TLAX:


Yes..at current price it will be less than 5%... But some people's Av. Cost for GTB is still in the range of N20/share.

Ok...that is Dividend yield on Cost.

tritritri:


Boss making money no dey tire U?

i never get half of the kind money in your possession.

i need to double my hustle

RabbiDoracle:


Bros leave that story. There are signs for you to leave. Making money comes with euphoria. Yiu are varied away by the euphoria and noise of rise and forget to leave. Don't listen to the gbedu in the bus; just put your head outside and be looking for your bus stop.

I told people that I have gotten to Sokoto and you guys can continue to Libya. This is a calculated exit considering many parameters.

Gbam !! ...Frankly u just spoke my mind boss.
...same thing I've always said; ...1st, know what u want and why u want it. ...next have a PLAN and STICK TO IT.
Q.E.D

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/20724_COURTEVILLE_BUSINESS_SOLUTIONS_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf

we need monday 29th come quick quick

currentprice:


i never get half of the kind money in your possession.

i need to double my hustle

ANything to be worried abt on the tension in Aso rock ?

stocks with new 52 week highs
dangote sugar #22.01k
seplat 692.58k

Intendy:
stocks with new 52 week highs

dangote sugar #22.01k

seplat 692.58k

So we still get new 52 Week highs with all the bear talk

Intendy:
stocks with new 52 week highs

dangote sugar #22.01k

seplat 692.58k

@intendy. it seems you are just waking up from sleep, which kind joke is this? Just 2 stocks on your list, take time o and don't repeat this tomorrow or else we shall blow the whistle for EFCC to come and check under your pillow.

robobo:


Good Job

however i sincerely doubt if UCAP can pay up to 55k for 2017FY. the 50k that was paid last year was partly due to exceptional item of the insurance arm sold. to even equalize the 50k of last year might require them paying as high as 80% of annualised profit of result as at q3. i think it shld be more in d region of 35 - 45k which shld still give upper single digit / lower double digit DY as at today price.

pls note im heavy here and just doing a reality check of my expectations & not a buy or sell recomm

I am with you here :
I don't see how ucap will pay more than 45k here.
APR too might not pay more than 40k.
NASCON will most likely pay more than 80k, I think they can do N1.00

pluto09:


I am with you here : I don't see how ucap will pay more than 45k here. APR too might not pay more than 40k. NASCON will most likely pay more than 80k, I think they can do N1.00

Na that #1.00 go pay them o.

@ogas pluto09 and Kolaish too much writing they bring lie o.
Na wetin Ifa talk we go say.

Bianco1:


https://www.vanguardngr.com/2018/01/niger-delta-militants-list-key-oil-assets-targeted-destruction/

Too many wahala that can affect the market keeps showing up every day!

I hope they don't frighten the FPIs as well.
This Naija dey tire person one step forward two steps backward....imagine another quit notice talk!!!

I have said it before that the country risk is too high and disincentive to investment. A little threat from ND avengers is enough to truncate the bull ride..This should be a concern for anybody planning to hold stocks for long term in the midst of heightened uncertainties everywhere...Yours truly is watching the situation keenly as might have to pull out from the market for safety.

Coolcash1:
To those who feel buying and holding stocks for long like our fathers did need to have a rethink. This is because most of the stocks were bought at very cheap prices, management of those companies were committed to the growth of the organisation and not people after pecuniary gains, macro economic stability was there at the time i.e exchange rate was strong, government created the right policies and environment for businesses to thrive, friendly socio-political climate and so on.

Due to these favourable factors and also sound corporate governance, most of them were at ease committing their hard earned resources into the future of these companies.

Now things have changed! Most of those variables that encouraged them to hold are now almost if not totally gone. [b]The country risk is now higher. For instance, a threat from the niger delta Avengers now is enough to scuttle the ongoing bull in the market. [/b]Also, we see a lot of financial shenanigans being played now by corporate executives such that when the bubble bursts it can send the company to the undertaker and investors money is wiped off. I can go on and on...

Therefore, it is unwise now a days to believe you can buy and hold forever or very long time. Constant monitoring of one's investment is germane now. It's best to do periodic portfolio review so as not to be caught in the web of our papas medieval investment style..

My take.

The pull back is almost over but I wish I can get more of diamond at -10 tomorrow.

