₦airaland Forum

SeriosPerson:
Goodmorning.
Why did the AAPL stock split wipe off 3/4 of my AAPL stock value without increasing the number of my shares? This is a noob question so bear with me.

What trading platform do you use?
I use Bamboo, my shares number have increased to 4x and my total equity remain the same .

All platforms will adjust accordingly within 24hrs for sure. No issues.

mamcoker:
.pls help with this

No you can't.

Maybe it's just me, I don't feel comfortable when a company stocks keep rising and rising with no pul back, it's a good though but it doesn't just feel right, I feel something wrong will soon happen and from history, we all know anything can happen.

I'm referring to apple and Tesla. I own apple stock tho.

Stock split wonders

The money they've spent to replace Neymar hasn't yeilded result

millhouse:
2 months to treat Corona ? Na wa u oo

How long does it take to treat Corona?

Is there a standard range of period to get better?

Atiku son spent 40 days in treatment before discharge. Our bodies are different, some will take longer time, some will take shorter time and some won't recover.

Lol, na crime to get covid-19?

Datadog earning report was good nothing negative, all indices beat analyst estimation, the value is done minus 15%, .

If you own datadog, a set back but no issues, fundamentals is good

I'm waiting for analyst to explain what happened. To me it's simply a sell off.

delgook14:
Why has $FASTLY been tanking very hard despite positive ER?

Because 12% of their revenue from the last 3 month is from bytedance the owners of tiktok.

And we all know the political tension associated with tiktok. The uncertainty around it is affecting Fastly. If tiktok goes, 12% revenue for fastly goes.

This above is major reason analyst are giving.

Niceman4u:
.... And has Buhari used or implemented the solutions proffered by the other ppl?
If has not made use of solutions being offered by other well meaning Nigerians, what makes u think he would take Kperogi's own, if offered?

What are those solutions others proffered?

Even you don't even know those solutions.

Olalekank:
Recommended stocks to invest in for the week?

I'm only recommending because the stocks will releasing their earnings report this week, check the poster above for exact date (see the attached picture)

Fastly, chegg, Inphi, Datadog, cloudflare, and Livongo

Lol, as long as they will pay the license fee, no issues. They can't pay but want the marginal fields for free.

In most of these agitation, some influential people are always in the background, feeding them propaganda, by the time a deal is struck, this unknown influential people will have the biggest cut while the masses that were on the street get close to nothing. It's a cycle, the people are just pawn to

Skymoore1004:
Do you think it’s wise to buy Apple before or after the stock split?

Honestly, there is no financial advantage or difference in buying before or after the split, just a normal trading

The entire value remain the same.

BUT

There is a psychological advantage buying before the split

1 you get more shares, you have 10 and you now have 40 shares, nice to look at

2. When the share price is adjusted , as for the case of apple will be divided by 4, it will make apple 'cheaper', thereby leading to more people buying, which will lead to increase in value.

Example, apple is currently at 425, you divide by 4, you get 106.25, so going forward apple share will be 106.25, at this price, you know very well more people will buy because they now see it affordable (this was the reason Tim cook gave for spliting).
Since it's apple, some people won't mind buying at 120.

If people buy at 120, you that bought before the split will gain.

Team bear are not finding what is happening with apple stock funny. Logically, given the shutdown of all apple store in US and with the believe people won't be buying phones, how did apple beat estimate.

Apple stock is mental right now, lot of people are excited about the 4:1 stock split

Fun fact, apple was trading above 600 dollars per share in 2014 when it did a 7:1 stock split.

Keinding:
Ah! You beat me to it. Impressive from Amazon (10x)
On the bold, good news to some, bad to others, neutral to the watchers.... What side of the divide are you?

Good news for me as retail investor, I have apple share, bought when it market crashed in march.

Apple, Amazon, FB, and Alphabet all beat their earnings estimate expectations

Super impressive. Apple is up by more 5% post Market.

I actually feared they won't make it.

But Apple announced a 4:1 stock split

Apple, Amazon, FB, and Alphabet all beat their earnings estimate.

Super impressive. Apple is up by more 5% post Market.

