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Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 8:18am On Sep 09, 2014
I created this thread for investors looking for the best performing Nigerian stocks invest or buy 2020 in the Nigeria Stock Market especially those interested in buying hundreds of thousands of units of a penny stock or high cap and are looking for 10-20% return in weeks.

See Here - Best Stocks to Buy and Hold In Nigeria in 2020 Based on Economic Trend - https://nigerianstockstobuy.com/best-nigeria-stocks-buy-2020/


For Penny Stocks Recommendations, Click here - http://nigerianstockstobuy.com/best-penny-stocks-buy-nigerian-stock-market/

The Nigeria stock market has had a rough year, with the NSE Index, in particular, shedding nearly 14% so far.  While most of the key sectoral indices are down by double-digits - NSE Banking Index (-10.53%), NSE Insurance (-5.79%), NSE Consumer Index (-26.42%), NSE Oil and Gas (-22.59%), and NSE Industrial Index (-13.63%) - some stocks have also delivered more value to shareholders that held on through the market uncertainties. For instance,  Cornerstone insurance has appreciated by 215%, Chams' stock is up by 85%, BOCGAS is up by 52.31%, AccessBank has done 36.03%, Jaiz Bank's stock price increased by 32%, Caverton made shareholders 30.21% richer, Union Bank gained 25%, while Wema bank and AIICO did 11.11& and 17.46% respectively.  When you match these performances with the latest rally, you would agree with me that there’s plenty for investors to be thankful for this holiday season.

We are just weeks away from the year-end, so it's normal for everyone's return to reset to zero as 2020 kicks off. As such, it's common to see questions like, which Nigeria stock will deliver in 2020?. While momentum sometimes continues for some of the stocks that performed in 2019, the market will definitely switch focus to sectors that may benefit from regulatory policies. With that in mind, I would like to summarize some of the key events that will drive the market in 2020.

The increased in loan to deposit ratio to 65% is expected to drive private-sector lending and consumer credit.
The complete restriction of local investors from the OMO market, which has switched interest to the Treasury bill hence pushed the yield to a low level last seen in 2016, might attract more customer deposit in form of term deposit.
The border closure in August 2019 might add to inflationary pressure and at the same increase demand for local products.
The passage of Finance bill and accompanied 50% VAT increase to 7.5%
Best Stocks to Buy and Hold in 2020 - My Recommendations
Based on these economic events, here are my personal stock picks for next year and why I think they could add more value to shareholders that key into them right now:

Access Bank
Banks make their money from the interest they charge customers on lending,  fees and commission and investments in financial instruments. While all are great, the money generated from the loan is considered a core income and if anything goes wrong with this line of business,  it may flash a red sign which is why they are mandated to provide for the impaired loan. Of all the Tier 1 banks, Access Bank has demonstrated its capacity to generate more returns in the retail lending space; going by its quarterly results, up to September 2019.  While most of the banks delivered marginal and lower returns on their interest income amid lower yield, Access grew its net interest income by 34.6%, 92.8% and 74% in its first quarter, half-year and 9-months unaudited reports. Overall its 9-month profit is up by 44.1%. So, you shouldn't be surprised that the bank was investors' toast this year.

Click Here to Read More on Nigerian Stocks to Buy In 2020

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Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 8:43am On Sep 09, 2014
I a placing a close watch on Custodian and Allied Insurance plc.
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by uzoboy86yahoo(m): 6:54pm On Sep 09, 2014
ogadenny y
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by davids202(m): 11:26am On Sep 14, 2014
Keep ur thread alive!
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by olushollys(m): 4:35pm On Sep 14, 2014
nice one! following
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 6:26pm On Sep 14, 2014
Transcorp plc is the best penny stocks with greatest potential for growth in d longterm:

Reason for my pick: Ugheli Power Plant, new contract for d construction of transcorp hotel in lagos and PH, Oil sector contribution and diversification of agric business. Longterm potential is high

2 Likes

Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by dillion83(m): 11:35am On Sep 15, 2014
HW CAN ONE INVEST IN PENNY STOCK AND WHAT OPPORTUNITY IS AVAILABLE NOW IN PENNY STOCK INVESTMENT

2 Likes

Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by chukyjones(m): 2:01pm On Sep 15, 2014
i just wish the OP can keep this thread alive with useful infos regularly...
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 5:29pm On Sep 16, 2014
Here are tips to pick great penny stocks to buy in NSE market:

Look for penny stock with consistent sales growth history.

Make sure net profit margin growth is also in line with sales growth (10pcnt)

Make sure they are also growing in cash by comparing trends in current ratio and operational earnings

Choose a penny stock with low debt to capital below 0.5. Avoid companies that are highly exposed to interest rate risk.

