₦airaland Forum

megawealth01:
You too wan enter this... Make una careful sha

I want jijo with afolabi units na

PharmAlfred:
When the world has found vaccines already, it is now they want to give M&B money. Why wait this long?

Well, boys must chop

we want to follow chop, men like TY Danjuma, Buhari person get stake for may and baker

may baker may uno release small offers na

nitrogen:
Well, my current route is pure investment banking/corporate finance, and I wanta try and use CFA to cross to PE or even Hedge fund, but then we are just emerging so only few PEs and HFs are on ground. I really don't mind moving to Europe or Asia or even subsaharan countries like SA.

I guess you have figured out the difference between CISI and CFA, you are actually after financial planning or wealth management/advisory which makes sense, less work great pay and huge bonuses.

As madam wey you be, you can write CFA later so you can fully understand finance and become more exposed to various products that will benefit your clients (wealthy individuals, families and even foundations) both in terms of risk and return.

Takes time and dedication, but it's worth it.

Did you complete your cfa? That exam no be beans oh

emmanuelewumi:
His business is generating steady cash flow, I think his children are well educated and they are giving their father sound Investment advice

Peace Motor Transport might grow so big, becoming a holding company that will be earning billions of Naira as Investment income from dividends, rents, coupons etc sometimes in the future.

I learnt he also has a microfinance bank

Listing it on the stock exchange would be smart though he may not want the stress of regulation and the company finances being public

emmanuelewumi:
There will be a bull run on May and Baker next week.


The owner of Peace Motor Transport should be a happy man now, recently became the second biggest shareholder of this company

Wow that man is a big man oh, he also bought c and I leasing recently

Is this news true, May and baker Nigeria vaccine collaboration.
https://www.google.com/amp/s/thenationonlineng.net/nec-okays-local-production-of-covid-19-vaccines/amp/

megawealth01:
Maybe he has bought into TRANSCORP or any other pick

That news is bearish for oil na, high supply/inventories = price falls

Ekuu insurance oh

thebargainhunte:
Anyway, I don't see oil phasing out too soon. But surely, green energy is the future. In 19th century, we saw how coal was replaced with oil. In this century, there might be a shift too.

I agree boss

mbenefit full offer

wapic no bid

jumped out of insurance fully, this bull was cool

megawealth01:
WOW that's nice... Everyone has seen that I have nothing to do with BULLS in any penny stock I move in... Nobody here influences Mr. Market on any STOCK

I enjoy penny stocks this season, let me go back to my fundamental stocks before I get addicted abeg

megawealth01:
You still dey the bus... I sold all last week to enter TRANSCORP

I’ve been selling some batches, I just want to sell my last batch for 1 naira for sentimental reasons two more days of 10% would send it to #1

When is wapic reaching 1, make I sell. Anyone queuing should bid well na let offers be released

Mcy56:
Beware of woundjurement with this your Courtville o. Wanted to warn you earlier.

What news is it riding on? General Penny stock bull?
CHAMS can't be compared here.

Btw, you're in many stocks, you must be moving around with bullion van.
Abeg don't forget your paddy o.

Na jijo na, no catching feelings on stock

megawealth01:
Still on the matter... I have been acquiring COURTEVILLE for days now... Abeg na GAMBLE oooooo... No news yet oooooo


DD always

You see the volume? Huge volume.., i mentioned it sometime

megawealth01:
WAPIC #1

No be them get that fine office in Ikoyi, that’s all the research I need

Mcy56:
Still searching for the gold oooo, it's like the journey is still far......

@ebuka1997 : Hope you can see Royalex now. You were too quick to jump out, didn't even wait for the goodies.......hope you're in another moving bus anyway.

Lol I’m in wapic till 1 naira

thebargainhunte:
China is the biggest market for electric car, China is home to maglev train (magnetic levitational train) , and China is making effort to cut down coal usage to reduce green house effect. Oyibo people are funny because they dedicate everything for Africans. There are electric bikes in Nigeria already and you think we will not copy them. Since we failed to develope other sectors, when oyibo man caugh, we wouldn't hesitate to cough too.

