fxuser:


even d I&E window feel am yesterday . .and likely to continue

$48b for GE akant

RabbiDoracle:




You are doing novena for MM to come. Chai

Am not praying Novena for MM to come ooo. And do not mistake my post to mean am in FCMB ooo. Am just thinking out loud.

maishai:
when do u think Union bank will start rewarding investors with dividend ?

Check their Retained earnings. Divide it by the PAT they made in 2017 YE. That should give you the approximate number of years assuming they keep contributing the PAT to their reserve.

mendes911:


Am not praying Novena for MM to come ooo. And do not mistake my post to mean am in FCMB ooo. Am just thinking out loud.

Continue thinking.

Ayav catch u.

RabbiDoracle:


Continue thinking.

Ayav catch u.

Not at all. Seriously.

Will I leave Fidelity at N2.19 and be in FCMB at N2.50?

mendes911:


Not at all. Seriously.

Will I leave Fidelity at N2.19 and be in FCMB at N2.50?

I dey wait for them at sub 1.2

RabbiDoracle:


I dey wait for them at sub 1.2

That means you will sell them to me at below N1.00 (If you buy at N1.20, I expect your stop loss to trigger below N1 and being a gentleman, you will respect your stop loss).

maishai:
when do u think Union bank will start rewarding investors with dividend ?

For Union Bank, ignore dividend for now and think of possible M&A opportunities that can give you capital appreciation.

Trading
- they tell u just Buy Low and Sell High , sounds very easy ... it's actually easier to end up selling low and buying high.

lolx #sigh

RabbiDoracle:


You go just wound.

The king of the mattress! Nobody knows it all, for me to wound

the market go try. Never say never shaa. Seriously I enjoy this bear

Many stocks are coming down for another round of loading. Being bold

does not say you should enter market without knowledge.

No matter how, at the heart of trading or investing is risk management.

Diamondian prisoners are occasionally taken out to work, some refuse to return, others are faithful, the prison facilities continue to deteriorate...
Bet on nothing when it comes to Nigerian managers.
I once thought Diamond will never visit sub N2.00 not knowing a pig will always return to its base..
How this guy is so efficient in mismanaging this bank amazes me..

if u suffer from itchy fingers like me , just keep d amounts very very small . .

fxuser:
Trading
- they tell u just Buy Low and Sell High , sounds very easy ... it's actually easier to end up selling low and buying high.

lolx #sigh

sellydion:


The king of the mattress! Nobody knows it all, for me to wound

the market go try. Never say never shaa. Seriously I enjoy this bear

Many stocks are coming down for another round of loading. Being bold

does not say you should enter market without knowledge.

No matter how, at the heart of trading or investing is risk management.

deriz no better teacher dan Mr bear , Mr bull is too forgiving

fxuser:
Trading
- they tell u just Buy Low and Sell High , sounds very easy ... it's actually easier to end up selling low and buying high.

lolx #sigh

Lol...
NBST.
Any time you are to enter lagoon, you mind and fingers work in perfect sync.
When you are to enter right, you keep cancelling your orders until a bad trade is seen that quickly traps the cash and the opportunity is gone...

DeRuggedProf:


Lol...
NBST.
Any time you are to enter lagoon, you mind and fingers work in perfect sync.
When you are to enter right, you keep cancelling your orders until a bad trade is seen that quickly traps the cash and the opportunity is gone...

lollx d many limitations of not having unlimited capital

Full offers

- there are majorly 2 types , do not mistaken dem for one another if u do , keep ur mistake small

fxuser:


lollx d many limitations of not having unlimited capital

Even unlimited capital at a point becomes limited.

Transcorp
- full offer at 1.51


dis:
bought a lil some here

fxuser:
Trading
- they tell u just Buy Low and Sell High , sounds very easy ... it's actually easier to end up selling low and buying high.

lolx #sigh

Lol....

