DexterousOne:

Studio?
You mean he is an artiste?
Okay.

yes a failed one hoping on YouTube to blow

A medical doctor told us how they bought a hospital and paid back within 3 year .....this are the type of example and real life expirence we want the doctor didnt reveal anything online .....not some long academic eassy that doesn't add any kobo to pocket....

DexterousOne:

Mass sensitisation needs to be done for Nigerians
To avoid these pyramid schemes

Many of the investors in those schemes are not educated. They are typically financially illiterate folks that just want to double their money and do not know how investments work.

They hear their neighbors doubling their money and they run to join. Hard to sensitize folks like that. They won’t even believe you have their interest at heart.

emmanuelewumi:


SEC warned us, but people didn't listen

The target investors in these schemes are not the type that the SEC can easily reach.

megastarkels:
10 millie!
No need make I focus on my savings�

Some investment house may combine funds to secure the bond, then allocate your coupons accordingly.

Ask you investment house or stockbroker before taking final decision Sir.

emmanuelewumi:



Are you buying

No Sir.....is for those that are still doing NTB at ridiculous rates.

I have better alternatives in equities

ukay2:


No Sir.....is for those that are still doing NTB at ridiculous rates.

I have better alternatives in equities

Please show me the way oo. Your top four picks

Lazyyouth4u:


True. It’s actually not too bad and BUA is a strong corporate. But if you lock that money and Emefiele change mind and go hike rates next year. It will be bad o

On a serious note, it’s not too bad. For people with 10m they won’t need for 7 years. That rules out most retail investors.

The bond will be listed in NSE for trading.

Investors may sell the bonds in the floor of the NSE and recoup their funds to better yield investments then....

megastarkels:
I am disappointed seeing how the knowledge shared in this group has degraded to this extent.
The business elites who admire and hope to learn from are now sharing insults rather than wisdom.

Pls could we revert to purpose of the group. We need more light than darkness- Nigerian's economy is depressing and most of us come here to get some light to thrive

Let whoever is being wronged here, forgive. Biko!

These things happen

ukay2:


No Sir.....is for those that are still doing NTB at ridiculous rates.

I have better alternatives in equities

I concur
Anyone who buys Zenithbank at current prices is SURE to get a 9-10% dividend return in April (and as side bonus, some capital appreciation too )

However Zenith may drop in Jan/Feb (not so likely; but it is possible, hence anyone buying then may get a higher dividend yield then)
But a 9-10% return in less than 6 months is not such a bad idea if you ask me

emmanuelewumi:




Please show me the way oo. Your top four picks

We should be asking you this Mr. Emma

Lazyyouth4u:


The target investors in these schemes are not the type that the SEC can easily reach.

They should have banned the advertisement of such offers.


Just like the Victoria Island based corn farmer who promised investors 40% in 3 months.

I am sorry for the hasty generalisations, but when I saw the farmer in tattoo, Jerry curled hair and ear ring, I knew that was a one chance

ukay2:


The bond will be listed in NSE for trading.

Investors may sell the bonds in the floor of the NSE and recoup their funds to better yield investments then....

Yes they can. But they will make big time losses on this bond as it will be sold at a discount when rates go up.

emmanuelewumi:




They should have banned the advertisement of such offers.


Just like the Victoria Island based corn farmer who promised investors 40% in 3 months.

I am sorry for the hasty generalisations, but when I saw the farmer in tattoo, Jerry curled hair and ear ring, I knew that was a one chance

emmanuelewumi:




Please show me the way oo. Your top four picks

You know my way Sir....

Zenith below N20...

UBA below N7....

UPDC-REIT below N4...

Vitafoam below N7....

Patiently waiting for bears...

Lazyyouth4u:


Yes they can. But they will make big time losses on this bond as it will be sold at a discount when rates go up.

It depends on many factors....the bonds maybe selling at premium price then...the economic variables in this Emefiele time.....na case studies even in Harvard Business School self...

Investors that bought long term FGN Bonds are in good profits now despite getting good coupon yields at discount prices

ukay2:


You know my way Sir....

Zenith below N20...

UBA below N7....

UPDC-REIT below N4...

Vitafoam below N7....

Patiently waiting for bears...

Zenith below N20?
Lmao
That will be good

DexterousOne:

We should be asking you this Mr. Emma

Na my legs him de pull

I don magnet this one.

Non be every Dr de give advice wen non be medical.

ukay2:


You know my way Sir....

Zenith below N20...

UBA below N7....

UPDC-REIT below N4...

Vitafoam below N7....

Patiently waiting for bears...

DexterousOne:


Zenith below N20?
Lmao
That will be good

Never say never in NSE.....Land of possibilities

I was expecting ETI to be trading below N4 due to their poor performance in Q3...

....suprised seeing same ETI at N6.20 today.

ukay2:


It depends on many factors....the bonds maybe selling at premium price then...the economic variables in this Emefiele time.....na case studies even in Harvard Business School self...

