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Nigerian Stock Exchange Market Pick Alerts - Investment (6960) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:51am On May 02, 2023
kolaish:

peterichy grin
Lol. grin
Peter wey don port since......
Na UBA dividend he come dey show us. grin
Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 10:51am On May 02, 2023
yMcy56:
ACCESS
- Getting a lot of attn earlier......
- Someone was busy supplying @10.45 while someone else from the other side was busy packing......
73M bids Vs. 20M offers .......as at now...
- What is the mission of this supplier and picker??

NAHCO
Responding to good Q1 result.....
- Sighted @13.10 but no 100k bulk to move it yet officially.....

FCMB, WAPIC, CHAMS,......Good response from Mr. Market

GTCO: Marked down and getting good response too.... opened@22.05...

Transcorp on full offer @2.53.......who should we call to come and carry his Transcorp now.... lipsrsealed

If nahco keeps doing 100% every quarter, dividend fit reach #2 by next year

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:54am On May 02, 2023
ACCESS
Looks like Wigwe don't want to take any chances at all.......the fear of Otebaba is the beginning of mopping & increasing shareholding...... grin

Market situation as at now attached.....
80M bids against 16M offers...


NAHCO
- Now @13 officially......

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 10:59am On May 02, 2023
ZENITHBANK dividend has dropped.....waiting for AFRIPRUD
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 11:06am On May 02, 2023
yMcy56:

Lol. grin
Peter wey don port since......
Na UBA dividend he come dey show us. grin
On a serious note, I want to appreciate you for your effort on this platform. One of your post drew my attention once again to transcorp about 3 weeks ago and I quickly bought at 147k and sold two fridays ago @ 2.95k.

I had earlier bought 10m units of transcorp at 95k a year ago but sold 6 months after when it is tying down my investment. But when I saw your posts where you highlighted the large volumes of transcorp bought and ask when we will start taking transcorp seriously, I quickly picked 3m units and you know me, I quickly sold when the door is still wide.

14 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 11:21am On May 02, 2023
Please has anyone using meristem successfully logged into their trading platform today?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:33am On May 02, 2023
kolaish:
On a serious note, I want to appreciate you for your effort on this platform. One of your post drew my attention once again to transcorp about 3 weeks ago and I quickly bought at 147k and sold two fridays ago @ 2.95k.

I had earlier bought 10m units of transcorp at 95k a year ago but sold 6 months after when it is tying down my investment. But when I saw your posts where you highlighted the large volumes of transcorp bought and ask when we will start taking transcorp seriously, I quickly picked 3m units and you know me, I quickly sold when the door is still wide.
Boss thanks for your sincerity.

Happy those "North and South" made money for you.......and your post made the noise making worth the while here. grin
Its mostly about decoding and risk taking when such unsual tradings are observed in the market.

10 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Ajibade123(m): 11:33am On May 02, 2023
please guys recommend good brokers for me
trove is becoming unreliable

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yeddy99: 11:36am On May 02, 2023
yMcy56:
ACCESS
Looks like Wigwe don't want to take any chances at all.......the fear of Otebaba is the beginning of mopping & increasing shareholding...... grin

Market situation as at now attached.....
80M bids against 16M offers...


NAHCO
- Now @13 officially......
madam, please is this morgan platform? mine always shows blank page on bid and offer portal.
Re: Nigerian Stock Exchange Market Pick Alerts by Ajibade123(m): 11:38am On May 02, 2023
yMcy56:
ACCESS
Looks like Wigwe don't want to take any chances at all.......the fear of Otebaba is the beginning of mopping & increasing shareholding...... grin

Market situation as at now attached.....
80M bids against 16M offers...


NAHCO
- Now @13 officially......
I have been trying to buy Trove is just doing rubbish since morning
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:44am On May 02, 2023
yeddy99:
madam, please is this morgan platform? mine always shows blank page on bid and offer portal.
Yes. Morgan Capital.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Dum20: 11:45am On May 02, 2023
ojeysky:
Please has anyone using meristem successfully logged into their trading platform today?

I have not been able to log in too.

They are having problems with their portal.

