Ding!

For 20 to 30% profit,play RTBRISCOE.
You will not regret the Betnaija

Streetinvestor2:
I dis agree on the two things you mentioned. The country just borrowed in dollars. And forex has been stable. It will likely start heading down gradually or stay flat.
Then for inflation. It has reached it bend.You should expect very slow downward movement. And we are entering the quaters of harvest of farm produce. The last two months was maginal increase in inflation.

yes and the economy will improve next year.

Raider76:


And there will be many. You can trust the Nigerian legal system to continue this cycle of adjurnments for the next two years.

I doubt it will stay that long, consultations will start next year in politics.some have started already......

FBNH
Otedola now owns 11.63% FBNH shares....
Cement his position as the single largest shareholder..

https://www.thecable.ng/breaking-otedola-buys-fresh-2-22-shares-as-stakes-in-fbn-holdings-hit-11/amp/

OANDO
In another news, who are those that queued up to buy OANDO today?
*My observation yesterday was that, the heavyweights aren't selling. Maybe they know what we don't know, who knows.

toyeoye:


Keep defending incompetence...The naira will go back to it's true value of 700-800 as you mentioned in March....we still dey here

You that is competent.i hope you have been buying the dollars at this rate to sell at your #2000 target.

RT Briscoe Nigeria Plc has obtained the approval of the Securities and Exchange Commission (SEC) to raise N10 billion through a newly introduced savings and investment scheme.

The Group Managing Director of the company, Seyi Onajide, said the savings and investment scheme would allow the rich, semi-rich and the poor to participate, and the company to gradually build up capital.

On how it works, he cited an example that someone could buy 100,000 shares at N100,000 by saving over a specified period between 18 and 24 months, while big pocket investors could activate a one-time payment on their investments.

He said the idea was to allow the existing 43,000 RT Briscoe shareholders, who are mostly retired, to pay in instalments owing to the impact of the harsh economic situation on people’s income.

Onajide said the investment would go to a trustee approved by the SEC, who would keep the invested sum with interest until the trustee calls a meeting of all subscribers to decide if their money is to be converted into Briscoe shares or not.

“The savings and investment initiative gives opportunities to all interested parties to grow funds, either to buy Briscoe shares or not. There will be additional benefits for those who end up choosing to buy Briscoe shares,” he said.

Choiceguy:


We are talking of publication by punch Newspaper as at yesterday 25th June 2024;stating that Inflation and shortage of forex worries MPC members,from what is happen at the forex parallel market we can all see how dollar/naria exchange has been struggling between 1450- 1500+, can we call that stability.
Definitely they must increase rate again.then the price of all stock will come down including Oando, What
I am saying is that we should be mindful of MPC rate increase, while doing anything in the market especially now.

BARGAIN HUNTERS TAKE NOTE.

.Is punch the only newspaper. You did not read the ones from foreign media/rating agencies. Your definition of stable in forex is that it must remain on a fixed price. YOU don't know thr will always be plus/minus within a small percentage change.
The mpc will maintain its rate that is my opinion. Time will tell who is right or wrong .

Streetinvestor2:
You that is competent.i hope you have been buying the dollars at this rate to sell at your #2000 target.

I hope you're being paid to defend rubbish and incompetence

Redoil:
RT Briscoe Nigeria Plc has obtained the approval of the Securities and Exchange Commission (SEC) to raise N10 billion through a newly introduced savings and investment scheme.

The Group Managing Director of the company, Seyi Onajide, said the savings and investment scheme would allow the rich, semi-rich and the poor to participate, and the company to gradually build up capital.

On how it works, he cited an example that someone could buy 100,000 shares at N100,000 by saving over a specified period between 18 and 24 months, while big pocket investors could activate a one-time payment on their investments.

He said the idea was to allow the existing 43,000 RT Briscoe shareholders, who are mostly retired, to pay in instalments owing to the impact of the harsh economic situation on people’s income.

