₦airaland Forum

megawealth01:
Ikeja wey I started buying as kobo stock

Exactly. You can imaging the percentage gain from Ikeja Hotels

mikeapollo:
Exactly. You can imaging the percentage gain from Ikeja Hotels

Make I give you one expo... Peter the rock is one of the major shareholders there through his company

Omooloriredade:
Just to be clear, the Oando move only happened during the period I stated so what happened in 2021 is immaterial in defining an Oando-like SP appreciation in this context otherwise there would be many other stocks that fall in same category or have produced even far superior returns. You would agree with me that there are many stocks that were kobo kobo in 2021 that have produced returns far in excess of what Oando has delivered. How much was Transcorp in 2021? UCAP nko? Now, you see there is nothing special about the Oando return any longer? The shortness of the duration is what makes it special. A lot of companies have produced incredible returns over a year or more. Now, identifying that stock, taking position before the event is what we are talking about. Except you don't mind taking position 3 to 5yrs before the rerate happens. Not a bad thing by the way. A lot do that here.

When some people make projections, they just pluck a figure out of the air. Not you o. I know many people that can't wrap their mind around billions or trillions. They go - there were a lot of people at the rally, billions. Huh? How na? Wetin be world population again? It number of people they saw was just overwhelming for them. I put it to you that IB at 40k and with the number of shares it had at the time and the structure, size, capacity and players in the brewery market then is different to what we have to day.

Actually, you can't just look at random SPs from the past in isolation without considering other factors. Heavy consolidation and restructuring happened. Like I explained previously, SP change after a consolidation is not SP appreciation. E.g Transcorp will commence trading at N40 when suspension is lifted, then someone comes to tell us how SP went from N1 to N40. See gain?
Please see attached file to understand. The previous public offer before this was in 1999 so I want to believe you were not referring to that one. 2007 PO was at N0.87k. Even then my point still stands.

Now another point you need to understand is that a company can not be valued at such outrageous multiples of it's annual revenue and earnings except in exceptional cases (market & earnings potential support it). N8T puts it in the category of Dangote Cement with annual revenue in trillions of Naira (over N2T in 2023). IB's annual revenue is a pitiably small amount of less than N300B not earnings o (paltry amount since you see it trading at Dangote cement market cap na). Bros, it doesn't work that way for such a company.

What is the combined industry revenue? They (Guinness, NB, IB, Champion et al) struggled to reach the N1.5T mark in 2023. The total addressable market never reach wetin go make IB an N8T MCAP stock anytime in the foreseeable future.

@Mike I lumped other matters not related specifically to you that has always been on my mind so don't take my post personal. I just don't understand why and how people deal with numbers sometimes. Ah! Oando is going to N2000, Transcorp is going to N500. How did you arrrive at that conclusion? Number sounds cool?

megawealth01:

Never say never in NSE/NGX!
Look, both IB and Unity Bank can still do an Oando if there is any sudden foreign acquisition or injection of funds by a major international player. You can never be too sure of these things.
Oando turned around faster because of the ENI deal, even though some of us had realized years back that it was too undervalued for a very long time. Nobody knew that ENI deal was coming!
Any stocks that has remained undervalued and stagnant for a long time can do "an Oando" e.g. Ikeja Hotels was selling around N1.00 some months ago.
The real issue is that we don't know the actual sequence and timing of events so that we could buy and take position just before the steady rise in price begins, unless an insider.

Even Oando itself did not have a straight journey from May to Sep2024. It still went down in May-June 2024. The steady rise started around Jul/Aug after the ENI deal was officially announced as complete.

megawealth01:
Many people here have written UNITY BANK off severally and I don't even want to reply because na my stock be UNITY BANK but Mr Time will do the needful soon and all I will be doing then is what I do while Oando surprised a lot of people even those that claim they bought it and advised others to do same while we all know the truth... I laugh in french. We all know that I always call Oando a gamble. You can also redefine what I call things anyway you want it...

UNITY BANK is proudly my bank so if you una no get mind to lose money just stay away from UNITY

As for international breweries I bought it as an ANAMBRA project just like I did for CUTIX, Fidelity etc and don't mind going down with them. We go drag ourselves tire until the management (IB) decide to either waka comot or continue being in the NGX...

Note

I'm heavy on both just that na UNITY BANK be my main bet.

