Agbalowomeri:


Don't worry, she is no threat! You be my number 1 (as my school principal's daughter)

If she like let her ban me again

hope you will allow Dee...... int your hareme as she is also not a threat

Bezzle:
A very Good afternoon to Everyone in the house. I would like to commend every contributor on this forum. Amazing work you are all doing. I've been following this thread since 2005 (perhaps even earlier sef not sure now) but from the days of Dexter, CP, Mercylicious, BigAss, MyJoy etc and have gathered tremendous amount of knowledge; so much that if I had to pay for I wouldn't be able to afford. Many Thanks again. God bless your generous hearts.

I have immense respect for fxuser, OGG, wanajo, oga Emma and CP - Such invaluable assets you are. Hyness and parisfran are also such commendable women.

@ DeRuggedProf pls are you Dexter? If you're not you sure do sound like him

Also pls what's your advice on FO. Bought at 57 or thereabout; selling now is just real gbese. I'm trying not to frek out but mhen!
Advice from anyone pls.
Many thanks in advance

In my own opinion, you need to sell and avoid further losses which are obviously inherent in FO, then look for a more promising one and buy with the proceeds. No quoted company on NSE is worth falling in love with and residing in more than six months. It is not marriage where it is for better for worse as long as it is not your father's company. Not even the so called bluest chips are exempted.
They can do to you what FO has just done. From my own experience, long terming in Nigeria is dangerous and could be counterproductive especially to low portfolio size owners like some of us. You can wake up one day and begin to hear stories that touch concerning your company and bailing out becomes almost impossible.

The intersting feature of the stock market is that when one door is closed, another one is open right then but just the ability to recognize it.
It is not actually difficult to recoup your losses if you sell and buy into another company which is healthy but trading below its fair value.
The stock market is like politics where there aren't permanent friend or enemy companies but permanent interest of dividends and capital appreciation. Once a company your are in no longer holds the capacity to deliver your interest you defect to another which holds out such prospect.

Many investors have been sent to their villages permanently as a consequence of this hold tight syndrome. So Beware.

soloniger:
hope you will allow Dee...... int your hareme as she is also not a threat

Mba I dash you that one

Deadlytruth:


In my own opinion, you need to sell and avoid further losses which are obviously inherent in FO, then look for a more promising one and buy with the proceeds. No quoted company on NSE is worth falling in love with and residing in more than six months. It is not marriage where it is for better for worse as long as it is not your father's company. Not even the so called bluest chips are exempted.
They can do to you what FO has just done. From my own experience, long terming in Nigeria is dangerous and could be counterproductive especially to low portfolio size owners like some of us. You can wake up one day and begin to hear stories that touch concerning your company and bailing out becomes almost impossible.

The intersting feature of the stock market is that when one door is closed, another one is open right then but just the ability to recognize it.
It is not actually difficult to recoup your losses if you sell and buy into another company which is healthy but trading below its fair value.
The stock market is like politics where there aren't permanent friend or enemy companies but permanent interest of dividends and capital appreciation. Once a company your are in no longer holds the capacity to deliver your interest you defect to another which holds out such prospect.

Many investors have been sent to their villages permanently as a consequence of this hold tight syndrome. So Beware.

are you advising people not to hold stocks for the long term

Ugosample:


are you advising people not to hold stocks for the long term

Unless you got it at 20% dividend yield

deepsuk:




Very sorry abt your loss.

But make I warn you that under no cirmumstance should u listen to these financial criminals here giving you advise to hold on.


Agen go and dump the maga Monday morning that fat elephant will go to 5 Naira soon. Comot from that.


First bank Dey dead even sterling Dey show dem pepe inside witin dem call bank wars.


Buy something else ride the Aiico scam if u like to recover d loss of fat elephant but all these yeye insurance stocks go chuk u day so better u don’t -‘d wait for D elephant to reach 5 and then enter am again.


Wetin b d current price

i never wanted to be too forward so that they will not tag me as enemy of progress here but thanks for that bold advice, if am in his shoe, will bow out at the current price and re enter later cos from the looks of things, it may go down further. i dont totally agree again with advice any one gives me on stock investment. for me, i will rather take the loss and bow out then go pitch tent with first city, first na first. sorry about that oo but am waiting for fbn at 3-5 naira bustop

Agbalowomeri:
Unless you got it at 20% dividend yield

what of dividend yield of 10-15%

most stocks in my portfolio yield some thing of that range

Ugosample:


what of dividend yield of 10-15%

most stocks in my portfolio yield some thing of that range

If you get a stock at 20% dividend yield, most likely by the time the dividend is declared price will adjust close to 10% dividend yield and that is 100% price appreciation
For 15% yield adjusting to 10% yield, that is 50% capital appreciation

Why keep any for long term sef

@Agba,

Considering that Diamond's Loss After Tax has been adjusted by additional ₦250M loass, are you still going to load at 50k?

