yok:
DAILY STOCK MARKET GUIDE FOR 21 JUNE 2019
The market is at an inflection point for now. Brent crude is back to the USD64 level, which is like our minimum benchmark that will attract the foreign funds to Nigeria equities. We expect the earnings season bulls to start taking position by now..

Amen.

stcool:
Watch dem say we loaded at N10.00

or 9.50

stcool:


Watch dem say we loaded at N10.00

I want to buy some units of FO today!I Hope it drops today.

stcool:


Watch dem say we loaded at N10.00

I want to buy some units of FO today!I Hope it drops today.

why are u in a hurry? you go get am plenty? The price would be in the same level with mrs/conoil though my own opinion pls follow your mind ooooooo

aremso:



why are u in a hurry? you go get am plenty? The price would be in the same level with mrs/conoil though my own opinion pls follow your mind ooooooo

I don't think so long term

stcool:


I don't think so long term

ok sir!

the bull in Lafarge Africa will only favour those that recently bought. The South African business unit that was consolidated with Lafarge Wapco some years back should not have happened at all. That same business unit is being expunged now in 2019 because the French parent coy has achieved their aim of getting the stock cheap.

Mcy56:
E ku Wapco bull o.
Na so some go still miss out of Wema, FCMB and transcorp bull when it comes.

rebekah2011:
the bull in Lafarge Africa will only favour those that recently bought. The South African business unit that was consolidated with Lafarge Wapco some years back should not have happened at all. That same business unit is being expunged now in 2019 because the French parent coy has achieved their aim of getting the stock cheap.

Board room politics

rebekah2011:
the bull in Lafarge Africa will only favour those that recently bought. The South African business unit that was consolidated with Lafarge Wapco some years back should not have happened at all. That same business unit is being expunged now in 2019 because the French parent coy has achieved their aim of getting the stock cheap.

Very suspicious marriage and divorce!
Jeff Bezos!

Larfarge to enhance value of shareholders' investments

https://punchng.com/lafarge-to-sell-south-africa-subsidiary-for-316-3m-redeems-n26-4bn-bond/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2318357+%3D%3E+MORNING+NEWS+HEADLINES+&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

CHAMPION CHAMPION! what are they champion in self?

In some stocks, offers never dry.....
When you feel upward movement is inevitable, some importers just land with their huge containers from Asia...

A snipers task is the most unnerving.
There is more pain in waiting than in losing....

DeRuggedProf:
A snipers task is the most unnerving.
There is more pain in waiting than in losing....

Prof Prof bolded is very true but that is what also brings discipline

onegentleguy:

That said, the estimated beta value of the bank @ well above unity(1) and the industrial average shows that sentiment is still tilted on the side of a healthy patronage(vol).
In contrast though, it does appear that the 'belief system' on the part of investors has been quite weak. This is even more true considering that the coys equity price has stayed solidly below its 50 sma in the short-mid term, while its 200 sma prints even much higher. ...referencing a clear reservation on the part of retail investors and an indifferent/weak romance/belief on the part of FMs, FPIs and DPIs.
With FBNH therefore, caution should be the watch word !!

RabbiDoracle:


Your strategy needs to really change if truly you are what you are o(you know what I'm referring to).

Do value investing. Target good stocks that pay good dividends that has high beta (preferably banks). Buy when people are selling(when Market I depressed). Then sell when there is a bullish market.

You are thinking of loss because you carry your big load dey jump with people with small load. You are like a fat man wanting to do what a thin man does. You can't scale a fence when gbege starts na.

So restrategize and keep your load where the size go fit enter. Stop listening to noise of gains from small firms with low beta.

Anyway many people dey on gain in case you didn't know.

Sir,
Please how do you gentlemen estimate the beta of a firm to know if it's is high or low. Am currently reading a book on investment valuation by damodaran which he talks about beta, bit I don't seem to understand it. Please can you help me out. Thanks.

Ignite Takes Over Forte Oil, Vows to Diversify Operations
https://businesspost.ng/2019/06/21/ignite-takes-over-forte-oil-vows-to-diversify-operations/

dipoolowoo:
Ignite Takes Over Forte Oil, Vows to Diversify Operations
https://businesspost.ng/2019/06/21/ignite-takes-over-forte-oil-vows-to-diversify-operations/

Future public offer loading.
To reduce their investment cost through the back door.....
Naija way.

Sir,
Please how do you gentlemen estimate the beta of a firm to know if it's is high or low. Am currently reading a book on investment valuation by damodaran which he talks about beta, bit I don't seem to understand it. Please can you help me out. Thanks.[/quote]

Fantastic question. This is the type of issue we should be discussing in this forum. Simply, beta of a stock is the volatility of a stock in comparison with a base, usually the index for that particular stock or the general index.

A stock that matches the index, ie, goes high as the index goes up is said to have a high beta. In terms of risk and profitability, high beta stocks are better. This if the index is rising up a high better stock will rise, where a stock has beta greater than one then the stock has high beta. Thus for a stock with beta greater than one, there is the probability of the stock rising higher than the index when the index is rising. Equally when the index is falling, the high beta stock may likely fall faster than the index. For example the beta for GTB is currently 1.045, it is not a static figure it can change from time to time.

