emmanuelewumi:
Over N15 billion was spent in the market today

Zagee:

...and half of that on Geregu? 🤔

emmanuelewumi:



Everyone is right, stocks on NGX are dirt cheap and most stocks can still do 25% in order to get to their intrinsic value.


Market sentiments, interest rates, happenings in global economy can still make stocks on NGX to lose


But on the long run market logic will always overtake market sentiment.


In the market, we have price and we have value. Ability to identify difference between price and value, and then use it to ones benefits is the key to a long term success in the stock market.


Surprised, those who sold GTB at N20 are now ready to buy at N30. No be juju be dat

yMcy56:

Thanks for sounding those warnings but just try and talk in plain terms that we night school students can understand.

Those buying huge volumes in market now are not really retailers, we don't know what they've seen or what Their mission is.

Whatever is ahead, we pray God see us through.

Lion123:


Thanks. Sold all my ACCESS yesterday and looking to get back in, but hoping for lower prices.

PETERiCHY:


Will remind you when ACCESS hit #20.

BARGAIN HUNTERS TAKE NOTE!

Lion123:


I already got back in at between 11.75 and 11.90 and got back my old position. I have made my brokers a lot of money between yesterday and today, but took a tiny profit that will pay for suya.

thesilentone:
Your brokers will be grateful for your generosity.

toyeoye:
Reality of increase in price for goods and services due to the adjusted petrol prices should mean that a lot of people would prefer to hold cash and exit the market?

BabsO2:


So how our new president moves in the next couple of weeks and months can prevent the global US asset meltdown from impacting NSE negatively. However banks with unduly large amounts of global assets may still be negatively impacted.

thesilentone:
MTNN is an obvious cup and handle on the weekly.

Do with this information what you will.

yMcy56:


They are responding to emails.
Only that I can't drop a staff's mobile here.
Try and put yemisio@morgancapitalgroup.com in copy.

Ades1:



These doom and gloom people too funny! Everybody's portfolio gained 4,5,6,7,8,9% yesterday, but the sky is falling today because we are down 2% or less?

Make we dey look

toyeoye:
Reality of increase in price for goods and services due to the adjusted petrol prices should mean that a lot of people would prefer to hold cash and exit the market?

seyisanya:
They're waiting on the sidelines just to tell you ''I told you so'' . Well, wetin I know sef? Make I jejely go deposit my UPDCREIT dividend inside my trading account as we resume buying spree tomorrow.

thesilentone:
I've always liked your takes since the days of the 'other' thread.

Meanwhile, the illiquidity of UPDCREIT is the only reason I don't have significant volumes in my portfolio.

It's in my buy zone right now.

emmanuelewumi:



Not liquid, but gives predictable dividends twice in a year.


The Architect who introduced UPDC REIT stock to me 5 years ago, will go home with a dividend of N3.2 million today. Not too bad for an illiquid stock

emmanuelewumi:



Be careful, on what basis. I have the following intrinsic values using 5 years average EPS and 5 years average return on equity and then making provision for margin of safety


GTB 45
Zenith 42
Access 24
Uba 20
Fidelity 11
FCMB 9
MTN 320
FMN 43
Sterling 7
DSR 42
Nascon 21
Nestle 1500
Dang cement 330

emmanuelewumi:



Not liquid, but gives predictable dividends twice in a year.


The Architect who introduced UPDC REIT stock to me 5 years ago, will go home with a dividend of N3.2 million today. Not too bad for an illiquid stock

Ades1:



I like how this bros always brings numbers to the argument!!!

I can picture him saying argue with ₦3.2 Million Naira and leave me alone 😂😂😂😂😂😂

X21:

Almost all stock in this market have negative real yield when when their respective dividend yield is adjusted for 23% inflation.
can we still say they are under valued considering this our peculiar inflation that growing month on month

one can submit that at the short run dividend investors are loosing value.

thesilentone:
Not bad at all.

The predictability of payment is good if treated like a coupon or for long term folks.

This could be a 'Set and Forget' part of a portfolio.

Div yield of 10%+ - not bad

Some of us like 'actioen' though in place of patience plays.

thesilentone:
@Agba How is that MTNN cup and handle looking?

emmanuelewumi:



Considering the fact that he would earn another N3.2 million or above in another 6 months time as interim dividend.


He did some jobs for the parent company and used his profit to buy shares of UPDC REIT

Ades1:


₦6.4 million per annum for being a lazy Nigerian youth 😂😂😂😂😂😂😂. Sign me up for this all day, everyday

PETERiCHY:


Will remind you when ACCESS hit #20.

BARGAIN HUNTERS TAKE NOTE!