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Justcul's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 12:14pm On Jul 15, 2020
onegentleguy:


I like u so much bro !! wink cheesy grin
...u know why? 'Cause its folks like u that will later rush in to buy from us in due course... and we shall gladly sell some of our stake to u @ a good premium.
When the time cometh, u will help increase our REWARD MARGIN !! wink cheesy grin

It is well.

Lol my oga OGG. We shall see.. i would prefer to come in when the results improve, earnings improve sir. I don't hate any stock, I only detest poorly managed companies. I will buy even Japaul if it shows sustained 5 year improved earnings..

Remember I am a dividend HUNTER not a bargain Hunter sir. grin grin grin

Just to add. Earlier today I received all my outstanding dividends from many years.. through the various registrars.. kudos to Veritas, Datamax, United securities, and first registrars..

Still awaiting Africa prudential though cool cool cool

12 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 12:00pm On Jul 15, 2020
Most of you buying UACN are on a long thin... The board don't care about you. By the time your eyes clear, you will know what happened...

They have nothing to offer from what I watched so far. Don't invest based on hope, rather based onnumbers. Useless company.. "rob the poor to feed the rich"
grin grin grin

10 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 4:18pm On Jul 14, 2020
phoinix:


Sorry, I meant sold. I don't know why this Ogas sour. I did something extraordinary and they bent on shooting me down. grin grin grin

Enjoy it my dear, i celebrate you..

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 4:12pm On Jul 14, 2020
phoinix:


I don't really understand what is funny though, assuming I didn't buy that quantity of shares at near closing time would the market have closed at 1.89 ?

Check well my dear, you sold your shares

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 8:31pm On Jul 09, 2020
ukay2:


10% of your dividend payment....

If your dividend is N100, 10% of it is N10....so you will get alert of N90.

Some companies do not deduct the 10%WHT like Dangcem, Wapco, FMN from my experience

Because they have tax holidays grin grin grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 2:34pm On Jul 05, 2020
RabbiDoracle:


When fundamentals deviates from price. It occurs at both high prices and low prices.

There are some fundamental parameters you should look out for. Once people start to bid senselessly in future (long term trend) , and it doesn't support those fundamentals, you will need to sell.


This might not hold true for TESLA bro. depending on the parameters used to refer "Fundamentals" grin grin grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 9:26am On Jul 03, 2020
megawealth01:
Las Las na only madam mercy, the big smart guy, Prof and few others I take their recommendations serious...

Firstly, as for me i don't care who and who you take their recommendations serious.. (because i do my due diligence).

As for those of you doubting Rabbi's predictions based on his model, well, he has not been proven wrong until Zenith touches 11.90, If this happens, then we can start talking.. As for me, I have started Buying Zenith and will continue to do so..

Invest value, Peace!

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 7:59pm On Jul 02, 2020
Seunn11:


It should not go below 13

It won't.. i expect a reversal between 13.0, 13.5 and 14.0
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 12:10pm On Jul 02, 2020
debostar:
Has anyone experienced transaction reversal from a bank in nigeria before.
I have been trying to transfer money to Morgan capital group since yesterday.Each time ,the transaction keeps saying failed transaction or reversal
Please ,what do I do

Morgan has two accounts, Polaris and Zenith bank.. have you tried both?

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 12:05pm On Jul 01, 2020
Stew everywhere.. buy in trenches grin grin grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 11:02am On Jun 29, 2020
stew everywhere smiley
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 9:00am On Jun 29, 2020
pluto09:



And if it breaks below 110, what should he do grin

Average down grin grin grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 7:00am On Jun 29, 2020
RabbiDoracle:


Don't panic sell. Just hold. When it starts to rise, it does nothing but 10 10%.

People don't know the value of what they have until itchy fingers get over them.. smh

As for me, this is the best time to accumulate lipsrsealed

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 10:26pm On Jun 28, 2020
DeRuggedProf:


When you start seeing bad news from a bank, get ready for a massive reward.

Just target the volume behaviour and take maximum advantage of uninformed behaviour.

We are brutal capitalists, we love swings on bad news.

