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Nigerian Stock Exchange Market Pick Alerts - Investment (3747) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:31am On Jul 20, 2018
wanaj0:


Debts (Receivables) are shown in Balance Sheet not profit and loss. So not sure how payment will affect the EPS except they've made provision for those debts previously and hence planning to do a write back!

I think it will impact their balance sheet and improve their liquidity. Direct impact on EPS is minimal if any.

Where are the students Mpeace and Myc carry ya pen and notebook come and stop this ya road-side accountant job
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:32am On Jul 20, 2018
Mpeace:
FO will surely rally today. Watch and see. They are the highest beneficiary of this payment when you consider their outstanding shares. If they get paid, we can expect it to add about 12naira to their eps.

When science student turn accountant grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 8:40am On Jul 20, 2018
veecovee:
IT'S WRONG TO ASK ANY DEAD SAINT (MARY, PETER, PAUL ETC) OR ANGELS, TO PRAY FOR YOU.

www.nairaland.com/3560501/holineness-righteousness-revival-daily-messages/15#69512016
You are crossing your boundary, why attacking some Faith here? Is this repentance you will preach for, I have not seen you preach to herdsmen or boko haram to repent. There is nothing wrong of asking any of the saint to pray for me, if you don't believe in seeking for their intercession, allowed those who believed to remain.
Nigeria is grossly corrupt, there are many area your preaching is mainly needed, not to throw up argument here.

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yok: 9:06am On Jul 20, 2018
MSCI- NIGERIA MOVEMENT FOR 19 JULY 2018/GENERAL COMMENT

19 July 2018 another a clean slate day. The fund is waiting for the next move. However, the next move is likely to be from the middle of next week onwards.

I am looking at a good entry point for Transcorp (I am still working out the appropriate level for entry), when I did my initial workings and I was seeing a level like[b] NGN0.75, I told myself capital NO!!! It cannot be possible[/b]. But with the closing price of NGN1.16 yesterday the impossible price is not too far. We are now in the oversold Zone for this equity. However, if I do not come back with any figure just put a limit order to buy Transcorp at NGN0.75, it is already a strong demand Zone from the Monthly Chart (as regards how I determine these buy levels/demand levels I will be revealing the secret little by little, at least we all now know about MSCI Nigeria Fund!!!).

As usual I want to buy and post my contract note, this is showing that I am a general that will lead a battle and ask the other soldiers to follow, not the one that will tell the Soldier to attack and the hid in the bunker!!!

No fear for me in this market again I am now aligning myself with the buy low sell high principle.

Using the fund’s portfolio as a guide, “green” mean buying while “red” is selling.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.
N:B

Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who is doubting the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by gamaliel9: 9:08am On Jul 20, 2018
Chibuking81:

You are crossing your boundary, why attacking some Faith here? Is this repentance you will preach for, I have not seen you preach to herdsmen or boko haram to repent. There is nothing wrong of asking any of the saint to pray for me, if you don't believe in seeking for their intercession, allowed those who believed to remain.
Nigeria is grossly corrupt, there are many area your preaching is mainly needed, not to throw up argument here.

i do not know the intention of the mod here allowing him or her to post the religious in an investment section[even if they worship in the same place]...i do not know his own intention in posting such...the best is to ignore him...there are other channels of receiving the Word of God..Morning Mass is one of them.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:12am On Jul 20, 2018
yok:

MSCI- NIGERIA MOVEMENT FOR 19 JULY 2018/GENERAL COMMENT

19 July 2018 another a clean slate day. The fund is waiting for the next move. However, the next move is likely to be from the middle of next week onwards.

I am looking at a good entry point for Transcorp (I am still working out the appropriate level for entry), when I did my initial workings and I was seeing a level like[b] NGN0.75, I told myself capital NO!!! It cannot be possible[/b]. But with the closing price of NGN1.16 yesterday the impossible price is not too far. We are now in the oversold Zone for this equity. However, if I do not come back with any figure just put a limit order to buy Transcorp at NGN0.75, it is already a strong demand Zone from the Monthly Chart (as regards how I determine these buy levels/demand levels I will be revealing the secret little by little, at least we all now know about MSCI Nigeria Fund!!!).

As usual I want to buy and post my contract note, this is showing that I am a general that will lead a battle and ask the other soldiers to follow, not the one that will tell the Soldier to attack and the hid in the bunker!!!

No fear for me in this market again I am now aligning myself with the buy low sell high principle.

Using the fund’s portfolio as a guide, “green” mean buying while “red” is selling.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.
N:B

Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who is doubting the efficacy of following the fund is to look at my recent recommendations for the past 2 months.


No fear for me in this market again I am now aligning myself with the buy low sell high principle.

This is why it is called trading. grin


The only problem is timing the ''Low'' and "High".

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 9:17am On Jul 20, 2018
Agbalowomeri:


Where are the students Mpeace and Myc carry ya pen and notebook come and stop this ya road-side accountant job

You are a wicked sombori.....
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 9:35am On Jul 20, 2018
http://www.nse.com.ng/Financial_NewsDocs/22916_DANGOTE_CEMENT_PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf

Tax almost doubled. Did any of their Pioneer Status expire?

Flat result....

