Chibuking81:

( The above was posted on June 12, 2019. Nine months still counting, five months gone, four more months to go)

Good evening all

Chibuking has just declared the market bullish! Will history repeats itself again and the reverse takes charge?.

Only time will tell.

PETERiCHY:



Got my 1st batch @#18:10k and 2nd batch @#17. Greed of #20 selling target made me not to bailout @#19:55k when the ovation was loudest but i later bite the bullet @#18:60k.

Now patiently waiting @ circa N17 if not good-bye Janet

Oh really?
You were enjoying Zenith jijo and bashing the stock and its founder Jim Ovia at the same time as though you can't touch it even with a long spoon.
How smart!
People who take those things you post seriously don suffer.
Na wa oh.

A lot of interesting Zenith experiences and opinions so far.

As our faces are different, so are our strategies.
For me, Zenith remains a cash cow and nothing will make me sell unless anything goes wrong in their books. It has continued to generate steady flow of dividends which even enables me to cherry-pick bargain stocks during bear periods.

Some stocks remain untouchable in my portfolio as long as they remain fundamentally sound.
If Zenith like make e drop to N9, with the current performance, I will load more.

If you intend to make capital appreciation of 30-50% for instance, why buy Zenith when there is an FBNH?
But when you are looking for high dividend yield, you buy a Zenith and care less about how it moves.

Everybody can't be doing the same thing.

Just develop your strategy and stick to it otherwise, the many different opinions and strategies of others can make you loose your identity.

mendes911:


Chibuking has just declared the market bullish! Will history repeats itself again and the reverse takes charge?.

Only time will tell.

Mcy56:
Oga @RabbiDoracle I wasn't in any way referring to you or offended at all. Your jokes were just what they were, JOKES with learning points. Believed Loco was joking too. I replied jokingly that day........but on a second thought I felt I should just mention it cos not all are sane on this thread. My mention has nothing to do with your jokes at all. Thanks for your good words and advice sir. Well appreciated.
Good to know you had your rough/inexperienced times too.

OakPearl:
A lot of interesting Zenith experiences and opinions so far.

As our faces are different, so are our strategies.
For me, Zenith remains a cash cow and nothing will make me sell unless anything goes wrong in their books. It has continued to generate steady flow of dividends which even enables me to cherry-pick bargain stocks during bear periods.

Some stocks remain untouchable in my portfolio as long as they remain fundamentally sound.
If Zenith like make e drop to N9, with the current performance, I will load more.

If you intend to make capital appreciation of 30-50% for instance, why buy Zenith when there is an FBNH?
But when you are looking for high dividend yield, you buy a Zenith and care less about how it moves.

Everybody can't be doing the same thing.

Just develop your strategy and stick to it otherwise, the many different opinions and strategies of others can make you loose your identity.

Spot on. Couldn't have said it better. Not having your own strategy and just doing anywhere belle face based on other people's strategy and opinion will only lead to heartache.

OakPearl:


Oh really?
You were enjoying Zenith jijo and bashing the stock and its founder Jim Ovia at the same time as though you can't touch it even with a long spoon.
How smart!
People who take those things you post seriously don suffer.
Na wa oh.

How are you sure the guy has any investment on the NSE?

This place is quite busy this weekend. Is it the expected bull?

Need advice please, gambled and bought lasaco at 28k last week and the price has dropped to 23k. I am thinking of loading more on Monday. I need the house opinion. Thanks

RabbiDoracle:
What banks did was to stop at Ore to buy Gala and Lacacera.

Access is busy drinking Redbull for more energy

UBA is drinking Redbull and about to go for Oshogbo w....

GTB and Zenith may lead this bull unlike Access (seen last 2 weeks) . Watch that space. They have both gone on training with Usain Bolt

Don't discount the Tier 2 banks. Those ones are at one corner taking Oshogbo w....

You this man you sha want to tempt me to re-enter this Zenith again... Because I have laid out my cash to buy more and more wapco ( target is 500k units) increase my stake in Access.

Anyway, since there is no permanent enemy but permanent interest in stock business I might give it another shot provided it drops below N18...

