NewStats: 3,263,633 , 8,180,863 topics. Date: Saturday, 07 June 2025 at 12:23 AM 503k5m

[quote author=Willie2015 post=134950777]

We were formerly with folio
Migrated to Sproutfi ....
Then migrated to Vest.....
Pls check the below link...
It should help and if u need any further info....
Write @mivest.io ..

https://pitchbook.com/profiles/company/467647-75#overview

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yMcy56:

Compliments sir.
You've been away for long sir!
Wetin you bring come for me? 😁

The Oga patapatas that you asked of are no longer active here again.... ASIDE Oga that used to show once in a while.
Agba is still here and active, so also Pa Emma. 😊

Someone here doesn't like it when people are being called oga, may be out of envy
Just watch out

starpower:
it lithium-ion battery really making thing cheaper if naira appreciate more people will understand. I use, electric cooker 1200W each head, microwave on mine and 1hp a.c 2pc but it 15kva battery lithium-ion phosphate truly with s, inverter and installation. Funny it 3.8m i did all that like $2,500. I am outrightly off grid. People can cut coat according to their size.

You mean 3.8m will set up a solar system that will deliver all you mentioned here even at night?

Agbalowomeri:


Sir Wanaj0 was accumulating SEPLAT below N200, moved a good chunk of his portfolio from GTCo to UCAP at ca. N1. I am sure he is still holding both. Men dey!!!😂

How I wish he would show up and say something about this oando matter now.

robobo:


Na that one carry Wale go Canada stock exchange that time b4 he run away from dir head off to joburg

He don teyyyyy

He Don teyy teyy..

yMcy56:

Why did you say it's not great?

* NIDF Q3 dividend = N5.09
Representing 24.4% yield......
* Growth in performance Y-on-Y

Any long term or dividend investor should have this stock in his/her portfolio

How did you get a 24.4% dividend yield?
The total dividend so far is less than N14 and for a stock selling for N111.7.

essentialone:
From:

https://businessday.ng/insurance/article/lasaco-assurance-set-for-n11-1bn-fresh-capital/

To:

https://punchng.com/lasaco-assurance-completes-n11-1bn-capital-raising/


Lasaco Assurance Plc’s financial strength reaffirmed by GCR Ratings
Lasaco Assurance Plc, a prominent player in the Nigerian insurance sector, has once again received a reaffirmation of its A(NG) rating and Stable Outlook from Global Credit Rating (GCR), underlining its robust financial position and resilience.
This recognition comes at a time when the company has continued to navigate economic challenges with unwavering strength.
The report by GCR has accentuated Lasaco Assurance Plc’s strong risk-adjusted capitalisation and ample liquidity, highlighting its ability to withstand market volatility and maintain financial stability.
The company’s ability to not only endure but thrive in the midst of economic uncertainties solidifies its reputation as a reliable insurance provider in Nigeria.
While the GCR report identifies areas for strategic focus, such as modest competitive position and underwriting losses, the company is actively addressing these as part of its long-term growth strategy.
By proactively focusing on these areas, Lasaco Assurance Plc is positioning itself for sustained success and further strengthening its position in the market.
Looking forward, Lasaco Assurance Plc is poised for even greater financial strength, with a finalized capital injection expected to bolster its capabilities further.
This injection will undoubtedly enhance the company’s ability to continue delivering top-tier insurance services and meet its obligations.
This reaffirmation by GCR serves as a testament to Lasaco Assurance Plc’s unwavering dedication to excellence and its pivotal role as a leading force in the Nigerian insurance landscape.
With a steadfast focus on delivering top-tier insurance services, the company remains committed to prioritising the needs of its stakeholders, including customers, staff, investors, and the broader public.




LASACO safe to Buy now?

What is the OS before and after capital raise??

Streetinvestor2:
ok.it is now capital intensive if no mortality. You will transfer the cost still to consumer. Why I never fanced it before because sometimes you will still be looking for the market for the eggs but now the story has changed. People dey look for the egg to buy.Then you go see person with 2M or less dey all do the business
Na feed dey like 27k a bag making many close shop

Agriculture on paper is different from the real practice.
There is money to be made in agriculture but money could also be lost.
It is a very challenging terrain.

KarlTom:
₦776 is a massive gain for Nigeria (that's circa ₦341 savings per litre).

Aren't these the same 'marketers' fighting to be allowed to continue importation at ₦1117 per litre?

Yeye dey smell...

