I see two possibilities here. With the opening of most economies, if a second wave of Covid19 happens again, a sharp fall in the market is expected. People will scamper for safety and exit the market in a very aggressive way than they did in the first round.

If there is no second wave or not so significant rise of Covid19, investors and traders are going to start looking for opportunities in the market. This should cause a sharp rise in prices of equities around the globe.
Nigeria will receive a reasonable inflow of FPI and there after market will trade sideways. After this phase, any breakout will be individual and dependent on event in the sector or earnings posted by the company.

meshpips:
Wait o! If person tell fish say na inside water them go cook am. Will the fish ever believe it?

Even @northeastern wey never give one call wey fit yield common 30% profit still dey yarn put my matter.

Una go come let me look like say I be trouble maker.

I like @rabbidoracle and @onegentleguy though. They are really intelligent people. I just dey try show them say shoe get size.

My dear, you wouldn't have been right if there was no covid 19, even the rate of the price recovery should let you know.

PharmAlfred:
I see two possibilities here. With the opening of most economies, if a second wave of Covid19 happens again, a sharp fall in the market is expected. People will scamper for safety and exit the market in a very aggressive way than they did in the first round.

If there is no second wave or not so significant rise of Covid19, investors and traders are going to start looking for opportunities in the market. This should cause a sharp rise in prices of equities around the globe.
Nigeria will receive a reasonable inflow of FPI and there after market will trade sideways. After this phase, any breakout will be individual and dependent on event in the sector or earnings posted by the company.

There is no second wave. No mind them.

Heat wan kee people for here. They should prepare for powerful hurricanes, typhoons, landslide after this heat.

My fear is the excess liquidity. It is worst than the coronavirus sef. But I will enjoy it (as they bring it in NSE) while it last.

Nkemjika!

pluto09:



I don't think it will get that low.
N2 might not be bad

Anywhere between ₦1.5 & <₦2 will still be a good entry for the long term holders.

ositadima1:


You are asking us mere mortals not to buy until it touches ur support prediction yet people are already sitting on huge profits, why are you like this na?

That means since his prediction in July 2019, you wouldn't have bought FBN, UBA up till this May 2020. 10 months of holding cash.

Whereas both stocks have moved from a low in August - September 2019 to a high in January 2020. Then fell to another lower low (compared to 2019) and now marching forward.

And that was why I 'jejely' explained to him that VAP will make you miss in-between peaks. And this is a grave limitation of the tool.

ositadima1:


Advanced pattern recognition as in machine learning, do you use python? All this talk about VAP is flying right over my head, in short I don vex I go go learn TA and and tensorflow. I dey vex

The human brain!

RabbiDoracle:


There is no second wave. No mind them.

Heat wan kee people for here. They should prepare for powerful hurricanes, typhoons, landslide after this heat.

My fear is the excess liquidity. It is worst than the coronavirus sef. But I will enjoy it (as they bring it in NSE) while it last.

Nkemjika!

We are waiting chief. Money has to be made regardless.

RabbiDoracle:


In engineering, when you design an equipment, the next stage should be the line of processes that you will use to mass produce the design. Because delaying in producing/replicating the idea or equipment will lead to increased demand, sought for alternatives, financial loss etc

When you design a financial tool/model, your next step should be how to easily calculate parameters for a whole range of stocks and instruments. VAP is cumbersome. I have mimicked it before when we argued last year.

Now I want you to list any stock on any exchange globally, give me the ticker symbol and tell me the time frame you want. I will try to forecast the possible price it could get using advanced pattern recognition.Once you do this, my reply to your question will be in less than 5 mins.

We have done that of Bitcoin. And I have updated you.

Oracle himself.

RichEstate:
I like it when intelligent people differ. A dummy could pick a life/portfolio saving messages. Challenge accepted on his behalf

I will not give more numbers because it will be as if am monkey-hunting or that I see tomorrow.

Ruminate on this: A dragonfly uses a predictive model to catch its prey. Despite the randomized movement of its prey, a dragonfly brain processes the information and goes somewhere along the randomized flight path to wait for its prey. It predicted the prey's future location

ositadima1:


You are asking us mere mortals not to buy until it touches ur support prediction yet people are already sitting on huge profits, why are you like this na?

I only pity those following him.

meshpips:


Bro, please stop this stupid insinuations.

See the screen shot below.

How many withdrawals can you see?

Me trade a demo account after over thirteen years of doing this? You must be a huge joke!

Audio withdrawals.... We know.

Hello everyone,

I am new into the stock market and I have found this thread very helpful. Thank you to all that have contributed.

Please could anyone advise on how to invest US Dollar or Pound Sterling or both and where to make that investment?

RabbiDoracle:


Before Dow falls, I believe it needs to hit 30K to 32K first.

Dow Jones at 30K will happened maybe after elections. But not anytime soon with the fear of second wave already heating the southern part of America. Let’s just wait and see for now

RabbiDoracle:


Ok.

Let me forecast mine.

