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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:50am On Oct 10 |
Mpeace: Likely on suspension for the anticipated share reconstruction. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 3:34pm On Apr 22, 2022 |
Wapco need to grow up in price, the valuation for Buacement is double that of Wapco. Only that Buacement is more efficient than Wapco, however, Buacement is having too much Receivables. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:30am On Apr 22, 2022 |
lexy2lexy: |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:39pm On Apr 21, 2022 |
DeRuggedProf: I am finding it difficult to calculate how Wapco move from a profit of over N17b to a negative operating cashflow. I will appreciate any help, my figures are not adding up. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:55am On Mar 09, 2022 |
sonofElElyon: The current price now of N114.95 have priced in the bonus share, that is starting from yesterday close of N104.50. However, we do not what dividend the board will recommend. Also note that, today price is a reflection of future earnings. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:34am On Mar 09, 2022 |
samguru: Presco to issue a bonus share of one new share for every ten share. This is according to their Authorised Share Capital of N550,000,000.00. They have issued N500,000,000.00, remaining N50,000,000.00 (Unissued). Which translate to a bonus share of 100,000,000 units. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 1:56pm On Jan 30, 2022 |
Hello Guys, How did Guinness turn the table around? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 1:06pm On Jun 23, 2021 |
If a company Returns on Invested Capital (ROIC) is not greater than the company Weighted Average Cost of Capital (WACC), such a company is a value destroyer. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 12:23pm On May 28, 2021 |
locodemy: I am not expecting much in June. Unless for defensive stocks, I expect to see some pullback in June. Just my opinion, not a recommendation. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 12:16pm On May 28, 2021 |
yMcy56: For me, I do not like confusion, I have sold the small unit I have with small profit. We move.... 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:48am On Mar 19, 2021 |
Most stock still trading under the 20 days and 50 days moving average. I just feel it is not the right time to start accumulating, remember 2018. This opinion may not apply to a few stock. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:34am On Mar 15, 2021 |
Too much risk in Nigeria, insecurity, killings every day, kidnapping everywhere, govt. policy reversals etc. It will only take the brave to invest in Nigeria. I invest in Nigeria stock if there is a very good bargain that can compensate for the risk. Sorry to say, insecurity is the outlook of Nigeria for now unless things change. PharmAlfred: 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:36am On Jan 27, 2021 |
4tunebest: In my opinion, I will say let wait and see their report, then we can analyse the effect of Covid-19 on their business. We will then relate the outlook of Covid-19 to NAHCO future (short to mid term) business. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 7:10pm On Aug 25, 2020 |
Lets not forget dividend of N16,107,798,000.00 for FY19 is yet to leave Wapco books and the over N45 billion short term loan as at June 2020 ending. I think the above will limit Wapco ability to pay good dividend for FY20. Beside the above, I think Wapco is set to go far. currentprice: |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 1:58pm On Aug 05, 2020 |
The market is already pricing in Zenith bank proposed dividend. In my opinion, we may not see much price appreciation after they drop the half year report. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:42pm On Jun 24, 2020 |
DexterousOne: You only jijo in a stock moving down with determination. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:26pm On Jun 24, 2020 |
DexterousOne: I can't wait, I benefited from most recent price rebound, I bought @ N17 and sold @ N20. I am patiently waiting for another opportunity. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:35pm On Jun 24, 2020 |
Guiness is looking for opportunity to a minor rebound in price before continuing the much desired down trend. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:43am On Jun 24, 2020 |
rebekah2011: http://www.nse.com.ng/Financial_NewsDocs/29891_U_A_C_N__OF_NIGERIA_PLC._FINANCIAL_STATEMENTS_MAY_2020.pdf |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:03am On Jun 24, 2020 |
I may be wrong, but I can not ignore this amount of cash that UACN is sitting on. N6.75 cash per share, Q1 2020 report for a N7 per share stock. Another Dangote Flour in the making. 2 Likes 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:36am On Jun 20, 2020 |
megawealth01: Do not allow any company turn you into an ATM mechine, always collecting money from you, and giving you nothing in return. My opinion. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:55pm On Apr 16, 2020 |
3 Likes 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 7:45pm On Apr 16, 2020 |
Technical analysis suggests a likely pullback in Caverton if FY 2019 result is delay further. RSI is neutral while MACD is surging higher. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 7:32pm On Apr 16, 2020 |
Let's watch Zenith bank space, the engulfing candle today was too massive, happening at the upper limit of Bollinger Bands with above average volume. I noticed the likely reversal two days ago, I suspect a pullback. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:59pm On Mar 24, 2020 |
NSE ASI and NSE Banking is yet to show any price rejection at present bottom. Just watching to see any significant price rejection/other price reversal candle to confirm the divergence. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:27pm On Mar 23, 2020 |
locodemy: RSI and MACD (NSEASI) is showing positive divergence on a daily timeframe. I will prefer a divergence on a weekly timeframe, becos it is more reliable. 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 9:28pm On Mar 16, 2020 |
currentprice: Everything is going south, one direction, stocks & commodities. Even Gold is following them, everyone want to hold cash. It only shows the amount of panic and fear out there. We go dey alright las las. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:43pm On Mar 12, 2020 |
I fear non-performing loan in banks book this year will increase. The above fear may limit banks in meeting their profit target for 2020. In my opinion, discounting year 2019 profit for the banks when projecting 2020 profit will be more realistic. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 8:57pm On Mar 10, 2020 |
Uchetoba: Do they have the Cashflow (Free) to support N5 dividend? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:21pm On Mar 09, 2020 |
Holding cash now is not the best hedging strategy against devaluation. Hold assets that are likely to go up in value if there is devaluation. Example of such asset is stock. Imagine if you liquidate your position in stock today and the next day before market open, there is an annoucement that naira have been devalued. What become the fate of the cash you are holding? Holding cash is good but not when currency devaluation is looming. 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 10:51am On Nov 30, 2019 |
UACN is at a resistence level, wait for a breakout, i.e, a close above 8.50. Due diligence apply. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:16am On Apr 04, 2019 |
PETERiCHY: Lol. |
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