Happy New Year everyone
God bless you all

Happy New year every one
More blessings
And favours, and more oils to your engines
AMEN!

The broad spectrum of conversations, discourse and contributions of 2020 were largely intellectually stimulating and refreshing

God bless you all as you proceed into 2021

afroxyz:

Who dey talk NSE? When people trust the system, those type of gains can be replicated here. Trust is the blood of every financial system. If investors cant be guranteed that there is a level playing ground they would hide their money or divert to other asset classes to lock in their capital such as gold and real estate.

Exactly
The lack of trust to me is a very serious limiting factor in our markets

That's a major reason why our market cap is not as big as it should be...

The Americans over the decades have been able to build and establish TRUST and CREDIBILITY
That's why the Capital inflow from virtually every corner of the earth finds it's way there

I really wished we had the same mindset as a people and society here

ukay2:


No be lie oo

We are hoping things will work out for our good in 2021....Amen.

Amen o
We look forward to a positive 2021

afroxyz:


Baba. Let it not make you bored o. Remember trading/investing is 90% psychology. You have to rein your emotions when others are drunk with euphoria. Besides when shit hits the fan na those 'borubg assets people go use hold body las las. But why do u find stocks boring? Zoom shares have returned 553% this year. Peloton 558%, NIO over 1,100%. So it depends on where you are looking.

These kinds of growth in a short period of time is very very rare for the NSE, at least in recent years (that is if it has happened at all)

1100% ?

My goodness me

EarlyCareer:


Please stop. Just stop it.

What should I stop ?

Judging by the sheer size of our economy (it could be bigger, based on the inherent potentials of Nigeria)

The Market Capitalization should have been much bigger
And the number of companies listed should be much more

The lack of trust I think many have for this space, as well as the dark shadows as cast by the fiasco of 2008, is really inhibiting the growth of our market

And for the brother who spoke about market inefficiency
Maybe its because of the relative illiquidity of our markets

jedisco:


I haven't held Nigerian stocks in a long time. People make good money trading it.
My worry is there may be lots of insider trading going on with improper regulatory oversight hence the huge losses by most folks. Another theory may be that they bought the top of the last bull run. That said, our failing currency makes foreign stocks more attractive.

There has been some reform and some regulatory changes since the fiasco of 2008/2009 during which anything went

I would say that the NSE is in a better place now than it was then.
The NSE still has some opportunities for those who seek it, and sometimes, the best bargains are the companies with not so big names

I for one have looked into that courier company RedStar
I have been looking into their statements, and from my own personal judgement, I believe some value holds in that company, hence I am loading up on that company in phases
Now this is my own judgement, not a recommendation for anyone
Due diligence is still needed

That said
The main risks with this our beloved NSE
Is Mr. Inflation and Mr. Devaluation
(Other risks also exists, such as corporate failure of the individual companies and all that, but I feel that the aforementioned are the two biggest for me)
Picking good companies and periodically reviewing their statements, you cannot go wrong most of the time doing just that

Almighty America is in a way stuck in that trap

The abysmally low interest rates PLUS excess liquidity have fuelled am asset price increment across board (Equities and even real estate)

Having the interest rates go up will spell doom for so many of these assets, as rotations are bound to happen following that
Not to even talk of the US Debt

It's my hope and prayer that Nigeria one day does not get into this EXACT SAME predicament

igbizen:

Am also looking forward to a few picks next year if the “IF” happens

Indeed
But then
If the T Bill's rate cross the 13% mark

Money Market instruments again would be the beautiful bride that investors will be courting
I think its remotely possible
But highly unlikely

The uncertainties around our currency and the policy surrounding it will definitely keep FPIs (well many of them) who would have otherwise been in the field, watching through the window

This means that for the most part, we are gonna be on our own

I'm sure. Mr Ukay2 and a few others are patiently waiting with their SHARP CUTLASS
To do some harvesting

DexterousOne:
https://www.nairaland.com/6333390/economic-crisis-naira-fall-further

From this report above,
If the CBN pulls this off (their whole talk about interest rates going up going into 2021)

The equities market will definitely feel it

Imagine for example T Bill's rate hovering between 8-12%
In 2021?
Anyways let's keep observing
And be on the lookout

If these two hypotheticals hold I.e. rates going up, and equities market taking a hit....
That's an "IF"
The major card that retail investors can play in the equities space is to pick a few sound companies in the dip.
At least that's what I'm gonna do if these were to occur

https://www.nairaland.com/6333390/economic-crisis-naira-fall-further

From this report above,
If the CBN pulls this off (their whole talk about interest rates going up going into 2021)

