Streetinvestor2:
E be like you dey target to buy one of those properties under you.1000k journey go make many people go contest for governorship for thr state..lol

aj8:
The FBHN trajectory makes common sense only through a bonus issuance. May be a dividend of N1.50 and a 1:4 bonus in which case a price target of N30.00-N32.00 would make sense.

Please this is not an investment advice. Hopefully an intelligent guess.

aj8:



My reference price when called was about N10.50. Current price today is N11.70. Here is the calculation based on the strategy

H1=3.77
FY est =3.77 x 2 = 7.54
FY x 4 = 7.54 x 4 = 30.00 approximately

75% 0f N30 = N22

That’s my target. If they pay total dividends of N1.00 or more.

So My Target is N22.00

Please do your DD .

gbengafaro1986:
strange....UCAP didnt run us our coins

dammybrite:



They did, although it was late in the night that I got it too

dammybrite:



They did, although it was late in the night that I got it too

KarlTom:
...

KarlTom:
...

chimex38:

NUPRC Vs Dangote Rift
One Week.. One Trouble

Raider76:
I am developing what I will call NSEMPA Sentiment Index. Over the weekend I will go through all posts and count the number of times a stock is mentioned, and whether a buy or sell if indicated. Other parameters can be added later in further development.

I will add that I do have a bit of free time since I am not working for anyone right now.

Mpeace:
If dang refinery knows whats good for them, they better forget Nigerian crude and market, buy abroad and sell his products abroad. Nogeria is not a serious country. Its still in the hands of evil men.

chimex38:


The Irony is that some of the IOCs he will meet internationally for crude are probably the same ones in our backyard.. They may have storage tanks and other proxy subsidiaries overseas as the trading arm of the same crude they explored From Nigeria..

In that sense, they sell these crude that left the shores of this country back to him at a premium of between-->$2-$4 plus other transport cost and logistics .
eee get as ee be.

On Buying Abroad and Selling Abroad only.
ee also get as ee be.

That premium wey u see...
Na one cabal sit down for that angle they chop...
Thats why business is difficult in Nigeria..
Cabal for everywhere .


Dangote is trying not just to be a Businessman but a BusinessNigerian.

chimex38:


The Irony is that some of the IOCs he will meet internationally for crude are probably the same ones in our backyard.. They may have storage tanks and other proxy subsidiaries overseas as the trading arm of the same crude they explored From Nigeria..

In that sense, they sell these crude that left the shores of this country back to him at a premium of between-->$2-$4 plus other transport cost and logistics .
eee get as ee be.

On Buying Abroad and Selling Abroad only.
ee also get as ee be.

Dangote is trying not just to be a Businessman but a BusinessNigerian.

Raider76:
I am developing what I will call NSEMPA Sentiment Index. Over the weekend I will go through all posts and count the number of times a stock is mentioned, and whether a buy or sell if indicated. Other parameters can be added later in further development. This will give a small weekly data base from which I will develop some form of an indicator to guide people as to which stocks are hot, and so on. In further development one may take the data daily and have periodic totals and averages. This system is commonly used in search engines, polling and market survey software.

So before I go on with it I want to know what people think about the idea. Is it a sensible, workable, or a stupid useless idea? Is someone already doing this or something similar? What may you add to make it better?

I will add that I do have a bit of free time since I am not working for anyone right now.

Zagee:



I like the initiative. I think Osita does something like this, but with that his <can't remember> technique he uses.😁

I'm guessing you'd be running a sentimental analysis on the forum? If yes, me I just want to see your code block. Please....

chimex38:

NUPRC Vs Dangote Rift
One Week.. One Trouble

The 'sanctity of contract' principle means that legally binding contracts must be honored and upheld by all parties involved, ensuring the integrity and enforceability of agreed-upon terms and obligations.

In normal language you would also say "contract sacredness" instead of "sanctity of contract"
Source:https://www.legalbriefai.com/legal-terms/sanctity-of-contract.

Obvious our Crude Oil had been contracted out.. Especially from the Afriexim bank $3bn loan.

Implication of The Released Statement:

We may not have PMS (Petrol) supply in August from Dangote Refinery (My Opinion

Olaide1295:

Sanctity of contract shouldn’t supersede a law.
If you enter into a contract that violates law of a country, then that’s your own wahala.

KarlTom:
...

Olaide1295:

Sanctity of contract shouldn’t supersede a law.
If you enter into a contract that violates law of a country, then that’s your own wahala.

chillykelly86:


Lawyers in the house should weigh in on this: I think contracts/agreements are only valid to the extent that they conform with the laws of the land. Am I correct?

If so, "sanctity of contracts" shouldn't be placed above provisions of the PIA act.

Agbalowomeri:


Lol na OGG get multiple handles for here. Wetin I wan use second handle do

Mankind2024:
This is an national dilemma. Nigeria signed the Petroleum Industry Act (PIA), yet the country also used untapped crude oil to borrow money. Remember that crude oil, as a commodity, is sold in future-dated contracts, which can only be broken by force majeure. However, the demand of Dangote Refineries does not fall under force majeure. The traders who paid for crude oil in advance, before the completion of the refinery, are also entitled to receive the crude oil.

Toluway:

You and OGG sha! I know he will come for you, on this this, with a long technocratic epistle later.

Olaide1295:

Sanctity of contract shouldn’t supersede a law.
If you enter into a contract that violates law of a country, then that’s your own wahala.

Streetinvestor2:
Is this the strategy u use in all your buying? If so wahala dey for many stocks That means you can't buy many stock.Then this your 4 yr time frame is not applicable in many businesses. That said, is good to adopt a strategy you believe works for you
Any business on negative or no eps cannot be considered for buy