₦airaland Forum

When is Dangote Refinery be listed?

Yeah, i keyed into VITAFOAM @ 3.9 as per CP hint, though with little fund as he said is not a liquid stock. Also to let both CP & OGG know that i entered ETI, @ 6.7, WAPCO @ 13.65, UACN @ 8.3 & Zenith @ 18.5 while i used my mind to enter Transcorp @ 0.98 as it was not in their recommended stock

I hope i will thank you both later

Cc:
CP
OGG

locodemy:
Cp, compliment of the season.
No one is dragging seat with you.
Your stock picks are superb.

Below is noted with thanks

Valueinvestor:
I think you should just follow what Pa Emma has said or better still hold your cash and do some observation/reading for now.Most stocks have moved for now,so na siddon look we dey.So you might have to wait for another period of high pessimism (bear),so that your margin of safety will be 'tight'.cos it's always better to think of how much you stand to loose,rather than how much you stand to gain.However if you are still compelled to invest in stocks,you may look the way of Dangote cement (at 138), caverton (2.40), cap place (23.15) and Nacho ( 2.33) using limit orders.
Please do your due diligence as am not a financial analyst

Dear OGG, i am an observer in this forum without contribution for sometimes now and i want both you and CP to know that you are both among the respected analysts in this forum. Believe me, am proud to tell my colleagues the strength you are injecting into this forum. But on few instances, have read what can be inferred as rivalry competition. Please, this is not good, it neither add to your values nor helping we that look up to you for guidance, rather makes one to be more confused. Please, engage each other in healthy competitions that will enrich your know how more and beneficial to novices like me.

Good to let you know that my main target is to have fund appreciation that will surpass inflation. I am not in haste to use the fund now. So, all the recommendations that support my target/plan will be duly considered.

Thank you.

onegentleguy:
Playing in the money market or other fixed income streams would've been an advised alternative, but it is not without its own risk. There is NO guarantee that u can even secure ur invested capital(outside returns) should u invest in the money market.
I see ur hunger to derive a better margin from higher yields... and understandably so given that current yields in the FI space have been greatly suppressed by inflation pegs. So going for them would mean a lower value for ur money !!

There are 2 questions to ask:
Do I understand that every investment carries with it, a certain level of risk?
Can I entertain an appreciable level of risk tolerance from playing in the stock market?
If ur answer to both questions are in the affirmative, and u are indeed certain that there won't be a need for the fund in the interim(short term) after investing, then;
Divide the said fund into 5 equal parts and buy into the following;

1) ZENITH
2) ETI
3) UBA
4) WAPCO
and
5) AIICO

The reason for the diversification/spread is to help cushion(where need be) the likely impact of uncertainty that could come with a price drop.
...that said, the likelihood that that may happen with the select 5, is low for now.

Again the select 5 coys were chosen because of their greater chance of return with capital appreciation and feasible fine yield from dividend cashflow return.(except for ETI but still BUY it)

Finally, their current market price creates a better MoS when benchmarked against their present valuation.
Put differntly, buying into them @ their current market price means that the REWARD u can get with a ROI is well ahead of the likely RISK from a loss on investment.(price drop)
To help lower risk points, I'll also advise u buy in trenches with every price drop to within ur comfort zone.
...that way, u can be sure of a better BEP with ur entries and greater chance of ROI margin with ur exits.

However even after u buy/key in, do not go to sleep. STAY AWAKE and be at alert.
...'cause even the very best of an investment can turn sour with an unforseen occurrence.
So it might sometimes be better to look out for opportunities to sell and rebuy where and when necessary to MAXIMIZE ur gains !!
This is where having a do-it-urself kind of brokerage A/C(like Morgancapital, CSL, Meristem etc) comes in handy.

While following up on events surrounding the market(particularly the stocks u hold), u can always ask for more guidance on how to better manage and grow ur portfolio as u progress.

Good luck !!

Of course, i respect all the gurus, that is why i brought my concern to this forum. As you can see both Mr Emmanuelewumi and CP gave me different options that suit different purposes or targets. I appreciate both of them. Thank you also for letting me know more about the gurus.

Umargarr:
When gurus of the forum talked and suggested, they don't repeat themselves, it's either you go by it or to the contrary, what assuarance are you looking for again?

