₦airaland Forum

Stycon:
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 only 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 success 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.

Tru tok sa.
I hail.

kaybams1:
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.

sir, pls kool tempa.
1.

He argued that the upward movement of the all share index was solely based on nominal changes in exchange rate.

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.

Besides, the point that was totally off for me was assuming GDP is a variable that is largely determined by oil prices.

but we're an oil-dependent nation. what other major factor could determine our GDP? N0.9billion tax revenue? yam exports?

3.

That too itself makes no sense cos it's basically real GDP(that is inflation adjusted) that determines real economic growth.

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.

Nominal increases in oil prices doesn't necessarily increase our net exports if other variable in the equation fell in value significantly.

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.

Stycon:
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

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.

are you just being funny, utterly dense or hugely ignorant?

GMBuhari:
So now your complaining about Niger again
If buhari did Lagos to Abuja, you would complain he neglected 5%


Whst will you ever be grateful for?

from now I'll try to create a timeline using events as they occur.
enjoy.

Protect Yourselves From Fulani Herdsmen - OPC Leader Tells Yorubas -
https://www.nairaland.com/4284330/protect-yourselves-fulani-herdsmen-opc

1. most investors are in it Long term, 5 to 50+ years.
2. separate them from stockbrokers who play the market.
3. on an average day, only a few companies' stocks pull up or deflate the market.
4. most other companies take a while to rally under bullish (when there are gains) or bearish (losing) trends.

in the news a few weeks ago we were told that about 40% of the companies in the NSE were flat/dormant all year, 2017.

now we're told of massive gains in 2 weeks; and the highest value in 8 years.

here's the economics:
1. divide the value of the NSE in 2009 by the value of the dollar then; do the same for today.
this gives you a general idea of what kind of growth we've had, based on the naira:dollar exchange.

2. when dollar went from N200 to N300, the value of your 100k shares went from $500 to $333. so your broker would advise against selling, because you've actually lost money in real terms.
therefore to know if the increased share price has covered your losses, calculate for dollar value then factor INFLATION into the result- how many more bags of garri can you buy now, compared to when you first bought shares?

3. a breakdown of the sectors will show you how the real sector of the economy ( companies into manufacturing, construction, healthcare, education and agriculture) benefited from the rise in the index, or if investors are only looking to invest in sectors that will yield quick profits- oil and gas, commodities, etc.

4. rule of thumb: economic growth is measured by growth in the real sector, rather than GDP. the oil industry employs relatively few number of people; how the income is channelled into the economy is therefore crucial to nations like ours.
so while increase in crude prices may benefit the GDP through a few companies, it may have very little impact on the economy.

as they say, the devil is in the details.
so hold off on wailing or cheering until you understand the technicalities and have calculated the real value of the NSE.

I heard his son is on admission.
is it true?
if na true, una hed coret so?
who no get ur tym wen notin bin dey, him pikin wound, na now u wantam to look ur syd?
are u pipu OK atol?!

atrocities on the increase.
more vehement ultimatums being given.
and the year is less than 2 weeks.
can you hear the war drums yet?

wosrong wit u pipu na?
odnari kweshun u canor ax again?
fes, gree dat him dey tok wetin him sabi. aftarol, na him wok.
den, ax him kweshun, lyk
sa, how u take get d numba?
wish tym una bin count dem?
sa, wia una statistic?

na wen Una hia ansa, na in una fit dey tok all deez una complain.
wailing wailers.
mcheeeww.
.………

minwyl, una c say na buhari him Tok say manufachor all d wok?
so who com colet blame For Fuel scasiti?

guy, Were Ur sauce na?
abi u b Lena?

