MarketWatch

[nosa2]

Originally Posted by emmanuel ewumi

I wish you all the best.

I understand the issues with this company and I understand why KOD is apprehensive but my grouse with rating stocks based on various metrices is that on their own they don't always tell the full story.

Is Ikeja hotel slowly destroying shareholder value? Yes, but at current price the company is trading at such a huge discount that it'll take decades of continous destruction for a current buyer to make a loss.

That being said, there are so many once in a lifetime opportunities that that the opportunity cost of holding Ikeja holel is just too great for me hence I sold off my holdings.

[dr dowell]

Originally Posted by nosa2

I understand the issues with this company and I understand why KOD is apprehensive but my grouse with rating stocks based on various metrices is that on their own they don't always tell the full story.

Is Ikeja hotel slowly destroying shareholder value? Yes, but at current price the company is trading at such a huge discount that it'll take decades of continous destruction for a current buyer to make a loss.

That being said, there are so many once in a lifetime opportunities that that the opportunity cost of holding Ikeja holel is just too great for me hence I sold off my holdings.

There are issues I would like to be fully explained.(1) destroying shareholders value. Looking at their 2010 AGM report shareholders fund increased . Is co operate governance included in shareholder Value? (2) Why would they be destroying shareholders value since they want to come and raise fund from capital market when things stabilize. Will it not affect the out come? (3) having study reasons for late release of results, I discovered that Ikeja hotel release 2005 audited result in Nov 2006 even before public listing. I think it is because of regulatory lapses that allowed such abnormality to continue even after listing.

[nosa2]

Originally Posted by dr dowell

There are issues I would like to be fully explained.(1) destroying shareholders value. Looking at their 2010 AGM report shareholders fund increased . Is co operate governance included in shareholder Value? (2) Why would they be destroying shareholders value since they want to come and raise fund from capital market when things stabilize. Will it not affect the out come? (3) having study reasons for late release of results, I discovered that Ikeja hotel release 2005 audited result in Nov 2006 even before public listing. I think it is because of regulatory lapses that allowed such abnormality to continue even after listing.

Had you used the word please you'd have gotten a response from me but you didn't so you won't.

[dr dowell]

Originally Posted by nosa2

Had you used the word please you'd have gotten a response from me but you didn't so you won't.

Oga mi. Treasure of wisdom. Pillar of experience. Please explain. Ejoo.

[hispy99]

Originally Posted by nosa2

I understand the issues with this company and I understand why KOD is apprehensive but my grouse with rating stocks based on various metrices is that on their own they don't always tell the full story.

Is Ikeja hotel slowly destroying shareholder value? Yes, but at current price the company is trading at such a huge discount that it'll take decades of continous destruction for a current buyer to make a loss.

That being said, there are so many once in a lifetime opportunities that that the opportunity cost of holding Ikeja holel is just too great for me hence I sold off my holdings.

chei..oga Nosa don run o

[nosa2]

Originally Posted by hispy99

chei..oga Nosa don run o

My oga e no reach to run! Na December 2012 we dey enter oh and still no 2011 result not to talk of 2012

[duduspace]

Originally Posted by nosa2

My oga e no reach to run! Na December 2012 we dey enter oh and still no 2011 result not to talk of 2012

The only thing I don't understand is your claim that they are destroying shareholder value. Without seeing their results, how can we come to this conclusion?

[nosa2]

Originally Posted by duduspace

The only thing I don't understand is your claim that they are destroying shareholder value. Without seeing their results, how can we come to this conclusion?

With ROE below the rate of inflation it'll be more efficient to sell the assets of the hotel and using the funds to buy treasury bills but wh I think this yard stick is misleading is because anyone who buys in at current price would be getting the same assets for a fraction of their book value, so…

Anyway what I'm trying to workout in my head is a relationship between price, book value and ROE.

[goldsun]

Originally Posted by nosa2

With ROE below the rate of inflation it'll be more efficient to sell the assets of the hotel and using the funds to buy treasury bills but wh I think this yard stick is misleading is because anyone who buys in at current price would be getting the same assets for a fraction of their book value, so…

Anyway what I'm trying to workout in my head is a relationship between price, book value and ROE.

first you need to know why their ROE is low and investors may have discounted this in thier current price. Try and use due point analysis of ROE. BTW which is thier most recent financial result

[faithgonuel]

Originally Posted by hispy99

chei..oga Nosa don run o

First na CCNN,
Now Ikeja Hotel,
Next fit be NEM, C&I Leasing or Redstar....
We dey watch

[dr dowell]

