₦airaland Forum

From what an investment banker anlaysed for me....If you are in profit, it may be best to take profit and wait to reposition when the dust settles. If you are playing long term or targetting dividend then its okay, but forget JIJO for now.

We may begin to see good results and more sell positions.

A word is enough for the wise!!!

SonofElElyonRet:
Bleak outlook. Hope things change

We do not have a serious and sincere govt. This is a company that NNPC and the CBN supported with the county resources.

Dangote will make a business decision, so long as it favours him. If what him an BUA is battling in the cement industry does not teach anyone a lesson, then we are not ready.

For me, I do not think Dangote is ready to produce fuel until 2025. We can do all the media brouhaha...but reality will always come knocking!

SonofElElyonRet:
Blood on the dance floor... sorry trading floor

The news of Dangote importing Crude oil is negative for the Naira. Some even believe he may actually be importing fuel along side crude in disguise. Recall PMB gave him an importation license prior to his exit.

The hope of Naira having some ease may be far fetched with this news and if the trend of devaluation continious, customers will default to banks. Thats a whole new level of write-off coming to the bank books.

Its not looking good for the Nigeria economy at the moment.

Mfunkynation:
Haha ...
don't be scare ni..
Quote the person now

Streetinvestor2:
That means gtbank, ZENITHBANK and uba na #100.

I believe we would have another bullish run in the coming weeks with results from UBA, Zenith and First bank that may spring up surprises.

Coolcash1:
Any price below N25 is a steal.

Oga don drop update. Na to accumulate from here.

megawealth01:
You seems to have caught a delicious kill

I made an error...the EPS make sense. Profit is 23B. FCMB did 145B with N4 EPS.

While Wema did 2+ EPS with 23B profit. Make I accumulate more Wema longterm.

Hajicairo:
https://doclib.ngxgroup.com/Financial_NewsDocs/40181_WEMA_BANK_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

NGN23+B in profit with EPS NGN+2...we are going somewhere.

This one don enter my long term Keep

Make una give Sir Loco him flowers for Japaul!!!

Sir Loco...Wa Gba Flowers

Hope nobody will come and cry, that he/she got stuck from Loco's advise

Abeg any news from WEMA bank that mopping up was fast

PETERiCHY:
OANDO currently on FULL BID @#13.80k 🎉
DESTINATION = #500
TIME FRAME = 12mths
USD = #1420
Meanwhile 98% of OANDO earnings is in USD

BARGAIN HUNTERS TAKE NOTE

N500 You cant beat Wale sha....the court judgement will finally put a rest to this Oando Issue.

megawealth01:
You get mind for that WEMA sha... The only reason I don't have a single unit of WEMA is because I think I don see them finish... They were the FIRST to be in my vicinity in those years... I judged them with that eyes and their branch network too

New things seems to be happening with them anyways...

Agba abeg pity people for here na

I don't know why, but I just believe this 4yrs /8yrs will favour them. One way or the other with Emilokan in-charge!

I have also been noticing their payment solutions across.

Streetinvestor2:
Lwkd....na #1 be that oh

No worry serious quarrel go soon start

megawealth01:

No mind am...if e buy Zenith at N20....what will be the price of my WEMA bank that I loaded 1M units at 11:80

Na him be say...na die. Agba abeg o

Oga Agba wan buy Zenith @N20...wahala no too much

Agbalowomeri:
What makes you think it will resume 'upward journey'?

megawealth01:
You na very sincere person... They are the spokespersons of the newbies... As no newbie has ever complained to them

I trust you to attack any hypocrite who hide under religion to vomit evil... MEGA won't reply such individuals who use different monikers to seek for attention... Who ask them their holdings and price or wealth in a faceless forum... Him and his crews get money na for their pocket...

Na people wey dey do audio dey know audio na

For me it's sad. Nobody here has the intention to mislead people (you or loco and others) I maybe wrong, but that is my believe.

So let's stop all this attack just because of 1-2days of correction. What will happen if we have 1month of bearish market?

It was a good bull run and everyone that engaged early made money. If you didn't, you are late, or was just greedy and wanted more.

What happens if tomorrow banks declare good or special dividend and the market goes for another run...we start laughing again..No na

Look at it Sir Loco will disappear or hardly comment, Oga CP, BullBear, OGG, and even Oga Emma...una go tell me who remain. Or if una attack yMcy na to leave permanently be that.

Newbie this, Newbie that... please you people should spare us this talk.
Just a day or two of correction and we start attacking people that meant no harm.

