fxuser:
Zenith - holding above last week close

When the heat of the trade increase it will not be able to hold on any longer.

mendes911:


There's always a good entry price for every stock. That's what am looking for. Such stocks attracts the interest of[b] foreign investors[/b] and they usually move at the speed of light but entry is key.

This fixation on foreign investors... Whether you or I like it or not, the performance of the NSE is driven by domestic RETAIL investors. This is a fact and not feelings.

tiar:


This fixation on foreign investors... Whether you or I like it or not, the performance of the NSE is driven by domestic RETAIL investors. This is a fact and not feelings.

Lol
Odikwa........

tiar:


This fixation on foreign investors... Whether you or I like it or not, the performance of the NSE is driven by domestic RETAIL investors. This is a fact and not feelings.

Say whattttttt......

Retail investors can't sustain a bull run for 2 days!

mendes911:


Say whattttttt......

Retail investors can't sustain a bull run for 2 days!

Lie
What of the caverton and cutix bull

Agbalowomeri:


Lie
What of the caverton and cutix bull

Am not talking about individual bull runs. Am talking about the exchange as a whole.

Of course, either you or oracle can put any stock on full bid for a week. Una deep pocket ni.

Oga Tiar might be referring to NSE's monthly report on Foreign and Domestic participation.

Zenith Bank

http://www.nse.com.ng/Financial_NewsDocs/23000_ZENITH_BANK_PLC_CORPORATE_ACTIONS_JULY_2018.pdf

Cc: DollarTex.

mendes911:


Am not talking about individual bull runs. Am talking about the exchange as a whole.

Of course, either you or oracle can put any stock on full bid for a week. Una deep pocket ni.

Oga Tiar might be referring to NSE's monthly report on Foreign and Domestic participation.

Wednesday, October 26, 2016
SEC Nigeria stands up for the Retail Investor

Dear Africa interested individuals:

On Monday, April 25, 2016, I wrote an article on this blog titled:


"Nigeria All-Share Index: Retail investors will determine how it moves."


I have been a vocal proponent of retail investors being given the necessary support to return in droves to the Nigerian stock market and for their outstanding grievances to be addressed e.g. the dividends not yet paid out for banks that were taken over by the Central Bank (Bank PHB, Afribank etc) during the tenure of Sanusi. Where is the money? No one is talking.

The Nigeria Stock Exchange (NSE) leadership has a different opinion. Retail investors should be pushed to invest indirectly in the marketplace by investing in mutual funds instead of directly purchasing equities into their own accounts. Some mutual fund companies were even engaged by the NSE to do investor education (of course marketing their funds) to retail investors to drive this agenda.
I have been and will remain adamant that the Nigerian stock market needs retail investors to en masse return to the stock market with whatever amount they have in their possession if the market wants to be even keeled. The Nigerian stock market achieved its highest index value in March 2008; this is also when foreign investor participation peaked. Foreign investors were in when the market achieved its all-time high and the market has been on a topsy turvy decline since then. Retail investors drove the market between the second half of 2006 through 2007, not foreign investors. The alienation of retail investors through a variety of unfavorable policies and business decisions has been the bane of the NSE All-Share Index performance over the years. There are other reasons, but, the alienation of domestic retail investors directly and indirectly is the foundation of the market's decline.
Where are the foreign investors that were waiting to jump in with their millions of dollars after the naira depreciated in 2016? More importantly, the index performance is still in negative territory. Nigerian Bank price-earnings ratios are collectively the lowest in Africa. No foreign institutional investor appears to be excited enough to invest heavily over a sustained period of time despite the relative cheapness of bank stock prices. So what's missing? In a hyper-inflationary environment, the best way to protect yourself (besides buying things in bulk instead of piece-meal) is to invest in equities. Despite this, market participants in Nigeria (brokerage houses and investment banks) continue to ignore their own and seek foreign intervention in their market. There is a proverb in Nigeria translated means "what you need that takes you far and wide in search of is actually right next to you." Retail investors must be brought back and given the much needed platform to invest wisely and directly! Their grievances from the boom and bust of 2007 & 2008 must also be addressed.

