₦airaland Forum

Infinitisi:
Please leave analogue brokers, open an account with a broker that offers an online trading platform and save yourself headache.

If people here including me begin to relate our experience with Cashcraft this thread go full. I wonder how they are still in business.

You are very correct. I wonder why they are still in existence. I think the company shouls be "witch"...ft

Agbalowomeri:
Shuu?
But this is a private placement na
It is not a public offer

Agba! Agba! Agba!, how many times i call you?

RabbiDoracle:
Those who are close to me knew that I sold through out January. Cc Jejebaba, DeRuggedProf, 333.

At least you have told me what ails you about my telling people to exit on time. I will adjust and will not issue those statement anymore.

Una can vex on people's happiness.

@RabbiDoracle, Pls do not stop. More people are benefiting from your advice.
Did you force anyone to exit. As far as I am concerned "ADVICE IS MEANT TO BE TAKEN OR REJECTED" and that is why it is called advice and not instruction. I beg no vex.

STO

Mcy56:
UACN seems to have strong support at 8.45/8.50 now for whosoever is interested ................
If it goes South the more dont mention me and if it goes up, you pay me. I no dey monkey hunt.

Some guys defending transcorp by all means. Abeg allow make e fall reach our junction biko, na all of us go enjoy the ride las las.

Sister mi, I beg watch and pray before you join Transcorp bus o. I am not sure Loco is able to come out yet.

[quote author=Agbalowomeri post=86121685]I suspect the bigger moves will come in Q2[/quote
Sir, please elucidate further.

Northeastern:
Oga just keep quiet and stop arguing. Even if you’re told something, use your brain instead running with whatever you’re told. You’re now a subject of ridicule.

Your bosses have collected bribe and asked one of those guys to lie to you because you’re a yes sir subordinate.

Please let's respect each other. I think we can learn from him too.
Billionaires don't fight, only agberos do!

Mcy56:
Boss, I thought you no dey worry about what Market is doing on the daily ................... too much money.
Compliment of the season sir!

Same to you ma sister !.
I dey o, na 9 to 5 matter no gree me get time o.
I can see your contributions. Please keep up the good work.

Kudos,
STO

Mcy56:
Ok thanks..... was wondering too, cos other sites are opening and working well.
I guess it could be from NSE too....mytradebook is also acting up.

GTB at 33!
WAPCO at 16.10

ositadima1:
You don mean it? So I am late to the party. Anyhow, make I see if I can grab small.

But eh, the kwesion no hard na, I wanted to know if the trading volume of these stocks remain reasonable every month. You suppose know nah as u don teh for this biz.

Pls don't be in a hurry to buy. Sometimes it is better to hold your cash than to buy and see your portfolio turning red, moving from -5% to -10%,.... -40%. If you no get mind u go run o. Please waka small small o.

rebekah2011:
It is the way the seminar is being promoted sometimes. The stock market is a risky environment and it requires a certain level of financial intelligence and mentoring to be able to navigate. If you are to be a resource person at such seminars, I believe your approach is going to be different from the laulau and motivational speakers. I therefore will encourage many that have the time and resources to go and attend the seminar. I have a very good friend, who is older than me in age. His new motto in stock market investment is no more loss. He has developed art in investing that purely focuses on Patience if the stock pick has ticked all his investment boxes. I am learning from him too.

Good point.
The more you know, the more your desire to know more. The best is to keep learning.

Selah!

currentprice:
Lol.... some pple blood rise when they cant buy at N135 then

_{^{Oga scool how far na}}



some of us saw this coming
VV
V

@CP. Where art thou?

BAMOFIN1:
Sir what has maths got to do with a call for more tolerance for shortermers, for them to be able to show us tips?

If I were you I will just look for a seat in the front row of the class and learn.
It is worse when you don't know and you do not know that you don't know.

STO

DeRuggedProf:
Transcorp

@Prof, please increase d vol,I beg what is d message?.

KR

@OGG, Mcy56
Do you still believe there is opportunity in UACN at the current price of N7.4++?

KR

Gurus in the house. Please I need your advice.
Which one is better for JIJO between Caverton and Cornerstone

Thanks for your support.

