I branched and looked at the NGSEBNK10
It appears set up for a minibull (maybe Q2 bull)
The daily candles have broken upwards into the cloud which is positive

On the weekly chart, it might be due to a rejection of the cloud on the weekly

Zegra:

It's well
Something wey men buy for N85

Any positive announcement will definitely destroy all charts Lol
But as e be now, men mount
Men don tire for the waiting game.

Q2 official exchange gain of 6%. For those that monitor FX gain in FS like me

Agbalowomeri:
You no say I get bad mouth
Make I just hol my opinion to myself Lol

Fair enough!
Because me self don dey fear the reply already. Make e no come spoil things beyond repair . Lol.

Mega, next time dont push Oga Agba further o.
Anyway, thanks sir for the fair reply. 🙏

Any positive news will distort the charts like he said and send Sugar to the moon.
Once there's news of Rice Mill commissioning or news of going back to SEC for the merger, etc it will change everything.
Na such news we dey expect.

KarlTom:
Not yet there...

oh well we can only hope😀

Agbalowomeri:


Q3 rain/storm Lol

Hopefully, 25 should be a good support

I will wait to do topup there be that

yMcy56:

Fair enough!
Because me self don dey fear the reply already. Make e no come spoil things beyond repair . Lol.

Mega, next time dont push Oga Agba further o.
Anyway, thanks sir for the fair reply. 🙏

Any positive news will distort the charts like he said and send Sugar to the moon.
Once there's news of Rice Mill commissioning or news of going back to SEC for the merger, it will change everything.
Na such news we dey expect.

I don hear sis... Although he dey help me set my target right sha

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onegentleguy:
Here's to the fellow who asked if PRESCO was undervalued after I posted a highlight on OKOMU...
YES... indeed PRESCO is GROSSLY UNDERPRICED!

...infact, slightly even ahead of OKOMU should one compare the current mkt peg to their value accretive stance/potential.

Using a mix of valuation model that adopts a highly CONSERVATIVE approach by raking-off near 2x peg to surrounding risk including a further premium given that the just released report is unaudited, I have a FVE of N139.58
...which implies an approx 59% discount from Fridays closing price.

Rating: Overweight/Outperform

In PRESCO, I believe.

CAVEAT: Due diligence still applies as always.

Selah

eziokwunwoko:
Good morning Sir Onegentleguy: OGG.
Please I need Current FVE prices of Presco and Mansard.
Please Sir, I am loyal to your ministry.
I am your boy

Conservative FVE for PRESCO is @ N561.9 at present, so the stock is a buy @ CMP.

But as you know; I always prefer to be an "early bird".
Why didn't you key in before now? PRESCO was trading for less than N57 when I put out the post above.
Someone sent me a mail earlier asking if CHAMS is a buy @ the CMP, and my response was simple; why didn't you take position when I was practically screaming about the stock @ 20--21k.

The reason some folks will argue about the value accretive stance of an asset when it's ridiculously underpriced but turn around to praise the same asset after it must delivered triple-digit return (even after 500--650% ROI in some instances) is the inability to proficiently and efficiently interpret financial statements.

I did highlight the immense potential in PRESCO at about the same time I issued an outperform rating on TRANSCORP @ 97k. Even @ N1.3, I remained resolute in my inquest-based analysis of TRANSCORP but some dude tagged them an epistle.
Today everyone thinks that both coys are the next best thing after sliced bread.

Not surprised though. Afterall, people also argued with me about FIDSON @ N1.1, PZ @ N4, WEMA @ 55-58k, NEIMETH @ 38--40k, UACN @ N4+, GUINESS @ N14+, UNILEVER @ N10+, ,GSK @ N5, UPDC @ 70k, STERLING @ N1.4, ACEESS/UBA swaps @ N8--9.7, ZENITH @ N9+, GTB @ N17... to mention a few.
Today most folks are excited about the present and future prospects of these coys.

