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Nigerian Stock Exchange Market Pick Alerts - Investment (7541) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:33am On Jan 29, 2024
yak:
https://nairametrics.com/2024/01/28/record-breaking-ngx-a-stockfish-market/


Hmmmmm!
Whoever is "Duke of Shomolu" seems to have overlooked the true essence of the stock market.

While macroeconomics does play a significant role in influencing the stock market, it is far from the sole determinant of market movements. Factors like supply and demand, company-specific news, geopolitical events, and even investor sentiment can have a major impact on stock prices and the index invariably.
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:49am On Jan 29, 2024
RichEstate:
Word of God confirmed this that there'll always be poor in the land* And my advise is, DON'T LET THAT BE YOU! POSITION YOURSELF.
I love this line sir... Really thought provoking. Permission to copy it and quote you please?
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 7:21am On Jan 29, 2024
debeey87:
Great result from Berger paints. I wonder how they're able to rake in over 166ml from onboarding new distributors (over 700% increase from FY 2022 of just 21mln).

Also, the company has a large free float of over 60% (small outstanding shares though) but still very illiquid.
Doesn't seem to me that the results justify any price increase based on eps but nse defies logic.
Are we to expect a significant rise in price of Berger paintshuh
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 7:32am On Jan 29, 2024
BullBearMkt:
Whoever is "Duke of Shomolu" seems to have overlooked the true essence of the stock market.

While macroeconomics does play a significant role in influencing the stock market, it is far from the sole determinant of market movements. Factors like supply and demand, company-specific news, geopolitical events, and even investor sentiment can have a major impact on stock prices and the index invariably.
grin grin grin grin grin
If had written that the market would gain 5% in the next few days, nobody would have responded to him.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:33am On Jan 29, 2024
BullBearMkt:
Whoever is "Duke of Shomolu" seems to have overlooked the true essence of the stock market.

While macroeconomics does play a significant role in influencing the stock market, it is far from the sole determinant of market movements. Factors like supply and demand, company-specific news, geopolitical events, and even investor sentiment can have a major impact on stock prices and the index invariably.
grin grin grin grin grin
The market is forward looking.
By the time the macros come right, market has already priced it in
Re: Nigerian Stock Exchange Market Pick Alerts by RichEstate(m): 7:45am On Jan 29, 2024
Please do our dear Dr.
DrAwo:
I love this line sir... Really thought provoking. Permission to copy it and quote you please?
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 8:39am On Jan 29, 2024
Harvestock01:
If had written that the market would gain 5% in the next few days, nobody would have responded to him.
I want to believe there are people on the forum who shared some of the writers opinion.. Howeve, with the bull gangs in full force, any contrary opinion will be in like manner shut down.,
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 8:58am On Jan 29, 2024
Harvestock01:
If had written that the market would gain 5% in the next few days, nobody would have responded to him.
...making such assertion about the market without reasonable evidence is unlikely to convince data-driven individuals. It's as simple as ABC - Always Back Claims with data
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 9:08am On Jan 29, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 9:18am On Jan 29, 2024
BullBearMkt:
...making such assertion about the market without reasonable evidence is unlikely to convince data-driven individuals. It's as simple as ABC - Always Back Claims with data
grin grin grin grin grin
Wrong...
it is ABCD - Always Back Claims with Data
grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 9:25am On Jan 29, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 9:27am On Jan 29, 2024
Mfunkynation:
Wrong...
it is ABCD - Always Back Claims with data
grin grin
...now ABC
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Tpharell: 9:32am On Jan 29, 2024
BullBearMkt:
...making such assertion about the market without reasonable evidence is unlikely to convince data-driven individuals. It's as simple as ABC - Always Back Claims with data
grin grin grin grin grin
There is clear correlation between the banking stocks bull and the fx revaluation of last year. Do you need any evidence for that?
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 9:36am On Jan 29, 2024
Tpharell:
There is clear correlation between the banking stocks bull and the fx revaluation of last year. Do you need any evidence for that?
...you want to read the thread and fully grasp the discussion? cheesy
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 9:49am On Jan 29, 2024
SonofElElyonRet:
Doesn't seem to me that the results justify any price increase based on eps but nse defies logic.
Are we to expect a significant rise in price of Berger paintshuh
Making over 100% increase in turnover definitely justifies price increase. I am just examining the drivers of the increase in PAT of which the onboarding of new distributors plays an important part.

