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Nigerian Stock Exchange Market Pick Alerts - Investment (1129) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 11:36am On Oct 24, 2015
megainvest:
You cannot always predict the future. Currently, the strongest hurricane ever recorded in history in the western hemisphere ie (Hurricane Patricia) is about to hit Mexico. Now, imagine if this hurricane affects the oil production facilities in the gulf of Mexico to the extent that it damages the facilities catastrophically. That will lead to a sudden spike in oil price. Tell me you won't scramble for oil stocks on Monday.
grin
Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 11:41am On Oct 24, 2015
Creator, give some of us the heart to bear this huge loss AMEN.
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 12:18pm On Oct 24, 2015
bigass:
To hell with myjoy08. He came here to deceive people. He was a scammer. He achieved his aim and left.
Why? Is he the MD of Oando? Do you base your buying/selling on people's posts here? How scammer? Did you pay him when you had made money from his tips? Have you seen a myjoy recommendation without caveat emptor at the bottom?
When things go awry, it should not be blamed on the innocent.

your investment, your decision, your money.
Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 12:35pm On Oct 24, 2015
The way you guys took this I don't really like it.

What have myjoy08 done to deserve all this.

You can't just throw in your hard earned money because someone said something.

Did you not see when He posted this?

myjoy08:
Sir, it is Oando buying Oandos' (i guess...lol). So many things is going on at the back of the scene that are unknown to ordinary shareholder's. Well, It is WELL grin. Everyone should just be careful with the shark!
I was waiting for Oando below 8 NGN before I JI, now it's below 5 NGN. grin
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 12:45pm On Oct 24, 2015
Elai147:
Your Oando prediction is beginning to materialize. I remember how you always sound warnings that Oando will get to N20 very soon.
Thank God, I sold my holding around that time.
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 12:51pm On Oct 24, 2015
Elai147:
Me too bros but I go dey on full guard in case of anything. I am just having the feeling that Oando will survive their current crisis and if they do, the stock will perform magic but if they don't, I go take off like kawasaki.
Unfortunately 27 months after this statement, the crisis is yet to reduce rather it is increasing.
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 1:21pm On Oct 24, 2015
stockbull:
it's brought to notice through some posts that mods in this forum put quality and informative posts in hidden without any convincing reason and i could see that my post was in hidden without any suspected reason.this needs to be addressed
The moderators also hid some of my informative posts in 2013, if those posts were not hidden may be members of this forum would have cautious of myjoy and Oando.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:27pm On Oct 24, 2015
manie:
The moderators also hid some of my informative posts in 2013, if those posts were not hidden may be members of this forum would have cautious of myjoy and Oando.
You are right oga Manie, if not for my painstaking research, I would not be able to dig out that your posts and made an informed choice regarding oando right in time.


I think this thread and some of your posts should make Fp. People have many things to learn from them
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 1:33pm On Oct 24, 2015
9free:
Any force from anywhere trying to bring down Oando and NEM, Die!! Die!! Die!!!
I still dey mountain top......
Amen, when will you come down from the mountain?
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 1:43pm On Oct 24, 2015
manie:
Amen, when will you come down from the mountain?
am here with him. 2020
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 1:47pm On Oct 24, 2015
angrybull:
You are right oga Manie, if not for my painstaking research, I would not be able to dig out that your posts and made an informed choice regarding oando right in time.