Onajide said the investment would go to a trustee approved by the SEC, who would keep the invested sum with interest until the trustee calls a meeting of all subscribers to decide if their money is to be converted into Briscoe shares or not.

“The savings and investment initiative gives opportunities to all interested parties to grow funds, either to buy Briscoe shares or not. There will be additional benefits for those who end up choosing to buy Briscoe shares,” he said.

Scam... Trust Seyi at your own risk... Seyi that has been in that position for 20yrs and messed up rt Briscoe is whom investors want to trust With their funds. Rt Briscoe that is a living dead company. I dey laugh

MRS oil @#137...any news?

toyeoye:


I hope you're being paid to defend rubbish and incompetence

I am not hungry like u

It may not be unconnected to the impending commencement of the Dangote Refinery PMS sale...

https://punchng.com/marketers-register-with-dangote-refinery-ahead-of-loading/

Princkez:
MRS oil @#137...any news?

Streetinvestor2:
I am not hungry like u

Keep dribbling around the main issue, you are brain washed to keep worshipping and condoning mediocrity (Stockholm syndrome)

Name one thing the President has done - you say he unified the exchange rate
Nigeria is in a debt trap - you say it's just dollars we borrowed, we are fine.
Inflation is high - you say it will come down soon, just be patient
Nigeria is paying subsidies - you say its propaganda

toyeoye:


Stockholm syndrome

lol. Are you a psychologist?

toyeoye:


Keep dribbling around the main issue, you are brain washed to keep worshipping and condoning mediocrity (Stockholm syndrome)

Name one thing the President has done - you say he unified the exchange rate
Nigeria is in a debt trap - you say it's just dollars we borrowed, we are fine.
Inflation is high - you say it will come down soon, just be patient
Nigeria is paying subsidies - you say its propaganda

This is a thread for serious people who want to create wealth for themselves and fmly.
This is not your usual thread you sell second hand things.
If you think you are a trouble maker.You can mention me in another thread so that I can show you that I am a trouble shooter with all pleasure...ewu

Streetinvestor2:
This is a thread for serious people who want to create wealth for themselves and fmly.
This is not your usual thread you sell second hand things.
If you think you are a trouble maker.You can mention me in another thread so that I can show you that I am a trouble shooter with all pleasure...ewu

sorry to burst your bubble, you're not serious at all.
get help! you're obviously traumatised and not seeing things clearly.

Streetinvestor2:
This is a thread for serious people who want to create wealth for themselves and fmly.

Oga street, pls there's no need for all these.
Let's focus on the purpose for this thread and not be distracted from making more money.
Pls let it go and let's keep it at the quoted.

yMcy56:

Oga street, pls there's no need for all these.
Let's focus on the purpose for this thread and not be distracted from making more money.
Pls let it go and let's keep it at the quoted.

ok chair lady.i will jump and pass,lol

I was hoping they will push oando down more today but I am seeing bid higher than offer

Streetinvestor2:
ok chair lady.i will jump and pass,lol

I was hoping they will push oando down more today but I am seeing bid higher than offer

Thanks boss.
Na so we see am o.

JBERGER MM sabi to play the game.They come once in a week after closing hour to push the price to a new high.
Alhaji tell the MM for your companies to adopt this game.Make minority shareholders happy small,lol

What is happening in FTNCOCOA?

Streetinvestor2:
JBERGER MM sabi to play the game.They come once in a week after closing hour to push the price to a new high.
Alhaji tell the MM for your companies to adopt this game.Make minority shareholders happy small,lol

Honestly!!
Was just a long wait!!
Make Alhaji reason minority shareholders pls

Streetinvestor2:
ok chair lady.i will jump and pass,lol

I was hoping they will push oando down more today but I am seeing bid higher than offer

mama has called, run along now lol...and don't come back defending rubbish

yMcy56:
FBNH
Otedola now owns 11.63% FBNH shares....
Cement his position as the single largest shareholder..

https://www.thecable.ng/breaking-otedola-buys-fresh-2-22-shares-as-stakes-in-fbn-holdings-hit-11/amp/

OANDO
In another news, who are those that queued up to buy OANDO today?
*My observation yesterday was that, the heavyweights aren't selling. Maybe they know what we don't know, who knows.

