Transcorp
- caution
- lowest ''weekly'' close in 8 weeks or since closing above N2 on a weekly
- its romancing my stop loss lollx

Fidelity
- caution
- lower weekly closure back to back for over 4 wks
- got in this too early , had to let go

fxuser:


still cautious about UBA , Access and Zenith esp for new entrants at this price level
all made lower weekly RSI highs after hitting new highs in Jan
hv learnt d hard way not to argue with charts esp divergences in d short term
but all long term bullish anyways

Abeg....what does the charts say about Eterna and May+Baker?

TLAX:


Abeg....what does the charts say about Eterna and May+Baker?

Eterna
- monthly bullish
- weekly consolidation ongoing
- daily remains neutral
- sit still

TLAX:


Abeg....what does the charts say about Eterna and May+Baker?

May & Baker
- highest monthly close in over 5 yrs was N3.88 , back in June last yr after a massive 2 month rally
- since then 9 months consolidation and counting ongoing wt support ard 2.50 levels
- when price falls into a range it can be frustrating for holders expecting momentum
- weekly and daily are stuck in dis ranging band within 2.50 low and 3.20 high approx for months now
- a weekly close above N3.20 offers momentum possibilities else na keep coasting
- patience will be tested here for short term hopefuls
- hope u find this useful

Equity, Bond Markets Buoy Nigeria’s $12b Capital Inflow in 2017
https://www.businesspost.ng/2018/03/03/equity-bond-markets-buoy-nigerias-12b-capital-inflow-2017/

fxuser:


May & Baker
- highest monthly close in over 5 yrs was N3.88 , back in June last yr after a massive 2 month rally
- since then 9 months consolidation and counting ongoing wt support ard 2.50 levels
- when price falls into a range it can be frustrating for holders expecting momentum
- weekly and daily are stuck in dis ranging band within 2.50 low and 3.20 high approx for months now
- a weekly close above N3.20 offers momentum possibilities else na keep coasting
- patience will be tested here for short term hopefuls
- hope u find this useful

Extremely useful on both accounts man. Much appreciated. Keep up the valuable community service.

onegentleguy:


Now lets try and breakdown this whole issue of our National debt burden a bit, shall we;



There are lots to say, but I can only pray and hope that things don't get worse from here.
May God help us !!

Even the president and his economic team don't have time for the bolded. All of this write-up comes during the period of the bear. No one has time to write or read all these during bull session.

Anyway, thumb up for the write up shaa.

RabbiDoracle:


I got N55 per unit as the FCFF.

So they can pay N42 without borrowing.

with formula below, i see no way you can arrive at this N55 per share.

pls show me if i am missing something

RabbiDoracle:


Effectively it is like PAT + D &A - Capital expenses - WC

PAT = EBIT (1- Tax rate)

RabbiDoracle:


You know me?

You will represent us in the next stone throwing challenge in Gaza.

To be frank, I don't think this is stone throwing. I have the feeling that we also enjoy our interactions here, as matured men and women, many of whom have traversed the vicissitudes of life .
Just trying to enjoy myself as this forum has become my Facebook. Sorry if I overstep my bounds at times. It's human.
I know you're a great writer, (who doesn't?) and that was what I was making reference to. God bless you my Oga!

currentprice:


with formula below, i see no way you can arrive at this N55 per share.

pls show me if i am missing something

You have the statement of cash flows. Why do you guys keep using these formulas?

kolaish:
Even the president and his economic team don't have time for the bolded. All of this write-up comes during the period of the bear. No one has time to write or read all these during bull session.

Anyway, thumb up for the write up shaa.

Lol at president and his economic team

Well I'm not a Bubu fan but I must confess his buharieconomic really made some of us richer.

*ThE OcToPuS*

Many have merely endeavoured to capitalise on the macro-economic offshoot of the rising oil price. Has Buhari any economic philosophy?

