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Nigerian Stock Exchange Market Pick Alerts - Investment (5371) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 2:15pm On Mar 06, 2020
scarphase:


This is confirmed information and timely as well. I have confirmed from reliable sources. Thanks for this heads up but its scarce in the market
the one wey dey offer u don buy am finish
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:16pm On Mar 06, 2020
yom2:
boring. That's why I said this buiz is best for multi billionares like u guys
Lol. But don't you think it's better for those who can't keep jumping up and down as well as those who have spare funds to make use of.
Let's leave it for those who have the patience to wait it out.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:20pm On Mar 06, 2020
veecovee:
The issue is that no one knows when the buyersd are going to pay
We know how the system works, it could be tiring but at least fund will be preserved.
Re: Nigerian Stock Exchange Market Pick Alerts by scarphase(m): 2:37pm On Mar 06, 2020
yom2:
the one wey dey offer u don buy am finish

Oga calm down. You dont judge people anyhow like that . Just because we all post here doesn't mean you can spew rubbish anyhow
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 3:07pm On Mar 06, 2020
Listing of Red Star Express Plc Rights Issue of 336,855,291 ordinary shares of 50 Kobo each at N4.00 per share on the basis of four (4) new ordinary shares for every seven (7) ordinary shares held. Dealing Members are hereby notified that additional 336,855,291 ordinary shares of Redstar Express Plc (Redstar Express or the Company were today, Friday, 06 March 2020, listed on the Daily Official List of The Nigerian Stock Exchange. The additional shares listed on The Exchange arose from Redstar Express Plc Rights Issue of 336,855,291 ordinary shares of N0.50 kobo each at N4.00 per share, on the basis of four (4) new ordinary shares for every seven (7) ordinary shares held as at 21 August 2019. The issue was 100% subscribed. With this listing of the additional 336,855,291 ordinary shares, the total issued and fully paid up shares of Redstar Express Plc has now increased from 589,496,760 to 926,352,051ordinary shares of N0.50 kobo each. This is for your information and records update, please.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:20pm On Mar 06, 2020
NSEMPA mood right now grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 3:26pm On Mar 06, 2020
Stocks with new 52 week lows
Champion brew #0.78k
Unilever #13.00k
Omatek #0.37k

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:28pm On Mar 06, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 4:31pm On Mar 06, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 4:32pm On Mar 06, 2020
seyisanya:
In my opinion, I see nothing wrong with following the market on a daily basis if one has the time and flair for it. Most gurus here tend to perceive it as a ''sin'', whereas it is something that is commonly practised in advanced markets around the world. In fact, many traders in the US trade for a living and they monitor price movements in order to take positions when necessary.

As for me, I'm dynamic in my approach. I have stocks for short, medium and long term purposes in my portfolio and they all serve different needs. I follow the market movement as well, but I have a plan and I stick to it. It was my online presence in the market that gave me the opportunity to buy good units of some of the stocks that reached 52-week low on Thursday and Friday at even lower prices. For example; I bought ETI @N4.90, Eternal Oil @N1.90k, WEMA @ 52k etc. While some did not close at 52-week low but touched some sweet lows intraday. Bought FCMB@1.58, FIDELITY@1.80

UPDATE:
After just one week: Sold ETI@N6.30, Eternal Oil@N2.19, FCMB@1.85, Fideliy@2.02. Despite the uncertainties around the world, money can still be made. For my long term portfolio; I bought more Zenith@18.85 and 18.80; UBA @6.90 and 6.95. Now that brent is down, the market may deep further next week, so, BARGAIN HUNTERS, TAKE NOTE cool cool cool

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 4:39pm On Mar 06, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:40pm On Mar 06, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 4:47pm On Mar 06, 2020
Intendy:
Listing of Red Star Express Plc Rights Issue of 336,855,291 ordinary shares of 50 Kobo each at N4.00 per share on the basis of four (4) new ordinary shares for every seven (7) ordinary shares held. Dealing Members are hereby notified that additional 336,855,291 ordinary shares of Redstar Express Plc (Redstar Express or the Company were today, Friday, 06 March 2020, listed on the Daily Official List of The Nigerian Stock Exchange. The additional shares listed on The Exchange arose from Redstar Express Plc Rights Issue of 336,855,291 ordinary shares of N0.50 kobo each at N4.00 per share, on the basis of four (4) new ordinary shares for every seven (7) ordinary shares held as at 21 August 2019. The issue was 100% subscribed. With this listing of the additional 336,855,291 ordinary shares, the total issued and fully paid up shares of Redstar Express Plc has now increased from 589,496,760 to 926,352,051ordinary shares of N0.50 kobo each. This is for your information and records update, please.


