yMcy56:

Lol.
Hope you can read Peter's testimony.

You know an adage which says: It's better to try and fail than fail to try?
Overcoming the fear of failing is the first step to success.
Ponder on it boy.


Just ignore him Sis.

Lolllllllll Peter just making money since 23yrs on NSE? Has NSE got to what happened in 2018 when GTB got to around N50 and zenith around N45? And is just having testimony now? You guys are so funny. Am not even talking of 2008 cos that one na pure pump and dump

Ginalex:
Baba keep chut biko disrespectfully

Snub

yMcy56:

You're definitely a small boy..
You better calm yourself and learn from the elders in this biz.

U don't even know the person u are talking to u are too small to me in this game, u will run commentary tire. U think pump and dump stuff is what am talking about? Those motivational talk you guys gave to people and they kept buying at any price and u see yourself as champion? Those that bought uba at 13.05 zenith at 35+ GTB at 37+ access at 17 what is the results? Una go average down tire u think those guys are on NSE to joke?

yok:
I AM ENJOYING THIS MARKET
Market is up today again. I have not seen the result for ADOBE yet, but from the movement in the maket, it seem 'O TO DOBE " it has become soup (to speak in yoruba). So we continue our AI ride.

For those who may be late, sorry oooo, we can get down from the bus at any time we are tired of tge ride.

j

.

ositadima1:


So, according to you, we should all sell our holdings and stop investing until your predicted generational low is over. Are you waging this restless campaign out of the goodness of your heart, as Mr. Very Nice Guy, or do you want to use NSEMPA liquidity to crash the market, kpata? Is that even possible?

USA stocks tanked yesterday, but it didn't show on the Dow Jones, S&P 500, and Nasdaq. How did that happen?

Oga face your holdings and hold it tightly na pull back whatever you like do with your holdings ooo na your headaches oil is going to $95 according to you so hold your kaya

Yoast:

Be waiting for generational low while guys are making money.

Ntor I complained to u? Sombro!

ebuka1997:
Will foreign investors return

They will come back but in my view not now even in their home countries they are having issues. The problems wt most of us is that we are concern wt only wt Nigeria alone. Yesterday US stocks tanked seriously when FED announced they will hike rate more next month and they will still issue 1 trillion bond to the market oil too not smiling so if they come wt no enough revenue from crude how will they repatriate their gains? And can u leave a sure TB and invest in a risky assets? The other time airlines have to protest before CBN gave them $250m to repatriate part of their money

Yoast:
Pull backs are opportunities to buy, but it may take a few days/weeks

yes!

GANDALF1:


And if they offload, what will they buy with the money?

You don't seem to understand what is already happening in the economy.

This float announced by the govt yesterday is going to lead to a serious devaluation of the naira in the short-term until FPIs are convinced that the government is sincere and not like Buhari.

then the inflow of dollars will be massive and most will go into stocks.

Assignment for you: Go and research the effect of devaluation on stock price and the best asset class to hold in the face of impending hyperinflation.

Forget that talk bro, u never see anything devaluation happened around 2013/2012 oil tank what happened to market? Same repeated in 2015/2016 what happened to the market? Go and research that too an assignment for u. They will only manage the falling till they are done. Book mark this.

Opportunity to buy more oo index heading to 90k. PBAT not here to joke. Joke apart for those who cares to listen those guys that have been accumulating all thse while this is the time for them to offload and they will be managing so the price don't drop any how so don't be deceived ooo much offers coming na pump and dump. Let me add this with the weak price of oil we are going back to where we started the race

Krisuba:
Just grinning from head to toe. If I decide to sell now, I Kno how much profit. And somebody want me to stay away from d market. I die inside.

Yes oo is better to die inside gallantly than to be cowards ooo support u

thesilentone:
With the market in a BUY BUY mood - remember, there is something called selling into strength.

The market exists to transfer wealth from the many to the few. Be the few in this season.

Agreed wt u, one happened in 2016, another in 2020 those are the real wealth transfer periods. If Oil tank well another one loading.

otokx:
Which dividend paying stock can one look to currently?

