Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 6:10pm On Jun 16 |
Happy Eid to all.
Happy fathers day to the fathers indeed
Happy fathers day to the women playing the role of fathers.
E ku holiday o 6 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 1:40pm On Apr 14 |
Eku market ooo ![smiley](https://www.nairaland.com/faces/smiley.png) 4 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 3:07pm On Oct 06, 2023 |
jideflash: oceanic really chop my eyes. i paid school fees in full, no scholarship Bros, you should invite us for graduation ooo! You can use any of your dividend LOOT 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 2:59pm On Oct 06, 2023 |
LondonCool: @Wanaj0
Greetings! Long time.
Where is @FatherofTwo? See all the gurus here. I remain loyal ooo I believe they are all fine. Everyone is PUMPING ![tongue](https://www.nairaland.com/faces/tongue.png) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 2:55pm On Oct 06, 2023 |
Streetinvestor2: One of the ogas/chairmen of SMN ....double salute. IF this oga say make you run from any company. Run and ask questions later My Oga at the top! We newbies are loyal to your government ooo |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 4:01pm On Oct 04, 2023 |
essentialone: What is the origin and meaning of the phrase, "Afolabi units"? How time flies! Make I go ask him self? ![smiley](https://www.nairaland.com/faces/smiley.png) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 1:54pm On Sep 29, 2023 |
pluto09:
This is one one the reasons why we want you to be more regular here sir. Your inputs are invaluable. Abeg let me enjoy my newbie status in peace ooo Happy 63rd Independence in advance 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 1:18pm On Sep 29, 2023 |
crownprince2017: Concerning presco, the product price is yet to go up as we are just leaving the harvest period for palm karnel, I mean the main raw materials for pam oil. The product is still much in supply compared to the period when it's only the suppliers that kept their own during this time will have for sale then, when the the demand will be more than supply and price will skyrocket.
End of the year is the pick for palm oil business when more profit are made, atleast 35-40 for non manufacturers.
Downward trend is normal at this regarding that business.
You make money from quantity perspective during the harvest period and make alot during the scarcity.
From the micro economics point of view, you can never make less than 30% ROI in that business.
I will try and work on the Ta of this company because am just aware of it for the first time.
I have few 100s waiting for that time too.
What have you learnt about PRESCO? You know that PRESCO borrowed money and spent N25bn to acquire a non profitable farm owned by their majority shareholder? Are you aware that after pocketing N25bn same SIAT is now trying to divest from PRESCO? There are FACTS behind the figures so don't get carried away with figures without understanding the facts behind it. Not a BUY or SELL recomemndation please. 15 Likes 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 1:14pm On Sep 29, 2023 |
jideflash: If i talk about newbies learning the ropes and not just seeking for stockpicks, they will say im proud. Experience and research matters alot.
If not for greed or gamble, why will you put all your fund into oando that has no financial result to base investing decision on.
Lets say he bought 32m naira worth of oando at high of 15naira. With the fall, he will still have like 16m. Just that he hasnt gotten a buyer to sell to.
If I make 32m from Gambling why will I not use the 32m to gamble again? Those saying he should have bought dividend paying stocks, did he make 32m by buying dividend paying stocks? Someone that bought JaPaul GOLD should be ready to LOSE all his money. Anyway, 32m school fees is not too much to pay for education. I am sure he will make another 32m soon! 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 2:29pm On Sep 26, 2023 |
Deadlytruth: The response is on the premise that one could accurately time the market as the other monicker suggested, and that is why I mentioned clairvoyance.
I am violently agreeing with you sir! Those with such ability should be competing with Buffet 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 2:07pm On Sep 26, 2023 |
It is always interesting when people focus on money to be made when prices go up but IGNORE the possibility of losses when prices go down. A lot of crypto mentality of quick money to be made at play. People tend to forget that the ORIGINAL design of the capital market is to create access to capital market.
When you join people trading you did not ask what percentage of their capital are they using. You joined using your entire capital and now you are complaining.
When people were using less than 0.0001% of their portfolio to buy OandO and shouting 100% profit. You also joined with 100% of your portfolio and now that almost 50% loss is starring you at the face you are angry! Angry with who? Were you planning to share the profit with anyone? Why do you expect anyone to share in your pain or misery!
