Close at 5.70 after hitting 5.80 is sign of pullback. Should close with a Marubuzo if there is stronger momentum. MIGHT still get above 6.0 but steam don finish. Will pullback pretty soon

locodemy:


When a stock moves from a lower price to a higher price and even traded volumes at 5.80 before closing at 5.70.Pullback will come around 6.30 region

onegentleguy:
So I did an extensive analysis yesterday and found out a certain coy in a certain sector that holds IMMENSE VALUE !!

On the surface, those who look to focus only on earnings delivery(NPM in view) without a deep consideration of other very key valuation metrics will probably not see the huge potential therein.
I look @ the coys financial print(last 3 quarters in view), and I see some similarities with the drive for VALUE like that of WAPCO and NEIMETH in recent times.
...inherent REWARD is by far, way ahead of the combination of surrounding RISK and current asset PRICE !!

Using a fine blend of appropriate valuation models which incorporates a high risk premium, there's a strong chance that the said coy can deliver over 115% ROI in the short to mid-term and near 170% looking past the mid-term horizon or should there be a possible buy out.
With the said asset, the probability of a +ROI play is already near 1.

It is well.

currentprice:
Thank u for pointing out GSK but for me and my household it's a no no stock.

in my own opinion it an over valued stock based on earnings but fairly priced at CP when considered other valuation metrics.

earnings growth rate at less than 5%, peg of 2.3, forward ROE of 6.4 and other valuation model doesn't look excellent to me when compare to other stock in the mkt. no doubt the stock will move based on the bull mkt and sentiment behind pharmaceutical company or possible buy out as u said

I dont do Hope

U are welcome bro !!

Now let me tell u the very same thing I told @rebakah when he had doubt after I recommended NEIMETH @37-39k then.
Hear this;
Before u or any other doubter will see what I am seeing in GSK, the price would've headed past its YtD high of N8.60 and push towards N11.70... it's FVE, using a mix of key valuation metrics that seeks a conservative reward margin but factors in a high risk premium !!

U no go see am. ...the reason I mentioned the part in bold.(see post above)
I would've put out a few of my valuation models to spot HIDDEN VALUE, but I don't want to do a long epistle.
It's just like NEIMETH and WAPCO when we called for a buy in it. ...those who were only looking at the surface couldn't see it then, until now.

Bull or NO bull, GSK is a very strong BUY @ the current mkt price. ...infact, accumulate !!
I like when people have doubts though. ...I even inculcate it in my strategic play with positioning.
I will remind u of this post on the day of reckoning.

Btw, we also hold other great coys.
Selah

Stocks with new 52 week highs
Fcmb #2.91k
Portland paints #2.47k
Livestock feed #0.74k
Flour mills #28.20k
Ucap #3.98k
Stanbic ibtc #45.00k

http://www.nse.com.ng/Financial_NewsDocs/31734_BUA_CEMENT_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR_20.pdf

http://www.nse.com.ng/Financial_NewsDocs/31733_JULIUS_BERGER_NIGERIA_PLC%20_QUARTER_3_%20_FINANCIAL_STATE.pdf

http://www.nse.com.ng/Financial_NewsDocs/31730_CADBURY_NIGERIA_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_.pdf

Pfas are moving from tbill to stock and are ready to buy any good stock at any amount. This is good news for those that were in the market some months before now.
The bad news is that when they dump a stock(they always have insider info), the drop is always massive.
Don't get carried away, keep your eyes open.

Please house, can somebody suggest an investment portfolio management app to organise ones various investments comprehensively?

onegentleguy:



U are welcome bro !!

Now let me tell u the very same thing I told @rebakah when he had doubt after I recommended NEIMETH @37-39k then.
Hear this;
Before u or any other doubter will see what I am seeing in GSK, the price would've headed past its YtD high of N8.60 and push towards N11.70... it's FVE, using a mix of key valuation metrics that seeks a conservative reward margin but factors in a high risk premium !!

U know go see am. ...the reason I mentioned the part in bold.(see post above)
I would've put out a few of my valuation models to spot HIDDEN VALUE, but I don't want to do a long epistle.
It's just like NEIMETH and WAPCO when we called for a buy in it. ...those who were only looking at the surface couldn't see it then, until now.

Bull or NO bull, GSK is a very strong BUY @ the current mkt price. ...infact, accumulate !!
I like when people have doubts though. ...I even inculcate it in my strategic play with positioning.
I will remind u of this post on the day of reckoning.

Btw, we also hold other great coys.
Selah

If GSK would be driven by Merger/Acquisition, which company would be buying it or merging with it?

Recall that last year, they hinted at contracting the manufacturing of some of their products to a local rival, and specifically picked Fidson for this purpose slated for 2021.

I laugh. When the ETI and Guinness buses are still picking passengers. Soon, many will seek to but will not be able to enter.

Mcy56:
The forces pushing ETI can't be anything but foreign.

onegentleguy:



U are welcome bro !!

