Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,061 members, 7,977,024 topics. Date: Wednesday, 16 October 2024 at 05:54 PM |
Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11694474 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) ... (4502) (4503) (4504) (4505) (4506) (4507) (4508) ... (8289) (Reply) (Go Down)
Re: Nigerian Stock Exchange Market Pick Alerts by potbelly(m): 11:52am On Apr 18, 2019 |
locodemy: |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 12:04pm On Apr 18, 2019 |
Ecobank's $450m 5-Year Eurobond Gets 'B' Rating from Fitch https://businesspost.ng/2019/04/18/ecobanks-450m-5-year-eurobond-gets-b-rating-from-fitch/ Nigeria Seeks Fresh N76bn Loan for Power, Road Projects https://businesspost.ng/2019/04/18/nigeria-seeks-fresh-n76bn-loan-for-power-road-projects/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:06pm On Apr 18, 2019 |
pluto09: I was expecting results like this from access but not this soon.. seems that wife wasn’t a liability after all.. Access eku orire oo He who finds a wife finds a good thing, And INDEED obtains favor from the Lord. |
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 12:15pm On Apr 18, 2019 |
Like say Jberger wan discover oyel |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:24pm On Apr 18, 2019 |
Mpeace: lol @ cook Ok.. we go know from q2 if truly them cook this q1 |
Re: Nigerian Stock Exchange Market Pick Alerts by longlife20: 12:29pm On Apr 18, 2019 |
There is something cooking in chams, after markdown today, the stock is still in full bid. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by cornwall: 12:38pm On Apr 18, 2019 |
Yayira: Not always the case. There are some women that are kaya carriers. Men should be careful of who they choose to luff! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by owolabi5: 12:43pm On Apr 18, 2019 |
longlife20: May be it is still cheap! |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:05pm On Apr 18, 2019 |
Yayira:The impact of the marriage is seen in the %500 rise in NPL from 2% to 10%. We need to see the audited q2 result sha. This one is good but their tax also looks not enough. |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:09pm On Apr 18, 2019 |
1 Like
|
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 1:12pm On Apr 18, 2019 |
I also noticed that NPL of 10%. I believe what they did was to indicate in some areas of the results the combined entity, while in other areas, the single entity like the personnel cost, which was almost flat. The H1 results will give us a clear view of the true position of things Mpeace: |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:13pm On Apr 18, 2019 |
CHAMS has been through the most difficult part of corporate existence as mentioned by their former chairman and founder. The company is set to reward investors. From the look of things, they have big roles to play in the Nigeria Version of 4th industrial Revolution . They are positioned to execute contracts for the FGN, the universities, the banking industry, INEC, and who knows Possible future electronic voting at States and Federal level. Investors should hold tight. I can see this company going far and surpass the previous year high. I posted the chairman interview here few days ago, I researched indeptly on the available informations at public disposal. the composition of their executives and board members.. Look as if they are determined to proof doubters wrong. And above all, A company that weather debt of N11billi. The company assets to debts ratio is also not bad. Hopefully things can get better with good management in place, renew fraternity with the FGN. PER is 4.99 Shares outstanding 4.7 bil 30 days average volume 22 million + EPS.. 0.07 Dividend 0.02 For now the fair value remains sub N0.50k Revenue 2018...N3b+ Net incomeN338m+ Profit margin 11.25% Total Liabilities N4bil Total Assets N5bil Debt assets 2.88% The only but is the negative cash flow from operating and investing Operating -174.9 Investing -59.4 Financing 125 However, the take home is the reduction of liabilities from N5 billion to N4 billion within a year. The payment of dividends DD is advised in joining the bus of this company with the on course story of from the worst to the best in the Nigeria bourse. I hold 1M units in my portfolio. Strongly... DD |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:42pm On Apr 18, 2019 |
potbelly:Lol. Loco, Pot belly is here to say hi to you. Some monikers are funny. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:45pm On Apr 18, 2019 |
UACN sighted at 6naira region, my sympathy goes to those losing money in that stock. Reason we were told not to invest and go to sleep even if its a long term investment. cc: teejay1334 |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:50pm On Apr 18, 2019 |
Mcy56: i had to vent my anger on UBA when FBN didnt cum down to 6 region. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:51pm On Apr 18, 2019 |
Mcy56:First bank..... There is simply no magic from the current management staff of fbnh. I doubt if this bank can weather the storm created by Mr. Bisi Onasanya et al The last news from fbnh... All the loans given out in 2012/2014 has been declared IMPAIRED.... WRITTEN OFF. The shares of the bank was dead yesterday and alive tmao and vice versa. There is more hope for access bank with 10% NPL Fbnh is impaired with the impaired loans given to family and friends of Onasanya et all. If fbnh trade at sub N8 it will return to the base at sub N7. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:54pm On Apr 18, 2019 |
tritritri: |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:01pm On Apr 18, 2019 |
Mcy56: i hope so ooh...no be sey after person buy finish...market will do me what it did locodemy. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:12pm On Apr 18, 2019 |
chocho1:7Up has been delisted on the exchange since last year. I guess you're still having it in your portfolio cos you are yet to be paid the N125/share cash consideration. Contact their registrar, gtlregistrar (Greenwich) on how to get your payment. Remember delay may be dangerous too. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:16pm On Apr 18, 2019 |