I think this thread and some of your posts should make Fp. People have many things to learn from them
please we dont want FP, things here . small, small children and okoko people will enter here please .
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 1:54pm On Oct 24, 2015
ucheson2:
Those of u expecting oando 2 fall below #5 'wait very well'. Let me tell u a secret: AS SOON AS OANDO COMPLETES ITS COP DEAL, ITS SHARE PRICE WILL BEGIN 2 ROCKET TO WELL ABOVE #35. U BETTER TAKE POSITION NW BC THEN EVEN UR STOCKBROKER MAY NOT EVEN WANT TO BUY 4 U! YES IT WILL B BUSSY BUYING 4 ITSELF.
This post was written on September 2013, Oando will bounce back when Wale and his gang leaves the company. Oando needs a new management team.
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:09pm On Oct 24, 2015
[http://www.proshareng.com/news/Investors%20NewsBeat/Shareholders-fund-on-steady-fall-Proshare/28970]


Numbers don’t lie. Obviously, the business of OANDO is not profitable for now, while the outlook indicates that the shareholders have been raped (un)knowingly if we are to go by performance of the bottom-line in the last six (6) quarters.

And most likely, things are likely to be worse than projected by the recent figures released while we advise a cautious trading of shares.

Apart from the poor numbers, we are less impressed with the constant unethical pattern employed/deployed by the firm in releasing its earnings reports in the recent years- this questions its corporate governance integrity.

We are of the opinion that delaying audited reports for 10months is like infringing on the rights of investors and breaching the mutual contract with the investing community at large- we remain worried why SEC and NSE treated this unethical act with less sense of responsibility.

This may continue to weigh on or deplete the feeble investors’ confidence in our opinion.
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 2:24pm On Oct 24, 2015
manie:
Investors make money when they buy, while speculators hope to make money when they sell. A value investor looks forward to having cheaper stock prices.
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 2:25pm On Oct 24, 2015
manie:
A good company can sell at a bad price, while a bad company can sell at a good price. I remember a bad company selling at a good price of less than N1.00 in 2006 based on the company's fundamentals. A group of new investors invested in this company, raised more funds through right offer that sold at N0.85k in 2006 and turned around the company, as we speak the stock is selling around N20.00 giving an annualised return of about 60% between 2006 and 2013.

The company is International Brewery Ilesha
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:59pm On Oct 24, 2015
Elai147:
I think the main reason Myjoy08 deactivated his account is very clear. He got a lot of warnings to desist or refrain from his over-optimism in order to protect his reputation in NSEMPA but he refused and attracted the interest of some gullible and naive followers, perhaps, unintentionally. He had to disappear just the same way he appeared in NSEMPA. The only advice I have for victims of his ever-optimistic posts is to avoid future shock by stop being over-reliant and rise to the challenge. @Myjoy08, please come back if possible. NSEMPANs will miss you.

@B2BR, is it possible to reactivate ones account after deactivation?
You meant he deactivated his account bcuz water don pass garri. Well It's all part of the learning process grin

I keep telling people in stock business the pessimists most have it than the optimists bcus It's much easier to lose 90% than to make 10%.

its all good more especially at this point OANDO is about filling for BANKRUPTCY.