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:37am On Jul 20, 2018
Agbalowomeri:
Where are the students Mpeace and Myc carry ya pen and notebook come and stop this ya road-side accountant job
Why evils na? shocked You no go allow person encourage himself in Peace again? Na students we still be and na borrowed course. tongue
I don write am down anyway, thanks to the Profs for the clarifications. grin
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 9:49am On Jul 20, 2018

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 9:50am On Jul 20, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 9:53am On Jul 20, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 9:54am On Jul 20, 2018
mendes911:

http://www.nse.com.ng/Financial_NewsDocs/22916_DANGOTE_CEMENT_PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf

Tax almost doubled. Did any of their Pioneer Status expire?

Flat result....

They had to restate their prior year tax expense. They said so in the note to the account. Seems FIRS is working smiley

2017 tax expense restated by ₦34.33 billion for both Group and company respectively. Group's tax charge was restated from ₦11.54 billion to ₦45.87 billion while company's was restated from ₦13.69 billion to ₦48.02. billion.

This was due to the company determining its tax charge in prior years on the basis that profits earned from Ibese production lines 3 & 4 and Obajana production line 4 were entitled to a tax holiday under the Pioneer Status Incentive.

The cumulative adjustment as at 1 January, 2017 of ₦71.82 billion and ₦100.14 billion for the Group and company respectively relates to tax and interest as explained above.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:05am On Jul 20, 2018
wanaj0:


They had to restate their prior year tax expense. They said so in the note to the account. Seems FIRS is working smiley





Saw that. Pioneer Status fraud. Only God knows how much Nigeria has lost to fraudulent implementation of that scheme. FIRS should even roll back 10 years and investigate further.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:06am On Jul 20, 2018
mendes911:


Saw that. Pioneer Status fraud. Only God knows how much Nigeria has lost to fraudulent implementation of that scheme. FIRS should even roll back 10 years and investigate further.

Seplat and co
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:11am On Jul 20, 2018
Agbalowomeri:


Seplat and co

Seplat might be decent but I know that Dangote will be the worst of them all. And to think same incentives goes to open factories in other countries.....
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:19am On Jul 20, 2018
mendes911:


Seplat might be decent but I know that Dangote will be the worst of them all. And to think same incentives goes to open factories in other countries.....

Would you do things differently?
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:23am On Jul 20, 2018
Agbalowomeri:


Would you do things differently?

Errrrrmmm, what's the question again?

I blame my country though. They could have put a better plan in place. Force companies to only re-invest those incentives in the country. You get tax incentive and within a certain period, required to re-invest into the company. It will be like a free capital given to companies for the growth of the economy.

Wetin I know self... Back to my sachet water packaging job. I need to take this day job more seriously.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:23am On Jul 20, 2018
Transcorp that is headed below 50kobo
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:28am On Jul 20, 2018
mendes911:


Errrrrmmm, what's the question again?

I blame my country though. They could have put a better plan in place. Force companies to only re-invest those incentives in the country. You get tax incentive and within a certain period, required to re-invest into the company. It will be like a free capital given to companies for the growth of the economy.

Wetin I know self... Back to my sachet water packaging job. I need to take this day job more seriously.

I mean if u were Dangote?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:30am On Jul 20, 2018
Two more weeks of red candles before respite
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:32am On Jul 20, 2018
Agbalowomeri:
Transcorp that is headed below 50kobo

You are not saying anything about "your" Honey Flour Mills.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:33am On Jul 20, 2018
Agbalowomeri:


I mean if u were Dangote?

I got your question. That's why I said I blame "our" country Nigeria.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:34am On Jul 20, 2018
mendes911:


You are not saying anything about "your" Honey Flour Mills.

My brother I don disown that one. Look for OGG
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:34am On Jul 20, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 10:43am On Jul 20, 2018
mendes911:


Saw that. Pioneer Status fraud. Only God knows how much Nigeria has lost to fraudulent implementation of that scheme. FIRS should even roll back 10 years and investigate further.
that company is employing thousands of Nigerians that the government can't employ and they ventured when most people wount venture. so they deserve some wavers. even in US. start ups have some tax cuts. because the government knows the spill over effect for the general economy
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:44am On Jul 20, 2018
mendes911:
You are not saying anything about "your" Honey Flour Mills.
grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:45am On Jul 20, 2018
Agbalowomeri:
Transcorp that is headed below 50kobo

Transcorp next VALUE ZONE is circa 80kobo BARGAIN HUNTERS TAKE NOTE.

*ThE OcToPuS*

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:48am On Jul 20, 2018
yom2:
that company is employing thousands of Nigerians that the government can't employ and they ventured when most people wount venture. so they deserve some wavers. even in US. start ups have some tax cuts. because the government knows the spill over effectd for the general economy

I guess you are not following up on the bone of contention....

We are discussing about the fraudulent implementation of the scheme and not whether there should be incentives or not. Are you justifying their action of trying to short change the government of about N35B?

If this happens in the same US you are talking about, heads will roll and people will definitely go to prison for that action.
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 11:17am On Jul 20, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:22am On Jul 20, 2018
Fear is ripe
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:23am On Jul 20, 2018
PETERiCHY:


Transcorp next VALUE ZONE is circa 80kobo BARGAIN HUNTERS TAKE NOTE.

*ThE OcToPuS*

Oando call was spot on !
Buy d fear / panic
Nt sure about this one . .

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