₦airaland Forum

PETERiCHY:
NEWBIES TAKE NOTE!!!

Henceforth market will keep crashing till Christmas Eve. it is called SANTA CLAUS BEAR.

Don't say you weren't warned.

*ThE OcToPuS*

hope you'd be able to eat a humble pie otherwise

Agbalowomeri:
You've made your point. Chill out

Meanwhile my stock is about to move, you people are here arguing.

#MonkeyHunting

None but Eterna

fxuser:
Zenith Update:
break above N27 & making new ATH
further upside expected

hope you don't mean all time high?

Cadillac15:
Wow. Very good job. Slept off before you could finish but after going through your presentation, I have no doubt that my decision not to sell any of my units yesterday was an excellent one.

The dividend call might be tough though I am expecting a bonus of like 1 share for every 4 held. So if dividend comes, that's Jara.
V
You should do this often please. Won't mind paying though.

Alhaji does not do bonuses. Check history.

Remember that at the height of the madness when he floated the IPO, he refused to absorb any oversubscription.

I stand corrected though.

PharmAlfred:
With EPS of 3.something naira by year end, DF may be able to squeeze a little dividend or give some bonus.

The market is slowing down now. Could ignite the engine tomorrow.

retained earnings must be in +ve territory before we talk about dividends. Still under lock and key though.

emmanuelewumi:
Tread carefully, some people who don't understand this game will get burnt.

Know what you are buying and why you are buying.

... moreover if you cant hold it for 10yrs, why the hell will you hold it for 10mins!

newbies - pls stick to quality, to avoid stories that touch

locodemy:
Dont worry.
I am not in a haste over Transcorp.
what I need is to get as much as I can now I can afford to buy it.
what i see in Transcorp,you dont see it.
It will be on steady rise throughout 2018.

oops! same thing you saw in ... OR VH?

currentprice:
see the way oga PETER made this post look as if he he still in the vehicle

he is in every stock that is doing well

emmanuelewumi:
I have sold all my C and I leasing shares

Oga Emma,

in your opinion, do you think UAC enter one chance with Livestock feeds? I am eyeing that stock ooo

locodemy:
I have sucessfully divested all my fcmb and fbn shares to own only Transcorp 100%.
I dont even need Transcorp to move now until all my buy orders are filled.
but price inching up a little which i dont like for now.........

Yet when there is a bit of uncertainty your BP shoots to the sky! What extra info has come to light since your original 5m purchase?

Hope you don't come back shortly looking for reassurances

With Transcorp you have to be ready to go long (or very long)

valacious:
On Transcorp...whoever bought at 1.26, will not sit down and watch 11billion investment shrink...the entity or person obviously bought for profit..so guys expect a bull..

You might be disappointed waiting for the bulls. Someone invested that amount because they have a big plan for the company beyond bulls and bears.

Unless we all believe that Nigeria will burning diesel to power herself then the power sector is the next big thing. Not to think about their other small biz.

Last word on Transcorp before I get accused of MH

currentprice:
boss on the bolded are you not worry about the 40b O/S . are your not worrrry transcorp can do reconstruction of the share in the nearest future apart for all the eps , pe etc. transcorp have negative free cash of about 15B as at Q3. meaning the company needed cash seriously and right issue might be one of the option in future

What was DF situation when Alhaji turned his scopes on it? What is the story today?
Wait until their books are pristine and still expect to pick it up at this levels?
I guess we all have to wait for the news behind the news

nio68:
Not quite sure what you mean ..Uncle Tony(HH) is divesting , if you are following the money then you should running away not buying into it. If there is no trouble ahead not sure why he would be divesting ... in other climes news like this would cause drastic fall in share price lets see market's reaction on Monday... I feel Transcorp is for loose change if at all one want to invest in it.. just my opinion

Depends on how you see the glass. HF or HE?
Uncle Tony is selling and a greater fool is buying?
Who would be investing such an amount on impulse? At N350/$, that is ~$40m. Oh well

lancee:
Transcorp ..eni ori yoo .ipade di ile

Jaaaaaa!!!