HillsBlaze:
Daily post.
Published on January 7, 2018
By Seun Opejobi 
RELATED TOPICS: Lauretta Onochie, Personal Assistant to President Muhammadu Buhari on Social Media, has subtly claimed that ex-President Goodluck Jonathan is responsible for the killings perpetrated by Fulani herdsmen across the country.
Onochie made the remark while faulting former Jonathan’s aide, Reno Omokri’s claim that Nigeria has become an abattoir.
Sharing a post of one Aliyu Abdullahi, via her social media pages, Onochie said Jonathan is the Grand Patron of Miyetti Allah Cattle Breeders Association.
The post reads, “When Reno Omokri wrote his piece, “Nigeria, A Nation Once now an Abbatoire, I saw no need to respond to him, knowing that he is a habitual liar, he has lied many times before using his name and other aliases.
“This time around also I knew he was lying when he said President Muhammadu Buhari was somehow complicit in the Herdsmen vs. Farmers clash because he was a Patron of Miyetti Allah Association, which is not true by the way.
“It was just a deliberate attempt to cause mischief, fan the embers of hatred among citizens and their leader, politicise A very tragic event but he failed to produce even a little of evidence. So, should we believe the words of a lying Pastor in an era of fake Prophets?
“Lo and behold who is the real Life Patron of Miyetti Allah, not any other person but his erstwhile boss, Goodluck Ebele Jonathan. So should we assume that Jonathan was behind the incessant and condemnable attacks which predated President Muhammadu Buhari Administration?”

yes, it's just one.
I Told several people last year:
If buhari is STiLl On seat by Jan 1ST 2018, Nigeria WIll break Up before 2019 elections.
unfortunately, only THe Secessionists will rEJoice. BUT not for long:
the breakup will be chaotic and bloody...

he Who has ears, Let them Hear.
WAtch this SpaCE.

cdqyehyeh:
Then It Is What To Dos Ruling Nigeria 4 D Past 12 Years Ago. Ruling 4 Only Two Years And U Expect Everything 4rm Him

ignorance is a communicable, but curable disease.
educate yourself on buharis history in govt.
Google is your friend.

OfficialAwol:
The pastors can never chase anyone back. Do you want tithe money to reduce?

But good proposal though.

dis one pass pastor o!
if all we we gree for d mata, wetin him fit do?
na we tok say we want beta…
shans dey.
weda we take am or leav am, na we sabi.

Knarfoza:
I will not be the one to explain to you that the guy who started spatarcus season 1. was not in other series. if you want to find out google it

Sori eh? na me do bad to enta ur mata.
still dey wait comment eh?
good luck

time don rish to force awasef to do d ryt tin.
from March 1, 2018 na only adult wey get PVC go enta shursh or mosk.

evun pastor plus imam mus sho dia own!

den anibodi wey wan campaign, lyk local shiaman, na for inside shursh and mosk we go ax dem kweshun.
das how dem go kno sey dia wok go be helele.
mowe c who wan con try rigin.

how una c am?
twinta go swit for dis yans o!
#pvctoworship

lala, mynd, seun.

Knarfoza:
every Nigerian who is objective is suspicious
of something in aso rock but nobody wants to
talk about it, maybe we believe Osibanjo
should the first to talk about it. I will not
say it too, but I know you know what am
talking about.

Ol boi, speak your mind or shut up.
no time for parables. tins are now too serious for this kind of nonsense.

yarimo:
mtcheeeeeeeeeeeeeew

what do you think would happen in a developed nation if their leaders acted like he has?
the answer you give will tell you why they're developed.
but you can remain mediocre if it suits you.

modified:
if you truly believe your signature-
" WHAT IS GOOD FOR THE GOOSE IS ALSO GOOD FOR THE GANDER"
then you believe that what happened in Benue should be returned in kind.
nor be so?

if there have been attacks in your state by "Libyans" since 2015, but you failed to release a single track, make a short video or lend your voice in the public space against these atrocities:
then you are useless to your people and if possible, Nigerians should boycott your endeavours.

Benue, Adamawa, Enugu indigenes, take note.

nairalanders, please name and shame them.
eschew having favorites or sacred cows.

lalasticlala, mynd44, seun, over to you.

ol boy, evun if u nor get shame, take am do I savis.
make u let God use u for wons na.
at lis Him fit take am heel ur pikin, nor b so?
(evun on top sey d boy own stupid na A1 parallel.)
abi to do gud dey fear u?!
u go evun sezembu ur mates wey get sense...

NgeneUkwenu:
[s][/s]

Go and engage yourself in a meaningful venture and stop wasting here on Nairaland...

Buhari's Tenure Ends In 2023, When he will Handover To Osinbajo for Continuity..

d military wey bomb idp dem, kill ipob, finish Shi'ite pipu, come enta Benue today, show dem small pepe.
coret!
buhari, ryd on jare!!
til 2027 sef.
evun u die, dedbodi don dey cari post for 9ja.

