₦airaland Forum

Harvestock01:
When did you buy all these stocks that you are selling even on Sunday?

Lol.

locodemy:
Madam mercy, it looks like everything will fly.
If Rt briscoe is flying again after poor results, why won't MB do well in price.
For comparism of stocks,I am too good for that especially those kobo ones.
Coming to os, Regency has about 6B
Coming to Eps, Regency has about 10kobo eps in Q1 2023.
Coming to Q1 Revenue and PAT, Regency has an improved earning compared to the previous.
Coming to corporate governance, they have done better than MB in the last 5 years.
Coming to dividends, Regency has done better than MB in the last 5 years
I wonder why the price is kept so low when factor those facts.All things being equal, Mr market will position the 2 accordingly but there is more rewards in Regency.Thats the only kobo kobo insurance stock I will look at from Tuesday if cash is available.

Good one.
* In terms of comparison anyway, I think MBenefit is well structured with corporate investors' majority shareholding in the Coy.
* In terms of Asset, PAT, EPS, Cap base, products, ROI, etc.....the fair value is well above current price of 34k.
* Eps of 15k, PAT +160%
* I don't want to put it side by side with Regal anyway cos each has its unique feature but a well structured one has better advantage I blv.
** I honestly don't know why they remain low and static too.
** I want to believe investors apathy will change over time towards the sector if they continue to deliver Y-O-Y like this.

** The most surprising one to me is Custodian!! Despite the wonderful Dividends paid yearly, I noticed the share price has not change much in several years - doesn't look fair on the stock at all.....and even the sector generally.

Na wa o.
Just see how the pages of this thread were wasted on back and forth.......yet with no practical solution to the guy's need.

Pa Emma is always right, nothing wey you go talk wey he go gree.

Make una sha remember say na page 7Ks we dey o, don't come and go and exhaust the pages quick quick or carry this enter new dispensation.
Igi pawpaw o ni wo pa wa o.

locodemy:
Mutual benefit has huge O/s concern like Aiico.These stocks can go for reconstructions at any time.

Some more checks.....
* There's nothing like huge OS for MBenefit if we consider the % owned by substantial shareholders with 5% and above as well as individuals with 1B and above...
* From my estimate, free float is around 4.45B representing about 21% of the total 20.061Billion OS.
* The Coy operates its Microfinance bank now.....
* Moved from -ve eps to +ve in the 2022 financial year.....as well as 2023 first quarter.....
* If this improvement is maintained, maybe the stock may also join league of Dividend payers in future....
** As for reconstruction, well I don't know about that for now.......maybe/maybe not..
** You may do some checks and DD too.....
** I plan to check Regency and compare....but not now..

Mfunkynation:
$0.11 is how much in Nigerian currency?

Think what Ecobank is paying is around 0.50k
Result not so fantastic.

chimex38:
If OandO is delisting , hence going private,
why are there still trading on the floor..
Educate me abeg
I

Because the delisting process is still ongoing....
Until it's completely finalized, exit-price paid to all shareholders, delisting process wrapped up, placed on trading suspension and consequently removed from EQUITY section of NSE/NGX......It will still be trading on the floor.

Currently, the Court has adjourned the hearing case to October 2023.......because the case is still in court (btw OANDO and aggrieved shareholders).

onegentleguy:
"The Nigerian Bulk Electricity Trading (NBET) and Transcorp Power the parent company of TransAfam Power Plant Ltd, yesterday signed a power purchase agreement for the 726 megawatts (MW) TransAfam Power Plant Ltd located in Okoloma, Rivers State.

Subsequently, NBET got regulatory approvals from the Nigerian Electricity Regulatory Commission (NERC), Bureau of Public Procurement (BPP), Ministry of Justice, as well as presidential approval for the takeover..."

https://dailytrust.com/nbet-transcorp-sign-726mw-power-purchasing-pact/

This doesn't sound like positive news for TRANSCORP to me.......or maybe I interpreted it wrongly...🤔

Mpeace:
UBA is now doing 9.20 hmmm

UBA closed @9.30...
Giving ACCESS a close chase....
ACCESS closed @11.40..

locodemy:
Mutual benefit has huge O/s concern like Aiico.These stocks can go for reconstructions at any time.

