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Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 8:18am On Sep 09, 2014
I created this thread for investors looking for the best performing Nigerian stocks invest or buy 2019 and beyond - 2020, 2021 in the Nigeria Stock Market especially those interested in buying hundreds of thousands of units of a penny stock or high cap and are looking for 10-20% return in weeks.

See Here - Best Stocks to Buy and Hold In Nigeria in 2019 Based on Economic Trend - https://nigerianstockstobuy.com/best-stocks-buy-hold-nigeria-2019/


For Penny Stocks Recommendations, Click here - http://nigerianstockstobuy.com/best-penny-stocks-buy-nigerian-stock-market/

Nigeria still relies on oil as a key revenue driver but this year, the energy market has had an insignificant impact on the country's stock market index, down year to date by 16%, despite the rising price of crude oil in the international market, now above $60 per barrel.

As we wrap up 2018 and prepare for the new year, I would like to discuss the economic indicators, and market risks that will influence equity market investment decisions and key sectors to focus on.

Where Are We Economically - Risk Perspective?

Nigeria relies on imported products for its daily personal and business needs as such exchange rate stability is very important to the sustainability of the economy.

This is the sole reason...

The CBN has shown its resolve to keep the Naira from weakening against the dollar at all cost, even if it's going to starve the private sector of credit and burn through the country's external reserve as a record price.

(Source: BusinessDay)

Foreign capital exit to high-yielding assets in the developed countries., at the same time, is expected to intensify on the back of a rising yield on US Treasuries as the Fed plans more rate hike in 2019 and growing political uncertainties which will impact the risk premium on Naira-denominated assets and put pressure on the exchange rate.

The Naira has already weakened from N360, the rate it exchanges to a US dollar at the beginning of the year, to N363.32 at the I & E windows. This, coupled with massive equity sell-offs in the local bourse, is a clear indication that foreign investors are already exiting the economy for greener pastures.

Here is a big opportunity for smart investors:
Since the CBN has vowed to protect the weakening Naira, it surely would have to find a way to reduce Naira sales at the I & E window by enticing these foreign investors with higher rates on fixed income securities like Treasury Bills and Bonds.

Using the recently concluded Auction on Wednesday, 31/10/2018, where Treasury Bills worth N145 billion were issued the stop rate on 91-day T-bills trended upwards to 10.975% compared to the stop rates at the previous auction, 10.96%, it is also visible that the apex bank has started its drive to make Naira asset attractive.

The rate of 182 days and 364 day T-bills rose to 13.49% and 14.4% respectively from 12.69% and 13.45%. I expect this to continue in the coming auctions.

With average bond yields at around 14%, the rise in T-bill yields is gradually taking us back the era of "FREE MONEY IN THE MONEY MARKET", last seen in 2017 when the yield on short-term securities rose to 17% record level, above long-term rates. This will no doubt mount pressure on the government as debt servicing cost may rise to 69% by the end of the year.

When yields on T-bill starts rising and becomes attractive, funds that would have been channelled to private sector lending would be diverted to these safer government securities.

If CBN T-bills slow-down hurts bank's profitability in the first and second half of 2018 financial year, it makes sense to say that the rising yield on T-bills issued will also drive the financial sector's profitability in which the bank, insurance, and other asset managers are part of.

Offering a higher yield on short-term securities may not be the only resolves of the apex bank, it is also "upping" dollar interventions to save the Naira from devaluation but the former seems to be more effective but expensive.

Going Forward - Key Sectors to Watch in 2019
Banks
Bank lending, as shared on how bank wants to make more money, is already dipping on the account of weak economic activity and political uncertainties with big banks cutting their loan book while increasing their investment securities. In 2019, we expect banks to park more of deposit generated in T-bills.

My top 3 banks to watch are Zenith, UBA and GTB; they all offer attractive dividend yield and may appreciate in price.

Click Here to Read More on Nigerian Stocks to Buy In 2019

1 Like 3 Shares

Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 8:43am On Sep 09, 2014
I a placing a close watch on Custodian and Allied Insurance plc.
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by uzoboy86yahoo(m): 6:54pm On Sep 09, 2014
ogadenny y
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by davids202(m): 11:26am On Sep 14, 2014
Keep ur thread alive!
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by olushollys(m): 4:35pm On Sep 14, 2014
nice one! following
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 6:26pm On Sep 14, 2014
Transcorp plc is the best penny stocks with greatest potential for growth in d longterm:

Reason for my pick: Ugheli Power Plant, new contract for d construction of transcorp hotel in lagos and PH, Oil sector contribution and diversification of agric business. Longterm potential is high

1 Like

Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by dillion83(m): 11:35am On Sep 15, 2014
HW CAN ONE INVEST IN PENNY STOCK AND WHAT OPPORTUNITY IS AVAILABLE NOW IN PENNY STOCK INVESTMENT

2 Likes

Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by chukyjones(m): 2:01pm On Sep 15, 2014
i just wish the OP can keep this thread alive with useful infos regularly...
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 5:29pm On Sep 16, 2014
Here are tips to pick great penny stocks to buy in NSE market:

Look for penny stock with consistent sales growth history.

