SonofElElyonRet:


Abi na mankind advice you follow?
🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️

ndept:
Thanks for your insight. I just went through caverton Q2 and saw an impressive EPS of 111k which is largely due to net (foreign) exchange difference. Do you think this will be sustainable going forward?

lionshare:
Food for thought- Any ideas?

Heishere:


My brother, if you see the loss in value you sef no go calm down. I am also in MTN but I am not in a loss and that's different.

Mankind2024:
MTNN has no justification for declaring any form of loss. They generated more revenue than some banks in Nigeria. This was a deliberate move by this Nigeria-based company, notorious for draining the country's Forex reserves.

4willer:
WEMA came in with a fantastic result of 270% growth in Q2 2024, pre-tax.

Very good result, positioning it for a good Q3 performance. That stock is a quiet achiever,
,

faoogoke:


They always post good results especially when they want us to buy their shares.

Mankind2024:
MTNN is one of the cankerworms, akin to the biblical molt eating worms, a caterpillar worm 🐛 🪱 🐛 that sucks Nigeria's Forex dry.
The rooted problem has existed since its inception, as the then-government failed to enact sufficient legislation to checkmate these Forex-sucking company.
MTNN is indeed unavoidable and undesirable. It single-handedly brought Nigeria to its knees by siphoning $14 billion out of the economy.
Following the paltry regulatory fine of $1.5 billion, which they paid without admitting guilt, I always knew they would get back at the government.
I wonder why the Nigerian government didn't seize the opportunity to nationalise MTNN.
The story of the MTNN scandal, perpetrated with Nigerian collaborators, made me realise that some Nigerians hate Nigeria with passion. The same was true for the P&ID scandal.
MTNN role in Nigeria's current inflation cannot be understated.
MTNN is full of global financial scandal.

sky2891:
https://www.premiumtimesng.com/business/business-news/719144-otedola-backs-tinubus-windfall-tax-blasts-bank-chiefs-for-owning-private-jets.html

onuku:
Anyone got dividend from The Initiates PLC (TIP) yet?

Mankind2024:
MTNN is one of the cankerworms, akin to the biblical molt eating worms, a caterpillar worm 🐛 🪱 🐛 that sucks Nigeria's Forex dry.
The rooted problem has existed since its inception, as the then-government failed to enact sufficient legislation to checkmate these Forex-sucking company.
MTNN is indeed unavoidable and undesirable. It single-handedly brought Nigeria to its knees by siphoning $14 billion out of the economy.
Following the paltry regulatory fine of $1.5 billion, which they paid without admitting guilt, I always knew they would get back at the government.
I wonder why the Nigerian government didn't seize the opportunity to nationalise MTNN.
The story of the MTNN scandal, perpetrated with Nigerian collaborators, made me realise that some Nigerians hate Nigeria with passion. The same was true for the P&ID scandal.
MTNN role in Nigeria's current inflation cannot be understated.
MTNN is full of global financial scandal.

Streetinvestor2:
I have said it severally that nothing good comes from south Africa to Nigeria. Mtn is a criminal organisation feeding fat on Nigeria economy. They are intentionally declaring loss with collaboration of criminal elements in nigeria. If thr is any country that envies niaja is that useless country. Why nigeria government allows them get away is what I can't explain. The outdated equipments they brought to naija is what they claim to be maintaining with our forex.They are not happy to be forced to list in nigeria. The next useless company is multi choice. All SA companies exploit nigeria people and move back the gain to thr country. And now claim African developed nation

ade205:
Greetings everyone,pls am amateur in NGX stock trading and i need ur advice.I bought Ucap @#40 with intention of selling @#45 before the QD unfortunately am at 23% loss, am thinking of selling at that loss and use the money to enter Oando at cp.If i sell now,will i still get the bonus? since the QD has passed.

haybhi1:
Guys, I have this update I've been doing since March.

Guys, it's easy and factual enough. Register here https://cbex.cx/register?inviteId=4U6REU
You're not giving me any money at all but it's just impossible you do this and not pray for me after you withdraw

haybhi1:

In case you have questions, I'm on: zero nine one three eight four zero zero eight two zero
If I don't pick, just whatsapp me as I may be in class when you calll in daytime.

