sonofElElyon:


Since no one responded I'll take my chances and buy some

onegentleguy:


And still talking portfolio weighting, I'll also be more inclined to assign a higher weighting/position in PRESCO than OKOMU given present reality.
...again, a 65-35% or 60-40% weighting should make good sense from a value chase standpoint.

Similarly, I will gladly assign a 70-30% or 75-25% portfolio weighting swapping FBNH for UBA.
However, I will still maintain a slightly higher position in ACCESS ahead of UBA. (max 40% in the later compared to the former)

Selah

Marketapprentic:



Loco my boss is trying and he is representing Peter well well.

OBAGADAFFI:


So UCAP dividend is more than UBA.

locodemy:
Because of you and all you have said, From this moment,I will be in a guest mode for a while if not permanent exit.In[/b] as much as I remain a day/swing trader, my 10-100% is sure at Nigeria stock exchange where I trade stocks.

Capitas7:

This is an attractive price to me. In 2020 when NSE ASI dipped to 26K (almost half of what it is currently) or thereabouts, UBA traded N4-N5 maybe a little lower. To me, such a historical low (at least in a 3-4yr history) is what I would call a margin of expectation if my investment goes wrong. I personally think 50% drop in price during a strong bearish season is not too bad for a long term investor.

I was dreaming of buying while it traded around N6.60-N7 but no funds. Personally, I was waiting to see their 2021 FY and dividend info before increasing my position because Pa Emma mentioned how the low dividend they paid last year might not be a good signal (I don't joke with his analyses). I bought my first batch at around N8-N8.30 last year when there was no news, and now that the P/E and dividend yield signal good returns, I think it is a good buy at current price.

Maybe the following Feb 18th post from a boss will give more support to my opinion:

Princkez:
UBA@8+ with EPS of #3+ , I don't think it's bad

GANDALF1:


Then after waiting for 2 months and getting no response, he came back to say that the insider information was wrong and then he sold his OANDO, I think at a loss.

As God will have it, Oando immediately was removed from technical suspension and started flying. The few people that were deceived into Oando made millions .

locodemy:

locodemy:


Chairman.stop all these trashes and face your challenges caused by frustrations of life.

The market was there when we came.
It will also be there while we go.
Any one who does not make money in this market is a greedy one.I give my stock picks and wait for market to discover it and it do work.Is it a crime?People who knows who I am as a day/swing trader join me to make their own gain.I think some of our members here benefited from my stock picks and those who are trapped wanted it so.Must I tell you when I am exiting?

I chose to be a very short term holder of any stock and I have gained much except the ones I got trapped due to miscalculations that is converted to long term and sometimes I sell off at loss and move forward.

Because of you and all you have said, From this moment,I will be in a guest mode for a while if not permanent exit.In as much as I remain a day/swing trader, my 10-100% is sure at Nigeria stock exchange where I trade stocks.How it works remains a mystery to you forever.



Good bye.

samguru:
In all honesty,some folks dont know how to engage others on issues they have contrary views/opinions.

I have received a lot of insults on this platform, at a time I was contemplating leaving this platform, but have a rethink
Where were they when this thread was on page 700? they were still in secondary schools struggling to get 40% commerce and economics but now we have schooled them on how to calculate EPS, Price Earning Ratio,Book Value etc but now they are paying us back with insults.
Imagine of one the NSEMPAs telling me"samguru you are a pauper,we know people like you sha send your account number
and let me send you 2k for your breakfast" all this just because I recommended caverton PLC".

well @locodemy if you leave,you are very weak and I strongly believe you are a strong person.
So continue doing your good work.

NSEMPA is worst than real market square!

samguru:
I have received a lot of insults on this platform.....
Imagine of one the NSEMPAs telling me"samguru you are a pauper,we know people like you sha send your account number
and let me send you 2k for your breakfast" all this just because I recommended caverton PLC".!

eziokwunwoko:
If I buy United capital tomorrow morning Monday, will I be entitled to dividend
Please answer

RabbiDoracle:
Recession in US and some EU states is inevitable. Emerging markets will only face hardship in various forms or another. The weaker EMs (non-commodity based) will also be in recession along side the developed world. Emerging Market Assets will become a strong buy as investment leave recession areas.

The mad has inherited the earth. God protect the poor.

libartay:


Bia nwoke m, what's the deal naa?

You go begin ghost the forum cos of a tease by a woman? Yes, Gandalf na woman!
Akpunwa like you, abeg behave mature, no fall our hand.

samguru:
Crude oil at $129.94

Nigeria is in big trouble

ositadima1:


Caroline save your drama, we don't need your soap opera.

onegentleguy:


I just published an article with the title:

"BETWEEN UKRAINE, RUSSIA AND THE NSE"

https://www.booksie.com/668849-between-ukraine-russia-and-the-nse

A extensive look at how the recent RUSSIA-UKRAINE crisis might impact on certain select assets in the Nigerian stock exchange.
...making sense of the tiny details between top-down impact and current bottom-up stand of the companies involved with a view to seeking VALUE!

It's published on booksie, the U.K blog, medium and the personal finance section of some select Nigerian dailies.
You may wish to read through by using the link above.

Regards.

RabbiDoracle:
Recession in US and some EU states is inevitable. Emerging markets will only face hardship in various forms or another. The weaker EMs (non-commodity based) will also be in recession along side the developed world. Emerging Market Assets will become a strong buy as investment leave recession areas.

The mad has inherited the earth. God protect the poor.

Salvationone:


Good morning all,

The prediction by this great oracle is coming to pass little by little and sooner or later NSE has no choice than to respond.

It is well

Hustle1:
GSK Nigeria.... Following some Oga's on this platform who have identified with this stock

Q1 2022 numbers will be exciting! FY 2022 promises to be exciting too.

Full year 2021 revenue closed at 5% over 2020 following a 2.6% growth the previous year. See attached FY report.

Full year recovered from a dismal Q1 2021 that ended 30.66% decline while GSK resisted the temptation of price increases as a quick fix, but thanks to:

1.) A new route to market (With attendant increase logistics costs anyway)
2.) Increased A&P
3.) One-off SAP investment to support new RTM
4.) Increased finished goods inventory (+83% vs LY)
All indicated in the FY report[/i]

While the costs of logistics, energy and A&P will not go down suddenly,

I have three questions on my mind?

1.) Can GSK repeat a result that is an average of the last 3 quarters of 2021 this 1st quarter of 2022? That will simply be an 83% growth [i](40% growth is enough for me ) in revenue.....How that impacts the share price will be determined by the market.
2.) Can GSK match the 40k dividend of 2021?
3.) Will the manufacturing partnership with Fidson and subsequent technological transfer to Nigeria drive the parent companies to increase their stake in GSK Nigeria from the current 46.4% and what will the impact on the share price?

2022 promises to be good for GSK in my assessment! .....