Nigerian Stock Exchange Market Pick Alerts - Investment (8374) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:21pm On Oct 31, 2024 |
nosa2:Okay |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:35pm On Oct 31, 2024 |
At any point, war or new government policies can shake the economy of any country... If you had put all your eggs in one basket, you will be stranded. But if your portfolio is cross-border, you will have options. You don't need to travel to a country to invest in it. You just need INFORMATION. |
| Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 9:35pm On Oct 31, 2024 |
Divineability:My brother their services are as bad as their very basic web portal. If not that my former analog broker closed shop and decided to port all existing clients to GTI without our consents, wetin for carry me near GTI? |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:36pm On Oct 31, 2024 |
![]() 9free: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:44pm On Oct 31, 2024 |
emmanuelewumi:That cost of sale, plenty choppings dey inside |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:02pm On Oct 31, 2024 |
Agbalowomeri:Yes, it was about 50% for Dangote and Lafarge, but that of BUA was about 70% |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 10:06pm On Oct 31, 2024 |
Princkez: ![]() If to say na before i for don sell based on the guy's N2.50 price prognosis.. i don learn the hard way... don't play ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 11:45pm On Oct 31, 2024 |
GeeKudi:One would have thought they will be minting money given the number of highway jobs they have in different parts of the country. Again those who pushes the price to over 150 know what they see in the business. At year end, they usually turn out excellent audited result though |
| Re: Nigerian Stock Exchange Market Pick Alerts by Omooloriredade: 1:04am On Nov 01, 2024 |
There's a school fee paid in the insurance sector. Some have probably never paid this before. When a company declares a good result one quarter/year, don't assume there will be a repeat in subsequent quarters/years. You might say it's normal but wait, it's actually more pronounced in this sector. Veritas 9mths vs 6mths results is a clear example of this. They can get hit by claims that wipe off previous gains. Some insurance companies are just perennial under-performers in this regard. Not saying Veritas will or won't break out of the rat race. My point is to be cautious with their results and not make unrealistic projections based on one report. Personally, I'd only take short term positions. A few companies like Custodian, Nem and Mansard have found a way around it with diverse and well structured insurance products, sound investment portfolios and business diversification. There's a perennial under-performer that should actually be the leading insurance company in Nigeria but has failed to deliver good returns to shareholders over the years yet it controls a large market share. They are restructuring now and hopefully a new dispensation is dawning. This phenomenon is not the same as the complaint from some regarding GT and JB results. Personally, I don't see any issue with those results. Not all quarters are the same and both companies are on track to surpass previous year's earnings. You can't simply multiply Q1 by 4 to derive earnings for some companies. JB should not be expected to have equal earnings per quarter. Historical earnings pattern should be considered? Disclaimer - This should not be considered as investment advice as I'm not qualified to give one. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Omooloriredade: 1:27am On Nov 01, 2024 |
debeey87:Construction is impacted by wet weather. Managers or companies try to line up most projects for the drier seasons, if possible. Where progress has been impacted by weather events, it's normal to see them playing catch up the following drier months. So expect to see a much better Q4 in my opinion. Obviously, I have assumed that they had weather disruptions on their projects. Disclaimer- Just an opinion. No sentiment or position held. |
| Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:04am On Nov 01, 2024 |
I share similar sentiment.... ![]() I ditched that perennial underperformer last quarter ![]() Omooloriredade: |
| Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:09am On Nov 01, 2024 |
AVA Original copy ![]() https://doclib.ngxgroup.com/Financial_NewsDocs/42567_AVA_INFRASTRUCTURE_FUND-AVA_INFRASTRUCTURE_FUND_QUARTERLY_REPORT_FOR_Q3_2024_CORPORATE_ACTIONS_OCTOBER_2024.pdf yMcy56: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 5:31am On Nov 01, 2024 |
9free:Are you 9jafree? |
| Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 5:41am On Nov 01, 2024 |
nosa2:Although averages can sometimes be misleading—just ask the guy who drowned after being told the average depth of a swimming pool was only 1.5 meters before he dived into its deepest part at 4.5 meters—in this case, averaging may be useful as a low-pass filter. Now, book value per share is essentially a fancier term for equity per share (kind of...). Therefore, EPS divided by book value per share gives us ROE. By averaging ROE over five years and re-substituting it for EPS (now an average), this method makes sense. This doesn’t mean his discount rate or current value calculation wasn’t incorrect (it is an he needs to admit that), but this approach helps smooth out unusual fluctuations in EPS. |
| Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 8:37am On Nov 01, 2024 |
Youngzedd:This man! Are still in this country? |
| Re: Nigerian Stock Exchange Market Pick Alerts by jckgroup1(m): 8:52am On Nov 01, 2024 |
UCAP Bonus alert |
| Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:52am On Nov 01, 2024 |
Ekuu Mkt o ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:54am On Nov 01, 2024 |
yMcy56:i just saw my mention here. i will try and check it ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:56am On Nov 01, 2024 |
Locotrader:superb out as expected ; |
| Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:59am On Nov 01, 2024 |
yMcy56:it will be slow and steady, as we can see mkt forces have tried and fail with many attempt to send it back below 20 ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 9:00am On Nov 01, 2024 |
megawealth01:I try to run this Aradel on my bedsheet and i see a wonderful company going forward. every metrics shows green except ROE and by that d roe still averagely good for a company as big as Aradel. hope i can see better price today to load meanwhile I have been watching closely one insurance company that may likely do custodian price soon ![]() patient is the key ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 9:08am On Nov 01, 2024 |
currentprice:Currentprice ! You don become spirit o |
| Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 9:16am On Nov 01, 2024 |
My UBA no be mm o. Na legit movement to over #30 😀 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Ddll(f): 9:28am On Nov 01, 2024 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 9:29am On Nov 01, 2024 |
9free:Chief I greet you specially. |
| Re: Nigerian Stock Exchange Market Pick Alerts by leparj(m): 9:36am On Nov 01, 2024 |
| Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 9:40am On Nov 01, 2024 |
Toluway:Uncle Tolu, na other stuff take most of my time as i want early retirement like you ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 9:57am On Nov 01, 2024 |
jckgroup1:I never see my own o. |
| Re: Nigerian Stock Exchange Market Pick Alerts by designking: 9:59am On Nov 01, 2024 |
Toluway:UBA is blazing |
| Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:00am On Nov 01, 2024 |
Omooloriredade:Valuable insight. |
| Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 10:01am On Nov 01, 2024 |
Agbalowomeri:But, is the suspension going to be lifted immediately the result is submitted? I think even if they submit the results during market hours, we may not be able to trade the stocks until next week. |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:06am On Nov 01, 2024 |
currentprice:Please give the hint of this insurance coy |
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