onegentleguy:


It takes someone who understand to know that aside FA and TA there's called sentimental analysis. ...which is oftentimes the biggest driving force to ASSET PRICING and quest for AR(actual return) raking-off risk.
It also takes a bit more to know how to relate it to its peculiar top-down and/or bottom -up approach.

When u do u'll understand why many certain heath coys have recorded massive gains in the US, EU and most EMs.

But like I said before; U have the exclusive right to suit urself. ...just believe in what u so chose and live on with it.
U hold that right, and NO one can question u on it !!

Good luck my dear !!

You have still not said anything sir to detract from my point that it’s a pump and dump.

Health companies have recorded massive gains so Neimeth must record too? That is as BS as BS is. Lol!

Remember in the beginning, you brought up GSK and Fidson. That was a huge mistake, and why I created that story.

My question now is sir, why are you being so defensive? I mean you were right, you made money. I am only saying the pattern follows that of a classic pump and dump.

Sentimental analysis? - hahahahahahahahaha

Chai! This life...

DrAwo:
5 year analysis/ Q1 2019 & 2020 for Nestle Nigeria...
Enjoy...

I like what you do sir.

Keep it up.

nna777:


Am sure your definition of volume is where the contention is. Volume for liquid stock like zenith is different from volume for illiquid stock like Neimeth (except you are a core investor or long termer).

I am not talking about “theory of liquidity relativity” here.

Look at the bids and asks, then the daily volume and see how they gradually go up, then after a certain point, ultra-high volume (cash out), and then a continuous daily drop with a drop in volume. Why? What fundamentals Or Technicals influenced this?

Even at current price Neimeth is still overvalued, more expensive than GSK and Fidson mentioned.

locodemy:


Not on loco's head.
Maybe mcy's head or any other nsempa member you go add more units.

Hahahahahahahaha

rebekah2011:
You have experience not by what happened to others but to you. So I will understand why you want to be careful and play it safe with all your future investments. some are yet to get to where you are currently at and please allow them to learn there is always a lesson to pick from this market at every moment. I always remember Oracle, he will say, I am a fat man and there is little room for me to get out when everyone is trying to get out at the same time. I am yet to become a fat man like him and I am still learning how to play this JIJO.

You are wrong sir about “My experience not being what happened to others”. If you know what I do, you wouldn’t say that.

Thing is, I don’t have anything against anyone. I just called the Neimeth as I saw it. Pump and Dump.

See sir, In cases like these only a few can cash out and that is relative to how much they put in. I am telling you that pump and dump is not large enough for a certain amount of cash that some people here will definitely laugh at.

See en, what made Neimeth so special that the value rose like that? It was the perfect Security for the pump and dump. That is what some securities are good for. Pump and dumps.

He cited pharmaceuticals around the world. Will Neimeth cure Corona?

nna777:


I agree on this. That's why it's important to understand trading patterns of stocks.Neimeth is a stock that when it moves, it moves and when it drops, it drops.

When you buy a stock like Neimeth, you buy in volume but when you sell, you sell in tranches.

If many people here bought in volume and try to sell in trenches like your strategy is suggesting, I can bet out of that “many”, 90% will still be trapped. The rest will average down the sales to 10-30% of their money. That is if they even see anyone to buy it. Lol!

onegentleguy:



The part in bold shows u probably don't understand how to play coys that are relatively illiquid.
U don't wait to trade-off or exit in bulk. ...u seek to execute in trenches/proportions at a pre-determined position size in line with ur investing personality and laid out goals.
Trade execution has to be STRATEGIC, else u get trapped !!
I mentioned it here how I exited over a 40-40-20 % mapping.(see post above)
Its just like when u hold 20-50M unit of ZENITH bank. ...U must seek to activate the same exit pattern.

That N3M u mentioned could have bought only 7.5M unit. NEIMETH was on full bid, doing well average daily and weekly volumes for near 2 weeks, with volumes sometimes surpassing 5M @ highest bid price when its on full bid.
An investor with 7.5M units only needs to sell 2.5M @ the day high everyday for 3 days.(or 1.5M for 5 days). He could easily started out his exitN250 above N2.2 and sell off before the pullback.

Like I always tell folks;
Dont just seek to be an investor... be a STRATEGIC ONE !!

Not so strategic for people left holding the Kaya. All this one you are saying sir, I have been in the trenches of illiquidity and dirty mud pulling me and my asset down slowly while we watched on with nothing to do. Strategy you say? Strategy is useless when you can’t predict mass human behaviour or the psychological Capacity of people in the market. Finance is much more about psychology than knowledge of Finance itself.