I recall stating in very clear terms why I'd gladly swap OKOMU for PRESCO or assign a much higher portfolio weighting (ref:70/30) in favour of the latter following a comparative analysis on both coys. ...with the former trading @ near 80% premium to the latter at the time.
But then again, someone called it an epistle because according to him, PRESCO didn't declare a good enough dividend.

In recent times some have also argued about certain coys, but I always pray that God should continue to preserve us alive so we live long enough to see how TIME sets matters straight as always.
...everyone knows I LOVE Mr. Time.

It is well

Agbalowomeri:


Q3 rain/storm Lol

Hopefully, 25 should be a good support

Can you equally put time frame on this #25 if no news comes out.I don't like to put things on infinity . I always put time frame on my calls so we can compare note.

onegentleguy:




Conservative FVE for PRESCO is @ N561.9 at present, so the stock is a buy @ CMP.

But as you know; I always prefer to be an "early bird".
Why didn't you key in before now? PRESCO was trading for less than N57 when I put out the post above.
Someone sent me a mail earlier asking if CHAMS is a buy @ the CMP, and my response was simple; why didn't you take position when I was practically screaming about the stock @ 20--21k.

The reason some folks will argue about the value accretive stance of an asset when it's ridiculously underpriced but turn around to praise the same asset after it must delivered triple-digit return is the inability to proficiently and efficiently interpret financial statements.

I did highlight the potential in PRESCO @ at about the same time I issued an outperform rating on TRANSCORP @ 97k. Even @ N1.3, I remained resolute in my highlight on TRANSCORP but some dude tagged them an epistle.
Today everyone thinks that both coys are the next best thing after sliced bread.

Not surprised though! Afterall, people also argued with me about FIDSON @ N1.1, PZ @ N4+, WEMA @ 55-58k, NEIMETH @ 38--40k, UACN @ N4, GUINESS @ N14+, UNILEVER @ N10+, ,GSK @ N5, UPDC @ 70k, STERLING @ N1.4, ACEESS/UBA swaps @ N8--9.7, ZENITH @ N9+, GTB @ N17... to mention a few.
Today most folks are excited about the present and future prospects of these companies.
I recall stating in very clear terms why I would OKOMU for PRESCO or assign a much huge potential weighting (ref:70/30) in favour of the latter when the former was trading for near 80% above it.

Again someone called it an epistle because according to him, PRESCO didn't pay a good enough dividend.

In recent times some have also argued about certain coys
I always pray that God should continue to preserve us alive so we live long enough to see Mr TIME sets matters straight as always.
...everyone knows I LOVE Mr. Time.

It is well

You are doing well

onegentleguy:




Conservative FVE for PRESCO is @ N561.9 at present, so the stock is a buy @ CMP.

But as you know; I always prefer to be an "early bird".
Why didn't you key in before now? PRESCO was trading for less than N57 when I put out the post above.
Someone sent me a mail earlier asking if CHAMS is a buy @ the CMP, and my response was simple; why didn't you take position when I was practically screaming about the stock @ 20--21k.

The reason some folks will argue about the value accretive stance of an asset when it's ridiculously underpriced but turn around to praise the same asset after it must delivered triple-digit return (even after 500--650% ROI in some instances) is the inability to proficiently and efficiently interpret financial statements.

I did highlight the potential in PRESCO @ at about the same time I issued an outperform rating on TRANSCORP @ 97k. Even @ N1.3, I remained resolute in my highlight on TRANSCORP but some dude tagged them an epistle.
Today everyone thinks that both coys are the next best thing after sliced bread.

Not surprised though! Afterall, people also argued with me about FIDSON @ N1.1, PZ @ N4+, WEMA @ 55-58k, NEIMETH @ 38--40k, UACN @ N4, GUINESS @ N14+, UNILEVER @ N10+, ,GSK @ N5, UPDC @ 70k, STERLING @ N1.4, ACEESS/UBA swaps @ N8--9.7, ZENITH @ N9+, GTB @ N17... to mention a few.
Today most folks are excited about the present and future prospects of these companies.
I recall stating in very clear terms why I would OKOMU for PRESCO or assign a much huge potential weighting (ref:70/30) in favour of the latter when the former was trading for near 80% above it.

