emmanuelewumi:



Not liquid, but gives predictable dividends twice in a year.


The Architect who introduced UPDC REIT stock to me 5 years ago, will go home with a dividend of N3.2 million today. Not too bad for an illiquid stock

Agbalowomeri:


Hopefully it's time to chase Airtel

emmanuelewumi:




Some prefer to do dangerous play or JIJO with the predictable dividends from their investments, if they lose money they are sure of getting another fund to play with in another 6 months to 12 months

Zagee:


Well said.

But all right policies are expected
to De-value the naira.

Nigeria is in one big maze over the next 12 months. And I see only the financial markets winning. Sadly, that's not all what constitute the Nigerian economy 😢

lancee:
When u sold this morning and are thinking you booked a nice profit , then market recovers

Would u wait for a more pullback tomorrow or you buy again at same price u sold

stockbroking fee **


Holding most of my stock i bought low for now

BabsO2:


If the issue of security is resolved over the next 12 months, the commodity boards (the president talked about) kick off effectively and efficiently. The non oil export growth that can be seen in CBN data of the last couple of years will rise with a greater incline. The people and not only the markets will surely benefit if that plays out. As states and regions start exploiting their comparative advantages more aggressively for local and global consumption. Lot's of people like that guy with the vision of planting cassava will surely benefit. But some LPI's and FPI's who positioned early will reap more Essentially when they book profit on those who come very late to the party

yMcy56:

Jagaban don bring you out.....E Ku plenty days o..

* T+3 is talking about cash settlement date...when you sell and wish to withdraw from the amount into your bank acct...OR, when you plan to buy before qualification date.
* If you sell a day before markdown, you WON'T qualify for Dividend.
* To qualify for Dividend, you have to sell after final qualification date.

yMcy56:

Oga shey you dey take people play ni?
Don't seems to understand you....but in whatever, pls don't confuse we newbies o.

One thing I know is that some of these stocks were analysed and are FA healthy....even TA wise, they are looking up according to charts.

The penny stocks are holding up....... it's mostly banking displaying at the moment...

I sha know say time never reach for Oga Oracle's prediction..... we're still watching the wonders of Mr. Market...

One of the things causing positive reaction in market attached:

thesilentone:
Games that people play.

phoinix:


I invest for dividends and long term capital gains. I try to buy low and hold for long. Can trading with 3M cover rent and school fees, I just need 1M yearly. Or should I increase a little.

phoinix:


I invest for dividends and long term capital gains. I try to buy low and hold for long. Can trading with 3M cover rent and school fees, I just need 1M yearly. Or should I increase a little.

BabsO2:
Perhaps FPI are taking positions. In a couple of weeks, NGX will tell us the split in FPI and LPI

yMcy56:
ASI still closed +ve today despite the red witnessed..
* ACCESS again topped the volume table with 98M+.....
* Guess we can conveniently say: "Hold your ACCESS tight if you have it"... something we don't know yet is happening behind curtains......
** Let's keep watching whatever they're up to...

Mpeace:
The bank has progressed seriously and in a short time might conveniently challenge the likes of Gtb and Zenith at the very top.
In q1, there Eps was less than that of zenith with just 4kobo, and over that of gtb by 2kobo.
Access bank should be up there. They only need to be more prudent.

naturalflow:
Tinubulllllllll!https://www.nairaland.com/7710885/cbn-devalues-naira-630-1

toyeoye:


What does this mean for those saving in USD?

Zagee:


Official rate and black market rate will meet at some point(Unification). Unfortunately, its not happening soon as we don't have enough USD reserve to defend the naira(Even with Dangote's refinery). If you're thinking of bringing in your USD into the country, you should expect your yield on whatever naira venture you want to go into to be moderately high on a long-term basis. Else, its not wise saving those funds in any Nigerian bank.

*I did not advice you, I only made a comment.

toyeoye:


What does this mean for those saving in USD?

naturalflow:
it means that your USD under your pillow should be brought out now.At 630 all foreign port investors waiting outside are coming back to naija with their dollarsssss,USD everywhere,NSE becomes point and kill.shallom

Zagee:


Official rate and black market rate will meet at some point(Unification). Unfortunately, its not happening soon as we don't have enough USD reserve to defend the naira(Even with Dangote's refinery). If you're thinking of bringing in your USD into the country, you should expect your yield on whatever naira venture you want to go into to be moderately high on a long-term basis. Else, its not wise saving those funds in any Nigerian bank.

*I did not advice you, I only made a comment.

ositadima1:


I believe that the black market price of the dollar will come down to match the official price if the CBN opens up the foreign exchange market to all who need it. With the removal of fuel subsidies, the CBN can defend the naira at that price. Defending the naira at N461.6 is much more difficult than it is at N631.

All is not lost yet, and these moves can make us better or worse depending on how the new administration handles other factors.

LordAdam16:


CBN has tagged that report as Fake News. Like literally.

https://twitter.com/cenbank/status/1664188877555355654

I still think this is a "where there's smoke..." situation.

It may be wise for those with huge $ holdings to shave off some of it. Buy back after the rate merging is complete. Tinubu has said there will be a single rate and that will happen in the near term. Rates fell as low as 705 in the black market amidst the panic. It's back up right now. But this is a prelude.

When it rains, it pours in the parallel market.

-Lord

EDUECO:
Today's trading would probably end bullish.

YoungBuffet:



Yes people should buy and buy targeting index at 90,000

EDUECO:


If the right economic policies are implemented by this administration,90,000 would probably be achieved in 8 years time.

naturalflow:
it means that your USD under your pillow should be brought out now.At 630 all foreign port investors waiting outside are coming back to naija with their dollarsssss,USD everywhere,NSE becomes point and kill.shallom

YoungBuffet:



Yes people should buy and buy targeting index at 90,000

toyeoye:


CBN has debunked but it good there is a heads-up it might happen soon

LordAdam16:


CBN has tagged that report as Fake News. Like literally.

https://twitter.com/cenbank/status/1664188877555355654

I still think this is a "where there's smoke..." situation.

It may be wise for those with huge $ holdings to shave off some of it. Buy back after the rate merging is complete. Tinubu has said there will be a single rate and that will happen in the near term. Rates fell as low as 705 in the black market amidst the panic. It's back up right now. But this is a prelude.

When it rains, it pours in the parallel market.

-Lord