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Nigerian Stock Exchange Market Pick Alerts - Investment (4131) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 9:55am On Nov 28, 2018
mendes911:


He should rather learn from you. You have been following women since 1968 and you never followed them enter any stock.

STUCK?
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:58am On Nov 28, 2018
PETERiCHY:
LOCO somewhere watching his portfolio grin grin grin
Loco Loco grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:59am On Nov 28, 2018
phemmie06:
Ọmọ kò mọ̀ wé wọn lo ni writing. Pikin no know book you said he get writing
grin
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 9:59am On Nov 28, 2018
NIGERIA STOCK MARKET GENERAL COMMENT EXPECTED HIGH AND LOW TRADING RANGE FOR 28 NOVEMBER 2018

The bear has taken over for this week with the second day for the week ending up in the red.

But, just observed that MSCI Nigeria entered the market yesterday. Is this a sign that the stocks are oversold? Let us keep watching how the rest of the week will play out. Zenith,Unilever and FBN seem to be the 1st equities in their shopping list. Confirmed from https://www.globalxfunds.com/funds/nge/. There is the probability that morning star may still be showing Monday figures, therefore you can see the movements.

For Wednesday 21 October 2018 expected High is 31,718.98 low at 31,501.38

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).
N:B
1. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:01am On Nov 28, 2018
mendes911:
You go follow follow woman (Mcy56), come land for AIICO. Kpele.
No be me o. He no fit get woundjurement if he follow me na. tongue
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 10:02am On Nov 28, 2018
PETERiCHY:
Considering developments in the company and strategies to drive expansion and growth, we foresee a higher earnings power at the end of 2018 that would drive the price and offer dividend to shareholders in the coming years.
The stock is currently selling at 42 kobo, indicating a huge intrinsic value for discerning investors, especially considering that the Book Value is currently N1.26 per share, while Price/Book Value of 0.38. This means that investors are paying less for the company’s intrinsic value.

With the progress recorded in recent years and the first quarter 2018 earnings report, there is an indication that the company would beat its earnings forecast for 2018. This is based on the fact that government at federal and state levels are eager to concentrate efforts on improving the nation’s health care system.
The current Book Value at N1.26 per share and profit margin of 22.42% signify that the stock is undervalued, just as its Net Profit Margin of 22%, indicates that from every Naira generated from sales, 22 kobo is retained as profit.

https://investdata.com.ng/2018/06/union-diagnostic-set-dividend-payment-accumulated-losses-decline/

If the above report is TRUE
then their shareholders should be ready to kill cow and cook new soup come July 2019. cool

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Like Pluto09 will say, who are their competitors? Are they the market leaders? Do they have a monopoly of the market? Have you entered UD outlet lately to see for your self?

Can someone help with these cos I have never been to UD before.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:04am On Nov 28, 2018
swilo:


Like Pluto09 will say, who are their competitors? Are they the market leaders? Do they have a monopoly of the market? Have you entered UD outlet lately to see for your self?

Can someone help with these cos I have never been to UD before.

Pluto or Wanaj0?
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:08am On Nov 28, 2018
Agbalowomeri:
Next time no follow woman. Let women follow u grin
Women? shocked Well done sir. You na Chief. No be every man get that mind..... but na man dey follow woman sha. tongue
Re: Nigerian Stock Exchange Market Pick Alerts by Infinitisi(m): 10:09am On Nov 28, 2018
https://nairametrics.com/veritaseum-set-to-introduce-blockchain-into-stock-markets-in-africa/

Could this be the end for stockbroking firms in Nigeria?
By Alfred Akuki - November 28, 2018 0
Reggie Middleton, Veritaseum, Stockbrokers, NSE, Blockchain, NSE, ASEA 2018
Reggie Middleton, Disruptor in Chief, Veritaseum.


In what might be the end for stockbroking firms in Nigeria and Africa at large, Veritaseum, a United States-based blockchain technology firm has hinted that the introduction of blockchain technology into Africa’s capital market will eliminate the services of middlemen and thereby reducing transaction time.

Reggie Middleton, the Disruptor in Chief as he likes to call himself, in an exclusive interview with Nairametrics at the African Securities Exchanges Association (ASEA) annual conference themed ‘Champions on the rise: Africa’s ascension to a more sustainable future’ held at the Lagos Oriental Hotel in Victoria Island, Lagos, revealed that several stock exchanges in Africa are in talks with his firm and on conclusion could see the markets adopting blockchain technology for trading processes.

“I AM LOOKING AT SIGNING AGREEMENTS WITH SEVERAL EXCHANGES AND I FEEL WE ARE VERY CLOSE, I DON’T WANT TO REVEAL OTHER PRIVATE INFORMATION AND I EXPECT THEM SIGNED BEFORE I GO BACK TO NEW YORK.” – MIDDLETON

Middleton – who was also a panellist during the ASEA Conference’s Pathways to Inclusive Growth in Africa: Digital Finance, Financial Literacy, Inclusion and the Democratisation of wealth Panel discussion – said if stockbrokers across Africa don’t diversify, they might be phased out as a result of this disruption.

UBA

R-L: Patience Oniha, DMO DG, Jubril Enakele CEO Zenith Capital, Herbert Wigwe, GMD Access Bank, Reggie Middleton, Disruptor in Chief, Veritaseum.
The game changer
A blockchain is a growing list of records, called blocks, which are linked using cryptography (the practice of techniques for secure communication in the presence of third parties). Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree root hash).

By design, a blockchain is resistant to modification of the data. It is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires a consensus of the network majority.

