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Nigerian Stock Exchange Market Pick Alerts - Investment (6183) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by 1kinggy(m): 12:21pm On Jan 04, 2021
ukay2:


Expected

Bye bye to single digits price for Vitafoam plc share

It might come down after dividend qualification and payment.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:30pm On Jan 04, 2021
Are we to see another 10 10% this week and next?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:50pm On Jan 04, 2021
Market showing signs of bull
.......with some stocks on full bid as at now........
Should we brace up for bull run or its too early to make this call?
We wait and see........... smiley

ACCESS: 8.95 with bids more than offers
........ we've been shouting this Access/UBA/Zenith since last year.........
..
Lol. Make you no mind me o. grin
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:58pm On Jan 04, 2021
1kinggy:
It might come down after dividend qualification and payment.
Even before div qualification........
.......but the thing is: Vitafoam is a stock that should be in any serious dividend hunter or long termer's portfolio.........will be moving ........slow and steady.....

BTW, @currentprice : Your prediction of more than two years came to pass today! VITAFOAM @8.55!!
Kudos bro! cool
Try and check for next bus stop from your bedsheet...... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:11pm On Jan 04, 2021
@Jamace
Based on the question asked on postponement of insurance recapitalization, seems it's going to have more of positive effect on the sector.. especially for those who started the process already........
The recap is still on, so much activities is expected in the sector this year......
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:17pm On Jan 04, 2021
[quote author=yMcy56 post=97709592]Market showing signs of bull
.......with some stocks on full bid as at now........
Should we brace up for bull run or its too early to make this call?
We wait and see........... smiley

ACCESS: 8.95 with bids more than offers
........ we've been shouting this Access/UBA/Zenith since last year.........
..
Lol. Make you no mind me o. grin



Sis mcy56 compliments of the season

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:18pm On Jan 04, 2021
FBNH !!
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:28pm On Jan 04, 2021
yMcy56:
@Jamace
Based on the question asked on postponement of insurance recapitalization, seems it's going to have more of positive effect on the sector.
The recap is still on, so much activities is expected in the sector this year......
Coronation will be king this quarter grin
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 1:28pm On Jan 04, 2021
yMcy56:
Market showing signs of bull
.......with some stocks on full bid as at now........
Should we brace up for bull run or its too early to make this call?
We wait and see........... smiley

ACCESS: 8.95 with bids more than offers
........ we've been shouting this Access/UBA/Zenith since last year.........
..
Lol. Make you no mind me o. grin

Just give me ACCESS below N7 in 2021, I won't complain at all. grin
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 1:32pm On Jan 04, 2021
yMcy56:

Even before div qualification........
.......but the thing is: Vitafoam is a stock that should be in any serious dividend hunter or long termer's portfolio.........will be moving ........slow and steady.....

BTW, @currentprice : Your prediction of more than two years came to pass today! VITAFOAM @8.55!!
Kudos bro! cool
Try and check for next bid stop from your bedsheet...... grin


Oga Currentprice has been predicting correctly from his bedsheet since 1800 BC grin

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Teeonly: 1:39pm On Jan 04, 2021
http://www.nse.com.ng/Financial_NewsDocs/32110_VITAFOAM_NIG_PLC%20VITAFOAM_NIGERIA_PLC_CORPORATE_ACTIO.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:41pm On Jan 04, 2021
@Lancee
Compliment Sir. cool

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:44pm On Jan 04, 2021
ukay2:

Oga Currentprice has been predicting correctly from his bedsheet since 1800 BC grin
CP just needed to come back this year.........or else.......we treck to his village to go and drag him here...... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:06pm On Jan 04, 2021
WAPCO: Up with 1.75.........@22.80 now....
Where are those criticizing this stock?

Btw, stocks with exactly +10% did not even allow those with +9.8% and below to appear on the gain chart/table .........a good way to start 2021....... grin
We hope for more green this year........ smiley

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 2:32pm On Jan 04, 2021
yMcy56:
@Jamace
Based on the question asked on postponement of insurance recapitalization, seems it's going to have more of positive effect on the sector.. especially for those who started the process already........
The recap is still on, so much activities is expected in the sector this year......
Hmm. Seems second wave of BULL is here..Maybe I can recoup some of my school fees from this insurance BULL.. IEI woudjure me wella sha grin
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 2:43pm On Jan 04, 2021
yMcy56:
WAPCO: Up with 1.75.........@22.80 now....
Where are those criticizing this stock?

Btw, stocks with exactly +10% did not even allow those with +9.8% and below to appear on the gain chart/table .........a good way to start 2021....... grin
We hope for more green this year........ smiley

Amen. LOL at people praying for fire in Katanga.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:43pm On Jan 04, 2021
jamace:
Hmm. Seems second wave of BULL is here..Maybe I can recoup some of my school fees from this insurance BULL.. IEI woudjure me wella sha grin
grin
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:49pm On Jan 04, 2021
cool

jideflash:
keep ignoring first bank. tongue
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 3:07pm On Jan 04, 2021
Fire in katanga
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:03pm On Jan 04, 2021
yMcy56:

Even before div qualification........
.......but the thing is: Vitafoam is a stock that should be in any serious dividend hunter or long termer's portfolio.........will be moving ........slow and steady.....

