₦airaland Forum

Meerahbel:
Is this based on TA or this just mere sentiments?

Omooloriredade:
Pretty sure you have asked this question before and I infer from your posting you don't see value in Chams. Apologies if that's a wild assumption.

Loco, the Chams ambassador, has been overwhelming us with his "FA' for a while. I suppose you are yet to be convinced.

Unfortunately, I don't have an opinion on the FA yet but Chams remains on my watchlist.

Moniepoint Inc, now valued at over $1B, does remind me of the potential in Chams though so we continue with DD.

Disclaimer - I do not hold Chams (yet) and I'm not recommending a trade.

SonofElElyonRet:
It is based on P.A. prophetic analysis 🤣🤣🤣

shonyboi:
A great deal of investing is on par with the instinct that makes a fish bite on an inedible spinner because it is moving.
The fish reasons: "The last thing I ate was moving, it was good. This thing is moving, it must be good"
The Investor reasons: "The last stock I bought was riding. it was good. This stock is riding, it must be good"

Excerpt from 100 to 1 in the stock market by Thomas W Phelps. He was referenced a lot in "100 Baggers" a solid book recommended by Pa Emma

HesInMe:
Comparing Chams with Moniepoint is so wild, I'm not even going to bother to say why.

Buy Chams if you want. Maybe if they nab a big government gig, the stock will rally. But please stop calling a pig a unicorn.

ositadima1:
I remember when you started, and I admire your dedication—it truly gives you strength. I tried doing all of this myself and failed. It’s not hard, but it’s tedious and requires a lot of commitment. I think some people actually make a living from this. With enough capital, you can even play the markets full-time.

As for me, I’m too lazy and busy at the same time. So, I take shortcuts: I try to gauge market sentiment, watch what the big players are doing, and ride along with them. I’m sure they’re doing all the hard work—running laborious calculations and acting on them. My strategy is to watch the charts and volumes, get a sense of the market, and do the bare minimum, lol.

We all take shortcuts, don’t we? When you bought your car, TV, or computer, I bet you didn’t download the datasheets or analyze the intricate details of each component’s performance. You likely just asked around or checked online, trusting that others had already done the heavy lifting—or simply because they were using those products themselves.

Of course, this method has its flaws. The people you’re polling might be relying on polls themselves, and the whole cycle could be based on a baseless rumor or even manipulation, lol. This is a major problem with technical analysis.

Sorry for the long epistle!

chimex38:
GDP has been rebased again.
I say make I update you.
So you can understand NBS stats better

https://businessday.ng/big-read/article/explainer-what-gdp-cpi-rebasing-means-for-economy/

emmaodet:
Thanks bro for the compliment. It was not easy at all for me but i know i had no choice nor option than to know it and keep going forward. No other option.
When i joined the group early last year, i tried contacting some good monikers here privately to guide and mentor me but they declined and told me to say whatever i want to say here publicly. I wasn't too comfortable exposing myself too much and i understand their fears too, we have to be very careful with kidnappers and scammers in today's nigeria.
So i took the expensive route of self-education and self-reliance. It has always helped me. I worked in an industry full of expats and God bless you, you are not on your A-game, they will mock you and write you off to company that you know nothing. So it is in your best effort to read, read and read manuals, books, online to operate most equipment because the whites especially Ukrainians and Russians won't show you ( especially a black boy they are eager to sack before).
Spent close to $1,000 on courses, videos, tutorials, assignments, YouTube videos too etc and have seen so much improvement in my stock analyzing.

pluto09:
The job you are doing here now reminds me of those good old days of the defunct stock market Nigeria (SMN) . You can't analyze too much, the deeper you dig the better you understand.
I personally appreciate those who take their time to analyze and scrutinize company financial reports.

designking:
So what is the new GDP of Nigeria?

Bagwa:
Oando responded

emmaodet:
Exactly bro.
The deeper you dig, the better you become.
There are stocks i bought early last year have sold off now as i get better, when i started seeing the flaws in them.
I am gradually rebalancing my portfolio

KarlTom:
Nice one

KarlTom:
Nice one

megawealth01:
What exactly did Wale say?

Streetinvestor2:
What is nice.

Streetinvestor2:
Wale is just a fraudulent person.

HesInMe:
Comparing Chams with Moniepoint is so wild, I'm not even going to bother to say why.

Buy Chams if you want. Maybe if they nab a big government gig, the stock will rally. But please stop calling a pig a unicorn.

megawealth01:
What exactly did Wale say?

emmaodet:
Thanks bro for the compliment. It was not easy at all for me but i know i had no choice nor option than to know it and keep going forward. No other option.
When i joined the group early last year, i tried contacting some good monikers here privately to guide and mentor me but they declined and told me to say whatever i want to say here publicly. I wasn't too comfortable exposing myself too much and i understand their fears too, we have to be very careful with kidnappers and scammers in today's nigeria.
So i took the expensive route of self-education and self-reliance. It has always helped me. I worked in an industry full of expats and God bless you, you are not on your A-game, they will mock you and write you off to company that you know nothing. So it is in your best effort to read, read and read manuals, books, online to operate most equipment because the whites especially Ukrainians and Russians won't show you ( especially a black boy they are eager to sack before).
Spent close to $1,000 on courses, videos, tutorials, assignments, YouTube videos too etc and have seen so much improvement in my stock analyzing.

SonofElElyonRet:
Must you be so uncharitable about chams?

Omooloriredade:
Chai!!! Too much zeal. Be calming down......haha.

A single sentence that says next to nothing about the exact potential in Chams I refer to led you to these conclusions my disclaimer notwithstanding?

ceelog:
How come no analyst is commenting on Sunu assurance shares? The rate of decline in price is unbelievable. Something is wrong somewhere.

HesInMe:
It was meant figuratively. (There's a saying, 'If you put lipstick on a pig, it's still a pig.') I have nothing against Chams personally, and I think I've been balanced in my comments on the stock.

But their numbers don't lie. It's a 20% gross margin business. If you walk out of your house, you'll pass by many businesses with better fundamentals. Tech companies traditionally have margins exceeding 40% (hardware) or 80% (software).

And it's not Moniepoint.

HesInMe:
Pee. Let me give you the floor. Tell us more about this Moniepoint-size potential you see in Chams.

Omooloriredade:
Unfortunately, I can't seem to find a justification for engaging further on Chams and on said potential. To what end I asked myself? If you read my initial post but didn't seek to understand the first time, what is the guarantee you will see my perspective no matter how hard I shalaye.

I can't match your energy today. Chams na pig abeg.

HesInMe:
Don't take it personally na. If it helps, pretend that you're educating the group.