₦airaland Forum

nna777:
I wanted to address you but a quick click on your moniker changed my mind. Good luck on your money making opp.

Don't be a coward if you have something to say, say it

The funniest part is that these small minded people always coming here to boast about their bullshit fugaz stocks don't seem to realize that when you adjust for inflation they are actually losing money. Some have been boasting about peanut returns on zenith bank since naira was 160 to a dollar now it's 450 or something. If you haven't tripled your earnings in the same period you've actually been losing money. Fact.

Heishere:
Chai. see insult on top our own money

Not an insult bro it's a fact

emmanuelewumi:
Unfortunately you are a big minded investor who does not have capital. You should be able to get the capital either in form of debt or equity

I will rather listen to a small minded who is not limited by capital

I know that's why you'll never make any real money

OBAGADAFFI:
So you don't have more capital and your are calling NSE investors small minded people ?

Ok, go and make more capital before teaching us how not to be small minded people .

It's good to see all you small minded people responding. I guess the shoe fits

NSE investors are mainly small minded people only interested in making peanuts or even losses trading the same boring overpriced stocks while missing real money making opportunities in cheaper Kobo stocks.

If only I had more capital I would show you guys what this market can really do

Good plane

Kiddwaya too

Prince

Bbn

Babies

Actress Juliet Ibrahim has given reason she is supporting Big Brother Naija, BBNaija Lockdown housemate, Prince Nelson Enwerem, this season.

Sharing a photo of the housemate on her Instagram page on Tuesday, Juliet said she is supporting Prince because she loves smart and intelligent men who support and stand up for women.

She also said that Prince has captured her heart.

“I recently started watching #bbnaija, and this young man @princenelsonenwerem has captured my heart already,” Juliet wrote.

“If you know me, you’d know I love smart and intelligent men who support and stand up for women.

“Please help me vote for Prince, he deserves to be in the house till the finale.”

Visit moneyhousetv.com to register

#bbnaija #bbnaijalockdown #bbnaijalockdowmn2020 #nigeriarealitytvshows #bigbrothernaijaupdate2020 #pepperdem #bbnaijaseason5 #wathoni #bbnaijaupdates #ozo #nengi #dorathy #dorathybbnaija #laycon #layconbbnaija #kiddwaya

Hmmm

Ebuka what is your take?

Tacha don come again

Disqualified housemate of Big Brother Naija “Pepper Dem” season, Natacha Akide popularly referred to as Tacha, has asked her fans to desist from asking her to vote for the contestants in the current season of the reality TV show.



In a video she made today September 10, Tacha who was disqualified from the show after her faceoff with Mercy- winner of the season she competed in, insinuated that votes do not count in BBNaija reality show.



''Wait a minute you guys. Why’s everybody texting me vote for this person, vote for that person like your votes count. Nigerians y’all never learn. Does your vote count? Does it? So please let me be”, she said

IYGEAL:
Bros calm down.

All works and no play, etc etc

Virtually everyone here is in the market.

Bros I'm calm but I disagree many people on this forum are just talkers not traders or maybe they are billionaires already and trading is their hobby, reminds me of a Reddit forum I used to visit to trade forex before it was overrun with people trading demo accounts

Mcy56:
Sunu Assurance:
Shareholders approve cancellation of 11.2b shares to pave way for new 8b shares ahead of capital base restructuring.

https://thenationonlineng.net/shareholders-approve-cancellation-of-11-2b-shares/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2319771+%3D>+MORNING+NEWS+HEADLINES&utm_content=917036c13d2a63a3ec463db5ebbebfe405601c186

What impact will this have on the share price? I have some money stuck in stock

MoneyMakingOppo:
Sometimes I wonder if some people are actually trading in this market or they're just here to share memes and talk shit because according to them they never seem to lose money no matter which way the market goes, even if they advise you to buy a particular share and the price absolutely tanks, they will still be on this forum talking like oracles. Biko are these people trading with real money or demo account?

