Mcy56:

That's why I so much dislike this new rule, people just operating in the dark with all these Infos and manipulators having a field day.
There's God ooo.
Guess it's better to stay on the sideline till the coast is clear.

Someone should help me look for oga mii onifa ooo!

nna777:


I was lucky to get @2.40 weeks ago. Handed over today.

Tomorrow is the day for the hyena......

seyisanya:


Someone should help me look for oga mii onifa ooo!

See him here....

Brent trying to breakout on the daily

Axa Mansard to Sell Pensions, Real Estate Assets
https://businesspost.ng/economy/axa-mansard-to-sell-pensions-real-estate-assets/

Nigeria Offers 30-Year Bond at 14.80%, 5-Year at 12.75%
https://businesspost.ng/economy/nigeria-offers-30-year-bond-at-14-80-5-year-at-12-75-2/

Afriland Sinks NASD Exchange by 0.03% on Thursday
https://businesspost.ng/economy/afriland-sinks-nasd-exchange-by-0-03-on-thursday/

Tinubu Square Gets Additional €15m Investments
https://businesspost.ng/technology/tinubu-square-gets-additional-e15m-investments/

Expect Better Stock Exchange After Demutualisation—Onyema
https://businesspost.ng/economy/expect-better-stock-exchange-after-demutualisation-onyema/

Infrastructure Development Key to Growth—SEC
https://businesspost.ng/economy/infrastructure-development-key-to-growth-sec/

Valentine message from UBA Lol, the clowns they put behind the computers these days

NO BAE? NO PROBLEM
Wait... we hope you are not one of those who think Valentine is just for lovers because it isn't. Not every time "Couple Goals", sometimes "family and friends", it doesn't even have to be big; the little things count too.



Why not pay your baby brother's data subscription? Just 3 easy steps and it's done on LEO, or send your sister studying abroad 100 dollars using your mobile app.



Imagine you pay your parent's DSTV bill for the next 6 months by automating the payment on Internet banking... omo, they will rain prayers on you.



How about your best friend screaming your name because you topped up her LCC E-tag with 919?



The best part? You can do it all from your room. No hassle. No long story.



Ready to spread love?

In the days before internet stockbrokers that know somebody that knows a secretary or one worker or another at the NSE used to give profitable tips about yet to be released results to their favoured clients. My recent research of price movement of some companies that recently released their unaudited results shows that some moneybags still have access to this type of information and they profit from it. Consider the sudden price increase of nahco starting three days before the release of its result and same scenario in ucap today. My question here is what is the current means by which companies release their result? Is it by direct upload to NSE corporate disclosure site which means we all see it at the same time or is it first delivered to some junior staff in the NSE office who possibly has no money to buy shares with the info he has? Second question is will it amount to insider trading if somebody with money (who does not work with NSE) actively goes in search of such guy for partnership since some insider trading is lawful?

BAMOFIN1:
In the days before internet stockbrokers that know somebody that knows a secretary or one worker or another at the NSE used to give profitable tips about yet to be released results to their favoured clients. My recent research of price movement of some companies that recently released their unaudited results shows that some moneybags still have access to this type of information and they profit from it. Consider the sudden price increase of nahco starting three days before the release of its result and same scenario in ucap today. My question here is what is the current means by which companies release their result? Is it by direct upload to NSE corporate disclosure site which means we all see it at the same time or is it first delivered to some junior staff in the NSE office who possibly has no money to buy shares with the info he has? Second question is will it amount to insider trading if somebody with money (who does not work with NSE) actively goes in search of such guy for partnership since some insider trading is lawful?

I learnt workers of NSE are barred from investing in the stock market, but can invest in real estate, Treasury Bills, Commercial papers, Bonds, Corporate Bonds, Eurobonds, Money market funds and Equity mutual funds.


The policy was introduced by Oscar

Good evening
My sister advised mW to buy MTN shares. It was actually my first time in the stock market.
Since I bought it, the share price has been reducing and reducing. As at today, I already lost up to 48,000 from what I invested. Please do you advice I sell or hold.

