₦airaland Forum

currentprice:
nobody knows you sabi mkt with your old moniker the way u play the mkt this days

anyway not talking about FLOURMIL

dont get me wrong, flourmil is a good stock but the mgt need to improve on their efficient rate.

latest report shows they manage to make profit of less than N10b from revenue of N355B

flourmil due for Q3 report. the stock i refer to due for Q4

currentprice:
Ekuu this season o

^{_{where i want even start from, 22 pages behind to read}}

Mcy56:
Thanks.
It's working on Opera Mini
Guess at owner's risk sha.

Mcy56:
Morgan site not connecting......
They said they're working on it and will be up soon......

Seunn11:
Fair value for fbn is now 19.05
This is not a recommendation.

Biafran4life:
Be sincere to yourself that you have never made any investment decision solely or initiated one based on tips from here.Some of us came from houses the days when your broker will tell you to buy this and that,at the end you just bought rubbish.Then we discovered SMN which was of great benefits and educative before it vanished.We switched to this as a comfort,with newbies trooping in to get help.Some EWU is seeing it as forum to get money by not being sincere with thr post.This is completely against my person and can't stand it .

swilo:
It is not out of place to make decisions based on info gotten here. Severally, I have profited from some good hearted fellows' posts here. I came the other day thanking Yayi. As a newbie a little panic can be seen in the wrong perspective. That's why his alarms are deemed as with ill intentions.

I keep saying this," some Nigerians don't deserve a better government because their individual actions when put in a large scale may just be worse than the present situation Nigeria is."

Knowing that we were all newbies at one point in time or the other, a little help or honest post is the least one expects from mature individuals.

cucumbar:
I’m trying to understand why some people are on his matter....is his post affecting anything?
I thought anyone can post what they like?
Or are his posts affecting some other peoples decisions/ investments?
I’m a newbie here, eventhough he seems to be speak in parables, I wonder why some people are vexing at his comments.

PETERiCHY:
Last month when we SOLD our last batch of GUINNESS at N22.95k and quickly ALERT the HOUSE to follow suit and PATIENTLY wait for it at sub N10.

Meanwhile today it closed at N16.05k
after now someone will say we are not DOING the LORD'S WORK


BARGAIN HUNTERS TAKE NOTE!

megawealth01:
Na so we see am... I have sold off my MTN just few remaining... Will re-enter at very low soon

moneymanager:
Finally some sense in this market.
Everyone keeps saying there’s is money in the market but no one knows where it’s coming from.
Since last year Bloomberg videos has been saying funds away from Asia and USA
Pls where does that leave ?
Me I side with Mr Peter 99.99%

PETERiCHY:
Zenithbank that will still beg some of us to buy at sub N10.

PATIENCE is KEY.

BARGAIN HUNTERS TAKE NOTE!

sirleke:
Someone should pls confirm this

zimams:
True ...you are very correct. Entry price is very important. But my point is that your entry price and whether you should buy at all should be driven more by financial health of the company and its ability to make profit.

Everything is cyclical... hot money comes and goes. If you bought right and you have medium to long term objectives.... you wont worry about hot money leaving.

Your perspective and objective is everything.

In 2007/2008 I bought Zenith at 47.60/share... it turned to dust in my hands when the market crashed.
The same Zenith is a substantial part of my portfolio today with average entry price at 13.37. We still dey hold....


People wey dey fear recession..... make I remind una say.... na inside this recession wey some stocks don deliver 100 % - 200 % to some of us here....

Just know your objective in the market and buy right.... then allow nature (time + forces of demand and supply/market ) do its thing..

Again this is me o! Strictly my opinion.

zimams:
So as a guide to understand what's going on... ask yourself if GTB stops making money when there is a recession.... the Q3 result for Access and Zenith banks which you saw yesterday, did it look like they operated in an economy in recession? Remember GDP shrank in Q2 as well. Q3 shrinking just confirms the recession. How has GTB faired in Q2 and Q3? Inspite of this shrink in GDP for 2 Quaters?


My thoughts....

Focus on Value. Is GTB a sound bank? Are they profitable? If you hold GT shares now, will you sell because Nigeria entered a recession?

Something I know about hot money .... it will always follow favourable conditions. So inspite of our recession, has there been any major policy reversal to trigger the movement of hot money away from the NSE? These will be my concern with respect to GTB, not necessarily the recession.

But let me also put a caveat. Your investment objective and horizon can change or determine your perspective. I have written based on my own perspective and objective.

meine:
The much anticipated amugbo , Ragamuffin BULL has entered the market and everyone is claiming to be professional stock picker.

I also see some monikers accumulating Covid infected stocks like no tommorrow. As it was in 2008 so it might be in 2020. Apply caution and don't abandon your investment principles, very soon water go find level again.

If the BULL don mad, if the bull don Kolo? Must you follow am Kolo?

sincerelymine:
Why is ETI still dragging.....its being influenced by the elephant?

OBAGADAFFI:
Zenith Bank is still cheap

kayuscares4u:
Pls I want to know how I can withdraw funds from my MorganCapital account after the sale of stocks.

emmanuelewumi:
All assets and Investments should be included in your will

jamace:
Dry bones do rise again....One serious investor can change the destiny of Ftncocoa.... I have a dream..

ukay2:
I prefer UBA to Access until ACCESS has finished swallowing other smaller banks in Africa.

ukay2:
We are # team5-10years......are you with us?

ukay2:
We are # team5-10years......are you with us?

Calebbold:
Wow...it seem most people on this forum are heavily invested in WAPCO....

When WAPCO finally move, the way people for this forum go take "BLOW" ehenn ...them go just retire

meine:
I hope this guy was just boasting and didn't dive in with all cash available. Apparently research was not properly done.

currentprice:
Let me come and greet my bsnl on my bornday

Ekuu Mkt O

^{_{be fearful when others are greedy}}

sky2891:
Please, house assist with this decision.
I have UACN and UCAP in my portfolio but I need to sell one this August for a need.
I am having difficulty deciding which to sell as UCAP gives me good dividend and UACN has underlying promise based on the coming unbundling which I don't want to miss out.
Please, I need your advice .
Ofcourse,I take responsibility of making my final decision.