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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11417121 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:42pm On Jan 30 |
aj8:Kudus to you. Is the 0.31 Eps not for the group. I suppose 0.2 Eps is for the Insurance subsidiary. ![]() Please enlighten further. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 9:49pm On Jan 30 |
Btw, I've not seen anywhere where naira was devalued officially ooo, Abi na only me no see am? Naira depreciated against $$, which has been the recent occurrence in recent times...... Those saying it was devalued officially should provide proof... Maybe some people are just trying to create unnecessary panic.....we already have enough issues to contend with already. Make dem leave this market for us to dey take hold body Biko. ![]() More companies turning in good and fantastic unaudited results already..... Real cause of today's panic seems unknown yet... 2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:04pm On Jan 30 |
Mankind2024: See analysis wey RICH na... If you sabi you sabi joor |
Re: Nigerian Stock Exchange Market Pick Alerts by beejay1(m): 10:10pm On Jan 30 |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:12pm On Jan 30 |
beejay1: Waited for this... |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:25pm On Jan 30 |
yMcy56: Nigerian Naira Experiences Second Devaluation in 7 Months, as it Loses 98% Value https://www.morebranches.com/nigerian-naira-experiences-second-devaluation-in-7-months-as-it-loses-98-value/ https://www.bloomberg.com/news/articles/2024-01-30/usd-ngn-naira-devaluation-sees-nigeria-s-currency-plunge-to-record 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 10:42pm On Jan 30 |
Hustle1: UACN back to profitability and lovely eps. Great Q3 result |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 10:52pm On Jan 30 |
yMcy56:Txs Madam. 2 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:00pm On Jan 30 |
yMcy56:You they mind some people. The official window which is controlled by demand and supply traded at the highest of the day at #1300 plus which can still trade tomorrow as low as 800 plus.The evil speculators who want to create panic came here to post rubbish. The think they are talking to illiterates.The budget which is our direction for the year remains at #800.. If the dollars like make e reach 5k.None of my business. My business is with naira just like Americans don't have business with naira.I can't even remember the last time I touched physical dollar in my hand so why should I worry about it. 2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:23pm On Jan 30 |
megawealth01:You just share links without doing the maths .I believe pwc was using official price in that article. And seven months ago official price was around #464.So what is 98% to that figure.Does it arrive to the #1300 plus they posted today.Based on 98% it should still be below #1000k I will go with the cbn governor who said naira is under valued while fluctuations in the official window happens just like stock market. And remember me I no dey fight anymore for here as you no sabi me for real life .For now I must defend my country as I no get another country and have no plan to leave naija too 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:48am On Jan 31 |
Eku Bull-Bear market o Na one oga name be that 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by SAK: 4:36am On Jan 31 |
I am also surprised with the calculation,why multiplying by 4 again ,when the unaudited result is for the whole year?? Why did you multiply 0.31 by 4. Is the 0.31 not for the whole year?[/quote] |
Re: Nigerian Stock Exchange Market Pick Alerts by SAK: 4:45am On Jan 31 |
GracefulLau:Oando ?? I fear that stock,may be I will enter small to test the ground . |
Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 5:00am On Jan 31 |
Locotrader: Guiness Guinness results are not bad. Revenue growth plus the marginal costs are well managed vs previous year considering the operating environment. The loss recorded in Guinness is as a result of re-measurement of foreign currency balances and exchange rate differences on foreign currency denominated loans. If the naira depreciation does not exacerbate or if naira begins to appreciate, Guinness becomes a huge buy from that point. IB IB is in a better situation. It has hedged its cash flow against the currency fluctuations ![]() ![]() Q3 & Q4 BUY i think, just my thoughts 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Hustle1: 5:08am On Jan 31 |
SonofElElyonRet: The full year result is very good considering the business environment!!! https://doclib.ngxgroup.com/Financial_NewsDocs/40234_UAC__OF_NIGERIA_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf The new product launched were not yet contributing.... The swan water plant 3x expansion started this January plus other investments and people 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 5:55am On Jan 31 |
Fañtastic result from TRANSCORP: https://doclib.ngxgroup.com/Financial_NewsDocs/40254_TRANSNATIONAL_CORPORATION_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf More UN-AUDITED 2023 FYE Reports : https://doclib.ngxgroup.com/Financial_NewsDocs/40253_AXA_MANSARD_INSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf https://doclib.ngxgroup.com/Financial_NewsDocs/40252_TRANSCORP_HOTELS_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf https://doclib.ngxgroup.com/Financial_NewsDocs/40251_E-TRANZACT_INTERNATIONAL_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf https://doclib.ngxgroup.com/Financial_NewsDocs/40241_UNIVERSAL_INSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf https://doclib.ngxgroup.com/Financial_NewsDocs/40249_CWG_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf https://doclib.ngxgroup.com/Financial_NewsDocs/40242_JAIZ_BANK_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf https://doclib.ngxgroup.com/Issuers-section/corporate-disclosures/company-results 5 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 6:16am On Jan 31 |
