Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,200,889 members, 7,976,314 topics. Date: Wednesday, 16 October 2024 at 04:04 AM |
Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11690575 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) ... (3964) (3965) (3966) (3967) (3968) (3969) (3970) ... (8284) (Reply) (Go Down)
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 1:59pm On Sep 26, 2018 |
DeRuggedProf: Ur BEST bet is to go and buy CAVERTON now !! Stop waiting for a BONANZA that may not come. How are u sure that 80% of the renowned 'bonanza gang members' are not already in the market now. ...most persons often get carried away by 'market noise', because they've got NO STRATEGY of their own. I once put up this NUGGETs here: If u desire to fair well in the stock market then LISTEN to the 'songs' of the leader herds and analyst alike, but pay more ATTENTION to their dance steps. ...It's a good way to Interpret their 'lyrics and choruses', and an even better way to measure the 'rhythm and heartbeat' of the market. ~Sinclair "When the stock market request for 'a drink' from u, give to it but ONLY if its a sound but cheap one. ...and when it offers u 'a drink', take a sip, then drink a bit more but try NOT to get intoxicated. It's a great way to benefit more from 'him' over TIME." ~Sinclair NOTE: Due diligence should still remain ur 1st priority. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 2:04pm On Sep 26, 2018 |
Re: Nigerian Stock Exchange Market Pick Alerts by Bezzle: 2:05pm On Sep 26, 2018 |
[quote author=currentprice post=71534806] may be u sees wema for 58kobo as a cheap price, it actually expensive base on Q2. though anything can change in 2nd half of the year. wema price 0.58 , eps 0.04 , pe 14.5 , roe 3% etc STANBIC bank @ N44 is cheaper than this stock talkless of zenith , eti and so on Many thanks sir I appreciate this |
Re: Nigerian Stock Exchange Market Pick Alerts by Bezzle: 2:07pm On Sep 26, 2018 |
Thank you oga OGG quote author=onegentleguy post=71537351] U are only looking at a single factor (deriavable earnings to equity holders) in isolation. To draw a BETTER INFERENCE in fundamental analysis, its ALWAYS BEST to look at several indices as a combination. Let me try and do justice to a few. Some KEY highlight: ▪ Improving ROAE. ...which prints 7.39% as at H1 2018. Given current indices, It's clear that this line will grow to well above 10% by YE. ▪ fairly steady growth in interest and non-interest income. ...with the latter growing from just above 24% to 33% in 2018 over the corresponding period of last yr. ▪ Improving CAR. ...growing by near 33% from 10% to 13.27% as at H1 2018. It's important to note that the re-commencement of the 50B bond program will still improve CAR by above 15%. WEMA has already raised the 1st tranche of funds via bonds. With CAR at above 32% past the CBNs regulatory minimum for banks with national license (like wema), the banks qualifying capital in proportion to its loan is very sound. ...the interpretation of this is that the banks equity measured against its risk assets is very HEALTHY !! The banks cost of risk is also relatively low. So for those who hold the funny belief that WEMA might go the way of skye, read this; WEMAs position on CAR, NPL and CoR clearly shows that the bank is very SOLVENT and NEVER in dare need of funds. The banks NPL ratio of 3.3% is presently about the lowest for quoted coys in the industry. ▪ The bank also improved their Asset yield following from a better than expected loan growth. YoA currently prints at 18.24%. ...this is KEY. ▪ Management were also fairly efficient as NIM improved from approx 6% in 2017 YE to 7.24% by H1 2018. ▪ Improved LOAN GROWTH. ...coming from the back of a regressive position as at YE 2017 to 3.5% in H1 2018. The bank also expects this to hit 10% by YE. ▪ Improving customer deposit. ...from a previous all time low to 39% as at H1 2018. With the banks present degree of Innovation, this line may well hit above 50% by YE. ▪ Despite a slightly higher OPEX and cost to income ratio, the bank still grew their net income line. ...which reflected in their ROAE, ROAA and Equity Multiplier. Suffice to say that the main drivers for the increase in their expense line was as a result of their key technological developments and brand positioning efforts. (pls refer to the NTS) ...and so over a time adjusted basis, these innovations will most likely transform into higher earnings in TOPLINE. ▪ The bank has also been very innovative with the changing tides of the economy in other to better build on their interest income and net margin. WEMA is currently one of the best fintech banks in Nigeria. ...their fintech space, ALAT presently speaks volume of the banks future earnings drive. If one can read between the lines and properly dymisify these figures, u would see that WEMA is a BARGAIN at current market price !! This bank has witnessed a remarkable turnaround in the past few yrs. Needless to say that it is a GREAT GROWTH stock !! ...those who know, know what they need to continue to do. I also need to remind u that the essence of the banks recent capital reduction exercise was to allow for dividend payment this year. ...the bank gave guidance to this when it said it will pay a dividend this yr before completing their bond raise. NOTE: There is absolutely NOTHING like a planned share reconstruction. ...it's important not to put out false news. WEMA is not the only bank with a high OS. But I do agree that there are better banking coys in the market now. UBA, ZENITH, FCMB, and STERLING are currently selling at good bargains, but not STANBIC. Dont be deceived by the Nos from STANBIC. One of this days, I shall do an expose on that coy. Current price is at a premium to true valuation. But folks should always remmember that due diligence is still advised as always pls. Enough said.[/quote] |
Re: Nigerian Stock Exchange Market Pick Alerts by stockbull(m): 3:03pm On Sep 26, 2018 |
Kayode121: ********** miikah: ********** DOLLARTEX: *********** phemmie06:*************** Just checking in and realized this ugly drama. Thanks to the commenters who at least scared the potential scammer away. It's disheartening, one would still have to be taking responsibility of protecting one's integrity after making online presence, especially in social communities. |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:23pm On Sep 26, 2018 |
