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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11373352 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 12:53pm On Jun 30 |
Long-term thinking is essential for Nigerian Exchange (NGX) investors. The NGX of today is significantly better regulated than it was 25 years ago, providing a more secure investment environment. Adopting a long-term perspective, similar to a farmer who nurtures crops over time, is crucial. Historical data shows that time spent in the market outperforms attempts to time the market. In the past decade, companies and financial institutions would collapse overnight and wipe off investors' funds due to poorly regulated activities in the old NSE. This perhaps may have discouraged investors from taking a long-term stand. Personal experiences illustrate this point. NAHCO, purchased at under NGN3.00, recently paid a dividend of NGN2.56, and is currently trading at NGN34.00, while UCAP, bought at NGN3.50, is poised to follow a similar path. Market fluctuations, or volatility, are inherent and allow existing shareholders to profit and new investors to enter. The current inflation is a global phenomenon, triggered by global warming and climate change, the pandemic and exacerbated by geopolitical tensions and monetary policies. However, the NGX presents an opportunity to build legitimate generational wealth. Investors should allow the market to dictate its performance, as listed equities are undervalued and even more so when factoring in inflation. With patience and perseverance, Nigeria has the potential to thrive, and the NGX will likely reflect this growth and outperform the worsening inflation in Nigeria. I think long-term thinking is key to success in the Nigerian Exchange, which is now a better-regulated market for sustainable investments. I farm my wealth by adopting a long-term perspective in my investment journey and am ready to ride out volatility in building generational wealth in NGX. In addition, I am diversified by having a portfolio in the magnificent 7 and other blue-chip companies listed on the NYSE. 10 Likes 2 Shares
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Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 3:02pm On Jun 30 |
megawealth01: They wanted to delist at N23 buy-out. The minorities demanded for N100 and cried to SEC to object. So the cowboyz switched to Plan B. When they're done reducing the company to an empty shell, the shellholders will be begging for the N23 if still available. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:08pm On Jun 30 |
zendi: Who go come settle this fight |
Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 3:41pm On Jun 30 |
zendi:Omo shock grip me as l see the news 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:01pm On Jun 30 |
zendi: As E dey go it will reduce to below #20 sef |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 4:21pm On Jun 30 |
PZ is not alone; MTNN also posted negative shareholders' funds, negative equity, and negative retained earnings. The minority shareholders who insisted on a N100.00 payout must have known the worth of PZ, either through insider information or by default. The news shouldn't cause dumping; otherwise, the cowboys would mop it up without any remorse. It is the same macroeconomic issue quoted by MTNN - foreign exchange loss - that also affects PZ. zendi: |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:23pm On Jun 30 |
Mankind2024: This is the TRUTH |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:43pm On Jun 30 |
zendi:This is why I believe wale is likely to have changed his mind on delisting. This is the way to go if you want to delist easily and cheap.You don't arm your enemy yourself with good results. .it is common sense The minority shareholders will beg you to collect what you are willing to pay.Or you crash the price in the market and keep mopping it at lower than your offer via proxy till you collect above 90% of the shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 4:48pm On Jun 30 |
Agbalowomeri: Streetinvestor ![]() ![]() ![]() Prophet,I hope that which was reveal is still intact. This is the new strategy for the cowboyz. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 4:50pm On Jun 30 |
Allowing PZ a soft-landing delisting would spell contagious effects on the exchange. The body language of Unilever is pointing towards a similar move. Already, they have stripped Unilever of some prime assets; the final blow would be delivered once the SEC allows a soft-landing delisting for PZ. megawealth01: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:52pm On Jun 30 |
Choiceguy:Not me oh.If they can unite in thr game.They vote out the management in the next agm.The can only do it if they can form a united front. Or watch the shares go down to #15 and blow |
Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 4:56pm On Jun 30 |
Locotrader: When I saw that result,loco's comment came to my mind ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 5:15pm On Jun 30 |