We help the uninformed public inteprete it with a haircut.... grin

As an investor, I am worried because the said payment will now be factored in as a cost of sales or funded from the reserve
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 2:43pm On Jun 28, 2020
emmanuelewumi:



How is it risky? Private equity Investors invest in businesses, real Estates and other ventures, they may decide to exit after 5 years or more at a promote

Oh, now I get you. The bolded Very important �
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 2:25pm On Jun 28, 2020
emmanuelewumi:



Private equity Investments does not have to be made in companies on the stock exchange.

Some profitable businesses and ventures are not on the stock exchange

Very risky in that case sir grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 7:29am On Jun 28, 2020
Mpeace:
But stampduty goes to the federal government, so I doubt the impact on the bank would be positive.

Truth is our government is broke. They stopped salaries of teachers in federal colleges in one of the states in the North.. salaries for June not paid.. I am not sure for other parts of the country though..

Might be a signal to the looming recession lipsrsealed

May God help our country.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 11:14am On Jun 27, 2020
talk2me2:
I have already siad that I will respond to the question about the qualification date after the price of UACN drop to N5 or below, so that I can increase my holding in the coy to 100% of my portfolio from the current 80%.

I have already done my own research on the UACN and the unbundling project so I already possess all the info that I need to make my decision about the coy. My decision to buy UACN is not based on hear say.

Let me advice you to go and do due diligence about the stock or any other stock that you intend to buy, and allow the UACN to drop for those of us that have already done our own dd to be able to buy the more.

That's good for you bro.. and I hope it goes well for you in all honesty.. infact I sold my remaining Afolabi units 2 days ago grin

My trap is already in place for value entries in certain stocks.. just waiting and hoping Chibuking predictions come to pass..

In all, I wish evey portfolio represented here greenish output in the nearest future..

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 10:36am On Jun 27, 2020
talk2me2:
Mcr56 it is better to leave some people alone let them even miss out on this unbundling project. At least let us see those that will cry had I know. After all Uchetoba, Myself, OGG, Yourself and many others have already done alot to enlighten them. Even some of us right now need more UACN. For instance Myself, Uchetoba, Seunn11 among others wants the price to drop to N5 and below so that we can increase our holdings.

Let me also tell those that are still afraid of the UACN to stay clear if they are yet to buy the stock, and if they have alread bought to quickly go and sell from Monday. Since the price is still 'very high,' so that they will not lose money when the price drop to N5 or N2 (like some have predicted) and begin to complain.

It is not even good to gamble with your money in the name of investment. Therefore, those that are not yet convinced about UACN and their unbundling project should please keep their money. So that the price can fall for those that are sure to be able to invest more.

Regards,
T2M2.

You aren't even sure you qualify for any profits from the unbundling.. no information on qualification date.. have that in your mind grin grin grin

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 7:13pm On Jun 26, 2020
@all, Morgan capital sent a message that you need to complete the KYC on or before 30th June 2020, scan and send back to them.


Edited!

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 4:48pm On Jun 26, 2020
emmanuelewumi:



Not following the stock but management is trying to restructure the business and create three Businesses out of it

Flour Mills is a conglomerate that makes sugar, flour, pasta, fertilizer. Also into agricultural, food processing, shipping, packaging, real estate etc.

So it will be very difficult to analyze and value the company.

Thanks I appreciate smiley
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 4:25pm On Jun 26, 2020
@Emmanuelewumi, please can you shine light on Flourmill fundamentally? i will greatly appreciate it sir.
@Fxuser, what do you think is the best entry point in Flourmill based on Technical? Thanks
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 6:53am On Jun 25, 2020
Chibuking81:

Yes Full bid today and full offer at the end of next day market, jijo always trade with caution. Many are willing to enter the vehicle at 20 kobo, because it is the lowest low, that's why you see millions of bid, but when the goal post move to 23 kobo that means the gang of 20 kobo might not move further because today lower price of it will be at 21 kobo with yesterday closing price of 23 kobo, unless another 20 kobo opportunity show up today, if it closes at 22/21 kobo, then by tomorrow 20 kobo millions bidder gang will surface, its mainly for jijo, since jijo has become the part of the game.
There was a pull back in their 2019 result compared with their 2018 and their q1 result has not yet come out. So one need to follow them with caution to avoid trapping down in the midst of June/July bonanza period, with many juices opportunities in the sound fundamental stocks.

