₦airaland Forum

ositadima1:
Let's say I bought Dangote Cement at ₦300 when fuel was also ₦300 per litre, before the Tinubu administration. Now, my investment has grown by about 3.7 times, almost 4 times my original capital. I decide to take profit, but the problem is that the ₦1,100 I can now sell the stock for cannot buy the same amount of fuel the ₦300 could back then.

My question is: did I really make a gain?

Another question: should I be worried that bears are coming to push these stocks down?

When I left the NGX in about 2013 the ASI was like 29,000 and Dollar was like N170. I believe with the index at like 240,000 it has just about caught up with where it was back then in dollar terms.

megawealth01:
T for thanks

Me wey dey vex. My calls are down like 20% but then I have a strike price of $20 and expiry in March 2027 so I gallant. Stock is down like 14% today alone

Correction: down 33%

Streetinvestor2:
Nope...we are not comparing which is better
Time will tell which will deliver in short/medium term.Infact in 2026 vdf will deliver better than Access
My only concern is about the market generally because of election. The next election is going to determine the survival of nigeria.

And that's OK. VFD can do better than Access and I will be happy for VFD shareholders but unless I see a logical reason based on public information I cannot agree that it will.

megawealth01:
Please what's the name of the stock?

Joby Aviation. Ticker symbol: JOBY

megawealth01:
As analysts were saying bitisi won't enter 59k yesterday na so I rush enter short at ×50 at 64k with correct support and SL

Na only sleep I no sleep but na money I see sha

X50 leverage!!! Jesus!!!!

I no fit do pass x5 if I do at all and i will only do it for some excitement and maybe some roasted fish this weekend. I no go do sha, I already have call options on a US stock that is bleeding. I go get my excitement from there

megawealth01:
I don open since yesterday... I'm cruising ooooo

Reason ALLOUSDT at your own risk oooooo

Make I keep my money jor

megawealth01:
Bitisi will send people to village oooo

Crypto no bi for the faint hearted ooooo

I was thinking of opening a short position. I still might sha

Streetinvestor2:
They are not going to lose any money.That stock will likely do better than Access Bank in short/medium term than Access 2028 target

I guess this is where you expect me to say no it won't and then we would enter the oh so childish back and forth about which stock is better and blah blah blah. Oh well....

KarlTom:
"Game is being played here."

I pity those who dived in at ₦11+

They deserve to lose their money

deathwing:
Did you take this 20% the from the US market or has it been officially defined for the NGX? Because just the trio of MTN, DANGCEM and BUA can reduce ASI by 20% if they are serious enough.

Its a generally accepted definition

https://www.investopedia.com/terms/b/bearmarket.asp

Definition
A bear market is a market condition where investors are more risk-averse than risk-seeking, defined by some as when prices have fallen more than 20% from previous highs.

megawealth01:
I just dey wakeup from 💤

Seems VFD MM don finally wake up from for their responsibility 😔

They should help me move this thing to 20, 30 naira then 50 naira 💕

Back in NASD, VFD ruled the game... Can they rule NGX? Time will tell...

Disclaimer... Na Monkey Hunting I dey do because I am heavily loaded in VFD ooooo

Don't buy VFD is you will come here to abuse me if it goes South

So they are a holding company. I just looked at the companies on their portfolio and there are some interesting companies there, both private and public. Question I have for you and any other person who wants to help is ; how do they value their private investments? I am asking because the company is trading at 1.4X book and I am wondering why I should buy a holding company for more than the sum of its parts.

everglaze01:
Looks like everyone has everything to say when the market is bullish.

Yep, that's how markets work.

P.S. A bear market is declared after a 20% decline from the most recent high, We are not there yet.

Stockpromoter:
The story need to change.
Abbey can't do 8.50 and VFD 10+ with all these turnarounds.

VFD is a stock to watch this June.
Abbey will give it a run

In my opinion both Abbey and VFD are expensive

megawealth01:
JAPAUL don suffer

Na Jegede cause am

Agbalowomeri:
As you don enter now make I wait for N16

Witchcraft no far from you

PETERiCHY:
In the mist of the BONANZA
We added ACCESS BANK to our WATCHLIST at circa #24...

BARGAIN HUNTERS TAKE NOTE!

You no need to post evidence na

PETERiCHY:
"SELL IN MAY & GO AWAY" BONANZA currently taking place


BARGAIN HUNTERS TAKE NOTE!!!

We (Access Bank) on the ground fear no fall

megawealth01:
UNITY Bank is expected to start trading in the coming days... Get ready for a crazy ride northward 💕😘💕

Would anybody be able to buy? Full bid galore

jckgroup1:
You didn't factor in; frontier market status, new re rating by different international organization and consequent FDI, if present administration continues after election which is likely... Then it is safe to conclude that market crash or very long term bear market is not in view.

Kindly note that there will always be market corrections and intermittent pull backs but long term bear market.

NFA

My bearish stance has nothing to do with the general market.

See if you're bullish you're bullish, some faceless Gorilla on the internet is not going to change your mind. I'm bearish on the entire sector and to me it's amazing how the bullish people are not seeing it.

E180416:
You don't mean it, please when and where was this promise made?

@nosa2:
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.

Owerri – The All Progressives Congress (APC) presidential candidate, Gen. Muhammadu Buhari, on Monday said he would ensure that the Naira was equal to the dollar in value, if voted into office.

Buhari stated this during the South-East presidential rally of the party at Dan Anyima Stadium, Owerri.


https://www.vanguardngr.com/2015/03/ill-make-naira-equal-in-value-to-dollar-says-buhari/


I found that the govt debunked it and videos of the rally have been scrubbed from the internet which is weird

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