Nigerian Stock Exchange Market Pick Alerts - Investment (7889)

Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,175,251 members, 7,894,124 topics. Date: Thursday, 18 July 2024 at 11:30 PM

Nigerian Stock Exchange Market Pick Alerts - Investment (7889) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11211512 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) ... (7886) (7887) (7888) (7889) (7890) (7891) (7892) ... (7895) (Reply) (Go Down)

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:40pm On Jul 17

4willer:
This might be the trend as Dangote refinery delivery date inches closer. Oando and Eterna are major players in its delivery chain.

I may be wrong but I don't think Oando will be supplying crude to Dangote.
At the last AGM, Oando said almost all its sales and receivables are now in USD; and I don't think it would be in the best interest of the nation if Dangote should be buying Nigerian crude in USD.

I think NUPRC would find a way to ensure that the domestic supply obligation to Dangote is be done in Naira (to ease pressure on USD/Naira rate and the local price of refined products), while Oando would still supply its foreign customers in USD.

Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 3:40pm On Jul 17

Laso09:

At Nosa, make you dey calculate eps by yourself o so that you will not enter bush.
UCAP forward eps is not N5.16 but N2 58 and the forward P.E is way higher than 7 that you quoted.....

the stated EPS is 258 in kobo not in Naira.so for the full year is 258×2=516kobo or 5.16 naira.No dey argue with agba nosa oooh,him be chief for this game.

Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 3:43pm On Jul 17

Picky1:

Yes o, Mega/Osita made me jump into CUTIX with two legs sometime ago and am kind of enjoying it now!
Naija companies being run by brilliant women deserves to be paid attention to....
Modified....Please always do your own DD!

enjoy your first-class ride.

Re: Nigerian Stock Exchange Market Pick Alerts by Bagwa: 3:51pm On Jul 17

https://doclib.ngxgroup.com/Financial_NewsDocs/41707_UNITED_CAPITAL_PLC-PROPOSED_INTERIM_DIVIDEND_AND_BONUS_CORPORATE_ACTIONS_JULY_2024.pdf

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:03pm On Jul 17

Picky1:

Yes o, Mega/Osita made me jump into CUTIX with two legs sometime ago and am kind of enjoying it now!
Naija companies being run by brilliant women deserves to be paid attention to....
Modified....Please always do your own DD!

ANAMBRA no dey disappoint

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Jonwest: 4:06pm On Jul 17

SonofElElyonRet:

Na who get referral code ?

That person is most likely a staff of access. Heard every staff of access have a target number of shares they have to sell

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:09pm On Jul 17

naturalflow:
the stated EPS is 258 in kobo not in Naira.so for the full year is 258×2=516kobo or 5.16 naira.No dey argue with agba nosa oooh,him be chief for this game.

TRUE

Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 4:13pm On Jul 17

4willer:
This might be the trend as Dangote refinery delivery date inches closer. Eterna are major players in its delivery chain.

The Chairman of the Dangote Group, Aliko Dangote, has said PMS from the refinery will hit the Nigerian market by the third week of July.

BARGAIN HUNTERS TAKE NOTE

Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 4:16pm On Jul 17

Choiceguy:

The Chairman of the Dangote Group, Aliko Dangote, has said PMS from the refinery will hit the Nigerian market by the third week of July.

BARGAIN HUNTERS TAKE NOTE

The latest information says it's August.

Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 4:18pm On Jul 17

naturalflow:
the stated EPS is 258 in kobo not in Naira.so for the full year is 258×2=516kobo or 5.16 naira.No dey argue with agba nosa oooh,him be chief for this game.

Thanks oh. Na how I take do the calculation.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 4:19pm On Jul 17

Bagwa:
https://doclib.ngxgroup.com/Financial_NewsDocs/41707_UNITED_CAPITAL_PLC-PROPOSED_INTERIM_DIVIDEND_AND_BONUS_CORPORATE_ACTIONS_JULY_2024.pdf

Wait first oh, a N33 stock pays interim dividend of N0.90k and the market gets excited. Cant wait to see bank results

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 4:28pm On Jul 17

nosa2:

Wait first oh, a N33 stock pays interim dividend of N0.90k and the market gets excited. Cant wait to see bank results

with bonus...2new for 1held

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 4:29pm On Jul 17

ZikkyChops:
FG to CBN: Unify the exchange rate market

CBN to Nigerians: Sorry, no fixed rate again. FX moves N460 to N1,500

Banks to shareholders: We just made record profits from forex gains

CBN to banks: don’t pay out forex gains as dividends.

FG to banks: we want to tax it to pay for 2024 budget

It’s all making economic sense 🤦🏽‍♂️

Copy.

it's crazy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 4:38pm On Jul 17

The banks should stop disturbing us especially "stingy" banks. They deserve no sympathy. Just merge and allow us rest grin

. Make una feel the heat too.

