Streetinvestor2: That is good buy if you got sugar at that price. I didn't see when it got to that price.I bought few sugar at even #60 but I was averaging up so it didn't matter.
The 29.50 price is for salt... Shebi laslas all na Dangfoods
ositadima1: LOL, I only lost 800k. I sold just below my buy price. I've already put it to good use elsewhere, and I have recovered. I'm planning to sell that one too. I'm scraping 10-10 where I can, and I'll come back to sugar next year after the results.
800k only? 800k will be only for me soon in Jesus name Amen
aj8: Always take profits off the table. RT BRISCOE is at 1.33 . Target remains same. Same goes for Veritaskap . Take profits along the journey and bank. I took off some of my Veritaskap not minding the full bid.
Streetinvestor2: Rice has always been in the marger but was not physically on ground. The arrangement was for 1 rice you have 11 sugar. Which I screamed it was a scam from alhaji to take more sugar for himself without us really knowing what rice was bringing to the table
I meant his worry about the loss in Sugar and how the merger will help. I was trying to remind him that with the merger, rice would come on board. I also want to believe that the investment in the biological asset would turn things around when it starts yielding
Streetinvestor2: It is very possible but the stock will hover around 13-15 for a long time.You target is possible if Q1 2025 does not come out well to defend 18B Os
I don't mind at all. I'll wait patiently and be on the lookout
Streetinvestor2: You know you are here because you want to trade not for long time.You know you want to sell at #15 and you then see the stock at #16 bid .what stopped u from selling. Then you now see it below #15 the next day.You rush to put sell order below #15.Truely you see the market as betnaija you can cash out at even small gain.You will only end up making money from the market to eat food.While you hear others in the same market becoming millionaire and creating real wealth
My oga.... Sometimes, turnover helps build the needed capital faster to be able to invest heavily for a long term timeframe.. I humbly speak from my personal experience
mikeapollo: Why not grant Wale some benefit of the doubt and take advantage of the current positive wave in Oando? Do you think Wale would like to add his name and join the queue of another ''Tinubu'' to be bashed and cursed by Nigerians? I think he would like to do something to redeem the negative image that president Tinubu has caused their family!
Streetinvestor2: From the result I have checked as per Hi result. I like what I saw in c and I,Veritas insurance. I am waiting for corners stone result but the dividend of last Yr is a good sign.Ikaja hotel result is equally good if you can get it lower though it does not fall into penny stock for me. My definition of penny stocks is anything below #5 now.Anything below #2 is good buy for cham too.This are the ones I checked and 1 am okey with result because earnings came from thr original business not forex gain or one time profit from something .
Streetinvestor2: Madam pls don't try it if you want penny stocks to buy.Thr are plenty with promising future based on HI results out.I would have moved into some but I don't want penny stocks anymore apart from chams that I am already in it
yMcy56: There's strong accumulation of OANDO! The more offer is coming out @30.55, the more they're clearing it! Are institutional investors involved too? Or the Asset managers? Or maybe FPIs self? Chai! No be small thing oo......demand seems more than supply 34M+ units done in transactions so far ....
Abeg, make dem help DS /NS ministry with 100k o.. .
ositadima1: I never knew CP pulled entry prices from a hat; I thought he used the FA, aka bedsheet. How do you expect the old entries to still hold in light of new information? It is well. If I tell you that if the merger lingers till year-end DS will touch 20, you will say I don't know what I am talking about. Watch that 46 closely; if it breaks through that before breaking through 30, then I know 20 is not happening. But if it gets to 30, then hmmmm.
By the way, I pulled out today with a small loss. I have invested since the middle of last year. I was in when it hit 80, and now this. Let me put the money somewhere else while I watch it. I will come back in later when I see improvements. If the merger happens while I am out, it's ok. You win some and you lose some. Let the money be generating some returns first. I wish the people on the bus luck. I will keep posting my analysis as I get more info.
Hi Osi. Thank you for this. In light of their H1 performance, I've decided to hold on on my re-entry to DS till I see greenlight. As for NS Omo! 40% loss is a hard pill to swallow o. If the merger news comes like a thief in the night then at least my NS go still be DangFoods ... But for now, na Siddan look. I'd just channel my funds elsewhere rather than to average down. God will be with everybody 🥲🥲