₦airaland Forum

austinkenneth:
Lol... It is only a Nincompoop that will call others names because of their opinions which they expressed respectfully.

You're still mentally a child if you cannot refrain from calling others names. This is what you have done several times in this forum over time. This shows that unlike children that grow up and improve, you're still static in this respect.

My advice to you is to go for some language/anger management training.

Only a child portrays your "i told you so" mentality. Your type of person will rather see the cup as half empty than half filled.

Continue with that mentality and see where it gets you in the future.

Going forward, you are highly ignored just like the rest "i told you so" crew.

locodemy:
You are a troublesome person.since he made that comment,you never quoted him.why doing it now?
Seems you are frustrated. I see it through your acts.stocks are not the only means of survival.It only help to boosts ones income and also a shortcut to bypass inflations.

Pls stop it now let peace reign here.No one is happy if you watch the trend.

It takes one to know one. Now, i wonder who should be more frustrated here? Me that is currently watching from the sidelines or you holding a tanking Zenith?

And for your info, i have other better income streams to monitor than sleeping on this thread.

I only come here during my free time and i will respond to you only During My Free Time.

Chibuking81:
People need to forgive themself, we made enough publicity of bear visit before time.
Many still think that averaging down is the answer, but my advice to them is to sell and wait for bonanza period.
Bear will dominate the remaining part of the year.

Prophet,

When speak of bonanza period, you make it sound as if people are going to buy a commodity that has unlimited supply. You tend to forget that each good company listed on the exchange has a LIMITED NUMBER OF OUTSTANDING SHARES!

Unlike your 2014/2015 examples, most of those shares have found themselves in die-hard individual hands who are ready to wait till after the elections.

Now, I am wondering who will sell the bonanza shares you are expecting to buy to you.

IT IS ONE THING FOR A SHARE TO SELL AT N1 ON XX/YY/2018 OR 2019, BUT IT IS ANOTHER THING TO GET THE VOLUME YOU WANT ON THAT DATE.

There is a reason why volume traded keeps reducing as price reduces. Go figure.

currentprice:
watch how fight will end ke, i doubt if cadillac will ever say something on the issue again. cadilac is nigerian example na. he can only fight the poor but praises the riches.

nonsense

1. Not you or any of your nincompoops can set a fight for me. I am not as dum.b as you. Read tritritri post very well. He never insulted me.

2. Your post doesn't remove the fact that you are a fake monkeyhunter feasting on gullible Nsempa members. Btw, hows your UnionDiagonistics baby doing?

3 Never knew you were also among the poor Nigerians

rebekah2011:
Why do we get too emotional with the comments of people that always shout bears bears bears? I do not think there is ever anyone that has never lost money in this market. I have lost and I have also gained. Do I like it when the bulls are raging? Yes, I do. I am currently in negative positions in some stocks. Am I jittery or ready to cut my losses and move out of the market because of the comments of some people? No, I am in this market for long. In fact, I am looking to take positions in some good stocks if they tank lower.

My opinion is that anyone that is angry because some people are shouting bears bears bears has no reason to touch this market. Are there fears around to suggest that it could get worse? Yes, there are. To live in denial of this is a great disservice to oneself. Stock market goes up and down. A colleague shared an experience of someone that invested 6m into Dangote Sugar and within 4 months exited with a cool profit of N19m. If that same person had waited until now, the profit will just be N9m. Therefore, I see no reason why anyone should be angry.

Oga current price and Fuxer, I need your views on both Okomu Oil and Presco. CAP Plc is looking more and more interesting for a good acquisition.

UPDC Reits is good for those that love dividend returns. The price now is interesting. But to bail out may be serious wahala.

Mechie onu dia. Is it ya money?

Agbalowomeri:
Lol I was expecting you

You didnt inform me na.

austinkenneth:
35,000. Here we come!

Some were warned but they did not listen. They instead called us alarmists.

Now see what your stubbornness has wrought to your portfolio.

Next time, take your time to consider every advice. Money is not made emotionally. The stock market is not emotional.

Another "I told you so" Id.io.t has been given birth to.

Why does nature always add a Minus after some plus

codeworks:
They said I have to pay another 10k to verify statement of result. Corruption in Nigeria is so outstanding. I was confused and woman that checked my verification from WES was laughing at me.

Bro. do you still have the woman's contact?

currentprice:
Get ready for the turf time ahead.
https://www.bloomberg.com/news/articles/2018-08-10/bear-market-grips-lagos-stocks-on-politics-emerging-market-woes

Finally! The news that will herald the bullish bounce.

