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Nigerian Stock Exchange Market Pick Alerts - Investment (1368) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 12:40pm On Mar 03, 2016
Born2berich:
Something is wrong with GTB and zenith whether we like it or not.

bigjay01:


UBA! - I believe their African play will help them weather the Nigerian storm. The next 2 months will tell. Then again we have been shocked and awed in the past so ...
Re: Nigerian Stock Exchange Market Pick Alerts by peptola: 12:40pm On Mar 03, 2016
more dumping for FCMB
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 12:41pm On Mar 03, 2016
bigjay01:


I bought based on this rough analysis:

Share outstanding is 5B

Tigerbrands transferred 3.285B (65.7%) to Aliko.

"Subject to regulatory approvals, DIL will provide TBCG with an immediate cash injection of N10 billion. In return, Tiger Brands will
divest its 65.7% shareholding in TBCG to DIL for a nominal consideration and write off its shareholder loans to TBCG. In addition,
Tiger Brands will assume and settle outstanding debt guaranteed on behalf of TBCG."

This roughly implies that Aliko paid ~N3.04/ share (10B/3.285B).

I bought at N1.16, which is about 62% discount to Aliko's price.

Precedents have shown that Aliko is a very shrewd business man, I am willing to hold with him ...


Not a buy or sell recommendation

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 12:42pm On Mar 03, 2016
Today is just funny.
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 12:43pm On Mar 03, 2016
cadno:

Bros the way u hate this stock no get part Two...but...i knw u are heavily loaded in it.
For the record, I don't hate oando...Never get emotionally attached to a stock...Once oando releases a positive news or I see positive prospect in the management I will jump in immediately but say I should buy a dead stock for no tangible reason is not my style. I know you are in this boat...It is well.
Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 12:44pm On Mar 03, 2016
Fcmb grin

0.68

52 weeks low.
Re: Nigerian Stock Exchange Market Pick Alerts by wizdonnel: 12:46pm On Mar 03, 2016
Oga @Megainvest, I hail your government! Please When is Dangote cement closing their books.
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 12:46pm On Mar 03, 2016
Godisfaithful:



Sir Born, Be patient with Zenith grin. There result will be released anytime from now
Oga myjoy, my post was about oando na, where you take see zenith
Better let us know on time if the result is not good so that we can know what to do next. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 12:47pm On Mar 03, 2016
AFRICA PRUDENTIAL REGISTRARS PLC

Closure of Register – Year Ended 31 December 2015

Proposed Dividend 43 Kobo per share

Proposed Bonus Nil

Closure Date 23rd – 29th March 2016

AGM Date 12th April 2016

Payment Date 13th April 2016

AGM Venue To be Advised
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 12:48pm On Mar 03, 2016
Born2berich:
Oga myjoy, my post was about oando na, where you take see zenith
Better let us know on time if the result is not good so that we can know what to do next. smiley

I know right lol. Just replying to your post that stated something is wrong with GTBank and Zenith lol grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 12:49pm On Mar 03, 2016
megainvest:
Oando returned 18% in 2 days...

You can still make good money from a loss making company's stock. Just saying.

@megainvest, you are spot on..Preach it bro!
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 12:50pm On Mar 03, 2016
Godisfaithful:


I know right lol. Just replying to your post that stated something is wrong with GTBank and Zenith lol grin grin
Then you replied the wrong post...But truly, I have a bad feeling about zenith and gtb...Don't know why I hope am wrong.
Re: Nigerian Stock Exchange Market Pick Alerts by peptola: 12:50pm On Mar 03, 2016
Youngzedd:
Today is just funny.

The POWER of money and social media is outstanding!! cool
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 12:52pm On Mar 03, 2016
Born2berich:
Then you replied the wrong post...But truly, I have a bad feeling about zenith and gtb...Don't know why I hope am wrong.

Sir Born, You are funny though. Just relax and chill grin. Very soon, very soon, the cock will voice out grin
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 12:57pm On Mar 03, 2016
Godisfaithful:


Sir Born, You are funny though. Just relax and chill grin. Very soon, very soon, the cock will voice out grin
Hope the rooster won't end up as fried chicken at the end? grin grin Lol
Re: Nigerian Stock Exchange Market Pick Alerts by Skimpledawg(m): 12:59pm On Mar 03, 2016
Coolcash1:


