NewStats: 3,262,858 , 8,178,387 topics. Date: Tuesday, 03 June 2025 at 08:29 PM 58du

Sunrisepebble:
Anytime I try to reply @emmaodet with my Vitafoam analysis. My post is always removed, not sure why.
I believe there are strong underlying numbers there.
If you look at the normalized earnings per share ie excluding Q2 where they made huge FX losses due to naira devaluation. The Quarter 3 and 4 earnings per share are a lot stronger and I believe if they sustain it then it’s very undervalued. My source also has an insider who says they’re making good money this year.

I forgot to mention Presco in my previous post. A slow mover but will also be looking to add more if or when the price drops. I have the patient capital for what will be a potential #1k stock

I don't know why your messages are disappearing when you mention me too. I have noticed it.
Like i wrote above before, that vita foam revenue will increase due to a new sector/department they have created with a lot of revenue potential - ''They have the rigid foam segment with a significant growth potential and increase in future revenue. So we hope the stock price will keep rising in nearby future''
My concern is the management, they are not running the company efficiently. They are supposed to generate around 15-17% profit for shareholders from the revenue compared to 1% they did this year.
What is the usefulness of future revenue increase it it is not reflecting at the bottom-line

Sunrisepebble:
Anytime I try to reply @emmaodet with my Vitafoam analysis. My post is always removed, not sure why.
I believe there are strong underlying numbers there.
If you look at the normalized earnings per share ie excluding Q2 where they made huge FX losses due to naira devaluation. The Quarter 3 and 4 earnings per share are a lot stronger and I believe if they sustain it then it’s very undervalued. My source also has an insider who says they’re making good money this year.

I forgot to mention Presco in my previous post. A slow mover but will also be looking to add more if or when the price drops. I have the patient capital for what will be a potential #1k stock

Becareful with that moniker. He is wearing a mask.I feel he is valuating monikers for a purpose based on post here.You know naturally we loose guard and make some kind post based on achievement to celebrate. This attracts his kind..

Well done boss. Wish you bountiful harvest this year.

Got some Mansard towards the end of last year. Still holds some WAPCO and will be looking out for opportunities to pick more in anticipation of the final execution of the deal.

I sighted this NAHCO aroung July last year when I started this business but didn't have the funds to go in then. I was pained when I later saw it rising non stop. Do you seriously advise on it at the current price? Will also look at its book.
F is missing in your banks acronyms. With the ongoing governance/management shake up from Otedola, I think First Bank will do well but we may need to wait till after the dilution.

Sunrisepebble:
While one can make money from them, I personally do not own any Insurance stock outside Mansard and if I’m to jump into any other it’ll be AIICO.

I’ve started buying my mid to long term stocks in NAHCO and Vitafoam at the tail end of last year and will continue to do so at attractive entry points throughout the year.

I still hold large positions in UGAZ, Aradel, Seplat, Total and WAPCO, of which I’m hearing our deal should near completion by the end of Q1 this year.

I wish us all the best in 2025 and of course, I’ll be on hand for any early information

Those that are not millionaires, I pray that you become millionaires in this new year. Those of us that are millionaires and multimillionaires, I pray that we become billionaires in this new year

Hello everyone...

No posts or contributions from Madam YMcy56 for some trading days now.
Happy New Year! greetings Madam.
Your presence here is valuable. Thank you for all do. You are appreciated. Cheers

Sunrisepebble:
While one can make money from them, I personally do not own any Insurance stock outside Mansard and if I’m to jump into any other it’ll be AIICO.

I’ve started buying my mid to long term stocks in NAHCO and Vitafoam at the tail end of last year and will continue to do so at attractive entry points throughout the year.

I still hold large positions in UGAZ, Aradel, Seplat, Total and WAPCO, of which I’m hearing our deal should near completion by the end of Q1 this year.

I wish us all the best in 2025 and of course, I’ll be on hand for any early information

Those that are not millionaires, I pray that you become millionaires in this new year. Those of us that are millionaires and multimillionaires, I pray that we become billionaires in this new year

Aiico os is the turn off to anything they generate. Vita foam has too many sub standards products competing with it on the street not only forex wahala.

