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Nigerian Stock Exchange Market Pick Alerts - Investment (7935) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by 4willer: 2:17pm On Jul 31
WEMA came in with a fantastic result of 270% growth in Q2 2024, pre-tax.

Very good result, positioning it for a good Q3 performance. That stock is a quiet achiever,
,
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:19pm On Jul 31
4willer:
WEMA came in with a fantastic result of 270% growth in Q2 2024, pre-tax.

Very good result, positioning it for a good Q3 performance. That stock is a quiet achiever,
,

E no go move price. Good for mid to long term
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:19pm On Jul 31
megawealth01:


You are doing well

I have officially loaded more DS at giveaway prices today...

It's for long-term...

I'm a good risk taker
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:20pm On Jul 31
4willer:
WEMA came in with a fantastic result of 270% growth in Q2 2024, pre-tax.

Very good result, positioning it for a good Q3 performance. That stock is a quiet achiever,
,

Unity Bank suppose start making profits from quarter three
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:20pm On Jul 31
megawealth01:


I have officially loaded more DS at giveaway prices today...

It's for long-term...

I'm a good risk taker

You are in NASCON too?
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:21pm On Jul 31
Agbalowomeri:
Dem don dey extend closing date for RI Lol. You go explain tire😂
Are you serious. I thought they said they already have the money and don't really need our own.The same thing with IB that has been on arrangee bid and will still close at low.They should move it to #5 plus and see how we go supply them offer.I will not sell at loss when I no steal the money. The banks think it is still the days when nigeria still dey operate analog brokers or not investment informed..And we paid plenty sch fees for rubbish

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 2:23pm On Jul 31
ositadima1:



You want to commit more money to a company that has clear issues? This looks more like an emotional move to me. If I were you, even if I wanted to average down, I would wait to see positive financials or corporate disclosure. Even if a merger is planned, how do you merge a company that is carrying negative equity? It will surely significantly reduce the controlling ratios of DS (I maybe very wrong).

Anyway, Mcy56 said the loss has already been priced in. The experts have spoken, sha. undecided

it was an emotional investment in the first place. Normally I invest in stocks with at least >=10% dividend yield. I was averaging up on DS because of the merger. I still believe in the merger and will average down like Ogg advised...

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:23pm On Jul 31
SonofElElyonRet:


You are in NASCON too?

Yes... Did heavy job on that yesterday...

NOTE:

I said that I ain't buying because of "THE MERGE" yesterday

I loaded more because I wan dey follow dangote grin

Na refinery I dey wait for now

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:26pm On Jul 31
Heishere:


it was an emotional investment in the first place. Normally I invest in stocks with at least >=10% dividend yield. I was averaging up on DS because of the merger. I still believe in the merger and will average down like Ogg advised...

Good luck. cool

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 2:26pm On Jul 31
KarlTom:
I am not good with TA/FA/SA. wink



You can refer to this post by BB or contact him for entry points...


What is your level of certainty regarding the rumors?
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 2:26pm On Jul 31
[quote author=onegentleguy post=131242365]

If truly you have a stake in the coy, it'd be better to hold at this time. You can average down at key price points if you're good in TA, otherwise do nothing. But don't sell at a loss. ...especially if you don't have a pressing need for fund.

Same goes to all those who genuinely are in it. (not those who claim to be) wink cheesy grin

PA and volume distribution is already showing that the asset price is near a FVZ.
...before you will come back here to lament. cheesy cool

"The reason most analysts 'will sing songs of FEAR, is because they are ready to dance to a different melody of GREED and also do the opposite after having you dance to several rocks of excitement'.
...the key lies in knowing when to draw a thin line between and adjust your footsteps accordingly."

~Sinclair

Thanks for the response!!
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:27pm On Jul 31
ositadima1:


I never knew CP pulled entry prices from a hat; I thought he used the FA, aka bedsheet. How do you expect the old entries to still hold in light of new information? It is well. If I tell you that if the merger lingers till year-end DS will touch 20, you will say I don't know what I am talking about. Watch that 46 closely; if it breaks through that before breaking through 30, then I know 20 is not happening. But if it gets to 30, then hmmmm.

By the way, I pulled out today with a small loss. I have invested since the middle of last year. I was in when it hit 80, and now this. Let me put the money somewhere else while I watch it. I will come back in later when I see improvements. If the merger happens while I am out, it's ok. You win some and you lose some. Let the money be generating some returns first. I wish the people on the bus luck. I will keep posting my analysis as I get more info.
I will be happy to see it too at that price. I have not finished buying it for my next generation. They have a product that is always in demand or don't even meet local demand. I noticed the investment in the biological asset now is #18B plus too. You know I have been with them from IPO....I attachments to alhaji because he is richest man for naija. I like to follow the man with big belle.It payed me in his flour final sell off

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:28pm On Jul 31
BullBearMkt:
DANGSUGAR IN ANOTHER HEAVY LOSS, A SELL?
The stock price currently hovering around Bullish Order Block. The stock has potential of reversal at this level. Wait for rejection candle for confirmation

PLAN YOUR TRADES TRADE YOUR PLANS
grin grin grin grin grin

This post was what made me opt into loading more of DS after my own due diligence so I have no one to blame but praise when the harvest steps in grin
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 2:28pm On Jul 31
ositadima1:


I never knew CP pulled entry prices from a hat; I thought he used the FA, aka bedsheet. How do you expect the old entries to still hold in light of new information? It is well. If I tell you that if the merger lingers till year-end DS will touch 20, you will say I don't know what I am talking about. Watch that 46 closely; if it breaks through that before breaking through 30, then I know 20 is not happening. But if it gets to 30, then hmmmm.