Why do you think it is only NNPC that can buy directly from Dangote refinery?
I want to believe that N776 being quoted is a subsidized figure.

https://nairametrics.com/2024/09/14/gtco-to-write-off-aiteo-loan-and-switch-to-aggressive-recovery-plan/

Sunrisepebble:
Neither, I just happen to have an expansive network and aware of any major happenings in the corporate scene

You are doing well my brother.
Please ignore the naysayers.

sterlingD:
l have forgotten that ASO SAVINGS AND LOANS PLC is still listed on NGX .l am seeing them reel out Audited Finanacial Statements ffrom as far back as 2015. to 2022

That must be some good news for the long-suffering shareholders.

godlyguy:
I expected people to hate/love me ionately but my writings and warnings are for the new entrants...

Check my past anticidents... I always warn newbies as you call them from the game masters

If you are new here stay away from those stocks that I mentioned yesterday especially oando, japaul and tantilizers

Be wise

You have made your point.
Move on.

BullBearMkt:

Technically, when you see stocks making higher-high, higher-low; that's not MH, it comes from the hearts of those who genuinely want you to make money.

I don't think anyone will say you are monkey hunting here.
Your calls are always back up with charts..
That cannot be said of some....

Agbalowomeri:


Lol

You just have to make a lot of noise on your preferred stock now and before you know it many are on the queue to ....

KarlTom:
One thing is certain, after commencement of full operations at DR our FX will improve significantly.

I honestly do not see FG/NNPC satisfying the crude oil needs of DR and he'll have to import more crude to meet demand/full capacity,

That means, at cheaper $-₦, the produce of the refinery will be cheaper ex-depot.

I think the bolded can be achieved on the mid- to long-term...

I still cannot see how a fully functional dangote refinery will improve our fx significantly.

KarlTom:
There are many contractual involved in deals like this but let's just leave it like that...

On the issue of 'being on the queue', let me paint a scenario: What IF DR signed similar 'distributorship' agreement with NNPC?

The fact that MRS. ETERNA et al are NOT tagged EXCLUSIVE or SOLE distributor leaves the door wide open

On second thought, I feel the NNPC distributor deal is a clause inserted in the crude-for-naira deal.
Let's wait and see how it relates to subsidy in due course

The government is in a fix.
Make it a free market and petrol will sell above N1000 close to the price of diesel or maintain a ceiling on price in which only NNPC can run that kind of business.
Nigeria is still subsidizing petrol.

Raider76:


Ok so where is the generated power going if not the national grid? Oyibo doesn't do zero work. They will not install that much capacity if they are not using it.

Background
It is also called Okpai power plant, Kwale-Okpai Independent Power Plant, Kwale Powerplant or the Kwale IPP[10][11]. The phase 2 expansion is also called Okpai Phase 2, Kwale IPP Phase II[10] and Okpai Phase II Independent Power Project (IPP),[12] depending upon which company is talking about it.[13]

Phase 1 of the plant was commissioned in 2005.[12] In 2017 Oando Plc secured the Nigerian federal government’s approval for an expansion, essentially doubling the plant's size.[14][15][16]

Oando reported spending on $17.5 million on capital expenditures on Kwale IPP Phase II in 2017,[10] indicating construction had begun.

Over the years, Oando has faced serious financial issues that came to a head in mid-2019 when Nigeria's Securities and Exchange Commission (SEC) ordered Oando's entire board to resign.[17]

The plant's commissioning was delayed to Q3 of 2019[18], however even post-commissioning in 2020 power was not being sent to the grid

megawealth01:


Use STB and UBA as case study... Tony was STB you know?

In UBA and STB, non of the two was having a negative equity.
Unity bank currently has a negative equity which the cbn has to cover.

Mankind2024:
Lol
Baba was lamenting, he would never changed his philosophy.
He never own a unit of NVIDIA in Berkshire Hathaway humongous portfolio.
Baba was just telling investors on how to stick to FA in their investment journey.

That is what I am trying to clarify.

Geovanni412:


Ok, what do you think about mcnichols plc?

Overvalued or not?

I don't even have an idea of what they do.
There is no way to know if it is overvalued or undervalued when I have not gone through their books.

Mankind2024:
He compared the modern market with a casino

I didn't say he did not compare it with casino. Did he say he is changing his own view about the market and will also like to play like casino.
I will be happy if you can post the whole letter or link to it and not just an abstract from what he said.

