₦airaland Forum

Ogborokiri:
Can I still buy dangote sugar stock

Yes, buy as soon as the market open today.

Iamblessed8888:
Zedcrest came in with the grand slam @ 1.62%. Going to bed now to snore. Made 500k today and crossed 5M April YTD🤩🤩🤩🤩🤩🤩

Congratulations Chief

More and more is all we pray for.

CSblackpink:
The closing bell. This is my first time making 1000 USD returns in a single day. God is benevolent. I will start preparing for Yakubu right away.🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🥰🥰🥰🥰🥰🥰🥰🥰🥰

CS= 1.15%🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

Congratulations Chief.

May the best of today be the worst of tomorrow.

auschris:
So, I should shelve the idea of Dang Cem for now. If you don't mind, what is the reason behind this recommendation?

Okay, so one thing I noticed is most guys out there in the stock thread often dwell majorly on sound fundamentals, corporate news and price action. But for me, I dwell more on Technical analysis. I use the maths in the market to calculate probability, market trend and mood.

So If I recommend Dangote sugar, that's because, the maths are adding up. The trend and market regime confirms it.


Lastly, I just checked Dangote Cement, Dangote Cement had been fully bought as at March, the chart shows investors don't want to sell as most people want to hold for a long time. However, few people that sold, created limited opportunity for new investors to buy. Those who bought are clearly buying an already overbought stock so the upside gain in pecentage will be very few. That's why it will be wise to just wait for a dip or reversal.

Don't try to time the market desperately. Patience is key

playces:
Pls what about NASCON. long term

For Long term investment into Nascon. Wait for the ASI to find new support, meaning — watch out for two things.

1- Pull back of ASI
2-pull back of Nascon

Once you can track and achieve this, you can buy Nascon at whatever amount, you will still make gain short term and in the long term as well.

CSblackpink:
My broker has an ETF that has a Tesla portfolio; however, the annual cost is too pricey.

wow

FUN FACT: If you add all the net worth of the billionaires in Africa with Nigeria stock market and double the combined valuation, Elon Musk will still be the richest.

Ogborokiri:
Any stock to buy again?

If you have a land to sell. Sell the land tomorrow then buy Dangote sugar and hold.

(Disregard the sell your land part) Just joking.

Buy Dangote sugar tomorrow.

CSblackpink:
Chief advisor, I be gentle guy. Money is nothing without a humble heart.

So true bro.

Iamblessed8888:
Chief something huge will land CS and Paramount tonight. Not sure of zeds weighting on banking stocks.

You should really consider that road project Beeron talked about in your constituency

🤩🤩🤩🤩🤩🤩🤩

With the way he is making money, I mind the way I talk to him these days oooo, because with the amount of money he is making, he can even order Nigeria police to lock me up from his base outside the country.

After finishing road, na to campaign for Governorship post.

Gratefulme:
Is this the app?

correct

femarse:
Please which site is this and how do one enter ? Is the same NGX? Thanks

It's called tradingview, it's an app/website for technical analysis.

Smattrader:
@Beeron, thanks for taking the time to answer all the questions. It's not that easy.

You welcome sir.

Iamblessed8888:
😂😂😂 @ class captain. Making money is the goal. One love Bro

much respect to you sir.

Smattrader:
Great input there.
So, what do you consider ASI lowest in this case?

The best way to track it is to track it like I do.

Via tradingview

See ASI as another stock you trying to trade.

welzyj2:
Senior people just change the gear this morning

But I still know that stock is quite stubborn due to its high liquidity

Ogborokiri....not a financial advise o but hold on to the stock and if price doesn't get to ur purchase amount soonest take adv and buy more at a lower price to improve your WAC

I started fidelity at 20 but my WAC is 19. I was ready to buy more if it had dropped to 18. My worst case exit was 17n

He would still make profit before the week runs out.

Ogborokiri:
Loss

Don't worry, you will still make profit.

The market isn't fully bought.

Ogborokiri:
And I buy fidelity this morning o

You for ask before you buy bros, rapid change occur this morning.

