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Nigerian Stock Exchange Market Pick Alerts - Investment (7623) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 11:00am On Feb 29
yMcy56:
OANDO from N9 is sighted back @10.45
Battle for the soul of OANDO.....
Peter will come and tell us how he exited the ones he bought at 10.95 and reloaded @9.

GTB seems to have turned it's back against the bear.......true or false? We'll know as market progresses..... smiley
.

Expecting to see some level of green...
Today is EOM... grin cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:02am On Feb 29

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:06am On Feb 29
Willie2015:
Expecting to see some level of green...
Today is EOM... grin cheesy
Some stocks are already making U-turn.....
Let's see if it's too early to say this.

* The banks are becoming defensive...
* MM defending NESTLE
*TRANSCORP: Volume buyers already resume again..

**Caveat: Pls do not take as any form of advice. You're the CEO of your portfolio**
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:08am On Feb 29
yMcy56:
To quote some people get as e be o.
Make b.o.t. no come ban me... cheesy


When some Ogas finish loading, they'll come and tell us how charts are turning +ve and fish out good news. lipsrsealed



Sis leave matter for another day.When the time comes and they don't justify the new position with what has changed from the FA of those companies. I go leave oga for one side tell them my mind,lol.Na results I dey wait now and less talk

Loco how your side and hammering from increment in your new biz.Una no wan make poor man dey chop bread again,lol

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 11:20am On Feb 29
KarlTom:
CHAMPION! grin

https://doclib.ngxgroup.com/Financial_NewsDocs/Champion_Breweries_-_EnjoyCorp_acquires_Champion_Breweries.pdf
Do you hold Champion shares? @Locotrader, are you seeing the update on your champion? I did some digging and i am seeing a name associated with this EnjoyCorp Ltd which is Ehimare Idiahi.

I dug further and found out the guy is a Venture Capitalist who was also involved in buying Polaris Bank.... Locotrader, ChampionBrew is no longer delisting...........Money must truly be made this 2024/2025 grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 11:24am On Feb 29
KarlTom:
CHAMPION! grin

https://doclib.ngxgroup.com/Financial_NewsDocs/Champion_Breweries_-_EnjoyCorp_acquires_Champion_Breweries.pdf

I suspect it is an akwa ibom state government project cheesy. Interesting times ahead. Heineken would have possibly made a better parent company.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:26am On Feb 29
ProphetUtuocha:
At current prices, Oando and UBA are a steal. They are both oversold. Particularly, I expect Uba to deliver EPS of not less than 15 naira. We may never see these price ranges.

You no dey ever disappoint
Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 11:28am On Feb 29
debeey87:


I suspect it is an akwa ibom state government project cheesy. Interesting times ahead. Heineken would have possibly made a better parent company.
It's not.....Akwa Ibom government bought a 10% stake to ensure her continued support to the investment regardless of the change in leadership of the Government. Anambra state and River state hold stakes in InterBrew.
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 11:29am On Feb 29
222Martins:
Do you hold Champion shares? @Locotrader, are you seeing the update on your champion? I did some digging and i am seeing a name associated with this EnjoyCorp Ltd which is Ehimare Idiahi.

I dug further and found out the guy is a Venture Capitalist who was also involved in buying Polaris Bank.... Locotrader, ChampionBrew is no longer delisting...........Money must truly be made this 2024/2025 grin grin grin

Thank you my brother.
I did a thorough check before investing in champion brew.Raysun must tell us how much they are selling the 86.5% of their shares to Enjoycorp.
Whichever way the minority shareholders who own 3.5% of the shares will make some money whether delisting or no delisting.

Now I live in the East, I have seen a good business which is palm oil production.Right now we are setting up a palm oil mill.This business is taking more of my time.

The bread business is now a partnership business.I can't handle it alone.its doing great

16 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:30am On Feb 29
Deadlytruth:
I thought I am the only one who noticed it. When one looks at its resilience against its scary OS, it becomes clear that there is something big likely to happen about it soon.
Something must be brewing in TRANSCORP....
It refused to participate in yesterday's dumping and refuse to close on full offer!
The volume buyers are in market already again....


