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Re: Nigerian Stock Exchange Market Pick Alerts by Miyachi: 10:55am On Oct 29 |
megawealth01:I doubt that. |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 10:59am On Oct 29 |
Transcorp transcorp |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:07am On Oct 29 |
Miyachi: Your opinion. No one is asked to buy it anyways |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:07am On Oct 29 |
ojeysky: |
Re: Nigerian Stock Exchange Market Pick Alerts by Me4bas: 11:09am On Oct 29 |
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:13am On Oct 29 |
Pull back in Aradel. Loading opportunity 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 11:13am On Oct 29 |
ojeysky:Analogue brokers clients may be selling down thinking they are booking profits from the unchanged quantity with post reconstruction price. Wahala! 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 11:16am On Oct 29 |
Locotrader: They may follow bandwagon effects and move, not that I see anything in all the listed stocks. But, everyone remains the CEO of his portfolio. Always do your DD. Thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by Miyachi: 11:18am On Oct 29 |
megawealth01:Not my opinion, there's no fundamental to back that up. Don't mislead people. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by mails4funshi(m): 11:22am On Oct 29 |
My Transcorp shares with 3 brokers was consolidated and dumped with the 1st broker I bought through (Post reconstruction). Booking profit from unchanged quantity might just be impossible post reconstruction.(Note the 3 accounts have same CHN) Disclaimer: My experience. OakPearl: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 11:22am On Oct 29 |
Locotrader:I always love your boldness, sacrifice and openness. God would be blessing you for that. The positive spirit of man is the spirit of God 👍 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by starpower(m): 11:33am On Oct 29 |
They dont export that much but currently pko is trading at high price recently. And lastly Nigeria palm oil demand is currently higher than local production for industries, it a no brainer that the stocks of presco and okomu will always beat inflation due to there pricing power. Our tropical weather gives them the best yield too. I like okomu more. I buy dollar with my dividend and buy more from speculator when they dump it Streetinvestor2: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:45am On Oct 29 |
Yes, I checked the financials well. I think in 2022 they export some quantities to Germany but other than that it’s all domestic sales. The Ghana plant is meant to help them with exporting power, about $5m worth CPO (crude palm oil) is a global commodity priced in USD but they sell in naira so when the prices increase globally it benefits them. It’s currently trading at highest in two years, don’t think the price shift was captured in Q3 will likely reflect in Q4 and FY starpower: 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 11:46am On Oct 29 |
mails4funshi:Keep it simple: If someone who has 1 million Transcorp sees N48 million as it still reflects in most digital portfolios decided to sell 200,000 out of his reconstructed 250,000 (though he is not aware his total is now 250,000 post reconstruction) the transaction will not sail through? If you understand that it will, that’s what I’m saying. In his mind he thinks he still has 800,000 left out of his pre-reconstruction 1 million, not knowing the reality is that his 1 million shares is now 250,000 shares post reconstruction. To him, he has booked huge profit selling 200,000 at N48, being ignorant that what he will be having left is just 50,000 Transcorp shares and not 800,000 shares. You get my point now? 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:49am On Oct 29 |
OakPearl: Lol. They should continue please. Pa Emma said it was a single digit stock. I am waiting at the single digit equivalent post reconstruction 😂 |
Re: Nigerian Stock Exchange Market Pick Alerts by mails4funshi(m): 11:49am On Oct 29 |
Very clear and well taken. OakPearl: |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 11:50am On Oct 29 |
OakPearl: That could actually be the case because that thing has done 1bn already, people are packing it seriously. Meristem just sent a message about the reconstruction as well, maybe it's to alert their customer that may be selling thinking they've made money 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Xidget: 11:54am On Oct 29 |
OakPearl:A lot of people are in this situation right now. I know 3 people who are confused already. They sold first batch, and when trying to sell further, they got insufficient error. These people are the ones dragging price down. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 12:05pm On Oct 29 |
Is Meyer Plc under suspension? My sell order keeps failing |
Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 12:06pm On Oct 29 |