What's your current position? Loss or gain and by how many percent?

welzyj2:
Would have considered foreign portfolio but my constraint is I earn in naira and converting to dollar will easily be against me

Foreign exchange market na another level abeg oo

bamboo does that for you easily.

Pay into Bamboo and just convert it there.

Go watch how to use bamboo on YouTube and you will understand.

Niiade:
I have been eyeing fidelity since February, o have tried buying at limit for 18 naira but maybe na cus I dey use Zedcrest to buy that why I never got it, and now he don go up like mad.make I use CS take buy stock maybe I will get better limit offers, I learnt I shouldn’t by at market price hope that advice is sound abi na me dey do myself.

At market price, price might move and your trade not executed and you end up missing that entry.

Happen mostly in low liquidity stock than in large volume stocks.

CSblackpink:
That's great; however, I think ETFs are much easier to manage. I also have my personal equity fund from my foreign bank here, and it has been delivering gigantic returns compared to my own ETF portfolio.

Chief, after you lock in all that profit.

Don't forget to do charity work like traveling to your village and helping them construct road ooooo

😀😃😀

Gratefulme:
@Beeron what are your thoughts on Unilever? Hold or exit? I'm at 40% profit. I intend to buy back if/when there's a dip. Just trying not to miss out on this bull o.

Take your profit bro.

It's overbought already. It only has 4-6% left before it pulls back. Don't risk your profit over 4-6%.

CSblackpink:
I am kind of jammed packed with my foreign stocks here, as this is the dividend season here.

Enjoyment season you mean. And by the way, I just realized Bamboo does Foreign Equity mutual funds.

They help you trade basket of U.S stocks like our Nigeria Equity fund does.

Minimum requirement is 100 dollar.

Iamblessed8888:
Sticking to equity discussion only is like remaining in one class forever without being promoted. The goal is to evolve to have as much knowledge that the fund managers have. I think it’s a great conversation

PS, on the other thread, i thought you were just a content creator but it turns out you are a finance powerhouse. Apologies

No wahala Chief.

Kinda subtly abstained from every conversation that involved you and didn't find it worthy to come to the thread again after CSblackpink left.

I knew you were trying to vet me on the MMF thread but you took a very hardline which is why I acted that way.

Apologies accepted sir as I also admire your flexibility and quick ability to adapt to change.

It's all good now, making money is the goal.

Na you be class captain now. 😃😀😃

CSblackpink:
Bro, this room is for all investment discussions. Anything and anystuff can be discussed as long as it is legal. Continue the knowledge sharing.

The Igwe has spoken.

😂😆😂😂

CSblackpink

Do you think we making a mess of this place or let the information sharing continue?

Crossblueart:
Can you recommend stocks to hold for long term - doing at least 100% in a year or two?

Any of the large Cap stocks can easily do that.

The only thing you should target is ASI. When ASI is at it's lowest, Buy into any large cap stock of your choice and keep riding through the years.

Don't sell but you can just be trimming the profit and collect dividends.

That's how those guys help us trade our Equity mutual fund.

No woman likes to be the second position or a substitute.

If Amanda agreed to share him with Brenda, Amanda is the side chick.

The day Brenda finds out, he would be forced to let Amanda go or lose the relationship entirely with Brenda.

Rhymeyjohn:
You guys have turned here to NGX alert. Can we focus on equities and only touch on the stocks in the funds basket

Sorry no vex bros,

This place is for Equity but we would try to keep it minimal.

teeboi77:
Is Fidson a good buy now?

fidson is currently consolidating.

Give it time to make up its mind.

welzyj2:
My prediction on Fidelity don sup

Access is seeing another ride today sef

this market is funny bro.

welzyj2:
@Beeron this Fidelity will see another jump today oo

I wished I loaded up to 50k units oo at that 19n. My fear was it might still crash at 19

Today the shares will experience all time high- my prediction

Looking to hold till 26/30n or if they declare good dividend will hold to qualify

The best is to wait and see like I adviced doggedfighter.

But something funny just happened in fidelity.

Profit takers and day traders are in a fierce conflict.