₦airaland Forum

HesInMe:
Lol. Tell me na. I only buy small-small so I won't disturb your entry.

No worry, when I don buy finish I go use am worry una

Streetinvestor2:
That is because he is neither a monkey hunter or Scam alert. Therefore he no send whether u buy or no buy the stock he is investing his money...lol.He mentions the stock here to get other people analysis on the stock

What you have said and also to create demand for what I own. Remember that there are a limited number of shares on the exchange. Any demand I can create will only help push up the price which I ultimately profit from.

Go through my post history, I have never mentioned what I am going to buy unless I am trying to feel the pulse of other market participants. However once I have bought my fill I will start to scream why that stock is the best thing since sliced bread. Likewise I do not mention what I am going to sell. I will only say I have sold after the fact.

This game is not a team sport. Anybody coming here looking for a guru or some guide is only delulu. Internet go use your life savings do exit liquidity

Take time out and learn how to value stocks for yourself. Read books, read Investopedia, ask questions, but do the bleeding work. Thinking you will come on some internet forum and some stranger will have your best interest at heart based on phony online reputation is a recipe for disaster.

Streetinvestor2:
I noticed most stocks you have bought since u returned to ngx.You have sold them with a yr or so . How will this one be different ..lol

If it gets to the price I think it is worth I will happily sell. If there is news that makes me feel that my original thesis is wrong, I will happily sell. IF I wake up and the wrong side of my bum itches me and I decide that is a signal to sell, guess what I will do?

My number one priority is me myself and I. So long as I can justify my decision to myself I am fine with it. If anybody follow me and they enter bush then they are on their own. This is not a team sport. I am here to make money from other market participants (YOU)

HesInMe:
I don't know if it'll get to N19 or N25 in the short run. I just know that if it gets to N19, I'm going to double my position. Because if I look out 5-7 years, I see the African consumer rising, and trade, payments, and wealth management alongside, and few Nigerian banks are better positioned to ride that tsunami than Access.

But if one's horizon is shorter, the disappointment is understandable.

If you have a 5 to 6 year horizon then there is a stock I am looking to buy soon. After I buy I will disclose it. I could disclose it here or on my site. Sha just keep an eye out.

jonnysessy:
I also have been observing this. I was even thinking that someone like you will look into her crystal ball and tell me what is happening

Zenith Bank, Access and UBA are not doing badly today, my portfolio will definitely be in green territory considering my holdings on the mentioned stocks.

Fear is slowly turning to greed. Anybody that panic sold last week and is feeling the need to buy back this week needs to hand their money over to a mutual fund or some other fund manager. This game is not for them

Locotrader:
You are attaching emotions on this.
Just interpret what the data says about a stock and have your peace.

Technicals don't lie

I know there are a lot of people that make money using technical analysis. Me personally, I have never trusted it. I understand it but I don't place much faith in it

handsomebolanle:
Access will get to 19. I will enter in 19.
Zenith and UBa has paid me back my 10% loss in access(I’ve stayed over 8 months)
The new capital raise at 20.25 naira looks fishy.
Once I suspect a high level of inefficiency, I cut out. That has been my strategy.

It is incredibly unlikely that Access Bank will get to N19. You are more likely to buy back at N25 than to buy back at N19.

handsomebolanle:
Pa Emma… I entered Nahco at 100naira on your calling 😁😁

I have sold my last tranch of Access. I’m tired of that bank.

You will probably regret this

Locotrader:
New week market watch
JAPAULGOLD

✓stronger buying interest showing up.(15m bids)
✓Most trades are done @ 2.20(renewed interest)
✓last support was 2.03
✓If 2.20 is sustained,the next resistance zone is 2.40-2.45.

Just what the technicals is pointing.
Be on the watch

This your bullishness is infectious but my lizard brain cannot allow me to touch a stock like this.

Locotrader:
Cool
ASI has arrived 147k.
Na break out season we dey now

Banking
Insurance
Consumer
Financial services

Today is Friday,next week we go begin 10 10% league

Cc Nosa2,Agba and disgraced men of Nsempa

I am sitting comfortably in the Banking sector. Let the break come

crownprince2017:
Is dark not coming again on disgraced ngx?

Agba, wetin happen to the darkness..

You know say Oga Agba dey use una catch cruise right?

Locotrader:
Today is Friday.
From Monday na total break out.
Make una go consolidate for this weekend and come out next week for powerful breakout
10 10 10 10 10%

Make I pepper disgraced people small

I guess they have cancelled the Capital Gains Tax.

