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Nigerian Stock Exchange Market Pick Alerts - Investment (7943) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 12:53pm On Aug 02
OANDO...

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:55pm On Aug 02
Mfunkynation:
Has Ikeja hotel cancel the first bonus the announced?
Not aware the first one of 2022 was cancelled.
Will try and do more findings.....
OR, you can also email their Registrar to find out.
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 12:57pm On Aug 02
Streetinvestor2:
Yes I was of the same opinion when labour closed the doors of banks and shut down the national grid.Next time you run into them.You come down and make sure you clear them from the road as part of your rights

You have just exhibited what is in the mind of most of the protesters.
I only hope you are live at the protests ground and not just supporting them from the comfort of your house.
Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 12:58pm On Aug 02
Pesuzok:


Exactly my thoughts. But why did the banks not report the revaluation in their balance sheet and leave it out from their comprehensive income. The banks might have brought this upon themselves
The windfall tax is a win-win---Banks made little profit in 2023 aside from FX gains. This one-off tax means banks can no longer significantly profit from FX speculation, likely leading to a stable Naira.
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:03pm On Aug 02
Streetinvestor2:
On a serious note what will it cost the government to provide food or snacks to show solidarity. How much is he planning to use in building back the unwarranted knocked down legislative chamber. Do you know the quantity of food 500million can prepare even at this time given directly to the right person
Anything to reduce violence and destruction and ensure peaceful demonstration is a goal..
But on the other hand spending for protest from political leaders is a two edged sword.. It really depends on the leader involved.

As for Rivers, there are already Strong major divisions across personal n political lines aside hunger, he shouldn't and can't even try it.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:18pm On Aug 02
lionshare:

How does this protest reduce hunger levels? Given yesterday's chaos, isn't it likely to exacerbate the very problem it aims to address?
The protest is tag,end bad governance. And you can take a trip to Kenya to ask the youth what they achieved in thr protest.The government was more interested in suppressing the protest instead of welcoming it and working round it to avoid the violent type..Have you seen the kind drastic policy change in kenya now. The genuine cut in cost of governance in alll quarters by 50% even with subsidy removal and forex unification can feed Nigerians well.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:27pm On Aug 02
Laso09:


You have just exhibited what is in the mind of most of the protesters.
I only hope you are live at the protests ground and not just supporting them from the comfort of your house.
You are free to say anything. It is because you come here to make money to pay your bills which many don't have.i made my protest sound on the last election and still stand with the ones protesting now.Humanity is not just about me and my family .Your type will want to commit suicide if nse crash today
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 1:34pm On Aug 02
Streetinvestor2:
You are free to say anything. It is because you come here to make money to pay your bills which many don't have.i made my protest sound on the last election and still stand with the ones protesting now.Humanity is not just about me and my family .You type will want to commit suicide if nse crash today

It is you that will commit suicide and not me if nse crashes today.
And you think Kenya will be better off in the long run because of that protest.
Go and ask Egyptians how their country is faring today compared to those years before the uprising.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 1:42pm On Aug 02
This bonus was already distributed.
yMcy56:

Not aware the first one of 2022 was cancelled.
Will try and do more findings.....
OR, you can also email their Registrar to find out.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:51pm On Aug 02
Laso09:


It is you that will commit suicide and not me if nse crashes today.
And you think Kenya will be better off in the long run because of that protest.
Go and ask Egyptians how their country is faring today compared to those years before the uprising.
Will kenya be better tomorrow...Mr time will say.And for Egypt I was not following it and what was the youth demand.
And for kenya you will agree with me thr has been good new policy direction by government atleast the reduction in cost of governance..And if you are being sincere. The Government is telling the people to endure hunger while wasting billions in building vp house. Was the vp living in a hole and many more examples like that.
Pls don't make my post begin to look like politics thread.