Welcome back.

mendes911:
@Agba,

Considering that Diamond's Loss After Tax has been adjusted by additional ₦250M loass, are you still going to load at 50k?

Welcome back.

50kobo is a good junction, notwithstanding

Agbalowomeri:


If you get a stock at 20% dividend yield, most likely by the time the dividend is declared price will adjust close to 10% dividend yield and that is 100% price appreciation
For 15% yield adjusting to 10% yield, that is 50% capital appreciation

Why keep any for long term sef

I see your point



But na sentiments dey make me hold these companies tho

My investment style is kind of eccentric; D

Ugosample:

are you advising people not to hold stocks for the long term

Not for low worth portfolio owners.

Ugosample:


I see your point



But na sentiments dey make me hold these companies tho

My investment style is kind of eccentric; D

It's all about efficiency, have held Guaranty for 10 years though but it was only the bonuses that made it worth the while. Now, I wouldn't

Agbalowomeri:


It's all about efficiency, have held Guaranty for 10 years though but it was only the bonuses that made it worth the while. Now, I wouldn't

Over try worry you.

Deadlytruth:


Not for low worth portfolio owners.

nice

And in your opinion, from which portfolio value downward is considered as "low portfolio owners?"

Deadlytruth:


Not for low worth portfolio owners.

Chai bross find better phrase describe us na

Ugosample:


nice

And in your opinion, from which portfolio value downward is considered as "low portfolio owners?"

It becomes a highly subjective perception matter. Two individuals might both have, say, N5m worth portfolio size, and while one who has few responsibilities may see it as large, the one with numerous responsibilities on his shoulders may consider it as low sized.

Deadlytruth:


It becomes a highly subjective perception matter. Two individuals might both have, say, N5m worth portfolio size, and while one who has few responsibilities may see it as large, the one with numerous responsibilities on his shoulders may consider it as low sized.

5m portfolio size in this hard Nigeria is not "small"

At the same time, it's not big enough.

We have ogas trading with over 200m in theur portfolio

Awon agba

Agbalowomeri:

Chai bross find better phrase describe us na

Chai! A whole lecturer for NSEMPA?

Agbalowomeri:


Chai bross find better phrase describe us na

Why are you "joking" sir

we no get kidnappers here na

we are our oga's keeper here

Ugosample:

5m portfolio size in this hard Nigeria is not "small"
At the same time, it's not big enough.
We have ogas trading with over 200m in theur portfolio
Awon agba

From the name alone - Agba (Senior) lowo (portfolio size) .....

Deadlytruth:

From the name alone - Agba (Senior) lowo (portfolio size) .....

Make una come see Yoruba leshurer o

Agbalowomeri:

Make una come see Yoruba leshurer o

A no try?

Deadlytruth:


Chai! A whole lecturer for NSEMPA?

You sef don talk am, how many lecturers get money?

deepsuk:




Very sorry abt your loss.

But make I warn you that under no cirmumstance should u listen to these financial criminals here giving you advise to hold on.


Agen go and dump the maga Monday morning that fat elephant will go to 5 Naira soon. Comot from that.


First bank Dey dead even sterling Dey show dem pepe inside witin dem call bank wars.


Buy something else ride the Aiico scam if u like to recover d loss of fat elephant but all these yeye insurance stocks go chuk u day so better u don’t -‘d wait for D elephant to reach 5 and then enter am again.


Wetin b d current price

NO...final stop is N3.

Bonds Watch

- ''Yields on the 5yr, 7yr and 10yr benchmark bond rose by 8bps, 10bps and 7bps to close at 14.65%,15.08% and 15.13% ''
#news


- debt mkt also feeling the sell off heat , 7 yr breaking above 15%. one wud think d expected sept hike already priced in !

#random

Agbalowomeri:


Make una come see Yoruba leshurer o

Agbalowomeri literally means the one who reaps where he never sew
Lobata

Godlylifeoneart:


Agbalowomeri literally means the one who reaps where he never sew
Lobata

No be wetin we dey do for stock market be that?

Godlylifeoneart:


Agbalowomeri literally means the one who reaps where he never sew
Lobata

It means ”One that takes from those that do not have”

Gurus pls what is fcmb current eps? 20kobo or 57?

aremso:
Gurus pls what is fcmb current eps? 20kobo or 57?

Why you dey disturb gurus with this type kweshion wey Newbies like me fit ansa.
FCMB EPs as at q2 is 0.29

Agbalowomeri:


You sef don talk am, how many lecturers get money?

Tehehehehehe.....
Lecturer for NSEMPA different from lecturer for school o. If heavy portfolio owners like Mcy56 and others be your students, then why we go dey doubt the depth of your pocket? Or you don ever hear say people wey dem dey teach how to catch fish come suddenly get fish pass who dey teach them?