₦airaland Forum

megawealth01:
The crazy thing is that fuel is almost sold at N1,450 in Nigeria as reported by Vanguard Newspapers, and everyone seems to accept it as normal

yMcy56:
Dey don come again....😊

stockbull:
Greetings to everyone here.

I'm writing this post to target newbies in this market.

First, it's good this thread has helped one or two people, and there are many good people that are willing to help others here.

If you ask me, I still read and learn from you guys here but I'm not that active in this market, hence don't have much to contribute.

However, one thing I'm very sure about, No one can maximize growth opportunities in long term by being a core fundamentalist or Technical analyst (FA or TA follower.), Not in this age anymore.

People who're relatively new in this game should swallow this bitter truth that in this age, the two are very important to grow their portfolios.

The competition between TA and FA is a global thing, and not here only.

FA is reasonable, while TA defies logics, and both works.

The FA apostles find it difficult to accept TA because it's not reasonable, and they believe company's performance precede the chart.

Also, FA was the only tool accessible in the past when the world has not become a one community.

TA apostles accept FA, and grow with the trend, hence compliment the two.

Whether you're a core FA or TA today, the two works to make money, and that's exactly what should be the focus.

Let me tell a short story that birthed this thread.

I was exposed to the US market some years back because I love the American culture.

I invested in the US stocks through my then broker, TDAmeritrade. While there was no robust investing platform then, I love being on the internet.

I was also one of the early birds of StockMarketNigeria (SMN) but was not that active, but read daily with my general moniker.

I visit and talk once in a while because I bought some IPOs days when companies flaunt their banners on Billboard on main federal roads then, we don't see that today anymore.

What I experienced with foreign market made me registered a new moniker 'Stockbull', and wanted to incorporate TA in the Nigerian market.

Whoooh, I was not giving a breeding space on SMN because the majority are Fundamentalists, TA isn't reasonable, NSE has not gone digital then.

I lost a lot of money too because my analog broker don't always buy stocks at my desired price.

TA was almost impossible on NSE unless you're a broker or have a big fund to influence.

I registered my moniker Stockbull again on Nairaland and NigerianBestForum, and opened this thread to outlive SMN.

I was trying my best, and many people started contributing their TA and FA knowledge here, and this thread and picks became their discussion on SMN.

Some of the FA apostles registered here to prove TA wrong here, but we were moving, and many of them grew with time to incorporate TA.

Some were not bold to admit it, but some did and TA followers grew to a level the FA guys were not able to challenge them.

My candid advice again,
Whether you're a core FA or TA today, the two works to make money, and that's exactly what should be the focus.

naturalflow:
They allowed Oando to closed at 91 today so that from tomorrow it will be round figure 100,110,120,1750.... Chai

Laso09:
I still cannot see how a fully functional dangote refinery will improve our fx significantly.

ojeysky:
You really believe that to be one of his aim? A business man like Dangote would aim to control pricing like in other sector he is in. Not judging him though he is a businessman

MARKETJJC:
Comment made purely from dividend point of view as at now. Dividend bull will push stanbic more than it will do zenith.

Stanbic #56: dividend #2
Zenith #38: dividend #1

That means to get #2 dividend in zenith, you need #72 but with stanbic you need #56

My village man sense

Zagee:
"Domestic Sales Distributors" does not include being on the queue?

Zagee:
If everything check-out on the 30th. Serious money!!!

Zagee:
What is all this talk of NNPCL monopoly on buying from DR? What happened to our enlisted right-to-purchase coys?

Agbalowomeri:
But Stanbic has always paid higher dividend as interim and their final dividend is typically less than their interim dividend

megawealth01:
Pay close attention to details

KarlTom:
STANBIC IBTC

https://doclib.ngxgroup.com/Financial_NewsDocs/42096_STANBIC_IBTC__HOLDINGS_PLC-CORPORATE_ACTIONS_ANNOUNCEMENT_CORPORATE_ACTIONS_SEPTEMBER_2024.pdf

GeeKudi:
Bro, na 1k you write oo 😂😂

megawealth01:
I may not agree with Alhaji on many things but...

Why did they fight the refinery until the populace came for them... If not for the populace and how Alhaji wanted everything in the open they for just do worse...

Who ever knew that Alhaji paid alot of money for the lands that was assumed to be free?

megawealth01:
https://dailypost.ng/Nigerian-Govt-denies-asking-NNPCL-to-sell-fuel-at-N1000-per-litre

FG Denies Asking NNPCL To Sell Fuel At ₦1000 Per Litre

Payunsin:
My liver don dey cut, I have started selling part of my Oando.
Though I still have the believe it will rally higher

robobo:
i think it is moving towards a price when some VERY HEAVY CROSS DEAL would be done

what that Price is, is what i dont know (someone mentioned 94 as magic number here about a week ago when it was around 70ish)

GeeKudi:
Someone, please.
How do I move funds from "Executions" to "Accounts" on Morgan itrade?

I have money from sales but I am not able to use it for buy order placement.

Emir01:
Dangote stocks on the Nigeria Stock Exchange will rise in the coming months or years. Mark this message. This refinery will create an expansion for all his businesses, Baba may start buying back his stock at a time.

dapix:
NNPC has reviewed their pump price to N875 PER LITRE

megawealth01:
Let's not even start another debate because you know some of those items mentioned can't stay for a year and still used by you or anyone

designking:
I had 50,000 units and sold 40,000 units to take profit. I am waiting for a pullback so that I can re-enter.

My 10,000 is still in the market