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PuristForest's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:28am On Aug 15, 2025
Locotrader:
I want to take away 100m off from the market and lock it in Wema-Alat fixed deposit for 365 days.
I want to take the interest upfront.
After deducting the 10%,I will receive 15,756,000 as interest for 12 months.

Is this a wise decision since I don't want to keep it in the stock market?

17.75% per anum

Pls make Una put mouth
Why not rinse and repeat in the market...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:02am On Aug 15, 2025
Streetinvestor2:
This for the people who want to invest in insurance sector.
Use nem insurance as bench mark.I used nem because it was a stock I had plenty afolabi units and later sold at #2 plus. I regret it.
Which of the insurance stock do u feel can repeat what nem has done from the 2 plus to 30 plus based on fundamentals. If u find such insurance stock. My advise is accumulate now.
Most insurance stocks are in price discovery, and have peaked at wave 3 of 1..suggesting that there may be one more leg up...many will find support around the 38and 50 Fibonacci levels. you're right "accumulate" is the right term, but shine eyes, what we see may not be what they play......personally still watching for more signs....massive opportunities and massive risks!!!!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 10:52am On Aug 15, 2025
DEAPCAP, a high risk speculative asset, offers price appreciation potential, evidenced by strong short-term returns, but such gains appear disconnected from its weakening financials...but i am bullish, the chart says money is entering and the asset can double in price......DYOR https://ewnation.com/category/stock/nigeria
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:32am On Aug 13, 2025
mikeapollo:
I try to ignore most posts that do not align with my purpose of me being on this forum.
Virtually most stocks have been bad-mouthed by some people on this forum at one time or other, so the cycle would never end if we should be tagging/taunting people with the performance of various stocks.
And let us remember that a person who condemned a stocks may actually go behind and buy huge volumes (larger than yours) of the same stocks. Hence, while we are taunting him (and feeling vindicated), he may be making more profits than us on the same stocks.
On a lighter note, for example, @Bovali gave a professional, in-depth analysis of why Oando was not a good buy. But she went back and made a huge kill from the same stocks without anyone of us knowing until she revealed her profits.
Well, thats why you do your own research, nobody here can tell where an asset, we only make a best guess based on one system or the other. As you are here, you should also develop your own system of trade/investment and learn to follow and improve it. I only started making huge profit when i blanked out every and focused on doing and learning stuff things myself, its my money.....i will hear you and listen but i will train and develop my trade....Always document everything, you learn faster that way. Never stop learning.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 10:12am On Aug 11, 2025
Prestige Assurance could see its valuation doubled. For interested
https://ewnation.com/category/stock/nigeria
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:32am On Aug 05, 2025
Gone back to Afrinvest, had the account opened for a while along with morgancapital but didn't use it much, now i just executed my lasaco buys and it went fine....looks like i have to explore it further and interface looks very okay. Does any one here use it....Guys, lesson always have your alternative ready to go.....for the interested https://ewnation.com/category/stock/nigeria/
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:05am On Aug 05, 2025
not sure whats wrong with meritrade, can't place order today
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 10:29am On Aug 04, 2025
whats going on with meristrade order page and statement page, seems they've not been working. anyone has a response from them on when issue will be resolved.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest:
mikeapollo:
Are you still interested in loading Oando?
Are you not discouraged by the Q2 2025 results?
shared in our weekly wrap up our position on oando, still a very high ticket item tbh and i think that we will soon see the end of wave 2,may overlap 49.4 to 44.7, the 61.8% of wave 1 but cant violate 41.7 again. Oando is up for some good loading.....dyor
https://ewnation.com/wp-content/uploads/2025/08/bandicam-2025-08-03-08-32-02-452.mp4
https://ewnation.com/category/stock/nigeria
That chart looks sick, it dont get better than that...break low or break high, choose your side head or tail?

