₦airaland Forum

ehay:
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Do you trade forex, you just sounded like a macroeconomics forex trader..

I don’t but I am open to it if it is profitable.

The reality is that savvy portfolio managers (local and international) use some form of technical analysis. It could be trendline, chart pattern, moving averages etc

Cheers

Iskalamong!

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ositadima1:
But people entered WAPCO at ₦30 based on charts and technical analysis, or do you think TA traders only buy stocks like Zichis? TA traders enter stocks not because the financial statements say so; they often don’t even look at them. They look at charts and price action.

I remember telling you, based on the charts, that WAPCO was a buy at ₦30. I can even bring up that post if you want to argue about it.

Real investors and traders usually use both.

Fundamentals to know the quality of what you’re buying. Is it worth buying? Is it overvalued or undervalued?

Technical analysis to know how it is trading or how it trades. Uptrend or downtrend? Are moving averages reliable for trading the stock? Is it at a resistance and ready to breakout? Is the price movement predictable or random etc

Sentiment to know whether it’s time for quick money or whether the market is risk off.

Other analysis can be used as well. Example: seasonality. That is, does the market tend to rally at certain periods? Etc.

Combining these greatly improve your chances of success.

Cheers

Iskalamong!

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emmanuelewumi:
Never wrote them off, just to let people understand the implication of buying something whose PE ratio was about 150

Many speculators are left holding the bag in Geregu now after the exit of the former owner.

It is super necessary to know what one is doing when investing or trading.

Iskalamong!

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Agbalowomeri:
Market price means "any available bid at any price" or am I missing something

I think he used limit order for his sale.

The price he inputed is the current market price (or previous day's close price)

However, if price does not trade at the market open price, his order will not be filled.

In a nutshell, I think its not market order, which would have been executed at the best bid price.

Best regards,

Iskalamong!

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Bizibi:
I pray dividend is not announced in May.....

lol

That will likely lead to selloffs in the banking stocks.

Iskalamong!

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GabsonFX2:
Don't mind the scvmmers: The strategy is the simplest of all kind:
Strategy that gets me paid by FTMO almost every 2weeks trading cycle, sometimes 5 figures, and sometimes 4 figures. How is their own different, it's cos they are surprised and in shock to have me as their client.

I trade only one pair: gold
I don't use more than 45-50% margin at a time, lot size of 0.25, or 0.30 or 0.5 on one pair is not too much on a 100K account, I entered 1.0 lot size only on 3 occasions when my confident level was 100. Again, that is not too much for a 100K account.
I don't do bulk trading, only one trade at a time, in rare cases, I would have 2 or max of 3 trades at a time, not more
I don't use EA, no bot, no copy trading.

I chose them cos I read they are next to FTMO, but eh, they are at the very bottom of the spectrum: I broke no rules and this is why they ghosted me, no email to say why they deactivated my account.

You are the second consistently profitable trader I know that will be complaining about the5ers.

The first person said something along the line of him being too profitable or exceeding the expected profit target. I can’t remember his exact feedback. All in, he was denied payout and the reason provided was ridiculous. He is South African.

At the time, I didn’t take him seriously due to the reputation and positive reviews that the firm have.

Now, I know better.

Iskalamong!

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HesInMe:
I'm just wondering what you're seeing in the company to bet on it long term. The business seems undifferentiated, and their fortunes are tied to the whims of a handful of customers. If MTN wakes up and vexes...

That company’s historical financials speak volumes in terms of exponential growth. The price movements have also been impressive. The stock is a multibagger stock and based on their recent numbers, there seems to be more gas in their tank.

I understand your point in terms of their undiversified customer base (customer concentration risk). It is valid but that stock is potentially one of the biggest (and financial performance backed) compounders on the NGX in recent times. Very similar to NAHCO, PRESCO and SEPLAT. Other stocks that may tow that path are ARADEL and TIP.

Best regards,

Iskalamong!

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ojesymsym:
What in the name of God did I just read?

In an open market that there should be a law that clips growth and innovation?

Abeg let just stick to the stock that brought us here, all these bad belle against DR masked as hatred of monopoly does not cut it for me.

Sarcasm bro

Sarcarsm

Iskalamong!
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IyaTola:
IMPLEMENTATION OF A PEER-TO-PEER (P2P) SHARE TRANSFER SYSTEM ON THE NIGERIAN EXCHANGE (NGX)”

It is advisable for the Nigerian Exchange Group to consider introducing a direct stock transfer or peer-to-peer (P2P) share transfer mechanism within its trading infrastructure, similar to the model used by cryptocurrency exchanges.

