I like the sobriety that come with BEARS. In this BULL season recommendations are as common as pure water

Investnow2017:
I like the sobriety that come with BEARS. In this BULL season recommendations are as common as pure water

Ha grammar plenty for here o, make I check my dico

Agbalowomeri:


Fundamental - go for Flourmill
Technical - Go for international brewery

this type of stock not common on nse

tritritri:



@ihedioramma

See your mate above . ( Encouragement ) . Even if na ( Discouragement ) it still FINE .

But Ur case ( Oando oando ) Everyday. Are u from Aguleri or Anambra West ?

@Princkez Thanks for ur word. Am tired of the waiting ..it breaking me down as days go by

OANDO OR O AND O ?

samguru:



Have you checked their reserve?

the company has over 43B as reserve, wetin be 3.5B wey d company no go pay if judgement is not in their favour

C




Beware of Otudeko and his companies, Dangote is a better manager and businessman.

Otudeko will get a loan and can also sue the creditor.

I'm very grateful. I will choose from the the basketful of recommendations. But why don't you fancy Dangote Sugar?
Should I take a plunge now or wait till new year?

Agbalowomeri:


Wapco is trending down. Fundamental sef no dey attractive

Fundamentals of Guinness was horrible about 9 months ago. The company equally made a loss in the last financial year. But yours truly is on about 70% capital gain

Guys please confirm, I learnt WAPCO right is on and will close on 15tth December 2017.

emmanuelewumi:



Fundamentals of Guinness was horrible about 9 months ago. The company equally made a loss in the last financial year. But yours truly is on about 70% capital gain

Who am I to argue with Pa himself. What elders see lying down

But that Peter alone sef

stokfrick:


Kai!! Bullbear aswear u bad wanlahi. These your IFA sticks hardly fail u!
U were spot on here bruv!

I dey tell U...His prediction 90% accurate . Nobody shd joke with his analysis. If Bullbearmkt coach peter , i swear peterichy life go change for better.

Agbalowomeri:


Who am I to argue with Pa himself. What elders see lying down

But that Peter alone sef

Thank God he did not follow pa emma enter flourmil

emmanuelewumi:
Guys please confirm, I learnt WAPCO right is on and will close on 15tth December 2017.

It is confirmed, please guys check NSE website. The offer opened today and will close in 3 weeks.

It appears the French guys don't want Nigerians to take their rights.

Why are they so secretive and fast about the offer?

emmanuelewumi:



It is confirmed, please guys check NSE website. The offer opened today and will close in 3 weeks.

It appears the French guys don't want Nigerians to take their rights.

Why are they so secretive and fast about the offer?

pls hw much is it per a right?

Kevostica:


pls hw much is it per a right?

N42.5 at the ratio of 5 for every 9 held as at 1st November 2017

wapco right

currentprice:
wapco right

It appears those guys are so sure of raising the almost N140 billion, if the company succeeds in raising the fund. I think a price of N80 is achievable this time next year.

A share in Lafarge Africa, is a share in all their companies in Africa. They were laid back and allowed Dangote to capture the African market.


NB. I have shares in both Dangcem and Lafarge

I just sent a mail to NSE and SEC about the 3 weeks allocated for Lafarge Africa right offer. The duration of the offer is too short.

The fund I earmarked for the offer is my Treasury Bills investment which will mature on 27th December 2017.

Please guys, you need to check this page out. His works are amazing

https://www.nairaland.com/4144071/forex-made-easy/2

xrayfab:
Please guys, you need to check this page out. His works are amazing

https://www.nairaland.com/4144071/forex-made-easy/2

Young man, in case you don't know you are in the wrong place. The guys here are not your crowd.

I will advice you to advertise this on the relevant threads.

Thank you.

I have long reserved a space in the wapco bus, and so glad it is closing very soon.
May likely load more next monday...
Dangote sugar just dashed me weekend money.
Accumulating more Dangote Flour next monday.

emmanuelewumi:

N42.5 at the ratio of 5 for every 9 held as at 1st November 2017

pls can i get this to buy from somebody that want to sell at N45

Toluway:
I'm very grateful. I will choose from the the basketful of recommendations. But why don't you fancy Dangote Sugar?
Should I take a plunge now or wait till new year?