CP, to me you have justified your recommendation and am convinced enough. I hope that the outcome of my decision base on your recommendation will tell me that you were right. Definitely i will revert back to you in due time. Thank you very much.

currentprice:
Hope u know that nothing sure in stock investment unlike your usual fixed.
It easy for me to recommend almost all the stock on nse for u putting u in confusion and come out to brag when one or two stock performing . I have all stock valuation on my bedsheet but I use to recommend one or two stock I think will perform well at the right time. when the stock perform I move to another stock I think will do the next magic.
Wapco look like one of the stock that will shaken the mkt soon, everything about d stock valuation pointing up. Zenith is a good stock o though I pick UBA ahead of zenith but wapco in my own opinion will perform better in the long run than zenith. I like company with cash oxygen wapco fit in this line. Note that earnings is different from cash o. A company may declear positive earnings but have no cash to back it up. Some banking have this kind problem eg fidelity, eti &co
Wapco has been over punish and d reason is clear, I want to believe with Bears alone wapco price might not have falling reach 9 plus, it being punish to that price cos of her back to back negative earnings with no cash the era of negative earnings has gone in my opinion as noticed on their report from Q1 up to recent Q3. Do u notice apart from selling their lost making subsidiary the company will make 30 something billion in savings on financial cost , this alone is about EPs of 1.8 add their earning to this and make forecast of what to expect by year end
The company latest report shows good cash oxygen
this is a good signal if they manage it well.
Paying dividend is not strange to wapco apart from last year which is understandable due to their negative earnings/struggling for cash. I believe they will pay better next year.

As a matter of fact, it is not needed next year atleast. I will appreciate a recommendation of stock with higher probability that the fund appreciation possibly with dividend will be much higher than money market fund/ FD by this time next year because valuation of the fund is done yearly to know where we stand.
Thank you.

emmanuelewumi:
When do you need the money? You can't predict returns from the stock market on the short run.

I suggested money market funds because the fund was initially in fixed deposit.

You see, some people can become fanatical with their stocks if contrary opinions are expressed concerning such stocks because of their perceived impression that such could negatively affect the prices of their annointed stocks.

But if you think you can live and sleep well with the uncertainty in the stock market, you can buy some selected stocks which can be discussed here

Thank you, Mr Emmanuelewumi

emmanuelewumi:
By money market mutual fund, you can still get between 11% and 13%.

Actually, the money is not needed for sometimes to come. I just want money appreciation instead of 11% interest on FD that is dropped to 5.5%. I have been observing, reading and following all the valuable contributions many of you are making on this forum and base on that i know that i will likely get better options from you people.
If wapco is feasible to bring money appreciation later on, i may go for it. I was thinking of Zenith before due to anticipated dividend i assume that may be more than FD annual rate, 5.5%. Kindly throw more light why wapco may be better than Zenith.

Thank you very much for selfless service.

currentprice:
if to say you come around August for advice. i could have ask u to pick either UBA , ACcess or dangote sugar.

if you can hold stock for medium to long time go for wapco and forget it d way you fixed the money .

you will be happy next year

Thank you, well appreciated

Regards to all for very useful lectures am receiving from many of you through this forum. Anyone candid advice is needed this time around to guide me in taking decision on an issue. A particular amount is being kept in fixed deposit for my son's education but due to reduction in MPR by CBN, the investment rate is badly affected and dont want to roll it over any longer. Will appreciate any better option(s) from this group on how to manage the fund.

Cc: OGG, CP, Prof, MCY, Infinitis, Valueinvestor, RabbiDoracle & others

Regards to all for very useful lectures am receiving from many of you through this forum. Anyone candid advice is needed this time around to guide me in taking decision on an issue. A particular amount is being kept in fixed deposit for my son's education but due to reduction in MPR by CBN, the investment rate is badly affected and dont want to roll it over any longer. Will appreciate any better option(s) from this group on how to manage the fund.

Cc: OGG, CP, Prof, MCY, Infinitis, Valueinvestor, RabbiDoracle & others

There is a fulani settlement as boundary to our farm where cashew is inter cropped with cassava. We plan to extend the farm. So, we think of forming partnership with the fulani to buy some calves and keep under their management and at the same time look after our farm and even provide farm manure to our about to acquire new land. Advice is needed if is a good idea and will appreciate if any risk that may likely be involved can be highlighted as well

[quote author=Yayira post=68234947]OGG has been consistently positive. He should please give some hints, stock picks, to enjoy the ride with him. Can i still hold on to my Zenith and Caverton?