Such a system would enable investors and traders to transfer listed equities directly between verified accounts on the exchange platform, without the compulsory involvement of traditional stockbrokers for every transaction. Technically, this could be implemented through a centralized digital registry or blockchain based settlement layer that records ownership and validates transfers in real time.

By integrating this functionality, NGX could achieve several strategic benefits:

* Improved market efficiency: Real time or near real time settlement of equity transfers.

* Reduced transaction costs: Minimizing brokerage intermediation for simple transfers between investors.

* Enhanced liquidity: Easier movement of securities between market participants may stimulate trading activity.

* Greater investor participation: Retail investors may find the market more accessible and technologically aligned with modern digital asset exchanges.

* Transparency and security: A digital ledger system can provide an immutable record of ownership and transaction history.

To ensure market integrity, the system could still operate under NGX regulatory oversight, incorporating KYC/AML compliance, account verification, and transaction monitoring, while allowing investors greater flexibility in managing and transferring their equity holdings.

Overall, implementing a secure digital share transfer framework could modernize the NGX ecosystem and align it with emerging global trends in financial market infrastructure.

Veteran Kingsley W.

This will significantly reduce the importance of brokers.

It will also significantly reduce their brokerage income as well.

I doubt SEC will approve such any time soon..

But if implemented, it will really reduce transaction costs for investors and traders.

Iskalamong!

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megawealth01:
I'm hearing rumours that Oando is about to skyrocket because political calculations don start? They say jagaban fit dey favour him nephew small small... If you bought Oando at sub40 just hold am right at your own RISK


Abeg na rumours oooooo... Wetin I dey talk sef?

DYOR

From a technical stand point, Oando has broken the N47 weekly resistance by closing above it today.

That's a valid break of structure (BOS), if price makes new high in the coming week without breaking the support at N40, then we are likely going higher.

That will confirm a market struture shift (change of character).

Thus, we may have seen the bottom and may be at the beginning of an uptrend.

Position trading stop loss would be below recent swing low at N35 and target above N90 mark. Entry below N50 (The lower, the better). Reward to risk is c.3:1 to 6:1 depending on entry point and trade execution costs.

All in, your rumours align with the stock's technical picture.

Disclaimer:
This is for educational purposes only and is by no means an investment advice.

Cheers 🍻

Iskalamong

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daharry:
For those waiting for the same script as 2022..
Look at the charts critically(BTC,ETH,ETH/BTC)just to mention a few, it would not the the same price actions.. I could even say bitcoin is primed for new highs before we even see a new low. Same way Q4 euphoria was ever crowded.. the 4yr cycle bear market style -80% drawdown is over crowded, it may not seem like it, Infact, it’s even looking more like 2022 style with a dead cat bounce in March during the Rus/UKR war, but I bet my balls on it we are not seeing the same price action..
There are lots of metrics that screams a new high and Alt outperformance this year or maybe I’m just living in an alternate universe..

Next cycle would be heavily left translated too..

I think you may be living in an alternative universe.

The bears are not over yet for bitcoin.

My advise is for you not to be too early, wait for a clear signal that the bottom have been hit.

All in, lets see how market reacts.

Cheers 🍻

Iskalamong

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Fxwarrior:
I expect bullishness in gold.

First entry will be 5155

If what I am expecting works out, gold might be over 10 000 to 15 000 pips up by April.

For now, US stock indices are rising and gold is falling.

This indicates one thing, risk on sentiment.

I would rather wait for sentiment to reverse before taking a long position in gold.

Short for now or staying on the sidelines makes sense.

Today, we saw London sweep Asian high and reversed (This is textbook turtle soup).

Since Nymex open and Newyork cash open, price have not been able to sweep Asian or London highs, instead, there have been downward displacement (though not aggressive), this hints at bearish continuation (or sideway market).

Likely day trading target is asian low or yesterday's low at c.$5,000.00 and stop loss above London high.

Anayways, no strategy wins 100%.

Lets see how the market plays out.

Cheers 🍻

Islalamong!

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awesomeJ:
I'm revising my volume target for 2026 to N50bn with 2-5% net margins.

Since that figure is higher that the revenue made by most NGX companies, I'm realizing that my activities are becoming more significant in the market, so I can no longer make as much comments as before

That's really huge if you can meet your net income target especially when your portfolio size is put into consideration.

All the best.

