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Megawealth01's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:24pm On Jan 22
Streetinvestor2:
Two things are involved by one comedian

1 security reasons
2 Audio life as we say on this forum

Use your tongue to count your teeth....na watin dey teach me for street oh,lol


You are definitely correct
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:53pm On Jan 22
emmanuelewumi:




Money Market Fund, cash and fixed income are also liquid, I guess his networth was tied to market value of his highly speculative stock positions

I shared the story of the guy whose N30 million portfolio turned to N2.5 million at a time when Naira to dollar was about N120.

If he diversified into cash, real estate, personal business and other cash producing assets he would not have been badly hit.

Someone said networth is a lousy metric and cash flow is far better. I guess that contributed to why Warren Buffett is the longest member of the Forbes list. Being there for decades.

Networth fuels the ego, cash flow fuels the yatch, jet and living expenses

Words on marbles

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:35pm On Jan 22
essentialone:
If this was a Facebook group, or Whatsapp group, would you been as active as you are here?

NEVER... I hate disclosing my identity to people

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:27pm On Jan 22
But the market didn't do badly today sha... We all know we are approaching month-end and results will soon start shooting in...

We hope for the best but all newbies be careful with rushing into any recommendation by ANYONE

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:25pm On Jan 22
veecovee:


Hmmm !! agba case senior me oo

I guess Agba is a polygamist grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:24pm On Jan 22
Agbalowomeri:


Market is never rational
The market is long overstretched
February/March is poised for the bears

Enjoy the game grin

Softly na
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:21pm On Jan 22
KarlTom:
One thing i admire about you.
Your analyses show you are an excellent judge of the market... grin


She is honest and clean
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:20pm On Jan 22
Agbalowomeri:


My position is still in dollars since mid last year

Wish I listened to my in-law's advise on this... I was told when naira was 500+/$ to convert all my naira to USD... I declined

BUT

Thanks to JESUS for crypto
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:55pm On Jan 22
Zagee:

Hahaha. I come in peace oh!
Let us know who cannot survive again oh!! grin

You eh grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:51pm On Jan 22
Agbalowomeri:


That's a very expensive joke
Nor try am again Lol

Agba abeg no vex ooooo... I announced it here this moniker was banned that the babe moniker will act until MEGA is unbanned ooooo

Ask Mercy and others ooooo... Na you go dey confused without reading messages grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:36pm On Jan 22
yMcy56:

That's how the b.o.t. misbehaves sometimes.......it's not peculiar to only you.

Agba no dey take eye see babes.
He needs to go for deliverance session with Pastor Vee.... grin

PASTOR VEE abeg help out grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:28pm On Jan 22
yMcy56:

Dey don unban you grin
Agba think say he don see fine babe.... grin

I dey o.
Not much update to give today.......was just observing the market for the most part.

But from the look of things, there's some kind of resistance by quite some stocks despite the profit taking in them. Some kind of defence ongoing in-between.......
Upward movement observed in some, some tradedat day's high and few on full bid...
Billions still spent on the likes of Transcorp, ACCESS, DANGCEM and maybe few others....

We see how tomorrow goes again.....God willing

I was unbanned not long ago... I don't even know MEGA'S offence to the BOT

I was just laughing at AGBA, E don see fine babe grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:13pm On Jan 22
yMcy56:

Chai!!
Una don start bah? Bear never show o...the billionaires still dey buy. grin grin
Which post you go come give Mcy now?
because I'm sure Mcy is one of the club members..... grin

Seriously, I think you guys should give credit to some of the influencer club members because we dey try well well for this platform and also try well well during this bull period......
People wey influence portfolios positively, no be stones suppose be their rewards o. grin

Somebody mentioned Scavenger Analysis the other time....I think Zagee......I was just laughing. Your stone no go fit hit someone like me this time around. grin



