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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11365091 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 11:02pm On Apr 09, 2020 |
2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 11:44pm On Apr 09, 2020 |
Exactly. I watched Brent slide downwards when the news of 10Mbpd cut broke out. 20Mbopd was expected; this isn't good enough! sophy17: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 11:49pm On Apr 09, 2020 |
ositadima1: And I’ve been paying 1.35% both buying and selling on Afrinvest... I’ll think about leaving if I ever sell stocks and withdraw my money. |
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 12:50am On Apr 10, 2020 |
locodemy: iOS is for the iPhone OS which doesn't install apk files downloaded from Google Play Store. Apparently he needs to invest in an Android phone. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 6:38am On Apr 10, 2020 |
With the fall in oil prices despite the cuts, all I can say is "wahala dey oh" |
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 6:45am On Apr 10, 2020 |
locodemy: ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 7:15am On Apr 10, 2020 |
ositadima1: God bless ur hussle d day market decide to face south. U will see 1million turn to hundred k. Then u will remember ur employer!! 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Seunn11: 7:29am On Apr 10, 2020 |
Good morning members. Thank you for your kind advise on my portfolio. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:31am On Apr 10, 2020 |
Krisuba: He will combine his JIJO with monkey hunting, once he buys a stock he will.hype the stock here and every other media as some people do here, when the stock gains 10% he will sell and book profit. He will hype the stock for the uninformed and follow follow Investors to buy, but won't hype the stock when he will quitely sell He can't do this for long before people will understand his game plan 11 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Seunn11: 7:32am On Apr 10, 2020 |
Mcy56: I do not audio trade. |
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 7:48am On Apr 10, 2020 |
emmanuelewumi: To me jijo is stressful. I respect the ogas doing it.....maybe they are gifted in it. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by shalomblue: 8:12am On Apr 10, 2020 |
We now have people that hype stocks, just like in 2008, for them to cash out. At minimum, everyone should know how to calculate dividend yield and buy stocks that fit in to your expected yield. If capital gains then happen, you can sell. Be careful who you follow on this thread. I follow Pa Emmawunmi 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 8:37am On Apr 10, 2020 |
Always choose a trading style that fits your personality.Some people like to sleep well at night. |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 8:43am On Apr 10, 2020 |
Krisuba: Starting with millions in jijo or trading is suicidal. If he wants to learn, he should start small and with time he will be able to tell by himself if jijo can sustain somebody or not. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 8:44am On Apr 10, 2020 |
https://www.google.com/amp/s/www.businessamlive.com/redstar-express-issues-new-shares-to-boosts-capitalization/amp/ Explains the drop in price and recent liquidity... |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:55am On Apr 10, 2020 |
Bomboclad: Relax. The low for Brent now will be around $28. It has gone off from the lowest price and will either stay around 28 or move higher. The cut is a good signal. Other high cost shale producers will naturally shutdown and supply will reduce as well. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:48am On Apr 10, 2020 |
Lovinwa:Who is your broker to start with? After they refused to buy the first day, why not call them to register your displeasure? To your question, if your broker is an analogue type that doesn't operate digital platform, I'm sorry you have no choice than to be at their mercy, you have to keep sending mandate and just follow it up with calls or visitation to their office if you're close by. If you can enter the request yourself, why sending mandate in the first place? That's if they have "trade yourself platform". For the last question, if it's possible for you to send them mandate to buy/sell for you and you still trade yourself, there's no issue than the fact that you will have double of the quantities you wish to buy, that's if you have enough fund to cover it in your acct. Note: * Once prices are going up, your brokers too will be much more concerned with accumulating their quantities too, hence their needs and that of their deep pocket customers takes priorities first. What this means is that your mandate cc 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:49am On Apr 10, 2020 |
Lovinwa:Who is your broker to start with? After they refused to buy the first day, why not call them to register your displeasure? ** To your question, if your broker is an analogue type that doesn't operate digital platform, I'm sorry you have no choice than to be at their mercy, you have to keep sending mandate and just follow it up with calls or visitations to their office if you're close by. ** If you can enter the request yourself, why sending mandate in the first place? That's if they have "trade by yourself platform". ** For the last question, if it's possible for you to send them mandate to buy/sell for you and you still trade yourself, there's no issue than the fact that you will have double of the quantities you wish to buy (should they execute it), that's if you have enough fund to cover it in your acct. Note: * Once prices are going up, your brokers too will be much more concerned with accumulating their quantities too, hence their needs and that of their deep pocket customers takes priorities first. What this means is that your mandate comes second, they may attend to it when the prices have gone up already and 'they're less busy'. ** Open another account with a digital broker so you can trade by yourself, that's IF they don't operate digital trading.(must be with same CHN though). ** If they have digital platform, learn to trade by yourself. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by MrDiligence: 10:03am On Apr 10, 2020 |
Hi everyone, please what's the link to seeing candlestick patterns for individual stocks on NSE? Thanks for your anticipated response 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:05am On Apr 10, 2020 |
