₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,328,858 members, 8,437,699 topics. Date: Thursday, 02 July 2026 at 10:27 AM

Toggle theme

Nigerian Stock Exchange Market Pick Alerts - Investment (8321) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (15964110 Views)

1 2 3 ... 8318 8319 8320 8321 8322 8323 8324 ... 10704 Reply (Go Down)

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 8:44pm On Oct 23, 2024
grin
While I keep coming here to look for the same thing

KarlTom:
I don refresh Corporate Disclosure tire... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Blaqq2: 8:53pm On Oct 23, 2024
according to my calc afriprud seems undervalued?
am i on the right path?
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 9:02pm On Oct 23, 2024
Blaqq2:
according to my calc afriprud seems undervalued?
am i on the right path?
speak on papa
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:08pm On Oct 23, 2024
OandO

Aside the NAOC acquisition, all we have to run with is 2023 data. The UFS 2023 has already given us a clue of the coy direction.
This is the singular reason why I am bullish about OandO.

I understand the antecedents of OJT but OandO is out of whatever quagmire they used to be...

Every mallam to his kettle...

Sunrisepebble:
How do the solve the negative equity is my question
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 9:24pm On Oct 23, 2024
grin
Blaqq2:
NB is looking sweett cheesy cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 10:01pm On Oct 23, 2024
Where is Oando's result?

Be wise
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 10:06pm On Oct 23, 2024
Blaqq2:
NB is looking sweett cheesy cheesy
Sweet with 149billion loss? grin
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:28pm On Oct 23, 2024
godlyguy:
Where is Oando's result?

Be wise
On its way we pray
Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 11:00pm On Oct 23, 2024
Nobody hides a fantastic result?should we be scared?
Re: Nigerian Stock Exchange Market Pick Alerts by naturalflow: 11:02pm On Oct 23, 2024
1hour to go.
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 11:08pm On Oct 23, 2024
Wale can never change....let me go sell my small Oando shares left
Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 11:20pm On Oct 23, 2024
Maybe they want to include Q3 result too grin
Re: Nigerian Stock Exchange Market Pick Alerts by Divineability: 11:23pm On Oct 23, 2024
Same here lo. As i dey refresh Corporate Disclosure, I dey comb this thread.
KarlTom:
I don refresh Corporate Disclosure tire... grin
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:33pm On Oct 23, 2024
Streetinvestor2:
What can not happen in nse does not exist
A stock with eps of #1 is trading at #100 or even more.Nobi juju be dat
Juju is understatement.
Na jujujujujujujujuju
grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:40pm On Oct 23, 2024
Raider76:
With this explanation I wonder if Morgan are third party brokers. When I filled the e-dividend with the registrars of Linkage Assurance they told me I have to fill a transfer form with my brokers because the shares are in my broker's name.
I think it's your signature specimen that is required by the registrar. That's usually the 2nd popular reason for a Share Transfer form.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:47am On Oct 24, 2024
There are exceptions.

UBA was delayed... 😉

naturalflow:
Nobody hides a fantastic result?should we be scared?
Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 3:14am On Oct 24, 2024
Capitas7:
I have been meaning to ask questions about AFRIPRUD (the company) for some time now. From the dividends standpoint, I think they will struggle to pay 50k for FY2023 as in the last two years. Expenses keep diminishing the net earnings, and if I am right, cash reserves increased in Q1 2023 but reduced significantly in Q2 2023. currently at about 21k net earnings at H1, 50k dividend seems impossible at FY.
............

I particularly seek insight about the company's growth and current standing from gurus here. Thanks for all contributions in advance!
Quoted post trimmed for space purposes.

AFRIPRUD Q3 2024 result seems flat again. The quoted post was made in Sept. 2023. Nothing spectacular because the 9M EPS increase from 44k to 67k might not translate into enough cash to save for rainy days or to even pay manageable dividends for FY24. No significant growth in income from operating activities. They make smart investments that help boost the bottomline sometimes, which is commendable, but that also blurs the line between what the real business generates and intervention through financial/money market opportunities.
With an interim already paid, it may be difficult to not dip into retained earnings to have a decent dividend yield this year. There's certainly need for innovation in this venture!
Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 3:25am On Oct 24, 2024
Blaqq2:
according to my calc afriprud seems undervalued?
am i on the right path?
Kindly share what parameters were used to arrive at this? Or the reasons.
The venture is benefitting greatly from the low cost of sales that it's businesses enjoy. Things would have been worse otherwise. Simple metrics such as revenue growth, earnings growth, etc.have not been looking good for some time.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:32am On Oct 24, 2024
Ginalex:
Sweet with 149billion loss? grin
Looking sweet for "awon oni gbese" grin
Re: Nigerian Stock Exchange Market Pick Alerts by Blaqq2: 6:51am On Oct 24, 2024
Share price / EPS