BAMOFIN1:
In the days before internet stockbrokers that know somebody that knows a secretary or one worker or another at the NSE used to give profitable tips about yet to be released results to their favoured clients. My recent research of price movement of some companies that recently released their unaudited results shows that some moneybags still have access to this type of information and they profit from it. Consider the sudden price increase of nahco starting three days before the release of its result and same scenario in ucap today. My question here is what is the current means by which companies release their result? Is it by direct upload to NSE corporate disclosure site which means we all see it at the same time or is it first delivered to some junior staff in the NSE office who possibly has no money to buy shares with the info he has? Second question is will it amount to insider trading if somebody with money (who does not work with NSE) actively goes in search of such guy for partnership since some insider trading is lawful?

I want to believe this is where real technical analysis truly shines as it spots herd behaviour before the price movements but I tend not to trust Nigerian data as it tends to defy underlying principles........not that the principles are faulty

Odufaikhimalo:
Good evening
My sister advised mW to buy MTN shares. It was actually my first time in the stock market.
Since I bought it, the share price has been reducing and reducing. As at today, I already lost up to 48,000 from what I invested. Please do you advice I sell or hold.

MTN need to come down to #50 or #60. Their share was over splits.

Odufaikhimalo:
Good evening
My sister advised mW to buy MTN shares. It was actually my first time in the stock market.
Since I bought it, the share price has been reducing and reducing. As at today, I already lost up to 48,000 from what I invested. Please do you advice I sell or hold.

Use this as a lesson to learn what investment is...... Oldies here can only imagine the shit that must be going on in ur head right now, but no one here's got a crystal ball to peer into the future...... We can only predict based on tested techniques that has worked in the past






Go back and question ur motive for buying this mtn stock

Chibuking81:


160 billion/ 407 million = 393.12 eps
20 billion/407 million = ‭49.14, if their initial outstanding was 407 million, that means that they splits each unit into 49.14 unit before they listed it.

49.14 x 90 = ‭#4,422.60. Does it mean that their 1 unit of share is now #4,422.60?

4,422.60/393.12 = 11.25 PE, but according to their report before listing, they stated that their PE was below 1.
To get below 1eps, that is 4,422.60/11.25 =384.57.
Therefore 384.57/393.12 = 0.98 PE

Before listing their share price should be #384.57
And their current Price after the splits should have been #384.57/49.14 = #7.83.
Their suppose price should have been #7.83 (against #90 listing and their current #140, this is close to 2000% upward increase )

Meaning that 1 unit of share of #384.57 was duplicated to get #4422.60 (#4,422.60 - #384.57 = #4,038.03)
#4,038.03 on top, that's excessive. ( or #7.83 duplicated to get #90 and #140 respectively)

Their fair value by #8 eps should be #70

MTN's price earnings (P/E) ratio based on FY 2018 earnings per share (EPS) of N357.87 and its
recent market price of N90 confounded a lot of analysts. A P/E of less than one(1.0) for the
second largest stock listed on the NSE makes little, if any, sense at all. Dangote Cement
(DANGCEM), the Exchange's single largest capitalized stock trades at a price of N185 and a P/E
of 8.35. DANGCEM's price to book value is currently 3.04.

The quoted comment was made in the month of May, 2019. I still believe that mtn is still over value at its current price. They need to come down in price, and possibly do share reconstruction if they want their price to be high, or carry on share buy back and cancel the number of the share to get a high price.

Brent is crawling gradually to $57,

Agbalowomeri:
Brent trying to breakout on the daily

Brent is crawling gradually to $57.

Agbalowomeri:
Brent trying to breakout on the daily

http://www.nse.com.ng/Financial_NewsDocs/29094_NIGERIAN_BREWERIES_PLC._CORPORATE_ACTIONS_FEBRUARY_2020.pdf

1.51 Dividend

http://www.nse.com.ng/Financial_NewsDocs/29091_NIGERIAN_BREWERIES_PLC._FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf
http://www.nse.com.ng/Financial_NewsDocs/29094_NIGERIAN_BREWERIES_PLC._CORPORATE_ACTIONS_FEBRUARY_2020.pdf

NB PLC No de carry last

sellydion:
Brent is crawling gradually to $57.

I think there is OPEC meeting scheduled to hold tomorrow 14th February, 2020. They outcome might push to crude price front or backward. As for share price their price will likely remain stagnant throughout this months, and it will be an opportunities for investors to increase their holding, then months of March will welcome earning season bull.

With this new rule of January deadline for releasing of final year unaudited result, the circle will change, sell in May concept will likely change.

