₦airaland Forum

Buhari...........Na wa for you o...............

Above statistics are really not adding up.............It shows a dysfunctional economy...............

.............I remembered when the market was stable and everyone was saying I just ji this jo that and all of a sudden most folks are going nuts with different hypothesis...........Lets chill a little but I don't think there is going to be any market crash like that of 2008................Market has not even recovered yet from that effect..............Any market crash like the 2008 effect will just wipe out all shareholders like a nuclear bomb..................

angrybull:
Currently, there is a massive global melt down. China, Europe, America and the rest of the world. It is little hope that something will trigger the bull. The ultimate beneficial of the current mood are long term investors. fundamentally, Nse is sound.

Maybe.........But in the case of Nigeria,I think high level market players might be using the market to get the attention of our president........If you don't know stockmarket is a weapon too that can be used to checkmate any government or cause serious economic problems in a country........Generally the cause of the bear is complicated........

lancee:
hopefully , na dividend pple dey chop at this moment

It will be better if it can drive the bull.................

lancee:
hope dey wont pay 5k

They really want to do something because of ACCESS and newly selected premium stocks...............

UD4040:
Access Bank plans to raise new funds
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‪Access Bank plans to raise new funds: Barely a month after it raised N41 billion new equity funds through a rights issue to shareholders, Access Bank yesterday said it plans to raise additional capital to complete its three-level capital raising programme. Executive director, commercial banking, Access Bank Plc, Mr. Roosevelt Ogbonna, at a press briefing.

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Abeg gurus in d house whts d implication

This new capital raising is via a debt instrument.................It should be positive for the market..............

UBA is considering paying interim dividend to shareholders...................Result will be out soon............

http://www.thisdaylive.com/articles/uba-board-meets-to-consider-audited-results-interim-dividend/218569/

Seems dividend yield will be the play thing for now............


http://www.proshareng.com/news/All/Nigerian-Enamelware-Plc-Proposes-45kobo-Dividend-Per-Share-in-2015-FYE-Proshare/28397

Tinubu is now the cause of everything in Nigeria.............

This market is fast and furious and the addiction is what is making people to lack patience............Patient investors can make profits amidst all these blood.................Why not wait until September before buying..........Anyway as we progress we will become professional investors or a social scientist or combination of both...........This experience will turn to money at a stage............

Buying ACCESS,UBA,FBNH is easier but I think is better not to touch Zenith,GTB,STANBIC for now because you have no idea how low they can go..........Just an advice..................

nio68:
Any ideas about the new "Premium Board", what does it mean and its implication to ordinary investors

It means stocks of superior quality.............You know like designers clothes,these are NSE designer stocks..............I think is good and they are trying to sell them to core investors indirectly................

Elai147:
How dat one take concern me? So far dem give me my money wen I ready to use am trade.

True but stockbrokers are not good in management of funds.........They always fail in that area...........I trust Meristem somehow.............

Youngzedd:
Maybe from your village

The bear has made you to loose your mind...........For your information,I am not from Village..............

Youngzedd:
It do happen to me. I remember when FBNH hit over 10 NGN after election. As I bought some units, the thing adjust below 10.

What kind of market making is that?.................

zendi:
His name na primetech. i wonder if 'im manage dump 'im monkeys. if not, make 'im turn them to pepper soup.

Elai147:
Put your money for Meri Fixed income make the tin dey breath for dia until you're ready to strick.

It doesn't bother you to know what they are doing with your money?..............Lending to gamblers?................

Before you transfer money to your trading account,prices are going down but immediately you are credited and about to buy the price goes up until you buy and after that it goes down again..............I always wonder if there is any one always targeting your fund as soon as it hit your stock account?.........I am developing a new strategy.............I will keep transferring money to my stock account but I won't trade until am pleased with the price................Volatility of the prices is just too much and sometimes abnormal.................

You make sense but due to emotions attached to money most people can't really think straight for now.................Fear always defeat faith...........

9free:
Accumulate which yeye fundamentally sound stocks? The only thing I am accumulating now is my morgancapital itrade account. Fear no gree me to continue averaging FBNH. I started at 9.50 and now the stock don dey head to the car park. I go just sitdon dey wait for am @N2.50k like Oga Elai.

I cant stop laughing...............

ogadeolu:
300 looks like a herculean task for FO, it has neva climb that high and given the fact that other stocks in same industry are either stagnant or going down.

but i will wait at the sideline anyway.

Lets see..........I am not in a hurry to sell...................

ogadeolu:
Is anybody looking at FO, its close 239 today, if it reaches 250, i will sell and keep the cash apart for when it will come down again.
What is my oga and madam take on this.

