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Nigerian Stock Exchange Market Pick Alerts - Investment (2507) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:57pm On Jul 31, 2017
The same day DANGSUGAR released their result and sent it ON FULL BID, there was a time the stock was ON FULL offer, on the lowest price of course.
People kept sneaking and picking 'calculated volume' and going back to hide.
I hope they are not embarking on the same strategy on FAULTY RESOURCE... undecided
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:01pm On Jul 31, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by holm: 2:12pm On Jul 31, 2017
currentprice:
^^ grin
http://www.nse.com.ng/Financial_NewsDocs/19208_DANGOTE_SUGAR_-_CORP._ACTION_CORPORATE_ACTIONS_JULY_2017.pdf

What is the point of someone bidding for Dangsugar at the lowest price for the day. #waste-of-mandate-to-buy. undecided undecided undecided
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 2:24pm On Jul 31, 2017
I left bidding for Dangote Sugar to buy NAscon but realized its also on bid...Nawa o... grin
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 2:31pm On Jul 31, 2017
DeRuggedProf:


When did the MM become active, just before release of Q2?

Have you seen him (them)?

Though someone screwed up closing price target for them. Let me see if NSE will re-adjust for them.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:37pm On Jul 31, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:37pm On Jul 31, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 2:42pm On Jul 31, 2017
Coolcash1:
I left bidding for Dangote Sugar to buy NAscon but realized its also on bid...Nawa o... grin

Tomorrow is another day. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:55pm On Jul 31, 2017
BullBearMkt:

...I wish I could, but will not be chanced immediately. If you don't mind at my own time. Cheers.
grin grin grin grin grin
Ok no problem, I will be expecting it.
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 2:59pm On Jul 31, 2017
jamace:
I have noticed silent and gradual gain in price in FBNH. I am BUYing FBNH now at N5.8. Adding to my holding thingz.

Join me at your own risk o. I no know book o. grin
grin
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 3:16pm On Jul 31, 2017
Oando Raises Turnover by 26%, PAT by 117% in 6 Months
www.businesspost.ng/2017/07/31/oando-raises-turnover-26-pat-117-6-months/


HY: Dangote Cement Grows Sales Volume by 12.6%, Controls 65% Market Share
https://www.businesspost.ng/2017/07/31/hy-dangote-cement-grows-sales-volume-by-12-6-controls-65-market-share/
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 3:26pm On Jul 31, 2017
CUSTODIAN AND ALLIED INSURANCE PLC (INTERIM DIVIDEND) Closure of Register for Half Year Period Ended 30 June 2017

Proposed Dividend (Interim)10 Kobo per share

Proposed Bonus Nil

Qualification Date18 August 2017

Closure Date 21 August to 25 August 2017

AGM DateN/A

Payment Date 5 September 2017
Re: Nigerian Stock Exchange Market Pick Alerts by udoka2: 3:27pm On Jul 31, 2017
Please if you are a stock broker... get in touch onyiio at yahoo dot com.
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 3:30pm On Jul 31, 2017
stocks with new 52 week highs
dangote sugar #11.97k
Nascon #10.42k
okomu #80.03k
presco #76.86k
air services #5.26k
NEM #1.34k
international breweries #33.13k
Nestlé #1003.70k
no new 52 week lows
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 3:35pm On Jul 31, 2017
Intendy:
stocks with new 52 week highs

dangote sugar #11.97k
Nascon #10.42k
okomu #80.03k
presco #76.86k
air services #5.26k
NEM #1.34k
international breweries #33.13k
Nestlé #1003.70k

no new 52 week lows

market still making some highs
good signs

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:44pm On Jul 31, 2017
PETERiCHY:
For those in haste to make money.

Remember School resumption is just 6wks away and September marks the beginning of academic year which often put stock market under intense pressure dues to school fees payment etc.

So DONT be in HASTE to LOSE your HARD EARN MONEY wait till 3rd and 4th week of Sept when the coast is clear to get a BETTER BARGAIN.

*ThE OcToPuS*

Today the INDEX dipped by a whooping 2.76%,

The MARKET is gradually losing BREATH for the September SELL-OFF.

Those that has ears let them hear, better don't come here and blame LOCO.

