₦airaland Forum

Regarding DS, the 'WHY' question is why were people rushing to the exit with the slightest negative news regarding the company/Merger?

** Most people holding the stock got in at below 20 and are sitting on massive profit so have nothing to loose (simple).

Will it happen again? ...

** My 2 cents

ProphetUtuocha:
On Oando, remember: thou shall seek but shall not find. This is morning yet on the journey to its destiny. For sure, there will be hiccups along the way but that which was revealed shall be fulfilled!

Let's see what happens when it gets to N11.90 then the next line of action will be decided. For now, I am okay with the units though planned to top at 9.50 today but nothing for me.

lasisi:
This is financial engineering at its best. Look beyond the stated EPS

Loud am o make dem no hype the good result carry people wey dey pursue stock enter FIRE.
If dey over-price am, na to leave am for them o. The result is awesome but ...
Multiverse should be a warning. I know a lot of people who no gree hear word that are hurting o.

Paper profit na profit till e hang for your hand.

** My two cent.

bisiki2:
Thank you.

I may just have to cut my loss.

Bros no vex o, what loss percentage have you incurred (hypothetical) & time frame have you held the stock for; that is making you to begin to think "I may just have to cut my loss" & at what point do you think you will finally say "enough is enough", We move, and hit the sell button and move invested funds to another investment!!

Omooloriredade:
Prof, alarms are going off in my brain. My brain cells are overheating. Dakun!

Not sure I understand your question but the bolded seems to suggest what happens when we have a bull (price skyrockets leading to unrealistic pricing) or bear (price capitulation leading to excessive price decline) scenario?

My Oga, probability is very slim there will be price loss during a bull so looking at bearish market pricing using a 25% +(-) 5% decline from most recent high.

I am also looking at holding time frame & loss as a percentage of invested capital in the equity.

** Sample scenario using 6months time frame
At 12.5% price loss after 3 months, highlight investment, and if situation remains same after the next 3 months or drops to 20% at any point within the next 3 months, the system (could be human) sell.

Omooloriredade:
I reckon it's subjective and only open to individual perception or assessment. How much risk you choose to assign to the asset held and the chance or probability of profiting from a prospective asset.

At what Point of focus do you think the 'generality' of the investing populace will converge?

Thank you for your time.

Omooloriredade:
T & C always applies. Litigation is not as easy as you think. Below was in the RI prospectus.

So from the onset, they had this scenario planned out abi? No problem.
- Seller na King; Buyer na King too.

Omooloriredade:
- Opportunity cost
- Change in underlying FA

@ Opportunity cost - what will be the weighting +(-) % in favour/against

Thank you

Omooloriredade:
Not much the bank can do. RI was completed and is now undergoing regulatory approvals. What else do you expect or suggest they do?

They should not promise what they are not sure if they can deliver or not.
They are just lucky Nigeria is not a litigatious nation. Their body (abi pocket) for tell them.
A lot is at stake - people's pensions that were invested that needs to at least keep up with inflation amongst so many other scenarios.

Hello everyone,

I am trying to add another layer of variable into a model so need as many diverse opinion as possible.

Assuming you are in a loosing position in a trade, at what point & enabling-factors will you start considering cutting your losses and moving on; also at what point will you finally hit the button?

Possible scenarios looking at considering
- Time frame duration held
- Loss % incurred

You can add inputs to look at too.

Thank you.

Zagee:
https://nairametrics.com/2024/05/03/wema-bank-to-seek-shareholders-approval-for-n200-billion-capital-raise/?amp=1

Are they not just coming from a concluded RI? Interesting.

I will not touch that bank even @ N0.50 till they credit CSCS with concluded RI they said they will do in January. They are a bunch of very unserious people. What if people borrowed money to take up the offer?

veecovee:
For those that sold their sugar in panic, next time when you see big buyers around, quickly cancel your sell other as I said above

Bro, do not blame anyone that rushed to sell when they saw opportunit to. People are hurting real bad believe me. Ghosts are not the ones that bought Guinea Insurance @ N0.62 amongst so many other similar ones. A lot of people tried to warn newbies but Bull market is sweeter than honey & comes with the spirit of easy money.

