₦airaland Forum

Let me also state here that, example of High Yield Investment mentioned by Pa Emma has no correlation with NSE at all.

We all know High Yield is scam while NSE is not.
Many have been discouraged against this here as well. We don't encourage High Yields but in NGX, the stocks listed there are well regulated by the regulators, necessary requirements met and subject to periodic monitoring too.

In NSE we know bull time used to come with lots of Euphoria and in most cases, many stocks will be moving Northwards.

We should bear in mind too that different news filters in, which may make some particular stocks toast of investors.....just like the case of TRANSCORP sited by deadly truth for instance...

Unsual rushing and movements were sighted in TRANSCORP. We don't know what this was all about, so some of us started mentioning it here that something must be happening which we don't know, lots of huge Cross deals, prices moving and all that....

In this kind of situation, is it a bad thing to call the attention of the house to it? Is it wrong to tell risk takers to buy some in case it's some good news?
Well, it turned out to be good news which many jumped into @1.35/1.50 and made good gains.
Should we say this is one crooks handwork here...to deceive the gullibles and make them to loose money?

After Transcorp, I could remember OGG as well as myself or maybe someone else mentioned UBA. I categorically call people's attention to UBA and told them to buy, that Tony may want to avert what happened in TRANSCORP by buying more stakes in UBA, I researched and saw that Tony had less than 1% in UBA, so I immediately knew UBA might be next "corruption", which turned out to be true!!
What about ACCESS, ARDOVA, GEREGU, MTNN, FIDELITY,and of course, the Kobo stocks, which we always state our reasons for possible picking??

** Let me stop here, cos I can go on and on.
Pls, like Oga BBM said, let's look into his advice and make amends to better the lots of all of us in this forum!
And as for Ade1, you disappointed me with your comment!! You need to tender apology to good and hardworking Nigerians!!

Hhmmm. E Ku discussion o.

@ Loco, I must commend you for not allowing anyone to intimidate you to the extent of leaving this time around.

I thank all who spoke and shed more light on the issue on ground. You've all did well.

Oga BBM, you did well and also raised vital points which none of the opposition party addressed.
While these stocks were been mentioned, why did they not come out and be hammering on the need to stay away from Kobo stocks? Definitely a "Pull-down-Syndrome" mentality at play here!
"Let's watch them make mistakes so we can laugh them and tell them 'We told you so'"

@deadlytruth, though myself and you are north and south in this forum, but I must say, you completely nailed the issue on the head, provided much indepth understanding on the Sentimental Analysis and indeed said it as it is! Thanks and kudos!!

So now, is Unity Bank the major bone of contention or Kobo stocks or insurance stocks?
Let's know pls.

I for one will try as much as possible to keep movement of such away from live updates if it will make you have peace of mind!! This is not the first, 2nd or 3rd time it's generating lots of heat here. Once Kobo stocks is mentioned, some people get aggro.
Hope this will solve part of the issue....

Since when have we been talking about Chams here and it didn't leave circa 21/23k?
What about Lasaco? Since 2021! It even dip from post-reconstruction price of N1.68 to 0.81k!
What of Mansard?
What of Japaul? And many others like that.

Was I not talking about GTCO, DANGCEM, BUAFOODS, BUACEM, etc as well?

BUAFOODS was selling at N73 when I sighted value in it and I mentioned it here. Did it begin its Northwards journey immediately? NO! But today, it's close to 💯% in profit.

What of Fidelity? Since it was trading @1.66k, I've been on it's case....and many others like that.

My reason for buying UNITY was well stated here as well. I still have it for your info despite that it's shedding.
So, I know it will shed and I still kept it or I'm monkey hunting it and still kept it till now??

While I'm not saying we shouldn't caution, we should still be cautious of blaming when things goes South as well.
We all know how this market works, even the most "useless" stocks by our definition, may turn out to be the best rewarder in terms of performance.....Meyer, Dangflour, CWG, etc are ready examples.

Streetinvestor2:
Madam I can be polite but not gentle. I never quoted you in my post.And I am only replying you because you quoted me. I can see how generous you are with what ever you feel you have.You can move up at a cost to others na your business. .when you made you post about 18 century ,I didn't quote u.why jump to quote me when I made mine....madam conscience decider

You're ignored!