Buy all the fugaz but left for me stay off for now those FB will go wt time. Those bought low will surely bring out to dump on the impatient ones. Oil is falling if it continues to fall NSE will fall too. I could remember my formative years during analogue brokers time any time price rises like this I will tell broker to quickly buy for me only to see price goes negative the following day.

naturalflow:
"have you received your gsk dividend?" Yes.A typical example of the monkey trade going on.we told them then if you are buying GSK above 7 you are on a long thing,them no agree.dem sell white monkey give you?

albinos or Whites? Plenty bags go full with monkeys ooo

egojeny1:

Ok, maybe I didn't get him. I thought he said 'any new deposit made' but in my case I didn't make any new deposit.
Ok will check again tomorrow morning. I've not really understood how the whole thing works

Be calming down brotherly it will reflect around 9-10am

ositadima1:


Have you taken a short position on crude oil?

Stories ooo As Saudi cut production as you said làst week see oil at $95

locodemy:


Oga anyone who is trapped in this market is a greedy person.The person deserves no pity.

Master himself

owolabi5:


When the bosses were telling you how unpredictable the market can be, you claimed to have mastered it by being smart .

Although you never saw this bull coming but you are so sure they will be slaughtered by the Bears. LOL!

That time is left for Mr Market and Time to decide, creating unnecessary panic won't work oooo.

Oga face your warrant oooo I never complained to you and more over this is a SM nothing like creating panic nothing like panic what will be will be oil will tank I still maintain my stand on that and many will end up having lots of monkeys in their bags so don't direct anything to me am not creating any panic and if I want to join the bull u are talking about I would have since and still have 40% returns on my investment but am not interested so forget about creating panic. I Never directed what I said in particular to a particular person so face your bull ooooooo

locodemy:


Sorry you didn't make this announcement on time.
We the newbies would have listen to you but it's late now.
We are already counting profits.

Loco I no dey talk to you ooo u be prof in the game na the people wey u wan hand over monkey to I dey talk to ooo

Newbies buying Kobo Kobo stocks, watch well ooo those stocks may not escape their 20kobo in the long run. Make monkeys no full all your bags oooo

OneCandleAway:
They all make sure theu keep records of the evil deals their enemies are into. So if you want to show yourself and start investigating or persecuting them, they'll just open your file. That's why Tinubu can't probe buhari because buhari already has Tinubu file of corruptions.
That's why when Buhari just entered and was behaving like he'll probe IBB, that one just let him know he has all his secrets on file.

Did Buhari probe GEJ?

ositadima1:


I doubt that the USA wants to crash the price of crude oil. If they did, they would have taken that approach to hurt Russia and Iran. The USA is also the largest crude oil producer in the world.

Regarding Iran's crude oil production, Iran exports crude oil to China, rebranding it as crude from other countries to evade sanctions. This is why, despite the sanctions, Iran is still doing very well. I heard that they unveiled their own supersonic missile last week.

Do your research well the price must go down to refill their reserve, presently US economy is in disarray forget about stock market doing 52 weeks high to me is a bull trap but on the whole US economy is not smiling. They have to buy oil at a cheap rate to refill their reserve. Also, demand is so low when u look at economic data coming from China so the possibility of oil going down is there. A particular news came out as regards Iran on Thursday and oil tanked from 77- 73.83$ before it recoverd back to $76+. Anyway, is a game to me which I like to watch daily.

pluto09:



It is not the daily fluctuations of oil price that affect the NSE.
NSE, most times responds to a sustained drop in price. As foreign earnings drops, the effect will be visible on our foreign reserve.. Anything below N30 billion dollar in reserve will most probably have an effect on exchange rates and almost every other things.
Having said this, I think the dynamics of NSE have changed in recent years. We have more local players than foreign which is a major factor on how the market now responds to external shock.

Can the locals bid prices like the way FPIs will bid ?

Streetinvestor2:
I don't believe oil price has anything to do with nse stocks. Why didn't we see the effect on nse when oil was 70 ans above. The management of the economy is what I believe reflects on nse since the market became dominated by locals. What matters is businesses doing well, producing good results (not audio results).And rewarding investors via good dividend or bonus. And all this will happen if the economy is doing fine.How about if the country was not producing oil. We have many other way to generate revenue for the country .If oil like let it go to #20 ,Zenith with dividend of #3 plus will not go to #5..That is only possible if we have ww 3 or something worst caused by nature

Then on a serious note,no government in nigeria can be worst than that of Pmb.Though I am not a fan of BAT but I know he will be 100 percent better than pmb because he has business interests in the country .