I am inclined to believe that the current downturn we are witnessing in the market today is 80% hinged on the fact that the monetary policy committee meeting did not hold.
...because as far as I know, there has'nt been absolutely any other key pointer to this effect.
some might suggest the treat by the NDAs, but the effect here is'nt yet key because for now, it remains only a treat.
Need I also remind us that these FPI folks are not stupid. ...and the last time I checked, they never joke with the issue of cooperate governance especially in this clime.
...They saw some huge opputunities here, came in in their droves. ...they were buying into some select coys with the intention of buying more (I can well attest to this fact).
...But with our foreign brothers, there's always an eye for the happenings around the monetary circle.
...because that's the circle that would determine how easy it would be for them to bring in or repatriate their funds.
...and so when the MPC meeting was put on hold, some of our Foreign brothers also had to put their activities on hold.
...and ur guess is as good as mine on what would be the likely effect on the NSE bourse.

That said, I believe the bulls will return on or before the close of market on Monday. (...I already stated here that this bear trend will not exceed the next 2 trading days). ...For soon, the land will be GREEN again.

...For Mr TIME shall see to this !!

#BELIEVE

Mpeace:
The pull back is almost over but I wish I can get more of diamond at -10 tomorrow.

Kidnapper!

mendes911:


Chief, there's something they call IGG. You may ask Oracle for the meaning.

We will know more on these stocks after tomorrow/next week. This doesn't reflect any recommendation of any sort. Am heavy on cash but yet to recommend anything for myself. So make nobody follow follow me.

IGG = I Get Guts

Intendy:
@ogas pluto09 and Kolaish too much writing they bring lie o.

Na wetin Ifa talk we go say.

PETERiCHY:
Some are quietly making money while others are busy making noise.

Next support for Transcorp around N1:70k region.

it's quite a pity that alot of stocks has gone with Janet.


*ThE OcToPuS*

Stop wasting our space.

Intendy:
stocks with new 52 week highs

dangote sugar #22.01k

seplat 692.58k

If na play stop am ooooo

currentprice:
when you said oil is going to end $70 today i understand you knew of the news by 3.30pm which plan to trigger the price upward

still waiting for your oil trades thread. Would be happy to follow up

onegentleguy:
I am inclined to believe that the current downturn we are witnessing in the market today is 80% hinged on the fact that the monetary policy committee meeting did not hold.
...because as far as I know, there has'nt been absolutely any other key pointer to this effect.
some might suggest the treat by the NDAs, but the effect here is'nt yet key because for now, it remains only a treat.
Need I also remind us that these FPI folks are not stupid. ...and the last time I checked, they never joke with the issue of cooperate governance especially in this clime.
...They saw some huge opputunities here, came in in their droves. ...they were buying into some select coys with the intention of buying more (I can well attest to this fact).
...But with our foreign brothers, there's always an eye for the happenings around the monetary circle.
...because that's the circle that would determine how easy it would be for them to bring in or repatriate their funds.
...and so when the MPC meeting was put on hold, some of our Foreign brothers also had to put their activities on hold.
...and ur guess is as good as mine on what would be the likely effect on the NSE bourse.

That said, I believe the bulls will return on or before the close of market on Monday. (...I already stated here that this bear trend will not exceed the next 2 trading days). ...For soon, the land will be GREEN again.

...For Mr TIME shall see to this !!

#BELIEVE

Are we also considering the fact that Companies Results have started coming out and a good number of traders would like to wait for results of stocks of interest before deciding future alignment?
Do you think this factor is not important?

Peter Lynch is undoubtedly one of the best investors of all time. Most of us are familiar with his best selling book "One Up on Wall Street." However, there’s still very limited information about Lynch because he rarely gives interviews and talks. Thus, you can imagine the great joy I had when I bumped into Peter Lynch’s 1987 letter to Megellan’s shareholders from a very old OID issue. Below are excerpts of the letter from the December 1987 OID issue. I hope you'll enjoy.

Underperformance in bear markets:

There have been eight periods over the last decade when Magellan Fund has experienced a decline in share price ranging from 10% to 30%. In each of the past eight declines, Magellan’s share price has fallen more than the general market, and this pattern was true again in October’s steep drop.