Now let me tell u the very same thing I told @rebakah when he had doubt after I recommended NEIMETH @37-39k then.
Hear this;
Before u or any other doubter will see what I am seeing in GSK, the price would've headed past its YtD high of N8.60 and push towards N11.70... it's FVE, using a mix of key valuation metrics that seeks a conservative reward margin but factors in a high risk premium !!

U know go see am. ...the reason I mentioned the part in bold.(see post above)
I would've put out a few of my valuation models to spot HIDDEN VALUE, but I don't want to do a long epistle.
It's just like NEIMETH and WAPCO when we called for a buy in it. ...those who were only looking at the surface couldn't see it then, until now.

Bull or NO bull, GSK is a very strong BUY @ the current mkt price. ...infact, accumulate !!
I like when people have doubts though. ...I even inculcate it in my strategic play with positioning.
I will remind u of this post on the day of reckoning.

Btw, we also hold other great coys.
Selah

Please do sir for the bolded.
I was about asking you on the other key valuations you do consider when doing valuation before I come across this your post.

Please forget about the long epistle as am pretty sure some of us will benefit from it.

Mcy56:
The forces pushing ETI can't be anything but foreign.

More grease to their elbow o

Princkez:
entered at #3.60....will check out between #10 to #12

You probably bought my stock but I am consoling myself with ETI

OBAGADAFFI:
NEIMETH --%51.71
MAY&BAKER ---%47.33

GSK - %101.76

onegentleguy:



U are welcome bro !!

Now let me tell u the very same thing I told @rebakah when he had doubt after I recommended NEIMETH @37-39k then.
Hear this;
Before u or any other doubter will see what I am seeing in GSK, the price would've headed past its YtD high of N8.60 and push towards N11.70... it's FVE, using a mix of key valuation metrics that seeks a conservative reward margin but factors in a high risk premium !!

U know go see am. ...the reason I mentioned the part in bold.(see post above)
I would've put out a few of my valuation models to spot HIDDEN VALUE, but I don't want to do a long epistle.
It's just like NEIMETH and WAPCO when we called for a buy in it. ...those who were only looking at the surface couldn't see it then, until now.

Bull or NO bull, GSK is a very strong BUY @ the current mkt price. ...infact, accumulate !!
I like when people have doubts though. ...I even inculcate it in my strategic play with positioning.
I will remind u of this post on the day of reckoning.

Btw, we also hold other great coys.
Selah

OGG, no need explaining too much.
Remember my post above.
Those are my profits from the three pharmaceuticals earlier this year

OBAGADAFFI:





OGG, no need explaining too much.
Remember my post above.
Those are my profits from the three pharmaceuticals earlier this year

We can't all move in at the present price... I will wait for that GSK at less than km5

http://www.nse.com.ng/Financial_NewsDocs/31741_NESTLE_NIGERIA_PLC%20DECLARATION_OF_INTERIM_DIVIDEND_CO.pdf

N25.00 interim dividend.

dangle:
http://www.nse.com.ng/Financial_NewsDocs/31741_NESTLE_NIGERIA_PLC%20DECLARATION_OF_INTERIM_DIVIDEND_CO.pdf

N25.00 interim dividend.

#2000

Despite its slow motion, Expect that one that closed on 2.29 to soon get to 3.5. High 'in'fidelity.
This is a buy recommendation. But buy with sense. Don't come crying if expectations are not fully met.

IYGEAL:


If GSK would be driven by Merger/Acquisition, which company would be buying it or merging with it?

Recall that last year, they hinted at contracting the manufacturing of some of their products to a local rival, and specifically picked Fidson for this purpose slated for 2021.

Of course, the parent company could decide to buy-out minority holders.
However, my recommendation was strictly based on fundamental analysis.(a deep one though)
With GSK(like NEIMETH back then), only the discerning eyes can see the HIDDEN VALUE !!

But if an acquisition/buy-out does happen, then all the better !! ...GSK as I stated here back then, is also on the list of possible candidate/target.
Whatever happens(value proposition through fundamentals or buy-out), it'll most likely be @ a GREAT PREMIUM from the current mkt price.
As I said before, the present mkt price is by far, way too cheap !! Feasible REWARD is clearly making a mockery of risk(RR in view)
If the coy were to be selling for N11.70 or an 8-10.5% discount from that price, then we could begin to attach an intrinsic peg to it, but which(compared to peers) would even still be underpriced.(don't know if u understood this line bro)

I can't fit shout !!

It is well.

Gurus in the house, which will you go for Flour Mills or WAPCO? How much do you think both stocks will be trading in 6 months time

Happy Birthday...... Thanks for all you do.... God bless you real good

onegentleguy:



U are welcome bro !!

Now let me tell u the very same thing I told @rebakah when he had doubt after I recommended NEIMETH @37-39k then.
Hear this;
Before u or any other doubter will see what I am seeing in GSK, the price would've headed past its YtD high of N8.60 and push towards N11.70... it's FVE, using a mix of key valuation metrics that seeks a conservative reward margin but factors in a high risk premium !!

U no go see am. ...the reason I mentioned the part in bold.(see post above)
I would've put out a few of my valuation models to spot HIDDEN VALUE, but I don't want to do a long epistle.
It's just like NEIMETH and WAPCO when we called for a buy in it. ...those who were only looking at the surface couldn't see it then, until now.

