yMcy56:

Lol.
I've been following VFD since it was listed and it's on my watchlist.
Those guys Sabi how to play the game, just strategizing first....
The Anchoria Capital Group will be their Asset Management Arm to be interfacing with the Capital Market.
We'll see how it goes....

GeeKudi:


Unless you are privy to some info not backed by publicly available data.

megawealth01:
On this day was when my research into C&I started...

I'll soon take position but won't announce it when I start...

Mankind2024:
I've noticed a pattern of OANDO hoarding, the current hottest stocks in NGX. At the peak of trading hours, it's impossible to get an offer despite numerous bids. However, with fintech apps, offers are abundant. OANDO has suddenly turned many brokers into digital Naira printing companies. Ironically, these same brokers often have social commentators who condemn fuel hoarding by 🚉 fueling stations during scarcity.

Mankind2024:
I've noticed a pattern of OANDO hoarding, the current hottest stocks in NGX. At the peak of trading hours, it's impossible to get an offer despite numerous bids. However, with fintech apps, offers are abundant. OANDO has suddenly turned many brokers into digital Naira printing companies. Ironically, these same brokers often have social commentators who condemn fuel hoarding by 🚉 fueling stations during scarcity.

megawealth01:
2024 Q1: VFD Group reports N3 billion in pre-tax profits

https://nairametrics.com/2024/05/27/2024-q1-vfd-group-reports-n3-billion-in-pre-tax-profits/#:~:text=VFD%20Group%20Plc%2C%20a%20leading,the%20same%20period%20in%202023.

Omooloriredade:


Just in case someone sees Q1 EPS of N10 for a stock selling for N40 and was wondering:

Since that result was released. There has been a significant change that anyone looking to buy should consider.

There was a stock split (x5). So the N10 EPS in Q1 is more like N2.

As at Q2, EPS was N2.45k.

Disclaimer - Not a buy or sell recommendation.

Omooloriredade:


Just in case someone sees Q1 EPS of N10 for a stock selling for N40 and was wondering:

Since that result was released. There has been a significant change that anyone looking to buy should consider.

There was a stock split (x5). So the N10 EPS in Q1 is more like N2.

As at Q2, EPS was N2.45k.

Disclaimer - Not a buy or sell recommendation.

KarlTom:
They're called Market Manipulators for a reason...

yMcy56:

SFSREIT too moved @+10%
Now @134.90 ...up with 12+

mosh2035:
What stock/ company will make the Oando move next?

ProphetUtuocha:

Locotrader:
For those of us here looking for what to buy today,C&I leasing is not for everyone today and possibly this week sha.

This Abbey Mortgage is never for everyone.It is highly illiquid but a good stock to hold.You need a good lecture on how to acquire illiquid stocks.

Start buying CHAMS from this morning.Dont miss it.I repeat,DONT MISS IT.

Stop envying those in Oando.They deserve the reward.Not everyone can gamble oando.Let them eat the fruit of their labour.It is a #200 and above stock.Unless Tinubu is not our president again.

May you be blessed today.

Back to my cave for observations.

Locotrader:
For those of us here looking for what to buy today,C&I leasing is not for everyone today and possibly this week sha.

This Abbey Mortgage is never for everyone.It is highly illiquid but a good stock to hold.You need a good lecture on how to acquire illiquid stocks.

Start buying CHAMS from this morning.Dont miss it.I repeat,DONT MISS IT.

Stop envying those in Oando.They deserve the reward.Not everyone can gamble oando.Let them eat the fruit of their labour.It is a #200 and above stock.Unless Tinubu is not our president again.

May you be blessed today.

Back to my cave for observations.

Omooloriredade:


Just in case someone sees Q1 EPS of N10 for a stock selling for N40 and was wondering:

Since that result was released. There has been a significant change that anyone looking to buy should consider.

There was a stock split (x5). So the N10 EPS in Q1 is more like N2.

As at Q2, EPS was N2.45k.

Disclaimer - Not a buy or sell recommendation.

Omooloriredade:


Just in case someone sees Q1 EPS of N10 for a stock selling for N40 and was wondering:

Since that result was released. There has been a significant change that anyone looking to buy should consider.

There was a stock split (x5). So the N10 EPS in Q1 is more like N2.

As at Q2, EPS was N2.45k.

Disclaimer - Not a buy or sell recommendation.

vacanci:


A better performance than UCAP if i must say.

VFD EPS was not annualized. Profit after tax was around 3B naira with outstanding shares of around 1.25B after the split and rights issue. if you annualize their EPS of 2.45, you get 4.9

UCAPprofit after tax was around 7.7B. if we consider the current outstanding share of 18B units after the bonus, EPS will be around 0.43 and if you annualize it, it will be around N0.86

So with the above, the P/E ratio for VFD will be 9.18 (45/4.9) while P/E ratio of UCAP is 21.5 (18.5/0.86)

which one is cheaper?

abeg let those who sabi calculate correct any mistake i make. I may be wrong and it's opened for debate.

Before UCAP will earn N1 per share, it has to make a profit after tax of at least N18 Billion going forward. The dilution is not bad per say, but the price of the stock now is the issue. And to enjoy at least 10% dividend from 18 B naira net income, the share price has to be N10 maximum

Deadlytruth:


In one of my posts in reaction to the lamentations of a member here about being allegedly deceived by Monkey Hunters into buying OANDO at N14+ only for it to start dropping the next day to as low as N8 some days later, I told him/her that, by the laws of SA, it is very difficult for a stock linked or perceived to be linked to an incumbent president to fail those invested in it regardless of fundamentals as long as that president's tenure has not ended. I used TRANSCORP/OBASANJO as precedent and told him that OANDO/TINUBU will likely follow same route. I hope that member here didn't sell of the OANDO back then out of frustration else he/she would by now have missed an opportunity of close to 750% capital appreciation if the N117 fair value analysis is anything to go by. During the days of Prophet Utuocha's Clarion call about OANDO, I strongly believed that his level of confidence in his prophesy was tied to the real or perceived incumbent president's interest in it hence I never joined those who doubted him on the ground of not backing up his call with any evidence.

aj8:



Well observed.

EPS needs to double to make common sense at the current price.

Locotrader:


If there is any stock wey don cast,na UCAP.
This investment has become a long term.
18B shares no be moi moi if #1 dividend has to continue.
Profit after will cast
EPS will cast
Share price will also cast
Dividend will cast join.

I need education in UCAP.On a serious note