₦airaland Forum

Mcy56:
Lol. The job I gave myself.
We've sometimes talked about it one time like that ......and I remembered saying this is what I do for myself as a trader, just extending it here.
Some of my Ogas were against it that time but some want it, so I'm just trying to maintain the balance, hope I'm actually maintaining balance without some itchy fingers emotionally acting on my updates.
Reason we put caveat and advice against emotional trading too.

Mcy56:
How come?
You guys still needs more learning on patience sometimes.
What happened to you averaging down?
As an investor and trader especially, you need to deal with your emotions, have a personal objective on why you're investing and decide the type of investor you want to be.
Understanding this will assist you to make some better investment decisions.
Stock market is not just about the Bull alone, but also about the bear. About the operating environment and it's economic situation.
Make I stop there, I wan go market.

NB: I'm really learning some things from the book " How to Day Trade For A Living" courtesy of Coolcash1 (and few other books anyway)
Thanks Bro.

onegentleguy:
Thanks bro !!

Yet another +1...
It's my Bday folks.

Pls join me in saying a big thank u to DEVINE for his GRACE.
Far above everything else, for his mercies and privilege of life despite my shortcomings.
...it can ONLY be GOD !! I remember the post above(a turning point)

No matter where u are, who u are and what u do, ALWAYS ALWAYS admit to his grace in ur life.
...Believe me when I say; it pays to do so !!

Regards

onegentleguy:
So I did an extensive analysis yesterday and found out a certain coy in a certain sector that holds IMMENSE VALUE !!

On the surface, those who look to focus only on earnings delivery(NPM in view) without a deep consideration of other very key valuation metrics will probably not see the huge potential therein.
I look @ the coys financial print(last 3 quarters in view), and I see some similarities with the drive for VALUE like that of WAPCO and NEIMETH in recent times.
...inherent REWARD is by far, way ahead of the combination of surrounding RISK and current asset PRICE !!

Using a fine blend of appropriate valuation models which incorporates a high risk premium, there's a strong chance that the said coy can deliver over 115% ROI in the short to mid-term and near 170% looking past the mid-term horizon or should there be a possible buy out.
With the said asset, the probability of a +ROI play is already near 1.


Baba show us the way now....give us the full green light. Thanks as usual.

It is well.

meine:
Morning guys yesterday was one of the saddest days in the history of this nation. Harmless youths were shot by soldiers at the lekki toll gate.

May the organisers and perpetrators of this demonic show never know peace. I and few friends will be going out today to join any organised resistance we can find. If there is none we go online. Victoria Ascerta!!!

I Will also be Watching to see what impact this will have on the NSE today.

Mcy56:
Wapco is supposed to join list of stocks making new 52wks high today.
Jideflash, no prediction voucher again?

Chai! Make Una no mind me ooo.

lmm4real:
Thank you sir. I have sent over twenty mails to that email address and non was acknowledged or even replied.
The phone number just rings on and on, no one picks it.
The website is another story, it has an online chart platform that nobody replies.

ositadima1:
More ...

stcool:
Its like Dangote Cement wants to take over WAPCO

...probably a deal soon

Barrytone:
In response to quotes: my Tbills investment is solely savings to arrive at a certain targeted figure then I move them to bond and then repeat same process. Planning to commence bond investment Q1 of next year. I hardly have the 50m cap at hand when opportunity unveil as I have several smaller amount in treasury bills. On my source of income, so far I have only two being salary and Tbills interest but hoping to do bond from next year. I have decided to leave out my properties as there are not profitable and can only cater for few drinks. On why am not into biz, simply I can't monitor them as I wish. 2019 April I invested 1.1m on a young man to acquire mini bus and return my money in 18months. Yesterday I invited him over for account balancing and realized he just paid 490k in over a year. That can't be my biz, not ready and don't have time for fights. My target for now is to have a working capital of 1b naira then retire from my salary work. From my calculations this will be achieved by my year 55. No matter the value of naira then I bet shouldn't be 50% less from today's value. All I need is sustainability, change car every 3 years, maintain my house, pay domestic staff, have enough for health care when needs arise and cater for the needy in my little way. 1b at 10% is about 8m monthly and if value is half then am looking at 4m of today's value. With 4m monthly presently, I can live that live I so wished. I do not intend to go looking for more money as am busy planning my dead and really don't care what happens after am gone. how long do we think a 55yrs old man will survive. Those remaining years are for groove and not hustle. I can't be dangote that is building refinery at his age. My activity stops at 55, I just want to breath and not own money that might become useless to me yet useful to generation unborn. I hustled mine from the scratch, they will inherit my 1b capital and that's all. As it stands today, if I loss my job, my investment is capable of paying me same salary am receiving as it stands. There is amount of money you get and it just keep going up without doing a thing. On the 4% Tbills "savings" plan, with huge capital, you wouldn't feel the low rate hence those guys with billions keep over subscribing. They wouldn't risk their billions on this naija economy. All they do is recycle the billions. So even at 1%, its still over subscribed.

