SonofElElyonRet:


But it's been having lower lows for a while so even if it rallies up by 15% (Which is a lower high as it's also been doing), it's likely to retrace below last low except they come up with some good news. I bought at around 40k. Hope I'm wrong

megawealth01:


I don't recommend insurance stocks anyways

mikeapollo:


Oando delisting would be more controversial and would likely trigger stricter conditions and oversight from SEC. Ardova and MRS had been paying dividends consistently. Oando has not in the almost 10 years, hence all eyes would be on them.
I think the SEC would not let them go scot free. Remember the SEC only had to lift their sanctions on Oando after some protracted battle and compromise negotiations. Oando would not be allowed to delist without meeting some reasonable conditions.
Fortunately, SEC has proved itself In rejecting and refusing some companies from delisting in recent times
Oando can still delist eventually, but the price would be higher than the offer price and current market price..

KayOn1:


Just like you are not ready to sell lower than your purchase price, most people are like that too. Going back the last 12 months, 90% or more that bought the stock bought above 31k. If you are in a hurry to sell, you can sell on the floor or I will do a cross deal at 31k.

** If I may ask - How long have you been holding the stock & what's the maximum percentage loss you are willing to accept to be cut loose from the stock? That way I know if it's something I can stomach and we can move forward with the deal assuming you are ready to deal.

** DD advised. I will say no more.
My 2 cents.

KayOn1:


Just like you are not ready to sell lower than your purchase price, most people are like that too. Going back the last 12 months, 90% or more that bought the stock bought above 31k. If you are in a hurry to sell, you can sell on the floor or I will do a cross deal at 31k.

** If I may ask - How long have you been holding the stock & what's the maximum percentage loss you are willing to accept to be cut loose from the stock? That way I know if it's something I can stomach and we can move forward with the deal assuming you are ready to deal.

** DD advised. I will say no more.
My 2 cents.

SonofElElyonRet:


Looks like it's heading sub 30k. No wahala. I will buy to Naira cost average if it does

SonofElElyonRet:


Never told you I want to sell.... check earlier comment where I said if it goes lower than 30k I will buy more to Naira cost average.... check the bolded to see your own contradiction... too much of commenting on everything is bad

p.s. you've never heard of panic selling when people sell at a loss due to fear of price crash?

KayOn1:


Sorry no vex. I was just suggesting possible options you have.
However, You didn't answer my question. If you were to panic sell, at what percentage loss, will that thought kick in?

SonofElElyonRet:


I'm buying and holding all stocks medium to long term... ever since I sold 2.5 mllion units of Transcorp at N1 to later see it shoot up astronomically, I've stopped thinking short term. No panic selling for me

SonofElElyonRet:


I'm buying and holding all stocks medium to long term... ever since I sold 2.5 mllion units of Transcorp at N1 to later see it shoot up astronomically, I've stopped thinking short term. No panic selling for me

mikeapollo:


Oando delisting would be more controversial and would likely trigger stricter conditions and oversight from SEC. Ardova and MRS had been paying dividends consistently. Oando has not in the almost 10 years, hence all eyes would be on them.
I think the SEC would not let them go scot free. Remember the SEC only had to lift their sanctions on Oando after some protracted battle and compromise negotiations. Oando would not be allowed to delist without meeting some reasonable conditions.
Fortunately, SEC has proved itself In rejecting and refusing some companies from delisting in recent times
Oando can still delist eventually, but the price would be higher than the offer price and current market price..

SonofElElyonRet:


I'm buying and holding all stocks medium to long term... ever since I sold 2.5 mllion units of Transcorp at N1 to later see it shoot up astronomically, I've stopped thinking short term. No panic selling for me

Quitmast:

If I may ask, what was your average entry price in Transcorp before you sold it?

megawealth01:


I don't recommend insurance stocks anyways

megawealth01:
If you are willing to HOLD any insurance stock for long-term then HOLD REGENCY... Time will reveal more but by then na FULL BID maybe endlessly... And less I forget... Add VITAFOAM and ACCESS BANK for long term anyways

Don't ask me any question about REGENCY as I don't like talking about insurance stocks...

KarlTom:
Jaiz

egojeny1:

Pls did Jaiz bank declare any dividend at all for last year?

ndept:
4 kobo was recommended for payment for 2023 financial year. To be approved at the next AGM

KarlTom:
Jaiz

ndept:
4 kobo was recommended for payment for 2023 financial year. To be approved at the next AGM

KayOn1:
Transcorp @11. Ok!

OBAGADAFFI:
I think today is MPC meeting

Olaide1295:
Torn between Bonds and equities.
Bonds at 20% is looking really juicy. But this looks like a good time to get into some stocks.
What are you buying/investing in now?

mikeapollo:


If you have huge capital, investing in bonds makes sense.
Fir instance, I intend to use my cash out by buy government securities, (especially treasury bills) and use the upfront interest received to invest in real estates. But this can only make sense with huge sums of money. Otherwise, equities might be a better way to build wealth through capital appreciation of the stocks.

OBAGADAFFI:
I think today is MPC meeting