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Nigerian Stock Exchange Market Pick Alerts - Investment (8294) - Nairaland 3q423

Nigerian Stock Exchange Market Pick Alerts (13113703 Views)

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Ginalex(f): 4:47pm On Oct 17, 2024
Raider76:


Let's see if the TRANSPOWER offers come out tomorrow, and how high those who made that 100k single transaction want to go.
Omo! I can't wait for tomorrow to come. I really want to see the magic that's about to play out grin grin. Opportunity to jump out in the coming days
Emir01: 4:52pm On Oct 17, 2024
designking:

Stocks bought through Bamboo App doesn't seem to receive dividends.

I am yet to receive any dividend from the stocks I bought through Bamboo App.

Chat Bamboo reps on the app to confirm.
ositadima1(m): 4:52pm On Oct 17, 2024
Ginalex:
Omo! I can't wait for tomorrow to come. I really want to see the magic that's about to play out grin grin. Opportunity to jump out in the coming days

I am so happy. grin grin grin

KarlTom: 4:53pm On Oct 17, 2024
grin grin

Ginalex:
Omo! I can't wait for tomorrow to come. I really want to see the magic that's about to play out grin grin. Opportunity to jump out in the coming days
BabsO2(m): 4:53pm On Oct 17, 2024
Ginalex:
Something hoooge is coming... Elumelu stocks are sh*aking their a$$es on a yatch cheesy cheesy.. maybe birthday present go come in early grin grin. I didn't have the audacity to average down much, but I was only able to average down from 358 to 334

In today's market I will pick UBA over Zenith and GTCO. UBA will likely give me more dividend returns in the medium to long term. I bet UBA mandatory capital raise going for +N30. It must be closer to Zenith and GTCO.
Emir01: 4:57pm On Oct 17, 2024
ositadima1:
At 1.2 billion barrels in reserve, even if Oando achieves and maintains 100,000 barrels per day production, it will take roughly 33 years to exhaust it. In my opinion, it is cheap at the current price despite the latest $950 million loan (by the way, the cost of the new acquisition is $783 million; what did Oando do with the remaining $167 million?).

I read the latest publication of "Frankly Speaking" by Dele Sobowale in Vanguard, which claimed that a refinery is a bad investment for Dangote because crude oil is a dying business. That is very wrong. Even if the West manages to reduce dependence on refined fuel, they still need plastics, machine oils, and other byproducts of refineries. I also think that refined petrol and diesel are keeping plastics and other byproducts cheaper; once petrol is of no use, plastic and other products will become more expensive as they will be the main reason for the business.

On a side note, Africa will take much longer to adopt this new technology. I see Mack trucks and cars that are more than 20 years old; in fact, these make up more than 60% of vehicles on the road today. In conclusion, oil and gas refining will still be big business 30 years from now.

grin shocked shocked shocked

30 years? It's not going anywhere. It can only reduce.

1 Like

Streetinvestor2: 5:06pm On Oct 17, 2024
Ginalex:
Omo! I can't wait for tomorrow to come. I really want to see the magic that's about to play out grin grin. Opportunity to jump out in the coming days
The truth is that you may not see bidding of this amount tomorrow after the mm come to do thr 10% thing.i have been on it for weeks now trying to sell my tashiri remaining conoil and JB for the maximum price the stock closed after the magical last 10% they did.
For you I pray it happens soon so that you get out as you wish.Going forward learn not to chase any stock on the move.like aradel it will touch #500 or even below before future up trend.
Sunrisepebble: 5:13pm On Oct 17, 2024
Why are you looking to exit on JB?

Streetinvestor2:
The truth is that you may not see bidding of this amount tomorrow after the mm come to do thr 10% thing.i have been on it for weeks now trying to sell my tashiri remaining conoil and JB for the maximum price the stock closed after the magical last 10% they did.
For you I pray it happens soon so that you get out as you wish.Going forward learn not to chase any stock on the move.like aradel it will touch #500 or even below before future up trend.
Streetinvestor2: 5:19pm On Oct 17, 2024
Emir01:


30 years? It's not going anywhere. It can only reduce.
Nobi wen naija people and Africans see food chop first they will consider buying new vehicle that run on water as latest technology. How many average niaja person can afford brand new chinko car now or innoson car.To even buy direct second hand car now of 2010 model you must budget 10M and above .
Bros fuel is going nowhere in Africa till Jesus returns

4 Likes

Streetinvestor2: 5:25pm On Oct 17, 2024
Sunrisepebble:
Why are you looking to exit on JB?

