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Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:12am On Aug 15 |
onegentleguy: I don't use cash. For my Invested capital I use the shareholders fund, short term, long term loans and leases. I am a lazy investor, so I prefer the short cut and no loooong thing |
Re: Nigerian Stock Exchange Market Pick Alerts by Quitmast: 10:20am On Aug 15 |
KarlTom:Hahahaha. If I tell you, I might lose it. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 10:24am On Aug 15 |
" O Dodo.... E don do now....
make we breathe small capitals ni 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 10:54am On Aug 15 |
emmanuelewumi: Then you probably didn't understand my post. (you may wish to read through it again) Your initial formula which failed to exclude the non-operating cash component of TIC is essentially doing the very opposite of what you stated in that part in bold. Not using cash or not incorporating the cash component is when you deduct the non-operating cash asset, especially the cash not utilized during the business period from the formula for total invested capital. ...doing otherwise implies you have factored in unused cash in estimating TIC, which invariably reduces ROIC. This is the fact! Unless you're looking to work with a less than normal/conservative TIC figure. Same methodology should also be applied when calculating your CROIC, EVA (economic value added) and other TIC-based valuation drivers. But of course it's fine if that's how you've chosen to run your estimate. Regards |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 11:00am On Aug 15 |
Mfunkynation: Where dat guy dat say da tin go turn today? |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:03am On Aug 15 |
Casting Casting Casting oando My betnaija stock likely to do its last Casting tomorrow. I hope it creates opportunity for my third batch of accumulation which target was #30. The decision to buy hold or sell is your business 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 11:04am On Aug 15 |
Mfunkynation: Na so. If you haven't sold by now, I believe there is no need to sell again. If it drops below your cost price, top up. There is nothing unusual in what is happening. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:05am On Aug 15 |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:06am On Aug 15 |
... Streetinvestor2: |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 11:26am On Aug 15 |
onegentleguy: Short term and long term debts are interest bearing loans and are used. The other formula whereby non interesting bearing current liabilities are removed from the total asset and non operating cash or excess cashi usually give a very high ROIC and CROIC. I used it in the past but not again. How do I estimate my operational cash, I use 5% of the revenue generated by the business. Any cash that is more than 5% of the revenue, I term it as excess cash or non operational. The summation of the equity , short term debt, long term debts and lease is easier, less complicated and more conservative for me |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 11:33am On Aug 15 |
I recommend this book. It will expand your investment knowledge and wisdom 7 Likes 1 Share
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Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:39am On Aug 15 |
Hello @Bagwa You seem to have taken a 'break' since Monday. Trust you're good... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 11:41am On Aug 15 |
Raider76:You mean "Oando Up Up" 😅😅 |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:44am On Aug 15 |
Omooloriredade: I wonder how people worry and disturb themselves unnecessarily about Oando's price. For those who may want to make some good cash from Oando in the short term, they may feel worried about the recent fall in price. But I have said it severally that Oando is a huge money spinner for those who are playing for the long-term. Such people should not be bothered with this momentary loss in price. In fact, I would be happy if the price falls to below N20 or even around N10 in the next few days or weeks (short term) so that I can load more and more units. My focus is when Oando releases their 2024 full year results and 2025 half year results. That is when the prospects would begin to manifest clearly. Any price movement before then cannot worry or move me, except to use it as opportunity to buy more units. My target is to wait patiently and eat the fattest meat in the long term, and not to be running around chasing bones in the short term. Guys are lurking around to make billions! 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:44am On Aug 15 |
emmanuelewumi: You probably didn't read my initial post to the end. What you stated in the part in italics is EXACTLY what I meant when I said; "there are several ways to extrapolate for the non-operating cash asset both from a coys SPL and her BS." (refer to my initial revert again) ...there are also a few other techniques on this. When you use the fixed % revenue or even WC derivation to estimate the working cash and in turn extrapolate the non-operating cash component, your ROIC won't be that high as alluded. The goal is to ensure you have a better picture of the coys TIC and a more precise estimate for ROIC. In any case, I see you're comfortable with what you have. ....whatever works for you bro! Selah |
Re: Nigerian Stock Exchange Market Pick Alerts by Stan2330(m): 11:46am On Aug 15 |
emmanuelewumi:Can it be sent to my email I’ll love to read Thank you sir |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:47am On Aug 15 |
KarlTom:Why won't he take break? He should stay so they can be pouring insult on him? Some people are just so immature and aren't ready for what investment is all about. See some crying over pullback in OANDO, maybe they forgot that quite some people picked it much lower......and possibly waiting to top up or re-enter after selling with profit. Kids everywhere you go on Nsempa, not even about years of investing for some. Yet to read their hate posts on RT that's been firing on since below N1....@1.83 today.....the day that one decides to take a break, you'll see them crying upandan the thread. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 11:50am On Aug 15 |
ihedioramma:Which year is this? Are you an acheologist?😁 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 11:55am On Aug 15 |
ihedioramma:Ihedi, long time no see. Good to always hear from the veteran of this forum. ONE LOVE. |
Re: Nigerian Stock Exchange Market Pick Alerts by Emir01: 11:55am On Aug 15 |
Painting everywhere red |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:02pm On Aug 15 |
Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 12:09pm On Aug 15 |
yMcy56:No mind them. I don't know what is so special in Oando going down or being on offer, after all, it was on bid for weeks too. Meanwhile, be on the look out for anyday or time the offer start to dry, there is money to be made there if one is lucky to pick before the offer dry up. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:16pm On Aug 15 |
KarlTom: Last time I saw him was when Oando was on full bid and he was looking for someone with 10k to 20k units to sell, probably for a client. Perhaps he has now gotten it cheaper. |
Re: Nigerian Stock Exchange Market Pick Alerts by ALOBAM: 12:20pm On Aug 15 |
I also skip the cash part and just focus on the shareholders' equity, debt, and leases. It's simpler and works well enough for me. |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:39pm On Aug 15 |
God we dey your hand oh.Speaking from two side of your mouth. It is now normal for my betnaija stock to cast.I thought it was my doings that was making it cast. OANDO don cast To buy, hold or sell is your decision after your DD. I am not here to baby feed anyone or post what you like or not.Stock market is a serious business and not betnaija..lol 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:49pm On Aug 15 |
ALOBAM: I only remove non operating cash when using Enterprise Value. |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:53pm On Aug 15 |
emmanuelewumi:Any idea how to get hard copy |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:55pm On Aug 15 |
Re: Nigerian Stock Exchange Market Pick Alerts by Stan2330(m): 1:02pm On Aug 15 |
emmanuelewumi:Pls link to get it online |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 1:09pm On Aug 15 |
mikeapollo:N10 bawo |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:23pm On Aug 15 |
SonofElElyonRet: Lol! Anything is possible. Don't be surprised if you see the Ondo's price going down towards N10. There are people that would want that to happen so they can buy more, and I am one of them. What matters now is individual preferences and focus. Short term gains/gamble; or long term massive profits? The industry/sector that Oando belongs to is the money-spinning one, if one allows his/her investment to mature. |
Re: Nigerian Stock Exchange Market Pick Alerts by yak(m): 1:25pm On Aug 15 |
[quote author=ndept post=131499781]Only If you can get it at less than N2. Then you will have to be the patience type. In the next 6 months, I believe the result of their right issue of N20b may start to reflect on their financial statement. I see Japaul share price making a capital appreciation of 80% over the next one year. Think Japaul, think Multiverse![/qyuote] Thanks... I have convinced myself to enter |
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