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Locodemy's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 12:11pm On Sep 27
OBAGADAFFI:


Mr. Market is dealing with Mansard. grin grin grin

Dangers of reconstruction.

It will try to resist falling.
If there will be willing sellers, the price will go down.
If no willing sellers, the stock will remain illiquid for a while because buyers are not ready to buy at this current price.
Earning season is fast approaching.We will soon know the right price for Mansard.

If the price continues to fall, I will like to gamble here for 10-20% as usual.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 10:21am On Sep 27
This time around nobody will beg the market to go up.The economy is messed up.Exchange rates, interest rates and inflation.

The only hope for equity investors is for the market to move up and this time nobody will beg for it.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 9:21am On Sep 27
PETERiCHY:
BRENT sighted @ $79
Should we expect $100 by year end

BARGAIN HUBTERS TAKE NOTE!

Your stock market is not responding to any news.

Inflation on the highness yet market which is suppose to be up in order to beat inflation is down.

You want us to be happy that crude oil is nearing $80 when it is of no value to us.

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 1:51pm On Sep 23
Pls can someone highlight on this enaira that will be launched on the 1st of October.

1. Can it be exchanged for naira physically or between two people who have the digital currency accts?

2.What are the merits and demrits of enaira?

The app will be ready for download on the 1st of October 2021 and banks will be the ones to sell to app users.If the banks hoard the enaira, it means it gonna be more expensive than naira and here comes a new business for all.

Anyone who has a comprehensive idea should please share with us.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 10:19am On Sep 15
The huge offers I saw this morning at market opening @ Transcorp, why are people withdrawing them?
Is the time for it's bull around the corner?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 7:50pm On Sep 14
emmanuelewumi:



Okay ooooo at $500 million valuation.

What is their revenue? What is their total deposits and assets?

Is it profitable? What is their profit growth in the last 5 years.

I don't think it's necessary until their financials are made public.What matters a lot to me now is to run an acct with them based on recommendations and the type of services they render.

Thank you sir.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 7:47pm On Sep 14
ositadima1:


It seems they have a mutual fund baked-in by default hence you get up to 15% interest per annum.


I read something about that from their bulletin.
Thank you
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 7:45pm On Sep 14
Heishere:


It is an online bank with Microfinance license. Used majorly by crypto traders as conduit so they usually have huge daily inflows and outflows. It is also growing astronomically so you can use them depending on the amount and purpose.

Thank you.Apart from Access and Gtb which have been my banks for over a decade now, I want to open an acct with one of the best fintech banks licenced by CBN.I learnt that kuda is the best for now.Free transfers and 15% interest rates.

Needed some criticisms from the bank but have not heard or seen one.

Kuda bank , I will bank with you.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 2:19pm On Sep 14
Hello,
Who knows about this Fin tech bank called Kuda?I want to open an acct with them based on recommendations.

I also copied this from Nairametrics concerning the bank.

At $500 million valuation, Kuda Bank becomes Nigeria’s 7th most valuable bank
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 5:21pm On Sep 13
Mpeace:
So far not so good. Price ain't really moving.

No be juju be that?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 4:06pm On Sep 13
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 8:33pm On Sep 11
samguru:
https://doclib.ngxgroup.com/Financial_NewsDocs/34082_FIDELITY_BANK_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR.pdf

Fidelity bank result don land ooo

Eps from 39 to 67 kobo.
Some banks are very cheap o.
I guess this Fidelity is cheaper than Access bank.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 11:44am On Sep 10
megawealth01:
U. B. A is doing well... My instincts no dey fail... Where's Peter? grin

For your info, U.B.A is losing 20kobo now.
Cool down put your money in Access rather.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 11:20am On Sep 10
megawealth01:
Don't know why I don't have this sef grin

Must you have every stock?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 10:36am On Sep 09
OBAGADAFFI:


The same thing happened to C& I.

C&I hasn't released any good result since they splitted their shares.I am having the feelings mansard will like to take the lead again in the insurance sector.Just a mere saying.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 10:17am On Sep 09
Raider76:


And Mr. Market can wreck havoc. Remember the nightmare of Unity Bank's reconstruction? The price still dropped back to the original N0.50! So you end up with fewer shares at the same price.

Bad prayer.Balance sheet will decide that.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 8:04am On Sep 09
klas:


No problem in reconciliation.
After the reconstruction, the total units of your shares will be divided by 4. The cost per unit of the new share to you based on the N0.88 that you bought will now be N3.52 per share that is now having N2 as nominal value instead of former 50kobo.

