Ades1:



Buy some now and be ready to buy more when prices go lower. If you plan to be in it for the long run, 50 kobo here and there is not going to make that much of a difference.

I bought some UCAP at 5.5, some at 8, some at 14, as long as you have the discipline to continue to buy when prices fall, you’ll do just fine in the long run.

I took a screenshot of this post after I posted it last year, just got reminded by my phone about a photo from a year ago.

I remember this person asking if ₦14 for UCAP was an acceptable price. I hope they listened and bought a ton because UCAP is now trading at ₦48+.

Oh this person also collected ₦2.70 in dividends along the way.

Mankind2024:
The day the magnificent 7 stocks saw red, before the bear was slaughtered by the ravaging bull, is etched in my memory. I won't soon forget July 29th to 31st, 2024. Bad news from Wall Street dominated the headlines, with analysts focusing on Tech and AI stocks. Microsoft beat estimates in all key areas but was punished for its less-than-encouraging cloud revenue. Alphabet performed excellently in all fundamentals, but Wall Street found fault in YouTube's advert revenue, which marginally fell short of estimates. This led to a massive sell-off. I sensed a conspiracy and quickly transferred funds from UBA to my T212 investment account. Luckily, the funds arrived during after-market trading on July 30th, when NVIDIA was trading at $100. As a Nigerian investor actively learning the ropes of stock investing, I saw this as a lifetime opportunity. I added 100 units of NVIDIA to my portfolio at $100/unit. Today, I woke up to a gain of over $2000, with NVIDIA trading at $120+. My red portfolio had turned green overnight. The lesson here is that true wealth is built during market downturns. Always keep cash in your portfolio to prepare for red days. Red days are imminent in equity investment, and volatility is the market's inherent characteristic. I learned a valuable lesson from seasoned portfolio managers and investment bankers: they create opportunities where none exist. They force you to sell when you should be buying and vice versa. Remain calm; red days are opportunities for learned investors to borrow money to invest in fundamentally sound stocks like the magnificent 7. Up magnificent 7 stocks, the story is beautiful.

You and this your magnificent 7 😂😂😂😂. Were you invested in them when they used to be referred to as FAANG(Facebook, Apple, Amazon, Netflix &Google)?

Streetinvestor2:
Walahi I was not expecting this government to be as useless as this even as I and my house never voted for them.I was ok with forex policy and subsidy removal. Then I believed they will be able to create genuine wealth to cushion the effect as Buhari failed in everything. It is now obvious the finance guy and cbn guy has nothing to offer. The major catalyst to kick start the economy is what the government itself is fighting.....Dangote refinery.

😂😂😂😂 shameless man

Streetinvestor2:
You dey mind the yeye government. They have borrowed life out of the economy without anything to show for it.They are looking inward to steal from us via 50%on forex,dormant accounts and unclaimed dividend..what a useless minister of finance and half baked cbn governor. This was actually they stopped bank from paying dividend from it and part of recapitalisation fund.

Weren’t you the one insulting me like 3 months ago or so when I called the cbn incompetent? Sir, permit me to call you a m0r0n!! This is just the beginning of your wailing, you go cry tire 🤦🏽‍♂️

Raider76:


That is why I think people should always be advised that if you want to newly jump into a foreign market there is learning curve you have to go through. Don't just listen to the advertised potential returns.

The funny thing is these noisemakers only appear when valuations are sky high! Where was your ‘Mag 7’ noise when Tesla was trading at $105? Amazon at around $100 or so, Facebook/Meta at $88?

Like I said, be careful of all these online people/influencers. Local or foreign, a crook is a crook

Mankind2024:
Trading
My intrinsic mentality is investing for future wealth.
NSEMPA investors should consider investing in the Magnificent 7. Limiting oneself to NGX could lead to financial constraints. The impact of the ongoing right issues on the value of the Naira and overall portfolio outlook by 2025 remains uncertain. An analyst made a successful bet on NVDA two years ago, aiming to retire by 2030, and the investment paid off a year earlier than expected. It's becoming an investment oversight not to have a stake in the Magnificent 7 and S&P 500.
While nothing can be predicted with absolute certainty, I have a clear idea of how my investments in the Magnificent 7 and S&P 500 will likely perform in the next four years. It's challenging to predict if most stocks listed on NGX will reach their fair value estimates due to the unstable petrodollar economy and inconsistent government interference and policies. In contrast, the US economy is driven by technology, with the 4th and 5th industrial revolutions contributing significantly. The Magnificent 7 are at the forefront of this technological advancement. Yesterday, TSLA drove the market with its delivery of over 420,000 full electric vehicles. If TSLA achieves production of 1 million units per quarter and successfully launches its fully self-autonomous driverless vehicle, which is becoming a reality, then owning 1000 units could make you a dollar millionaire by 2030. The stock could trade between $1500 to $2500 by then.
Take a clue for this self investor who placed a bet on NVDA 2 years ago, he won the bet a year earlier.


