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Nigerian Stock Exchange Market Pick Alerts - Investment (6412) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:52am On Jun 23, 2021
currentprice:
@ mercy @valueinvestor & co grin grin
hope u na don hammer on the vitaform matter grin

wow! bedsheet has been alerting and regularly reviewing predictions on vitaform since N3.50k. 2 years ago.

time to value my bedsheet go sell for ebay grin
grin grin grin grin
You've really tried concerning this Vitafoam predictions.
Well-done boss! cool

Pls don't sell the bedsheet ooo, very useful for quite a lot of us here.........
.....besides, if you sell it, the buyer will not know the 'power' in the bedsheet, will just render it use.less. grin

@Imm4real how far nah?
No be today you dey here self. cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:00am On Jun 23, 2021
ogri1391:
Can you buy shares and sell on the same day on the NGX?
YES!
Re: Nigerian Stock Exchange Market Pick Alerts by STNWAUME(m): 11:14am On Jun 23, 2021
OBAGADAFFI:


Kalokalo company

So it's now you know Nse is kalokalo

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:57am On Jun 23, 2021
zionaigbokhan:
I think Fidelity might be the next Vitafoam. DD please.
Lol. Access bank's recent numbers look even better than both fidelity and vitafoam
Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 1:06pm On Jun 23, 2021
If a company Returns on Invested Capital (ROIC) is not greater than the company Weighted Average Cost of Capital (WACC), such a company is a value destroyer.
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:12pm On Jun 23, 2021
Mpeace:
Lol. Access bank's recent numbers look even better than both fidelity and vitafoam

Got some Afolabi units of Mr Swallow today grin
Re: Nigerian Stock Exchange Market Pick Alerts by moneymanager: 2:34pm On Jun 23, 2021
Where is GTB undecided

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 3:46pm On Jun 23, 2021
currentprice:
now bedsheet is pointing to two other stock.

one on banking sector another on d other sector.

it will be reveal at appropriate time on confirmation

watch out!!!

vummmmmmmm with my two leg b4 pastor vee catch me

grin grin grin grin grin grin

grin grin grin When fowl mess, it go begin run when nothing dey pursue am.

Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 4:09pm On Jun 23, 2021
gloriousdawn:
If a company Returns on Invested Capital (ROIC) is not greater than the company Weighted Average Cost of Capital (WACC), such a company is a value destroyer.
I saw this post on Facebook page as well... I assume its the same person placing the posts!

I totally agree with you 100%!

My question is how do you practically calculate WACC
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 6:30pm On Jun 23, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 10:01pm On Jun 23, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by ogri1391: 12:18am On Jun 24, 2021
yMcy56:

YES!
Thanks...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 10:06am On Jun 24, 2021
GTB back 2day
As GTCO ...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by erwinschro: 10:14am On Jun 24, 2021
DrAwo:

I saw this post on Facebook page as well... I assume its the same person placing the posts!

I totally agree with you 100%!

My question is how do you practically calculate WACC


It's a little difficult to get an exact number, but you can estimate it within a very reasonable margin of error. You look at the companies total amount of capital (debt + equity). Then you simply calculate the firms after tax cost of debt multiplied by the percentage of debt in the capital structure and add that to the cost of equity multiplied by the percentage of equity in the capital structure.

The complications come in primarily in calculating the cost of equity. Traditionally, this is done using the capital asset pricing model. The process can be quite tedious, but most financial professionals have access to software (bloomberg or otherwise) that has many of the inputs to calculate the cost of equity such that they don't need to do the calculations and estimations required by themselves.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:35am On Jun 24, 2021
Willie2015:
GTB back 2day
As GTCO ...
Investors still watching it from afar......
One person bought 1unit to test it I think.... grin

**Kudos to GTB for making SEC to prioritize this. No time for non.sense delay, this is biz**
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:38am On Jun 24, 2021
ZENITH:
Closed @23.50 yesterday with quite a large crossing/purchase at that price......
Still watching anyway....
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 10:49am On Jun 24, 2021
erwinschro:


It's a little difficult to get an exact number, but you can estimate it within a very reasonable margin of error. You look at the companies total amount of capital (debt + equity). Then you simply calculate the firms after tax cost of debt multiplied by the percentage of debt in the capital structure and add that to the cost of equity multiplied by the percentage of equity in the capital structure.

