₦airaland Forum

OakPearl:
Thanks for checking on us jejebabaa.
INO eventually closed the day at 43% gain!

Nice testimony boss, so glad to hear that, you guys are doing well.

nna777:
We are doing very fine. Gilead has already given us $14 per share in 3 weeks already. it closed $80.

Nice one boss and remember to pay your tithe to Pastor Vee.

How are our brothers in the lord doing in their next level USA stocks. Hope they are enjoying their next level trading on wall streets from Naija.

Cc: oga oakpearl and co

Who was that person waiting for MTN at 100 naira, food is almost ready.

What is the bid offer for zenith please or is Morgan capital hiding zenith bids ?

Imagine GTB on full offer, the last time GTB was on full offer was in 2015 during recessions

Has UCAP and Afripud been markdown

Care4:
Sounds like we have loggers here.

ukay2:
Sir I understand. ...it is not easy.

I will advise you to buy some FGN Bonds when the yield increase again....I will remind you when the yields improve. ...currently it is about 12%

I have been able to acquire good values of FGN Bonds with average yield above 13.8% of 14.8% FGN BOND 26-April -2049. You will be getting the coupon payments of 14.8% every 6 months till maturity.

With that, you can sleep well and be reinesting the coupon payments either in equities or reinvest it in FGN Bonds.....compound interest

For me, any investment that I cannot sleepwell in the night is not worth it.

I cannot pursue money at the risk of my blood pressure. ....Loooooool

Ok sir, well noted. Thanks and will be waiting for your reminder/update.

ukay2:
So much sleepless night. ....hahahahaha

A beg begin de sleep now oga Jejebaba

Oga RabbiDoracle will not be silenced

Dr Ukay2, I really wish I could but what happened when you have tool failure and your junior on the field had to wake you up to do some troubleshooting and the likes. Wont you watch money acquired through that means and sleepless night with an eagle eyes. Infact, there are some terrible jobs you go to and you wont be able to sleep for 3 days especially if you have tool failure back to back.

stcool:
Na person way no know Oracle dey throw am rock....

Once I check say na new comer for NSE dey throw the rock, I just ignore.

Those that know, will argue and still learn. The rest argue and stay loosing.

Gbamsolutely.

You are absolutely spot on. To see over 32% gain disappeared and turn back to loss again is sth I wouldn't forgive myself this year if i didn't listen to Oracle knowing fully well that I also took a forex loan and devaluation rumours still loud and clear. It would have been a double disaster for me.
With average price of around 7 naira uba that went to 9.25 (32% gain) wiped out and then turn to loss would have been my biggest regret this year.
Oracle, thank you so much and God bless you for that timely advice on this platform. Pls dont allow any imams, pastor, traditionalists to silent you on this forum.
Money was hard for people like us to come buy because it wasn't an inheritance as it was gathered through so much sleepless night and sacrifice.

veecovee:
Easier said than done.

We've tried some of those stuffs my dear. There's no yardstick to measure the low.

He may have bought, sold at lost, buy again, sell at lost and again and again, while trying to buy low.

IF YOU DON'T FEEL COMFORTABLE OWNIING A STOCK FOR 10:YEARS, YOU SHOULDN'T OWN IT FOR 10 MINUTES ...Warren Buffet.

Stop deceiving people here with your hit and run concept.

Pastor Vee, u dont know Oracle strategy and stop guessing please. I am privileged to know his strategy, he buys at a very low price with good margin of safety, even if market drops further after buying, he keeps buying and getting dividends. Then when the market euphoria comes and people start giving ridiculously high prices stocks will get to, then he start to sell and handover his kaya to the market optimist that are waiting for wapco to hit 3 euros.
He is not a trader and doesn't look for 10-20% capital gain. He enters stocks at a ridiculous low price that can give him atleast 100%. A case study was the fidelity he bought at 80 Kobo and sold for 224% gain. He is someone I am privileged to know and also learn from his strategy. He has saved me millions of naira in terms of capital loss. He asked me to sell my uba during the last bull and told me my entry price of 7 naira was too high. Thank God I sold then, if not my uba would have gone back to a loss position in my portfolio.
He is of the strategy of if it doesn't poo, it must vomit but his point has always been buy low with good margin of safety as preached by the intelligent investor by Prof Ben Graham.

Kashif:
Tough to imagine how you always carry other people's issues on your head like gala. Don't you get tired?

Same people different monikers
Una no dey tire to dey duplicate monikers

COMPENGRFRANK:
HELLO MY GOOD PEOPLE I WANT TO START TRADING STOCK BUT I DONT HAVE THE CAPITAL IF YOU ARE TOUCHED AND U WANT TO HELP ME THIS IS MY NO 07033091522,THE TRADITIONAL MARRIAGE I JUST DID TOOK ALL THE MONEY IN MY BANK ACCOUNT.PLS MY PEOPLE I WANT TO GO INTO STOCK INVESTMENT PLS HELP A BROTHER THANK YOU ALL.

Brother Francis Ifeanyi, it is well with ur soul.
Remain blessed forever.

bigjay01:
Bigjay01 reporting as a local investor for the next 10 days.
Good to be home.

Welcome home boss, na when make I show for hood to come collect my own Iya Charlie money.
Anyway, enjoy ur vacation sir in this GMB era.

RabbiDoracle:
Those who are close to me knew that I sold through out January. Cc Jejebaba, DeRuggedProf, 333.

I said start to exit in percentages. The info was for some people. Maybe not to you. You fit dey slim, I no know.

I need time to exit. Maybe your kaya be like nylon of ijebu garri. The main thing is to know when the party is about to be over.

