₦airaland Forum

aj8:
Thank you for responding. Please kindly cross-check the link you gave above, I couldn't find anything related to the subject. I landed on page 3 but it was a bit difficult navigating the forum. I couldn't locate thread 124.

Look for the post that starts with

I’ve been looking closely at the shifting geopolitical landscape and global energy data, and I believe we are staring down the barrel of a massive oil supply glut. I’m repositioning my portfolio accordingly, and I wanted to share my thesis here to see what you all think.

its on page 3

Here is the thing, The conversation is not directly linked to TIP. TIP will just be a victim of circumstances beyond its control. Anyway I am not willing to have the discussion here, you can ask there.

P.S. I don't like having serious conversations here because it is impossible to reference them in the future and as such it feels like a waste of time.

ogawisdom:
Yet one ignorant boy with millions of followers is calling for kidnappers to name their price whatever it is and be paid via crowd funding. They call him VDM.

The solution to Nigerian problems is a revolution to remove the heartless election riggers and looters

I believe VDM is wrong but then again would I believe he is wrong if it was my child that was in the bush?

As for your solution; I don't quite agree. We have free and fair elections in Mexico and yet their cities are more violent than ours. Nigeria has created a monster that I honestly cant proffer a solution for.

Streetinvestor2:
As I believe thr are good Nigerians with integrity. I equally believe I am one in such category just like we see some on daily basis..It could equally mean you are among the bad Nigerians too.
You can't tell me in a population of over 250 million people we cannot get the good numbers of people for this positions you mentioned.
Then again you believe u have them in the companies u invest your money in it.
Are you saying in your village, place of worship, neighbours , business/offices etc
If you are asked to point out good people you won't be able to bring out any.And in leadership. When the head sets a standard and personal adheres to it.Everyone down the ladder will sit up because they know thr will be consequences for unapproved standard.

The problem with Nigeria is not a shortage of good people, the problem is that the majority of Nigerians are drawn to quick solutions sold by anyone. Jonathan was a good person yet Nigerians couldn't wait to kick him out based on unrealistic promises. How could educated Nigerians vote for a person promising N1 to $1 think about that.

narite:
It looks like a joke, but Nigeria is rapidly heading down the path of Afghanistan. I believe that when these terrorists, bandits, and herdsmen (whatever name they are given) have spread their tentacles to every corner of the country, the people behind them will begin to show their faces. They will start dictating and making demands openly, no longer from the shadows but for all to see, and then fight to completely take over Nigeria’s government.

I don't buy this narrative of a central group. We made the mistake of paying billions for the Chibok girls. Once that happened where we are today was inevitable. Once desperately poor and jobless youths realized that kidnapping paid so handsomely and relatively risk free it was only a matter of time before it became wide spread. Once it became widespread, it was inevitable that gangs will become more gruesome to get more money. Same thing happened in Mexico with the drug cartels, they started by killing each other by plain old shooting. Once they realized that shooting didn't capture the imagination groups stated working to outdo each other in gruesome ways to kill their rivals.

There is a reason why you don't negotiate with kidnappers and Nigeria is about to learn it the hard way.

aj8:
Please @Nosa2, what is this prediction based on? Kindly throw more light. Thank you.

https://ngxforum.com/thread/124/marketwatch?page=3

I shared my thoughts on that page many moons ago.

megawealth01:
Those who have access to the appropriate authorities in Nigeria should urgently appeal for the safe release of the children and their teachers. This heartbreaking situation must not be allowed to continue.

How can a nation remain silent in the face of such senseless violence and brutality? Is Nigeria without a government? The primary responsibility of any government is the protection of lives and property. Security must always come before business, economic indicators, or stock market performance.

The lives of innocent citizens, especially children, should never become secondary concerns. Every necessary effort must be made to ensure their immediate rescue and safe return.

Enough is enough. Let this nightmare come to an end.

Signed THE MEGAWEALTH01

This is my fear: Unfortunately kidnapping has become normal in Nigerian society and in order to get more attention kidnappers need to "shock" the society. Had they not beheaded the teacher this incident would not have captured the imagination of the country the way it has. What really scares me is that these kidnappers or the next set of kidnappers should not then go ahead and behead a child or do something even more despicable . To be honest typing what I just typed made my feel somehow but it is the trajectory that we are on.

pluto09:
I think you need to look at the results again.

So one of the lessons I learned from investing in the US market is that in determining the future of a company looking at the result is always too late. Now the NGX is no where near as efficient as the NYSE so looking at the result does work in the short term. However in the long term the lessons learned on the NYSE rule.

I stand by my prediction and I stand by my timeline. I hope this conversation is remembered by then.

pluto09:
I don't see the price going below N20 with what they have done so far.
The company is doing extremely well in growing their business. The only question for me is if the management could be trusted to deliver in the long run.

Lets be looking. Please note that my time frame is like 2 years oh.

megawealth01:

The real funny part is that those bullish on the stock think I am joking

Ginalex:
lol the sub 15 naira dream has been shattered abi

No it hasn't. One day movement does not define a trend.

PS right now my price Target has dropped to N7

Ginalex:
I like what I'm seeing

I'm not

Krisuba:
@ Nosa Acccess still the drop bonus oo.. what sort of bank. During rally e go d drag leg but for bear na him go carry flag for front!

Ok na. I heard one guy needed to sell to do wedding for his daughter

Mankind2024:
I am sure you did not read my write-up and advice to retail investors on AccessCorp and UBA Plc.

https://www.nairaland.com/8667583/when-portfolio-crying-may-day

An investor has little to fear about AccessCorp and UBA Plc because of temporary selling pressure, price stagnation, or even concerns arising from the non-declaration of dividends by both companies.