The equities market will definitely feel it

Imagine for example T Bill's rate hovering between 8-12%
In 2021?
Anyways let's keep observing
And be on the lookout

megawealth01:
They have gotten to their highs... They will get back to 2+... Bookmark this

If this is the case....
Then we will be waiting with our cutlass

Odinaka00:


We don't live in fear over here bro unless those who live in townships. Estates are the safest place to live, nobody cares about you or where you come from, it's just you and your apartment

Thats interesting to know

So all that violence is in the townships

DexterousOne:


They need to do more
Like a lot more
Clampdown really hard on these fraudsters

But then, how are we sure that the same Nigerians that the SEC is trying to protect wont turn on them
Calling the SEC enemy of progress and all that

Those guys are trying though
But they can do better

I think the SEC was warning about MMM
I cant remember so clearly
But I think they were

But Nigerians (well some of them) did not take heed
But then, I believe the SEC should do even more

unite4real:


True. What I find uncomfortable with is the fact that SEC will never do anything until the schemes collapse and investors begin to cry for help. At this point, they washed their hands off by disclaiming.

They need to do more than this

They need to do more
Like a lot more
Clampdown really hard on these fraudsters

But then, how are we sure that the same Nigerians that the SEC is trying to protect wont turn on them
Calling the SEC enemy of progress and all that

Those guys are trying though
But they can do better

What kind of "business" really gives >20% PER MONTH?
When established businesses who returned that level of NET RETURNS ANNUALLY will be at least applauded
35% net returns annually
That management must be stellar!

Someone now comes to tell Nigerians that they can deliver such high returns MONTHLY and people believed them

unite4real:


https://punchng.com/rivers-forex-investors-panic-over-operators-alleged-collapse/?amp=1

https://www.nairaland.com/6330623/sec-disowns-forex-investor-calls

I saw a large crowd gathered in MBA forex with premium tears

I hope this experience teaches people a lesson
But my bet is...

Some wont learn
Despite everything that happened with MMM
Still many did not learn

Like I said before
The SEC really needs to step up and protect Nigerians from this carnage
It is not enough to just "disown" them

Merry Christmas to everyone here

I want to specially thank every contributor here for keeping the engine up and running here
You are highly appreciated here

Going forward, may 2021 present us with more opportunities, and also good health and life to enjoy the fruit of our labour
Amen

cc Mcy56
Locodemy
Megawealth01
Ebuka1997
etc etc.

Cheers to a better year ahead

A lot of yoi are just being in denial

boolee:
Lazyyouth You're as Audio as you can get. If you can go as far as displaying someone's picture in a faceless forum for some needless Own goal.

Work on your Self Esteem. You don't need to pull another down to climb Up
You want to be an Authority here?

Give us Financial Advice out of Experience from the Sector you work in.

I know you will say you don't want to And I also know you can't offer what you don't have.

Just stop being a Dimwit.

#Peace.

Well said
Every other person comes here and contribute based on his/her own background and experience
That kid on the other hand just comes here to constitute a nuisance

That is how to spot an empty barrel
Noise making

Good night every one
I wish you all a merry christmas and a prosperous 2021 ahead.

Take care and God bless us all
AMEN

I'll just end this conversation here
Because it is unproductive and it leads nowhere
After this
You can rant all you want
And call me whatever names you wanna call me
Anything you want to concoct about me and post
Be free
Do that
If you want to dig up my old posts and put a spin on it to suit your narrative
That's also fine
If it makes you feel better
I have done enough unnecessary clarifications the first time you pulled this silly stunt
I wont do it again
The unnecessary ones I did the last time suffices

You wont get a response or explanation from me anymore (hopefully )

But I'll give you a piece of advice

you need to go for therapy

This hallucinations you are having is really making you look like a circus clown
Low self esteem, and a craving to feel among is the plague that is ravaging your inner self

If I am online, and when I deem it fit, I will contribute to the discourse that I may find interesting going on here
Those who deem it fit to quote me can quote me
Those who deem it fit to ignore can ignore
Those who will see it as a "clout chaser" just coming here to talk, be my guest
It does not add or subtract anything from me

That's your fundamental human right
Like I always say.
This is a forum
People come and they discuss

Alexgeneration:
Just shut it and crawl back to your hole you wannabe.

Go and attend to Buhari report card on your table.


Audio investment guru.

"Just shut it" = Yes sir I will shut it
But what should I shut?
A window or a travelling box?
Lmao


"Wannabe"
"Audio investment guru"

What other names do you have for me?
Keep them coming
If they make you feel better about your existence

Lazyyouth4u:


Look at this boy. Who you dey call dimwit? After I exposed you as an audio youth, you became humble. Now you see an opportunity to speak up cos you believe that this is the best time for you to talk as audio man’s supporters must have your back. You must be an idiot to think like that.

