emmanuelewumi:



Just removed the tax paid from the Operating Profit, you will get the Net Operating After Tax

Bro, please what to ask a question.
When there is a negative share holders equity, that is liabilities more than assets, does it mean share holders equity is wiped out? that investors don't have any money left in the company? and we will need to buy new shares to raise capital for the company?

emmanuelewumi:



Just removed the tax paid from the Operating Profit, you will get the Net Operating After Tax

Thanks.

I got it

emmanuelewumi:



It is not .


Net Operating Profit After Tax, is the profit after tax plus the finance cost

Okay.

From Dancement Q2 report, PAT is 77,230 million plus finance cost of 209,297 millions right?

emmanuelewumi:
Total debt is equivalent to about 76% of Dangote cement equity.

Net Operating Profit After Tax can liquidate the debt in less than 2 years, assuming the company won't pay dividends for those years

Hello bro.
If i get you right, net operating profit after tax is still same thing as Profit after tax/Net profit? right?

pansophist:
Money can't buy love, the same way ''abeg'' can't buy an aircraft.

But you can exchange money for the fruits of love, such as being with your choice of a woman, activating polygamy, improving your offspring's genes, and playing to female biological needs for security, which many will choose before love.

Because if she has to think of being with a man she has feelings for but will live poorly, or a wealthy man and they live like royalty, the choice is obvious for most.

Do not compensate yourself that money won't get you love. Money can brush you up, give you confidence, improve your wardrobe, and looks, and bring respect. Money will mint out the submission in a woman.

Your ability to attract a woman is higher from a place of abundance than a place of lack.

Most importantly, understand love as a duty. I don't care if a woman goes to national TV and declares that she loves me, all I want to see is that she is giving me the fruits of love. Feelings and declarations of love are meaningless.

So loyalty, respect, submission, preferably a virgin, being truthful, listening to me, not combative, argumentative, being my ally, no manipulation, etc. That love. Any woman that gives you that loves you.

And you are more likely to get the above if you have money. All the polygamous men in the past and present, do you think they care if their woman loves them? They don't. They just want the fruits of love.

Ned doesn't care if his wives love him, he cares they give him virginity and the fruit of love as described above. That's what you need from a woman, not her feelings or declaration of love that fluctuates like the weather.

Some woman who loved me a few years ago hates me now because I was uninterested. Is that the kind of love you want to take seriously?

Even women do not trust their love, that's why they choose wealth before the man they have feelings for. Your wealth is permanent, her feelings are conditional on that wealth. So why do you need her feelings?

This is why i prefer men focus more on money than any yeye Love that is unstable

Streetinvestor2:
Are you are sure on this as per eps.Thanks alot. I didn't want to believe organic eps of #7plus and the stock is not yet on #20plus when the like of ucap was on #2o plus.And custodian is more than an insurance company

We are still saying the same thing bro that the eps is not organic because of the added #5.5b unrealised fx gain to the PAT of #11b.

By the time you remove that 5.5b from the PAT and divided by Outshares to get eps, organic eps is about #4 annualized.
So the custodian shares is overpriced at this CP

aj8:


So?
So why did the Managing Director Mr. Wole Oshin purchase over 19 million units on 7th June 2024 at an average price of N10.56? I don't think it's for 15 kobo dividends alone? It must get why! At best replicate this or better still buy below this price. That is if it eventually falls below this before it starts heading north. I would jump in at any price around 10.50 or lower, topping up should it dip further. Target still 22.00. Likely to do well.

Still do your DD.

I did my DD on custodian but noticed the eps is not organic rather propped up by unrealised forex gain.
If you deduct the unrealised fx from the PAT and divide by Outstanding shares, the eps x4 x 4 qill be around the current price of 11 - 12 which means it is at it's overbought region.
Using your valuation, i will call custodian a pass for me.

WriteerNg:
⚡On July 13, the Ukrainian government released designs of its proposed new military cemeteries.

There will be one in each major regional city.

Each cemetery will have space for 100 thousand graves and 60,000 cremation urns.

Zelensky is a disaster
Jesus!!!!!!!!!!!!!!!!!!!!!!!

