₦airaland Forum

manie:
Which kain case UACN get, that made the company had to spend N151 million on legal exoenses.



IT expenses went up from N210 million in 2014 to N272 million in 2015.

N1.27 billion was used for vehicle maintence and fuel in 2015, this figure may go up by 40% in 2016.

N922 million was spent on electricity and power in 2014, but went down to N876 million in 2015. I observed that the ac in my favourite Mr Biggs is not usually on whenever they are on generator, and in most cases they have a timetable for when the generator can be used.

The marketing and advert expense of N1.18 billion ought to have a positive impact on the revenue and bottomline.

Distribution expense went up from N620 million in 2014 to N667 million in 2015.

Many of these companies are ripping off investors mercilessly.
Manie, you should be in shareholder activism, leading one faction, sorry group.
We need somebody like you to confront them with these queries at AGMs.

megainvest:
FBNH on Overdrive! Wetin dey happen?

I think mr market mistook 'profit warning' for 'loss notice', if there is anything like that, and,
after seeing fcmb result, is rectifying the overreaction on fbnh.
One should watch out for the other profit warners too.

fxuser:
BUY Radar
Zenith
Any price under N11
Under N10 even better

access (under 4)
champion
unilever
expecting their Q1 results to be strong, and trigger a rally, but it could turn out otherwise.

I'm a newspaper-trained speculator

ufotty2001:
please when will diamond bank release their results

And plz did Diamond too issue a profit warning?
I lost track of the warnings when the practice turned cultural.

betcindy:
Zendi or whatever,u dey Jonse. I dnt work with info i gather here. I just see you guys as entertainers and not investor. Whatever i post is left for me and not for you. Oldbie ,how much loss have you been able to make with your borrowed money cos i can't ask for your profit cos u have nothing to offer with ur peanuts

Brother, I didn't call you newbie in stock investment.
I said newbie in 'monkey trading', that is, trying to push your UCAP jijo.
You see us as entertainers here, but your wrong-headed post on UCAP does not suggest you're doing any better.
Let's take some things in the lighter mood.

Elai147:
www.percentagecalculator.net

What simple smart tools some biTLs have been using to dribble us silly in this jijo game.
Thanks brother, I have bookmarked this sharply.

betcindy:
Ucap will appreciate to 2.50 next week Friday . Not a buy rec anyway

duni04:
Normally i wouldnt even bother with this but i'm bored so ill indulge you. Even if UCAP does a cumulative 20% on Tuesday and Wednesday, that would leave the pre-markdown price at 2.4. Meaning the price on Thursday would be 2.05. For UCAP to do 2.50 on Friday, it would have to appreciate by 18% on a single day of trading. Except you're Oscar and you're planning to change the NSE rules between Thursday and Friday, you better retract this your post.

Laff wan kee me !
Duni04, that man fit be newbie for monkey trading now.

holm:
http://www.nse.com.ng/Financial_NewsDocs/12838_SKYE_BANK_PLC_PROFIT_WARNING_CORPORATE_ACTIONS_MARCH_2016.pdf

The chaff are separating themselves from the wheat.

Agbalowomeri:
The share price will only gain 15%

What I think will move the stock and the entire sector, more than any dividend, is if the result generally, especially the PAT, turns out not as bad as feared right now.

Some people are loading moribund stdinsure.
Is Lazarus coming back to life?

http://www.thisdaylive.com/index.php/2016/03/22/its-insane-if-nigerias-currency-policy-remains-says-unilever/

This devaluation debate is getting v bitter.

debeey87:
Oga Mega, whats your source o.... :DOga Mega, whats your source o....

Mega is a Seplat source himself.

Dragonking:
Be careful in the NSE, foreign investors are leaving Nigeria for cote d viore.

https://www.nairaland.com/2995914/cote-divoire-displaces-nigeria-emerge

Some of those investors, fleeing from Al-Qaida/Al-Shabab/IS Gboko Haram in Nigeria,
end up exposed to Cote d'Ivoirean Al-Qaida in the Islamic Maghreb.
The trrorists opened fire at several Ivoirean sea-side hotels on Sunday,
killing 18 and wounding 33, (I assume mostly foreigners).
Tragic, but goes to show, Nigeria's insecurity concern, among the oft cited problems,
does not make Cote d'Ivoire exactly a safe haven. Wishing them goodluck!

http://nse.com.ng/Financial_NewsDocs/12693_TIGER_BRANDED_-_APPOINTMENT_OF_ED_CORPORATE_ACTIONS_MARCH_2016.pdf

Dangote's SA beomes deputy CEO of Tiger.
Aliko is keeping this baby close to his chest.

zendi:
Tiger is insanely popular.
I spent the day at their stall, bought some @2.79 when I saw
how the offers were being snapped up.
No evidence of manipulation to me.

No marketing!

Yesterday.......
wishing I had bought mooore!!!

Tiger is insanely popular.
I spent the day at their stall, bought some @2.79 when I saw
how the offers were being snapped up.
No evidence of manipulation to me.

No marketing!

jarkbauer:
just as saying Oando will trade at N30 next week....words are powerful. So beacaue she said i have died.. she will die abi.

We have been shouting Naija is great and she is now great

Jarkbauer, just saying "I have died" once won't make her drop dead right away, God forbid.
But, even if one does not wish to practice positive confession,
there must be some spirit that taught ancient humanity the wisdom to say "GOODmorning",
even when things don't seem to be going well, instead of "BADmorning" sometimes.

