NewStats: 3,261,937 , 8,175,589 topics. Date: Saturday, 31 May 2025 at 06:52 AM 724u3w

essentialone:
CHAMS and Fidson set for Full Bids from Monday...

Amin for the chams wey concern me

SonofElElyonRet:

Amin for the chams wey concern me

HesInMe:
To be fair, they're trying. At least they're improving their atrocious gross margins, most likely due to changing revenue mix with a shift away from commoditized card printing.

If I were management, I'd quickly raise new equity and continue to reinvent the business like so. Might take 5 years, but if existing shareholders are so Cham'd that they're willing to pay for a low-margin business, you should oblige them.

From what @Osita posted, They shored up equity by about 48-50% in full year 2024.
Thats quite impressive.
They don't have to come to the market to dilute their shares?

If they have a go at it again this year or even better. They are off -ve equity..
I believe they would with the contract of last year probably taking effect this Year.

What's with the 5years?
Max 2yrs. They will come to within acceptable debt level.

jp130:
I hope my money no enter voicemail for DIRECT CASH SETTLEMENT so?

This is sad, i have not heard about direct mapping with them before, i think you should copy cscs, a friend of mine had a similar issue until he did that, i posted here about it so you can read it up. MS is beginning to lose my confidence and thats unfortunate cos i always rooted for them cos of their easy ui. dm me if you need the email address...

PuristForest:
This year is not what we all think it wil be ...its will be a red year for the most part however, there are still a handful of great opportunities....Investors should tighten up......Our Oando analysis has been updated but not far from the initial analysis which i shared here previously...https://ewnation.com/oandoplc-stock-far-from-safe-at-current-price/

How did you know it will be red yr.It will be red yr.why are you guys still buying. Why not liquidate your stock portfolio and move completely to fixed assets. Na person way even get time to they open that yeye link.You guys are quick to have issues with good sound stocks but always calling out stock fish for people to buy because you want to collect 10% gain in your trade in the name of TA.
Na only newbies you can play the game in this market oh

@cscs.ng
No need to dm!

PuristForest:
This is sad, i have not heard about direct mapping with them before, i think you should copy cscs, a friend of mine had a similar issue until he did that, i posted here about it so you can read it up. MS is beginning to lose my confidence and thats unfortunate cos i always rooted for them cos of their easy ui. dm me if you need the email address...

chimex38:



What's with the 5years?
Max 2yrs. They will come to within acceptable debt level.

If they go another round like last year they will have clean slate.
He has failed in all he said about any stock (banks)and not bold enough to it it.He saw the truth like we have said about chams and could not talk about the margins he claimed.
To console his negative expectations,he made the last statement of 5 yrs balablue as they didn't materialise in what he expected in the result.
I want to see what his South African recommended business can bring out for 2024.


Funny enough I don't still trust the person and the purpose of the person behind that ground father moniker here.

For those who have been CHAMified, look well before you leap...

Check the difference between the unaudited and the audited results for 2023...

Streetinvestor2:
How did you know it will be red yr.It will be red yr.why are you guys still buying. Why not liquidate your stock portfolio and move completely to fixed assets. Na person way even get time to they open that yeye link.You guys are quick to have issues with good sound stocks but always calling out stock fish for people to buy because you want to collect 10% gain in your trade in the name of TA.
Na only newbies you can play the game in this market oh

If our TA does not work, how have we been recording over 200% in most of the assets that we document, check our twitter handle and get the gist, i held myself from making this post about the market cos i always know that folks will generally not receive it well but i had to say it so that people be cautious and maybe perform better due diligence before jumping into buying...Even in the red years, there will always be winners. Our TA is strictly based on principles of Elliot wave theory and it works for the most part becuasae market moveements are driven by human psychology and moves in cycles of optimism and pessimism whcih are reflected indistict wave patterns. you dont have to believe but there are rules in everything in life including the market. One of many pointers i can give you towards a bearish market in Q2 is the ASI itself, we will be hitting a market top in april at about 108k after a 5 wave impulse, when that happens, then our next will be 100k and that will take us to about october, that 6% decline will not come easy i can tell you for free..do the maths.