As a contrarian long-term self-investor in both NGX and NYSE, I have found that companies incubating a delisting agenda from a stock exchange may exhibit certain signs, including, but not limited to, the following: 1. Poor financial performance: Consistent losses, declining revenue, and negative shareholders' equity. PZ 2. Low trading volume: Infrequent buying and selling, indicating a lack of investor interest. GSPECPLC demonstrated this before the soft landing, DICON SALT 3. Non-compliance with listing requirements: Failure to submit financial reports, audit issues, or non-disclosure of material information. IB, OANDO 4. Management's reluctance to address concerns: Ignoring investor inquiries, failing to provide timely updates, or dismissing concerns. 5. Asset stripping: Selling off valuable assets, subsidiaries, or businesses, potentially weakening the company's financial position. Unilever is culpable here. 6. Reduced market capitalization: A significant decline in the company's market value. IB is guilty here. 7. Inconsistent or unclear communication: Vague or contradictory statements about the company's financial health or future plans. Oando 8. High debt-to-equity ratio: Excessive borrowing compared to shareholder equity. PZ, MTNN 9. Failure to pay dividends: Omitting dividend payments, indicating financial struggles. Morrison Industries, OANDO. 10. Regulatory issues: Repeated violations, fines, or investigations by regulatory bodies. OANDO. This was what I knew before committing my sweat and blood to all the Tony Elumelu-listed companies. I have no regret so far; rather, I beat inflation regularly due to benefit of due diligence, despite this I still invest in some of these companies with poor fundamentals, and sometimes, I draft a strong anonymous letter to their managements. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:26pm On Jun 30 |
Mankind2024: How many of these infractions has Oando been able to redeem in the last few months? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 5:29pm On Jun 30 |
Streetinvestor2: The same game by Norrenberger on intenegins. They used their bad Q1 result to turn the stock southwards to get many holders thinking to go and collect 1.60 "before Oga Norre changes his mind". At the same time I believe by now they must have mopped almost to their target from the floor at below their MTO offer price. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 5:42pm On Jun 30 |
As of 2024, OANDO has made efforts to address some of the infractions listed: - They have improved their financial performance, reporting slight profits in recently released vague financial statements. - Trading volume has increased, indicating growing investor interest. This is questionable, as we do not know if Wale Tinubu is the one trading via proxies. - OANDO has complied with listing requirements, submitting financial reports and addressing audit issues. - Management has become more responsive to investor concerns, providing regular updates. I have personally sent more than 4 toxic letters to OANDO. However, some issues still persist: - Asset stripping continues, with the sale of some assets and subsidiaries. - Market capitalisation remains a concern, with some fluctuations. - Communication can still be inconsistent, with some vague statements. - High debt-to-equity ratio remains a challenge. - No dividend payments have been made recently. - Regulatory issues have decreased but not entirely resolved. -Investors still do not know where the boat of OANDO is sailing to. -The poor performance in OANDO financial statements is always due to pipeline vandalism and oil theft. mikeapollo: |
Re: Nigerian Stock Exchange Market Pick Alerts by FatherCHRISTMAS(f): 5:46pm On Jun 30 |
I want to learn |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 5:57pm On Jun 30 |
Agbalowomeri: Minority shareholders will buy the company from the core investor. I wonder why people will continue staying in a toxic marriage when the other party wants a divorce. Thank God I sold my PZ shares at N21 few months ago 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 6:20pm On Jun 30 |
Mankind2024: |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 6:22pm On Jun 30 |
People stay in toxic marriage with (PZ) for the following reasons: -They hope that things will eventually improve for PZ -They hope a falling knife phenomenon can be reversed due to past bad performance that later turned best. -They fell in deep love ❤️ for their darling PZ -They are being emotionally manipulated and gaslighting by PZ cowboys and Mr Market. When hope was lost in the marriage with PZ trading at km N40 to N4, and suddenly rose to N40 plus, and suddenly a divorce was instituted In a marriage that investors labour to save. Really not easy to accept such toxic divorce, which I think it is more toxic than the toxic marriage. emmanuelewumi: 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:59pm On Jun 30 |
OIL/GAS, INSURANCE AND BANKING SECTORS MAY OUTPERFORM SHORT TERM A 52-week sector analysis indicates that the oil and gas, insurance, and banking sectors may outperform the All-Share Index and the other sectors in the short term. Additionally, in the long term, the oil and gas sector is likely to perform exceptionally well. PLAN YOUR TRADES AND TRADE YOUR PLANS ![]() ![]() ![]() ![]() ![]() 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 7:01pm On Jun 30 |
