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Nigerian Stock Exchange Market Pick Alerts - Investment (155) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by SWG1: 9:38pm On Nov 16, 2013
Elai147:

I've been trying to buy @N0.70 to add to my position. The stock seems to have a strong support above the N0.70 line. I always add to my position between N0.70 - N0.80. I see that range as good entry point for mid-long term.

Thanks, its like its not liquid enough.
Re: Nigerian Stock Exchange Market Pick Alerts by ucheson2(m): 9:46pm On Nov 16, 2013
qizick:




thanks bro pls do u use any online broker or can u recommend
You may check out
www.meritrade.com
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 10:49pm On Nov 16, 2013
ucheson2: NESTLE IS STILL VERY CHEAP AT 1000s.
Come with me as I prove it using using what I call 'comparison formula(cf)'. I actually derived it using the inverse of the formula for dividend yield(dy).
In case u dont know, dy = dividend(d)/share price(sp).

Therefore inverse dy or 1/dy = sp/d.
Cf = (sp/d)x full yr dividend of the company in question(nestle). I hope u r followiny?

Using this formula we r goin 2 compare the ave sp of those 3 stock in thesame sector with that of nestle.

1. Cadbury sp = N58.90K, D = 50K, 1/DY = 58.90/0.5 = 118.
0
2. Flourmill sp = N83.06K, D = N1.60K/2(paid 2012 i.e 2 yrs), 1/dy = 83.06/0.8 = 108.

3. NNFM SP = N24.37K, D = 90K/3 (Paid 2011 ie 3yrs), 1/dy = 24.37/0.3 = 81.

Ave 1/dy = (118+108+81)/3 = 102.

Therefore the fair price of nestle = 102x20 = 2040. Hint the fyd of nestle was N20.

Now going by the calibre of company nestle is, it should be selling at far above its far price. If I am to fix, I will fix it somewhere between N5,000 and N10,000.
Comparing Apples to Mangoes, Oranges, Pineapple does not make good business sense.
Fair price of 2040 for Nestle!!
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 12:30am On Nov 17, 2013
Pls what does it mean 4 a stock 2 b on the BID?
Re: Nigerian Stock Exchange Market Pick Alerts by Aks(m): 2:38am On Nov 17, 2013
Krisuba: Pls what does it mean 4 a stock 2 b on the BID?
Demand outweigh supply i.e. The share is a scarce commodity which invariably lead to a gain in d share price
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 10:23am On Nov 17, 2013
for over a week, nobody bought my academy press , which i ordered for sale through my meritrade broker. Please what can i do ? I took position in international breweries recently and it yielded 8% profit and remain dormant. Nobody is talking about this stock in this forum. Pls my ogas, i want you to say something about this stock. Should i off-load it ?
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 12:16pm On Nov 17, 2013
Toluway: for over a week, nobody bought my academy press , which i ordered for sale through my meritrade broker. Please what can i do ? I took position in international breweries recently and it yielded 8% profit and remain dormant. Nobody is talking about this stock in this forum. Pls my ogas, i want you to say something about this stock. Should i off-load it ?
The current and annualized PE of IB dey fear me.
But if I this stock at N12.00 I go sell my matlass buy am.
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 2:30pm On Nov 17, 2013
Cleared! Thanks. My broker said oando had been on BID.
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 5:41pm On Nov 17, 2013
Toluway: for over a week, nobody bought my academy press , which i ordered for sale through my meritrade broker. Please what can i do ? I took position in international breweries recently and it yielded 8% profit and remain dormant. Nobody is talking about this stock in this forum. Pls my ogas, i want you to say something about this stock. Should i off-load it ?

Academy press is illiquid. I think INTBREW is a good investment for the long term. I would love to own it for long term if only I can get it at a good entry price.
Re: Nigerian Stock Exchange Market Pick Alerts by Born2beRich1(m): 6:07pm On Nov 17, 2013
Nigeria Stock Exchange:

1. Inflation dips below 8% mark… first since March 2008

2. SEC Promises Effective Regulation of Private Equity Firms

3. Guinness Plc on month-to-month consistent fall, sets to hit new low

4. UAC records slight EPS growth; Chapel Hill maintains BUY Rating

5. STANBIC records 354% YoY EPS growth; Chapel Hill Upgrades to a BUY Rating

6. CORNERST declares N510.4m PAT '12 Audited result

7. PREMPAINTS grows PAT by 154.1% in Q3 '13 result

8. MCNICHOLS declares N14.6m PAT in Q3 '13 result

9. ABCTRANS declares N127.6m PAT in Q3 '13 result

10. Fidelity, Sterling, StanChart, Ecobank in race for Enterprise Bank


Source; @proshare


Enjoy
Re: Nigerian Stock Exchange Market Pick Alerts by ucheson2(m): 8:24am On Nov 18, 2013
9free:
Comparing Apples to Mangoes, Oranges, Pineapple does not make good business sense.
Fair price of 2040 for Nestle!!
2040 naira
Re: Nigerian Stock Exchange Market Pick Alerts by ucheson2(m): 8:58am On Nov 18, 2013
NESTLE IS STILL VERY CHEAP AT 1000s.
Come with me as I prove it using using what I call 'comparison formula(cf)'. I actually derived it using the inverse of the formula for dividend yield(dy).
In case u dont know, dy = dividend(d)/share price(sp).

Therefore inverse dy or 1/dy = sp/d.
Cf = (sp/d)x full yr dividend of the company in question(nestle). I hope u r followiny?

Using this formula we r goin 2 compare the ave sp of those 3 stock in thesame sector with that of nestle.

