MAITEMA:



Me a paid agent? I can’t stop laughing. You have no idea what I have been through. I got wiped out of millions of Naira on Oceanic Bank (peanuts given as Ecobank shares) and lost all on Bank PHB. [b]When you invest and lose learn to take your loss and not come crying in a public forum like a baby. If Transcorp was selling for N100 today would you come and tell us how much you are worth?

I never bought Transcorp anyway because I didn’t see potential from the onset, but now with the Power Sector contract, I bet there is light at the end of the tunnel. The power sector looks like the next Telecoms sector.[/b]

bigass: i bought 80000 units at 7.5 with 600k. it went down. i stayed till 0.50k i bought 2million units with 1million Naira my total shares when to 2080000units in Transcorp. i sold all at btw 1.80-1.95Naira in 2011. i got 3.8million. i entered at back at 1.40k,bought 3million units. i am yet to sell them. Chritsmas will be good.

bigass: i bought 80000 units at 7.5 with 600k. it went down. i stayed till 0.50k i bought 2million units with 1million Naira my total shares when to 2080000units in Transcorp. i sold all at btw 1.80-1.95Naira in 2011. i got 3.8million. with 1.1million investment. i entered at back at 1.40k,bought 3million units. i am yet to sell them. Chritsmas will be good.
Tony May the good lord bless you for this bump and dump according to my enlightened Nairalanders

MAITEMA:

You've got yourself a fortune then. With the privatisation of the Power sector and the company now a major player, the sky is your limit. I wish I had an inkling of what was in the offing, I would have bought at least 1million units when it was trading at 50kobo. Another missed opportunity.

def lover:

now dis is wat i want to hear u say.....not dat one is crying but how to make sound investment .........we d seasoned once should help newbies filter news flash and let them know wat dey are going into.......

def lover: dont be fooled my people in investing its called pump and dump.........its a legal way to steal your money.....they take it up and later cash in once your money is in and re-buy it again wen it has dropped ............one question u should ask is wat is transcorp offering apart from d transcorp hiton hotel wey i dey spend my money too on wen i go there....they have no investment ....dey tell u dey are into agriculture, real estate, oil and gas dat dey have lost d oil blocks wen yaradua became president..........so tell me wat are dey into other than to manipulate stocks.....when you understand the game u will see clear......wats the P.E ratio of the stock....let me let u knw dat P.E ration mins d debt:equity of a stock .......meaning how much do they owe d bank and how much asset do they have.....wateva it is if its above 2 it means it will take u 2yrs to double ur money......i am smarter in this game even if i have lost a fortune......i tell u cos i dont want any of u to go tru wat i went tru......

hisblud: hi did you check my post? Pls consider it.

Elliotwiz1: The rich are getting richer and the poor getting poorer.

emmanuel ewumi:

Do not say what you are not sure of.

Elliotwiz1: The rich are getting richer and the poor getting poorer.

Promhize:

Nawa for you o! Did you even read the article, didn't you see where it said they acquired a power plant due to privatisation by FG.

def lover:


another cheap lie you were sold......stocks is not for long term its for cash flow......as long as its not bringing in cash flow den its trash

def lover:

my sister u did well cos u hard some other money u used to buy.....alot of people used their last card.....i wont call dis lucky cos everyone knows dat 50 kobo is the level any stock can reach even wen its wit C.A.C.......

u went back in to cover ur loss its called hedging.....
i salute u for ur boldness and sound financial knowledge but truth me.....people committed suicide .....turned drunks and broken homes happened.....i lost my former life....no movies....no staying in the pubs....no vacations.....no plane flights....no weekend getaways.....no random gals sampling.....lol the bes t part

but all in all i am here.....love to meet a female investor .....dey are sexy

Promhize:

Bro seriously stop ranting, sorry for ur loss tho.
How can you say stock is not for longterm, no wonder you lost money.

Even the US you are shouting about people have lost millions on sure stocks (haven't u heard about the dotcom era, google it).

Stop misleading people.

MAITEMA:


You lack investment and entrepreneurial gutsy. You panicked and sold your Transcorp shares at N1.50k as a result of (paper) loss. Investors are not supposed to panic especially when shares go below purchase price, when you do, your loss actually crystallises. It is paper loss when you still hold your shares in view of future appreciation. This is exactly what happened in this case.

