locodemy:


Hope you know if I am trapped @ Sterling bank,you are also trapped @ Gsk.

And if I remember,you were loading Sterling bank above #2 and caverton arnd #2 not quite long ago and you haven't sold o.

I have done more than 5 Jijo in different stocks in this week alone including Gsk.I withdrew good portion of the profit for goat meat and nkwobi and reinvested others.

Let's see how today goes Sha.
Next week will give a clue of whether to remain in the market or go for break.

But I see another consolidations/breakout soon If not Xmas expenses onboard now.But whereby there is no better place to put money for good returns,people will be forced to continue with stocks till things get clearer.

how I wish I have a big pocket like you for JiJo... loco loco

emmasoft:


VBF - Vantage Balance fund is also a mutual fund. While VGIF is in the fixed income category with guaranteed capital and interest/income and major underlying asset on FGN Bonds, VBF on the other hand does not guaranteed capital and interest/income reason being that the major underlying asset is equity with some real estate and money market instrument. The reason for its doing well now is because of the current positive activities in the stock market.
VBF is more or less like investing in the stock market the difference is that you leave the picking of equities in the hands of the fund managers.
it's good but it's risky compare to VGIF. The 14% you see can become negative if the NSE goes south or can be higher if there is crazy bull at the floor of the NSE

what is the minimum opening balance for VGIF?

DUNKA:
what is the minimum opening balance for VGIF?

50k, subsequent Investments can be 5k and above

The market will continue to be like a pot upon the Nile for now which will be appealing to the JIJOist. Buy with absolute caution to not get fingers burnt. To the JIJO newbies, always net off all commissions and charges before you know your exit and entry.

unite4real:
The market will continue to be like a pot upon the Nile for now which will be appealing to the JIJOist. Buy with absolute caution to not get fingers burnt. To the JIJO newbies, always net off all commissions and charges before you know your exit and entry.

whats the right % to offset charges
Awon enter jijo ministry

smartking1:
Our Forex Robot makes consistent profit, let it do the hard work for you.

Research has shown algos loose more money than it makes. The best forex strategy remains the traditional principles of drawing levels, understanding price action, applying right indicator and trading at area of value.

Hmmm which direction today, be sey na only me dey this room......

JAPAUL OIL Q3 2020
http://www.nse.com.ng/Financial_NewsDocs/31842_JAPAUL_OIL_AND_MARITIME_SERVICES_PLC%20_QUARTER_3_%20_FINA.pdf

Japaul exited her loss position already since Q1 2020. Hope we can still remember the waiver from Access.
we continue to keep eye on this coy.
Not any form of recommendation. Haters keep off........

FTN COCOA is back with "RST" Label..............restructuring.............
Suspension lifted...........
For the benefits of shellholders asking............. cc: Jamace
Q3 2020 RESULT:
http://www.nse.com.ng/Financial_NewsDocs/31956_FTN_COCOA_PROCESSORS_PLC%20_QUARTER_3_%20_FINANCIAL_STATEM.pdf

Coolcash1:


Research has shown algos loose more money than it makes. The best forex strategy remains the traditional principles of drawing levels, understanding price action, applying right indicator and trading at area of value.

very apt.
price action coupled with level(zone) is key.
PRICE IS KING.

Mcy56:


FTN COCOA is back with "RST" Label..............restructuring.............
Suspension lifted...........
For the benefits of shellholders asking............. cc: Jamace
Q3 2020 RESULT:
http://www.nse.com.ng/Financial_NewsDocs/31956_FTN_COCOA_PROCESSORS_PLC%20_QUARTER_3_%20_FINANCIAL_STATEM.pdf

Interesting

I announced here when I offloaded all my STERLING... I bought Sterling at around 1.15-1.20 naira... Sold all at above #2...

I only have CAVERTON and GSK from your mention... I bought for midterm and I announced same here... Loco nwanne relax jare... You go calm down small for Sterling

locodemy:


Hope you know if I am trapped @ Sterling bank,you are also trapped @ Gsk.

