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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11455163 Views)
Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
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Re: Nigerian Stock Exchange Market Pick Alerts by Vikkydotman(m): 6:23am On Mar 20, 2023 |
GANDALF1:many thanks for this information . |
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 8:32am On Mar 20, 2023 |
NIGERIA MARKET LIKELY TO STATE IN IN BEARISH MODE Our market seems to be relying more on the happenings in the global market, so for the week, expect the market to start on the bearish side as oil in currently in the vearish zone. As usual our members have got the recommebded stocks for the day and those to watch for the week on both the local and global markets. |
Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 9:40am On Mar 20, 2023 |
yok: one thing i know is las las they will print more dollars to rescue their financial sector |
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 10:37am On Mar 20, 2023 |
*PRICE ADJUSTMENT* The equity price of *Transcorp Hotels Plc.* was adjusted today *20th of March 2023* for a dividend of *N0.13* as recommended by the company's Board of Directors. The last close price was *N6.50* while the Ex-div price is *N6.37* |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:57am On Mar 20, 2023 |
YoungBuffet: They have freed searching for oil in Alaska. They will not only print money but do all it takes to grow their real GDP by producing more in America and importing less every little thing they can produce or used to produce. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:08am On Mar 20, 2023 |
Na wa oh. MTN and its free fall since last week. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:28am On Mar 20, 2023 |
CUSTODIAN Final Dividend: 0.55k Qualification Date: 31st March, 2023 Payment Date: 13th April,2023 Registrar: Meristem https://doclib.ngxgroup.com/Financial_NewsDocs/37844_CUSTODIAN_INVESTMENT_PLC-CUSTODIAN_INVESTMENT_PLC___CORPORATE_ACTION_CORPORATE_ACTIONS_MARCH_2023.pdf ** Interim of N10k was earlier paid........bringing total dividend to 65k for 2022 fye. *A good one from CUSTODIAN* ![]() The best 3 insurance stocks in order of priority remains: (from Mcy's point of view anyway) *CUSTODIAN * MANSARD * NEM ** CUSTODIAN is particularly excellent for long termers** This has been said times without number here. 9 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:42am On Mar 20, 2023 |
GANDALF1:It's not everyone that loves to conceal or shy away from telling the truth. This thing is simple. Contact your group Admin to add him. Issa simple stuff. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:50am On Mar 20, 2023 |
ZENITH Pulled back to 23.50/60 last week....... I'm sure someone might be waiting for at below 20 for it, ![]() * Quite some significant reluctance to fall Lower today...... * Bids initially lower than offers.........but as at now, bids has outweigh offers.... * Lol. Someone already brought out offer to increase the offer size...... We keep watching how it goes.... |
Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 11:51am On Mar 20, 2023 |
BabsO2: Back to what DT said then that they should drill Alaska Oil. |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:49pm On Mar 20, 2023 |
yMcy56: It is now CUSTODIAN INVESTMENT PLC. Not just an insurance company. CUSTODIAN currently owns more than 50% of UPDC. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 1:38pm On Mar 20, 2023 |
Una dey see Neimeth number, over 1.5billion value traded at N1.48 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 1:56pm On Mar 20, 2023 |
yMcy56: wow ACCESS back to KM9 |
Re: Nigerian Stock Exchange Market Pick Alerts by Bizibi(m): 4:30pm On Mar 20, 2023 |
YoungBuffet:it won't be as easy as one would expect.... NIGERIA government is too slow in policy implementation and I pray the next government don't spend 7 months looking for competent ministers. I know the pain will last for 2 years and some months.....the next administration have alot of baggages to carry from the current government mess. I have prepared myself because it will be rough. |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 7:36pm On Mar 20, 2023 |
Mpeace: It’s over extended. Need to pick up new passengers before continuing with the upward trajectory. |
Re: Nigerian Stock Exchange Market Pick Alerts by GreatEko: 8:38pm On Mar 20, 2023 |
