Raider76:


Maybe they are tired of people accusing them of having an agenda. I read of some people claiming to having had calls from the bank urging them to take their RI.

SonofElElyonRet:


Or you want to sell small for pocket money

Raider76:


Time to exit oo. Unless you are in it for the div and bonus.

SonofElElyonRet:
https://www.thisdaylive.com/index.php/2024/07/13/access-bank-targets-top-20-position-in-uk-1bn-profit-by-2027/

KarlTom:
JAIZ DIV 5 has landed

SonofElElyonRet:


You miss beta tin

4willer:
It looks this might be the highest it will go, demand is weakening. After the meeting expect a sell spree.

SonofElElyonRet:
Omatek AGM 27TH JULY

SonofElElyonRet:


We dey there

Princkez:
UCAP on full bid@#33

Agbalowomeri:


No mind OGG. I go still snatch his babe one day

onegentleguy:


Looks like you have a FITMD.
Just continue with the life dear. In the end, it's how we make our bed...
...ride on!

It is well

Agbalowomeri:


Oga soldier you no go rest? You don ever see me mention STERLING before? Which Kain olodo you be bayi😂

Between, the chart was put up for learning purpose. E be like say you dey compete for attention. I don tell you say I no dey look for customers. Na only babes I dey look for

Utalinmou:
Please what is ICHIMOKU

onegentleguy:


This is a descending triangle pattern, typically PA activity showing that sellers are willing to take up profits with each price rise (hence LHs), but refusing/reluctant to bargain below a certain price peg (hence, the horizontal KSL).

Because of LHs there often a higher prob (1/3/66.7%) for price to break out in the direction of that horizontal KSL unlike the ascending triangle pattern (the reverse shape) where TD tends to favour an upward breakout than a breakdown.

The KEY is look at the anatomy of the asset and analyze PV action using a collection of several TA matching variables that gives you a better directional bias and valid forecast.
As I always say; TA requires you to WORK AROUND the chart and not work with it.
...it needs you to be proficient before you can be efficient.

Btw, it's funny that you now suddenly like STERLING BANK @ N4.
I recall you acted cold to the idea of aligning with the very same coy when I recommended it here @ N1.4

Anyway, am glad that my prime subscribers and those who subscribed to my outline recommendations and investment guide--Series 1 would've locked a lot of ROI from STERLING after it rallied to N8 delivering over 485% return.

I like it when some of you argue/debate with my permutations.
But then again, I LOVE Mr. TIME!

It is well

yMcy56:

We are waiting on Mr. Time, I hope it works in minority's interests, more of favour actually.
One thing people were again overlooking is the fact that OANDO is no longer in downstream like it was before, but now in upstream.
* Enough of this OANDO for now again, before we open another chapter on old discussions. Make we dey follow wetin dey for ground for now.....

ndept:
The possibility of Oando selling 5 times its current market price (CMP) in the next one year is 75%. An upstream oil company selling for less than N20 to me is a steal and I am seated permanently in it waiting for the next one year. The fact that Wale was perceived as a cowboy doesn't mean that he can never change his way to return Oando back to those good old days when Oando was paying dividend of N3, infact he will be super proud to do that. Wale has over 4.7 billion units of Oando amounting to N75b at CMP. If Oando should appreciate 5 times in price, that means Wale's worth in Oando alone will amount to N376bn. Don't you think Wale will prefer to be as rich in Oando just like Ovia is rich in Zenith?

Agbalowomeri:
Classic flag consolidation seen in STERLING

From TA knowledge, this stock will soon shoot out of the flag and not likely returning for sometime to come.

I saw this in MANSARD earlier in the year, I think.

Many interesting patterns seen in books. If to say I get energy now, I for dey use am make money Lol.

yMcy56:

Bargain hunter that doesn't take note of his own calls....

yMcy56:

True
The type of traffic it will generate ehhnnn....
First 2 weeks Peter and his people go dey queue dem no go get....

Raider76:


If Oando will come out today and officially announce it is no longer considering delisting, I believe it can go up 10x in two years or shorter.

yMcy56:

More of positive news, improvement performances q-on-q, dividends, international interests as well.

I'm seriously looking for another stock that can perform this type of stunts in a period of short time as well.......

Maybe Oando can do this we don't know yet.....but still watching.....🙊

yMcy56:

You that already ported to Crypto that time....
Everything discussed on GEREGU was done here nah.......right from day one it was listed @N100....on 5th Oct 2022

yMcy56:

* If you want to top up and you have enough patience, do it.
* The only period loss was recorded, according to findings/news was 2023 fye when it was listed.
* Q1 2024 they were back in profit
* Hopefully Q2 will be good too
* As for liquidity, as soon as bonus issue is added and listed, I believed it will boost the liquidity because additional 1bn shares has been created
* VFDGROUP was listed at around 244 or so, and has been trading below the listed price shortly after since then, even at ex-bonus
* The Company is into many services including power, hospitality, Fintech, financial services, asset management, etc.
* They have an MM arm, which makes me Believe they know the rule of the game and can actually play it when they're ready or the time is right.
* Its currently selling @40.20/40.70 intraday, I think it cheap, trading at 52wks low......and if it goes lower from there, it can only present good bargain.
** This is just my opinion, only Mr. Time will throw more light on it if it's right or not.

ositadima1:
FA for totalenergies, hit or miss?

Let's analyze the financial data for TotalEnergies Downstream Nigeria from 2021 to 2023.

