Wishing everyone a Bless week ahead.

Good morning

Here's a rundown of what took place on the Nigerian stock market last week.

https://twitter.com/quansimodo/status/1604580689344696321?t=IExFqfJ5xrQkr3inmuJ_Tg&s=19

Good morning and happy new week to all the able traders/investors. Great week ahead.

Pennystockwarri:
Good morning

Here's a rundown of what took place on the Nigerian stock market last week.

https://twitter.com/quansimodo/status/1604580689344696321?t=IExFqfJ5xrQkr3inmuJ_Tg&s=19

I know who you are!!!
Lol...

Good afternoon good people, wishing you all seasons' greetings. What is the projections for Scoa and RT Briscoe stocks? I will do my due research but only need expositions from those with knowledge of the stocks.

Thanks

yMcy56:

NESTLE.......Sell pressure still persist
**Just market observation for today**

Interesting times for Nestle...
Still pick up some 2day at N950 plus...
Below its 52 week low...
Will continue to buy tiill EOY..

https://www.reuters.com/world/africa/ghana-announces-external-debt-payment-suspension-slipping-into-default-2022-12-19/

The once darling of IMF and World Bank.

Liquidity crisis and subsequent failures of critical sectors could ensue if this gets out of hand in Ghana.

perfectgen:
Good afternoon good people, wishing you all seasons' greetings. What is the projections for Scoa and RT Briscoe stocks? I will do my due research but only need expositions from those with knowledge of the stocks.

Thanks

Since you picked these two companies I assume that you like or understand the economics of those businesses:

85 kobo is probably cheap for SCOA on a statistical basis, but it is an illiquid kobo stock so you won't be able to get many shares without affecting the price.

RT briscoe faces the same liquidity issue and they have also lost money every year since 2017 and they have N18 billion in short term borrowings against around N3bn current assets (N9bn total assets).

Just my view from a quick glance so make sure to do your research maybe they have something else going on

emmasoft:


To start ask yourself some of this questions
1. Why do I want to invest
2. What do I want to achieve
3. Can I take risk
4. Do I want to make money very quick or do I have ability to wait and get it slow and steady
5. What does investment actually mean to me
6. I'm I ready to learn by reading and experience
7. Can I control my emotions enough to still be cool headed if I lose all my investment or I made a gain of say 100% or more

Answer the questions objectively and
that will lead you to the next step of reading materials on investment, including posts on this thread and asking relevant questions.

Remember investment is a culture that one builds over time it's not a one-off thing.

i registered with fsdh online since 3 weeks now and they are yet to open the online platform for me to start trading

Redoil:
i registered with fsdh online since 3 weeks now and they are yet to open the online platform for me to start trading

I guess that is FSDH capital.
Though it's the same group, the Asset management arm is different.

However, please chat me up with my contact number to see how I can help.
Thank you.

NESTLE received an award last night - 2022 Highest ROE on the NSE.

I have checked the favourites, none comes close.

yMcy56:
ZENITH.......buy pressure
GTCO......sell pressure
ARDOVA......trading at +10%.... day's high..16.75..closed 16.70
LEARN AFRICA, NEIMETH......getting investors'attention
CHAMS.....Bus still at car park
NESTLE.......Sell pressure still persist
**Just market observation for today**

Hi ma'am
Do you by chance have any progress update on this Ardova project:

https://guardian.ng/business-services/ardova-to-conclude-construction-of-west-africas-largest-lpg-storage-facility-by-december-2022/

Thank you for your response; I appreciate

erwinschro:


Since you picked these two companies I assume that you like or understand the economics of those businesses:

85 kobo is probably cheap for SCOA on a statistical basis, but it is an illiquid kobo stock so you won't be able to get many shares without affecting the price.

RT briscoe faces the same liquidity issue and they have also lost money every year since 2017 and they have N18 billion in short term borrowings against around N3bn current assets (N9bn total assets).

Just my view from a quick glance so make sure to do your research maybe they have something else going on

Harvestock01:
Hi ma'am
Do you by chance have any progress update on this Ardova project:/

Plan was for Dec 2022 before but Q2 2023 is the new expected completion date.

erwinschro:
https://businessday.ng/companies/article/nigerias-sec-says-to-rebuild-e-dividend-platform/
These people have started again. I hope we won't have to start filling forms that we've done before. Still having issues finding some 'shareholder account numbers' for e-dividend mandate

You don't need shareholder's account number to fill E-Dividend Activation Form again.
Only tick the Coys in the column.

thesilentone:
NESTLE received an award last night - 2022 Highest ROE on the NSE.
I have checked the favourites, none comes close.