Meanwhile, ACCESS @18 from 16+!! shocked
UBA now @21.50 from 19+
FBNH @27

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 11:38am On Feb 29
Locotrader:


Thank you my brother.
I did a thorough check before investing in champion brew.Raysun must tell us how much they are selling the 86.5% of their shares to Enjoycorp.
Whichever way the minority shareholders who own 3.5% of the shares will make some money whether delisting or no delisting.

Now I live in the East, I have seen a good business which is palm oil production.Right now we are setting up a palm oil mill.This business is taking more of my time.

The bread business is a partnership business.its doing great
Whether Raysun sold at a Discount or at a premium, the new owners will do everything possible to increase value of their holding, so as to make a profit..... So it is looking good so far!! After your repeated preaching like Noah and John the Baptist grin grin grin, i snooped around the company a little and jejely secured 10Milion+ Afolabi units.....

Thank you Locotrader for bringing my attention to ChampionBrew grin grin grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 11:47am On Feb 29
222Martins:
Whether Raysun sold at a Discount or at a premium, the new owners will do everything possible to increase value of their holding, so as to make a profit..... So it is looking good so far!! After your repeated preaching like Noah and John the Baptist grin grin grin, i snooped around the company a little and jejely secured 10Milion+ Afolabi units.....

Thank you Locotrader for bringing my attention to ChampionBrew grin grin grin grin grin

NSEMPA why na?? shocked shocked shocked Just now now wey i make this post, person don rush go buy the only available 409,000 units for sale wey i wan buy angry angry angry..........ChampionBrew now on full bid......It's like Christmas came early grin grin grin grin I dey laugh oh
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:51am On Feb 29
SUGAR trying to make U-turn now
Very annoying something...... don't know why MM allowed it to fall that much. sad

Quite some stocks moving to Green zone......

UBA and ACCESS on 🔥
Re: Nigerian Stock Exchange Market Pick Alerts by Boshins: 11:55am On Feb 29
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 11:56am On Feb 29
222Martins:


NSEMPA why na?? shocked shocked shocked Just now now wey i make this post, person don rush go buy the only available 409,000 units for sale wey i wan buy angry angry angry..........ChampionBrew now on full bid......It's like Christmas came early grin grin grin grin I dey laugh oh

Remember it's only 3.5% of the total shares available for trading.
Our people here call it liquid stock but that's the type of stock I always like.stocks with small free float.
When there is positive news on such stocks,na 100% you go see in a short time.
Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 12:00pm On Feb 29

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 12:05pm On Feb 29
yMcy56:
SUGAR trying to make U-turn now
Very annoying something...... don't know why MM allowed it to fall that much. sad

Quite some stocks moving to Green zone...

can the MM actually prevent the price from dropping that much? what do they really do actually?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:08pm On Feb 29
ndept:
https://doclib.ngxgroup.com/Financial_NewsDocs/40402_LAFARGE_AFRICA_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_FEBRUARY_2024.pdf

Dividend of N1.90k from pioneer profit and not subject to WHT
Nice one!
Market is reacting positively to it

That's why it's difficult to time this market!
Chai! And some people still buy this stock @28.80 earlier........was even on full offer then....

UBA now @22.50 ....Up with +N2

It means ZENITH @31 earlier was cheap!

MTNN @220 intra-day......was selling intra-day @202 or so yesterday and earlier today!

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DUNKA(m): 12:19pm On Feb 29
yMcy56:

Nice one!
Market is reacting positively to it

That's why it's difficult to time this market!
Chai! And some people still buy this stock @28.80 earlier........was even on full offer then....

UBA now @22.50 ....Up with +N2

It means ZENITH @31 earlier was cheap!

