yMcy56:
ACCESS
At long last ooo.......KM 13...

UBA @10..

ACCESS has left UBA behind.

It is now ACCESS and FBNH.

UBA ti lole

OBAGADAFFI:
ACCESS has left UBA behind.
It is now ACCESS and FBNH.
UBA ti lole

Lol.
Maybe UBA prefer F/F caucus...could be waiting for Fidelity..
Let's see if it will rise up to the challenges in coming days......

ACCESS reached my preferred point of first call .... 13, we'll see if it can attain the 2nd, @15....

I just registered

OBAGADAFFI:


You trade on AFEX

megawealth01:


Jegede plc

we'll see how far it goes this time. BTW why are you hiding this one sister Mercy

If there is a chart, it can be traded.

The fundamental folks will need to check their usual macro conditions, inflation etc.

BullBearMkt:

Don't let me discourage anyone pls. Feel free to go with the flow.
My concerns may have minimal effects on good traders.
Best of luck!!!

This is tantamount to saying, people in diaspora shouldn't trade on the NSE because it is priced in Naira.

Arbitrage is a thing

BullBearMkt:

...made it even worse.

veecovee:

we'll see how far it goes this time. BTW why are you hiding this one sister Mercy

Not hiding it Pastor.
I've been mentioning it before it started moving......
Just not mentioning it now so it doesn't look like monkey hunting.

Btw, @thesilentone banned again by b.o.t. Sorry o.

Where or how do you register on AFEX? Does that mean there will be no need to now use Morgan if one registers on AFEX?

thesilentone:
I just registered

yMcy56:

Lol.
Maybe UBA prefer F/F caucus...could be waiting for Fidelity..
Let's see if it will rise up to the challenges in coming days......

ACCESS reached my preferred point of first call .... 13, we'll see if it can attain the 2nd, @15....

If Fidelity meets UBA an wahala be dat o

ojesymsym:
Where or how do you register on AFEX? Does that mean there will be no need to now use Morgan if one registers on AFEX?

You don't need Morgan to trade on Afex.

AFEX has a training Portal
https://comx.afexnigeria.com/sign-up

yMcy56:

Not hiding it Pastor.
I've been mentioning it before it started moving......
Just not mentioning it now so it doesn't look like monkey hunting.

Btw, @thesilentone banned again by b.o.t. Sorry o.

The hands that are buying japaul are too strong. The stock is not behaving like other penny stocks

Uba still closed at 9.95. juju stock.

aremso:
Uba still closed at 9.95. juju stock.

Na so all Tony companies dey do.

Even Transcorp didn't move until Femi started buying.

veecovee:

The hands that are buying japaul are too strong. The stock is not behaving like other penny stocks

Japaul has broken the 52wks high.
It's all about break out.

Wait till next week and see chams heading to 100% from 0.24kobo it started.

Good to see you doing kobo stock.
These 2 stocks are well approved by senior members.Enjoy your ride bro

aremso:
Uba still closed at 9.95. juju stock.

Very soon I will knock at peters door.
Next time he will not carry UBA for head.

yMcy56:

Not hiding it Pastor.
I've been mentioning it before it started moving......
Just not mentioning it now so it doesn't look like monkey hunting.

Btw, @thesilentone banned again by b.o.t. Sorry o.

You didn't see that NSLTECH coming.
Seems it's ressurrecting.
I bought Tasere units without checking the results.
I will offload the tasere units very hot to avoid pregnancy.

Btw I bought 1m units of unity bank at 52 kobo last week sighting the Q1 results.Regreted not making it dozen......

Stocks don finish for market.
Very soon na to begin push those Jideflash and unity capital, Daarcom,omatek stocks with care fulness

Then the end will come.Oso Abiola

thesilentone:
This is tantamount to saying, people in diaspora shouldn't trade on the NSE because it is priced in Naira.

