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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:20am On May 30, 2020
Godisfaithful:


Rabbi Oracle, please transfer the N1 Million to my account naah, please jejebaba no need the money grin
Please help my ministry lol

You no even consider me wey never see 40,000 units of Zenith first?
Greed is real! grin grin
If na me Dem ask to produce and sell that amount of Zee, you know which hospital's ICU I for enter now?

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:03am On May 30, 2020
Tvegas:

You like to drag sha. When will NAHCO sell for N5?

6 months?
1 year?
2 years?

Put a timeframe and lets watch together. Stock recommendations without a timeframe is at best Fraudulent and mischievous.

cheesy cheesy grin

No be me talk am this time ooo... grin

I will frame this post for CONTINOUS FUTURE reference.

No matter the order of Runge Kutta deployed in data crunching, IF ANYBODY, I repeat, ANYBODY INCLUDING MYSELF give you an extrapolation in an imaginary time dormain, FLEE and make sure you flee VERY FAR... grin

Why? You can't enter a BROKEN DOWN MOLUE at Ojota because the driver has promised you it must reach SOKOTO. Then, after ALL other passengers in other buses have done like 5 trips to SOKOTO and back, your driver end up reaching SOKOTO in THE FUTURE, and start boasting he told you that you will reach SOKOTO.... grin

When you are at the bus stop, inspect the vehicle very very well, call the mechanics aside, buy them better Isiewu with GUINNESS EXTRA SMOOTH and whisper in their ears, IS THAT ENGINE SOUND? You may be surprised to hear that the mechanic is waiting for the arrival of the vehicle's top gasket.... angry

12 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 8:58am On May 30, 2020
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8 Likes 4 Shares

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 7:19pm On May 29, 2020
I still have some Caverton that I bought at N1.78, but I still say N2 and below is only separated by time!... angry
Can't deceive myself.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 7:16pm On May 29, 2020
Mcy56:
@Peterichy
Caverton was up with 18kobo today to close at 2.58.
About 7M bids chasing 1M offers or thereabout.
Hope you and those bad-mouthing the stock were able to pick some units at 2.35 or you're still waiting at N1 junction. tongue
Like I said, Mr. Market will do what Mr. Market will do. wink

So the Management is also doing same with their business guidance? grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 4:39pm On May 29, 2020
RabbiDoracle:


From the low (20651) in March 2020 to the close today (25267), this is a 22.35% rise.

This is the bull!

Bull can bring Bullshit.... grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 4:04pm On May 29, 2020
RabbiDoracle:
France (CAC) is almost breaking the cloud. France is in recession o.

Israel is about to break the cloud.

Saudi (Tadawul) about to break the cloud.

Once the plane breaks the cloud, wetin concern am to enter cloud again.

Na liquidity dey drive the market.

These are unrelated markets to NSE, yet they show the same pattern.

Follow the pattern! grin grin

One director no dey look chart ooo. He just dey buy dey go.
He will still buy next week. Na the broker dey insist on looking at chart for him... grin
His funds are there to buy more... grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:34pm On May 29, 2020
locodemy:
So I am among those to buy fcmb lesser than 1.80 today?

I thought I was drunk?

Loco, SECOND WAVE of Corona Virus is coming in the form of shaking off weak hands.. grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:31pm On May 29, 2020
Oracle threw a challenge here that had far reaching implications.
He summarized by coming out boldly to say he will STATE THE TIMEFRAME for the realisation if the projected prices.. grin

Think deep about this.

When will Guiness hit N15? undecided
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:28pm On May 29, 2020
Harvestock01:


The parent company of Guinness Nigeria is heavy on cash and they seem to be making some moves. Guinness, Guinness, Guinness. How many times have I called you?

When your brokers suddenly start loving you more than his commissions, FLEE.. grin

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:16pm On May 29, 2020
veecovee:


grin soteee him don dey overtake peter 4 meme levels

Until you buy NB at N23 with money you SOLD IN JANUARY, you won't understand.... grin grin grin

Looking for where to buy future forgiveness.... grin

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:59pm On May 29, 2020
All you need to succeed is COMMON SENSE and STUDIED PATIENCE.

