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Nigerian Stock Exchange Market Pick Alerts - Investment (8295) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:47pm On Oct 17, 2024
Bbbwings:
Somebody should tell morgancapital to continue sending daily price list to our mail. Not seen any for the past week.

No fuel
Re: Nigerian Stock Exchange Market Pick Alerts by Xidget: 8:55pm On Oct 17, 2024
Mpeace:
Aradel will pay some day. You need to be careful with newly listed companies. They often fall after listing until the market fixes their price.
I will wait it out
Re: Nigerian Stock Exchange Market Pick Alerts by Xidget: 9:08pm On Oct 17, 2024
Ginalex:
NASCON still hold my "big" money that's not so big... I was able to exit DS at 47 when my Wacc was 44 to re-enter last week at 30.80. You'd think I had learnt from NASCON experience, for where?? naim I jump enter power cheesy grin. The funny thing about TPower is I initially entered at 277 or so and exited at 360 o, anya ukwu (oju kokoro) made me re-enter only to be trapped grin grin... Na then I Kon learn lesson for real for real grin grin, dodged Aradel, C&I leasing that rallied to above 4 naira (now wey e don come down, I Kon dey find cheaper price grin), Caverton too grin grin grin
Ur own better. My BE on DS is #58. But it well. I will wait it out. I want the price to drop to #25 so that averaging down will be cheaper. Lol

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 9:25pm On Oct 17, 2024
Omooloriredade:




Pretty sure he doesn't need to fill a stock transfer form or involve his broker IF all he is after is electronic payment of dividends.

The E-dividend form is what you need to fill out.

Contact the registrars of the affected stocks on your Bamboo app OR preferably download the E-dividend forms from registrars' websites, fill and forward them to the respective registrars.

There is even a e-didvend mandate form online that he can fill and it is automatically sent to all the registrars in his stock holdings and for any subsequent stock he acquires. I can't lay my hand on it now but it's only a google search away.
Re: Nigerian Stock Exchange Market Pick Alerts by Audacius: 9:46pm On Oct 17, 2024
GeeKudi:


There is even a e-didvend mandate form online that he can fill and it is automatically sent to all the registrars in his stock holdings and for any subsequent stock he acquires. I can't lay my hand on it now but it's only a google search away.

https://docuhub3.nibss-plc.com.ng/edmms/self-service

6 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by Omooloriredade: 9:51pm On Oct 17, 2024
GeeKudi:


There is even a e-didvend mandate form online that he can fill and it is automatically sent to all the registrars in his stock holdings and for any subsequent stock he acquires. I can't lay my hand on it now but it's only a google search away.

https://sec.gov.ng/non-mandated/

That's right but some people might need guidance with these things. I would imagine that if they already hold the same stock through another broker and they have have used the same clearing house number (CHN), then it should be automatic. However, if it is not, then sorting it out directly with the Registrar is the way to go.
Re: Nigerian Stock Exchange Market Pick Alerts by Omooloriredade: 10:42pm On Oct 17, 2024
Hey! This is just a personal opinion. Not an attack on anyone and NOT a statement of fact so in the future, please don't mention how "someone" was attacking you o. cheesy If it's still okay to express one's thoughts, then consider this post as my musings. tongue

Unity
Based on the news released some months ago, the CBN is looking to recapitalise Unity bank by merging it with Providus bank. Currently, Unity bank is on technical suspension from the NGX. For them to do this, I assume they will need to place the shares on suspension anyway while the merger is ongoing?
Is it fair to say that there is no point in lifting the suspension on Unity bank now if they were already at an advanced stage in the merger process? I reckon this is the logical thing they would do so they won't be in a hurry to have Unity trading again on the exchange again.

Access
Access bank will struggle for a while because of the acquisitions spree they have embarked on. It takes a few years before the benefits start to manifest. If the past is anything to rely on, we are looking at two years or more before the bottom line starts to reflect the benefits of the acquisitions. What to expect in the near term which is what we are already witnessing:

* Increase in Revenue (top line)
* Increase in expenses (better put, higher than normal expenses)
* Tempered earnings and dividend growth
* Subpar SP appreciation relative to peers

The bank will have to make increased provision for impairments. Some of the banks being acquired operate on a different banking platform so integration issues are to be expected along with expensive platform upgrades. Branch, equipment and staff rationalisation will bloat expenses even though they will end up creating a more efficient bank. Same applies to other companies being acquired by the bank.

Eventually, the dividends of the acquisition spree will arrive but holders may have to be patient.

Disclaimer - I could be sincerely wrong so this is not a recommendation to buy or sell.

