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Nigerian Stock Exchange Market Pick Alerts - Investment (2649) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 11:18am On Oct 20, 2017
DeRuggedProf:


Fair price?

I am always very reluctant to quote figure as fair price but I can confidently say that the stock represent a good bargain at current price.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:20am On Oct 20, 2017
pluto09:


I am always very reluctant to quote figure as fair price but I can confidently say that the stock represent a good bargain at current price.

Na somebody moniker you dey quote
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:24am On Oct 20, 2017
grin
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 11:26am On Oct 20, 2017
currentprice:
grin

Current fair price grin
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 11:32am On Oct 20, 2017
@CP meanwhile, you have not answered by question.

How do you arrive at your valuations? By guess work , by mathematical formulas or what do you do?

You always pronounce the thing with exactness. Let's gain from you nah
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:35am On Oct 20, 2017
fxuser,currentprice,bullbearmrkt,pluto. you guys are here for real. make una ride one.i dey enjoy una wella.........
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:36am On Oct 20, 2017
sellydion:
@CP meanwhile, you have not answered by question.

How do you arrive at your valuations? By guess work , by mathematical formulas or what do you do?

You always pronounce the thing with exactness. Let's gain from you nah

Why don't you see him in his mansion? I bet your life will not remain the same grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:37am On Oct 20, 2017
30 viewers this early morning, what's gwan?
Money matter
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 11:43am On Oct 20, 2017
Agbalowomeri:


Why don't you see him in his mansion? I bet your life will not remain the same grin grin grin

If I sabi , I for don dey there. Wey thin I dey do? Oya @CP make you show me way.

I dey com masa,masa
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:55am On Oct 20, 2017
sellydion:


If I sabi , I for don dey there. Wey thin I dey do? Oya @CP make you show me way.

I dey com masa,masa

Chai currentprice, see your luck this early morning
TGIF
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 11:55am On Oct 20, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:00pm On Oct 20, 2017
Is Afriprud planning an interim dividend?
Unlike them, they would have rushed to release a good result if Q3 is in line with Q2

#Just a random musing
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:06pm On Oct 20, 2017
DeRuggedProf:
Can someone help us see what is going on in GUINESS?
chartists assist.

after 15 months below N100 , it not easy to shake off a long bearis trend & adjust to new price levels and a new trend
- d 50 dma now above 200 dma (long term is now up)
- its now higher lows and higher highers going fwd
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:14pm On Oct 20, 2017
fxuser:


after 15 months below N100 , it not easy to shake off a long bearis trend & adjust to new price levels and a new trend
- d 50 dma now above 200 dma (long term is now up)
- its now higher lows and higher highers going fwd

I agree with this; could move 50% by end of the year

#Could
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:16pm On Oct 20, 2017
fxuser:


after 15 months below N100 , it not easy to shake off a long bearis trend & adjust to new price levels and a new trend
- d 50 dma now above 200 dma (long term is now up)
- its now higher lows and higher highers going fwd


Thanks .
I appreciate.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:22pm On Oct 20, 2017
Does anyone think the index trendline has been broken (or is it breached, I no go school o)?
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 12:23pm On Oct 20, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 12:25pm On Oct 20, 2017
dipoolowoo:
Adeosun Not Too Competent as Finance Minister—CACOL
https://www.businesspost.ng/2017/10/20/adeosun-not-competent-finance-minister-cacol/

Shey na today? Some of us wey be economics egg head don dey shout am since...Not only her that is inept but the entire economic management team and their boss...

Meanwhile, Aunty Kemi take this....

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:33pm On Oct 20, 2017
Oya bring that ya economic egg head make Peterichy examine am

lol!
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:36pm On Oct 20, 2017
DonDiego:
https://www.thisdaylive.com/index.php/2017/10/20/sec-appoints-deloitte-to-lead-forensic-audit-of-oando-as-firms-shares-are-suspended-on-jse/

This SEC people are not serious o. Is it not this same Akintola Williams Deloitte that are known for their questionable previous corporate audits that they are appointing to do this 'forensic' audit? Oando will walk. Trust me .

I believe you meant Wale Tinubu will walk. Don't put your money on it. SEC has already reached a conclusion of their own with damning evidences against the management. They are only enlisting the help of a professional audit firm to confirm if so or not. There will be casualties.

"SEC explained that it had carried out a comprehensive review of the petitions from Mangal and Ansbury and found a breach of the provisions of the Investments & Securities Act (ISA) 2007; breach of the SEC Code of Corporate Governance for Public Companies; suspected insider dealing; suspected related party transactions not conducted at arm’s length; and discrepancies in the shareholding structure of Oando Plc, among others.
SEC said these findings were weighty and needed further investigation
."

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:50pm On Oct 20, 2017
Manonamission:


I believe you meant Wale Tinubu will walk. Don't put your money on it. SEC has already reached a conclusion of their own with damning evidences against the management. They are only enlisting the help of a professional audit firm to confirm if so or not. There will be casualties.