Cheers 🍻

Iskalamong

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mikeapollo:
I think ''if'' is appropriate. No one knows tomorrow.

Very true.

Don't take the comment too seriously.

The if made it sound like 50:50

But its more like 80:20 in favour of the incubent.

Cheers!

Iskalamong!

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megawealth01:
If jagaban wins 2027 then cool

If?

Its looking more like when

Iskalamong!

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HesInMe:
You're assuming that NAHCO and NGXGROUP are similar to CHAMS and TANTALIZER? I doubt it: The first two companies are effectively monopolies; the latter duo are price-takers.

Of course one can make money on well-timed entry into any stock, but if you want to sleep well at night, bet most of your money on structural winners.

Can you provide more examples of other NGX listed structural winners.

Thanks

Iskalamong!

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leo1234:
I still have some left.


Do you think Aradel will cross 2000 this year?

I strongly believe TANTALIZER will sell above 10 this year.

I might be wrong though 🤔

May I ask the reasons why you are bullish on Tantalizers?

Iskalamong!

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deathwing:
They have to return the money if they didn't get up to 80% of the public offer. That's the NGX rule. They have no choice in the matter

I think its 50% and such a rule should be from SEC.

Iskalamong!

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mikeapollo:
If Oando likes, let it close on ''overflow bid''!
Seems you only see stocks that would close on full bid only after you buy them!

Is it monkey hunting?

I observed this as well but did not want to comment.

yMcy56 and Street are right about the comment below:

Many people here comment on stocks based on their positions. If they have the stock, it is the best stock to have. If otherwise, they see nothing good in the stock.

Lol

Cheers 🍻

Iskalamong!

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222Martins:
I have used Morgan Capital Securities for years and i have not had an issue, and they respond to queries. I sold INTBREW in December 2025 over a space of 2 days and placed a Withdrawal request for N55M immediately. My bank account was funded in T+2 days; given the reality that withdrawal queues are usually high in December. So saying Morgan Capital can't handle a mere N20M withdrawal is absurd.

Very absurd.

I've seen them process hundreds of millions of naira without delay or glitch. First hand experience not hearsay.

Cheers 🍻

Iskalamong!

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Harddiskng:
Pull what by how many %.

Just so you know, a stock with strong fundamentals and great future prospects won’t pull back massively so you can enter lol.

Instead it will keep increasing in price.

Ask Aradel, it popped up on my criteria around 500 ish months ago (attached was my mandate). Instead of me to jejely buy at market price, i was looking to get it at a discount. Always nding in a bit lower bids. E no wait for me oo, till i missed that ship (know at what price to stop chasing).

If i had entered at market price, I would be doing nearly 90% return by now.

Besides i have discovered i have no reason to beat myself up on 10-20% discount when i am looking at over 500 -1,000% return in 5 years

Another angle.

A valid one at that.

I tend to buy and sell within a year in most cases. Rinse and repeat.

Over a long term period, the 10 to 20% discount or premium will not matter as much as it would if you missed out entirely on the entry (provided it is a fundamentally sound stock with great prospects).

Elsewhere, not to argue but as regards Aradel, before its bull this year, many traders had to cut their loss on it for lack of momentum. Aradel literally dropped below N400 after it crossed the N800 mark post listing. That's a c.50% dip.

Cheers 🍻

Iskalamong!

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megawealth01:
My major concern in this market is OANDO. Wale should be fast before 2027 politicking starts ooooo

Nobi me una go use gather elections bulala

If you understand this eh

Historically, pre-election years are not the best equity years in Nigeria. Many times, in H2, liquidity may dry up and sellers may dominate activities.

It is important to note that the dynamics are different now. Local players now dominate the bourse and positionings are mainly long (buy).

In addition, the maximum equity allocation for pension funds have been raised and market corrections may provide accumulation opportunities for large pension fund orders.

The two factors above should minimise the level of the selloff. Hence, when the correction comes, I think we should not be too bearish (Example is the correction in November 2025)

My humble opionion.

Cheers 🍻

Iskalamong!

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Harddiskng:
Thanks for this but It doesn’t matter to me, i am not planning to get out of any stock i enter until 5 years minimum.

Another reason to be patient and more careful since it is a long term investment.

Cheers 🍻

Iskalamong!

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Harddiskng:
To answer your question, I don’t think i have to explain how weight averages works naa. I buy stocks when i have spare cash. At each point it is different amount. A=50 naira, B = 20 naira, C = 5 naira etc. depending on the amount invested in each stock and return on it, it all averages down to 20% return YTD

You have a YTD of about 30% YTD. Please how many stocks do you have in your portfolio?


