Nigerian Breweries Identifies FX Scarcity, Inflation, Others as Key Challenges
https://businesspost.ng/economy/nigerian-breweries-identifies-fx-scarcity-inflation-others-as-key-challenges/

CBN Holds MPR at 11.5% to Quicken Economic Recovery
https://businesspost.ng/economy/cbn-holds-mpr-at-11-5-to-quicken-economic-recovery/

ABCON Blames Speculators for Forceful Devaluation of Naira
https://businesspost.ng/economy/abcon-blames-fx-speculators-for-forceful-devaluation-of-naira/

UACN Finalises Sale of 51% Stake in UACN Property to Custodian Investment
https://businesspost.ng/economy/uacn-finalises-sale-of-51-stake-in-updc-to-custodian-investment/

Drop in Federal Allocation Worries Bayelsa Government
https://businesspost.ng/economy/drop-in-federal-allocation-worries-bayelsa-government/

FG Exempts Minimum Wage Earners from Income Tax
https://businesspost.ng/economy/fg-exempts-minimum-wage-earners-from-income-tax/

Interswitch, Finastra Partner for Improved Services
https://businesspost.ng/technology/interswitch-finastra-partner-for-improved-services/

Shoprite Creates Trading Platform for Farmers, Customers
https://businesspost.ng/brands-products/shoprite-creates-trading-platform-for-farmers-customers/

Guys, e be like say BTC na him win this time around.

Toluway:

Some stocks have not left where they were since yesterday's massive crash, like Zenith, GT, Ibtc, Fidelity, Access, Wapco and so on.

Recession things? But Zenith's still a buy right now.

Toluway:

Some stocks have not left where they were since yesterday's massive crash, like Zenith, GT, Ibtc, Fidelity, Access, Wapco and so on.

Access,Eti,UBA,Cadbury and other mid cap stocks will take the lead this time around.

Lol very funny. I now have a new definition for an investor. When you can comfortably watch your portfolio changing colour like chameleon and remain unbothered. I agree with you. Strong pullback can quickly become bullish again. Exception is when the trend flips, then it becomes Oso abiola. Lol. For now market remains bullish

TraDeRR:
I can comfortably call myself an investor.. watching my portfolio change color like chameleon and still not bothered..

Transcop @ 0.90

When will NSE repent? This bull no even reach December

The best behavioral way to force yourself to be a long term investor and think like a business owner....

Become an investor who gets paid a growing dividend to hold on to a company stock

Oyel $47.65.
Na this one scatter the bears totally.
We for hear am

Ibrahim505:
The best behavioral way to force yourself to be a long term investor and think like a business owner....

Become an investor who gets paid a growing dividend to hold on to a company stock

It is very sad that pecuniary Hollywood type of investors have taken over nsem. And unfortunately, they're the ones who drag loads of money into the market. They would all cart their loads of money in into an impending bullish market and as well drag out the money as soon as the bull is subsiding and taking the market back to square one.
Are we no longer having investors? Have yahoo boys taken over eveverywhere ?
This manner of investment mentality can be disturbing to a man's sagacity.

Toluway:

It is very sad that pecuniary Hollywood type of investors have taken over nsem. And unfortunately, they're the ones who drag loads of money into the market. They would all cart their loads of money in into an impending bullish market and as well drag out the money as soon as the bull is subsiding and taking the market back to square one.
Are we no longer having investors? Have yahoo boys taken over eveverywhere ?
This manner of investment mentality can be disturbing to a man's sagacity.

Let them do their thing and you do your thing. How can the investment mentality of others disturb your sagacity?

Toluway:

It is very sad that pecuniary Hollywood type of investors have taken over nsem. And unfortunately, they're the ones who drag loads of money into the market. They would all cart their loads of money in into an impending bullish market and as well drag out the money as soon as the bull is subsiding and taking the market back to square one.
Are we no longer having investors? Have yahoo boys taken over eveverywhere ?
This manner of investment mentality can be disturbing to a man's sagacity.

No! Rather blame it on mobile trading apps and 247 online access. in the US they are called robinhood generation! constantly overtrading

No vex Sir Emanuelewumi, just digressing.
Prior to 2008, you would just buy a stock and go to sleep, without fear that players would have dumped on you before you sign into your account the following morning.
In 2008, it took two weeks before i knew i had made over 200 percent profit on gtb and zenith, and i had no problem. But today, you have to stay glued to your stock trading platform while someone is running a commentary on updates.
The system has indeed undergone a radical change, making it difficult to pose as a gentleman investor.
This is not to say that you cant still contend yourself as a dividend investor though.

The beauty of an exchange is to have different participants with different strategies, but same goal(to make money).Even right now NSE is grossly under patronized,so embracing different types of participant is what brings the highly needed volatility in the markets.
Just wait till we start having HFT on NSE, in fact a lot of traders might not be able to cope

You privided the right word dgitrader. "Robinhood Stock Trading"

Toluway:

It is very sad that pecuniary Hollywood type of investors have taken over nsem. And unfortunately, they're the ones who drag loads of money into the market. They would all cart their loads of money in into an impending bullish market and as well drag out the money as soon as the bull is subsiding and taking the market back to square one.
Are we no longer having investors? Have yahoo boys taken over eveverywhere ?
This manner of investment mentality can be disturbing to a man's sagacity.

