Good evening everyone, and I believe you everyone, and welcome to another money
space on X with me carlu Aga. Today we have a fantastic show for
you all today. This is the money week, right, the global money
week, and so we decided to just bring in the guys that do money,
talk about money and just have a chat with you all on this Sunday
evening. So we've got the guys. We've got guests tonight, so let's
be here, right. So we've got guys from Nagine Exchange, Nigeria Stock
Exchange. I also have the guys from corn Nation. Right, We're just
gonna add them in and then of course we'll start to speak. Has been
your week, guys, it's been she was the interesting start of the quarter.
So we are glad to have you all here. We're, you know,
still looking at the budget and now the exchange looking at ware to invest
that money. So this is I think it is a fantastic space to have
at this time. So I'm very here from the experts how they manage money
perhaps you know a few points out here. And then I have one of
my speakers already in here, mister Dimi. How are you sir? Mister
show. How are you, sir? Thank you. You can just get
a brief intro so folks know who were speaking to and then we can go
ahead. Okay, thank you very much, giving everyone, it's nice to
be here. It's really nice to be here. I work with Exchange and
also podcast Investments. You can sorry, thank you, thank you for being
here, sir. I'm just adding a few other guests that we want to
have a conversation with. Once I have the second person here, we'll kick
it off, sir, So welcome, Thank you for being here with me
today. If you guys don't know, then just talk. Market really has
been the bright sport in the economy this year twenty twenty four. We've had
stella returns on the index. We've seen the index rise, so that's good
for us. Is that a place for us to invest? How should we
invest? This is all the topics like to talk about today, and let
me just see. I'm just waiting for the second folks to hop in here.
Then we can kee up the questions. Right, okay, all right,
mister my guests, so I'm gonna come back to you, sir.
Right, you're the money guy. Just in terms of just the overview I've
got grace, I've got my just speaker here. Just in terms of the
audien today me just in your own words, how do you describe the Nigeral
stock market twenty twenty four? We're almost that the third month or when when
March? What will be your takeaway initially from National talk market? If i'll
take this year a twentwenty four thank you very much. Yes, the market
has been on the outside. Actually, what do you want twenty twenty four?
Also this thing of the commands of las year and also coming into the
new year and twenty twenty four, I don't like it has been reacting.
Police is goverment policy which I mean which took everyone on the brassport as government
taking a turn. I mean the physical politics. American policies are taking a
turn from what we wanted to be a bit about what's about the Nadia market.
And I've also seen an opticals participation on the foreign guys do not yet
previous level likely to domestic players health far, just putting in summary, that's
just a good one. Let's go mister Ernest here, so I'm can I
have you on mutes so so and don't get kicked off. Since I have
all of you. Okay, thank you, calor for thank you and the
one work management management. So I'm joining you're guying here to be about all
important people management. Okay, I mean you know, you know heading the
world. Mon, let's just tack right into the right your overview of the
Nigerian stock market right now. I mean one four. What's been your take
so far? I think the stop market the unique opportunities for people who want
to stand or who are before value. You're able to finished a couple of
performs imperfectly for the for the first two months of the year. I was
still drink that there are a few more opportunities in the market, especially for
those who are looking at the portfolios and they're looking at the long term.
I mean, look at the the difference of the market today. I'm only
in these opportunities for those looking to the market and diver side the box folio,
not just but also eats to be able to solitary investments. What I
eat if you don't mind details, like fans, they are usually compared with
the portfolio of stocks and they try to reflect the performance of those in the
portfolio. Gotcha, So go ahead, right? So I mean easier.
I'm more like you need to trust that during the day, like I buy
the mutual fund, but I can buy and stand during the day online the
mutual fund where I have to waste the end of the day to trade more
or less? Right, yes, yes, and because of the related if
fun with that giving you in trade, then so people in AUSTRALI understand how
the details of the fund and they also have to have a good time.
I want towards get the other chance got you, I'm saying if I'm but
I'm still forty one percent year to date returns, and then junior and n
g X equity markets don't know about correct, So it's not it's not it's
okay, okay one, I got to put one at some point, but
loss and the life we welk with tonight. So what's driving to nine protect?
What's happened in the market. Is it like our new investors coming in
or our companies giving us fantastic results. I think I read the ones that
I see m c N making extra losses, but I'm seeing set. What's
driving this nine percent? I think in the performance of the stock market last
year. I think communitively from the last year to become market for all of
us. You see that investing in that definition at an ultim high of about
the one percent, I mean you want to be able to invest in you
are able against any any decision of these values and woul have come to see
other community quite interest performance from some of the some of the companies listed on
the LAS. And this is a chap in books to make. And so
to be clear, inflation Nigeria is about thatt you wanted to run it up.
