₦airaland Forum

MARKET UPDATE 24 April- NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
For the Nigeria market, unstable oil price is likely to put a cap on the upward movement of the market. But for now let us see how far the earning season can advance those stocks with good performance.

Today we want to view another stock that the earnings may not be fantastic: OANDO. But some oil stocks will still do well in their match result, like ETERNA. Our Caucus message have more details on this.

From our side the UBA report is below expectation. Generally core banking stocks are currently losing some grounds to FinTech. For urgent cash need the fintechs seems to be better especially for the market women and people who transact businesses with moderate amounts. How may times have you experience bad network from a POS operator such that you left without doing your transaction, likely nill (the POS will have about 2 of 3 service providers for which one must work), for some bank branches ATM not able to dispense cash/no network is fairly common, especially in areas where there are low income earners, I don't know if the bank branches are doing it deliberately e.g in Oshodi. So, if the banks are not experiencing outstanding performance we should not be surprised, and some part of this is self inflicted by the banks (some people may not need to visit bank for a long time, especially if you are in an environment where cash changes hands rapidly).

ELON MUSK SCORED F9 AND MARKET NOT READY TO PUNISH HIM
What is this, market is doing ojoro or favoritism. Tesla is among early gainers for today. So Elon is already singing go and son no more. Let us see if market is truly partial, next one week will show.

I saw on Nairaland front page that result went down 71%, is this stock suppose to be gaining? Fundamentalists over to you.

HELLO ALL WELCOME TO ANOTHER INTERESTING DAY
Today will be another green day. Let us make us of this bullish trend. Buy quality stocks that can withstand the trying time which will always show up. We should take risky trade with only a small portion of our portfolio.

Today is not a day to be too technical, but technical is the good market timer. Members message has shown the best stock for the day. Attached is the sector performance for yesterday l, but we may discount this as the market is just waking up and most stocks will rise.

Wishing all longevity in this market.

22 APRIL 2025 NIGERIA MARKET UPDATE WITH SOME GLOBAL PERSPECTIVE
Market was fair for the day just in line with global market perspective. With oil as key factor and US/China factor holding down oil price, now with Trump likely confirmation of soft pedaling on the feud, we should see more green days in the market.

Indices wise, Consumer goods sector was top yesterday followed by Insurance . Looking at our proposed trades our of our list, UCAP should be one of the stocks in focus.

The likely performance of the banks looks somehow,it seems the fintechs are taking away more business from the banks (surprised that for 4the QTR 2024, looking at the 3 months alone, FCMB made a loss (likely due to loan impairment provisions), no wonder for March 2025 we see a lower figure compared with the 2024 figure.

We have updated the profit forecast for NAHCO and FCMB. FCMB will likely see a lower Profit in March 2025 l

TODAY IS LOOKING GOOD
We should still be on our guards, let us remember TSLA result will be known tommorrow and if it is bad, it will drag down the market. The only saving grace will be Trump coming out tommorrow to probable announce a reduction on China Tariff.

We fold our arms. Let us see what tommorrow will bring.

123ABCXYZ:
Are any of the NGX index listed to trade anywhere?

Shocked to see what the Nairaland bot banned many time now appearing as posted is embarrassing!!!I made only 1 post!!!

MARKET TODAY IS LOOKING VERY CHALLENGING

For today,buying something that is safe is extremely difficult. So best option is to stay out of the market.

*WEEKEND GIST- NIGERIA/GLOBAL MARKET AGAINST 22 APRIL 2025*

Nigeria market was down for last week, but the new week may change the story. Also as we have emphasised, our messages will try and point out the best stocks, equally some of the information contained in our messages like the profit forecast are very important, users can use it on their own to discover good stocks, we pointed out Nigeria Breweries as one of the stocks that will have a good March 2025 result, this was confirmed by the actual result released during the week, we expect something similar to this from VITAFOAM among others. For the full information let us check our profit forecast (we are adding more companies by Monday)

Another point we want to emphasis is that the banking stocks are not likely to show substantial good performance in 2025, that will be in tune with their capital base after raising new money recently.

