Stats: 3,188,726 members, 7,935,161 topics. Date: Thursday, 29 August 2024 at 10:22 PM |
Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11440496 Views)
Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
(1) (2) (3) ... (2757) (2758) (2759) (2760) (2761) (2762) (2763) ... (8080) (Reply) (Go Down)
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:55am On Nov 25, 2017 |
@NoMoney @samguru You're right. Go and BUY/SELL ur C I Leasing and let have PEACE aberg. Another C/I leasin wahala dis weekend. 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Infinitisi(m): 9:14am On Nov 25, 2017 |
Expect these 2 new products from International Breweries in 2018 By Onome Ohwovoriole - November 23, 2017 Managing Director, International Breweries Plc, Anabelle Degroot The Managing Director (MD) of International Breweries Plc Anabelle Degroot yesterday had a press briefing with business editors of which Nairametrics attended. The MD designate discussed a wide variety of plans including the coming on stream of their Shagamu brewery, merger updates and new products Shagamu Brewery The Shagamu brewery which cost $250 million is expected to come on stream by the second quarter of 2018. The brewery is one of the company’s biggest in Africa, and was built in order to address a supply constraint issue that had limited sales of the company’s products to areas close to existing plants. The brewery is expected to produce a wide range of products including popular brands Hero and Trophy beer. The facility is AB Inbev’s fourth brewery in Nigeria. Merger update The enlarged entity is expected to be listed on the Nigerian Stock Exchange (NSE) by the end of 2017. The company’s current expansion plans will however lead to limited rationalization of jobs post merger. International Breweries will also undertake a name change next year to reflect the interest of the combined entities. New products The company also intends to introduce new products next year including Budweiser and Eagle beer. Local content About 70% of the company’s raw materials such as cassava, millet and sorghum as well as packaging materials are sourced locally. Operational update In response to a question posed by Nairametrics about a spike in bad debts. Degroof stated that International Breweries had taken more prudent provisions in line with standards set by parent company AB Inbev. Competition Degroot sounded confident about handling the competition, stating We know our competition. International Breweries is a subsidiary of AB Inbev the world’s largest brewer. AB Inbev has over 500 beer brands sold in over 150 countries including popular brands Stella Artois and Budweiser, and employs over 200,000 people. The company was listed on the NSE in 1995. |
Re: Nigerian Stock Exchange Market Pick Alerts by DaDevin: 9:29am On Nov 25, 2017 |
Infinitisi: I was wondering how international Breweries which was below 20 early this year now selling above 50, this just clarified things. Anyways, simply means Nigerian Breweries will hv to raise their game, and Guinness too (but Guinness so far has found strength with the spirit segment and might keep it that way). |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:36am On Nov 25, 2017 |
@NoMoney I will only pick one example because I haven't got much time for unproductive discussion. You have emphasized a PE of 2: do you know that C/I leasin is one of the coy (others are NEM, ETERNA) on nse whose year end is always lower than Q3 (except 2016). Do you think it is impossible for the year end PE to sudden turn 6 at the present price? So, doesn't look reliable to me. I was a regular follower of C/I leasin some years back when I thought there was hidden value behind the company but for every low PE that remains low for a long time, there is usually a reason. I have already wished you best of luck. For those who have stayed long in nse, one of the most powerful tool is GUT-feelings. You cannot analyse this ![]() 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:48am On Nov 25, 2017 |
I prefer to be wrong and make quality returns than to be right and wait forever for gains.... ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:51am On Nov 25, 2017 |
Agbalowomeri: A low PE on NSE mostly indicate a LOW LIFESPAN..... ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:51am On Nov 25, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by Standardguy(m): 10:55am On Nov 25, 2017 |
NoMoney: Being unable to repay convertible loan stock 2 years after maturity that will in share reconstruction when the share price just barely recovered from coma is not a good sign. Share reconstruction in this case implies that the shareholders are indirectly paying the loan which the coy ought to have paid. There is something amiss that we are not aware of and the prospect of the share price reversing back to coma is high after reconstruction even if the value will be adjusted on NSE considering: 1. There is going to be a combination of share allotment and cash payment to abraaj which will dilute the shareholding of shareholders and take away a significant part of the profit declared (and possibly reduce reserve/retained earnings) thus affecting retained earnings and dividend payment. 2. They declared a good result in 2016 but failed to pay dividend on the grounds of this abraaj loan. Investors still held on to their shares cos the interim dividend promised which they failed to pay cos of this same loan. With the issue of this new shares and cash payment there will likely be a liquidity squeeze on the coy thus will be unable to pay dividend (or resonable dividend as expected) in addition to a less unattractive balance sheet. 3. The loans that the have lined up for collection need to financed hence profit and retained earnings will be affected. Further dumping dumping of shares may follow thus SP crash. Also, there will be an urgent need to raise cash to increase liquidity hence the need for more loan or right issue or public offer. Should they consider right issue then the coy automatically becomes abraaj cos of their percentage share holding. Dont forget the free float policy of NSE which affected ashaka cement. However, the company could become highly profitable afterwards with sound management as nothing is impossible. But I dont see it happening anytime soon. Investors will have to be very very patient hence I see it okay for very long term investors. see link below https://www.vanguardngr.com/2017/07/furore-conversion-dollar-debts-equity/ 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by makashava(m): 12:00pm On Nov 25, 2017 |
