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Nigerian Stock Exchange Market Pick Alerts - Investment (6511) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 12:23pm On Oct 25, 2021
locodemy:
If not free float issue, Living trust should have been doing 20 30% by now.
But no worry, market must remember it once the need arises.
I am trying to follow this stock but l am not seeing it
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 12:27pm On Oct 25, 2021
sterlingD:

I am trying to follow this stock but l am not seeing it
Under "Growth"
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:57pm On Oct 25, 2021
Mfunkynation:

But no single trading on the stock

Did you see any offer?
Any offer seen will be taken immediately.
This is the free float issue I am talking about.
Re: Nigerian Stock Exchange Market Pick Alerts by Marketapprentic: 1:01pm On Oct 25, 2021
locodemy:
Market must do justice to Npf.Buy more.
grin. Good marketer. Please come and help sell insurance policy grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:22pm On Oct 25, 2021
locodemy:
Did you see any offer?
Any offer seen will be taken immediately.
This is the free float issue I am talking about.
Loco, don't come and go and get stuck in Living Trust o.
It's illiquid and has floating issue.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:30pm On Oct 25, 2021
Marketapprentic:
grin. Good marketer. Please come and help sell insurance policy grin

Hmmmm.Insurance.Too much outstanding shares with low turnover and low profit.

If LASACO repositions very well and increases the top and bottom lines, I will recommend it above all the insurance stocks.The price will be higher than all of them.Can they do it?

Another insurance stock you will need to watch if you are a lover of insurance is REGAL.

I can only play numbers in insurance.Mansard currently in my portfolio.

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:34pm On Oct 25, 2021
yMcy56:

Loco, don't come and go and get stuck in Living Trust o.
It's illiquid and has floating issue.

Nne I have already informed all about that.
The available units to trade is only 4+ million units and no one want to sell at this time.

When you see willing seller, you will immediately see a willing buyer for it but who will sell Nah?

I only pointed it as a good stock and I know it's not tradeable for now.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:40pm On Oct 25, 2021
ETI: Lots of cross deals @7.60....

GTB: Lots of cross deals @28.60....

NGXGROUP:. Looks more like some guys are crossing it.........
Placed huge offers @ day's high to make it look like they are running, but it's more of a strategy to buy cheaper from the look of things......

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 1:57pm On Oct 25, 2021
sincerelymine:
Hello pros, i need advise on UNILEVER and UBA.
I am not a pro, but I can lend my 2 cents. It depends on your goals. I was contemplating on Afriprud and UBA, and their Q3s followed the respective patterns I was speculating. One pattern that I have noticed repeatedly on NSE is that during the peak of release of financial summaries (Q1, H1, Q3, FY), the prices of some stocks rise, indicating that some privileged traders/investors are buying some rumor (a smart approach in stocks trading by the way). When such companies eventually release their results, other traders/buyers are excited and they want to buy. This second category of people buy the news and such stocks usually witness dips (could be minor though) afterwards. A good example is UCAP. When the Q3 was released, it was beautiful, and it's price rose slightly afterwards, indicating that the buyers of news were in action. Today, UCAP is back on offers for as low as N9.05. Please note that this does not mean the stock will never rise again in price, or that it's growth is stunted by the price actions.

Bottomline, if you are a value investor, I would say UBA is great on your portfolio and might always bring you smiles even if you buy around it's current price. If you are excited by the recent news on the other hand, and want to trade, you might consider waiting till attention drifts away from the stock, so you can buy at a few kobo less than current price. I have been shifting my goal post on UBA for months now because I was unable to raise funds. Now that I have gathered something, I still wish I can get it within the range 8-8.25. My goal is good dividend yield and a portfolio full of stocks with sound fundamentals/value.

Please hear the gurus out and follow your goals sir/ma. Neither option is wrong I guess.

