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Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 9:41pm On Jun 17, 2023 |
Mankindman:You spoke well. I used to make big money from wema, jaiz and unitybnk during bull run 5 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 9:44pm On Jun 17, 2023 |
Mankindman:hmmm, this epistle. @Mankindman, did you attended the same university with @OGG Just playing Good write-up sha 12 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:42pm On Jun 17, 2023 |
YoungBuffet:You are too much and correct. It will go back to #5. As long as the right thing is being done by this government. And if possible by another government after the court case. The market is going north. Thr will be no generational low unless the world or naija goes into war. Nevertheless, we are all entitled to our opinion. The opinion should be devoid of scam or personal target. I am going back to market because I seeing green flag from this government. They are reducing the corruption they have been sharing. Two major are gone, fuel subsidy and forex policy 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 10:51pm On Jun 17, 2023 |
Greetings, I saw some people commenting on the new investment One App. I noticed it last week too. However, I am stuck at funding the wallet (either for stockbrokering or fixed deposit). Aside using card (I usually don't use ATM to fund account) and GTB token, how do I fund my wallet? Like is there no account details to transfer funds and how is their processing time. I would love to compare their services with my current broker (chaka). Aside recurring down time (and some minor stuffs), I am quite okey with Chaka. Want to test IOne because of asset back loans I saw some Ogas discussing of few weeks back. On Cap Plc, pls has anyone received dividend income. I got two mails from AfriPrud confirming dividend deposit while I have not received any. I had to even check using bank mobile app. As regards testimony. I would love to thank every here for their input since I started following the Thread my portfolio met a significant busstop/mark. Not minding the 'skekilin amount', it's a significant for me considered starting point since convid 19. @ sisMCy, I evaluated my trading over two years, I now admit I am more (95โ ) of a trader than investor, with little patience like Loco. Lolz. 4 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 11:41pm On Jun 17, 2023 |
machine606: To get the best from the new investment one app, I will advise you to open a regular stockbroking/cscs account, once you download the app it's automatically linked to your trading account and you will be able to trade on the app or the web. Most times I advise clients to fund their trading accounts using the normal bank transfer with their bank app or internet banking with no extra charges apart from the normal bank charges but with a card, you pay some extra charges because a third-party payment system is involved. You can client the link on my signature to open an account and thereafter download the app seamlessly you will have automatic linking to the trading floor through the app. There is a GTBank account you can always transfer your investment funds into for your trading. Check the attached file to this post to see various method to fund your account. The one I use personally is the GTBank.
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Re: Nigerian Stock Exchange Market Pick Alerts by machine606: 12:33am On Jun 18, 2023 |
emmasoft: Thanks, I already have an account with them through you when I did Abascus MMF. I will check the link and modify the post Modified: The link sent seems not working. Nonetheless, I this accountfrom my mailbox sent when I opened the account, 004473197 Sorry to ask, possible to trade bonds on the platform? |
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 12:55am On Jun 18, 2023 |
Happy Father's Day to the great Fathers and Fathers to be in the House. May all the inputs and investments made as you play the fatherly role yield more than expected dividends in the days and years ahead. 13 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Owoblowblow: 12:59am On Jun 18, 2023 |
Geovanni412: Oga Geovanni, Could u please spare a minute to interpret these charts , looking at now to December 2023. Thank u |
Re: Nigerian Stock Exchange Market Pick Alerts by Geovanni412(m): 1:41am On Jun 18, 2023 |
Owoblowblow: Boss, The companies are all doing well Ucap and Vitafoam are both fundamentally sound companies. They have good leadership, have good dividend history and are leaders in their respective fields. But if I was to take a buy decision...I'd rather buy only vitafoam. (Not financial advice) I consider ,nahco and ucap as too dangerous to buy at those levels I see zenith bank as a medium risk to buy at that level, it can fall to 22 naira or go higher depending on the market confidence. Better to buy a little bit then average down into it. I'd rather wait for 6 months or more for nahco and ucap to get to 10 naira than jump in at current levels. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Ajibade123(m): 1:45am On Jun 18, 2023 |
yMcy56:Seems you don't do long term? |
Re: Nigerian Stock Exchange Market Pick Alerts by Owoblowblow: 4:22am On Jun 18, 2023 |
Geovanni412:Oga โGโ, many thanks for this. Precise and sound. Thank u. |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 7:22am On Jun 18, 2023 |
Frangel:In as much as investors is not my primary purpose of buying the stock, N250billion is not even up to $500,000,000. Hope you know that bill gate is coming to Nigeria to discuss health, agric and finance 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:56am On Jun 18, 2023 |
veecovee: Bill Gates is coming to buy Unify bank. Hallelujah |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 8:49am On Jun 18, 2023 |
Geovanni412: Did you see the Q1 earning growth of Nahco. If sustained by the new CEO of the company dividend of N1.80k or more is possible. Nahco is a turnaround stock 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Geovanni412(m): 9:10am On Jun 18, 2023 |
emmanuelewumi: I don't chase stocks that have pumped by up to 700% in 2 years The rule is to not lose money... The big firms that bought into it at lower levels will take some profit off the table at some point Only makes sense to buy if you are hoping to average down on it. That is the way I look at it...I'll wait till it drops to 10 naira for me to consider it even if it means I miss it flying to the moon. That said, what do you think of university press plc and livestock feeds plc? -https://ng.investing.com/equities/nahco-historical-data 7 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 10:05am On Jun 18, 2023 |
