Welcome back Sir OGG

onegentleguy:


U are really trying with ur dig on AIICO' FPs bro !!
On the part in bold, we mentioned it here(with some cursory analysis to back it up back then)
AIICO at the time was still trading @ circa 65k at the time.

Well, the rest is history !!

Hallelujah hallelujah OGG is back.
Dancing Dancing Dancing

onegentleguy:
Analysis:
Over 97 pages to read from.
Approx 53% of it mostly the result of e-fighting, unnecessary debates and prank playing.
Near 22% the result of repeated questioning.
While just less 26% can be considered useful input.

Thanks to the likes of @ RabbiDoracle, Rebakah, meshpips, Pa Emma, mcy56, TLAX, Sayisanya, deyaluchukwu, Ositadinma and all those who contributed to that 26%.
Chai... my men were right about this place !!

...it is well.

Thank God! Mhmmm I'm so glad you are back. We missed you plenty!
Welcome back

onegentleguy:


The mistake u made was adding up the div and bonus before deducting from the equity price. U need to 1st deduct the div from price before running the result over the bonus ratio.
So u are among those who jump off the window when maths lesson are thought back in school days.

I believe the intent is to find out what would be the equity price of JULIUS BERGER on mark down date.
...a brief;
Where a coy declares a bonus plus dividend, simply use this formula to compute the mark down price;
Mark down price(Mp)= [(Pbm-Dd) X Br(Br+1)]
Where only a bonus was declared, use the formula Mp= Pbm[Br(Br+1)], and if its only a divided, simply use
Mp= Pbm--Dd.
...Where Pbm is the equity Price before mark down, Br is the Bonus ratio while Dd is the Dividend declared.

With the JB example, the coy closed on Friday @ N27.2, and if we assume that Wednesday is the mark down date, then using the formula above, Mark down price Mp= [27.2-2[1/5(1/5+1)]= 25.2x5/6= N21
Therefore on a N2 div and 1 for 5 bonus issue, mark down price @ N27.2/share of JB= N21
So @ rebakah was correct !!

For emphasis, just substitute the price of JB on qualification date or previous mkt closing price before markdown(Pbm) in the formula to get the Mark down price.
A N32 price on the qualification date should give a N25 price after mark down.

For details of how the formula was derived, refer to the link from my past post below for clues.
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/3362#66247730

cc: MishdaFish

Our dear sir OGG is back oooo. Welcome sir

O my God!!!
I’m in tears right now.
OGG is back.
The squad is now complete.
With charity towards all and malice towards none.
Welcome back OGG.

RabbiDoracle:

In engineering, when you design an equipment, the next stage should be the line of processes that you will use to mass produce the design. Because delaying in producing/replicating the idea or equipment will lead to increased demand, sought for alternatives, financial loss etc

When you design a financial tool/model, your next step should be how to easily calculate parameters for a whole range of stocks and instruments. VAP is cumbersome. I have mimicked it before when we argued last year.

Now I want you to list any stock on any exchange globally, give me the ticker symbol and tell me the time frame you want. I will try to forecast the possible price it could get using advanced pattern recognition.Once you do this, my reply to your question will be in less than 5 mins.

We have done that of Bitcoin. And I have updated you.

Tell him bro !! ...Tell our dear meshpips. He doesn't seem to know !!

Welcome back, boss OGG! You were missed!

[quote author=stcool post=89952529]Good day all, please I need info for a friend.

A friend wants an investment that can guarantee 10% - 15% per annum.

He is an Igbo businessman and used to invest in treasury bills hence he is looking for another investment opportunity.

He does not want to do fixed deposit due to low rates, No stock market.

*Initial investment N20M

Anyone knows any good investment/assets management company that can deliver. Preferably an investment house may be bank/ insurance subsidiary etc that can pay a return of 10 - 15 % per annum.


Thanks
cc: Oracle, Pa Emma, CoolCash, Loco, etc.

Kindly help. [/quote

I will suggest 30% of capital in VGIF with Gurranteed 8.5% interst and extra 35% of funds profit, 30% in Zenith Bank shares and 40% sukuk bond
Incase any business show up he can quickly cash out of VGIF without penalty since interest is earned daily and paid twice a year, though Zenith is equity, dividend is sure since 2004. Sukuk 11.2% is double sure for Seven years.

RabbiDoracle:

Ok.

Let me forecast mine.

I have done that of bitcoin.

Once Zenith breaks 18.50 resistance in June 2020, it should do 2 things :

(1)heads straight to 21.50 and and Bounce backwards to 19

(2) trades sideways at 18+ for some weeks before it fires off again.

