mercylicious:
This thread is on fire.

i made very good predictions this year but i am very impatient.
i sold half of my zenith n fidelity when d mkt was not being excited on div (nkwucha aburo ujo.)
i have little ucap compared to zenith.if ucap does another 10% tommorow, am off.

the only bad bet i made was access though i have the least here. though their result was good, they decided to be stingy like diamond and transcorp. yes- transcorp is stingy, so, let ur eye be on cap appreciation.

i missed u guys.

I think JIJO approach is what causes impatience sometimes. One has to know when to switch JIJO for dividend or cap appr. I also predicted Tiger well but I jumped in too early immediately the Dang take over was announced and jumped out. I should have waited until he actually paid.

iyb:
fidelity just entered today at 1.25 make us proud sharp sharp

You dey enter when me dey plan my comotting strategy... entered at N1.15K

mercylicious:

3 days? i wont wait for 3 days bearing in mind friday is pub holiday.

thursday will likely be bearish (dont ask me why) it is said that ppl sell their share to be liquid for d season.
not sure if dts d reason sha

I have JO out of Zenith today at N13.20k, I am not too greedy as always... sitting on my cash and eyeing the market...

Thinking maybe FCMB ahead of their Q1 results... any thoughts?

ufotty2001:
mercylicious.. can you sell it for me after the 10% increase...

oh, so sorry. i just saw the closure date is next week. i thought its this week.
The right thing i shld have said is dt i will monitor d price movts and sell anytime i see sideways trading.

@AGBA , u are sighted. u hv been unusually quiet. wetin happen?

please, someone shld help me with closure date of access bank. (i dont usually ask for dis).


ucap- 30th march
zenith- this fri
fidelity- loading

NuttyChoky:


I have JO out of Zenith today at N13.20k, I am not too greedy as always... sitting on my cash and eyeing the market...

Thinking maybe FCMB ahead of their Q1 results... any thoughts?

I ques it depends on your entry price. For me it has to reach 14.0 b4 my cap appr will equal my dividend. So I am still better off holding.

Raider76:


I ques it depends on your entry price. For me it has to reach 14.0 b4 my cap appr will equal my dividend. So I am still better off holding.

I entered at N11.90k...so my capital appreciation is less than div but I do not trust this bear market so will sit out investing (except defensive stocks like AFRIPRUD) until the macroeconomic environment and policies are clearer.

Imagine if the MPC meeting comes out with foolish pronouncements?

mercylicious:
@AGBA , u are sighted. u hv been unusually quiet. wetin happen?
please, someone shld help me with closure date of access bank. (i dont usually ask for dis).
ucap- 30th march
zenith- this fri
fidelity- loading

Any info as to what dividend figure will look like...........

NuttyChoky:


I entered at N11.90k...so my capital appreciation is less than div but I do not trust this bear market so will sit out investing (except defensive stocks like AFRIPRUD) until the macroeconomic environment and policies are clearer.

Imagine if the MPC meeting comes out with foolish pronouncements?

This is NSE, it has a mind of its own and not dependent on MPC meeting outcome. Just be you, be free and do as u wish

mercylicious:
This thread is on fire.

i made very good predictions this year but i am very impatient.
i sold half of my zenith n fidelity when d mkt was not being excited on div (nkwucha aburo ujo.)
i have little ucap compared to zenith.if ucap does another 10% tommorow, am off.

the only bad bet i made was access though i have the least here. though their result was good, they decided to be stingy like diamond and transcorp. yes- transcorp is stingy, so, let ur eye be on cap appreciation.

i missed u guys.

I make bold to say NONE of Tony's companies is stingy. They would appear stingy when pay no dey They'll surely represent when the money starts to roll in.

NuttyChoky:


I entered at N11.90k...so my capital appreciation is less than div but I do not trust this bear market so will sit out investing (except defensive stocks like AFRIPRUD) until the macroeconomic environment and policies are clearer.

Imagine if the MPC meeting comes out with foolish pronouncements?

There is a saying that you should "...trade what is happening, and not what you think is going to happen". I don't think government policies are going to be any clearer than they are now.

Aks:
Any info as to what dividend figure will look like...........

fidelity should give good dividend, but the reason i dont trade it is cos of d share outstanding that is heavy.it takes time to move( from observation).

This is my first time trading fidelity, so i cannot CATEGORICALLY say how it will move.
another stock that has heavy share outstanding is transcorp. if e enta offer eeeeh, na God go save u b4 u come out.

i am just an amateur oooo. mkt has a mind of its own. Its only the OGA's that know the direction they want the price to move.

Nb- u are d mgr of your own portfolio.

bigjay01:


I make bold to say NONE of Tony's companies is stingy. They would appear stingy when pay no dey They'll surely represent when the money starts to roll in.

i traded transcorp last year and it was not funny for me. 8k div.

