This week on Value Nigeria Podcast, we read an email sent in by a listener and discuss strategies for investing through market downturns...

Considering events of the last few days, this discussion is very timely!

Thanks for listening...

https://anchor.fm/value-nigeria/episodes/38--Investing-through-market-downturns-e1au925

This week on Value Nigeria, we take a journey through the accounting nuances of bonus shares and explore if they really benefit shareholders or not.

Thank you for listening.

https://anchor.fm/value-nigeria/episodes/37--Are-Bonus-shares-beneficial-to-shareholders-in-reality-e1ak5fa

On my podcast called Value Nigeria, I had a chat with Dr Tayo Oyedeji, founder and CEO of Overwood Nigeria, an investment firm helping people achieve their aims of financial independence.

He retired at age 40 and he shared how he achieved this. It may be difficult but it is very possible...

Enjoy our chat...

There are also countless other episodes about investing so feel free to explore the podcast on any podcast platform of your choice....

https://anchor.fm/value-nigeria/episodes/35--Low-risk-approach-to-building-wealth-A-chat-with-Dr-Tayo-Oyedeji-e19s5ms

In this episode, we discuss what Real Estate Investment Trusts (REITs) are, the various options available and the best strategies to use when investing in REITs.

Thanks for listening...

https://anchor.fm/value-nigeria/episodes/36--Investing-in-Real-Estate-Investment-Trusts-REITs-e1a923g

currentprice:


I think If you are looking for PURE cashflows from operations the stressful one is the deal

Net cash generated from operation includes other items like ""interest paid , interest receive, tax paid, provisions payment, employment benefit, change in derivatives, share of profit from associate and so on""

I kuku understand oh oga mi...
But I am doing the analysis for personal use and nothing more...
1 shortcut will not derail the thesis too much...
Indulge my laziness...

currentprice:


PAT + Depreciation/Amortisation +/- working capital changes

then deduct Capital expenditure from the the number to arrive at ur FCF

Reference Dr. abraham from SMN

_{^{you can as well read everything about the FCF on the internet, there are many ways to arrive at the number and go for the one that fit ur other metrics}}

A less stressful, easier but imperfect way that I do it is to just deduct CapEx from the "Net cash generated from operations" in the cash flow statement as amortisation, depreciation and changes in working capital have all been added back or accounted for in this figure...

Willie2015:

Pls see attached..
in the below link for their earning release for Q3 2021....
Saves ones the hassles of calculation...

https://doclib.ngxgroup.com/Financial_NewsDocs/34417_MTN_NIGERIA_COMMUNICATIONS_PLC%20MTN_NIGERIA_EARNINGS_RE.pdf

Thanks for pointing me to this publication from MTN in which the FCF you stated was quoted from...

There are diverse ways of calculating FCF... Some are more representative of reality than others... MTN has told us which formula they used to calculate the stated FCF (EBITDA - CapEx)... I will not comment on if this formula is factual or not but realise that they will choose whichever formula best suits their narrative...

I recommend we all read about FCF and how to calculate it rather than taking numbers hook line and sinker...

Willie2015:


MTN Free Cash Flow is in the region of N373.4 billion.....
as at Q3...
23 percent increase on YOY basis.....
Sincerely, there are few coys that can match that FCF on the NSE....
Its a healthy stock to have in ones portfolio...

Bros...
How did you calculate this your own MTN Q3 2021 free cash flow? Because I cannot see what you are seeing...

Maybe we are looking at different financial statements sha...

In personal finance and wealth building, there are few people who do not just talk the talk but walk the walk as well. My guest this week on Value Nigeria is one of these few people.

Enjoy my chat with Dr Tayo Oyedeji, CEO of Overwood Nigeria as we talk about having a saving culture, wealth building and everything in-between.

https://anchor.fm/value-nigeria/episodes/35--Low-risk-approach-to-building-wealth-A-chat-with-Dr-Tayo-Oyedeji-e19s5ms

In this episode of Value Nigeria Podcast, I have a chat with a friend and astute individual investor, Keji Alabi, about all things investing...

Believe me, you do not want to miss this discussion!

https://anchor.fm/value-nigeria/episodes/34--All-things-investing-A-chat-with-Keji-Alabi-e19hi21

This week on Value Nigeria Podcast, we conclude our take on the Buy Checklist of Philip Fisher from his seminal book, common stocks and uncommon profits.

Thanks for listening...

https://anchor.fm/value-nigeria/episodes/33--What-to-Buy-A-checklist-from-Philip-Fisher-Part-2-e196srq

This week on Value Nigeria Podcast, we look at the Investing checklist of Philip Fisher from his book, "Common Stocks and Uncommon profits"...

Thanks for listening...

https://anchor.fm/value-nigeria/episodes/32--What-to-Buy-A-checklist-from-Philip-Fisher-Part-1-e18sgsb

This week, we review some common psychological traps that can reduce your portfolio returns if you fail to mitigate them.

Thanks for listening.

https://anchor.fm/value-nigeria/episodes/31--Psychological-pitfalls-to-avoid-in-investing-e18hv20

SweetVibe:
I have a question for those of you who check financial report and quaterly results of companies before making stock decisons
"What if those financial reports were all cooked up or manipulated by the campany"?
yMcy56
locodemy
megawealth01
OBAGADAFFI

In an ideal world, this will not happen. The companys accounting department should check and double check. The CFO (Chief financial officer) will also check and recheck. The auditors will also check and double check. The CEO and CFO usually sign every financial statement putting their reputation and office on the line for every financial statement they release and there are penalties for offenders...

