The biggest mistake an investor can make is to avoid the market because the market is bearish.

Bear market is the time to sow and compound your portfolio, bull market is the time to harvest and diversify your investments

Frangel:


Would be great if he was reinvesting. He started well.

I'm guilty of the in-and-out game too. I'm yet to fully implement the reinvest dividends strategy on my personal portfolio, but done on my child's. It's wonderful.

I got GTB @ N5.10 (IPO) but sold off all (including bonuses) long time ago. I did a projection of what it would have been now and it was mind-blowing.
Of course, some bad stock picks turned awful along the way.

A simple strategy of picking good dividend-paying stocks and reinvesting the dividends is a winner, in the long run.

If you still held your GTB at N5.10 your annual dividend today will be on a yield of above 62% minimum. To even think that dividend should increase from current N3.20 being paid.
That would be jackpot for retirement for those with substantial holding at that price and still holding it.

unite4real:


If you still held your GTB at N5.10 your annual dividend today will be on a yield of above 62% minimum. To even think that dividend should increase from current N3.20 being paid.
That would be jackpot for retirement for those with substantial holding at that price and still holding it.

You didn't include bonuses in your calculations his 1 unit would have grown to about 7 units, so his cost price would technically be less than N1 and dividend yield on average cost price of over 300%

Good day House.

I am new to this STOCK MARKET TRADING stuff.
Though I have knowledge about buying and selling via CRYPTO.
My spirit pushed me to STOCK MARKET, so as I building a portfolio.
I just got verified BAMBOO and funded my account with $500.

REQUEST
I wish to ask you gurus here, WHICH platform do you all suggest I use nor bank on?........

Which market do u advise I buy now and at wat price?.



I want good platforms like BAMBOO and co....


Please kindly advise ASAP.



Many Thanks in anticipation.

unite4real:


If you still held your GTB at N5.10 your annual dividend today will be on a yield of above 62% minimum. To even think that dividend should increase from current N3.20 being paid.
That would be jackpot for retirement for those with substantial holding at that price and still holding it.

I still dey learn.

For example, a N5,100 invested in 2001 for 1,000 units of GTB would be worth about N255,000 (7,096 units, bonuses inclusive) today. About N195,000 total dividends received to date. Assuming dividend was reinvested... The ROI in % off my calculator, lol.

The above is not normally reoccurring, but a pointer to what a good investment can be in the long run. On the flip side, a bad investment could be worth just the paper it's written on.

Stock investing is like a marathon.

Frangel:


I still dey learn.

For example, a N5,100 invested in 2001 for 1,000 units of GTB would be worth about N255,000 (7,096 units, bonuses inclusive) today. About N195,000 total dividends received to date. Assuming dividend was reinvested... The ROI in % off my calculator, lol.

The above is not normally reoccurring, but a pointer to what a good investment can be in the long run. On the flip side, a bad investment could be worth just the paper it's written on.

Stock investing is like a marathon.

All these are possible if the investor know how to value a stock or a business, and the investor is getting predictable income.


Around November, I got an intrinsic value of N45 for Dangote Sugar after making provisions for a margin of safety of 30%.


With this understanding, the lower the price the better. I want to believe that the reported poor performance of Q2 was deliberate.


Apart from the profit after tax, every other thing like gross profit, operating profit, earnings Before Interest, operating cash flow and margins showed tremendous improvement

Thank you very much.

I never said I wanted to trade Crypto sir.

I am strictly on STOCK.


Nonetheless, I need recommended brokers app I can invest with.

Thanks

Opralee:


Dogecoin is the best crypto to invest on now, You can also trade dogecoin on HFMarket using MT4. register here https://hfm.com/?refid=348141&acid=b4fb3m57c2

emmanuelewumi:
The biggest mistake an investor can make is to avoid the market because the market is bearish.

Bear market is the time to sow and compound your portfolio, bull market is the time to harvest and diversify your investments

Gbam!!!

emmanuelewumi:
The forex loss rely affected the performance of Dangote Sugar.