DS is good if you have bought earlier. I am well loaded here as the stock occupy the no 1 position in my portfolio in terms of size .However the entry price is very important and so I will not buy DS at N17 when DF is still selling below 10, eternal is 4, CCNN is below 9, ucap is 3.2, ati bebe lo.. ..

Kevostica:


pls can i get this to buy from somebody that want to sell at N45

Your broker can help you with that.

My Treasury bill will mature on Dec 14th and all the proceed will be invested into WAPCO.

So I'm begging Currentprice, Sam LOCO and coy to come badmouth this stock so i can get my 2ND batch at cheaper rate.

*ThE OcToPuS*

PETERiCHY:
My Treasury bill will mature on Dec 14th and all the proceed will be invested into WAPCO.

So I'm begging Currentprice, Sam LOCO and coy to come badmouth this stock so i can get my 2ND batch at cheaper rate.

*ThE OcToPuS*

PETERiCHY:
My Treasury bill will mature on Dec 14th and all the proceed will be invested into WAPCO.

So I'm begging Currentprice, Sam LOCO and coy to come badmouth this stock so i can get my 2ND batch at cheaper rate.

*ThE OcToPuS*

Why ask people to attempt a self completed task......

PETERiCHY:
My Treasury bill will mature on Dec 14th and all the proceed will be invested into WAPCO.

So I'm begging Currentprice, Sam LOCO and coy to come badmouth this stock so i can get my 2ND batch at cheaper rate.

*ThE OcToPuS*

My man.

Dangote Cement Production Hits 45.8m MT per annum
https://www.businesspost.ng/2017/11/25/dangote-cement-production-hits-45-8m-mt-per-annum/

samguru:
Global Spectrum Energy Services was incorporated in 2006, is an integrated Oil & Gas Offshore Support Vessel Services Company involved in many of the key Oil and Gas producing areas in West Africa. Our range of Services covers complimentary Offshore Support Vessel Services, Maritime Security, Logistics, Energy and Engineering Services.


C & L leasing advocate, this is another reason why you should have sleepless night over your investment as this company is coming to list her shares on monday (27/11/2017)

Dear Samguru,

I must confess I had a sleepless night. I spent the night pondering whether I should agree with you and watch as C&I drop furthers. The prospect of that filled me with huge emotions. Should I admit that I am wrong and C&I Leasing is going to zero? What will that do to the little reputation I have on Nairaland?

That however was not the only reason for my sleepless night. I also stayed up wondering about you inconsistencies. First you were an advocate of Km 4 not you think it is a bad buy at Km 1.3. What changed? The Pizza is going to be divided into 4 pieces instead of 8 and that now makes it worthless? If they had divided the Pizza into 16 pieces does that value double? Share Reconstructions for all intent and purposes is that opposite of issuing bonus shares. Neither operations adds value to the underling fundamentals of a business but Nigerians have a hugely emotional reaction to either operations

Back to the listing of Global Spectrum Energy, the prospect excites me and that it what kept me up. The listing will provide I comparable company against which the proper value of C&I Leasing can be checked. I cannot seem to find a more attractively priced company on the main board of the NSE at the moment. If you can find any kindly point it out. You complained C&I was too expensive at a PE of 2.5 I am pleased to inform you that the forward PE is closer to a PE of 2 as the company has already made a PAT of N1b in 9 months and is on track to make a full year PAT of between N1.15b to N1.3b. C&I Leasing made N920m PAT plus an extra N1.5b other comprehensive income giving a total comprehensive income of N2.5b in 2016. If such a company is valued at N2.5b, how can I sleep?

http://www.c-ileasing.com/wp-content/uploads/2016/10/Q3-Financial-Statement-Summary_Sept-30-2017.pdf

http://www.c-ileasing.com/wp-content/uploads/2016/10/CI-Leasing-Annual-Reports-2016-V2.pdf

I am convinced that Global Spectrum Energy will be listed at a much higher PE than 2 (in my estimation between 6 and 12) which will clearly demonstrate that value in C&I Leasing and show its attractiveness.