Thanks to GOD this market doesn't follow emotions or people's hatred of what works and mints raw and fast cash . Time go tell las las

My brother this message isn't for you ooooooo

Anambra project?

That's an interesting point of view to have when it comes to investment

RodgersAkpafu:
Anambra project?

That's an interesting point of view to have when it comes to investment

Yes, I'm very sentimental about anything ANAMBRA either owned by my state or respected persons from my state. I have shares in almost all stocks that are owned by anambraians as investment not for trading na why IB see me trap ooooo

megawealth01:
Yes, I'm very sentimental about anything ANAMBRA either owned by my state or respected persons from my state. I have shares in almost all stocks that are owned by anambraians as investment not for trading na why IB see me trap ooooo

That's interesting
I mean I owe some businesses owned by our people, but it's not because of they are my kinsmen sha

I no dey do "my bloda" when it comes to money

RodgersAkpafu:
That's interesting
I mean I owe some businesses owned by our people, but it's not because of they are my kinsmen sha

I no dey do "my bloda" when it comes to money

I understand you exactly

SonofElElyonRet:
I said Japaul has gold mine next to Segilola's. I never said Japaul has started mining. Japaul has been forthcoming with updates on their journey to mining and refining... read up

There is a difference between inferred and PROVEN. Make JAPAUL display their proven reserves then we'll begin to transfer funds towards their side. How Segilola just went into the hands of the Canadians rather than the public market still dey amazes me (hopefully they list oo).
The kind generational wealth wey dey there nah die. Loans don dey settled with more reserves to explore. I just hope JAPAUL is on the right side of things make they sef benefit from am.

delvzy:
There is a difference between inferred and PROVEN. Make JAPAUL display their proven reserves then we'll begin to transfer funds towards their side. How Segilola just went into the hands of the Canadians rather than the public market still dey amazes me (hopefully they list oo).
The kind generational wealth wey dey there nah die. Loans don dey settled with more reserves to explore. I just hope JAPAUL is on the right side of things make they sef benefit from am.

I don bet on Japaul.. and will still buy more when i have free funds. The prospects are too fantastic to resist. In 4 - 5 years it might be really really huge..

SonofElElyonRet:
I don bet on Japaul.. and will still buy more when i have free funds. The prospects are too fantastic to resist. In 4 - 5 years it might be really really huge..

I get you JAPAUL is a good play but they are still not out of the waters yet. I'm watching them closely anyways due to my background as an Economic Geologist who loves the Mining sector as well as O&G.
The key is to be able to lock in profits as well as pull out. Nah only money wey dey your hand you fit call money.

Trading vs. Investing: Perspectives on Managing Losses

When faced with a losing position in the financial markets, individuals must decide whether to cut losses quickly or average down their position. This decision often hinges on whether one approaches the market as a trader or an investor. Let's explore both perspectives on the question: Is it better to take a 10% loss and exit a trade, or average down after a 50% drawdown?

The Trader's Perspective

Traders typically focus on short-term price movements and employ strict risk management strategies. From a trader's viewpoint, taking a 10% loss is often preferable for several reasons:

1. Risk Management: Exiting at a 10% loss limits downside risk and preserves capital.
2. Capital Preservation: A 10% loss leaves 90% of the initial capital intact for future opportunities.
3. Opportunity Cost: Exiting early frees up capital for potentially better trades.
4. Psychology: Taking a small loss can be easier psychologically than enduring a large drawdown.
5. Recovery Required: A 10% loss only requires an 11.1% gain to break even, compared to a 100% gain needed after a 50% loss.

Traders often adhere to the principle of "cut your losses short and let your profits run," which aligns with taking a smaller, defined loss rather than risking a larger drawdown.

The Investor's Perspective

Investors, on the other hand, typically have a longer time horizon and may view market fluctuations differently. From an investor's standpoint, averaging down after a 50% drawdown might be considered for these reasons:

1. Time Horizon: Long-term investors may view significant drawdowns as temporary setbacks in an overall upward trajectory.
2. Fundamental Analysis: If the underlying value and potential of the asset remain strong, averaging down could be seen as buying at a discount.
3. Dollar-Cost Averaging: Averaging down aligns with the principle of dollar-cost averaging, potentially lowering the overall cost basis over time.
4. Compounding Returns: Staying invested, even through drawdowns, can be crucial for benefiting from long-term compounding.
5. Market Cycles: Experienced investors understand that markets go through cycles, and significant drawdowns aren't uncommon in certain sectors.
6. Income Generation: For income-generating investments, averaging down can increase the overall income stream.
7. Tax Considerations: Realizing a loss might have unfavorable tax implications that long-term investors prefer to avoid.
8. Conviction and Research: Strong conviction based on thorough research might give investors confidence to hold through drawdowns or increase positions.

