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Nigerian Stock Exchange Market Pick Alerts - Investment (7560) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (15983035 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 7:30am On Feb 01, 2024
Hogwarthtrades:
havoc caused? except i totally misread the circular, seem like a reasonable regulatory requirement for forex trading exposure.


addendum :- to be added shortly
My thoughts exactly! Just another regulatory requirement to "control" overexposure, directly and indirectly in the interest of shareholders. 1a and 1d summarize the regulation. Maybe it will make the balance sheet of for example, Access bank (the one with many babies all over the planet) more complicated moving forward.
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 8:54am On Feb 01, 2024
AIICO- 32.2% growth in revenue.
Copied from Meritrade analytics.
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 9:18am On Feb 01, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:20am On Feb 01, 2024
Toluway:
https://www.vanguardngr.com/2024/01/femi-otedola-appointed-as-chairman-fbn-holdings/

Otedola don collect First time Bank at last.
Yeah... That's the battle since oooooo
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:30am On Feb 01, 2024
Toluway:
https://www.vanguardngr.com/2024/01/femi-otedola-appointed-as-chairman-fbn-holdings/

Otedola don collect First time Bank at last.
Make e favour we shareholders .let him push the price enter #50
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:32am On Feb 01, 2024
This market has been a huge blessing to me... I said one day I might have to tell my story has I've done in FACED PLATFORMS... If you ask those that know me in person...

The stock market crash affected me that year but you see when I rolled back years later penny stocks got me back on track and I'm grateful to JESUS for abundance wealth... I've told alot of people my strategies on building WEALTH privately... I believe in long term investments and I have my personal strategies... I use penny stocks to accomplish that... Not forgetting the HUGE BLESSINGS of CRYPTOCURRENCY especially in 2021...

I follow just two persons here when it comes to growing WEALTH in this market for long-term... One of them always catches cruise but you can always wait for his buying/investment strategies... The other one resides in Lagos... I plan when I return to NAIJA we will see in person if he grants my REQUEST...

Why I'm I saying what I am saying is... If you are here just don't give up... If you bought a stock especially a good one don't rush to sell off rather leave it as FUTURE INVESTMENT...

Like I always say during bull market any stock can give you fast money but once there is a shake you could be trapped which is why you have to define why you are in any stock...

May NIGERIA SUCCEED!!!
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:40am On Feb 01, 2024
The recent CBN moves can swing anywhere oh. For a low gdp per capita it can probably swing badly oh. But you know what, export-exposed firms are good on the NSE that's for sure oh!!
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:48am On Feb 01, 2024
aj8:
Can we please discuss the CBN circular on Harmonization of Reporting Requirements on Foreign Currency Exposures of Banks ? Considering the havoc it caused.
It will not cause any havoc. It will only reduce banks exposure to above stipulated percentage of forex allowed. Thereby making more dollars available....supply.Then again this is nigeria whr we don't play by the rules. The banks are part of the people holding the dollars and speculating on it.Have you wondered why you go to banks to withdraw from your dom account and they tell you we don't have dollars or can only give you 100-200 dollars. At the end of the day they offload it at bdc.Dollars way na you go deposit for your dom account.
Re: Nigerian Stock Exchange Market Pick Alerts by Shalom428: 9:52am On Feb 01, 2024
Price is emotional, value is more stable. No pressure if you know the value of what you are buying or what you have bought.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:58am On Feb 01, 2024
Streetinvestor2:
It will not cause any havoc. It will only reduce banks exposure to above stipulated percentage of forex allowed. Thereby making more dollars available....supply.Then again this is nigeria whr we don't play by the rules. The banks are part of the people holding the dollars and speculating on it.Have you wondered why you go to banks to withdraw from your dom account and they tell you we don't have dollars or can only give you 100-200 dollars. At the end of the day they offload it at bdc.Dollars way na you go deposit for your dom account.
Naira to dollar is now about N1350 to $1
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:05am On Feb 01, 2024
Transcorp lost 10% this morning.
Must stabilize today around 12 ,my predictions
Re: Nigerian Stock Exchange Market Pick Alerts by dapix: 10:08am On Feb 01, 2024
Locotrader:
Transcorp lost 10% this morning.
Must stabilize today around 12 ,my predictions
Expecting same for most stocks today. The downturn yesterday, appears to affect major markets in the world
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:12am On Feb 01, 2024
emmanuelewumi:
Naira to dollar is now about N1350 to $1
Are you sure.is it black market or official
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:17am On Feb 01, 2024
Streetinvestor2:
Are you sure.is it black market or official
Official o.. I like the idea of the free market from CBN, but effect on the masses huh
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:19am On Feb 01, 2024
Streetinvestor2:
Are you sure.is it black market or official
Check it out

