justebuka:

Can i get your number please?

justebuka:

Thanks
Am thinking about runing my masters and beciming a lecturer
The way people are castigating the course self dey make me think say i make wrong choice

OakPearl:


Red letter days.
Market corrections all constitute the overall make up of the market.

rentAcock:


I want to be rich. I cannot become rich making between 10% -50% gains like I see being posted here. I don't mean no disrespect. Had it been I bought N5 million worth of tesla shares just last year, I would've made generational wealth. I want to go down in history as the richest person in my family's lineage.

rentAcock:
I plan to sell my father's land, liquidate my savings account, take out a loan against my father's house and use my tuition money to buy tesla. I have done my research and I strongly believe tesla will go back to $2500 by Chrismas time. If I can raise N5 million and invest it all in tesla, I should have N25 million by Christmas. I'm about to become the richest person in my family and its all thanks to you people here.

lafuria1:


Yes I am,

The exchange is getting lower ie naira is getting stronger in parallel market against the dollar.

Bamboo is a reflection of what is happening in the parallel market


CBN announced that they will resume selling dollars to BDCs for them to sell at 386 naira to a dollar. So guys that bought dollars in other to resell for gains are currently rushing to sell off while demand is very low since it will soon be available at 386.

So if anyone plans to deposit more money, they should wait till end of the week to see how things go.

yom2:
Any hope for Kodak again? Which hunting has ruined its prospects

InaNla:
Dear Profs...

Is NVAX to be sold? I am down 18% ooo

nna777:


I am also at a 7% loss

There is nothing wrong with the stock fundamentally. Technically, it has been ranging btw 110 and 150 for sometime now. So profit taking is expected combined with panic sellers, day traders etc.

Am holding long term though. So am observing till Friday, if it dips below 100 will buy and average down.

18% That means you bought btw 130 and 140??

Incandescent:
Spent thousands of dollars for financial exams

YerYer:


What are you buying or paying a close attention to?

InaNla:
God will not shame us.

@OvaSabi1
@YerYer
@OakPearl
@Skymoore1004
@All

You guys cannot afford to go to sleep and abandon the ship oooo.

It may interest you all to know that I have paid services of Motleyfool, Marketbeat, & Zacks but since I started reading commentaries and recommendations of the bosses/active players here, I am over 58.89% better off.

Your daily / weekly / or spontaneous post on stocks direction are well appreciated. I am always glue to the thread.

Kindly do not be silent.

Wishing us all the best...

OakPearl:


The thing with dividend yield is that it is not constant as it is derived from the share price per time.
A 10% dividend yield stock in March that has recovered from the negative effect of the pandemic will no longer be 10% in today's price.

I once hunted a REIT stock with a dividend yield as high as 14% around March/April because the price was beat down badly.
With the price recovery that most stocks have enjoyed after March, the dividend yield is much lower.

As you may know, the dividend yield of a stock is calculated by dividing the most recent dividend per share by the share price, multiplied by 100.

If you can share what stock you saw at 10% yield, we can confirm what the present yield is.

One key criteria for picking the "dividend kings" I mentioned about sharing in my earlier post is that the company must meet some common criteria.
This includes having dividend yields greater than 3%, payout ratios of less than 75% (or less than 100% for REITs), three-year average dividend growth of at least 5% and a minimum market cap of $1 billion.

OakPearl:
The quietness in the room today is understandably a correlation of the seemingly flat market sentiment so far.

But we are here and exist not only when there is excitement of upward price movement, but to continue to develop and equip ourselves in order to take full advantage of what the market offers.

So a few updates and insights for dividend hunters today.
QUARTERLY DIVIDEND UPDATE
First off, $FDX declared a quarterly dividend of $0.65/share payable October 1st 2020.
This was on the back of a very good earnings which led the market to price it up to a new 52-week high This week.
At a share price of over $200/share, that drastically reduces the dividend yield to a mere 1.29%.

A reasonably priced stock which is a consistent dividend player available today before the Monday ex dividend date is $PSX at just over $63/share declared a quarterly dividend of $0.90/share at a reasonable 5.62% dividend yield. Their payment date is September 1st 2020.

There are "dividend kings" that pay as high as 8% yield even at current market prices.
I hope I find the time to share some with us.
#ThinkOnTheseThings

ernie4life:


Can get you a firm that will accept 1m

ernie4life:


Yeah but....

4Play:


As YerYer pointed out, in this up trending market, most people should be able to make money. There are a couple of problems - one specific to traders here and a more general issue.

Many here seem to trade the extremely volatile stocks promoted by the Naija fintech apps. I suspect those trading these stocks experience more frequent losses than would be the case if you're trading higher quality, but less volatile, stocks.

The second more general, and most important, problem is the long run return on stock investments by retail investors is poor relative to the broad index (e.g S&P 500) returns. This is why I have suggested indexes! In an up trending market, most of us are "gurus". But since we're all, I presume, relatively young and hope to successfully invest for decades, we need to invest (form good investment habits) in a way that will allow us thrive over 10/20/30 years. This is where I fear these overly rose-tinted posts about short-term wins can damage investors' ability to last the distance. People will increasingly be lured into putting their savings into this 5g or EV stock or the other high-tech name and find themselves trapped without warning. It may take months or years but it will eventually happen when we least expect it.

Nigsrdumb:



This was tested and proven wrong.

InaNla:



Haaaa, is full disclosure not necessary?

If people come here and see gain, gain, gains & 'gains' they will think all trading is indeed about gains and no loss.

loss dey oooo

Skymoore1004:
How una dey find all this stocks o .

akinssan:
$INO Inovio Pharmaceuticals 10-Q Shows Q2 EPS $(0.83) Misses $(0.17) Estimate, Sales $267.19K Miss $2.61M Estimate
@Justcul, hope the Fundamentals are good to run with.

omorkelly:
Pls.can i chat with yiu privately on WhatsApp?

Skymoore1004:
$DDOG
$FSLY
$AYX the worst.

DAMN

Bought more $FSLY though
Holding $DDOG long.
Thinking of buying $AYX but still observing

InaNla:


It seems bot deleted @OakPearl post...

InaNla:
Why is the message being hidden now?

Madisonsqua:


Can u please explain a little bit more on the bolded part......

Olalekank:

Hi Ovasabi1.
Two hands up for you


What’s your opinion on short term investors?
What’s your preference, short or long term?

For new investors, you mentioned that it is not a good time to invest in stocks as a result of prices on a high. What do you suggest we do?

Thanks thanks

OvaSabi1:


The best way I can explain it is just imagine your favourite food and what can make you reject this food. Either you are full from eating previously or you're sick.
No matter how much you pump some stocks with good news and other fundamentals, they cannot go above a certain level. Again the company may be "sick" because it is still loss making. Also, it seems it hasn't been assigned a Beta value yet. This is another sign of weak "immunity" for stocks. Again it is a young company. Many times when earnings call day is approaching, the stock price is overvalued due to anticipation. In this case, you can say that the stock is full from eating previously.

Skymoore1004:
As in I was wondering why it’s -$14 post market. This market is really funny lol.
Can never predict accurately

lafuria1:
Datadog earning report was good nothing negative, all indices beat analyst estimation, the value is done minus 15%, .

If you own datadog, a set back but no issues, fundamentals is good

I'm waiting for analyst to explain what happened. To me it's simply a sell off.