The market is dream thirty nine process. So in essence, if I
bought the Nigerian stock market index beating the very very high inflation numbers today more
or less exactly exactly according to the by NBA as a tabulary was at at
one point, so MHM should be making around the investment. Mm hmm.
Interesting. I hope one twist that out that if I invested in tween twenty
four q one the Nigerian index, I will be making a real return as
toward a real return, because my returns are admitting you know, inflation which
is very very high towards very very high in anymore so, the question,
now if I was an investor, young guy, I have a millionaire.
I don't like to participate in this term for this type of sense return that
the injuctes there after the index? How can I do this? Like?
What do I do? One two three? I want to participate, I've
not done it before? One two three? What do I do? Well?
You can come to either or any regulators broker and you are you are
coronation coronation commination secret who opened the book? Is your country? No costs,
give your to the market, share your compan orders and say yourself also
not just helping you by also able to offer your advice. Why would think
you should take them outside putations? And what temp horizons should you have when
invested it? Also trying to conduct a bit of wish to final which is
your wish to findance? You guys also recommended what to buy? I want
to invest in? I got so? So if I come to coronation,
is there a minimum? I mean, is stop come to coronation more or
less? Is there an minimum to invest in? Just talk exchange? I
mean found by stop. Is there a minimum or it's really open open?
There's no minimum? Can't buy eveny units of issues M dependents in the U.
I can buy the index I can buy maybe p t I or buy
the indexeslf S m P is not an index in Nigia. I can,
but I don't know what to buy. I want to part in the Nigerian
market itself as an index. It's just like I just buy exposure automatical marketers
like that we have. I don't think the index that pally exposedly to the
t who have from that performance that you can buy and looking at performance and
CO or the or differ SUC industry, you're able to buy that performance in
those talks, Yes, those sectors. So let me show is back in
here. I want to move to Shield and may be asking a few questions
if it's position are easy with us? Yeah? Sure, I mean you've
had thirty nine percent return, you've had the guys, citizen, we have
sectors that we can invest in particularly so for you, what are the products
as an investor? Remember I have a billionaire, I'm a young guy.
What else could I elevate or to get returns in this market? And then
a spider I what is available for me as an investor a million mira young
guy I would like to invest? What would you recommend or would you to
be what is out there to basically in two Okay, thank you mister you
the network if I had clearly you're asking what products available to invest as you
mean an investor has. Okay, is that that is correct? I mean,
what are my offers in the market. I want to partic thirty nine
percent? What should I do? I buy a part Let's talk process for
me. Okay, yeah, So interestingly in time to invest in the market
and the market, I mean quite a bien under the X has products are
rect products. I mean that's are listed on the on the exchange. We
have equities, we have on big income, we have ets and of recent
we also have derivatives. I mean that's the index futures. So as an
investor, I mean the key is the key to to edgings mean to good
returns then retards diversification. Of course we're the equities market do as high as
that night on that score. But there are also other equities. You have
ET, you have bonds, you have for example, you have the Agent
savings bonds. I mean we should have an appeal to really investors. So
the books, it's quite a basket products that we have listed on the exchange
that investors can spid so depending on their location and you risk the title the
investor, you can invest and decide to create investment across classes. So is
there specifically like I want like a specific Yes, I'm still here. I
want to get like a specific Is there like a specific stock or tack?
Because are folks listening here recently the d M. How can I invest?
How can I participate? How can I go to my broker? What lights
along the by? Can we get that grand line through details? So I
think the we we can, but you know the beg from a coronation we
do better. Yeah, so it is a well managment. So as the
exchange is not necess do that went to facility that of course we'll see that
across of course, across theater of dividue. We've had the new listing on
the exchange. Of recent we had a trans transfer par been listed on the
Actine providing the utility space in the market. So this we we be also
on the investors to look deeply as we had the valuist and also we know
that these are the macroeconomic space and also to feaze out opportunities to invest in
the market. What's the what's what's the n g X single stock future and
how can I how do I mean it's a risk thing, you know what
what's that? What's it all about? The n g X single stock future?