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 7:12am On Aug 01, 2025
Lacking any evidence of a turn higher such as a five-wave advance, there is scope for lower in Ellahlakes ..check out our latest analysis including updtes on Ellahlakes, chams and japaul https://ewnation.com/category/stock/nigeria/
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 1:21pm On Jul 30, 2025
short term correction continues for some assets, long term bullish...for me, good time to rebase portfolio. check out our latest including japaul, chams, mtnn, omatek and caveton https://ewnation.com/category/stock/nigeria/
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest:
bumped into this report published by kpmg recently, of 47 surveyed countries on trust, attitude and use of ai, Nigeria just keeps making the top tables in many of the surveys. tbh im not sure what to make of it, however, i feel most concerned about is the perception of trustworthiness of ai systems amongst nigerians and this can be a trojan horse to easily control the narrative within a nation. Whilst data is a commodity and countries are building more data centers, we have ultimately remained consumers and have little future in shaping the future of ai as a whole. https://assets.kpmg.com/content/dam/kpmg/th/pdf/2025/07/trust-attitudes-and-use-of-ai-global-report.pdf
https://ewnation.com/latest/
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 1:03pm On Jul 24, 2025
Oando has shown a significant sign of strength today surpassing previous resistance at 56....im still bearish and not scaling ..if e wan go make e go....
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 10:56am On Jul 24, 2025
222Martins:
The best time to enter a stock is when there is zero attention or sentiment towards the stock. To those who entered Dangote Sugar between N35 to N40, enjoy the ride and cheers to 100+% capital appreciation before 31st December 2025.
definitely enjoying the ride..half mil shares since 32.47.....all good
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 4:39pm On Jul 23, 2025
elpaso007:
What are people doing here?! It is clear a lot of people are doing FOMO & buying into what they don't understand...
Enamelwa is a good buy, its one of those asset you buy and forget.....may not be doing much now but the paths exists for the asset to double in price...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 4:38pm On Jul 23, 2025
elpaso007:
What are people doing here?! It is clear a lot of people are doing FOMO & buying into what they don't understand...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 4:37am On Jul 23, 2025
As Oando bears remain in control, two alts play out in our latest Elliot Wave analysis, check it out https://ewnation.com/oando-bears-order-narrative-now/
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 3:29pm On Jul 22, 2025
PETERiCHY:
DANGOTE SUGAR though it's almost on full bid @#56

BARGAIN HUNTERS TAKE NOTE!
get sunnuassur..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 1:16pm On Jul 17, 2025
el has met the minimum requirement for a reversal in wave 4 postion. anything below 9.6 not good for the bulls .......still watchingl...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 9:53am On Jul 16, 2025
Oando has been sideways for a bit now and we think that there are only two main scenarios..49-69-53 and above 100 or we head straight to 28.4. in any case, we keep monitoring this asset https://ewnation.com/oando-may-yet-fly-again/ ..ellahlake pullback was much anticipated and welcome, asset is still in contention as its not done yet - https://ewnation.com/oando-may-yet-fly-again/ ..accescorp in a frenzy and bulls are firmly in control for now https://ewnation.com/oando-may-yet-fly-again/.....nascon like joke is breaking an all time high and its still not done yet https://ewnation.com/nascon-bulls-breaking-all-time-high/ ..july has presented quite a lot of opportunities and still presenting more...these are really intersting times.....
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:43pm On Jul 15, 2025
megawealth01:
I saw this dude excellent performance on nairaland FP... He deserves so much for this great feat...
he should be celebrated for keeping his eye on the ball all these times w...most importantly he also needs to pray that almighty steers him in the right path...he has the pedigree...but it takes more thsn that to make a difference in this world....
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 6:33am On Jul 15, 2025
we think that money is entering this asset and its timet o get in
https://ewnation.com/sunuassur-have-bulls-arrived/
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:54pm On Jul 14, 2025
PuristForest:
from experience, when everybody begins to analyse and talk about a company stock so voraciously, this is the time to be cautious and even reduce your exposure and just wait for the market reaction. Like said before, many on here especially have seen the needle move on their portfolio, everything you touch turns to gold. This is a traders fallacy and can easily lead to a confirmation bias - this is a tendency to search, interpret, favor and recall information that confirms our preexisting beliefs - a trader who only sees the good side of a technique and ignores the bad side of it despite being exposed to it....in reality we must deal with the exposure, both positive and negative sides of everything that we do. i dont think EL is not done but its extended as is and needs some bit of correction, you can hold but know your limits. personally, i dont see EL doing 15 in this current rally but you never anyone can be wrong in this market, we only put our best foot forward...my thoughts >>
https://ewnation.com/wp-content/uploads/2025/07/ELLAH1H-3.png
https://ewnation.com/category/stock/nigeria/
@crownprince ...go back and look at the chart and tell me what you thunk happened. el to 10.4_11(wave 4) then 16_18
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:34am On Jul 14, 2025
Omooloriredade:
Yes o! Newbie aye!!! One in a million. cheesy

Yes and it's the same GDR you're errorenously referring to all along. It will be delisted as I earlier advised. GTHC is the ticker to follow and it's trading at c. $0.057
was going to quote the lady hustler!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 11:26am On Jul 14, 2025
EDUECO:
Do you want to multiply your money like the monkey hunters?

