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Nigerian Stock Exchange Market Pick Alerts - Investment (7435) - Nairaland 4g1841

Nigerian Stock Exchange Market Pick Alerts (13138146 Views)

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KayOn1: 5:10pm On Jan 03, 2024
megawealth01:


Not all oooooo abeg ooooooo... I move funds from place to place then finally invest them in dividend stocks especially on twice paying dividends stocks
Really?
KayOn1: 5:10pm On Jan 03, 2024
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KayOn1: 5:11pm On Jan 03, 2024
megawealth01:
I need a suggestion of stocks to GAMBLE which will be my first buys of 2024 grin

Timeline?
courage89(m): 5:21pm On Jan 03, 2024
Willie2015:


D kind village people we dey ontop...
Dat Flour Mill matter...
D thing my power.. grin cheesy

Who, what’s keeping Flour Mill from flying? Great fundamentals, strong cash flow, strong balance sheet, credit ratings of A-/A. Why is it still crawling?
Cash balance of 214 billion as of Q2 including their recent debt of 85 billion @12%. This cash balance alone translates into 52 naira per share vs. current share price of 33.10 naira.

I need help guys, what I’m I missing?

1 Like

vacanci: 5:21pm On Jan 03, 2024
emmanuelewumi:
2 trading days of 2024, ASI is currently over 77,000.

90,000 loading by the end of the year.

None of the FUGAZ should not sell for less than N30.

The most profitable and valuable FUGAZ ie GTB and Zenith should not sell for less than N45

please how is the NGX All Share Index calculated. What is the divisor used against the market capitalization ?
megawealth01: 5:25pm On Jan 03, 2024
KayOn1:


Timeline?

2 weeks/one month max just like unitybank
emmanuelewumi(m): 5:25pm On Jan 03, 2024
vacanci:


please how is the NGX All Share Index calculated. What is the divisor used against the market capitalization ?


NGX will always supply you with the figure.

ASI was introduced in 1984 at 100 as the base ASI
megawealth01: 5:26pm On Jan 03, 2024
courage89:


Who, what’s keeping Flour Mill from flying? Great fundamentals, strong cash flow, strong balance sheet, credit ratings of A-/A. Why is it still crawling?
Cash balance of 214 billion as of Q2 including their recent debt of 85 billion @12%. This cash balance alone translates into 52 naira per share vs. current share price of 33.10 naira.

I need help guys, what I’m I missing?



They no wan increase our yearly dividends payment jare
seyisanya(m): 5:27pm On Jan 03, 2024
yMcy56:

You must be a multi billionaire for getting almost all the stocks on NGX ..... grin

ETERNA wey touch 11.85/12.00, I jist didnt say anything about it here again ni....because of what happened during it's first rally........but I think someone was mentioning it sha
I thought I was the only one with this line of thought. No be small thing. That oga is doing very well. Money dey 9ja sha ooo!

2 Likes

megawealth01: 5:39pm On Jan 03, 2024
Prophet abeg any update on Oando because today's rally is suspicious
sboga: 5:42pm On Jan 03, 2024
See pikin Dey do analysis
Check the loss
Check the debt ratio
Day cash I mention Dey translate to 52 u neva open eye fo the debt
Listen enn dis company d management Dey from Greece …dem Dey line up their own pocket come give u 2 Naira dividend of u dey lucky otherwise na 1.5 max.
Run away.

Some Otha shildren dem dey say enternal B oil and gas.
No B so oo na engine oil dem dey


Ppl b laffin today while ur kontrymen dey suffer everywhere no food on plate forget drinks

Selfish ppl dey tire me



courage89:


Who, what’s keeping Flour Mill from flying? Great fundamentals, strong cash flow, strong balance sheet, credit ratings of A-/A. Why is it still crawling?
Cash balance of 214 billion as of Q2 including their recent debt of 85 billion @12%. This cash balance alone translates into 52 naira per share vs. current share price of 33.10 naira.

I need help guys, what I’m I missing?


megawealth01: 6:03pm On Jan 03, 2024
grin
mikeapollo:


Oando could switch from a ''gamble'' to ''strategic'' investment.
Best wishes to both the gamblers and investors!
megawealth01: 6:04pm On Jan 03, 2024
sonofElElyon:
Market makers no dey buy omatek
Modified: guess they only act when price is static

Shebi they later enter multiverse... Although I don't have multiverse but you can see what's up there now?

1 Like

Lionhearted: 6:06pm On Jan 03, 2024
currentprice:


oooh it January already.. okay na shocked shocked shocked shocked

fingers crossed.

EKUU NEW YEAR O

Who are you sir..?

Been following your posts. You are something sir. Always right on the money.

I informed some people about your earlier BTC post in FOREX thread. They collectively made substantial killings, in the 9-digit region.

Profound appreciation sir.

10 Likes

Popson92: 6:55pm On Jan 03, 2024
"No order within permitted trading price range for market order to match with "

Good evening everyone,

please what does the above error message implies while making orders in stock trading?
BabsO2(m): 7:10pm On Jan 03, 2024
.
sonofElElyon: 7:33pm On Jan 03, 2024
megawealth01:


Shebi they later enter multiverse... Although I don't have multiverse but you can see what's up there now?

