Machine606's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 7:32pm On Jul 22, 2023

yMcy56:
Bring out your FBNH for instance, you have more than ready buyers to pick it up....over 150M bids @19.85...
One single bid is even 90M units......this one alone will take care of your sales needs..

Royal never submit them FYE results up till now? Seems like them want to sleep on it. And no notice on why the delay. I am suspecting it's because of the planed Right offer.

Investment › Re: Treasury Bills In Nigeria by machine606: 11:23pm On Jul 19, 2023

Olaide1295:
Does the Stanbic app let one buy FGN bonds? Are the investment options under 'My Bank' or 'Mutual funds'?

I too, was inquiring.

1 Like

Investment › Re: Treasury Bills In Nigeria by machine606: 8:59pm On Jul 16, 2023

skydiver01:
Quite right!!

How, I agree IONE disappointed on that too, because that was one of my major reasons opening an account with them. Do one have to have a standard Chartered bank account to participate? Also, is it different from Stanbic IBTC? I once saw a comment by either Emmanuelewumi or Emma Soft of FMDQ trading platform, How do one access this platform?
Thanks.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 2:44pm On Jun 25, 2023

[quote author=emmanuelewumi post=1240179

If you want to be an investor, you need to dig deeper into the financials of the stock, read up all relevant information about the company. Ask relevant questions about
You complained about not having cash to harness certain opportunities, if you have good stocks cash should not be your problem. The stocks will give steady predictable cash flow, you can always pledge your shares as collateral for loans.

I sent a PM

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:40pm On Jun 24, 2023

emmanuelewumi:
But on a serious note why did you buy Afromedia, Omatek, Deap Capital and others. They are not liquid, they are not making profit not paying dividends for about 10 years.

I guess you bought them based on sentimental analysis

Monkey hunting thrives in a bull market, it is an opportunity for people trapped in dead stocks for ages to cash out and sell to uninformed newbies

Seriously, one major reason I buy some stocks I don't Intend to hold is to be on the Registars Books. Once I see movement, I try to jump in and out and leave only one share for my Registrar Books. Within three years I have over 120 stocks (from NGX) on my portfolio but my funds are in less than 20 now. I intend to utilize the bull market to rebalance my portfolio to less than 15 this year, But would still trade any I perspective to give 10-20℅ within a month.

Most of this stocks were bought when I joined the market in 2019-2020. So I was literally playing with the App and learning (on the field) with little funds. On rear occasion do I enter with significant portion of my portfolio (although, I just used a significant portion on Royal Exchange last week,to average down and exit hopefully at 10℅ gain). I would have dived into Unity at 0.49k but was afraid of the standing of the Bank. I have always head negative on the bank.

One of my major gains last year was on RSBist.. I had written the money off only to see over 100℅ gain. I don't know much of either FA or TA now. But I analysis stocks based on volumes (I monitor unusual volumes), dividend yields and Politics( example, I knew Fedility would do well the moment Peter Obi mentioned he had major shares there, yet I lacked funds at that moment to partake. Also I knew Oando would do well immediately BAT won). Registars wahala (among others) has made me not to focus dividend yet I haven't sold my GT shares because of Dividend.

Another methods I use is the word on the street from locals that makes use of the product (just like StreetInvestor, I learnt this from him!), Based on this anybody that is into beer would know that IB is selling in big time among average income earners now. Same with products from Cutix (prices of products lower to Nocaco).

I have come to realizes as a small investor, I would take significant period of years and funds to grow my portfolio. But trading might. That's said, I must confess that I missed many of my picks because I lack good FA or TA to back it up.

Currently, my radar is on Cutix, IB and Aiico. I hope I could get them below 15℅ of their current prices now. I hope I'm not MH now oh.

Also, thanks you made me bought Wapco @26. I am praying to be patient enough to reap bountifully here.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:32pm On Jun 23, 2023

Na wah oh. Opened only to see stones flying to and fro. Lol. That's the beauty of family.
As for we newbies, School fees must be paid Na. Well thanks to God for any monkey Hunting, I don final escape from Afromidia, Omatke, NSlect , gueniea insurance to some extent. Waiting to jump of Afriinsurance and Deep... Abeg make them come MH am. I was trapped there for over two years (especially Afromidia).

