₦airaland Forum

This issue about the pros and cons of several investment strategies has become too repetitive and over-flogged. Once the point has been made, it is best to let it go and allow fellow forumites to read and digest as they so choose. I think its time to move on and focus on why we are all here and that is "to make money" in the market regardless of whether one is day trading, scalping, trading ETFs, mutual funds, precious metals, long-term, short-term etc.

There is no competition between different investment strategies. No strategy is superior to the other. In fact, while the "oracle of omaha', Warren Buffet got his fingers burnt investing in airlines, that does not reduce his relevance as one of the greatest and most profitable stock investors in the world. Buffet had to sell his stake in American Airlines and invested in Apple where he made a kill. In stock trading, there must be gains, as well as losses. Hence, the aim is to carry out due diligence to ensure that one invests in more winners than laggards, while limiting the losses.

For me, I won't invest in any stock and go to bed, regardless of whether it's Amazon or Apple, because fundamentals could change over time, requiring the investor to take quick decisions. We all can recall how much First Bank, Nigerian Breweries, WAPCO et al were trading between 2005 and 2008, but at this time they are trading far lower. Any investor that refused to move with the times and held First Bank for those number of years without selling and re-entering at a lower price, has unfortunately lost good money which can not be compensated by the meagre dividends.

OvaSabi1:
I just want to profer advice to the newbies here. Some "gurus" use demo accounts to show their gains. Some show gains in only one stock and will not show you losses for their portfolio as a whole. Some will show you gains for one day and one stock while the week/month as a whole is in red. I am happy for the genuine day traders making bag. It's not easy to be alert 24/7 doing technical analysis and being on the edge over your trades. I have been there and I know how it feels, we're all trying to survive, so I am not referring to you. I am referring to the impressionable newbies and dishonest gurus who are deliberately pushing a different narrative of day trading. I decided to stop commenting when someone here recommended Gold/silver ETFs because they're not too volatile. I will gradually limit my contribution here or stop commenting if I can, so that I don't offend anyone here. But like 4play said earlier, fact is fact.

To see stocks historical dividends, dividend frequency (i.e. whether quarterly or annually), upcoming dividend payment dates, dividend yield, current market cap etc., check out this website 'marketchameleon.com'.

Just received Apple's ($AAPL) quarterly dividend of $0.82 per share. Other coys with good dividends include $BGFV, $PFE and $AZN. For folks keen on receiving dividends, a coys dividend yield and share price should be considered relative to other stocks before investing.

You are absolutely spot on. For those who are risk-averse and are okay with gaining or losing in lower daily percentages like under 10%, one way to go is to invest in stocks that deal in precious metals (i.e. gold, silver etc) such as $HL, $EXK and $SLV. Looking at their price trends, these stocks aren't too volatile, in the sense that they don't typically display huge daily upward/downward swings or dips and gives one the opportunity to sell off without incurring much losses.

afroxyz:
Everyone can post his trading/investing startegies. This is fine as people would learn a thing or two. The fallacy is when you believe yours to be sacrosanct. No strategy is the best because we all have different goals and temperaments and investing philosophies which are even influenced by the amount of capital we are ready to risk. Provided your startegy works for you, fine. It works for you but may not work for another person.

Glad to be back here. Was restricted by the anti-spam bot from posting since the last few days and had to maintain a "siddon look" posture.

Plug Power Inc. ($PLUG) 2Q2020 Earnings Report
$PLUG reported a loss of $8.7 million at market open today, which signifies a loss of 3 cents on a per-share basis (EPS). The results beat expectations of a loss of 9 cents per share. Revenue was $68.1 million and also exceeded forecasts of $57.4 million. Share price is up 16% already.

Arburtus Biopharma ($ABUS)....paytience.

Glad that you made some profit, even though it ended up being reduced due to the sudden dip after $SPCE's poor earnings report (ER). Good to clearly note ones objective(s) while investing in a stock.

Once you reach that target price or are close to the price and you notice the stock stagnating, better to sell and take your gains. Our gains in any stock remain paper profits, until one sells and receives the proceeds either in the trading wallet or bank account.

Care4:
I jumped out when my gains was reversing from around 60% to 33 %. I lost about 30 of my initial gain. Quite painful.
I did only 15% on Jumia and refused to look at it again despite the enticing rise.

This is a valid comment and that's why one should only invest in fundamentally strong companies with capacity to bounce back after a sell-off or a general lull in the market. The stock market is neither a lottery nor a gambling exercise. Investing should not be left to chance, luck or bets but should only be done after pain-staking research and due diligence incorporating both fundamental (FA) and technical analysis (TA).

Even though i see nothing wrong with investing in ETF's, it should be noted that a market sell-off would also affect ETFs as much as individual stocks, since ETFs track stock index. One key advantage of an ETF is that pooled funds from several investors are passively managed to purchase stocks that are bundled together, thereby giving investors the benefit of a diversified portfolio.

