emmanuelewumi:



The CEO was a member of the trio that managed Oando, still a founding shareholder of Ocean and Oil the parent company of Oando

Can anything good ever come from Ocean and Oil?

DeRuggedProf:


Interesting. An apple never falls far from the tree.
Now I know better.
For these type of companies, even when they post a good result, don't rush to buy, wait for several days, cause they may later recall the result, or adjust dividend in the name of correcting a typographical error.....

But Fidelity bank adjusted their dividend declaration 2 years ago

Thank God Fidelity has repented this year.....though until I see their dividend alert before I will believe them

TLAX:
At this stage I am watching videos on technical analysis and chart patterns. I am not much of a trader but I think there is a lot of value in understanding how traders think. Lots of free stuff in youtube and there are also many free written material on the web.

Let's see how it goes.

Guys big on TA seems to like to trading more. I also figured one can be a trader and a long/medium termer at the same time. It's about your temperament and taking opportunities thrown by the market. One day I will explain
how trading and investing can go side by side.
Knowing your strategy is important but evolving and fine tuning one's strategy is more important.

Good to know you are taking steps to get better.

owolabi5:


Can anything good ever come from Ocean and Oil?

It seems the same CEO attitude of Oando is entering UACN...JIJO masters may benefit now.

As long term investor, until I see good results and reduced overwhelming operating cause and sharing of money among themselves. ......I will continue to observe UACN management from a distance.

Better good stocks de market at bargain prices now

Mcy56:

This got me lmao.
Iffahia say e go enter gear 2. Lol.
At least, Mcy wouldn't be part of it.

So your not expecting dividends from the Tony's portfolios next week?

We are waiting for their dividends. .....plans have been made in reinvesting them already

I need to change my moniker.
I have engaged in an e-fight with it once. Now imagine I need to reach out to someone like Pa Ewumi or Oga Wanaj0. I would be viewed with one kain eye. Or I need to work with anyone of you on a project. E go hard o.
Folks I would like to rest this moniker, and get a new one.
I need to create a more positive online image for myself. Things don dey set, so I need to rebrand.
FYI, I will never refer to this old moniker again.
Rebranding

ukay2:


So your not expecting dividends from the Tony's portfolios next week?

We are waiting for their dividends. .....plans have been made in reinvesting them already

Reinvest later, keep and spend your dividend.

emmanuelewumi:



Reinvest later, keep and spend your dividend.

I never understand to this day why things bought with dividend taste better....

DrAwo:


Also learning technical analysis as I've discovered it complement fundamental analysis which I'm more accustomed to... Initially thought technical analysis won't work for our market but I know better now...

Got some books, still reading and watching videos like you said... Quite informative and interesting...

One of my biggest painpoints was not knowing when to exit a position. I pat my self on the back for rights picks but somehow I hold on for too long and it goes up and drops right back. Case in point I exited the market late in 2018 even though I had stocks that did quite well and I got at near bottom prices.

That is changing though.

ukay2:


But Fidelity bank adjusted their dividend declaration 2 years ago

Thank God Fidelity has repented this year.....though until I see their dividend alert before I will believe them

Lol....they will pay.

DeRuggedProf:


I never understand to this day why things bought with dividend taste better....

Because that's compound interest at work. Your interest/dividend is now earning interest/dividend. Buffet calls it the 8th wonder of the world.

DeRuggedProf:


I never understand to this day why things bought with dividend taste better....

Especially if the total dividends so far received is more than the amount initially invested.

owoblow77:
I need to change my moniker.
I have engaged in an e-fight with it once. Now imagine I need to reach out to someone like Pa Ewumi or Oga Wanaj0. I would be viewed with one kain eye. Or I need to work with anyone of you on a project. E go hard o.
Folks I would like to rest this moniker, and get a new one.
I need to create a more positive online image for myself. Things don dey set, so I need to rebrand.
FYI, I will never refer to this old moniker again.
Rebranding

Be yourself. Authenticity is key. If nobody has judged and condemned you then don't do it to yourself. Everybody is allowed an "off-day" once in a while.

DeRuggedProf:


I never understand to this day why things bought with dividend taste better....

Loooooool

Mine always taste sweet


Why yours always taste bitter?

Modified. ...now I see its better, not bitter.

Hahaha

I don't get why Dan cement will go to seek money from the bond Market when they have plenty retained earnings which some oga call oxygen.

Biafran4life:
I don't get why Dan cement will go to seek money from the bond Market when they have plenty retained earnings which some oga call oxygen.

The oxygen keeps the company alive.......and make more oxygen from the low bond offer the company is offering the public


Bond market yields are better (low) for manufacturing sector because the yield is very low and there is high liquidity chasing the bond Market now.

emmanuelewumi:


Especially if the total dividends so far received is more than the amount initially invested.

