As per UACN: I definitely need to take that course on accounting that I've been putting off for so long. Some people go see good stuff, keep quiet, accumulate wella. God is watching all of una in 5D . Shout out to that doctor that was shouting that Dangote flour was a good buy, even at sub 2 naira.
Shout-out to the very few selfless folks on this forum.
Abeg, if anybody get berra info on Forte Oil, let us know o. No dey chop alone o

DISSECTING DANGOTE SUGAR' Q3 FINANCIAL PRINT.

Perhaps some folks aren't noticing the greatly positive lines with the coys Q3 report.
This is a stock where the possible drive for VALUE signals nothing less than BUY.
With Q3(and looking in on the coys previous 2 quaters), current fundamental stance leaves far more optimism for reward than pessimism with risk(risk-return in view)

High points;

• Outstanding pick up in vol of sugar sales... with 1600bps YoY increment.
While it is not out of place to attribute some of the gains with vol to the recent border closure, it makes a whole lot of sense to say that management were very efficient and innovative especially when u consider that;

1) The push up in vol had come at the back of a higher input cost(mainly raw materials). In retrospect, the average cost of raw sugar accelerated by near 790bps over the course of Q3.
2) The growth in vol came at the back of a similar but much worse decrease over the course of the entire 2018 calendar yr.
For context, over a 3-month timeframe, DSR witnessed a double digit surge in sales @ a faster pace than it did with a YoY contraction in sales margin.
3) Sales saw an over 270bps acceleration relative to the previous quarter despite a slight increase in average price.

• Growth in earnings... it's important to note that Q3 actually witnessed a 500pbs increase in earnings.
However, the slight drop in equity earnings(EPS by circa 6.7% yoy) was majorly the result of a lower interest income and drop in biological assets.
However, there are clear signs for a plausible improvement over the course of Q4.

• Better Operating performance... To weigh in on its profitability strength, the company saw a re-direction and expansion of its EBIT MARGIN.
Elsewhere, the thing about efficiency meant that certain KEY determinant for value(EM, ROAE, ROAA, NET MARGIN AsQ and AsY) all followed a relatively positive path. ...particularly in the last 2 quaters.

I think that this is the best time to gradually look to align with DSR given the present mkt price.
From where am standing, feasible REWARD has greatly overtaken surrounding RISK.
Using a suitable mix of valuation metric, I have FVE of 14.90 with the potential for a no less than N20.70 possible price peg going into YE.

On a sidenote, I believe the current seeming oversupply of its shares on the offer side of trade could well be a crafted attempt to shake-off weak hands from the coy.
To those who hold the stock, hear this; Q3 financial print says its WORTH HOLDING !!

NOTE: DSR is currently not a part of our portfolio.
This piece only aims to guide those looking to align with the company.

CAVEAT: NOT to be infered as any sought of recommendation.
Following ur instinct should still take higher precedence ahead of this post.

mendes911:


This na IGG.

But 10% might drop!

Una go soon learn hard lesson!

RabbiDoracle:


Una go soon learn hard lesson!

10% in profit. That's the drop am referring to. Q3 rebound, maybe.

Very soon we wouldn't have stock trading above #1000. This bear carry woundjurement come.

nofundforme:
Very soon we wouldn't have stock trading above #1000. This bear carry woundjurement come.

Lol..... Killer bear

Access

nofundforme:
Very soon we wouldn't have stock trading above #1000. This bear carry woundjurement come.

Watch your back.silent everywhere.
Members don go shopping since.

No come do follow follow carry last here o.

I don do my own finish.
Na to hand over Kaya to Fpi.
I don begin see green for yesterday/ today transactions Kia Kia.

Agba run,Oracle gain strength.

OBAGADAFFI:

Wealth.ng( Sankore Securities Limited) is a Stockbroker like investnow.ng(UCAP) .

Nigerian entrepreneurs need to learn that one of the best ways to grow a startup is by hyping the association with an established business, if any.

Nothing wrong with including something like "investnow.ng, from the stables of UCAP".

It's 2.30.market closed.
Cp,we need to replace your lost bell.
Stolen by bears

http://www.nse.com.ng/Financial_NewsDocs/28183_DANGOTE_FLOUR_MILLS_PLC_CORPORATE_ACTIONS_NOVEMBER_2019.pdf

New board entirely emerge as old things pass away

Mcy56:

Wow! This is deep, wrong and uncalled for.
CP has always mentioned here that you're good and never speak badly of you. Constructive criticism and correction can only make you better in what you're doing. Plz erase this wrong notion in your mind.

I say things EXACTLY the way they are. The young man doesn't like me one bit and he doesn't hide it.

The truth is that my success in life in not in any way dependent on whether or not he likes me, so I really do not care the least what his sorry position is.

By the way, do you work with Cardinal Stone?

Stock with new 52 week lows
Champion breweries #0.90k
Stock with new 52 week highs
Trans nationwide express #0.85k

meshpips:
I say things EXACTLY the way they are. The young man doesn't like me one bit and he doesn't hide it.
By the way, do you work with Cardinal Stone?

Hhmmm. It's well.
For Cardinal Stone, no I don't.

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/28183_DANGOTE_FLOUR_MILLS_PLC_CORPORATE_ACTIONS_NOVEMBER_2019.pdf
New board entirely emerge as old things pass away

No single Nigerian/African among the board and they will still target our market shey? Dem try.

http://www.nse.com.ng/Financial_NewsDocs/28184_DANGOTE_FLOUR_MILLS_PLC_CORPORATE_ACTIONS_NOVEMBER_2019.pdf

Dangote Flour Mills Plc – Scheme of Arrangement Becomes Effective

Mcy56:

No single Nigerian/African among the board and they will still target our market shey? Dem try.

