Chibuking81:


Since they will pump and sell to the faint hearted, who then is faint hearted. The current bear turn more than 90% member here to faint hearted. The remained 10% are not smiling, some are nursing their injury, while averaging down. The real bull will come next year, what you will be seen now is pump and dump bull.

Foreign investors see stock business as a game, that why the play smart game in it. Since I know that they create artificial bull sell, later and stay by at sideline, is not better to wait and bye at cheaper rate and wait for the main bull.

I preferred longtime investment, a situation where I will buy a particular stock at #10 and see it at #15 next five year, than buying #10 and goes to #100 next year only to come down to 10 kobo next five year.

It's even better to buy a stock at #10, and it move to #12 next ten year, with year dividend payment and bonus reward.

Nigeria stock has turn many to watchman, vigilante, monitoring instrument, because one can invest today only to hear tomorrow about merger, share reconstruction, worst still remain delisted. And the particular company will still be in existence.

Nigeria nawooo

Chibuking81:
https://www.vanguardngr.com/2018/05/2019-elections-capital-market-executives-caution-retail-investors/

2019 elections: Capital market executives caution retail investors ON MAY 25, 20185:38 AMIN BUSINESS1 COMMENT By Peter Egwuatu

AS bearish sentiment persists in the Nigerian Stock Exchange, NSE, public and private sector executives in the capital market have indicated the need for discretion in investment decisions especially by retail investors.
The floor of Stock exchange Speaking against the backdrop of declining foreign investors’ interest in equities in the first quarter of 2018, Q1’18, Cowry Asset Management Limited has cautioned retail investors to be very careful in their investment decisions, especially in the build up to 2019 general elections. Chief Executive Officer, Cowry Asset Management, Mr. Johnson Chukwu, gave the advice as the guest speaker at the maiden national discourse, themed, “Portfolio Investments: Opportunities & Mounting Challenges for Nigerian Shareholders”, organized by Pragmatic Shareholders Association of Nigeria, PSAN, in Lagos.

He said the decline witnessed in Q1’18 was as a result of the shift from equities to fixed income securities by Foreign Portfolio Investors, FPIs, who have started exiting the market following the unstable macroeconomic environment. Chukwu stated: “The FPIs had taken their position in 2017 in the equities market and that was why we saw the 42% appreciation of the market, but in the Q1’18, FPIs invested $701.61 million in equity, $335.88 million in Bonds, $3.527 billion in money market, while total capital imports stood at $6.303 billion. “So the equity market was sluggish in Q1’18 as foreign investors began to repatriate their dividend and also put demand pressure in the foreign exchange market in response to declining yield on government securities.”

To this extent, Chukwu cautioned domestic retail investors to be careful in their investment decision on equities as the market is likely to record continuous drop given the challenging macroeconomic environment in the build up to general election. In his remark, Acting Director General, Securities and Exchange Commission, SEC, Ms Mary Uduk, who was represented by Mr. Effiong Ekpeyong, encouraged retail investors to embrace the Collective Investment Scheme, CIS, to diversify their investments. “Nigeria is a mono product economy as this has made the stock market very volatile. To this extent, retail investors need to spread their demand for stocks in various classes by patronizing mutual funds,” she noted.

Read more at: https://www.vanguardngr.com/2018/05/2019-elections-capital-market-executives-caution-retail-investors/

safepaulooo:
My brother e be like say na only price you dey monitor. Price and volume gives better picture. I am not seeing the huge sell volumes like 2015 April to August to suggest total exit of FPI. Price go down but na panic sell volumes I dey see...it's not really substantial. May be wrong sha....

Mcy56:

Is it today you know Oga Chibuking? He likes bear news so much and like to create fear at every opportunity to make the whole NSE looks like it's going to crumble

Chibuking81:
Madam Mercy, am trying to save people from losing their hard earn money from the smart foreign investors. There is sign of election bear red flag everywhere.

Mcy56:


Boss, election is still far now. If what we are seeing now is election bear that will continue till next year, then there is real fire on the mountain.
I believed it wouldnt go on straight line like that sha.

Mcy56:

Is it today you know Oga Chibuking? He likes bear news so much and like to create fear at every opportunity to make the whole NSE looks like it's going to crumble

locodemy:


How many bottles have you taken this morning?
Your list is lacking oxygen.
No one in your list does that.If in doubt,show us evidence of what you are saying.


WE KNOW THE PEOPLE WHO DO EXACTLY WHAT YOU ARE TALKING ABOUT.

Mcy56:

Is it today you know Oga Chibuking? He likes bear news so much and like to create fear at every opportunity to make the whole NSE looks like it's going to crumble

onegentleguy:



I just can't help but laugh when I read some certain post.
It's clear that u 2 dont even know the guy. ...to presume (from the parts in bold) that he had been adversely affected by some investment play of nearly 10 yrs ago.

