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Aj8's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 10:17pm On Nov 07
chimex38:

-->When you quote the 1st previous post, you copy the entire post. Then exit the page.

-->Then go ahead and quote the 2nd previous post.

--> paste the 1st previous post(that you copied) before or after the 2nd previous post you just quoted(depending on the order you want to place them)

--->then comment a fresh-post below the two quoted previous posts.


-------------------------------------
For 3 or more posts,
You could paste the 1st previous post somewhere.

OR
Most phones and computers thesedays have clipboards for storing multiple copied items temporarily.
you can copy as much previous post as you like and search them on your clipboard to paste accordingly in your fresh post.

OR
You could open two Nairaland tabs(previous post page and fresh post page ) on the computer or your phone and copy and paste desired content from one tab to the other tab.


@chimex38 Thank you. šŸ‘Š
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 8:09am On Nov 07
Help! Please how does one quote more than one previous post in a fresh post?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 12:16am On Oct 31
Wema looks good for at least N12.00 .

1 Like 2 Shares

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 11:40pm On Oct 30
Common sense target for Betaglass in the range N70 -N106 .

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 3:55pm On Oct 28
DrAwo:

Do you realise you can be investigated, arrested or, worse, prosecuted just for admitting this openly


So true.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 2:15pm On Oct 17
austinkenneth:


I'm officially trapped in this. There must be away out.


Relax. If you were a key player and privileged to insider information, would you rather buy at 1000 or 500? Allow them to play the game. They have attempted to hide it by splitting the purchases. Hence the high volume. A 100k volume will come in at that price it will station for another 10% drop. Wait it out.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 2:52pm On Oct 16
yMcy56:

The lowest officially as at now is N772 (with 100k moved)

Quite a lot of picks @738 actually......even though it is/was still on full offer ..
We may never know what those guys could be up to sometimes...

Meanwhile, GTB is sighted @52!


Likely to dip to N695.60 tomorrow and still further by Friday. Monday will be a new game altogether. I donā€™t think the key players want it below N600. This is more like a hair that has grown bushy by the listing on NGX, so just some haircut before itā€™s allowed to grow back to Afro. There must be news known to the key players but not yet out hence their need to reposition before the big move-up or announcement. Big players donā€™t buy up but downā€¦. and they will, even if they have to force the price down.

4 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 2:14pm On Oct 16
Xidget:
I don't think it has dropped to #738 yet. Last 100kunits deal I saw was #772

Why are they buying in 80kunits tho


But the above units were at N738 from your clip. That was when it dipped 10%. If it closes at 738 again then itā€™s likely it will dip another 10%
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 12:38pm On Oct 16
yMcy56:
ARADEL as at now......
Attached.....
Plenty profit takers..,..
Seems many bought it on NASD...



Quite expected. ā€˜Smartā€™ for those that bought at NASD. Once those profit takers are done, the price will resume its climb to above N1000 probably from N597.00 . The Shell deal will be a huge catalyst. I will be buying more units on every 10% drop.
738.00āœ…
665.00
597.00

6 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:10am On Oct 09
pluto09:


https://businessday.ng/insurance/article/lasaco-assurance-set-for-n11-1bn-fresh-capital/

https://punchng.com/lasaco-assurance-completes-n11-1bn-capital-raising/



Thank you for the information. This voids my earlier recommendation.

Thank you for drawing my attention to this.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 8:47am On Oct 09
pluto09:


Have you factored in the additional 9+billions new share in calculating your EPS?
That being said,the possibility of a rally in share price is high in the short time as many may not be aware of the additional new shares.


Can I please have the link to the above information
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 8:42am On Oct 09
pluto09:


Have you factored in the additional 9+billions new share in calculating your EPS?
That being said,the possibility of a rally in share price is high in the short time as many may not be aware of the additional new shares.


Okay will cross check.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 8:12am On Oct 09
aj8:

#128: 0-8
I am going to try
8 consecutive picks with a prospect of 100% to be rolled over as below. Could last 3- 7 years or even less. Itā€™s all about the power of compounding.


I will start at step zero of N1,000,000.

Step 0 =N1,000,000
Step 1= N2,000,000
Step 3 = N4,000,000
Step 4 = N8,000,000
Step 5 = N16,000,000
Step 6 = N32,000,000
Step 7 = N64,000,000
Step 8 = N128,000,000


Purely on Common Sense Strategy.

Letā€™s see how it goes. Will post my progress here.






LASACO cleared for take off based on the strategy. Buy if you can.
1.7x2 x4 = should comfortably do 100% . Target will be 4.00 for now and reappraise as we edge up.


