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Nigerian Stock Exchange Market Pick Alerts - Investment (3064) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 11:12am On Jan 29, 2018
Zhirinovsky:
pls help me.

according to my system(morgan platform) i cant sell a portion of my fidelity below N3.72( saying "out of price range"wink why is it so when there are trades and bids above N3.80

Y anxious to sell low when u can sell to d top bidder?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 11:19am On Jan 29, 2018
Thinkbigga:

What do you advise those on board fidelity? Thank you

Be faithful with her to KM 4.5 or FY result (whichever comes 1st).

Na my own move be that. Ask questions before buying o.

I owe a big debt to NSEMPA, especially Oga CurrentPrice for opening man's eye to this goldmine last year.
Re: Nigerian Stock Exchange Market Pick Alerts by Investnow2017: 11:20am On Jan 29, 2018
From my respected broking firm:

The current low valuations of stocks still provide good buying opportunities in the market. Some of our recommended stocks are mentioned below;
 
NASCON - Nascon maintained its strong performance as the company’s 9M’17 results showed a robust revenue growth of 62% y/y to N20 bn from N12 bn in 9M’16. Gross profit also grew significantly by 79% y/y, and led to the strong bottom line. The strong sales growth more than offset a 53% y/y increase cost of sales and led to a 4% expansion in gross margin to 37% (9M’16-33%). EBIT also grew remarkably by 114% y/y to N5.89 bn from N2.75 bn while Profit before tax spiked by 130% y/y as it stood at N5.96 billion compared to N2.59 billion in 9M’16. EPS also grew to N2.04 in 9M’17 from N0.89 in 9M’16. Going forward, we expect the company to leverage on its strong balance sheet while the improvement in consumer spending supported by easing inflatinary pressures is expected to support topline growth. With a fair Value of N26.79, we recommend a “BUY”.
 
FIDELITY - Fidelity 9M-2017 result showed that gross earnings improved by 18% y/y to N130 billion primarily driven by an increase  of 21% in interest income and a strong growth of 99% in non-interest income to N5.9 billion from N2.9 billion in 9M’2016. PBT also improved significantly by 65% y/y from N9 billion in 9M’16 to N16 billion. EPS also grew to N0.67 from N0.40 in 9M’16. We forecast FY’2017 DPS of N0.25 and EPS of N0.60 which translates to a dividend yield of 7% (far ahead of the average dividend yield of 4.4% for banking stocks) based on its current price of N3.54 (26/01/2018). It has a P/BV multiple of 0.62x compared to 1.31x for banking stocks. With a target price of N4.87, we place a “BUY” recommendation.
 
Please find attached our Stock Recommendation for this week, ending 2nd February, 2018.

Courtesy MBC Securities Limited
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:25am On Jan 29, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:25am On Jan 29, 2018
I still see these prices falling.....those that were trapped are taking profit...I will wait for a better entry...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Thinkbigga: 11:34am On Jan 29, 2018
DaV8King:


Be faithful with her to KM 4.5 or FY result (whichever comes 1st).

Na my own move be that. Ask questions before buying o.

I owe a big debt to NSEMPA, especially Oga CurrentPrice for opening man's eye to this goldmine last year.
Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Tolktob: 11:42am On Jan 29, 2018
Investnow2017:

From my respected broking firm:

The current low valuations of stocks still provide good buying opportunities in the market. Some of our recommended stocks are mentioned below;
 
NASCON - Nascon maintained its strong performance as the company’s 9M’17 results showed a robust revenue growth of 62% y/y to N20 bn from N12 bn in 9M’16. Gross profit also grew significantly by 79% y/y, and led to the strong bottom line. The strong sales growth more than offset a 53% y/y increase cost of sales and led to a 4% expansion in gross margin to 37% (9M’16-33%). EBIT also grew remarkably by 114% y/y to N5.89 bn from N2.75 bn while Profit before tax spiked by 130% y/y as it stood at N5.96 billion compared to N2.59 billion in 9M’16. EPS also grew to N2.04 in 9M’17 from N0.89 in 9M’16. Going forward, we expect the company to leverage on its strong balance sheet while the improvement in consumer spending supported by easing inflatinary pressures is expected to support topline growth. With a fair Value of N26.79, we recommend a “BUY”.
 
