Yayira:


Wow so he sells too ! But how long did you hold the PZ ?

About 15 years.

onegentleguy:



The mere fact that u are waiting for these prices at a time when the economic indices, underlying fundermentals and core determinants are all very healthy and pointing towards an improved market direction, shows u probably don't have a prepared mindset.
For even if u saw those prices tomorrow, I am sure u would assume an 'NSE Armageddon' and readjust ur target prices downwards.
...because then, FEAR would probably take over ur emotion, leave u with an indifferent mindset and blind u out on the real values behind any opportunity therein.
For it's only those that have always 'utilized their sixth sense' and whose mindset are clearly prepared that will be able to unlock such values when they show up.
...and that's because they are already equipped to see an opportunity in both the bear and the bull market.
The key lies in having a clear stretegy with the ability to compete and win more.

My sincere advise would be for u to stop waiting for those crash like prices. ...for they won't be coming anytime soon. ...at least not when 'every going on' seem to be doing good.
Stop waiting for good prices to find u. ...go find those good prices urself !!
For they are there even right now in the market.
Just look a bit deeper. ...and u would see that there are some opportunities waiting for u to spot them.
...and once u do, key in when there's a clear need to do so and u'll make some good returns.

Just a sincere advise my dear.

Regards.

Since all macro indicators will remain favourable for the economy, we may soon get to find that 20x is the new 5x for bargain P.E ratios.

Maybe then, Nestle will be alright at 80x P.E

awesomeJ:


Since all macro indicators will remain favourable for the economy, we may soon get to find that 20x is the new 5x for bargain P.E ratios.

Maybe then, Nestle will be alright at 80x P.E

By the time Banks P/E reach 20x, I don siddon for my house dey watch Nollywood

Yayira:
Anybody wey follow Rabbi no go trade this year..
CP so with all this bear with bear bear no stock don come down below fair price?


Let me go and send you messagessss

He buys and sells once in 8 years. After selling, he will wait for it to trade at all time low for 3-4 years then hell buy and wait another 3-4 years before selling

Well done sir

awesomeJ:


Since all macro indicators will remain favourable for the economy, we may soon get to find that 20x is the new 5x for bargain P.E ratios.

Maybe then, Nestle will be alright at 80x P.E

There is nothing wrong with a PE of 20 or more provided it is justified and sustainable through annual growth of the company's earnings by 20% or more

emmanuelewumi:


About 15 years.

I thought as much ..

Yayira:




I thought as much ..

How old will you be in 15 years? Beyond 70 years money is useless

Agbalowomeri:


By the time Banks P/E reach 20x, I don siddon for my house dey watch Nollywood

Even Dangote is still expanding

Agbalowomeri:


How old will you be in 15 years? Beyond 70 years money is useless

Not to my children and their children’s children .. when will I have such chill ?! Hold a stock for 15 years?

Pa Emma can you tell us the stocks in your portfolio? Why you bought them ? How long you plan on holding ?

If it’s too much info and you do not wish to share, just ignore. I’ll understand

Yayira:
Pa Emma can you tell us the stock in your portfolio? Why you bought them ? How long you plan on holding ?

If it’s too much info and you do not wish to share, just ignore. I’ll understand

He has minimum of 30 in all the sectors in NSE
He plans to hold as long as the good dividend keeps rolling in

Agbalowomeri:


He has minimum of 30 in all the sectors in NSE
He plans to hold as long as the good dividend keeps rolling in

I have between 35 and 40. To hold as long as the dividend are coming in, the companies are growing and the dividend are gradually and consistently increasing

emmanuelewumi:


I have between 35 and 40. To hold as long as the dividend are coming in, the companies are growing and the dividend are gradually and consistently increasing

The list includes stocks on NASD such as Friesland wamco, CSCS, Afriland and Niger Delta Exploration

emmanuelewumi:


I have between 35 and 40. To hold as long as the dividend are coming in, the companies are growing and the dividend are gradually and consistently increasing

Wow! You're a veteran. That's exactly how it's supposed to be.

No it can not be like this in most cases. I do not think we have up to 30-35 companies on the exchange whose management are worth going long term with. The management of most Nigerian quoted coys earn too much for my liking. They just milk the shareholders die.

Toluway:

Wow! You're a veteran. That's exactly how it's supposed to be.

emmanuelewumi:


I have between 35 and 40. To hold as long as the dividend are coming in, the companies are growing and the dividend are gradually and consistently increasing

Hmmm..plenty rice and chicken during AGM.

emmanuelewumi:


About 15 years.

This seems long na. There would be lots of gyrations which you would have locked in your profits at a high and moved on.

Uncertainty is prevalent in Nigeria. So Buffett advice about holding long term will not play out here.

rebekah2011:
No it can not be like this in most cases. I do not think we have up to 30-35 companies on the exchange whose management are worth going long term with. The management of most Nigerian quoted coys earn too much for my liking. They just milk the shareholders die.

Going long term does not mean you invest without monitoring your investments, I can tell you a number of landmark achievements i did with my dividends.

