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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11602195 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 BullBearMkt(m): 9:19am On Jul 13 |
Mankind2024:...not sure NGX has index that measures volatility. However, there are many TA tools that can be used to estimate volatility, one of such is ATR, average true range. The chart below depicts a monthly adjusted volatity levels (highlights) for our All-Share Index. Support and resistance lines were provided in the previous chart as well.
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Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 10:01am On Jul 13 |
Agbalowomeri:...correct! Becomes clear as recent as April |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:42am On Jul 13 |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:27am On Jul 13 |
ositadima1:Abeg who is the lion here.... hope it is not the white lion of kogi state type you ment |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 12:02pm On Jul 13 |
Streetinvestor2: If you doubt its performance, enter the cage and see firsthand whether it is truly a lion. |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 3:48pm On Jul 13 |
SHOULD OANDO PULLBACK In case there is a pullback on OANDO, 3 possible scenario to BUY the stock (IF INTERESTED) 1. Highly Aggressive: 14.95 - 15.60 2. Aggressive Area: 12.50 - 13.85 3. Conservative: 8.75 - 9.75 PLAN YOUR TRADES AND TRADE YOUR PLANS 2 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:58pm On Jul 13 |
BullBearMkt: Peter said we should wait at the conservative level 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:00pm On Jul 13 |
BullBearMkt: Is there no super-conservastive? 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:05pm On Jul 13 |
BullBearMkt:Thr is still possible bonanza scenario.which is below the 7.07 price Pls help with the 3 scenario for upwards in a case it doesn't pull back and pull up. |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:06pm On Jul 13 |
Agbalowomeri:I guess it is bonanza period then |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:09pm On Jul 13 |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:11pm On Jul 13 |
Agbalowomeri: Leave Oando alone |
Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 4:21pm On Jul 13 |
Streetinvestor2: Una Don drag street come out,it is remaining the other guy his moniker start with M 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:25pm On Jul 13 |
Streetinvestor2:TA has a tool, Fib Extention, that could be used to estimate possible Target Taket Profit Points. - Fib Extention estimates: the next is about 20.84 (approx. 21), then 28.5 - Another your personal target goal - Well, for now I think FA intrinsic value might likely be -ve
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Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 4:36pm On Jul 13 |
Choiceguy: Nigeria's Dangote Refinery Branches Out Into Brazilian Crude they will recieve the product by second half of next month. BARGAIN HUNTERS TAKE NOTE |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 6:19pm On Jul 13 |
With the moves of OandO MM, I expect them to remain AGGRESSIVE until another round of news filters in... BullBearMkt: |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 6:21pm On Jul 13 |
Choiceguy:People are busy following whr the real money dey....crude oil.You are here talking about some company selling petrol who those not even fall within the major marketers that have outlets everywhere..I hope the company retain earnings is not still negative too.Oga masquerade get level. And I don't equally understand the M moniker. It looks he is like Agba....one man stock or na wale rep for here..He only talks about my betnaija stock. |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:54pm On Jul 13 |
FA for totalenergies, hit or miss? Let's analyze the financial data for TotalEnergies Downstream Nigeria from 2021 to 2023. Key Financial Ratios Analysis Liquidity Ratios: 1. Current Ratio: - 2021: 1.00 - 2022: 1.03 - 2023: 1.03 - Analysis: The current ratio remains stable and slightly above 1, indicating that the company has just enough current assets to cover its current liabilities. 2. Quick Ratio: - 2021: 0.82 - 2022: 0.79 - 2023: 0.79 - Analysis: The quick ratio is below 1, showing potential liquidity issues as the company may not be able to meet its short-term liabilities without selling inventory. 3. Cash Ratio: - 2021: 0.39 - 2022: 0.33 - 2023: 0.29 - Analysis: The declining cash ratio indicates reduced cash reserves, making it difficult for the company to cover its short-term obligations with cash alone. Profitability Ratios: 1. Gross Profit Margin: - 2021: 16.1% - 2022: 12.5% - 2023: 12.9% - Analysis: There is a decline in gross profit margin from 2021 to 2022, with a slight recovery in 2023, suggesting increased cost of goods sold or pricing pressures. 2. Net Profit Margin: - 2021: 4.9% - 2022: 3.3% - 2023: 2.0% - Analysis: The net profit margin is decreasing, indicating declining profitability possibly due to increased operating expenses or reduced revenues. 3. Return on Assets (ROA): - 2021: 8.1% - 2022: 5.2% - 2023: 3.4% - Analysis: A decreasing ROA shows declining efficiency in using assets to generate earnings. 4. Return on Equity (ROE): - 2021: 40.5% - 2022: 32.1% - 2023: 23.0% - Analysis: ROE is significantly decreasing, indicating reduced profitability and potentially increased financial leverage. Efficiency Ratios: 1. Asset Turnover Ratio: - 2021: 1.64 - 2022: 1.57 - 2023: 1.69 - Analysis: A slight increase in 2023 indicates improved efficiency in using assets to generate sales. 2. Inventory Turnover Ratio: - 2021: 11.26 - 2022: 9.54 - 2023: 8.32 - Analysis: The inventory turnover is declining, suggesting slower movement of inventory and potential overstocking issues. 3. Receivables Turnover Ratio: - 2021: 6.49 - 2022: 5.50 - 2023: 4.82 - Analysis: A declining receivables turnover ratio indicates slower collection of receivables, impacting cash flow. Leverage Ratios: 1. Debt Ratio: - 2021: 0.80 - 2022: 0.84 - 2023: 0.85 - Analysis: The increasing debt ratio shows growing reliance on debt to finance assets, which could be risky. 2. Debt-to-Equity Ratio: - 2021: 4.02 - 2022: 5.12 - 2023: 5.69 - Analysis: The debt-to-equity ratio is increasing, indicating higher financial leverage and potential solvency issues. 