BabsO2:


It is moving towards joining Zenith and GTCO to form a triplet. By mid year book value per share, UBA has surpassed GTCO. It is inching towards catching Zenith. We need full year results and more results next year to see if UBA has joined Zenith/GTCO club

Someone is singing it now, but as always no one would listen. The difference between 19 naira and 33 naira is 75% not counting all the multiple dividends you will collect along the way

I am louding it because I can remember vividly when someone was asking if UBA at around 8.20 was still a good entry price. I haven't bought stocks in a while, time for me to start accumu

yMcy56:

Many of you don change to new moniker finish, we don't know who's who again.

Una well done o.

Some stocks making us proud despite your name calling........at least we are not mentioning it here and they are performing wonders in market.

Good to test the resilience and Northward movement of such stocks without it been mentioned on this platform, so no one can accuse of MH now.

LOL, so BuchyD = Young Buffet?

Mfunkynation:

You are right!
COVID was a situation that happened everywhere!
but currently, what is happening that will make the price to fall back to that level now?

We don't know what is coming, just like we didn't know covid was coming,. The fact that we don't have a crystal ball to see the future is why we shouldn't make SURE statements, just my take.

Mfunkynation:

Oga , go get them at 20k now let us see...
The period of 3 and 4 at that price is over!

I don't understand how you people can be this confident with such statements, even after witnessing covid lows and covid that turned out to be almost nothing ooooh.

This is why I am almost certain that when bad times come, lots of confident people will throw in the towel lol!

Every stock can fall from whatever price to 20k, it's only a matter of time. Once you have accepted this, investing becomes a little easier

Streetinvestor2:
Do dd on wapco and whr 5he sukuk fund is heading

Wapco has been disappointing for sure, refused to "shakebody" when stocks were rallying. I am very skeptical/bearish on all these cement companies with their price war. It is like they are competing to see who would sell at the lowest price. It is never a good sign when companies cut prices!

Wapco is still like 9% of my portfolio though, it is only that low because it has refused to move like others

Olaide1295:
I did not buy Sukuk @15.75 cos I don't want too much bonds in my portfolio. Trying to keep bonds to a minimum since i'm still young.
Now what stocks are underpriced and have potential?
I am thinking of just buying some Presco and DangSugar. Any thoughts?

cc: @everyone

Boss, which stocks are underpriced? I can’t seem to find them.

Perhaps Presco is a little cheap but which other stocks?

Make sure to reinvest those dividends back into your portfolios oh, don’t spend it all on enjoyment.

Mfunkynation:

Thanks for the update..
Mine is the original Access Bank account number..
It doesn't have an alternative

I use GT and have not seen mine. Something is definitely off this time around

Redoil:
before we sholud start laughing or crying about oando
what does the rules says about delisting a stock?

1. that the minority share holders must accept the delisting
2. the highest price of the stock withing 6months of trading sholud be paid
3. that

Sorry, I cannot encourage gambling! How can you put 30M+ (and this was all he had) on a speculative play? A company that has not reported results for years, Company with shady history. What kind of gambling is that? As for rules, this is Nigeria lol

I still have OandO shares and will buy more at 4.50 or less, but my play is well planned. Buy for less than the buyout price and then pocket the difference! This is why I will confidently buy MORE when price gets to 4.50(except there is a change in buyout price). Now ask yourself this question, can that guy explain his reasoning for buying at 14 or 16 with N32,000,0000?

I said it earlier, I expected this accident to happen, I knew it would happen, the only thing I didn't know was when it would happen

undead:
I am very sad. I lost a lot of money in Oando. I cannot sell my shares. I have a big problem. Don't misunderstand me. I started investing in stocks this year. I bought Japaul Gold, Transcorp, and Dangote Sugar. I doubled my money every time. My 4 million naira became 32 million naira. But now I cannot withdraw even 1 million naira. This is my life savings. I saved this money for six years. Please, what can I do? Ncha na acho e ba efi n'anya.