Make sure their share price is growing in line with their fundamentals ( 20pcnt in d last 1yr)

Buy this penny stock and allow your investment to run for atleast 1yr - 5yrs
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by magictouch: 11:35am On Sep 18, 2014
Following too. looking for good stocks to buy for a short term investment
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 10:43am On Sep 19, 2014
Use these tips to find one
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by perewesley(m): 8:41pm On Sep 19, 2014
wanna buy penny stocks? buy IKEJA HOTEL...from 70k to 2.15k in 3 weeks
still with an immense upside potential.
also with an eps of 83k per share...believe me for a N2 stock..thats pretty impressive.

Dont quote me but I see ikeja hotel rising to 4naira by November.

Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 4:37pm On Sep 20, 2014
What's d key driver of Ikeja Hotel?
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by JomoGbomo2(m): 1:30am On Sep 22, 2014
Wolves of Broad Street

1 Like

Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by jamace(m): 2:19am On Sep 22, 2014
JomoGbomo2: Wolves of Broad Street
grin
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 5:35am On Sep 24, 2014
What's driving d price of Ikeja Hotel Shares
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by hiphensales: 7:31am On Sep 26, 2014
perewesley: wanna buy penny stocks? buy IKEJA HOTEL...from 70k to 2.15k in 3 weeks
still with an immense upside potential.
also with an eps of 83k per share...believe me for a N2 stock..thats pretty impressive.

Dont quote me but I see ikeja hotel rising to 4naira by November.


@Perewesley, which Stock Analysis Software do you use. I am really interest in having one.
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 8:32am On Sep 26, 2014
Financial times stock screener
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 8:33am On Sep 26, 2014
Custodian and Allied Insurance shares has boken its 52-weeks high, buy now!

Eternal Oil is also a good buy for a confirmed 12month ride.
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by carpenter(m): 8:45am On Sep 27, 2014
1. Best penny stock I bought was transcorp @50k 50,000 units
2. Worst penny stock I bought was Beco @ an avearge of 1.21k (bought at several times) 50,000 units

You would hope you turn out a winner in the end but there are no guaranties...

It is always about the price and I have learnt 50k is usually a good one as long as the company doesn't go into extinction. The stock has no where to go but up but you've got to have a lot of patience....this is the real Surulere

3 Likes

Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 4:27pm On Sep 27, 2014
I can imagine ur profit level
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by moyin2009: 9:19pm On Sep 28, 2014
Ops, thanks for this thread please keep it alive. following you.
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by moyin2009: 9:22pm On Sep 28, 2014
carpenter: 1. Best penny stock I bought was transcorp @50k 50,000 units
2. Worst penny stock I bought was Beco @ an avearge of 1.21k (bought at several times) 50,000 units

You would hope you turn out a winner in the end but there are no guaranties...

It is always about the price and I have learnt 50k is usually a good one as long as the company doesn't go into extinction. The stock has no where to go but up but you've got to have a lot of patience....this is the real Surulere


Good insight. and do a research about dividend payment of the company
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by carpenter(m): 4:11pm On Sep 29, 2014
moyin2009: Good insight. and do a research about dividend payment of the company

I think it was more about patience, I could have sold at several times but I decided not to, could have bought more too but could not take the risk of overleveraging myself. Also bought Livestock feeds @50k close to 200,000 units but sold all around 1.00 because I got cold feet. Wema also @50k sold at about 90k or so averagely. So there is an element of luck in all these and Beco!!!...i hate that stock but am not gonna sell till i can get my money back, doubt if anyone wants to buy it @50k sef. Just remembered CHAMS and ASOSAVINGS have been staring at me for about two years @50k grin dem no gree move to where dem suppose dey...

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Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by joseph1013: 9:43am On Oct 01, 2014

Is anybody looking at Champions? From what I've studied, it makes sense.
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by joseph1013: 9:48am On Oct 01, 2014

Let's keep this thread alive...abeg

So much money to be made in this house.

Only the informed will profit from these windfalls.
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by carpenter(m): 2:47pm On Oct 01, 2014
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by joseph1013: 3:36pm On Oct 01, 2014
carpenter: Here is a nice read, enjoy

http://money.cnn.com/2014/09/30/investing/investing-secrets-wealthy/index.html?iid=HP_River



Great advice for all. Thanks.

Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by ogedanny: 6:12pm On Oct 01, 2014
r there potential in FTN Cocoa?
Re: Nigerian Stocks To Buy - 2020 Best Performing Stocks by joseph1013: 8:24pm On Oct 01, 2014
ogedanny: r there potential in FTN Cocoa?

Not for the immediate short term if I may contribute.

1 Like

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