Nigerian Stocks Shed 0.02% as Jaiz Bank Trades 227m Shares
https://www.businesspost.ng/2017/11/06/nigerian-stocks-shed-0-02-jaiz-bank-trades-227m-shares/

currentprice:


i have to look at NB again because is not in my bedsheet yet

in my opinion based on Q3 numbers only,, ucap 5.30 , afripud 6.80 meaning selling at a discount at currentprice and by the time Q4 numbers added to this. chai! march/april next year go sweet be that

My dear brother, thanks for your selflessness on this forum. I tend to imagine that it is mainly foreign investors that drive our market out of BEAR terrain. Do you think foreign investors can put their money into Ucap and Afriprud? I am sincerely asking to know, as a grateful learner. Thanks

veecovee:
year end evangelism funds about to come ...

Smell hypocrisy. People donate millions for evangelism without announcing it.

stokfrick:

@currentprice, at a q3 EPS of 67k something tells me fidelity is still very cheap. Do u think
If they can make fy EPs of 90k they can pay up to 28k or 30 kobo as dividend?

don't know how to forcast bank future dividend, but you can share Agba opinion as quoted below. all i know is fidelity is seriously cheap at currentprice base on their Q3. if you have it,, i expect u to think of other good stock to add. fidelity is a done deal except we have a very bad Q4 which i doubt because half year already audit

Agbalowomeri:

3. Fidelity: I expect a 25kobo dividend year end and a price of 2.5 naira and above (I would have said 3.5 if it was fcmb). Fidelity can drag for Africa.... hope it is now born again

fidelity fairprice is far far better relative to currentprice compare to all other bank but i don;t want to post what i think is the fairprice

where is Oga intendy, do we have new Low or High today

The Nigerian bourse started the week on a negative note, as the NSEASI declined marginally by 0.02%, pressuring the YtD return down to 37.42% at the close of trades. Similarly market value declined by 21.17%, while the volume of transactions advanced by 29.21%. Market breadth closed at 1.21x with twenty three (23) gainers and nineteen (19) losers.
 
v  DIAMONDBNK led the gainers’ chart, after gaining 9.43% to close at NGN1.16. Other counters on the gainers’ chart were UCAP (+6.96%), LEARNAFRCA (+5.00%), FIDELITYBK (+5.00%) and UAC-PROP (+4.95%). On the flip side, CHAMPION topped the losers’ chart, shedding 4.92% to close at NGN2.32. TOTAL (-4.66%), AIRSERVICE (-4.35%), LAWUNION (-4.23%) and HONYFLOUR (-4.11%) also featured on the losers’ chart.
 
v  The sector performance as measured by the NSE-sector index revealed that the NSEBNK10 (+0.19%) and the NSEIND (+0.003%) advanced, while the NSEINS10, NSEOILG5 and NSEFBT10 declined by 0.80%. 0.65% and 0.20% respectively.
 
v  Despite the buy pressures witnessed on a lot of counters in the day, as revealed by the market breadth of 1.21x, bearish sentiments prevailed in the Nigerian stock market at the end of the day. We attribute the negative close at the start of the week to sell pressures on the market heavyweights. Given that most of these stocks are trading at historical high levels, we expect further sell pressures in the week.

currentprice:
where is Oga intendy, do we have new Low or High today

no vex oga me sir

stocks with new 52 week highs

learn Africa #1.05k

fidelity bank #1.68k

eterna #4.35k

caverton #1.35k

Guinness #102.00k

no new 52 week lows

Intendy:


no vex oga me sir

stocks with new 52 week highs

learn Africa #1.05k

fidelity bank #1.68k

eterna #4.35k

caverton #1.35k

Guinness #102.00k

no new 52 week lows

...@currentprice let me follow you open

kolaish:
Smell hypocrisy. People donate millions for evangelism without announcing it.

people donate for many preachers, and that's why they tell you people what you like, but God helps me to fund my preaching outreach and that's why many do not like what I preach. Visit my daily link for insights.

Please which website can i check to know current units of stocks on offer and on bid

Intendy:


no vex oga me sir

stocks with new 52 week highs

learn Africa #1.05k

fidelity bank #1.68k

eterna #4.35k

caverton #1.35k

Guinness #102.00k

no new 52 week lows

Fidelity touched N1,72 two weeks ago.

laydap:
https://www.bloomberg.com/quote/CO1:COM

on steroid, recession has been nailed to death.

@currentprice and @BullBearmkt



NSEMPA, more oil to our heads! It is indeed always a gathering of the most immeasurable value

BMZK:


Fidelity touched N1,72 two weeks ago.

