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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11490748 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 6:05pm On Jul 31 |
SonofElElyonRet: I considered all o but ultimately Na my decision. ![]() 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 6:22pm On Jul 31 |
ndept: Can you look at that report carefully again? i think it is a loss. go through it slowly pls if operating profit is 2.8B, how then do u think the profit after tax will now be 3.7B as stated. when u look closely, there is a minus sign there. i don't know why the inconsistency with minus sign and open and closed brackets. is there something they are hiding? 2 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 6:25pm On Jul 31 |
MTNN is one of the cankerworms, akin to the biblical molt eating worms, a caterpillar worm π πͺ± π that sucks Nigeria's Forex dry. The rooted problem has existed since its inception, as the then-government failed to enact sufficient legislation to checkmate these Forex-sucking company. MTNN is indeed unavoidable and undesirable. It single-handedly brought Nigeria to its knees by siphoning $14 billion out of the economy. Following the paltry regulatory fine of $1.5 billion, which they paid without admitting guilt, I always knew they would get back at the government. I wonder why the Nigerian government didn't seize the opportunity to nationalise MTNN. The story of the MTNN scandal, perpetrated with Nigerian collaborators, made me realise that some Nigerians hate Nigeria with passion. The same was true for the P&ID scandal. MTNN role in Nigeria's current inflation cannot be understated. MTNN is full of global financial scandal. lionshare: 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 6:34pm On Jul 31 |
MTNN has no justification for declaring any form of loss. They generated more revenue than some banks in Nigeria. This was a deliberate move by this Nigeria-based company, notorious for draining the country's Forex reserves. Heishere: |
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 7:04pm On Jul 31 |
https://nairametrics.com/2024/07/31/only-10-of-our-2023-fx-gains-are-realized-fcmb-group-ceo/ Banks crafting ways to escape the 70% tax windfall ![]() ![]() 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:07pm On Jul 31 |
Mankind2024: GOD bless you jare... E get some companies that when I see them declare losses I rush buy them at prices I consider bargain... I loaded MTN more when it got low sometimes this year 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 7:32pm On Jul 31 |
Has anyone here received alert from Linkage Assurance? What about Smart Product? |
Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 9:03pm On Jul 31 |
4willer: They always post good results especially when they want us to buy their shares. |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:09pm On Jul 31 |
faoogoke: I don't know why I no get WEMA |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:11pm On Jul 31 |
Mankind2024:I have said it severally that nothing good comes from south Africa to Nigeria. Mtn is a criminal organisation feeding fat on Nigeria economy. They are intentionally declaring loss with collaboration of criminal elements in nigeria. If thr is any country that envies niaja is that useless country. Why nigeria government allows them get away is what I can't explain. The outdated equipments they brought to naija is what they claim to be maintaining with our forex.They are not happy to be forced to list in nigeria. The next useless company is multi choice. All SA companies exploit nigeria people and move back the gain to thr country. And now claim African developed nation 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by sky2891: 9:44pm On Jul 31 |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:15pm On Jul 31 |
Re: Nigerian Stock Exchange Market Pick Alerts by onuku: 10:26pm On Jul 31 |
Anyone got dividend from The Initiates PLC (TIP) yet? |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 10:33pm On Jul 31 |
onuku:Yes.. Week's back |
Re: Nigerian Stock Exchange Market Pick Alerts by Dum20: 11:18pm On Jul 31 |
Mankind2024: Chai, What did i just read? Do you know that MTN is one of the companies keeping Nigeria alive? You avoid the politicians to come and blame MTN for the economic woes nigeria is facing? All the inputs to production of MTN are imported, from technology used to run their network, to power generating sets used to power their sites. The cost of diesel doubled under 12 months, the dollar that they use to import their equipment doubled. It is a suprise that they did not go under. They should nationalise MTN, men that statement makes me to shake my head. We already have a nigerian telco company, can you compare its perfomance to that of MTN. Be careful what you wish for 14 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Dum20: 11:33pm On Jul 31 |
Streetinvestor2: The way you guys attack entrepreneurs needs to be studied. Is MTN the only company that declared losses? Are you in nigeria? Have they increased the prices of their products despite what is happening in nigeria? 13 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ade205(m): 12:25am On Aug 01 |
Greetings everyone,pls am amateur in NGX stock trading and i need ur advice.I bought Ucap @#40 with intention of selling @#45 before the QD unfortunately am at 23% loss, am thinking of selling at that loss and use the money to enter Oando at cp.If i sell now,will i still get the bonus? since the QD has passed. |
Re: Nigerian Stock Exchange Market Pick Alerts by sboga: 12:44am On Aug 01 |
ade205: wen d real g's wey telli pesin wetin suppose buy na d cabal of dis grp dey abuse am say d pesin no fit type beta english omo see wetin u cause... don telli pesin pik up ucap wen u suppose to buy d dodo for singles |
Re: Nigerian Stock Exchange Market Pick Alerts by haybhi1(m): 12:58am On Aug 01 |
