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Nigerian Stock Exchange Market Pick Alerts - Investment (3381) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 1:57pm On Apr 03, 2018
wanaj0:


But there is NO cash smiley

The absence of something does not necessarily mean the 'non-presence' or exclusion of it, especially with the person of DANGOTE !!
...just keep watching as things unfold in the short to mid term my oga. shocked shocked
lets just allow our dear Mr TIME to put things in their perspective. wink cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:58pm On Apr 03, 2018
Eterna Oil is heading back to N4. Still thanking God I sold before the result.
Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 1:59pm On Apr 03, 2018
Looking at the highlighted below, Please did Access pay any interim dividend ?

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:02pm On Apr 03, 2018
BMZK:
Looking at the highlighted below, Please did Access pay any interim dividend ?

...Yes they paid 0.25k interim dividend.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:04pm On Apr 03, 2018
Diamond is on fake bid. If result comes out today, it would not be a good one.
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 2:06pm On Apr 03, 2018
leo1234:


I don't agree with you pastor.
Whenever you sell a stock, your wish is for it to go down so you can buy at a lower price. grin
Don't you think it is a sin
u are only airing ur wish grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:10pm On Apr 03, 2018
veecovee:
u are only airing ur wish grin
This is what we call 'back to sender'
This pastor sef that cannot collect small stone.
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 2:12pm On Apr 03, 2018
grin
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 2:17pm On Apr 03, 2018
veecovee:
I think this size of dividend is a kind of humiliation to the company ... Anyway who is their registrar pls

EDC Registrars
Re: Nigerian Stock Exchange Market Pick Alerts by Finfree18: 2:27pm On Apr 03, 2018
Mftivi:

hot forex and swissquote

Am looking for a good forex coach based in Lagos. Someone who can train me one-on-one. Contact me so we can talk about your fee. I really want to learn.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:27pm On Apr 03, 2018
This market is killing fowl.
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:34pm On Apr 03, 2018
RabbiDoracle:
This market is killing fowl.

Except Arab Money

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:43pm On Apr 03, 2018
PETERiCHY:


Except Arab Money
Guess Arab money dey feel am too for Saudi Aramco planning to sell 5% of their shares. No be beans ooo.
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 2:50pm On Apr 03, 2018
TLAX:


EDC Registrars
thks
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 3:01pm On Apr 03, 2018
Cardinalstone on Dangote sugar;




Dangote Sugar (DANGSUGAR) FY’17 results out – Turnover rose by 20.4% YoY to N204.4 billion, behind our estimate of N220.0 billion (-7.1% deviation). After tax earnings grew by 176.4% YoY to N39.8 billion, ahead of our estimate of N37.5 billion (+6.2% deviation).

The company declared a final dividend of N1.25 which translates to a dividend yield of 5.73% based on the last close price. During the year, DANGSUGAR also paid N0.50 as interim dividend, bringing total dividend per share to N1.75.

Other highlights:
Q4 revenues recorded negative growth for the first time in three financial years, with declines of 6.7% QoQ and 24.0% YoY respectively to N41.4 billion. The upward price review which started in 2016 was critical in upholding revenue figures as volumes suffered during the quarter, largely impacted by logistics bottlenecks, notably with respect to the Apapa gridlock.

Q4’17 gross profit margin improved YoY to 23.0% (Q4’16- 7.3%) owing to decline in the cost of raw sugar during the quarter as well as improved FX liquidity compared to Q4’16. On a QoQ basis however, the gross margin figure reflected a contraction (Q3’17- 32.9%) as production costs climbed 7.1% despite the observed decline in revenues.

Operating profit margin in Q4’17 declined by 1051bps QoQ to 18.2%, impacted by both the contraction witnessed in gross margin and an increase in OPEX margin (Q4’17- 5.3%; Q3’17- 4.3%). However, operating profit margin expanded by 1430bps on a YoY basis, driven by the contraction in cost margins experienced in FY’17 (combined COGS and OPEX margin: Q4’17- 82.4%; Q4’16- 97.0%).

Net finance income leapt substantially by 805.8% QoQ and 1427.4% YoY to N5.3 billion in Q4’17, heavily impacted by foreign exchange gain of N3.9 billion and a write back of interest provision amounting to N203 million during the review period.

Owing to the above, together with a much lower effective tax rate of 7.7% (Q3’17- 32.9%), Dangote Sugar Plc reported a 40.8% QoQ increase in earnings to N13.3 billion. This also represents a 210.0% increase to the N4.3 billion reported in Q4’16.
Re: Nigerian Stock Exchange Market Pick Alerts by samzepaparazi: 3:10pm On Apr 03, 2018
Finfree18:


Am looking for a good forex coach based in Lagos. Someone who can train me one-on-one. Contact me so we can talk about your fee. I really want to learn.

Even Naira bet is better than forex.

Forex is a big waste of time and money.

Its pure guessing.

I tried it i aint going back. Those book makers will always wipe out your cash once it hits -95% .
The annoying thing when that happens is that within the same day , it could still yield more than 100% of your lot.

So why not allow one to set a time frame for the lot to expire rather than wipe the entire cash out as a loss on a dip of 95%.