Uchetoba:
http://www.nse.com.ng/Financial_NewsDocs/29091_NIGERIAN_BREWERIES_PLC._FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf
http://www.nse.com.ng/Financial_NewsDocs/29094_NIGERIAN_BREWERIES_PLC._CORPORATE_ACTIONS_FEBRUARY_2020.pdf

NB PLC No de carry last

Wapco Loading

debeey87:
http://www.nse.com.ng/Financial_NewsDocs/29094_NIGERIAN_BREWERIES_PLC._CORPORATE_ACTIONS_FEBRUARY_2020.pdf

1.51 Dividend

NB of current share price of #51.50, giving dividend of #1.51 seems to be a poor dividend. Where we have Zenith with price of #19.90 with dividend history of close to #3, UBA of #7.80 with dividend of 80 kobo.

Chibuking81:

NB of current share price of #51.50, giving dividend of #1.51 seems to be a poor dividend. Where we have Zenith with price of #19.90 with dividend history of close to #3, UBA of #7.80 with dividend of 80 kobo.

Very poor dividend. A disgrace, really. I shit on NB.

BAMOFIN1:
In the days before internet stockbrokers that know somebody that knows a secretary or one worker or another at the NSE used to give profitable tips about yet to be released results to their favoured clients. My recent research of price movement of some companies that recently released their unaudited results shows that some moneybags still have access to this type of information and they profit from it. Consider the sudden price increase of nahco starting three days before the release of its result and same scenario in ucap today. My question here is what is the current means by which companies release their result? Is it by direct upload to NSE corporate disclosure site which means we all see it at the same time or is it first delivered to some junior staff in the NSE office who possibly has no money to buy shares with the info he has? Second question is will it amount to insider trading if somebody with money (who does not work with NSE) actively goes in search of such guy for partnership since some insider trading is lawful?

Insider-trading has become so glaring of recent

Dangote acquires additional N1.45b Dangote Cement’s shares
by Gabriel Ogunjobi — 16 hours ago
By Taofik Salako, Capital Market Editor
Dangote Industries Limited (DIL), the majority core investor in Dangote Cement Plc, has acquired additional shares worth N1.45 billion in the cement company. DIL is the holding company of Alhaji Aliko Dangote, Africa’s richest man.
Transaction details obtained at the Nigerian Stock Exchange (NSE) indicated that DIL acquired 8.59 million ordinary shares of 50 kobo each of Dangote Cement at N169 per share. The transaction was concluded last week.
Another insider in the cement company, Vetiva Securities also acquired 613,984 shares valued at N104.22 million at N169.74 per share. Vetiva Securities is an affiliate of Vetiva Capital Management Limited, a financial adviser to Dangote Cement.
Dangote Cement, Nigeria’s largest quoted company and Africa’s largest cement company, distributed N272.65 billion to shareholders as cash dividend for the 2018 business year as the cement group announced a steady performance during the year.
The Alhaji Aliko Dangote-led board of directors of Dangote Cement approved 52.4 per cent increase in cash dividend after the cement group’s net earnings jumped by 91 per cent to N390.33 billion. Shareholders received a dividend per share of N16 for the 2018 business year as against N10.50 paid for the 2017 business year.
The increase in dividend payout sustained an upward trajectory in payouts. Shareholders had received N178.9 billion or N10.50 as cash dividend for the 2017 business, representing 23.5 per cent on a dividend per share of N8.50 paid for the 2016 business year. Aliko Dangote’s Dangote Industries Limited (DIL) holds more than 75 per cent controlling equity stake in Dangote Cement.
Key extracts of the audited report and accounts of Dangote Cement for the year ended December 31, 2018 released yesterday at the Nigerian Stock Exchange (NSE) showed that turnover rose by 11.87 per cent from N805.58 billion in 2017 to N901.21 billion in 2018. Profit before tax increased slightly by 3.87 per cent to N300.81 billion in 2018 compared with N289.59 billion in 2017. Tax gain of N89.52 billion boosted net profit after tax to N390.33 billion in 2018 as against N204.25 billion recorded in 2017, when the company paid

