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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 4:19pm On Jul 15, 2020

megawealth01:
So you go enter Pete trap

Me ke?,i cant fall for such grin

. Peter cant use me to do Monkey barbecuing.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 1:05pm On Jul 15, 2020

PETERiCHY:
N4 Loading......
BARGAIN HUNTERS TAKE NOTE!

Lol, I thought you advised people to enter and alight at KM 12. It's always a risky strategy investing on hope. Uchetoba come and see your people.

4 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 11:08pm On Jul 13, 2020

gabscity:
I mentioned this sometime ago, some people here said it wasn't true. Morgan has a poor customer service! They will soon loose many clients!

I sent Morgan Capital a mail for a reduced transaction fee because of volume of transaction i plan to do with them about 2 weeks ago, They promised to get back and till now Morgan hasn't said anything. I sent a follow up mail there was no response. Over the weekend I opened another account with Meristem, the customer service experience has been top notch.

My Conclusion: Morgan has made money or has money right now hence they don't need your kobo kobo deposits .Their live trading platform still seems better though but pride goes before fall. They need to watch it.

Meristem Customer service is in a world of its own. If they maintain those quick responses they will go far .

4 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 6:11pm On Jul 13, 2020

RabbiDoracle:
NSE seems disconnect from the global markets that has been bullish since April 2020. The reasons I do not know. Some are making ATH right now.

I spoke about the expectations of a bullish era earlier. Except the CBN resolves the divergence between the FX black market and official market no serious foreign investor will bring their funds into this country. Even local investors would rather observe where naira ends before committing more funds.

3 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 8:01pm On Jul 11, 2020

Coolcash1:
https://punchng.com/nigeria-heading-for-recession-in-q4-2020-fg/

I think we are already in Recession. When we are getting out should be the next discussion.

6 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 6:24pm On Jul 10, 2020*

seyisanya:
This is understandable. I was referring to companies that were not paying dividend PRE-COVID.

Yeah i get you, those ones have found good excuse not to pay anything. grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 4:58pm On Jul 10, 2020

seyisanya:
You nailed it, madam. For me and my household, any stock on the NSE that doesn't pay a reasonable dividend(not a kobo-kobo dividend) has no place in my portfolio. #ICAN'TKILLMYSELF.

There is too much uncertainty in the world for now. What if the regular dividend paying companies can't pay full dividend for now? I will advise investors to discount next dividend expectations by 30% minimum.

Jijo is pure risk taking for now.

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 11:21pm On Jul 07, 2020

arduino:
If it continues this free fall to Thursday, I may likely move the Fund for trading Jaiz to JB.

Without resesarching why it has been falling?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 9:02pm On Jul 04, 2020

creategist:
Stanbic at N65 ?? How ?? Make these people fear God na! Haba!

Overly optimistic projections in my view. 50% of all that is listed is more realistic under the current circumstances.

Celebrities › Re: Hushpuppi's Story Is On Skysports News! by Tvegas(m): 11:09am On Jul 04, 2020

Nigeria making news for bad reasons. May the fraudulent ones among us continue to crash.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 10:55am On Jul 04, 2020

Princkez:
What's the best price to buy zenith

The best price depends on your target, i think the first question should be what is your target.

I target stocks that can pay me between 12% to 18% dividend per annum, so I can continue to buy zenith till around N20 to meet my yield target.

If capital appreciation is your goal, study a one year high and low of the stock, study its fundamental , study its 5 years trend. Then you can pick stocks that are closer to the year low. For example if you target 50% return in 1 year, you may pick GTB at N21 and plan to sell at N32. It may get there ,it may not.

11 Likes 2 Shares

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 10:27am On Jul 04, 2020*

I woke Up to my GTBANK dividend alert this morning ,I have been more happy all day. I have also discovered that a good dividend is good for your health,it can elongate your life. I plan reinvesting half of my dividends for the next 6 years in bond market.

I exited the market 13 years ago ,I paid heavy school fees buying junk stocks. What I lost in the market in those years is enough to buy a nice duplex now. Within those years I ran away from anything stock market meanwhile people were making a kill here.

A year ago, I started following the market again. I started researching again. I have read through most of the posts of the gurus on this page.
I started investing again, this time cashflow became my watchword. If a stock can't repay my investment in 10 years its not worth my money.

Special kudos to emmanuelewumi the grandmaster of cashflow investing . The oracle,mcy,ogg,currentprice, Agba, all the jijo masters and crew, all the doomsday prophets,all the kilometre 22 crew grin

. May our portfolio continue to swell,may we continue to chop this stock market money together.

