Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,202,002 members, 7,980,568 topics. Date: Sunday, 20 October 2024 at 05:45 PM |
Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11714945 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)
(1) (2) (3) ... (7667) (7668) (7669) (7670) (7671) (7672) (7673) ... (8301) (Reply) (Go Down)
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:09pm On Mar 21 |
yMcy56: Profit takes no gree Elephant beat Zenith |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:14pm On Mar 21 |
yMcy56: Yes |
Re: Nigerian Stock Exchange Market Pick Alerts by Frangel: 12:17pm On Mar 21 |
Locotrader: This your one-year income statement comparison does not show the whole picture and status of IEI. The facts are all there for those that would read. A price paid by a core investor does not necessarily reflect the true/real worth of the enterprise, especially for an enterprise doing badly. So many factors, especially qualitative, influence the price paid. Some reasons for take over could include easy access to having licence to a regulated business, to kill-off/reduce competition, etc. So, unreal offers could be made to achieve desired outcome 7 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:29pm On Mar 21 |
FBNH Board Appointments. Looks interesting. https://doclib.ngxgroup.com/Financial_NewsDocs/40573_FBN_HOLDINGS_PLC-NOTIFICATION_OF_RECENT_DEVELOPMENTS_IN_FBN_HOLDINGS_PLC_CORPORATE_ACTIONS_MARCH_2024.pdf |
Re: Nigerian Stock Exchange Market Pick Alerts by gbengafaro1986: 12:31pm On Mar 21 |
Dear Sudden Dollar Investors and Speculators welcome back to NGX We missed you 7 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:58pm On Mar 21 |
GTCO @47.....Up with +1.15k ZENITH @39.25 ......Up with +1.25 FBNH: 37.95 UBA: 27.50 ....Up with +1.15 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 12:59pm On Mar 21 |
emmanuelewumi: emmanuelewumi: There is correlation between NGX capitalisation and Nigeria GDP. Increase in GDP will have positive sentiments in our market. I don't really have the data to back up my claim, but I attached two images in my post, one is NGX capitalisation history while the other is our GDP history. I think that data would give one insight on how our GDP is correlated to stock market capitalisation in dollar. I don't quite agree with listing more companies would solve the issue, I am of the opinion that our valuation of stocks in Nigeria is very poor, hence my stand that we have undervalued market. Take a look at Standard Bank Group of South Africa for example, the market price is 18585 Zac which when converted to dollar, it would be around $18515 per share. The same money when converted to naira would give one about 18 million naira per share. Imagine this stock was listed on NGX,people would not near the stock cos to them it is overpriced stock. The outstanding share of the company is about 1.67 billion shares, then compare that with our Zenith Bank that is trading below #40, that is 450,000 times. Zenith has presence in other countries as well. What our companies do to have a big market capitalisation is to increase their OS while the price remain cheap. Imagine Dangote Cement having OS less than two billion, do u think people would price it above #2000? These billionaires understand Nigerians very well and that is the reason they are having bloated os in their companies. A bloated os will dampen the share movement because of too many jijoist.I understand that there so many metrics which helped Standard Bank Group to achieve that feat which is not limited to secure currency, trust people have in their security exchange or what ever, government policies and security of lives and property in the country etc. These are some of the metrics that would help fpi to come into our country, and their presence drives positive sentiments. Dangote will not try listing his refinery with OS less than 10 billion cos he knows that nobody would price his refinery above #10,000. 4 Likes 1 Share
|
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 1:03pm On Mar 21 |
Zagee: The bolded is what could drive our market price up cos fpi still see our market very cheap. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:11pm On Mar 21 |
thebargainhunte: What is the current ratio of stock market capitalization and our GDP. Someone believe it is an average of 40% based on historical precedent. If you now see it at 25% that is when you can say it is undervalued based on that metric 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 1:16pm On Mar 21 |
thebargainhunte:Culture influences economic behavior. South Africa has over 400 listed companies, while Nigeria has just over 100, which is relatively low for its economy size. Encouraging and incentivizing companies with annual revenues exceeding N100 billion to list can enhance transparency, benefiting all stakeholders in the long run and the general populace. PS: Standard Group is about $1K not N18m 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BuchyD: 1:48pm On Mar 21 |
OBAGADAFFI: For many month you mean...... 3 months na still child's play for where conoil dey 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:58pm On Mar 21 |
BuchyD: Na true o. CONOIL sabi lockup wela |
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 2:02pm On Mar 21 |
lionshare:the price I saw it was 18585 Zac per share which when divided by 7.93 will give us $2343.63 per share. I made a mistake in my calculations. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:05pm On Mar 21 |
The Johannesburg Stock Exchange (JSE) is a prominent stock exchange located in Sandton, Johannesburg, South Africa. It serves as a vital platform for both local and international investors seeking exposure to the leading capital markets in South Africa and the broader African continent. Here are some key details about the JSE: Address: 1 Exchange Square, 2 Gwen Lane, Sandton, 2196 Phone Number: +27 11 520 7000 Operating Hours: Monday to Friday, 9:00 AM to 5:00 PM The JSE offers secure and efficient primary and secondary capital markets across a diverse range of securities. It is currently ranked as the 19th largest stock exchange in the world by market capitalization and is the largest exchange on the African continent. The JSE has a rich history, having been formed during the first South African gold rush in 1887. If you’re interested in exploring the companies listed on the JSE, you can find detailed information about 354 listed companies, including their share prices, market caps, sectors, and announcements. Some notable companies include BHP Group, Anheuser-Busch Inbev, Richemont, and Naspers. lionshare: 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 3:42pm On Mar 21 |
