₦airaland Forum

Last time was early 2021. Then red followed for some time and people started complaining. If my memoryservesmeright.

yMcy56:
Between the time you were replied on how to pick DANGFOODS, you would have buy at bargain before today's rally.


Meanwhile, today's trade was one of its kind!!
Quite a lot of stocks with +10% !!
Can't remember when last I saw it in this format before .

ProphetUtuocha:
It's morning in the day of Oando. Enough said!

In fact it’s just daybreak
Wiseman

Anyway
Time for 3rd shot

yMcy56:
Between the time you were replied on how to pick DANGFOODS, you would have buy at bargain before today's rally.


Meanwhile, today's trade was one of its kind!!
Quite a lot of stocks with +10% !!
Can't remember when last I saw it in this format before .

For omatek i bidded immediately you revealed the name of the stock. You know say you no tell me at first. I didnt go for dangote .. bought some other stocks though.... have to be careful not to overspend... na January be dis

Thanks.

I only quoted the Market price as I did not even use the Limit option.

yMcy56:
I think you quoted price outside the daily range.
* For each trading day, the bid/offer price should be within the +/-10%
* If you imput a price outside this range, there won't be any Order (bid or offer price) to match it.

Princkez:
please who was that guy that quoted high prices for banking stocks some months ago...FBNH @#50, GTCO @70,ZENITHBANK @#70 and so on...do you remember that post?

It's Oga RabbiDoracle !!
I'm even searching for the bank projection post.....I'd thought I shared it o.

He projected 15+ for Transcorp and it seems it's fast approaching.....

Oga Rabbi pls come back. You're being justified.
Don't look at negative posts
It's you and other Ogas that taught us how to develop thick skin against insults and stones.

sonofElElyon:
For omatek i bidded immediately you revealed the name of the stock. You know say you no tell me at first. I didnt go for dangote .. bought some other stocks though.... have to be careful not to overspend... na January be dis

I couldn't have mentioned it without my DD first, which I told you of, you know how it used to be here nah.
Those Dang stocks looks promising, that's why......but it's fine, wish us all the best in anyone we are.

yMcy56:
It's Oga RabbiDoracle !!
I'm even searching for the bank projection post.....I'd thought I shared it o.

He projected 15+ for Transcorp and it seems it's fast approaching.....

Oga Rabbi pls come back, you're being justified.
Don't look at negative posts
It's you and other Ogas that taught us to develop thick skin against insults and stones.

Make e come back, so that one faceless small pikin go insult am becuase he shared his opinion. Some don't value the community we have here. What people like you and others do here is priceless. Everyone would be okay...las las!

yMcy56:
I couldn't have mentioned it without my DD first, which I told you of, you know how it used to be here nah.
Those Dang stocks looks promising, that's why......but it's fine, wish us all the best in anyone we are.

Hope say money no go finish on top stocks oooo
Which one of the dangote stocks is better to buy?
Modified: think I'll just try one nore time for omatek.. then rest

onegentleguy:
As @ Q1 2020, we mentioned on several occasions here that the insurance sector will be the next best place to be considering the positive impact recent policy shifts can have on it(planned recap exercise, CBNs dovish stand and other fiscal measures including the finance act of 2020)

I recall that was when I decided to gradually take position in some select names therein. A worthy move was accumulating 5M units each of AIICO, REGENCY ALLIANCE, MUTUAL BENEFITS and ROYAL EX and near 3.5M of LINKAGE for one chief I manage his portfolio seeing he was really quite liquid then. …with the middle 3 coys purchased @ a p/value of 20k, the 1st(aiico) @ a BEP of 61k and the last(linkage) @ 35k it was clear that capital yield can well come from cash flow accruals given they were broadly dividend paying assets.
With a few like REGENCY ALLIANCE having the best HPR with yield (@ circa 15% at the time) and healthy risk-reward ratio (BS position in view), there just couldn’t have been a better time!!
But more often than not, I was criticized each time I mentioned INSURANCE COYS. I remember how I had to leave a what’s-up forum following a rain of insult for daring to recommend 3 coys back then. I was called a chief MH for drawing folks attention to MUTUAL BENEFITS and LASACO after noticing that both coys had just witnessed a turning point(BS and CGP in view) and UNIONDAC for highlighting it as a possible rewarding buy-out candidate(EPA in view).
Most annoying was how the forum moderator (a member here) who was the one that 1st contacted me to join the said platform as an analyst/moderator also joined in the destructive criticism. Funny enough, none of those who criticized me could present proof to counter the analysis I had put up, so I had to leave. Time has since exonerated me!!

