Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,205,003 members, 7,990,758 topics. Date: Thursday, 31 October 2024 at 11:51 PM

Nigerian Stock Exchange Market Pick Alerts - Investment (5956) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11793449 Views)

Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)

(1) (2) (3) ... (5953) (5954) (5955) (5956) (5957) (5958) (5959) ... (8374) (Reply) (Go Down)

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:57pm On Sep 01, 2020
jamace:
grin Are you sure FTNCocoa is not being witch-haunted? How come it is happening now that FTNCocoa is shining? I fear economic politics o. grin
Lol. One of the reasons you don't have to relent in prayers. grin
Why NSE sometimes decide to act anyhow is what I don't understand. Why didn't they pre-inform the public?
Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 12:59pm On Sep 01, 2020
Mcy56:

Lol. One of the reasons you don't have to relent in prayers. grin
Why NSE sometimes decide to act anyhow is what I don't understand. Why didn't they pre-inform the public?
grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:11pm On Sep 01, 2020
GTB: Still standing strong......
Access Bank is distorting UBA's price mvmt....
Zenith: The zig-zag mvmt is not unusual, not new. grin

UPL: This stock is mostly for long termers. Very good dividend payout but volume is the issue, also highly illiquid.....buying/selling high volumes could be tasking.......just my opinion.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 1:31pm On Sep 01, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:39pm On Sep 01, 2020
dipoolowoo:
BREAKING: NSE Suspends Trading in Shares of Six Firms
https://businesspost.ng/economy/breaking-nse-suspends-trading-in-shares-of-six-firms/
jamace:
grin Are you sure FTNCocoa is not being witch-haunted? How come it is happening now that FTNCocoa is shining? grin
See what happened to Ftncocoa.
Suspended before issuing a notice. Village pple at work ..... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:45pm On Sep 01, 2020
Zagee:
Hahaha.. currently riding the tesla split waves for some quick gains oh!!
Will book my e-flight back to Nigeria ahead of October market grin
Lol. Wish you good luck!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:48pm On Sep 01, 2020
zionaigbokhan:
What is happening to FtnCocoa?


It will be the new Okomu or Presco
Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 2:14pm On Sep 01, 2020
Somebody is calling NSE burial ground while i bought GTbank at N18. check am na... grabs a bottle of sobo... see you in November grin grin grin

GTbank making us proud since 1960 cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:14pm On Sep 01, 2020
Banking stocks' regulatory approval pala.ver..........maybe CBN is anti-minority shareholders welfare. lipsrsealed
Banks who submitted earlier should be getting close by now anyway.......
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 2:27pm On Sep 01, 2020
Mcy56:
GTB: Still standing strong......
Access Bank is distorting UBA's price mvmt....
Zenith: The zig-zag mvmt is not unusual, not new. grin

UPL: This stock is mostly for long termers. Very good dividend payout but volume is the issue, also highly illiquid.....buying/selling high volumes could be tasking.......just my opinion.

Am sure when GT touch 26, we will see some movement in zenith.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 2:28pm On Sep 01, 2020
Mcy56:


See what happened to Ftncocoa.
Suspended before issuing a notice. Village pple at work ..... grin
Dont mind them. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:48pm On Sep 01, 2020
USD now N430 shocked

BARGAIN HUNTERS TAKE NOTE!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 3:27pm On Sep 01, 2020
Mcy56:

FCMB's MM seems determined to keep the stock price going.....considering the type of bids at N2 region....... but why not key-in before it gets to N2?
Don't you think jumping in now is more of a risk?
I can remember that the same FCMB was highly emphasized here when it was around 1.50/1.55.
Anyway, one thing is that Mr. Market has a mind of its own......but I'll say, wait for some pullback cos it seems it's the MM that keeps pushing the price now. My ogas may have different opinion.
Maybe you should keep eye on Fidelity movement instead.......
am in the Bus already... just want to know if I can jump out n wait for pullback?
Re: Nigerian Stock Exchange Market Pick Alerts by Ibrahim505(m): 3:35pm On Sep 01, 2020
Zoom video currently on 41% gain today. There is money in NYSE!
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:23pm On Sep 01, 2020
Ibrahim505:
Zoom video currently on 41% gain today. There is money in NYSE!

I think there is a thread for this

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Ibrahim505(m): 4:36pm On Sep 01, 2020
emmanuelewumi:

I think there is a thread for this
OK
Re: Nigerian Stock Exchange Market Pick Alerts by longlife20: 6:48pm On Sep 01, 2020
i just saw this, tesla drop from over $2250 to $450. Is this possible?

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 6:57pm On Sep 01, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 7:03pm On Sep 01, 2020
longlife20:
i just saw this, tesla drop from over $2250 to $450. Is this possible?
There was stock split for Tesla & appl stocks effective yesterday.
grin grin grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 7:08pm On Sep 01, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by longlife20: 7:12pm On Sep 01, 2020
BullBearMkt:

There was stock split for Tesla & appl stocks effective yesterday.
grin grin grin grin grin

ok thanks, I was surprised when i saw massive drop
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 7:20pm On Sep 01, 2020
currentprice:
http://www.nse.com.ng/Financial_NewsDocs/31349_U_B_A_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2020_FI.pdf


grin grin grin

Why u come dey post H1 instead of Q3 naw? wink cheesy grin
I believe Q3 will come in good though.
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 7:38pm On Sep 01, 2020
To whom it may concern.

