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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11377323 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 1:20pm On Oct 25, 2019 |
RabbiDoracle: Oh... don't mention bro !! ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:33pm On Oct 25, 2019 |
Agbalowomeri: The guy is very distasteful and stinks of arrogance, pride and egoism...I detest people with such haughty, exasperating and condescending attitude. |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:36pm On Oct 25, 2019 |
onegentleguy: Will there be "ukwu" to check out after the meal.... ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:48pm On Oct 25, 2019 |
Zee supplies /dumping @ 17.00 ..maybe they go continue next week Watching |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:00pm On Oct 25, 2019 |
lancee: 10-20% gang is/will soon be on stage but bears not yet over. I like am. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 2:01pm On Oct 25, 2019 |
onegentleguy: A3 for SS1 student writing GCE. As at my SS 3 I graded an A1 and every other subject was also an A. If you din't grade better than 7 As, please keep quiet! |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 2:01pm On Oct 25, 2019 |
Stock Trading Versus Sports Betting; The Differences and Similarities https://businesspost.ng/economy/stock-trading-versus-sports-betting-the-differences-and-similarities/ BUA Sugar Test-Runs Port Harcourt Factory Equipment https://businesspost.ng/economy/bua-sugar-test-runs-port-harcourt-factory-equipment/ Balarabe Retires as Fidelity Bank Deputy Managing Director https://businesspost.ng/jobs/balarabe-retires-as-fidelity-bank-deputy-managing-director/ |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:03pm On Oct 25, 2019 |
REFLECTING ON GUINNESS NIG PLC... http://www.nse.com.ng/Financial_NewsDocs/27892_GUINNESS_NIG_PLC_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf I recall advising some folks to SELL off their stake in this coy a few months ago. Current fundamental stance leaves more pessimism with risk than optimism for reward(risk-return in view) The brewery sector is suffering. ...no thanks to margin squeeze from contracting volume push amid lower purchasing power, despite price stability. The recent border closure has also added to the strain for earnings drive. When u remember that INTERNATIONAL BREWERIES is currently parked(on full offer in days) @ N12.60 with NO bidder, while looking for money(to raise funds via rights issuance @ N9 per share), u will appreciate the FACT that GUINNESS NG PLC might still be expensive even @ the current market price of N23.85 !! ...no wonder its on full offer too. The coy is now a loss-making entity, following a gap down accross all KEY revenue and earnings line in its latest financial print. NB and INTER BREWERIES started out this way(at the time, we also warned about the red flags) as loss-making coys, before their serious plunge in share price. I still maintain a sell guidance on GUINNESS. ...though expectedly, price is now closer to that point when feasible REWARD should overtake inherent RISK. Folks will recall that I called for a SELL in the stock when price was still hovering around N41-45. ...it has since lost over 70% given the present market price. NOTE: Still NOT an investment recommendation. Due diligence should remain ur 1st priority. My advise? ...Pls follow ur instinct. Btw, I have since advised a SELL in coys like TOTAL, MOBIL and PZ PLC. ...particularly the 1st 2 coys. It is well. |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 2:05pm On Oct 25, 2019 |
Nothing wey Aisha no go see for Presidential Villa. So we are now counting how many A's we made in school. Biko, how many A's did Aliko Dangote be get for school? How many A's did Bill Gates get for university? Make una keep quiet mbok. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:06pm On Oct 25, 2019 |
Coolcash1: With due respect, pls where is Pastor Vee? ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:09pm On Oct 25, 2019 |
meshpips: So if you hear 8A1s, will that make you keep shut and leave us alone? ![]() Olodo rabata ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:11pm On Oct 25, 2019 |
Its like we are sighting green small small........we keep observing. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 2:11pm On Oct 25, 2019 |
robobo: Possible answer to bolded below Conclusion: the sentiments are consistent across board Response 1 You're shaking a broken table Equity isn't a generic name in Nigeria. Nah not even a noun. As a name describes attributes and character of the underlying. PFAs have bought something hard to describe. The last 10 years has produced significant negative returns save for year 2013 and 2017. 8 solid years of losing money not in single digits but mid and upper teens. If the money was left in cash it would have been better. If we add inflation considerations, your guess isn’t going to get there. You also missed the blatant destruction of value by unexplained, unexpected shut downs and nationalization of how many banks? Oceanic bank, Intercontinental, Bank PHB. Notably there is that special oil and gas company that is always raising money, Skye Bank - What did PFAs get? Zero. These were banks that had big 4 audits and CBN affirmative reports 3 months before an overnight take over. Check in and see what the industry lost PFAs are fiduciaries and will not ignore the concerns of the plan owners who already live with the hope that these monies will amount to something. It's not risk-aversion but common sense. How do you stay invested in an asset class that drops to zero overnight . When PFAs complained about small trades (market manipulation) affecting portfolio valuations what happened? 