That has always been antidote to fear

RabbiDoracle:


This is a reporting week. Till April.

I want to believe that everything has been priced into the stock prices. Some Oil sector stocks have fallen 70% max

Cruise lines stock declined at a max of 80%

So wetin remain.

The stock can't be priced at zero nauw.

Blood everywhere

In some places in Nigeria this could not be a problem. You know in your PHC most house owners are their own water corporation

RabbiDoracle:
We need to start thinking of the effect of staying at home on Water supply.

Increased washing of hands, bathing, drinking water, cleaning and disinfecting could put pressure on water supply.

Can the rate of water treatment be quickly overwhelmed by the demand for water?

Once this happens, then there will be severe crisis.

GonFreecss1:
Good to be back right after this post

You're welcome back!

The blood should get thick as COVID 19 is doing its worst.

I am not expecting any rebound! it is pathetic

Justcul:
Blood everywhere

Any news on GTB AGM?

Mcy56:

You're welcome back!

Thanks dear. You know you are the one I missed the most.

Saw my question earlier? About the stockbroking firms?�

TLAX:
I have a feeling that word defensive stock is confusing people o people are confusing it with ability to defy price trend so i have gone to Investopedia
What Is a Defensive Stock?

A defensive stock is a stock that provides consistent dividends and stable earnings regardless of the state of the overall stock market. There is a constant demand for their products, so defensive stocks tend to be more stable during the various phases of the business cycle.

This and Sir OGG's response takes good care of the subject.

Benjacky48:
Any news on GTB AGM?

my broker told me it's on going

naturalflow:
People still buying stocks?FPI that are running away you get sense pass them?

Yes


Both the buyers and sellers may be right, let me explain a little bit.
Say I want to buy a car, the kind I will get will depend on a few factors: purpose (what I need the car for), budget (how much I have), location (will I have spares here, can it withstand potholes) ...
Same for investments, what is your purpose?
So what if FPI is bailing out because they forsee a fall in Naira (so when they convert to dollar it's less than before) they forsee difficulty in repatriating their dollars (since CBN may be short on dollars and will reserve it for the most pressing needs) maybe they just don't want to lag their contemporaries when the reports for next quarter come out (better to bail out as all other FPI's are bailing out)
Now the question to you is,
Is your purpose same as the FPI's?

Jerekre:

Yes


Both the buyers and sellers may be right, let me explain a little bit.
Say I you want to buy a car, the kind I will get will depend on a few factors: purpose (what I need the car for), budget (how much I have), location (will I have spares here, can it withstand potholes) ...
Same for investments, what is your purpose?
So what if FPI is bailing out because they forsee a fall in Naira (so when they convert to dollar it's less than before) they forsee difficulty in repatriating their dollars (since CBN may be short on dollars and will reserve it for the most pressing needs) maybe they just don't want to lag their contemporaries when the reports for next quarter come out (better to bail out as all other FPI's are bailing out)
Now the question to you is,
Is your purpose same as the FPI's?

Interesting perspective

IYGEAL:


He even showed a snapshot. I still doubt. Only him has said he was paid. Seems odd. Very odd.

I don't think they paid... Look at the last paid dividend...
That's from UBA in wealth.ng

GonFreecss1:
Thanks dear. You know you are the one I missed the most.

Saw my question earlier? About the stockbroking firms?�

Lol. Nice to see you're coming back to NSE.
So, the coast is clear or what do you have for us?

Yes. Saw it and was about to reply, Morgan remains the cheapest so far and they improved on their customer service too.

Hope everything is great at your end.

wamiikechukwu:
I saw the requirements to open an account with Morgan Capital... I weak.
I opened with wealth.ng
I am Planning on buying 1,000 unit of UBA today but I feel the price is high.
What do you think will it fall below #5. 35?

What requirements for Morgan?
To fill acct opening form, attach valid means of ID, passport photograph and utility bill; if these makes you weak, I wonder what you want again, maybe free account opening.
Nice advert for wealth.ng anyway. Try and tell us more about them for comparison purposes. Some may also be interested if they offer better services.

As for UBA, N5 or below is okay.

