₦airaland Forum

seyisanya:
I remember these two ogas vividly. But Oga Chibuking eventually(stylishly ) made it known to us that he entered the market in-between the fear-mongering episodes. Thank God for ogas like you and Chief Oracle, some people 4 don make some bad-bad decisions based on over-analysis wey fit lead to paralysis

I dey tell you bros. Cant even Express how how happy and grateful I am. Imagine averaged down on zenith from #24 to 12.45. Imagine that!! Got some other juicy stocks in my portfolio. Everything green. Oga Oracle, Oga OGG and others I cant mention, una thank you for carrying us along o. Please continue the good work. May God reward you accordingly

leo1234:
Open school make I enroll.
I want be your student.

Me sef go enrol. Lolz. As we never too blend na, make we dey follow them Ogas footstep.

RabbiDoracle:
Those sitting on heavy losses should stay where they are. There is light at the end of the tunnel.

What you saw in the market is how it goes. Never enter a market believing that once you enter, it will always go up. It can go down faster than you imagined.

Most are sitting on over 50% loss and can't open their portfolios. Don't sell in the panic that will occur again. I believe that will be the last.

Our market was low even before the decapitation started worldwide. Coronavirus made it worst and oil crisis exacerbated it. I believe we are close to the bottom. I too like bottom

Once the bus goes to pick up Marlian and co, all road leads to North Pole.

On the coronavirus crisis, this is a black swan event that shakes the market. This isn't a financial crisis. This is a health crisis. With the way US and EU are aggressive in their approach to contain the spread, I believe end of March we will be seeing positive news on the global front.

As for the economic impact of the virus, most developed countries have started rolling out stimulus to reduce the effect on the citizens and the market. Na that stimulus go soon enter market and we go dey alright las las.

So fear not, for I am with you cc.... Veecovee

Thank you so much sir for your selfless inputs and guidance on this thread. I always look out for you and sir OGG comment. Having diligently followed your comments and analysed them, I bought Zenith again this week at 10.85. When I did the calculations putting into consideration the dividends I've received from the previous one, I can say I am at VERY GOOD POSITION. I pray it falls more so I can load more. Once again Thanks. Daalu Nwannem

nna777:
You are welcome to your first baptism. I hope this will be your only baptism because several people have been baptized but they drowned .

If you keep following this thread and read, re-read and re-read again by shifting from all the info passed here, am sure you will do better next time.

caveat - I quoted you because I observed no one responded ( normally you would have gotten a response, but the market is not smiling both for those trapped or those on the sidelines).

Lolz. This one is baptism of fire o but I wont drown. Yea I've been following the thread since then and I know better now.

dinyelutochukwu:
If you’re a long term investor, there’s no cause for alarm. Zenith is about the healthiest bank in the NSE.
If you’re short term, keep your eyes on the market, once there is a slight rebound in prices, sell-off, count your losses, and put your money in one of the sound stocks with good fundamentals.
No one saw this coming.

Do I have any other option than to be a long term investors and wait it out? I intend buying more to average down but the big question is, when do one start buying with the prices deeping lower each passing day?

Na wah o. It's not funny anymore. Bought zenith as a newbie@ #24 since last year, seeing the price now is not funny to me at all. God help us o

DeRuggedProf:
Buy more below N19 and relax.
I am waiting around N18 too....
That Chinese guy is coming to market next weekend......
He will parcel coronabear on Monday to Wednesday, then do clearance sales on Thursday and Friday....
I saw him heading to custom street with his repaired shares duplicating contraption.,

Lol. Bros haven seen the stock @ sub 16 few months ago to even buy at #18 dey fear me seriously.

DeRuggedProf:
Are you still holding your zenith or you sold?

I'm still holding o bros. I guess that's my school fees.

.

Michael11stock:
read here for a start https://www.investopedia.com/university/stocks/stocks1.asp more when you finish this

it was really helpful sir, more will be appreciated. Thanks

locodemy:
we don jump out casting all our net in zenith boat.
Let's chop the dividend first on 19th March get strength to know where else to cast our net again.

bros please how does one go about redemption of dividends on zenith stock. help a newbie

Michael11stock:
read here for a start https://www.investopedia.com/university/stocks/stocks1.asp more when you finish this

thanks

please house,
I invested for the first time yesterday. bought zenith at #24. just trying my best to learn the trade after following this thread for sometime. I will appreciate any recommendations on any information source like books that will make me successful in the trade.
I have fears for this trade but I believe I've conquered my fears by taking a first step yesterday but I want to minimize loss to the bearest minimum. BTW, which other stock can I invest on for a short time investment.
Thanks all and God bless

[quote author=dejiotus post=74840407][/quote]Thanks

please can someone post the 2019 Q1 tbills calendar. or quote if it has been posted b4. Thanks

ernie4life:
You definitely need a dorm account. You need to ask them to confirm

Thanks

Thanks so much for the thread. please what are the procedures? do I have to have a dorm account, Can one buy through stanbic bank ?

aremso:
My Oga madam ma, please i dont tell anyone stocks to buy except my household and followers that loves risk taking like me and as such, i will not tell any one to buy which stock. But go and read the richest man in Babylon, there was a mistake the guy made there which i want you to read yourself before you commit your fund. I read a lot before committing my money into any investment cos of previous experience. When you are done reading then you will climb the next step.