^
^^
^^^^...its just patience...

Payunsin:
Need advice please, gambled and bought lasaco at 28k last week and the price has dropped to 23k. I am thinking of loading more on Monday. I need the house opinion. Thanks

Christmas is still 4 weeks away my brother. Village people got you boarded on this bus but you still want to go ahead to pay for the transport fare when you should be thinking of how to disembark from the forced journey.
Dont pay o so make dem turn you to village champion

Now In Short Term Rally...
Couple of stocks have gone really high while some are gearing up to start the same fit. One of such preparing the momentum to rally is IBTC. Last week ended very bullish having created a higher-low. Now the stock is targeting to create a higher-high on the weekly. At the current price the value price is below 39 but higher than 38 (highlighted zone)

If interested also: Check out DangSugar, OANDO, NASCON etc

PLAN YOUR TRADES AND TRADE YOUR PLANS

Sterling Bank PLC In Corrective Wave After The Rally
Once a leader in the banking sector, Sterling bank is now in correction phase. Once the correction is completed, another rally may likely begin or it might slump into another complex correction. For now, it seems the price is gunning down to re-test 1.95. Any form of rejection at this level can witness another upward momentum...

Wishing everyone happy working week ahead! Stay Blessed.

PLAN YOUR TRADES AND TRADE YOUR PLANS

RabbiDoracle:
In SMN there was this guy that comes and say he only bought 2,000 units. His name is afolabi. He became the SI unit of quantity of stock. That is why you hear people on this thread say: "let me go and buy my afolabi units"

Afterwards, I started reading books, developing strategies, mastering my emotions (fear and greed) and watching behaviour of the market. It was then I discovered the bingo and the potbellied man! I am that bingo. Very patient!

Most of the guys you see here were all on SMN and they know the rules and understand controlling emotions. I want same for you.

Couldn't comment on the above earlier.
Thanks for taking your time to explain these terms sir....... Afolabi units. It's been mentioned here severally but didn't know the meaning or where it was originated from until now. Also the bingo and Potbelly man.
Good to know quite a lot from SMN are on this thread too. No wonder we have lots of great guys here.
Think I'll limit my comments henceforth and be learning instead, although my comments are most times directed to my fellow newbies.
Once again, thanks sir. You're a blessing to this thread.

Payunsin:
Need advice please, gambled and bought lasaco at 28k last week and the price has dropped to 23k. I am thinking of loading more on Monday. I need the house opinion. Thanks

My opinion might be a bit different.
Lasaco was almost on full bid on Friday before that "impatient" guy like me . came to drop his Kaya towards the tail end. I wish I'd benefitted from the bonanza too, cos I picked small units at 27k not long before he came. If I see 23k I will buy more.
Lasaco is not doing bad at all, in fact, I just have the feelings that a repeat of what happened in cornerstone could happen here...........PLS NOTE that this is purely my opinion and I may be very wrong. Follow your instinct.

Intendy:
Christmas is still 4 weeks away my brother. Village people got you boarded on this bus but you still want to go ahead to pay for the transport fare when you should be thinking of how to disembark from the forced journey.
Dont pay o so make dem turn you to village champion

Pls let's know more on the reason for saying this. It may be of great help.

Mcy56:

Couldn't comment on the above earlier.
Thanks for taking your time to explain these terms sir....... Afolabi units. It's been mentioned here severally but didn't know the meaning or where it was originated from until now. Also the bingo and Potbelly man.
Good to know quite a lot from SMN are on this thread too. No wonder we have lots of great guys here.
[b]Think I'll limit my comments henceforth [/b]and be learning instead, although my comments are most times directed to my fellow newbies.
Once again, thanks sir. You're a blessing to this thread.

You can limit your comments on individuals but don't stop giving us updates on market trends.
We dey enjoy am.
E.g Access bank on the run and UBA is still drinking water.
You serve as a replacement for one mercilicious that is no longer active on this thread after a fierce battle with .....

Mcy56:


Pls let's know more on the reason for saying this. It may be of great help.

What's is the fair price of lasaco?