The first target is 21. I believe it can do 21 between now and July 2020.
At 21, Zenith goes to canteen in Lokoja to eat Nkwobi and Isi-ewu and flush it down with 3 bottles of Big stout to prepare for the journey ahead

This is more like it... good one bro !!

I remember advising a colleague to buy into BTC @ $6,370. He refused to buy saying it was a bit too expensive then... but later went back to buy @ above $10,020 without notifying me. Weeks later, he dashed to my office bunk, shivering with fear after it went down to $8,900. I could feel his heatbeat pulsating really fast.
...dude was in sky high panic mode.
I had to advise him to take a chill pill and relax because it would still rise back above his entry peg.
...my projection is a near $14,730 price.
The Fed does not want BTC to gain prominence but folks are massively taking position given the immense liquidity brought about by this pandemic. ...people are seeing it as another good store of value.
Technically, the asset recently made a golden cross.

It's a good place to be. But then again, I love them those coys in this ur post !!

onegentleguy:



The mistake u made was adding up the div and bonus before deducting from the equity price. U need to 1st deduct the div from price before running the result over the bonus ratio.
So u are among those who jump off the window when maths lesson are thought back in school days.

I believe the intent is to find out what would be the equity price of JULIUS BERGER on mark down date.
...a brief;
Where a coy declares a bonus plus dividend, simply use this formula to compute the mark down price;
Mark down price(Mp)= [(Pbm-Dd) X Br(Br+1)]
Where only a bonus was declared, use the formula Mp= Pbm[Br(Br+1)], and if its only a divided, simply use
Mp= Pbm--Dd.
...Where Pbm is the equity Price before mark down, Br is the Bonus ratio while Dd is the Dividend declared.

With the JB example, the coy closed on Friday @ N27.2, and if we assume that Wednesday is the mark down date, then using the formula above, Mark down price Mp= [27.2-2[1/5(1/5+1)]= 25.2x5/6= N21
Therefore on a N2 div and 1 for 5 bonus issue, mark down price @ N27.2/share of JB= N21
So @ rebakah was correct !!

For emphasis, just substitute the closing price of the said stock(ie JB) on the qualification date or previous mkt closing price before markdown(Pbm) in the formula above to get the Mark down price !!
A N32 closing price on the qualification date should give a N25 price after mark down.

For details of how the formula was derived, refer my past post above for clues.

cc: MishdaFish

goodday bro, pls can we partner?
Jeannalopez9900@gmail.com or 08104725062

Welcome back sir OGG, you were really missed here.

onegentleguy:

The mistake u made was adding up the div and bonus before deducting from the equity price.
So u are among those who jump off the window when maths lessons are thought back in school days.

I believe the intent is to find out what would be the equity price of JULIUS BERGER on mark down date.
...a brief;
Where a coy declares a bonus plus dividend, simply use this formula to compute the mark down price;
Mark down price(Mp)= Pbm- [Pbm[Br/(Br+1) + Dd]
Where only a bonus was declared, use the formula Mp=Pbm - [Pbm[Br/(Br+1)], and if its only a divided, simply use
Mp=Pbm- Dd.
...Where Pbm is the mark down price, Br is the Bonus ratio while Dd is the Dividend declared.
So in this case, we'll use the 1st formula(Mp= Pbm- [Pbm[Br/(Br+1) + Dd])

With the JB example, the coy closed on Friday @ N27.2, and if we assume that Wednesday is the mark down date, Pbm= 27.2, Br= 1/5 while Dd= 2.
...and using the formula above, Mark down price Mp= 27.2- [27.2[1/5÷(1/5+1)] +2]= 27.2 - [27.2(1/5÷6/5)] + 2]= 27.2 - 27.2[(1/5×5/6) +2]... which simplifies as 27.2 - [(~4.5) +2]= N20.7(rounded off)
So on a N2 div and 1 for 5 bonus issue, mark down price @ N27.2/share of JB will be approx 20.7(and not N21)

For emphasis, just substitute the closing price of the said stock(ie JB) on the qualification date or previous mkt closing price before markdown(Pbm) in the formula above to get the Mark down price !!
For clarity, a N30 closing price on the qualification/pre mark down date should give a N23 price after mark down.
...anyone who sees confusion in the mix can do a check by inputting any figure using the new modified formula.

For details of how the formula was derived, refer to my past post above for clues.

NOTE: EDITED.
cc: MishdaFish

Jimmyme66:

goodday bro, pls can we partner?
Jeannalopez9900@gmail.com or 08104725062

Kindly note that the post u quoted has been edited.(I had to make a correction to it)
Refer to the edited version above.
Pls do well to be guided accordingly.

DrAwo:
http://www.nse.com.ng/Financial_NewsDocs/29806_INTERNATIONAL_BREWERIES_PLC._FINANCIAL_STATEMENTS_APRIL_2020.pdf

This is indeed a very funny place.
...imagine some of the things am reading here.