Re: Nigerian Stock Exchange Market Pick Alerts by rookidmart: 10:04pm On Mar 20, 2023 |
GreatEko:Matt Levine is one of my favourite finance writers. Sadly there aren't (m)any local finance writers. The writers of Nairametrics and ProShare try, but are not up to his calibre. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 7:08am On Mar 21, 2023 |
Bizibi: Whatever the case is as long Nigeria stock exchange still exists and there's movement of prices up and down, money would still be made. Na my own take be that every other things na secondary to me. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 9:09am On Mar 21, 2023 |
LIRS - ETax As the year progresses, we will like to remind you of your statutory obligation to file your annual personal income tax returns for 2023 Income year, as stipulated under Section 41 of the Personal Income Tax Act Cap P8 LFN 2004 (as amended). The section compels a taxable individual to file a return of income with or without notice to the relevant tax authority within 90 days from commencement of every year of assessment. To file your returns, kindly log on to our portal, https://etax.lirs.net, using your taxpayer ID and password, and then click on the annual returns tab. This will direct you to the filing page. Please not that your returns MUST be filled on the Income Tax Form, for Returns of Income and Claims for Allowances and Reliefs (FORM A) and must include income(s) from ALL SOURCES. All supporting documents i.e proof of pension remittance and other reliefs claimed should be uploaded at the time of filing. (A copy of the draft operational guidelines towards efficient and seamless e-Tax filing is attached) Failure to comply with the provisions of the law as state above, a Best of Judgement (BOJ) Assessment Notice will be issued in accordance with Section 54 (3) of the referenced Act. This letter is to serve as a reminder to all our esteemed taxpayers, if you have however filed your return, we thank you sincerely and ask that you disregard this reminder. Furthermore, we wish to advise that you update on regular basis, your contact information, such as functional email address, phone number and contact address on your profile on the eTax platform to convenietly receieve important notifications from teh Agency. Should you required additional information or assitance, please contact our customer service at 0700-2255-5477 or send an email to etaxinfo@lirs.net Please accept the assurances of our highest regards. 2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:03am On Mar 21, 2023 |
Interesting what can come off from Transcorp with the new bill on power! 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 11:03am On Mar 21, 2023 |
yMcy56: |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:45am On Mar 21, 2023 |
essentialone:So lets pay all our personal income tax to Lagos state Government? Pls specify the persons to whom your post apply 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:19pm On Mar 21, 2023 |
ZENITH - Arrived KM 25 - Was looking like they wouldn't buy before.... ![]() FIDELITY: - This stock has been exhibiting untiring strength for some times now..... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:35pm On Mar 21, 2023 |
While browsing, I stumbled upon "The Ponzi Factor," a book whose author argues that, apart from dividend-paying stocks, the stock market operates like a Ponzi scheme. According to the author, when it comes to stocks that don't pay dividends, investors purchase them with the hope of selling them at a higher price to someone else, and the market requires a steady stream of new investors to sustain profits for existing investors. The book made some compelling points, and I recommend giving it a read as it's a concise read. It sparked a different thought in me: If I had invested 15 million in UCAP in 2020, I would be receiving nearly 700k+ per month in dividends, which is similar to what Shell SPDC contract office workers in Port Harcourt earn each month. This translates to a passive 57% return on initial investment. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:41pm On Mar 21, 2023 |
ositadima1:Nice one. Can you break down the B part with some Arithmetic examples. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:50pm On Mar 21, 2023 |