I actually feared they won't make it.

Hushpuppi supporters club on Nairaland will not be happy

Nigerians love to get angry, it's like drug.

Care4:
From experience, please when is it fair to trade, when the market opens? After lunch or last hour?

No specific time at all, though the first 15mins and last 15mins are the most volitile. Price swings. One can't tell you with certainty which way it goes.

I buy stock for tomorrow ie if I feel the stock will continue to rally tomorrow , I buy it today at whatever time I like, the target is not miss tomorrow's rally.

Keinding:
This one looks like P& D

Meanwhile anyone notice tech space today... Lots are reaching 52 week/ATH.

I get that of AAPL but what is driving others?

Yes, because tech stocks have so far been covid 19 resistant. The impact covid 19 on the airline, cruise, entertainment, etc have been more severe than On tech companies, it's more just buying phones, other services are rendered. with general hope that economy is getting better, the tech companies will recover faster than any other industry.

The tech so far have been abld to adapt and find a way to remain active. Among the tech, the cloud computing tech and e commerce have so far been making kill in the market right now.

DexterousOne:
I'm still studying the market.


And I have some finance background
By virtue of being a chartered accountant

So I understand that the approaches for the NYSE ans NSE listed companies


When a profitable company retains most of its earnings
The valuations go up
As the retainer earnings get to be ploughed back and all that
.

But Nigeria
The business risks are so high hence rapid expansion could lead to disaster

I believe that's why they stick to a higher dividend payout
At least it makes shareholders happy

Assuming say Nigeria dey more balanced
And more of this money was reinvested for further growth
Our valuations for make sense

Thank you for ur answer

You already know how it works, I was just wondering why the focus on dividend paying stocks.

All good

DexterousOne:
Anyone else here intend to build a defensive dividend paying portfolio on our NYSE platforms?

Or we are all traders here?


I'm still studying the market and yet to take a plunge tho

Just watching on the sidelines

But I'm more biased towards dividend investing to trading.

What do our other veterans here think?

I'm assuming I understand what you are asking, you want to buy stocks from companies that pay dividends in NYSE.

Many companies don't pay dividends Tesla doesn't. And those who do, you are going to make more money from increase in value of your stock over time than dividend.


I will give an example using Warren buffet shares with apple

Apple is the biggest company in the world by value and they pay dividend of 0.8 dollars per share

In 2018, buffet shares were worth 36b dollars, in 2019, they were worth 66 billion, profit of 30bn dollars, his annual payout dividend was 784 million dollars for that same year, Compare na, dividends are like extra Money to you.

Imagine you bought 1000 shares worth 350k dollars of apple now , your quarterly dividend will be 800 dollars only , you will then get 2400 dollars for the full year

One of the highest divided in US is McDonald, 1.25 dollars per share. With

So just compare it with NSE, looks like it's different as far dividends is concerned

I can't really wait for the first week of August when companies will start rolling out their earnings report, na there wahala go dey. For the past week the market has been driven by Fed and the media report on Corona virus. Yesterday, market was green, Apple announced closure of some of their stores, stocks started falling and finished the day on red.

Just stay safe, I don't what happened in march to repeat itself. I lost money for three weeks I didnt have any stock (I sold all). It's really amazing how the Market recovered this fast.


A fun facts.

If anyone had bought Adobe systems stock in 1986 worth just 500 dollars, in 2020, it will be worth almost 1 million dollars today. Over 200,000% , I was shocked. It's encouraging for those of us that's starting (not saying you should buy Adobe stock o)

For the fathers, it's not too early to buy stock for the kids.

KCnaira:

Thanks to all for the insights, support and Education..


I was finally able to Naira Fund my TROVE account on 16JUN guyz, but funding my BAMBOO has been hellish for me, not having access to Land☹️.

Unlike Trove Bamboo has more options of Funding, but the most simple is missing. (funding by transferring naira/dollar into a nigerian ngn/dom account by Bank transfer is unavailable)


back to TROVE, i funded with naira by bank transfer into a Providus account and it reflected in 30 seconds. But till today 17th JUN i am unable to buy Nigeria/ US stocks!!??

how long does the verification take ?? over 48Hours and The option of uploading Proof of address and Identification Document. Though i have already uploaded my Bank statement and Passport earlier..


pls who can give me the support number/ contact for both Bamboo and Trove.!!??. i should be buying now.. all my picks are green.

