₦airaland Forum

BullBearMkt:
...In as much as I understand your frustrations, I don't think your assertions about NSE is completely correct! If you cannot make money on NSE, I can assure you, you will loose x3 investing in US Market. Good thing about US Market is that it's well regulated & anyone found manipulating the market is severely dealt with no matter how highly placed. Americans set the system right, that's why someone like you can take your money there to invest.

It is therefore a clarion call on those managing NSE and Nigerian Economy at large to "sit-right", sit tight and make Nigerian market investors' friendly. Imagine foreign investors are still running away from cheap stocks in Nigeria!

Instead of the burial ground that you see, I see BIG TIME opportunities to make GOOD FORTUNES on NSE. I am not discouraging anyone from participating in US Market, of course, I am a big time trader on NYSE, NASDAQ, RUSSELL2000, S&P500, DOW, just name it; what I am driving at is that if all you see on NSE is burial ground, I can assure you in the next 2 - 5 years, you will see US Market zone as cremation ground as your cash will evaporate except due diligent is well done!



Thank you.

Dont mind those folks...
What are they lookin at...
when GTB was playin at N21..
Stanbic at N30....
Nestle at below N1000... all with assurance of stable interim dividend...
And yet It is Guinness.... in a troubled sector ....
that is attractive.. to them.... in dis corona period...
U cant make analysis of NSE stocks...
Na NASDAQ,NYSE etc you wan shook head ...
Knowing the fact that you are not connected directly to trade
With Bamboos Trove and Chakas etc....

Rerin:
Please i spoke with one of the immigration staff at festac for renewal which he said 29k for 32pages. He said i need only previous expired passport and two passport photos but he never mentioned any other docs. Pls is it worth to patronise such or not. Kindly advice.

Dats exactly what they told me too
The expired passport and passport photograph
Price of N26k....for renewal

Coolcash1:
With the poor result, I have shifted entry price to N5

Peter how market? I know you must have sold your position by now and still deceiving newbies to hang on...

N5 .... for where...
Place it at N3.00

thesilentone:
It didn't take too long for the market to respond to the results. A wall of sellers is building.

Dont know the attraction in Guiness..
When GTB, Stanbic & Nestle...
Are giving decent positive runs ....
Coupled with handsome int div...

onegentleguy:
That means u probably didn't understand the essence of the post.
See the post I quoted(from @ jamace) to get a clearer view.

My post was meant to put out the point that one should NOT compare a struggling company like FTN COCOA to heavyweights like OKOMU and PRESCO.
...and that those seeking to align with the 1st(FTN) should apply caution.

Read that post again.

Ok and Noted

onegentleguy:
OKOMU, PRESCO and FTN cocoa in one line?
Reminds me of that song by Abba
...lyrics;

"I have a dream, a FANTASY
To help me through... reality
And my destination makes it worth the while
Pushing through the darkness still another mile
I believe in angels
Something good in everything I see
I believe in angels
When I know the time is right for me
I'll cross the stream - I have a dream"

But I just don't know if there's SOMETHING GOOD to see in FTN at the moment or if indeed there are ANGELS lurking around !!
Just hope that those wishing to take that DESTINATION wouldn't experience that part in bold.

...caution.

Regards

Dont think so...
CPO is used by the rich and poor...
We still have other food and hygiene based products(largely oil palm based)...
Basically Domestic demand is high...
Downside is only if FG open the borders for coys to import...
We know the stance of PMB on border closure....
For now.. I am bullish on Presco...

PETERiCHY:
Wema Bank’s profit after tax (PAT) declined by 33.53 per cent to N1.49 billion in the first six months of the year, compared to N2.25 billion it made in H1’19. Its profit before tax (PBT) also fell 33.75 per cent to N1.73 billion in H1 2020.

https://businesslive.ng/2020/08/25/wema-bank-half-year-performance-worries-shareholders-as-profit-drops-by-34-percent/

WEMA showing investors weeen from time immemorial

Fair value is 10kobo

BARGAIN HUNTERS TAKE NOTE!

