onegentleguy:


He probably thinks he's been CAUTIOUS but unknown to him, he is been UNDULY PESSIMISTIC.
He needs to have a BALANCED VIEW of things.

Some stocks will rise and some will fall.
The KEY is to "continually work to be on the right side of the divide".
The mkt will time again experience varying degrees of pullback, but folks should not expect a major bear in the near term.

Selah

In line with some of your thoughts.

I think the pre elections sag (sell-off) may not play out this year for a couple of reasons.

*Oil prices may remain high. NSE does well with high oil prices.
*Many stocks are currently under priced with excellent PE's, dividend yields and growth prospects. Hence many value investors will hold on to their stocks and likely continue to buy more as dividend yields are as good or better than money markets on a short to medium to long term basis in varying degrees.
*A lot of FPI'S have already exited and CBN cleared a lot of their outstanding repatriation last year. Hence the gas for crazy sell downs is reduced.
*The new capital gains tax on equities on gains above N100m leaving the NSE may dampen appetite of FPI'S for jijo. This may reduce volatility of prices on the NSE.
*Current CBN monetary policy aims to curtail inflation and ballooning of cost of government borrowing via development economics approach and will most likely not increase interest rates this year.
*Many International stocks (US) currently overpriced and may likely withness negative returns this year.

We may not have a major sell off this year if the following points continue to stand. But there will be room to increase returns above inflation through careful stock picks this year.

MTN at a glance

GANDALF1:


Thats a good strategy you have there. and you are correct about me not buying anything at the moment. Instead I exited my UBA position today and I am now 100% in cash.

NSE has exceeded its known resistance and is beginning to show weakness in volumes. Dont forget that it is local liquidity that is driving the markets now. So I need people like you to buy and hold.

Once the fuel dries, the prices will drop back and I will buy low while you will be trapped and might stay trapped because it might take you one year to bail.

Exited some FBNH positions at N12 and bought more UBA at N8.20 to 8.30 betting on EPS above N3 in 2020 and beyond with a dividend total of N1.0 yearly from UBA. Plus the book value of UBA continuing to grow above N21. But with the change of UBA board meeting from last week Tuesday to mid February perhaps UBA 2020 results is bad.

BabsO2:


Exited some FBNH positions at N12 and bought more UBA at N8.20 to 8.30 betting on EPS above N3 in 2020 and beyond with a dividend total of N1.0 yearly from UBA. Plus the book value of UBA continuing to grow above N21. But with the change of UBA board meeting from last week Tuesday to mid February perhaps UBA 2020 results is bad.

I bought this UBA I sold today in Jan 2021. Same sentiments.

In the end, profit was great but what happened? Elumelu did his magic and the price dropped to N6.80 from above N8 in one day, less than 1 month after I bought. Took 1 full year to get the break even price/quantity to dispose them today.

Anyway, plan your trade, Trade your plan

PS: I will never touch any Elumelu's company again in a bull market

GANDALF1:


I bought this UBA I sold today in Jan 2021. Same sentiments.

In the end, profit was great but what happened? Elumelu did his magic and the price dropped to N6.80 from above N8 in one day, less than 1 month after I bought. Took 1 full year to get the break even price/quantity to dispose them today.

Anyway, plan your trade, Trade your plan

PS: I will never touch any Elumelu's company again in a bull market

But the way he champions entrepreneurship in Africa makes him look responsible. Perhaps he takes too much risk like a cowboy. I have UBA and Transcorp managed by him

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/6577#109676757

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/6577#109677602

BabsO2:


In line with some of your thoughts.

I think the pre elections sag (sell-off) may not play out this year for a couple of reasons.

*Oil prices may remain high. NSE does well with high oil prices.
*Many stocks are currently under priced with excellent PE's, dividend yields and growth prospects. Hence many value investors will hold on to their stocks and likely continue to buy more as dividend yields are as good or better than money markets on a short to medium to long term basis in varying degrees.
*A lot of FPI'S have already exited and CBN cleared a lot of their outstanding repatriation last year. Hence the gas for crazy sell downs is reduced.
*The new capital gains tax on equities on gains above N100m leaving the NSE may dampen appetite of FPI'S for jijo. This may reduce volatility of prices on the NSE.
*Current CBN monetary policy aims to curtail inflation and ballooning of cost of government borrowing via development economics approach and will most likely not increase interest rates this year.
*Many International stocks (US) currently overpriced and may likely withness negative returns this year.

We may not have a major sell off this year if the following points continue to stand. But there will be room to increase returns above inflation through careful stock picks this year.