aremso:
Dangote acquires additional N1.45b Dangote Cement’s shares
by Gabriel Ogunjobi — 16 hours ago
By Taofik Salako, Capital Market Editor
Dangote Industries Limited (DIL), the majority core investor in Dangote Cement Plc, has acquired additional shares worth N1.45 billion in the cement company. DIL is the holding company of Alhaji Aliko Dangote, Africa’s richest man.
Transaction details obtained at the Nigerian Stock Exchange (NSE) indicated that DIL acquired 8.59 million ordinary shares of 50 kobo each of Dangote Cement at N169 per share. The transaction was concluded last week.
Another insider in the cement company, Vetiva Securities also acquired 613,984 shares valued at N104.22 million at N169.74 per share. Vetiva Securities is an affiliate of Vetiva Capital Management Limited, a financial adviser to Dangote Cement.
Dangote Cement, Nigeria’s largest quoted company and Africa’s largest cement company, distributed N272.65 billion to shareholders as cash dividend for the 2018 business year as the cement group announced a steady performance during the year.
The Alhaji Aliko Dangote-led board of directors of Dangote Cement approved 52.4 per cent increase in cash dividend after the cement group’s net earnings jumped by 91 per cent to N390.33 billion. Shareholders received a dividend per share of N16 for the 2018 business year as against N10.50 paid for the 2017 business year.
The increase in dividend payout sustained an upward trajectory in payouts. Shareholders had received N178.9 billion or N10.50 as cash dividend for the 2017 business, representing 23.5 per cent on a dividend per share of N8.50 paid for the 2016 business year. Aliko Dangote’s Dangote Industries Limited (DIL) holds more than 75 per cent controlling equity stake in Dangote Cement.
Key extracts of the audited report and accounts of Dangote Cement for the year ended December 31, 2018 released yesterday at the Nigerian Stock Exchange (NSE) showed that turnover rose by 11.87 per cent from N805.58 billion in 2017 to N901.21 billion in 2018. Profit before tax increased slightly by 3.87 per cent to N300.81 billion in 2018 compared with N289.59 billion in 2017. Tax gain of N89.52 billion boosted net profit after tax to N390.33 billion in 2018 as against N204.25 billion recorded in 2017, when the company paid

Don't believe my wandering thoughts, I have a STRONG FEELING that these initial purchases are the SOLDIERS that will be soon used to FAKE an oversupply and push prices down to the DESIRED ACCUMULATION PRICE RANGE for the real HAIRCUT.....
After this, airport lights will be put off, by daybreak, the cargo jet will be located in LONDON on LSE.....
It shall be like a thief in the night...
Prepare for the Weather, the planting and harvest seasons are INSEPARABLY SEPARATED by torrential rains, pests, locusts, mini droughts, weeds, but HABAKUK 2:3 remains eternally true and in place.....

Uchetoba:
Wapco Loading

Don't build castles in the air... nothing will happen here!

DeRuggedProf:


Don't believe my wandering thoughts, I have a STRONG FEELING that these initial purchases are the SOLDIERS that will be soon used to FAKE an oversupply and push prices down to the DESIRED ACQUISITION PRICE RANGE for the real HAIRCUT.....
After this, airport lights will be put off, by daybreak, the cargo jet will be located in LONDON on LSE.....
It shall be like a thief in the night...
Prepare for the Weather, the planting and harvest seasons are INSEPARABLY SEPARATED by torrential rains, pests, locusts, mini droughts, weeds, but HABAKUK 2:3 remains eternally true and in place.....

This moves by top management signals something, I really don't want to be told in retrospect......I will. Definitely buy and accumulate and make sure my price range is around #120................. When Alhaji started his moves with Dangote Flour na analysis paralysis kill me, when there was opportunity to buy substantial units at 80kobo before my very eyes







All na risk sha

maishai:



This moves by top management signals something, I really don't want to be told in retrospect......I will. Definitely buy and accumulate and make sure my price range is around #120................. When Alhaji started his moves with Dangote Flour na analysis paralysis kill me, when there was opportunity to buy substantial units at 80kobo before my very eyes







All na risk sha

Devakumar got a nice slice several months back......

stcool:


Don't build castles in the air... nothing will happen here!

How do you mean

The day of RAGE is finally HERE
Best entry point for JIJOIST should be MONTH END

BARGAIN HUNTER TAKE NOTE!

*ThE OcToPus*

Lion123:

Very poor dividend. A disgrace, really. I shit on NB.

This one got me laughing

BELOVED, IT IS ABSOLUTELY GOOD ...

https://www.nairaland.com/3560501/holineness-righteousness-revival-messages-bible/28#86638412