₦airaland Forum

Streetinvestor2:
Till u announce u don enter market for now na content creator I sabi u..lol

If I see Zenith @35-40 I fit dey tempted

Agbalowomeri:
Lol if it doesn't reach my junction I no dey enter
You are however free to create your own happiness

Does it mean you don't have any stocks in your NGX portfolio that has fallen in price, so far?
If there is, then you are also in the red.

Agbalowomeri:
If I see Zenith @35-40 I fit dey tempted

Till then for now on his MANDICK u shall stand. It is still sleeping..lol.
No use people salaries play the game this yr because people can go native this time around as per hunger and poverty level

mikeapollo:
Does it mean you don't have any stocks in your NGX portfolio that has fallen in price, so far?
If there is, then you are also in the red.

Lol e don fall from 25k to 15k

Agbalowomeri:
If I see Zenith @35-40 I fit dey tempted

Not going to happen

Oando has met minimum requirement for a wave 2, even though 41.7 key level was not broken, the push we've weve seen was from 42 region. From an Elliot Wave perspective, the asset can either reverse from close to 42 again follwoing a potential 2nd and 3rd test or it will break 41.7 towards 40 region before a reversal. The reason for this is simple, there is liquidity to be grabbed at those levels. its all about the money. Dyor

ref:
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/9737#137295110
ewnation/trial - join ewnation 7 day trial only for 1us,limited offer
ewnation/ngx

Agbalowomeri:
Lol e don fall from 25k to 15k

You better join us to tell Taiwo and his master that they better suspend that CGT thing before it is too late!
Otherwise, the ''kasala'' go reach city, town, village and hamlet....everybody everywhere

nosa2:
Not going to happen

Of course it won't happen tomorrow

mikeapollo:

You better join us to tell Taiwo and his master that they better suspend that CGT thing before it is too late!
Otherwise, the ''kasala'' go reach city, town, village and hamlet....everybody everywhere

Na only the rich like una go cry

nosa2:
Not going to happen

Na day dream dey worry him

Agbalowomeri:
If I see Zenith @35-40 I fit dey tempted

Are you saying you’re the only one who likes a good bargain or what? Before it even gets there, people will start buying. The only way it gets to that level is if there’s a serious problem with the bank or with Nigeria as a whole. Some stocks may fall, but the good ones will hold their ground.

Do you think you’re the only one with a bullion van waiting for price drops? Maybe your problem is anchoring, I’ve noticed you tend to anchor to old prices, probably because you’re used to them. But we’ve told you before that things have changed. One bottle of Hero beer is now ₦1,000, it’s not going back to ₦300. You can keep anchoring and waiting for it at ₦300 if you like.

Agbalowomeri:
Na only the rich like una go cry

Really? You mean only the ''rich'' have stocks that would fall in price?
It is the so called ''rich people'' who trade in large volumes (i.e. provide liquidity) in the market that enables the ''not-so-rich people'' to also trade and make profits and gains.
Once a section of the market is affected, others will be affected too. It is not only about the CGT. It is also because prices and trades will fall drastically

mikeapollo:

You better join us to tell Taiwo and his master that they better suspend that CGT thing before it is too late!
Otherwise, the ''kasala'' go reach city, town, village and hamlet....everybody everywhere

The CGT will not affect everyone.
Someone like Agba has sold all, waiting to reenter the market at at his own convenience.
You also can sell and follow him to escape paying heavily for CGT.

ositadima1:
Are you saying you’re the only one who likes a good bargain or what? Before it even gets there, people will start buying. The only way it gets to that level is if there’s a serious problem with the bank or with Nigeria as a whole. Some stocks may fall, but the good ones will hold their ground.

Do you think you’re the only one with a bullion van waiting for price drops? Maybe your problem is anchoring, I’ve noticed you tend to anchor to old prices, probably because you’re used to them. But we’ve told you before that things have changed. One bottle of Hero beer is now ₦1,000, it’s not going back to ₦300. You can keep anchoring and waiting for it at ₦300 if you like.

Don't take all his words for what it is

ositadima1:
Are you saying you’re the only one who likes a good bargain or what? Before it even gets there, people will start buying. The only way it gets to that level is if there’s a serious problem with the bank or with Nigeria as a whole. Some stocks may fall, but the good ones will hold their ground.

Do you think you’re the only one with a bullion van waiting for price drops? Maybe your problem is anchoring, I’ve noticed you tend to anchor to old prices, probably because you’re used to them. But we’ve told you before that things have changed. One bottle of Hero beer is now ₦1,000, it’s not going back to ₦300. You can keep anchoring and waiting for it at ₦300 if you like.

But dividend will not anchor na
Do you expect Zenith to pay N6 final dividend?

pluto09:
The CGT will not affect everyone.
Someone like Agba has sold all, waiting to reenter the market at at his own convenience.
You also can sell and follow him to escape paying heavily for CGT.