Oh!! Ok.
Thanks for the revert.
Don't know why my mind and gut feelings keeps flashing it sha.
Will check this concerns as well......but remember over 50% was in the hands of 2 coys who bought at premium several months ago.

Ok. Let's keep it at that b/4 we are labelled monkey hunters. Mr. Market will do what Mr. Market will do.

** Chai!! If not for the delisting news, this is the time OANDO would have been rewarding..🤔

locodemy:
I see the stock above #2 in the next 12 months if efficiency is maintained.They have good mgt and clean book.My eyes caught this one REGENCY INS

Holdco can go either way.....
We can only hope for positive aspect of it.
Don't know why I still have reservations for Regency anyway.....but will try and look at it again (been long I checked it last).

The one I'm talking about is MBenefit.
Like I said I haven't check it deeply, just started looking at it.
** Caveat: Not any form of advice**

locodemy:
Nna anyi ukwu wait let's welcome Jagaban first.Its obvious the bull is lurking around him now.Maybe after his first 100 days in office, the generational low will start.

GreatEko:
Oga Rabbi, abeg inform us a day or two before the generational lows start.

Until then, make we enjoy the small small money wey dey rain on us.

Haaa! This got me lmao.
Abeg let's not throw away warnings o......
..but we need to enjoy this Jagaban bull first.

**Once signs started showing, make we do well to inform the house o.

locodemy:
Okay, but I would have like to play the game.
Seeing it as the best in improved results among the peers.

What's the effect of this HOLDCO on the stock?

Nothing much.......think we've discussed about it here before.....

It will stop operating as stand alone company but will now be operating as a group with all the subsidiaries under same umbrella, preparing one single financial report, etc.
* HOLDCO is supposed to improve the efficiency of the group performance, enhance profitability and increase value for shareholders...
* In case of shortcomings on the part of a group member, then it's going to affect the whole result of the group as a whole. E.g. Like the case of UACN and UAC Property before the unbundling.

Holdco operations similar to how GT, FBNH, etc are now operating.

That's the little I can say now based on my understanding of it.

locodemy:
I am coming for Regency.
Good stock and very cheap

Regency is transiting to HOLDCO.....
So do your homework well....

The one I'm looking at is different.......trying to do some checks on it first...

moneymanager:
@yMcy56, this is my problem
Sitting on stuff waiting

Lol. Your GT/ZEE is not doing bad nah.
Except you're talking about another one...

Seems one senior boss is still holding ACCESS down....

Insurance sector is generally not doing badly during this period too....
In terms of activities at least....

ACCESS/UBA......Now ridiculously cheap among their mates ....
* GT: 27.20/27.30...
* ZEE: 26.75/26.80..
* ETI: 12/12.40
* FBNH: 13.75
* ACCESS: 11/11.20
* UBA: 8.80......This one is even picking up small small.. at least it moved from 7.70/7.80 to this point.....Now sighted @8.90...8.95...9.....9.10....

** We sincerely hope this bull will not pass both of them by....

* GSK: Some swift rush @7.60!! Any news?

The type of funds these big guys are staking in this market, especially banking...
Are we sure the FPIs are not involved?

Page 7000 here we come! Wow!!

Whosoever opened this page needs to do give away o.

thesilentone:
Back from ban. I attempted to respond to madam Mcy post to Agba.
minding my business now

Oh! Sorry for that!!
The B.O.T can be insensitive sometimes...
Pls don't mind your biz o.
Although, I again deleted the post...

yeddy99:

Let the brakes remain oh.
We are still accumulating.

Lol. It's good.
Access already find it's way back to 11 from 10.75...

ositadima1:
You were writing so fast that your writeup became unreadable, which is very unlike you. I had to use Google Translate to understand it.

Lol. Shebi you don help me correct am. Thank you.

That Access just dey vex me this morning ni.
Imagine GT/ZEE already appreciated well well after markdown, instead of going up, e come dey go down early today.......and person like me no be value investor wey go stay one place for long like that.