Tvegas:The round trips deceived you shey? You may join the N5 gang at their bus stop to waith for it anyway. ![]() Na condition make Zenith's crayfish to bend nah. Even at the current price, 14, it's still a buy.......barring any unforeseen circumstance(s) . ![]() 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:14am On Apr 10, 2020 |
ebuka1997:Thanks for the mention dear. Na my bosses try pass. OGG, Pa Emma and Oga Rabbi are the real MVP during these period. ![]() 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:24am On Apr 10, 2020 |
ositadima1:Don't give yourself unnecessary HPB o, 100% jijo is not advisable. There are some months that the prices will just remain somehow 'static". It's possible anyway but there's more to this..... emotional stability, enough time, etc. Try and go through some of Pa Emma's posts, you will learn some things there. ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by millennium2012: 10:25am On Apr 10, 2020 |
I just hope this oil war is over yet. https://nairametrics.com/2020/04/10/opec-deal-in-jeopardy-as-mexico-refuses-to-accept-production-cuts/ 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:31am On Apr 10, 2020 |
locodemy:Loco, you're not serious o. Chai! ![]() Pastor must hear this. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:45am On Apr 10, 2020 |
Seunn11:Na so. ![]() You fit wait for your loss to reach 5M, not to talk of 30M+ before you do something about it? ![]() Maybe you're Buhari's son sha, abeg share the covid loot and relief items reach my side too, I dey humble o. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:49am On Apr 10, 2020 |
Krisuba:This can't happen to real jijoist, immediately it faces south, jijoist jumps out with little haircut, which may just be the fees paid to buy/sell. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 10:54am On Apr 10, 2020 |
Mcy56: Lol, except for a natural disaster or war that expectation of Zenith at N5 was just illogical. Thanks for the caution from folks here especially RabbidOracle and emanuelewumi we for still dey wait. ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:21am On Apr 10, 2020 |
Expose on Larfage from ARM below. I wish I have spare cash. Earlier this week, Lafarge Africa Plc (WAPCO) released its FY 19 result which showed growth in PAT by 91% YoY to N15 billion. At the crux of the company’s performance during the year was the plunge in finance cost (-51% YoY), as expensive debts were taken off the company’s books following the sale of LSAH and the maturity of the first tranche of its bond. Further on the positive, we noted a decline in the admin cost (-29% YoY) thanks to improved terms on the technical fee agreement with the parent company, which drove the fees down by 39% YoY. However, we found the company’s Q4 19 performance disappointing. The quarter’s performance was littered with low sales (despite an increase in promotional activities), increased promotional expenses, depressed margins and a higher tax charge. As a result, the company suffered an operating and after-tax loss of N569 million and N5 billion in the quarter, respectively. Away from the income statement, we noted the improvement in Lafarge’s cash flow in FY 19, with CFO and FCF growing 2.9x and 30x from FY 19 to N80 billion and N57 billion, respectively. WAPCO declared dividend of N1 which translates to a yield of 8% on current pricing. Going forward, we have revised our expectation on earnings lower, especially for 2020. Our major adjustment was the revenue line, in light of the economic shut down that followed the COVID-19 outbreak. It is worth stating that while this is bound to affect the topline of all the cement players at this time and it is more so for Lafarge, given its concentrated markets and factory in the west which have particularly been hit by the economic shutdown. Thus, we forecast decline in volumes by 6% YoY to 4.6MT with a capacity utilization rate of 45% (vs 48% last year). Bulk of the decline is expected to occur over the first half. On the other hand, we see little room for any maneuvering in prices this year, especially after the rebates and promotional activities in Q4 19 failed to yield an increase in market share (unlike DANGCEM). Overall, we expect revenue will be drop by 8% YoY to N196 billion in 2020. Overall, we project drop in PBT by 29% YoY to N13 billion. Lafarge is expected to enjoy the last year of the pioneer tax benefits on its Mfamosing line in 2020. This will keep effective tax rate down at 15% (vs statutory 30%). Thus, we estimate a decline in PAT by 30% to N11 billion, translating to an EPS of N0.73 (2019: N0.96). Asides the adjustments to our earnings estimates, we reduced the risk-free rate in our valuation lower to 12% from 15% and increased our risk premium to 6.5% (previously 6%). Based on the foregoing, we have revised our FVE on WAPCO lower to N19.41 from N23.59, which still translates to a BUY rating based on current market pricing. This translates to 86% upside from current pricing of N12.65 which has dropped 17% YtD. The upsides to our estimates would lie in: (1) getting approval for a 2-year extension on the pioneer tax credit from NIPC beyond 2020 and (2) should the planned capex on the Ashaka power plants and de-bottle necking. WAPCO’s forward P/E prints at 17x, a premium to Bloomberg MEA peer average of 13.2x. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by smitten99: 11:24am On Apr 10, 2020 |
Guys i have looked some pages (almost 50 pages out of the almost 6000 pages) and done my own research your expertise and advise is highly needed. I want to switch to an Online trading platform but not sure which offers the best in terms of charges, customer service, easy to user web/mobile app and prompt action. Some online platforms seem to have different NSE, CSCS and SEC charges which i presumed should be the same. See my shortlist below; 1. Morgan Capital 2. Stanbic Ibtc (I am aware they need 5mm to open account) 3. Chaka 4. ArmStockTrade 5. leadtrader 6. Cardinal Stone (I am aware they need 1mm to open account) 7. CSL stockbrokers 8. Meritrade Thanks in advance |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:25am On Apr 10, 2020 |
I learnt some freshers wants to start JIJO, you are gifting Stockbroker your money. If got Zenith @ N10 don't JIJO with it o. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 11:38am On Apr 10, 2020 |
smitten99:Sir/ma, please open your account with Morgan Capital and save yourself unnecessary research time. I will advise you to now channel your energy to research companies you intend to invest in. All the best! 4 Likes |
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