₦airaland Forum

Locotrader:
I am happy for you.
You have used voice of the elders make money for yourself severally in the stock market.

When you bend down you go see well

Chief, thank you sir

The rare opportunity to jump into UBA and Transcorp this morning at 22.40 and 11.76 respectively came and I'm glad I took it

thebargainhunte:
I panic sold my Dangote shares in the last mayhem. I thought the price would crash for me to buy more, but I was wrong. At which price do you think dangfoods would be listed? I think Nascon would declare more dividends than dangsugar in their FY 2023. Do you think dangfoods would come onboard before April 2024?

Do you think they'd declare dividend with the ongoing merger? I don zero my mind comot for dividend o

Harvestock01:
Lucky you. Please don't be angry if it tests that price again because it is just some people's prayers answered 🙏

lol. Na to buy more nooni because there's an "expected end" (right issue)

Harvestock01:
I hope you were able to buy?

I did

BullBearMkt:
4.99 is good; 4.50 is better

Took your advice. Thank you. Oga Loco thank you sir

Locotrader:
Why asking.Hope you know it was on the move before the pullback?

And right issue talk on progress

Grab

I sold at above 6.48 with a wacc of 5.12. I want to re-enter because of the right issue talk in progress. Thank you

Please is 4.99 a good entry price for INTRBREW?

Willie2015:
U forgot to add TIP
@ N3.23 still on full bid...

Oga Loco thank you for this Tip o.

Mfunkynation:
You are quoting the wrong person ooooo

I was agreeing with what he said

Streetinvestor2:
Look at it this way
1 Mr A comes here to say his buy decisions is based on TA which I don't believe in and no wahala
2 Mr B comes to say his buy decisions is based on FA and no wahala because I believe in it.
3 Mr C which I belong ,comes and say his buy decisions is based on what he sees on the street and no wahala
4.Mr D says his decisions to buy is based on gambling which could be odd from a madman on the street and no wahala
5.Mr E says his decisions to buy came after taking enough alcohol and no wahala
6.Mr F says I can't buy anything breweries because of religion and no wahala
7.Mr G says his decisions came after coming down from different women and no wahala.
8.Mr F only buys after being spoon fed here and no wahala
And the decisions to buy continues based on different reasons


So why should you have wahala for another Mrs/miss who says her own is based on her Christian faith or revelations. Then went ahead to acknowledge God first and the forum members second. I am not a religious person because I don't believe in that.I am a Christian by faith

My Oga, e tire me o. Because I don't understand how someone would be pressed that she said what worked for her. She didn't put a gVn to your head to agree with her but why attack her like that? Odiegwu... God will keep showing us the way... Amen

yMcy56:
Hhmmm.........
Closed on full bid @19

https://doclib.ngxgroup.com/Financial_NewsDocs/Eterna_Plc_-_Announcement_on_Dangote_Refinery.pdf

No wonder Kai... Nne you don't know what you've done for me . Thank you so much... My Ṣugar, Salt (holding till relisting), now Eterna, transcorp and Intbrew making me happy 😊

Eterna has finally answered... I'm so loving this

@Ymycy56 you saw into the future o

megawealth01:
AFRIPRUDENTIAL at single digit in this bull is golden... That stock belong to the double digits realms...

E go loud gaan... TONY do quick run this one for boiz na

I picked some at 8.60 when you pointed it out. Thank you

emmasoft:
The NASD platform is just like the NGX with quoted companies.

However, the market is not very active as the NGX.
Like oga Emma pointed out, just few companies are traded regularly. Most of the shareholders in NASD companies buy to hold. They are mostly owners. You hardly see traders there. Many of the deals you see in NASD are cross deals. Also not all stockbroking firms have the license to operate on NASD.

To participant in NASD market, you will need to open a NASD cscs account.
Note that all trades are through your stockbroker. No online trading platform for investors. It operates like the early days of the NSE where you have to send buy/sell orders to your broker by email to execute on your behalf.

If you are interested in opening a NASD account, you can come over to investment one stockbrokers. Get in touch to get account opening form.

Good morning sir. Thank you for being so generous with this info. Please how can I monitor the market to be able to make decisions? Can you point me to any thread on NL or any material you can recommend?

emmanuelewumi:
Very few stocks are liquid on NASD.


