RabbiDoracle:


People say events abroad should not affect Nigeria. I just dey laughing ( in Jenifer's voice).

Let MSCI continue buying. Stocks are cheaper na. Are they not the same oyibo that their markets are rattled by volatility.

They are cheaper, Yes. But are they available at the cheap price, No.

The charts are already signalling a bearish reversal. New records will be set.

This company is a walking corpse

Definitely not a going concern

Results so far

http://www.nse.com.ng/Financial_NewsDocs/20642_VITAFOAM_NIG_PLC._FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20691_ACADEMY_PRESS_PLC._FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20716_NEIMETH_INTERNATIONAL_PHARMACEUTICALS_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20726_NEIMETH_INTERNATIONAL_PHARMACEUTICALS_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20733_CHELLARAMS_PLC._FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20744_RED_STAR_EXPRESS_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20749_TRIPPLE_GEE_AND_COMPANY_PLC._FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20750_INTERLINKED_TECHNOLOGIES_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20754_HONEYWELL_FLOUR_MILL_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20764_GUINNESS_NIG_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20763_FLOUR_MILLS_NIG._PLC._FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20767_N_NIG._FLOUR_MILLS_PLC._FINANCIAL_STATEMENTS_JANUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20773_7-UP_BOTTLING_COMP._PLC._FINANCIAL_STATEMENTS_JANUARY_2018.pdf

yok:
WHAT STOCK CAN I BUY IF I AM SO MUCH AFRAID OF THE MARKET- STOCK PHOBIA

Some people are still so much afraid of the market and considering the recent rise in prices, do not wish to come to the market at all.

How I wish for those people I can guaranty that I will bear their loss, but they will take the profit. Alas, this is not possible even if you have paid me for the recommendation. What I have done is to pick the brain of another set of experts that are very good at fundamental analysis, I have always ignore their recommendation as sometimes it is too late to pick stock for somebody like me who want to see immediate gain. However, when they are right, the gain is always substantial.

For this I will recommend Flour Mills Plc and some other companies in this sector. The only factor that can undo this sector is a rise in exchange rate, but the exchange rate is stable for now.

To further support this attached is the price chart for wheat, it has been going down down.

If after this someone is still afraid to invest in a company/sector like this!!! I have nothing to say again. Note that there are still companies in sectors like this and I will be releasing them from time to time.

This is expo of the highest order.

For our MSCI followings, there seems to be some issue with the site only the Friday position is still displayed (I hope my browsing adblocker is not the problem).

If you need further clarification on my posting, just e-mail via the forum.

Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently.

I think somebody there have noticed that we are following their investment moves and has decided to halt it.

RabbiDoracle:


At $80, then all road leads to FBN.

Exactly. Aiteo, Atlantic Energy GOING

BBFE:


Oga, this your timelines won't work.

The market will be on fire by first week of February because the early birds - FO, UCAP and AFRIPRUD, would have released their results. These companies are all going to surpass expectation. I kid you not, they will make investors wow.

Now, the present bull is propelled by funds from foreign, PFAs and the expectation of good results. Once these 3 companies results are out, it will signal what others are likely to report. That is when they'll all start scrambling to buy and take prices to new territories.

My own strategy is to buy on dips with available cash and exit in April or May depending on the temperature of the market.

You are correct. show below is a portfolio adjustment of MSCI Nigeria ETF fund. Then imported more cash to load more equities. We ain't seen nothing Yet.

Notice to all NSE Dealing Members

Implementation of the new Par Value and Pricing Methodology Rules: Hands-on Training for Broker-Dealers Pursuant to implementation of approved amendments to the Pricing Methodology and Par Value Rules, as contained in Rules 15.29 and 15.30 respectively of the Rulebook of The Exchange, 2015 (Dealing Members Rules), (The Rules, effective January 29, 2018)

Authorised Dealing Clerks are hereby invited to participate in Hands-on Training sessions scheduled to hold as follows;

Date: Monday, 15 January 2018 to Saturday, 20 January 2018.
Venue: Stock Exchange House The Nigerian Stock Exchange (NSE Training Room, 18th Floor) 2/4 Customs Street Lagos.
Time: Morning Sessions: 1: 9am to 10:30am 2: 11am to 12:30pm Afternoon Sessions: 1: 2:30pm to 4:00pm 2: 4:00pm to 5:00pm

Broker-Dealers are required (from today) to send attendance notifications to NSE Contact Centre via contactcentre@nse.com.ng, indicating the Day (Monday to Saturday) and Session (in the Morning or Afternoon) of their choice. Allocation of sessions will be on first come first served basis. Participants in excess of maximum class capacity will be reallocated to subsequent sessions, with appropriate notifications ahead of respective sessions.

