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Nigerian Stock Exchange Market Pick Alerts - Investment (5889) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (15749932 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by Bbbwings: 1:30pm On Jul 22, 2020
veecovee:
I can't access Morgan here ... how are ur ends folks
Accessible
Re: Nigerian Stock Exchange Market Pick Alerts by Danniee(m): 1:47pm On Jul 22, 2020
Who is really buying Ahlaji's shares?
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:49pm On Jul 22, 2020
Jejebabaa:
I Dey loyal boss. If he no poo, he go vomit as per our Oracle.
U re right jejebabsy ..Any plans you joining uncle T to increase ur uba holdings to 20 million grin

Make i join una
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:49pm On Jul 22, 2020
Coolcash1:
The difference between the two is that when you sell, your bank account gets credited with the proceeds and not your brokerage account. This means you will have to be transferring back to your brokerage account every time you want to buy. I have tried DCS before and had to switch back to brokerage account funding to reduce the impact of bank charges.

So, DCS is not advisable for traders but good for long term investors.
Thanks for this, I am facing same issues with one of my brokers.

Some DCS payment always delay.

I will have to switch to brokerage account.
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 1:58pm On Jul 22, 2020
Somebody is exiting GSK and buying Fidson and M&B
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:59pm On Jul 22, 2020
Bbbwings:
Accessible
... fixed. Thks
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:06pm On Jul 22, 2020
I am buying one stock now at different prices... I will announce when the market closes today... Make I buy finish first grin
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 2:22pm On Jul 22, 2020
lancee:
U re right jejebabsy ..Any plans you joining uncle T to increase ur uba holdings to 20 million grin

Make i join una
Hahaahhaha, 20M units me.
I am yet to increase my holdings in UBA after buying the dip in March. I will be stock piling cash for now until I see better bargains.
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:25pm On Jul 22, 2020
Jejebabaa:
Hahaahhaha, 20M units me.
I am yet to increase my holdings in UBA after buying the dip in March. I will be stock piling cash for now until I see better bargains.
Got you , will watch for more dip if it comes ..Hopefully uncle T go pay usual 20k inter div this time around
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:36pm On Jul 22, 2020
megawealth01:
I am buying one stock now at different prices... I will announce when the market closes today... Make I buy finish first grin
So you want to determine the closing price of the stock today?

Anyway, that is right thing to do to start mopping up cheap value stocks in bits. The price of stock might not get to March low this period considering the rate PFA's are spending up to 15% of their fund buying stocks recently.
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 2:57pm On Jul 22, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 2:58pm On Jul 22, 2020
Heishere:
Jaiz bank alsmost doubled their profit in their Q2 2020 financials

http://www.nse.com.ng/Financial_NewsDocs/30961_JAIZ_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_202.pdf
In my own opinion, I don't think results for banks will move prices. The only hope for now will be declaration of interim dividend which will result in a limping bull.
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 3:06pm On Jul 22, 2020
Danniee:
Who is really buying Ahlaji's shares?
It's people who have seen value at that price and are comfortable with the risk/reward.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:08pm On Jul 22, 2020
nna777:
In my own opinion, I don't think results for banks will move prices. The only hope for now will be declaration of interim dividend which will result in a limping bull.
Move prices to where? Up or down?
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:10pm On Jul 22, 2020
I go announce am soon grin
Ehuatamuigunisi:
So you want to determine the closing price of the stock today?

Anyway, that is right thing to do to start mopping up cheap value stocks in bits. The price of stock might not get to March low this period considering the rate PFA's are spending up to 15% of their fund buying stocks recently.
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 3:11pm On Jul 22, 2020
emmanuelewumi:
Move prices to where? Up or down?
Up.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:14pm On Jul 22, 2020
I bought JAIZ BANK at all the available prices 0.54-0.59 today... That bank making sense to me... Let me see how it gamesgrin
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:19pm On Jul 22, 2020
nna777:
Up.
What will be will be. In the interim continue to enjoy double digits dividend yield
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 3:23pm On Jul 22, 2020
megawealth01:
I bought JAIZ BANK at all the available prices 0.54-0.59 today... That bank making sense to me... Let me see how it gamesgrin
My candid advice - If you see 10% intra day tomorrow and next, sell in tranches and hold the rest at your lowest price entry. You can take your cue from UCAP.

