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Megawealth01's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:29pm On Feb 01
nessot:
Not sure you will get it at .20kobo cool

Signed,
CHI + STI

You wan bet am?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:28pm On Feb 01
Tvegas:
I Just wanted to add that 2008 is different from 2021. I lost a lot of funds in 2008 so i have an idea of what you are saying. The guys gambling with penny stocks right now know what they are getting into, in 2008 we were just following the likes of Stockswatch buying up dead stocks that had no office address . Quick information and enlightenment was scarce back then. Presently Selling or Buying is at the tip of their fingers.

I also think the market will never be complete without the gamblers. If you look at the volume done on many of these penny stocks there is really nothing much to lose if things go south. Sir also consider the recent spate of inflation, cement was 2600 six months ago presently its 3600. These inflationary trend should Reprice all classes of assets including stocks. So i wont be suprised if we see the re-pricing of some stocks, i mean new highs becoming lows. (Though this is NSE where commonsense doesnt apply most times)

Finally the Fixed income market is presently unattractive with poor returns, i think funds will stay in this market much longer. I also think the Bull will keep moving some stocks while leaving some behind but anyone expecting the Covid drop seen in March 2020 is on a long journey. I for one sold off my stakes months ago but there is no attractive fixed income investments right now hence i am back in the market again putting some funds into WAPCO and VITAFOAM.

Meanwhile is this Dr Awo, my old friend whose activist Dad was a celebrated lecturer in Unilag?
You are smart

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:27pm On Feb 01
Danniee:
10M supplier in Transcorp in batches preventing its nothern movement, na wa oooo.......
E go tire... I increased my TRANSCORP buy today
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:25pm On Feb 01
jideflash:
Sovereign Trust Insurance 2020FY result wasnt bad. No dividend should be expected with their negative retained earnings and recapitalization pursuit. this is a stock i will like to re-enter but at 20kobo grin .
Insurance won't repent grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:24pm On Feb 01
9free:

I no go mind make NSEMPA-Reddit group help me pump Zenith to N100
grin grin
grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:34am On Feb 01
kintus:


How was your weekend Sir?

Please alert us when to highlight from the bus. Thank you Sir
I bless JESUS

Highlight on your own terms oooooo grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:26am On Feb 01
PuristForest:
XRP is gone for good
Are you sure? We await Court rule on their case with SEC
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:25am On Feb 01
Mcy56:
UACN: Full bid now @9.15!
Too many activities and attention on this stock this last week.....

Livestock, HW, Wapco, Nigerins, UAC-PROP, sighted in early move........



UAC now shocking PETER grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:25am On Feb 01
UAC-PROP heading towards FULL BID?

M&B on full BID?

Champions on full BID as expected
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:13am On Feb 01
samguru:

From my analysis the result is not that fantastic.

Fidson is a company of the future shaaa
Your brain is there
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:12am On Feb 01
sonofElElyon:
does this work as a buy recommendation??

comments please!

GSK and MAYB will be BULLS maddest na...

Not a buy recommendation sha... DD applies grin

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:13pm On Jan 30
PharmAlfred:
Fidelity is way too undervalued.
Seems you are in this ship grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:18pm On Jan 30
zionaigbokhan:
If insurance like make e deliver 1000%, it's a NO for me. Mutual benefit insurance, Staco and IEI sent me out of the market 10years ago.
I sold IEI at a loss back then grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:33am On Jan 30
nessot:
LASACO signposts what is to come in the insurance sector.... If you are not in, get in...stocks (the good ones) trading below .30k will push up preparatory to share reconstruction cum merger/acquisition.

Do your cherry picking, refer to Oga OGG's post...