CC yMcy56, PETERiCHY, Locotrader, megawealth01, Ginalex, Ogg, prophet

Hahahahahahahahaha First casualty of our OandO bus accident reported! I really cant control my laughter right now! Someone said if you make money by gambling, you'll also lose it by gambling

You risk takers should keep playing with fire, una go turn dust!

This market funny sha

Frangel:
OANDO Plc
Impressive 2021 financials. Not out of the woods yet.

The Notes to the accounts are important. Kindly review the Notes, especially Note 50 on Going Concern.

For the minority shareholders projecting to defeat the delisting plan, the court requires 3/4th votes to approve it. Significant shareholders already control 74% and will determine the outcome.

Just my observations.

Oga mi, most people invested in Oando are not invested because of of Fundamental Analysis(FA), Or Sentimental Analysis(SA) for that matter. Most people are in because of Commonsense Analysis(CA).

I got in N4.40 when the N7 buyout was announced, at that time, N2 gain was my target, as soon as Jagaban was announced as the president elect, I bought a ton more at N4.80 because we all know how things work in this country! Anyways, today, I sold about 30% of my holdings to recoup my investment! You see that 70% left? It is on AutoPilot until something drastic happens. Yes, there is massive risk in Oando, but as long as Jagaban family dey in control, I am in this bus till we get accident!

Shalom428:
Nigeria stocks are ridiculously cheap. Long term investors that have holding power and are patient will be massively rewarded when the Nigeria economy finds its balance.

All I see is opportunities.

Shalom

I have been singing this same song for 3+ years, no one listens! All things being equal, will be rewarded in due time!

megawealth01:


Oando has been a bad boi for years ooooo

Thanks for the heads up, 2 or 3 more days of 10%, I’ll hit my 100% target. I’ll make a decision if holding or selling.

Someone once said Trancorp will go from around 4 Naira 400 or 500, I don’t remember the exact number but it was so absurd I couldn’t control myself but call their bluff!

He said, a company valued at 100Billion+ will grow 10,000% and no one here raised any concern until I called them out! Btw, the only catalyst for making this absurd call was because Otedola was buying the stock!

But the reaction I see here everytime someone says Oando will grow 1,000% is surprising. Hopefully Oando can prove the naysayers wrong!

Mpeace:
The CocoPhilips deal took almost two years before they got the requisit ministerial approval.
Seplat have been working for the ministerial approval of their purchase of Mobil Producing Nigeria Unlimited from Exxon Mobil Cirporation since February 2022(1year and seven months now)

Just rush tomorrow morning save your capital if you bought above N5.
The over 80million units sold today shows how insiders control our stock exchange. They cashed out today before the news.

Does that mean Oando can continue to climb like SEPLAT while this case is on going?

OBAGADAFFI:

This one you dey laugh, is it because you missed the entry?


Anyways, any lawyers in the house? Should Oando shareholders be worried? I am up 50%+ on my small purchase, my target was 100%, should I be worried?

Labdi69:


Chai this life/ some pple are starting with my goal

Na so, when you reach your goal, you will shift your goal post! Pretty sure that's how it works with humans lol

Capitas7:


