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Nigerian Stock Exchange Market Pick Alerts - Investment (1216) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 2:10am On Dec 13, 2015
SWG1:
@ Cyriacusifec
like seriously, where have u bin. Some unbiased, strong dangerous wealth of information and arrays of knowledge u have put forth there.

1. Engaging the wonders in value of Coys and not price
2. understanding the mystery of circles in history of Stock market
3. Demystifying the perverse human nature
4.Fear Get lost (Don't let that reality spook you.
5. Unveiling the Untapped potential in Nigeria.
6. Impossible is nothing (FBHN) *
7. God is all u need to have u needs met.

That was the Recap of your post. Good one

The guy has been around for a while but on a coded level. At first, I was angry at the long post but later started enjoying it. I had to visit his profile page...which I don't usually do (I hardly even check mine). Nice one @Cyriacusifeco.

Meanwhile, @ALL...
I had a dream last night that NSE delisted a banking stock. According to the dream, investors were officially warned to exercise caution in trading the stock before it was finally delisted. This is the second time I have dreamt about our stock market since this bear started, and since I became an investor...lol. Nothing wey dis bear no go turn man into. Abeg Oga Chibuking & partners, make una wake me up when ASI don reach 20,000.
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 3:51am On Dec 13, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 8:19am On Dec 13, 2015
locodemy:
From this day i have decided not to buy a single unit of shares till the price of crude oil is determined.low oil prices means low stock prices.it is better i invest at the end of february and collect dividend in fews days after than to pursue air.
The price of crude oil will remain below $45 for another 4 years. Russia made plans on how to survive sub $40 crude oil price for up to 2022. Low crude oil prices is good for world economy, but is very bad for the economies of Nigeria and other mono product economies that derive 70% of the revenues from crude oil. Considering the new realities on ground it is advisable for you to face your tokunbo product business.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:28am On Dec 13, 2015
http://www.thisdaylive.com/articles/investors-lose-n146-2bn-to-massive-sell-off/227883/ Investors Lose N146.2bn to Massive Sell-off Further dip in oil prices may raise 2016 budgeting
deficit
Festus Akanbi in Lagos and Chineme Okafor in
Abuja
Equity performance on the Nigerian Stock
Exchange was negative for the most part of last
week as the All Share Index (ASI) gained on
three out of five trading days with the greatest
year-to-date loss being the 22.1 per cent
recorded last Wednesday.
At the end of the transactions for the week,
market capitalisation settled at N9.4trillion after
investors lost N146.2billion, according to a
survey by the investment and financial advisory
firm, Afrinvest Research.
Meanwhile, reviews, by economic experts, of the
2016-2017 Medium Term Expenditure Framework
(MTEF) and Fiscal Policy Strategy (FPS), which
the federal government submitted to the National
Assembly on Tuesday have suggested that the
N2.22 trillion deficit earmarked in the budget may
eventually rise on accounts of uncertainties in oil
prices and government’s alternative income
sources.
A report by the Afrinvest Research at the
weekend, which was made available to THISDAY
showed that the Organisation of Petroleum
Exporting Countries’ unrelenting decision to
further the oil glut, thus pushing the index to a
37-month low during the week, triggered an
unprecedented sell offs across the bourse.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:39am On Dec 13, 2015
manie:
The price of crude oil will remain below $45 for another 4 years. Russia made plans on how to survive sub $40 crude oil price for up to 2022. Low crude oil prices is good for world economy, but is very bad for the economies of Nigeria and other mono product economies that derive 70% of the revenues from crude oil. Considering the new realities on ground it is advisable for you to face your tokunbo product business.
you are always on point, I love and support your advice.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 11:01am On Dec 13, 2015
http://www.ngrguardiannews.com/2015/12/oil-price-slump-experts-canvas-tax-option/ Oil Price Slump: Experts Canvas Tax
Option
By David Ogah on December 13, 2015 4:39 am
Nigeria, today, is facing the dire consequences of
falling price of crude oil at the international
market. One of the observable effects of the free
fall in the price of the commodity is the inability
of the government to generate the projected
revenue needed to execute plans and
programmes at all tiers. Many states have not
been able to meet up with their obligations and
commitments to their workers, some of whom
have not earned salaries for upward of Four
months.
Unfortunately, Crude oil remains the
country’s major revenue source,
constituting about 70 per cent of the
source of funding of the country’s yearly
fiscal policy. It is the only major
parameter by which public earning and
spending are based. It is the major
determinant of revenue distribution
amongst the three levels of government.
But the fall in the price of oil has
affected the country’s liquidity position,
which is said to be at its worst in the last
30 years, because of over dependence on
the product. It is becoming apparent that
the government may not be able to fund
items in its 2016 fiscal plans as the price
of crude continues to plummet. There
are predictions that the price could fall
below the benchmark of $38 per barrel.
But as the effect of over dependency on
oil continues to bite harder; experts are
now calling on the government to
salvage the economy, through
diversification. While many said there is
need to tap into the country’s rich
mineral resources, others are advising
government to direct focus to
agriculture. Yet other experts urged
government to turn to tax sources,
saying revenue from tax alone could
sustain the economy without oil.
The President of Nigerian Institute of
Taxation, Mrs. Somorin Teju said
revenue from taxes could sustain the
country, even if revenue from the oil
sector continues to dwindle.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:08am On Dec 13, 2015
Elai147:


