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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11386058 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)
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Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 9:31am On Mar 31, 2019 |
aremso:it was not like this back in d days. even many stocks are not living their fair value . However one should not fail to lock in when one sees a growth stock. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:49am On Mar 31, 2019 |
arduino: Companies on ICU can't pay you dividends. So don't compare ICU patients with healthy ones I don't invest in such ICU patients. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:51am On Mar 31, 2019 |
PharmAlfred: You can only load limited volumes without increasing price. You can't load volumes in excess of 10m units with price still the same. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:06am On Mar 31, 2019 |
locodemy: I didn't know you were an investor. Nice one bro. Most people don't understand how this game works. You just summarized it. For those who don't know, if he bought at 24 for example and he got N2.5 in 2017 year end, got interim (N0.25) for 2018 and now getting N2.5 again for 2018 year end, this shows that he has collected N5.25. when you less 10% WHT, his final amount collected so far from the bank is N4.725. This shows that gradually his purchase price of the stock is gradually falling from N24 to ~N19.3. this has given him rest of mind and it has also saved him brokerage fees by jumping in and out of stocks. If stock market remains irrational longer than he remains solvent, say in the next 3 years, he will keep collecting N2.475 (if you take 10% WHT out of N2.75 yearly dividends). In that next 3 years, this man should have got additional N7.425 as dividends. Net this amount from the N19.3 net purchase of his stock, you will have a final value of N11.875 If he decides to sell at N24, you may say he is losing because he bought at N24 and selling at N24. But he has got so much from dividends. If he sells above, he has made more profits. So bro, you are on the right track. Keep it up. But once there is madness of the herd in bidding prices too high, you sell off and move on. 16 Likes 3 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:12am On Mar 31, 2019 |
rebekah2011: More like saying there are only 4 gurus on NSEMPA. Others are just there abi? ![]() You are wrong! There could have been wrong in the merger but don't discount other banks. Non academic staff union don't want to be academic staff union. But academic staff union should not say that they are the only ones better than the Non academic staff. Everyone is needed for the proper functioning of the school. Same goes the banks. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:15am On Mar 31, 2019 |
Beke2020: You sound like brother Tolu. ![]() Ekaro Egbon |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:20am On Mar 31, 2019 |
maishai: Are they paying dividends? Let them settle their loans first, then they can be free. They need to do capital raising where they will help move out of the deep waters. For now, wait at N3 to N4. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:25am On Mar 31, 2019 |
Mcy56: So that people can sell down and others will embark on the bus. So no biggie! ![]() ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 10:26am On Mar 31, 2019 |
As expected, DANGOTE FLOUR released a very poor result showing a drop accross all key deriavable revenue and earnings line. Worthy of note, was the quite visible drop in attributable earnings(EPS), ROAE, ROAA, RoIC, GROSS MARGIN, PAT MARGIN and EBITDA MARGIN. For context, the group saw EPS drop by near 108% from N291.3 in FY 2017 to a negative position of 22.87k in 2018. Again, a negative print in RE also ensured that shareholders will have to wait and hope for their next cashflow return(dividend) in 2019 and none this year. We have since pointed out these facts and more when we advised a SELL on these coys following the release of their Q3 2018 financial prints. In general, most FMCGs(with emphasis herein on FLOURMILLS, DANGOTE FLOUR, HONEYWELL FLOUR and DANGOTE SUGAR) has had to suffer from the present WIDE margin of disconnect between the country's key policies and the real side of the economy. ...which has in turn put pressure on their drive for increased sales and created a corresponding strain in their RoIC. MARGINS decelarated against time at a faster pace than their expected deriavable earnings over the course of 2018. I don't expect this year to be any much different. Though I see FLOURMILLS(which has a higher mkt share) and maybe DANGOTE SUGAR coming off the yr, 2019 at a slightly better financial posture. However, I still expect the contraction in margin to continue. ...but gradually abated over the course of 2019 as the stability in the fx space and the recent 50bps cut in interest rate by the CBN helps aid their flow of liquidity and ease the current squeeze in sales and deriavable earnings. On that backdrop, their H1 2019 results will show the way. Using a mix of valuation models, all coys are presently selling at a premium to their current market price. FLOURMILLS though, is the better off amongst them given that the current price is near my N16.5 FVE. For those presently in but are looking to play these stocks in the short term, I have a sell recommendation. Infact, except ur investment horizon is of the long term, its best to watch these coys from the side line. ...at least for now. I recall I did advise a sell on them after their Q3 2018 results were released. CAVEAT: NOT to be depended upon as an outright recommendation. Due diligence still applies. My advise: Pls follow ur instinct. Regards. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 10:40am On Mar 31, 2019 |
RabbiDoracle: This is a very powerful insight. ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Infinitisi(m): 11:29am On Mar 31, 2019 |
#Respect. Always good to look at the bigger picture. RabbiDoracle: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Infinitisi(m): 11:30am On Mar 31, 2019 |
By the way house please where are BBM and Fxuser? |