I don't know what's wrong with some ogas self!!

Had to tell one that I'll leave NSEMPA for them if that's what they wanted because they're the so called founders.....on the other hand, I just said to myself, they'll not be the reason for my leaving here.

At least I left their forum/group for them the same day I appeared there cos of the setup there and the accusations levied against my innocent self, even when they don't even know me at all.
Thank God for one or two people there who knew I can never do that. They even said I'm iya-tola or iyalaje or whatever.

The fact that I'm helpful here is a pain to them.

For your info and for the umpteenth time, I dont monkey hunt!!!
I have one or two people who could attest to this and who have seen my portfolio before.
I only try to help here and if you're not okay with it, I'll keep my efforts to myself, after all I'm not been paid shishi to post here, and when you make your profits, it's not like you give me anything either.

Streetinvestor2:
However, I still repeat, some investors needs to change their mindset towards some stocks.....that a stock dealt with you in the past is not enough to be rubbishing them all the time.

They cant continue to live in the 18th century.
Market also thrives on sentiments. We like to speak in plain language like this because of 18 century experience, lol

Why edit my moniker out?
So your conscience is disturbing you right?
You can continue to live in the stone age for all I care but stop taking people 2 centuries backwards.

During your period you trade in the dark, nowadays we trade digitally in the open, so the difference is sure clear.

You guys are just selfish and don't want people to move up like you are. Typical proud mentality of you self-centered lots.

emmanuelewumi:
You are informed enough to know that anybody who didn't mention your name was not referring to you, unless if you are guilty of the subject matter

Oh well!!
But you know those who have been very active here and mentioning Kobo stocks.

In as much as someone is not mentioning what favours you, the person has committed crime against you and your cohorts.

For your info, I have no single guilt in me, except you're feeling intimidated.
You guys have tried to intimidate me but to no avail, just know there's no amount of blackmail that I can allow to get to me.

emmanuelewumi:
You should learn to ignore especially when you were not mentioned.

I don't think you are a monkey hunter, but you are a confirmed hustler and there is nothing bad in that

Boss, just be bold enough to admit you were talking to Mcy and Loco.
All the pointers are there!
And I've just been trying to ignore your comments because of the respect I have for you.

locodemy:
Do you think it's Loco or mercy that uses 1 million to manipulate Kobo stocks?
Oga I use to think you are experienced in stock trading.
I never know you be aji amu

No o. It's Loco and Mcy that are using billions to manipulate all the stocks at the same time.
Not only Kobo stocks self, I also use billions to manipulate FBNH, CONOIL and other stocks at the same time.
FBNH paid just 50k as dividend and is trading ahead of ACCESS and UBA, Mcy or Loco must have been performing the magic as well.

God even detest ungrateful souls.

Streetinvestor2:
You said it all .The monkey hunting don enter new level.We now have Mr and Mrs for the trade.I pity newbies who will learn the hard way.They use 1 million to manipulate kobo kobo insurance companies

You guys should just speak in plain terms, mention names and stop all these indirect attacks.
No need to speak in parables if you want your concerns addressed.

When things are moving in your favour, no one will hear pim from you. No single word of commendation either, but when odds are against you, you're quick to blame.

As if NGX is Nsempa market.

emmanuelewumi:
The market closed in red today

....With many tickers in green anyway.
I think it's showing negative because the big caps didn't appreciate in price.

NewBola:
Yes ma. I noticed they have recently both gone up considerably. I was just wondering which one might hold more value.

While no one can categorically say anything around this time or what the direction of market may be, I think both are also unique in their own ways.

I think if FIDELITY moves, then there's possiblity of mvmt for the two as well.
However, they're currently trading high in price, so it's better to tread the path of caution.

locodemy:
Silent Billionaires wey no dey make impact in poor peoples life.They don't share goodies, they don't share ideas.They chop alone.That one na Billionaire?

Lol. Billionaires wey no dey make impact.
Even Otedola self still dey make impact in the life of masses as well as fellow billionaires.
Nsempa billionaires are like police.

locodemy:
Just leave me and my way of life.
Na small boys dey make noise Nah.
I be big man before?