Last last everybody go dey alright. After this rally there will be a pull back and people will find another reason to explain that pull back and we will buy when they are dumping and we shall continue the rinse and repeat.

My advise to anybody that wants to make money in this market is to get a value in their head and play their own game. The market will always be crazy, if you want to follow the madness the market will gladly take your money.

Less than 2 weeks ago people could not wait to dump the stocks they are rushing to buy now. Nothing has changed oh

funkymedina2:
Thank you. Customer service is very important for me

From my experience Investment One customer service is excellent. With Bamboo the customer service is kinda rubbish in my opinion. But then again the amounts I invest on Bamboo is probably less than the transaction fees I pay on Investment One so they may just not value my business

funkymedina2:
Thank you for replying, do you have an suggestions for a better broker, that would be helpful . I dont want to go elsewhere and be stuck with the same same

I use Investment one and Bamboo and I recommend both of them

funkymedina2:
Question to the house:
Please, what does it generally take for a broker like Meristem to assign a dedicated account officer or offer access to more tailored services such as specialized products, detailed research reports, or reduced fees?

Is there a specific portfolio threshold that typically qualifies a client for that level of attention? If yes, what ballpark range are we talking about?

I’m currently not satisfied with the level of service I’m receiving, especially considering the fees and I’m wondering whether it’s simply because my portfolio, while modest, is within the upper double-digit millions.

Are there brokers out there who provide stronger client engagement and better support for investors in that range? I’m beginning to feel like I may be too small for Meristem and might get better treatment elsewhere if I move.
thanks in advance

If you are not happy with their service get another broker. Its not by force to use them

GeeKudi:
But the price is obviously being manipulated.

Not necessarily. Someone could be selling strategically but that's not manipulation

HesInMe:
Very insightful.

Haha! See, it's not easy nor is there a guarantee that just because you review results this weekend that you will find one this weekend. You have to be patient in your search and you need to be confident in your analysis.

HesInMe:
It's mostly dumb luck.

All these feel-good, find-the-needle-in-the-haystack investment stories don't acknowledge how poorly the strategy works on the average -- those stocks where the strategy fails, and fails badly. Most investors are better off just buying the index.

It's not luck

Mankind2024:
My brother, the NSEMPA no1 impatient and arrogant trader, thank you for the free publicity and for giving me the opportunity to clear the air once and for all.

1. “Negative shareholders’ funds and a failing business model”
- In Feb 2021, NCR had negative equity of about –N1.2bn. That’s public information.
- What is also public information is that the company had over N8bn in installed base contracts (maintenance of ATMs, POS, and self-service kiosks across banks and oil companies), contracts that renew every 3–5 years almost automatically.
- I saw a situation where the market was pricing a 130-year-old technology franchise with monopoly-like service contracts as if it was heading for liquidation… for N180m market cap. That’s not a “failing business model.” That’s the bargain of the decade.

2. “Why only N170k? That doesn’t show confidence.”
- In 2021 I was a salary earner, struggling with life and family responsibilities. N170k was part of my liquid net worth at the time — exactly the position size I allocate to my highest-conviction ideas when they are this depressed.
- Confidence is not measured by how much you bet when something is already obvious to everyone. Real conviction is measured by how much you are willing to allocate when literally nobody else sees it.
- Today that N170k is worth N3.635 million. I sleep very well with that “small” conviction.

3. “You only got 20x in 4–5 years while people who bought at the 52-week low got 18x in one year — so it’s luck.”
- People who bought at the 52-week low in early 2025 paid between N4 and N6. They are enjoying the ride now, and I’m genuinely happy for them.
- But let’s be honest: in early 2025, the turnaround was already visible to anyone who cared to read the 2024 results and the H1 2025 numbers. The stock had started moving. It was no longer invisible.
- I bought when the company was still bleeding, when the chart was flat for four years, when the average daily volume was sometimes 200 shares, when people on this same forum were calling it “dead money, Iliquid stock.”
- That’s not luck. That’s buying when fear was maximum and facts were minimum.

4. “Paint the full picture so people can learn.”
- The full picture is simple: I looked for a company with:
(a) a moat (service contracts that competitors can’t easily take),
(b) a tiny market cap relative to its installed base,
(c) a share count that made a future re-rating mathematically explosive (108 million units), and
(d) zero chance of permanent capital loss because the business would still be needed even if it crawled along for another decade.
- I didn’t need 2025 results to see that. Everything I needed was already there in 2021 for anyone willing to read beyond the headline loss.

Finally, I have never claimed to be a genius like you. I just refused to complicate what is painfully simple: buy great (or decent) businesses when nobody wants them, do nothing, and let time work.