You've got brains bro!
...also summarized in my previous post. (refer to the links above)

Regards

GANDALF1:


I bought this UBA I sold today in Jan 2021. Same sentiments.

In the end, profit was great but what happened? Elumelu did his magic and the price dropped to N6.80 from above N8 in one day, less than 1 month after I bought. Took 1 full year to get the break even price/quantity to dispose them today.

Anyway, plan your trade, Trade your plan

PS: I will never touch any Elumelu's company again in a bull market

You bought UBA when you should've sold.
Am guessing it was the period we analyzed and advised folks to swap (more of) their holding in UBA for ACCESS (portfolio weighting in view)

Now you are selling or have sold off your UBA when you should've bought or HOLD.

The problem is not Mr Tony E. bro. ...the only problem I see, lies on the need for you to REJIG your investment tool and REFINE your strategy.

Again, it could also be that you may have been taken aback by emotional investing. (in this instance)
To help, i'll suggest you always have a WELL DEFINED TRADE SET-UP before playing any asset.

Pls don't take it personal. ...just dishing out a honest advice.

Regards

onegentleguy:


You bought UBA when you should've sold.
Am guessing it was the period we analyzed and advised folks to swap (more of) their holding in UBA for ACCESS (portfolio weighting in view)

Now you are selling or have sold off your UBA when you should've bought or HOLD.

The problem is not Mr Tony E. bro. ...the only problem I see, lies on the need for you to REJIG your investment tool and REFINE your strategy.

Again, it could also be that you may have been taken aback by emotional investing. (in this instance)
To help, i'll suggest you always have a WELL DEFINED TRADE SET-UP before playing any asset.

Pls don't take it personal. ...just dishing out a honest advice.

Regards

Bro, I know you more than yourself so rest.

Where is your caverton helicopters and kpa kpa kpa

Where are all those monkeys you were marketing in 2018/2019?

Don't come and be forming analyst when you dont know sh_t

In the end, the market will do what it wants.

onegentleguy:
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/6577#109676757

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/6577#109677602



You've got brains bro!
...also summarized in my previous post. (refer to the links above)

Regards

This was how you were making mouth and forming fake_ analyst until all your recommendations flopped and you ran away for ages.

Mr, Just face your trade and leave my posts for those it is meant for.

GANDALF1:


In the end, the market will do what it wants.

GANDALF1:


Mr, Just face your trade and leave my posts for those it is meant for.

Sorry I had to edit your post.
Unfortunately, you couldn't...
But I now know who you are and should I say that am not surprised!

I really do not know why some folks will sometimes engage in transfer of aggression, but just know that I am not Sir Tony E. (wish I was) neither am I related to him in anyway.

I'll prefer to assume you could only make out those 2 sentences under normal circumstance, so I'd go with those.
But I'll also oblige you on the last.

This is 2022. ...NO time for engagements of this sought!
We are focused on ways to better our financial wellbeing and NOT trivial matters like this.

Be happy and have peace of mind my dear.
...look ahead!
Do take care of you.

[quote author=onegentleguy post=109851240]


Sorry I had to edit your post.
Unfortunately, you couldn't...
But I now know who you are and should I say that am not surprised!

Thank you for d way you handled this. On the sideline we enjoy d selfless work you are doing. Keep it coming!

onegentleguy:



Sorry I had to edit your post.
Unfortunately, you couldn't...
But I now know who you are and should I say that am not surprised!

I really do not know why some folks will sometimes engage in transfer of aggression, but just know that I am not Sir Tony E. (wish I was) neither am I related to him in anyway.

I'll prefer to assume you could only make out those 2 sentences under normal circumstance, so I'd go with those.
But I'll also oblige you on the last.

This is 2022. ...NO time for engagements of this sought!
We are focused on ways to better our financial wellbeing and NOT trivial matters like this.

Be happy and have peace of mind my dear. To
...look ahead!
Do take care of you.

You earned my respect. Good Morning.

currentprice:
@ Macy update your Q4 report post

gsk, carverton, updc reit, conoil & co. are out

Aunty Mcy please update Q4 result.have your Chams published Q4 result.

GANDALF1:


This was how you were making mouth and forming fake_ analyst until all your recommendations flopped and you ran away for ages.

Mr, Just face your trade and leave my posts for those it is meant for.

@ GANDALF1; This remark is too tough and one I don't expect from your person. We don't need this on this platform. Nobody is paid to dish out stock recommendation and analysis here. And so, I always give kudos to those that are doing that free of charge, moreso, when they are doing this after doing their research. Please note that stock recommendation is based on the view of the analyst, hence, nobody is forced to buy based on recommendation.

