Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,202,266 members, 7,981,488 topics. Date: Monday, 21 October 2024 at 06:23 PM |
Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11722294 Views)
Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
(1) (2) (3) ... (8171) (8172) (8173) (8174) (8175) (8176) (8177) ... (8307) (Reply) (Go Down)
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:52pm On Sep 17 |
BabsO2: This N3 Trillion worth of Asset is confusing, better to always look at net asset Emeka has N300 million worth of asset, Uche also has N300 million worth of asset. Emeka and Uche are at par on assst basis. Emeka has personal debt, mortgage loans and business loans of N160 million, whereas Uche has personal debts, mortgage loans and business loans of N350 million due to accumulated and compounding interest on his loans Emeka has a net asset or net worth of N140 million, which Uche has a negative net asset or net worth of (N50 million). Even though they have the same assets, by the time we look at their net assets Emeka and Uche are not at par 21 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Tpharell: 12:52pm On Sep 17 |
unite4real:Thank goodness! Have been stuck there forever! |
Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 12:55pm On Sep 17 |
emmanuelewumi: The huge difference is clear |
Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 12:56pm On Sep 17 |
Camoready: Interim dividend wey still dey in the planning stage. Have they even announced how much they will pay? |
Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 12:59pm On Sep 17 |
But why fmn never pay 2023 year end dividend abi na only me never receive? |
Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 12:59pm On Sep 17 |
mikeapollo: Who sponsored the news? Anything to move the price is welcomed anyways but I will keep talking. Let me sound a note of warning to those that want to fight dirty if I start even the bots will be crying 2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 1:05pm On Sep 17 |
Check this moniker since inception I have always avoided those wanting me to fight. My reason for avoiding fights isn't weakness but RESPECT and it's reciprocal they say. If I start to reply insults/abuses as they come 🔥 for 🔥, here won't contain those marketing stocks without up to date financials Be wise 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:06pm On Sep 17 |
emmanuelewumi: Assuming the N300 million asset of Emeka and Uche generate the same annual cash flow of N100 million per annum. Emeka can use N70 million to service his N160 million debt, reinvest in his business. Whereas the N70 million annual cash flow of Uche can't service his N350 million debt. He will rely on overdraft for the running of his operations, will always be renegotiating loans with his bank, will be using debts to service debt The only way Uche can get out of this quagmire is recapitalize his business, inject more capital in form of equity. 6 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:18pm On Sep 17 |
emmanuelewumi: But debt is not the biggest item in Uche's liabilities. But provisions for the school he opened with his side-chick to settle omo-onile as well as provision he made for removing his business when he retires. He infact has not spent the provision but set aside the money on paper. Yet his JV school and assets are generating surplus cash. He pays his bankers, employees and contractors as when due and still had surplus cash. Uched has no need for recapitalization to run current business. He only needs more money to fund new diamond mining assets he just acquired. 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 1:22pm On Sep 17 |
BabsO2: lolllllllllllllllllllllllllllllllllllll I am loving this comic relief to the serious business of company valuation 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:23pm On Sep 17 |
BabsO2: No record of free cash flow for Uche, infact he had to sell his Jeep, land and house in order to enhance liquidity yet his liabilities are more than his assets Another major problem with him is with his working capital He found out he could get cheaper loans from First Bank, so he got another loan from First Bank in order to settle Access Bank because those guys at Access are Badass 5 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:24pm On Sep 17 |
godlyguy: You may have right to suspect that Oando sponsored the news. Fine! But are you certain and sure, with evidence that they actually sponsored the news? Are they the one sponsoring all the news in every news portal, including negative news when it was reported that they were making losses and could become insolvent and bankrupt? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 1:24pm On Sep 17 |
Transcorp is just going down.... anyway considering it came from sub 1 I guess it's still manageable. Meanwhile Oando seem to be on full offer, Abi my meristem app is misbehaving ni |
Re: Nigerian Stock Exchange Market Pick Alerts by Tpharell: 1:30pm On Sep 17 |
emmanuelewumi:Now, this is a rather bleak picture! But Uche is able to keep up appearances, and is considered the toast of the town amongst young women in the area. 2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:31pm On Sep 17 |