Nice calculation!
I put those lines in bold because they summarize why there is much more to 25years of building wealth than being lucky to enter NGX in 2020. We might as well assume that he started with 5k in 1998, and got things right to build it to 50M in 2020. Many minds will lose the motivation to invest in this market when the current euphoria is gone. That man's response has a lot of wisdom in it. He has defined his own wealth (not to be compared with anyone's (not even Dangote). If the current events on NGX is a true representation of how the capital market works even just 50% of the time, all the businessmen/women in Computer village, Alaba and the rest would have closed their shops decades ago to be following NSEMPA thread day and night.
25 years has seen the Dotcom bubble in Western markets, the 2008 recession, COVID19 pandemic, the many bonus shares of FBNH and its rise and fall through N33 and N4, the IPO's of defunct companies, the delisting of companies perceived to have potentials, the greater than 10X devaluation of the Naira, the hike in fuel price from N40 to N600, and many other economic stories. We cannot discount all the decisions that an investor made during each of these events, the choice to keep servicing a loan just because money needs to be keyed into generational low opportunities, predicting when cash is king or when to sow, calculating when to invest for dividends or capital growth, the choice of alternative investment decisions such as real estate, money market, forex etc, the choice of being greedy when others are careful or vice-versa, and many more.
Compared to all I have listed, a 2020-born investment portfolio is a virgin. I know of many people who saw the upward movement of stock prices in NYSE during the later days of COVID19 coupled with the certainty of perpetual Naira devaluation and sold/liquidated their Naira- denominated property and investments to become "traders". Many are still bagholders till date. We see new monikers asking everyday how to transfer their "abandoned" holdings to new stockbrokers houses or how to open accounts. A question to ask is why did some of these investors run away from the market after the 2008 recession, only to come back when the ovation is loud (another wrong move anyway)?

NB: This is not intended to attack the calculation nor to question the post - I respect both. If I come back in 14 years time (my own 25 years of investing) to share how successful I have been through Grace, hardwork, smart work, tenacity and all, and someone does a quick arithmetic of how I could have put 200k in FO to cash out 2M, put that in MMM to cash out 8M, put that in FBNH to cash out 20M, and so on, I might run to oga Mankindman for lecture on how to deactivate my account.... just kidding.

No matter how lucky you are or how massive your returns are, 700 milla no be beans! And that's in whatever currency you want to convert it to lol! Even if the person enjoyed 20X returns, that's still a lot of their money they had to invest! That man tried, it's not easy to stick to the plan through good and bad times.

Still waiting for one bros to update us. He posted that his goal was a billion some years back starting with 100m

Shalom428:
Dangote and I are two different people with two different philosophy about life .

With more than 8 Million Monthly for the next 25 years in my Bonds , I am definitely a happy man for life. Contentment is the key word

I don't need a yacht or private jet . I am not going to be a prisoner of rat race . The rat race is rigged to keep you running.

The set goal has been met , it's time to enjoy life while I can .

Best of Luck.

Jeeeez!!! For this same Nigeria oh wey them say nothing good happens!!! 96 million Naira a year, without lifting a finger!!!

Bros how you take make your money? Before anyone attacks me, I am asking because I want to make this money too!

abuhusna1:
Who say Nigeria no Good. My portfolio don increase by 39%

Young Buffet is typing….

vacanci:


why am i thinking that CBN is investigating these banks on the FOREX issues. Their unseen Q2 reports maybe shaking tables. A lot had happened in the last quarter with the bank executives being placed under watch.

More like CBN being incompetent as usual. No more Emefiele, but it is mostly the same incompetent morons running things

Nigerialabalaba:


U dis small boy go dey disrespect ur father's age mate everytime for dis nsempa.
You see how u vex dat man so tey e call u riff raff, con remind me again say u dey rude and becos of ur rudeness, he dash comot here for ur yeye and insolence.

I don tell u before say u no get home training and all dis curses u dey collect upandan ehn, no be play play o if u think say na play.


Dat boy na nonsense boy, he be a very very rude boy. No mind am. Na so e dey do. Next time, report am to mods and send email to the mods to report him specifically. Dis na small boy wey neva reach 30 years o yet e dey disrespect his father's mates here. Yeye boy e be

I don pass 30 btw, no need to reduce my age agbaya

Nigerialabalaba:


U dis small boy go dey disrespect ur father's age mate everytime for dis nsempa.
You see how u vex dat man so tey e call u riff raff, con remind me again say u dey rude and becos of ur rudeness, he dash comot here for ur yeye and insolence.

