₦airaland Forum

RabbiDoracle:
Careful guys, profit takers may come in.

Fear not.

Dem never grind beans o!

Dem never grind beans means what ? I like Nigeria pidgin

...and it’s just November

RabbiDoracle:


Ask Greece, Argentina, Venezuela the same question when they said they will guarantee bonds and they did not.

There are risk in all investment. There is the non-dividend payment risk for stocks then there is the bond default risk.

For now, both risks are off the table. Nigeria can service her debts very well and banks will pay Dividends as well.

So don't look at one risk without considering the other.

Ok oo.. me I prefer to sign a contract with a COUNTRY that guarantees me 16% interest than a company that assures me nothing

How can I see a zero risk then choose 100% risk ? Even if you dey among people wey Dey high table self you are not safe.. look at that big entity in diamond.. if not for Access their name for be sorry.. I Learnt they bought at 5 naira

aremso:
Oga, you cant be sure of anything in this country oo! it is only death that is sure

I’m surprised..

RabbiDoracle:
Then use the same amount to buy UBA at N5.5 for example. This gives you 18.1m units. This units earn dividend after tax of N13.8m. Remember that UBA can hit N18 in 1 year (resulting in a total capital of N325m) or HIT N2 in 3 months (resulting in a total of N36) . You will still be collecting your Dividends even when it falls or rises.

It is advisable to follow the risk that suits you. For me, I won't do long term bond for now. Not yet time!

For you, it could be better to do LT bonds.

What is the guarantee that UBA dividend will be consistent?

rebekah2011:
If I have N100m, I will put everything in Zenith Bank and just be collecting dividend and wait to sell when it gets to N30 because I am very sure it will get to that price.

I’ll secure that 100m with the government first! Then take the interest and invest in sleepless nights nse

OakPearl:
The power of compound interest from 6-monthly coupons over 10 yeras cannot be over emphasised you remember.

Imagine someone who needs his peace of mind with his N100m. That's N14m every year to play in the NSE for 10 years at 14%.

Think am.

You too sabi !

When nsempa bash a stock, sees nothing good in it, the opposite happens.. CCNN wait for me

RabbiDoracle:
I think it usually starts at 3pm.

What starts at 3pm ?

CCNN @ 5 naira! Some people get mind to hold stocks sha

sky2891:
7
Please, when you sell confirm to the house if all were bought immediately. Please

What do you need such information for ?
Abeg if you know something share with me oo

Coolcash1:
You people should carry your politics to another section..abeg.

Meanwhile, looks like Access is ready for profit taking...

Ma binu sir

Like seriously? So what will happen to politicians that stole money ? And kidnapers ?

DeRuggedProf:

Lol oil almost kill me na Trump come save my life.

Mpeace:
The whole deal is not too clear to me. CCNN shareholders will be serious minorities in the new company. The 35naira valuation is not too different from the 66 naira FO stuff. Its all paper stuff.
Me think the current demand/bull is due to a certain shareholder trying to enhance his position by accumulation, pending the completion of the merger.
My opinion though.
Cement business is looking sweet, but one has to be careful cos what's happening in the breweries can also happen here. Big players are on the increase.
I see better opportunities in Zee/UBA/FID/FCMB

Ok dear

DeRuggedProf:
33.9 Billion OS...
They will always need JB cranes to lift the share price...
Convert to cash into GTB, UBA, FCMB, FIDELITY, FMN. Then go to bed.
CP, Oracle, OGG, FXUSER, BBM will tell you when to sell.
After the short rally you saw, there will be total eclipse.....

Prof, only 1 person hold 95% oo.. it not like transcorp that is in me, loco and tritritri hand oo.
I’ll not post anything on ccnn again.. Let go and think my next move

I’m shorting oil.. let me go and see if I’m dead or still alive

Brokerharuna
Northeasterner

Weytin una think about this ccnn and bua merger ?

Ok.. digging out ti start..
https://www.forbes.com/sites/mfonobongnsehe/2019/11/01/nigerian-billionaire-abdulsamad-rabiu-to-merge-obu-cement-ccnn/amp/

@dipoolowoo abeg help me with more on BUA

Mpeace ! Another risk don show oo (CCNN) weytin you think ?

So there’s no cash in this CCNN and Obu merger >: frown face
Who get mind should go and buy then wait to sell after obu listing
Na liver dey give money for nse now.. survival of the fittest

I read that 35 naira somewhere else too.. if this is true omo menh

@ Omalicha open a trading account with Morgan Capital
Buy stocks from August to November
Sell at late January to early February
Good do T-bills then come back to nse in August again
After February make NSE no see your money.. no matter what limping bull comes around
Lock your money for T-bill throwaway the key

OmalichaJesus:
Please don't ignore me please.

I'm new here, I'm totally lost and I'm very much interested in the stock market business.

Please I'll really be grateful if anyone or all of you put me through.
Please

Omalicha you are coming into SM at the right time..
as a new comer go and buy any of these
Fcmb
Fidelity
Uba
GTB
Zenith

If them no poo dem dey vomit.. so you good

RabbiDoracle:
Elastic bull.

Fasten your seatbelts!

Seatbelt fastened! Let’s go there!

RabbiDoracle:
You always buy high.

Now with your knowledge of TA, try and work on your entries.

Yea.. always buying high.
My TA skills tho I’m not wasting it on nse.. I’m just waiting to sell and close nse chapter..

OakPearl:
This CCNN price movement in the first 15 mins of trading today clearly indicates dumping.

They will pump it up to offload intermitently until they complete their exit strategy.
Holders use your head.

And you are soo sure ? Full bid on diamond started from Sunday.. Dangote flour from Saturday.. anything that has involved take over, merger, acquisition better to turn Lucas cos you don’t know what announcement the stock exchange house is “delaying”

Jejebabaa:
I remembered very well. Truly,
There are 2 types of traders in the market :
1. Those that are humble and
2. Those that will be humbled.
Oga Godisfaithful was forcefully humbled by Mr Market via oando and had to change moniker from Myjoy08. But this humbleness was extreme and made him permanently bearish on NSE. I really pray he doesn't miss this coming "bull". Worse case was when he bought $ at peak of 500/$ hoping to sell at 1000/$.
"Wuked" market with woundjurement. The same oando sent Prof Ucheson on permanent exile.

I’ll prefer to miss a bull than this haircut I’m receiving.. he’ll be alright

bigjay01:
UPL

Yeye stock

swilo:
Is it true that the amount of funds that flow into a Forex trade is really unknown? The only knowledge available is that of the tick up or down in price?

Cc: CP, Northeastern, Traderr

Not possible not to know.. the big banks always know where the people at.. if they know that, then they know how much money is there..

ukay2:
Is good you now understand. ..the coupon rate is fixed. ....that is why it's called BOND

That’s good.. Same as Ghana.. which banks are into it?