The market will still tank but not the generation low as I dey hear for this thread. Corruption is what is killing the country and pulling everything down.

Bro let me shed little light on this, our current budget is pegged at $75pb so if oil tank to let say 60$pb and was sustained for long time like 6months then then FG will have deficit in the current fiscal year and if it tank further more heat for government to embark on more borrowing to meet up with their fiscal responsibilities. Now as regards it effects on NSE it will not be felt if the price didn't go down well like 50-30$pb and when price gets to that level NSE will feel it irrespective of N3 paid by zenith Bank. How? Now most tier one banks gave out loans to oil and gas industry based on the fact that oil prices would be stable and if oil goes down well and stay there for a while then fears of NPLs hit the market especially the banking sector then investors start selling as it happened before I think around 2016. Part of oil and gas loans is affecting FBN till date, UBA has given loan to TE for his oil well and transcourp oil well then when oil tank proper and stays there for some time then fears of getting money back set in. Another case is Oando that got massive loans to buy ConocoPhillips assets thinking oil price will continue uptrend but tanked and the price has not gotten to that level again when they took the loans. Another aspect is FPIs, if oil revenue dropped there will not be dollars for them to repatriate their gains cos as they come in they are also wants to be sure they can repatriate their gains back and they know is only oil that we have as major source of our revenue so as it drops it sends red flags to them. So forget about N3 dividend when everything scatter no one cares about they dividend again except we of small money. Oil will tank I still maintain my stand on this. China data is weak as regards their economy so the demand from them is low Saudi cut production yet Brent is struggling hard to rise now if US lift sanction on Iran to sell their crude then SS outweighs DD forcing price to go down. My own level is $45-40 before it rise back

Streetinvestor2:
Are we still seeing the 65,000 at the end of the Yr.When Pmb came into power most things whr attributed to his body language. When BAT was sworn in the next day nse was on 5 percent breaking record on all media. I ask what is happening after a day ? Has the body odour vaporised?

Lolllllllll.... Finger crossed. Me am expecting 90k

debeey87:
Off all these downstream companies asides Total, my money is only on conoil considering their Q1 eps. I don't know how eterna that paid 0.15k will justify over 12naira share price and counting. MRS that can't even pay anything out of their over 3naira eps is trading over 40naira. Like some people have said, let the corruption go round.

Alot of manipulations going on.

Illusionale:
For absolutely no costs whatsoever. No hidden fees, no courses to purchase;
You can learn about the basics and intermediates of investing in the stock market.
I have taught several people to invest, provided free mentorship to colleagues and total strangers on said topic. You stand to absolutely lose nothing at all.
Message me 09154619520.
Do have a wonderful day

Guy u don miss road ooo for here? Where we have professors and PhD holders in whatever category of investment you can think of. U better join the forum to learn more so u have more to tell your followers.

Streetinvestor2:
Oga so you are right.That is very funny. I sabi jegede pass as you think.My only regret was when an insider told me to sell those days at #11 plus and I didn't because of emotional attachments to any investment I made during my early yrs.Japaul na big scam

Serious big scam.

locodemy:
Huge offers appearing and disappearing.
Panic sellers like me beware of this.
The market feels to rally but some hands are suppressing it causing panic sells.

Lolllllllll, Don't you think they will all go back to pre-euphoria level?

Agbalowomeri:
But then, it appears that oil price has decoupled from naija stock exchange unlike those days when both were reasonably positively correlated. But maybe a dip to 50 or below could start impacting on the market.

OPEC cuts take sometimes before the influence is seen on oil price

It will surely impact on the market as we saw it in 2016 but the extent is what I don't know.

Chikebrain:
Just wondering why Money Market interests are on the rise (Stanbic and FBN is about 11.03% )and Treasury bills percentage interest is dropping

They invest in CPs and Bonds, some of these stuffs are up to 15% interest yield

Agbalowomeri:


How about if you are the one that comes out wrong? In this market only Mr. Market is right

Noted