Wapco is an excellent stock, but I just looked at some recently released results and it seem to me like vitafoam and total energies equally have some incredible numbers, similar to, if not better than wapco.
What is ur opinion?

Disclosure: I have some units of Wapco and total, but sold my vitafoam earlier this year.

emmanuelewumi:



Lafarge is on the buy list of 4 Investment houses.

FSDH Capital

Stanbic IBTC Stockbroker

Meristem Securities

Chapel Hill Denham.

It is just a matter of time it must fly. The Investment houses came late sef. They came in when it was over N20, they didn't identify the value some of us saw when it was N15

I use FSDH, they say they do not produce buy list anymore. I also use Stanbic, they said they do not send out stock picks.

How do you get it from them?

Harvestock01:


While those who bought IBL around same time are on 101+%!!!

It could be 101% of 400k while 25% of N20 Million

Fidson is now selling at #12

those that i recommended #12 exit price, oya come and pay your tithe

OBAGADAFFI:


Oh, I understand now.
They were just subsidiaries.

I think NNFM is also a subsidiary of FMN, but listed separately on the exchange.

FMN heading to 40+ nice one.those who listen to Oracle on food scarcity must be happy now.

NNFM sighted full bid towards closure of market .interesting, let see how far it can go from today.

Slimdove:


FMN heading to 40+ nice one.those who listen to Oracle on food scarcity must be happy now.

Now that they control 40% or so of the market post-merger, I am expecting them to have improved pricing power going forward

IB full offer @ #8.80

Princkez:
IB full offer @ #8.80

Grab your copy now!

Heishere:


That used to be my rule until I discovered it is a yeye rule. I borrowed funds to buy MTN and NAHCO. My money is almost doubled in MTN. Have paid off NAHCO. MTN will be payed off by year end. My brother if you see cheap loan collect. That's how the rich get richer.

Nice Sir,before collecting the loan,did you plan paying it based on the dividend that would be received from the stock or on price appreciation?

Princkez:
IB full offer @ #8.80

Think it's another opportunity loading for those that missed the first trip.....
Let them sha bring it down to bargain junction......

Interbrew seems to be doing something right..........moved from negative to positive territory and expanding biz as well......
We shouldn't forget that this South African Coy also have stakes here.......

Not any form of monkey hunting or advice.......Mr. Market will do what Mr. Market will do irrespective......

BTW, Market is generally dull today.........so far anyway.
The much noised WAPCO is also getting bashing.....

AIRTEL is seriously aiming to take over from NESTLE..........in terms of pricing in the market.......
AIRTEL sighted @1,470......NESTLE: 1,400.....

So also SEPLAT: Sighted @1,300.........with little or no offer on ground.....

yMcy56:

Think it's another opportunity loading for those that missed the first trip.....
Let them sha bring it down to bargain junction......

Interbrew seems to be doing something right..........moved from negative to positive territory and expanding biz as well......
We shouldn't forget that this South African Coy also have stakes here.......

Not any form of monkey hunting or advice.......Mr. Market will do what Mr. Market will do irrespective......

BTW, Market is generally dull today.........so far anyway.
The much noised WAPCO is also getting bashing.....

For Wapco, profit takers brought it down, but its resurrecting back!!!

AIRTEL
Dividend info:
https://doclib.ngxgroup.com/Financial_NewsDocs/36019_AIRTEL_AFRICA_PLC%20DIVIDEND_CONFIRMATION__CORPORATE_ACT.pdf

INVEST WISELY!
Don’t be carried away with the BULL all investors should still do their due diligence before investing in any stock even when it’s recommended because in the long run, investors must take responsibility for their decision not the analysist/the market or financial adviser.
It was one of the mistakes in 2008.

In a bull market even non fundamentally good stocks appreciate in price by way of positive sentiments around the market. Invest wisely!

Dum20:



It could be 101% of 400k while 25% of N20 Million

Or the other way round as well!

[quote author=Willie2015 post=112370654]


Km N1200 finally arrived...
Mission Accomplished...
Sold first tranche of my holdings ...
Hopin price will hit N1300
B/4 mark down.. [/quote

Seplat breakin limits..
N1300 ... Se Finito...
Sold second tranche...
Can it surpass Nestle and Airtel..
B/4 markdown for Q1 Interim Dividend
Dis one na research Question...

Dum20:


I use FSDH, they say they do not produce buy list anymore. I also use Stanbic, they said they do not send out stock picks.

How do you get it from them?

Dig deeper another way to know is the stocks in the portfolio of equity funds of their Asset Management business

Plus10:

Nice Sir,before collecting the loan,did you plan paying it based on the dividend that would be received from the stock or on price appreciation?

Dividend, salary & other income. Never price appreciation.

sellydion:
The best that could happen is not to borrow on margin, if done and a brutal bear market starts your broker would not be smiling.

If you can fund repayments through salaries, rents or dividend that is good.

Dont borrow more than 30% of your portfolio, have solid companies that generate regular dividends in your portfolio. If you have stocks that are not fundamentally sound in your portfolio you can lose 60% and above of the value of your portfolio

Heishere:


Dividend, salary & other income. Never price appreciation.

Thanks Sir.

sellydion:
The best that could happen is not to borrow on margin, if done and a brutal bear market starts your broker would not be smiling.

If you can fund repayments through salaries, rents or dividend that is good.

Correct, which is why I don't borrow from stock brokers.

Heishere:


Correct, which is why I don't borrow from stock brokers.

Banks dont accept shares as collateral, they prefer FGN bonds

emmanuelewumi:



Banks dont accept shares as collateral, they prefer FGN bonds

What is the point in using my bond as collateral for bank loan, when I can just liquidate the bond. Bank rates are often 2× or much more than interest on the bond.

Friend where do you do your borrowing and with what collateral?

Heishere:


Correct, which is why I don't borrow from stock brokers.

Mpeace:
What is the point in taking using my bond as collateral for loan, when I can just liquidate the bond. Bank rates are often 2× or much more the interest on the bond.

It goes beyond that. The rent yield on your property is about 5% to 7%, yet people use their property as collateral.

Some investors have series of bond investments in such a way that they will get coupons everymonth of the year, which they can use to settle their loans and pay bills.


A loan of N1 million at 22%, your monthly payment is 93600 and total interest will be N123k.

[quote author=emmanuelewumi post=112794467]


Dig deeper another way to know is the stocks in the portfolio of equity funds of their Asset Management business[/quote

I do receive *Top Stock Picks* and equity research note from FSDH. Though target price are not included, only name of the stock and some of their fundamentals.
I am not their clients only subscribe through their website

emmanuelewumi:



Banks dont accept shares as collateral, they prefer FGN bonds

The advantage of what you do for a living...

sellydion:
Friend where do you do your borrowing and with what collateral?

Lol. My brother I have high credit worthiness

On all time frames, we are swimming above the Ichimoku clouds (ASI)
The journey may go faster than expected

Good evening, pls has AXA Mansard paid dividend?

emmanuelewumi:



Dig deeper another way to know is the stocks in the portfolio of equity funds of their Asset Management business

Wow, this is a good tip.

I will check it out.