Infinitisi:


Good morning my Oga. In Peterichy's voice how are your made in China candles

...Japanese have taken over and the candles are lightning BULLS and BEARS

wanaj0:


AND why do you think the biggest investors are not offloading? Why are those BIG investors not in Wema, Japaul, Skye and co?

those big investor are not in nem and union diag but you and currentprice respectively bought them anyway

rebekah2011:
Wema cannot be in the league of Skye, Japaul, Oando and other loss making companies now. Wema is profitable.

WEMA is still small compared to FCMB, FIDELITY.

before i concludes my analysis on company stock, i take into consideration of growth as well. in banking stock apart from unity bank which i have not look into, WEMA bank have the lowest growth rate with PEG ratio close to 2.0

growth rate was reason for my picking stambic bank as one of the cheapest stock yesterday. stambic have the highest growth rate follow by gtb with PEG ratio of 0.55 and 0.57 respectively.

investors nowadays are not that blind no matter our shout on any stock, they know what best for them except the gambler.

things may change 2morrow sha but as at today WEMA is no no for me

onegentleguy:
Like I said before, the criterion for choosing WEMA was based on the coys INHERENT GROWTH. ...That bank is a GREAT growth coy.
Let me point out this very important factor;
With finding GREAT BARGAINS in the stock market, there are 2 core areas to focus on;
1) Look out for the GROWTH BEHIND THE VALUE !!
This is where coys like WEMA, MAY&BAKER and INTERNATIONAL BREWERIES currently fall in.
...and where companies like BETA GLASS, CUSTODIAN, UNILEVER and a few others had it roots. I recall that this was how I spotted the growth potential of BETA GLASS when it was still selling for FAR LOWER than its current market price.
That's GROWTH investing approach.

2) Look out for the VALUE BEHIND THE PRICE !!
This is where coys like CAVERTON, UPL, UNIONDAC, AIICO, NEWREST ASL, UBA, ZENITH, and JB currently fall in.
...and where a company like FIDSON HEALTHCARE and C&I LEASING had its roots. Folks can remember how FIDSON rose from just above N1 to more than N6, returning over an incredible 500% gain !!
This is VALUE investing approach.

Both APPROACH can make one some very good ROI.
When u can spot a 'gap' wide enough to make for a great margin for either the GROWTH or VALUE potential in a coy, RUN IN and ask questions later !!
...this is KEY, and an almost certain root to EXCEL in the market !!

Regards.

More speed to your propeller.

U are important here

Large Trade:

2 million Cornerstone Insurance shares valued at N400,000 traded in one deal.


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Mcy56:

Are you also prof2007 ?

Nope

currentprice:
before i concludes my analysis on company stock, i take into consideration of growth as well. in banking stock i can tell you WEMA bank have the lowest growth rate with PEG ratio close to 2.0

growth rate was reason for my picking stambic bank as one of the cheapest stock yesterday. stambic have the highest growth rate follow by gtb with PEG ratio of 0.55 and 0.57 respectively.

investors nowadays are not that blind no matter our shout on any stock, they know what best for them except the gambler.

things may change 2morrow sha

Leave wema matter abeg. I see it the same way I see unity bank. They are both govt banks, no matter how they perform, even if they cook thr books, govt will never let them fail. But they never really grow like the rest. I never see wema doing what a bank like uba, access etc did ie growing from 3-10.

CORNERSTONE INSURANCE COMPANY PLC - 2,525,400 FULL BID

Any new/rumors here

currentprice:
before i concludes my analysis on company stock, i take into consideration of growth as well. in banking stock apart from unity bank which i have not look into, WEMA bank have the lowest growth rate with PEG ratio close to 2.0

growth rate was reason for my picking stambic bank as one of the cheapest stock yesterday. stambic have the highest growth rate follow by gtb with PEG ratio of 0.55 and 0.57 respectively.

investors nowadays are not that blind no matter our shout on any stock, they know what best for them except the gambler.

things may change 2morrow sha but as at today WEMA is no no for me

But there's one thing I notice about currentprice I know.

Stocks with big tanks (OS) are always no for him, despite how good they are doing.

Sir, when last did you buy dangcem, gtb, fbn etc

OBAGADAFFI:
For those buying First Aluminum

https://nairametrics.com/first-aluminium-delisting/

Are you asking us to accumulate??

rebekah2011:
But many companies do use the share premium to adjust against the negative retained earnings to allow them to pay dividend in the future. That is one of the uses of share premium account. I do not think it is any abracadabra. But there are too many good stocks way above Wema. It is the choice of any investor to buy any stock that he/she sees an opportunity to make it in the market. It is good that the alarm bells are ringing sha.

Firstly ONLY FEW companies have NEGATIVE retained earnings.

If the company is generating enough profit , the profit can be used to change the retained earnings from negative to positive

The Abracadabra is that the route taken by Wema (Wema is not the only one) will 'hide' things from the unsuspecting investor. It becomes the more you look the less you see.

Uniondac.

OBAGADAFFI:
CORNERSTONE INSURANCE COMPANY PLC - 2,525,400 FULL BID

Any new/rumors here

Contrary. There is still over 2m units on offer

veecovee:

But there's one thing I notice about currentprice I know.

Stocks with big tanks (OS) are always no for him, despite how good they are doing.