ImperialCovfefe:


You have the statement of cash flows. Why do you guys keep using these formulas?

just some differences. ( Capital Expenditure)

currentprice:


with formula below, i see no way you can arrive at this N55 per share.

pls show me if i am missing something

Check it again.

currentprice:


with formula below, i see no way you can arrive at this N55 per share.

pls show me if i am missing something

It is evening again, you don go drink 33 again

ImperialCovfefe:


You have the statement of cash flows. Why do you guys keep using these formulas?

(1)Statement of cash flow tells you the cash inflows and outflows during a business year. Operational cashflow, investing cashflow and financing cashflow.

(2)FCFF tells you the cash position of the company at a point in time. It tells you the cash the company has/has not from a business activity.

(2) is got from (1).

(1) includes borrowing or repayment of loans.

(2) doesn't include borrowing or repayment of loans. It tells you what the true cash position of the company before you start paying off anything.

That is why (2) is calculated using

PAT (after you have deducted everything like staff salaries, paid suppliers, exceptional items sef, tax and added other incomes gotten during the course of the business)

D & A : Depreciation and Amortization. Any accounting provision made to cover for replacement of equipment, inventory etc

Changes in WC: the changes in the capital deployed for running the business

Capital expenditures: the purchases made to replace equipment.


Once this is highly negative, You see companies going to borrow from banks and it will appear under the "cashflow for financing activities" as could be seen in the cash flow statement.

RabbiDoracle:


(1)Statement of cash flow tells you the cash inflows and outflows during a business year. Operational cashflow, investing cashflow and financing cashflow.

(2)FCFF tells you the cash position of the company at a point in time. It tells you the cash the company has/has not from a business activity.

(2) is got from (1).

(1) includes borrowing or repayment of loans.

(2) doesn't include borrowing or repayment of loans. It tells you what the true cash position of the company before you start paying off anything.

That is why (2) is calculated using

PAT (after you have deducted everything like staff salaries, paid suppliers, exceptional items sef, tax and added other incomes gotten during the course of the business)

D & A : Depreciation and Amortization. Any accounting provision made to cover for replacement of equipment, inventory etc

Changes in WC: the changes in the capital deployed for running the business

Capital expenditures: the purchases made to replace equipment.


Once this is highly negative, You see companies going to borrow from banks and it will appear under the "cashflow for financing activities" as could be seen in the cash flow statement.

Toluway will yab me now that I'm writing lengthy post like Onegentleguy

fxuser:
Transcorp
- caution
- lowest ''weekly'' close in 8 weeks or since closing above N2 on a weekly
- its romancing my stop loss lollx

Fidelity
- caution
- lower weekly closure back to back for over 4 wks
- got in this too early , had to let go

Ohh, you answered that Fidelity's call? That support/resistance was too tempting shaaa.

#SupportTurnedResistance

Agbalowomeri:


It is evening again, you don go drink 33 again

E be like say na me drink the 33 o

I was adding a line instead of subtraction.

Apologies CP.

However, I didn't get a positive value. I got a negative value.

I just hope it is not the 33 that is still causing the negative value

mendes911:


Ohh, you answered that Fidelity's call? That support/resistance was too tempting shaaa.

#SupportTurnedResistance

Hunter became hunted.

mendes911:


Ohh, you answered that Fidelity's call? That support/resistance was too tempting shaaa.

#SupportTurnedResistance

Yes at times it is like that. One clue to support and resistance that most people leave out is to study

how price entered and leave the Zone. I make a simple comment when I saw how way price entered the zone.

It was not an high probability trade. You win some and lose some.

RabbiDoracle:


Toluway will yab me now that I'm writing lengthy post like Onegentleguy

Really length and explanatory. Free cash flow simply suggests cash generated internally by a business

without any encumbrances to outsiders and adding back of provisions like amortization Depreciation and any other non cash charges in income statements. Also adjust for working capital increase or decrease as the case may be.

sellydion:


Yes at times it is like that. One clue to support and resistance that most people leave out is to study

how price entered and leave the Zone. I make a simple comment when I saw way price entered the zone.

