The attachment is for those interested in analysts calculated fair price for some stocks. The fair prices are an average from about 7 asset management houses.

In some cases the deviations from the mean vary so widely that it will be risky putting any reliance on the average. In other words this is for information purposes only and to keep the discussion on current market versus fair prices going. The FA guys will like this.

Deadlytruth:

Wicked guy!

Wicked ke? I mean am o. Who no like better thing.

TLAX:
The attachment is for those interested in analysts calculated fair price for some stocks. The fair prices are an average from about 7 asset management houses.

In some cases the deviations from the mean vary so widely that it will be risky putting any reliance on the average. In other words this is for information purposes only and to keep the discussion on current market versus fair prices going. The FA guys will like this.

What you see is what you get

robobo:


i doubt cos d major driver of the Nigerian Economy (oil) is already feeling d brunt as it is set to breach the $60 mark

Yesterday, the world's wealthiest 500 people already lost $117bn - about 2.1% of their collective networth.
We all know those are paper losses though.

But anything can happen to oil in a split second.
Such is the fickleness of the market.
Just erring on the side of caution.

TLAX:
The attachment is for those interested in analysts calculated fair price for some stocks. The fair prices are an average from about 7 asset management houses.

In some cases the deviations from the mean vary so widely that it will be risky putting any reliance on the average. In other words this is for information purposes only and to keep the discussion on current market versus fair prices going. The FA guys will like this.

fcmb and fidelity fair price N2...? Lol. I think they are worth more than N4

TLAX:
The attachment is for those interested in analysts calculated fair price for some stocks. The fair prices are an average from about 7 asset management houses.

In some cases the deviations from the mean vary so widely that it will be risky putting any reliance on the average. In other words this is for information purposes only and to keep the discussion on current market versus fair prices going. The FA guys will like this.

If it's not too much of a bother, can you please attach the fair price from the individual houses. Thank you

Dangflour u no fit kee me. I rather dig it out with registrars than collect N20 with is a 20% discount. Its like doing short term tbills at 20%. I rather wait.

STOCK MARKET GUIDE FOR 6 AUGUST 2019

MSCI still quiet.

Market is still down. This is a period of cautious optimism. We cannot be too aggressive in the market. The market is mirroring what is happening in Nigeria (slow course of action).

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

Mpeace:
Dangflour u no fit kee me. I rather dig it out with registrars than collect N20 with is a 20% discount. Its like doing short term tbills at 20%. I rather wait.

And I am buying at N20.......

Jerekre:


If it's not too much of a bother, can you please attach the fair price from the individual houses. Thank you

Sorry Bro..I didn't save the dataset as per asset manager. I just picked the figure and updated my fair price column as per companies under observation.

Some of original research reports have been updated here in the past and if you are interested in that I could upload some of them.

Mpeace:
Dangflour u no fit kee me. I rather dig it out with registrars than collect N20 with is a 20% discount. Its like doing short term tbills at 20%. I rather wait.

Why will one sell Dangflour @#20
Even TB is now 11% on 364days tenor

Mpeace:
fcmb and fidelity fair price N2...? Lol. I think they are worth more than N4

Lol...don't always go with the analysts. Incidentally those two companies are the ones with the least deviations from average.


Fidelity: N1.76 - N2.80
FCMB: N1.45 - N2.15

TLAX:


Lol...don't always go with the analysts. Incidentally those two companies are the ones with the least deviations from average.


Fidelity: N1.76 - N2.80
FCMB: N1.45 - N2.15

Nor worry when bull enter, dem go up their fair price
Their case na where belle face

hmmm see cloud o

Pay Special Attention to These Four Stocks
https://businesspost.ng/2019/08/06/pay-special-attention-to-these-four-stocks/

Orjiako Sells 3.5m Seplat Shares to Another Investor
https://businesspost.ng/2019/08/06/orjiako-sells-3-5m-seplat-shares-to-another-investor/

currentprice:
hmmm see cloud o

Okay we don see am but e for better if you say something na. It's not all of us that can read and interprete that. Or you're now assistant to Pastor Vee?

Mpeace:
Dangflour u no fit kee me. I rather dig it out with registrars than collect N20 with is a 20% discount. Its like doing short term tbills at 20%. I rather wait.

... same ... here!

Mcy56:

Okay we don see am but e for better if you say something na. It's not all of us that can read and interpreter that. Or you're now assistant to Pastor Vee?

