edwardaigb:
God save who dey buy yeye stocks.

...with good planning and patience, that 'yeye' stocks might transform into hidden gems!

Streetinvestor2:
lwkd.i was believing additional thing to push it up to #20.00 from 2023 results.

Oboy you too greedy ooo
No wonder you are still holding Transcorp and ucap right from the days of #1 till date.

But come ooooh, that chams result get as e be oooo.But na fintech stock sha.They don already map destination for it.

stcool:
This one everybody is putting hope on Dangote Foods, I hope the results don't dissapoint based on the current price. I am also holding this stock, but i hate over expectations. We all know why BUA is rising, which is due to free float.

What happens if FX affects the PAT for Dangote foods

Don't expect an exceptional result from Dangote Sugar.

The catalysts for the current interest in the stock are the merger and the current price of the stock when compared to another operator in the industry

stcool:
This one everybody is putting hope on Dangote Foods, I hope the results don't dissapoint based on the current price. I am also holding this stock, but i hate over expectations. We all know why BUA is rising, which is due to free float.

What happens if FX affects the PAT for Dangote foods

cadbury dey suffer huge loss, yet it's still attractive to investors.
as stocks are turning green today, cadbury follow turn green.
how much more Dangote Food. The name alone is attractive. Look at how Otedola is causing disruptions everywhere.
First bank through otedola will soon stake in dangote food and when that starts, price will pump to the moon.

Otedola will one day invest in dangote food project. They are friends with benefits.

our own na to follow who know road

BullBearMkt:

...with good planning and patience, that 'yeye' stocks might transform into hidden gems!

some are not even yeye stocks but u get trapped.

Look at transcorp hotel. It has been on full offer since yesterday, yet bids are not coming. total value today so far is N350k for a company with a market cap of N1 Trillion naira.

the company no be yeye but the market cap na yeye

Well noted.

emmanuelewumi:



Don't expect an exceptional result from Dangote Sugar.

The catalysts for the current interest in the stock are the merger and the current price of the stock when compared to another operator in the industry

Locotrader:


Oboy you too greedy ooo
No wonder you are still holding Transcorp and ucap right from the days of #1 till date.

But come ooooh, that chams result get as e be oooo.But na fintech stock sha.They don already map destination for it.

You are right to let go for some stock dey hard me.And since I can't time the market. I dey fear make I no fit buy back.it happened in Dan cement..And late last year it has happened in acces.i sold plenty access at 17.30..Though I would have sold transcorp when I mentioned it to mercy.

I never even see my cham results...sha na like 5 yrs I get for mind. My target 20m units for minimum of #10 then

vacanci:


some are not even yeye stocks but u get trapped.

Look at transcorp hotel. It has been on full offer since yesterday, yet bids are not coming. total value today so far is N350k for a company with a market cap of N1 Trillion naira.

the company no be yeye but the market cap na yeye

Stock wet jumped from #8 to #100 within 2 months.Which other value I want if the stock no gbe body for the next 2 years?

Na to comot my money look for another stock wey never get better value enter.....

Streetinvestor2:
You are right to let go for some stock dey hard me.And since I can't time the market. I dey fear make I no fit buy back.it happened in Dan cement..And late last year it has happened in acces.i sold plenty access at 17.30..Though I would have sold transcorp when I mentioned it to mercy.

I never even see my cham results...sha na like 5 yrs I get for mind. My target 20m units for minimum of #10 then

I wake up 2am in the night and open chams result.i expected double digit numbers based on how we don hail them.But sha hope dey for Q1

TIP finally no disappoint today. 10% moved already. I bought at full offer and now its on full bid

Sir Loco wan kill me with laugh...the thing shock you from N1 till date

Locotrader:


Oboy you too greedy ooo
No wonder you are still holding Transcorp and ucap right from the days of #1 till date.

But come ooooh, that chams result get as e be oooo.But na fintech stock sha.They don already map destination for it.

vacanci:


some are not even yeye stocks but u get trapped.

Look at transcorp hotel. It has been on full offer since yesterday, yet bids are not coming. total value today so far is N350k for a company with a market cap of N1 Trillion naira.

the company no be yeye but the market cap na yeye

It is not normal to be a N1 Trillion market capitalization business without making N1 Trillion in revenue, the worst case scenario it should be making N500 billion revenue.


Flour Mills sef wey dey do N1.5 Trillion annual revenue, the market capitalization never reach N400 billion.


Flour Mills need to awaken the giant within, that ought to be a N2 Trillion market capitalization business

emmanuelewumi:



It is not normal to be a N1 Trillion market capitalization business without making N1 Trillion in revenue, the worst case scenario it should be making N500 billion revenue.


Flour Mills sef wey dey do N1.5 Trillion annual revenue, the market capitalization never reach N400 billion.


Flour Mills need to awaken the giant within, that ought to be a N2 Trillion market capitalization business

Like Flour mill like NB.Sleeping giants

vacanci:
TIP finally no disappoint today. 10% moved already. I bought at full offer and now its on full bid

Old woman dey dance only the dance she understands well.

Some banks never release unaudited results.
Some brewery stocks like NB and champion same thing.
Even if na bomb, make them release.Market don already punish their prices already.

vacanci:
TIP finally no disappoint today. 10% moved already. I bought at full offer and now its on full bid

See cool 20% gain just like that

emmanuelewumi:



It is not normal to be a N1 Trillion market capitalization business without making N1 Trillion in revenue, the worst case scenario it should be making N500 billion revenue.


Flour Mills sef wey dey do N1.5 Trillion annual revenue, the market capitalization never reach N400 billion.