https://www.youtube.com/watch?v=zMCrzNUMUag?si=VT0XtNyDEGKYat8H

YouTube crooks will lead you to the slaughterhouse. Just be careful is all I can say.

chillykelly86:


Please where do you access historical data like this?

Investing dot commm

Streetinvestor2:
Lol,I bought because I like hero beer as our own beer and I like Peter obi.And my target was #20 because I was still buying at #8plus.IB has no problem with its products. Did you see the way budwiser was selling when it was introduced. Have you seen the way it's non alcoholic drinks sell up north. The are giving NB a run for all thr products

If you saw value at N8, you should see bigger value at current price, if you think the story behind your N20 value has changed then you should sell.

Same thing happened to me with Sterling. I was so sure things will get better going forward, it went to N6 abi & N7, I did not sell because the future was bright. Then CBN came with recapitalization, I didn't sell because the future was bright.

Then they refused to pay dividend that is my bread and butter, I sold so fast, and I am glad I did because I poured the money into UBA at N19.

If you no longer have faith in the management of Intbrew, better to sell and move to other businesses that you trust. This is a game of numbers, not emotions

[quote author=Payunsin post=130419432][/quote]



Keyword Risk Free* I was willing to stake 40% of my money for 30% return RISK FREE

I took out my investment and have left the profit which is up more than 200% and climbing . I bargained for 30% RISK FREE and got 100%+ please tell me with confidence why you invested N55M in Intbrew if not for NL hype.

Streetinvestor2:
I will not cut any loss.My BE is #5plus.I pray the RI succeed but it Haa to be management money. They claim is debt that is thr problem. Let them use thr money to pay the debt since they know how to declare loss after making good income every yr

You invested 55M+ in IB? You be the real street lol.... Where were you when it skyrocketed to N10+ around 2021 abi na 2022?


You're just like that person that invested 30M in OandO without any real justification other than the hype on Nairaland

Streetinvestor2:
See person way they make mouth he will buy my oando at #20 .

Market no be anybody mate! It is easy to make mouth when you see 2-3 days of back to back 10% increase. But when Kasala bursts, story changes

eziokwunwoko:
Can UBA ACCESS, ZENITH slipp to N17.50.,N15, N25.00. I NEED ANSWERS
BULLBEARMKT

Any thing can slip to any number. If or when they do, will you buy or will you wait for further slips?

I think I know the answer

Mankind2024:


"The fundamental law of investing is the uncertainty of the future."
Don't be too sure of what is going to happen.
If you were sure of the future, you would have taken the most difficult loans with the highest interest rate and invest same in NAHCO @N2.30, TRANSCOHOT @ 3.40, Transcorp plc @ N1, CWG pls @N0.9k, SEPLAT @N350.
Always remember that the future is the most uncertain in the fundamental law of investing.
The future depends solely on what we do in the present!

Your tone has really changed. You sound very different from that guy that said TRANSCORP will NEVER go below 5 with so much certainty like you could see the future.
You insulted me when I questioned your methodology. Looks like you’ve really changed to a more reserved person and your approach to investing is much different now. I like the new you.

Maybe it’s a different person, but your new moniker is very similar to the old one.

Emeka1441:
needing to ask.. am a newbie.. would they pay you this 700k 4times this year?

Dangote Cement pays dividend once a year.

ndept:
https://doclib.ngxgroup.com/Financial_NewsDocs/41335_STERLING_FINANCIAL_HOLDINGS_COMPANY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MAY_2024.pdf

EPS of 75k as against 46k in 2022. No dividend proposed by the Directors.

Lemme quickly go and sell! Rubbish people

KayOn1:


I need the "Panic Sell" to reach NAHCO & a few others ASAP!

As here don too quiet, make I dey keep am going small small till our madam & moderator(s) come back.

Regarding the quietness of this place, you never see anything lol.... This place go be like cemetery when the real bears take over.

