edwardaigb:

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 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

nosa2:


https://www.investopedia.com/articles/fundamental-analysis/09/five-must-have-metrics-value-investors.asp

happy hunting

Mankind2024:
Remember these companies are posed to replace human with humanoid robots. Some of the workers in battery production plants have been replaced by humanoid.

https://fortune.com/2024/07/03/elon-musk-tesla-bill-gates-obliterate-short-sellers-ai-robots-autonomy/

https://cleantechnica.com/2024/07/02/tesla-tremors-in-the-q2-force-make-us-wonder-whats-next/

Payunsin:
[some here believe Oando is dead yet iitd still acquired Agip assets. It is like an impotent person impregnating a woman.
I am in the bus, the story go soon clear
uote author=Bagwa post=130780372]Oando at 100

https://nairametrics.com/2024/07/03/nuprc-announces-the-completion-of-oando-nigeria-agip-oil-company-acquisition-deal/

GracefulLau:


Amen o
All of us dey the bus

Payunsin:
[some here believe Oando is dead yet iitd still acquired Agip assets. It is like an impotent person impregnating a woman.
I am in the bus, the story go soon clear
uote author=Bagwa post=130780372]Oando at 100

https://nairametrics.com/2024/07/03/nuprc-announces-the-completion-of-oando-nigeria-agip-oil-company-acquisition-deal/

bovali:

Acquisition that’s been priced in since

sky2891:
https://doclib.ngxgroup.com/Financial_NewsDocs/41618_OANDO_PLC-OANDO_PLC_-_PRESS_RELEASE__CORPORATE_ACTIONS_JULY_2024.pdf

Payunsin:

The story go soon clear as I said earlier.
We in the bus are patient gamblers, in fact I bought majority of my stake at ₦5.50.
We dey bus, not alighting half way.

.

Payunsin:

The story go soon clear as I said earlier.
We in the bus are patient gamblers, in fact I bought majority of my stake at ₦5.50.
We dey bus, not alighting half way.

.

SonofElElyonRet:


At N5.50 you are no gambler my friend

SonofElElyonRet:


At N5.50 you are no gambler my friend

sky2891:
https://doclib.ngxgroup.com/Financial_NewsDocs/41618_OANDO_PLC-OANDO_PLC_-_PRESS_RELEASE__CORPORATE_ACTIONS_JULY_2024.pdf

OANDO PLC ANNOUNCES A DELAY IN THE PUBLICATION OF ITS 2023 AUDITED
FINANCIAL STATEMENTS

megawealth01:


Na gamble jare na just sure gamble E be

BabsO2:


Became sure gamble with buy out offer joor.
Without na pure gamble.

bovali:


No statements till September. Stock will be in limbo till then. Good luck to the gamblers, we will rejoin you at 9-10 Naira. Looking forward to how the market reacts tomorrow, particularly JSE

Streetinvestor2:
like seriously. I thought you have issues with wale and will not go near oando like some of my ogas here.it is obvious all you want is the price to come down within your range so that you can buy,lol...No further comment

bovali:


Difference is that Oando actually has revenue we can see. There’s no revenue on Japaul

bovali:


That’s my whole point. Cause even if you inject 3 trillion today, they will still find a way to make loss. It’s mind boggling

bovali:

I swear lmao. Until that thing closes above 16 Naira, all this one is just story. Even the first link he used as reference, oando was 14.6 Naira in September 2023. Today it’s is 15 Naira. Almost one year after. Abeggi

BabsO2:


Buying at N5.50 is a gamble if bought before the N7.07 buy out offer

BabsO2:


Became sure gamble with buy out offer joor.
Without na pure gamble.

SonofElElyonRet:


No.. right now na guaranteed minimum returns of N7

LordAdam16:


Most have urged you to be cautious in your dealings in the US stock market--particularly the tech-centric plays.
Please do not disregard that counsel or feel like you have to dig in because fortune favors the brave.
Pick up the phone and talk to any experienced IT folk you know to understand the fundamentals and don't just be drawn to the shiny, exciting promises.

For instance, on Tesla; analysts misjudged EV demand, so sales of its core product are not as hot as they should be.
Musk in putting out aggressive robotaxi and humanoid robot projections to buy time until Tesla's low-cost mass-production $25K car is available.
Waymo (a subsidiary of Alphabet) already operates robotaxis in SF. Seriously, download the app here https://waymo.com/waymo-one/. We've had lights-out manufacturing for years and progression of industrial automation is bonkers. Look it up. Elon is not going to Chat-GPT that sh*t by the end of this year.

All of this is to say, don't get caught in the hype.
Netflix was the rage until it wasn't. Tech will continue to dominate but knock your expectations down a peg or two and don't summarily dismiss opposing viewpoints. It'll help you ride the wave brilliantly and more importantly keep your gains.

-Lord

yMcy56:
Will book profit when it delivers +500% or more. ....lol.

- The shareholding structure as at the last fye, Q4 2022 still looks 'amazing' .......around 2.47Billion domicile with Ote$$ and his cronies.......
- Only a paltry 28 to 30Million in the investing public.....
- By Q1 2023, we'll review the shareholding structure again.
* Make Una wait for una Transcorp, it's time too go still come.

yMcy56:
GEREGU
In another news, FEDA, a subsidiary of Afrexim Bank acquired 5% stake in GEREGU shares........in an off market deal yesterday 21st Feb. 2023
* First major Foreign investment in Nigerian publicly quoted company in 2023
* China's largest power company also own investment in Geregu Power
Share price up with +22.40...........Sighted @246.40..

https://nairametrics.com/2023/02/21/afrexims-feda-completes-acquisition-of-5-ownership-of-geregu-power-plc/
https://doclib.ngxgroup.com/Financial_NewsDocs/37662_GEREGU_POWER_PLC%20NOTIFICATION_OF_PURCHASE_OF_SHARES__C.pdf

Mpeace:
Geregu is 900 naira. I just dey laf

bovali:
No statements till September. Stock will be in limbo till then. Good luck to the gamblers, we will rejoin you at 9-10 Naira. Looking forward to how the market reacts tomorrow, particularly JSE

essentialone:
eTranzact Plc, a leading e-payment gateway company, has announced the expansion of its utility bill payment solutions to the northern region of Nigeria. Residents of Jos, Bauchi, and Kaduna can now effortlessly top up their electricity bills using the Powercode service by simply dialing *389# on their mobile phones and following the instructions. This expansion underscores eTranzact’s commitment to providing Nigerians with an easy and convenient lifestyle. Group Head, Financial Services and Collections at eTranzact, Abimbola Reis, expressed the company’s dedication to improving accessibility for all Nigerians: “At eTranzact, we are passionate about leveraging technology to make everyday tasks easier for our customers. By extending our Powercode service to the northern region, we are ensuring that more Nigerians can enjoy a seamless and convenient experience when managing their utility bills.” Powercode is a simple self-service electricity payment solution that allows people to manage their utility payments using USSD codes on their mobile phones. It is already available in several Nigerian cities including Abuja, Enugu, Ibadan, Benin City, Kano, Port-Harcourt and Lagos. This service, provided by eTranzact, makes it easy and convenient for users to pay their utility bills without needing internet access.

BuchyD:


Let's hope this news will make the stock shake body at least small..... It's been falling yakata for a while now