How does Nestle return the highest ROE in NSE this 2022?? From the high of N1556 in January to the low of N980 in Dec (as at 20/12)??
** Dividend of N50.50 paid so far.......2021 final & 2022 interim....
** Thought ROE measures how much shareholders earn from their investment in the Coy.
** Na just question o.

emmasoft:


I guess that is FSDH capital.
Though it's the same group, the Asset management arm is different.

However, please chat me up with my contact number to see how I can help.
Thank you.

big boss how what is the interest rate in sfsfund and can i register through your link

yMcy56:

How does Nestle return the highest ROE in NSE this 2022?? From the high of N1556 in January to the low of N980 in Dec (as at 20/12)??

Ahhh Mercy na you ask this kweson? I dey wait you for house!

Agbalowomeri:
Ahhh Mercy na you ask this kweson? I dey wait you for house!

Oga Agba answer nah. Na kwesion I asked and I know you know am.
House wey don full with new ones on queue. Sha no go woundjure yourself for this Yuletide season.
E Ku imura odun.

yMcy56:

Oga Agba answer nah. Na kwesion I asked and I know you know am.
House wey don full with new ones on queue. Sha no go woundjure yourself for this Yuletide season.

But you know ROE is fundamental analysis from the financial reports.
Stock prices no allow you see road again

Any that is not news. Nestle has been top of NSE for more than 10yesrs in terms of ROE. Na only GTB/AFRIPRUD/UCAP dragged the position at some point but I think they've all dropped off

thesilentone:
NESTLE received an award last night - 2022 Highest ROE on the NSE.

I have checked the favourites, none comes close.

What about ROIC? For all I know they may have used a lot of debt to finance their businesses. What is their debt-to-equity ratio like?

Agbalowomeri:
But you know ROE is fundamental analysis from the financial reports.
Stock prices no allow you see road again

Any that is not news. Nestle has been top of NSE for more than 10yesrs in terms of ROE. Na only GTB/AFRIPRUD/UCAP dragged the position at some point but I think they've all dropped off

Ok thanks sir.
I no too see road for now ni. Eyes blur as Christmas dey around the corner.
...but in terms of ROI, some others delivered more than Nestle I believed.
You know we're overdue for refresher course on this forum.

yMcy56:

Plan was for Dec 2022 before but Q2 2023 is the new expected completion date.

I appreciate this. It has validated the candidacy for 2023. Time still dey to sharpen cutlass...

Merry Christmas folks

Harvestock01:


I appreciate this. It has validated the candidacy for 2023. Time still dey to sharpen cutlass...

Merry Christmas folks

Why are you addressing us as folks? We are brothers and sisters in the Lord

Abeg where is pastor Ihedioramma Lol

yMcy56:

How does Nestle return the highest ROE in NSE this 2022?? From the high of N1556 in January to the low of N980 in Dec (as at 20/12)??
** Dividend of N50.50 paid so far.......2021 final & 2022 interim....
** Thought ROE measures how much shareholders earn from their investment in the Coy.
** Na just question o.

The challenge for fundamental analysts is the number of parameters they consider.

ROE/ROIC/DEBT plus more are all parameters worth considering - Horses for courses.

The award for NESTLE was specifically for ROE.

ositadima1:


What about ROIC? For all I know they may have used a lot of debt to finance their businesses. What is their debt-to-equity ratio like?

Redoil:

big boss how what is the interest rate in sfsfund and can i register through your link

Please go ahead and register with the link.
Currently, as par Fixed income fund rate, They are doing very well. 11%

Redoil:

big boss how what is the interest rate in sfsfund and can i register through your link

Yes my Oga. Please go ahead and register with the link.
Currently, as par Fixed income fund rate, They are doing very well. 11%

GTCO
Touching down on KM 22.....
100k bulk just moved @ this junction.....

Where is Peter?
From 16.80 to 22, and in less than 3mths, can you still say Dividend yield on these are pennywise pound foolish......
Even @21.65 yesterday's close, GT still has the highest Div yield of 14%....

Another banking stock with dividend yield next to GT is UBA, followed by ZENITH...
FCMB, FIDELITY, if maintained improved result will likely do well in near future too.....DD pls.
FBNH for risk takers.....

* GTCO's board meeting for approval of final report for 2022 FYE is coming up on 27th Jan, 2023

There are rumors that MTN won't be paying the Bonus anymore.

It is that true?

MCNICHOLS
6:5 Bonus successfully added........
Mid to long term in view.........

NAHCO when?

Cc: @essentialone