Very disappointing result ..
From Wema...

PenHub:
Nikuchi dennismaria NaiNaomi teekay Highlyfavoured Usquared graciousme Ayomide811 illRatherNotSay goodandkind Phylife emmavarsity kunleweb jobark willie2015 kryptem DaBogu amordi chimapeters michealogunleye tunene66 ekperemoegbabi temi4fash handsomebolanle wickedfacts meziefresh sirlaw12 alezzy13 emmaesty wendywilson biznessman akinonigbinde acidosis olujaidi id20noble ADUKKY bigcil2 healthserve akolawole please coman offer advice/help

There is no best investment....
Each has its own risk... which
Can be managed with app risk mgt....
TBills rate can fall to very low percentage ...below inflation rate..
Mutual fund rate can also be dicouraging...
Bonds rate can be extra low ...
U can lose your money in stocks...
Agrotech can close up ....with risk to your capital...
Tenants may not pay up as at when due in real estate ...
Insurance can refuse to pay....
U may not recover all your money back in lending
saving schemes may not pay attractive rate...

Mpeace:
Zenith wet sabi disappoint.

My brother,
Zenith is a stock for the meek
For they shall inherit the earth

gbemishile:
Hello nairalanders
I trust u all are doing well
Please I would like to get opinions from people who have invested in themap.ng for more than a year now.i want to know if it's a legit business and if they have never defaulted in paying their investors.
Please need serious comments

The firstline question...
Who owns the map.ng....
The founder...
Who are the mgt team...
if you cant find these basic info on their site...
They got sometin to hide ...
My 2 cents

Forces holdin SEPLAT don rest....
We see them by year end 30th & 31st Dec
to push it to abv 600
Nestle gettin some nice bids....

Openbusiness:
Don't buy bike ohh, find something else. Bike and HBP are like 5 & 6. The risk outweighs the rewards

Dont think so...
If he is driving it himself...
He should make sure he get a comprehensive insurance ...
God Speed to the Op

psalmz:
so I should give a brain box specialist

First run a scan...
And ask ard experience
Hands that can solve the problem...

Nice thread...
Will patronise you ....
Very soon...

Righteousness89:
Thats Part of the things that Come with Marriage my Brother..

If Every Married person should open up, then there may be no Marriage.

Keep admonishing her, but do it in Love not as a Rule, Because whether you like it or not you two are one..

Admonish and Correct her in Love. Also try to Physically Move her gently in Love to the right places.

That's Marriage oooo...

Tks for this piece....
It takes plenty patience to live with a woman....
Op should have patience and correct her in love....
Dis one na small matter....
If you come get wife that thrive on Amebo with neighbours 24hrs ...
Or wife wey dey enter jazz house...
Marriage matter.... Uhmmm
Its only when you enter.... you know wetin dey....

Mcy56:
Aside GTB and few other stocks, market seems to be taking some break.
Seplat: N35M needed from deep pocket to move it's ministry fwd.....
Zee: Now 8.05 difference from GTB. Let's see if it will move or will still remain indecisive.....

The interim dividend announcement seems to be taking longer time than necessary .....hope it's not yet priced-in self.

Updated: Seplat moved up with 10%......now 385......

One good features of Seplat...
When those that need it to move up is ready...
They dont need retail investors...

Agbalowomeri:
Party scatter.....

https://www.youtube.com/watch?v=EtbwTgY3AIk

Agba, welcome oo ooo
All d old hands don dey commot dis forum...
Small Small....

psalmz:
Experts in the house,I own a 04 honda accord which I noticed it jerks when it returns from gear 3,2,n 1,when it returns back to each gear it jerks, changed the oil, done the regular servicing,gear selects perfectly well,just that jerking noise when it returns

Try and scan it...
Had the same problem with my Avensis Verso..
After servicing the gearbox...
Dey scan it...
After scan...
Dey remove the brainbus...
And touch one stuff on d panel...
Boom.... all d problem ceased

saintadeola:
If Obaseki loose today, no regret, in d face of death, he stood firm, he was never a coward, unlike ambode, I salute his courage, at least he fought, it's a motivational move, no matter Wat, do ur best, don't give up

You should understand better....
It is not about being a coward or courageous....
It is simply about choosin which battles to fight..
And which to walk away from.....
Obaseki is definitely not a wise man....
Discretion is a better part of valor...

