What are shares all About?

I am interested in buying shares especially in Nigeria as i have heard it's quite lucrative (I am always open to any investment opportunity). I know it is probably a wide topic, however, few pointers as to target companies, trends of the stock market & opportunities would definitely be a start for me (if you don't mind sharing).

I see on few postings peeps have mentioned IBTC of which i am quite aware of and i must say quite impressed with information provided on their website. What is your view on the Fund option offered by IBTC and is this the best option especially for someone that does not reside in Nigeria.

I await eagerly for any response(s). Thanks in advance!

Ddimps.

IBTC Ethical and Equity mutual funds are pretty good.  Discovery fund from Guaranty Trust Bank under ARM Management is another good one.

dimples81: I wonder whether to advice you that investing in every investment opportunity really isn't the way to do it. Why? Cause every investment carries an element of risk. You've got to evaluate your ability to take on risks before jumping in on an investment and you must do your DD before risking your money. I want to believe you've read my reply on a similar topic.

IBTC is good at what they do, so based on their track record you can go ahead. However, this type of investment gives no guarrantees. You only depend on the track record which in tuurn depends on the performance of the market. I believe Nigeria's stock market will grow tremendously in 2006 and now is the time to invest not necessarily in IBTC's fund but in individual blue chip companies. My advise is that you should not invest in any companies here if you do not understand the business or much about shares. Generally speaking, it would be good to invest in big well managed companies whose ownership is made up mainly of institutional investors. Keep off the one man business types amongst others.

It just came to my attention that the Nigerian stock market is doing phenomenally well. Like some of you, I am interested in opening an account to invest in company shares. Any info would be appreciated. It's best to diversify on both sides of the continent, instead of putting my eggs in one basket.

@Loverbwoy
@Ndipe

Take a look at this site   http://www.africanselect.com

I haven't personally dealt with them before as i now go to Nigeria regularly but i will in the future when i need to make an urgent purchase from the UK

The whole issue of transferring money reliably and cheaply to Nigeria is a big problem

The best exchange rates i could get ranged from N244 to N247 to the pound when in Nigeria the pound was N250.
You pay fees here to your bank, the bank in Nigeria takes fees and the correspondent bank takes fees as well hence the low exchange rates which are quite discouraging

Unless you are stuck you are best of taking the money yourself or sending someone reliable

Good Luck

Hello everybody,

Investing in stock is very good and l do encourage everybody to pls do so.
And if u need to buy , u can contact me, cos l know of someone who has been managing ours and the guy is good, honest and trustworthy.
Regards,

Bola

Hi Bola.
Pls let me send the contact phone/e-mail of the person you are recommending.
Thanks.
HG. :

Bola,sorry mistake!
Pls send me ,

Hello Hg,

Thanx for ur interest in stocks - it is a wise choice

The Guys no is 01 8782484, taiwolawal@yahoo.com.sg

I am recommending him, the choice to use him or not is yours to make.

See u all at the very top.

Bola

am with discovery fund they ar good

hey am also new but could give more details on dicovery fund and their interest in %

needed info actually.

Hi peeps,

Since the begining of this post a lot of water has gone under the bridge, the Nigerian stock market has gone up and down and up and down. This is normal in any market, but you need to invest wisely so as not to be caught out pants down.

I would strongly recomend any one seriously interested in investion in nigeria to click here and check me out. For up to date current information. I do a lot of research so you dont have to.

Hello, any1, pls I'm an undergraduate, I wuld luv 2 invest in shares, pls I need advice, ir dis a rite time 2 buy shares in nigeria & wot company or bank shares shuld I buy, pls I nid advice 4rm any experiencd person

Seyola9:

Hello, any1, pls I'm an undergraduate, I wuld luv 2 invest in shares, pls I need advice, ir dis a rite time 2 buy shares in nigeria & wot company or bank shares shuld I buy, pls I nid advice 4rm any experiencd person

The stock market is currently struggling. You shouldn't invest unless you know how to read financial reports to figure out how much a company is worth.

All you need on shares is on the link:

http://www.facebook.com/pages/YBF-Consult-Ltd/397408886987168?fref=ts

or pls call : 08134535159, 07040049180, 08077122024
YBF Consults LTD

OK THANK'S THATS GOOD . PLS HAVE OFFICE IN IMO STATE, ABUJA,OYO OR SOKOTO ? IF ANY GIVE ME THE ADDRESS ON IHEDIORAMMA@YAHOO.CA OR 08095025817

facebook.com/prostockalert
join this community

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Seun: The stock market is currently struggling. You shouldn't invest unless you know how to read financial reports to figure out how much a company is worth.

