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Nigerian Stock Exchange Market Pick Alerts - Investment (8376) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (16002678 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 11:04am On Nov 01, 2024
Aradel price should have stabilized by now and looking to revert. But I am suprised at those still selling down. @sunrisepebble, how many units does that Private Equity firm owns? I suspect they are the ones selling majority of the volumes
Re: Nigerian Stock Exchange Market Pick Alerts by Xidget: 11:04am On Nov 01, 2024
GeeKudi:
I can only imagine the frustrations of those who bought at N800+ and from the look of things, it may go further down.

Times are hard, money is not so easy to come by in the current situation of the economy. Investors are not just going to throw money around until they are sure of what they are buying. It is the reason it appears the market is indifferent to the many calls for bull runs.
Well, most people who bought high are averaging down already. I know someone who have averaged down to #540 at at yesterday. I wish he waited till today, it would have been cheaper.
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:06am On Nov 01, 2024
they own 700m+. Honestly, avoid the stock for now
ndept:
Aradel price should have stabilized by now and looking to revert. But I am suprised at those still selling down. @sunrisepebble, how many units does that Private Equity firm owns? I suspect they are the ones selling majority of the volumes
Re: Nigerian Stock Exchange Market Pick Alerts by USAfall2024: 11:07am On Nov 01, 2024
ojeysky:
What is their dividends qualification date?
20th of November
Re: Nigerian Stock Exchange Market Pick Alerts by MadmaxX489: 11:07am On Nov 01, 2024
designking:
What is Aradel price right now?
Avoid Aradel at the present price. Don’t be misled by the lofty valuations of #700.
Aradel fair value will price is around 150-200 naira.
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:07am On Nov 01, 2024
GTCO and Zenith making me smile grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 11:07am On Nov 01, 2024
ositadima1:
Yeah, there’s nowhere they can’t be used, as long as there is a time series of data points.
I know it can be used anywhere I just dont see the efficacy of using it with EPS
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 11:09am On Nov 01, 2024
Xidget:
Well, most people who bought high are averaging down already. I know someone who have averaged down to #540 at at yesterday. I wish he waited till today, it would have been cheaper.
Averaging down is a very stressful exercise.
Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 11:09am On Nov 01, 2024
Sunrisepebble:
GTCO and Zenith making me smile grin grin
Smart money is taking position. Though I own more GTB than Zenith, Zenith is slightly cheaper at current prices.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:10am On Nov 01, 2024
ndept:
Aradel price should have stabilized by now and looking to revert. But I am suprised at those still selling down. @sunrisepebble, how many units does that Private Equity firm owns? I suspect they are the ones selling majority of the volumes
Lol do you know how many thousand percent people brought from NASD? Even if dem sell am N200, dem still dey hammer dey go grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:10am On Nov 01, 2024
Locotrader:
Oga Cp never like insurance stocks in his life.
This one he has time to check,if numbers is what one can rely on,this coming bull will be led by insurance stocks.
Results are too good
For the stock he is referring to my final answer is Mansard.Just checked the figures again.its good to go.
yMcy56:
You're right.....
MANSARD one of my suspects too 😊
Na we be insurance guru 😁
We wait for his tips too.
correct Mansard is the insurance. though cornerstone also cool but masard is ahead.

on the other side watch out for that Livestock grin

grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 11:11am On Nov 01, 2024
MadmaxX489:
Avoid Aradel at the present price. Don’t be misled by the lofty valuations of #700.
Aradel fair value will price is around 150-200 naira.
I agree with you. Aradel is no where near the fundamentals of Seplat.

Aradel is a light weight and prices might dip more next week. Best option right now is to allow it bottom before buying.
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 11:11am On Nov 01, 2024
MadmaxX489:
Avoid Aradel at the present price. Don’t be misled by the lofty valuations of #700.
Aradel fair value will price is around 150-200 naira.
Chaii!!. This your submission can cause HBP oo embarassed embarassed
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:17am On Nov 01, 2024
nosa2:
I know it can be used anywhere I just dont see the efficacy of using it with EPS
Because EPS fluctuates from year to year, certain years may show a very high EPS due to factors like reduced interest rates or unsustainable revenue jumps. In other years, unfavorable events can pull EPS down. The idea is that an average will smooth out these anomalies and outliers. You’re likely familiar with this concept from stock movements; the same approach applies to physical quantities like temperature, humidity, and more.
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 11:18am On Nov 01, 2024
GeeKudi:
Averaging down is a very stressful exercise.
...have a "mechanical" rule & stick to it!
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by comatekeke: 11:20am On Nov 01, 2024
MadmaxX489:
Avoid Aradel at the present price. Don’t be misled by the lofty valuations of #700.
Aradel fair value will price is around 150-200 naira.
Will it go down to N200.
I bought at a high price but want to average down but I have limited money.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:24am On Nov 01, 2024
Mansard
Renewed interest on the stock.
If that 6m units is broken today,mansard will finally have its way to full trutle

Let's see how far insurance stocks can go
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 11:25am On Nov 01, 2024
GeeKudi:
Averaging down is a very stressful exercise.
Dividend investors in stocks with good fundamentals would enjoy it though
Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 11:26am On Nov 01, 2024
designking:
I agree with you. Aradel is no where near the fundamentals of Seplat.

