dcal001: HI manie, pls i am looking at investing in the stock market and i want to know how to go about it ie which stock broker to use amongst others. thanks

oseiwe: Bros,
I bought co-operative bank shares (now skye bank), I haven't heard from them since. I even wrote to d registrar but no response, pls wat steps do I take and wats d value of it now. I bought 4000 shares in 2005.

Olumideta: Good job Manie, I dey feel you seriously. Do mean if someone decides to sell the share's certificate that is the amount the person will get?

nnomy3: pls as a young undergraduate who wants to be an investor, how do i go about it??

K,k:
As an undergraduate, I bought 2000 units of NSL. I have been to a couple of stoke brokers and non of them can give me any information on the status of this stock, I have not heard from NSL too. What is the market value of the stock now and how can I get my money back.

manie:


What is NSL?I don't know about this stock.

I will not advice a starter to ever buy penny stock, invest in companies with track records that are currently selling at a discount, most banking stocks are currently in this category, learn how to value a stock or a company, read about investment and the economy as a whole, network with fellow investors, stock market investment should be a long term investment, if you want short term returns it i8s better to buy treasury bills, bonds and other money market investment.

KingPradas: Oga what about unity bank. I had share since with them dont know there value now

HAH: What happen in the nigerian stock(scam) market is that they: Rob Peter to pay Paul, now some here may be paul and some peters.

Unfortunately I happen to be a peter cos I was rob of my hard earned income of about 15 million now worth less than 500k mostly in the banking sector.

The stock brokers will always give you an advice to go for particular stock just for it to start dwindling after small time.

To cut long story short I will never invest in. The stock market, I rather take my destiny in my hand by going into real estate,or commodity market.

HAH: What happen in the nigerian stock(scam) market is that they: Rob Peter to pay Paul, now some here may be paul and some peters.

Unfortunately I happen to be a peter cos I was rob of my hard earned income of about 15 million now worth less than 500k mostly in the banking sector.

The stock brokers will always give you an advice to go for particular stock just for it to start dwindling after small time.

To cut long story short I will never invest in. The stock market, I rather take my destiny in my hand by going into real estate,or commodity market.

Redoil: Manie thier are lot of kwestions about the stock (scam) performance you can not answer. I can see that only those stocks that were able survive the scam b4 proper regulation came into existence you are proud of analysing and they are just 3% of the stock (scam) market. What about those that never survive the scam 97% analyse them and let us see.

Redoil: Manie thier are lot of kwestions about the stock (scam) performance you can not answer. I can see that only those stocks that were able survive the scam b4 proper regulation came into existence you are proud of analysing and they are just 3% of the stock (scam) market. What about those that never survive the scam 97% analyse them and let us see.

Redoil: Manie thier are lot of kwestions about the stock (scam) performance you can not answer. I can see that only those stocks that were able survive the scam b4 proper regulation came into existence you are proud of analysing and they are just 3% of the stock (scam) market. What about those that never survive the scam 97% analyse them and let us see.

manie:


If you do not know how to pick and invest in under valued stock you should have invested in the index.

The ASI gained 54% in 2000, this may be due to the return of democratic rule.
It gained another 35% in 2001, it gained 11% in 2002 and gained 66% in 2003.

manie:


I also invest in real estate and I know how cumbersome it is. You need a high capital to start a real estate investment in Nigeria, artisans are not reliable nor readily available, Omo onile and their palaver, stress of getting title to your property. I have not gotten title to the property I bought since 2001. Difficulties in getting building approval, issues of multiple taxation from local government and state government etc.

manie:

This is the historical performance of the All Share Index from 1984 to date



Year ASI % gain or loss
1984 105 5
1985 127 21
1986 163 28
1987 190 16
1988 233 23
1989 325 39
1990 513 58
1991 783 53
1992 1107 41
1993 1543 39
1994 2205 43
1995 5092 131
1996 6992 37
1997 6440 (
1998 5672 (12)
1999 5266 (7)
2000 8111 54
2001 10963 35
2002 12137 11
2003 20129 66
2004 23844 18
2005 24085 1
2006 33189 38
2007 57990 74
2008 31450 (46)
2009 20827 (33)
2010 24770 19
2011 20730 (16)
2012 28079 35

manie:


Walk into the office of any stock broker and make the necessary inquiries. Some stock brokers accept as low as 10k in Lagos, but if you have up to 50k you can open account with some of the reputable stock firms.

manie:

This is the historical performance of the All Share Index from 1984 to date



Year ASI % gain or loss
1984 105 5
1985 127 21
1986 163 28
1987 190 16
1988 233 23
1989 325 39
1990 513 58
1991 783 53
1992 1107 41
1993 1543 39
1994 2205 43
1995 5092 131
1996 6992 37
1997 6440 (
1998 5672 (12)
1999 5266 (7)
2000 8111 54
2001 10963 35
2002 12137 11
2003 20129 66
2004 23844 18
2005 24085 1
2006 33189 38
2007 57990 74
2008 31450 (46)
2009 20827 (33)
2010 24770 19
2011 20730 (16)
2012 28079 35

manie:

This is the historical performance of the All Share Index from 1984 to date



Year ASI % gain or loss
1984 105 5
1985 127 21
1986 163 28
1987 190 16
1988 233 23
1989 325 39
1990 513 58
1991 783 53
1992 1107 41
1993 1543 39
1994 2205 43
1995 5092 131
1996 6992 37
1997 6440 (
1998 5672 (12)
1999 5266 (7)
2000 8111 54
2001 10963 35
2002 12137 11
2003 20129 66
2004 23844 18
2005 24085 1
2006 33189 38
2007 57990 74
2008 31450 (46)
2009 20827 (33)
2010 24770 19
2011 20730 (16)
2012 28079 35

manie:


What is NSL?I don't know about this stock.

I will not advice a starter to ever buy penny stock, invest in companies with track records that are currently selling at a discount, most banking stocks are currently in this category, learn how to value a stock or a company, read about investment and the economy as a whole, network with fellow investors, stock market investment should be a long term investment, if you want short term returns it i8s better to buy treasury bills, bonds and other money market investment.

ogalanya: Pls maine, what of dunlop shares? Its been dormant on 50k everyday, no up or down movement. Any hope of resurrection?

sixteen08: @manie ur doing a great job *thumbs up*

God bless U

K,k:

National sports lottery. I bought them 2008

Redoil: oando went for ipo at 75 naira, it is now 17 naira under some scammer which i will not mention thier name. Transcop 7naira formaly .50kobo nown 1.50 naira Daar is almost dead intercontinental bank, oceonic bank, bankphb, costain west africa etc. All these ones are dead or reduced to ground zero. Finnaly statistics lies a lot, about the all share index, all those figure you are seeing were cooked up to show the outside world that we are moving.

Redoil: oando went for ipo at 75 naira, it is now 17 naira under some scammer which i will not mention thier name. Transcop 7naira formaly .50kobo nown 1.50 naira Daar is almost dead intercontinental bank, oceonic bank, bankphb, costain west africa etc. All these ones are dead or reduced to ground zero. Finnaly statistics lies a lot, about the all share index, all those figure you are seeing were cooked up to show the outside world that we are moving.