onegentleguy:


My Pleasure Sir !!

Indeed I understand ur optimism on DANGOTE CEMENT but don't worry, my revert as promised will reveal whether u should be.
...it will be an in-depth and all-touching analysis of the company.
It promises to be a THOROUGH EXPOSE with a follow-up GUIDANCE on how best to play this asset !!

Regards.

drills:
On MTN Nigeria stocks, do anyone know their current EPS?

Danniee:
Pls what is the different between CSCS and Morgan Capital?

onegentleguy:
Christ !! ...so many pages to read from to catch up.
Didn't expect this much.
Thought the holiday season would mean that most folks will take a break.

Indeed money seem to matter more !!

onegentleguy:


My Pleasure Sir !!

Indeed I understand ur optimism on DANGOTE CEMENT but don't worry, my revert as promised will reveal whether u should be.
...it will be an in-depth and all-touching analysis of the company.
It promises to be a THOROUGH EXPOSE with a follow-up GUIDANCE on how best to play this asset !!

Regards.

longlife20:
http://www.nse.com.ng/Financial_NewsDocs/28494_VITAFOAM_NIG_PLC._FINANCIAL_STATEMENTS_DECEMBER_2019.pdf

locodemy:


Ekwe nti

longlife20:
http://www.nse.com.ng/Financial_NewsDocs/28494_VITAFOAM_NIG_PLC._FINANCIAL_STATEMENTS_DECEMBER_2019.pdf

fxuser:
EOY Price action
We've gone from things could get worse to things cud get better
- in place of Dec rally , we have Dec Support with prices finding buyers at day lows
- monthly charts shows prices are above monthly open and prev month close (positive)
- prices also above prev weekly close (positive)
- no strong vol to downside , good support for late comers
- if price is below your entry , no biggie , calm
- if ur in profit end , no biggie
- will give a deeper technical analysis update
- let me know wat stocks u want to look at

RabbiDoracle:


In just 3 months (between July and September 2019):

Revenue rose from 18.8b to 22.283b... This is 18.5% increase

Cost of Sales rose from 12.858b to 13.52b...This is 5.1% increase.

Gross Profit rose from 5.966b to 8.762b....This is 47% increase.

Operating Profit rose from 2.38b to 4.44b....This is 86.5% increase.

PBT rose from 1.658b to 3.495b.... This is 110% increase

PAT rose from 1.142b to 2.386b.....This is 109% increase.

All in just 3 months!

edwardaigb:
Please is nse open today? complements of the season
to all.

onegentleguy:
Christ !! ...so many pages to read from to catch up.
Didn't expect this much.
Thought the holiday season would mean that most folks will take a break.

Indeed money seem to matter more !!

Danniee:
Pls what is the different between CSCS and Morgan Capital?

Momoney54:

Dang cement pls, with all their share buy back wahala...is that a go sign? Thanks

STNWAUME:


UACN

pluto09:



This is a bomb

fxuser:


FOAMED UP
lol

onegentleguy:
Scanning through most past post, I observed that the talking point here and a few other key forum I belong to has been the recent news sorrounding coys in the cement business segement, particularly DANGOTE CEMENT.
I see there are worries over;
● The proposed reverse stock split and share repurchase scheme with DANGOTE CEMENT,
● The recent turnaround of the path to resurgence of earnings and growth trajectory with LARFAGE WAPCO and if it can be sustained
AND
● The recent wave of mergers(kalambania and obu in view) surrounding CCNN.

The PUZZLE is in which amongst the 3 coys presents a better route to VALUE !!(risk-reward margin in view)

Ealier today, someone asked me a pivotal question in one of the telegram forum I belong to.
He said; If u had N14M to invest in this sector, which would u choose to buy between a 100,000 unit of DC, 1M unit of WAPCO or little less than that in CCNN given their current market price?
What is the best route for one looking to maximize returns from both a possible cap appreciation and dividend cashflow reward?

I see the honest quest for answers to what I call corporate governance puzzles with all 3 coys.
Some folks are worried about WAPCO given the recent resignation and immediate employment of its former CEO/MD to DC, but in truth, while there a few worries with all 3 coys, there is even more with DC.
With DANGOTE CEMENT, puzzles like;

1) Why is the company embarking on the duo(2) proposal of a share repurchase scheme and a reverse stock split(I observed that folks have paid less attention to this line) at a time that it has a free float difficiency?
...what could possibly be the motive behind it all?
2) What are the likely merits(feasible reward) and demerits(inherent risk) to the proposal and how best can u weigh them?
3) Are there really any benefit with the proposal to a minority shareholder?
4) Does the PE investor, South Africa's PIC still hold its 1.5% stake(following the $289.3M investment in 2013), and who currently represents it on the board of DC, after the former rep, Mr Fidelis Madavo, a non-executive director resigned towards the end of Nov, 2019, following his supposed role and resultant trial in a 4.3B rand Ayo transaction scam in South Africa?
5) Why was the closed period(a process which restricts insiders from trading in the shares of a coy prior to a sensitive corporate governance announcement) originally scheduled to hold between Nov 20th to Dec 6th cancelled?
6) Why has the share price underperformed since the said announcement despite the seeming euphoria sorrounding the company?

I shall attempt to supply answers to these 6 questions and many more later today !!

Salah

TLAX:


Thanks. Could you speak on the fllw

- Julius Berger
thin vols at the same price . no comms
- Guinness
not out of d woods
- Conoil
positive divergence suggest bearish weakness but lacks momentum for now (see weekly rsi) unlike sep & okomu
- Seplat
bullish , weekly brk out with very positive momentum indicators , back abv 200-ema
- Okomu
bullish , making higher weekly closures trading abv 50-ema


Tnks

locodemy:
Cp, compliment of the season.
No one is dragging seat with you.
Your stock picks are superb.

Uchetoba:
Yes the market has just opened go and buy or sell what you want.

edwardaigb:
Please is nse open today? complements of the season
to all.