Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 7:11pm On Oct 28, 2024 |
Locotrader: General bull is fast coming. Everyone will be a winner . This will happen before Xmas. Amen! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 7:01pm On Oct 28, 2024 |
vacanci: make u dey calm down for excitement.
Ellah lakes closed today at N4.03 and not N4.38 that u screenshot. The highest price traded today was N4.14 and just very few deals
just be ready to load more at less than N3.50 as their q3 usual blank result is coming soon This Bamboo app dey give anyhow price... Where are they getting their price streams from? But I am not loading anything on that Ellah Lake. What I invested was about ₦150k and I might leave it there till 2031 when President Tinubu will be leaving office. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 6:05pm On Oct 28, 2024 |
My Ellah Lake is going after Okomu and Presco. At as today, it has done 110% ROI and at ₦6+, I should be 200% up.
Ellah Lake price movement seem stable and gradual. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 4:16pm On Oct 28, 2024*. Modified: 5:30pm On Oct 28, 2024 |
megawealth01: Seems you don load finish?  I never fit load to my satisfaction Oooo. I am praying it fall further. I prefer buying at a price lower than ₦600. I was lucky to get at ₦506 last week. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 3:51pm On Oct 28, 2024 |
I am convinced that Aradel will hit the ₦1,000 In a short time. The stock has real potentials |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 1:47pm On Oct 28, 2024 |
FBN Holdings Plc has opened a rights issue, offering 5.983 billion ordinary shares at 50k each to existing shareholders at N25 per share, in a bid to raise additional capital totaling N150 billion.
How will this affect FBNH share price? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 10:56am On Oct 28, 2024 |
Blaqq2: Pro's in the house lets say you technically have 100k per month to invest in stocks what strategy is best
buying multiple stocks and increasing them gradually each month or focus on a single stock per month? It will depend on your investment goals. Are you looking for long term growth or short term growth? Do you want dividends? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 9:28am On Oct 28, 2024 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 7:36pm On Oct 27, 2024*. Modified: 9:05am On Oct 28, 2024 |
Ginalex: Walahi talahi... You get it. cc @designking @ositadima1 My argument is not about staff welfare but the economy and businesses. My question is... Will businesses make more revenue post or pre salary increase? Let's look at my landlord... Before Salary increase, my rent was ₦3million per annum but recently he informed me that my new rent due in January is ₦4million. He cited the new minimum wage increase. So he just moved from ₦3m to ₦4m. I still insist that a Cadbury share price pre minimum wage increase will be higher post minimum wage increase if all other things remains constant. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 3:05pm On Oct 27, 2024 |
ositadima1: Let's be discussing with understanding. If the minimum wage was ₦30,000 and is now ₦70,000, consider how many federal and state government workers there are in Nigeria. Multiply those numbers and you'll see where these figures are coming from.
Now, everyone is talking about minimum wage, but do you realize some people's salaries will increase from ₦10 million to ₦14 million per year, while others will move from ₦4 million to ₦6 million, depending on their level?
I don't understand the arguments you and the other person are making. Even if they only add ₦1,000 to your salary, your purchasing power is now higher than before - at least you can afford an additional bottle of Hero beer.  May God infinitely bless you. I became confuse why @gina can't see this. Salaries have gone up 100%+ and she is saying it won't affect people's purchasing power. There will be more money in the economy and this money will also affect businesses positively. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 10:50am On Oct 27, 2024 |
Pesuzok: Are you sure you go to the market? You are focusing on the worker buying lesser items even with over 100% increase in their Salaries. What I am looking at is companies getting more cash volume from from sales. The additional ₦10trillion - ₦15trillion will end up in banks and also flow to companies as payment for goods and services, won't that have a positive outlook for stock prices? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 9:43am On Oct 27, 2024*. Modified: 9:42pm On Oct 31, 2024 |
I started buying Nigeria stocks after I discover this thread.
I have learnt a lot from the good, the bad and the ugly. I take every side of discuss very seriously here.
One thing I have personally realised is that to make good money on the NGX, one need to invest at least a million naira per stock on your portfolio. Some stock movement might not happen again in a lifetime.... When these big moves happens, it ought to set you up financially but if you invest little, the share price fantastic movement will only give you peanut.
I was reviewing my portfolio this morning, I realised that my Ellah Lake shares have done almost 100% ROI but Na just one bag of rice I can buy with that fantastic movement. I used only about 2% of my portfolio to purchase the Ellahlake.