Streetinvestor2:I always try to avoid and not read your comments, but anytime I read it by mistake, I see that it has always been the same you, and your character has never changed; you derived joy in rubbishing people. This platform never belongs to your likes and I will not open my eyes and see you pursuing people away from here with your unsolicited and abusive comments. Who told you it is only fundamentals that moves the prices of stocks? What fundamentals does FTN cocoa, Ellah Lakes, chams, Daar communications, Omatek, Japaul, Tantalizer etc has, and yet they moved from virtually zero price (20k) to where they are now. For example, FTN Cocoa moved from 20k to around 380k within one year (over 1500% increase) and as we speak, it has not gone back to the initial 20k. Same with others. Those that key into those stocks when loco initially announced it also made huge gains, it is only those chasing when the price have gone higher before entering that lost. Everybody here has its own style of picking stocks and gaining from it. Change your ways and stop abusing people based on their perception of the market. I repeat, this platform is Nigeria Stock Exchange Market Picks Alert and NOT restricted to only stocks on the NGX with fundamentals. 11 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 12:07pm On Oct 29 |
Nigerians always looking for short cuts to solve serious issues. This is an equivalent of what our own inhouse data analyst was suggesting the other day, to cancel 2 zeros at the end of the exchange rate to create the semblance of parity. The truth is that Nigeria has to use this God given opportunity to consider exporting their products and services to benefit from this exchange rate, the proceeds when poured into the stock market will be able to buy a lot more quantity of shares. chimex38: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 12:08pm On Oct 29 |
Xidget: In my case after a moved my transcorp(which I bought @less than 1naira some years back) to Meristem I bought more and then average was around 11 naira. Post reconstruction my average price dropped to 8naira and now am seeing over 400% increase. Anyone that sees that and did not look at money value will definitely attempt selling. It's people like @megawealth01 that will have 1000% actual paper increase and still dey hold |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:09pm On Oct 29 |
ndept: If I will advise you just ignore his likes as I have always done 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:13pm On Oct 29 |
ojeysky: INVESTMENT is better when you have a well spelt TARGET... I'm in financial markets with well spelt TARGET whether NSE or any other markets... You actually make more if you focus on picking quality stocks when they were/are being battered... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:19pm On Oct 29 |
ndept:You have failed to realise you don't exist to me.The sooner it gets into your head the better for your envy to stop.I don't even notice you made a post beside this one because you quoted me.Try and move on 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by atigro(m): 12:20pm On Oct 29 |
vawulence Streetinvestor2: |
Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 12:21pm On Oct 29 |
When is Oando resuming? They are cooking food for the so called faithfuls. I won't talk about the NGX until I see the need to air my views. Mugu fall guyman chop am Be wise |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:24pm On Oct 29 |
Sunrisepebble: Hopefully it will get to my bargain junction |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:25pm On Oct 29 |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:32pm On Oct 29 |
godlyguy: Haba, quite interesting to see that you are the one prompting further discussions on Oando?. You had said that you would not recognize Oando until they come clean. Have they come clean now? Mentioning the name means you now recognize Oando, after all. Nobody here is ''faithful'', strictly speaking, to Oando. We are only ''faithful'' to whatever stocks that has potential or prospects to give us good profits or increase the value of our investments within relevant or foreseeable timeframe. After we make the money we desire or target in Oando, we port to another stocks with better prospects or potentials. Don't get it twisted! 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:33pm On Oct 29 |
[quote Mugu fall guyman chop am Be wise[/quote] Yes oh. like oneguy man here that is audio. He claims every thing and has every thing. This is the only shop he has both home and abroad. If I bring out his old post you go know he sabi lie and his only specialty is MH.Then again we have made that businesses not to be selling like in the past..lol.Thr hating will never stop us because we have integrity 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:34pm On Oct 29 |
ojesymsym: Please, if you want to reference me, don't misquote me - I never said to remove 2 zeros. Go back and check what I actually said. I've read this publication, and I can tell you that the author doesn't fully understand the concept of exchange rates; their ideas are muddled. Now, back to my point since you referenced me: recalibrating the naira will not change the economy or make imported cars cheaper, as the author of the publication claimed. Here's what it will actually do: *It will recalibrate the actual value of money in our minds (after all, there was a time when people were earning ₦30, and a Peugeot was worth about ₦1,000) *It will give people holding naira more confidence (consider that an iPhone is worth more than a million - try carrying that million in cash and you'll understand) *As things stand now, the paper and printing cost for each naira bill is worth much more than the monetary value it represents, etc. But what's most disappointing is being referenced incorrectly - not cool Bro. |
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