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Nigerian Stock Exchange Market Pick Alerts - Investment (6288) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:28am On Feb 23
I always laugh when certain stocks are hyped because they were pumped... I'm waiting for UCAP, WAPCO, AFRIP, GUINESSS etc... They must bow to my yearly entry grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 9:48am On Feb 23
megawealth01:
I always laugh when certain stocks are hyped because they were pumped... I'm waiting for UCAP, WAPCO, AFRIP, GUINESSS etc... They must bow to my yearly entry grin
What is your yearly entry?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 10:02am On Feb 23
You may need to make an exception for United Capital this time around. Q4 EPS alone is 72kobo, if the feat is repeated in Q1, 2021 be sure that UCAP will not sell under N5 for a very long time and if the trend is sustained through the next 3 quarters in 2021. N1 dividend may be feasible in 2021 FS.

megawealth01:
I always laugh when certain stocks are hyped because they were pumped... I'm waiting for UCAP, WAPCO, AFRIP, GUINESSS etc... They must bow to my yearly entry grin

4 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:28am On Feb 23
AFRIPRUD and UCAP:
How did these stocks offend Mr. Market?
The one that declared fat bonus is chopping beating, the one that declared lesser also....... shocked
Na crime to declare dividend ni? grin
Anyway, think it has to do with the period these dividends came in........by the time the big ones started declaring theirs, investors will appreciate UCAP/AFRIPRUD's dividends......
My Opinion......if you're seated in the bus, stay put, collect your dividend and do siddon-look (for those who bought at higher price especially). If you have more funds, buy more at dip........Bull won't pass in front of these ones without doing obeisance..... tongue

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 10:28am On Feb 23
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:37am On Feb 23

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Monibabakan(m): 10:45am On Feb 23
megawealth01:
I always laugh when certain stocks are hyped because they were pumped... I'm waiting for UCAP, WAPCO, AFRIP, GUINESSS etc... They must bow to my yearly entry grin

After profit-taking, na to change strategy to bargain-hunting. Peter don dey get disciples small small be that grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:04am On Feb 23
yMcy56:
Did some findings too and got to know that Lasaco would be doing share reconstruction of one for every 4 held. No info on this in NSE corporate disclosure.

Unlike Mansard who gave bonus to take care of the reconstruction plan, there's no info on bonus issue or whatever on the part of Lasaco.
If Lasaco should get to 40kobo pre-reconstruction for instance, the post reconstruction price will be 4*40kobo = N1.60.

My concern is: How Mr. Market will handle this kind of price for insurance coy post reconstruction. Think there's need for caution here.
LASACO getting much bash.ing........
This concern was earlier raised too..........now it's happening...... sad
The timing was wrong, the process was not well thought out........a cushion effect should have followed the reconstruction immediately........
Hope MM/the Coy will come to shareholders' rescue here.......
Re: Nigerian Stock Exchange Market Pick Alerts by dpacificheraclx(m): 11:05am On Feb 23
Mcy56:
AFRIPRUD and UCAP:
How did these stocks offend Mr. Market?
The one that declared fat bonus is chopping beating, the one that declared lesser also....... shocked
Na crime to declare dividend ni? grin
Anyway, think it has to do with the period these dividends came in........by the time the big ones started declaring theirs, investors will appreciate UCAP/AFRIPRUD's dividends......
My Opinion......if you're seated in the bus, stay put, collect your dividend and do siddon-look (for those who bought at higher price especially). If you have more funds, buy more at dip........Bull won't pass in front of these ones without doing obeisance..... tongue

for UCAP, i believe market participants have already priced its impressive performance in 2020 into the coy's share price, looking at how it increased from N3.75 to N6.05 in 4 months, hence for the share price of UCAP to stay comfortably above N6.5 and even test or breakthrough N7 then we need something extra, from the company in Q1 and Q2 2020 in terms of earnings during this period, and this I believe is a possible feat for the company, looking at how UCAP's managed fund increased in 2020 alone.


For Afriprud in my own perspective o, the company's case na major shock for investors, the shareholders i guess didn't expect AfriPrud to declare a dividend as low as 0.50k which the board declared.

anyhow it is make both of them sha fall after dividend payment be my own concern, and based on words on this street that's likely to happen.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 11:12am On Feb 23
Mcy56:



***The silence here is scary***
E Ku Market oo. smiley

Some people here moved some funds to crypto. since yesterday Bitcoin has been receiving serious thrashing. It has already lost ~$10k.

