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Nigerian Stock Exchange Market Pick Alerts - Investment (6006) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 2:02pm On Oct 05, 2020
Oracle, weldone!

RabbiDoracle:


Euphoria seems to be rising.

People should be careful o.

Have a game plan in event of pullback.

Goodluck guys.
Re: Nigerian Stock Exchange Market Pick Alerts by Jayjaycee18: 2:03pm On Oct 05, 2020
Nice move. I am very heavy and long on Lafarge WAPCO. It was a very low hanging fruit for any discernible investor at below N10.

IYGEAL:
The decision I made to accumulate huge units of Lafarge at below N10 and holding unto most of it is just the best I have made yet.

I did sell most of my Zee at below 18, having bought most at 15+, on the other hand.
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 2:06pm On Oct 05, 2020
sellydion:
Good man, you have done well, market smiles on you grin

Some are still in loss position in UACN, too bad.


grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:09pm On Oct 05, 2020
Mcy56:
E Ku Market o.
Lancee E Ku Zenith. grin
Mpeace E Ku Wapco grin

Where is Obagadaffi who was arguing this Zee with me?
I suppose to dey bet for this forum honestly.... grin

Anty, I dey here o.

Lets see if Zenith will get to N23

GTB is N10 above Zenith.


Remember this:
GTB 52 Week High =34.40
ZENITH 52 Week High = 23.00

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 2:10pm On Oct 05, 2020
jideflash:
enjoy the greens wink


Still a little red on 1759 but in it for the long.
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 2:19pm On Oct 05, 2020
When this euphoria hits snag and bonanza follows, UCAP is one stock I would accumulate for dividend investment and reinvestment; in addition to Zee, UBA and DangCem.

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BrokerHaruna: 2:33pm On Oct 05, 2020
Guinness remains grossly undervalued. Just watchout how the hawks will invade it

Redoil:


WHY GUINNESS

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BrokerHaruna: 2:53pm On Oct 05, 2020
Forget the big names, ETI is the the CHEAPEST and most undervalued bank.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ZikkyChops(m): 2:57pm On Oct 05, 2020
RabbiDoracle:


Euphoria seems to be rising.

People should be careful o.

Have a game plan in event of pullback.

Goodluck guys.
Noted, thanks
Re: Nigerian Stock Exchange Market Pick Alerts by zimams: 3:33pm On Oct 05, 2020
Mcy see my Ucap grin
I was fortunate to take a huge dip at 2.95.. 2 weeks ago to average down subtantially. It's alot of relief.

Mcy56 post=946300u6:
Zenith: 75M bids vs 6.9M offers ...............
Some of the offers have disappeared....

Ucap: 3.49

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 3:38pm On Oct 05, 2020
BrokerHaruna:
Guinness remains grossly undervalued. Just watchout how the hawks will invade it

Price wise yes Guinness is undervalued but what fundamentals have you seen that could spur a movement in future, I still maintain that Guinness and all brewery stock are for accumulating when election bells ring
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 3:41pm On Oct 05, 2020
BrokerHaruna:
Forget the big names, ETI is the the CHEAPEST and most undervalued bank.

Eti........ Those that snapped zenith @ 11.60 are just watching and waiting, I know people will beg for zenith @ #23. B4 dividend announcement come next year

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 3:49pm On Oct 05, 2020
maishai:


Eti........ Those that snapped zenith @ 11.60 are just watching and waiting, I know people will beg for zenith @ #23. B4 dividend announcement come next year



At a PE of 2.6, Zee is still extremely undervalued. Even if the stock price doubles to N38, it would still be trading at a PE of just a little over 5, which many would argue, is still undervalued. If not for Buhari, how can a bank that made N200 billion+ NET profit, have a market cap of less than N600 billion? O wrong now.

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:17pm On Oct 05, 2020
Lion123:


At a PE of 2.6, Zee is still extremely undervalued. Even if the stock price doubles to N38, it would still be trading at a PE of just a little over 5, which many would argue, is still undervalued. If not for Buhari, how can a bank that made N200 billion+ NET profit, have a market cap of less than N600 billion? O wrong now.


Thank you.

We are looking at the same thing.


I think we should thank Buhari for creating the opportunity for these ridiculously low valuations, that is for those who are buying ni oo

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 4:23pm On Oct 05, 2020
PZ Cussons Shareholders Lose N160m
https://businesspost.ng/economy/pz-cussons-shareholders-lose-n160m/

NSE Reintroduces Trading Fees for Debt Securities from October 5
https://businesspost.ng/economy/nse-reintroduces-trading-fees-for-debt-securities-from-october-5/

Buhari Issues Strong Warning to Adeboye, Others
https://businesspost.ng/general/buhari-issues-strong-warning-to-adeboye-others/

Two Directors Join Fidelity Bank Board After CBN Approval
https://businesspost.ng/jobs/two-directors-join-fidelity-bank-board-after-cbn-approval/

