Maykesha:
I actually made 200%. I am not here to compete with you just looking for ways to make money. Btw I am a SHE.


quote author=PETERiCHY post=59374740]

Why would he be happy when his making his own 100% profit in imagination while others are busy making theirs in real life.

flexshop:


The person you are responding to has issues with aliko dangote, personal issues.... So forgive his outburst, he missed d bus

flexshop:


The person you are responding to has issues with aliko dangote, personal issues.... So forgive his outburst, he missed d bus

Tritri:



Na me ooh..I just wan sale half of my holdings..i fit commot am if u berg me anyway.wan enter UBA.

rebekah2011:
If they are so sure of recovery, nothing stops them from putting it as a note so that investors could be well guided. I am not convinced about their recovery, I know forward looking statements when I see them. The jump in impairment in Zenith bank is due to the hair cut they have decided to take in ARIK. I dont know why it is difficult for coys to report on some unusual items. They prefer to leave everything to investors to unravel

Maykesha:
Thank you Sir. I actually have my eyes on them. What are your thoughts regarding whether we are out or soon getting out of the recession.

Do you think this recovery is for real?

Manonamission:


Thanks for sharing your thoughts.


I am inclined to think we are on our way out not out yet. The forecast at the beginning of the year was ending of Q2 but has now been shifted to Q3 . Lol. However, we have seen gradual improvement in economic metricms that will signal same. We are farther away from where we started but we ain't there yet. Regardless of this, honour market cycles and trade or invest accordingly.

Tritri:
@PETERiCHY I tink ur right...My HUGE profit from DANGFLOUR is going off day by day..i just dey verse for myself..this stock is a gamble....BUT i will hold on for long term as i don't need urgent cash

Cadillac15:


Tritri. I bin dey vex for you say na you start this selloff but i no vex again. We know what we bought. Truth is i am going to punish this stock on monday by offering my half of my arsenal for sale at the highest price. No body will buy it but the price will go down more for me to mop up.

Tritri:



So u finally decide to join the seller club? na wa oooh....well i have joined mr emma for long term...but my advice dont sale and go buy fcmb or sterlin and co.

holm:


You mean Locodemy Bank?

Tritri:


Who is locodemy ? Do you mean that guy dat uses WISDOM ?

Tritri:


Who is locodemy ? Do you mean that guy dat uses WISDOM ?

leparj:
Yes o. D same guy that painted this forum with bottles. Pls remember Loco for @ least 1 gud tin he did. Whether the bottles were real or he used wisdom to stage managed them one really can not be sure.

Tritri:


Who is locodemy ? Do you mean that guy dat uses WISDOM ?

sellydion:
All well said, there are traders and there are investors, different methods of analyzing the market.
reinvestment of dividend and allow time to play itself out. In 2008 NB was as low as N25 after declaration of 1 for 1 i think
100,000 unit as at today is N18m + if you have been reinvesting the dividend you can imaging what that could be.
Same with OKOMU, GT, Zenith etc.
DangSugar is a stock that has always deliver around 50% every year, buy at 6 sell at 9. If you have been compounding the dividend
and buy more for the past years imaging what will be your worth today.
If things go wrong in Penny stock or sub optimal stocks, you have a bigger risk to contend with, you may lose your investment quickly.
but with optimal stocks, they always rebound or you lose a little.

smasher1:

The bottles were real and not wisdom. His choice of stock FCMB and comments were shocking, because I couldn't see what they were doing that was spectacular and could give good results.

Mpeace:
I am very serious. I actually look at percentage increase in price(capital appreciation) than actual increase, and that is why I go for penny stocks. For instance, I bought FBNH at 2.97 earlier this year and at that time Zenith was 15naira. FBNH has done 8naira today which is over 150% increase(its present price of 6.3 is even over 100%more than what I bought) Zenith has not done up to 30naira (100%)since then. So if I invested 1000 in both zenith and fbnh I would have over 2500 from fbnh and less than 1900 from zenith(even with dividend) . Other penny stocks like transcorp, Diamond bank, Fidelity, fidson etc have done similarly by increasing from below 70kobo to over 1.50naira giving excellent returns of over 100%. That is what penny stocks do. And its better to check in percentage return than actual amount. If Nestle and Fidelity both give similarly excellent results, the highest appreciation for nestle might be to go from current price (eg 1150) to 2000. Fidelity can easily go from current price(eg 1.3) to 3naira(like fidson) thereby giving a higher % return. So if you invested 1500 in both, nestle might give you 2000 while fidelity gives 3000.

Mpeace:
In my own opinion, zenith result is more than good. It is excellent. I think they can pay up to 4 naira dividend at year end. Their EPS of 240k which more than doubles last years 113k appears too good for the current price. They could well do 500k by year end, all things being equal. Zenith is good at even 40naira per share. My fear is GTB. Can they justify their own current price?
With this result one would ordinarilly expect zenith to be on full bid tomorrow, but market get him own mind.
Disclaimer: I have no Zenith in my portfolio and do not intend to buy. My pocket can only afford penny shares like FBNH.

Tritri:



So u finally decide to join the seller club? na wa oooh....well i have joined mr emma for long term...but my advice dont sale and go buy fcmb or sterlin and co.