WEBVTT 1 00:00:02.879 --> 00:00:09.759 Good evening everyone, and I believe you everyone, and welcome to another money 2 00:00:09.839 --> 00:00:15.640 space on X with me carlu Aga. Today we have a fantastic show for 3 00:00:15.720 --> 00:00:20.039 you all today. This is the money week, right, the global money 4 00:00:20.039 --> 00:00:24.719 week, and so we decided to just bring in the guys that do money, 5 00:00:24.800 --> 00:00:30.039 talk about money and just have a chat with you all on this Sunday 6 00:00:30.199 --> 00:00:33.799 evening. So we've got the guys. We've got guests tonight, so let's 7 00:00:33.840 --> 00:00:37.799 be here, right. So we've got guys from Nagine Exchange, Nigeria Stock 8 00:00:37.880 --> 00:00:43.119 Exchange. I also have the guys from corn Nation. Right, We're just 9 00:00:43.119 --> 00:00:46.799 gonna add them in and then of course we'll start to speak. Has been 10 00:00:46.840 --> 00:00:51.280 your week, guys, it's been she was the interesting start of the quarter. 11 00:00:52.479 --> 00:00:56.719 So we are glad to have you all here. We're, you know, 12 00:00:56.880 --> 00:01:00.719 still looking at the budget and now the exchange looking at ware to invest 13 00:01:00.719 --> 00:01:03.640 that money. So this is I think it is a fantastic space to have 14 00:01:03.799 --> 00:01:07.760 at this time. So I'm very here from the experts how they manage money 15 00:01:08.480 --> 00:01:14.000 perhaps you know a few points out here. And then I have one of 16 00:01:14.000 --> 00:01:26.159 my speakers already in here, mister Dimi. How are you sir? Mister 17 00:01:26.680 --> 00:01:36.120 show. How are you, sir? Thank you. You can just get 18 00:01:36.159 --> 00:01:40.680 a brief intro so folks know who were speaking to and then we can go 19 00:01:40.719 --> 00:01:49.840 ahead. Okay, thank you very much, giving everyone, it's nice to 20 00:01:49.879 --> 00:02:04.239 be here. It's really nice to be here. I work with Exchange and 21 00:02:04.799 --> 00:02:15.000 also podcast Investments. You can sorry, thank you, thank you for being 22 00:02:15.080 --> 00:02:20.400 here, sir. I'm just adding a few other guests that we want to 23 00:02:20.439 --> 00:02:24.199 have a conversation with. Once I have the second person here, we'll kick 24 00:02:24.199 --> 00:02:27.879 it off, sir, So welcome, Thank you for being here with me 25 00:02:27.960 --> 00:02:32.039 today. If you guys don't know, then just talk. Market really has 26 00:02:32.159 --> 00:02:37.560 been the bright sport in the economy this year twenty twenty four. We've had 27 00:02:37.599 --> 00:02:43.400 stella returns on the index. We've seen the index rise, so that's good 28 00:02:43.400 --> 00:02:46.719 for us. Is that a place for us to invest? How should we 29 00:02:46.800 --> 00:02:52.199 invest? This is all the topics like to talk about today, and let 30 00:02:52.240 --> 00:02:54.719 me just see. I'm just waiting for the second folks to hop in here. 31 00:02:55.360 --> 00:03:05.840 Then we can kee up the questions. Right, okay, all right, 32 00:03:07.639 --> 00:03:09.840 mister my guests, so I'm gonna come back to you, sir. 33 00:03:10.280 --> 00:03:15.919 Right, you're the money guy. Just in terms of just the overview I've 34 00:03:15.919 --> 00:03:19.759 got grace, I've got my just speaker here. Just in terms of the 35 00:03:19.800 --> 00:03:23.800 audien today me just in your own words, how do you describe the Nigeral 36 00:03:23.879 --> 00:03:28.719 stock market twenty twenty four? We're almost that the third month or when when 37 00:03:28.800 --> 00:03:32.319 March? What will be your takeaway initially from National talk market? If i'll 38 00:03:32.319 --> 00:03:39.319 take this year a twentwenty four thank you very much. Yes, the market 39 00:03:39.400 --> 00:03:45.639 has been on the outside. Actually, what do you want twenty twenty four? 40 00:03:46.479 --> 00:03:53.680 Also this thing of the commands of las year and also coming into the 41 00:03:53.719 --> 00:03:57.560 new year and twenty twenty four, I don't like it has been reacting. 42 00:03:57.759 --> 00:04:03.080 Police is goverment policy which I mean which took everyone on the brassport as government 43 00:04:03.159 --> 00:04:06.960 taking a turn. I mean the physical politics. American policies are taking a 44 00:04:08.039 --> 00:04:14.680 turn from what we wanted to be a bit about what's about the Nadia market. 45 00:04:14.759 --> 00:04:19.720 And I've also seen an opticals participation on the foreign guys do not yet 46 00:04:19.920 --> 00:04:30.160 previous level likely to domestic players health far, just putting in summary, that's 47 00:04:30.240 --> 00:04:33.680 just a good one. Let's go mister Ernest here, so I'm can I 48 00:04:33.720 --> 00:04:36.680 have you on mutes so so and don't get kicked off. Since I have 49 00:04:36.800 --> 00:04:45.399 all of you. Okay, thank you, calor for thank you and the 50 00:04:45.480 --> 00:04:54.040 one work management management. So I'm joining you're guying here to be about all 51 00:04:54.079 --> 00:05:00.800 important people management. Okay, I mean you know, you know heading the 52 00:05:00.920 --> 00:05:04.360 world. Mon, let's just tack right into the right your overview of the 53 00:05:04.480 --> 00:05:10.560 Nigerian stock market right now. I mean one four. What's been your take 54 00:05:10.639 --> 00:05:16.160 so far? I think the stop market the unique opportunities for people who want 55 00:05:16.199 --> 00:05:21.639 to stand or who are before value. You're able to finished a couple of 56 00:05:23.040 --> 00:05:27.839 performs imperfectly for the for the first two months of the year. I was 57 00:05:27.839 --> 00:05:30.240 still drink that there are a few more opportunities in the market, especially for 58 00:05:30.360 --> 00:05:35.000 those who are looking at the portfolios and they're looking at the long term. 59 00:05:35.319 --> 00:05:41.279 I mean, look at the the difference of the market today. I'm only 60 00:05:43.759 --> 00:05:51.040 in these opportunities for those looking to the market and diver side the box folio, 61 00:05:51.399 --> 00:05:58.160 not just but also eats to be able to solitary investments. What I 62 00:05:58.319 --> 00:06:06.240 eat if you don't mind details, like fans, they are usually compared with 63 00:06:06.360 --> 00:06:11.839 the portfolio of stocks and they try to reflect the performance of those in the 64 00:06:11.959 --> 00:06:17.240 portfolio. Gotcha, So go ahead, right? So I mean easier. 65 00:06:17.399 --> 00:06:20.639 I'm more like you need to trust that during the day, like I buy 66 00:06:20.759 --> 00:06:24.959 the mutual fund, but I can buy and stand during the day online the 67 00:06:25.040 --> 00:06:28.959 mutual fund where I have to waste the end of the day to trade more 68 00:06:29.040 --> 00:06:34.759 or less? Right, yes, yes, and because of the related if 69 00:06:36.160 --> 00:06:44.319 fun with that giving you in trade, then so people in AUSTRALI understand how 70 00:06:44.360 --> 00:06:48.680 the details of the fund and they also have to have a good time. 71 00:06:48.879 --> 00:06:55.240 I want towards get the other chance got you, I'm saying if I'm but 72 00:06:55.399 --> 00:07:00.759 I'm still forty one percent year to date returns, and then junior and n 73 00:07:00.800 --> 00:07:10.480 g X equity markets don't know about correct, So it's not it's not it's 74 00:07:13.079 --> 00:07:17.120 okay, okay one, I got to put one at some point, but 75 00:07:18.600 --> 00:07:30.079 loss and the life we welk with tonight. So what's driving to nine protect? 76 00:07:30.160 --> 00:07:32.480 What's happened in the market. Is it like our new investors coming in 77 00:07:32.759 --> 00:07:39.199 or our companies giving us fantastic results. I think I read the ones that 78 00:07:39.279 --> 00:07:43.680 I see m c N making extra losses, but I'm seeing set. What's 79 00:07:43.800 --> 00:07:50.480 driving this nine percent? I think in the performance of the stock market last 80 00:07:50.560 --> 00:08:01.120 year. I think communitively from the last year to become market for all of 81 00:08:01.279 --> 00:08:09.199 us. You see that investing in that definition at an ultim high of about 82 00:08:09.240 --> 00:08:13.240 the one percent, I mean you want to be able to invest in you 83 00:08:13.319 --> 00:08:18.480 are able against any any decision of these values and woul have come to see 84 00:08:18.560 --> 00:08:24.040 other community quite interest performance from some of the some of the companies listed on 85 00:08:24.120 --> 00:08:31.639 the LAS. And this is a chap in books to make. And so 86 00:08:31.800 --> 00:08:37.840 to be clear, inflation Nigeria is about thatt you wanted to run it up. 87 00:08:37.240 --> 00:08:41.919 The market is dream thirty nine process. So in essence, if I 88 00:08:41.080 --> 00:08:50.039 bought the Nigerian stock market index beating the very very high inflation numbers today more 89 00:08:50.120 --> 00:08:58.279 or less exactly exactly according to the by NBA as a tabulary was at at 90 00:08:58.399 --> 00:09:11.399 one point, so MHM should be making around the investment. Mm hmm. 91 00:09:11.600 --> 00:09:16.960 Interesting. I hope one twist that out that if I invested in tween twenty 92 00:09:16.039 --> 00:09:22.440 four q one the Nigerian index, I will be making a real return as 93 00:09:22.480 --> 00:09:26.559 toward a real return, because my returns are admitting you know, inflation which 94 00:09:26.639 --> 00:09:31.360 is very very high towards very very high in anymore so, the question, 95 00:09:31.480 --> 00:09:35.879 now if I was an investor, young guy, I have a millionaire. 