If urgent you can send your mandate by email
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 11:45am On May 02, 2023
yeddy99:

madam, please is this morgan platform? mine always shows blank page on bid and offer portal.
Yes.. that is Morgan capital.
You have to click the arrow on a stock, then click price for you to see as the picture

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yeddy99: 12:22pm On May 02, 2023
Mfunkynation:

Yes.. that is Morgan capital.
You have to click the arrow on a stock, then click price for you to see as the picture
thank you.
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 12:57pm On May 02, 2023
Princkez:
ZENITHBANK dividend has dropped.....waiting for AFRIPRUD
Maybe dem dey post am alphabetically, some of us never see alert oh.
Re: Nigerian Stock Exchange Market Pick Alerts by drotba(m): 12:59pm On May 02, 2023
ojeysky:
Please has anyone using meristem successfully logged into their trading platform today?

No oo.

Meristem is something else recently.
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 1:05pm On May 02, 2023
Please is it possible that WAPCO made a mistake of not deducting WHT from their dividend payouts? If it's not a error, please can someone help with any document that throws more light on why WHT may not be deducted from dividend? 🤲🤲
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:19pm On May 02, 2023
9free:

Maybe dem dey post am alphabetically, some of us never see alert oh.

The heavy ones will come later cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:25pm On May 02, 2023
kolaish:

peterichy grin
I've been talk am say as Peter don but mouth transcorp upward movement fit ... grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:41pm On May 02, 2023
E Ku Market o. smiley

Its true the market can be very unpredictable.....

Some expected bear after dividend declaration but na bull we still dey see for market o.

ZENITH arrived KM23 and still climbing.....now @23.50..
GTCO opened @22.05 and sighted @22.70....
STERLING sighted @1.70!! Pastor Vee hope you were able to pick below 1.50....
NB ....Quite a lot of attention.....

ACCESS....Much volume in crossings and trading.......over 117M as at now..... E suppose don reach 11 but those guys are suppressing the share price, guess they won't allow it move until they're done loading.......128M .....134M....
* These are the kind of activities SEC needs to oversee and look into.....the offer did not exceed 20M since.marlet opens, yet they were crossing it at their preferred junction*
Re: Nigerian Stock Exchange Market Pick Alerts by slimmaintenance(m): 2:05pm On May 02, 2023
Ajibade123:
please guys recommend good brokers for me
trove is becoming unreliable

SecuritiesAfrica Financial Ltd
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:06pm On May 02, 2023
Ginalex:
Please is it possible that WAPCO made a mistake of not deducting WHT from their dividend payouts? If it's not a error, please can someone help with any document that throws more light on why WHT may not be deducted from dividend? 🤲🤲

No... , dividends paid out of profits exempted from income tax are not subject to withholding tax, and if you check WAPCO 2022 audited report on page 65 you will see that company income tax is 0.

Check d finance act for further detail here:

https://www.budgetoffice.gov.ng/index.php/resources/internal-resources/budget-documents/2022-budget/finance-act-2021

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by EduC(m): 2:23pm On May 02, 2023
Good day, please I am yet to receive my UBA dividend and my account is mandated to receive it electronically. Any number to call? Thank you...
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:39pm On May 02, 2023
Ekuu mkt o

grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:47pm On May 02, 2023
onegentleguy:
So we added to our bag of INTERNATIONAL BREWERIES today.
...it's the 1st of a 5-batch structured entry trade set-up, so we've still got 4 more to go!

Only challenge is the tiny traded volume so far.
It appears some "handlers" have been engineering some crossing on the coys buy/sell trade book to suite ... wink cheesy cool
But hey, we love it!
I can never turn a blind eye to an opportunity to acquire a coy (like this) for a price equivalent to getting it for gratis... because some persons could not see the VALUE in it.
...for doing that would be tantamount to ignoring WAPCO @ N9, NEIMETH @ 38k, WEMA BANK @ 56k, UACN @ N4.5, PZ @ N4, NAHCO @ N3+, DS @ N11+, GUINNESS @ N15, UNILEVER @ N10+, TRANSCORP @ <90k, CHAMS @ 20k etc... when in a similar fashion, some folks could not infer any value in them and quite possibly avoided them like a plaque.

