₦airaland Forum

Thank you sir.

BullBearMkt:
I am pleased to share the Nigerian Exchange (NGX) 2024 Report, it provides insights into the outlook for 2025. The report primarily focuses on technical analysis, offering a detailed evaluation of market performance across various sectors throughout the year.

I hope you find it informative and beneficial. Please find the report via the link below:

https://drive.google.com/file/d/1awkzS7eWZRLuS7NBZcKIooXeA77E6n3b/view?usp=sharing

Streetinvestor2:
The guy risk appetite na different level. The 60% is what most microfinance bank charge. They collect 5% per month plus compounding when you fail to pay interest in any month. They be thieves with biro.And have away with police to intimidate you to recover back

Unlike UCAP where you don't make monthly payments, the supposed monthly payments can be invested in Money Market funds and earn over 20% pending the time the loan will be paid in 6 months time

I enjoyed your report.

Thank you

BullBearMkt:
I am pleased to share the Nigerian Exchange (NGX) 2024 Report, it provides insights into the outlook for 2025. The report primarily focuses on technical analysis, offering a detailed evaluation of market performance across various sectors throughout the year.

I hope you find it informative and beneficial. Please find the report via the link below:

https://drive.google.com/file/d/1awkzS7eWZRLuS7NBZcKIooXeA77E6n3b/view?usp=sharing

emmaodet:
I structure my loan in such a way my mutual fund will pay for it. So i am not worried about the payback.
Also, it is one of the few options convenient for me.
Most banks won't grant me loan because am not eligible for it since i don't work in nigeria and not under the list of accredited companies for employee loans.
I am not a full staff neither rather contractor, so it makes getting bank loans very hard.

I go message you make we talk about this margin loan and other things. Happy new year brother.

Regex:
I go message you make we talk about this margin loan and other things. Happy new year brother.

ok now.loco you dey see abi

Regex:
I go message you make we talk about this margin loan and other things. Happy new year brother.

No wahala bro.
Happy new year to you too

Locotrader:
60% p.a just to buy stock?
Well you can say this in a bear market

Yes. It's relatively cheaper.
I'm a trader in the market though. Not an investor. I mean I get c. 2000 X-Alert Notifications monthly.

emmanuelewumi:
What is the loan amount that charges 350k per month? If it is 5% monthly, the loan amount should be N7 million


They have one of the cheapest rates for loan. Do the Cost Benefit Analysis. UCAP loans at 30% per annum and the current 5% per month that you have been doing.


The mutual funds of UCAP is currently N1 Trillion, some few billion from it can be given to their Microfinance Bank at 28% so at 30% they have 2% margin

If it was even 5% it would have been much better. It's 7%.

I use a loan amount of N5m in my analogy.

It costs 350k monthly from Renmoney, it costs 122,500 from Ucee.

So Ucee is cheaper by about 230k.

However since I have to now move my portfolio to UCAP, my broker fees will become N1m compared to the current 500k at MCSE.

Streetinvestor2:
ok now.loco you dey see abi

No be for us nah

Streetinvestor2:
The guy risk appetite na different level. The 60% is what most microfinance bank charge. They collect 5% per month plus compounding when you fail to pay interest in any month. They be thieves with biro.And have away with police to intimidate you to recover back

Exactly, we all have different risk levels, although I grew mine with time sha. There was a time when I would keep money in NTB at 18% p.a.


The MFB I use though aren't that dramatic, the only call I ever get from them is call to top up.

awesomeJ:
If it was even 5% it would have been much better. It's 7%.

I use a loan amount of N5m in my analogy.

It costs 350k monthly from Renmoney, it costs 122,500 from Ucee.

So Ucee is cheaper by about 230k.

However since I have to now move my portfolio to UCAP, my broker fees will become N1m compared to the current 500k at MCSE.

Did you consider the fact that you are not expected to pay Ucee interest every month.

So that122k monthly interest payments can be invested in a Money Market fund till the loan matures.

How many times will you trade the N5 million in a month, you are really working for the stockbroker

awesomeJ:
If it was even 5% it would have been much better. It's 7%.

I use a loan amount of N5m in my analogy.

It costs 350k monthly from Renmoney, it costs 122,500 from Ucee.

So Ucee is cheaper by about 230k.

However since I have to now move my portfolio to UCAP, my broker fees will become N1m compared to the current 500k at MCSE.