I live on the street and make major of my investment decisions based on what I see/hear on the street. Therefore, I stand with protesters.....I remain street investor

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:56pm On Aug 02
What I think will play out in ucap.The allotment of new shares will likely happen next yr.The new shares will not benefit from this yr financial gain..The good financial from this yr will likely push the price to #20 after allotment. It is now left for next yr financial to see if it can sustain that price going forward after dilution
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 2:02pm On Aug 02
Streetinvestor2:
What I think will play out in ucap.The allotment of new shares will likely happen next yr.The new shares will not benefit from this yr financial gain..The good financial from this yr will likely push the price to #20 after allotment. It is now left for next yr financial to see if it can sustain that price going forward after dilution

I doubt if the allotment will reach next year. These people have reason for what they did, and I don't think they will wait that long. Just look at the daily trading pattern.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:09pm On Aug 02
Mankind2024:
This bonus was already distributed.
Ok thanks.
I for say the 2022 fye bonus was marked down.

@Mfunkunation I don't know if it's this one you referred to, but it was distributed.
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 2:17pm On Aug 02
yMcy56:

Ok thanks.
I for say the 2022 fye bonus was marked down.

@Mfunkunation I don't know if it's this one you referred to, but it was distributed.
yes I was referring to it.
Thank..
let me get my CSCS statement to confirm
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:18pm On Aug 02
Mpeace:
Ndi totalenergies. So no body want sacrifice 100k units make this thing move small.
Pa Emma pls come to our aid. Those units tou bought at 80 naira...

grin
Re: Nigerian Stock Exchange Market Pick Alerts by lionshare: 2:22pm On Aug 02
Streetinvestor2:
The protest is tag,end bad governance. And you can take a trip to Kenya to ask the youth what they achieved in thr protest.The government was more interested in suppressing the protest instead of welcoming it and working round it to avoid the violent type..Have you seen the kind drastic policy change in kenya now. The genuine cut in cost of governance in alll quarters by 50% even with subsidy removal and forex unification can feed Nigerians well.

What exact drastic policy change has occurred: the reversal of the finance bill or the dismissal of all cabinet members, with about 50% replaced by same sacked members? Regarding your suggestion to reduce governance costs by 50%, how is that feasible without mass layoffs?

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:26pm On Aug 02
yMcy56:

Oga Bagwa, tell us the likely date we should be looking at......
This your soon is taking longer than necessary and the share price going down in the process.....
Is it deliberate or activities of those trying to enter lower or what?
Thanks

No mind am.. i don ask am to elaborate, he no gree... 😁 what impact would it have on the price? Additional shares will be added i presume.. won't that bring price further down? Or is he saying the news will cause sustained price rally?

@Bagwa

Modified: me sef wan buy but i no wan see dip getting dipper than this
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:26pm On Aug 02
Mpeace:
Ndi totalenergies. So no body want sacrifice 100k units make this thing move small.
Pa Emma pls come to our aid. Those units tou bought at 80 naira...
As soon as I call Pa Emma, totalenergies wey never move for one month just added 10%.
@ Mcy56, na your turn tomorrow. Just dey ready to supply us 100k units for another 10%.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by IamR: 2:28pm On Aug 02
Mpeace:
As soon as I call Pa Emma, totalenergies wey never move for one month just added 10%.
@ Mcy56, na your turn tomorrow. Just dey ready to supply us 100k units for another 10%.
I wanted to call your attention to it, that somebody don hear you o.
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:33pm On Aug 02
Bagwa:
Within 7 days coming
Seen
Re: Nigerian Stock Exchange Market Pick Alerts by dave07(m): 2:52pm On Aug 02
yMcy56:

Universal released very good result but disappointed in the part of dividend....
Investors were expecting dividend payment this year based on the promise from the CEO but eventually, non was declared.

While this shouldn't be a yardstick to judge the stock, it doesn't mean it can't deliver, still one of the undervalue stocks (similar thing sighted in few other stocks), when is the question now.....but if you see a moving train, alight and join.

