₦airaland Forum

GeneralDae:
In terms of total stock market capitalisation (equities) in all of Africa:

1) South Africa - $1.17 trillion
2) Morocco - $100.1 Billion
3) Nigeria - $59.3 Billion

(As at close of trade yesterday and using official exchange rates)

GeneralDae:
Nigeria does over 20,000 MW actually but they are mostly off grid, so only 5000 MW is utilised from the grid (installed capacity 13000 MW). There is an extra off grid 19000 MW generation by other sources however, which the Government must make deliberate effort to integrate.
South Africa’s 45000 MW is still not good enough for them because they do a lot of mining.

Streetinvestor2:
I no get time to speak English. I have been in that stock like 15 yrs.
The results have never been impressive all this yrs Aiico has been in business since when I bought nem #1 plus.You can speak this English to newbies

emmanuelewumi:
Can you also compare their GDP with their stock market capitalization

Zagee:
Everything is embedded in power. We cannot wish our way out of this by skipping industrialization.

emmanuelewumi:
Can you also compare their GDP with their stock market capitalization

emmanuelewumi:
I thoughy Egypt used to be second after South Africa

emmanuelewumi:
Can you also compare their GDP with their stock market capitalization

zendi:
We have not forgotten how jealousy brought you and your Mecure here to compete with Loco.

And when you failed woefully, we became hypocrites.

You must apologize for your bad mouth, or Loco stock no go work for you.

IyaTola:
(rounded estimates from IMF and World Bank 2024 data)

Country Nominal GDP (USD, 2024)

South Africa ~$399 billion
Morocco ~$156 billion
Nigeria ~$252 billion

emmanuelewumi:
Can you also compare their GDP with their stock market capitalization

Locotrader:
Na like this you go dey mis this kind money.
How you take dey make money for stock bro?
Ellah no good and people cashed out.
Japaul no good,people cashed out
Ftn no good, people cashed out
Deap no good
Insurance stocks like Aiico wey go do another 100% from today's price no good kwa.....
No insurance good,haba........

Biko Nwanne m take am easy oooo

Zagee:
SA 45GW and expanding over 60% utilisation
Mor 11GW abd expanding with 100% utilisation
Nga 13GW and expanding with less than 30% utilisation

mikeapollo:
Wow.
Does it mean Nigerian companies are relatively low valued compared to S/A companies? Or there are more big time multinational companies listed on the SA exchange

mikeapollo:
When did Nigeria start generating 13,000MW?

faoogoke:
Loco CHAMS is on full bid!

Why Loco no come hollar us now?

rakish:
Got AIICO at 1.67 last month. Was getting frustrated with the slow pace in appreciation until of recent. Also got Universal Insurance 3 weeks ago based on its financial statements and outlook. I think Universal Insurance is an undervalued stock. Can some of the gurus here help us dissect Universal Insurance please?

megawealth01:
Those who dumped CI, DEAP, CADBURY, DS and a host of others because of the noise here una go soon sabi scores. I don't mind noise makers because making MONEY is an ART... You have to really invest in KNOWLEDGE then understand emotions management...

DYOR

Locotrader:
Never worry now.
Some will do 200%
Some 100%
Some 50%
The least will do 30%.

Na long bull for insurance.
Them go follow other stocks reprice as inflation hitted the country.

Can't you see uacn,Cadbury etc.

If insurance can't do N5 and above make I know wetin cause it

GeneralDae:
In terms of total stock market capitalisation (equities) in all of Africa:

1) South Africa - $1.17 trillion
2) Morocco - $100.1 Billion
3) Nigeria - $59.3 Billion

(As at close of trade yesterday and using official exchange rates)

Zagee:
SA 45GW and expanding over 60% utilisation
Mor 11GW abd expanding with 100% utilisation
Nga 13GW and expanding with less than 30% utilisation

Locotrader:
Na like this you go dey mis this kind money.
How you take dey make money for stock bro?
Ellah no good and people cashed out.
Japaul no good,people cashed out
Ftn no good, people cashed out
Deap no good
Insurance stocks like Aiico wey go do another 100% from today's price no good kwa.....
No insurance good,haba........

Biko Nwanne m take am easy oooo

aj8:
Who will insure the future 1 trillion economy?

The insurance company will rise to the task once restructuring/regulations/ethics and controls become right and the overall economy starts to make sense.

The industry is still not big enough. Can a baby look after an adult?

ojeysky:
DEAP has not moved though, and DS eh...that stock just needs patient funds. I know its time will come but before then i wish it can come down to sub 40 make i check something

aj8:
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m):

Exclusive: Insurance Reform Bill gets Presidential approval, industry to recapitalize — Daily Economy News https://dailyeconomy.ng/exclusive-insurance-reform-bill-gets-presidential-approval-industry-to-recapitalize/

Heading in the right direction.

ojeysky:
Normally naija should be second on the list.....god punish devaluation.

Streetinvestor2:
Yes oga Emma and sunrise don't make money from this junks you mentioned here.
Infact sunrise has made more money in sound stocks this yr than this junks even as a trader though I am not a trader. I sold most of my aiico at #1.70 and very happy whr I channelled the money. I will not touch any of those stock you mentioned with long pole,lol
For roylex is not a junk though I was not impressed with the H2 results. Remember when I called you attention to it then.You rejected it and I said I will pick it for my second jijo while you said you had a different stock in mind.
That I don't consider royalex as junk does not mean thr are no many junks still in insurance sector.Many H1 results of insurance are disappointing if you checked them
My problem with aiico has been the ceo and the OS.The ceo is cornering the company profits to himself..We have discussed that here in the past.That company is suppose to be at par with nem insurance now

GeneralDae:
I am even surprised that we could work our way back to 3rd easily in Africa despite suffering the worst devaluation in Africa since 2023, from 462 to 1530 (3.3 fold devaluation).

Put our currency at 900/$ now and we are automatically above Morocco at second. But as at January 2024, we were still officially at around 850/$.

Xidget:
@Aj8, Pls what is your common sense target for VERITASKAP

aj8:
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m):

Exclusive: Insurance Reform Bill gets Presidential approval, industry to recapitalize — Daily Economy News https://dailyeconomy.ng/exclusive-insurance-reform-bill-gets-presidential-approval-industry-to-recapitalize/ they are always recapitalising yet not heathy

Heading in the right direction.

SohSoh:
Lol

I sure say na because of Loco dem write say Ellah Lakes and Presco dey compete