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Nigerian Stock Exchange Market Pick Alerts - Investment (7743) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by agbekoya(m): 3:13am On Apr 30
Utalinmou:
House
Please who knows anything about NASD OTC
Is that another stock exchange or what?

Read this
https://www./nasd-vs-ngx-adetayo-adeyemo-aca

Please note I am not the writer and not acquitted with him.

Nasd also have an app on playstore with which you can create an account and trade NASD OTC stocks- which I use. However NASD market is not very exciting at least for now.
Re: Nigerian Stock Exchange Market Pick Alerts by agbekoya(m): 3:21am On Apr 30
Trading NASD through most stockbrokers can be frustrating as liquidity is low and you have to wait for them to place your order 'at their convinience'. If NASD interest you go for their app and trade directly on it but be guided it's not the NGX

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 4:05am On Apr 30
Please, who knows anything about Opay's numbers?: number of customers, total assets, gross/net earnings, total equity etc?

I'm assuming all those are fractions of Access Bank, but they have a $2.7bn compared to $450m for Access

In terms of sustainability, it looks like one of the duo can just be taken out by a single announcement while the other may be too big to fail??
Is going public bad for business??
Re: Nigerian Stock Exchange Market Pick Alerts by Boshins: 5:35am On Apr 30
Willie2015:


If you buy it N1 and below...
Na to sell now...
without any info on why they should sell...una try o...
Re: Nigerian Stock Exchange Market Pick Alerts by Boshins: 5:41am On Apr 30
Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 6:04am On Apr 30
Boshins:
https://nairametrics.com/2024/04/30/breaking-mtn-nigeria-reports-n575-69-pre-tax-loss-in-first-quarter-of-2024/
Nawaoo, a whole MTN reporting a loss. This fx loss due to naira depreciation is a respecter of nobody oo

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by edwardaigb: 6:06am On Apr 30
Good day to all.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sky2891: 6:20am On Apr 30
Choiceguy:


I beg Oando don't need those pple that have to appease the gods like loco in Peter's voice because after that 24th ruling we will no direction of Oando. grin grin
How will it make the direction clearer?
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 7:23am On Apr 30
Princkez:
TRANSCORP will trade above #70 + after reconstruction ....remember os will be 10b

I think it will depend on weather earnings and dividend post reconstruction can support N50 to N70 SP. Reconstruction doesn't necessarily change earnings. So assuming current earnings and dividend policy we will expect a dividend of 40 kobo. Let's say at most N1.0 per share. That is 1.4% dividend return at N70 SP, and 2% at N50 SP. Will the market accept that, or will SP have to fall post reconstruction?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:33am On Apr 30
Raider76:


I think it will depend on weather earnings and dividend post reconstruction can support N50 to N70 SP. Reconstruction doesn't necessarily change earnings. So assuming current earnings and dividend policy we will expect a dividend of 40 kobo. Let's say at most N1.0 per share. That is 1.4% dividend return at N70 SP, and 2% at N50 SP. Will the market accept that, or will SP have to fall post reconstruction?

Still a N5 stock post-reconstruction
Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 7:53am On Apr 30
sky2891:

How will it make the direction clearer?

Anything that makes the judge to rule against the application to join in the suit,then I will believe that Oando is delisting.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by iHaveMadeiT2: 7:54am On Apr 30
Agbalowomeri:


Still a N5 stock post-reconstruction
At least you have shifted from N1. That's a 500% shift
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:15am On Apr 30
Agbalowomeri:


Still a N5 stock post-reconstruction
You made mistake to put naira. Why not kobo.
You go wait tire
Re: Nigerian Stock Exchange Market Pick Alerts by Boshins: 8:17am On Apr 30
2zona:

Nawaoo, a whole MTN reporting a loss. This fx loss due to naira depreciation is a respecter of nobody oo
https://nairametrics.com/2024/04/30/mtn-nigerias-net-forex-losses-rises-to-staggering-n1-39-trillion/

No be small thing o
Re: Nigerian Stock Exchange Market Pick Alerts by Boshins: 8:19am On Apr 30
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:25am On Apr 30
After 4:1 reconstruction of transcorp plc.Tony will manipulate it to #100 like transcorp hotel.....I believe that is the game plan
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:34am On Apr 30
grin grin

iHaveMadeiT2:

At least you have shifted from N1. That's a 500% shift
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:41am On Apr 30

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:41am On Apr 30
iHaveMadeiT2:

At least you have shifted from N1. That's a 500% shift

That's still N1 equivalent in the current scheme😂
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 8:52am On Apr 30
Streetinvestor2:
After 4:1 reconstruction of transcorp plc.Tony will manipulate it to #100 like transcorp hotel.....I believe that is the game plan

No make one moniker catch you for this hopeville analysis grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:59am On Apr 30
thebargainhunte:


No make one moniker catch you for this hopeville analysis grin grin grin
Na if you get person time.when nobi the person money
Re: Nigerian Stock Exchange Market Pick Alerts by LILBIMS: 9:15am On Apr 30
Yes it is , any question ?
Allthelight:
Is trove still legit ? Any answer please.
Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 9:58am On Apr 30
iHaveMadeiT2:

At least you have shifted from N1. That's a 500% shift

He moved from N1 to N1.25. Keyword is post-reconstruction.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Apr 30
Ding! wink grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 10:02am On Apr 30
Boshins:
https://nairametrics.com/2024/04/30/mtn-nigerias-net-forex-losses-rises-to-staggering-n1-39-trillion/

No be small thing o

I think NCC is harming the telecoms sector. They should be called to order. It's clear the current pricing is not cost-reflective. Why is it taking them so long to do the right thing? This is gross ineffectiveness, in my opinion.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:11am On Apr 30
Way the people way wan sell thr sugar....bid don dey now.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:17am On Apr 30
From 84 to 39.

Stay strong all DANGSUGAR faithfuls sad

Streetinvestor2:
Way the people way wan sell thr sugar....bid don dey now.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:21am On Apr 30
KarlTom:
From 84 to 39.

Stay strong all DANGSUGAR faithfuls sad


From 18 to 84 and then to 39 in less than one year, don't distort information with half-truths. tongue

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:26am On Apr 30
ositadima1:


From 18 to 84 and then to 39 in less than one year, don't distort information with half-truths. tongue


By this time next week DANGSUGAR will hit circa #20 which is a BARGAIN ZONE.

BARGAIN HUNTERS TAKE NOTE!

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Adinije(f): 10:27am On Apr 30
Streetinvestor2:
Way the people way wan sell thr sugar....bid don dey now.
I think sugar will find support at around #35.

For those that bought above #60, selling now will be huge loss. Na to just hold and see the end of it.

My 2cents

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:28am On Apr 30
lipsrsealed
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:29am On Apr 30
KarlTom:
From 84 to 39.

Stay strong all DANGSUGAR faithfuls sad

Na your own narrative be that.i didn't go down from 84 to 39 instead I went up to meet #39 and hopefully it could go further .

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