₦airaland Forum

faketan:
Please windywendy, AKT etc,

make una help me talk for the question above. I sabi say Sping get K-feet before.

Please can I got into any of those now? Should I wait?

I'ld say "stay away from DEAPCAP". That bonus rumor is just a RUMOR and if the outcome of the meeting those guys had is anything to go by, it doesn't seem like they're planning to do a bonus issue. They increased the authorized share capital to make room for a PO. If you're interested in that company long term, wait for the PO. My opinion though.

Spring Bank? I thought they're having problems? Don't know much about them though, but if I were you, I would check up on their financial health before investing. I heard sometime ago that they were at risk of losing their operational license -- not good, if you ask me. But then do more research.

hispy99:
If TRW is to be believed Transnationwide Express actually lost ground today

Yes they did. And yours truly is happily picking up some units and will average down on this one. Cheap company with interesting potential!

@all Japaul-ites: That company's valuation is waaayyyy out of whack, and I don commot for that side oh (bonus or not, I don't really care at this point). Twas a jolly jolly ride. Be aware that according to the PO docs, they're listing the additional shares 2nd week in Feb. So make your decisions. If you get out while you're still ahead, you can always re-enter at a lower price after PO sellers go on rampage -- remember those PO shares were given at a huge discount, so even a price like N6 will be enough gain for some.

RoughCut:
Its a fund which means your subscription is part of a 'larger' pool of funds that invests in a telecomms business probably MTN but i'm not sure so don't quote me. Anyway the 'koko' is that Lead  capital will take 20% of the profit or returns which they may[i][/i] re-invest in the fund after which they will distrubute the profit to the subscribers in the fund according to the proportion of your investment. Treat the investment as a mutual fund or unit trust.

What Are they serious at all? They can't possibly be. This is daylight robbery!

tonyjon:
@Windywendy,

What is you take on UTC PLC?.

Peace.

Hmmm, UTC. I'm not sure how I feel about this company yet.

First they hired the woman with the midas touch to run their sales department. That woman is a PERFORMER no doubt. Shortly after she took over the sales unit, she streamlined the whole sales process, refocussed their target segments and sales shot up by more than 50% within 12 months of her being there! But then the folks on the cost side were busy being out-of-control and so all that sales success did not show up in the company's bottomline. Then she's made MD and I thought "now she'll be able to do something about managing costs since she's at the helm now". But alas, that did not last long. Actis _{those guys again!!}, noticed her, snatched her up and put her in charge of Mouka foam, a company in which they just recently invested heavily in _{too bad those UTC guys couldn't keep her  .} So it's back to square one with UTC (my opinion).

I don't believe in the company's value proposition (how many people will actually troop to UTC to buy meat unless of course there's something about it that's just absolutely different. Plus they have tough competition from better managed companies like UAC foods and Bigtreat), and worse still I doubt they can successfully deliver solid results -- unless of course they get another midas touch person at the helm of affairs there.

Even from a short term trading perspective, the stock price is not volatile enough for me to do CICO but there's some volume, which is a good thing.

So the short answer to your question is: If you're considering long term, perhaps UTC might do a turnaround and be a good candidate. They had an article in the papers recently and said a whole lot of stuff, and also mentioned that they've been making profit since May or June 2007. But I still don't believe in their ability to deliver value. Just my thoughts there.

Hope this helps.

blest:
@ lawalidowu

Sorry for the late reply.Am doing the Cisco in the UK here.


@Moneywise

You still dey WEMA bank? Na wa oh, i don carry my own marry wife tay, tay. Infact some few days ago make us 4 months.Meanwhile, the pepper still dey o! because i still dey Honeymoon.

LOL!!! Na im be say you don chop finish clean mouth abi?

You guys are just too funny!

yodiyokun:
they were around in 2006!!!! they are not on every street corner like Tantalizer or SweetS but  them dey and them correct.

Them dey Ikeja and Ikoyi I am not sure of other places.

