Mcy56:

Lol. Na to keep eye on this space o.

A part of the bulletin says "Canadian report show that there are huge gold, silver, lead, etc deposits but it is the drilling that will reveal the actual reserve"

Make we dey monitor the progress nah.

BAMOFIN1:
@all I have just concluded an extensive research generally on Cryptos and on bitcoin in particular and have resolved to buy some bitcoin and maybe some etherum to hold as buffer against Naira devaluation. At this stage I need the guidance of Nsempa members that have diversified into Cryptos on a)whether to wait for bitcoin to pullback before entering or it is better to enter right away. b) from point of view of capital preservation and possibly appreciation, is it better to buy bitcoin or etherum? c) which is the best exchange/app to use in buying Cryptos in Nigeria when the aim is not to trade, regarding safety, ease of withdrawal and low fees and d) If a trade fails is it that the exchange already know my Cryptos code for the brief period they have it in escrow? I am sorry to bring Cryptos questions to this thread but I know this is where I can get unbiased answers. Thanks

OBAGADAFFI:



https://nairametrics.com/2020/12/09/union-diagnostics-calls-shareholders-to-update-records-with-company-registrars/

DrAwo:


I think you are onto sonething really really profound here...

If I were to give my own 2 cent opinion, I'll advice you do the following

1. Rather than one month, look at a 1 year time line
2. Buy the 10 worst performers for the out going year and hold them for the next year.
3. Sell them at the end of that year and use the proceeds to buy the 10 worst performers for the year now ending

I strongly feel you'll have better results using this parameters...

All the very best. If you can do this, it would be I teresting to see the results...

Thanks!

ojesymsym:
Have you ever done any analysis on Afriprud? Help me point touch light on am

ositadima1:


Not quite.
Once again, I pulled Dangote Cement PLC annual reports from 2010 to 2019 and this is what i saw:

The big Five
Sales (revenue): growth (or contraction) for the last 9 years ==> 17.9% (Compound Annual Growth Rate).
EPS: growth (or contraction) for the last 9 years ==> 5.96% (Compound Annual Growth Rate).
Equity: growth (or contraction) for the last 9 years ==> 17.43% (Compound Annual Growth Rate).
Free Cash Flow: growth (or contraction) for the last 9 years ==> 21.95% (Compound Annual Growth Rate).
Long Term Debt-to-Free Cash Flow: 0.55 (pretty good)

Notes:
Not bad as per Nigerian standard. Though, Sales, EPS, and Equity slowed down last year (2019) at -1.06%, -48% and -8.99% respectively. I assume the harsh economy took a toll on the stock.

Next, Discounted cash flow (DCF) valuation

1.) Assuming 5.96% growth (EPS above) and 15% (MoS in view) rate of return projected for the next 10 years and then discounted for MoS. Buy price would be pegged at not more than 140.59 per share.

2.) Assuming 15% growth (Equity above) and 15% (MoS in view) rate of return projected for the next 10 years and then discounted for MoS. Buy price would be pegged at not more than 227.55 per share.

Conclusions: If you can snatch it at less than 140, u are very ok.

Also, better to buy when MACD, Stochastic and MA align and echo buy!
Due diligence applies as these numbers may be off the mark.

ositadiima1:


You are referring to the intrinsic value analysis of Afriprud like the one my namesake did for DangCement below?



Unfortunately, the spreadsheet I used for these computations are in a computer that I will not have access to for a couple of weeks.

Atompat:
Please can anyone suggest some good foreign stocks I could hop on apart from tesla

Mcy56:
Obagadaffi come oooo....or who is with me on Mansard?
Did you see price after bonus markdown? 64kobo?
When is the reconstruction taking place and when are they adding the bonus?
......but to get Mansard at this price will pay off in my opinion sha.....
If you have Mansard don't sell at loss o.
At 70kobo is okay to me anyway.

Heishere:

Which kind markdown is this? How did they calculate the markdown price?

Mcy56:
Obagadaffi come oooo....or who is with me on Mansard?
Did you see price after bonus markdown? 64kobo?
When is the reconstruction taking place and when are they adding the bonus?
......but to get Mansard at this price will pay off in my opinion sha.....
If you have Mansard don't sell at loss o.
At 70kobo is okay to me anyway.

Mcy56:
I saw purchase of 100k Tantalizer...... Hope the person is not here
Newbies don't go and be buying anyhow stock so you won't get stuck for many years.
Before you buy anyone you're not sure of, just ask first.

Mcy56:
Obagadaffi come oooo....or who is with me on Mansard?
Did you see price after bonus markdown? 64kobo?
When is the reconstruction taking place and when are they adding the bonus?
......but to get Mansard at this price will pay off in my opinion sha.....
If you have Mansard don't sell at loss o.
At 70kobo is okay to me anyway.

megawealth01:
FTN is gold sha... The balance I have after getting good profits from sales is still massive

OBAGADAFFI:
That, in accordance with Sect ion 101 of CAMA and Article 44 of the Articles; the nominal value of the issued ordinary shares of the Company be and is hereby altered from 50 kobo each to N2.00K each, by the consolidation of every four (4) shares held by each shareholder into one (1) share.

That the consolidation shall be deemed to take effect on 31st December 2020.



Meaning everything you have now will be divided by four (4) on 31st December 2020 and the price will be N2.00K

Mcy56:
I saw purchase of 100k Tantalizer...... Hope the person is not here
Newbies don't go and be buying anyhow stock so you won't get stuck for many years.
Before you buy anyone you're not sure of, just ask first.

megawealth01:
FTN is gold sha... The balance I have after getting good profits from sales is still massive

Zagee:
Could be slip of fingers .

Atompat:
Please can anyone suggest some good foreign stocks I could hop on apart from tesla

Zagee:

Another possible100 in the horizon �. The sentiments are bullish

Jerekre:

There is a US stock thread
https://www.nairaland.com/5669161/us-stocks-pick-alert

Mcy56:

Thank you.
However, the last part will happen after the addition of 7:17 bonus and not before.

For someone with 7000units for instance, it will be:

7000/7 = 1000 X 17 + 7000 = 24,000units

24,000units/4 = 6000units X N2 = N12,000

Your initial 7000units purchase, if you buy at 2.30 for example is N16,100 + fees.

After reconstruction price might not be less than N4 or thereabout..........at least, the share price is not expected to fall below N2 by then.........let's keep watching how they'll go about sha.

OBAGADAFFI:


I agree with you, but the Market can price it below N2( I hope not it doesn't happen).

It is better and safer to load it below N1.

S007:
Mcy what are u doing.
Let me steal your thing small. Market sentiment looking one kind. Seems to be positive
Generally stock seems to be in 'gbe bodi e' mood. Looks like a desperate attempt to keep price down ongoing at UBA and Access - huge bids deliberately placed at the bottom of the pile.
Let's continue watching

I run.

Chibuking81:

People who are interested in Mansard would have gotten their bonus by now without waiting for the day registrar will add it to them.
Buying at it mark down price with same worth of money one will even get more bonus if the price goes down more from its markdown price.