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Stats: 2,378,652 members, 5,302,816 topics. Date: Friday, 06 December 2019 at 05:17 AM
|Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:16pm On Jun 10|
stcool:Boss what if mama Simbi's goat feast on the Q2 result?
|Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:20pm On Jun 10|
locodemy:Pls tell us the difference between them
4 Likes 1 Share
|Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:23pm On Jun 10|
stcool:Someone said the rally it experienced was as a result of stanbic nominees if that is the case has stanbic nominees left Law union and rock cos I heard they were also in the boat of law union and rock
|Re: Nigerian Stock Exchange Market Pick Alerts by lmm4real: 8:30pm On Jun 10|
Plz what is happening to PZ the thing just keep pulling me down. Any info or advice on the coy. I entered big time around #11+ and have just been nursing the pain as the ship keeps sinking.
|Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 8:35pm On Jun 10|
|Re: Nigerian Stock Exchange Market Pick Alerts by owolabi5: 8:57pm On Jun 10|
Pls any news?
When is Chams paying the 3kobo?
|Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:12pm On Jun 10|
|Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:14pm On Jun 10|
|Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:19pm On Jun 10|
phemmie06:They never born the Mama Simbi goat well.
Abeg make all of Una leave stcool o.
|Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:48pm On Jun 10|
stcool:So you prefer Cham that recorded profit in 2018 than FCMB that has been in business with year to year improve in earning and dividend payment, which recently acquired Legacy pension, that handle pension of civil servants, this includes some section of Rivers state civil servants and other states pension fund, they have CSL stockbroking as one of their arm. https://www.fcmb.com/node/301
FCMB might record higher EPs than Fidelity by 2019 final year goes by the level of their high jump in EPs and dividend pay out, And will likely pay higher dividend again than Fidelity in 2019 FY. https://www.proshareng.com/news/Corporate%20Results/FCMB-Declares-N14.97bn-PAT-in-2018-Audited-Results--Proposes-14-Kobo-Dividend/44617 I believed in research, remembered I have other companies that I have more interest in than FCMB, but this company is too important to ignore, for the interest of new members here.
I also do this Just to clarifying you, to avoid mistake, or buying Chimpanzee in the name of Monkey.
So you prefer Cham at 50 kobo than FCMB at #2? I was among those that talk about Cham when one of the members here mentioned them at their 20 kobo car park. But at their current price there are many companies that has better chance than them. Stocks like UBA, zenith, GTB, FCMB, Fidelity, Afriprudent.
Many have come and gone, Eterna came up for one /two season of good EPs, and started dropping down in EPs by q4 2017 and Fy 2018/ q1 2019.Likewise Dangote flour recorded increase in EPs in FY 2016 and 2017, but drop massively in all quarter in 2018, including the final year. Jberger also came up for one season and drop the next season.
Cham just record higher EPs in just 2018 final, but I doubt if 2019 final will surpass that of 2018. They will likely declare decrease in 2019 FY EPS against that of 2018 FY. Cham pls can't be compare at all with FCMB/ Fidelity.
|Re: Nigerian Stock Exchange Market Pick Alerts by cuteboy2: 11:10pm On Jun 10|
UPDC! UPDC!! UPDC!!!
Gurus in the house. Please kindly educate us on what is causing this massive bump in UAC-Property today (+10%) from the parking lot of 1.5.
This UAC subsidiary used to be a N15 stock.
I took a look at thier Q1, 2019 result, there was nothing to write home about, just the usual massive losses.
What is happening?
1 Like 1 Share
|Re: Nigerian Stock Exchange Market Pick Alerts by cuteboy2: 11:17pm On Jun 10|
2018 FY result was 7 times worse than 2017 FY.
So what is driving the sudden uptick in price today?
|Re: Nigerian Stock Exchange Market Pick Alerts by RabbiDoracle: 4:37am On Jun 11|
|Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 6:24am On Jun 11|
Based on Fundamental Analysis (FA) and consistency, Fidelity and FCMB would be far above their current price. However, Technical analysis and market sentiments supersedes FA. Hence, this analysis do not determine the price forecaast for any stock in the market, else Caverton would be N4.0 or higher.
|Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 6:45am On Jun 11|
This is akin to asking why Japaul is on the uptrend even with huge losses. UAC_PROP moved up because someone took a gamble on it by buying it, and based on Technical Analysis, the gamble would pay off in the short term. There are 2 stocks on my dashboard that indicate an impending uptrend in the coming days/weeks and both of them have negative EPS.....not surprising to me.
My advice is, if you are not an expert trader, ignore UAC_PROP, if you jump in, it would likely tank on you.
|Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 7:09am On Jun 11|
My brother/sister, I feel your pain, been there before. Asides the fact that PZ has a low EPS and negative PAT YOY, my projection indicates it would likely tank further before any respite, unless someone takes a hugh gamble on it and buys it higher, thereby taking the price up, at which point, you should sell immediately.
