pluto09:




Many have been here for a long time and it seems to me they have learnt nothing.

You cannot predict tmao when it comes to investing
The only sure guarantee in life is death
There is nothing to learn
Gain =loss n vice versa is the rule of the game
Today, US is toast of all investors
Yesterday Nigeria stocks was rated as d best in the world
The task is for investors on Nairaland to have at least 2 to 3 portfolios in at least 2 continents
Bi Eni seri Ola o ri be, ohun lo je ki babalawo da if a ororun
A quote from my archive

pinpoint what our currency was going to do next, there is no telling if the right opportunities would be available offshore at that exact point in time. Our current circumstances are a case in point: the rand has recovered since its weak point last year, but assets in major developed markets such as the US are generally looking expensive.
A better strategy is to figure out how much of your investment portfolio you want to place offshore and what you are trying to achieve and then formulate a plan to invest as regularly as possible in carefully selected assets. Arguably, it is more important spending your time identifying which global assets you want to invest in for the long term, than determining the exact perfect entry point – which as we know is impossible to do reliably.

mendes911:


That's not the point! Read in-between the lines of Pluto's message.

NB: I also play "Baba-Ijebu" on NSE but I truly know that it's "Baba-Ijebu" and I don't go around showcasing it as the best thing after sliced bread! We need to constantly draw that line, whether real or imaginary.

we're still saying the same thing
Old habits die hard !

*Daily Market Summary October 5, 2018.*

The Nigerian Stock Exchange ended today’s trading session on a negative note, as the all share index closed at 32,138.15 basis points, down 0.12%.

Year to date, the index is down 15.32%


*Top Gainers and Losers*

*Gainers:*
Wapic Insurance Plc. was the best performing stock in today’s trading session. The stock gained at 8.11% closed at N0.40.

First Aluminum gained at 7.69% to close at N0.42.

UACN gained at 7.48% to close at N11.50

*Losers:*
Law Union and Rock Insurance was the worst performing stock in today’s trading session. The stock lost at 8.33% closing at N0.55

Thomas WY fell by 8.00% closing at N0.23.

Zenith Bank fell by 3.79% closing at N21.55.


*Large Trades by Volume*
FCMB was the most traded stock by volume today as 42 million shares valued at N72.2 million were traded in 93 deals.

Access was next with 32.5 million shares, valued at N262 million were traded in 97 deals

Zenith Bank traded 12.3 million shares valued at N275 million in 268 deals.

This Nairametrics post is brought to you by I-Invest

Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

Godlylifeoneart:
You cannot predict tmao when it comes to investing
The only sure guarantee in life is death
There is nothing to learn
Gain =loss n vice versa is the rule of the game.

You must be an erudite person in real life. This piece is so valid.

talktokenny:
many has been playing baba ijebu right from childhood and they have never won a single bet ,does that stop them from gambling ? Some even graduated to Bet9jia.

Lol. You cannot come and go and be spoiling NSE baba Ijebu for us o. Haba!
Raise your hand up if you never play baba Ijebu for NSE before.

I now believe Zenith is suffering from ELEPHANTIASIS

onegentleguy:
On AIICO;
EGM has just ended, with the motion for a SPECIAL PLACEMENT TO A CORE INVESTOR at an offer PRICE of N1.20 successfully passed !!
...and the boared doing well enough to clear some shareholder worries WITH A SOLID...

#BELIEVE
#ANDKEEPBELIEVING

OGG,

Please, can you highlight the post where you tore down AIICO's financials especially H1? The analysis I saw online is so subjective and full of beliefs.

For an investor to pay 120k for an 80k share means there is a magic wand somewhere.

currentprice:
morgan capital and skye bank(polar) is like 5/6

they still use the bank as their main bank for customers deposit and they are the only broker i know using the bank

hope they have no skye bank share

Chibuking81:
As we prepare for our period, pls any of Morgan capital representative here, or someone close to their management should pls ask them to open account with 1st/2nd tier banks like Zenith, GTB, ACCESS, UBA, FBNH, for their client. I am not comfortable again with them using only Skye bank due to fear of unknown, they should pls as matter of urgency change bank, or add another bank to their existing one.

i agree with u, still wondering why they stick to the bank. they might lose some customer

currentprice:
i agree with u, still wondering why they stick to the bank. they might lose some customer

I dont think so. They're behaving as if they know what we dont.
I hope they are right for their sake and that of customers sha.