By the way, I pulled out today with a small loss. I have invested since the middle of last year. I was in when it hit 80, and now this. Let me put the money somewhere else while I watch it. I will come back in later when I see improvements. If the merger happens while I am out, it's ok. You win some and you lose some. Let the money be generating some returns first. I wish the people on the bus luck. I will keep posting my analysis as I get more info.
Hi Osi. Thank you for this. In light of their H1 performance, I've decided to hold on on my re-entry to DS till I see greenlight. As for NS Omo! 40% loss is a hard pill to swallow o. If the merger news comes like a thief in the night then at least my NS go still be DangFoods cry cry... But for now, na Siddan look. I'd just channel my funds elsewhere rather than to average down. God will be with everybody 🥲🥲

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by 4willer: 2:33pm On Jul 31
But it is still under ssuspension nah..

megawealth01:


Unity Bank suppose start making profits from quarter three
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:35pm On Jul 31
Streetinvestor2:
I will be happy to see it too at that price. I have not finished buying it for my next generation. They have a product that is always in demand or don't even meet local demand

Like I mentioned in the analysis, the company has a good product and market share, which is evident from the increasing revenue. However, they also have a significant problem. Look at how Buafoods is managing theirs. I don't like the fact that my money has been sitting idle for a year. I will return when I see value again; after all, DS sells in millions every day. Maybe I'll come back with double what I pulled out today when I feel more comfortable.

I don't know anything, so follow the "experts". I just try what I can. cheesy

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:45pm On Jul 31
4willer:
But it is still under ssuspension nah..


YES on NGX... The bank is still banking na grin
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:47pm On Jul 31
ositadima1:


Like I mentioned in the analysis, the company has a good product and market share, which is evident from the increasing revenue. However, they also have a significant problem. Look at how Buafoods is managing theirs. I don't like the fact that my money has been sitting idle for a year. I will return when I see value again; after all, DS sells in millions every day. Maybe I'll come back with double what I pulled out today when I feel more comfortable.








Your move is much in order. I did it with con oil and JB.The only difference I sold them with good profits and moved it to my betnaija stock. I still have good BE with sugar

I don't know anything, so follow the "experts". I just try what I can. cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Zegra: 3:04pm On Jul 31
[quote author=Streetinvestor2 post=131244752][/quote]

The stock closed flat today. cool
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:07pm On Jul 31
Streetinvestor2:
Your move is much in order. I did it with con oil and JB.The only difference I sold them with good profits and moved it to my betnaija stock. I still have good BE with sugar

Same thing with UCAP. My BE is around 2.6, so I am very comfortable when it dips like today. In fact, with this interim dividend, I will be getting more than I initially invested. It is like free money. But with DS, chai, I entered and kept adding to it, bringing up my BE. I saw the signs and should have left earlier. People like CP left near the peak and even bought a car for his wife from the proceeds. but it is well. grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by MrDiligence: 3:27pm On Jul 31
ositadima1:


Same thing with UCAP. My BE is around 2.6, so I am very comfortable when it dips like today. In fact, with this interim dividend, I will be getting more than I initially invested. It is like free money. But with DS, chai, I entered and kept adding to it, bringing up my BE. I saw the signs and should have left earlier. People like CP left near the peak and even bought a car for his wife from the proceeds. but it is well. grin

Alhaji don do people strong tin grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by cocolacec(m): 3:46pm On Jul 31
Anyone got dividend from Linkassure today?
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:02pm On Jul 31
I expected a RESET to default setting not this one we are seeing... wink

Mfunkynation:

After fake bonus.... what did you expect
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:05pm On Jul 31
0%

Heishere:


What is your level of certainty regarding the rumors?
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:08pm On Jul 31
cocolacec:
Anyone got dividend from Linkassure today?

I am expecting but yet to see anything. Though I filled my e-dividend made only last week.
Re: Nigerian Stock Exchange Market Pick Alerts by cocolacec(m): 4:12pm On Jul 31
Raider76:


I am expecting but yet to see anything. Though I filled my e-dividend made only last week.

Ok
Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 4:30pm On Jul 31
MTN might be a good buy

Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 4:41pm On Jul 31

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:52pm On Jul 31
lionshare:
MTN might be a good buy

3 years ago people predicted MTNN will hit 400. It never did, and probably never will. There's something about SA companies that keeps me away.
Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 5:02pm On Jul 31
Raider76:


3 years ago people predicted MTNN will hit 400. It never did, and probably never will. There's something about SA companies that keeps me away.
Food for thought- Any ideas?
Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 5:05pm On Jul 31
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:33pm On Jul 31
Raider76:


3 years ago people predicted MTNN will hit 400. It never did, and probably never will. There's something about SA companies that keeps me away.

grin

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