₦airaland Forum

The wait is so tiring

Sunrisepebble:
Where are the banks results ?

SonofElElyonRet:
Hope you dey take profit sha?

im new to the stock market and i use cowrywise app . How do i take profit as u mentioned?

verminnel:
im new to the stock market and i use cowrywise app . How do i take profit as u mentioned?

Sell your stock when in profit, That is what take profit is.

isaacosas01:
I understand you can’t share proprietary knowledge publicly. I pray you keep winning.
You inspire me to take the NGX seriously, your numbers are unreal! Well-done!

On market outlook, March was flat, what do you think Q2 on the NGX will bring?

March has historically been one of my slowest months.

I expected it.

I think barring any new listings, and barring recovery on AIRTELAFRI, the index will do
185 - 225k
Or more narrowly 190 - 210.

We can still trade the swings. 😁

Long termers may find the quarter boring.

GeeKudi:
The wait is so tiring

The results are coming soonest like thieves in the night.

Latest this coming Friday. At least 3 from FUGAZ.

isaacosas01:
Sell your stock when in profit, That is what take profit is.

ok thanks

awesomeJ:
Q1 2025, I started with a N2m portfolio, and then took loans at up to 156%, now i reject loan offers, I even reject money from friends at 0% cost

God is awesome!

This is not only beautiful, it is a great achievement. Both the brokers and banks will definitely be happy with you. You are indeed a big oga. I will like to learn from you. Congratulations on this achievement.

Teenaira:
This is not only beautiful, it is a great achievement. Both the brokers and banks will definitely be happy with you. You are indeed a big oga. I will like to learn from you. Congratulations on this achievement.

Thank you sir/ma 😁

verminnel:
im new to the stock market and i use cowrywise app . How do i take profit as u mentioned?

Sell to realize your profit , either partly or wholly. However if you are trying to build up your portfolio size , you may take very little or no profit

awesomeJ:
Guys, I have some preliminary Q1 numbers for my trading, they're pretty compared to last quarter.

N1.65bn with 2.16% net margins traded compared to N669m at 1.32

the quarter still does have 2 more days sha, but i just finished vibe coding this income statement feature so I'm happy to share.

Full quarter volume will be above N1.7b with earnings likely to top N37m

I paid N1.3m for just stamp duties alone

AwesomeJ, thanks for sharing. I commend your investment courage.
Would you most kindly please with respect to your shared statement, kindly clarify the following:

1. Is your referenced sales revenue the same as the sum of stocks that were “sales” made from the total transactions of 1.65 billion and the rest purchases?
2. Were the transaction fees the same in sales as in purchases?
3. Please explain the terms spot P & L, unrealized, and realized P&L

Can I assume that profits were recognized only on attaining on average, the quoted margins above transaction fees?

I would appreciate your further feedback. Thank you for your attention, sir.

aj8:
AwesomeJ, thanks for sharing. I commend your investment courage.
Would you most kindly please with respect to your shared statement, kindly clarify the following:

1. Is your referenced sales revenue the same as the sum of stocks that were “sales” made from the total transactions of 1.65 billion and the rest purchases?
2. Were the transaction fees the same in sales as in purchases?
3. Please explain the terms spot P & L, unrealized, and realized P&L

Can I assume that profits were recognized only on attaining on average, the quoted margins above transaction fees?

I would appreciate your further feedback. Thank you for your attention, sir.

Good evening sir.

1. Yes sir. N831m sales and N815m purchases (reinvestment for the purpose of tax 😁) for total N1.65bn trades

2. The transactions fees are set to a total of 2.3% round trip. Buy side is about 0.9175% statutorily, sell is 1.2175% for a total of 2.135%, this 2.135% is what I add to whatever my entry price is to get my BEP. I add another 0.165% to cover the cost of X-Alert as well as the little markup on the selling prices. (I added an asterisk with a corresponding footnote on that line in the cost break down) I spoke about how getting an exact percentage can be tough especially with X-Alert. So I use 2.3% for now. I might refine the calculation whenever I'm in the mood to code again, but for now 2.3% works just fine.

1. Spot are gains that I made from positions that I entered and exited within the reporting period. If it's a weekly report for instance, my spot gains are gains I made from positions I opened that week and exited that same week. It's my favorite

2. Realized gains are from positions I exited in the review period, but opened prior to that period

3. Unrealized gains (paper profit) are gains from positions I opened in the period but am yet to exit. They're my least favorite.


