currentprice:

holm:

bigass:



carry your over religiousness away from HERE!!!!

Landlady , don't let madam @deepsuk hear your voice. Better ask @tritri and others

Report Unveils Top Five Business Risks for West Africa
https://www.businesspost.ng/2017/12/18/report-unveils-top-five-business-risks-west-africa/

Again, CBN Re-Introduces Charges on Cash Deposits, Withdrawals
https://www.businesspost.ng/2017/12/18/cbn-re-introduces-charges-cash-deposits-withdrawals/

Fibo Retracement levels for Fidelity. Next is 2.19 My friends r waiting for it at 2.08. Looking at it objectively, it's going to trade sideways till January next year. If you r waiting for it at 2.08 LIKE my friends, OYO is your case.

Money has been made in 2017, more in 2018.

https://invst.ly/64bew

holm:


My Oga from the other side. Japaul is too expensive at 1k. It should be sold Free of Charge at this yuletide period.

RabbiDoracle:


I think Fidelity will almost hit N4

DS is going wild N25 is around the corner...after that N40. I wish I entered early in this stock. Foot dragging no good ooo.

U no even talk N3 u de talk N4
U should know DAT this stock drags its foot a lot na

Dangote vs Bua

"....... and scheme a viable competitor out of business as has been their legendary antecedent."

Dangote's allegations

http://persecondnews.com/2017/12/bua-stole-limestone/

Some mudslinging going on here mehn!

Grabs popcorn

Hello BnSTIL,
A friend sent me this message this morning asking for my advice.
"My father bought 800,000 unit of Wema bank share at 10 Naira (public offer) years back. He is not the monitoring type and he didnt tell me . Now he wasnt able to monitor it till the price goes down to 0.5 kobo and the bad thing is that since he bought it , Wema bank hasnt give dividend. what should he do"

I really feel for his dad....8 Million Naira turned 400,000 Naira and the 400 000 Naira is still uncertain as no one is even ready to buy, Wema ke

Jejebaba:
Hello BnSTIL,
A friend sent me this message this morning asking for my advice.
"My father bought 800,000 unit of Wema bank share at 10 Naira (public offer) years back. He is not the monitoring type and he didnt tell me . Now he wasnt able to monitor it till the price goes down to 0.5 kobo and the bad thing is that since he bought it , Wema bank hasnt give dividend. what should he do"

Jejebaba:
Hello BnSTIL,
A friend sent me this message this morning asking for my advice.
"My father bought 800,000 unit of Wema bank share at 10 Naira (public offer) years back. He is not the monitoring type and he didnt tell me . Now he wasnt able to monitor it till the price goes down to 0.5 kobo and the bad thing is that since he bought it , Wema bank hasnt give dividend. what should he do"

He should forget about it. Consider it lost investment. Will what is left of it to his son.

Never invest in a business you have no time for.
Never invest in a business you do not understand.
Never dwell on past losses (Learn and move on).

NASD Suspends, Fines Pivot Capital Ltd, Two Others
https://www.businesspost.ng/2017/12/18/nasd-suspends-fines-pivot-capital-ltd-two-others/

Jejebaba:
Hello BnSTIL,
A friend sent me this message this morning asking for my advice.
"My father bought 800,000 unit of Wema bank share at 10 Naira (public offer) years back. He is not the monitoring type and he didnt tell me . Now he wasnt able to monitor it till the price goes down to 0.5 kobo and the bad thing is that since he bought it , Wema bank hasnt give dividend. what should he do"

My fear is the 1k rule taking effect in january 2018, if not, there is no need to take any action for now, except he is in dire need of money.

stcool:


I don't want to drag price with Oga's here. The stock is an open secret, you just need to greedy when others are fearful.

PETERiCHY:


The FRENCH GUYS has finally succeeded in HIJACKING their company LAFARGE. So the journey to 1EURO starts now...

*ThE OcToPuS*

Who revealed this to you...

Manonamission:


He should forget about it. Consider it lost investment. Will what is left of it to his son.

Never invest in a business you have no time for.
Never invest in a business you do not understand.
Never dwell on past losses (Learn and move on).

Thanks for your advice, well appreciated.

kolaish:
My fear is the 1k rule taking effect in january 2018, if not, there is no need to take any action for now, except he is in dire need of money.

