₦airaland Forum

That question if treated correct can make you serious money.

mendes911:
But this wasn't in anyway your fault though, it's not about the stock you bought, rather you were in the market when the tsunami started. Which stock hasn't been battered yet?

Prof, what could you have done better

DeRuggedProf:
Don't remind me of this. I told my friend about THIS VERY THING YOU WROTE HERE JUST THREE DAYS BACK.
I read one very detailed opinion at that same time, the writer specifically said this was the best opportunity available. He specifically mentioned that this stock will make the bold very rich cos it was going to cross N10. However he gave the timeframe of three year. He did the kind of analysis OGG is a specialist in. I read that report three times in one night, then went straight ahead and SOLD ALL my FBNH and started random JIJO.
By the third year, this stock actually went past N10.
I made some gains in my JIJO, but my patient brokers were the winners here, just for sitting patiently and seeing me coming in and going out of several doors, THEIR patience paid them more than me.....

Prof this is blinding my eyes!

DeRuggedProf:
Summary of what OGG was saying here below....

Hope this is more helpful...

Yea, my sight is good on reality things not on predictions.

RabbiDoracle:


So you have started seeing well now.

Hmmm.....

The prices are awful to look at, anyway not really bother much,

I trade over and under value, in sometime to come, the swing would be with us

It is a bundle of mixed blessing. Pray for the world !

Why is WAPCO result delayed?

RabbiDoracle:
Open your eyes and look at the prices

You dey fear ni?

And sooo @Loco b4 the shrine

locodemy:
Abeg,forgive us and show us hope.
Maybe the God's will honour your words and turn the market green.

Save your brothers,friends from imminence collapse abeg.

my dear it is no longer about stocks. it is about life. fcmb worth nothing if there is nobody to buy.

prayers are needed now.

locodemy:
If what you said is exactly the way it will happen,we go begin wait for fcmb at that 90kobo junction.

Chai.......God forbid ooooooo

Not a time to buy anything, God forbid you may need the cash for something else. Some cities are currently under lockdown, Stock might be far away from bottom

chillykelly86:
I was able to cherry-pick mostly at the lowest price for the day. Unfortunately, I was 10k unlucky with Zenith today.

Tomorrow is another day; nothing says they cannot go lower than they did today.

why this kind result now. Show the latest my brother. 10/2019 joor, notting is infaliable, if not for this virus WAPCO should do very well.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/26401_LAFARGE_WAPCO_PLC._FINANCIAL_STATEMENTS_JUNE_2019.pdf
Oga Peteru is consoling himself. I need to go and look for one powerful meme to commiserate with him when the result is eventually released

Yes as well recession if this rage of VIRUS is not subside.

Godisfaithful:
Currency devaluation on your door steps. Please don’t stone me...Focus on what works for you. Buy 1 get 10 free is almost here

I close my eyes

Intendy:
Stocks with new 52 week lows

Wema #0.54k

Unity bank #0.50k

GSK #4.20k

Npf microfinance Bank #0.95k

Eterna #1.99k

GTB #23.80k

Stanbic #32.50k

Redstarex #3.25k

NB #40.50k

Cadbury #8.10k

ETI #5.40k

Pz #4.50k

Oando #2.70k

You cant be telling all the truth, experience is the best teacher,

locodemy:
This is really sad.The most affected people are the long term investors,dividend hunters and newbies who just came to taste the market.

The +10% people quickly grab a small loss at -10% and run four forty without looking back.

I promise to remain a 10% man in this market even after this storm.I have even adjusted to 7% self.

I had the opportunity to bail out fcmb at 7% but 10% didn't allow me.Now I bailed out at just 2% feeding my broker 1.35% from the 2%.Seeing fcmb today at 1.70 says a lot with the KING (cash) at my hand.

Afterward they sold as high as ........................................?

PETERiCHY:
Remember just 4yrs ago

Zenithbk sold for N9
GTB sold for N13
Stanbic sold for N12.50
UBA N3.
ACESSSBK N4.
Fidelity, Sterling bankk and FCMB all sold below 90kobo.

So its a long walk to FREEDOM.

