Nigerian Stock Exchange Market Pick Alerts - Investment (2651) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by Kingchuks(m): 7:09pm On Oct 20, 2017 |
"UNILEVER reports blow-out 3rd quarter results Oct 20 (Lagos) - Unilever Nigeria Plc ( UNILEVER ) reported third quarter results today and blew away all analyst expectations. Sales rose by 37% to N 24 billion in the third quarter. Profit after tax rose to N 1.1 billion up by 143% from the same quarter of 2016. Shareholders equity rose 60% to N 9.75 billion. This is a major news for investors as this Company is blowing away expectations. With the rights issue concluded, UNILEVER will be able to invest heavily in Nigeria. UNILEVER sales for the 9 months of 2017 have already crossed the sales for full year 2017. Profit for the 9 months of 2017 is more than 3 times the profit of full year 2016. That is enough reason why the market puts a price earnings (P/E) ration of more than 54 on this stock. Expect that to go sharply higher because this Company is what foreign investors are looking for in the basket of Nigerian stocks in consumer goods sector. The rights issue information is awaited and those who got the rights at 30, they will be feeling good after seeing this result."- easykobo |
| Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 8:20pm On Oct 20, 2017 |
One needs to be extra careful when a sales speech is being run for a company . Evan Medical is a recent case study. Somebody was here singing praises of this company. |
| Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:52am On Oct 21, 2017*. Modified: 11:38am On Oct 21, 2017 |
The way some of us are groving about OANDO predicament, while waiting for it at 800% discount ![]() *ThE OcToPuS*
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| Re: Nigerian Stock Exchange Market Pick Alerts by yinka2011: 3:49am On Oct 21, 2017 |
currentprice:dangcem seems better on technical comparison between two companies
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| Re: Nigerian Stock Exchange Market Pick Alerts by yinka2011: 3:51am On Oct 21, 2017 |
sellydion:what happened to evans i missed it |
| Re: Nigerian Stock Exchange Market Pick Alerts by monopolistic: 6:25am On Oct 21, 2017 |
Pa @emmanuelewumi Did you go through the wapco q3 yet ? |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:34am On Oct 21, 2017*. Modified: 7:27am On Oct 21, 2017 |
monopolistic:Yes not too encouraging, but guys are currently investing based on the proposed right issue. My broker got just 4000 units for me yesterday, because I put a price limit of N56. The other quantity I wanted to buy could not be bought. The stock surprising gained yesterday. Lafarge is a minimum of 6 months play. The proceeds from the right will be used to clear substantial percentage of the debt. Similar thing happened to Guinness early this year |
| Re: Nigerian Stock Exchange Market Pick Alerts by monopolistic: 6:47am On Oct 21, 2017 |
emmanuelewumi:Sir Wit this result You shld be able to get it next week at support of 48. i'm not impressed. |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:51am On Oct 21, 2017 |
monopolistic:That I am not sure of. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 8:23am On Oct 21, 2017*. Modified: 10:45am On Oct 25, 2017 |
currentprice:#937 million profit after tax as a result of low demand for cement in Nigeria and South Africa. Hmm. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:38am On Oct 21, 2017 |
Transcorp. Will it be available on monday? I doubt. |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 8:47am On Oct 21, 2017 |
AcquireCofOLand:Thank you very much. I am into real estate, capital market, money market and small businesses. I can even lecture about the nitty gritty of real estate investment . The Ajah you are talking about, yours truly bought in 2000 for 100k |
| Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 9:11am On Oct 21, 2017 |
| Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 9:16am On Oct 21, 2017 |
Mpeace:It will be over available. Its overvalued at current price. It shouldn't be selling for more than 80kobo now ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by bolabiyi: 9:53am On Oct 21, 2017 |
stokfrick:funny...points hits it beta wen backed wit facts....showing d figures to prove it should b valued at 80k will make more sense... |
| Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 12:05pm On Oct 21, 2017 |
Please house, I've been trying in vain to sell my Cornerstone Insurance stock since last year. I beg why can't I get it sold? What should I do? |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:27pm On Oct 21, 2017 |
Toluway:Always invest in liquid stocks. Most insurance stocks are very illiquid. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 1:39pm On Oct 21, 2017 |
wetin ago come do now? The money plenti. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 1:42pm On Oct 21, 2017 |
Actually, the stock has not moved from a spot for a long time. Yet it has been coming out with quaterly results. Talking about cornerstone insurance. |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:46pm On Oct 21, 2017 |
Always invest in companies that are consistent with dividend payment. Also invest in companies where PFAs invest in. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Brukx(m): 1:46pm On Oct 21, 2017 |
good afternoon. I'm interested in unvesting into the NSE. Some of the terminologies are not new to me. But how to start is what I have no idea about. Transaction strategies are also unknown to me. I need some orientation pls. What books should I read. Which men should I meet? |
| Re: Nigerian Stock Exchange Market Pick Alerts by Brukx(m): 1:47pm On Oct 21, 2017 |
emmanuelewumi:what are PFAs? |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:51pm On Oct 21, 2017 |
Brukx:Pension Fund Administrators. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Brukx(m): 2:03pm On Oct 21, 2017 |
emmanuelewumi:Do you have a say on my earlier question |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:32pm On Oct 21, 2017 |
Brukx:I have none. |
| Re: Nigerian Stock Exchange Market Pick Alerts by vinco82(m): 2:58pm On Oct 21, 2017 |
emmanuelewumi:How can somebody detect which stock the PFMs invest in? |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:02pm On Oct 21, 2017 |
vinco82:They are expected to invest in stocks that have consistently paid dividends for a minimum of 5 years. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 3:14pm On Oct 21, 2017*. Modified: 5:43pm On Oct 21, 2017 |
Thanks Emmanuel. Coming back to my question. What can I do to sell my cornerstone stocks investment of about #200,000. Please help me navigate this nagging trajectory. I actually bought the stock out of inexperience. My sublime inexperience of those days. If I mention other stocks that I bought, you go laugh tire. The funny aspect of it was that the so called stocks were actually strongly recommended by the gurus in the house here. I now know much better. Left to me, I'm not even interested in any insurance stocks. My stocks must be producing tangible products. Like Cement Companies. (courtesy Currentprice) lol. |
| Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 5:09pm On Oct 21, 2017 |
Toluway:My bro, I have same issue with you. As far as I know, there is nothing we can do now than to put on the cloak of PATIENCE. ![]() |
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