I have done that of bitcoin.

Once Zenith breaks 18.50 resistance in June 2020, it should do 2 things :

(1)heads straight to 21.50 and and Bounce backwards to 19

(2) trades sideways at 18+ for some weeks before it fires off again.

The first target is 21. I believe it can do 21 between now and July 2020.
At 21, Zenith goes to canteen in Lokoja to eat Nkwobi and Isi-ewu and flush it down with 3 bottles of Big stout to prepare for the journey ahead

@ bolded makes sense. I have that figure at 18.90 though and i see it staying there for a while.

arduino:

Audio withdrawals.... We know.

It is confirmed!

You are a completw waste of time

I won't even bother responding to your folly after now.

https://www.pdfdrive.com/the-stock-market-cash-flow-four-pillars-of-investing-for-thriving-in-todays-markets-d176132363.html




It seems incomprehensible to me that people trust their money, their hopes, and
their dreams with those who have run the financial industry into the ground.
How can they do that? How anyone can trust people who were paid million-
dollar bonuses (rather than being fired) is beyond me.
Believing that these professionals, many of whom earn far more than you or
me, care more about your money than you do, is delusional.
This is why I am thrilled and excited about this book by Andy Tanner. And
his timing couldn’t be better. If you know that it is time for you to take control of
your financial future, this book is for you.


https://www.pdfdrive.com/the-stock-market-cash-flow-four-pillars-of-investing-for-thriving-in-todays-markets-d176132363.html

Thanks for your daily contribution everyone !

Thanks for your daily contributions everyone !
Have been busy reading past posts,learning from your geniuses across the spectrum,please house....kindly recommend long term stock/s for a newbie !
Thank you for your anticipated recommendations !

Amaru04:
Thanks for your daily contributions everyone !
Have been busy reading past posts,learning from your geniuses across the spectrum,please house....kindly recommend long term stock/s for a newbie !
Thank you for your anticipated recommendations !

You go lose money o.

Try and read up what you are about to venture into.

If you want to buy a house, you will do your own research and you will not tell someone to recommend for you.

Or you go to the food market and tell the market women/men to recommend what you will use to use a cook soup?

Do same for stock market.

Instead post the research you have done and let people critique it and then you make your choice.

The Brewery Sector has faced significant challenges in recent times caused by increased excise tax, changing consumer preferences and lower disposable income. Nevertheless for the following...

International Breweries - Battered from all sides in the last 18 months or so, the price appears to be at consolidation stage at its long term support level. I advice investors to have this on their watchlists. There remains a very small probability prices could drop to sub N4, otherwise it will range at current price levels into Q3. A number of interesting things to watch out for is return to marginal profitability by Q3 20 as debt service commitments drops materially after successful rights issue. Debt/Equity ratio moved from 2.24 in January 2018 to 6.18 in December 2018 to 35.32 in December 2019. It now stands at 0.65 as of March 2020 which is not ideal but a great improvement from past periods. Rights issue effect was applied 100% to reduce debt. Revenue is not challenged but the company will need to focus on operational efficiency to make headway. Attention is being paid to this with wholesale change in management between late 2019 to now. Finally, they need to figure out how to stay out of NBs way. Have this on your watchlist but this is not an advice to jump in now. Strictly not for JIJO folks as there is no room to maneuver here.

Champion Breweries - Fundamentals are okay with ready made market. Not recommended for long term holding. For Jijoist, if you can, jump in at 0.75k - 0.78k and plan to exit at 0.99k - N1.00 range. I believe these price ranges are all possible before year end. Another approach is to look at that 99k exit price and pick you entry based on returns preference.

Guinness - This can get to 28.49 in next few months if not weeks if market divergence from overall economy trend continues.

Remember, do your diligence or get alternative opinions on these companies and their likely price actions before taking any action yourself.

TLAX:
The Brewery Sector has faced significant challenges in recent times caused by increased excise tax, changing consumer preferences and lower disposable income. Nevertheless for the following...

International Breweries - Battered from all sides in the last 18 months or so, the price appears to be at consolidation stage at its long term support level. I advice investors to have this on their watchlists. There remains a very small probability prices could drop to sub N4, otherwise it will range at current price levels into Q3. A number of interesting things to watch out for is return to marginal profitability by Q3 20 as debt service commitments drops materially after successful rights issue. Debt/Equity ratio moved from 2.24 in January 2018 to 6.18 in December 2018 to 35.32 in December 2019. It now stands at 0.65 as of March 2020 which is not ideal but a great improvement from past periods. Rights issue effect was applied 100% to reduce debt. Revenue is not challenged but the company will need to focus on operational efficiency to make headway. Attention is being paid to this with wholesale change in management between late 2019 to now. Finally, they need to figure out how to stay out of NBs way. Have this on your watchlist but this is not an advice to jump in now. Strictly not for JIJO folks as there is no room to maneuver here.