Bull or NO bull, GSK is a very strong BUY @ the current mkt price. ...infact, accumulate !!
I like when people have doubts though. ...I even inculcate it in my strategic play with positioning.
I will remind u of this post on the day of reckoning.

Btw, we also hold other great coys.
Selah

CBN Discourages Investment in Treasury Bills, Cuts Rate to 0.34%
https://businesspost.ng/economy/cbn-discourages-investment-in-treasury-bills-cuts-rate-to-0-34/

Buying Interest in Banking Stocks, Others Drive Index Above 29,000
https://businesspost.ng/economy/buying-interest-in-banking-stocks-others-drive-index-above-29000/

Brent, WTI Prices Nosedive 5% as Europe Reintroduces Lockdown
https://businesspost.ng/economy/brent-wti-prices-nosedive-5-as-europe-reintroduces-lockdown/

Naira Falls to N465/$1 at Black Market, Gains 0.09% at I&E
https://businesspost.ng/economy/naira-falls-to-n465-1-at-black-market-gains-0-09-at-ie/

CSCS Loss Ends Bulls Reign at NASD OTC Market Wednesday
https://businesspost.ng/economy/cscs-loss-ends-bulls-reign-at-nasd-otc-market-wednesday/

MTN Nigeria’s Q3 Profit Drops 3.3% Amid 13.9% Jump in Revenue
https://businesspost.ng/economy/mtn-nigerias-q3-profit-drops-3-3-amid-13-9-jump-in-revenue/

Reasons Why Businesses Must Opt for Cash Optimization Systems
https://businesspost.ng/featureoped/reasons-why-businesses-must-opt-for-cash-optimization-systems/

lexy2lexy:
Gurus in the house, which will you go for Flour Mills or WAPCO? How much do you think both stocks will be trading in 6 months time

Only God knows

Please where do I get detailed information on UPDC transaction with Custodian

This is might be the best time to buy Access Bank for capital appreciation. It has had the poorest run in the banking sector in terms of upward price move. Did N12 @ 52wks high.

lexy2lexy:
Gurus in the house, which will you go for Flour Mills or WAPCO? How much do you think both stocks will be trading in 6 months time

WAPCO

megawealth01:
We can't all move in at the present price... I will wait for that GSK at less than km5

If it comes back to 5 I will load more

OBAGADAFFI:


If it comes back to 5 I will load more

If it comes down to #5,then fidson will be below #3.Expect them to be illiquid stocks when the price dips further.This time is a favourable time for pharmaceutical stocks.

onegentleguy:
A very good morning to u all.
Today marks the 1st working day of the last 3 days of the month of October. But it also marks the day I was born.
...it's my B^{Oct 29} DAY !!
Pls help me thank GOD for his grace and mercy in my life.

Am not a very fanatic fellow but pls permit me to dedicate this song to all October born here;

Amazing grace, amazing grace, is the story of my life.
is NOT by power, is NOT by might, is by the SPIRIT of the lord !!
is NOT by hard work, is NOT by skill, Devine help is what I enjoy !!
Am not afraid, of tomorrow, I have grace, great grace. Everywhere that I go, everything that I do, all I see is grace.
Everywhere that I go, everything that I do, all I see is grace.
Grace grace grace ...I see grace. Grace grace grace...all I see is grace !!
Grace great grace ...I see grace. Grace great grace ...all I see is grace !!

Grace grace !! ...Grace grace ...oooh !! Grace grace ...all I see is graaaaaaaace. ALL I SEE IS GRACE.

Cheers !!

abraolas1:
Happy Birthday...... Thanks for all you do.... God bless you real good

Thanks bro !!

Yet another +1...
It's my Bday folks.

Pls join me in saying a big thank u to DEVINE for his GRACE.
Far above everything else, for his mercies and privilege of life despite my shortcomings.
...it can ONLY be GOD !! I remember the post above(a turning point)

No matter where u are, who u are and what u do, ALWAYS ALWAYS admit to his grace in ur life.
...Believe me when I say; it pays to do so !!

Regards

onegentleguy:



Thanks bro !!

Yet another +1...
It's my Bday folks.

Pls join me in saying a big thank u to DEVINE for his GRACE.
Far above everything else, for his mercies and privilege of life despite my shortcomings.
...it can ONLY be GOD !! I remember the post above(a turning point)

No matter where u are, who u are and what u do, ALWAYS ALWAYS admit to his grace in ur life.
...Believe me when I say; it pays to do so !!

Regards

Happy birthday.

More Grace to you and your family in Jesus Name.

onegentleguy:



Thanks bro !!

Yet another +1...
It's my Bday folks.

Pls join me in saying a big thank u to DEVINE for his GRACE.
Far above everything else, for his mercies and privilege of life despite my shortcomings.
...it can ONLY be GOD !! I remember the post above(a turning point)

No matter where u are, who u are and what u do, ALWAYS ALWAYS admit to his grace in ur life.
...Believe me when I say; it pays to do so !!

Regards

Happy birthday sir