Godlylifeoneart:

You cannot predict tmao when it comes to investing
The only sure guarantee in life is death
There is nothing to learn
Gain =loss n vice versa is the rule of the game
Today, US is toast of all investors
Yesterday Nigeria stocks was rated as d best in the world
The task is for investors on Nairaland to have at least 2 to 3 portfolios in at least 2 continents
Bi Eni seri Ola o ri be, ohun lo je ki babalawo da if a ororun
A quote from my archive

pinpoint what our currency was going to do next, there is no telling if the right opportunities would be available offshore at that exact point in time. Our current circumstances are a case in point: the rand has recovered since its weak point last year, but assets in major developed markets such as the US are generally looking expensive.
A better strategy is to figure out how much of your investment portfolio you want to place offshore and what you are trying to achieve and then formulate a plan to invest as regularly as possible in carefully selected assets. Arguably, it is more important spending your time identifying which global assets you want to invest in for the long term, than determining the exact perfect entry point – which as we know is impossible to do reliably.

That's what I'm thinking too...

Diversifying into New areas /continents /markets

I am already making inroads into S.A.

Do you have any other market that you suggest will be a good fit?

Ugosample:


That's what I'm thinking too...

Diversifying into New areas /continents /markets

I am already making inroads into S.A.

Do you have any other market that you suggest will be a good fit?

Some SA brokers offer you access to US n EU market
However direct access to steroid powered US market is now available through etoro, choice
You can also penetrate worldwide ETF n ETN through
etfsa.co.za
Easyequities.co.za
You can buy your choice bundles, ETF, ETN, Mutual funds or collective investment funds,
Nasdaq, S&P 500,dow-jones etc
The choice is yours
Due diligence advice
Trading in another country involves lot of charges when you are not a resident there.
Starting from local bank charges
Tax clearance n prove of income
With dz u r ready to roll the coast of the investment world

Ugosample:


That's what I'm thinking too...

Diversifying into New areas /continents /markets

I am already making inroads into S.A.

Do you have any other market that you suggest will be a good fit?

pls share ur inroads into the s.a markets, i have been trying without success to enter s.a or kenyan stocks

http://www.financialplanningsouthafrica.com/free-will-download-south-africa/

Here in SA, as you plan for financial freedom, you also plan for the ultimate guarantee which Nigerians do not like to hear. No matter how poor a South African is, they subscribes to a funeral or burial insurance.
Above is a will template for Nairalanders.
Don't allow your shares to be taken over or captured by the greedy Government in Nigeria.
Plan your tomorrow
Download a free will through the link
And just for your take away for the night
You can visit www.pdfdrive.com
For free online inspirational books in any area of human endeavors.
We Nigerians must be nice to ourselves, some will have free access to the www.pdfdrive.com and begin to sell it to their fellows. This should not be

Godlylifeoneart:

Some SA brokers offer you access to US n EU market
However direct access to steroid powered US market is now available through etoro, choice
You can also penetrate worldwide ETF n ETN through
etfsa.co.za
Easyequities.co.za
You can buy your choice bundles, ETF, ETN, Mutual funds or collective investment funds,
Nasdaq, S&P 500,dow-jones etc
The choice is yours
Due diligence advice
Trading in another country involves lot of charges when you are not a resident there.
Starting from local bank charges
Tax clearance n prove of income
With dz u r ready to roll the coast of the investment world

Most US Based brokerage firm dont accept nigeria customers . not even etoro.

