NewStats: 3,265,085 , 8,185,631 topics. Date: Friday, 13 June 2025 at 12:24 PM 2x5n2d

unite4real:


i took a gamble last week. Sold all Dangote Sugar at N67.3 for the mere reason to go queue with the entire fund to buy NASCON at N55 when i realised that i could increase my holding if i did the conversion.

my bid was not successful that day to buy nascon. next day, i upped it, yet not successful. then on Friday i bought it at N59 which was still cheaper but not what i targetted. My equivalent holding of NAscon to dangote sugar increased from original figure actually

Now i don't know how stupid i would have felt if i had decided to wait till yesterday Monday to see if i could catch it at my target price.
This type of gamble is not advisable at all and i am so not gonna try it again. I didn't know what came over a PATIENT INVESTOR like me. Maybe na spiritual something but i overcame it.

9free:

Abeg, remain me when GTCO and Zenith touch N120 as that Oga wey no wan his holdings since 2007 predicted. You go be my sure plug for areas like Lekki, Maitama and Asokoro.

GTB and Zenith Bank at N120, that can't happen in 2024

Digitron:
Good Afternoon Gurus in the house.

I have some shares (Zenith, Fidelity and Wema) that was bought for me by my Dad in 2023.

Recently, I saw the shares certificate but I don't know how to go about it.

Please, how should I proceed?

Is your dad alive

veecovee:


I Love this.

If his eyes are opened for a second to see the everlasting purnishment for sexual immorities in hell Matthew 25:46, He'll cut off his ...

Pastor,I hope God will not count you as a sinner for mentioning his........penis

Ades1:





Until my dividends are not paid or the yield does not make sense, as long as my dividends getting paid, I'll continue to hold. I pray prices crash so that my dividends can buy more...

Only time I'll sell anything is if there are better opportunities elsewhere

The dividend yield on some stocks will be less than 1%, wait till when results start coming out

emmanuelewumi:




Better to diversify into fixed income or Eurobond investment.


Forget all the land banking and speculative real estate investments.


If you must do real estate make sure it is commercial real estate and not residential, don't tie down more than 40% of your networth on it especially if your networth is less than N100 million.


My opinion though

Your words here are always full of maturity and wisdom

emmanuelewumi:




The dividend yield on some stocks will be less than 1%, wait till when results start coming out

Hahahahaha, sounds like Dangote sugar, I'll sell so fast it would look like I never owned it. Any stock in my portfolio that pays less than 6% is GONE, that is my own personal preference. Oh and that 6% is on the current price not yield on my cost.

No emotions when you're dealing with numbers

biko men and women dem

how do you know when to jump out of a stock

yMcy56:

Good luck to him.

UBA sighted @33.50 as at now.......still moving........34!
The buyers are not from NSEMPA...

I will not be surprised if UBA gets to N50 this year. Everything looks set for this to happen once it upgrades it's final dividend to N3. Bringing total dividend to N3.50 .

OrgasmDonorxoxo:
biko men and women dem

how do you know when to jump out of a stock

Jump out whenever you reach orgasm And I mean it. My strategy was to remove my capital and watch profit grow and you can sell down in bits. My wapco, ucap and some others are profit giving me dividends yearly while I watch the price appreciate. I also sell some if I need cash.

No let greed hold you o

Zagee:
It just feels like that $b UBA released on behalf of Afrexim just they enter this market today. What manner of prices are these🤣

The last of shell onshore assets has finally been disbursed for $2.4b.
Sadly, our guy no buy am!

His hands are full. He still has a lot to deliver on

Ades1:




Hahahahaha, sounds like Dangote sugar, I'll sell so fast it would look like I never owned it. Any stock in my portfolio that pays less than 6% is GONE, that is my own personal preference. Oh and that 6% is on the current price not yield on my cost.

No emotions when you're dealing with numbers

Investors with huge funds buying about 500k units of dangote sugar or those loading MTN, BUAFOODS and even the darling twin Transcorp are not expecting dividend even up to 5%.
They know what they are doing.

if you are targeting dividend, then you need to exit and look for dividend paying stocks.

very few companies will do 6% and above from my thoughts

OrgasmDonorxoxo:
biko men and women dem

how do you know when to jump out of a stock

When you have met your set target which should not be controlled or influenced by fear or greed.