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 12:33am On Jun 18, 2023*

emmasoft:
To get the best from the new investment one app, I will advise you to open a regular stockbroking/cscs account, once you download the app it's automatically linked to your trading account and you will be able to trade on the app or the web.

Most times I advise clients to fund their trading accounts using the normal bank transfer with their bank app or internet banking with no extra charges apart from the normal bank charges but with a card, you pay some extra charges because a third-party payment system is involved.

You can client the link on my signature to open an account and thereafter download the app seamlessly you will have automatic linking to the trading floor through the app.

There is a GTBank account you can always transfer your investment funds into for your trading. Check the attached file to this post to see various method to fund your account. The one I use personally is the GTBank.

Thanks, I already have an account with them through you when I did Abascus MMF. I will check the link and modify the post
Modified:
The link sent seems not working. Nonetheless, I this accountfrom my mailbox sent when I opened the account, 004473197 Sorry to ask, possible to trade bonds on the platform?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 10:51pm On Jun 17, 2023

Greetings,

I saw some people commenting on the new investment One App. I noticed it last week too. However, I am stuck at funding the wallet (either for stockbrokering or fixed deposit). Aside using card (I usually don't use ATM to fund account) and GTB token, how do I fund my wallet? Like is there no account details to transfer funds and how is their processing time. I would love to compare their services with my current broker (chaka). Aside recurring down time (and some minor stuffs), I am quite okey with Chaka.
Want to test IOne because of asset back loans I saw some Ogas discussing of few weeks back.

On Cap Plc, pls has anyone received dividend income. I got two mails from AfriPrud confirming dividend deposit while I have not received any. I had to even check using bank mobile app.

As regards testimony. I would love to thank every here for their input since I started following the Thread my portfolio met a significant busstop/mark. Not minding the 'skekilin amount', it's a significant for me considered starting point since convid 19.

@ sisMCy, I evaluated my trading over two years, I now admit I am more (95℅) of a trader than investor, with little patience like Loco. Lolz.

4 Likes 1 Share

Family › Re: London Court Jails Nigerian Three Years For Flogging Son by machine606: 9:16pm On May 15, 2023

Ulunne777:
I used to do the disciplining before but when I noticed my kids tilting towards my husband and him even reporting them to me or asking them if I have seen what they did wrong,I stopped.

We must agree together on the punishment or watch them spoil together.

Stop reporting your kids misdemeanor to the other spouse.The parent present should trash it out or wait for joint punishment.
It potrays the discipliner wicked before the kids

I just pray I marry someone with this thought. This is the main reason children see the father as wicked. Atimes I weigh this law and compare with the "divorce laws" for a young man intending to live in Europe and I just wonder what steps to take early.

If I were the man, once I leave that cell, the child must return to Nigeria and a "crude" village at that. He needs to experience Nigeria.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 12:54pm On May 15, 2023

jideflash:
Sovereign Trust Insurance (STI) is tearing up with another full bid today, +9.52%.
I expect them to declare dividend by year end 2023.

I wasn't patient with STI, too bad. Myc what's Hari Royal exchange any news

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 7:52pm On May 09, 2023

onegentleguy:
Recall the posts above.
Some folks were doubting the inclusion of REDSTAR EXPRESS @ N2.20 then.
Now N2.90 and still early. Will remind them when it hits N4-5.
Enough said!

Just jumped out of it today @2.90 (10%). Previous TP was >3.30. I am tired of been there. Will gladly reenter at anything below 2.40

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 1:04pm On May 07, 2023

yMcy56:
Pls note that Lead Capital may be excellent in other aspect of investment o, but as for brokerage, not too good in my opinion.

If going with STANBIC, then consder and compare the fees. You fit no do JIJO anyhow there...in my opinion.

Ogechi has been very up and doing at GTL/Mytradebook. Customer response good too.....but site response can be slow during downtime.
Lol. I've been with Mytradebook for quite some yrs and I know this.

Chaka/Citi investment Capital is even lesser than this.
From the look of this do far. I think (to the best of my knowledge) that Morgan and Chaka are the least charging brokers. Although i might Morgan service are better. I have used Morgan. But been in Chaka since 2019. I ran from investment one because of charges. We way dey trade in afolabi units loves lower charges. By the way, oga Peter I saw your dividend post. BP want catch me. Lol. It's inspiring too.
Oga Robbo, so you dey eye that oga GT for #9, Imagine. You go Sabi price for local market oh pass Peter Obi.

