₦airaland Forum

FatherOF2:
@ Prince11

 I dey . Only i no go dey available small for some very strong business reasons.

@ Wasky- Waja

  I dey come. I go give you info. No fear at all. N40m no be money. I know my personal networth i dey trade am weekly, [size=15pt]HIGH BP [/size] no worry me for almost 5 years.
 All d people when don make 3000% profit ,ask them how much them put inside,because of fear na N290,000 them put inside.
 IF YOU CANNOT AFFORD TO MAKE A LOSS, YOU CANNOT AFFORD TO MAKE A PROFIT IN THE NSE.
 Call your bank manager make e add N10m join am sef.
 That's chicken change. I have seen someone trade 3 times that on intercontinental in a day.
 I DEY COME. Just need to go urgently.
When did you say the loan will be ready again?.I'll check the thread on that day.

softly softly. it goes without saying that we all invest in the NSE knowing its a risk. softly softly.
blanket statements are dangerous and frankly easy to make.
we all agree it is a BIG risk being taken by Mr 40m but as its been said time and time again previously, na im money and we all have different risk appetites based on our personalities. Mr 40m obviosly has big liver and its not fair to knock the fellas who put in N290,000 and made 3000%, that na the risk dem fit stomach. it doesn't mean they are any less of risk takers or investors.

i've made my position clear on P.Os - since i've been vaccinated against them, i am now immune and will even take a booster dose in a few months lest i am bitten by the P.O bug down the line.

what a big waste of time and more importantly, money!! investors aren't being protected enough in the nigerian market i dont think.

@wanajo

been loading uba from last week   , hence my analysis that i posted a few days ago. nice one bros!

oceanic is another candidate as well from the looks of it.

@cheexy

depends on what u set as an exit price. sounds like u've exceeded ur expectations. u already have at least a 2 bagger with this one if u sell on monday.

ask urself, why do i want to sell? is it cuz i've hit/exceeded my target or to raise capital to move to juicier stock? why?
the answer u come up with should help in making the final decision.

hope this is helpful

WASKY-WAJA:
as it is after haven taken care of interest upfront , the 40M (cash)is now at his disposal to use as he wants. with this type of money he can create scarsity wich can drive price up!  stock business is a game of volume! with good CICO he can make 70% in 6 months

chei! chei! chei! see power play. but 40m creating scarcity will greatly depend on which stock u buy. it won't really dent companies with billions of shares on issue.

wow see business plan! talk about leverage.

@wanajo

and it has been fairly valued for more than 6months.

the market continues to delay in valuing it at its right price. I am afraid this plan is dangerous and as u've said, a risk not worth taking

@ waja

  the guy could have just used the N8m 21% Iinterest to invest but well sha, na im money. as i said i wish him all the best. i'm afraid i can't make any recommendations as the market is too unpredictable and the sums involved frankly cut my liver, ie OPM.

@ waja

in response to ur post about his successes, i see u didnt post any of his failures .

@wisky waja

not to be a party pooper man but looking at ur friend's stategy, there are some things i'd like to point out:
these companies may look good but one never knows how long the market will take to realise this, that's why the investment process is advised for long term periods. it may be true that the company has posted good results but it's not necessarily true that the market will rally cuz many times the good result has been factored into the price due to the market's anticipation of a good result. See, the market doesn't work after the fact, ie to paraphrase FOF2 et pumping, "na die to stand in front of moving train". i'm sure as an obvious silent reader, u must have read comments about "hiding in the bush" for a particular stock. all that means is u way-lay a stock and require patience to make a profit. Now ur waiting period is anyone's guess, it could be 1 month or 1 year, case in point - diamond bank, good fundamentals but dragging to rise to its potential so far.

Moral of the story: In my humble opinion, this is a risk a bit too high for my taste but i guess ur friend   is a calculating man and knows what he's doing. i wish him the best.

nuff said

in the spirit of being ur brother's keeper, to the fella whose friend is about to get a N40m loan to invest in the NSE:

NOT FOR 6MONTHS. reason: timeframe too short. unless u are bigboylarry and have a crystal ball,
u can only make calculated guesses which still can be wrong.

recipe for heartattack really. any loan taken to invest is a risk let alone 40big ones.

question: has he ever traded any stock before, from ur statement it doesnt sound like it meaning he will probably be relying on hear say, instinct, buying what's rising in price, what's popular, etc or worse still, on a broker without much research himself

danger, danger, danger!!!

@SAMSTONE

thanks bro. i have no intention of going into the LSE or NYSE or any other stock exchange outsid eof nigeria, at least for now and the foreseeable future

my sis wendy

he is well and as i told roughcut earlier we await the physical manifestation of the spiritual truth in jesus name.

i will surely give the testimony on nairaland, trust me.

faketan:
Please windywendy, AKT etc,

make una help me talk for the question above. I sabi say Sping get K-feet before.

Please can I got into any of those now? Should I wait?