I don't want to make that same mistake with Access Bank. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 10:35pm On Oct 26, 2024 |
Bagwa: 16 Nigerian Stocks to own in 2025 :
1, Julius berger plc: N164 / first half earnings: Turnover: N243b & net profit : N11.4b / e.p.s : N7.17/ p.e ratio : 22/ Target is N250
2, OANDo plc: Share price : N77 / 2023 earnings: / e.p.s :N6 / p.e ratio: 12.8/ Target is N200
3, Presco plc: N485 / First half Turnover: N88b & net profit N38.8b / e.p.s N 38.8 / p.e ratio: 12.5/ Target is N650
4, Custodian plc: N11.65 / First half earnings: Turnover: N60b & net income N22.1b / e.p.s N3.77 / p.e ratio: 3.09 /Target is N18
5, UACN plc: N20.2 / First half earnings: Turnover; N83b & net income N8.9b / e.p.s N3K.04 /p.e ratio: 6.7/ target is N35
6, Conoil plc: N176/ First half earnings: Turnover: N180b & net income N8b / e.p.s N11.56 / p.e ratio; 15/ Target: N250
7, Total plc: N673/ First half earnings; turnover: N529b & net income N20.5 b/ e.p.s : N60/ p.e: 11.2/ target is N1,000
8, Bua foods plc; N 394 / First half earnings: Turnover:N 672b & net income N130b / e.p.s :N 7.27 / p.e ratio: 54/ Target: N550
9, Geregu plc: N 1,150 / First half earnings: N80b & net income N20b & e.p.s : N8 / p.e ratio: 143/ target is N1,500
10, Zenith Bank PLC: N37.45/ First half earnings: Turnover: N2 trillion & net income: N577b / e.p.s : N18.40/ p.e ratio: 2/Target is N50
11, Gt Bank plc: share price:N50 / First half earnings; Turnover: N702b & net profit; N494b / e.p.s : N16 / p.e ratio : 3.12/Target is N60
12, UBA plc: Share price :N25 / First half earnings: Turnover; N1.3b & net profit ; N300b / e.p.s : N9 / p.e ratio: 2.7/target: N35
13, Aradel plc: Share price: N620/ First half earnings: Turnover: N268b & net profit: N104b / e.p.s : N24 / p.e ratio: 25/Target is N1,400
14, Fidelity bank plc: Share price: N13 / First half earnings: Turnover: & net profit : N159b / e.p.s : N4.9/ p.e Ratio : 2.6/Target is N25
15, Seplat plc: Share price; N5,200/ first half earnings: Turnover: $421m & net profit: N244b / e.p.s: N91.7 / p.e Ratio: 56/Target is N,6,000
16, Access bank PLC: Share price:N19/ First half earnings: Turnover: N2.2 trillion & net profit: N281b / e.p.s : N5.3. /p.e ratio : 3.5/Target: N35
( E.P.S: means earnings per share/ P.E ratio is price earnings ratio) ( If am to select 6 best; Julius berger, OANDo, fidelity bank, Presco, UACN, Zenith)
Thanks, David atta The list looks perfect except the Oando inclusion. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 9:41pm On Oct 26, 2024 |
Ginalex: is there an actual increase in buying power in real term? Your guess is as good as mine Yes for sure. Somebody earning ₦35,000 in September and his salary increased to ₦75,000 in October should be able to buy more food items. He simply have more funds and higher purchasing power. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 5:50pm On Oct 26, 2024 |
phadriz: I think it is too early to be too optimistic, so many factors need to be put into consideration e.g Budget, New Tax law, finance bill etc. People's earning capacity has been badly punctured which will affect listed companies products. If the economy trend continues in this manner, there might be unrest in the country, people will be looting warehouse for survival. At the basic level, the current minimum wage increase will mean more buying power for workers across the nation. This will increase the turnover of most FMCG and the banks. The new wage increase means an additional ₦4trillion from the FG, another ₦5trillion from state government and ₦10trillion from the private sector. This is a lot of money entering the economy |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 11:11pm On Oct 25, 2024 |
Be like say Na only bank stocks and other dividend paying stocks I wan dey buy now...
It looks better than keeping money in the bank. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 10:58pm On Oct 25, 2024 |
Which company did this Dividend come from? I just go the alert but don't know which stock brought the dividend.
Acct: ******198* Amt: NGN***,475.00 CR Desc: TRCLEARINGSERVICE ZIB/NEFTC//FRNL DIVIDEN Avail Bal: Date: 2024-10-25 10:53:42 PM |
Politics › Re: NNPC Commences Payment Of $6bn Debt To Suppliers by designking: 2:13pm On Oct 25, 2024 |
This is one reason the subsidy must be gone totally.
NNPC is too corrupt |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 2:11pm On Oct 25, 2024 |
sterlingD: The bank tire me sef. I am planning of removing it from my portfolio. jaizbank is just occupying space no movement or prospect |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 2:00pm On Oct 25, 2024 |
phadriz: I dey gbadun this UBA closing hour movement  What is the current price? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 10:45am On Oct 25, 2024 |
Access bank is going ballistic... What is fuelling this massive price appreciation? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 10:02am On Oct 25, 2024 |
My gaze is on Aradel. I would love to see a major price drop so that I can buy more |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 10:01am On Oct 25, 2024 |
The banking stocks remain the best due to the further layer of regulation done by the CBN. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 2:26pm On Oct 24, 2024*. Modified: 3:58pm On Oct 24, 2024 |
Aradel will profit greatly from this Oando suspension. It is a good thing SEC suspended Oando and send a warning to most companies that don't respect their rules.
Short term investors should stay clear of Oando cos Wale can even delay the suspension for the next 6months to 1year until the books are perfect to present to the public.
Oando don hang many Jijo investors XMas money 😄 |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 2:15pm On Oct 24, 2024 |
KarlTom: ACCESS on full bid  It shocked me. Access Bank has a lot of potential |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 1:11pm On Oct 24, 2024 |
Access Bank is doing fantastic numbers today. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 11:58am On Oct 24, 2024*. Modified: 1:21pm On Oct 24, 2024 |
I just bought my first ever Aradel shares now @₦506 per unit. Hopefully when it falls below ₦500, I will buy my major units. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 11:08pm On Oct 23, 2024 |
Wale can never change....let me go sell my small Oando shares left |
Celebrities › Re: Bobrisky Rushed To Hospital Amid Arrest Controversy by designking: 5:05pm On Oct 23, 2024 |
Lifestone: Just curious. What is Bobrisky offense for travelling out of Nigeria via Land borders?
I need explanation, just anybody to help me out here. Maybe I'm missing something Bob crime is that Nigerians hate him. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 3:28pm On Oct 23, 2024 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 2:57pm On Oct 23, 2024 |
Payunsin: Best stock for surest 20% short term gain is Access bank I can't argue that. It is one of my best stock. Here are my favorites. Access Bank Dangote Sugar Nascon UBA |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by designking: 2:50pm On Oct 23, 2024 |
What is Aradel current share price? |