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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11880644 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 8:07am On Aug 01 |
ade205: UCAP should open today at N10. Btw N8 and N9 will be a good entry. Don"t sell at a loss. Buy more |
Re: Nigerian Stock Exchange Market Pick Alerts by Adinije(f): 8:12am On Aug 01 |
Mankind2024:I tried this calculation but it didn't put the stock on green. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:22am On Aug 01 |
unite4real: Might it go lower due to the "reddish" state of the market? N7.50 / N8 p.s. there are positive sentiments for ucap i guess.. let's see how it plays out.. i dey look |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:46am On Aug 01 |
To whom it may concern If you follow the hypes here during the bull movement of a stock... You go wound ooooo... Learn how to enter stocks when the ovations are dull and many are running away from it and hold it no matter how long then sell when your target is met or hold if it was bought for investments purposes... Look at OANDO that I was gambling and holding some when it was heavily castigated here as almost dead Why do you think I rushed into loading more of DS and NS? It's my strategy that's at play... Note... I still have CAVERTON and NEIMETH that haven't got to my CP and I'm willing to hold them till they become GEMS but my activities in OANDO and a few others have paid me handsomely... 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:51am On Aug 01 |
Dum20:I live in the moon |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 9:15am On Aug 01 |
Abeg make una lecture me, it closed at around 31 naira yesterday, how then will it now open at around 10 naira? Will it be for the same quantity? Will their dividends per share now reduce? unite4real: yMcy56: |
Re: Nigerian Stock Exchange Market Pick Alerts by ade205(m): 9:17am On Aug 01 |
OK.. Thank u unite4real: |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:33am On Aug 01 |
megawealth01:People way they always talk from two side of thr mouth . 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 9:39am On Aug 01 |
unite4real: U sure say UCAP go drop... D pple wey go de queue go plenty... at dat price.. Make we dey observe sha.. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 9:41am On Aug 01 |
ojesymsym:Opened at 10.05 |
Re: Nigerian Stock Exchange Market Pick Alerts by Testimonies777(m): 9:48am On Aug 01 |
Why are you so desperate to convince us to make money? What is your take in this? Is it commission? MLM marketing or outright SCAM haybhi1: 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 9:54am On Aug 01 |
Yes I saw it, but I non understand the mechanics of why it opened at that price. Is it a normal drop in price? Abeg help explain abeg for those of us that went to night class. yMcy56: |
Re: Nigerian Stock Exchange Market Pick Alerts by dapix: 10:00am On Aug 01 |
Ding 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 10:00am On Aug 01 |
ojesymsym:someone did the calculations here... that's how I got the information and jumped out with my capital while my profit ride along which will provide the bonus and interim.. Why I am patiently waiting to re enter |
Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 10:02am On Aug 01 |
Ucap already on Full bid @11.05! |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:03am On Aug 01 |
So Dangsugar records bad result, investors take it out on NASCON shareprice. Meanwhile Buafoods is still doing well, I wonder why DS keeps releasing all these bad results abi na them dey take all the fx losses for the entire industry? 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Testimonies777(m): 10:04am On Aug 01 |
They are giving 2 extra share for every one share you hold. So therefore they must divide the closing price on the Qualifications date by 3. That is how it works in the stock market with bonuses ojesymsym: |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:16am On Aug 01 |
Adinije: Given: ANS = Additional Number of Shares needed to break even CNS = Current Number of Shares OP = Old Share Price (your initial purchase price) CP = Current Share Price Formula: ANS = CNS × [OP − CP × (1 + 1%)] / [CP × 1%] This formula calculates the additional number of shares you need to buy to get as close to break-even as possible. Note ; The percentage (1% in this case in the numerator and denominator) used to adjust the current price can be varied. A smaller percentage will get you closer to the current price, but keep in mind that achieving the exact break-even point would theoretically require an infinite number of additional shares due to diminishing returns as you get closer to the break-even point. This is not advanced mathematics; it is just simple algebra. Try it out and let me know if it works for you. To confirm if you are correct, add your total previous investment (Current Number of Shares times Old Share Price) to the new calculated Additional Number of Shares needed to break even times the Current Share Price. Then, divide by the sum of the Additional Number of Shares needed to break even and the Current Number of Shares to get your BE. Bear in mind that I didn't add charges to avoid overcomplicating the formula with too many terms. I hope you still remember BODMAS 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 10:18am On Aug 01 |
Okay thanks, so the price did not really change, it is the quantity that increased. So the correct price is still the 10.05x3 if we were to use the previous quantity. Why this is important is that people do not start salivating or panicking thinking that there has been a drop in price rather than a change in quantity. If you had 100 quantity at 30 naira each, that is a value of 3000, that person will now have a quantity of 300 at 10 naira each with same value of 3000 naira. This is correct right? Testimonies777: |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 10:18am On Aug 01 |
ogoo4real: You know that that #1 gain is like #3 gain in effect because everyone has x3 the number of they had yesterday. |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:22am On Aug 01 |
Adinije: Get this book and see if you can find something valuable in it (2024 edition). I just got a copy; let's see if I can find the time to look at it. 2 Likes 1 Share
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Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:31am On Aug 01 |
yMcy56:UCAP full bid @11.05
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Re: Nigerian Stock Exchange Market Pick Alerts by ikemeze: 10:35am On Aug 01 |
yMcy56:please dear ymcy56, Where did get this?I need the website. |
Re: Nigerian Stock Exchange Market Pick Alerts by Adinije(f): 10:36am On Aug 01 |
ositadima1:Both your formula and his formula got me the same answer but 17k shares cannot breakeven. 3 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:36am On Aug 01 |
Testimonies777: It's the later |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:37am On Aug 01 |
ojesymsym:Both Dividend and bonus marked down..... I didn't remember to deduct Dividend, reason I arrived at 10.30 initially, should be lower actually. The calculation was done here sometimes ago by Osita and one other Oga, using different formula. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 10:38am On Aug 01 |
yMcy56: This thing may go much higher depending on how high they want to go. See that single transaction of 103k units? > |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:39am On Aug 01 |
ikemeze:It's from Morgan or Atlas's iTrade live data. Think other houses also have live trades.... that's if you're a client of any of them. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 10:41am On Aug 01 |
Thanks a lot. yMcy56: |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:45am On Aug 01 |
ojesymsym:From Osita ositadima1: |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:49am On Aug 01 |
Adinije: My dear, you will need a lot more units to come close; you will need about 1.6 million units to average down to 11.5 . Check your calculations or use Excel.
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Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 10:52am On Aug 01 |
This one na for PhD students ma, I wanted the night class version which you and one other chap have provided. Thanks a lot yMcy56:
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