Streetinvestor2:
Becareful with that moniker. He is wearing a mask.I feel he is valuating monikers for a purpose based on post here.You know naturally we loose guard and make some kind post based on achievement to celebrate. This attracts his kind..

lol

Streetinvestor2:
Aiico os is the turn off to anything they generate. Vita foam has too many sub standards products competing with it on the street not only forex wahala.

My exact thought as well on those two!

I don’t have a price target/fair value yet for NAHCO to be honest.
My source has marketed it to me for almost two years now. My first entry was at 44.85 and hoping I can solidify the position well below that level but it doesn’t seem to be slowing down at the moment. Based on watching their facts behind the figures and some analysis that was done here with @emmaodet and pa Emma using the revenue projection of the firm for next five years. I think it’s still a buy. Revenue is indexed to USD but paid in naira and they’ve recently started earning revenue from a new contract with Emirates after they came back to Nigeria which I think should show in Q4 results. I think there’s also a pending court case for them to get concession to manage the international airports

From the analysis of FY 24, the projection was that they could pay a potential N5 dividend which is a 10% yield. Similar to the Tier 1 banks

RE: FBNH, the div yield is too low for me


Looks like a good one to me. But wouldn’t rush to buy it

GeeKudi:
Well done boss. Wish you bountiful harvest this year.

Got some Mansard towards the end of last year. Still holds some WAPCO and will be looking out for opportunities to pick more in anticipation of the final execution of the deal.

I sighted this NAHCO aroung July last year when I started this business but didn't have the funds to go in then. I was pained when I later saw it rising non stop. Do you seriously advise on it at the current price? Will also look at its book.
F is missing in your banks acronyms. With the ongoing governance/management shake up from Otedola, I think First Bank will do well but we may need to wait till after the dilution.

HesInMe:
Chai. Where have you been all my life?

A 19 yrs plus moniker. As old as nairaland.
What are you not telling us.You just discovered his post.He can not be a prey too

I have been watching your tussle with him all day

Streetinvestor2:
Becareful with that moniker. He is wearing a mask.I feel he is valuating monikers for a purpose based on post here.You know naturally we loose guard and make some kind post based on achievement to celebrate. This attracts his kind..

The AIICO play is mostly not based on financials but speculation that they will be a big acquirer during the recapitalization exercise (if it is to happen). Normally acquirers should not rally, but this is NGX where the valuation of the acquirer will be propped up.

Vitafoam, I’ve done the Quarter on Quarter financial analysis for the past year and it looks really good to me. Maybe I’m wrong and missing something somewhere but my conviction on it is pretty strong.

Streetinvestor2:
Aiico os is the turn off to anything they generate. Vita foam has too many sub standards products competing with it on the street not only forex wahala.

Sunrisepebble:
I don’t have a price target/fair value yet for NAHCO to be honest.
My source has marketed it to me for almost two years now. My first entry was at 44.85 and hoping I can solidify the position well below that level but it doesn’t seem to be slowing down at the moment. Based on watching their facts behind the figures and some analysis that was done here with @emmaodet and pa Emma using the revenue projection of the firm for next five years. I think it’s still a buy. Revenue is indexed to USD but paid in naira and they’ve recently started earning revenue from a new contract with Emirates after they came back to Nigeria which I think should show in Q4 results. I think there’s also a pending court case for them to get concession to manage the international airports

From the analysis of FY 24, the projection was that they could pay a potential N5 dividend which is a 10% yield. Similar to the Tier 1 banks

RE: FBNH, the div yield is too low for me


Looks like a good one to me. But wouldn’t rush to buy it

Nahco is good at current price. I just got a margin loan from ucap to buy more Nahco tomorrow.
Nahco, wapco, gtco, Access, Uba, ucap, Okomu, Presco, Zenith are my long-time stocks in my portfolio.
I am currently rebalancing my portfolio and dropping prestige, probably cornerstone too.
Noticed so many frauds or magomago full insurance sector which i will like to avoid.
I will send Prestige report in the next 1 week here

emmaodet:


Nahco is good at current price. I just got a margin loan from ucap to buy more Nahco tomorrow.
Nahco, wapco, gtco, Access, Uba, ucap, Okomu, Presco, Zenith are my long-time stocks in my portfolio.
I am currently rebalancing my portfolio and dropping prestige, probably cornerstone too.
Noticed so many frauds or magomago full insurance sector which i will like to avoid.
I will send Prestige report in the next 1 week here

