Xinoman:
hello every body, I have some shares I bought since 2006 from I.P.O but due to epic global recession that lead to heavy crash in share prices I lost interest in Nigeria stock exchange . I have been keeping my share certificate for years now with the hope that things will turn around but nothing has happened so please I really need your advice on what do with those certificate that l have been keeping for long. thanks...

emmanuelewumi:
I believe we are all adults in this forum, I define an adult as " someone who takes full responsibility for the consequences of his/her actions and inactions".

I also assume we are investors" real investors are highly rational people, they take calculated risks". Some of these calculated risks end up making losses, some end up making profits. The aim of an investor is to make sure that his/her profits exceed the losses on long term and consistent basis, anything short of this I will advise the supposed investors to look for another calling, venture, hobby or ask the professionals to help them out at a cost.

We all need to acquire and develop the mindset and psychology of successful investors.

jamace:
FBNH: Be greedy when others are fearful

What sayeth thou bnsitl?

Zhirinovsky:
Lol. Finance generally is filled with rogues. The first rule in this game is trust nobody and nothing.
If a whole KPMG can give the Icelandic economy AAA rating to the detriment of the public before the 2008 crash when Icelandic bankers where busy squandering investors money, if a whole Standard and Poor can give shitty mortgage backed securities AAA rating because of money to the detriment of innocent investors, if big investment banks can give innocent citizens a thousand reasons to buy shitty CDO's while they bet against those same CDO's, if an investment analyst can say one thing in public and act oppositely on his trading desk then why would you trust someone on a faceless forum?
You all that say Meristem, renaissance,afrinvest etc value a stock at so so so kobo. Do you think they didn't give you that info inorder to use it against you on their trading desk.

If you trade securities then you must learn never to trust anybody, any firm, any analyst.

davide470:
Bruv,

At the end of any investment report, there is a 3page or more disclaimer by the Analyst. Try and always read that part. Nobody has a crystal ball, we all work with numbers, so if an analyst recommend a BUY, the numbers are there to show for it..

Numbers being Public Information readily available to anyone

zendi:


So, to you, my not reading everything written here makes me lazy? Bicos you think I have infinite time to browse nsempa?
You really are very angry.
So pls if your fingers were burnt in fcmb, take it calmly and next time learn to put the caveat yourself b4 you consume a recommendation, if the recommender fails to do so.

locodemy:


i am telling you now because i will still use any way to sell mine . The pattern to use to dump stocks are confusing,afterall analysts,brokers and players are also involved in this act .pls note it now.

locodemy:
The information reaching me this afternoon from Radio Obinja 92.5 FM.
Fcmb faithfuls,sit thight and dont panic for we have a very good result for you.
Seems the bids will increase before market ends today.

locodemy:


Its me loco.
Ofcourse this is my reaction as a result of the positive news i got from a reliable source.
Not joke o.
Until we see we go believe.
pls check the demand and supply lets know where we stand.

locodemy:
My people,
I am off to my RSA my usual dwelling place to rest.I will be back to meet you guys again by sept.
Dangote flour followers,dont panic.Anyone deceiving you on it is taking position gradually to slow the price movement.Always make use of your wisdom anyday anytime.see you all again at a buying/selling time.Byeeeeeeeeeee!

locodemy:


That should be what the stock/price is suppose to do now but not for old people like us but for the newbies who focuses on rising of stock prices.
If anyone here will hear my voice,the same stock will be available at 4.00-4.30.
Lets watch and see.

jimnozi:
VACANCY VACANCY VACANCY VACANCY VACANCY VACANCY
Don't waist time again online busy doing nothing
Turn your Laptop/Phone to Money Making Machine
I mean Turning them to Your Office
BECOME A SUCCESSFUL FOREX TRADER
Its a REAL BUSHINESS THAT YOU CAN EVEN START WITH A LITTLE CAPITAL IF YOU ARE THE FEARFUL TYPE
People Say u will Loose
Yes its Through when you don't have Proper Training/Strategy
AM telling you, You can make a living from this every month
Training is free anywhere you are in the world
Give it A try and see
Trade every day and get Net Profit at the end of the month
Come Get reliable signal and strategy to SUCCESSFUL FOREX TRADING

why CAN'T YOU CONTACT ME NOW FOR MORE INFO
Contact Me 07061941772

BullBearMkt:
...@Loco, you are BIG DECEIT! You came to the forum and gave advice to members not to sell their holdings on FCMB due to a "reliable source" but you went behind to sell yours. That is terrible! You still have the gut to give lame excuses for your action by itself categorises you as untrustworthy fellow.

