Nigerian Stock Exchange Market Pick Alerts - Investment (6212)

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Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 2:50pm On Jan 15, 2021

If you have large volume of NNFM( Northern Nigeria Flourmills for cross deal please send me DM

Thank you

Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 2:52pm On Jan 15, 2021

Wow, that's some pummeling undecided

bigjay01:

not by any chance, it wasn't a dividend paying stock so the N45-50K (after all buy/sell commissions) has been eroded by inflation! (time value of money in view)
in 2009 when i did the IPO, I changed £1 to ~N200.
Do the maths!

I don't normally quote figures, but this is to put things into context and sound a note of warning to newbies
Do not get carried away!

Re: Nigerian Stock Exchange Market Pick Alerts by Dsticks47(m): 3:00pm On Jan 15, 2021

InaNla:

Where is my account number?

I don’t get you sir.

Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 3:19pm On Jan 15, 2021

Zagee:
In the meantime
https://www.premiumtimesng.com/business/business-news/436701-nigerian-authorities-seize-first-banks-assets-over-shells-n183bn-debt.html

excerpt:

The November ruling implies the “coast is clear for enforcement of the judgment of 2010,” said Lucius Nwosu, one of the community’s lawyers.

“First Bank will not honour their guarantee because they, at their own peril, failed to get a cash backing from Shell before they issued the guarantee,” he added.

Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 3:22pm On Jan 15, 2021

nna777:

They haven't even raised up to #1Billion yet. From the report I read, they will need to raise $70 million within 12months which I think started from December last year. I still see more upside. Not a buy recommendation.

I believe they are pumping up the price preparatory to a public/private offering. otherwise where is the money gonna come from?
I have been wrong severally, I may also be wrong this time around

Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 3:22pm On Jan 15, 2021

NewBola:
Opted for more JB instead

welcome on board

Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 3:59pm On Jan 15, 2021

austinkenneth:
Mutual Benefits appears to be on steroids. People have finally realised the value here. This stock traded at N0.20 with no takers, at a P/E of less than 1 [b][/b]for months.

I'm not giving up my shares until N1.00

If it does, I'll make a killing grin

Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 4:03pm On Jan 15, 2021

prettyirene:
Dear all, happy New year and thanks for all your contributions. I have been following this thread since November last year, decided to follow the advise of gurus in the house not to invest but wait for first quarter. I would need your advice on what store is to invest in. I also got my fingers burnt in the 2008 meltdown. Would like to try the NSE again .I am aiming for short and medium term investment. Thanks

Do not come back with what you cannot afford to lose!
It is better to buy a dividend paying fundamental stock at current levels so that even if goes pear shaped you can still get some cash flow from the investment. The like of ZB/GT et al comes to mind.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 4:54pm On Jan 15, 2021

OBAGADAFFI:
Dividend yield

Pls is this what the dividend payment will be expected to be paid for 2021?

Re: Nigerian Stock Exchange Market Pick Alerts by prettyirene: 4:58pm On Jan 15, 2021

bigjay01:

Do not come back with what you cannot afford to lose!
It is better to buy a dividend paying fundamental stock at current levels so that even if goes pear shaped you can still get some cash flow from the investment. The like of ZB/GT et al comes to mind.

Thanks I truly appreciate

Re: Nigerian Stock Exchange Market Pick Alerts by prettyirene: 5:02pm On Jan 15, 2021

Mcy56:

You're always coming in when prices are up.........
I've directly and indirectly mentioned this UCAP here times without number.......@ below 5.
I hope you take responsibility for your pick at this time.............
If you're tempted, then follow your mind....

Sis, I sent you pm. Happy New year �

Re: Nigerian Stock Exchange Market Pick Alerts by ositadiima1: 5:17pm On Jan 15, 2021

Olaide1295:

Can you do this same analysis for 2019?

It lost money in 2019.

I think the strategy needs some tweaks.

I will post results tomorrow, I have been very busy today.

#systematic_trader

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:19pm On Jan 15, 2021

9free:
Can nature short-circuit just this weekend so that tomorrow becomes Monday? This current Wapic run must not stop.

I left the ship already just left insignificant units for records purposes grin

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:20pm On Jan 15, 2021

vacanci:

Pls is this what the dividend payment will be expected to be paid for 2021?

Towards month end

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 5:30pm On Jan 15, 2021

OBAGADAFFI:

Towards month end

How come the dividend is already known when the annua financiall report is not yet out. Board meeting not yet held. Pls I would like to k ow

Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 5:32pm On Jan 15, 2021

ukay2:

Which sound stocks that have not appreciated more than 100% since March 2020 low?

Which sound stocks have given 600% in the past three weeks?

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:42pm On Jan 15, 2021

Deadlytruth:

Which sound stocks have given 600% in the past three weeks?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:44pm On Jan 15, 2021

Deadlytruth:

Which sound stocks have given 600% in the past three weeks?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 5:50pm On Jan 15, 2021

9free:
Can nature short-circuit just this weekend so that tomorrow becomes Monday? This current Wapic run must not stop.

My SA tells me that WAPIC is on the move and Monday is likely to come with new dimensions.

Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 5:53pm On Jan 15, 2021

austinkenneth:
Mutual Benefits appears to be on steroids. People have finally realised the value here. This stock traded at N0.20 with no takers, at a P/E of less than 1 [b][/b]for months.

I'm not giving up my shares until N1.00

Honestly I wondered how come it took the market this long to discover the excellent P.E. value of that stock.

Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 6:03pm On Jan 15, 2021

Zagee:
We queue up everyday just to get 200k units on Champion . Na wa oh

That CHAMPION seems to be a good illustration for gravitational potential in Physics. So much of force but no movement save today.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 6:10pm On Jan 15, 2021

prettyirene:
Dear all, happy New year and thanks for all your contributions. I have been following this thread since November last year, decided to follow the advise of gurus in the house not to invest but wait for first quarter. I would need your advice on what store is to invest in. I also got my fingers burnt in the 2008 meltdown. Would like to try the NSE again .I am aiming for short and medium term investment. Thanks

Why run away in 2008 just because of the meltdown hit?

By running away from the market then you only denied yourself the opportunity to learn from experience and become a pro by now. Most of us you see here all had a brush of the 2008 show but we stayed put in the market because we had nowhere else to seek genuine financial freedom, and today we don't regret it.

Rise o fallen fighters..
Rise and take your stands again
Cos he who fights and runs away
Lives to fight another day.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:31pm On Jan 15, 2021

Deadlytruth:

Why run away in 2008 just because of the meltdown hit?

By running away from the market then you only denied yourself the opportunity to learn from experience and become a pro by now. Most of us you see here all had a brush of the 2008 show but we stayed put in the market because we had nowhere else to seek genuine financial freedom, and today we don't regret it.

Rise o fallen fighters..
Rise and take your stands again
Cos he who fights and runs away
Lives to fight another day.

Re: Nigerian Stock Exchange Market Pick Alerts by Danniee(m): 7:36pm On Jan 15, 2021

Transcorp +Oil is a goal

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:39pm On Jan 15, 2021

Danniee:
Transcorp Oil is a goal

Why you announce am na...? People wey no enter today go queue up from MONDAY grin

Re: Nigerian Stock Exchange Market Pick Alerts by Olaide1295: 7:39pm On Jan 15, 2021

ositadiima1:

It lost money in 2019.

I think the strategy needs some tweaks.

I will post results tomorrow, I have been very busy today.

#systematic_trader

Alright.
I also think it would lose money in 2018.
March-December last year is basically lowest to highest.

Anyways, can you share the NSE historical data on Kaggle, CSV or sql.
Make I test with Machine learning.

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 7:41pm On Jan 15, 2021

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:43pm On Jan 15, 2021

megawealth01:
Why you announce am na...? People wey no enter today go queue up from MONDAY

Have you find out why the heavy sell off?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by moneymanager: 7:50pm On Jan 15, 2021

bigjay01:

not by any chance, it wasn't a dividend paying stock so the N45-50K (after all buy/sell commissions) has been eroded by inflation! (time value of money in view)
in 2009 when i did the IPO, I changed £1 to ~N200.
Do the maths!

I don't normally quote figures, but this is to put things into context and sound a note of warning to newbies
Do not get carried away!

So an approach one may take is this
Let naija money stay in naija
For you to invest here you must visit at times so manage the money you send here in such a way that it provides yearly funds for any naija activity

See it this way if you are living in naija and not traveling, you wouldn’t change your funds to foreign currency because of fear of inflation or devaluation so see naija funds as money that will remain in naija for the long term 20-30 years if possible.

Have separate annual targets for the funds in different countries
Like you can try 15-50% profit annually for naija
Pls note that for places like the states 10% returns is a great result

As your naija funds grows and you keep researching and investing you will learn more and know how to manage it better

I believe as long as naija funds remains in naija then it’s nit really a loss. You may convert profits
The gain in taxes also matters as you pay far less taxes in naija than abroad

After about 3-5 years you may compare results of the different indexes you are in and see if it’s actually worth it

Note this approach requires vigilance
You must know what’s going on in the different markets you are playing
If you can work with others in the markets so you have financial herd immunity for financial covid grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:52pm On Jan 15, 2021

locodemy:

Have you find out why the heavy sell off?

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:53pm On Jan 15, 2021

dipoolowoo:
First Bank Loses Assets Over N182bn Debt
https://businesspost.ng/economy/first-bank-loses-assets-over-n182bn-debt/

Understanding Private Equity and Alternative Investments
https://businesspost.ng/economy/understanding-private-equity-and-alternative-investments/

Notore Chemical Industries Shuts Down Plant
https://businesspost.ng/economy/notore-chemical-industries-shuts-down-plant/

N70m Bailout Not Enough for NAHCO—MD
https://businesspost.ng/economy/n70m-bailout-not-enough-for-nahco-md/

First Bank Introduces Virtual Payment Card for Seamless Transactions
https://businesspost.ng/banking/first-bank-introduces-virtual-payment-card-for-seamless-transactions/

2021 Budget: Lagos Plans $137m Foreign Loan, N100bn Bond Sale
https://businesspost.ng/economy/2021-budget-lagos-plans-137m-foreign-loan-n100bn-bond-sale/

Africa Expects Large COVID-19 Vaccine Roll Out in June
https://businesspost.ng/world/africa-expects-large-covid-19-vaccine-roll-out-in-june/

Nigeria’s Inflation Jumps to 3-Year High of 15.75% in December
https://businesspost.ng/economy/nigerias-inflation-jumps-to-3-year-high-of-15-75-in-december/

Ecobank Sponsors TV Show to Raise Funds for Entrepreneurs
https://businesspost.ng/economy/ecobank-sponsors-tv-show-to-raise-funds-for-entrepreneurs/

AB InBev Cancels $165m Investment in S’Africa Over Alcohol Ban
https://businesspost.ng/economy/ab-inbev-cancels-165m-investment-in-safrica-over-alcohol-ban/

Make FBNH do bend down low... Make we feast grin

Re: Nigerian Stock Exchange Market Pick Alerts by Danniee(m): 8:13pm On Jan 15, 2021

locodemy:

Have you find out why the heavy sell off?

Oga Loco, na heavy buy off oooo.
Trascorp don find oil.

1 Like

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