Nice investment portfolio. I sold some of my ucap today. To rebalance in chams/nacho if I see them within my targeted price. If no way,I move to transcorp plc.My target na mostly 100% in any stock I am buying this yr.when that is achieved I can sell and move to defensive stock for next yr

Streetinvestor2:
A 19 yrs plus moniker. As old as nairaland.
What are you not telling us.You just discovered his post.He can not be a prey too

You will educate me on how to discover those roaming criminals.
One of the reasons I don't reply any private message from nairaland and social networks.

Merci beaucoup !

Sunrisepebble:
I don’t have a price target/fair value yet for NAHCO to be honest.
My source has marketed it to me for almost two years now. My first entry was at 44.85 and hoping I can solidify the position well below that level but it doesn’t seem to be slowing down at the moment. Based on watching their facts behind the figures and some analysis that was done here with @emmaodet and pa Emma using the revenue projection of the firm for next five years. I think it’s still a buy. Revenue is indexed to USD but paid in naira and they’ve recently started earning revenue from a new contract with Emirates after they came back to Nigeria which I think should show in Q4 results. I think there’s also a pending court case for them to get concession to manage the international airports

From the analysis of FY 24, the projection was that they could pay a potential N5 dividend which is a 10% yield. Similar to the Tier 1 banks

RE: FBNH, the div yield is too low for me


Looks like a good one to me. But wouldn’t rush to buy it

Streetinvestor2:
Nice investment portfolio. I sold some of my ucap today. To rebalance in chams/nacho if I see them within my targeted price. If no way,I move to transcorp plc.My target na mostly 100% in any stock I am buying this yr.when that is achieved I can sell and move to defensive stock for next yr

I will prefer you buy nahco to chams.
I will check chams and transcorp financial reports so as to value them and know how much they should be worth if need to buy but for now, i prefer stocks that i can sleep and relax on and only check once a while.
I don't have the time for daily checking or monitoring stocks movements. I just check my portfolio may twice a month. I am a very busy man

Cornerstone actually have good numbers and I believe, still remains undervalued. The only concern I have with it is the large OS as with almost all the insurance stocks.

emmaodet:


Nahco is good at current price. I just got a margin loan from ucap to buy more Nahco tomorrow.
Nahco, wapco, gtco, Access, Uba, ucap, Okomu, Presco, Zenith are my long-time stocks in my portfolio.
I am currently rebalancing my portfolio and dropping prestige, probably cornerstone too.
Noticed so many frauds or magomago full insurance sector which i will like to avoid.
I will send Prestige report in the next 1 week here

GeeKudi:
Cornerstone actually have good numbers and I believe, still remains undervalued. The only concern I have with it is the large OS as with almost all the insurance stocks.

I will check them out over the weekend and then come up with a valuation for them

emmaodet:


I will prefer you buy nahco to chams.
I will check chams and transcorp financial reports so as to value them and know how much they should be worth if need to buy but for now, i prefer stocks that i can sleep and relax on and only check once a while.
I don't have the time for daily checking or monitoring stocks movements. I just check my portfolio may twice a month. I am a very busy man

I started buying chams at 27kobo.I have seen it touch #3.50 before pull back too.I am certain chams will give me 100%.Nacho may not deliver 100% this yr.i am going into Nacho since chinko people want to collect my wapco.I am buying to gradually to replace it for wapco because of dividend. I saw it below #20 long ago but preferred to accumulate wapco based on the sector it operates .

Sunrisepebble:
Anytime I try to reply @emmaodet with my Vitafoam analysis. My post is always removed, not sure why.
I believe there are strong underlying numbers there.
If you look at the normalized earnings per share ie excluding Q2 where they made huge FX losses due to naira devaluation. The Quarter 3 and 4 earnings per share are a lot stronger and I believe if they sustain it then it’s very undervalued. My source also has an insider who says they’re making good money this year.

I forgot to mention Presco in my previous post. A slow mover but will also be looking to add more if or when the price drops. I have the patient capital for what will be a potential #1k stock

Presco is good, but I’m wary of anyone doing legitimate business and borrowing at 25+% interest rate.
It’s why I’m not buying MTN, Dangote etc. I really should look into the business numbers, because on the surface it seems to me like all profit will be paid to lenders.