Again someone called it an epistle because according to him, PRESCO didn't pay a good enough dividend.

In recent times some have also argued about certain coys
I always pray that God should continue to preserve us alive so we live long enough to see Mr TIME sets matters straight as always.
...everyone knows I LOVE Mr. Time.

It is well

You are doing well.Pls hence forth put time frame too on this calls.My years in the market has come to tell me that good fundamental stocks will always appreciate over time.This numbers you mentioning are sometimes 4 /5 yrs ago.I once bought the same presco long ago at #29, dangota cement at #145 They are now history because I have sold them.
To be sincere any call that does not perform within 12 months is nothing special for fundamental sound stocks because they must deliver over time if the call is anchored on infinity. Imagine me saying I discovered value in ucap many yrs ago at #1..

Today's Top Volume Trades

Streetinvestor2:
You are doing well.Pls hence forth put time frame too on this calls.My years in the market has come to tell me that good fundamental stocks will always appreciate fover time.This numbers you mentioning are sometimes 4 /5 yrs ago.I once bought the same presco long ago at #29, dangota cement at #145 They are now history because I have sold them.
To be sincere any call that does not perform within 12 months is nothing special for fundamental sound stocks because they must deliver over time if the call is anchored on infinity. Imagine me saying I discovered value in ucap many yrs ago at #1..

Most of the coys in that post delivered their double-digit % return within a 1--2 yr timeline. Except for a few, like GSK which turned up after nearly 3 years.
That's definitely not a lengthy time to amass that kind of ROI. (1--3 yrs is mid-term)

PRESCO was just 2 yrs ago. (that post was in early 2022)
The stock was trading for N57+ at the time.
I can clearly recall how a certain HNI took a key position in the stock after I gave the green light. And Yes, I charged a fee for that, so someone doesn't assume that I give everything for free.

We know what we give, so sometimes we attach a fee to it, at least to compensate for the often rigorous effort devoted to arriving at valid conclusions.

The later part of your post is your opinion, so i've got absolutely no response to that. ...because doing so would infer you do not fully understand the connection between fundamental analysis and long-term investing, especially for a self-acclaimed "old bird" in the equities market.

It'll be utterly unnecessary to start mentioning the many coys we've highlighted in time past that delivered appreciable returns in a matter of weeks and a few months, sometimes, even days. ...totally unnecessary!
I do NOT need to prove anything my dear. ...not to you, or anyone else for that matter.
I've always said that am still a learner.

Do take care

@OGG, the best NSEMPA acknowledged stock picker, though I do not and had never follow your picks. My humble view.
"There appears to be no investment value in a call that lacks a specific timeframe. It arbitrarily targets all listed equities on the exchange. A genuine stock picker with a proven track record must demonstrate their skills within a three-month period. Any claims beyond this timeframe are likely self-promotional and indirectly market to uninformed subscribers. You can benefit forum members by sharing a screenshot of your wealth portfolio, which would convince more novices to join your subscription service. As a licensed financial advisor, which you are, showcasing your portfolio's performance would silence skeptics and encourage them to utilise your services.

Mankind2024:
@OGG, the best NSEMPA acknowledged stock picker, though I do not and had never follow your picks. My humble view.
"There appears to be no investment value in a call that lacks a specific timeframe. It arbitrarily targets all listed equities on the exchange. A genuine stock picker with a proven track record must demonstrate their skills within a three-month period. Any claims beyond this timeframe are likely self-promotional and indirectly market to uninformed subscribers. You can benefit forum members by sharing a screenshot of your wealth portfolio, which would convince more novices to join your subscription service. As a licensed financial advisor, which you are, showcasing your portfolio's performance would silence skeptics and encourage them to utilise your services.

Abeg na... This message sha

Tony has done very well in the last 10 years

I came to the same thought on UBA also that it likely invests in the TE ecosystem. That UBA will likely not have high levels of impairment costs compared to other banks going forward. I was not surprised a couple of years back when a couple of international Nigerian banks were impacted by Ghana credit issues with impairment costs and UBA was not impacted. As UBA had a better funnel to put funds to work in TE ecosystem.

