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Nigerian Stock Exchange Market Pick Alerts - Investment (7320) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 2:49pm On Oct 27, 2023
hisexcellency34:
What is cooking in Lafarge Wapco?

cooking?

abi it should be , WHAT'S BEING EATEN
Re: Nigerian Stock Exchange Market Pick Alerts by hayyawithme: 3:07pm On Oct 27, 2023
What is cooking on UACN?

Maybe heading to kilometer N20.
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 3:19pm On Oct 27, 2023
crownprince2017:
Mcy I just want to say thank you on cwg recommendations and others I bid so low but I was surprised about the appreciation before the close of the market. I bidded at 6.94 although didn't get all the quantity I wanted but I am happy with the quantity they got for me.

Thank you in bunches, thank Mr Emma, presco is moving in the right direction as u have predicted.

Stock I pointed here when it was selling at 88kobo.you didn't find it attractive then.The stock attained 8.77 some days ago and now you bidded at below #7 and trade executed.This means you are trying to catch a falling knife.Pray it doesn't roll back to below #4 because this Q3 result can't justify the price which it is currently selling.You should have waited till it gets to bargain zone.Anyway,I wish you the best .

9 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 3:39pm On Oct 27, 2023
Watch out Sunu Assurance for a very sharp rise.@ customstreet,I have confirmed this stock.one of your recommendations.You are doing very well sir

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 4:08pm On Oct 27, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 5:01pm On Oct 27, 2023
crownprince2017:
Mcy I just want to say thank you on cwg recommendations and others I bid so low but I was surprised about the appreciation before the close of the market. I bidded at 6.94 although didn't get all the quantity I wanted but I am happy with the quantity they got for me.
Just came online now and say make I check what's up in the forum, then saw this and the reply to it from Loco.

Don't be discouraged for picking at that spot, even if it comes back again to that junction after going up, pick more if you have the means of doing so and be patient.
You'll sell it with nothing less than +50% gain at the right time......... result or no result, FA or no FA.
Na so I tell someone when it touched 3 or thereabout, but didn't buy I guess, by now, he would have been sitting on over +100%

Besides, Q3 is not yet released.

* Told you I didn't see anything in FMN for now, hope you can see it yourself in market.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 5:10pm On Oct 27, 2023
hayyawithme:
What is cooking on UACN?

Maybe heading to kilometer N20.

I see UACN hitting N18 before 32nd December.
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 5:13pm On Oct 27, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 5:25pm On Oct 27, 2023
yMcy56:

Just came online now and say make I check what's up in the forum, then saw this and the reply to it from Loco.

Don't be discouraged for picking at that spot, even if it comes back again to that junction after going up, pick more if you have the means of doing so.
You'll sell it with nothing less than +50% gain at the right time......... result or no result, FA or no FA.
Na so I tell someone when it touched 3 or thereabout, but didn't buy I guess, by now, he would have been sitting on over +100%

Besides, Q3 is not yet released.

* Told you I didn't see anything in FMN for now, hope you can see it yourself in market.

Something that closed on full bid and no offer today. I mean cwg.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 5:28pm On Oct 27, 2023
Somebody should help us touch light vfd report abeg..
Re: Nigerian Stock Exchange Market Pick Alerts by Bizibi(m): 6:00pm On Oct 27, 2023
BabsO2:


See results of PRESCO, a company with strategy of exploiting local comparative advantages to create wealth. See how shareholder funds is growing. See how profits are growing.
https://doclib.ngxgroup.com/Financial_NewsDocs/39678_PRESCO_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

While useless companies like Cadbury are leaning on oil and gas forex instead of growing their own forex. Cadbury in its Q3 eroded more than two thirds of Shareholder funds due to their bad strategy of not exploiting Nigeria's comparative advantage in Cocoa production.
if em continue to slack a new player will definitely overtake em.
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 6:06pm On Oct 27, 2023

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 7:24pm On Oct 27, 2023
Locotrader:
https://doclib.ngxgroup.com/Financial_NewsDocs/39703_CUSTODIAN_INVESTMENT_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

I saw the name had to go through before sabbath start grin
impressive result (cash equivalent, earnings, retained earnings, contingency reserve,etc) for a cash cow like Custodian .Big ups to the management running a tight ship and sealed lip on most of their deals.

**It will be interesting to see how/when the investment /mgt team show their thought of future projections through their investment in their joint ventures , acquisition in Real estate investment outside UPDC, commercial papers and corporate bonds.
*** More room for growth on Life insurance Premium. This will be challenging based on generational perception of life insurance, but over time, if any insurance coy can do it, Money will be on Custodian.
Impressive year, go close the 4th qtr without fumbling the bag.. Well done Madam johnson and her team!!!!

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 7:55pm On Oct 27, 2023

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:38pm On Oct 27, 2023
vacanci:
https://doclib.ngxgroup.com/Financial_NewsDocs/39689_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

profit almost 300% compared to 9 months 2022

wow
What alhaji is cooking will be very delicious before final year results.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:35pm On Oct 27, 2023
PAT OF SOME 17 COMPANIES RELEASED...

