₦airaland Forum

aremso:
where are the bonanza people ooo?

Silence, don't disturb, still robbing pillow

Valueinvestor:
Honestly I wish we had a few people here on the board of some companies, we have quite a number of right thinking people on this forum. You can just imagine people like OGG, Tritritri, oga Loco, Myc56, current price, and so on, all on board of sluggish zenithbank, it would have no business being where it is today

Mindless Mr market does not care.

stcool:
This na the receipt after you pay school fees...

Especially when you are ignorant about stock market.

aremso:
Hmmm............. normal consolation words

Yes my brother, If you know what you are doing it always work.

tritritri:
me zenith...not anymore..d one i buy at 22 i still dey leak my wound..d tin just hang..penny stock now ooh.

The market is just trying and teaching you patient. Patience is golden. Enjoy your dividend (10%+) before the arrival of the bull.

Not everyday is bullish.

tritritri:
This MAY is going to be Bloody...Is anyone here seeying it?

Opportunity to make money in good stocks. Buy Zenith even at this price

Thank me latter. No JIJO.

stcool:
Same way Ote$ milked Forte and is leaving with The Power investment. You think Tony will give you the juicy power holdco for a penny. Think again.

This men know Power is a major issue in Nigeria and they are going that way for their selfish interest... Just make your money and Waka from transcorp.

Naa the thing we are waiting for is the bold.

stcool:
I rather continue to accumulate CHAMS below N1.00

Okay ooo. I am not in a hurry! you see investors difference?

stcool:
Transcorp self na wa!

Buy more when it is still undervalue. The train will move one day.

Destination is not far fetched. Tony is not here to sell groundnuts.

currentprice:
Transcorp move purely on the power news. the 2018 fy was bad follow by the bad q1. it expected for pple to get 20% plus and run

though I still believe transcorp will rise who knows whether the poor fy result and q1 was a stage plan to discourage holders cos the latest result not consistence with best so far 2018 Q3

CP 2018 FY was not bad, where you see that. I am not sure of Q1, for me this is activities of professional sellers 42m who knows what they have in mind. If they have not finished buying at bargins, transcorp can not move up. Same thing happens when the stock touched N1.7 (2018 results).

stcool:
This is one company I wont miss their shares upon listing. We are waiting...I see their listing as a market booster and the bull period could last longer, already may is looking juicy. This year we making good money from the market

Hum. after they have finished making the money, nah struggle for market share dey want come give us.

Okay oo fingers crossed.

Loco,

I hail you. I have checked what happened during ugheli 2012 to 2013. Hope we have the same. You are an old man!

Those that will buy high are part of those that would fund the acquisition. There have been a lot of institutional buy.
Now is time to sell high.

gloriousdawn:
Still trading in a range, waiting for a breakout.

You are too technical

Valueinvestor:
Nobody is saying transcorp is not a good stock, infact with the present results/great prospects surrounding the stock, it's a beautiful stock to have in one's portfolio (if gotten at a bargain), what we are saying is that judging by its year low(1.05),present dividend declared, a lot of uncertainties surrounding the market during this period, the current price (1.71) is still highly vulnerable (downside),.
Obviously FOMO, will come into play at first and possibly push the price up a little, but if we think big investors will not react to the declared dividend that would be untrue, with a ROE of 14%,compared to other stocks like nascon (42%),gtb(34%),caverton (96%),zenithbank (25%) and so on.
Picking it at a discount of 20% would not be a bad idea (at least that would be a reasonable margin of safety), Anyway lets watch how things unfold, NEVER SAY NEVER in Stock Market, who knows the price might even reach #5 with the present results ;DNobody is saying transcorp is not a good stock, infact with the present results/great prospects surrounding the stock, it's a beautiful stock to have in one's portfolio (if gotten at a bargain), what we are saying is that judging by its year low(1.05),present dividend declared, a lot of uncertainties surrounding the market during this period, the current price (1.71) is still highly vulnerable (downside),.
Obviously FOMO, will come into play at first and possibly push the price up a little, but if we think big investors will not react to the declared dividend that would be untrue, with a ROE of 14%,compared to other stocks like nascon (42%),gtb(34%),caverton (96%),zenithbank (25%) and so on.
Picking it at a discount of 20% would not be a bad idea (at least that would be a reasonable margin of safety), Anyway lets watch how things unfold, NEVER SAY NEVER in Stock Market, who knows the price might even reach #5 with the present results

What you are saying is that you still want it at a bargain (20% down), Too late buyers have stepped in, the market has moved. Fair stocks are doing 10 - 30 % in a week now not to talk of Transcorp. It is better to buy when the market is going up. Bulls have defiled the current environment. Meaning that they see stability.

