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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11415127 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 GracefulLau: 11:04am On Jul 02 |
Mankind2024:Please can you guide me on how to do that? @adding the Mag7 or S&P 500 NYSE to your portfolio Thanks 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 11:06am On Jul 02 |
This is very reassuring for me: https://x.com/thetope_ajayi/status/1807872149517947069?s=46&t=S-fB0C8yRxjxeCDpRFi4rw |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:07am On Jul 02 |
Mankind2024: Please explain more on the Mag7 or S&P 500 NYSE. What is it all about? Do they pay dividend? What medium do you use to invest? What is the risk profile? etc. Thanks. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:29am On Jul 02 |
nosa2:No be small thing o. Na to say make someone like me wey no get portfolio just do 'pim'. Una no go intimidate us finish for here, e no go werk. ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 11:32am On Jul 02 |
yMcy56: I’m guessing unlike banks, insurance can pay dividends from FX gain, correct? Although it’s mostly cash and bonds as at dec 23
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Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:33am On Jul 02 |
nosa2: In terms of dividend yield GTB is overpriced. |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:39am On Jul 02 |
nosa2: hmmm gtb fv is something else my bro. best of the best so far.. zenith no near, i expect more price widen ![]() my opinion ![]() ![]() ![]() 7 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:42am On Jul 02 |
bovali:That's Cornerstone right? - I doubt if it's equally allowed for insurance to pay dividends from FX gains... * HOWEVER some of these insurance companies are now performing better unlike before. Some making additional revenues from subsidiaries and investment incomes. CORNERST for instance has been improving over the years......came out of zero div payment, paid 5k in 2021 fye, 6k in 2022 fye (at least no known FX gains then), and now paying 16k for 2023 fye..... that's +60% increase in dividend payout for the last FY. This is a good development I Blvd. I think aparty towards the sector as well as past experiences of some investors are still responsible for the unpopularity. **Modified** Dividends Maybe they paid out of FX gain, I'm not sure but will try and clarify this. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 11:47am On Jul 02 |
currentprice: Too much of a good thing is a great thing. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 11:48am On Jul 02 |
Heishere: I've always wondered why people love dividends so much. You get charged 10% for taking profits on your own company profit. I wonder why Nigerian companies dont do share buyback schemes. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:56am On Jul 02 |
Agbalowomeri: currentprice: Go a step further and do a trend analysis (looking at effective retracement zones) together with the proficient use of the DFTS... and you'd see that even the WTF you highlighted has done something to form a directional bias. You can work around the stochastic or other momentum indicator (ref: W%R) to give you a "lead clue". Even a wave analysis should give one a clue. TA requires you to work around the chart and not just work with the chart. On the part in italics, there are quite some solid PVA to show that DS will most likely not get to that N32--33 price you stated. ...quite some solid reasons. ![]() ![]() ![]() The prob of occurrence has only diminished in recent time. (ref: WTF PVA) For one thing, that price range is not a strong support level. Infact, it's not even a KL neither is it a PSL. Narrow probability is if something happens on the MTF. ...but that will change the coys long-term structure and create... ![]() ![]() The only thing that can bring about that price will be either a bad Q2/H1 financial print or some bad report/sector event. What I see in DS now is another version of what I saw in JULIUS BERGER @ N30--31 before recommending it to my outline subscribers. With DS, one thing is certain though; some folks will see an opportunity, grab it with both hands and reap bountiful reward in time while some will exit out of panic and later lament bitterly. Pls be guided accordingly. CAVEAT: NOT to be inferred as an investment advice. ...due diligence still applies as always. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 11:57am On Jul 02 |
Japaul's private placement was to raise funds to acquire Chinese companies with gold mine and other mineral deposits as well as to establish a gold refinery... they need time to actualize their plans.. if they pull it off , Japaul would be big.. gold is big .. additionally the mines are in osun state which is peaceful as against the mines in the north.. https://businesspost.ng/economy/japaul-wants-fresh-n20bn-for-gold-refinery-acquisition-of-hh-mines-covenant-gems/ Japaul Wants Fresh N20bn for Gold Refinery, Acquisition of H&H Mines, Covenant Gems November 8, 2023 Dipo Olowookere japaul oil By Dipo Olowookere About N20 billion is needed by Japaul Gold and Ventures Plc for the acquisition of H&H Mines Limited and Covenant Gems and Gold Minerals Limited. A statement signed by the company secretary, Mr Michael Edeko, disclosed that