The guy has been around for a while but on a coded level. At first, I was angry at the long post but later started enjoying it. I had to visit his profile page...which I don't usually do (I hardly even check mine). Nice one @Cyriacusifeco.

yes the guy is too much,,,,,, i noticed this some week back on his reply to flourmil and transcorp post....... he remind me of one Dr. on SMN i be one of his follower. i enjoy reading his post when SMN is SMN
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:23am On Dec 13, 2015
grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:18pm On Dec 13, 2015
http://www.vanguardngr.com/2015/12/fgll-make-tough-decisions-in-2016-says-finance-minister/ The Minister of Finance, Kemi Adeosun, has
indicated that next year shall be tough for
Nigeria, and that the Federal Government will
make extremely tough decisions.
Finance Minister, Kemi Adeosun
Adeosun gave this forecast while speaking at the
opening of the 7th Annual Bankers Committee
retreat yesterday in Lagos, noting that Nigeria
was faced with some fairly significant micro-
economic challenges that required some fiscal
house-keeping.
Adenosine said: “It is going to be tough and we
are going to have to make extremely tough
decision. We have got the resilience and space
to do that.”
Adeosun noted that the country fortunately has
some head-room, as the debt to GDP ratio is at
12 percent and that gives some space to run a
deficit budget with the specific objective of
stimulating the economy.
“To do so, we need to do some fiscal
housekeeping. We have to control the significant
challenge we have around recurrent. If you look
at recurrent at a percentage of our total budget
with the just approved supplementary budget, it
is about 90 percent. If we continue in that
trajectory, every penny we borrow will go into
recurrent,” she said.
The minister, who was enthusiastic that Nigeria
can overcome the challenges however, warned
that she was not attempting to white-wash
everything or paint a rosy picture.
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 2:26pm On Dec 13, 2015
locodemy:
From this day i have decided not to buy a single unit of shares till the price of crude oil is determined.low oil prices means low stock prices.it is better i invest at the end of february and collect dividend in fews days after than to pursue air.
This your personal decision is perfectly understood, and I hope you dont turn it into a sing song for daily trumpeting.
Note that nations without a drop of crude oil have stock exchanges where stocks are traded.
For, even in war torn countries, business goes on.
No matter the market condition, the one simple trick for traders is right entry and right exiting, with good luck.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:46pm On Dec 13, 2015
zendi:
This your personal decision is perfectly understood, and I hope you dont turn it into a sing song for daily trumpeting.
Note that nations without a drop of crude oil have stock exchanges where stocks are traded.
For, even in war torn countries, business goes on.
No matter the market condition, the one simple trick for traders is right entry and right exiting, with good luck.
cool
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 2:53pm On Dec 13, 2015
cool cool
Re: Nigerian Stock Exchange Market Pick Alerts by SWG1: 4:55pm On Dec 13, 2015
Elai147:


The guy has been around for a while but on a coded level. At first, I was angry at the long post but later started enjoying it. I had to visit his profile page...which I don't usually do (I hardly even check mine). Nice one @Cyriacusifeco.