Olaide1295:

Presco is good, but I’m wary of anyone doing legitimate business and borrowing at 20+% interest rate.
It’s why I’m not buying MTN, Dangote etc. I really should look into the business numbers, because it seems to me like all profit will be paid to lenders.

I think by the time they dilute it with equity, the wacc will drop to probably 15%.
I also don't like a company using too much debt because they will virtually be working for the banks.
How many stocks on NGX sef they declare EBIT of 30% and above sef? And if over 20% will now be going to banks, that means na kasala be that.
Also, many companies have access to special Cbn/government low interest loans just like Vitafoam. The loan is as low as 5%

Streetinvestor2:
I started buying chams at 27kobo.I have seen it touch #3.50 before pull back too.I am certain chams will give me 100%.Nacho may not deliver 100% this yr.i am going into Nacho since chinko people want to collect my wapco.I am buying to gradually to replace it for wapco because of dividend. I saw it below #20 long ago but preferred to accumulate wapco based on the sector it operates .

You have good BE. I wish to be in that class too very soon.
Started trading stocks mid last year but really catching up.
Have spent a fortune on courses and it has helped me avoiding junks stocks.

Unlike the other two. This is over a 7 year period and it’s to fund an acquisition that is incredibly value accretive to the business. The other two issued ’s (< 270 days) of similar value to fund working capital requirements.

Olaide1295:

Presco is good, but I’m wary of anyone doing legitimate business and borrowing at 20+% interest rate.
It’s why I’m not buying MTN, Dangote etc. I really should look into the business numbers, because it seems to me like all profit will be paid to lenders.

Pa Emma, current price, Suprisepebble and emmaodet: Please what are your spreadsheet saying about a Beta Glass Plc.
Abeg I need your wonderful analysis.
I am loyal as you boy

*Market Potentials on 10 Top Highest Priced Stocks on the NGX: A 2025 Investment Outlook*

As we look towards 2025, Nigerian investors have a wealth of opportunities in the stock market, especially with the 10 top highest-priced stocks on the Nigerian Exchange (NGX). These stocks represent major players across various sectors, each with unique growth drivers, industry trends, and potential for long-term capital appreciation. In this analysis, we will explore the market potential of these companies, their current stock prices, and the expected return on investment (ROI) over the next 12 months, keeping in mind optimism for 2025.

*1. SEPLAT ENERGY PLC (N5,700.00)*

As one of Nigeria’s leading independent oil and gas companies, Seplat Energy has proven itself a reliable performer. With the global energy transition moving towards cleaner energy sources, Seplat has a significant opportunity to harness its assets for a more diversified energy portfolio.

*Market Outlook*: The company’s strong reserves, strategic investments in natural gas, and the potential for increased oil prices in 2025 make Seplat a promising stock.

12-Month Target Price: N6,400.00 (12.3% upside)

*Potential ROI*: Given Seplat’s robust position within the energy sector, which is poised for continued recovery, investors can expect an attractive ROI of approximately 12% if the stock price moves toward its target price.

*2. AIRTEL AFRICA PLC (N2,156.90)*

Airtel Africa operates in the telecommunications sector, which remains one of the most vital and rapidly expanding industries across the African continent. With a broad market base spanning 14 countries, Airtel Africa stands to benefit from Africa's growing middle class, increasing smartphone penetration, and expansion of 5G services.

*Market Outlook*: The telecommunications sector is highly resilient and profitable. The company’s focus on data services, mobile money solutions, and strategic partnerships within the African market will likely fuel growth in 2025.

12-Month Target Price: N2,500.00 (15.9% upside)

*Potential ROI*: With the continued penetration of mobile services and growing demand for data, Airtel Africa could deliver a potential ROI of 15-16% by reaching its target price in the next 12 months.

*3. GEREGU POWER PLC (N1,150.00)*

Geregu Power operates in Nigeria’s power generation sector, an area ripe for transformation. The Nigerian government’s ongoing push for power sector reforms, coupled with Geregu’s leadership in gas-fired power generation, places it in an advantageous position.

