maishai:


I believe you mean well but one thing about stuffs in Nigeria is that they usually look good on paper till one enters and see that Khaki no be leather, at times its better to follow the wisdom of the crowd and touch this glittering opportunities from a distance....... Many on this forum have been dealt heavy blows by many private equity firms, different investment vehicles have been brought forward and many did not see the light of day instead many ended up sinking investors fund

why not channel your energy to NSE that has been tried and tested, personally i only deal with NASD companies through DEBT instruments as that is the only channel that the law insists they must pay back else liquidation, Equity is a different ball game, Equity is majorly a promisory note, Many companies even on the NSE pay dividends as that is a major means for them to convice investors to price their bonds cheaply else they will behave like NASD companies

Some companies on NASD are better than some companies on NSE ooo.


Friesland wamco has been paying out a total dividend of almost N10 billion for the past 4 years.


CSCS increased in price from N5 to N16, dividend doubled in the last 5 years.


Niger Delta Exploration and Production increased from N100 to over N300 per share.


Afriland Properties is the landlord of United Capital and other corporate tenants, it has been consistent with dividend payments for years. Same with UBN Property Development Company

emmanuelewumi:



Some companies on NASD are better than some companies on NSE ooo.


Friesland wamco has been paying out a total dividend of almost N10 billion for the past 4 years.


CSCS increased in price from N5 to N16, dividend doubled in the last 5 years.


Niger Delta Exploration and Production increased from N100 to over N300 per share.


Afriland Properties is the landlord of United Capital and other corporate tenants, it has been consistent with dividend payments for years. Same with UBN Property Development Company

Thanks for this. Any info on the current yields?

ImperialCovfefe:


Thanks for this. Any info on the current yields?

They are currently overpriced.Friesland wamco at N135 paid total dividend of N10 dividend payout of 90%. Friesland makers of Peak milk is facing competition from cheaper brands.

CSCS at N16 paid dividend of N1.10 dividend payout ratio of 80%. CSCS is sitting on a huge cash, I think the company made about N6 billion as coupons and interest on their bonds and other Investments. Work force is low at N100.

Niger Delta Exploration and Production at about N320 paid dividend of N11, with a dividend payout ratio of 30%.


I was able to get few units of NGX shares at N16 about 2 months ago, currently at over N20. I see the company generating more money as more Nigerians start investing in the stock market, more Jijoist continue to buy and sell shares, more companies are fined for late submission of corporate results.
NGX owns about 20% shares of CSCS. NGX is also a shareholder of NASD and FMDQ the biggest and most active exchange in Nigeria. Daily transaction on FMDQ is over N500 billion

What's the purpose of FMDQ?

emmanuelewumi:



They are currently overpriced.Friesland wamco at N135 paid total dividend of N10 dividend payout of 90%. Friesland makers of Peak milk is facing competition from cheaper brands.

CSCS at N16 paid dividend of N1.10 dividend payout ratio of 80%. CSCS is sitting on a huge cash, I think the company made about N6 billion as coupons and interest on their bonds and other Investments. Work force is low at N100.

Niger Delta Exploration and Production at about N320 paid dividend of N11, with a dividend payout ratio of 30%.


I was able to get few units of NGX shares at N16 about 2 months ago, currently at over N20. I see the company generating more money as more Nigerians start investing in the stock market, more Jijoist continue to buy and sell shares, more companies are fined for late submission of corporate results.
NGX owns about 20% shares of CSCS. NGX is also a shareholder of NASD and FMDQ the biggest and most active exchange in Nigeria. Daily transaction on FMDQ is over N500 billion

Thanks for the color, Sir. Much appreciated.

I was under the impression that NGX would list soon, correct?

ImperialCovfefe:


Thanks for the color, Sir. Much appreciated.

I was under the impression that NGX would list soon, correct?

NGX is available on NASD platform with a total shares of about 2 billion

Christmas shopping is coming early in NSE. Get your cash ready

Bargain hunters, get ready!

Good evening all, i want to open an account with Morgan. Will i be able to sell the stock I bought with United Capital on Morgan's platform if I use the same CHN. I'm really tired of UCAP, I've been unable to have access to their online trading for more than one month. I have a couple of shares there which I want to move to Morgan, is this possible?