This is only a notification to the outside world that Nigerian stocks are now cheap enough and ready for business.

fxuser:
nice read, spot on.
beware of ''Charlatans'' indeed

Bulls, Bears & Charlatans

Posted June 11, 2017 by Ben Carlson

“The reason that ‘guru’ is such a popular word is because ‘charlatan’ is so hard to spell.” – William Bernstein

The word ‘charlatan’ is supposedly derived from the Italian word ciarlare, which means ‘to babble.’

Some of the original charlatans were confidence men who would prey upon people’s misunderstandings about healthcare before modern medicine existed. There used to be traveling medicine shows where the salesperson would make promises of magic elixirs that would heal all wounds. It was only after they had moved on to the next town that people would realize they’d been swindled as these tonics were worthless forms of medicine (this is also where the term snake oil salesman comes from).

A charlatan has also been described as someone who professes to have abilities or expertise that they do not have. The term ‘charlatan’ is perfect for the finance industry because it can attract people pretending — whether they realize it or not — to know more than they actually do.

Speaking of charlatans, here’s a headline I read on Friday that sounds scary:

Normal investors could be excused for seeing a headline like this and running for the hills. It has to be true! He’s a legendary investor!

One of my loyal readers sent me the following this week to put this scary headline into perspective:

2011: 100% Chance of Crisis, Worse Than 2008: Jim Rogers

2012: Jim Rogers: It’s Going To Get Really “Bad After The Next Election”

2013: Jim Rogers Warns: “You Better Run for the Hills!”

2014: JIM ROGERS – Sell Everything & Run For Your Lives

2015: Jim Rogers: “We’re Overdue” for a Stock Market Crash

2016: $68 TRILLION “BIBLICAL CRASH” Dead Ahead? Jim Rogers Issues a DIRE WARNING

2017: THE BOTTOM LINE: Legendary investor Jim Rogers expects the worst crash in our lifetime

If I was named Financial Market Czar one of the first rules I’d institute would be to give every pundit a punch card. You would only get 5 opportunities to call a top or bottom in the markets and every time you made a wrong prediction you’d get a punch. Once all your punches are used up, no more making extreme predictions again.

By all accounts, Rogers is a decent guy. He made a ton of money after founding the Quantum Fund with George Soros in the 1970s and retired in his late-30s to travel the world.

But how is this possibly helpful to anyone?

What is he trying to accomplish?

Why not take a break for a while after the first few crash calls were completely off base?

Sometimes uber-successful people are the worst ones to listen to for advice because they become so overconfident in their abilities. Rogers very well may be a legendary investor but that doesn’t make his crystal ball clearer than anyone else’s.

People who are contrarians for the sake of being a contrarian will read something like this and tell me it’s a sign of a market peak. But this has nothing to do with being bullish or bearish. There’s nothing wrong with expressing an opinion about the markets, be it positive or negative.

I’m not anti-bearish or anti-bullish, I’m anti-charlatan. Making extreme predictions about the markets comes with zero consequences because there are so many pundits these days that most forecasts are quickly forgotten. The only ones people remember are those that are right. So there’s very little risk involved but if you ever happen to be right about a pending market crash you’ll forever be remembered as the person who called it.

A market crash is always a possibility. But using scare tactics to get people out of the markets (or keep them in) isn’t helpful to anyone.

I’m sure there were a lot of investors who were emotionally scarred from the financial crisis. Unfortunately, the crisis also spawned a large number of charlatans to prey upon those emotions. I hope investors are able to better understand that extreme predictions from charlatans — whether they call for a crash every year or tell you one can never happen — provide no useful value.

Further Reading:
Perma-Arguments

Truly a nice read, fx.

At bolded, no further comments.

Parisfran:
The guy na special type of trouble maker.

Cadillac I think it is wrong to pass the blame of your actions to others. Nobody forces anybody to buy anything and I don't think it is fair to discourage people from giving recommendations. To be fair on them, they have never recommended a loss making company and they warn against Companies with historically bad results. Even I myself have been reading FS of companies trading below 50k, the only thing stopping me is what Wanjo always say, "How easy is it sell".

Let's all try to live and let live.

My dear. I never blamed anybody for anything. Never been a follow follow investor. So i take full responsibility of my actions and inactions.

I'm only opening the eyes of newbies and the gullible ones to the antics of monkey hunters and predators here.

Mcy56:
Please follow your advice, biko.

He can't. Even you wont.

Lets watch your next 10 posts if you wont refer to me.

UsefullLess Monkey hunter

mendes911:
Going by your standard, I should take it that this is you doing Monkey Hunting on DF. And you conveniently sold before your advertised AGM and their "GSK styled announcement".

You guys should let me be. I don't want to be tagged as one derailing this forum.