Thanks for the advice, well appreciated. Do you think Wema can escape the 1k rule, if yes, i will advise his father to leave the stock alone may be someone will remember it sometime like Dangflour but if no, i will advise his father to sell before 400k turns to 8k naira.

Jejebaba:
Hello BnSTIL,
A friend sent me this message this morning asking for my advice.
"My father bought 800,000 unit of Wema bank share at 10 Naira (public offer) years back. He is not the monitoring type and he didnt tell me . Now he wasnt able to monitor it till the price goes down to 0.5 kobo and the bad thing is that since he bought it , Wema bank hasnt give dividend. what should he do"

Currentprice, what is the fair price of Wema bank please based on their Q3.

so this is ur stock?

stcool:




Who revealed this to you...

chunkuli:
so this is ur stock?

Winning stock 3-6 months the returns would be mad. What is the stock worth now & after a successful rights, question is how much would the stock be worth

A TOTAL OF 549,975,063 UNITS OF DANGOTE CEMENT PLC SHARES WERE DONE AS AN OFF-MARKET TRADE TODAY, 18TH OF DECEMBER, 2017 AT N225.68 IN A SINGLE DEAL. IT WAS A NEGOTIATED DEAL BETWEEN MERISTEM STOCKBROKERS LTD (SELLER) AND CSL STOCKBROKERS LTD (BUYER).

Who is watching FBN?

Revibe:
Who is watching FBN?

Market Maker has been playing that game since last week.

Jejebaba:


Thanks for the advice, well appreciated. Do you think Wema can escape the 1k rule, if yes, i will advise his father to leave the stock alone may be someone will remember it sometime like Dangflour but if no, i will advise his father to sell before 400k turns to 8k naira.

I'll advice he sells. WEMA needs an impressive result to start assuming what happened to DangFlour will visit it. The 1k rule will take effect in Jan while the next corporate release is in April.

The 1K rule will impact it before any Corporate result determines it's fate, going forward.

Jejebaba:


Thanks for the advice, well appreciated. Do you think Wema can escape the 1k rule, if yes, i will advise his father to leave the stock alone may be someone will remember it sometime like Dangflour but if no, i will advise his father to sell before 400k turns to 8k naira.

If I am in his shoes, I will rather hold on and see the end. (I repeat that unless the man is in dire need of money)

Jejebaba:


Currentprice, what is the fair price of Wema bank please based on their Q3.

even if the man is not in need of money now,,,it better if he can sell at currentprice of 50k ^premium and put the 400k on other stock that have the probabilities of capital gain the 400k can still turn to 800k if he do his home work very well

as for the Fairprice in my own opinion based on Q3 WEMA fairprice is 35k

kolaish:
If I am in his shoes, I will rather hold on and see the end. (I repeat that unless the man is in dire need of money)

He has not lost until he sells. I agree with you. Some more patience can make a difference, positive difference that can mitigate the loss. Sad though. That is why it is good to follow the market bumper to bumper. If I don't have the time, then I do not consider my investment worth it in the first place.

currentprice:


even if the man is not in need of money now,,,it better if he can sell at currentprice of 50k ^premium and put the 800k on other stock that have the probabilities of capital gain the 400k can still turn to 800k if he do his home work very well

as for the Fairprice in my own opinion based on Q3 WEMA fairprice is 35k

The best option is to move on. If you still love the market, then do the home work. If not invest in some other things. You can't keep on waiting on such a painful experience. Look at that useless unity tooo

kolaish:
If I am in his shoes, I will rather hold on and see the end. (I repeat that unless the man is in dire need of money)

You want him to watch and see the end of it, while his real cash is at stake? If he sells today, he'll still see the end. There is no need to watch further erosion of capital

Investnow2017:



He has not lost until he sells. I agree with you. Some more patience can make a difference, positive difference that can mitigate the loss. Sad though. That is why it is good to follow the market bumper to bumper. If I don't have the time, then I do not consider my investment worth it in the first place.

It depends on the stock in your portfolio. Japaul and it's likes/siblings don't justify this claim. Opportunity cost comes to mind here.

currentprice:


even if the man is not in need of money now,,,it better if he can sell at currentprice of 50k ^premium and put the 400k on other stock that have the probabilities of capital gain the 400k can still turn to 800k if he do his home work very well

as for the Fairprice in my own opinion based on Q3 WEMA fairprice is 35k

Thanks CP.

Bearish thread
Home alone