locodemy:


It is a small cap stock with free float issues.You don't expect it to trade more than it traded.

What moves stocks in that way is TA and sentiments.It has happened to Transcorp and livestock in the past if you remember.

So what do you have to say about that?

And I remember I warned people about Transcorp. Same angst against me then. What is happening to Transcorp today? What about the people unfortunately trapped in it?

locodemy:


I had 1.2m units of that stock which I offloaded in one day.If I have up to 10m units,I would have offloaded it too 'cos the bids of the stock was in millions then.

Even the 1.2m units,I was not able to buy them in one day,it took me many days to get quite a number likewise jaiz bank took me many days to get a volume of it and I offloaded in one day.when the number of os at the floor is less than 30% of total os,it becomes a liquidity issue.

Some stocks are not available for people to buy and buyers are not also interested.Buyers are willing for Neimeth shares and that's why it did 10 10% for almost 3 weeks.

What anyone who is concern should do is to tackle the mgt to release more of the shares to the market.Free float deficiency is what we are battling in most Nigerian stocks.

I am seeing that coming to Japaul in the coming days after their right issue.

10 million would have crashed the price to immediate 10% down, and you would have to trade it the next day to continue. Don’t tell me what you would have done...

The average daily volume was available for everyone to see.

GonFreecss1:


10 million would have crashed the price to immediate 10% down, and you would have to trade it the next day to continue. Don’t tell me what you would have done...

The average daily volume was available for everyone to see.

Alright.lets move on.
Everyone can't be making money in this business as you want and it continues like that.

But talk true,if you were lucky to find yourself in Neimeth before the rally,will you agitate now,will you post all these?

Your sense of humour is unique.

locodemy:


Alright.lets move on.
Everyone can't be making money in this business as you want and it continues like that.

But talk true,if you were lucky to find yourself in Neimeth before the rally,will you agitate now,will you post all these?

Your sense of humour is unique.

Lucky to find myself in Neimeth? Sir I will never have been in it.

But I wish I would have been lucky to find myself at the opposite end, short-selling the life out of it. Did the same to Diamond and Transcorp, via an irregular means. Enjoyed it very much.

GonFreecss1:


And I remember I warned people about Transcorp. Same angst against me then. What is happening to Transcorp today? What about the people unfortunately trapped in it?

Ok.I see.
Long termer.
I am only concern about the money I make now.Tomorrow is not always certain.

Those who made money in Transcorp then knows not what you are talking.we can only remember there was a time we made a kill.

There will always be a kill in Transcorp.It never yet an abandoned property.

megawealth01:
Should I call names?

My hand no dey o

locodemy:


Ok.I see.
Long termer.
I am only concern about the money I make now.Tomorrow is not always certain.

Those who made money in Transcorp then knows not what you are talking.we can only remember there was a time we made a kill.

There will always be a kill in Transcorp.It never yet an abandoned property.

I am a long termer, but don’t think I wouldn’t go short term if what I hold becomes overvalued too fast. Hell! after I sell-off, I can even go the opposite direction just to milk more depending on my mental state and how much risk management I have put in place.

Loool! Mr Loco. Thanks for bantering with me this morning though. Some things have to be said, just said mine o.

GonFreecss1:


I am a long termer, but don’t think I wouldn’t go short term if what I hold becomes overvalued too fast. Hell! after I sell-off, I can even go the opposite direction just to milk more depending on my mental state and how much risk management I have put in place.

Loool! Mr Loco. Thanks for bantering with me this morning though. Some things have to be said, just said mine o.

Thanks.You are always welcome.
I understand you better based on your investment plan.

Have a nice day

Hello house, I plan buying shares today .Any idea on shares to buy, for how long can I leave it and when should I sell? Pls I need help

locodemy:


Calm down and follow this market with charts now.Dont rely much on fundamentals else you will be lost.

Oracle told me last time that I may not know when the peak of the stocks will come and I asked him do you think I will not know?What will help me to know is charts.

The bears will come when everyone is buying heavily sometime this year and I am sure it gonna be when you are shouting bull bull.

Be very smart bro.

Even at time like this, chat will fail you. Nobody knows the mind of market. The investors and stock traders both foreign and local make up the market, one global over night occurrence might change the direction of the market, even the market makers (MM) wouldn't even stop it, they will even be the first to follow the direction of Mr market.

