Latest / Green Ticker Tales / Nigerian stocks to watch WTD May 22, 2026
Transcript
- 0:00good morning welcome to this week's stocks to watch a weekly podcast and nigerian stocks to watch weekly podcast um i do this every week so we are still on the green tickets platform but this is a weekly watch list uh podcast for more context you can go check out the video videos up at green ticker warrior on youtube the essence of having this go out later this go out on a monday
- 0:29is that if there's any breaking information between sunday evening and monday morning we are able to cover it and i've just checked the ngx website i've checked around the media generally i don't see any breaking information uh to add so we'll proceed with what we already have uh first on uh my radar in this coming trading we go in this training week is the
- 0:59All share index. Index measures the average performance of stocks. That index goes a bit above the 250k mark. So from a psychological standpoint, and probably you get a bit more context with the video because I did do some technical analysis. The index, I mean, you want to wait for a pullback in the index. The market gained a bit over 2.70%.
- 1:28uh last week but uh deep slightly on monday so can we have the index pull back further i guess that's what everybody waiting to see maybe we can have a 240k 245k mark at that point that you can start to see people uh beginning to enter the market and another option people can also take is to cherry pick look at individual stocks that would fall within their buy zone
- 1:58and then decide if they want to get in or if they want to exit. Because we've had quite a run last week. And when you look at the top gainers and losers for last week, it was also a pretty decent run. I'm looking at the top performing stocks for last week. It's pegged up by 55.5%, closing at 168.95 Naira Square.
- 2:23uh gaining about 46 percent closing at 33.95 cover and then that communications any 42.41 percent closing at 225 couples i think you're going to see for those kinds of stocks you're going to see some healthy profit taking uh especially i would say that and to a smaller extent these days seo here because uh those are usually traders uh the lights uh that is the traders the lightest penny stock so people tend to swing it
- 2:52In and out. For some of last week's losers, we didn't have big dips last week. I mean, the worst performing stock last week was Zichis, just fell by 11.78%, closing at 29 naira, 43 Koboish shares. So, marginal dips. But for some of them, I think people will be looking at the key points from a psychological level. I mean, you have Custodian that closed at 8125 Kobo.
- 3:20sub 80 or at 80 or below i think you may start to see people decide to take a position um in that stock uh then the likes of mpf microfinance bank sub six naira close i will continue to watch that it is trading fairly high above book value but right now in some ways that stock is let's see it's a trader's uh favorite at the moment so for some of the gainers
- 3:50last week expect profit taking for some of the losers expelled recovery because you had really had mild losses to the banking space you had a couple of banking numbers coming last friday after trading hours uh you had a jais bank drop its afs 205 k126 um jais bank will be paying 11 couple dividends so investors are excited about dividend that cash rules everything cash is king
- 4:19on the ngx for many investors dividends are a big reason why a lot of people invest so you see a lot of excitement when dividends get paid out and you also see a lot of um unhappiness when a company that has had greater on paying dividends doesn't pay dividends also expect some movement in guys um numbers went bad
- 4:46really but i just i've not been able to figure out and if anybody understands why probably you can drop a comment let me know they had the mild um optic in fy2025 eps profit grew faster than eps so i just have not been able to crack my mind as to why you had os flat or standing shares flat your profit after tax bill but your eps was rather sluggish in growth
- 5:14i just i mean something i just i just don't get the equation so if you get the equation uh please drop a comment as well pay close attention to that stock i mean everything that happened after market hours is what's automatically speaking paying attention to in the new week uh you also had sterling um sterling dropped afs 25 q126 numbers were uh 2025 numbers from what i'm i'm seeing here
- 5:44uh went went too bad but the part that probably would have uh investors unhappy is there's no dividend right so even though cross earnings went up profitable tax went up any special was flattish there's no dividend um so coming from a fy 2024 where a 18 couple dividend was paid uh people aren't going to be too
- 6:15too too happy uh with this stock so i think that stock may come under some uh pressure uh fidelity bank got my radar as well and it's called holding this week uh so we expect some context i guess a lot of people want to know why didn't you pay a dividend and hopefully we should also get q126 numbers uh from them this week banking stocks whichever way you look at it banking stocks are familiar my reader the cbn npc meeting um
- 6:44is holding this week expectations from a lot of people as we discuss uh in the business times weekly podcast which i also host is that markets are likely to be likely to see most likely to see the interest rate left flat because the cbn is always pretty much hassle choice inflation remains sticky so you can't cut and
- 7:13At the same time, you can't hike rates because already rates are still quite pricey. The interest rates, I believe, also offer real rates of returns because your interest rates are higher than inflation rates. So clearly, tough choices for the CBN. Whichever way they go, cut rates, tough choice, most impossible. Increase rates, makes sense, but it's a tough choice.
- 7:42i live race on change that means possibly they might have to think up uh with other criteria maybe think out the sierra or think i would um the asymmetric corridor some other things so it promises to be an interesting period um the the npc meeting holds on may 19th and may 20th and so one will pay close attention to that as well we have a couple of other banking that are yes to drop their
- 8:12results fcnb we're waiting for those results yet to drop you also have uh from the oil and gas space are the others yet to drop its afs 125 k126 those numbers should be out within the month and seeing that the month is gradually winding down to a close it means that any time from now we should get those numbers usually when institutions tell you on or before
- 8:41a certain date it means you have a wide time frame within those within which those numbers could go out um so i think that's pretty much about it ladies and gentlemen we've covered everything we need to see and then there are usual individual stocks that uh you know you want to pay attention to the big the big cap stocks that tend to have some sway
- 9:11on the markets you have the yin yang stocks it's like to call gt coins in it yeah two of the biggest banks on the fuga size of things also some of the top 30 stops i believe by market cap um so as the mtn nigeria this is tango the cement tango the sugar aradil cuticle zenith those are big cap stocks that if you have
- 9:41a a huge chunk of them closing in the green the market goes up you have a huge chunk losing the red the market goes down so those are stocks to pay attention to on a daily basis i thank you for listening ladies and gentlemen catch you i with the media update uh that comes up by 1 p.m and during time and uh for the video version 1 30 p.m and during time see you then