debostar:
I just want to find out the following :Is there any other way one can make money in the Nigerian stock market apart from dividend payout
Is there daily trading like the US stocks where one can make money daily by trading daily .Please ,help me if you know .Thanks

Commissions are high which makes daily trading unprofitable

Coolcash1:


The MM deserves a good raise I swear.... Yours truly have been queueing at N2.70 for weeks now.

Haba! 2.70!!! You be correct "Ijebu man" o

Coolcash1:


The MM deserves a good raise I swear.... Yours truly have been queueing at N2.70 for weeks now.

I am just wondering why people queue for stocks. If your analysis is convincing at the current price why wait to strike?

debostar:
I just want to find out the following :Is there any other way one can make money in the Nigerian stock market apart from dividend payout
Is there daily trading like the US stocks where one can make money daily by trading daily .Please ,help me if you know .Thanks

Major elements that encourage day trading in US stocks, which are not available in Nigerian stock market include:
-US stocks enjoy high liquidity
-High volatility in US stocks
-Another important part is short selling availability
-Low brokage commissions and fees

All is forgiven, he should go forth and sin no more

KarlTom:
Abeg no vex (in arrears & in future)

megawealth01:
Japaul Gold defies eight years loss streak, posts N587bn profit

https://businessday.ng/companies/article/japaul-gold-defies-eight-years-loss-streak-posts-n587bn-profit/

Na wa o all these journalist with intentional misrepresentations. How N587mil take resemble N587bn Lol

yMcy56:

How could you forget our one and only Customstreet?
Sometimes, I do feel Sunrisepebbles is somehow Oga Customs self....

When we tell them to tone down on their rude and careless posts, they turn it to attack......
You won't believe the kind of personalities here and even those our Ogas on top....
@CP, Oga Oracle, Oga Wanaj0, Oga Emma, even Agba and quite some others with simple monikers that one can't even imagine.....some don't post, some it's once a while.....
You know say I don tey here small...

Let me add @BrokerHaruna who was shouting here that "Guinness will suprise a Lot of People" By then, the books of Guinness was in a mess and some people here were shutting him down, telling him that Guinness is a bad stock with bad fundamentals, but he sticks to his decision on Guinness. Guinness was N21 then and still fell to N16 under 2 months. But alas, Guinness came with good fundamentals within a space of 6 months and moved from N15 to around N85. The rest is history.... The man has moved from this place to other forums where he is appreciated. Not to talk of @RabbiDoracle, meships, et al

Agbalowomeri:


I am just wondering why people queue for stocks. If your analysis is convincing at the current price why wait to strike?

Not my style...Because of good RR and very tight SL, I always prefer to enter at value zone...WIth this, I go fit follow you carry owerri babes wey be full package....

Coolcash1:


That is his believe. Market dynamics have changed by far as such he just wants to create panic in the market. If Buffet is sure of his conviction of a crash coming (which I strongly doubt) let him short the index.

My take.


#Gold#NYSE#NASDAQ#NGSE Trader

@emmanuel hope you are seeing what is now happening to S&P 500?...

Tinubu’s Naira Devaluation Worsens Cost Of Fuel Importation As Nigeria Spent N5T

https://saharareporters.com/2024/09/12/tinubus-naira-devaluation-worsens-cost-fuel-importation-nigeria-spent-n58trillion-first

megawealth01:
Tinubu’s Naira Devaluation Worsens Cost Of Fuel Importation As Nigeria Spent N5T

https://saharareporters.com/2024/09/12/tinubus-naira-devaluation-worsens-cost-fuel-importation-nigeria-spent-n58trillion-first

Bulaba levels

Coolcash1:


Not my style...Because of good RR and very tight SL, I always prefer to enter at value zone...WIth this, I go fit follow you carry owerri babes wey be full package....

I don forget say you be Agba PA

@Pastor veecee abeg come do your work sir

The way wey UBA dey hide the half year results and RI and PO like palliative ehn😐😐

nosa2:


I half wish it doesn't rally. The love for dividends is an achilles heel for Nigerian investors. Retaining earnings when the regulator is requiring more capital is just good business sense. The dividends will come.

If these earnings werent audited I would have question them but the result is audited and investors are looking at dividends despite what the results show.

Anyway Make we dey look

I would like to add some perspective on this very good point you raised with respect to dividends and asset valuation

You see, whether you like it or now, part of the reason WHY that is the case is because we live in a LOW TRUST SOCIETY.

So investors will rather take the dividends that they can see and touch with their two eyes, than take a chance at retained earnings for 10 years straight for reinvestment that could then lead to massive capital appreciation in the next decade.

Long story short
whether we like it or not, most of us don't trust the management or regulatory oversight in totality

when management is telling you that we wanna retain all earnings for capital reinvestment, a Conventional Nigerian will be suspicious

2006-2008 period is still fresh in our mind
the results were "good"
but wetin happen las las?
till date most companies have not attained those highs of that period

and this is almost 16 years going


My thoughts sha
thank you

Ginalex:
The way wey UBA dey hide the half year results and RI and PO like palliative ehn😐😐

they are holding it like last card

RodgersAkpafu:


I would like to add some perspective on this very good point you raised with respect to dividends and asset valuation

You see, whether you like it or now, part of the reason WHY that is the case is because we live in a LOW TRUST SOCIETY.

So investors will rather take the dividends that they can see and touch with their two eyes, than take a chance at retained earnings for 10 years straight for reinvestment that could then lead to massive capital appreciation in the next decade.