COVID-19: Onyema Highlights Resilience of Nigeria’s Capital Market
https://businesspost.ng/economy/covid-19-onyema-highlights-resilience-of-nigerias-capital-market/

Rising US-China Tensions to Sway Crude Oil Prices
https://businesspost.ng/economy/rising-us-china-tensions-to-sway-crude-oil-prices/

MTN to Sell N50bn Commercial Papers for Operations
https://businesspost.ng/economy/mtn-to-sell-n50bn-commercial-papers-for-operations/

COVID-19 Has Caused Suspension of Some Contracts—Caverton
https://businesspost.ng/economy/covid-19-has-caused-suspension-of-some-contracts-caverton/

Nigeria’s Oil Production Hits 2.07mbpd in Q1 2020
https://businesspost.ng/economy/nigerias-oil-production-hits-2-07mbpd-in-q1-2020/

NASD Securities Exchange’s Year-to-Date Loss Reaches 1.29%
https://businesspost.ng/economy/nasd-securities-exchanges-year-to-date-loss-reaches-1-29/

Return of BDCs to Forex Market Will Strengthen Naira—ABCON
https://businesspost.ng/economy/return-of-bdcs-to-forex-market-will-strengthen-naira-abcon/

Ecobank Emerges Most Innovative Bank in Africa
https://businesspost.ng/banking/ecobank-emerges-most-innovative-bank-in-africa/

Welcome back sir oga OGG, we missed you and your enriching "epistle" ; .

One love

You are a very smart dude. The problem with certain folks is that they live in a delusion which beclouds their reasoning to think that everyone else is dumb [might even be rightly so as most people these days just leap without first investigating].

Notice how such people now resort to total falsehood
or silly remarks when their effort to deceive falls apart. My brother I'd advice you save your efforts to analyze the markets to profitability. You're on a dead horse beating venture.
Although if you're patient enough, you'd get a response within the timeframes of the next 2 olympic games. Cheers. next

RabbiDoracle:


Firstly, no timeframe indicated for the decline on your post made in August 2019.

Secondly, during the fall around August - September 2019, FBN reached a low of 4.35 on 6th September 2019. From there it headed straight to 7.85 and tested 7.70. VAP didn't see this reversal.

Now I pose a question : Will FBN still hit 3.35 you stated above? And will UBA still hit 3.14 you stated above?

I think these two will be OK for us to apply a predictive tool on.

Its good to have u around. Your absence was surely missed. Welcome back Sir OGG

emmanuelewumi:



Somebody wants guaranteed returns.

Your bond investment will always deliver, Covid 19 lockdown and recession can't affect your coupon payments.

Emmanuel, i will have to disagree with you for the first time to avoid newbies being misled.

Government can surely default. Please read about Argentina's case.

1kinggy:



This will apply to those on appropriation and FG budget.

Some parastatals and Agencies are self funding and MAY not be affected.

All government agencies and parastatals will be affected whether they are self-funding or subvention-backed.

dipoolowoo:
GSK Declares N917m Profit in 2019, Proposes 55 Kobo Dividend
https://businesspost.ng/economy/gsk-declares-n917m-profit-in-2019-proposes-55-kobo-dividend/

CSCS Distributes N4.3bn to Shareholders as Reward
https://businesspost.ng/economy/cscs-distributes-n4-3bn-to-shareholders-as-reward/

Nigerian Stock Exchange Closes for 2 Days
https://businesspost.ng/economy/nigerian-stock-exchange-closes-for-two-days/

N268.7bn Treasury Bills for Sale Wednesday, Rates to Move up
https://businesspost.ng/economy/n268-7bn-treasury-bills-for-sale-wednesday-rates-to-move-up/

for CSCS, bumper profits and dividends are now being announced. The day the general public will become shareholders, you'll start hearing stories of meagre profits and losses in some years. That's when stories about how Nigeria is a difficult place to do business will start arising.

Now the Snipper guy has disappeared. I was thinking he will come out and show love now.

Thank you sir Onegentleguy, thank you for taking your time to derive the formula. I wanted to clarify on your final mark down price of 20.7 with respect to maintaining capitalisation before and after markdown, but you have cleared the air by aligning with @ Rebekah.
The formula :Mark down price(Mp)= [(Pbm-Dd) X Br/(Br+1) is simple and clear. Thank you and welcome back.
Modified as adviced.

Coolcash1:


Emmanuel, i will have to disagree with you for the first time to avoid newbies being misled.

Government can surely default. Please read about Argentina's case.

Very rare, if government should default you should not expect dividend from any company, no rental income from real estate Investments, no profit from our personal businesses

Coolcash1:


Emmanuel, i will have to disagree with you for the first time to avoid newbies being misled.

