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Re: Nigerian Stock Exchange Market Pick Alerts by Topson88: 3:02pm On Jun 30, 2020 |
onegentleguy:Merci beaucoup |
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 3:03pm On Jun 30, 2020 |
dinyelutochukwu: LOL @ the bolded |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:35pm On Jun 30, 2020 |
meshpips: RabbiDoracle: meshpips: Tvegas: meshpips: RabbiDoracle: NAHCO closed today at N2.29. Tomorrow is Markdown date. Tomorrow it will open at N1.99 March 2020 low was N2.00 from investing site. Sir, kindly re-check your VAP tool. So Bitcoin, NAHCO are both wrong using your VAP. Remaining your call on Zenith falling to 11+, then 9+. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:40pm On Jun 30, 2020 |
June 2020 ended with an unexpected decline in my opinion while globally some exchanges must have had positive readings in this same month. We will see how other months trade. I'm very optimistic until I see something contrary in the global scene. Trade/invest safe! 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:45pm On Jun 30, 2020 |
GonFreecss1: How about 100K units of Fidelity bank? Just N175,000. The main thing is that once the block volume is achieved, price changes. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:48pm On Jun 30, 2020 |
ositadima1: You can't move market that way. It depends on the news driving the market at that point in time. If the news is bullish, participants will buy up the stocks. Covid19 is causing a rush into health companies. This is a positive news for that sector. Try and move universal insurance. You will see those that have been trapped for 10 years that want to exit. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by smitten99: 3:51pm On Jun 30, 2020 |
Abeg who else is in this Nestle train A part of me wants to cash out but another part says it will still climb I dont know if it is greed thats pushing me or the facts from my analysis Abeg your input are welcome to gurus in the house Thanks in advance |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:52pm On Jun 30, 2020 |
GonFreecss1: You can buy Zenith at N100. N100 is 26 dollar cents o. I hope you are aware. If JP Morgan wants to merge with Zenith in a bid to expand into Africa, what do you think the cost of Zenith will be? |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:54pm On Jun 30, 2020 |
RabbiDoracle: Thank you for this. I am yet to fully understand the 100k rule. If a stock sells for let say #1. Does it mean that #100k can move d market? Lol at d bolded. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:58pm On Jun 30, 2020 |
OBAGADAFFI: |
Re: Nigerian Stock Exchange Market Pick Alerts by Bjrokenhear003: 4:01pm On Jun 30, 2020 |
RabbiDoracle: is jp morgan merging with zenith |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:08pm On Jun 30, 2020 |
ositadima1: I thought a little about it, it will move only if there is a general consensus, that is, majority of the players in the market at that time should agree to higher price point or else it will drop back in the next few bids. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:10pm On Jun 30, 2020 |
PharmAlfred: I believe they trade support and resistance till a point. Your job is to find what they are doing. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Bjrokenhear003: 4:11pm On Jun 30, 2020 |
nna777: i like to believe that fidson will go up but truth is that fidson shouldn't be paying out dividend now, rather it is meant to keep its profit for uncertainties because looking at other pharmateucals coy, their share price is trading below N2 Their contract can be breached by natural acts which are not within their control and can be cut off, look at chams plc contract with the govt to produce identity cards but it was cut off over night making investors loose billions and cry so its just for the short time take my money and dividend and run away bro |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:13pm On Jun 30, 2020 |
aremso: You can also use buyback to deceive investors as if your EPS is rising. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Bjrokenhear003: 4:18pm On Jun 30, 2020 |
RabbiDoracle: if they are buying back to deceive investors, trust me the company finances wouldn't be able to handle it so the eps will drop immediately because the company will not have enough funds for production purposes and investment purposes which will see sales volume reduce and also gross and net profit margin reduce and eps compared to their previous qtr or year with an increase in bad debt because they will trying to sell more on credit to boost sales. Their cash flow from operating activities will be in negative and financing activities will be built with either more loans or new issue of shares but in dangcem, its not the case that's why i'm shocked and surprised 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:24pm On Jun 30, 2020 |
Bjrokenhear003: That is where TA comes in. Even if the news is hyper positive, once the stock is in a downtrend, nothing will stop it from falling. So that is why you must monitor when you should buy. You don't just buy blindly. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Bjrokenhear003: 4:26pm On Jun 30, 2020 |
RabbiDoracle: pls whats TA |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:31pm On Jun 30, 2020 |
ositadima1: Yes. 100K block unit needs to be bought or sold to change the price. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:32pm On Jun 30, 2020 |
Bjrokenhear003: I have a bronze bridge to sell to you. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:33pm On Jun 30, 2020 |
ositadima1: It will move the price up or down once you buy/sell. |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 4:35pm On Jun 30, 2020 |
NSEMPA mood rightnow 4 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:39pm On Jun 30, 2020 |
Bjrokenhear003: Story story! Most companies in the US used debt to fund share buyback. And that was why Fed is warning that bailout or rescue package money should not be used for buybacks. If I expect that my revenue will drop and that in turn will affect PAT, I will just buyback as many shares as possible. So that once PAT is released and it is declining compared to the previous quarter/period, the EPS calculations will still give you a higher EPS compared to the previous quarter/period. Many US banks did it. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:39pm On Jun 30, 2020 |
Bjrokenhear003: Technical Analysis. |
Re: Nigerian Stock Exchange Market Pick Alerts by Bjrokenhear003: 4:41pm On Jun 30, 2020 |
RabbiDoracle: Thanks bro i know i didn't do that, i just did calculation and financial analysis on the based on future potential and said to my funny self i got it at the best price now i'm crying |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:46pm On Jun 30, 2020 |
smitten99:...Depending on your objective for buying the stock in the first place. If long term, then it has potential to rise higher, but I see daily pulling back to 1100! |
Re: Nigerian Stock Exchange Market Pick Alerts by Bjrokenhear003: 4:49pm On Jun 30, 2020 |
RabbiDoracle: You are very correct bro but in dang cement, he didnt use debt to buy back those shares he bought in january 2020, although he didnt buy much out of the 10% agreed and its normal for dang cement to always issue either commercial papers or bonds arouund this time so i wouldnt suggest he did it to fund his purchase of buyback |
Re: Nigerian Stock Exchange Market Pick Alerts by Bjrokenhear003: 5:27pm On Jun 30, 2020 |
GET READY FOR TRANSCORP HOTEL PLUMMETING HAPPY DAYS AHEAD AS THEY HAVE ANNOUNCED RIGHT ISSUE PRICE MTN ON THE INCREASE NEXT WEEK, one crazy director bought shares worth 109.5 million |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:32pm On Jun 30, 2020 |
Bjrokenhear003: I didn't say he used debt to buyback. My concern for buyback is the distorting of the EPS even when revenue is falling causing EPS to rise (even if EPS is flat now compared to previous period). This gives investors a false impression that the company is growing. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:33pm On Jun 30, 2020 |
Bjrokenhear003: N109.5m is less than 1m units o. Hope you are aware? |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 5:42pm On Jun 30, 2020 |
Topson88: My Pleasure !! |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 5:57pm On Jun 30, 2020 |
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