Nigerian Stock Exchange Market Pick Alerts - Investment (2215) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:17pm On Apr 24, 2017 |
duni04: I am not the one who made the 2.14 post but i assure you it will touch that but not on a steady rise.Do you know the people behind Transcorp? Secondly dont be surprise to see 200% increase in Transcorp Q1 result.I dont have a single unit there but i am saying the reality. |
| Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 3:33pm On Apr 24, 2017 |
PETERiCHY: You are a Dedicated Grave Robber....  You bought this stock around N0.80K and you are still holding and looking towards putting Emefiele in a tight corner in order to buy more..  This one pass blood money.... |
| Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 3:37pm On Apr 24, 2017 |
duni04: Answering questions like these will help you identify some of them:- 1. Why didn't a decent increase in top line translate to improved bottom line? 2. Are the reason(s) for the above one-off? 3. Are there positive govt policies I should factor in? 4. Are there major projects coming online or that have come online since the report period? Etc |
| Re: Nigerian Stock Exchange Market Pick Alerts by yinka2011: 3:38pm On Apr 24, 2017 |
interesting insights in to Nigerian Breweries stock on easykobo Following earlier price hikes recorded in 2016, NB reported yet another price increase in Q1’17 as the brewer continues to protect margins amidst cost pressures. Although volumes have been impacted due to pressured consumer wallets, higher prices continue to offset the weaker volumes as Q1’17 revenue rose 18% y/y to ?91.3 billion - 8% ahead of estimates of analysts. Whilst gross margin remains weak y/y (down 364bps) reflecting the effect of the weaker naira and inflationary pressure on input costs, we highlight the 255bps q/q margin expansion recorded in Q1’17 to 44%. We attribute the margin improvement to the price increase implemented. With this, Q1’17 gross profit rose 6% q/q and 9% y/y to ?41 billion, beating our ?36 billion estimate. Earnings in the quarter were further bolstered by lower interest expenses and continued benefits from the brewer’s “Every naira counts” cost savings program which saw OPEX (as a % of sales) moderate 143bps y/y to 24%, above Vetiva’s 27% estimate. Consequently, Q1’17 PAT rose 11% y/y and 45% q/q to ?11.4 billion, outstripping Consensus estimate by 37%. Bearish outlook for volumes, price to remain to sole support Asides the effect of higher pricing, we note that increased competition across all categories has been partly responsible for the volume pressure. According to management, market share declined in both Q2’16 and Q4’16. Whilst we note that NB remains the market leader across most segments, intensified competition from existing players and new entrants (particularly in the value segment) continues to threaten its position. Specifically, NB’s Goldberg has been left to battle AB InBev’s Trophy in the West, whilst Life beer contends with AB InBev’s Hero in the East. We believe NB would have to remain nimble, both in innovation and pricing, to protect its market share in the next few years even as the world leading brewer, AB InBev (through International Breweries) spreads its tentacles across Nigeria. That said, we expect revenue growth to remain majorly supported by higher pricing and we revise our y/y revenue growth estimate higher to 10% (Previous: 8%). Whilst we remain cautious on the exchange rate environment and maintain our assumption of more FX losses this year, we are more optimistic about the cost containment strategy and revise our OPEX to Sales ratio slightly lower to 26% (Previous: 27%). Consequently, our FY’17 EPS estimate is revised higher to ?4.48 (Previous: N3.98). Analysts at Vetiva Capital Management Ltd in Victoria Island have reviewed their 12-month Target Price for NB slightly higher to[b] N113.99[/b] (Previous:N111.57). http://www.easykobo.com/News.aspx?id=19687 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:38pm On Apr 24, 2017 |
duni04: Why are you refering to 2016 result again? Q1 results of a new financial year is a starting point for investors to have a knowledge of how the year will be for companies.Most stocks that did not do well last year may use this Q1 results to prove they are back to profitability. pls grow up. |
| Re: Nigerian Stock Exchange Market Pick Alerts by yinka2011: 3:39pm On Apr 24, 2017 |
you must be new to the stock market to ask these questions abt this stock chillykelly86: 1 Like |
| Re: Nigerian Stock Exchange Market Pick Alerts by duni04(m): 3:42pm On Apr 24, 2017 |
locodemy:Prophet Loco, have you seen the q1? |
| Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 3:50pm On Apr 24, 2017 |
The equity prices of the following companies were adjusted today April 24th, 2017 for dividends declared by their respective board of directors as follows: Security Dividend Declared (N) Last Close Price (N) Ex-div Price (N) Regency Alliance Insurance Plc0.03 0.50 0.50 May and Baker Plc 0.06 0.90 0.84 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 3:52pm On Apr 24, 2017 |
stock with new 52 week highs IBTC #21.49k no new 52 week lows |
| Re: Nigerian Stock Exchange Market Pick Alerts by shigidi(m): 4:16pm On Apr 24, 2017 |
1 Like |
| Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 4:24pm On Apr 24, 2017 |
shigidi: Honestly, I was expecting a loss here... No wonder volume heavily picked up and Technical indicators turned UP .... Insiders everywhere... |
| Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:27pm On Apr 24, 2017 |
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| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:32pm On Apr 24, 2017 |
