mainman7:
Yes, I agree with you, his time would be great for Chelsea.
I just wonder when Nigerian leagues would be at equivalent level with these foreign ones. Obviously, not this year under Buhari and not in the next for years. He has succeeded in perpetuating the disunity in South, so he would win next year.
I SMH for Southerners; the myopic Yorubas and senseless igbos that join in trying to humiliate this wonderful Man that brought the best Nigerian brains from all over the World to make Nigeria a progressive place during his era. He's not like this current tribal-blinded fool that has forced only his incompetent clansmen as helmsmen of this great Nigeria, to the retrogression of our beloved Country. The biggest questionable money under OBJ's good years rule is just $16 billion of which NEPA has already accounted for how they spent almost 14 billion of it. Much more than that has constantly disappeared under Buhari. Few month ago again, Baru babachir swallowed our whooping $24 Billion, the Trillions recovered from Jonathan, Deziani, etc is been shared among Buhari tribal pals and his Northern greedy lots that see others as slaves yet Buhari's religious and ethnic bigots, zombies lost their sense and sight when it comes to fighting him for audaciously unrepentantly wasting their future away. "Nobody holy pass" Obasanjo was not perfect, but human life had great value during his time, and you didn't need to be from his tribe or religion before he employs your competency to make the Nation better. A lot of us sensible Nigerians look forward to have the freedom of worship, non-tribal, industrially and economically progressive era of Obasanjo back.
Let's assume we would only have 2 options for President next Year, OBJ vs Buhari, who would you rather vote as your President. Like for Obasanjo. Share for Buhari.

Chibuking81:

Looking at Diamond bank 2018 q1 result at 1 kobo behind 2017 q1 EPS.
Despite 2017 FY loss, Their 2018 q1 EPS stood at 15 kobo, if no loss occur this time, they will have the same level of earning, or better 2018 FY EPS, when compared with FCMB and Fidelity.
Also better than Oando and Transcorp.
Current price 1.48 kobo ( times two = 2.96) if it still fall a little, it will be 2 to 1 of FCMB.

Be fearful when others are greedy.
And be greedy when others are fearful
Diamond bank present better opportunity when compared it's current price with that of it's set.