.

Two consecutive Gap ups already. I know the guys here have already sharpened their cutlasses to spill blood a little. Today is going to be bullish. but not to worry, its just the start of a very good year. pullbacks are normal in NSE but Trade your Plan and Plan your Trade

PharmAlfred: 11:39am On Dec 29, 2017
Dangote Flour, Nascon, Set To Join NSE-30 Index


The Nigerian Stock Exchange (NSE) at the weekend announced the result of its sectoral index review which showed that Dangote Flour, Nascon Allied Industries, Cadbury Nigeria and Sterling Bank are to gain entry into the NSE 30 Index which holds NSE’s 30 most capitalised stocks.

The review of the market includes the NSE-30, and the six sectoral indices of the Exchange, including NSE Consumer Goods, NSE Banking, NSE Insurance, NSE Industrial, NSE Oil and Gas and the NSE Lotus Islamic Indices.

These indices are normally reviewed bi-annually in June and December except for NSE Pension index that is reviewed once annuallyin December.

According to the Exchange, the review will witness the entry of some major companies and exit of others.

The NSE 2017 Year End Index Review shows that the NSE-30 index will likely exit Seven Up Bottling Company, Oando, UACN, Julius Berger and Forte Oil.

The NSE Insurance Index welcomed Equity Assurance, Mutual Benefit Assurance Plc and Sovereign Trust Insurance and Consolidated Hallmark Insurance, while Regency Alliance Insurance, Staco Insurance, Universal Insurance and Standard Alliance Insurance gave way by exiting the index.

The NSE Industrial index parted ways with Portland Paints and Products Nigeria and DN Meyer with the entry of Grief Nigeria and Austin Laz.

Meanwhile, stocks coming in under the NSE Consumer Goods are NNFM, DN Tyre and Rubber and Nigeria Enamelware, while companies existing the index are Seven Up Bottling, Vitafoam Nigeria, and Champion Breweries

NSE Banking Indices have Skye Bank and Unity Bank coming in, while exiting from the index are Wema Bank and Sterling Bank. Also entering NSE Oil and Gas index are Japaul Oil and Eterna, while Oando and MRS Nigeria will leave the index

Under Pension Index, that is entities in which Pension Funds can be invested, incoming companies are Honeywell Flourmill, International Breweries, Continental Reinsurance and CCNN, while incoming companies under NSE Lotus Islamic Index are Lafarge Africa and Nahco.

The Exchange explained that “the NSE-30 and NSE Industrial Indices are modified market capitalisation index with the numbers of included stocks fixed at 30 and 10 respectively.

“The stocks are selected based on their market capitalisation from the most liquid sectors, while the liquidity is based on the number of times the stock is traded during the preceding two quarters.

“To be included, the stock must have traded for at least 70 percent of the number of times the market opened for business.

“Exchange is aware that the number of the stocks included in some of the indices may not be practically suitable for optimal portfolio diversification; however, the numbers would be reviewed as sector conditions change.”

The Nigerian bourse began publishing the NSE 30 Index in February 2009 with index values available from January 1, 2007.

On July 1, 2008, the NSE developed four sectoral indices and one index in 2013, with a base value of 1,000 points, designed to provide investable benchmarks to capture the performance of specific sectors. The sectoral indices comprise the top fifteen most capitalised and liquid companies in the Insurance and Consumer Goods sectors, top ten most capitalised and liquid companies in the Banking and Industrial Goods sector and the top seven most capitalised and liquid companies in the Oil & Gas sector.

With a 43.02 per cent return year-to-date, the equity market has shown signs of great positive performance so far in 2017.

The post Dangote Flour, Nascon, Set To Join NSE-30 Index appeared first on leadership.ng.



The train is about to move.

Manonamission:
^^
Are Unity, Skye, Dunlop, Equity Assurance, NNFM about to move too? That news doesn't influence market sentiments in my opinion.

It does affect the market price of the company's share if the company is a value company and enjoys positive market sentiments. Watch how this week will turnout for Dangote Flour share price.

The first thing is that this report will broadcast the upcoming value of Dangote flour to external investors a.k.a MIBs. and once they notice your value, your price skyrockets (StanbicIbtc an example)

Wont be surprised if those foreign private funds start mopping up from tomorrow (yok please keep us updated with your report)

2018 loading.....

THE YEAR OF THE GREAT BULL

Now my verdict.

If you have Dangote flour in your portfolio, treasure it for the next 6months to 1year. When the price is compared to flour mill's price of 33+, thats a great discount for a stock that should be selling above Flour mill's price as of today.

My humble prediction is that while, they might declare a little dividend, say 50k or 40k, the possibility of a bonus share is very high and the only thing holding it is that move.

