₦airaland Forum

Coolcash1:
Same here too....

So you didn't sell your dangsuga before closure.
You really like anything dangote.

sellydion:
Friend , for you it is food for thought. For me it is away to easily get broke. What happens if you enter at support and there is a break of it. Loss only come in when you sold GOOD stock because of fear? Patience is virtue when you know what you are (buying)doing. 20% of N10m is N2m. That is good you said 3 days, however some people have held that price for months and years before that upside. Your 3 days is just plain luck. 100% in 6 months is N10m, see the margin. Pa Ewumi held UBA from N2.8 to N10 just putting in N3m will earn him N10m.Some of us would have sold at N3.36 earning pantry N600k. You don't need to play all stocks JIJO every where. Select good ones at good price and stay with it. If you have job be focus if you don't have go look for one.

No body is sure of anything, sure, align your portfolio and do risk management. Some buy Nestle at N650 and sold at N900 because of all this emotional imbalance and lack of patience. within more few days the price has gathered momentum making another 30% still going. When I saw the price at N800 I new it is time to jump in. It broke N800 to N650 somebody would have said I should cut my losses and move on
See the thing trading at N1200.

Most people on this thread are traders and not investors. That's why you see them quoting unrealistic entry and exit prices.

nio68:
May be good for those that are very good in TA , they can read the charts and know when to take position. what fundamentals do I consider in taking position in crypto?

Crypto has no fundamentals. A coin can make 5000% in less than one hour.

Shampoo for men.

Mpeace:
CILeasing, taking all it gave.

I don't understand the stock again.

Coolcash1:
Of course, is not correct. It's a word used downtown... ... I guess she was trying to drive home her point in a literal manner... However, what I found surprising about the article is in the conclusion where the writer stated that no one can become a billionaire by investing in NSE....

She is a learner.
She never meet Tritri

Coolcash1:
https://www.stearsng.com/article/becoming-a-nigerian-billionaire

"To hammer"
Is it grammatically correct?

Coolcash1:
It is not possible because of the following reasons;

1. Governance- this must have been approved by the board before the release of the accounts.

2. Accounting- disclosure would have been made in the notes as required by IFRS subject to board's recommendation.

3. Regulatory- for regulated industries, relevant regulatory authority must sanction it before going public to ensure its adequate and financially safe for such company to declare and pay dividends..

This is my take. Others too can add theirs.

Thanks.

leo1234:
@Fxuser is it possible for a company to declare dividend after the release of result?
It was rumoured that ci leasing will pay dividend by mid year q2 is out and no dividend was declared.

Somebody should help with this question.

@Fxuser is it possible for a company to declare dividend after the release of result?
It was rumoured that ci leasing will pay dividend by mid year q2 is out and no dividend was declared.

Tritri:
Who is locodemy ? Do you mean that guy dat uses WISDOM ?

I thought he was your close pal.

I thought ci leasing was was supposed to pay mid year interim dividend

Tritri:
Na me ooh..I just wan sale half of my holdings..i fit commot am if u berg me anyway.wan enter UBA.

UBA done dey move already.

Maykesha:
When did holding a stock for 3 months become long term? DANGFLOUR will still get back to 7 Naira and then go above it. Who are you warning? The people who bought quality stocks? Learn to keep quiet if you have nothing to say.

I think he is angry because he sold his dangflour @4.3 and was waiting @3.5 but it never came.

Cadillac15:
Go and look at it again. The journey to 10naira just started now. We dont need fake passengers again

Are you a market maker?

Mpeace:
Sincerely impressed with zenith result. It should ordinarily go up today. But market get him own mind. If the market had my type of mind, no body will sell Zenith today. the result is good. But I still prefer Diamond bank.
In other news, Dang Flour on full offer. Not so good for a km10 dream by year end.

What an elder sees sitting down.....
If you are for long term in dangflour don't bother selling because you may not get it cheaper.

lancee:
Be like say uba no wan come down again

Just wait till the result is out.
I see no reason why the price of UBA should be far below that of zenith. I bought my last batch yesterday @9.4. Wanted to add more if it opened lower but with what I am seeing I have to look elsewhere.

Mpeace:
I am very serious. I actually look at percentage increase in price(capital appreciation) than actual increase, and that is why I go for penny stocks. For instance, I bought FBNH at 2.97 earlier this year and at that time Zenith was 15naira. FBNH has done 8naira today which is over 150% increase(its present price of 6.3 is even over 100%more than what I bought) Zenith has not done up to 30naira (100%)since then. So if I invested 1000 in both zenith and fbnh I would have over 2500 from fbnh and less than 1900 from zenith(even with dividend) . Other penny stocks like transcorp, Diamond bank, Fidelity, fidson etc have done similarly by increasing from below 70kobo to over 1.50naira giving excellent returns of over 100%. That is what penny stocks do. And its better to check in percentage return than actual amount. If Nestle and Fidelity both give similarly excellent results, the highest appreciation for nestle might be to go from current price (eg 1150) to 2000. Fidelity can easily go from current price(eg 1.3) to 3naira(like fidson) thereby giving a higher % return. So if you invested 1500 in both, nestle might give you 2000 while fidelity gives 3000.