And if I remember,you were loading Sterling bank above #2 and caverton arnd #2 not quite long ago and you haven't sold o.

I have done more than 5 Jijo in different stocks in this week alone including Gsk.I withdrew good portion of the profit for goat meat and nkwobi and reinvested others.

Let's see how today goes Sha.
Next week will give a clue of whether to remain in the market or go for break.

But I see another consolidations/breakout soon If not Xmas expenses onboard now.But whereby there is no better place to put money for good returns,people will be forced to continue with stocks till things get clearer.

Mcy56:
JAPAUL OIL Q3 2020
http://www.nse.com.ng/Financial_NewsDocs/31842_JAPAUL_OIL_AND_MARITIME_SERVICES_PLC%20_QUARTER_3_%20_FINA.pdf

Japaul exited her loss position already since Q1 2020. Hope we can still remember the waiver from Access.
we continue to keep eye on this coy.
Not any form of recommendation. Haters keep off........

FTN COCOA is back with "RST" Label..............restructuring.............
Suspension lifted...........
For the benefits of shellholders asking............. cc: Jamace
Q3 2020 RESULT:
http://www.nse.com.ng/Financial_NewsDocs/31956_FTN_COCOA_PROCESSORS_PLC%20_QUARTER_3_%20_FINANCIAL_STATEM.pdf

Japaul... Who go ja next?

What's your advice on ftn cocoa... Should we buy?

megawealth01:
Japaul... Who go ja next?
What's your advice on ftn cocoa... Should we buy?

Lol. FTNCocoa was getting attention before the suspension, we dont know what was driving it then.
I posted one information around that time, cant remember what exactly it was all about. again.
This coy is in agric sector, we dont know what could happen in future ...............but as it is, their financials wasnt okay at all.
..............lets keep eye on it first and be on the lookout for any info that may be beneficial to the coy.............

Market is trading flat..................with low volumes across board...............
Prices not falling, neither moving up in most stocks................

Mcy56:
JAPAUL OIL Q3 2020
http://www.nse.com.ng/Financial_NewsDocs/31842_JAPAUL_OIL_AND_MARITIME_SERVICES_PLC%20_QUARTER_3_%20_FINA.pdf

Japaul exited her loss position already since Q1 2020. Hope we can still remember the waiver from Access.
we continue to keep eye on this coy.
Not any form of recommendation. Haters keep off........

Can you give a little more analysis on this one?

Mcy56:
Market is trading flat..................with low volumes across board...............
Prices not falling, neither moving up in most stocks................

The volumes will start showing up from next week. Dividend season on the horizon

Jochez15:

Can you give a little more analysis on this one?

Japaul issue was discussed extensively here some times ago......
It generated and used to generate lots of controversies...........
I'll advice you look more in the way of fundamental stocks and leave Japaul for the fans............lol.
The coy recently divested (went into) another biz (aside their core biz)..................the Mining sector to explore it.
There's a plan by the management to come to the market in form of IPO/right issue/Private placement or maybe source for investors......this was approved by the coy directors in their last AGM.

Nothing happening in the stock for now....................(except maybe for some investors/Jijoists positioning ahead of the IPO/right issue, in case they will pump the price to suit the purpose) ............

Mcy56:

Japaul issue was discussed extensively here some times ago......
It generated and used to generate lots of controversies...........
I'll advice you look more in the way of fundamental stocks and leave Japaul for the fans............lol.
The coy recently divested (went into) another biz (aside their core biz)..................the Mining sector to explore it.
There's a plan by the management to come to the market in form of IPO/right issue/Private placement or maybe source for investors......this was approved by the coy directors in their last AGM.

Nothing happening in the stock for now....................

Thank you.
As Unilever is able to cut down their lost this last quarter compared to the previous year. Will it translate into increase in stock price. Considering the fact that the stock price lower than what it is sold by this time last year?