Due diligence still necessary should incase weā€™ve missed something important.


Thanks to @pluto09, we overlooked a capital injection of 10bill. This recommendation is no longer valid.

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:22pm On Oct 07
KarlTom:
They are buying everything up-and-down... angry


ā™ŸļøTakes just one wrong move to ruin everything. Hope they don't spread themselves too thin.

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 8:58pm On Oct 07
emmanuelewumi:
State of matter, we have gases, liquid and solid.

In the stock market we can make money out of thin air, especially if it a growth stock that doesn't have fundamentals, not profitable, operating in a high competitive sector.

If care is not taken the money made out of thin air can escape back into thin air or evaporate.

So we need to condense the gaseous money to make it liquid, by converting part of the paper profit to cash to handle emergency and other unforeseen circumstances.


If not , our case will be like the guy who turned $88,000 to $400 million within 12 years and went back to ground zero.

The next stage is to solidify the money by investing part of the paper profit into income generating assets like real estates, personal business, well managed dividend paying stocks, REIT and fixed income investments.




Solid advice, brilliantly interpreted. šŸŽµREIT on my mindā€¦REIT on my mind..šŸŽµ (in baritone ).

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 11:16pm On Oct 06
Agbalowomeri:


Sometimes hard to recover from some youthful mistakes especially money matters



Quite true. 2006-2008 years were painfully rewarding experiences some have applied to the present. Once bitten twice thrice shy. Greed is a monster. Tame it or it ruins. Always take profits. This is not a game.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 2:52pm On Sep 07
owolabi5:


Please sir, what is the COMMON SENSE ENTRY POINT for PRESTIGE ASSURANCE?

Thanks baba


For Prestige, I am waiting for 0.48 sir. The price should drop further because the company needs to meet its free float requirement.

Profit Target = 6k x4 x 4 = 96k

So if entry is about 0.48, one could see a 100% gain especially if able to pay at least 5k dividend this year.


You still have to do your due diligence though.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 10:27am On Aug 28
yMcy56:

Pardon my ignorance o.
...buy the new shares have not been added to the existing one....
Is the EPS not yet on the old OS?


If it were, wouldnā€™t it be a worse off situation?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:50am On Aug 28
@yak follow up on my last suggestionā€¦
Eterna's support based on my analysis of her volume-price dissociation is approximately 21.00. Will definitely do well based on last quarter's print. I will be picking up more should it dip to this price. If not confident sell off about half your holding when it strikes your 28. There may be a slight resistance there before it resumes the climb.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:30am On Aug 28
Omooloriredade:


Just in case someone sees Q1 EPS of N10 for a stock selling for N40 and was wondering:

Since that result was released. There has been a significant change that anyone looking to buy should consider.

There was a stock split (x5). So the N10 EPS in Q1 is more like N2.

As at Q2, EPS was N2.45k.

Disclaimer - Not a buy or sell recommendation.


Well observed.

EPS needs to double to make common sense at the current price.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:34am On Aug 22
STOjo:
"In a bull market, everybody is a Pro." Hope you have a good margin of safety?.
Ask those who have gone through that route before, They will tell you nothing is sure.
Please diversify your portfolio. Mix your greed with a little portion of fear and you will succeed. Over confidence kills.
I remember Obabo**jo (with due respect to him).


Thank you sir,

All at stake here is N1,000,000 . Thatā€™s the risk. I will not put a dime extra but just keep rolling the funds from each bus stop over to the next stock. Please donā€™t copy this strategy with your life savings. But, why not a little fun investing for those that this would amount to less than a 1% of their total portfolio. You can equally scale down to a level that doesnā€™t pinch e.g N100k to 8 step of 1.28mil. Or even 10k to itā€™s 8 step of 128k .

What it could kill sir, is the initial investment ne cā€™est pas ? All your other investments will of course continue to run.

7 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:13am On Aug 22
emmanuelewumi:



100% return on a consistent basis for 8 year?

You go wound, not when the portfolio gets to N5 million and above, then the liquidity of the stock bought

Nope sir, not same stock all the way to 128 sir., rollover stock to stock. Cash out at each bus stop and eye the next entry. The only challenge I have had in the past with this is that once itā€™s over 50mil, you may need to split into a couple with equal potential. Will always cash out sir. Same principle you have taught here over the years just with some adjustmentsā€¦..instead of waiting years, I just hit and move to another stockā€¦..honestly sometimes you could cover 3 moves in a year.