There is always upside and downside risks. Know how you will manage both and Know PEACE
This is still September. New academic session has just started. NSE (sorry now NGX) is collecting school fees!
Kindly pay your fees quietly and don't disturb anyone.
Men are known when the BEARS appear
Eku market ooo 30 Likes 3 Shares |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 1:58pm On Sep 26, 2023 |
Deadlytruth:
But the challenge is to be able to know ahead the exact order and time in which the stocks will rally, i.e to know which exactly will come after which. If I were blessed with such clairvoyance it will take me only three years on NSE to become a billionaire. In 3 years you should be aiming to beat Warren Buffet! That people still believe they can time the market is one of the wonders 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 11:30am On Sep 25, 2023 |
E ku market ooo
E ku gambling oo
E ku BULLISH run ooo 6 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 9:14am On Sep 18, 2023 |
Streetinvestor2: Oga at the Top.In the past I think you advocated that high oil price is good for our market. And an indicator for bull,I hope that has not changed. This one you show face.what should we be expecting. I know this government is doing you well,anything for your boys,lol I am loyal to your government. High oil price will favour some. However it is negative to others (increase opex for them) Overall things looking up. Enjoy the ROLL 5 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 9:12am On Sep 18, 2023 |
Laso09:
Welcome back. What is your thoughts on the bogus profit being declared by the banks? Bogus? Not really. Significant impairment also. I think the banks are prudent. Basically their dollar position is helping. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 7:05pm On Sep 17, 2023 |
Eku market ooo ![smiley](https://www.nairaland.com/faces/smiley.png) Market is up. Everyone is happy. We are all experts now Let's be prepared for when the bears will show up oo 13 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 8:48pm On Dec 28, 2022 |
E ku market ooo
Happy New year in advance 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 5:34pm On Jun 22, 2022 |
1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 7:34am On May 21, 2022 |
ololufemi:
My dear brother @emmasoft, all through my several posts, I never mentioned that they are illegal o. I just highlighted how they have been used in unethical ways by some investors to get away with abusing its application for personal gains on such deals without considering the effect on retail investors.
The bank issue you mentioned regarding loans is also an unethical way that a lot of people have used to rob banks and make investors and stakeholders suffer losses.
My point highlights the unethical behaviour which clearly differs from illegal ones. An illegal deed is always UNETHICAL. In most climes unethical bahaviours are illegal. However in some situations an unethical behaviours can be legal. Cheating on your spouse is unethical but not illegal In this case it is legal and nothing unethical in crossdeals or off market deals. 5 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 2:26pm On May 20, 2022 |
Mpeace: Presco being punished for poor dividend. Fullest bid at 180. They gave only N6.60 despite an Eps of N19.32. For a N200 stock. The dividend is just about 3% dividend yield almost same with transcorp at 2%. Some of our indigenous companies are just too greedy and stingy with dividends. PRESCO should not be paying this much dividend considering the level of debt! Current price is suppose to reflect FUTURE growth. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 3:45pm On May 16, 2022 |
Mpeace: No body said seplat is a bad company. We only advised that seplat be cautious in loans and acquisitions. Too much aggressive investments in bullish period is not too good. Remember First bank almost collapsed because one CEO(Bisi Olasanya) decided in time of high oil prices, to give out too many loans to oil companies without due diligence. Mind you, The said CEO was an experienced hand in the field of banking. He wanted to make huge profit for the bank thus his decision to give out more loans to the oil industry. FBNH has not fully recovered from the repercussions even as we noted that only a few banks would have survived that experience. Check out the loan book of SEPLAT vs their reserves. Check their reserve replacement ratio. That's all what you need to know. 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 10:46am On May 16, 2022 |
sellydion: I dont think so. Oando was rather unfortunate. Unfortunate? How? Scamming investors? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 10:46am On May 16, 2022 |
Mpeace: But they need to be careful so they don't chew more than they can swallow lest they end up choking in debts like oando. Why are you comparing sleep with death? Comparing OandO with SEPLAT? Infra dignitatem ![cheesy](https://www.nairaland.com/faces/cheesy.png) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 2:27pm On May 12, 2022 |
Agbalowomeri:
It's inexperience that will make you to be chasing a hot stock. By the time your offer is filled, it would probably be end of that bull round. One thing is certain, other opportunities will show up. You must understand that you are also competing with your stockbrokers. To win the game, you must be ahead of them i.e. be comfortably sited in the bus before they identify it.
