₦airaland Forum

Haha, sometimes some stocks going down is the best feeling. That's how i felt when Nvidia got to $95 last year. E remain small i for sell my kidney to buy am.

Sunrisepebble:
Might be ambitious within that time frame. But I have no doubt N400 is certain within the next 12 months. At this point I won’t add or sell unless there’s a significant pull back.
I now understand Warren buffet when he said he loves it when the stocks he buys goes down

Ah, 400 by month end. That one go mad gaan. I hope it doesn't happen sha. I was happy with 220 TP when i was buying it at ATH of 160 two months ago or so. 400 too much for one year.

ositadima1:
I bought today at 345, with a target of 400 before month-end, just for JIJO. I’ll also exit at any time if my thesis for entering goes south.

He gets why.

I usually do the calculation to see what average cost I will be happy with. That's how I moved my GTB average cost from 88 to 101 now.

The stock dipped from 91 - 78...i averaged down till my cost was about 85
Then it shot up to about 110 and then 120
But I decided i was happy with 20% gain in one year so decided to keep averaging up till i got to 100.
The stock is now 130...and I am happy with an average cost of 105...so I am still buying. Even bought today.

Ginalex:
With the aggressive rise in its price, I'm low-key scared to top up. Because averaging down, I no too get liquidity for that kyn parole

Small position. I rode GTCO from about 95 to 78 and didn't sell during last year's reds. Same as Aradel, Custodian and some others. Rode my US portfolio from crazy losses to all-time highs. The UBA was meant to be very short term (including the dividends). The only bank i'm actually interested in is GTCO.

Beeron:
If stocks were easily transferrable like crypto I would have begged you with everything I have to sell to me please.

Always keep in mind that, shortsighted investors likes to parrot the fundamentals of long term investors, sadly it's funny because shortsighted investors only focus on short term Market sentiments.

We lost you to one them.

If you not sure next time, due to bad news flying around, have faith in averaging down as an alternative.

WAPCO now 340. Make person beg am to calm down oooo

Sold off all my UBA for a 300k loss. We move. Other stocks have already made up for it.

The Initiates at N25 now. Cute.

Hahaha

ppogba:
Our One hundred and something houses in London.

Abi you don forget?

Actually, it was your post sometime last year that got me thinking about it. While you were mentioning 30%+ pa annum, I realised I had access to about 11% if i looked hard enough. Problem is, the stocks i wanted toi buy GTCO/Aradel/WAPCO have overshot even my wildest dreams for this year so I no come know if the matter worth am because na like $7k i been wan collect.

emmanuelewumi:
Please take it

Hahahaha

megawealth01:
Na the praying got me sha 😁 I completely understand your point

I collected loan in 2021 and na so so prayer I use pay am up anyways

I used the loan for crypto anyways

At 13%, even my fixed income USD investments is more than enough to service it . It's basically free money to me.

emmanuelewumi:
Do you have the cash flow to service the loan or you will be praying for capital appreciation

Was gonna do it for Aradel and GTCO

emmanuelewumi:
Don't do it if you don't know what a business is worth based on it current earnings, future growth, efficiency and cash conversion

Been thinking of using a personal loan (13% pa) to buy shares but the bubble seems to be inflating faster than I can even come to a decison. If i had done it two months ago like i planned to buy a stock,I would have been up almost 100%. Smh

emmanuelewumi:
That is the reason why I borrow against my shares in other to buy more shares. Eating your cake and having your cake

During Premarket, do you do market or limit order?

jonnysessy:
Good day great investors. I was able to offer all my UBA stocks during the pre market ( fastest fingers first (fff) In fact, i was number 17 on the tray. I was surprised that only 7,000 was sold and i was taken down on queue to #98. I thought it is a first come first serve, hence am surprised that only a paltry units of 7,000 was sold. I await who know how this works as i don't think it will get to my turn again.

But, tomorrow will be another date to offload UBA. I can even buy MEYER paint that is ready to pay N0.45k. I am a dividend investor.

Oando hopium still going strong in this forum

mikeapollo:
This market is interesting and sometimes evens replicate in different sectors.

I recall when WAPCO was struggling and restructuring; selling below N20. Today, it is almost N300 and seen as going after BUACEMENT
Soon, similar comparisons could be made for Oando and Seplat/Aradel as well.
Restless Oandoites just need to ''f'okan ba'le''

Sunrisepebble:
Thank you Wapco

Why e dey run? I get plenty but even though…I would prefer to accumulate some more overtime. 300 is crazy work

Gtco dividend?

edwardaigb:
Over celebration wan finish mua, gtco and nascon just dropped. God be praised.

