aremso:


So what u are telling your newbies is that they should keep buying at any price since you are certain the will hit the roof? You think our NSE operate in isolation? What of if we have global serious bank collapse and we have contagious effects u think those banks price can't tank? Dey play!

emmanuelewumi:




Behind every stock, there is a business and market for the product or service of the business, understand the business, competition, market and their corporate strategy so that you can make informed Investment decisions

aremso:


Lolllll this advice is to your newbies ooo not for the rugged man on the broad Street.

GreatEko:


For every market tip we drop here, we always advise that people do their own due diligence.

If they carry out their own diligence, invest and their portfolios turn red, that’s their business.

So relax bro.

emmanuelewumi:




Behind every stock, there is a business and market for the product or service of the business, understand the business, competition, market and their corporate strategy so that you can make informed Investment decisions

Streetinvestor2:
Sir are you saying the banks and businesses that folded and people lost thr investment did not have this things you mentioned. I lost heavily in oceanic bank,tantalizer,Dunlop, numerous insurance companies etc.The economy and corruption spearhead by the government made them close shop

yMcy56:

emmanuelewumi:



Did you understand what you quoted at all?


You were advised to understand the business behind the stock, the market position, competition, competitiveness, strategy etc in order to make an informed Investment decisions.


Did you make an informed Investment decision with the stocks you highlighted, or you made a trading decision on a stock whose business and financial fundamentals are shaky.

Fortunately I don't have any of the stock you listed

Streetinvestor2:
Nice one my oga.You want to tell me that when I made investment in oceanic bank and Dunlop the business and financial fundamental whr shaky.And the likes of fbn ,oando etc we bought high many moons ago which prices have nose dived too.I guess thr fundamentals too whr shaky when we bought
The ones you are buying now.How do you know the financial fundamentals are perfect since you are not the one preparing thr financial results. The last time I checked, it is still the old external auditors we know around, regulatory bodies and Nigerian that are the ceo of this trusted company.We all work with figures and information they pass on then and now still .The problem to me, is failed economy policy and corruption that stinks to the heavens
On another note how is your wapco doing because I remember you mentioning going for loan to buy then and the price was then above #28

aremso:


Lolllll this advice is to your newbies ooo not for the rugged man on the broad Street.

Streetinvestor2:
Nice one my oga.You want to tell me that when I made investment in oceanic bank and Dunlop the business and financial fundamental whr shaky.And the likes of fbn ,oando etc we bought high many moons ago which prices have nose dived too.I guess thr fundamentals too whr shaky when we bought
The ones you are buying now.How do you know the financial fundamentals are perfect since you are not the one preparing thr financial results. The last time I checked, it is still the old external auditors we know around, regulatory bodies and Nigerian that are the ceo of this trusted company.We all work with figures and information they pass on then and now still .The problem to me, is failed economy policy and corruption that stinks to the heavens
On another note how is your wapco doing because I remember you mentioning going for loan to buy then and the price was then above #28

Ades1:



You don’t sound like you’re anti stock market, you’re just anti Nigerian stock market which is fine tbh.

You’re not disputing the facts being presented(such as fundamentals, profits), you’re just anti NAIJA market regardless of how much profits these companies are making.

The funniest thing was when someone asked when you’ll know when foreigners are in the market. Your response cracked me up.

The people you’re arguing with have been in the market for long, they have been through many cycles of foreigners coming and going and they’re still here.

It’s fine if you're waiting for the daily 10% up before investing, some of us got in early and we are ok with however long it takes. We will be collecting nice dividends while we are waiting.

Ades1:



You don’t sound like you’re anti stock market, you’re just anti Nigerian stock market which is fine tbh.

You’re not disputing the facts being presented(such as fundamentals, profits), you’re just anti NAIJA market regardless of how much profits these companies are making.

The funniest thing was when someone asked when you’ll know when foreigners are in the market. Your response cracked me up.

The people you’re arguing with have been in the market for long, they have been through many cycles of foreigners coming and going and they’re still here.