Choosing to either invest in ETFs, mutual funds or individual stock investing depends on an investor's preferred strategy. One could also have a mix of ETFs and mutual funds in a portfolio. For me, I like to be in charge of my portfolio, in order to take sole responsibility, bear any risks i may face in the market and decide when/how i buy, sell or hold a stock.

OvaSabi1:
I just felt I should say that the market could experience a downturn soon. The crashing dollar, upcoming elections and possibility of finding a vaccine soon could throw things off balance and spark a massive selloff from tech stocks. The current market appears to be outperforming last year. This is very unusual in the middle of a pandemic and analysts have suggested that this is a signal that there is a bubble that is about to burst.

I see myself moving away from single stocks and biotech arenas into the more generalised field of ETFs. Highly geared, high equity beta and negative EPS stocks are likely to be worst hit from my experience. I am not being alarmist, just felt like saying this and to make us all prepared for what is to come.

Thanks for the information. However, this is an unconfirmed news about MTN planning to sell its non-core assets, which include Jumia and IHS Towers, in order to reduce debt and fund expansion into new markets. Let's see how this pans out.

Zagee:
MTN seeks to sell $243mn stake in Jumia Technologies https://www.vanguardngr.com/2020/08/mtn-seeks-to-sell-243mn-stake-in-jumia-technologies/

Nice one. Blowout earnings from both of these stocks. Fastly's ($FSLY) proprietary edge-computing platform earned it customers like Spotify, Shopify, Slack, Pinterest, Tik Tok and Stripe.

$PLUG seems to be another stock that has some legs to run with clients like Walmart ($WMT), Amazon $AMZN and more recently, the UK’s third-largest supermarket retailer, ASDA. In fact, $AMZN is not only a customer but also a substantial shareholder of $PLUG. Currently watching $PLUG in 3D.

OakPearl:
Fancy some earnings play?
Etsy and Fastly had a great result announced after trading hours yesterday.
Fastly came from an EPS of -$0.16 to $0.02 while Etsy powered from an EPS of $0.14 to $0.75!
Let's see how the market reacts today.

Here are just announced earnings and yet to be announced earnings for this week.
Notice that some are before and others after trading hours announcements.

The share prices of both $TDOC and $LVGO are down since the announcement and no one can tell the absolute bottom prices at the moment.

$LVGO shares will be diluted and the cash being paid for each share may not adequately compensate for the ongoing loss in its share price value. Hence, this deal seems to favour $TDOC shareholders.

You can run the numbers and see if it's better to sell $LVGO now based on price appreciation or hold in anticipation of the cash that $TDOC will pay for each of your shares, while risking further dips.

horlajide:
I’ve got positions in both TDOC and LVGO. I’m still trying to discern how this affects me. Good or Bad?

Just noticed the men in black (speculators) working on overdrive today have pushed the price of this stock that sounds like "Biafra" (Biofrontera AG - $BFRA) to over 350%. This stock should not be touched even with a long pole because its fundamentals are very weak.

Breaking News:
Teladoc ($TDOC) and Livongo ($LVGO) Health to merge in deal valued at $18.5 billion. Based on the terms of the deal, $LVGO shareholders will receive 0.592x shares of $TDOC plus $11.33 in cash per share owned.

Furthermore, while $TDOC shareholders will own about 58% of the combined entity, $LVGO shareholders will own the remaining 42%. The combination "creates a global leader in consumer centered virtual care".

Nice advice and very apt.

OvaSabi1:
Don't feel hurt, that's not a good investor mindset. You came at the right time and many more opportunities will come. You should also be prepared for losses. Take your time to study financial statements and get educated on fundamental analysis. Don't take anyone's recommendation without doing your due diligence.

Nice advice.

OvaSabi1:
Don't feel hurt, that's not a good investor mindset. You came at the right time and many more opportunities will come. You should also be prepared for losses. Take your time to study financial statements and get educated on fundamental analysis. Don't take anyone's recommendation without doing your due diligence.

For newbies to stock investing, apart from investing after doing your due diligence (DD) from recommendations on this forum, kindly try to enrich your knowledge by reading books like "Buffetology 101 by Warren Buffet", "The Intelligent Investor by Benjamin Graham", "Stock Investing for Dummies by Paul Mladjenovic", "Irrational Exuberance by Robert J. Shiller" and "When to Sell: Inside Strategies for Stock-market Profits by Justin Mamis".

kalu61:
l'm new here. I feel hurt it took me all this while to see stock /investment minded trend on NL after many years.

I have my eyes on Canadian Solar ($CSIQ) as it's due to release 2Q2020 earnings before market opens on Friday, Aug 7. Glad to see this company's share price gapping up and it's technical chart is nicely set up at the moment. It just secured a huge contract in Germany to construct a 10 MWp solar photovoltaic (PV) plant.