1. Cadbury sp = N58.90K, D = 50K, 1/DY = 58.90/0.5 = 118.
0
2. Flourmill sp = N83.06K, D = N1.60K/2(paid 2012 i.e 2 yrs), 1/dy = 83.06/0.8 = 108.

3. NNFM SP = N24.37K, D = 90K/3 (Paid 2011 ie 3yrs), 1/dy = 24.37/0.3 = 81.

Ave 1/dy = (118+108+81)/3 = 102.

Therefore the fair price of nestle = 102x20 = N2040. Hint the fyd of nestle was N20.

Now going by the calibre of company nestle is, it should be selling at far above its far price. If I am to fix, I will fix it somewhere between N5,000 & N10,000.
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 9:10am On Nov 18, 2013
Toluway: for over a week, nobody bought my academy press , which i ordered for sale through my meritrade broker. Please what can i do ? I took position in international breweries recently and it yielded 8% profit and remain dormant. Nobody is talking about this stock in this forum. Pls my ogas, i want you to say something about this stock. Should i off-load it ?

That is the problem with some stocks on the NSE.. illiquidity!
Re: Nigerian Stock Exchange Market Pick Alerts by Ess: 2:02pm On Nov 18, 2013
I wonder why Dangote Sugar has not declined the free fall. It is high time it reverses and head north. Investor should have come over the 9 month poor result issue by now.
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 3:17pm On Nov 18, 2013
Ess: I wonder why Dangote Sugar has not declined the free fall. It is high time it reverses and head north. Investor should have come over the 9 month poor result issue by now.
Head which North I am yet to enter ooohhh. Am waiting for it at the last bus station I entered it = N4.50
Re: Nigerian Stock Exchange Market Pick Alerts by Ess: 4:27pm On Nov 18, 2013
9free:
Head which North I am yet to enter ooohhh. Am waiting for it at the last bus station I entered it = N4.50

You better enter before person wound on his way struggling at the door. That N4.50 na big dream!
Meanwhile Oando don close N12.81 grin.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 5:09pm On Nov 18, 2013
Mehn this transcorp ain't slowing down @all. #4 today hmm.
Re: Nigerian Stock Exchange Market Pick Alerts by qizick: 5:47pm On Nov 18, 2013
[color=#770077][/color] please meritrade aint goin thru my fon must I own a system
Re: Nigerian Stock Exchange Market Pick Alerts by kolidave: 6:13pm On Nov 18, 2013
Mpeace :
Mehn this transcorp ain't slowing down @all. #4 today hmm.
I just sidown one corner dey observe oooo. Any wrong move like dis,I take sharp sharp action.
Re: Nigerian Stock Exchange Market Pick Alerts by Aks(m): 6:20pm On Nov 18, 2013
D gurus, is UBAcap good to buy @ the moment. My mind is willing but I don't know much abt the stock
Re: Nigerian Stock Exchange Market Pick Alerts by qizick: 6:47pm On Nov 18, 2013
[ mis squote au tho r= fonAks] D gurus, miss is U notBA cap good to buy @ the moment. My mind is willing but I don't know much abt the stock[/quote]




I got UBA today via my brokers advice . think its ok he hvnt failed me
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:04pm On Nov 18, 2013
7up ^ hmm 7up has been at 68naira since. It's gained today. Wetin do am now o. Tell us o. Abeg ogas at the top.
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 7:45pm On Nov 18, 2013
Ess: I wonder why Dangote Sugar has not declined the free fall. It is high time it reverses and head north. Investor should have come over the 9 month poor result issue by now.

The stock is trying. It's holding firm if not it would have gone below N10 by now. I think it will reverse soon.
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 7:50pm On Nov 18, 2013
Mpeace :
Mehn this transcorp ain't slowing down @all. #4 today hmm.

...with more than 388 Million volume traded today. The stock no wan hear at all...

BTW where is madam Mercylicious?
Re: Nigerian Stock Exchange Market Pick Alerts by qizick: 9:00pm On Nov 18, 2013
[qu ote author=ucheson2] You may check out
www.meritrade.com[/quot caree]








pls the webs it e is not letting me create account with my phone pls if u use meritrade recommend if I go on or not
Re: Nigerian Stock Exchange Market Pick Alerts by ucheson2(m): 10:22pm On Nov 18, 2013
qizick: [qu ote author=ucheson2] You may check out
www.meritrade.com[/quot caree]








pls the webs it e is not letting me create account with my phone pls if u use meritrade recommend if I go on or not
The phone u r using may be contributing 2 the problem. U may contact them using the phone no. provided on their website for further inquiries.
Re: Nigerian Stock Exchange Market Pick Alerts by ucheson2(m): 10:24pm On Nov 18, 2013
qizick: [qu ote author=ucheson2] You may check out
www.meritrade.com[/quot caree]








pls the webs it e is not letting me create account with my phone pls if u use meritrade recommend if I go on or not
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 10:58pm On Nov 18, 2013
qizick: [qu ote author=ucheson2] You may check out
www.meritrade.com[/quot caree]

pls the webs it e is not letting me create account with my phone pls if u use meritrade recommend if I go on or not

Try and use a computer if it's not working with your phone. Note that you will also need to upload some documents.

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:37am On Nov 19, 2013
CI leasing has finally left carpark..I just dey observe
Re: Nigerian Stock Exchange Market Pick Alerts by princemolak(m): 6:40am On Nov 19, 2013
Gurus, Abc trans Vs C.&i Leasing,which is the Best for Mid Long Term,pls its Urgent

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