Dangote flour mill is Gold and That's It.

In the 6months period from March 2017 to September 2017, the financials state that Flour Mills made a total unaudited profit of N9,377,837,000 with an Eps (earnings per share) of 317kobo. While i wont want to dwell of their finance cost and others factors which if not checked will push them to unprofitability very soon, i think Dangote flour is a clear winner here because in the same period, it achieved a combined profit less the asset sale of N3,168,371,000+N3,517,261,000 = N6,685,632,000 with an EPS of N1.37k when you divide the profit by the oustanding shares of 5billion.

this simply shows that dangote flour is taking over the market from flour mills and will dominate this sphere next year.

the latest financials of Flourmills Nigeria Plc is shown below

now, there is another angle to it which is the main reason why any loose share of dangote flour mill should be mopped up as soon as it appears on the exchange, at least for the next 6months. Lets compare Dangote Flour Mill to Flour Mills of Nigeria Plc

Now, this company declared a dividend of 10k from a profit of N677m+ for the last time in 2011 and after that, the loss started flowing till when it recovered in 2016.

with the number of tired shareholders and Alhaji Dangote's investment which needs to bring something after 6yrs of famine, are you saying the company will not pay something after making N3billion+

Meaning the company declared the following profits PAT for the Quarters already gone

Q1 - N2,623,416,000

Q2 - N3,168,371,000

Q3 - N13,052,852,000-N2,623,416,000-3,168,317,000-N3,743,858,000 = N3,517,261,000 Notice the increasing Profit Trend

It is therefore only rational that the company will declare a quarterly profit of more than N3Billion in the final quarter of 2017

If you add it to the current accumulated profit of N307,038,000, thats already close to N3.5Billion minimum accumulated Profit as at 2017 ending.

kindly note that we are working with the group's figure here and not the company alone.

Now, the company sold off its noodles arm to Dufil prima for N3,743,858,000

and in all, it declared a profit of N13,052,852,000 PAT as shown in the pic below

now lets start the class.

As of today, the total accumulated profit of Dangote flourmills Plc (inclusive of the asset sale ) is N307,038,000.

From the 2nd shot, the company made N2,623,416,000 in the first 3months of this year.

From the 3rd shot, the company made N5,791,787,000 in the first 6 months of this year.

Meaning the company made 5,791,787,000 - 2,623,416,000 = N3,168,371,000 in the 2nd 3months of this year.

Sorry guys. Network palaver

Here is the final shot

screeenshot 3

screenshot 2

bigjay01:


retained earnings must be in +ve territory before we talk about dividends. Still under lock and key though.

Saw ur post and felt i should do a little analysis for you. i will start by posting some screenshots before doing the main calculations.

here we go

By Modupe Gbadeyanka

Nigeria’s leading indigenous energy group, Oando Plc, has moved its head office from its present location to another area.

The embattled oil firm, in a statement to the Nigerian Stock Exchange (NSE) today, disclosed that it was moving to another office complex within Lagos metropolis.

According to the statement jointly signed its Head of Corporate Communications, Alero Balogun and the Chief Compliance Officer/Company Secretary, Ayotola Jagun, the new office is at 9th–12th Floor,

The Wings Office Complex, 17a Ozumba Mbadiwe, Victoria Island, Lagos.

This movement, according to Oando, is effective from Monday, December 4, 2017.

Oando’s head office is presently at 2, Ajose Adeogun Street, Victoria Island, Lagos.

However, the statement said, “The company’s telephone numbers and email address remains unchanged.”

https://www.businesspost.ng/2017/11/30/oando-relocates-head-office-new-location/

Osahon7:
I have applied for payooner card several times but have not received any!! Please if you have a virgin payooner card with completed verification kindly inbox me.. I need to withdraw my money from Fiveer

I have one and also in benin. Pm me

ihedioramma:
Some one who is active in pets what will he or she teach you about NSE ?

You will be surprised. Gracias

locodemy:


pls stop it.

Ok sir.

I pity those with FBNH in their portfolio. You better sell off if what is coming is true.

rubyradiance:



I would be delighted and honoured,pls how can I reach you outside this medium?

Pm me then we talk thru email.

Mr man, you expect somebody that can afford Lexus 470 in the Nigerian recession not to be arrogant

rubyradiance:
It's may already and I haven't been able to get a job so I'm ready to work for free and I hope I will be hired, a have a bsc and can do administrative, managerial,supervising and a little bit of accounting job,I'm computer literate and also good with social media.I also have a certificate on product marketing from a business school in Benin.

Good day lady. I own a website with domain and subscription fully paid for till march 2018. I designed it myself and it has some posts on it but i am now very busy with work and other money making ventures.

Would you mind managing it for me?