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Re: Nigerian Stock Exchange Market Pick Alerts by Tohmey(m): 11:48am On Nov 02, 2022 |
BullBearMkt: BullBearMkt: |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:50am On Nov 02, 2022 |
Dum20: Then it shows brewers have found alternatives. If high cost gets so punitive, people will switch to things that are cheaper. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 12:02pm On Nov 02, 2022 |
Please does anyone know the outcome/new details regarding the derivatives programme for the NSE before it became NGX? |
Re: Nigerian Stock Exchange Market Pick Alerts by Itsrm(m): 12:05pm On Nov 02, 2022 |
Redoil: 80% of MTNs cost of operation is in foreign currency. Equipment is bought in foreign currencies, licenses are renewed in dollars, security patches are bought in dollars, some of their contractors are paid in foreign curencies and most importantly, they buy bandwidth from Orange International Carriers(I believe) in dollars. |
Re: Nigerian Stock Exchange Market Pick Alerts by Redoil: 12:12pm On Nov 02, 2022 |
Itsrm: apart from banks which other stocks in the exchange does not depend on dollars |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:30pm On Nov 02, 2022 |
Itsrm:Yet their figures quarter to quarter continue to impress. Mtn are simply dominant in the nigerian telecoms market. They somehow find a way of pushing the cost to we the subscribers |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:32pm On Nov 02, 2022 |
RabbiDoracle:Yes consumers bear the brunt, but to a certain point. Some items will then become exclusively for few privileged - meaning partial patronage & invariably affect company's booking good profits. |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:34pm On Nov 02, 2022 |
RabbiDoracle:this just mean the company producing original item will suffer while the other company producing cheaper alternative will benefit 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:37pm On Nov 02, 2022 |
Redoil:@Redoil, you are correct jare. Even kidnappers are demanding dollars to free victims |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:44pm On Nov 02, 2022 |
BullBearMkt: Yes, some items will be for those who can afford. Example, I remembered when Aero flight tickets were 5K per trip (PH or Abuja to Lag). Instead of travelling by ABC, you could just take Aero. Later it rose to 15K per trip. Now I heard that during festive period flight tickets got to 100K last year. And it is currently 50K per trip. So gradually people find alternatives instead of flying. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Itsrm(m): 12:51pm On Nov 02, 2022 |
Redoil: Insurance companies? |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:53pm On Nov 02, 2022 |
BullBearMkt: It is normal. If you study inflationary pressure, you will see that it starts from those items that were commonly used or consumed (Say Nestle Milo, Joy Soap, Titus Sardines etc) and when these items get out of range for ordinary people, choices change instantly. People start to bid other items that are not considered at all in the past as an alternative (Say Cadbury Bournvita, Ose dudu, any type of sardine). These alternatives too will start competing in prices with those established brands and people migrate again to yet another lesser alternatives until every food item get out of hand. That is why a smart investor, knowing that inflation is here, quickly starts storing those alternatives before price increases meet them. Or you start buying stocks of those companies that produce these alternatives. Economics is just a social science. 11 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:56pm On Nov 02, 2022 |
Itsrm:...insurance companies also pay their rents in dollars o |
Re: Nigerian Stock Exchange Market Pick Alerts by Itsrm(m): 1:08pm On Nov 02, 2022 |
BullBearMkt: Interesting |
Re: Nigerian Stock Exchange Market Pick Alerts by Redoil: 1:11pm On Nov 02, 2022 |
Itsrm:they are some of the worst stock to invest in 2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:53pm On Nov 02, 2022 |
Ekuu Market o |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:11pm On Nov 02, 2022 |
Agbalowomeri: the company have the cleanest balance sheet on NSE, I admire their back-to-back negative enterprises valued, this could lead to outright buyout of the company in no distance time from where the retails investor will reap beautifully reward for their patience. The company should do more to use their oxygen to improve on the ROE and eps. 7% and 0.40 affecting their share price at d moment. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 2:19pm On Nov 02, 2022 |
$1 to Naira already N870 - N885 E ku market ooooo
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Re: Nigerian Stock Exchange Market Pick Alerts by beejay1(m): 4:49pm On Nov 02, 2022 |
Oando at it again https://doclib.ngxgroup.com/Financial_NewsDocs/37186_OANDO_PLC%20OANDO_PLC__CORPORATE_ACTIONS_NOVEMBER_2022p.pdf 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:25pm On Nov 02, 2022 |
beejay1: Maybe Oando will soon metamorphose from oil firm to law firm 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:34pm On Nov 02, 2022 |
currentprice: The banks are the best place to stay now based on the results released so far. This Gsk tried but can you mention other stocks you considered based on numbers? |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 7:04pm On Nov 02, 2022 |
sterlingD:As for Mansard, did you buy before reconstruction? Are you still holding unto it till date? Before reconstruction: If you bought and didn't sell till date, then the fall in price wouldn't have affected you as such... Reason: ** Before reconstruction , Mansard gave bonus issue of 17:7 (17 new bonus for every 7 held), that was 242% bonus issue declared and gave out..... ** Lets say you have 98,000units.....then your holdings woild have been: (98,000 ÷ 7) x 17 = 238,000 + 98,000 = 336,000units Post reconstruction: ** Nominal value changed from 50kobo to N2.00... ** Reconstruction: 1:4 (1 for every 4 held) - New holdings would then become... 336,000 units ÷ 4 = 84,000units Current Value: 84,000units X 1.60 = N134,400 Previous value: 98,000units X 0.83 = N81,340 *** Assuming you even bought pre-reconstruction @N1.50, your value for 98k units would have been N147,000!! *** Final dividend of 0.25 Kobo paid for 2021 FYE *** Interim Dividend of 0.06k now declared..... *** This paid off more for long termers..... ** Patient investors would benefit more. Better performance, economic recovery, etc may spike price appreciation too ** These were extensively discussed here in 2021** 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 7:26pm On Nov 02, 2022 |
What is happening to Seplat
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Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 8:24pm On Nov 02, 2022 |
OBAGADAFFI: Decline in Oil Production... |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:37pm On Nov 02, 2022 |
Re: Nigerian Stock Exchange Market Pick Alerts by comatekeke: 10:32pm On Nov 02, 2022 |
Willie2015:What's the reason for the decline? |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:50pm On Nov 02, 2022 |
PETERiCHY: 5months GONE more 5 to. GO. BARGAIN HUNTERS TAKE NOTE! *ThE OcToPuS* 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 12:34am On Nov 03, 2022 |
comatekeke: Outages in Key infrastructure and Oil theft Positive is the Amukpe-Escravos Pipeline that lifted 700 kbbls in Octobe for the first time 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 12:53am On Nov 03, 2022 |
OBAGADAFFI: Caused by outages in key infrastructure and Oil theft Effect of the above should be reduced by the commencement of Operation of Amukpe-Escravos Pipeline in October While report looks bad with quarter to quarter basis It gives a different scenario on a 9 months basis... |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 12:54am On Nov 03, 2022 |
[quote author=Willie2015 post=118080788] |
Re: Nigerian Stock Exchange Market Pick Alerts by edwardaigb: 8:35am On Nov 03, 2022 |
Agbalowomeri: This one got me rolling on the floor. |
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 1:13pm On Nov 03, 2022 |
Dividends declared, awaiting payments...✍️ Airtel Aluminium Extrusion AXAMansard Learn Africa NB Nestlé OkomuOil PRESCO PZ Seplat Energy Total 5 Likes 2 Shares |
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