Dem never allow shorting for here. Machines, computers and algorithms never plenty. Day traders and scrappers never too dey.
........and you are 'sad' already.................

That is why notting is cast in stone, market could change at the slightest minutes.

What is important is to make money whether bulls or bears

locodemy:
Oyel $47.65.
Na this one scatter the bears totally.
We for hear am

Stocks around the world are buzzing. Guess it is time to get ready for the return of the bulls.

A Russian Pharma vaccine is 95% percent effective.

locodemy:


You didn't buy it yesterday.
Today,it gave room for new entrants.
Market is now on timing.
You will have your village people to blame if you don't time.

@ Locodemy what stock do you recommend?

locodemy:
Us market recovery is the cause of what we are witnessing in our own market now.Follow the Us market to make a kill at NSE.


This year has been a true rollercoaster ride for the U.S. oil and gas market, but it is increasingly looking to end on a high note.

The sector is up nearly 16% over the past 10 days alone as the world moves closer to vanquishing one of mankind's biggest threats in modern history.

The outlook keeps getting better for the oil and gas bulls.

Here are three key reasons why the bulls are likely to have the upper hand going forward.

#1. Covid-19 vaccines

The oil and gas industry has been deeply out of favor over the past few years, thanks to huge supply/demand imbalances that only got much worse after Covid-19 struck. Indeed, trying to call a bottom on the bear market has largely been a fool's errand as one step forward (OPEC production cuts) was immediately met by several steps backward (massive demand destruction due to global lockdowns).

However, the latest developments now offer hope to the incurable optimists that the worst might finally be in the rearview mirror for the industry.

At least two successful COVID-19 vaccines now mark a major turning point in the battle against one of our biggest existential crises.

Two weeks ago, Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX) reported that their joint mRNA-based COVID-19 vaccine candidate, BNT162b2, had demonstrated nearly 95% efficacy in preventing Covid-19 infections in ~44,000 test patients. A few days ago, the companies confirmed those numbers in their final analysis, including being 94% effective in those over 65 years old.

Related: Venezuela Arrests Oil Workers To Cover Up Bad Press About PDVSA

The good news came with a small caveat though: Pfizer's vaccine needs a much cooler temperature of -94 degrees Fahrenheit (-70° C) and up to -109 degrees Fahrenheit for shipment for the vaccine to remain viable, which could pose a major challenge in some locations.

So news that Moderna's (NASDAQ:MRNA) Covid-19 vaccine candidate, mRNA-1273, has demonstrated similar efficacy as the Pfizer vaccine but remains stable at more manageable temperatures of 2° to 8°C (36° to 46°F), or roughly the same operating temperature of a standard home or medical refrigerator, for at least a month, was definitely great news.

More encouraging: Moderna has reported that its Covid-19 vaccine will cost $25 and $37 per dose depending on the amount ordered, roughly in the ballpark of a common flu shot, which costs anywhere from $10 to $50.

Even more encouraging news: The EU is likely to fast track approval for the Pfizer and Moderna vaccines, meaning they could enter mainstream distribution in its jurisdiction in a matter of weeks. Europe is experiencing the biggest second Covid-19 wave, with Germany, Poland, France, and Spain having gone back to lockdown in a bid to stem the spread of the deadly virus.

#2. More vaccines in the pipeline

Other than his never-ending tweetstorm, Trump has mainly kept a low public profile after losing to Biden in one of America's most divisive elections in modern history. But a few days ago, he came out and publicly accused Pfizer of delaying its Covid-19 vaccine ostensibly in a bid to ruin his chances at re-election.

Well, guess what, it appears several other pharmaceutical companies are guilty of the same curious timing of their own--maybe even better--vaccines.

Related: Why Iraq Isn’t Producing 10 Million Barrels Per Day Yet

The Pfizer and Moderna vaccines are based on Messenger RNA technology, which is not only speedier to manufacture and develop but is also well-suited to rapid adaptation.

Unfortunately, messenger RNA, or mRNA, is also delicate, requiring careful cold storage and handling that complicate distributions.

The great news: There are several other vaccines that could be better suited for more widespread distribution.

AstraZeneca (NASDAQ:AZN) and the University of Oxford have reported that their vaccine is 62-90% effective depending on dosage, but is cheaper than the Pfizer or Moderna vaccine and can also be stored at higher temperatures making it more accessible for lower-income nations. The AstraZeneca candidate is an adenovirus-vector platform that gives people an inactivated virus to stimulate an immune response making it more stable than Pfizer and Moderna's "mRNA-based" vaccines.

CureVac's (NASDAQ:CVAC) says its CVnCoV vaccine is stable for three months at +5 Celsius or the standard refrigerator temperature. The vaccine remains stable for up to ready-to-use room temperature for 24 hours.