@onegentleyguy and others here are not saints. Even, reputable firms do fail one way or the other in their stock recommendation. The most important for me however, is when your recommendation is spot-on 6 or 7/10. Please, let us encourage one another, engage each other in positive criticisms and not drag each other down like crabs. Thanks and have a nice day.

kolaish:
@ GANDALF1; This remark is too tough and one I don't expect from your person. We don't need this on this platform. Nobody is paid to dish out stock recommendation and analysis here. And so, I always give kudos for those that are doing that free of charge, moreso, when they are doing this after doing their research. Please note that stock recommendation is based on the view of the analyst, hence, nobody is forced to buy based on recommendation.

@onegentleyguy and others here are not saints. Even, reputable firms do fail one way or the other in their stock recommendation. The most important for me however, is when your recommendation is spot-on 6 or 7/10. Please, let us encourage one another, engage each other in positive criticisms and not drag each other down like crabs. Thanks and have a nice day.

That Bros called @onegentleyguy recommendation always or mostly hits; I remember when he was recommending a buy/hold for ETI...mi kept loading at 4+ then waited for the magic move for months...gave up and sold at 5+....the rest is history today.
Ultimately may we have the required patience and capital inflow sources to sustain our patience in this market.
Have a good new month!

GANDALF1:


Bro, I know you more than yourself so rest.

Where is your caverton helicopters and kpa kpa kpa

Where are all those monkeys you were marketing in 2018/2019?

Don't come and be forming analyst when you dont know sh_t

In the end, the market will do what it wants.

Oga go and rest, there is nothing way Musa no go see for gate. Can you imagine yourself.

someone dropped analysis of some stock he found value in them and also advised you to Apply DD.

Probably you see the same value and jumped in,maybe the stock did not move within your timeframe.

Then you will declare the person enemy.my brother it is very bad of you.

For your information caverton is still a buy till tomorrow.

You are discouraging people that are dropping some great input for us and I don't like it.

GANDALF1:


Bro, I know you more than yourself so rest.

Where is your caverton helicopters and kpa kpa kpa

Where are all those monkeys you were marketing in 2018/2019?

Don't come and be forming analyst when you dont know sh_t

In the end, the market will do what it wants.

Good morning, you don't have any right to talk to our oga like that. OGG, current price, Mercy and co have been blessing to us here, some of us have benefited alot from their selfless services here. Please be guided and focus on your lane. Do not discourage our oga here. Thank you OGG for your response to him, you make my day.

GANDALF1:


This was how you were making mouth and forming fake_ analyst until all your recommendations flopped and you ran away for ages.

Mr, Just face your trade and leave my posts for those it is meant for.

Bleep off

Happy New Month .... House

May it be a great month for everyone!

Phlinx:
Can anyone see the premarket Bids and Offers??

I just joined Morgan Capital but I can't see anything

click on each stock and choose price to see their pre- market

Slimdove:


Oga go and rest, there is nothing way Musa no go see for gate. Can you imagine yourself.

someone dropped analysis of some stock he found value in them and also advised you to Apply DD.

Probably you see the same value and jumped in,maybe the stock did not move within your timeframe.

Then you will declare the person enemy.my brother it is very bad of you.

For your information caverton is still a buy till tomorrow.

You are discouraging people that are dropping some great input for us and I don't like it.

Caverton, Lasaco and one other stock I am yet to remember is going to create value for shareholders.Their top line is still in order.Those who are interested in these mentioned stocks should hold on and allow the market to deal with them on share price first.Just load cash and get ready.

@OGG, Thanks for your response to the fellow. please keep doing your good job...

Phlinx:

You mean you can see it?
''by price''? I have clicked but nothing comes up
everywhere is blank

yes.. you can only do it between 9.30 am - 9.50am

Phlinx:

are you using Morgan Capital?

Yes

locodemy:


Caverton, Lasaco and one other stock I am yet to remember is going to create value for shareholders.Their top line is still in order.Those who are interested in these mentioned stocks should hold on and allow the market to deal with them on share price first.Just load cash and get ready.

you mean 9ja Police Vault

Based on lattest result,I will buy fidson at #10,but I no fit buy GSK for even #4.

Though it may not deliver a similar ROI margin, CHAMS can well be the next COURTVILLE.
I look at the coys last 3 FP, and I see VALUE.
Reward is well ahead of the combination of risk and current mkt price (even @ >>10% premium to it)

...already highlighted this before now.
There are quite some positive to make out from the coys financial print.

CAVEAT: Due diligence still applies as always.

Selah