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 12:50pm On Mar 31, 2019 |
Infinitisi:strategy ok for money bags with idle funds not for hustler 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:04pm On Mar 31, 2019 |
rebekah2011:FO closed @ #27.70 on Friday, recorded 1.46 eps in their 2018 final year result against 2.85, in 2017. Majority of NSE listed companies recorded massive loss in 2018 final. |
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 1:23pm On Mar 31, 2019 |
Chibuking81:pls what's eps for chams plc? cos my calculation is showing 5k. don't know if I have d right data |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 1:26pm On Mar 31, 2019 |
My Oga, who am I to say that you are not correct? I was just using my small knowledge to limit my investment bouquet ni o RabbiDoracle: |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:28pm On Mar 31, 2019 |
yom2: GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM GBAM ! 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:29pm On Mar 31, 2019 |
Imagine 10% of 200m ![]() I’ll only trade once a year 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 1:35pm On Mar 31, 2019 |
UPDATE ON THE PURPOTED COURT JUDGEMENT AGAINST GTB. https://investadvocate.com.ng/2019/03/30/gtbank-issues-update-on-judgment-awarding-billions-to-innoson-motors/ " The attention of GTBank has been drawn to false, mischievous and malicious statements circulating in the news and social media in respect of a purported directive by the Supreme Court of Nigeria to the Bank to make payments to one of its debtor Customers. The Bank’s Customers and the General Public are hereby kindly urged to disregard these false statements as nothing could be further from the truth. There was no such directive or order issued by the Supreme Court of Nigeria to the Bank to make any payment to any of its debtor Customers." Those in this coy can do well to take note and be guided accordingly. However, even in the unlikely event that Sir Innoson wins the case, I still do not forsee any kind of major impact. The said amount of N8.8B is no way near 10% the banks last PAT margin. ...not even any way near the amount that's consistently doled out as dividend YoY. So there's absolutely NO need to fret or worry at all !! GTB is a fitting description of a very effectively run and efficiently managed entity. Those in doubt can argue with the banks consistency with delivering a healthy ROAE, ROAA, RoIC and EM. No caurse for alarm !! It is well. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:59pm On Mar 31, 2019 |
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Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:06pm On Mar 31, 2019 |
yom2: ![]() ![]() ![]() Anyway that's good. This is interesting, a stock of 20 Kobo with 8 kobo EPs and 3 kobo dividend. Eyes opener http://www.nse.com.ng/Financial_NewsDocs/25430_CHAMS_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf Unity bank of 80 kobo, with EPs of 13.3 kobo, against 2017 loss of (127.62) http://www.nse.com.ng/Financial_NewsDocs/25521_UNITY_BANK_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by STOjo: 2:25pm On Mar 31, 2019 |
aremso:@Beke2020 please note that you are not the only one in this bus. I will encourage you to heed the advice given. There is no cause for alarm. Hold your stock, it will appreciate. @Aremso, I will like to rub mind with you. We seems to have been through the same route and doing similar thing. Best of Luck. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 3:12pm On Mar 31, 2019 |
swilo:I don't read before but that particular one I referenced sounds more like he was addressing someone, so I clicked and read it. ![]() When I got to the page I had to now read about 3 pages and I found some of the messages interesting. I'll be visiting the page from now on. I don't agree with some too and I noticed emphasis on outward appearances more than inwards. Anyway, if comments are allowed by Vee, I may be commenting once a while....though I saw a comment from you. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 3:23pm On Mar 31, 2019 |
Mcy56: I don dey feel guilt say na that picture wey I upload weeks back make Pastor Vee preach that sermon oooo |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 3:24pm On Mar 31, 2019 |
RabbiDoracle:Arduino, oracle don dissociate himself from you o, he talk say your coys get serious woundjurement and their conditions dey critical. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 3:36pm On Mar 31, 2019 |
arduino:Lol, we don plenty wey he dey take preach be that, me self mention 'crush'. ![]() Vee no go woundjure person here.....but he no dey reason deepsuk matter. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 3:46pm On Mar 31, 2019 |
RabbiDoracle:Who is this uncle Tolu that the ogas on top always mention? |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 3:47pm On Mar 31, 2019 |
tritritri: Waiting for it at N3 junction.... ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 4:10pm On Mar 31, 2019 |
Tomorrow market. Some stock will run forward, while many will run backward. MM will try to defend some poorly performed stocks. Friends it will be a great opportunity for the informed members to bail out, because surely they will get tied and stock will fall. Some stocks will be heading backward to 50 kobo, some #1, and some #5, while some will be moving forward to #1, some #5 and some #10. |
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 4:55pm On Mar 31, 2019 |
Mcy56: Hahaha...... But even in their critical conditions some people dey use them collect 15%-50% monthly ![]() ![]() In fact we all witnessed how Yariya chopped more than 250% clean mouth from the most critical patient (DiamondBank)in the ICU ward months back. ![]() ![]() 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 5:03pm On Mar 31, 2019 |
Mcy56:Na one of the Biggest money bags of SMN in the good old days. This man alone and one other Oga wey day work with NRC can determine market direction on a good trading day. #RunsOutofThread# |
Re: Nigerian Stock Exchange Market Pick Alerts by Redoil: 6:27pm On Mar 31, 2019 |
Has UBA release their fina result and how dividend did they pay |
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