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Nigerian Stock Exchange Market Pick Alerts - Investment (1684) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by godlyguy(m): 7:58am On Jul 01, 2016
Happy new month of July... Trade with caution this month, don't panic trade, before committing your hard earned income into any stock ensure to do your DD... HAVE A GREEN AND FRUITFUL SEASON!

THE BIG SMART GUY

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 8:15am On Jul 01, 2016
grin
Re: Nigerian Stock Exchange Market Pick Alerts by Primetech(m): 8:57am On Jul 01, 2016
A bullish July in the offing... Happy New Month (Buly) grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by davide470(m): 9:20am On Jul 01, 2016
Honeywell Flour Mill Plc released its FY2016 result showing a 3.72% year-on-year growth in Revenue, however owing to the surge in cost of sales (11.96%) and operating expenses (18.32%), Profit before taxes and Profit after taxes respectively plunged by 299.98% and 369.92% year-on-year to -NGN2.869bn and -NGN3.024bn in the same order.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:24am On Jul 01, 2016
davide470:
Honeywell Flour Mill Plc released its FY2016 result showing a 3.72% year-on-year growth in Revenue, however owing to the surge in cost of sales (11.96%) and operating expenses (18.32%), Profit before taxes and Profit after taxes respectively plunged by 299.98% and 369.92% year-on-year to -NGN2.869bn and -NGN3.024bn in the same order.

d bears will start with dis one !
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 10:37am On Jul 01, 2016

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 10:40am On Jul 01, 2016
nse.com.ng/Financial_NewsDocs/14118_UNIV._PRESS__-_MARCH_2016_AUDITED_FINANCIAL_STATEMENTS_JUNE_2016.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 10:47am On Jul 01, 2016
hmmm, some1 is tryin to keep ucap @2.48 by buyin 10,50 unit wen it drop to 2.40
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:50am On Jul 01, 2016
davide470:
Honeywell Flour Mill Plc released its FY2016 result showing a 3.72% year-on-year growth in Revenue, however owing to the surge in cost of sales (11.96%) and operating expenses (18.32%), Profit before taxes and Profit after taxes respectively plunged by 299.98% and 369.92% year-on-year to -NGN2.869bn and -NGN3.024bn in the same order.
.

BLOOD OF SATAN.. !!!
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 10:51am On Jul 01, 2016
angelo82:
http://nairametrics.com/dont-miss-buy-sell-recommendation-ten-commercial-banks/

Monkey hunters or snake oil dealers........Time will tell! grin

Me i will keep buying up UBA until Elumelu tell me he has sold to J P Morgan... cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:54am On Jul 01, 2016
feelamong:


Monkey hunters or snake oil dealers........Time will tell! grin

Me i will keep buying up UBA until Elumelu tell me he has sold to J P Morgan... cheesy

grin
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 10:57am On Jul 01, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 11:11am On Jul 01, 2016
Godisfaithful:
http://www.nse.com.ng/Financial_NewsDocs/14127_OANDO_PLC_-_DEC_2015_AUDITED_FINANCIAL_STATEMENTS_JULY_2016.pdf

http://www.nse.com.ng/Financial_NewsDocs/14121_HONEYWELL_-_MARCH_2016_AUDITED_FINANCIAL_STATEMENTS_JUNE_2016.pdf

This is serious...Oando going concern is seriously under threat. This means the company may die if urgent steps are not taken by shareholders to salvage it. No wonder Wale and his gang didn't release the accounts on time.

I recommend SELL
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 11:14am On Jul 01, 2016
Coolcash1:


This is serious...Oando going concern is seriously under threat. This means the company may die if urgent steps are not taken by shareholders to salvage it. No wonder Wale and his gang didn't release the accounts on time.

I recommend SELL


grin Hope Oando result is good ... no go give pple hpb again ..i neva open the result
Re: Nigerian Stock Exchange Market Pick Alerts by davide470(m): 11:15am On Jul 01, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:19am On Jul 01, 2016
davide470:
At least Revenue increased YoY for Oando.

um Oando
Re: Nigerian Stock Exchange Market Pick Alerts by realman2015: 11:21am On Jul 01, 2016
lancee:



grin Hope Oando result is good ... no go give pple hpb again ..i neva open the result

It's not good at all...The company is overtrading and the auditors have queried it's going concern. The only improvement in the account is the slight drop in the loss for the year

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 11:22am On Jul 01, 2016
no offer for Oando
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 11:25am On Jul 01, 2016

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:26am On Jul 01, 2016
sirflav:
no offer for Oando

maybe Q1 is around d corner .



dis:
don't hav any or intend to hav soonest
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:28am On Jul 01, 2016

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by otokx(m): 11:28am On Jul 01, 2016
There is quietness in the house.
Re: Nigerian Stock Exchange Market Pick Alerts by realman2015: 11:33am On Jul 01, 2016
fxuser:


N13m Loss pere !


No sir. Q1 loss increased from N9.6b in 2015 to N15b. While yoy loss is N50.6b...Share capital is also negative...
Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 11:34am On Jul 01, 2016
fxuser:


N13m Loss pere !

Profit after tax for discontinued operations N18 Billion. I think this is the cause of excitement

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:34am On Jul 01, 2016
otokx:
There is quietness in the house.

and on d xchange floor too, volumes are 'quiet
holiday mode?
Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 11:36am On Jul 01, 2016
I wont be surprised if Oando close positive today.
Re: Nigerian Stock Exchange Market Pick Alerts by davide470(m): 11:40am On Jul 01, 2016
fxuser:


um Oando
Yup. Q1 saw a "profit" of 4.2Bn Group-wise though.

It is on bid at 6.69 (+4.86%)

*unlooking*
Re: Nigerian Stock Exchange Market Pick Alerts by 735i(m): 11:45am On Jul 01, 2016
I've missed the oando train cry
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:49am On Jul 01, 2016
otokx:
There is quietness in the house.

OANDO has CUT OFF the OXYGEN supply....... grin grin grin.
NEXT is SKYE, to DIG THE GRAVE..... grin grin grin.
Re: Nigerian Stock Exchange Market Pick Alerts by binaflexia: 11:56am On Jul 01, 2016
I can't study financial statements properly yet. But if OANDO's result is not looking good, then while is it on a full bid with today's max price?
Can someone help with little summary of the result?
Re: Nigerian Stock Exchange Market Pick Alerts by duni04(m): 12:05pm On Jul 01, 2016
The big elephant in the room for oando has always been uncertainty surrounding results. Now that investors know exactly what's in their books and that losses are reducing, coupled with stabilising/rising oil price, the north pole may not be far off.
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:05pm On Jul 01, 2016
debeey87:
I wont be surprised if Oando close positive today.


They may want to suck em in ..Oando na magic stock grin

u can make money , u can lose heavily as well

1 Like

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