Key Financial Ratios Analysis

Liquidity Ratios:
1. Current Ratio:
- 2021: 1.00
- 2022: 1.03
- 2023: 1.03
- Analysis: The current ratio remains stable and slightly above 1, indicating that the company has just enough current assets to cover its current liabilities.

2. Quick Ratio:
- 2021: 0.82
- 2022: 0.79
- 2023: 0.79
- Analysis: The quick ratio is below 1, showing potential liquidity issues as the company may not be able to meet its short-term liabilities without selling inventory.

3. Cash Ratio:
- 2021: 0.39
- 2022: 0.33
- 2023: 0.29
- Analysis: The declining cash ratio indicates reduced cash reserves, making it difficult for the company to cover its short-term obligations with cash alone.

Profitability Ratios:
1. Gross Profit Margin:
- 2021: 16.1%
- 2022: 12.5%
- 2023: 12.9%
- Analysis: There is a decline in gross profit margin from 2021 to 2022, with a slight recovery in 2023, suggesting increased cost of goods sold or pricing pressures.

2. Net Profit Margin:
- 2021: 4.9%
- 2022: 3.3%
- 2023: 2.0%
- Analysis: The net profit margin is decreasing, indicating declining profitability possibly due to increased operating expenses or reduced revenues.

3. Return on Assets (ROA):
- 2021: 8.1%
- 2022: 5.2%
- 2023: 3.4%
- Analysis: A decreasing ROA shows declining efficiency in using assets to generate earnings.

4. Return on Equity (ROE):
- 2021: 40.5%
- 2022: 32.1%
- 2023: 23.0%
- Analysis: ROE is significantly decreasing, indicating reduced profitability and potentially increased financial leverage.

Efficiency Ratios:
1. Asset Turnover Ratio:
- 2021: 1.64
- 2022: 1.57
- 2023: 1.69
- Analysis: A slight increase in 2023 indicates improved efficiency in using assets to generate sales.

2. Inventory Turnover Ratio:
- 2021: 11.26
- 2022: 9.54
- 2023: 8.32
- Analysis: The inventory turnover is declining, suggesting slower movement of inventory and potential overstocking issues.

3. Receivables Turnover Ratio:
- 2021: 6.49
- 2022: 5.50
- 2023: 4.82
- Analysis: A declining receivables turnover ratio indicates slower collection of receivables, impacting cash flow.

Leverage Ratios:
1. Debt Ratio:
- 2021: 0.80
- 2022: 0.84
- 2023: 0.85
- Analysis: The increasing debt ratio shows growing reliance on debt to finance assets, which could be risky.

2. Debt-to-Equity Ratio:
- 2021: 4.02
- 2022: 5.12
- 2023: 5.69
- Analysis: The debt-to-equity ratio is increasing, indicating higher financial leverage and potential solvency issues.

3. Interest Coverage Ratio:
- 2021: 15.03
- 2022: 5.55
- 2023: 2.72
- Analysis: A sharp decline in interest coverage ratio suggests decreasing ability to meet interest obligations from earnings, increasing financial risk.

Market Value Ratios:
1. Earnings Per Share (EPS):
- 2021: 49.66
- 2022: 47.47
- 2023: 38.03
- Analysis: The decreasing EPS reflects declining profitability and potentially reduced shareholder value.

Free Cash Flow to Equity (FCFE) Analysis:
1. FCFE (in '000 NGN):
- 2021: -10,554,927
- 2022: 43,197,064
- 2023: -51,769,578
- Analysis: FCFE is highly volatile with significant negative values in 2021 and 2023, and a large positive value in 2022. This indicates fluctuating free cash flow available to equity holders, affected by changes in net borrowing and working capital.


Here are the considerations for a buy, sell, or hold decision:

Buy:
- Positive Aspects: The company showed some resilience in gross profit margins in 2023 and a slight improvement in asset turnover. The company had a significant positive FCFE in 2022, indicating potential for high returns during certain periods.
- Potential Catalysts: If the company can improve its efficiency and manage its debt levels better, it could become a more attractive investment.

Sell:
- Negative Aspects: Declining profitability metrics such as net profit margin, ROA, and ROE over the years. Increasing debt levels and decreasing interest coverage ratios indicate higher financial risk. Volatility in FCFE and negative cash flows in 2021 and 2023 highlight cash management issues.
- Risks: The high debt-to-equity ratio and lower liquidity ratios suggest financial instability, making it a risky investment.

Hold:
- Neutral Aspects: Stable current ratio and slight recovery in gross profit margins in 2023. If you already hold the stock, you might want to wait and see if there are any strategic changes or improvements in the company’s financial health.

Conclusion:
Given the mixed results, the high debt levels, and declining profitability, selling might be the most prudent action if you are risk-averse. But, if you believe in the company’s long-term strategy and potential for improvement, you might consider holding.

DD.

Agbalowomeri:


Is there no super-conservastive?

BullBearMkt:
SHOULD OANDO PULLBACK
In case there is a pullback on OANDO, 3 possible scenario to BUY the stock (IF INTERESTED)
1. Highly Aggressive: 14.95 - 15.60
2. Aggressive Area: 12.50 - 13.85
3. Conservative: 8.75 - 9.75

PLAN YOUR TRADES AND TRADE YOUR PLANS

dapix:
https://doclib.ngxgroup.com/Financial_NewsDocs/41679_GEREGU_POWER_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf