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Nigerian Stock Exchange Market Pick Alerts - Investment (7315) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by austinkenneth: 7:00pm On Oct 23, 2023
Hogwarthtrades:




Got notified on friday and this morning FCMB and Zenith bank respectively.

Alert received for Access bank interim dividend

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by austinkenneth: 7:03pm On Oct 23, 2023
Kreos44:
Is there any word on the street regarding GSK?
If they have changed mind, they should tell us.

The GSK game is still on. Though not much talked about in this forum.
All you need tondo is to have a look at the cash on their balance to gauge what is coming.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 7:24pm On Oct 23, 2023
Locotrader good evening, you are doing well updating us with the results as it arrives! God bless you

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 7:25pm On Oct 23, 2023
https://doclib.ngxgroup.com/Financial_NewsDocs/39628_FCMB_GROUP_PLC-OUTCOME_OF_FCMB_GROUP_PLC_BOARD_OF_DIRECTORS'_MEETING__CORPORATE_ACTIONS_OCTOBER_2023.pdf

So Bank unaudited quarterly reports need CBN approval too, before release to NGX.
I expect FCMB BVPS to remain ahead of Fidelity's. And for FCMB EPS to catch up with Fidelity's
Re: Nigerian Stock Exchange Market Pick Alerts by Hedgefunds: 7:27pm On Oct 23, 2023
austinkenneth:


The GSK game is still on. Though not much talked about in this forum.
All you need tondo is to have a look at the cash on their balance to gauge what is coming.

Only cash...Why not look @ there Debt as well.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 7:41pm On Oct 23, 2023
I dont even know what to post again. Let me be reading.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 7:44pm On Oct 23, 2023
BabsO2:
https://doclib.ngxgroup.com/Financial_NewsDocs/39628_FCMB_GROUP_PLC-OUTCOME_OF_FCMB_GROUP_PLC_BOARD_OF_DIRECTORS'_MEETING__CORPORATE_ACTIONS_OCTOBER_2023.pdf

So Bank unaudited quarterly reports need CBN approval too, before release to NGX.
I expect FCMB BVPS to remain ahead of Fidelity's. And for FCMB EPS to catch up with Fidelity's
FCMB audits q3 resuts and might pay interim dividends. That should be the reason for the CBN approval.
For me, the CBN approval is not the problem. The problem is the lenght of time the said CBN takes to approve.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 7:59pm On Oct 23, 2023
Mpeace:
FCMB audits q3 resuts and might pay interim dividends. That should be the reason for the CBN approval.
For me, the CBN approval is not the problem. The problem is the lenght of time the said CBN takes to approve.

The letter mentioned audited in one paragraph and unaudited in the last. Perhaps a typo on the letter's last paragraph. It will be nice if they catch up to Fidelity in issuing interim dividend.
Re: Nigerian Stock Exchange Market Pick Alerts by NapoleonHill: 2:36am On Oct 24, 2023
Yoast:
We witnessed the price of GTB move from 22.75 (May 2, 2023) post-markdown to around 27 today (within 3 weeks) yet some people are still predicting doom and gloom on NSE this year.

Better join the moving train now because soon some people will start asking if GTB is a good buy at 32
grin
Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 6:39am On Oct 24, 2023
Mpeace:
The company also made Zero (0) revenue this year. In other words e neva sell anything since january.
I think the rise in the share price started even while the company was in coma. Dont be surprised to see the shares on bid tomorrow.
Wetin de move de company no be wetin our eyes fit see
.
That is the interesting Irony on NSE which discourages reliance on FA.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 6:41am On Oct 24, 2023
Willie2015:
. Dis Ftn Cocoa give me 50 percent profit sharperly... Wetin stocks with good fundamentals no gree give me...
Very true but ironical.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:07am On Oct 24, 2023
Deadlytruth:

That is the interesting Irony on NSE which discourages reliance on FA.
which discourages reliance on FA......continue
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 10:48am On Oct 24, 2023
Deadlytruth:

That is the interesting Irony on NSE which discourages reliance on FA.

FTNCOCOA bids more than offer right now. This life no just balance

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:17am On Oct 24, 2023
ositadima1:
Seconded, if one can get it at around 27.5 (still okay at CP), it will be a good deal. Since 2021, it has been bouncing between 27 something and 35 something, that is, more than a 25% gap. I don't see it breaking below 27 or staying below 27, given the economic realities. I am not buying it now, though, as I am already invested in another play. But if it gets to that 27, I may consider liquidating my position in that play... cheesy cheesy cheesy

@ogoo4real, I hope my blah blah blah convinced you to buy [Flourmill]. It's up 8%. cheesy
Nowadays, a 5% move is not small ooo, given the stagnant market.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:43am On Oct 24, 2023
Results should be pouring in by now but e be like say companies dey shame to release their results these days.
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 11:45am On Oct 24, 2023

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 11:46am On Oct 24, 2023

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 11:47am On Oct 24, 2023
ositadima1:


@ogoo4real, I hope my blah blah blah convinced you to buy [Flourmill]. It's up 8%. cheesy
Nowadays, a 5% move is not small ooo, given the stagnant market.

Full bid now
Re: Nigerian Stock Exchange Market Pick Alerts by lasisi(m): 1:14pm On Oct 24, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:16pm On Oct 24, 2023
OBAGADAFFI:
N0.48
Interesting!
Warning for those buying Wapic above 0.65k as well.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 1:22pm On Oct 24, 2023
GTB Q3 Result is Out.
Profit After Tax: N367 Billion
Earnings Per Share: N12.98
Current Stock Price: N35
Book Value: N44
Recommendation: ??



vacanci:
GTB on time this time around

https://doclib.ngxgroup.com/Financial_NewsDocs/39636_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dapix: 1:27pm On Oct 24, 2023
jideflash:
GTB Q3 Result is Out.
Profit After Tax: N367 Billion
Earnings Per Share: N12.98
Current Stock Price: N35
Book Value: N44
Recommendation: ??




Recommendation- Keep watching till January 2024 grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 1:35pm On Oct 24, 2023
After 6months WAIT for GENERATIONAL low grin grin grin

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:50pm On Oct 24, 2023
PETERiCHY:
After 6months WAIT for GENERATIONAL low grin grin grin

If World War III starts now, some people will rush to argue that their Oracle foresaw the whole thing, lol.

The market is complex, and just looking at foreign charts to decipher what is likely to happen in Nigeria is not enough without analyzing the local climate.

It's been more than six months, and the dollar still hasn't collapsed. The USA has not yet printed itself to oblivion.

Ok nah, continue. grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:11pm On Oct 24, 2023
PETERiCHY:
UBA COMFORTABLY sitting on the #19 SPOT.

Meanwhile on or before next week Friday we are CRUSHING the #20 BARRIER. cool

BARGAIN HUNTERS TAKE NOTE!

Few units of UBA available @#19.80
ENJOY the OFFER while stock LAST. cool

BARGAIN HUNTERS TAKE NOTE!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:14pm On Oct 24, 2023
ositadima1:


If World War III starts now, some people will rush to argue that their Oracle foresaw the whole thing, lol.

The market is complex, and just looking at foreign charts to decipher what is likely to happen in Nigeria is not enough without analyzing the local climate.

It's been more than six months, and the dollar still hasn't collapsed. The USA has not yet printed itself to oblivion.

Ok nah, continue. grin

Looks like the dollar collapse forecast is several years old. Even, despite the recent BRICS actions, the dollar seem to just be getting stronger. Predicting the future is not easy. I guess that's one of the reasons investors are advised to use some form of Asset Allocation to hedge against any unfolding scenario.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:29pm On Oct 24, 2023
In another news steady offers and accumulations of OANDO ongoing in the price range of N8.95 and N9.00

Those accumulating taking a bet with their money on a turnaround or buyout at a price higher than N7.

And those selling perhaps taking a profit after accumulating at N5.00 and below. And perhaps some longer term major holders selling off some units to balance their portfolio risk in the event of the company ceasing to be a going concern in the worst case scenario.

As more results and information become available, Mr Market will make its judgement in coming months.
Re: Nigerian Stock Exchange Market Pick Alerts by NapoleonHill: 3:11pm On Oct 24, 2023
Mpeace:
The company also made Zero (0) revenue this year. In other words e neva sell anything since january.
I think the rise in the share price started even while the company was in coma. Dont be surprised to see the shares on bid tomorrow.
Wetin de move de company no be wetin our eyes fit see.

Hahaha
Re: Nigerian Stock Exchange Market Pick Alerts by songus: 3:55pm On Oct 24, 2023
PETERiCHY:


Few units of UBA available @#19.80
ENJOY the OFFER while stock LAST. cool

BARGAIN HUNTERS TAKE NOTE!
Please which stockbroking Platform is this?
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:56pm On Oct 24, 2023
songus:
Please which stockbroking Platform is this?

Morgan Capital

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 4:05pm On Oct 24, 2023
PETERiCHY:


DANGOTE refinery will soon come on stream and their bankers will start to benefit.

So for your health sake leave kobo kobo stocks and join the latest corruptions . GTB. ZENTH. ACCESS & UBA. as we await their Q2 results cum interim dividend.

A WORD is enough for the WISE!

We gave the above CANDID advice on 25th MAY when UBA was still trading @ circa #8

Today UBA closed @#19.90k making it over 120% profit from the time we made the above post while LOCO is busy chasing winds grin grin grin

8 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 4:23pm On Oct 24, 2023

2 Likes

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