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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11446126 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 9:22am On Nov 19, 2019 |
BullBearMkt: Bullbearmkt, pls which broker do you use for oil and forex? Abeg help your boy sir. |
Re: Nigerian Stock Exchange Market Pick Alerts by TraDeRR: 9:31am On Nov 19, 2019 |
BullBearMkt: I learned from the best ![]() ![]() I say a BIG thank you to you and for being soo selfless.. |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 9:33am On Nov 19, 2019 |
rebekah2011: Imagine someone asserting that UNITY bank could pay a dividend in the near term and even comparing it to WEMA !! ...a bank(WEMA) that performed even better than a few banks(including one 1st tier bank) in one of its KEY efficiency line. Pls lets always remember that someone, somewhere, might innocently act on what we put out here, so it's important to always season our post with FACTS. Looking at the coys spate of financial print, UNITY should've long been a distressed entity !! 1st off, the banks OHLSONS O-SCORE shows that there is an extremely high risk of default(distress/bankruptcy risk in view) ...current score shows that the bank should have gone under. Infact, JAPAUL(@ its current state) and the 'late' SKYE BANK(before it was bridged) are better off than UNITY. I dare say that if UNITY is still in existence, then SKYE should 'naturally' not have been bridged !! Again the coys ALTMAN Z-SCORE points to a high credit risk weighting with a wide negative value drive behind the current price. The only reason this bank haven't gone into extinction is probably because of the influence of what I call the political gladiators(mainly from the north) behind it. Perhaps the bank is used as a medium to 'play out and achieve other things' for them. The other day, I saw what looked like an abandoned mosque as a branch of the bank in one of the highbrow areas of the city of PH. ...and further checks after going in(a sought of fact behind the figures) painted a perturbing situation. Now let me reveal a few shocking lines from their last financial print(Q3 in view) ...a brief; Assuming a run rate of their reported PAT(approx N1.48B) is grown by that margin YoY, it will take the bank near 23 yrs to offset her RE position and start issuing a dividend !! ...and assuming the same run rate(pat growth) is maintained and a share reorganization exercise(similar to the WEMA style) is carried out, it will take the bank over 8 yrs to pay a dividend !! So perhaps the expectation of a dividend(as cashflow reward) should be for one's kid(s) should they decide to align with UNITY as a dividend growth stock now. Again the liabilities line shows that UNITY is on a life line. When u see issued debt/borrowed fund and inter bank debt growing @ 5x and over 2x the rate to that of deposit pool, it describes a grossly distressed bank !! It's clear that the CBN is... It also clearly looks like when u do some math(add/subtract a few figures), u'll get an interpretative line that highlights the high risk of even banking with UNITY.(deposit pool in view) The interpretation of this is that it's even dangerous to associate with UNITY as a cus*****, much less the situation as a shareholder !! Elsewhere, the anatomy of the banks cashflow statement shows a 'messed up' entity. Don't want to say much so I wouldn't appear to be demarketing the bank... but there are quite a few very worrying RED FLAGS. The only possibility of a swift turnaround would be if an investor comes in to pick up the 'carcasses' and bail out the bank. I think the bank should look to temporarily give up on its national banking licence and adopt a regional banking one as a way of optimizing(cutting) cost. ...and then reorganize and restrategize on their target market to begin a fresh growth from the grassroot. Kind of adopt the WEMA approach. Along that line, Management must have to be very efficient(with been innovative) if they truly desire any meaningful turnaround !! Bottom line: UNITY should be avoided !! While u might probably make money speculating on it, u could possibly lose more !! Remember; "When a company within the stock market wants to quickly dispose of 'a building without a foundation', it auctions it to a SPECULATOR. An INVESTOR stays far away... a TRADER watches on... but it is the SPECULATOR who eventually buys the auction." ~Sinclair "The danger with SPECULATING in the stock market is that it is an adversary to any clear Investing STRATEGY. ...and often times, 'it is neither here nor there' With 90% of the act, it is just like attempting to invent an idea that is already obsolete." ~Sinclair NOTE: NOT a recommendation. When in doubt, pls do well to seek the services of a reputable investment manager for guidance. My advise: Just follow ur instinct. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 10:07am On Nov 19, 2019 |
Volume Check: UACN traded over 100m shares in the first 5mins of trading. Wicked positioning before announcement. They have seen the deal. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 10:07am On Nov 19, 2019 |
onegentleguy:oga u can do well as financial analyst for CNN and channels TV so that we can feel u wella |
Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 10:14am On Nov 19, 2019 |
meshpips: Oga, your time for GTB to hit #19.xx has elapsed. Any new date? In your own words, “you do not know |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 10:30am On Nov 19, 2019 |
1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 10:32am On Nov 19, 2019 |