Mankind2024:
The Dangote Refinery debacle was an attempt to blackmail the government. To set the record straight, the Buhari government sold untapped crude resources in advance, while the current government borrowed $3 billion from Afrex Bank using differential price variations. Dangote entered the blockchain, demanding the activation of the Petroleum Industry Act (PIA), despite his deep knowledge that Nigeria cannot account for its daily crude production, the same way a woman cannot give an accurate amount of daily breast milk she produces while breastfeeding.
What most readers are unaware of is that the National assembly, the maritime security and downstream oil industry in Nigeria are dominated exclusively by powerful Hausa-Fulani oligarchs, who control the Nigerian Ports Authority (NPA), Forcados and Escravos terminals, and the Nigerian Navy. This same group passed the Petroleum Industry Bill (PIB) before Buhari's exit. The law cannot be applied retroactively.
The bold moves of PBAT to stepped on this cabals is the result of current socioeconomic and political crises that is engulfing Nigeria.
International Oil Companies (IOCs) are exiting Nigerian oil fields en masse and there was no new investments in the oil and gas industry during Buhari's eight-year tenure, despite selling untapped crude in advance, The proceeds were allegedly used to defend the Naira and pay fuel subsidies, creating a macro-voodoo economy.
For instance, Nigeria doesn't produce enough electricity, yet there's a binding contract to supply electricity to neighboring countries whose territory crosses the River Niger. This contract cannot be broken by passing a new law demanding the generated electricity for Nigeria's exclusive use.

Denying people or institutions who paid for Nigerian crude oil in advance would worsen the situation. It's like a landlord collecting a year's rent in advance, then asking the tenant to quit because his son is returning home. This is the real national dilemma.

Regarding oil thefts in the Niger Delta, 85% are perpetrated by European countries in collaboration with Hausa-Fulani and some indigenous people. Bunkering is a lucrative, multi-million-dollar illegal business. The vessels used for this act are known to bypass the sea radar system to evade detection.
Reports show that every successful oil theft in Nigeria involves:
1. Hausa-Fulani (75%)
2. Military and Police (10%)
3. Indigenous Niger Delta people (10%)
4. Others (5%)
.

There is an agreement between Nigeria and about 4 other west African countries for Nigeria to make the kanji dam and supply the others electricity else, these Africa countries will dredge their own dam for electricity thereby reducing the river/water current getting to kanji to roll the turbines.
Nigeria is the last country to the ocean, so it was agreed for her to make the dam rather than a country upland.

sterlingD:


He has done the above view below except l am missing something

The current price is close to 52 weeks high / all time high

Ska333ko:
🌍 AFU used drones against the Mali army

📝 “Today we received evidence that the Ukrainians are using drones and kamikaze drones here on Malian soil. They were used by special Ukrainian forces here, against the Malian government,” says the TV channel’s video report about fragments of drones shot down in the skies of Mali, published on the X social network page.

They are taking their proxy war to Africa.

aj8:


It does not. Will only drive the price up faster and higher after the bonus news is leaked or released e.g Ucap . Calculations are based on current eps or estimated dividend payment. The post referenced was actually before CBN and Recapitalization. Insiders buying into a stock currently well above valuation especially if the CEO or CFO must get why. E.g. UCAP bonus recently. 👀NAHCO 👀AfrPrud

Hello bro.
Please can you use your valuation for Custodian Investment? The HY EPS is 377k / #3.77 and CP is #11.7.
Using your valuation, the FVE is #22-#25 but her current CP is close to her 52 weeks high already.

Hogwarthtrades:
Hi @Emmaodet I'm not sure what part of Ogun state you have your farm. Incase you have a real estate agent that has listings for sale (for security reasons can't disclose size an acquaintance is interested in getting. SHe is interested in installmental purchase starting Q2 next year) around Imeko afon LGA kindly send the information.Thanks

Hello bro, my farm is farm from imeko afon and i don't know any agent or anyone selling farm lands in that area.
Moreover, that area is filled with fulani herdsmen issues, so why imeko?
My farm is at Obafemi Owode area.

aj8:
The FBHN trajectory makes common sense only through a bonus issuance. May be a dividend of N1.50 and a 1:4 bonus in which case a price target of N30.00-N32.00 would make sense.

Please this is not an investment advice. Hopefully an intelligent guess.

