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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11445761 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:45pm On May 12, 2022 |
Sir, This against my rule no 1, never borrow to trade stocks ![]() emmanuelewumi: |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:49pm On May 12, 2022 |
sellydion: Maybe leverage is a better word here Lol 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 4:55pm On May 12, 2022 |
Bbbwings:Curious... once it reaches it's peak during this rally will it experience substantial retracement ? Should we sell at peak of this rally? I have some wapco.. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 5:18pm On May 12, 2022 |
sellydion: I don't trade stocks, I invest in businesses selling at a discount. The loans are equivalent to my annual dividend income, except during a brutal bear market where I can get an average dividend yield of over 15% that is when I get loans that are equivalent to twice or thrice my dividend income, with a plan to liquidate the loan within 24 months to 30 months 14 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 6:23pm On May 12, 2022 |
yMcy56:In that case, are you saying i should add price limit? Otherwise, bidding at market price should have taken care of the 10% thing. |
Re: Nigerian Stock Exchange Market Pick Alerts by dapix: 6:28pm On May 12, 2022 |
Ojoboak: Try Meristem Stockbrokers Ltd, they give Margin loans. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:44pm On May 12, 2022 |
dapix: I don't recommend margin loans. Margin loans are for short durations usually 3 months to 6 months. Most of the people who take margin loans hope to pay back their loans through capital appreciation of the Investments which might not happen within 6 months. He can get a 12 months term loan from Meristem Finance a subsidiary of the Meristem group and then use his salary or profit from his business to pay back over a period of 12 months. Interest rate is less than 20% per annum 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 7:20pm On May 12, 2022 |
Caverton had a plane crash ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by courage89(m): 7:55pm On May 12, 2022 |
I'm surprise nobody is talking about Flourmill. It looks like it's about to play catch up with Okomu and Presco, based on their palm oil plantation asset. How high can it go? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 8:27pm On May 12, 2022 |
courage89: Poor profit margin and low return on equity. They need to unbundle the business into about 4 different Businesess in order to unlock value. 1. Sugar 2. Flour Mills and pasta 3. Agriculture and agro processing. 4. Fertilizer 4 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 8:30pm On May 12, 2022 |
Mpeace: Rabui is just manipulating his stocks |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 8:31pm On May 12, 2022 |
emmanuelewumi: The was a time FMN was unbundled, it wasn't profitable. |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 8:32pm On May 12, 2022 |
jideflash:Today? |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 8:37pm On May 12, 2022 |
OBAGADAFFI: They only sold Bagco. FMN needs to be unbundled in order to create value for shareholders 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:46pm On May 12, 2022 |
courage89:Okomu is palm oil, Flour mills is vegetable and soya oil. Palm oil is not as universally available as vegetable oil. The scarcity of palm oil is what makes presco and okomu more expensive. Mind you UACN also does vegetable oil. We all know their Grand Oil here in nigeria 2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 8:46pm On May 12, 2022 |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 8:50pm On May 12, 2022 |
sellydion: That used to be my rule until I discovered it is a yeye rule. I borrowed funds to buy MTN and NAHCO. My money is almost doubled in MTN. Have paid off NAHCO. MTN will be payed off by year end. My brother if you see cheap loan collect. That's how the rich get richer. 14 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:07pm On May 12, 2022 |
emmanuelewumi: https://nairametrics.com/2019/03/08/flour-mills-nigeria-to-merge-five-subsidiaries/ 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:21pm On May 12, 2022 |
OBAGADAFFI: They need to unbundle the businesess and list them separately, that will make it easier to analyze the company and unlock value |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:27pm On May 12, 2022 |
emmanuelewumi: But the were separated before, although not listed. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:32pm On May 12, 2022 |
OBAGADAFFI: They are not independent, they are subsidiaries. Their accounts are consolidated with that of the group |
Re: Nigerian Stock Exchange Market Pick Alerts by Slimdove: 9:45pm On May 12, 2022 |
emmanuelewumi:Since I send message to my stockbroker for loan according to Oga Emma they stop responding to my messages.when I put call across for other important things the lady called Ifeoma once she hears my voice,she will be shouting hello! hello!! and end the call.she will never pick my call again even when I call back.this is a stockbrokage firm that have been enjoying my commission for more than a decade.Nigeria stockbrokers and their way.that is why many nigerians don't believe in most Nigeria company ![]() 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:46pm On May 12, 2022 |
emmanuelewumi: Oh, I understand now. They were just subsidiaries. I think NNFM is also a subsidiary of FMN, but listed separately on the exchange. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:46am On May 13, 2022 |
Slimdove: It is not compulsory for Stockbrokers to give loans, some can assist you to get a loan from their banks. FSDH Capital and Meristem Securities will give you loans. Investment One Stockbrokers will direct you to their sister company ie Orange One Finance which will give you a loan for personal needs or stock trading. Instead of complaining about your Stockbroker find out those who offer leverage to their clients. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:48am On May 13, 2022 |
Heishere: Correct, provided you didn't borrow more than what you can handle 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:32am On May 13, 2022 |
Those who bought Lafarge on 20th April 2022 at about N25 would have made a profit of about 24% in less than 3 weeks. Very possible for a pull back by next week. |
Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 4:16am On May 13, 2022 |
https://doclib.ngxgroup.com/Financial_NewsDocs/36018_FBN_HOLDINGS_PLC%20FBNHOLDINGS%20_NOTIFICTION_ON_FILING_OF.pdf |
Re: Nigerian Stock Exchange Market Pick Alerts by erwinschro: 5:56am On May 13, 2022 |
emmanuelewumi: One can only dream ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 6:58am On May 13, 2022 |
emmanuelewumi: While those who bought IBL around same time are on 101+%!!! |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 9:01am On May 13, 2022 |
The best that could happen is not to borrow on margin, if done and a brutal bear market starts your broker would not be smiling. If you can fund repayments through salaries, rents or dividend that is good. Heishere: |
Re: Nigerian Stock Exchange Market Pick Alerts by erwinschro: 9:19am On May 13, 2022 |
Hope you people will release some GSK and Wapco for me today |
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