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Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 2:58pm On Mar 08, 2018 |
stocks with new 52 week lows ftn cocoa #0.34k sovereign #0.34k Africa alliance #0.32k capital oil #0.46k regency alliance #0.37k stocks with new 52 week highs japaul #0.89k Unilever #64.60k stanbic #49.35k nnfm #5.95k |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 3:18pm On Mar 08, 2018 |
pls if still in Ucap till 9th n bail out before 15th, am i still qualify for dividends? |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 3:39pm On Mar 08, 2018 |
It will be marked down before the commencement of trading tomorrow. Mfunkynation: |
Re: Nigerian Stock Exchange Market Pick Alerts by Investnow2017: 4:53pm On Mar 08, 2018 |
WONDERS SHALL NEVER END …as JAPAULOIL Leads the Gainers’ Chart At the close of trades today, the NSEASI advanced by 0.33%, to settle the YtD return at 12.68%. Similarly, the volume of transactions advanced by 112.53% while market value declined by 34.48%. Thirty (30) counters outperformed twenty-seven (27) other counters, consequently, market breadth settled at 1.11x. JAPAULOIL (+9.88%) led the gainers, to close at NGN0.89. Other counters that featured as gainers in the day include WAPIC (+8.62%), UNILEVER (+7.49%), HMARKINS (+5.71%) and UNIC (+5.26%). Contrarily, CILEASING (-9.28%) underperformed other counters, to close at NGN1.76. REGALINS, JAIZBANK, MAYBAKER and CAVERTON with respective declines of 7.50%, 5.00%, 4.90% and 4.71% also featured on the losers’ chart. The insurance sector; NSEINS10 (-0.85%) emerged the worst performing sector at the close of trades today. The NSEOILG5 (-0.03%) and NSEIND (-0.54%) also closed down while NSEBNK10 (+0.65%) and NSEFBT10 (+0.92%) trended northwards. The Nigerian bourse closed the day in the green territory as buying pressures dominated most counters in the consumer goods and banking space. We do not envisage a deviation from the current trend and thus, expect a positive close to the week |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:32pm On Mar 08, 2018 |
mendes911: You go still buy the nkwobi ooo. |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 5:35pm On Mar 08, 2018 |
RabbiDoracle: |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 5:36pm On Mar 08, 2018 |
fxuser: |
Re: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 5:40pm On Mar 08, 2018 |
Please before we all forget now that market is green @Chibuking81 what is going on with the search for our daughter? I just said a prayer for her and was moved to ask. Regards and shalom. 5 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 5:45pm On Mar 08, 2018 |
RabbiDoracle:Is it over ? |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:58pm On Mar 08, 2018 |
Thoughts with the family too. God will rescue our daughter. Amen DaV8King: |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 6:07pm On Mar 08, 2018 |
rebekah2011:if it is mark down tomorrow, then am qualify for dividend? |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:14pm On Mar 08, 2018 |
Mfunkynation:Yes if you bought today |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:12pm On Mar 08, 2018 |
RabbiDoracle: I sell when the need arises. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:32pm On Mar 08, 2018 |
Agbalowomeri: Since the market is dull, listen to this to lift your spirit. Wonderful life by Collins Vearncombe https://www.youtube.com/watch?v=9ytzQRwWeSY 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:39pm On Mar 08, 2018 |
L RabbiDoracle: It takes 48 hours for a trade to be completed, today's transactions on unic will just be cancelled and investigated. |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 7:54pm On Mar 08, 2018 |
DaV8King: I had a lengthy chat with him ealier today. Its not been easy but the search for his daughter Chibugo is still on. ...while also exploiting other avenues that might be of help. U did well by saying a prayer for her. ...pls lets all continue to pray fervently for the release and safe return of that innocent girl. We can also help keep up the spread of the news or support her search in any way we can. ...like I said before, God can use one of us here to save that innocent child. In all, I have total faith and strongly believe that she will return home to them hale and hearty !! FOR OUR GOD ALMIGHTY WILL PROVE THAT HE IS GOD. ...HE HAS DONE IT MANY TIMES IN THE PAST, AND WILL SURELY DO IT AGAIN !! IT IS WELL. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:09pm On Mar 08, 2018 |
onegentleguy:She will surely return safely hale and hearty in the mighty name of Jesus. Our prayer is with the family in this trying time. 4 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Investnow2017: 8:10pm On Mar 08, 2018 |
Who will be able to stand the results that would be released tomorrow Friday! |
Re: Nigerian Stock Exchange Market Pick Alerts by chukzyfcbb: 8:45pm On Mar 08, 2018 |
