aremso:
am on the fence watching as all of u ogas dey forecast oo

The below is why am skeptical about all my ogas forecast cos no one will see free money with less BP and put his money in where he will nearly have heartache so those FPI may also wants to enjoy tax free national cake at least to increase their money before coming to NSE, just my tot!

12-Month Treasury Bills Yield Rises to 14.73%
https://businesspost.ng/2019/04/09/12-month-treasury-bills-yield-rises-to-14-73/

Godlylifeoneart:

Coming from World Bank today

https://punchng.com/nigerias-economy-slipping-says-world-bank/

This lump called Nigeria. Giant of Africa. Interesting computations by World Bank presented the way they want it to be. I always have my reservations with their presentations of African economy.

swilo:



This lump called Nigeria. Giant of Africa. Interesting computations by World Bank presented the way they want it to be. I always have my reservations with their presentations of African economy.

oga, any how the lump or whatever you it is sir, am making money from it from time to time. That is their own headache do u think they ever want anything good to come out of our land? I just hope they will not kill dangote in the long run cos he would spoil business for them when his dreams comes tru and it will by God grace so any how they put it, me am making my money in the slippery economy. They wanted the govt to float naira so they can come with their hot money to carry all our cold monies away as one of my ogas here said then they will leave us behind to always mourning our portfolio but when it does not favour them they will look for all the means to downgrade us anyhow to achieve their aim God will see us tru

Godlylifeoneart:

Coming from World Bank today

https://punchng.com/nigerias-economy-slipping-says-world-bank/

That's an open secret.

aremso:


What if if they decides not to come back this yr again?

NSE will still open shop next year.
You don't seem to understand how these FPI behaves, most of these people target stocks that give between 5-8%(in countries with stable economy). There is no doubt that presently NSE has stocks with one of the best bargains across major markets cos of a lot of mispricing due to negative sentiments. Let's pick Afriprud and zenithbank as an example at current price, if they pay same dividend next year, that would be 12 and 14% dividend yield respectively. Which FPI, Will not want to key into this when they see small stability in the economy.

DAILY STOCK MARKET GUIDE FOR 09 APRIL 2019

MSCI on 08 April bought Sterling, sold some Access Bank. Market is generally down; high value traded shows that demand is still in the market. Brent crude rising price likely to sustain big money interest in the market.

Still waiting for the market to do some reversal??

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis (https://twitter.com/AnalysisTarget) and is not to be distributed without our authorization.
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Valueinvestor:

NSE will still open shop next year.
You don't seem to understand how these FPI behaves, most of these people target stocks that give between 5-8%(in countries with stable economy). There is no doubt that presently NSE has stocks with one of the best bargains across major markets cos of a lot of mispricing due to negative sentiments. Let's pick Afriprud and zenithbank as an example at current price, if they pay same dividend next year, that would be 12 and 14% dividend yield respectively. Which FPI, Will not want to key into this when they see small stability in the economy.

These FPI prefer price appreciation to dividend yield.

OBAGADAFFI:


These FPI prefer price appreciation to dividend yield.

You are absolutely right sir, but that's wat they use as a guide atimes in picking stocks , I myself am not a dividend hunter, I just use dividend yield as a guide(at least I can always get 10%or more from dividend if the expected capital appreciation does not work out) . I would rather wait for capital appreciation on a high yield dividend stock than a low yield dividend stock

edwardaigb:


I don't know if you have seen your shares, i was waiting for mine to show till someone told me to request for my cscs statement. I just entered the number of units i was expecting for sale using premium and sold it off yesterday, waiting for the 1N though.

Mpeace you’ve got to try this!!! Lol
I just sold 50 units
The share name is still diamond but go to premium board click Access and sell your diamond shares
You’ll have to do the converting yourself..

I knew the N1 go get K leg as e don involve bank


THANKS Edward

stcool:
Waiting for Fidelity bank dividend closure and Q1 result...thanks to those that offloaded at below N2.00 last week, I entered at very good bargain for dividend.


Meanwhile markdown is an opportunity to increase my position. Fidelity(60) Lafarge(10) and Zenith(30) are my focus for 2019.

Please tell me why you are making Fidelity (60) and Zenith (30). What do you see in there. I want to know if I feel follow you. I dey inside dat bus and already thinking of bailing out........

These 43 Companies Have Declared Dividend in 2019
https://businesspost.ng/2019/04/09/these-43-companies-have-declared-dividend-in-2019/

Hi guys.

I narrowed down my target stock to UBA and Zenith.

Should I go in now or continue wait as I have a feeling the price will still fall to N5 and N19 respectively?

Okay, so gtb was marked down today but didnt fall lower. Just like dashing money to those that bought before markdown. UBA getting bashed after markdown.
Hhmmm, Oga na master.

ndidigood:
when lv lost money plenty.

Have you sold yet?
Remember, every loss is on paper until you sell.
If your stocks are fundamentally sound, they will turn green again.
Its the normal stock market cycle the world over.

Valueinvestor:

You are absolutely right sir, but that's wat they use as a guide atimes in picking stocks , I myself am not a dividend hunter, I just use dividend yield as a guide(at least I can always get 10%or more from dividend if the expected capital appreciation does not work out) . I would rather wait for capital appreciation on a high yield dividend stock than a low yield dividend stock

Yes, because these stocks provide constant dividend and stable earnings regardless of the state of the overall stock market.

ubaaaaa,brace up!

OakPearl:



Have you sold yet?
Remember, every loss is on paper until you sell.
If your stocks are fundamentally sound, they will turn green again.
Its the normal stock market cycle the world over.

I no sell

ndidigood:
I no sell

You see?
So you never loose biko.

