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Re: Nigerian Stock Exchange Market Pick Alerts by Thinkbigga: 2:02pm On Mar 21, 2019 |
Please can someone help me with phone numbers with which I can reach veristas registrars concerning my Zenith bank dividend which I am yet to receive. I have called the official phone numbers severally but no one answered. I also sent them an email but no response. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:05pm On Mar 21, 2019 |
chocho1: I have always maintained that NIGERIAN BREWERIES(NB PLC) is a sell from my end. Stated it here when the price was slightly above N100. ...current price is @ N69.50 !! Fundamentally, the coy is overpriced. ...and so unless ur investment horizon is of the long term, it makes sense to not be overly exposed to this coy. The NSE recently reclassified the coy from high priced stock group to the medium priced stock group. ...a push back from category C to B. It is not for nothing that the coys share price underperformed in 2018 !! A quick financial line: Am sure u are aware that the company recorded a post tax loss of over N3.6B in their Q3 financials driven by stiff competition on the back of a slow down in REVENUE MARGIN. The major pressure point was occasioned by a decline in volume to single digit(the parent coy, Heineken did admit to this). The company also couldn't pass the high exercise duty(a +36% YoY increment as at Q3) to its consumers. To put things in perspective, the company just couldn't hike product pricing given the CONTRACTION in margin. ...in fact, the coy was forced to reverse any increase in product pricing on its key movable brands like Heineken, Life etc. Again, there was a sharp drop in PROFITABILITY margin with gross profit alone down by near 27% to 18.6B on the back of a higher than expected OPEX line and a less proportionate decline in CoS over the corresponding period of 2017. I expect the weakening of margins accross board to continue riding on into Q4. Using a mix of valuation model and discounting for all risk, my FVE computes to N61 per equity share of NB. ...which is an approx 12% dowside to the current market price of N69.50. However, a change in tide with certain key indices of their Q4 financial print might drive up the coys intrinsic value to approx N95. ...which is why I said unless ur investment horizon is of the long term, it makes sense to not be overly exposed to the coy for now. Overall I think that INTERNATIONAL BREWERIES(IB PLC) is given NB a serious fight for spot in all front. The recent opening of the coys Sagamu plant which added an approx 2.5M hectoliters to its existing capacity, enabling the company to increase its presence in the country beyond the south-west may be decisive in the short to mid term. ...unless the management of NB sits up to the challenge. 1st, the company needs to optimize their cost input while deploying a more rigid and workable strategy with been INNOVATIVE !! Given their current prices, I will pick IB ahead of NB. ...but that's just me. So due diligence is still advised as always pls. My advise? Pls follow ur instinct. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:16pm On Mar 21, 2019 |
they are thieves, na so they dribble me too. they dont want you to collect ur dividends. send them an email, copy sec@sec.gov.ng Thinkbigga: |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 2:25pm On Mar 21, 2019 |
Access Bank. That 10m units bid at N7.15.... It is well. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:30pm On Mar 21, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 2:34pm On Mar 21, 2019 |
http://www.nse.com.ng/Financial_NewsDocs/25345_CADBURY_NIGERIA_PLC._CORPORATE_ACTIONS_MARCH_2019.pdf Nigerians back at helms of affairs |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:39pm On Mar 21, 2019 |
Hope we all saw what happened during the 2:29:59 hr NSE play with Mr ACCESS? When near 15M unit was mopped up from the offer side of trade @ N6.90 per share. ...which was just 25k shy of the day high of N7.15. The stock has eventually closed @ same N6.90 today. That play reminds me of a similar incident 'in the house of WEMA.' We continue to observe !! 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 3:02pm On Mar 21, 2019 |
The stock will be prone to all manipulations for now. Those bids will only be coming from those that sold their Access bank shares at higher prices and just waiting to buy back. It will be interesting to find out when these guys sold and what they bought with the proceeds. Have they started buying back? onegentleguy: 3 Likes 1 Share
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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:06pm On Mar 21, 2019 |
mendes911: Boss the market is going to 30k region again... I hope the support hold this time. wat do u advice ? |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:21pm On Mar 21, 2019 |
onegentleguy: rebekah2011: If u ask me, who then shall I ask? I only know that something is happening in ACCESS and FCMB.(refer to the above post I put up a day before I keyed in to the former) However, I can only advise u to look to have and work with the right mix of the coys current fundamental indices. ...and then balance it with the current posture in its technical and trend(sentiment) analysis. ...then u can get the right signal to initiate/generate a buy in line with ur INVESTMENT HORIZON. But if u wouldn't do that, then stay off ACCESS. ...there are still a few other juicy opportunities in the market right now !!. ...or better still, follow ur instinct. NOTE: Still NOT a recommendation. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 5:47pm On Mar 21, 2019 |
Why Are Nigerian Stock and Bond Markets Telling Different Stories? https://businesspost.ng/2019/03/21/why-are-nigerian-stock-and-bond-markets-telling-different-stories/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Benz101: 5:49pm On Mar 21, 2019 |
Please Do I need to include shareholder’s account number while filling the e-mandate form? If Yes please where can I find it?