The CGT will affect everyone because prices will drop drastically when liquidity evaporates in the market.

I can only sell based on my strategic needs and projections, for now. Every investor is not the same.
I cannot just sell off everything just because a clueless and gullible govt. has come to disrupt the market because they want to extort investors.

pluto09:
The CGT will not affect everyone.
Someone like Agba has sold all, waiting to reenter the market at at his own convenience.
You also can sell and follow him to escape paying heavily for CGT.

Why I no go wan pay CGT if I see ACCESS @10, ZENITH @25, GTCO @35, NAHCO @40

mikeapollo:
I can only sell based on my needs and strategic projections, for now. Every investor is not the same.
I cannot just sell off everything just because a clueless and gullible govt. has come to disrupt the market because they want to extort investors.

You don't want to sell before January and you don't want to pay CGT.
wish you well

The list of non-dividend-paying firms cuts across sectors: Consumer Goods: DN Tyre & Rubber, Golden Guinea Breweries, Multi-Trex Integrated Foods, Union Dicon, Nigerian Enamelware, International Breweries

Insurance: Royal Exchange, African Alliance Insurance, Regency Assurance, Staco Insurance, Universal Insurance; ICT: Omatek Ventures, NCR Nigeria, Chams Holding Company, e-Tranzact International; Healthcare: Ekocorp, Morison Industries, Pharma-Deko; Industrial Goods: Premier Paints, Austin Laz & Company, Greif Nigeria Plc

Financials: Aso Savings & Loans, Deap Capital Management & Trust; Others: Secure Electronics (formerly National Sports Lottery), Thomas Wyatt Nigeria (no dividends since 2007), Daar Communications (none since listing in 2008)

Some of these companies, such as Royal Exchange, Staco Insurance, Morison Industries, and Omatek, have gone over a decade without declaring dividends.

Agbalowomeri:
Why I no go wan pay CGT if I see ACCESS @10, ZENITH @25, GTCO @35, NAHCO @40

😂

pluto09:
You don't want to sell before January and you don't want to pay CGT.
wish you well

I cannot sell EVERYTHING in my portfolio. E get why!
But I can sell SOME for my strategic needs and projections, while I keep the rest because I know this govt and CGT cannot last forever.

Otedola's boys seriously defending FBNH....

** All these Trump invasion fear will still go last las....
There are rules and protocols to any country intervening in another's affairs....
While condemning genocide in it's entirety, I still don't expect any country to just barge into another just like that...
They must have gotten to some level of dialogue or order breakdown

** Concerning CGT, only the super rich are afraid, they want to keep collecting but not ready to sacrifice anything, they are altogether corrupt....they want to keep fleecing on the country..........
If you make huge gain, the right thing is to also pay your tax.....
All these Tax shouting upandan, they pay ridiculous ones outside the country but don't want to pay here, e no go work like that.
NGX will be fine at the end of the day.

Agbalowomeri:
Make una dey calm down o

The red you see yesterday na Fanta

Atarodo red ♥️ is coming

You go fain red paint join

kintus:
Okay.....the THEME of my message is a bit different from the response, but your feedback is still helpful.
Your recommendation - OF BUYING THE RED - should be the loudest - instead of the mockery and the taunting.

Remember what the Gospel says about people with such character. Ref: Proverbs 24:17-18, Romans 12:15.

Thank you, Boss.

Sorry if my response was harsh in anyway. Don't worry yourself bro, once you know you have a solid dividend paying stock, the market will become more rational by February. No need going to the market to view red, which will mess up your emotions, allow it to bottom out and then buy more if you have cash or wait for the next season.

We are all learning. One new strategy I will start implementing is reducing my exposure in stocks I have poor margin of safety in seasons like this.

chimex38:
You go fain red paint join

Anyone following Agba, his comments and these fear monger moneybags here are on a long thing....

Agba is looking for bargain by all means....
So what do we expect to be his comments around this time?
Trump and CGT supposedly helping his ministry.....
We go all dey alright Las las.

Unrelated... I'm just thankful I'm out of transpower

There is also the possibility of a lull or inactivity in the market especially for blue chip stocks because of the CGT. For instance, what would be the motivation of anyone to bring out money to move the price of PRESCO, Nestle NAHCO etc? Though there may be plenty offers, who would be the buyers and what could possibly be their motivations?

pluto09:
Don't take all his words for what it is

Exactly..
bearish master with a touch of cruise

Ginalex:
Unrelated... I'm just thankful I'm out of transpower

That trauma no be here

yMcy56:
Anyone following Agba, his comments and these fear monger moneybags here are on a long thing....

Agba is looking for bargain by all means....
So what do we expect to be his comments around this time?
Trump and CGT supposedly helping his ministry.....
We go all dey alright Las las.

You suppose dey on side o