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Stats: 2,711,969 members, 6,405,851 topics. Date: Monday, 26 July 2021 at 03:43 PM
|Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 7:21pm On Jun 18|
Biafran4life:Mine just entered ooohh........although na only 5 good pots of fisher man soup I fit manage am cook.
JB, I thank you oh.
|Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 7:48pm On Jun 18|
I hope TRANSCORP will maintain the tempo and bail me out.
|Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 9:14pm On Jun 18|
Some people will commit suicide if they sold at loss and later see the stock rallying.
The way I see Transcorp and the transformations surrounding it, it gonna dominate the exchange for days/weeks when the northward move finally comes.
My portfolio here is in two forms.
50% of Transcorp kept for Jijo.
Another 50% for that #5 long term.
Seems the weak hands have been chased out of the bus main seats.Those with attachment seats might be asked to leave the bus next week.
|Re: Nigerian Stock Exchange Market Pick Alerts by Ishiewo: 6:57am On Jun 19|
Good morning bosses!
I want to thank each and every one that has contributed immensely to the stability of this thread; I must confess, I have gained a lot from a few read.
Please, I need an advice on which stock that is best to buy for a long-term holding(3 years+), considering the fact that I am currently a student in 100 level. I have an idle sum of 170,000 naira lying in my coffee.
Is there any stock that can give an astronomical return within a space of 3 years of holding?
Once again,thank you all for making this thread so educating and insightful. This thread alone has impacted immensely to my vocabulary diary (a student studying Economics).I can confidently use some of the quality financial term learned from this masterpiece in all my field dealings.
Thank you all!
|Re: Nigerian Stock Exchange Market Pick Alerts by Ishiewo: 7:02am On Jun 19|
|Re: Nigerian Stock Exchange Market Pick Alerts by erwinschro: 7:55am On Jun 19|
I think first of all, you should adjust your expectations when it comes to the market. This is not a place where you will make a lot of money quickly, and I don't think anyone here (or anywhere) can tell you with any amount of reliability which stock will provide "astronomical returns" over a short period.
Seeing as you don't have a lot of money to invest, and assuming you are around 20 years old, your greatest asset is time. Your career will likely span the next 40 years which will give you a long time to build wealth. If you average around 20% returns per year. which is very good by most standards, your N170,000 investment will become N260,000,000 over 40 years without adding a single naira aside from your initial investment.
My own personal advice would be to take a serious look at your financial situation. Do you have any emergency savings? If anything comes up suddenly would you be able to afford it without having to sell your investment at the wrong time?
Finally, you should figure out if the stock market is the best return on investment for you. For a lot of students, this money may be better invested in themselves. If you have any lofty career plans, maybe put the money towards a professional qualification or skill that will increase your earnings power when you get a job out of university. Or perhaps, you could put it towards a business idea that you have that will generate far better cash on cash returns. Either way, you are in a very good position and you are lucky to learn about investing while still a student.
|Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:05am On Jun 19|
TODAY IS TOMORROW'S YESTERDAY.
|Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 10:23am On Jun 19|
|Re: Nigerian Stock Exchange Market Pick Alerts by Ishiewo: 10:59am On Jun 19|
erwinschro:Boss, thank so much for this fatherly advice.
But, what if I have resolved on giving the stock market a try, what are the blue Chip companies that posit a somewhat reliable/stable pose.
I really appreciate your amazing response. God bless you.
|Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 12:27pm On Jun 19|
Just as you acknowledged @erwinschro gave very sound options.
However, if you insist on doing stocks and if I'm in your position with the knowledge I have now I will invest the 170k like this:
Zenith - 70k
Gtbank - 50k
Ucap - 50k
reinvest the dividends from the stocks in Abacus money market fund.
Remember you still need to do your due diligence, get some basic knowledge about investment particularly stock investment.
You can open a stock/cscs, Abacus MMF account with investment one by clicking on the link on my signature.
I wish you well!
|Re: Nigerian Stock Exchange Market Pick Alerts by kalu61(m): 12:51pm On Jun 19|
emmasoft:You are very good at what you are doing.
I have following this thread for a while now as newbie. I'm gaining a lot.
|Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 5:16pm On Jun 19|
Never knew that Transcorp has a dividend history though below expectations as a result of poor earnings and profits.
