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Nigerian Stock Exchange Market Pick Alerts - Investment (1652) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (15678909 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 9:28pm On Jun 17, 2016
feelamong:
CONFIRMED!!!!! All Deposit Money banks are now PFXDs.!!!!

The party is just starting! cheesy

https://www.thecable.ng/banks-now-free-primary-fx-dealers-says-cbn
Good one... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:32pm On Jun 17, 2016
feelamong:
CONFIRMED!!!!! All Deposit Money banks are now PFXDs.!!!!

The party is just starting! cheesy

https://www.thecable.ng/banks-now-free-primary-fx-dealers-says-cbn
Nice one

Plz read d report from nairametrics on d dollar free float. Its also on tree stockbrokers.com
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 10:14pm On Jun 17, 2016
Sister mercy happy week end, is 10:14 pm
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 10:15pm On Jun 17, 2016
http://www.nse.com.ng/Financial_NewsDocs/14017_ECOBANK_PRESS_RELEASE_CORPORATE_ACTIONS_JUNE_2016.pdf

"A separate Extraordinary Meeting saw various other resolutions passed. With regard to the consolidation of shares, a resolution was passed authorising that the nominal value of the ordinary shares of the company be increased from 2.5 US cents per share to 50 US cents per share. This would be done by consolidating every 20 ordinary shares held into one new ordinary share each, and issuing in replacement, new ordinary shares of 50 US cents each."
Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 10:49pm On Jun 17, 2016
This news isn't on CBN website like the previously released one.
Coolcash1:
Good one... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Dwizeone: 11:19pm On Jun 17, 2016
forbes30:
-----------------------------------------------------------------------------------------------------------------------------------------------
.......................read these books................
Multiple Streams of Income
Book by Robert G. Allen
-----------------------------------------------------
How to Pick Stocks
Frailey, Fred
Published by Kiplinger Books, 1997
ISBN 10: 0812928261 / ISBN 13: 9780812928266
----------------------------------------------------
...after that you would know what to do...............
That's a good one but you could let him know the basics, it's not rocket science may be a private chat will help especially in this anticipated bull era.
Re: Nigerian Stock Exchange Market Pick Alerts by Atk1nson(m): 7:08am On Jun 18, 2016
Anyone with picks on good consumer stocks? They were the ones most affect by forex restriction
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 7:43am On Jun 18, 2016
bigjay01:
http://www.nse.com.ng/Financial_NewsDocs/14017_ECOBANK_PRESS_RELEASE_CORPORATE_ACTIONS_JUNE_2016.pdf

"A separate Extraordinary Meeting saw various other resolutions passed. With regard to the consolidation of shares, a resolution was passed authorising that the nominal value of the ordinary shares of the company be increased from 2.5 US cents per share to 50 US cents per share. This would be done by consolidating every 20 ordinary shares held into one new ordinary share each, and issuing in replacement, new ordinary shares of 50 US cents each."
What are we going to call this move, reconstruction abi na restructuring.
Let me recalculate my ETI shares.
And some oceanic left overs.
Re: Nigerian Stock Exchange Market Pick Alerts by Rexceedo: 7:55am On Jun 18, 2016
kentoto:
Hmmm

Looking at tigerbrand seriously shocked
The volumes are increasing small small. We are all too busy looking at banking stocks. huh

My watchlist done complete be that for next week.
grin grin
Do your DD.

K
I mailed you Sir!
Re: Nigerian Stock Exchange Market Pick Alerts by kentoto: 9:35am On Jun 18, 2016
Rexceedo:
I mailed you Sir!
Rex,

I have replied you sir, grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 9:37am On Jun 18, 2016
GODisfaithful, please wapic sand me dividend and i have not ask them befor the price of there stock or buy there stock why?.
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:10am On Jun 18, 2016
ihedioramma:
Intendy well done job please keep it up one love. but come o, stockbull & Intendy is it two in one or one in two? . lancee JAH BLESS .
ihedioramma:
GODisfaithful, please wapic sand me dividend and i have not ask them befor the price of there stock or buy there stock why?.
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin Pa Ihedioramma is back. ROTFLOL cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by stockbull(op): 10:13am On Jun 18, 2016
ihedioramma:
Intendy well done job please keep it up one love. but come o, stockbull & Intendy is it two in one or one in two? . lancee JAH BLESS .
The spirit has replicated itself and the good work continues....
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 10:26am On Jun 18, 2016
stockbull:
The spirit has replicated itself and the good work continues....
grin grin grin grin JAH BLESS . please can you talk to us more about ETI bank share news more?
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 10:31am On Jun 18, 2016
Manonamission:
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin Pa Ihedioramma is back. ROTFLOL cheesy
Your face look like ....... but who are you and what are you grin?
Re: Nigerian Stock Exchange Market Pick Alerts by Rexceedo: 10:39am On Jun 18, 2016
kentoto:
Rex,
I have replied you sir, grin grin grin
Seen. Reverted also Sir!
Re: Nigerian Stock Exchange Market Pick Alerts by duni04(m): 2:47pm On Jun 18, 2016
Flourmills FYE out next week.
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 4:41pm On Jun 18, 2016
As foreign exchange flexibility programs take off on Monday, June 20th, 2016; know as the banks stand...

Best of luck!

