₦airaland Forum

What is happening to Champion ni. Nobody wants to sell again

KarlTom:
No vex.
Na daily rally I dey mention...

But it didn't rally today na

ololufemi:
😂 😂 🤦🏽‍♂️ 🤦🏽‍♂️

In this market, anything is possible.

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chimex38:
With Ositadinma's Formula,
Where you inputed 0.01 shld be 1.01.

1+(1/100)=
(1+0.01)=
1.01.
Probably an oversight we all make.

You are absolutely correct. That was the missing piece. It was an oversight.

Thank u

ositadima1:
My dear, you will need a lot more units to come close; you will need about 1.6 million units to average down to 11.5 . Check your calculations or use Excel.

Gimme excel formula biko

ositadima1:
My dear, you will need a lot more units to come close; you will need about 1.6 million units to average down to 11.5 . Check your calculations or use Excel.

Aaaarrrh

ositadima1:
Given:
ANS = Additional Number of Shares needed to break even
CNS = Current Number of Shares
OP = Old Share Price (your initial purchase price)
CP = Current Share Price

Formula:
ANS = CNS × [OP − CP × (1 + 1%)] / [CP × 1%]

This formula calculates the additional number of shares you need to buy to get as close to break-even as possible.

Note ; The percentage (1% in this case in the numerator and denominator) used to adjust the current price can be varied. A smaller percentage will get you closer to the current price, but keep in mind that achieving the exact break-even point would theoretically require an infinite number of additional shares due to diminishing returns as you get closer to the break-even point.

This is not advanced mathematics; it is just simple algebra. Try it out and let me know if it works for you. To confirm if you are correct, add your total previous investment (Current Number of Shares times Old Share Price) to the new calculated Additional Number of Shares needed to break even times the Current Share Price. Then, divide by the sum of the Additional Number of Shares needed to break even and the Current Number of Shares to get your BE. Bear in mind that I didn't add charges to avoid overcomplicating the formula with too many terms.

I hope you still remember BODMAS

Both your formula and his formula got me the same answer but 17k shares cannot breakeven.

Mankind2024:
My humble advice: avoid selling UCAP at a loss, as you may be falling victim to the phenomenon known as the allure of dividends. UCAP is a profitable company and a growth stock. I suggest averaging down whenever the opportunity arises. Use the averaging formula: (Total cost price - Total current value) ÷ Current market price = Number of units to buy to keep your holdings in the green. Remember one of the fundamental rules of equity investing: "Never sell at a loss"
Nothing has changed in the underlying fundamentals; only the current market price is succumbing to the law of gravity.

I tried this calculation but it didn't put the stock on green.

Agbalowomeri:
Ahh na the TA people go fit give us signal o

@BullBearMKT, abeg come and put mouth

Biko what is the Fair of DS & NS

Agbalowomeri:
Contagion 😂
Meat has arrived for the TA gurus

Is it a buy now?

Agbalowomeri:
Person dey return home, you wan stop am for road? No place like home biko😂

It's already at 52 weeks low. What I don't understand is, People who are selling now at #30, why didn't they sell earlier at higher price

When NASCON go take a break from fall.

Seems there is no end in sight for the decline of DS/NS

Nigerians are the problems of Nigeria. Sad

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foodspark:
It seems like there might be a confusion or typo in your question. There's no such thing as a "Barbara nut" that is widely known for its health benefits. However, if you meant "Brazil nut," which is a common nut, here are its health benefits:

1. **Rich in Selenium**: Brazil nuts are one of the richest food sources of selenium, a mineral essential for thyroid function, immune system health, and antioxidant defense.

2. **Heart Health**: They contain healthy fats, including omega-3 fatty acids, which can help reduce inflammation and improve heart health.

3. **Antioxidants**: Brazil nuts are rich in antioxidants such as vitamin E, which helps combat oxidative stress and reduce the risk of chronic diseases.

4. **Brain Function**: The selenium and other nutrients in Brazil nuts may support cognitive function and protect against cognitive decline.

5. **Mineral Content**: They are a good source of magnesium, phosphorus, and potassium, which are important for bone health, nerve function, and muscle function.

6. **Supports Immune System**: Selenium is known for its role in immune function, [https://www.foodspark.io/api/zomato/]helping [/url]the body fight off infections and illnesses.

To enjoy these benefits, it's important to consume Brazil nuts in moderation due to their high selenium content, which can be harmful in excessive amounts. Just one or two nuts per day can provide enough selenium without overdoing it.

I assume he meant Bambara nut which is Okpa

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BH: 74%
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16gb ddr4 ram
30k


256gb nvme m.2 ssd
20k


8gb ddr4 ram x5
15k


128gb 2.5 inches SATA SSD
10k


Brand new 16gb flash drive
3k

❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️

Airpod 2 Case
20k


Brand new Google Pixel 5 battery
20k

16gb ddr4 ram
30k


256gb nvme m.2 ssd
20k


8gb ddr4 ram x5
15k


128gb 2.5 inches SATA SSD
10k


Brand new 16gb flash drive
3k

❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️

Airpod 2 Case
20k


Brand new Google Pixel 5 battery
20k

IPhone 13 128gb Midnight FU
Minor scratch on the edge
BH: 82%
500k


IPhone XR 128gb FU x3
BH: 82%, 82%, 80%
250k


IPhone 11 64gb Black FU
Not so clean
BH: 74%
250k


❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️

adunola03:
Does anyone know why stanbic Ibtc is yet to remit interest on MMMF for Q2. I got an email saying they would be remitted by 5/7/24 but still haven't gotten my interest yet.

I am also yet to receive mine. I sent an email but no response

bovali:
https://trade.investnow.ng/customers/ - for trading

Investing.com - Analysis (This cost me 3,500 Naira a month). Cause it’s a fast way to get some information I need.

https://ngxgroup.com/ - For corporate actions, disclosures, financial statements etc

Pls, how did u do the 3500 subscription? My owning is showing $13 monthly

Clearance Sales!!!


16gb ddr4 ram
25k


8gb ddr4 ram x5
60k for all


128gb 2.5 inches SATA SSD
10k


Brand new 16gb flash drive
3k


Airpod 2 Case
20k


Brand new Google Pixel 5 battery
20k

Clearance Sales!!!


16gb ddr4 ram
25k


8gb ddr4 ram x5
60k for all


128gb 2.5 inches SATA SSD
10k


Brand new 16gb flash drive
3k


Airpod 2 Case
20k


Brand new Google Pixel 5 battery
20k[/quote]

Clearance Sales!!!


16gb ddr4 ram
25k


8gb ddr4 ram x5
60k for all


128gb 2.5 inches SATA SSD
10k


Brand new 16gb flash drive
3k

❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️

Airpod 2 Case
20k


Brand new Google Pixel 5 battery
20k

Skyfornia:
I don't believe this thing jare...it will definitely show when it's turned inside nylon. Unless the buyer na ozuo..

I have seen it twice. Trust me, you won't know except u peer into the container

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