morgan capital and skye bank(polar) is like 5/6 they still use the bank as their main bank for customers deposit and they are the only broker i know using the bank hope they have no skye bank share 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:36pm On Sep 26, 2018 |
|
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 3:44pm On Sep 26, 2018 |
where your arrow for the upside na, be positive for once geeeeez |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 4:01pm On Sep 26, 2018 |
Michael11stock: Turn your screen upside down. It will negate the direction of his arrow. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 5:51pm On Sep 26, 2018 |
Mcy56:Fidelity is not for offloading. Its for loading. I see in fidelity what I was looking for in uniondac. |
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 5:56pm On Sep 26, 2018 |
mendes911: |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 7:28pm On Sep 26, 2018 |
https://www.proshareng.com/news/Oil---Gas/$100-Oil-Is-A-Distinct-Possibility/41973 |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:33pm On Sep 26, 2018 |
DeRuggedProf: Oil is doing a topping since yesterday To retest 70 |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 8:39pm On Sep 26, 2018 |
Why am I the only one viewing this thread by 8:30pm? Has the world ended? |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:09pm On Sep 26, 2018 |
swilo: Home alone |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:16pm On Sep 26, 2018 |
swilo:Member has travel to enforce minimum wage strike
|
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 9:54pm On Sep 26, 2018 |
Agbalowomeri: I have been studying Fidelity bank result like I have an exam to write on it. This seems to be the magic. Credit related fees NGN 4,270 (H1 2018) --- NGN 568 (H1 2017). Please, any explanation for this increase? These days there is usually a reason to believe the banks always have something to hide. |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:20pm On Sep 26, 2018 |
currentprice:thks 4 d graph |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:56pm On Sep 26, 2018 |
Sterln bank - (putting the yeye MM volume behaviour aside) - SP breaking into month 4 high - monthly macd above zero line - monthly RSI holding above 50 - SP breaking back above 50dma & 200dma - even d 50 dma is curving back to break above d 200dma - weekly MACD breaking above the sig line - BB squeeze with price breaking above the mid line - daily macd rising above the zero line join ehn ehn . . and be be lo #JustObserving |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:06pm On Sep 26, 2018 |
Caverton - 6 consecutive lower monthly closures - weekly / monthly resemble cup and handle ! ! - WIP #justObserving |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:25pm On Sep 26, 2018 |
heyteaherm:GTB update - SP thrusting out from that massive weekly pin bar 2wks a ago ! - here comes d lower high in d making ! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 12:44am On Sep 27, 2018 |
A question please, what does it mean when we say: PROFIT FOR THE PERIOD is 11,843 and TOTAL COMPREHENSIVE INCOME FOR THE PERIOD, NET OF TAX is 8,514 when tax has been deducted previously. Secondly, wouldn't it be right to factor in the reclassified losses when calculating the true EPS? Is there a separate account where these reclassified losses are channeled to (eg the retained earnings)? #refer to Fidelity H1 result. |
Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 1:48am On Sep 27, 2018 |
Mpeace: Is BONANZA still coming? |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:51am On Sep 27, 2018 |
Bishopking:e go do you vum for eye.you better grab your copy,while stock last. |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 2:07am On Sep 27, 2018 |
My eyes were just opened to some ratios. It is amazing the way a newbie can be easily deceived. Assignment for all newbies: Go an do the basic maths of calculating how much profit each company on NSE makes from a revenue of 1 billion. You will quickly see why some companies are preferred over others, you will know why some kobokobo banks are actually more expensive in the long run. |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 2:09am On Sep 27, 2018 |
DOLLARTEX: My brother, look well before you cross. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:14am On Sep 27, 2018 |
swilo:OK,what is your take on fidelity H1 result? |
Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 2:45am On Sep 27, 2018 |
DOLLARTEX: To load or to offload? |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 3:27am On Sep 27, 2018 |
DOLLARTEX: If you observe carefully, I put some questions above that need to be clarified. Well, I think Fidelity Bank hired a very good doctor this year. |
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 4:38am On Sep 27, 2018 |
veecovee: Defend? Really I only explained to currentprice the 'abracadabra' that made their retained earnings to move 'suddenly' from positive to negative. Wema does not meet my investment criteria and it is a PERSONAL thing. Same way NOSPETCO and co never entered my consideration. I don't comment on the possibility or otherwise of people making money! Life is all about choices. We don't all have to make the same choices. And note, any choice you make, you are RIGHT. |
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 4:40am On Sep 27, 2018 |
OBAGADAFFI: AND why do you think the biggest investors are not offloading? Why are those BIG investors not in Wema, Japaul, Skye and co? |
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 4:45am On Sep 27, 2018 |
Mcy56: How many months delay compared to SKYE? There are many reasons why audited results can be delayed. It is not only because the result is BAD. Auditors give priorities to companies based on audit fees and the controls you have in place. If Fidelity full year result is LATE then something definitely is wrong with their systems/controls which is a RED flag. |
(1) (2) (3) ... (3964) (3965) (3966) (3967) (3968) (3969) (3970) ... (8284) (Reply)
Viewing this topic: emmanuelewumi(m) and 4 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. 44 |