investment

[ezekiel obasohan]

I want to invest some money but i don`t know where to invest into,please advice me.
I just stumbled into this site. I live in London, my money is just in the bank sleeping.
If i am to buy stocks, which industry or is it to go to ibtc?
Please help me.
Best regards
Ezekiel.

[namdo]

You may have to engage a stockbroker if you do not want to get the fund managers at ibtc. Someone somewhere around the forum has talked about GTB's ARM, you may also get more info.

regards,

[prof]

Dear Ezekiel
I think it is a wonderful idea for you to make a better use of your free floating money than to allow it waste in a bank account, to better advise you on how and what to do it is important for you to know what you want, the amount risk you are prepared to take, the amount of return you anticipate from your investment. There are so many investment tools avaliable with different levels of return and risk associated with them. In as much as it is easy to just get a fund manager or stock broker to manager your investment, I believe it is important to understand where your money is going to, so it is important to learn more about the different forms of investment.
For more specific suggestions on what to do you may need to furnished more information on what you really want to do with your money. Hope this is helpful.

[paragon]

hi ezekiel,
my name is chuks and i'm an editor on this site. investing is stocks is very easy yet very tasking. all it requires is for you to play by the rules.

firstly, when investing your money, invest in things that you have a knowledge about. also you invest in goods that we can call primary goods.these are goods that people cannot do without like food, petroleum and gas, beverages etc. it is in such sectors that you have high patronage. ofcourse you need the services of a broker and our goal on this forum is for ALL OUR registered members to make good returns on their investments.

feel free to mail me at chuks@stockmarketnigeria.com so i'll direct you futher on how to go.

[ezekiel obasohan]

Let me thank you guys for your kind advise and i will do as advised. cheers
Also what do see about this Dangote sugar that is selling rihgt now. Is it going to be a good buy at the end. Please advise.

[Captain Ugo]

Dangote Sugar is a very promising one considering a number of factors including management and product market control of Dangote sugar (a clear market leader, meaning huge turn over ability etc). You should expect it to be as rewarding as Nestle. Look ouut for Transcorp Too, another emerging stock.

[investor1]

Ezekiel,
I think DSR (a.k.a Dangote) is going to be a very good investment; especially for a fresh investor like you. One of my brokers at IBTC has recommended it as an "undervalued stock". It means that the stock would gain a substantial capital appreciation within a short time frame.
I wouldn't hesitate to recommend one honest broker to you if need be. Happy investment!!!

[Bayuze]

I think that Dangote will be a very good offer but regarding Transcorp i'm a bit skeptical because of the political situation in the country. The new government might wake up & decide to scrap the whole thing.

[paragon]

hi all,
the government cannot scrap a comany for no just cause. i believe nigerian are just pessimistic and it's not a good thing. most atimes the economy reacts to the way people percieve it so be careful. the same also goes for the stock market. prices are somtimes affected by the perception of pple. Always think positive and all will be well.

[olumide]

hi
i wish to direct this question to a sesoned investor.I wouldn't know how come about the EPS,PE ratio and at least five year financial summary of a company you will like to invest in.Also,i will like to be guided on how to invest in good stock.What do you think after your explanation of these question about Transcorp IPO now.

[Davy Dany]

1. Do Your Homework
Obtain and analyze as much information as possible before making your investment decisions. This will alert you of any problems a company may have, or what to expect from your investment.

2. Set Goals & Limits
Determine the price (high target price or low stop-loss price) at which you're willing to sell. Analyze interest rates to decide what return you want.

3. Don't Gamble With Money You Can't Afford To Lose
The less you can afford a loss, the more conservative you should be in your choice of investments.

4. Invest For The Long-Term
Company stock prices will fluctuate, sometimes unfavourably, in the short-term. Invest for the long-term, but keep your current financial needs in mind. You never know when you might need some of that money.