Flour Mills need to awaken the giant within, that ought to be a N2 Trillion market capitalization business

honestly speaking. Transcorp Hotel revenue is around 40B naira. its a far cry from their market cap

iHaveMadeiT2:

See cool 20% gain just like that

Even Transcorp

stcool:
Sir Loco wan kill me with laugh...the thing shock you from N1 till date

Nobi my fault oh.you wan sell something way you buy #1.00 .The next thing the company say dey wan pay you #1.50 .Na so I become greedy. Now I dey see the shares like house way I build. And every Yr the tenants dey pay me rent way pass the money I used in building it.

Who is with me on this yeye decision. Since I started stock market,I have never sold any stock below the price I bought it.what I do is
1.If I believe in the company,I average down till I sell later at above BE
2.The shares remain thr till the company closes shop like Union homes,and many insurance companies. That is why I no like insurance companies. They do me saga in this regard
3Then some stay till they delist or another guy buys them over.it happened to Dan flour. I was with it from alhaji to tiger brand and back to alhaji. Then finally olem..Luckily all delisting has been above my BE.Adova oil and gsk
4The remaining is just thr in my portfolio. I just sold japaul. I am waiting for tantalizer, abc to go above my purchase price

I know I have lost time value of money but I no dey gree sell at loss

Truely, market has a mind of its own. Just imagine someone after yesterday's 10 10 loss, deciding to cut his loss by selling early this morning, only to realise that the same stock made maximum gain at the end of the day. Hmmm

Streetinvestor2:
Who is with me on this yeye decision. Since I started stock market,I have never sold any stock below the price I bought it.what I do is
1.If I believe in the company,I average down till I sell later at above BE
2.The shares remain thr till the company closes shop like Union homes,and many insurance companies. That is why I no like insurance companies. They do me saga in this regard
3Then some stay till they delist or another guy buys them over.it happened to Dan flour. I was with it from alhaji to tiger brand and back to alhaji. Then finally olem..Luckily all delisting has been above my BE.Adova oil and gsk
4The remaining is just thr in my portfolio. I just sold japaul. I am waiting for tantalizer, abc to go above my purchase price

I know I have lost time value of money but I no dey gree sell at loss

I am growing up to be like you.

Mpeace:
Truely, market has a mind of its own. Just imagine someone after yesterday's 10 10 loss, deciding to cut his loss by selling early this morning, only to realise that the same stock made maximum gain at the end of the day. Hmmm

Plenty did it this morning.
Na only God know wetin dey their mind now.
If they wan buy back, brokers fees+10% upside+ not sure of getting it on full bid

BullBearMkt:

...with good planning and patience, that 'yeye' stocks might transform into hidden gems!

In reality, what people call yeye stock is Value Trapped.
The value might be unveiled at the right time.
For patient self investors, Time is of essence.
Things can only get better for NGX, corporate governance is improving across boards.

Mankind2024:

In reality, what people call yeye stock is Value Trapped.
The value might be unveiled at the right time.
For patient self investors, Time is of essence.
Things can only get better for NGX, corporate governance is improving across boards.

My man welcome.
You no wan flash torch on what I asked you yesterday?

Locotrader:


I am growing up to be like you.

why u dey laugh me,lol.i no dey do any loss with my own hand.My mind no dey gree me

Mankind2024:

In reality, what people call yeye stock is Value Trapped.
The value might be unveiled at the right time.
For patient self investors, Time is of essence.
Things can only get better for NGX, corporate governance is improving across boards.

Na such stocks dey give 1000%.
They still plenty now.Just small improvement on numbers and corporate governance, we will fish them out for our own good.

Catalyst for today's market reaction:
CBN removes exchange rate cap for International Money Transfer Operators
https://nairametrics.com/2024/01/31/cbn-removes-exchange-rate-cap-for-international-money-transfer-operators/

Mankind2024:

In reality, what people call yeye stock is Value Trapped.
The value might be unveiled at the right time.
For patient self investors, Time is of essence.
Things can only get better for NGX, corporate governance is improving across boards.

...absolutely correct sir!

Mpeace:
Truely, market has a mind of its own. Just imagine someone after yesterday's 10 10 loss, deciding to cut his loss by selling early this morning, only to realise that the same stock made maximum gain at the end of the day. Hmmm

sad part is the buyer would go ahead and do 20% off the stock bought from the seller at the end of the day.

E get how e dey take pain person

Streetinvestor2:
Who is with me on this yeye decision. Since I started stock market,I have never sold any stock below the price I bought it.what I do is
1.If I believe in the company,I average down till I sell later at above BE
2.The shares remain thr till the company closes shop like Union homes,and many insurance companies. That is why I no like insurance companies. They do me saga in this regard
3Then some stay till they delist or another guy buys them over.it happened to Dan flour. I was with it from alhaji to tiger brand and back to alhaji. Then finally olem..Luckily all delisting has been above my BE.Adova oil and gsk
4The remaining is just thr in my portfolio. I just sold japaul. I am waiting for tantalizer, abc to go above my purchase price

I know I have lost time value of money but I no dey gree sell at loss

I guess this only works if you have a diversified portfolio. It's a responsible decision to constantly risk assess your portfolio using the usual investment metrics. Counting your loss should also be an option even if it's the last option

BullBearMkt:
Catalyst for today's market reaction:
CBN removes exchange rate cap for International Money Transfer Operators
https://nairametrics.com/2024/01/31/cbn-removes-exchange-rate-cap-for-international-money-transfer-operators/

This could create a big mess. Based on current economic and social condition of the country it could lead to steady continued devaluation, except economic and social conditions improve to make Nigeria attractive for both Nigerians and Foreigners. This policy on its own has a tendency to worsen things as people run towards perceived consistency. However, if security (a social condition) improves this policy could make some economic activities attractive, especially those that substitute imported goods or are involved in exports from Nigeria.