** Purely my opinion. Don't come and blame me if you see it moving again.... I just gave a simple advice**
Thank you for the response, I sincerely appreciate your feedback on this madam
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:02pm On Aug 02
Mpeace:
As soon as I call Pa Emma, totalenergies wey never move for one month just added 10%.
@ Mcy56, na your turn tomorrow. Just dey ready to supply us 100k units for another 10%.
Thanks to oga Emma lol or anyone responsible.
Oga ogg pls do the needful for I B too..
I for don do the thing but my principle is I hardly sell on loss.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:10pm On Aug 02
Today is not like the regular Friday market. Some big stocks moved forward ..okomu,presco , tota


Is our right to demand for good governance
I stand with protesters
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 3:43pm On Aug 02
Pesuzok:


Exactly my thoughts. But why did the banks not report the revaluation in their balance sheet and leave it out from their comprehensive income. The banks might have brought this upon themselves

Not sure if regulatory financial reporting for banks permit revaluation in their balance sheet for significant amounts brought by over a 100% devaluation of Naira with respect to dollar assets. But going forward I see the banks making ways to be less aggressive in reporting the gains. Won't be surprised if we start seeing re-statements of 2023 gains in 2024Q3 reports and 2024 FY reports.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 3:47pm On Aug 02
Streetinvestor2:
Today is not like the regular Friday market. Some big stocks moved forward ..okomu,presco , tota


Is our right to demand for good governance
I stand with protesters
...you dey online, dey make money; but you "stand with protesters" cheesy
grin grin grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:51pm On Aug 02
Ekuu Market o

TGIF

grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:53pm On Aug 02
BullBearMkt:

...you dey online, dey make money; but you "stand with protesters" cheesy
grin grin grin grin grin

It is the poor and idle souls that get tear gassed and shot. Those that send them continue eating. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 4:29pm On Aug 02
as at yesterday close

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 4:59pm On Aug 02
jideflash:
as at yesterday close
Chai. .... This uncle.... where have you been?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:40pm On Aug 02
If this is any consolation... wink
KarlTom:
I have actually written them... sad

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Ades1: 5:54pm On Aug 02
Mankind2024:
The day the magnificent 7 stocks saw red, before the bear was slaughtered by the ravaging bull, is etched in my memory. I won't soon forget July 29th to 31st, 2024. Bad news from Wall Street dominated the headlines, with analysts focusing on Tech and AI stocks. Microsoft beat estimates in all key areas but was punished for its less-than-encouraging cloud revenue. Alphabet performed excellently in all fundamentals, but Wall Street found fault in YouTube's advert revenue, which marginally fell short of estimates. This led to a massive sell-off. I sensed a conspiracy and quickly transferred funds from UBA to my T212 investment account. Luckily, the funds arrived during after-market trading on July 30th, when NVIDIA was trading at $100. As a Nigerian investor actively learning the ropes of stock investing, I saw this as a lifetime opportunity. I added 100 units of NVIDIA to my portfolio at $100/unit. Today, I woke up to a gain of over $2000, with NVIDIA trading at $120+. My red portfolio had turned green overnight. The lesson here is that true wealth is built during market downturns. Always keep cash in your portfolio to prepare for red days. Red days are imminent in equity investment, and volatility is the market's inherent characteristic. I learned a valuable lesson from seasoned portfolio managers and investment bankers: they create opportunities where none exist. They force you to sell when you should be buying and vice versa. Remain calm; red days are opportunities for learned investors to borrow money to invest in fundamentally sound stocks like the magnificent 7. Up magnificent 7 stocks, the story is beautiful.



You and this your magnificent 7 😂😂😂😂. Were you invested in them when they used to be referred to as FAANG(Facebook, Apple, Amazon, Netflix &Google)?
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 5:55pm On Aug 02
KarlTom:
If this is any consolation... wink

Please when was NASCON bonus given? I saw a date of May 4th 2023 somewhere but can't believe it.

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