₦airaland Forum

ukay2:
Be careful with penny stocks too....

Sure bro. I do my personal findings before I buy!

Check this
HLTH got it 0.38 your DD!

Check this stock.
TSHA. I entered at 0.65$

Lexusgs430:
According to some analyst........

Bro. Thanks for the info, they might be right or wrong but for me am holding that stock to my target level. I have a personal assessment of stocks which I set, I may be wrong or right but that stock to me will move higher than where they predicted it will get to. So am a long time holder. I discovered the stock late so I entered late at 1.74$ it got to 2$ before pulling back for GAN and 0.94 for FIXX.

Lexusgs430:
Also recommended by some analyst........

Nice one bro. I just do personal findings and I have some criteria I look for in a stock once it meets that criteria I jumped in. The stock can hit $10 before the year runs out. Another one that will blow mind is GAN. Another one is FIXX I told my friends yesterday that it would hit 1$ yesterday and if it hit it bye Janet be that I got in at 0.94 it closed at 1.09 hoping to hold till 8$ it was FIXX and RBT that rescued my little portfolio.

RBT mad oo gaining 27% even as market dull. Closed at 33.08%

For those of us wt small capital, consider growth health stock. U will be glad u did

henrimoto:
....please, what's the full name of the stock.... it's not on bamboo

Hey sorry is like is RBT and not RTB

henrimoto:
....please, what's the full name of the stock.... it's not on bamboo

Is there Rubicon Technology, currently doing 6%+

sgtponzihater1:
We make do with what we have for now. Better platforms will come. Some guys started this foreign stock business 4-5 years ago, but I was playing local. Its all good though

Same here but all the same we shall look back and have reasons to say thank you Jesus by God grace.

For those who still wants to do canabis stock check IMCC.

henrimoto:
Oga Aremso, abeg, which stock is that ? Make i follow monitor the stock. I know say e go dey on Bamboo.

Na growth stocks I dey buy ooo I don't go for high cap once I check my own criteria and it falls in what I want I go for it. Is RTB. It pulled back yesterday but I think it would move. But your DD is required! I think is currently doing +10%

sgtponzihater1:
The fees are super high compared to what obtains in other countries. Maybe soon a platform will come to bail people out.
You pay less than 0.3 percent per year on platform fee on vanguard, and dodl, but these Naija fintech charge you that same amount per transaction. I almost considered opening a competition, but my crude survey showed many Nigerians do not even care about fees and prices. It's like the more they pay the more they feel rich. So might be bad business.

Bro. If we have competitors honestly some one like me will port to such but since we don't have then we make do with what we have on ground. I was telling a friend if I make 2k net profit after their charges am still super ok, to me is a win win in the long run considering the present state of our currency. Il

Elsueno:
Wetin u dey talk? Am just pissed off d so called local apps are fleecing my hard earned $, if not outrageous $1 to $0.5 commission on each trade, it's $1 maintaince fee! Some shameless ones collect even both fees, So either u do very large transactions or watch them sypon d money slowly.....

By d way, wat da u think we dey spend for 9ja? No be naira? Even if u get $$ or stocks U most convert am back to naira to spend for market

2 parell lines that can't meet. If I make 1k dollars gain convert it to Naija at 826/1$ do the calculations yourself to when u make 1k gain in a local stock. I got quarterly dividend of $0.15 by 4 that is $0.60 covert it to naira at 826/1$ no company can pay such in naira not even Nestle. We are talking of purchasing power here and not mare conversion to naira

sgtponzihater1:
Always inspiring. I'm glad I keyed into the international stock market. I feel kind of embarrassed that I knew nothing about the international market till last year. But it's better to start than do nothing.

Yes ooo so painful I started late too but thank God is not too late, the current sun shining can still dry clothes. I entered in 2021 but wt misinformation I got I kind of back down but I came back fully after my series of questions and enquiry I came back fully June 28 and thank God am happy I did. Even in less than a Month my small money has given return of 12%. I was just thinking if one invest $5k in 2yrs by God grace one can turn it to 100k and if dollar is 1000/1$ then that is 100m in naira. I bought a stock yesterday it did 50% during trading only to settle at 38% profit taking on it today that is expected but am holding to my target

Elsueno:

Lmao, most of this Nigerian U.S trading apps are crazy expensive....U can use foreign app for years with little commission to non at all for years...but 9ja own, small thing crazy commission, some with even something call maintenance fee like d thieving banks.... metchew, make i just concentrate on NSE & gold jare!

Bro I just dey laugh u, time will surely tell. With naira going to 1000/1$ it won't be long that u realize that what you are holding is paper and not money.

henrimoto:
Thank you for this...any other cannabis stock to look out for ?

Edited: Other cannabis stocks - ACB, TLRY, SNDL

Am not really bothered about other Cannabis stock again. Consider Health sector too, I love that sector many under value stocks there. One thing is a stock can have major break through in their pipeline research and send the stock to 150% in a trade. I bought ATAI at 1.70 and is currently at 2.02. I prefer health and technology sector most then few manufacturing. A friend bought one health stock made 700% on it

henrimoto:
Pls. Can anyone explain part of this financial statement to me.

The net profit part indicates a (-) sign before the figure. Does this mean LOSS or is it that they are paying off a loan debt ?