Yeah, so the NX single stock Future is a product that we seek
to launch very soon within within the difinishment as the tim implies future. The
very instrument and it helps you know those two things. I mean, it's
investors opportunities or the risk the investment. For example, those that have exposure
in the probably in the bitis market and you you want to take a position
that okay, maybe you have you have a few on the market and use
DEBTI the school stop futures to exercise your your users to think the market will
be at the particular time. And also it gives opportunity to investors to your
leverrick in terms of using uh maybe little capitals to I mean to also leverage
opportunities. There also risks as to that, as to as to that and
investors quite sadly to use that product. So it's a derivative instrument, and
you know it takes a value from underline the underline just like that, it's
the value of the skill stop features, preference on the underline instrument on the
underlying stock which which is listed on the extreme. So it's more as like
that your future like the same side when I buy a product. Just simply
I can buy a future and I can trade on that future. I can
hedge my position and all that. Okay, interesting, So it's going a
bit more for the sophisticated and investors out there. Okay, I don't want
to quicker DM for you. Someone is asking that I like to buy anal
stocks. I would like to buy true you know, accredited books. Can
you guys put the maybe the list of stop pokers on your side so that
way I know that if I'm buying stocks, I am buying from a registered
brodcast. It's asking us just talk ex change. But it has a link
there that they can see all the registered stock brokers, so that way they
can click it and get more disguise. Are unless architected there, So that's
just a feedback. Interestingly, the list of the stock brodcast on our website.
But I want to do maybe website can just click and see brokers the
active ones and contact to Toto invest through trading license. Yeah, I saw
the website. Top ten brokers and all that kind of stuff. So yeah,
it just had a lot of information. But you said, just find
a broker on the website on that trade. You can go to trade on
that the broker, it's listed all there. Become an investor. So it's
like you said, just bring this out putt for It's fantastic. But I
want to come back to the money guy, the world guy, like you
said, he's the one that will give us the insights for folks that you
need to get an insight. I want to get that at nine percent,
so we start any but going back to you if you don't mind what So
the question I'm getting from my followers on two is basically saying, how can
they invest? How can they start this journey? I mean they're looking for
like specific they're saying they have a million or more I don't know as an
example, how can they participate with sectors are hot but the ones as you
should they put it there one microphone on more. Let's good, sir.
So the answer quest people always wanted exactly. So it's important to always explain
to the perspective reversals that the picture market is a risky place. It is
really recommended that we're able to mutigate against the risk we are communist markets.
It's going to have a long term investment horizon, and it is important to
diversify your portfolio instead of just buying one's book. And there is concentrate all
your perfolios. If you're able to have aify your perfully again around sugars and
look for your times over the last week. So the likes of the bank
seticles the bank at the end, they are one of the top gainer dot
com markets into your positive It may be left in WI may not be so
because a person does not necessarily issuture of performance, but some of these does
actually have found them because them is actually looking at a long it's not by
long term the horizon. If you will take it into some of the stops,
you're most likely going to good returns because historically equity market has always have
from the phystical markets. So so you how do you say or how do
you want to start statly walking into corredition official money. Who can't get you
started? I mean it's as simple as that we create an account to give
you accommendation and its important. I want to don your risk of for like
exercise in this because some people some repelling restons to take thousands money and and
within two weeks before better than they are to unagitated. That is why we
pacis the importance of managing your risk. Understand your risk and considered the asset
that a lot towards your risky markets is market look towards your risk like the
ares, and measure the options. We have the last for this, for
this and for the game. Your clues that alounder physical a little as five
thousand and you get to every proper. You also have other bonds. You
can also make interest and all offerings I mean the last fibios with clues from
when you your clothes that alount to one point. Is also depending on your
risks. What if you understand the risk that you're willing to take the risk,
then you come to we're able to advance you to recommendation. It was
making the right ste of stocks to buy. Okay, And I have a
question just by you somebody saying, my dad, but a lot of stocks
I don't know where they are. I had a certificate, but I don't
know the total value. I also bought some stocks I don't registrust. I
don't know what do with them? Is it possible to go to a broker
and they will help me coordinate and get everything that I have or I've lost.
It's basically asking if it's possible to go yeah, go ahead, yes,
who can help you have a products that helps you track all your stuffs.
Assuming both stops in the past and you don't know if you really are
or you lost the satifty before the dintialization period window see issues get lost it,
you can come to us and can help you recover them. You can
also help you recover gividers that you are yet to claim and for your for
your little bad or for little parents who have shared. If you have the
right papers, dont co paper, assuming that you are the one that I
supposed to manage to Since you can come to somewhere able to help your stops
and then help you put together any perform perfect services perfect and just want just
drop in a cold that has been waiting here just as a question for you,
Ti war Solomon, You've been on the line. You've got me and
from Cornation you start them from n g X. Did you happen a question
on your mind? You want to ask real quick, tay Wi Im the
first I was guest Spike ready, just a single question for you. So
I did read someone someone sent me a message that if I don't collect my
dividends after five years, the dividends go to the government. Is that true
or is that any true to that? Right now, that is no concern.