Guys, I have this update I've been doing since March. If you're willing to stake 100usdt to make 175usdt after 25 days, as long as you follow each signalβlike 75% of your capital is sure sha. You could try 100usdt for a start. It's basically using a particular exchanger, you deposit, stake each unfailing signal each day for 25 days vigorously, watch your input grow or withdraw. If Sango is here, I'll swear with it. I swear with all my life, I'm not lying. Nothing beats this. It's not a scam, shambles or any such thing. I'm willing to provide anything at all that's evidence... I swear it's what sustains I and my friends. In fact I withdrew 100usdt yesterday, see screenshots, although they debit 6usdt as charges. Even elderly people are on it. 1st screenshot: I added 100usdt to my wallet in March, then another 100usdt later. 2nd screenshot: total of my usdt withdrawal; 263, 103, and 104. These are all on my first account. 3rd screenshot: I added 101.5 to my wallet last month. 4th screenshot: I withdrew 100usdt ereyesterday. These are on my second account. Guys, it's easy and factual enough. Register here https://cbex.cx/register?inviteId=4U6REU You're not giving me any money at all but it's just impossible you do this and not pray for me after you withdraw
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Re: Nigerian Stock Exchange Market Pick Alerts by haybhi1(m): 1:02am On Aug 01 |
haybhi1:In case you have questions, I'm on: zero nine one three eight four zero zero eight two zero If I don't pick, just whatsapp me as I may be in class when you calll in daytime. Once again, I swear by my life, I have been on this since March and have been running it till today. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 2:03am On Aug 01 |
haybhi1:if you like you can swear up and down!!! but e no concern us ... This is not a crypto group, so look elsewhere 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 2:09am On Aug 01 |
ade205:Buying ucap @40 to sell higher was a wrong move by you! You are qualified for the bonus and 0.90k dividend. Don't sell at Loss ooooo... In Nigeria, don't buy a stock and go and sleep... monitor it to save your capital... if there's funds, average down in buying more at cheap price . Ucap situation might happen to you in Oando oooo.... Stay one place jare 9 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by haybhi1(m): 2:39am On Aug 01 |
Mfunkynation:I understand it's not crypto group. Just felt someone might be looking to add up extra incomes. If I come across a guaranteed side hustle, I'll like to hop on it though. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 4:21am On Aug 01 |
The Nigerian government has a responsibility to protect the country's 230 million citizens from exploitation by MTNN, which has a history of prioritising profits over people. Despite generating humongous revenue, MTNN continues to declare losses, raising suspicions about their business practices. Your assertion that criticising MTNN is unpatriotic is misguided. In fact, holding corporations accountable for their actions is a hallmark of patriotism. I have previously stated that MTNN is an unavoidable yet undesirable company, and I have firsthand experience using their network for both personal and business purposes. However, there may be more to the story than meets the eye, and it's possible that the government has evidence of wrongdoing that led to the $1.5 billion administrative fine. After all, a corporate entity would not agree to pay such a hefty penalty without the government proving its case beyond a reasonable doubt, as required by the law of evidence 'Probatio' NB: It is my fundamental right to criticise MTNN, firstly as a subscriber to their network, secondly as an investor with 13,000 ordinary shares, and lastly as a citizen. Dum20: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 4:41am On Aug 01 |
My humble advice: avoid selling UCAP at a loss, as you may be falling victim to the phenomenon known as the allure of dividends. UCAP is a profitable company and a growth stock. I suggest averaging down whenever the opportunity arises. Use the averaging formula: (Total cost price - Total current value) Γ· Current market price = Number of units to buy to keep your holdings in the green. Remember one of the fundamental rules of equity investing: "Never sell at a loss" Nothing has changed in the underlying fundamentals; only the current market price is succumbing to the law of gravity. ade205: 9 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 4:42am On Aug 01 |
Dum20: The bolded is a ridiculous statement... MTN is not doing us any favour.. they are making tonnes of money here. If the business environment is so harsh and uncondusive, what are they still doing here ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by cocolacec(m): 6:03am On Aug 01 |
ade205: Never sell at a loss.Average down and wait for the opportunity to sell when the price appreciates.You might need to hold UCAP long term until another opportunity present itself I had the same experience with JaiZ bank for 2 months,i finally sold it with 8% profit yesterday. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:41am On Aug 01 |
ade205:* Let me say, we all do fall victim of this type of moves at one time or the other... * Even the bosses sometimes do buy high when they sights value in a stock but which may fall further from their entry prices, the difference there is that they buy because they've seen hidden value in such stock. You have not committed any crime but market forces acted otherwise in UCAP. * Don't sell at loss! Find some funds to average it down because it will be marked down today and it will open around N10.30, it will require lesser fund to buy more volumes to average it down. Buy more, the cost price will fall drastically, then you can sell with little or no loss to enter another stock of your choice (that is, if you don't want to keep it for long term). * The bonus and Dividend will then be your compensation and profit when paid and bonus added to your CSCS. * Once you see people posting here that they've seen UCAP bonus, all you do is to contact your broker too to add it to your trading portfolio. 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by ade205(m): 6:55am On Aug 01 |
π€π€ sboga: |
Re: Nigerian Stock Exchange Market Pick Alerts by ade205(m): 6:57am On Aug 01 |
Thanks for ur thought Mfunkynation: |
Re: Nigerian Stock Exchange Market Pick Alerts by ade205(m): 6:58am On Aug 01 |
Thank u Mankind2024: |
Re: Nigerian Stock Exchange Market Pick Alerts by ade205(m): 7:01am On Aug 01 |
OK..thank u yMcy56: |
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