Toluway:

Please what are your criteria for ranking Omatek as SELL?
NOTE that Omatek is still perfectly in a BUY zone.
Even buying it today, for price appreciation is a perfect decision.
Daily, Weekly and Monthly Charts are Bullish.

Remember I included a disclaimer there that says it's not a financial advice.

Locotrader:
Back to back.
Super broker
More wins

Yet, it a big issue or challenge to retrieve shares of a deceased person.

I will likely exit my position tomorrow if I can get 250-260 (+50+%) and come back for it later.

veecovee:
EVERYWHERE YOU GO

BullBearMkt:
2024 IS A BAD YEAR FOR MULTIVERSE, BUT THIS IS ABOUT TO CHANGE!
Price has declined into the Premium line @4.60. Below this are price bargain. Looking forward to 3.20 - 4.60 range

PLAN YOUR TRADES AND TRADE YOUR PLANS

...less than 3 weeks after this post, MULTIVERSE has done more than 100%!
#sticktoyourstrategy

Meanwhile, Multiverse, after doing several days of full bids back to back and doing more than 100% within just one month, opportunity comes today for people to rush out/sell, yet none of that is happening. Why is that?

BullBearMkt:

...less than 3 weeks after this post, MULTIVERSE has done more than 100%!
#sticktoyourstrategy

I was waiting before 4.60 and missed this

Sunrisepebble:
I wonder if they'll pay a dividend this year because of the acquisition. I see them making very big money in their Q4 results

They will pay dividend ooooo, they have not missed dividend payment in the last 20 years

Should maket a Net Operating Profit after tax of about N100 billion for 2034.

35 billion should be finance cost, N30 billion for dividend and and NN35 billion for reinvestment

BullBearMkt:

...less than 3 weeks after this post, MULTIVERSE has done more than 100%!
#sticktoyourstrategy

I never see any general bull, yet some say the bull is getting tired. Please what is TA showing

Meerahbel:
Remember I included a disclaimer there that says it's not a financial advice.

That is not the issue.
You highlighted buy, hold and sell.
If you didn't want members to learn from your post, or contribute, you wouldn't have posted it.
The purpose of the thread is to interactively improve on our stock picks.
Kindly forgive me for sparking your attention.

motymop:
i am suprised that no one is talking about presco plc stock price.

presco plc, Nigeria’s biggest palm oil maker, is set to raise N100 billion in Series 1 of its N150 billion bond programme. This would mark the largest corporate bond issuance in the industry

Do you want to be accused of Monkey hunting.


Nothing to discuss again.

Although Meristem research said the company has a net profit margin of 40% and a return on equity of 85% for 2024.

After digging further the return on invested capital for 2024 will be around 70%

Please how do we get access to this report. The last report im seeing on their website is from October last year

emmanuelewumi:



Do you want to be accused of Monkey hunting.


Nothing to discuss again.

Although Meristem research said the company has a net profit margin of 40% and a return on equity of 85% for 2024.

After digging further the return on invested capital for 2024 will be around 70%

Sunrisepebble:
Please how do we get access to this report. The last report im seeing on their website is from October last year

It is from Meristem from time to time or once in a while they send weekly stock report and recommendation

Sunrisepebble:
Please how do we get access to this report. The last report im seeing on their website is from October last year

They send weekly report to me

Sunrisepebble:
I will likely exit my position tomorrow if I can get 250-260 (+50+%) and come back for it later.

Why sell now that FG just confirmed their tarrif increment

I may wait till it crosses 12months high price of above 300

vacanci:
Pls what exactly is the total outstanding shares of C&I leasing.
Some online reports is saying 2.9B, some 1.76B.
Their last Q3 report EPS was based on 1.76B.

Anyone with updated report about this?

Fidelity Bank and First Bank of Nigeria (FBN) have the majority stakes in listed and unlisted equities at fair value in C&I Leasing Plc, a leasing and business services conglomerate in Nigeria.

Fidelity Bank and First Bank of Nigeria hold 46 percent and 27.6 percent respectively in equities at fair value while Access Bank Plc has 16.5 percent. Also, Dimunition holds 9.6 percent stake.

A company’s equity means how many of its component assets are owned by the company, rather than leveraged with debts such as business loans, vehicle financing, mortgages, among others. It is the total value of a company’s assets, minus the sum of its liabilities.

Further analysis reveals that out of C&I Leasing Plc listed and unlisted equities – at fair value which stood at N59.8 million – Fidelity Bank equities are worth N27.7 million, First Bank of Nigeria(N16.5 million), Access Bank Plc (N9.88 million), Diminution (N5.73 million).

After-tax profit grew to N1.59 billion in the nine months of 2024 from N414.1 million in the same period of 2023 while C&I Leasing Plc’s gross earnings increased to N28.9 billion from N16.3 billion.
https://businessday.ng/companies/article/fidelity-fbn-own-most-equity-stakes-in-ci-leasing-plc/

emmanuelewumi:


They send weekly report to me

👍

Check out the net profit margin and return on equity of the banks

Courtesy of Meristem Research.


Always better to double check by crunching the numbers yourself

I bought the rumor and I’m now selling the news. That’s the first half of the trade.
The second half of the trade is the actual implementation of the tariff and how it affects their results positively which is still quarters down the line.
I’m locking in my profits now and hoping to see it at cheaper later.
The strategy could be wrong, let’s see

veecovee:


Why sell now that FG just confirmed their tarrif increment

I may wait till it crosses 12months high price of above 300

Increase my afolabi Presco today. I have to eat before making calls.

I said it and it's evident...

