unite4real:


i took a gamble last week. Sold all Dangote Sugar at N67.3 for the mere reason to go queue with the entire fund to buy NASCON at N55 when i realised that i could increase my holding if i did the conversion.

my bid was not successful that day to buy nascon. next day, i upped it, yet not successful. then on Friday i bought it at N59 which was still cheaper but not what i targetted. My equivalent holding of NAscon to dangote sugar increased from original figure actually

Now i don't know how stupid i would have felt if i had decided to wait till yesterday Monday to see if i could catch it at my target price.
This type of gamble is not advisable at all and i am so not gonna try it again. I didn't know what came over a PATIENT INVESTOR like me. Maybe na spiritual something but i overcame it.

9free:

Abeg, remain me when GTCO and Zenith touch N120 as that Oga wey no wan his holdings since 2007 predicted. You go be my sure plug for areas like Lekki, Maitama and Asokoro.

Digitron:
Good Afternoon Gurus in the house.

I have some shares (Zenith, Fidelity and Wema) that was bought for me by my Dad in 2023.

Recently, I saw the shares certificate but I don't know how to go about it.

Please, how should I proceed?

veecovee:


I Love this.

If his eyes are opened for a second to see the everlasting purnishment for sexual immorities in hell Matthew 25:46, He'll cut off his ...

Ades1:





Until my dividends are not paid or the yield does not make sense, as long as my dividends getting paid, I'll continue to hold. I pray prices crash so that my dividends can buy more...

Only time I'll sell anything is if there are better opportunities elsewhere

emmanuelewumi:




Better to diversify into fixed income or Eurobond investment.


Forget all the land banking and speculative real estate investments.


If you must do real estate make sure it is commercial real estate and not residential, don't tie down more than 40% of your networth on it especially if your networth is less than N100 million.


My opinion though

emmanuelewumi:




The dividend yield on some stocks will be less than 1%, wait till when results start coming out

yMcy56:

Good luck to him.

UBA sighted @33.50 as at now.......still moving........34!
The buyers are not from NSEMPA...

OrgasmDonorxoxo:
biko men and women dem

how do you know when to jump out of a stock

Zagee:
It just feels like that $b UBA released on behalf of Afrexim just they enter this market today. What manner of prices are these🤣

The last of shell onshore assets has finally been disbursed for $2.4b.
Sadly, our guy no buy am!

Ades1:




Hahahahaha, sounds like Dangote sugar, I'll sell so fast it would look like I never owned it. Any stock in my portfolio that pays less than 6% is GONE, that is my own personal preference. Oh and that 6% is on the current price not yield on my cost.

No emotions when you're dealing with numbers

OrgasmDonorxoxo:
biko men and women dem

how do you know when to jump out of a stock

emmanuelewumi:




What are you going to do with your loot, people who sold Dangote Sugar at N60 came back to buyback at over N70.

Fundamentally, UBA is still going places. N45 is more like it for UBA and N60 for GTB and Zenith Bank

Ades1:




Hahahahaha, sounds like Dangote sugar, I'll sell so fast it would look like I never owned it. Any stock in my portfolio that pays less than 6% is GONE, that is my own personal preference. Oh and that 6% is on the current price not yield on my cost.

No emotions when you're dealing with numbers

Locotrader:


Pastor,I hope God will not count you as a sinner for mentioning his........penis

emmanuelewumi:




Better to diversify into fixed income or Eurobond investment.


Forget all the land banking and speculative real estate investments



If you must do real estate make sure it is commercial real estate and not residential, don't tie down more than 40% of your networth on it especially if your networth is less than N100 million.


My opinion though

Locotrader:


Pastor,I hope God will not count you as a sinner for mentioning his........penis

veecovee:

I know say you dey alcohol well well. Hope you no dey do those kind agba things

emmanuelewumi:


GTB and Zenith Bank at N120, that can't happen in 2024

unite4real:


Investors with huge funds buying about 500k units of dangote sugar or those loading MTN, BUAFOODS and even the darling twin Transcorp are not expecting dividend even up to 5%.
They know what they are doing.

if you are targeting dividend, then you need to exit and look for dividend paying stocks.

very few companies will do 6% and above from my thoughts

emmanuelewumi:



Referring to a N100 stock that paid a dividend per share of 13k last year with the probability of increasing the dividend to 30k this year.

That will give a dividend yield of 0.3%

Locotrader:


I no dey alcohol again.
Alcohol made me to cheat on my wife 3 good times.I have to quit it and also quit some friends.
Now I have a happy family and Christ our light and salvation.

sonofElElyon:


No tying down of money if yoi know what you are doing. Just like shares, buy off plan from reputable developers when no one is looking or at pre launch... they'll come begging you to sell in 18 - 24 months

Bbbwings:
Booking profit is not for dangsugar. We ride till endtime

Shalom428:
Nigeria stocks are ridiculously cheap. Long term investors that have holding power and are patient will be massively rewarded when the Nigeria economy finds its balance.

All I see is opportunities.

Shalom

Bbbwings:
Booking profit is not for dangsugar. We ride till endtime

Bbbwings:
Booking profit is not for dangsugar. We ride till endtime