The opening market price of each new share on the day that the suspension is to be lifted based on yesterday’s closing price of N0.83 will be N3.32 per new share. Thereafter, market forces will determine its trading price going forward.

Excellent narrations.You said it all.

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 8:00am On Sep 09
Diyke4rich:
Do you think transcorp will touch N1 or N1.50kobo one day?


You said one day?
How much was the stock 1-5 yrs ago?
Trascorp has no good news except ughelli power plant when the share price was selling at #5+.There are so much streams of income to the company now than before.The Agric subsidiary news is even on the way.Will hit the market by surprise.
What I am suggesting they should do now is to reconstruct the shares at least 1:1 which will bring the share price to 20B os and eps of 50kobo at year end after reconstructions is enough to drive the stock to almost #10 since it is the leader of power sector.Being a growth stock is also a plus to the stock.

Even without reconstructions, expect Transcorp at #4 though it's not gonna be automatic.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 3:56pm On Sep 08
yMcy56:

Don't know why a side of my mind is supporting TRANSCORP this time around........like it will soon breakout or something........
Nothing is impossible for God anyway. grin

Anyone who has been in Transcorp for up to 6 months shouldn't sell at this time.Another 6 months won't pass it.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 6:55pm On Sep 07
ojeysky:


I can imagine this is transcorp predictions even though it closed red today

Lol, I never have Transcorp in mind for saying that.It is only stocks that carries oxygen after Q3 results.Lets keep our fingers across.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 1:59pm On Sep 07
Once Q3 result is out, Bingo will begin follow pot belly man.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 1:34pm On Sep 07
megawealth01:
Thanks for this because I buy am for dividends things and for mid/long-term too

Imagine you expecting bonus from a stock of above 30b os.such stocks can only pay you dividend if they make profits.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 1:31pm On Sep 07
yMcy56:

Boss you already said it's not banking. Just replying to Loco's post there ni.

The numbers has already shown he is referring to courteville.
Courteville is a govt depended stock.Lagos state policy on automobiles is helping them now but I categorize courteville same with insurance stocks.

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 9:18am On Sep 07
currentprice:


Moring Boss

nice seeing ur post here

grin

Oga mi.
Help me to access cadbury and carverton base on the q2 numbers
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 8:56am On Sep 07
RabbiDoracle:
Cliff ahead.

Oga nice to see you here again.
When you and cp are here, this place will bubble again.
Welcome sir.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 12:40pm On Sep 06
yMcy56:

I've long posted here that Jaiz have no biz trading @ below 60kobo......
Mr. Market is just doing it's things.
Jaiz has very good numbers.

Anyway, Currentprice should come and confirm which one..........and it's going to be for the very patient ones, cos the stock might not even respond quick quick.....

Jaiz has 29b os plus another 3.5b right issue.Revenue and Profit has been improving from q/q but the profit and eps has not attracted me though good if we check from when the bank is listed.

Courteville has 3.5b os .I believe courteville will do better in price than jaiz if more improvement is seen.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 12:24pm On Sep 06
yMcy56:

Should be Courtville.......
But Courtville rallied recently, did over +50% .......
Think it still have potential to move when good results are again released.....

As for Japaul, nothing concern that one with result or numbers o. Will move once it's ready to move. grin
Keeping eyes on this one..... smiley

Jaiz, courteville and japaul can spring wonders but I will still take a look at Transcorp before them based on numbers, technicals and sentiments/speculations
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 12:09pm On Sep 06
Do you have any criticisms on Transcorp and it's shares?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 12:08pm On Sep 06
currentprice:


i am not talking about jegede stock o. jegede have not even release Q2 report

take note

grin grin

Noted.I just checked the numbers.Impressive q2 on the qualified stock.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 11:52am On Sep 06
currentprice:


yes it one of the stock u mention here.. weldone

grin grin grin

Now we know
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 11:42am On Sep 06
currentprice:


non of the stock.

Cc mercy

Mercy is insurance.
Have started putting eyes on insurance?

Mercy also known for Japaul, courteville and Jaiz but I think the bolded is the stock.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 11:34am On Sep 06
currentprice:
bedsheet pointing another stock but this is too penny. a member here can buy the whole share.

All in all it good to see her Q3 for good clue

grin grin grin


I can think of Transexpress or Upl

1 Like

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