What other people could have done doesn’t matter. It is what happened that I am saying and if you check what someone here posted, you will see there was a huge volume on the 26th, most probably the day of the cash out, the day of the soldado...

And what then happened days after that? The numbers don’t lie. Neimeth keeps crashing down daily and shares traded keeps going down with it. Classic pump and dump. I have experience in the crypto world seen it very well, so I know the pattern. All those mathematics you are doing... lol!

DrAwo:

Mercy Mercy...
I gbadun your style well well...

Lemme ask you one question... If you were offered 100% of all the shares in Japaul right now, and you have enough money to buy it all, would you buy the company?

This question o...

onegentleguy:


So u are the only one who didn't know that GSK also delivered near 130% gain, and FIDSON over 102% in ROI.
For u, only NEIMETH delivered a gain good enough to tag it "a SUSPECT"

Some coys in the US, EU and a few EMs have delivered near 1000-1,500% gains, even with a far less healthy fundamental.
...but then, I know u won't tag them as pump and dump. Am sure u'd rather say its a well regulated mkt !!
But if a coy delivers above 300-500% here, it becomes a clear case of pump and dump.
What a world we live in !!

It is well.

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/5802#90945976
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/5029#84233673
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/4883#82582641

Long long ago, when human beings just evolved from being barbarians, slave trade was rampant and a particular Slave merchant was with many women, trying to sell them. Chauvinistic Heroes came around all gathered trying to buy a slave they will save and turn to a fair maiden, sweet life with no hate.

Along came a Beauty slave analyst, who picked a particular slave who looked middle age, blend and no particular attractive features, it was quite grave. Then he proclaimed “she is thus from the land of Procreate, in this times were many men and heroes cannot elongate their manhoods to it’s full estimate, I give you a woman of procreate worth a thousand gold coins”.

And the FOMO was real, the people gasped, and the auction began, the rush to a thousand gold coins a fortune of untold fantasies to behold. Until a noble thus scammed and finally bought her at 1,500 gold coins looked closely feeling cheated but trying to keep hope alive shouted “I have bought a precious slave, oh gemstones of Quality have I achieved”, to which many replied “congratulations“.

And a man, a nobody saw all that happened, and was wondering why no one questioned the question of quality questions? He asked his annoying questions and the Beauty analyst replied “look at this 2 other beautiful slaves all from the land of procreate, they could have sold for less, but one sold for 400 gold coins and the other 450 gold coins”. And the man who is a nobody looked closer and even though they were not top beauty standard, they were younger than first slave, more supple than the first slave, they had curves Kim Kardashian and Beyonce will kill for (he thought to himself who are those I just thought about? And his brain said they are in the future they fit this narrative and it will let our readers laugh too).

So the Nobody is wondering, if the Beauty analyst is basing is analysis on them coming from the land of procreate, then why are these two with better features, younger and everything at these prices? As Nobody was thinking about this...

There was a high piercing scream, the Nobleman had fainted, he tried to resell his slave and couldn’t do it at even 1,000 gold coins. Last price he asked for was 500 gold coins and the eyes in the other noblemen traders face told him he would have to drop that price more...


The End

machine606:
Thanks to all the ancestors here.
I have gone through quite a number of previous pages. Good work
we the new comers are learning. More Green to your dashboard.
plz will having more than two brokers hurt me anytime.
I am using chaka but it seems is for those operating in larger numbers. imagine paying 159 for stock of #2500. Or is it same with others. Also is it possible to tick companies you don't have their shares yet when filling for e-dividend forms?
Thanks.

Sent you an email. Please reply, thanks.

locodemy:


Ok.I see.
Long termer.
I am only concern about the money I make now.Tomorrow is not always certain.

Those who made money in Transcorp then knows not what you are talking.we can only remember there was a time we made a kill.

There will always be a kill in Transcorp.It never yet an abandoned property.

I am a long termer, but don’t think I wouldn’t go short term if what I hold becomes overvalued too fast. Hell! after I sell-off, I can even go the opposite direction just to milk more depending on my mental state and how much risk management I have put in place.

Loool! Mr Loco. Thanks for bantering with me this morning though. Some things have to be said, just said mine o.

locodemy:


Alright.lets move on.
Everyone can't be making money in this business as you want and it continues like that.

But talk true,if you were lucky to find yourself in Neimeth before the rally,will you agitate now,will you post all these?

Your sense of humour is unique.

Lucky to find myself in Neimeth? Sir I will never have been in it.

But I wish I would have been lucky to find myself at the opposite end, short-selling the life out of it. Did the same to Diamond and Transcorp, via an irregular means. Enjoyed it very much.

locodemy:


I had 1.2m units of that stock which I offloaded in one day.If I have up to 10m units,I would have offloaded it too 'cos the bids of the stock was in millions then.

