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Nigerian Stock Exchange Market Pick Alerts - Investment (7394) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:48am On Dec 04, 2023
Yoast:

I think NGX is resetting prices after close to a decade of price stagnancy in most stocks. For instance, I just saw that Zenith bank was sold for around N25 in June 2014. So the price pattern for next year may be unusual. Fingers crossed.

And you didn't see when it sold for N10 in 2020?πŸ˜‚

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Redoil: 9:23am On Dec 04, 2023
ositadima1:


Save the screenshot and the date. If God wills it, we will discuss this further in 2025. grin grin grin
and when it become profitable they will then buy out the minority shell holders for pea nuts Save the screenshot and the date. If God wills it, we will discuss this further in 2025
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 9:26am On Dec 04, 2023
Redoil:

and when it become profitable they will then buy out the minority shell holders for pea nuts Save the screenshot and the date. If God wills it, we will discuss this further in 2025

Half full and half empty grin
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:27am On Dec 04, 2023
Redoil:

and when it become profitable they will then buy out the minority shell holders for pea nuts Save the screenshot and the date. If God wills it, we will discuss this further in 2025


They say, "a trader eats what he kills" grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 9:39am On Dec 04, 2023
Agbalowomeri:
December/January high chance of continued bull run.

February to your tent O Israel

Chief agbo greetings,noted
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:00am On Dec 04, 2023
Agbalowomeri:


And you didn't see when it sold for N10 in 2020?πŸ˜‚

That was capitulation, plain and simple!

"Investors, drowning in fear and pessimism, threw in the towel and sold their holdings en masse.

But amidst the chaos, opportunity whispers to the contrarian investor. They see this capitulation event as a buying signal, believing the extreme negativity has already factored in most of the bad news. However, pinpointing the precise moment is a delicate dance, as the market might still have a few swan dives before hitting rock bottom."
cheesy

Copied...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 10:02am On Dec 04, 2023
from Morgan Capital:

Dear Esteemed Client,


This is to inform you that the trading platform (iTrade) is undergoing some maintenance at the moment.
Kindly send us your transaction mandates to info@morgancapitalgroup.com to enable us execute them in house.

Our sincere apologies for any inconvenience caused.

Thank you for choosing MorganCapital Securities Limited.


Regards,

MorganCapital Securities Limited
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:03am On Dec 04, 2023
Morgan wants me to log-in to a certificate expired webhost.
10am. Don't they understand cyberspace vulnerability
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:05am On Dec 04, 2023
kolaish:
from Morgan Capital:

Dear Esteemed Client,


This is to inform you that the trading platform (iTrade) is undergoing some maintenance at the moment.
Kindly send us your transaction mandates to info@morgancapitalgroup.com to enable us execute them in house.

Our sincere apologies for any inconvenience caused.

Thank you for choosing MorganCapital Securities Limited.


Regards,

MorganCapital Securities Limited

Acting like they were not aware of the timeframe to mitigate Certificate Expiration. Na wa oh
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 10:06am On Dec 04, 2023
Zagee:
Morgan wants me to log-in to a certificate expired webhost.
10am. Don't they understand cyberspace vulnerability

That's why the warning is there for you to see. If you login, it is at your own risk and not Morgan capital
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:12am On Dec 04, 2023
vacanci:


That's why the warning is there for you to see. If you login, it is at your own risk and not Morgan capital
Why should that site be down on a working day?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:18am On Dec 04, 2023
DUNKA:
https://westafricaweekly.com/unity-bank-fraud-an-unfolding-story-of-nigerian-corporate-malfeasance/
Recent events has overtaking this in my opinion......
It resumed at day's high in market....1.68...few offers on ground now.....

* You asked if it's good for pick?
It pulled back to 1.31 last week, you for don ask this question then.....
* Providus is merging or buying high stake in UNITY, we dont know the price yet but if you're a risk taker you can buy some, watch out for bargain entry and buy some...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:24am On Dec 04, 2023
DUNKA:
Good for short play of 3 to 6 months? Also looking at TIP, Dangote Sugar,Unity bank and JApaul. Any suggestions?
* Dangsugar good for pick....
* NASCON good for pick.....
JAPAUL: for risk takers........
* TIP: I've not really looked into this as such, but you can check the post of Aj8 and do your DD or copy him, let him shed some light on it for you.
UNITY: I don answer you above.
JAIZ: If you can get at 1.50/1.60.......and you're ready to wait it out......if you don't have patience, leave am. smiley

*DD pls......if you know how to do it*

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Phlinx: 10:26am On Dec 04, 2023
Zagee:

Why should that site be down on a working day?

Atlass Portfolios is up and running. It uses Folio too and It even provides a Watchlist of up to 15 stocks.
Commissions are the same in total
Re: Nigerian Stock Exchange Market Pick Alerts by rossoneri(m): 10:30am On Dec 04, 2023
yMcy56:

Recent events has overtaking this in my opinion......
It resumed at day's high in market....1.68...few offers on ground now.....