Closing prices are referenced not "intra-day"

[quote author=Intendy post=62131146]

no vex oga me sir

stocks with new 52 week highs

learn Africa #1.05k

fidelity bank #1.68k

eterna #4.35k

caverton #1.35k

Guinness #102.00k

no new 52 week lows[/good] good

That is good

Do you understand the stock market?, you have flair for the stock market?, possibly own stocks in the stock market and you are ready to make money daily from the stock market in Nigeria by playing stocks prediction games from the comfort of your home using your mobile devices and get paid into your bank daily? ‎

Then PM me on Whatapp on how to be part of this great evolution on 08065804465  

But remember only for those with stock market knowledge.

You will ever remain grateful to me soon! So send me a message on Whatapp if interested. 08065804465

ihedioramma:
Oga Agbalowomeri were is this my brother's and sister's in the LORD ? Bigass Born2berich, megainvest, medmen86 Sunday172 emperior23 manie, ultrazone, hotmas911 Chibuking81, Michael11stock Dumexoga, stockbull, Born2beRich1, Elai147

U forget my main man "UCHESON"

Jujuui

Paschalino007:
Do you understand the stock market?, you have flair for the stock market?, possibly own stocks in the stock market and you are ready to make money daily from the stock market in Nigeria by playing stocks prediction games from the comfort of your home using your mobile devices and get paid into your bank daily? ‎

Then PM me on Whatapp on how to be part of this great evolution on 08065804465  

But remember only for those with stock market knowledge.

You will ever remain grateful to me soon! So send me a message on Whatapp if interested. 08065804465

Why do we have to join your group?

ihedioramma:
Oga Agbalowomeri were is this my brother's and sister's in the LORD ? Bigass Born2berich, megainvest, medmen86 Sunday172 emperior23 manie, ultrazone, hotmas911 Chibuking81, Michael11stock Dumexoga, stockbull, Born2beRich1, Elai147

Manie is ever active in the capital market. Manie is also Emmanuel Ewumi.

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Brent finally breaches $64 and outlook still remains bullish... $70 oil knocking?
https://markets.ft.com/data/commodities/tearsheet/summary?c=Brent+Crude+Oil

- Saudi power game as MBS consolidates his grip..

- OPEC meeting looming with strong pointers towards output cut being extended all through 2018... Putin body language in support and Aramco $100bilion IPO guarantees Saudi support.

- Global Inventory overhang draining fast thus tightening the oil Markets

- Crude Oil price curve now in backwardation as the long- standing Contango now flipped.

- Venezuela's technical Bond default and effect on supply outages

- Kurdish independence issues and almost 600,000 barrels under shut down risk

So so many positives to drive Crude to $70. Question is how does US Shale producers react to very attractive and profitable $70 by pumping more to upset supply balance.. But with recent drop in US rig count near term Shale surge not imminent

All looking good for Naija.. Foreign Reserve accretion, firepower for Emefiele.. possible marginal Naira appreciation

NSE surely to see very good times..

maishai:


U forget my main man "UCHESON"

Are you sure you are not Ucheson?
The man with 33% Oando

emmanuelewumi:


Manie is ever active in the capital market. Manie is also Emmanuel Ewumi.

yes Emmanuelewunmi (alias Manie) the loong termer who was been bashed by the short termers of old BUT now the two parties are enjoying and complementing each other for the benefit of all.
More grease to your elbows

emmanuelewumi:


Manie is ever active in the capital market. Manie is also Emmanuel Ewumi.

ONE LOVE BROTHER .

fidelity is a stock to watch among the tier 2 banks. I concur with sir Agba as regards the 25k dividend for financial year 2017. fidelity also has a high outstanding shares so I don't know if it will get to probably 3 naira in the medium term. A stock like fcmb with similar result will probably get to 3.50 in the medium term.

maishai:


U forget my main man "UCHESON"

No, me and UCHESON and our company's is working somthing in OANDO

oil price is trending towards the 70 dollar mark which is good for the Nigerian economy and should be good for the stock market as well. But my issue is with the upcoming elections in 2019. Anytime there is election around the corner, the Nigerian stock market is negatively affected. Do you think there will be a lengthy bull run in 2018 considering the forthcoming elections in 2019? House, your opinion is needed!

Please I want to be educated more on the workings of the stock exchange. I have been following proceedings on this thread but hardly understand the rudiments of it and how to detect a good, prospective stock.
In veiw of the above, 1. what is market capitalization 2. What is available supply 3. What is total supply 4. What is Trade volume or simply put Volume. How do they relate to the health of a particular stock.