Nigerian Equities Surpass South Korea To Become Top-Performing Market - Investment (2) - Nairaland
Nairaland Forum › Nairaland General › Investment › Nigerian Equities Surpass South Korea To Become Top-Performing Market (4061 Views)
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by yorosstores: 10:03am On Jul 10 |
Only investors will understand this. Kudos to Tinubu. If you wise go and open CSCS account and invest no matter how little. Even N5,000 is fine. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by yorosstores: 10:07am On Jul 10 |
Gotocourt:You are right. I invested N250k jokingly in January. Bought GTB shares. Surprisingly got paid N25k dividends in Feb and my original investment has grown to over 300k. Now imagine those inventing millions. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Basic123: 10:13am On Jul 10 |
Gotocourt:Mine..was dangote cement and fidson. My stocks doubled in value within 6mths. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Irony1: 10:18am On Jul 10 |
Cajal:We are doing badly. The fact that equities in Nigeria are priced at a premium shows that we are a top destination for hot money, the kind of money that we need for growth and job creation is not what they want to bring in Nigeria. Hot money will simply put more pressure on our external reserves. This is what EBS said recently that our focus on Hot money will put pressure on external reserves. The Nigerian equities we are rejoicing about are actually debts that will put pressure on our external reserves. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Irony1: 10:19am On Jul 10 |
yorosstores:It is not kudos to Tinubu stop lying to people here. Hot money is simply funds used to purchase equities(Stocks, bonds and Tbills) these are like taking a future debt with interest. These thing put pressure on our external reserves especially when they mature. Make una fear God. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Irony1: 10:22am On Jul 10 |
yorosstores:That is still a bubble building up in stocks if there is massive pressure on the external reserves like a sudden payment for bond issuance done years ago like a Eurobonds, that sends shock waves that force people to sell off stock. Again your claim of being paid 25k from buying GTB shares of 250k is pure lies. Even MTN cannot pay a massive 25k dividend on 250k naira worth of shares. If you want us to believe you, tell us the dividend payout rate and the number of shares you had. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Blessedkingg: 10:23am On Jul 10 |
More Lamba....😁, Walahi failure na very wicked word... |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by yorosstores: 10:56am On Jul 10*. Modified: 11:24am On Jul 10 |
Irony1:Okay sorry. I'll give you the figures and proof. I'd just checked them up. I invested 200k through Bamboo app. Bought GTB shares worth 199k. Got dividends of 22k in April. You want proof , here you go. Now imagine I invested millions. I'm just waiting for my fixed deposit to mature, and I'll move it all to investment. My current portfolio is now worth N265k on bamboo from the 200k Investment in January and I don chop 22k. If you like keep doubting
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| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Ibehchizzy: 11:00am On Jul 10 |
Cajal:una dn Dey swallow and chop this statistics like zone bs🤣🤣🤣 |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Irony1: 11:18am On Jul 10 |
yorosstores: well done for your shares but it is not a reflection of a booming economy. The boom in Nigeria share market is because of the influx of hot money following the high coupon rates on Nigerian financial instruments like the Eurobonds and Savings bond. That demand is filtering into the stock market. That is why I tell you this is a bubble building and it is not real |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by aspabay(m): 11:21am On Jul 10 |
Irony1:I just went through your comments on NL and realised you are an unrepentant pessimist. Those engaging you are wasting their time. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by yorosstores: 11:27am On Jul 10 |
Irony1:At first you said I lied. I gave you facts, now you are telling me it's not enough. Hot or cold money, it's all fund movement and it's good for the economy. investors no dey put money where dem no see future. The stock market dey rise because many companies dey post better results and investors get confidence say things fit improve. No be every market rally be bubble. Sometimes, na market dey price in better economic prospects before the real economy catch up. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by yorosstores: 11:30am On Jul 10 |
aspabay:I know right. People like that live bitter lives. No matter whom we support, we must acknowledge when good things happen. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Irony1: 11:32am On Jul 10 |
yorosstores:You still don't seem to get it. It is not good for the economy especially an economy ravaged by high inflation and low productivity. Hot money is worsening the situation and real economy cannot catch up at this rate. If the coupon rate of your country's financial instruments is damn too high then it is a strong indication of inflation. Even the US and UK cannot have high coupon rates for their own financial instruments, because they don't want funds that just come and go with the whim they want money that stays and grows the economy. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Irony1: 11:33am On Jul 10 |
aspabay:Don't be dense boy. I am a realist I don't do this nonsense you guys are doing. You have to say the truth. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Irony1: 11:35am On Jul 10 |
yorosstores:See bro from my statements on the equities you have seen that I am no small person when it comes to this. You invested 250k which is paltry sum this shows ideally you are no where near me as a person I have more than 18 year experience in the financial services sector so when I tell you something it is from clear perspective and when a professional sounds warning like this you should think. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by yorosstores: 11:50am On Jul 10 |
Irony1:Ok. Like someone said earlier, there is no point engaging you. I invested 250k because I'd not used bamboo before. I just gave it a trial. You want me to come here to tell you my entire portfolio or net worth? I'm no chest beater and been doing investment for over 20 years. I no be small pikin. Bye. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by freakyavia: 12:03pm On Jul 10 |
just checked this is a bloody lie |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by HisaacPlus: 12:34pm On Jul 10 |
Sheuns:Sad-u-see is pained. The Agbotikuyos are tormented |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Irony1: 12:40pm On Jul 10 |
yorosstores:Bro stop trying to lie you are rookies investor someone investing for over 20years doesn't put pittance amounts stop trying to one up me. You are using Bamboo that alone tells me you are a GenZ |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Strafudeenwife: 1:44pm On Jul 10 |
deja vu back in the day that was how they hyped the NSE until I invested and lost....I will never invest in the Nigerian stock market Gotocourt: |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by wellmax(m): 2:19pm On Jul 10 |
Irony1:ok |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Emmanuel602(m): 2:27pm On Jul 10 |
Makamatic:Far from that baba. Men are quietly printing money on NXG, i am a person witness. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Makamatic: 3:22pm On Jul 10 |
Emmanuel602:Lol . Go and print the money na . |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Vision101(m): 4:03pm On Jul 10 |
Skyfornia:Be smart and stop complaining. People are taking up the opportunities. Blame wouldn't change anything for you. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Vision101(m): 4:06pm On Jul 10 |
LordLicifer:You didn't understand the report. Say the truth. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by LordLicifer(m): 5:01pm On Jul 10 |
Vision101:You are allowed to understand it how you want and i am allowed to understand it how i want just because i removed all the jargonised words and made it easy for myself to understand? |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by anonimi: 6:16pm On Jul 10 |
Cajal:When did Tinubu become his supporter ![]() anonimi: |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Sheuns(m): 9:12am On Jul 11 |
Image123:You don’t even know what market cap is. |
| Re: Nigerian Equities Surpass South Korea To Become Top-Performing Market by Image123(m): 9:14am On Jul 11 |
Sheuns:i don't need to know, Bloomberg knows na. |
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