elitestrategist:
Cement Company of Northern Nigeria Plc: Strategies hold long term payoffs
By Adie Vanessa Offiong | Publish Date: Jul 20 2015 7[color=#006600][/color]
Cement Company of Northern Nigeria Plc is one of Nigeria’s oldest companies, with principal activities including the production and marketing of cement under the brand name Sokoto Cement. The Company produces CEM II type cement, with a market area primarily covering six states of the North-West Zone namely: Sokoto, Kebbi, Zamfara, Katsina, Kano, and Kaduna. Founded by the Premier of the then Northern Region, Alhaji Sir Ahmadu Bello, Sardauna of Sokoto, CCNN Plc was incorporated in 1962 and commenced production in 1967 with an initial installed capacity of 100,000 tons per annum at its Kalambaina plant. Today Sokoto Cement has a rated output in the region of 750,000 tons per annum.
Between 1992 till 2000, the government (military and then civilian) divested its holdings in Sokoto Cement, from 20% in 1992 under the Babangida administration to full Privatization in 2000, under the Obasanjo government. Notably, in 2010, commodities, steel and construction conglomerate BUA International Limited acquired 50.72 percent of equity shareholding to become the majority shareholder in CCNN Plc, as well as its technical partner, thus positioning Sokoto Cement well within the sustained fulfillment of its strategic mission “to produce and market high quality cement for national development.”
Other disclosed shareholders are Nasdal Bap Nigeria Limited with 11.48 percent of equity, Polunin Capital Partners Limited (0.10%) as well as Afribank of Nigeria Plc, Union Bank of Nigeria Plc and Guaranty Trust Bank Plc.
Management
Cement Company of Northern Nigeria Plc’s board of directors as at the period under review comprises Dr. Abdulsamad Rabiu, Mr Alf Karlsen, Mr Trond Waerp, Mr Yusuf Binji, Mr Ibrahim Aminu, Mr Finn Arnoldsen, Mr Tajudeen Dantata, Ms Aishatu Gwandu, Mr Chimaobi Madukwe, Mr Kabiru Rabiu, Mr Musa Suleiman, Mr Faruk Umar, Mr Muhammad Zauro, and Mr. Ahmed Aliyu, who is Acting Company Secretary.
Financing Structure
Cement Company of Northern Nigeria Plc’s authorized share capital stood at 628,338,885million ordinary shares, with a then price per share of 11.74 kobo worth N7.4 billion in the 2014 financial year. Its Annual General Meeting is scheduled to hold 13 August 2015, therefore Sokoto Cement is announcing a dividend payout of N0.35kobo per share, a yield of 3.04%, resulting in a Return of Average Equity of 21.64%. This dividend payout is nevertheless a drop, compared to earnings per share of 70kobo in FY2013. Investment research firm Meristem Securities has disclosed that the lesser dividend may be due to the need for CCNN Plc to retain a larger part of its earnings as part of contributions to fund its proposed USD300m cement plant expansion, which will see a modernisation of its facilities and increase its output by 200% to 1.5 million metric tonnes of cement annually.
Fixed assets of Sokoto Cement rose to N8.4 billion or 17.95 percent in 2014, from N7.1 billion in the 2013 financial year. Its current assets showed a slight reduction, moving from N7.9 billion in 2013 to N7.4 billion in 2014, this presents a drop of about N500 million, or 6.9 percent.
Profitability
Cement Company of Nigeria Plc’s revenue went down by about N668 million in 2014 to N15.119 billion from N15.787 billion in 2013, representing a decrease of 1.25 per cent.
This was due to lower cement sales recorded in Q4:2014, largely as a result of the heightened crisis in the northern region, as well as lower cement demand in Nigeria during the period.
The company compensated for this tapered top line via cost cutting strategies, as Cost of Sales dropped from N10.77 billion in 2013, to N9.98 billion in 2014. This is a reduction of N790 million, or 7.2 percent.
CCNN Plc’s bottom line was also helped by the fact that its production and operating expenses also declined to N2.40 billion in 2014 from N2.77 billion in 2013, representing a drop of N370 million, or 13.56 percent.
CCNN Plc made N5.13 billion gross profit in the review period of 2014, which was some N630 million, or 13.2 percent over the N4.53 billion made as gross profit in the preceding accounting period. It also recorded a profit before tax of N2.477 billion in 2014, up 17.61% from profits of N2.106 billion in 2013.
Profit after tax stood at N1.918 billion, a 23.05 percent increase from profits before tax of N1.559 billion in the 2013 financial year. Analysts have placed a “Hold” recommendation on this stock, which means Cement Company of Northern Nigeria Plc is expected to perform with the market, or at the same pace as comparable companies in its area of business.
Liquidity
Current ratio has improved. In 2013 it was 1:0.9 meaning the current assets of Sokoto Cement could only take care of liabilities, but would have little left. However, in 2014 the current ratio is 2:0.9, which means the company will only need to utilise about half its current assets to offset its current liabilities, if the need arises. Business from its chief shareholder the BUA Group Ltd (which is building a greenfield cement plant in Okpella, Edo State that will be supplied with cement clinker from CCNN Plc), as well as CCNN Plc’s upgrade of its power plants and its ongoing cost management processes are expected to further boost bottom-line growth for the cement manufacturer. Ms Adetutu Adegbayibi, an Investment Research Analyst at Meristem Securities forecasts a FY2015 Profit After Tax of N1.94 billion, 1.93 percent higher than 2014.
Score Card
Provided the current upgrading of its facilities continue apace, Cement Company of Northern Nigeria Plc should reap significant returns, which should shore up revenue figures. This is because its net income increased; the consolidated statements show the company made 12.69% of its revenue as net income, a marked increase from 10.18% in the previous financial year of 2013, despite also spending N1.79 billion on investing activities in 2014.
Also, ahead of its August AGM, Sokoto Cement’s shareholders are expected to be receiving a dividend of N0.35 kobo per share in 2014, compared to N7.00 kobo per share in 2013, as earlier noted. This proposed dividend represents a 50 per cent increase versus the dividends paid in 2013. The dividend also represents 22.93 percent of earnings per share versus 56.42 percent in the 2013 financial year.

onegentleguy:


I truly appreciate ur input my dear.
As a matter of fact, Champion breweries use to be a part of our portfolio before now.
Things changed when certain susceptible red flags started showing themselves in their result.
Until Q3 2017 when there was a 25% growth in sales, a 57% Increment in net profit and an approx 58% and 73% boost in gross profit and operating profit, things seemed to be turning around for them. ...especially on a QoQ basis.
But fastward to just 3 months down the line and what u'll see is apparently a struggling coy.

Lets try and breakdown a few Nos:
For YE 2017;
Profits were down amid an alarming rising cost.
Red flags;
- A jump in admin expense which grew a whooping 157% gulping nearly 80% of earnings realised.
- Expectedly, profit for the said period also droped.
- Between, there was also an increment in dist expense rising by over 30% YoY.
In fact there was a decrease accross all key indicators safe for revenue which grew by 24%.

