DrAwo:


Rule 1 by Phil Town
5 rules of successful stock investing by Pat Dorsey

Read these 2 books and your investing will never remain the same again...

Thank me later.

Please do you have a link I can buy it from? Thank you

These billions you are sharing......diarisGod ooo.

GTCO: 2B+ done....
ZEE: 1.49B....
ACCESS: 1.55B.....
MTNN: 1.2B....
SEPLAT: 1.05B...

ACCESS: @15.90/95.....
GTCO: 34.40/45
ZEE: 34..
UBA: 12.30
STANBIC: 52...
FCMB: 5.28/5.30
FIDELITY: 7/7.11
JAIZ: 1.67 ...full bid

yMcy56:

See the attached:
You will see "Market" then "Order"

Click on order, you will see all your buy/sell order, click "cancel" on the order you wish to cancel.
- Will ask you if you want to cancel, select 'Yes'.

Another one is to go to the menu tray, click "Buy Orders" if it's for buy .......or "Sell Orders" if its for sell, you'll see orders placed, click on "X" cancel in front of it.

Hi @Mcy56. Thank you for you help. 🙏

ojesymsym:
E go soon enter 50, e go soon enter 50 naira, na so I take watch Okomu move from that your 75 naira to over 200 now.
I do have the small units bout around 35 naira though.

Having a good knowledge of stock valuation is the koko, the lower the stock falls the happier you if you have the cash flow to average down.

After all people don't sell their houses because the price of the property crashed even though the rental income increased with a high possibility of increasing in the future.


So why will I sell my share in a sound business because the price crashed in the market, even though the earnings increased, dividends grew with a high possibility of increasing going forward.

I will only sell if it is selling at a huge premium to its intrinsic value

I wonder why investors are queuing for TRANSCOHOT. This is a semblance of FOMO.
Holders of TRANSCOHOT don't sell. They are one of the most patient holders that I have seen in my 13 years of self investing.
They keep pushing up the price for the elite holders.
Though, the price trend is organic in nature. It follows the commendable performance by the company.
Sentiment is driving more people to IKEJAHOTEL. A case of if the preferable is not available, then the available becomes the preferable. Remember, if it is not panadol, it can never be Panadol.
Hopefully, there is quality and value in Ikeja hotel too. The bonus is still available for a grab, qualification date is 05/07/2023.

Mankindman:
I wonder why investors are queuing for TRANSCOHOT. This is a semblance of FOMO.
Holders of TRANSCOHOT don't sell. They are one of the most patient holders that I have seen in my 13 years of self investing.
They keep pushing up the price for the elite holders.
Though, the price trend is organic in nature. It follows the commendable performance by the company.
Sentiment is driving more people to IKEJAHOTEL. A case of if the preferable is not available, then the available becomes the preferable. Remember, if it is not panadol, it can never be Panadol.
Hopefully, there is quality and value in Ikeja hotel too. The bonus is still available for a grab, qualification date is 05/07/2023.

For bonus share for Ikeja hotels?

Ginalex:
For bonus share for Ikeja hotels?

https://nairametrics.com/2023/06/16/nigerian-stocks-list-of-dividends-announced-in-2023/

Check the link above

Generational low gang rightnow

Met Phil in 2019 - nice and intelligent man - very generous with his time as well.

DrAwo:


Rule 1 by Phil Town
5 rules of successful stock investing by Pat Dorsey

Read these 2 books and your investing will never remain the same again...

Thank me later.

PETERiCHY:
Generational low gang rightnow

PETERiCHY:
Generational low gang rightnow

It will come like a thief at night, but definitely it can't happen in 2023

Many here will be long gone by that time. Euphoria has not set in yet.

emmanuelewumi:



It will come like a thief at night, but definitely it can't happen in 2023

comatekeke:

I will be sharing screenshot of my portfolio here for advice.
Any advice?

I said I will give an update later.
This is the update.
I finally sold my units of CHIPLC for a profit of N259,275.87 in addition to a dividends of N63,801.46
Thank you to all the contributors of this threads with special mentions to the following monikers.
@yMcy56
@Mfunkynation
@Zagee
@feelamong
@emmanuelewumi
and anybody else that I forgot.
Another special thanks to @feelamong for creating the TB thread.

.

