Diiiiiiiing

Today's opening bell na me go ring am

Streetinvestor2:
I will advice oh.Dont be quick to sell your sugar.Dangota sugar q1 results will be good because of the price of sugar.And the appreciation of naira to dollars. Some of the forex loss may be written back as per the forex loss was forward obligation .I have benefited in the past from dangota sugar dividend and believe it will still come back.
I benefited from dead dangota flour and won't give up on the sugar since I didn't borrow to invest and had long time in mind.I waited for flour from dangota to tiger and back to Dangote again. Then olam happened

One thing must kill a man

222Martins:
Are you referring to our NSEMPA's number 1 Cheerleader / Advocate of emotional investors and Forbes List Stock Analysts?

Expect cracks on your head soon

222Martins:
Then they should prepare to be like the biblical Israelites that wandered the wilderness for 400 years According to Agba, the journey go far I just hope and pray they did not collect LAPO loan

Let Mercy the advocate catch you

222Martins:

I usually laugh when some cheerleaders here console themselves with words like:

"Alhaji is Forbes list conscious"
or "Tony is working hard to enter Forbes list" or
"Ote will not allow the price to fall below so-so figure because he must remain on Forbes list" and i ask myself:

Are these people on Nairaland really investors? How are you all so emotionally whipped up even when hard facts and figures are staring you in the face?

Let me tell you a few hard truth nobody will tell you especially when investing in NGX and doing business in Nigeria:

1. Nobody care about Forbes list......It is strictly all about the Money.

2. Nobody cares about integrity,....Anybody that is able to get the slightest competitive advantage in business will use it to the fullest no matter how illegal or immoral it is. Think Alhaji, Wale, Tony, Rabiu, etc.

3. Nobody with a serious business to run watches the stock price of his company daily, including the big names on the NGX. Money follows management. If you play the game right, the money will follow and the stock price will respond.......

4. Be wary when cheerleaders encourage you to join the herd and follow the money,......They may be heading off a cliff like lemmings, or running into a crocodile-infested river like wildebeests. NS/DS as a typical scenario. Like a crocodile, I am patiently waiting to cherry-pick the wildebeests of NS/DS when they enter my price zone

5. Any buy order you are about to place with excitement is not worth it...Same as any stock that generates excitement. Nothing good comes out of drama and theatrics. Excitements closes your eyes and ears to solid opportunities laying in quiet places.

6[b]. Whenever you find out that you have been played or setup for failure, cut your losses and run..I repeat, RUN!!!!!!!!!!........Don't sit and listen to emotional investors asking why a company will quickly release news about a merger suspension so fast and they should be investigated. Buy, hold and pray is a losers strategy You can always re-enter at a much lower price....
[/b]
7. Lastly, The real money-makers here don't post often, they are busy people, they don't cheerlead stocks to get you excited..Whenever and if ever they recommend a stock, they back it up with hard-verifiable facts and even show you their holdings in that stock, so you know they are all in. Unfortunately, they are the ones that get insulted and booed the most, while the emotional investors that hopes and prays for Forbes list get all the accolades

Some people Don collect loan waiting to make a kill when the food is listed.

How you wan tell them to sell at loss and run for their life?

Champion breweries the best place to run for cover now but offers are minimal now.

Get yours now before it finally dries

The loss gonna too much ooo.
Imagine Dangote sugar from #80 back to #40 and yet no positive news in sight.

What will I say of Gtb from #52 back to #34.

Me no like holding any stock when I have made 100% and above.

Only streetinvestor2 like to do this

essentialone:


Mr Locomotive, next time try to reduce your locomotion and read to the end.

Oh I can see.
You copied.No vex

essentialone:
1.Before I buy a Stock, it must align with my Investing goal


Also, I must be 100% convinced to buy the Stock based on my personal research


If I am not 100% convinced, I don't buy


Do you know why? I love my nights sleep. I can't be sleeping & also be thinking about the Stock Market


2.I , a very very patient person. I am a long term investor. All these short term stuffs, I don't do it


But I am planning on going into short term trades which I am taking my time to understand before diving in.


If a person earns 1million by trading a Stock in a very short period of time, it doesn't move me to do the same because I know where I am going & I know I will get there.


Once I get there, that's it. I am financially free.


3.I don't buy based on someone's recommendation. If a person recommends stocks, I do my own then decide if it's okay for me to invest.


I don't invest in what I don't see reason to invest in even if Warren Buffet sees reason to invest in that thing.


If I am not convinced personally, I don't invest. I need to be convinced myself so I know when to enter, how to enter and when to exit if need be.