Take a look at Fort Oil! Good for boarding. |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 4:56am On Nov 26, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 6:39am On Nov 26, 2017 |
PETERiCHY:I also have a batch of treasury bills that will mature by december, I can remember the situation bck then, stocks were going down in price giving me high bp,and I hurriedly bought tbills @ 7.9% rate from diamond bank........Seeing my self as an average investor, I willl rather wait it out again, so many tbills maturing and those funds are heading straight for the stock market.. I still feel stocks are expensive. I have fbnh bought @ 3.15, fidelity bought @ 0.88, Dangote sugar bought @ 6.15, all this year.... I will only buy stocks that bears are dealing with seriiusly and they are pet marketing stocks |
Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 8:13am On Nov 26, 2017 |
Crypto getting more interesting by the day! biko for those who are interested can we form a NSEMPA version for crypto.. |
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 8:27am On Nov 26, 2017 |
nio68: Have sold all my stock and moved part of my loot to crypto. ![]() One week ago 1btc was about 2,789,000. This morning it is over 3,200,000. Crypto is the game changer. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:37am On Nov 26, 2017 |
DeRuggedProf: Ice |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:39am On Nov 26, 2017 |
nio68: we need one for 2018 ! its gonna be sumfin else |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:40am On Nov 26, 2017 |
leo1234: it has taken my sleep from me congrats to 9k a great yr lies ahead still for all markets ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 8:46am On Nov 26, 2017 |
fxuser: $ 10k in sight. However, a retrace to $8k or $7.5k is possible. In 2018 there will be an explosion. Blockchain technology is taking over. ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 11:17am On Nov 26, 2017 |
fxuser: I should have left all my money in bitcoin. Trading altcoins has not been a fruitful venture for me. I want to also ask that we have a crypto version of NSEMPA so we don't derail this forum. Oga fxuser, over to you. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:18am On Nov 26, 2017 |
fxuser: Great year for another global crash ![]() Watch your back When the whole market is bullish on anything, it never ends well 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:34am On Nov 26, 2017 |
pluto09: nio68: ...AND YES THE LONG EXPECTED THREAD IS FINALLY HERE. THE CRYPTOCURRENCY VERSION OF THE NIGERIAN STOCK EXCHAGE MARKET PICK ALERTS (NSEMPA). PLS KINDLY USE THE LINK- https://www.nairaland.com/4198804/cryptocurrencies-market-pick-alerts. TO ALL NSEMPA MEMBERS AND BEYOND WHO LOVE THE CRYPTO WORLD, LETS DO WELL TO MOVE OUR DISCUSSIONS THERE. LADIES AND GENTLEMEN, I WELCOME U. GOODLUCK TO US ALL !!! |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 11:49am On Nov 26, 2017 |
onegentleguy: Good ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by daddymgg: 1:05pm On Nov 26, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:39pm On Nov 26, 2017 |
daddymgg: base on numbers it still better than Diamond, sterln and wema ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 4:06pm On Nov 26, 2017 |
maishai:So, you want post recession crash prices? Then create another recession, in order to have your desired prices or or pray for total crash of the Nigerian economy as we had, three years ago; otherwise, these current prices will continue to advance. As a matter of fact, Nigerians confidence in NSEM is just coming back, just as traders are just returning to the market. That is why there has not been bear since October till now. Goodluck. |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 4:24pm On Nov 26, 2017 |
currentprice: Why is Diamond in bold? |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:50pm On Nov 26, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:07pm On Nov 26, 2017 |
currentprice: OK. Thanks. |
Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 6:13pm On Nov 26, 2017 |
currentprice: based on hope some people would argue diamond is better ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by daddymgg: 7:11pm On Nov 26, 2017 |
nio68: Hahahahahahahahahahahahahaha true word |
Re: Nigerian Stock Exchange Market Pick Alerts by daddymgg: 7:12pm On Nov 26, 2017 |
currentprice: Thanks for your contribution |
Re: Nigerian Stock Exchange Market Pick Alerts by Alarib(m): 7:46pm On Nov 26, 2017 |
currentprice:I think most people will run over to fidelity now |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:25pm On Nov 26, 2017 |
nio68: It is nse o my brother, I won't be surprised if diamond gives a better return than fidelity at their currentprice. Sentiment towards it appears to have improved. |
(1) (2) (3) ... (2757) (2758) (2759) (2760) (2761) (2762) (2763) ... (8080) (Reply)
Viewing this topic: Mpeace(m), Emir01, omayeya, Owoblowblow, designking, zendi and 8 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 58 |