₦airaland Forum

kalkah:
Thanks @BullBearMkt for the insightful analysis.

Please what is the TA saying about Fidson? Hold or Exit?

Thanks

BullBearMkt:
Hello everyone! I hope we are all ready for the next half of 2023.

I made a quick report on NSE market, you could explore the report that dives into the performance of the Nigerian Stock Exchange in H1 2023 and offers projections for H2 2023, mainly TA.

PLAN YOUR TRADES AND TRADE YOUR PLANS

BullBearMkt:
Hello everyone! I hope we are all ready for the next half of 2023.

I made a quick report on NSE market, you could explore the report that dives into the performance of the Nigerian Stock Exchange in H1 2023 and offers projections for H2 2023, mainly TA.

Click on this link ==> https://drive.google.com/file/d/1h2OMrTmZMH_mIYZkuNXL_82Jv8tX7BbN/view?usp=sharing

PLAN YOUR TRADES AND TRADE YOUR PLANS

Coolcash1:
Well I don’t go through all this stress because I have my strategy and I religiously follow it. So, I sift through all the stocks to identify the ones with my strategy and I go for them. Talk about quality over quantity!

Coolcash1:
You do not need any screener for NSE because the total number of stocks is not much, I think just less than 150 compared to US market with over 7,000. So, personally, I don’t use it but what I do is to go through all of them on weekends when fine tuning my trading strategy for the week ahead.

Harvestock01:
Ellahlakes is not new entity on the NGX. It was as old as the exchange itself. It only got new funds injection with new management. It requires some patience before the benefits of the new effort and funds injection will start yielding the expected results.

Naanlong01:
I have downloaded the app, as a total novice, I need step by step guide, like tutorial on where, how and what to start.

And can this be achieved with phone?

ojeysky:
Is it the same ELLAHLAKES that closed at full bid yday that is almost 4naira... How is that one penny stocks

emmanuelewumi:
She can read " Beating the street" " One up on Wall Street" by Peter Lynch



101 Investment lessons from Wall Street gurus by Michael Sincere

emmanuelewumi:
MeezPat, would love to know books she could read in order to improve on her investment and stock valuation skills.


Kindly assist her with some of the books that made you better investors and traders

essentialone:
On paper, everything seems well at Unity Bank, but a worrying note from independent auditors, KPMG, on the financial health of Unity Bank should bother investors. A note from independent auditors, KPMG, has raised questions over the financial health of Nigeria’s Unity Bank. These questions became pertinent after the lender’s total liabilities exceeded its total assets by ₦274.9 billion for the full-year ended December 31, 2022. Per its financial statements, the bank recorded total assets of ₦510 billion in full-year 2022, compared to ₦538 billion in 2021. On the part of its total liabilities, the bank recorded ₦785 billion in 2022, as against ₦815 billion recorded in 2021. Analysts from KPMG wrote a note regarding this situation in its books, highlighted it as a “growing concern.”

kolaish:
https://www.nairaland.com/7742091/naira-devaluation-nigerian-banks-heading

Afromentalist:
Hello, thanks for your answer. I actually was not in for a dick contest , hence I appreciate your answer.

Since the Jim Simons topic has already been raised in this place a few times (and I always remained silent) let me use the opportunity to address it.

Afromentalist:
No naira 25 Millions. I actually own about 80k in Euros but Some of it I dont count, because I invest on behalf of my wife.

This is excluding Real estate and Private ventures.

emmanuelewumi:
Naira equivalent, i guess

emmanuelewumi:
There must be regular top up to the portfolio, through dollar cost averaging. It works like magic, i have known him for over 10 years on Nairaland


I actually opened my first Stockbroking account with N5000 ( Five Thousand Naira) at Amyn Investment 18th floor Stock Exchange building Lagos.


Prior to opening a stockbroking account, i had bought shares through the primary market

Afromentalist:
I hate technical analysis with passion. To me it looks like well packaged Bullsheet. I am very certain some exceptionally talented people do make serious money with it, but I tend to believe the average Joe shall only lose money especially in the Long run (just like gambling).

I know traders here will disagree and I beg to be corrected but pure technical analysis looks to me nothing more than gambling with complex theories.

I might be wrong though.

Agbalowomeri:
This requires too much time and energy for me. And comparing the performance with simpler strategies, one would wonder if it's worth it

Agbalowomeri:
This requires too much time and energy for me. And comparing the performance with simpler strategies, one would wonder if it's worth it

Streetinvestor2:
You are very correct. I did my findings on chams and discovered the service they sell is something that is profitable and demanding in the future. I adviced my wife to go for it since she was interested in kobo stock.That is the only kobo stock that has caught my attention, lol.She could not get 10m of it at her targeted price till it went above 30k.She is now interested in buying stock since I have been preaching about it for many yrs because I told her my div for last Yr and what it has grown to this yr

You will do very great with your maths background and dedications to find out. We have strong thing in common but won't say it...osita ta dimma

emmanuelewumi:
Identifying such stocks on a consistent basis is the koko.

An investor with a N50 million and above portfolio won't do that. If not his portfolio will evaporate. I will recommend having 2 Stockbroking accounts for such people. Maybe having about N5 million to N10 million in a different account for speculation and trading

emmanuelewumi:
We have people here who been investing and trading for almost 20 years, who have committed more funds to the market who don't have that portfolio size, due to trading and investment mistakes, following Monkey Hunters, hot stocks, investing without knowledge and information, following their Stockbrokers recommendations not knowing that they are only making money for the Monkey Hunting Stockbrokers

emmanuelewumi:
Do you know that an investor who does not like risk who invested 200k per annum in a fund growing at 10% for the past 15 years would have compounded his investments to N7 million. 10% is a highly conservative return ooo.


Yet we have stock market investors who invested more than that for the past 15 years who don't have a portfolio of N6 million.

Now imagine if the fixed income investor increased his or her annual investments as his income increased over the last 15 years. Or invested N1 million per annum in the last 15 years

Consistentcy and investing in what one understands is very important.

Reason why some average investors have built a nine digit portfolio over their working life ie 25 years to 30 years. They know the importance of compounding and diversification in Investment portfolio growth

MeezPat:
Is investing.com free for TA

MeezPat:
Pls can you assist me with materials and tools for technical and sentimental analysis...