Lol..
They're not noisemakers like us.....awon silent billionaires...

There's much volume in Transcorp today and in many of the stocks.....Zee, GT, CONOIl, etc, with billions spent..

NewBola:
..please how does Wemabank compare with FCMB?

In my opinion, I'll say hold on for now......both are in same category...

locodemy:
Financials kwa.
Which one?
Q1 result.
Abeg let stocks rise first.
If we begin to access them by results, blood will shed.
Price has to go up to meet up devaluation ni

Yes.
But sometimes we still need to let them see what they want to see while Mr. Market/news/sentiment handles it their own way.

I rest my case jare.

BullBearMkt:
In as much as I enjoyed your post, I think we should all understand A BASIC FACT - A good trader always make money in the market!
-Why make you think it's traders that get hair-cut and not investor?
A good trader not only reading the price actions but also read market sentiments and as such will rarely get cut unaware!

I tried not to mention this, but below is the post I made on my platform on 29/09/2022 on GTCO you referred to in your post. Informed followers that I am buying the stock the next day 30/09/2022 (aiming to for dividend). Bought at 17.80 and recently sold same this June at 34.50!
We should be cautious how we attribute losses to traders and not the so called investors on this platform

Boss you're right!
I'm also one of the beneficiaries of GT @16.80, 17 & 17.20.
What I mean is that traders don't wait and have such patience as investors.
We must be able to differentiate between the two..... whosoever want to invest must have tripple dose of patience.

However, I still repeat, some investors needs to change their mindset towards some stocks.....that a stock dealt with you in the past is not enough to be rubbishing them all the time.
They cant continue to live in the 18th century.
Market also thrives on sentiments.

ositadima1:
Lasaco has returned almost 200% this year alone. This should serve as a lesson to you. If you had the Yochaa app installed on your phone, you could have easily seen this under the stock's performance history. From there, you could have asked questions and made an informed decision about whether to buy the stock.

Averaging down is not an easy strategy either. You have to know when to do it, and if you do it too soon, it may make things worse. If you can bear the drawdown, you may try holding the stock and hope for recovery. If you can't, you may want to sell it and use the money to enter the stock later or to invest in a different stock.

Osita, there's no one way to stock movement. You could buy high and the stock will still go higher.

See the case of CONOIl, MRS, FTNCOCOA, etc of recent.......when we thought FTNCOCOA already peaked, @93k or so, it took off again to circa 1.80.
While we think CONOIL already peaked @35+, it went further to 86; what of Guinness, and others in that category?

Even if Lasaco is picked @2.70/2.80, it's still cheap if we consider the financials and the share price of its peers.

Imagine WAPIC trading @94, even SUNU touched 50k or so, then Lasaco is trading @58k as at today's closing price.

So, sometimes, the market can be irrational and the way people rubb.ish insurance stocks here is appalling.

If I had mentioned Cornerstone when it started moving, they would have rubbish.ed it, but see it's Q1 alone, it made over +800% in PAT if I'm right, yet we want such stock to remain at 20k?
This same Lasaco was rubbish.ed at 90k, but eyes opened when it delivered over +200%. Same thing with MANSARD.

Dammlonge:
Pls am so new oo, can our mummy tell us wat is really happening to lasaco? I just got it on Tuesday and now it loosing twice @ ymcy56

As dem call me say I get case to answer for Nsempa, na im I rush come....🏃
As I saw you post I said to myself:
Ghen! Ghen!! Mcy you must learn by force for this platform. God pls don't allow my enemies in this forum to rejoice over me IJN.

* First of all, Im your pikin o.
* 2ndly, it's Lasaco you mentioned.
* 3rdly, I think you panicked because you're a new comer and possibly new to investing.

* That a stock lose doesn't mean something is wrong with it's fundamentals, that's just market for you......bearing in mind that the stock you picked @2+, has been bought at some point... @81k, 90k, N1 by someone else who entered much earlier or when the stock was down in the market......if those set of people sell @2 or 2.34 or thereabout, they are pocketing over +100% profit, doesn't mean it's the end for such stock.