Geovanni412:


History of Nigerian market is not easily accessible on internet compared to us market

That is the problem,

A bubble like this might have occurred during 2008 but I can't seem to find precise records of stock prices during this period

And even if it is a bubble, calling the top might be tough - market might keep rallying throughout Tinubu 's 4 years till election period

No one knows what the market makers see as true value anymore.

Many here have witnessed market cycle of boom and burst on the NSE.
What better way to learn than real life experience. I actually don't think the NSE is overvalued to be talking about bubbles,yes I believe some individual stocks are overvalued while some are undervalued.
And by the way,I was not only talking about NSE in my observation.

Mankind2024:
https://www.nasdaq.com/articles/warren-buffett-says-stock-market-is-becoming-casino-like-how-to-invest-and-not-gamble

I can't see anywhere he said his followers should play the market with the mindset of casino.
By my own understanding, he is asking people to be more circumspect and not get carried away with the chaos in the present day market where many see it as casino.

Mankind2024:
In all models of valuation, both conservative and non-conservative, we must acknowledge the arrival of sentimental analysis, driven by technology. I can tell you that Nigerian investors had no access to live trading 12 years ago; we had to monitor stock prices in daily newspapers and news. I vividly sending buy orders to my brokers via email. Today, we are empowered with tons of information, participating actively in buying and selling. Some previously dormant stocks were revived from the graveyard and began to show life due to investor sentiment. Since no one has a verified crystal ball like the OANDO prophet Utuocha, we now use available tools to make fundamental analysis (FA) or technical analysis (TA) decisions, coupled with sentimental analysis, which Warren Buffett has acknowledged. The millennials and short sellers can punish the most undervalued stock and promote the most overvalued stocks, still smiling to the bank. Whether we like it or not, behavioral biases and sentimental analysis are inseparable and have come to stay while the market would always correct and defend itself.

I totally agree with you that the market dynamic has changed and evolved over the year.
I am not also disputing the fact that valuation is not the only metrics that determine prices. I respect some FA guys here who are doing some great jobs.
Sentiment analysis/spiritual analysis, I have my reservation, thought I am not in a position to say they don't work.
This is not the first time utuocha will be prophesying about stocks, he has had many failed promises in the past in the days of SMN, so his prophesies don't excite someone like me either failed or fulfilled.
There is also a place for manipulation just like we have seen in some stocks.
All in all, I respect other people's opinion about what works for them but I strongly disagree with the assumption that the concept of overvaluation/undervaluation is no more relevant in today's market.

Mankind2024:
Well, the overvalued stock in your sight could be undervalued in another investor's sentiment. The good results produced by the aforementioned companies would not have justified their current value. The moment these companies started trending on social media, most especially on NSEMPA, investors began to direct sentiment and speculation towards them. This is the constant and dynamic truth.

There are different methods used in valuation that are generally acceptable as standard.
Those don't respond to an individual bias.
We are all at liberty to do and believe whatsoever we want.

Mankind2024:
My View on the Illusion of Stock Overvaluation and Why Investors Should Rethink Stock Valuation.
When Total was trading at sub-N400 a year ago, it appeared overvalued in the sights of many investors.
Low liquidity and low volume were also cited by some forum , with daily prices sometimes static. Then, speculations by retail investors emerged that there was a hidden gem in the company. The story changed, and the price is now heading towards the N1,000 mark, same is true for OANDO, We NSEMPA single handedly dictate its current price.
This motivated me to research why the concept of stock valuation using the traditional methods of FA, CCA, ABV, GGM, EV/EBITDA, P/S RATIO, P/B RATIO, DCF, DDM, P/E RATIO
All these may no longer be absolutely relevant in modern settings. No wonder the legendary investor Warren Buffett described the modern stock market as a casino due to massive participation by retail investors. Behavioral and financial psychology is now the order of the day.
In light of this, I came up with the following ing opinions to buttress the assertion that the concept of stock overvaluation lies in the eyes of an individual(buyer), not the dictate of the market.

In the era of digital mobile technologies and social media, the investing landscape has undergone a significant transformation. The emergence and active participation of retail investors has revolutionized the way stock prices are determined, rendering traditional notions of overvaluation obsolete. It's time for investors to abandon the concept of overvaluation and embrace a new reality: a stock's value is ultimately determined by what individual investors are willing to pay.

_Subjective Valuation_

Stock valuation has always been subjective, with different investors holding varying opinions on a stock's worth. What one investor considers overvalued, another might see as undervalued. This disparity highlights the futility of relying solely on traditional valuation metrics.