Honestly you have spare time.. despite several warnings ⚠️ here some people still have appetite for 20 kobo penny stocks, do it at your own risk.. don't come here expecting people to confirm your investment decision..

If it works for you, good luck and enjoy your loot. If it goes the other way, well that na school fees.

The question is, those penny stocks.. what are the numbers saying. When was the last time they released their full year report? Any profits/losses? If yes, why? Transaction history, volume, dividends declaration etc.

Well, it is your money not mine so do as you wish..

Invest wisely grin grin grin

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 9:43am On Jun 21, 2020
stcool:


No clear financial analysis from NSEMPA as usual just meme and assumptions.

If Japaul goes to N1 we would have another meme as usual.

Na buy we buy we no kill person...UACN, JAPAUL I wont sell until I see the end

grin

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 9:38am On Jun 21, 2020
emmanuelewumi:



Are you sure you are not trapped in this stock?

Jegede should buy out shareholders, delist the company or he should sell the remaining assets of the companies and share the proceeds with the shareholders.

If the company is liquidated shareholders should be able to get 50k per share. Which will cost the current about N3 billion

He is ... grin grin grin

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 11:32am On Jun 20, 2020
RabbiDoracle:


It is on a daily timeframe.

Look at top of the chart. You will see FBNH, D

[b]That D [/b]is the Daily.

Thanks Rabbi, I didn't see that or didn't understand it properly. grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 11:01am On Jun 20, 2020
ositadima1:


Price will exit identified resistance/support at either end. It could exit at stop-loss (4.65) which is unlikely or exit at 5.7 which has a higher probability. If u are asking me for how long it will be ranging in between then i will say i am not sure, may be a week or a few weeks.

No sir, I mean when you read charts, they are viewed in different time frames e.g. daily, weekly, monthly, yearly.. etc. Even intraday sef grin

It helps the readers a lot in making decisions.. these time frames in most cases show different trends and support/resistance levels.. cool

Like what you showed up there should be the daily i guess.. if you view it again using weekly, your interpretations could be different grin grin grin

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 10:32am On Jun 20, 2020
ositadima1:
It appears that zone A-B (Support) and zone C-D (Resistance) are in play. If I am correct FBNH will be bouncing between this zones in the short term, with A-B ranging between 4.9 and 5, while C-D ranging between 5.25 and 5.7 .

The implications are that for a short term JIJO trader an entry at 5 would be ideal, stop-loss set at 4.65 (risk/reward ratio: 2:1) and take profit at 5.7 (15% profit). Already, one bus has left the park at swing point PSPL. Will it head to its destination or retrace to pick more passengers? grin cool

Notes: I came up with this support/resistance by anchoring to relatively significant price bars. A an D because those bars had volume expansion, C and D because the bar had a wider price spread as well as a high relative trade volume.

Just to encourage you, always indicate the time frame you are working with.. very important grin

I'm happy you are working with FBNH as I hold certain interest in the stock. In fact, it has 4.05, 4.5, 4.75, 5.0, 5.70 value points..(just my opinions and little research)

I know these points of hand, just as I do for gtb and zenith.. it helps when you have your cutlass sharpened grin >: grin grin

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 7:04pm On Jun 19, 2020
stcool:


You want to increase share capital by 60billion with option of share construction

Useless Gold-digger grin grin grin

You said here sometime ago that you are in this bus grin grin grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 10:31am On Jun 19, 2020
At this time, HOLD.... and wait to buy the dips if you find value. As for me, trap set, cutlass sharpened.. waiting @Zenith, Gtb, Dangcement, UBA, Access, FBNH


Invest wisely

Not a buy or sell recommendation grin grin grin

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 2:41pm On Jun 18, 2020
Enyinne:
Ok sir , thanks

Sent them an email this afternoon and I got an automatic response acknowledging my email and that I should expect their feedback within 24 hours
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 2:13pm On Jun 18, 2020
Enyinne:
Thanks ma'am for reaching out , all the numbers on their website hv been called including this number but no one is picking up . Pls what other options do i hv on this # newbie #

Just be patient, it takes a few working days for them to respond.. best wishes wink

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