*ThE OcToPuS*

Today is not a good day for results

Half true. How many Jijoist have been trapped. Make them enter now?

PETERiCHY:
That's why JiJOist rules while others follow

Yea, I have majorly 2 stocks ZEE and WAPCO. My Zee is still in profit having bought N17.5 with N2.5 div the price dropped to N15, If Zenith gets to N15 and below I can start to average down.

Agbalowomeri:
I think only long-term funds should be left in the market as at now
It could get very ugly

Too Bad! God save the world. Not only the price, Nigeria could not lift crude to both China and Europe.

Hope you know what that means? God save us

Agbalowomeri:
Brent at 50
Obene kwa kwa

Dont be a bad guy

PETERiCHY:
Meanwhile the way Mr market is dealing with NSEMPA

I tire ooooooo

PETERiCHY:
DANGCEMENT & WAPCO WALL-CLOCK for NSE room no dey work again. If know you know

Ha ha ha............... Prof where you see am? You want Oyinbo to come use us for test piece be that

DeRuggedProf:
Blacks are surviving it.......
Soon people tested negative will be relocating to Nigeria to avoid contamination in their countries, where they are at a high risk....

Naa under the the pillow now and cash on top, Lol!

Agbalowomeri:
US identifies first case of coronavirus
No be village I go go hide so

are they declaring 1 for 1 bonus

godlyguy:
I'm full of PRAISES I got into WAPCO... IT'S NOW TIME FOR COMFORTABLE REWARDS

THE SMART GUY

I will also add that you develop what makes you money.
Overtime you would be good at it.

Mcy56:
Thanks sir. This seems better.

Put in your bid, no go get at those prices. At least I tried one. Peter don tell you say naa cross trade.

Put in your offer they are likely to snap it

stcool:
Peter you have a point....the way price goes down and closes same price says a lot.

Time to start accumulation, tomorrow Lego!

At this point... Worst that can happen is Parent company makes a take over offer.

Even if after result comes out and price drops,I keep buying. Anybody willing to take over must pay above N45 in the future.

May be men in black want more units from the itching fingers AKA JIJO unlimited

PETERiCHY:
You sold your FCMB. HONEYWELL and WAPCO at loss . So better deal with it and move on.

Meanwhile let the CROSS DEALS and FINISHING TOUCHES going on WAPCO keep getting you and Stcool confused till they released FY result.

Wao!! he be like say nothing do am(P)?

We dey watch, only be careful, make you lose some teeths

locodemy:
Peter is now my pepper soup.

I told him.I will poo him out on Friday @ #10(Wapco)

Yea 15,50 what is going on. The more you look the less you see.

PETERiCHY:
You sold your FCMB. HONEYWELL and WAPCO at loss . So deal with it.

While let the cross deals and finishing touches going on WAPCO keep confusing till they released FY result.

Haba, the thing pass NSE ?

TraDeRR:
I don die oo

locodemy:
Peterichy now on wapco's cooking pot.
Pepper soup go soon be served.

Bigjay01, I thought you are now a JIJO Apostle

bigjay01:
Nne you are speaking my language. Beats all devaluation noise.
I don't mean buying dead companies.

Yea, price is low. Not yet ridiculously low.

We always have ridiculously low at the time of recession.

Mcy56:
This is the type of time long termers wait for.
When prices will become ridiculously low.

Holala ! wao I admire your way !!!

Biafran4life:
Thinking of adding more to mine.Oga do you think is a good bargain price at this price... respect.I have long stopped listening to the noise in this market and some of the oga that speak from both side of thr mouth for thr personal gain.I have been in nse since 2000 so nothing is new again to me.The truth is I have made more gain than lose with all the crash.The likes of zenith at 10.60,gtb 10.90,ubc less than 1.00,Apr 1.20,Dan sugar 6.00 and the list goes on.Over the years dividend has cancelled the capital invested even with all the lost in oceanic, tantalizer,japaul abc, numerous insurance coy.Pls this my personal experience and opinion.The kill was forte oil at 30.00 and sold at 290 .Then Dan floor at average of 4.00 and was paid off by olam