3. Interest Coverage Ratio: - 2021: 15.03 - 2022: 5.55 - 2023: 2.72 - Analysis: A sharp decline in interest coverage ratio suggests decreasing ability to meet interest obligations from earnings, increasing financial risk. Market Value Ratios: 1. Earnings Per Share (EPS): - 2021: 49.66 - 2022: 47.47 - 2023: 38.03 - Analysis: The decreasing EPS reflects declining profitability and potentially reduced shareholder value. Free Cash Flow to Equity (FCFE) Analysis: 1. FCFE (in '000 NGN): - 2021: -10,554,927 - 2022: 43,197,064 - 2023: -51,769,578 - Analysis: FCFE is highly volatile with significant negative values in 2021 and 2023, and a large positive value in 2022. This indicates fluctuating free cash flow available to equity holders, affected by changes in net borrowing and working capital. Here are the considerations for a buy, sell, or hold decision: Buy: - Positive Aspects: The company showed some resilience in gross profit margins in 2023 and a slight improvement in asset turnover. The company had a significant positive FCFE in 2022, indicating potential for high returns during certain periods. - Potential Catalysts: If the company can improve its efficiency and manage its debt levels better, it could become a more attractive investment. Sell: - Negative Aspects: Declining profitability metrics such as net profit margin, ROA, and ROE over the years. Increasing debt levels and decreasing interest coverage ratios indicate higher financial risk. Volatility in FCFE and negative cash flows in 2021 and 2023 highlight cash management issues. - Risks: The high debt-to-equity ratio and lower liquidity ratios suggest financial instability, making it a risky investment. Hold: - Neutral Aspects: Stable current ratio and slight recovery in gross profit margins in 2023. If you already hold the stock, you might want to wait and see if there are any strategic changes or improvements in the company’s financial health. Conclusion: Given the mixed results, the high debt levels, and declining profitability, selling might be the most prudent action if you are risk-averse. But, if you believe in the company’s long-term strategy and potential for improvement, you might consider holding. DD. 20 Likes 2 Shares
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Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:21pm On Jul 13 |
Nice job. But that q1 2024 result. Hmmm |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 3:44am On Jul 14 |
ndept:@ndept, I was about to fulfill my promise to you during the week, but when I checked your profile, I realised you are more of FA guy. In order not to waste my time, let me know your thoughts on ETRANZACT. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by MeezPat(f): 6:40am On Jul 14 |
Nice Osita, Did you do this one by one or from an investing portal. ositadima1: |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 7:40am On Jul 14 |
MeezPat: No, I copied the audited financial statements, like copying the pages and pasting them to Claude, and queried it to make the calculations based on my chosen ratios. These AIs are getting smarter. It extracted what it needed and the values, knew under which year to look for the corresponding number, and knew to add 000 to each value. It gave detailed calculations which I didn't paste here for space reasons. The free cash flow was calculated with net borrowing in consideration, hence the negative values; the FCF without it is all positive, though I didn't show it. Then I asked it to analyze the results. It seems Total is very leveraged; I think this is common in Nigeria, which is why banks are making lots of money. Most Nigerian companies run on loans. I think Total will reach 425, based on my other personal valuation using FCF (without net borrowing factored in) discount method with Monte Carlo simulation. The simulation ranged between 300 and 560 naira. Do your own estimation and let me know what your target is as well. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 7:45am On Jul 14 |
ositadima1: Omo...u dey try Oo!! 🙌🙏 These giveaways ain't cheap. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:40am On Jul 14 |
BullBearMkt:ok boss,we will see the one that plays out from now to October btw the down or up swing |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:46am On Jul 14 |
Rich and kind of you ositadima1: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 10:55am On Jul 14 |
The cost of timing the market. Evidence based market research analysis. 2 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:03am On Jul 14 |
ositadima1:You try well My own is based on street analysis. Total has already touched 425 within day swing in price. Total will be heading for 600 after second quarter result. If you use Total products beside pms you will understand. The fuel treatment others sell for #1500 -#2000.That of Total is #4500.The cost of thr lubricant and others is now something else. They are the next enjoying in marketing pms so far beside nnpc station. Then thr heavy duty engine oil and oil in big gallon is what most people in that category use.The result for 2024 go loud. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 11:23am On Jul 14 |
Retirement can become a trap of poverty for some individuals because they failed to invest their limited resources during their working years. This is a mistake we need to address now. While still working, it's essential to set aside a portion of our earnings and invest them wisely to secure our financial future. 10 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:53pm On Jul 14 |
Streetinvestor2:Total wey I expect to be the next Seplat |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:47pm On Jul 14 |
Mpeace:i no follow you for that high hope oh.Saplet no be total mate ..The total listed for nse is not into crude oil and gas.Total for nse na just marketing company. Na my betnaija stock in future if they can turn things around in yrs to come can go that way. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:09pm On Jul 14 |
Streetinvestor2:Na so una tell me when I enter seplat that year. Only time will tell sha |
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 4:08pm On Jul 14 |
Have you ever wondered if all the personal wealth building principles we share here really work? This week on the podcast, we have a chat with a retail investor, Mr Sam, whose life story embodies all the principles we advocate on the podcast. He shares how he went from not having shoes to wear to school to being able to comfortably retire today, if he chooses to, in his early 50's. We hope this episode encourages you to continue your journey to wealth wherever you might have started from. Thanks for listening and sharing... https://open.spotify.com/episode/7uUICyNCyBlIGY8tgSaazc?si=QafYuHIoRxW-onUtnxvdzg 5 Likes
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