Secondly Global Spectrum Energy has been in existence since 2006 and C&I Leasing has successfully been able to grow its marine business over the years so there is no fundamental threat to C&L Leasing or change in the competitive landscape. if Citibank Nigeria lists on the NSE should Access Bank shareholders have sleepless nights? Remember C&I Leasing first locks in long term contracts before proceeding to buy ships so no cyclic business contrary to one of your previous posts. The listing on the market at this point shows that a fundamental shift is happening in the marine space similar to the banking consolidation that happened in 2005/6. This justifies C&I Leasing coming to the market to raise both debt and equity to enable it take advantage of the emerging opportunities in the space. Please note that at the moment C&I Leasing is bigger (share holders fund) and more profitable (PAT) than Access Bank was prior to the consolidation. Look at Access Bank now.

Back to your inconsistencies. You were once C&I leasing's greatest advocate coming up with FAKE NEWS that they will pay interim dividend in 2017 claiming that an insider told you so. If truly you were informed by an insider that they will pay interim dividend and you bought the shares on that basis, there we have insider trading if on the other hand you lied to the public to boost the share once again we have market manipulation. Either of the above is criminal and an offense against markets. At the moment you are a detractor and I wonder for what purpose. You jump at any news to discredit C&I Leasing. Is this an attempt to manipulate the price and buy at a lower price.

Back to my sleepless night. I am excited at the prospects for C&I Leasing.The operations are well diversified, the fundamentals are great, market opportunity huge and management fairly competent I am not done buying C&I Leasing. I hope to buy 5m unit more before the end of the year. If I can get it at a cheaper price all the better. I will however not misrepresent information on this forum to get a better price.

I have posted a link to C&I Leasing's financials. Anybody interested in taking a decision on C&I Leasing should please go through their financials.

My biggest fear with C&I leasing is the convertible debt note issued to Abraaj and it is centered around the price at which it will be converted to shares. It might have have a potentially dilutive effect on the earning and I hope other investors are allowed to invest at the same price at which Abraaj is allowed to convert the notes. To those unaware, Abraaj a middle east based private equity firm lent C&I Leasing about $12.5m a while back with the understand that they can convert the loan to shares instead of collecting the loan back. At the moment it looks like Abraaj want the money converted to shares instead of collecting the money back according to the press release on the EGM. This is one of the questions to be asked at the EGM.

NoMoney:


Dear Samguru,

I must confess I had a sleepless night. I spent the night pondering whether I should agree with you and watch as C&I drop furthers. The prospect of that filled me with huge emotions. Should I admit that I am wrong and C&I Leasing is going to zero? What will that do to the little reputation I have on Nairaland?

That however was not the only reason for my sleepless night. I also stayed up wondering about you inconsistencies. First you were an advocate of Km 4 not you think it is a bad buy at Km 1.3. What changed? The Pizza is going to be divided into 4 pieces instead of 8 and that now makes it worthless? If they had divided the Pizza into 16 pieces does that value double? Share Reconstructions for all intent and purposes is that opposite of issuing bonus shares. Neither operations adds value to the underling fundamentals of a business but Nigerians have a hugely emotional reaction to either operations

Back to the listing of Global Spectrum Energy, the prospect excites me and that it what kept me up. The listing will provide I comparable company against which the proper value of C&I Leasing can be checked. I cannot seem to find a more attractively priced company on the main board of the NSE at the moment. If you can find any kindly point it out. You complained C&I was too expensive at a PE of 2.5 I am pleased to inform you that the forward PE is closer to a PE of 2 as the company has already made a PAT of N1b in 9 months and is on track to make a full year PAT of between N1.15b to N1.3b. C&I Leasing made N920m PAT plus an extra N1.5b other comprehensive income giving a total comprehensive income of N2.5b in 2016. If such a company is valued at N2.5b, how can I sleep?

http://www.c-ileasing.com/wp-content/uploads/2016/10/Q3-Financial-Statement-Summary_Sept-30-2017.pdf

http://www.c-ileasing.com/wp-content/uploads/2016/10/CI-Leasing-Annual-Reports-2016-V2.pdf

I am convinced that Global Spectrum Energy will be listed at a much higher PE than 2 (in my estimation between 6 and 12) which will clearly demonstrate that value in C&I Leasing and show its attractiveness.