If you are a newbie, go and read about investing or better still invest in a mutual fund or seek advise from your broker. Why should you work hard and make money and depend on what I say or another says in a faceless forum.

Abeg, allow people talk their talk, when it's good we clap for them and when the market corrects we attack them, in the name of fighting for newbie's.

Abeg o... Newbie's this place is not for you, else you will lose your funds.

We have been shouting take profits, take profits...if any Newbie was loading at highs, why do you want to blame others The person selling today bought maybe 1-5yrs ago, so let the newbie wait. Their time will come also to sell.

#QED!

Locotrader:
Yes I remain Locotrader.....
The monkey hunter
The promoter
The influencer
Which other name remains eeeh
BUT I no be one mega person with different monikers,I no be long epistle writer, I no dey sell my picks for money, I no dey jealous.

When I point my stock, it dey shake ground reach custom street and my enemies here are not happy but I am happy those with me are making money.

For TIP, anyone who is in serious need of money can sell afterall it has delivered 200%.why blame Loco for the fall today.what has changed?Just that someone offloaded 5m units at a time leading to panic selling.when one needs money he can make use of what he has to solve his problem.TIP is still going places like chams.........

For champion, we are in and market will do it's justice on it.The stock is still available for you and will shut it's doors when it is time.There is a wind which will blow soon in the brewery sector and it will touch all the stocks in that sector.Bears will not have control over them when they begin to move but Loco's stock will do better than them in performance

Some want to imitate me but can't work for them then greediness and jealousleness leading to criticism follows.

I am bigger than you.You are my boy , stop talking nonsense to your boss.

I came out to caution you.

Please lets not discourage people from dropping hints on growth stocks. I think Loco has done a good job in spotting opportunities.

If I marry wife for you, na me go still buy bed for una to Megrimoo?

If you entered when Loco advised on Japaul or TIP, you should still be in profit, same way he is encouraging Champion at early stage. Then you go and buy at N8 when Loco is planning to exit

Early entry is always advised.... and you dont expect Loco to inform you when he is exiting na

We have been shoutuing here since on taking some profit, some think say we dey mad. Sir Loco, it seems you will start charging like Oga OGG!!!

BREAKING: Dangote Cement emerges first stock to hit N10tn capitalisation on NGX (PUNCH)

Fundamentals and actual dividend would soon be separated from Noise...

onegentleguy:
When things began to change!
...was a great time to sweep in on the coy.

#stillahugeupsidepotential
#deservingassetreprising

It is well.

You are doing well in spotting early opportunities.

chibaby1985:
This is MEGAWEALTH

So till now, you still thnk we are the same persons

I no dey take the kind risk wey MEGA dey take na...I get family to think of when investing o!

unite4real:
You should have gone for NASCON.

If you bought Sugar for 79, it means Nascon should sell for 72.4 due to the scheme of merger formula.

Always check the two using the scheme of arrangements.

You know that the price of sugar will be the final price for dangote food. So since 12 Nascon equals 11 sugar, it's best to do ur maths. At the time you bought, Nascon was still below N68. Meaning it's sugar equivalent should have been N74.

Right now that Nascon price change is on N69, if I must buy sugar, the price has to be N75.2 maximum

Has it been announced "The Merger Ratio"?

chibaby1985:
We are watching

Sorry are you the Moniker waiting with him on the sideline for retrace?

chibaby1985:
No bet ooooo... He knows what he is saying?

Zenith N20 this year NEVER!!!

We are even expecting more FX gain in Q1 2024

You never even see Access for N20 na Zenith

Agbalowomeri:
Lol Zenith wey we go still buy 20 this year

Stop it, as it can't happen...I am willing to bet

chibaby1985:
You go still enter na

You say

How you wan enter @ Full bid with 10% next day open. You go come see 60M bids. 10% of N80 na N8

emmanuelewumi:
Are you ready to wait for another 2 months?

Yes o Oga... cos e go pain me if Alhaji announce the Merger and bus drive leave me...only to be bidding 10% daily

I don park enter DANGOTE SUGAR @79

emmanuelewumi:
If you are in stocks that are still appropriately priced with potential to grow, you can keep or hold.


I have seen a N30 million portfolio in 2006 turned to N2.5 million in 2008.

Na the depression and stress kill the man.

Well noted.

emmanuelewumi:
If you have gotten unmerited favour courtesy of the stock market in the last 12 months, it is good to channel some of the windfall into assets and investments that can give predictable income

Well said my Oga...Everyday I wake up smiling that I invested my loot into property! Leaving the rest for dividend and short term play.