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Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:02am On Aug 26, 2017 |
emmanuelewumi: emmanuelewumi: emmanuelewumi:Thanks a lot |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:03am On Aug 26, 2017 |
emmanuelewumi:Thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 8:30am On Aug 26, 2017 |
Chibuking81: Fundamentals is not about eps only. There are other variables that investors look for in a company. What places Gtb above Other banks is their efficiency. Check out return on equity, return on assets, cost to income ratio,interest expenses and so on and so forth. I did a comparative analysis of the five big banks and what I found was very revealing.Here is one of what I found : Gtb has the lowest personnel expenses among the group,about half of the other. Gtb 16.36b: access 27.74b: uba 33.95b: zenith 36.21b: fbn 42.0b as at H1 and yet gtb has the highest PAT. And one other thing that is going for them is their consistency.They have built a reputation over time and this has generated a positive sentiment for them. In my own opinion, the premium is justified and this will likely continue for many more years. There is no point arguing with Mr market on pricing,the best approach is to align ourselves with the direction that Mr market provides. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 8:36am On Aug 26, 2017 |
Chibuking81: Mkt Sentiment and investor perception of a coy makes the difference. |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 8:57am On Aug 26, 2017 |
(modified out when the oando story changed) 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 8:58am On Aug 26, 2017 |
holm:I believe that GTB has higher Return on Equity with a little percent ahead of Zenith, Access and UBA when calculating with EPS, But GTB current price per a share is very high when compared with other 3 banks, almost times two. That's why I personal view both GTB as been in their fair price region, while the other three banks are still at their undervalue region. Then I can also view Nestle and Stanbic as been overvalued. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:24am On Aug 26, 2017 |
Chibuking81: With 4.04 million naira one can buy as follow; 1. GTB 100,000 Units of share 2. Zenith, about 174,900 units of share 3. Access 398,000 units of share 4. UBA, about 416,500 units of share Then goes by their current interim dividend, let's judge with their current closing price 1. GTB .30X 100,000 = #30,000 2. Zenith .25x 174900 = #43,725 3. Access .25 x 398,000 = #99500 4. UBA .20 X 416,500 = #83,300 My question here is, which of them gave the investor the highest Earning Return, in his or her invested #4.04 million? 9 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:41am On Aug 26, 2017 |
Ko Chibuking81: Are you a lawyer these questions are many. It is not right to use wthe interim dividend paid to judge. GTB paid a total dividend of N2 last year, Zenith N2.02, Access N0.60, UBA N0.75 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:14am On Aug 26, 2017 |
emmanuelewumi: OK, if they repeat the payment of last year based on their current price 1. GTB (1.75 + .25 interim = 2) 2 X 100,000 = #200,000 2. Zenith (1.77 + .25 interim = 2.02 ) 2.02 x 174,900 = #353,298 3. Access (.40 + .25 interim = .65) .65 x 398,000 = #258700 4. UBA (.55 + .20 interim = .75) .75 X 416,500 = #312,375 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 10:47am On Aug 26, 2017 |
Chibuking81: I am impressed with the way you are playing around numbers to analyse and understand the basis for current pricing of the banks shares...This is part of what is expected of an investor. On the strength of your analysis, investing N4m seems better in UBA than others because it produced the highest dividend income... However, you and I know it's not sufficient to price their shares solely on this. There are other non-quantitative factors considered by investors chief among which is management efficiency in creating earnings at minimal cost and quality of corporate governance. GTB possess these two qualities. That is why it's regarded as a premium stock and the likes of zenith et al will continue to trail it. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:05am On Aug 26, 2017 |
Coolcash1: I always go for what will make me pay my bills on time.... 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 11:09am On Aug 26, 2017 |
DeRuggedProf: Abi o...At the end, It depends on individual's investment objective... |
Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 12:44pm On Aug 26, 2017 |
Chibuking81: Chai, see life. Nobody mentions the ELEPHANT in the big league any longer. There is this adage which says that when a big problem floors the elephant, even ANTS will crawl on its body. Well, na so life be. Happy weekend to you all. 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by sky2891: 1:20pm On Aug 26, 2017 |
Chibuking81:In every stock pricing, risk assessment is also involved. Risk assessment of the above named stock differs which also reflects in its prices. What will you say of stanbic if you must only calculate as above? |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 1:22pm On Aug 26, 2017 |