I guess is not on ngx you play the game with that cost of fund.

emmanuelewumi:
Did you consider the fact that you are not expected to pay Ucee interest every month.

So that122k monthly interest payments can be invested in a Money Market fund till the loan matures.

How many times will you trade the N5 million in a month, you are really working for the stockbroker

True the 122k will still be useful, but that 500k fee is still the drag.

Huge volumes don't imply working for brokers.


I trade 100m and make 1.5% while my brokers make 0.5%.

Someone else claims he doesn't want to work for brokers, so he trades just N20m, loses 1% on the position, brokers still make their 0.5%


Who is really working for brokers here?

awesomeJ:
True the 122k will still be useful, but that 500k fee is still the drag.

Huge volumes don't imply working for brokers.


I trade 100m and make 1.5% while my brokers make 0.5%.

Someone else claims he doesn't want to work for brokers, so he trades just N20m, loses 1% on the position, brokers still make their 0.5%


Who is really working for brokers here?

You really need to give a breakdown of a typical buy and sell position before one actually think he is making a profit

Streetinvestor2:
I guess is not on ngx you play the game with that cost of fund.

NGX.

Apart from April 2024, I make more than 7% each month. So I'm good.


Ultimately though, I want to get it down to 5%, then for me, it will be a sort of asset management, where I get clients' funds indirectly through banks.

I've always wanted to own a fund that pays 5% guaranteed monthly, this way, I don't have to canvass for funds, and I can scale gradually.

Like what happens when I start doing N1bn or N10bn in trades monthly? Can I still make 1 to 1.5%?

emmanuelewumi:
You really need to give a breakdown of a typical buy and sell position before one actually think he is making a profit

When you add all other fees, it's over N1m monthly.

I think we both know that whoever pays this much in fees know what they're doing otherwise na straight to village 😁😁

awesomeJ:
NGX.

Apart from April 2024, I make more than 7% each month. So I'm good.


Ultimately though, I want to get it down to 5%, then for me, it will be a sort of asset management, where I get clients' funds indirectly through banks.

I've always wanted to own a fund that pays 5% guaranteed monthly, this way, I don't have to canvass for funds, and I can scale gradually.

Like what happens when I start doing N1bn or N10bn in trades monthly? Can I still make 1 to 1.5%?

On a loan of N5 million, how do you pay the principal apart from the monthly interest of 7%

emmanuelewumi:
On a loan of N5 million, how do you pay the principal apart from the monthly interest of 7%

Do you mean the payment schedule or the means to repay?

If the former? It repaid weekly on reducing balance, again Ucee outshines them here.

If the latter, I never count loans as my asset, it's the banks money. So long I make over 350k on it every month, I split the profit between us, and return the due portions of the principal.

Below maybe why the bull o insurance companies. Which insurance company or companies are going to benefit from these?

https://nairametrics.com/2025/01/04/2025-budget-fg-allocates-n17-3-billion-for-group-life-assurance-cover-for-mdas-corpers-others/

https://nairametrics.com/2025/01/04/2025-budget-fg-votes-n12-4-billion-to-insure-sensitive-assets/

Okay, last comment on this before I begin charge you tuition... You're struggling because you're dismissing this real vs nominal GDP thing as "theories" or "jargon." It's not. Na de koko be dat.

Let's assume cocoa exported from Naija sells for $10k per ton in both 2023 and 2024. Let's further assume 1 USD was N1,000 in 2023 but N2,000 in 2024, due to devaluation.

2023:
Exported 10 tons @$10k = $100k
Nominal GDP contribution = $100k*1000 = N100 million

2024:
Exported the same 10 tons @$10k = $100k
Nominal GDP contribution = $100k*2000 = N200 million

So nominal GDP is showing a massive 100% GDP growth from N100m to 200m. Yippee! But we all know actual output hasn't increased. Na the same 10 tons of cocoa exported in both years, and the same price per ton. So real GDP growth is zero. Odo. Nada.

Bottom line: When someone tells you about GDP, ask them which GDP they're talking about.

awesomeJ:
Let's leave some of the theories,.

... Leave real or nominal jargon.

Could you please address the reason why GDP being the value of goods and services isn't quite showing the current value of those goods and services.

emmaodet:
I structure my loan in such a way my mutual fund will pay for it. So i am not worried about the payback.
Also, it is one of the few options convenient for me.
Most banks won't grant me loan because am not eligible for it since i don't work in nigeria and not under the list of accredited companies for employee loans.
I am not a full staff neither rather contractor, so it makes getting bank loans very hard.

