Onuokwu:


$6k on $30k or $6k on $300k? The former will be 20% per month and 240% compounded annually. i.e he grows $30k to minimum of $72k within a year. Well....that will be some trader/investor.

Onuokwu:


....and the stockbroker as well. I just took time to simulate the trade using the price link below but there is little or no return motivation in it.

https://www.easykobo.com/HisPcp/ZENITHBANK

rebekah2011:
You are sighting very well. You are on the right track.

aremso:



zenith is a kind of stock that if one knows how to play game in it, one will not pay school fees at all or at least pay little fees. Some may not take my words but from my experience all these while after marking down it will do IGG then go down the rise after q1 result then some investors will use that opportunity to bail out then starts coming down after the q1 IGG then it will galloping till oct/nov when investors come again to line up for FY result/dividend expectations. Many newbies put head after when they notice IGG after marking down or after q1 result and only to buy at higher price thinking the price would be sustained but alas the price kept going down till it get to a certain level it will be galloping. So i enter at a very good price qualify for the dividend, wait for IGG then bail out. One has to be smart the theory of when you buy a stock you own it as if is your company in economy such as Nigeria? Haa i no do! Most important thing for me is for my money to keep working 24/7, TB, mmf are there for me to tap into while waiting for another planting season.

rationalmind:


For starters, follow this thread over the next 6 months, ask questions and use Google when you're not clear. There are quite a number of teachers here. Mcy56 has been a good and consistent one

There are tons of books on the internet available for you to read alongside.

When you feel you've gathered enough knowledge, open a stockbrocking account and start with little cash ( Shouldnt be more than 100k imo). You can gradually invest more money as time goes on.

Valueinvestor:

Thanks so much, I actually benefitted so much from one of your insights(comments) into UCAP some years back

GonFreecss1:


UCAP one of the sexy stocks I used to own.

GonFreecss1:


UCAP one of the sexy stocks I used to own.

Valueinvestor:

Am sure you are waiting for it to be mispriced again. Just lemme know when you start buying it again o
Am sure you are waiting for it to be mispriced again. Just lemme know when you start buying it again o

awesomeJ:


That kind of success in such a venture as trading doesn't happen by luck.

The guys has a working strategy.

He takes trading as a full-time job, and consistently makes upwards of $6,000 off his 30k account every month, whether it's a bull or bear market. That isn't luck.

Why he reduced his account size to $30k I'm not sure. But it may be that he thinks that's how much he can consistently manage given his current strategy and the surrounding fundamentals.

Same reason Goldman may give you only a $10m portfolio to manage even though they have billions to spare.

yom2:
that is also made possible by a market with consistency in outllook and relatively predictable and more reliable cooperate governance. sti and aiico said they will roll out some rights issue some months ago up till now what has happened?

makashava:
what date is the N1 payment due?

rationalmind:
For starters, follow this thread over the next 6 months, ask questions and use Google when you're not clear. There are quite a number of teachers here. Mcy56 has been a good and consistent one
There are tons of books on the internet available for you to read alongside

Lxdd:
Thanks for the reply. Please can you recommend some books to read?

Valueinvestor:
"Remain flexible and open - minded about types of investment. Your choice of investment should be guided by prevailing circumstances. Sometimes it is better to buy blue chips, sometimes mid cap, sometimes penny stocks, sometimes cyclicals, sometimes it is best to hold cash " John Templeton.
Infact when there is no bargain in the market, you can hide your cash in TB, or fixed deposit, till a bargain appears.

maishai:
Did anyone out there attend Transcorp AGM ??

aremso:
Any how u put it all i know is the strategy am using is ok for me and am very fine with it. The rest is for you to decipher if am working for my money or the money works for me

Mcy56:

Thanks for your invaluable contributions.

dipoolowoo:
UBA Assures Shareholders Greater Dividends in FY2019
https://businesspost.ng/2019/03/17/uba-assures-shareholders-greater-dividends-in-fy2019/

NSE to Unveil Sustainability Disclosure Guidelines Tuesday
https://businesspost.ng/2019/03/17/nse-to-unveil-sustainability-disclosure-guidelines-tuesday/

Valueinvestor:
As long you continue to allow me to sit beside you in class, I must get something to write . All the same thanks, am just trying to write what I copied from you in class

Desanta:
Please I have some shares from different companies I bought through different stock brokers and through IPOs. I don't use any stock blocker currently by I have opened an account with Morgan capital. Is there a way I can bring all my stocks together to be managed under Morgan capital?

Desanta:
Good day all.
Please I have some shares from different companies I bought through different stock brokers and through IPOs. I don't use any stock blocker currently by I have opened an account with Morgan capital. Is there a way I can bring all my stocks together to be managed under Morgan capital?
Thanks.

Mcy56:

Yes. Contact their customer care unit.
Only that Morgan can be slow in attending to this kind of request.....but yours might be different, just keep following it up with them both thru mail and phone call. Good luck.

maishai:


Yeah, You will fill some forms @ Morgan, Pls get your account number and chn Number from the various stock broker or better still get your most recent cscs statement from those brokers take them to morgan and follow their instruction, as for the IPO they need to be dematerialised by morgan.........Anyway you are in for a long walk but it will be done faster if you have all the time to spare

maishai:


Sir , can you give us minutes of what went down at Transcorps AGM

Mcy56:


Chai! I no know book o, I'm still very much a learner, learning from you gurus pls.
I refused to be flattered and I know my sweetheart here will not agree with you either. He will only tell you "you are right".
You are actually doing a great job here.

Mcy56:


Chai! I no know book o, I'm still very much a learner, learning from you gurus pls.
I refused to be flattered and I know my sweetheart here will not agree with you either. He will only tell you "you are right".
You are actually doing a great job here.

dipoolowoo:
The shareholders mainly appreciated the board and management for running the company well. In fact, they were impressed with the financial results and challenged them to do more in 2019FY. Boniface Okezie really praised Tony Elumelu at the meeting.

We are compiling our report on the AGM and should be uploaded soon. I will share the link here when published.

dipoolowoo:
The shareholders mainly appreciated the board and management for running the company well. In fact, they were impressed with the financial results and challenged them to do more in 2019FY. Boniface Okezie really praised Tony Elumelu at the meeting.

We are compiling our report on the AGM and should be uploaded soon. I will share the link here when published.

Mcy56:

Rationalmind come and carry your kwesion oo.

@Lxdd, follow that oga's recommendation and also search for a moniker called godlylifeoneart ,he has tons of books to read or possibly buy. Also search for infinitisi.

yom2:
don't know if am totally correct but I believe all this ones will be approved after both companies have released there results and I expect a small pull back from diamond