Of course na, what’s the population of China. China is the market for everything, China big oh, including Macau, Inner Mongolia and other autonomous regions. As China uses green energy it uses Oil and others even more. It is the World’s largest oil importer, the death of oil is greatly exaggerated, green energy is even more cost intensive. All these electric vehicle people talk about, how scalable is it. China is the largest country with about only 2 million electric cars in a country of a billion. developing countries cant afford the infrastructure necessary for scaling green energy. Oil is still an important commodity for the foreseeable future, all these oyibo countries, what was the stimulus for the industrial revolution that made them industrialized was it not the same oil, developing countries need fossil fuels

thebargainhunte:
Nigeria too needs to learn. I don't know how long is going to take this country to invest in other sectors, so that we wouldn't be hit hard again. Things are changing, the world is changing, and we need to step up our games. We need to adopt other methods of survival away from crude oil. Our black gold will soon be a waste because countries are going green. A lot of laws are going to be strict concerning climate change. IMO is going to be strict on ICE vessels, electric cars are going to replace ICE cars. Levitational trains and electric trains are going to replace locomotive trains. And presently, we are having automous vessels and remote control vessels
all powered by electricity. Nigeria is going to be in trouble if we don't bring back agriculture to life. What can we give the world without crude oil?
Let's wait for Biden team on climate change.

Developing third world countries don’t have the leeway of transitioning to green energy. This oyibo they funny, they built their country on the back of this energy with the likes of Rockefeller, van der bilt. It’s now now they know of global warming. African countries should not listen to the likes of Greta thurnberg and Paris climate people. China is not even listening, they’re still using coal and the likes to quietly develop their economy. Trump even left because he knows it’s exaggerated but with Biden in, the game is different

megawealth01:
You sabi the game nwanne... Like WAPIC... I don drop the first port... Although I believe in that coy... It's inherited by ACCESS BANK as part of the take over deal from the defunct Intercontinental Bank and they have investment banking inclusive in their coy... They have a baptism name CORONATION sef... I am trying to see if I can make 200-300% from WAPIC...

Note

Please this isn't a buy recommendation ooooo as I have started offloading WAPIC sef... Nobody should quote me ooooooo. Na GAMBLE I dey as I can waka anytime oooooo

Na aig get wapic na

The volume on courtville stock though, is something brewing

ositadiima1:
I am not going to go into the details regarding the equation that outputs the RSI values, it is quite well documented online. For u guys that like books you can check out 'New Concepts In Technical Trading Systems' by J. Wilder himself. In there you will find the RSI and other indicators developed by the author.

With a python script I was able to run a few tests and deciphered a few things.

The RSI possesses predictive powers, but, you have to dig deep to get to it.

I will not be posting detail results this time maybe later.

These set of parameters made ok returns in my back test:
1. I used the standard 14 day period to compute the RSI
2. Buy when RSI goes to 30 or below (Number 3 must be true for this to be true).
3. Buy only if the volume traded on the previous day was 20,000,000 or above (It doesn't matter what stock it is).
4. At least a 90 days holding period after stock purchase. You need huge discipline for this, their will be ups and downs.
5. Invest same amount on each trade i.e N500,000 or what ever. (Don't worry, trades matching this criteria will be very few)

Some results:
1. Stock data: March, 2020 to December, 2020
2. In total 20 trades: 18 winning trades and 2 losing trades.
3. Used 500,000 per trade
4. Total turnover was 10,000,000
5. Profit after trading fees 3,894,000

In fact, I will be adopting this strategy after a few more tests

#systematic_trader

Do you have a twitter account where you post some of these

megawealth01:
Your welcome... Define your investment goal... Use your gains to buy dividend yielding stocks especially when there is a major correction...

Always leave penny stocks when you have made a lot or when others are busy queuing up to buy

Nwanne you no need tell me, I’m loading off little by little just leaving some tashere units for speculation

Bbbwings:
Pls is chams insurance too?

Dry bones rise together

Thanks mcy56 and megawealth, we chop this insurance bull well. Kudos

Hello bro how is it now, I’m experiencing the same

rossoki:
You're just a loud dunce.

Go and learn the value of RAILWAYS in the development of a country, and how they drastically reduce the cost of doing business, leading to economic and industrial development.

The USA became the world's biggest economy on the strength of its massive investment in rail.

Big mouth critic with zero thinking ability.

Fool talking about ''half the money will be looted''. Which money? No money changes hands. The loan is about China funding the construction of the railway. It is a contract to build, not to hand anybody money.

Olodo people. Only big mouth to criticise, yet you know nothing.

Easy with the guy na, like they say agenda must agend

Damn nigurrr

RIP