NewStats: 3,259,735 , 8,170,737 topics. Date: Sunday, 25 May 2025 at 08:07 PM 6n2t31

onegentleguy:




Pls eat your meal in peace and leave Mr. Osita alone. I've always known that that dude is strangely unique, but only to himself!

Maybe he was just coming off one of his many dreadfully quixotic practice (like this one; https://nairaland.unblockandhide.com/4300752/guys-masturbate-pictures-people-know), otherwise am not sure what should warrant the follow-up response to my post.

The fact that he even described the content of the 1st link above as; "a useful information intended to serve the purpose of humanity" made me revisit the dictionary to see if there's another meaning to being psychosomatically unstable.

When you understand that life is not too long to accommodate inconsequential matters, you pay no heed to them.
I only had to smile at his post.

@ ositadima1, I have nothing to say to you my dear and am also not upset with you.

Do try and take care of yourself.

OGGGGGGGGGGGG

emmanuelewumi:




I will share my analysis tomorrow morning by God's grace

Pls do extend on security of thr Farm and workers if you have reliable information on it.That has been my concern because I don't like the news always coming from okumu oil end.This is because they are both in the same sector and state

onegentleguy:




Pls eat your meal in peace and leave Mr. Osita alone. I've always known that that dude is strangely unique, but only to himself!

Maybe he was just coming off one of his many dreadfully quixotic practice (like this one; https://nairaland.unblockandhide.com/4300752/guys-masturbate-pictures-people-know), otherwise am not sure what should warrant .

personally i don't think this is necessary or relevant here.

sky2891:
What's the expectation from oando court case coming up on Monday?

OANDO is a gamble... Expect anything

nosa2:


Yes oh........... I'm back in the Nigerian market. Make we come rofo rofo the place

Welcome back Oga Nosa...

For newbies who would like to know Oga Nosa better, you can listen to my conversation with him on my podcast...

Solid oga he is indeed...

47. Investing in commodities: A chat with Mr Peter Iyen (Nosa2) https://podcasters.spotify.com/pod/show/value-nigeria/episodes/47--Investing-in-commodities-A-chat-with-Mr-Peter-Iyen-Nosa2-e1dlsgo

emmanuelewumi:




I will share my analysis tomorrow morning by God's grace

Anticipating it Sir

If you have insight on Okomu oil aswell it will be highly appreciated.

Good morning sirs .
Please I need help in understanding the stock market. I want to start investing but I don't understand why the market has been closed since I installed the bamboo app.

Walinco:
Good morning sirs .
Please I need help in understanding the stock market. I want to start investing but I don't understand why the market has been closed since I installed the bamboo app.

Market opens from 10am-2:30pm on Mondays to Fridays excluding public holidays..... the market is supposed to be closed according to the time displayed in the screenshot.

1. Summmary and review of 2023 Financial performance of Presco

Revenue N102 billion
Gross profit N65 billion
EBITDA N63.2 billion
EBIT N59 billion
Net operating profit after tax N42 billion
Profit after tax N37 billion

Total asset N170 billion
Cash N10 billion

Capital employed N134 billion
Invested capital N123 billion
Equity N57 billion

Return on Capital Employed 44%
Return on Invested Capital 34%
Return on Equity 57%
Gross Profit/Total Asset 38%

Net Operating cash flow N32.6 billion
Free Cash flow N20 billion

Cash Flow Return on Investment 24%
Cash Return on Invested Capital 16.5%
EBIT margin 58%
FCF Margin 20%
Net margin 32%.


2. Proposed acquisition in Ghana
Presco is planning to buy a similar company in Ghana for a total sum of $125 million. The acquisition will increase the production capacity of Presco by 20%.
With this we can assume that the business in Ghana is about 20% of the size of Presco when looking at it based on production ability.

If the business in Ghana is valued at $125 million it is logical to value Presco at ($125 million multiplied by 5) That will give us $625 million or N875 billion or N875 per share. Using N1400 per $1.

The business in Ghana made an Operating Profit of GHC 188 million. Using GHC 15 conversion to $1, that will give an operating profit of $12.5 million.