With all these acquisations on record, next year dividend will be better.More acquisations, more earnings, more profits, rise in eps=good dividends for shareholders/price appreciations.
Kudos to uncle T for adding value.
|Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 7:24pm On Jun 19|
WHAT APP IS THIS?
|Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 8:48pm On Jun 19|
Search that on your app store
|Re: Nigerian Stock Exchange Market Pick Alerts by rahjan: 10:57pm On Jun 19|
Please house where can I get historical eps data of nigerian companies going back like 5 years
|Re: Nigerian Stock Exchange Market Pick Alerts by ogedanny: 9:31am On Jun 20|
6 Months from Now, You'd Wish You Grabbed These Nigeria Stocks Today! See FREE REPORT HERE - https://nigerianstockstobuy.com/best-stock-recommendations-buy-nigeria/
|Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 10:10am On Jun 20|
Ishiewo:I think you should wait till Q2 is out,in other to get a clearer picture of wat to buy
|Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 10:23am On Jun 20|
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|Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 1:40pm On Jun 20|
Now wapco is no longer servicing this bond, how will this excess cash be a benefit to share holders......
I hope to collect more div this year
|Re: Nigerian Stock Exchange Market Pick Alerts by Dsticks47(m): 3:36pm On Jun 20|
We celebrate all Fathers around world... our superheros!!
Ziing is wishing all fathers out there a Happy Father’s Day.
|Re: Nigerian Stock Exchange Market Pick Alerts by Myhelper1: 4:31pm On Jun 20|
[quote author=Curry30 post=102363144]
AMC is the hottest US stock right now.
|Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 4:37pm On Jun 20|
This week on Value Nigeria with Ajibola, we dig deeper into how to determine the intrinsic value or worth of an asset using relative methods of valuation (simple ratios)...
Thank you for listening and for your feedback...
|Re: Nigerian Stock Exchange Market Pick Alerts by erwinschro: 9:12am On Jun 21|
Good morning house.
Please can the investment one professionals here get them to activate an open league in the virtual investment simulator. It was a very helpful tool to test and refine new investment strategies before deploying actual capital
|Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 9:12am On Jun 21|
A new day.
A new week.
|Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 9:30am On Jun 21|
erwinschro:Noted. Once the modalities are put in place you will be informed.
|Re: Nigerian Stock Exchange Market Pick Alerts by SweetVibe: 9:30am On Jun 21|
BianuBianu:Hmmm, this sent chill down my spine.
|Re: Nigerian Stock Exchange Market Pick Alerts by erwinschro: 10:54am On Jun 21|
Thank you very much, I really appreciate it
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:55am On Jun 21|
Ishiewo:For me, N170k is too small to spread on 3 stocks.......
The three stocks mentioned by @Emmasoft are all good........BUT I will say, stake the money on JUST ONE out of them.....
As adviced by @valueinvestor, you have to watch and time your entry so you can key-in at relatively low and bargain price....
** UCAP @6 with 170k will give you roughly 28,000 units excluding fees.
** ZENITH at say N23 will give you roughly 7,300units....
** GTB at say N28 will buy roughly 6,000units.......
Now you have to put other things into consideration while choosing one out of them .........these includes more value for money, interim dividend payment, final dividend, EPS, past PAT, Total market Cap, cap appreciation, etc.
For me, I'll go with ZEE........or UCAP... ...(modified).
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:21pm On Jun 21|
** Currently suspended...
** Guaranty Trust Bank (GTB) will be delisted.......
** Guaranty Holding Company Plc (HOLDCo) will be listed in its place.......
**When? We don't know yet..........but due to GTB's efficiency and influence, it's not expected to be long or too long.......SEC should be on top this.
The lower it has gone after bonus markdown was 39........with more bargainers showing up.
Will it stay more at the park, go down low the more or reverse up from this junction? We are watching.........
|Re: Nigerian Stock Exchange Market Pick Alerts by erwinschro: 12:25pm On Jun 21|
Any info on what the exchange for GTB to Holdco shares will look like?
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:29pm On Jun 21|
erwinschro:Not known yet........by me anyway.
Anyone with useful info on the HOLDCo should pls share.
........but should it be different?
|Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 12:54pm On Jun 21|
From experience with other banks that toll the same line, nothing will change.
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