DeRuggedProf:
https://nairametrics.com/how-top-traders-make-the-most-money-from-the-nigerian-stock-market/

Nice write up. I love it!

Agbalowomeri:


Na the ones wey you like
Flourmills is yet to report q3, may be next week

It's good you come with your observation, I have been wondering why most recommendations favour Flour mill.
And every April their stock always sky rockets.
Meaning that their Q3 EPS should be projected around ( 3.17/ 2 x 3 =) 4.75 ( probably their q3 PE should be around 30.90 / 4.75 = 6.50 PE) while their final year PE should be around (3.17 X 2 = 6.34) Prisce 30.90/ 6.34 = 4.87 PE should all things being equal.

Their q3 should be December, while their q4 being final year is March.

On Eterna oil, their q3 2017 PE, based on today price is Price #5.89/ EPS 1.55 = 3.8. PE, then q4 being the final year PE, all thing being equal, it should be Q3 EPS of 1.55/3 quarter = 0.52 x 4 quarter = 2.06, then PE = 5.89/2.06 = 2.86

Investnow2017:


Many who went into Oando recently while still on technical suspension know what they are doing. Don't expect any to sell off because of some kind of news. Last week I deliberately asked a question and it pointed to something like this. That there are some stocks where the shareholders are neither ready to sell nor buy more

Brother as of monday last week we want to buy more but can't get .

Investnow2017:

From my respected broking firm:

The current low valuations of stocks still provide good buying opportunities in the market. Some of our recommended stocks are mentioned below;
 
NASCON - Nascon maintained its strong performance as the company’s 9M’17 results showed a robust revenue growth of 62% y/y to N20 bn from N12 bn in 9M’16. Gross profit also grew significantly by 79% y/y, and led to the strong bottom line. The strong sales growth more than offset a 53% y/y increase cost of sales and led to a 4% expansion in gross margin to 37% (9M’16-33%). EBIT also grew remarkably by 114% y/y to N5.89 bn from N2.75 bn while Profit before tax spiked by 130% y/y as it stood at N5.96 billion compared to N2.59 billion in 9M’16. EPS also grew to N2.04 in 9M’17 from N0.89 in 9M’16. Going forward, we expect the company to leverage on its strong balance sheet while the improvement in consumer spending supported by easing inflatinary pressures is expected to support topline growth. With a fair Value of N26.79, we recommend a “BUY”.
 
FIDELITY - Fidelity 9M-2017 result showed that gross earnings improved by 18% y/y to N130 billion primarily driven by an increase  of 21% in interest income and a strong growth of 99% in non-interest income to N5.9 billion from N2.9 billion in 9M’2016. PBT also improved significantly by 65% y/y from N9 billion in 9M’16 to N16 billion. EPS also grew to N0.67 from N0.40 in 9M’16. We forecast FY’2017 DPS of N0.25 and EPS of N0.60 which translates to a dividend yield of 7% (far ahead of the average dividend yield of 4.4% for banking stocks) based on its current price of N3.54 (26/01/2018). It has a P/BV multiple of 0.62x compared to 1.31x for banking stocks. With a target price of N4.87, we place a “BUY” recommendation.
 
Please find attached our Stock Recommendation for this week, ending 2nd February, 2018.

Courtesy MBC Securities Limited

Nice one

Chibuking81:
I carried out research on 15 stocks based on their today price with their 2017, q3 EPS, to know their current PE.
And their result were as follow;
1. Zenith bank Price #31 / EPS 4.11 = 7.54 PE
2.Diamond bk Price #2.90/ EPS .25 = 11.6 PE
3. Fidelity bk Price #3.88/ EPS .70 = 5.54 PE
4. FCMB bk Price #3.24/ EPS .37 = 8.75 PE
5. Eterna oil Price #5.89/ EPS 1.55. = 3.8. PE
6. Access bk Price #12.90/ EPS 1.94 = 6.64 PE
7. UACN. Price #17.60/ EPS 1.04. = 16.92 PE
8. FBNH bk Price #14.00/ EPS 1.22. = 11.48 PE
9. Dangote sugar Price #20.95/ EPS 2.21 = 9.47 PE
10. Dangote flour Price #16.10/ EPS 2.25 = 7.50 PE
11. Afriprudent Price #4.88/ EPS .65 = 7.50 PE
12. UCAP price #4.40/EPS .55. = 8.00 PE
13. Flour mill price #30.90/EPS 3.17 = 9.74 PE (Q2 only)
14. UBA bk Price #13/EPS 1.74 = 7.47 PE
15. CCNN Price #18/ EPS 1.62 = 11.1 PE

for the last time, why does no one ever talk about transcorp.

even vetiva didnt recommend price for it.

wo whass apnin

DeRuggedProf:


When you deal in a particular stock for a long time, you develop that feel for its price action.
There are stocks that no matter the gragra, you know they have their season and will just keep ranging.
I will give one example, see how wonderful Afriprud is, but it has not done much, in comparison, for a while. TIME and CHANCE!
Many will enter UCAP and AFRIPRUD late, then their money will be deducted and given back to them as dividend, brokers will extract their pound of flesh, price will then drastically pullback and start ranging lazily until they become infuriated and sell, then voila.....!

You maybe wrong this time though, cause there are many foreign portfolios and high sentiment around the corner, unlike past 10yrs, just imagine sterling, Skye, unity etc. However, lets watch and see

Please, can someone help with Honeywell flour Q3 report?

Zhirinovsky:
So.... Summarize briefly the ways you ve devised through which stock prices can be predicted.

Lolz professor zhirinovsky. If I should start the summary, this thread will be automatically close.

sky2891:
Please, can someone help with Honeywell flour Q3 report?

asper TA
finding some nice support at N2.50

Zenith
- 31 looking like new support level

RabbiDoracle:


Do you know the rules of selling volumes?