The FOMO gang will appear so you can handover to them.
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:23pm On Jul 22, 2020
grin grin grin
emmanuelewumi:
What will be will be. In the interim continue to enjoy double digits dividend yield
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 3:52pm On Jul 22, 2020
nna777:
My candid advice - If you see 10% intra day tomorrow and next, sell in tranches and hold the rest at your lowest price entry. You can take your cue from UCAP.
Taken right out of my mouth...
Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 5:16pm On Jul 22, 2020
:
DAILY EQUITY MARKET UPDATE. July 22, 2020


MorganCapital Research

Equities Market Close Flat Paired With Improved Trading Activity

The equities market ended today’s trading session on a flat note, as the ASI finished 0.00%, to close at 24,173.53points. 

Market activity improved, compared to the previous trading session, as total volume and value increased by 32.37% and 39.34% to 402.63million units and N4.55billion. UACN was the most traded by volume at 136.77million units and NB was the most traded by value at N1,631.44billion.
What does that suggest? Unbundling in view
Re: Nigerian Stock Exchange Market Pick Alerts by Seunn11: 5:38pm On Jul 22, 2020
Market to pick up from late next week.

How are you doing, people?
Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 5:46pm On Jul 22, 2020
Seunn11:
Market to pick up from late next week.

How are you doing, people?
We are fine
The Class Captain grin
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 5:56pm On Jul 22, 2020
talk2me2:
What does that suggest? Unbundling in view
Yes but the UACN UNBUNDLING will take place next year along with the release of their 2020 FY RESULT all thanks to Covid-19.

BARGAIN HUNTERS TAKE NOTE cool
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 6:07pm On Jul 22, 2020
Coolcash1:
I did too. That is how an efficient market works unlike our NSE.

With depreciating level of naira, i am tempted to hold my investment in usd by selling off most of my stocks on nse and focus on us market.
Good thing I got out yesterday, they released an offering that crashed price... these penny stocks can be something else. I’m also not in NSE now with this devaluation until CBN solves it
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:11pm On Jul 22, 2020
$1 = N475

Very soon

$1 = N500
Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 6:12pm On Jul 22, 2020
PETERiCHY:
Yes but the UACN UNBUNDLING will take place next year along with the release of their 2020 FY RESULT all thanks to Covid-19.

BARGAIN HUNTERS TAKE NOTE cool
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:59pm On Jul 22, 2020
grin
OBAGADAFFI:
$1 = N475

Very soon

$1 = N500
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 7:08pm On Jul 22, 2020
OBAGADAFFI:
$1 = N475

Very soon

$1 = N500
Earlier this year when USD was still trading at N365 we adviced BARGAIN HUNTERS to put their LIFE SAVINGS in USD but someone said they don't spent dollar in Nigeria now the stage is set for a replay of 2016

First port of call is N520 per USD grin grin grin

BARGAIN HUNTERS TAKE NOTE!

Re: Nigerian Stock Exchange Market Pick Alerts by Seunn11: 7:19pm On Jul 22, 2020
talk2me2:
We are fine
The Class Captain grin
Hahaha. Good one.
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 7:24pm On Jul 22, 2020
OBAGADAFFI:
$1 = N475

Very soon

$1 = N500
Speculators are here again?
It can go either way though grin
I only pity those that will buy high when the reversal starts.

The reversal will take people unawares.
Nigeria is gradually becoming food sufficient, very soon the importation of fuel will stop when dangote refinery kicks off.
Nigeria will be great again. grin
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