Generally across board, market isn't smiling

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:13am On Feb 23
dpacificheraclx:
for UCAP, i believe market participants have already priced its impressive performance in 2020 into the coy's share price, looking at how it increased from N3.75 to N6.05 in 4 months, hence for the share price of UCAP to stay comfortably above N6.5 and even test or breakthrough N7 then we need something extra, from the company in Q1 and Q2 2020 in terms of earnings during this period....

For Afriprud in my own perspective o, the company's case na major shock for investors, the shareholders i guess didn't expect AfriPrud to declare a dividend as low as 0.50k which the board declared.....
You're right!
Afriprud fell below investors's expectations........ especially with UCAP releasing result before them......Higher dividend than UCAP's was expected.......
I as a person wasn't expecting anything extra-ordinary from AFRIPRUD going by their Q3 performance, which was somehow flat............but just know they'll try as well........Afriprud will still bounce back, 2020 was a challenge for most coys.

As for UCAP, Q1 will do the coy a lot of good if there's improved result...........with this, the Stock might not visit below N5 again......all things being equal.

*** I think from tomorrow, whosoever is waiting for bargain in Afriprud .....and also want to take part in dividend should start buying***
**This is just my opinion, DD is adviced**

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 11:22am On Feb 23
Mcy56:
NSE UPGRADES AFRIPRUD TO MEDIUM PRICE STOCK..........
From Low Priced to Medium Price Stock...

https://thenationonlineng.net/nse-upgrades-africa-prudential-to-medium-price-stock/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321468+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

If this is effected, it means that those waiting for below #5 will wait forever even after dividend.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by YourhealthNG2(m): 11:23am On Feb 23
Mcy56:

You're right!
Afriprud fell below investors's expectations........ especially with UCAP releasing result before them......Higher dividend than UCAP's was expected.......
I as a person wasn't expecting anything extra-ordinary from AFRIPRUD going by their Q3 performance, which was somehow flat............but just know they'll try as well........Afriprud will still bounce back, 2020 was a challenge for most coys.

As for UCAP, Q1 will do the coy a lot of good if there's improved result...........with this, the Stock might not visit below N5 again......all things being equal.

*** I think from tomorrow, whosoever is waiting for bargain in Afriprud .....and also want to take part in dividend should start buying***
**This is just my opinion, DD is adviced**
Please what do you think is the cause of the big fall in Wapco? Any hope in sight?
Re: Nigerian Stock Exchange Market Pick Alerts by Monibabakan(m): 11:36am On Feb 23
Mcy56:
AFRIPRUD and UCAP:
How did these stocks offend Mr. Market?
The one that declared fat bonus is chopping beating, the one that declared lesser also....... shocked
Na crime to declare dividend ni? grin
Anyway, think it has to do with the period these dividends came in........by the time the big ones started declaring theirs, investors will appreciate UCAP/AFRIPRUD's dividends......
My Opinion......if you're seated in the bus, stay put, collect your dividend and do siddon-look (for those who bought at higher price especially). If you have more funds, buy more at dip........Bull won't pass in front of these ones without doing obeisance..... tongue

Well, I'm not surprised at the development as I've seen it happen my times when the market negatively reacts to positive results. It is even better as UCAP price earlier went up as soon as the news of the dividend hit the market until yesterday. I have a strong feeling that some investors are moving their funds gradually from the equity market to the fixed income market as it is becoming attractive.
Long-term investors should have no cause for alarm especially those entered at low prices and picked dividend stocks cool. However, short-term investors who seem to be caught unawares should reconsider their strategy now, the earlier the better smiley

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:37am On Feb 23
YourhealthNG2:

Please what do you think is the cause of the big fall in Wapco? Any hope in sight?
WAPCO is undergoing price correction in my opinion.
Also, theres lull in the market for now, so you can't expect Wapco to be moving in isolation.

**Also note that Wapco is an 'upcoming' stock, came out of the wood, on its recovery path and "promising" if they continue on the right track/ delivering per expectations.
The stock is also enjoying positive sentiments currently............ BUT, I think it went to over-priced region @N30 for the time being.