For Nigeria market Consumer goods sector was the best indices for the week, the following week, we should see the oil stocks improving as the price of oil improved in the last 2 trading days in the global markek.

So let us look forward to next week with some level of optimism that we may likely see some recovery in the market.

Wishing everybody happy holiday. On a closing note,for those of US in Nigeria, we see what is going on on the CBEX matter, the market is not easy to trade, (for those in Global stocks) if an investor bought JNVR and made profit of about 75% in 2 weeks, but about the 3rd week the stock dropped by 30%, so we can see that making profits of 100% for every month consistently is not possible (a fund making 25% every year will rank amonthe best in the industry), so where will 100% increase on our investments come from?

Market Update 21April
The athmosphere is filled with risk. Today is our a day for blockchain stocks. Gold continue the uptrend and oil still lagging behind.

The tariff issue is still unsettled, Trump is holding the whole world by the throat, if Trump soft pedal on tariff, we may see the bearish trend fading away. For now we should focus on quality stocks or stay away from the market.

*WEEKEND GIST/EXPECTATION FOR THE NEW WEEK 22 APRIL 2025*
For the Global market, the atmosphere is still cloudy, we don't know if Trump will pull something new out of the Tariff hat of tricks (wonder how one man can be holding the whole world by the neck like this?). However, there is definitely more pressure on him and everybody is putting the blame for whatever befalls the dollar as a currency/ the stock market on his front door.

So for global market we should still be in risk off mode, only buying the best of stocks. The new week is a week or reckoning for Tesla with result expected after close of market on Tuesday, there is high probability that the result will be a bad one, so we continue to say Tesla is not a stock to buy for now.

Which stock are we buying on Monday: For Monday we continue to focus on blockchain stocks (list for Caucus members only). Also, in the medium term , Oil stocks should do well (AI requires a lot of power, this is part of the reason that the American Government has not been able to enforce the restrictions against Coal stocks,equally this week the oil Companies added more rigs to their operations after some period of inactivity).

Wishing everybody happy holiday. On a closing note,for those of US in Nigeria, we see what is going on on the ponzi matter, the market is not easy to trade, if an investor bought JNVR and made profit of about 75% in 2 weeks, but about the 3rd week the stock dropped by 30% , so we can see that making profits of 100% for every month consistently is not possible (a fund making 25% every year will rank among the best in the industry). So where will 100% increase on our investments in one month come from? It is cannot be possible on a consistent basis.

MARKET ROUNDUP WEEK ENDED 17 APRIL/PREPARATION FOR NEW WEEK
Let us not be discouraged by the current uncertain market. We need to continue monitoring the market.

Now our indicators are less useful, but we still need to continue using them.

For Monday we will get an update on Trump Vs China and Temporarily whatever happen to this will move market direction. But there is no way Trump will not sift pedal. His followers are backing off one by one. For example NVDA CEO had to go China to do marketing due to tariff induced likely loss of business.

LOOKING AT SECTOR performance, Energy and Real Estate were best performer last week. So opening of market on monday we should be on the lookout for Oil stocks.

Market close on Friday 19 April to open Monday 21 April

Market Update 17 April
Trump played the spoiler yesterday. Today the bulls making another attempt. Today's market should end up green.

The slow market has made us to limit number of stocks in our watchlist. Our watchlist in the Caucus remains same.

Market Comment 16 August
The Global market is getting messy on Trump China Tariff.What can we do.

For now we should slow down, be very selective in our stock picks. The market going down is not favourable to Trump and the Ruplicans as a party, so by hook or crook I know Trump must fix the mess!!!

Again Chaka fall my hand again. The platform does not have BWLP (BW LPG Ltd). I have sent them a mail and will continue to mail the platform.

Today is looking better/Trading Penny stocks /CHAKA'S Platform is back

Today will likely be a green day. In our Caucus we have already talk about stocks we are buying.

I like the Guy that talks penny stocks here. He said he buys shit stocks, but he holds them for a very short time. So please let us underline short time, Aremso is good in what he does. So taking his advise do not buy penny stocks and do buy and hold.