My last two deposit on Bamboo has been direct transfer to an account number.

See screenshot below for guidance.i just did a simulation to transfer 100 dollars, the second option is bank transfer, you click on it, it directs you to another page with the account number to transfer to (Don't use account number below, just for illustration) You make the transfer, come back to the page and indicate.

If you still having challenges, use the help options in the app and start a conversation. Or if you are twitter , go to their handle and send a DM ( I use any and I get response)

As for trove, I don't use it but they have a contact number, hopefully someone provide it for you or you take your time check last 5 pages of the thread to look for it.

Personel Current watchlist for anyone interested in some new options/ideas.

Uchefrancis16:
Thank you

I have also registered with bamboo. Email verification seems to be having a lil glitch. Once am able to verify my email am done with trove.

Up till now, my trove portfolio is still showing $0 since yesterday.

I wish there is a way to move my fund from app to app.

Don't worry yourself about the email verification thing.
Just go ahead and make deposit and start buying stocks

I registered with bamboo last year October, made deposit, bought stock, sold , made withdrawal but still my email is showing unverified.
I clicked on the resend verification email, the email Wil come but still status remain the same.

I just gave up and I didn't bother myself to contact them. Good thing is if I make any transaction, I will be notified in my email. So I'm good.

seyisanya:
The current market situation defies logic, but it is what it is. Hence, there is need for us to monitor our portfolio closely. In fact, only technicals are winning now; fundamentals have been thrown out the door. Just think of any 3-letter or 4-letter alphabet combination and check the price movement, you'll be greeted with ''GREEN''. In my opinion, most stocks are now overvalued, and this is the time to tread carefully.

The current market is sweet for traders, short/mid-term investors. Long term(Buy and Hold) crew will have to choose very carefully or simply wait!

Totally agree, I prefer long term so I'm not adding anymore stock till after second quarter earnings report where the actual numbers will show the real impact of covid 19.

Right now, Good news is the only fundamental right now.

For example the aviation sector, their second quarter or even third earnings report will be poor for abvious reasons. But like you said it is what it is.

inception101:
Still available?

Hello,

Sorry, not available.

What is the issue then? This information is of no use because nothing will change and besides why should anything change.

lastclaire4:
I am new in this, but I think the mistake you are making is trading on normal stocks that are way too expensive. Expensive stocks like that dont move, stocks like that are for long term.

If you want to day trade, day trade with cheaper stocks with a beta greater than 1.00. Last week, I bought some stocks I held for two days one I sold at 20% profit and the other at 12%. For me, that's fine.

You are correct., Your strategy is good

One of the reasons I can't buy Amazon or Google, they are far really long term, one year and above.

I use bamboo that charge me 1.5% for buying and selling, so whenever I buy, I always remember.i will be losing 3%. It helps me Decide and plan.

Let me share my experience last week with a particular stock.

I bought Enphase energy at 39 dollars, because it's all time high was 59 dollars , I hoped to make about 50% gain. Corona was the reason the stock fell. I just bought the dip. I bought the stock in April.

The stock was going up and down as Normal, last week Monday, there was a surge and my total return was at 60% (exceed my target). The big question was should I hold for little more or sell and move on?

The company was good, good balance and all. My initial feeling was to hold

I follow some traders on twitter to learn few things from them, one particular tweet hit me " Don't fall in love with a particular stock" another one replied "that traders who fall in love with a particular stock lose money"

Point is if youve achieved your target, good to sell and move on. Don't get attached, it's just business

I decided to sell at 60% profit.

After selling, the stock still went up (if I held on, I will be at 72% gain)

Typicall Nigerian, I was bitting my finger BUT

At the end of the week, the stock fell for three consecutive days, if I had held on, my gain would have reduced to 45%.

As others have highlighted, have an entry and exit strategy

Nice