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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 9:49pm On Jun 01, 2016 |
PETERiCHY: Peterichy d prophet don show with em stock prices..Nna men o di Egwu!! Peterichy where is dollar rates going to N400? I need to take position.. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:13pm On Apr 18, 2016 |
ifeykay: Trust Peterichy to always spin such news to have a negative inclination to them. But I still gbadun the guy sha cos he is the most consistent bear I have seen in recent times. The problem is when you are a consistent bear or bull, after a while you start to sound like a broken record. We have seen a lot of shenanigans emerge on this forum as a result of this. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 6:16pm On Apr 05, 2016 |
rebekah2011: Hehehehehe. GTB and zenith bank suppose still perform..I no fear |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:35pm On Apr 05, 2016 |
I don get GT Bank alert..GODWIN!!!! Waiting for zenith bank next... Hard rock cafe here I come 4 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 12:53pm On Mar 01, 2016 |
PETERiCHY: Peterichy everyone that wants to heed to your advise has heard and sold out everything. At this time they have nothing else to sell. 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 12:32pm On Feb 19, 2016 |
PETERiCHY: Peterichy leave value of naira alone and make money if you have to. Alluding to your stmts, the person buying Seplat at this levels is a greater winner but that does not mean the person that owned it before is a loser. Seplat is a solid company, in the fullness of time they will regain all that they lost. Meanwhile I like your real estate recommendation, that is a good place to invest now. It's a buyer's market out there and if you play your cards right you can be sure to snap a good property deal. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 12:27pm On Feb 19, 2016 |
megainvest: You dey mind Peterichy, this is my best stock play this year. The stock that keeps giving. I am not too much of a technical analysis guy but my friends who are have said we are close to the bottom in the NSE. That does not mean the all share index can't decline more but it just tells us this is a safe level to buy HIGH QUALITY STOCKS. Especially stocks with potential for good dividend yields. That way if something unexpected happens, you can stay in the stocks and at least get good dividends till the market get its bearing. The market is a leading indicator and whatever economic malaise that we see presently in the country has been forecasted/priced in by the market from half year 2014 till date. as a matter of fact, We have lost close to 50% from the highs in 2014 till now. So how much do we really think the market can fall. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 5:03pm On Feb 08, 2016 |
rebekah2011: Honestly I dnt understand this too. The market is littered with good quality stocks at attractive prices. Stocks that can pay as much as 9%-10% dividend yield with some capital appreciation coming within the next 12 months or so.Can't explain why people are chasing penny stocks at this period in the market. The macro economic environment and its envisaged malaise does not even favour penny stocks. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 3:24pm On Jan 15, 2016 |
locodemy:. All this una prices dey fear me ooo. I have never seen such crazy prices since I started investing on the NSE. For me and my household, we will keep buying quality stocks as money comes in cos I dnt know what the future holds. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 3:19pm On Jan 15, 2016 |
[quote author=ihedioramma post=42002882][/quote] Am not in oando and Fbnh. Of course I am losing (about 20%) on all my stocks at the moment. I can't really time the market so I just keep buying when I see good prices. I started buying last year during the sell offs in August/September.I have mostly bank stocks (access,zenith,Uba and GTB) cos that's where I see the highest dividend yield been paid for their 2015 financial year end. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:17pm On Jan 15, 2016 |
PETERiCHY: Well even though I dnt really advise averaging stocks but there are some quality stocks you can risk that for. I think GTB and zenith falls into that category. I bought my first tranche of zenith @ N16 and averaged it down to N13 this week, hoping to get a 10% dividend yield. will hopefully get my capital appreciation in the next 12 months. What is happening now is that some die-hard foreign investors in the market got jittery when oil prices went below $30 and cos of their redemptions, they had to sell off their stocks, and the whole market joined in the sell off. If you have patient capital and you can hold on for like 12 months, you can buy in tranches. no one knows when the sell off will stop. Also in regards to oil prices, we should be looking critically at the $25 price handle. That price tag has the most number of shorts associated with it, so that seems like a reasonable support but if it breaks that level then we might see more volatility in the market. Interesting times ahead!!! |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:02pm On Jan 15, 2016 |
Agbalowomeri: My oga Agbalowomeri with his words of wisdom, I hail ooo. This market is not for the faint-hearted ooo. These prices I am seeing be like Black Friday sales Oo. Sold off some of my FX stash and added more units to my previously held zenith shares and bought my first tranche of GTB today. Nothing as sweet as picking some good quality stocks at giveaway prices. I might be wrong but I am hearing from the grapevines that devaluation might come before this month runs out. If that happens and they move the trading band to N230 or so, then we might see some foreign guys taking up some quality stocks. As usual do your due diligence and brace yourself for more volatility cos the storm is not over yet. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:39pm On Nov 20, 2015 |
PETERiCHY: Mr Peterichy I need to come and take investment lessons from you. How do you always buy stocks at their 52 week low prices. I remember your prior sojourn into Fbnh some months back at that periods 52 week low price. I have tried to perfect this skill but can't seem to do so. Please help a brother!!!! |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:27pm On Nov 20, 2015 |
Kagame: Very interesting read Oga Kagame. Soludo tried to bring to bear most of the issues plaguing the economy and the ambivalent nature of most of CBN's policies. Oga if I may ask why the downgrade to "HOLD". The present administration seems like Keynesians to me. Seems like we are about to embark on our own naija-styled QE. High Liquidity in the banking system is driving down tbills rates to the extent that we are now seeing negative real rates (when we factor in inflation at about 9.3%). The govt seems to want a bigger budget next year to bring us out from the economic malaise presently plaguing the economy so as to foster economic growth. If this situation continues, I see funds by next year chasing stocks in the equity market for higher returns. Also a reduction in MPR might signal we are about to enter an easing cycle and I see this as a positive indicator for the equity market come next year. With some select stocks yielding a forward dividend yield of over 10%, I think we are closer to the bottom of this market. I might be wrong though but my guts tells me to continue to take strategic positions in some stocks. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 4:21pm On Oct 29, 2015 |