NB should do quick and choke Guinness...

Anything is possible

emmanuelewumi:




What are you going to do with your loot, people who sold Dangote Sugar at N60 came back to buyback at over N70.

Fundamentally, UBA is still going places. N45 is more like it for UBA and N60 for GTB and Zenith Bank

Not far from the N50 I will not be surprised to see it reach this year.

Ades1:




Hahahahaha, sounds like Dangote sugar, I'll sell so fast it would look like I never owned it. Any stock in my portfolio that pays less than 6% is GONE, that is my own personal preference. Oh and that 6% is on the current price not yield on my cost.

No emotions when you're dealing with numbers

Referring to a N100 stock that paid a dividend per share of 13k last year with the probability of increasing the dividend to 30k this year.

That will give a dividend yield of 0.3%

Locotrader:


Pastor,I hope God will not count you as a sinner for mentioning his........penis

I know say you dey alcohol well well. Hope you no dey do those kind agba things

emmanuelewumi:




Better to diversify into fixed income or Eurobond investment.


Forget all the land banking and speculative real estate investments



If you must do real estate make sure it is commercial real estate and not residential, don't tie down more than 40% of your networth on it especially if your networth is less than N100 million.


My opinion though

No tying down of money if yoi know what you are doing. Just like shares, buy off plan from reputable developers when no one is looking or at pre launch... they'll come begging you to sell in 18 - 24 months

Locotrader:


Pastor,I hope God will not count you as a sinner for mentioning his........penis

veecovee:

I know say you dey alcohol well well. Hope you no dey do those kind agba things

I no dey alcohol again.
Alcohol made me to cheat on my wife 3 good times.I have to quit it and also quit some friends.
Now I have a happy family and Christ our light and salvation.

emmanuelewumi:


GTB and Zenith Bank at N120, that can't happen in 2024

Have faith even as little as a mustard seed.

unite4real:


Investors with huge funds buying about 500k units of dangote sugar or those loading MTN, BUAFOODS and even the darling twin Transcorp are not expecting dividend even up to 5%.
They know what they are doing.

if you are targeting dividend, then you need to exit and look for dividend paying stocks.

very few companies will do 6% and above from my thoughts

That's the beauty of investing, those funds have their way of investing and I have mine. I'll wait for results, of all the stocks in the portfolio, the only stock I think will not pay 6% is Dangote sugar and when this happens, it will be sold.

emmanuelewumi:



Referring to a N100 stock that paid a dividend per share of 13k last year with the probability of increasing the dividend to 30k this year.

That will give a dividend yield of 0.3%

I don't own that stock.

Locotrader:


I no dey alcohol again.
Alcohol made me to cheat on my wife 3 good times.I have to quit it and also quit some friends.
Now I have a happy family and Christ our light and salvation.

LOL

Booking profit is not for dangsugar. We ride till endtime

sonofElElyon:


No tying down of money if yoi know what you are doing. Just like shares, buy off plan from reputable developers when no one is looking or at pre launch... they'll come begging you to sell in 18 - 24 months

For how much and what is the expected annual rental income.


I have been trying to help my sister sell her property for the past 6 months now, no show.

She wanted to sell to buy equities since June 2023

Bbbwings:
Booking profit is not for dangsugar. We ride till endtime

That's usually the volume during bull market

Dangote’s Stocks Appreciate By N514bn, After Refinery Take Off

https://dailytrust.com/after-refinery-take-off-dangotes-stocks-appreciate-by-n514bn/

Shalom428:
Nigeria stocks are ridiculously cheap. Long term investors that have holding power and are patient will be massively rewarded when the Nigeria economy finds its balance.

All I see is opportunities.

Shalom

Opportunities still abound

Follow The Money

Bbbwings:
Booking profit is not for dangsugar. We ride till endtime

ed. Moreover, DS is just starting it's own bull

Bbbwings:
Booking profit is not for dangsugar. We ride till endtime

Okay o

What a trading day!!

Oga RabbiDoracle where are you?
Your predicted +10 10% dey happen for market ooo
52 weeks high begat 52 weeks high!
+10% plenty today

78 gainers and 10 losers!
Dang stocks don scatter the ASI

Chai!! No one has taken up intendy's work since he vex commot...