Hello bro, please how does a bonus issuance affects stock price in relation to your strategy

Streetinvestor2:
From the result I have checked as per Hi result. I like what I saw in c and I,Veritas insurance. I am waiting for corners stone result but the dividend of last Yr is a good sign.Ikaja hotel result is equally good if you can get it lower though it does not fall into penny stock for me.
My definition of penny stocks is anything below #5 now.Anything below #2 is good buy for cham too.This are the ones I checked and 1 am okey with result because earnings came from thr original business not forex gain or one time profit from something .

Exactly, i have bought c and I and veritaskapital.
I like both financial report and i see them growing into the future at this trend.

House34:


Demonstrating strong home ties includes property ownership, such as owning a house or land, which can be shown through title deeds and landed property documents, indicating financial investment in your home country. Family ties, supported by birth and marriage certificates, as well as family photos, highlight personal obligations that require your return.

Employment stability is crucial, with documents like employment letters and pay stubs showing you have a job to return to. If you own a business, registration certificates, financial statements, and tax clearance documents demonstrate significant commitments. Financial assets, including bank statements and investment portfolios, suggest economic stability.

Community involvement, such as participation in local or religious organizations, can be supported by membership certificates and letters from community leaders. Educational commitments, like ongoing studies, can be shown through enrollment letters. Legal obligations, including contracts, further illustrate your need to return.

These factors collectively establish a strong case for your intention to return to your home country after your visit but please focus more on the EE and the requirement as it has a long term benefit compare to tourist and with EE you can option for 100% gift deed and no need to proof any home ties.

Please what is EE?

WriteerNg:
⚡The US Secretary of State informed the Iraqi Prime Minister of the US refusal to withdraw from his country.

Can you imagine? US telling a country they won't leave.
Hmmmmmmmmmmmmmmm

WrriterNg:
⚡BlackRock has asked that Ukrainian soldiers not be buried on the land it owns in Ukraine.

Representatives from BlackRock recently visited Kiev and requested that soldiers no longer be buried in the ground.

They have already bought 47% of Ukraine's land.

BlackRock has asked that this land not be used for burials and that the bodies be cremated or disposed of in other ways.

Chaii.......Zelensky has sold 47% of Ukraine land.
Zelensky is a disaster

Hello gurus in the house, please kindly go through my stock excel for c and i leasing, it looks good at an entry price close to #3 with the reported EPS compared to CP.
If she sustains are good EPS for the FY, i predict her price getting to #6 within a year from now.

I just want to know if my FCF and CFO for Q1-2024 is correct.

Kingsnairaland:


Let me give you small tip lol

On April 19, 1972, both the USS Higbee, a Gearing class destroyer and the the cruiser USS Oklahoma City came under attack by
two North Viet Namese Mig-17s.

While almost three years Ukraine can't even use f16 to attack one ship or any target lol

Okay, no problem just that am not happy with the way china/russia are isolating iran instead of serious support

LordAdam16:


Much of the blame rests with Iran.
NK has a nuclear weapon.
China did everything to ensure they got one.
They also kept appearances by levying sanctions.
Now that NK have nukes, Russia and China are increasingly ignoring the sanctions

Iran has continually refused to get nukes.
Iran has continually refused to reform its conventional military.
Both China and Russia will be very pleased to supply Iran with any thing they require on decade-long loans but they're prioritizing local development of weapons.
They are running an unviable doctrine of developing everything of note in-house.
Since they had success with drones and ballistic missiles and have the most STEM graduates in the region, they believe they can crack everything. But that is wishful thinking.

China as advanced as they are do not have an homegrown alternative to the Russian S-500, American Aegis SM-3, and the Isreali Arrow 3.
India is relying on Russia for most of their air defense needs and developing homegrown systems side by side.
Iran is dithering and attempting to develop an entire multi-layer air defense system from scratch.
Russia deployed S-400 to Syria since as early as 2016. Turkey in NATO bought one. Iran has decided to buy none, only recently are they considering it. Since 2016, Russia has sent them 32 S-300 batteries, so if they put an order for the S-400, they'll be moved to the front of the queue.

How many S-400 + S-300 + Pantsir batteries can Russia deploy to Iran at a moment's notice with Russian operators to provide full coverage?

I detest the Mullahs for a reason.
When you look deep into how they run Iran, it leaves much to be desired.
China sent contractors to Gaza to help them build tunnels.
If any of them have died in this War, since Hamas forced some to stay for continued support, you would not hear about it.
They've literally gotten their hands dirty for the Resistance.
I'm not sure how much blame we can ascribe to Russia and China.

