Lately, I have been seeing a lot of new monikers on the forum. My candid advice:

1. Learn to enter a stock at the right time and Learn to take profits from the market when the opportunity presents itself. Don’t be carried away by any unhealthy bull that may not last, if not, you will watch and see your stock come down again to the original price you bought it, if not lower. People will tell you to buy, but NOBODY will tell you when to exit. Some people bought WAPCO at N9, the price moved to N12.50 and they are still waiting probably to sell at N16, in this market that is full of uncertainties, especially due to COVID and fall in oil price (anyways, I wish them good luck). Yours truly entered UBA on 3 April 2020 at average purchase price of 4.95 and exit at 6.20 on 11 April 2020. For me, that’s a good bargain considering the state of the market.

2. Another one is for you to always try to study the event that moves the market. I bought Zenith about a month ago at 19.10 but when I see the turn of events (majorly COVID, Fuel price), I quickly sold at 18.50 (moderate Hair cut). Alas, the same zenith went as low as N10+ in a twinkle of an eye. I then bought at N11+ and sold at N13.20, that means I recovered the money I lost earlier and go with little gain.

3. Lastly, I am not a perfect person and I believe nobody is, you gain and loose in the market, but the most important is for your gains to outweigh your lost. we have a lot of resource persons on the forum that you may not even see on seminars that are paid for. Try and learn a lot from them, people like:
RabbiDoracle, Current Price (Currently on market quarantine), onegentleguy, DeRuggedProf, emmanuelewumi
Agbalowomeri, Coolcash1, OBAGADAFFI, BAMOFIN1, Valueinvestor, Jejebabaa, Mpeace, yom2, maishai, locodemy, Mcy56 (landlady of the forum), even @meships is good (the only problem he has is that he wants to use the forum for selfish gain - forgive me If I am wrong) and so many others that time will not permit me. Meanwhile, do not discountenance contributions from Chibuking and peterichy because they will also guide and caution you when necessary.

Wishing everyone good luck

Less I forget, @onegentlyguy, when are you going to release the Q4 result of caverton
Caverton to me is a good buy because the result will be good, yours truly have been trying to buy it at 2.30 but the volume and offer has not been there for me.

Northeastern:

Oga, the message is what I am debating.

I just checked the messenger and can conclude that he is not an authority in finance. That is someone with a disjointed career financial services. No one will pay him a dime for investment advice.

If you call that one an authority in finance, what will you call the MIT alum that is a regular on this thread? I know many other guys here that Kalu does not compare to professionally and otherwise. So, how did he become an authority?

So we have MIT finance alumnus/alumna here. Wow, that's good to hear. Who is that pls though Sir Loco comes to mind.

Well said Oga Kolaish !
We needed this kind of checks from time to time, even myself can be carried away when market is on the rise.
The title you gave to me though!
Believed you're doing great sir.

Ehuatamuigunisi:
Hello investors,

I am still learning in stock investment.
I have in my mind medium and long term investment..

I bought Zenith and MTN already and still have money to buy more coys tomorrow.
My target is GTB, Dangcem and more Zenith.

With the upward trend now, is safe to buy at the current price or wait for downward movement.?

Gurus please respond

Firsly, I'm not a guru just want to contribute from my non-guru knowledge . Since you're still in your learning phase and with the current market volatility, I'll only be buying in tranches. Buy a certain percentage of the units of DangCem and GTB you intend to hold, there is no need to buy more Zenith now(please note, this really depends on the number of units you currently own). But remember, whatever you decide to do, make sure you have cash in your trading account and look out for opportunities. Don't buy all at once!

GTB don reach KM 20.....
Zee no wan carry last...14.50 now.......racing after GT..

Caveat: This is for info purpose only.

WAPCO journey to kilometer 18 about to commence.

BARGAIN HUNTERS TAKE NOTE!

Mcy56:
GTB don reach KM 20.....
Zee no wan carry last...14.50 now.......racing after GT..

Caveat: This is for info purpose only.

Abeg let it get to KM 21 tomorrow so I can book profit. No time.

Gtb ..zee ..uba all breakeven ...What next

Missed Nestle again ..for Dangc ..behave

dinyelutochukwu:
Abeg let it get to KM 21 tomorrow so I can book profit. No time.

GTB don vex, 20.50.......

lancee:
Gtb ..zee ..uba all breakeven ...What next
Missed Nestle again ..for Dangc ..behave

Shebi you don join 400gang for nestle, make Una keep on waiting nah.

Mcy56:

Shebi you don join 400gang for nestle, make Una keep on waiting nah.

You mcy56 sis in the lord dey yawa ur bro ..The thing pained me ..second time i missed such opportunity
chai ..Dang just behave

PETERiCHY:
WAPCO journey to kilometer 18 about to commence.