Even the 1.2m units,I was not able to buy them in one day,it took me many days to get quite a number likewise jaiz bank took me many days to get a volume of it and I offloaded in one day.when the number of os at the floor is less than 30% of total os,it becomes a liquidity issue.

Some stocks are not available for people to buy and buyers are not also interested.Buyers are willing for Neimeth shares and that's why it did 10 10% for almost 3 weeks.

What anyone who is concern should do is to tackle the mgt to release more of the shares to the market.Free float deficiency is what we are battling in most Nigerian stocks.

I am seeing that coming to Japaul in the coming days after their right issue.

10 million would have crashed the price to immediate 10% down, and you would have to trade it the next day to continue. Don’t tell me what you would have done...

The average daily volume was available for everyone to see.

locodemy:


It is a small cap stock with free float issues.You don't expect it to trade more than it traded.

What moves stocks in that way is TA and sentiments.It has happened to Transcorp and livestock in the past if you remember.

So what do you have to say about that?

And I remember I warned people about Transcorp. Same angst against me then. What is happening to Transcorp today? What about the people unfortunately trapped in it?

dinyelutochukwu:

You’ve just echoed my concerns with NEIMETH. That stock lacks the volumes required for such a Bull-run.
But like Loco rightly said, those who have cashed out are smiling to the bank.

Of course. Doesn’t still change genuine concerns.

If the volume was significant, I won’t even bother, makes me question how much was actually made. With that volume do you think someone would have put in 3 million naira and seen it to cash out easily?

With this you begin to see it was most likely NSEMPA members who bought, and they were quite few or many people putting 30-50K. Lol!

Me I am just after the truth and facts o. Nothing more.

locodemy:


Health sector is doing well globally.If you rely on fundamentals to justify a stock this era,you may miss a lot of opportunities.

This stock you are talking about has delivered and delivered means delivered.Any other thing you are saying has nothing to do with people who have chop and cleaned mouth and hoping for another ride.

Neimeth's pullback is almost done.you will still see another rally.

Watch how the health sector suddenly turns liquid and technicals building stronger.Infact there will be serious bears when fundamentals return to the market sometime this year.

Sir. Forget the FA vs TA for now.

I am talking about the Volume and number of shares sold na.

Why are we talking as if is not human beings that buy at these prices for you to cash out and claim profit?

When a small amount of money is moving the price of something what else is there to it than unsustainable P and D? Lol! Analysis?

How much did the other pharmaceutical companies move? Or does Neimeth suddenly have better fundamentals than them? What actually moves TA? TA? ����

DexterousOne:
By the way, beginner investors will do well to read up on this link I posted below



https://nairametrics.com/2019/11/15/mutual-fund-nigerian-investor-discloses-his-10-years-investment-that-nosedived/


Please read and learn

The guy invested in an Equity mutual fund.

A very very bad idea.

MrMcJay:


So sorry to hear of your dad's experience.

@ the bolded, to get legit land in Lagos, you need:

A realistic budget,

Avoid payment by instalments,

Physically visit the land,

Get a registered Surveyor to pick up the physical coordinates of the land and chart it to be sure it doesn't fall under government acquisition,

Get a Property lawyer to undertake verification of the land,

Verification is not only at Alausa or of only documents, verify the sellers to be sure they aren't impostors and they have the right to sell,

Speak to people living near the land. The information that vulcanizer or fruit seller near the property would give you can save you from losing millions. Ask them.

Let your lawyer prepare your documents and at the point of payment, the sellers must sign. No stories.

Immediately you pay, start building your fence. If possible, pay like 60% of the cost of the land and once fencing is done, pay up the balance of 40%.

Once the transaction is done and you've received your documentation, try to perfect your title at the Lands Registry.

Thank you very much for your reply sir. I appreciate it.

This information is worth a lot.

DexterousOne:



Thank God I dont have kids yet.

I can't forgive myself if I raise my kids here mehn

The reasoning of quite a number is so messed up

Where are you planning to raise your kids?

Just curious.

megawealth01:
UACN might retire some persons here from stock trading

Hahahahahahahahaha

I am sorry I am laughing, but it’s just too funny. My People no dey hear word.

onegentleguy:
There's this company that may likely do, perhaps not "another neimeth" but likely deliver a juicy reward.
...a potential 80-150% return in the short to mid term.

As usual, most folks will likely only see surrounding RISK without the potentiality for RETURN.
They may not be able to detach FEAR from RISK in other to seek for REWARD.
...even the financial print gives a clue.

