₦airaland Forum

222Martins:
I always welcome a price fall with open arms and joy............When ChampBrew released its 2023 AFS and the price was dropping, i encouraged people to sell. My money is made in the buyers market (downward trend), not in a seller's market (upward trend). I will surely drink the tears of yMcy56 in NS/DS in due time..........Anybody is also welcome to cherrypick ChampBrew and push the price to N1.

That's the spirit bro but there are better stocks out there. Flourmill dropped below 29 not too long ago. If NNFM did North of 40, wait and see what happens...

Champion is going below 3.00 anyhow you look at it but then what do I know.
The market has mind of its own. Let's see how far it drops after bonus markdown/how long they can artificially prop up the price.

DD advised.

ositadima1:
Loco come and see.

Na link I post, na you open am o. I no dey o. Make I kuku go Ghostmode.

https://doclib.ngxgroup.com/Financial_NewsDocs/41018_CHAMPION_BREW._PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf


Na Champion Brewery Qtr 1 be dis? I zip my mouth but e be like ...

Locotrader:
No stock at NSE worth holding for long.

I am only following champion for nyash because if e no poo,e go vomit.Thats the only interest.
Once it menses up,e go collect wotowoto from me.

NAHCO is a good one to hold long term. It is one stock I still regret selling till today eventhough I made a significant profit from it.

Locotrader:
No worry to open NCR.
You will not like what you will see.

This one below is chams page

Bros, 25% of my portfolio has been moved to a JIJO account so I buy and sell all Ngx stocks that meet my trading criteria.

[quote author=Locotrader post=129632104][/quote]Many thanks. 🙏

Personally, I do not think the result is bad but if the market reacts negatively to the result, the better. For me, It is a good buy at current price, a whole lot better if it goes south a few notches more.

DD advised as alwayZ!

Locotrader:
I don't create enemies for myself.
I dey dodge my head for stones.
Champs na streetinvestor2 bus too

Enemies ke? Screenshot the FS and post. Unable to download from my end. It is crashing my Chrome OS. Even NCR dey hang for road. Haba.

Locotrader:
Na waoh

https://doclib.ngxgroup.com/Financial_NewsDocs/41009_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Summarize for us naa. The document they hang for 62.58kb/604.61kb and my network is not slow.

Summarize for us naa. The document they hang for 62.58kb/604.61kb.

Owoblowblow:
I support this post110%. It is inhumane that some people on this forum enjoys others loosing money. I believe most of us would like the market to go up and if there are views that think otherwise. They should express them them without rubbing it on others that are loosing money.

A lot of the ogas here such CP, BBM , Pa Emma,Osita , streetinvestor and Aunty Mercy have done well in presenting both positive and negative directions of the market in my opinion.

We should lookout for each other. Thank you

Are you for real
Wait till the market is deepened a little bit more and going short on stocks allowed that is when you will see "Nke toro Beati". Stock trading is war as it is a zero sum game so there's nothing like a win win situation. If there was, there would have been nothing like MH.

** Know why you are getting into any Stock and if the reason is no longer there, - japa. My 2cents.

Omo, I so love Morgan's Stock Recommendations for the week.
Buy SFSREIT, NASCON, NNFM, OKOMUOIL, amongst others.

** Tell them I jump am pass.

Locotrader:
Shebi I gave warning of this one on time.
Nothing on the table again.

https://doclib.ngxgroup.com/Financial_NewsDocs/41000_JAPAUL_GOLD_AND_VENTURES_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Who did you give warning to

I told Newbies a while ago, buy only stocks with fundamentals and people were talking about Gold refinery. Ok. Like Japaul, like Jegede.

We are waiting for GRAVE ROBBER price like some people use to say here.

Please, anybody with info when Wema Bank Registrar are crediting CSCS account of the Rights issue subscribers abi is it when it gets to the RI price?
They are spoiling market for other banks about to come to the market o.
Well sha, na wetin I see for floor I dey buy going forward since there's no room for redress in the courts for poor man.

chillykelly86:
I will remind everyone here to always put sentiments aside while investing. Every once in a while, do a test on yourself to be sure you haven't become sentimentally attached to a stock.

For me, fundamentals matter a lot, the management team and their antecedents matter, the potentials of the business matter. Doing your due diligence helps you identify the risks. Diversification helps you mitigate risks. "The higher the risk, the bigger the "potential" reward or losses." You don't often hear about the potential loss in taking excessive risks.

This saying helps a lot: "When you find yourself in a pit, stop digging". In investment parlance, cut your losses(if you can).

You win some and lose some, especially if you trade. But try to win more. If you have a medium to long term view and do your due diligence, you are more likely to win more.

Peace to the house.

Cut wetin for DS - losses? If they open that 43.20 door at this point, ...
I REST MY CASE.
They better wait o till the market picks up a bit after some good Q1 results are released.

For those in DS, money will just be tied up for a while but nothing too much to worry about. The POC going back 60 days is N48 and before then like N77. So just stay put except those in a hurry to offload. Even the MM will not want to open the door of ...

Hopefully, going forward our decisions will be guided by being objective and not emotions.
@222Martins, it's all good. Do not take to heart.

*** I am not in DS, neither am I in Nascon.

Frangel:
GTB is working. I just used it. Thru their website - online banking.

Thank you. It is back on. Was down earlier.

KarlTom:
I wish the funds were there...

Don't know what is wrong with GTBank. Have been trying all morning but it seems the site is down. Have a strong feeling the market will turn around after this week.

olaremint:
The people selling FCMB shares at 6.50k. Is it that they bought it at 2 naira or what? Me I am not understanding this shares thing again oo. Is it that people are selling at a loss or what

.

Please, is GTBank internet banking up & running?
Have been trying to log on since 8am this morning.

olaremint:
I am actually averaging up. My only fear is with AccessCorp, I do not know if a major shareholder is selling off.

banks that are doing poorly since the CBN directives on recapitalization.
Seems a lot of abacradabra was going down or investors have developed cold feet.

2 years is a long time. The recapitalization will be met.

olaremint:
Accumulate as much as you can or sell yours at the going price. As Cp said, there is money to be made or lost.

Sell kini, I am waiting for it to get to 2 naira, so that i will then buy as much as I can
We die there

I am actually averaging up. My only fear is with AccessCorp, I do not know if a major shareholder is selling off.

KayOn1:
Accumulate as much as you can or sell yours at the going price. As Cp said, there is money to be made or lost.

They should just give 25k or 30k dividend this time around to crash the price more. We are waiting for them.

olaremint:
The people selling FCMB shares at 6.50k. Is it that they bought it at 2 naira or what? Me I am not understanding this shares thing again oo. Is it that people are selling at a loss or what

Accumulate as much as you can or sell yours at the going price. As Cp said, there is money to be made or lost.

sterlingD:
I was asking something like this yesterday

No wahala, we dey. Will start buying again from Monday. Let's see how much further down it can go from now till then.

Accesscorp- Could it be that a major shareholder is exiting?

PETERiCHY:
Dangsugar and Nascon heading back to base circa #10

BARGAIN HUNTERS TAKE NOTE!

DS - Circa 20 is more like it.

Where is Oracle self?

Am I missing something abi today no be March 15th, 2024.
No be January 31 the Registrar suppose credit CSCS account from the circular abi dey want make we stop to dey buy Rights Issue?

phadriz:
Now back

Thank you.
My initial orders status are still unknown & pending. They should allow people cancel pending orders if not executed so people don't end up buying same order twice.

** Done

unite4real:
they have started with their glitch again

Even my second broker is down too abi na the exchange issue?

** The second one is back