angelo82:


I sold my after dividend was declared at 21% profit and I re-entered after and I bought some more...............My FBNH is down 10% as at now which is ok for me but I am still going to buy some more as the price continue to shed..................Everytime that I look at my FO,I just smile.............FO is a good stock.............

my dear, FO is one of the best around here i tell you, my only regret was that when FO was about 10 naira, i said this coy is dead given my inexperience then, had i invested like 1m then, by now, i will be dancing Jeremy Camp. But all is well..........my question is at about 220 naira, is FO a sell cos all this bear and its grandpa might just drag it down, and i think if its drags it down and i sell at 220naira, i might just accumulate more of FO....advice needed please and when is FO year end...............my oga and madam, i beg make una speak plz.
thank you

[quote author=9free post=37123495]
Biko, where una dey get money to dey pump for NSE everyday?
Abeg make una show us dey way o. Na brothers and sisters we be for here.
Madam mercy, Diamond bank still dey give soft loan without collateral?[/quo

Don't forget Europe was bullish for some time and 15yrs is no joke..................May God bless us all..............

Agbalowomeri:
WORD

If u'r entering the market now, do not be dismayed. In 2011, I bought UBA at 2.88 with my whole portfolio. UBA further dipped to 1.60 thereabouts. My heart nearly sank but I was somehow confident that at least it is likely I get 20% return on dividends. 18 months down the line I sold the UBA above 9. That is the return u will get soon if u can wait for 18 months. Could be less or a little more. What we are seeing now is very artificial! Commodities and stocks cannot be nose-diving at the same time. Their charts are normally opposite.

Sense.............

ogadeolu:


my dear, FO is one of the best around here i tell you, my only regret was that when FO was about 10 naira, i said this coy is dead given my inexperience then, had i invested like 1m then, by now, i will be dancing Jeremy Camp. But all is well..........my question is at about 220 naira, is FO a sell cos all this bear and its grandpa might just drag it down, and i think if its drags it down and i sell at 220naira, i might just accumulate more of FO....advice needed please and when is FO year end...............my oga and madam, i beg make una speak plz.
thank you

My FO is 32% up and I am not willing to sell..................So if you happen to see anyone dumping quickly buy because I still believe the stock is going the way of Seplat.....................

Myjoy08. Good to hear you are on holiday. As for me its buying time....buy till I can buy no more....

Been waiting for time like this...now it has come and need to make the most of it. .

The higher the exchange rate for pounds...the more the market crashes ... the more I buy. .

What most investors dont knw is that the market will still continue to go down, while those who have hot blood will continue to average down and manage their loses, but the calm, cool and collected investors will wait for the falling knife to hit the ground and a good sign of reversal, they will plung into the market and ride the bull back up, wait till when FBNH is about 5naira, Access about 2.5, UBA about 2.0, Oando about 7naira, then u will knw what is up......my advice is that set your stop loss if you are not for long term as in if u are a JIJO master and when it is hit, dash out and run like ur tail is on fire, if u are for long term, keep smiling and wait a bit further to jump on some juicy stocks and then ride the bull up.

Invest wisely, life is money.........

Born2berich:
I have warned severally that you shouldn't trust proshare...they are the perfect monkey hunters. While uncle wale is the perfect scammer.

i tell you oga born

angelo82:


My FO is 32% up and I am not willing to sell..................So if you happen to see anyone dumping quickly buy because I still believe the stock is going the way of Seplat.....................

my FO is about 270% up nw

9free:

Biko, where una dey get money to dey pump for NSE everyday?
Abeg make una show us dey way o. Na brothers and sisters we be for here.
Madam mercy, Diamond bank still dey give soft loan without collateral?

Did somebody just mention Diamond Bank
I just saw Diamond Bank traded at a low of 2.91 today and closed at 3.00 NGN.
But to me "E never fall reach"
Imagine management that was lucky to raise fund at 5.80 NGN and paid a stingy dividend of 10 kobo when even NPF Microfinance bank and other sub 2.00 NGN stocks paid much more. The stinginess of the management is something else.
Oga market please abeg you flog Diamond well well so that management will seat up and realise that you Mr. Market have a long memory and reward stocks treating shareholders.