2 Likes

Investment › Re: Us Stocks Pick Alert by machine606: 8:18pm On Apr 25, 2023

OakPearl:
CXAI pops to $11.45!

What's your take on shipping stocks, my eyes on knop..FRC is tempting@ below 8

Investment › Re: Us Stocks Pick Alert by machine606: 7:40pm On Apr 10, 2023

OakPearl:
AVTX $2.44
SMX $1.28
GAME $1.86

These are all looking great for a quick day gain.

I have been waiting on your call. Lol. All not on chaka.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:14pm On Apr 02, 2023

Any update on our airplane (Caverton). I remember some peoples huge interest here on it early last year. I hope they are not churning out losses oh. I noticed some abracadabra on its share price on Thursday and Friday.

I am not wrong, I think Cutix FYE is July right?

Politics › Re: Latest States Debt Profile In Nigeria by machine606: 2:23pm On Mar 31, 2023

The way Anambra and Lagos state competing on social media eh. I wished the governors should try and compete like this. This is the best for democracy and development. But trust Nigerians. It's is now something else what should bring positive zeal and motivation might bring serious issues. Well, Rivers state aren't doing bad with the kind of development going on there. Woke is trying. I don't know if I can say same for Akawibom.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 12:13pm On Mar 31, 2023

onegentleguy:
Final Dividends Distribution Paid/Payable So Far in 2023

CBP ✔️(Paid)
Prop Div...5k
PD....Jan 27
QD...Jan 18
Paymaster; Light House

AFRILAND PROPERTIES
Prop Div....10k
PD....Apr 18
Paymaster; African Prudential

IKEJA HOTELS
Prop Div....7.5k
PD....N/A
QD....N/A
Paymaster; GTL

SAHCO
Prop Div....16.5k
PD....N/A
QD....N/A
Paymaster; First

#copied

Those stocks above are they on NGX or NASDD, Baceause I haven't come across any yet except for Ikeja Hotel. Speaking of Ikeja Hotel, I thought it's 0.075k rather than #7.5k as written. It's seems there some stocks on NGX that's are hardly known but active. Once in a while they pulled up surprises, Eg Stanbic IBTC ETF.

As for lasco, they tried small after missing last year Dividend declaration.

Business › Re: Unilever Nigeria’s Market Exit To Affect OMO, Sunlight, Lux by machine606: 9:40pm On Mar 27, 2023

Dagger111:
Aafi Unilever na, una go see Unikidney soon.

Anyday why i hit this FTC enh... i will send a token airtime to everyone underneath my comment. Quote me.

I always see this and I wonder if people are paid handsomely for FTC

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 9:45am On Mar 14, 2023

yMcy56:
NIGERIA ENAMELWARE
Cancellation of proposed bonus shares of 3:2

* For those that might be queuing up to buy because of the bonus*

https://doclib.ngxgroup.com/Financial_NewsDocs/Nigerian_Enamelware_-_Cancellation_of_the_proposed_bonus_of_3_new_shares_for_every_2_shares_held.PDF

Is this stock on NGX? Hardly hear anything from them, or because it's not on my radar.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:40pm On Mar 09, 2023

ositadima1:
I apologize for the mistake in my previous response. You are correct.

This is essentially an optimization problem. To achieve a price as close as possible to 1.4008, I calculated that the person would require an additional investment of #500,000.

Yea, it's an optimization issue. I will test run that equation later. I had a method I use to used but things way dey man head no allow me remember. On the other side, I admire your scientific/technology approach to solve issues. You dey try. I love tech too, but Na time and resources no allow man piling follow up. Dalu.

Thanks to all who helped out.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:33pm On Mar 09, 2023

Agbalowomeri:
E be like say this one na artificial intelligence Lol
No amount of additional buy can bring the average cost to 1.40. It will always be higher

You correct. However mathematically speaking, it would bring it down to almost same, with the difference insignificant on the long run.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:29pm On Mar 09, 2023

sophy17:
Download Stock Average Calculator on Google play Store.
To use, Always press the Reset button. Fill in your current share quantity n average price. Then fill in New share quantity n new share price. Then press Calculate..
Keep editing the new share quantity n new share price and press Calculate until desired result.