DrAwo:
For those who have been CHAMified, look well before you leap...

Check the difference between the unaudited and the audited results for 2023...

Hmmm.. Eagle eyes

Better to wait for the audited then.

jp130:
I hope my money no enter voicemail for DIRECT CASH SETTLEMENT so?

You'll get your money, maybe on Monday.
CSCS will pay you, not Meristem.....but Meristem can help you track it if still not received.
You may also send mail to CSCS with evidence.

https://doclib.ngxgroup.com/Financial_NewsDocs/43092_CORNERSTONE_INSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42920_CORNERSTONE_INSURANCE_PLC-NOTIFICATION_OF_THE_RESIGNATION_OF_A_DIRECTOR_CORPORATE_ACTIONS_JANUARY_2025.pdf

They made loss of 10 kobo per share in Q4

There is one very wrong thing that most stockbroking firms do. When you previously have 1,000 units of Stock A at the Cost Price of N1.00 and you later buy same just 10 units of same Stock A, when the price is now N2.00, they just add up the 2 prices and give you a new Average Cost of N1.50 Am I the only one that sees this practice as being very wrong?

They've conquered cornerstone now they are rubbing shoulders with Axa

Cc: @Uchetoba and @Ucheson2

Lol. Bros, welcome back, but calm down na. Stop taking it so personally. We're not talking about your mama. We're allowed to disagree about stocks.

I've said it before: Nobody can predict short-term market moves perfectly. Wise investors trade accordingly.

Streetinvestor2:
If they go another round like last year they will have clean slate.
He has failed in all he said about any stock (banks)and not bold enough to it it.He saw the truth like we have said about chams and could not talk about the margins he claimed.
To console his negative expectations,he made the last statement of 5 yrs balablue as they didn't materialise in what he expected in the result.
I want to see what his South African recommended business can bring out for 2024.


Funny enough I don't still trust the person and the purpose of the person behind that ground father moniker here.

essentialone:
There is one very wrong thing that most stockbroking firms do. When you previously have 1,000 units of Stock A at the Cost Price of N1.00 and you later buy same just 10 units of same Stock A, when the price is now N2.00, they just add up the 2 prices and give you a new Average Cost of N1.50 Am I the only one that sees this practice as being very wrong?

Which stockbrokers are you using?

essentialone:
There is one very wrong thing that most stockbroking firms do. When you previously have 1,000 units of Stock A at the Cost Price of N1.00 and you later buy same just 10 units of same Stock A, when the price is now N2.00, they just add up the 2 prices and give you a new Average Cost of N1.50 Am I the only one that sees this practice as being very wrong?

* It depends.....and boils down on different scenarios.
* It depends on whether you're averaging up or averaging down......and at what price for each purchases.
* Also bear in mind that buying charges are included and spread on purchase costs.

yMcy56:

* It depends.....and boils down on different scenarios.
* It depends on whether you're averaging up or averaging down......and at what price for each purchases.
* Also bear in mind that buying charges are included and spread on purchase costs.

The issue is the Portal. It calculates Average Cost by adding the previous Average Cost to the present Market Price, and just divides it by 2, regardless of the units of shares bought on both occasions

talk2me2:
Which stockbrokers are you using?

Afrinvest

Presco at full year EPS of N100

Presco never buy the business in Ghana ooooo. Hold on to your Presco na retirement stock.

I will try to analyze it tomorrow by God's grace

Jesus !
I knew they’d make good money this quarter but wow. My companies did not dissapoint this Q4

emmanuelewumi:
Presco at full year EPS of N100

DrAwo:
For those who have been CHAMified, look well before you leap...

Check the difference between the unaudited and the audited results for 2023...