Health3:

I never see any general bull, yet some say the bull is getting tired. Please what is TA showing

I like your strategy.
A classic tradivestor

Sunrisepebble:
I bought the rumor and I’m now selling the news. That’s the first half of the trade.
The second half of the trade is the actual implementation of the tariff and how it affects their results positively which is still quarters down the line.
I’m locking in my profits now and hoping to see it at cheaper later.
The strategy could be wrong, let’s see

The battle continues...

https://businessday.ng/companies/article/outraged-first-bank-shareholders-seek-to-stop-strange-n350bn-private-placement/

KarlTom:
The battle continues...

https://businessday.ng/companies/article/outraged-first-bank-shareholders-seek-to-stop-strange-n350bn-private-placement/

Na wao, truly the battle for power continues

Offers are out for MTNN

A voice has been telling me to jump from one of my current stocks to a particular fast moving stock. But I recognise that voice as that of my village people. I remain where I am.

Sunrisepebble:
Offers are out for MTNN

Look in the mirror. Na you cause am na

What are the other banks doing wrong to be achieving 30% margin while GTCO is doing double that?

emmanuelewumi:
Check out the net profit margin and return on equity of the banks

Courtesy of Meristem Research.


Always better to double check by crunching the numbers yourself

vacanci:
Pls what exactly is the total outstanding shares of C&I leasing.
Some online reports is saying 2.9B, some 1.76B.
Their last Q3 report EPS was based on 1.76B.

Anyone with updated report about this?

Shares outstanding: 1.29bn. The company went through restructuring in early 2024 and now yielding fantastic results

Health3:

Look in the mirror. Na you cause am na

I have been reluctant in making comments here because I just came back to stocks investment after a LOOONG run-away exit, prompted by the 2008 financial crisis.
Dangote did not start today. I don't who else was a victim, but when Dangote was to buy over NASCON in those days, he played a fast one on us; he offered some units of his holding to floor investors. Riding on the wave and euphoria created by the BCC takeover magic, his media team hyped the NASCON news to high heavens, and there was serious scrambling and lobbying by investors. I think only few people were 'lucky' to scale through. It was sold to us at N17 or so, can't remember properly now. I was so happy that my bid went through. I thought what I missed out in BCC magic, I would recoup in NASCOM. But before I knew what was happening, they had massively crashed the price. The man eventually bought it back from us at N5 or so.

Shalom428:

It's really sad how Nigerians overlook daylight fraud in NSE. Our leaders know exactly who we are , that is why they use impunity to rubbish us as much as they do

Dangote proposed a merger ( Nascon , DangSugar and DangRice ) . Prospective investors keyed into it , especially looking at the price its closest contemporary ( BUAFOODS ) was and still trading .

DangRice is nonexistent, zero revenue, yet he used to sell and pump the price of the distressed DangSugar. He used it to pump the price of distressed DangSugar, he already knew Financial cost will battered DangSugar. If this is not a daylight robbery, I don't know which one will be

He knew NSE investors are docile, they will not do shit. Can he pull this type of fraud in an economy with active investors, Hell No!

I no longer play in NSE , I have over 3 Million unit in DangSugar and Nascon ( combined ) and I have chosen to ignore them for the next 5 - 10 years

2025 , NSE investors should hold companies accountable, go to AGM , ask pertinent questions and challenge whenever it is needed. I'm getting old now , more risk averse. I'm now very much active in the money market ( Tbills, Bonds , Commercial papers and so on )

Best of luck , guys

quote author=Shalom428 post=133640156]

It's really sad how Nigerians overlook daylight fraud in NSE. Our leaders know exactly who we are , that is why they use impunity to rubbish us as much as they do

Dangote proposed a merger ( Nascon , DangSugar and DangRice ) . Prospective investors keyed into it , especially looking at the price its closest contemporary ( BUAFOODS ) was and still trading .

DangRice is nonexistent, zero revenue, yet he used to sell and pump the price of the distressed DangSugar. He used it to pump the price of distressed DangSugar, he already knew Financial cost will battered DangSugar. If this is not a daylight robbery, I don't know which one will be

He knew NSE investors are docile, they will not do shit. Can he pull this type of fraud in an economy with active investors, Hell No!

Boss, is this access or ibtc?

currentprice:
from the angle of TA. banking index looking good to breakout.. I see banking stock likely do very well this quarter.

any idle cash can benefit from this... just look for any of the banking stock that underperforming relative to its peers.

anyway if what I saw on TA is correct, BULL may likely shows in the market as i dont expecting bank to move solo

this post is purely based on TA, may be my eyes is yet to get clear from the hangover stuff. pls consult BullBearMkt for clarification

Forgive my ignorance but what did Dangote gain from pumping the price up? I did not see any corporate disclosure relating to his sale of shares? So what did he really gain from the failure of the Dangote foods merger

Shalom428:
It's really sad how Nigerians overlook daylight fraud in NSE. Our leaders know exactly who we are , that is why they use impunity to rubbish us as much as they do

Dangote proposed a merger ( Nascon , DangSugar and DangRice ) . Prospective investors keyed into it , especially looking at the price its closest contemporary ( BUAFOODS ) was and still trading .

DangRice is nonexistent, zero revenue, yet he used to sell and pump the price of the distressed DangSugar. He used it to pump the price of distressed DangSugar, he already knew Financial cost will battered DangSugar. If this is not a daylight robbery, I don't know which one will be

He knew NSE investors are docile, they will not do shit. Can he pull this type of fraud in an economy with active investors, Hell No!

I no longer play in NSE , I have over 3 Million unit in DangSugar and Nascon ( combined ) and I have chosen to ignore them for the next 5 - 10 years

2025 , NSE investors should hold companies accountable, go to AGM , ask pertinent questions and challenge whenever it is needed. I'm getting old now , more risk averse. I'm now very much active in the money market ( Tbills, Bonds , Commercial papers and so on )

Best of luck , guys