We'll see people coming to claim divisions that was paid fifteen years ago and
those dividens are still injurish US and we just have the record of the big
dividend that so when income to us, were going to see how guide you
should the process of recovering those dividen. I mean, if you're new,
you even come to do our office simply a friend of the d and either
that's a combdation you can said to myself and we're going to do this.
Would within the country or the outside of the country where I feel able to
to the Niger change and what's still able to some of these services? Great?
And the question for you is, I know in the in the US
market, were always get the dividend yield of the market in total, like
you said, you said the stock market has beaten fixed income or it's always
being places to come in terms of real return. Do you have a number
for this city dividend yield of the stock market in Nigeria. No, yeah,
mister Henderson, sorry about that. The question I was going to ask
was this right in terms of the return of the Nitron stock market. Is
it based on capital appreciation I either movement of the stock price or is it
based on the dividends side of the market. What is driving this nine percent?
This is more of I buy, I hold, I get dividends,
or I am buying and I'm trading or I'm just holding. The stock goes
from one era to five. Now what is the key driver of that nine
percent? Is it the dividends or the private movements? So, but the
price movement in fiction and Nigel market, a lot of benefit comes to it.
One is difficult. The secondly derided that position. I mean that if
you're better in the journey in in nineteen n you're able to give good pridate,
apposition and diliden. So it doesn't mean that because the paid dividends that
the price need necessarily deficient. No, if you're able to go the stuff,
you're able to also get that. And it's some rais term says you're
able to also get a gonses and and other things that const is. And
I mean it's also good that you're in listening to a company that helps your
companies the house or conscious economic true, gotcha? Gotcha? I mean I've
got who you lined up? Who do you have a quick question for for
Shell and for NS? Will you yes? Thank you so much? Go
ahead? I want to I want to act. I think he said that
it was his last story, and I want to ask because I'm based in
assist right now and I've been looking for a way to really participate in the
start history nine travel. I haven't begin to do that. So how can
I you know, we have to use your evenil there is something I can
yourself, you know, to ulicate that done and if that's possible, it's
there likely way to track it at my end it you're app or website or
something. Great questions, Okay, can I go ahead? Go ahead?
Okay? Yeah, So different is my barrier, but listening and angel every
Okay, So where you are in NI Junior or you're outside going to were
able to help you, you can I askwen me a GM or I can
drop my email and you can reach out to us. We're able to hope
for you and therefore tracking it to have what have you. It treates you
where you're able to trace stop to yourself and see your portfolios and get valuations
of all your shares once they are recovered and they're in your portfolio, So
whether are nager your manager? When you buy those through US? You have
a platform here you can see. You can never shood on the platform yourself
seeking your orders and you see them go fantastic. So I mean, I
like what you said. Distance to the barrier. The same thing you can
do a Broadway with the child stopped and the fidelity. You can also do
in Nigeria with coronations. The message I'm getting you can open an account with
them. You can manager that portfolio from the US, buy stocks, view
it in the CSS. All ds are available and you go ahead NSA.
You can also go back and claim those lost dividends and all that. And
I'm gonna I'm gonna look for Coronation and share the handle. So if if
you sturn the handle, you will see them. But they're also on Twitter.
Coronation so on Twitter, and if you look among these speakers, they're
also in there. So I'll just say follow them real quick and then get
information. But let me go back to show show real quick. If I
go home, back to you, if I go back to do someone is
have a few questions for you. At number one, someone is asking that
ets are no longer accessible to the cell service channels. I just won't get
clarity on that. Our ETFs still accessible through the self serviceporters, because that's
exchange the funds and the seven questions asking if we have a self service option.
