₦airaland Forum

Somethings its just to read and pass. People get different agenda..

unite4real:
it is currently up by 0.26%

This your monicker 😀😂😂

suckprick:
Next time if you need to withdraw, try processing it 24hrs earlier. Also, do not put money you need for day to day activities in Fund managers.

On another angle. You see that japa wave of 2021 to 2023. A lot of nigerians that japa during that time have settled in to an extent and are heavily investing in the stock market. This is another angle most people do not factor in when they compare 2008/2020 and now. These set of people are sophisticated and earn in foreign currencies. Social media is also doing the lords work in driving the market. The other day i even saw NGX advert on youtube..

Where you see bears.. hahaha this una analysis sef. People wey hold cash de wait for pull back.

Index wey run reach 200 go drink water rest small na..

Take everything you read online with a pinch of salt.

kintus:
The bears don show

Market sentiment seems bearish at the moment

There’s a lot of negative narrative going around, possibly influencing participants’ decisions

Hahaha. If access shed 50% no be 10 naira be that... Lol. Wetin access do una now.
Dont put ellah lakes with those stocks you listed abeg..

Joyful365:
The likes of Ellah Lakes, Presco, Aradel, Guinness, Okomu, MTN, and Access Bank will shed at least 50% from their all time highs when the time comes. Watch out and check the charts

Is this what you want or what will happen...😊. I can bet you are in heavy cash and waiting for pull back to jump in.. well like peter lynch says, the market does not know if you own a stock or if you are in the market. Remember more money have been lost waiting for market correction than the correction itself...

Joyful365:
The likes of Ellah Lakes, Presco, Aradel, Guinness, Okomu, MTN, and Access Bank will shed at least 50% from their all time highs when the time comes. Watch out and check the charts

Be like some pension fund money found its way to TIP

This zenith money no be ordinary money. Na pension fund... 😊 Zenith wey i just enter last month at 84 don deliver pass some stock wey de receive prayer and fasting.

You will be shocked that the person saying where una de see this money may even have much more funds and just catching cruise and having a good time.

Calling figures only motivates.

Coolis:
It's not about low self esteem issue here bro. This group is not only about investment, it's also an educational platform. From the submission of @Emmasoft and others, we can see clearly the benefits of calling figures, which is meant to encourage double minded individual about our common investment(MMF).

But, if you have been paying attention to some comments like " where una dey see this money from" after someone mentioned figure in previous thread, then, you will understand my point. Nigeria is still the poverty headquarter of the world, l learnt we overtook India again recently, l stand to be corrected. Now, we can conclude that mentioning figures has dual purposes/pros and cons. While someone's faith maybe encouraged, others may see it as oppression.

Me, am running my race at my pace and in my lane. Not in any competition with nobody. So low self esteem is out of the question. One love, just trying to make common sense

As oil and gas sector de shine we can also look towards the sectors servicing the oil and gas companies.. TIP and caverton. TIP is currently showing signs, but caverton still de sleep.

Thank you.

emmasoft:
@Stockhunter, the bolded is the other way round. Both payouts and reinvestments are quarterly for others, except Stanbic, which reinvests monthly and payout quarterly. In fact, Stanbic has done some different schemes when it comes to interest utilization; there was even a time when the interest would be reinvested within a few days or even a day.
They started, like others, with quarterly reinvestment or payment depending on the interest utilization an investor opt for.
The current one is monthy reinvestment and a quarterly payout.

Actually, fund managers are free to adopt different interest utilization schemes different from the norms, so far SEC doesn't frown at it.

How many times a day were you planning to withdraw. Its money market fund o not regular bank account. Others with the application experience can explain further.

excel127:
So Firstally withdrawal is limited to just one per day. I've never been so stranded mehn

Even 1 percent difference will produce better outcome to that of the monthly compunding. Have you done the calculation. Not to even talk of 4 percent difference. The difference will be huge if you have huge capital. Your monthly compunding will not even see the back.

Meanwhile sometime ago emmasoft said even Stanbic only pays interest monthly but does not compound until quarterly. I stand to be corrected anyway.

Abeg no compare monthly 15 percent compounding with 19percent quarterly compounding. They are not mates. Even 16 percent quarterly compounding will beat 15 percent monthly compounding by about .90 percent per annum.

Coolis:
Let's look at this analysis together please so one can make inform/better decision.

Stanbic at 15% or so compound monthly.

Trustbanc at 19% or so compound quarterly.

Trustbanc on daily basis is producing more output but this output cannot become part of the capital at month end whereas, Stanbic is producing less output on daily basis, which become part of the capital at month end.

Can we say that the difference of about 4% of daily output of trustbanc offset or cancel out whatever gain compounding of 15% of Stanbic would attract monthly before trustbanc's quarterly compounding?

If you were to choose, which of the above will you go for? Thanks

Huh... Why una de think say na same person. Totally different persons.. This one has been here when loco was still using the loco name na. Anyway nothing to prove. Na information and education i de here for.