Godlylifeoneart:

Some SA brokers offer you access to US n EU market
However direct access to steroid powered US market is now available through etoro, choice
You can also penetrate worldwide ETF n ETN through
etfsa.co.za
Easyequities.co.za
You can buy your choice bundles, ETF, ETN, Mutual funds or collective investment funds,
Nasdaq, S&P 500,dow-jones etc
The choice is yours
Due diligence advice
Trading in another country involves lot of charges when you are not a resident there.
Starting from local bank charges
Tax clearance n prove of income
With dz u r ready to roll the coast of the investment world

thanks a whole lot bro


I appreciate

but that prior of income will b a little problematic for me tho

but then....

when you say charges will be too too much, like how much in %%% (estimated) are we talking about?

maishai:


pls share ur inroads into the s.a markets, i have been trying without success to enter s.a or kenyan stocks

I have not started trading yet

Still researching and working out the modalities and raising the money to break into that zone

I want to enter with fresh funds, and have no plans on liquidating my equity mutual funds, direct equity holdings or even my MMF holdings for that project

That's just the delay


Apart from that.....

check out that post by godlylifeonearth, it's a good guide

Ugosample:


thanks a whole lot bro


I appreciate

but that prior of income will b a little problematic for me tho

but then....

when you say charges will be too too much, like how much in %%% (estimated) are we talking about?

U can't estimate what the local banks charge u in Nigeria
You only get to know after the completion of transaction. The issue is not wt d brokers in SA but the local banks in Nigeria.
Have u sent money via swift from a Nigeria bank b4? Then you will know that they are not transparent

http://www.choicetrade.com/
I have registered successfully on dz platform with my Nigeria passport
Yet to trade with them

Godlylifeoneart:
http://www.choicetrade.com/
I have registered successfully on dz platform with my Nigeria passport
Yet to trade with them

but how do you cope with their charges?

@godlylifeoneart, how does a Nigeria acquire documents to register on easyequities.za

... NOT BE LIKE ...

https://www.nairaland.com/3560501/holineness-righteousness-revival-daily-messages/17#71825864

tritritri:




Most US Based brokerage firm dont accept nigeria customers . not even etoro.

I have an etoro account. Took me a couple of months to get verified though. I have not actually funded my account. Does anybody here trade with them? I have read a couple of reviews about them, and I need to decide on how relaible they are.

OdunetLbs:


I have an etoro account. Took me a couple of months to get verified though. I have not actually funded my account. Does anybody here trade with them? I have read a couple of reviews about them, and I need to decide on how relaible they are.

No option for nigeria again.

Toun2nl:

but how do you cope with their charges?

Registration is free, i am yet to start direct trading with choice

For those that really want to diversity, I just discover this company in SA dz morning.
Though I have SA Id and registering with them will not be an issue
This company offers direct access to global market and commodities trading.
If you are able to register with them, you are as good as trading daily in US, UK, Japan, china etc


https://unum.tradedesk.co.za

Toun2nl:
@godlylifeoneart, how does a Nigeria acquire documents to register on easyequities.za

U will need to contact them, i am a permanent resident. The only thing dt could be a problem for Nigerians is lack of Tax identification number
If you have tax clearance from FIRS, and a Dom account, i believe they will register you

fxuser:
FCMB
Vol action
well abv avg vol for d last 4 days

FCMB
- Massive weekly inverted hammer rejection at d 50dma with serx vol !
- in other words , all dat vol and price closed at lower range of d week

um

fxuser:
Oando

- very tight BB squeeze

#StillOnStill

Oando

- still squeezing withing a range , anything is possible

fxuser:
Transcorp
daily chart pipu
- inverted hammer today at 1.30 key level , expect some ''possible'' profit taking very soonest

Transcorp Update (Similar to fidelity)

- inv h & S reversal pattern well defined with close above 50dma
- meaning the structure of lower lows and highs has been destroyed lollx
- higher high formed
- watch for higher low entry

dis
i cud be very wrong as always

#favs

Zenith
- after a 14%*ish bounce from its 52 wk low, friday engulfed d whole of thurs

fxuser:
Transcorp Update (Similar to fidelity)
- higher high formed
- watch for higher low entry

Well done sir.
What is this 'higher low entry' in Layman's term sir? I mean like what price range for Fidelity especially?
Mpeace you no come class cos today na weekend abi? Issorite! Your weekend reading is waiting for you.

austinkenneth:
I now believe Zenith is suffering from ELEPHANTIASIS

Dont let stcool hear you o.