** Na my opinion be this ooo, I may be wrong. grin ........but if bull comes, Wapco will also ride with it**

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:39am On Feb 23
Monibabakan:
Well, I'm not surprised at the development as I've seen it happen my times when the market negatively reacts to positive results. It is even better as UCAP price earlier went up as soon as the news of the dividend hit the market until yesterday. I have a strong feeling that some investors are moving their funds gradually from the equity market to the fixed income market as it is becoming attractive.
Another good perspective too.

I want to believe that those prices will still move up after some bashing..........at least before dividend payments.
I may also be wrong because Mr. Market has a mind of its own. Let's see how March will be, God willing.....

No more charts for Nsempa.......maybe it will return some day. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:50am On Feb 23
UCAP:. Bids increasing and moving gradually.......touched N6 earlier.........Guess the fixed income guys has also contributed to the shedding of prices........
AFRIPRUD: Some bargain hunters also picking at N5.95.........

MANSARD: Touched N1.06 earlier and bounced back......

**This is just observation. Not any form of advice**
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 11:51am On Feb 23
GUINNESS NIGERIA PLC

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:55am On Feb 23
samguru:
GUINNESS NIGERIA PLC
How far with this nah? smiley
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 12:01pm On Feb 23
But this trashing in Afripud is brutal. Ontop 20k difference in dividend. It has already lost #1.35k.
This should give a clue to what will happen to coys that don't improve on previous dividend.
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 12:10pm On Feb 23
nna777:
But this trashing in Afripud is brutal. Ontop 20k difference in dividend. It has already lost #1.35k.
This should give a clue to what will happen to coys that don't improve on previous dividend.


Market players no dey joke with dividend matter grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by YourhealthNG2(m): 12:20pm On Feb 23
Mcy56:

WAPCO is undergoing price correction in my opinion.
Also, theres lull in the market for now, so you can't expect Wapco to be moving in isolation.

**Also note that Wapco is an 'upcoming' stock, came out of the wood, on its recovery path and "promising" if they continue on the right track/ delivering per expectations.
The stock is also enjoying positive sentiments currently............ BUT, I think it went to over-priced region @N30 for the time being.

** Na my opinion be this ooo, I may be wrong. grin ........but if bull comes, Wapco will also ride with it**

Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 12:20pm On Feb 23
Mcy56:

How far with this nah? smiley


More people are getting to know about the information shared earlier and that may be the reason the trading volumes have increased. If not for the bearish sentiment in the market, the share price of guinness would have appreciated to #30.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:21pm On Feb 23
nna777:
But this trashing in Afripud is brutal. Ontop 20k difference in dividend. It has already lost #1.35k.
This should give a clue to what will happen to coys that don't improve on previous dividend.
In fact, the thing don dey cause fear self.........with the way they started with these two.
Let's hope it doesn't continue this way, hence na to wait for Dividend announcement first o. grin
These Tony stocks showed me something in the past.......though it still bounced back and appreciated at the end. grin
This is one of the places I learnt patience. grin
Re: Nigerian Stock Exchange Market Pick Alerts by LauraClasikVibe(f): 12:25pm On Feb 23
ENTRY PRICE
UCAP 5.20
TOTAL 128
ARDOVA 15
AIICO 1.00
GLAXCO 6
WAPMCO 22

4 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 12:51pm On Feb 23

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:56pm On Feb 23
Lion123:
The Eagle has landed -- http://www.nse.com.ng/Financial_NewsDocs/32445_ZENITH_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2020_.pdf
Was about to post about the attention it's currently getting.......
Up with over N1 now........
Lets see if tradition won't repeat itself here....... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 12:58pm On Feb 23
Re: Nigerian Stock Exchange Market Pick Alerts by wisdom2345: 12:59pm On Feb 23
Zenith bank shaaaa
N71.3 billion in Q4.
How can one bank make more money in one quarter than FBNH in one year.. �

8 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by GoddyOra(m): 1:10pm On Feb 23
Princkez:
how much dividends
N2.70 per share plus N0.30 per share as interim dividend all equating to N3.00 for the financial year.

Massive results.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 1:13pm On Feb 23
GoddyOra:

N2.70 per share plus N0.30 per share as interim dividend all equating to N3.00 for the financial year.

Massive results.
nice one ZENITH
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:16pm On Feb 23
GoddyOra:
N2.70 per share plus N0.30 per share as interim dividend all equating to N3.00 for the financial year.
Massive results.
Pa Emma was very correct here..... cool
Congrats to those that picked Zee ......... especially @17 and below...... smiley

2 Likes

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