TraDeRR:...Amen! God bless you too my sister. ![]() ![]() ![]() ![]() ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 10:37am On Nov 19, 2019 |
onegentleguy: OGG, Please what is the benefit of delisting to the company? Does it mean all profits now go to the owners or what. Thanks. |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 10:39am On Nov 19, 2019 |
rebekah2011: Just saw this. Noted. |
Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 10:41am On Nov 19, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by Johnsonbet365(m): 11:04am On Nov 19, 2019 |
stokfrick: I will advise you to fund them via naira, maybe bank transfer, I don't know if am permitted to do here but here's a link incase you want to open an account with them FXTM http://www.forextime.com/?partner_id=4929448 At least I will get something 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 11:04am On Nov 19, 2019 |
1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 11:07am On Nov 19, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:07am On Nov 19, 2019 |
yom2: Thanks for the compliment Sir, but those places u mentioned big pass me. ...am still a learner !! ![]() ![]() ![]() Regards. |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:11am On Nov 19, 2019 |
onegentleguy: Hope you paid 7.5% VAT for this thesis..... ![]() ![]() ![]() I will soon report you to Edward Altman. Why try to test the bankruptcy status of OUR bank.... ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:24am On Nov 19, 2019 |
I don't need to log on to the exchange to know what's going on. The number of comments on this thread tells me all I need to know ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:25am On Nov 19, 2019 |
rationalmind: ![]() ![]() ![]() ![]() ![]() ![]() Elijah is dealing with the prophets of Baal..... ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 11:28am On Nov 19, 2019 |
Oga I dey shock ooo. See as Oga OGG just fleshed my small post and make the thing this BIG yom2: |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 11:28am On Nov 19, 2019 |
rationalmind: Bull go fetch water yesterday but Oracle talk say e dey return today. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:30am On Nov 19, 2019 |
DeRuggedProf:
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Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 11:30am On Nov 19, 2019 |
AMCON is the largest shareholder. AMCON = FGN = CBN. The day CBN will pull the rug off remaining retail investors. God willing we will be here. DeRuggedProf: |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 11:31am On Nov 19, 2019 |
Infinitisi: My brother God bless you. Someone just helped me escape regalins. I don't even care if the price becomes N1 tomorrow. |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:31am On Nov 19, 2019 |
mendes911: He said 'TOMORROW'.... ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:34am On Nov 19, 2019 |
mendes911: If that were true, I should have 7 pages of comments to read by now ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:35am On Nov 19, 2019 |
rebekah2011: CBN can only try that IF we divide and become two countries. Every rule has an exception, the reason why this national microfinance bank will always be there... ![]() They can even create NEXT-LEVEL AMCON to keep it alive... ![]() I rest my case! ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 11:35am On Nov 19, 2019 |
DeRuggedProf: All the same Prof. It's already Wednesday, 12.35am in Line Islands. So our today and their today ain't the same. |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 11:36am On Nov 19, 2019 |
rationalmind: Refer to Prof's post sir. Tomorrow and today never comes! |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:38am On Nov 19, 2019 |
DeRuggedProf: Por favor perdoname !! ![]() ![]() ![]() Btw, my last night checks(FP in view) revealed that it might well be time to gradually start looking the way of that 'cosmopolitan drinking' coy u asked about the other day for a mid term play(reward margin in view) Buying at dips to acheive a better BEP will be KEY though !! Abeg help me find my small TV remote !!... ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 11:46am On Nov 19, 2019 |
PETERiCHY: Zenith Bank jolly ride is now heading back to sub N17 to load 3rd Trip ![]() Bargain Hunters TAKE NOTE!
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Re: Nigerian Stock Exchange Market Pick Alerts by yok: 11:47am On Nov 19, 2019 |
DAILY STOCK MARKET GUIDE FOR 19 NOVEMBER 2019 The bears are shaking the table, but the market still has some jokers in terms of the good results we have seen recently, oil staying above $60, MSCI new buying (MSCI has entered the market in a big way) etc. This is a period that the penny stock like Wema, Jaiz Bank etc may do very by the end of their respective accounting years. With a small portion of our portfolio the risk may be worth taking. Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget
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Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:52am On Nov 19, 2019 |
NEIMETH PHARMACEUTICALS might soon go on full bid !! ...it has now returned approx 20% btw yesterday and today riding from 40k to 48k at the moment. We called for a BUY on this 'guy' when it was still trading for 38k. The feasible REWARD pegged side by side with the decelerating surrounding RISK(tax incentives, cost drawdown and plausible growth margin in view) paints of an asset with an underpriced stance. NOTE: NOT a buy recommendation. ...following ur instinct should still take higher precedence ahead of this post. It is well. |
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