17 Likes

Investment › Re: Treasury Bills In Nigeria by Tvegas(m): 11:41am On Jun 30, 2020

ahiboilandgas:
Imagine a young guy with no job fixing 1 million naira grant give by his uncle in t.b at 4 percent (earning 3,300 ) permonths and boy 2 setting up a nice barbing salon at 1m charging 400 per cut with average of 5 cleints faily (2k )......who is taking more risk of been poor .....the 4 percent guy of cause....thinking he playing safe by not taking any risk but in real sense he is risking poverty.....

That barbing salon can also land him in a loss making position via low patronage and expenses on diesel. The higher the risk the higher the return. Fixed income investments have low returns for a reason. Lets always bear that in mind.

4 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 9:58pm On Jun 28, 2020

meshpips:
SEPLAT did magic in November 2019 and February 2020 - I can't see the high and low traded for those months.

Such things distort my VAP computation. I can't say anything about the stock except and unless I get those values.

Oga how far with our Zenith bonanza at N11.90k, should we expect it in July? What are the charts saying?

2 Likes

Investment › Re: Treasury Bills In Nigeria by Tvegas(m): 8:30pm On Jun 26, 2020

This is some good news to cheer every one up. I guess Nigeria should be a net exporter of fertilizer soon.

https://nairametrics.com/2020/06/26/worlds-largest-fertilizer-firm-to-commission-multi-billion-plant-in-nigeria/

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 2:25pm On Jun 25, 2020

Chibuking81:
@Tvegas
I focuses on crude price because it's the determinant.

Remember the word of Buffet.
Warren Buffett stated : “Be fearful when others are greedy, and be greedy only when others are fearful.”

Monitoring oil fluctuations on a daily basis is not good for anyones health. I think Following general trend is better. Most countries are opening up hence there is no need to worry about Oil. Even right now there are good deals in the market,you can never time this market accurately. What if the Q2 results comes out better than expected. The feelers i am getting is to the effect that banking results will be flat.

I am a fundamental investor, i seek only companies that give me minimum 12% dividend yield annually. So i careless about these market gyrations except something fundamental happens. Right now i am buying Zenith, WAPCO,UCAP. If prices comes down in July i will buy,if they don't i wont regret.Hope you understand my bias.

10 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 12:22pm On Jun 25, 2020*

Chibuking81:
Most oil company are losing almost 10% at full offer, Brent crude is crude bleeding at $39.98

Why are you bothered with daily fluctuations in Brent while losing sight of the general market direction . The world is in recovery,financial markets will keep getting better.

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 9:58am On Jun 25, 2020

Chibuking81:
That's why am angry with some people who buy JB at #27, whose name are yet to enter JB book of register/shareholders. Like AIICO too, when you know that you can always get a better offer after the reggae. OK now at #18 even #17

You are making sense, Stock market investment demands some level of research but what i often seen is herd movement.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 9:57pm On Jun 24, 2020*

DexterousOne:
What's the issue with guiness though?
Care to share/explain?

Guinness hinges its investment strategies on about 50% affordable beers/malts and 50% spirits some of which are expensive. Compare that to Nigerian Brewries that has about 95% of its products spread along the affordable segments of beers,malts,farouz etc . In an economy that is constantly on the decline Guiness spirit brands will struggle.

How many Nigerians care about Baileys and Ciroc for now when you have myriads of alternatives on the shelve. Buharis regime has also not been favorable to the sector Via increase in VAT and excise duties..

In terms of market penetration, some of Guinness brands are not known beyond Lagos. Compared to Nigerian Brewries, the managers of Guinness are not doing enough.

Guiness needs to restructure, they may launch new products, acquire new businesses or scrap some none perfoming brands outrightly.

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 8:43pm On Jun 24, 2020

megamart247:
Also pity those buying wapco and japaul with hope of rising.they are both falling knives

WAPCO and Guinness are on the opposite side of the spectrum. Results can only get better for wapco,while a turnaround is not sure for Guinness yet. I see WAPCO comfortably delivering 100% in the next 12 to 24 months.

Its even a sin to Lump WAPCO and JAPAUL together in a single sentence. One is a Yahoo boy while the other is a Corporate executive with reputable brand and office. Be guided please.

6 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 12:03pm On Jun 24, 2020

robobo:
Hello Chief

kindly avail a link to the said write up.

Thank you

https://nairametrics.com/2020/06/23/cbn-governor-confirms-exchange-rate-unification-plans/

Investment › Re: Treasury Bills In Nigeria by Tvegas(m): 11:32pm On Jun 23, 2020

ahiboilandgas:
they want price unification with import and export window ...may be 400 ....dont purchase from the black markets untill they resume sale to bdc ....it already over priced ...

The CBN is living in denial hence a second round of devaluation is inevitable at this point.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 11:28pm On Jun 23, 2020

This session was organized to help calm the nerves of foreign investors now awash with bailout dollars but worried about Nigeria’s faltering economy and its likely ability to trigger further devaluation. Mr. Emefiele did not confirm if another devaluation was in the offing.