DS is not yet done with its trajectory, just give it a little time except they want to artificially keep propping it up till the merger timeframe is released "MY OPINION".

Water must always find its way.

DD advised!

Streetinvestor2:
@peteru is sugar going to #20 again in a week time.

Loco how far with our tears.why you IE they fear to touch #1.50 make I commot.

On another news JB and conoil making me happy. I need my bet naija onado at #9 make I reinvest some of my dividend. Life is all about risk but champion no follow for the risk matter,lol

IEI must touch 1.50. Most people got in at that price.

KarlTom:
It is stated: private placement is different from RI

They said RI initially and even gave qualification date if I am not mistaken which was the reason i sold after the qualification date but it is all good. We Move!

I remember Mcy tackling me then about it 'cos I mentioned people should tread with caution while buying itbecause of the coming RI @N1. Maybe I got the two mixed up.

The level of insider dealing in this market, ...

Wait o, abeg has JAIZ Bank completed the RI @ N1 shareholders' were waiting for abi I no come dey understand English?
So the RI turned out to be "Some of our shareholders" and was not opened to all shareholders. It is well. Trust Nigerian CEOs at your own risk.

"Musa signed the agreement on behalf of Jaiz Bank on the closing day of a series of events celebrating the golden jubilee of IsDB.
:
:
We only have a gap of N1.3 billion to meet up with N20 billion capitalisation, and I am sure you can remember that three months ago, we concluded a private placement by some of our shareholders, injecting additional N10.4 billion to meet up with our capitalisation requirement"

The Spirit behind money is really something else.

https://www.premiumtimesng.com/news/top-news/690306-jaiz-bank-secures-20-million-equity-investment-from-saudi-arabias-icd.html

Looks like all these pump & dump stocks are going back to there pre=pump prices. All the results, no one wey dey go use manage the other.

** They are still better than IB though.

Hajicairo:
FCMB is here....
https://doclib.ngxgroup.com/Financial_NewsDocs/41131_FCMB_GROUP_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Nice result. They even have a better Qtr1. KM10 triggered.

Abeg no company should release any bad result again o.

FCMB - 50kobo dividend proposed. I see FCMB overtaking Fidelity in price even though Fidelity released a lovely 1st Qtr result.

megawealth01:
Cornerstone cooking good food?

Did you see the result or are you in it and looking for who to dump on? If none of the above, move on, there are better options if you are looking for capital appreciation.

Enough said for 1 week in 1 day. Back to Ghost mode.

ositadima1:
You no go because you want to buy at bargain they talk something way dey incorrect.

DS never release Q1, u talk say they release and it is bad.

U talk say DS go dey fall, I talk say not necessarily, look at bids.

Some guy say Nascon bad, I talk say na FX make am bad small o cos dey still make profit, if not na very good eh be.

So, d coco be say, no dey add salt and pepper, cos somebody go correct you.

Just read thru all my posts from Pg.7740 onwards. Bros, I no see where I talk say DS result bad o except if eye don dey pain me. I only said, "make we see if e go fall another max today, then we will take it from there" which it did fall.

The next statement I made regarding DS was that Trends do not move in a straight line which you know except you wan dey economical with the truth.
I am always sympathetic when people loose their hard earned money in investment choices that didn't pan out as they planned because I know raising capital is not easy but it still doesn't stop me from saying the hard truth.

I even said that MM will be mopping up the shares while pushing the price down to force people to sell to cut their losses but the patient ones who can wait should wait it out & average down from Circa 30 which it arrived today closing at 38.90.

Abeg, if you see where I talk say DS result bad, show me make I know when to begin go see my eye doctor.

