Ades1:



Loco has said it here publicly that his GOAL is to have ENOUGH capital to invest and forget all the headaches of jijo.

MARKETJJC:
Trading is cool for those that have the temperament. I used solely trading to grow 500k that I started trading with (after my NYSC) TO 4.5MILLION. This is exactly one year that I started trading. I thank God that I jam this platform, Mercy na ultimate. And Loco too

yMcy56:

Lol. The good thing is that both bull and bear makes money for traders.

While the rate of JIJO in bear is restricted and is more of hunting for good bargains, bull makes it much easier to enter/exit, even with little gains or small haircut, which can be collected back in another bullish one.

Itsrm:


That's the point. Not saying it's impossible to make money but you are more likely going to get burnt in a bear market.

Locotrader:


Good morning,
Let me put mouth small so that people will not depend solely on Jijo with huge capital.

All the years I have been in this market, it is only in this Tinubu Administration that I got 50million Million naira and above.

Now I don't do Jijo again.I make much researches on the stock to put my money whether dividend or no dividend. I only put my money in stocks I think can give me 100% or more no matter the time it will take but must come. I don't go for 20% again with huge funds.

I will also be spotting opportunities for people who can buy and sell within a short period especially the swing traders.

Mankind2024:


@locodemy..Long time indeed.
How is your commercial farming going?
Well, enterprise is doing good here.
Your confession moved me. I think I should also confess.
It is during this Emilokan time that my sweat and blood life portfolio returns a crazy growth of over 350% with capital appreciation of over NGN 150M plus in Naira, while the offshore portfolio is now eyeing the critical and most difficult break out point USD100k which would definitely be by May 2024.
The NGX goal has always been NGN1B, I ain't given up, We rise and rise till the dream is realised.
I'm so glad that members are doing well.
The best empowerment we can offer new members is principle of investing and trading.
Not all the TA vs FA debacle.
People would never seized the day thinking the Market would obey TA or FA due to procrastination and behavioral biases that can hinder sound financial decisions.
I learnt to seize the day and allow the owner of the Market to do the needful.
I buy the stock of good companies with set Target of at least 1M unit, which I often achieve within 1 year @ most. This implies that I do not look at what the chat is saying.
This was how I acquired the 1M unit of Zenith at average cost of 21 as at the closed of business yesterday.
The only regret which I found it difficult to pardon my decision was offloading FBNH premature at NGN21, seeing it yesterday at NGN40 was waoh....This Market is crazy. Never say Never.
Noone owns the market, long-term investors are the overall winner 🏆 of the Market trophy.
Wishing u all a greenish day ahead.

Locotrader:
@ Deadlytruith, I don't use to send DM or respond to it.I would have like to send you Dm on Iei stock.

I wanted both of us to rub mind on the stock you spotted which I think is good. Your action of not responding to my messages is not a good one. I can't do that to you.

I worked so much on that stock throughout last week and now it is a BUY stock. I got a lot at 1.20 and 1.22.I will continue to buy until I meet my target. You can average down at these prices or below but getting the stock at below 1.20 will be extremely difficult for now because liquidity and good trading setup is created for the stock at this time only. I will review the stock again after Q1 result.

emmanuelewumi:



It appears Transcorpse is a scam, with its extraordinary 44 billion outstanding shares.

Tony's holdings has reduced, UBA Nominees is now the largest shareholder of the company.

When insiders are reducing their holdings and offloading to UBA Nominees that should tell you something

Locotrader:


Succinct.
Wishing you well in all your endeavours.

BabsO2:


Was searching for something and this 2020 post came up
Some may still hold this perception.
Time will tell - It's a great gem through the leadership of Tony Elumelu or ?.

BabsO2:


Was searching for something and this 2020 post came up
Some may still hold this perception.
Time will tell - It's a great gem through the leadership of Tony Elumelu or ?.

Choiceguy:


INTERNATIONAL BREWERIES on full bid
What's happening

Deadlytruth:
As for IEI, I am afraid of discussing it too much here for fear of MH label, and that explains why I somehow became reluctant in responding to posts about it..

Deadlytruth:

Just seeing this. So sorry for not responding quickly. I was on a journey throughout Friday and again for a substantial part of yesterday hence couldn't even come around during the active moments. As for IEI, I am afraid of discussing it too much here for fear of MH label, and that explains why I somehow became reluctant in responding to posts about it. But we however can continue through DM. Please check your email in few minutes from now. Thanks.

iHaveMadeiT2:
The downside is that this IEI is illiquid that if it locks your fund, it may take years for your money to regain freedom

Locotrader:


You spotted a good stock on a track to beat many insurance companies within 5 years.
I have taken position and will still buy more.
Looking at Q1 last year, I believe this year Q1 will surpass it. Take a look at the last Q1 result below.

I will not be surprise to see it on full bid today

Locotrader:


That illiquidity is the reason I like iei.
My stock picks are more of illiquid stocks.
When there is turnaround in a company, people will start looking for it no matter the illiquidity. Still on this illiquidity, when market begins to show justice to a stock because of the impressive numbers, that stock will trade at a very high price.

Deadlytruth:

Exactly. When an illiquid stock's figures are excellent, it is a movement to the moon.

iHaveMadeiT2:
The downside is that this IEI is so illiquid that if it locks your fund, it may take years for your money to regain freedom

yMcy56:
NEM @8
What's pushing NEM? What's the news?
Lots of activities since yesterday.....
Maybe dividend news

INTBREW full bid @4.89

Adinije:
Someone is seriously suppressing the price of UBA. It was trading at 26.50, and boom, it closed at 25.85

yMcy56:

Quite some games playing out in some of these stocks.....

It's a case of the "The more you look, the less you see".....lol

dapix:


Well, lets see if the MPR meeting will lead to another bonanza next week