Sanofi and GlaxoSmithKline's have announced that their two-dose recombinant protein vaccine can be stored between 2°C- 8°C.

Johnson & Johnson also has a Covid-19 vaccine in the pipeline, which, if successful, could be stable at refrigerated temperatures of 2°C - 8°C for at least three months and up to two years at -20 °C.

In short, there seems to be no shortage of Covid-19 vaccine candidates that are potentially even more stable than the Pfizer/BioNTech vaccine.

#3. Undervalued sector

The U.S. and global energy sectors have been deeply out of favor for the past six years--so much so that the sector could now be significantly undervalued.

In fact, the sector now trades at a price-to-book ratio below one, the lowest in about seven decades.

That would not mean much in the face of the huge supply/demand imbalances that rocked the industry at the beginning of the year. But the situation is quite different now.

Over the past few months, OPEC has demonstrated admirable production discipline and will be looking to maintain that trajectory to avoid derailing the oil price recovery.

The long-term oil price outlook might not be too dire, either.

The age of renewables might be upon us, yet oil demand could keep growing and only hit a plateau in the late 2030s as per OPEC estimates. Granted, those rosy projections might quickly turn gloomy if many more governments go the U.K. route and decide to ban petrol and diesel vehicles on their roads by the turn of the decade. But so far, indications are that the fossil fuel sector might have at least several more years of dominance as long as the global pandemic can be quickly brought under control--and the prognosis is quite good.

story for the gods.When the vaccine finally gets here,make sure you and all yours get vaccinated or forever keep quiet.They have used the fake Corona to achieve their evil plan.Nevetheless God pass them all

Hello house

I bought shares like 5years ago, I have hard copies of the share certificate.. please how how do open an electronic Account for my shares ?

Any broker here ?

JobMagnetNg:
Hello house

I bought shares like 5years ago, I have hard copies of the share certificate.. please how how do open an electronic Account for my shares ?

Any broker here ?

@JobMagnetNg. This what to do: Open a stockbroking (cscs ) account. This you can do with investment one. Just click the link on my signature complete the form online and you are good to go. All you need is your kyc documents- passport photo, ID Card, utility bill and your signature.
You don't need cash to open the account.
Once the account is opened you can now bring in the hard copy certificates and even the certificates you cannot find all will be dematerialized ie converted to electronic format into your cscs account.

Please does investment one have a real time trading platform like MorganCapital and how do their fees compare?

emmasoft:

@JobMagnetNg. This what to do: Open a stockbroking (cscs ) account. This you can do with investment one. Just click the link on my signature complete the form online and you are good to go. All you need is your kyc documents- passport photo, ID Card, utility bill and your signature.
You don't need cash to open the account.
Once the account is opened you can now bring in the hard copy certificates and even the certificates you cannot find all will be dematerialized ie converted to electronic format into your cscs account.

Those initials enclosed in the brackets, what do they stand for?

Also what does acronyms like
ASI
RSI.......really mean

Limitless72:
Those initials enclosed in the brackets, what do they stand for?

Also what does acronyms like
ASI
RSI.......really mean

All share index. ASI
Below listing requirements BLS
Missed regulatory fillings MRF
RSI.... Leave that one for future future ,


Avoid such stocks where possible, those are warnings from SEC, before such companies are heavily sanctioned, or delisted from the exchange after prolonged infraction

safepaulooo:
Please does investment one have a real time trading platform like MorganCapital and how do their fees compare?

Yes there is real time trading from anywhere you are in d world

safepaulooo:
Please does investment one have a real time trading platform like MorganCapital and how do their fees compare?

I use morgan, it's online platform is way below average. However it has the lowest cost/fees for active traders.

Go for any other broker like investment1 as suggested for now.

safepaulooo:
Please does investment one have a real time trading platform like MorganCapital and how do their fees compare?

Morgan capital trading platform is very terrible. Not good for a newbie. I use them only to play around stocks.

talk2tonie:


Morgan capital trading platform is very terrible. Not good for a newbie. I use them only to play around stocks.

Really? I guess I should stay with meristem then. I thought Morgan platform was okay

Good morning all.

Enjoy the day all round.

Oyel $48.57

Oil at 50 will help Nigeria out of recession before Q1 2021.No cause for alarm.

Vaccine/Biden transition bull

talk2tonie:


Morgan capital trading platform is very terrible. Not good for a newbie. I use them only to play around stocks.

It is not that bad o, it has everything u will need to trade comfortably, ok, the only thing it doesn't have are charts.

ositadiima1:


It is not that bad o, it has everything u will need to trade comfortably, ok, the only thing it doesn't have are charts.

Poor portfolio analysis.

talk2tonie:


Morgan capital trading platform is very terrible. Not good for a newbie. I use them only to play around stocks.

dgitrader:


I use morgan, it's online platform is way below average. However it has the lowest cost/fees for active traders.

Go for any other broker like investment1 as suggested for now.

Chai. See bad mouthing o. Why don't you just sell your own product.

We have had enough of this debate on this forum already.