I did an academic research on this coy at it's infancy and I'm glad that it's grown over the years to become one of the best Solar plays in the market with great fundamentals.

The city of Miami, FL is going 100% remote with schools to remain distance learning for now due to increasing cases of Covid-19. Expect more US cities to tow same line of action.

Based on the above, share prices of online education stocks like $HMHC, $BOXL, $BNED and others are gapping up. Hence, I consider these stocks to be 'low hanging fruits'.
As always, DD is required before investing in any stock.

Bonne chance!!!

You are very welcome to join the train anytime you are fully psyched up for the roller-coaster US markets, where there are relatively less manipulations and stock prices are impacted by earnings and either positive or negative news.

For instance, between yesterday and today (2 trading days), the online education play, $ZVO has already returned 61% to my portfolio. This could easily drop 60% in the next trading day, if earnings fail to beat estimates. So, one doesn't have to be greedy and should pull the trigger once investment objectives and targets are met.

DexterousOne:
See men booking gains left and right

Am I sure I would not join this train ASAP
As opposed to still watching from the sidelines

Nice one. I had $ELVT but had to sell it to add more $JMIA. Would buy back if earnings beat estimates.
A good 2Q earnings would set it off on a bulls run, as they already exited the loss-making UK market.

You can wait for earnings and jump out if earnings aren't good and leads to sharp price dip below 10%. I did same for $SPCE today.

arduino:
My people, am currently sitting on 50%+ gain in ELVT.
I entered @$1.44 and had held on since then. Now Q2 report will due next tomorrow and I don't know if they would beat estimated revenue and profits. Make I sell or just hold till result show??

I'm looking at price falling to around $18. The new shares will likely be offered at $22.45. Hence, this may trade side ways around the offer price, until positive news is released to boost the price.

For now, I see much better opportunities elsewhere.

akinssan:
Whats your floor on SPCE?

Vigin Galactic ($SPCE) down over 12% already. It reported a wider-than-expected 2Q2020 net loss of $63 million with no quarterly revenue and also filed to sell 20 million additional shares. Already sold 30% of my shares to buy back on the anticipated steep dip. Still a long term play.

In spite of the obvious deceit by UACN's Mgt regarding the proposed "unbundling", i have a positive outlook on UACN after this deal with Custodian to acquire 51% of UPDC.

While the initial plan to unbundle and issue out (or dash out) shares of UACN in UPDC and UPDC's shares in UPDC REIT to existing shareholders, is most desirable and beneficial to long-suffering shareholders, getting an investor to acquire 51% of UPDC provides the required funds for UACN to enhance the coy's business model and long-term profitability.

If UACN Mgt utilizes these new funds from Custodian efficiently, a potential long-term increase in dividend yield and price appreciation should compensate shareholders for the lost bonus shares from the cancelled unbundling exercise.

Well, let's await both time and Mr. Market's verdicts on these postulations.

Thanks bros. I actually expect some dips along the way, which will create opportunity to load up more, especially if earnings fall short of estimates.

$AMZN, $MELI and $JMIA are regarded as the e-commerce giants in their respective target markets. However, amongst the aforementioned trio, $JMIA is playing catch-up in terms of revenue and profitability.

OakPearl:
Congratulations bro.
Who knows, Jumia is already half way up its last year's post IPO high of over $40.
More wins.

The month of August 2020 seems to have brought "green" tidings with it. My laggards like $PLUG, $DVAX, $GOCO (Gohealth), $ZVO, $NIO and $AZN have woken from slumber.

Just crossed 100% cumulative gain on Jumia ($JMIA) today. Fastly ($FSLY) is doing what it does best...accelerating at a fast pace.

sonnie10:
Keeping an eye on Jumia and Fastly

I will be looking out this week for the Bull's eye in $ZVO, $PFE, $ONTX, $KTOV, $FRSX, $SPCE, $BNGO and Microsoft ($MSFT) due to its ongoing talks to buy the popular App, TikTok.

Nokia ($NOK) is an interesting 5G play with relatively cheap price ($4.78). $NOK's very good 2Q2020 earnings report beat estimates and it's price chart has technically formed a 'golden cross' with sustained large volumes over the last few days of trading, indicating a breakout and likely upcoming bull run. Mid to long term here.
As Always, DD is required before investing in any stock.

Bonne chance!!!

Olalekank:
Recommended stocks to invest in for the week?

The use of foul language should be discouraged in this forum. Folks can constructively engage, advise, criticize and/or correct each other without resorting to derogatory remarks. I have personally found this forum to be very useful and we should do all we can to maintain the conviviality, as we continue the quest to make money in the US markets.

Apple ($APPL) became the world’s largest public listed company yesterday, as it is now valued at $1.82 trillion after ending yesterday's trading session at $425.04. Saudi Aramco follows with a value of $1.76 trillion.

In other developing news, Microsoft ($MSFT) is in talks to purchase TikTok.