NB: the purpose of this debate is for us to have better geared portfolios. For those saying two stocks blah blah blah, except your God or your Juju man can see the future; it is a floored argument. So please let’s explain concepts better and i won’t listen to you if you don’t show you have evidence of what you are saying - Post your YTD return. It is like a poor man giving a seminar on “maintaining generational wealth”

Make una answer me fast, I intend to use a significant capital outlay (well significant in comparison to my portfolio value sha ) to diversify more today - i feel it’s necessary for an entirely different sound reason. Mind you I don’t just pick stocks at random and pour money in it.

If youre going really heavy as you said.

I'll advise you wait for a pull back and for 2026 financials to start rolling in. This will provide clarity on the companies that are presently fairly valued, overvalued and cheap.

This strategy works everytime. The bad side is that you may miss this rally if it extends longer than expected.

Alternatively, you can research on earnings expectations of NGX listed companies, use this for your valuation and compare your value with present stock prices to catch winners with potential for more rally (this is more advanced though).

Cheers 🍻

Iskalamong!

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Verbtips:
By headings to 103k
After hitting 103k
Btc will be heading to 48k

In my opinion, BTC is not going to 103k, not now, not anytime soon.

If I may ask, why would you think BTC is heading for 103k?

Also, if it heads to 103k, immediate crash to 48k is doubtful.

Iskalamong!
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emmanuelewumi:
A stock with a forward PE of 15 can be cheaper than a stock with a forward PE of 3.

If you know you know

The earnings growth rate is the key

Iskalamong!
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MeezPat:
Pa Emma is right on the prices showing on CSCS. Please is there a reason the chams I bought 2 days ago is not showing yet on CSCS but shows on my broker platform. Could it be cause of settlement?

To the best of my knowledge, stocks settle T + 2 days. It is after it has settled that it would reflect on your CSCS statement.

Cheers!

Iskalamong!

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HesInMe:
What are normal people still buying in this market? With everything seriously bid up so fast, I've run out of ideas.

True that.

The key is to identify the rally before it starts or join at the beginning.

Once the rally has gone far, please wait for a pullback or correction. Otherwise, you’ll be FOMOing.

Cheers!

Iskalamong!

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vacanci:
Ordinary NCR and Eunisell on the NGX did better than Gold, silver, Uas Dollar, Bitcoin, Etherium, Solana Tesla, Meta, Nvidia and Apple the last one year and gave a huge return better than what the gold gave.

How about that?

I think you need to consider the nature of the return.

What are the drivers of these returns?

Are there economic moats or is it a valuation play?

Hence, those returns are likely the reward for a high risk investor.

Gold and Silver are mainstream and the drivers are very clear. (Geopolitical tensions and de-dollarization)

The price expectations are projected by major banks e.g Goldman Sachs, JP morgan e.t.c.

This makes the risk element different.

It's not always about the return, the risk component also matters alot

Cheers!

Iskalamong!

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Coolcash1:
Glad I made this decision.

Funds invested in gold and silver. Made huge returns I won’t have in years on NGSE.

Be a smart investor and not a dummy that confines himself only to a single market. Capital flows to where returns are guaranteed and risk rewarding. Practice portfolio rebalancing and asset diversification.

FYI: it’s still not late to join the precious metals bullish run as it’s about gathering momentum for another leg up…Silver expected to hit $500/ounce whilst it’s big brother projected to end the year at $8000/ounce.

Enough said!

$8,000 per ounce for gold is quite high.

I think you might be a little too bullish.

Congrats on your wins!

More to come!

Cheers!

Iskalamong!

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NSEstudent:
This stopped working some years ago. It was a sure odd before that.

True.

Especially for the banks.

Cheers 🍻

Iskalamong!

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Ogarexmas:
If there's one thing I have discovered in this thread is the so called crypto experts have no knowledge of the market they are no different from the so called influencers on tiktok and X. If the market does not go up, it will go down nonsense.

As a newbie you better borrow sense and better don't even start at all else you go CRY.

Most people here were screaming to the moon even named it no disk jockey months.

The best time to enter the market is when there is fear in the market and when no one wants to put their money as the market keeps dipping.

You see that period where people are screaming to the moon bitcoin 150k, 200k ETH 7k, 10k that's the moment to leave. If you have this at the back of your mind you will not bother about the noise most people are making here.

Well said

Iskalamong!

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