megawealth01: This is really good news. I hope it translates to improved confidence in the Nigerian market. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 3:54pm On Mar 21 |
Druss: Or when the company goes bust. Abi I should off the mic 🎤 ? 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 4:11pm On Mar 21 |
KarlTom: I am probably wrong I got that information from this site: https://afx.kwayisi.org/jse/ 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 4:25pm On Mar 21 |
INVESTMENT TIPS FOR NSEMPA INVESTORS (NOT TRADERS) Q2 (2024) 1. There is no such thing as a genuine get-rich-quick investment. The saying, “If it seems too good to be true, it probably is” rings more true for investing than any other financial transaction. Promises of large returns are seldom true. The best investment is a safe, steady, long-term one, where you let your money work for you over the longer term...NOW POSSIBLE IN OUR DEAREST NGX 2.If you have your eye on something you want, wait five days before you buy it. This removes the risk of buying on impulse and allows for rational spending. I WAS A VICTIM OF THIS AT THE JUST CONCLUDED TRANSCORP POWER LISTING BY INTRODUCTION, I BOUGHT 21000 UNITS AT AVERAGE COST OF N370. WITH CASH AT HAND, I COULD HAVE GOTTEN IT AT AVERAGE COST OF N360 IF I HAD WAITED 5 DAYS POST LISTING. 3. Take the time to get to know financial and investment terms. Having an understanding of the basic concepts allows you to more easily grasp the advice provided on NSEMPA thread You can also ask pertinent questions to make more informed decisions. 4.There is no one-size-fits-all investment approach: Each person is an individual and should follow a customised investment plan that takes into account personal economic needs. 5. At the very least, start investing as soon as you can, even if it is just a small amount each month. You can grow this amount when your finances allow. Starting today is better than starting tomorrow. THIS WORK FOR ME. I LEARNT TO SEIZE THE DAY. I DO NOT TIME THE MARKET. THE MOST IMPORTANT THING IS THE FUNDAMENTAL. I AVERAGE UP OR DOWN TILL I ATTAIN EQUILIBRIUM WHERE I'M COMFORTABLE TO DECIDE, BOOK PROFIT OR BUY MORE. I HAVE 600,000 UNITS OF ACCESS AT AVERAGE COST PRICE OF N12.00. I FEEL COMFORTABLE TO BUY MORE AT CURRENT PRICE, THE GOAL IS 1M UNIT. ***MODIFIED**** 11 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Druss(m): 4:47pm On Mar 21 |
vacanci: How has what you written invalidated the comment? If you cannot sell you cannot claim you have made profit. You might as well have 100 million shares of crap as no one else wants it. |
Re: Nigerian Stock Exchange Market Pick Alerts by Druss(m): 4:48pm On Mar 21 |
chillykelly86: True. |
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 7:35pm On Mar 21 |
Druss: Read my comments again. This time around do it slowly 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:08pm On Mar 21 |
ositadima1: ETI: Up 18% Guinness: Up 15% Average: 16.5% Expected profit: Guinness recorded 28.5 million Naira today alone, while ETI is liquid enough that 2 million Naira can be easily withdrawn. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:41pm On Mar 21 |
Excellent piece for all especially newbies... Mankind2024: |
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 8:46pm On Mar 21 |
Oando faithfuls https://www.google.com/amp/s/nigerianobservernews.com/2024/03/edo-oando-to-generate-175mw-wind-energy-for-industrial-clusters/%3famp 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:17pm On Mar 21 |
Interesting Ratio UBA: ZENITH : GTCO 1:1.45:1.75 (Approximately). |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:34pm On Mar 21 |
thebargainhunte: Wind bawo Lsts even resolve the buy out conundrum first |
Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 5:35am On Mar 22 |
vacanci:It has been repeatedly said here that the first thing to consider in trying to trade a penny stock is historical liquidity. You can't be so trapped in JAPAUL for example. Secondly, most instances of getting stuck in a penny stock after a long way rally are fueled by greed else it is always clear when the trend is dying down but a greedy trader would assume that somehow it will just continue the rally forever. Even some non-penny stocks do become very illiquid after a prolonged rally. Take a look at GEREGU's behavior since it hit N1000 all the way from N300+. It is now difficult to sell large volumes yet it is by no means a penny stock. It takes up to four trading days for a penny stock to become illiquid after much rally. Those who are caught are the types who are guilty of the Wild Goose Hunter story. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ExcessKJ(m): 7:02am On Mar 22 |
Please 🙏, this N'M means the figures is to be multiply by 6 zeros right? Or what is the appropriate interpretation of the N'M Secondly, why are some figures on the sheet written in brackets. Thanks 1 Like
|
Re: Nigerian Stock Exchange Market Pick Alerts by ernie4life(m): 7:25am On Mar 22 |
ExcessKJ: Bracket means its a negative amount and N,M means multiply by 6 zeros 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 7:26am On Mar 22 |
ExcessKJ:@ the bolded yes. For your second question, figures in bracket means the figures are negative 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ExcessKJ(m): 7:38am On Mar 22 |
ernie4life: Thank you very much |
Re: Nigerian Stock Exchange Market Pick Alerts by ExcessKJ(m): 7:39am On Mar 22 |
Ginalex: I am very grateful. Thank you |
(1) (2) (3) ... (7667) (7668) (7669) (7670) (7671) (7672) (7673) ... (8301) (Reply)
Viewing this topic: KarlTom, Zagee and 8 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 77 |