cassimere: Oga cassimere, you dey see Wetin I dey see. I can't even believe that Peterichy sold oando. The way he spoke about oando Ehen, you will think he owned 5% of the company. Well I think this is a great lesson for a newbie like me. I have learnt to decipher the monikers I should take seriously and those I should just ignore!!! 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:08pm On Oct 29, 2015 |
PETERiCHY: "Those in that bus" kee!! Oga seems like you have sold your oando!! Na wa ooo after all the preaching about "safe heaven". I hope you told people when you were selling. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 1:58pm On Oct 29, 2015 |
Aks: Una dey make me laff. This market is poised to continue its volatility. the economy is not in a good state and the volatility of crude oil prices will continue to impact the market. You just have to be very strategic and calculative when investing now. Anyone expecting the market to fly up with gains might be disappointed. If my brain serves me right, I remember saying that the market might still decline before this year runs out. People can choose to sell off which is fine, for me I have been waiting for this decline since after the last one in August. Will be adding to my UBA position. What is funny is that the same people attacking the market will come here in the next 2 to 3 months to start saying they want the market to fall so they can buy. Now that the market is giving them an opportunity they are bad-mouthing it. I guess it's different strokes for different folks!!!! 8 Likes 2 Shares |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 8:06pm On Oct 21, 2015 |
feelamong: Omo we dey drink oo . Cost of sales and financial charges dey do NB anyhow. Speaking about financial charges, I noticed that most FCMG companies had higher financial charges in their 2015 H1 result relative to 2014 which led to a decline in their PBT and PAT. This trend seems to be continuning into the 3rd quarter judging from NB's results. The banks seems to be a beneficiary of this. This kind of explains why we might be seeing more declines in the PBT/PAT of FCMG companies as opposed to an increment in the PBT/PAT of banks. #conspiracy theory #confirmation bias |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 5:18pm On Oct 16, 2015 |
Born2berich: More like not a sell recommendation. . **na joke o** but honestly would this news result in people buying Oando at this time, the writings on the wall are just too glaring to ignore. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 11:49am On Oct 15, 2015 |
manie: Oga Emma, I know say your eyes go Dey uacn. Been waiting for that stock to decline further. Hopefully this present blood bath brings it further down. It actually hit its 52 week low yesterday. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 8:59pm On Oct 14, 2015 |
Aks: Yes I can. I have been waiting for this opportunity so I can accumulate more of the stocks I bought during the last blood bath in August. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 8:46pm On Oct 12, 2015 |
manie: I agree with you on the upside potential of UBA. I was able to buy some during the last banking stocks sell off. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 6:15pm On Oct 12, 2015 |
ihedioramma: I dnt have GTB and I dnt even plans to buy it at this price levels. I will rather buy zenith at this price levels than GTB. Despite the headwinds that I envisage might have a drag on fbnh's financials, I see a greater upside in Fbnh than GTB. Caveat: I own both zenith and Fbnh. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:27pm On Oct 12, 2015 |
manie: Pa Emma, let those that have ears hear. People that understand this game know that the market is always one step ahead of the economy. The market as a leading indicator typically recovers first before the economy and vice versa. So if people look at the decline in the economy and use that to Sell off stocks, this might be medicine after death. The best time to have taken this action would have been around this time last year. The market is giving us an opportunity to buy stocks at attractive prices and I have a feeling that the market might fall a bit more, which will make prices even more attractive. Anyone that has the patience to wait for like 12 months and decides to buy stocks now will not regret it down the line. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:18pm On Oct 12, 2015 |
myjoy08: Well said..I really do not think there will be any adverse effect of this news in the NSE. I think the market's sentiments towards JP Morgan far outweighs that of Barclays, however if the market decides to sell off, I will use the opportunity to accumulate some more stocks |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 12:28pm On Oct 12, 2015 |
Aks: There is a Chinese adage that says the best time to plant a tree was 20 years ago. The second best time is now. Waiting for prices to go back to where they were few months back might be waiting in futility cos there is no guarantee that we might see the lows of August. Again the NSE has a mind of its own and will do whatever it wants to do so maybe we will see the lows again or maybe we will not. As for me and my household I will keep accumulating good stocks as funds come in. Timing the market is not a skill I possess. 3 Likes 2 Shares |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 11:03pm On Oct 07, 2015 |
May good news chase away the Bears in the NSE just like the Bears were chased out in this video clip https://www.youtube.com/watch?v=8gadM6N2MuQ 1 Like 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:00pm On Sep 29, 2015 |
myjoy08: Myjoy08 playing the contrarian card !!!!I agree with you on this one sha,maybe it is me playing the confirmation bias card but time will tell. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 1:21pm On Sep 23, 2015 |
Aks: I want to believe this advise is for stock traders and not stock investors. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 1:19pm On Sep 23, 2015 |
Born2berich: I personally think we can avert such an occurrence, monetary policies seems to have gotten to its limit at this point. Once the fiscal side is sorted out and they come in to complement what the monetary side has been doing, We should see some improvement. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 6:31pm On Sep 22, 2015 |
Primetech: I expect this to be positive for the banks. The net effect of the TSA directive and today's reduction in CRR is a net banking system credit of over N200 billion. More money for banks to play with!!! 2 Likes 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:41pm On Sep 22, 2015 |
myjoy08: As expected. This should neutralize the effects of the TSA drawdowns from the banks!!! 1 Like 1 Share |
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