All is well.

PETERiCHY:
Bear in mind that same tiger brand aka Dangote Floormill once sold for N58 in 2007.

OANDO sold above N300 Same 2007

While SEPLAT traded N720 about 20months ago.

So try as much as possible to balance the equation and dont be deceieved by those shouting gain gain gain everyday albeit one just died.

Well, even costain once in 2008 sold at around N80. What of Nahco ?
A friend told me that his Nahco was rising and rising until 'afraid catch him'........how can money making be so easy?
So he started begging his broker to sell, that he had had enough, please.
But the broker laughed and told him that the thing, by then around N50, had not even gone anywhere.
In those heady days, stockbroking marketers were going to Onitsha market to tell traders to stop wasting time and bring the money to the stock market for quick multiplication.
But in my post you quoted, I'm talking about traders operating under today's market conditions.
Thank God we have better monitoring tools today to watch over our trades the way you nurse a baby.
So you dont buy and go to sleep.
I know a fellow who is still sitting on 1 million units of Japaul he bought at around N10 in those heydays.
If you are into buy and hold investing please make sure its a dividend paying stock so that if upsides dont come,
dividend will be coming.

megainvest:
How to lose money in NSE: Panic sell when everybody is selling then turn around to panic buy when everybody else is buying.

I think the reason we are all clicking 'like' to this post (I clicked one),
is because it resonates with our own panicky experiences.
"Fear not" or "Be greedy when others are fearful" is easier said than done.

EduC:
Thanks for this smart post...make una dey panic ooo.
Imagine what someone who bought Tigerbrands at less N1.2 and sold above N3 made within this short period. Or the attractive dividends beign churned out by the likes of GTB etc. The truth is that the more the prices drop, the bigger the dividend yield. Buy fundamentally strong stocks and don't mind noise makers like Peterichy who is fast becoming PeterPoory!

Some people bot tiger at 0.88 about 2 months ago and now sold at 3.
I'm not one of them o. I jijoed mine away prematurely.
But what we'er saying is, market don die, market don die, yet history keeps returning
with mega loot opportunities such as we also saw in seplat and oando.

zendi:
I think all bank results without terminal sickness should be coming out this week and, at the latest, next week
now that the sector leaders have set the ball rolling.

Any bank result you dont see by the end or even middle of next week,
I advise you run for your dear life as nobody hoards good news.

Justcul:
@Godisfaithful, please when is Skye bank likely to release their result.. I'm loaded here

I think all bank results without terminal sickness should be coming out this week and, at the latest, next week
now that the sector leaders have set the ball rolling.

bolabiyi:
babe, same here...but gat to wake wit a bottle of orijin...the bull is just going backwards...plenty of hope...

Problem with the orijin cure is that when it clears from your eyes,
and you happen to glance again at the pricelist, your stress comes back, multiplied.
So you pour in another bottle? (play o)

manie:
http://www.thisdaylive.com/index.php/2016/03/16/dangote-opens-tomato-factory-to-vie-with-chinese-imports/



This guy knows how to identify opportunities.

Import substitution is his game. How does he finance it all?
He's in mining too, with some Chinese partners.
I think all the banks in Nig and abroad are begging hiim to come and take money.

mercylicious:
i have died

Cancelled, IJN.

PETERiCHY:
http://www.aljazeera.com/news/2016/03/nigeria-22-killed-mosque-bombings-160316090928691.html

So such a country is where you will advice foreign investors to put their fund

For your info I 've been in Nigeria for some wks now with some foreign investors looking for a reliable franchise for their products but at the end of our research we discovered the economy is in total mess and we don't ve a choice but to jet back in a couple of days from now.

This is what happens in a country where the president presents a Nepa bill in place of a certificate.

Those your foreign investor friends...
Chaperoned by a diehard pessimist about the Nigerian economic climate like you;
I can't stop laughing because it's simply hilarious.
Something like asking a pussycat to vouch for the integrity of a mouse.
That investment mission was simply dead on arrival.
Anybody who wants to know if Nigeria is worth investing in should go and ask Aliko Dangote.

EDUECO:
I am still making money irrespective of the tsunami! As the birds learn how to fly without perching so does the hunters learn how to shoot without missing.

My JIJO philosophy too.
But in my case, I miss sometimes, to be honest.

chukyjones:
brent currently above $38

why is oando not responding? debt!!!

fxuser:
"Better to feed the broker, Than to be fed to the bear."

Arrgh . Nice

Are you a broker? ( play!! )

Born2berich:
Oga zendi, no fall my hand ooh...No tell me say you no know wetin be Baileys whiskey drink

my brother, you know say whiskey brands too many......only familiar with Johnny Walker Red and Black labels.
I no dey drink them, even, I drink alcohol rarely, but the other day I tasted Orijin and the thing dey pleasant for mouth.
Even that one wey you give me dat day still dey mama Ebere fridge.
I go go take am wash down one fish head pepper soup the day wey I go sell my eterna, when e manage cross N2.

bolabiyi:
chai..see. Men timing the market..hehen..stock market don turn surebet ooo..abegi, pass me baileys make I cool temper down..

abeg which one be baileys......a slang for orijin?