Udo!!!

Locotrader:
I am soft now sha
Is tomorrow not public holiday?

I do not know about naija public holidays o. E be like say the country get the highest number of public holidays for the world or close to that. Na only the country dey give - Good Friday, Easter Monday plus all the other Eid(s).

ositadima1:
You no go because you want to buy at bargain they talk something way dey incorrect.

DS never release Q1, u talk say they release and it is bad.

U talk say DS go dey fall, I talk say not necessarily, look at bids.

Some guy say Nascon bad, I talk say na FX make am bad small o cos dey still make profit, if not na very good eh be.

So, d coco be say, no dey add salt and pepper, cos somebody go correct you.

I posted Vitafoam result and said it was bad but let me go thru my posts to verify before I reply.

Locotrader:
I don't want to bet because IEI is my top stock pick For 2024.

If i bet or disagree with you,things go call yakata

It closed @1.39 today with 303,000 units sold. Where will you see the sizeable volume you are looking for at below 1.50? If it closes above 1.45 tomorrow, my offer is off the table. All the best.

ositadima1:
Read the notes and you will find out that it is still due to foreign exchange losses, about 7 billion naira.

I noticed that companies that avoided reporting the foreign exchange losses in their annual results did so in this first quarter. I mean manufacturing companies. Service companies like NAHCO and some others didn't have this problem.

One exception is MTNN; it reported these losses in both reports.

Bros, Long grammar no dey pay again. All the grammar, " og-one ka o putalu na afia"
Start mopping up, we go buy from you later. Na your body go tell you.

222Martins:
The negative result from Vitafoam seems to originate from Administrative expenses......... Administrative expenses jumped from 3,978,504,000 to 16,742,883,000... That is a whooping 320% increase. While Finance Cost jumped from 464,937,000 to 2,055,220,000 That's a 342% increase.........

That one na the management headache, make dey sort am out na their work that they are being compensated for handsomely. If not, we go tell them wetin their performance worth for the market and expect the board to also do their job which is to send them packing. If both parties no come gree, Otedola vs Tony will be their case with time.

Locotrader:
Okay,but remember I am bidding to get supply but supply is kept high.

If I no see supply at those prices in coming days,I go remove those bids

The earlier you remove and look for somewhere else to key in, the better. You won't see good supply till N1.5 or very close to that. "Bend down well, make you see Aba."

222Martins:
The negative result from Vitafoam seems to originate from Administrative expenses......... Administrative expenses jumped from 3,978,504,000 to 16,742,883,000... That is a whooping 320% increase.

To God be the Glory though. Just started picking up units yesterday and today see bombshell. Will revisit them @Circa13. Interested SPECULATORS, EnjoY.

Locotrader:
I need IEI at bargain prices.
Let's deal if you have

Why will anyone sell to you at bargain price if they can sell it on the floor. I will sell to you @ N1.50. Will you buy? That is what I will sell on the floor when it gets there.

ositadima1:
I have stopped taking any statements that are based on hopeville seriously; it is the new age of evidence-based reasoning.

It is a 20 naira stock abi, and we have people buying it in the millions. 100,000 units are even uncountable.

Maybe na money miss road, or corrupt politicians abi? Lol, you may not see it at 40 by nextweek sef, they way some people are swallowing it.

No forget trend no dey move in a straight line o. Wave must dey. Abi you no wan make we follow enter the train Trajectory is ...

They will be mopping it up while dragging the price down to force out the hands of the faint hearted/itchy fingers. You can wait it out & start averaging down when it gets to N35. But I see it touching N30 "hopefully" which is when I'll most likely start entering.

https://doclib.ngxgroup.com/Financial_NewsDocs/41100_VITAFOAM_NIG_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

See result. Nahco go just release better result another 2 go kill the supposed bullish effect with there own result. How general bull wan use come to help out those inside Dangote trains.

Ok,