96 00:09:35.519 --> 00:09:41.360 I don't like to participate in this term for this type of sense return that 97 00:09:41.480 --> 00:09:46.200 the injuctes there after the index? How can I do this? Like? 98 00:09:46.480 --> 00:09:50.440 What do I do? One two three? I want to participate, I've 99 00:09:50.519 --> 00:09:54.000 not done it before? One two three? What do I do? Well? 100 00:09:56.720 --> 00:10:01.200 You can come to either or any regulators broker and you are you are 101 00:10:01.639 --> 00:10:11.120 coronation coronation commination secret who opened the book? Is your country? No costs, 102 00:10:11.799 --> 00:10:16.440 give your to the market, share your compan orders and say yourself also 103 00:10:16.679 --> 00:10:22.720 not just helping you by also able to offer your advice. Why would think 104 00:10:22.759 --> 00:10:28.440 you should take them outside putations? And what temp horizons should you have when 105 00:10:28.519 --> 00:10:35.480 invested it? Also trying to conduct a bit of wish to final which is 106 00:10:35.519 --> 00:10:39.039 your wish to findance? You guys also recommended what to buy? I want 107 00:10:39.080 --> 00:10:43.519 to invest in? I got so? So if I come to coronation, 108 00:10:45.240 --> 00:10:48.600 is there a minimum? I mean, is stop come to coronation more or 109 00:10:48.639 --> 00:10:52.759 less? Is there an minimum to invest in? Just talk exchange? I 110 00:10:52.799 --> 00:10:58.679 mean found by stop. Is there a minimum or it's really open open? 111 00:10:58.799 --> 00:11:07.720 There's no minimum? Can't buy eveny units of issues M dependents in the U. 112 00:11:07.960 --> 00:11:11.159 I can buy the index I can buy maybe p t I or buy 113 00:11:11.240 --> 00:11:15.600 the indexeslf S m P is not an index in Nigia. I can, 114 00:11:15.679 --> 00:11:18.840 but I don't know what to buy. I want to part in the Nigerian 115 00:11:18.960 --> 00:11:24.240 market itself as an index. It's just like I just buy exposure automatical marketers 116 00:11:24.320 --> 00:11:31.279 like that we have. I don't think the index that pally exposedly to the 117 00:11:33.240 --> 00:11:41.000 t who have from that performance that you can buy and looking at performance and 118 00:11:41.480 --> 00:11:48.320 CO or the or differ SUC industry, you're able to buy that performance in 119 00:11:48.399 --> 00:11:56.320 those talks, Yes, those sectors. So let me show is back in 120 00:11:56.399 --> 00:12:00.000 here. I want to move to Shield and may be asking a few questions 121 00:12:00.440 --> 00:12:05.960 if it's position are easy with us? Yeah? Sure, I mean you've 122 00:12:05.039 --> 00:12:09.519 had thirty nine percent return, you've had the guys, citizen, we have 123 00:12:09.679 --> 00:12:16.000 sectors that we can invest in particularly so for you, what are the products 124 00:12:16.000 --> 00:12:18.879 as an investor? Remember I have a billionaire, I'm a young guy. 125 00:12:20.440 --> 00:12:24.240 What else could I elevate or to get returns in this market? And then 126 00:12:24.240 --> 00:12:31.399 a spider I what is available for me as an investor a million mira young 127 00:12:31.519 --> 00:12:33.639 guy I would like to invest? What would you recommend or would you to 128 00:12:33.759 --> 00:12:41.919 be what is out there to basically in two Okay, thank you mister you 129 00:12:43.960 --> 00:12:50.399 the network if I had clearly you're asking what products available to invest as you 130 00:12:50.480 --> 00:12:56.519 mean an investor has. Okay, is that that is correct? I mean, 131 00:12:56.559 --> 00:12:58.519 what are my offers in the market. I want to partic thirty nine 132 00:12:58.519 --> 00:13:03.360 percent? What should I do? I buy a part Let's talk process for 133 00:13:03.480 --> 00:13:07.799 me. Okay, yeah, So interestingly in time to invest in the market 134 00:13:07.919 --> 00:13:15.000 and the market, I mean quite a bien under the X has products are 135 00:13:15.240 --> 00:13:18.919 rect products. I mean that's are listed on the on the exchange. We 136 00:13:18.039 --> 00:13:22.320 have equities, we have on big income, we have ets and of recent 137 00:13:22.480 --> 00:13:28.919 we also have derivatives. I mean that's the index futures. So as an 138 00:13:28.000 --> 00:13:35.559 investor, I mean the key is the key to to edgings mean to good 139 00:13:35.639 --> 00:13:39.679 returns then retards diversification. Of course we're the equities market do as high as 140 00:13:39.759 --> 00:13:45.879 that night on that score. But there are also other equities. You have 141 00:13:46.039 --> 00:13:48.720 ET, you have bonds, you have for example, you have the Agent 142 00:13:48.840 --> 00:13:52.960 savings bonds. I mean we should have an appeal to really investors. So 143 00:13:54.200 --> 00:13:58.000 the books, it's quite a basket products that we have listed on the exchange 144 00:13:58.000 --> 00:14:03.559 that investors can spid so depending on their location and you risk the title the 145 00:14:03.679 --> 00:14:11.639 investor, you can invest and decide to create investment across classes. So is 146 00:14:11.720 --> 00:14:20.639 there specifically like I want like a specific Yes, I'm still here. I 147 00:14:20.720 --> 00:14:24.320 want to get like a specific Is there like a specific stock or tack? 148 00:14:24.559 --> 00:14:28.679 Because are folks listening here recently the d M. How can I invest? 149 00:14:28.840 --> 00:14:31.399 How can I participate? How can I go to my broker? What lights 150 00:14:31.440 --> 00:14:37.000 along the by? Can we get that grand line through details? So I 151 00:14:37.120 --> 00:14:43.399 think the we we can, but you know the beg from a coronation we 152 00:14:43.559 --> 00:14:50.120 do better. Yeah, so it is a well managment. So as the 153 00:14:50.240 --> 00:14:56.600 exchange is not necess do that went to facility that of course we'll see that 154 00:14:58.039 --> 00:15:03.720 across of course, across theater of dividue. We've had the new listing on 155 00:15:03.759 --> 00:15:07.159 the exchange. Of recent we had a trans transfer par been listed on the 156 00:15:07.200 --> 00:15:15.240 Actine providing the utility space in the market. So this we we be also 157 00:15:15.279 --> 00:15:20.440 on the investors to look deeply as we had the valuist and also we know 158 00:15:20.759 --> 00:15:26.480 that these are the macroeconomic space and also to feaze out opportunities to invest in 159 00:15:26.519 --> 00:15:31.720 the market. What's the what's what's the n g X single stock future and 160 00:15:31.879 --> 00:15:35.559 how can I how do I mean it's a risk thing, you know what 161 00:15:35.639 --> 00:15:39.440 what's that? What's it all about? The n g X single stock future? 