Zagee:
Access support on 10.15,
UBA 8.15( based on the usual 20% appx margin btwn Access and UBA)

We COULD see Intbrew & Caverton at circa 8 & 2 respectively by July.

In the event of the prophecy of which I am still trying to unravel with AI😁, all these figures evaporates.

Due diligence is STRICTLY ADVISED

Streetinvestor2:
ok ma.The majority will have thr way and the minority will have thr say.Not calling out anybody oh

Streetinvestor2:
What can the righteous do if the foundation is corrupt. Nobi only jagaban bull na jagaban corruption. Way the motivational speakers.I hope newbies are not being slaughtered, lol

yMcy56:

Oga relax...
We don drop mic for you for now, when the bull resume, you go drop am, make we dey do am turn by turn....

The corruption don incite plenty fear inside people, so na short short profit taking dey reign now...

* GTCO, ACCESS, stabilizing now.....
* BUAFOODS, Geregu....Up...

Yes bull will hold very well people just dey fear

Krisuba:
Seems that the bull just encountered serious road block and is being pushed back by the bear!!

Streetinvestor2 :
You are perfectly in order. Infact you are to moderate in this figures. If mugu no fall how guy men wan take chop.And you know plenty guy men dey here

emmanuelewumi:



Be careful, on what basis. I have the following intrinsic values using 5 years average EPS and 5 years average return on equity and then making provision for margin of safety


GTB 45
Zenith 42
Access 24
Uba 20
Fidelity 11
FCMB 9
MTN 320
FMN 43
Sterling 7
DSR 42
Nascon 21
Nestle 1500
Dang cement 330

locodemy:
The impact of subsidy removal in the stock market.
Imagine buying fuel at #235 on Monday afternoon, by the evening same fuel costs #500.
On Tuesday, there was a sharp rise in stocks.
My take is for this subsidy removal to work for a common man, the stock market where the common man is hopeful need to be on a steady rise for a period of time.
If Tinubu can do this, he is going to be better than Bubu who didn't allow his common citizens to have a breathe of life in his regime.

debeey87:


Jeje with all this projections abeg.

emmanuelewumi:



Be careful, on what basis. I have the following intrinsic values using 5 years average EPS and 5 years average return on equity and then making provision for margin of safety


GTB 45
Zenith 42
Access 24
Uba 20
Fidelity 11
FCMB 9
MTN 320
FMN 43
Sterling 7
DSR 42
Nascon 21
Nestle 1500
Dang cement 330

Seunn11:


🤣🤣🤣
FBNH is conveniently missing on this your list.

emmanuelewumi:



Everyone is right, stocks on NGX are dirt cheap and most stocks can still do 25% in order to get to their intrinsic value.


Market sentiments, interest rates, happenings in global economy can still make stocks on NGX to lose


But on the long run market logic will always overtake market sentiment.


Iñ the market, we have price and we have value. Ability to identify difference between price and value, and then use it to ones benefits is the key to a long term success in the stock market.


Surprised, those who sold GTB at N20 are now ready to buy at N30. No be juju be dat

Ballzproblem2:
na today we don dey hear say USA go default on their debt , they'll raise the debt ceiling.

yok:
THERE IS NO PHILOSOPHY IN INVESTING
Have your indicators in place, buy when your indicators say buy and sell when your idea looks wrong.

Taking clue from the above, I will sell my Chinese ETF (at a loss, yes at a loss and I am happy). I have realized that anybody can be wrong, currently everybody that played on China revovery are under water, big funds and even the world bank (at a time early this year world bank was talking with the undertone that China's economy will safe the whole world from likely recession, but alas China is not performing at the moment). Market is a case of "bi egun eni ba fe jo, to o ba so wipe ohun ojo mo, there is nothing you can do". What the yoruba proverb is saying is that market is the owner of the masquerade (if maket is saying it want to be bullish), market can decide not to be bullish again. So as an investor I obey the market, so China bullish masquerade has decided not to dance, so I get out of my trade.