Abeg make Una no mind me o. This is personal.
ACCESS remains a solid stock to align with.

emmasoft:
This is a deep truth about the market. Unfortunately, many folks that come here are coming with a mind to be an investor but most of them follow traders advice and they will jump in and out of stock at the slightest change in price without considering value.
Weldone oga Emma.

Well said @Emma.
Maybe as trader, someone like me needed to reduce the rate of posting daily activities that's much more related to traders mode of trading. Think I've actually been reducing it and will try more.

Newbies especially needs to embrace and inculcate investing habits with higher % goals on value... because some copy traders that knows their way around the market while they in turn do not know much about the 'tricks' that may be involved.
.....and the unfortunate aspect of it is that they won't ask those who knows road but will be doing trial and error. When odds are against them, they blame someone else for it.

aremso:
Keep buying ooo zenit going to 55, Gtb 80 uba 45 access 50 fbn 45 .

Well done sir.
So you believe Nsempas are the ones buying those huge volumes, spending billions and dictating the direction of the market since all these days.....

ACCESS
Papa don Waka reach KM 11 las las.....
No be small thing....

UBA too....

ACCESS/UBA:
Looks like they are showing strength early today.....
*ACCESS moving gradually...

GTCO/ZEE: The buyers arriving Customs Street?
Erasing early loss slowly.....
GT.....21M units done and counting........ZEE 23M+
Heavy buyers doesn't seems to be on queue...just picking from the background...

UNILEVER: Sighted @15.90 earlier......Up with +N1.20

TOTAL/NESTLE: In early upward mvmt...... receiving quite some àttentions...

*Just observation*

Streetinvestor2:
The way some go jump out from widow and escape through roof when Fbn announced thr traditional 50kobo dividend. Na serious oso abiola go happen...

April 13 posts....

onegentleguy:
Remember what happened with FBNH btw Sir FO, the folks @ LEADWAY INS and Sir Oba Otude**
The bidding war actually helped propel the price... because everyone wanted to ...
They may not even be done with FBNH yet..

yMcy56:
Doesn't look like they're done yet from the look of things too.
Odukale's % is still very close to Otedola's.
Lots of coded accumulations were witnessed after the noise.
We'll see how this pans out eventually.

Oga, e be say you never enter Customs Street when 2 elephants were fighting for control of FBNH....

It's not only Dividend news that's driving FIrst Bank lately...

New Incoming Admin:
- Over 65 countries to be present for the inauguration...
- Tony Blair visited the President Elect, Bola Tinubu at the defence house in Abuja to discuss area of mutual interest...
- More support, economic and investment allies coming from different countries...

France declares economic and investment ties with Nigeria:
https://nairametrics.com/2023/05/24/france-declares-to-continue-fostering-economic-and-investment-ties-with-nigeria/

Topson88:
I have mytradebook which i have been using for about 4 years. I want to sell some stocks but cant seem to log in for about 2 weeks. Pls how else can i see my shares?

Mytradebook is working fine.
You may have to contact : customerservice@gtlgroup.com for password reset.

Also check the url to be sure it's mytradebook portal from Comodo Secure you're logging in from.

Abbasmh:
The kind of money that entered the market today no be small oo.

This can't be LPIs alone

+10-10% things today....

US Pre. Biden already appointed 9-member delegation to attend Jagaban's inauguration.....
This could be a positive news too.

https://nairametrics.com/2023/05/23/us-president-joe-biden-appoints-9-member-delegation-to-tinubus-inauguration/

sterlingD:
Wetin come dey do UBA ?

We no know o.
Wonder what Tony and Herbert are up to.... 🤔

ZENITH self dey vex because of GTCO.....close to 27 now..
GT: 27.75..
ZEE: 26.95....closed @27!

Mpeace:
I smell special dividends from this bank.

It's possible
The bank made huge profit last financial year.....
Or maybe one of the billionaires is increasing his stakes again..

moneymanager:

You should be happy nah.
Is that not want you'd wanted all these while...

The kind of funds entering banking stocks especially ehnn, it looks like some FPIs might be taking position as well, can't be only locals from the look of things.....
Make person just dey on the lookout...

FBNH
First Bank touched 13.70!!

This will be the right challenger for ACCESS/UBA...

MANSARD: Some pullback today....