Originally Posted by goldsun

first you need to know why their ROE is low and investors may have discounted this in thier current price. Try and use due point analysis of ROE. BTW which is thier most recent financial result

Following the Discussion, Using those matrix ROE, Book value and stock price may be misleading in the case of Ikeja hotel reason being that the most recent result is 3rd quarter result released on 7th Dec 2011. A lot most have happened in the company at present which may not be captured by those matrix. I believe that is why Oga Laso believe it is a gamble and Oga KOD believe it is risky. I believe the the up side of the gamble is 60%.Going by antecedent of Ikeja hotel. Hence still in the race. The 2 reason is that market sentiment is low toward the stock leading to a lot of discountance because of poor cooperate governance. In medicine nothing is absolute. I believe that absolute so does it apply to other natural and social sciences. I believe those theorem of valuation in Ikeja hotel will not stand for Ikeja hotel now. I am open for forum criticism and correction.

[nosa2]

Originally Posted by faithgonuel

First na CCNN,
Now Ikeja Hotel,
Next fit be NEM, C&I Leasing or Redstar....
We dey watch

Trust me, if you dey watch you go enter bush.

[nosa2]

Originally Posted by dr dowell

Following the Discussion, Using those matrix ROE, Book value and stock price may be misleading in the case of Ikeja hotel reason being that the most recent result is 3rd quarter result released on 7th Dec 2011. A lot most have happened in the company at present which may not be captured by those matrix. I believe that is why Oga Laso believe it is a gamble and Oga KOD believe it is risky. I believe the the up side of the gamble is 60%.Going by antecedent of Ikeja hotel. Hence still in the race. The 2 reason is that market sentiment is low toward the stock leading to a lot of discountance because of poor cooperate governance. In medicine nothing is absolute. I believe that absolute so does it apply to other natural and social sciences. I believe those theorem of valuation in Ikeja hotel will not stand for Ikeja hotel now. I am open for forum criticism and correction.

Is Ikeja hotel a cheap stock? I think so… is it the best value for MY money? …

[goldsun]

Originally Posted by dr dowell

Following the Discussion, Using those matrix ROE, Book value and stock price may be misleading in the case of Ikeja hotel reason being that the most recent result is 3rd quarter result released on 7th Dec 2011. A lot most have happened in the company at present which may not be captured by those matrix. I believe that is why Oga Laso believe it is a gamble and Oga KOD believe it is risky. I believe the the up side of the gamble is 60%.Going by antecedent of Ikeja hotel. Hence still in the race. The 2 reason is that market sentiment is low toward the stock leading to a lot of discountance because of poor cooperate governance. In medicine nothing is absolute. I believe that absolute so does it apply to other natural and social sciences. I believe those theorem of valuation in Ikeja hotel will not stand for Ikeja hotel now. I am open for forum criticism and correction.

i guess you are emotionally attached to the stock

[hispy99]

Aliko Dangote... Set to Hit the London Market, Articles | THISDAY LIVE

[dr dowell]

Originally Posted by goldsun

i guess you are emotionally attached to the stock

Could it be true that I am emotionally attached to the stock? I may not be a judge in my own case. I think the little I know about equity trading is that it is not far from prostitution. You follow the winning Guy. Well when my radar spot a winning stock I will abandon Ikeja hotel immediately and move on. I believe the time is fast approaching.

[dr.abrahamb]

Originally Posted by dr dowell

Could it be true that I am emotionally attached to the stock? I may not be a judge in my own case. I think the little I know about equity trading is that it is not far from prostitution. You follow the winning Guy. Well when my radar spot a winning stock I will abandon Ikeja hotel immediately and move on. I believe the time is fast approaching.

May be this is the reason my mentor invests, and is so far from prostitution.

[dr dowell]

Originally Posted by dr.abrahamb

May be this is the reason my mentor invests, and is so far from prostitution.

You can get to Abuja either by air or Road. Anyhow make sure you get to your destination by all means.

[netotse]

Hello Everyone,

I just realised something about technical analysis just now:

I took a look at proshare's WE sentiment analyis for last week and when they discussed unity bank and concluded it had a moderate chance of extending(abi continuing) it's uptrend, they didn't mention the single major factor that I think is behind the price 9.4% increase, it's addition to the ranks of stocks with market makers.

You know that moment when something you read makes sense? well I'm having one of those right now...lol

[Vincenta11]

Hello everyone,

I am new to fundamental analysis of stocks and I would want to know;

How important a matrix is PEG and which is the best formular to calculate the Annual Growth Rate of PAT.

Thanks.