This is also part of the problems we face here. …it’s what some worthy members like mcy56, @rabbi, @megawealth and a few others face, and the reason I sometimes prefer to withhold certain sensitive information.
A case in point is JAPAULGOLD. After the coys much debated FP which saw a huddle with ACCESS BANK (then japauloil), I was asked for my opinion on the matter, to which I replied; No comment!!
In truth, I never covered the coy or had it on my watch list. ...but all that changed when a few lines in their report made me have a rethink and after an in-depth review, I reached out to several close pals and some members here(@bumba1234, @billtommy, @ekpotek, @charlesniper, @tradeinvestgal to mention a few) and told them to ACCUMULATE the coy after explaining the reason it was bound to appreciate in price. Most folks I know bought @ 20-23k. As I explained to them then, JAPAUL might not be healthy but 2 things stood out:

1) When u relate the coys current BS position to its SoI and benchmark it against its CF and CGPR potential, REWARD had overtaking RISK and was making a mockery of it.
2) There were some fine lines in between the then released poor financial print that highlights the need to raise funds(EFIR and CBR in view) and signals a strong possibility for a price rise to achieve that aim.

This was even before the name change was announced. I decided against putting it up here knowing what might well be the repercussion but still gave a hint back then. See one such post above with a hint(part in bold… a revert to @oracle)
Earlier today, I read from the sideline and observed some sharp criticisms targeted @mcy56, @megainvest and a few others and I just knew it could’ve been me!! …God, I would’ve been disappointed if after taking out time to put up a comprehensive analysis of JAPAUL here for gratis I got destructively criticized.
I am not highlighting these lines to prove any point or see myself as some sought of semi-god, but to underscore the fact that this forum, this platform CAN BE BETTER!!
We can all make it better and individually grow with it. Yes we can... if we can all stop it with the mockery, ridicule and toxic criticisms and start up building each other... particularly those who go out of their way to encourage, help and sometimes offer healthy and meaningful advice to others including the new ones in our midst without any form of pay/reward. Folks like @Oracle, @bigjay @mcy56, @currentprice, @Obagadafi, @rebakah, @Drawo, @fxuser and many others here deserve no less than a pat in the back and appreciated for all they do.

Understandably, a mix of emotion can take their toil on one and make them have extreme reservation towards certain select asset… perhaps because of their not-so-good experience playing such coys. But its NOT enough reason to hate it or find disgusting the mere mention of it. U can lose money in a coy today, and gain double ur invested capital in the very same coy tomorrow. Ur astuteness, doggedness and willingness to want to learn from the experience and lessons of that failed TRADE/INVESTMENT SETUP is what makes all the difference!!
We all wish to learn. It is often said that the day u stop learning, u stop living!! I personally love to learn. Engage and criticize me constructively and I will love u for it. …am sure the same can be said of many others here.

Some of us don’t like it when we see these bouts of negative comments.(even if it’s not directed at me, I hate it) Yes there might be some folks who give advice having ulterior/selfish motives, but u can tell that there are others who don’t tour that line. Some folks here mean well!!

Personally, I will NEVER put out any write-up with an intent to deceive. …it had, has and will never align with the basic principle that defines my person. For us, we respect and appreciate why the word INTEGRITY came before the duo of MONEY and SUCCESS in the dictionary. Before ever I advice or put up any post here or anywhere else, I must have put it through a thorough scrutiny drawing from several tested analytical models.
My last recommendation here (GSK) followed a proof-test of no fewer than 7 models, 4 of which I personally developed. …the highlight of the coys –EV was just one of the other known 3. As I stated here then; GSK would still be undervalued even @ N15!! (keep a close watch on that coy and do well to align if u are yet to do so)

While there is no such thing as ABSOLUTE CERTAINTY in the investment world, the INTENT 1st, and from there ur zeal/drive and investing strategy is what really matters !!

Now back to the talk on INSURANCE coys...
Let me quickly reiterate what I said here in times past; That sector is worth a % of ur investment capital. That said, a lot should depend on how well u do ur homework. It will require a case by case study of the coys in that index to ascertain the likely big winners in line with the recent recap policy by the regulatory body(Naicom)

A quick guide;
I covered about 20 quoted insurance coys on the NSE: 1- CUSTODIAN, 2- AIICO, 3- MANSURD INS 4- MUTUAL BENEFITS, 5- PRESTIGE, 6- NEM, 7- LASACO, 8- CORNERSTONE, 9- SOVEREIGN TRUST, 10- WAPIC, 11- ROYAL EXCHANGE, 12- VERITAS KAPITAL, 13- REGENCY ALLIANCE, 14- AFRICAN ALLIANCE, 15- NIGER INS, 16- SUNU INS, 17-CHI, 18- LINKAGE, 19- GUINEA INS and 20- UNIVERSAL INS to see how VALUE can be taped.

