Mpeace:
With Fidelity banks plan to do a private placement of addittional 20billion units, pls what will be the OS at the end of the day. One site claims 73billion shares another says 63billion.
Those in fidelity, pls what is the correct figure?

The dilution is becoming too much. Eps go just dey like 80kobo. How much dem want come pay as dividend.

Mpeace:
https://www.nairaland.com/8318488/bosun-tijani-nigerians-pay-60

Nigerians to pay 60% more for calls

NettyNelly:


It's a $125M Deal, $65M initial Deposit.

.

The Asset is being financed by a N150bn bond program with a c.24% coupon, if the Naira weakens, it gets paid off faster.



I may be wrong with my Analysis

bastardson:
Naaaah I like u though. Everything I am buying right now is long term.

I don’t even need immediate gains.

I believe u die. I budgeted 5m when I became active here in August last year. 500k units of CHAMS, 1M unit of Ellah Lakes. I have Afolabi of ARADEL, thinking of switching my stake in Access to International Breweries.

Learn NB can do 100% but IB can do 300%

emmanuelewumi:



It appears the corporate bond was oversubscribed

emmanuelewumi:



What is your average cost price?

If it less than N40 you can book profit.

With the appreciation of Naira, I don't think investors will be paid more than N90 per share and this should be paid by second quarter of 2025

NettyNelly:



Since my thesis is that the market has yet to recognize the company's recently improved earnings, I chose to value the stock purely from an earnings perspective, based on how much the market has historically paid for such earnings.


Beta Glass reported an improved EPS of ₦2.4, ₦4.78, and ₦6.68 in Q1, Q2, and Q3 2024, respectively. This sums up to a 9-month EPS of ₦13.86. I forecast a full-year (FY) annualized EPS of ₦18.46, which assumes the company will earn an EPS of ₦4.6 in Q4. At the Current ₦ 49 share price, this projection translates to a forward P/E ratio of 2.65, which is remarkably low for a company with a 5-year average P/E of 5.

If we multiply the average P/E of 5 by our forecasted FY EPS of ₦18.46, we arrive at a target price of ₦92, representing an 88% upside from the current price of ₦49 per share.

Alternatively, if we take a more conservative approach and assume the company will earn just ₦2 in Q4, the FY EPS would be ₦15.86. Multiplying the same average P/E of 5 yields a target price of ₦79, representing a 62% upside from the current price of ₦49.

My assumption of ₦2 EPS for Q4 2024 is highly conservative. Post-COVID, the only instance where the company earned less than c.₦2 was in Q3 2022, with an EPS of ₦1.46. Apart from that, the business has consistently earned at least ₦2 per share over the last 16 quarters. I believe my target price would be met as the market reprices to 5x earnings or more on the back of strong full-year results, that it is yet to recognize.



Below is a chart I created to illustrate the market doesn't reflect current earnings.

Locotrader:


It needs to be tightened.I mean liquidity.It makes the stock a volatile one which is also vulnerable.
20 or 25% is okay.
This 61.4% is where this leakage is coming from.
Some of us buying now are holding for a longer time.

Locotrader:
Shareholding structure of chams as at 31st Dec,2023.

yMcy56:
Something weird is going on in JAPAULGOLD...
What could this be?? 🤔

Looks like same person holding CHAMS down is also on Japaul's case....
The supplier doesn't seems to have exhaust the volume yet, maybe he accumulated the huge volumes and should this be the time to keep distorting the share prices?

We hope time touchlight what's happening or the person behind it.

Locotrader:


I am happy that all deals on chams both minority and majority shareholders dealings are taking place at the floor.Both the seller and some buyers are in agreement.

Fingers crossed

Locotrader:
This 2.20 seller has been very active since morning.I am sure the money on the table will send him parking.This full bid is inevitable today oooo

Quelme:
Zero pedigree....

We should be seeing things like, his style of play, philosophy and technicalities and not how many wives and kids he has.

Toluway:

The fact is most stocks lost today! Not only insurance. Do your check.

Locotrader:


Billionaires know where they meet.
It's possible for them to be here but on guest mode.
Some people you tagged as billionaires here are portfolio managers.They come here to get knowledge on how to effectively manage clients money.

Loco is just one man squad with a portfolio less than N100m but aspiring to make it big in chams this year targeting N200m by year end.

emmanuelewumi:



I will rather buy the one at Ikoyi,


But wait ooo, since the property already has tenants and the rent can pay the mortgage. Why is the owner selling.


He is either selling at an inflated price, he expects a correction in the real estate market or he has over leveraged himself by taking more than enough loans.


All I know is that real money making opportunities are top kept secrets and no one will invite others to understand their money making secrets.


My opinion though.

I might be wrong


I have been wrong on several occasions

mecuries:
eating mammals?.... these people are cannibals

chimex38:

Downstream outperforming 3 upstream?
Interesting...

mikeapollo:

Thanks for the updates.
I have a feeling 2025 will be great for all the oil companies (Aradel, Seplat, Oando) as FGN will need them to produce more for higher revenue, plus the share redistribution from Oando shareholders'.

Wish everyone a happy and blessed 2025

Ginalex:
Eku market o from my husband and I 🌚🌝

iwaeda:
Kindly show Lagos Island, Ebute-Meta, Ijora. Lagos is trying, but not at the pace of money generated. 70% of these developments are private initiatives.

emmanuelewumi:
What are we buying from now till the end of the year?

vacanci:
Pls what exactly is the total outstanding shares of C&I leasing.
Some online reports is saying 2.9B, some 1.76B.
Their last Q3 report EPS was based on 1.76B.

Anyone with updated report about this?

megawealth01:
Global Gas faults Shell’s $2.4 billion asset sale to Renaissance, cites court case 

https://nairametrics.com/2024/12/24/global-gas-faults-shells-2-4-billion-asset-sale-to-renaissance-cites-court-case/

Una wan drag Aradel down like tiger generator 😂

sirrotex:
It's usually done yearly usually in December. The last was done in October last year

HamTrad:
Please who has update on Wapco board meeting

Sunrisepebble:
I always had a very long term view of the stock. . It’s paining me I didn’t buy when it was trading 370

Raider76:
Who will buy @28 when the RI is @25, a more than 10% difference? The extension of the RI period to 30th December may also be discouraging people.

yMcy56:

ARADEL closed high @499 officially, touched 511
CONOIL closed high @352
The force kept dragging OANDO once it's moving up...
What is the entity cooking wey he never done? 🤔
I sha know OANDO is cheap at current price.....barring any other thing...