My paddy, how are you today? Didn't get much update from you today... Seems your biz didn't afford you enough time
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:17pm On Jan 22
Meet the CFOs of top 10 biggest banks in Nigeria by market capitalisation

https://nairametrics.com/2024/01/21/meet-the-cfos-of-top-10-biggest-banks-in-nigeria-by-market-capitalisation/

NNPCL to pay royalties, taxes from $3.3bn Afrexim loan

https://punchng.com/nnpcl-to-pay-royalties-taxes-from-3-3bn-afrexim-loan/
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:55am On Jan 19

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:53am On Jan 19
BullBearMkt:

...you are absolutely correct, however, if today's volume is not as significant as 2 or 3 days agos', the worst that we can have is a daily market corrections, bearing in mind that weekly and month are still super-super bullish. But, a daily bearish price action will be needed to start the corrections!

For now, the market keeps closing in strong BULLS!
grin grin grin grin grin

We are watching
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:31pm On Jan 18
phantom:
Abeg how much is international breweries now? I sank 100k into the its IPO at 0.87k in 2008 even though my shares eventually appeared less than what I should have gotten.

What is the website for checking your shares and amounts? I've totally forgotten.

IB is #6+... You can check with the app/web of your broker

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:30pm On Jan 18
Papamrs:
Which app can one use to buy Nigeria shares

Do you have a CSCS account?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:48pm On Jan 18
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:45pm On Jan 18
Kreos44:

The next step is to apply to NGX for delisting. I think someone said payment will now be within 10 business days from when trading in it is suspended.
Sometimes all these bureaucracy dey tire person. Something they suppose ask us "se e fowosi abi e o fowosi? and all of us will chorus "a fowosi o" next day make dem pay us. All these rakatia is not necessary.

They are following due process sha just that I thought it shouldn't take this long
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:30pm On Jan 18
Idrismusty97:
Who read the news that Eternal Plc will be the sole distributor of Dagote petroleum? I am thinking of putting small thing in Eternal shares by month end but needs your expert opinions. Thanks all.

Sole ke? Na one of the several distributors... The queues for their stock go soon end sha

The main BULL for ETERNA dey come nobi now sef
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:27pm On Jan 18
Zagee:


They say they want $1trillion economy, so therefore, power sector must be efficient. MOFI has already taken over of FG stake in DISCOs. It is not business as usual. More Disco boards will be dissolved if they don't sit up.

I love this
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:03pm On Jan 18
Zagee:
Just for stats:

"Investors on the NGX made N11 trillion last year. Investors in 🇳🇬 stock market made N10 trillion this month"

COPIED

This is getting serious ooooooo... More monies getting into this market as THE BLACK... guys don show face with huge moneybags
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:42pm On Jan 18
Today's Top trades... 18th January, 2024

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:02pm On Jan 18
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:40pm On Jan 18
lasisi:


What a finish today by NAHCO! It was in the red almost all day and few minutes to close of market "BOOM" - brought close to maximum gain. Any News?

CHAI
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:37pm On Jan 18
Zagee:

Was not stated Sir
https://nairametrics.com/2024/01/18/gsk-gets-sec-approval-for-scheme-of-arrangement-to-delist-from-ngx/

But why wait for them to pay when you could have just sold off at 17? Anything I'm missing?

They will still pay additional raba
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:36pm On Jan 18
To whom it concerns... NB is undervalued... This isn't their real value...

Time and bull go justify this statement...

DD pls

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:22pm On Jan 18
yMcy56:
Renewed interest in NASCON...

The kind fund wey dey enter TRANSCORP ehnn shocked
N2.9bn so far....

PZ...some Cross Deals @39.20!

That PZ is surprising sha
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:21pm On Jan 18
KarlTom:
The company stated the reasons (FX)... wink


That's true... They are going into DRY GIN, sachets bitters etc

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:19pm On Jan 18
yMcy56:
Renewed interest in NASCON...

The kind fund wey dey enter TRANSCORP ehnn shocked
N2.9bn so far....

PATIENCE is GOLDEN... Imagine those that bought the IPO at #7 or so... They have all made extremely crazy gains

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