Thanks. So there's an app for it? Will check it out

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 5:22pm On Mar 09, 2023

Pls, is there I way, formula, or any way of calculate the required amount needed to reinvest in a stock to average at a particular price aside "blind reinvestment" until the desired target is met. For instance, I I used #1000 to buy a share @ 2 per share, but the price fell by 30℅ to 1.40. How much do I need to reinvest to arrive at an average price of #1.40 if this price is unchanged.

Lol. I know say Na mathematics be this.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 1:41pm On Mar 02, 2023

onegentleguy:
Finally, as a growth and/or value investor, I will seek to align with STERLING BANK, UPDC and RED STAR EXPRESS @ current price levels.
...of course, having the necessary trade set-up.

Again, NOT to be inferred as any sought of recommendation. Due diligence still applies as always.

Selah

Sir,

1 & 2 I know, but 3 I know not.
You know say some of us still dey nursery 2 for this stock thing self. That 3 I no understand oh

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 3:31pm On Feb 27, 2023

yMcy56:
Except you just want to gamble anyway......
- Royal Exchange is planning to raise capital thru rights issue.....which is 4:5 (4 for every 5 held)
- The Directors have been authorized to fix the price for the rights issue.......
- There may be pumping of the share price if the price fixed for the Rights is high......
- The share price mvmt may be dependent on the Rights price eventually fixed (for now maybe)......Rights issue price not yet announced.

Oh I see. Well let you said it was an intended gamble aimed at getting 10℅ profit before running -if may use the word "day trade". However, I was looking at the instance of been caged😂

I think the right issue should favour it in the short term all other factors been equal.
Thanks. Did not enter, but I will keep watching.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 12:51pm On Feb 27, 2023

yMcy56:
E Ku market o.
* Mr. Market just dey on its own from observation.....
* MRS PLC in early +10% gain...
* Is Oando reacting to possibility of Tinubu's victory? Trading at +10% so far....
* BUAFOODS in early gains....
* Today is GEREGU 's last qualification Date for N8 dividend...

** I don't think there's any need for any inciting or instigating statements, Mr. Market will do what Mr. Market will do irrespective......

** Caveat: Pls do not take as any form of advice**

Sis, How do you see RoyalEx @0.67, I am tempted to jump in.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 5:37pm On Feb 25, 2023

BuA and NB : poor Dividend payout!

I don't see NB pushing but decrease in the short term.

As for the election, APC has the higher chances of winning, followed by Sticky, then Obi.
Am observing Ondo sha

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 2:50pm On Feb 23, 2023

Market Having a Mind of its own. I was expecting the market to significantly decline before this electronic. But no, side ways.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 6:13pm On Feb 14, 2023

essentialone:
PZ touching N3.5 or lower? That is a gbaas gboos something ooo. This aeroplane wey I enter so, hope I no go walk alone ooo.

This one enter, I laughed out loud. Sir may you not walk alone!

It's like you are already pregnant here

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 4:46pm On Aug 05, 2022

essentialone:
Avoid all Insurance companies apart from

1. NEM
2. AIICO
3. MANSARD
4. LASACO
5. CUSTODIAN

Avoid all others. They lack liquidity. No matter how much gain they give you, you may never find a buyer whenever you decide to sell it.

Trapped in Lasco and Masard. Lasco over a year now. And no dividend this year.

3 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 7:03pm On Jul 11, 2022

bfn1:
Veritas Registrars are in charge of Zenith Bank.
Email: enquiry@veritasregistrars.com
Phone: 01-2784170 and 07044997048.

Gone through this too severally for veritas, PAC Registrar, Dangote Sugar( can't remember their Registrar) and one other one. From Registrar to Bank, to broker, copying CSCS all they way, they cycle continues and keeps cycling. About two years now. Them no give shi shi! Did for Afriprudential, first registrar, Coronation, and mainstream, it was swift and smooth. But you the ones mentioned earlier, they can frustrate body, spirit and soul. Thanks!

1 Like

Car Talk › Re: Ingrace Motors Obtains FG Approval To Assemble Cars In Nigeria by machine606: 6:50am On Jul 07, 2022

loosecanon50:
This is a welcome development. FTC for the first time in history. This July must favour me!

Lol, them they pay for FTC.

1 Like

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