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Re: Understanding The Nigeria Stock Exchange Gains by vertueptime: 8:53am On Jan 13, 2018 |
olaskul: Nairaland stockbroker 1 Like |
Re: Understanding The Nigeria Stock Exchange Gains by olaskul(m): 8:54am On Jan 13, 2018 |
Well I pray you find yourself in a desperate situation some day and feel how fun it is bro. vertueptime: |
Re: Understanding The Nigeria Stock Exchange Gains by Stycon(m): 8:58am On Jan 13, 2018 |
Coolcash1: Great. Thank you Although, I guess he is trying to tell us that in real term there is no significant growth in the market or something |
Re: Understanding The Nigeria Stock Exchange Gains by taofeeq137(m): 9:04am On Jan 13, 2018 |
*********** That’s my number bro Vizboy1: |
Re: Understanding The Nigeria Stock Exchange Gains by Nobody: 9:09am On Jan 13, 2018 |
debaj10: Awesome one bro! would love to be seeing things like this on a regular. 2 Likes |
Re: Understanding The Nigeria Stock Exchange Gains by Nobody: 9:23am On Jan 13, 2018 |
[quote author=Stycon post=64151840]Op, please what exactly are you driving at I suggest you start by factoring in exchange rate parity and inflation into your country's GDP growth between 2009 and now first. Then compare it with the NSE performance in real and nominal term. This should give you a better and holistic view of the state of the economy vis a viz NSE Investors are not father Christmas; so what other reason would they invest if not to profit. Yeah if any economy must have a sustainable growth, real sector investment should be prioritised. I guess you should tell that to your government and not to portfolio investors. And of course, we should avoid the fallacy of composition when viewing the recent rally in the market as it is clear that it doesn't mirror every unit in the bundle of company represented on the bounce but this doesn't means NSE has not improved in recent time. Btw, you can do us a favour by giving us a more analytical breakdown of the disparity between the nominal and real performance between 2009 and now with real figure and stop peddling assumptions. Btw, errrrrrrrrm Op, what are saying sef In summary I think the OP is trying to state the fact that an increase in GDP shouldn't make one over-exited. |
Re: Understanding The Nigeria Stock Exchange Gains by aloeman15(m): 9:27am On Jan 13, 2018 |
Coolcash1:thanks for the input. the article is too long for some. or still too complex for others. or requires too much work for a few. they say the best place to hide things from the black man is in a book. yet my guy's post is less than 1 a4 sheet. 1 Like |
Re: Understanding The Nigeria Stock Exchange Gains by ican2020: 9:53am On Jan 13, 2018 |
debaj10:That is what we call the purchasing power of the money you have in your pocket today, compare to what that same money can afford in 2009. That is the reason why the economy is not really growing cause consumers pockets cannot fuel growth. Our saving grace at moment are CBNs' continuous intervention and thee upward movement oil price. Ones CBN stop weekly intervention in fx market and oil price falls we will jump fast into Bigger recession. So, investing in digital currency is the only way to go, period. Why waiting to vote out Buhari in 2019 |
Re: Understanding The Nigeria Stock Exchange Gains by aloeman15(m): 9:54am On Jan 13, 2018 |
Stycon:in summary: if you want the real gist, dig deep. who dey ask question no dey loss. |
Re: Understanding The Nigeria Stock Exchange Gains by aloeman15(m): 10:28am On Jan 13, 2018 |
ican2020:the govts of most nations are still struggling with the internet, especially how to control it. you really think Nigerian officials understand anything about crypto currency? besides, how can you prove that crypto will enable an ENLIGHTENED govt to meet it's infrastructural needs? |
Re: Understanding The Nigeria Stock Exchange Gains by aloeman15(m): 10:31am On Jan 13, 2018 |
Lamore:thanks. if only Nigerians harnessed their power... this world go fear us. |
Re: Understanding The Nigeria Stock Exchange Gains by kaybams1(m): 10:47am On Jan 13, 2018 |
Coolcash1: Both of you aren't saying the same thing. He argued that the upward movement of the all share index was solely based on nominal changes in exchange rate. That point hardly made any sense but i'm not going to dwell on that. You were just trying to correct his ambiguity by stating the accurate reasons. Besides, the point that was totally off for me was assuming GDP is a variable that is largely determined by oil prices. There is nominal and real GDP. His emphasis was on nominal and he was saying real Economic Growth is based on activities in the real sector and all that. That too itself makes no sense cos it's basically real GDP(that is inflation adjusted) that determines real economic growth. Nominal increases in oil prices doesn't necessarily increase our net exports if other variable in the equation fell in value significantly. He made good point about the composition of the security market though (even though he slumped money and capital market together). The rest was just like dancing round circles. |
Re: Understanding The Nigeria Stock Exchange Gains by debaj10: 10:50am On Jan 13, 2018 |
Stycon:bros, abeg o! my message is that until we look deeper, it's hard to say if the situation has improved. yes, it's always good to see a rise. but what if like someone said about 2008, it's just a bubble? and as another poster said, there's still massive manipulation of figures as well as manipulation in every sector- 1. when was the last time you heard of audited reports? 2. how many untainted auditors are there? 3. how is all this affected by opaque govt data? 4. and ineptitude in high places- the reason for our stunted growth. |
