₦airaland Forum

veecovee:
Na wa for STI them oo
But like when do you think we should do the final offloading before their planned whatever? I took somehow big risk here

Let's exercise more patience Pastor....
Looks like water still pass the garri for now, some investors have been dealt with by insurance, so they're just offloading anyhow.
I want to believe that STI will still do well.......I'm looking at it getting to circa 45/50k.......I may be wrong but that's just my conviction for now.
All na risk taking......all na gambling.

FTN COCOA, OANDO, CUTIX: Full bid.....
UCAP: Bids far outweigh offers.....
There's one stock having more bids than offers for the past few weeks, bargain hunters sighted queuing up at bargain junctions, good q2 should help it's ministry.......

This STI guys aren't serious....unlike their CHI colleague...
....but we will still exercise more patience with them.

Vitafoam is doing pretty well.......@15.70 now....
So also UCAP and UACN....

zionaigbokhan:
Please can anyone help with Morgan capital number. The two on their page is not connecting. Abeg Myc56, MegaWelth, everybody.

014540114
This should work.....

Waoh! This market!
Dangcem moved up with +18.90k! Now 248.90.

Total also moved up with +10% ......now 184.80

CUTIX, OANDO with +10%

emmasoft:
Good traders don't attach sentiments to any stock or to the business of stock trading.

They uses chats, fundamentals, news, rumors etc to their advantage with the ultimate aim of making profit.

In PA Emma's voice: Oil dey your head.

UACN
Lots of crossings for the past few days....

TOTAL
Total is paying interim dividend of N4.
A good one from Total...
https://doclib.ngxgroup.com/Financial_NewsDocs/33715_TOTAL_NIGERIA_PLC%20INTERIM_DIVIDEND_CORPORATE_ACTIONS_.pdf

UCAP, CUTIX, OANDO,
Doing fine .........

CUTIX, OANDO: Full Bid.....
UCAP......up with 11k so far.......with 21M bids Vs. 3M offers
FIDELITY.......Quite some crossings @2.40......

OBAGADAFFI:
They have settled with SEC

Yes.....

OANDO
Full Bid!
Over 72M units @3.61 as at now.....
Can remember telling one oga that my insinct is telling me Oando will move.....chai! Don't know it will be so soon.....

salanda:
Thanks for the Jaizbank heads up.
Jaizbank paid 3kobo dividend this year.
N0.03 is 3 kobo
3k is 3 kobo
0.03k is right but it's not 3 kobo it's far less than 3 kobo.

N0.03k is wrong!
N0:03 is wrong!

N0.30 = 30k is 30 kobo
N3.00 = N3 is 3 Naira

English Tisha turned Maths Tisha.
Well done sir.
All these kobos used to confuse sometimes, we deal in thousands and Mils..... ........lol.
The idea is that Jaiz paid dividend, shikenah.

@flash360
Thanks.
Think I got your perspective now.
Notwithstanding, the whole scenario would have been factored into the reconstruction. LASACO @1.80 is still fair post reconstruction.
We see how it goes....

Flash360:
entered at 1.15, happy to have sold at 1.70 today . I expect dilution of the shares to happen by 3rd Qtr. Deposit for the new shares have been made already. if price drop soon, i will remop again.

Well done sir.
Concerning the dilution you mentioned, dont you think the shares are already factored in?
Are you implying that another shares will be "manufactured" for the depositor?
Wanted to reply your last mail on the dilution but not chanced again.
If you compare the EPS of 2019 to 2020, you'll see the huge difference......from 0.04k (or so) to 0.10k......and profit more than double, around +116% or so. What do you think happened here? Just asking to learn more ni o.

LASACO
Touched 1.80 and some kee-joy took it back to N1.53.......e go still move Sha..

otokx:
Do they pay dividends consistently?

Started paying dividend like two years ago.......when NSE allowed them to be paying.
Though not much, like 0.03k...... but nah from clap e dey take enter dance.....lol.

JAIZBANK in market today.....
Over 150M units traded.......
Directors dealings........
Bargain hunters picking along with them @ btw 53 and 55k.....
Bargain risk takers food don land since oo...

megawealth01:
That bank is nonsense

Arduino will not agree with you here...
Bank that has made cool money for some jijoist...
Just that we have to sound the warning lest it turns out to be like Skye Bank.....
Chai! That bank carried my money along with it...

sonofElElyon:
Sovereign trust insurance.. but I think the symbol on the stock exchange is different from STI.

Anyway ask and be sure that it's still the right time to buy.. and remember that no one here is a financial adviser.. you bear your own investigation risks

You're right.
The symbol is "Sovrenins".
I think STI is still okay @0.30k.....
MM seems to be awake, recap deadline is getting closer.......
Besides, the coy is doing fine recently.
Yes.....DD as always. Not any form of advice....

UNITY BANK
Anyone playing this stock should be careful and be on the lookout.
License may likely be revoked or a Receivership steps in.

