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Nigerian Stock Exchange Market Pick Alerts - Investment (7103) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:29pm On Jul 06, 2023
Zagee:
Being thinking about AfCFTA effects on NSE cool and ACCESS and Cement Boys came to mind
could be a good inheritance for a 3 year old.
Jan, 2021 (my random thought)

Some time this week, UBA signed a $6m deal with AfCFTA on promoting MSMEs. Hopefully they reap the harvest in 3-5 years time.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:32pm On Jul 06, 2023
Mcy56:
GTB: don dey "gbe body" .......@33 now......
ZENITH: @26.20........
ACCESS: ........up with 15kobo .....@9.30
UBA: ........sighted at 9.05....

My ogaz I don dey post your favourite ooo........but you go allow make I post my penny stocks too...... grin
The ogas are inside penny stocks two years later... I was the most attacked by even loco
Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 12:35pm On Jul 06, 2023
megawealth01:
The ogas are inside penny stocks two years later... I was the most attacked by even loco
Why were you attacked @megawealth01??
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:35pm On Jul 06, 2023
Ginalex:
I jumped in yesterday. I consider it a "baby MRS or Conoil"
MRS @90!!
CONOIL don dey gbe body enter 100+
Las las ETERNA go close the gap the more..... grin

UBA and ACCESS are just so sluggish today...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:37pm On Jul 06, 2023
megawealth01:
The ogas are inside penny stocks two years later... I was the most attacked by even loco
Lol.
You know that your own no dey get any reason to back it up at all...

Which year's post did you copy/paste? Lol.
The post must be some years back when GTB first rallied......before it fell all the way from 34/38 to 16.80/17......
Now it's back at that arena! Wow!! NSE! grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:47pm On Jul 06, 2023
Mcy56:

Lol.
You know that your own no dey get any reason to back it up at all...

Which year's post did you copy/paste? Lol.

Nothing as changed... I always gamble and they all dey enter 200%-500% or even more self
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:49pm On Jul 06, 2023
ogoo4real:

Why were you attacked @megawealth01??
I was buying penny stocks like Champions, CHAMS, Japaul, FTN to mention but a few

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 12:49pm On Jul 06, 2023
megawealth01:
I bought many then at 0.20k check my signature to know when exactly
Gat you. Enjoy your loot!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 1:05pm On Jul 06, 2023
Mcy56:

MRS @90!!
CONOIL don dey gbe body enter 100+
Las las ETERNA go close the gap the more..... grin
My bullion van is parked outside grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by lexy2lexy: 1:23pm On Jul 06, 2023
It seems some people don’t want WAPCO to cross N30
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:33pm On Jul 06, 2023
Transcorp Hotel follow collect license to import fuel.Fromv7 plus to meet wapco/dan sugar and over taking. Have they moved into another line of business. Pls SA guys any information

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:35pm On Jul 06, 2023
reucom:
This is getting interesting isn't it?
Lol. You can see more reason you needed to exercise enough patience here.
FBNH is getting serious attn @19...
.....and IF it's Otedola that is increasing his stakes, then expect FBNH to go up the more....

* More than N86 billion transactions done so far......
Or....maybe it's the Foreign Portfolio Investors sha....we don't know yet...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by goody234: 1:46pm On Jul 06, 2023
This bull shaking nah wah there must be some insider trading going on with some companies
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 1:47pm On Jul 06, 2023
surely inside go follow dey. some have seen Q2 books.
goody234:
This bull shaking nah wah there must be some insider trading going on with some companies
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 1:53pm On Jul 06, 2023
Mcy56:

FCMB and FIDELITY.......
FCMB @5.95, FIDELITY @8.11....

why the huge difference between FCMB and Fidelity. FCMB earns more profit than Fidelity if I remember. Whats the market capitalization of both of them
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:05pm On Jul 06, 2023
Mcy56:

Lol.
You know that your own no dey get any reason to back it up at all...