FIDELITY - Fidelity 9M-2017 result showed that gross earnings improved by 18% y/y to N130 billion primarily driven by an increase  of 21% in interest income and a strong growth of 99% in non-interest income to N5.9 billion from N2.9 billion in 9M’2016. PBT also improved significantly by 65% y/y from N9 billion in 9M’16 to N16 billion. EPS also grew to N0.67 from N0.40 in 9M’16. We forecast FY’2017 DPS of N0.25 and EPS of N0.60 which translates to a dividend yield of 7% (far ahead of the average dividend yield of 4.4% for banking stocks) based on its current price of N3.54 (26/01/2018). It has a P/BV multiple of 0.62x compared to 1.31x for banking stocks. With a target price of N4.87, we place a “BUY” recommendation.
 
Please find attached our Stock Recommendation for this week, ending 2nd February, 2018.

Courtesy MBC Securities Limited
wey the attachment now

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 11:48am On Jan 29, 2018
new 900 week lows

..ABC @ #0.48k levels

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:49am On Jan 29, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:51am On Jan 29, 2018
Intendy:
new 900 week lows

..ABC @ #0.48k levels

grin grin grin grin

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:04pm On Jan 29, 2018
Got this message while placing a buy order for Dunlop, this could discourage retail investors from doing JIJO.

"DUNLOP has the following Compliance Status Indicator:

DIP - Delisting in Progress

Do you wish to continue?"
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:06pm On Jan 29, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:09pm On Jan 29, 2018
JAPAUL -20,702,575 (OFFER)

10k trigger
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 12:10pm On Jan 29, 2018
DeRuggedProf:
https://trwstockbrokers./2018/01/29/oando-shareholders-fear-loss-of-n608bn-to-judgment-claims/

grin grin grin

"The alarming rising number” of court cases which, they said, may cost the company N608 billion as judgment claims.
The coordinator also listed other shareholders’ grievances against Oando Plc to include the company’s alleged accumulation of over N159 billion losses in its balance sheet as at 2016 year end and current liabilities and long-term liabilities, which, he claimed, stood at over N799 billion."

How much is all Oando truly worth, AND not OandO grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 12:22pm On Jan 29, 2018
The 1kobo rule seems not to be reflecting on Academy Press. It maintains it's 50k. Has anyone paid attention to it please?
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:24pm On Jan 29, 2018
Intendy:
new 900 week lows

..ABC @ #0.48k levels


grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 12:28pm On Jan 29, 2018
Shark at work...UCAP grin


#ResultBooming

#MyOpinion

#DD

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 12:29pm On Jan 29, 2018
stcool:


grin grin grin

"The alarming rising number” of court cases which, they said, may cost the company N608 billion as judgment claims.
The coordinator also listed other shareholders’ grievances against Oando Plc to include the company’s alleged accumulation of over N159 billion losses in its balance sheet as at 2016 year end and current liabilities and long-term liabilities, which, he claimed, stood at over N799 billion."

How much is all Oando truly worth, AND not OandO grin

Probably -250 billion, as implied by their auditors in their last publicly available accounts.
http://www.oandoplc.com/wp-content/uploads/Recompressed-Annual-Report.pdf

Page 55

I ask again, why don't we have the equivalent of RICO laws in Nigeria?

So some people can go and serve hard-earned jail terms!!
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 12:34pm On Jan 29, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 12:41pm On Jan 29, 2018
Godisfaithful:
Shark at work...UCAP grin


#ResultBooming

#MyOpinion

#DD
smiley patiently waiting here @ ucap and afriprud
Re: Nigerian Stock Exchange Market Pick Alerts by Investnow2017: 12:44pm On Jan 29, 2018
Dear Esteemed Client,
 
 We are once again delighted to present to you a unique investment opportunity in Lafarge Africa PLC’s Series V & VI Commercial Paper (“CP”) issuance of up to N10 Billion under its N60 billion CP Issuance Programme.
 
The proceeds from the Issuance will be used to refinance existing overdraft facilities and for working capital requirements.
 
The Offer closes on January 31, 2018.
 
