Best Shares to buy in Nigeria

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Posted by on Saturday April 21, 2012 8:40:23:

What criteria would a buyer use to determine which shares are among the best for investing in? Some people buy shares just for the sake of yearly dividends that they get, infact most Nigerians prefer that but the true value of a company should not be in just how much dividends they pay.

Other things to be considered include:
- Long term debts
- Capital appreciation
- Market value
- Earnings
- Assets

As an investor, it could be helpful to you if you get access to the company's online portfolio and look at historical and current market values so as to make the right decisions between say, company A and B and
deciding which one to buy rather than the other.

When to buy shares
The best times to buy shares are when the prices are low or undervalued. Now, in Nigeria, after the stock market crash, a couple of stocks are still undervalued and others are actually at their true values since they didn't do too good.

If the market report is good and the company has been doing well, but it's price is still undervalued, then it's a good buy. It is also good to buy shares during a time of inflation especially in companies related to consumer goods so as to hedge against inflation.

So which shares are best to buy?
If I was asked to buy shares, my personal opinion will be to buy shares of companies that are still safe and moderately priced such as the following:

- UBA
- Fidelity bank
- First bank
- Sterling bank
- Diamond bank
- Unity Bank
- Dangote Sugar
- Honeywell
- May and Baker
- Cornerstone insurance

So before buying any shares in Nigeria, try to research a bit on them, if possible, get their company report and find news reports about them for the past 3 years.

Conclusion
The best price to buy shares of a company is when it is as about N0.50 since that is their least value no matter what. The closer you are to buying from 0.50, the higher your chances of making profit when it appreciates.



Comments:
Re: Best Shares to buy in Nigeria Reply by Marilyn on Tuesday April 24, 2012 at 17:5:13:

Can somebody tell me what happened to Oando shares, it currently sells for N16.45 or is this information wrong?



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Tuesday April 24, 2012 at 17:5:13:

Yeah. that's the price now. Maybe it is the aftermath of the market crash or subsidy probe. Who knows?


Re: Best Shares to buy in Nigeria Reply by Friday on Sunday May 6, 2012 at 24:6:36:

Plz where and hw can i buy a share.



Re: Best investment to buy in Nigeria Reply by sunday on Wednesday May 23, 2012 at 8:0:7:

to make an investment we consider alot of things. But now the answer is here an investment better than odinary shares is here and and a sure 11% compound intrest per year on investment. With this theres no crash effect nor meltdown. To learn more send me an email. Debbiedvs5@gmail.com or call 08052951151



Re: Best Shares to buy in Nigeria Reply by Adedeji rebecca funmi on Tuesday June 19, 2012 at 13:47:22:

what are d informations required for buying shares


Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Wednesday July 18, 2012 at 8:8:36:

The basic information required from you are what you will fill in the application form such as:

- Company investing in
- Your full names
- Next of kin
- Amount of share units
- Address and phone
- Usual signature
- Purchase price



Re: Best Shares to buy in Nigeria Reply by Omowale on Monday July 23, 2012 at 21:0:3:

I don't know anything on shares and i need to invest now



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Tuesday October 16, 2012 at 9:31:45:

Just decide on which share you want to buy and the share price, decide on how many units you want and then meet a stockbroker to buy it. You would just pay a small commission based on the value of your transaction.



Re: Best Shares to buy in Nigeria Reply by uduak michael udo on Friday November 9, 2012 at 13:26:9:

i dont know anything about share, but i heard it on tv & i want to buy it pls help me thanks.



Re: Best Shares to buy in Nigeria Reply by emeka on Monday November 26, 2012 at 10:25:48:

how can i know am investing in the right place



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Monday November 26, 2012 at 10:25:48:

You can first of all analyze the stock's future by reading news and knowing what's happening to the company. One easy way to analyze your stock is by Googling about the company on the internet. You can also read their financial reports to see if there are any new forms of business they've invested into and see their pas performance. At times, it may just be a low price that could be good enough for profit.


Re: Best Shares to buy in Nigeria Reply by tunde man on Friday December 14, 2012 at 16:38:22:

either you are an active investors or you are planning to invest or you want to learn . Subscribe to www.prostockalert.com and see the magic . Am making thirty percent gains now with their oando stock pick and the share price is still moving forward



Re: Best Shares to buy in Nigeria Reply by Walter on Monday January 7, 2013 at 4:12:56:

I bought some unit of shares from one of the major banks in Nigeria, now I am not happy that I did. Not only because of the ill-fated market. Is it wise if I decide to sale at the present market conditions



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Monday January 7, 2013 at 4:12:56:

It is better to buy now than sell. Just keep a record of how much you bought those ones that have now lost value and make that price your selling point. If you have more capital now, this is a good time to buy more shares. Selling is not smart now.


Re: Best Shares to buy in Nigeria Reply by ugwu on Saturday March 2, 2013 at 11:20:42:

please if you bought share at rate of N5 and later u discover that its fall N3 . plz have you lost your money" tell me



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Saturday March 2, 2013 at 11:20:42:

Logically, you've lost N2 already. Chances are that you can make it back if that share later appreciates


Re: Best Shares to buy in Nigeria Reply by Abdulmalik on Wednesday April 24, 2013 at 12:11:58:

I'm new to shares and i want to invest in it. Can u pls tel me how to start, where to buy share when it is not being made public..... U can contact me on dematoks@gmail.com.. Tanx



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Wednesday April 24, 2013 at 12:11:58:

As I said, you can buy shares from the secondary market, when they are not publicly sold by simply meeting with a stock brokerage company. You should checkout the NSE website for a list of registered brokers and their offices


Re: Best Shares to buy in Nigeria Reply by davidbond on Thursday May 16, 2013 at 20:5:36:

Pls am new is dis buying of shares thing & am really interested, pls could u help me eit tips as relates buying & selling.