I said it before, when e red, everybody go fly fence

Stanbic landed early as usual. Always a day early with Stanbic, I like it

DrAkpamudehe:


I have been watching how rude you respond to people on this thread, even when the posts are not directed to you. Boy, just watch it and don't be stuupid. I am not your mate

Na ancient human being you call boy? If not be naija situation, that man should be a great grand father now. Don't let his busy body fool you

chillykelly86:


My dear, this line you and Ades1 are towing is very dangerous. I can say with some level of certainty that a good number of the most useful resource persons here don't have anything to prove to anyone and will not take up this your challenge.

If you don't want to take someone's recommendation or analysis because they haven't shown their portfolio, pass it and don't deprive those who want to use them the privilege.

This thread shouldn't be narrowed to fit the boxes carved by a few. Let us live and let live.

Oh I know no one will show anything. I’ve been around long enough to know that.


I own a ton of Zenith, UBA, UCAP, GT etc if their prices drop in half today I’ll be jubilating while others gnash their teeth. This allows me to buy more! That’s my process and I’ve stuck to it for years.

Everyone should have a process they’re comfortable with and stick to it, instead of all the noise.

We dey here when some people said UBA at N8 was expensive, instead of listening, I bought a ton more. We haven’t seen some of those people here in 2 years

Streetinvestor2:
Why are u interested in that information.

When you recommend stocks, you should show that you’re willing to risk your money.

Am I really interested in that information? Not really.

I am also not interested in how long people have been investing in NGX but it is mentioned here a million times.

Imo, if you’re willing to share how long you’ve been investing, your cost basis and recommendations, you should be willing to share what you hold in your portfolio too.

222Martins:
Good morning everybody..........In the end, two things will prove us right or wrong on this NGX. 1. Time... 2. The Market I wish we can start holding ourselves accountable especially when you publicly advice people to buy a stock. For example in December 2024, we make a post or start a thread like:

1. "How many percent loss or gain did you make this year and in what stocks."
2. What stocks do you currently have in your portfolio? (With picture proof)

This will separate those who walk the talk and those who point others in the direction they are running away from. To the Forbes List investment peeps, i come in peace.

You will not get that here, all you get here is mostly noise, very few people here put their money where their mouth is.

thebargainhunte:
CBN approval now takes ages. What is causing the delay abeg?

They’re working bros 😂😂😂😂😂. Just cross your legs and wait 🤦🏽‍♂️

toyeoye:


Lol @ beer joint...
I am also optimistic the Naira will be strengthened and eventually be exchanged according to it's true value but for now o, #1,251 low and is artificially capped, so the CBN is subsidising. Our currency is merely a means of exchange and not a store of value. Now if you also say that pms is not subsidised, I cannot be bothered...

Up Naira! please collect your gold medal from the moderator, you win.

You're wasting your time with these people jare. In here, I am the biggest Naira advocate but even in my sleep I can see the game the CBN is playing with this dollar thing. They're literally playing the same game Emefiele played and lost. That $$ they borrowed to sell to BDC will finish then what?

I have never exchanged my naira for Dollar EVER, but that is about to change.

Nvednutfr33:
Good day everyone, am still new to this group and to the Nigerian stocks and been quietly observing things here. Kudos to the person who started this group and kudos to the contributors.
I would be posting my questions from time to time and would continue to observe and learn from you guys here. Thank you everyone.
Before I go please what’s with the astronomical daily rise of Juli pharmacy shares and can one buy it or not?
Thanks for the anticipated response(s)

Since you're new to stocks, my small recommendation is to stay away from companies you cannot explain their rise, those are for the experts.

Find companies with very good fundamentals, question everything, do your own research before putting your hard earned money into anything.

Streetinvestor2:
It is always easy to call another incompetent. The question is what have you contributed to the country. Has the time frame for publishing results elapsed Mr competent.

If you accept the job then do the job! Why is is taking CBN more than 30 days to approve or ask for revision if necessary?

Isn’t it too late for you to be awake old man? No be everything you must argue about 🙄🙄

Owoblowblow:
My favourite PEEPs, I greet you all.
I wondered if anyone knows why most of these companies that usually release their year end results by first quarter of the new year ate not doing so this time. Usually , we would have received UCAP and Zenith dividend by now. Thank u

Most banks have already submitted their AFS to CBN but as always incompetence reigns in this country.

As terrible as Emefiele was, this current CBN regime doing everything to make him look like a genius.