Please find below a summary of the indicative terms of the offer:
 
Please find below a summary of the indicative terms of the offer:
 
Issuer:
Lafarge Africa PLC
Series:
 
V
VI
Tenor:
 
180-days
270-days
Target Size:
Up to N10 billion across both Series
Discount Rate:
 
14.98%
14.80%
Implied Yield:
 
16.17%
16.62%
Offer Opens:
Friday, 26 January 2018
Offer Closes:
Wednesday, 31 January 2018
Settlement Date:
Thursday, 01 February 2018
Issuer Rating:
A+ (GCR); A (Agusto & Co.)
Minimum Subscription:
NGN5 million
Tax Consideration:
Free and clear of withholding taxes
 
For further enquiries, kindly reach:
  
Obianuju Egwuatu- oegwuatu@mbcgroup.com.ng/08137475868
Yussuf Apena- yapena@mbcgroup.com.ng/08062070332  
  
Thank you. 
 
Regards,

Courtesy MBC Securities Limited
Re: Nigerian Stock Exchange Market Pick Alerts by samzepaparazi: 12:47pm On Jan 29, 2018
Investnow2017:

Dear Esteemed Client,
 
 We are once again delighted to present to you a unique investment opportunity in Lafarge Africa PLC’s Series V & VI Commercial Paper (“CP”) issuance of up to N10 Billion under its N60 billion CP Issuance Programme.
 
The proceeds from the Issuance will be used to refinance existing overdraft facilities and for working capital requirements.
 
The Offer closes on January 31, 2018.
 
Please find below a summary of the indicative terms of the offer:
 
Please find below a summary of the indicative terms of the offer:
 
Issuer:
Lafarge Africa PLC
Series:
 
V
VI
Tenor:
 
180-days
270-days
Target Size:
Up to N10 billion across both Series
Discount Rate:
 
14.98%
14.80%
Implied Yield:
 
16.17%
16.62%
Offer Opens:
Friday, 26 January 2018
Offer Closes:
Wednesday, 31 January 2018
Settlement Date:
Thursday, 01 February 2018
Issuer Rating:
A+ (GCR); A (Agusto & Co.)
Minimum Subscription:
NGN5 million
Tax Consideration:
Free and clear of withholding taxes
 
For further enquiries, kindly reach:
  
Obianuju Egwuatu- oegwuatu@mbcgroup.com.ng/08137475868
Yussuf Apena- yapena@mbcgroup.com.ng/08062070332  
  
Thank you. 
 
Regards,

Courtesy MBC Securities Limited

See what dangote has reduced these guys to cheesy
Now looking for money everywhere. After 50yrs of existence in nigeria pre dangote

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Investnow2017: 12:47pm On Jan 29, 2018
OBAGADAFFI:
JAPAUL -20,702,575 (OFFER)

10k trigger

JAIL BREAK grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:50pm On Jan 29, 2018
Investnow2017:


JAIL BREAK grin

Real one
Re: Nigerian Stock Exchange Market Pick Alerts by Zhirinovsky: 12:56pm On Jan 29, 2018
Locodemy didnt open his shop today?

what about BullBearMrk someone should reach out to him o, its been a while. hope everything is fine.
Re: Nigerian Stock Exchange Market Pick Alerts by Investnow2017: 1:00pm On Jan 29, 2018
This thread has become annoyingly BEARISH cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:02pm On Jan 29, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 1:02pm On Jan 29, 2018
Loco abeg tell us what is cooking in transcorp oooo,the bid is Scarry oo shocked shocked
Re: Nigerian Stock Exchange Market Pick Alerts by Zhirinovsky: 1:05pm On Jan 29, 2018
encountered the problem before it got to full bid
Krisuba:


Y anxious to sell low when u can sell to d top bidder?
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 1:06pm On Jan 29, 2018
Zhirinovsky:
Locodemy didnt open his shop today?

what about BullBearMrk someone should reach out to him o, its been a while. hope everything is fine.

Bad news struck OANDO

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by AVECDEO: 1:07pm On Jan 29, 2018
Jejebaba:
Got this message while placing a buy order for Dunlop, this could discourage retail investors from doing JIJO.

"DUNLOP has the following Compliance Status Indicator:

DIP - Delisting in Progress

Do you wish to continue?"
Nooooooo.....

please don't go there... you'll be soooooorrrryyyyy.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:12pm On Jan 29, 2018
veecovee:
smiley patiently waiting here @ ucap and afriprud
no join me oooo, follow fcmb, diamond and unity enter caverton air bus to Skye ... Make sure say you are with your parachute

2 Likes

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