Government can surely default. Please read about Argentina's case.

Govt cannot default on Naira denominated instruments. They will simply print more money. Default can be on the Foreign currency instruments like Eurobond, as they have no control over those currencies (they need to earn it as against printing it).

austinkenneth:


for CSCS, bumper profits and dividends are now being announced. The day the general public will become shareholders, you'll start hearing stories of meagre profits and losses in some years. That's when stories about how Nigeria is a difficult place to do business will start arising.

You can be a shareholder, I have been getting dividends from CSCS for the past 5 years.

onegentleguy:

The mistake u made was adding up the div and bonus before deducting from the equity price.
So u are among those who jump off the window when maths lessons are thought back in school days.

I believe the intent is to find out what would be the equity price of JULIUS BERGER on mark down date.
...a brief;
Where a coy declares a bonus plus dividend, simply use this formula to compute the mark down price;
Mark down price(Mp)= Pbm- [Pbm[Br/(Br+1) + Dd]
Where only a bonus was declared, use the formula Mp=Pbm - [Pbm[Br/(Br+1)], and if its only a divided, simply use
Mp=Pbm- Dd.
...Where Pbm is the mark down price, Br is the Bonus ratio while Dd is the Dividend declared.
So in this case, we'll use the 1st formula(Mp= Pbm- [Pbm[Br/(Br+1) + Dd])

With the JB example, the coy closed on Friday @ N27.2, and if we assume that Wednesday is the mark down date, Pbm= 27.2, Br= 1/5 while Dd= 2.
...and using the formula above, Mark down price Mp= 27.2- [27.2[1/5÷(1/5+1)] +2]= 27.2 - [27.2(1/5÷6/5)] + 2]= 27.2 - 27.2[(1/5×5/6) +2]... which simplifies as 27.2 - [(~4.5) +2]= N20.7(rounded off)
So on a N2 div and 1 for 5 bonus issue, mark down price @ N27.2/share of JB will be approx 20.7(and not N21)

For emphasis, just substitute the closing price of the said stock(ie JB) on the qualification date or previous mkt closing price before markdown(Pbm) in the formula above to get the Mark down price !!
For clarity, a N30 closing price on the qualification/pre mark down date should give a N23 price after mark down.
...anyone who sees confusion in the mix can do a check by inputting any figure using the new modified formula.

For details of how the formula was derived, refer to my past post above for clues.

NOTE: EDITED.
cc: MishdaFish

MishdaFish:
Thank you sir Onegentleguy, thank you for taking your time to derive the formula. I wanted to clarify on your final mark down price of 20.7 with respect to maintaining capitalisation before and after markdown, but you have cleared the air by aligning with @ Rebekah.
The formula :Mark down price(Mp)= [(Pbm-Dd) X 1/(Br+1) is simple and clear. Thank you and welcome back.
Modified.

No the correct formula I deduced is; Mark down price(Mp)= Pbm- [Pbm[Br/(Br+1) + Dd] and not the one u mentioned.
Note how the brackets was put out so u'll know how to compute with the symbols to arrive at the correct answer.
U can see how I deduced the formula from my initial post that was edited. ...one small, see the edited post above.

And yes I initially did align with @ rebakah' N21 estimate but that's because I made a typo error even though I used the formula above.
So am sorry, but @ rebakah' estimate is also wrong.
The correct answer is N20.7 if we assume a N27.2 equity price for JULIUS BERGER before mark down given the N2 dividend and 1 for 5 bonus declaration.
Like I said before; Anyone who sees confusion in the mix can do a check by inputting any figure using the formula.

Pls do well to be guided accordingly.

emmanuelewumi:


You can be a shareholder, I have been getting dividends from CSCS for the past 5 years.

How is that possible?

otomatic:


Govt cannot default on Naira denominated instruments. They will simply print more money. Default can be on the Foreign currency instruments like Eurobond, as they have no control over those currencies (they need to earn it as against printing it).

Printing money as logical as it may sound comes with grievous economic and financial implications for the government. It simply gives government security bad rating,causes panic, and discourages investors to hold such investment. The other implications that come with QE for such an unproductive and debilitating economy like ours will further send it into comatose and possibly nail it to the coffin.

Dear INVESTORS in the house please when is the best time to buy and sell stocks in other to make profit and how long can we keep the stock after buying.

please i need everyone's professional advice in this regards

leo1234:


How is that possible?

The shares of CSCS, Friesland Wamco, DUFIL makers of Indomie, Afriland Properties, Niger Delta Exploration, NIPCO plc and some other companies can be bought on NASD.

Tell your stock to open NASD account for you, provided your broker has the licence to trade on NASD stocks.