feelamong:

hmmmm una don start again!!

jamace: https://www.nairaland.com/1523272/fg-sell-four-state-owned-refineries

I see TRANSCORP buying one of these refineries!


I see Transcorp coming to the market to raise more funds.

Born 2be Rich: Abeg who has an idea where eterna might rise to in terms of price appreciation.

mashaun: My people
Please what is happening to livestock o,
Is it very good to buy now for medium-term inv.

mercylicious: @lancee, wetin dem talk for d conference?
@mashaun, we cannot categorically tell u, cos we might say one thing and oga at d top will .....
Uacn bought livestock feeds and the price rose to abt 5 or 7 naira, b4 d mkt beat it down, so it seems its finding its foot again.

Dangote cement and nestle are the next to move, followed by uacn. If u believe me shout oho oho!
Am taking position in dangote cement 2moro.

SWG 1:
Madam mercy those coys are looking slightly overpriced but i am looking at possible indices that will rally dangcem b4 i launch attack by fri. But as for skyscrapper(nestle), im afraid of heights.

Ess:

You no dey for Christfo be that.
Anyways I missed Transcorp, FO and nearly missed Oando train, thanks to liver wey I manage grow.

ucheson2: NESTLE IS STILL VERY CHEAP AT 1000s.
Come with me as I prove it using using what I call 'comparison formula(cf)'. I actually derived it using the inverse of the formula for dividend yield(dy).
In case u dont know, dy = dividend(d)/share price(sp).

Therefore inverse dy or 1/dy = sp/d.
Cf = (sp/d)x full yr dividend of the company in question(nestle). I hope u r followiny?

Using this formula we r goin 2 compare the ave sp of those 3 stock in thesame sector with that of nestle.

1. Cadbury sp = N58.90K, D = 50K, 1/DY = 58.90/0.5 = 118.
0
2. Flourmill sp = N83.06K, D = N1.60K/2(paid 2012 i.e 2 yrs), 1/dy = 83.06/0.8 = 108.

3. NNFM SP = N24.37K, D = 90K/3 (Paid 2011 ie 3yrs), 1/dy = 24.37/0.3 = 81.

Ave 1/dy = (118+108+81)/3 = 102.

Therefore the fair price of nestle = 102x20 = N2040. Hint the fyd of nestle was N20.

Now going by the calibre of company nestle is, it should be selling at far above its far price. If I am to fix, I will fix it somewhere between N5,000 & N10,000.

Born 2be Rich:


I dont mind if you will sell ur gtbank shares to me for N5..i go buy am from ur hand.

9free:
My Oga, I don christen this Christmas as Christando Christcorp.
Oga Elai, and B2bR I pray una dey this train oh. The next bus stop na Paradise...........

9free:
No be only you ooooohhhhh
I get 200K units of UnionHomes, 200K units of BecoPet, and 150K units of DaarCom for my longest tie portfolio. Na these yeye stocks I use welcome myself into the NSE in 2008. I don find buyers tire for those stocks since then but I no see. I just simply moved them into my longest time portfolio for my grand grand children. The current newbies into the NSE dey lucky well well as dem dey learn from our past mistakes.

Ess: Oando trading at 10.23%.
Dream come true?!

SWG 1:
The same maths with NASCON and DANGSUGAR will give u better percentage on price to dividend yield. Dont u think so? But compared to coys within its sector its cheaper.

mashaun: My people
Please what is happening to livestock o,
Is it very good to buy now for medium-term inv.

mercylicious: @lancee, wetin dem talk for d conference?
@mashaun, we cannot categorically tell u, cos we might say one thing and oga at d top will .....
Uacn bought livestock feeds and the price rose to abt 5 or 7 naira, b4 d mkt beat it down, so it seems its finding its foot again.

Dangote cement and nestle are the next to move, followed by uacn. If u believe me shout oho oho!
Am taking position in dangote cement 2moro.

SWG 1:
Madam mercy those coys are looking slightly overpriced but i am looking at possible indices that will rally dangcem b4 i launch attack by fri. But as for skyscrapper(nestle), im afraid of heights.

Elai147:

Hahaha... I join u afraid for that height. He that is up need to fear fall

Elai147:

Hahaha... I join u afraid for that height. He that is up need to fear fall

Elai147:

Hahaha... I join u afraid for that height. He that is up need to fear fall

Youngzedd: Stock gurus in the building I greet you all.

I will like to know if Dangote Sugar and Floor is good to invest and also do they pay dividend regularly to share holders.

Any other good company to invest will also be appreciated.
Thanks in advance.

ucheson2: When nestle was at N100 some where afraid of heights so they did not invest their nestle and they are regretting it now I hope u ll not join those that ll regret when it ll get to N10,000, N100,000 ..... If companies on the newyork stock exchange can trade above USD10,000 nothing stops our own from selling at N1m. US, London, China ... are very far, have taken some time to browse the price list of JSE here in Africa and see how much they are selling? Some of those companies are not even doing as good .....

Youngzedd:

Help!

Elai147:

Hahaha... I join u afraid for that height. He that is up need to fear fall

Youngzedd:

Help!