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Nigerian Stock Exchange Market Pick Alerts - Investment (6682) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 12:16pm On Apr 30, 2022
Mpeace:
https://doclib.ngxgroup.com/Financial_NewsDocs/35945_DAAR_COMMUNICATIONS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEME.pdf
Daar communications is back to profit. Eps rise from -181kobo to 24kobo.
Which kind trap temptation be this

I beg gurus in the house should we jijo or buy and hold
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 1:03pm On Apr 30, 2022
Final Dividend: 0.03k
Bonus Script: 6:5 (6 new for every existing 5 held)
Qualification Date: June 30, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35898_MCNICHOLS_CONSOLIDATED_PLC%20CORPORATE_ACTION_ANNOUNCEME.pdf
.

Also gurus please advise on mcnichols
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:29pm On Apr 30, 2022
sonofElElyon:
Final Dividend: 0.03k
Bonus Script: 6:5 (6 new for every existing 5 held)
Qualification Date: June 30, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35898_MCNICHOLS_CONSOLIDATED_PLC%20CORPORATE_ACTION_ANNOUNCEME.pdf
.

Also gurus please advise on mcnichols


Waiting for gurus advise won't take you far financially.

Gurus won't tell you when they are buying, they will only tell after they have bought.

Gurus won't tell you when they have sold, you might only get to know few weeks after they have sold.

To do well in this business, invest in your financial education, invest in what you know and understand, learn how to value a business and invest in good businesses for the long term

11 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:40pm On Apr 30, 2022
MORE Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/35948_CHAMS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_FI.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35950_CONSOLIDATED_HALLMARK_INSURANCE_PLC%20_QUARTER_1_%20_FINAN.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35949_CONOIL_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35947_TOURIST_COMPANY_OF_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35945_DAAR_COMMUNICATIONS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEME.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35841_RONCHESS_GLOBAL_RESOURCES_PLC%20_QUARTER_1_%20_FINANCIAL_S.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35843_MTN_NIGERIA_COMMUNICATIONS_PLC%20_QUARTER_1_%20_FINANCIAL_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35845_JAIZ_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_202.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35849_SUNU_ASSURANCES_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35853_CORNERSTONE_INSURANCE_PLC%20_QUARTER_1_%20_FINANCIAL_STATE.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35851_BETA_GLASS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35864_DANGOTE_SUGAR_REFINERY_PLC%20_QUARTER_1_%20_FINANCIAL_STAT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35863_NESTLE_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35867_UAC__OF_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by goldendessy(m): 1:43pm On Apr 30, 2022
Please between morgan capital and stanbic stock brockers, which is best to trade with
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:45pm On Apr 30, 2022
Bature1:
.
Maybe it was the mail prepared ahead for 2020 FYE. Lol.
Anyone expecting 2019 FYE to be good before is on a long thing.
OANDO na sure JIJO stock in NSE for now. cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 2:35pm On Apr 30, 2022
sonofElElyon:


I beg gurus in the house should we jijo or buy and hold
Those of us that bought the IPO will gladly sell to jijoist next week Wednesday, use the proceed to eat good meal at Niger-delta restaurant and do charity work with what is left.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 6:31pm On Apr 30, 2022
9free:

Those of us that bought the IPO will gladly sell to jijoist next week Wednesday, use the proceed to eat good meal at Niger-delta restaurant and do charity work with what is left.
Lol.
Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 6:35pm On Apr 30, 2022
sonofElElyon:


I beg gurus in the house should we jijo or buy and hold
Avoid the stock except you are willing to lose your money.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 8:07pm On Apr 30, 2022
Wapgod:

Avoid the stock except you are willing to lose your money.

Yes
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 8:12pm On Apr 30, 2022
Wapgod:

Avoid the stock except you are willing to lose your money.

What about mcnichols ?

6 to 5 bonus.. and improved Q1 results..
Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 9:24pm On Apr 30, 2022
sonofElElyon:


What about mcnichols ?

6 to 5 bonus.. and improved Q1 results..
I feel you can buy it if you want the dividends and bonus shares but don't hold the stock for the long term(Take profit as soon you can).
It's a short-term buy.

I read the 2021 financial result and q1 result for you.
Wishing you high roi in your investments.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 10:11pm On Apr 30, 2022
Wapgod:

I feel you can buy it if you want the dividends and bonus shares but don't hold the stock for the long term(Take profit as soon you can).
It's a short-term buy.

Thanks for your insight
Re: Nigerian Stock Exchange Market Pick Alerts by lexy2lexy: 10:43pm On Apr 30, 2022
Does anyone know if Presco PLC has released 2021 audited statements or 1Q2022 results?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 10:46pm On Apr 30, 2022
lexy2lexy:
Does anyone know if Presco PLC has released 2021 audited statements or 1Q2022 results?

This is what presco plc has released for now.
Re: Nigerian Stock Exchange Market Pick Alerts by lexy2lexy: 11:16pm On Apr 30, 2022
What?

Wapgod:


This is what presco plc has released for now.
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 7:53am On May 01, 2022
Bature1:
.

With all due respect to the publishers of this Oando's earnings warning, I no understand this English wey dem people dey use communicate o! I thought the major effect of Covid-19 was in 2020. How will this now affect results for the period ending 31 December 2019?

Abi eye dey either pain the person wey type that information or the people wey dey read am differently?

What a wondered statement!

shocked

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by lasisi(m): 10:54am On May 01, 2022
@Gurus in the house, kindly help out with the following 3 questions:

1. Does the dividend paid by MTN recently include the promised bonus units dividend?

2. Does it matter if the bank account number quoted for receipt of e-dividend in public offer differs from that of secondary market purchase.

