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Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 10:11am On May 15, 2019 |
stcool: I cannot understand while all this analysts are so fixated on EBITDA. What I want to know is PAT, eps and p.e. With that I will be able to do my own assessment of the right value for mtn. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 10:15am On May 15, 2019 |
Mcy56: Junk Journalism...obviously meant bids |
Re: Nigerian Stock Exchange Market Pick Alerts by Tolktob: 10:22am On May 15, 2019 |
stcool: offer to buy ! |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 10:26am On May 15, 2019 |
Inflation Rises to 11.37% in April on Hike in Food Prices https://businesspost.ng/2019/05/15/inflation-rises-to-11-37-in-april-on-hike-in-food-prices/ NSE Records Surge in Retail Investor Participation https://businesspost.ng/2019/05/15/nse-records-surge-in-retail-investor-participation/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:26am On May 15, 2019 |
pluto09: Is this Oga in the medical field Lol |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:35am On May 15, 2019 |
Agbalowomeri: pluto09: |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:44am On May 15, 2019 |
Mcy56:Please do me a favour, always jump and pass whenever you see my post and you don't like it. I never blame anyone for my action, unless you have done that on my behalf. |
Re: Nigerian Stock Exchange Market Pick Alerts by austinkenneth: 10:44am On May 15, 2019 |
stcool: If they take it to N180, they should better be ready to support it there themselves with their money. They'll be expecting the retail investor to buy from them at N180. Dem no serious. This stock is setting itself up to trade below listing price. A good number of retail investors today are experienced. They are battle tested from the 2007 era. They wouldn't bulge until it goes below listing price. Afterall, how many stock a trading above their listing/IPO/PO prices? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:49am On May 15, 2019 |
Chibuking81:I can't but stop by to comment cos of your blowing hot and cold. You already said you would keep your info to yourself, why spamming the thread upandan again? Guess a reminder should be in order. You may do well to limit your spamming as well. We don hear. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:53am On May 15, 2019 |
Stock Market Indecision |
Re: Nigerian Stock Exchange Market Pick Alerts by Bacteriologist(m): 11:11am On May 15, 2019 |
Hello stock traders, I am a novice trader, I trade mostly Forex. Though I hear the stock market is equally a good place to invest in for better returns, I know next to nothing about the market. So I need professional advice on the recently announced MTN shares listed at N90 per share. What are your thoughts? Is it a good price? Would you advice I buy some of it? What broker would you recommend I trade this stock with? 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 11:25am On May 15, 2019 |
pluto09: God bless u plenty why make something so simple complex we call it bamboozing 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by prof2007: 11:39am On May 15, 2019 |
Bacteriologist: Check this post: https://www.nairaland.com/5188859/how-buy-mtn-shares-nigerian#78407888 |
Re: Nigerian Stock Exchange Market Pick Alerts by yungestmoney(m): 11:42am On May 15, 2019 |
stcool:I have some questions I'll love to pass across to u sir, can I send u a mail? |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 11:51am On May 15, 2019 |
PETERiCHY: MTN MAGO MAGO is finally here DONT BE TRAMPLED in the STAMPEDE. BARGAIN HUNTERS TAKE NOTE!
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Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 12:02pm On May 15, 2019 |
453b pluto09: |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 12:05pm On May 15, 2019 |
yungestmoney: Post it here... You will get more contributions |
Re: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 12:27pm On May 15, 2019 |
stcool: Hahahaha. Cordros Capital sha. They are involved in this listing and have now sent out their analysts to damage people's pockets. Na waa o. I'm a client of theirs and they sent me their usual sweet analysis by email this morning, with MTN as the topic of course. Only for me to realize they are probably one of the book runners. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 12:28pm On May 15, 2019 |
pluto09: rebekah2011: bro what is the net asset? Cc Rebekah |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:39pm On May 15, 2019 |
90 naira/ share mmm.. I’ll wait this one out.. this is not PZ or nestle era oo.. na trader full nse now and I just need few of them on board mtn, the price go com down 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 12:45pm On May 15, 2019 |
Retail investors should no bother until price hits... N180 it will not be available. Just coming from an event hosted by Renaissance Capital at Intercontinental hotel...Annual Pan Africa Investor Conference. Big boys are not smiling I gum body follow go Market will be sweet tomorrow Don't be carried away... even by any expert, exercise caution. Funny thing is the event has Cordros and Renaissance on it. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 12:51pm On May 15, 2019 |
stcool: Notore yet to leave #62 listing junction..........mtn ok na |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 12:53pm On May 15, 2019 |
rebekah2011: Are you sure about this? I am talking about net profit and not gross profit. If PAT is 453b then eps will be 453/20 which gives us 85.6. If that is true, mtn will be selling at a ridiculous low price at N90 as p.e will be close to 1 . impossible |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 12:59pm On May 15, 2019 |
pluto09: how 85.6? u mean 22.5 |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:02pm On May 15, 2019 |
pluto09: Don't mind him. Q1 2019 PAT was N48.4b. Try and extrapolate this to 4 quarters. And it could come lower possibly. I don't do IPO. I wish people can learn from times before 2008 crash. But wetin concern me. No be my money! 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 1:02pm On May 15, 2019 |
pluto09: rebekah2011: @ Rebakah, the figure of 453B u quoted as PAT for YE 2018 is incorrect !! I have copies of MTN Nigeria results including that of Q1 2019. When analysing their financial print, its important to focus and work solely with that of MTN Nigeria, as that is the only subset thats been listed. For FY 2018, the group made a PAT of approx 145.7B... up by near 80% from the previous year(2017) guidance. ...with Attributable earnings(EPS) rising by approx same margin(79.7%) from just above N199 in 2017 to N357.87 in 2018. Revenue also came in good amidst a cut down across the groups cost line, safe for the core of the company's roaming cost and DNOP. I have been impressed by the drop in cost related to VAS, finance cost and transmission cost. From where am standing, there seems to be far more pros ahead of cons with their result. Adjusting for risk @ zero growth, the expected listing price seems a juicy bargain, but then, this is Nigeria... and this is the NSE. But then again, we are talking about MTN !! Time will not permit me to give an in-depth analysis of their financial print. Cheers. #backtowork |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 1:06pm On May 15, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:09pm On May 15, 2019 |
pluto09: That was what starcomms used. They were reeling out losses(LAT and not PAT) and they kept using EBITDA because this was positive. All men went to their tents when EBITDA started showing negative. Sometimes @deepsuck says the truth about scammers trying to turn people to shellholders. IPO ~ It's Probably Overpriced. 9 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 1:11pm On May 15, 2019 |
currentprice: Thanks for the correction. |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 1:12pm On May 15, 2019 |
People will make money from MTN listing tomorrow... Just make sure you have a bench mark for you buy, mine is set at N100, but with the buzz I am seeing then may be N100-120 I will buy. But I am sure people, MTN will make most people very rich. |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 1:12pm On May 15, 2019 |
onegentleguy: You are well appreciated, thanks. |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 1:14pm On May 15, 2019 |
RabbiDoracle: I don't do IPO myself. This one might be different if I am convinced by their number. |
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