hammer6F:
Oshiomhole THE APE...


AS A PARTY CHAIRMAN, OSHIOMOLE CANNOT ACHIEVE ANYTHING.

AS EDO GOVERNOR, HE COULD NOT EVEN DELIVER HIS STATE TO BUHARI.

HE JUST WANT TO MAKE NOISE AND PROMOTE HIMSELF, AS HE DID DURING HIS UNION DAYS.

OSHIOMOLE IS A SELF CENTERED GLORY SEEKER.

TLAX:


Positive or negative?

awesomeJ:
[color=#000000][/color]
The major reason why it's so is cos the bulk of the items we consume come directly or indirectly from the international markets, and are priced in USD.

When the dollar exchanged for 199, 10m was $50,000.00
Now that it trades at 360, thesame 10m is less than $28,000

There wouldn't have been any problem if your Honda Accord, LED TV, fuel, wheat or raw sugar were all sourced locally, but since they rather come from the international markets, the implication is that the 10m that could buy 2 units of the Accord sedan just some few months back, can now barely buy just 1.

awesomeJ:

You can never go wrong with diversification.
Some who know their onions in real estate, could easily make double the returns on T-bills.

As per the issue with holding naira assets, when I start seeing the signs of an imminent currency crisis. I'll switch to eurobonds ASAP. 6% guaranteed with a potential for much more.
For now, there's some comfort.

musty00:


This sell off was across board o, not only Zenith. I only pulled out Zenith because we were talking about Zenith. It was a massive sell off by FPI's, irrespective of quarterly performance. It was transfer of wealth.

I won't miss out of this bonanza this year (buy 1, get 2 free).

We (Nigerians) know that elections will come and go without any war and all those election hypes, but the FPI's won't take any chances, they will still sell. The sell off might not be as bad this year though, no one knows.

I plan to be in full cash before August, IF I'm able to exit my remaining stocks (Zenith inclusive).

musty00:
Here's how some selected stocks were battered in 2014 before election. The highs and lows are closing prices. Most of the lows here were attained in December 2014.

awesomeJ:

Bonds are kinda sold in units with each unit having a face value.
so if you buy a 15% APR 2023 FGN bond with 10m at its original price, you'd be having 100,000 units of the bond, and since the coupon is 15%, your annual interest would be 1.5m

Now when you buy at the secondary market, you often don't buy at the original unit price. You may get to buy at say N90 per unit, which implies that you'd only be paying 9m to get thesame 100,000 units.

But at the end of the year, both you who bought at 9m and the other person that bought at 10m, you'd each get 1.5m as interest, because you hold the same number of units. But while his own yield is 15%(1.5m on 10m input), yours is 16.67%(1.5m on 9m input)

So coupon rate indicates the rate at which interest is paid on a bond based on its face value, while yield indicates the actual rate of returns to an investor.

The coupon rate is always indicated in the name of most bonds, and it doesn't change throughout the lifetime of the bond.

Only changes in purchase prices bring about changes in yields to bond investors.

Bonds bought at prices below their face values have higher yields, and vice versa.

Kindly ask for any further clarification if....

Mpeace:
I doubt if this transcorp bull will last.

RealityShot:
This thread is better than a novel!
Been catching up from page 3443 since morning.

One thing is clear. Stock trading is gambling.

locodemy:


They should wait let me sell zenith and get one of them against their Q1 result especially fcmb.

TLAX:




I talked to my friend Bob Zoellner several times a day, and he taught me how to analyze market action. For example, when the market gets good news and goes down, it means the market is very weak; when it gets bad news and goes up, it means the market is healthy."

Mark Schwartz

Jejebaba:


OMG, EPS nosedived by 33%. What are the moppers mopping then

debenzd:
I think its very unfair to vilify Yok. This is something you can do yourself if you go to this website. I have my own excel sheet where I do my analysis everyday and you can see the change in numbers yourself. FCMB did about 192.9m on the 28th of Feb. They usually do not buy in one day. They buy over a period of time. Here is the link. https://www.globalxfunds.com/funds/nge/

Scroll down to the full details and download. Do the comparison yourself. We really need to respect people who help with information. You can chose to use it or ignore it.

mendes911:


You reduced your holdings in Transcorp after assuring us that their FY result will be wonderful and superb.

Hmm.... I foresee you going on another exile soon.

lancee:
Pls anyone what number can i contact morgan on ..been calling all the numbers .Hope this won't be like last yr.. Na time like this Morgan dey start their Drama

Agbalowomeri:


By then support for diamond fcmb transcorp ati bebelo would be above 2; fidelity above 3
We take it from there

locodemy:


you see that full bid.
na big trap.
me enter there again?
mbanu.....never.

RabbiDoracle:


Why did you enter in the first place??

Anyway, doctors have always asked why I have never had HBP.

It is simple!

locodemy:


I have even sold all @ 56kobo (few units )and 57 kobo (most).
Baba God.I thank you oh.
Not even dreaming to come back here again.

RabbiDoracle:


Thought you said you are old hence the need to sell off and hold cash in every slight dip.

If you cook egusi soup on 1 minute, wetin you want serve people.

Time makes soup done. Time makes the ingredients and the okporoko to permeate the soup. Time is every! The longer you stay, the money your money hammers in! This is the stock market for you.

That doesn't mean you should not be watchful ooo. Open your eyes and watch the market while waiting for time.

Like I said a predator waits and wait and save energy. When it comes out,it is for the kill!!!

Cadillac15:


Let me burst your bubble. I have thoroughly reviewed Fidelity. They will not pay more than 25kobo dividend this year. Expect a very sharp fall after that dividend expectation wanes off.

currentprice:


...and i will be happy to join by then and we will all happy at the end

not buy based on hope for now, if i do weting i come learn from oga wanaj0

leo1234:


All I can give now is gratitude. My profit this year on NSE is slightly below my annual income.
When I make am I go enter lag come see men.

Happy New Year in advance to every member of this thread.

RabbiDoracle:


When will their Q3 result come out??

Parisfran:

I get the idea of value investing, I encouraged my folks to buy FBNH at N 3.5. I didn't have the money to buy at the time but I saw the value.

But that doesn't mean every crooked looking stock is going to be a value machine in 9 months. Until I see 2017 YE results, DB remains a bad buy.

Bianco1:
Guys Morgan still not working at my end since yesterday o!
Is anyone facing the same problem and who knows how to go around this Morgan wahala please?

RealityShot:

hmm.. What broker do you use?

i was placing orders ONLINE back then.

placing orders and making trades are not the same, you know right?

please tell me the broker let me check the "trading" system.

thank you
hmm.. You.. Hmm.. Smh slowly

its your money do what ever you wish with it.

'Everyone is a "guru" in a bullish market'