3. If you purchase shares of the same company from different stockbrokers in the secondary market with same CHN and you already filled share transfer form and e-dividend mandate with the first stockbroker, do you need to still fill share transfer form and e-dividend mandate with the others?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:34pm On May 01, 2022
ololufemi:


With all due respect to the publishers of this Oando's earnings warning, I no understand this English wey dem people dey use communicate o! I thought the major effect of Covid-19 was in 2020. How will this now affect results for the period ending 31 December 2019?

Abi eye dey either pain the person wey type that information or the people wey dey read am differently?

What a wondered statement!

shocked

COVID outbreak was first discovered in China in 2019 before it took global dimension in 2020. This means when Covid was reported in China 2019, it affected the operation of only OANDO sparing other companies.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Ojoboak(m): 1:37pm On May 01, 2022
petaling:


COVID outbreak was first discovered in China in 2019 before it took global dimension in 2020. This means when Covid was reported in China 2019, it affected the operation of only OANDO in Nigeria.
Reason it was named Covid-19
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:39pm On May 01, 2022
Ojoboak:

Reason it was named Covid-19

Sure
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:39pm On May 01, 2022
Wapgod:
.I feel you can buy it if you want the dividends and bonus shares but don't hold the stock for the long term(Take profit as soon you can).
It's a short-term buy.
Honestly, this MCNICHOLS is one stock I've sighted a long time ago (just like MEYER when GTL was buying huge stake in it).... but the illiquidity and apathy towards it won't allow me mention it........even if I mention it, it will be MH to NSEMPAs, especially if it stayed in one spot for many months/yrs. smiley
It's a stock with a good future prospect.....but which has been neglected so much......
I must confess that I stopped following it when all it does was ranging in the market.......so I don't know what the financials are currently saying... grin
Not trying to prove anything or say anything o. Not any form of advice either.........at owner's risk ni. smiley

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:47pm On May 01, 2022
petaling:
COVID outbreak was first discovered in China in 2019 before it took global dimension in 2020. This means when Covid was reported in China 2019, it affected the operation of only OANDO sparing other companies.
Chai!! OANDO don suffer for una hands. grin grin

Instead of giving excuses, they should have just told us not to expect fantastic result but that it'll be getting better as oil price is going up globally now.
No serious investor is expecting any better one before......na jijoists just dey have nice time there. grin

One thing is, we should not be surprised if they keep pushing it, this market can be funny sometimes... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:04pm On May 01, 2022
lexy2lexy:
Does anyone know if Presco PLC has released 2021 audited statements or 1Q2022 results?
Not yet

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:07pm On May 01, 2022
goldendessy:
Please between morgan capital and stanbic stock brockers, which is best to trade with
Both......
Depending on some personal factors though....
Factors such as: Your pocket size, investment goals or objectives, etc. Na Wetin I fit remember now be that.
Stanbic is a big man's broker while Morgan accommodates small, medium and large investor categories. tongue
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:31pm On May 01, 2022
yMcy56:

Both......
Depending on some personal factors though....
Factors such as: Your pocket size, investment goals or objectives, etc. Na Wetin I fit remember now be that.
Stanbic is a big man's broker while Morgan accommodates small, medium and large investor categories. tongue


Stanbic IBTC Stockbroker is now everybody's Stockbroker. You can open a Stockbroking account with them with zero Naira.


Commissions is 0.7% for transactions done via their app or self service and 1% for transactions done via emails.

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by goldendessy(m): 2:32pm On May 01, 2022
yMcy56:

Both......
Depending on some personal factors though....
Factors such as: Your pocket size, investment goals or objectives, etc. Na Wetin I fit remember now be that.
Stanbic is a big man's broker while Morgan accommodates small, medium and large investor categories. tongue
Alright, thanks
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 4:48pm On May 01, 2022
West Africa's first professor of Capital Markets & former commissioner for finance, Imo State, Prof Uche Uwaleke (Nasarawa state University), is our guest this week on the podcast...

We chat about how the market landscape has changed over the years, why fixed income has performed better than equities in the past decade and how the market can be more inclusive for youths/ retail investors...

Thanks for listening...

https://anchor.fm/value-nigeria/episodes/60--An-overview-of-the-Nigeria-Capital-Market-A-chat-with-Prof--Uche-Uwaleke-e1hsi34

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 6:01pm On May 01, 2022
Mpeace:
https://doclib.ngxgroup.com/Financial_NewsDocs/35945_DAAR_COMMUNICATIONS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEME.pdf
Daar communications is back to profit. Eps rise from -181kobo to 24kobo.
Which kind trap temptation be this

Noted that daar isn't being recommended here . But any chance the big spending on political and electoral adverts that come with election year (2023 fast approaching) could really bring in mega bucks for daar ??
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:31pm On May 01, 2022
How to invest according to Elon Musk.


He forgot to include, buying the good business at a good price or below its intrinsic value.


Not sure if Tesla at about $1000 in 2021 was a good price, he sold his Kaya at that range

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 7:42pm On May 01, 2022
emmanuelewumi:



Stanbic IBTC Stockbroker is now everybody's Stockbroker. You can open a Stockbroking account with them with zero Naira.


Commissions is 0.7% for transactions done via their app or self service and 1% for transactions done via emails.
And GTI Securities get mind collect very high trading charges.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:57pm On May 01, 2022
9free:

And GTI Securities get mind collect very high trading charges.


Not high. The recommended commission is about 1.3%.

When you add SEC, NGX fees, VAT etc it will be a little over 2%

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