Mankind2024:
I'm betting on Tony Elumelu ecosystem to outperform the index by Dec 2024.
Why I Decided to Invest in Tony Elumelu-Listed Companies and ecosystem.
As a contrarian, long-term self-investor, I have been analyzing and following these companies since 2017:
* UCAP Plc
* Transcorp Hotels Plc
* Transcorp Plc
* UBA Plc
* Afriprudential Plc
*2024 - Transcorp Power Plc
Reasons for My Investment Choices
* UCAP Plc: I believe UCAP Plc is on track to reach a predictable N60 per share by 2028 assuming a slow growth rate and conservative capital appreciation. It is well-positioned to provide infrastructure funds, capital raising, and short- and long-term lnvestment banking services for the listed companies in the ecosystem.
* UBA Plc: UBA Plc is likely to be the primary bank for this group of companies, UBA will provide the capital ingredients for the ecosystem. If TE releases the capital trapped in UBA, it would be one of the most capitalised Banks.
* Afriprudential Plc: Afriprudential Plc is the designated registrar for all the mentioned companies and the ongoing potential for diversity.
* Transcorp Plc: Transcorp Plc is a conglomerate with valuable assets under management.
* Transcorp Power Plc: I view Transcorp Power Plc as a promising company with significant future earnings potential within the Tony Elumelu ecosystem. .
* Transcorp Hotels Plc: The annual meetings for these companies are likely to be held at Transcorp Hotels Plc. The hotel is also a designated Choice for VIP dignitaries in Abuja, the Ongoing Lagos Transcorp Hotel project is another winning stroke.
Investment objective
In ten years, I believe a new seed of N10 million investment in this ecosystem could potentially return value to investors.
Tony Elumelu is a TORTOISE investor. Journey with him from afar and join the next generation of NGX Billionaires.

Disclaimer
This is not a financial advice.

Yes, you're a good thinker. You don't need to rely on stock pickers if you understand the dynamics of TE (Tony Elumelu). I recall that in March 2023, I disputed and rejected the technical analysis by Agbalowomeri et al. that predicted Transcorp plc would trade at below N1.00, when the stock was stagnant at N3.00+. Three months later, the stock soared to N7+. Just yesterday, I made a post about the TE financial ecosystem and my willingness to bet N10M on it. Today, the story is different. We don't need subscribers for this kind of call. Serving humanity is the best way to serve Almighty God. Even the best investment analysts, fund managers, and stock pickers don't always beat the index without a bit of luck. Currently, I'm ahead of inflation and the mid-year index due to diligent research and a bit of luck, not because of technical analysis (TA) or fundamental analysis (FA), but rather my unwavering commitment to my investment objectives. I hyperinvest my little earnings.

BabsO2:
Tony has done very well in the last 10 years

I came to the same thought on UBA also that it likely invests in the TE ecosystem. That UBA will likely not have high levels of impairment costs compared to other banks going forward. I was not surprised a couple of years back when a couple of international Nigerian banks were impacted by Ghana credit issues with impairment costs and UBA was not impacted. As UBA had a better funnel to put funds to work in TE ecosystem.

I think I'm gonna be posting a snapshot of my portfolio at the start of each quarter cause that was the second b2b quarter of 40%+ returns. Also because streetinvestor is always mocking me for not dropping advise. That being said, i will never recommend anyone to invest in what i don't have stake in. DD advised as always.
Side note: I'm still upcoming so don't laugh at my portfolio. I have 45m in cash that i will use to average down if needed.

Nice one BullBearMkt on CWG based on TA.i don't even know what the company does or will I say never really checked.

bovali:
I think I'm gonna be posting a snapshot of my portfolio at the start of each quarter cause that was the second b2b quarter of 40%+ returns. Also because streetinvestor is always mocking me for not dropping advise. That being said, i will never recommend anyone to invest in what i don't have stake in. DD advised as always.
Side note: I'm still upcoming so don't laugh at my portfolio. I have 45m in cash that i will use to average down if needed.

