₦airaland Forum

Babygal2020:
Could a kind boss here guide me in Nigerian stock market?

I'm just a hustling lady. Please help. I don't know which of the stocks to buy.

faoogoke:
I am surprised that no one is asking after the Ellah Lakes Oil mIll that was supposed to be commissioned last month end

megawealth01:
You don take this babe away from AGBA reach

Mankind2024:
@Megawealth, did you see the Richard Templar audiobook I dedicated to you? No acknowledgment.
Na woman matter dey sweet you.
Anyway, Investors are faithful, they don't double-date or cheat. I wouldn't try that with Agbalowomeri. If I did, how would I maintain tax compliance and grow my portfolios?
As i no dey see Double bottom on charts.
My principle is strictly fundamental. If i take the Lady from Agba, how i go take retrace and extend at the signal point of fibonacci not to talk of getting lost in Ichimoku Tenkan-Sen, Kijun-Sen, Senkou-Span A/B, and the final Lagging Span.
Pls and pls, make u no cause Kasala btw me and Agba.

EDUECO:
The oil mill is inconsequential!

What matters is that Ellah lekos must get to 100 Naira before December.

EDUECO:
Does Bamboo App show real time trade for US stocks just like Morgan iTrade live trade?

leo1234:
Risky but highly rewarding. 😬

Congratulations to those in the bus.

gmart:
No, it doesn’t.

leo1234:
Risky but highly rewarding. 😬

Congratulations to those in the bus.

SonofElElyonRet:
If it's really unrepairable and ultimately unprofitable to acquire as you say, why would government believe they'd get a buyer? Ojulari of all people should know and he boldly said the refineries will be sold

p.s. looks like your 3 week ban on me has expired... Just a heads up because I intend to, without discrimination, continue to comment on any post I have an opinion about

Streetinvestor2:
Me thinking aloud concerning ngx.Sometimes thr is multiplier effect when things happen. I hope the burst of one company does not send mistrust to new comers into ngx which may create bloody red on ngx. It will equally affect me oh.The regulators need to sit up to thr responsibilities on time

EDUECO:
I think this is fantastic! So continuous reinvestment is going to pay the trader in the long run; this is an indefinite compounding of your starting capital.

faoogoke:
I am surprised that no one is asking after the Ellah Lakes Oil mIll that was supposed to be commissioned last month end

fashionnisir:
the stock brokers are to start developing means to be able to revist when sales are made to avold funds hitting the bank account to avold faxing it. some thing like drip for investing in us stock exchange.

Mankind2024:
I dedicate this video clip to my humble self, celebrating another milestone, my perseverance, discipline, focus, and consistency in adhering to the principles of long-term investing through compounding. By avoiding speculation, trading, and betting, I've strictly adhered to fundamental analysis of the Magnificent 7 stocks, and SPDR S&P 500, embracing the marathon journey I've undertaken since 2023. It is not EASY! The marathon continue, victoria



https://www.youtube.com/watch?v=iVF16Qk9jGQ?si=Sm6vouXngcGPRPOP

gmart:
This is how you peddle cheap lies because you have ties to certain platforms. Trades that are executed on NGX with trade alerts sent by CSCS how is Bamboo playing you? The average cost computation is done based on the lifetime cost of any security in your portfolio. I found it very helpful and a lot of traders have even requested for it to be brought back (I attached screenshots I just pulled from Twitter)

How do you disparage a platform on a public forum based on false information? Bamboo today is the leading stock investment app (for local & foreign stocks) for retail investors in Nigeria, if you want to sleep well at night then I’d recommend you pick them. I’ve used the app for years trading US stocks and I’ve never had an issue.

zendi:
Where are the tranches 1$2 Oando redistribution units ?

Where are the 10 Blue Economy trawlers tantalizers said would arrive by May end ?

Relax, promise and delay for NGX no be today, and no be only Chuka.

Kesta22:
Good day house. Please recommend 2 or 3 dividend paying stocks and 3 non dividend paying stocks that has potential for growth, aside banks?

ositadima1:


From a TA perspective, EllahLakes [b]may[/b drop to ₦7. It’s been moving without strong backing, and I think it could come down to ₦7 and oscillate between ₦7 and ₦9 until a major driver emerges again.

Remember, fundamentally, at ₦12.60 per share, the company should either be paying around 90 kobo in dividends or generating free cash flow close to ₦3 billion, given its current outstanding shares.

Don’t get carried away — take profit while you can.

ositadima1:


From a TA perspective, EllahLakes may drop to ₦7. It’s been moving without strong backing, and I think it could come down to ₦7 and oscillate between ₦7 and ₦9 until a major driver emerges again.

Remember, fundamentally, at ₦12.60 per share, the company should either be paying around 90 kobo in dividends or generating free cash flow close to ₦3 billion, given its current outstanding shares.

Don’t get carried away — take profit while you can.

EDUECO:
Ololos

If everyone takes profit in Ellah lekos,then the stock may go back to 2 Naira.

Ellah lekos is on its way to 100 Naira.

I laugh in Chinese
笑

Erniemax101:
I have said it a billion times here, avoid Bamboo. If you want, I can post the silly explanation they gave me on how they calculate your average cost. If bamboo users on here take out time to do the maths, they will realize that they've been played.

gmart:
This is how you peddle cheap lies because you have ties to certain platforms. Trades that are executed on NGX with trade alerts sent by CSCS how is Bamboo playing you? The average cost computation is done based on the lifetime cost of any security in your portfolio. I found it very helpful and a lot of traders have even requested for it to be brought back (I attached screenshots I just pulled from Twitter)

How do you disparage a platform on a public forum based on false information? Bamboo today is the leading stock investment app (for local & foreign stocks) for retail investors in Nigeria, if you want to sleep well at night then I’d recommend you pick them. I’ve used the app for years trading US stocks and I’ve never had an issue.

Erniemax101:
Hey man, just to be clear—we’re not fighting. I’m a lifelong learner and always open to being corrected, so no hard feelings at all.

That said, I’ve got a question: let’s say I buy Oando stock, then sell everything and completely exit the position. Later on, if I decide to buy the stock again, does my average cost start fresh, or will it include the previous transactions from the past that I’ve already closed out? Please I want the house input on this,

Erniemax101:
I’m a Delsu Abraka X-Boy who grew up in Benin, go and ask, we nor dey fear face. If I had ties with other platforms, I’d own it with my full chest. That said, let’s focus on the real issue here.

I’ve asked a straightforward question, and for transparency’s sake, I’ve even attached my correspondence with the Bamboo app for your review. Like I mentioned before, I might be wrong and I stand corrected if that’s the case. I genuinely believe that what we don’t know is often bigger than us, which is why I always approach things with a learner’s mindset.

Now, here’s the question again: if I previously bought a stock and sold it. meaning the transaction is fully closed and I later decide to buy that same stock again, does my new purchase inherit the average cost from my past transactions?

According to the Bamboo team, it does, but I strongly doubt that. If the answer is yes, then fine, lesson learned. But from my experience with Morgan Capital, I’ve never seen this kind of calculation carried over like that.

Please take the time to read the attached correspondence carefully. I’m open to clarity, but I’m also calling things as they appear.

mikeapollo:
Your average cost will start afresh if you sold everything completely from the previous transaction.
The calculation is based on a moving weighted average but it will start afresh after you sold everything and closed out.