Rabbidoracle, The above is from Nairametrics write up on a recent CBN event where fx issues were discussed. Even though i pray for the inflow of those free foreign funds there by leading to a massive bull. However, there is too much uncertainty in this market for that bull to happen anytime soon. The CBN is living in denial hence a second round of devaluation is inevitable. I also see the current sideways trades happening for a while.

3 Likes

Investment › Re: Treasury Bills In Nigeria by Tvegas(m): 7:29pm On Jun 18, 2020

Wiseoldman:
Too big to fail.

Terms like Too Big to Fail, Giant of Africa etc are pure illusion and part of the reason Nigeria lags behind. A nation of 200million people struggling with Poverty,insecurity and 1960 problems. You are only giant in your country, the outside world has moved on and left us behind.

Lets leave this realm of illusion and take decisive actions that can rejig this country. Political Restructuring along regional lines and Turning away from Oil dependency should come first.

5 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 4:29pm On Jun 17, 2020

I was banned a month ago,I was wondering what the issue was. Arun needs to do something about this.

1 Like

Investment › Re: Treasury Bills In Nigeria by Tvegas(m): 2:40pm On May 31, 2020*

Theconglomerate Versus Emmanuelewumi/MrMCjay were saying almost thesame thing but from different perspectives. While Mrmcjay derived his definition of "Commercial" from a C of O which is the root title thus talking from the perpective of a Property Lawyer and justifiably so.

On the other hand,Theconglomerate sees any income generating Property as a commercial venture which is also justifiable since he is an investor. Hence his use of "Commercial" could have been better stated.

However theconglomerate should learn to accomodate other opinion without going aggressive. I was taken aback by those words. I am also surprised at how he scoffs at those doing fixed income investments. You forgot that some people are in their wealth preservation phase of life. Thesame risk i could take at age 27,i may not want to take same at 45. Thats why i dont crucify young people around me who loses money to MMM. Experience is one of the best teachers thats if they are serious students to start with.

On rental Wahala. From my little experience as a realtor ,i only advice clients to rent out residential properties to certain class of customers on certain conditions. Even when all these conditions are meant, nothing is fool proof in Nigeria.

For example, An expatriate approached my firm to lease a duplex we just built in a mini estate. We wrote back to him offering him a medium lease of between 2 to 3 years on the condition that his company stands as his guarantor or the company enters into a direct tenancy agreement with us on behalf of our client. For whatever that is worth that gives us some relative peace. But such opportunities are only available to few locations where you have expatriates clusters in Nigeria. Even if you promise me 20% rental yield,i will never invest in Residential rental properties in many places in Lagos.e.g Egbeda, oshodi, Ogba, lagos island, ajah etc

However i can invest in Commercial rental properties in strategic locations in any of the areas stated above (Egbeda,Oshodi,Ogba,Ajah) as many will rather pay for office or shop rent before house rent. So before you build that block of 6 flats for residential letting ,why dont you Consider putting 10 shops for commercial letting on 400sqm. The Commercial land maybe more expensive but the stress is worth it. A friend recently did about 30 shops on strategic Ogudu road Ojota before completion everything was taken.

A second Case Study, A client abroad bought 2 properties from us with the goal of renting out both,my sincere advice to him was this. Put one on rental income, sell the second property at a 10% to 15% profit margin upon completion and put the money in Fixed securities or a Sound and consistent dividend paying stock.

14 Likes 2 Shares

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 2:37pm On May 30, 2020

DeRuggedProf:
When I see Dangsugar doing some strange things,

But in all, know that thy tour guide remains the body language of GTB....

Very Funny. So who do we ask if UACN and OANDO is doing wan kain? grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 8:13am On May 30, 2020

meshpips:
When @emmanuelelewunmi was talking about the 50% slash in salary for NAHCO staff last week, I kept quiet and stayed confident of what the data set was saying to me.
Abeg where that @northeastern dey sef?

You like to drag sha. When will NAHCO sell for N5?

6 months?
1 year?
2 years?

Put a timeframe and lets watch together. Stock recommendations without a timeframe is at best Fraudulent and mischievous.

5 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 7:58am On May 30, 2020

meshpips:
I know it is hard to believe but I play by a different set of rules!

Target of N5.39 kobo when is that happening? In this adverse economic environment for the air service industry?

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 2:03pm On May 27, 2020

stcool:
I don enter fidelity...where they keep their words

All man 4 himself

Welcome to the party. I thought you were waiting for quarter 2 results. grin

Investment › Re: Treasury Bills In Nigeria by Tvegas(m): 1:49pm On May 24, 2020

This article is for those who have asked about how Dangote Refinery will affect or not affect Nigerias forex position in the future. Enjoy reading and Happy eidel fitri.

https://www.google.com/amp/s/www.theafricareport.com/21854/behind-the-hype-is-dangotes-refinery-a-game-changer/amp/

1 Like

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