Looking at the result the company would have done extremely well but for the finance cost



Revenue increased from N185 billion to N202 billion



Gross profit increased from N38 billion to N58 billion


Gross margin increased from 20.5% to 28.7%


Operating profit increased from N34 billion to N52 billion


Operating margin increased from 18.3% to 25.7%


Earnings Before Interest and Taxes increased from N37 billion to N65 billion

This was posted on the 31st of July 2023.


Some management would not make made the forex losses known to us until when the accounts would be audited at the end of the financial year, by then they would have sold if they are not sure of the long term sustainability of the company

emmanuelewumi:




This was posted on the 31st of July 2023.


Some management would not make made the forex losses known to us until when the accounts would be audited at the end of the financial year, by then they would have sold if they are not sure of the long term sustainability of the company

do you consider dangote sugar a good buy at current price prior to the merger? Considering whether to load more

Dangsugar and Nascon have brought me back. My Dangsugar holdings have surpassed the proportion of Zenith on my portfolio, thanks to sheer gains and some previous top-ups. Where is Oracle? Where is the generational low? Has the US economy crumbled? Where is YoungBuffet? Has crude crashed? Has the market tanked? Sugar has crossed my projected 45. In short, let me fire up my spreadsheet. Most of my predictions have been beautifully surpassed.

vacanci:


do you consider dangote sugar a good buy at current price prior to the merger? Considering whether to load more

Not bad if you want to ride till climax. I stopped buy at N23, I have been buying for years from N6

ositadima1:
Dangsugar and Nascon have brought me back. My Dangsugar holdings have surpassed the proportion of Zenith on my portfolio, thanks to sheer gains and some previous top-ups. Where is Oracle? Where is the generational low? Has the US economy crumbled? Where is YoungBuffet? Has crude crashed? Has the market tanked? Sugar has crossed my projected 45. In short, let me fire up my spreadsheet. Most of my predictions have been beautifully surpassed. ;

Welcome back.

AllBusiness:
So how do i invest my N4m now? I only have stanbic IBTC money market fund

ositadima1:


Bro, you're late to the party! I recommend buying Dangsugar stock without hesitation if you can get it at todays close or lower as it still pack value.

I bought more of it this morning when it was selling below yesterday's close. Some people were even lining up to buy it at a lower price, but I didn't waste any time and bought it at 22.85. By the afternoon, it was in full bid. Even if the market is red tomorrow, you can still keep the stock and collect the dividend.

The dividend payout was just 33%, meaning that they only paid out 33% of their earnings. Dangcem pays out more than 80% of its earnings, so it's likely that if Dangsugar's earnings continue to grow, the dividend will double or more. Of course, you should still do your own due diligence.

At AllBusiness, if you heeded my advice, your 4 million would be 10 million by now and counting. I hope you are doing well.

ositadima1:






At AllBusiness, if you heeded my advice, your 4 million would be 10 million by now and counting. I hope you are doing well.

With a high probability and possibility of getting to N18 to N20 million

Sugar, Salt, Transcorp:
- Opened on +10% each....
- Pullback in market as at now....... activities of profit takers.....

SUGAR: Reversing the pullback.......FOm 63.15....down to 52.05; now sighted @54......57.....57.30....57.45....

TRANSCORP: From 7.71.......down to 7.02; now sighted back @7.30......7.50......7.70....7.71......more profit taking....

NASCON: Sighted back up.....
GSK: @13.10......
NAHCO: @23.50......

emmanuelewumi:




With a high probability and possibility of getting to N18 to N20 million

Look at the chart below of Dangsugar. The horizontal green lines are my attempt at making a "volume profile." Each line length shows the total volume at which a trade was closed. The longer the line, the more trades were closed at that price.

I have a theory. If you look at the lengths of the past bars, you will notice that they keep getting smaller. To me, this is a sign that the uptrend is not yet exhausted. I believe that the uptrend will continue until I start seeing longer bars.

