₦airaland Forum

Top 3 Reasons Your Stock Prices Won't Go Higher:

I had a discussion with someone (name withheld, but let's call him Michael) who wanted to understand the reasons some shares rise faster than others. His portfolio had more "low-priced stocks" trading below N10, which he deliberately selected to take advantage of volume-driven profit; what I mean is, the stock units he owns ranged from 100,000 - 300,000, then I asked why he adopted that trading strategy, he said he believed that "someday" those shares would increase by N1 and he'll make millions of Naira.

If you take a closer look at his expectations, they aren't far from reality, those penny stocks might rise and earn him a minimum of N100k profit on each share. But, here is the sad reality, his portfolio return had been on the negative territory for 2 years now, the stocks, which were "randomly selected" had been down. As at when I checked his purchase price against the current market price, some stocks nosedived to less than 50k after NSE lifted the 0.50k minimum price per share restriction.

My next action plan:

Read here - http://nigerianstockstobuy.com/pick-fast-rising-nigerian-stocks-today/

To my fellow Investors who headed the call from the REVELATION to immediately 'flour their mills', this is for u.
...just read on to the end of it.

https://nairametrics.com/this-new-flour-mills-of-nigerias-sugar-estate-will-employ-10000-people-annually/

But I must say that this is just the begining !! ...there's sure to be more to come.
Yes there might be a few shake out sometimes, but we shall continue to head the north lane until we get to, 1st the 49th avenue and then near the 60th boulevard.
...for we are strongly backed by Mr TIME.

#BELIEVE
#ANDKEEPBELIEVING

NOTE: Still shouldn't be taken for a recommendation. ...DD always advised pls.

tritritri:
Oma igala eeche ei ..Agba kocho

Nago baba...i be igala by extension - FPI

Hello house,

Any information on who sold the 1.1b units of Access?

Any information on who brought the scary FBN offer volumes of over 300m?

I believe the two events must be linked to one seller.

IchimokuPilot:
Buy back tomorrow.
No shame in the market.
I sold Diamond bank at N1.50 sometime back. It started moving, I came back in at N1.97, rode to N2.50 and exited again.
As regards the market, I have refused to ever stay back and wish people bad luck by wishing the price to hit the rocks.
In these days of fuel scarcity, I join any healthy vehicle leaving the park.
For the fact that you wrote this down, I can assure you that YOUR MARKET MIND is signaling RE-ENTER.
it's better you listen now.

At the point of selling, you took the best decision available at that moment. That moment is now in the past.
What is the present telling you? Take a stand based on the present scenario.

Best of luck.

@tritritri
This is a very good advice if I may say.
There's no need crying over split milk, @the bolded is just it. All you need to do is forge ahead.
Flourmill is a premium stock. You may choose to buy it back or look the way of another good stock.

ogedanny:
Read here - http://nigerianstockstobuy.com/pick-fast-rising-nigerian-stocks-today/

i day enjoy u brov.

keep it up

RabbiDoracle:
Hello house,

Any information on who sold the 1.1b units of Access?

Any information on who brought the scary FBN offer volumes of over 300m?

I believe the two events must be linked to one seller.

trnx btw meristem and stanbic !
not a big deal

Stock Market: New Pricing Rule Favours Domestic Investors—Experts
https://www.businesspost.ng/2018/03/10/stock-market-new-pricing-rule-favours-domestic-investors-experts/

fxuser:
trnx btw meristem and stanbic !
not a big deal

Who is the seller and buyer?

fxuser:
Japaul
- fresh gap up ...
- its not everyday u see this , #chai

In my opinion, the people buying are buying into the future of the company and not the present (i.e. its present loss position).

Its case can be compared to that of International Brewery that was as good as dead before the South African investor, Sab Miller Plc invested into it.

Intbrew IPO in 2007 was offered for subscription at N0.87k and today we all know what the share price is. That could be the power of transformation and having a solid investor invested into a dead company.

Caveat: Please note that this is NOT a recommendation to buy neither is it monkey hunting, its purely for informational purposes because I've read quite some mentions here about the company and thus think I should say something. DD should be applied please.

@currentprice, I like the wisdom used when advising someone on the said stock.

ogedanny:
Top 3 Reasons Your Stock Prices Won't Go Higher:

I had a discussion with someone (name withheld, but let's call him Michael) who wanted to understand the reasons some shares rise faster than others. His portfolio had more "low-priced stocks" trading below N10, which he deliberately selected to take advantage of volume-driven profit; what I mean is, the stock units he owns ranged from 100,000 - 300,000, then I asked why he adopted that trading strategy, he said he believed that "someday" those shares would increase by N1 and he'll make millions of Naira.

If you take a closer look at his expectations, they aren't far from reality, those penny stocks might rise and earn him a minimum of N100k profit on each share. But, here is the sad reality, his portfolio return had been on the negative territory for 2 years now, the stocks, which were "randomly selected" had been down. As at when I checked his purchase price against the current market price, some stocks nosedived to less than 50k after NSE lifted the 0.50k minimum price per share restriction.

