123ABCXYZ:
I agree with your analysis on inflation but not on positive sentiments. The exit of large global corporations from the country is one big negative, no improvement of the security situation and distrust in the judiciary are serious negatives for any sentiment analysis performed by anyone and there has not been serious efforts to reform the country so I disagree. In my organisation here in the UK, we downgraded Nigeria this year in comparison to other african countries when looking at possible emerging market investment destinations.

I suppose one other factor driving investment in the stock market is the fall of the naira which has seen most financial institutions post massive forex gains and profits, providing the opportunity for short term profit hunters to take advantage of that value. I foresee a retraction post April 2024 except, inflation continues to rise and the naira continues to fall at rapid speed.

Olaide1295:

How is the US market suffering because of Blackrock etc? Please explain.

BabsO2:


Black rock just met with the CBN governor this week. Hope they got positive insights. Also don't forget the ratings agencies upgraded Nigeria last year.

ojeysky:
Custodian is not even moving in this bull, when omatek and even tantalizer shake body

emmanuelewumi:



A fault finder will always find one, if there is none he will create one

courage89:


I don’t know if this is good or bad for Nigerian economy. When hot money comes into Nigeria, Naira remains unchanged. When hot money leaves, it takes the whole market with it, with huge devaluation and high inflation in the process. Similar situation happened when JP Morgan pulled Nigeria out of their Emerging Market Bond Index in 2015, forcing a lot of hot money to pull out of Nigeria crippling our stock market in the process.

How do we ensure hot money does not destroy our economy during difficult times? I hope CBN and other regulatory agencies are paying attention.

BabsO2:


This is what Bing told me about Blackrock with respect to the US economy.

Quote
I assume you are asking if BlackRock, the world’s largest asset manager, has had a negative impact on the US economy. According to a report by BlackRock strategists, the global economy has entered a period of elevated volatility, and previous investing approaches won’t work anymore 1. However, I could not find any credible sources that suggest BlackRock has damaged the US economy.

In fact, BlackRock has been a major contributor to the US economy. It has invested in various sectors, including infrastructure, technology, and renewable energy, creating jobs and driving economic growth 2.
Unquote

1. https://markets.businessinsider.com/news/stocks/blackrock-recession-warning-stock-market-analysis-2023-economic-outlook-2022-12

2. https://thefederalist.com/2021/11/03/how-the-massive-money-manager-blackrock-endangers-u-s-prosperity-and-national-security/

I quess blackrock will be looking for investment opportunities in infrastructure and perhaps mining. I hope they invest in $$$ generating projects to ease repatriation of their investment funds.

essentialone:
Not all DD are Due Diligence. Some DD are Delayed Decisions.

yMcy56:
E Ku Market o.
Plenty pages don full ground, it's well.

* BUACEM and DANGCEM at +10%...
* BUACEM: @148.50 full bid
* DANGCEM: @538.80 full bid
* ETERNA: @22.95.....very full bid
* DANGSUGAR retesting the previous 81......Up with +N4.50 so far ......
* BUAFOODS: @264 intra-day......mini full bid
*
Pls can you explain what u mean by full bid, thanks in advance
** Not any form of buy/sell advice**

onegentleguy:


Am sorry Sir.
I will share when I will. ...I always do!

But the content of the outline and any guide related thereof is strictly for those who subscribed for it.
Many are members here, hence the reason for the post and other previous updates.

Do take care of you.
Regards

Emndy:


Na waa sha, person go just come online, open mouth talk . Na real wa.

Suffering how?

smh

essentialone:
Not all DD are Due Diligence. Some DD are Delayed Decisions.

chibaby1985:
Unilever Nigeria Stops Production, Sales Of Omo, Lux

https://www.thecable.ng/unilever-nigeria-stops-production-sales-of-omo-lux/amp

MrDiligence:
@Pa Emma, Please has DMO announced any primary auction for FGN Bonds this month? Couldn't find anything of such online. Thanks for anticipated reply

emmanuelewumi:



No, probably next month. But you can always buy in the secondary market

emmanuelewumi:



You won't believe I never bought any of those offers.

The Maths did not make sense. Even Bank PHB and the likes, I didn't buy

emmanuelewumi:



No, probably next month. But you can always buy in the secondary market

RichEstate:
I thank God for those lessons. I was in university and out of little i got from parents, i would send to my broker.

I was always at Sunny Ojeagbase seminars and buying his business newspaper every week.

I lost money but i became wiser

femu:
Is Otedola buying Zenith stock?

emmanuelewumi:


Not referring to Intercontinental but also in that category. The CEO of Intercontinental na pastor.

This CEO goes to all the jamborees on Lagos Ibadan express from kinetic energy must change hand to Oke tude to Holy spirit night, Taborrah, different mountains. Not from the south west geopolitical zone and not align to a particular denomination

femu:
Is Otedola buying Zenith stock?

Streetinvestor2:
I don't really understand the rate at the secondary market. You will see two rates quoted. One is discounted rate and another rate.which should I use to calculate the interest to come from my investment.
Like my sukuk I know it is 13% and nothing else