megawealth01: He would be considered a ritualist if he was a Nigerian!!! Mentality. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 1:31pm On Sep 17 |
emmanuelewumi: All the new entrants in this group followup on this conversation so you can fully comprehend the truth about the present state of oando until an up to date financials from them is made public God bless you for being truthful 1 Like 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 1:33pm On Sep 17 |
presiade: One of the problems Africa has is "entitlement mentality" 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 1:35pm On Sep 17 |
Tpharell: Another perspective |
Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 1:42pm On Sep 17 |
godlyguy:We don't want the bolded here, it is not good for your health and my health please. We are all here to make money, besides, I don't know the basis of your fighting. As at now, take it or leave it, you lost the battle on Oando. If tomorrow or any other days, Oando reversed back to less than N15, you can start to make mouth, but for now please maintain and chill. Afterall, medals are not awarded here for stock prediction. Besides, nobody is perfect, you win some and lose some, but above all, let your winning be much more than you lose. There will always be more opportunity in the market for everyone. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nataba: 1:43pm On Sep 17 |
Tpharell: Same here! |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:43pm On Sep 17 |
emmanuelewumi: He made cash from his buying and sell business as well as from his production business now. Yes he sold the house and jeep to liquidate some labilities as the jeep is just a fuel guzzler wasting money away in this time of high fuel price. While that house is not really an investment as it was a loss making venture as tenants don't pay timely, neither is the property full accupied and there are always repairs to be done amongst other fees. He is not doing too badly joggling his working capital. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 1:44pm On Sep 17 |
ndept: Which battle are you fighting? Which one did you lost? We are not even on the same page. Read what you typed ten times then we can talk from same point of comprehension |
Re: Nigerian Stock Exchange Market Pick Alerts by toyeoye(m): 1:44pm On Sep 17 |
With mixed movements across various sectors, the market is buzzing with activity. Keep an eye on these top performers and laggards as we head into the rest of the trading week! 3 Likes
|
Re: Nigerian Stock Exchange Market Pick Alerts by Olaide1295: 1:46pm On Sep 17 |
OakPearl:NNPC is a cesspit of madness. With all going on, they are still importing petrol because that is where they make money from. https://www.youtube.com/watch?v=e7-XmfEmCkM&feature=youtu.be 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 2:00pm On Sep 17 |
godlyguy:My good friend and brother in NSEMPA, I am here to make money and not to be going back and fort on needless conversation. I wish you and everybody here well and in good health. Good luck. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 2:02pm On Sep 17 |
FBNH price action behaving like MEME COIN 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 2:03pm On Sep 17 |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:04pm On Sep 17 |
BabsO2: He has not earned any dividend in 5 years. Thank God Uche has a God-fearing and supportive wife. Uche has not been able to audit his 2023 financial account and also has outstanding tax liabilities. Thank God Uches uncle was recently elected as a Senator and he try his best to support his nephew to bounce back One thing you can't take away from Uche is that he is highly calculative, mouthed, he is ladies man being a Lagos boy with street credibility I will advise you to study his accounts again, he doesn't have free cash flow, working capital is in negative same with solvency state 6 Likes 3 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:05pm On Sep 17 |
Tpharell: That is where goodwill, packaging, connection, social capital and PR management comes in 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:07pm On Sep 17 |
Tpharell: A real toast of the town as restaurants and clubs are making tons of money as the ladies flirt with Uche all over the place. Meanwhile Emeka no give the restaurants and clubs any reason to smile as his trade volumes are small. |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:09pm On Sep 17 |
emmanuelewumi: Lead me not into temptation oooooo Only one name is coming to my mind but I won't call that name |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:10pm On Sep 17 |
@godlyguy takenote BabsO2: |
(1) (2) (3) ... (8171) (8172) (8173) (8174) (8175) (8176) (8177) ... (8307) (Reply)
Viewing this topic: Ginalex(f), kdaddy, Prince081, nosa2(m), talk2me2, sky2891, chunkuli, Agbalowomeri, Jats2k2002, Mills55, Ofp1, popoolaRofiat(f), realking(m), Panadee, dammybrite, Salvationone, IamR, gbengafaro1986, ositadima1(m) and 27 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 70 |