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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11413077 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by nairavsdollars(f): 2:15pm On May 04, 2020 |
Why is Guinness going down the abyss?? |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 2:22pm On May 04, 2020 |
nairavsdollars: Because the Naira is falling against the Dollar, my dear .... ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 2:23pm On May 04, 2020 |
rebekah2011: Chief kindly bless me with the q3 (which you referred to) result |
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 2:28pm On May 04, 2020 |
Uchetoba: they may probably be |
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 2:38pm On May 04, 2020 |
Stock with new 52 week lows Guinness #17.50k 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 2:44pm On May 04, 2020 |
I told you to stop drinking!! ![]() ![]() nairavsdollars: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by History555: 3:46pm On May 04, 2020 |
Is ecobank in distress. I ask because it is unusual for a bank to keep having network issues for almost two months. You can't make transfers, you can't withdraw Worse case is that most of the branches are closed the few open don't have network. Why will a bank choose to frustrate its customers unless it is in distress 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 3:49pm On May 04, 2020 |
2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 4:10pm On May 04, 2020 |
bigjay01: At least we now have a specific time line... We wait with fingers crossed... |
Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 4:36pm On May 04, 2020 |
bigjay01: So they shifted the goal post again. |
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 5:10pm On May 04, 2020 |
poor financial result was just released. nairavsdollars: |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 5:14pm On May 04, 2020 |
Please I need the phone number of GTB registrars. I am yet to receive my dividend. Thanks. |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 5:39pm On May 04, 2020 |
Rumor has it that FBNH is finalising the acquisition of Polaris Bank....... How true ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 5:52pm On May 04, 2020 |
Source: https://dailypost.ng/2020/05/04/breaking-buhari-govt-receives-312m-abacha-loot-from-us/ Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has announced that the Nigerian government on Monday received $311,797,866 of the Abacha loot. The money was repatriated from the United States and the Bailiwick of Jersey after a recent agreement. Malami, in a statement by his Spokesman, Umar Gwandu, said the amount increased from over $308 million two months ago to $311 million because of the interest that accrued. He noted that the litigation process for the return of these assets titled “Abacha III” commenced in 2014, while the diplomatic process that culminated into the signing of the Asset Return Agreement in February. “This Agreement is based on international law and cooperation measures that sets out the procedures for the repatriation, transfer, disposition and management of the assets. In line with the 2020 Asset Return Agreement, the fund has been transferred to a Central Bank of Nigeria Asset Recovery designated account and would be paid to the National Sovereign Investment Authority (NSIA) within the next fourteen days. “The NSIA is responsible for the management and execution of the projects to which the funds will be applied,” the Minister has said. Malami said the money will be used to fund projects including Lagos – Ibadan Expressway, Abuja – Kano Road, and the Second Niger Bridge. To ensure transparent management of the returned assets, the Nigerian government promised to, “engage a Civil Society Organisation, who has combined expertise in substantial infrastructure projects, civil engineering, anti-corruption compliance, anti-human trafficking compliance, and procurement to provide additional monitoring and oversight.” |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 5:53pm On May 04, 2020 |
maishai:u might be right because it has been trading heavy volumes since last week...let's wait and see |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 5:54pm On May 04, 2020 |
maishai:How Can we as NSEMPA also benefit from this WindFall ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Thinkbigga: 6:39pm On May 04, 2020 |
jideflash:Please any link to the said result? |
Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 6:55pm On May 04, 2020 |
maishai: The question is, would it be good or bad business for FBNH ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 7:11pm On May 04, 2020 |
maishai: Hmm, do they want to go the way of Access bank 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 7:28pm On May 04, 2020 |
nairavsdollars: http://www.nse.com.ng/Financial_NewsDocs/29884_GUINNESS_NIG_PLC_FINANCIAL_STATEMENTS_MAY_2020.pdf 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by klas(m): 7:41pm On May 04, 2020 |
robobo: Thinkbigga: http://www.nse.com.ng/Financial_NewsDocs/29884_GUINNESS_NIG_PLC_FINANCIAL_STATEMENTS_MAY_2020.pdf |
Re: Nigerian Stock Exchange Market Pick Alerts by drskyfly007(m): 8:00pm On May 04, 2020 |
DeRuggedProf:naira appreciated today against the dollar |
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 8:32pm On May 04, 2020 |
Thinkbigga: http://www.nse.com.ng/Financial_NewsDocs/29884_GUINNESS_NIG_PLC_FINANCIAL_STATEMENTS_MAY_2020.pdf Eps 62kobo (2020) vs 194kobo (2019) |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 9:00pm On May 04, 2020 |
Covid-19 is dealing a hard blow on major businesses, I just saw a major transporter listed on the exchange using their interstate vehicles to convey staffs of various companies back home.......Left me wondering the most important rule of public corporations "When Business is good It's very good but when Business goes bad it Stinks"... To think they went a whole month without sales.......Gush I feel for them |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 9:08pm On May 04, 2020 |
For me Guiness will keep falling and would become ripe for picking when electioneering gongs for the next president becomes loudest...... I kind of understand that the brewery industry as a whole is paying what economist term Sin tax, coupled with the fact that rumors has it that Peter Obi is the henchman of International Brewery............."hmmmmm sorry for blowing the political trumpet "................ |
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 9:36pm On May 04, 2020 |
Mcy56: The back end algorithm that they used for Access is the same for UBA. The tech guys need to change it. the drop in UBA didn't make sense today. ![]() ![]() ![]() Meanwhile the algorithm for fidelity and fcmb has started working properly ![]() ![]() ![]() 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by gamaliel9: 9:39pm On May 04, 2020 |
maishai: Is that not the management being flexible? Instead of the vehicles be there sans travail...use it to make money... i know of a poultry...the off-takers from another state could not make it...he slaughtered all layers and stated selling door to door..with his children ooo... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 9:47pm On May 04, 2020 |
nna777: Profit takers are tired of taking profit again at the tier 1 level ![]() ![]() ![]() We see how tomorrow pans out 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 10:04pm On May 04, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 10:52pm On May 04, 2020 |
Princkez:. That is going to be a back breaking acquisition. They are barely out of the woods they are diving into acquisitions. Pay better dividends they hardly do. For most of these companies the situation is that shareholders keep working for the companies instead of the other way round. Na only management dey enjoy both dividends and stealing from cash reserves 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by meine: 11:15pm On May 04, 2020 |
yom2:You just spoke my mind. Infact i dont believe in any FUGAZ, we probably only have UGAZ in Nigeria. First bank is only waiting for one more crisis to go under. This bank is being managed like civil service. One yoruba adage decribes first bank better it says (Oga ta,Oga o ta, Owo alaaru a pe). In English it means wether the boss(Shareholders) sells or doesnt sell,the laborer(Management) will earn his wage. Someone even posted on Twitter that FBN will sell at N6.50 in 2 weeks time. Where is the liquidity in Nigeria to move it? Is it the foreign investors that dont know where our forex matter is headed that will invest in FBNH? Do you know how many investors have been sucked in by FBNH who are just waiting for any marginal gain to offload? The managers of this company are not serious. Until i see 2 years of better financial performance i cant put my money here. This company also depicts everything wrong with Nigeria, so much potential but little to show for it. Giant of Nigeria yet getting thrashed by small pikins. 5 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by meine: 11:21pm On May 04, 2020 |
drskyfly007:: Treasury Bills In Nigeria by meine: 11:19pm So whats the current fair value of the Naira, 380 or 450? I think the CBN is determined ( though foolishly) to hold the fx rate down till Dangote start pumping fuel. 1 Like |
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