I'll just to talk about that real question. So sure, if you're
on the music, go ahead. Yes, mister, so I didn't get
that, well, we want said self service open. Yes, there's a
question gentleman on Twitter asking me that he can no longer get the et F
prices through the self service channels. Okay, so it's asking you there's a
problems an overside that should oh, okay, the prices, I mean the
prices should be available. So I mean it should contact the training license call
that true which is trading on that self service platform. Okay, because the
prices and every the market should be available so you know where you are and
what price you want to enter the market of exits. Okay. I think
the treat order should provide that because the prices are public information for its or
any aid. That is the seven God, so contact that present that can
talk. Look look about the shot code the checkstop prices that because lots of
the folks use the phones and the code what's the shot called to checkstop presence
and yeah, thank you very much. I mean, it's an exciting time
for retail investors in the market, and the NGS continues to, I mean
make trying to bring the market closer to to everyone so that today we can
have rather base passification and even have more MILLIONIA outs and there even the games
this fast. So the SOT code that is start five for seven for ASH,
I mean, once you start five for seven for ASH, once tad
that on your own, and it brings a lot of options you can you
can use. It shows at least some list of stock their prices and also
it gives you the so I'm training license OL that's true, which you can
buy and sales stock. So it's a code that brings the market cruiser to
the retail investors into the company. So as we'll drive more, we try
to get more suspicion in the market and make sure that we have more financial
inclusion and that short code is STARF five start five four seven four hash seven
here. Okay, I mean you send that out. You're able to get
information and that helps you with that invest because I mean, guys, remember
that investment is really all about information. He that knows and knows early he
can make more money. So the faster or the more that you know about
the market, that essentially helps you to get ahead of time. I mean,
we've got the guys in here. I still want to go to mister
ernsh missus, catchy, he's on here. Catchy, you want to have
a quick question before go ahead? Catch you? Did you have a quick
question? Sir? Okay, let me go back to mister Weldsky mean sense
I like your tattoo so much. You know, so again just from just
if you could write, I'm gonna put on the spot here. If I
was a testy five year old Nigeria and I had a ten million ira or
i million ira, how would you recommend? Not this not advice, this
is just education, right, What would you advise? How would I build
out a portfolio and askt that my portfolio you could be possible to stock market
that's fine? Or you could do other asset classes. But if I wanted
to invest in Nigeria's stock market, what sectors should I sort of put my
lens on. Which are growth sectors? Which had the sector I would give
me a dividend? What would you basically advise advice that in front of you.
Again, this is not going to be advised. You're not asking us
to go by yourself. Just education for me. You know, what would
you how would you answer that question? Sir mister Ernest okay, waits your
your muted doubts. If you speak, I can hear you. Oh,
I got you, guys. Okay. So I was playing really about what
sectors, not the particular stops per safe, but the sector indicators where I
would put money in today. If I was going to invest for say five
years, and I had a million, how should I play this market?
Because I won't have a plan. You know, in the US, I
could buy the index, but I had to have a plan more or less.
But as it's where I have a mother, a gentleman from the n
g X whom I like to bring on to the floor just so you can
reduce himself and talk about what he does. And I have a few questions
for him was a second saying welcome sir, and if you can hear me,
you can mute. If you can do an intro, then I can
ask you my questions. Sir. Please go ahead. And because yeah,
hi column, I'm believing everyone. I'm very well sa A living from ANJX.
Okay, all right, all right, mister, Yeah, I had
a question for I mean, how are you, sir? I mean how
I asked everyone this question. What's been your take three months in twenty four
what do you have taken? Nice? You have stop market too far?
Oh well, to a large extent, I think the year has been quite
positive for the markets badly, and I think it's more far fetched when you
look at the fact that ins are just practically prices are looking for catsups essentially,
so Indians have expanded for certain industries, particularizing most liquid sectors, the
banking sector particularly, and the couple of other sectors as well to sort the
battle that we're saying is cracking that and then going into there for the expected
more of that. Couple the fact that we're beginning to have community in effects
markets and that's probably driving some more FI into the markets, and then some
more the markets, thank you? Is there a coalition between the dollar exchange
it and then I just topped markets the return is theny coreation. If dollar
goes off, talks go up or go down. Is any collation there?
Well, historically I think it's been the connection has never really been linear as
it were, but there is really the same frience you could grow whenever there's
a dislocation in the currency and then it settings eventually and then you see the
market on a posting why because for players are coming into the market and drives
the market post today. So I think it's it's it's not for a fact
that these kind of assumptions have come around with the people think that is kind
of linked between the FX lookup between second half or last ye up too now
with the FX as well to going over and prices going up. So it's
not a less linear I mean if you look at twenty seven twenty seventeen,
longer had that fxpis also to you would saying that that inception was or that
there wasn't that connection of the significant it was as the math I was more
negative as foreign but exiting the market and then eventually when parss who's settled.