Ahbegi

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 3:51pm On Apr 03, 2018
https://www.proshareng.com/news/CORPORATE%20RESULTS/LAWUNION-declares-N910.71m--PAT-in-2017-Audited-Results--SP-N0.73k-/39251
This is not a bad result, but for the fact that there us ni dividend.
Companies get liver these days o. Them go just release result forget say shareholders too go chop. They retain all profits, director earn bumper allowance while investors are left with paper gains for all their efforts.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:00pm On Apr 03, 2018
Mpeace:
https://www.proshareng.com/news/CORPORATE%20RESULTS/LAWUNION-declares-N910.71m--PAT-in-2017-Audited-Results--SP-N0.73k-/39251
This is not a bad result, but for the fact that there us ni dividend.
Companies get liver these days o. Them go just release result forget say shareholders too go chop. They retain all profits, director earn bumper allowance while investors are left with paper gains for all their efforts.
As per Nairametrics, they declared 4 kobo as DPS.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 4:10pm On Apr 03, 2018
Mpeace:
https://www.proshareng.com/news/CORPORATE%20RESULTS/LAWUNION-declares-N910.71m--PAT-in-2017-Audited-Results--SP-N0.73k-/39251
This is not a bad result, but for the fact that there us ni dividend.
Companies get liver these days o. Them go just release result forget say shareholders too go chop. They retain all profits, director earn bumper allowance while investors are left with paper gains for all their efforts.

Jejebaba:

As per Nairametrics, they declared 4 kobo as DPS.

Correct..

http://www.nse.com.ng/Financial_NewsDocs/21523_LAW_UNION_AND_ROCK_INS._PLC._CORPORATE_ACTIONS_MARCH_2018.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 4:12pm On Apr 03, 2018
Jejebaba:
As per Nairametrics, they declared 4 kobo as DPS.
Likewise on NSE

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:16pm On Apr 03, 2018
Does anyone knows the closure date, qualification date and payment date for LASACO.
Re: Nigerian Stock Exchange Market Pick Alerts by GTay(m): 4:19pm On Apr 03, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 4:26pm On Apr 03, 2018
samzepaparazi:


Even Naira bet is better than forex.


Forex is a big waste of time and money.

Its pure guessing.

I tried it i aint going back. Those book makers will always wipe out your cash once it hits -95% .
The annoying thing when that happens is that within the same day , it could still yield more than 100% of your lot.

So why not allow one to set a time frame for the lot to expire rather than wipe the entire cash out as a loss on a dip of 95%.

Ahbegi

grin
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 4:28pm On Apr 03, 2018
sellydion:


It is dumb stock na. It can either go Up, UP or down, down Mr market and participants decide.

Who then is sinning against who?

Ask the pastor. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Finfree18: 4:47pm On Apr 03, 2018
samzepaparazi:


Even Naira bet is better than forex.

Forex is a big waste of time and money.

Its pure guessing.

I tried it i aint going back. Those book makers will always wipe out your cash once it hits -95% .
The annoying thing when that happens is that within the same day , it could still yield more than 100% of your lot.

So why not allow one to set a time frame for the lot to expire rather than wipe the entire cash out as a loss on a dip of 95%.

Ahbegi


I need other Subject Matter Experts opinion on this please. I trust the experience, expertise and maturity of the members of this thread
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:57pm On Apr 03, 2018
Finfree18:


I need other Subject Matter Experts opinion on this please. I trust the experience, expertise and maturity of the members of this thread
If there is nothing tangible being bought or sold, it's as pure as gambling to me; that's my own investment principle

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 5:04pm On Apr 03, 2018
Agbalowomeri:
If there is nothing tangible being bought or sold, it's as pure as gambling to me; that's my own investment principle

YESSSSSSSS OOOOOOOOOOO. grin grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 5:09pm On Apr 03, 2018
leo1234:


Ask the pastor. grin
cheesy no! You have a better answer
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:40pm On Apr 03, 2018
Failed Bank Buyout Deal Shows Perils of Investing in Nigeria https://www.bloomberg.com/news/articles/2018-04-03/failed-bank-buyout-deal-shows-perils-of-investing-in-nigeria

This Milost deal bin dey real ooo...

Dem don take off from Unity bank. Why did the politically connected investor threaten Milost?

He doesn't want the bank to be capitalized?
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 6:43pm On Apr 03, 2018
Mpeace:
https://www.proshareng.com/news/CORPORATE%20RESULTS/LAWUNION-declares-N910.71m--PAT-in-2017-Audited-Results--SP-N0.73k-/39251
This is not a bad result, but for the fact that there us ni dividend.
Companies get liver these days o. Them go just release result forget say shareholders too go chop. They retain all profits, director earn bumper allowance while investors are left with paper gains for all their efforts.
talk of paper gain where is d paper gain? if e dey I for deh complain
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:43pm On Apr 03, 2018
RabbiDoracle:
Failed Bank Buyout Deal Shows Perils of Investing in Nigeria https://www.bloomberg.com/news/articles/2018-04-03/failed-bank-buyout-deal-shows-perils-of-investing-in-nigeria

This Milost deal bin dey real ooo...

Dem don take off from Unity bank. Why did the politically connected investor threaten Milost?

He doesn't want the bank to be capitalized?


Meaning that Japaul deal is gone too.

grin

Some people are carrying the last can.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:11pm On Apr 03, 2018
RabbiDoracle:

Meaning that Japaul deal is gone too. grin
Some people are carrying the last can.

Fallacy of hasty generalization. tongue
The Unity Bank news is not new now.
So far, the Primewaterview holding deal sailed through, hoping for a safe landing for Japaul.
My oga no vex o. lipsrsealed

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