My next action plan:

Read here - http://nigerianstockstobuy.com/pick-fast-rising-nigerian-stocks-today/

sadly d mind naturally sees cheap / penny stocks as '' bargains '' add some '' HOPE '' strategy it becomes a classic death trap !

Advise need please

Bought Julius Berger @ N40.41 now price is N24.85 i.e a 38.5% loss

Bought Mobil @ N336 now price is N175.00 a 48% loss

Do I hang on or cut my losses and move on?

Also been trying to sell 50 units of Newgold ETF but as of Friday only 4 Units could be sold. Is the stock illiquid? Any useful advise/insights would be appreciated.

DUNKA:
Advise need please

Bought Julius Berger @ N40.41 now price is N24.85 i.e a 38.5% loss

Bought Mobil @ N336 now price is N175.00 a 48% loss

Do I hang on or cut my losses and move on?

Also been trying to sell 50 units of Newgold ETF but as of Friday only 4 Units could be sold. Is the stock illiquid? Any useful advise/insights would be appreciated.

It depend largely on your financial state and investment strategy. First of all, I wonder why you waited for this long in JB and Mobil, because I can see through the price quoted that you bought those stocks at their peak. That notwithstanding, JB is a stock that can still rise significantly, (though not in the next 3 months) because contract can still be awarded to it for construction to make up for loss ground by the present govt due to the next election, so if you are bouyant, you may not sell till you recoup some of the capital loss.

For Mobil, you may wait till the financial result is out. I know that their result can propel it to around N200 or so. I am not in your position and our investment strategy differs.

I will stop for now, so that others can contribute.

kolaish:
Please and Please, this joke is too wild and I will appeal to you to stop such on this forum.

I was occupied with some other things and could not monitor market on my platform. But then, I decided to read on this forum if there is any latest and I saw your quote. Immediately, I tried to look at the result but NSE site was not opening and then quickly I opened my platform to probably see if I can still get DS based on the N2 dividend you talked about, but was suprised there was nothing to reflect that DS released a result of such magnitude based on the offer I saw. Still, I was trying to buy at the highest price but the 'smile network' I am using was misbehaving till market closed. (All these happened between 2.17 - 2.30pm)

Let us not just post any comment for no reason at all, but reasonably.

With due respect please

I can understand. I am sorry sir.

fxuser:
sadly d mind naturally sees cheap / penny stocks as '' bargains '' add some '' HOPE '' strategy it becomes a classic death trap !

Example of this buying into "hope" could be seen in those buying those penny stocks 'cos of the 1k rule. These set of people might be on a long thing eventually because there's simply no positive news driving the share prices. Well, except maybe they already factored in the fact that they were gambling with the money and if lost, it wouldnt bother them.

Most of those stocks are moribund. While those buying were 'hoping' to gain or that there would appear a "messiah" for those stocks, they should equally be aware that they might end up loosing the entire capital.

In essence, those buying into penny stocks because of 1k rule should beware. When those stocks get to comfortable bridge, you can always cross it.

@fxuser, sorry for quoting your mentions. They happened to relate to what I wanted to talk on. I just feel like contributing here today.

valacious:
I can understand. I am sorry sir.

According to Ihedi 'ONE LOVE'. But then, your prediction of N2 to me is like a wake up call to still get into DS/DF before the release of their result. If NASCON can declare N1.50 as div, then DS can declare something similar, if not better.

valacious:
I can understand. I am sorry sir.

I told you
You for pay back money for DS plus N2 dividend

DUNKA:
Advise need please

Bought Julius Berger @ N40.41 now price is N24.85 i.e a 38.5% loss

Bought Mobil @ N336 now price is N175.00 a 48% loss

Do I hang on or cut my losses and move on?

Also been trying to sell 50 units of Newgold ETF but as of Friday only 4 Units could be sold. Is the stock illiquid? Any useful advise/insights would be appreciated.

The part in bold depends largely on volume and investment objective. I presume your objective changed from long term when the purchase was made to short term now. If this is the case then it's important you consider volume before disposing the stocks. If the volume is huge, you may want to sell only half ( if you are seriously in need of cash) and retain the rest till when market sentiment will favour them. Conversely, if the volume is small, sell everything and move on.

I feel for you though looking at the gap between your buy price and current market price. This tells me you were wrongly advised or bought out of follow follow. Anyways, I will advise you always do your DD very well or clarify things with experience members on this forum before diving into the market.

RabbiDoracle:
When I sell shares, I'm always comfortable with my gain. I let others enjoy the thing too.

Some people are too greedy that they want to sell at the top such that after selling the price should reversing and they will pride that they are the best.

And this goes a long way to tell us about the behaviours of such people. In real life, such people no dey leave " change " when person buy things for them or carry out services. They will always want to eat all.

True to a point

DUNKA:
Advise need please

Bought Julius Berger @ N40.41 now price is N24.85 i.e a 38.5% loss

Bought Mobil @ N336 now price is N175.00 a 48% loss

Do I hang on or cut my losses and move on?

Also been trying to sell 50 units of Newgold ETF but as of Friday only 4 Units could be sold. Is the stock illiquid? Any useful advise/insights would be appreciated.

