Help me thank God. I finally empty all my portfolio @ 2.5% loss. I will re-enter wen d market show sign of a bull.

My entry target are as follows if God will allow me
FBNH @ #4.5
Zenith @ #11
Access @ #3.5
Oando @ #8.5
Ubcap @ #0.9
GTB @ #13
Skye @ #1
My ogas in d aose, wat r ur views on dis entry prices

@Yem0350 - The prices quoted are not realisable especially on GTB, Skye and Oando

Aks:
@Yem0350 - The prices quoted are not realisable especially on GTB, Skye and Oando

With the current market sentiments, everything is realizable.

Yem0350:
Help me thank God. I finally empty all my portfolio @ 2.5% loss. I will re-enter wen d market show sign of a bull.

My entry target are as follows if God will allow me
FBNH @ #4.5
Zenith @ #11
Access @ #3.5
Oando @ #8.5
Ubcap @ #0.9
GTB @ #13
Skye @ #1
My ogas in d aose, wat r ur views on dis entry prices

Goodluck my brother. .

9free:

If only one knows the date Oga Buhari will name his cabinet, na to buy before that date glo sure pass

Pls Bro. , never base your investment decision on Mr. Buhari naming of cabinet ministers. I think you might be greatly disappointed on what follows next after that. Accumulate and keep accumulating fundemental friendly stocks in as far as you have the money and wait for the market to make a natural rebound.

[quote author=Yem0350 post=37289582]Help me thank God. I finally empty all my portfolio @ 2.5% loss. I will re-enter wen d market show sign of a bull.

My entry target are as follows if God will allow me
FBNH @ #4.5
Zenith @ #11
Access @ #3.5
Oando @ #8.5
Ubcap @ #0.9
GTB @ #13
Skye @ #1
My ogas in d aose, wat r ur views on dis entry prices[/quote

Maybe you should wait for it to go lower than these your prices, they are still a bit high....

ogadeolu:
Is anybody looking at FO, its close 239 today, if it reaches 250, i will sell and keep the cash apart for when it will come down again.
What is my oga and madam take on this.

Is there any news of dividend or something tht is pushing the stock high, 10.50k gain today..

some are getting richer, some are dying.

Maybe FO share price might become stagnant or start going down soon. If I were you, depending on my entry price, I will not be greedy to sell and buy a more cheaper stocks with potentiality for growth in prices.

angrybull:

Pls Bro. , never base your investment decision on Mr. Buhari naming of cabinet ministers. I think you might be greatly disappointed on what follows next after that. Accumulate and keep accumulating fundemental friendly stocks in as far as you have the money and wait for the market to make a natural rebound.

Can you pls define Fundamental Friendly Stocks?

Aks:


Can you pls define Fundamental Friendly Stocks?

I mean stocks with with good intrinsic value . They are very cheap at the moment

ihedioramma:
so you are gambu? stop saying that.

Na condition make crayfish bend.


Imagine all the analysis my brothers and sisters in the Lord were busy doing, still yet yawa gas.


Just take a look at Access that performed magic the other day.

angrybull:



Pls Bro. , never base your investment decision on Mr. Buhari naming of cabinet ministers. I think you might be greatly disappointed on what follows next after that. Accumulate and keep accumulating fundemental friendly stocks in as far as you have the money and wait for the market to make a natural rebound.

Accumulate which yeye fundamentally sound stocks? The only thing I am accumulating now is my morgancapital itrade account. Fear no gree me to continue averaging FBNH. I started at 9.50 and now the stock don dey head to the car park. I go just sitdon dey wait for am @N2.50k like Oga Elai.

9free:

Accumulate which yeye fundamentally sound stocks? The only thing I am accumulating now is my morgancapital itrade account. Fear no gree me to continue averaging FBNH. I started at 9.50 and now the stock don dey head to the car park. I go just sitdon dey wait for am @N2.50k like Oga Elai.

9free:

Accumulate which yeye fundamentally sound stocks? The only thing I am accumulating now is my morgancapital itrade account. Fear no gree me to continue averaging FBNH. I started at 9.50 and now the stock don dey head to the car park. I go just sitdon dey wait for am @N2.50k like Oga Elai.

I dey feel u bro., the pains is much. Our ability to manage the pains also differ. You can wait if you can't stomach the pains Bros .

Yem0350:
Help me thank God. I finally empty all my portfolio @ 2.5% loss. I will re-enter wen d market show sign of a bull.

My entry target are as follows if God will allow me
FBNH @ #4.5
Zenith @ #11
Access @ #3.5
Oando @ #8.5
Ubcap @ #0.9
GTB @ #13
Skye @ #1
My ogas in d aose, wat r ur views on dis entry prices

how did you reduce you loss to 2.5%

9free:

Accumulate which yeye fundamentally sound stocks? The only thing I am accumulating now is my morgancapital itrade account. Fear no gree me to continue averaging FBNH. I started at 9.50 and now the stock don dey head to the car park. I go just sitdon dey wait for am @N2.50k like Oga Elai.

I cant stop laughing...............

Yem0350:
Help me thank God. I finally empty all my portfolio @ 2.5% loss. I will re-enter wen d market show sign of a bull.

