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Nigerian Stock Exchange Market Pick Alerts - Investment (6241) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:11pm On Jan 22, 2021
salanda:

I don't think people always buy stocks for investment they also simply buy for a probable upside.
Try not to be too hard on your fellow forumites, we are all here to make money one way or the other
You don't know Peter... He sometimes act like a sadist

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:15pm On Jan 22, 2021
bigjay01:
Bought UAC-PROP today

It may be a long play, but I have confidence in the Custodian guys
I didn't want to talk about this one so that people won't cry monkey hunting grin
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 5:53pm On Jan 22, 2021
jideflash:
i enjoy the service of @MeriTrade but their commission is not attractive to me anymore. I have already migrated half my portfolio to morgan capital since last year. Brokerage fee in Nigeria is too high.


You can't transfer half of your portfolio, unless you sell half of your portfolio and use the proceeds to buy shares at Morgan

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 6:18pm On Jan 22, 2021
nvesting.com -- Oil stockpiles unexpectedly rose last week, according to the latest U.S. government data.

Crude inventories rose 4.35 million barrels, against expectations for a draw of 1.16 million barrels, the Energy Information Administration said Friday.

The data release was delayed this week because of the U.S. holiday..


https://www.google.com/amp/s/m.investing.com/news/commodities-news/oil-stockpile-increased-an-unexpected-435-million-barrels-eia-2396367%3fampMode=1

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:25pm On Jan 22, 2021
PETERiCHY:
nvesting.com -- Oil stockpiles unexpectedly rose last week, according to the latest U.S. government data.

Crude inventories rose 4.35 million barrels, against expectations for a draw of 1.16 million barrels, the Energy Information Administration said Friday.

The data release was delayed this week because of the U.S. holiday..


https://www.google.com/amp/s/m.investing.com/news/commodities-news/oil-stockpile-increased-an-unexpected-435-million-barrels-eia-2396367%3fampMode=1
PETER's account has been hacked grin
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 6:28pm On Jan 22, 2021
megawealth01:
I didn't want to talk about this one so that people won't cry monkey hunting grin

I have had my fill. The herd can now turn to this direction. If it falls more, I buy more. afterall na awuf from MBenefit
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 6:40pm On Jan 22, 2021
megawealth01:
PETER's account has been hacked grin
Exactly. This can't come from Peter
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:54pm On Jan 22, 2021
Toluway:

Exactly. This can't come from Peter
Maybe he has bought into TRANSCORP or any other pick grin
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 7:14pm On Jan 22, 2021
PuristForest:
i think it will test 10 - 10.50 and we may see a correction to about 8 - 9 ish...dont think its time to buy now

Thanks man. The dividend yield is slightly above 10% if you bought@#7. As for the correction,this is what I see.

When their q1 is released next week, it will take it to 10 or slightly above, then after markdown, 9issh. the correction will take place btw 9issh and 10.
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 7:33pm On Jan 22, 2021
Physco4221:
Hello house
Is japaul stock good to buy now,I noticed the price is reduced

Japul is a no no for now. You have to understand how this stuff works. Any equity that gains over 200% consistently over a period of weeks, when they do finally find support, they start range trading. Neimeth, Wapco, ftncocoa and recently japul comes to mind.

Don't go near japul even if it finds support, it will start range trading just like ftncocoa ranging btw 60k & 70k.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 9:01pm On Jan 22, 2021
thebargainhunte:


Anyway, I don't see oil phasing out too soon. But surely, green energy is the future. In 19th century, we saw how coal was replaced with oil. In this century, there might be a shift too.

I agree boss
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 9:01pm On Jan 22, 2021
Ekuu insurance oh
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 9:22pm On Jan 22, 2021
megawealth01:
Maybe he has bought into TRANSCORP or any other pick grin

That news is bearish for oil na, high supply/inventories = price falls

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 9:27pm On Jan 22, 2021

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 9:36pm On Jan 22, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 9:36pm On Jan 22, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by Ovamboland(m): 10:08pm On Jan 22, 2021
thebargainhunte:


Anyway, I don't see oil phasing out too soon. But surely, green energy is the future. In 19th century, we saw how coal was replaced with oil. In this century, there might be a shift too.