NO ONE trades NSE1 and another NSE2.
We ALL buy from the same set of stocks.... grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:55pm On May 29, 2020
RabbiDoracle:


Bro, community no good na Ndi nze dey chop o. grin grin

Stock market dey low na 'Ndi Nze' dey chop o. grin




Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:50am On May 29, 2020
IYGEAL:


No one was privy to the recently released result. If they were, how come money bags were mopping up at klm 20?

Well, except if they were, in which case they are. lipsrsealed

Did Unilever release any great result? grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:40am On May 29, 2020
IYGEAL:
UACN in half-hearted full offer

Una no go kill me for here grin grin grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:29am On May 29, 2020
IYGEAL:
Morgan isn't connected to the NSE right now.

For a second, I thought "Nigeria and Public Holidays", not knowing it's problem.


grin grin grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:22am On May 29, 2020
GUINNESS NIGERIA PLC

Poor operating performance; downgrade to Sell

In its recently released 9M 2020 results, Guinness Nigeria (Guinness) reported a 5.3% y/y decline in Revenue to N96.0bn from N101.4bn in 9M 2019. On q/q basis, Revenue d eclined 33.2% to N27.7bn in Q3 2020 (Jan - Mar 2020) from N41.4bn in Q2 2020. Pressured by higher excise as well as closure of on-trade channels in the final week of the quarter, the compans performance in Q3 2020 (historically one of the best quarters for Guinness) was weak with Q3 2020 Revenue and Net Income declining 17.6% and 97.2% respectively when compared with Q3 2019.

We cut our Revenue forecast for the rest of the year as on-trade channels remained shut for the first 5 weeks of Q4 2020 (Apr - Jun 2020) while ceremonial activities remain banned in many states in the country. Furthermore, while we expect lower barley price would provide some support to Gross Profit, we expect Opex and Finance cost to remain significant pressure points in Q4. We forecast a loss in the final quarter of the year which would pressure FY 2020e Net Income lower.

We cut our target price for Guinness Nigeria to N15.08/s from N32.12/s previousl y which implies a 21.5% downside to Wednesdays closing price of N19.20/s. Thus, we downgrade our recommendation to a SELL from HOLD. We have revised down our profit lines steeply and lower pricing multiples in our relative valuation models given the companys poor operating performance relative to peers. We arrive at our target price using a combination of the single stage FCFF model and Relative valuation in the ratio 60:40 with the greater weighting on the FCFF methodology.

COPIED/CSL.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 8:41am On May 29, 2020
DrAwo:
For those in the Vitafoam bus, enjoy your loot...

The company seems to be enjoying a breakout year. The question you need to ask yourself is "why is vitafoam flying and how sustainable is it?"

Q1 saw EPS double year on year. Q2 also did the same. A closer look at the numbers however show reduced revenue in both quarters so the company didn't make more sales but is making higher profits...

Cost of sales declined significantly in both q1 and Q2 2020 as compared with 2019. Looking as the notes to the financial statements show that their raw materials were bought cheaper year on year.

A Google search shows polyurethane (derived from crude oil) as a major raw material in foam production. So you see where this is going - the massive drop crude oil price was a big blessing for vitafoam...

Expect a good q3 too as crude oil prices are still down year on year but don't expect the party to continue forever. Oil prices are rebounding.

Dont be the one holding the empty cup when the music stops....