[quote author=Willie2015 post=68140486]Thank you very much, Willie2015. Learning everyday from you people. I am using broker because am away from home and my work takes the whole of my week days. I go through all the posts on this forum only at night and on Sundays.

I have been counting my losses since February applying average down approach. 2 weeks ago, i decided to be on watching mode, although, promised myself not to sell at loss come what may. Reading a couple of analysis from many ogas this weekend, i begin to be tempted to average down again on Zenith only. Is it a good direction? Useful advice is needed from everybody before giving instruction to my broker.

[quote author=currentprice post=68116450]I have been counting my losses since February applying average down approach. 2 weeks ago, i decided to be on watching mode, although, promised myself not to sell at loss come what may. Reading a couple of analysis from many ogas this weekend, i begin to be tempted to average down again on Zenith only. Is it a good direction? Useful advice is needed from everybody before giving instruction to my broker.

https://trwstockbrokers./2018/05/20/ngse-clears-ikeja-hotel-to-resume-trading/

Please, share your opinion on the latest news.

veecovee:
I begooo I just checked my account and saw dividends of ucap, afriprud and afriland. I bought ucap and afriprud ... I do not understand afriland. How managed pls

Blessing from God for pastor, i think :-)

Agbalowomeri:
http://www.nse.com.ng/Financial_NewsDocs/16519_AFRICA_PRUDENTIAL-AUDITED_DEC_2017_FINANCIAL_STATEMENTS_FEBRUARY_2018.pdf

Not opening. Kindly give us summary

rebekah2011:
This new NSE website just dey roll.

Where is the link, please.

olyrayy:
Please, is anyone here subscribed to nairametrics' email list? I haven't gotten any of their email this week. I'm wondering if it's just me or something is broken on their end.

Me too

Chibuking81:
Funding the deal will bring more gain to the companies, if they fail to pay dividend this year, next year is another year.
At least, through the current bull capital appreciation, share holders has earned more than any dividend they companies will pay this year.

If and only paper capital appreciation is commuted into cash

RabbiDoracle:
Deal between agreed seller and agreed buyer. The volume is usually large and they will cross it to themselves via brokers.

Thxs! is there any special benefit to seller or buyer or the broker(s) involved?

locodemy:
I havent o.
Was that not crossdeal?

What is crossdeal?

veecovee:
but seems the crude price appreciation is not beneficial to conoil, Mobil and total, I but them of recent because this crude appreciation

Am also wondering. Will appreciate more analysis on the 3 stocks especially

[quote author=RabbiDoracle post=64213371]Thank you very much for the clarification. It is understood and digested. The fear of not to lose money is my guide and each time i notice that more money is made compare to FD, i feel tempted to sell waiting for another stock that is almost at 52 week low to bid for.

Continue learning, though.

Oga RabbiDoracle, firstly i need to let you know that i have been a passive member/ just a follower of this great and educative forum. I am learning from you all but i dont post/respond/comment on any issue. However, your position on below post motivates me to ask for more clarification. Kindly advise me if a stock that was purchased less than 2 months ago is sold off with 20% mark up is a wrong decision. Practical example is you purchased 5 million worth of shares in November 2017 and they are sold this January 2018 to have about 1 million profit awaiting another opportunity to buy at low price anytime from now to be entitled to dividend. Please, educate me more

RabbiDoracle:
The book is preaching same I have been saying: PATIENCE. And that is sitting tight!

Everyone requires patience.

The crocodile that can wait 2 years before grabbing a meal.

The boy that "spins" a babe needs time(patience) before and his talk enters into the girl's brain.

The predator that stalks prey requires patience.

Someone cooking soup.


With patience comes consolidation.

But an itchy finger thinks he makes money. He jumps from one stock to the other making 15 to 20%. The stress alone is killing. Everyday he is restless.

The TA should be a guide to entry after careful analysis has been done. But to some TA is a tool for hop in and hop off as if you're on a tourist bus.

Am not in town at the moment, you mail send me mail adekunlerabiu@yahoo.com

I also need about 300 bundles of TME 419 in Bode, Ola Oluwa LGA of Osun state in October. What is the current rate per bundle including transportation?