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Nigerian Stock Exchange Market Pick Alerts - Investment (6342) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 9:54am On Apr 09, 2021
wanaj0:


Irrespective of what people say, NO ONE knows the lowest or the highest that a stock will be. So BUY and SELL at a price you feel comfortable with. It is your MONEY and you owe no one any explanation. Don't feel bad even if you buy at a higher prices PROVIDED you bought a GOOD company that is growing earnings, have good ROE and ROA and relatively good cashflow from operations.

Last year, Zenith was dropping from about N22.00. Some bought at N18.00 and few people laughed at them that Zenith will drop lower! They were right. Zenith did drop lower. It got to 16, 14, 11 and people still laughed at those that bought at those prices. They said they will wait till Zenith get to N5.00 before buying. They are still waiting!

Share prices go up and down everyday. If you are moved by the daily price movements, you will never invest.
Very mature, experienced and honest statement. No one knows the lowest or highest. So dont flog yourself if you but at 33 snd it drops to 31. It could as well rise to 38.
Some bad blokes simply love breaking the hearts of newbies for their selfish end. If you dont invest now, how do you know whether you would struggle to buy at 38, what you regused to buy at 33?

Once you have decided to buy a stock at a point in time, i dont think 29, 31, or 33 makes any difference to your investment goal. Keep calm brothers. Thank you Wanajo, one of our sincere legends!

11 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 10:29am On Apr 09, 2021
Pls is U***N good at 9.70?
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 10:44am On Apr 09, 2021
Good question, well I dont have any insurance policy with them. Even if I do, that cant determine anything, as i will just be one tiny client out of a very large pool.

Now my reason for the recommendation is based on me studying their financial reports over the years. With a growing revenue, PAT and EPS. They are both close in scaling the recapitalisation target of 10billion. If the growth trend is maintained, they should be able to clear their negative retained earnings and will be able to declared dividends once again. Currently selling at 20kobo per share, what is there to lose. Stocks with higher P.E ratio are selling higher.

My 20kobo advise. smiley

DO APPLY DUE DILIGENCE.



wanaj0:


Do you have ANY insurance policy with Universal Insurance or Sovereign Trust Insurance?

What makes them good for accummulation?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:49am On Apr 09, 2021
JAIZ BANK:
Dividend: 0.03kobo
Qualification Date: 10th June , 2021
http://www.nse.com.ng/Financial_NewsDocs/32977_JAIZ_BANK_PLC%20CORPORATE_ACTIONS_ANNOUNCEMENT_CORPORATE.pdf


BUA:
Plan to build Sugar Refinery ongoing......DANGOTE/FMN petitioned FG.... smiley
https://www.nairaland.com/6498471/dangote-flour-mills-petition-fg

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BigBashiru: 11:04am On Apr 09, 2021
Omoadetide:


i just taya, we have smart-thinking people who can offer the solutions to make things easier but the decision makers either wont employ those ones or won't listen to them.

Nah its the culture in nigeria.... even if those people are employed, their colleagues will still frustrate them.... its just the culture....
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 11:11am On Apr 09, 2021
webizone:
Guys, which stockbrokers allow me to trade on margin? Because I am tired of only 1% ~0.5% per day while I pay 1% commission.

Sadly, no stockbroker offer such service any more after the great crash of 2008 which also sent some banks into oblivion.

Your best option is US stock market to enjoy such service
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:01pm On Apr 09, 2021
UNION HOMES REIT:
For those saying Union Homes when? Oya take o. smiley
Final Distribution: N1.86k
Qualification Date: Wed April 14, 2021
http://www.nse.com.ng/Financial_NewsDocs/32981_UNION_HOMES_REAL_ESTATE_INVESTMENT_TRUST_(REIT)%20UH_REI.pdf

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:36pm On Apr 09, 2021
GTB don land o

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 1:02pm On Apr 09, 2021
GTB dividend just landed.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Sannibabo: 1:04pm On Apr 09, 2021
Amazon is a Growth Stock. Investors are cos of the steady Stock Price appreciate.



quote author=Coolcash1 post=100595710]Amazon Projected To Surpass $500 Billion In 2021 Revenue

https://investorsking.com/2021/04/06/amazon-projected-to-surpass-500-billion-in-2021-revenue/


This company continues to attract more investors yet without dividend payment since inception.

Price now N1.589M per share...

[/quote]
Re: Nigerian Stock Exchange Market Pick Alerts by Sannibabo: 1:13pm On Apr 09, 2021
Fintech like Trive does this, i have witnessed it. It tells us it is intentional.





quote author=Omoadetide post=100600676]

Someone once said they do this on purpose to discourage people from claiming their dividends and it sure looks like that.
In many other countries, you don't need to track dividend payment dates or chase registrars to get your dividend. That automatically goes to your stockbroking account from where you bought the stock in the first place and then you choose if to reinvest it or have it paid out to your registered bank account.

