₦airaland Forum

GeeKudi:
1k loading.

Bought nearly 500k worth today. God help us.

Why do you write on top and bottom of quotes?

megawealth01:
Na SEPLAT I go use buy small Island

My SEPLAT loot alone is something else. I sincerely missed ARADEL. Na now ARADEL come dey pain me

Nice, congratulations! We entered at PO, but we pin still.

megawealth01:
One of the best gifts loco dropped here that I keyed into

At one naira

Yup. Not really 'spills' as in accident. They process industrial waste, currently mostly from Oil and Gas by working with refineries.

HesInMe:
Thanks. So like clean up of oil (and other hazardous materials) spills?

Mostly oil-associated waste management. They have a few (dangote etc) but highly valuable clients. Also looking to go into municipal waste. Has the easy money been made? I am betting not. As the Oil/Gas industry is expanding on steroids due to specific reforms to increase our oil and gas production TIP is well positioned to eat good for years to come.

HesInMe:
Could someone please enlighten me on this TIP sef? What is the main driver of value for the company? And has all the easy money been made?

Didn't really have a target but Aradel has also done wonders on my portfolio this week. Very glad I bit the bullet and bought it as my first NGX stock last year even while it strugged and bounced around the 550 - 500 range for many months.

Raider76:
Thanks to Aradel and UCAP my portfolio today hit a target I that has been alluding me for so long. Though it is paper money, it nevertheless feels so good.

Will the price of the share change when the PO is released?

Sunrisepebble:
Ah, should I not crystallize my profit now. Bought some in PO, bought some on the floor

ABeg what does this mean? I didn;t understand the question.

Ginalex:
I don't think they've factored it in yet

Since 'his' appointment to the board. The entire letter is six lines yet nobody read it twice.

megawealth01:
A good person 👍

Same, I used Dang.. but I’m not a big fan of Dangote on principle, and I liked what I read about the Coastal Road using Wapco cement or something. I also thought of the entire length of the road and what a stronger economy might mean for our building and infrastructure targets. I thought Wapco would be best. Infact, by the time I was convinced, i made it the third largest stock in my portfolio, after Aradel and TIP. I bought at ATH, knowing that I would average down if necessary. Since I bought at 160 or so, e never dip.

welzyj2:
Not kidding this was also my low key moral earlier this year...although I used dangcement for my project

Price from 10.5 to 12 in less than a month

I had to buy wapco shares to get something back from the industry. I'm at 60% on capital invested now

I'm riding it for the long term

Yes, because I never reach my target accumulation. I don’t mind if it gives me 30% a year because that was my was expectation when buying. Beat inflation and possible naira devaluation.

nedu666:
And u say God forbid

You won't believe the reason i started buying WAPCO. I had to do some renovations at home late last year and the price of cement really shocked me because I last remembered it at like 5k or so. After all the spend, I swore these companies would have to pay me back somehow...so I did my research and decided on WAPCO. Now almost 100% up.

Mpeace:
I bought a little WAPCO the moment I saw BUACEMENT result. Note that since January this year, cement prices have really gone up

God forbid please

nedu666:
At the rate wapco is going. 1000 sure by year end

Willing to bet Aradel will break market again when they release Q1

Why I no go buy? Even bought Google too with my last card sotey my bank account was just vibes. The world was looking very bleak then but I decided, 'Fortune favours the bold. Now I look at the portfolio and smile, More than 100% up.

megawealth01:
You bought too. I load am withy last card

Na audio loading

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.