yMcy56: In 2020, I purchased UCAP at 2.62 Naira per share, although some individuals may have acquired it at a lower price. UCAP provided a dividend payment of 1.5 Naira per share last year. Thus, a 15 million Naira investment would result in a 8.5 million Naira return, which translates to approximately 715,000 Naira per month over 12 months. Better than working a 9 to 5 in a lot of jobs. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Ades1: 12:56pm On Mar 21, 2023 |
ositadima1: The question is, how many people invested 15 million in UCAP at N3? The few that did most likely sold when it hit N10 for a nice 250% return while also pocketing some juicy dividends along the way. I now people here bought UCAP at cheap rates but there is difference between investing N500k and N15M 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 1:05pm On Mar 21, 2023 |
ositadima1: Good analysis but what is the assurance that that dividend would be sustainable in the long run |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:07pm On Mar 21, 2023 |
Earning Growth analysis of some of the businesses that recently released their 2022 results. One of the way to grow wealth through the stock market is to invest in businesses that are consistently growing their earnings and the return on invested capital is higher than their Weighed Average Cost of Capital. In my analysis I looked at the 5 years compounded annual earning growth rate, 3 years compounded annual growth rate, year on Year growth, average 5 years EPS and the percentage difference between the average 5year EPS and the current EPS. Dangote Sugar 5yr CAGR 24.9% 3yr CAGR 59.6% YoY 145% 5y average EPS N2.37k Current EPS N4.51 Diff between current EPS and average EPS 90% Dangote cement 5yr CAGR 11.5% 3yr CAGR 7.4% YoY 6.5% 5yrs average EPS N20.6 Current EPS N23.87 Different between current EPS and the average EPS 15%. Pls note that yr1 EPS of Dangote cement was adjusted for tax credit or pioneer status waivers BUA 5yr CAGR 12.1% 3yr CAGR 18% YoY 12% 5 years average EPS N2.28k Current EPS N2.98k Difference between the current EPS and the average EPS is 30% Lafarge Africa 3 years CAGR 30% YoY 5% 3 years average EPS N2.00 Current EPS N3.33k Difference between the current EPS and average EPS is 66%. Please note the analysis was done for Lafarge over a period of 3 years after the business was turned around. Vitafoam 5 years CAGR 49.5% 3yr CAGR 13.7% YoY : Flat 5yr average EPS N2.28k Current EPS N3.53k Difference between the current EPS and average EPS 53% MTN 5yr CAGR 25.5% 3yr CAGR 32.7% YoY 21% 5yr average EPS N11.90k Current EPS N17.80k Difference between the current EPS and the average EPS 49% Nigeria Brewery 5yr CAGR (8%) 3yr CAGR 35% YoY 4.3% 5yr average EPS N1.73k Current EPS N1.68k Difference between the current EPS and average EPS (4%) Note that earnings retrogressed in Nigeria Brewery in the last 5 years, the current EPS is 4% less than its average 5yrs EPS United Capital 5yr CAGR 30% 3yr CAGR 28.6% YoY (14%) 5 yr average EPS N1.50k Difference between the current EPS and the average EPS 43% Nestle 5yr CAGR 5% 3 yr CAGR 11.7% YoY 22.3% 5yr average EPS N54.70k Current EPS N61.80k Difference between the current EPS and the average EPS 13% NASCON 5yr CAGR 6% 3yr CAGR 42% YoY 89% 5yr average EPS N1.30k Current EPS N2.06k Difference between the current EPS and the average EPS 59%. This is just an earning growth analysis, you need to carry out your financial health/earning quality analysis, value creation analysis of the businessess before making a decision 11 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:09pm On Mar 21, 2023 |
ositadima1: If you know you know, better than opening shop sef if you have the right tools. I will share my thoughts on NASCON before the end of the week 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:09pm On Mar 21, 2023 |
Ades1:Rome wasn't built in a day......and, A journey of a thousand miles begins with a step. That was a good plan if you asked me because not all are traders. We have those who invest for passive income, so such plan is a good one in my opinion. Even if you buy at N10, with regular cashflow and, if you're consistent and keeps increasing your stake, you'll be earning something on monthly basis I Blv. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:12pm On Mar 21, 2023 |
YoungBuffet: You can know with 80% accuracy if you analyse the earning quality/financial health, earning growth and dividend safety of the business 1 Like |
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