You are right in your observation. It would have been best if your call is pointed towards all unaudited results for people to be cautious. Why the preferential treatment..lol.I have no emotional attachments to any stock again like before so don't misunderstand me.The last I had was sugar and I have learnt my lesson oh though not in a loss but missing over 9 figures gain is not easy

essentialone:


Afrinvest

I don't know much about Afrinvest. As for all the stockbrokers who services I have experienced, assuming I buy 100 units of A @ 1 per share with total commission 1%, the cost price per share will be 1.01. If I later buy additional 20 units of A @ 2 per share with 1 % commission. The new cost per share will be (1.01 * 100 + 2.02 * 20) ÷ 120 = 1.18

It’s that gain on biological asset they added

emmanuelewumi:
Presco never buy the business in Ghana ooooo. Hold on to your Presco na retirement stock.

I will try to analyze it tomorrow by God's grace

PuristForest:

If our TA does not work, how have we been recording over 200% in most of the assets that we document, check our twitter handle and get the gist, i held myself from making this post about the market cos i always know that folks will generally not receive it well but i had to say it so that people be cautious and maybe perform better due diligence before jumping into buying...Even in the red years, there will always be winners. Our TA is strictly based on principles of Elliot wave theory and it works for the most part becuasae market moveements are driven by human psychology and moves in cycles of optimism and pessimism whcih are reflected indistict wave patterns. you dont have to believe but there are rules in everything in life including the market. One of many pointers i can give you towards a bearish market in Q2 is the ASI itself, we will be hitting a market top in april at about 108k after a 5 wave impulse, when that happens, then our next will be 100k and that will take us to about october, that 6% decline will not come easy i can tell you for free..do the maths.

You are speaking balablu of TA to someone who knows it is pure probability only achievable if you can draw in enough crowd to believe what you are reading as different people have different readings too.Nobi only 200% na 2000%.Do you think I started the business yesterday. Is it only elliot wave you see dey use.There are many more out thr to use.You are making 200% and you are here running up and down to get 10% in all these stock fish you are always recommending in different week.Oga na people way enter this business for quick money you fit catch..lol

Sunrisepebble:
It’s that gain on biological asset they added

Check the operating profit of N130 billion .

I will work on a normalized EPS of N80.

Should be able to pay a dividend of N40

talk2me2:
I don't know much about Afrinvest. As for all the stockbrokers who services I have experienced, assuming I buy 100 units of A @ 1 per share with total commission 1%, the cost price per share will be 1.01. If I later buy additional 20 units of A @ 2 per share with 1 % commission. The new cost per share will be (1.01 * 100 + 2.02 * 20) ÷ 120 = 1.18

For this exact same scenario you did now, Afrinvest will calculate it and your new Average cost will be N1.515 which will be approximated to N1.52

emmanuelewumi:
Presco at full year EPS of N100

This helps keep hope alive for ellah

[quote author=HesInMe post=133954710

I've said it before: Nobody can predict short-term market moves perfectly. Wise investors trade accordingly.

[/quote]

When did you realise this statement. You did sound with certainty in banks and chams.
Are you still wondering what banks can still do with the new funds to increase thr revenue. Are they no longer structured as holco businesses. Did you read the news of a bank acquiring eko distribution company. You are wondering what someone like ToNy can do with additional capital. Have you ran any business of your own.
Chams own na big shock

How far with Mtn results

emmanuelewumi:
Presco never buy the business in Ghana ooooo. Hold on to your Presco na retirement stock.

I will try to analyze it tomorrow by God's grace

Please what's your opinion on the following stocks?

UACN
GUINNESS
UNILEVER

For mid and long term.

talk2me2:
https://doclib.ngxgroup.com/Financial_NewsDocs/43092_CORNERSTONE_INSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42920_CORNERSTONE_INSURANCE_PLC-NOTIFICATION_OF_THE_RESIGNATION_OF_A_DIRECTOR_CORPORATE_ACTIONS_JANUARY_2025.pdf

They made loss of 10 kobo per share in Q4

Almost all insurance had a poor quarter 4 outing.
Those that managed to stayed in profit benefited from diversification.
I think and suspect they probably pay claims and other deferred payables by year end.