salanda:


Vote wisely??

You want to build a house let's say in your village but you live abroad so you need someone that can build and that can also supervise everything related to building it! So you approach the king of the village seeking such a builder. The king presents 3 persons for the task and tells you to choose one:
(a) A fisherman
(b) A farmer
(c) A baker
Then he remarks "vote wisely"



Is this not laughable. Can you not see that you are doomed no matter how you vote?

Doomed? Alright sir.

No you can't, because you have to go through a broker or registrar


Guys where can I short Nigerian stocks. Which platforms do you guys use?

What's the max leverage one can use?[/quote]

I bought livestock @ 1.90 and I don't know what to do with the stock now @1.25.
I need advice as I am loosing so much already.

nastynic:
Good evening bosses,
If I want to know alot about investing, as a newbie with no knowledge, how do I go about it?

Step 1. Read this thread from Page 1 to the end.
Step 2. Download and Read Online [b]Candlestick Trading Bible [/b]by Munehisa Homma (This is for technical analysis)
Step 3. Get periodic stock analysis reports from top brokers
(FBNQuest, Meristem, Vetiva, Proshare... etc Most of them are free and for fundamental analysis....just search online.
Step4. Ask questions on this forum when in doubt...we have top guns on this forum.

sidonlook:
I bought livestock @ 1.90 and I don't know what to do with the stock now @1.25.
I need advice as I am loosing so much already.

Just sidonlook! (no pun intended)

Good morning guys
Buying zenith bank or gt bank 100,000 unit

Or

Use the money 2million to buy USD, which one is better.

For short term like May 2023 before I can liquidate

seyisanya:
Just sidonlook! (no pun intended)

You funny

He didn't know the answer is in the username

daddymgg:
Good morning guys
Buying zenith bank or gt bank 100,000 unit

Or

Use the money 2million to buy USD, which one is better.

For short term like May 2023 before I can liquidate

1.3m on USD 700k on GT

Looking at MORNINGSTAR for fund ownership changes in UBA (for the top 20 fund holders) reported in about the last 30 days.

"Mazi Asset Management Prime A" picked more UBA shares.

The funds have increased their total holdings in UBA slightly.

*NB: This snapshot information is belated as some of the funds above may have even dumped their holdings or acquired more. Suspect more were dumped and that's what is bringing current UBA share prices down. Updated snapshots will reveal if this is so.

Looking at MORNINGSTAR for fund ownership changes in ZENITH (for the top 20 fund holders) reported in about the last 30 days.

Total ZENITH holdings has gone down by about 72 million shares.

*NB: This snapshot information is belated as some of the funds above may have even dumped their holdings or acquired more. Suspect more were dumped and that's what is bringing current share prices down.

sidonlook:
I bought livestock @ 1.90 and I don't know what to do with the stock now @1.25.
I need advice as I am loosing so much already.

Buy more.

WHERE TO INVEST N100M TODAY BY NAIRAMETRICS (2 days ago)
* Many are wondering which asset class to invest in that would at least match inflation.......
* Nairametrics reached out to some investment banks and experts to help answer these questions......
* One of the respondents, Oladipupo Tijani advised investing in dollar denominated assets such as Sovereign and corporate eurobonds, eurobonds denominated mutual funds and stocks.....
* Another respondent, Dr. Paul Udum who is also the Head of Securities Trading at Planet Capital has the attached to say.....
*......read more in below link.....
https://www.google.com/amp/s/nairametrics.com/2022/07/21/where-to-invest-n100-million-today/%3famp=1

yMcy56:
WHERE TO INVEST N100M TODAY BY NAIRAMETRICS (2 days ago)
* Many are wondering which asset class to invest in that would at least match inflation.......
* Nairametrics reached out to some investment banks and experts to help answer these questions......
* One of the respondents, Oladipupo Tijani advised investing in dollar denominated assets such as Sovereign and corporate eurobonds, eurobonds denominated mutual funds and stocks.....
* Another respondent, Dr. Paul Udum who is also the Head of Securities Trading at Planet Capital has the attached to say.....
*......read more in below link.....
https://www.google.com/amp/s/nairametrics.com/2022/07/21/where-to-invest-n100-million-today/%3famp=1

He is a strong man, investing 60% of his fund in banking stocks

emmanuelewumi:



He is a strong man, investing 60% of his fund in banking stocks

With the low average returns associated with it.

lolaluv1:
Hi @yMcy5 Please do you have any stock recommendations for a sister?
And is it a good time to sell UCAP

You may have to exercise patience for now......till all these response to increased MPR and Nigeria's deficit news died down, and market shows some signs of stability at least.