Standardguy:


Yes big bros. This market is NOT for the impatient. I am a one stock man (a stock that can pay me dividend in the worst case scenario). I buy from September to November and cash out in January. Even if the bulls or the bears are on rampage I don't sell until January . It has worked for me for some years now with unimaginable profits.

It is advisable to enter the market, buy a good stock or stocks with good financials and forget it till January. Moving from one stock to another this period only reduces profit, increases regrets as well as discouragement when others are profiting. I just buy, leave it and pray as only God knows the stock that will rally the most during the xmas rally/January effect. It might even be Zenith though I don't have it.

Sir, I totally agree with you that last quarter of the year is not for moving stocks. I am curious to know what you do with proceeds of sale between the intervening period of February to August, do you jijo during this period or you withdraw your cash? Thanks.

BAMOFIN1:


Sir, I totally agree with you that last quarter of the year is not for moving stocks. I am curious to know what you do with proceeds of sale between the intervening period of February to August, do you jijo during this period or you withdraw your cash? Thanks.

I move my fund to Treasury Bills (TB). Just develop a strategy that works for you. There are different strategies each with its pros and cons.

BullBearMkt:
Now In Short Term Rally...
Couple of stocks have gone really high while some are gearing up to start the same fit. One of such preparing the momentum to rally is IBTC. Last week ended very bullish having created a higher-low. Now the stock is targeting to create a higher-high on the weekly. At the current price the value price is below 39 but higher than 38 (highlighted zone)

If interested also: Check out DangSugar, OANDO, NASCON etc

PLAN YOUR TRADES AND TRADE YOUR PLANS

April 04, 2019 / 10:17AM / By Reuters


Nigerian oil company Oando PLC aims to raise fresh capital over the next two years and repay debt used to acquire Conoco Phillips’ Nigerian assets, its chief executive Adewale Tinubu told Reuters.

Tinubu said Oando PLC has paid over 77 percent of the acquisition debt and plans to pay-off the rest in 12 months, which would allow it to resume dividend payments. He said Oando would be left with total debt of $300 million.

https://www.proshareng.com/news/Stock%20&%20Analyst%20Updates/Oando%E2%80%99s-Plan-to-Deleverage-and-Remain-Profitable/44748

Those of us warming up for OANDO RALLY cum XMAS RALLY rightnow

Payunsin:
Need advice please, gambled and bought lasaco at 28k last week and the price has dropped to 23k. I am thinking of loading more on Monday. I need the house opinion. Thanks

Na wa o. Are you aware they are about to do a rights issue?

PETERiCHY:


April 04, 2019 / 10:17AM / By Reuters


Nigerian oil company Oando PLC aims to raise fresh capital over the next two years and repay debt used to acquire Conoco Phillips’ Nigerian assets, its chief executive Adewale Tinubu told Reuters.

Tinubu said Oando PLC has paid over 77 percent of the acquisition debt and plans to pay-off the rest in 12 months, which would allow it to resume dividend payments. He said Oando would be left with total debt of $300 million.

https://www.proshareng.com/news/Stock%20&%20Analyst%20Updates/Oando%E2%80%99s-Plan-to-Deleverage-and-Remain-Profitable/44748

Those of us warming up for OANDO RALLY cum XMAS RALLY rightnow

how are we going to key in to this................. There is definitely money to bemade here short term

Mcy56:

Couldn't comment on the above earlier.
Thanks for taking your time to explain these terms sir....... Afolabi units. It's been mentioned here severally but didn't know the meaning or where it was originated from until now. Also the bingo and Potbelly man.
Good to know quite a lot from SMN are on this thread too. No wonder we have lots of great guys here.
Think I'll limit my comments henceforth and be learning instead, although my comments are most times directed to my fellow newbies.
Once again, thanks sir. You're a blessing to this thread.

You shouldn't stop commenting. You can read up strategies on how to navigate the market from people's post.

Be careful on those kobo kobo stocks. Except if you are not committing big funds to it, exiting will seem so difficult for you when it is time.

Try and sit in a well-cushioned bus such that when the bus breaks down, you just adjust your seat and sleep inside watching TV and eating snacks. Unlike Molue where if it breaks down, you can't even adjust seat. No snacks, nothing!