At around N25 for AccessCorp and N45 for UBA Plc, both stocks are still trading at what I consider decade-level discounts.

In this game we are not playing alongside each other we are playing against each other. When you see your opponent making a mistake it is not your job to correct him.

Mankind2024:
I agree with your advice to the OP.

The greatest barrier to success in the stock market is not volatility, stagnation, inflation, or even poor government policies. More often, it is the persistent fear and indecision among retail investors.

Seeking public validation and doubting one’s instincts after conducting proper due diligence can become a recipe for wealth transfer from impatient investors to patient ones.

The stories of AccessCorp and UBA Plc are no different. Many investors will voluntarily transfer wealth simply because they lack discipline, patience, and consistency.

I for vex for this post if not that I have finished buying Access.

PinkNature:
when’s the bear market?

It will creep up on us like a thief in the night.

Agbalowomeri:
Plenty blood

Dem say pigs get slaughtered, wetin zendi think say e mean?

It means Zichis and Ellah lakes will have plenty of pork meat to sell

zendi:
You can call stockmarket money blood money only as a playful joke just like I habitually call your trading profits loot.

In real terms stockmarket money is same as your proceeds from the sale of lands, house or any other assets, and never involves spilling blood.

My oga blood dey the money oh! Just hope it wont be your blood

PETERiCHY:
Of course STOCK MARKET MONEY is BLOOD MONEY 💰... If only you know how many PEOPLE have LOST their FUND & LIFE SAVINGS while ends up in PENURY & SUICIDE!!!!


BARGAIN HUNTERS TAKE NOTE! GB

megawealth01:
The stock market isn't a get rich quick syndrome ooooo

When the bears show eh

Begone oh ye prophets of doom. The bears have been slaughtered for good. We are now in an era where things only go up up up!

megawealth01:
Tip wey I dey pray make E reach sub 5

You be real thief!! People for here go beat you oh

I suspect it will hang between 10 and 15.

Agbalowomeri:


E be like say all of us don forget wetin be bearish market. Bull good o

A lot is riding on next quarter earnings. Any company wey mess up go hear am

HesInMe:


I cannot go long Access 100% nah.

Too much of a good thing is a great thing

HesInMe:
Curious to know: What do you do with the spare cash sitting in your brokerage account while waiting for the next investment opportunity to open?

You can send it to me. I promise to use it for something interesting and give you a story that will make you laugh

megawealth01:
I have phobia for insurance ooooo

E be like say me and you share the same investment umbilical cord.

The only thing that will make me invest in an insurance company is if they are insuring dangote refinery

kintus:
Oga Mega abeg no loud am. Let'snove in silence
We dun to suffer
My hand self dey pain me..

We don catch Una

Forward PE 2.36
Price to book 0.97

Sexy but not as sexy as my darling Access

megawealth01:


I buy almost all my stocks when everyone is speaking ill and don't want to have anything to do with them... Then give it time I'm audioly WEALTHY 🤑

Every single play I have made since coming back to Nigeria has not made sense to the thread consensus. If I state the kind of returns I have gotten people go shock.

If people think a stock is good I tend to be very weary of it. Some times the consensus is right but I dance to my own music

Agbalowomeri:
Na you talk consolidation

ACCESS wey don dey consolidate for 2 years. He is asking whether you can wait another 2 years Lol

If everything else remains static then I can wait 10 years but if other stocks become cheaper then I will moved my capital to where i believe it will get there most return.

Right now Access Bank is the cheapest stock on the exchange ( Based on publicly available information). Off that changes tomorrow I change accordingly

Streetinvestor2:
My oga you are not in the long game any longer. So leave the consolidation theory. How many stocks have you bought and exited this yr or will I say since the middle of last Yr.
If I here you can hold access for just 2 yrs..lol

Duly noted.

Just for clarification, what exactly is your point?

Agbalowomeri:
Lol na moral support for Oga Nosa

On a more serious note, ACCESS na long-term waiting game. Make una no lean finish before the cowboys pay the next dividend

The problem I have is that I follow a religion that forbids me to chase stocks when they are rallying. In fact in my religion buying stocks that are consolidating is the key to heaven. The longer the consolidation period the better your plot in heaven.

Agbalowomeri:
The good thing is that he has nothing to lose. ACCESS is not likely to go down below 20 if at all. Na the wait till next dividend round be Koko. At least if dem no give dividend in 2927 then 2028 is sure

Exactly!

Streetinvestor2:
The two metrics have existed as long as that scam alert has been operational. So it is not new...lol
The value it creates is never for shellholders
Agba pls explain to him in French language

Make we dey look.

You know cardinal stone has issued a buy rating for the stock with a price target of N50.

Streetinvestor2:
No bigger pictures to my so not buying..lol

My brother I work hard for my money so I dey shine my eye before releasing kobo. Loco's enthusiasm is almost infectious but the numbers behind that company stink to high heavens. I don look the thing up down left right and I just cant find a rational reason to put my money inside.

Even if they start producing gold the kind of EPS growth they will need to make the stock good is astronomical. And given the insecurity in the country I don't even see the gold production being smooth. Even if they somehow achieve smooth gold production the management has a bad history, history I witnessed first hand as a market participant.

Anyhow make una carry go. I will gladly miss the japaul boat

Agbalowomeri:
All die na die

I dey look the forward PE and Book value and the thing dey do my body somehow. This is literally free money on the ground