There is a principle we call stop-loss, which stipulates that you MUST sell a stock as soon as it goes down on you more than a certain percentage, usually 5-10%. Hence, you should have sold PZ as soon as it moved past N10.50, since you bought at 11+.
If I were you, I would sell and put the money in another stock which would likely move higher in a month or so, like FCMB, ACCESS, etc. I advice you read a lot on stock analysis before you invest your hard-earned (hopefully) money. Like DMX would rap..."always learn the rules of the game before you play it. Good luck!
|Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 7:25am On Jun 11|
FCMB would likely hit 2.3 before the end of August, unless its 2Q result isn't good, which I doubt. Hence, I don't think you will find it at that price you mentioned anytime soon, but who knows!
|Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:44am On Jun 11|
Nothing but the truth.. I like how you do both fa and ta
|Re: Nigerian Stock Exchange Market Pick Alerts by DOLLARTEX(m): 8:45am On Jun 11|
|Re: Nigerian Stock Exchange Market Pick Alerts by DOLLARTEX(m): 8:47am On Jun 11|
|Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 8:49am On Jun 11|
The number one problem of the market today is this administration. Many people/investors don't want to do business in Nigeria.
The market may experience a longer lull. No catalyst. No investor friendly policy. No drive to make things better.
For Ghana to be attracting a higher FDI than Nigeria, tells it all.
How many days since after inauguration, no reasonable appointment has been made. And some one will sit somewhere and say Buhari is doing well.
2 Likes 1 Share
|Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 9:24am On Jun 11|
If you have CHAMS for sale, kindly bring it to the market today....Bus about to move, don't come and cry fowl later
|Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 9:37am On Jun 11|
I will tell you after the facts. These things aren't cast in stone.
|Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 9:38am On Jun 11|
Oando Disagrees with SEC’s Decision to Cancel AGM
|Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 9:40am On Jun 11|
Focus on your circle of influence and ignore your circle of concern. While you complaining, people are making a kill from this market, whether it moves up or down. "Sharpen your saw" and focus, the key is right before you.
|Re: Nigerian Stock Exchange Market Pick Alerts by Horus(m): 9:46am On Jun 11|
Apply for the Nigerian Stock Exchange 2019 Graduate Trainee Programme
The Nigerian Stock Exchange Graduate Trainee Programme (GTP) is an 11-month intensive program designed to groom talents locally
and raise a new generation of leaders for the capital market and the Nigerian economy.
|Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 9:55am On Jun 11|
Chief, i disagree with you on this. Which people are making a kill in the market? Aside MTN, which stock has rallied in the last 2months? Do you know how much loss people are sitting on. Talking about circle of influence, the larger macro economic environment determines if I make money on The NSE or not. So, I should be concerned about it. How much have you made from the market this year?
A lot of us here are only here because our money is tied on the NSE and may be significant losses are staring us in the face, so we congregate to keep hope alive.
8 Likes 1 Share
|Re: Nigerian Stock Exchange Market Pick Alerts by yok: 10:05am On Jun 11|
DAILY STOCK MARKET GUIDE FOR 11 JUNE 2019
MSCI on 10 June bought many stock, sold some Guinness. likely the transactions were done around last week but reported yesterday. No problem, the movement can be used to position ourselves for the 2nd Qtr earnings release.
MSCI coming to the market may stem the tide of the bears. But, we should still be on our guards, the market is still in stage 1, even if the bull shows up now, it will be temporary.
A joke just crossed my mind, now that MSCI is bailing out the market from the bears (nobody is talking), I am sure that very soon someone will wake up from somewhere one day, when MSCI will be making money from the market (taking the money out of Nigeria) and asked that MSCI should come and tell us where they got their money from, that EFCC should probe the fund (probably thinking MSCI is physically in Nigeria, not knowing that every Investment decision for MSCI is taken somewhere in New York!!!)
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. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis (https://twitter.com/AnalysisTarget) and is not to be distributed without our authorization.
3 Likes 1 Share
|Re: Nigerian Stock Exchange Market Pick Alerts by Bomboclad: 10:23am On Jun 11|
I share your concern and empathize with you. I had lost a lot of money too though previously until I read my eyes out and learnt all the tricks. If we are hopeless, we cant make it. There are things we cant change and those we can. I wish you the best of luck.
|Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:07am On Jun 11|
Guys, has anyone received CONTISURE payout ?
|Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:45am On Jun 11|
dipoolowoo:The one that would finally finish oando is when sec will say no result until the case is concluded.
|Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:14pm On Jun 11|
I foresee 1M units of OANDO selling for 800k
BARGAIN HUNTERS BEWARN!
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