CHAKA'S Platform s back today and working fine as at this morning.


Wishing everybody a good day. Some premarket figures are shown below

THIS IS A GOOD QUESTION

You actually say what is in our mind. All these people that are attacking each other have made the forum to be less reliable for news. For me, I just visit my regular forums (so only our various forum is making us visit Nairaland everyday) and I am off.

Please you need to be banning all these people that are attacking others. Especially when people are saying what is obvious about the difficult things in the Country: Light is worst,things are abnormally expensive etc. Then people supporting the Government will come and say it is not True, so all these Government PR people need to be banned more frequently.

Thanks.

WATCHING PEOPLE GETTING INTERESTED IN GLOBAL STOCKS AND MAKING LOSSES IS BAD- THIS MAY BE THE SOLUTION
Just finished reviewing some charts. And I was sad when I saw one of those stocks, I used or wanted to buy in those early days of this forum, but somehow I have outgrown this obsession with penny stock.

The stock SBEV is going into liquidation? Very sad, it means some people's money are going down the drain again?

As we are coming back, please let us know whom to follow and take trade leads from, even in the trading platform to use. If you see anybody suggesting anything here, go to their profile, check what they always post about and see if they are good I global stock. Only take their advice/idea if you see that Global stock is the are they are good at.
. If you are using Chaka, they have been down since yesterday, I have emailed them. I am sure the platform will come back again. And if anybody is having any doubt, company is registered with Nigeria SEC, and if they decide not to do Global stock again, your account is likely to be transfered to another stockbroker. So, we need not panic, this forum is not those Ponzi investment scheme (Chaka should have apologize to us for being down, here again we see the Nigerian business mentality at play).


For today. I have no option but to give a free stock picks. It may not deliver immediate gain,but you will smile latter. BWLP is good, stock is bottoming and always pay good dividends. The company is doing stock repurchase to reduce their number of shares.

Wishing all the best.

TODAY I AM HAPPY
When you execute your trade as planned,it feels your heart with happiness, it does not matter whether you gain on loose. The fact that we never let anything distract us was a good point.

WELCOME BACK TO ALL
Today the bulls are returning to the market.

This week should be bullish,there is no big news and for Tariff, the worst has happened.

Today is a day in the Caucus we are mentioning a fairly new stock that is a crazy mover, it is like our coffee can stock without the dividend side, but if if moves more that 20% before market opening we will shift to another stock in same industry temporarily. For our reference stock 20 to 50% move is normal.

We wish all a profitable week. And again I will pay homage to our GO - OAKPEAL, wishing him the best. We continue to keep the flag of this forum flying

sirBLUNT:
I will like to open a stockbroker account, which stockbrokers will you recommend in nigeria?

For Nigeria stockbroker recommendations: Morgan Capital is best for now.You can check NSEMPA forum for confirmation

We should expect a fairly stable market today. Inflation report to slow down the bears

EARLY MORNING MARKET UPDATE 10 APRIL
Market starting today on the bearish side in line with the norm that computers must take profit the following day after a previously bullish day. Also today and tommorrow are for CPI/CPE (inflation related reports), each coming out just before market opens.

For now, the News is mainly Trump and his Tariffs and unfortunately we may not predict when a Tariff retaliation will come up. So, we are subject more to news now.

Sexybeautiful:
Please which is better spp for investing? Trove, bamboo or chaka?

Please all these APPS you mentioned are becoming old school. Better to chose zero commission Vest investment, check previous post and see how you can register with vest. Deposit in Naira, withdraw in Naira, welcome gift if you deposit a minimum of $100 equivalent and you will get 3 weeks mentorship plus Caucus membership if you use our referral code: kelani0377 But if you want to go old school way, better chose Chaka as the commission is lesser.

