₦airaland Forum

currentprice:
very soon those pple will go on the floor to continue mopping any available fo. if they can paid N66 to buy more . they will buy much more at less tha N20 on the floor. i expect FO to turn to permanent bid soon

hmmm they saw FO fairprice as 66

i saw it before now as 39 for half year so full year with similar performance will give us almost same fairprice

chai! my bedsheet sees well

Intendy:
Stocks with new 52 week lows

Livestock #0.40k

Uacn properties #1.00k

International breweries #10.50k

Seplat #441.00k

FO #14.40k

maryjames9:
I have read about couple of recent pages of this thread and I cannot help but put my contribution to this thread. This thread is about NSE stock and I guess I have at one time made some contributions on this thread. I am a forex trader and a technical one at that. I have also learnt one or two things from you folks here and I have great deal of respect for you here. I actually became bored at one time when I discovered two people, a lady and another guy in a hot romantic relationship. I decided to quit following the thread since then because na their post only I dey see at one point.

Back to the point I want to make about meshpips. I don't think meshpips is here to scam,hoodwink or become a huge inconvenience to you. I think he is only here to make contributions by providing possible directions of stocks through his knowledge of technical indicators. I think he wanted to prove to the good people on this thread that he is good and can be a great asset to guide you all in making informed decisions on the best price for your stock.

His approach may be unconventional, his intentions may seem sinister, he may come out as overbearing, domineering and lousy but I think he has good intentions. Yeah, he want to earn your respect and he is been trying to earn it. Please guys, I don't think you lose anything by at least having him make his contributions at least to guide you in making good stock decisions. It is left to you to make at the end of the day. His opinion can be opposing and could be discarded but at least try respect his opinion and give him the chance to express them the best way he could.

I see him as someone who is trying to build himself up to a level of autopilot trader where he could confidently say he has been able to use his wealth of knowledge and experience to make tremendous success not only in forex trading but has also made success out of legion of stock traders. Two heads they say are better than one. Please let us not just discard his bunch of audacious and unconventional rhetorics. Diversity can be fun. Thank you.

RabbiDoracle:
I have asked those questions. But what confuses me is the inflation to use knowing that these monies are not going to be used in Nigeria.

So the real yield should be = Yields(returns) from stock - inflation in their own country - % of currency depreciation .

You can't use Nigerian inflation because the monies they bring are not spent in Nigeria but abroad. This is what I think.

If a Nigerian invests his naira, you should consider inflation when calculating real yield because after everything you get, you still spend it here at home where a high inflation takes the gains away from you.

I'm summary, where is there zero exchange rate and their home country has negative to below 2% inflation, the yield will be around 12%

Valueinvestor:
Am confused o,is this the same NSEMPA thread or further maths thread, abi which kind wahala be this,so person cannot come and buy UACN at 4.50,or zenith at 16.0[/b]0 and sleep with peace of mind[b].Even gtb sef at 26 with 30k interim div,people still dey fear.

Chai,naija economy don make plenty good stock suffer o.

meshpips:
I think this is a practical example that would help people understand the TIME VALUE OF MONEY.

18,500 in 1997 (or 2009) cannot in anyway be equal to 18,500 in 2019.

@jamace, I told you that THEORIES have practical applications.

Life is good!

Agbalowomeri:
Me I don't have strength to separate two-fighting o
My loss from Union Bank 10 years ago is still weighing me down

currentprice:
I read it somewhere about the amount to invest on some banking stock that will give u dividend of N500k yearly @ currentprices.

for zenith u need less than 3m
for gtb u need like 3m also

etc

imagine

stcool:
We as a people don't want to hear the truth...

PMB is a mistake and if we keep quiet...it will repeat itself and even worst in 2023!

Nigeria I know has never gotten better since childhood!

After 4years the damage down to the economy would be irreversible!

GTB Nigeria's biggest bank is chasing people up and down to take loan at lowest cost...yet people are scared because the economy direction is not clear. And you think all is well!

