₦airaland Forum

Agbalowomeri:
Means bank bears is around the corner in the coming months

RSI is not forming new high the same way price is forming new high

Am I a contrarian?

I truly hope price of bank stocks come down

Top tier tool

Agbalowomeri:
RSI-NGSEBNK10 divergence: on the weekly and Monthly

Double top
Distribution
Enjoy

thesilentone:
Valid.

These scenarios may well happen to the global market, given the unpredictable nature of Trump but the initial poster referred to the NGX specifically. The peculiarities of NGX ought to be factored in when suggesting a rug pull of 20% for the ASI.

I trade what I see not what I want to see.

Contrarians are right when they are, the challenge is the timing. Trend following is a safer bet.

I also don’t foresee an overall 20% correction in the NGX but maybe in oil stocks

In the stock market it is good to know where you belong - Trading, Speculating or Investing...
Whoever understands this will play the game accordingly and SWAN!

Good morning everyone. I tried deposited money into my Stanbic stockbroking account since Thursday but it's yet to reflect there. I called their customer about it yesterday and the attendant confirmed the payment but I still can't see anything as at this moment.

This is my first time and I wonder if this is how difficult it is to fund on the platform. Kindly help please on how to expedite the process.

HesInMe:
Careful. Banks aren't typically valued using price-to-earnings (P/E) ratios and almost always trade at a deep discount to market P/E. So a low P/E doesn't necessarily mean they are cheap.

Price-to-book (P/B) is a better metric. Banks are asset-heavy, and most of those assets are financial, so their P/Es are particularly sensitive to accounting adjustments like loan-loss ratios and revaluations. Think Oando's accounting on steroids.

If you want to bet on banks now, I'd look at the ones that are still growing their more predictable fee income.

There is a relationship between PE and PB.


The price/book value multiplied by the reciprocal of the return on equity will give the PE

Picky1:
In the stock market it is good to know where you belong - Trading, Speculating or Investing...
Whoever understands this will play the game accordingly and SWAN!

It's game 😁

nosa2:
I truly hope price of bank stocks come down

As in eh especially Access Bank. I am still loading and will keep loading at every time they get to my bargain entry while they keep buying and never should stop the endless acquisitions

megawealth01:
As in eh especially Access Bank. I am still loading and will keep loading at every time they get to my bargain entry while they keep buying and never should stop the endless acquisitions

A fish that endlessly keep its mouth open to swallow every object it sees will surely swallow a hook one day..

DeRuggedProf:
A fish that endlessly keep its mouth open to swallow every object it sees will surely swallow a hook one day..

I understand your parable. I prefer that ACCESS BANK any day any time

Access and Oando have similar effect on some people

megawealth01:
I understand your parable. I prefer that ACCESS BANK any day any time

This is a side-by-side comparison of Presco and DangCem. I aimed to use the moving data points to gain insights quickly and efficiently in terms of time and effort. Presco has outperformed DangCem, with nearly three times the compounded growth in earnings per share. Unsurprisingly, Presco also performed better across all margins.

In the "droop section," I analyzed the actual portion of revenue allocated to different levels of the business, which collectively add up to 100% of revenue. Presco allocated a slightly higher portion of its revenue to interest and taxes. Could this indicate that DangCem is more effective at managing its tax obligations?

At one point, Presco almost doubled its revenue—can you believe that? I think I missed the CAGR for equity growth line, which could be a useful metric to include here.

Note that "droop" is just a term I borrowed because it sounds so good. It’s originally related to running generators in parallel and having them share the load based on each generator's capacity.

I haven't been able to find the component weightings of the ASI.

For example, what is the % of the NGX Banking in the ASI.

Who can help? Thanks

DeRuggedProf:
A fish that endlessly keep its mouth open to swallow every object it sees will surely swallow a hook one day..

E ku agba

You need an element of all 3 to be honest. I don’t see why someone should limit themselves to just one aspect.

I’m a huge fan of Buffet & Charlie Munger, their videos always come up as suggestions, and I’ve watched many of them over the last couple of months, I like their philosophy, not just on the market but for life in general.
Doesn’t mean that’s the only way to play the market, one can argue his buy and hold strategy of value businesses is too conservative. Someone like him would have never invested in a Tesla or Nvidia which have returned 1000%+ over the last 5 years.

For those familiar with the US market, I’m an even bigger fan of Stanley Druckenmiller, who has a different position, he’d sell a losing position and plays the market over 12-18 months. Both billionaires with different strategies.

One thing that they have in common that I’ve picked from them and it’s working so far is that they don’t believe in the famous “diversify your risk” saying. They are big believers in taking fewer bets but going in big in what they believe in

Picky1:
In the stock market it is good to know where you belong - Trading, Speculating or Investing...
Whoever understands this will play the game accordingly and SWAN!

Tradospecuvestor

Sunrisepebble:
You need an element of all 3 to be honest. I don’t see why someone should limit themselves to just one aspect....