CHINA IS PREPARED TO DEFEND THEIR ECONOMY AGAINST TRUMP TARIFF
The Chinese seems to have the best response to Trump Tariff. They have planned for stimulus packages to protect the economic well being of their Citizens. So they rolled out some plans today. See the details here: https://www.investing.com/news/stock-market-news/uslisted-china-stocks-jump-on-fresh-economic-support-signals-3975976

Now the ball is in Trump's court to roll out the stimulus for the American side? We will stay aside and watch the game unfold. Looking at this Tariff war, it is nearly impossible for Trump to win over China. For example, immediately the Tariff talk Start, US importers like Amazon were already talking with Chinese suppliers to bring down the prices of their goods above the normal level in order to reduce the impact of the Tariff!!! So, how Will Trump win in a game like this, when the American importers are ready to do what look like back stabbing!!!

Premarket is looking fair today (see extract below)!!! Discussion on the Caucus today cover the question that in a falling market cans some class of stocks go to Zero (stocks like NVIDIA, PLTR, MSFT, META etc, answer is no, so if we hold such stocks, in case of a falling market we can do Dollar Cost Averaging (DCA), but if you are in penny stocks sorry don't do DCA when market is falling, just get out and activate your stop lose.

STILL LIVE THE GLOBAL MARKET/THE US SYSTEM
Trump tried to be a dictator, however the reality that he may loose support will soon be clear to him. Thus, he has no option but to soft pedal on this "Liberation Tariff Matter". Market changing latter in the day is due to rumoured postponement of "Tariff Implementation date".

It is possible before the final implementation date that Trump will bend to some advise from the good people of Us. For now Elon is distancing himself from this Tariff.

But what do we do in the face of intending danger of the market going down, we reduce our exposure to the market/decide to play on the shorting side. But again we will say shorting is for the experts, we need to be fast. However best option when market is going down is to stay away from the market.

This we pull out our dividend for this week (see the list below), we are likely to move some of our money to Ves, Chaka does not have inverse ETFs to play some hedging/insure our portfolio in cases where things become too different difficult. Therefore, we need to have account with Vest for more stocks and zero commission.

Wishing all the best. Now the NQ is in green for the day!!! But this market was really scary earlier in the day.

HAPPY WEEKEND TO ALL
We are still alive and highly optimistic tat market will Turn around. I went to look at the Trump Reciprocal Tariff and I can see that although controversial, but it is fairly objective, purpose is to ensure that those Countries deriving surplus from US trade relations must pay higher Tariff. But th part I don't like is that Countries give trade surplus to US should have been spared (like Saudi Arabia, will check again to confirm), more if Saudi is having surplus on trade with US then Tariff should be higher.

Okay some reason to be bullish in this market;

- More rate cut coming
- Stocks are trading at a discount (PLTR &co). We can buy low

At the Caucus. We are going to start focus strictly on the purpose of investing. Why investing (why are we spending time in chats, courses, subscription, data etc). Be able to generate money in the future without putting in additional work? Can penny stocks give you this, can you have money at a time like this (market is down, stocks are falling)?If you are not working can your investment give you money like collecting rent (landlord build house 20 years ago, but still collecting money, may not even be doing any repair on property, but rent must continue flowing). So our focus will be on stocks like this, only about 2% of our Portfolios will be for risky stocks.

We would continue our posts on the above line. Happy weekend to all.

MARKET is burning today.

dgitrader:
Is the naira withdrawal still working sir

The withdraw direct to your Nigeria bank account is working. It was introduced recently

MARKET UPDATE FOR 3 APRIL 2025
Today nearly every stock will be hit by Trump tariff. Except the Labour report comes to the rescue of the market, today may see the worst fall in the market.

For our caucus, our current play stays. If the market falls, it is okay, we hold on and we should know we sholud tilt more to the value side. More update in our message for today.

Wishing all safety in this market.

N:B- With this tariff come next election high probability Democrats will take over. Trump will have too many enemies to contend with, Elon Must is not likely to even give strong support to Trump again, the best he will do is just to stay neutral.

Zooposki:
You don’t mind the government taking a large chunk of your earnings, aka 30% via the dividends?

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This is the standard, there is no way out. A good stock will continue to deliver and with time will become like free money