₦airaland Forum

myjoy08:
I have to congratulate team Transcorp, Ubcap, Fcmb, Fidelity, Uba etc. once again. Enjoy your loots ooooo!

Thank you Myjoy! Of all my holdings, Fidelity was less promising. But am happy I bought at @ 1.18 and still patiently waiting for it to touch 2.0 before I off- load. I hope it gets there anytime soon.

dotstay01:
good day house, nice job @all. @myjoy does your post imply all those in d mentioned coy should strt selling cause dats only when they can enjoy their loot. thanks.

Thank you Myjoy!

PETERiCHY:
If you buy FCMB or SKYE above #2:00k you are on your own. as per FBN is already saturated.
Forget the market noise Smart traders are simply recouping their investment before the D day. Don't say you were not warned. .

Correct!

Chibuking81:
let the ship be down first, which I will joyfully enter the good ones and take my long time position. Untill them I will mention them.

Exactly what week of this month do you think we should expect this ''great bear'' so that we can wait for it, catch it and kill?

GREED and FEAR - driving the market since time immemorial !

Born2berich:
Ok sir, time will tell.

For every buyer there is a seller, and the future will prove one of them to have made a mistake- Oracle.

#Issokay

Born2berich:
Rule number 1: Buy low sell high.

No sir. I beg to differ with you! Your rule only apply to long term investors. The best rule for short term is to Buy high and sell higher. Buying when the prices are falling is like trying to catch a falling knife.

Born2berich:
I actually thought i was the only one who noticed..At a point it was as if it was only sterling that was been traded..Am still not interested though. Right now am patiently waiting for some to come to my junction as usual.

Patience is a virtue.

Am not interested too. But the traffic on that stock aroused my curiosity! My brother this ''your junction''eehhh. Its always advisable to get in when they prices are going north than south.

What is happening to sterling Bank? Some guys may be seeing what we are not seeing!

Unpredictable NSE !

jp130:
Plz o hw do i make morgan upload my payment? I paid tru zenith wit my full name

Call them on : 08107596134

zendi:
Na so. Though e bi like say profit taking wan shake market today.

Yes ooo . E shake my UBA. All JIJO men just need to shine their eyes and be extremely alert!

zendi:
Man just dey ride this bull with one eye on one date wey them circle for the wall calender.
hmn.., but that date still far small sha.

No be lie you talk my brother. We will put two eyes on the date as the date approaches say 2wks.

Aks:
You are so on point.

@FrankTalk1, Cutting loss @ 8% is easier said than done. I have been in this shoe b4 and i know it

My brother I too have been there several times. Even if your portfolio is made of fundamentally strong company, putting down your pride and being bold enough to cutting your losses at an early stage is the most sensible thing to do EXCEPT IF YOU ARE WILLING TO ALLOW YOUR MONEY TO BE TIED DOWN FOR A LONG TIME.

Time is what we are looking at here! It is far easier and faster to recover from an 8% loss and even go ahead to make profits by entering into another deal, than it is from a 55% loss! The problem with many of us is that we get too emotionally attached to our holding and find it difficult to let go even when we see that we are progressively loosing money. We are all in this market to make money and that should be your focus and therefore to achieve this, you should always try to minimize your losses and lockdown your gains before they disappear.

Disclaimer: This is just my personal strategy which works for me. Several persons have their own strategy. Do whatever suits you investment goal.

bigass:
A friend just told me she lost 5.5 million. She invested 10 million last year in NSE now her portfolio is worth 4.5 million. Trade with care oooo

I think she never kept an eye on her portfolio. If she did, she could not have allowed it to turn out into a major loss - a whooping 55% loss.
Many experts always advise to sell your holding when you have made a progressive loss of no more than 8%. ( Or sell when you have made a profit of 20 - 25% ).

However if she is in it for the long run - say years, then she shouldn't be too bothered about it since there could be a come-back after all - although it may take a long time.

The bear is growing horns.

chukyjones:
its not just falling down but "crashing down"

its a pity am so cashless right now!

