Streetinvestor2:
Can't one choose to go private with them .I bought then at #20.And will buy more if I see it at #5.I want to benefit from the corruption oh

yMcy56:
New Incoming Admin:
- Over 65 countries to be present for the inauguration...
- Tony Blair visited the President Elect, Bola Tinubu at the defence house in Abuja to discuss area of mutual interest...
- More support, economic and investment allies coming from different countries...

France declares economic and investment ties with Nigeria:
https://nairametrics.com/2023/05/24/france-declares-to-continue-fostering-economic-and-investment-ties-with-nigeria/

Ginalex:
I've been jumping in and out and booking profits

GreatEko:


2,063,484,991 units

Dum20:


Well you have a very valid point.

One of the ways the US used to make countries to comply is to change the government. How many governments can they change now.

But i believe the US know what they are doing, they also have their simulations and know when the threshold will be reached and take countermeasures.

But in all this, what is an investor in Nigeria to do?

With Nigeria volume of debt and all, will this favour Nigeria?

RabbiDoracle:


There is a difference buying yuan bonds and then storing Nigerian reserves in yuan bonds(automatically in Renminbi).

But in this case, it is about paying for goods and services in local /regional currencies as against buying dollars to buy the goods.

India and Malaysia are using their currencies to exchange goods and services.

Sri Lanka will be buying oil using their national currency from Russia.

Totalenergies bought 65,000 tons on LNG from UAE using yuan. Never done before.

This isn't about buying Chinese bonds. This is about exchange of goods and services in currency that is not USD.

If you listened to Marco Rubio (US senator) yesterday, you will understand what he is saying about trading outside USD as he complained about Brazil wanting to trade with China in yuan and Brazil real.

And this move is the currency war where surpluses are no longer rolled into US and EU treasuries thereby creating the losses seen in western banks and other non-financial institutions.

yMcy56:

Oga leave story make people enjoy their hard earned dividend first........
Na practical dey reign now, theory fit follow or unfollow after.....

Na so you carry theory missed the bus @1.50k.

Ades1:



Granpa ran out of the room so fast, he almost forgot where the door was!!! The USA is in trouble, this has to be the most inept administration ever! I thought the last admin was bad, this one is way worse!!!

Harvestock01:


Taking the Nigeria way/route by registering as her is unlawful. The right thing to do is to approach a high court to issue a letter of administration with which you can recover all her/CSCS unclaimed assets including shares. The registrars and banks will lawfully provide you with all her statements of accounts.

essentialone:
Transcorp Plc, just seriously fluctuating its price up and down. What's happening on it ooo?

dongallant5:
Actually that's true I just checked and the order was actually for 7 days. That's why I need to change my broker.Trades don't always get executed timely on Meristem gotta always keep reaching out to their customer service maybe it cos they have lot of clients.

BabsO2:
Transcorp had it's meeting last Friday that approved it's AR and planned to issue it by 1st of May latest. What's holding back the publication. A change in direction ? What change(s) ?

Willie2015:
. Earning season.. New President Elect and Anticipation of Q1 results are good signs....

igbizen:
All CBN policies will be reversed.

beejay1:
Nobody has the monopoly of madness...if you do not see opportunities in the market, sell off and take a walk, rather than trying to cause panic and convince others to cause a forceful sell off of the equity market (just because your supposed savior did not win).

I am of the opinion that the country will excel, if we see ourselves as stakeholders, advising ourselves to do the right thing....no having a figure head and saying without him or her we cannot excel (note, i am not discounting the importance of a good head). I have been disappointed too many times with supposed savior I voted for, to be bother by who is elected. one man cannot work magic if the people he/she is leading is flawed.

How do you explain Nigerians charging 1000 naira for every 10,000 naira collected via POS....is this the fault of the president? Shouldn't we help ourselves by ensuring the money we collect from the bank is circulated, while charging our normal 100/200 naira per 10,000 collected? We are our own worst enemy and need to love ourselves more and be loyal to the motherland.

Nigeria will succeed and we will continue to make money in the NSE. Feel free to JAPA if you are not happy that your savior did not win.

Apologies to all if I may have derailed the thread with my rant, just needed to respond to those who want to create a panic in the system.

https://www.nairaland.com/7589067/nigerian-bonds-post-huge-gains

Willie2015:
. You are a honourable member of this house. Let's keep the discussion strictly to NSEMPA.

BullBearMkt:

The-Rugged-Prof nice to see your chart pattern

sky2891:


Please, what do we expect?

BabsO2:


1. Based on last year dividends FCMB distributed about 20% of earnings while UBA did 33% resulting in FCMB dividend yield of about 6.6 and 13.3 % respectively. Thus for dividend returns UBA is better.
2. EPS for FCMB and UBA has been up and down over the last 5 to 10 years but both are trending up, with UBA appearing more robust in trend. Perhaps because it's tier 1 bank while FCMB is a smaller bank.
3. Cannot comment much on this right away.
4. The relative more appreciation of FCMB you noted is not under-pinned by something enduring that i see. Hence will very likely not continue. Rather it makes UBA more attractive for entry right away.

My major consideration is current dividend yield. Based on current prices of UBA at about N7.50 and FCMB of N3.00 expected dividend yield are 13.3% and 6.7% respectively. That difference in dividend yield is Huge. Also I estimate UBA and FCMB earnings per share yield based on these same prices at the end of the year will be 42.6% and 34.9% respectively if earnings of N3.2 and N1.05 are delivered just like the last audited results. Hence UBA will give back more money immediate in dividends while growing ones underlying investments at a faster rate.

Paulejofor:
I want to say a big thank you my business coach , I now make 400k monthly investing online

https://www.instagram.com/reel/CfgDO7qAqTg/?igshid=ZDc0MTNkNmI=