It was not an high probability trade. You win some and lose some.

I answered same call at 2.95 and saw it ride on to 3.04 but the bus conductor refused to lock the door. Passengers turned round and started alighting at 3.02. I quickly dropped from the bus. That was a red flag for me. And I mentioned it to FXUser same day that "that" wall might get broken next week. Little did I know it would happen sooner.

RabbiDoracle:


Hunter became hunted.

FXuser ain't like you. . He's no hunter!

Will need to study this Free Cash Flow analysis properly. Traditionally I just look at the Statement of Cash Flow.

RabbiDoracle:


(1)Statement of cash flow tells you the cash inflows and outflows during a business year. Operational cashflow, investing cashflow and financing cashflow.

(2)FCFF tells you the cash position of the company at a point in time. It tells you the cash the company has/has not from a business activity.

(2) is got from (1).

(1) includes borrowing or repayment of loans.

(2) doesn't include borrowing or repayment of loans. It tells you what the true cash position of the company before you start paying off anything.

That is why (2) is calculated using

PAT (after you have deducted everything like staff salaries, paid suppliers, exceptional items sef, tax and added other incomes gotten during the course of the business)

D & A : Depreciation and Amortization. Any accounting provision made to cover for replacement of equipment, inventory etc

Changes in WC: the changes in the capital deployed for running the business

Capital expenditures: the purchases made to replace equipment.


Once this is highly negative, You see companies going to borrow from banks and it will appear under the "cashflow for financing activities" as could be seen in the cash flow statement.

Fitch Rates Seplat Proposed Dollar-Denominated Bond Issuance
https://www.businesspost.ng/2018/03/04/fitch-rates-seplat-proposed-dollar-denominated-bond-issuance/

Nigeria's Total Imports in 2017 Drop 8.5% as Exports Rise 59.47%
https://www.businesspost.ng/2018/03/04/nigerias-total-imports-2017-drop-8-5-exports-rise-59-47/

RabbiDoracle:


(1)Statement of cash flow tells you the cash inflows and outflows during a business year. Operational cashflow, investing cashflow and financing cashflow.

(2)FCFF tells you the cash position of the company at a point in time. It tells you the cash the company has/has not from a business activity.

(2) is got from (1).

(1) includes borrowing or repayment of loans.

(2) doesn't include borrowing or repayment of loans. It tells you what the true cash position of the company before you start paying off anything.

That is why (2) is calculated using

PAT (after you have deducted everything like staff salaries, paid suppliers, exceptional items sef, tax and added other incomes gotten during the course of the business)

D & A : Depreciation and Amortization. Any accounting provision made to cover for replacement of equipment, inventory etc

Changes in WC: the changes in the capital deployed for running the business

Capital expenditures: the purchases made to replace equipment.


Once this is highly negative, You see companies going to borrow from banks and it will appear under the "cashflow for financing activities" as could be seen in the cash flow statement.

I know what they mean an how they are gotten. These are clearly indicated in the statement of cash flows presented by the company.

But some of you guys still keep calculating rather than just extracting the required values from the cashflow statement.

ImperialCovfefe:


I know what they mean an how they are gotten. These are clearly indicated in the statement of cash flows presented by the company.

But some of you guys still keep calculating rather than just extracting the required values from the cashflow statement.

I extract my values from there cash flow statement. I don't use the balance sheet.

You just add up the items you need.

RabbiDoracle:


Toluway will yab me now that I'm writing lengthy post like Onegentleguy

please ride on Master!
Who doesn't know you're a writer?
Ain't a talented person has a lot of virtues to write about?

Toluway:

please ride on Master!
Who doesn't know you're a writer?
Ain't a talented person has a lot of virtues to write about?

Ekaro sir.

mendes911:


FXuser ain't like you. . He's no hunter!

Wetin he be? Otenkwu??