Thanks a lot sir. I will stick with my tbills and mutual funds please. B4 one loses the small change one has gathered

aremso:
Thank You very much BOSS, i truly love your stand on this particular question i want to back up your point by saying every Nigerians who DESIRED to be a Millionaire can be As you have stated above, one must have a very high level of financial discipline which majority of Nigerian lacks, we want to eat our cake and at the same time have it in our hands. Jesus says the poor will always be with you but me i want to be among the rich and i believe if one has the desired to be rich legitimately, one would go extra mile to achieve such even as salary earner no matter the amount, one can be a millionaire. Is matter of mind set, one also need to read much about maintaining that status when one gets there. i could remember about 10yrs ago, i was saving my small small money then invest in tb wit returns of 14k on those hard earned saved money, i also diversified into stocks then but i was determined and focused and Thank God today, i can do TB of 10m but still eyeing 20m by next yr GOD helping me. Majority are ruining rat race today cos of financial indiscipline. Today i dont need to use my housing allawe to pay house rent, dividend from my stocks does that for me, TB can pay my child school fees and i invest my housing allawe in return to get more money. Every one who desires to be a millionaire legitimately can be if he/she work towards it and have very high level of financial discipline

God bless you sir for this comment. you are absolutely right. just 3years ago I couldn't boast of a million naira. was busy buying the latest hairs and designers clothings in town but ever since I started following this thread silently, my life has turned around that I couldn't believe it myself. It's all about discipline.
please I would like to learn about stocks too. I've been following the thread too for some time but I still can't understand it. if you can put me through some certain things. Thanks

y.

Akerewe:
u cant understand what I went tru, if u see d way dey r begging me from their head office nd even from my branch on phone, u will pity dem but yet dey r playing game over my intelligence. I av a dept knowledge of tb nd I dnt think anything is hidden wen it comes to tb. av made up my mind, am leaving stanbic for good. out of all d banks I visited for tb in sagamu so far its only access bank that operates in open door police. I went to access bank today nd d officer in charge just login nd gv me d rates nd tenor. others r not friendly at all wen u mention tb. wot I don't get is access bank daily primary market

That's really strange with stanbic cos they are among the top three when it comes to tb. well, just walk to the customer care department of access bank and request for the day's available rate as its dynamic and not static

Akerewe:
gtb sagamu bank told me secondary market is not available nd dey don't know anything about primary market.
stanbic has bn playing on my intelligence by refusing to capture my form over 2weeks now. first bank response on phone is totally different because d agent told me she doesn't kno wen secondary market wld b available.

Empower yourself with wealth of information by reading the first few pages of this thread, then walk into the bank like a boss and give them instructions on what to do for you. if they feign ignorance, lecture them. by so doing they will know that you are not JJC and if they still insist threaten to call the head office and see how they will turn you to a mini god right away.

Donbrig:
In most investment threads, MEN always make up to 85/90%, is it that our women don't like investments or they prefer the buying and selling types?

some of us are silent followers that doesn't mean we are not investing. You never know some of us might have more investment than you can imagine.

Hello house!
please has anyone been debited by Stanbic bank for 364 days. any information please. Thanks

Does this mean there will be auction on Wednesday

awesomeJ:
Anyone interested in the primary market Auctions should note that there will be one on Wednesday. Bids should be submitted before COB today.

The auction is for about 54bn across all tenors, so oversubscriptions may not allow for much improvements from last week's rates.

Next auction after this week is 4th April.

bros abeg how reliable is this information I just called the person in charge of tbills where I bank and he said he has not gotten the information

debostar:
Please ,has anybody experience or understand Stanbic mutual fund computations. They promised to post their interest daily. Some days ,they post some amount ,some days nothing at all.Its been really confusing. Some days the amount posted is a lot less than the 17.5%.PLease can somebody help me

Same here. Its confusing really

Available rates at Stanbic's secondary market are: 87 days--- 15.5% 171 days ___ 15.70% 262 days____ 16% expected stop rate for next bid at the primary market: 91 days----- 13.25% 182days----15.4% 364days---- 15.725%

NL1960:
About 18.48%.

Thanks. Fair enough

NL1960:
Are you based in New Zealand?. . New Zealand is 12 hours ahead of Nigeria. That is the only reason why you could be on a Friday while Nigeria is on a Thursday.

Lol. don't mind me. this time seems too slow