Of the 20, Nos 4, 2, 7, 9, 10 11, 12(yes I said 12) 13, 17 and 18, carries a greater weight of value drive/prospect given their MoS peg relative to CMP(risk-reward margin in view).

In view of the planned sector recapitalization exercise which will be 2-phased- 50% and 60% of the newly stipulated minimum paid-up capital for insurers and re-insurers respectively by 31st Dec 2020(expect a lot of activities from now till the release of FY2020 FPs to capture the 1st phase) and 100%/full compliance on or before 31st Sep 2021, I see 11 of them; Nos, 1,2, 3, 4, 5, 6, 7,10, 12, 17 and 18 meeting both deadlines and remaining as standalone entities with a 65% probability of acquiring the other 9. …by implication, the other 9 might pass the 1st deadline but could end up been acquired by these 11 and/or other external forces(either from within their in-house core investors or new entrants) or end up merging amongst themselves to form a bigger entity on or before the 2nd/last deadline of Sep 31st 2021.

And Yes there are a few lines to draw these inferences by relating their individual CF stand and SoI to the BS position in their financial prints and bench-marking same against the guideline of the proposed recap exercise.
However, nothing is cast in stone!! …so it’s imperative to remain vigilant and not throw caution to the gallery.

On a side note, those with holdings in No 3 should do well to thread with caution. …especially if u aligned post the bonus issuance but waiting to partake of the planned split exercise. (i.e. If u missed out on the QD of the 1st and is yet to liquidate any % holding). If u fail to extrapolate ur figures well, u might incur a loss post the split. It might be best to gradually follow through with a structured exit plan in time.
Remember that the split will likely create an exponential EM effect (4x price mark up in view)
Like I always tell folks, the increased price peg that follows a split is 88% of the time an overblown reflection of a coys valuation… so there’s often a near 1 prob. that price will fall to mirror the true value of the asset relative to earnings and the perception of market participants thereafter.
The fall though, will depend on the assets proposed factor of X. …that of MANSURED requires a careful breakdown of ur trade/investment setup to avoid a loss.
Note that this is not to say that MANSURED is an unworthy play, but to accentuate the need for carefulness.
If I can elk out the time, I will do an article drawing from an extensive analysis/review of the insurance 20 to further help us with the quest to seek REWARD.

Disclaimer: The part in italics should only be viewed subjectively. …it is NO license to any sought of recommendation. Due diligence still applies as always.
My advice? Pls follow ur instinct.

Selah

Oga Onegentleguy did justice to the insuarnce sector here....for those interested in that sector.

yMcy56:
It's Oga RabbiDoracle !!
I'm even searching for the bank projection post.....I'd thought I shared it o.

He projected 15+ for Transcorp and it seems it's fast approaching.....

Oga Rabbi pls come back. You're being justified.
Don't look at negative posts
It's you and other Ogas that taught us how to develop thick skin against insults and stones.

Yes you are right..

Can anyone guide on how to buy ETFs with Morgan's itrade platform. I can't seem to figure it out. I'm only able to trade individual equities. Buying ETFs is blurred out on my account. Can anyone assist

megawealth01:
2 weeks/one month max just like unitybank

Will get back to you later today or tomorrow to enable me confirm the setup. But still do your DD.

One love

Princkez:
Yes you are right..

You need a soothsayer to tell you that most stocks will move up, abi? If the price of rice and other goods and services have doubled, is it stocks that won't double or triple?

As is to be expected, we are most likely going to see more dividends this year that are worth even less as the purchasing power of the naira has been severely compromised.

I get that Oracle is a likable guy because of his jokes and insights. Well, we saw a couple predictions come to pass and a couple fail, just like most other analysts here.

And then there's the other guy, Stcool, who sees opposing views as being a "small boy".

Still on that, the US and Western economies were never going to collapse, at least not for a very long time. Recession maybe, but not collapse. The US was never going to print its money to sheghe.

ositadima1:
You need a soothsayer to tell you that most stocks will move up, abi? If the price of rice and other goods and services have doubled, is it stocks that won't double or triple?

As is to be expected, we are most likely going to see more dividends this year that are worth even less as the purchasing power of the naira has been severely compromised.

I get that Oracle is a likable guy because of his jokes and insights. Well, we saw a couple predictions come to pass and a couple fail, just like most other analysts here.

