₦airaland Forum

Josh121:
i know oando is upto something with this their usual game

Oando is always up to something. They keep rolling out all manner of good news to get investors salivating yet their financial records show otherwise. I guess they have found a way to "round-trip" all their profits and ensure none of it gets into investors pockets. For now we have to rely on share price appreciation for our gains until the management turns over a new leaf.

Latest news: OANDO Energy Resources announces significant increase in reserves
http://www.proshareng.com/news/26604/OANDO-Energy-Resources-announces-significant-increase-in-reserves-Proshare

The best thing in this market is to buy very cheap stock with strong demands....Today is my first time JIJO and I got 16% which is good.......It seems I don't need to ever wait any longer,I understand the game now.......

angelo82:
The best thing in this market is to buy very cheap stock with strong demands....Today is my first time JIJO and I got 16% which is good.......It seems I don't need to ever wait any longer,I understand the game now.......

That is good to hear. On the other hand, you have to be very careful with such game

I have learnt my lessons already in 2008 and I can never loose to this market anymore.....Most of the stocks that I bought are in strong demands and I bought so much quantities when the market was at the bottom and there is no way I am loosing.....I was thinking to hold them for long term like 5yrs but not anymore considering the kind of dividend declared.....So all I will be doing is short selling and at the end of the year my stocks will outperform my fixed income securities which I have invested more money into......Thats just my logic and I believe in so much caution and thats why I will never buy stocks that are cheap but have no strong fundamentals........

myjoy08:
That is good to hear. On the other hand, you have to be very careful with such game

veecovee:
that's 2.7% for both buying and selling?

Yes.

jamace:
Kai, abeg don't remind me of that bad experience again.
My investment lesson now is never to go near any stock that has plan to reconstruct. Even rumour of reconstruction will make me to pick race from any stock. For instance, since last year I heard rumour of reconstruction of Transcorp shares, I no get liver to go near it again.
The fear of reconstruction is the beginning of investment.

hahahaahh! My position also

angelo82:
The best thing in this market is to buy very cheap stock with strong demands....Today is my first time JIJO and I got 16% which is good.......It seems I don't need to ever wait any longer,I understand the game now.......

Welcome to the world of JIJO where bulls make money, bears make money and pigs get slaughtered.

FBNH. ....

Elai147:
Yes.

Was it increased? It used to be 1.86 for both.

How much is transcorp, oando and Fidelity?

Thank you............I hope we all get the best returns in this market..........

Elai147:
Welcome to the world of JIJO where bulls make money, bears make money and pigs get slaughtered.

Born2berich:
How much is transcorp, oando and Fidelity?

Transcorp 3.16
Oando 15.75
Fidelity 2.06

myjoy08:
Transcorp 3.16
Oando 15.75
Fidelity 2.06

Hehehehe..This market is just to sweet.

Born2berich:
Hehehehe..This market is just to sweet.

Very very interesting market indeed

mercylicious:
Was it increased? It used to be 1.86 for both.

Really? I thought it was 1.35% for buying and 1.35% for selling.

Kevostica:
FBNH. ....

They don mop up again , intresting .. the more u look the less u see

Born2berich:
Hehehehe..This market is just to sweet.

So na you just dey mop up Fidelity. Weldone but any news?

Elai147:
Really? I thought it was 1.35% for buying and 1.35% for selling.

aaaaah! why share info you are not sure of?

veecovee:
what's their brokerage charge?

Any ideas why?

Kevostica:
FBNH. ....

What?

who is mopping oando and who is buying ??

Please guys, can someone teach me how to start investing in stock. I'm kind of used to treasury bill but now i want to use the profits i got from it to invest in shares. so i'll appreciate it if you guys can tell a reliable investment houses with their minimum requirement, best stocks and price to go for, and strategies to use?

Josh121:
who is mopping oando and who is buying ??

Who is the DUMPER and who is the MOPPER? Question for the gods.

Just a thought...any reason why Berger Paints doesn't get mentioned alot here.

Their dividends in the past 6-7 years have been very good compared to the price

2008:30k, 2009:50k, 2010:70k, 2011:??, 2012:70k, 2013:70k, 2014:75k

9free:
So na you just dey mop up Fidelity. Weldone but any news?

I dey expect the price to fall but e no gree fall again

Elai147:
Really? I thought it was 1.35% for buying and 1.35% for selling.

I just cofirmed from their office;
Buying - 0.625
Selling 0.925

Just add some cash for x-alert SMS. N4 naira per one.

carpenter:
Just a thought...any reason why Berger Paints doesn't get mentioned alot here.

Their dividends in the past 6-7 years have been very good compared to the price

2008:30k, 2009:50k, 2010:70k, 2011:??, 2012:70k, 2013:70k, 2014:75k

It is not a liquid stock like fbhn, transcorp etc

@ All
cc: mercylicious
Morgan charges 1.55% for cumulative buy and sell transaction like Mercy rightly pointed out above.

carpenter:
Just a thought...any reason why Berger Paints doesn't get mentioned alot here.

Their dividends in the past 6-7 years have been very good compared to the price

2008:30k, 2009:50k, 2010:70k, 2011:??, 2012:70k, 2013:70k, 2014:75k

Cos its not volatile.
The price has been n8 since I joined stock MKT.

I exited FCMB today. I have been in and out since 1.93 and collected dividend to wit. There may or may not be a dumping coming soon, this market making can not continue indefinitely. I don try.

Thank you FCMB

FCMB!!