Anyway, Transcorp has skyrocketed and is not even available in the market for purchase. This is a result of the Power contract they got from PHCN privatisation by the Federal Government. They have bought the Ughelli power plant and there is now huge potential for profitability for the company in the coming years.

Learn from your mistakes and don't rant like a clueless toddler.

bigass: i bought 80000 units at 7.5 with 600k. it went down. i stayed till 0.50k i bought 2million units with 1million Naira my total shares when to 2080000units in Transcorp. i sold all at btw 1.80-1.95Naira in 2011. i got 3.8million. with 1.6million investment. i entered at back at 1.40k,bought 3million units. i am yet to sell them. Chritsmas will be good.
Tony May the good lord bless you for this bump and dump according to my enlightened Nairalanders

def lover:

in bizness and investing its all about cashflow.....the term long term is relative to ones definition.....wat u call long term to me maybe one week ....one month....1hr .....5mins.....it all depends on the cashflow i want to see....the issue here is words and how u define ur words.....to me long term now mins 5mins or even 1hr.....wat matters is cashflow.....is it making me money.....there is a saying in wall street....show me the money....not how long you hold a stock....besides i have being screaming control.....if u know how to define ur words u will know wat control means.....if u want to stay for ever which is gambling how will u knw wat next will happen by February next year when the next US govt short down will occur.......you think it doesnt affect us....my brother it does.....Dow jones is the main primary market and all other markets are the secondary markets.....once the Dow jones sneezes the effect is felt all over the world.....so if you must invest u must kwon how to define investing terms like LONG TERM....Short term.....flipping......hedging ........stop loss.....P.E ratio.....

all profession has a language .....d more you know them the better you will be able to invest better

Promhize:

Don't mind the guy and he's calling himself an investor.

Promhize:

Goodluck with your investment, I can see where it has gotten you to.

def lover:


oh my you dont say.....alot of people have asked me to start a blog ......i dont knw wat to do.....i fear if people will be interested in what i write....i am not the conventional writer but wow i think i will start a blog .......but will people follow me.. ..i dont know....people are more concerned about sports,weather, fashion trend... ..will they like to know where their money goes.. ....hmmmmm right now i have an audition for monday on the knoor taste quest.... .....yes i cook so well....and i am preparing for it....

but if you all wat me to write.........who am i to say no.....so i will open a blog but u will help me to show me the ropes on how to start one ok

if you do then i will write all you want to know about

crackhaus: I think those figures may just have been hyper-inflated. I mean come on, over $120m appreciation in less than one month?
One has to see the sheets to be certain, not that they will show anyone.

Regardless though , Tony Elumelu has always been a shrewd business man.

lancee: Now ..5.89k

akpos4uall:

Check this out. As far as the value of the shares be right now, no be lie o

hisblud: will be glad to learn, the issue of forex too will be also welcome. You see you could do it wit the nigerian background and wit that am sure you would have a lot of followership

kolidave: wowww!!!! Really?!!!!!!!! This is good!!! Ma money grows like grass!!!! Happy me!!! Time to strategize wen to sell...

Elliotwiz1: The rich are getting richer and the poor getting poorer.

miky: am sure most nairalanders who get a million would only think of leaving for europe or america!!

hisblud: hi did you check my post? Pls consider it.

Promhize:

Dude, if you want to go into investment go and read books on investment, use google, their are a lot of materials available.

read Benjamin Graham's investment anlysis and intelligent investor, don't let someone teach you nonsense. Benjamin Graham was Warren Buffet's teacher so go read his books.

Don't let someone here tell you nonsense because he lost money, there's no sure/certain profitable investments you can only learn, make calculated risks and reduce your chances of loosing money.

I can assure you that guy will lead you nowhere, I told you today.

kolidave: wowww!!!! Really?!!!!!!!! This is good!!! Ma money grows like grass!!!! Happy me!!! Time to strategize wen to sell...

lancee:

Good for you , not ready to sell now .. some investors I know are just picking it up at this price 5.89k .. The stockbroker couldn't meet up with their orders