meshpips:


Hi,

your friend bought Zenith at almost the lowest price for this year (though you said two weeks ago, that stock didn't trade that low two weeks ago but it did so about 4 weeks ago).

It seems to me that your friend knows what he is doing. I strongly recommend that you take your trading advisory service from him alone.

Don't you think coming into a faceless forum to seek such advice is risky?

Just do whatever your friend says for you to do and I think you will be just fine.

All the best sir!

I believe he is trying to confirm other recommendations his friend gave him.
You advised well, but you can further assist if he gives us the financial background of his friend, the friend might be buying from the advice of his friend's friend... (They say I shoukld stop smilling)

Wisdom!

meshpips:


Hi,

your friend bought Zenith at almost the lowest price for this year (though you said two weeks ago, that stock didn't trade that low two weeks ago but it did so about 4 weeks ago).

It seems to me that your friend knows what he is doing. I strongly recommend that you take your trading advisory service from him alone.

Don't you think coming into a faceless forum to seek such advice is risky?

Just do whatever your friend says for you to do and I think you will be just fine.

All the best sir!

meine:
Madam please i dont see negative energy o, I didnt crack a joke, i asked a money saving and serious question. Wetin con bring "writing long epistle" for inside the reply? Is it to deter those who can provide good analysis by tagging them as "writing long epistle"?

Bros, don't always take anything too serious in a faceless forum.
We don't only make money here, we joke as well, make person no come develop hbp.
There's a lot of uncertainty in the market now due to the situation of things in the country and the world as a whole.
The short/medium term risk takers in the market are even monitoring their investments so they can take action when there's the need to do so. Difficult to advice newbie on any stock now.

1kinggy:


But why?

Ask prof o...na prof talk am.

The honest truth!

Mcy56:

Bros, don't always take anything too serious in a faceless forum.
We don't only make money here, we joke as well, make person no come develop hbp.
There's a lot of uncertainty in the market now due to the situation of things in the country and the world as a whole.
The short/medium term risk takers in the market are even monitoring their investments so they can take action when there's the need to do so. Difficult to advice newbie on any stock now.

Mcy56:

Bros, don't always take anything too serious in a faceless forum.
We don't only make money here, we joke as well, make person no come develop hbp.

Hmmm i understand you, the reason i answer him like that was because i saw him condemning one guys analysis few days ago on this page. Its not a good thing to do. I am a 45 year old man, i can sample conflicting opinion and take good decision. He mention UBA later, why he no go straight before if he really wanted to help?

Mcy56:

Bros, don't always take anything too serious in a faceless forum.
We don't only make money here, we joke as well, make person no come develop hbp.
There's a lot of uncertainty in the market now due to the situation of things in the country and the world as a whole.
The short/medium term risk takers in the market are even monitoring their investments so they can take action when there's the need to do so. Difficult to advice newbie on any stock now.

On Point!!!
This is a time for trading patience NOT stocks......

I have been a silent investor for a while now and I currently tracking Guiness.

Anybody with idea on what a the fair bottom price for the stock is?

ablyguy:
I have been a silent investor for a while now and I currently tracking Guiness.

Anybody with idea on what a the fair bottom price for the stock is?

Mcy56, kindly help.
Now afraid to answer monikers configured using U,Y & G ....Yours get Y.........

meine:
Hmmm i understand you, the reason i answer him like that was because i saw him condemning one guys analysis few days ago on this page. Its not a good thing to do. I am a 45 year old man, i can sample conflicting opinion and take good decision. He mention UBA later, why he no go straight before if he really wanted to help?

Sir, don't always judge a book by its cover.
Some actions are coincidence sometimes. Not enough to draw a conclusion.
While UBA is good, me I would also mention JBerger for dividend and possible price appreciation at price btw 23.50/24. If you can get below this fine.
There are other good stocks too, let me leave it for my ogas on top to mention.
Remember due diligence applies sir.

Mcy56:

Africa Prudential Registrar PLS TAKE NOTE!

.