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 5:17pm On Jun 18, 2016
Commercial banks to set naira exchange rate without CBN intervention

http://in.mobile.reuters.com/article/idINKCN0Z324X?irpc=932
Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 6:56pm On Jun 18, 2016
That table is only considering 2 criteria or yardstick. If you factor in the 3rd one which the foreign exchange ish, UBA should be on that list.
Godisfaithful:
As foreign exchange flexibility programs take off on Monday, June 20th, 2016; know as the banks stand...

Best of luck!
Re: Nigerian Stock Exchange Market Pick Alerts by kentoto: 7:10pm On Jun 18, 2016
Rexceedo:
Seen. Reverted also Sir!
Didn't get it oh. Please re send.

K
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 10:34pm On Jun 18, 2016
Bank customers to submit bids ahead of Naira float .
Re: Nigerian Stock Exchange Market Pick Alerts by kentoto: 11:17pm On Jun 18, 2016
Good evening people.

Please who's currently using a windows 10 mobile tablets to run itrade. cos am looking at buying one, been research all day.

i might be going to the feild more so i need to get one ready for the road.

k
Re: Nigerian Stock Exchange Market Pick Alerts by kentoto: 11:21pm On Jun 18, 2016
ihedioramma:
Bank customers to submit bids ahead of Naira float .
Yeah bro, i think they will use the bids to set an opening bid price, with the $4billion demand already waiting am seeing the rate shoot to between N300 -N310 to the $.

Monday don reach oh people. grin grin.

enjoy the night.

k
Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 11:57pm On Jun 18, 2016
Justcul:
with all these analysis, what's the way forward for my dear SKYE? heavy here..
http://nairametrics.com/a-rating-agency-has-revealed-that-skye-bank-could-be-in-serious-trouble/
Re: Nigerian Stock Exchange Market Pick Alerts by kentoto: 1:08am On Jun 19, 2016
nio68:
http://nairametrics.com/a-rating-agency-has-revealed-that-skye-bank-could-be-in-serious-trouble/
1. you either cut your losses quickly if its not too much.

2. buy more if it drops (average down) to when it picks up you ride the baby back up which would be my option sha

3. just leave it and wait.

4. Niger factor - company make a loss , stock price start to go up. grin shocked
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 8:13am On Jun 19, 2016
kentoto:
Yeah bro, i think they will use the bids to set an opening bid price, with the $4billion demand already waiting am seeing the rate shoot to between N300 -N310 to the $.

Monday don reach oh people. grin grin.

enjoy the night.

k
it all be 280$ or below .
Re: Nigerian Stock Exchange Market Pick Alerts by joseph1013: 10:27am On Jun 19, 2016
angelo82:
Its smart to jump in because short term gain is certain.You know most of the stocks will be revalued from next week. grin
What's your take on fcmb?

Yes, you may put the usual caveat.
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 11:00am On Jun 19, 2016
joseph1013:
What's your take on fcmb?

Yes, you may put the usual caveat.
You may have to ask FCMB guys here. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mohr(m): 11:23am On Jun 19, 2016
Happy Father's Day Folks! Wishing Y'all a bullish week ahead.
Re: Nigerian Stock Exchange Market Pick Alerts by spinoff: 11:26am On Jun 19, 2016
A new dawn for the Naira......... how will it effect stocks?

June 17 (Lagos) - On Monday, 20th June 2016, Nigeria will float the Naira for the first time in nearly three decades. Though there will be no official target under the new market structure, analysts at Asset & Resource Management ltd in Ikoyi expect depreciation of up to 40% to N280 to 1 US Dollar.
With most corporates having some level of foreign currency exposure, using net foreign exchange position as at FY 15[1], analysts have reviewed their coverage names to determine the most exposed to Naira weakening and dimension potential impact on 2016F Profit Before Tax.
For banks, looking through net FCY position of our universe, Access stands out with net foreign liability of N174 billion as at FY 2015. Using base scenario (40% depreciation), Access bank ( ACCESS ) could report forex exchange revaluation losses of up to N 70 billion, 30% more than previously expected by the analysts mentioned above for 2016F Profit before tax.
On the flip side, although GTB ( GUARANTY ), First Bank ( FBNH ) and Zenith ( ZENITHBANK ) hold the largest net foreign asset, impact of a Naira depreciation on 2016 Profit Before Tax is most positive for FCMB (nearly 4x) and Fidelity ( FIDELITYBK )(2.3x) according to analysts at Asset & Resource Management Ltd in Ikoyi.
In the oil and gas sector, a depreciation of the Naira is most positive for TOTAL and MOBIL with net foreign assets of N7.8 billion and N3.3 billion respectively while MRS is at the most of risk of reporting a sizeable foreign loss, with net foreign liability of N23 billion.
http://www.easykobo.com/News.aspx?id=19475
Re: Nigerian Stock Exchange Market Pick Alerts by ikofageorge1: 12:20pm On Jun 19, 2016
Happy Sunday to you beloved mercylicious,I'm intending to get serious with stock market trading and I am in need of advice as to which companies are reliable at the moment. I'm planning to invest on medium and long term stock. I'm considering penny stocks and blue chip stocks. IS THERE ANYONE ON THIS THREAD THAT CAN OFFER ANY RELIABLE ADVICE?

God bless Nairalanders !!!
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