currentprice:
https://doclib.ngxgroup.com/Financial_NewsDocs/Dangote_Sugar_Refinery_Plc_-_2022_AFS.pdf

EPS N4.51 vs 1.82 last year

Hmmmm bedsheet flag this stock shouting about it here few weeks ago.

@ Pa Emma see DS results o

_{^{follow oxygen wey no road}}

fullbid not up to 2mins after market opens.

currentprice:




ROE over 30% @ year end

Based on the Yield, UCAP is still better based on returns. This market is really funny, as Dangsugar is on full bid. Alhaji doing his thing.

currentprice:
https://doclib.ngxgroup.com/Financial_NewsDocs/Dangote_Sugar_Refinery_Plc_-_2022_AFS.pdf

EPS N4.51 vs 1.82 last year

Hmmmm bedsheet flag this stock shouting about it here few weeks ago.

@ Pa Emma see DS results o

_{^{follow oxygen wey no road}}

Impressive.
How much dividend declared?
And payment date?

currentprice:
https://doclib.ngxgroup.com/Financial_NewsDocs/Dangote_Sugar_Refinery_Plc_-_2022_AFS.pdf

EPS N4.51 vs 1.82 last year

Hmmmm bedsheet flag this stock shouting about it here few weeks ago.

@ Pa Emma see DS results o

_{^{follow oxygen wey no road}}

I loaded more last week Friday

currentprice:
https://doclib.ngxgroup.com/Financial_NewsDocs/Dangote_Sugar_Refinery_Plc_-_2022_AFS.pdf

EPS N4.51 vs 1.82 last year

Hmmmm bedsheet flag this stock shouting about it here few weeks ago.

@ Pa Emma see DS results o

_{^{follow oxygen wey no road}}

Super correct.
I salute you sir.

pluto09:


Super correct.
I salute you sir.

I forget to call u out too. I know u like the stock based on numbers I pointed out last Dec. but u got discourage because of Q2 VS Q3.

currentprice:


UBA and Access bank and many more are good stock bedsheet can waste time on not stock like interbrew.

ROE over 30% @ year end

Please what is the sheet saying about UBA. Access has gapped it a little. Access says it is reviewing impact of Ghana sovereign default on its accounts. Most Likely UBA will get some impact from Ghana too.

I expect Dangote Sugar to pay interim Dividend this year.

,,

Which stocks are you looking out for to finish on a high by the end of Q1?

leparj:


Impressive.
How much dividend declared?
And payment date?

For DANGOTE SUGAR, its been an impressive management style in recent time.
Fantastic YE, 2023 report!

But not too good DPR (dividend payout ratio)
A megre N1.50 proposed... which is just approx 33% of earnings cap.
I had expected a bit more (ref: N2-2.5) given how the coys CCC, CGPR, CRB, JPMG, and NCR all printed better benchmark ahead of earnings delivery... with the last 3, ensuring you have an MoS @ 0.7x of current mkt peg.

But DS is obviously a BUY @ present price levels.
Intrinsic value @ near 61% above CMP (ref: N30.5 racking-off surrounding risk)

Rating: Retained at outperform.

Disclosure: Hold some DS in a few management portfolio.
Caveat: NOT to be inferred as any sought of recommendation. Due diligence still applies.

onegentleguy:


For DANGOTE SUGAR, its been an mpressive management style in recent time.
Fantastic YE, 2023 report!

But not too good DPR (dividend payout ratio)
A megre N1.50 proposed... which is just approx 33% of earnings cap.
I had expected a bit more (ref: N2-2.5) given how the coys CCC, CGPR, CRB, JPMG, and NCR all printed better benchmark ahead of earnings delivery... with the last 3, ensuring you have an MoS @ 0.7x of current mkt peg.

But DS is obviously a BUY @ present price levels.
Intrinsic value @ near 61% above CMP (ref: N30.5 racking-off surrounding risk)

Rating: Retained at outperform.

Disclosure: Hold some DS in some management portfolio.
Caveat: NOT to be inferred as any sought of recommendation. Due diligence still applies.

Always respect your input

Meanwhile, today is VITAFOAM dividend payment day, so to all investors, pay your tithe

with the raw cash DS control now. they are capable to pay all N4.5 earnings as dividend without seeking for external finance for it operations but they decided not to.

last year div. was N1, 50% improvement on last year dividend is not bad in my opinion.

like i said earlier. I expect the company to pay interim dividend this year.

DS will rise very well but it will not be on a straight line... watch out

will find time to check my bedsheet for the FP of the stock

My TA is seeing #23 very soon in Dangs and with their good performace in q4 2022, it’s unlikely to see #16 here again which is safe entry

Dear @ currentprice,
I often smile when I read some of your post on INTERNATIONAL BREWERIES.