WAIT!. deap is coming to the primary market soon if u believe what they themselve have said but easimoni is the resource u need on deap sha.

spring - no info to share, dont follow them. sorry

afamako:
@Aktopgun
All you need to do is call any of the brokers here and open an trading account. You can transfer money online to and from your bank account to fund your trades. Trades here were T+5 when I used to trade here so if you are lucky, you can make money without putting in a penny.

What I don't like about LSE (and why I stopped) is that there are no limits to the price movements on a daily basis which was too risky for me. I bin fear hypertension so I run go Gidi.

got any contacts of brokers who can take on an individual investor who doesnt yet have the pockets of rockefeller?

would appreciate it.

@roughcut

bros, i tire jare. this one is from 18th dec, interim dividend. its intercontinental registrars.

anyone got their phone number?

eniyanman:
@dollyp1cute,
there are still opportunities on the LSE (for starters the dealing costs are lower). In the last week, I've made about 10% on Mothercare. Of course the volatily isn't as high compared to NSE but then I don't want to be glue to the company checking stock prices.

could u tell me the process of trading on the LSE bruvs, most brokers i've talked to here in london deal in heavy bucks which i'm sure u've got . so how do the up and coming get into the LSE as individual investors, the whole shibang if u please.

i know about uba but i am talking about intercontinental from 18th dec and we never even hear from them and the broker dey tell me say "na naija we dey". its this kind of attitude that i don't appreciate about my fellow nigerians sometimes.

can he call the broker to confirm the sending of the dividend?

@ all

is it possible to contact registrars if u are yet to get ur dividend cheques?

i am referring to intercontinental and uba dividends. my broker is giving me a load of bull

blest:
@F02

BROS TO GET UR ATTENTION HARD NO BE SMALL.

I ORDERED FOR OCEANIC TODAY AND IF I NO GET BUY I DEY NAIJA COME FIND YOU FOR ANNOUNCING IT YESTERDAY OH!!! 

Meanwhile this access bank thing don tire me oh.Even with 9 month result its still struggling.I beg answer  me make i no vex oh

ma im be say u go come find me, easimoni and pumping who announced it last week be dat, chei, wey my shakabula!!

MyPeace:
@Wanaj0

Do you know if any  Investor took larger percentage of Japaul off?  l'm begining to wonder how that onw will look like too

if i may mypeace, last i heard, some investors wanted to corner the japaul offer but the company resisted.

hope they don't go the way of these other P.Os

hbrednic:
as a newbie,wkl trading can be dangerous to your heart.
stay long term until you learn the market enough.just my 2cents.

took the words out of my mouth

@samstone

yeah. i corrected the mistake earlier. i say again, it was an annual dividend of N1.20 that uba paid me!!  

hbrednic:
teaming up for maximum gain is the only uption.NAIRALANDERS INVEST.
if we can join together to raise N1billion ,na we go the move the market,
imagine what it will do to the share price of any ins.coy.
our gain will only be pump and dump.

advocating anarchy now are we bruvs  

only kidding. just wish SEC could tighten our controls and remember to place the investors first so we stop having the likes of the omoyeni saga and all this crap with P.Os.

glad we haven't yet experienced stuff like what happened with bearns bank and now Soc. generale in Naija yet but if it continues like this we won't be far behind, God forbid!!

as i said many a long day ago, oyinbo too dey steal and even their advanced systems still fail, how much more when even joe bloggs on the street in lagos can outsmart our stock market controls because he has a heavy wallet

make una come oh, who be the people who dey do 849 deals on Japaul ehn? show urselves .

kai, i no go laugh tire for this NSE ,anyway more grease to una elbow. abi no be money we dey talk, enjoy fellas

@hrebnic

it will come soon and u'all will be the third to know after me and my wife!  

cashcraft has Afribank at N26.65

@hbrednic

. u too vex!!
abeg make i no choke o, i dey chop!!

@eniyanman

hispy is right, i just checked the report. ur calculations were spot on then. bottom line its a good company to buy if u can stomach the cavalier reputation of the MD

@teehay

as i said in a post yesterdAY, AS FOR ME AND MY HOUSE WE WERE DONE WITH P/Os WITH 2007. WE HAVE TAKEN ANTI P/O VACCINATIONS AND ARE DUE FOR BOOSTER DOSES SOON.

good riddance to bad rubbish!! these guys are jokers bruvs

@ty
blessed is he that believes without seeing

@roughcut

thanks man, i believe it too. i am carrying him with one hand and typing this. he is fine. we await the physical manifestation of the spiritual reality in jesus name.

seems u've been real busy counnting ur dosh lately, u rarely post up now. u're becoming one of the dreaded deep  pocket silent readers    

@eninyanman

dividend yield is calculated as i'm sure u know by dividing annualized dividend per share by price per share and multiplying by 100 to get a percentage.

uba just paid a dividend of N1.20 per share. annualizing that gives N4.80 for the year. N4.80/50 (yesterday's price) multiplied by 100 gives 9.6%

hope this helps  

@hispy



uba is 49.62
afribank is 26.3

if u believe trw-stockbrokers that is