shigidi: I just guess the recent move is coming from Q1 result.if not diamond bank shareholders should brace up for free fall from tomorrow. What is the comparism of diamond bank to fcmb.EPS:15K VS 97K,DIVIDEND:NIL VS 10K,EARNING/PROFIT:Not comparable in any form. Make i quickly rush to buy more fcmb tomorrow. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:35pm On Apr 24, 2017 |
DeRuggedProf: Oga i am sure you have this stock.if you bought at 80k,i think you have a nice opportunity to free yourself from tomorrow unless a better Q1 will show face in the morning.I wait to see your gladness......Tomorrow is not too far. |
| Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 4:40pm On Apr 24, 2017 |
locodemy: I bought today. Strictly on TA.... But as you know, only Mr. Market can be right. Compare this EPS of 15k ( which is just a kobo more than the Tip Fidelity left on the table ) with any other of its peers, but Mr. Market may still reward it .... DISCL: The volume is all about Q1. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:46pm On Apr 24, 2017 |
DeRuggedProf: i hope so ooooo.if not for Q1,i beg you,just free yourself from sorrow. |
| Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:47pm On Apr 24, 2017 |
DeRuggedProf:lol! TA would have warned you that you're treading on a loose rope; as people greediness is on the increase (overbought) and reversal likely imminent... Anyway no worries, the chart is still in good shape till it goes below 0.8 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:52pm On Apr 24, 2017 |
BullBearMkt: He bought today @0.90-0.95kobo and you are telling him the chart is in good shape till it goes below 0.80k.why not till 1.20kobo? 1 Like |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:55pm On Apr 24, 2017 |
oga rugged.pls tell me the truith,i know you bought base on TA.Had it been you saw this result in the morning,would you have bought this stock today? |
| Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 5:03pm On Apr 24, 2017 |
locodemy:@locodemy, I guess DeRuggedProf is a smart investor/trader & knows where it is good for him to exit in case the market is against him... & come to think of it, if I were in his shoe and entered the stock today even at 1.06; I wouldn't say because of all the analysis going on this forum, then I will exit my trade tomorrow! CAPITAL NO... All what we've been saying are just NOISE! The real determinant will be known in the next 2 days direction. And beside, the weekly data is not bad at all... NOTE: This post do not directly or indirectly ask people to BUY as a pullback is imminent. I posted the opps for BUY couple of weeks back at 0.70 & that is the exact price I bought before selling 60% of my holdings today... |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:04pm On Apr 24, 2017 |
DeRuggedProf: Remember that fcmb was once sometime this year @1.39 and today 0.99kobo. The same insiders everywhere.Dont you think the same insiders will pull it down to 80kobo and bring it up again against the Q1. I hope you learnt something @ fcmb..............few weeks ago. |
| Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:08pm On Apr 24, 2017 |
BullBearMkt: I was adequately warned.... Overbought MAY or MAY NOT continue.... I did not want to be trapped in 2016 and joined the greed of 2017... |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:10pm On Apr 24, 2017 |
BullBearMkt: You bought at 70kobo and sold today @95kobo and you have the gut to call ruggedbaba a smart trader? pls why dont you call a spade a spade.I know rugged more than you do.I dont think he is smart in this one. we wait for 2morrow to see market reaction towards the python my eyes just saw this evening. unless Q1 is rolling. |
| Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:11pm On Apr 24, 2017 |
locodemy: Time and patience has its day.... It just rewarded peterichy this week... 2 Likes |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 5:11pm On Apr 24, 2017 |
locodemy:please when is d payment date for fcmb |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:13pm On Apr 24, 2017 |
Mfunkynation: 2nd MAY......Tuesday next week. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:16pm On Apr 24, 2017 |
DeRuggedProf: Yes and i will also join you in this Diamond bank at a different price. Definitely below todays price i.e if Q1 result is not out tomorrow or next,my price target is achievable. |
| Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 5:16pm On Apr 24, 2017 |
yinka2011: Go to SMN and search for this same username; that will give you an idea of how old I am in the market. But then, you must be thorough about stocks you invest in. If you're not, you should not trust your age on the stock market to do any magic for you. 1 Like |
| Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:17pm On Apr 24, 2017 |
BullBearMkt: Since you did not sell ALL your units, they will NOT agree with you..... |
| Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 5:18pm On Apr 24, 2017 |
locodemy:...You are smart not because you loose in your trading decision but because you stopped a loosing trade at your stop loss before the stock stopped you from trading... I've read some of DeRuggedProf posts I know he uses STOP LOSS... As such, he's smart! Tomorrow and next may be red, but as for me, as long as it doesn't get to my stop loss level, I am still in the trade... |
| Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:19pm On Apr 24, 2017 |
locodemy: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:24pm On Apr 24, 2017 |
BullBearMkt: @bullbearmrkt.pls rephrase your post.i hope you know we are talking about diamond bank and not transcorp.if you are talking of Transcorp,i guess you have taken some ogogoro drinks.when the drink comot from your eyes,you tell me if rugged was right buying diamond bank today @90-95kobo as the poor result just landed few minutes after trading...... |
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