Once again, I swear by my life, I have been on this since March and have been running it till today.

ade205:
Greetings everyone,pls am amateur in NGX stock trading and i need ur advice.I bought Ucap @#40 with intention of selling @#45 before the QD unfortunately am at 23% loss, am thinking of selling at that loss and use the money to enter Oando at cp.If i sell now,will i still get the bonus? since the QD has passed.

Mfunkynation:

if you like you can swear up and down!!!
but e no concern us ...
This is not a crypto group, so look elsewhere

Dum20:

Chai,
What did i just read?

Do you know that MTN is one of the companies keeping Nigeria alive?

You avoid the politicians to come and blame MTN for the economic woes nigeria is facing?

All the inputs to production of MTN are imported, from technology used to run their network, to power generating sets used to power their sites.

The cost of diesel doubled under 12 months, the dollar that they use to import their equipment doubled.

It is a suprise that they did not go under.

They should nationalise MTN, men that statement makes me to shake my head.

We already have a nigerian telco company, can you compare its perfomance to that of MTN.

Be careful what you wish for

ade205:
Greetings everyone,pls am amateur in NGX stock trading and i need ur advice.I bought Ucap @#40 with intention of selling @#45 before the QD unfortunately am at 23% loss, am thinking of selling at that loss and use the money to enter Oando at cp.If i sell now,will i still get the bonus? since the QD has passed.

Dum20:



Chai,

What did i just read?

Do you know that MTN is one of the companies keeping Nigeria alive?

You avoid the politicians to come and blame MTN for the economic woes nigeria is facing?

All the inputs to production of MTN are imported, from technology used to run their network, to power generating sets used to power their sites.

The cost of diesel doubled under 12 months, the dollar that they use to import their equipment doubled.

It is a suprise that they did not go under.

They should nationalise MTN, men that statement makes me to shake my head.

We already have a nigerian telco company, can you compare its perfomance to that of MTN.

Be careful what you wish for

ade205:
Greetings everyone,pls am amateur in NGX stock trading and i need ur advice.I bought Ucap @#40 with intention of selling @#45 before the QD unfortunately am at 23% loss, am thinking of selling at that loss and use the money to enter Oando at cp.If i sell now,will i still get the bonus? since the QD has passed.

ade205:
Greetings everyone,pls am amateur in NGX stock trading and i need ur advice.I bought Ucap @#40 with intention of selling @#45 before the QD unfortunately am at 23% loss, am thinking of selling at that loss and use the money to enter Oando at cp.If i sell now,will i still get the bonus? since the QD has passed.

sboga:



wen d real g's wey telli pesin wetin suppose buy na d cabal of dis grp dey abuse am say d pesin no fit type beta english
omo see wetin u cause...

don telli pesin pik up ucap wen u suppose to buy d dodo for singles

Mfunkynation:

Buying ucap @40 to sell higher was a wrong move by you!
You are qualified for the bonus and 0.90k dividend.
Don't sell at Loss ooooo...
In Nigeria, don't buy a stock and go and sleep... monitor it to save your capital...
if there's funds, average down in buying more at cheap price .
Ucap situation might happen to you in Oando oooo....
Stay one place jare

Mankind2024:
My humble advice: avoid selling UCAP at a loss, as you may be falling victim to the phenomenon known as the allure of dividends. UCAP is a profitable company and a growth stock. I suggest averaging down whenever the opportunity arises. Use the averaging formula: (Total cost price - Total current value) ÷ Current market price = Number of units to buy to keep your holdings in the green. Remember one of the fundamental rules of equity investing: "Never sell at a loss"
Nothing has changed in the underlying fundamentals; only the current market price is succumbing to the law of gravity.

yMcy56:

* Let me say, we all do fall victim of this type of moves at one time or the other...
* Even the bosses sometimes do buy high when they sights value in a stock but which may fall further from their entry prices, the difference there is that they buy because they've seen hidden value in such stock.
You have not committed any crime but market forces acted otherwise in UCAP.
* Don't sell at loss!
Find some funds to average it down because it will be marked down today and it will open around N10.30, it will require lesser fund to buy more volumes to average it down.
Buy more, the cost price will fall drastically, then you can sell with little or no loss to enter another stock of your choice (that is, if you don't want to keep it for long term).
* The bonus and Dividend will then be your compensation and profit when paid and bonus added to your CSCS.
* Once you see people posting here that they've seen UCAP bonus, all you do is to contact your broker too to add it to your trading portfolio.