yMcy56:
OANDO!
Money spinner in Town!
Sighted @24.55

Bagwa:
https://doclib.ngxgroup.com/Financial_NewsDocs/41858_PRESCO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

dapix:
See as people Abstained from Afriprud!!!

Bonus Hunters

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

onegentleguy:


C&I LEASING'S financial print is extraordinarily spectacular!

For those in, hold that asset like your life depends on it... Infact, be overprotective of it!

Conservative FVE now N9.15 which is WELL ABOVE the previous guide of N6.71.
That's an over 196% discount from the last traded price of N3.09.




Rating: outperform!

BUY... ACCUMULATE... HOLD!

Enough said.

yMcy56:
OANDO!
Money spinner in Town!
Sighted @24.55! Full bid

AFRIPRUD
Offers at 9.45 are being cleared.....
Let's see how it goes...

OANDO!
Money spinner in Town!
Sighted @24.55! Full bid

mikeapollo:


OANDO!
Money spinner in Town!
Sighted @24.55! Full bid

Shhhhh!
Why are you making noise about Oando? It may sound very irritating to non-gamblers
Please let us just keep quiet and watch how it goes until el-dorado!

Let us also respect ProphetUtuocha. His ministry and prophecies may not be fake, even if he doesn't have the real anointing!

purity2all:

Has NGX lifted its supension on C leasing?

onegentleguy:


C&I LEASING'S just released 2023 YE financial print is extraordinarily spectacular!

For those in, hold that asset like your life depends on it... Infact, be overprotective of it!

Conservative FVE now N9.15 which is WELL ABOVE the previous guide of N6.71.
That's an over 196% discount from the last traded price of N3.09.
...analysis later.

Rating: outperform!

BUY... ACCUMULATE... HOLD!

Enough said.

Mankind2024:
Nigeria's Banking Sector: Rights Issue Conundrum
the Federal Government of Nigeria (FGN) introduced a 70% tax on forex gains for 2023-2025, further eroding investor confidence.

The Dichotomy of RI Prices and Market Prices:

Investors face a dilemma: RI prices are higher than current market prices, making it unattractive to subscribe. The disparity has led to a decline in banking stocks, with prices continuing to drop. To mitigate this, investors should:
- Exercise caution when considering RI subscriptions
- Monitor market trends and prices
- Wait for banks to reassess and adjust RI prices

A Call to Action for Banks:
To salvage the situation, banks must:
- Reassess and adjust RI prices to below current market prices
- Engage with investors to rebuild trust
- Demonstrate transparency and responsiveness to market dynamics
The rights issue conundrum in Nigeria's banking sector demands prompt attention. Banks must acknowledge the misstep and take corrective measures to restore investor confidence.
By adjusting RI prices and engaging with investors, banks can mitigate the downward trend in share prices and ensure a more successful rights issue.
Investors, in turn, must remain vigilant and informed to navigate this challenging landscape.

mikeapollo:


OANDO!
Money spinner in Town!
Sighted @24.55! Full bid

Shhhhh!
Why are you making noise about Oando? It may sound very irritating to non-gamblers
Please let us just keep quiet and watch how it goes until el-dorado!

Let us also respect ProphetUtuocha. His ministry and prophecies may not be fake, even if he doesn't have the real anointing!

Emndy:
I am only giving the info cos, I have also benefited from free firsthand info on this platform (on other stocks ofcourse).

Those who have Oando units and want to selloff now due to the seeming pullback, should wait for another ride. Don't sell today.

yMcy56:

Financials has been filed
Suspension will be lifted anytime from now......

Meanwhile, if you get your OANDO, still hold am tight.

Peter! Peter!! Where are you?
Don't come and go and spoil that bumper you dey hang on o 😁

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Princkez:
Were is OANDO prophet....

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Testimonies777:
Stones, early in the morning. PLS LET PEACE REIGN BIKO!

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

SonofElElyonRet:


But you were here when news broke that court ruled only those minority shareholders who want buy out should be bought out.. na dat time me i risk am enter at N18.50. Sold chams ellah Japaul and access and plunged into Oando with fast beating heart. Fortune favours the bold and risk takers... p.s. do not invest more than you are prepared to lose

Adinije:
When NASCON go take a break from fall.

Choiceguy:


Village people is after my me.
Pastor Agba, what is going on Oando. bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Agbalowomeri:


Person dey return home, you wan stop am for road? No place like home biko😂