AngelSlay: I’m usually a long term investor but I studied the market these past few days and decided to to some reshuffling to my portfolio. That is, Sell some and back into at some discounted prices. I was in shock when I discovered today that. I’ll try buying oando at 63.5N and these brokers are purchasing it at 65.6 N , when it went up to 69N I tried selling and they sold it at 65.5N because I was using market pricing instead of limit pricing (on Yochaa). I’m putting this out there because it’s very important. They did the same for all my purchases. They can’t cheat you when the stock is stable for example Aradel as there’s only 1 price for it. These are big margins. When I checked my broker’s statements from email I noticed that when you choose Limit price they actually buy it at the exact price . If you choose market pricing they can easily cheat you. By selling the stock to themselves at cheaper prices or buying at higher prices .its clear they are making profits off your trade. So it’s always important to use the limit price and set your own price. Let’s say a stock is 65.50 you can set limit price at 66.00 and you should be fine. If you choose market pricing they might actually buy it for you at 67.5 or even 68.00 big difference when you are doing volumes. I’m glad I learnt that today. We go again next week
They didn't cheat you though. When you use Market price, they will buy the available price at that moment.
ositadima1: Because of small pull back, she go sell, stock way dey pay dividend, and she don tey for the stock too, why not wait small? No be so Oga Loco dey do him own Jijo, u dey loss, u go sell, so u go enter again for lower. This one na OJIJ.
E no bad o if she can get in today at 36 cos I think I have seen it at 36 today. Even me sef, if I had known it will pullback, I for sell at 42 and buy back today at 36 - 37. #6 is a lot o.
Zegra: She wants to buy back at 32 but how sure that NASCON will go back to 32
To see NASCON at 32 again to tey. But the good thing is that she can still be able to get in at maybe 34 - 36. Which is below her selling price, so it's a win win.
yMcy56: Consumer goods sector have been doing well recently and those FX losses reducing or turning positive. Can't say about DS for now, but NASCON isn't doing badly so far, only suffering because of DS.
Considering the recent repricing, if it's anything to go by, NS looks undervalued.
NASCON is very submissive to DS. It's trying not to outshine the master. Cos normally, it should be at least trading around #38
Sunrisepebble: If a 100% tariff is approved, my exit price based on FY25 results is around N350. That is a 100% increase from the discounted price of N169 for those looking for that sort of return. We’re talking about a monopoly here, that has 50% of the market share, a major GDP and tax contributor to the country. Before the FX brouhaha i wanted it to be the largest holding in my portfolio, glad to have picked it up at a sweet price.
You can't blame people that avoided MTNN.
DANGSUGAR Negative equity gave people PTSD. . The opportunity cost that DS caused ehn
HesInMe: Is this really surprising? Their pan-Africa growth strategy is a long-running and well-communicated one. The question for investors is, When will the acquisition and investment spree end, so that investors' patience can be rewarded?
The acquisition is already in the news. Don't mind the clown
Streetinvestor2: Does this jijo thing make sense sometimes. You buy a stock low and sell high. Then after sometimes you run after it to buy above price you sold.I will not buy any stock I have sold for jijo above the price I am selling it.This is what will happen in insurance stocks soon.Make una dey try calculate this jijo game well. You just dey make your broker rich for doing nothing.
As long as you were able to resell it again above the second price, u are still in profits but it is risky