*Market Outlook*: Power sector reforms, combined with increased demand for electricity in Nigeria, create positive market potential for Geregu Power. Also, the move towards energy independence and privatisation in the sector suggests that Geregu will benefit from these structural changes.

12-Month Target Price: N1,300.00 (13.0% upside)

*Potential ROI*: Investors can expect a potential ROI of around 13% as the company’s growth trajectory aligns with government policies and a stronger push for industrialisation and electrification across the country.

*4. NESTLE NIGERIA PLC (N875.00)*

Nestlé Nigeria is a strong player in the fast-moving consumer goods (FMCG) sector, focusing on food and beverages. With the increase in population and consumer spending in Nigeria, Nestlé remains a market leader in of product innovation and brand strength.

*Market Outlook*: The FMCG sector in Nigeria continues to experience growth, particularly in staple foods and health-focused products. Nestlé’s strategic focus on nutrition and wellness further strengthens its market positioning.

12-Month Target Price: N1,050.00 (20.0% upside)

*Potential ROI*: Given its market dominance, growth in consumer demand, and ongoing focus on cost efficiency, Nestlé presents a potential ROI of approximately 20% as the company heads into 2025 with strong prospects.

*5. TOTAL ENERGIES (N698.00)*

TotalEnergies is a multinational oil and gas company with extensive operations in Nigeria, playing a key role in the energy and utilities sector. The global shift towards renewable energy and TotalEnergies’ emphasis on clean energy transition creates a strong growth narrative.

*Market Outlook*: As energy prices fluctuate and the global market for oil and gas stabilises, TotalEnergies is well-positioned to benefit from both fossil fuel sales and its expanding renewable energy portfolio.

12-Month Target Price: N800.00 (14.7% upside)

*Potential ROI*: A potential ROI of 14.7% is expected as TotalEnergies grows its sustainable energy offerings while capitalising on the rebound of global oil prices.

*6. ARADEL HOLDINGS PLC (N598.00)*

Aradel Holdings, operation spanning from upstream, midstream, downstream, power and renewables sector, has seen steady growth due to demand for energy, gas and supplies gas to Nigerian Liquefied Natural Gas (NLNG), among others. The company is deeply involved in offering energy solutions, delivering reliable, clean and sustainable energy sources and driving innovation that traverses the entire value chain, which remains a vital part of the country's economy.

*Market Outlook*: The Nigerian energy sector remains relative to demand, and Aradel’s strategic investments in exploration, production, refining, and distribution position it well for future growth.

12-Month Target Price: N700.00 (17.0% upside)

*Potential ROI*: As Nigeria’s increslased demend for energy grows, Aradel Holdings stands to benefit from increased demand from exceptional value and secure energy needs of communities locally and globally, while offering investors an expected ROI of 17% in 12 months.

*7. PRESCO PLC (N475.00)*

Presco is a leading player in the agribusiness sector, particularly in palm oil production. The company benefits from Nigeria's large agricultural sector and the increasing global demand for edible oils and biofuels.

*Market Outlook*: Palm oil remains a high-demand commodity globally, and Presco’s strong operational capabilities and leadership in the Nigerian market give it an edge as global prices for palm oil continue to rise.

12-Month Target Price: N550.00 (15.8% upside)

*Potential ROI*: With increasing demand for palm oil and strong international market performance, Presco is set to deliver an estimated ROI of 15.8%, backed by robust growth in its product offerings.

*8. OKOMU OIL PALM PLC (N444.00)*

Another giant in the Nigerian agribusiness sector, Okomu Oil Palm focuses on palm oil production. It benefits from the global trend towards sustainable and organic products, making it one of the key players in the market.

*Market Outlook*: Okomu continues to enjoy steady growth driven by the expanding global demand for palm oil and its position as a market leader in Nigeria. The company’s investment in large-scale plantations further strengthens its capacity to meet this demand.

12-Month Target Price: N500.00 (12.6% upside)

*Potential ROI*: With global palm oil demand rising and Okomu’s leading position in the market, a potential ROI of 12.6% is expected as the company consolidates its dominance in the sector.

*9. BUA FOODS PLC (N415.00)*

BUA Foods operates in the food and beverage sector, focusing on the production of sugar, flour, and edible oils. It is one of the leading food processing companies in Nigeria, which is a sector that has consistently shown resilience even during times of economic downturn.

