Nigerian Stock Exchange Market Pick Alerts - Investment (10454) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 1:32pm On May 02 |
..you won't make heaven ppogba: |
| Re: Nigerian Stock Exchange Market Pick Alerts by edwardaigb: 1:34pm On May 02 |
Wapco dividend dropped yesterday night. God, thank you. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 1:45pm On May 02 |
I wish to clarify that I am not OGG. I was one of the earlier users on this platform, operating under a different moniker at the time. Along with others, I held the view that this space should remain a free and open forum, one where we could all unwind, share honest market analysis, and exchange sentiments without commercial pressures. It was following a strongly worded contribution I made (which some likened to a “GB54-style bunker buster”) that OGG gradually stepped back from the thread. With the benefit of hindsight, I regret the tone and impact of that intervention. I extend my sincere apology to him, wherever he may be. I have no doubt that he is doing very well and continues to sit comfortably on a substantial portfolio. This platform has since evolved into the valuable, tension-relieving, and insightful community we all enjoy today, and I’m grateful for its continued existence in its current form. MODESTY2024: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:52pm On May 02 |
| Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:53pm On May 02 |
Look at how ETI and ACCESS stated their Q1. UBA needs no correction as they are not entangled with any Tier 1 USD equity instrument. I have not looked at WEMA, but the last I recall they have no dollar equity instrument patch. aj8:ETI Q1 Profit after tax 197,528 Attributable to: Ordinary shareholders 128,336 Other equity instrument holder 5,066 Non-controlling interests 64,125 ACCESS Q1 Profit attributable to: Equity holders of the parent entity 200,526 Non-controlling interest 38f 16,011 Profit for the period 216,537 Access lumped up what ordinary shareholders are entitled to with what Tier 1 equity instrument holders are entitled to together and labeled it as Equity holders of parent entity. This will cause erroneous overstatement of EPS of shareholders. The Tier 1 equity bond ($500m) holders are intitled to an interest payment of 9.125% per annum. A more accurate EPS estimate should deduct 500*1450*0.09125/4 = NGN 16,539m from the Q1 profit before computing a more accurate earnings per of (200526-16539)/53317.838433 = NGN 3.45 For your PE of 5 common sense estimate Access Valuation becomes. 3.45*4*5=69. Because of too much uncertainty on the health of their acquisitions don't think they deserve the same PE as UBA. So corrected EPS for Shareholders for ACCESS Q1 = N3.45 Your PE of 5 estimate for Access should value it at N69 But Access deserves a fair of PE of 4 if other banks are 5 that is common Sence value of 55.2 ![]()
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| Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 1:56pm On May 02 |
For to suffer is gain. All say "aye." ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:59pm On May 02 |
You no well ![]() Agbalowomeri: |
| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 2:04pm On May 02 |
Agbalowomeri: ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 2:05pm On May 02 |
@alfajohn Thank you for your comment, but I believe there’s no need to escalate the matter. Everyone here enjoys the same right to privacy and anonymity on this faceless forum. I’m a free citizen of Nigeria with nothing to hide, but I choose to remain faceless for personal reasons, primarily because of the unpredictable nature of people and the unfortunate prevalence of malice in our world today. For the record, I frequently delete monikers and deliberately deleted the email associated with this one, no traces nor do i know the email ID again. My online interactions are also routed through an added security. These are simply precautionary steps I take for my own peace of mind. I have no interest in trading threats with you. Let’s keep this space civil. I’m here simply to unwind, share genuine experiences, and hopefully inspire at least one person toward financial independence, nothing more. Wishing you well. alfajohn: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:30pm On May 02 |
alfajohn:Why haven't they been able to locate terrorist and kidnappers with it |
| Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 3:38pm On May 02 |
naturalflow:You are quite observant. I thought I was the only one seeing this. Since, they know that no dividend would be paid, they find a way of mopping up the shares. You that don't know their gimmick would think that something is about to happen because of quantity you see that is involved. As quantity traded soars higher, price is bound to move. That was why Access that had been stagnant for a while gained N1 to close at N27. This is called market makers/ market movers( i hope i got that correctly MM, whatever). Just like Megawealth01 would say and I quote: "The game is game" Nothing will save Access from losing 10% on Monday. No matter the debate here. But, i may not be certain for Tuesday. This banks are just taken one for granted. It is high time i divest my holding into manufacturing, pharmaceutical, industrial, food & beverages, telecommunications and the agricultural sectors. Enough is enough. I still remain a dividend investor. |
| Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:38pm On May 02 |
ppogba:That BLISSFUL moment one COCKS his GUN 🔫 and PATIENTLY wait for ACCESS BANK @ circa #15 ![]() BARGAIN HUNTERS TAKE NOTE!
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| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 3:44pm On May 02 |
PETERiCHY:Haba ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 3:46pm On May 02 |
nedu666:EDUECO don "na papa bora" ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:51pm On May 02 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:53pm On May 02 |
PETERiCHY:See joker.Though I hate what the bank represents. It won't go even #23.. It will balance around #25 after few days |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:01pm On May 02*. Modified: 4:16pm On May 02 |
Whr is oando results. I am interested in the q1 results Based on street sense. I need to add to my oando holdings. Seplat and aradel can't be on this all time high and onado has remained at one spot Sugar has turned the corner so it is only oando that is remaining to do same in my portfolio |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:28pm On May 02 |
Una talk say I get too many shares for many COYs that I should trim it to maybe 10 or so jonnysessy: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:31pm On May 02*. Modified: 5:13pm On May 02 |
ACCESS won't pay interim so we should be looking at 6 naira too ![]() PETERiCHY:6 naira share price for those asking ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Yemy3m: 4:38pm On May 02 |
| Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:45pm On May 02 |
SP or FY DIV? megawealth01: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Ladygracy: 5:33pm On May 02 |
I noticed zenith holding showing on the AGM link is less than what I have? How do I rectify this |
| Re: Nigerian Stock Exchange Market Pick Alerts by Ladygracy: 5:35pm On May 02 |
Akanmbi:same issue |
| Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 5:47pm On May 02 |
megawealth01:I didn't say that o. In fact, how can I say that when I have 35 companies in my portfolio and still counting. The best I can do for the one I don't fancy any more is just leave it there, while I accumulate the favoured ones. ![]() Lesson learnt: Diversification is the order of the day. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 6:02pm On May 02 |
https://www.youtube.com/watch?v=DhhyOsqgDm8?si=8nXCHMk6HrOca3EN Overview of Q1 2026 earnings from the brewery space. |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:06pm On May 02 |
No wahala ![]() jonnysessy: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 6:08pm On May 02 |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 6:59pm On May 02 |
Nigeria’s leading payments platform, OPay Digital Services Ltd., has enlisted Wall Street heavyweights Citigroup, Deutsche Bank, and JPMorgan Chase to lead its planned initial public offering in the United States, according to people familiar with the matter. Source: Business Day.. Disdain for NGX |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 7:00pm On May 02 |
| Re: Nigerian Stock Exchange Market Pick Alerts by nathanjnr(m): 7:07pm On May 02 |
For the newcomers in the house: Please repost the audiobooks and any other materials that could help us catch up. aj8: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 7:40pm On May 02 |
SonofElElyonRet:And love for Forex |
| Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 8:34pm On May 02 |
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