The complications come in primarily in calculating the cost of equity. Traditionally, this is done using the capital asset pricing model. The process can be quite tedious, but most financial professionals have access to software (bloomberg or otherwise) that has many of the inputs to calculate the cost of equity such that they don't need to do the calculations and estimations required by themselves.

s

Can we pick a company on the NSE and do the calculation here?
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 11:16am On Jun 24, 2021
erwinschro:


It's a little difficult to get an exact number, but you can estimate it within a very reasonable margin of error. You look at the companies total amount of capital (debt + equity). Then you simply calculate the firms after tax cost of debt multiplied by the percentage of debt in the capital structure and add that to the cost of equity multiplied by the percentage of equity in the capital structure.

The complications come in primarily in calculating the cost of equity. Traditionally, this is done using the capital asset pricing model. The process can be quite tedious, but most financial professionals have access to software (bloomberg or otherwise) that has many of the inputs to calculate the cost of equity such that they don't need to do the calculations and estimations required by themselves.

This entire post was exactly my point in asking the question I asked...

I know the formula and its intricacies... The challenge is that the average Nigerian company reports their numbers in a way that makes it difficult to distill such advanced metrics from them...

Like Buffett says, if a company wants to obscure their numbers, even the best accountant will struggle to unravel them...

There's a ripe market for financial services companies like Bloomberg, Morningstar etc that will focus on the Nigerian Market... I won't mind paying a subscription for such a service...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 11:26am On Jun 24, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:10pm On Jun 24, 2021
jideflash:
I predict a mandatory takeover happening soon here. https://www.businessamlive.com/cfo-cco-to-leave-nigerian-insurer-sunu-assurance-plc-in-september/
All the key staff are resigning..........not a good sign. The owner could be selling it off.

https://doclib.ngxgroup.com/Financial_NewsDocs/33501_SUNU_ASSURANCES_NIGERIA_PLC%20SUNU_ASSURANCES_NIGERIA_PL.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/33500_SUNU_ASSURANCES_NIGERIA_PLC%20SUNU_ASSURANCES_NIGERIA_PL.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:31pm On Jun 24, 2021
STANBIC
Q2 2021 audited report to be ready for submission to CBN even before end of June!

Is this normal or in preparation for some arrangements yet to be made public?
A single cross deal of 3.5M units @39.70 was earlier sighted.

We see how it goes.......
https://doclib.ngxgroup.com/Financial_NewsDocs/33499_STANBIC_IBTC__HOLDINGS_PLC%20AUDIT_OF_30_JUNE_2021_HALF_.pdf

AIICO 101
Lol. AIICO sighted @1.01.......
Being punished for delayed bonus scripts I think.........
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 12:58pm On Jun 24, 2021
nna777:
For long termers.

Keep observing. Vitafoam @ 8 or slightly below is a good bargain. It might not likely retest lower lows (below 7:50).
If they release another good q2 month end, it's 9 we will be looking at.

Vitafoam has returned exactly 100%. Took some profit grin. Be careful if you are entering now. It needs to take a breather. It has been running for a while now.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 1:01pm On Jun 24, 2021
currentprice:
now bedsheet is pointing to two other stock.

one on banking sector another on d other sector.

it will be reveal at appropriate time on confirmation

watch out!!!

vummmmmmmm with my two leg b4 pastor vee catch me

grin grin grin grin grin grin

Access grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Flash360: 1:35pm On Jun 24, 2021
nah. sunu group have been acquiring more units of the stock by 1st restructuring their shares, private placement funding & clearing their existing debt with Daewoo. they would inject 3bn soon to complete the recapitalization goal by private placement or rights offer. By then, they will control over 90% of the company = takeover. cool

Well, im just a highren doing his own permutation. Apply Due Diligence.

yMcy56:

All the key staff are resigning..........not a good sign. The owner could be selling it off.

https://doclib.ngxgroup.com/Financial_NewsDocs/33501_SUNU_ASSURANCES_NIGERIA_PLC%20SUNU_ASSURANCES_NIGERIA_PL.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/33500_SUNU_ASSURANCES_NIGERIA_PLC%20SUNU_ASSURANCES_NIGERIA_PL.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:46pm On Jun 24, 2021
Flash360:
nah. sunu group have been acquiring more units of the stock by 1st restructuring their shares, private placement funding & clearing their existing debt with Daewoo. they would inject 3bn soon to complete the recapitalization goal by private placement or rights offer. By then, they will control over 90% of the company = takeover. cool

Well, im just a highren doing his own permutation. Apply Due Diligence.