Wanaj0 no dey frequent those places - them be baba.

ah, ok o, my bad. Looks like they've been around for some time then.  

no_shaking:
Whao! You guys don go far. Me I no fit catch up with you guys anymore. Which one be CICO _{pronounced psycho}? Men, I don jones o! Ok now! I don get am! No shaking! While you guys dey CICO, me i just dey swing since beginning of the year from FMCB to Access; go Chevron _{AP Sentiment} then Japual _{Bonus Sentiment} to Vono now _{Me too/Ibeji sentiment re. Vit}afoam. Later, I go face GTBank and back to FCMB.

I don tire to dey swing for Insurance sector for now _{no wan make the swinging go hang for up or ko lo ha re. TS!} I stil dey siddon kampe for the up & coming ibeji fight between UBA vs. Zenith Bank. I don talk am! The koko this year nah sentiments! 25% go be yam this year, yes o!

Anyway, nuff said! Hmm! Really appreciate all that you guys have been doing esp the new contributors.

@ Windy Wendy
Analysis on MTN was right on target! Where do you get your info from? Nuff respeck! BTW, how you did you get to know MTN has now centralised their procurement process, huh? This is one wahala we contractors are facing now with MTN, Na so so delay, bottleneck etc. Right now, FG contracts better pass MTN’s by far now!!
@ Father of 2
Na you dey! Keep up the good work! I can see more peeps gravitating towards your 25% _{oju agba} strategy. Nice one, baba ke!

Re: Union bank’s sleeping giant?
While all banks dey move towards retail financing, Na Jamb forms, Union bank announce yesterday say they wan begin dey sell, huh? I tire for the bank o!

Happy and Safe Investing!

Ah you wan try! me get network na! That MTN PP na "ma koja mi olugbala" (borrowing that phrase from your very funny post from before before)

TeeHay:
Quite intresting, what a way to seek public opinion/market sentiments!!! . Personally, the TT PP is not promisingly exciting, my humble opinion.

I like the rhyme: Kind of like "the TT PP is not PE"  

yodiyokun:
This is a sure sign you left Naija a long time ago!!!

Chei! see as you come expose me . But I was in Nigeria in 2006 and didn't notice any Chicken Republic. They certainly must be new. Abi Wanaj0 na lie?

omo_boy:
@Windy

Please do you by any chance know when Unic and Mutual Benefit might be coming to the market,

Thanks

No idea, sorry. I'm not even sure if Unic is coming to the market at all but Mbenefit has been saying so for a while now. Perhaps they might come soon.

wanaj0:
A friend went home and was talking about the Tantalizer PP. His children objected to eat saying that he should buy Sweet Sensation, TFC or Chicken republic. You know why They claimed that the food from those eateries are way better than Tantalizer. That conluded the analysis of the PP!

LOL!!! Very true indeed!

_{But wait a minute oh, there's Chicken Republic too?}

@all, just took a quick look at the Tantalizers PP memo. Don't like what I see. Margins are too thin, historical results not too impressive, projections too optimistic (and not very impressive despite that). Might still make you some money though, esp. if they list later this year as they've mentioned. I won't recommend this PP though.

@Easimoni, I too wanted to buy Stdinsure but my broker warned me that they'll be going on TS soon. So beware.

Ladies and Gentlemen of the forum, i've thoroughly enjoyed myself this evening. Thanks for the laughs.

I'm off!

moneytalk:
@windywendy

Fretting is the mother of reality in this case if only i could turn back the hand of time am at lost oh my manly is not so strong at this moment or am i still dreaming or what i think its still a dream chei

Chei, you this man you don dey tire me oh. Person give you strategy say make you go try am out, you dey here still dey cry. Go try am now, if e no work make you come back for more strategies. Chikena!

FatherOF2:
I won't say pass this not to be known.

Ok o, no problem. I actually took a substantial position today but that was based on the renewed interest I noticed in those aluminium companies and the fact that RUSAL had come out to announce that ALSCON was up and ready to go in FEB. I also put a phone call through to someone at the FAN factory who confirmed that things were kind of looking up _{educative but not too interesting conversation, i'ld say . . .} Anyhow, this is just additional good news there -- shows that my instincts were on the right track   Cooooll!