It is not only heavyweights that aren't selling. Anyone that has followed recent developments in Oando would hesitate to sell his/her shares. The huge over N3 trillion turnover reported for FY2023 does not even include revenues from operations of the newly acquired ENI/NAOC oil fields. So one can imagine what the results could be when they integrate revenues from the ENI fields and almost double their output level in a year or two from now.
People selling may be trading to re-enter later. I am also contemplating selling some of my holdings just to settle some bills urgently and re-enter again. But the timing is key.
The results for HY2024 may be released soon which may affect the prices, so one has to weigh the pros and cons of each option .

yMcy56:
FBNH
Otedola now owns 11.63% FBNH shares....
Cement his position as the single largest shareholder..

https://www.thecable.ng/breaking-otedola-buys-fresh-2-22-shares-as-stakes-in-fbn-holdings-hit-11/amp/

OANDO
In another news, who are those that queued up to buy OANDO today?
*My observation yesterday was that, the heavyweights aren't selling. Maybe they know what we don't know, who knows.

OANDO on full bid....

IMO, many traders sold yesterday with the hope that they will reenter after price drops. Today's resistance shocked them.
Now they are driving this late full bid after realizing that 13.75 might just be a last chance to re enter...

mikeapollo:


It is not only heavyweights that aren't selling. Anyone that has followed recent developments in Oando would hesitate to sell his/her shares. The huge over N3 trillion turnover reported for FY2023 does not even include revenues from operations of the newly acquired ENI/NAOC oil fields. So one can imagine what the results could be when they integrate revenues from the ENI fields and almost double their output level in a year or two from now.
People selling may be trading to re-enter later. I am also contemplating selling some of my holdings just to settle some bills urgently and re-enter again. But the timing is key.
The results for HY2024 may be released soon which may affect the prices, so one has to weigh the pros and cons of each option .

W0t0w0toman:


Scam... Trust Seyi at your own risk... Seyi that has been in that position for 20yrs and messed up rt Briscoe is whom investors want to trust With their funds. Rt Briscoe that is a living dead company. I dey laugh

Lovers of Toyota vehicles who buy from one of its foremost dealer, Briscoe Nigeria Plc can begin to start looking for another company to trade with as we can report authoritatively that the company is on the verge of folding up, due to fraudulent practices currently going on there. Our sources within the company revealed that even though the management of the Company has been trying to conceal this fact but on a daily basis, it’s becoming difficult for them. The company is ‘broke’ & heavily indebted we learnt. The company’s indebtedness is to the tune of N14bn at the moment & has been consistently making losses in the past 4 years. The loss for year 2014 is in the tune of N1.84bn, a situation which will make the shareholders likely revolt this time around. The half year report for this current year is already estimated at a loss of over N1bn. There are insinuations that this is due to bad management, particularly the current Managing Director, Mr Bukola Oluseyi Onajide who since taking over in January 2010 has nosedived the fortunes of company. The smooth-talking Managing Director is enjoying very good relationship with the Chairman of the board of directors & there is not even a single Executive director in the company; this has made it practically impossible for other board members to know the ‘true’ situation of the company. It was also learnt that the daughter of the foremost Toyota Representative in Nigeria (Chief Ade-Ojo) is also on the board of the dying company but she’s also not aware of the underground happenings. It has been alleged that the current Managing Director & General Manager (Finance) have embezzled over N500 million. This is however not new to some people as it was discovered allegedly that the General Manager (Finance) was involved in fraud in his last organization before joining RT Briscoe. The two men our sources disclosed have been siphoning the company’s funds & covering up the books in a smart way. The Chairman was due for retirement since 2013 but is still trying to retain the seat despite the bad situation of the company. The Managing Director lives a very extravagant and flamboyant lifestyle; throwing very lavish parties all on the company’s resources. The current situation has forced the company to commence sacking of workers; it was learn that close to 70 members of staff will be affected by this exercise. The Managing Director according to our sources within the company gives out brand new vehicles to several of his female friends & family members at the expense of the organization and also colluding with the GM (Finance) to siphon large amounts of money. This looting prompted the GM (Finance) to recently delete all the CCTV recordings in his office so as to destroy any evidence that could implicate him. The Managing director we learnt doesn’t have regard for all members of staff as he sees himself as the all-in-all because there is no single Executive Director or Deputy Managing Director. Most of the productive salesmen have been frustrated out of the system. Meanwhile, so many shareholders are preparing for war as the AGM comes up in a few days. Stay tuned for more details on his fraudulent and philandering lifestyle.