2 nondescript brokers will trade 10,000 units of a stock and make a single PFA lose 2bn in one day. Is that a market? There were 120 banks and over 300 insurance companies in this country at some point , where are we today. Has the market grown or we should just continue to plow in? Trust is a precious commodity. Once broken, in any relationship, It will take a long time to rebuild. That's happened in this market and unfortunately not being looked at. Response 2 Greetings and good to read your write up as always.I asked the question after reading through; what exactly is the answer you are expecting to your question? Where should the loyalty of PFAs lie? To the market or their RSA holders? I would say to RSA holders/members of course. Do you Invest Longterm to destroy value or to grow value? Are Nigerian Equities positive for LT investors or value eroding? Look back 10, 15 years and you will come to the same conclusion that the majority of Names on the NSE are value destructive for a Long term Investor. Look at the 10 year look back that was published recently showing that only a few names outperformed inflation and devaluation, over the 10 year horizon; one banking stock – Guaranty Trust Bank, FCMG – Nestle Nigeria, two Agriculture Company – Okomu and Presco…. Also, we have found out that the so called equity premium does not exist for most names in Nigeria; certainly not in the last 15 years. You raised the question on whether Fixed Income is risk free? The professionals know that nothing is risk free; not even US Treasury!!! However, there is the believe that if you are a Naira investor, and Nigeria does not implode or explode, the Federal Government will print money to settle Naira bonds/Treasury bills obligations if it needs to. Euro Bonds holders may not have such consolation. I am not sure therefore that Fund Managers should put clients’ money at risk, just because they want to be or be seen to be LT players. This behavior will subsist until the Macros, the fiscal and the monetary line up, and rational analysis supports playing Long term. Till then…….. Anyway, I always enjoy your writes up, and I like the emotion behind them. Response 3 For most PFA’s there is also concern that you could be penalized for performance below industry average. As result, if you are being measured against peers that have little or no equities (and you are heavy on equities) the possibility of having returns below peer average is high…this could come with penalties. I even think things could worsen once the transfer window opens…as managers may be under pressure to deliver short term returns. From An Equity Salesman 4 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 2:13pm On Oct 25, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:14pm On Oct 25, 2019 |
GT on the move too....... slow and steady. ![]() Una no dey buy from other sector ni? Unilever is on its yearly low now. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by TraDeRR: 2:14pm On Oct 25, 2019 |
735i: It is now 100% that what I sent to a friend will happen..”if they continue with this sexiness “ I dumped it for Transcorp but no probs.. Transcorp Wey your result oo
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Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:14pm On Oct 25, 2019 |
zee gt, uba ,access battling the bear .. orders keep coming |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 2:14pm On Oct 25, 2019 |
mendes911: ![]() ![]() ![]() Maybe we dey new syllabus sir. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:20pm On Oct 25, 2019 |
Agbalowomeri: Folks dey EXCEL in ABSTRACT ALGEBRA(math 55a) and COMPLEX MATH ANALYSIS(math 55b) and that olodo dey here dey make noise !! The dude get brain tumour that's in dare need of a SURGICAL DRAINAGE !! ![]() ![]() ![]() We no need to waste TIME on that guy. |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:24pm On Oct 25, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by Homextras: 2:25pm On Oct 25, 2019 |
The manipulations in this market is something else. Forte Oil..yesterday +10% today -10%. Scam of the century. Where are our regulators? |
Re: Nigerian Stock Exchange Market Pick Alerts by TraDeRR: 2:29pm On Oct 25, 2019 |
Homextras: NSE for you.. I can’t wait to leave and never look back.. |
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 2:30pm On Oct 25, 2019 |
TraDeRR: The result will likely look like this? This will be the standard to measure if the actual is good or bad.
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Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:32pm On Oct 25, 2019 |
2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by TraDeRR: 2:33pm On Oct 25, 2019 |
yok: ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 2:34pm On Oct 25, 2019 |
Generation of for... |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 2:35pm On Oct 25, 2019 |
Homextras: What do you want regulators to do? Do you want them to think for investors ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:38pm On Oct 25, 2019 |
PETERiCHY: I said it moons ago that FO AUDIO TAKEOVER plan is an orchestrate to take more prisoners. Now it's on FULL OFFER @#15:85k ![]()
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Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:39pm On Oct 25, 2019 |
pluto09: Make una no push pastor Vee to withdraw his thanksgiving o ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:43pm On Oct 25, 2019 |
Homextras: Yes, but if u have clear answers to WHY u hold the stock, then u would worry less about matters like this. It's no secret that most fundamentally sound coys are currently been 'padded' to shake-off weak hands. Btw, the stock actually lost <9% and not 10%. In the end, we will see if FORTE OIL carries or holds VALUE behind the current market price. It is well !! |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:54pm On Oct 25, 2019 |
mendes911: You prophesy is happening . |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:55pm On Oct 25, 2019 |
jideflash: You can buy your FO if your are still interested ![]() ![]() ![]() 2 Likes |
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