MTNN share price paving way for Airtel loot.....
Hope retail investors are learning a thing or two....

yok:

Sir,
Please how do you gentlemen estimate the beta of a firm to know if it's is high or low. Am currently reading a book on investment valuation by damodaran which he talks about beta, bit I don't seem to understand it. Please can you help me out. Thanks.

Fantastic question. This is the type of issue we should be discussing in this forum. Simply, beta of a stock is the volatility of a stock in comparison with a base, usually the index for that particular stock or the general index.

A stock that matches the index, ie, goes high as the index goes up is said to have a high beta. In terms of risk and profitability, high beta stocks are better. This if the index is rising up a high better stock will rise, where a stock has beta greater than one then the stock has high beta. Thus for a stock with beta greater than one, there is the probability of the stock rising higher than the index when the index is rising. Equally when the index is falling, the high beta stock may likely fall faster than the index. For example the beta for GTB is currently 1.045, it is not a static figure it can change from time to time.

What is the beta value of Chams, japaul, Dunlop, ABC,Daar comm, Ellah POND?

yok:

Sir,
Please how do you gentlemen estimate the beta of a firm to know if it's is high or low. Am currently reading a book on investment valuation by damodaran which he talks about beta, bit I don't seem to understand it. Please can you help me out. Thanks.

Fantastic question. This is the type of issue we should be discussing in this forum. Simply, beta of a stock is the volatility of a stock in comparison with a base, usually the index for that particular stock or the general index.

A stock that matches the index, ie, goes high as the index goes up is said to have a high beta. In terms of risk and profitability, high beta stocks are better. This if the index is rising up a high better stock will rise, where a stock has beta greater than one then the stock has high beta. Thus for a stock with beta greater than one, there is the probability of the stock rising higher than the index when the index is rising. Equally when the index is falling, the high beta stock may likely fall faster than the index. For example the beta for GTB is currently 1.045, it is not a static figure it can change from time to time.

Interesting.

Na wa o. These Zenith sellers no dey finish?
Lol. Make you no mind me. I have no biz with Zee. Just observed that the more they sell, the more offers keeps coming.

Mcy56:
Na wa o. These Zenith sellers no dey finish?
Lol. Make you no mind me. I have no biz with Zee. Just observed that the more they sell, the more offers keeps coming.

Its like fighting the chinese army, the more you kill, the more they appear.....

I wanted to stay longer on this fo spot,but my computer said no.wait for it at 25!

This wapco bull shall last for a long time. Yes

Mcy56:
Na wa o. These Zenith sellers no dey finish?
Lol. Make you no mind me. I have no biz with Zee. Just observed that the more they sell, the more offers keeps coming.

me i wan get biz wit zee make them help me fall am, i dey fence dey look am with my korokoro eyes open ooooo. once them help me fall am wella then am done for the year on NSE

Somebody help me advise UBA to come back to sub 6.
I have unfinished business cherry-picking.
Don't want Q2 result to catch me.

Good day house,

Please, I am new to the stock market and would like to get suggestions on stocks that are currently underpriced which I can buy and keep for long term appreciation as well as a dividend payment.

I am looking forward to your responses and suggestions.

Thank you![color=#990000][/color]

MARKET UPDATE FOR CLOSE OF THE WEEK 21 JUNE 2019

Allshare Index loss for the week: -0.65%, cumulative loss for 2019: -5.02%

Allshare Index loss for last week: -1.27%, cumulative loss for 2019: -4.40%

Loss for this week lesser than that of last week.

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.

yok:
MARKET UPDATE FOR CLOSE OF THE WEEK 21 JUNE 2019

Allshare Index loss for the week: -0.65%, cumulative loss for 2019: -5.02%

Allshare Index loss for last week: -1.27%, cumulative loss for 2019: -4.40%

Loss for this week lesser than that of last week.

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.

You are welcome. You can try and read back previous pages to take some learning that will assist you in not paying too much school fees because you must surely pay school fees. If your focus is underpriced stocks and dividend payment. there is no problem, there are many stocks that qualify to be in this category,(I will leave this to my Ogas to select for you). But if you mean long term. You will need to define your long term. 1 year, 2-10 years. or for your Grandchildren to inherit. Welcome once again.

ahmedshehu:
Good day house,

Please, I am new to the stock market and would like to get suggestions on stocks that are currently underpriced which I can buy and keep for long term appreciation as well as a dividend payment.

I am looking forward to your responses and suggestions.

Thank you![color=#990000][/color]

rebekah2011:
You are welcome. You can try and read back previous pages to take some learning that will assist you in not paying too much school fees because you must surely pay school fees. If your focus is underpriced stocks and dividend payment. there is no problem, there are many stocks that qualify to be in this category,(I will leave this to my Ogas to select for you). But if you mean long term. You will need to define your long term. 1 year, 2-10 years. or for your Grandchildren to inherit. Welcome once again.

Thanks boss, I will do that. Long term (1-5 years). Abeg I no wan pay too much school fees oh , make una help