Mcy56:

Lol. FTNCocoa was getting attention before the suspension, we dont know what was driving it then.
I posted one information around that time, cant remember what exactly it was all about. again.
This coy is in agric sector, we dont know what could happen in future ...............but as it is, their financials wasnt okay at all.
..............lets keep eye on it first and be on the lookout for any info that may be beneficial to the coy.............

I think it was because of there were no release of its results since q1 2019, when they did sometime this year for q1 2020, they were improvements YOY, although still in the RED .
With the euphoria of being in the Agric Sector coupled with this government plans for agriculture and all, it just caught up with livestock, okomu, and Presco in the bull run back then. We wait to see more.

Jochez15:

Thank you.
As Unilever is able to cut down their lost this last quarter compared to the previous year. Will it translate into increase in stock price. Considering the fact that the stock price lower than what it is sold by this time last year?

Do you mean "cut down their loss in Q3 compared to Q2"....and not last year?

Anyway, Unilever still needs to do something about their huge expenses, it's chopping too deep into their profits.
If they can successfully do this, it will translate to improved results and price appreciation over time.

Are you trying to ask if you should buy or not?

Zagee:
I think it was because of there were no release of its results since q1 2019, when they did sometime this year for q1 2020, they were improvements YOY, although still in the RED .
With the euphoria of being in the Agric Sector coupled with this government plans for agriculture and all, it just caught up with livestock, okomu, and Presco in the bull run back then. We wait to see more.

For the second part Yes. This govt is trying to encourage farming and have lots of plan for the sector.
Quite a lot of enlightenment and empowerment programs going on in Agric sector, let's just pray that those on top will not mess up the plan by diverting the funds meant to support farmers, especially low scale ones.
Investors may come up to acquire the coys or govt may decide to pump money into it........bigger coys may equally acquire the smaller ones, we don't know what may happen.
Livestock for instance has been witnessing patronage these past days/weeks, I think it has to do with the interest in Agric sector too.
This is just my opinion anyway......not any form of advice.

emmanuelewumi:


50k, subsequent Investments can be 5k and above

thanks

Has uac prop released any statement regarding qualification date for the REITs unbundling after their court ordered meeting?

Coolcash1:


Research has shown algos loose more money than it makes. The best forex strategy remains the traditional principles of drawing levels, understanding price action, applying right indicator and trading at area of value.

As Warren Buffett and Charlie Munger once said know your circle of competence - don't spread misinformation.

https://www.google.com/amp/s/www.theafricareport.com/48706/nigeria-if-you-thought-2020-was-bad-brace-yourself-for-2021/amp/


We watch and see wetin go happen

FBN Result is out already.
*edited*

I have entered FTN COCOA as gamble levels... Those who dumped on me thanks

Transcorp again topped the volume chart for today.
2nd place to Zenith Yesterday.
So who are those buying this 'scam'?
Anyway, na Wetin I say make I come talk be that cos we dey monitor am.
Lol. Make Una no mind me o.
Happy weekend to all.

megawealth01:
I have entered FTN COCOA as gamble levels... Those who dumped on me thanks

OYO
Oh sorry, good luck!
You know I'm keen on knowing what that restructuring is going to be all about. Who knows your gamble may pay off..........and if it's otherwise, na OYO level you dey.

if you don't think that this has a bearing on our market, then you've got another think coming

Mcy56:

OYO
Oh sorry, good luck!
You know I'm keen on knowing what that restructuring is going to be all about. Who knows your gamble may pay off..........and if it's otherwise, na OYO level you dey.

Nobi small oyo jare

Coolcash1:


Research has shown algos loose more money than it makes. The best forex strategy remains the traditional principles of drawing levels, understanding price action, applying right indicator and trading at area of value.

Read up on Jim Simmons, his funds approach has largely been algo-based, both in the forex and securities.