NewStats: 3,264,441 , 8,183,722 topics. Date: Wednesday, 11 June 2025 at 06:12 AM 6q355l6382y |
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Bought Stanbic at 54.1500. My COMMON SENSE BUY POINT IS N55.00. Will buy more if it falls below my entry point. Target N75.00
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MY COMMON SENSE ENTRY POINT for Berger Paints as at 19-07-2023 is any price below N10.00 . TARGET above N12.00 with an upside target above 20%. I bought some units and will add more to my purchase if it falls below my initial buy point.
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veecovee: My COMMON SENSE ENTRY POINT for Japaulgold as at 19-07-2023 is 0. TARGET NIL |
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Any comments?
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Deadlytruth: Who offloaded is also important. Some of these transacts are actually rescue missions. TRANSCORP is no exemption. If the buyer has an eye for value, the buyer can transform the company positively, then magic can occur. Sometimes the magic takes a while to happen or may never happen. We must be guided by the F/ value of any stock. 1 Like |
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RabbiDoracle: Scary scenario!!!! |
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OBAGADAFFI: Thank you 🙏 |
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Mfunkynation: Probably the huge impairments for credit losses. Quite troubling. |
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aremso: I totally agree. I look for an entry close to the previous 52 week low and target a price = 10x probable dividend as long as the quarterly results show continued growth. Alternatively, just settle for dividends YOY again as long as the stock shows continued growth in their quarterly results. Any signs of weakness would of course call for a reassessment of one’s holding. 3 Likes 1 Share |
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essentialone: It’s a Sell for me 1. EPS =1.10 ..even if they payout 80% of earnings, still not good enough based on the current price of the stock 12.20 Naira 2. Inconsistent earnings and revenue 3. No recent insider trades Already overpriced for me. 3 Likes |
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Solidprof: Sounds good. However from personal experience, I would like to point out the following: 1. Buy when the stocks are “on sale” ..a good analogy would be buying a shirt from M & S Marks and Spencer. You would agree that the best time would be when the shirt is on sale when the price is the cheapest. A price around the 52-week low is good enough as long as the company has good fundamentals. For UBA, this is 6.55 Naira. 2. Once I hit 20% above my purchase price, I reappraise. If the stock can make a further 20%, I hang onto it provided it’s below my set target price as discussed in 3. Set a target price to either offload stocks or to reappraise to hang on further…(see 2) or To determine a good target price, I compute roughly based on what I consider a good return, which for me is at least 10% beyond my initial investment ( stock price x number of shares) + fees. For EPS I simply multiply by X4-5 to fix a target or X10 for Dividend to fix a target and go by whichever is lower. Eg if UBA EPS is v, so computed target based on this would be 10 x v=10v. , which for UBA is approximately 3.39 x 4———3.39x 5 = 13.56-16.95 and (or) 10 x dividends ( use the final not interim) which for UBA would be 10 x 0.80= 8.00 Naira. I use the lower which in this case is 8.00 Naira in anticipation of dividends of 80 kobo or 10.00 if in anticipation of 1.00 Naira final dividends. allowing at least a 10% return on my investment should I buy below 8.00 for a dividend of 80k or below 10.00 for dividends of 1.00 Naira. However, you can anticipate higher dividends if insider trades suggest something brewing and compute based on what could seem possible till the results are released. You would easily see from the above that buying low and selling around the above guidance is immensely profitable. You need patience. Don’t jump into every price, wait till it’s “on sale”. Any price above these figures is simply overvalued for me, not unless I am willing to settle for lower than 10% or pray that investors would continue to overprice the stock and I will be able to profit from price appreciation. This is in no way financial advice, please do due diligence and research before you commit your hard-earned money to anything. I would be happy to illuminate further should you consider this useful or just dump it into the nearby bin. Cheers. 13 Likes 3 Shares |
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Solidprof: How long do you plan to hold the investment? |
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Wapgod: Overvalued. |
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I am new to this forum. Currently reading old posts from page 1. Thank you to the initiator of this forum and all those that keep the information flowing. Big thumb up. Forgive me if my questions have already been addressed, guessed I haven’t gotten to the answers yet. Question 1. Where can I buy an aerator ? Ship to Umuahia please. Solar powered preferably. 10x10x4 tarpaulin pond. 1000 fish |
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“The child waits for a raging fire to go off, but the wise will douse it with water”
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@Saxy4L, when are we selling Gold? What’s your analysis?
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peteregwu: peteregwu: peteregwu: peteregwu: peteregwu: I think there may be a fall to 1833/18 before this happens once Gold hits 1888. But ask the gurus though. I still be novice . |
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saxy4c: You are the boss. I like the idea of holding it as an investment. ![]() |
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XAUTrader4L: Thank you XAUTrader4L. I find this remarkably useful. Would you be kind enough to give me a link. Thank you. Appreciated. |
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Humility with wisdom is great gain. I salute all the gurus in the house. I appreciate you all for the much I am learning. Thank you.
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saxy4c: Saxy4c, Right behind you sir. Volume seems to be building up. Probably more volume once US session s in. I speak as a novice. !!! |
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Tonyfx: @Tonyfx I found this useful.......I look for key levels on the weekly chart and go down to the daily timeframe to search for pinbars or fakey signals. ....You can do same on lower timeframes also (daily and 4hr charts).. Thank you. Appreciated. |
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saxy4c: .........I setup a lot on the 4H. Keep it simple, it's the straightforward methods that constantly turn out profits in this business. Noted sir. 1 Like |
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saxy4c: Thank you. I took some profits thanks to you. |
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saxy4c: saxy4c: My first post. Saxy4c. Thank you. I appreciate your depth and maturity. I am shadowing you. I am sure there are many more gurus here. To you all I say thank you. I am still a foetus. But with you gurus we can all grow. I am interested only on Gold for now. I seem to understand it a little better than the currency pairs. 1 Like |
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