Jerekre:

Yes


Both the buyers and sellers may be right, let me explain a little bit.
Say I want to buy a car, the kind I will get will depend on a few factors: purpose (what I need the car for), budget (how much I have), location (will I have spares here, can it withstand potholes) ...
Same for investments, what is your purpose?
So what if FPI is bailing out because they forsee a fall in Naira (so when they convert to dollar it's less than before) they forsee difficulty in repatriating their dollars (since CBN may be short on dollars and will reserve it for the most pressing needs) maybe they just don't want to lag their contemporaries when the reports for next quarter come out (better to bail out as all other FPI's are bailing out)
Now the question to you is,
Is your purpose same as the FPI's?

they say fpi drives our market,it will be expedient for me to trade along this line I.e if they are going out,I go out with them,if they come back,I come back with them.if I buy now when market is going down,what is the need since I can still buy lower latter.

GonFreecss1:


Thanks dear. You know you are the one I missed the most.

Saw my question earlier? About the stockbroking firms?�

The two paddy...no oza room this time around.

wamiikechukwu:



I don't think they paid... Look at the last paid dividend...

That's from UBA in wealth.ng

This is still as vague as the previous. No mention of amount paid and date of payment.
Price range looks like this year. Is it?
Were you the one that received this or someone sent to you?

thebargainhunte:
The two paddy...no oza room this time around.

They banned oza room too cos of Covid19.
Oza room will come later later. Lol.

Which companies are holding their board meeting today?

Benjacky48:
Any news on GTB AGM?

https://www.youtube.com/watch?v=GmL0_JRuZbw


GTBank AGM

Mcy56:

They banned oza room too cos of Covid19.
Oza room will come later later. Lol.

Oza room should be allowed because it removes pneumonia.
No oza room, na cold( covid19)

RabbiDoracle:


Most countries have been trading online since.

It is even a plus that Nigeria can sustain online trading inspite of the challenges.

Our cases are not as high as places in EU

Na Spain and Italy weak me pass. And they will be making mouth that they are developed economies.

The rain still dey fall, you say he no reach yesterday own.

Nigeria still dey count o, EU has peaked.

wamiikechukwu:


I saw the requirements to open an account with Morgan Capital... I weak.


I opened with wealth.ng


I am Planning on buying 1,000 unit of UBA today but I feel the price is high.


What do you think will it fall below #5. 35?

There's nothing special in their requirements. Wealth is easier because they pull your BVN data to fill oylther requirements. That's the way to go.

thebargainhunte:
Oza room should be allowed because it removes pneumonia.
No oza room, na cold( covid19)

They said make we dey take hot/warm water or tea.

locodemy:
Which companies are holding their board meeting today?

Wapco.
We don't even know if it's postpone or not, but no news on such.

Shareholders seek conversion of final dividends to interim following postponement of AGMs due to Covid19 pandemic ravaging the world........Vanguard

They better make it mandatory for them.

Thinkbigga:
https://thenationonlineng.net/buhari-exempts-banks-others-from-lockdown/

A statement jointly issued by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed and Central Bank governor, Godwin Emefiele on Monday appealed to President Buhari to enable the financial services sector particularly banks render skeletal services.

OBAGADAFFI:


A statement jointly issued by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed and Central Bank governor, Godwin Emefiele on Monday appealed to President Buhari to enable the financial services sector particularly banks render skeletal services.

However, the minister and CBN governor noted: ” To ensure that Nigerians can still perform online transactions and use ATMs whilst observing these restrictions, we will like to inform the general public and all affected stakeholders that we have obtained exemptions from the President to allow very skeletal operations in the Financial System and Money Markets in order to keep the system in light operations during this time”

NEIMETH INTERNATIONAL PHARMACEUTICALS PLC
MAY & BAKER NIGERIA PLC.
FIDSON HEALTHCARE PLC
GLAXO SMITHKLINE CONSUMER NIG

Thinkbigga:

However, the minister and CBN governor noted: ” To ensure that Nigerians can still perform online transactions and use ATMs whilst observing these restrictions, we will like to inform the general public and all affected stakeholders that we have obtained exemptions from the President to allow very skeletal operations in the Financial System and Money Markets in order to keep the system in light operations during this time”

Yes

This was after the President Speech.

Mcy56:
Shareholders seek conversion of final dividends to interim following postponement of AGMs due to Covid19 pandemic ravaging the world........Vanguard

They better make it mandatory for them.

gtb has paid