RabbiDoracle:


VOLTRON defender of the universe.

pluto09:


You assumed it would get to N5 in a straight line based on what ?
TA/FA/agba/onegentl postulations

Agbalowomeri:


My exit recommendation for fidelity was 2.50 (from 1.3/1.5). I have never being a fan of the stock and have never bought a single unit.

Agbalowomeri:
Una dey mind Oracle
He wan load more flourmill this week
Where flourmill get money pay dividend 2015, 2016?

Agbalowomeri:


So it is no longer 70? Have you travelled to Dubai?
Jet lag na bad thing

Agbalowomeri:
Una dey mind Oracle
He wan load more flourmill this week
Where flourmill get money pay dividend 2015, 2016?

Yayira:


It is not a 70 naira stock again oo.. na 22 naira

May God have mercy on you Rabbi.

Agbalowomeri:
Overall, know what works for you
There is no strategy I have not used

I have used Pa Emma/Pa(newone) Wanaj strategy; from my experience, it is excellent but not efficient.

I have tried to trade; I am too busy to do that and I don't think my temperament is meant for that.

My strategy is optimum for ME and my vineyard.

RabbiDoracle:


Don't you want to buy at 22?

Let's badmouth it together as they have claimed that too much noise on a stock makes it fall

RabbiDoracle:


There is always a first time. They can do it.

Even if they pay,.it will be so meaningless. Maybe 5 to 10 kobo.

They need to save up more.

Yayira:


To those who believe talks here can fall NSE, A big SORRY to all of you..

pluto09:



I am sure the head of TA in the house (fxuser) would not have bought fidelity at N4.33.
When the same stock was selling below N2 some months ago they didn't buy, they could only buy when it was already overhyped. Sure, the smart ones made cool money on it why some are only holding the can.

fxuser:


lollx im a TA learner ohh

RabbiDoracle:


Don't you want to buy at 22?

Let's badmouth it together as they have claimed that too much noise on a stock makes it fall

fxuser:


Let looks at it again for d sake of newbies

Fidelity (example)

If Avg holding cost above N4 , the position will be down about -20% (ooouch)

What shud such a person (or newbie) do ?

a - avg down ?
b - reduce position ?
c - cut losses ?
d - or do nothing ?

Agbalowomeri:


Go beg village people

fxuser:


Let looks at it again for d sake of newbies

Fidelity (example)

If Avg holding cost above N4 , the position will be down about -20% (ooouch)

What shud such a person (or newbie) do ?

a - avg down ?
b - reduce position ?
c - cut losses ?
d - or do nothing ?

wanaj0:


Oando and Conoco! I was insulted and called names then. Those were the days.

The bulls always misled people to think that stock market is a place for some quick money. There lies the problem. They easily get trapped.

You also have those that don't understand the stocks they are buying. [b]People are buying UCAP without discounting the Extra Ordinary income. [/b]Some don't account for seasonality of income. They just jump in and get injured. If you don't understand the business, all indicators you will use will be LAGGING INDICATORS. You need LEADING INDICATORS to be ahead of the pack.

Some can't even control their emotions. That to me us the first thing to deal with. Don't be an emotional investor.

In the short term, stocks fluctuate anyhow. However in the long term, the daily fluctuations will smoothen out and there will be a pattern.

School fees getting expensive.

Happy Investing.

Agbalowomeri:
Overall, know what works for you
There is no strategy I have not used

I have used Pa Emma/Pa(newone) Wanaj strategy; from my experience, it is excellent but not efficient.

I have tried to trade; I am too busy to do that and I don't think my temperament is meant for that.

My strategy is optimum for ME and my vineyard.

RabbiDoracle:


FMN will not pay dividends in their year ending this 2018. The cashflow is negative and they are needing capital. Paying will mean borrowing from the bank just to satisfy shareholders.

This may depress share price in a short term.

RabbiDoracle:


The proceeds will be used for offsetting their loans and then part used for working capital.

If they pay dividends, I will sell my holdings.

I expect the stock to drop to N22 once the result is released

Toluway:

I have come out with a proactive and efficient hypothesis to strengthen that strategy and make it the best in the world, viz:

Trade with 60% percent of you portfolio account and leave the remaining 40% standby.
Anytime there is a major bear, use the remaining 40%the to load more of the stocks in your portfolio from the support of the lowest low or thereabout.

When the market recovers, sell 40% of your open trade and keep the money for another eventual bear.
Full stop.

pluto09:


Nothing really too impressive.
Two/three months ago, I wouldn't have bought FMN. There are many options then. However, the market is a dynamic one and most other good stocks are selling close to their fair value.
Me I no get the kind of oracle patience where you hold cash for a long time and you just be hoping and praying for bear to show up.
Either bull or bear,we must make money.