"SEC explained that it had carried out a comprehensive review of the petitions from Mangal and Ansbury and found a breach of the provisions of the Investments & Securities Act (ISA) 2007; breach of the SEC Code of Corporate Governance for Public Companies; suspected insider dealing; suspected related party transactions not conducted at arm’s length; and discrepancies in the shareholding structure of Oando Plc, among others.
SEC said these findings were weighty and needed further investigation
."

Wow.
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 12:55pm On Oct 20, 2017
DonDiego:
https://www.thisdaylive.com/index.php/2017/10/20/sec-appoints-deloitte-to-lead-forensic-audit-of-oando-as-firms-shares-are-suspended-on-jse/

This SEC people are not serious o. Is it not this same Akintola Williams Deloitte that are known for their questionable previous corporate audits that they are appointing to do this 'forensic' audit? Oando will walk. Trust me.

I am not sure if SEC has the power but the first thing they should have done was to suspend Wale as the CEO to allow for un-baised investigation. Nevertheless, it is going to be an interesting season film... grin If the report turns out unfavourable, of course casualties would be more. From oando board, to management, auditors, company secretary and ultimately shareholders. It would be a big disgrace to EY (a member of the big 4) for conniving with management to deceive and defraud shareholders all this while without blowing the whistle. Of course, i will expect ICAN, FRC and SEC to wield the big stick on the firm by blackmailing the partner handling the audit and firm as a whole to serve as deterrent to other firms. Indeed, it will be the biggest corporate fraud casualty in recent times on the financial system landscape.

Lastly, let me say, nobody should bring politics into this matter because this housekeeping is long overdue.
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 1:25pm On Oct 20, 2017
Please do not drag EY into this oooooo. It is PWC that has been auditing rubbish all these years before EY entered into the GAME
Coolcash1:


I am not sure if SEC has the power but the first thing they should have done was to suspend Wale as the CEO to allow for un-baised investigation. Nevertheless, it is going to be an interesting season film... grin If the report turns out unfavourable, of course casualties would be more. From oando board, to management, auditors, company secretary and ultimately shareholders. It would be a big disgrace to EY (a member of the big 4) for conniving with management to deceive and defraud shareholders all this while without blowing the whistle. Of course, i will expect ICAN, FRC and SEC to wield the big stick on the firm by blackmailing the partner handling the audit and firm as a whole to serve as deterrent to other firms. Indeed, it will be the biggest corporate fraud casualty in recent times on the financial system landscape.

Lastly, let me say, nobody should bring politics into this matter because this housekeeping is long overdue.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:28pm On Oct 20, 2017
Manonamission:


I believe you meant Wale Tinubu will walk. Don't put your money on it. SEC has already reached a conclusion of their own with damning evidences against the management. They are only enlisting the help of a professional audit firm to confirm if so or not. There will be casualties.

"SEC explained that it had carried out a comprehensive review of the petitions from Mangal and Ansbury and found a breach of the provisions of the Investments & Securities Act (ISA) 2007; breach of the SEC Code of Corporate Governance for Public Companies; suspected insider dealing; suspected related party transactions not conducted at arm’s length; and discrepancies in the shareholding structure of Oando Plc, among others.
SEC said these findings were weighty and needed further investigation
."

Hmmm.
Titanic... cry
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:40pm On Oct 20, 2017
rebekah2011:
Please do not drag EY into this oooooo. It is PWC that has been auditing rubbish all these years before EY entered into the GAME

EY will be blackmailed first then PWC will follow.... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 1:40pm On Oct 20, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:48pm On Oct 20, 2017

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 1:52pm On Oct 20, 2017
Agbalowomeri:


Is this company owned by the kidnapper?


Lets wait for a gang member to clarify

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:57pm On Oct 20, 2017
fxuser:
BullBEarMkt
- o toh joh me ta
- pls wh wave we de ohh??
- Feel free to use Ichimoku Cloud to expanciate
grin grin

#kidding
cheers bro
...ijo kan pelu my broda... Hope everything dey green for your side!

Wave 5 of the Impulsive wave is completed, we are now in corrective phase - probably A, B, C pattern. Monthly is showing we're in corrective wave 2...
grin grin grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:11pm On Oct 20, 2017
BullBearMkt:

...ijo kan pelu my broda... Hope everything dey green for your side!

Wave 5 of the Impulsive wave is completed, we are now in corrective phase - probably A, B, C pattern. Monthly is showing we're in corrective wave 2...
grin grin grin grin grin

Correct guy grin

The corrective wave ends first week of December grin grin grin grin
lol! na because I no go school dem no wan hear my voice
Abeg where you buy that coloured pencil?
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 2:13pm On Oct 20, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 2:15pm On Oct 20, 2017
Agbalowomeri:


Correct guy grin

The corrective wave ends first week of December grin grin grin grin
lol! na because I no go school dem no wan hear my voice
Abeg where you buy that coloured pencil?
grin grin grin grin

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