Na so we see am

owoblow77:
For whoever is interested:
CSL gave some insights into UACN third quarter result:.

They also gave buy recommendation with a target price of 10.30. We are observing.

Oga Owoblo, sorry for not responding earlier. The thing be say UACN is good going forward. I will try and put my thoughts forward later.

owoblow77:
As per UACN: I definitely need to take that course on accounting that I've been putting off for so long. Some people go see good stuff, keep quiet, accumulate wella. God is watching all of una in 5D . Shout out to that doctor that was shouting that Dangote flour was a good buy, even at sub 2 naira.
Shout-out to the very few selfless folks on this forum.
Abeg, if anybody get berra info on Forte Oil, let us know o. No dey chop alone o

My picks are
1. Zenith
2. Uba,
3. Gtbank
4. AP Plc,
5. Dangote Cement

pluto09:

Happy new month to everyone on this forum.....

And a special shout out to OGG for his openness in stock analysis and recommendations, more synovial fluid to your elbow.

Now that most companies have released their 9 months results, I want to challenge all of us to put forward our top stock picks going into 2020 for a robust dabate and analysis....
I will be putting up my own shortly just like I did after q2 announcement of results.

Wish everyone a successful month


Cc: Oracle
OGG
Cp
Agba
Mendes
Rebekah

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/28184_DANGOTE_FLOUR_MILLS_PLC_CORPORATE_ACTIONS_NOVEMBER_2019.pdf

Dangote Flour Mills Plc – Scheme of Arrangement Becomes Effective

So Olam owns Crown flour-mills.

Mcy56:

No single Nigerian/African among the board and they will still target our market shey? Dem try.

. No be tribalism we need na efficiency. Let them proof themselves. Though make some witches around no saboteur o

Agbalowomeri:
Signing out for the year
Many thanks for the opportunity to learn from you all
Merry Xmas, happy new year in advance
Wishing you a red November candle

Kisses to my ladies in the house
Jah bless

Oga Agba, come back here. After you have shown the forum your left hand, you want to run. No lady wants to kiss an Ifa priest.

Hope you don't want to leave the Israelites on top of the red sea.

meshpips:


NSEMPA is a place for HASTY TO CONCLUDE investors who would rather believe a baseless conclusion from one of their own than to carefully weigh a new entrant's (to the thread) work and judge him by what presents.

May the losses of everyone that refused to listen and heed to my recommendations be on the head of @northeastern who publicly labelled me a scammer without having any prior knowledge of me.

What you have made them lose by your singular action will be multiplied back to you.

Meshpips, don't feel guilty. Repentance is available to anyone.

OBAGADAFFI:



Your recommendation ke,

What are you smoke this morning ?

Stock businesses is not like that KALOKALO called online FOREX trading.

Please let have peace

...FOREX trading is not "kalokalo" if you trade it like any other business. I'm making a living from it as well. Even some people perceive stocks investment to be kalokalo. Everything boils down to non-understanding of the basics and its principles

BullBearMkt:

...FOREX trading is not "kalokalo" if you trade it like any other business. I'm making a living from it as well. Even some people perceive stocks investment to be kalokalo. Everything boils down to non-understanding of the basics and its principles

The guy i quoted has burnt people account within 2 days in the name if FOREX.

FX is more of TA than FA, that is way we dont find Long-term traders on FX.

https://www.nairaland.com/4934787/forex-trade-alerts-season-19/217#82821643

"The intelligent investor is a realist who sells to optimists and buys from pessimists."

Benjamin Graham,

swilo:


Meshpips, don't feel guilty. Repentance is available to anyone.

You can't be using a tool/model which keeps making losses/causing you to lose money and then insist that it is correct.

Before repentance, he needs to change his tool, then back-test his strategies.

pluto09:

Happy new month to everyone on this forum.....

And a special shout out to OGG for his openness in stock analysis and recommendations, more synovial fluid to your elbow.

Now that most companies have released their 9 months results, I want to challenge all of us to put forward our top stock picks going into 2020 for a robust dabate and analysis....
I will be putting up my own shortly just like I did after q2 announcement of results.

Wish everyone a successful month


Cc: Oracle
OGG
Cp
Agba
Mendes
Rebekah

Market is bullish and I will keep saying it.

Buy sensibly!

3FUGAZ. All of them will rise so fast. Just Fasten your seat belt. The "A" is already leading the rise.Very wicked!

Saudi Aramco on Sunday announced its intention to proceed with an initial public offering in Riyadh. The final offer price, number of shares to be sold and percentage of the shares to be sold will be determined at the end of the book-building period.

9-MONTHS FINANCIALS

Revenue, other income related to sales at $244 billion.

Net income at $68 billion.

Free cash flow $59 billion.

Capex at $23 billion.

DIVIDENDS.

Board intends to declare aggregate ordinary cash dividends of at least $75 billion for 2020, in addition to any potential special dividends.

Nov. 1, Aramco declared an ordinary dividend of $13.4 billion for quarter ended Sept. 30.

To declare an interim (ordinary) dividend of a maximum of $9.5 billion, after obtaining the necessary approvals from the board, prior to the date of allocation of the shares to the institutional subscribers and individual investors.

These dividends will be paid to the government (in its capacity as the sole shareholder in the company) and investors in the shares will not be entitled to any portion of these dividends regardless of when they are paid.

Subject to certain exceptions, the company will declare an interim (ordinary) dividend of $3.9 billion with respect to the period from (and including) the date of allocation of the shares to the institutional subscribers and individual investors through Dec. 31.

It will be paid from the company’s cash-on-hand