162 00:15:39.600 --> 00:15:45.159 Yeah, so the NX single stock Future is a product that we seek 163 00:15:45.240 --> 00:15:52.840 to launch very soon within within the difinishment as the tim implies future. The 164 00:15:52.000 --> 00:15:56.440 very instrument and it helps you know those two things. I mean, it's 165 00:15:56.879 --> 00:16:03.080 investors opportunities or the risk the investment. For example, those that have exposure 166 00:16:03.120 --> 00:16:07.519 in the probably in the bitis market and you you want to take a position 167 00:16:07.279 --> 00:16:11.279 that okay, maybe you have you have a few on the market and use 168 00:16:11.320 --> 00:16:17.720 DEBTI the school stop futures to exercise your your users to think the market will 169 00:16:17.799 --> 00:16:22.000 be at the particular time. And also it gives opportunity to investors to your 170 00:16:22.159 --> 00:16:29.600 leverrick in terms of using uh maybe little capitals to I mean to also leverage 171 00:16:29.639 --> 00:16:34.000 opportunities. There also risks as to that, as to as to that and 172 00:16:34.159 --> 00:16:38.679 investors quite sadly to use that product. So it's a derivative instrument, and 173 00:16:38.759 --> 00:16:47.519 you know it takes a value from underline the underline just like that, it's 174 00:16:47.600 --> 00:16:53.519 the value of the skill stop features, preference on the underline instrument on the 175 00:16:53.600 --> 00:16:57.039 underlying stock which which is listed on the extreme. So it's more as like 176 00:16:57.360 --> 00:17:00.279 that your future like the same side when I buy a product. Just simply 177 00:17:00.360 --> 00:17:03.839 I can buy a future and I can trade on that future. I can 178 00:17:04.000 --> 00:17:07.279 hedge my position and all that. Okay, interesting, So it's going a 179 00:17:07.359 --> 00:17:12.000 bit more for the sophisticated and investors out there. Okay, I don't want 180 00:17:12.000 --> 00:17:17.279 to quicker DM for you. Someone is asking that I like to buy anal 181 00:17:17.359 --> 00:17:22.200 stocks. I would like to buy true you know, accredited books. Can 182 00:17:22.279 --> 00:17:27.079 you guys put the maybe the list of stop pokers on your side so that 183 00:17:27.240 --> 00:17:32.200 way I know that if I'm buying stocks, I am buying from a registered 184 00:17:32.279 --> 00:17:34.960 brodcast. It's asking us just talk ex change. But it has a link 185 00:17:36.039 --> 00:17:38.799 there that they can see all the registered stock brokers, so that way they 186 00:17:38.839 --> 00:17:45.599 can click it and get more disguise. Are unless architected there, So that's 187 00:17:45.680 --> 00:17:51.200 just a feedback. Interestingly, the list of the stock brodcast on our website. 188 00:17:53.400 --> 00:18:03.680 But I want to do maybe website can just click and see brokers the 189 00:18:03.759 --> 00:18:12.119 active ones and contact to Toto invest through trading license. Yeah, I saw 190 00:18:12.240 --> 00:18:15.359 the website. Top ten brokers and all that kind of stuff. So yeah, 191 00:18:15.440 --> 00:18:18.039 it just had a lot of information. But you said, just find 192 00:18:18.079 --> 00:18:22.799 a broker on the website on that trade. You can go to trade on 193 00:18:22.920 --> 00:18:26.039 that the broker, it's listed all there. Become an investor. So it's 194 00:18:26.079 --> 00:18:29.759 like you said, just bring this out putt for It's fantastic. But I 195 00:18:29.799 --> 00:18:32.920 want to come back to the money guy, the world guy, like you 196 00:18:32.960 --> 00:18:36.279 said, he's the one that will give us the insights for folks that you 197 00:18:36.359 --> 00:18:37.880 need to get an insight. I want to get that at nine percent, 198 00:18:38.119 --> 00:18:41.079 so we start any but going back to you if you don't mind what So 199 00:18:41.359 --> 00:18:45.519 the question I'm getting from my followers on two is basically saying, how can 200 00:18:45.640 --> 00:18:48.880 they invest? How can they start this journey? I mean they're looking for 201 00:18:49.000 --> 00:18:52.720 like specific they're saying they have a million or more I don't know as an 202 00:18:52.720 --> 00:18:57.839 example, how can they participate with sectors are hot but the ones as you 203 00:18:57.960 --> 00:19:02.200 should they put it there one microphone on more. Let's good, sir. 204 00:19:03.000 --> 00:19:11.799 So the answer quest people always wanted exactly. So it's important to always explain 205 00:19:11.880 --> 00:19:17.839 to the perspective reversals that the picture market is a risky place. It is 206 00:19:17.960 --> 00:19:22.319 really recommended that we're able to mutigate against the risk we are communist markets. 207 00:19:22.319 --> 00:19:26.400 It's going to have a long term investment horizon, and it is important to 208 00:19:26.480 --> 00:19:32.559 diversify your portfolio instead of just buying one's book. And there is concentrate all 209 00:19:32.599 --> 00:19:37.839 your perfolios. If you're able to have aify your perfully again around sugars and 210 00:19:40.119 --> 00:19:44.599 look for your times over the last week. So the likes of the bank 211 00:19:44.799 --> 00:19:48.400 seticles the bank at the end, they are one of the top gainer dot 212 00:19:48.440 --> 00:19:52.960 com markets into your positive It may be left in WI may not be so 213 00:19:53.240 --> 00:19:59.000 because a person does not necessarily issuture of performance, but some of these does 214 00:19:59.079 --> 00:20:03.240 actually have found them because them is actually looking at a long it's not by 215 00:20:03.359 --> 00:20:06.920 long term the horizon. If you will take it into some of the stops, 216 00:20:07.240 --> 00:20:12.599 you're most likely going to good returns because historically equity market has always have 217 00:20:12.880 --> 00:20:18.799 from the phystical markets. So so you how do you say or how do 218 00:20:18.920 --> 00:20:23.359 you want to start statly walking into corredition official money. Who can't get you 219 00:20:23.440 --> 00:20:27.519 started? I mean it's as simple as that we create an account to give 220 00:20:27.559 --> 00:20:32.039 you accommendation and its important. I want to don your risk of for like 221 00:20:32.279 --> 00:20:38.119 exercise in this because some people some repelling restons to take thousands money and and 222 00:20:38.240 --> 00:20:44.400 within two weeks before better than they are to unagitated. That is why we 223 00:20:44.559 --> 00:20:48.720 pacis the importance of managing your risk. Understand your risk and considered the asset 224 00:20:48.759 --> 00:20:55.000 that a lot towards your risky markets is market look towards your risk like the 225 00:20:55.079 --> 00:21:00.440 ares, and measure the options. We have the last for this, for 226 00:21:00.599 --> 00:21:11.319 this and for the game. Your clues that alounder physical a little as five 227 00:21:11.400 --> 00:21:18.880 thousand and you get to every proper. You also have other bonds. You 228 00:21:18.960 --> 00:21:26.880 can also make interest and all offerings I mean the last fibios with clues from 229 00:21:26.920 --> 00:21:33.039 when you your clothes that alount to one point. Is also depending on your 230 00:21:33.119 --> 00:21:37.559 risks. What if you understand the risk that you're willing to take the risk, 231 00:21:38.400 --> 00:21:45.559 then you come to we're able to advance you to recommendation. It was 232 00:21:45.640 --> 00:21:48.640 making the right ste of stocks to buy. Okay, And I have a 233 00:21:48.000 --> 00:21:52.119 question just by you somebody saying, my dad, but a lot of stocks 234 00:21:52.759 --> 00:21:55.279 I don't know where they are. I had a certificate, but I don't 235 00:21:55.279 --> 00:21:59.359 know the total value. I also bought some stocks I don't registrust. I 236 00:21:59.400 --> 00:22:02.519 don't know what do with them? Is it possible to go to a broker 237 00:22:02.680 --> 00:22:06.680 and they will help me coordinate and get everything that I have or I've lost. 238 00:22:06.920 --> 00:22:10.359 It's basically asking if it's possible to go yeah, go ahead, yes, 239 00:22:10.440 --> 00:22:14.599 who can help you have a products that helps you track all your stuffs. 240 00:22:14.799 --> 00:22:17.559 Assuming both stops in the past and you don't know if you really are 241 00:22:18.440 --> 00:22:25.720 or you lost the satifty before the dintialization period window see issues get lost it, 242 00:22:26.039 --> 00:22:27.720 you can come to us and can help you recover them. You can 243 00:22:27.759 --> 00:22:33.240 also help you recover gividers that you are yet to claim and for your for 244 00:22:33.359 --> 00:22:37.200 your little bad or for little parents who have shared. If you have the 245 00:22:37.359 --> 00:22:42.200 right papers, dont co paper, assuming that you are the one that I 246 00:22:42.279 --> 00:22:47.200 supposed to manage to Since you can come to somewhere able to help your stops 247 00:22:47.680 --> 00:22:52.720 and then help you put together any perform perfect services perfect and just want just 248 00:22:53.000 --> 00:22:56.359 drop in a cold that has been waiting here just as a question for you, 249 00:22:57.240 --> 00:23:00.759 Ti war Solomon, You've been on the line. You've got me and 250 00:23:00.279 --> 00:23:03.440 from Cornation you start them from n g X. Did you happen a question 251 00:23:03.559 --> 00:23:12.920 on your mind? You want to ask real quick, tay Wi Im the 252 00:23:12.960 --> 00:23:17.039 first I was guest Spike ready, just a single question for you. So 253 00:23:17.240 --> 00:23:21.400 I did read someone someone sent me a message that if I don't collect my 254 00:23:21.559 --> 00:23:26.440 dividends after five years, the dividends go to the government. Is that true 255 00:23:26.640 --> 00:23:32.400 or is that any true to that? Right now, that is no concern. 