7 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:37pm On Oct 25, 2021
FBNH
Over N4.3Billion transactions done here today........
The moneybags should keep it coming..... smiley

ETI
Closed @7.70......
Quite a number of cross deals @7.60/7.65.......looks
more like it's still aiming high.....

Unilever, PZ, Cutix, Mansard, Airtel..... all advanced in prices......

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 3:14pm On Oct 25, 2021
GSK Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/34333_GLAXO_SMITHKLINE_CONSUMER_NIG_PLC%20_QUARTER_3_%20_FINAN.pdf

NESTLE Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/34334_NESTLE_NIGERIA_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_F.pdf


UCAP LAUNCH OF INFRASTRUCTURAL FUND
https://doclib.ngxgroup.com/Financial_NewsDocs/34330_UNITED_CAPITAL_PLC%20LAUNCH_OF_INFRASTRUCTURE_FUND_CORPO.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:24pm On Oct 25, 2021
yMcy56:
GSK Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/34333_GLAXO_SMITHKLINE_CONSUMER_NIG_PLC%20_QUARTER_3_%20_FINAN.pdf


NESTLE Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/34334_NESTLE_NIGERIA_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_F.pdf




UCAP LAUNCH OF INFRASTRUCTURAL FUND
https://doclib.ngxgroup.com/Financial_NewsDocs/34330_UNITED_CAPITAL_PLC%20LAUNCH_OF_INFRASTRUCTURE_FUND_CORPO.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 3:27pm On Oct 25, 2021
yMcy56:
GSK Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/34333_GLAXO_SMITHKLINE_CONSUMER_NIG_PLC%20_QUARTER_3_%20_FINAN.pdf

NESTLE Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/34334_NESTLE_NIGERIA_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_F.pdf


UCAP LAUNCH OF INFRASTRUCTURAL FUND
https://doclib.ngxgroup.com/Financial_NewsDocs/34330_UNITED_CAPITAL_PLC%20LAUNCH_OF_INFRASTRUCTURE_FUND_CORPO.pdf

Hmm.... GSK not bad o
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:27pm On Oct 25, 2021
[quote author=locodemy post=107052267][/quote]

See drop in Gsk
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 3:42pm On Oct 25, 2021
NESTLE
Interim dividend:N25.00
Qualification Date: 19th Nov, 2021

Chai! This stock is on another level!!

https://doclib.ngxgroup.com/Financial_NewsDocs/34336_NESTLE_NIGERIA_PLC%20DECLARATION_OF_INTERIM_DIVIDEND_CO.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by Seunn11: 4:23pm On Oct 25, 2021
A few million shares I have in Nestlé is making me �
Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 5:13pm On Oct 25, 2021
yMcy56:
NGXGROUP....
Selling @ discount @ below 21??
Only time will tell.... smiley

I was able to exit today. Thank God!

I will be waiting for it to come down to around N15 before I enter again.

And hold for around 4 years before I exit.
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 5:29pm On Oct 25, 2021
faoogoke:


I was able to exit today. Thank God!

I will be waiting for it to come down to around N15 before I enter again.

And hold for around 4 years before I exit.

Same here.. I exited. I have a wonderful stockbroker (stockbrokress!) She called to tell me that it was on offer.. I gave the sell order !!!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 6:10pm On Oct 25, 2021
yMcy56:
NESTLE
Interim dividend:N25.00
Qualification Date: 19th Nov, 2021

Chai! This stock is on another level!!

https://doclib.ngxgroup.com/Financial_NewsDocs/34336_NESTLE_NIGERIA_PLC%20DECLARATION_OF_INTERIM_DIVIDEND_CO.pdf

For new investors, it's not such a big deal.. trading at a whopping N1,405 !!! Except dividend yield is as good as zenith and its "homies"

https://www.tradingview.com/markets/stocks-nigeria/market-movers-high-dividend/

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by sincerelymine: 6:44pm On Oct 25, 2021
Capitas7:

I am not a pro, but I can lend my 2 cents. It depends on your goals. I was contemplating on Afriprud and UBA, and their Q3s followed the respective patterns I was speculating. One pattern that I have noticed repeatedly on NSE is that during the peak of release of financial summaries (Q1, H1, Q3, FY), the prices of some stocks rise, indicating that some privileged traders/investors are buying some rumor (a smart approach in stocks trading by the way). When such companies eventually release their results, other traders/buyers are excited and they want to buy. This second category of people buy the news and such stocks usually witness dips (could be minor though) afterwards. A good example is UCAP. When the Q3 was released, it was beautiful, and it's price rose slightly afterwards, indicating that the buyers of news were in action. Today, UCAP is back on offers for as low as N9.05. Please note that this does not mean the stock will never rise again in price, or that it's growth is stunted by the price actions.

Bottomline, if you are a value investor, I would say UBA is great on your portfolio and might always bring you smiles even if you buy around it's current price. If you are excited by the recent news on the other hand, and want to trade, you might consider waiting till attention drifts away from the stock, so you can buy at a few kobo less than current price. I have been shifting my goal post on UBA for months now because I was unable to raise funds. Now that I have gathered something, I still wish I can get it within the range 8-8.25. My goal is good dividend yield and a portfolio full of stocks with sound fundamentals/value.

Please hear the gurus out and follow your goals sir/ma. Neither option is wrong I guess.

Thanks for this

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Truth234(m): 7:34pm On Oct 25, 2021
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Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 7:51pm On Oct 25, 2021
sonofElElyon:


Same here.. I exited. I have a wonderful stockbroker (stockbrokress!) She called to tell me that it was on offer.. I gave the sell order !!!

Bro put me on notice when its at rock bottom.

Lets share the prosperity of NGXGROUP together.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:59pm On Oct 25, 2021
faoogoke:


Bro put me on notice when its at rock bottom.

Lets share the prosperity of NGXGROUP together.

As it stands now, we don't have any data for NGXGROUP.people ride on the euphoria of listing.Now it has started retracing.Gurus will like to see the results to know it's fair price.

I am not saying it won't go up again oo but bear in mind the fair price is unknown for now.Market must do justice when the data is made known.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 12:53am On Oct 26, 2021
sincerelymine:


Thanks for this
I am glad that makes any sense at all.
Happy portfolio expansion!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:10am On Oct 26, 2021
locodemy:


As it stands now, we don't have any data for NGXGROUP.people ride on the euphoria of listing.Now it has started retracing.Gurus will like to see the results to know it's fair price.

I am not saying it won't go up again oo but bear in mind the fair price is unknown for now.Market must do justice when the data is made known.


Should be able to pay a dividend of N1.00 per share in the next 2 years
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 8:09am On Oct 26, 2021
.
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 8:10am On Oct 26, 2021
emmanuelewumi:



Should be able to pay a dividend of N1.00 per share in the next 2 years

That means the best price to enter is less than or equal to N10 going by dividend yield.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 8:41am On Oct 26, 2021
locodemy:


As it stands now, we don't have any data for NGXGROUP.people ride on the euphoria of listing.Now it has started retracing.Gurus will like to see the results to know it's fair price.

I am not saying it won't go up again oo but bear in mind the fair price is unknown for now.Market must do justice when the data is made known.

Chief their financial print are available on their website for anyone to check. Like oga Emma said, the difference going forward will be that they're now operating as a profit oriented company unlike before.
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 9:21am On Oct 26, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:38am On Oct 26, 2021
Heishere:


That means the best price to enter is less than or equal to N10 going by dividend yield.


The previous annual report are available, it was a wasteful company I believe things will improve now that it is listed.


Those of us who bought 4 months ago on NASD thought we would get dividends for the business done in 2020, alas their was no dividend to declare.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:39am On Oct 26, 2021
Heishere:


That means the best price to enter is less than or equal to N10 going by dividend yield.

This is interesting

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