I will advise you join a reputable cooperative, deposit some funds and collect at least x3 of your deposit as loan at 7% per annum interest at most. The interest you guys are paying on these loans is killing man.

Heishere:
I will advise you join a reputable cooperative, deposit some funds and collect at least x3 of your deposit as loan at 7% per annum interest at most. The interest you guys are paying on these loans is killing man.

Can cooperative give him up to N100 million, do you consider the bureaucracy of cooperative as per being unable to give out loans because they have given out loans compared to this one whereby your account with be funded between 48 hours to 72 hours after application.

BullBearMkt:
I am pleased to share the Nigerian Exchange (NGX) 2024 Report, it provides insights into the outlook for 2025. The report primarily focuses on technical analysis, offering a detailed evaluation of market performance across various sectors throughout the year.

I hope you find it informative and beneficial. Please find the report via the link below:

https://drive.google.com/file/d/1awkzS7eWZRLuS7NBZcKIooXeA77E6n3b/view?usp=sharing

This is a brilliant NGX end of year report which provides information on TA. Thanks for sharing this and have a great 2025 ahead.

Heishere:
I will advise you join a reputable cooperative, deposit some funds and collect at least x3 of your deposit as loan at 7% per annum interest at most. The interest you guys are paying on these loans is killing man.

I am in a cooperative, but it is not as flexible as ucee loan.
Firstly, they don't have the loan capacity i will need.
Monthly paying back is chocking unlike bullet payment after 6 months with Ucee allowing me to invest it better.
They require sometimes guarantors or surety unlike Ucee that requires no collateral or guarantors
You can't rollover cooperative money without leading to embarrassment or disgrace while you can rollover and payback Ucee for like 3 years

zendi:
Is Airtel Starlink distributor too.?
I know of MTN which is of same SA root with Elon.

You have not seen unlimited money until the arrival of Starlink-Direct-to-Smartphone Service which will be rolled out in Nigeria by these two companies.

Don't see this happening in Nigeria anytime soon. The risks currently far outweigh the benefits. From the way it is setup traffic is first sent and processed on Starlink base in the US before being forwarded to the telcos. Not only will there be a lag time, there will be data privacy issues and loss of signal during bad weather conditions.

emmanuelewumi:
Can cooperative give him up to N100 million, do you consider the bureaucracy of cooperative as per being unable to give out loans because they have given out loans compared to this one whereby your account with be funded between 48 hours to 72 hours after application.

Sure. Depending on certain conditions and the size of the cooperative. The draw back is time of processing for such amount. But with the amount he borrowed from UCAP it is possible within that timeline.

BullBearMkt:
I am pleased to share the Nigerian Exchange (NGX) 2024 Report, it provides insights into the outlook for 2025. The report primarily focuses on technical analysis, offering a detailed evaluation of market performance across various sectors throughout the year.

I hope you find it informative and beneficial. Please find the report via the link below:

https://drive.google.com/file/d/1awkzS7eWZRLuS7NBZcKIooXeA77E6n3b/view?usp=sharing

Thank you

emmaodet:
I am in a cooperative, but it is not as flexible as ucee loan.
Firstly, they don't have the loan capacity i will need.
Monthly paying back is chocking unlike bullet payment after 6 months with Ucee allowing me to invest it better.
They require sometimes guarantors or surety unlike Ucee that requires no collateral or guarantors
You can't rollover cooperative money without leading to embarrassment or disgrace while you can rollover and payback Ucee for like 3 years

I get your point. For me I prefer it than these high interest loans. I can't pay that much on interest. Best of luck to you though.

Audacius:
IN-HOUSE DICTIONARY OF ACRONYMS



NSEMPA: Nigeria Stock Exchange Market Pick Alerts – Name of the thread.

FA: Fundamental Analysis – Stock analysis done with fundamentals of a stock such as financial statements and other economic indicators.

TA: Technical Analysis – Stock analysis done with using some technical tools and charts.

GA: Gut Analysis – From claims of having “gut feelings” about how a stock will move.

SA: Spiritual or Sentimental Analysis – From sentimental attachment to a stock and claims of spiritual insight into the future of a stock.

