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Agriculture › Re: Thread For My Ginger Harvest.. Now Selling. by OptimistGenius: 12:15pm On Dec 09, 2016

swagifted:
errmmm... How do you intend to blend it into your diet...person's idea with the highest likes cops it ( a bowl of fresh ginger).. Had to take off the dry ones(limited availability).

Trying to send you a pm bro

Agriculture › Re: Thread For My Ginger Harvest.. Now Selling. by OptimistGenius: 8:17am On Dec 08, 2016

swagifted:
Splitting and preparing for drying. Spice up your meals this xmas... Am thinking of giving out some ginger freebie.. (fresh and dried). ABUJA RESIDENTS ONLY... Holla.

Yes Please! grin

How do we participate?

Agriculture › Re: Thread For My Ginger Harvest.. Now Selling. by OptimistGenius: 8:16am On Nov 21, 2016

swagifted:
there are many conditions that determines that, the condition of the soil,... The condition of the manure used for land preparation, the type of fertlizer used and the rational used in applying it... And last but not the least, the time left underground, some people live dia ginger unharvested for up to two years... If you ask me why, i swear i don't even know.. Expect one bag to produce 4 bags and above...

Bro its good to see all you accomplished in just a few months.
What type of fertiliser did you use. And how much of it did you utilise please?

Agriculture › Re: Ginger Slicing Machine by OptimistGenius: 1:41pm On Nov 14, 2016

Hello,

I sent you an email on this already.

I'm interested in knowing the price of your ginger processing machine.

I'd also like to know your location.

Regards

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 4:37pm On Oct 05, 2016

cadno:
Bros, Am cheking Brent Crude oo .....Now at $52.04.
Light Crude is $49.86

Wetin u de check

Na me de help PMB de check things

Bro please where can one find up-to-date crude prices?

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 10:04am On Sep 30, 2016

tunapa4dem:
Hi everybody in house,pls i want to know maybe i can use technical or fundamental analysis in NSE.

In my experience technical analysis doesn't always work out as expected. Fundamental Analysis is best for long termers

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 10:08am On Sep 15, 2016

Mfunkynation:
Thanks!is it possible to cash dividend warrant in $into naira saving accts?

I don't know if it's possible. You may need to contact your bank.

But if it is then you will have to forget about any exchange rate even close to 400 per $. That is blackmarket rate.

Your bank will do the conversion for you at official price which is currently around 325. They'll want to give some room for their own profit on the matter so the rate they'll offer you will likely be lower than 325.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 12:23pm On Sep 02, 2016

fxuser:
cant call it a reversal but looking like a on-going bottoming activity
-UBN
-Cadbury
-transcorp
-Diamond
-fbn
-Guinness
-Even UAC-prop (sort off)

**looking like oh ** not a buy recommendation

#justObserving

Bro, any thoughts on UBA's movements?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 2:36pm On Aug 22, 2016

What is happening with Transcorp?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 8:38pm On Aug 19, 2016

angelo82:
From Access result,the intrinsic value of the stock is 8.99 which perfectly makes sense.

Bros the small problem is NSE doesn't really care about intrinsic value. If it did Access, UBA, Transcorp, etc will be much higher than their current prices. I remember when I started. I finished reading countless write ups of Warren Buffet and his value investing mantra and put most of my money in stocks that were selling at far below their intrinsic value thinking I was going to "make money this year".

Most of those stocks have lost over 50% of their value. I thank God I was able to average down on some and with others I just cut my losses and moved on to fight another day. A lot of stocks I thought I was buying madly cheap in 2014 are half their price today and even considered expensive at that half-price level.

Today you find some worthless stocks selling high and some valuable stocks selling low. And if you're unlucky you get burnt very easily. Everything is just madness.

Morale of the story is: Investopedia fit teach u stock, but nobody fit teach u NSE. If you're investing, make sure you're ready to stand by your decisions even on the long term.