MTNN @220 intra-day......was selling intra-day @202 or so yesterday and earlier today!
Abeg which stocks do you recommend for now wink
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 12:20pm On Feb 29
yMcy56:

Nice one!
Market is reacting positively to it

That's why it's difficult to time this market!
Chai! And some people still buy this stock @28.80 earlier........was even on full offer then....

UBA now @22.50 ....Up with +N2

It means ZENITH @31 earlier was cheap!

MTNN @220 intra-day......was selling intra-day @202 or so yesterday and earlier today!
Bought some at 200.70. but money no plenty cry

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:24pm On Feb 29
Re: Nigerian Stock Exchange Market Pick Alerts by STOCKPICK: 12:24pm On Feb 29
BabsO2:


However note. The only risk I see of a bank or broker holding the bonds on one's behalf is the bonds are in their name (and they managed it as a mini fund sort of). Thus it's good to buy through a reputable broker or solid bank and not one that can fold up. Also one needs to keep his or her records for proof purposes.

Thank you Sir. I will go by this. I currently use Access Bank which is one of the biggest and best
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:27pm On Feb 29
Siri!
Sing me "The Land Is Green..." grin
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:31pm On Feb 29
Nothing is as painful as seeing an insane deal and no funds... undecided cry

Ginalex:
Bought some at 200.70. but money no plenty cry
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 12:32pm On Feb 29
KarlTom:
Nothing is as painful as seeing an insane deal and no funds... undecided cry

heart wrenching
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:32pm On Feb 29
DUNKA:
Abeg which stocks do you recommend for now wink
My Oga, pls let the FA/TA gurus give us a pointer on this....
This market dey fear me to mention anyone o.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:36pm On Feb 29
KarlTom:
Nothing is as painful as seeing an insane deal and no funds... undecided cry
Honestly!! angry
...I was looking at quite some stocks when market opens and just wishing in my mind!

Imagine ACCESS @16 something....
ZENITH 31 something.....
FCMB @7.20 or so
SUGAR@50
Even JAPAUL 1.83.......
Quite a lot

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DUNKA(m): 12:38pm On Feb 29
yMcy56:

My Oga, pls let the FA/TA gurus give us a pointer on this....
This market dey fear me to mention anyone o.
It is well madam this one wey even the Gurus dey fear grin
Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 12:43pm On Feb 29
yMcy56:

My Oga, pls let the FA/TA gurus give us a pointer on this....
This market dey fear me to mention anyone o.
A whole Iyaloja General grin. Fear Not. You are always up to the task

Seriously sha, the government is fond of coming with one policy or the other to depress market for just a little while. Remember CBN policy was released at interval after Q2 result that depress market for a day or two. But then, heaven will not fall, market will still weather the storm somehow.

Just like I said yesterday, we should always try to study market breadth to know when to buy and sell sha.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:44pm On Feb 29
DUNKA:
It is well madam this one wey even the Gurus dey fear grin
Lol. Lots of gbelo gbebo in the market.
If to say you asked when market first open....
But if you don't mind picking NASCON @54/55 or Sugar @ CP sha....OR keep eye on the price mvmt from there...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:47pm On Feb 29
ndept:
A whole Iyaloja General grin. Fear Not. You are always up to the task

Seriously sha, the government is fond of coming with one policy or the other to depress market for just a little while. Remember CBN policy was released at interval after Q2 result that depress market for a day or two. But then, heaven will not fall, market will still weather the storm somehow.

Just like I said yesterday, we should always try to study market breadth to know when to buy and sell sha.
Lol. You just said it in above post
Inconsistent Govt policies. The other time it was TBills issue, this week's own, MPR rate palaver... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 12:48pm On Feb 29
yMcy56:

Honestly!! angry
...I was looking at quite some stocks when market opens and just wishing in my mind!

Imagine ACCESS @16 something....
ZENITH 31 something.....
FCMB @7.20 or so
SUGAR@50
Even JAPAUL 1.83.......
Quite a lot

Very tough decision ....
to start pickin...
Unless u are a money bag...

3 Likes

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