Or you want your investment to work for you just like in real estate? cool If you're after dividends and preservation of your invested capital; just buy any of the following:

Zenith Bank

GTBANK

ACCESSCORP


Fidelity Bank. coolUBA
as a newbie, stay away from banks, purchase other sectors, they are safer and more assuring, services, conglomerates, consumer goods, industries ...spend some time and reserarch a bit - https://ngxgroup.com/exchange/trade/equities/listed-companies/ , join ewnation.com
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 10:19am On Jul 13, 2025
ceelog:
Very great video. I liked the end part a lot. Definitely bookmarking it.

Also very impressive returns you have achieved over the past 2 years especially as an investor and not a trader.

However one would think it will be very difficult to get such returns in the US stock market as they tend to grow slowly and post dividends of max 7%.

How were you able to get such high returns with just stocks and index funds withina short time?
donaldtrump
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 10:17am On Jul 13, 2025
crownprince2017:
Since you don't sell now you need to prophesize as if you are the market, no p, I will quote you next week, it's just some hours away. grin grin grin
Prophesize...lol😭😂🤯💀👁️👁️
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 10:04am On Jul 13, 2025
Mankind2024:
I dedicate this video clip to my humble self, celebrating another milestone, my perseverance, discipline, focus, and consistency in adhering to the principles of long-term investing through compounding. By avoiding speculation, trading, and betting, I've strictly adhered to fundamental analysis of the Magnificent 7 stocks, and SPDR S&P 500, embracing the marathon journey I've undertaken since 2023. It is not EASY! The marathon continue, victoria acerta.



https://www.youtube.com/watch?v=iVF16Qk9jGQ?si=Sm6vouXngcGPRPOP
welldone, I liked the video, very relevant and subtle nuggets in it..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:26am On Jul 13, 2025
drstranged:
What are easiest stockbrokers to sign up with to trade on the Nigerian stock exchange?
meritrade by meristem i find user friendly ref:https://nairametrics.com/2025/07/05/best-performing-stockbrokers-q2-2025/
InvestmentRe: How Much You Would Have Made In 6 Months If You Invested ₦1 Million In The NSE by PuristForest: 12:22am On Jul 13, 2025
Gboss247:
The stock market is not scam but Nigerian commercial banks have made it a scam because anytime they need funds to recapitalize, they issue new shares destroying the value of the old shares. Imagine buying this share of a commercial bank at N30, it appreciates to N50. Next, CBN issue a monetary policy for banks to recapitalize and rather the commercial banks issuing debts instruments like T-bills, commercial papers, Bonds etc. They issue new stock through right of issue, depreciating the share price back to N1.5 and after like 2 years when it's appreciates to N10. Then, we starting hearing news of stock market is booming.
simply stay away from the banks..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by PuristForest:
from experience, when everybody begins to analyse and talk about a company stock so voraciously, this is the time to be cautious and even reduce your exposure and just wait for the market reaction. Like said before, many on here especially have seen the needle move on their portfolio, everything you touch turns to gold. This is a traders fallacy and can easily lead to a confirmation bias - this is a tendency to search, interpret, favor and recall information that confirms our preexisting beliefs - a trader who only sees the good side of a technique and ignores the bad side of it despite being exposed to it....in reality we must deal with the exposure, both positive and negative sides of everything that we do. i dont think EL is not done but its extended as is and needs some bit of correction, you can hold but know your limits. personally, i dont see EL doing 15 in this current rally but you never anyone can be wrong in this market, we only put our best foot forward...my thoughts >>
https://ewnation.com/wp-content/uploads/2025/07/ELLAH1H-3.png
https://ewnation.com/category/stock/nigeria/
InvestmentRe: How Much You Would Have Made In 6 Months If You Invested ₦1 Million In The NSE by PuristForest: 5:09pm On Jul 12, 2025
Read this post and i see that so many people are ill informed about stock markets in general and the nigerian stock market in particular and its understandable, but if you dont understand something, best thing to do is to step back and do your own research. The stock market is real and it delivers tangible returns to discerning investors. In Nigeria today, access to the market has been simplified by many NGX-online registered stock brokers letting you invest in the Nigerian stock exchange from the comfort of your home.
Access to the market is only part of the journey—informed decision-making is what turns access into returns. Whether you’re new to investing or looking to refine your strategy, staying updated on market trends, sector movements, and technical patterns is key.

Independent platforms like eWNation.com provide educational resources and market analysis tools that can help you understand stock price behavior using frameworks such as the Elliott Wave Theory. While no tool guarantees returns, having access to analytical perspectives can improve your timing and confidence in the market.....

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