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Nigerian Stock Exchange Market Pick Alerts - Investment (2424) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 6:43pm On Jul 03, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 7:12pm On Jul 03, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 7:53pm On Jul 03, 2017
The Naira on Monday appreciated against the dollar at the parallel market reports state. The Nigerian currency gained two points to exchange at N365 to the dollar, stronger than N367 it traded on Friday, while the pound sterling and the Euro closed at N465 and N410, respectively. At the Bureau De Change (BDC) segment, the Naira exchanged at N363 to the dollar, while the pound sterling and the Euro traded at N465 and N412, respectively. Trading at the interbank market saw the Naira closed officially at N305.95 to the dollar, while the pound sterling and the Euro closed at N397.12 and N349.22, respectively. At the investors’ window, the Naira closed at N359 to the dollar. Meanwhile, Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON) said that the outlook of the Naira remained positive. Gwadabe noted that speculations in some quarters that the Naira would depreciate in the weeks ahead should be disregarded. The ABCON chief noted that such speculations were the handwork of the enemies of the nation’s currency. He added that the CBN had remained committed in boosting liquidity in the foreign exchange market to take care of demands for foreign exchange.
Re: Nigerian Stock Exchange Market Pick Alerts by Englishgold: 10:07pm On Jul 03, 2017
I lost over ,200% in diamond bank
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:08pm On Jul 03, 2017
dipoolowoo:
Flour Mills Profit Declines to N8.8b, Declares N1 Dividend
http://www.businesspost.ng/2017/07/03/flour-mills-profit-declines-n8-8b-declares-n1-dividend/

big jump in revs


#longterm
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:13pm On Jul 03, 2017
ihedioramma:
The Naira on Monday appreciated
Trading at the interbank market
saw the Naira closed officially at
N305.95 ''

that official rate will need to converge sometime before the end of this year

#LastCard
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:18pm On Jul 03, 2017
Access close period
http://www.nse.com.ng/Financial_NewsDocs/18611_ACCESS_BANK_PLC_-_CLOSED_PERIOD_CORPORATE_ACTIONS_JULY_2017.pdf

What will interim dividend be ??

a) 25 kobo

b) 30 kobo

c) 35 kobo

lol
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:20pm On Jul 03, 2017
a pull back on low volume
#yimu just sit still
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 10:20pm On Jul 03, 2017
fxuser:
Access close period
http://www.nse.com.ng/Financial_NewsDocs/18611_ACCESS_BANK_PLC_-_CLOSED_PERIOD_CORPORATE_ACTIONS_JULY_2017.pdf

What will interim dividend be ??

a) 25 kobo

b) 30 kobo

c) 35 kobo

lol



Stingy bank ..maybe 25k ..if we are not careful self na 20k dem go give chop grin
Re: Nigerian Stock Exchange Market Pick Alerts by Zhirinovsky: 10:30pm On Jul 03, 2017
Exactly!
fxuser:
a pull back on low volume
#yimu just sit still
Re: Nigerian Stock Exchange Market Pick Alerts by mercylicious234: 10:44pm On Jul 03, 2017
lancee:




Stingy bank ..maybe 25k ..if we are not careful self na 20k dem go give chop grin

Stingy ?
'At all at all na ihm worse pass.'
Re: Nigerian Stock Exchange Market Pick Alerts by yinka2011: 11:50pm On Jul 03, 2017
fxuser:


big jump in revs


#longterm


on point.

the result is excellent given that last years numbers were up because of sale of subsidiary. this year they managed the numbers without the one off gain item.


definitely a long term growth play...I remember when this used to be close to 100 just few years back
Re: Nigerian Stock Exchange Market Pick Alerts by yinka2011: 11:52pm On Jul 03, 2017
dipoolowoo:
Total, Mobil, 27 Others Plunge Stock Market to N120b Loss
www.businesspost.ng/2017/07/03/total-mobil-27-others-plunge-stock-market-n120b-loss/


dosnt make sense specially mobil ...they offered 417 per stock ...sometimes nse dosnt add up
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:31am On Jul 04, 2017
mercylicious234:


Stingy ?
'At all at all na ihm worse pass.'



