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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11721778 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 7:13pm On Aug 13 |
Ginalex:Come and beat me now.... I am passing an information... E don cast |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:14pm On Aug 13 |
crownprince2017: Just reduced their debt to less than N2 billion, BUA Cement has debt of about N700 billion, Dangote Cement has debt of N1.6 Trillion. Currently has the highest Return On Invested Capital in the industry. A whooping N33 billion was used to pay down debt in Q2. This won't happen in Q3 and Q4 therefore there will be more money for shareholders 9 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 7:14pm On Aug 13 |
debeey87: Thats too long ...self.. Some of us bought just above a N1000/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 7:15pm On Aug 13 |
emmanuelewumi:lafarge don cast though it is one of my retirement stock. I am heavily invested in it.ler them be doing follow follow..I was not impressed with the H1 but I realised I t cut across that sector |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 7:16pm On Aug 13 |
emmanuelewumi:Bua cement don cast oooo... so this is the reason for the chest full of offer |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:16pm On Aug 13 |
Mfunkynation: Do you have figures to back that. Although I still expect banking stocks to lose 15% to 20% in the next 9 months. Due to the current capital raising exercise in the sector. My opinion though 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 7:16pm On Aug 13 |
Ginalex: Salt is going to 20 naira. Na Current Price tell me ooo. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:17pm On Aug 13 |
Mfunkynation: I don think so. |
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 7:17pm On Aug 13 |
Mfunkynation:🌚🌚🌚 Dividend dey to use hold body |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 7:20pm On Aug 13 |
Ginalex:hahahaha 🤣🤣🤣🤣... |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:21pm On Aug 13 |
ositadima1: I pray it gets to even below 20 so I can load more... The ones I loaded not enough oooooo |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 7:22pm On Aug 13 |
yMcy56: When sugar was 30+ i talk am say dangote and his boys no go fit shake me commot. I talk am again, ... even if sugar go down to N10, no shaking |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:22pm On Aug 13 |
Streetinvestor2: But operating profit increased from N52 billion to N79 bullion. It was the finance cost of over N30 billion which reduced the profit after tax from N35 billion to N29 billion 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:23pm On Aug 13 |
veecovee: If it ever gets to #10 eh na to just sell 10% of my dollars holdings and put in DS |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 7:25pm On Aug 13 |
emmanuelewumi:You see why you be oga to follow. You have given dd findings .It is not buy and thank me later. |
Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 7:27pm On Aug 13 |
ositadima1: e be like say u and current price want collect abi... people blood they hot here today oooo. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 7:29pm On Aug 13 |
Streetinvestor2: This street na wahala person, which be buy and thank me later again. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:30pm On Aug 13 |
This is United Capital current stock coverage. Lafarge is the only cement stock in their radar. 2 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 7:30pm On Aug 13 |
Breaking news International breweries has resurrected. Pls buy tomorrow. DD not necessary |
Re: Nigerian Stock Exchange Market Pick Alerts by brotherly: 7:34pm On Aug 13 |
The only potential risk for Oando is being delisted; otherwise, there's no cause for concern. The Okpai power plant alone justifies a valuation well above 40 Naira per share, and that doesn't even take into account their oil and gas assets I entered @ 12 naira ...but we don build tent here ....na who get mind go last. 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 7:39pm On Aug 13 |
emmanuelewumi: WAPCO needs to pay more than 2 naira in dividends if it wants its stock price to soar. The current 2 naira dividend places it in the 26 to 50 naira price bracket. I don't have any evidence to back up my claim, only Monte Carlo simulations. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by brotherly: 7:42pm On Aug 13 |
emmanuelewumi:Meristem, Vetiva, afrinvest, Ucap and futureview are all recommending a buy for Wapco this week. Infact make I go top up. Their H1 result didnt look fantastic but your insight on their debt repayment makes sense, 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by femu(m): 7:43pm On Aug 13 |
emmanuelewumi: Opportunity to buy more. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:48pm On Aug 13 |
ositadima1: Made EPS of N1.88k in H1, N33 billion was used to pay debt in Q2. That is equivalent to EPS of N2.00 used to service loan. Since they are done working for the banks, I am expecting a full year EPS of about N5.70k. With a debt of N1.6 Trillion by Dangote cement at 20%, that will be about N320 billion that would be used as inteest expenses. With debt of N700 billion by BUA at 20%, that will be about N140 billion that would be paid to banks instead of shareholders. By the way interest rate is currently at 25% and both banks don't have a ROIC of over 25% 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:49pm On Aug 13 |
brotherly: Never knew this. They must have seen what I saw 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:52pm On Aug 13 |
emmanuelewumi: Na rubbish recommendations dey this list Lol |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:53pm On Aug 13 |
By the way Lafarge has a new chairman im person of Mr Gbenga Oyebode SAN. He became the chairman during Q2. He is the Chairman of Okomu Oil, he was chairman of Access Bank and was a non executive director at MTN 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:54pm On Aug 13 |
1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:56pm On Aug 13 |
emmanuelewumi: Make Una ready to use bank shares to do duvet after fund raising |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:03pm On Aug 13 |
emmanuelewumi: You mean both Dangote Cement and BUA Cement? This is part of what made me run from Dangote Sugar. If I had bought most of it below 18 naira, I would have tried my luck, but at the price I bought it, I don't want to take risks since I was doing long-term investment. Banks currently lend at 25%; a company's Return on Invested Capital (ROIC) needs to be above that before considering shareholders' gain, and it's worse when equity is negative. Anyway, I'm deviating from our main discussion, which is WAPCO. If WAPCO is able to pay 3 naira in dividends, then my valuation would move to the 41 to 82 naira range. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 8:09pm On Aug 13 |
ositadima1: Return on Invested Capital gives a better picture of the company compared to Return on Equity. Because ROIC will divide the Net Operating Profit After Tax by the Invested Capital ( equity +short and long term debts) 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 8:34pm On Aug 13 |
Mfunkynation:no downward movement they fear us....whether #10,we buy more...remember covid year |
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