Good morning!
Una wan enter insurance grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:28am On Jan 30
Monday696:
Fidelity bank end of the year result is now out. Result almost came out flat compared to last 2019
BARGAIN hunters take note grin

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:16pm On Jan 29
Intendy:
Stocks with new 52 week highs

Champion brew #3.10k

Portland paints #3.50k

Vitafoam #10.05k

Mtn #181.00k

M & B #4.65k

MayB and CHAMPIONS giving me joy always grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:15pm On Jan 29
sonofElElyon:
What's the assurance that the new price will not fall, post reconstruction..

Assurance kwa? None oooooo
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:11pm On Jan 29
Analyst01:
https://nairametrics.com/2021/01/29/ecobank-transnational-inc-records-24-increase-in-profit-after-tax-for-q4-2020/

@currentprice; @ymcy56; @megawealth01,

What do you think of the ETI result?

Not my kind of stock. Thanks

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:10pm On Jan 29
ukay2:


Not likely to reach km35

E go go very low sef... Make una leave fomo grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:09pm On Jan 29
Chibuking81:

If they give bonus after reconstruction, what is the need of reconstruction?
Anyway in Nigeria many things goes anticlockwise. Always manipulative avenue to achieve their goal.

Unity bank reconstructed I think up to ten units of share to one, and today where are they, back to base.
That's why I no gree near that one oooooo I had to sell at #2+ when the thing started falling grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:47pm On Jan 29
samguru:
http://www.nse.com.ng/Financial_NewsDocs/32292_FBN_HOLDINGS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_20.pdf


This Elephant is big for nothing.

Every year Elephant has been constantly disappointing me, this year is not an exception even after injection of #25 billion

I will wait for their audited report sha
It is one of my JIJO stock since how many years now grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:57pm On Jan 29
bigjay01:


If they do not offer higher price, then the herd will push it up. Either way it is a speculative punt. 15-20% will do me
grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:27pm On Jan 29
Mcy56:

All the best.

I edited the Wapco post before someone come for my head..... They won't say we've been shouting and echoing it since when it was at Circa 9 again. grin

Na their way na... They always look for reasons to shout I warmed una grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:26pm On Jan 29
BrokerHaruna:
BTC, XRP and BTT cryptos are on fire!
Remove XRP jare that one is digging low na... Abi you know dey current ni?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:22pm On Jan 29
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:21pm On Jan 29
Mcy56:

All the best.
Yes ma... I just hope it leads to ELDORADO grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:20pm On Jan 29
Mcy56:
UCAP used to be the first coy to release result, Wetin happen this time?
As for me UCAP is overpriced but I no go talk since I no get am again... E go shock us either negatively or positively grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:19pm On Jan 29
Mcy56:

Hope you're not giving room to greed on this stock.......just saying ...........you may be right eventually who knows...
I have made more than 200% gains... Just playing with the remaining quantity to know where the DANCE will lead to or END
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:12pm On Jan 29
bigjay01:


All these vloume is not for nothing.

The denial by Atlas Mara is expected (at this stage). It was first rumoured before the pandemic, I believe the pandemic slowed down the works. These things follow a process, it is only a matter of time before a bank amongst the FUGAZ comes knocking

https://nairametrics.com/2020/03/14/update-reports-suggest-zenith-bank-considering-merger-with-union-bank/

I have taken a speculative punt @ #6 here. I don't intend to hold for long. If it goes bad, I'll convert to long-term thinz.

Caveat - This is strictly my opinion, not any sort of advice. I am very elastic when it comes to holding long term
I will re-enter UNION at my usual#4+ bus grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:11pm On Jan 29
grin
Mcy56:
WAPCO:
Some guys/entities are codedly accumulating this stock........but they are doing so in a crafty way........the pre-market was also suspicious.
Lol. That's an observation oo. grin

Gamble at owner's risk ...... *edited*
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:39pm On Jan 29
Champions on full bid... I released small today... We move grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:36pm On Jan 29
ukay2:
What is cooking in MTNN PLC?
Yeah... They have a good result... Not yet made public

Disclaimer

I don't have MTN and I don't intend buying... Don't rush in because it might end up not true

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