That doesn't sound like rocket science, but This is Nigeria![/quote]
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 1:18pm On Apr 09, 2021
OBAGADAFFI:
GTB don land o

I still dey wait for my own
Re: Nigerian Stock Exchange Market Pick Alerts by pizapato(m): 1:20pm On Apr 09, 2021
So sad everything is so complicated in Nigeria. Reason why lots of people are moving to foreign stocks.

Why would shareholders have to state quantity the bought?
keeping records of such should be the job of registrars and stockbrokers.

Too much stress for shareholders

emmasoft:


Stockbrokers mainly is to give you a platform to trade stocks/equities or trade on your behalf. Dividend is between investor and the company you invested in with registrars as middle man to facilitate the record keeping and payment.

The collection of dividend is not part of the regular duties of stockbroking firms as stipulated by law.
However, individual clients can give authority to his/her stockbroker to do the chasing of dividends and that comes with a fee.

To put the issues of dividend behind always fill a transfer form and send to your broker after purchase of a stock and give at least 10 working days before you send mandate to the registrars otherwise your mandates get to the registrar and no specimen signature to compare with.

By the way it's cscs that process your transfer form not the broker it only pass through the broker to cscs.
When filling the transfer form always write the quantity bought at a deal if you bought in trenches.

If you already have a specimen signature always send a mail to the registrar to mandate any new purchase with the current mandate. Some registrars do it automatically especially if it's same CHN others will require a mail before they can mandate new purchases.


Re: Nigerian Stock Exchange Market Pick Alerts by Qstfh: 1:34pm On Apr 09, 2021
I hail o,.my people....

Please who has a contact for Veritas Registrars. Trying to sort out e-dividend mandate.

Thank you.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:03pm On Apr 09, 2021
Willie2015:


I still dey wait for my own

Patient
Re: Nigerian Stock Exchange Market Pick Alerts by Myhelper1: 2:36pm On Apr 09, 2021
Qstfh:
I hail o,.my people....

Please who has a contact for Veritas Registrars. Trying to sort out e-dividend mandate.

Thank you.
Call 01-2784169 or +234-01-2784167-9

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Myhelper1: 2:37pm On Apr 09, 2021
Gtbank dividend just landed.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by zimams: 2:55pm On Apr 09, 2021
Qstfh:
I hail o,.my people....

Please who has a contact for Veritas Registrars. Trying to sort out e-dividend mandate.

Thank you.

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Omoadetide(m): 3:16pm On Apr 09, 2021
pizapato:
So sad everything is so complicated in Nigeria. Reason why lots of people are moving to foreign stocks.

Why would shareholders have to state quantity the bought?
keeping records of such should be the job of registrars and stockbrokers.

Too much stress for shareholders


unnecessary stress when they already have all the information required to create a seamless process.
like someone mentioned here, It is as if there is more to this thing
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:49pm On Apr 09, 2021
webizone:
Guys, which stockbrokers allow me to trade on margin? Because I am tired of only 1% ~0.5% per day while I pay 1% commission.

United Capital, minimum margin of N10 million and maximum of N100 million. Provided you have acceptable stocks in your portfolio, penny stocks won't fly.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:54pm On Apr 09, 2021
Coolcash1:


Sadly, no stockbroker offer such service any more after the great crash of 2008 which also sent some banks into oblivion.

Your best option is US stock market to enjoy such service


They do, FSDH call their asset backed loan. Your shares, fixed income, dollar fund, Treasury Bill etc are used as collateral. You borrow against the assets
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:55pm On Apr 09, 2021
yMcy56:
UNION HOMES REIT:
For those saying Union Homes when? Oya take o. smiley
Final Distribution: N1.86k
Qualification Date: Wed April 14, 2021
http://www.nse.com.ng/Financial_NewsDocs/32981_UNION_HOMES_REAL_ESTATE_INVESTMENT_TRUST_(REIT)%20UH_REI.pdf


Union Homes REIT is different from Union Homes Mortgage Bank. The mortgage bank is dead

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Truth234(m): 5:04pm On Apr 09, 2021
Trove, Bamboo Assure Nigerian Investors Assets Are Safe Following SEC Warning

https://investorsking.com/2021/04/08/trove-bamboo-assure-nigerian-investors-assets-are-safe-following-sec-warning/

Hallmark Insurance, Japaul Gold Lead Gainers as Equities Market Closed in Green

https://investorsking.com/2021/04/08/hallmark-insurance-japaul-gold-lead-gainers-as-equities-market-closed-in-green/

Eat’N’Go Expands To East Africa, Projects 180 Stores By Year End

https://investorsking.com/2021/04/09/eatngo-expands-to-east-africa-projects-180-stores-by-year-end/

UK Court Bans THISDAY Editor and Arise TV Chairman, Obaigbena From Serving As Director Of Any Company For 7 Years

https://investorsking.com/2021/04/09/uk-court-bans-thisday-editor-and-arise-tv-chairman-obaigbena-from-serving-as-director-of-any-company-for-7-years/