As for UCAP, it depends entirely on you and your objective for buying it.
From observation, UCAP has been showing some resilience in the face of the sell offs. Good Q2 result has also helped to prevent steep dumping in the stock so far...,..but like I said, it entirely depends on you and where you intend to invest the fund if you choose to sell it. Just make sure such investment will give you more value for your money.

yMcy56:

You may have to exercise patience for now......till all these response to increased MPR and Nigeria's deficit news died down, and market shows some signs of stability at least.

As for UCAP, it depends entirely on you and your objective for buying it.
From observation, UCAP has been showing some resilience in the face of the sell offs. Good Q2 result has also helped to prevent steep dumping in the stock so far...,..but like I said, it entirely depends on you and where you intend to invest the fund if you choose to sell it. Just make sure such investment will give you more value for your money.

Thanks dear.

RabbiDoracle:
Monkeypox is now trending all over EU, US and the world at large.

Something that even many Nigerians have not seen any person suffering it or even if they had seen, they are very few. It is a very rare disease and seeing the sufferers is usually a bad sight to behold.

And now it is trending. Awon were jatijati.

What could be the likely impact?

Looking at events in the last 2 years, it is very likely the releases of these events are there to crush demand for fuels, foreign and domestic travel, hotels, vacationing companies etc. If the panic spreads as they are hoping, they tend to boost healtcare and pharma, hygiene goods, food storage/hoarding, vehicle leasings/rentals, online education etc. So these are areas of investment that may see a boost if they spread the panic like they did for covid.

Effect on NSE?

I don't think there will be any negative impact on stocks that cater for these events(highlighted above). 100K here we come.

Stay safe.

https://www.reuters.com/business/healthcare-pharmaceuticals/monkeypox-outbreak-constitutes-global-health-emergency-who-2022-07-23/


WHO has declared this a global health emergency.

Forecast remains same. See the sectors they want to crush. And see the sectors that could benefit.

Two things can happen :

(1) oil and other commodities crash as people panic and go indoors again as govt institutes another harsher lockdown.

(2) oil and other commodities don't crash as oil producers sell their commodities at their own high term and people don't go into lockdown. Other commodities rally to all time high.

In both cases, food remains sought after as you must eat to stay alive.

Lots of people are wearied by the lockdown and they could disobey this time ala Sri Lankan Style. This brings out another form of tighter control via electronic tagging, bank account restrictions, digital currencies (easier to know what you have and block your account once you are found in a questionable group of protesters), communication block etc.

You are not the cause of these events. So trade it.

Wapgod:

With the low average returns associated with it.

Different strokes for different folks.

I will invest 70% in equities sha

Willie2015:


Step 1. Read this thread from Page 1 to the end.
Step 2. Download and Read Online [b]Candlestick Trading Bible [/b]by Munehisa Homma (This is for technical analysis)
Step 3. Get periodic stock analysis reports from top brokers
(FBNQuest, Meristem, Vetiva, Proshare... etc Most of them are free and for fundamental analysis....just search online.
Step4. Ask questions on this forum when in doubt...we have top guns on this forum.

One and two, check

I understand fundamental analysis from a global stand point because I trade forex but narrowing it down to Nigeria stock exchange is where I've been having issues.
Thanks alot for the information, I'll work on the rest. Have a blessed week sir

Uchetoba:
As a beginner you need simple books that can teach you the basics of stock investing.

Books like

1. Buying company shares the common sense way

2. The stock market wiz kid

3. Any other book that can teach you the basics of stock investing

Note: You don't have buy the two books bc they are similar. Any one of them that you read will give you the basic info about the stock market

Thanks alot sir, I'll look for the books

nastynic:

Thanks alot sir, I'll look for the books

The intelligent investor by Benjamin Graham is a very good book.

CHARTS DO NOT LIE- THERE IS CURRENTLY BIG RISK IN THE NIGERIA MARKET
Review of the current postion of the Nigeria All Share Index Chart and charts of major equities is telling us that that there is a big headwind ahead in the market.