Investors that bought long term FGN Bonds are in good profits now despite getting good coupon yields at discount prices

I hope Emefiele keeps the status quo like this (for my own selfish reason anyways, not really that what he is doing is 100% right)

Because once T Bills rate and other rates inch up again
Asset prices in our equities market will collapse
Now I cant say the extent of the collapse
But guaranteed it wont bode well for equities

Nigeria don take style enter the same trap America don enter

Not to indulge in hero worshiping, but you should not be laughing when Ukay makes a suggestion, there is a reason why. I will not say more.

DexterousOne:


Zenith below N20?
Lmao
That will be good

9jatriot:
Not to indulge in hero worshiping, but you should not be laughing when Ukay makes a suggestion, there is a reason why. I will not say more.

Huh?

ukay2:


It depends on many factors....the bonds maybe selling at premium price then...the economic variables in this Emefiele time.....na case studies even in Harvard Business School self...

Investors that bought long term FGN Bonds are in good profits now despite getting good coupon yields at discount prices

Sir, when rates increase, nobody wants a bond with low coupons. They always sell at a discount. That’s why it’s always good to have an idea of where rates may be heading (if possible) before locking up money in bonds.

When rates fall like what is happening now, the old bonds with higher coupons become more valuable. That is why bonds issued before the rate crash are selling at a premium now.

ukay2:


Never say never in NSE.....Land of possibilities

I was expecting ETI to be trading below N4 due to their poor performance in Q3...

....suprised seeing same ETI at N6.20 today.

Like you said
Never say never
I mean if accessbank is still dragging legs like this despite all the prospects
Then indeed anything can happen
If Zenith just slips into 19.95, fishermen will cast their net en masse
And before you know it
Its back to N21


Those fishermen (you inclusive lol) are many and are waiting

That said
Sometimes this our market mind boggles me (if that English is correct)
How can a company like Zenith have a P/E ratio of less than 4?
Despite everything
If Zenith were to be listed in NYSE, I'm sure it will be selling for N60+ if not more based on the fundamentals and prospects
It's my thoughts sha

DexterousOne:

I hope Emefiele keeps the status quo like this (for my own selfish reason anyways, not really that what he is doing is 100% right)

Because once T Bills rate and other rates inch up again
Asset prices in our equities market will collapse
Now I cant say the extent of the collapse
But guaranteed it wont bode well for equities

Nigeria don take style enter the same trap America don enter

I haven't seen much effect of low NTB rates in NSE.....

Most stocks in NSE are still undervalued.

I think if the low fixed income rates remain low, stock prices may peak more next year.....as more fixed income investors will start paying attention to NSE. Also, Pension Fund Managers will prefer to go into dividend paying stocks that are still having at least 10% dividend yield.

Am not seeing further naira devaluation till 2023, so more FPIs may come into NSE and japaa before 2023 election.

ukay2:


I haven't seen much effect of low NTB rates in NSE.....

Most stocks in NSE are still undervalued.

I think if the low fixed income rates remain low, stock prices may peak more next year.....as more fixed income investors will start paying attention to NSE. Also, Pension Fund Managers will prefer to go into dividend paying stocks that are still having at least 10% dividend yield.

Am not seeing further naira devaluation till 2023, so more FPIs may come into NSE and japaa before 2023 election.

The bolded is exactly my point

9jatriot:
Not to indulge in hero worshiping, but you should not be laughing when Ukay makes a suggestion, there is a reason why. I will not say more.

Na wa for you o. You go sabi play politics well well. Keep it up!

DexterousOne:

Like you said
Never say never
I mean if accessbank is still dragging legs like this despite all the prospects
Then indeed anything can happen
If Zenith just slips into 19.95, fishermen will cast their net en masse
And before you know it
Its back to N21


Those fishermen (you inclusive lol) are many and are waiting

That said
Sometimes this our market mind boggles me (if that English is correct)
How can a company like Zenith have a P/E ratio of less than 4?
Despite everything
If Zenith were to be listed in NYSE, I'm sure it will be selling for N60+ if not more based on the fundamentals and prospects
It's my thoughts sha

My average price for Zenith is below N15....but I can't resist the dividend yield from below N19. ...you know I hardly sell my stocks

DexterousOne:


I concur
Anyone who buys Zenithbank at current prices is SURE to get a 9-10% dividend return in April (and as side bonus, some capital appreciation too )

However Zenith may drop in Jan/Feb (not so likely; but it is possible, hence anyone buying then may get a higher dividend yield then)
But a 9-10% return in less than 6 months is not such a bad idea if you ask me

Very Apt

Lazyyouth4u:


Sir, when rates increase, nobody wants a bond with low coupons. They always sell at a discount. That’s why it’s always good to have an idea of where rates will be before locking up money in bonds.

When rates fall like what is happening now, the old bonds with higher coupons become more valuable. That is why bonds issued before the rate crash are selling at a premium now.

Very true.....

ukay2:




My average price for Zenith is below N15....but I can't resist the dividend yield from below N19. ...you know I hardly sell my stocks

We seem to have similar investment objectives