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Nigerian Stock Exchange Market Pick Alerts - Investment (7795) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 7:32am On May 30
DrAkpa:


So it's not like the money used to invest on the shares goes into the account of the company whose shares is being purchased?

It does at all times but only when the seller is the Company. Such as when it is an Initial Public Offer, Rights issue and some other financial instruments used by Companies to raise capital.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by leparj(m): 9:59am On May 30
DrAkpa:


Some of you just decide to dance naked in the market square even without provocation. You wey done learn finish, upload your shares statement of account, so we can see it. Rubbish

What's your problem? We are all here to learn.
Keep asking your Qs. No matter how basic,
You will always get answers. Enjoy your day.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dapix: 10:00am On May 30
Ding grin shocked

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On May 30
Ding!!! grin

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:02am On May 30
To the bolded: very true!
However, we can all agree that some responses or 'answers' are unwarranted... wink

leparj:


What's your problem? We are all here to learn.
Keep asking your Qs. No matter how basic,
You will always get answers. Enjoy your day.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Utalinmou: 10:04am On May 30
Omo stock market is crazy
There's is no easy way to success
What I think is to find a company that you believe to be futuristic and keep investing in them

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Pete002: 10:15am On May 30
what made you come to this conclusion in this early hour?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:24am On May 30

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DrAkpa(m): 10:28am On May 30
leparj:


What's your problem? We are all here to learn.
Keep asking your Qs. No matter how basic,
You will always get answers. Enjoy your day.

If you want to answer questions, then you answer politely. You don't ridicule people's questions and then you pretend as if you are the one who doesn't have a problem. Answer questions politely or waka pass, that's not too hard is it?

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 10:30am On May 30
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 10:30am On May 30

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:31am On May 30
yMcy56:

IEI has experienced great turnaround and it's an Energy Insurance as well.....if not for the previous buyout discussion, it's a stock that shouldn't be selling below 2 in the short to medium term.

* Made over +100% PAT in Q4......this is great for an insurance that was in consecutive losses for more than 9yrs before Norremberger took over.

Someone mentioned some shareholders -ve fund or something, guess it's Fragel.
We should know Rome wasn't built in a day, with continuous efforts put in place to place it among industry leaders in the sector, think it's a matter of time when it will tick the box list +vely.........and, should Norremberger decides to stay listed, then it's an insurance stock to keep keen eyes on in a short to long term to come.
Lol. Na my opinion o. grin

https://nairametrics.com/2024/02/24/norremberger-to-make-iei-industry-leader-in-five-years/?amp=1
March 19, 2024 posts....

Not any form of buy/sell........just pointing out the Q4 2023 FYE result....... +2294% gain!
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:38am On May 30
Mfunkynation:

Mansard do me strong thing even with 128k EPS... them get mine
welcome back... I miss you oooo
Thanks.
Thank you my Sister Ginalex. cool
I never come back o, na insurance sector bring me out. wink
Dem don talk say make I no dey put mouth for stock matter as per say I no be investor and can only put mouth for the stock I invest in. Lol.

By the way, how did Mansard do you strong thing?
Thought you bought when it was below N2?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:46am On May 30
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:47am On May 30
yMcy56:

Thanks
I never come back o, na insurance sector bring me out. wink
Dem don talk say make I no dey put mouth for stock matter as per say I no be investor and can only put mouth for the stock I invest in. Lol.

By the way, how did Mansard do you strong thing?
Thought you bought when it was below N2?

Nobi every person for faceless platform deserve attention with their empty boasting and ranting...

You na better person with a clean heart

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 10:52am On May 30
yMcy56:

Thanks.
Thank you my Sister Ginalex. cool
I never come back o, na insurance sector bring me out. wink
Dem don talk say make I no dey put mouth for stock matter as per say I no be investor and can only put mouth for the stock I invest in. Lol.

By the way, how did Mansard do you strong thing?
Thought you bought when it was below N2?
yes I entered 3+... They choose not to pay dividend with 128k EPs..
I pray make Custodian no try this also

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:53am On May 30
megawealth01:
Nobi every person for faceless platform deserve attention with their empty boasting and ranting...

You na better person with a clean heart
Lol. Not like I care whatever anyone says -vely......but just needed to be away for sometimes.
I still dey here smiley

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:56am On May 30
yMcy56:

Lol. Not like I care whatever anyone says -vely......but just needed to be away for sometimes.
I still dey here smiley

πŸ’―

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 10:57am On May 30
Ginalex:
My oga don land oπŸ˜ƒπŸ’ƒ
No let your Oga carry you go where you no know .

I'm just joking o, don't take this serious o😁
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 10:59am On May 30
EDUECO:
No let your Oga carry you go where you no know !
She fit go carry go buy shell(worthless equity)πŸ˜„πŸ˜
I'm just joking o, don't take this serious o😁
hmmmmmm... I think you shouldn't include the second paragraph

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:02am On May 30
EDUECO:

No let your Oga carry you go where you no know !

She fit go carry go buy shell(worthless equity)πŸ˜„


I'm just joking o, don't take this serious o😁

Not funny sad undecided
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 11:06am On May 30
yMcy56:

Thanks.
Thank you my Sister Ginalex. cool
I never come back o, na insurance sector bring me out. wink
Dem don talk say make I no dey put mouth for stock matter as per say I no be investor and can only put mouth for the stock I invest in. Lol.