Cc: OGG, Mpeace, Mcy56, Rebekah, CP

emmanuelewumi:
I don't know why. Dividends from REITs do not have withholding tax deduction

FSDH is only for people like you- the big boys and girls. Pls remember me in your kingdom o

I beg I would like to be your disciple. May your brain continue to function.

emmanuelewumi:
Manage what,. They are the new owners of Mobil Oil, a Google search will help. The transaction was well publicised in the investment community

talktokenny:
Kudos to Cardinalstone , very straightforward process

I beg which Cardinalstone

Please who did you speak with at Cardinalstone. They are frustrating all my efforts to get my FCMB dividends.
I need help.

KR.

Agbalowomeri:
They are now in the kidnapping business

This is not my handwriting

Which state are they operating from? I hope they are not inside rivers.
I saw one agba man on east west road... na one of dem?

@Kollyman and other TAs,
Please clarify withdrawal of AVC (Additional Voluntary Contribution).
If I am contributing 100,000 every month, say from January 2016 to December 2017. After 2 years, how much can I withdraw by January 2018. Is it 50% of N2.4M or 50% of 100,000 contributed January 2016 only.

KR

Well done bro. You're doing a great job.

stcool:
https://businessday.ng/exclusives/article/mtn-stock-set-to-rally-on-perceived-scarcity/

A CEO of one of Nigeria’s leading stock-broking firm told BusinessDay that “almost all shareholders of MTN are not willing to sell”, adding that “even those that will sell are going to offer the units that cannot meet the high demand”.

“The demand will automatically lead to a rally for the stocks. I can tell you now that I have over 1 billion units of demand for MTN stocks but I am yet to see a shareholder that is willing to sell,” the CEO said.

One stockbroker with order for over 1 billion units

I am still waiting to see this 1 billion units bid...

stcool:
https://businessday.ng/exclusives/article/mtn-stock-set-to-rally-on-perceived-scarcity/

A CEO of one of Nigeria’s leading stock-broking firm told BusinessDay that “almost all shareholders of MTN are not willing to sell”, adding that “even those that will sell are going to offer the units that cannot meet the high demand”.

“The demand will automatically lead to a rally for the stocks. I can tell you now that I have over 1 billion units of demand for MTN stocks but I am yet to see a shareholder that is willing to sell,” the CEO said.

One stockbroker with order for over 1 billion units

1 billion units X N90 = 90 Billion Nigeria Naira.
Over N90 billion Nigeria naira in his account for MTN purchase alone! I hear una !

DeRuggedProf:

After they collect all the tithes and offerings from you, they will no longer hold the usual December party.
Reason: they will now remember their equipment are due for upgrade, you will start seeing inflated contracts with HUAWEI.....
Huawei will start upgrading software for millions of dollars
Network expansion will become unending...

You are just full of wisdom.
God bless you left, right, front and back....

PETERiCHY:
Abdullahi Ganduje, governor of Kano state, has appointed four new emirs in the state.

The appointment comes 48 hours after he assented to a bill to split Kano emirate into five.

The new emirs are Aminu Ado Bayero (Bichi), Ibrahim Abdulkadir (Gaya), Tafida Abubakar (Rano), and Ibrahim Abubakar (Karaye).

https://www.thecable.ng/breaking-ganduje-appoints-new-emirs

10yrs ago Sanusi with his arrogant nature was busy BALKANIZING the banking sector to the detriment of SHAREHOLDERS and BANK STAFFS.

Today KARMA opened his BOOK and his kingdom is BALKANIZED

While I agree with your position and feelings on how Sanusi scattered Oceanic and my beloved Intercontinental bank. Intercontinental actually transform the banking system in Nigeria to a level then. However, I disagree with what Ganduje is doing but let's wait and see the outcome.
I thought Ganduje should have learn from his in-law, the constituted authority. Well, let's wait and see.
Afterall, "Gambari pa Fulani o lejo inu" i.e. Wetin concern Chukwudi with Aboki's fight, na family matter.

Mpeace:
I need dat reversal pass una. Abeg send it.

