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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:42am On Jun 19, 2023

This hike in electricity tariff. Hmm. I hope we are expecting 100k minimum wage, cuz the poor will suffocate oh. Streets are hard!

Reversal / accumulation week.

Travel › Re: Polish Student Visa by Zagee: 11:41am On Jun 18, 2023

Pullout:
Firstly, I’m 25 years old. I finished my secondary school education since 2015 but couldn’t further more because of some unfortunate situation then, I just did my WAEC examination in 2021. Since 2015 till now, I have been learning programming, but now I want to japa cause my future in Nigeria is looking very blurry day by day.

Do you have a portfolio? Is your programming game solid? Do you work?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 4:51pm On Jun 16, 2023

Interim is not my guy, but if this can give some +ve ripple effect to the stock market, 2023 is looking good...

https://nairametrics.com/2023/06/16/president-tinubus-advisory-council-recommends-guidelines-to-strengthen-the-capital-market/

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 7:38am On Jun 16, 2023

Traders will trade

Investors will invest

Hybrids will...
grin

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:48pm On Jun 15, 2023*

ebuka1997:
Will foreign investors return

I like how that writer called PO a REFORMIST. grin

Interim President giving us back2back PR.

Your fear should begin when there are no news again.

*news for the weekend https://www.thecable.ng/tinubu-inaugurates-shettima-led-national-economic-council-says-no-excuse-for-failure/amp

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:12am On Jun 15, 2023

otokx:
You can add interim dividend.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:55am On Jun 15, 2023

As long as generational low will pay dividend. grin

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:23am On Jun 15, 2023

The environment vs FMCG

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 1:57pm On Jun 14, 2023

Wow. Interim dividend is close cheesy

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:30pm On Jun 14, 2023

That guy looking for advice, my comments are:
*News of Fx unification
*news of Oil giant is back
*news of 15yrs high
*news of multi -year highs of stocks
*news of caverton now coming back to profitability, not yet back to pre-covid levels, and also having a maintenance unit.

Do the maths oh and Sit on it.

*advice don full everywhere, he go confuse now

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:08pm On Jun 14, 2023

Pesuzok:
I hope the common man can withstand the inflation that is coming

The streets are hard, the financial market is my soft landing.

4 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:57am On Jun 14, 2023

nosa2:
People who moved to usd few years ago are moving back

Lol, moved 60% the moment I hear unification. It's an EMERGING MARKET!! grin

In other news. https://businessday.ng/news/article/nigeria-officially-floats-naira-as-ie-rate-hits-n755/

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:25am On Jun 14, 2023

Be like say FUGAZ wan return 100 oh. 🤔
NO BE ADVICE OH

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:36am On Jun 14, 2023

Mfunkynation:
Why say "interim President" ?.
Currently, BAT is our President!

Oh well, he's technically defending his win in court. grin

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:07am On Jun 14, 2023*

Insurance companies are bound to improve on performance when people no longer live on a "survival mode" mentality. It is expected to be one of the "major beneficiaries of" or "parameter for" a successful society. Hence, if this administration can pull more persons out of multi-dimensional poverty, we tend to see better performance from Insurance coys.

In other news. Interim president is trying with PR..

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 6:24am On Jun 14, 2023

NNPCL would have been on NSE this month. The prospect! cry

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 5:23pm On Jun 13, 2023

Everybody is happy with a paper profit grin

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 2:21pm On Jun 09, 2023

Mpeace:
What a day. Access 13
UBA 10

Still underpriced. Still trading below Book Value.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 5:01pm On Jun 02, 2023

BabsO2:
FPI's and LPI's paused as I speculated. Till clarity on FX rates, NLC fuel strike threat and other stuff.

There is no finance Minister to give clear cut fiscal directions, not just this general rhetoric going on. I felt this is one position interim presido had covered and knows the candidate. Clearly, he is still consulting. You don't make such bold statements on inauguration day and not literally hit the ground running.

If there's no minster by next week...

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:12pm On Jun 02, 2023

Global outlook:
US Senate passes bill to increase debt ceiling
Oil $71 on the back of an expected OPEC+ decision to cut oil production

Local outlook from the decision as expected
decision above:
More shege on the real economy.
Who is our finance Minister ooooo?!!!! Abi Interim President don take the job like his predecessor did with the oil ministry? grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:30am On Jun 01, 2023

chimex38:
Abeg, Where u see $6m acquisition?

https://thewhistler.ng/insolvency-crisis-rocks-ftn-cocoa-to-forfeit-shares-to-mirae-assets/amp/
True or false

Zagee:
After all, they complained of lacking sufficient operating capital to boost production and balancing the books. If they could get this. Well, let's watch out.
https://thenationonlineng.net/ftn-cocoa-processors-completes-n850m-debt-to-equities-conversion/

Disclaimer: Still a SHITTY company for now

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:47am On Jun 01, 2023

FTNCOCOA: Small push or "oso abiala"

Looking back at the 1.7b shares conversion for 850m naira, that leaves to our imagination a purchase price of #0.5. It took off from 0.3 with there newly secured $6m.

Just thinking

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:18am On Jun 01, 2023

LordAdam16:
CBN has tagged that report as Fake News. Like literally.

https://twitter.com/cenbank/status/1664188877555355654

I still think this is a "where there's smoke..." situation.

It may be wise for those with huge $ holdings to shave off some of it. Buy back after the rate merging is complete. Tinubu has said there will be a single rate and that will happen in the near term. Rates fell as low as 705 in the black market amidst the panic. It's back up right now. But this is a prelude.

When it rains, it pours in the parallel market.

-Lord

They can debunk all they want. That naira MUST be de-valued if they are trying to live post subsidy.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:17am On Jun 01, 2023

toyeoye:
What does this mean for those saving in USD?

Official rate and black market rate will meet at some point(Unification). Unfortunately, its not happening soon as we don't have enough USD reserve to defend the naira(Even with Dangote's refinery). If you're thinking of bringing in your USD into the country, you should expect your yield on whatever naira venture you want to go into to be moderately high on a long-term basis. Else, its not wise saving those funds in any Nigerian bank.

*I did not advice you, I only made a comment.

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 4:15pm On May 31, 2023

BabsO2:
So how our new president moves in the next couple of weeks and months can prevent the global US asset meltdown from impacting NSE negatively. However banks with unduly large amounts of global assets may still be negatively impacted.

Well said.

But all right policies are expected
to De-value the naira.

Nigeria is in one big maze over the next 12 months. And I see only the financial markets winning. Sadly, that's not all what constitute the Nigerian economy 😢

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 3:59pm On May 31, 2023

thesilentone:
Your brokers will be grateful for your generosity.

🤣

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 3:03pm On May 31, 2023

emmanuelewumi:
Over N15 billion was spent in the market today

...and half of that on Geregu? 🤔

1 Like

Travel › Re: Polish Student Visa by Zagee: 2:57pm On May 31, 2023

badBADbichh:
250. Though said it's 500 but my mother knows the guy directly so I got a healthy discount 🤣

You mean half a million devalued naira just to get an appointment date?

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:58pm On May 31, 2023

Ades1:
Interim president? All these Obi followers self, una worse pass Trump followers 😂😂😂😂😂

😏
Today's post market headline should look like "TinuBEARS return".

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:18pm On May 31, 2023

edwardaigb:
Just saw Jagaban's ministers with theirs ministry, Jagaban is serious. Load up.

I hope Interim president's finance Minister can have us all saying; " Omo!! see CV" ?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:41am On May 31, 2023

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

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:55am On May 31, 2023

YoungBuffet:
Sorry bro FBNH is 55

🤣🤣

1 Like

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