Hear this bro...
The hardest part about fundamental analysis is not in seeing the good in a good report/financial print, BUT SEEING THE GOOD IN A BAD ONE... and in reverse, sporting the BAD IN A GOOD REPORT (when you should seek to exit before others do)
...I have always stated this, and it is a FACT!

FA has gone beyond looking out for just the good in a good report. ...Not that it isn't a fine strategy, but as an investor (especially a growth and value driven one), you tend to have an edge (better MoS in view), hence, greater potential for higher returns when you can see the good in a (sometimes presumed) bad financial print.
....this is because unlike the guy who focuses on looking for the good in a good/fine report, YOU ARE LIKELY TO enter/align with the target asset at a lower price having done the necessary due diligence.

One of the secret is in knowing how to spot the TURNING POINT OF INFLECTION (turnaround point) of a company.
But you also need to carefully extrapolate and interpret matters using a combination of certain Key Nos in the target coys SCF and BS.
Might sound simple, but it involves a lot of effort but which is often worth it with time.

It is how I bought your DANGOTE SUGAR @ btw N11--11.7... when the coy witnessed a turning point, but many persons were probably seeing just the bad in it.
Its also how I bought UNILEVER @ N10+ when, at the time, some persons weren't seeing the good in it.
It is also for the same reason that I gave a buy on DIAMOND BANK @ 90k, WAPCO @ N9, NEIMETH @ 38k, WEMA BANK @ 56k, UACN @ N4.5, PZ @ N4, ACCESS @ N7, TRANSCORP @ <90k, CHAMS @ 20k... and I could go on and on with the list.

Pls note that I am NOT and can never be perfect, so of course, there have also been 2 or 3 occasions when things didn't turn out accordingly.

In recent times, I have given the same highlight with GSK, INTBREW and most recently UNILEVER.
As I said and reiterated then; BUYING INTBREW @ N5 IS LIKE BUYING A BOTTLE OF GRAND MALT (which is currently sold for N150 and above) FOR JUST N30!


Soon, people will begin to see "the light"
Time will help set matters straight and put things in their right perspective!

It is well.

This market has left me breathless. Still, eyes on the weekly NSE Banking index.

It is what it is!!

Bbbwings:
Lol
Dem annonce ucap the thing lose 3% today.

Don't mind them......
Maybe they expect a N15 stock to pay N3.......
It's typical of it's movement when dividend is declared (except for last fye).....
* Let them sha bring the price down to bargain junction, the value investors will come for it.

yMcy56:

Don't mind them......
Maybe they expect a N15 stock to pay N3.......
It's typical of it's movement when dividend is declared (except for last fye).....
* Let them sha bring the price down to bargain junction, the value investors will come for it.

Na profit takers bring the price down, it will soon start increasing. Their qualification date is 14th of March, so expect the value investors to cash in on it big time.

You people should please bring Zenith down to N22 so I can enter.

onegentleguy:
Dear @ currentprice,
I often smile when I read some of your post on INTERNATIONAL BREWERIES.

Hear this bro...
The hardest part about fundamental analysis is not in seeing the good in a good report/financial print, BUT SEEING THE GOOD IN A BAD ONE... and in reverse, sporting the BAD IN A GOOD REPORT (when you should seek to exit before others do)
...I have always stated this, and it is a FACT!

FA has gone beyond looking out for just the good in a good report. ...Not that it isn't a fine strategy, but as an investor (especially a growth and value driven one), you tend to have an edge (better MoS in view), hence, greater potential for higher returns when you can see the good in a (sometimes presumed) bad financial print.
....this is because unlike the guy who focuses on looking for the good in a good/fine report, YOU ARE LIKELY TO enter/align with the target asset at a lower price having done the necessary due diligence.

One of the secret is in knowing how to spot the TURNING POINT OF INFLECTION (turnaround point) of a company.
But you also need to carefully extrapolate and interpret matters using a combination of certain Key Nos in the target coys SCF and BS.
Might sound simple, but it involves a lot of effort but which is often worth it with time.

It is how I bought your DANGOTE SUGAR @ btw N11--11.7... when the coy witnessed a turning point, but many persons were probably seeing just the bad in it.
Its also how I bought UNILEVER @ N10+ when, at the time, some persons weren't seeing the good in it.
It is also for the same reason that I gave a buy on DIAMOND BANK @ 90k, WAPCO @ N9, NEIMETH @ 38k, WEMA BANK @ 56k, UACN @ N4.5, PZ @ N4, ACCESS @ N7, TRANSCORP @ <90k, CHAMS @ 20k... and I could go on and on with the list.

