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Accounting, Banking and Finance Jobs in Nigeria

How to Buy Shares in Nestle Nigeria as An Employee

Buying shares in Nestle Nigeria is one of the best decisions you will ever make as an employee. Today we will be discussing shares, especially that of Nestle Nigeria. It is sad that shares do not worth the hype, however, there are some that are still relevant and make great returns of investment. You are about to learn how to dive into one today.

It is believed that nothing is working in the country right now. therefore you should be extra careful when it comes to investment. You should invest in a system that is reliable and when it comes to buying shares most especially in consumable commodities Nestle shares come to mind.

 

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If you have a serious interest in buying shares from companies then this article might just be all you need.

Understanding the Rule of the Market.

It is funny when people panic about the stock market in Nigeria, without fully understanding the rules guiding the market.

It is a simple rule that guides the majority of markets from Forex to crypto-trading. it states “Buy Low and Sell High” When the market is low, there is usually a FOMO. This panic causes people to sell their shares with the fear that it might still go lower. Those who understand the markets know it is the right time to buy. Let’s take an instance at the Great Depression of 1923 in America and how the Kennedy’s made their fortunes. They did this by simply investing in the stock market when people were scared and selling off their shares.

So you see. Understanding the golden rule is essential before you jump in.

 

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Understanding the Company

Know the company you want to invest your money into. Research about the company before buying your shares. FOr Nestle which is our focus, Here are things you should know about the Company.

“Nestle Nigeria Plc is a food manufacturing and marketing company. The Company is engaged in manufacturing, marketing and distribution of food products, including purified water throughout the country. It operates through two segments: Food and Beverages. The Food segment includes production and sale of Maggi, Cerelac, Nutrend, Nan, Lactogen and Golden Morn. The Beverages segment includes the production and sale of Milo, Chocomilo, Nido, Nescafe and Nestle Pure Life. It manufactures and markets a range of brands, which include Infant Formula-Nestle NAN, Infant cereals-Nestle NUTREND, Nestle CERELAC, Family cereals-Nestle GOLDEN MORN, Confectionery-Nestle CHOCOMILO, Bouillon-MAGGI Cube, MAGGI Mix’py and Table Water-Nestle PURE LIFE. Its products include MAGGI Star Cube, MAGGI Crayfish, MAGGI Chicken, Ginger & Garlic, Golden Beef and Classic. It promotes food cultures through MAGGI Star Cook participatory cookery program in neighbourhoods, and MAGGI Women Forum, a home management program.” From this, you should know that this company is into the production of consumable goods. which is really a good one to bank on. People will always buy food to eat.

 

How much is Nestle share per unit?

As of the time of this write up the current share price of Nestle Nigeria (NESTLE) is NGN 1,540.00. Hopefully, by the time you probably be reading this, the price might have changed. But no worries, You can keep yourself updated with the current price of Nestle Shares here.  Also, ensure to check NESTLE closed the trading day at the Nigeria Stock Market.

How to Buy Shares in Nestle Nigeria

To buy the Nestle share, kindly get a good stockbroker. Who will help explain even better and recommend units and prices for you?

You can leave your questions using the comment box.

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About the author

Nnamdi Nwachukwu

An amazing writer with over 3 years of experience working in the Marketing, Education, and Sports firms.

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