onegentleguy:




Pls eat your meal in peace and leave Mr. Osita alone. I've always known that that dude is strangely unique, but only to himself!

Maybe he was just coming off one of his many dreadfully quixotic practice (like this one; https://www.nairaland.com/4267627/how-eat-ass
https://www.nairaland.com/4300752/guys-masturbate-pictures-people-know), otherwise am not sure what should warrant the follow-up response to my post.

The fact that he even described the content of the 1st link above as; "a useful information intended to serve the purpose of humanity" made me revisit the dictionary to see if there's another meaning to being psychosomatically unstable.

When you understand that life is not too long to accommodate inconsequential matters, you pay no heed to them.
I only had to smile at his post.

@ ositadima1, I have nothing to say to you my dear and am also not upset with you.

Do try and take care of yourself.

emmanuelewumi:




I will share my analysis tomorrow morning by God's grace

onegentleguy:




Pls eat your meal in peace and leave Mr. Osita alone. I've always known that that dude is strangely unique, but only to himself!

Maybe he was just coming off one of his many dreadfully quixotic practice (like this one; https://www.nairaland.com/4267627/how-eat-ass
https://www.nairaland.com/4300752/guys-masturbate-pictures-people-know), otherwise am not sure what should warrant .

sky2891:
What's the expectation from oando court case coming up on Monday?

nosa2:


Yes oh........... I'm back in the Nigerian market. Make we come rofo rofo the place

emmanuelewumi:




I will share my analysis tomorrow morning by God's grace

Walinco:
Good morning sirs .
Please I need help in understanding the stock market. I want to start investing but I don't understand why the market has been closed since I installed the bamboo app.

stronglink:
Market opens from 10am-2:30pm on Mondays to Fridays excluding public holidays..... the market is supposed to be closed according to the time displayed in the screenshot.

emmanuelewumi:
1. Summmary and review of 2023 Financial performance of Presco

Revenue N102 billion
Gross profit N65 billion
EBITDA N63.2 billion
EBIT N59 billion
Net operating profit after tax N42 billion
Profit after tax N37 billion

Total asset N170 billion
Cash N10 billion

Capital employed N134 billion
Invested capital N123 billion
Equity N57 billion

Return on Capital Employed 44%
Return on Invested Capital 34%
Return on Equity 57%
Gross Profit/Total Asset 38%

Net Operating cash flow N32.6 billion
Free Cash flow N20 billion

Cash Flow Return on Investment 24%
Cash Return on Invested Capital 16.5%
EBIT margin 58%
FCF Margin 20%
Net margin 32%.


2. Proposed acquisition in Ghana
Presco is planning to buy a similar company in Ghana for a total sum of $125 million. The acquisition will increase the production capacity of Presco by 20%.
With this we can assume that the business in Ghana is about 20% of the size of Presco when looking at it based on production ability.

If the business in Ghana is valued at $125 million it is logical to value Presco at ($125 million multiplied by 5) That will give us $625 million or N875 billion or N875 per share. Using N1400 per $1.

The business in Ghana made an Operating Profit of GHC 188 million. Using GHC 15 conversion to $1, that will give an operating profit of $12.5 million.

For Presco to value the business in Ghana at $125 million, they probably used a multiple of 10 of the Operating profit.

Presco made an Operating profit of N59 billion or $39 million in 2023. If we use the same multiple of 10 for the operating profit of Presco that will give us a valuation of $390 million or N546 billion using N1400 to $1.


3. The analysis is lagging because I used 2023 figures, the performance for the current year ie 2024 is expected to be good based on Q1 2024 result that was released 2 months ago
The growth observed from Q1 2023 and Q1 2024


Total asset increased from N170 billion to N204 billion

Equity increased from N57 billion to N81 billion

Current asset increased from N68 billion to N94 billion

Retained earnings increased from N74 billion to N98 billion

Revenue increased from N28 billion to N42 billion

Operating profit increased from N15 billion to N32 billion

Working capital increased from N33 billion to N46 billion

KayOn1:



Just wondering if people like @Emmanuelewumi, BullBearMkt, Nosa2, KOD, & ... decide to monetize their expertise, ...

Well, who no know person dey call am my friend.

Agbalowomeri:


They will not sell😂
People patronise fraudsters

KayOn1:



Just wondering if people like @Emmanuelewumi, BullBearMkt, Nosa2, KOD, & ... decide to monetize their expertise, ...

Well, who no know person dey call am my friend.

**
“If you see someone without a smile today, give ‘em yours,” D. Parton

nosa2:


When it comes to financial markets there are no experts, people claim to be experts but how many of them consistently beat the market long term. Most people over publicize their gains and stay mum on the losses.

With regards to me selling financial advise...... my brother country hard but I find that networking with people is far more profitable than collecting money to tell someone what pretty much amounts to an educated guess.

KayOn1:


Well, ....
The best advice I can give those starting out, seek knowledge and avoid handouts.

https://www.drewinvestments.com/reading-list

Agbalowomeri:


Typical NOSA😂

Agbalowomeri:


They will not sell😂
People patronise fraudsters

nosa2:


My brother na lie?!! everybody dey chop woto woto for this market?

cocolacec:
News

eziokwunwoko:
What is FVE of Unilever. Mr Onegentleguy

KayOn1:


The timing of this your return to Nigerian market is suspect though. For you to return by this time T, ...

I no talk pass so. Welcome back make we "rofo rofo" am together because it is about to ...

megawealth01:
Dangote Refinery's Electricity Surpasses Nigeria’s Eleven Years Capacity

https://www.legit.ng/business-economy/energy/1598311-dangote-refinery-surpases-nigerias-electricity-capacity-eleven-years/

sky2891:
What's the expectation from oando court case coming up on Monday?

mikeapollo:


For Oando's court case, be hopeful for good news but plan and prepare for the worst case scenario!
That is how to survive in this business!

onegentleguy:


Honestly, we are not lacking in that department.
...we already have quite a handful and still getting more because we do a nice job at managing people's capital and also helping others make money and grow their portfolio.

Spotting early opportunities and delivering value has been our middle name.
I give God all the glory though. ...for without him, I am absolutely nothing!

Stop hating dude! Life needs you to exhibit oneness so you can focus on growth.
...it's also good for your mental health.

Do take care

megawealth01:
I heard banks have started advising their staff to take up their shares...

Seems like students, workers, market women and men etc will soon be persuaded to do same... Maybe very soon we will have shares marketers in the streets of Nigeria