256 00:23:32.519 --> 00:23:37.039 We'll see people coming to claim divisions that was paid fifteen years ago and 257 00:23:37.279 --> 00:23:41.359 those dividens are still injurish US and we just have the record of the big 258 00:23:41.359 --> 00:23:45.880 dividend that so when income to us, were going to see how guide you 259 00:23:45.880 --> 00:23:49.000 should the process of recovering those dividen. I mean, if you're new, 260 00:23:49.119 --> 00:23:52.839 you even come to do our office simply a friend of the d and either 261 00:23:52.839 --> 00:23:56.759 that's a combdation you can said to myself and we're going to do this. 262 00:23:56.880 --> 00:24:00.640 Would within the country or the outside of the country where I feel able to 263 00:24:00.119 --> 00:24:03.880 to the Niger change and what's still able to some of these services? Great? 264 00:24:03.920 --> 00:24:06.880 And the question for you is, I know in the in the US 265 00:24:06.960 --> 00:24:10.680 market, were always get the dividend yield of the market in total, like 266 00:24:10.799 --> 00:24:15.079 you said, you said the stock market has beaten fixed income or it's always 267 00:24:15.119 --> 00:24:18.480 being places to come in terms of real return. Do you have a number 268 00:24:18.519 --> 00:24:22.519 for this city dividend yield of the stock market in Nigeria. No, yeah, 269 00:24:22.559 --> 00:24:25.960 mister Henderson, sorry about that. The question I was going to ask 270 00:24:26.160 --> 00:24:30.799 was this right in terms of the return of the Nitron stock market. Is 271 00:24:30.880 --> 00:24:36.079 it based on capital appreciation I either movement of the stock price or is it 272 00:24:36.279 --> 00:24:41.160 based on the dividends side of the market. What is driving this nine percent? 273 00:24:41.279 --> 00:24:44.359 This is more of I buy, I hold, I get dividends, 274 00:24:44.720 --> 00:24:48.079 or I am buying and I'm trading or I'm just holding. The stock goes 275 00:24:48.119 --> 00:24:52.519 from one era to five. Now what is the key driver of that nine 276 00:24:52.559 --> 00:25:00.400 percent? Is it the dividends or the private movements? So, but the 277 00:25:00.519 --> 00:25:06.200 price movement in fiction and Nigel market, a lot of benefit comes to it. 278 00:25:06.680 --> 00:25:10.519 One is difficult. The secondly derided that position. I mean that if 279 00:25:10.599 --> 00:25:15.839 you're better in the journey in in nineteen n you're able to give good pridate, 280 00:25:15.839 --> 00:25:21.240 apposition and diliden. So it doesn't mean that because the paid dividends that 281 00:25:21.480 --> 00:25:23.960 the price need necessarily deficient. No, if you're able to go the stuff, 282 00:25:25.000 --> 00:25:27.400 you're able to also get that. And it's some rais term says you're 283 00:25:27.400 --> 00:25:32.640 able to also get a gonses and and other things that const is. And 284 00:25:33.039 --> 00:25:36.160 I mean it's also good that you're in listening to a company that helps your 285 00:25:36.200 --> 00:25:40.839 companies the house or conscious economic true, gotcha? Gotcha? I mean I've 286 00:25:40.839 --> 00:25:42.759 got who you lined up? Who do you have a quick question for for 287 00:25:42.920 --> 00:25:48.559 Shell and for NS? Will you yes? Thank you so much? Go 288 00:25:48.599 --> 00:25:53.160 ahead? I want to I want to act. I think he said that 289 00:25:53.960 --> 00:25:57.160 it was his last story, and I want to ask because I'm based in 290 00:25:57.240 --> 00:26:02.319 assist right now and I've been looking for a way to really participate in the 291 00:26:02.359 --> 00:26:06.480 start history nine travel. I haven't begin to do that. So how can 292 00:26:06.559 --> 00:26:10.680 I you know, we have to use your evenil there is something I can 293 00:26:10.759 --> 00:26:15.039 yourself, you know, to ulicate that done and if that's possible, it's 294 00:26:15.079 --> 00:26:19.200 there likely way to track it at my end it you're app or website or 295 00:26:19.240 --> 00:26:26.240 something. Great questions, Okay, can I go ahead? Go ahead? 296 00:26:26.440 --> 00:26:32.720 Okay? Yeah, So different is my barrier, but listening and angel every 297 00:26:33.599 --> 00:26:37.599 Okay, So where you are in NI Junior or you're outside going to were 298 00:26:37.599 --> 00:26:41.279 able to help you, you can I askwen me a GM or I can 299 00:26:41.440 --> 00:26:44.480 drop my email and you can reach out to us. We're able to hope 300 00:26:44.480 --> 00:26:47.839 for you and therefore tracking it to have what have you. It treates you 301 00:26:48.000 --> 00:26:52.039 where you're able to trace stop to yourself and see your portfolios and get valuations 302 00:26:52.119 --> 00:26:56.200 of all your shares once they are recovered and they're in your portfolio, So 303 00:26:56.440 --> 00:27:00.440 whether are nager your manager? When you buy those through US? You have 304 00:27:00.599 --> 00:27:03.759 a platform here you can see. You can never shood on the platform yourself 305 00:27:03.880 --> 00:27:10.119 seeking your orders and you see them go fantastic. So I mean, I 306 00:27:10.279 --> 00:27:14.200 like what you said. Distance to the barrier. The same thing you can 307 00:27:14.319 --> 00:27:17.799 do a Broadway with the child stopped and the fidelity. You can also do 308 00:27:17.839 --> 00:27:21.400 in Nigeria with coronations. The message I'm getting you can open an account with 309 00:27:21.480 --> 00:27:26.359 them. You can manager that portfolio from the US, buy stocks, view 310 00:27:26.440 --> 00:27:29.559 it in the CSS. All ds are available and you go ahead NSA. 311 00:27:29.640 --> 00:27:33.039 You can also go back and claim those lost dividends and all that. And 312 00:27:33.400 --> 00:27:37.640 I'm gonna I'm gonna look for Coronation and share the handle. So if if 313 00:27:37.680 --> 00:27:40.920 you sturn the handle, you will see them. But they're also on Twitter. 314 00:27:41.440 --> 00:27:45.000 Coronation so on Twitter, and if you look among these speakers, they're 315 00:27:45.000 --> 00:27:47.960 also in there. So I'll just say follow them real quick and then get 316 00:27:48.000 --> 00:27:51.119 information. But let me go back to show show real quick. If I 317 00:27:51.200 --> 00:27:52.440 go home, back to you, if I go back to do someone is 318 00:27:52.640 --> 00:27:56.799 have a few questions for you. At number one, someone is asking that 319 00:27:56.000 --> 00:28:00.240 ets are no longer accessible to the cell service channels. I just won't get 320 00:28:00.279 --> 00:28:06.640 clarity on that. Our ETFs still accessible through the self serviceporters, because that's 321 00:28:06.759 --> 00:28:11.079 exchange the funds and the seven questions asking if we have a self service option. 322 00:28:11.119 --> 00:28:12.920 I'll just to talk about that real question. So sure, if you're 323 00:28:12.920 --> 00:28:21.279 on the music, go ahead. Yes, mister, so I didn't get 324 00:28:21.319 --> 00:28:25.160 that, well, we want said self service open. Yes, there's a 325 00:28:25.279 --> 00:28:30.440 question gentleman on Twitter asking me that he can no longer get the et F 326 00:28:30.799 --> 00:28:36.359 prices through the self service channels. Okay, so it's asking you there's a 327 00:28:36.440 --> 00:28:41.759 problems an overside that should oh, okay, the prices, I mean the 328 00:28:41.799 --> 00:28:47.480 prices should be available. So I mean it should contact the training license call 329 00:28:47.559 --> 00:28:52.279 that true which is trading on that self service platform. Okay, because the 330 00:28:52.680 --> 00:28:56.400 prices and every the market should be available so you know where you are and 331 00:28:56.759 --> 00:28:59.960 what price you want to enter the market of exits. Okay. I think 332 00:29:00.319 --> 00:29:06.920 the treat order should provide that because the prices are public information for its or 333 00:29:06.960 --> 00:29:11.119 any aid. That is the seven God, so contact that present that can 334 00:29:11.279 --> 00:29:15.640 talk. Look look about the shot code the checkstop prices that because lots of 335 00:29:15.640 --> 00:29:22.279 the folks use the phones and the code what's the shot called to checkstop presence 336 00:29:22.359 --> 00:29:29.359 and yeah, thank you very much. I mean, it's an exciting time 337 00:29:29.440 --> 00:29:33.039 for retail investors in the market, and the NGS continues to, I mean 338 00:29:33.200 --> 00:29:37.240 make trying to bring the market closer to to everyone so that today we can 339 00:29:37.359 --> 00:29:41.559 have rather base passification and even have more MILLIONIA outs and there even the games 340 00:29:41.559 --> 00:29:45.799 this fast. So the SOT code that is start five for seven for ASH, 341 00:29:45.880 --> 00:29:49.319 I mean, once you start five for seven for ASH, once tad 342 00:29:49.400 --> 00:29:53.079 that on your own, and it brings a lot of options you can you 343 00:29:53.200 --> 00:29:57.400 can use. It shows at least some list of stock their prices and also 344 00:29:57.480 --> 00:30:02.319 it gives you the so I'm training license OL that's true, which you can 345 00:30:03.119 --> 00:30:07.440 buy and sales stock. So it's a code that brings the market cruiser to 346 00:30:08.119 --> 00:30:12.440 the retail investors into the company. So as we'll drive more, we try 347 00:30:12.519 --> 00:30:18.039 to get more suspicion in the market and make sure that we have more financial 348 00:30:18.160 --> 00:30:26.680 inclusion and that short code is STARF five start five four seven four hash seven 349 00:30:27.359 --> 00:30:30.559 here. Okay, I mean you send that out. You're able to get 350 00:30:30.839 --> 00:30:34.240 information and that helps you with that invest because I mean, guys, remember 351 00:30:34.279 --> 00:30:38.839 that investment is really all about information. He that knows and knows early he 352 00:30:38.920 --> 00:30:44.200 can make more money. So the faster or the more that you know about 353 00:30:44.279 --> 00:30:48.480 the market, that essentially helps you to get ahead of time. I mean, 354 00:30:48.519 --> 00:30:49.920 we've got the guys in here. I still want to go to mister 355 00:30:51.079 --> 00:30:55.839 ernsh missus, catchy, he's on here. Catchy, you want to have 356 00:30:55.960 --> 00:31:02.640 a quick question before go ahead? Catch you? Did you have a quick 357 00:31:02.720 --> 00:31:07.200 question? Sir? Okay, let me go back to mister Weldsky mean sense 358 00:31:07.200 --> 00:31:11.640 I like your tattoo so much. You know, so again just from just 359 00:31:11.160 --> 00:31:15.400 if you could write, I'm gonna put on the spot here. If I 360 00:31:15.720 --> 00:31:18.359 was a testy five year old Nigeria and I had a ten million ira or 361 00:31:18.400 --> 00:31:22.960 i million ira, how would you recommend? Not this not advice, this 362 00:31:22.039 --> 00:31:26.920 is just education, right, What would you advise? How would I build 363 00:31:26.960 --> 00:31:30.319 out a portfolio and askt that my portfolio you could be possible to stock market 364 00:31:32.000 --> 00:31:34.400 that's fine? Or you could do other asset classes. But if I wanted 365 00:31:34.440 --> 00:31:41.039 to invest in Nigeria's stock market, what sectors should I sort of put my 366 00:31:41.279 --> 00:31:45.039 lens on. Which are growth sectors? Which had the sector I would give 367 00:31:45.039 --> 00:31:48.279 me a dividend? What would you basically advise advice that in front of you. 368 00:31:48.880 --> 00:31:51.200 Again, this is not going to be advised. You're not asking us 369 00:31:51.240 --> 00:31:55.039 to go by yourself. Just education for me. You know, what would 370 00:31:55.079 --> 00:32:12.079 you how would you answer that question? Sir mister Ernest okay, waits your 371 00:32:12.160 --> 00:32:15.599 your muted doubts. If you speak, I can hear you. Oh, 372 00:32:15.680 --> 00:32:20.720 I got you, guys. Okay. So I was playing really about what 373 00:32:21.319 --> 00:32:24.960 sectors, not the particular stops per safe, but the sector indicators where I 374 00:32:25.200 --> 00:32:30.559 would put money in today. If I was going to invest for say five 375 00:32:30.640 --> 00:32:32.480 years, and I had a million, how should I play this market? 376 00:32:32.599 --> 00:32:36.839 Because I won't have a plan. You know, in the US, I 377 00:32:36.880 --> 00:32:39.359 could buy the index, but I had to have a plan more or less. 378 00:32:39.799 --> 00:32:45.000 But as it's where I have a mother, a gentleman from the n 379 00:32:45.039 --> 00:32:49.119 g X whom I like to bring on to the floor just so you can 380 00:32:49.160 --> 00:32:51.880 reduce himself and talk about what he does. And I have a few questions 381 00:32:51.920 --> 00:32:54.559 for him was a second saying welcome sir, and if you can hear me, 382 00:32:54.640 --> 00:32:58.839 you can mute. If you can do an intro, then I can 383 00:32:58.920 --> 00:33:02.720 ask you my questions. Sir. Please go ahead. And because yeah, 384 00:33:02.799 --> 00:33:08.960 hi column, I'm believing everyone. I'm very well sa A living from ANJX. 385 00:33:09.319 --> 00:33:15.359 Okay, all right, all right, mister, Yeah, I had 386 00:33:15.400 --> 00:33:17.880 a question for I mean, how are you, sir? I mean how 387 00:33:19.640 --> 00:33:22.720 I asked everyone this question. What's been your take three months in twenty four 388 00:33:23.000 --> 00:33:25.160 what do you have taken? Nice? You have stop market too far? 389 00:33:28.799 --> 00:33:34.880 Oh well, to a large extent, I think the year has been quite 390 00:33:34.960 --> 00:33:39.720 positive for the markets badly, and I think it's more far fetched when you 391 00:33:39.759 --> 00:33:47.039 look at the fact that ins are just practically prices are looking for catsups essentially, 392 00:33:49.039 --> 00:33:53.599 so Indians have expanded for certain industries, particularizing most liquid sectors, the 393 00:33:53.680 --> 00:33:59.160 banking sector particularly, and the couple of other sectors as well to sort the 394 00:33:59.160 --> 00:34:04.759 battle that we're saying is cracking that and then going into there for the expected 395 00:34:05.039 --> 00:34:08.639 more of that. Couple the fact that we're beginning to have community in effects 396 00:34:08.719 --> 00:34:14.760 markets and that's probably driving some more FI into the markets, and then some 397 00:34:14.840 --> 00:34:19.880 more the markets, thank you? Is there a coalition between the dollar exchange 398 00:34:19.920 --> 00:34:22.480 it and then I just topped markets the return is theny coreation. If dollar 399 00:34:22.559 --> 00:34:25.199 goes off, talks go up or go down. Is any collation there? 400 00:34:28.920 --> 00:34:37.360 Well, historically I think it's been the connection has never really been linear as 401 00:34:37.400 --> 00:34:43.719 it were, but there is really the same frience you could grow whenever there's 402 00:34:43.760 --> 00:34:46.719 a dislocation in the currency and then it settings eventually and then you see the 403 00:34:46.800 --> 00:34:51.639 market on a posting why because for players are coming into the market and drives 404 00:34:51.639 --> 00:34:54.679 the market post today. So I think it's it's it's not for a fact 405 00:34:54.840 --> 00:35:00.320 that these kind of assumptions have come around with the people think that is kind 406 00:35:00.320 --> 00:35:05.480 of linked between the FX lookup between second half or last ye up too now 407 00:35:05.559 --> 00:35:09.000 with the FX as well to going over and prices going up. So it's 408 00:35:09.039 --> 00:35:13.320 not a less linear I mean if you look at twenty seven twenty seventeen, 409 00:35:13.920 --> 00:35:17.960 longer had that fxpis also to you would saying that that inception was or that 410 00:35:19.079 --> 00:35:21.880 there wasn't that connection of the significant it was as the math I was more 411 00:35:22.039 --> 00:35:25.480 negative as foreign but exiting the market and then eventually when parss who's settled. 