I am totally disappointed in you!

BullBearMkt:
...@Loco, you are A BIG DECEIT! You came to the forum and gave advice to members not to sell their holdings on FCMB due to a "reliable source" but you went behind to sell yours. That is terrible! You still have the gut to give lame excuses for your action by itself categorises you as untrustworthy fellow.

I am totally disappointed in you!

vivie01:
Like Locodemy, like stcool. The similarity is just glaring.

Applying wisdom (419) but LOW on IQ to think, understand message and talk.

I was never his fan and never bought any stock based on his recommendation.

Well, I've said my own, it's left for anyone to say or do whatever he/she likes, only dont come running to this forum asking if anyone knows someone's phyisical address in order to track him down. I rest my case!

Infinitisi:





Wooow bro. I have never seen you like this before despite many unsavoury incidents in the past. But I feel your pain sha.
What happened yesterday was distasteful and a shame to put it mildly.

Manonamission:
I am not confrontational so I get upset with myself when I do. In fact, I'd rather just read posts and make occasional comments but No, not in this case.
Everyone is quick to tackle Peterichy here but the dude is not here to mislead. My opinion is that he thinks himself to be infallible even though we have seen him fail in his predictions. Unfortunately, he doesn't admit it when he does. I'm comfortable leaving the #FFC with Peterichy than the 'Evans/Costain' gang. This thread is "Nigerian Stock Exchange Market Pick"

@EmmanuelEwumi; I still recollect your posts on the Abayomi of Stockwatch ( a man I feel has a sincerity of purpose but forgot there will always be unknowns). I liken Myjoy to Abayomi. Do you get the point?

I am sorry for all my rants. I feel so much relieved now.

#Overandout

Infinitisi:





Wooow bro. I have never seen you like this before despite many unsavoury incidents in the past. But I feel your pain sha.

What happened yesterday was distasteful and a shame to put it mildly.

stcool:


The bolded is an insult on my person but I would let it go.
Now let me make it clear that nobody comes here with the intention of deceiving anyone. Yes Sir Loco may have made a mistake by being too confident, but we are all human. Going all out for his head is not the best way to go.
Are you saying nobody has benefited from some of his stock picks? What if FCMB result actually came out fantastic and hit N2 would you acknowledge his advice.

Oga Emmanuel has also said it, if you don't want to lose money then invest in mutual funds, treasury bills, fixed deposit etc.
I do most forms of investment like stock market, treasury bills and I trade forex.
Till date I have not recovered from all my loss in forex due to advice and following experts/alerts, but do I go about blaming the person that gave the advice. No

One thing is sure, in the investment world even warren buffet can advice you that he has invested inside a company after taking position, but won't tell you when he exits(or reduce position). News may come out months later after they have exited.

Losses are good, they only make you a better investor. We would only make people contribute less here. Every discussion here good or bad, you need to make a profitable entry position.

N/B -
Go through the prospectus of most of the companies we bought their IPO/Right Issues in 2008 with projections that they would pay X amount of dividend. Some of them till date not a dime, some have even been delisted. That is the investment world.

You can only come for Sir Loco's head if he asked you to give him your money to manage, he did not do that. So let it go.

fxuser:


some more pull back still expected !

emmanuelewumi:
In another news I learnt stock brokers/ portfolio mangers are not happy, with the way retail investors are directly investing in the market. They wanted retail investors to invest in their mutual funds. I know SEC can never approve it.

fxuser:
Before we forget

RedStar
Dividend 40k
closure: 2 Aug


FlourMills
Div : N1.00
Closure: 7 Aug - 11 Aug

Dang Sugar
interim Div: 50kobo
Closure: 14 Aug

Custodian
Interim Div 10kobo
Closure: 21 - 25 Aug

stcool:


Dang Sugar would make sense long term, considering their Q2. + Dividend. I was not aware their qualification date still open.