Jerekre:

WOW! Impressive

Na Corona cause all this things na, I was working from home, I had plenty time to read NSEMPA thread and other materials.

ositadima1:


I don hear u nah. I maintain that reading is the fastest way to achieve mastery.

Before February 2020, I knew zero about stocks, but I am currently 40% up on some of my investments with zero school fees. If that doesn't impress you nothing will.

It is a jungle alright but same rules ( risk-reward, TA, FA etc. ) apply.

Read Investment Biker by Jim Rogers. It would change your life

ositadima1:


Qwention I ask u, u no answer. Please read d book first before putting out erroneous comments.

Just so u know, if I strictly follow Rule #1 no stocks on the NSE would be worthy. No stock I analysed so far, passed the big five test. The valuation method he detailed in d book, is too conservative so much that u can hardly see any stock on the NSE trading close to that price.

Dem use Juju hold you for NSE?

Best thing you can do for yourself as a Nigerian investor is not to invest in assets dependent on the Nigerian economy.

The world is a very big place and thanks to technology you can access it from the comfort of your home. Don't waste that advantage

Where can I access some of these books? With the benefit of hindsight, in what order would you have read the books if you were just starting out today?

ositadima1:


Na Corona cause all this things na, I was working from home, I had plenty time to read NSEMPA thread and other materials.

ositadima1:


Na Corona cause all this things na, I was working from home, I had plenty time to read NSEMPA thread and other materials.

I am not sure being 40% up make you a champ just yet. You came to the party at the right time, when the market was already bearish and on its low. This is a key parameter to consider. The story might have been different if you had come inn in January or any of the previous bullish runs.. consider yourself "COVID-lucky"

ositadima1:


Qwention I ask u, u no answer. Please read d book first before putting out erroneous comments.

Just so u know, if I strictly follow Rule #1 no stocks on the NSE would be worthy. No stock I analysed so far, passed the big five test. The valuation method he detailed in d book, is too conservative so much that u can hardly see any stock on the NSE trading close to that price.

How did I know you got that from rule #1 if I haven't read it?
I don't use a single valuation method. It's always a combination of comparative ratios, historical performance and absolute valuation methods that depend on the stock and the sector being valued.
The bolded is not totally true. I have seen few stocks that passed the test. Abeg no vex. I just wanted you to understand our reality from what is written in the textbooks.

Agbalowomeri:
Party scatter.....

https://www.youtube.com/watch?v=EtbwTgY3AIk

Welcome boss, Agba sighted

Justcul:


I am not sure being 40% up make you a champ just yet. You came to the party at the right time, when the market was already bearish and on its low. This is a key parameter to consider. The story might have been different if you had come inn in January or any of the previous bullish runs.. consider yourself "COVID-lucky"

But he tried na. Try and give it to him.

ositadima1:


I don hear u nah. I maintain that reading is the fastest way to achieve mastery.

Before February 2020, I knew zero about stocks, but I am currently 40% up on some of my investments with zero school fees. If that doesn't impress you nothing will.

It is a jungle alright but same rules ( risk-reward, TA, FA etc. ) apply.

You tried jare. Keep it up!

But more needs to be done. That is not all about stock investing. With time and experience, you will understand.

ojesymsym:
Where can I access some of these books? With the benefit of hindsight, in what order would you have read the books if you were just starting out today?

Like someone pointed up there I may not really know what am doing yet.

These are a few I have read:

* Trend qualification and trading.
* Trend trading set-ups.

* A trader's money management system.

* Why stocks go up and down.

* Rule #1.
* Value investing for dummies. (This one I will start this weekend)

* The little book that beats the market. (I used the concepts in this one to buy Vitafoam, Caverton, and redstarex. My Caverton is in d red sha)

* NSEMPA.

chibjohn:

How did I know you got that from rule #1 if I haven't read it?
I don't use a single valuation method. It's always a combination of comparative ratios, historical performance and absolute valuation methods that depend on the stock and the sector being valued.
The bolded is not totally true. I have seen few stocks that passed the test. Abeg no vex. I just wanted you to understand our reality from what is written in the textbooks.

Can u please mention these stocks.

Thanks plenty

ositadima1:


Like someone pointed up there I may not really know what am doing yet.

These are a few I have read:

* Trend qualification and trading.
* Trend trading set-ups.

* A trader's money management system.

* Why stocks go up and down.

* Rule #1.
* Value investing for dummies. (This one I will start this weekend)

* The little book that beats the market. (I used the concepts in this one to buy Vitafoam, Caverton, and redstarex. My Caverton is in d red sha)

* NSEMPA.

ojesymsym:
Thanks plenty

It is not in any particular order, what I do is if I find d book too hard I move over to the next or YouTube a little, then later come back to it.