Geovanni412:lol! ...the 2 stocks you mentioned potentially can double portfolio in the next 2 years I doubt IF FA will support you. Kindly do your DD 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by Geovanni412(m): 10:09am On Jun 18, 2023 |
BullBearMkt: At least we agree on something... About FA, Livestock feeds has not paid dividend for years but University Press regularly pays dividend of abt 10k. I don't know too much abt the mgmt of University Press but Livestock feeds is owned by UACN so buying it is like making a play on UACN at cheaper price...kinda like the way Northern Nigeria Flour Mills vis a vis Flour Mills That's just my opinion...what do you guys think? |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:18am On Jun 18, 2023 |
Geovanni412: Dividend of Nahco moved from 40k to N1.20k, dividend of United Capital moved from 50k to N1.50k, there is no sign that dividends will be reduced in fact there is a high probability that Nahco will increase its dividend next year. Nothing is impossible, better if the stock price of Nahco and United Capital comes down to N10 but i doubt that will happen in next 12 months especially if they have a very good Q2 financial performance 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 10:41am On Jun 18, 2023 |
Geovanni412:@Geovanni412, I understand your strategy, but comparing NSE which is influenced by distinct market conditions compared to other global markets is what I tried to point your attention to. That does not mean other people using other methodologies cannot double or even triple their ROI. @Emma is just trying to let you know that if NAHCO continues with their current earning growth/dividend yield, their price will continue to rise. 7 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Geovanni412(m): 10:48am On Jun 18, 2023 |
BullBearMkt: Emma is not wrong either. It's just that the risk seems too much compared to the reward for me. It doesn't align well with my strategy of buying cheap stocks(down by 70% or more from peak) with good dividend history and good management. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 10:51am On Jun 18, 2023 |
Geovanni412:To reduce the risk (or increase the Reward:Risk), wait for a pullback 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Geovanni412(m): 11:00am On Jun 18, 2023 |
BullBearMkt: I dey fear say the reward no go pass 20-40 percent max on NAHCO in 6 months before it begins a retracement There are cheaper stocks with lower market caps that are at better price areas than NAHCO But I may be wrong, only the market will decide . 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:23am On Jun 18, 2023 |
HeirsTower 7 Floor Tower, housing UBA Bank to be sealed off!! Structural Defect!! https://lagosstate.gov.ng/blog/2023/06/18/suspected-structural-failure-lasbca-seals-off-seven-floor-structure-in-victoria-island/
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Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:38pm On Jun 18, 2023 |
Holding certain stocks that one likes can affect one's rational thinking, especially when one receives regular dividends from them. For example, I bought 85,000 units of Zenith Bank at 22 naira and held onto them for a while, and the price went up to 30 naira. With a system to detect when a stock is overbought or ripe for a correction, the smart thing to do would be to sell and buy back later after the correction. Just selling at 30 naira and buying back at 27 naira, would have increased the holding from 85,000 units to 92,500 units without adding any new money. Someone like me, who has developed cavities from the sweetness of dividends, would be happy to receive even more dividends in return. The point is that holding a stock indefinitely may not be the best strategy, especially if one can spot a correction coming. 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:29pm On Jun 18, 2023 |
At my age o, I still watch YouTube Shorts and tiktok. I sometimes watch them in secret. During one of my pleasure trips, I happened upon Robert Kiyosaki, the author of Rich Dad. He said that if he wanted to buy something expensive, he would first create an investment for it and then use the profits from that investment to buy the item. My dividends from GlaxoSmith are now paying for my Ventolin inhaler made by GlaxoSmith. By the way, I used to buy it for 2,500 to 3,000 naira, but now it costs 5,000 naira. 16 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Ades1: 2:34pm On Jun 18, 2023 |
ositadima1: Don't forget that most of the people here throwing tantrums like little kids are only doing that because they sold their stocks just before markdown, because they were so SURE prices will come down after markdown. You and I know how the story unfolded after that. No one knows for sure what direction the market will go. They come here to preach how they consistently time the market to perfection every time without proof. Slow and steady wins this race, I have been replenishing my savings in this euphoria, patiently waiting for that pullback or generational low. 11 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by sgtponzihater1(m): 2:50pm On Jun 18, 2023 |
ositadima1: Top wisdom. I am glad I read some of those books in the past. While many boast of using the latest iPhone, I am assured that I have shares in iPhone. When I have gathered enough to afford a new iPhone, I just buy some more of apple again instead, buying the latest iphone. One day my dividends will be paying for my iphones. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:57pm On Jun 18, 2023 |
Ades1: Q2 2023 will be will be released in the next 2 to 3 weeks time, companies that are able to show good performance are expected to defend their current prices and even appreciate 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:00pm On Jun 18, 2023 |
sgtponzihater1: Imagine if your Tesla shares could buy you a new Tesla electric vehicle every 4 to 5 years. That would be amazing! |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:18pm On Jun 18, 2023 |
ositadima1: Or your Zenith Bank dividend pay your rent, Nigeria Brewery dividends take care of your flenjour expenses for the year 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:29pm On Jun 18, 2023 |
https://guardian.ng/saturday-magazine/shina-peters-and-jim-ovia-two-legends-on-different-paths/ This story was threading few years ago. I found it in my bookmarks archive. Enjoy the story and follow your passion. 6 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 4:01pm On Jun 18, 2023 |
This strategy is like a trap, you can find yourself locked out. There are a number of times I have tempted to sell my Zenith shares but the fear of being locked out has always hampered me. Ades1: 2 Likes |
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