Godisfaithful:
Christmas shopping is coming early in NSE. Get your cash ready ;DBargain hunters, get ready!

This Christmas has been coming since February when there was "fire in katanga " according to a brother here. In my view no one can truly time this market. Just buy in tranches.

I don't see any sudden drop in the market any time soon. A good 2nd and 3rd quarter results will inflate the market further.

On a neutral note, insider sources tells me Zenith is poise to surpass last year results. This is Probably why its been resisting a drop.

This week, we talk about the role company management plays in our decision about which company to buy into...

Thanks for listening...

https://anchor.fm/ajibola-oladele-awolowo/episodes/Evaluating-Company-Management-e128v6f

Lovinwa:
Good evening all, i want to open an account with Morgan. Will i be able to sell the stock I bought with United Capital on Morgan's platform if I use the same CHN. I'm really tired of UCAP, I've been unable to have access to their online trading for more than one month. I have a couple of shares there which I want to move to Morgan, is this possible?

...most times, is not easy to move shares from one broker to another.

Just start buying more stocks from your preferred broker and get your shares edividend mandate.

Tvegas:
This Christmas has been coming since February when there was "fire in katanga " according to a brother here. In my view no one can truly time this market. Just buy in tranches.

I don't see any sudden drop in the market any time soon. A good 2nd and 3rd quarter results will inflate the market further.

On a neutral note, insider sources tells me Zenith is poise to surpass last year results. This is Probably why its been resisting a drop.

Very likely Zenith will do better than last year.

Investors are wiser now.

.....will keep hoping for a little drop in price soon.

Godisfaithful:
Christmas shopping is coming early in NSE. Get your cash ready

Bargain hunters, get ready!

Cutlass is sharp. Just give us one week notice and then it’s point and ...

What brokerage do you guys use here? Which do you think is the best in terms of execution and which has the lowest fees?

erwinschro:
What brokerage do you guys use here? Which do you think is the best in terms of execution and which has the lowest fees?

I find a fair balance with "Morgan Capital" - execution is immediate & fees are low.

*my opinion*

Thanks for the information. I didn't know NGX had shares in FMDQ and NASD. I brought quite a few too last month. Still hoping to get more.
It should be good on medium and long term.

emmanuelewumi:



They are currently overpriced.Friesland wamco at N135 paid total dividend of N10 dividend payout of 90%. Friesland makers of Peak milk is facing competition from cheaper brands.

CSCS at N16 paid dividend of N1.10 dividend payout ratio of 80%. CSCS is sitting on a huge cash, I think the company made about N6 billion as coupons and interest on their bonds and other Investments. Work force is low at N100.

Niger Delta Exploration and Production at about N320 paid dividend of N11, with a dividend payout ratio of 30%.


I was able to get few units of NGX shares at N16 about 2 months ago, currently at over N20. I see the company generating more money as more Nigerians start investing in the stock market, more Jijoist continue to buy and sell shares, more companies are fined for late submission of corporate results.
NGX owns about 20% shares of CSCS. NGX is also a shareholder of NASD and FMDQ the biggest and most active exchange in Nigeria. Daily transaction on FMDQ is over N500 billion

erwinschro:
What brokerage do you guys use here? Which do you think is the best in terms of execution and which has the lowest fees?

Meristem**

Super fast execution and excellent customer service.

Fees high.

Since last week Wednesday GTB has been stuck on 28.40 naira but the difference was Access and Zenith weren’t falling also

Is something going on here

We wait for the analysts and awon e ku market and killing with laughter etc people

moneymanager:
Since last week Wednesday GTB has been stuck on 28.40 naira but the difference was Access and Zenith weren’t falling also

Is something going on here

We wait for the analysts and awon e ku market and killing with laughter etc people

Consolidation ongoing

Guys, i need your help.
Is the stockbroker SECURITIES AND CAPITAL MANAGEMENT COMAPANY LIMITED formerly FOUNTAIN SECURITIES LIMITED still in operation?
I have some shares with them bought years back that i want to recover.
I performed a google search on the stock broker and couldn't find them.

