Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,147,273 members, 7,796,647 topics. Date: Sunday, 14 April 2024 at 02:11 AM

Nigerian Stock Exchange Market Pick Alerts - Investment (5856) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (10768125 Views)

Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)

(1) (2) (3) ... (5853) (5854) (5855) (5856) (5857) (5858) (5859) ... (7702) (Reply) (Go Down)

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:38pm On Jul 08, 2020
onegentleguy:
WHY AIICO INSURANCE IS DIVESTING...

The divestment of AIICO Insurance Plc from AIICO Pension Managers Limited is NOT driven by the company’s recapitalisation plans, the Managing Director/CEO, Babatunde Fajemirokun, has said.

Fajemirokun, in a statement in Lagos, stated that the company divested for two reasons.

He explained that the first is to unlock the value that is greater than holding the asset as a subsidiary.

The second, he said, is to deploy the capital in other assets where AIICO has a stronger competitive advantage, thereby maximising the long-term value for its stakeholders.

He said while AIICO has entered into discussions with FCMB Pensions Limited for the divestment of AIICO Pension, the proposed sale would see an uptake of AIICO’s 70 per cent stake in the company.

He further stated that the proposed transaction is subject to the approvals of the National Pension Commission (PenCom) and the Federal Competition and Consumer Protection Commission (FCCPC).

He noted that AIICO Insurance is a leading composite insurer with a record of serving its clients that dates back over 50 years.

https://thenationonlineng.net/why-aiico-insurance-is-divesting/

As I stated before now, this is possibly a win-win for both AIICO and FCMB.
My assessment though, is exempt from what the MD of AIICO has got to say.
...We like both coys !!

#shorttomidtermplays
#Hold

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:44pm On Jul 08, 2020
Mcy56:

FCMB closed 1.9
Fidelity: 1.80........some kobos to cover and overtake. Lol.
We are watching the fight btw the duo... Just in two days fcmb has delivered me more than 10 percent... I am in both anyways grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:58pm On Jul 08, 2020
Mcy56:

FCMB closed 1.9
Fidelity: 1.80........some kobos to cover and overtake. Lol.

Fide is taking back his position.
There will be a strong fight tomorrow btw the two and the fight may take both to full bid all the day.

Ositadinma,your fcmb exit is 1.96.Are you still exiting?

Akakwobeghi kwa beans o.
Uche gi dikwara ya.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:59pm On Jul 08, 2020
megawealth01:
We are watching the fight btw the duo... Just in two days fcmb has delivered me more than 10 percent... I am in both anyways grin

I know you will be thinking of a second wife when you hammer.

You don hammer already.Enjoy the more.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:05pm On Jul 08, 2020
locodemy:


I know you will be thinking of a second wife when you hammer.

You don hammer already.Enjoy the more.
I be follow you for fcmb but you nearly denied me two days ago but madam mercy came to my rescue that I should follow mr. Time grin
Re: Nigerian Stock Exchange Market Pick Alerts by S007: 3:15pm On Jul 08, 2020
Bjrokenhear003:


Continue quoting textbook, what I saw when trading is different,Go look At forte oil when they issued bonus shares and people rushed and sold theirs on the floor, the truth is that when they issue bonus shares,

1) the shares in the company increases

2) people rush to sell it on the floor crashing the price

3)if the company sustains the NP level as before EPS falls and MPS falls automatically and it’s get worse if NP level falls EPS falls further

So in any way I don’t like when a company issues bonus shares to its investors or does right issues( Flour mill 2018 if you don’t buy you have lost as TERP price falls) and people still rush to sell on the floor. Truth is cost of equity is expensive and isn’t tax free, whilst cost of debt is cheaper

You've succeeded in repeating what I wrote in point 1 and 3. Which person is quoting textbook now. grin
If d tin look like textbook stuff to you. No vex. Na human being dey write textbook, not spirit.

Point 2 is not true all the time. Maybe you don't understand what I mean by exceptions.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:18pm On Jul 08, 2020
Mcy56:
GTB arrived KM 22.
Zee lifting body small small.

Think this has to do with the expectation of interim dividend.

Fidelity: 31M bids vs. 4.8M offers
FCMB: did 1.81 already....

UBA, Fbnh, Access.....lifting body small small


Which one person still fit buy
Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 3:25pm On Jul 08, 2020
naturalflow:
all through my life,I have never seen a billionaire chartist but I have seen a few billionaire fundamentalist.

Well done.

Until you can afford to pay chartists and analysts, my brother, you'd have to do the groundwork yourself.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 3:56pm On Jul 08, 2020
Eku Bull Markets ooooo

#Locodemy chartist is doing well

#RabbiDoracle is doing well
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 3:59pm On Jul 08, 2020
Mcy56:
GTB arrived KM 22.
Zee lifting body small small.

Think this has to do with the expectation of interim dividend.

Fidelity: 31M bids vs. 4.8M offers
FCMB: did 1.81 already....

UBA, Fbnh, Access.....lifting body small small

wen day low > prev day close = momentum shift

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Aquilapriscilla: 4:06pm On Jul 08, 2020
Coolcash1:




More green to your portfolio... grin

Thank you for the advice Sir.

Please who here is into crypto? I want to buy ripples and keep for long term. Is this a good move?
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:10pm On Jul 08, 2020
Mcy56:
Wapco .... cheesy

full engulfing u turn.
d mop squad will be holding d sharing activity tomorrow at 10am lol
pre mkt activities have helped in entries and exits before conductor close door
dis NSE ehn

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:15pm On Jul 08, 2020
PETERiCHY:
Heavy CROSS DEAL going on in MTN

BARGAIN HUNTERS TAKE NOTE!

nbst d fundamental choice of deep pocket
gradually climbing up the $nge board too
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:17pm On Jul 08, 2020
Aquilapriscilla:

Thank you for the advice Sir.

