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Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 9:04am On Apr 09, 2019 |
aremso: |
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 9:14am On Apr 09, 2019 |
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/ 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 9:27am On Apr 09, 2019 |
Godlylifeoneart: 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. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 9:37am On Apr 09, 2019 |
swilo: 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 10 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:10am On Apr 09, 2019 |
Godlylifeoneart: That's an open secret. |
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 10:23am On Apr 09, 2019 |
aremso: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. |
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 10:25am On Apr 09, 2019 |
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. 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by smartergridintl: 10:36am On Apr 09, 2019 |
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Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:53am On Apr 09, 2019 |
Valueinvestor: These FPI prefer price appreciation to dividend yield. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 11:10am On Apr 09, 2019 |
OBAGADAFFI: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 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:19am On Apr 09, 2019 |
edwardaigb: 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
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Re: Nigerian Stock Exchange Market Pick Alerts by STOjo: 11:24am On Apr 09, 2019 |
stcool: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........ |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 11:28am On Apr 09, 2019 |
These 43 Companies Have Declared Dividend in 2019 https://businesspost.ng/2019/04/09/these-43-companies-have-declared-dividend-in-2019/ 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:53am On Apr 09, 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? |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:56am On Apr 09, 2019 |
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. |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 11:56am On Apr 09, 2019 |
ndidigood: 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. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:59am On Apr 09, 2019 |
Valueinvestor: Yes, because these stocks provide constant dividend and stable earnings regardless of the state of the overall stock market. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:02pm On Apr 09, 2019 |
ubaaaaa,brace up! |
Re: Nigerian Stock Exchange Market Pick Alerts by ndidigood(f): 12:03pm On Apr 09, 2019 |
OakPearl:I no sell |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 12:09pm On Apr 09, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 12:13pm On Apr 09, 2019 |
DOLLARTEX: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. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:16pm On Apr 09, 2019 |
edwardaigb: Yayira: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. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ndidigood(f): 12:21pm On Apr 09, 2019 |
OakPearl:Thanks o jare,but my portfolio loose weight |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:26pm On Apr 09, 2019 |
OakPearl:lol,it is the fastest finger wins. |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 12:28pm On Apr 09, 2019 |
STOjo: Fidelity - growth Zenith - Stability/divdend Lafarge - Risk |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:32pm On Apr 09, 2019 |
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. |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 12:32pm On Apr 09, 2019 |
ndidigood: 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. |
Re: Nigerian Stock Exchange Market Pick Alerts by chunkuli: 12:34pm On Apr 09, 2019 |
how low? DOLLARTEX: |
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 12:36pm On Apr 09, 2019 |
UBA..accumulation ongoing..... 500k units..... ....i cannot miss the transfer of wealth going on in nse this year |
Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 12:40pm On Apr 09, 2019 |
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 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 12:44pm On Apr 09, 2019 |
aremso: True as stated. If they are not colonizing a country, this is exactly what they are doing (transferring debts). |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:48pm On Apr 09, 2019 |
chunkuli:a reversal might be at hand bro. |
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