₦airaland Forum

Ades1:
Wow! Congrats you 4X'd your money in 12 months! That's a huge feat, would you be kind enough to share screenshots of your buys and sells? This will definitely motivate lot of people here. Even me, I may sell everything and join the train.

emmanuelewumi:
There will be a primary market offering on Monday 29th January 2024

emmanuelewumi:
No, probably next month. But you can always buy in the secondary market

yMcy56:
@MrDiligence
I've been searching for the mail and will send to you as soon as I lay hands on it.

yMcy56:
Depends on where you intend to move the fund if you exit...
*Apply DD*

yMcy56:
Na so e dey be sometimes.....
Similar scenario played out in GT and ZENITH too........before GT later reclaimed its position....

Some of them are destined for leadership. We'll see what will happen in the case of UBA/ACCESS as well......
While elephant may continue to come from behind and overtake...... Na just my opinion o.



In this market, one can neve4 say never......

UBA now @21.95
ACCESS: 17.60
FBNH: 19.20

* Meanwhile, some of the Insurance stocks delivered very good results as well.

BabsO2:
One should not take the Access Q3 profit numbers as cast in stone as they have not been challenged by auditors. Note also, the Access Q3 comprehensive income is negative.

GTCO didn't get a negative experience with Q3 comprehensive income and the market traded slightly down today. Perhaps the market is still digesting the numbers.

It's UBA that dropped seriously today that is worrisome.

yMcy56:
Consider FBNH @16 or below, keep eye on the price movement and do your DD.

E Ku Market o.

yMcy56:
See as you dragged me out.
If I be Dangote pikin, na give away I go dey come here to do once in a while na...
Na Otedola be my dream family for now, once it becomes reality, you self go know. Lol.

** Back to my guest mode **

yMcy56:
Thanks to God.
"HOLD "

I've been monitoring the movement since market opens, I'll say there's still high investors interest and sentiments on it, even though it's presently selling below yesterday's close......anything can happen.

Strong support is still above N5 according to TA analyst so far.

yMcy56:
What's your entry price?
Though I'm not an expert o, can just advice you with what I'll do if in your position.

yMcy56:
Same person different moniker

Meanwhile, E Ku Sugar joor......
Lots of accumulation codedly ongoing in the 54/55.30 range........
Some cross deals as well.....

Patiently observing......

BullBearMkt:
Good morning!

Please find below the link to a short report written on NSE ASI for the week ending 28/07/2023. Contains only TA Please!
Link :=> https://drive.google.com/file/d/18ATV2FXsusJQ4h8Zy8V9cKedRucaerIK/view?usp=sharing

Wishing everyone a Happy Bullish Week!

PLAN YOUR TRADES AND TRADE YOUR PLANS

kolaish:
lol @dangsugar. I don't know who taught the stock this dancing step. The style is always 3 step forward and 2 step backward. Well, it always reminds me of the song by NICE: pig go surely reach oyo, na shout go plenty.

BullBearMkt:
Hello everyone!

The weekly report for NSE ASI activities for week ending July 7, 2023 is ready
Kindly find the link to the report below:

link: ==> https://drive.google.com/file/d/1kko1975C8w1uGPtUn_4zBu85CkUxQil5/view?usp=sharing

I hope it's working well!

Thanks boss

BullBearMkt:
Hello everyone! I hope we are all ready for the next half of 2023.

I made a quick report on NSE market, you could explore the report that dives into the performance of the Nigerian Stock Exchange in H1 2023 and offers projections for H2 2023, mainly TA.

Click on this link ==> https://drive.google.com/file/d/1h2OMrTmZMH_mIYZkuNXL_82Jv8tX7BbN/view?usp=sharing

PLAN YOUR TRADES AND TRADE YOUR PLANS

emmanuelewumi:
I don't want to be a Monkey hunter or a stock marketer

emmanuelewumi:
The average PE on NGX is still about 7, use your inner eyes a lot of undervalued businesses are still around if you use patient capital to invest and can hold on for 3 years and above

emmanuelewumi:
You can always ask your questions on Nairaland and I will provide an answer to the best of my ability

Mankindman:
Investment Calamity shall not strike again.
It is often mention by Nigerians "A dead bone shall rise again"
This is most applicable to Multiverse Minning and Exploration.
I was having about 5 Milion units of this resurrected company that was static for over 5 years.
At a time, I was the only investor that was mopping up available offers in 2019 to 2021 with average purchase price of N0.23k.
The target then was 10 Milion units
There we go, no one saw a a real potential, but I did see one in the future of Mining industry in Nigeria. I always scan the internet for any good or bad news about Multiverse and the believe was strong.
At a stage, I wrote an anonymous email to the management, telling them that they were feeding fat on minority investors. I challenged them to declare a dividends, anyway they never replied.
I sold 50% of my holding at a profit and made 100% cost of purchase which i invested in TRANSCORP
The 2.5M units left was 100% acquired as proceed of investment. Then in 2021/2022 the company introduced a share reconstruction, and my unit was reduced to about
Fast and forward, the share reconstruction came, my holding was reduced to 225,000 units which I equally surrender at N2.3.
Now I have been struggling to get Multiverse at sub N4.
Lesson not learnt.
I guess I was greedy when others were fearful and fearful when others were greedy.

There come Mr TRANSCORP, before Emperor Otedola entered the market, I was planning to have 10 Milion units of TRANSCORP by 2023 December.
I already had 3 Milion units, then the Emperor came, I saw it as an opportunity to bail out and reenter at sub exit price, alas the Emperor is a disruptor, the Elon Musk of Nigerian Stock exchange. I bail out 1.8 M units at N2.45 with average cost price of N0.99.
Now, in the past market opening there has been no regular open offer despite the fact that I was ready to reenter.
Same thing happened in Ardova.
Overall, I am a good investor with strong believe in Nigerian stock.
My portfolio is always green.
I will surely get there.
The journey is titled Project N1B portfolio by 2025. So help me God.
The important lesson I learnt is to acquire and acquire and strengthen my position.
Investment is a marathon, not a sprint.
Happy weekend folks.