Gooday everyone. I am not so knowledgeable about stocks just basic understanding, But I want to ask a question that I can use to discover some Undervalued/Overvalued assets by using Outstanding shares vs Market cap ALONE - When a stock has an outstanding shares of say 100million units and was issued at its IPO at 1naira per share. When does the market capitalization becomes too much or still low? Is it when the market cap has hit 1billion naira (10x of its outstanding shares) or when the market cap has done 100x of its outstanding shares (10billion naira market cap). I know you guys use a lot of metrics (P/e ratio and co to determine undervalue stocks and over valued stocks). But using just Outstanding shares alone, when exactly can you say so so company's market cap is now Over valued when put in comparison to its Out standing shares? Is it when it has done 100x , 10x or 200x of its outstanding share. Please gurus help reply me. Your various contribution will help for my research :-) Thanks in advance
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Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 8:45pm On Mar 08, 2018 |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 8:47pm On Mar 08, 2018 |
Jejebaba:AMEN . |
Re: Nigerian Stock Exchange Market Pick Alerts by uuspace(m): 8:50pm On Mar 08, 2018 |
onegentleguy: Apart from the prayers, please can someone open a thread for the missing girl and share the link lets move it to front page to create awareness for this |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:57pm On Mar 08, 2018 |
Agbalowomeri: emmanuelewumi: Agbalowomeri: emmanuelewumi: Since our market operates T+3 then I guess those who bought into UCAP today might not be qualified. |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:00pm On Mar 08, 2018 |
Investnow2017:No results till April |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 9:03pm On Mar 08, 2018 |
Agbalowomeri:Good, let the bull go on . |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 9:44pm On Mar 08, 2018 |
Agbalowomeri: Have you gotten the memo too? |
Re: Nigerian Stock Exchange Market Pick Alerts by shigidi(m): 10:18pm On Mar 08, 2018 |
DaV8King: I thank you for bringing us back to the matter. He remains in our prayers. It is well 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by shigidi(m): 10:19pm On Mar 08, 2018 |
onegentleguy: Thank you for the update. It is well. I am confident she will be returned home safely. |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 5:51am On Mar 09, 2018 |
The National Insurance Commission (NAICOM) on Thursday took over UNIC Insurance Plc. The take over is coming on the heels of the Commission’s drive to sanitise the sector and ensure safety of policyholders investment in the sector. Although, UNIC Insurance has been unable to pay claims to policyholders and had weak financial result, the Commission is yet to state its reasons for taking over the firm. Sources within the sector said the board of the firm has been sacked while a four man interim board to pilot the affairs of the company for the next six months has been contituted. The interim board is chaired by NAICOM’s former Director of Finance and Accounts, Chief Samuel Ordu while Theophilus Eke will serve as its interim Managing Director. Other members are Ifeyinwa Ann Momah and Nicholas Shaiyen. The interim board has an initial period of six months to do a forensic audit on the firm’s financial position as well as point out the corporate governance failures observed in the course of reviewing the financial statements of the company. It was also learnt that the Commission is prepared to intervene in more companies. Few days ago, the Commissioner for Insurance, Mohammed Kari said there is an urgent need for consolidation between the firms. He said aside the underwriters, all other insurance operators especially brokers would also need to consolidate. Kari said the resolution to consolidate was reached and agreed upon by the regulator and operators at the Insurers Retreat held recently in Abeokuta, Ogun State. He further advised operators who are seeking or may want to seek for a new operating license to acquire some of the existing weak companies. He said consolidation will enable the companies to strengthen themselves financially. He stressed that the Commission found that out of 27 companies, only 6 or 7 have paid dividend in last 3 years. https://trwstockbrokers./2018/03/09/naicom-takes-over-unic-insurance/ 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:05am On Mar 09, 2018 |
chukzyfcbb: Market capitalisation= outstanding units X Price. So increase in the cap is due to increase in the price. You can't look at these in isolation. You need to bring other metrics together and compare. Since price is the part that changes your Capitalization, so you need to find other parameters that you can compare with , either singly or in combination with price. Also what you think is overvalued today may be undervalued in 2 - 3 years time. Hence investors don't always look at NOW. They try and project the performance they see now into the future and made a decision based on that. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:07am On Mar 09, 2018 |
phemmie06: Reactive NAICOM. if not for the issues yesterday, so they wouldn't have closed in on UNIC. |
Re: Nigerian Stock Exchange Market Pick Alerts by apiakason: 6:33am On Mar 09, 2018 |
Chibuking we are with you in prayers @this difficult times but need answers to the question above[color=#006600][/color] ihedioramma: |
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