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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11451279 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 ojeysky(m): 8:02am On Oct 14, 2023 |
arasayar: My brother the thing is something else, even toothpick was on the list 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 8:33am On Oct 14, 2023 |
Which "delisting?" Lol sky2891: |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:12am On Oct 14, 2023 |
sky2891:I guess there will be another Oando AGM/EGM specifically for the de-listing. But that may be early next year, as the next court sitting is on 29-Nov-2023. |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 11:19am On Oct 14, 2023 |
Streetinvestor2: It will not affect Alhaji... i know Even Alhaji will be importing... And repackaging it.... Dats how Alhaji started.. All of dem dem na crook ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 12:22pm On Oct 14, 2023 |
arasayar: Nigeria as a country is not ready to do business, I pray tinubu gets it right......Currently, at #1000 to $1 the country has all the necessary conditions to attract the needed capital...... The united states wants to move the bulk of their businesses away from China, if only Nigeria can just but get 1 or 2 out of this.......... Countries and Companies into international business know the game very well....... Look at what is happening to French companies like arlit in Niger No company will like to say invest $50billion in Nigeria and when they repatriate $200trillion after say 5years someone starts crying apartheid and starts implementing capital controls...... International capital has really wise up above that........ Best approach for Nigeria to take is something like the Taiwan style , everybody gets what they bargained for; nobody's crying fowl anywhere 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 1:45pm On Oct 14, 2023 |
https://nairametrics.com/2023/10/14/dangote-sugar-refinery-aims-to-boost-production-to-1-5-million-metric-tonnes/ Not a buy/hold recommendations. Due diligence applies... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by dapix: 4:17pm On Oct 14, 2023 |
ogoo4real: That is still an assumption, I will wait and see their Q3 and be sure of the loss figure before I jump into their shares. They know how to use news to move their prices. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 4:35pm On Oct 14, 2023 |
dapix: You wouldn't expect this information to affect their Q3 report I suppose. The proposed plan to upscale production is still work in progress and not in the past. So their Q3 report will not show any thing related 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by delvzy(m): 5:37pm On Oct 14, 2023 |
The more reason to key into subsequent earnings reports. You'll be able to distinguish between what is a Fair Value and that which is OVERVALUED. ebuka1997: |
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 6:06pm On Oct 14, 2023 |
One of the hardest parts of investing is knowing when to sell. If a stock is showing considerable gains, some investors may quit while they’re ahead and choose to sell the stock. On the other hand, some investors may hold on to the stock in hopes that it will grow further in value. While the former investor risks the stock increasing further in price and losing potential gains, the latter investor risks the stock dropping in price and losing any unrealized gains. This dilemma begs the question, how does an investor know when to take profits on stock? While it is extremely difficult to predict when the price of a stock will decrease, there are a few warning signs that investors should look for. In general, the news tends to be a good predictor of stock trends. If the news reports that a particular industry is struggling, or that a company is about to experience a negative change in its business or executive board, stocks in that industry or company may decline shortly after. Similarly, if a company announces that it is cutting back on or removing dividend payouts, this may signal to investors that the company is struggling financially, which could also cause its stock price to decrease. Even if there are no negative warning signs, it may be a good idea to sell a stock if it experienced considerable growth. Setting a target price for a stock upon purchase is a good way of keeping track of when it may be best to sell. A stock’s target price represents a realistic future price that, if reached, would present the investor with unrealized gains. Investors often try to buy a stock when it is undervalued, therefore a future price target should represent what an investor believes the stock is worth. If a stock is overvalued in the market, it will eventually correct itself and drop in price. For this reason, many consider it a good time to sell when a stock reaches its target price. 4 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 6:20pm On Oct 14, 2023 |