Mcy56:

While UBA is good, me I would also mention JBerger for dividend and possible price appreciation at price btw 23.50/24. If you can get below this fine.
There are other good stocks too, let me leave it for my ogas on top to mention.
Remember due diligence applies sir.

Thanks is Julius berger liquid if somebody want to sell anytime.

DeRuggedProf:
Mcy56, kindly help.
Now afraid to answer monikers configured using U,Y & G ....Yours get Y.........

Prof why do you want to change the baton nah? LOL @ mine get "Y".
Ablyguy, pls direct your kwesion to the Oracle, Oga RabbiDoracle himself have reply to your enquiry.
He mentioned Guinness few days ago, seems it's bottoming out now.

olusiji1:
If I could teach you how to make money with your smartphone in this LOCKDOWN would be interested? TYPE YES or follow the link below
https:///Kr9uK05lRQSLhOhM5IGgPF

This is the wrong forum, people here already know how to make money

aremso:



Do u invest in Alcohol making companies ?

Sir, I sent a mail to you few days ago

meine:
Thanks is Julius berger liquid if somebody want to sell anytime.

I think that's where the issue lies, not that liquid if you're looking at accumulating in millions and for short term.
JBerger investors here can advice you better.
If you're looking at liquidity, then the best stocks to buy are banking stocks.

DeRuggedProf:


Mcy56, kindly help.
Now afraid to answer monikers configured using U,Y & G ....Yours get Y.........

I am innocent of any crime you think I committed sir.

Just assist a young chap trying to making investment decisions.

BEST ARTICLE OF THE DAY.

PREPARE FOR A DECADE OF LOW STOCK MARKET RETURNS
https://finance.yahoo.com/news/stock-market-valuations-elevated-low-returns-morning-brief-100032494.html

Who knows what the near future holds for the stock market? Certainly, no one could’ve predicted this year’s market crash, which was triggered by a pandemic no one saw coming. And few could’ve seen the market surge from its March lows.

It’s because of this unpredictability of the short term that investors are better advised to think long term.
Unfortunately, some of Wall Street’s top forecasters warn that stocks at current prices amid the gloomy economic backdrop are likely to deliver lackluster average returns for years.

“For reasons that will take time for historians to assess, equities did not immediately plunge to a level proportional to the historic collapse in the economy,” Citi Private Bank’s Steve Wieting wrote on Friday.

Specifically, they blame where stock prices are now relative to earnings.

“Valuations indicate 10-yr annualized returns of 4-5%,” Bank of America’s Savita Subramanian wrote on April 16. The S&P 500 today is trading at similar levels as when she published her forecast.

“Whereas valuations are poor near-term market timing signals, valuation is almost all that matters for the long-term,” she added. “Based on regressions, today's valuations suggest S&P 500 annualized 10-yr price returns of 4%-5%. This is lower than average returns in prior decades and roughly half of the 8% annualized price return we've enjoyed since post-WWII (1947). But valuation metrics are mostly elevated relative to history, suggesting an inferior entry point vs prior years.”

Subramanian noted that this is in line with a recent San Francisco Fed study of 15 pandemics going back to the Black Death, which found economic effects tend to persist for years accompanied by below-average asset returns.

Wieting came to a similar conclusion after reviewing the cyclically-adjusted price-earnings (CAPE) ratio, a measure which was popularized by Nobel prize-winning economist Robert Shiller and is credited for predicting the dot-com bubble.

He notes that unlike the global financial crisis of 2008, the coronavirus pandemic isn’t offering a particularly attractive valuation proposition.

The long-term outlook for stock market returns doesn't look great. (Citi Private Bank)
The long-term outlook for stock market returns doesn't look great. (Citi Private Bank)
“Fast acting policymakers with the experience of 2008/2009 and the exogenous, largely temporary nature of the virus shock have helped,“ Wieting said. “Also, the severe weakness and double-digit returns that followed the Global Financial Crisis — with so many investors never comfortably taking equity risk — left money on the sidelines, looking for a dip to buy.”