Rather, we saw that the market picked up, so I didn't normally after
Colling Centus, we see that sign coming over the market, and I think
it's only just the market repricing itself. Essentially when you have fxs movements or
boards, then gotcha and there's been this top of this charter, you know
offline that the market has gone so fast so quickly that it is that correct
itself and come down. I either the movements has been too fast, but
the market has to be. There has to be a correction, and all
that I know, the market will correct. Markets always correct, but it's
they're true to know more that the markets are simply moved off because there's just
too much cash into system and hence it has to find their home. Or
at Najuk company is actually delivering endings that are now driving the stock privent,
which is now driving the interest in the market. Where do you tend to
Is it more of a monetary push or more of an endings to push the
driving stocks in the market. Okay, so I think I wouldn't want to
complicate things, so let just make it a bit said pler. Look at
it this way. Naturally, as you know in finance, whenever I will
talk about valiratiows, but even the simple cash flows, future indings and all
that, and then we'll discount the backward and then we get our values and
all that. So that's how investors do that. The market accidentally irrational investors.
So look at it. For instance, we're twenty twenty a date,
the effects have moved like around maybe like about times three already thereabout now.
Then if you now look at endends of this corporated most liquid ones, that
the backing into the street players gun is I also more I'm order pulled,
which is that time and now. So it only stands to reason that prices
have to add choge because if you look at a price into that time and
now, price haven't really reflected being improved. Any price have probably maybe been
now with it because of the rally we've seen double price are double that time
and now, but then it hasn't really reflected so many that whenever we get
back to where we were three precurrency crisis. So it is what I implies
that you should expect some more great price in the market and then for the
rally. So essentially, so that's the reason why the arguments that the market
has run too fast and all that they are not really old water. Why
because uh, prices have already tracked and is as much as they should do.
So when for when a PI is coming, definitely I will driver.
They put it in the back largely for us really, so when they're come
in, you are likely going to see a bigger rally on the to where
you are right now because of the dislocation in prices and endings. Very insightful
answers I've taken notes, very very insightful. So in essence, I mean,
if we want to bring it down to a level, the market might
look on that price so or someone will say on the value right now.
Correct. So that's the point too. If you if you look at the
numbers, if you look at for instance, you look it's for us to
call the P right now, because are not a fully reporter. I mean,
I mean, you set up this a lot of cones, the most
liquid septus even reporting that results as the banking space. So so so a
say, it's a difficult us to you to look at the P right But
even without looking at the P, if you just look at the fact that
prices pre twenty twenty pre COVID. Look at prices at that time average if
you compare and you not look at it, endings also to you would just
say it kind of just look at it and you say, you say,
but you keep wanting the massive opportunity. Yeah, they're definitely so historically we
are know where we should be in nobody. So it's always you know where
prices move. For instance, now as I said, as are probably for
inst and less. I mean, if the packing set for them, just
pick baby like want to tear ones access and bt B. Look at the
ideas, look at twenty look at that. Look at it now like around
four times and it's that's actuality fanning. Look at that price not religion,
probably like around two times to that time. And now, so what it
is is that that is a trading chiep a relative to what where they should
be normally. That is, the piece should be loo should definitely be lower
than what it should be historically on average. So there will be a kind
of a real reversion over time. And that meal reversion is water where you
see pis paying attention to and they usual them tried and as a matter of
fact, some of those sides are starting now you know I see are not
explained that the pins on pain of influence into the market. So we started
seeing some actions in the market for the banking side stands in some of that
they tear ons moving. It's generally like I do tails down that's down into
the big ones. But definitely what's played that's historically were where we're currently on
the file related to where we should be ornarily. The excellent answer, Simon
is the global money we can we're talking money investing. What are trying to
say, how you in Nigeria and America, wherever you are, distance is
not a barrier. How you can get invested nineteen I about tirty nine percent,
much harder in the US, much harder than the West. This is
real return because it's beating inflation. Got the guys from coronation here with us,
also got the guys from nigrants stock exchange. So we're very very glad
and we're asking questions, getting answers, getting insights into the market. Mister
and let me bring you back in here, sir. You've had mister Kazin.