Looking through the comments I can see more and more people admitting they don't even have real accounts or they didn't even follow their own trading advice. I think we need to start another thread for serious minded people this thread is overrun with demo account clowns just posting jokes and emojis when the rest of us are actually trying to make money

Sometimes I wonder if some people are actually trading in this market or they're just here to share memes and talk shit because according to them they never seem to lose money no matter which way the market goes, even if they advise you to buy a particular share and the price absolutely tanks, they will still be on this forum talking like oracles. Biko are these people trading with real money or demo account?

Novice Question:

If I buy a stock before it's closure of register do I need to keep it until the payment date to get the dividend or can I sell it before the payment date?!

Novice Question:

If I buy a stock before it's closure of register do I need to keep it until the payment date to get the dividend or can I sell it before the payment date?

Any advice where to invest N1.5m now that stocks are going crazy?

Is transcorp going back up to N1:00 or should I sell now before I see it at 70 kobo

Mcy56:
Be careful of penny stocks for now.
Which ones are you looking at btw?

Japaul. What do you think?

Does anyone here trade Penny stocks?

The stocks of Dangote Cement Plc, Zenith Bank Plc, Nestle Plc, Nigerian Breweries Plc, and Seplat Plc are shares of fortune, a report from ARM securities disclosed.

Though, the Nigerian Stock Exchange closed on a negative for the first time in 2020 with the NSE All share Index (ASI) declining by 2.65% from 29,628.84 last week Monday to 28, 843.53 index points by close of trading on Friday, the stockbroking firm is optimistic that the stocks would give their investors expected returns on investment (ROI).

Meanwhile, gains were seen across the Brewers (4.89%), Construction (2.64%) and Insurance (0.54%) sectors.

Where they stand:



Dangote Cement (DANGCEM) is a leading cement manufacturer in Nigeria and it made ARM’s ‘STRONG BUY’ list.

Dangote Cement (Dangcem) with a Fair Value Estimate (FVE) of N240.87 – DANGCEM’s FY 19 earnings is expected to be pressured (EPS: N14, vs N22 in 2018) owing to lower volumes in Nigeria business (due to increased competition from BUA Cement) and some of its Pan Africa business, as well as high base of tax credits from 2018. However, “DANGCEM currently trades at FY 19E Price Earning (P/E) of 11x on our estimates, which is cheap compared to WAPCO and CCNN of 17.7x and 16.8x, respectively. We believe current valuation is unjustified given the superior Return on Equity (ROE) of 24%.

Research: Stock recommendations for the week as ASI drops by 2.65%

Zenith Bank Plc (FVE: N31.50) also made the Strong buy list: The stockbroking firm was forced to adjust its expectations for the bank’s FY 2019 following some surprises in its Q2 numbers. In specifics, “we revised net interest income lower due to compressed yields on its loans and treasury asset (H1 18:10.6%, H1 19 9.1%) amidst contraction in funding cost,” it stated. Elsewhere, we adjusted Nominal Interest Rate (NIR) higher due to upward review of electronic fee income and trading book. Thus, we now forecast Profit Before Tax (PBT) of N218 billion (-5.5% YoY), while we cut our FVE to N31.57/share (previously: N33.71/share).


STRONG BUY, Nigerian Breweries Plc – (FVE: N75.82): Intense competition from International Breweries (IB) and graduated excise duty (+17% YoY) that kicked-off in Jan-19, revenue growth is expected to be slow even as we expect higher finance cost (+38% YoY) to be another pressure point to earnings this year. However, given our case for a slight improvement in volumes and decline in cost of sales (-1.1% YoY) which translates to gross (+120bps YoY) and Earning Before Interest and Taxes (EBIT) (+101bps YoY) margin expansion, the misery seems moderated. Overall, the net impact of all our adjustments translates to PBT of N29.9 billion and Earning Per Share (EPS) of N2.58 (+6.3% YoY) over 2019.