1. BERGER = +142.06%
2. CADBURY = -463.64%
3. CAP = +17.39%
4. CUSTODIAN = +105.75%
5. DANGOTE CEMENT = +30.24%
6. FBNH = +158.97%
7. FLOURMILLS = -249.49%
8. HONYFLOUR = +40.49%
9. MORISON = +25.42%
10. MRS = +335.44%
11. NASCON = +281.96%
12. NEM = +31.89%
13. NESTLE = -207.26%
14. PRESCO = +47.80%
15. STANBIC = +97.95%
16. TOTAL = -13.67%
17. UPDC = +63.77%

TRADE and/or INVEST WISELY...

7 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 11:42pm On Oct 27, 2023
COMPANIES WITH NEGATIVE PAT

1. CADBURY = -463.64%
2. FLOURMILLS = -249.49%
3. NESTLE = -207.26%
4. TOTAL = -13.67%

5 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by Kreos44: 6:27am On Oct 28, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by Yoast: 7:22am On Oct 28, 2023
Kreos44:
https://businessday.ng/business-economy/article/these-9-stocks-to-sell-off-as-msci-kicks-nigeria-out-of-frontier-index/
The stocks include
DANGCEM (Dangote Cement)
MTNN
GTCO
Zenith
Seplat
Stanbic
Nestle
NB (Nigerian Breweries) and
BUA Cement

Wahala no dey finish

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 8:58am On Oct 28, 2023
Yoast:

The stocks include
DANGCEM (Dangote Cement)
MTNN
GTCO
Zenith
Seplat
Stanbic
Nestle
NB (Nigerian Breweries) and
BUA Cement

Wahala no dey finish

Nigeria exchange has its own mind.
watch as these select stocks do the opposite by next week. You will wonder why this news did not affect them. I think this news would have been more effective if we have a lot of FPI heavily invested in these stocks.

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 10:08am On Oct 28, 2023
Market going up from Monday oooo.
Don't let anyone bias your mind.
Make sure you lay your hand on any of the stocks with good Q3.Xmas is coming earlier than expected.
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:38am On Oct 28, 2023
Locotrader:
Market going up from Monday oooo.
Don't let anyone bias your mind.
Make sure you lay your hand on any of the stocks with good Q3.Xmas is coming earlier than expected.

A strong November rally will be good. Many stocks are still relatively under priced looking at simple PE & P/B ratios. Also Nigeria and Africa still remains a strong growth area compared to the developed world.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 11:27am On Oct 28, 2023
BabsO2:


A strong November rally will be good. Many stocks are still relatively under priced looking at simple PE & P/B ratios. Also Nigeria and Africa still remains a strong growth area compared to the developed world.

Q2 interim dividend is out ...
Q3 results are almost out...
Nothing to excite the market after point 1& 2...
Till Santa Claus rally..
November is historically bearish...
We need pull backs...
To reload for Santa Claus and the New year,,, cheesy grin
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:43am On Oct 28, 2023
FIRST BANK
PAT Year to date 30 Sept 2023: 236,416
PAT Yeat to date 30 Sept 2022 : 91,202
Percentage profit increase: +159%!!

Yet, another good one from FBNH cool

https://doclib.ngxgroup.com/Financial_NewsDocs/39702_FBN_HOLDINGS_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 12:58pm On Oct 28, 2023
Willie2015:


Q2 interim dividend is out ...
Q3 results are almost out...
Nothing to excite the market after point 1& 2...
Till Santa Claus rally..
November is historically bearish...
We need pull backs...
To reload for Santa Claus and the New year,,, cheesy grin

November is historically bearish gang waiting for Santa, here are a few select stocks I just checked their history for November last year

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 1:05pm On Oct 28, 2023
vacanci:


November is historically bearish gang waiting for Santa, here are a few select stocks I just checked their history for November last year

More

Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 1:15pm On Oct 28, 2023
vacanci:


Nigeria exchange has its own mind.
watch as these select stocks do the opposite by next week. You will wonder why this news did not affect them. I think this news would have been more effective if we have a lot of FPI heavily invested in these stocks.
Couldn't have been better said. NSE is a very anomalous market.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Emndy(m): 1:29pm On Oct 28, 2023
Willie2015:


Q2 interim dividend is out ...
Q3 results are almost out...
Nothing to excite the market after point 1& 2...
Till Santa Claus rally..
November is historically bearish...
We need pull backs...
To reload for Santa Claus and the New year,,, cheesy grin

Your portfolio can't be bearish if you are well positioned in the "DangoteFood" bus oo. This November na bullish bull o

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 2:01pm On Oct 28, 2023
Emndy:


Your portfolio can't be bearish if you are well positioned in the "DangoteFood" bus oo. This November na bullish bull o

Nov is almost here! grin
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 2:10pm On Oct 28, 2023
vacanci:


November is historically bearish gang waiting for Santa, here are a few select stocks I just checked their history for November last year

Nov is almost here...
Picking selected stocks in a single year, 2022 is not a good yardstick...
Bt...Lets see how far it goes... grin angry

2 Likes

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