zendi:International energy own na serious scam. You made offer since two yrs ago when dollars was #450 official. Why didn't they pay then.You want to pay the same amount when dollars is 1450 plus.They are capitalising on stupid offer because they have already gotten shareholders and regulatory approvals long ago 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 7:10pm On Jun 30 |
BullBearMkt:Oando follow for the oil and gas,lol That means I should still hold on my total oil.I believe is lubricant and others giving this guys money and not pms. |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:24pm On Jun 30 |
Mankind2024: Mcy and myself discussed something as this the other day |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:34pm On Jun 30 |
Mankind2024: My peace of mind is far better. I used the proceeds from the sale of PZ to buy Presco at sub N300 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 7:55pm On Jun 30 |
I'm betting on Tony Elumelu ecosystem to outperform the index by Dec 2024. Why I Decided to Invest in Tony Elumelu-Listed Companies and ecosystem. As a contrarian, long-term self-investor, I have been analyzing and following these companies since 2017: * UCAP Plc * Transcorp Hotels Plc * Transcorp Plc * UBA Plc * Afriprudential Plc *2024 - Transcorp Power Plc Reasons for My Investment Choices * UCAP Plc: I believe UCAP Plc is on track to reach a predictable N60 per share by 2028 assuming a slow growth rate and conservative capital appreciation. It is well-positioned to provide infrastructure funds, capital raising, and short- and long-term lnvestment banking services for the listed companies in the ecosystem. * UBA Plc: UBA Plc is likely to be the primary bank for this group of companies, UBA will provide the capital ingredients for the ecosystem. If TE releases the capital trapped in UBA, it would be one of the most capitalised Banks. * Afriprudential Plc: Afriprudential Plc is the designated registrar for all the mentioned companies and the ongoing potential for diversity. * Transcorp Plc: Transcorp Plc is a conglomerate with valuable assets under management. * Transcorp Power Plc: I view Transcorp Power Plc as a promising company with significant future earnings potential within the Tony Elumelu ecosystem. . * Transcorp Hotels Plc: The annual meetings for these companies are likely to be held at Transcorp Hotels Plc. The hotel is also a designated Choice for VIP dignitaries in Abuja, the Ongoing Lagos Transcorp Hotel project is another winning stroke. Investment objective In ten years, I believe a new seed of N10 million investment in this ecosystem could potentially return value to investors. Tony Elumelu is a TORTOISE investor. Journey with him from afar and join the next generation of NGX Billionaires. Disclaimer This is not a financial advice. 11 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:10pm On Jun 30 |
emmanuelewumi:You did well.i regret not picking presco at #270/280 after the good results. Now I am picking at #340/345 for long time.I wanted to use the fund for bond but changed my mind for possibility of #35 dividend and appreciation to #500 by yr end 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:13pm On Jun 30 |
Mankind2024:Is the ecosystem a new venture not yet listed on nse.So how are you investing in it |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 8:17pm On Jun 30 |
A good divorce by the boss. Presco in my portfolio is still showing the average cost price of N124 despite recent average up for inflation adjustment. My greatest weakness is I do not know how to divorce. The most difficult thing is when to sell? I have been watching lot of YouTube resources on when to sell, I haven't met the listed criteria yet. -When you need money -When the fundamental changes emmanuelewumi: 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 8:29pm On Jun 30 |
Omooloriredade: Definitely not rhetoric. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 8:29pm On Jun 30 |
You must have your Objective. I have been holding most of this companies for years, growing up in the ecosystem. Sewing N10M in the ecosystem is to average up and neutralize the ravaging inflation. And precise, Tony has spoken "Our dividend should not be spent for a better reward" At the closed of business on 28/06/2024, my UCAP average cost is still less than N6 due to April 2024 dividend reinvestment. With the ongoing rumors on UCAP, I will surely be tempted to stake more funds ,probably wait for UBA right issue. Transcorp plc, with the volatility and price stagnation, cost price is sub N3.50 So, it's difficult to follow the investment objective of a long-term investor in the Ecosystem. Streetinvestor2: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 8:33pm On Jun 30 |
Streetinvestor2: Nope, the companies under the umbrella of TE constitutes a financial / investment ecosystem. UBA UCAP Transcorp Plc Transcorp Power Transcorp Hotels Afriprudential All the companies can be brought together again as a holding company in the future. Transcorp plc gave birth to the hotel and power UBA registrars plus UACN gave birth to Afriprudential Registrars and UCAP. UBA was the merging of Standard Trust Bank and UBA. 2 Likes |
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