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 10:20am On Feb 01, 2024
Locotrader:
Transcorp lost 10% this morning.
Must stabilize today around 12 ,my predictions
People made a killing with transcorp.. some bought below N1 and are still holding... read between the lines my dear Loco

Modified: hope you are right though .. for the sake of the market as a whole
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:22am On Feb 01, 2024
Toluway:
https://www.vanguardngr.com/2024/01/femi-otedola-appointed-as-chairman-fbn-holdings/

Otedola don collect First time Bank at last.
Seems First Bank don make U-turn from the bear due to this news.... smiley
All offers cleared...
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 10:25am On Feb 01, 2024
yMcy56:
Seems First Bank don make U-turn from the bear due to this news.... smiley
All offers cleared...
could first bank help the other banks to come out of their red status today?

we wait and see
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:26am On Feb 01, 2024
SonofElElyonRet:
People made a killing with transcorp.. some bought below N1 and are still holding... read between the lines my dear Loco

Modified: hope you are right though .. for the sake of the market as a whole
Market is making a u- turn from Monday.
Today and tomorrow for stability
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:28am On Feb 01, 2024
More good results released fromdifferent companies........

Many Penny stocks released great and improved results.....
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:33am On Feb 01, 2024
yMcy56:
Seems First Bank don make U-turn from the bear due to this news.... smiley
All offers cleared...
I expected some defence on UBA at 22 shocked, let us see what the end of the day brings.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:35am On Feb 01, 2024
Locotrader:
Market is making a u- turn from Monday.
Today and tomorrow for stability
I said it and strongly believe it.let see by monday
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:37am On Feb 01, 2024
Zagee:
I expected some defence on UBA at 22 shocked, let us see what the end of the day brings.
My na #20 and up it goes to #30
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 10:41am On Feb 01, 2024
I'm I seeing double...FBNH on full bid....
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:44am On Feb 01, 2024
vacanci:
Could first bank help the other banks to come out of their red status today?

we wait and see
Let's wait and see...,..
Some reversing the shedding gradually........but let's wait and see what the afternoon brings......
Make e no be like say person dey fight market.... smiley

New Gold @118,000! Up with +102,000 shocked
Wetin dey happen for there?
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 10:48am On Feb 01, 2024
yMcy56:
Let's wait and see...,..
Some reversing the shedding gradually........but let's wait and see what the afternoon brings......
Make e no be like say person dey fight market.... smiley

New Gold @118,000! Up with +102,000 shocked
Wetin dey happen for there?
opened at N15,800. almost 650% day gain? i am lost here
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:50am On Feb 01, 2024
yMcy56:
Let's wait and see...,..
Some reversing the shedding gradually........but let's wait and see what the afternoon brings......
Make e no be like say person dey fight market.... smiley

New Gold @118,000! Up with +102,000 shocked
Wetin dey happen for there?
You sef see that gold?? I thought it was an error oh. It tells alot. Make I dey observe first...
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
GT and ZEE:
Cleared the red......

First Bank helping the banks ministry..... smiley


*Caveat: Do not take as any form of advice*
Re: Nigerian Stock Exchange Market Pick Alerts by ekkywolex(m): 10:51am On Feb 01, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 10:52am On Feb 01, 2024
Zagee:
You sef see that gold?? I thought it was an error oh. It tells alot. Make I dey observe first...
some banks don dey recover o.

GTB and Zee on green now

those 2 and FBNH can help others. early buyers might turn out lucky.

until close of business anything can still happen
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:53am On Feb 01, 2024
vacanci:
some banks don dey recover o.

GTB and Zee on green now
And FBNH has been on full bid with just 2m. I be chief observer today o...
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 10:55am On Feb 01, 2024
Zagee:
And FBNH has been on full bid with just 2m. I be chief observer today o...
crazy market indeed. This kind market you fit come see some banks join First bank on Full bid today
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