Shoprite Exit: LCCI Explains Challenges Hurting Business Operations in Nigeria

https://investorsking.com/2021/04/09/shoprite-exit-lcci-explains-challenges-hurting-business-operations-in-nigeria/

Insider Dealing: Henry Oroh, An Executive Director of Zenith Bank, Acquires N46.982 Million Worth of Zenith Bank Shares

https://investorsking.com/2021/04/09/insider-dealing-henry-oroh-an-executive-director-of-zenith-bank-acquires-n46-982-million-worth-of-zenith-bank-shares/

CBN Freezes Another 194 Accounts of firms, BDCs, Others

https://investorsking.com/2021/04/09/cbn-freezes-another-194-accounts-of-firms-bdcs-others/

MTN Partners Fintechs as Talks With Banks Lingers

https://investorsking.com/2021/04/09/mtn-partners-fintechs-as-talks-with-banks-lingers/

Jaiz Bank Proposes N0.03k as Final Dividend in 2020

https://investorsking.com/2021/04/09/jaiz-bank-proposes-n0-03k-as-final-dividend-in-2020/

NNPC To Resume Oil Exploration In Sokoto Basin

https://investorsking.com/2021/04/09/nnpc-to-resume-oil-exploration-in-sokoto-basin/

Goldman Sachs and JP Morgan Top Financial Advisers by Value and Volume for Q1 2021, Says GlobalData

https://investorsking.com/2021/04/09/goldman-sachs-and-jp-morgan-top-financial-advisers-by-value-and-volume-for-q1-2021-says-globaldata/

Access Bank Lagos City Marathon Adopts Virtual Audience For 10km Runners

https://investorsking.com/2021/04/09/access-bank-lagos-city-marathon-adopts-virtual-audience-for-10km-runners/
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:01am On Apr 10, 2021
TGIF
This is to all my beautiful love in the house; yayira, parisfran, mercylicious, ayztech, spotify, ndidigood, vyolet, TradeInvestGal, Hyness, jeez2.............and more


https://www.youtube.com/watch?v=URISA3m0OfA

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Qstfh: 12:33am On Apr 10, 2021
[quote author=zimams post=100638975][/quote]

Thank you...
Re: Nigerian Stock Exchange Market Pick Alerts by ACAN(m): 6:43am On Apr 10, 2021
Reminder! Reminder!! Reminder!!!

Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

Will hold Saturday 10/04/2021. Time: 12:00noon

*IT IS FREE*

Join Zoom Meeting
https://us02web.zoom.us/j/88121705928?pwd=LzFmaXFITGVGZys2OTFPQ2hnY0t2QT09

Or

Meeting ID: 881 2170 5928
Passcode: 213713

Ambrose Omordion
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:47am On Apr 10, 2021
Good day all, please when is the qualification date for Fidelity Bank and Access Bank dividends?
Re: Nigerian Stock Exchange Market Pick Alerts by Layi9: 7:01am On Apr 10, 2021
How do i even sign up for morgancapital....i use Afrinvest,the fees are killing me,shouldnt morgancapital make signing up easier?....wont that bring more customers?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by abraolas1: 7:43am On Apr 10, 2021
moneymanager:
If I were a bad actor, I won’t talk when people tell others to buy at a high price

GTB has lost 13% from three weeks ago when some people here advised others to buy and I shouted that they shouldn’t.

So now compare the dividend GTB returned vs the loss those who jumped in based on the advice are now in

You can criticize me all you want. I can take it
Truth remains two gurus in this group recommended a buy three weeks ago and I said peeps shouldn’t do it

If that makes me a bad guy so be it
The fact that I left their names out of my mouth says a lot by itself undecided

if truly you are doing that to help some folks have another look at the Share price ... dont be deter by some comment you see here. and yes it's our money but your other views might have help one or two people in forming their decision making about a particular stocks .... I will say keep saying your mind and keep posting it
Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 9:58am On Apr 10, 2021
emmanuelewumi:
Good day all, please when is the qualification date for Fidelity Bank and Access Bank dividends?
FIDELITY BANK: Friday, April 16th.
ACCESS BANK: Thursday, April 15th.
Re: Nigerian Stock Exchange Market Pick Alerts by ChybuzzDD(m): 10:25am On Apr 10, 2021
Everything here is about dividends, how much will be paid, when and how it'll be paid.
That's where the clueless SEC being led by Yuguda, a square peg in a round hole, wants all of us to come put our money in.

A market where only banks make profits in every quarter, and share prices depend heavily on amount of dividends dished out to investors already reduced to "beggars of dividends".

Innovations that impact positively on and drive companies' share prices are unheard of.

Tufiakwa!

Yuguda, what i have in your moribund NSE is the spare of my spare of my spare of my spare of my spare of my spare of my spare .............money. And so shall it remain.

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:31am On Apr 10, 2021
seyisanya:
FIDELITY BANK: Friday, April 16th.
ACCESS BANK: Thursday, April 15th.


Thank you

1 Like

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