For Presco to value the business in Ghana at $125 million, they probably used a multiple of 10 of the Operating profit.

Presco made an Operating profit of N59 billion or $39 million in 2023. If we use the same multiple of 10 for the operating profit of Presco that will give us a valuation of $390 million or N546 billion using N1400 to $1.


3. The analysis is lagging because I used 2023 figures, the performance for the current year ie 2024 is expected to be good based on Q1 2024 result that was released 2 months ago
The growth observed from Q1 2023 and Q1 2024


Total asset increased from N170 billion to N204 billion

Equity increased from N57 billion to N81 billion

Current asset increased from N68 billion to N94 billion

Retained earnings increased from N74 billion to N98 billion

Revenue increased from N28 billion to N42 billion

Operating profit increased from N15 billion to N32 billion

Working capital increased from N33 billion to N46 billion

News

With an EPS of N24 in Q1 of 2024, I have a conservative EPS estimate of N70 per share for the year 2024

stronglink:
Market opens from 10am-2:30pm on Mondays to Fridays excluding public holidays..... the market is supposed to be closed according to the time displayed in the screenshot.

thank you sir for the information

emmanuelewumi:
1. Summmary and review of 2023 Financial performance of Presco

Revenue N102 billion
Gross profit N65 billion
EBITDA N63.2 billion
EBIT N59 billion
Net operating profit after tax N42 billion
Profit after tax N37 billion

Total asset N170 billion
Cash N10 billion

Capital employed N134 billion
Invested capital N123 billion
Equity N57 billion

Return on Capital Employed 44%
Return on Invested Capital 34%
Return on Equity 57%
Gross Profit/Total Asset 38%

Net Operating cash flow N32.6 billion
Free Cash flow N20 billion

Cash Flow Return on Investment 24%
Cash Return on Invested Capital 16.5%
EBIT margin 58%
FCF Margin 20%
Net margin 32%.


2. Proposed acquisition in Ghana
Presco is planning to buy a similar company in Ghana for a total sum of $125 million. The acquisition will increase the production capacity of Presco by 20%.
With this we can assume that the business in Ghana is about 20% of the size of Presco when looking at it based on production ability.

If the business in Ghana is valued at $125 million it is logical to value Presco at ($125 million multiplied by 5) That will give us $625 million or N875 billion or N875 per share. Using N1400 per $1.

The business in Ghana made an Operating Profit of GHC 188 million. Using GHC 15 conversion to $1, that will give an operating profit of $12.5 million.

For Presco to value the business in Ghana at $125 million, they probably used a multiple of 10 of the Operating profit.

Presco made an Operating profit of N59 billion or $39 million in 2023. If we use the same multiple of 10 for the operating profit of Presco that will give us a valuation of $390 million or N546 billion using N1400 to $1.


3. The analysis is lagging because I used 2023 figures, the performance for the current year ie 2024 is expected to be good based on Q1 2024 result that was released 2 months ago
The growth observed from Q1 2023 and Q1 2024


Total asset increased from N170 billion to N204 billion

Equity increased from N57 billion to N81 billion

Current asset increased from N68 billion to N94 billion

Retained earnings increased from N74 billion to N98 billion

Revenue increased from N28 billion to N42 billion

Operating profit increased from N15 billion to N32 billion

Working capital increased from N33 billion to N46 billion

Just wondering if people like @Emmanuelewumi, BullBearMkt, Nosa2, KOD, & ... decide to monetize their expertise, ...

Well, who no know person dey call am my friend.

**
“If you see someone without a smile today, give ‘em yours,” D. Parton

KayOn1:



Just wondering if people like @Emmanuelewumi, BullBearMkt, Nosa2, KOD, & ... decide to monetize their expertise, ...

Well, who no know person dey call am my friend.

They will not sell😂
People patronise fraudsters

Agbalowomeri:


They will not sell😂
People patronise fraudsters

Well, ....
The best advice I can give those starting out, seek knowledge and avoid handouts.

https://www.drewinvestments.com/reading-list

KayOn1:



Just wondering if people like @Emmanuelewumi, BullBearMkt, Nosa2, KOD, & ... decide to monetize their expertise, ...