Streetinvestor2:I tire ooo. Just tried searching for the official announcement and couldn't find it....... I think some people are just bent on dragging the market down by all means possible... We can see how the bull had defied all their theories and charts for the past months, so they needed to come up with something to achieve their panic mission. * One of the consolations is that the Locals still control majority stakes in this market and companies will still declare dividends either they like it or not. * Bull or bear, investors and traders alike will still be trading and making profits in this market........In fact, some of the stocks are still undervalued if we consider the good results some of them are releasing now. * Those in market just needed to control emotions during this period. It will also pass. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:16am On Jan 31 |
Re: Nigerian Stock Exchange Market Pick Alerts by pizapato(m): 6:16am On Jan 31 |
Streetinvestor2: Oga dey try calm down. The bolded is unnecessary. The information about the exchange rate following the adoption of new method of pricing in the NAFEX is freely available online. https://www.bloomberg.com/news/articles/2024-01-30/usd-ngn-naira-devaluation-sees-nigeria-s-currency-plunge-to-record?cmpid%3 |
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 6:17am On Jan 31 |
aj8: I have read your earlier posts on this. What you normally do is to multiply the best quarter earnings(eps) by 4 but in this case you are multiplying the full year eps by 4. |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:31am On Jan 31 |
BETTER TIME TO BUY INTO THE MARKET - THE TRANSCORP EXAMPLE Transcorp's stock price has recently entered the daily value zone, coinciding with the NSE sentiments turning negative. This presents an opportune moment to consider accumulating shares, but conservatively. A Transcorp stock price at or below 13 Naira is particularly attractive and represents a potential bargain. PLAN YOUR TRADES AND TRADE YOUR PLANS ![]() ![]() ![]() ![]() ![]() 7 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 6:52am On Jan 31 |
Let's see how the market price that actual cost and improved dividend. My bet is on gra... |
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 6:53am On Jan 31 |
yMcy56:The transcorp power segment continues to be the engine power of transcorp plc. Figures from them beat Geregu hands down. Imagine having a revenue of #151 billion against Geregu #82 billion and a profit before taxation of #50 billion against #24 billion. If not due to excessive os, transcorp plc should not be trading below #100. Their result is awesome. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:54am On Jan 31 |
Transcorp EPS grew by 195%. It has a return on equity of about 19% which is quite good. I expect between 60% to 100% earning growth in 2024 for Transcorp. Based on the current price of the stock at recently released EPS of 56k. Transcorp has a PE of 26. Transcorp is still very good to accumulate for the long term and N11 and below 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Jaakay: 6:58am On Jan 31 |
Pls help me understand. Eps of 56k, but trading at +14 naira? Does not add up to me. emmanuelewumi: |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:58am On Jan 31 |
Transcorp Hotel made EPS of 60k. Return On Equity of 9%. Based on this it should be selling below its book value. Transcorp Hotel currently has a PE of 162 based on its current price. That should be the highest on NGX 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 7:01am On Jan 31 |
emmanuelewumi: Thanks Oga Emma for dissecting the FA for us. ![]() 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:02am On Jan 31 |
Jaakay: Market priced in the growth potential of the stock 80% of the time we are too optimistic about our growth projections and valuation based on expected growth. That is why I look at Growth At a Reasonable Price valuation model. 4 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:03am On Jan 31 |
2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:04am On Jan 31 |
There is a 70% probability that the market will be bearish today 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:07am On Jan 31 |
Invest with figures. The current average EPS on NGX is about 14. The last time the market crashed in 2007, the average EPS was about 20. Just learn how to rebalance your portfolio in order to maximize return 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 7:08am On Jan 31 |
I LAUGH READING ABOUT MARKET TIMING! ![]() Can you really time the market? Yes, to some extent. Stock markets, especially those with various measuring tools, can be predicted to a certain degree, but not with absolute precision. If you're expecting to pinpoint the exact hour, minute, or second etc., I'm afraid what you are searching for is nothing but insider manipulation. Over the years, technical analysts have developed numerous tools to help assess the stock market, figure out when to buy or sell, gauge risk-on and risk-off sentiments, and one of these tools is market breadth. Just last week, some of us here on this forum raised a warning flag about the possibility of NSE ASI experiencing a dip (refer to posts on 20/01/2024), suggesting that we prepare for a buying opportunity. The fact that it didn't happen right away doesn't necessarily mean the timing was incorrect; it simply calls for caution, as all indicators are hinting at an impending dip. Furthermore, there's no sign of a bear market in NSE; the market is currently taking a pause and is likely to resume its bullish trend in the next few days. PLAN YOUR TRADES AND TRADE YOUR PLANS ![]() ![]() ![]() ![]() ![]() 5 Likes
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