BTW, @currentprice : Your prediction of more than two years came to pass today! VITAFOAM @8.55!!
Kudos bro! cool
Try and check for next bus stop from your bedsheet...... grin

according to my bedsheet grin, Vitaform is the cheapest on NSE right now with N20 FV based on their latest report grin this can be achieve IF they can maintain their recent performance in 2021. otherwise we will be looking @ N14 worse case scenario my opinion.

Q1 is important to give us d good clue. patient is d key

grin grin grin grin

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 4:23pm On Jan 04, 2021
currentprice:


according to my bedsheet grin, Vitaform is the cheapest on NSE right now with N20 FV based on their latest report grin this can be achieve IF they can maintain their recent performance in 2021. otherwise we will be looking @ N14 worse case scenario my opinion.

Q1 is important to give us d good clue. patient is d key

grin grin grin grin

Thank you Sir

I see no reason Vitafoam should be trading below N10....

Q1 will soon come, if fantastic, Km 20 becomes dream come true cool cool
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 4:25pm On Jan 04, 2021
yMcy56:

CP just needed to come back this year.........or else.......we treck to his village to go and drag him here...... grin

Thank God his coming back alive to NSEMPA grin
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 4:53pm On Jan 04, 2021
ebuka1997:
Fire in katanga

It is now rain in Katanga!!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Penboy: 5:09pm On Jan 04, 2021
vacanci:
I have 1120 units of a stock. I placed all for sale and I am getting the reject message below

" (43):Seller account has insufficient balance to sell"

This is my first time trying to sell. Am I locked in without any ability to sell?

On morgan capital itrade.

Pls what should I do. I have sent message to them without reply

Same as on Meristem o.
I swear, if GSK drops tomorrow, I go sue those guys.
Re: Nigerian Stock Exchange Market Pick Alerts by Penboy: 5:10pm On Jan 04, 2021
vacanci:


I even put 1 unit and the same thing happened

I even put it a 1000 unit lesser bro.
Re: Nigerian Stock Exchange Market Pick Alerts by Penboy: 5:12pm On Jan 04, 2021
yMcy56:
Market showing signs of bull
.......with some stocks on full bid as at now........
Should we brace up for bull run or its too early to make this call?
We wait and see........... smiley

ACCESS: 8.95 with bids more than offers
........ we've been shouting this Access/UBA/Zenith since last year.........

..
Lol. Make you no mind me o. grin


Nothing special yet nau. Someone of us jumped out at 9 last year grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:31pm On Jan 04, 2021
In the equity market, if the preferred stock is not available, the available becomes the preferable.
In d light of this, Vitafoam has suddenly becomes a scarce commodity and is no longer available at both market and bid prices. My bid of N8.55 at limit price was equally returned.
I am not an analyst, but do believe that UCAP and Afripudential will match Vitafoam in dividends, capital appreciation and future growth.
I am not going to pursue Vitafoam to double digits, which is imminent dz week.
I will divert my stake and bet on both at the risk of my capital.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by jerryagain(m): 5:35pm On Jan 04, 2021
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Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 5:41pm On Jan 04, 2021
Leggitsam:
In the equity market, if the preferred stock is not available, the available becomes the preferable.
In d light of this, Vitafoam has suddenly becomes a scarce commodity and is no longer available at both market and bid prices. My bid of N8.55 at limit price was equally returned.
I am not an analyst, but do believe that UCAP and Afripudential will match Vitafoam in dividends, capital appreciation and future growth.
I am not going to pursue Vitafoam to double digits, which is imminent dz week.
I will divert my stake and bet on both at the risk of my capital.


But they can't match Vitafoam with the earning per share of over N3.00 that was made

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 5:50pm On Jan 04, 2021
Leggitsam:
In the equity market, if the preferred stock is not available, the available becomes the preferable.
In d light of this, Vitafoam has suddenly becomes a scarce commodity and is no longer available at both market and bid prices. My bid of N8.55 at limit price was equally returned.
I am not an analyst, but do believe that UCAP and Afripudential will match Vitafoam in dividends, capital appreciation and future growth.
I am not going to pursue Vitafoam to double digits, which is imminent dz week.
I will divert my stake and bet on both at the risk of my capital.

It depends on what you want from the market....

You can plan to have the 3 stocks for continuous cash flow, so deliberate efforts to accumulate them over the years will be of help.

Some people bought
UCAP at 90k
APR at N3
Vitafoam at N3

They have not sold and still getting good dividends as cashflow and still sitting on good capital appreciation too.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:16pm On Jan 04, 2021
currentprice:
according to my bedsheet grin, Vitaform is the cheapest on NSE right now with N20 FV based on their latest report grin this can be achieve IF they can maintain their recent performance in 2021. otherwise we will be looking @ N14 worse case scenario my opinion.
grin grin grin grin
Noted Sir!
Next bus-stop, 14 it is!!! cool

NB: The stock might not go on straight line lest anyone will come here and be raising unnecessary eyebrow... grin ......you can see the "IF" and the "Patient" in the post...... tongue

1 Like

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