The reason for Black Monday:

Stock markets move on the anticipation of events. In 1982 the advance began on the anticipation of an improvement in inflation, interest rates and corporate profits. The 1987 collapse was just the reverse. When the prime rate headed up, and the dollar began to fall sharply, investors began to worry about a recurrence of inflation and a recession in 1988. The seven week decline from August 1987 to October 19 caused several major participants in the market to reconsider their commitments to stocks. Individuals borrowing on margin had to sell to maintain their margin requirements. Foreign investors sold on fears of a further sharp decline in the dollar. Investment advisors told their customers to cut back or eliminated their stock holdings. Equity mutual fund redemptions added to the selling pressure. Portfolio insurance techniques used by large investors and pension funds in recent years, triggered heavy selling by these investors. Finally, program trading – simultaneous selling of market futures and individual securities, was a negative factor. In summary, as all these factors came together, a stock market that had rapidly advanced 1000 points in eleven months gave back the entire 1000 points in six weeks – with half of it in a single day.

SPy 30-Year Financial Data
The intrinsic value of SPy
Peter Lynch Chart of SPy

No feeling for the direction of the market:

Over the next few months the market will quite volatile with substantial ups and downs If the market falls sharply again, Magellan will also have a major decline.I have no feeling for the direction of the market over the near term, or the next three to twelve months-and that has always been my position. All of the great advances and declines of the past twenty years have been surprises to me. However, I am optimistic about the next five to ten years.

Positives:

Baring a recession, which probably would last nine to twelve months, the outlook for corporate profits is excellent. Cost-cuting started in troubled industries such as automobiles and steel, but the effort now has spread to all forms of manufacturing such as fields as banking, transportation, health care, insurance, foods, retailing, and many others. Further cost savings are coming from enhanced productivity and firms are working very hard to improve the quality of their products and services with more emphasis on research and development. Prior to the sharp October decline in the market, the U.S. economy was really beginning to pick up steam. The improvement was led by a surge in industrial activity, which more than offset relatively restrained consumer spending on housing, autos and apparel. Third quarter GDP figures reflected some of the best gains in a long time.

Cost cutting + lower dollar = world class competition:

Many industries that have suffered depression conditions in the last three to five years such as metals, electronics, energy, energy services, and paper and forest products are improving. In many cases they have become world class competitors through a combination of cost-cutting and the lower dollar. Even if 1988 brings an economic downturn, American industry should be in a better position to weather the effects than it has been in the past because capacity has been reduced and expansions have been much more limited.

Stock purchases at unprecedented levels:

The market correction and the decline in the dollar have made American companies even more attractive for acquisitions by large foreign firms. Stock repurchasing by U.S. corporations, as well as individual purchases by their managers, is now at unprecedented levels.

Lower rates a plus:

The sharp drop in the stock market has been accompanied by a 10%-15% decline in interest rates – increasing the wealth of bond holders. Moreover, we have never had a recession in the last century without tight money or higher interest rates.

Budget deficits on the mend:

While the federal deficit is massive, it is being reduced; and we have seen a dramatic turn in the financial well-being of our state and local governments. Many of these had large deficits 10 years ago, but in some cases they are running surpluses now and beginning to reduce taxes.

Remarkable growth... likely to continue:

Finally, the American economy has continued its remarkable growth. There are over three million more people working today than a year ago. While the 500 largest corporates have reduced their payroll by over one million employees in the last decade, over 20 million more jobs have been created in the United States.

Political uncertainty potentially unsettling:

1988 will be the eighth and final year of President Reagan’s administration, and the anticipation of changes in government has had an unsettling effect on the stock market on several occasions in the past.

Buying quality companies which recent declined in price:

A sharp drop in the stock market is normally broad-based and affects all stocks. Many companies with excellent prospects, and industries which are not affected by economic changes, suffered sharp declines in price. We have been reducing our exposure to companies with uncertain outlooks or weak financial positions while purchasing companies with higher quality operations which have had similar price declines.

Magellan has greater upside and greater downside:

Megellan has always searched for opportunities within numerous industries. It has consistently been diversified among growth companies, special situations, value stocks and cyclicals. The fund has normally had between 20-35% in conservative stocks and bonds and 65-80% in more aggressive companies, where there is a greater risk of downside declines, but greater potentials for more substantial gain in price over time.

Megellan’s goal:

My goal is to outperform the market over the long term by 5-6% annually.

About the author:
Grahamites

Toluway:

Are we also considering the fact that Companies Results have started coming out and a good number of traders would like to wait for results of stocks of interest before deciding future alignment?
Do you think this factor is not important?

Technically the market must take a breath. The breakout of 4ok region needs to be retested before there could be a valid move move to 50k.