I heard the company aquired part of Allianz.

https://www.atlas-mag.net/en/article/sunu-completes-the-acquisition-of-five-of-allianz-s-african-subsidiaries

Most of this insurance companies are monkey Bussiness.
Re: Nigerian Stock Exchange Market Pick Alerts by SA44LA44(m): 2:06pm On Jun 24, 2021
Hi everyone,

Would former holders of Guaranty bank stocks be tranferred to GTCO authomatically? any idea what will happen?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:08pm On Jun 24, 2021
VITAFOAM
This stock is vexing.........
Pulback to 13.25 earlier.......and is back @14.25 again....

STANBIC
More cross deals @39.70.....

ZENITH
More transactions @23.80........much resilience

GTCO (Guaranty Holding Co
Up with N60k.......seems the HOLDCo barrier is now out of the way..

**Not any form of advice**
Re: Nigerian Stock Exchange Market Pick Alerts by ZikkyChops(m): 2:10pm On Jun 24, 2021
SA44LA44:
Hi everyone,

Would former holders of Guaranty bank stocks be tranferred to GTCO authomatically? any idea what will happen?
Dear Esteemed Client,
This is to inform you that GT Holdco’s (GTCO) entire issued share capital of 29,431,179,224 ordinary shares of 50 Kobo have now been listed in lieu of GUARANTY today, 24 June 2021 at NGN28.55 per share. This follows the delisting of the entire issued shares of GTB (GUARANTY) from the Daily Official List of the Nigerian Exchange Limited (NGX).

Kindly note that the ticker symbol ceases to be GUARANTY but now GTCO.

Regards,
Research
Re: Nigerian Stock Exchange Market Pick Alerts by 2cato: 2:13pm On Jun 24, 2021
ZikkyChops:

Dear Esteemed Client,
This is to inform you that GT Holdco’s (GTCO) entire issued share capital of 29,431,179,224 ordinary shares of 50 Kobo have now been listed in lieu of GUARANTY today, 24 June 2021 at NGN28.55 per share. This follows the delisting of the entire issued shares of GTB (GUARANTY) from the Daily Official List of the Nigerian Exchange Limited (NGX).

Kindly note that the ticker symbol ceases to be GUARANTY but now GTCO.

Regards,
Research
with GTCO what other business will they be doing
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:15pm On Jun 24, 2021
SA44LA44:
Would former holders of Guaranty bank stocks be tranferred to GTCO authomatically? any idea what will happen?
Yes.
Nothing will happen......just normal biz as usual.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by SA44LA44(m): 2:18pm On Jun 24, 2021
Many Thanks

ZikkyChops:

Dear Esteemed Client,
This is to inform you that GT Holdco’s (GTCO) entire issued share capital of 29,431,179,224 ordinary shares of 50 Kobo have now been listed in lieu of GUARANTY today, 24 June 2021 at NGN28.55 per share. This follows the delisting of the entire issued shares of GTB (GUARANTY) from the Daily Official List of the Nigerian Exchange Limited (NGX).

Kindly note that the ticker symbol ceases to be GUARANTY but now GTCO.

Regards,
Research

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by hmohammed(m): 2:25pm On Jun 24, 2021
Godisfaithful:


Sir, that highlighted got be laughing here bigly. Let’s just stick to virtual interaction here. You think I trade stocks and ventured into entrepreneur world because I’m ‘hoping’

Anyway, make we just keep quiet sha. Goodluck with your NSE market. Wake me up, when we have a govt that encourage investment

All people like you know how to do is just complain. Be sleeping there while Oyinbo man take position

1 Like

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