13 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 10:07pm On Aug 21
#128: 0-8
I am going to try
8 consecutive picks with a prospect of 100% to be rolled over as below. Could last 3- 7 years or even less. Itā€™s all about the power of compounding.


I will start at step zero of N1,000,000.

Step 0 =N1,000,000
Step 1= N2,000,000
Step 3 = N4,000,000
Step 4 = N8,000,000
Step 5 = N16,000,000
Step 6 = N32,000,000
Step 7 = N64,000,000
Step 8 = N128,000,000


Purely on Common Sense Strategy.

Letā€™s see how it goes. Will post my progress here.

12 Likes 2 Shares

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 8:49pm On Aug 21
crownprince2017:
Up till now, pa Emma, aj8, ogg, mcy et.al did not tell me their clear view of fidson based on their recent reports.


Sell or hold


Over priced based on eps. Common sense about N3.30 and still falling . Not the type I like to touch even with my health care background. Time to book whatever profits and let your principle run if you are in love with the stock.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 8:26pm On Aug 21
MARKETJJC:



Aj8 what is happening in RTBRISCOE? I just dey use side eyes lookam since I came down at #1.72 but it is just moving to God knows where. Is there any other thing ? angry


Not yet a stock for long term hold in my opinion , though prospects from eps informed my call. Like I said in my earlier post, out at N1.60 no matter what. Well over 100% gain is good. Please Look away my brother. It will sure come back to N1.60 once the smoke clears.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:53am On Aug 21
emmanuelewumi:



Hope you know they had a forex gain of N6 billion in H1 which will not happen in H2



So do you want him to buy at the current price or do you agree with me that he should wait for a significant drop below this current price?

What price do you consider he ought to enter? I think he can gain from your wealth of knowledge and experience.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:49am On Aug 21
ā€œGreed and fear drive the market. Just try not to take either of the two homeā€ .


Aj8

Profit is profit. No regrets.

6 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:33am On Aug 21
eziokwunwoko:
Mr aj8. Based on your Common Sense Strategy. Should I buy UAC PLC at current price?. Appreciate your response



H1 eps = 3.01
FY est = 6.00 approximately

Common Sense Value = 6 x 4 = 24

However, div of 22 kobo is rather poor so apply 75%

My Common sense adjustment on the market sentiment of dividends = 24 x 75% = 18

Market as you can see is already around this price.

So I wouldnā€™t buy at the current price based on the strategy.
Until it falls significantly below 18 to guarantee a profit by the time it climbs back to 18 or better still climbs to 24 on better market sentiments.

I will post UACā€™s chart . That may give some further insight.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 9:03am On Aug 21
emmanuelewumi:



Only possible if you know you are gambling. But most people are gambling but think they are investing.

When your N1 million turn to N2 million in 6 months, the next target is how to turn the N2 million to N4 million in another 6 months.


What you make does not matter, what matters is the consistency of what you make and what you keep

Okay. Thank you.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 10:57pm On Aug 20
yak:
Someone should advise me what to do with Eterna. I bought at #28.
Keep hope alive or sell and cut my losses?


Based on two recent insider trades, I suggest you keep hope alive. Eterna is turning positive should the current trajectory continue. I bought some at 15.50, and took some profit at 21.75 but will continue to hold. My target is 30.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 10:24pm On Aug 20
emmanuelewumi:
If you made a gain of 100% in year one and made a loss of 50% in year two, do you know that you compounded annualized return in 2 years is 0%


Not if you booked the profit or took the profit off the table to buy back when the market dropped by 50%.

Letā€™s consider two market scenarios, M1 and M2

Start @ Market M1 investment = x

Market M1 appreciation by 100% = X * 2.0 = 2x

Assuming booked profit

Booked profit = x ( taking profit/ booking profit of x off the table)

Balance still invested @ M1 = 2x -x = x

And then,

Market slumped @ M2 = 50% of x thatā€™s still invested = 0.5x

If the investor decides not to buy back, he /she ends up with x + 1/2 x = 1.5x from the initial of x

However, if he/she buys back at 0.5x with the x profit initially taken off the table, =

Previously Booked profit = x, now channeled to buy back at @ M2 but at a price 0.5x

holding units = 0.5x + 1/0.5x
= 3 times initial holding


Always sensible to take profits.

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by aj8(m): 8:51pm On Aug 17
megawealth01:
I told someone years ago that I won't buy Nestle until it's trading sub 500...

Is this price achievable? Only Mr Time will answer this


A look at the shareholders structure will speak volumes on why this is not likely to happen. Even if the eps is sub zero for years.

2 Likes

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