*Market Outlook*: With Nigeria’s population growth and rising urbanisation, the food and beverage sector remains a strong performer. BUA Foods is strategically positioned to take advantage of these trends.

12-Month Target Price: N500.00 (20.5% upside)

*Potential ROI*: As the company expands its production capabilities and meets the demand for food products, investors can expect an attractive 20.5% ROI in the next year.

*10. CONOIL PLC (N387.20)*

Conoil is a leading oil marketing company in Nigeria, engaging in the distribution of petroleum products. As one of the biggest oil distributors in Nigeria, Conoil stands to benefit from both rising fuel demand and the growth in infrastructure.

*Market Outlook*: The Nigerian energy sector is likely to remain key to the economy in 2025. Conoil’s significant market share, coupled with a potential increase in local and international demand for refined products, should its growth prospects.

12-Month Target Price: N450.00 (16.2% upside)

*Potential ROI*: As the oil sector recovers, Conoil is set to provide a potential ROI of 16.2%, ed by its strategic market position and the ongoing demand for petroleum products.

As we've entered 2025, the top 10 highest-priced stocks on the NGX present diverse opportunities across key sectors. From energy to telecommunications, agribusiness, and FMCG, these companies offer solid potential for capital appreciation, with each sector benefiting from specific market trends. Investors who position themselves in these stocks, aligning their portfolios with strong market growth potential, can expect to see significant returns within the next 12 months. With optimism high and global trends favouring many of these sectors, the Nigerian stock market in 2025 is poised for an exciting year.

Happy new year fellow billionaires( or I might be the only billionaire here), how are you all doing? I have just prepare my 10 mouth watering portfolios already for the year, I will advice to follow my trading methods and make yourself some profit, this is the best you can ever see!!!

I will be dropping some hot trades here, watch out and please I don't reply to private messages... If you need any clarity drop your questions here!!!

And their bond is callable after 3 years, so they have flexibility to refi at lower interest or pay off with cash flow. Top-notch company.

Sunrisepebble:
Unlike the other two. This is over a 7 year period and it’s to fund an acquisition that is incredibly value accretive to the business. The other two issued ’s (< 270 days) of similar value to fund working capital requirements.

If you don't mind, where did you see the bolded comment about NAHCO? In 2023, they booked 500M in FX gains under "Other Income," which I guess you wouldn't expect if they're indexed to USD.

Sunrisepebble:
I don’t have a price target/fair value yet for NAHCO to be honest... Revenue is indexed to USD but paid in naira and they’ve recently started earning revenue from a new contract with Emirates after they came back to Nigeria which I think should show in Q4 results.

Olaide1295:

Presco is good, but I’m wary of anyone doing legitimate business and borrowing at 25+% interest rate.
It’s why I’m not buying MTN, Dangote etc. I really should look into the business numbers, because on the surface it seems to me like all profit will be paid to lenders.

Return on Invested Capital is about 70%

emmaodet:


I think by the time they dilute it with equity, the wacc will drop to probably 15%.
I also don't like a company using too much debt because they will virtually be working for the banks.
How many stocks on NGX sef they declare EBIT of 30% and above sef? And if over 20% will now be going to banks, that means na kasala be that.
Also, many companies have access to special Cbn/government low interest loans just like Vitafoam. The loan is as low as 5%

Please explain EBIT of 30% because I don't understand what you meant

Raider76:
As you said, it is not easy to predict Wale/Oando, or the market in general. But one scenario I am looking at is that the share redistribution will come as the corporate action of the 2024 Financial Report. That way it will look like, and have the effect of, dividend or bonus payment, and shareholders will be happy. Unfortunately, I have observed that Oando did not give notice of a Closed Period to start January 1st, like other companies are doing. So we may still be in the woods as far as corporate governance is concerned, and one cannot say when the results will be released.

I think Oando's share redistribution would not go beyond Mar2025, roughly 3 months after the AGM, which was held as part of corporate action with respect to the s for financial year 2023.
Oando always delays in releasing their audited s, usually after the deadline of June 30, which would be more than 6 months after the AGM, so there could be pressure on them to get it done before the 2024 s are released.