VFD Group already issuing bonus. https://nairametrics.com/2023/10/14/vfd-group-seeks-approval-and-listing-63-34-million-ordinary-shares/ One should keep an eye on NIDF. Investors 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 6:36pm On Oct 14, 2023 |
Zagee: ![]() ![]() ![]() UPDATE DEC 12 '23 : Started accumulation of NIDF stock - Will see how it goes during 2024 to add appropriately for Quartely dividend.The Logic is use this as exposure to long term overweight corporate bond : underweight government bond mix .(This hit me like a ton of brick when rebalancing today, #Agelikewine) 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by delvzy(m): 6:40pm On Oct 14, 2023 |
Move with caution! Zagee: 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 6:44pm On Oct 14, 2023 |
Zagee: It's not bonus shares but rights issue. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 7:45pm On Oct 14, 2023 |
kolaish: Experience they say, is the best teacher! Keeping it real and simple. Well done. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Emndy(m): 8:32pm On Oct 14, 2023 |
unite4real: Something were ppl don dey mop b/w N50 to N60 in the past weeks. The Q3 he is expecting is of little effect considering that DangoteFood will be listed in 3 months @ a price most likely around N100 +/-N10 and will continue its northward journey chasing BuaFood. If him want buy, simply load up enough quantity you are comfortable with. Stop to dey wait for Q3 result. By first week of November e fit dey late. 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 8:50pm On Oct 14, 2023 |
unite4real:Check the details |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 9:30pm On Oct 14, 2023 |
Zagee: I hope you understand the difference between Rights issue and Bonus. "Rights Issue is a right issued to its existing shareholders to subscribe to the shares at a discounted price within a specified time period. A bonus issue is an issue of shares by the Company to its existing shareholders free of cost" Meanwhile for a company that just got listed on the exchange, on what basis will they start dashing out shares after a few days. Thinking it's a bonus is like believing that a new iphone 15 is being sold for N50,000. Now back to VFD, below is an extract from the public information. "According to a statement from the NGX application, the right issue is based on one ordinary share for every three existing ordinary shares held as of the close of business on Thursday, 12 October 2023." "VFD Group Plc has through its Stockbrokers, TRW Stockbrokers Limited filed an application to the Nigerian Exchange Limited (NGX) for the approval and listing of a rights issue of 63.342 million ordinary shares of 50 kobo each at N197.33 per share" Where is the detail that shows it's free. Bonus share are meant to be free. If you are paying at a discount then it's right issue 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 9:48pm On Oct 14, 2023 |
Please list 10 best stocks to buy now, and expect at least 100% net profit margin. |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:53pm On Oct 14, 2023 |
arasayar: I think we have the comparative advantage for rice production. We have the type of land / water / weather combination that is good for rice production. But Nigeria is a high cost production area for many reasons. Insecurity and cost for security is one of the costs reducing competitiveness amongst many other issues. Also with a large population it is the right thing to get the people productive instead of waiting to import everything. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 6:23am On Oct 15, 2023 |
PSA for the house: Any lawyer in the house that offer notary service? kindly identify yourself. May require service in coming week(s)... if doesn't apply to you, kindly move along ![]() ![]() ![]() Contrarian view: I believe competitive advantage is nuanced. If the government elected now and in coming years create an avenue for business growth through policies consistently regardless of political affiliation ( monetary devaluation, aggressive increment in production and product value chain capacity in selected space in agriculture, health and IP in tech companies).I strongly believe currency devaluation is a monetary tool in itself 50- 100 years from now, our sons and grandkid will be like that is/was a no brainer policy to our exponential growth. considering it is deflationary. Albeit deflation is a double edge sword, a country like Nigeria with our human capital reserve (if channeled properly will go well for majority if our populace) shold benefit if properly done. I can only imagine what our agricultural space will look like if the buhari-emefiele intervention (in about 8 years) in rice industry can be replicated and refined in select few space in commmodity (agriculture, solid mineral e.g gold, lithium). There is always a market for quality product while making profit becomes a question of consistent satisfaction of your customers. |