* You asked if it's good for pick?
It pulled back to 1.31 last week, you for don ask this question then.....
* Providus is merging or buying high stake in UNITY, we dont know the price yet but if you're a risk taker you csn buy some, watch out for bargain entry and buy some...

Agreed. Article on Unity seems doa...
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:31am On Dec 04, 2023
Phlinx:


Atlass Portfolios is up and running. It uses Folio too and It even provides a Watchlist of up to 15 stocks.
Commissions are the same in total
Live market data?
Re: Nigerian Stock Exchange Market Pick Alerts by Phlinx: 10:39am On Dec 04, 2023
Zagee:

Live market data?

They use same Folio app like Morgan does

#Twins

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 10:42am On Dec 04, 2023
aj8:



NNFM target is close. Will offload once it attains N40.00 . A price above N40.00 though possible , will not influence my holding on to the stock. I will only consider re-entry if EPS for Q3 is above N8.00 but will re-enter only if price drops below N25.00.


I sold NNFM today at 39.60. Profit 103%. Best to sell when within target. Stick to your plan unless it’s now part of a new plan.

Recall how we started. See strategy below. Bought at N19.50

6 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:51am On Dec 04, 2023
In fact, Mr. Market self knows that Morgan clents are not in market.... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:54am On Dec 04, 2023
yMcy56:
In fact, Mr. Market self knows that Morgan clents are not in market.... grin
Morgan is bigger than this thing they are doing oh. Tell them o

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 10:54am On Dec 04, 2023
yMcy56:
In fact, Mr. Market self knows that Morgan clents are not in market.... grin

Na only you i dey wait to get updates. E just be like say person go blind

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:57am On Dec 04, 2023
Zagee:
Live market data?
Yes.
ITrade exactly like Morgan........but fees is the difference, and maybe customer relations (Don't know how responsive and efficient).
Morgan seems to have the lowest fees in the industry, coupled with good customer relations.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 11:05am On Dec 04, 2023
yMcy56:
In fact, Mr. Market self knows that Morgan clents are not in market.... grin
This time next year, it will repeat itself! Not ideal at all.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:10am On Dec 04, 2023
vacanci:
Na only you i dey wait to get updates. E just be like say person go blind
Market is trading Normal so far.......
With some looking up .....

Neimeth: ....@2.02, 2.05 full bid ......up with +18k...
MECURE: touched 14 intra-day with small units but currently trading at last closing price......
UNITY: @1.64/1.68 range........up with 10/14k from last closing....
MULTIVERSE: Up with 40k and above.......
Banks: Still trading @ last closing prices.....

* The way they're buying AIRTEL, it seems e wan enter the 2k region by all means self.......just my opinion. smiley
* GTCO @39.30 .......Up with +20k as at now...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 11:15am On Dec 04, 2023
Mecure grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:27am On Dec 04, 2023
aj8:



My common sense target for TIP is N1.92. Range N1.92-N2.40. Bought some on Friday @ N1.01 . Will buy more only below this price.


Still a bit confused boss. Why are you multiplying the EPS by 16?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:28am On Dec 04, 2023
thebargainhunte:
Mecure grin grin grin
If you want to capture the whole bid/offer table, place your cursor (or finger if it's phone) on the tiny Excel lines that separate the columns and drag them in slowly, closer..........that is, for each separate column

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 11:33am On Dec 04, 2023
yMcy56:

Market is trading Normal so far.......
With some looking up .....

Neimeth: ....@2.02 ......up with +18k...
MECURE: touched 14 intra-day with small units but currently trading at last closing price......
UNITY: @1.64/1.68 range........up with 10/14k from last closing....
MULTIVERSE: Up with 40k and above.......
Banks: Still trading @ last closing prices.....

* The way they're buying AIRTEL, it seems e wan enter the 2k region by all means self.......just my opinion. smiley


Thank you
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:36am On Dec 04, 2023
Heishere:


Still a bit confused boss. Why are you multiplying the EPS by 16?

To estimate annual EPS for his growth formula, he simply takes the EPS of the best quarter and multiplies it by four. Then, he multiplies that number by another four to account for his projected growth. I'm just explaining this approach, not endorsing it as right or wrong.

grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Zegra: 11:42am On Dec 04, 2023
seyisanya:
This time next year, it will repeat itself! Not ideal at all.
Things like this happened when you don't have a competent IT team. lipsrsealed lipsrsealed

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Payunsin: 11:58am On Dec 04, 2023
How far with GSk court ordered meeting?
Can the exit price be increased?
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 12:07pm On Dec 04, 2023
Zegra:

Things like this happened when you don't have a competent IT team. lipsrsealed lipsrsealed

The IT team might be competent but request for funding to secure the infrastructure may suffer setbacks

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