Champion Breweries - Fundamentals are okay with ready made market. Not recommended for long term holding. For Jijoist, if you can, jump in at 0.75k - 0.78k and plan to exit at 0.99k - N1.00 range. I believe these price ranges are all possible before year end. Another approach is to look at that 99k exit price and pick you entry based on returns preference.

Guinness - This can get to 28.49 in next few months if not weeks if market divergence from overall economy trend continues.

Remember, do your diligence or get alternative opinions on these companies and their likely price actions before taking any action yourself.

Thanks.
Please has Guinness release q1 financial report 2020?

leo1234:


Thanks.
Please has Guinness release q1 financial report 2020?

They have release their Q3 results. Year end is June 30.

TLAX:


They have release their Q3 results. Year end is June 30.

Thanks. I just saw it.
Please can you give a brief analysis on their performance so far in 2020.

TLAX:
The Brewery Sector has faced significant challenges in recent times caused by increased excise tax, changing consumer preferences and lower disposable income. Nevertheless for the following...

International Breweries - Battered from all sides in the last 18 months or so, the price appears to be at consolidation stage at its long term support level. I advice investors to have this on their watchlists. There remains a very small probability prices could drop to sub N4, otherwise it will range at current price levels into Q3. A number of interesting things to watch out for is return to marginal profitability by Q3 20 as debt service commitments drops materially after successful rights issue. Debt/Equity ratio moved from 2.24 in January 2018 to 6.18 in December 2018 to 35.32 in December 2019. It now stands at 0.65 as of March 2020 which is not ideal but a great improvement from past periods. Rights issue effect was applied 100% to reduce debt. Revenue is not challenged but the company will need to focus on operational efficiency to make headway. Attention is being paid to this with wholesale change in management between late 2019 to now. Finally, they need to figure out how to stay out of NBs way. Have this on your watchlist but this is not an advice to jump in now. Strictly not for JIJO folks as there is no room to maneuver here.

Champion Breweries - Fundamentals are okay with ready made market. Not recommended for long term holding. For Jijoist, if you can, jump in at 0.75k - 0.78k and plan to exit at 0.99k - N1.00 range. I believe these price ranges are all possible before year end. Another approach is to look at that 99k exit price and pick you entry based on returns preference.

Guinness - This can get to 28.49 in next few months if not weeks if market divergence from overall economy trend continues.

Remember, do your diligence or get alternative opinions on these companies and their likely price actions before taking any action yourself.

There is only one thing on the lips of international breweries Management and it's how to deleverage.....They are currently working for the banks and various creditors, I will know a turn around in this industry is near, when the bells of restructuring kicks off, the kind currently going on in wapco and uacn......This can only come about in an atmosphere of favorable govt policy...........

Can one trade shorts in the NSE?

"Buy and hold only works if you do both when markets crash.

It's much easier to both buy and hold when markets are rising,"

Ben Carlson

Trading the path of money flow is the best recommendation

Graciously following FPI too much money is coming, demand would soon outweight

supply.

RabbiDoracle:


There is no second wave. No mind them.

Heat wan kee people for here. They should prepare for powerful hurricanes, typhoons, landslide after this heat.

My fear is the excess liquidity. It is worst than the coronavirus sef. But I will enjoy it (as they bring it in NSE) while it last.

Nkemjika!

Suleiman Speaks on Future Prospect of Sterling Bank
https://businesspost.ng/banking/suleiman-speaks-on-future-prospect-of-sterling-bank/

United Capital N10bn Bond Records 124% Subscription
https://businesspost.ng/economy/united-capital-n10bn-bond-records-124-subscription/

World Bank Silent on Conditions for Nigeria’s $1.5bn Loan Request
https://businesspost.ng/economy/world-bank-silent-on-conditions-for-nigerias-1-5bn-loan-request/

NSE Market Value Hits N13.136trn as Bulls Remain Hyperactive
https://businesspost.ng/economy/nse-market-value-hits-n13-136trn-as-bulls-remain-hyperactive/

Investors Increase Investment in Nigerian Stocks
https://businesspost.ng/economy/investors-increase-investment-in-nigerian-stocks/

SMEs: Warning Signs of Business Failure in COVID-19 Era
https://businesspost.ng/featureoped/smes-warning-signs-of-business-failure-in-covid-19-era/

Hello guys and gurus in the house.
Please , can one reinvest on'es dividends directly without receiving it first .
If it is possible ,how does one go about it

debostar:
Hello guys and gurus in the house.
Please , can one reinvest on'es dividends directly without receiving it first .
If it is possible ,how does one go about it

If you invested in Money market fund, yes you can reinvest dividend. As for stock investment, the answer is no. The reason is the dividend is paid by the Registrar and not the broker. You get your dividend paid to your account before sending to your broker for reinvestment.

civilserva:


If you invested in Money market fund, yes you can reinvest dividend. As for stock investment, the answer is no. The reason is the dividend is paid by the Registrar and not the broker. You get your dividend paid to your account before sending to your broker for reinvestment.

Stanbic Ibtc gives you the opportunity to do that when they declare dividends but most companies don't