“With neither fear nor greed vanquished for now, we believe U.S. large cap stock investors can look forward to more middling returns,” Wieting added.

At least Wieting and Subramanian see returns. The managers at GMO see annual real returns over the next seven years averaging -1.5% for large cap U.S. stocks.

Elsewhere in valuations, the ratio of the U.S. stock market capitalization to U.S. GDP — Warren Buffett once called it “probably the best single measure of where valuations stand at any given moment“ — is also elevated.

That said, history doesn’t always repeat. And for what it’s worth, Robert Shiller raised doubts about the CAPE ratio and Warren Buffett warned against considering market cap-to-GDP in a vacuum. And everyone will further tell you that low interest rates justify higher equity valuations. It’s a lot to think about.

By Sam Ro, managing editor. Follow him at @SamRo

Mcy56:

Prof why do you want to change the baton nah? LOL @ mine get "Y".
Ablyguy, pls direct your kwesion to the Oracle, Oga RabbiDoracle himself have reply to your enquiry.
He mentioned Guinness few days ago, seems it's bottoming out now.

Thanks.

cc RabbiDoracle, kindly assist

Madam, what happen? I am waiting for UCAP's 50kobo dividend to land tomorrow.

Mcy56:

I dont think United Capital Registrar exist again.
Guess it merged with Africa Prudential.
Even UCap uses Africa Prudential.

rebekah2011:
Madam, what happen? I am waiting for UCAP's 50kobo dividend to land tomorrow.

Sir, tomorrow is for the proxy AGM. 29th is payment date.

NOTICE IS HEREBY GIVEN that the 2020 Annual General Meeting of United Capital Plc, earlier postponed due to the COVID-19 Pandemic, will now hold on Tuesday, April 28, 2020, at the Afriland Towers, 97/105 Broad Street, Lagos, at 11.00 a.m. to transact the following businesses:

6. DIVIDEND
If the dividend recommended by the Directors is approved by the shareholders at the AGM, dividend will be paid by Wednesday April 29 2020. Given the previous notice to the shareholders and the investing public by the Company on the closing period for the purpose of dividend payment, dividend approved at the AGM will be paid to the shareholders whose names appear in the Company’s Register of Members at the close of business on March 6, 2020.

**edited

ablyguy:
I am innocent of any crime you think I committed sir.
Just assist a young chap trying to making investment decisions.

Lol. Prof jokes a lot. Just catch your fun and pick salient points from the jokes.
Guiness: Bids 3.4M; offers 316k as at now.
The buyers are increasing, close to the bottom now and may likely reverse...............going by Oga Oracle's prediction if I'm right.
Pls note: Do your due diligence. Mr. Market has a mind of its own.

Buyers don't want to buy high, sellers don't want to sell low. That's the summary of the market so far.

Volume has been low compared to other days.

PharmAlfred:
Buyers don't want to buy high, sellers don't want to sell low. That's the summary of the market so far.

Volume has been low compared to other days.

Broke men don't trade.

People (who are still likely to earn salary) are waiting for cash to settle into their accounts. After which they can decide what inject into the market appropriately.

The next couple of days should see some improved trade volume.

Ok. Thanks.

Mcy56:

Sir, tomorrow is for the proxy AGM. 29th is payment date.

NOTICE

**edited

PharmAlfred:
Buyers don't want to buy high, sellers don't want to sell low. That's the summary of the market so far.
Volume has been low compared to other days.

You're right. Bidders bidding lower. Sellers not willing to sell low.

ablyguy:


Thanks.

cc RabbiDoracle, kindly assist

Strong buy if you are holding for long term and you are not veecovee

Where do you guys get this bid and offer info, I non de see am for morgan o, abi I am not looking at the right place?

Mcy56:

Lol. Prof jokes a lot. Just catch your fun and pick salient points from the jokes.
Guiness: Bids 3.4M; offers 316k as at now.
The buyers are increasing, close to the bottom now and may likely reverse...............going by Oga Oracle's prediction if I'm right.
Pls note: Do your due diligence. Mr. Market has a mind of its own.