This is why I ask: the expenses for the period is less than the revenue
Cc: aremso

They have loan that all of them are servicing including Tilray. CGC acquired a major stake in a US company in readiness for Market penetration in the US in case the legalization scale through so they spent alot of money in that stuff. They are also selling some of their assets to offset the loans and also cutting down their cost.

henrimoto:
True! It will still go up again. But, is there any move recently by the US federal legislative Arm to fully support Hemp ? I mean at the
federal level.

Yes a senator is trying to push the bill and about 20+ state has legalize the use in the US so just waiting for federal legalization.

henrimoto:
Oga Aremso, CGC You have any idea why the price just fall like that....from 60+ to 30+...?

Bro. Have been searching for news oooo I don't know why it fell like that have been searching for news since yesterday and have not seen anyone. Over 183m shares traded yet the stock still fell over 40% it has dealt with my portfolio. Is good to diversify well thanks to some that gain around 18% in my portfolio yesterday. Am still searching for the news that caused the fall. But am still holding it will start to inch up again next week I believe.

Check these

LTC
NEGG

I mentioned a stock here a while a go I saw it as a potential growth stock but one of my oga here said why should consider such a stock and honestly I listened and I didn't touch the stock but it did 60% gain yesterday on the news of partnership. He was right though what of if it goes south, the stock is NKLA but in all investment is all about taking risk. May we all succeed in Jesus name.

Diogo2019:
Good morning all

Please for someone in nigeria, which platform do you advise the person to trade or invest in foreign stock with.

Thanks

I currently use bamboo but I think gurus in the house will suggest more better options

yok:
GLOBAL MARKET IS FANTASTIC THAT IS UF YOU KNOW SOME TECHNICAL ANALYSIS
Today I was happy to take a loss on YANG, and immediately I ported to YINN.

This shows that relying on our technical indicators is the best gift we can give to ourself. I was late in entering YANG, but this YINN, we see how it play out. Somehow. I exited EGLX too with just 3% profit? So low, but I thank my broker for low commission, 0.5% in and 0.5% out flat. Commission not that bad, at least we want our brokers to survive, so that they can serve us for long!!!

Weldone bro. Am on 13% but am holding to my exit level.

Alaska90:
Thanks Bro... Yes you can always send me even the ones that are not on bamboo cos I am using a foreign platform

Check these
FIXX
TSHA
TUP

Alaska90:
Thanks Bro... Yes you can always send me even the ones that are not on bamboo cos I am using a foreign platform

Oh OK

Alaska90:
Thanks Bro ... Please I am just starting and I am looking for few growth good stocks to start with. Please can you recommend few ones for me to start with?

There many of them bulk are not on bamboo but am currently holding:
ATER
ATAI
GWH
GAN
CGC
EGLX
Tilray will be added
Pls your DD applies.

yok:
PLAYING IN THIS MARKET WITHOUT A GUIDE CAN BE RISKY

A good indicator can tell you what the big money are doing behind the scene. The news we often see is only what the big money want the public to see.

Today we are waiting for inflation report, but a fairly reliable source has already given the verdict as shown below.

My take is this: this information has been communicated to the paying subscribers of the source probably weeks ago (do you know that Warren Buffet has a Satellite news subscription service, you can google what is satellite news subscription service (it is not your satellite TV service that we all know, it is a special service for big money that delivers a report like CPI figures about 60 seconds before the government gets the information into the public domain, again the subscribers use it to make another 0.5% on their 5million, subscription for this is about $1000 per month minimum)!!!

But let us see if they will be right. However, whether right or wrong, it is irrelevant to the subscribers (they don't trade the news the way we do, big money has already used the report and profited from it? How, all that big money needs (basically the institutions) is just anything above 0.5% move in a stock for 1 day, for this people .05% ( on 5million) is 25,000 that is all, they are out. so for most rally we had yesterday the people with this information have sold already by yesterday. They will start buying again after the actual CPI is out (they still get the actual figures before the public that is why the funds will tell the public not to trade the news or trade before a big new, they have the nearly accurate forecast and the first to get the actual), so simple.

So, we should have it behind our mind that the news you are calling news, is no news to big money. It is already stale news.

Ponder over this. This is the reason you will need your own indicators, and the more is is optimised for your personal preference the better.

So, I believe we should know what to expect from CPI today and that the bull is most likely to continue after the report.

Good luck to all. Note our EGLX trade should start to show profit as at now (after the shakeout)

Thanks bro love your passion can't wait for my portfolio to shine like yours

ImperialCovfefe:
Curious about how Government show you shege?

Bro devaluation no be shege? How much was dollar before how much is it now? My first us stock bought on bamboo was around 560/1$ and I know my purchasing power then now how much is dollar to naira now? I bought my tooth paste at 700 naira last month and this month is 880. Which shege pass that one?

Guys don't ignore canabis stock. US can legalize it, there have been volumes on the good ones since last 2 weeks.

Don't ignore these

CGC
TILRAY

They can do $60/100 if legalizations bill scale through pls don't ignore.

CGC currently doing 21% gain

May God bless the person that opened this thread, naija stocks has always been my favorite until government show me shege turned my small money wey i dey manage to papers. Though have been having sleepless nights researching on good and promising growth stocks but in all it worth. 1 naira gain on naija stock is 1naira and 1$ gain on foreign stock is #780 the difference is wide like an ocean. God bless the person again.