MH: Monkey hunting/ Monkey hunter – An allegation/accusation that a stock is being manipulated either by calls to buy or sell off. The "monkey hunter" then profits by buying more or selling off their holdings when prices move in their favour.
Background: From story of a businessman who goes to a village to buy monkeys. He buys at different intervals at ever higher prices thus creating a market for monkeys along with artificial scarcity. He ends up selling off all the monkeys back to the villagers who hoped there will always be market for monkey sale. He disappears after selling at the highest price and all the villagers had monkeys with no one to sell to, losing all their money in the bid. Author of the real story unknown. It is posted here once in a while.

SMN: stockmarketnewsnigeria [dot] com. A now-defunct website exclusively created for stock discussions like here. Was probably owned by owners of Nairaland.

Cowboys: CEOs of notable companies who are considered to display manipulative business tactics.

One Afolabi Unit: 2,000 units of any stock.
Background: I can’t recall. Someone should kindly provide the story behind the “Afolabi units” term.

JIJO: Jump in, Jump out. Term used by traders. Means buying a stock and selling at the very shortest term especially as soon as it makes some gains.

Tashere Units: Very few numbers of shares bought or left unsold. Amount depends on the person. Such shares are either bought or left in the portfolio to have a "foot in the door”, e.g. so as not to have to process e-dividend all over again or just to see how the stock will perform.

Loot: A gloating or bragging term for large profit from short term trade. A jackpot from JIJO. (As described by @Zendi)

Bull from Burundi: A way to describe noticeable general rise in the prices of stocks. An apparent play on the words bull and Burundi.

NOTA BENE
- Some of these are standard investment terminologies (FA, TA), others grew out of constant conversations and banters and created by members here or brought from SMN. I cannot recall who started using what term. All rights reserved to them.
- This compilation is just a contribution to render this thread easier to understand for new readers. It will be reposted maybe monthly or quarterly to aid new readers. Kindly correct, modify, clarify and add.

Thanks.

BNSITL : Brothers 'nd Sisters In The Lord.

Market Sharks :

Men In Black :

Find some Nsempa veterans to help us decode these last two. But by the sheer sound of their titles, one should know they are dangerous, shadowy entities one should beware of when swimming, dealing in the Stock Market.

HesInMe:
Okay, last comment on this before I begin charge you tuition... You're struggling because you're dismissing this real vs nominal GDP thing as "theories" or "jargon." It's not. Na de koko be dat.

Let's assume cocoa exported from Naija sells for $10k per ton in both 2023 and 2024. Let's further assume 1 USD was N1,000 in 2023 but N2,000 in 2024, due to devaluation.

2023:
Exported 10 tons @$10k = $100k
Nominal GDP contribution = $100k*1000 = N100 million

2024:
Exported the same 10 tons @$10k = $100k
Nominal GDP contribution = $100k*2000 = N200 million

So nominal GDP is showing a massive 100% GDP growth from N100m to 200m. Yippee! But we all know actual output hasn't increased. Na the same 10 tons of cocoa exported in both years, and the same price per ton. So real GDP growth is zero. Odo. Nada.

Bottom line: When someone tells you about GDP, ask them which GDP they're talking about.

Tution? I'm sure if anyone has learned from the other here, you're the learner.

Is GDP a measure of the quantity of goods produced or a measure of the value?.

Get your points to be coherent na, you don't have to comment if you're not knowledgeable about something.


You yourself gave an analogy that shows the value has increased from N100m to N200m but you claim since the quantity didn't increase from 10,000 tonnes then no GDP growth.

Come on na, no be value be GDP again, have they changed the definition to quantity?


As long as you understand that the value should be showing N200m from the old N100m, you've gotten my point. What you should explain if you have an answer is why NBS is showing the value as N110m.

Heishere:
Sure. Depending on certain conditions and the size of the cooperative. The draw back is time of processing for such amount. But with the amount he borrowed from UCAP it is possible within that timeline.

I am not bothered about interest rates or stockbrokers commissions when I am making over 20% per annum using other people's money


Cooperative also involves making monthly payments.


Cooperative also considers your salaries, there are people making twice, thrice and above of their salaries from their Investment income

HesInMe:
Stockbrokers calling for an endless bull market -- when the market is near all-time highs... Easy, high-interest margin loans for investing in stocks.... A frenzy in penny stocks trading. I'm getting PTSD flashbacks.

Be fearful when others are greedy.

Bulls Make Money, Bears Make Money, Pigs Get Slaughtered