So they did rights issue recently....that is close to 60% dilution... I seeee......
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 4:49pm On Mar 06, 2020
seyisanya:

UPDATE:
After just one week: Sold ETI@N6.30, Eternal Oil@N2:19, FCMB@1.85, Fideliy@2.02. Despite the uncertainties around the world, money can still be made. For my long term portfolio; I bought more Zenith@18.85 and 18.80; UBA @6.90 and 6.95. Now that brent is down, the market may deep further next week, so, BARGAIN HUNTERS, TAKE NOTE cool cool cool

Alhamdulillah for markets dipping further. Cheap Zenith after mark down!
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 4:49pm On Mar 06, 2020
Please does Markdown happen after dividend is paid, or after the closed period?
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 4:53pm On Mar 06, 2020
When will FBNH declare it's dividend

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 4:55pm On Mar 06, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:09pm On Mar 06, 2020
That their statement of financial position get as e be. The liabilities are huge. They also need to rein in the operating costs as soon as possible.
pluto09:



This is how they are going to overtake zenith and Gtb.
grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:10pm On Mar 06, 2020
March ending or early April. 25k
Princkez:
When will FBNH declare it's dividend
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 5:13pm On Mar 06, 2020
Lion123:
Please does Markdown happen after dividend is paid, or after the closed period?

Mark down happens on the first day of the range of days for the close period.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 5:17pm On Mar 06, 2020
Willie2015:


These cowboys are damn stingy....
lipsrsealed

I think they might be saving money to build up a war chest for further acquisitions or to withstand any shocks CBN might throw their way in the future. Zenith still remains the sexiest of them all.
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 5:18pm On Mar 06, 2020
emmasoft:


Mark down happens on the first day of the range of days for the close period.

Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 5:19pm On Mar 06, 2020
pluto09:



This is how they are going to overtake zenith and Gtb.
grin grin grin grin

Lol. In the words of NTA of old, 'You can't beat the reach'
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:22pm On Mar 06, 2020
Brent at 45 Lol
This thing wan lose 10% today alone
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 5:26pm On Mar 06, 2020
How are our brothers in the lord doing in their next level USA stocks. Hope they are enjoying their next level trading on wall streets from Naija.

Cc: oga oakpearl and co
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 5:39pm On Mar 06, 2020
currentprice:
http://www.nse.com.ng/Financial_NewsDocs/29309_ACCESS_BANK_PLC._FINANCIAL_STATEMENTS_MARCH_2020.pdf

Dividend 40k

grin grin grin grin

Audio EPS naaa. LOL.

But I trust their MM. They are gonna defend the share price.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 5:47pm On Mar 06, 2020
emmasoft:
Mark down happens on the first day of the range of days for the close period.
Lion123:
Thanks
You said thanks. shocked
Can you pls repeat his explanation in layman's terms cos my dictionary can't even break the oyibo down. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 5:53pm On Mar 06, 2020
currentprice:
http://www.nse.com.ng/Financial_NewsDocs/29309_ACCESS_BANK_PLC._FINANCIAL_STATEMENTS_MARCH_2020.pdf
Dividend 40k
grin grin grin grin
They tried nah. Was it not N25kobo they paid last FYE.
They're still integrating, it will keep going up. grin MM to their rescue .....it wouldn't fall that much as we may expect. My opinion.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 5:57pm On Mar 06, 2020
Ucap closed at 3.10 while Afriprud closed 4.70 despite the juicy dividends. Wonders shall never end in this NSE..
......but who is their MM? The coy directors should fire them.and employ Fcmb or GTB MM instead. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:07pm On Mar 06, 2020
seyisanya:

UPDATE:
After just one week: Sold ETI@N6.30, Eternal Oil@N2.19, FCMB@1.85, Fideliy@2.02. Despite the uncertainties around the world, money can still be made....so, BARGAIN HUNTERS, TAKE NOTE cool cool cool
Nice!!
We should know that rise or fall doesn't move on straight line perpetually and somewhere in the middle, bargains still surface. Market monitoring is key to traders' spotting bargains too.

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