Health3:
Team Tantalizer at fuller bid today

33 million bids

You dey WYNE?

^[/sup][sup]FIDELITYBK
Those roadblocks @15....
Once it's trying to overcome the barrier, some offers surfaced at that junction again.....
Could it be deliberate or just normal?
Think a strong catalyst is needed to push it across....

yMcy56:
FIDELITYBK
Those roadblocks @15....
Once it's trying to overcome the barrier, some offers surfaced at that junction again.....
Could it be deliberate or just normal?
Think A strong catalyst is needed to push it across....

They go soon tire and my ANAMBRA project go begin cruise

ositadima1:


Market Wizards series .

Hello Chief, Please do you have soft copy of attached which you can oblige?

ositadima1:


I’ve already made my stance clear in my previous posts—feel free to check them. Someone here attempted to redefine the concept of the present value of future cash flows, claiming it to be the "Buffett way." However, they couldn’t provide any credible references to support their assertions. Even if Buffett used such shortcuts, it would still be incorrect and no different from gambling—it might work or it might not.

I also highlighted the significant devaluation of our naira and mentioned that selling at a loss is sometimes acceptable. It’s better to free up your capital for more productive opportunities than to tie it down unnecessarily.

Plus, I predicted the current surge in revenues that many companies are reporting. It’s not surprising—when the cost of goods rises, so does revenue. I’ve made several other points, though I may not recall all of them now.

So, what exactly is your question?

OK your present post is still regards to your argument sometimes ago.I really thought it is to educate the new breed of investors on how to do it differently now since time and season has changed compared to many yrs of Buffett earlier era.i was asking to see if I could pick one or more ways I could apply to achieve better results in our present time ans season.I hope you understand my question. I was looking out for new knowledge I could apply now as an investor

megawealth01:


They go soon tire and my ANAMBRA project go begin cruise

Hmmm!
''Anambra Project''.....that is billions talking.
If you now, you know

KarlTom:
Actually FMN would have remained as it was IF NOT for the buyout...

You get time.i company price is going north because of delisting price .And someone is praising the company and claiming he successfully in that call.why is the company delisting with all the great subsidiries. I company that worth atleast #200 is paying you #86.Truely some are here for chop money.what is the value of NNFM alone.What would have happened if the company was not delisting. Nothing way I no go read here because you no agree say person sabi this business pass you instead to calm and learn from him.You go heal last last

crownprince2017:
We invest for different reasons. One of your sheep, street badmouthed flourmill this same year but look at the reality now..

When he badmouthed it, can we say fmn was a bad investment?

I know many of us know what we are doing in this market and it sounds somehow to us seeing someone displaying ignorance in the name of knowledge here...we would never take it.

That someone said a company is not living up to its potential doesn't mean badmouthing in my own understanding.
FMN performance has been underwhelming for a number of years and that is a fact going by the figures the present rally in share price notwithstanding.
And I don't think he has ever said it is only fundamental or good number that makes stock price to go up.
Any stock can rally in price for a number of reasons but that doesn't mean people should not air their opinions about a company that is not showing good performance in its books when they see one.

WAPCO . What is causing the renewed interest, I've been loading it last few weeks as I felt it was undervalued, is this just because of the good results

Keep loading

Sunrisepebble:
WAPCO . What is causing the renewed interest, I've been loading it last few weeks as I felt it was undervalued, is this just because of the good results

Sunrisepebble:
WAPCO . What is causing the renewed interest, I've been loading it last few weeks as I felt it was undervalued, is this just because of the good results

The company stand to hammer because of debt freedom and plenty new innovations in it cement brand.

Wapco should end the say on full bid

Zegra:


THE INITIATES PLC
Full offer

TIP still on Full Offer

Their water proof cement I saw. Its Cardinal stone that drew my attention to them in October, I started buying it at 36.20 after seeing their report

Streetinvestor2:
The company stand to hammer because of debt freedom and plenty new innovations in it cement brand.

Ginalex:
Thank you. @Pa Emmanuelewumi thanks for your call on Wapco. Keyed it few weeks ago at 37.80... na just say enough capital no dey. Regardless, a win is a win🤗🤗

You should have asked Cardinal Stone for urgent N5 million, your request would have been granted within 24 hours

Sunrisepebble:
Their water proof cement I saw. Its Cardinal stone that drew my attention to them in October, I started buying it at 36.20 after seeing their report

They will soon launch pop cement which has remained imported products too in naija

Maybe Wapco for be the stock wey go deliver my 100% for the 1 million challenge. Who knows?