CC: Arduino

megawealth01:
Na that loss be the problem... I am a HOLDER now sef

For me, it doesn't have to be loss...
You can average down and wait (each active stock always have its own time)....OR, average down and sell with minimal loss.

locodemy:
When you try upl, you will know Ikeja hotel is a safe heaven in terms of liquidity.

Lol.

Raider76:
Kind of you to take your time and give this info. Clearly the long lists show how difficult this game is, and the need to have a plan. Unfortunately I found that making a trading/investment plan is easier said than done. Even if one makes a plan sticking to it is not easy. This however is not meant to discourage.

Some of my ogas here will disagree with you on this.
It's easy to make investment plans, you just needed discipline and ability to control your emotions.
Also, you could have all the plans in place if you're a big player by earmarking certain percentage of your portfolio to each.......
For instance, 10% for short term/Jijo play, 20% for medium term and 70% for long term......

megawealth01:
Like TRANSCORP can make you a long term investor by FORCE

Lol.
TRANSCORP is even better, it is liquid unlike Ikeja Hotels, Transcorp hotels, Tantalizer and few others......you'll become a longer termer by force....
For Transcorp, highest you offload your Kaya at loss.....

abraolas1:
Hi yMcy56
Thanks for all you do here ....
Needs your thought on your preffered long term and Short term stock at this moment .
As usual DD will be observed

Thanks too.
My preferred Long Term Stocks : These are actually the consistent dividend paying stocks.
If entry is timed right these could be considered:
Most of the big cap stocks....... Nestlé, MTN, SEPLAT, OKOMU, PRESCO, DANGCEM, Airtel, BUA, etc ........and also: VITAFOAM, CAP Plc, Custodian, UCAP, Conoil, NEM, JB, Learn Africa, GSK, M&B, Fidson, Dangsugar, Wapco, UACN, APR, FMN.........

The Tier 1 banks (F.U.G.A.Z & Stanbic) fits into Short, medium and long term, depending on the periods in view, your investment objectives and your personality (culled this out from one of Oga Wanaj0's posts).
Tier 2 Banks (Fidelity, FCMB) fits more into short and medium, also fits into long term anyway....

Short Term :
Other banks, some insurance stocks, JP, HW, TRANSCORP, Livestock.......... remember some could also fit into long term.

Actually the list is not exhaustive and not cast in stone. Also bear in mind that regular review of each stock is very important to know if they're still performing up to expectations.

This is my opinion.........
**NB: Note the entry comment, good to enter at bargain/cheaper prices**

locodemy:
What is your gain in this long post?
Just wasting blood.

Oga Loco, you self come help the guy's ministry by copying the long post nah.

[quote author=Dollarwoman post=103764137][/quote]STI is Sovereign Trust.
Not MH o, just a response to that bros that asked....

UCAP Q2 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/33694_UNITED_CAPITAL_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FO.pdf

JAPAULGOLD
Approval from NGX Regulation to submit Q2 2021 report on or before 29th Sept.....
Currently conducting some strategic engagements aimed at impacting positively on the Company's new/diversified biz....
https://doclib.ngxgroup.com/Financial_NewsDocs/33698_JAPAUL_GOLD_AND_VENTURES_PLC%20JAPAUL_GOLD__VENTURES_PLC.pdf

ukay2:
@Myc, hope you entered UPDC then at 80k?

Boss I didn't enter......
Bought before then @96k.......then sold.
Later gambled @1.26 and sold again......finish.....
Thanks sir.

locodemy:
Whenever banking stocks witness rise in prices, I do play sterling bank.I used to play fcmb in those days.
The sharp rise in sterling bank during bull is commendable.

Think FCMB is still far better than this your sterling self.
E Ku Market Sir.

Sharmeenator:
What's happening with IKEJA HOTEL guys? There's a massive selloff ongoing

Going back to base I suppose...
This is a seasonal stock that comes to market once in a while...
If you're not a long termer, I expect that you should have done justice to it when it peaks......

yMcy56:
If you're not inclined to insurance stocks just stay away from them, don't buy because of another person's convictions. You may look the way of fundamentally sound stocks.

As for STI, if you feel like buying some, you may pick at low junction around 25-27kobo and take lots of drugs of patience.

I think Lasaco may be a good choice too......At current price, 1.39, Lasaco is trading @ 0.34k.....or let's say, 0.35k...........still awaiting release of result......IF it comes out fine, the coy may pay dividend. DD applies.

@SonofElElyon
Hope you picked some units of these stocks the time you asked.......or your brokers said don't pick again......
50% or more is likely loading in STI......... Patience and DD as always.

E Ku Market o.
Just say make I greet Una.

Hope some Nsempas key-in to Fidelity @2.20.........and some at earlier 2.10.......
Seems Moneybags just had to shift their goal posts up cos bargain hunters weren't/aren't giving them breathing space below 2.30 again....