Let her get a TRUSTED AND RELIABLE stockbroker to handle it for her.. I highlighted and cap these two key words because some of them are very fraudulent. So shine your eyes oo
sorry to probe further bros.... I actually thought all these Stock Brokers work in a bank? cos I just left a branch of Gtb couple of hours ago, the bank official told me that the bank doesn't have one. is it that the Stock brokers ain't part and parcel of d banking institution?
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 1:00pm On Mar 03, 2016
Born2berich:
Hope the rooster won't end up as fried chicken at the end? grin grin Lol


As long as all of them are eatable? That means, every eaters would be fine grin grin grin. Sir born, i'm expecting Zenith to pay between 1.25-1.35(Naira) as dividend (excluding the interim dividend). What's yours expectation?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 1:00pm On Mar 03, 2016
Do your own analysis and make decisions for yourself. Many promising stocks are trading sideways because people are not sure of what the real result will be. There are rumours flying everywhere and speculators who have no information are busy causing pigs to be slaughtered.

Look at the Q3 results of the companies you are interested in and compare with the FY 14 results. Ask yourself, did anything significant happen that can cause a disruption to the company's revenue in Q4? After you answer these questions, make your choice and shut out the noise. This is how to make money not just following the crowd. Any smart investor would easily have known that APR and UCAP will be where they are today.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by peptola: 1:03pm On Mar 03, 2016
Zenith bank getting stronger as offer reducing N12.00 is fast becoming a reality
Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 1:06pm On Mar 03, 2016
People are caged down in fcmb...Loading fcmb @ 0.54k of 500,000 units.. grin angry anybody that feel like selling fcmb 4 me 0.54k ... E mail me unanghope@gmail.com
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 1:11pm On Mar 03, 2016
Godisfaithful:



As long as all of them are eatable? That means, every eaters would be fine grin grin grin. Sir born, i'm expecting Zenith to pay between 1.25-1.35(Naira) as dividend (excluding the interim dividend). What's yours expectation?
I expected them to have released +ive result long ago with a dividend of N1.75 wink

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 1:13pm On Mar 03, 2016
ufotty2001:
People are caged down in fcmb...Loading fcmb @ 0.54k of 500,000 units.. grin angry
You can save some people by buying some units now.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 1:17pm On Mar 03, 2016
Sirs, Please so sorry my person was not referring to Zenith bank but to FBNH when he said 4th qtr result was so bad. On the contrary he said Zenith bank will pay the same dividend that it paid last year.

Pls no vex

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 1:20pm On Mar 03, 2016
grin
Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 1:21pm On Mar 03, 2016
wizdonnel:
Oga @Megainvest, I hail your government! Please When is Dangote cement closing their books.

April 11

http://www.nse.com.ng/Issuers-section/corporate-disclosures/corporate-actions/closure-of-register

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 1:23pm On Mar 03, 2016
bigass:
Why are people dumping FCMB shares
Because the market is a place of overreaction.
The same people that scrambled to exit tigerbrands at 0.98 are right now queuing for it at 1.81.
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 1:26pm On Mar 03, 2016
peptola:
Zenith bank getting stronger as offer reducing N12.00 is fast becoming a reality
Your stance of offloading in zenith @N1..50 is changing. smiley BTW, am still waiting for a screen shot of zenith bank shares....
Re: Nigerian Stock Exchange Market Pick Alerts by bolabiyi: 1:27pm On Mar 03, 2016
coolTranscorp.. I see u...watching..

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:27pm On Mar 03, 2016
Skimpledawg:

sorry to probe further bros.... I actually thought all these Stock Brokers work in a bank? cos I just left a branch of Gtb couple of hours ago, the bank official told me that the bank doesn't have one. is it that the Stock brokers ain't part and parcel of d banking institution?

Most of the banks have disposed their stockbroking and other non-banking subsidiary to focus on their business object whilst only a few still retain them as part of the group e.g first bank, stanbic etc...

You can go to NSE website for the list of accredited brokers that you can select from to assist with your request.
Re: Nigerian Stock Exchange Market Pick Alerts by peptola: 1:35pm On Mar 03, 2016
Born2berich:
Your stance of offloading in zenith @N1..50 is changing. smiley BTW, am still waiting for a screen shot of zenith bank shares....

I am finding difficult to paste As for the change of stance I am only following price and offer volume Price is now 1.80 but the offer at the top has reduced there is more concentration at the N12.00 price. There is 3 million bid starting from N11.70. i am speculating there will be a last minute rush for the stock at 12+ as bulls set in to carry stocks generally
Re: Nigerian Stock Exchange Market Pick Alerts by perewesley(m): 1:35pm On Mar 03, 2016
Buy Zenith Bank now....Thank me later

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 1:36pm On Mar 03, 2016
Nice one, zenith.

1 Like

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