8 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 5:44am On Oct 18, 2024
freeman67:

The only draw back is no enough branches.
is Standard Chartered Bank different from Stanbic IBTC?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 5:50am On Oct 18, 2024
Blaqq2:
between meritrade and capital morgan, which is better?
Don't go for Meritrade, lots of complaints here about their services, including poor customer care
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 5:58am On Oct 18, 2024
Ginalex:
grin cheesy OSITAAAAA leave my picture alone abeg na grin
He hasnt seen a much tantàlizing curreñt one.....
Dont mind him. 😁
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:04am On Oct 18, 2024
Bbbwings:
Somebody should tell morgancapital to continue sending daily price list to our mail. Not seen any for the past week.
They've been sending daily price lists.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:24am On Oct 18, 2024
vefexam:
Thanks so much, I really appreciate your response.

So I got my trading account open yesterday and deposit today I plan to buy dansuger and hold for some months... Do you think it's a wise decision?

With your experience in this market, is itpossible to highlight things to look out for.

Also too, when I am looking at a financial statement what should I pay attention too.... You can list them....I will read further on them.
Guess you're a newbie.....
- You may have to do some readings....
- All your inquiries has been handled and provided extensive answers to on this platform at different times...
- One of the reasons we were telling them to stop wasting pages of this thread on irelevances and nonse.nse posts, so that people can benefit much from the past quality and educative posts from the bosses, but they said na freedom of speech. undecided

As for DANGSUGAR, it's good for a buy if you're looking at long term but you may have to wait and let's see what Q3 will bring first and how Market will react to it.......then @32/33 should be okay for entry DEPENDING on market realities.

* Some people are still holding DANGSUGAR at 60/70, it's time will come, merger is still possible; be following the news and updates on it in this forum.

* As for what to look out for in Financials, that's one of Oga Emma's area of speciality o, 😁
So also my other bosses, Oga Wanaj0 and quite some other Ogas here.
Osita abeg make una help him out o....you know say na PAT I Sabi most. 😁

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 6:29am On Oct 18, 2024
yMcy56:

If you're for long term, you can buy...
You may not see around 110 or below for now....
Qualification is tomorrow or Monday (conflicting dates)
After qualification date, those who need funds usually come to sell in bits, you can be increasing your stakes small small by then.

The day that stock will move is coming too.

Is it more of a stock or fund management investment? Where they share dividends quarterly with little to none capital appreciation

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Blaqq2: 6:30am On Oct 18, 2024
Ok thanks
yMcy56:

Don't go for Meritrade, lots of complaints here about their services, including poor customer care
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 6:39am On Oct 18, 2024
yMcy56:

- One of the reasons we were telling them to stop wasting pages of this thread on irelevances and nonse.nse posts, so that people can benefit much from the past quality and educative posts from the bosses, but they said na freedom of speech. undecided

Very true. We need to vote for you as NSEMPA mod; this place needs sanitizing. 😁🤡
Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 7:00am On Oct 18, 2024
machine606:

is Standard Chartered Bank different from Stanbic IBTC?

Yes, it is a different bank.
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 7:04am On Oct 18, 2024
I bet many people don't know there's a company already mining gold in osun state. Segilola resources which was acquired by Thor explorations which is a Canadian company. The interesting part is that Japaul also has gold mine in osun state... near segilola resources' gold mine. I got below from Japaul's website
"Our gold fields are in Asa Village, Iperindo near Segilola Gold company in osun state"
Re: Nigerian Stock Exchange Market Pick Alerts by Blaqq2: 7:10am On Oct 18, 2024
since when

SonofElElyonRet:
I bet many people don't know there's a company already mining gold in osun state. Segilola resources which was acquired by Thor explorations which is a Canadian company. The interesting part is that Japaul also has gold mine in osun state... near segilola resources' gold mine. I got below from Japaul's website
"Our gold fields are in Asa Village, Iperindo near Segilola Gold company in osun state"
Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 7:22am On Oct 18, 2024
Streetinvestor2:
Nobi wen naija people and Africans see food chop first they will consider buying new vehicle that run on water as latest technology. How many average niaja person can afford brand new chinko car now or innoson car.To even buy direct second hand car now of 2010 model you must budget 10M and above .
Bros fuel is going nowhere in Africa till Jesus returns

grin grin cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by Lionhearted: 7:58am On Oct 18, 2024
SonofElElyonRet:
I bet many people don't know there's a company already mining gold in osun state. Segilola resources which was acquired by Thor explorations which is a Canadian company. The interesting part is that Japaul also has gold mine in osun state... near segilola resources' gold mine. I got below from Japaul's website
"Our gold fields are in Asa Village, Iperindo near Segilola Gold company in osun state"



All you said about Segilola and Thor is 100% correct.