Aradel is a light weight and prices might dip more next week. Best option right now is to allow it bottom before buying.
the question then becomes
What IF it doesn't bottom out ?
Isn't it better to use the laddering approach to enter the stock IF there is a common consensus that the business is going "somewhere" ?
Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 11:27am On Nov 01, 2024
BullBearMkt:
...have a "mechanical" rule & stick to it!
grin grin grin grin grin
Damn right
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 11:29am On Nov 01, 2024
RodgersAkpafu:
the question then becomes
What IF it doesn't bottom out ?
Isn't it better to use the laddering approach to enter the stock IF there is a common consensus that the business is going "somewhere" ?
Yes, that is what I have been doing. I have been buying 1,000 units every time it dips (10%).

We can't tell for sure if this will continue till ₦200.
Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 11:30am On Nov 01, 2024
ositadima1:
Because EPS fluctuates from year to year, certain years may show a very high EPS due to factors like reduced interest rates or unsustainable revenue jumps. In other years, unfavorable events can pull EPS down. The idea is that an average will smooth out these anomalies and outliers. You’re likely familiar with this concept from stock movements; the same approach applies to physical quantities like temperature, humidity, and more.
I know what you are saying but you are trying to turn an art into a science and it is futile
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:31am On Nov 01, 2024
currentprice:
correct Mansard is the insurance. though cornerstone also cool but masard is ahead.

on the other side watch out for that Livestock grin

grin grin grin grin
Mansard a winning insurance stocks.i agree with you.

Have you checked cileasing before pointing livestock?
Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 11:32am On Nov 01, 2024
designking:
Yes, that is what I have been doing. I have been buying 1,000 units every time it dips (10%).

We can't tell for sure if this will continue till ₦200.
that's interesting

However oil sector is just 5% of my sectoral portfolio allocation
So I can't buy so much
Total and Aradel is competing for that 5%

Cheers
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:37am On Nov 01, 2024
nosa2:
I know what you are saying but you are trying to turn an art into a science and it is futile
Prediction is very much an art. Your valuation of GTCO, for instance, is also an art because you made assumptions to arrive at a specific number. You do have a number in mind that you believe reflects GTCO's value, right? How did you arrive at that number, and what assumptions did you make?

Applying concepts logically is always better than ignoring them (in your case saying it is futile) . Someone who doesn’t calculate and simply assumes GTCO is undervalued is likely to get burned sooner or later if they don’t know where to stop buying. This is just an example to illustrate my point.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:47am On Nov 01, 2024
Locotrader:
Mansard a winning insurance stocks.i agree with you.

Have you checked cileasing before pointing livestock?
have being checking cileasing up to Q2 everything was looking cool until i get to the roe of 4% which is not near my requirement though still selling below it FP

though livestock price has move faster than the latest result but future shows better

grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Babygal2020(f): 11:47am On Nov 01, 2024
Hello my bosses. Please what do you think is the cause of naira appreciation since a few days ago?
I have more than $1k worth but I'm skeptical about converting it to naira.
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:50am On Nov 01, 2024
Naira appreciation, where ?
Babygal2020:
Hello my bosses. Please what do you think is the cause of naira appreciation since a few days ago?
I have more than $1k worth but I'm skeptical about converting it to naira.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:52am On Nov 01, 2024
currentprice:
correct Mansard is the insurance. though cornerstone also cool but masard is ahead.

on the other side watch out for that Livestock grin

grin grin grin grin
Thanks boss.
Means my eyes too dey see road small be that.... grin
Your post bookmarked!
You're right about the Livestock pointer as well Sir.
God bless sir. 😊
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:55am On Nov 01, 2024
grin
Babygal2020:
Hello my bosses. Please what do you think is the cause of naira appreciation since a few days ago?
I have more than $1k worth but I'm skeptical about converting it to naira.
Re: Nigerian Stock Exchange Market Pick Alerts by Babygal2020(f): 11:56am On Nov 01, 2024
megawealth01:
grin
No laugh me abeg. I be woman. We too dey panic ni
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 11:59am On Nov 01, 2024
Babygal2020:
Hello my bosses. Please what do you think is the cause of naira appreciation since a few days ago?
I have more than $1k worth but I'm skeptical about converting it to naira.
It's likely to be short-term (if the Naira appreciates - USDNGN falls)
grin grin grin grin grin
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