_The Rise of Retail Investors

The influx of retail investors has demonstrated that collective individual opinions can drive stock prices, making traditional notions of overvaluation less relevant. As more investors participate in the market, their collective sentiment and speculation shape stock prices. This concept alone was the reason my boss Oga Agba has been locked out of the market. He is still waiting for the index to obey the dictate of Ichimoku and fibonacci. 😆 🤣 😂 😹

_Speculation and Sentiment

Speculation and market sentiment, fueled by digital technologies and social media, significantly impact stock prices. This makes it challenging to determine intrinsic value, as prices are influenced by various market dynamics, such as momentum, trends, and herd behavior.

_A New Era of Investing_

The digital age has ushered in a new era of investing, where information dissemination and accessibility have empowered individual investors. Traditional valuation metrics are no longer dominant, as investors rely on diverse sources of information to inform their decisions.

_Price Discovery_

The true value of a stock is ultimately determined by what investors are willing to pay, making price discovery a dynamic and constantly evolving process. This reality underscores the importance of understanding market sentiment and speculation.

_Efficient Market Hypothesis_

The efficient market hypothesis suggests that prices reflect all available information, making it challenging to consistently achieve returns in excess of the market's average. This theory s the idea that stock prices are influenced by individual opinions and speculations.

_Behavioral Finance_

Behavioral finance highlights how psychological biases and emotions influence investment decisions. This further s the notion that stock prices are influenced by individual opinions and speculations rather than solely by fundamental valuations.

Lastly, the concept of overvaluation is no longer relevant in today's investing landscape. Investors must adapt to a new reality, where stock prices are determined by individual opinions, speculation, and market sentiment. By embracing this shift, investors can better navigate the complexities of the modern market and make more informed investment decisions.

History has a way of repeating itself.
When the market has been bullish for a very long time, it is not uncommon for people to think that valuation doesn't really matter.
Everyone feels invisible and believes price will continue to go up for ever not minding the underlying status of the listed companies.
This is not new, it just the cycle that we are in, another cycle will come and story will change.

Mankind2024:
If anyone thinks Total, PRESCO, OKOMU, JB, STANBIC, GEREGU, BUAFOODS, TRANSCOHOT, NNFM, NAHCO are overvalued, you have your own price, the rest of investors have theirs, and the world has its valuation as well. Some of these companies are trading at valuations. Their prices are determined by what investors are willing to pay, not by fundamentals alone. This makes the dynamic and irrational market very interesting. No one is forcing investors to buy them at their current valuations. Suffice it to say, some investors still see them as being undervalued.

Valuation is dynamic in my opinion and I want to believe there is where you are mixing it up.
A company can be overvalued this quarter and produce a superb performance in the next two quarters that will justify the new price.
PRESCO, OKOMU, NAHCO have all produced results in recent times that could justify their new price and I don't think that can be said of TRANCOHOT.
It is also pertinent to also note that a stock can stay overvalued or undervalued for a long time than any one can imagine.

Streetinvestor2:
The strong part of the forward looking was removed by the guy who posted the content of the link.And I questioned why.It became a problem..lol.
You posted g ceremony as big deal and don't want us to talk about every information attached

You will do well to stop talking about this oando. Since you sold your holdings,the negative energy being shown on this particular stock is nauseating.
Allow those in oando to enjoy their success.

And note, I don't have a single unit of oando as it is not my type of stock.

BullBearMkt:

How I wish I had gone to Cambridge, Oxford, Harvard, or Massachusetts, I for dey speak big, big grammar like Oga OGG; but thank God for the evening school my papa and mama could afford

BullBearMkt:
NGX ASI AT A CRITICAL POINT: A MAKE-OR-BREAK MOMENT
The Nigerian Exchange All-Share Index (NGX ASI) is now at a critical point. The weekly structure continues to deteriorate, forming higher lows (HL) and lower lows (LL). A close below 96,961.25 in the coming week could make the Nigerian stock market increasingly vulnerable to decline across many stocks. Hence my previous post to be cautious in the market.

However, looking at last week's closing volume on the Nigerian Stock Exchange, it seems the momentum to drive the index further down is waning. If the volume continues to decrease as index declines, we may likely witness a false breakout.

PLAN YOUR TRADES AND TRADE YOUR PLANS

You are well appreciated.
Thanks for making it simple.