Factors Influencing the Decision

Regardless of approach, several factors should be considered when deciding between cutting losses or averaging down:

- Overall strategy and risk tolerance
- Specific characteristics of the asset
- Current market conditions
- Reason for the price movement (e.g., temporary volatility vs. fundamental change)
- Individual financial situation and goals

Conclusion

There's no one-size-fits-all answer to whether it's better to exit at a 10% loss or average down after a 50% drawdown. Traders often prefer to limit losses and maintain flexibility, while investors might see significant drawdowns as opportunities to strengthen their positions in fundamentally sound assets.

Ultimately, the decision should align with one's overall financial strategy, risk tolerance, and thorough analysis of the specific situation. Both approaches have their merits, and the best choice depends on individual circumstances and market context.

Copied...

delvzy:
I get you JAPAUL is a good play but they are still not out of the waters yet. I'm watching them closely anyways due to my background as an Economic Geologist who loves the Mining sector as well as O&G.
The key is to be able to lock in profits as well as pull out. Nah only money wey dey your hand you fit call money.

👍

the name Oando always causing oversabi debates here. I hereby ban analysis on oando from this platform for the next 1 week. make we hear about other opportunities coming from the Q3 results expected.

jideflash:
the name Oando always causing oversabi debates here. I hereby ban analysis on oando from this platform for the next 1 week. make we hear about other opportunities coming from the Q3 results expected.

NGX police man will likely resume work next week on Oando. The g guy dey break abi you be the dude ni?

delvzy:
I get you JAPAUL is a good play but they are still not out of the waters yet. I'm watching them closely anyways due to my background as an Economic Geologist who loves the Mining sector as well as O&G.
The key is to be able to lock in profits as well as pull out. Nah only money wey dey your hand you fit call money.

JAPAUL go make you proud like Oando some day...

Disclaimer

Na only the guy I dey talk to as he knows what's up and won't be childish like some persons do here

SonofElElyonRet:
I don bet on Japaul.. and will still buy more when i have free funds. The prospects are too fantastic to resist. In 4 - 5 years it might be really really huge..

Remove might joor and put WILL because it must happen for korokoro eyes of haters of JAPAUL. E go do them vam vam

delvzy:
There is a difference between inferred and PROVEN. Make JAPAUL display their proven reserves then we'll begin to transfer funds towards their side. How Segilola just went into the hands of the Canadians rather than the public market still dey amazes me (hopefully they list oo).
The kind generational wealth wey dey there nah die. Loans don dey settled with more reserves to explore. I just hope JAPAUL is on the right side of things make they sef benefit from am.

As for JAPAUL gold dey am

ositadima1:
Trading vs. Investing: Perspectives on Managing Losses

When faced with a losing position in the financial markets, individuals must decide whether to cut losses quickly or average down their position. This decision often hinges on whether one approaches the market as a trader or an investor. Let's explore both perspectives on the question: Is it better to take a 10% loss and exit a trade, or average down after a 50% drawdown?

The Trader's Perspective

Traders typically focus on short-term price movements and employ strict risk management strategies. From a trader's viewpoint, taking a 10% loss is often preferable for several reasons:

1. Risk Management: Exiting at a 10% loss limits downside risk and preserves capital.
2. Capital Preservation: A 10% loss leaves 90% of the initial capital intact for future opportunities.
3. Opportunity Cost: Exiting early frees up capital for potentially better trades.
4. Psychology: Taking a small loss can be easier psychologically than enduring a large drawdown.
5. Recovery Required: A 10% loss only requires an 11.1% gain to break even, compared to a 100% gain needed after a 50% loss.

Traders often adhere to the principle of "cut your losses short and let your profits run," which aligns with taking a smaller, defined loss rather than risking a larger drawdown.