And then there's the other guy, Stcool, who sees opposing views as being a "small boy".

Still on that, the US and Western economies were never going to collapse, at least not for a very long time. Recession maybe, but not collapse. The US was never going to print its money to sheghe.

Drop your own predictions and let's check them out... remember to also be specific...

ositadima1:
You need a soothsayer to tell you that most stocks will move up, abi? If the price of rice and other goods and services have doubled, is it stocks that won't double or triple?

As is to be expected, we are most likely going to see more dividends this year that are worth even less as the purchasing power of the naira has been severely compromised.

I get that Oracle is a likable guy because of his jokes and insights. Well, we saw a couple predictions come to pass and a couple fail, just like most other analysts here.

And then there's the other guy, Stcool, who sees opposing views as being a "small boy".

Still on that, the US and Western economies were never going to collapse, at least not for a very long time. Recession maybe, but not collapse. The US was never going to print its money to sheghe.

Just to clear the air...I dont see opposing view as bad, because on SMN and now NSEMPA, arguments for or against a stock has helped me make decisions for long term.

I was only referring to people that directly use insulting words at people for sharing their opinions. I hope this helps.

sonofElElyon:
Drop your own predictions and let's check them out... remember to also be specific...

I have made lots of predictions in the past, they are here on this forum. Not bragging, but many of them have happened. If you have time to spare, go through my posts.

In my predictions, I use simple statistics and common sense. I don't claim to be a magician.

KayOn1:
Will get back to you later today or tomorrow to enable me confirm the setup. But still do your DD.

One love

Pls drop am still... I'm a heavy risk taker ooooo... All the stocks that has given me fortunes were all extremely risky when I got into them... Ask around about the new me from 2020... Many even warned me but what they warned me of is what they all got into... I can mention all those penny stocks without fundamentals them that I bought in volumes and I became extremely wealthy in about three years (2023)

agbekoya:
I see Fidson as a strong buy at present price, but go into it as an investor not for a quick J JIJO

Noted

aloyt:
Can anyone guide on how to buy ETFs with Morgan's itrade platform. I can't seem to figure it out. I'm only able to trade individual equities. Buying ETFs is blurred out on my account. Can anyone assist

Go to the ETF section on
the Board. Market View
U should see the ETFs that are active...
I only buy Newgold Etf

Providus Bank needs to communicate how much they're paying for UNITY shares

I think Transcorp is that STOCK that will print unimaginable money in 2024

Can it beat the hotel in price this year....I would belive so!!!

DD advised.

stcool:
I think Transcorp is that STOCK that will print unimaginable money in 2024

Can it beat the hotel in price this year....I would belive so!!!

DD advised.

That stock is in steroids congratulations to all those that bought at less than 1 Naira. Oando seem to be back

ojeysky:
That stock is in steroids congratulations to all those that bought at less than 1 Naira. Oando seem to be back

I didnt even get it at N1.00 I entered at avg + commission N7.02 and sitting on Good profit. I can only imagine those that entered at N1.00

IYGEAL:
Providus Bank needs to communicate how much they're paying for UNITY shares

That's why I sold yesterday and left only a percentage of their profit until they talk... They haven't even confirmed the news till now

They have to speak up NOW for the interest of serious investors

ojeysky:
That stock is in steroids congratulations to all those that bought at less than 1 Naira. Oando seem to be back

OANDO should be better be back

Meanwhile, DangoteFood (no typo ) moved to 68.95 early enough today.

stcool:
I think Transcorp is that STOCK that will print unimaginable money in 2024

Can it beat the hotel in price this year....I would belive so!!!

DD advised.

I bought at 6 naira, my portfolio doing wonders. Someone is buying a lot since the beginning of the year.

FCMB on 🔥 .....Full bid @9.05......
TRANSCORP 🔥 .......full bid @11.51!

Quite a lot of stocks on full bid.......

The earlier movements in DANGSUGAR though! 🔥

**

yMcy56:
FCMB on 🔥 .....Full bid @9.05......
TRANSCORP 🔥 .......full bid @11.51!

Quite a lot of stocks on full bid.......

The earlier movements in DANGSUGAR though!

I missed that fcmb... Good luck to those in that ship

TOE is still on full bid

@mcy i sent you a mail this morning.

WizEndy1:
I bought at 6 naira, my portfolio doing wonders. Someone is buying a lot since the beginning of the year.

RichEstate:
TOE is still on full bid
@mcy i sent you a mail this morning.

Replied.
So you didn't buy Transcorp when it was mentioned that time?