part of the fresh funds would be used by the mining firm to establish a gold refinery. The organisation explained in the notice filed to the Nigerian Exchange (NGX) Limited that the additional capital would enable it to reposition itself as “a market leader in the mining sector.” Japual, which trades its stocks at the country’s main bourse, further disclosed that the new funding would be sourced from “identified investors” through special placements. The company is looking to offer these investors a total of 8 billion ordinary shares at a unit price of N2.50. At the moment, an application has been submitted to the Securities and Exchange Commission (SEC) for approval. When authorised by SEC to go ahead with the special placements and the funds secured, Japaul said it would take a 50 per cent stake in H&H Mines and a 100 per cent stake in Covenant Gems. According to the firm, feasibility studies have been conducted to determine the value the acquisitions would give to the company and shareholders at large. “This is to notify the Nigerian Exchange (NGX) Limited and the investing public that following the company’s board resolution dated June 14, 2023, the company has applied to the Securities and Exchange Commission (SEC) to raise additional capital in the sum of N20 billion through special placements with identified investors. “The proceeds of the placements shall be applied primarily to finance the expansion of the company’s minefields through the acquisitions of a 50 per cent stake in H&H Mines and a 100 per cent acquisition of Covenant Gems and Gold Minerals Limited in Eti-Oni, Atakumosa Local Government, Osun State (assets for shares exchange) and the establishment of a gold refinery to maximise value. “The transaction is aimed at reinforcing the primary business of the company as a mining-focused enterprise and repositioning it as a market leader in the mining sector. “The mining lease of H&H Mines Limited based on the Competent Persons Report (CPR) confirms a gold reserve in excess of 20,000kg, while Covenant Gems and Gold Minerals Limited minefields contain copper and mineable gold with 97 per cent,” the disclosure said. |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 12:00pm On Jul 02 |
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Re: Nigerian Stock Exchange Market Pick Alerts by iHaveMadeiT2: 12:13pm On Jul 02 |
Agba don change mouth and CP don appear, so it seems the worst is over |
Re: Nigerian Stock Exchange Market Pick Alerts by Lexzokomo: 12:16pm On Jul 02 |
currentprice:boss good afternoon, trust you are good? please what is the 0.01 on the diagram below just on top of the orange arrow, from meta trader5
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Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 12:30pm On Jul 02 |
onegentleguy: I always read but never ever understand. Could it be that most of your write-ups are for some people who u mentor outside exclusively on the art of understanding such? Me i am not just understanding. Maybe you need a book reviewer to help us. make i buy or sell or hold and at what time frame. na the kind thing wey i dey understand easily be this. 8 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:34pm On Jul 02 |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:35pm On Jul 02 |
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Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 12:41pm On Jul 02 |
Lexzokomo:That is know as a lot size. Imagine you have a big box of chocolates. When you want to sell or buy chocolates with your friends, you don't just trade one piece at a time. Instead, you agree to trade a group of chocolates all at once, like a bundle of 10 chocolates. In trading, a "lot size" is like that bundle of chocolates. It's a way of grouping things together so you don't trade just one thing at a time. For example: Standard Lot: This is like trading 100,000 chocolates all at once. It's a big bundle. Mini Lot: This is like trading 10,000 chocolates. It's a smaller bundle than a standard lot. Micro Lot: This is like trading 1,000 chocolates. Even smaller. Nano Lot: This is like trading 100 chocolates. The smallest bundle. When traders talk about lot sizes, they're talking about how many units of something they are trading all at once. It makes it easier to manage and understand how much is being traded. So that 0.01 is like a nano lot 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 12:47pm On Jul 02 |
vacanci:This is what he said in simple terms. OGG please correct me if i assumed any incorrectly: Analyzing Trends and Using Tools: Look at how prices have moved in the past and where they have temporarily stopped and then continued in the same direction (retracement zones). Use the Dynamic Financial Trend System (DFTS) to analyze these trends effectively. You'll see that the point you mentioned (WTF - Watch This Factor) is also showing a trend direction. Use indicators like the Stochastic Oscillator or the Williams %R (W%R) to measure the speed and strength of price movements and get hints about future prices. Another method to study price patterns, called wave analysis, can also give you clues. When doing technical analysis (TA), explore different parts of the chart to understand it better. Price Predictions: The part in italics indicates strong evidence (Price Volume