I am happy the Securities and Exchange Commission (SEC) of Nigeria has formally announced a plan to open up the stock market to retail investors. The SEC said the lack of adequate retail investor participation has subjected the stock market to extreme fluctuations driven by foreign investor market participation volatility.

I will keep standing up for what I deem to be logically right even if unpopular. The SEC has finally aligned with my stance and has set the ball in motion. I am thrilled though, this is just the beginning. When you keep shouting, one day someone worthwhile will listen. Such is life; patience is a virtue. Retail investor, your cry is gradually being heard. I stand with you and always will.

Tell others to tell others about this Africa Research Blog; the financial TRUTH is here.

By Jude Fejokwu

www.judefejokwu..com

Agbalowomeri:


Lol
Odikwa........

Agbalowomeri:


Lie
What of the caverton and cutix bull

Tuesday, July 10, 2018
Nigeria: Sustained market rally requires domestic retail investors


Dear Africa interested professionals:

On April 25, 2016, I wrote an article (can be found as the featured post on this blog or using the search function) and stated that the domestic retail investor will determine the performance of the Nigerian stock market. 2018 has brought more evidence to buttress my assertion.

The Nigerian stock market’s most ignored and maligned customer base is the domestic retail investor. This largely ignored customer base determines how the stock market in Nigeria will perform. In January 2018, domestic retail investors put N106.5B in the Nigerian stock market and the stock market rose approximately 16%. The contribution of domestic retail investors has not even reached half of that figure per month from February to June 2018 and the Nigerian stock market is now in negative territory at approximately 1.6%.

Total foreign portfolio investment from January - May 2018 rose by 121% compared to the same period in 2017. Domestic institutional investment only rose by 58% over the first five months of 2018 relative to the same period in 2017. If domestic investors do not believe in the viability of their own stock market buoyed by the non-exposure to currency risk, foreign portfolio investors will continue to trade stocks rather than invest in stocks. Domestic institutional investors need to increase their stake in the Nigerian equity market if market stability is to be a sustained reality. Domestic retail investors need to be encouraged to invest more funds more frequently and consistently, if all investors are to experience gains from a sustained market rally.

The Nigerian ASI peaked in March 2008 driven by an all-time high number of domestic retail investors in the Nigerian stock market that started in early 2007. The stock market ended up down by 45.8% in 2008 driven by foreign portfolio investors fleeing.

The Resource Curse is afflicting Nigeria to a large extent. The Foreign Complex Curse is afflicting the Nigerian stock market courtesy of the brokerage firms. More attention and resources continue to be devoted to the foreign investor that is not able to generate a sustained upward rally in the stock market but is continually sought out for this purpose. It is time to look inward; the road to significant financial gains lies with the domestic retail investor. This is a fact; not feelings.


By Jude Fejokwu


www.judefejokwu..com

DonDraper:



Wednesday, October 26, 2016
SEC Nigeria stands up for the Retail Investor

Dear Africa interested individuals:

On Monday, April 25, 2016, I wrote an article on this blog titled:


"Nigeria All-Share Index: Retail investors will determine how it moves."
.........

I don't understand the part where the writer said and I quote "I am happy the Securities and Exchange Commission (SEC) of Nigeria has formally announced a plan to open up the stock market to retail investors."

mendes911:

Zenith Bank

http://www.nse.com.ng/Financial_NewsDocs/23000_ZENITH_BANK_PLC_CORPORATE_ACTIONS_JULY_2018.pdf

Cc: DollarTex.

correct guy! the journey is about to start,are you with your seatbelt?

DOLLARTEX:
correct guy! the journey is about to start, are you with your seatbelt?

Not at all. I have been at home. The "jeep" didn't get to my desired bus stop. I will pass for now. Safe Journey Sir.

mendes911:

Zenith Bank

http://www.nse.com.ng/Financial_NewsDocs/23000_ZENITH_BANK_PLC_CORPORATE_ACTIONS_JULY_2018.pdf

Cc: DollarTex.

Dollartex wey u dey copy to na my conductor na.

locodemy:


Dollartex wey u dey copy to na my conductor na.

I can't disrespect you by copying you (owner of the vehicle) when DollarTex is there. Na you and Madam Yariya sidon for car owner seat. Dollartex na "orderly" that just got hired.

mendes911:
Not at all. I have been at home. The "jeep" didn't get to my desired bus stop. I will pass for now. Safe Journey Sir.