Meanwhile, @ALL...
I had a dream last night that NSE delisted a banking stock. According to the dream, investors were officially warned to exercise caution in trading the stock before it was finally delisted. This is the second time I have dreamt about our stockmarket since this bear started, and since I became an investor...lol. Nothing wey dis bear no go turn man into. Abeg Oga Chibuking & partners, make una wake me up when ASI don reach 20,000.

And u saw an Elephant sitting down or fell flat like wall of Jericho?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by EZEIGBO1OFIMO: 7:44pm On Dec 13, 2015
grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 7:59pm On Dec 13, 2015
grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by cadno(m): 8:24pm On Dec 13, 2015
Is anybody looking at Union Bank ? , the bank is gradually taking shape, who knows what its share price will be in 2017...Please any advice will be appreciated ..
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 8:46pm On Dec 13, 2015
cadno:
Is anybody looking at Union Bank ? , the bank is gradually taking shape, who knows what its share price will be in 2017...Please any advice will be appreciated ..

The rally is purely on the back of Buhari as one of their customer................No dividend payout for a very long time............Its possible to make some money on the stock but you should be cautious....................
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:22pm On Dec 13, 2015
http://www.vanguardngr.com/2015/12/2016-n6-trillion-budget-the-lowest-oil-benchmark-in-many-years-and-the-economic-recession-fear/
2016 N6 TRILLION BUDGET: The
lowest oil benchmark in many years
and the economic recession fear
December 13, 2015 at 1:34 am in Business,
News
*Looming trouble as crude price slips below
target
By Udeme Clement
The proposal of N6trillion for Budget 2016 by the
Federal Government has generated divergent
views among economic experts in the country.
While some economists called on government to
embark on efficient taxation system to enhance
more revenue generation for the economy, others
said N6trillion proposal for expenditure in 2016
would not solve the crisis facing Nigeria’s
economy.
In a chat with Sunday Vanguard , the National
President, Constance Shareholders Association of
Nigeria, Mr. Shehu Mallam Mikail, explained that
the proposal of N6trillion was based on
government’s estimation but would not prevent
Nigeria’s economy from sliding into a recession,
as previously predicted, unless government acts
urgently to strengthen the financial system, in
order to curtail misappropriation of public funds
allocated for developmental projects.
He said, “Proposing N6 trillion for budget 2016 is
a good attempt, but the reality on ground is that,
such proposal would not turn the economy
around for greater outputs maximisation with the
current state of infrastructure and over-
dependence on revenue from crude oil to run the
entire economy. We must be realistic about the
state of our economy and what we should do to
move the country forward. With declining oil
prices and mono-culture economic practice that
we are running now, nothing tangible would be
achieved with N6trillion.”
He added, “The exchange rate now is N252 per
Dollar. So, high exchange rate is another issue
we must take cognisance of. The Naira is
depreciating, meaning government must take a
lot of things into consideration in managing the
economy at this stage”.
Re: Nigerian Stock Exchange Market Pick Alerts by soloniger(m): 10:50pm On Dec 13, 2015
.
Re: Nigerian Stock Exchange Market Pick Alerts by soloniger(m): 10:54pm On Dec 13, 2015
currentprice:


yes the guy is too much,,,,,, i noticed this some week back on his reply to flourmil and transcorp post....... he remind me of one Dr. on SMN i be one of his follower. i enjoy reading his post when SMN is SMN
what is it now, State Mmn the Nation?
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 3:32am On Dec 14, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by 5Onesoul(m): 4:47am On Dec 14, 2015
[b][/b][font=Lucida Sans Unicode][/font][b][/b]Good day all,
I’m new to Nairaland, Infact, this is my first post.