UCAP had their board meeting today, we should hear something between now and Friday.

yMcy56:
First Bank: Closing price 43.95!
Displaced ZEE and heading for GT
No be small thing......

GT: 45.85
FBNH: 43.95
ZEE: 38.10

* Now someone was mentioning JIJO as if it's a bad thing......
Imagine picking Elephant @27 and selling @43 in less than 2 or 3 weeks!
I wonder the type of stock that can deliver that to you in 6-12 months as a dividend.......not plenty on the Exchange 😁

Imagination will not kee you madam Always imagining things

Na joke I dey ooooh

Mfunkynation:

let me just correct you on one assertion!
LOCO is never for DIVIDEND but Capital APPRECIATION!

Loco has said it here publicly that his GOAL is to have ENOUGH capital to invest and forget all the headaches of jijo.

KarlTom:
As much as I commend your message, I have a feeling you do not care about 'small scale traders' and you do not hide that feeling.

However, a closer look at this quoted message shows that you actually are open to TRADING & INVESTING. All you seek is the one with the highest YIELD and lowest RISK.

200k is big money if it can be made every day (that's roughly ₦6m p.m.). This is at variance with someone who is growing his/er portfolio solely on dividend. S/he go old for there

Like @Ositadinma said, one thing is certain: every price movement is an opportunity to make money (either passive as price appreciation/dividend or active by trading/ JIJO).

All of the above have their fair share of RISK.

To each mallam his kettle...

Oh I am here to make money for sure, it is always about the risk/reward for me. And I find it misleading when people talk about their success and not their failures. If a trader has been making N200k daily consistently for the past 5 years, how much will they be sitting on today? Will that trader still be going through all that stress on top of N200k? I will even call name, if Osita has been a successful trader for the past 5 years, making N200k daily, do you think he will still be chasing 200k?

Like I said, if your success rate is 90%, matter of fact even 70%, keep at it.

MARKETJJC:



Trading is cool for those that have the temperament. I used solely trading to grow 500k that I started trading with (after my NYSC) TO 4.5MILLION. This is exactly one year that I started trading. I thank God that I jam this platform, Mercy na ultimate. And Loco too

Wow! Congrats you 4X'd your money in 12 months! That's a huge feat, would you be kind enough to share screenshots of your buys and sells? This will definitely motivate lot of people here. Even me, I may sell everything and join the train.

Adinije:
I wonder what is wrong in buying Dangsugar at 47 and selling at 60 for quick gain. Or buying MTN at 190 and selling at 240

Nothing is wrong if you have decent capital to invest. My point is N170k you profit today, can be lost in the very next trade. Even the jijo master Loco has said his ultimate goal is dividends.


My message was the RISK/REWARD part of trading. If you can get it right 90% of the time by all means keep at it. Who here has 50m and is risking it for 12% or so, when they can get 6-10% RISK FREE?

We all dey this market, 5 years ago lots of us were young, small timers and saw N200k as big money, 5 years in, I have outgrown it, 200k can't even shake the portfolio again. The same thing can be said about every INVESTOR who kept at it for the last 5 years.

Traders on the other hand, are still hustling for the same N200k they hustled 5 years ago. I made my intentions known from my very first post, I am not here for small money, I am here for HUGE amounts

ositadima1:


Nothing stops you from using 50 million to trade. At least an 8.5% return should give you a profit close to 4.5 million. With such moderately large capital, you would not have the flexibility that someone with smaller capital has. You would need to check liquidity before entering a trade. You can invest 50 million in target stocks 2 or 3 times a year and close with a profit of around 15 million for the year. Or, you could aim for higher returns; the possibilities are endless.

It is a misconception to think that you are not "sharing money with other parties" when you depend on dividends. In reality, you share your profits with the company's staff, raw material vendors, and through taxes. In short, you cannot conduct any business without using part of your revenue to facilitate costs.

One thing I have realized is that traders only show their wins, they never show their devastating losses. The risk/reward of N4.5M on a N50M investment is a joke imo. When you can use that 50m to collect around 3M in your savings completely risk free.

We've seen traders here change their minds depending on what the market does for the day. Today it is bull because markets are green, tomorrow it is bear because of 3% down, do you not think they are equally trading based on these sentiments.

My NGX portfolio is up around 200% and growing because I have held through thick and thin. I have also invested most of the dividend payments. This is why 170k is small in my eyes today, I probably had different views of that same amount 3-4 years ago