₦airaland Forum

RabbiDoracle:
If you have made like over 200% gain and you are ok with it knowing that your target was 150% gain, sell in tranches....60% of your holdings.
Watch the market if the herds are still bidding high, dash them another 20%

Continue watching, if it goes high again....dash them 19% ...and just keep between 200k too 1m units of that stock just to use and answer PRESENT SIR during roll call.

Agbalowomeri:
All experts are experts on what was
There is no expert on what will be

RabbiDoracle:
When reversal comes, the door will be too narrow ooo.

Shed weight if you can.

There is news of militants wanting to start blowing pipelines again. If this isn't checked by the government, it won't go well in the market.

Control your greed. I have gone lean in this market.

Safe trip guys. I have alighted at Sokoto, you guys can continue to Libya

dipoolowoo:
CBN Keeps Rates at 14% in Absence of MPC Meeting
https://www.businesspost.ng/2018/01/22/cbn-keeps-rates-14-absence-mpc-meeting/

N68b Maturing Bills to Buoy Stability in Financial System Liquidity
https://www.businesspost.ng/2018/01/22/n68b-maturing-bills-buoy-stability-financial-system-liquidity/

RabbiDoracle:
Make una dey enjoy.

I get hip pains, I can't rush when the door is tight. Better to leave early. Una wey be ninjas can fly if there is a narrowed door.

Still have limited presence in the market sha.

Na just to use answer PRESENT SIR.

Parisfran:
A lot of stocks have done that. Even last year UBA was about 3 Naira and I feel it will touch 20 Naira. Diamond and Fidelity were pretty high before they fell as low as N1. If our macroeconomic activity keeps being good, most stocks could touch their all time highs in a few months.

Full disclosure I sold my Caverton with a healthy profit because I know that it has liquidity issues. I added to my fbnh with the money, no regrets yet.

RabbiDoracle:
Under my mattress.

RabbiDoracle:
At GTB current price, if they pay N2 as dividend, it is a dividend yield less than 4%

DY are getting smaller.

My rule is to follow DY when the bears come or go with price appreciation when DY falls(during bulls). Very few stocks will do 10% DY.

Your strategy may be different.

RabbiDoracle:
Don't look below the belt..
Look above the belt.

RabbiDoracle:
This price acceleration is too fast. It isn't gentle.

Some people will carry the last can soon.

Princkez:
next FO in making is OANDO....plss your DD

Parisfran:
I wonder why we can hold a losing stock for 4 years but a winning stock after 3 weeks will be doing us to sell.

I got my FCMB stock at the average cost of N 1.11 last year, when it made 100%, it took every fiber of my being for me not to sell it. We want to be value investors and read Benjamin Graham but to actually live the rules and methods is such a big challenge.

I'm an active reader of this thread and I don't comment much but I digest everything here. One of the most beautiful stories I have read here is about the guy that bought FO at N10 and sold at N200. There is no telling which stock will be my 2015 FO, but I don't even pretend to guess which of my 10 stocks will do that but I know that its only if I sit tight and follow my thought out system that I can possibly achieve that. I also know of a Company that got ACCESS bank shares for about N2 in 2006 and sold for N19 in 2007. We don't underestimate a Bear era in this forum (which is a good thing), lets not also underestimate a Bull era. The rules for both are different. If MMM could hold our attention as Nigerians for 1 yr before it finally ended, there is no telling when this mad bull of ours would end. It could be tomorrow and it could also be in 9 months.

I know the trading week might start tomorrow and throw all my analysis inside gutter, but I only live once

Yayira:
time will tell

Agbalowomeri:
Most bulls come in bursts. I do not see much happening second half of the year

safepaulooo:
Even if we are long way, irs Important to ask, is it a sprint to the finish line in one month dash or a year long marathon? Personally I think the latter applies. The growth in market indices to desired target will span the entire 2018. So be wise to discern it's temporary breaks. My opinion.....

locodemy:
Expect the upward movement after their court case next month.I.e if they win or slight punishment.

bigjay01:
provide 2016 audited eps then you might be lucky

Chibuking81:
Please who know Skye bank 2017, q3 EPS?

RabbiDoracle:
When drowning you are thrown up....then you go down....thrown up again...then you go down... thrown for the last time.....then goodbye Janet!

onegentleguy:
...My Oracle. ...Fine illustration my dear.
I quite understand ur stand to be cautiously optimistic.

Investnow2017:
Until they get to the roundabout of #4.50, they wont reverse The drivers know their destination. That is the risk, that is the joy

GTay:
The market is like a chess game...I'm just monitoring events [bids/offers] and tapping my fingers
Meanwhile, the other finger is on the trigger

I really wonder how we survived so long without real-time data

Yayira:
I withdraw my own complain sir. But sir ehn, you see weytin they happen for market so, don pass fair price and fundamentals oo. You know say Lawunion do 9.09% today ? Hmm sir this not the time to warn someone oo. Just fold your hands and observe

MYMINDER:
Foreign investors have a minimum market capitalization screen for stocks in countries. Only Access survives this initial screening. It is not about the price per share but the market value of the company as an INITIAL filter when it comes to foreign institutional investment. Be informed.

Yayira:

emmanuelewumi:
It happened with Presco, I think they came in when it was around N5.00 and left at N20.00 or thereabout.

samzepaparazi:
Oil spill in china.

Next week will be mad

currentprice:
Bell Ringing...

it time to go home let go and rest our bone