I have limited theoretical knowledge and zero practical knowledge in terms of Mutual funds and Shares Investment. I plan to invest the sum of [b]#3Million Naira for a minimum of 2 years & max of 3 yrs [/b]in any of these fields. I have done some fundamental basic research and finding on where and how to go about it. But I’d like to know the following:

~Is Mutual funds Investment better of buying shares? If Yes, what are their return profit margin @ least ( I know its not certain, but to some certain % I’d like to know)
~Are share better of Mutual funds? If Yes, which of the listed firm on NSE is a good buy for now? ( I bought shares worth #50k then when DataComm sold their share. I didn’t get the certificate or even know how it went down.. I count it as loss already.
~Or is it better to just have a 3YRS Fixed DEPOSIT with either GTB or Firstbank, as those are the banks I use.

Brothers/Sisters, I would appreciate if you can give me your input base on your knowledge and experiences. None is a waste, I’m open to learn and research further base on the input i get here.

Thanks all.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 7:23am On Dec 14, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by UD4040: 7:43am On Dec 14, 2015
Chibuking81:
http://www.thisdaylive.com/articles/equities-market-slips-back-into-bear-territory/227904/
abeg no vex o- u no get any other work? Bear- crude oil price slump- nigeria going into recession- everybody should stand down from d mkt for now- we done hear now- a word is enough 4 d wise- we ain't kids here abeg.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 7:45am On Dec 14, 2015
5Onesoul:
[b][/b][font=Lucida Sans Unicode][/font][b][/b]Good day all,
I’m new to Nairaland, Infact, this is my first post.

I have limited theoretical knowledge and zero practical knowledge in terms of Mutual funds and Shares Investment. I plan to invest the sum of [b]#3Million Naira for a minimum of 2 years & max of 3 yrs [/b]in any of these fields. I have done some fundamental basic research and finding on where and how to go about it. But I’d like to know the following:

~Is Mutual funds Investment better of buying shares? If Yes, what are their return profit margin @ least ( I know its not certain, but to some certain % I’d like to know)
~Are share better of Mutual funds? If Yes, which of the listed firm on NSE is a good buy for now? ( I bought shares worth #50k then when DataComm sold their share. I didn’t get the certificate or even know how it went down.. I count it as loss already.
~Or is it better to just have a 3YRS Fixed DEPOSIT with either GTB or Firstbank, as those are the banks I use.

Brothers/Sisters, I would appreciate if you can give me your input base on your knowledge and experiences. None is a waste, I’m open to learn and research further base on the input i get here.

Thanks all.
Between three years fix deposit in bank and buying share from good/sound fundamental stock, buying share is more preferable, but if you want to buy share let it be toward the end of first quarter of next year 2016, because with current crude oil price and economy situation share price might still fall further beyond expectation. Within the first quarter of 2016 the share price might be more attractive to buy and keep for 2 or more than 2 years duration.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 8:29am On Dec 14, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 8:41am On Dec 14, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 10:10am On Dec 14, 2015
UD4040:
abeg no vex o- u no get any other work? Bear- crude oil price slump- nigeria going into recession- everybody should stand down from d mkt for now- we done hear now- a word is enough 4 d wise- we ain't kids here abeg.







grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:23am On Dec 14, 2015
UD4040:
abeg no vex o- u no get any other work? Bear- crude oil price slump- nigeria going into recession- everybody should stand down from d mkt for now- we done hear now- a word is enough 4 d wise- we ain't kids here abeg.
cool
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 10:33am On Dec 14, 2015
Intendy:
Is it. going down to 0.50k
http://www.pmnewsnigeria.com/2015/12/14/tiger-brands-sells-65-stake-in-dangote-flour-mills-for-1/
Currently in full bid..Did you guys read the write up? This is good news to me.
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 10:39am On Dec 14, 2015
Unity bank is about to park well at the car park. Oga Elai, is this the bank you dreamt about?
Re: Nigerian Stock Exchange Market Pick Alerts by UD4040: 10:42am On Dec 14, 2015
Chibuking81:
cool
u no go give person HBP wit all these ur post- after d rain comes sunshine- I belief

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