₦airaland Forum

AllBusiness:
So how do i invest my N4m now? I only have stanbic IBTC money market fund

yMcy56:
Well done sir...

UBA : Full bid @11.95.....
ACCESS: 15.70...

ZENITH don vex finish! @33+

locodemy:
Oga Emma, is Loco a stock marketer?

IHelp:
2024 target surpassed.
Thanks to the loan taken. Everything just working according to plan.
Time to move paper profit to cash
Thanks to all the OGA wey dey here

Lion123:
Up 40% on ACCESS. 15% on UBA. Hashtag grateful.

toyeoye:
Excitement is too much

BullBearMkt:
Institutional investor often buy in tranches which amounted to huge volume. That's an indicator of something fishing...

Harvestock01:
They are processing a full banking license.

YoungBuffet:
Oga face your warrant oooo I never complained to you and more over this is a SM nothing like creating panic nothing like panic what will be will be oil will tank I still maintain my stand on that and many will end up having lots of monkeys in their bags so don't direct anything to me am not creating any panic and if I want to join the bull u are talking about I would have since and still have 40% returns on my investment but am not interested so forget about creating panic. I Never directed what I said in particular to a particular person so face your bull ooooooo

nenergy:
In Zimbabwe, a man appeared and announced to the villagers that he would buy monkeys for $20.00 each.

The villagers seeing that there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at $20.00, and as supply started to diminish, the villagers reduced their effort.

He further announced that he would now buy at $30.00. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms.

The offer increased to $40.00 each and the supply of monkeys became so little that it took so much effort to even see a monkey, let alone catch it!
The man now announced that he would buy monkeys at $100.00! However, since he had to go to Jo'burg on some business, his assistant would now buy on his behalf.

In the absence of the man, the assistant told the villagers, "Look at all these monkeys in this big cage that the man has collected. I will sell them to you at $80, and when the man returns from the city, you can sell them to him for $100.00 each." The villagers came together with all their savings and bought all the monkeys. Then they never saw the man or his assistant, only monkeys everywhere!

You have just been given a free lecture on how the stock market works!!!

Source: https://m.facebook.com/story.php?story_fbid=1110261612317992&id=100000024921401

YoungBuffet:
Bro let me shed little light on this, our current budget is pegged at $75pb so if oil tank to let say 60$pb and was sustained for long time like 6months then then FG will have deficit in the current fiscal year and if it tank further more heat for government to embark on more borrowing to meet up with their fiscal responsibilities. Now as regards it effects on NSE it will not be felt if the price didn't go down well like 50-30$pb and when price gets to that level NSE will feel it irrespective of N3 paid by zenith Bank. How? Now most tier one banks gave out loans to oil and gas industry based on the fact that oil prices would be stable and if oil goes down well and stay there for a while then fears of NPLs hit the market especially the banking sector then investors start selling as it happened before I think around 2016. Part of oil and gas loans is affecting FBN till date, UBA has given loan to TE for his oil well and transcourp oil well then when oil tank proper and stays there for some time then fears of getting money back set in. Another case is Oando that got massive loans to buy ConocoPhillips assets thinking oil price will continue uptrend but tanked and the price has not gotten to that level again when they took the loans. Another aspect is FPIs, if oil revenue dropped there will not be dollars for them to repatriate their gains cos as they come in they are also wants to be sure they can repatriate their gains back and they know is only oil that we have as major source of our revenue so as it drops it sends red flags to them. So forget about N3 dividend when everything scatter no one cares about they dividend again except we of small money. Oil will tank I still maintain my stand on this. China data is weak as regards their economy so the demand from them is low Saudi cut production yet Brent is struggling hard to rise now if US lift sanction on Iran to sell their crude then SS outweighs DD forcing price to go down. My own level is $45-40 before it rise back

yeddy99:
Who is afraid of generational low?
Let it come.
It is even the best time to hammer on the floor.

aremso:
If access move well be that if not back to your tent o Isreal. UBA can't move alone wtout access and if we have global financial crisis again then it goes lower lows.

BullBearMkt:
@thesilentone, your analogy is totally different. NSE is local and it's priced in Naira from day 1. Anyone that is interested in investing in NSE must have account in Naira irrespective of where he/she resides unlike commodities that are priced in USD and traded on Naira platform.

Some of my concerns are:
- Exchange rate risk: If the value of Naira depreciates against the USD, the value of your investments will decrease even if the commodity (for example gold) prices remain the same.
- Inflation risk: Naira often faces higher inflation rates compared to USD. This will also erode the real value of your investments over time.
- Lack of Local Regulation: My major concern. Since there is no regulator of commodities in Nigeria, the broker will be at liberty to misbehave. Nigeria SEC only regulate brokers on NSE, outside this, you are on your own! But a broker in regulatory environment will be cautious in cheating.

These are my personal opinion and should not be construed as being against anyone trading commodities with any Nigerian broker.

123ABCXYZ:
Does technical analysis actually work for Nigerian stocks? The pullback strategy is often very effective in liquid markets especially if built into a robot but one cant say about Naija.

BullBearMkt:
...It's interesting! I would love a situation whereby every assertion is supported by data, explaining your thinking process why you think oil will tank to $60 or thereabout.

I agree with @YoungBuffet that oil can dip despite OPEC cut looking at technical data, but we all will learn if you can buttress your opinion with data or why you think a certain asset can rise or fall.

Just my opinion though.

YoungBuffet:
Opportunity now to buy more of uba and zenith for second batch.

Streetinvestor2:
No one is right or wrong when it has to do with this business. It is only Mr Time that decides that in future.

aremso:
Though I don't know who you were referring to but this is not Oracle!