Which year's post did you copy/paste? Lol.
The post must be some years back when GTB first rallied......before it fell all the way from 34/38 to 16.80/17......
Now it's back at that arena! Wow!! NSE! grin

This market is patience... You know I bought many penny stocks back then left them for cryptocurrencies... Only to check back last month ending and beholding wonders

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:06pm On Jul 06, 2023
goody234:
This bull shaking nah wah there must be some insider trading going on with some companies
Emphatic YES

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:07pm On Jul 06, 2023
ebuka1997:


why the huge difference between FCMB and Fidelity. FCMB earns more profit than Fidelity if I remember. Whats the market capitalization of both of them



Did you consider the outstanding shares of both banks
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:09pm On Jul 06, 2023
ogoo4real:
Dangsugar @27.40 waooo



Something that is still going to N40

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Bbbwings: 2:11pm On Jul 06, 2023
emmanuelewumi:



Something that is still going to N40
Thanks for recommendation.
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 2:17pm On Jul 06, 2023
emmanuelewumi:



Did you consider the outstanding shares of both banks

No, I haven't done a deeper analysis. Just going off similar rated companies like GT and Zenith
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:20pm On Jul 06, 2023
megawealth01:
DANGOTE pumping his thing grin



Probably people have seen the half year financial performance of the company

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:27pm On Jul 06, 2023
emmanuelewumi:



Probably people have seen the half year financial performance of the company
MAYBE
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:32pm On Jul 06, 2023
Very difficult to have a company with a Return On Equity of 20% and above that did not achieve that through financial leverage.

Dangote Sugar Return On Equity for 2022 was 32%. Yet the company had a net cash position.

Dupont analysis of the company Return On Equity, shows that Asset turnover and profit margin were the core contributors to the good ROE of the company, which is a quite good

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 3:27pm On Jul 06, 2023
remember someone mention a potential merger of dang sugar and nascon to form dangote foods.,
make we dey see.

emmanuelewumi:



Probably people have seen the half year financial performance of the company

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:38pm On Jul 06, 2023
jideflash:
remember someone mention a potential merger of dang sugar and nascon to form dangote foods.,
make we dey see.

Interesting
Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 4:50pm On Jul 06, 2023
Hello masters in the house, as Fcmb and Fidelity bank are gaining momentum, is buying Wema bank @current price of 5.39 a good option?
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:23pm On Jul 06, 2023
ogoo4real:
Hello masters in the house, as Fcmb and Fidelity bank are gaining momentum, is buying Wema bank @current price of 5.39 a good option?
I won't advice you to buy wema sha... That price is a reconstruction or something
Re: Nigerian Stock Exchange Market Pick Alerts by reucom: 5:34pm On Jul 06, 2023
I agree with you!

Mcy56:

Lol. You can see more reason you needed to exercise enough patience here.
FBNH is getting serious attn @19...
.....and IF it's Otedola that is increasing his stakes, then expect FBNH to go up the more....

* More than N86 billion transactions done so far......
Or....maybe it's the Foreign Portfolio Investors sha....we don't know yet...
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:05pm On Jul 06, 2023
megawealth01:
I won't advice you to buy wema sha... That price is a reconstruction or something
Actually, it depends...
* Also depends on how Mr. Market views it or is favourably Sentimental towards it......

* WEMA @5.39 is around N1.35 as at today....
Paid 0.30k as dividend....which was 0.075k/N1.35k share (pre-reconstuction), which is not bad for a coy coming up.

However, if an uninformed person should compare it with FCMB @CP, he/she will want to go for FCMB because of the consistency in div payment and div growth over the years, higher revenue, higher PAT, etc...

** To me, both have their unique chacteristics sha and have tendencies to respond to the forces of demand & supply.

FA gurus can shed more light on the financials....
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:13pm On Jul 06, 2023
jideflash:
remember someone mention a potential merger of dang sugar and nascon to form dangote foods.,
make we dey see.
You're right...
What is possibly driving both may likely be more than financials.......but we don't have the facts yet..
News/rumour tends to influence much more...
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:27pm On Jul 06, 2023
LEARN AFRICA
Final Dividend: 0.25k
Qualification Date: 8th Sept, 2023
Payment Date: 26th Sept, 2023
Registar: First Registrars
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RED STAR EXPRESS
Final Dividend: 0.15k
Qualification Date: 18th Aug, 2023
Payment Date: 15th Sept, 2023
Registrar: APEL
https://doclib.ngxgroup.com/Financial_NewsDocs/38916_RED_STAR_EXPRESS_PLC-CORPORATE_ACTION_CORPORATE_ACTIONS_JULY_2023.pdf

UPL
Final Dividend: 0.10k
Qualification Date: 5th Sept, 2023
Payment Date: 21st Sept 2023
Registrar: Greenwich
https://doclib.ngxgroup.com/Financial_NewsDocs/38900_UNIVERSITY_PRESS_PLC.-CORPORATE_ACTION_CORPORATE_ACTIONS_JULY_2023.pdf

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