No other company, as at yesterday when I was around there, apart from Segilola is mining anything in that axis.

A company tried to acquires mining rights close to Segilola around 2022 or thereabout but dispute arose. Resolved or not I don't know, but it is only Segilola that is currently mining there.

Maybe Japaul are the abokis going about with headpans and shovels?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:04am On Oct 18, 2024
Lionhearted:



I said Japaul has gold mine next to Segilola's. I never said Japaul has started mining. Japaul has been forthcoming with updates on their journey to mining and refining... read up

Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 8:13am On Oct 18, 2024
yMcy56:

He hasnt seen a much tantàlizing curreñt one.....
Dont mind him. 😁
😂😂 tantalizing you say
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:27am On Oct 18, 2024
Ginalex:
😂😂 tantalizing you say

Is mercy giving an investment hint?
I'm just joking o. Make some people no go invest based on my post grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:35am On Oct 18, 2024
Don’t Reverse Current Reforms, World Bank Tells FG

https://dailytrust.com/Dont-reverse-current-reforms-world-bank-tells-fg


How FG Pacified Labour With Promises To Complete 5 Refineries, Pay Arrears


https://www.vanguardngr.com/2024/10/how-fg-pacified-labour-with-promises-to-complete-5-refineries-pay-arrears/
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:35am On Oct 18, 2024
megawealth01:


Don’t Reverse Current Reforms, World Bank Tells FG

https://dailytrust.com/Dont-reverse-current-reforms-world-bank-tells-fg

Policies have 🌎 bank backing sef and 5 refineries soon grin
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:00am On Oct 18, 2024
megawealth01:


Policies have 🌎 bank backing sef and 5 refineries soon grin

Fuel price don choke us
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:05am On Oct 18, 2024
megawealth01:


Policies have 🌎 bank backing sef and 5 refineries soon grin
Which country has world bank ever helped out of poverty.
When Greece, Portugal, Spain etc had economic crisis, they did not consult niether did world bank offer any policy directive. These countries used tax holidays, subsidies and incentives to revive their economies.
But world bank will only come when its africa, ask us to tax our people the more, give us loans (which they take 45% of as consultation fees) and encourage us to carry out policies that only ensures we remain slaves to Europe and america. Like we are ccurrently mortgaging our oil or loan.
I remember when Dubai was coming up, they totally rejected world bank policies and as a result they got all the condemnations and insults from world bank, IMF and the rest. Today UAE is doing so well. Same with many otjer countries.
As long as we keep working for world bank and other international monetary funds we will keep mortgaging the future of this country to them, we will remain where we are and they will keep praising us.

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 9:18am On Oct 18, 2024
SonofElElyonRet:
Is mercy giving an investment hint?
I'm just joking o. Make some people no go invest based on my post grin
Lol. I just use sweet stock name to quantify the pic ni o. 😁
Tantalizer is also a penny stock on watchlist anyway. 😊

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 9:24am On Oct 18, 2024
Mpeace:
Which country has world bank ever helped out of poverty.
When Greece, Portugal, Spain etc had economic crisis, they did not consult niether did world bank offer any policy directive. These countries used tax holidays, subsidies and incentives to revive their economies.
But world bank will only come when its africa, ask us to tax our people the more, give us loans (which they take 45% of as consultation fees) and encourage us to carry out policies that only ensures we remain slaves to Europe and america. Like we are ccurrently mortgaging our oil or loan.
I remember when Dubai was coming up, they totally rejected world bank policies and as a result they got all the condemnations and insults from world bank, IMF and the rest. Today UAE is doing so well. Same with many otjer countries.
As long as we keep working for world bank and other international monetary funds we will keep mortgaging the future of this country to them, we will remain where we are and they will keep praising us.

Working for world bank?
Do we even need world bank to tell us to do some of those things?
World bank is simply telling us, Don't spend the money you don't have.
Does it make sense for us to keep borrowing money to pay petrol subsidy and defend our currency?
What is wrong in telling us to generate more money?

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:30am On Oct 18, 2024
Agbalowomeri:


Fuel price don choke us

E go cool off soon grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:31am On Oct 18, 2024
grin
pluto09:


Working for world bank?
Do we even need world bank to tell us to do some of those things?
World bank is simply telling us, Don't spend the money you don't have.
Does it make sense for us to keep borrowing money to pay petrol subsidy and defend our currency?
What is wrong in telling us to generate more money?
Re: Nigerian Stock Exchange Market Pick Alerts by Zegra: 9:49am On Oct 18, 2024
Agbalowomeri:


Fuel price don choke us
No be you dey clamor for a free market; D grin grin grin grin

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