copied........................

Princkez:
OANDO on full bid....

This Oando situation reminds me of the mid-90s when Nigeria's team featured the likes of Okocha and Nwankwo Kanu. If Nigeria scored, everyone would say, "Nigeria is supposed to win; they have good players." When they started losing, people would say, "Don't worry, they will equalize." But at the end of the day, Nigeria would be knocked out of the tournament, leaving fans in tears. I'm not saying that you will shed tears o, but this incessant cho cho about Oando is getting boring.

onegentleguy:
This coy is doing something I like on the MTF.

Corrective run with 3 black crows candlestick pattern after an unconvincing attempt to close above the N4--4.2 level since previous high in January.
...price would later break below a KSL @ 2.90--3, possibly driven by an intent to tap into the sell-side insufficiency (ref: IMB/FVG) created by the LS/momentum move in Nov, 2023.

However, PA now appears to be rejecting a CHOCH at a confluence with last SH and resultant neckline from DB formation prior to the impulse... which also doubles as the fib retracement discount zone (ref: 0.786), implying a weakening short term bearish continuation.
VZ/PSL sits around the N2.39 region and the strong demand-side OB just below it.

A reversal to the upside could be imminent. (supported by volume)
...regaining it's 50 period EMA or better still, the previous PRL would be KEY! (see chart below)

For those who subscribed to my outline recommendations and investment guide--Series 2 early enough, I believe you must've booked some profit at the high of N4.5 before now.
...it's time to consider re-entering the coy.

And for the late subscribers, I believe your position should be in the red in light of recent pullback.
...it's time to average down.

Fundamentally, C&I LEASING is a strong buy @ CMP.
In it's last released report (ref: UFS Q4, 2023), the company recorded an impressive growth across key revenue and earnings line with NLRI, NPM and EPS up by 45.1%, 63.5% and approx 26.9% respectively.
Worthy of mention is the material improvement in the group's CCC (EM/PCEPS) CGPR, CBR, U/LFCFS and ECP despite the huge spend on capex.

C&I Leasing's conservative FVE prints @ N6.71 using a mix of appropriate valuation model and accounting for an appreciable measure of risk premium (ref: match on surrounding risk level)
...needless to highlight that that FVE is an over 138% discount from the coys CMP.

Disclaimer: NOT an investment advice. ...the need for due diligence should still take higher precedence ahead of this post.

Selah

Already up by approx 28.6% since the call above. (ref: N2.55 to N3.28)

Fortunately, C&,I LEASING still has plenty of room for much more upside.
...N5 is quite feasible, while a run to it's near 6-yr high of N6.8 appears inclined to a favorable probability. (the coys recent spate of financial print is also supportive of this sentiment)
It won't be a smooth/straight run, but a measured and value-driven one.
...HOLD!

