₦airaland Forum

Agbalowomeri:
Not exactly your big capital
But I think it's feasible once in a year or two if you know your game.

People don't know that it's so easy to target one or two stocks that are sure banker for the year. That doesn't mean it will fly immediately you buy but you can give yourself 6-12 months. Sometimes you even hit above 100% if you are patient enough. Sometimes luck can even push it in three months. I have experienced all these scenarios

Me think this is much easier than running after 2-5% when I no do Forex Lol

Anyway the Koko na to make the though as long as it works for you

It’s easier to make 100% of 100k. Not same applies to making 100% of 1bn

Sunrisepebble:
When they produce their first litre of Palm Oil. I will buy it

Absolutely with you on this.

Is there any regulation that support non-withdrawal into a different account even though it’s the same person because the account is not registered with the broker?

In this case from a stockbroker to the the persons account.

yMcy56:
E ku market o. 😊

(

** There's one stock especially for long termers with good financial prints, just silent for now....
Aj8 already mentioned it sometimes ago, not too long.......it may deliver 50% or more in gain once they're ready for it. DD advised. 😊

** Insurance lovers, add STI to your watchlist....

What’s the name of the stock ?

The heavy buyer comes in past 2pm or before market closes .

GeeKudi:
Sure! If there is no significant pullback by analogue investors and profit takers, it should cross 100 by early next week. Thereafter, we will see how far people can stretch the largesse. May 2025 is too far for people like me. Will only leave few units for the Chinese.

If one has large sum invested, let’s say 100m and sure to have a minimum of 10% before May. I think it’s still a decent profit.

emmanuelewumi:
Was supposed to deliver 100% return at N35, so destination is N70

Sir Emma,
What do you think about Stanbic? I think it’s undervalued. What’s your take?

xristos:
kindly dm..870.
Dont mind that unfortunate soul advertising on my thread.

You are so rude and pathetic. You this poor little thing. I pity the people selling to you. Goodluck.

Buy rate: 635/Pi

okomoney:
If you are already in UAE and your company agree to submit a letter of guarantee on your behalf your visa will be approve otherwise is still remain difficult except spouse visa which is husband and wife which can be arrange for travel purposes

Thank you so much. Applicants were all in Nigeria

Please does anyone has an update as regards UAE visa. Many of my colleagues at work who applied of recent were denied business visa for training.

emmanuelewumi:
Penny stocks lovers. How to identify growth stocks that can deliver 100x and above

Will you be kind to send me the books in your library? How can I reach out to you?

Thanks

nwauwa:
Now that the ban has been lifted, how do we get dubai visa?
wakanow is charging 10k just to tell you if you qualify or not

How do I check this?

WAPCO

Seems to be on the move

EDUECO:
ACCESSCORP did well today!

Most likely a Dump tomorrow 🤷🏽‍♂️

Streetinvestor2:
Oga leave all this French you are speaking. Total is a French company simply. Nigeria and Africa can only be developed by Africans.This you so called investors that come with thr dollars does not have your country at heart. We know the mess your so called ioc has left concerning the environment in this region they operated. They come to Africa and operate with a standard they can not try in thr parent counties. They take home a larger bulk of money made in those countries and turn the people to slaves. When they go it gives opening for locals. Our survival is not tired to them
We should not politicise everything. Anyone that wants to go can go.Every country has its own security challenge. I still prefer my naija to thr perfect country.

Since the passing of the PIB, how well has the local improved the Standards? Instead they pay peanuts and fund their families lifestyle abroad . Some even don’t have a functional company but get contract which is re-contracted up to the 4th party that actually executes it.
As a matter of fact, safety standards have dropped significantly. Everyone wants to cash out quick not investing

Seem you don’t know so much about oil and gas and how this affect us in a country like ours.

Adinije:
Where are the "dollar will reach 3000/$" gang

https://nairametrics.com/2024/04/08/cbn-sells-dollars-to-bdcs-below-market-rate-at-n1101-1/

Financial Engineering cannot replace economic productivity.

Any update on visa application for Nigerians?

I don’t think caverton is doing well business wise. There is so much inefficiency in their chopper line.
They are unable to meet up with demand.
This has a likelihood of affecting their future contract.

A layman’s opinion.

Please any positive news on UAE ViSA?

uckennety:
Ask tinubu and ajuri

Abeg help me. This matter is tiring.

Any update on UAE visa? Is the ban been lifted or still in place?

Sir emmanuelewumi

I’ve been watching this stock UCAP.

What is your opinion? Is it good a good buy at the current price? I’m going long term

locodemy:
You are my opposite.
I don't do long term

I want to know your story why you became a day trader. I don’t invest so much in NGX not until maybe last year. I’ve got burnt in NYSE, and I’ve learnt my lesson. Hope to go back when I bounce back.
I’ve been following on NGX for years and this is the reason I will never invest in some stocks.
But then again your vast experience will prepare me for what may come.

At a very young age, I bought Honeywell public offer and even invited my family to buy it. Looking back, I have learnt a lot. This kept me away from NGX. That money would have yielded something good if invested on BITCOIN or even used to buy Apple Shares. I have realized the importance of my decision.

locodemy:
If I tell you my story you will know why I became a day trader.Now I am a swing trader because of the activeness of the market.Soon I will get back to look for my usual 10% profit.I no longer get trapped or stay long in the market my brother.Either I selloff with profit or small hair cut and move on.I don't even look for dividend self because that one can make you average down tire.Experience is the best teacher.

Watch out for Nestle.Its like the driver don comot with key and leave empty bus for passengers.it is one of the best fundamental stocks in the market.

Please do share. I want to learn because I’m planning to go on long term.

emmanuelewumi:
Based on the latest market update sent to me by United Capital the average

Price Book ratio on NGX is 2.2

Average Price Earning ratio is 11.1


Based on Graham's model, at a price book ratio of 2.2 the average return on equity should be 16%.

Based on an average return on equity of 16% the justified average Price Earning ratio on NGX should be 13.75.


With the current average PE of 11.1 the ASI will need to increase by 24% to have an average Price Earning ratio of 13.75 or ASI of 78,000.

Considering the current yield in the bond market, the expected increase of 24% will be discounted to 20.5% by using the average yield on a 10 year bond and the current yield on a 10 year bond.

So we should be looking at ASI of 75,000 for the NGX to actualize its intrinsic value.






I will advise people to look into stocks whose unleveraged return on equity is more than 16% although 20% and above is preferable and currently have a Price Earning ratio of 12 and below.




My opinion though.



Please do your due diligence

Can sight example of such stocks?

Not a big investor, but I’m looking at getting more of Wapco at market price tomorrow for a long term basis.
What is your take?

I consider WAPCO as one with a great potential.

yMcy56:
They are responding to emails.
Only that I can't drop a staff's mobile here.
Try and put yemisio@morgancapitalgroup.com in copy.

Yemisi did.

Thank you

yMcy56:
Call their landline nah

014540114

Thank you. All their lines are switched off. Hopefully they respond to my mails later

Please how do one get in touch with Morgan Capital?

emmanuelewumi:
Do your due diligence and consult a financial adviser.


Return of my money is more important than return on my money.

Good luck

.. True…Thank you