The Investor's Perspective

Investors, on the other hand, typically have a longer time horizon and may view market fluctuations differently. From an investor's standpoint, averaging down after a 50% drawdown might be considered for these reasons:

1. Time Horizon: Long-term investors may view significant drawdowns as temporary setbacks in an overall upward trajectory.
2. Fundamental Analysis: If the underlying value and potential of the asset remain strong, averaging down could be seen as buying at a discount.
3. Dollar-Cost Averaging: Averaging down aligns with the principle of dollar-cost averaging, potentially lowering the overall cost basis over time.
4. Compounding Returns: Staying invested, even through drawdowns, can be crucial for benefiting from long-term compounding.
5. Market Cycles: Experienced investors understand that markets go through cycles, and significant drawdowns aren't uncommon in certain sectors.
6. Income Generation: For income-generating investments, averaging down can increase the overall income stream.
7. Tax Considerations: Realizing a loss might have unfavorable tax implications that long-term investors prefer to avoid.
8. Conviction and Research: Strong conviction based on thorough research might give investors confidence to hold through drawdowns or increase positions.

Factors Influencing the Decision

Regardless of approach, several factors should be considered when deciding between cutting losses or averaging down:

- Overall strategy and risk tolerance
- Specific characteristics of the asset
- Current market conditions
- Reason for the price movement (e.g., temporary volatility vs. fundamental change)
- Individual financial situation and goals

Conclusion

There's no one-size-fits-all answer to whether it's better to exit at a 10% loss or average down after a 50% drawdown. Traders often prefer to limit losses and maintain flexibility, while investors might see significant drawdowns as opportunities to strengthen their positions in fundamentally sound assets.

Ultimately, the decision should align with one's overall financial strategy, risk tolerance, and thorough analysis of the specific situation. Both approaches have their merits, and the best choice depends on individual circumstances and market context.

Copied...

My story:

I entered the stock market in June this year when I saw the news of Otedola buying large shares of FirstBank. If I remember very correctly, he bought at 21.9 each. I had some decent cash with me at the time. I signed up with Bamboo and pumped my cash into FirstBank. The day I bought the shares, Bamboo displayed the same 21.9 at the share price. So, i tbought I was buying at that price, only for me to discover that Bamboo went to the market to pick the shares at the highest offer available, 23.9. The game was screwed against me right from the onset.

I was new and naive. I stayed glue to my screen day and night, hoping to see that the price had at least matched my cost price. It wasn't going to happen. Rather, panic continued to run through my veins as I watched the price slide further to, I think, 19 ish. Fortunately for me, at this point, I had started studying verociously about the stock market and how it works. I was fairly equiped with how to monitor stocks and identify potentially good ones.

I had CONOIL, MTN, JBerger. OANDO and some others on my watchlist. I bought some quantities of these at fairly good prices. I think my first buy of OANDO was less than N10. As weeks passed, OANDO continued to rise and it got to N15 or thereabout and i also spotted my Otedola at N21ish. It was at this point the delisting court case of OANDO got cleared. I sold off, AT A LOSS, half of my Otedola shares and bought more JB and OANDO.

When the news of the ENI deal was getting concrete, I sold the remaing firstbank shares, ALSO AT A LOSS and pumped the money into OANDO.

I am telling this story to butress your point about traders selling at a loss to exchange a holding for a potentially more profitable entity. I have made more than double of the money I first invested in FirstBank because I was able to count my teeth with my tongue and take that temporary loss.

When people call it jijo or mh here and somehow deride people for making such moves because, according to them, they are strictly INVESTORS, I see it as self righteousness. As long as what you call jijo or mh is not criminal, what right have you to chastise people for it?

People have different reasons for their investment decisions. It is their money and we don't all have the same level of experience and expertise in this thing. We must accord everyone the chance to grow and come of age.

GeeKudi:
My story:

I entered the stock market in June this year when I saw the news of Otedola buying large shares of FirstBank. If I remember very correctly, he bought at 21.9 each. I had some decent cash with me at the time. I signed up with Bamboo and pumped my cash into FirstBank. The day I bought the shares, Bamboo displayed the same 21.9 at the share price. So, i tbought I was buying at that price, only for me to discover that Bamboo went to the market to pick the shares at the highest offer available, 23.9. The game was screwed against me right from the onset.

I was new and naive. I stayed glue to my screen day and night, hoping to see that the price had at least matched my cost price. It wasn't going to happen. Rather, panic continued to run through my veins as I watched the price slide further to, I think, 19 ish. Fortunately for me, at this point, I had started studying verociously about the stock market and how it works. I was fairly equiped with how to monitor stocks and identify potentially good ones.