Well it might interest u to know that the said person u refer to is currently a billionaire, and a 'big time' HNI who's doing fantastically well !!
...and this is coming boldly from someone who knows him.
So never draw extensive assumptions over a person's state or wellbeing. ...for with some folks, past experiences are merely a necessary stepping stone to future breakthroughs.

Regards.

Cadillac15:
Just added Oga becos we call ourselves oga here. Lemme go and sip my tritri

Mcy56:

We call them ogas because they truly are. They have distinguished themselves so much and displayed high level of expertise, understanding and theoretical as well as practical knowledge of what they 'preach' here ......... there are exact words that fits in rightly but na night school I go, I no sabi too much English.

Ladies and gentlemen, give it up for the Ogas here....... sorry, no confuse my transmission for somebody wey high on tritritri, sorry, I mean 33. I just dey catch fun ni

musty00:
There will definitely be bulls here and there before election.

In 2014, build up to the 2015 elections, between May and December, there were 3 mini bulls.

The major devastating bears in 2014 took charge between October 2 - December 17. There was even a bull from December 18 - December 30.

If we witness 3 consecutive bear next week (with index losing 400 points like friday - excluding dangcem), bull may surface. It's just the Tuesday public holiday that may distort the flow.

If the bears slow down early next week, we might just be seeing sideways trading until around Q2 before the bull will show.

Just my opinion, not a buy or sell recommendation.

safepaulooo:


@GANDALF anytime I see your moniker I remember your optimistic analysis on DF. . Hope you are averaging down?

ogedanny:
While the stock market is crying every day, these two stocks I recommended for the year 2018 keep showing more bullish sign - http://nigerianstockstobuy.com/top-performing-stocks-watch-2018/

gokefolaranmi:
I am no mathematician but I am sure Chibuking81 is right. For e.g, $1,000 @#460 is 460,000. At a lower exchange rate of #200, you get 460,000/200= $2,300 already.

safepaulooo:
For those fearful of ELECTION BEAR read this:

https://www.premiumtimesng.com/business/business-news/269840-why-nigeria-is-investors-best-destination-now-nbs-dg.html

longlife20:


From your calculation the investor has made $1,300 for leaving his money in nigeria.

longlife20:


From your calculation the investor has made $1,300 for leaving his money in nigeria.

gokefolaranmi:
Yes, but it should come in when exchange rate of $-# is high. During the last recession amid dollar scarcity, someone gave me a thousand dollars @#500 translating to 500k to be returned 8 months later. By that time dollar was down to 360. So he got a few more dollars without me having to pay interest. So these guys will take out their money now, while prices are up hoping stock prices crash and come back to mop up when prices are down for pennies. No undue advantage if they stay put. That's what Emir Sanusi does from his garden.

Kashif:


Abeg make una help me break this analysis o. My brain don jam after the NSE parachute failure.

Somebody earning 300k a month, how is saving 2M a year possible?

GANDALF1:



Still there. Nothing has changed in the company. look at FMN and you will get the true picture.

longlife20:


The money was converted to naira, assuming the money was not converted, will you have made more dollar, the answer is no. If you convert your dollar when the naira is weak assumimg at N500 and the naira became strengthen say at N360, when converting back into dollar, you will have more dollar. So foreign investors gain when naira is strengthen and loss when naira is weaken. As at the moment dollar is being strengthened all over the world compare to other currencies, so investors are taking advantage of that

maishai:


My brother make una dey factor inflation in o.....I will not give a textbook definition, but my current general manager use to sit us down and reminise when he gives his wife fifty kobo for monthly upkeep and still fight her for 10 kobo change, then his idea of financial freedom is to have 200 Naira, his take home back hen was #1.23k.. He never believed he could save #200 after 38 working year. fastforward today wherd he earns about #400,000... Inflation no be those % dey quote for us in d news, u get the real jerk of it when old men talk, especially former bigga boyz

maishai:


My brother make una dey factor inflation in o.....I will not give a textbook definition, but my current general manager use to sit us down and reminise when he gives his wife fifty kobo for monthly upkeep and still fight her for 10 kobo change, then his idea of financial freedom is to have 200 Naira, his take home back hen was #1.23k.. He never believed he could save #200 after 38 working year. fastforward today wherd he earns about #400,000... Inflation no be those % dey quote for us in d news, u get the real jerk of it when old men talk, especially former bigga boyz

Agbalowomeri:


My brother all these data you are quoting must be like 40 years back, certainly cannot be from the 80s upward

Agbalowomeri:


My brother all these data you are quoting must be like 40 years back, certainly cannot be from the 80s upward

RabbiDoracle:

Fabu.
What year was that? Lord Luggard era?

Breadfruit:
Wow. I didn't know a platform like this existed.
All the shares I bought when I started trading myself some 2/3 months past have gone down, some to half the price sef.

It is discouraging to say the least.