Submit your stock prediction of the day. Deadline is 10:10am.

As per bolded, that is how I went to be reading "Trade your way to financial freedom" by Van Tharp, I am not sure I finished that book but if I did, it must have been just sheer will power and not that I was carried along.

ositadima1:


It is not in any particular order, what I do is if I find d book too hard I move over to the next or YouTube a little, then later come back to it.

jideflash:
Submit your stock prediction of the day. Deadline is 10:10am.

Zenith +5%

jideflash:
Submit your stock prediction of the day. Deadline is 10:10am.

UACN +10%

jideflash:
Submit your stock prediction of the day. Deadline is 10:10am.

Seplat +7

Intbrew should move na..... Meanwhile seplat is taking relay race!

ojeysky:
Intbrew should move na..... Meanwhile seplat is taking relay race!

Lol, Seplat doesn’t want to calm down

Teeonly:
80,000 000 Units sold on the 5th of August, by BLAKENEY LLP.

Blakeney sold 80M units, we shouldn't forget that someone picked it from Blakeney.
Someone even said they sold the 80M on the floor, can't lay hands on the post now......cos I wanted to ask which of the floor?
So now, who are the bargain hunters on queue in UACN? Trust Jijoist.
We go all dey alright las las.
Pls, no one should quote me, no strength to argue at all, I get Wetin dey worry me past argument now.

Teeonly hope you're good.

zimams:
I understood Mcy. I didn't anticipate a reversal so quickly though.
What I did was split my planned volume into 3 parts. (20%,30%,50%) . Bought the first tranch - 20%. @N3.28 UCap. Did same for UBA @6.57.
My safety net... Is that the coy must be strong dividend paying coys.

Wow! You had a good strategy in place. I added my 'like' to the ones you've got.

I will however like to add that you should still be mindful of your entry at same time, it's also key.
Pa Emma and other dividend investor bosses can tell you better.
Good luck.

If GTb by mistake close above N25.5 by friday, hen, bye bye

Justcul:
If GTb by mistake close above N25.5 by friday, hen, bye bye

OMO THE ROAD BLOCK AT KM 24.80 IS MASSIVE O

dharpzee:
OMO THE ROAD BLOCK AT KM 24.80 IS MASSIVE O

They are all looking for the first set to move..... .......first set moved, waiting for next set.........2nd set moved ....

Let's hope those 24.80 bids are not audio sha......if it's not, then they may push GT to 28, the past accumulation was massive..

Mcy56:
They are all looking for the first set to move @24.85.. .... .......first set moved, waiting for next set.........2nd set moved ....

24.90 gang on the move......

NB: This is just daily observation, not any form of advice pls.

Mcy56:

24.90 gang on the move......

NB: This is just daily observation, not any form of advice pls.

Being crushed !!..see zee life playing with emotions

lancee:
Being crushed !!..see zee life

Lol. Zee is still in Agba's village drinking palmie. Maybe it will move after e don shirk well.
First bank is another one, that stock knows how to frustrate people sometimes.

Mcy56:

Lol. Zee is still in Agba's village drinking palmie. Maybe it will move after e don shirk well.
First bank is another one, that stock knows how to frustrate people sometimes.

lancee:

Aside GTB and few other stocks, market seems to be taking some break.
Seplat: N35M needed from deep pocket to move it's ministry fwd.....
Zee: Now 8.05 difference from GTB. Let's see if it will move or will still remain indecisive.....

The interim dividend announcement seems to be taking longer time than necessary .....hope it's not yet priced-in self.

Updated: Seplat moved up with 10%......now 385......

Mcy56:

Aside GTB and few other stocks, market seems to be taking some break.
Seplat: N35M needed from deep pocket to move it's ministry fwd.....
Zee: Now 8.05 difference from GTB. Let's see if it will move or will still remain indecisive.....

The interim dividend announcement seems to be taking longer time than necessary .....hope it's not yet priced-in self.

Updated: Seplat moved up with 10%......now 385......

Exactly whats on my mind ..Hope not priced in ..common with this zee stock

Div Announcement still maybe 2 week away .. Hope they come early

Mcy56:

Aside GTB and few other stocks, market seems to be taking some break.
Seplat: N35M needed from deep pocket to move it's ministry fwd.....
Zee: Now 8.05 difference from GTB. Let's see if it will move or will still remain indecisive.....

The interim dividend announcement seems to be taking longer time than necessary .....hope it's not yet priced-in self.

Updated: Seplat moved up with 10%......now 385......

One good features of Seplat...
When those that need it to move up is ready...
They dont need retail investors...