Thanks for this info. So what if I place and order on my Cardinal Stone before 9am or even the day before? Does it still join the queue, abi I must place it at 9am exactly?

yMcy56:
When you opened the Sell Order, it can't be showing executing because, firstly, you placed at 10.00am while Premarket starts at 9.00am.....meaning, lots of offers/sales has lined up before you come to the market...

2ndly, you placed offer at wrong price.....meaning, if placing bid or offer for any stock above N10, you should place the bid in 0.05 steps....
Example: If you placed bid for ACCESS @28.24 it won't go thru.....
The "Par Value" movement is in 0.05.....e.g. 28.20, 28.25, 28.30......31.40, 31.45, 31.50.....etc.

mikeapollo:

Every company has the right to grow., and should be encourages as much as possible and allowed to grow.
But to bypass all laid down rules, procedures, laws etc. and award very huge, strategic national contracts to cronies with dubious records, who have had little or no record of capacity and competence in projects of such magnitude, without any tender, no bids, no senate approval, no budgetary allocation etc. creates huge problems. Unless Nigeria are docile gluttons who swallow everything without asking key questions.
This is what caused the clash between Rufai Oseni and the Minister.
I don't have any shares in Julius Berger whatsoever

It's insane. One single company will take 7Tr Naira of borrowed funds to build road. No bidding, no transparent contract process. The person whose loved ones will probably be affected by the resulting inflation, corruption, lack of healthcare because they swallowed 75% of the money in a Swiss bank account and so on is defending them because 'na turn by turn'. Incredible stuff.

presiade:
If Julius Berger benefited from it, others can as well do.

Omo na wa. See wetin person dey talk.

You people are loaded o. Who is buying WAPCO at 292?

mikeapollo:
I am not aware of a past presdent/govt that took away projects from a credible Julius Berger and handed over to Chagoury Brothers without tender, cross bidding, etc.

They will use generational wealth money for six roads and ten hospitals and give their cronies to build one expresswaywithout any bidding while their supporters will be asking you which one Obi did because stock market ran up and they made 100%. Meanwhile you will vomit the 100% gains on high inflation, high fuel price, kidnap ransom, high hospital bills etc.

On April 13, they said they are awaiting approval from SEC

Ginalex:
Please, has TIP credited shareholders with their public offer units?

Mad. Na una get all the wealth. I bought at 180, but na God get us sha.

megawealth01:
That I bought this thing at sub 12 naira is funny sha

WAPCO trading at N290

I have Seplat. I bought at 9100 already.

megawealth01:
SEPLAT. I'm only holding it because of the blood money dividends get from it as I entered it at sub 500 naira

Wait, did someone here not say MTN was about to be acquired or something?

Oya drop another one

Aradel is my biggest holding at around 30%, so make I diversify one or two more 'overvalued' stock.

megawealth01:
Na me talk am

Bruh, can't forget how someone said Aradel was overvalued then. Me sef shock.

leo1234:
Every stock mentioned on this thread is always overvalued.


ARADEL @ 500 naira was overvalued on this thread.
ETI @ 45 naira was overvalued.

Like I said, listen to other analysts and DYOR.

Stock has gone up over 50%. hasn't it? Just sell the 10% dividend you want from the stock nau

Codevalley:
Exactly, too poor for the current price!

https://punchng.com/23m-plant-to-cut-drug-imports-boost-self-sufficiency-by-2026-emzor/?amp

https://www.verod.com/verod-news/boosting-the-supply-of-locally-produced-high-quality-medicines

I recall Emzor is building a very expensive active ingredient manufacturing facility

HesInMe:
Many of these stocks have had a good run, so the question now is whether the market hasn't fully valued them.

The main challenge with pharma companies in Nigeria is that, outside of a few areas (basic antibiotics, blood enhancers, etc.), the drug makers are heavily dependent on imported active ingredients, thus limiting their gross margins.

If you know any company that is fundamentally addressing this challenge, abeg tell us. That's where the real opportunity lies.

I expect great things very soon

pluto09:
https://www.vanguardngr.com/2026/04/breaking-tinubu-reshuffles-cabinet-as-oyedele-becomes-finance-minister/

Oyedele is now the minister of finance.