FatherOF2:
That one no go happen oh. The owners of FAN in the UK are as rich as RUSAL. He just pumped in $20m into FAN,one of his long long long line of companies.

If RUSAL start work,life will improve for them.But na so them don dey talk for the past two years.

Seriously? When did that happen? this year or last?

moneytalk:
@windywendy,

As a woman who sabi monopolistic calculation from the day go she go say sometin dey make i open mouth wt all tis jara and actin am on serious fire see wetin WEMA put me 2ru any angle i fit talk to her because she warn me to leaf wema alone

ah ah, I say make you no fret. Just try that strategy wey I give you now now. E go work. If e no work, make you come back and I go give you another one.

pumping777:
I can tell that this dinner date was over 3 months ago!!!

No o, it's tomorrow, or the day after. Or even the day after that

dollyp1cute:
He sold some @ profit so  , wish I had sold all off  , well such is life  , shuo you mean it will hit N2  , well no shakin   etcetra

PUMPING AM I ON THE RIGHT TRACK

LOL!!!  

moneytalk:
Haba !!! Such is Life windywendy the final laid to rest have not being announce now madam but if i should have listen to my wife chei am in serious deep shit i pray she will not find out very soon am on fire!!!

Oh no, don't fret now. You just have to be smart about how you break the news to her. The following scenario might help:

Act 1, scene 1: moneytalk takes wifey to her favorite restaurant and orders her very very favorite entree
Act 1, scene 2: moneytalk begins to say to wifey "ooohhh, i just want you to know just how special you are to me . . . You are absolutely the most [s]oh and by the way I bought shares in wema [/s] wonderful woman in my world, and I'm so blessed to have you . . .
Act 2, scene 1: wifey goes "huh?? you what??" but by this time is too distracted by her favorite dessert and couldn't care less . . .

A perfect ending  

Try it out and let us know how it works out for you  

pumping777:

meaning??

FatherOF2:
Any positive change in profitability you see in that industry has nothing to do with ALSCON at all. ALSCON has not started affecting their bottom line.
They're not even producing.

Thought they're starting production this Feb.

In my dreams though, it seems logical that RUSAL (the folks who bought alscon) will likely acquire one of these aluminium companies (FAN being the most logical candidate) because its the next stage of production in the whole aluminium process (i.e. the fabrication stage). But then again, worldwide those guys are not heavily into fabrication.

Anyway, since refined aluminium is an essential raw material used by these aluminium companies, sourcing it locally (instead of internationally as they're currently doing) will go a long way in  improving their bottomline. Abi?

moneytalk:
WEMA WILL REMAIN A SLEEPING GIANT FOR A VERY LONG TIME  OR AM I DREAMING?

No you're not. Care to sell to me? I'm buying at N2 a piece  

All this tory about textile companies, no be today we don dey hear say government trowey money for their side. It's been going on for ages. Too risky.

FatherOF2:
Wendy trust me. Nothing for ALSCON at all at all.

abeg explain further. What does this mean?

texas543:
Dont worry! You will get used to it E lenu bi eye . We don't mind a combo pack a blend of sisqo _sorry CICO and taliban.

ok o. for the longterm, I like STACO -- they've got one of the fastest growth rates and highest profit margins in the sector, plus an aggressive and focussed management. Infact that's the company I was referring to in my post above. Keep your ears to the ground so that you can beware of TS. FCMB (but after they list their PO shares and sellers go on rampage) and Ikeja hotels (seriously undervalued, I believe it has at least a 40% upside based on its current price)

Shorterm: Mbenefits (if today's proshare report is anything to go by), UTC, DN Meyer, livestock (terrible fundamentals but some investor sentiment. Won't hold for more than 4days).  

But wait o, has anyone noticed all these aluminium companies suddenly waking up? Looks like the reopening of ALSCON is doing something interesting to these guys . . .

texas543:
For the mama ke! E ti poju!   Obinrin bi okunrin! Wey olulufemi to come teach me now Mother of all . Abeg show us the oppurtunities. I still dey loyal to your school oooo. Go on soun!

Ahhhhh, na wa o!   Sawri oh, but this kin tin no dey work for me oh, na only fatherof2 e dey do magic for!   I get school ke Abi person don build school put for my name?