*ThE OcToPuS*

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 3:54pm On Jul 31, 2017
PETERiCHY:


Today the INDEX dipped by a whooping 2.76%,

The MARKET is gradually losing BREATH for the September SELL-OFF.

Those that has ears let them hear, better don't come here and blame LOCO.

*ThE OcToPuS*



Go and continue charging your phone...... grin

8 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 4:09pm On Jul 31, 2017
@Peterichy,is this a decrease or an increase in NSE ASI?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 4:11pm On Jul 31, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Stockbiz: 4:12pm On Jul 31, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:17pm On Jul 31, 2017
FO almost 98 % in profit...or am i wrong?
Re: Nigerian Stock Exchange Market Pick Alerts by youngklem: 4:22pm On Jul 31, 2017
Nairaruky:

What Bleep ur scamming poet doing on dz thread?
Only a dumbfool will give you a quarter thought
Son of Bitcoin scamming pple on Nairaland

Of what good will it be to me scamming you. my own people in the same naija that we are together.

https://futurism.com/china-becomes-first-countrchina-becomes-first-country-in-the-world-to-test-a-national-cryptocurrencyy-to-test-national-cryptocurrency/

1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Stockbiz: 4:25pm On Jul 31, 2017
Tritri:
FO almost 98 % in profit...or am i wrong?

Seems so but the EPS is saying otherwise.
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 4:31pm On Jul 31, 2017
samguru:
C & I leasing this is just too fantastic

Please summarise the result because I am loaded here. grin
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 4:35pm On Jul 31, 2017
EDUECO:
http://nse.com.ng/Financial_NewsDocs/19241_FORTE_-_AUDITED_HALF_YR_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf

Page 8, Forte Oil, I am not understanding the Profit declared vis a vis EPS.
Anyways as I expected they was drop in revenue from Fuels
Slight increase in the lubricant biz
The only thing holding up Forte Oil now is the Energy generation biz which generated over 16bn compared to 4bn last year.
In total they was a drop in revenue QoQ. They need to find away to grow more.

PG 43
Drop in gross profit, drop in PAT. EPS 1.05(2017) compared to 1.88(2016)

Not so good for me. Let market be the judge.


Pls accountants in the house kindly review pg 8 & pg 43 of the result, we need clarification. Confusing what they did here.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 4:50pm On Jul 31, 2017
I no just understand result wey these pple dey release these days. The more you see kind of things. I dont think FO result is good, atleast from the eps hoha.
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 4:51pm On Jul 31, 2017
Stockbiz:


Seems so but the EPS is saying otherwise.

some minority shareholders are chopping pass here sha! cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 4:58pm On Jul 31, 2017
stcool:


Page 8, Forte Oil, I am not understanding the Profit declared vis a vis EPS.
Anyways as I expected they was drop in revenue from Fuels
Slight increase in the lubricant biz
The only thing holding up Forte Oil now is the Energy generation biz which generated over 11bn compared to 2bn last year.
In total they was a drop in revenue QoQ. They need to find away to grow more.

PG 43
Drop in gross profit, drop in PAT. EPS 1.05(2017) compared to 1.88(2016)

Not so good for me. Let market be the judge.


Pls accountants in the house kindly review pg 8 & pg 43 of the result, we need clarification. Confusing what they did here.

The eps is calculated with the profit attributed to the owners of the company which is N1.365b. The remaining balance of N2.79b out of the total profit of N4.1b is for non controlling interests. Give it to the cowboys. Like otedola like Tony! cool
Re: Nigerian Stock Exchange Market Pick Alerts by teeeboi24(m): 4:59pm On Jul 31, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 5:00pm On Jul 31, 2017
pluto09:


The eps is calculated with the profit attributed to the owners of the company which is N1.365b. The remaining balance of N2.79b out of the total profit of N4.1b is for non controlling interests. Give it to the cowboys. Like otedola like Tony! cool

Ok I see shocked Thanks

Clap for Ote$ grin grin grin and he wants to rasie N20bn from non-controlling interests.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:01pm On Jul 31, 2017
@pluto09 Is that result a positive or negative ? abi it like oando ?

@DeRuggedProf Our Food dan land.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:03pm On Jul 31, 2017
DeRuggedProf:




Go and continue charging your phone...... grin

grin grin

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