Well, who no know person dey call am my friend.

**
“If you see someone without a smile today, give ‘em yours,” D. Parton

When it comes to financial markets there are no experts, people claim to be experts but how many of them consistently beat the market long term. Most people over publicize their gains and stay mum on the losses.

With regards to me selling financial advise...... my brother country hard but I find that networking with people is far more profitable than collecting money to tell someone what pretty much amounts to an educated guess.

nosa2:


When it comes to financial markets there are no experts, people claim to be experts but how many of them consistently beat the market long term. Most people over publicize their gains and stay mum on the losses.

With regards to me selling financial advise...... my brother country hard but I find that networking with people is far more profitable than collecting money to tell someone what pretty much amounts to an educated guess.

Typical NOSA😂

KayOn1:


Well, ....
The best advice I can give those starting out, seek knowledge and avoid handouts.

https://www.drewinvestments.com/reading-list

Exactly. Just google top 10 books on stock market investing. Read them and you'll be good.

You will lose, you will gain, but at least you will understand what is going on.

Agbalowomeri:


Typical NOSA😂

My brother na lie?!! everybody dey chop woto woto for this market?

Agbalowomeri:


They will not sell😂
People patronise fraudsters

nosa2:


My brother na lie?!! everybody dey chop woto woto for this market?

The timing of this your return to Nigerian market is suspect though. For you to return by this time T, ...

I no talk so. Welcome back make we "rofo rofo" am together because it is about to ...

cocolacec:
News

How will the market react to Ote now being the undisputed major shareholder in FBN?

eziokwunwoko:
What is FVE of Unilever. Mr Onegentleguy

N29.4 ....based on the coys recent financial print. (assuming a like-for-like YoY I/SGR in 2024 plus a discounted RP above current surrounding level)
Conservative FVE is @ N28.15 though.

CAVEAT: NOT to be inferred as any sought of investment advice. Due diligence still applies as always.

It is well

KayOn1:


The timing of this your return to Nigerian market is suspect though. For you to return by this time T, ...

I no talk so. Welcome back make we "rofo rofo" am together because it is about to ...

I heard banks have started advising their staff to take up their shares...

Seems like students, workers, market women and men etc will soon be persuaded to do same... Maybe very soon we will have shares marketers in the streets of Nigeria

Dangote Refinery's Electricity Sures Nigeria’s Eleven Years Capacity

https://www.legit.ng/business-economy/energy/1598311-dangote-refinery-surpases-nigerias-electricity-capacity-eleven-years/

megawealth01:
Dangote Refinery's Electricity Sures Nigeria’s Eleven Years Capacity

https://www.legit.ng/business-economy/energy/1598311-dangote-refinery-surpases-nigerias-electricity-capacity-eleven-years/

Let this REFINERY list na

sky2891:
What's the expectation from oando court case coming up on Monday?

For Oando's court case, be hopeful for good news but plan and prepare for the worst case scenario!
That is how to survive in this business!

mikeapollo:


For Oando's court case, be hopeful for good news but plan and prepare for the worst case scenario!
That is how to survive in this business!

Uacn watchouttttt.

onegentleguy:


Honestly, we are not lacking in that department.
...we already have quite a handful and still getting more because we do a nice job at managing people's capital and also helping others make money and grow their portfolio.

Spotting early opportunities and delivering value has been our middle name.
I give God all the glory though. ...for without him, I am absolutely nothing!

Stop hating dude! Life needs you to exhibit oneness so you can focus on growth.
...it's also good for your mental health.

Do take care

I like this new version of you. The moment you realize that there is no need to be confrontational with anybody, the more you have peace in your inner minds.

megawealth01:
I heard banks have started advising their staff to take up their shares...

Seems like students, workers, market women and men etc will soon be persuaded to do same... Maybe very soon we will have shares marketers in the streets of Nigeria

This is not new. We saw the same scenario play out from 2005 to 2008. But I think the investing public is better informed now than before.