-Lord

I understand your points bro but as far as am concerned, having nukes won't stop attacks because the use of nukes should be the last option and not the first so I don't see any reason why we are using that s an excuse.
Isreal has nukes yet being attacked by Hezbollah daily, by Hamas and houtis, even Iran attacked.
Why didn't isreal use the nukes right away? Because nukes are always the last option and not the first.
There are missiles and bombs that will still do good jobs in the absence of nukes.
Even Russia is being attacked from Ukraine despite having nukes.
Aside nukes, what about drones technologies, fighter jets? Air defence systems etc
Military technology goes beyond just missiles.
If they can't produce it, then they should buy and swallow their pride.
Iran needs help, a big one at that.
Iran is about to attack isreal and we can see the huge backups from US and allies for isreal, who is Iran counting on to look her back? No one.
Russia and China will start forming busy.
It's really annoying

Kingsnairaland:
Weapons Russia give will not be used untill pentagon crosses red line to use USA missiles in Moscow

Has US not crossed enough russia's red lines? US is givning billions in weapons and aids to your enemy, using their weapons to strike your fuel depots and power stations are that is not a red line? F-16/22 is already in ukraine and that is not a red line? is it until they strike moscow before it becomes a red line?
Can russia even try that with US by blowing up southern US cities without immediate and swift response? or the US will wait until the missiles gets to washington or new york before they act? Abeg, make russia keep quiet.

Procashtips:


Some stuffs need to happen in these 2 countries very soon.

I so much hate backstabbers.

It is because US and allies are good in doing their own home work while others sleep.
There are pro-palestinian and pro-iran saudis and Emiratis but US has done a good job of silencing them and keeping them far away from political power either by assassinating them, send them on exile/on the run or hands soaked with scandals to tarnish their public images.
This way, they install puppets that will be loyal to them in power just like what they have done installing puppets in africa.
If russia and china know their onions, they don't need to start cracking their brains on how to site a military base close to US, Nooooo the best option is to turn their neighbors on them.
That is how you fight modern wars. Keep your army boots off enemy's soil, rather exhaust her and keep her busy with her neighbor... exactly what they are doing to russia.
For years, Ukraine had been a good neighbor to russia but as we all know, the world is not short of idiots that will go against the tide.
US duty is to keep recruiting more idiots to fight their own battles and the list is endless.
Mexico is a good start for russia/china because she has a long borderline with US. If it will take a $1t to finance and support such change of government in mexico that is anti-US, it is far cheaper for them than what they are doing currently.
Afterall, US spent billions in ukraine too to install anti-russian president that is fighting them now and they are not hiding it and it is in the newspaper

jjj37:
In this game which the US has a hand in everything, it is clearly the master and leader, all others are just there to suck its tit.. imagine reading here russia succumbing to pressure from where and who? It's high time we stopped hyping this russia, to tell the truth, these guys are naive and are not intelligent, this is not being rational or playing chess, it's plain cowardice with inferiority posture, the houtis could've been supplied with at least functional antiship weapons but here the Russians were using the opportunity to curled favour from the west by merely announcing it.. playing hide and seek with a country who has exert severe human and capital cost on you, who will still do so in the future without blinking twice, you're there always thinking and calculating how to engage it rationally.. It's acts with it's allies throughout the world shows these guys should be termed clowns and should be the least anyone should rely upon in terms of serious commitments. The shaking/shadowing state support, No weapons, No tactical, No morale support posture to allies in times of troubles shows it's not only weak but lack the necessary instruments to measure up to the US in superiority. Let's expect nothing severe or serious from Iran in it's retaliation to isreal, it's somehow helpless and alone in the face of this present provocations., the gang up against it is very strong and it has no daring allies to help it mitigate the storm.. I'll suggest news update about this and that about Russia and Iran prowess should whine down little by little, it's fast unveiling itself as a timepiece of propaganda.