SalamRushdie:
He will be disgraced by his failure and zero performance

guy, leav mata.
enuf mumu sti full 9ja.
by wen almajiri plus Niger republic plus Mali lyn up finish, u go count taya.
or u tink say buhari leav border open for play?!

Cooly100:
Waiting for statments from the Sultan of Sokoto, the emirs and MURIC...

helelekuele!
u rili espet dem to ansa can?!
shu!
wetin dey do u dis boi?!
I beg u, jejeli shange ur post o. enemiz evriwia!

Agbaletu:
All right, electorates will disgrace him.
He will be booted out of office.
Enough is enough!
Our mumu don do!

err...
Sori bros, bet awa mumu wide pass Atlantic ocean.
refia to umaru dikko, to esplane beta.

free2ryhme:
where is the sealing notice

they better do a competent job of gathering evidence o! heaven help them if they fail to prove their case in court.

it would be nice to know what ideas you have to make this reorientation possible.
clearly, anyone expecting "govt should" is ignorant.
so, ideas?

agabusta:
The people is a reflection of the type of leaders they get.

70% of Nigerians are like the leadership. Some of them have not just had the opportunity to demonstrate their dishonesty, greed, selfishness, corrupt ways and incompetence at the Federal/State level.

If you want to be sincere, you'll see these traits in their little areas of influence. Be it in a local community association, church, mosque, old students association, school students' union/departmental associations, etc

Same story of misappropriation, dishonesty, incompetence in leading, among other traits we see among those in governance positions.

Those doing well in leadership positions at the Federal/State levels are those in the competent and selfless 30% category.

To make Nigeria better, we need to push up the number/percentage of honest, competent and hardworking Nigerians. If we do this, we'll increase the probability of getting good leaders in places of authority.

Before starting at the top, change yourself and all those around you first. And let them too change those around them and let it cascade all around.

This wishful thinking of getting one or two good leaders in place, working with thousands of greedy, dishonest and incompetent folks will not work.

We need a massive National reorientation and enlightenment.

step by step o.

@bukolasaraki @dogara
What do you have to say about the persistent ineptitude of the executive in a simple case of making appointments?
Your petrol scarcity panel will sit when everyone is back to work.
Meaning you've been on holiday throughout the scarcity, without deeming Nigeria's citizens- YOUR EMPLOYERS- worthy of your presence.
Thank you for further confirming my previous assertions.
When we turn deaf ears to your pleas, remember that you had ample opportunity to act.
But refused to.

ahn ahn, y na?
shu!
abeg, take am easy o.
lagbaja fa!

marooh:
Abeg is bubu son a relative to lagbaja.....wey his pic nah

why na?
how dem take relate?

Nfchi73:
Na Charley boy this buhari son matter go pain pass. !!!

yarimo:
nothing i go rizin for here , yusuf na human being like you. So next time

na tru u tok.
bet bros.
wen I dey sick, na 9ja moni dem dey take treat me?
aftarol, d hospital wey dem put for aso rock sef, mesin don finish inside.
com mean sey na private hospital d guy dey now, dey spend 3 times d moni wey normal guyman for pay.
abi?
I say make I esplain 4 u, as e b lyk sey ur brain fail to decode d yans.
d mata don clear u for mynd?

LionDeLeo:
Did anyone ask for your family pictures?

bros, bet y na?
c as u doj d mata nicely, begin drop 2kobo yab.
maa ax u kweshun fes.
all d moni wey buhari collect on top petrol wey bin dey 97 naira.
wetin him take am do?
stilyet, whole country dey find petrol pass wata for dezat.
insted make ur brain ax d man kweshun, u com hia dey try prove.
u for use style get small shame na.
abi na d kyn sens wey u go tish ur pikin dem b dis?!
Haba alhaji.

[quote author=ManirBK post=63672038][/quote]bros, abeg clear d matà for me.
is it buhari mata God should put first or Nigeria's own?
as e be for ur mind nahin I wan kno o!
tans in advans.

gone are the days of backward compatibility. well, telegram, wechat, facebook messenger, etc to the rescue.