NuttyChoky:


You dey enter when me dey plan my comotting strategy... entered at N1.15K

Nice you will enjoy but i still believe if they release good dividend the stock will rise even if it is 10 kobo i get i will sell

mercylicious:
@AGBA , u are sighted. u hv been unusually quiet. wetin happen?

please, someone shld help me with closure date of access bank. (i dont usually ask for dis).


ucap- 30th march
zenith- this fri
fidelity- loading

Just tell me u miss me and I will wake up from my sleep; am not in coma though

ExLaidback:
Make una no too over hype UCAP especially as I haven't entered

But on a serious note, I think UCAP is getting a lil over hyped on this forum. Why? Well there are 6 trading days left before the registers close. The max it can do per day is 10%, starting today. So say it actually does the 10% daily (best case scenario) it would do 30% by Wednesday, the day before the last trading day of this week. At 30% the not too greedy profit takers will begin to strike and then the price may begin to drop. Once this exit starts, it will continue for the last three remaining trading days before register closure. At this point, best case would be a balance of bulls and bears that's if there's no rush for the exit.

I repeat, for me it's a no-brainer, why would I hold on to a stock to eat div of 20% when I can safely exit at 30% capital gain without the bearish drama later? Except one is buying long term that is not a smart move. And if i want to buy long term, why not exit at say 32% capital gain, stay out, wait for price reduction after ex-div date then re-enter?

Besides UCAP will not do 10% daily - some people actually entered at 1.60 some weeks back.

I guess the point of this epistle is if you're in UCAP please sell now biko, i wan enter. Tainx

You just want to tell us to go and buy. Hmmmm with the tendency that "besides UCAP will not hold 10% daily- some people actually entered 1.6 some weeks back" if it does not get that so called 10% which is very unlikely. I bet all my trading life! Then you are saying settle for 15% dividend pay and wait for the next months for cap appreciation.

mercylicious:
@AGBA , u are sighted. u hv been unusually quiet. wetin happen?

please, someone shld help me with closure date of access bank. (i dont usually ask for dis).


ucap- 30th march
zenith- this fri
fidelity- loading

Access closure date is 13/04/16

.

UCAP might open at 2.16 by tomorrow.

Godisfaithful:



35Kobo dividend for a stock selling below 2 Naira is not a closed check. I would rather wait for dividend than sell it cheap. Whether Octopus like it or not, this one is a GOLD HAVEN

which date is their dividend payment date?

Coolcash1:


I don't know anything about the broker but u can get a reliable one through referral. Its good you are thinking of investing in stocks which shows you really want to secure your financial future. No amount is too small to start with as there are lots of good cheap stocks you can buy..You can invest in FBNH, Ucap, Afripud, Diamond bank, dangote sugar, tigerbrands amongst others.

Happy investing.

Evening sir, am a student too and i have a question.

Though i have not started trading, just some sort of 'practice trading' before i conclude my registration.

Do you think buying FCMB at current price of 0.77 for long term purpose is a good move?

angelo82:
UCAP might open at 2.16 by tomorrow.

money must be made ..multiple calc

@ All I've a question:

If you 've few millions let say 30-50M ,

Do you just buy stock

OR

Start a Business ..

Which one is more profitable.

angelo82:
UCAP might open at 2.16 by tomorrow.

Is this a typo? How can a stock that closed at N1.86 open at N2.16 the next day? The highest the stock can trade tomorrow is N2.05.

Tritri:
@ All I've a question:

If you 've few millions let say 30-50M ,

Do you just buy stock

OR

Start a Business ..

Which one is more profitable.

How did you get the N30 to N50 million? I will advice you to keep on doing what you did, that you were able to save N30 to N50 million.

For someone like me if I have N50 million, N25 million will go into the stock market, N15 million will go into real estate, N5 million will be in the bank and money market instrument while N5 million will be ploughed backed into my business.

Pls house can sumone tell me the deal that was carried out today by deap capital management and trust plc

manie:

How did you get the N30 to N50 million? I will advice you to keep on doing what you did, that you were able to N30 to N50 million.
For someone like me if I have N50 million, N25 million will go into the stock market, N15 million will go into real estate, N5 million will be in the bank and money market instrument while N5 million will be ploughed backed into my business.

All the 50m go enter stock market! No time.

oluwadanie1:


Evening sir, am a student too and i have a question.

Though i have not started trading, just some sort of 'practice trading' before i conclude my registration.

Do you think buying FCMB at current price of 0.77 for long term purpose is a good move?

PhD? Student pass student o

For me, FCMB is a good BUY for long term. This is my personal opinion.

The stock is currently battered for the expected poor 2015 result. The poor result isn't necessary a death sentence. Impairments or making provisions for doubtful loans is an accounting/regulatory requirement. If, the bank is able to recover its doubtful loans in the current year, it will reflect in the results as writebacks. Even if the bank eventually has to writeoff the loans as completely lost and provided it doesn't represent a substantial percentage of its capital, the new year is ground-zero start off point. The bank might eventually need to raise capital if the losses extend into subsequent quarters in 2016.

I urge you to do further research on this stock and others on the NSE.

How much dividend was declared by Fbnh and their closure date

[quote author=betcindy post=43980251]How much dividend was declared by Fbnh and their closure date[/quote


Not yet sir , they ve not delared any at the moment

@manie

Spent over 19yrs abroad . Would u advice stock or biz..meanwhile he knows nothing about both