We can get some NJX talk about the market. They've implied more or
less than know the market. The earnings really the market has already caught up
with the earnings or the investors are only caught up with the earnings. In
essence, they should be or should be or should we say we hope for
that they've got an optic as the fist to come in and the banking boys
start to post their returns. So back to the question I asked Elierestair,
So if I was going to invest right now, from say Q to twenty
four, where should I be looking at more or let's se if you could
serve mister nut okay, thank you. So if they're looking at investing right
now, you may consider the financial services in Austria. The industry has a
lot of quotentials. I mean, we're getting into JPO Whendow. We'll be
bringing on some of their figures on how they perform between two eighty four in
in stray and some of these figgers are going to be deliately very impressive and
that will also attract a lot of escape. So this could also be a
good time you also consider going into industries that our first docture that looking at
the first structure of clients as recordation scrust fund thing is currently unfound. The
thing is listed at the engines. We're looking at that as the finals of
pulling into other untalenty access. You can also present the opportunity you also consider
also consider all the issues industries like the energy, the imagenust, like the
won it has a lot of quotations for investments. It's important how go into
some of this got you, I got you and mister and real quick decornation
Infrastructure fund. What is it? Can I invest in it? I mean
what are you guys? Are you guys invested in Nigeria? What is it
all about? If you could? You so looking at a Nigeria as the
country and you realize that we'll have a lot of infrastructural decisions. This has
stone stalled the development of our country economically and it has been my challenge for
the for the country. So correlation as in the ftide company, looking for
really firms that will investing to provide some of these basic infrastructures, not just
for the repons the potentials that they have proposals to help and better our collect
the future of the country. So this one is looking at whether this phone
from the channel towards you're looking basic infrastructures like transport, energy, healthcare commodities
and those basic infrastructures who are looking at our healthcose as initial mover for more.
Curren states this point is designed to provide with repose the response above it.
You don't retain me a gym bod so you're looking at it into it?
Oh, yes, I lost to lot ns there. I don't think
I see here. I lost you, sir, okay, go ahead.
Please you're talking about the youth on the on the bond. Please say that
again. Your so we follow. I think you the bones on the bond,
the paget between three four percent, and we're looking at you four hundred
many spots are both the US and an l GM bond which is currently be
change into four percent. I mean, if you're luckily your phones for a
ten year period and for an investment that please you, interests band landing for
the next two years, and we're getting reps at this level just decent.
Not just that the the investment, but the fact that it helps doubles as
initial excellent. Thank you, thank you so much. So, I mean,
let's just do a recap. I mean, we've been here for Saint
seven o'clock. We've had a gentleman from NJ Shell and mister also mister Ernest
from Coronation. I've shared coronations one number and email on Twitter, so if
you're only get in touch with them, just on the profile on my profile
or just look for them on Twitter. They're also on the space. You
can just follow them and you get all the information about the fund and what
stands talking about. NNGX as well as Nigerian Stock Exchange are also on Twitter.
Please follow them as well. They give a lot of because they had
the platform, so you get a lot of market information on biased market information
from the platform that are there, so also follow them. You've heard that.
I mean the key point for me is this. The Nigerian market is
doing thirty nine percent year to date twenty twenty four, and we've heard there's
an insight that this is not the one their best speed. They could do
more, they could move faster, but right now, this is the asset
class that is delivering a real rate of return. Real means that it's busing
inflation, so we must look at it. It doesn't mean we have to
all go invest Like Ester said, you have to do your risk profiling first
and you only invest in the stock market folds that you think match your objectives
with your risk profile or so of your liquidity needs as well. So even
though it's giving your real returns, it's got to also match your objectives what
you want to do for the year or even for a longer term ie for
retirement and all that kind of stuff. We did a TD tal we talked
about the infrastructure fund. I think it's fantastic that the private sector is raising
long term capital for infrastructure. We can't complain all the time, right,
We've got to get involved in this game and raise funds. Do in fast
structure. It's our country too write. So on that lesson of wind down,
I'm going to get shown Cosimo and NS to give us the closing remarks,
and then of course this basic is recorded. Once it's done, I
will share the raw content on the podcast so you can go back and listen.
It's also recorded on Twitter, so yes, you can go back and
listen. And I fund to reach on the speakers, like I said on
Twitter, or just for them right now to speak. So Shore, let's
start from you closing marks. I mean, what would you like to tell
the retail investors that are out here listening to us, so what should they
do Monday? Go for it? Yeah, thank you, mister k My.
I think it also beat that the market for the mental opportunities for retail
investors to invest and any returns. And we are at the market and the
broad closers. We're bringing the market closer to the retail investors. Then they
through their playing lessons older they mean obspecially in the market and the democratized.
So we advise that also we keep their highs on risk and ambassifiers not as
possible, thank you, interesting diversify as much as possible, keep your eyes
on risk. I love that, mister Kazim. Please go ahead. So
what's your take for the folks listening as you as a market investor? Of
course I ain't sure go ahead to okay kind very much so I think I
would say there a lot of opportunities. Our market has always been long with
the markets. However, we're bringing new ideas into the market, so the
markets would be more or both long and short at the same time. So
wherever a single stock futures which is going to be available for you to be
able to take bet, and they'll probably express your views in different ways.