There are times that N10 stock is cheaper than 20kobo stock. This is a paradox of stock investing. You are so concerned about the "price" without first seeking "value attached to price" .

Na wetin dey wound people for NSE be that o.

Mcy56:

My opinion might be a bit different.
Lasaco was almost on full bid on Friday before that "impatient" guy like me . came to drop his Kaya towards the tail end. I wish I'd benefitted from the bonanza too, cos I picked small units at 27k not long before he came. If I see 23k I will buy more.
Lasaco is not doing bad at all, in fact, I just have the feelings that a repeat of what happened in cornerstone could happen here...........PLS NOTE that this is purely my opinion and I may be very wrong. Follow your instinct.

You are still buying Lasaco. Why do you buy a stock Are you an FA or a TA person

leo1234:
You can limit your comments on individuals but don't stop giving us updates on market trends.
We dey enjoy am.
E.g Access bank on the run and UBA is still drinking water.
You serve as a replacement for one mercilicious that is no longer active on this thread after a fierce battle with .....

Funny
Mercilicious should come back, she's well grounded in stock investment and can't be compared with me at all.

RabbiDoracle:
You shouldn't stop commenting. You can read up strategies on how to navigate the market from people's post.
Be careful on those kobo kobo stocks. Except if you are not committing big funds to it, exiting will seem so difficult for you when it is time.
Try and sit in a well-cushioned bus such that when the bus breaks down, you just adjust your seat and sleep inside watching TV and eating snacks. Unlike Molue where if it breaks down, you can't even adjust seat. No snacks, nothing!
There are times that N10 stock is cheaper than 20kobo stock. This is a paradox of stock investing. You are so concerned about the "price" without first seeking "value attached to price" .

Alright Sir. Thank you. I'm blessed this weekend.
Will extract this advice and other ones into Excel so I can have easy access to it and be reading from time to time. I really needed that constant reminder.

pluto09:
You are still buying Lasaco. Why do you buy a stock Are you an FA or a TA person .

Chai! You caught me red-handed here again.
Na quick profit dragged me there o.
Im neither FA or TA person but SA (both Sentimental and Spiritual).
Anyway, I checked their financials it was okay.
Also read they're doing a special/private placement of 1.20k per share, so I just thought they may move up the share price to make it look attractive in the meantime.........but with all these advices from the veterans here, I think I needed to redefine my objectives, do more readings so I can become better.

leo1234:
What's is the fair price of lasaco?

Oga mi, this is not my area o, even myself is seeking to know the fair price.
The insurance sector is faced with recapitalisation now. Just felt some of them may be rewarding in the short - medium term with good entry price. My opinion may be very very wrong though.

Mcy56:

Chai! You caught me red-handed here again.
Na quick profit dragged me there o.
Im neither FA or TA person but SA (both Sentimental and Spiritual).
Anyway, I checked their financials it was okay.
Also read they're doing a special/private placement of 1.20k per share, so I just thought they may shore up the share price to make it look attractive in the meantime.........but with all these advices from the veterans here, I think I needed to redefine my objectives, do more readings so I can become better.

It is OK if you have checked their financial result.
My sincere advice, most of the people you see here who claim to use spiritual, sentimental or gut analysis are well grounded in both FA and TA.
Somebody like Agba will use 8 months to study/analyze stocks/market before using gut.

The famous prophet Utuocha of SMN got his fingers burnt severally with his direct vision from heaven in picking stocks

Do your home work and know the reason you are buying a stock.

maishai:
how are we going to key in to this................. There is definitely money to bemade here short term

APC reclaiming more states is guaranteed that WALE will OVERCOME the current BROUHAHA.

With F/Y 2019 PAT the remaining CONOCO-PHILIPS debt will be PAID in FULL.

So don't EXPECT the anticipated RIGHT ISSUE that will take place in 2020 to come CHEAP or less than N10 per share.

In conclusion just like DANGOTE Flour. & DIAMONDBK.
OANDO has seen it WORST years and will definitely be a GOLD MINE for those that took POSITION @t sub N4.

*ThE OcToPuS*