11 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 4:28pm On Aug 17, 2016

debeey87:
Now I understand why some folks tagged you a monkey hunter. Few weeks back, you were here shouting that Total will not sustain its uptrend in the short to medium term. Today, you're claiming Total is game. Nna, be careful what you post and be a man of integrity you hear.

I don't think he did anything wrong this time. He said "Total is a game" not "Total is game"

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 12:05pm On Aug 14, 2016

Dangote Flour back to profitability - http://punchng.com/dangote-flour-returns-profitability-reacquisition/

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 8:07pm On Aug 13, 2016

triSSS:
Hello I would luv to buy shares but ave got little or no idea on how to go about it. If u dnt mind maybe u email me plz asp or btr still drop ur no plz

What you need is a stockbroker

I'm not sure if its up to date but here's a list of licensed stockbrokers in the country. http://nairametrics.com/list-stockbrokers-nigeria/

You could just try to find one closest to you. When you get there they'll give you all the basic info you'll need

Personally, I use Investment one. Some others prefer morgan capital for their cheaper commissions. Its up to you which one you want to go with

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 9:45pm On Aug 12, 2016

Nairametrics seems to be back http://nairametrics.com/

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 9:50pm On Aug 11, 2016

ukay2:
What of Sirs....Angeloe, manie, Coolcash, chibuiking, Exladay, manonamission, feelamong, Rebekah, mercylicious...

Their posts/advise are really appreciated...including the once you mentioned.

pls let there be award for the most EDUCATIVE/INSIGHTFUL POST moniker in this forum every year...maybe starting from 1st week of December the voting will start and the result will be announce on 15th of December every year....

I think this will help this forum a lot for BNSITL to post useful info that will help us in this volatile NSE market.....

Who will support this my motion ??

I support!!!!

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 10:35am On Aug 09, 2016

Does anyone have any news on transcorp??
I am faithfully holding but recent performance is burning my chest embarassed

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 4:57pm On Aug 01, 2016

OBAGADAFFI:
ETERNA and UNITY result is very bad.

Deep in Profit is too much.

Eterna did 0.75 EPS this Quarter compared to 0.46 EPS in the same quarter last year. Isn't that an indication that it has in fact done better?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 11:16am On Jul 25, 2016

Skyebank going down. I'm not sure if its temporary profit taking or something. I'm scared cus I went in at 0.85. Any takes??

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 6:58pm On Jul 20, 2016

phetty:
What's the resistance level of UBA?

I think currently 4.78

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 3:09pm On Jul 20, 2016

4dchairman:
http://www.nse.com.ng/Financial_NewsDocs/14293_TRANSCORP_PLC_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

This is Transcorp Hotels result. Not Transcorp plc

Agriculture › Re: No more maize by OptimistGenius: 10:58pm On Jul 18, 2016

Aky247venture:
Maize is 6,800 per 100kg and transporting it to ur location is 850 per 1,that is for 1 ton is 76,500

Please what is your current price of dried maize per ton?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 3:43pm On Jul 11, 2016

Hello guys, I'm a newbie here and learning fast! Please does anyone in the house know what's going on with transcorp? I've done my DD, it doesn't look like it's doing as well as last year (fundamentally) but it's not like the company is dying or anything. As far as I can observe the so-called fall in book value is minimal. Yet it's been losing back to back for the past 10 days straight! Am I missing something?? Its really making me doubt myself.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OptimistGenius: 7:05pm On Jul 10, 2016

bro do you care to share which ones you think are underperformers?

Intendy:
bro DUNKA,all the aforementioned stocks are good except for one or two and you omitted to put #20000 in from of dangote sugar.

reclassifying the stocks by sector

oil and gas =25% app.

food,beverage and consumer goods =39.9%

financial =27.1% app

building material/construction =8%

its a good mixture like I earlier said but your age and risk appetite determines a lot.

You'll have to drop some under performer which will likely drag back the portfolio.
but some stocks in some sectors are OK.
just my two cents for now

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