Owiii:

I have just been saved by asking. I was looking at long term investment that was why I asked

Owiii:
Please, is it advisable for me to buy Japaul shares at the moment?

Owiii:

I have just been saved by asking. I was looking at long term investment that was why I asked

swilo:


Owiii,

If you bought before you asked, don't pretend o. Just sell as fast as you can.

Also, spend some time to read posts on this forum. There are stocks that as a newbie, you should never put your money in whether it is going up or down. Cos once you are trapped, it is like being in the middle of a traffic jam at the center of 3rd mainland bridge.

phemmie06:

Which of the news boss, is it about the promised AFS to be released before month end or the crude oil news? If it is the latter: Is conoil oil producing company(upstream) not different from marketing (downstream) please clarify

RealityShot:
Conoil is Conoil.

AFS.. I don't know about.

Am talking about proprietary industry news. UPSTREAM

RealityShot:
Conoil is Conoil.

AFS.. I don't know about.

Am talking about proprietary industry news. UPSTREAM

RealityShot:
Conoil is Conoil.

AFS.. I don't know about.

Am talking about proprietary industry news. UPSTREAM

phemmie06:

Sir the upstream sector is not the same with the downstream sector as at last week when I checked it due to some boss post here, they are two different entities which Bloomberg proved unless they were wrong as well. But I will be pleased if there is a link to that.

emmanuelewumi:

Conoil is not Conoil.

Owiii:
Please, is it advisable for me to buy Japaul shares at the moment?

RealityShot:
please kindly explain the difference.

Scratch that.. Wikipedia clarified that.

My apologies to the house.

Thank you all for teaching me great stuff.

(but seriously: fundamental investing is hard in a country where th most profitable companies are kept private while the struggling ones are made public! Chai)

Mpeace:
The conoil you see on nse has nothing to do with crude oil. Conoil's crude oil personally owned by Adenuga himself (through another company that has conoil as part of its name) and he takes all the profits therefrom.
The only indigenous (nigerian owned) crude oil companies on nse are seplat and oando.

Coolcash1:


Lafarge still far from being out of the woods yet...If it drops below N40 I might pick some tasere units anyway....

mendes911:


This is how you guys chased Pa Ihedi away. Leave us and our English oooo.

RealityShot:
Conoil is Conoil.

AFS.. I don't know about.

Am talking about proprietary industry news. UPSTREAM

Asmaraabc:
https://trwstockbrokers./2018/05/20/ngse-clears-ikeja-hotel-to-resume-trading/

Please, share your opinion on the latest news.

onegentleguy:
In the past few weeks, there had been a few calls on the coy UBA from some members here. (my humble self inclusive)
...and so I decided to do a comprehensive analysis on why the stock is a BUY.
This, with respect to its YE 2017 and Q1 2018 results.

A few breakdown;

▪ Strong earnings drive: The bank raked up a 43% and a near 50% in top and bottom line respectively as the drive for earnings and profit diversification particularly from its African subsidiaries begins to yield the much needed fruit.
▪ Stong and robust cost management efficiency: The bank seems to be ahead of the curve with the recent implementation of IFRS 9 by the CBN given that even after a near 12.9% increase in OPEX which had a strain on profit margin, a drop in loan loss charge by over 53% after a loan book clean up, and the compelling of the bank by the CBN to restate their opening equity balance downwards following the adoption of IFRS 9 from Jan 1st 2018, they still managed a solid near 20% position in net profit margin. (...well above the 15% internationally accepted standard).
▪ Gross earnings rose by an approx 18% QoQ 2017/2018, while after tax growth witnessed a near 6.3% improvement.
▪ The bank has consistently maintained a well above average growth in shareholders fund within the last 3 yrs, with an inequality pattern of Y>29.5%<35%. ...where Y is the yield on shareholders fund. In line with this, the fund grew from 448 billion to approx 529.5 billion YoY in 2017.
▪ Along this path, the bank has also seen a 3 yr consecutive growth in EPS from N1.45 to N2.30. ...book value also growing by whooping approx 92% from N8.05 to N15.48.
▪ As at Q1, the bank is trading at a 0.69k EPS, a slightly above 4.03 price earning and an above average ROAE.
▪ Within the last 3 quarters, the bank has seen a far more greater interest in net inflow of funds with practically zero outflow. ...a few core investors have actually been increasing their stake in the coy.
Looking at the current shareholding structure, the Bank of America merril lynch, STH Ltd and the Bank of New York Mellon, are currently 3 of the biggest FPIs. With the latter 3rd and another core investor, Consolidated trust funds Ltd increasing their stake to 4.4% and 4.7% in that order. The biggest stakeholders are currently with Stanbic IBTC nominees Nig Ltd and the UBA staff inv trust which holds an 11% and 7.6% stake respectively. There are presently a total of 10 core investors and FPIs with different stakes in the bank.