For those that subscribed late to my outline and investment guide--series 1, pls look through your outline.
There's this coy among the very few stock that's yet to deliver massive gains. (over 70% already did so well)
...it's under the heading; "Additional investment guide", which I gave as a bonus pick.
There are 2 asset names that were analyzed therein, inclusive of TA. (chart breakdown)
Recall that one of them already delivered over 127% ROI after the spike from it's TEP of N2.8--2.9 to over N6.43.
The 2nd coy, though has returned over 18% gain, is now "fueling up" for a great run in price.
....49--61% return from TEP level is feasible.

A reminder;
The coy is among the asset names that benefits from current macroeconomic trend.
...it's operating sector is well positioned to build grosses and nets having a strong pricing power across her largely inelastic product line.

Pls take position if you're yet to do so... otherwise hold if you're already in.

Fundamentally, recent financial report shows a material improvement across several key revenue and earnings line with AER, CGPR, ROCE, R/CROIC, and EM all looking up.
....I particularly like the correction in CBR as the company embarks on further restructuring of her BS through a progressive but systemic cost optimization approach.

Using a blend of appropriate valuation model that assumes just a 15% growth in Q2/Q1 and trails same to YE, 2024 but also rakes-off surrounding risk, FVE pegs @ a triple-digit % premium to CMP.
....and that's a conservative estimate.

Even the 1st coy that returned over 127% as stated above is now at a sweet spot for reentry following a corrective wave to a strong PSZ.
My system has just signaled the possibility of another price appreciation by a 30--41% margin from CMP.

Again, take position... HOLD!

it is well

Redoil:
Lovers of Toyota vehicles who buy from one of its foremost dealer, Briscoe Nigeria Plc can begin to start looking for another company to trade with as we can report authoritatively that the company is on the verge of folding up, due to fraudulent practices currently going on there. Our sources within the company revealed that even though the management of the Company has been trying to conceal this fact but on a daily basis, it’s becoming difficult for them. The company is ‘broke’ & heavily indebted we learnt. The company’s indebtedness is to the tune of N14bn at the moment & has been consistently making losses in the past 4 years. The loss for year 2014 is in the tune of N1.84bn, a situation which will make the shareholders likely revolt this time around. The half year report for this current year is already estimated at a loss of over N1bn. There are insinuations that this is due to bad management, particularly the current Managing Director, Mr Bukola Oluseyi Onajide who since taking over in January 2010 has nosedived the fortunes of company. The smooth-talking Managing Director is enjoying very good relationship with the Chairman of the board of directors & there is not even a single Executive director in the company; this has made it practically impossible for other board members to know the ‘true’ situation of the company. It was also learnt that the daughter of the foremost Toyota Representative in Nigeria (Chief Ade-Ojo) is also on the board of the dying company but she’s also not aware of the underground happenings. It has been alleged that the current Managing Director & General Manager (Finance) have embezzled over N500 million. This is however not new to some people as it was discovered allegedly that the General Manager (Finance) was involved in fraud in his last organization before joining RT Briscoe. The two men our sources disclosed have been siphoning the company’s funds & covering up the books in a smart way. The Chairman was due for retirement since 2013 but is still trying to retain the seat despite the bad situation of the company. The Managing Director lives a very extravagant and flamboyant lifestyle; throwing very lavish parties all on the company’s resources. The current situation has forced the company to commence sacking of workers; it was learn that close to 70 members of staff will be affected by this exercise. The Managing Director according to our sources within the company gives out brand new vehicles to several of his female friends & family members at the expense of the organization and also colluding with the GM (Finance) to siphon large amounts of money. This looting prompted the GM (Finance) to recently delete all the CCTV recordings in his office so as to destroy any evidence that could implicate him. The Managing director we learnt doesn’t have regard for all members of staff as he sees himself as the all-in-all because there is no single Executive Director or Deputy Managing Director. Most of the productive salesmen have been frustrated out of the system. Meanwhile, so many shareholders are preparing for war as the AGM comes up in a few days. Stay tuned for more details on his fraudulent and philandering lifestyle.


copied........................

This is what the ancient Romans called an epistle: no paragraphs, just a continuous flow of text.