locodemy:


I discovered some didn't have up to 5m transactions yesterday but fall on the 10 10% category.Such stocks will go far if the bull continues.When Ftn cocoa started, it was doing below 5m daily transactions but on full bids.It has done 200% already and still counting.More are towing same footsteps

locodemy:


I discovered some didn't have up to 5m transactions yesterday but fall on the 10 10% category.Such stocks will go far if the bull continues.When Ftn cocoa started, it was doing below 5m daily transactions but on full bids.It has done 200% already and still counting.More are towing same footsteps

emmanuelewumi:




Liquidity of a stock is different from capital appreciation of a stock.

It is the liquidity that determines the acceptability of a stock as a collateral security.


I only advise that one should not put substantial funds into illiquid stock.


The N5 million i quoted for yesterday's transaction was because of the volume of funds that entered the market yesterday,

Ideally any stock that does less than an average of N20 million worth of transaction per week for at least 80% of trading days in the last 52 weeks is illiquid.

Pray you don't get stucked in an illiquid stock.


The stock can be in the market for months and years without an offer

BabsO2:


Total transaction on FTN Cocoa this month is N23million. For one doing small few thousands trading operations fair. But if the operations is millions naira worth, not much can be made, rather one risk getting stuck at time of exit. I have FTNCOCOA bought a long time back.

onegentleguy:

When you see the price of ETI @ N12+, you'll know the likes of ACCESS and especially UBA are currently given out a BONANZA!
...for a discerning investor, the price they can pay now is quite disproportionate to the VALUE they can get.
Even @ a 40-55% premium to CMP, you can still sleep very well having peace of mind!

moneymanager:


@RabbiDoracle, I guess the others were right this time around. No judgement. I too didn’t jump in

emmanuelewumi:



Everyone is right, stocks on NGX are dirt cheap and most stocks can still do 25% in order to get to their intrinsic value.


Market sentiments, interest rates, happenings in global economy can still make stocks on NGX to lose


But on the long run market logic will always overtake market sentiment.


Iñ the market, we have price and we have value. Ability to identify difference between price and value, and then use it to ones benefits is the key to a long term success in the stock market.


Surprised, those who sold GTB at N20 are now ready to buy at N30. No be juju be dat

Agbalowomeri:

Abeg use another example Make dem push GTB to above 40 biko.

locodemy:


I discovered some didn't have up to 5m transactions yesterday but fall on the 10 10% category.Such stocks will go far if the bull continues.When Ftn cocoa started, it was doing below 5m daily transactions but on full bids.It has done 200% already and still counting.More are towing same footsteps

Mfunkynation:

Chai Uncle...
You said you need GTB at 30, but now you don adjust your goal post ni..

EDUECO:
If you're a newbie in the stock market , always buy shares based on good dividend payment by the company.

If a company has not been paying dividend consistently for the past 10 years, don't buy it.

In the long run,consistent payment of dividend is a sign of a well managed company.

emmanuelewumi:



Dividend growth in the last 5 to 10 years is also important

ositadima1:


So

YoungBuffet:
Pls hold your stocks ooo
GTB to 79
Zenith 66
Access 59
Uba 50
Fidelity 35
Fcmb 25
MTN 560
Flourmi 75
Sterling bank 25
DSR 75
Nascon 60
Nestle 5,000
Ftn 30
Dangcem 650

I will update later.

YoungBuffet:
Pls hold your stocks ooo
GTB to 79
Zenith 66
Access 59
Uba 50
Fidelity 35
Fcmb 25
MTN 560
Flourmi 75
Sterling bank 25
DSR 75
Nascon 60
Nestle 5,000
Ftn 30
Dangcem 650

I will update later.

YoungBuffet:
Pls hold your stocks ooo
GTB to 79
Zenith 66
Access 59
Uba 50
Fidelity 35
Fcmb 25
MTN 560
Flourmi 75
Sterling bank 25
DSR 75
Nascon 60
Nestle 5,000
Ftn 30
Dangcem 650

I will update later.

emmanuelewumi:



Everyone is right, stocks on NGX are dirt cheap and most stocks can still do 25% in order to get to their intrinsic value.


Market sentiments, interest rates, happenings in global economy can still make stocks on NGX to lose


But on the long run market logic will always overtake market sentiment.


Iñ the market, we have price and we have value. Ability to identify difference between price and value, and then use it to ones benefits is the key to a long term success in the stock market.


Surprised, those who sold GTB at N20 are now ready to buy at N30. No be juju be dat

YoungBuffet:
Pls hold your stocks ooo
GTB to 79
Zenith 66
Access 59
Uba 50
Fidelity 35
Fcmb 25
MTN 560
Flourmi 75
Sterling bank 25
DSR 75
Nascon 60
Nestle 5,000
Ftn 30
Dangcem 650

I will update later.

Seunn11:


🤣🤣🤣
FBNH is conveniently missing on this your list.

emmanuelewumi:



Be careful, on what basis. I have the following intrinsic values using 5 years average EPS and 5 years average return on equity and then making provision for margin of safety


GTB 45
Zenith 42
Access 24
Uba 20
Fidelity 11
FCMB 9
MTN 320
FMN 43
Sterling 7
DSR 42
Nascon 21
Nestle 1500
Dang cement 330

debeey87:


Jeje with all this projections abeg.

locodemy:
The impact of subsidy removal in the stock market.
Imagine buying fuel at #235 on Monday afternoon, by the evening same fuel costs #500.
On Tuesday, there was a sharp rise in stocks.
My take is for this subsidy removal to work for a common man, the stock market where the common man is hopeful need to be on a steady rise for a period of time.
If Tinubu can do this, he is going to be better than Bubu who didn't allow his common citizens to have a breathe of life in his regime.

emmanuelewumi:



Be careful, on what basis. I have the following intrinsic values using 5 years average EPS and 5 years average return on equity and then making provision for margin of safety


GTB 45
Zenith 42
Access 24
Uba 20
Fidelity 11
FCMB 9
MTN 320
FMN 43
Sterling 7
DSR 42
Nascon 21
Nestle 1500
Dang cement 330

YoungBuffet:
Pls hold your stocks ooo
GTB to 79
Zenith 66
Access 59
Uba 50
Fidelity 35
Fcmb 25
MTN 560
Flourmi 75
Sterling bank 25
DSR 75
Nascon 60
Nestle 5,000
Ftn 30
Dangcem 650

I will update later.

YoungBuffet:


Sorry bro FBNH is 55

Streetinvestor2 :
You are perfectly in order. Infact you are to moderate in this figures. If mugu no fall how guy men wan take chop.And you know plenty guy men dey here