samguru:


UCAP don drop bomb ooo!

dividend of 70 kobo

I never see good bomb

As T D Jakes usually says...Ooo it’s got quiet now...

Sharmeenator:

My bad! I forecasted based on the their 10 years stock records.

Oh my goodness
How can you do this Sir ?

This is why, senior members always say do your due diligence because some opinions are based on partial information.

Others might even be correct but may take a month, 6 months or a year to actualize and investor must be sure they can go the distance

Pls non senior members like me if you know your information is one sided, we all appreciate it and thank you to mention the technical or fundamental analysis utilized to derive the conclusion/prediction

@y’all, if you are not in the market yet and are looking at medium to long term and are not good at day trading and jijo, you can see the market is going down, why not wait abit till you are abit sure it won’t sink too low

Its common knowledge that prices fall after dividends payments and if they are falling now already then what do you think will happen after dividends

Due Diligence is keenly advised

Record sell-offs persists in medium and low capitalized Nigerian stocks
https://nairametrics.com/2021/02/16/record-sell-offs-persists-in-medium-and-low-capitalized-nigerian-stocks/

Nigeria’s inflation hits 16.47% as food prices soar to record high
https://nairametrics.com/2021/02/16/nigerias-inflation-hits-to-16-47-as-food-prices-soar-to-record-high/

By working together we can achieve great things

Replace with the names of these foreign stocks with the naija stock companies you know. The names are different but the concept is the same.

If this is interesting to you then the next step should be reading further on each, maybe


By working together we can achieve great things

Willie2015:


Just waitin for that GT
To touch N=29.60...
Just dey drag...
God dey... We dey wait

24/26 would be a better position for GTB after dividends have been paid.

For long term investors Maybe??

Due diligence is advised

https://businesspost.ng/banking/ecobank-nigerias-300m-eurobond-goes-for-7-13/?fbclid=IwAR09XNhkeHe4OJ4p0mgeJGvg9eH9waTZSgV1VZG5oDDbB6_MNVe0_p-jejU

Fixed deposit rates should never have been as low as 1% in naija because even if they took our money and invested it in the USA they would still make more money than 1% but they know what they were doing and now suddenly suddenly interest rates prices rising everywhere

Because they want people to leave the market.
As an investor you must wonder why they want people to leave the market now. Shine your eyes

Risk free investors right now

Mcy56:


@moneymanager said I report bull more...... you can also join Peter to be reporting bear nah. lol.

@Mercylicious watin I do now O

Innocent me just minding myself and reporting info about market

ThE GrEaT OcToPuS - no more fire Ooo now it’s Volcanic eruption in KaTaNgA

PharmAlfred:
NSE doing its thing. Blood and more blood.

Peter 5 : Nsempa 0. Score line so far.


Meanhile, buy now if you can, market will reverse later in the day.

Buy now ke??
Oh my goodness
That statement must be for day/short term traders

Somebody is gutting this market savagely

Interest rates have been low since and they could’ve raised it since but they didn’t.

The right thing to do is wait for dividends to be released before increasing the rates but the person knows that after dividends are released the market will fall.

So they are taking steps now to reduce the prices so that those who win in dividends don’t in price appreciation

The market is being gutted. The fall of prices after dividends will be crazy.

Somebody said waiting for GTB at 29. Hmmmm
GTB is the financial sector industry leader. Where it goes the others follow. In my view 29&: high sef.

Why isn’t anyone talking about OMO bonds
Sure it’s less than inflation which is about 15% but it’s much higher than any other non-risky investment

Fixed deposits of banks - about 1%
Hida of Access - 2.5%
Top 10 Investment houses fixed deposit rates - 1% (e.g Meristem)

This is the best move for a lazy investor that’s quite secure. Sure they are some investment houses offering 10% but they aren’t top 10 and it’s a risk going with them (FCSL - 7%)
Noble serve capital - 10%

Perhaps this new raise of OMO bonds interest rates could explain the reason why the market was down in the financial sector for the last two trading days.

Also new of devaluation is back with full force.



https://businesspost.ng/economy/investors-continue-to-abandon-nigerian-stocks-as-omo-bills-yields-rise/amp/?fbclid=IwAR0ZRPXe-NnsMyDLZ6k6xJHXv9ews_WDZl6cAHDGAc7WrkgMIy33dIY1aw8


https://www.bloomberg.com/news/articles/2021-02-05/rising-nigerian-central-bank-yields-may-signal-naira-devaluation

Why Grantham says the Next Crash Will Rival 1929, 2000

https://www.bloomberg.com/news/videos/2021-01-22/grantham-sees-bubble-signal-in-huge-penny-stock-volumes-video


Before anyone says he mentioned emerging markets. Even they will feel it too

...