E-Payment Notification: McNichols Consolidated Plc Dividend Payment 12

I just got this alert... Who you?

Locotrader:


Sunu on the rise to pave way for consolidated Hallmark.

I think buying cornerstone is not bad because these 2 stocks I mentioned are not suppose to go ahead of cornerstone.

Prestige is already a sure bet for kobo lovers.

Aiico is another one to watch out.

Mansard,Nem,custodian na oga Boss.They are inevitable stocks.

Sunu Assurance no longer on Full Bid...

robobo:


Hello Chief, Please do you have soft copy of attached which you can oblige?

Let me suggest something even better: why not check out Z-Library? You can either use their web portal or download their app, which works seamlessly. There, you'll find an immense collection of books in various formats like PDF, EPUB, and MOBI. Once you have the books, get a reliable eBook reader from your app store of choice to enjoy them.

Sharing the book directly would infringe on the author’s rights. By the way, I often share valuable resources here for free. For instance, I was the first to introduce the Yochaa app back in 2020, long before it gained popularity. I’ve been using it through all its updates and iterations. Ok nah...

emmanuelewumi:



You should have asked Cardinal Stone for urgent N5 million, your request would have been granted within 24 hours

I had it actually. But I'm not expecting that large amount of inflow anytime soon to be able to pay down, so I decided not to use my margin for it...

yMcy56:
FLOURMILL
Resolution passed at the Court Ordered Meeting and AGM.....
N86.00 Buyout Price

https://doclib.ngxgroup.com/Financial_NewsDocs/42625_FLOUR_MILLS_OF_NIGERIA_PLC-RESOLUTIONS_PASSED_AT_FMN'S_2024_COURT_ORDERED_MEETING_CORPORATE_ACTIONS_NOVEMBER_2024.pdf

https://thesun.ng/flour-mills-raises-minority-buyout-offer-to-n86-per-share-secures-shareholders-approval/

Mega, na you come quote me o, me I don modify am....😁

I sold my Flour Mills shares on Friday at N78.65k, proceeds will be used to buy Zenith Bank

crownprince2017:


Can we say it was a bad investment that time is my question?

This is a case of the End justifies the means.

Flourmill is a good business anyday any time
-consistent dividend.
-You are equally also almost guaranteed return of your capital due to usually non-volatile nature within a time frame.

But return on your investment, mmmm... I doubt(unless less than 10% dividend yield suits you or invest by yr end 2025)

Without the buyout clause that caused the rally..
Did you forsee Flourmill giving you up-to 9% dividend yield or Bonus issue, or approaching this selling price of ₦60 by year end not to mention it's current price of ₦80, no matter its impressive revenue?


Aside the current bull run which is inorganic/setimental)
Flourmill Average price since February 2022 is between 32-33.

It's dividend yield (2023 & 2024 Average price) are both less than 10%.

The buyout price as KarlTom stated is the reason for it's bull run on Selling price so far.
I doubt it would have crossed 50 this year organically.


Point is, I don't think it was the right example to drive your initial point.

I remember pushing FCMB's price down with just 300k in 2020 and announcing it here when I was still a Learner—with a capital "L." Everyone was furious, throwing attacks left and right. The only one who defended me back then was Mcy56. She thought I was the quiet type—lol.

Thanks, was looking for strictly successful stock traders

ositadima1:


Yes, I have them here. Do you have any other questions?

1. Paul Tudor Jones
Specialty: Macro trading
Notable Achievement: Successfully predicted and profited from the 1987 stock market crash (Black Monday) by using futures to hedge against market downturns.
Net Worth: Estimated at $7 billion (2024).

2. George Soros
Specialty: Global macro trading
Notable Achievement: Made $1 billion in a single day by shorting the British pound in 1992 (known as "Black Wednesday".
Net Worth: Estimated at $8.6 billion after substantial philanthropy.

3. Steven A. Cohen
Specialty: Stock trading, hedge fund management
Notable Achievement: Known for his high-frequency trading and ability to capitalize on short-term market inefficiencies through SAC Capital Advisors.
Net Worth: Estimated at $17 billion (2024).