FellaG:
I did a lot. If u read my post, I said I am comfortable just career dead

Ok thats good...
Pray and fast ...
And seek Gods face..
Thats the next thing..
No one here has the magic number..
A man’s heart plans his way, But the LORD directs his steps.

FellaG:
Thanks I appreciate.. My position wasn't contract. I and my peers had just 2 promotions in 10yrs.am comfortable but career dead

Oga,
What did you do with all those loans ...
Available to staffs... From
Personal loans, Cooperative Loans.. Consumer Loans ...
Upfronts... Profit Sharin.... Share loans ...
Medical upfronts...etc...

jaggabban:
Nothing will stop obaseki from relocating to Biafra by September. He needs to become the governor of Abia or Anambra.

Flat headers over to you.

We told them....
Discretion is a better part of valor...
Caution is preferable to rash bravery.....
They continue to push Obaseki.....
Like the proverbial fly that has no one to advise it ....
That follows the corpse into the grave ....

Mcy56:
If interested, you can pick your copy at sub 300......I see this fall as an opportunity.......but I may be wrong sha.

U are not wrong...
But one just got to have a lots of patience ...
while holding Seplat...

DexterousOne:
I'm not sure NSE have a provision for that

That said, I wonder why so many Nigerians are still "scared" of these apps that aid buying stocks in foreign markets

The burden of being a Nigerian born and raised, is that you become suspicious of everything

Just smilin...
When I read your comment....
Naija na tough zone ....
Almost every1 dey do yahoo yahoo...
Even if dey put CBN & Sec approval...
We go still dey suspicious...

ositadima1:
It was actually 29%, I bought at 116 and it traded up to 147 for days in huge volumes. I could have offloaded all of it. Now, 24% gone into the wind.

I no too blame my self sha, I bought it for long term back then. Plus, Afriprudential registrars refused to process my e-mandate and dividends on time. Imagine, I was just receiving my dividends a few days ago.

Funny thing is that it doesn't seem like this downturn is ending anytime soon, prices may revisit the previous lows.

We sometimes need to learn how to take profit...
As soon as we have a decent gain...
I will have sold at least 20 to 30 percent...
Of your Dgte Cement holdin from your above analysis......
And move it to another asset class...
And leave the remainin... 70 percent
Dis mkt get as e bee...

VeeVeeMyLuv:
u cant blame him, as a leader u cannot be everywhere or know what's happening everywhere. The problem is there are too many double agents and sabotagers amongst the rank and file.

U discuss a plan with an individual, immediately the discussion is concluded, next minute the fellow is making a call to the enemy.

Apart from that another angle is that these bandits and terrorists are from the communities, they have friends and relatives in there. The problem is that they are sympathetic to these elements and reluctant to give them up to the special force ops. It is generally now accepted as an ideology, and little kids and youths now see and perceive these bandits as interesting and exciting.

You have to blame him....
They did not allow the South African mercenaries to finish their jobs...
Becos of the juicy contracts and money theu can steal...
Whats diffilcult in using mercenaries to do your dirty jobs ?...
Even the US use private contractor to fight their dirty wars...

IYGEAL:
I don't think he's a religious fanatic. I don't know if he's got a precedence though. But, you know, religion gives people hope in bad times; even if it's mostly false hopes, but still...

In an unrelated story, the saddest thing I have read this year aside Covid 19 is the apparent murder in his home of Fahim Saleh, the founder of Gokada - who I got to know after his speech when Lagos banned Okada in some parts.

It is not easy....
We live in evil and dangerous times....

Look carefully then how you walk, not as unwise but as wise, making the best use of the time, because the days are evil.
EPHESIANS 5:15-16 –