Rebalancing that particular portfolio. It had 24 different stock. I want to reduce it to half.My BE for the stock was #24 naira. I started selling in batches at #70 plus to increase the quantity of the ones I want to leave behind and can easily give another 100% and above plus good dividend

2 Likes

Ginalex(f): 5:34pm On Oct 17, 2024
ositadima1:


I am so happy. grin grin grin
grin cheesy OSITAAAAA leave my picture alone abeg na grin
Ginalex(f): 5:40pm On Oct 17, 2024
Streetinvestor2:
The truth is that you may not see bidding of this amount tomorrow after the mm come to do thr 10% thing.i have been on it for weeks now trying to sell my tashiri remaining conoil and JB for the maximum price the stock closed after the magical last 10% they did.
For you I pray it happens soon so that you get out as you wish. Going forward learn not to chase any stock on the move. like aradel it will touch #500 or even below before future up trend.
one valuable lesson I learnt this year grin

2 Likes

megawealth01: 6:01pm On Oct 17, 2024
When GTB and ZENITH was suffering from Typhoid fever for a couple of days, STANDARD CHARTERED BANK came through for me...

2 Likes

gbengafaro1986: 6:11pm On Oct 17, 2024
Has anyone using GTbank recieved their access dividend today?

1 Like

Streetinvestor2: 6:15pm On Oct 17, 2024
When is uba #2 payment happening. My dividends are mandated to gtbank . And the app is not showing statements of any range.
vefexam: 6:33pm On Oct 17, 2024
yMcy56:

Lol. It's like the friends have entered one chance.......

* For the NGX Rules, Rule 15.29 takes care of Pricing Methodology and Par Value Price Movements.
* I've posted it here before on some occasions....
* NGX is highly regulated and have rules and regulations that guides her operations, these rules conforms to international standards.
* Pls let's not just jump into anything we see or any house that calls themselves investment house, they might not be legit or it may be those boys that are behind it.
* Do findings, ask questions before you hand over your money to someone for trading purposes.
* with licensed brokers.
* Igi pawpaw o ni wo pa wa o. 😁

Hi, good evening.

I came across this your previous post and the screenshots attached to it.

I have a question?

Does it means that it's only a "single trade by a single entity" of 100k can change the price of a stock.

How about 10 people with 10,000 unit, buy at the same price, will that also change the price?

Or does it mean when share price has 100k accumulative unit bought, then it moves up.

I wanna understand it please
Xidget: 6:47pm On Oct 17, 2024
Ginalex:
one valuable lesson I learnt this year grin
I convinced myself that I have learnt my lesson o. Then boom, Aradel show up and trap me again. Lol cheesy But it wasn't as big as DS cos I only use my MMF interest & Sukuk coupon to buy it.

1 Like

Mpeace(m): 7:00pm On Oct 17, 2024
Xidget:
I convinced myself that I have learnt my lesson o. Then boom, Aradel show up and trap me again. Lol cheesy But it wasn't as big as DS cos I only use my MMF interest & Sukuk coupon to buy it.
Aradel will pay some day. You need to be careful with newly listed companies. They often fall after listing until the market fixes their price.

1 Like

megawealth01: 7:14pm On Oct 17, 2024
Mpeace:
Aradel will pay some day. You need to be careful with newly listed companies. They often fall after listing until the market fixes their price.

You are a valid gamer grin
yMcy56: 7:22pm On Oct 17, 2024
Ginalex:
Omo! That magical jump in Transpower ehn🌚🌚🌚...
More Power to TRANSPOWER..... smiley
The handwriting was written all over the stock in the past few weeks....
Let's see if they've started moving it, long overdue I think.
Made around 189% increase in profit in Q3....
yMcy56: 7:28pm On Oct 17, 2024
austinkenneth:
I'm officially trapped in this. There must be away out.
There'll always be a way out...
Just be patient.......will only require time.
It is what it is now.
It will stabilize at some points........any good news may turn it positive anytime.
See TRANSPOWER too, many bought at high price after listing, some around 380.....think it got to 384 or so when the dumping started.
For those that wait patiently, it will erase their losses over time and move to green zone hopefully.
One of the consolation when you buy fundamentally sound stocks.
yMcy56: 7:41pm On Oct 17, 2024
vefexam:
I came across this your previous post and the screenshots attached to it.