My explanation is that the big players are privy to some good information and are not selling yet.

ositadima1:


Look at the chart below of Dangsugar. The horizontal green lines are my attempt at making a "volume profile." Each line length shows the total volume at which a trade was closed. The longer the line, the more trades were closed at that price.

I have a theory. If you look at the lengths of the past bars, you will notice that they keep getting smaller. To me, this is a sign that the uptrend is not yet exhausted. I believe that the uptrend will continue until I start seeing longer bars.

My explanation is that the big players are privy to some good information and are not selling yet.

LOL, what you typed up there does not make sense my brother. All these armchair technical analysts, LOL.

https://doclib.ngxgroup.com/Financial_NewsDocs/39357_PRESCO_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_AUGUST_2023.pdf

Presco proposing a dividend of N6.8 to be paid 03-Oct-2023

phoinix:


LOL, what you typed up there does not make sense my brother. All these armchair technical analysts, LOL.

Many sound minds and people with privy information will stop posting on this trend because of people like you. You radiate negative energy

You seriously need to tone down your negativity. You attack people unprovoked. You did the same on the Treasury Bills forum, the moderator had to pull out all your post

If you miss the train , queue up for the next one . Stop attacking people that know better than you . The nuisance you constituted on the Treasury Bills forum has been cleaned up yesterday, don't start another one here.

phoinix:


LOL, what you typed up there does not make sense my brother. All these armchair technical analysts, LOL.

it doesn't make sense to u? Wow..

Shalom428:
Many sound minds and people with privy information will stop posting on this trend because of people like you. You radiate negative energy

You seriously need to tone down your negativity. You attack people unprovoked. You did the same on the Treasury Bills forum, the moderator had to pull out all your post

If you miss the train , queue up for the next one . Stop attacking people that know better than you . The nuisance you constituted on the Treasury Bills forum has been cleaned up yesterday, don't start another one here.

no wonder i saw the last 2 pages on that TB thread looking very clean.

Shalom428:
Many sound minds and people with privy information will stop posting on this trend because of people like you. You radiate negative energy

You seriously need to tone down your negativity. You attack people unprovoked. You did the same on the Treasury Bills forum, the moderator had to pull out all your post

If you miss the train , queue up for the next one . Stop attacking people that know better than you . The nuisance you constituted on the Treasury Bills forum has been cleaned up yesterday, don't start another one here.

You are a confirmed MUMU, for those who are not in that thread, one popular poster turned the thread into a toxic outlet. If you had any sense, you would have understood that I was there countering him. You are probably in support of the trabalistic nonsense the other poster was spewing. By saying that, I have confirmed that sense is far away from you.

SUGAR
Reversed all the earlier losses......
Now back in green.......

* Sighted @63!!!
Seems some institutional investors like those fund managers were taking position!!

GSK: @13.90!!
Seems some people are already getting insider info...

vacanci:


no wonder i saw the last 2 pages on that TB thread looking very clean.

Please use your discretion when coming to conclusions. Don't take whatever you see as given.

phoinix:


You are a confirmed MUMU, for those who are not in that thread, one popular poster turned the thread into a toxic outlet. If you had any sense, you would have understood that I was there countering him. You are probably in support of the trabalistic nonsense the other post was spewing. By saying that, I have confirmed that sense is far away from you.

guy, don't distract wit ur beer parlour gist...we r here strictly for business....

yMcy56:
SUGAR
Reversed all the earlier losses......
Now back in green.......

U r doing well...

Boshins:
guy, don't distract wit ur beer parlour gist...we r here strictly for business....

Another nitwit on the loose, as if you don't go to the beer parlor before.

Caverton!!

Boshins:
guy, don't distract wit ur beer parlour gist...we r here strictly for business....

Please ignore him completely, don't dignify him with a reply.

A lot of money in the pipeline. The future is still very GREEN.

FOLLOW THE MONEY