Even the rate at which GTB is given out loans is killing fintech loan start ups!

dipoolowoo:
First Bank Writes off Bad Debts Linked to Two Oil Moguls
https://businesspost.ng/2019/08/09/first-bank-writes-off-bad-debts-linked-to-two-oil-moguls/

Osunsanya Quits Oando Board as Irune Joins
https://businesspost.ng/2019/08/09/osunsanya-quits-oando-board-as-irune-joins/

No N9.9bn Traced to my Account—Ambode
https://businesspost.ng/2019/08/09/no-n9-9bn-traced-to-my-account-ambode/

Why Dangote Refinery May Not Take Off Again in Q1 2020
https://businesspost.ng/2019/08/09/why-dangote-refinery-may-not-take-off-again-in-q1-2020/

Bomboclad:
Congratulations bro. I bought a lot of lands on the Lekki axis in 2009 and sold years later at returns in excess of 500%. These days, everyone is into land buying/selling, hence I pulled out, plus the stress of family meetings here and there + all sorts.

I wish you the best of luck with your acquisition.

OBAGADAFFI:
The number One cause of NSE bearish market is the uncertainty from the Current Government.

Even traders/Market people are complaining of low patronage

Bomboclad:
Why 5 years time?

Chibuking81:
https://community.oilprice.com/topic/7005-china-devalues-currency-to-lower-prices-to-counter-new-trump-tariffs-but-doesnt-help-here-is-why/
What direction will China devaluation of currency affect Nigeria economy, will it be negative or positive?

https://oilprice.com
This falling in crude oil price , call for concern, if oil price fall below 50 dollar per a barrel, that mean there will be fire on the mountain, because it will definitely affect Nigeria economy and stock exchange market. If crude oil price pick up this week and move back to above 60 dollar, that mean there is no cause for alarm, but if it keep on falling, and goes down below, dear friends cash will be the king, because part 2 of bonanza period will be loading. Naira will be facing another challenge of devaluation, because with lower amount of dollar that will be generating from sell of crude oil will force dollar to be scarce..

The best solution is to reduce the influence of dollar, by engaging in currency swap, and make other currency to same popularity like dollar, most especially in the international exchange market and transaction.

I pray for oil price to rise again.

dipoolowoo:
MTN Nigeria, Others to Pay Dividend This Month
https://businesspost.ng/2019/08/07/mtn-nigeria-others-to-pay-dividend-this-month/

NURTW Picks Universal Insurance to Insure Drivers, Passengers
https://businesspost.ng/2019/08/07/nurtw-picks-universal-insurance-to-insure-drivers-passengers/

2Baba Joins Nigerian Stock Exchange
https://businesspost.ng/2019/08/07/2baba-joins-nigerian-stock-exchange/

TooMuchStuff:
Hahahahahah..!

Keep wondering why lunatics and full-time madmen roaming our streets who don't use any toothpastes and toothbrushes are still keeping their 32 teeth intact while the over health living apostles are always with dentists to extract tooth and do braces.

bigsmoke2:
Pls am a novice inherited very large volume of stocks but the value is fast dropping. I've approached a number of brokage firms who all become desperate once they sight my dematerializaton form. only excepton was ibtc but they require 5millon cash deposit to trade with them. even though my stock is worth way more than that. All others have been disturbing me with calls and messages. I just need general advice from gurus in the house. I've read a lot of scaring things about stock broking world such as unauthorized sales of shares etc. From my deduction one needs to thread with caution in the broking world. So as not to loose all that money. A firm billed me 10% for indemnity in an attempt to make so much money from my stocks while ibtc only asked for 1% of stock value Kindly advise me so I don't jump in bed with a crafty brokage firm. Also can I open multiple accounts account with different brokage firms just like bank account or I can only move my account from one firm to another like pension.

RabbiDoracle:
At N18, the dividend yield after deducting WHT is 14%.

This is more than what you will get in Tbills.

I won't be surprised if smart monies start moving in to lock into the yields.

The truth remains that you can't outbuy the foreigners once they start to buy. We can only be chasing daily tops to see what we fill our orders when they are in.

Like I always say, as we are obsese, gentle dey crawl enter the event hall before slim people start to come. Take your seat and relax. When it is time, the door go close by itself.

maishai:
Not bad.......for 30 years.....only that I'm a bloody retail investor

dipoolowoo:
Union Bank Issues N30bn 10-Year Bond at 16.2%
https://businesspost.ng/2019/08/06/union-bank-issues-n30bn-10-year-bond-at-16-2/

aremso:
My people where is peterich and ndidi oooo. Am missing octopus ooo