In Q4'25, I had negative realized gains, cos I had to exit some positions at a loss in November.


I'm glad you're paying attention to my small report.

I hope I was able to provide the answers you wanted.

awesomeJ:
Good evening sir.

1. Yes sir. N831m sales and N815m purchases (reinvestment for the purpose of tax 😁) for total N1.65bn trades

2. The transactions fees are set to a total of 2.3% round trip. Buy side is about 0.9175% statutorily, sell is 1.2175% for a total of 2.135%, this 2.135% is what I add to whatever my entry price is to get my BEP. I add another 0.165% to cover the cost of X-Alert as well as the little markup on the selling prices. (I added an asterisk with a corresponding footnote on that line in the cost break down) I spoke about how getting an exact percentage can be tough especially with X-Alert. So I use 2.3% for now. I might refine the calculation whenever I'm in the mood to code again, but for now 2.3% works just fine.

1. Spot are gains that I made from positions that I entered and exited within the reporting period. If it's a weekly report for instance, my spot gains are gains I made from positions I opened that week and exited that same week. It's my favorite

2. Realized gains are from positions I exited in the review period, but opened prior to that period

3. Unrealized gains (paper profit) are gains from positions I opened in the period but am yet to exit. They're my least favorite.


In Q4'25, I had negative realized gains, cos I had to exit some positions at a loss in November.


I'm glad you're paying attention to my small report.

I hope I was able to provide the answers you wanted.

Yes, Thank you. Simply brilliant. 👍

The stock market is a game where people become billionaires or paupers... IT all depends on how you PLAY

Is it possible to have become a pauper in the last 3 years of this market ?

megawealth01:
The stock market is a game where people become billionaires or paupers... IT all depends on how you PLAY

I go lie for you

Sunrisepebble:
Is it possible to have become a pauper in the last 3 years of this market ?

If you bought high

SonofElElyonRet:
If you bought high

The guy that bought Ellah lakes at N17 is not having fun

nosa2:
The guy that bought Ellah lakes at N17 is not having fun

Or you bought OandO at N90

But the two companies have something in common...😄

Lesson... avoid loss making companies, the headache is not worth it.

pluto09:
Or you bought OandO at N90

Stockhunter:
But the two companies have something in common...😄

Lesson... avoid loss making companies, the headache is not worth it.

But remember, it is the loss making status that makes them available/affordable..
When they cease loss making you pay the premium to those who bought them in loss making.

Jeff Bezos said Amazon reported losses for 11 years while he scaled up the business.

The risk-free life is not available.
When nothing is ventured, nothing is gained..

By Gamble Editor, Zendi.

Agbalowomeri:
ACCESS bank shareholders Una well done o
https://www.thecable.ng/report-herbert-wigwe-linked-to-106-london-properties-7th-on-list-of-billionaire-homeowners/

And you say two of my kids no go be bankers by force and fire ?

Me sef I go own bank(s) via market takeover like Femi.

nosa2:
The guy that bought Ellah lakes at N17 is not having fun

Exactly!
Or Oando at N97 or so

The deadline was 31st March. Unless extended again?

ppogba:
The results are coming soonest like thieves in the night.

Latest this coming Friday. At least 3 from FUGAZ.

ppogba:
The results are coming soonest like thieves in the night.

Latest this coming Friday. At least 3 from FUGAZ.

I cannot recall CBN approving bank results before the deadline.
Results should be by April

https://www.youtube.com/watch?v=zz8alKTKs0s

Stocks to pay attention to in the coming week.

Discussing last week's trading session and what to expect this week at the moment.

https://x.com/i/spaces/1oKMvRgoRwYGQ

Mpeace:
I cannot recall CBN approving bank results before the deadline.
Results should be by April

Nope, last year some bank results were released at the end of March, even though from the look of things this year own may enter April. Let me look for that of UBA cos I personally posted it here

egojeny1:
UBA

Final dividend - #3
Qualification date - Friday, April 11th, 2025
Payment date - Friday, April 25th, 2025

https://doclib.ngxgroup.com/Financial_NewsDocs/43402_UNITED_BANK_FOR_AFRICA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

Here, @Mpeace

SonofElElyonRet:
Exactly!
Or Oando at N97 or so

pluto09:
Or you bought OandO at N90

Market participants are becoming complacent. Everybody is beginning to think the market only goes up.

To your tent oh Israel

Sunrisepebble:
Is it possible to have become a pauper in the last 3 years of this market ?