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:39pm On Jul 17

nosa2:

Wait first oh, a N33 stock pays interim dividend of N0.90k and the market gets excited. Cant wait to see bank results

...I think it's more of the bonus
grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:39pm On Jul 17

nosa2:

Wait first oh, a N33 stock pays interim dividend of N0.90k and the market gets excited. Cant wait to see bank results

What of Firstbank that paid 0.40k for a whole financial year grin

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:40pm On Jul 17

Zagee:
The banks should stop disturbing us especially "stingy" banks. They deserve no sympathy. Just merge and allow us rest . Make una feel the heat too.

First Bank follow for stingy? grin

Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 4:44pm On Jul 17

BullBearMkt:

...I think it's more of the bonus

Which is not a real return but dem go dey alright

Re: Nigerian Stock Exchange Market Pick Alerts by Olaide1295: 4:45pm On Jul 17

Is the windfall tax rate that the government want to tax banks on their forex gains public?

Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 4:46pm On Jul 17

https://nairametrics.com/2024/07/17/tinubu-proposes-one-time-windfall-tax-on-banks-foreign-exchange-gains-to-fund-new-n6-2-trillion-increase-in-2024-budget/

It all about himself...very useless fellow!!!

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:56pm On Jul 17

stcool:
https://nairametrics.com/2024/07/17/tinubu-proposes-one-time-windfall-tax-on-banks-foreign-exchange-gains-to-fund-new-n6-2-trillion-increase-in-2024-budget/

It all about himself...very useless fellow!!!

I have not read the article yet, but is this not shifting the goalposts? He is probably banking on Dangote Refinery and the other ones to possibly make things better for next year's budget. I heard this supplementary budget is to be able to pay the new increased workers' wages. Tinubu is a gambler, make him stake him 2 odds. cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 4:58pm On Jul 17

naturalflow:
the stated EPS is 258 in kobo not in Naira.so for the full year is 258×2=516kobo or 5.16 naira.No dey argue with agba nosa oooh,him be chief for this game.

Look very well again...
What is stated there is annualized which is also the forward eps of 258k or N2.58.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 4:59pm On Jul 17

megawealth01:

TRUE

Not true.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 5:02pm On Jul 17

Jonwest:

That person is most likely a staff of access. Heard every staff of access have a target number of shares they have to sell

Wahala for them

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 5:05pm On Jul 17

BullBearMkt:

...I think it's more of the bonus

The bonus looks too much oh.1 for 1 would have been better. Why do they want to push the Os to 18B from 6B.Tony why now.I know you are doing it because you need money for uba right and since cbn no allow you share forex gain too

Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 5:07pm On Jul 17

nosa2:

Thanks oh. Na how I take do the calculation.

PAT is N7,736,984,000
OS is 6,000,000,000
If you divide 7736984000 by 6b you are going to get N1.289 which is the eps at half year.
You will need to multiply this by 2 to get the 258k that was stated there which is the forward eps.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 5:18pm On Jul 17

nosa2:

Which is not a real return but dem go dey alright

Bros na big return oh though I would have preferred 1 for 1 so not to over dilute the Os and still have good retained earnings. If after the bonus the price goes back to #20.That is free #40 for every one unit. A bird in hand is better than 2 in the bush in this nse

Look at forex gain.i can see it but can't enjoy it.The government is now planning to enjoy it instead of the owner of the money. The yeye acces disturbing with ri.How much did they pay me for dividend. The late oga use the money go build better university for his generation. Fbn decided to pay 40kobo like one insurance company

Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 5:19pm On Jul 17

https://nairametrics.com/2024/07/17/tinubu-proposes-one-time-windfall-tax-on-banks-foreign-exchange-gains-to-fund-new-n6-2-trillion-increase-in-2024-budget/

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:20pm On Jul 17

Mankind2024:
https://nairametrics.com/2024/07/17/tinubu-proposes-one-time-windfall-tax-on-banks-foreign-exchange-gains-to-fund-new-n6-2-trillion-increase-in-2024-budget/

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 5:28pm On Jul 17

If they are to tax fx gains, they should as well allow dividends to be paid there from. It is not profit if shareholders do not benefit from it

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 5:29pm On Jul 17

Mankind2024:
https://nairametrics.com/2024/07/17/tinubu-proposes-one-time-windfall-tax-on-banks-foreign-exchange-gains-to-fund-new-n6-2-trillion-increase-in-2024-budget/

I am sure you are very ok with it.He is doing well

Re: Nigerian Stock Exchange Market Pick Alerts by Picky1: 5:33pm On Jul 17

Streetinvestor2:
I am sure you are very ok with it.He is doing well

Bros, how do you mean ok with it?
Good guys are cracking their heads on how to solve problems and make money, those who run naija gov't (bad guys) are cracking theirs planning how to steal the money from the good guys!
Which kind wahala be this? cool

(1) (2) (3) ... (7886) (7887) (7888) (7889) (7890) (7891) (7892) ... (7895) (Reply)

Viewing this topic: Hedgefunds, owolabi5, laivwire(m), 1jboi and 4 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. 37
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.