Easier said than done otherwise there would be more successful stockmarket traders/speculators/investors than those who gave up along the way out of frustration and despair.

Now to all my fellow players in this and other markets although i suspect you know these already... from insightful information i have pieced together from many sources - Less than 7% of SM participants get really rich from doing business in the markets - Equity, futures, currency (even worse here) etc. About 30% breakeven after years of trying, and the rest just give up and move on to something else.

Another interesting thing from reading Warren Buffets Letters to shareholders for 2016 and 2017, although this is conventional wisdom, lots of folks are much better off by just investing in index funds. In Nigeria we have quite a few promoted by leading brokers and investment banks. They do this thing for a living.

Now, Another Insight, There is no one way to make money from the markets. You need to constantly evolve. A strategy that made money 3 years ago can backfire and cost you your fortune. Your focus should be on making money and not on particular shares you hold. Emotional attachment is dangerous.

From personal experience...If you want to make thripple digit returns, it can't be found in the well managed and stable companies with nice financials. Those ones will deliver nice annual returns that beat returns on government securities by a mile. Thripple digit returns are in distressed stocks...NOTE:Distressed stocks, not DISTRESSED COMPANIES. There are about 3 i see clearly in the market now. It takes a measure of boldness, healthy risk appetite and research into these companies to unlock the returns. Never forget your statistics 101 lessons on Probability.

Be Greedy at the right time, fearful at the right time and never let over-confidence and over-familiarity with the market kick in. Otherwise, the market will get you.

fxuser:
Trading
- they tell u just Buy Low and Sell High , sounds very easy ... it's actually easier to end up selling low and buying high.

lolx #sigh

The market needs to go down before these bulls can surface again. It's been long over due.

fxuser:
Transcorp
- full offer at 1.51


dis:
bought a lil some here

Luck on NSE is when you test its depth with one foot...
I believe stability is around here.

fxuser:
Transcorp
- full offer at 1.51


dis:
bought a lil some here

Really a staunch believer of Transcorp. Kudos. Abi na effect of itchy fingers?

fxuser:
Transcorp
- full offer at 1.51


dis:
bought a lil some here

currentprice:

Talk about your own trade and leave FXUser alone. LOL.

Brent Crude Oil Hits $80 per Barrel Again
https://www.businesspost.ng/2018/05/22/brent-crude-oil-hits-80-per-barrel-again/

CBN Orders Audit of eTranzact over N11b Fraud, Sacks Directors
https://www.businesspost.ng/2018/05/22/cbn-orders-audit-of-etranzact-over-n11b-fraud-sacks-directors/

mendes911:


Really a staunch believer of Transcorp. Kudos. Abi na effect of itchy fingers?

not a believer in any stock
na my itchy finger
fidelity and co sef de enter my eye for position trading

dipoolowoo:
Brent Crude Oil Hits $80 per Barrel Again
https://www.businesspost.ng/2018/05/22/brent-crude-oil-hits-80-per-barrel-again/

CBN Orders Audit of eTranzact over N11b Fraud, Sacks Directors
https://www.businesspost.ng/2018/05/22/cbn-orders-audit-of-etranzact-over-n11b-fraud-sacks-directors/

your stories

currentprice:

scary shii !
chk out dangflour . . also in d over -40% from d yr high league . (d banks top banks are doing -20% to -30%)

fxuser:


not a believer in any stock
na my itchy finger
fidelity and co sef de enter my eye for position trading

Fidelity might be bae for a quick 10% by the end of this week. The question now is whether to risk for the small fries (10%) or rather have the patience of Job and keep waiting for the big pay day.

#Uncertainties of Life.

DeRuggedProf:


Luck on NSE is when you test its depth with one foot...
I believe stability is around here.

na too first deep hand before 1 foot
this May is not over yet

fxuser:


scary shii !
chk out dangflour . . also in d over -40% from d yr high league . (d banks top banks are doing -20% to -30%)

Can you explain more please?