PEACE Jesus learnt obedience from the things which He suffered ![smiley](https://www.nairaland.com/faces/smiley.png) Worse if he is chasing an illiquid stock. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 2:40pm On May 05, 2022 |
ositadima1:
2021 ended in a loss due to huge increase (about 6 billions more than d previous year) in cost of sales. If we dig deeper, the increase was from consumables (aircraft spare parts seems to be d major culprit). Doesn't look like a recurring expense to me, maybe I am wrong.
That said, trading at 76.7% percent below book value is not sustainable, I see it going no where but up in the long run. I expect revenues to drop as they have lost some contracts already. I will be careful of going that route. Look at the FACTS behind the figures. 5 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 12:03pm On May 05, 2022 |
emmanuelewumi:
Primrose is owned by the family. It is the investment vehicle of Pa Subomi Balogun and his family FCMB building is called Primrose Towers. The owners of FCMB owns PRIMROSE ![smiley](https://www.nairaland.com/faces/smiley.png) 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 9:33am On May 05, 2022 |
2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 5:00pm On May 03, 2022 |
petaling:
It seems you are newbie here as I just started seeing your name here. My advice is don't make any insurance coy one of your largest holding as those guys can burn your fingers. Insurance coys are good for jijo but not long term. Thanks for the counsel. Will definitely make use of it in any future purchases. Well appreciated. When I grow up I want to be like you. Willing to learn at the masters feet. You can be sure that I will be a good student. Mentor me sir |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 12:53am On May 03, 2022 |
husu: @Wanajo, I salute. This husu. What of our guys, Wendi Wendi, samstone, father of 2, puming77, and co? Can you tell me more about your portfolios from then till now. I know you're a long term trader. Meanwhile, conoil is also into producing. They are in the upstream and downstream. Likewise total. Thanks. Basically you win some and lose some. Just ensure that your winners are more than your losers. I have moved from when FBN and GTB were my biggest holdings to now where NEM, SEPLAT and United Capital are my biggest holdings. All in all, it has being an interesting ride and I am better off now than then. 8 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 12:36am On May 03, 2022 |
RabbiDoracle:
It is simple maths.
Naira goes from say N360 to N590, this is 39% devaluation loss.
If I brought in $1m and invested in an asset that rose from N2 to N12 (e.g UCAP) , let's break it down:
At $1= N360, my fund is N360m.
Excluding fees, I get 180m units of UCAP.
Sell at average of N12 and I get N2.16B excluding fees.
That is 500% gain in naira value.
Now exchange rate is $1= N590,
Final fund will be $3.66m, increase of 266% in dollar value.
This excludes dividends from the stock which when added beats devaluation of the currency.
Questions : -Are you not basing your assumptions on hindsight( it has already happened) -How do you find similar asset that is yet to attain such price like UCAP? - If there are controls, how do you take your funds out?
1st question : Use foresight, research to find the new multi-baggers
2nd question : look around and you will see value. There are people whose job is to forecast possible selling price targets.
3rd question: Leave story. ![grin](https://www.nairaland.com/faces/grin.png)
What you've left out is the TIME element! Can you wait for the price to move from N2 to N15? How many people have the stamina to wait that long? How many people can withstand the dips that occur during that period without selling in a panic? 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 12:20am On May 03, 2022 |
onegentleguy:
By the way, that part in italics when implemented, I think, should be good news to a coy like CAVERTON.
I hope it comes down to <N1 before then though.
It is well. My Oga, the 'lifting' will not benefit anyone apart from SEPLAT. What that contract meant is that SEPLAT will SELL its crude to CHEVRON at the CHEVRON terminal at ESCRAVOS. SEPLAT have a more expensive export option that they use. They barge their crude with security export. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 4:12pm On Apr 29, 2022 |
ukay2:
Thanks onegentleguy
Just thinking that TOTAL and COINOIL are in downstream while SEPLAT is in upstream? Correct. They are really very different! |