phemmie06:
Honestly speaking united securities do respond to my mails. I wrote them on 17 and I got response same day, and that was not the first time of writing them. You can try this

olasunkanmi.olademo@unitedsecuritieslimited.com

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RabbiDoracle:
Just got released after a ban for explaining the meaning of a banking acronym (fugaz). I think the owners of this site needs to overhaul their system. Many members were banned for trying to explain something.

OGG was even banned yesterday for replying to Fxuser post.

rebekah2011:
FUGAZ is an acronym for First Bank, UBA,
Gtbank, Access and Zenith Bank

BullBearMkt:
Most Sectors Are Performing Below The Market Index, But Not Insurance Sector

Insurance sector on NSE ASI index has been performing very well in 2020. However, in this recent decline in the market, Food and Beverages/Tobacco sector - WHITE LINE (along with Consumer Goods Sector - LIGHT GREEN) has stated to turn upside while the general market is falling.

I think these 2 sectors may likely perform better than the market going forward. The insurance sector (PUrPLE LINE) is still doing well, as it's already above the market (BLUE LINE). Get some "perceived" good fundamental stocks in these sectors to start aligning with as the market declines.

Sector analysis sometimes gives better market breadth which we can use to gauge the market.

Best of luck.

Youtube

https://www.youtube.com/watch?v=i33DJWo6pd8

PLAN YOUR TRADES AND TRADE YOUR PLANS

Jayjaycee18:
Thanks @ogg, for your numerous expository and very detailed analysis which enabled me carry out due diligence and finally invest in Neimeth. The stock rose almost 100% before i cashed out. Appreciate your sincerity of purpose on Nairaland NSEMPA forum. Remain blessed!

fxuser:
Reminder
- its okay to buy support
- the cost of been wrong is lower
- dont let kobo kobo get in the way lollx
- FUGAZ pull back on low vol to prev resistance (flips to SS) looks okay

Dis
add zen

DrAwo:
Mr Efficient....

locodemy:
Technically,wapic to see 50% rise.

Is unity bank among the prophets?

I am beginning to like technical build up of some stocks this morning.

Jp a sudden u- turn.uhmm

Interesting times building up gradually.

A new 10% quick come o

emmanuelewumi:
As long as the business is well managed, fundamentals are solid, earnings are growing and it is appropriately priced, anything short of this is to sell and reinvest in well managed and growing businesses, selling at a discount

emmanuelewumi:
Ten percent is okay. A popular lawyer got a dividend of N70 million last week from Okomu Oil and paid withholding tax of N7 million.

If he earned N70 million as salary, he would have paid up to N15 million or more as PAYE

emmanuelewumi:
Just got Lafarge dividend, withholding tax was not deducted. I guess dividend was paid from the reserves abi they are steal enjoying pioneer profits ni

emmanuelewumi:
The lockdown is real. Thank God for expected dividends from Lafarge, Dangote cement, Seplat, Carverton, May and Baker, Julius Berger, Niger Delta Exploration, Friesland Wamco, Stanbic IBTC, Airtel Africa, Nigeria Brewery, Cadbury, Berger paints, Nestle etc for the month of June.

OBAGADAFFI:
GSK

Mpeace:
Classmate na pump and dump oh. I notice say you no come school during lockdown. Na that time them teach us. Some of our big profs never even return from lockdown