We saying the same thing.
Don't buy because it looks cheap but look at the potential.
My major holding right now is ci leasing. I bought because I saw the potential increase and not because it was cheap.
I don't agree with you that blue chips can't give 100% returns. Last year when nestle was 600 people were shouting that the fair price is 200. Don't be surprised when you wake one day and see nestle selling for 3000.

currentprice:
I think Mpeace is just joking,,, he knows

You never can tell.

EchoLima262:
I think its just psychological. One feels better with 100 units rather than 20 units of anything. Its only when the returns become apparent that you begin to feel hard done by. Could well have bought 3000 units Dangote Cement @ N160 two months ago but bought 100K units each @1.27 of FCMB, Diamond and Fidelity. See where I am now [color=#000000][/color]!!

The important thing is to learn from our mistakes.
Why keep both fidelity and FCMB in your portfolio when you can sell one and buy UBA that has 90% chance of paying interim dividend. Even if the price of UBA falls you still have your dividend.

Mpeace:
In my own opinion, zenith result is more than good. It is excellent. I think they can pay up to 4 naira dividend at year end. Their EPS of 240k which more than doubles last years 113k appears too good for the current price. They could well do 500k by year end, all things being equal. Zenith is good at even 40naira per share. My fear is GTB. Can they justify their own current price?
With this result one would ordinarilly expect zenith to be on full bid tomorrow, but market get him own mind.
Disclaimer: I have no Zenith in my portfolio and do not intend to buy. My pocket can only afford penny shares like FBNH.

You can afford any share you want if you stop looking at the number of units you will buy.
Someone that bought 1unit if nestle @1000 last week will be on over 200 profit while the person that bought 600 units of unity bank with the same amount will be on less than 50 profit. Always look at the potential increase in price and not the number of units you can buy.

Tritri:
good bargain why cant i find any today?

So you didn't see UBA
Just wait till the result is out.
I might be wrong.

stcool:
I still remember this post...If you have fidelity hold on. The battle is ours

Interim dividend would be a Plus. Trade your plan.

I sold today @1.36.
Let me add more UBA to my portfolio.

robobo:
@ fxuser @ bearbullmkt

kindly help with UBA technicals / charts and interpretation of same

thank you

If you are interested in UBA better start buying now and average down if it goes down. The only thing that can stop UBA is a bad q2 which is unlikely.

stcool:
Always learn to lock profit this is NSE...See sellers everywhere with C&I

Calm down.
What do you expect from a stock that has been making 10% almost on daily basis?

currentprice:
based on 2016 Audited report my calculated fair value was N18. but if i base my analysis on just latest Q1 alone fair value is N7 the reason price found it difficult to blast thru K10 . Q2 will gives us update on latest fair value.

the reason DS and DF are making the current move. base on Q2 alone fair price is N15 and N10 respectively

it is my own opinion based on my little analysis

Thanks.

currentprice:
brov,, may be you have not check their latest report Q2,,,, the stock is going above N1600

Today that I sold for 1088.9 this stubborn stock decided to move.
I waited but it was behaving as if it will go below 1000.
What do you think is the fair price of UBA?

PharmAlfred:
Sir Pluto and the house, what do you see of Access Bank and UBA. Do you see any upside given their foundamentals?

Same for Okomu oil.

Buying winning stocks is the deal this year. No room for suckers.

NB: I don't hold any piece of the aforementioned yet.

I started buying UBA yesterday. I want it to open lower today so I can add more.
I am buying ahead of interim dividend not just capital appreciation.

samguru:
C& I leasing bus is still calling loyal passengers to jump on board as the bus is heading to KM 2 before the end of august.

I met one of the directors of the company in church yesterday, and he told me alot about the company ranging from new contracts won, expanding to other african countries,capital raising and commencement of new business in nigeria.

dont say i tell una for here, just join the bus you may come down at KM 2 but for me i will not leave until we get to KM 4 and beyond

You don't need to beg people to join the bus. They will form a long queue when dividend is declared.

holm:
People who bought at prices below N10 might look at the stock and say I have had my fill, let me buy some flour and make myself Gotepie(Dangote+meatpie)
_{yours faithfully rotated out of sugar at max price today into flour at 5.40, 5.50, and 5.60.}

Double hit.
I left dangsugar too early. Waiting for it @12

samguru:
C& I leasing bus is still calling loyal passengers to jump on board as the bus is heading to KM 2 before the end of august.

I met one of the directors of the company in church yesterday, and he told me alot about the company ranging from new contracts won, expanding to other african countries,capital raising and commencement of new business in nigeria.

dont say i tell una for here, just join the bus you may come down at KM 2 but for me i will not leave until we get to KM 4 and beyond

When is the interim dividend coming?