Caveat: I have some Diamond in my portfolio.

ogadeolu:
What most investors dont knw is that the market will still continue to go down, while those who have hot blood will continue to average down and manage their loses, but the calm, cool and collected investors will wait for the falling knife to hit the ground and a good sign of reversal, they will plung into the market and ride the bull back up, wait till when FBNH is about 5naira, Access about 2.5, UBA about 2.0, Oando about 7naira, then u will knw what is up......my advice is that set your stop loss is you are not for long term as in if u are a JIJO master and when it is hit, dash out and run like ur tail is on fire, if u are for long term, keep smiling and wait a bit further to jump on some juicy stocks and then ride the bull up.

Invest wisely, life is money.........

Maybe or maybe not thats the reality of stock market.............

angelo82:


This one is different..........Most newspapers yesterday and today praised ACCESS bank because of the right issue that they completed..........I think is wrong to exit,you entered at a less risky price...........Why worry yourself?.............

and from 4.20 yesterday today access is 4.07 after all the praise naso my money for go down too abi thank you oando teach me lesson

Tjohn1:

You just jumped in yesterday..........you're out already? na wa for you ohh

atleast i made small profit before the thing crash today again nawa abi

ogadeolu:
What most investors dont knw is that the market will still continue to go down, while those who have hot blood will continue to average down and manage their loses, but the calm, cool and collected investors will wait for the falling knife to hit the ground and a good sign of reversal, they will plung into the market and ride the bull back up, wait till when FBNH is about 5naira, Access about 2.5, UBA about 2.0, Oando about 7naira, then u will knw what is up......my advice is that set your stop loss if you are not for long term as in if u are a JIJO master and when it is hit, dash out and run like ur tail is on fire, if u are for long term, keep smiling and wait a bit further to jump on some juicy stocks and then ride the bull up.

Invest wisely, life is money.........

Thanks for the above advice..

Michael11stock:
and from 4.20 yesterday today access is 4.07 after all the praise naso my money for go down too abi thank you oando teach me lesson

.........Is your decision,I just give little insight.............I can't put my money on a flip flop stock like Oando even though I still believe that when market settles,stocks like Oando always make traders very rich and even at that I don't have any interest.................

Michael11stock:
and from 4.20 yesterday today access is 4.07 after all the praise naso my money for go down too abi thank you oando teach me lesson

ogadeolu:
What most investors dont knw is that the market will still continue to go down, while those who have hot blood will continue to average down and manage their loses, but the calm, cool and collected investors will wait for the falling knife to hit the ground and a good sign of reversal, they will plung into the market and ride the bull back up, wait till when FBNH is about 5naira, Access about 2.5, UBA about 2.0, Oando about 7naira, then u will knw what is up......my advice is that set your stop loss if you are not for long term as in if u are a JIJO master and when it is hit, dash out and run like ur tail is on fire, if u are for long term, keep smiling and wait a bit further to jump on some juicy stocks and then ride the bull up.

Invest wisely, life is money.........

@ogadeolu
I think you have a point!
We learn everday.
This market has now become somehow. Just when you think you have got a deal on a stock it goes southwards the more. There is no doubt that many stocks are "cheap" and testing or have tested their 3 to 5 years' lows.
But the mood in the market is not enthusiastic. I have tried to ask myself what could be happening to the market.
My hunch is that part of what we are seeing in the market is due mainly to uncertainty in the absence of clear cut government pronouncements to guide the market. Secondly, foreign investors seem to be exiting the market and betting on naira devaluation to trend oil prices (Note that the Saudi Riyal, Russian Rouble are doing so). My hunch tells me the administration is not going to go that way soon. Thirdly, folks are hoping on announcement of ministers to help the market head north. The government seem to suggest this might happen by September but I have my reservations. I think it may happen by October, but then momentum is lost. Last and very importantly, if the government really start walking the talk on anti-corruption, it is likely that folks caught in the web with massive stock positions will begin to offload to save their ass.
In summary I think the bears are here with us for sometime! Winter is here with us!!
This season favours long timers with 3 to 5 years horizon
I pity the entities that have planned to raise equity, it is a management's nightmare with such valuations.