I personally dont like the coy, but like I always tell folks;
One of the greatest mystery behind an OPPORTUNITY is that it will sometimes 'disguise itself' and hide behind an obstacle.
...hence given a much better(less weighty in terms of risk)scenerio an 'ugly look' and blowing it out of proportion.
Because great OPPORTUNITIES are usually not found in 'a totally safe and comfortable zone'.
The key however lies in ur ability to 'weigh' the difference between that which is REAL and what is VIRTUAL, and then 'seive out' the latter from the former.
...then u can 'unlock' that obstacle and grap the OPPORTUNITY !!
This is especially true of the stock market terrain, particularly the 'NSE room'.

It is well !!

Forgive me in advance for quoting you, but if people can’t see Neimeth was a classic case of pump and dump, then we must be deceiving ourselves here.

How much was traded volume wise? How much was used to raise the price to it’s highest price? 1 NSEMPA small chairman is enough to do it.

We can do all the analysis we want to do, the fundamentals in my opinion did not justify that rise in price.

Potential for return? Lol. Return on hope? Faith?

machine606:
Thanks to all the ancestors here.
I have gone through quite a number of previous pages. Good work
we the new comers are learning. More Green to your dashboard.
plz will having more than two brokers hurt me anytime.
I am using chaka but it seems is for those operating in larger numbers. imagine paying 159 for stock of #2500. Or is it same with others. Also is it possible to tick companies you don't have their shares yet when filling for e-dividend forms?
Thanks.

How are you paying 159?

emmanuelewumi:



You will be invited for such investments if you are found worthy. Luxury apartments in highbrow locations, you may need to invest from $500k and above.

Some years ago Stanbic IBTC sold an apartment to Investors for $1 million .

Wow!

emmanuelewumi:



My advice is that when you buy from Omo onile, make sure you have the funds to develop the property and take physical possession. It is not an investment you leave for 5 years.

My late Uncle was the former Surveyor general of Lagos with just 2 houses in Lagos and plots of undeveloped landed properties all over Lagos. You know most cases Omo onile pay lawyers and surveyors by barter, ie using land for payments.

I told my uncle to sell those lands then and use the proceeds to buy or build more houses. But he was more interested in capital appreciation of the the plots and hectares of land.

Ten years after his death, his 2 sons are yet to take possession of any of his numerous plots of land.

The land have been sold by the Omo onile and his numerous business partners

Same mistake my father made. Very painful.

ahiboilandgas:
Lagos and enviros i can only buy a house as in a standing one ....Abuja and other normal places i can buy land...

I think this is the best thing to do.

MrMcJay:


That is exactly what they told those who bought bushes inside Mowe Ofada 10 years ago.

When the Ogun State government got tired of the problems caused by the real estate companies, they acquired all the lands back.

Chai! This is scary!


What can someone do to get something legit in Lagos?

My father lost his land too sometimes back and that thing affected him till his death. I am wary of Land problems, especially in Lagos.

emmanuelewumi:



Mainly for speculation by both the real estate companies and the buyers of the land

The real estate companies don't have the financial muscles to develop the land, everybody is doing the same thing. Trying to buy at N2 million and sell at N5 million in 5 years time

People who believe real estate always goes up. That bubble will burst one day.

emmanuelewumi:



Some of us are well diversified into real estate, Treasury Bill, money market funds, FG bonds, corporate bonds, stock market, joint venture projects, personal businesses, real estate etc. I don't see such Investors as been in preservation modes

Exactly!
I have less than 10% in Fixed Income, Money market etc. These are the next money I touch immediately after I am done with my emergency funds. Classic Financial Risk Management.

ojesymsym:
But for most of us in this TB thread looking for bond, sukuk and mutual funds, we are on preservation mode which is why ahib and perhaps conglomerate are also trying to let us know that there are many other ventures for those who are young to try out with better returns

I would want to think that many here diversify and invest in other things like equities, eurobonds, REITS and most importantly themselves(hard and soft skills)

emmanuelewumi:



Some real estate Investments in Nigeria are yielding dollars

Please can you point us to such investments?

emmanuelewumi:




At 11.3% it will take you roughly 7 years to double your money using compound interest.

Divide 72 by 11.3.

I agree with you concerning your submission on fixed income Investments .
Not good to have more than 50% of our resources in highly liquid fixed income Investments.

You know the rule of 72. Are you a Financial analyst sir?

emmanuelewumi:
I will rather earn 1% off 100 people's efforts than earn 100% of my own efforts.

J. Paul Getty.



That is how Investors reason.


Own 1% of a well managed N1 billion business, rather than 100% of a N10 million business

They will never understand the idea behind sleeping while money works for you.