36 Stocks Appreciate as Investors Trade N16.9bn Shares
https://businesspost.ng/economy/36-stocks-appreciate-as-investors-trade-n16-9bn-shares/

Friesland Leads Unlisted Securities Market to Another Weekly Gain
https://businesspost.ng/economy/friesland-leads-unlisted-securities-market-to-another-weekly-gain/

Emefiele, Others to Discuss Emerging Financial Stability Risks
https://businesspost.ng/economy/emefiele-others-to-discuss-emerging-financial-stability-risks/

Financial Illiteracy Behind Rise in Ponzi Schemes in Nigeria—SEC
https://businesspost.ng/economy/financial-illiteracy-behind-rise-in-ponzi-schemes-in-nigeria-sec/

NSE Applauds Management for Reviving Golden Guinea Breweries
https://businesspost.ng/economy/nse-applauds-management-for-reviving-golden-guinea-breweries/

Jaiz Bank Shops for N10bn from Fresh Investors
https://businesspost.ng/banking/jaiz-bank-shops-for-n10bn-from-fresh-investors/

Owners of Chiken Republic Declare N3.3bn Net Profit
https://businesspost.ng/economy/owners-of-chicken-republic-declare-n3-3bn-net-profit/
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 4:24pm On Oct 05, 2020
bigjay01:
ZB purchase order filled @ #11 promptly

edit: have just checked the execution details. I bid @ #11, but it was executed @ #10.85

this is serious

Harvest time?
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 4:29pm On Oct 05, 2020
zimams:
Mcy see my Ucap grin
I was fortunate to take a huge deep at 2.95.. 2 weeks ago to average down subtantially. It's alot of relief.
Lucky you!
Ucap responded within a short time. Closed 3.55 today.
Afriprud doing fine as well....5.20 closing. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 4:33pm On Oct 05, 2020
OBAGADAFFI:
Anty, I dey here o.
Lets see if Zenith will get to N23

GTB is N10 above Zenith.

Remember this:
GTB 52 Week High =34.40
ZENITH 52 Week High = 23.00
Zenith will most likely form new high.......may not be on straight line, pullback and profit taking will be inbtw., may also not be now.
Mark it. smiley

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 4:36pm On Oct 05, 2020
bigjay01:


Harvest time?

Harvest time ke........Don't let middle men eat into ur profit o!!!!!!


Caveat: I'm not good @ trading o

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 4:42pm On Oct 05, 2020
maishai:
Price wise yes Guinness is undervalued but what fundamentals have you seen that could spur a movement in future, I still maintain that Guinness and all brewery stock are for accumulating when election bells ring

Intbrew really moved from it's 2+ to 4+ now not a bad one. I think Guinness may do something similar or better.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:35pm On Oct 05, 2020
BrokerHaruna:
Forget the big names, ETI is the the CHEAPEST and most undervalued bank.

ETI is not fundamentally sound.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 5:46pm On Oct 05, 2020
If you place glaring opportunities to blind persons, you do not expect them to see anything.

emmanuelewumi:



Thank you.

We are looking at the same thing.


I think we should thank Buhari for creating the opportunity for these ridiculously low valuations, that is for those who are buying ni oo
Re: Nigerian Stock Exchange Market Pick Alerts by zimams: 6:07pm On Oct 05, 2020
I believe you may be able to do a 100% on this one if you tarry a while.

Enjoy..

bigjay01:


Harvest time?
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 6:17pm On Oct 05, 2020
Where u dey go Mr MKT?

... some still dey wait 3 days bonanza grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by YourhealthNG2(m): 6:37pm On Oct 05, 2020
RabbiDoracle:


Euphoria seems to be rising.

People should be careful o.

Have a game plan in event of pullback.

Goodluck guys.
Oga mi, don't you think this your caution is coming too early? Stocks like FBNH is still at 5.55 compared to the year high of over 7
Re: Nigerian Stock Exchange Market Pick Alerts by Dsticks47(m): 7:16pm On Oct 05, 2020
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HappyCustomerServiceWeek

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 8:54pm On Oct 05, 2020
CP & his BONANZA gangs rightnow grin grin grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 9:00pm On Oct 05, 2020
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 9:03pm On Oct 05, 2020
ZikkyChops:
Where is Oga RabbiDoracle. Ootojo meta

There was a statement he made when foreign MKTs were falling, that made me suspect he might have sold, he said the breeze may reach our MKT

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 9:27pm On Oct 05, 2020
YourhealthNG2:

Oga mi, don't you think this your caution is coming too early? Stocks like FBNH is still at 5.55 compared to the year high of over 7

I suspect ... oracle and some of his folks sold few weeks ago. I may be wrong though

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 9:34pm On Oct 05, 2020
Stock with new 52 week lows
Tripple gee #0.36k
Stocks with new 52 week highs
Ucap #3.55k
Airtel #400.20k
Mtn#135.00k

2 Likes

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