I hope UCHESON company will be glad to acquire them at a give away price, nurture it as he normally say and bring them back to profitability in the future. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 4:29pm On Oct 24, 2015
manie:
Amen, when will you come down from the mountain?
hahahaha.....Pa Ewumi you bad oooooo.....
How you take dig out this post? My Oga that was when tge going was good but I don come down from NEM Mountain since nah. Na only for OandO Mountain I still dey half way up and half way down.
Re: Nigerian Stock Exchange Market Pick Alerts by edwardaigb: 4:56pm On Oct 24, 2015
Have anyone thought that mjoy08 and wale is same?
Re: Nigerian Stock Exchange Market Pick Alerts by Kagame: 6:07pm On Oct 24, 2015
edwardaigb:
Have anyone thought that mjoy08 and wale is same?
I believe you are joking.The difference between is clear. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 6:31pm On Oct 24, 2015
immanuello:
oando is a coy with too much leverage and debt couple with its know bad corporate governance that has not change so far.I am a proud VALUE INVESTOR,honestly i dont see this coy as a company with good sustainable fundamentals but rather a good candidate for trading because of its high beta,liquity,publicity stunt of d coy,market players loyalty ecetera.whoever is buying oando at this top is doom for burnt fingers or regret.you need to be very careful on any trading stock because for trading stock what you need to focus on is CROWD IGNORANCE,i mean taking advantage of sentimental bias of market players that comes from acting on news without conducting proper rational and logical reasoning on fact and figures in light with rightful data to peep realistically into a realistic future on a particular stock.Be careful to take emotional attachment out of investing becos that would give you a better success yielding decisions with no flaw or little that will be insignificant to your investing success.Even, i as a value investor,i have traded on some stocks with no fundamental at all but had great patronage on the bourse and i was able to make real good cash on them because i knew i have got to come at a price around support and towards grivatating to resistance level with my finobocci telling me its around overbought region with volume coming down i would quickly get out with my PROFIT or else mr market would have take away my gain.so be cautious about oando because there is no GOOD MGT in this coy.The coy is just using media to push this gabbage so make sure you take your profit at right time before you might be the last idiot holding the empty bag.oando is an inflated balloon that is being manipulated often times and i know it will inevitably burst very soon.A stitch in time saves nine!!!!!
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:34pm On Oct 24, 2015
manie:
AMCON will not take Oando, they can always raise funds from new and gullible investors.
I'm optimistic about the company's Q3 results. The cash raised via the right issue and the sale of 60% of its downstream business for N54billion will reflect in the Q3 result. However, I think this result will activate a sell panic mode obviously, but I think the Q3 will bring on the bulls.
Re: Nigerian Stock Exchange Market Pick Alerts by duni04(m): 6:37pm On Oct 24, 2015
I think it's just shameful d way people are trying to justify themselves here, going as far as digging up old posts to prove they were right. What does it matter if u posted something in 2012 about oando? I've read through all the posts here since the result was announced yesterday and its been all bashing and self justification, nobody has actually given any analysis of the results or any forward looking statements. I think we should move away from the self justification and start looking forward. Yes we know you called it, you're an expert analyst. Can we now forge ahead please?
Re: Nigerian Stock Exchange Market Pick Alerts by joseph1013:
joseph1013:
I will be very surprised if by now, everyone in this house does not know that Oando's results is very bad. Those that are still tarrying in the stock have only convinced themselves that hope is a strategy.
I really feel bad that people have lost money in Oando. But enough warnings were given. I still remember sounding this out as late as 16th October.

On a humane note, I hope anyone who is close to myjoy checks up on him. He's not the emotional type usually as I've known him to take insults and rebukes in their strides and even make out of them jokes. For him to have gone to the point of deactivating his account shows something is not right.

Depression is a dangerous thing. Someone should check up on him.
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 6:59pm On Oct 24, 2015
joseph1013:
I really feel bad that people have lost money in Oando. But enough warnings were given. I still remember sounding this out as late as 16th October.

On a humane note, I hope anyone who is close to myjoy checks up on him. He's not the emotional type usually as I've known him to take insults and rebukes in their strides and even take jokes out of them. For him to have gone to the point of deactivating his account shows something is not right.

Depression is a dangerous thing. Someone should check up on him.
What's this continuous posts of myjoy and his decision to deactivate his account?
Thesame way you decide to buy and sell a stock is also thesame way one will decide to register and deactivate an account on a faceless forum!
I tired of seeing repeated post of begging or even members asking people to check on him.
If you are so concerned of his whereabouts, then kindly deactivate your account also, check on him and finally reactivate your account and his.
Abeg make we hear word....
Re: Nigerian Stock Exchange Market Pick Alerts by joseph1013: 7:09pm On Oct 24, 2015
9free:
What's this continuous posts of myjoy and his decision to deactivate his account?
Thesame way you decide to buy and sell a stock is also thesame way one will decide to register and deactivate an account on a faceless forum!
I tired of seeing repeated post of begging or even members asking people to check on him.
If you are so concerned of his whereabouts, then kindly deactivate your account also, check on him and finally reactivate your account and his.
Abeg make we hear word....
I thought you call yourselves brothers and sisters in the lord.