Chibuking81: The best approach is to define our investment objectives. In terms of dividend yield and p/e, gtb is definitely lagging behind. I personally like companies with high dividend yield and low p/e but the point is there are others out there who would look at some other variables in picking stocks. Whatever works best for us, we should stick with it. |
Re: Nigerian Stock Exchange Market Pick Alerts by holm: 1:24pm On Aug 26, 2017 |
emmanuelewumi: Can you restate your question? I don't understand it, at all. |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 2:02pm On Aug 26, 2017 |
jamace: The elephant is sick now. We wish her a quick recovery |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:42pm On Aug 26, 2017 |
jamace: FBNH EPs Q1 2017
|
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 3:08pm On Aug 26, 2017 |
Kingchuks: Sir, you should correct the typo...it is Salah not Salad..lol. Wishing us all the best of weekend and fruitful new month ahead! |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 3:56pm On Aug 26, 2017 |
Is it possible for FBNH to pay up to 60 kobo in this 2017 final year dividend, against 20 kobo they declared in 2016 final? |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 4:12pm On Aug 26, 2017 |
Chibuking81: Don't expect more than 25k... |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 5:07pm On Aug 26, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 5:42pm On Aug 26, 2017 |
Our 40th AGM Not Suspended or Postponed by SEC—Oando Plc https://www.businesspost.ng/2017/08/26/40th-agm-not-suspended-postponed-sec-oando-plc/ 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 9:28pm On Aug 26, 2017 |
dipoolowoo:Oga tritri and oga emma come read o, i told you oando can go down but the back can't . 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 5:58am On Aug 27, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:36am On Aug 27, 2017 |
ihedioramma: We shall get the true picture before next week . The petition that led to SEC investigation was written by 2 big time foreign investors. The Mafia can do anything to cover their tracks. I wrote an article about Oando in 2012 to SEC, NSE , all the media houses in Nigeria including Sahara reporters and Proshare but non of them published it except stockmarketnigeria and nairaland. Because the media houses don't want to lose juicy adverts from Oando. You can google" corporate mis-governance and management recklessness" by Emmanuel EWUMI. By November 2012 I sold all my Oando's share of almost 250k units for between N21 and N24. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:52am On Aug 27, 2017 |
@emmanuelewumi I know for sure more secret will be out soon. OANDO try's there best anytym to intimidate media house and bloggers with lawsuit reason why most media house don't report abt them...i just regret am inside the bus at this time.. |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 8:44am On Aug 27, 2017 |
emmanuelewumi:what did they do at that time sir and price you bought befor you sold at #21 and #24 ? . In as apc is in power i don't think that bola will go out if he did not want . Oando is good for jijo and lnvestment below #5 . |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 8:57am On Aug 27, 2017 |
Tritri:Every time you regret (example's zenith bank and ucap) i never regret buying any stock but more wisdom . For now i can't buy oando more than the price it is now and can't sell because of bad news, bad management e.t.c after work ............. |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 9:21am On Aug 27, 2017 |
Oga emma can you remember the year you said this ? with what you are telling me is it 100% truth ? >.Had a long hard meeting with my Oga this morning on OANDO...we finally decided to dump almost 5Million units of OANDO.. I was even told that OANDO commissioned a couple of brokers to announce that they will be mopping up rights from those that want to sell theirs at N12.20k.....even that is not working... from all indications, this coy is doomed for a takeover or for the present managers to leave the seats they currently occupy on the management of this coy or lastly for bankrupcy (God forbid sha |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:34am On Aug 27, 2017 |
I was with a 72 years investor yesterday. The man has over 40yrs experience in the stock market. He said he would rather invest in a bad company that has good managers than in a good company that has bad managers. Oando was a good company prior to 2001 or in the days of Unipetrol. Sooner than later bad managers will turn a good company to a bad one. 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:56am On Aug 27, 2017 |
emmanuelewumi: We all know what bad managers did to Cadbury, Unilever, Union Bank, Unipetrol now known as Oando. In the case of Cadbury and Unilever more than 8 years after the bad managers the companies are yet to fully recover. |
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