- For instance, some investors bought GTCO as high as N34 naira sometimes last year or so or 2021, GT fell all the way from 34 down to N16.80 before it started reversing up again....and we know where the share price is now. It can only take an investor to remain calm in such situation....while traders must have jumped out with some hair-cut.

* In this market, stocks goes up and down. More reason knowledge is required in trading, even if it's basic knowledge.....and, for newbies, we often emphasize on "investing" instead of trading. Buying at bargain price is also emphasized.

* As it is now, please do not panic, do not sell in haste or at loss. What you're seeing is paper loss, which can reverse back to gain when the price goes up again.
* Also, dividend payment is coming, just try and download APEL Registrars E-Dividend Mandate form, fill and scan back to APEL Registrars.
* Another strategy to use is averaging down if you still have some funds, don't be in haste, let the shedding bottomed, when recovery is sighted, you buy more to average your cost price down.
* Like I said, that's Mr. Market for us. It has a mind of its own. Lasaco shouldn't be trading less than N3.

** Pardon me for the epistle*

Mfunkynation:
Chai.... this week the RED CARPET event has been roll Infront of every COYs

Not all....
Some are still going up, some fighting back while some are on red...
There are bids for fu.ga.z and some of these banking stocks......I use them as yardsticks mostly...
There are still volumes generally...
Still watching anyway....

*FBNH/ZENITH/ACCESS/F & F: Still holding up......
* MRS @79! Up with +N5....
* Volume in Japaul...

Toluway:
Madam Morgancapital has spoken.
Or use another browser.

If not yMcy, i wouldn't have been able to use Morgancapital. But now, i have become Baba Isale on the platform, with massive investment. Thank you for your natural openmindedness ma. You're really our Area Mother.

Lol.
Thanks Uncle Tolu.

talk2me2:
Did anyone notice that MorganCapital itrade buy and sell are not working?

It's working.
You may logout and login again

veecovee:
As far as jaiz continues to nose dive, i think I'm ok for now. I sold at 1.35/36. There are many fish in the sea.

Lol. Its okay sir.
But let's just be on the lookout for the acquisition rumour too.

@Customstreet kindly provide link to this if you have any, let's do more findings as well.

Geovanni412:
Not at all, boss
I use them and I have had decent experience with them
The only issue i have with them is that I don't have direct market access
Which means each time I sell a stock, it goes straight back to my withdrawal acct ..it isn't suitable for daytrading

If you say so.

As for direct payment, you must have opted for Direct Cash Settlement with CSCS.
It usually comes with account moved from one dead house to active one.

You can request for a DCS Form from your broker and indicate "NO" in appropriate column, then scan and send back to them with CSCS in copy.

Except it is the applicable mode to Investone.

Frangel:
LoL. Pastor nor wait for N2 (abi N3). Lucky you. Welldone for the alert sha.

But UNITY is getting attention @1.22......
Any offer brought at that price is picked.....
Just an update from observation. Not any form of advice....

IHelp:
Different a Same p

Lol. Similar pattern of posting.....

veecovee:
In case you have unitybnk, I sell this morning oo.
I no like wetin I see for Jaizbank

Pastor what did you see in JAIZ?
Just one day sell off?
Well, it stabilized this early hours so far.....we see how it goes....
*Updated* Jaiz support could not hold......further sell off to 1.38*

FBNH
@16.50 earlier....
Onvtop 50k.....Nothing wey these billionaires no fit do...,... they're just bent on pushing it up.....

Geovanni412:
Investment one is the broker I use

Emmasoft can help you with directions on how to sign up with them.

You're also a staff......from your posts and write-ups.

Mpeace:
pls screenshot and paste. My own google is showing 750 753

815 was intra-day but still closed @763.
Don't know why they didn't clarify this.
Some people just want everything to collapse but God won't allow that.
We can't expect everything to be fixed and take shape so quickly like that.

CONOIL closed @86. 50 today!!
I just saw it in the price list.....up with +7.50!
I was surprised ... Wonders of NSE.

GTCO: over 1.4B spent today again...
It doesn't seems like the euphoria is done yet.
It's well.