Chai. This woman get money.

DS/NS news can take it to 110k...

lionshare:
oh well we can only hope😀

bovali:
I think I'm gonna be posting a snapshot of my portfolio at the start of each quarter cause that was the second b2b quarter of 40%+ returns. Also because streetinvestor is always mocking me for not dropping advise. That being said, i will never recommend anyone to invest in what i don't have stake in. DD advised as always.
Side note: I'm still upcoming so don't laugh at my portfolio. I have 45m in cash that i will use to average down if needed.

Lol,abeg oh..It will be nice to see your calls oh not really your portfolio unless you decided to do so.If it get any portfolio I want to see now na my number one oga....Emma.. His portfolio na number one expo based on many reasons that align with my strategy

Mpeace:
Chai. This woman get money.

This moniker na woman. If true I salute you

bovali:
I think I'm gonna be posting a snapshot of my portfolio at the start of each quarter cause that was the second b2b quarter of 40%+ returns. Also because streetinvestor is always mocking me for not dropping advise. That being said, i will never recommend anyone to invest in what i don't have stake in. DD advised as always.
Side note: I'm still upcoming so don't laugh at my portfolio. I have 45m in cash that i will use to average down if needed.

cc ogg.follow who know road!

Streetinvestor2:
Lol,abeg oh..It will be nice to see your calls oh not really your portfolio unless you decided to do so.If it get any portfolio I want to see now na my number one oga....Emma.. His portfolio na number one expo based on many reasons than align with my strategy

Those are my calls for Q3, some of them haven't moved in price, so its still possible to get similar or even better entry. I'm particularly bullish on AIICO. Both on TA and fundamentals

Streetinvestor2:
This moniker na woman. If true I salute you

I believe women in finance have more money than our male counterparts in Nigeria cause men don't let us spend our own money. Even the car I'm driving, no be me buy am

KarlTom:
DS/NS news can take it to 110k...

. Or to oga Agba limit!!! Chai. Alhaji Don do me strong thing

Nice one 👍

bovali:
I think I'm gonna be posting a snapshot of my portfolio at the start of each quarter cause that was the second b2b quarter of 40%+ returns. Also because streetinvestor is always mocking me for not dropping advise. That being said, i will never recommend anyone to invest in what i don't have stake in. DD advised as always.
Side note: I'm still upcoming so don't laugh at my portfolio. I have 45m in cash that i will use to average down if needed.

Agbalowomeri:
I branched and looked at the NGSEBNK10
It appears set up for a minibull (maybe Q2 bull)
The daily candles have broken upwards into the cloud which is positive

On the weekly chart, it might be due to a rejection of the cloud on the weekly

So you didn't see the cross of the lagging span above the leading span B at the confluence with trendline and KSL effective breakout. (and retest) some days ago.
Your cloud analysis also didn't spot...

After telling folks to wait for GTCO @ N15, ZENITH @ N10 and ACCESSCORP/UBA @ N5, you've now suddenly come back to say this.
Unfortunately, some persons may have taken this dude seriously.

It is well

onegentleguy:


So you didn't see the cross of the lagging span above the leading span B at the confluence with trendline and KSL effective breakout. (and retest)
Your cloud analysis also. didn't also see..

After telling folks to wait for GTCO @ N15, ZENITH @ N10 and ACCESSCORP/UBA @ N5, you've now suddenly come back to tell them this.
Unfortunately, some persons may have taken this dude seriously.

It is well

Lol...shot fired from AK47.
It is only GPMG that can neutralise it.I am waiting

bovali:
I think I'm gonna be posting a snapshot of my portfolio at the start of each quarter cause that was the second b2b quarter of 40%+ returns. Also because streetinvestor is always mocking me for not dropping advise. That being said, i will never recommend anyone to invest in what i don't have stake in. DD advised as always.
Side note: I'm still upcoming so don't laugh at my portfolio. I have 45m in cash that i will use to average down if needed.

Very good , must have taken you about 5 to 10 years to build this portfolio.


What was the total dividend earned by the portfolio in 2023,?