Is there any news of dividend or something tht is pushing the stock high, 10.50k gain today..

some are getting richer, some are dying.

Maybe you should hold on because that stock is still going upward............I will sell when it reach 300...........

There are no good news to trigger a rebound on NSE,so speculative trading will continue..................Dont be angry with any stock because you are loosing so much than expected............This is stock market for you and the new government is not helping matters but market has its own mind which will play out at last...............

It will reverse because profit takers have taken about 10-15% profits............Its normal but it will move again..............

Justcul:
@Angelo, FBNH #5.69, what's your take? buy/sale

I just bought at 5.70 now..........Sell for what?.....My friend just buy..............

All over Europe is Red today.......................

Agbalowomeri:
Bros in fact u need 2 cars not just one! Haba!! Making money is a means and not an end in itself. Once in a while give yourself a treat. That is why u make money. Meanwhile I share a different opinion regarding angelo's comment. Now is the time to be as heavy as possible in NSE in good fundamentally sound stocks. But how can u own most stocks on NSE? My arguement against this over-diversification is that it increases your risk/exposure. With 5m, I won't have more than one stock which is consistent in dividend. In nse at the moment one could get close to 20% dividend yield on cost with a possibility of > 50% capital appreciation in the nearest future. This to me is more sensible than any fixed income asset.

Don't get me wrong.............My advice is purely based on securitizing your profits..............If you don't have cash somewhere,how can you invest heavily in stock market right now when most fundamentally sounds stocks are cheap?..............Maybe my presentation isn't clear enough........You must have cash somewhere and the best way to have your fund in cash is by investing them in a fixed income pending the time you will need them..........Now he has 5M in stocks but not cash and apart from that nothing tangible elsewhere.................I believe in liquidity because with that you can do whatever you want.............With 5M in stocks he supposed to have made profits at different time which means financially he should be ok but is a different case..............I am heavy on stocks right now than ever and thanks to my investment accounts...........Even if this guy wants to invest more right now in nse from the assets declared above,there is no availability of heavy fund to do so.............Time for Nairaland to start using voice chat or instant chat because its hard to adequately express yourself............Tired of writing..........Meanwhile,I am buying from Monday till Friday and till the upper weekend................

ogbs2020love:
I currently have no car.
I have almost all the stock s on the NSE worth about 5m.
A wife and a child.
I'm 30years
I have a life extra savings policy with axa Mansrud. worth 500k
2 commercial plots of land worth 2.6m .
my problem is that I am addicted the NSE.
pls should I buy the car now,or invest 450k. then wait and buy the car by next year,?
pls assist here

I don't know how long you have been investing in stocks and how successful you are but since you have a family,I think you need a car.............The highest investment you have is in stocks and thats not kool...............When you make huge profit in stocks,you move it to your fixed income portfolio to increase your wealth................Buy the car now since you already have 5Million worth of stocks...........But to be sincere you need to work more harder and smarter to balance your life/family............Happy Sunday and goodluck..............

megainvest:
Very interesting discussion we have here. I believe you determine what you are and what you want in the stock market. In this market, there are gamblers, investors, wise men and foolish men alike.

If you decide to take the pains to study, understand and to diligently put your funds in the market with a definite strategy to make money, you can call yourself an investor. On the other hand, if you decide to throw money at the market without much thinking in hope for a higher return, you may call yourself a gambler.

Just like every other business, there are inherent risks and uncertainties associated with the market. Let's not forget that the basic principle of the stock market is ownership of a number of units of a business. As a shareholder, you actually own a part of a company. So if you are conscious of this with an investor's mindset, why should you think you are a gambler and different from the man who is called a company director?

It is all about how you think and what you decide to do with your mind and your money. Over the years I have learned many lessons and I can confidently say I have found a strategy that works for me and I have been making money ever since.

Good........In addition to what you said,it is always the type that sees themselves as gamblers that incur losses in the stockmarket...........

angrybull:
I lost my money in oceanic and intercontinental bank shares because I sheepishly believed that their businesses will stand the test of time because of their ""cameleonic " religious disposition(Cecilia and Akingbola). This i discovered to be farce after their indictment in massive corruption in their respective banks.

This made me to become very cold in investment and adequately help me always try to separate emotion in investment.

Those days we were not thorough..........We only invest based on cheapest prices and cnn adverts of those banks and also we didn't trust the market thats why most people invested money that they can loose................The stockbroker intermediary was not helpful as we always suspect them........But now most Nigerians are more thorough and with the advent of online trading platform,NSE is now more liquid than ever even with all the tunbum tunbum crisis affecting the market negative money still flow in and out of the market.................I believe things will get better.............