That is why of recent, i have gotten tired of coming to read news here because you can just predict the outcome.
I think we are over hyping russia and china.
US and allies are supplying Ukraine with weapons and aids killing russian armies everyday yet opportunity presents itself to payback, we started hearing stupid excuses of about how russia has a complex relationship with isreal blah blah blah like the russians at home in russia are more inferior than russian jews in isreal.
US has been training Taiwan and arming her to the teeth with permanent instructors in Taiwan and we read it regularly how US keeps saying they are putting things in place to tame china yet you see china chicken out to support her allies.
The truth is Iran needs help, big help yet her allies in russia and china are falling her hand big time.
Irran's hands are full already. She is high sanctioned and still has roughly $3b seized by US with more sanctions to follow just to crumble her if she acts anyhow to isreal.
She is not earning enough to feed her 90m citizens and finance the economy yet out of the little she is making, she has taken out enough to keep financing the resistance on many fronts with little or no support from her Middle eastern neighbors yet russia and china just look the other way and be acting like a friend to her.
Mtcheeew

yMcy56:

Suspension has been lifted on CILEASING after filing finacial reports with NGX.

https://doclib.ngxgroup.com/Financial_NewsDocs/41893_C_AND_I_LEASING_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/41868_C_AND_I_LEASING_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2024.pdf

With this report, C and I looks like a good stock to buy at the current price.

Vic2023:
🇮🇷🇮🇱⚡️- Iranian channels report the deployment of S-300 air defense systems to western Iran

If you don't have super air force with good jets, your air defense system will burn just like Ukraine.
This is nothing new

WriteerNg:
⚡Nasrallah:

To the Israelis, you will cry a lot because you don't know what red lines you crossed.

Israel must wait for our response.

Stories as usual

WriteerNg:
⚡Italian boxer Angela Carini in tears at Paris Olympics after quitting fight in seconds against her opponent who had previously been banned from competing having been deemed a ‘biological male’


“I have never been hit so hard in my life. It’s up to the IOC to judge.”

They are destroying this game and sports with this LGBT nonsense.
I don't know how a man will go and convert to a woman and the next thing is to be dragging sports with them. Something they didn't do while they were men

Vic2023:
🇪🇺🇺🇸 Senior EU and US diplomats held urgent talks in the Middle East to persuade Iran not to retaliate over Haniya's killing – Financial Times

According to the publication, the deputy head of the European Union's foreign policy service, Enrique Mora, held "vitally important" negotiations in Tehran, and White House National Security Council coordinator Brett McGurk - in Saudi Arabia.

📝 The newspaper's sources reported that the West is putting pressure on Tehran to either persuade it to refrain from responding to the murder of the head of the Hamas Politburo, or to limit itself to symbolic actions. the want to save their baby from hell🤣🤣🤣🤣🤣🤣🤣🤣🤣

I doubt Iran can handle isreal.
He who control the air controls the war and has the upper hand.
Reason why Russia has been banging Ukraine steady despite huge aids given to Ukraine.
The isrealis have superior air power than Iranians and it is obvious.
No matter how many air defence equipment you have, a superior air power nation will burn them all to ashes.
Ask Ukraine.
Virtually all air defence in Europe and US had been transferred to Ukraine and they have mostly burnt.
Iran does not have what it takes to face isreal reason why isreal keeps crossing the lines while Iran keeps making noise.
Ground combat, Iran has an edge due to numerical numbers but on air, they are very weak

Vic2023:
🇷🇺🇮🇷🇮🇱⚡- "The only way to achieve peace in the region may be through a full-scale war," – Dmitry Medvedev, Deputy Chairman of Russia's Security Council.

Exactly.
Country like isreal does not understand diplomacy rather actions.
Hopefully, Russia will support Iran codedly else Iran needs to raise an eye brow

WriteerNg:
⚡Hungary blocked a proposed unified statement from the European Union regarding Venezuelan President Nicolas Maduro's recent election victory. The statement aimed to express concerns about alleged flaws and irregularities in the voting process.

Budapest's opposition hindered the EU's stance on the elections and its call for transparency, Hungary is the President of the Council of the EU for 2024.

They may likely assassinate this guy because he I really working against the EU/Nato

Mfunkynation:

Buying ucap @40 to sell higher was a wrong move by you!
You are qualified for the bonus and 0.90k dividend.
Don't sell at Loss ooooo...
In Nigeria, don't buy a stock and go and sleep... monitor it to save your capital...
if there's funds, average down in buying more at cheap price .
Ucap situation might happen to you in Oando oooo....
Stay one place jare