Whether price will increase or not, the market will decide that. Overall dividend might be up to 1.5(0.20k already paid as interim) given their history of dividend payout ratio.
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 9:53am On Jan 29, 2024
which stocks will be on Full Bid today?
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 10:14am On Jan 29, 2024
essentialone:
which stocks will be on Full Bid today?
You don't want to listen to the Duke of Shomolu? OYO is your name
Re: Nigerian Stock Exchange Market Pick Alerts by USAfall2024: 10:16am On Jan 29, 2024
So Otedollar that pushed DangCement to #694 don't want to increase his stake again? Abeg make he do fast mop all this full offers cos me too want to jump from this bus and find Banking Stock wey go give me better dividend yield grin.

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:29am On Jan 29, 2024
Oando is really doing well today.
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 10:33am On Jan 29, 2024
@Locotrader, Mercy and Ors.

I listened again to one of the presentations by the MD of Multiverse and I concluded that they need to raise his so called "patient capital" to take advantage of the opportunity that they have identified. My issue however is what would be the most probable mode of capital raising - RI, PO, Placement or a mixture of all the above?

The company's outstanding shares is very low (below 500 million) and issuing additional one billion shares shouldn't be a problem.

I don't currently own the shares of Multiverse but I have my eyes on it provided there are more clarity.
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:36am On Jan 29, 2024
PETERiCHY:
Finally WE are BREAKING the #16.50k BARRIER 🚧. WATCHOUT 👀 for BREAKOUTS.

BARGAIN HUNTERS TAKE NOTE cool
OANDO currently on FULL BID @#13.80k 🎉
DESTINATION = #500
TIME FRAME = 12mths
USD = #1420
Meanwhile 98% of OANDO earnings is in USD

BARGAIN HUNTERS TAKE NOTE

Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 10:38am On Jan 29, 2024
Mpeace:
Oando is really doing well today.
Too early to call. The closing price on Friday would provide a clearer indication of where it is headed
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:47am On Jan 29, 2024
USAfall2024:
So Otedollar that pushed DangCement to #694 don't want to increase his stake again? Abeg make he do fast mop all this full offers cos me too want to jump from this bus and find Banking Stock wey go give me better dividend yield grin.
All offers @694 mopped!!
Now sighted @700 intra-day!
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
OANDO on full bid @13.80!
Insiders knows what we don't know yet.....probably..
Where's Megawealth that says it's going back to 7 and all the naysayers?

JAPAUL: Successfully crossed the N3 line.......sighted on full bid earlier.......some offers show face........pickup still ongoing...... smiley

The person that says it won't see full bid midday on Friday must have been disappointed by now....
Impostor driver lipsrsealed ....Market always have a mind of its own,,nobody can accurately predict the market all the time.

Re: Nigerian Stock Exchange Market Pick Alerts by defebe: 11:00am On Jan 29, 2024
yMcy56:
OANDO on full bid @13.80!
Insiders knows what we don't know yet.....probably..
Where's Megawealth that says it's going back to 7 and all the naysayers?

JAPAUL: Successfully crossed the N3 line.......sighted on full bid earlier.......some offers show face........pickup still ongoing...... smiley

The person that says it won't see full bid midday on Friday must have been disappointed by now....
Impostor driver lipsrsealed ....Market always have a mind of its own,,nobody can accurately predict the market.
Mention the name of the person na...You wan start vawulence on a Monday morning
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:01am On Jan 29, 2024
yMcy56:
OANDO on full bid @13.80!
Insiders knows what we don't know yet.....probably..
Where's Megawealth that says it's going back to 7 and all the naysayers?

JAPAUL: Successfully crossed the N3 line.......sighted on full bid earlier.......some offers show face........pickup still ongoing...... smiley

The person that says it won't see full bid midday on Friday must have been disappointed by now....
Impostor driver lipsrsealed ....Market always have a mind of its own,,nobody can accurately predict the market.
PADI mi. I didn't say it will go low to 7 naira oooooo... Nobi me be Mr Market

How was your weekend?
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:01am On Jan 29, 2024
grin grin
defebe:
Mention the name of the person na...You wan start vawulence on a Monday morning
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:02am On Jan 29, 2024
megawealth01:
PADI mi. I didn't say it will go low to 7 naira oooooo... Nobi me be Mr Market

How was your weekend?
I dey o.
Ok sorry, maybe it was a mix up grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:04am On Jan 29, 2024
yMcy56:
I dey o.
Ok sorry, maybe it was a mix up grin
You na my personal person...

One LOVE 💕
Re: Nigerian Stock Exchange Market Pick Alerts by nairavsdollars(f): 11:14am On Jan 29, 2024
Oando...judgement loading...
essentialone:
which stocks will be on Full Bid today?
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 11:16am On Jan 29, 2024
yMcy56:
I dey o.
Ok sorry, maybe it was a mix up grin
"O mercy mercy me
Things ain't what they used to be"
Song by Marvin Gaye... mercy mercy me
Good morning grin
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 11:18am On Jan 29, 2024
grin
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