Please who here is into crypto? I want to buy ripples and keep for long term. Is this a good move?

many things better than xrp !
BUt nothing wrong in keeping some esp with the global partnerships
however u wud have to find the right board
this is Nigeria Stocks and Investment sir
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:19pm On Jul 08, 2020
ukay2:
Eku Bull Markets ooooo

#Locodemy chartist is doing well

#RabbiDoracle is doing well


if prices can just brk prev highs ehn
that wud be great . .

short play activated
zen uba fbn

will see if wapco comittee meeting is open for late comers very early lolll
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:20pm On Jul 08, 2020
Nge ETF Top 10 holdings

Dangem
Nestle
Gtb
Zenith
MTN
FBN
UBA
STANBIC
CASH lol
FLOURMILL


link:
https://www.globalxetfs.com/funds/nge/

#RandomCheck

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:22pm On Jul 08, 2020
onegentleguy:


As I stated before now, this is possibly a win-win for both AIICO and FCMB.
My assessment though, is exempt from what the MD of AIICO has got to say.
...We like both coys !!

#shorttomidtermplays
#Hold

noted
Re: Nigerian Stock Exchange Market Pick Alerts by Bukkydudu: 4:22pm On Jul 08, 2020
Gpod evening everyone.

Please i need advice feom this platform. I intend to invest little money on shares for short term investment ( like 2 months) can anyone advice me on the shares to buy. I have Oando and Wapco in mind, i dont know if its a good xhoice.
Pls help
Thank you
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:31pm On Jul 08, 2020
Mcy56:
Zenith is really struggling at 16.60......
Could this be skepticism?

Updated: closed at 16.65....

last week
opened at 16.20
closed at 15.25
weekly low 14.80

key level
weekly close abv 16.20, we de ai madam ! (engulfing weekly, shift to d up)

key level / next pivot:
weekly close abv N16.95 umm (dis is d koko)
Re: Nigerian Stock Exchange Market Pick Alerts by Moda1: 4:32pm On Jul 08, 2020
Nwanne m Loco , ano mu na ugbo fidelity, kedu mgbe nga na ele anya igbafu grin . Kowara m biko . Imela
locodemy:


Fide is taking back his position.
There will be a strong fight tomorrow btw the two and the fight may take both to full bid all the day.

Ositadinma,your fcmb exit is 1.96.Are you still exiting?

Akakwobeghi kwa beans o.
Uche gi dikwara ya.
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 4:33pm On Jul 08, 2020
Bukkydudu:
Gpod evening everyone.

Please i need advice feom this platform. I intend to invest little money on shares for short term investment ( like 2 months) can anyone advice me on the shares to buy. I have Oando and Wapco in mind, i dont know if its a good xhoice.
Pls help
Thank you

please just remove OANDO
lollx

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OpmOfficer: 4:37pm On Jul 08, 2020
Pls I need the advice of an experience stock broke. I bought 500 shares from diamond bank way back I need to know its actual value not. The way the value seems to look like right now because I understand it most have been splited over the years. I want to know before I go and convert into the current access share or look to cash out.
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:41pm On Jul 08, 2020
Mcy56:

Meshpips' VWAP. Lol. grin
Does it means TA is more important boss?
...Equally important!
grin grin grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:45pm On Jul 08, 2020
locodemy:


Fide is taking back his position.
There will be a strong fight tomorrow btw the two and the fight may take both to full bid all the day.

Ositadinma,your fcmb exit is 1.96.Are you still exiting?

Akakwobeghi kwa beans o.
Uche gi dikwara ya.

What do u suggest? Oga OGG is in favour of #hold and the market looks set to break the 2.2 barrier. My FCMB has been on auto exit for 1.96, I think I will be extending my exit. Also, the general banking sector looks promising.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:50pm On Jul 08, 2020
grin
ositadima1:


What do u suggest? Oga OGG is in favour of #hold and the market looks set to break the 2.2 barrier. My FCMB has been on auto exit for 1.96, I think I will be extending my exit. Also, the general banking sector looks promising.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:57pm On Jul 08, 2020
megawealth01:
grin

Oga watin happen? cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:06pm On Jul 08, 2020
ositadima1:


Oga watin happen? cheesy
You will still shift it at km2.2 grin
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 5:08pm On Jul 08, 2020
megawealth01:
You will still shift it at km2.2 grin

grin
Re: Nigerian Stock Exchange Market Pick Alerts by ZikkyChops(m): 5:16pm On Jul 08, 2020
That's where the greed set IN
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 5:20pm On Jul 08, 2020
fxuser:



if prices can just brk prev highs ehn
that wud be great . .

short play activated
zen uba fbn

will see if wapco comittee meeting is open for late comers very early lolll

Thank you Sir.

Bonanza Period may have shortlived.....
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:21pm On Jul 08, 2020
ositadima1:


What do u suggest? Oga OGG is in favour of #hold and the market looks set to break the 2.2 barrier. My FCMB has been on auto exit for 1.96, I think I will be extending my exit. Also, the general banking sector looks promising.

The chart looks like 2018 bull in which fcmb and fidelity did 10 10% for many days.

Calm down let's see how the bids/offers go tomorrow.Wicked chart for fcmb/fidelity.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:31pm On Jul 08, 2020
Moda1:
Nwanne m Loco , ano mu na ugbo fidelity, kedu mgbe nga na ele anya igbafu grin . Kowara m biko . Imela

Buru oche nuba mmaya oku.

Ewooo.......see veecovee for my back.

Runs away

(1) (2) (3) ... (5853) (5854) (5855) (5856) (5857) (5858) (5859) ... (7702) (Reply)

Viewing this topic: kalkah and 2 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 38
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.