DANGCEM
Industrial Goods
EBITDA margin re-rated 410bps YoY on energy-cost pass-through. Discount to 5-yr median EV/EBITDA still 22%.
For the Nigerian Exchange
Real NGX picks. Every Saturday.
Weekly research on every listed stock — fundamentals, sector context, and a decisive call. No noise.
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What you actually get
One report. Every Saturday.
Every NGX-listed stock screened, scored, and surfaced. Decisive calls, not committee equivocation. Read in fifteen minutes, act in five.
Buy
GTCO
Banking
Capital adequacy back above 16% after rights issue. Wait for next quarter's CASA ratio before re-entering.
NESTLE
Consumer Goods
Naira-denominated input costs still ~38% of COGS. FX-led margin compression has another two quarters to run; downside not priced.
See a sample reportNo signup. Read the same PDF subscribers got last Saturday.
Inside each Saturday
Forty pages of work. Fifteen to read.
We don’t bury the call. The verdict is on page one. The proof — entry zones, sector context, earnings quality, news pulse — is the next fourteen, structured so you can skim or dig as deep as you want.
Weekly macro lens
MPR, inflation, FX, Brent — read in a glance, with implications for NGX called out.
BUY / HOLD / AVOID calls
Decisive verdicts on every covered stock. Entry zones, targets, and the discipline to mark them open or closed.
Fundamentals deep-dive
P/E vs sector, ROE trends, margin direction, balance-sheet strength. Audit-trail math, plain-English summary.
Earnings-quality screens
Accruals, related-party flags, going-concern notes. Yellow lights before they go red.
News pulse
Last 14 days, only dated catalysts. Never training-data hallucinations.
Sector context
How the name reads against its sector — both the NGX comp set and the global parent industry.
Track record · live from the dashboard
We mark every call. Open or closed.
Every pick we publish is timestamped, entered into the public record, and tracked until it closes. Win or lose, on the page.
0%
Win rate
0 of 2 closed picks
-0.3%
Average return
Mean across all closed picks, gross
3
Picks tracked
1 open, 2 closed
Data through last Saturday’s close. Returns are gross, before fees, taxes, and your broker’s slippage. Past performance is past performance.
Find yourself
Built for the way you actually invest.
Broad Street speaks the same way whether you’re chasing the next dividend, holding for the cycle, or sending capital home from Toronto.
For
The Active Trader
Entry-zone alerts and momentum context. You see the pick on Saturday and act when the price hits your zone on Monday.
For
The Long-term Holder
Methodology you can hand to your kids. Fundamentals, earnings quality, and the long arc of the closed-pick log.
For
The Diaspora Investor
USD-equivalent returns, dividend yield in your home currency, and capital-controls notes when they actually matter.
For
The Portfolio Manager
Defensible research, dated catalysts, sector-exposure breakdowns. The kind of work you’d hand to your IC.
For
The First-timer
No jargon. Every term defined the first time it appears. A starter portfolio template lives in the appendix.
From the inbox
Notes from people who read it.
I used to spend two hours every Sunday trying to read NGX research from five different brokers and reconcile their calls. Now I read one PDF on Saturday and I know what I'm doing on Monday.
The first time Broad Street flagged AVOID on a stock I owned was painful. Two earnings later I was glad I sold. The track record made me trust the next call.
What I keep telling people is — it's not the picks, it's the discipline. The entry zones stop me from chasing. The closed-pick log stops me from lying to myself.
Pricing
Three tiers. No hidden fees.
Read free forever. Subscribe when you want the entry zones, the alerts, and the budget tools.
Free
₦0forever
- Weekly market summary
- 1 stock spotlight
- Macro stance bar
- Full track-record access
Most subscribed
Pro
₦5,000/ month
- Everything in Free
- 5–8 full BUY picks weekly
- Entry zones & price targets
- Budget allocator + CGT calc
- Email entry alerts
Premium
₦15,000/ month
- Everything in Pro
- WhatsApp real-time alerts
- Breaking sector alerts
- Monthly portfolio review
- Priority support
All tiers cancel in one click. Pro & Premium include a 7-day free trial. Prices include VAT where applicable.
Questions
The honest answers.
Is this investment advice?+
No. Broad Street publishes research, not advice. We don't know your situation, your tax exposure, or your risk tolerance. We mark the picks; you make the calls.
What if I lose money on a Broad Street pick?+
You'll lose money on some Broad Street picks. Every closed pick — winners and losers — sits in the public track record. We don't quietly delete the losers.
Why Saturday?+
NGX closes Friday. Saturday morning is when the week's data is final and you have time to read. The report lands before 9 AM Lagos time, every Saturday.
How is this different from Nigerian broker research?+
We're independent — we don't sell trades, manage money, or take issuer fees. We mark verdicts and timestamp them. Brokers do other things, often very well; we just do this one thing.
Can I cancel anytime?+
Yes. One click in account settings, prorated to your billing date. No retention dance, no email funnel begging you to stay.
Do you cover ETFs or bonds?+
NGX equities and the 12 listed ETFs. Eurobonds and FGN bonds aren't in the v1 product. Coming if enough subscribers ask for them.