Re: Best Shares to buy in Nigeria Reply by Babarinde Ayoade on Friday May 17, 2013 at 18:8:0:

Plz i have a shares @ first Bank and i wnt 2 sell it. Kindly contact me



Re: Best Shares to buy in Nigeria Reply by Festus victor on Tuesday May 28, 2013 at 10:9:43:

I want to invest, so if I'm investing in a bank...... Is it a must I've an account with them. Do you need certificates to buy shares and how do the profit come in when you've bought the shares.



Re: Best Shares to buy in Nigeria Reply by Felix Okol on Tuesday May 28, 2013 at 10:9:43:

You don't need to have a bank account with them before buying their shares. You just have to have you cash or cheque and then meet with a stockbroker to make a buy order.
You don't need certificate to buy shares but you would get a receipt when you make payment and then get a certificate or proof of ownership later on when your purchased it. The profit comes when that share appreciates in price e.g. from N5 to N6.


Re: Best Shares to buy in Nigeria Reply by Oreolwa on Friday June 7, 2013 at 9:45:51:

Pls with how much do i need to start buying shares @ least and is this the right time to buy ?



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Friday June 7, 2013 at 9:45:51:

You can start buying shares with even N10,000. As for the right time, I can't really say but I tend to prefer buying around November and selling by March.


Re: Best Shares to buy in Nigeria Reply by grace on Tuesday January 21, 2014 at 11:38:54:

pls i want to buy a share does it mean that 2,000 cannot buy share in any company



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Tuesday January 21, 2014 at 11:38:54:

I'm not sure most brokers would even want to buy shares from you with N2000. Maybe you should wait for a public offer when available




Re: Best Shares to buy in Nigeria Posted by doyinsola on Friday April 18, 2014 at 8:24:20:

pls how do i meet or contact a stockbroker



Re: Best Shares to buy in Nigeria Posted by Felix Okoli on Friday April 18, 2014 at 8:24:20:

Just look for a stockbroker in your city and visit their office. You can try out CSL stockbrokers at Lagos Island.


Re: Best Shares to buy in Nigeria Reply by Egbe Matthew on Thursday August 14, 2014 at 13:21:56:

Am interested in buying of shares, kindly link me to a stockbroker in Abuja
Thanks



Re: Best Shares to buy in Nigeria Reply by telema on Monday December 1, 2014 at 19:46:34:

Pls how can I b receiving my dividends into my cscs account I open but yet they are not paying in my dividends



Re: Best Shares to buy in Nigeria Reply by telema on Monday December 1, 2014 at 19:46:34:

Pls how can I b receiving my dividends into my cscs account I open but yet they are not paying in my dividends



Re: Best Shares to buy in Nigeria Reply by Cyprian on Thursday January 15, 2015 at 13:37:36:

Please ...i need info on how where and when i can buy shares ... i am in Delta state .... please ... awaitinq your repy earnestly



Re: Best Shares to buy in Nigeria Reply by prince on Friday January 30, 2015 at 22:16:25:

plz is it posible to by share of 2ml and if yes,aproxymately lik how much sud i be expectin in return? Plz kindly reply me via my email,fagbensiprinceade@gmail.com tnks



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Friday January 30, 2015 at 22:16:25:

Ofcourse you can buy shares of N2m but there is no guarantee of earnings. If the company makes profit, then you will make some profit. The issue lies in buying the right shares.


Re: Best Shares to buy in Nigeria Reply by Ajani Moses Babatunde on Sunday March 8, 2015 at 14:29:59:

I wish to buy share from dangote sugar. Can i start wit #10000 . How would i begin. Pls help me.



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Sunday March 8, 2015 at 14:29:59:

Yes you can buy shares with as little as N10,000. Dangote Sugar is priced at around N6.67. To buy it, just meet with a stockbroking firm and apply for share purchase. They normally charge a small fee of about 3 to 4% for the service. You can buy over 1000 units with your capital.


Re: Best Shares to buy in Nigeria Reply by Ajani Moses Babatunde on Sunday March 8, 2015 at 24:45:38:

Can i buy a share of 10000 naira frm Dangote sugar. How wuld i start pls



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Sunday March 8, 2015 at 24:45:38:

Yes you can buy some shares with your N10000 capital. Meet with a Stockbroking company


Re: Best Shares to buy in Nigeria Reply by Igbokwe kingsley on Tuesday March 17, 2015 at 16:35:36:

Pls can i buy share with 5,000.00 in any company or bank pls if yes link me a stockbearing contact in lagos tnx



Re: Best Shares to buy in Nigeria Reply by Felix Okoli on Tuesday March 17, 2015 at 16:35:36:

I think the minimum is about N10,000


Re: Best Shares to buy in Nigeria Reply by ALEX .F. BASIL on Thursday April 2, 2015 at 1:49:13:

CAN YOU PLZ HELP ME WITH HW 2 GET IN TOUCH WITH ANY TRUSTED STOCKBROKER U KNW' DAT CAN HELP IN PURCHASING DANGOTE SHARES WITH AS LITTLE AS #30,000





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