Posts like this are now like obtaining A PATENT....... grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 8:34am On May 29, 2020
Janet sinks with pride! cry
Searching for a black cat in the darkness takes more than moving around with a bucket of white paint. undecided
No healthy adult moves around with his mother carrying pampers for him.... cry
Run and hit is ALWAYS better than Hit and run.... grin

Who released this flood of money I am seeing advancing like locusts, Choi.
JAPAUL, thy bride approaches, but thy pregnancy shall result in a stillbirth... grin

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:32pm On May 28, 2020
Mcy56:

This Burundi Bull is really intoxicating you.
Just don't forget to pay your tithe. grin

VCV no ready. He is wasting time on Peter. How do you take 10% tithe from another 10 percenters?. grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:29pm On May 28, 2020
Mcy56:

Hhmmm..........Origin from Burundi at work. tongue

Original Arthur G..... grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:27pm On May 28, 2020
grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:24pm On May 28, 2020
I don't do stock recommendations, but if I recommend any stock and it rises by 50% after two years, consider it a bad recommendation.... undecided

If you can recommend a maximum of five stocks and four EXCLUSIVELY do 50% within 3-6 months, it's a hit.

If I recommend the entire index e.g 10 stocks) ,... grin, and they do 50% after 2yrs, it's a VERY BAD CALL.... grin

Beware of recommendations that almost reflect the entire index... grin

Peterichy, (2.70 - 2.40)/2.7 expressed as a percentage has which ticker?

At which price are bargain hunters to strike?

I have (2.47 - 2.4)/2.47 expressed in percentage as my savings from yesterday.
Tomorrow is another day.... angry

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 3:53pm On May 28, 2020
When market starts misbehaving, Mcy56 will only be reporting Total bids and Total offers.
Your 10m units of Wapic on offer will be viewed as HEAVY OFFER, Bidders will hurriedly cancel their bids, even though Mcy56 herself will be in a position to forgo her breakfast and clear it.

I watched this scenario severally in AIICO before, common 5m offers at 75Kobo were seen as HUGE OFFERS. No one bothered to check the price. Buyers just equate DANGCEM with AIICO in their brains and you are OYO.. undecided

This is what illiquid stocks do to people who take things for granted during Burundi bulls... grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 3:36pm On May 28, 2020
In the stock market, the greatest sin that can't be forgiven is not that of a wrong entry or exit point, but the sin of squeezing yourself into ILLIQUIDITY!

When the disjointly staggered clusters of bids suddenly run dry for weeks on end, you understand the very deep pains of a frail old man that paid the handsome bride price for a virgin.... grin

6 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:52pm On May 27, 2020
gabscity:


Yeah... Even @Stcool has taken position.

Better late than never. I love his honesty by saying he has taken position.
It's like begging a woman. Most people feel it's a sign of weakness. But It's actually a sign you want to complete the days allocated to you on Earth, ask VCV for clarification. VCV will let you understand that even the holy book knows the extent of the fury of our ribs. A woman once eliminated an entire family of four including herself to punish her husband for cheating on her. He did not touch the man physically, not that she was not capable.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:39pm On May 27, 2020
veecovee:


embarassed I dey here sir, I no go keep quiet for this one

... wrong to flaunt such seductive pic in public

So my Boss VCV also get specifications.
Counselling this type need one week dry fasting oo... grin grin grin

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:42pm On May 27, 2020
fxuser:



update

- most prices generally hitting a monthly daily high (positve)
- all setting up for a very bullish monthly candle abv prev months (positive)
- dont get left behind in disbelief



Bear Bear gang right now.... undecided

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:40pm On May 27, 2020
ukay2:


So KM 25 is possible. .....

.

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:14pm On May 27, 2020
ukay2:



More highs coming from Burundi

JB shareholders right now... cheesy

6 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:01pm On May 27, 2020
stcool:
In this forum I have learnt to know my money mate...If I nolonger respond to your attack it means my money & your money no be mate!!!
So Rest grin

Your 100% portfolio profit after 6months could be 500k gain...while my 20% portfolio profit in 2 weeks could be +1M just saying

You can do the maths. Let's be guided... grin


See your mates down there. grin grin grin

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 3:38pm On May 27, 2020
PETERiCHY:
In 1982
N1000 is equivalent to $1463

In 2020
$1463 is equivalent to N675000

Life na turn by turn shocked

Peterichy, which stock has lost over 15% between Friday and today in this Burundi season? grin

4 Likes

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