STRONG BUY, Seplat Plc – (FVE: N828.90): Seplat’s total production declined in Q3 19, as the drop in gas production offset improvement in the oil segment. That said, we remain positive on growth in production going into the final quarter of the year (especially in oil) and into 2020 as Seplat increases capex. Cashflows remain healthy. Upsides reside in the ANOH Gas project and acquisition of Eland Oil & Gas Limited.

However, losses were observed in the Banking (-6.13%), Cement (-0.90%), Telecom (-2.96%), Personal Care (-13.72%), Food (-0.50%), Oil & Gas (-2.58), and Real Estate (-0.14%) sectors, last week.

Major drivers for the week’s decline were stocks such as FBNH (-10.27% WoW), STANBIC (-10% WoW), BUACEMENT (-2.12% WoW) and MTNN (-4.32% WoW).

Standard chartered
Meanwhile, Nairametrics had reported that the week ended January 31, 2020, was not a fruitful one for some investors in the Nigerian Stock Exchange, as the market delved below N15 trillion when investors lost N403.02 billion.

Nairametrics found that the market capitalisation dropped from N15.27 trillion on Friday, January 24, 2020, to N14.87 trillion last Friday. Experts attributed the development to the sell-offs witnessed in MTN Nigeria Communications Plc, Guaranty Trust Bank Plc, and Access Bank Plc.

Premium board decliners
The summary of the stock market performance for the week showed that no stock recorded positive growth last week. There were only decliners and retainers.

Lafarge Africa lost the most with a 12.86% decline to close the week at N15.25 followed by First Bank Holdings, which dipped 10.27% to close at N6.55. UBA recorded 6.43% loss to close at N8 with Zenith Bank closing at N20.85 indicating 5% loss while MTN rounded off the list with 4.32% loss to close at N119.6.

Mainboard gainers
Despite the negative performance of the stock market in the week, some company stocks recorded a slight increase in the value of their stocks.

Linkage Assurance gained the most on the bourse with an 18.75% increase to close at N0.57. Neimeth Pharmaceuticals followed with 17.02% gain to close at N0.55 from an initial N0.47. Vitafoam Nigeria also recorded a 10% gain to close at N5.5 as NPF Microfinance Bank grew by 9.73%, from N1.13 to N1.24 while Cornerstone Insurance rounded off the list with 9.26% gain to close at N0.59.

ARM hot stocks list.

The stocks of Dangote Cement Plc, Zenith Bank Plc, Nestle Plc, Nigerian Breweries Plc, and Seplat Plc are shares of fortune, a report from ARM securities disclosed.
Though, the Nigerian Stock Exchange closed on a negative for the first time in 2020 with the NSE All share Index (ASI) declining by 2.65% from 29,628.84 last week Monday to 28, 843.53 index points by close of trading on Friday, the stockbroking firm is optimistic that the stocks would give their investors expected returns on investment (ROI).

Meanwhile, gains were seen across the Brewers (4.89%), Construction (2.64%) and Insurance (0.54%) sectors.

Where they stand:



Dangote Cement (DANGCEM) is a leading cement manufacturer in Nigeria and it made ARM’s ‘STRONG BUY’ list.

Dangote Cement (Dangcem) with a Fair Value Estimate (FVE) of N240.87 – DANGCEM’s FY 19 earnings is expected to be pressured (EPS: N14, vs N22 in 2018) owing to lower volumes in Nigeria business (due to increased competition from BUA Cement) and some of its Pan Africa business, as well as high base of tax credits from 2018. However, “DANGCEM currently trades at FY 19E Price Earning (P/E) of 11x on our estimates, which is cheap compared to WAPCO and CCNN of 17.7x and 16.8x, respectively. We believe current valuation is unjustified given the superior Return on Equity (ROE) of 24%.
Research: Stock recommendations for the week as ASI drops by 2.65%