What are you looking at? longterm, shorterm or medium?

toskin:
@father of 2,pumping,windywendy et al
please what is on the shopping list for tommorrow?
UNhomes ,Equity,UNTL,or mutual benefits.
i beg make una answer man o,or else i no go commot for this my computer o.

Shopping list? Hmmmm, let's see . . . shoes, gucci bag, livestock feeds (CICO only), Givenchy perfume, union homes (according to Pumping777), coach sunglasses, Unic, . . . you get the idea abi  

EMMAACHILE:
UTC: Penny stock to watch
21 January, 2008 09:00:00 SIMON NJOKU
Font size:   

Before last year,not a few investors could look twice at the UTC stock for possible investment considerations.

The reason was not fat-fetched as the company was yet to sort out itself in terms of debt obligations and other operational challenges. So, it was difficult for the average investor to understand exactly the direction the company was going.


New focus
But UTC appears to have now swum out of the danger zones and moving towards sustainable growth and profitability. Chairman, board of directors of the company, Hayford Alile indicated this much when he addressed shareholders at the company's last annual general meeting.
"As expected , settlement of historic bank debts, some trade creditors and paid down negotiated tax has improved corporate goodwill and access to funds," Alile said.
And this achievement seemed to have provided UTC the much needed breathing space to better assess and harness the growth opportunities beckoning on it. After a careful calculation of its chances in the food industry, the company decided to step down from the conglomerate category of the Nigeria Stock Exchange to join the Food and Beverages subsector where it feels it would play a more active role.
"Management is fully committed to developing the food business by improving and expanding current operations. As food is a necessity, we will continue to use our value proposition to the best of our ability and remain a leading food processing company in the country," said the chairman.


Growth
UTC's focus for the future, according to Alile, is centred on expansion of its activities. The company, among others, wants "to get closer to the consumers and take our rightful position in the market as the foremost food producing company in Nigeria".
Hitherto, all the food company's activities to date have been carried out in a single factory outlet at Creek Road, Apapa. But the board chairman indicated: "Henceforth, multiplication will come with expansion."
Specifically, the company has a new factory and and sales depot at Oba Akran Avenue, Ikeja.
"By the special grace of God, we shall be opening 'UTC Meat Village' in Victoria Island, two in-store meatshops and two more bakeries before the end of the year. More bakeries, cake plants and meat factory will follow in the next two years in other geopolitica;l zones of the nation."


The plunge
For many investors who perceive UTC as a credible brand with a wealth of experience on consumer markets, there is no doubting the fact that the company is heading in the right direction.
This category of investors is already taking a plunge for UTC shares in the market. This could be gleaned from the performance of UTC stock in the capital market.
From a share price of N2.76 late October 2007 and N3.81 ending of November, the market price has as at mid January 2008 climbed to N4.16.
Investors' confidence in the stock is further buoyed by the company's encouraging end of year result.
UTC's turnover for the financial year ended 31st December, 2006 amounted to N951.6 million, from N612.6 million in 2005. The operating loss for 2006 was N23.7 MILLION; which is 10 per cent of the operating loss of 2005.
With exceptional items of N101 million, the company ended up with profit before tax of N54.3 million and profit after tax of N52.6 million.
The company's future, in the 2007 financial year therefore, seems bright, considering also that the firm has consistently posted profit since May 2007.


Sceptics
Unarguably, a number of investors are still not convinced that the current performance of the company can stand the test of time. They need to be convinced that present management of the company under Folusho Olaniyan can consistently deliver. Olaniyan assumed headship of the company following the resignation of former managing director, Adepeju Adebajo over a year ago. They desire to see how well the company's expansion plans are implemented and with what impact on its market performance.
So, shareholders and prospective investors are looking forward to Alile's responses to the above and other pertinent issues at the company's next annual general meeting

Hmmm, interesting article. But didn't these UTC guys just loose their magic touch MD to Mouka foam which was recently heavily invested in by Actis?

pumping777:
That one concern full year result. There is no need to hold this one till then. This one na Q-3 and it rocks!!!

Ok o, no problem.