Observation through the years have told me that market do retreat when the expectation of results are around the corner, paving way for new entries at some support and for news or result traders to either buy or sell.

Portfolio realignment needs to take place for those that love dividend stocks.

More so political undertone just gained unsual popularity.

I expect the market to go around 50k before a reversal. Please don't quote me.

It is just an opinion.

onegentleguy:
I am inclined to believe that the current downturn we are witnessing in the market today is 80% hinged on the fact that the monetary policy committee meeting did not hold.
...because as far as I know, there has'nt been absolutely any other key pointer to this effect.
some might suggest the treat by the NDAs, but the effect here is'nt yet key because for now, it remains only a treat.
Need I also remind us that these FPI folks are not stupid. ...and the last time I checked, they never joke with the issue of cooperate governance especially in this clime.
...They saw some huge opputunities here, came in in their droves. ...they were buying into some select coys with the intention of buying more (I can well attest to this fact).
...But with our foreign brothers, there's always an eye for the happenings around the monetary circle.
...because that's the circle that would determine how easy it would be for them to bring in or repatriate their funds.
...and so when the MPC meeting was put on hold, some of our Foreign brothers also had to put their activities on hold.
...and ur guess is as good as mine on what would be the likely effect on the NSE bourse.

That said, I believe the bulls will return on or before the close of market on Monday. (...I already stated here that this bear trend will not exceed the next 2 trading days). ...For soon, the land will be GREEN again.

...For Mr TIME shall see to this !!

#BELIEVE

Is there a date for the MPC meeting now? These FPI guys pay a lot of attention to sturvs like this. Even the ECB & Draghi is enough to distort European markets.

Suspended SEC DG: Keyamo Demands Release of Probe Report
https://www.businesspost.ng/2018/01/25/suspended-sec-dg-keyamo-demands-release-probe-report/

Can't even find the price or volume chart anyway.

currentprice:


i never notice this company before but based on oga wanajo coment i just check to know it fairprice

wow..... N32 base on this Q3 for a stock of N3.10k

this is my kind of stock truly it unfortunate owner wouldn't sell

722m outstanding

DangFlour
- support below N15 in place

Toluway:

Are we also considering the fact that Companies Results have started coming out and a good number of traders would like to wait for results of stocks of interest before deciding future alignment?
Do you think this factor is not important?

Well I'd say a yes and also a no.
...yes if we only take a narrow view of things, and no if we should veiw things from a broader perspective.
Yes its normal that at a time like this, company results are expected to be a part of any Joe investors consideration in deciding future alignment. ...but u have to remember that a core part of these local investors were also amongst those initially involved in the recent buying spree. ...It would even appear that at some point, the heartbeat of the market was a seeming drag between the increased participation from the local end and that from the foreign end.
...yes the past 2-3 weeks has seen a lot of interest translate to higher gains, but the seed of that interest was planted as far back as september/October 2017, when certain economic indices and by extension prospects stated making a better turnaround (...and not because of any expected result).
...and so on a broader perspective, a bigger reason for the increased market interest u see now both from the local and foreign end has more to do with the 'rebirth' in the nigerian investment prospect than it does for expected results. (remember, It is the turnaround that created the room for some of the possibly improved expected results we may likely see, especially for the last quarter of 2017).
Again, dont forget that one of the key lead up to that rebirth was the change in the right direction on the economic policy front. ...for after lengthy periods of several monetary policy missteps, the MPC became one small, a good gauge as well as guide for investors alike.
Sure u recall how the MPCs decision to allow for the creation of an investor's window on fx gave some impetus to the market then.

In all, the decisions of the MPC is not a stand alone factor in determining a nation's investment heartbeat, but it is a very important hand tool for most investors decision-making. ...and the truth is that it comes quite handy for both the local and foreign investor here. ...especially our 'foreign brothers'

...especially our "foreign brothers"

You do well, onegentleguy that I know

well done

fxuser:
DangFlour - support below N15 in place

In Nigerian economic environment, your system is best. I hail you

pls huz, if i sold a stock that i have e-dividend mandate active on it n buy it again later. Will my e-dividend madate still active for it. kindly reply. thanks.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/20724_COURTEVILLE_BUSINESS_SOLUTIONS_PLC_FINANCIAL_STATEMENTS_JANUARY_2018.pdf

we need monday 29th come quick quick

They've chop this company finish