Na so
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 3:26am On Jul 04, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by wuwu2: 6:30am On Jul 04, 2017
Tnx man. I bin tnk say na plan dem plan me o
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 7:38am On Jul 04, 2017
fxuser:

that official rate will need to converge sometime before the end of this year
#LastCard
Lastcard cheesy ?
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 7:39am On Jul 04, 2017
The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange (forex) market, has injected another $195 million into various segments of the inter-bank forex market. A breakdown of the figures by the CBN yesterday, Monday, shows that $100 million was offered to authorized dealers in the wholesale window, just as the Small and Medium Enterprises (SMEs) window was allocated $50 million. Those seeking forex for the purpose of BTA/ PTA, tuition and medical bills, among other invisibles, received $45 million. The Acting Director, Corporate Communications of the CBN, Isaac Okorafor, who confirmed the figures, said the bank’s continued intervention was aimed at strengthening the international value of the Naira, while ensuring accessibility to the greenback by customers who required it for genuine purposes. Recall that the CBN in the last round of forex intervention in the inter-bank market on June 28, injected $195 million to the wholesale, SMEs and invisibles segments of the market. Meanwhile, a survey of markets in the Bureau de Change segment (BDCs) in Lagos, Abuja, Port-Harcourt and Kano, on Monday, July 3, 2017, showed that the naira exchanged at an average of N360/ $1 in the BDC segment of the market.
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 9:00am On Jul 04, 2017
Englishgold:
I lost over ,200% in diamond bank
How come, when did you buy?
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 9:20am On Jul 04, 2017
holm:
http://www.nse.com.ng/Financial_NewsDocs/18593_FLOUR_MILLS-AUDITED_MARCH_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf


Fair result.Much improvement over last year.
Major issue is the level of indebetdness.
Over N190b in debt.
Still working for the banks.
Banks got N32b while shareholders got less than N3b
A company to watch for a long play.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:28am On Jul 04, 2017
A lizard should never consider itself a crocodile simply because it fell into a river... grin

Because I have gained immensely from one stock, I will not consider myself an expert. I will strive to study this market deeper and deeper and avoid taking unnecessary risks, thinking I have masterd the market.

Goodluck to ALL.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:30am On Jul 04, 2017
pluto09:



Fair result.Much improvement over last year.
Major issue is the level of indebetdness.
Over N190b in debt.
Still working for the banks.
Banks got N32b while shareholders got less than N3b
A company to watch for a long play.

I always look forward to your searchlight on company results.
Keep it up. It adds much value here.

DISCL: Most technical guys here simply look at the EPS and compare it to other qtrs and proceed to their charts... grin
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:07am On Jul 04, 2017

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by raydatluvs(m): 10:12am On Jul 04, 2017
stcool:


Nothing is shallow here...heavy demand on banking stocks!
morning brother.. I have been following you for sometime as I have interest in stock markets and forex like you only I haven't been able to take an actual step aside reading up on the theoretical part. What do you say to being my mentor?
Re: Nigerian Stock Exchange Market Pick Alerts by Englishgold: 10:30am On Jul 04, 2017
kolaish:
How come, when did you buy?
april 16
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 10:35am On Jul 04, 2017
grin Oga Tritri happy today cheesy ?
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:39am On Jul 04, 2017
Englishgold:
april 16
do you mean 2016?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:40am On Jul 04, 2017
ihedioramma:
grin Oga Tritri happy today cheesy ?


Nothing to happy abt today.
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:42am On Jul 04, 2017
House, any "hear say" on interim dividends, what's the latest? I embarked on missionary journey last week
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:45am On Jul 04, 2017
veecovee:
House, any "hear say" on interim dividends, what's the latest? I embarked on missionary journey last week

How is conoil currentprice introduced you to?
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:53am On Jul 04, 2017
locodemy:


How is conoil currentprice introduced you to?
haaaa! Brother, I mistakenly failed to sale conoil when I was on N50,000 profit, thinking the profit is too poor. And later had to sale on loss of N80,000...when I saw the stock on a bad body movement embarassed
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:55am On Jul 04, 2017
veecovee:
haaaa! Brother, I mistakenly failed to sale conoil when I was on N50,000 profit, thinking the profit is too poor. And later had to sale on loss of N80,000...when I saw the stock on a bad body movement embarassed
well the issue is that I traveled out for missionary work...I wouldn't have sold on loss

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