They ahould add omatek to their list
unite4real: 7:50pm On Jan 03, 2024
courage89:


Who, what’s keeping Flour Mill from flying? Great fundamentals, strong cash flow, strong balance sheet, credit ratings of A-/A. Why is it still crawling?
Cash balance of 214 billion as of Q2 including their recent debt of 85 billion @12%. This cash balance alone translates into 52 naira per share vs. current share price of 33.10 naira.

I need help guys, what I’m I missing?



Flour Mills doesn't seem to be very cost efficient. They have annual turnover of around 1.8Trillion Naira but a whole lot of the huge revenue goes into costs.
Annual profit is struggling to hit 30B naira from the huge revenue.

No food company generates the kind of revenue they chunk out and be making just less than 2% profit.
Revenue N1.8 Trillion and market cap of approx N140B. It's such a shame

3 Likes

megawealth01: 8:23pm On Jan 03, 2024
sonofElElyon:


They ahould add omatek to their list

You don enter?
megawealth01: 8:24pm On Jan 03, 2024
unite4real:


Flour Mills doesn't seem to be very cost efficient. They have annual turnover of around 1.8Trillion Naira but a whole lot of the huge revenue goes into costs.
Annual profit is struggling to hit 30B naira from the huge revenue.

No food company generates the kind of revenue they chunk out and be making just less than 2% profit.
Revenue N1.8 Trillion and market cap of approx N140B. It's such a shame

Sec suppose look into their matter
sonofElElyon: 8:52pm On Jan 03, 2024
megawealth01:


You don enter?

I no see buy .
If i don't get tomorrow, will end my bid
megawealth01: 9:04pm On Jan 03, 2024
sonofElElyon:


I no see buy .
If i don't get tomorrow, will end my bid

OMATEK that use to be the toast of all years back... The founder was a good woman

3 Likes

ojeysky(m): 9:16pm On Jan 03, 2024
megawealth01:


OMATEK that use to be the toast of all years back... The founder was a good woman

Great woman! May her soul rest in peace
yMcy56: 9:28pm On Jan 03, 2024
megawealth01:
They no wan increase our yearly dividends payment jare
Talking about Flour Mills and debt, what can we say about this news? because we needed to clarify it.
The news has been out since December or so.
Make the learned help throw light on it.

https://punchng.com/flour-mills-repays-n52bn-commercial-paper/
megawealth01: 9:30pm On Jan 03, 2024
ojeysky:


Great women! May her soul rest in peace

AMEN... May OMATEK get back to double digits
ProphetUtuocha: 9:34pm On Jan 03, 2024
megawealth01:
Prophet abeg any update on Oando because today's rally is suspicious

It's morning in the day of Oando. Enough said!

2 Likes

yMcy56: 9:41pm On Jan 03, 2024
megawealth01:
Prophet abeg any update on Oando because today's rally is suspicious
- The guy that came towards the last minute looks suspicious.........cleared all the offers on ground.....
- Who knows maybe it's Wale's proxy self.....
- They must have seen how the stock has refused to back down and sell below 10 again, talkless of going back to 7, so the need to start mopping on the floor......or maybe there's more to it, we don't know yet.......na my opinion o. grin

Let's wait and watch how it goes in tomorrow's market again......God willing.

1 Like

megawealth01: 9:42pm On Jan 03, 2024
ProphetUtuocha:


It's morning in the day of Oando. Enough said!

Ok
megawealth01: 9:43pm On Jan 03, 2024
yMcy56:

- The guy that came towards the last minute looks suspicious.........cleared all the offers on ground.....
- Who knows maybe it's Wale's proxy self.....
- They must have seen how the stock has refused to back down and sell below 10 again, talkless of going back to 7, so the need to start mopping on the floor......or maybe there's more to it.......na my opinion o. grin

Let's wait and watch how it goes in tomorrow's market again......God willing.

You notice am too
yMcy56: 10:01pm On Jan 03, 2024
Popson92:
"No order within permitted trading price range for market order to match with "

please what does the above error message implies while making orders in stock trading?
I think you quoted price outside the daily range.
* For each trading day, the bid/offer price should be within the +/-10%
* If you imput a price outside this range, there won't be any Order (bid or offer price) to match it.
yMcy56: 10:06pm On Jan 03, 2024
sonofElElyon:
I no see buy .
If i don't get tomorrow, will end my bid
Between the time you were replied on how to pick DANGFOODS, you would have buy at bargain before today's rally.


Meanwhile, today's trade was one of its kind!!
Quite a lot of stocks with +10% !! shocked
78 stocks appreciated!!
Can't when last I saw it in this format before . smiley

3 Likes

Princkez: 10:32pm On Jan 03, 2024
yMcy56:

Between the time you were replied on how to pick DANGFOODS, you would have buy at bargain before today's rally.


Meanwhile, today's trade was one of its kind!!
Quite a lot of stocks with +10% !! shocked
Can't when last I saw it in this format before . smiley
please who was that guy that quoted high prices for banking stocks some months ago...FBNH @#50, GTCO @70,ZENITHBANK @#70 and so on...do you that post?

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