At least you have told me what ails you about my telling people to exit on time. I will adjust and will not issue those statement anymore.

Una can vex on people's happiness.

Oga mi sir, pls dont stop posting oo. I benefited a lot from ur advice and my portfolio had a positive story to tell about it. I really wish I had known you long time, probably I would have retired by now. Imagine I had known you when u were busy accumulating fidelity and exited at over 220% gain. I was forced to mail you after seeing what happened to my portfolio in Jan 2018 when you asked us to exit.
Thanks boss.

Coolcash1:
Guys, please whats happening to Caverton. Yours truly is loaded here...

Owo tutu baba, Caverton to the sky. If you are invested in this company for cash flow, you shouldn't have any problem boss. If its capital appreciation and depending on your funds, u might be stuck. I vowed never to trade this stock until something change in the future. The illiquid of the stock is a big issue for me.

DeRuggedProf:
Old age should make you to be buying Vitafoam products, not their shares.....

Hahahahah, for grandchildren or what ?

Mcy56:
Baba Jeje, we've posted this link several times here nah.
https://sec.gov.ng/public-notice-the-e-dividend-mandate-activation-forms-of-various-registrars-are-now-available-for-download/

Vitafoam is Meristem.

Apologies madam for the repetitive request of the form. Na old age thing don dey set in be that.
Thanks so much for your prompt response, it's well appreciated.

Pls does anyone has link to e-dividend form for vitafoam. I cant find it on NSE website and Meristem as well.
Need to fill the form so that my dividend can be credited to my bank account.
Thanks

bigjay01:
Ex, the weakest I have changed £ in the last 15yrs was in the mid 2000s when it was #194ish to £1. Today the rate is say #470=£1. This implies about 150% depreciation.

Ok
On 04/05/2009 I bought Nascon @4
On 21/08/2009 I bought Nascon @3.01

+ numerous others

You do the maths ...

It does beat the exchange rate differential pants down

Respect sir. You are spot on and proved beyond reasonable doubt that NSE long term beats devaluation hands down.

bigjay01:
Oh boy make i no begin list all my kaya.

Put it this way - I made a few people rich when i entered market in 2006/7.
I really pumped money back to Nigeria! More like shooting in the dark.

However, there has been quite a few very very big wins.

Las las e no kill me. I still tanda gidigbam

Hope it was net gain when converted to Pounds cos most gains in Naira na audio gain oo. Na when u converted it to forex and compared to your cash inflow to the market u go know.

BAMOFIN1:
I don't think you made a mistake selling Uba to enter Zenith bank considering that Uba took off much earlier than zenith bank and at higher rate than Zenith which was doing slow motion. Don't use benefit of hindsight to judge your decision which clearing you had good reasons to take. At about the same time as you, I also sold my Uba (which I thought had appreciated to my envisaged projected price) and I used the proceed to buy Zenith in anticipation of the dividend. Very few could have predicted the ongoing pullback which, by the way, also affected Uba and other stocks. I am sure most experienced people will agree that Zenith will most likely than not climb above N22 when its dividend is eventually announced. BTW there is no rule that you can't sell one stock to buy another in the same sector as it is circumstances on ground at any point in time that will determine that. Happy investing.

Thanks boss, well appreciated

bigjay01:
Of course you sell one bank and buy another one, it all depends on their current behaviours. We know that they do not always exhibit a synchronous movement.
Ex, i was carrying Fidelity and Access, Access started correcting before Fidelity. I sold Aceess days before Fidelity. If i decide to repurchase Access, i would have gained a bit.

Ok boss, thanks for this input. It's well appreciated.

Bomboclad:
Not a stupid decision, its just a matter of time. Zenith would most likely give same dividends as last year which puts you in a good position. Reminds me of the parables of the workers in the vineyard. Whether it falls after you bought it or if others got it cheaper, as long as it works for you eventually, one should be happy.

Thanks boss, I was just like why put the proceeds then in money market at less than 6% when I can get zenith dividends yield of 13% in 2 months. Now I know better.

Agbalowomeri:
My curiosity is why sell a bank to buy another bank when they will likely move together?
Anyway, Oga jejebaba said dividend yield meaning he should make do with the dividend

Na d dividends trapped me boss. I wont repeat such mistake again.
Dats why I need to learn more from boss like you. Now lesson learnt, I will not sell a bank to buy another bank when the market is tanking since they both move together.

rebekah2011:
It was not a stupid decision, you only had itchy fingers.

Yes oo, na serious itchy fingers boss.

lancee:
Good one buddy ..I no say u dey enjoy ur loot for Maldives ..sorry for disturbing u

Was just checking on u when the uba dumping started

Thanks sir for checking on me but unfortunately i am still stuck in the market as i used the uba proceeds to buy zenith bank due to greed of dividends yield in Zenith. It was a stupid decision i made though as i could have waited for zenith to bottom and buy lower with more units.

PETERiCHY:
Oga jejebaaba hope you took our invaluable advice on 13th of jan this year when the OVATION was LOUDEST

Thanks sir for having me in mind. I took the advice though a bit late. I sold btw 8.15 to 8.35. I wished i took the decision when Oga onifa started seeing divergence immediately.

PETERiCHY:
Oga jejebaaba hope you took our invaluable advice on 13th of jan this year when the OVATION was LOUDEST

I took the advice though a bit late. I sold btw 8.15 to 8.35. I wished i took the decision when Oga onifa started seeing divergence immediately.

lancee:
We re taking over soon ..The bullish team

My buddy jejebabsy ..hope uba went well ..Am sure u dey ok on uba since

Wating to chop div remaining uba I get

Which UBA sir, was it the one i don sell since Oga Onifa sounded the alarm and started seeing divergence.