4.Many have lost in stock Investing because they over diversify


How can someone invest a total amount of N100000 and buy 5 stocks with it


Why can't you just buy 1 or (2 stocks if need to be)


But no, you want to own shares in every company


My Portfolio is diversified & concentrated at the same time


I diversify but my total amount invested must Justify my wanting to diversify (if need be)


If you have invested in a great stock before, why are you Investing in another stock if that other Stock is still a good buy


There are no many great stocks, when you see one, go there aggressively


My policy is to concentrate holdings.


i try to avoid buying a little of this or that when I am not excited about the business or its price.


When I convinced as to attractiveness, I believe in buying worthwhile amount.



5.Another one is this, I can see my portfolio go down 20% - 30% and I won't shake a bit


I have seen my Nigerian Portfolio go down very very well. I have also seen it stagnant


But all these does not move me because I know my Investing goal & I know the Stocks I bought so I know how to act


6.Another thing is this,


I don’t pay attention to what people say about stocks.


Everyday there are millions of shares of Zenith bank traded.


That’s a lot of opinions.


If you talk to one person, you hear one thing…you talk to another, you hear different thing.


Noise & I are not FRIENDS


7.People in stocks tend to look at the price.


They let the price tell them how they should feel


You should look at the business just like you would look at a house you bought or a land you bought.


Price is what you pay, value is what you get


8.I will not sell my interest in businesses (stocks) where they are attractively priced just because some analysts thinks the quotations may go lower even though such forecasts are obviously going to be right some of the time.


I buy, hold & sell on my own conviction because I understand the industry I invested into & the company I bought.


9.Shareholders have too often behaved like sheep in this country and they got shorn.


I've encouraged the idea of shareholders behaving like owners.


Focusing on the price of a stock is not good because it really means that you think the stock market knows more than you do.


If the stock market knows more than you do, you shouldn’t be in stocks.


The stock market is there to serve you, not to instruct you.


10.A very important principle in investing is you don’t have to make it back the way you lost it.


It’s usually a mistake to try and make it back the way you lost it.


When you experience a loss in investing, it can be tempting to try to quickly recoup that loss by taking aggressive or speculative actions.


However,


Instead of fixating on recovering losses in the same manner they occurred, it's generally wiser to focus on making sound, well-reasoned investment decisions based on your overall financial goals, risk tolerance, and investment strategy.



In essence, this principle encourages investors to avoid chasing after quick, high-risk solutions to recover losses and, instead, to maintain a disciplined and strategic approach to investing that aligns with their long-term financial objectives.


This can help reduce the potential for further losses and contribute to more sustainable and prudent investment outcomes.


I will just stop here for now


Thank you 🙏

COPIED. I have learnt a lot from this.

The moment I read the bolded,I stopped reading.You wey everyone dey complain for for quick jump out in an earoplane of this and that.....
Do you know how many stocks you traded on in the last 6 months?
Does it mean na audio trading we dey see from you all these while?

Streetinvestor2:
watin I talk never happen
Loco you see am
Rice no dey exist

I don't joke with your red flags

Ginalex:
Alhaji and I thought you were different

You for save yourself stress by putting your money in champions or IEI.These 2 are sure bets in a short to medium term.

Streetinvestor2:
Thanks for sharing a construction in progress. One oga here once said you have to submit 5 yrs financial in business to sec as requirements to be listed.i may be wrong.i think is my oga..... Emma


What was the financial submitted to sec for dangota rice that makes one rice equivalent to 14 sugar.I have been asking the question for long.I have not been to jigawa.Any body from jigawa should tell us if dangota rice company is now operational in the state

You asked same question @Japaul.
One thing I know is Alhaji can't deceive his investors.

Streetinvestor2:
Did you open what you shared.In as much as I invested in dangota sugar. I have visited one of its farm in Numan in adamawa state.Dangota rice /paddy is not on ground physical any whr.You post equally confirmed that they have identified land for such purpose in nasarawa.

I had asked for financial of dangota rice before to know how they arrived at 1 dangota rice is equivalent to 14 sugar without financial results
What financial results of dangota rice was submitted to sec.The financial is what you should share and not proposed future business .We have proposed/planed businesses that even came for private placements on stock market that never say the day.
Dangota bought PAN and is still building the plant close to olam in kaduna.
It is obvious that is the rice sector that is holding the merger.
Nascon has come out to make media pronouncements concerning the merger.Pls post the media pronouncements from dangota rice company.

You are a street man 💯

Q1 result.

Watch IEI

A sure BET

When others are raising money for operations,champions is planning to give bonus shares.
Enjoycorp una weldone.Looks like these people are well prepared for this business .