Chai! Im still waiting to see the bus you go enter, even jeep you no enter.
Whether na kabu kabu or jalopy you go enter last last
Na joke o

locodemy:


Dollartex wey u dey copy to na my conductor na.

oga driver,you sure say all correct so.Before I allow you drive this bus 1.no side talk between you the driver and passenger.2. just one bottle.Don't drink and drive.lol

DOLLARTEX:
oga driver,you sure say all correct so.Before I allow you drive this bus 1.no side talk between you the driver and passenger.2. just one bottle.Don't drink and drive.lol

oooooooo.I don hear.Just close the door and sit down for the small sit tight.

Mcy56:

Chai! Im still waiting to see the bus you go enter, even jeep you no enter.
Whether na kabu kabu or jalopy you go enter last last
Na joke o

Na "Jeep" dey somersault pass for highway!

I prefer molue buses. You are sure it's on the move, then you jump in. That's far safer for me but you have got to have a very fast finger in order to do that.

I have consistently been refreshing NSE Corporate page to see when Oando will release their result. Once it's good (and I hope they release the result during trading), I will quickly jump in for a quick 25%. I know that Oando is a bad stock (debt-wise, retained earnings wise) but I will be gambling with some funds for a quickie.

My fear for Zenith is that many deep pockets might be waiting for Q2 result and then start dumping afterwards. If it had dropped substantially (Maybe below that long time support), I would have hoped they will allow a bit of recovering before they start dumping but that's not the case presently. Just my fear, I have been wrong severally.

Take a look at what happened today in Caverton. Someone was consistently dumping at N2.09.

That's my plan for now but also note that it can change any second.

locodemy:


oooooooo.I don hear.Just close the door and sit down for the small sit tight.

yes sir,listen to your bus stop passengers.first bustop-27,second bustop-29,if you like sleep forget your bus- stop na you sabi.third bus- stop - inside garage motor want change tyre.

DOLLARTEX:
yes sir,listen to your bus stop passengers.first bustop-27,second bustop-29,if you like sleep forget your bus- stop na you sabi.third bus- stop - inside garage motor want change tyre.

I no too trust this ur danfo o. If to say na FCMB or Fide Line, those ones no dey waste time. Carry go sir, wish you safe trip.

DonDraper:





Tuesday, July 10, 2018
Nigeria: Sustained market rally requires domestic retail investors


Dear Africa interested professionals:

On April 25, 2016, I wrote an article (can be found as the featured post on this blog or using the search function) and stated that the domestic retail investor will determine the performance of the Nigerian stock market. 2018 has brought more evidence to buttress my assertion.

The Nigerian stock market’s most ignored and maligned customer base is the domestic retail investor. This largely ignored customer base determines how the stock market in Nigeria will perform. In January 2018, domestic retail investors put N106.5B in the Nigerian stock market and the stock market rose approximately 16%. The contribution of domestic retail investors has not even reached half of that figure per month from February to June 2018 and the Nigerian stock market is now in negative territory at approximately 1.6%.

Total foreign portfolio investment from January - May 2018 rose by 121% compared to the same period in 2017. Domestic institutional investment only rose by 58% over the first five months of 2018 relative to the same period in 2017. If domestic investors do not believe in the viability of their own stock market buoyed by the non-exposure to currency risk, foreign portfolio investors will continue to trade stocks rather than invest in stocks. Domestic institutional investors need to increase their stake in the Nigerian equity market if market stability is to be a sustained reality. Domestic retail investors need to be encouraged to invest more funds more frequently and consistently, if all investors are to experience gains from a sustained market rally.

The Nigerian ASI peaked in March 2008 driven by an all-time high number of domestic retail investors in the Nigerian stock market that started in early 2007. The stock market ended up down by 45.8% in 2008 driven by foreign portfolio investors fleeing.

The Resource Curse is afflicting Nigeria to a large extent. The Foreign Complex Curse is afflicting the Nigerian stock market courtesy of the brokerage firms. More attention and resources continue to be devoted to the foreign investor that is not able to generate a sustained upward rally in the stock market but is continually sought out for this purpose. It is time to look inward; the road to significant financial gains lies with the domestic retail investor. This is a fact; not feelings.