Re: Understanding The Nigeria Stock Exchange Gains by syncACE(m): 11:03am On Jan 13, 2018 |
nnachukz:bros, go back and read it again |
Re: Understanding The Nigeria Stock Exchange Gains by Stycon(m): 11:07am On Jan 13, 2018 |
debaj10: I now understand your concern Bro However, that is more reason why it takes an informed investor to play profitably in the stock market. You need to see beyond what an average investor sees. Bubble or no bubble, you can still profit from stock market ~ if you are a value investor and not a gambler. Interestingly, on the flip side the more the tide the better for the traders. I see people jumping on stocks base on bad wagon without doing their homework, and later falling prey to the unavoidable cycle in the market To be a successful investor, you've gat to look beyond the visible and not just throw your hard earned money into the ocean of uncertainty. Btw, losing and winning is inevitable in the market but knowledge makes the difference between an investor and a gambler. |
Re: Understanding The Nigeria Stock Exchange Gains by syncACE(m): 11:07am On Jan 13, 2018 |
spafu:when buhari enters 2019, commit sucide you hear? 1 Like |
Re: Understanding The Nigeria Stock Exchange Gains by uba1991: 11:33am On Jan 13, 2018 |
spafu:then who is working? Is it ur FADA? |
Re: Understanding The Nigeria Stock Exchange Gains by debaj10: 11:37am On Jan 13, 2018 |
kaybams1:sir, pls kool tempa. 1. is it what I wrote you read?! shuo! my whole article is about how the exchange rate and inflation affect share price! how did you get the opposite meaning?!? 2. but we're an oil-dependent nation. what other major factor could determine our GDP? N0.9billion tax revenue? yam exports? 3.
sir, developed nations have stopped using GDP as a growth indicator because of the reasons I gave- it's misleading. gross domestic index, GDI is the new standard. 4. but our major export earner is crude oil! how can you say our net exports are unaffected by increase in crude prices, especially when govt is claiming =>2million BPD?! and this goes to my main point- increased valuation of the stock market is VERY LIKELY a DIRECT CORRELATION to increased crude prices; but without any significant or long term economic growth. but we have to wait for Q1, 2018 reports to see how it affected real sector growth. thank you. |
Re: Understanding The Nigeria Stock Exchange Gains by debaj10: 11:40am On Jan 13, 2018 |
Stycon:Tru tok sa. I hail. |
Re: Understanding The Nigeria Stock Exchange Gains by lancee(m): 2:27pm On Jan 13, 2018 |
Coolcash1: ..Its because they do not undertand Nothing of value is free..U must go extra miles if u re interested |
Re: Understanding The Nigeria Stock Exchange Gains by peachesandroses(f): 3:29pm On Jan 13, 2018 |
I read it but I don't understand. Please anyone kind enough to explain? please explain in simple terms cos I really want to know this stuff. Thanks |
Re: Understanding The Nigeria Stock Exchange Gains by spafu(m): 6:51pm On Jan 13, 2018 |
uba1991:Your Moda that always grant my father free access to her P_ssy |
Re: Understanding The Nigeria Stock Exchange Gains by spafu(m): 6:57pm On Jan 13, 2018 |
syncACE:Am I Yusuf Buhari? Or your useless fa.ther who is the first to commit suicide in your village? |
Re: Understanding The Nigeria Stock Exchange Gains by syncACE(m): 8:00pm On Jan 13, 2018 |
spafu:Happy wailing brother |
Re: Understanding The Nigeria Stock Exchange Gains by Tundoo: 11:00pm On Jan 13, 2018 |
aloeman15: I tend to agree, sometimes I get bored reading long articles. Concise articles, especially on topics like this can prove very beneficial. Anyway the advice and knowledge is timely and anyone who is really interested in forex would take time to read and meditate on it. |
Re: Understanding The Nigeria Stock Exchange Gains by Nobody: 11:19pm On Jan 13, 2018 |
aloeman15:very true, ah mean just 'if' |
Re: Understanding The Nigeria Stock Exchange Gains by debaj10: 12:53am On Jan 15, 2018 |
peachesandroses:just in case you're serious, point out what you find hard to grab? |
Re: Understanding The Nigeria Stock Exchange Gains by peachesandroses(f): 12:59pm On Feb 04, 2018 |
debaj10: How stock exchange works. |
Re: Understanding The Nigeria Stock Exchange Gains by debaj10: 11:33am On Feb 13, 2018 |
Simply put, it's based on the PERCEIVED value of a company that's listed on the exchange. If it's seen as valuable, demand for it's shares increases, thereby raising the share price. If it's seen as reducing in value, people sell their shares, reducing the share price. How much would you pay for a hot product? How valuable is pure water in lagos at 5pm, compared to in the Sahara desert at 1pm? A good example is what happened to blackberry- PERCEPTION of high value meant the phones were very expensive. Once whatsapp announced it would stop supporting blackberry devices, the PERCEPTION changed. But did blackberry phones stop working? Or did BBM, blackberryworld, channels, etc stop? It was only the one functionality that caused it's handsets to fall in value. Yes, there were other factors, but they were much less obvious than that announcement. So, when buying shares it's key to have in-depth knowledge of the company, it's products and both internal factors (human, operations, changes in executives) and external factors (govt policy/currency changes/competition/foreign input). Hope that helps. peachesandroses: |
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