Speculate on the market. I know the words speculation is not everybody wants a
year now because of the effects about however, it's an our finance then so
a single stock futures will give an opportunity for you to be able to express
yourself in the market and be able to edg your risk. And they're speculated
to the market and play around the market. So the markets will just belong
with you start always been or then it will now become more longer than shots
whether you can learn like a shot on the markets cz and then you can't
even trail your positions that you don't currently hold as it were. So there
are a lot of interesting opportunities that are coming for that. And then also
to were like you do the air being depository states also to now I think
we should go there first in Africa and then going to give us a lot
of opportunities to be able to also continue continue. You just can see that
in person what positionally see So how would that work for a guy like who
is in the United States? How would he use that ex Yeah, yeah,
so I think I think it would be more excited to be more of
something that we attracted to those who have the naira. I have been exposed
to naira, and who loves to have exposure to offshore markets or exposed to
their MP. Essentially, you'll be able to have the opportunity by using your
Nira to buy on the n g X and then and then while you're the
life exam will be video and you know whatever video or simply five hundred.
So all of these ideas new products of new ideas that we hope should we
come into the markets indeed in the attend also for year rounds, that we
should have something then also to be the futures as well as I mentioned,
but also coming up as well, which is the opportunity the guy in the
US already he's able to access the US market directly. However the guy legals
yare or even the guy he has if the as I and I doesn't want
to combat to the dollars, school actually also use the opportunity to to also
buy those securities on the NJX which are the under line as as the offshore
security. So you'll be able to fight and usually on a doing use use
then I you buy and then the on line is probably in Vida or anything
example or what im to buy and then even when dividends or income being paid
also flew to you as well too, and as the parents moving on the
on the New York Exchange or the last where he also translate also to respect
and in the security that has been traded on the NJX, as we actually
in terms of differsiturity. So so that the kind of idea that will be
coming over and then said the futures as well, to which we give you
the shots, the abilities for you to to to private tradeing security that you
the future for you to settle it. Wow. So could I just ask
that if you have this set up, that you please either you come on
a space or you're semi information so we can share my My dms are blowing
up. People are saying, okay, I'm interested in this, I want
this, so please please please please please at the shorts the dipposit receipts.
Please when they're out, please come back or send us need information so we
can share deep in the market, get more fpis into Nigeria at that the
whole game. Thank you so much, sir. That certainly about that,
excellent mister, Thank you sir mister. And we've got your sir for coronation
go ahead. So in talking the market, thank you so my clan a
seen information at an all time high. It has never been more important to
that right now and with the market presenting a lot of opportunities, it is
very very important that we are able to grab this opportunity because it meant to
come around again. And we as Colination are here to help you if you
want to get on board to be able to trace stops on legions of change
richards towards. We're able to provide you advice to guide you from final and
be able to guide you to buy the right stop and also guide you into
diversifying your investments. And for those looking at we are looking at us invested,
looking at just not just investing, but investing in such a way that
it pres value for the country. You may also want to consider the Coronation
Infrastructure Fund which has which had so bass too sore towards on coronation and we'll
be able to provide you more information. With the NAGER outside Nager, we're
able to help you fred for you platform get you're able to treat your stocks,
recovery your thoughts and also be able to refuel back your most divisions.
Thank you, excellence, excellent and thank you so so much, guys.
Lots of folks and asking questions. I got you. I hope you guys
got one or two things from this session with en GX Coronation under the Global
Morning Week. I did let a lot, a lot, and I'm very
very hopeful what's not happen in Nigeria in the future ass regards the stock market,
invest in the long term infrastructure and all that. So just like me,
I'm hopeful that once this out, we get this infinition out to you
guys, so that way you guys can start to invest or use the derivatives.
This market will just basically boom when we have the revatives because there are
more players can come in from different spices, different dices, and they have
a market that is open to everyone. So I thank Coronation, I thank
NJX, I thank you for being here. You guys keep well. So
the folks listening, Yes again, it's recorded. I'm willing to share the
recording via the podcast and also Twitter also has a recording, so if you
go back and listen to it. We are here every Sunday seven pm or
eight pm we are talking money, finance, the economy and personal finance.
So next week we'll be here as well to join us. And it's my
pleasure to bring this to a close for now, and I hope you guys
have a wonderful rest of the day. If you guys don't have hop on
our open spaces after this, I might be available about we don't. We
all know yet, all right, guys. Thank you so much, guys,
and you guys have a great start to your week in Nigeria and wherever
you are listening from. Thanks so much and bye.