Guess it was all a ruse. smh
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 7:18pm On Oct 24, 2015
joseph1013:
I really feel bad that people have lost money in Oando. But enough warnings were given. I still remember sounding this out as late as 16th October.

On a humane note, I hope anyone who is close to myjoy checks up on him. He's not the emotional type usually as I've known him to take insults and rebukes in their strides and even make out of them jokes. For him to have gone to the point of deactivating his account shows something is not right.

Depression is a dangerous thing. Someone should check up on him.
Nothing to worry about. Myjoy08 is reading all your posts. He will comment in the fullness of time, it might be with a different moniker though. It is well. Lol
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 7:36pm On Oct 24, 2015
@Manie, please slow down the rate at which you are digging into our past. Why you dey use our past haunt us nah? These quotes from the past don dey dey too much abeg. Let's move on to other things and leave Oando for now until result is fully digested. I am sure the conference call will throw up more than enough to talk about. Abeg, these your quotes don dey dey 3 much.
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 7:58pm On Oct 24, 2015
cassimere:
I'm optimistic about the company's Q3 results. The cash raised via the right issue and the sale of 60% of its downstream business for N54billion will reflect in the Q3 result. However, I think this result will activate a sell panic mode obviously, but I think the Q3 will bring on the bulls.
Dont be sentimental about this company, things improve when Wale and his cohorts leave the company.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:08pm On Oct 24, 2015
manie:
Dont be sentimental about this company, things improve when Wale and his cohorts leave the company.
I'm not being sentimental, I'm being factual. Wouldn't the company's bottom-line improve with the cash raised from the rights and the sale of part of the downstream business?

I am invested in the company, all I want is to get the best return, so I support your sentiment about Wale and his cohorts. I raised that issue some months ago on this thread (I'm sure you can dig that out too). The company's corporate governance leaves little to be desired, the earlier a new management team come on board, the better.
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 8:25pm On Oct 24, 2015
cassimere:
I'm not being sentimental, I'm being factual. Wouldn't the company's bottom-line improve with the cash raised from the rights and the sale of part of the downstream business?

I am invested in the company, all I want is to get the best return, so I support your sentiment about Wale and his cohorts. I raised that issue some months ago on this thread (I'm sure you can dig that out too). The company's corporate governance leaves little to be desired, the earlier a new management team come on board, the better.
Most shareholders did not take their rights, the rights were eventually taken by Wale and his group, the company over-paid for the COP deal, administrative cost is on the side, corporare misgoverance and management recklessness coupled with the fall in prices of crude oil are factors that may adversely affect quick recovery of this company. Creditors may take over this company.
Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 8:40pm On Oct 24, 2015
People have lost money and will still lose more on Oando but mark my words some will still make money on this same stock. I have chopped Oando and cleaned my mouth long ago but I know that there is yet more money to be made on this one even with this terrible result. Let the panic selling happen but I will be waiting with my cutlass when the dust settles. I will neither pity for this stock nor get angry with it.

This is all part of a very obvious grand scam: This bad result will cause a massive sell down and before you know what's happening another result will show up with some positives enough to swing the stock into a bull run. There is where the money will be made and I think the key to this is the sale of 60% of its downstream business as cassimere has alluded to

I have learnt some things in this business and one of them is this: I never love or hate any stock too much not to make money from it without any fear or favour. I am here to make money and I make my money by intelligently following the numbers, the information and my strategy with God giving me guidance all the way. cool
Re: Nigerian Stock Exchange Market Pick Alerts by NextProdigy(m): 8:55pm On Oct 24, 2015
I warned about 2 stocks. OANDO and FBNH.

If you lost money in OANDO, sorry.

If you still have FBNH, get out fast as soon as you can. Make dem no take PREMIUM category deceive you o.
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