Pls note that I am NOT and can never be perfect, so of course, there have also been 2 or 3 occasions when things didn't turn out accordingly.

In recent times, I have given the same highlight with GSK, INTBREW and most recently UNILEVER.
As I said and reiterated then; BUYING INTBREW @ N5 IS LIKE BUYING A BOTTLE OF GRAND MALT (which is currently sold for N150 and above) for just N30!


Soon, people will begin to see "the light"
Time will help set matters straight and put things in their right perspective!

It is well.

In line with that part in bold, I will seek to exit certain select names if I hold a stake in them.
Top on the list are;
BUE CEMENT, WEMA BANK, AIRTEL AFRI and GEREGU.

I have since said that people should be very careful with the last name.
It's current financial print best describes an asset with pricing well ahead of the combination of its 2 yr feasible growth margin... and that, without attaching what should've been an appropriate risk premium. (ref: negative MoS)

NOT a recommendation... just an advice.
Everyone is totally free to do as they so wish following their instinct.

Selah

DANGSUGAR
Full bid @19.45.....

NASCON
A good one from NASCON and a good dividend payout from Alhaji..

NASCON was known for payment of 0.40k for the past few years.........BUT this time around, N1 was declared......representing +150% increase in div payout......that's around 8.9% dividend yield @ CP of N11.20.

Abeg don't mind my Arithmetics and pry schl analysis, na night school I go.

Knocking seriously, shelter for the rain

yMcy56:
DANGSUGAR
Full bid @19.45.....

NASCON
A good one from NASCON and a good dividend payout from Alhaji..

NASCON was known for payment of 0.40k for the past few years.........BUT this time around, N1 was declared......representing +150% increase in div payout......that's around 8.9% dividend yield @ CP of N11.20.

Abeg don't mind my Arithmetics and pry schl analysis, na night school I go.

Zenith bank Surulere branch. Lol

Finally, as a growth and/or value investor, I will seek to align with STERLING BANK, UPDC and REDSTAR EXPRESS @ current price levels.
...of course, having the necessary trade set-up.

Again, NOT to be inferred as any sought of recommendation. Due diligence still applies as always.

Selah

UACN:
8.50

Zagee:
Zenith bank Surulere branch. Lol

Lol.
..and Access.....

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.

yMcy56:
UACN:
8.50

Anyone who didn't exit UACN @ N12--13 after holding from entry @ N4.5--5, should have themselves to blame.

NOT after reading the article above which highlighted some of the growing inherent risk at the time.

It is well.

onegentleguy:
Anyone who didn't exit UACN @ N12--13 after holding from entry @ N4.5--5, should have themselves to blame.

NOT after reading the article above which highlighted some of the growing inherent risk at the time.
It is well.

Boss you made the right call on UACN that time. Kudos.

...but now, with food inflation and UACN well diversified, I think it's not bad for a pick @ 8/8.50. I don't think it can test thatN5 region again......barring any unforeseen circumstances.
What's your take on this sir?

*For me, UACN is a buy @8.50*

GTCO:
Much stronghead....
Reversing up again .......from 26.60 back to 26.75.....
The buy pressure is much....

yMcy56:

Boss you made the right call on UACN that time. Kudos.

...but now, with food inflation and UACN well diversified, I think it's not bad for a pick @ 8/8.50. I don't think it can test thatN5 region again......barring any unforeseen circumstances.
What's your take on this sir?

My post was actually making reference to exiting then @ N12--13 and waiting to reenter at a lower price.

As for buying @ current price levels, I honestly would prefer to see and digest their YE, 2022 report before given any insight.

Regards

currentprice:
with the raw cash DS control now. they are capable to pay all N4.5 earnings as dividend without seeking for external finance for it operations but they decided not to.

last year div. was N1, 50% improvement on last year dividend is not bad in my opinion.

like i said earlier. I expect the company to pay interim dividend this year.

DS will rise very well but it will not be on a straight line... watch out

will find time to check my bedsheet for the FP of the stock

Improvement of almost double their sales in their retail sugar sale boosted their revenue. I can only hope the continues to improve their bottom line in 2023

onegentleguy:
Finally, as a growth and/or value investor, I will seek to align with STERLING BANK, UPDC and RED STAR EXPRESS @ current price levels.
...of course, having the necessary trade set-up.

Again, NOT to be inferred as any sought of recommendation. Due diligence still applies as always.

Selah

Sir,

1 & 2 I know, but 3 I know not.
You know say some of us still dey nursery 2 for this stock thing self. That 3 I no understand oh

We need another stock like Geregu. Maybe we can have dangote refinery when it starts functioning. I missed out on geregu