DOLLARTEX:
you saw that clearly!I doubt if it will stay long on 31!

Your doubt has been confirmed.
And this is how I have missed out from an opportunity to grab some at N31.55.
(Perhaps my punishment for signing in late).
Anything can still happen though, who knows.

edwardaigb:


I don't know if you have seen your shares, i was waiting for mine to show till someone told me to request for my cscs statement. I just entered the number of units i was expecting for sale using premium and sold it off yesterday, waiting for the 1N though.

Yayira:



Mpeace you’ve got to try this!!! Lol
I just sold 50 units
The share name is still diamond but go to premium board click Access and sell your diamond shares
You’ll have to do the converting yourself..

I knew the N1 go get K leg as e don involve bank


THANKS Edward

Thanks alot. Atleast its now clear that Access has been credited to our various accounts, though it reflects only in "spirit"
I don't want to sell access at current price. I would luv to see this year's results, especially that of q2 2019 befor taking any sell/buy decision.

OakPearl:


You see?
So you never loose biko.

Thanks o jare,but my portfolio loose weight

OakPearl:

Your doubt has been confirmed.
And this is how I have missed out from an opportunity to grab some at N31.55.
(Perhaps my punishment for signing in late).
Anything can still happen though, who knows.

lol,it is the fastest finger wins.

STOjo:

Please tell me why you are making Fidelity (60) and Zenith (30). What do you see in there. I want to know if I feel follow you. I dey inside dat bus and already thinking of bailing out........

Fidelity - growth
Zenith - Stability/divdend
Lafarge - Risk

I can authoritatively say that the driver of this our chams bus is on Oshogbo weed.if you do anyhow he knocks you down flat.

ndidigood:
Thanks o jare,but my portfolio loose weight

Pele...even Dangote portfolio sef go loose weight this season.
Na opportunity for people like us to accumulate some expensive stocks while it lasts.
Otherwise the market for be one kind straight line boring stuvs.

how low?

DOLLARTEX:
ubaaaaa,brace up!

UBA..accumulation ongoing..... 500k units.....



....i cannot miss the transfer of wealth going on in nse this year

Currently writing my MBA thesis on devaluation and how it affects the economy and will like to share my thoughts on the argument why Devaluation if adequately managed is actually good for the economy in the long run.

To understand the underlying situation of Nigeria, keeping it simple and first, you must follow the genesis of the problem as below

1. Debt - Nigeria currently isn't servicing its debts, it means we are not generating as much as we spend to pay for monies that we borrow to make these expenses. We burn more cash than we can settle our debts, we are not yielding profits, not making use of our revenue channels healthily

2. The balance of Payment - We Import more than we export, meaning we transfer more money abroad than we receive into the country, so the BOP is negatively skewed against our economy

3. Exchange rate - Our rates are currently tightly controlled by the CBN. Kept at a steady rate of $360 by supporting the demand with Naira injection and reducing demand for forex by banning some imports from reducing demand and at the same time protect local industries.

4. GDP - The total sum value produced is dependent on the price of oil, which has been steadily below $100


Let's leave it at this even though we might want to go deeper with infrastructure problems, trust /corruption and the rest.

Because the exchange rate is tightly monitored and controlled there are always calls to devalue the currency when the economy is not doing well to promote capital influx inflow, increase export demands, prop up FDI, FPI, and SPVs. Just like the naira doesn't portray it's a real value at the moment so there is capital flight because you wouldn't want to buy something so expensive today only to be sold at a meager price tomorrow. If the exchange was free floating the market forces will determine the rate. Devaluation /currency manipulation works for example in a country like China, where export is high, devaluing the currency will make the value of the exporting goods more attractive and thereby increasing sales and having a positively skewed BOP.
Yes, devaluation for a country like Nigeria with the monocultural economy, the masses will suffer in that the cost of petroleum might increase, which in itself causes inflation as the price of transportation, generating electricity, etc. will increase, this can cripple the economy if not properly managed.
My advice is to devalue the currency, we are financially redundant if we don't, not devaluing is just moving the financial collapse date. Asides from borrowing we need foreign individuals and institution to pump in their forex into our economy. These set of people study the market before getting in, they will make sure the prospect of the economy is at least guaranteed stability for say 5 years, because their investments could have a minimum payback period of 3 -5 years also people want to set up shop where they can stay for many years.

So many issues about devaluation. Nigeria has to be productive before it can be interesting, yet we need the influx of forex into our system. It is a problem of the chick and the egg which comes first. For me, it is devaluation or better still free float, then cleaning up shop and making Nigeria's ease of doing business excellent. Devaluing will encourage exports and promote locally produced goods with the right infrastructures such as electricity, motorable roads or other transport systems. The govt needs to fix a goal or realistic target to fix infrastructures and also clean up its act or fixating figures, the world is watching. Nigeria has resources, we can maintain a standard but the complexity of being a renowned economy we must attract more forex and be more valuable asides our natural resources.

keeping it simple.

Ekene Obi
Guru Capital LTD

aremso:


oga, any how the lump or whatever you it is sir, am making money from it from time to time. That is their own headache do u think they ever want anything good to come out of our land? I just hope they will not kill dangote in the long run cos he would spoil business for them when his dreams comes tru and it will by God grace so any how they put it, me am making my money in the slippery economy. They wanted the govt to float naira so they can come with their hot money to carry all our cold monies away as one of my ogas here said then they will leave us behind to always mourning our portfolio but when it does not favour them they will look for all the means to downgrade us anyhow to achieve their aim God will see us tru

True as stated. If they are not colonizing a country, this is exactly what they are doing (transferring debts).

chunkuli:
how low?

a reversal might be at hand bro.