We hope to acquire more afolabi unit of INTERBREW as price drops.
TA shouldn't come and halt things for us pls. It has to drop oo!
We shall keep buying and where necessary, adjust our entry trade set-up to accommodate much more unit until price drops to maybe 20k. wink cheesy grin

And then we would allow Mr TIME to take care of matters.
It is well.

Got us some more INTEBREW @ the day low of N4.3 & 4.35 today.
...the 2nd of our 5-batch structured entry trade set-up, but not enough to complete the target. (we need to accumulate a bit more)
So technically, we still have 4 more batch to go.

Like the last time, only problem is the relatively low vol available for exchange at our target peg.
Not much difference in AEP btw our 1st & 2nd batch... so it appears some folks are afraid to sell. wink cheesy cool

We wait again at below 10% (or a peg we perceive appropriate looking at the pattern of the coys trade book) tomorrow to load more.
As I said before; we shall continue to load more until... wink cheesy cool

TA should not come and spoil things for us... price has to drop.
You people should sell this INTERBREW I beg of you. ...it's fundamentally unhealthy. wink cheesy grin
Pls kindly sell more... and I mean it!

Btw, CHAMS tried to close shop today.

It is well

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 2:54pm On May 02, 2023
EduC:
Good day, please I am yet to receive my UBA dividend and my account is mandated to receive it electronically. Any number to call? Thank you...
Follow-up on your stockbroker who will follow up on the registrar
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:56pm On May 02, 2023
currentprice:


NAHCO may be next vitaform thing if there is no Covid again. Fv @ 13 could get better base on future performance +/-
grin grin grin grin


currentprice:


Nahco pullback is a grave robber opportunity, nacho chart speaks volume fundamentally sound too

grin grin grin

Nahco reach the stop we see today.

welldone for those who join to make d money

....and again there is this one small ogboge company that begin showing a light green flag on my bedsheet.. can this turn to full green flag? analysis continue. still searching for this year stock that will surprise the market.

fingers crossed

grin grin grin grin

21 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 3:08pm On May 02, 2023
ositadima1:


No... , dividends paid out of profits exempted from income tax are not subject to withholding tax, and if you check WAPCO 2022 audited report on page 65 you will see that company income tax is 0.

Check d finance act for further detail here:

https://www.budgetoffice.gov.ng/index.php/resources/internal-resources/budget-documents/2022-budget/finance-act-2021
this was very helpful. Thank you so much boss🙌🙌

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Frangel: 3:38pm On May 02, 2023
It was not a mistake. Was the same last year. It's distributed from profits made when they enjoyed pioneer status from the FG. That is a period the government grants tax holidays to qualifying companies that apply. It's for a given period, as an incentive or for protection. Profits made during the period are not subject to tax.

PS: In the announcement, it's stated to be payable from the Pioneer Reserve.
Ginalex:
Please is it possible that WAPCO made a mistake of not deducting WHT from their dividend payouts? If it's not a error, please can someone help with any document that throws more light on why WHT may not be deducted from dividend? 🤲🤲

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:41pm On May 02, 2023
onegentleguy:


Welcome to the NGX !! wink cheesy grin
A case of a man's wish, the devil and a long spoon.

Congratulations to those who sold at N3 and above!
Let's hope another round of opportunity will surface in no time. wink cheesy cool
It is well

Yet another OFF MARKET deal in TRANSCORP.

A total of 131,897,297 units of TRANSNATIONAL CORPORATION PLC were done as OFF MARKET trade today May 2, 2023 at N3.12 in one deal.

The transaction was a negotiated deal with UNITED CAPITAL SECURITIES LIMITED as BUYER and APT SECURITIES & FUNDS LTD as SELLER.

shocked cool

It is well

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Ajibade123(m): 3:51pm On May 02, 2023
slimmaintenance:


SecuritiesAfrica Financial Ltd
I hope their charge is not very much
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 3:53pm On May 02, 2023
Ajibade123:
I hope their charge is not very much
Use Morgan capital securities

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