It’s fine if you're waiting for the daily 10% up before investing, some of us got in early and we are ok with however long it takes. We will be collecting nice dividends while we are waiting.

mendes911:


Bad guy. . That right offer at #42.... Don't go and open that line. Let the sleeping dog snore away.

Streetinvestor2:
Nice one my oga.You want to tell me that when I made investment in oceanic bank and Dunlop the business and financial fundamental whr shaky.And the likes of fbn ,oando etc we bought high many moons ago which prices have nose dived too.I guess thr fundamentals too whr shaky when we bought
The ones you are buying now.How do you know the financial fundamentals are perfect since you are not the one preparing thr financial results. The last time I checked, it is still the old external auditors we know around, regulatory bodies and Nigerian that are the ceo of this trusted company.We all work with figures and information they pass on then and now still .The problem to me, is failed economy policy and corruption that stinks to the heavens
On another note how is your wapco doing because I remember you mentioning going for loan to buy then and the price was then above #28

emmanuelewumi:




I have been buying Lafarge for the past 18 years, I have bought the stock about 8 times this year infact I still bought more yesterday.


My average price for the stock is N17, less than N20.



Unilever @ N11, Lafarge @ N9, Nigeria Brewery @ N25, could not remember the price of Nestle, those were the stocks that saved me from the brutal bear market of 2006 to 2008 that crashed most of the the banking, insurance and other penny stocks.

aremso:


This same stock bought for someone at #15

aremso:


After consolidation under Pro. Soludo the man I like so much, I was thinking all was very perfect and well and Soludo too was assuring everyone that no problem with the banking industry. I was buying intercontinental, I was buying oceanic I was buy bank PHB. The rest is now history. I was buying Oando was seriously mopping until they were bringing out right offer now and then and to me that was a red signal after the right settled in my cscs account I sold all and thank God I did uacn I bought for #54 in those days where is UACN today? Performance of today doesn't guarantee that of future especially in Nigeria. Cadbury of #64 naira where is it today? Unless those manage by white CEO like Nestle and that is the only stock I ever regretted I didn't buy when a family brought it to me via someone close then to buy at #100 when their father died and they needed money.

aremso:


When u see 10% rise almost everyday then u know they are around and they do it across board of all perceived good stocks by them. They clear at any price since the purchasing power is super.

aremso:


Guy wether it cracked you up or not is none of my business, have communicated the message and I was not even discussing anything with u in the first place

Dum20:


Oga, this information is actually wrong.

When you see 10% almost everyday, that means they were already in the market and about to leave the market.

Was there 10%, when FO entered Transcorp? But when he was about to leave it became news.

Was there 10% when Heineken bought more share of NB? In fact alot of people do not know. But when they want to leave, you will see NB at N150

It is about this time they enter the market when there is a level of uncertainty in the eyes or the ordinary investor.
The sophisticated investors know what to look at

Like the saying goes "Be fearful when others are greedy, be greedy when others are fearful"

naturalflow:
There is a guy that keeps suppressing the price of dangotesugar whenever it gets to 19.30.why are people so wicked?if you are here,don't try it this time around oo.

Krisuba:

On another note how is your wapco doing because I remember you mentioning going for loan to buy then and the price was then above #28

Fair play please. Nsempa without violence!!
We are learning from the back -ground!!

emmanuelewumi:




I still bought more shares of Lafarge yesterday.


A business won't go under overnight, the signs will be there at least for 12 months.


There is a difference between making money from a stock whose business is losing money and fundamentals are shaky, and losing money from a stock whose business is making money and fundamentals are sound.

The first one is a trader's delight while the second one is an investor's delight.


The earlier we know the difference between price and value the better.

Dum20:


Oga, this information is actually wrong.

When you see 10% almost everyday, that means they were already in the market and about to leave the market.

Was there 10%, when FO entered Transcorp? But when he was about to leave it became news.

Was there 10% when Heineken bought more share of NB? In fact alot of people do not know. But when they want to leave, you will see NB at N150

It is about this time they enter the market when there is a level of uncertainty in the eyes or the ordinary investor.
The sophisticated investors know what to look at

Like the saying goes "Be fearful when others are greedy, be greedy when others are fearful"