Mankindman:

@pa Emma, I can't stop laughing ni KUTUKUTU OWURO
Your humor 🤣 is very funny
A new school of analysis is birthed.
"CORRUPTION ANALYSIS "
it is the vector quantity in RECURRENT EXPENDITURES AND COST OF SALES" that always eat 70% of profits of all quoted companies on NGX. They only declare profits whenever the cost of sales reduced significantly.

While pasting the expenditure breakdown for First Bank, focusing on the huge director emoluments going down by half. I noticed the total expenditure doubled between 2013 and 2022. Perhaps due to inflation. But compared to other banks First Bank seem to be bloated in expenses. May need to do a CA on the expenditure

One simple investment quote

The time to buy is when there's blood in the streets.

The cheaper you can buy a stock, the higher your margin of safety.

“There will be bear markets about twice every 10 years and recessions twice every 10-12 years but nobody has been able to predict them reliably. So the best thing to do is to buy when shares are thoroughly depressed and that means when other people are selling.” - John Templeton

BabsO2:


While pasting the expenditure breakdown for First Bank, focusing on the huge director emoluments going down by half. I noticed the total expenditure doubled between 2013 and 2022. Perhaps due to inflation. But compared to other banks First Bank seem to be bloated in expenses. May need to do a CA on the expenditure

Otudeko na CA guru

FTNCocoa still doing wonders and annoying moi da f... up. To think i was patient enough to hold >3M units at an avg of 0.54, only to then sell off after the first consolidation. Choiiiiiiiiii

emmanuelewumi:

Otudeko na CA guru

But he has left. Yet expenditures grew by N40 billion between 2021 and 2022

BabsO2:


But he has left. Yet expenditures grew by N40 billion between 2021 and 2022

Probably severance benefits to the retired directors

All Shares Index increased by 1.3% today.

emmanuelewumi:

Probably severance benefits to the retired directors

The growth area was not there but more on ops and maintenance expenses. It needs a full CA benchmark with other banks

BabsO2:


The growth area was not there but more on ops and maintenance expenses. It needs a full CA benchmark with other banks

Those are what one needs to look at when you want to buy stocks for the long term.


The relationship between directors expenses and wealth created by the business is lowest with FBN, when looking at the banking industry

Nahco closed at N17.25k, a guy sold the stock at N6.00 because his average cost was less than N3.50k.

He is still waiting for a pull back.


I told him 3 months ago that the intrinsic value of Nahco was N14. Nothing bad if he could get it at N10, but he was still waiting for a major pull back.

The revised intrinsic value of Nahco based on the growth, current efficiency and profitability of the business should be N20

thesilentone:
Met Phil in 2019 - nice and intelligent man - very generous with his time as well.

Wow...
This is lovely...
Was this at his investing course? His podcast is also very good too...

emmanuelewumi:




You can't get indepth knowledge of stock valuation, market psychology, money management from NSEMPA

Your input alone here actually passes for what you claim can't be gotten here.

Deadlytruth:


Your input alone here actually passes for what you claim can't be gotten here.

Forget that, nothing beats reading about the experience, strategies, psychology of successful money managers who have decided to put their secrets into written books

Yes, Peachtree, Atlanta.

We went to his very large house on the penultimate day.

DrAwo:


Wow...
This is lovely...
Was this at his investing course? His podcast is also very good too...

emmanuelewumi:
Nahco closed at N17.25k, a guy sold the stock at N6.00 because his average cost was less than N3.50k.

He is still waiting for a pull back.


I told him 3 months ago that the intrinsic value of Nahco was N14. Nothing bad if he could get it at N10, but he was still waiting for a major pull back.

The revised intrinsic value of Nahco based on the growth, current efficiency and profitability of the business should be N20

If the mgt double down on performance going by Q1 results in the remaining 3qtrs. I won't be selling my kaya very soon because the dividend will be too sweet to let go

I must have bought from him

emmanuelewumi:
Nahco closed at N17.25k, a guy sold the stock at N6.00 because his average cost was less than N3.50k.

He is still waiting for a pull back.


I told him 3 months ago that the intrinsic value of Nahco was N14. Nothing bad if he could get it at N10, but he was still waiting for a major pull back.

The revised intrinsic value of Nahco based on the growth, current efficiency and profitability of the business should be N20

debeey87:


If the mgt double down on performance going by Q1 results in the remaining 3qtrs. I won't be selling my kaya very soon because the dividend will be too sweet to let go

They have an new CEO, he is an Indian. The guy is delivering and creating wealth for shareholders back to back.


I wonder what the Nigerian CEOs were doing in the past