4. Jim Simons
Specialty: Quantitative trading
Notable Achievement: Founder of Renaissance Technologies, which uses mathematical models to generate extraordinary returns through algorithmic trading. His Medallion Fund is legendary for its consistent high returns.
Net Worth: Estimated at $29 billion (2024).

5. Bruce Kovner
Specialty: Commodities and currency trading
Notable Achievement: Turned $3,000 into $45,000 trading soybean futures and later became one of the most successful traders through his hedge fund, Caxton Associates.
Net Worth: Estimated at $6.6 billion.

6. Richard Dennis
Specialty: Futures trading
Notable Achievement: Co-developed the "Turtle Trading" system and reportedly turned $1,600 into $200 million in about a decade through commodities trading.

7. Carl Icahn (as a hybrid example)
Specialty: Activist trading
Notable Achievement: While he is often considered an investor, Icahn's activist trading style, which involves taking significant positions to influence company policies for quick gains, differentiates him from pure investors like Buffett.
Net Worth: Estimated at $23 billion (2024).

8. David Tepper
Specialty: Distressed debt trading
Notable Achievement: Founder of Appaloosa Management, known for profiting massively during the financial crisis by buying distressed financial stocks.
Net Worth: Estimated at $20 billion (2024).

KarlTom:
Actually FMN would have remained as it was IF NOT for the buyout...

It is a N150 to N180 stock, but management in their wisdom is okay with the abysmal performance and profitability of the business

I have been a shareholder since it was N10

emmanuelewumi:



I sold my Flour Mills shares on Friday at N78.65k, proceeds will be used to buy Zenith Bank

You still had it all this time.I got tired and sold at #30 plus.I was tired of complaining of inefficiency on the part of management after making trillion every Yr and NNFM a sub doing better. No wahala I moved the fund early to uba at below #10 too

ositadima1:


Let me suggest something even better: why not check out Z-Library? You can either use their web portal or download their app, which works seamlessly. There, you'll find an immense collection of books in various formats like PDF, EPUB, and MOBI. Once you have the books, get a reliable eBook reader from your app store of choice to enjoy them.

Sharing the book directly would infringe on the author’s rights. By the way, I often share valuable resources here for free. For instance, I was the first to introduce the Yochaa app back in 2020, long before it gained popularity. I’ve been using it through all its updates and iterations. Ok nah...

Appreciated. Noted.

Streetinvestor2:
You still had it all this time.I got tired and sold at #30 plus.I was tired of complaining of inefficiency on the part of management after making trillion every Yr and NNFM a sub doing better. No wahala I moved the fund early to uba at below #10 too

I sold half at N35 to buy Presco, sold the other half last week Friday

So unfortunate they have not been able to convert their huge revenue to substantial profit

yMcy56:
FIDELITYBK
Those roadblocks @15....
Once it's trying to overcome the barrier, some offers surfaced at that junction again.....
Could it be deliberate or just normal?
Think A strong catalyst is needed to push it across....

Overhead supply ni
Until that person is done selling,una go nowhere

Streetinvestor2:
You get time.i company price is going north because of delisting price .And someone is praising the company and claiming he successfully in that call.why is the company delisting with all the great subsidiries. I company that worth atleast #200 is paying you #86.Truely some are here for chop money.what is the value of NNFM alone.What would have happened if the company was not delisting. Nothing way I no go read here because you no agree say person sabi this business pass you instead to calm and learn from him.You go heal last last

It's so unfortunate that someone cannot read between the lines and comprehend, I invested in a company early this year and in less than 7 months I have over 100 returns not the buy out price oooo, and someone said it's for chop chop money, I will be interested in your positions that have delivered the same return in the same time frame this year.


The same way I couldn't see the delisting coming is the same you cant say a company will not do well but opt to come here badmouthed them with insufficient evidence.

Kereokwu:
Thanks, was looking for strictly successful stock traders

Did Buffett make his money strictly from stock investing? Or are you just shifting goalposts? Or perhaps it’s a case of ignorance?

Let me clarify: Buffett did bonds, stocks, acquired companies through direct deals, and engaged in many other ventures. If your Buffett diversified his strategies, why would you expect traders to focus solely on stocks?

By the way, many of the individuals on that list primarily traded stocks. It’s up to you to do your research.