My entry target are as follows if God will allow me
FBNH @ #4.5
Zenith @ #11
Access @ #3.5
Oando @ #8.5
Ubcap @ #0.9
GTB @ #13
Skye @ #1
My ogas in d aose, wat r ur views on dis entry prices

Access @2.00
Oando @ 6.00

Thank GOD i left Oando ontime

Yem0350:
Help me thank God. I finally empty all my portfolio @ 2.5% loss. I will re-enter wen d market show sign of a bull.

My entry target are as follows if God will allow me
FBNH @ #4.5
Zenith @ #11
Access @ #3.5
Oando @ #8.5
Ubcap @ #0.9
GTB @ #13
Skye @ #1
My ogas in d aose, wat r ur views on dis entry prices

Na when prices don fall finish Na em you wan dey quote your prices.

In my opinion, the harm has already been done, so anyone entering Fbnh, zenith and access at these price levels will experience less downside than people that entered weeks back. Worst case the prices will just keep oscillating around this price level.

Fast moving consumer companies stock prices are the ones that even really need to come down if you ask me. Their valuations are just not as attractive as the banks and their results have been anything but exciting.

angrybull:


I mean stocks with with good intrinsic value . They are very cheap at the moment

Like which one bros?

You make sense but due to emotions attached to money most people can't really think straight for now.................Fear always defeat faith...........

emmatok:


Access @2.00
Oando @ 6.00

Thank GOD i left Oando ontime

Access at N2 will have a forward P/E of about 1 time earnings after factoring in their rights issue that will listed later in the year. I honestly don't see how this would happen even though Mr Market has the final say. I am no prophet but most of the bank stock prices are close to their bottom. I dnt really see a more than 20% downside from their current prices.

9free:

Choi! Chai! My brother you are not alone...... Many of us here started same way but have learnt our lessons over time. For now, it may be difficult to sell any cos of very low liquidity nature of those stocks.
I will advice you to do what most of us here did with such stocks. Choose the ones that will be most suitable and applicable to you;
1. Donate them to charity (Hispy, Horlads or KOD penny stock foundations)
2. Transfer them to your children or children's children investment trust portfolio.
3. Convert them to longest term investment(Here you will have to wait till the coy experience a turnaround: May take 10 - 20 years or less if a miracle happens)
Peace

I can't stop laughing, especially dis your advice number 1 & 2.

ogadeolu:

Should i sell them or should i still hold on to them. i will make a list of them here for you to be able to help in making an informed decision.

Goldlink Insurance
Guinea Insurance
investment and allied insurance
Lasaco
universal insurance coy
unity Bank
Afrioil
japauoil.

There is still hope for your Unity bank shares, at least it is still trading so you have a choice to make. As for the rest, ask your broker to put them on permanent sell order. One day you may be lucky to sell some of them. I was also a victim of 2007/2008 just like you and I entered "one chance" on Universal insurance & Mbenefit. With a permanent sell order I was able to sell the Mbenefit insurance leaving me with just Universal insurance which I am prepared to leave for my grand children because I no sure say my children go fit inherit dis one . Good luck.

So it was another bull trap?

mpi210:


Like which one bros?

These stocks below are not recommendation but example of some of fundamental good stocks. The prices might depress farther depending on the mood of the mkt.

Uba
Access
Fbnh
Fcmb
Zenith
Fidelity
Gtb
Skye
Afriprud
Ubacap etc

Seplat
Mobil

Ccnn

Tranex

Fmn and Transcorp for me is strictly for long term.

passwelle:

Fundamentals dont cut it. However see what they did to the price in the last few minutes of the market today.

May God protect us in this market. As @Aloaye mentioned, are there no regulators in our market? Even the coys/MM no even get shame at all.

Elai147:


May God protect us in this market. As @Aloaye mentioned, are there no regulators in our market? Even the coys/MM no even get shame at all.

Well the thing you guys should understand is 65% of the funds in NSE comes foreigners. When they withdrawal these funds. Na gbege

Before you transfer money to your trading account,prices are going down but immediately you are credited and about to buy the price goes up until you buy and after that it goes down again..............I always wonder if there is any one always targeting your fund as soon as it hit your stock account?.........I am developing a new strategy.............I will keep transferring money to my stock account but I won't trade until am pleased with the price................Volatility of the prices is just too much and sometimes abnormal.................

Yem0350:
Help me thank God. I finally empty all my portfolio @ 2.5% loss. I will re-enter wen d market show sign of a bull.

My entry target are as follows if God will allow me
FBNH @ #4.5
Zenith @ #11
Access @ #3.5
Oando @ #8.5
Ubcap @ #0.9
GTB @ #13
Skye @ #1
My ogas in d aose, wat r ur views on dis entry prices

With God nothing is impossible. Once the stocks are paying good dividends that will be reinvested in order to increase my holdings.

Aks:
@Yem0350 - The prices quoted are not realisable especially on GTB, Skye and Oando

Nothing is impossible especially when you consider the fear and greed of some investors and traders.

...so today has been termed Black Monday!

FranklinRich:


Access at N2 will have a forward P/E of about 1 time earnings after factoring in their rights issue that will listed later in the year. I honestly don't see how this would happen even though Mr Market has the final say. I am no prophet but most of the bank stock prices are close to their bottom. I dnt really see a more than 20% downside from their current prices.

Traders are not looking at that, they are only concerned with the stock prices. It may get to a stage when some stocks may even sell below their earnings.

When the stricken elephant bleeds, lesser creatures pass out.
Waiting for fidelity at kilometer 70k.