However with Q1 2018, they seem to be turning the tide one small with a 70% YoY rise in profit occasioned by an approx 9.5% reduction in CoS and 2% growth in revenue.
But then again the key red flag from their expense line which has historically eaten into earnings accruals still persist with a near 56% jump in Sales and dist expense.

My Inference: The company is struggling to drive up their earnings. ...the reason there has been inconsistencies accross key indices. It's clear that there's an issue with cost optimization and the needed drive for innovation ...they seriously need to work on these 2 areas, particularly the former. ...and without a clear positive path for those 2, earnings will likely continue to trail the current inconsistent path. (the Chairman of the coy, Dr. Elijah Akpan did infact confess to their weakness in the line of innovation in his keynote address).
But for the recent re-introduction of Champ Malta (one of the 2 of their product line), earnings would've been worse off. ...and even then, production and sales volume continues to suffer.
They seem to be overwhelmed by the competition from the key players in the brewery segment.
Their contract of supplies and packaging with NB hasn't brought in much of the anticipated return either. ...so far, impact from that line hasn't been felt a bit.
However, if the expected take over or merger with Heineken/NB pulls thru (I've also heard something in that regard), then there might be some light at the end of the tunnel. The current equity structure of Champion breweries is a plus 'to make things happen' in that regard.
...minority shareholders holds about 12.21% while the balance of 87.79% are with the core investors. Raysun Nig, a wholly owned subsidiary of Heineken international BV which owns a 57% stake might just be the required 'tool'.

Fundamentally, I have a 1.40k Fair Value for Champion brewery based on Q1. ...which presents an approx 55% premium to FV from Friday's close of 2.18k.
However I agree that there can be some future value creation if indeed a few things play out.
...It's in our radar.

Disclosure: I currently do not own an iota of share in Champion brewery.
Note also that this shouldn't be interpreted as any sort of recommendation.
My Verdict: Follow ur instinct.

francisxbee:
Firstly, he is the only one that can divide the north.
2. He'll swallow the whole of Kano.
3. Unlike Atiku, few are against him.
4. Most of West, South and East no longer wants Buhari.

The worse thing that will happen is for Atiku to be the major opponent.

RabbiDoracle:


Your own monkey hunting strategy na with power ooo

If you like package bad wine in new bottle, the difference will be in the taste.

I don't doubt that MM will help prevent a slide in price, but let them continue. We shall keep waiting.

Bad wine is a product.....you must have tasted it b4 concluding that the wine is bad or u must have heard from a source that the product is bad.
In which case a bad news is a good news for the foreign investors that wil mop up million of diamond shares in the coming days n months.
We Nigerians don't know how to evaluate bad news , we heard we act
We w neva asked what was behind the news ,we turned it into emotional speculation and discouraged others.
When access bank was trading at N4 ,STANBIC was busy mopping up for south african investors, today dy owns billions of access shares on behalf of SA investors.
The dividend repatriated by STANBIC for SA investors can neva be realised in that country.
Same tin w happen to mtn when it finally sees the light
The only way out is for government of Nigeria to enact a law that no foreign investors from d same country should hold more than 5 million units in any quoted company on d nig boss. And if the stock is available and there is no local bidders? Govt should mop up and pay for the stock in a holding portfolio and finally disposed for local when they r ready to bid
The advantage of dz of dz is that price manipulation and insider trading wil be less frequent

dipoolowoo:
Honeywell Identifies Key Areas to Boost Growth, Sustainability
https://www.businesspost.ng/2018/05/13/honeywell-identifies-key-areas-to-boost-growth-sustainability/

Diamond Bank Shares Shed 5% after Posting Dismal 2017 Results
https://www.businesspost.ng/2018/05/13/diamond-bank-shares-shed-5-after-posting-dismal-2017-results/

RabbiDoracle:


Why are you buying this stock? Can you explain so that I can see reasons to buy too?

Chibuking81:


The following company has the following PE
1. CCNN = 9.61 PE
2. GTB = 7.18 PE
3. FMN = 7.29 PE
4. UACN = 27.67 PE
5.OKOMO OIL = 8.98 PE
6. STANBIC = 9.29 PE
7. FBNH = 8.82 PE
8. OANDO = 10.06 PE

PaChukwudi44:
For the first time I will have to agree with MURIC.How on earth in the 21st century in a big city like lagos,People are stopped from exercising their fundamental right to freedom of movement because some traditionalists are performing some ceremony.Its so so shameful

locodemy:


It's safer for one to investment in a sound fundamental stock that has little upward movement than investing in a stock that has no fundamental.Such stocks uses the media to to advertise and manipulate prices and will finally dump on investors who has less info.After today,this stock will not be in my portfolio again.Nse should look for a way to sanction Jegede and his board of Directors.

I take the losses and the experience they passed to me while they take my money and go with profit.HMMMMMM.