E be like all those years you spent at home both before your NYSC call up and now wey you dey find job never reset your brain. You were the same guy here 247 throwing insults at people more experienced and older than you. They let you be cos you presented yourself as an experienced investor. But I exposed you.

You have no right to give advice or talk when people are speaking here. Go find a JOB son!

Okay
Now the talking point is "I presented myself as an experienced investor "
And "I am now "humble" "
And "I have found my voice " as if i lost it before
And the most hilarious part
"Audio man's supporters must have my back"
On a faceless forum?

Imagine this
Look at the level of reasoning you have, as encapsulated in this post you just made
Trying so hard to seek relevance on a forum like these
While others just come here and make their comments based on their perception of things
Just imagine
Like I said before
If believing all that you wrote up there makes you feel better about yourself
So be it
Be my guest
And like I said before
It does not change my reality

Cyberknight:


Nothing, but nothing will justify a second lockdown in Naija.
The lives vs livelihoods pendulum should come down firmly on the side of the latter.
The oyibo man has the economic and political flexibility to play around with lockdowns (money to pay for furloughed employees, relatively stable societies which can understand the measures, be persuaded to agree therewith, etc.). We don't.

While Covid is undoubtedly a bad thing to those whose family and friends died from or were sickened by it, in the harsh light of reality, the Covid fatality rate is simply not high enough to justify the severe, once-in-a-generation economic pain the lockdown measures cause and which unstable societies in Africa might not be able to withstand.

I'm really hoping that there is no second lockdown in Nigeria
And I am also hoping that we don't have so many fatalities from covid either
The Nigerian economy's backbone is informally driven
Lockdown will rip it apart
And there are no palliatives to fall back on

Neither will there be stimulus cheques
Or Payment protection
The Nigerian government has no cushion

And is not interested in one

Alexgeneration:
Guy,please shut up.
Buhari was bringing his daily report to your imaginary table until our in-house detective exposed you as a common corper.

You have suddenly regained your voice, cos you think we've forgotten about all your wack and dumb analysis.

If you dont understand the context to which something was said
How about you keep your mouth shut
And not embarrass yourself
Based on the ridiculous crap you just wrote up there
How can the president come to me to submit anything?

I had explained what I meant by that statement
The economic indices IS the president's report card.
If you cannot understand that
That is on you

You are talking of "wack and dumb" analysis
Where is the wack analysis?
If you can retrieve them from this page
Bring it out and let us see.

Rubbish and nonsense

Both you and that lazy youth are confused
Which one is it now ?
That I am unemployed?
Or I am a "common corper"

Like I told that one called Lazy youth
Anything you guys want to believe
You guys can believe
Anything you want to say about me here
You guys can say
It does not change my reality
Or amount to a debit alert in my phone

It's your opinion and perception
Which does not amount to anything

Lazyyouth4u:


Look at this one. People are talking, you self wan follow talk. Better go and look for a job to better your life and condition. I bet those days you were making noise here like an experienced investor, a lot of people thought you were a big man not knowing you were a common corper wey dey try fade from Naija due to lack of job. Until I expose you.

Please don’t upset me this Xmas o. Audio youth like you wey dey talk say he better pass CBN Governor. Give yourself better konk for your head you this boy. E be like say na star wey you dey drink with that 50 dollars wey your brother send you for Xmas dey deceive you this night. Better go follow your mates talk

Where does this dimwit get all these ridiculous ideas from ?

You see
That is the problem with you
You talk without thinking
You will not be billed if you use your common sense
Its free of charge
Please be using it
If calling me a "boy" makes you feel better about your pathetic self
Be my guest
I give you Express permission to call me a "boy"
If that will soothe your broken self
I'm all for it

Lazyyouth4u:


Boy, you have no right to talk when men are talking. Go and find a damn job and stop complaining about Naija or coming to live your dreams on Nairaland.

You are a rat that can’t talk where I talk. Believe that son! Clout chaser like you. You have been exposed. Go and hide your face!

As expected
Making silly comments and assumptions
Who is chasing clout here ?
The only one doing so, is YOU
Educated professionals are here exchanging banter on different investment vehicles they are in, and other sundry topics

And here you come with your dumb.b and Inferiority complex afflicted self
Talking absolutely rubbish and nonsense

Who are you?
What have you achieved?
What is your educational background?
What do you even know ?

If you feel intimidated about what people on a faceless forum are posting
Then you really really have a problem