BARGAIN HUNTERS TAKE NOTE!

thought you had jumped out oga

kolaish:
Lately, I have been seeing a lot of new monikers on the forum. My candid advice:

1. Learn to enter a stock at the right time and Learn to take profits from the market when the opportunity presents itself. Don’t be carried away by any unhealthy bull that may not last, if not, you will watch and see your stock come down again to the original price you bought it, if not lower. People will tell you to buy, but NOBODY will tell you when to exit. Some people bought WAPCO at N9, the price moved to N12.50 and they are still waiting probably to sell at N16, in this market that is full of uncertainties, especially due to COVID and fall in oil price (anyways, I wish them good luck). Yours truly entered UBA on 3 April 2020 at average purchase price of 4.95 and exit at 6.20 on 11 April 2020. For me, that’s a good bargain considering the state of the market.

2. Another one is for you to always try to study the event that moves the market. I bought Zenith about a month ago at 19.10 but when I see the turn of events (majorly COVID, Fuel price), I quickly sold at 18.50 (moderate Hair cut). Alas, the same zenith went as low as N10+ in a twinkle of an eye. I then bought at N11+ and sold at N13.20, that means I recovered the money I lost earlier and go with little gain.

3. Lastly, I am not a perfect person and I believe nobody is, you gain and loose in the market, but the most important is for your gains to outweigh your lost. we have a lot of resource persons on the forum that you may not even see on seminars that are paid for. Try and learn a lot from them, people like:
RabbiDoracle, Current Price (Currently on market quarantine), onegentleguy, DeRuggedProf, emmanuelewumi
Agbalowomeri, Coolcash1, OBAGADAFFI, BAMOFIN1, Valueinvestor, Jejebabaa, Mpeace, yom2, maishai, locodemy, Mcy56 (landlady of the forum), even @meships is good (the only problem he has is that he wants to use the forum for selfish gain - forgive me If I am wrong) and so many others that time will not permit me. Meanwhile, do not discountenance contributions from Chibuking and peterichy because they will also guide and caution you when necessary.

Wishing everyone good luck

Brilliant and well put together, sir! I also feel we should let newcomers understand that stock investment is different from stock trading, and everyone does not necessarily have to be a trader/short-termer. Emmanuelewumi is a long term investor and he has achieved a lot doing so.

Sir Loco and Oga Peter are traders and they do this with so much excellence. Messrs RabbiDoracle, OGG, Agba etc practice the combination of short/mid/long term.

The bottom line is, there are various routes to make money in the stock market, one just needs to choose what works for them and have a plan!

Gara wan enter bid

lancee:
You mcy56 sis in the lord dey yawa ur bro ..The thing pained me ..second time i missed such opportunity
chai ..Dang just behave

Lol.
Dangcem will behave.

seyisanya:
Brilliant and well put together, sir! I also feel we should let newcomers understand that stock investment is different from stock trading, and everyone does not necessarily have to be a trader/short-termer. Emmanuelewumi is a long term investor and he has achieved a lot doing so.

Sir Loco and Oga Peter are traders and they do this with so much excellence. Messrs RabbiDoracle, OGG, Agba etc practice the combination of short/mid/long term.

Bottom line, there are various routes to make money in the stock market, one just needs to choose what works for them and have a plan!

You are right on the bolded as well.

Mcy56:

Lol.
Dangcem will behave.

Hopefully !

Mcy56:

GTB don vex, 20.50.......

Now it’s living up to its name �

By this weekend my portfolio should return to its pre-January levels.
Weeping may endure for a night...

DeRuggedProf:


I give it the most liquid.
Any quantity you want to buy, you get, they have a chinese contractor on a dedicated duplicating desk.....

And that Liquidity makes it more Volatile.

Any pim the price go change (up or down)

Some guys are loading wapco at N12.40/12.45 junction like earlier mentioned.......they are keeping the price low to accumulate enough........then they'll move the bus again....

Mcy56:

Shebi you don join 400gang for nestle, make Una keep on waiting nah.

GSK and MAY & BAKER : you have done well for the past two weeks.

Continue.

Stocks with new 52 week lows
Ardova #11.20k
Bua cement #30.40k
Redstarex #2.73k

Custodian Investment Holds AGM Wednesday
https://businesspost.ng/economy/custodian-investment-holds-agm-wednesday/

Nigeria Exempted from IMF Debt Relief
https://businesspost.ng/economy/nigeria-exempted-from-imf-debt-relief/

Prestige Assurance N6.8bn Rights Issue Gets NSE Approval
https://businesspost.ng/economy/prestige-assurance-n6-8bn-rights-issue-gets-nse-approval/

SEC Denies Conducting Recruitment Exercise
https://businesspost.ng/jobs/sec-denies-conducting-recruitment-exercise/

lancee:
Hopefully !

They moved it up with N4.......warming up small small

Lots of crossings in Wapco at 12.40/45......can't wait to see the bus move soonest....

OBAGADAFFI:
GSK and MAY & BAKER : you have done well for the past two weeks.

Continue.

Covik one-nine!

Intendy:
Stocks with new 52 week lows

Ardova #11.20k

Bua cement #30.40k

Redstarex #2.73k

Is Ardova formerly FO?

Intendy was so quick today, no delay due to long list again.

OBAGADAFFI:


Is Ardova formerly FO?

Yes and still behaves like FAULTY OIL.....

OBAGADAFFI:


And that Liquidity makes it more Volatile.

Any pim the price go change (up or down)