Long story short
whether we like it or not, most of us don't trust the management or regulatory oversight in totality

when management is telling you that we wanna retain all earnings for capital reinvestment, a Conventional Nigerian will be suspicious

2006-2008 period is still fresh in our mind
the results were "good"
but wetin happen las las?
till date most companies have not attained those highs of that period

and this is almost 16 years going


My thoughts sha
thank you

Chai. Many paid schools tire that season

RodgersAkpafu:


they are holding it like last card

they should better release #1 dividend after all this paparazzi o. Or else🌚🌝

megawealth01:


Chai. Many paid schools tire that season

Guy
Private University school fees were paid IN FULL

No part payment
No deferred payment

Some even paid with interest

After going through that
even though things are now better
that suspicion is still there

that generation who saw that have to give way
before there will be a paradigm shift

RodgersAkpafu:


Guy
Private University school fees were paid IN FULL

No part payment
No deferred payment

Some even paid with interest

After going through that
even though things are now better
that suspicion is still there

that generation who saw that have to give way
before there will be a paradigm shift

LMAO 🤣🤣🤣

RodgersAkpafu:


Guy
Private University school fees were paid IN FULL

No part payment
No deferred payment

Some even paid with interest

After going through that
even though things are now better
that suspicion is still there

that generation who saw that have to give way
before there will be a paradigm shift

I pay well well especially insurance and costain

Ginalex:
LMAO 🤣🤣🤣

Please laugh
it eases the pain of being swindled
people thought they were buying shares
we didn't know we were buying shell

RodgersAkpafu:


I would like to add some perspective on this very good point you raised with respect to dividends and asset valuation

You see, whether you like it or now, part of the reason WHY that is the case is because we live in a LOW TRUST SOCIETY.

So investors will rather take the dividends that they can see and touch with their two eyes, than take a chance at retained earnings for 10 years straight for reinvestment that could then lead to massive capital appreciation in the next decade.

Long story short
whether we like it or not, most of us don't trust the management or regulatory oversight in totality

when management is telling you that we wanna retain all earnings for capital reinvestment, a Conventional Nigerian will be suspicious

2006-2008 period is still fresh in our mind
the results were "good"
but wetin happen las las?
till date most companies have not attained those highs of that period

and this is almost 16 years going


My thoughts sha
thank you

You make a very good point. I hadnt seen it from this angle before

nosa2:


You make a very good point. I hadnt seen it from this angle before

Thank you chief
I'm flattered

I'm a fan too

At present they have notified SEC of their intent to do RI and instead of making a mistake like Accessco i.e a price that is at premium to Secondary market (although it was successful and fully subscribed) they have tested the waters with a blank RI price to SEC. More info soon

RodgersAkpafu:


they are holding it like last card

Sunrisepebble:
At present they have notified SEC of their intent to do RI and instead of making a mistake like Accessco i.e a price that is at premium to Secondary market (although it was successful and fully subscribed) they have tested the waters with a blank RI price to SEC. More info soon

Do you know if gtb own was equally successful

It will be best if uba come for RI after full year results. The street is not smiling with this new price on fuel oh

GT was successful. You have to remember it’s largely institutional investors buying up, retail is a very tiny fraction and the foreign investors love GT. But I applaud them as their advertising touched everywhere.

Streetinvestor2:
Do you know if gtb own was equally successful

It will be best if uba come for RI after full year results. The street is not smiling with this new price on fuel oh

Sunrisepebble:
GT was successful. You have to remember it’s largely institutional investors buying up, retail is a very tiny fraction and the foreign investors love GT. But I applaud them as their advertising touched everywhere.

ok thanks.

ndept:
Let me add @BrokerHaruna who was shouting here that "Guinness will suprise a Lot of People" By then, the books of Guinness was in a mess and some people here were shutting him down, telling him that Guinness is a bad stock with bad fundamentals, but he sticks to his decision on Guinness. Guinness was N21 then and still fell to N16 under 2 months. But alas, Guinness came with good fundamentals within a space of 6 months and moved from N15 to around N85. The rest is history.... The man has moved from this place to other forums where he is appreciated. Not to talk of @RabbiDoracle, meships, et al

Thank you for remembering these people, my brother. Those guys you mentioned as well as the Ogas that Madam CMCY mentioned held it down here during the Covid-19 months when all looked bleak. They steadily encouraged many.

Broker Haruna made people cash out heavily with Guinness until they used their attacks to chase him away. That's why I keep saying that the shepherds must be protected on this platform.

May the Lord continue to oil and favour our hustles o! 🙏🏽

yMcy56:

How could you forget our one and only Customstreet?
Sometimes, I do feel Sunrisepebbles is somehow Oga Customs self....

When we tell them to tone down on their rude and careless posts, they turn it to attack......
You won't believe the kind of personalities here and even those our Ogas on top....
@CP, Oga Oracle, Oga Wanaj0, Oga Emma, even Agba and quite some others with simple monikers that one can't even imagine.....some don't post, some it's once a while.....
You know say I don tey here small...

True, true, you don tey here with those monikers mentioned.
You dey try!

megawealth01:


I don forget say you be Agba PA

@Pastor veecee abeg come do your work sir

Some people heart here have been sealed oo

veecovee:


Some people heart here have been sealed oo

Na you go lead us in prayers in hell fire

Petrol Marketers Complained To That Our Diesel Price Is Too Cheap – Dangote

https://dailytrust.com/Petrol-marketers-complained-to-Tinubu-that-our-diesel-price-is-too-cheap-Dangote-Refinery