No need to mention !!1

CP. I gave you the figure I want to do on transcorp in term of units then

Hope you can still recall.

locodemy:
Your question should be why did I sell the stock when it was on bid.......

It is because I am sure of good result but not sure of good dividend due to huge os.I know the stock very well for some years now.

Loco! why messing around with good thing. Not all stocks are for dividend. More so you have been around to know this of transcorp.

currentprice:
Transcorp is well undervalued with this result check well. 100% increase over the previous year. ROE of 14% , PE of 7.4, PEG OF 0.50 etc

watch out!!! this will cross N2 soon

Transcorp is not for the dividend investors cos they need cash so profit is expected for reinvestment

i wouldn't mention cp fairprice for now to avoid Monkey hunting calling

CP, I was able to achieve 86% of my target. You remember!

Valueinvestor:
I have come to realize overtime that what actually brings in huge returns from stocks is the proper application of high margin of safety, appropriate diversification, timing and patience and not just holding a fundamentally strong stocks. For instance, both nestle and stanbic are fundamentally strong, but buying them at a low margin of safety poses more risk, infact one would be better off putting such money in a fixed deposit. For me any stock that is not likely to give 8-10% dividend yield, I consider paying too high for it for now. Anyway these are my personal opinion and hard lessons learnt from previous experience

Your hard lesson is the best lesson. Wise people always learn at the school of hard knocks.

Some still practice same thing over and over again and suffer for it. By mere observation and deducing intelligent

points many would know better.

take your losses and move on so many will say.

You can as well choose to collect dividend as long as you wish,till infinity.

It is a matter of choice.

aremso:
Serious one

ihedioramma:
TRUTH. There is people who bought FBNH @ #35+ and never sell tham because they no what they have

They want the Elephant

maishai:
Anticipating currency devaluation how low can zenith fall..........Bonanza season av officially kick off

NSEM is the more you look the less you see. Cash has become king.

Jejebabaa:
Zenith at 20 Naira. Oleku, ija ore....

It is well Ooo. Make I wish everyone a happy and fruitful new year of special bliss.

DeRuggedProf:
YAK, we assign you to YOK.

Dear YOK, a disciple is here. If he fail, you fail, if he succeed, you are blessed.

Yok- over to you

Mpeace:
Like Fidelity. #runsaway

Why will someone like Fidelity? I am still trying to figure out what they are doing that others do not know?

Mpeace:
US dollar falling as well. Not good at all.

Where you see am!

USD is gaining strength like something else.

I am sorry for Diamond. With the benefits of hindsight this problem was long foreseen by some of us

When they were selling assets offshore. Instead of expanding, the bank was contracting.

Deceiving US that business is more profitable in Nigeria than abroad.

DeRuggedProf:
This one has gotten a court order restraining CP/OGG from carrying out any form of FA on it....

In another ruling, BBM/FXUSER were handed a restraining order from ever carrying out any form of TA on FMN.
The judge agreed with the technical team that FMN is too sick to be dressed in all the technical jargons.

The order has firmly guaranteed FMN to be under the custody of Ichimoku cumulus clouds. All travelling documents were confiscated.

Reacting to the judgement, WAPCO filed a suit challenging its continued detention by the Bears.
Counsel to the Bears insisted that WAPCO can not be granted bail as all the funds the shell holders provided can no longer be traced.

We will keep you updated......

DeRuggedProf:
Tell them...
They think those selling no see AIRSERVICE, FIDELITY,FCMB, GTB, ZENITH, TRANSCORP, etc etc
When the market picks up, some equities will climb like wide fire, while FOULMILLS and WASTECO will still remain in ICU.
People have become wiser.
You dash FOULMILLS about N27 per share, they remove N1.00 and keep for you, then go and freely squander the rest, same with WASTECO....

You no go kill me !!!

talktokenny:
Fxuser,please what's the chart saying concerning PZ cusson.
Thanks

PZZZZZZZZZZZ....ZZZz. I tireeeee

Bazaar! !!! is getting ready the market bonanza is beeping