emmanuelewumi:



NGX is available on NASD platform with a total shares of about 2 billion

Well done Sir for your selfless openness and info sharing alongside others peeps

emmanuelewumi:



NGX is available on NASD platform with a total shares of about 2 billion

Sir, How do one buy from NASD platform? Since one can't directly buy Over the Counter(OTC) like in NGX NSE.

moneymanager:
Since last week Wednesday GTB has been stuck on 28.40 naira but the difference was Access and Zenith weren’t falling also

Is something going on here

We wait for the analysts and awon e ku market and killing with laughter etc people

Market has a longer staying capacity than your patience. Me and market dey look each for face

Agbalowomeri:


Market has a longer staying capacity than your patience. Me and market dey look each for face

Reason why steady cash flow is necessary if you want to enjoy this business, yields in the bond market are currently going up at over 13%

emmanuelewumi:


Reason why steady cash flow is necessary if you want to enjoy this business, yields in the bond market are currently going up at over 13%

Patience is not a problem, else I would’ve jumped in since January.

Neither is steady flow
I just don’t want to be the one left holding the bag. Also highly skeptical about the buy intrenches approach

Been reading nairametrics articles and their articles are suggestive that the reason bond and fix deposits were brought so low was to in a way convince insurance fund managers to get into the market

Now that returns are going back up in the bonds space wouldn’t it be right to be skeptical

I have faith in the market just ...

moneymanager:


Patience is not a problem, else I would’ve jumped in since January.

Neither is steady flow
I just don’t want to be the one left holding the bag. Also highly skeptical about the buy intrenches approach

Been reading nairametrics articles and their articles are suggestive that the reason bond and fix deposits were brought so low was to in a way convince insurance fund managers to get into the market

Now that returns are going back up in the bonds space wouldn’t it be right to be skeptical

I have faith in the market just ...

Patience and cash flow are very important in this business.


Stocks make you rich, steady cash flow ( from good dividend stocks, fixed income fund, Investment properties, business) will keep you rich while patiently waiting for stocks to rebound. If not you will sell your holdings at a loss and the stock will start appreciating immediately after you have sold.


Apart from stock Investments, we need to do more research on personal finance and the importance of having a balanced portfolio

moneymanager:


Patience is not a problem, else I would’ve jumped in since January.

Neither is steady flow
I just don’t want to be the one left holding the bag. Also highly skeptical about the buy intrenches approach

Been reading nairametrics articles and their articles are suggestive that the reason bond and fix deposits were brought so low was to in a way convince insurance fund managers to get into the market

Now that returns are going back up in the bonds space wouldn’t it be right to be skeptical

I have faith in the market just ...

Actually, I think fixed income rates were brought so low to stimulate the economy out of recession. Also the debt management office needed to bring down the government's cost of borrowing. Interest in the equities market is merely a side effect of this CBN policy. I do think you are right to be skeptical as rates begin to climb back up. If Insurance companies and pension funds can get 10% or above risk free in short term government securities, they will surely rebalance their portfolios away from equities

erwinschro:


Actually, I think fixed income rates were brought so low to stimulate the economy out of recession. Also the debt management office needed to bring down the government's cost of borrowing. Interest in the equities market is merely a side effect of this CBN policy. I do think you are right to be skeptical as rates begin to climb back up. If Insurance companies and pension funds can get 10% or above risk free in short term government securities, they will surely rebalance their portfolios away from equities

I don't think pension fund managers have up to 10% of their funds in equities.

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emmanuelewumi:


I don't think pension fund managers have up to 10% of their funds in equities.

Yes its a small percentage of their AUM but 500 billion is huge in a market of only 20tn. I understand that stanbic is the biggest by fair so other managers will have far smaller amounts, but the total investment in equities by pension funds is somewhere between 1-2 trillion naira, not including insurance companies. I think any percentage change in their allocation to equities will probably be felt by the market

chimex38:

Sir, How do one buy from NASD platform? Since knew can't directly buy Over the Counter(OTC) like in NGX NSE.

OTC actually means the opposite of what you portray it here to mean, and yea, that's how you buy shares from NASD.

5% on our Fixed deposit.......

AIICO.....


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