The management of the Nigerian Stock Exchange (NSE) has suspended trading in the shares of six companies listed on its trading platform.

As a result of this action, shareholders of the affected firms will not be able to trade the stocks of the companies at the exchange until the embargo is lifted by the NSE.

A notice to stockbrokers on Tuesday, September 1, 2020, explained that the organisations were suspended from trading their equities on the exchange because they failed to adhere to the listing rules.

Business Post gathered that the affected companies are FTN Cocoa Processors, Medview Airline, Niger Insurance, R.T. Briscoe (Nigeria), Union Dicon Salt and Capital Oil.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 8:11pm On Sep 01, 2020
onegentleguy:
Why u come dey post H1 instead of Q3 naw? wink cheesy grin
I believe Q3 will come in good though.
Boss are you talking about UBA?
Q2 is what we're expecting and it's out with 0.17kobo proposed interim dividend.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 8:21pm On Sep 01, 2020
Mfunkynation:
am in the Bus already... just want to know if I can jump out n wait for pullback?
Okay. We don't know what FCMB is coming with in their Q2 result.
If you've made considerable profit you may sell and wait for pullback..........it's just my opinion but just follow your instinct anyway.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:59pm On Sep 01, 2020
Mcy56:

Okay. We don't know what FCMB is coming with in their Q2 result.
If you've made considerable profit you may sell and wait for pullback..........it's just my opinion but just follow your instinct anyway.
FCMB q2 has being released since naa.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:03pm On Sep 01, 2020
Mcy56:

Boss are you talking about UBA?
Q2 is what we're expecting and it's out with 0.17kobo proposed interim dividend.
Hmm UBA result not too impressive oh. PAT fell. Hope Access won't do worse after bearing the stamp duty charges of their customers.
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:20pm On Sep 01, 2020
Mcy56:

Boss are you talking about UBA?
Q2 is what we're expecting and it's out with 0.17kobo proposed interim dividend.

Sorry dear,
I forgot that its half yr reports that we are expecting. wink cheesy grin
3k drop in interim divided compared to previous yr distribution.
Looking at the report, we might as well pass some of the blame on covid-19 !! Apparently, the bank had to make donations in that line as part of its CSR.
That donation of over N4.7B was indeed one of the key contributors to the higher expense line(other OPEX in view) ...the other was the surge in remittance for contract services by over N4.8B YoY.
Those 2, together with the mark-up on impaired assets and higher admin expense, explains the ~21.7% drop in NET MARGIN despite increased NII and NFCI.
Good that NIM retains a positive track though.

Drawback? Yes, but earnings trajectory remains stable.

UBA still remains UNDERVALUED at the current mkt price.

Selah

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by zionaigbokhan: 5:32am On Sep 02, 2020
onegentleguy:


Sorry dear,
I forgot that its half yr reports that we are expecting. wink cheesy grin
3k drop in interim divided compared to previous yr distribution.
Looking at the report, we might as well pass some of the blame on covid-19 !! Apparently, the bank had to make donations in that line as part of its CSR.
That donation of over N4.7B was indeed one of the key contributors to the higher expense line(other OPEX in view) ...the other was the surge in remittance for contract services by over N4.8B YoY.
Those 2, together with the mark-up on impaired assets and higher admin expense, explains the ~21.7% drop in NET MARGIN despite increased NII and NFCI.
Good that NIM retains a positive track though.

Drawback? Yes, but earnings trajectory remains stable.

UBA still remains UNDERVALUED at the current mkt price.

Selah
Thanks OGG for always taking time to put things through. God Bless you Sir

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 5:36am On Sep 02, 2020
onegentleguy:


Sorry dear,
I forgot that its half yr reports that we are expecting. wink cheesy grin
3k drop in interim divided compared to previous yr distribution.
Looking at the report, we might as well pass some of the blame on covid-19 !! Apparently, the bank had to make donations in that line as part of its CSR.
That donation of over N4.7B was indeed one of the key contributors to the higher expense line(other OPEX in view) ...the other was the surge in remittance for contract services by over N4.8B YoY.
Those 2, together with the mark-up on impaired assets and higher admin expense, explains the ~21.7% drop in NET MARGIN despite increased NII and NFCI.
Good that NIM retains a positive track though.

Drawback? Yes, but earnings trajectory remains stable.

UBA still remains UNDERVALUED at the current mkt price.

Selah

Thank you Sir

But let's punish UBA small for not given us our 20k or increase it to 25k self..

....don't we need donations to ourselves as shareholders in this pandemic too?

Hoping UBA will come down to sub-N6 self grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by EchoLima262: 6:10am On Sep 02, 2020
What's the Qualification Date please?
Mcy56:

Boss are you talking about UBA?
Q2 is what we're expecting and it's out with 0.17kobo proposed interim dividend.
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 9:13am On Sep 02, 2020
EchoLima262:
What's the Qualification Date please?

15TH SEPT, 2020

(1) (2) (3) ... (5953) (5954) (5955) (5956) (5957) (5958) (5959) ... (8374) (Reply)

Viewing this topic: Monibabakan(m), bovali(f), seyisanya(m), fostermd(m), ATPx and 9 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 41
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.