You are talking like a guru in the Business, do you know how to value a stock? Are you invested in the market?

manie: You are talking like a guru in the Business, do you know how to value a stock? Are you invested in the market?

I know the basic principles of stock valuation. I have a copy of Ben Graham's stock aalysis book, The Intelligent Investor, and another one on company valuation. But I find financial statements to be extremely boring, so I have never actually completed the process of analyzing any stock. Ben Graham used to analyze stocks with his students during class, and many of them made a lot of money by investing on the basis of his analysis. I wish a good stock analyst would create a stock analysis thread here on Nairaland so we can learn & practice it together.

Seun:
I know the basic principles of stock valuation. I have a copy of Ben Graham's stock aalysis book, The Intelligent Investor, and another one on company valuation. But I find financial statements to be extremely boring, so I have never actually completed the process of analyzing any stock. Ben Graham used to analyze stocks with his students during class, and many of them made a lot of money by investing on the basis of his analysis. I wish a good stock analyst would create a stock analysis thread here on Nairaland so we can learn & practice it together.

As far as Nigeria is concerned and for long term investment, you are better off investing in only blue chips company, just buy immediately the dividends are paid and the prices drop. For the short term, all you need is greed analysis and you will make money like you've been blessed by babalawo! This is the simplest way I know.

Maybe stock analysis/valuation is working for some people but I never worry myself with such.

[quote author=igbonla]

As far as Nigeria is concerned and for long term investment, you are better off investing in only blue chips company, just buy immediately the dividends are paid and the prices drop. For the short term, all you need is greed analysis and you will make money like you've been blessed by babalawo! This is the simplest way I know.

Maybe stock analysis/ WHAT ARE THE PENNY STOCKS YOU NO THAT ARE LOW NOW AND GOOD TO INVEST NOW FOR LONG TERM THAT USE TO PAY DIVIDEND?

Seun:
I know the basic principles of stock valuation. I have a copy of Ben Graham's stock aalysis book, The Intelligent Investor, and another one on company valuation. But I find financial statements to be extremely boring, so I have never actually completed the process of analyzing any stock. Ben Graham used to analyze stocks with his students during class, and many of them made a lot of money by investing on the basis of his analysis. I wish a good stock analyst would create a stock analysis thread here on Nairaland so we can learn & practice it together.

Knowing the principles of stock valuation does not mean you can value a stock, knowing is different from doing.

igbonla:

As far as Nigeria is concerned and for long term investment, you are better off investing in only blue chips company, just buy immediately the dividends are paid and the prices drop. For the short term, all you need is greed analysis and you will make money like you've been blessed by babalawo! This is the simplest way I know.

Maybe stock analysis/valuation is working for some people but I never worry myself with such.

This piece of advice have sent millions of people to financial graves. Are you a broker? I ask because you sound like one

222Martins: This piece of advice have sent millions of people to financial graves. Are you a broker? I ask because you sound like one

Really?? It must be a miracle that I am still alive then, thanks to God. Wish I were a broker, I haven't done badly with the little I know and have done working with my broker since 2002. Sadly, I cannot share my portfolio with you to validate the formula I gave in my earlier post.
On the other hand, it does not appear that you are an investor and probably have no clue as to how the Nigerian capital market operates.

222Martins: Knowing the principles of stock valuation does not mean you can value a stock, knowing is different from doing.

I think that is a very obvious thing to say. 2 + 2 = 4. The sky is blue. All birds have wings. So what?

Seun:
I think that is a very obvious thing to say. 2 + 2 = 4. The sky is blue. All birds have wings. So what?

Relax bro, I know a lot of people who can spit out the financial jargon they read in books but they don't know a dime about investing. Knowing is different from doing and knowing how to read financial statement does not make you an investor. Also, all birds have wings but the last time I checked, the Kiwi is a bird without wings.

igbonla:

Really?? It must be a miracle that I am still alive then, thanks to God. Wish I were a broker, I haven't done badly with the little I know and have done working with my broker since 2002. Sadly, I cannot share my portfolio with you to validate the formula I gave in my earlier post.
On the other hand, it does not appear that you are an investor and probably have no clue as to how the Nigerian capital market operates.

Seriously i thought you were a broker because you are giving exactly the type of crap advice most brokers give. Secondly, judging by the type of advice you gave, I am really contemplating between you and I who is really an investor. First you advised people to invest only in blue chip stocks, next you tell them to invest with greed.........I think you take too much advice from your broker or you are simply a gambler that thrives on luck.