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Nigerian Stock Exchange Market Pick Alerts - Investment (7143) - Nairaland 131210

Nigerian Stock Exchange Market Pick Alerts (13155955 Views)

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megawealth01: 11:55am On Jul 14, 2023
yMcy56:

I read one positive news about it, partnering with one state or so, maybe Lagos, not sure.....
Could be the reason for the activities.......some investors are selling as well as some buying....
Yes it's LAGOS
Toluway: 11:55am On Jul 14, 2023
yMcy56:
GEREGU @330 in the face of this red...... smiley
Keeping eyes on Electrity stocks....

Quite some activities here and in DANGCEM.......share buy-back coming up on 17/18th, that's if they haven't started already self.

* Not any form of advice pls*
You probably don't want to recommend this stock now because of the general bear. It was bullish from all parameters few minutes ago ago. That could however change any moment though. Just as Dangote Sugar fell back to #30 within a twinkle of an eye few minutes ago.
megawealth01: 11:55am On Jul 14, 2023
grin
jarkbauer:

Serious trapping
megawealth01: 11:56am On Jul 14, 2023
MeezPat:
Some people are locked in Chams and JaPaul
They are to blame
vacanci: 11:57am On Jul 14, 2023
MeezPat:
Some people are locked in Chams and JaPaul

That's why the elders here keep talking about having ur positions in liquid stocks. e get why. It's for days like this.

Some might remain in this prison for another couple of days.

imagine CHIPLC with only 3 trades so far.

you need to come out early to succeed prison break from CHAMS and JAPAUL. The queue to come out no be here.

3 Likes

yMcy56: 12:00pm On Jul 14, 2023
ebuka1997:
Your thoughts on WAPCO abeg?
My ogas here have analysed WAPCO...
Currently shedding...
You can keep eye on the price movement to know when it bottomed.......you know I follow the market in some of these stocks, especially not on my watchlist..... smiley

Oga EMMA as a value investor has provided enough guide for investors.
You may check out his posts on it.....as well as OGG's posts too.

* I think 22/23 shouldn't be a bad junction........that's if it gets there.

1 Like

Mpeace(m): 12:01pm On Jul 14, 2023
MeezPat:
Some people are locked in Chams and JaPaul
The bulls will return, but I think the whole market bears have alot to do with the pending Judgment of the Presidential Elections tribunal which should come by this month end or early August.

1 Like

yMcy56: 12:04pm On Jul 14, 2023
Toluway:

You probably don't want to recommend this stock now because of the general bear. It was bullish from all parameters few minutes ago ago. That could however change any moment though. Just as Dangote Sugar fell back to #30 within a twinkle of an eye few minutes ago.
Uncle Tolu, I don't recommend stocks ooo.
Can only point it out for possible pick....

Besides, at different times, we've talked about DANGCEM here, the tranche share buy-backs and can saying it will benefit long termers who can be patient with Alhaji......Since when DANGCEM was selling at Circa 200 or so.....
Arduino should this, even if no one else's......make Una no mind my English. grin

** Oga Tolu, from now on self, I don't think I'll point any stock out here again.......when the going is going good, everyone will be happy, but when market turns back, it will be blame upon blame.......not encouraging at all.
* If someone should point or even for those recommending, should recommend a stock and a possible entry price, do they still want us to tell them the exit price? (Except for TA guys anyway)
I don't seems to understand people here.... smiley
Marketapprentic: 12:05pm On Jul 14, 2023
megawealth01:
They are to blame

grin You and Loco were the ones that lead them to slaughter house for your selfish reasons.

4 Likes

Toluway: 12:09pm On Jul 14, 2023
Toluway:

You probably don't want to recommend this stock now because of the general bear. It was bullish from all parameters few minutes ago ago. That could however change any moment though. Just as Dangote Sugar fell back to #30 within a twinkle of an eye few minutes ago.
Sorry, Dangote Cement is back to red. From #335 with 17m Volume to about #326
jarkbauer: 12:13pm On Jul 14, 2023
So what would you advice someone with free 20m to buy
emmanuelewumi(m): 12:15pm On Jul 14, 2023
Marketapprentic:


grin You and Loco were the ones that lead them to slaughter house for your selfish reasons.



Nobody can lead you to the stock market slaughter house, without giving them the permission to do so

5 Likes

vacanci: 12:18pm On Jul 14, 2023
See INTBREW that did not enjoy the bull run is here suffering the bear.

This life no just balance

6 Likes

Willie2015: 12:22pm On Jul 14, 2023
Toluway:

Sorry, Dangote Cement is back to red. From #335 with 17m Volume to about #225

Share buy back next week...
Should move it back to 360 plus..
megawealth01: 12:23pm On Jul 14, 2023
Marketapprentic:


grin You and Loco were the ones that lead them to slaughter house for your selfish reasons.
As adults na grin
megawealth01: 12:25pm On Jul 14, 2023
jarkbauer:
So what would you advice someone with free 20m to buy
Hold your money until you understand this game so you don't blame others

2 Likes

Marketapprentic: 12:26pm On Jul 14, 2023
emmanuelewumi:



Nobody can lead you to the stock market slaughter house, without giving them the permission to do so

The boss man, some newbies can be misled by the supposed informed ones. We all don't have the same temperament/disposition. Loco and Mega na Scammers in technical . MH professionals

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:27pm On Jul 14, 2023
vacanci:
See INTBREW that did not enjoy the bull run is here suffering the bear.