With a current price earnings ratio of 4.03x, a price to book ratio of 0.71x and book value of approx N15.80, UBA is presently trailing a near 35% margin of safety. (...precisely 34.4% MoS from its intrinsic value).
...this gives a Fair Price of N18.10 based on Q1. ...and which presents a juicy 59% discount from Friday's close of N11.35.
UBA is therefore a BUY from my end.

NOTE: This analysis is purely result driven and not any sort of outright recommendation. ...DD still advised as always pls.
My Verdict: Follow ur instinct.

Regards.

Coolcash1:
The owner, Jegede is running the company to the benefit of his own pocket at the expense of shareholders funds...However, can anything good come out of Jerusalem, sorry I mean Jegede....sorry I mean Japaul considering your investment period ie 10-15years, honestly I can't say

onegentleguy:
In the past few weeks, there had been a few calls on the coy UBA from some members here. (my humble self inclusive)
...and so I decided to do a comprehensive analysis on why the stock is a BUY.
This, with respect to its YE 2017 and Q1 2018 results.

A few breakdown;

▪ Strong earnings drive: The bank raked up a 43% and a near 50% in top and bottom line respectively as the drive for earnings and profit diversification particularly from its African subsidiaries begins to yield the much needed fruit.
▪ Stong and robust cost management efficiency: The bank seems to be ahead of the curve with the recent implementation of IFRS 9 by the CBN given that even after a near 12.9% increase in OPEX which had a strain on profit margin, a drop in loan loss charge by over 53% after a loan book clean up, and the compelling of the bank by the CBN to restate their opening equity balance downwards following the adoption of IFRS 9 from Jan 1st 2018, they still managed a solid near 20% position in net profit margin. (...well above the 15% internationally accepted standard).
▪ Gross earnings rose by an approx 18% QoQ 2017/2018, while after tax growth witnessed a near 6.3% improvement.
▪ The bank has consistently maintained a well above average growth in shareholders fund within the last 3 yrs, with an inequality pattern of Y>29.5%<35%. ...where Y is the yield on shareholders fund. In line with this, the fund grew from 448 billion to approx 529.5 billion YoY in 2017.
▪ Along this path, the bank has also seen a 3 yr consecutive growth in EPS from N1.45 to N2.30. ...book value also growing by whooping approx 92% from N8.05 to N15.48.
▪ As at Q1, the bank is trading at a 0.69k EPS, a slightly above 4.03 price earning and an above average ROAE.
▪ Within the last 3 quarters, the bank has seen a far more greater interest in net inflow of funds with practically zero outflow. ...a few core investors have actually been increasing their stake in the coy.
Looking at the current shareholding structure, the Bank of America merril lynch, STH Ltd and the Bank of New York Mellon, are currently 3 of the biggest FPIs. With the latter 3rd and another core investor, Consolidated trust funds Ltd increasing their stake to 4.4% and 4.7% in that order. The biggest stakeholders are currently with Stanbic IBTC nominees Nig Ltd and the UBA staff inv trust which holds an 11% and 7.6% stake respectively. There are presently a total of 10 core investors and FPIs with different stakes in the bank.

With a current price earnings ratio of 4.03x, a price to book ratio of 0.71x and book value of approx N15.80, UBA is presently trailing a near 35% margin of safety. (...precisely 34.4% MoS from its intrinsic value).
...this gives a Fair Price of N18.10 based on Q1. ...and which presents a juicy 59% discount from Friday's close of N11.35.
UBA is therefore a BUY from my end.

NOTE: This analysis is purely result driven and not any sort of outright recommendation. ...DD still advised as always pls.
My Verdict: Follow ur instinct.

Regards.

Mcy56:


I mean....I mean.......transmission transmission ...... I mean... wtf!

He could have simply informed them that he's not fluent with reading and another officer would have been assigned to read it on his behalf. These people should stop disgracing us up and down o, the country have enough problems to deal with abeg.

aremso:




nice analysis but there are also other thing u need to consider and that is the share outstanding which is around 36bln this can weigh down the price gtb 29plus, fbn 35plus, zenith 31plus access 28plus ibtc 10plus I mean their share outstanding and this also reflect in their prices. As the prices of those with larger share outstanding appreciates, trader dumps for profit. so in your analysis, always consider the share outstanding too. my 2kobo

Godisfaithful:



Aboki is the major problem of Nigeria. They are really backward except some few people among them...the president is not exempted

Godisfaithful:



Aboki is the major problem of Nigeria. They are really backward except some few people among them...the president is not exempted