Let see what monday willl offer

Forget about Monday, it may well fall to 50k.

FA & TA no reach this one. This is a classic stock for patient investors. Sell and move one if you are looking for a quick buck.

I repeat - follow the money.

I now know a thing or two about following money.

BTW - I am a verrrrrry long term investor so my ranting above may not work for everyone.

leo1234:



I must cut my loses on Monday if need be.

Ndi Obere okwukwe.

N14B+ no be moi-moi.

Who gambles with such an amount? Even Alhaji did not become what he is today by throwing away money.

Learn to follow the money.

If an institutional investor is willing to invest N13b+ then....

TA I no sabi, FA I no sabi.

Follow the money, I don sabi am somehow.

I have a few hundred thousands of Transcorp at N2.5. Time to average down.

DeRuggedProf:
The buyer chose to stake that amount for a stock whose fair value is around 80k. That is my concern.
This guy sure inherited that loot......
He is wasting 46kobo..... Why...

NB: EVEN HERE, time will tell who made a mistake between the Buyer/Seller.

Typical retail investor speak!

At that level, he most definitely knows a thing or two which retail inestors like me and you do not.

RabbiDoracle:
Since 2014 that oil price started falling and the subsequent depreciation of the naira, the market has been trading low since. This is the trough in my opinion. Now that the FPIs can come with little FX and get more Naira, they will see it as an opportunity to invest in this market. The crest never reach ooo.

We are even yet to test the absurdities of 2007 - 2008. Zenith had a high of 68 then, fidelity was over 8, fbn was .....

I'm on the street listening to people if they will be speaking about stock market like MMM.

For those whose target has been reach, let them take profit.

another sign to watch out for - For those newbies using analogue broker, once he/she begins to tell you 'it is not available' just know that it is time to lift up your matress.

At that time, anything with oil in its name will turn to hot cake

Anyway our oga Wanaj0 talk say some people made money on top Nospecto

RabbiDoracle:
You dey vex ooo with the dead stocks you have. Don't worry if the euphoria gets to 07- 08 level, a greater fool will come.

vex with optimism. Make dem greater fools hurry up joo.

Cadillac15:
I normally don't like posting in bullish periods because of the popular knowledge that everyone becomes an expert in such periods.

But I feel obliged to give some thoughts to newbies as they pay their NSE fees.

What is suddenly moving the market? Why are prices going up generally? The answer is simple. No more 18%+ interest in Treasury Bill. No more 16%+ interest in Bonds. All the monies that left the market as a result of the sudden increase of interest rates at the peak of our recession is returning back to the stock market. This is good for the market but has a very big disadvantage to inexperienced traders. Why? Because all the stocks will appreciate in price Will they remain so? No Why? Because investors will soon discern the good stocks from the bad and hence offload the bad to unfortunate hands who will then hold them through the bearish period or sell at a loss

In all this, it is important to know everything about the company you are buying their shares, what is in it for you, what is moving their price and most importantly, your exit plan when poo hits the fan. I give you an example, what's special about Fidelity Bank? Is their numbers the best in the banking index? No then why is everyone looking their way right now? Simply because they declare good dividend historically. Now, you follow the band wagon, buy Fidelity because of this fact, not planning your trade. After the dividend play and ex-dividend date, the players will exit and this will pull back the price. Why? It will no longer be fruitful to hold Fidelity until the next dividend period chikena.

Another of such company is Afriprud. These are even companies with good financials o. So what happens to you if you had gone ahead to buy caverton because the price is rising with the general bull? Or CI Leasing? Or even Skye

Anyway, I'm in my house. If my opinion annoyed you, come and beat me

Oh boy carry time with this your epistle! No just spoil market for me. Everyone must pay their school fees. That is the way the cookie has always crumbled! Greater fool theory is a very well established fact.