cornwall: Lol |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 2:19pm On Apr 18, 2019 |
CCT Orders Removal of Justice Onnoghen, Gets 10-Year Ban https://businesspost.ng/2019/04/18/cct-orders-removal-of-justice-onnoghen-gets-10-year-ban/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:19pm On Apr 18, 2019 |
Godlylifeoneart:My oga, what do I know? Na SA I dey take talk o. Na to say I forget to put it as caveat ni. Let me come and be going, afterall "no be only me waka come". 1 Like
|
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:31pm On Apr 18, 2019 |
Mcy56:Lol.... Optimists rule the market |
Re: Nigerian Stock Exchange Market Pick Alerts by ndidigood(f): 2:36pm On Apr 18, 2019 |
Mcy56:inofitlaff chai |
Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 2:38pm On Apr 18, 2019 |
longlife20:It is just being driven by sentiments of its apparent cheapness. Though I am enjoying the ride...to disembark at the right time. |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 3:33pm On Apr 18, 2019 |
Yayira: Gracias |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:13pm On Apr 18, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 5:13pm On Apr 18, 2019 |
Nigeria Still Safe to Borrow Additional N7.9trn—FSDH https://businesspost.ng/2019/04/18/nigeria-still-safe-to-borrow-additional-n7-9trn-fsdh/ Buhari Signs New Minimum Wage Bill Into Law https://businesspost.ng/2019/04/18/buhari-signs-new-minimum-wage-bill-into-law/ |
Re: Nigerian Stock Exchange Market Pick Alerts by soloniger(m): 7:35pm On Apr 18, 2019 |
DeRuggedProf:remembering he ...... tins at the AGMs |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:39pm On Apr 18, 2019 |
WEMA BANK IN THE NEWS https://m.guardian.ng/business-services/wema-bank-targets-n1-trillion-capital-base/ Mulls M&A, expansion to other retail segments Buoyed by its 2018 financials and performance in which it prescribed the payment of 3kobo dividend per share for the first time in 15 years, the management of Wema Bank Plc has said it is targeting a trillion naira asset base over the next few years, while expanding its tentacles in other retail segments. Areas of interest to the bank include downstream oil and gas, where many a banks got their fingers burnt in the past, specific agriculture value chain, and the small and medium enterprises (SMEs) space, where it plans to churn out tailor-made products to meet customer needs. Revealing more of the plans in Lagos, Tuesday, the bank’s Group Managing Director/Chief Executive Officer, Ademola Adebise, told journalists specifically that by 2020, the management hopes to double key indices including assets, deposits, profits and more. These, he believes, will prepare the bank to consider opportunities in the mergers and acquisition space, even as he refused to be drawn into specifics on whether there are already ongoing talks with prospects. He rather clarified: “There are two ways to grow – you grow organically or you grow inorganically. What we are saying is that in the next two years, we want to double our indices through organic growth. Afterwards, if there are opportunities for M&A we will consider it. “M&As are created by opportunities, it’s not that you will go and submit yourself to M&A. today, we are in the neighbourhood of N400billion in assets, so we will be shooting for about N800billion by the time we double that. We want to get into the trillion naira mark in terms of asset base, and not that we will get there through M&A.” Furthermore, the bank plans to leverage on technology, notwithstanding the high cost, to achieve set targets, while also cutting operation costs. Adebise said: “During the tenure of the former MD, Mr. Segun Oketuyi, we started to strategically take the bank out of the woods; the first thing we did was to address the liquidity situation or what we called stabilising the bank, and the next phase was to put in place building blocks, and the last phase that we’re in now, is growing the bank. Basically, it has been a tough, but exciting journey. “Last year, saw the bank declaring dividend for the first time in 15 years. The last time was in the era of Mr Tunde Lemo, also a former CBN Deputy Governor. We see this as a demonstration of all the efforts of management over the last nine years, which culminated in the payment of dividend. “From here, we intend to be a strong retail bank, leveraging technology and innovation. Also, the next two years, we will try to double our key indices including assets, deposits, profits etc, and to play big in the retail segment. At the end of the day by 2020, we would have doubled our numbers. By this, we would then embark on opportunities in M&A for inorganic growth. “We have key sectors of the economy that we have mapped out to achieve this growth. Also, we are trying to ensure that we have well-trained and well-motivated staff that will also be well-remunerated.” When noted that increasing adoption of technology may lead to the sacking of some staff, Adebise insisted that this is not necessarily so, because Wema Bank has what he describes as “a clear digital journey, which involves various business models.” He argued that business models are changing on account of technology innovations, as such, companies must learn how to maximise these for value addition. |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:55pm On Apr 18, 2019 |
tritritri: http://www.nse.com.ng/Financial_NewsDocs/25838_AFRICA_PRUDENTIAL_PLC_CORPORATE_ACTIONS_APRIL_2019.pdf http://www.nse.com.ng/Financial_NewsDocs/25837_AFRICA_PRUDENTIAL_PLC_FINANCIAL_STATEMENTS_APRIL_2019.pdf What about this sir? |
Re: Nigerian Stock Exchange Market Pick Alerts by potbelly(m): 9:23pm On Apr 18, 2019 |
Mcy56: 1 Like |
(1) (2) (3) ... (4502) (4503) (4504) (4505) (4506) (4507) (4508) ... (8289) (Reply)
Viewing this topic: floydmayweather, Jats2k2002, leparj(m), emmasoft(m), Krisuba, tijany130, purity2all(m), progressing(m), megawealth01, PharmAlfred, ice234, Trojan8(m), talktofemi, jaybee3(m), yMcy56, Ginalex(f), popoolaRofiat(f) and 8 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. 67 |