Looking at the premarket, this AI matter seems to have captured everywhere. Looking at the AI stocks, we need to pick one that can stand the test of time. Good thing is that most big equities are in AI, so this madness may last for some time. Therefore, my take is that if you don't have much idea about AI, just buy NVDA (it has all the foundation that all AIs are built upon) and go to sleep, let the market do the rest (like of NVDA may likely do what TSLA and Amazon did in the past).

Good luck to everybody. Some pre market gainers (AI related are shown blow)!!!

In conclusion, can you imaging that AI will not be able to take over investing totally, stocks picked by AI sometimes too suffer loss. But, if you do not have AI stock in your portfolio, you may likely regret latter.

BabsO2:


LPI's and or FPI's taking positions. Hope by the time masses wake up again and rush into NSE, they will not dump on them. By then it will be in the news the best thing bla bla to do is be in NSE. If you are not in, you are missing bla bla. Then people will rush in while they cash out.

Ades1:



You see all those bolded things? I have no idea what any of that is and I honestly don't care lol,

Based on the name, I am guessing Aman is some expensive hotel in Dubai? I have no plans to ever go to Dubai lol

Thank goodness my wife does not know what La Mer is

As for my kids, I expect scholarships lol.

God willing, if I stay alive until I frail, my portfolio will be large enough to take care of that.

Good luck with your dollar dollar though, I hope everything works out for all of us

yok:
THIS MARKET IS SWEET AT THIS POINT IN TIME
We are waiting for Powell speach around 5.30pm west African Time. No we are scheding our risk avoiding coat, we want to embrace some risk. And were should be embrace the risk- AI of course.

ositadima1:


Investing in solid companies, keeping track of their performance over time, and rebalancing your portfolio is just as good as investing in foreign markets. This is because, even if it is a slow process, good companies must revalue the cost of the products they provide to their consumers, which will result in better profits. In short, sooner or later, every good stock you see on the NGX will move up to adjust to inflation. This is inevitable.

If you have 200, invest it in a good stock instead of bonds or treasury bills to fight inflation. If you are a good trader, you can do even better.

yMcy56:

TBH, I don't think he has violated any rule as far as I'm concerned.

You picked a stock, you're no longer comfortable holding, one big man approached you to back down and give you a good offer for your stakes, you accepted, cash in your profit and move on.....

SEC also confirmed no rule has been violated.
It's not his fault that people rode on his name to acquire Transcorp nah. Na jejely he go do biz there.

Redoil:

they are legal thieves that knows how to steal big, become rich and be forming big boys.
Transcop withing a year is flying from .50k to N5 with correspond increase in income earning
like fort oil that rose from N5 to N120 when otedola sold and ran away the stock fell back to N10 and was cunningly remained Adova oil.
Now the yeye Ardova oil is back to profit and they want to buy out minority share holders off and go private

yMcy56:

Buy cutlass. Na season film, e fit still get part 2....

In another news, CHAMS is getting quite some attention today......
Some crossings @28k........
On mini full bid as at now.....

locodemy:


Na wetin go come happen now wey Transcorp no get better Q1 result?

Make I go buy a big cutlass

yMcy56:
UBN..

MANSARD..

2 out of the numerous ones that has been directly or codedly mentioned in my posts at different times.......Geregu, JP, BUAFOODS, BUACEM, Fidelity, FCMB, HW, and quite a lot as Mr. Market , news, Financials dictates.

This is not to proof or justify anything but at least to clear the misconception of @ihelp . If these plenty posts are made and all you could see there is "North" and "South", then I don't think anyone can help you here.

Reading is just so difficult for some people. If you can read and decode btw the lines, you will benefit a lot from my posts as well as some pple's posts here.
**If you don't understand, simply ask question**
** Also note: I didn't say I recommend them, OGG, CP and the gurus do recommendations here**

Remember many people here have access to first hand and insider info but won't share it.......some after they finished loading, they'll come and share, while you're rushing to load at high price, they'll be busy exiting with profits.

Camoready:


Please has anyone received

Zagee:

So he has the "ways and means" to take Transcorp to 2.45 but held it down for this long. Already some introspection going on at the start of trade. Let's see what comes in at noon.

vacanci:


the buyers of Geregu are presently in prison. Na monkey business

robobo:


After this 10% WHT, is the balance still subject to PIT (Personal Income Tax) if the dividend is paid to an individual?