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KarlTom's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:18pm On Sep 25, 2024
BUAFOODS announced a strategic expansion yesterday.
Today it's on FULL OFFER.

This market ehn... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:15pm On Sep 25, 2024
Q&A grin

Princkez:
please when will it come?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:10am On Sep 25, 2024
grin
Ginalex:
the audacity with which you promise percentage of returns ehn grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:19am On Sep 25, 2024
Please do.

We await update... wink
rmx:
Interesting , one of the guys there personally trades an account I have with them , not spoken or asked about the acct this year ,he might have bought Ellah lakes with this visit , will ask him
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:30am On Sep 25, 2024
Sadly this was all premeditated... sad

The last throw of the dice rests with the 'authentic holders' and I sincerely hope they will turn up and outrightly reject this scheme.

Going by SEC rules, ₦70 is a generous buyout (highest CP in last 6months was ₦46) but faithful shareholders deserve more.

chimex38:
After staying Static last year's between at 30-35 during the Great Bull run of 2023.

Now Managing just only 60-70% wrt inflation and buyout info, suddenly wants to delist at ₦70..

Flourmill has been grossly undervalued in the stock market cuz of their low dividend payout rate.

Now na to disappear at 70?..
They are bigger than this, even with the OS undecided

Verdict: Unfair
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:13am On Sep 25, 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 7:10pm On Sep 24, 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:03pm On Sep 24, 2024
Amen angry
ndept:
The Q3 result of DS and NASCON will not be as bad as the Q1 and Q2. The two companies will have better Q3.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:35pm On Sep 24, 2024
OandO. -10.00%
ETERNA. ±

smiley
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:40pm On Sep 24, 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:11pm On Sep 24, 2024
It has collected the baton from FIDELITY... grin
TsarZed:
What is happening with Sterling
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:02pm On Sep 24, 2024
As in ehn... grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:43pm On Sep 24, 2024
grin
GeeKudi:
Based on this post, there is only one person crying without anyone beating them grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:42pm On Sep 24, 2024
Wagwan UBA grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:05pm On Sep 24, 2024
Buying and Selling ALWAYS follows a trend.
The observations of @Babs02 are legit...

crownprince2017:
So when people sell to a willing buyer it's termed dumping.

An healthy market is where there is buyer and sellers because everyone placed different value on their assets na.
You only see healthy market with only buyer?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:03pm On Sep 24, 2024
The bolded is a requirement of International Commercial Banking License (not expressly Tier 1)... wink
chimex38:
Well, I think it depends in the Metric used..
So we can be both right and wrong..

They both have the highest type of Banking license issued by CBN.(international Licence)

Their Cash Adequacy Ratio and other requirements, CRR are same standard as the FUGAZ..

they are both required to meet up with the ₦500bn Capital base requirements as the Tier 1.

They are also subjected to International Monetary rules of CBN as per having a foreign base.

But in terms of performance, Retained Earnings, Systemic importance for the Nation, Capacity of Loan disbursement to Big manufacturers, No of foreign presence n remittances, customer base, brand, etc..
They are probably in Tier 2 as you stated.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:00pm On Sep 24, 2024
You also noticed abi? grin grin

BabsO2:
Looks like someone is dumping the Ellah Lakes strategically. The price rice my soon stall. shocked
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:59am On Sep 24, 2024
Tier 1 bank is one whose core capital includes disclosed reserves that appear on its financial statements and equity capital. The funds are put to function regularly and form the financial institution’s strength.

In Nigeria, Tier 1 banks are the fulcrum of its finance and economic system. They are referred to as the “too big to fail” banks because of their importance to the economy

#copied smiley
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:37am On Sep 24, 2024
...

chimex38:
Foreign presence I suppose.

Fidelity recently acquired the UK branch of Union Bank just last year.
FUGAZ + Fidelity and FCMB are Tier 1..
(I stand to be corrected though)
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:04am On Sep 24, 2024
grin grin

mikeapollo:
If you have any information that could help folks, kindly release it so we can place higher premium on it.
This ''Oando faithfulls get ready'' get as e be
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:04am On Sep 24, 2024
FCMB please don't get tired o.

sad
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:00am On Sep 24, 2024
grin
chimex38:
..And the dividend in Naira taken away from him ASAP to be replaced with the Dollar Equivalent ;
What nonsense! grin grin smiley cheesy

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:57am On Sep 24, 2024
As in ehn... grin

Xidget:
What is cooking in Transcorp
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:35am On Sep 24, 2024
grin
ndept:
You are hereby given a fine of 1,000 units of Seplat for negligence of duty grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:24am On Sep 24, 2024
Hmmm 🤔
Yemy3m:
looks as if they will enter Tier1.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:23am On Sep 24, 2024
Ding! grin
sterlingD:
No DING today?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:53am On Sep 24, 2024
You can also check here: https://sec.gov.ng/non-mandated/

leparj:
Contact your stockbrokers if you have the share certificates for those shares.
Request for them to help you dematerialize the share certs.
It will cost you a monetary charge(Not much. Depends on yr brokers),
You fill the forms and summit the share certs(hard copy).
When it's done, the shares will reflect in yr CSCS account.
Used to take a while back then(2000s).
That was the process then. May ve changed now.
Consult your stockbrokers to guide you as what currently the process is
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:38pm On Sep 23, 2024
OandO. -3.03%
ETERNA. ±

smiley
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:13pm On Sep 23, 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:12pm On Sep 23, 2024
Same with Asue Ighodale (NB). grin

phadriz:
Immediate past chairman, he resigned because of election
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:13pm On Sep 23, 2024
Be CAUTIOUS with WEMA (for now).

Bid is 'weak'
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:42am On Sep 23, 2024
Yes. This is the post! grin

Shout out to BearBullM who also called it in August...
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