My brother if you see where you can borrow without interest pls do. This kind opportunity don't come too often.

Chibuking81:
Hello pals, una dey?

My Honourable Stock Prophet. Your prophecy have come true!

'' London bridge is falling down!''

Akinmail:
I was caught in transcorp sha. Couldn't JIJO out.

Looking at dangcement. Nice company all round. Big enough for JIJO.

Juicy enough for medium term hold.

52 week range of Dangcement is 151.1 - 250
Current price is 152 naira

These are the things involved. ..
1. For dangcement to go back to 200 and above the general mood of the market must have changed and there should be an upward swing.

2. There will be some sort of bull period immediately after this bear and dangcement will be leading the park. I will definitely be in for the JIJO.

3. Dangcement will definitely go back to 200 naira and above in the long term. I REPEAT DANGCEMENT WILL GO BACK TO 200 AND ABOVE! !!

4. This is the holy grail of investment. HAVING KNOWLEDGE OF A SURE EVENT.
DANGCEMENT GOING BACK TO 200 AND ABOVE IS A SURE EVENT.

5. If I ever need a "cleaning service" then I'll definitely call Mr. Chogon

6. I am the king of the Bulls and the Bears and the gentiles.

If this trend continue, we may even get it at below 100 . At least it sold for 145 today.

myjoy08:
That is a big task u ask from me. Am only buying 4-5 companies and most of them are banking sector.

UBA
Diamond
FBNH/FCMB
Transcorp

From those one listed above, i have 3 companies in my portfolio...and waiting some (and the buying decision is not made yet)!

Hmmmm. Thanks. I have all you listed above except Diamond. Oando is calling. . .

myjoy08:
Sir, you can't buy all. I will advise that your focus should be directed between 3-5 companies. Too much of this buy will be a distractions.

Thanks a lot. I am just strengthening my positions by getting more holdings in the companies that I already have a stake in. However, the give away prices in the market now are just alluring and almost irresistible!!! Given the current state of the market and from your analysis please what companies attract you?

myjoy08:
Magical NSE...It is well, Well, and WELL.

Even the usually resilient companies are not withstanding the shake. So much opportunities to buy, buy and buy!!!

Youngzedd:
OANDO now 13.91.

Odikwa very risk.

Patiently waiting @10 junction.

You can buy a bit now @ 13.91 while you await for what may not come.

myjoy08:
Sir, nothing goes down forever. It is very certain that market will definitely pick up soon (time unknown but not far...). The secrets is to keep buying the fundamentals strong stocks (in tranches) without being distracted by all these noise (temporary challenges).

Hmmmmm. I see. I like that spirit.

myjoy08:
Very very interesting sir, and despite all the pitfalls, we will finish it strong (profitable) and in a fruitful destination. It is well, well, and WELL.

Dear myjoy08 and stockbull you both seem undisturbed in all these . What's the secret ? Longterm style or JIJO?

Aks:
My advise to those @ the receiving end of this BEAR is to HOLD on and not sell for now. If you are a good student on NSE, you will discover that after BEAR of few days, BULL will definitely surface. I won't be surprised if we see Rally by Thursday

Thanks bro. Good advice. But some experts advice setting and selling at a stop-loss point of 6 - 8% loss. With a view to re- entering at a much lower price should the bear continue. What do you think?

FranklinRich:
So are people wanting to buy low so they can gain

That's the irony of the market.

lancee:
down more

People are loosing money and you are saying down more?

Wahala dey oooo. GTB selling at 19.90.

Great grand papa bear!

jamace:
Bitl, are you a teacher?

Election has been postponed for 6 weeks: https://www.nairaland.com/2135365/elections-shifted-march-28-april

. It's a keypad error my bro. We all experience it sometimes when typing ,especially when using mobile phone. Thanks to the ' teacher' any way.

alphabanks:
What effect will postponement of elections have on the market?

. It's very unlikely that the election will be post phoned.