By Jude Fejokwu


www.judefejokwu..com

People wey no understand how nse work; domestic retail investors only came to carry the can dumped by the foreign portfolio investors. Market will remain like this until they come back to buy from these retail investors at give-away prices, sell again to them and inflated prices and the game continues

@mendes911, its great knowing your preferred bus, you go sabi take standing wella.
I actually believed you know what you are doing, you are an old hand in this game. I think anyone that follows you wouldnt regret it, only that you na one man mopol.
Carry go jare, nothing do you.

Mcy56:

I no too trust this ur danfo o. If to say na FCMB or Fide Line, those ones no dey waste time. Carry go sha, wish you safe trip.

madam mcy56 don't worry when we reach 27 miles,we go give you journey bread, [quote author=Mcy56 post=69697560]

Mcy56:
@mendes911, its great knowing your preferred bus, you go sabi take standing wella.
I actually believed you know what you are doing, you are an old hand in this game. I think anyone that follow you would regret it, only that you na one man mopol.
Carry go jare, nothing do you.

Nobody is sure of anything (for periods like this), nothing like old or new. Any transaction period other than Nov. - Jan., na game of luck. That period is when you enter stocks and sidon gidigba.

# Week -1
##################
##################
# This week you can work with the DPLYR packages this package help you to get your results with only a few lines codes
# Step 1: Install package dplyr & read it
# install.packages('dplyr')
library(dplyr)
# Step 2: Read your data
# Pl change the location of file, please see the following video to learn about the location of file in your computer.
hosp <- read.csv("C:/UMUC/HMGTFINALEXAM.csv", header=T, sep = ',')
#Step 3: See the variables' names
names (hosp)
#You need to make sure you have the following variable in the dataset
##1 hospital_beds; Hospital beds
##2 total_hospital_employees_on_payr;Number of paid Employee
##3 total_hospital_non_paid_workers; Number of non-paid Employee
##4 total_hosp_cost; Total hospital cost
##5 log_hosp_revenue; Total hospital revenues
##6 total_hospital_medicare_days; Available Medicare days
##7 total_hospital_medicaid_days; Available Medicaid days
##8 total_hospital_discharges; Total Hospital Discharge
##9 total_hospital_medicare_discharg; Medicare discharge
##10 total_hospital_medicaid_discharg; Medicaid discharge
# step 4: see number of obs. for teaching and non-teaching hospitals
# This command shows that how many observations are available for 2011 and 2012
table(hosp$year)
# Step 5: group the variable YEAR by using the group_by command
hosp$PerCapBed <- hosp$hospital_beds/hosp$total_population
hosp$benefit <- (hosp$total_hosp_revenue-hosp$total_hosp_cost)

year_cat <- group_by(hosp, year)
# Adding a new variable
names (hosp)

DOLLARTEX:
madam mcy56 don't worry when we reach 27 miles,we go give you journey bread,

Okay Sir. I no want bread from Agba's village o, e fit no get butter and chocolate, make e no be say na that route you go pass as you dey go.
See one of his village people above.

mendes911:
Nobody is sure of anything (for periods like this), nothing like old or new. Any transaction period other than Nov. - Jan., na game of luck. That period is when you enter stocks and sidon gidigba.

I no abuse you o. That 'would' na typo error and I don correct am.

Market to take another shape from tomorrow.
The Big bank that determines the direction of the market has made an official announcement today.

Mcy56:

I no abuse you o. That 'would' na typo error and I don correct am.

You were actually right on your first post. If you do follow-follow for this market, you go wound seriously. Just master what works for you and stick to it.

Seplat.

http://www.nse.com.ng/Financial_NewsDocs/23009_SEPLAT_PETROLEUM_DEVELOPMENT_COMPANY_PLC_CORPORATE_ACTIONS_JULY_2018.pdf

Result should be in this week if they are planning on doing a presentation Monday morning.

Mcy56:

Okay Sir. I no want bread from Agba's village o, e fit no get butter and chocolate, make e no be say na that route you go pass as you dey go.
See one of his village people above.

Bus wey rats and lizard for my village go carry do estate after the crash