By the way, how did Mansard do you strong thing?
Thought you bought when it was below N2?
Who them be to say what you should or shouldn't do Biko? Welcome back (whether you like it or not πŸ˜ƒ)

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 11:13am On May 30
I believe money is made in the quietness of time, not in excitement. The same applies to the stock market. If you receive your buy/sell information as e dey hot, in the excitement of time, you are late. Secondly, there are two types of investments advisers.

1. Points you in a direction he is not headed, based on hearsay or exciting prospects.
2. Points you in the direction he is headed, and you will watch him walk down that road

Na number 1 type plenty here.

Once upon a time here, just few weeks ago. The prospects of INTENEGINS (International Energy Insurance) was discussed here in the quietness of time. Entry prices of N1.17 to N1.41 was revealed here. I stated here that i started buying at N1.29, and followed the price down to N1.17.

If you are entering any Insurance stocks based on the news of yesterday or this morning, i am sorry you are late to the party. You will have to buy high at a higher risk.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 11:18am On May 30
I think Zenith Bank,Access Bank,UBA,GTBank,and Fidelity Bank are excellent banking stocks newbie like myself can key into from now till the end of 2025.

All of them paid good interim and final dividends last year(2023).
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:21am On May 30
I hope some investors here made use of the info on Nigerian Breweries to key in @23! smiley
I hope you don't also join league of sadist to miss the opportunity.
Let them keep waiting for it @5naira or maybe na N2 self.
We go all dey alright las lΓ s. smiley

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 11:28am On May 30
222Martins:
I believe money is made in the quietness of time, not in excitement. The same applies to the stock market. If you receive your buy/sell information as e dey hot, in the excitement of time, you are late. Secondly, there are two types of investments advisers.

1. Points you in a direction he is not headed, based on hearsay or exciting prospects.
2. Points you in the direction he is headed, and you will watch him walk down that road

Na number 1 type plenty here.

Once upon a time here, just few weeks ago. The prospects of INTENEGINS (International Energy Insurance) was discussed here in the quietness of time. Entry prices of N1.17 to N1.41 was revealed here. I stated i started buying at N1.29, and followed the price down to N1.17.

If you are entering any Insurance stocks based on the news of yesterday or this morning, i am sorry you are late to the party. You will have to buy high at a higher risk.

I don't think our people missed IEI sha.
Missed IEI.........
Don't miss Royalex.
I am seeing 100%

Bro,this champion stock has humbled me.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 11:37am On May 30
Mfunkynation:

Mansard do me strong thing even with 128k EPS... them get mine
welcome back... I miss you oooo

Mansard has retraced their steps. They are to pay a final dividend of 34kobo to make a total of 40kobo with 6kobo already paid as interim earlierβ€”page 33 of their annual report.

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Redoil: 11:41am On May 30
yMcy56:

Thanks.
Thank you my Sister Ginalex. cool
I never come back o, na insurance sector bring me out. wink
Dem don talk say make I no dey put mouth for stock matter as per say I no be investor and can only put mouth for the stock I invest in. Lol.

By the way, how did Mansard do you strong thing?
Thought you bought when it was below N2?

@bolded that is the main reason nigeria is in a very bigger mess because people chose to keep quiet in certain important matter.

please i beg you in the name of whatever you serve always share everything concering the NGX here so that those who wish to learn will learn

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 11:49am On May 30
Locotrader:


I don't think our people missed IEI sha.
Missed IEI.........
Don't miss Royalex.
I am seeing 100%

Bro,this champion stock has humbled me.

For those who bought Champion Brewery when it was discussed here, aside the bonus share; here are the possible scenarios that will play out in the short and long term.

1. The manage of Champion Brewery will announce the completion of the acquisition of Raysun shares by EnjoyCorp. They will also announce the acquisition price per share, which i expect to be nothing less than N5 (This is my own conservative estimate). When this announcement comes, there may or may not be a rally.

2. The new management EnjoyCorp will be holding about 86% of Champion Brewery shares with 3.5% in Free float, which is not compliant with the NGX rules. So they have only 3 options, of which holders of ChampBrew will benefit:

a. Sell enough shares from their 86% holdings to meet up with NGX compliance rules, and the commencement of this sales and stages of sales must be announced. They sure wouldn't sell at the current market price of N3 and below as that would mean instant loss on their investment, so they will have to find a way to drive up their share price of ChampBrew.

b. EnjoyCorp holds on to their 86%, remain non-complaint and work hard to turn around the company before selling off shares on the market to meet NGX free float compliance rules. If they show a positive result, there may or may not be a rally.

c. EnjoyCorp buys out the remaining 3.5% free float at a price which will not be less than the N5 they bought from Raysun. If they announce this, there may or may not be a rally.

The above is strictly for those of us in Champion Brewery.

3 Likes 3 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:51am On May 30
Mfunkynation:
yes I entered 3+... They choose not to pay dividend with 128k EPs..
I pray make Custodian no try this also
MANSARD is paying final Dividend of 34kobo, making 40kobo for 2023 FY (6kobo interim paid)

https://doclib.ngxgroup.com/Financial_NewsDocs/41362_AXA_MANSARD_INSURANCE_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MAY_2024.pdf

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:04pm On May 30
I giveup on totalenergies. Since q1 came out about a month now they have not sold up to 100k units a day. Its 3k, 8k, etc.

Make I go look for money first then i go join mcy for insurance sector.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:14pm On May 30
Mpeace:
I giveup on totalenergies. Since q1 came out about a month now they have not sold up to 100k units a day. Its 3k, 8k, etc.

Make I go look for money first then i go join mcy for insurance sector.
That is the problem with this kind stock. Whr will the 100k units to move the stock come.i get small afolabi units I want to sell but not at this price.

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