Yes Sir. It's like collecting house rents from virtual houses one built

Na why I want to increase my holdings in my choice equities now the prices are low

Am planting today for 2023 upwards when I will be getting more better dividends like Deruggedprof

TLAX:


Because that's compound interest at work. Your interest/dividend is now earning interest/dividend. Buffet calls it the 8th wonder of the world.

Compounding interests the sweet me like Ijebu garri with groundnuts on hot weather

emmanuelewumi:



Reinvest later, keep and spend your dividend.

Sir, is market going more southwards?

ukay2:


Sir, is market going more southwards?

I am not a prophet, it is better to buy in tranches.

If this lockdown goes beyond ordinary, I see people selling some of their stocks in order to be liquid. Which might make stocks to become cheaper

Yours truly redeemed some of my money market funds in order to have cash to spend and invest

ukay2:



Yes Sir. It's like collecting house rents from virtual houses one built

Na why I want to increase my holdings in my choice equities now the prices are low

Am planting today for 2023 upwards when I will be getting more better dividends like Deruggedprof

Naso my old man built his first house at a total cost of about N40,000, but currently gets N2.4 million rental income from the property.


But dividends sweet pass rent

emmanuelewumi:



Reinvest later, keep and spend your dividend.

Cash is King

DrAwo:


Also learning technical analysis as I've discovered it complement fundamental analysis which I'm more accustomed to... Initially thought technical analysis won't work for our market but I know better now...

Got some books, still reading and watching videos like you said... Quite informative and interesting...

Spotting a good stock is not that difficult(just some fundamentals needed),but making money from a good stock is the ultimate(thats where some technicals/gut analysis is needed)
Even the average trader/investor can make a list 15 good stocks on NSE, but that does not mean he/she would eventually make money from these stocks.ENTRY POINT AND EXIT POINT determines this and thats where technicals come in.

emmanuelewumi:



I am not a prophet, it is better to buy in tranches.

If this lockdown goes beyond ordinary, I see people selling some of their stocks in order to be liquid. Which might make stocks to become cheaper

Yours truly redeemed some of my money market funds in order to have cash to spend and invest

Yes Sir

I intend buying Afolabi units per time, while watching my back.....Loooooool

Next week will really be a tough week for PMB and his Economic Teams.

We await their responses and reactions

May God help us all. Amen

PharmAlfred:


Guys big on TA seems to like to trading more. I also figured one can be a trader and a long/medium termer at the same time. It's about your temperament and taking opportunities thrown by the market. One day I will explain
how trading and investing can go side by side.
Knowing your strategy is important but evolving and fine tuning one's strategy is more important.

Good to know you are taking steps to get better.

Quite a number of investors actually started as traders,but when the level of funds you are managing gets to a certain level no one will tell you before you start switching gradually,unless you dont have plans of spending the money yourself

emmanuelewumi:



Naso my old man built his first house at a total cost of about N40,000, but currently gets N2.4 million rental income from the property.


But dividends sweet pass rent

Waoooooo

He saw the future


Na why am planting for the future ......portfolio investment de sweet.



Hahahahaha

ukay2:



Waoooooo

He saw the future


Na why am planting for the future ......portfolio investment de sweet.



Hahahahaha

Investors always see the future and are forward thinking.

Whether you invest in the stock market, real estate, money market, bonds etc, or combination of different investments or asset classes the essence is to secure a comfortable future and retirement

DeRuggedProf:


I never understand to this day why things bought with dividend taste better....

Dividends dont lie

OLOBAM:

I was reading all the insult throwing by both parties yesterday and I know something must have happened offline and not from discussion on the forum.

It didn't take me any time to discover this when I read their first few posts.
It's one of those things anyway. We agree to disagree and vice versa. Let both sort out the differences in an amicable way offline. We love them both.

ukay2:
So your not expecting dividends from the Tony's portfolios next week?
We are waiting for their dividends. .....plans have been made in reinvesting them already

I'm expecting from one of them o.
I don spend before collecting self. Let them respect themselves and not come up with any story next week again.

Valueinvestor:

Quite a number of investors actually started as traders,but when the level of funds you are managing gets to a certain level no one will tell you before you start switching gradually,unless you dont have plans of spending the money yourself

Very true Sir.

I can't play with my little hard earned money anymore.

I only invest in good dividends stocks nowadays after paying lots of school fees in NSE.

Any stocks that I invest that gives me so much concerned is sold quikly.

I just love sleeping well at night


Hahahahaha

Mcy56:

I'm expecting from one of them o.
I don spend before collecting self. Let them respect themselves and not come up with any story next week again.

Loooooool


You even get to spend....yours is better

Am looking for my own to spend