Create scarcity and when it happens, all of you will bid(greater volume) and they will start selling.

With 139m bid, they can easily offload all. Price never reach.

What I advise my guys, watch the NSE report on foreign and domestic investors. When foreign investors % participation starts reducing and domestic starts increase, jaaaaaaaaaaa!!!

Boss,kindly help us with the link to the site of such info

DangFlour
- support done
- next resistance is N16.90 , we need a break with some vol

Fidelity
- massive 3 white soldiers wt gap up .


TA reading
https://www.investopedia.com/terms/t/three_white_soldiers.asp

fxuser:
DangFlour
- support done
- next resistance is N16.90 , we need a break with some vol

I still can't believe this same stock that was around 3 naira last year January is now 16 naira .. wonders shall never end.

Pays SO much to be patient and trade your way. I remember people wrote this stock off at 5 naira saying if was too expensive.. now look, I'm planning to buy at 16 ! JUST after one year !

Yayira:


I still can't believe this same stock that was around 3 naira last year January is now 16 naira .. wonders shall never end.

Pays SO much to be patient and trade your way. I remember people wrote this stock off at 5 naira saying if was too expensive.. now look, I'm planning to buy at 16 ! JUST after one year !

um
new Support N14.70
new stop loss N14.50
next resistance is N16.90 : watching here for how price wud react , a break is further bullish buy

we ff d trend till it bends

samzepaparazi:


for the last time, why does no one ever talk about transcorp.

even vetiva didnt recommend price for it.

wo whass apnin

noticed it too.

Trading tip
- u cant be in every stock , pick ur battles

Yayira:
noticed it too.

the less the speak about it , the better for ur concentration .
too much analysis can led to paralysis



dis:
very very heavy here.

Yayira:
noticed it too.

different houses , hv their fav stocks.
don't put too much thot in recommendations , houses promote what they hold
i'm sure a Uba stockbrokers (sub of UCAP) will hv it on their recommendation.
(let me chk sef)

fxuser:


the less the speak about it , the better for ur concentration .
too much analysis can led to paralysis



dis:
very very heavy here.

Thank you !

fxuser:


different houses , hv their fav stocks.
don't put too much thot in recommendations , houses promote what they hold
i'm sure a Uba stockbrokers (sub of UCAP) will hv it on their recommendation.
(let me chk sef)

Hahaha

fxuser:


asper TA
finding some nice support at N2.50

HonyWell Holders
- opened and closed on the same price on vol
- dats a massive dragonfly doji wt 30m vol ! !
- massive support at yesterday's low
- hope u didnt get shaken out over d past few days lol
- Jan vol to date is way above avg (decode)


Whats a dragonFly:
https://www.investopedia.com/terms/d/dragonfly-doji.asp

Dis:
hv no holdings , just observing

“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”
- Yvan Byeajee

#KeepInMind

fxuser:

“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”


#KeepInMind

“Never let a winning trade go to your head, or a losing trade to your heart.”
― Yvan Byeajee


#KeyNoteToSelf

Aiite Sir, I am not a prof o. We have only one prof here.

R0LL0N:

Lolz professor zhirinovsky. If I should start the summary, this thread will be automatically close.

Chibuking81:
I carried out research on 15 stocks based on their today price with their 2017, q3 EPS, to know their current PE.
And their result were as follow;
1. Zenith bank Price #31 / EPS 4.11 = 7.54 PE
2.Diamond bk Price #2.90/ EPS .25 = 11.6 PE
3. Fidelity bk Price #3.88/ EPS .70 = 5.54 PE
4. FCMB bk Price #3.24/ EPS .37 = 8.75 PE
5. Eterna oil Price #5.89/ EPS 1.55. = 3.8. PE
6. Access bk Price #12.90/ EPS 1.94 = 6.64 PE
7. UACN. Price #17.60/ EPS 1.04. = 16.92 PE
8. FBNH bk Price #14.00/ EPS 1.22. = 11.48 PE
9. Dangote sugar Price #20.95/ EPS 2.21 = 9.47 PE
10. Dangote flour Price #16.10/ EPS 2.25 = 7.50 PE
11. Afriprudent Price #4.88/ EPS .65 = 7.50 PE
12. UCAP price #4.40/EPS .55. = 8.00 PE
13. Flour mill price #30.90/EPS 3.17 = 9.74 PE (Q2 only)
14. UBA bk Price #13/EPS 1.74 = 7.47 PE
15. CCNN Price #18/ EPS 1.62 = 11.1 PE

My dear selfless Chibuking81, thanks very much. Do you have it in excel format. If you do, please email it to: racmapioneer at gmail dot com. Thanks

fxuser:


asper TA
finding some nice support at N2.50

Please don't draw attention to the stock...

^{quietly loading...}[right][/right]

Coolcash1:

Please don't draw attention to the stock...
^{quietly loading...}[right][/right]

SELFISH thinking.

Coolcash1:


Please don't draw attention to the stock...

^{quietly loading...}[right][/right]

Someone else is quietly offloading.... Timeframe tinz.....

fxuser:

“Genuine acceptance that there will be losses on your way to market success will greatly decrease the hurt when they eventually come.”
- Yvan Byeajee

#KeepInMind

Also, genuine acceptance that other's portfolios will be rapidly swelling up while your village people are not yet done with you will greatly decrease your JIJO rate and increase your level of patience.....

Coolcash1:


Please don't draw attention to the stock...

^{quietly loading...}[right][/right]

na u hold shekere de shake weak hands

Good day brother's and sister's in the LORD . I recommend livestock feeds (buy) please DD don't ask me about TA,Q1,Q3 e.t.c . Thank's, ONE LOVE .