This life no just balance

grin grin grin grin grin grin grin grin grin grin grin grin grin grin angry
customstreet: 12:27pm On Jul 14, 2023
emmanuelewumi:




Not at all, someone said NASCON made EPS of N2.48 in Q1, which was higher than the total EPS for 2022. But I advised him to always use the audited result, give a maximum growth rate of 20% and maximum PE of 15 in order to avoid over paying for the stock.


At the current price of N29.85

Dangote Sugar has EBITDA/ Market Capitalization yield of 27%.

The current free cash flow per share of N6.53 alone multiplied by minimum PE of 8 will give you about N50 per share valuation

Coupled with the cash being piled up by the company, was N175 billion in Dec 2022, it increased to over N180 billion at the end of Q1

My brother, I said it yesterday that that 248k EPS of NASCON is an annualized EPS. Q1 EPS was 62k

Divided this circled PAT with outstanding number of shares, it is equal to 62k and not 248k

Toluway: 12:27pm On Jul 14, 2023
vacanci:
See INTBREW that did not enjoy the bull run is here suffering the bear.

This life no just balance
Almost everything is red right now. God has answered the prayer of someone. He successfully sold off his holdings and has been seriously praying for serious bear. God dey dey really butter the bread of some people sha .

1 Like

megawealth01: 12:28pm On Jul 14, 2023
Marketapprentic:


The boss man, some newbies can be misled by the supposed informed ones. We all don't have the same temperament/disposition. Loco and Mega na Scammers in technical . MH professionals
So avoid them as newbie that you are because no other newbie is crying except you of course

3 Likes

OBAGADAFFI: 12:28pm On Jul 14, 2023
What is driving DAARCOMM
Marketapprentic: 12:28pm On Jul 14, 2023
megawealth01:
As adults na grin


Are those being swindled by fraudsters not adults? Why then condemn the Yahoo Yahoo guys grin

1 Like

customstreet: 12:29pm On Jul 14, 2023
emmanuelewumi:
The merger of Dangote Sugar, NASCON and Dangote Rice to form a new company called Dangote Foods is a continuation of Forbe rating bragging right.

Dangote Foods will have about 15 billion outstanding shares, BUA Foods currently have 18 billion outstanding shares with a market capitalization of over N2 Trillion.

BUA Foods paid a dividend of N4.50k which was about 95% of the earnings for the year, the current price of BUA Foods is over N110 per share.


Don't be surprised to see Dangote Foods at a minimum price of N60 per share going forward.



My opinion though

Not less than N100
Marketapprentic: 12:30pm On Jul 14, 2023
OBAGADAFFI:
What is driving DAARCOMM


Nothing oooo except looking for a way to bail out grin.

Strange things. Bear no wan touch skyaviation
megawealth01: 12:30pm On Jul 14, 2023
customstreet:


Not less than N100
It will definitely require a lot of patience
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:31pm On Jul 14, 2023
jarkbauer:
So what would you advice someone with free 20m to buy

That 20m is even generating money now for you.
Imagine buying a stock of #5 for #3,do you know how much you are currently making?
Don't allow them to butcher your 20m like meat ooo
megawealth01: 12:31pm On Jul 14, 2023
OBAGADAFFI:
What is driving DAARCOMM

Monkey hunting of course grin

Newbies should stay away if they can't handle ooooo... The leader of the newbies association knows himself grin

1 Like

Marketapprentic: 12:32pm On Jul 14, 2023
megawealth01:
So avoid them as newbie that you are because no other newbie is crying except you of course

grin I know many people in severe pain like Fayose of that year grin.

Make I bend if I follow your monkey hunting expedition grin

3 Likes

stcool(m): 12:32pm On Jul 14, 2023
Toluway:

Almost everything is red right now. God has answered the prayer of someone. He successfully sold off his holdings and has been seriously praying for serious bear. God dey dey really butter the bread of some people sha .

Been a while...Good to be back! grin grin grin
ositadima1(m): 12:34pm On Jul 14, 2023
Marketapprentic:


Are those being swindled by fraudsters not adults? Why then condemn the Yahoo Yahoo guys grin

But Mega no follow nah, he only buys stocks. His portfolio may contain 90% of the stocks on the NGX, but he is not interested in MH. grin grin cheesy
Zagee: 12:34pm On Jul 14, 2023
When your preferred stock is about -50%, that is when you start taking considerations. Not that you "want to buy first oh" smiley but "consider" grin

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