Zagee:
Where's Peter, I will never forgive that guy with neimeth

yMcy56:

During COVID, ZENITH went as low as 10.70, I bought around 10.75 with my breakeven as 11.
GT went as low as 16.70 or so......

Remember many bought higher before COVID occurred, it became an avenue for some with good cashflow to average down. Some took loans, some without fund did siddon look, etc.

Can't forget the efforts of @RabbiDoracle urging people to buy ZEE @ below 11 that time........with some convincing facts and all that.
How many remembered to come back and thank him? .....but to throw shades dey quick them.

yMcy56:

During COVID, ZENITH went as low as 10.70, I bought around 10.75 with my breakeven as 11.
GT went as low as 16.70 or so......

Remember many bought higher before COVID occurred, it became an avenue for some with good cashflow to average down. Some took loans, some without fund did siddon look, etc.

Can't forget the efforts of @RabbiDoracle urging people to buy ZEE @ below 11 that time........with some convincing facts and all that.
How many remembered to come back and thank him? .....but to throw shades dey quick them.

Frangel:
The NGX is basically a market for trades on existing securities (in this instance equities). The price movements directly affect sellers/buyers of the equities, not the company (except for perception and valuation).

Companies largely raise capital via equity through public offers or private placements, handled by their issuing house(s), brokers(s) and other parties, after approvals from SEC at a fixed price. The capital raise could be promoted on the NGX if the company is already listed.

Streetinvestor2:
My target for 2023 is how to grow my dividend from 7 figures to 8 figures.And if capital application happens the better. I will be seeking advice on stocks to hold and those to sell after election which I strongly believe will bring positive impact to the market.
I really need to rebalanced my portfolio to achieve that as I have too many companies on my portfolio.last count was above 30,lol

Zagee:

Last time I checked, the market is being run by locals as most of our foreign guys exited long time ago. Reason why NSE is trying to float a program to attract young investors in Nigeria.
As for the bear, they will always come and go(this we don't know when)

yMcy56:
@streetinvestor2
Bros, you do have right to state your own opinion and perspective too.
You also did well to warn and caution us about market events. Not disputing this at all.......and I Blvd it was assisting some people in a way or two too.

Just know that we can't force things on anyone.....just like those giving predictions based on TA can't force anything on anyone.
You all are giving guides which are highly appreciated by someone like me sha.

However, what I do call you out for is about throwing shades at those with contrary opinion to yours.......as well as rubbishing Technical Analysis (TA), which is one of the strong tools used in investing.

OBAGADAFFI:
Lafarge Dividend Yield is better than Bua Cement

comatekeke:
If a company plan to raise capital(on NGX) via equity issuance,will the share price go up, down, or remain stagnant?

Streetinvestor2:
Eku market. The bull is here.It is all over the market. Pls don't forget to ask them what they are buying this time.I forget some have bullion van of cash,lol
The greatest sin,is when one lies to him/herself

yMcy56:
UACN
Closed @9.20.......Up with +65k....
Maybe some pple don see report...

Lion123:


Foreign investors are not coming in anytime soon because they hate Tinubu's guts. Let me use this medium to say God punish Mahmood Yakubu. Thunder fire his left nyansh.

essentialone:
I dont understand this First Bank at all, just going up and down like someone that wants to rig election.

GANDALF1:


Dividend yield is not a true reflection of return capability.

A stock like Nigerian Breweries is showing a DY of 2.5% but when such moves, the capital gains is almost 50% some times while the high DY stocks would return like 10-20 of capital gains.

yMcy56:
@streetinvestor2
Bros, you do have right to state your own opinion and perspective too.
You also did well to warn and caution us about market events. Not disputing this at all.......and I Blvd it was assisting some people in a way or two too.


Pls I am not against TA or rubbishing it.I only said it is based on assumptions which may come to reality if you can convince large crowd to believe in it and key into it.I had to even call out oga oracle the other time when he changed his TA projection for this year against his stand some months ago..All my projection is based on FA and the macroeconomy. The macroeconomic facts are seen,felt and lived with it by the investing public on the street. Now when a country is all about corruption in everything.Do you think those indicators will now perform magic and create growth.How do you then intend to attract real foreign investors no dubious ones


Look at how the bank ceo are trying to stay longer than necessary in position through holdco .The cashless thing just showed that the banks ICT infrastructures are too weak even with all the billion they make..And no one is holding them responsible or asking questions

yMcy56:
UACN
Closed @9.20.......Up with +65k....
Maybe some pple don see report...

rebekah2011:
Which result are you waiting for? Unaudited Q4 of the company was a loss of N4.84b.

Ginalex:
When you pointed out this stock at 8.50, I quickly bought some. Thank you 🫂🫂

yMcy56:

Wrong or right, at least the post don drag you out. E Ku 3 days.

OK. Don't know how I skipped the result but I've checked now.
The loss has been factored into the price, reason it was battered down to 8.35/8.50 I Blvd.

Since last week Friday especially, the activities in the stock has increased with some rushing today @N9.20 towards market close.
Let's keep watching what the renewed interest is all about.......maybe dividend is to be declared who knows.....
Though me I'm more about price appreciation and bargain junctions..... and do look out for this even in battered stocks....

RabbiDoracle:
The result was terrible. I least expected that based on how many companies made money out of inflationary pressures.

Based on this result, it needs to test March 2020 low of 3.8 or possibly lower. Wait at this point.

yMcy56:

Thanks Oga Rabbi.
Thinking of going thru the report to know what went wrong along the line, not expecting them to make loss at all, especially with their line of biz.

But that March 2020 low!! That one no go dey difficult?

Agbalowomeri:

Cowboys will always be cowboys
The CEO was trained by Wale Tinubu

Streetinvestor2:


Pls I am not against TA or rubbishing it.I only said it is based on assumptions which may come to reality if you can convince large crowd to believe in it and key into it.I had to even call out oga oracle the other time when he changed his TA projection for this year against his stand some months ago..All my projection is based on FA and the macroeconomy. The macroeconomic facts are seen,felt and lived with it by the investing public on the street. Now when a country is all about corruption in everything.Do you think those indicators will now perform magic and create growth.How do you then intend to attract real foreign investors no dubious ones


Look at how the bank ceo are trying to stay longer than necessary in position through holdco .The cashless thing just showed that the banks ICT infrastructures are too weak even with all the billion they make..And no one is holding them responsible or asking questions

yMcy56:

Thanks Oga Rabbi.
Thinking of going thru the report to know what went wrong along the line, not expecting them to make loss at all, especially with their line of biz.

But that March 2020 low!! That one no go dey difficult?

yMcy56:

My sis, enjoy your profit jorr......and also keep eye on the price mvmt.