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Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 5:49pm On Mar 21, 2019 |
veecovee:I think after they must have consolidated everything and DMD appear as Access in your trading account. That shouldn't be long considering their date of commencing biz as one entity - which is April 1st, 2019, all things being equal. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 5:51pm On Mar 21, 2019 |
Mpeace:Weldone sir. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:59pm On Mar 21, 2019 |
Benz101: There is no need.As long as your details matches what you have with ur broker. Meanwhile if u're in lagos , visit there HQ in VI. or else it will take u 6-9mth to get paid..bookmark this for reference. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:02pm On Mar 21, 2019 |
Mpeace:Funny! |
Re: Nigerian Stock Exchange Market Pick Alerts by akinola98: 6:05pm On Mar 21, 2019 |
Please has anyone received APRIPUD dividend ?? they are meant to pay today |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 6:07pm On Mar 21, 2019 |
tritritri: Boss, I believe that without these FPI coming back to participate, NSE will go down. People think that rolling out of policies will bring them back but they have seen how many policies that have been rolled out the past 4 years, so they are not really interested. I see them coming back when we hit a very low level or maybe floating of our currency (or any other changes relating to foreign exchange). I became very afraid when market refused to react very positive to Zenith Bank 2018 FY result. I could be wrong though on my assumptions but that's the position am willing to take for now. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by kampower: 6:09pm On Mar 21, 2019 |
Thinkbigga: 012784167 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 6:09pm On Mar 21, 2019 |
rebekah2011: Access is been pushed up and it's even not so easy for the market marker. Offers kept over powering their strength, they had to pull a stunt at the last minute with 10m units bids at ₦7.15 but still could only close at ₦6.90. I will watch and see how much they are willing to spend. Very interesting. This reminds me of FCMB and their market marker |
Re: Nigerian Stock Exchange Market Pick Alerts by Benz101: 6:11pm On Mar 21, 2019 |
tritritri:Thanks a lot. Highly appreciated. |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 6:12pm On Mar 21, 2019 |
akinola98:Pls confirm the date again. The AGM is scheduled to hold on 26th of March. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:16pm On Mar 21, 2019 |
mendes911:I noticed that too. Think I made similar comment like 2days ago, that the more they were mopping offers, the more fresh ones keeps coming up. Access guys sure have an agenda. We keep watching them. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 6:50pm On Mar 21, 2019 |
mendes911: People should take the words of this man seriously, read what he is saying well, understand it well... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:51pm On Mar 21, 2019 |
mendes911: thanks ..i'll wait and when it break 30k ...will reduce my position.. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:54pm On Mar 21, 2019 |
tritritri: Lol
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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:58pm On Mar 21, 2019 |
tritritri: Tritri, just look at you saying thanks to the unknown. This market is defying the knowledge of men. Why don't you look at stocks that are undervalued and fast to recover and invest knowing fully the stock market will be on it's path again.... |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 7:02pm On Mar 21, 2019 |
JB... ₦2.00 http://www.nse.com.ng/Financial_NewsDocs/25349_JULIUS_BERGER_NIG._PLC._CORPORATE_ACTIONS_MARCH_2019.pdf Sir Chibu don "hammar"! |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:09pm On Mar 21, 2019 |
GonFreecss1: Na only bull on osogbo weed fit move zenith Not good result Not even dividend The stock is that useless It got to 34 last year January because of the general rally.. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 7:14pm On Mar 21, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:21pm On Mar 21, 2019 |
Yayira: There certain group of people the stock wants to delist b4 the Northern journey.Are you among them? |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 7:25pm On Mar 21, 2019 |
Julius Berger Nigeria Announces N2 Per Share Dividend, Nets N10bn as Profit https://businesspost.ng/2019/03/21/julius-berger-nigeria-announces-n2-per-share-dividend-nets-n10bn-as-profit/ Adeboye Takes Over as Cadbury Nigeria Managing Director https://businesspost.ng/2019/03/21/adeboye-takes-over-as-cadbury-nigeria-managing-director/ |
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