As no one time the market, some group will always win, those inside want the market to move forward and those outside want the market to come down, and all time investors want the stock price to come down with stocks fundamental remaining intact so that he will keep on increasing the number of his share unit, as well as to keep on enjoying his yearly dividend.

Multiplier7:
Hello house, I plan buying shares today .Any idea on shares to buy, for how long can I leave it and when should I sell? Pls I need help

If this is your first time, buy stocks with higher dividends yields.
Zenith, GTB, Dangote Cement.

But wait and watch their prices come down before buying.

machine606:
Thanks to all the ancestors here.
I have gone through quite a number of previous pages. Good work
we the new comers are learning. More Green to your dashboard.
plz will having more than two brokers hurt me anytime.
I am using chaka but it seems is for those operating in larger numbers. imagine paying 159 for stock of #2500. Or is it same with others. Also is it possible to tick companies you don't have their shares yet when filling for e-dividend forms?
Thanks.

Sent you an email. Please reply, thanks.

Multiplier7:
Hello house, I plan buying shares today .Any idea on shares to buy, for how long can I leave it and when should I sell? Pls I need help

If you can still wait till next month of July, you can get most of sound fundamental stocks at their good lower price.
Stocks like
Zenith bank
UBA
Afriprudent
Ucap
Fidelity
Fcmb
Dangote cement
GTB

OBAGADAFFI:


If this is your first time, buy stocks with higher dividends yields.
Zenith, GTB, Dangote Cement.

But wait and watch their prices come down before buying.

Yes, it's my first time...I HV heard you... But how long can I wait?

Chibuking81:

If you can still wait till next month of July, you can get most of sound fundamental stocks at their good lower price.
Stocks like
Zenith bank
UBA
Afriprudent
Ucap
Fidelity
Fcmb
Dangote cement
GTB

OK...first week or second week?

[quote author=GonFreecss1 post=90970846]

10 million would have crashed the price to immediate 10% down, and you would have to trade it the next day to continue. Don’t tell me what you would have done...

The average daily volume was available for everyone to see. [quote]

You are correct. One smart Alec could have pulled this off single handedly. Anyway let beneficiaries enjoy. Not sustainable and very dangerous game.

PETERiCHY:


The NSE you are trading get straight leg

GonFreecss1:


10 million would have crashed the price to immediate 10% down, and you would have to trade it the next day to continue. Don’t tell me what you would have done...

The average daily volume was available for everyone to see.

You are correct. One smart Alec could have pulled this off single handedly. Anyway let beneficiaries enjoy. Not sustainable and very dangerous game.

Una dey see Japaul?

leo1234:


Wicked man.

Remember one of us sold his land to invest heavily in this stock.

Seunn11 is not a wicked man, he has the right to desire UACN @ N4 just I desire to buy more UACN @ N5. Even ARM also has the right to desire to sell their UACN @ N96.

Now to correct an impression, I did not sell my land just because I was in a horry to buy UACN, rather I sold it to provide for a back up in case the price of UACN choose to go down after investing 100% of what I had in my porfolio before selling the land. As it stands now I have a whole lot of cash (sales of the land, dividend of wapco and little dividend of JB. And I am still waiting for the dividend of UACN by 16 July to join them in case the unbundling continues to delay) waiting for the price of UACN to fall to N5 and below.

Like I said ealier I am willing to wait for the UACN and the unbundling project untill December 2020.

I have no fear at all because i did a very good research before deciding to invest into UACN

I konw what I am investing into and my reason for investing in it.

One of the top secrets of the world billionaires is that they invest in things that they know very well they do not gamble

Multiplier7:


Yes, it's my first time...I HV heard you... But how long can I wait?

Monitor the prices movement till Friday.

https://leadtraderng.com/security-overview/

Uchetoba:
Seunn11 is not a wicked man, he has the right to desire UACN @ N4 just I desire to buy more UACN @ N5. Even ARM also has the right to desire to sell their UACN @ N96.

Now to correct an impression, I did not sell my land just because I was in a horry to buy UACN, rather I sold it to provide for a back up in case the price of UACN choose to go down after investing 100% of what I had in my porfolio before selling the land. As it stands now I have a whole lot of cash (sales of the land, dividend of wapco and little dividend of JB. And I am still waiting for the dividend of UACN by 16 July to join them in case the unbundling continues to delay) waiting for the price of UACN to fall to N5 and below.