FannySwindler:
Myjoy08. Good to hear you are on holiday. As for me its buying time....buy till I can buy no more....

Been waiting for time like this...now it has come and need to make the most of it. .

The higher the exchange rate for pounds...the more the market crashes ... the more I buy. .

Sir, I guess u and Sir Peterichy should plz pity us naah with all these your higher exchange rate. One day, God will surely favor us and smile at us as well. We too want to join foreign money caliber. Anyway, as man thinketh in his heart,....! Back to my vacation mode! Nothing like taking life easy...

passwelle:

Some folks dont believe in using stop losses. You Sir sound like one. The 60% loss in your portfolio would have taken at least 6 trading days to incur, and will take more than that to recover. A stoploss of c. 15% would have saved you from this predicament.

Nice tip.

My JIJO brothers and sisters sabi this wella. Not dulling, JO and JI later.


Mercilicious comes to mind.

The market and its counterparts abroad are going through the Shemitah year(7yrs low after 7yrs high "Pharoah's dream"), the Shemitah is ending September 23rd and then we begin a new cycle of prosperity.

Get the good deals now and prepare for the rebound on the long run!

Peace, BNSITL

Evans medical has now fallen to 0.73. donofdons do you still fall by your previous analysis predictions?

now i seee why another nlanders were skeptical on your predictions without giving solid information. This stock gained for three days I was about to gamble and buy evans, something told me to just be patient now the price has fallen consecutively since last week.

this stock market shouldnt be an emotional thing but should only be done with proper analysis and wisdom.

FBNH going below 6 NGN.

Oando



Opportunity everywhere.

Youngzedd:
FBNH going below 6 NGN.

Oando



Opportunity everywhere.

FBNH reached 5.77 last year....................I believe it will touch the same low this year or lower if their bonus hit the market..............From UBA,ACCESS and FBNH,I think FBNH will recover very fast................I think people should worry much because its the usual trend but if they start to approach 1.something then there is crisis..................For now just try to get cash and buy so that you can position yourself to sell higher to foreign investors...............Same cycle same s..h..i..t..

Things are getting better. My loss has reduced to 12%

angelo82:


.........Is your decision,I just give little insight.............I can't put my money on a flip flop stock like Oando even though I still believe that when market settles,stocks like Oando always make traders very rich and even at that I don't have any interest.................

You're right. When Oando will recover, millionaires and billionaires will be made.

Yem0350:
Things are getting better. My loss haps reduced to 12%

U averaged n start clapping u better go into hiding because d bear is angry!!!

Michael11stock:
and from 4.20 yesterday today access is 4.07 after all the praise naso my money for go down too abi thank you oando teach me lesson

Brother, u r funny...
Price goes down once does nt mean it would nt go up again
Why the panic

N93 Billion Wiped Off Oando Market Value As Price Drops To Lowest In One Year.

Most of the capital impormation into Nigeria in the second quarter was for equity investment by portfolio investors............I am sure that things will change soon...............

http://www.proshareng.com/news/Nigeria%20Economy/Capital-Importation-to-Nigeria-drops-Marginally-by-0.20%20Percent-in-Q2-15-Proshare/28314

Youngzedd:



Nice tip.

My JIJO brothers and sisters sabi this wella. Not dulling, JO and JI later.


Mercilicious comes to mind.

My dear, JiJo is sweet when there are MKT makers in the MKT.
Now, MKT makers don' suffer loss sotey dem tear race.

Na only vitafoam mm dey MKT, BT they HV upgraded their game.u can't even sell at their price.
They use cross deals.

Wahala dey 4 dis world oooo.

Ucheson is he at home?

Saibuhari sighted.
Bros I hail oooo.

mercylicious:


My dear, JiJo is sweet when there are MKT makers in the MKT.
Now, MKT makers don' suffer loss sotey dem tear race.

Na only vitafoam mm dey MKT, BT they HV upgraded their game.u can't even sell at their price.
They use cross deals.

Wahala dey 4 dis world oooo.

This bear don make u funny well.............That tear race made me laugh...............It will be a loss to market make any stock right now........There is confusion everywhere....................