I have a question?
I wanna understand it please

** Does it means that it's only a "single trade by a single entity" of 100k can change the price of a stock.
ANS: YES! Only single transaction of 100k or above. That's the rule.

** How about 10 people with 10,000 unit, buy at the same price, will that also change the price?
ANS: NO! It won't change the price.

** Or does it mean when share price has 100k accumulative unit bought, then it moves up.
ANS: NO! Must be single trade of 100,000 or above.

1 Like

Ginalex(f): 7:48pm On Oct 17, 2024
yMcy56:

More Power to TRANSPOWER..... smiley
The handwriting was written all over the stock in the past few weeks....
Let's see if they've started moving it, long overdue I think.
Made around 189% increase in profit in Q3 alone....
I honestly expected the results to make investors shake body but they refused to shake... Truly it's long overdue
Blaqq2: 7:52pm On Oct 17, 2024
between meritrade and capital morgan, which is better?
shonyboi(m): 7:55pm On Oct 17, 2024
No I haven't and it appears to be because of this their platform migration issue. Haven't been able to trade and purchase stocks being discussed here because of this same issue
gbengafaro1986:
Has anyone using GTbank recieved their access dividend today?
Ginalex(f): 7:57pm On Oct 17, 2024
Xidget:
I convinced myself that I have learnt my lesson o. Then boom, Aradel show up and trap me again. Lol cheesy But it wasn't as big as DS cos I only use my MMF interest & Sukuk coupon to buy it.
NASCON still hold my "big" money that's not so big... I was able to exit DS at 47 when my Wacc was 44 to re-enter last week at 30.80. You'd think I had learnt from NASCON experience, for where?? naim I jump enter power cheesy grin. The funny thing about TPower is I initially entered at 277 or so and exited at 360 o, anya ukwu (oju kokoro) made me re-enter only to be trapped grin grin... Na then I Kon learn lesson for real for real grin grin, dodged Aradel, C&I leasing that rallied to above 4 naira (now wey e don come down, I Kon dey find cheaper price grin), Caverton too grin grin grin

3 Likes

Ginalex(f): 8:03pm On Oct 17, 2024
Streetinvestor2:
When is uba #2 payment happening. My dividends are mandated to gtbank . And the app is not showing statements of any range.
Monday
Bbbwings: 8:06pm On Oct 17, 2024
Somebody should tell morgancapital to continue sending daily price list to our mail. Not seen any for the past week.
freeman67: 8:10pm On Oct 17, 2024
megawealth01:
When GTB and ZENITH was suffering from Typhoid fever for a couple of days, STANDARD CHARTERED BANK came through for me...

Easily about the best bank in Nigeria right now. No unnecessary charge either for SMS or transfer. Free ATM without maintenance charge. Very good network and safety measures in place.

Alternative less (DIY) investment channels for TB, Bond and mutual funds.

The only draw back is no enough branches.

2 Likes

vefexam: 8:21pm On Oct 17, 2024
yMcy56:


** Does it means that it's only a "single trade by a single entity" of 100k can change the price of a stock.
ANS: YES! Only single transaction of 100k or above. That's the rule.

** How about 10 people with 10,000 unit, buy at the same price, will that also change the price?
ANS: NO! It won't change the price.

** Or does it mean when share price has 100k accumulative unit bought, then it moves up.
ANS: NO! Must be single trade of 100,000 or above.

Thanks so much, I really appreciate your response.

So I got my trading open yesterday and deposit today I plan to buy dansuger and hold for some months... Do you think it's a wise decision?

With your experience in this market, is itpossible to highlight things to look out for.

Also too, when I am looking at a financial statement what should I pay attention too.... You can list them....I will read further on them.
Omooloriredade: 8:29pm On Oct 17, 2024
designking:

Stocks bought through Bamboo App doesn't seem to receive dividends.

I am yet to receive any dividend from the stocks I bought through Bamboo App.

otokx:


You may need to fill stock transfer form and forward through your stockbrokers to the respective registrars.

Pretty sure he doesn't need to fill a stock transfer form or involve his broker IF all he is after is electronic payment of dividends.

The E-dividend form is what you need to fill out.

the registrars of the affected stocks on your Bamboo app OR preferably the E-dividend forms from registrars' websites, fill and forward them to the respective registrars.
nosa2(m): 8:39pm On Oct 17, 2024
yMcy56:

Nothing that I can think of really....
That's just the market for us. smiley

Return on equity is lower than GTB thou price to book value is much lower as well.

Overall the banks are very cheap

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