Analysis - PVA) showing that the price of the stock DS will probably not reach N32-33. The likelihood of this happening has decreased recently (referring to the WTF and PVA). That price range is not a strong support level (a level where the price typically stops falling). It’s not a key level (KL) or a psychological level (PSL) either. Unlikely Scenarios: For the price to reach that range, something significant must happen in a different timeframe (Multiple Time Frame - MTF). This would change the company’s long-term structure. The only way the price will drop that much is if the company has a very bad financial report for the second quarter or half-year (Q2/H1) or if there’s a negative event in the sector. Opportunities and Risks: With the stock DS, some people will see an opportunity to invest and benefit greatly over time. Others might panic and sell, only to regret it later. Produced by OGG Translator ![]() 10 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:49pm On Jul 02 |
Mankind2024: Please don't wish to be like me oooooo. My portfolio wey never near N5 million 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 12:51pm On Jul 02 |
bovali: thank you so much. i understand this but i hope he won't reply you that what you wrote was not what he mean't because i have seen that played out before when someone interpreted his write-up |
Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 12:52pm On Jul 02 |
yMcy56: I also noticed a lot of them are mostly making investment income and are moving into the asset management space. Thanks for the clarification |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 12:55pm On Jul 02 |
vacanci: ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 12:57pm On Jul 02 |
vacanci: I think the fellow I replied should understand the post. Am sorry if you don't. And yes DS is a buy. ...N39--43 price level is an opportunistic one. Pls note that I do not give free recommendations all the time. Except for a few cases where I decide to drop a FA and/or TA guide like the last 3 of ACCESSCORP, C&I LEASING and MBENEFITS @ N17.85, N2.55 and 56k in that order, I usually attach a fee for some of my services. This is not necessarily for you though. ...it's for those who still bombard my E-mail box with one form of request or the other. Sometimes, even those who pay a fee willingly and without any request from me, make less financial service demand than those who want free service. ![]() ![]() ![]() Those who demand for free service are twice as much. ![]() ![]() ![]() Well, I'LL ALWAYS TRY TO HELP when I can. But I will also attach a fee for certain class of financial service... and on this, I am unapologetic. People should be guided accordingly. It is well 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Lexzokomo: 1:06pm On Jul 02 |
bovali:Thank you very much for the response Bovali, a question again, is the lot size same as leverage |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:08pm On Jul 02 |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:15pm On Jul 02 |
vacanci: The truth is that TA as a predictive tool is hit or miss. TA can tell you what has happened or what is currently happening; it can indicate whether we are in an uptrend or downtrend and whether the market is overbought or oversold, etc. But, the market can remain oversold for longer than expected, making it impossible to be certain about future movements. FA is another valuable tool. It can help you understand the value of a stock and determine whether it's undervalued or overvalued relative to its current market price. But, FA cannot predict when stocks will move, which is why OGG cannot provide timing in his analysis. There may be means of predicting market movements, both legal and illegal. I believe TA and FA should be used together to improve outcomes. For instance, FA might indicate that a stock is priced well, while TA could suggest that now is probably a good time to enter. Alternatively, they could be used to identify when a stock has become overpriced. Note that neither TA nor FA are truly predictive tools. Predictive capabilities may be found in methods like statistical modeling or machine learning algorithms. Don't misunderstand me, though – you can use TA and FA to make substantial profits if you understand them well. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:19pm On Jul 02 |
And then there are TA methods that are pure rubbish, such as Elliott Waves and Fibonacci retracements. These approaches are so subjective that 1,000 different people can draw their own unique conclusions from the same chart. ![]() 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 1:20pm On Jul 02 |
Good Afternoon my ogas. Please what study materials/courses would you recommend that can help me improve in the art stock valuation? I believe there's a lot I can achieve in the remaining half of this year and beyond if I'm armed with this skill... Please help a baby in the industry trying to find her footing. Thank you ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 1:20pm On Jul 02 |
yMcy56: You are right. It's unusual to give out all these personal details. In another forum I am on you are not allowed to do this unless you post your portfolio and trades you claim to have made gains or loses. |
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