Secondly Global Spectrum Energy has been in existence since 2006 and C&I Leasing has successfully been able to grow its marine business over the years so there is no fundamental threat to C&L Leasing or change in the competitive landscape. if Citibank Nigeria lists on the NSE should Access Bank shareholders have sleepless nights? Remember C&I Leasing first locks in long term contracts before proceeding to buy ships so no cyclic business contrary to one of your previous posts. The listing on the market at this point shows that a fundamental shift is happening in the marine space similar to the banking consolidation that happened in 2005/6. This justifies C&I Leasing coming to the market to raise both debt and equity to enable it take advantage of the emerging opportunities in the space. Please note that at the moment C&I Leasing is bigger (share holders fund) and more profitable (PAT) than Access Bank was prior to the consolidation. Look at Access Bank now.

Back to your inconsistencies. You were once C&I leasing's greatest advocate coming up with FAKE NEWS that they will pay interim dividend in 2017 claiming that an insider told you so. If truly you were informed by an insider that they will pay interim dividend and you bought the shares on that basis, there we have insider trading if on the other hand you lied to the public to boost the share once again we have market manipulation. Either of the above is criminal and an offense against markets. At the moment you are a detractor and I wonder for what purpose. You jump at any news to discredit C&I Leasing. Is this an attempt to manipulate the price and buy at a lower price.

Back to my sleepless night. I am excited at the prospects for C&I Leasing.The operations are well diversified, the fundamentals are great, market opportunity huge and management fairly competent I am not done buying C&I Leasing. I hope to buy 5m unit more before the end of the year. If I can get it at a cheaper price all the better. I will however not misrepresent information on this forum to get a better price.

I have posted a link to C&I Leasing's financials. Anybody interested in taking a decision on C&I Leasing should please go through their financials.

My biggest fear with C&I leasing is the convertible debt note issued to Abraaj and it is centered around the price at which it will be converted to shares. It might have have a potentially dilutive effect on the earning and I hope other investors are allowed to invest at the same price at which Abraaj is allowed to convert the notes. To those unaware, Abraaj a middle east based private equity firm lent C&I Leasing about $12.5m a while back with the understand that they can convert the loan to shares instead of collecting the loan back. At the moment it looks like Abraaj want the money converted to shares instead of collecting the money back according to the press release on the EGM. This is one of the questions to be asked at the EGM.

Confirmation bias full here Oga.
The voice of men is the voice God. Oando protagonists of those days will narrate their experience. Anyway, all the best with C/I leasin. Afterall, there is still a 10% chance that you could be right.

Agbalowomeri:


Confirmation bias full here Oga.
The voice of men is the voice God. Oando protagonists of those days will narrate their experience. Anyway, all the best with C/I leasin. Afterall, there is still a 10% chance that you could be right.

Kindly explain how you came about the conclusion that I am suffering from confirmation bias.

Confirmation being that you look from evidences that support or confirms your belief while you ignore evidences that contradict your belief.

Given the recent profit profile of the company what do you think a reasonable valuation will be. Is a PE of 2 too high, too low or just right?

Oando took on debt to buy an asset assuming the cash flow from the asset will remain at historical levels without hedging the price of oil for the duration of the loan. They ran into problems when the price of oil dropped and the cash flow was insufficient to meet loan repayments. C&I Leasing on the other hand took loans to buy ship and locked in long term contracts for the duration of the loans thus hedging the cash flow from these assets. They consequently had their best two year ever profit wise during a recession. Spot the difference between Oando and C&I Leasing?

Please note that I didn't come online to promote the stock I just intervened to correct the bashing of the stock.

On your assertion that there is a 10% probability that I might right, which of my comment are you referring to and why such a low probability

1.C&I Leasing intends to raise N25b selling 2.6 billion shares?
2.C&I Leasing is cheap at the moment and the fundamental supports its share price getting to N3
3.C&I Leasing debt profile is sustainable given their cashflow

I am open to constructive evidence backed by facts and I will really appreciate it if you could assist in correcting any bias I might have.

Kindly note in all my submission how I attempt to attend to every issue raised instead of dismissing arguments with sweeping statements. I will appreciate similar responses.