Sir, when last did you buy dangcem, gtb, fbn etc

i know from ur body language you owns the stock. you are free to listen to what u want to hear. that is my own opinion sha

swilo:
A question please, what does it mean when we say:

PROFIT FOR THE PERIOD is 11,843 and TOTAL COMPREHENSIVE INCOME FOR THE PERIOD, NET OF TAX is 8,514 when tax has been deducted previously.


Secondly, wouldn't it be right to factor in the reclassified losses when calculating the true EPS?

Is there a separate account where these reclassified losses are channeled to (eg the retained earnings)?

#refer to Fidelity H1 result.

They relate to income that are not subjected to tax in the current year. Most times they relate to reclassifications

veecovee:
those big investor are not in nem and union diag but you and currentprice respectively bought them anyway

Again, I have my own CRITERIA for selecting stocks. It is NOT just about making money.

I don't own any Union Diagnostics.

I own NEM. It is currently the largest contributor to my portfolio and I am selling down. Those that know me from my SMN days can still remember why I bought NEM.

You are free to buy any stock that you like based on your SPECIFIC SITUATION.

Mpeace:
Uniondac.

Your eyes refused to commot there?

currentprice:


i know from ur body language you owns the stock. you are free to listen to what u want to hear. that is my own opinion sha

not only it, I own many stocks and at the same time neither a friend nor foe to any. When I sell, I don't look back

Mpeace:
Uniondac.

Let them bring it below 25k. I still want to add more unit to the ones I bought at 27k. 6 months investment of this stock on my mind.

onegentleguy:
Like I said before, the criterion for choosing WEMA was based on the coys INHERENT GROWTH. ...That bank is a GREAT growth coy.
Let me point out this very important factor;
With finding GREAT BARGAINS in the stock market, there are 2 core areas to focus on;
1) Look out for the GROWTH BEHIND THE VALUE !!
This is where coys like WEMA, MAY&BAKER and INTERNATIONAL BREWERIES currently fall in.
...and where companies like BETA GLASS, CUSTODIAN, UNILEVER and a few others had it roots. I recall that this was how I spotted the growth potential of BETA GLASS when it was still selling for FAR LOWER than its current market price.
That's GROWTH investing approach.

2) Look out for the VALUE BEHIND THE PRICE !!
This is where coys like CAVERTON, UPL, UNIONDAC, AIICO, NEWREST ASL, UBA, ZENITH, and JB currently fall in.
...and where a company like FIDSON HEALTHCARE and C&I LEASING had its roots. Folks can remember how FIDSON rose from just above N1 to more than N6, returning over an incredible 500% gain !!
This is VALUE investing approach.

Both APPROACH can make one some very good ROI.
When u can spot a 'gap' wide enough to make for a great margin for either the GROWTH or VALUE potential in a coy, RUN IN and ask questions later !!
...this is KEY, and an almost certain root to EXCEL in the market !!

Regards.

Again when you say GROWTH what is the driver for the GROWTH? Is there any discernible strategy? Do you have confidence that the management/board can actually do better than the competitor? What is the advantage that they have over the competition? How able are they to retain their 'good staff'?

GROWTH does not occur in a vacuum.

Subject those companies to Porter's 5 Forces analysis and see what you will find!

Large Trades:

11.6 million Fidelity Bank shares valued at N19.3 million traded in 54 deals.

1.6 million Linkage Assurance shares valued at N1.1 million traded in 16 deals.


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Loving d FA banter ! Great stuff

wanaj0:


Again, I have my own CRITERIA for selecting stocks. It is NOT just about making money.

I don't own any Union Diagnostics.

I own NEM. It is currently the largest contributor to my portfolio and I am selling down. Those that know me from my SMN days can still remember why I bought NEM.

You are free to buy any stock that you like based on your SPECIFIC SITUATION.

You also forgot to add that your average purchase price is less than 50k even though the stock never traded for less than 50k on NSE!

Infinitisi:
Large Trades:

11.6 million Fidelity Bank shares valued at N19.3 million traded in 54 deals.

Download the app via your Playstore or Apple Store

Fidelity
- d sellers hv found willing buyers
- prev poor entries hv FA to console d wounds

Mpeace:
Uniondac.

UNIONDAC volatility is fearful.

kolaish:
Contrary. There is still over 2m units on offer

Sorry, my eyes were seeing something else

OBAGADAFFI:


UNIONDAC volatility is fearful.

fear is needed lolx

kolaish:
Let them bring it below 25k. I still want to add more unit to the ones I bought at 27k. 6 months investment of this stock on my mind.

union Diac is still on my radar but best at 20kobo.Take a look at Aiico,prestige and caverton lat
est results and compare to union Diac.The numbers I see in AIico and prestige is far better than union diac judging by their current prices,os,earnings and profits.

fxuser:


fear is needed lolx

Waiting for another rounds Breakout.

wanaj0:


Again when you say GROWTH what is the driver for the GROWTH? Is there any discernible strategy? Do you have confidence that the management/board can actually do better than the competitor? What is the advantage that they have over the competition? How able are they to retain their 'good staff'?

GROWTH does not occur in a vacuum.

Subject those companies to Porter's 5 Forces analysis and see what you will find!

... i c

mendes911:


You also forgot to add that your average purchase price is less than 50k even though the stock never traded for less than 50k on NSE!

Hmmmmmm. I call that average 'holding' price