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 6:52am On Oct 15, 2023 |
😀😀....this items were not banned as contraband goods....they were banned from seeking forex from the official forex window. Importers of these items go to the parallel market to get forex to bring these items into the country. In doing this....they put pressure on the forex availability... making the price in naira to go up. Unbanning these items and bringing them to the officially seek forex from CBN window will relax the pressure it puts on the parallel market and reduce demand from the black market.... reducing the exchange rate.😀 These are short term measures to relax the demand in the black market. The next is to make Nigerians believe in the country again....reducing the japa syndrome that is also putting a lot of pressure in the black market 😀😀🚶🏿♂️🚶🏿♂️🚶🏿♂️ Rest my case 7 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Bizibi(m): 8:00am On Oct 15, 2023 |
Willie2015:oh yes!! Alhaji will definitely import,e nor hard for am. |
Re: Nigerian Stock Exchange Market Pick Alerts by Bizibi(m): 8:05am On Oct 15, 2023 |
BabsO2:the big problems in Nigeria is bottlenecks and unnecessary double taxation in the system even the illegal road taxation especially in states,once that is settled it will be easy to meet domestic demand and price coming down.there are many factors.....the government have alot of work to do,alot!!! 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by VeeVeeMyLuv(m): 11:21am On Oct 15, 2023 |
essentialone:The real solution to restoring faith in the country and currency is by doing the right thing, following the rule of law. By rehabilitating the justice system and the reward system. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:00pm On Oct 15, 2023 |
kolaish:Good writeup there @kolaish. If you were able to gather this amount of experiences within 1 yr of trading, then you must be an exceptionally intelligent person! ![]() Having said that, one critical comment I would like to add is that trading isn't solely about short-term holding of stocks or other asset classes, as you suggested by mentioning a maximum of 6 months. The trading spectrum is quite diverse, encompassing: 1. Day traders/Scalpers: Engage in buying and selling within a single day. 2. Swing traders: Their horizon extends over several days or weeks. 3. Position traders: These set of people adopt a long-term outlook, holding onto positions for months or even years with a heavier reliance on long-term timeframe for analysis. The category one falls into largely hinges on individual temperament and objectives. Great read for the weekend! ![]() ![]() ![]() ![]() ![]() 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 12:38pm On Oct 15, 2023 |
essentialone: O'boy see requirement o. I wish this can be accurately predicted. However if you are talking long term, me I still think intbrew and caverton will deliver on long term. Both are yet to do any significant rally 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by chinonsobest: 2:41pm On Oct 15, 2023 |
mikeapollo: Simple, Just be sure to be at the AGM on 6 Nov and vote against the buyouts. Then you will see your investment tripped in just weeks. Thank God the location is Lagos. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 5:39pm On Oct 15, 2023 |
DANGOTE SUGAR NEEDS EXTRA GOOD NEWS TO PUSH PRICE HIGHER Price breaks below short-term support on 28/09 and as such weakens the stock short-term outlook. DangSugar will require more positive news to carry the stock price above 67 and the liquidity above 72. A rejection at this level may cause the price to retest 52 or below. This is not a post to sell the stock, as the sentiment remains very bullish with the upcoming merger, rather an alert for interested parties to prepare to add more to their portfolio or for new joiner to partake at a cheaper price. PLAN YOUR TRADES AND TRADE YOUR PLANS ![]() ![]() ![]() ![]() ![]() 3 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 10:03pm On Oct 15, 2023 |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:11am On Oct 16, 2023 |
chinonsobest: The buyout is not part of the agenda or issues to be discussed/voted on at the AGM.. But I will attend definitely. |
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 1:05am On Oct 16, 2023 |
E ku market ooooo… Thank God we have finally cross $1 to N1000 (Naira)… We are on our way to $1 to N1500…to N2000 By December, we will be $1 to N1500… By Q2, 2024, we will be $1 to N1800/N2000 This is the renew hope…market is rallying LOL |
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