Agbalowomeri:
E be like "Stockpromoter" no pay bills
You don launch "stock hunter"

This oil crisis will likely not be stopping anytime soon. Iran has hundreds of thousands of stock piled missiles and they have nothing to loose. They are already down with their supreme leader killed. Na Us get everything to prove. The power of a military is not totally known until it is put into test. Oil will likely get to 150 cos Iran na to de fire missiles up and down now to destabilise everyone

ositadima1:

Mega Mega... Be like we go take this one as financial advice oo.. i remember when PZ was sub 35, that time na so you de shout like john the Baptist on top PZ say people no won buy now say them go still pursue PZ at 60-70 now pz sidon on top 70.

Perhaps we take a lot of things here for granted or we take them as cruise. I also remember Aj8 on dangote sugar around 55 with his projection to 70-80 and custodian to 80. Someone else hinted at wema when it was 20... Not to talk of countless other mentions.

Mega this one na financial advice jor😀... And with the lines falling in together for the oil and gas
Make next week reach first.

megawealth01:
I will remind you when you start chasing us at 100+

Not a financial advice... Remember Wale is still in-charge

Please keep up the good work with the updates... You are appreciated.

Creditalerts:
FAAM=21.O6%🥵🤑🤑🤑 🔥🔥🔥 ,stanbic=15.42%🙂

This our fixation on oando sef... Even with negative returns within the last one year with all the prayer and fasting..

we can still run with other stocks and make some 50% here and there and still come back to meet people who tied funds on oando for years and follow una to still chop am clean mouth when the prospects are better.

Human beings sef...

Is this not what we have long been advocating for. For more participation in the exchange just like we have in other developed exchanges. Now it is improving we de shake.. No matter how fantastic a company is if no body is buying the price will drop. We have less than 4% of our population on the exchange, other developed exchanges have 25 to 60%>>

Itzlinda:
I have seen people on social media and even Northern brothers becoming interested in Ngx. People have been posting their buy screenshot.

It is obvious the retails are here in large numbers. Is there any chance that we are close to the top?

😂

megawealth01:
I heard Abuja was on curfew two days ago... Wetin sub... Seems Wike is now powerful there?

He should come and show some powers for JAPAUL this week ooooo

We need that power in jegede plc

On another scale with advantage of hindsight. There will be more traffic in their business because of political campaigns and movements to places of campaign. Lagos boys and the money bags that have joined their campaign. Moving around 36 states by political parties no be beans and not every one has private jet.
So this year nahco will have increased revenue.

leo1234:
I heard the hotel business and one other business was not included in the last financial report.

Expect more revenue going forward.

No not at all. Different person.

Will this concession still be on the app?

Odunharry:
OK we can talk on WhatsApp.

Loco right?

Dont have access to the mail used. Is there another way.

Odunharry:
Good morning boss
Yes I am with Renmoney, it dropped to 15% from 17%
For the concession we can talk, I will DM you.
I

Not at all...

Jaakay:
@stockhunter, i thought you use the Loco alias.

Boss i greet you. Abeg just to ask. Are you with ren money, asked this from one or two of your posts. I noticed the rate for Flex has dropped on the app. Can one get concession cos i am thinking of moving out my funds.

Odunharry:
What rate did you give them. I know DMO will reduce rate slightly seeing the number of subscription far way above offer. People wants to lock in on rate early this year cos we might see decline in rate as the year goes

On japaul gold... I remember when loco was hawking it and while i was observing the stock whether to enter or not. On a day when it was on full bid towards close of trade after 2.20 between 2.20 and 2.30 which is brokers time the full bud was crushed to sub 3 to 2. Something. I remember mentioning it here then that it was a deliberate attempt and was wondering why the MM will do such. I knew there was motive.. men de accumulate..well i managed to enter yesterday but didn't get enough units as i would have wanted. Make i make do with the one i have.

@Loco this one na dejavu.. e de always happen to you. You will be doing john the baptist work when its time for train to move you no go de again... Abi you still de, cos i have not seen you mention it again.

I was targeting to enter zenith today at max 81, how the thing take fly leave me i shock..

@ sunrise, or any other person abeg with your ears on ground is there any board room news on ngxgroup not open to the public, like bonus issue. because this run is extraordinary. My finger de itch me to sell. Though it is for long term for me but there are some returns i jam i cut my long term and shade some to move to other opportunities.. abeg help us if you have..

@Sunrise, i comot cap for you.. You seem to get information ahead... From vitafoam, wema, nahco, now seplat. We appreciate you for the heads up. Please keep up the good work..

Sunrisepebble:
They are planning to do one. I have good information they will. I don’t know the ratio though

Wapco don wake bua cement up. This market can be predictable at times..

Skyavn de one corner de press nahco neck..

According to Lynch, more money have been lost waiting for market correction than the bear market or correction itself...

Meanwhile see NGXGROUP i was projecting 200 in years to come say 5 years.. where e de run go like this.

mikeapollo:
Agba!!!
Positivity galore for the economy!
But when it gets to NGX, you tighten your face. Hope you are also positive that NGX go blow this year and Access and other stocks go hit 100%

No wonder, and with this circular i saw it will hit new highs with other large cap stocks. Dont know how true this circular is though..

But they must have MM i believe.

emmanuelewumi:
It is one of the stocks in NGX Pension index, pension fund managers have been taking positions in the stock