I used my dividends for my wedding expenses, actually met my wife when I attended an AGM while I was on leave.

RabbiDoracle:


This seems long na. There would be lots of gyrations which you would have locked in your profits at a high and moved on.

Uncertainty is prevalent in Nigeria. So Buffett advice about holding long term will not play out here.

Stick to what works for you.

emmanuelewumi:






Going long term does not mean you invest without monitoring your investments, I can tell you a number of landmark achievements i did with my dividends.

I used my dividends for my wedding expenses, actually met my wife when I attended an AGM while I was on leave.

AGM love affairs

emmanuelewumi:



I trade every month. The market can't a have a straight movement direction because price movement is never a straight line graph

You actually buy (invest) every month Pa. Those that trade seldom knows themselves, ask Agba . Pa it is like this your monthly program will actually benefit some people, slow and steady wins the race@ Tolu

sellydion:


You actually buy (invest) every month Pa. Those that trade seldom knows themselves, ask Agba . Pa it is like this your monthly program will actually benefit some people, slow and steady wins the race@ Tolu

Are you implying that I am a trader?

Agbalowomeri:


Are you implying that I am a trader?

Ha ba, are you holding your stock for 15 years

Coolcash1:


Like he said still do your due diligence...because we don't want to hear stories that he misled you.. ;

Oh sure. Ofcourse Due diligence would be carried out. My point really is this. Getting Information is vital to making it in Stocks trading. And getting it ON TIME too

sellydion:


Ha ba, are you holding your stock for 15 years

I held Guaranty for 14 years in the days of ignorance. Now, I have seen the light. Please divide that 15years by 30 for me

Agbalowomeri:
I held Guaranty for 14 years in the days of ignorance. Now, I have seen the light. Please divide that 15years by 30 for me

That is okay, just 6 months holding period. After finding a jewel my holding period is between that 6 months and 2 years.

With 100% plus profit. I will soon hit 100% in flour mill.

emmanuelewumi:


Stick to what works for you.

Beautiful sir.

onegentleguy:
Following from the return of the bull witnessed accross board on Thursday and Friday, here's my brief take on the expectations of the market begining Monday this week;

On the economic front, the continues upbeat in oil price remains a healthy yardstick to believe that the market direction will likely tend upwards more than it would for any downward trend as more portfolio investors weigh in on an improving future prospect.
...I see a likely return of increased inflow from a few more FPIs on the strength of these and other key indices. My take is that a few select sectors particularly, Consumer goods/Manufacturing , Oil and Gas, Construction and Financial services would likely witness inceased investors patronage heading into the month of Aprill.

Fundamentally, there is no doubting the fact that there are some few coys in the market that are still very much a bargain.
...in fact, some are still trading at a very good margin from their fair price.
But what is even more juicy is that a few of them are even trading at a clear discount from their Intrinsic value !!
Honestly for a coy that's trading for much lower than its intrinsic value, its best to do anything to ensure u dont get to miss out on it. ...because quite frankly, those kind of great opportunity don't come that often.

Technically, I also think that while we witnessed a pattern of lower highs with the pull back of the last few weeks, the next few weeks could usher in a pattern of higher lows.
...Again I forsee a gradual return in upward trajectory and market breath albeit with a few side ways trading.

Finally, while advocating for due delligence, I'll strongly recommend the following coys;
UPL, DANGOTE FLOUR, DANGOTE SUGAR, FLOURMILLS, CAVERTON, SEPLAT, CONOIL and JULIUS BERGER.
...there are about 3 or 4 others but the aforementioned ones are based on their adjudged strength from the inside, and their expected upward potential going forward.

NOTE: The past few days has seen me suffer from bouts of INSOMNIA. ...and so this whole write-up could be the after effect of the drug prescription from my doctor. ...so DD is still advised pls.

I too much gbadun you sir. You are selfless. Weldone!!!!

Agbalowomeri:
I held Guaranty for 14 years in the days of ignorance. Now, I have seen the light. Please divide that 15years by 30 for me

1000 units bought then for about N10600 has grown to. 7120 units valued at over 300k.

Total dividend earned this year should be about 14k which is higher than the purchase price.

If you had reinvested your dividend like I do the returns should be higher

Agbalowomeri:


He has minimum of 30 in all the sectors in NSE
He plans to hold as long as the good dividend keeps rolling in

Shades

Yayira:
Pa Emma can you tell us the stocks in your portfolio? Why you bought them ? How long you plan on holding ?

If it’s too much info and you do not wish to share, just ignore. I’ll understand

Yayira Babe

RabbiDoracle:
Sharpen your cutlasses.

Diamond around N1
FCMB around N1
Fidelity around N1.3
Zenith around N16
UBA around N6
Access around N5

GTB: you are in a class of your own!!!

Once any gets there, woundjure the stock.

In NSE, impossibility is not a taboo. Let’s see how things unfold as election draw nearer. Everyone should stick to what works best for oneself

#OracleIndeed #ItShallEndWell