However, one thing i will never do is hunt monkeys.

tritritri:
Na wa ooh..God just give some people PATIENCE.

Kai..

I wish na me get PATIENCE like U. But i dont know why d DEVIL will control my hand to sale.

Am regreting selling my DF now.

i can hold becasue i don't depend on it for my daily bread. Secondary income stream more like

currentprice:
chai! my DF cross above 200% gain today at a price which still undervalue to currentprice

still baby to bigjay01 of 1000%

then again, i have been holding since Dec 2015! Not to mention the original ones i bought during the IPO

wanaj0:
You paid your tuition fee and you graduated in flying colours. Those who never pay but are loud now, it is just a matter of time!

When the bulls are here everyone is an expert.

Watch out the number of rights and PO's. That is the first sign of the beginning of the end! You saw a new company listed and gaining 5%? What does that remind you off.

Anyway. make we dey watch as people go dey buy dead companies because of some pumping and dumping.

In another news, SEC DG suspended. SEC 1 vs 1 OandO

I first read this statement from you on SMN in 2007! Exuberance didn't really let me pay any attention to it. Most important lesson was learnt as a result. I didn't run away though, only get very very wise since then.
On average i am sitting on very very very healthy profit in all of quality stocks in my portfolio.

NEM is a penny stock i bought post 2008 at 60K, it is representing ... and a couple of others

RabbiDoracle:
You see. You are the hammerer in short.

Write off the dead ones. At least in your mind. When someone who can help you carry the can shows up on NSE, just hand over to the person and give the person N300 to buy one gala and lacacera for the race ahead.

just like i took them off some smart Alec, some Johnny must take take off me! na so the cookie de crumble

RabbiDoracle:
Like Waaan$$$ would say, don't dwell on your losses. Let your net gains be more than your net losses.

I know you made quite alot when DS was N4. Nascon was sub N5.

Na you biko.

got into DF at sub 1.5, Nascon at about 2.99, haven't sold them though. both are sitting on a very very very very healthy profit.

A few of my holdings have recovered all their losses through a combo of dividends and capital appreciation. The bad news are the insurance companies and one or two delisted entities

Intendy:
My oga how's every?

How NRC na?

You dey hear from the big Duduspace and oga wan$$$$?

u wan make nairaland end up like SMN. Abeg leave them and their politics for SMN

shigidi:
Big jay ever the pessimist. I'm sure Oceanic of 2008 still in your head

You are right on the recent euphoria. However, earnings are nowhere near as bloated as then. Not yet anyways.
Even a quick glance at the famous SHILLER PE will agree.

But you are right. Men need to be guided

No be only oceanic oo, dem plenty? it wasn't helped by the dirt cheap credit available in my neck of the woods. All projections were thrown out of whack. I was really schooled, have only touched quality since then.

#StillStandingThough

RabbiDoracle:
Remember that 10 years ago, taxi drivers, barbers, market women all spoke of stocks, IPO and PPs.

These aree the signs that we need too bolt. Once the masses start falling in, the critical mass has been reached. Ben Johnson!

the market take style deal with me then. I am waiting for the madness to start! Somebody must buy all my dead insurance companies.

I am still standing though

Investnow2017:
When the dust settles, I wonder how many fingers will remain unburnt

Seriously, sooooooooooooooooo much money coming in from the TBills axis now the rates are inching towards single digit.

this whole shenanigans reminds me of the euphoria of 10yrs ago.

In a bull market every one is an expert!

PETERiCHY:
For now let the teeth shining continue by the time S.Korea Ballistic missiles will hit the market all man will take cover.

Invest ONLY what you can afford to lose. Period!

*ThE OcToPuS*

Mr Sabinus, I guess you meant North Korea. lat time i checked, S Korea have not been in the news lately for ballistic missiles

fxuser:
DangFlour
- back in double digit

i don pick

what happened at Afriprud
15m+ Bid (top bid 3.94)
500k offers
kilo haps