PharmAlfred:
Buyers don't want to buy high, sellers don't want to sell low. That's the summary of the market so far.

Volume has been low compared to other days.

Look well and you will see where it is headed to.

Shaking off weak hands through frustrating trades.

RabbiDoracle:
Strong buy if you are holding for long term and you are not veecovee

Chai!!!

Godlylifeoneart:
BEST ARTICLE OF THE DAY.

PREPARE FOR A DECADE OF LOW STOCK MARKET RETURNS
https://finance.yahoo.com/news/stock-market-valuations-elevated-low-returns-morning-brief-100032494.html

Who knows what the near future holds for the stock market? Certainly, no one could’ve predicted this year’s market crash, which was triggered by a pandemic no one saw coming. And few could’ve seen the market surge from its March lows.

It’s because of this unpredictability of the short term that investors are better advised to think long term.
Unfortunately, some of Wall Street’s top forecasters warn that stocks at current prices amid the gloomy economic backdrop are likely to deliver lackluster average returns for years.

“For reasons that will take time for historians to assess, equities did not immediately plunge to a level proportional to the historic collapse in the economy,” Citi Private Bank’s Steve Wieting wrote on Friday.

Specifically, they blame where stock prices are now relative to earnings.

“Valuations indicate 10-yr annualized returns of 4-5%,” Bank of America’s Savita Subramanian wrote on April 16. The S&P 500 today is trading at similar levels as when she published her forecast.

“Whereas valuations are poor near-term market timing signals, valuation is almost all that matters for the long-term,” she added. “Based on regressions, today's valuations suggest S&P 500 annualized 10-yr price returns of 4%-5%. This is lower than average returns in prior decades and roughly half of the 8% annualized price return we've enjoyed since post-WWII (1947). But valuation metrics are mostly elevated relative to history, suggesting an inferior entry point vs prior years.”

Subramanian noted that this is in line with a recent San Francisco Fed study of 15 pandemics going back to the Black Death, which found economic effects tend to persist for years accompanied by below-average asset returns.

Wieting came to a similar conclusion after reviewing the cyclically-adjusted price-earnings (CAPE) ratio, a measure which was popularized by Nobel prize-winning economist Robert Shiller and is credited for predicting the dot-com bubble.

He notes that unlike the global financial crisis of 2008, the coronavirus pandemic isn’t offering a particularly attractive valuation proposition.

The long-term outlook for stock market returns doesn't look great. (Citi Private Bank)
The long-term outlook for stock market returns doesn't look great. (Citi Private Bank)
“Fast acting policymakers with the experience of 2008/2009 and the exogenous, largely temporary nature of the virus shock have helped,“ Wieting said. “Also, the severe weakness and double-digit returns that followed the Global Financial Crisis — with so many investors never comfortably taking equity risk — left money on the sidelines, looking for a dip to buy.”

“With neither fear nor greed vanquished for now, we believe U.S. large cap stock investors can look forward to more middling returns,” Wieting added.

At least Wieting and Subramanian see returns. The managers at GMO see annual real returns over the next seven years averaging -1.5% for large cap U.S. stocks.

Elsewhere in valuations, the ratio of the U.S. stock market capitalization to U.S. GDP — Warren Buffett once called it “probably the best single measure of where valuations stand at any given moment“ — is also elevated.

That said, history doesn’t always repeat. And for what it’s worth, Robert Shiller raised doubts about the CAPE ratio and Warren Buffett warned against considering market cap-to-GDP in a vacuum. And everyone will further tell you that low interest rates justify higher equity valuations. It’s a lot to think about.

By Sam Ro, managing editor. Follow him at @SamRo

The same analysts that would start making notes telling clients to buy buy when stocks start rising

RabbiDoracle:


Look well and you will see where it is headed to.

Shaking off weak hands through frustrating trades.

Mostly likely. If it moves, it is likely going to bang.