Like I said ealier I am willing to wait for the UACN and the unbundling project untill December 2020.

I have no fear at all because i did a very good research before deciding to invest into UACN

I konw what I am investing into and my reason for investing in it.

One of the top secrets of the world billionaires is that they invest in things that they know very well they do not gamble

I mean averaging down @ N5 and below will be worthy Ventures if you ask me.

AIICO will join 52 weeks low after their mark down, next tomorrow ( 5 share bonus ÷ 13 share = 0.38k. Then current price of 0.97 k - 0.38 = 59 kobo against their current 52 weeks low of 60 kobo)

Uchetoba:

I have no fear at all because i did a very good research before deciding to invest into UACN
I konw what I am investing into and my reason for investing in it.
One of the top secrets of the world billionaires is that they invest in things that they know very well they do not gamble

I commend you for being very convinced about your investment. I particularly like it that you did as much research as you could before putting your money into the company which is the first rule of investing.
I sincerely do hope that it pays off for you handsomely... Also remember that you've surrendered your money and it's possible proceeds to the whims of the UACN board...

All the very best...

JAPAULIANS

52 Week High:0.33

52 Week Low:0.20

What is your profit if you buy @0.20 and sell @0.33

Don't forget to add charges.

Quick question guys...
Has Dangcem been marked down for the N16 dividend? was the 139 share price of last week - post markdown?

DrAwo:

I commend you for being very convinced about your investment. I particularly like it that you did as much research as you could before putting your money into the company which is the first rule of investing.
I sincerely do hope that it pays off for you handsomely... Also remember that you've surrendered your money and it's possible proceeds to the whims of the UACN board...

All the very best...

Thanks a million

Chibuking81:
AIICO will join 52 weeks low after their mark down, next tomorrow ( 5 share bonus ÷ 13 share = 0.38k. Then current price of 0.97 k - 0.38 = 59 kobo against their current 52 weeks low of 60 kobo)

AIICO is not making sense at all.

Good morning house, any news on Dangote Sugar dividend?

Whosoever that is interested to buy and get the allotment of 5 bonus share per 13 holding share of AIICO is advised to hold on, because he will not only allot himself 5 bonus with the same amount he/she holds now without waiting for their registrar to credit his stockbroking account after filling the form including the time wasted, but will get additional bonus maybe more additional 1 or 2 bonus making it 6 to 13 by next week.

Uchetoba:
Seunn11 is not a wicked man, he has the right to desire UACN @ N4 just I desire to buy more UACN @ N5. Even ARM also has the right to desire to sell their UACN @ N96.

Now to correct an impression, I did not sell my land just because I was in a horry to buy UACN, rather I sold it to provide for a back up in case the price of UACN choose to go down after investing 100% of what I had in my porfolio before selling the land. As it stands now I have a whole lot of cash (sales of the land, dividend of wapco and little dividend of JB. And I am still waiting for the dividend of UACN by 16 July to join them in case the unbundling continues to delay) waiting for the price of UACN to fall to N5 and below.

Like I said ealier I am willing to wait for the UACN and the unbundling project untill December 2020.

I have no fear at all because i did a very good research before deciding to invest into UACN

I konw what I am investing into and my reason for investing in it.

One of the top secrets of the world billionaires is that they invest in things that they know very well they do not gamble

All the best bro.

Uchetoba:
Seunn11 is not a wicked man, he has the right to desire UACN @ N4 just I desire to buy more UACN @ N5. Even ARM also has the right to desire to sell their UACN @ N96.

Now to correct an impression, I did not sell my land just because I was in a horry to buy UACN, rather I sold it to provide for a back up in case the price of UACN choose to go down after investing 100% of what I had in my porfolio before selling the land. As it stands now I have a whole lot of cash (sales of the land, dividend of wapco and little dividend of JB. And I am still waiting for the dividend of UACN by 16 July to join them in case the unbundling continues to delay) waiting for the price of UACN to fall to N5 and below.

Like I said ealier I am willing to wait for the UACN and the unbundling project untill December 2020.

I have no fear at all because i did a very good research before deciding to invest into UACN

I konw what I am investing into and my reason for investing in it.

One of the top secrets of the world billionaires is that they invest in things that they know very well they do not gamble

I love this guy he is very courageous