essentialone:
Beware of those who after making a stock Recommendation, then tells you to do your Due Diligence also. In this market where people stake in their livelihood, one should make no recommendations if not certain of the fundamentals of the stock.

essentialone:
Beware of those who after making a stock Recommendation, then tells you to do your Due Diligence also. In this market where people stake in their livelihood, one should make no recommendations if not certain of the fundamentals of the stock.

yinkaoke:
Have you heard of the 2years bond with
l just forgot the name sha, but saw it on that twitter handle @okemakinde2003
There are good investments only access to information that matters

26% that one beat inflation oh or am l missing something

yinkaoke:
Have you heard of the 2years bond with
l just forgot the name sha, but saw it on that twitter handle @okemakinde2003
There are good investments only access to information that matters

26% that one beat inflation oh or am l missing something

Afromentalist:
One topic I rarely see here is outperformance. We all know stock rise and fall, we win some and lose some.

It would be interesting to have participants in these here climes to analyse their portfolio history and see if and how long they have been able to beat the Nigerian market (NSE).

This is not to recommend passive investing ( I myself am an active investor). Just for the fun of analysis and see what strategy work better.

Agbalowomeri:


We no dey talk outperforming here Lol. That's too low a target.
Our language is in baggers
1, 2, 3 ... Baggers

Agbalowomeri:


We no dey talk outperforming here Lol. That's too low a target.
Our language is in baggers
1, 2, 3 ... Baggers

Afromentalist:

That's good. Can you tell us the performance of your portfolio in baggers over a significant amount of time.

essentialone:
Beware of those who after making a stock Recommendation, then tells you to do your Due Diligence also. In this market where people stake in their livelihood, one should make no recommendations if not certain of the fundamentals of the stock.

yMcy56:

Pls note that Lead Capital may be excellent in other aspect of investment o, but as for brokerage, not too good in my opinion.

If going with STANBIC, then consder and compare the fees. You fit no do JIJO anyhow there...in my opinion.

Ogechi has been very up and doing at GTL/Mytradebook. Customer response good too.....but site response can be slow during downtime.
Lol. I've been with Mytradebook for quite some yrs and I know this.

machine606:

Chaka/Citi investment Capital is even lesser than this.
From the look of this do far. I think (to the best of my knowledge) that Morgan and Chaka are the least charging brokers. Although i might Morgan service are better. I have used Morgan. But been in Chaka since 2019. I ran from investment one because of charges. We way dey trade in afolabi units loves lower charges. By the way, oga Peter I saw your dividend post. BP want catch me. Lol. It's inspiring too.
Oga Robbo, so you dey eye that oga GT for #9, Imagine. You go Sabi price for local market oh pass Peter Obi.

emmanuelewumi:




I respectfully disagree with you, you can get that going forward with some stocks considering their current prices, dividend yield and sustainable growth rate but not with any fixed income investment I know of

onegentleguy:
With this, there's a near 1 probability that petrol subsidy will be removed either in June, 2023 or a few months down the line.
Perhaps, the pump price of fuel could hover above N500/Ltr then.
Surely, there will be winners and losers from this.
A few sectors on my mind!

It is well

RabbiDoracle:


The simple question we should be asking ourselves is : how does CBN store her foreign reserves in US banks? Cash? or it is invested in US treasuries?

How do Local banks store their foreign reserves in corresponding foreign banks? Cash or it is invested in US treasuries?

Many banks will invest in the "risk-free" instrument of US or EU treasuries as at 2020 and 2021. And in 2022, there was a huge decline in these treasury prices and automatically causing any financial institution to take losses on these supposedly risk free foreign reserves.

Were these factored into their P/L accounts like the type we see in many US banks that have collapsed as a result of the bond losses which many EM banks have their foreign exchange reserves invested in.

On this note, financial institution doesn't seem investable for me for now because there are lots of issues that are unresolved in the country where their foreign reserves are invested. If the US and EU banks are taking severe losses, how about our banks and central bank that invested in the same instrument? This goes for all EMs financial institutions.