412 00:35:25.639 --> 00:35:30.159 Rather, we saw that the market picked up, so I didn't normally after 413 00:35:30.239 --> 00:35:32.000 Colling Centus, we see that sign coming over the market, and I think 414 00:35:32.320 --> 00:35:37.000 it's only just the market repricing itself. Essentially when you have fxs movements or 415 00:35:37.039 --> 00:35:40.480 boards, then gotcha and there's been this top of this charter, you know 416 00:35:42.000 --> 00:35:46.440 offline that the market has gone so fast so quickly that it is that correct 417 00:35:46.519 --> 00:35:52.199 itself and come down. I either the movements has been too fast, but 418 00:35:52.320 --> 00:35:54.239 the market has to be. There has to be a correction, and all 419 00:35:54.320 --> 00:35:59.880 that I know, the market will correct. Markets always correct, but it's 420 00:35:59.920 --> 00:36:02.440 they're true to know more that the markets are simply moved off because there's just 421 00:36:02.559 --> 00:36:07.519 too much cash into system and hence it has to find their home. Or 422 00:36:07.559 --> 00:36:10.679 at Najuk company is actually delivering endings that are now driving the stock privent, 423 00:36:10.760 --> 00:36:15.079 which is now driving the interest in the market. Where do you tend to 424 00:36:15.519 --> 00:36:19.320 Is it more of a monetary push or more of an endings to push the 425 00:36:19.480 --> 00:36:25.199 driving stocks in the market. Okay, so I think I wouldn't want to 426 00:36:25.440 --> 00:36:29.960 complicate things, so let just make it a bit said pler. Look at 427 00:36:30.000 --> 00:36:35.000 it this way. Naturally, as you know in finance, whenever I will 428 00:36:35.000 --> 00:36:37.760 talk about valiratiows, but even the simple cash flows, future indings and all 429 00:36:37.800 --> 00:36:40.800 that, and then we'll discount the backward and then we get our values and 430 00:36:40.880 --> 00:36:45.760 all that. So that's how investors do that. The market accidentally irrational investors. 431 00:36:45.119 --> 00:36:50.199 So look at it. For instance, we're twenty twenty a date, 432 00:36:50.719 --> 00:36:54.760 the effects have moved like around maybe like about times three already thereabout now. 433 00:36:55.320 --> 00:37:00.800 Then if you now look at endends of this corporated most liquid ones, that 434 00:37:00.840 --> 00:37:05.320 the backing into the street players gun is I also more I'm order pulled, 435 00:37:05.440 --> 00:37:08.760 which is that time and now. So it only stands to reason that prices 436 00:37:08.760 --> 00:37:10.920 have to add choge because if you look at a price into that time and 437 00:37:12.039 --> 00:37:16.199 now, price haven't really reflected being improved. Any price have probably maybe been 438 00:37:16.239 --> 00:37:20.760 now with it because of the rally we've seen double price are double that time 439 00:37:20.800 --> 00:37:23.280 and now, but then it hasn't really reflected so many that whenever we get 440 00:37:23.360 --> 00:37:30.360 back to where we were three precurrency crisis. So it is what I implies 441 00:37:30.400 --> 00:37:35.760 that you should expect some more great price in the market and then for the 442 00:37:35.920 --> 00:37:40.639 rally. So essentially, so that's the reason why the arguments that the market 443 00:37:40.719 --> 00:37:44.920 has run too fast and all that they are not really old water. Why 444 00:37:45.039 --> 00:37:50.679 because uh, prices have already tracked and is as much as they should do. 445 00:37:51.159 --> 00:37:53.239 So when for when a PI is coming, definitely I will driver. 446 00:37:53.400 --> 00:37:57.119 They put it in the back largely for us really, so when they're come 447 00:37:57.159 --> 00:38:00.239 in, you are likely going to see a bigger rally on the to where 448 00:38:00.280 --> 00:38:05.440 you are right now because of the dislocation in prices and endings. Very insightful 449 00:38:05.519 --> 00:38:07.880 answers I've taken notes, very very insightful. So in essence, I mean, 450 00:38:07.960 --> 00:38:12.000 if we want to bring it down to a level, the market might 451 00:38:12.119 --> 00:38:15.400 look on that price so or someone will say on the value right now. 452 00:38:16.239 --> 00:38:20.480 Correct. So that's the point too. If you if you look at the 453 00:38:20.639 --> 00:38:22.559 numbers, if you look at for instance, you look it's for us to 454 00:38:22.840 --> 00:38:27.559 call the P right now, because are not a fully reporter. I mean, 455 00:38:27.719 --> 00:38:30.079 I mean, you set up this a lot of cones, the most 456 00:38:30.079 --> 00:38:35.920 liquid septus even reporting that results as the banking space. So so so a 457 00:38:36.239 --> 00:38:37.800 say, it's a difficult us to you to look at the P right But 458 00:38:38.199 --> 00:38:42.320 even without looking at the P, if you just look at the fact that 459 00:38:43.400 --> 00:38:49.159 prices pre twenty twenty pre COVID. Look at prices at that time average if 460 00:38:49.199 --> 00:38:52.199 you compare and you not look at it, endings also to you would just 461 00:38:52.280 --> 00:38:54.199 say it kind of just look at it and you say, you say, 462 00:38:54.599 --> 00:38:59.519 but you keep wanting the massive opportunity. Yeah, they're definitely so historically we 463 00:38:59.599 --> 00:39:02.920 are know where we should be in nobody. So it's always you know where 464 00:39:04.000 --> 00:39:07.320 prices move. For instance, now as I said, as are probably for 465 00:39:07.400 --> 00:39:09.840 inst and less. I mean, if the packing set for them, just 466 00:39:09.880 --> 00:39:14.599 pick baby like want to tear ones access and bt B. Look at the 467 00:39:14.679 --> 00:39:16.280 ideas, look at twenty look at that. Look at it now like around 468 00:39:16.280 --> 00:39:21.320 four times and it's that's actuality fanning. Look at that price not religion, 469 00:39:21.519 --> 00:39:23.599 probably like around two times to that time. And now, so what it 470 00:39:23.800 --> 00:39:28.039 is is that that is a trading chiep a relative to what where they should 471 00:39:28.039 --> 00:39:30.559 be normally. That is, the piece should be loo should definitely be lower 472 00:39:30.639 --> 00:39:34.360 than what it should be historically on average. So there will be a kind 473 00:39:34.400 --> 00:39:37.119 of a real reversion over time. And that meal reversion is water where you 474 00:39:37.199 --> 00:39:42.480 see pis paying attention to and they usual them tried and as a matter of 475 00:39:42.480 --> 00:39:45.039 fact, some of those sides are starting now you know I see are not 476 00:39:45.840 --> 00:39:51.800 explained that the pins on pain of influence into the market. So we started 477 00:39:51.800 --> 00:39:54.880 seeing some actions in the market for the banking side stands in some of that 478 00:39:55.239 --> 00:40:00.519 they tear ons moving. It's generally like I do tails down that's down into 479 00:40:00.519 --> 00:40:06.719 the big ones. But definitely what's played that's historically were where we're currently on 480 00:40:06.840 --> 00:40:10.320 the file related to where we should be ornarily. The excellent answer, Simon 481 00:40:10.519 --> 00:40:15.239 is the global money we can we're talking money investing. What are trying to 482 00:40:15.320 --> 00:40:19.920 say, how you in Nigeria and America, wherever you are, distance is 483 00:40:19.960 --> 00:40:23.440 not a barrier. How you can get invested nineteen I about tirty nine percent, 484 00:40:23.960 --> 00:40:28.119 much harder in the US, much harder than the West. This is 485 00:40:28.320 --> 00:40:31.800 real return because it's beating inflation. Got the guys from coronation here with us, 486 00:40:31.840 --> 00:40:35.760 also got the guys from nigrants stock exchange. So we're very very glad 487 00:40:36.000 --> 00:40:38.679 and we're asking questions, getting answers, getting insights into the market. Mister 488 00:40:38.719 --> 00:40:42.639 and let me bring you back in here, sir. You've had mister Kazin. 489 00:40:42.719 --> 00:40:45.639 We can get some NJX talk about the market. They've implied more or 490 00:40:45.679 --> 00:40:50.320 less than know the market. The earnings really the market has already caught up 491 00:40:50.360 --> 00:40:52.239 with the earnings or the investors are only caught up with the earnings. In 492 00:40:52.400 --> 00:40:55.920 essence, they should be or should be or should we say we hope for 493 00:40:57.039 --> 00:41:00.800 that they've got an optic as the fist to come in and the banking boys 494 00:41:00.800 --> 00:41:05.280 start to post their returns. So back to the question I asked Elierestair, 495 00:41:05.360 --> 00:41:07.880 So if I was going to invest right now, from say Q to twenty 496 00:41:08.119 --> 00:41:10.800 four, where should I be looking at more or let's se if you could 497 00:41:10.840 --> 00:41:19.760 serve mister nut okay, thank you. So if they're looking at investing right 498 00:41:19.840 --> 00:41:23.639 now, you may consider the financial services in Austria. The industry has a 499 00:41:23.719 --> 00:41:27.559 lot of quotentials. I mean, we're getting into JPO Whendow. We'll be 500 00:41:27.559 --> 00:41:30.639 bringing on some of their figures on how they perform between two eighty four in 501 00:41:31.360 --> 00:41:36.440 in stray and some of these figgers are going to be deliately very impressive and 502 00:41:36.599 --> 00:41:38.679 that will also attract a lot of