Make sure net profit margin growth is also in line with sales growth (10pcnt)

Make sure they are also growing in cash by comparing trends in current ratio and operational earnings

Choose a penny stock with low debt to capital below 0.5. Avoid companies that are highly exposed to interest rate risk.

Make sure their share price is growing in line with their fundamentals ( 20pcnt in d last 1yr)

Buy this penny stock and allow your investment to run for atleast 1yr - 5yrs
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by magictouch: 11:35am On Sep 18, 2014
Following too. looking for good stocks to buy for a short term investment
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 10:43am On Sep 19, 2014
Use these tips to find one
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by perewesley(m): 8:41pm On Sep 19, 2014
wanna buy penny stocks? buy IKEJA HOTEL...from 70k to 2.15k in 3 weeks
still with an immense upside potential.
also with an eps of 83k per share...believe me for a N2 stock..thats pretty impressive.

Dont quote me but I see ikeja hotel rising to 4naira by November.

Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 4:37pm On Sep 20, 2014
What's d key driver of Ikeja Hotel?
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by JomoGbomo2(m): 1:30am On Sep 22, 2014
Wolves of Broad Street

1 Like

Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by jamace(m): 2:19am On Sep 22, 2014
JomoGbomo2: Wolves of Broad Street
grin
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 5:35am On Sep 24, 2014
What's driving d price of Ikeja Hotel Shares
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by hiphensales: 7:31am On Sep 26, 2014
perewesley: wanna buy penny stocks? buy IKEJA HOTEL...from 70k to 2.15k in 3 weeks
still with an immense upside potential.
also with an eps of 83k per share...believe me for a N2 stock..thats pretty impressive.

Dont quote me but I see ikeja hotel rising to 4naira by November.


@Perewesley, which Stock Analysis Software do you use. I am really interest in having one.
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 8:32am On Sep 26, 2014
Financial times stock screener
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 8:33am On Sep 26, 2014
Custodian and Allied Insurance shares has boken its 52-weeks high, buy now!

Eternal Oil is also a good buy for a confirmed 12month ride.
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by carpenter(m): 8:45am On Sep 27, 2014
1. Best penny stock I bought was transcorp @50k 50,000 units
2. Worst penny stock I bought was Beco @ an avearge of 1.21k (bought at several times) 50,000 units

You would hope you turn out a winner in the end but there are no guaranties...

It is always about the price and I have learnt 50k is usually a good one as long as the company doesn't go into extinction. The stock has no where to go but up but you've got to have a lot of patience....this is the real Surulere

3 Likes

Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 4:27pm On Sep 27, 2014
I can imagine ur profit level
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by moyin2009: 9:19pm On Sep 28, 2014
Ops, thanks for this thread please keep it alive. following you.
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by moyin2009: 9:22pm On Sep 28, 2014
carpenter: 1. Best penny stock I bought was transcorp @50k 50,000 units
2. Worst penny stock I bought was Beco @ an avearge of 1.21k (bought at several times) 50,000 units

You would hope you turn out a winner in the end but there are no guaranties...

It is always about the price and I have learnt 50k is usually a good one as long as the company doesn't go into extinction. The stock has no where to go but up but you've got to have a lot of patience....this is the real Surulere


Good insight. and do a research about dividend payment of the company
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by carpenter(m): 4:11pm On Sep 29, 2014
moyin2009: Good insight. and do a research about dividend payment of the company

I think it was more about patience, I could have sold at several times but I decided not to, could have bought more too but could not take the risk of overleveraging myself. Also bought Livestock feeds @50k close to 200,000 units but sold all around 1.00 because I got cold feet. Wema also @50k sold at about 90k or so averagely. So there is an element of luck in all these and Beco!!!...i hate that stock but am not gonna sell till i can get my money back, doubt if anyone wants to buy it @50k sef. Just remembered CHAMS and ASOSAVINGS have been staring at me for about two years @50k grin dem no gree move to where dem suppose dey...

1 Like

Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by joseph1013: 9:43am On Oct 01, 2014

Is anybody looking at Champions? From what I've studied, it makes sense.
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by joseph1013: 9:48am On Oct 01, 2014

Let's keep this thread alive...abeg

So much money to be made in this house.

Only the informed will profit from these windfalls.
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by carpenter(m): 2:47pm On Oct 01, 2014
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by joseph1013: 3:36pm On Oct 01, 2014
carpenter: Here is a nice read, enjoy

http://money.cnn.com/2014/09/30/investing/investing-secrets-wealthy/index.html?iid=HP_River



Great advice for all. Thanks.

Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by ogedanny: 6:12pm On Oct 01, 2014
r there potential in FTN Cocoa?
Re: Nigerian Stocks To Buy - 2019 Best Performing Stocks by joseph1013: 8:24pm On Oct 01, 2014
ogedanny: r there potential in FTN Cocoa?

Not for the immediate short term if I may contribute.

1 Like

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