When GTB declines to such low price, then imagine where other tier 2 banks could get to. It will be kobo kobo galore.

comatekeke:

What stocks can give 26% ROI?
Thanks in advance.

Afromentalist:
One topic I rarely see here is outperformance. We all know stock rise and fall, we win some and lose some.

It would be interesting to have participants in these here climes to analyse their portfolio history and see if and how long they have been able to beat the Nigerian market (NSE).

This is not to recommend passive investing ( I myself am an active investor). Just for the fun of analysis and see what strategy work better.

RabbiDoracle:


The simple question we should be asking ourselves is : how does CBN store her foreign reserves in US banks? Cash? or it is invested in US treasuries?

How do Local banks store their foreign reserves in corresponding foreign banks? Cash or it is invested in US treasuries?

Many banks will invest in the "risk-free" instrument of US or EU treasuries as at 2020 and 2021. And in 2022, there was a huge decline in these treasury prices and automatically causing any financial institution to take losses on these supposedly risk free foreign reserves.

Were these factored into their P/L accounts like the type we see in many US banks that have collapsed as a result of the bond losses which many EM banks have their foreign exchange reserves invested in.

On this note, financial institution doesn't seem investable for me for now because there are lots of issues that are unresolved in the country where their foreign reserves are invested. If the US and EU banks are taking severe losses, how about our banks and central bank that invested in the same instrument? This goes for all EMs financial institutions.

When GTB declines to such low price, then imagine where other tier 2 banks could get to. It will be kobo kobo galore.

ositadima1:


Stocks can yield good returns if proper research is done.

For example, I bought GTCO shares last October at 17 naira per share, and currently, the share has gained 41% since then. I am due for a dividend on Thursday, which amounts to 14.8% of my investment, resulting in a total ROI of 56.8%.

I am not saying that investing in stocks is easy or without risks, but with diligent research (here and beyond) and some luck, a regular 26% return is achievable.

By the way, I am planning to sell my GTCO shares tomorrow since it no longer holds a priority on my stock screener.

He go well.

Stan2330:

What is involved in diligent research
What do u consider?

Abdul4trust1:
Good evening everyone.

Please, is there any app for trading shares in Nigeria?

Abdul4trust1:
Good evening everyone.

Please, is there any app for trading shares in Nigeria?

RabbiDoracle:


The simple question we should be asking ourselves is : how does CBN store her foreign reserves in US banks? Cash? or it is invested in US treasuries?

How do Local banks store their foreign reserves in corresponding foreign banks? Cash or it is invested in US treasuries?

Many banks will invest in the "risk-free" instrument of US or EU treasuries as at 2020 and 2021. And in 2022, there was a huge decline in these treasury prices and automatically causing any financial institution to take losses on these supposedly risk free foreign reserves.

Were these factored into their P/L accounts like the type we see in many US banks that have collapsed as a result of the bond losses which many EM banks have their foreign exchange reserves invested in.

On this note, financial institution doesn't seem investable for me for now because there are lots of issues that are unresolved in the country where their foreign reserves are invested. If the US and EU banks are taking severe losses, how about our banks and central bank that invested in the same instrument? This goes for all EMs financial institutions.

When GTB declines to such low price, then imagine where other tier 2 banks could get to. It will be kobo kobo galore.

Frangel:
I would guess most (if not all) our commercial banks will hold mainly cash balances. I see they do derivatives. Bulk of their earnings are within Nigeria though. However, those with treasuries would need made provisions, just as with the Ghana debt crisis. I don't see replication of the UStreasury-induced crisis affecting banks in Nigeria.

For CBN, I can't guess. But our reserves are thin and fluctuate rapidly to think anything substantial would be invested in US treasuries; or where invested, not held to maturity.

comatekeke:

What stocks can give 26% ROI?
Thanks in advance.

Agbalowomeri:
After 7 years of drought cometh 7 years of plenty
Tell your kinsmen the soup is done
The price of bread you see this year
You shall see no more
Higher higher higher

emmanuelewumi:



This one na parable, please come down to our level .


I am actually going to get a loan in the first week of June to key into some names.