#laughinginswahili#

Deadlytruth:
Thank you for this interesting question. Before I answer it, permit me to narrate the story a little further so as to serve as a clearer premise to my answer.
What really attracted me to UNIONDAC were
1. Its prospective FA which I read on Stockwatch and were quite factual and compelling.
2. Professional Sentiments as in the fact that I am of the medical field hence I felt some professional solidarity and sympathy for the company.
After successfully subscribing for the UNIONDAC private placement, I went back home singing and dancing not knowing that it was just a flash in the pan.
Few weeks later, CHAMS private placement followed but I didn't get to hear about it until the very closing day hence I couldn't buy. This pained me to the bone not knowing that I actually escaped a trap. But here I am today with the same CHAMS having given me over 150% within less than four weeks that I bought it for the first time ever, while UNIONDAC captured me only to release me after 11 years by selling it for N0.39 when the Dollar had risen to N360 against the Naira despite buying at a weighted average of N1.20 at a time the Dollar was just N150.
If anything happens to really take CHAMS to N1.20 as being sentimentally speculated, then I will have successfully evened out on all the school fees I have ever paid since I started stock investment in 2004.
Now my overview based on all my experiences:

1. No stock is worth falling in love with for any reason whatsoever on earth as long as it is not your father's company.

2. Long term investment philosophy on NSE is pure suicide mission.

3. Take any momentary profit opportunity that falls on any stock in your portfolio regardless of how tiny the percentage is as long as it bellies your stockbroker's commission. Compared with staying on a stock for months and years hunting dividends, this practice actually gives you far more profit within a shorter time as it is a path of compound interest.

4. There is no particular winning formula on NSE. There might be such on NASDAQ, Daw Jones, etc; but not on NSE at least for now.

5. Never rely too much on FA except foreing investors are fully present on NSE.

6. Play the game as you see it being played rather than as you think it should be ideally played. While a commitment to ideals is good, unfortunately reality is not dictated by it.

7. Then most importantly, always be on the lookout for the next news of takeover of an ailing company on NSE, buy the stock, but never let the euphoria of the appreciation that follows make you buy a mattress for it.

@Onuokwu and Deadlytruth. et al.
Thanks for taking time to respond. I asked because I have been asking myself that question because of some experiences in the market.
Please note that your writeup has blessed me and I am VERY GRATEFUL.

KR

Deadlytruth:
Exactly.
Private Placement price was even N1.85
I just smile each time I recall how, in an attempt to beat traffic gridlock so as not to miss that private placement on the very closing day, I took a bike from Mushin headed for Intercontinental Bank in Tejuosho and instructed the bike man to move with the kind of speed he had never attempted since he started okada business. No be today nyash dey for back for stock investment matter for Nigeria o.

So with all this experience. What do you think about NSE. Does it worth 100% dedication?
Have you lost or gain more in your years of trading and investing?

Thank you.

locodemy:
pls help us drive Transcorp to #5 and see whether I go near mrkt again this year.

Bros, if transcorp gets to that bus stop you, Mercy and CP will be crowned oba and obabirin (Igwe and Lolo) of NL.

locodemy:
When Transcorp begin the anticipated northern journey.

.

Aaaaaaaaaaammmeeeeeeeennnnn

onegentleguy:
Some fellows(including 2 of the lifeless ones here) have even gone as far as registering new names in the past few hours, just so they could become followers and send me mails. ...with new mails now totalling 37 just btw yesterday and now.
With all sense of HUMILITY, I'll suggest u stop wasting ur time(u know urselves) 'cause I won't revert to u.
How I wish that one can configure their handle to receive mails and even post from ur choice/select users here.
Nonsense !!

I will however reply to the few fellows I know.

@OGG. I think you should also be happy you are getting followers. It shows people appreciate your wisdom and wanted to benefit form it since some persons are discouraging you here. Pls always look at the good side of the story. They comment because they read your posts. There are some names some of us don't bother to read their post, (na just to waka pass once we sited their username)
You are doing well. Please do not be discouraged.

KR.

onegentleguy:
1st I'll like to thank u for ur critical but reasonable assessment of things with CAVERTON.
This is what this forum should be about but some few nitwits masquerading themselves as many have messed things up.
I recall that when I got an info on SKYE bank, I put it up here for folks to benefit, and also guided us on playing thru the coy in the short term.
When I got an info on AIICO(the coy at the time was selling for btw 55 to 57k), I also put it out here thru a revelation. A few months down the line, the news broke out that some institutional investor will take up stakes @ N1.20 per share. Some of these idiots who unjustly criticize me now, also benefited from the rally up back then. Yes the stock may be trading for less now, but I can tell u without mincing words, that that deal is still very much intact.


CAVERTON doesn't seem to have much of a free float to retail investors from it's OS.

As for the few haters, I have absolutely NO apology... so u can shove ur attitudes up ur ass. I do NOT care a bit !!
I will continue to be me, though I have decided to limit 'certain things' I put out here.

Salah.

@OGG,
Please check your mail.

KR.