Capitas7:
Kindly share what parameters were used to arrive at this? Or the reasons.
The venture is benefitting greatly from the low cost of sales that it's businesses enjoy. Things would have been worse otherwise. Simple metrics such as revenue growth, earnings growth, etc.have not been looking good for some time.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:06am On Oct 24, 2024
Capitas7:
Kindly share what parameters were used to arrive at this? Or the reasons.
The venture is benefitting greatly from the low cost of sales that it's businesses enjoy. Things would have been worse otherwise. Simple metrics such as revenue growth, earnings growth, etc.have not been looking good for some time.
The CEO that was doing wonders in AFRIPRUD was hijacked for UCAP.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 7:15am On Oct 24, 2024
Ginalex:
Sweet with 149billion loss? grin
Lol.
The irony of it is that lots of accumulation has been ongoing in NB for the past few days/weeks now.....
In yesterday's market alone, over 37M units were crossed/picked up @N28
The volume accumulations has been much recently, maybe it's the parent company mopping or a new investor, we don't know yet.

NB: Not any form of advice anyway, just observation.

Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 7:23am On Oct 24, 2024
Ginalex:
Sweet with 149billion loss? grin
I am presently trapped in the shared.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 7:36am On Oct 24, 2024
yMcy56:
Lol.
The irony of it is that lots of accumulation has been ongoing in NB for the past few days/weeks now.....
In yesterday's market alone, over 37M units were crossed/picked up @N28
The volume accumulations has been much recently, maybe it's the parent company mopping or a new investor, we don't know yet.

NB: Not any form of advice anyway, just observation.
Why is it just accumulation and not distribution? People sold 1 billion worth of shares, and other people bought those same shares worth 1 billion. It's not clear who is right here - the sellers or the buyers. If you have reasons showing that the sellers were wrong, please share them.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 7:55am On Oct 24, 2024
ositadima1:
Why is it just accumulation and not distribution? People sold 1 billion worth of shares, and other people bought those same shares worth 1 billion. It's not clear who is right here - the sellers or the buyers. If you have reasons showing that the sellers were wrong, please share them.
The seller has become a born again. Therefore beer is now haram and decided to sell off....lol.This can be a reason to see the seller as wrong
Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 8:03am On Oct 24, 2024
Blaqq2:
Share price / EPS
I'll think that the share price/dividends (dividend yield) of some banks (at least UGAZ and FF) are even more attractive than the share price/EPS of AFRIPRUD. Even if they pay the entire EPS which would mean dipping into retained earnings to supplement their free cash flow for the year, I don't think the stock is competitively attractive at current price.

Although PE is very far from enough information to determine if a stock is rightly valued, I just shared my view by using exactly the parameter you used.
Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 8:06am On Oct 24, 2024
Agbalowomeri:
The CEO that was doing wonders in AFRIPRUD was hijacked for UCAP.
Sad! This is not good for some of us who are relying on the past glory of the company.
I really appreciate the pointer, sir.
Re: Nigerian Stock Exchange Market Pick Alerts by Redoil: 8:22am On Oct 24, 2024
in the game of the jungle only the animal with big mouth eat first and throw crombs to the rest.

the bigger and biggest boys in the game where able to access and sell theirs first. Send a formal and stong complaint to SEC so as to avoid such in future
KarlTom:
Sadly I am yet to access my ARADEL units... sad
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 8:43am On Oct 24, 2024
yMcy56:
Lol.
The irony of it is that lots of accumulation has been ongoing in NB for the past few days/weeks now.....
In yesterday's market alone, over 37M units were crossed/picked up @N28
The volume accumulations has been much recently, maybe it's the parent company mopping or a new investor, we don't know yet.

NB: Not any form of advice anyway, just observation.
Na to dey observe till the new bride, of any, is unveiled grin
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 8:44am On Oct 24, 2024
KarlTom:
There are exceptions.

UBA was delayed... 😉
UBA must have been delayed by the N2 interim dividend bang, that must have been challenged seriously by the CBN.
I pray it's dividend payment works that's delaying Oando too grin
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:52am On Oct 24, 2024
@oga Emma. Pls what do you think should be the ideal cash flow from the total value of a portfolio at the beginning of the year in percentage .This is without any stock appreciation or depreciation that could happen within the same yr on the portfolio
Trying to use it to really gauge my portfolio balancing I have been doing
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:54am On Oct 24, 2024
Oand I knew you will default on 23 results but it should not exceed this October month
1 2 3 ... 8318 8319 8320 8321 8322 8323 8324 ... 10704 Reply

Nigerian Stocks To Buy - 2025 Best Performing StocksFree Stock Market Pick Alert For All Investors Globally!!!Dangote Resumes As President Of Nigerian Stock Exchange234

Viewing this topic: Morounofolu, omosuji(m), Allboiz, SmartNYSC, presiade(m), Greattom, reezee, Rmichael23, Testimonies777(m), ayfuntua(m), Ocallen, hancock(m), opadiya, megawealth01 and 15 guest(s)