Zenith Bank Plc (FVE: N31.50) also made the Strong buy list: The stockbroking firm was forced to adjust its expectations for the bank’s FY 2019 following some surprises in its Q2 numbers. In specifics, “we revised net interest income lower due to compressed yields on its loans and treasury asset (H1 18:10.6%, H1 19 9.1%) amidst contraction in funding cost,” it stated. Elsewhere, we adjusted Nominal Interest Rate (NIR) higher due to upward review of electronic fee income and trading book. Thus, we now forecast Profit Before Tax (PBT) of N218 billion (-5.5% YoY), while we cut our FVE to N31.57/share (previously: N33.71/share).
[READ MORE: NSE launches Growth Board to attract SMEs with growth potentials)

STRONG BUY, Nigerian Breweries Plc – (FVE: N75.82): Intense competition from International Breweries (IB) and graduated excise duty (+17% YoY) that kicked-off in Jan-19, revenue growth is expected to be slow even as we expect higher finance cost (+38% YoY) to be another pressure point to earnings this year. However, given our case for a slight improvement in volumes and decline in cost of sales (-1.1% YoY) which translates to gross (+120bps YoY) and Earning Before Interest and Taxes (EBIT) (+101bps YoY) margin expansion, the misery seems moderated. Overall, the net impact of all our adjustments translates to PBT of N29.9 billion and Earning Per Share (EPS) of N2.58 (+6.3% YoY) over 2019.
STRONG BUY, Seplat Plc – (FVE: N828.90): Seplat’s total production declined in Q3 19, as the drop in gas production offset improvement in the oil segment. That said, we remain positive on growth in production going into the final quarter of the year (especially in oil) and into 2020 as Seplat increases capex. Cashflows remain healthy. Upsides reside in the ANOH Gas project and acquisition of Eland Oil & Gas Limited.
However, losses were observed in the Banking (-6.13%), Cement (-0.90%), Telecom (-2.96%), Personal Care (-13.72%), Food (-0.50%), Oil & Gas (-2.58), and Real Estate (-0.14%) sectors, last week.

Major drivers for the week’s decline were stocks such as FBNH (-10.27% WoW), STANBIC (-10% WoW), BUACEMENT (-2.12% WoW) and MTNN (-4.32% WoW).

Standard chartered
Meanwhile, Nairametrics had reported that the week ended January 31, 2020, was not a fruitful one for some investors in the Nigerian Stock Exchange, as the market delved below N15 trillion when investors lost N403.02 billion.

Nairametrics found that the market capitalisation dropped from N15.27 trillion on Friday, January 24, 2020, to N14.87 trillion last Friday. Experts attributed the development to the sell-offs witnessed in MTN Nigeria Communications Plc, Guaranty Trust Bank Plc, and Access Bank Plc.

Premium board decliners
The summary of the stock market performance for the week showed that no stock recorded positive growth last week. There were only decliners and retainers

Lafarge Africa lost the most with a 12.86% decline to close the week at N15.25 followed by First Bank Holdings, which dipped 10.27% to close at N6.55. UBA recorded 6.43% loss to close at N8 with Zenith Bank closing at N20.85 indicating 5% loss while MTN rounded off the list with 4.32% loss to close at N119.6.

Mainboard gainers
Despite the negative performance of the stock market in the week, some company stocks recorded a slight increase in the value of their stocks.

Linkage Assurance gained the most on the bourse with an 18.75% increase to close at N0.57. Neimeth Pharmaceuticals followed with 17.02% gain to close at N0.55 from an initial N0.47. Vitafoam Nigeria also recorded a 10% gain to close at N5.5 as NPF Microfinance Bank grew by 9.73%, from N1.13 to N1.24 while Cornerstone Insurance rounded off the list with 9.26% gain to close at N0.59.

What is happening in insurance sector? Which stock should I invest in?