Nairametrics
CADBURY, GUINNESS plunge amid profit-taking at Nigeria's stock market
https://nairametrics.com/2021/01/21/cadbury-guinness-plunge-amid-profit-taking-at-nigerias-stock-market/

Next stop banking sector

You guyz would be amazed what we can achieve on the NSE if we work together

Abeg market maker for GTB
I dey wait for 25-ish bus stop
Thank you Ma/Sir

megawealth01:
Please don't... Na bàd belle dey worry them... They are doing as if na here dey influence NSE... Capital NO... Nobody here influences NSE... Those influencing it no get time to dey chat here

If I hear
Sometime in mid 2016
A particular master on this forum shouted to buy FCMB. I followed and everyday I watched the stock on Morgan Capital
Everyday the stock was trading at a loss but at the end of the trading day it was always a few percentage above the previous trading day

Na so I buzz my Oga here and asked if he was the one buying all the remaining sells just as the market was about to close to raise the price. He just laughed

The logic was working because at the start of the next day the traders will start selling at the last sold price and this helped push up the stock and then in about 2-3 weeks or so there was a positive financial news (not too sure which one it was back then - I think it was the release of the 10 major banks in naija or so but not sure) that drove bank stocks up and FCMB was already in a good point to it went higher and then, we were advised to sell

Now you know
Don’t say there aren’t market makers here
You don’t know the funds guyz have or the influence or knowledge

Needless to say more

Mcy56:

Think it's high time I stopped posting Penny Stock updates here.
Don't want issues with Nsempas.
Despite the caveats, some may still interpret some infos wrongly and take wrong decision, will still come back with insults if it goes sideways.
I'm a trader and a JIJOist, wont want to be blamed for anyone's wrong decision(s).
All your goods won't be remembered if you make one mistake.....

Not so
We aren’t saying you aren’t doing great or blaming you for the mistakes of others but just some post that skew towards bull when the reality is uncertain sometimes

‘nough said

bigjay01:


not by any chance, it wasn't a dividend paying stock so the N45-50K (after all buy/sell commissions) has been eroded by inflation! (time value of money in view)
in 2009 when i did the IPO, I changed £1 to ~N200.
Do the maths!

I don't normally quote figures, but this is to put things into context and sound a note of warning to newbies
Do not get carried away!

So an approach one may take is this
Let naija money stay in naija
For you to invest here you must visit at times so manage the money you send here in such a way that it provides yearly funds for any naija activity

See it this way if you are living in naija and not traveling, you wouldn’t change your funds to foreign currency because of fear of inflation or devaluation so see naija funds as money that will remain in naija for the long term 20-30 years if possible.

Have separate annual targets for the funds in different countries
Like you can try 15-50% profit annually for naija
Pls note that for places like the states 10% returns is a great result

As your naija funds grows and you keep researching and investing you will learn more and know how to manage it better

I believe as long as naija funds remains in naija then it’s nit really a loss. You may convert profits
The gain in taxes also matters as you pay far less taxes in naija than abroad

After about 3-5 years you may compare results of the different indexes you are in and see if it’s actually worth it

Note this approach requires vigilance
You must know what’s going on in the different markets you are playing
If you can work with others in the markets so you have financial herd immunity for financial covid

S007:


I think it will happen but u may have to wait till Q2 to Q3. When CBN turns their attention from exiting recession to managing inflation

That’s not bad then
Let’s be watching as penny stocks multiplies others capital

ukay2:


Where will you go?

To another basket of eggs

S007:


I like dis your new pastime better than the old one.

You guyz should just push GTB to 25-ish for me
You won’t see me here again till next year

It’s a constant migraine to be monitoring so many things at the same time. I don’t know how you guyz do it

OBAGADAFFI:


Did you bother to read the Bloomberg image you posted?

Nigerian Stocks Head for Best Annual Run Since 2013

It was published on December 29, 2020, 8:36 AM EST

This why I avoid unnecessary arguments here.

My goodness
It’s amazing to see how some people rationalize misinformation. Mehn

You and the article said best market for last year.
Bloomberg said best run. A dude can have his best run and still be the last guy in a race if all the others also improve.
I also included a list of the best performing markets

Can’t believe you came back with this argument
A man should know when he has made a blunder
Am shocked by this 100%

Mehn
Best performing market and now best performing since 2013 my goodness
You didn’t say had it’s, you said was the...
Or is this an English problem now

Chai

OBAGADAFFI:

Nigeria entered recession last year, coupled with covid-19 crisis.
But the NSE was the world best performing Stock Exchange in 2020.

It seems simply mean people are seriously harvesting on the NSE.