Raider76:
Access and Oando have similar effect on some people

I prefer my Access to Oando ooooo

megawealth01:
I prefer my Access to Oando ooooo

Lol.

megawealth01:
I prefer my Access to Oando ooooo

I noticed something there o. My access vs Oando I thought you have a bag in Oando as well

Sunrisepebble:
You need an element of all 3 to be honest. I don’t see why someone should limit themselves to just one aspect.

I’m a huge fan of Buffet & Charlie Munger, their videos always come up as suggestions, and I’ve watched many of them over the last couple of months, I like their philosophy, not just on the market but for life in general.
Doesn’t mean that’s the only way to play the market, one can argue his buy and hold strategy of value businesses is too conservative. Someone like him would have never invested in a Tesla or Nvidia which have returned 1000%+ over the last 5 years.

For those familiar with the US market, I’m an even bigger fan of Stanley Druckenmiller, who has a different position, he’d sell a losing position and plays the market over 12-18 months. Both billionaires with different strategies.

One thing that they have in common that I’ve picked from them and it’s working so far is that they don’t believe in the famous “diversify your risk” saying. They are big believers in taking fewer bets but going in big in what they believe in

You are correct....however, Warren and Charlie will never chase a stock when everyone is rushing in, they wait for it to come to them after extensive analysis/due diligence!
They enter at the ground floor as in planting the seed-tree and watching it grow, pruning it (profit taking) at intervals and watering it at dry season (buying back when traders/speculators are selling). Bros, the name of the game is patience - do we have it?
Anyways, you will be surprised that some people here (may be you) are in high price stocks but their BE price in some cases are almost nothing!!!

CHAI

Picky1:
You are correct....however, Warren and Charlie will never chase a stock when everyone is rushing in, they wait for it to come to them after extensive analysis/due diligence!
They enter at the ground floor as in planting the seed-tree and watching it grow, pruning it (profit taking) at intervals and watering it at dry season (buying back when traders/speculators are selling). Bros, the name of the game is patience - do we have it?
Anyways, you will be surprised that some people here (may be you) are in high price stocks but their BE price in some cases are almost nothing!!!

Costain!
Afroil!
Premier Paints!
Peter Ololo!

In memory of all those that once gave us "bastard" money.

mendes911:
Costain!
Afroil!
Premier Paints!
Peter Ololo!

In memory of all those that once gave us "bastard" money.

Exactly the point....unlike the Lord, the stock market will not forgive those who know not what they are doing - Warren Buffet!

megawealth01:
I prefer my Access to Oando ooooo

I prefer my Oando to Access.

mendes911:
Costain!
Afroil!
Premier Paints!
Peter Ololo!

In memory of all those that once gave us "bastard" money.

Not forgetting Capital Oil, Bank PHB, International Energy Insurance and other too numerous to remember

And the following Private Placements where investors have hundreds of Billion of Naira trapped for 18 years or thereabout, no divided, no capital appreciation, some are yet to give share certificate to investors.

IGI
Rigg Ventures
Aquitaine
Big Treat
Geo fluid
Tetrazzini
And many others.


Thank God for home training, I did not invest in any of the listed stocks and investments

Picky1:
Exactly the point....unlike the Lord, the stock market will not forgive those who know not what they are doing - Warren Buffet!

Because of their past experience some investors have vowed not to go near the stock market again

.
Some investors looking for quick money then died of strokes, high blood pressure and other sicknesses due to the losses they suffered

Reason why it is good to invest in what you understand and can easily explain how the business makes money and how it will continue to grow

"Valuefront" get home training but he still "invested" and made money from some of these companies.

I remember the retiree wno turned N1 million to N20 million within few months after attending a seminar in 2005 using the buy and sell signals of the seminar organizers.

Until village people pushed Baba to sell his house, used the proceeds and N20 million profit to invest in highly speculative positions and private placements.

The shock of getting trapped and losing all his capital made the old man to develop stroke in 2008 and died 4 years after almost penniless

emmanuelewumi:
Because of their past experience some investors have vowed not to go near the stock market again

.
Some investors looking for quick money then died of strokes, high blood pressure and other sicknesses due to the losses they suffered

Reason why it is good to invest in what you understand and can easily explain how the business makes money and how it will continue to grow

While it is best practice to invest in stocks that you understand their business, but that doesn't guarantee success. Remember that debt almost swallowed WAPCO and Flour mills before they were able to turn things around (and this was after they did several right issues). Same goes for the very popular Dangote Flour. They could have gone under by now.

mendes911:
While it is best practice to invest in stocks that you understand their business, but that doesn't guarantee success. Remember that debt almost swallowed WAPCO and Flour mills before they were able to turn things around (and this was after they did several right issues). Same goes for the very popular Dangote Flour. They could have gone under by now.

But you understand how they make money, the percentage of their operating profit when compared to their total debt to know if their profit can service the debts. Are the debts growing, margins getting thinner, efficiency reducing etc.

Good day, everyone,

I understand that FCMB public offer shares have been allotted. How can I check my allotment?

Also, is there any timeline for when Fidelity Bank shares will be allotted?