Meaning, some stock will still fall more, pple will average down tire

I no fit be pastor vee assistant na. pastor day greedy small. telling someone that it too early to jump out of dangote flour at 23

Mcy56:

Okay we don see am but e for better if you say something na. It's not all of us that can read and interpreter that. Or you're now assistant to Pastor Vee?

CP no dey easily open up my dear ... I call a spade, a spade

currentprice:
I no fit be pastor vee assistant na. pastor day greedy small. telling someone that it too early to jump out of dangote flour at 23

Ahh No be true ooo! the person want sell yesterday, na him I tell am to wait make it reach 23

I for even sell today if the stock made 10% profit, but unfortunately, I can't sell @20.

currentprice:
I no fit be pastor vee assistant na. pastor day greedy small. telling someone that it too early to jump out of dangote flour at 23

Lol. Pastor self like better thing na.

veecovee:


CP no dey easily open up my dear ... I call a spade, a spade

those days that I use to open up. I still have the mark of d stones u pple threw me on my head.

veecovee:
I for even sell today if the stock made 10% profit, but unfortunately, I can't sell @20.

That means you entered at a price close to N20 shey. Its better you wait till the end then.
Start processing your e-dividend now if you haven't done so.

currentprice:


Meaning, some stock will still fall more, pple will average down tire

Rainy season is here....
Farmers get ready....
Planting is not a one day job...
Even God used seven days.
Not because He could not do everything in a nano second.

onegentleguy:



I notified us when I sold off my stake in DANGOTE FLOUR some weeks ago.(refer to the post above)
While I do not hold the stock anymore, I still believe that the present mkt price is still @ an appreciable discount to what can likely be the eventual buy out price.
That said, a decision on whether to sell or hold will depend on ur LEVEL OF LIQUIDITY, PERSONALITY and INVESTMENT GOAL.
With due consideration of all 3 factors, u can HOLD.
However if u decide to tour that path(which is cool), begin now to process ur e-dividend mandate with EDC registrars, so ur fund wouldn't turn out to be a tied down 'bond' with them.
As a guide;

1) Ensure they(edc) have a specimen signature of ur brokerage A/C captured on their database with emphasis on DF as a security u hold.
To achieve this; follow up with ur broker to fill a transfer form clearly indicating DF and get them to send it to CSCS for verification, warehousing(via ur chn) and signatory. Thereafter, request for the duly stamped and signed acknowledgment copy of ur transfer form from ur broker.

2) Submit ur clearly filled e-dividend mandate form thru ur bank and get them to upload it on the NIBBS platform. ...u must follow up to ensure they do that. Among the banks that are more readily accessible in this regard are GTB, ZENITH, FCMB, STANBIC and STERLING. ...so u can use any of them to get things done faster.
But before the bank uploads ur e-dividend mandate, request(mildly) for an acknowledgment copy after due stamping and signatory by them. U can ask that they make a print out for u right there or u take it out, quickly print it urself and return it to them.

3) Scan the acknowledgement copies of ur e-dividend mandate form(duly stamped & signed by ur bank) and that of ur transfer form(also signed & stamped by cscs) to the official e-mail of EDC and copy the official enquiry/feedback mail ad of ur bank and that of nibbs.
On a side note, also ensure that the target bank A/C u indicated that ur funds be remitted to is ACTIVE with at least N500 as ledger balance beforehand. This is very important... so ur form won't get rejected by nibbs on the way to final processing.

EDC registrars will sure have NO choice whatsoever, but to pay u ur dues in no time !!

NOTE: If a special form is designed for the buyout cash consideration(as was the case with the access/diamond deal), just follow the same steps above. ...only that u will also need to add the said special form with steps 2 and 3.

Regards.

Mpeace:
Dangflour u no fit kee me. I rather dig it out with registrars than collect N20 with is a 20% discount. Its like doing short term tbills at 20%. I rather wait.

Ur right my dear. ...yes its best to wait it out.
This was what I advised all those who consulted me.
The 20% premium on current price is no small value.
It's a great return. ...especially when u consider the present state of the market.
So it would be better to wait it out.
Just ensure u follow thru with the post above. ...and the time to do so is NOW !!

Congratulations to all who made juicy returns in DF !!

Cheers.

veecovee:
I for even sell today if the stock made 10% profit, but unfortunately, I can't sell @20.

You can't share anointing?...