Arbitrage is a thing

@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.

locodemy:
Stocks don finish for market.
Very soon na to begin push those Jideflash and unity capital, Daarcom,omatek stocks with care fulness

Then the end will come.Oso Abiola

Are you the one pushing Omatek and buying TANTALIZER??
Better watch those stocks if you don't have solid reasons for buying.

As for Japaul, I'd searched and highlighted positive areas and possible factors that can make it toast of investors either now or in near future.
Financial wise, Japaul has good biz/ has been delivering good results and, with the new govt, things will most likely turn around for good for the Coy. Etc.

CHAMS also. Well positioned as Fintech Coy.

FTN COCOA: Future looking bright. Even read one article whereby the House urged the Fed Govt to support Cocoa farmers.

Try and check on others as well to be sure of what you're buying.
Anyone buying Daarcoms, my hand no dey o.
**Just my opinion. DD applies**

aremso:
Uba still closed at 9.95. juju stock.

...with patience it will gradually get to its fair value of 13.20 (from my calc)

BullBearMkt:

...with patience it will gradually get to its fair value of 13.20 (from my calc)

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.

yMcy56:

Are you the one pushing Omatek and buying TANTALIZER??
Better watch those stocks if you don't have solid reasons for buying.

As for Japaul, I'd searched and highlighted positive areas and possible factors that can make it toast of investors either now or in near future.
Financial wise, Japaul has good biz/ has been delivering good results and, with the new govt, things will most likely turn around for good for the Coy. Etc.

CHAMS also. Well positioned as Fintech Coy.

FTN COCOA: Future looking bright. Even read one article whereby the House urged the Fed Govt to support Cocoa farmers.

Try and check on others as well to be sure of what you're buying.
Anyone buying Daarcoms, my hand no dey o.
**Just my opinion. DD applies**

Looking bright if BAT administration will support them else they are on their own too think the company is somewhere in Oyo state and have passed the front of the place before if am not wrong, the look of the place alone with not give strong mind to near it. Just my view anyway. Make the money irrespective of the look of the company

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.

Sometimes I feel like I write too much, so I limit my posts. I am a naturally quiet person.

I wanted to reply with the same premise as yours. The fees will include exchange rates, Morgan's, and the direct brokers. Unless you are a very skilled trader, the fees will hurt you more. My thoughts.

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.

Everyone is talking about a global financial crisis. My question is, since it is global, will it start in Nigeria ni? Won't it first manifest in foreign markets before we feel the effects here?

That is how one particular individual is always posting about a generational low. Will this low start with the Nigerian markets ni? I am confused o.

ositadima1:


Everyone is talking about a global financial crisis. My question is, since it is global, will it start in Nigeria ni? Won't it first manifest in foreign markets before we feel the effects here?

That is how one particular individual is always posting about a generational low. Will this low start with the Nigerian markets ni? I am confused o.

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

yeddy99:

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

The generational low might just be a wishful thinking. We may never experienced that again. The truth of the matter is that LPI are well positioned in the market.
The best those that anticipate generational low can see is Volatility of +/_ 5% in the course of which most stocks with good fundamentals will attain generational high value that would be grater than the best of 2017.

yeddy99:

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

Borrowing is not my thing. I would rather manage the little I have than borrow. It is my personal philosophy.

However, if Zenith Bank's stock price goes back to 11, I will take out multiple loans, big time.

ositadima1:


Borrowing is not my thing. I would rather manage the little I have than borrow. It is my personal philosophy.

However, if Zenith Bank's stock price goes back to 11, I will take out multiple loans, big time.

N11 is a bit high. Make it N5. That would be a generational low.

GreatEko:


N11 is a bit high. Make it N5. That would be a generational low.

You go Wait tire.

Even in COVID Zenith didn't fall to N5.

OBAGADAFFI:


You go Wait tire.

Even in COVID Zenith didn't fall to N5.

I think by Rabbi's definition of a generational low, ZB at N5 should qualify as one.

Note: I am 100% invested in the market and of course wouldn't mind buying more at generational lows.