Since its not an ideal world, things happen. So the responsibility is on you to critically look at the report, compare with the past and other competitors to assess its believability.

Unfortunately accounting rules itself has loopholes that financial engineers can exploit to perform miracles... The key is to ensure proper risk management (avoid companies with a history of mago-mago or with low believability-index) and have faith in the system...

Join us this week on Value Nigeria Podcast as we put Fidelity Bank and its numbers under the value investing microscope...

We look at trends over the past 7 years in gross income, PAT, Net Margins, ROA and ROE...

Thanks for listening...

https://anchor.fm/value-nigeria/episodes/30--Fidelity-Bank-Analysis-Part-2-e187cu1

In the market, you can either learn before trying to earn or you can try to earn before learning...

2 different approaches...
2 different outcomes...

Choose wisely...

#ValueNigeria

This week on Value Nigeria Podcast, we undertake an overview of how to analyse the financial statement of banks and the key numbers to look out for.

Thanks for listening...

https://anchor.fm/value-nigeria/episodes/29--Fidelity-Bank-Analysis-Part-1-Understanding-the-financial-statement-of-a-bank-e17tm7b

What single skill can an investor acquire that can significantly boost your returns?

On this episode of Value Nigeria, we explore the discipline to say No.

Send your feedback/ entries for company analysis to valuenigeriawithajibola@yahoo.com

https://anchor.fm/value-nigeria/episodes/28--The-discipline-to-say-NO-e17hrbf

Checklists are a set of well spelt out steps that promote the safe completion of complex tasks.

How can checklists help you improve your investing process? This and much more is answered in this weeks episode of Value Nigeria Podcast.

https://anchor.fm/ajibola-oladele-awolowo/episodes/Investing-Checklists-e178nlm

eziokwunwoko:

It is not annualised.
Please check your calculations and confirm

You are correct...
I was wrong...
I used the wrong figures...
Forgive my error...

locodemy:


Eps from 39 to 67 kobo.
Some banks are very cheap o.
I guess this Fidelity is cheaper than Access bank.

Annualised earnings...

KenBen217:
Ive been following these stock thread for a while,I just need a few assistance on navigating this market,I decided to venture into the stock market and I bought some stocks,sundial towers stock,anyways I decided to check my portfolio and discovered that the stock has depreciated over the last days. I carried out some research on the company,it is a premium cannabis manufacturing company. However I need to know from experienced investors,what do you look out for when investing in stocks because I know this is not guess work nor is it entirely luck. How do you source information? What statistics do you look out for and where? Thanks in advance

I think you have asked a very very salient question here... The truth is that the same principles govern the investing universe despite varying geographies... There may be a few peculiarities but its generally the same.

I'll recommend you read books on fundamental analysis and seek to join groups where like minded investors who are better than you are on. This would help you improve.

In the interim, if you listen to the podcast below, it answers all your questions but not in too much detail. I'll see it as an induction into the world of stock picking. You can get further books and build on the foundation you get there.

All the best...

https://anchor.fm/ajibola-oladele-awolowo

How many stocks or assets should I own?
10, 30, 50 or 100?

This week on Value Nigeria with Ajibola, we discuss Diversification vs Concentration.

Thanks for sharing & listening.

https://anchor.fm/ajibola-oladele-awolowo/episodes/26--Diversification-vs-Concentration-e16t8go

What is risk? How can I manage the risk I am exposed to as a value investor?

You'll find answers to these questions and more on this weeks episode of Value Nigeria with Ajibola...

Thanks for listening...

https://anchor.fm/ajibola-oladele-awolowo/episodes/25--Risk-Management-Strategies-e16jgqc

I stumbled unto this thread and its good to see like minded people particularly with value investing at heart...

Many regards...

If you try to board every bus you see, you'll never arrive at a meaningful destination...

Decide where you want to go and wait for the appropriate bus...

#Selah...

On this new episode of Value Nigeria with Ajibola, we discuss some common but wrong reasons to sell your stocks...

Listen, learn (hopefully) and give some feedback...

Thanks...

https://anchor.fm/ajibola-oladele-awolowo/episodes/Common-but-wrong-reasons-for-selling-your-stocks-e168i6o

This week on Value Nigeria with Ajibola, we answer a question sent in by a listener - How and when should I sell my stocks?

The question is answered with a focus on Value investing...

Thanks for listening...

https://anchor.fm/ajibola-oladele-awolowo/episodes/Questions-From-Listeners-Series-How-and-when-should-I-sell-my-stocks-e15u8sa

Which are you doing? Investing or speculating?
Listen to the podcast this week to find out...
Thanks for listening...

#iComeInPeace...

https://anchor.fm/ajibola-oladele-awolowo/episodes/Investing-Vs-Speculating-e15jmma

This week, in response to a question from a listener, we broadly discuss the dynamics of penny stock investing...

Thanks for listening!

https://anchor.fm/ajibola-oladele-awolowo/episodes/Questions-From-Listeners-Series-Investing-in-Penny-Stocks-e159cn2

maishai:
CAVEAT: I entered at #4 and Im willing to loose all my investment in OAndo

Then it's not an investment...
Its a bet...

I come in peace!

Wapgod:
Is it possible to buy ETF on the NGX market?
If so, how do i go about it?

It is very possible...
They are listed on the stock exchange just like every other company...
Just speak with your broker...

This is a link to the listed ETFs on the NXG
https://ngxgroup.com/exchange/trade/exchange-traded-funds/listed-etp/