$824 billion worth of coal was produced worldwide in 2019, Oil is in trillion-dollar, forget all those paralysis of analysis. Those industries will still sustain some new career workers till retirement
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 11:23pm On Jan 22, 2021
Exactly. I sold off before the lockdown meltdown last year. Re-entered via Morgan and bought zenith @ 11, Wapco @ 11, fbn @ 4 & sti .20k . �.
emmanuelewumi:



You can't transfer half of your portfolio, unless you sell half of your portfolio and use the proceeds to buy shares at Morgan

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by leckzyb(m): 12:18am On Jan 23, 2021
Hello, good morning
Please which broker can you recommend for a beginner. Thanks you
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 1:24am On Jan 23, 2021
Stock with new 52 week lows
MRS #11.20k
Stocks with new 52 week highs
Champion brew #1.95k
Multiverse #0.24k
Trans-nationwide #1.10k
Ucap #5.45k

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:45am On Jan 23, 2021
ebuka1997:
Is this news true, May and baker Nigeria vaccine collaboration.
https://www.google.com/amp/s/thenationonlineng.net/nec-okays-local-production-of-covid-19-vaccines/amp/


There will be a bull run on May and Baker next week.


The owner of Peace Motor Transport should be a happy man now, recently became the second biggest shareholder of this company

5 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 5:17am On Jan 23, 2021
bigjay01:
Bought UAC-PROP today

It may be a long play, but I have confidence in the Custodian guys

So you have finally understood me grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 5:23am On Jan 23, 2021
nna777:


Thanks man. The dividend yield is slightly above 10% if you bought@#7. As for the correction,this is what I see.

When their q1 is released next week, it will take it to 10 or slightly above, then after markdown, 9issh. the correction will take place btw 9issh and 10.

I bought more Vitafoam plc shares at N7, will buy more at N8 and below after markdown....more growth and dividends expected if they continue to do well going forward
Re: Nigerian Stock Exchange Market Pick Alerts by S007: 8:33am On Jan 23, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 8:46am On Jan 23, 2021
Is UPDC even worth 75k as at today? The only hope the shareholders will be banking on will be on the turnaround of the company. UPDC Reits has been shared to the UPDC shareholders. Las las I foresee Custodian buying over the remaining shareholders at a premium and the company delisted.
ukay2:


So you have finally understood me grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by afroxyz: 8:48am On Jan 23, 2021
thebargainhunte:


Anyway, I don't see oil phasing out too soon. But surely, green energy is the future. In 19th century, we saw how coal was replaced with oil. In this century, there might be a shift too.
Saudi Arabia is planning to export hydrogen soon. The oil phase out is already here
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 9:39am On Jan 23, 2021
rebekah2011:
Is UPDC even worth 75k as at today? The only hope the shareholders will be banking on will be on the turnaround of the company. UPDC Reits has been shared to the UPDC shareholders. Las las I foresee Custodian buying over the remaining shareholders at a premium and the company delisted.

There should buy us at N2 premium cool cool
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 1:15pm On Jan 23, 2021
S007:


Access buying UBN? This bank wants to buy everything ni?
Too much money is shacking them. Instead of sharing the money among their shareholders, they want to buy the whole country!
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:04pm On Jan 23, 2021
S007:


Access buying UBN? This bank wants to buy everything ni?
AccessBank stingy sha grin
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 2:59pm On Jan 23, 2021
emmanuelewumi:



There will be a bull run on May and Baker next week.


The owner of Peace Motor Transport should be a happy man now, recently became the second biggest shareholder of this company

Wow that man is a big man oh, he also bought c and I leasing recently

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:27pm On Jan 23, 2021
ebuka1997:


Wow that man is a big man oh, he also bought c and I leasing recently


His business is generating steady cash flow, I think his children are well educated and they are giving their father sound Investment advice

Peace Motor Transport might grow so big, becoming a holding company that will be earning billions of Naira as Investment income from dividends, rents, coupons etc sometimes in the future.

I learnt he also has a microfinance bank

3 Likes 1 Share

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