Let it be 1 for 1 bonus oooo

BabsO2:


It is still at N12.10 with about a million units on offer at that price. With 30 minutes to go let's see if there is a surprise mop up.

Market reaction to impending case this time is different. Perhaps an indication that the outcome of the case will be different tomorrow

I am concerned about the market itself not oando.Oando may sail through tomorrow but this type of red in the market is not what you go to bed and sleep with both eyes closed.

BabsO2:
OANDO sighted on full offer @#12.10K

Immediately I press buy the transaction went through just now.
If them like make them adjourn the case tomorrow. Better they just cancel the case o

You bought at good price today.
It will close arnd 12.50 to 13 today

PETERiCHY:


OANDO sighted on full offer @#12.10K

LOCO and appease the gods you no gree.
By now I know say your body don come down

Appease gods for small something I bought at 10.80.Todays market fall get something we are yet to know.For oando, something is telling me there will be mad rush for the stock arnd 11 to 12.30 pm tomorrow.

Streetinvestor2:
The os will move from 29 billion to 44 billion. And the money raised with the new os will not generate revenue and new eps why will the bank maintain the same PAT with injection of new fund into the business. Some of this analysis paralysis dey tiya me.As a business man, you look for more money with money. It is simple new os, new revenue,new PAT and new eps simple

Right issue means dilution.
44B os.May God help Gtb to generate more revenue in this 2024.if not, eps will reduce drastically and interim dividend may not take place as usual.Banks share prices will peak during these fund raising exercise, next is OYO.Dividend payments at the mercy of CBN.i see huge declines in 2024 financial end for banks but other battered sectors will be recuperating by year end.....

yMcy56:

Lol.
I dey market o, everything happening so fast when market opens.......
Pat on the back of UBA/ZEE
Scolding for GT
.....but las las, everyone go calm down...

Serious accumulation ongoing in TRANSCORP......
OANDO on full bid @12.55......

This na ordinary full bid.
We want to go extra-ordinary this time.
All eyes on oando now.....

sky2891:

Since the AFS has been approved by the Board and sent to FRC, are we sure some people have not seen it?

When the bids gets to 50m or above, know something good is about to happen but for now..........

17th April court case approaching.
Oando on the rise.Maybe #15 possible before the date.

222Martins:
Massive dumping already triggered in ChampionBrew in the last few minutes..........Full Offer Loading The new price of Champion will be 3.36 by Thursday and all the way down Anybody wey wan sell, now is the right time to do so...

Let that dumping reach km3 biko.

2zona:

It actually made a profit just that it declined in profit when compared to FY 2022 report. Whereas other players in same brewery sector are reporting LOSSES due to forex and naira devaluation.

If you have the stock, don't sell a pin oooo.we have seen this decline before now.champion not in a loss position is good to Enjoycorp the acquirer.Another corporate announcement is coming before the end of this quarter.

Boshins:
bro, check the report well..

What I saw earlier has disappeared.
Stop doing argument on what you don't know

https://doclib.ngxgroup.com/Financial_NewsDocs/40717_JAPAUL_GOLD_AND_VENTURES_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

Zagee:
Japaul in loss. But overall, good to see significant improvement from its operations. We watch.

All these FUGAZes.

When I raised the alarm on the 2 quarter's which wasn't good, shebi una want throw me stones. I know the end will be loss. I am still not expecting good Q1 here. Their major source of income is now dwindling.....

yMcy56:

There are rules and regulations that guides every aspect of the operations of the NGX......as contained in the 2015 Rule Book of the NGX.

However, there were amendments to some of the rules in January 2018.
So, when going thru the Rulebook, also bear in mind that some amendments were made to some sections of the book.

In the case of Insider restrictions, kindly note that it applies to all listed Companies on NGX and in their closed period notifications, they always reference Rule 17:15 or 17.18 as the case may be.
You may do well to check out Rule 17 of the Rulebook.

I have been contemplating whether to reply him but thank God you did.

For Ellah lakes, it still has one more year to go before we can begin to analyse it as a stock to buy.

Krisuba:



Where Neimeith. is selling below 2 naira this pharmacy shop the form jagaban.

If you know the secret and powers behind outstanding shares, you will consider it first in your stock investments.

Check Juli outstanding shares and their shareholding structure and also check Neimeth. You will know the reason though both are loss making companies

Shares outstanding of all the listed stocks at NSE. This will guide us in making decisions

https://ngxgroup.com/exchange/data/shares-outstanding/

Jijo better than 6kobo dividend.
Them try sha