escape. So this could also be a 503 00:41:38.719 --> 00:41:44.639 good time you also consider going into industries that our first docture that looking at 504 00:41:44.639 --> 00:41:51.880 the first structure of clients as recordation scrust fund thing is currently unfound. The 505 00:41:51.920 --> 00:41:54.599 thing is listed at the engines. We're looking at that as the finals of 506 00:41:54.840 --> 00:42:00.440 pulling into other untalenty access. You can also present the opportunity you also consider 507 00:42:02.400 --> 00:42:09.000 also consider all the issues industries like the energy, the imagenust, like the 508 00:42:09.039 --> 00:42:21.199 won it has a lot of quotations for investments. It's important how go into 509 00:42:21.280 --> 00:42:29.199 some of this got you, I got you and mister and real quick decornation 510 00:42:30.719 --> 00:42:35.239 Infrastructure fund. What is it? Can I invest in it? I mean 511 00:42:35.320 --> 00:42:37.639 what are you guys? Are you guys invested in Nigeria? What is it 512 00:42:37.719 --> 00:42:44.679 all about? If you could? You so looking at a Nigeria as the 513 00:42:44.800 --> 00:42:49.840 country and you realize that we'll have a lot of infrastructural decisions. This has 514 00:42:49.920 --> 00:42:54.719 stone stalled the development of our country economically and it has been my challenge for 515 00:42:54.800 --> 00:43:00.039 the for the country. So correlation as in the ftide company, looking for 516 00:43:01.320 --> 00:43:07.960 really firms that will investing to provide some of these basic infrastructures, not just 517 00:43:08.079 --> 00:43:14.719 for the repons the potentials that they have proposals to help and better our collect 518 00:43:15.719 --> 00:43:21.000 the future of the country. So this one is looking at whether this phone 519 00:43:22.159 --> 00:43:32.079 from the channel towards you're looking basic infrastructures like transport, energy, healthcare commodities 520 00:43:32.480 --> 00:43:38.480 and those basic infrastructures who are looking at our healthcose as initial mover for more. 521 00:43:38.599 --> 00:43:45.840 Curren states this point is designed to provide with repose the response above it. 522 00:43:46.079 --> 00:43:50.679 You don't retain me a gym bod so you're looking at it into it? 523 00:43:52.960 --> 00:43:57.199 Oh, yes, I lost to lot ns there. I don't think 524 00:43:57.199 --> 00:44:02.320 I see here. I lost you, sir, okay, go ahead. 525 00:44:02.440 --> 00:44:06.639 Please you're talking about the youth on the on the bond. Please say that 526 00:44:06.679 --> 00:44:12.519 again. Your so we follow. I think you the bones on the bond, 527 00:44:13.239 --> 00:44:19.320 the paget between three four percent, and we're looking at you four hundred 528 00:44:19.400 --> 00:44:22.159 many spots are both the US and an l GM bond which is currently be 529 00:44:22.280 --> 00:44:28.119 change into four percent. I mean, if you're luckily your phones for a 530 00:44:28.199 --> 00:44:32.800 ten year period and for an investment that please you, interests band landing for 531 00:44:32.880 --> 00:44:37.119 the next two years, and we're getting reps at this level just decent. 532 00:44:38.679 --> 00:44:43.360 Not just that the the investment, but the fact that it helps doubles as 533 00:44:43.440 --> 00:44:46.960 initial excellent. Thank you, thank you so much. So, I mean, 534 00:44:47.199 --> 00:44:51.239 let's just do a recap. I mean, we've been here for Saint 535 00:44:51.360 --> 00:44:57.119 seven o'clock. We've had a gentleman from NJ Shell and mister also mister Ernest 536 00:44:57.159 --> 00:45:01.719 from Coronation. I've shared coronations one number and email on Twitter, so if 537 00:45:01.760 --> 00:45:07.239 you're only get in touch with them, just on the profile on my profile 538 00:45:07.400 --> 00:45:09.039 or just look for them on Twitter. They're also on the space. You 539 00:45:09.079 --> 00:45:14.159 can just follow them and you get all the information about the fund and what 540 00:45:14.480 --> 00:45:20.559 stands talking about. NNGX as well as Nigerian Stock Exchange are also on Twitter. 541 00:45:21.199 --> 00:45:22.400 Please follow them as well. They give a lot of because they had 542 00:45:22.440 --> 00:45:28.800 the platform, so you get a lot of market information on biased market information 543 00:45:29.280 --> 00:45:32.000 from the platform that are there, so also follow them. You've heard that. 544 00:45:32.079 --> 00:45:36.159 I mean the key point for me is this. The Nigerian market is 545 00:45:36.239 --> 00:45:40.559 doing thirty nine percent year to date twenty twenty four, and we've heard there's 546 00:45:40.559 --> 00:45:45.280 an insight that this is not the one their best speed. They could do 547 00:45:45.880 --> 00:45:51.199 more, they could move faster, but right now, this is the asset 548 00:45:51.360 --> 00:45:54.800 class that is delivering a real rate of return. Real means that it's busing 549 00:45:54.880 --> 00:45:59.239 inflation, so we must look at it. It doesn't mean we have to 550 00:45:59.320 --> 00:46:04.719 all go invest Like Ester said, you have to do your risk profiling first 551 00:46:05.199 --> 00:46:09.480 and you only invest in the stock market folds that you think match your objectives 552 00:46:09.559 --> 00:46:14.639 with your risk profile or so of your liquidity needs as well. So even 553 00:46:14.679 --> 00:46:19.320 though it's giving your real returns, it's got to also match your objectives what 554 00:46:19.519 --> 00:46:22.199 you want to do for the year or even for a longer term ie for 555 00:46:22.360 --> 00:46:25.559 retirement and all that kind of stuff. We did a TD tal we talked 556 00:46:25.559 --> 00:46:30.840 about the infrastructure fund. I think it's fantastic that the private sector is raising 557 00:46:30.960 --> 00:46:35.800 long term capital for infrastructure. We can't complain all the time, right, 558 00:46:35.880 --> 00:46:39.280 We've got to get involved in this game and raise funds. Do in fast 559 00:46:39.280 --> 00:46:44.039 structure. It's our country too write. So on that lesson of wind down, 560 00:46:44.079 --> 00:46:46.760 I'm going to get shown Cosimo and NS to give us the closing remarks, 561 00:46:47.000 --> 00:46:50.800 and then of course this basic is recorded. Once it's done, I 562 00:46:50.880 --> 00:46:53.400 will share the raw content on the podcast so you can go back and listen. 563 00:46:53.639 --> 00:46:57.519 It's also recorded on Twitter, so yes, you can go back and 564 00:46:57.599 --> 00:47:00.280 listen. And I fund to reach on the speakers, like I said on 565 00:47:00.360 --> 00:47:02.320 Twitter, or just for them right now to speak. So Shore, let's 566 00:47:02.320 --> 00:47:05.960 start from you closing marks. I mean, what would you like to tell 567 00:47:06.320 --> 00:47:08.400 the retail investors that are out here listening to us, so what should they 568 00:47:08.440 --> 00:47:15.719 do Monday? Go for it? Yeah, thank you, mister k My. 569 00:47:15.599 --> 00:47:21.639 I think it also beat that the market for the mental opportunities for retail 570 00:47:21.719 --> 00:47:25.760 investors to invest and any returns. And we are at the market and the 571 00:47:25.840 --> 00:47:30.079 broad closers. We're bringing the market closer to the retail investors. Then they 572 00:47:30.239 --> 00:47:35.800 through their playing lessons older they mean obspecially in the market and the democratized. 