I don tell u before say u no get home training and all dis curses u dey collect upandan ehn, no be play play o if u think say na play.


Dat boy na nonsense boy, he be a very very rude boy. No mind am. Na so e dey do. Next time, report am to mods and send email to the mods to report him specifically. Dis na small boy wey neva reach 30 years o yet e dey disrespect his father's mates here. Yeye boy e be

Mumu labalaba don come to exhibit him old age as always 😂😂😂😂😂. Both you, that other guy and my papa go dey ok 😂😂😂😂😂. Agbaya people

You are a very rude person, the fact that I post personal opinions on this forum does not meant we are at the same level.
Do you know the size of my portfolio?
Do you know how much gain and loss that I had made?
For your information, fallowing in my portfolio is 3.5M units of Transcorp purchased for my children, the journey is 10M units.
I started buying Transcorp 5 years ago and my confidence remain strong and unshakable in this company.
Investment of N340000.00 in Transcorp Hotel is currently reading N3,4M in my portfolio.
Who are you to make such a stupid assertion that I would run away?
My best Investment moment is the red days in both NGX and NYSE.
I am not a kobo kobo investor.
I master the strategy and I am a master of long-term investing.
The faceless person typing this to you is comfortably having a NGX portfolio of N150M plus.
You can go to hell.
Rubbish human being that we are trying to teach the secret of success in the stock market.
Never again in your miserable life comment on my post.
This would be my last post on this thread coz of Riff raff like you.

See all the emotions and money is not even involved yet. I repeat, when jungle mature, people like you go fly fence 😂😂😂

Mankindman:

@Megawealth, it appears you are a pessimist.
Among all the successful self investors, none of them was a pessimist.
Being an optimist is the first gateway to become a successful self investor.
I can tell you the secret of Transcorp, it is the most potential risk rewarding listed company on NGX.
The harvest season is sooner than later.
If you are a patient self investor, you should do anything within your reach to have at least 2M units of Transcorp PLC at the current price.
Tony would never delist Transcorp, the worst scenario is further unbundling that would benefit patient self investors.
No matter the calamity that befall the Nigerian economy, Transcorp would never trade at sub N2.00 again.
Not now, nor in the future.
The growth is predictable, things can only get better with the current management team and Tony.
Watch out.📈📈📈📈📈📈💲🗝️ Key of Transcorp transformations as it combines growth and value.
We can write a passionate letter to Transcorp and ask them to show more love for minority investors and allow the poor to breathe.

You’ll never see any serious investor making this kind of statement lol. When calamity start now, you’ll probably be first to sell 😂.

vacanci:


Is the 300% that made you expose your number out here so fast? You could be an easy target.

I was going to say the same thing 😂😂😂😂.

Mugu must fall for guy man to wack

Jenny008:


It looks like I am going to go in at 14 NGN, can't find any offer below 14, is N14 a fair price for UCAP?

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.

unite4real:


If you are comfortable with dividend that is less than 3% from MTN, then you can go and grab your cake.

MTN’s current yield is approximately 6% and not 3%.

WatchLearn74:

Hello, Pls can anyone talk on Presco... what is holding them up?
Is this a sign of distress on them.... No result looks very scary. Pls advise 🙏🏾 🙂

Like you, I am scared! Based on my experience with Naija matters, when the story don dey long, abracadabra wan happen be that! Hope they won't come and say they want to go private because they want to eat all the largesse alone or something worse.

This company is acting shady ah! Hopefully I am wrong,

Kaysalas:

Hi, how does one get to invest in this?

All the People that listened to that guy and bought Boeing this morning already losing huge amounts.

We no see the clown when Boeing was trading for less than 200 .

like I always say, if you think for one second anyone here has your interest, you're a big joke and will lose your money here or on the streets! Remember, this is still Nigeria

ogoo4real:


So what's the best bet for MTN?

Collect your dividend in cash and reinvest it yourself if that’s what you choose to do