I had CONOIL, MTN, JBerger. OANDO and some others on my watchlist. I bought some quantities of these at fairly good prices. I think my first buy of OANDO was less than N10. As weeks passed, OANDO continued to rise and it got to N15 or thereabout and i also spotted my Otedola at N21ish. It was at this point the delisting court case of OANDO got cleared. I sold off, AT A LOSS, half of my Otedola shares and bought more JB and OANDO.

When the news of the ENI deal was getting concrete, I sold the remaing firstbank shares, ALSO AT A LOSS and pumped the money into OANDO.

I am telling this story to butress your point about traders selling at a loss to exchange a holding for a potentially more profitable entity. I have made more than double of the money I first invested in FirstBank because I was able to count my teeth with my tongue and take that temporary loss.

When people call it jijo or mh here and somehow deride people for making such moves because, according to them, they are strictly INVESTORS, I see it as self righteousness. As long as what you call jijo or mh is not criminal, what right have you to chastise people for it?

People have different reasons for their investment decisions. It is their money and we don't all have the same level of experience and expertise in this thing. We must accord everyone the chance to grow and come of age.

It's a public forum so allowing people display their home training is valid so the honorable thing to do is simply ignore them especially their stupidity

[quote author=KarlTom post=132495593]Last time I checked, FOI bill is still in place.


Yes bro. And in the bid to exercise freedom of speech, one should not constitute public nuisance

[quote author=Krisuba post=132501199][/quote]

bastardson:
Kindly let me know as soon as you sort it out. I intend to use Bamboo for my Naija stocks as well.

Why dont you just simply open a traditional brokerage account....I open one with Morgan Capital and investment one last two weeks

talking about morgan capital
ive made different buy offers but none is catching eye
why is this?

vefexam:
Why dont you just simply open a traditional brokerage account....I open one with Morgan Capital and investment one last two weeks

I noticed no one is talking about REITS here
is it not profitable?

I see Japaul doing the wonder soon!

mikeapollo:
Never say never in NSE/NGX!
Look, both IB and Unity Bank can still do an Oando if there is any sudden foreign acquisition or injection of funds by a major international player. You can never be too sure of these things.
Oando turned around faster because of the ENI deal, even though some of us had realized years back that it was too undervalued for a very long time. Nobody knew that ENI deal was coming!
Any stocks that has remained undervalued and stagnant for a long time can do "an Oando" e.g. Ikeja Hotels was selling around N1.00 some months ago.
The real issue is that we don't know the actual sequence and timing of events so that we could buy and take position just before the steady rise in price begins, unless an insider.
Even Oando itself did not have a straight journey from May to Sep2024. It still went down in May-June 2024. The steady rise started around Jul/Aug after the ENI deal was officially announced as complete.

This govt and wayo na 5 & 6. Them tell us say seplat/ExxonMobil deal will be approved in a matter of days.
We forget to ask them how many days.
Its almost three weeks yet no sign.

Well T-p... is back, lets see what he does.

Mpeace:
This govt and wayo na 5 & 6. Them tell us say seplat/ExxonMobil deal will be approved in a matter of days.
We forget to ask them how many days.
Its almost three weeks yet no sign.

Well T-p... is back, lets see what he does.

T-p went to get more koboko.

Mpeace:
This govt and wayo na 5 & 6. Them tell us say seplat/ExxonMobil deal will be approved in a matter of days.
We forget to ask them how many days.
Its almost three weeks yet no sign.

Well T-p... is back, lets see what he does.

Who's this TPAIN, is it the singer guy?

vefexam:
Why dont you just simply open a traditional brokerage account....I open one with Morgan Capital and investment one last two weeks

Can this be done from outside Naija?

Modified: I have sent them a mail

megawealth01:
Who's this TPAIN, is it the singer guy?

megawealth01:
Remove might joor and put WILL because it must happen for korokoro eyes of haters of JAPAUL. E go do them vam vam

Na so my bro

Akpaamunsi:
The South West via their frogged eyed city boy and his bunch of urchins who stole and grabbed power just to answer president without capacity, should be held responsible for the bastardization and murder of the Nigerian economy . The Truth is bitter and it hurts, but it must be spoken. If you don't like it, go and hug transformer

this thread is for serious minded individuals,you can carry your bottle and knife to the politics section.