If waiting 4–5 years for 20x (so far) while collecting zero dividends and watching red headlines every quarter is “luck,” then I pray every member of this forum continues to enjoy such terrible luck.

To everyone else reading: the next NCR is already on the NGX today — trading at N5–N15, negative equity, zero volume, and plenty of people calling it trash.
You don’t need luck. You only need the stomach to be early and the patience to be quiet.

God bless you all.
And thank you again, the arrogant trader, for bumping my post to the top. Much appreciated. 🙏🏾

Wonderful post and brilliant analysis.

Streetinvestor2:
LWKD.Ask all thr marketers and scam alert. None of then bought a single unit from the PO.So na whose money they want to loot.Why didn't the management add RI as part of the fund raising. It simply means the management are not ready to even put thr own money. That is red flag .And how many of the PO did u pick as a person. Na who money good to enter one chance. The scam alert who did everything here sold without letting anyone know..lol.He turned around and said the management is only interested in SP manipulation but not turning the company to presco again as he claimed it will be in future

I wont go as far as saying scam sha, but I am not tempted by the offer

Agbalowomeri:
Before nko
I be old man. I no fit run when trumpet sounds

These young people dey use old age as insult

Locotrader:
Risk-averse investor.
Always preserving capital.
Investing in low risk equities and fixed Income instruments.

Always in fear.
Always seeing bears

You must be old man joor

I was just about to say you must be young

Locotrader:
Fixed deposit I don chop 23% since and clean mouth you dey make mouth now for 15-17%

You do realize we are not competing against each other right?

Agbalowomeri:
Una get money for here o

My brother!!! Me wey be dey feel like Don Dada with my N100k portfolio

emmanuelewumi:
I don't think the insiders will buy the offer, most of the current shareholders are not buying, but are waiting for the standby investors.

My Presco right is over N20 million, I have money for part of the right and had to get a loan of N8 million for the balance.

Yet to see a shareholder of Ellah who got a loan to buy the public offer

Una no dey fear kidnappers Sha.

Streetinvestor2:
Another angle here.How do u determine which life worth more in this context. Then again it is ur opinion or how u see life

How rich a community is determines how economically relevant the members of that community are. I saw somewhere that more people were killed in Sudan in one week of that war than were killed in the entire Gaza war, but because the people of Sudan are economically irrelevant in the world there was no outrage.

America doesn't give a hoot about christian lives in Nigeria. They are thinking long term and they realise that it is better to kill this crisis now rather than watch Northern Nigeria turn to another Afghanistan. If Boko Haram were blowing up oil pipelines trust me Nigeria would have found a solution since. But as things stand right now a bunch of poor people are killing another bunch of poor people.

mikeapollo:
How could you say such or describe people, human beings as ''economically irrelevant population'' of Nigeria?
These people are farmers, they are traders, they are consumers, they are teachers, students, etc. They contribute to the economy and GDP of the nation.
The performance of stock markets (all over the world) is not only about earnings of companies. Stock markets are driven by news, information among other factors.
If we are fortunate to be living in the city, let us appreciate people living in remote parts of the country, they also contribute to the economy and cannot be described as ''economically irrelevant''.
News of insecurity in the nation surely affects foreign investments

Streetinvestor2:
It is obvious u can do anything to get this money. So thr are economically irrelevant population.
I guise u and family are the relevant population because u have money or make money

I guess both of you missed the part of my post that said "As sad as this sounds". The fact of life is that some lives are worth more than others. We don't have to like it or agree with it but that is how the world works. You can choose to be idealistic or choose to be pragmatic.

mikeapollo:
True. Insecurity in the nation is having a toll on NGX

As sad as this sounds, the fact is that so far the insecurity is affecting only the economically irrelevant population of Nigeria and as such I don't see it having much of an impact on the earnings of companies on the NGX

chimex38:
... every moment creates an opportunity..

We will recover.
We're still far from the worst.

I think we are close to or at the bottom for some stocks, obviously Zenith Bank is one of them. It could trade sideways here but I don't see it going below N54.

In fact crypto has started bouncing back so tomorrow would most likely be positive

emmaodet:
I am not arguing with you bro rather learning.

I understand. So take a wild guess as to what I would reference

emmaodet:
Annual growth rate with which metric? gdp or population growth rate?

This na why I no like to dey too argue for internet. Given the context of the conversation take a wild guess a to which metric I would have quoted.

chimex38:
As NGX dey dance skelewu without direction.
Naija matter don take over

Bring back the Bull!!

I buy more Zenith bank today. My final purchase sha. So as market dey consolidate people dey take poition