Afriland Properties

Niger Delta Exploration

CSCS

Friesland Wamco

Good evening sir.

Trust you had a great day.
Please could you be so kind to point me to a NASD thread? I'm curious to learn and know how it works. Thank you

yMcy56:
Some of the stocks are reversing yesterday's shedding.......
Fighting the bear seriously.......
Bids increasing in some as at now......

Maybe it's too early to conclude, let's see how it goes.....

Agba won't like this news 🤭


* Cadbury responding to the debt conversion to equity news.......
* UNILEVER: Bids outweigh offers.......could it be due to Cadbury positive news or some other positive news yet to be made public?

I picked small transcorp at 11.80

currentprice:
the last talk from bedsheet which i share here was hold your stock/portfolio very well, it not yet time to sell anything yet until like February/1st Q 2024.

i invest in what i posted here and i am too heavy on DS and uba reason am in my hole watching.

Bookmarked

megawealth01:
If you can EMAIL me I go drop am free of charge as per my person

👀👀 make I mail you too?

Banks ehn... Kai! I'm thankful for my sugar and salt... I know Eterna will pickup as it's already doing so. I'll just hold on tight. Ymycy, Currentprice and Pa Emma thank you so much once again. 2024 is already looking great from here

Loco see your Caverton

Llyodsjids:
I do know the current exchange rate is terrible and so the prices of everything especially gadgets have increased significantly
But I'll need recommendations for a smartphone of 250k
I'm a power user so I want a decent battery life, a fast processor, 5G and a decent camera

Vivo phones are great

yMcy56:
UNITY
Touched 1.31 earlier.....
Reversed up and currently sighted @1.53......
Now full bid @1.54!

I knowingly didn't mention it when it started moving up, so they won't say it's the post that made Nsempas to go and buy it.....

they should not tag one of mentors a MH biko. I grabbed some when it deeped funny enough

yMcy56:

You don get triple promotion, oya drop your Sugar analysis.

God abeg

sboga:
Just libbish loco B the Peter richly with diff monikar

Gina and emma na same person o

Dis ppl very crooks

Odiegwu!! I no be mycy again. Na oga Emma I be

emmanuelewumi:
You are not a newbie, it is an experience trader or investor that can successful take a position using credit facility

I feel flattered that you don't consider me one sir but I started trading in 2022 after learning from mentors here and offline for like 6months

ositadima1:
Ginalex is a wife material, but Mcy56 too know oo, you and she will mostly engage in arguments over trivial matters oo.

Ah! Mcy56 is one of the people I look up to and respect a lot on this thread. She has been so generous to newbies like us and we only pray that she never lacks helpers as she has been giving freely without expecting anything in return (not that it's a bad thing to charge a fee for the treasures being dropped here).

emmanuelewumi:
You are a strong woman.

My average price is less than N20.

I sold half between N62 and N63 and invested in Fixed Income at an average yield of 17%.

I hope to borrow against the Fixed Income Investment to buy more of Dangote Sugar next week or first week of December 2023

The temptation strong o especially when I saw 70% gain but N100 is the goal

emmanuelewumi:
Do they give the loans solely for stock purchase or one can also use the loan for business and personal expenses

I've not attempted to drawdown from my margin apart from trading stocks but I'd check and give you a feedback.

emmanuelewumi:
And you made about 50% during that period

I haven't sold yet . I'm waiting for my N100 target price....

emmanuelewumi:
Who gave you the loan? What was the interest rate per annum?


Since you paid back within 30 days, the interest paid should be the equivalent of roughly 2% per month

23%( approximately 1.92% per month). CardinalStone

emmanuelewumi:
Borrow against your shares at 20% to 22% per annum.

You can't have shares and be complaining about lack of money to harness investment and business opportunities

I did this when I wanted to buy Sugar when it had just started rallying . Used funds margin to load tashere sugar @ 42+, then paid down the loan the next month when the inflow I was expecting came in so that them go stop to charge me margin interest. Just waiting for 1quarter make I reap the fruit of my labour. You may not know it but you gave me the audacity to make that decision. So I want to say thank you sir.