It all depends on you. You probably bought those stocks in mid to late 2016.

If it were me, my play here will be to cut my losses, dispose those shares and try new trades with better advice. By the way i bought UAC at N21 and sold at N12.21 when it did not look like it had a future. Sine then I had speculated in other shares that has more than covered those losses and believe it or not, i am back at UAC at N16.65.

Volatility is the traders partner. Another golden nugget is "be very impatient with a loosing stock and very patient with a winning one".

Beware of trying to average down your costs....the market is unpredictable and like they say, if you find yourself in a hole, stop digging.

kolaish:
According to Ihedi 'ONE LOVE'. But then, your prediction of N2 to me is like a wake up call to still get into DS/DF before the release of their result. If NASCON can declare N1.50 as div, then DS can declare something similar, if not better.

DS has already paid N0.50k as interim dividend.
Just put this into consideration in your expectations of bumper dividend.
I personally don't expect DS to pay more than N1.00 as final dividend for the year.

DUNKA:
Advise need please

Bought Julius Berger @ N40.41 now price is N24.85 i.e a 38.5% loss

Bought Mobil @ N336 now price is N175.00 a 48% loss

Do I hang on or cut my losses and move on?

Also been trying to sell 50 units of Newgold ETF but as of Friday only 4 Units could be sold. Is the stock illiquid? Any useful advise/insights would be appreciated.

Mobil and JB have been experiencing dwindling fortune in their operations for sometimes now .

Don't know why you bought them in the first place, but if it were to be about value I will advise that you sell and cut your loses since nobody can say when those companies will see a turn around. On the other hand you might have bought based on some other considerations, may be by revelation or so,you might decide to wait it out and see to the end of it.

The stocks I listed earlier may be highly illiquid and volatile but they could give you fortunes you never dreamt of...

THE BIG SMART GUY

onegentleguy:
Thank u my dear !!
That godlyguy moniker is just trying to play pranks with himself. ...but in any case, am now enjoying the 'trying to be my prototype identity movie he acts out sometimes'.
...for unlike before, he does'nt bother me a bit anymore.
I guess the fact that the dude has been trying so hard to imitate me shows am probably very important to him and really worth imitating !! ...so he has my permission to continue if he so desires.

I am fully focussed on how to 'always benefit more from residing in the NSE room', and can not be distracted.
..for that's the paramount reason we're all here.

Btw, I know that my currentprice was only trying to show the way he imitates me in his post. ...I know currentprice well enough to understand that he's a jovial and lovely person.

ONE LOVE MY DEAR !!

You shouldn't get distracted my brother. Iam one of the persons here that take your posts serious. Keeping doing what you are doing. Even though onius lies on me to always apply my DD, i can't help by following your posts with rapt attention.

RabbiDoracle:
When I sell shares, I'm always comfortable with my gain. I let others enjoy the thing too.

Some people are too greedy that they want to sell at the top such that after selling the price should reversing and they will pride that they are the best.

And this goes a long way to tell us about the behaviours of such people. In real life, such people no dey leave " change " when person buy things for them or carry out services. They will always want to eat all.

Lol....... I dey leave change well well oooo.... Just ask those ladies wey dey counter for Arik & Air Peace for Abuja Airport and those at Ekesson Transport Company Jabi. Them go tell you.

RabbiDoracle:
This is not MMM ooo....leave people and enter yaself.

You don't need them to get to the top of the ladder (Swiss gold).

Just maintain and mop jare.

I only follow and execute as directed by the spirit..

9free:
Lol....... I dey leave change well well oooo.... Just ask those ladies wey dey counter for Arik & Air Peace for Abuja Airport and those at Ekesson Transport Company Jabi. Them go tell you.

I hope you are not one of those ''Umu-Nnunu'' dem gang whom gives in the sight of okpekes

Dangote group says it loses ₦2 billion monthly to Apapa gridlock
https://nairametrics.com/dangote-group-says-it-loses-%e2%82%a62-billion-monthly-to-apapa-gridlock/

Can this news have any effect on their result?

fxuser:
trnx btw meristem and stanbic !
not a big deal

My Oga, kindly throw more light.
The cash involved, even the commissions involved, can embolden you to slap Dangote, especially that it is a deal across the river.
Looks like a fight involving a Lion and an African Buffalo.
We need to know the cause of conflict as well.
Who is firing and who is taking cover?

9free:
Lol....... I dey leave change well well oooo.... Just ask those ladies wey dey counter for Arik & Air Peace for Abuja Airport and those at Ekesson Transport Company Jabi. Them go tell you.

Keyword: Ladies...

IchimokuPilot:
My Oga, kindly throw more light.
The cash involved, even the commissions involved, can embolden you to slap Dangote, especially that it is a deal across the river.
Looks like a fight involving a Lion and an African Buffalo.
We need to know the cause of conflict as well.
Who is firing and who is taking cover?

We certainly need more info on the Access Bank cross deal. The volume and money involved is quite heavy. Why did the person or entity sell? Who is the buyer and why did he buy?
We are talking about multiple billions of naira here.