@Newbies,
This is why you do your research with what people say here. Google “best performing stocks markets 2020 Nigeria position” you will get an article by the cable with a link to Bloomberg. Click the link and you will get a Bloomberg article that says something entirely different.

Then google “best performing stock markets for 2020” and you won’t see NSE anywhere on the list

Don’t dull guyz
Research everything

This is what Madam good luck called Chai!! . Our people
Oga OBAGADAFFI, Good evening Sir

@GANDALF1

Don’t worry about these guyz. Just keep making your post to the newbies and give them your sincere advise about the market and warning so they don’t miss road.

The funny thing is these guyz are so selfish they don’t realize that instead of exploiting the naive few here they could work as a team and using the influence of the number here buy and sell in unison which would create good entry and exit and create profit for all here but they choose to manipulate and take advantage.
Anyways ...

Someone pls give us detailed analysis on zenith bank and prediction.

At newbies don’t trade with 100% of funds if not sure. It’s better to say I should have invested more than to say I lost it all.

Use 10% to test investors advice and increase it when you know the person to be credible
A good man does not pass on experience of sufferings. A bad man says you are an adult endure.

Shine your eyes guyz


God bless Nigeria and God bless and prosper everyone

Justcul:
I have sworn never to buy insurance stocks irrespective of any Bull run.

I will continue to stick to blue chip stocks ... do what works for you ooo

Speculators take the most risk. They evaluate penny and new stocks. Take high risks and when it pays off they make huge rewards but also when it doesn’t ...
They are more frequent in entering and exiting the market and majorly short term traders
Focus is price appreciation

Investors take very calculated risks. The focus on blue chip companies and tried and tested principles. The don’t make as much as speculators but they don’t lose as much either (note not all speculators lose)
They are medium term traders
Focus is more on price appreciation plus dividends

Money managers are the most boring kind of people in the stock market because their main goal is capital preservation. They try to eliminate as much risk as possible. They usually stay away from the market in fixed deposits and t-bills. They only enter the market in known seasons and buy tired and tested stocks
Usually long term traders
Focus is more on dividends

The great thing is you can decide what kind of trader you wanna be and ofcourse you can also switch from one kind to the other or even combine strategy with varying percentage of your finance.


I think someone is playing with GTB and Zenith bank. Just selling enough shares to put them at an end of day loss. That’s why for the last few days the are at a loss but barely above 1%

Meristem - The 2021 Economic and Market Out look

Thanks @OBAGADAFFI and @emmanuelewumi

Na sit-down look approach for me
If they don’t follow the same trend

I don’t understand why GTB is going down and Zenith is not following suit. This makes no sense to me at all (stocks should follow the market leader)

Coolcash1:
If only NSE can be a two-way market. It will really help our market in terms of volume and activity. As it is, money is only made when prices are going up which shouldn't be. I hope they can deepen the market very very soon as its long overdue.

Don’t dull Sir
There is short selling (not marginal landing - I asked to ensure it was different) on the NSE but am not too sure how to activate it yet
Last year January I called and sent several emails about it until I finally got a response call from the NSE and was told it was available
If memory serves it was one of the top 2 trading houses that have this option available
I emailed the house and they confirmed it but given how volatile naija stuff is I didn’t follow through. Also my knowledge of short selling wasn’t that strong so I let sleeping dogs...

http://www.nse.com.ng/products/equities/short-selling

It’s the top investment houses that do it
I asked Morgan and meristem at the time and all they have is marginal lending
Funny enough many of the houses don’t even know it exist

GTB - 8 trading days
7 days down. 1 day up (Take note)

PETERiCHY:


Our PRICE TARGET for 2021

GTB 13:05

For long term investors. Due diligence is advised
GTB - 8 days trading
7 days down. 1 day up (take note)

BrokerHaruna:
There was a technical glitch yesterday which affected the supply side of the market. That anomaly is being corrected today. That's why you see the much predicted bears ravaging the market, consistent with my earlier steer.

This guy you are sharp
Investors no dey use novice eyes dey look NSE. Imagine if someone with access to the system at a higher level wants to manipulate the market

What does he do? He blocks traders on the first day after a holiday and then ensures there is bull run so then those guyz are filled with anticipation and anxiety.

When they have access the next dey they will jump in and then the bad actor will simply sell the stocks.
Open your eyes people
They say technical glitch but what exactly caused this glitch and why were others able to take advantage.

There are very smart guys in the NSE
Learn from this 2021 first two dey trading education and let it make your smart throughout the year. Shine your eyes

Lion123:
This bitcoin rally dey pain sha as I no come dey inside am. Zenith, GTB and Access, pls be good to me.

May it be so