This is your favourite trade before i showed the thread what a non-entit.y you are, digging up peoples old posts and mocking them with it. Only stu.pid felons do that.

And if you must know, i bought some units on DF when it slid to 8.9 in first week of May and held till after the AGM when the expected announcement didnt come.

Go and check my posts on the day of the AGM, Mor. On

mendes911:
Chief, fire on. I understand that you can't control it.

It's really not confusing to me that you believe that words can hurt people. I can feel you, totally. I once had your type as a simulated client. No pain Sir. If it makes you sleep well at night, be my guest and fire your shots.

Continue whining like the girl that you are.

Mor.on

Yayira:
Mendes and co, You guys are to fast to insult people.. after if they insult you back you’ll be playing victim

Leave him. When i descend on him, agba will come to his rescue again.

Have we seen fxuser or bbm being called out here? Capital NO.

I dont need to explain the reason because its not far fetched.

Only Monkey hunters gets called out all the time.

rationalmind:
Na for this kind gidigbo Cadillac dey always show

No mind me jare. I just have this natural hatred for bullshit.

And for that Other monkey claiming some hunter here pointed me to DF, it will sadden you to know that the person that brought my attention to the stock (though indirectly) was chibuking. Your mentor was not even aware of it until i researched and bought. Even coolcash was more vocal than your mentor.

Your mentor only claimed glory when it started climbing and mentioned me in his album self.

currentprice:
I tire o

Guy, i know you antics. Stop fool.ing newbies.

Agbalowomeri:
You must really believe that NSEMPA is where stock prices are determined

Yes, for those pennystocks that can be influenced. I personally have put several medium cap stocks including DF on full bid for several days. Now imagine what will happen when someone with 30m eyes UnionDiagonistics. Thats sure 1week full bid.

No for large cap stocks like like Zenith, GTB, Etc.

currentprice:
Don't worry yourself babe, keep watching the music will change in few month time. Remember those saying caverton is illiquid caverton is that are the one eager to buy caverton above N2 now. Don't take them serious except those respectable ogas in the Monkeyhunting business.

Fixed

Agbalowomeri:
Your post is full of contradictions

No contradiction except you are same individual as that unruly lady monicker.

You give advice you think that profits you, i use it to my own advantage.

Dassall

wanaj0:
Because Union Diagnostics is VERY illiquid, SELLING may be a problem. Even if you make a 'profit' you may not be able to SELL. There are many stocks like that. So factor that into your strategy. That's why I said it may be a 'paper profit'. I think someone said he tried selling for TWO years!

She is trapped. Just justifying herself and giving herself HOPE.

Tones beginning to change gradually.

Lmao at the snake meat part.

I still insist that no advice in this forum should be taken hook, line and sinker. Like someone said yesterday, NSE is just a tool for wealth transfer.

So anybody advising you here is just interested on how to transfer your wealth to his portfolio and would only give you advices to achieve that aim.

Just read, get all the info, and decide your own strategy.

There was a time i made a good kill from FBN after a series of loss. The simple strategy that worked was monitoring and adjusting the prices posted here.

E.g, if the gang said they are waiting for A at N1, i buy everything i can get at N1.5. And if they said bus stop was 10, i sell every at N8 and watch the show.

So every post is useful as long as the mocking and insults are absent.

Btw, whats the closing bid/price of our Currentprice latest monkey (UnionDiagonistics) today?

Skye bank has finally released its backlog of result.

Seplat and co.

More on OANDO

wanaj0:
If you are a TRADER don't go near. I mean you cannot even trade up to N500k of the stock. However if you are in it for the 'medium' term, you should be alright.

Before buying, walk into one of their centres. Check whether what you see align with the 'figures' being posted. That is FACTS behind the FIGURES.

Joke with Wanaj0 recommendations or warnings at your own peril.

sellydion:
I just see PZ at N14.05. aside from this bear is there anything the matter

the rate of fallen is quite alarming

They issued a profit warning. That's why.

valentinenwoko:
http://www.nse.com.ng/Financial_NewsDocs/FinancialStatementFull_C%20I%20LEASING%20PLC._2018-07-30.pdf

Company made a loss for two quarters YTD.
Group made almost same profit compared to last year.

Very flat result with signs of deteriorating assets.

Not outstanding.

.

Yayira:
Cool you no get Oando for your radar?
The stock is full of stories but...

This babe. You dey see road o. Just that fear no let me enter. But i am just thinking of what will happen once a peaceful resolution with Voipi is announced.

DOLLARTEX:
which oga?I am pleading with you to allow sanity reign for the bull' s sake.Last week was unlike nsempa and that is just it.Besides,I was thinking you were mendes911 self!

funny you.

Anyway, i feel you sha. Have a bullish week ahead.