573 00:47:35.920 --> 00:47:40.119 So we advise that also we keep their highs on risk and ambassifiers not as 574 00:47:40.199 --> 00:47:45.719 possible, thank you, interesting diversify as much as possible, keep your eyes 575 00:47:45.880 --> 00:47:50.440 on risk. I love that, mister Kazim. Please go ahead. So 576 00:47:50.480 --> 00:47:53.199 what's your take for the folks listening as you as a market investor? Of 577 00:47:53.239 --> 00:48:01.039 course I ain't sure go ahead to okay kind very much so I think I 578 00:48:01.079 --> 00:48:05.920 would say there a lot of opportunities. Our market has always been long with 579 00:48:06.039 --> 00:48:09.880 the markets. However, we're bringing new ideas into the market, so the 580 00:48:09.920 --> 00:48:15.039 markets would be more or both long and short at the same time. So 581 00:48:15.599 --> 00:48:20.000 wherever a single stock futures which is going to be available for you to be 582 00:48:20.039 --> 00:48:22.519 able to take bet, and they'll probably express your views in different ways. 583 00:48:22.840 --> 00:48:27.639 Speculate on the market. I know the words speculation is not everybody wants a 584 00:48:27.719 --> 00:48:31.320 year now because of the effects about however, it's an our finance then so 585 00:48:31.840 --> 00:48:37.119 a single stock futures will give an opportunity for you to be able to express 586 00:48:37.199 --> 00:48:39.320 yourself in the market and be able to edg your risk. And they're speculated 587 00:48:39.360 --> 00:48:43.559 to the market and play around the market. So the markets will just belong 588 00:48:43.599 --> 00:48:46.000 with you start always been or then it will now become more longer than shots 589 00:48:46.320 --> 00:48:50.800 whether you can learn like a shot on the markets cz and then you can't 590 00:48:50.800 --> 00:48:53.800 even trail your positions that you don't currently hold as it were. So there 591 00:48:53.840 --> 00:48:58.039 are a lot of interesting opportunities that are coming for that. And then also 592 00:48:58.119 --> 00:49:01.519 to were like you do the air being depository states also to now I think 593 00:49:01.559 --> 00:49:05.400 we should go there first in Africa and then going to give us a lot 594 00:49:05.440 --> 00:49:12.559 of opportunities to be able to also continue continue. You just can see that 595 00:49:12.719 --> 00:49:15.360 in person what positionally see So how would that work for a guy like who 596 00:49:15.559 --> 00:49:21.760 is in the United States? How would he use that ex Yeah, yeah, 597 00:49:21.840 --> 00:49:24.239 so I think I think it would be more excited to be more of 598 00:49:24.400 --> 00:49:30.679 something that we attracted to those who have the naira. I have been exposed 599 00:49:30.679 --> 00:49:37.440 to naira, and who loves to have exposure to offshore markets or exposed to 600 00:49:37.480 --> 00:49:43.840 their MP. Essentially, you'll be able to have the opportunity by using your 601 00:49:43.920 --> 00:49:46.079 Nira to buy on the n g X and then and then while you're the 602 00:49:46.199 --> 00:49:50.920 life exam will be video and you know whatever video or simply five hundred. 603 00:49:51.320 --> 00:49:54.159 So all of these ideas new products of new ideas that we hope should we 604 00:49:54.199 --> 00:49:59.079 come into the markets indeed in the attend also for year rounds, that we 605 00:49:59.079 --> 00:50:01.039 should have something then also to be the futures as well as I mentioned, 606 00:50:01.400 --> 00:50:06.119 but also coming up as well, which is the opportunity the guy in the 607 00:50:06.199 --> 00:50:10.079 US already he's able to access the US market directly. However the guy legals 608 00:50:10.159 --> 00:50:14.599 yare or even the guy he has if the as I and I doesn't want 609 00:50:14.639 --> 00:50:19.840 to combat to the dollars, school actually also use the opportunity to to also 610 00:50:20.039 --> 00:50:24.320 buy those securities on the NJX which are the under line as as the offshore 611 00:50:24.320 --> 00:50:29.440 security. So you'll be able to fight and usually on a doing use use 612 00:50:29.480 --> 00:50:31.800 then I you buy and then the on line is probably in Vida or anything 613 00:50:31.920 --> 00:50:37.519 example or what im to buy and then even when dividends or income being paid 614 00:50:37.679 --> 00:50:40.840 also flew to you as well too, and as the parents moving on the 615 00:50:42.280 --> 00:50:46.920 on the New York Exchange or the last where he also translate also to respect 616 00:50:46.960 --> 00:50:51.679 and in the security that has been traded on the NJX, as we actually 617 00:50:51.679 --> 00:50:54.079 in terms of differsiturity. So so that the kind of idea that will be 618 00:50:54.119 --> 00:50:58.679 coming over and then said the futures as well, to which we give you 619 00:50:58.719 --> 00:51:01.599 the shots, the abilities for you to to to private tradeing security that you 620 00:51:02.679 --> 00:51:07.519 the future for you to settle it. Wow. So could I just ask 621 00:51:07.639 --> 00:51:10.519 that if you have this set up, that you please either you come on 622 00:51:10.599 --> 00:51:15.159 a space or you're semi information so we can share my My dms are blowing 623 00:51:15.239 --> 00:51:19.400 up. People are saying, okay, I'm interested in this, I want 624 00:51:19.480 --> 00:51:23.400 this, so please please please please please at the shorts the dipposit receipts. 625 00:51:24.719 --> 00:51:29.480 Please when they're out, please come back or send us need information so we 626 00:51:29.599 --> 00:51:32.559 can share deep in the market, get more fpis into Nigeria at that the 627 00:51:32.639 --> 00:51:37.920 whole game. Thank you so much, sir. That certainly about that, 628 00:51:37.719 --> 00:51:43.320 excellent mister, Thank you sir mister. And we've got your sir for coronation 629 00:51:43.599 --> 00:51:52.519 go ahead. So in talking the market, thank you so my clan a 630 00:51:52.800 --> 00:51:58.960 seen information at an all time high. It has never been more important to 631 00:51:59.519 --> 00:52:02.920 that right now and with the market presenting a lot of opportunities, it is 632 00:52:04.119 --> 00:52:07.280 very very important that we are able to grab this opportunity because it meant to 633 00:52:07.320 --> 00:52:13.480 come around again. And we as Colination are here to help you if you 634 00:52:13.599 --> 00:52:16.920 want to get on board to be able to trace stops on legions of change 635 00:52:17.039 --> 00:52:22.719 richards towards. We're able to provide you advice to guide you from final and 636 00:52:22.280 --> 00:52:25.280 be able to guide you to buy the right stop and also guide you into 637 00:52:25.400 --> 00:52:31.760 diversifying your investments. And for those looking at we are looking at us invested, 638 00:52:31.840 --> 00:52:36.119 looking at just not just investing, but investing in such a way that 639 00:52:36.239 --> 00:52:39.280 it pres value for the country. You may also want to consider the Coronation 640 00:52:39.480 --> 00:52:45.800 Infrastructure Fund which has which had so bass too sore towards on coronation and we'll 641 00:52:45.800 --> 00:52:50.039 be able to provide you more information. With the NAGER outside Nager, we're 642 00:52:50.039 --> 00:52:52.719 able to help you fred for you platform get you're able to treat your stocks, 643 00:52:52.800 --> 00:52:57.360 recovery your thoughts and also be able to refuel back your most divisions. 644 00:52:57.960 --> 00:53:00.639 Thank you, excellence, excellent and thank you so so much, guys. 645 00:53:01.519 --> 00:53:06.639 Lots of folks and asking questions. I got you. I hope you guys 646 00:53:06.800 --> 00:53:12.559 got one or two things from this session with en GX Coronation under the Global 647 00:53:12.719 --> 00:53:15.440 Morning Week. I did let a lot, a lot, and I'm very 648 00:53:15.559 --> 00:53:20.800 very hopeful what's not happen in Nigeria in the future ass regards the stock market, 649 00:53:21.519 --> 00:53:23.840 invest in the long term infrastructure and all that. So just like me, 650 00:53:24.440 --> 00:53:29.360 I'm hopeful that once this out, we get this infinition out to you 651 00:53:29.480 --> 00:53:32.760 guys, so that way you guys can start to invest or use the derivatives. 652 00:53:32.920 --> 00:53:37.960 This market will just basically boom when we have the revatives because there are 653 00:53:37.079 --> 00:53:42.639 more players can come in from different spices, different dices, and they have 654 00:53:42.880 --> 00:53:45.519 a market that is open to everyone. So I thank Coronation, I thank 655 00:53:45.679 --> 00:53:50.760 NJX, I thank you for being here. You guys keep well. So 656 00:53:50.840 --> 00:53:52.960 the folks listening, Yes again, it's recorded. I'm willing to share the 657 00:53:53.000 --> 00:53:58.760 recording via the podcast and also Twitter also has a recording, so if you 658 00:53:58.880 --> 00:54:04.239 go back and listen to it. We are here every Sunday seven pm or 659 00:54:04.559 --> 00:54:08.199 eight pm we are talking money, finance, the economy and personal finance. 660 00:54:08.239 --> 00:54:12.800 So next week we'll be here as well to join us. And it's my 661 00:54:13.039 --> 00:54:15.280 pleasure to bring this to a close for now, and I hope you guys 662 00:54:15.400 --> 00:54:19.440 have a wonderful rest of the day. If you guys don't have hop on 663 00:54:20.039 --> 00:54:23.280 our open spaces after this, I might be available about we don't. We 664 00:54:23.400 --> 00:54:25.599 all know yet, all right, guys. Thank you so much, guys, 665 00:54:25.679 --> 00:54:30.760 and you guys have a great start to your week in Nigeria and wherever 666 00:54:30.840 --> 00:54:32.320 you are listening from. Thanks so much and bye.