If the Nigerian Stock Exchange (NSE) eventually introduces this technology into its trading processes, it will eliminate stockbrokers as middlemen, thereby leaving public and retail investors to directly buy and sell stocks during trading sessions. Except stockbrokers in Nigeria diversify, it will be difficult for them to function with the emergence of blockchain in the stock market.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 10:13am On Nov 28, 2018
Mcy56:

No be me o. He no fit get woundjurement if he follow me na. tongue

Lol, I deduce from your statement that if a man (arduino) follows you, the man escapes wondjurement .. grin grin

Amazing reality.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:17am On Nov 28, 2018
Diamond Bank - Digging deeper and searching for oil in Sambisa Forest!
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:20am On Nov 28, 2018
mendes911:

Diamond Bank - Digging deeper and searching for oil in Sambisa Forest!

Am waiting for you oga sir. abi u dan suspend ur november buyin?
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 10:22am On Nov 28, 2018
mendes911:

Diamond Bank - Digging deeper and searching for oil in Sambisa Forest!

What can turn around the predicament of Diamond Bank from bad to good?
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:23am On Nov 28, 2018
tritritri:


Am waiting for you oga sir. abi u dan suspend ur november buyin?

You no see where I carry bag yesterday go Lagos? Kadan Kadan, na that level I dey now.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:28am On Nov 28, 2018
mendes911:


You no see where I carry bag yesterday go Lagos? Kadan Kadan, na that level I dey now.


Fear no go allow me buy yet..i go suspend mine to december.. I'm not yariya wey get mind.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:29am On Nov 28, 2018
swilo:
Lol, I deduce from your statement that if a man (arduino) follows you, the man escapes wondjurement .. grin grin
Thou sayest tongue grin
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:32am On Nov 28, 2018
tritritri:



Fear no go allow me buy yet..i go suspend mine to december.. I'm not yariya wey get mind.

I understand sir. Am only picking some of the ones that have gone far lower than they were in October while am on queue (eg. Access) on some.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:34am On Nov 28, 2018
swilo:


What can turn around the predicament of Diamond Bank from bad to good?

Even CBN governor may not be able to answer this question.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 10:59am On Nov 28, 2018
mendes911:


You go follow follow woman (Mcy56), come land for AIICO. Kpele.
No comment grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:00am On Nov 28, 2018
swilo:


What can turn around the predicament of Diamond Bank from bad to good?

Uzoma's departure... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 11:01am On Nov 28, 2018
swilo:


Like Pluto09 will say, who are their competitors? Are they the market leaders? Do they have a monopoly of the market? Have you entered UD outlet lately to see for your self?

Can someone help with these cos I have never been to UD before.
I have been to their outlet in the midst of Ajegunle (near Ajeromi police station) and to the one at Ojuelegba near GTB and also to the one in Mokola Ibadan (opposite Group Medical Hospital) to conduct routine medical check for my family and they are not doing badly. Their service seems to have some patronage from people.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 11:03am On Nov 28, 2018
Agbalowomeri:


Next time no follow woman
Let women follow u grin

For my office and neighborhood, na dem dey rush me wink wink
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:04am On Nov 28, 2018
WAPCO need some break..... grin
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 11:04am On Nov 28, 2018
DeRuggedProf:


STUCK?


grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 11:06am On Nov 28, 2018
Mcy56:

No be me o. He no fit get woundjurement if he follow me na. tongue

Tell them again

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 11:06am On Nov 28, 2018
swilo:


Like Pluto09 will say, who are their competitors? Are they the market leaders? Do they have a monopoly of the market? Have you entered UD outlet lately to see for your self?

Can someone help with these cos I have never been to UD before.


What you quote here is from oga wanaj0 ...
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:08am On Nov 28, 2018
NB's daily chart NAWAO.... angry
Some cash don enter/commot here.
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 11:11am On Nov 28, 2018
DeRuggedProf:
WAPCO need some break..... grin
If WAPCO eventually gets to between N11 - N12, I may test the river with one leg in solidarity with those that bought the rights issue (Love your neighbour as yourself) grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:16am On Nov 28, 2018
kolaish:
If WAPCO eventually gets to between N11 - N12, I may test the river with one leg in solidarity with those that bought the rights issue (Love your neighbour as yourself) grin

It has my full speculative attention already.... grin
Fundamentalists, what is the fair price?
Laggard Wapco don suffer do.... grin
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 11:16am On Nov 28, 2018
yok:
NIGERIA STOCK MARKET GENERAL COMMENT EXPECTED HIGH AND LOW TRADING RANGE FOR 28 NOVEMBER 2018

The bear has taken over for this week with the second day for the week ending up in the red.

But, just observed that MSCI Nigeria entered the market yesterday. Is this a sign that the stocks are oversold? Let us keep watching how the rest of the week will play out. Zenith,Unilever and FBN seem to be the 1st equities in their shopping list. Confirmed from https://www.globalxfunds.com/funds/nge/. There is the probability that morning star may still be showing Monday figures, therefore you can see the movements.

For Wednesday 21 October 2018 expected High is 31,718.98 low at 31,501.38

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).
N:B
1. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

those guys are the ones that shot flour mills to #20. . i set a buy target @ 13 and price was gradually slidin down there
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:20am On Nov 28, 2018
kolaish:
If WAPCO eventually gets to between N11 - N12, I may test the river with one leg in solidarity with those that bought the rights issue (Love your neighbour as yourself) grin

It will be the one of most undervalued stock on the NSE.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:25am On Nov 28, 2018
OBAGADAFFI:


It will be the one of most undervalued stock on the NSE.


What’s the fair price ?

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