I cannot imaging the likes of MTNN, breaking to the downside and the same may apply to OKOMU OIL. Okomu oil may probably break to the downside, and if this happens, it may be a massive one for this stock.

This is not a time to be aggressive in buying stocks.

In investing best decision you can make is to follow someone that knows how to navigate the market. Reading one million books will be of very little assistance to you, someone with practical experience mentoring you is the best. Our daily report on what to do when market opens tommorow has been sent to our subscribers so that the can plan what to do when the market opens (there cannot be much surprise from the market for our subscribers, we even have a fair idea of what the likely earnings for the major equities will be? ) .

Wishing all, happy new Trading week.

Please, can someone help with the total amount of INTBREW unissued shares?

Airtel Dividend...
Received...
From LSE..
Its a high time SEC direct dividend
To be paid into investors broking account...
Dis process of E Dividend Mandate is stressful.....

AIRTEL
Kenya subsidiary acquired additional Spectrum costing $40m
https://doclib.ngxgroup.com/Financial_NewsDocs/36412_AIRTEL_AFRICA_PLC%20KENYA_SPECTRUM_ACQUISITION_KENYA_SPE.pdf

*Edited*

Any big breaks?

omg

I thought WAPCO was a darling, I am currently on a 12%+ loss

RabbiDoracle:


https://www.reuters.com/business/healthcare-pharmaceuticals/monkeypox-outbreak-constitutes-global-health-emergency-who-2022-07-23/


WHO has declared this a global health emergency.

Forecast remains same. See the sectors they want to crush. And see the sectors that could benefit.

Two things can happen :

(1) oil and other commodities crash as people panic and go indoors again as govt institutes another harsher lockdown.

(2) oil and other commodities don't crash as oil producers sell their commodities at their own high term and people don't go into lockdown. Other commodities rally to all time high.

In both cases, food remains sought after as you must eat to stay alive.

Lots of people are wearied by the lockdown and they could disobey this time ala Sri Lankan Style. This brings out another form of tighter control via electronic tagging, bank account restrictions, digital currencies (easier to know what you have and block your account once you are found in a questionable group of protesters), communication block etc.

You are not the cause of these events. So trade it.

So how do we trade it.
Please, what arbitrage opportunities will likely occur. ?

Should we start selling as the market will go down or look for money and buy more ?

Soooo, ZENITH reversed up today......much resistance to fall below 20.75 opening price....
Up with +0.95k to close @21.70......

GTCO: Much resistance to fall lower than 20.70......

UBA: The guys at 7.20 were able to get their fill today again........UBA sighted @7.10 thereafter.......

"NIGERIA IS NOT BROKE" SAYS BRF.....
https://www.google.com/amp/s/nairametrics.com/2022/07/25/nigeria-is-not-broke-fashola/%3famp=1

In another news, more Quarter 2, 2022 are released...
https://doclib.ngxgroup.com/Financial_NewsDocs/36425_FCMB_GROUP_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36413_ECOBANK_TRANSNATIONAL_INCORPORATED%20_QUARTER_2_%20_FINANC.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36424_BUA_CEMENT_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36421_ALUMINIUM_EXTRUSION_IND_PLC%20_QUARTER_2_%20_FINANCIAL_S.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36418_SFS_REAL_ESTATE_INVESTMENT_TRUST%20_QUARTER_2_%20_FINANCIA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36417_SECURE_ELECTRONIC_TECHNOLOGY_PLC%20_QUARTER_2_%20_FINANCIA.pdf

Willie2015:
Its a high time SEC direct dividend
To be paid into investors broking account...
Dis process of E Dividend Mandate is stressful.....

This will be a bit difficult and complicated IMO.

sidonlook:
I bought livestock @ 1.90 and I don't know what to do with the stock now @1.25.
* I need advice as I am loosing so much already.

I tried to check Livestock's Quarter 1, 2022 to see what could have gone wrong...........and then saw that Gross profit and Operating profit were good BUT Finance Cost chopped so much into the profit....
In "Note 10", finance cost was the interest paid on loan.......which was on the high side....
* Guess this was mostly responsible for the drop in share price, coupled with the downturn in the market. It is well o.

As it is now, if you sell, you'll be selling at huge loss, maybe you just "siddonlook" for now like my ogas said. Once it bottom and market is looking up, you may either average down OR, you wait to see what Q2 will bring to the table, d shedding may turn to price appreciation if Q2 is good.