NewStats: 3,265,238 , 8,186,100 topics. Date: Saturday, 14 June 2025 at 02:13 AM 1f564t

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nosa2:


While UBA is certainly cheap compared to its historical valuations, it is not amongst the cheapest banks.

If you want to enter banking stocks you might want to look at Zenith and GTCO

In the medium term I am going with FBN which I belive may have higher potential sentiment backed gains.

Raider76:


In the medium term I am going with FBN which I belive may have higher potential sentiment backed gains.

In summary....

D only reason I am buyin FBN is Otedola...

How ex-bankers in Food Specialties acquired Tantalizers Plc


https://guardian.ng/opinion/letters/how-ex-bankers-in-food-specialties-acquired-tantalizers-plc/

megawealth01:
How ex-bankers in Food Specialties acquired Tantalizers Plc


https://guardian.ng/opinion/letters/how-ex-bankers-in-food-specialties-acquired-tantalizers-plc/

Are seeing what I'm seeing?

TANTALIZERS 😘

megawealth01:


Are you seeing what I'm seeing?

TANTALIZERS 😘

Willie2015:


In summary....

D only reason I am buyin FBN is Otedola...

No. I am not buying because of Otedola. I am buying because of the money I may make as a result of the positive sentiment that Otedola may cause.

Plus I believe that FBN now as the lower entry point of the FUGAZ.

Lower entry than Access?

Raider76:


No. I am not buying because of Otedola. I am buying because of the money I may make as a result of the positive sentiment that Otedola may cause.

Plus I believe that FBN now as the lower entry point of the FUGAZ.

jckgroup1:
Lower entry than Access?

Numerically it's higher than ACCESS. But if you look at the 52 week high you are better with FBN.

Raider76:


Numerically it's higher than ACCESS. But if you look at the 52 week high you are better with FBN.

U re not. At current prices. Buying Access over FBNH is the right thing to do.

leparj:

U re not. At current prices. Buying Access over FBNH is the right thing to do.

Spreading your funds across both is the wise thing to do. I am also buying Fidelity Bank. It will certainly edge to ₦20 soon.

leparj:


U re not. At current prices. Buying Access over FBNH is the right thing to do.

Like I said, my holding horizon is short term. So I am looking at maximum gain to 52 wks high. For FBH it is 43.80. For Access it is 30.6. Note these are not closing prices but intra-day.

Pls what could be the reason why m yet to see my fmn dividend, although I messaged the registrar and brokers already but no response from them yet.

I have some reservations on Pa Emma views last week, have just been very busy and also lazy to type but I will try to put the here shortly.

Good evening everyone..

Pa Emma, I respect the fact that you are good with numbers, I studied ing all my life in higher institution, it's very easy for me to know people that understand numbers.
I want you to know that there are number calculator and number manufacturers, I can categorically said you are a number calculator based on your views here since 2019 i have been following this thread. Seriously it's good and nothing wrong with your views based on that but a lot is wrong when you tried to generalized it and said authoritatively that people will get their fingers burnt trading a particular share of a company.

Warren Buffett once said there are five important things you should note before committing your money to a particular company stocks, one of it is the calculation of numbers which you did, can we say scoring one over 5 is enough to say a student did well in an exam?

The same warrant buffet once said, ing numbers are just the beginning and not a means to determine the value of a company.

In finance, it's a general view that the higher the risk the higher the reward, if everybody run away from risk where will the big reward comes from.

You views on sugar and ellahlakes doesn't have sufficient evidence to condemned them and below are my reasons:

If we all wait until we see the numbers on the face of annual reports, where will the big reward come from? The companies that did 50 bagger according to the author were companies that did not have favourable numbers across the face of their annual reports but people that took the risk made a kill.

Nobody should try to time the market, because it has been proven time without numbers that nobody can time the market correctly.

Because sugar has problem today, you run a way to another company, who told you that another company you ran to cannot have problem as well, suddenly sugar becomes a bad company.. just a news of rice operation will change the current trend.

It's people that did not have reasons why they buy that can be misguided.

You can do better by not bouthing people investment, people are the shareholders of these companies.

Raider76:


In the medium term I am going with FBN which I belive may have higher potential sentiment backed gains.

That makes sense. So Long as you understand your reason you'll probably do well.

These banks are so cheap that you're almost guaranteed to make money

crownprince2017:
Pa Emma, I respect the fact that you are good with numbers, I studied ing all my life in higher institution, it's very easy for me to know people that understand numbers.
I want you to know that there are number calculator and number manufacturers, I can categorically said you are a number calculator based on your views here since 2019 i have been following this thread. Seriously it's good and nothing wrong with your views based on that but a lot is wrong when you tried to generalized it and said authoritatively that people will get their fingers burnt trading a particular share of a company.

Warren Buffett once said there are five important things you should note before committing your money to a particular company stocks, one of it is the calculation of numbers which you did, can we say scoring one over 5 is enough to say a student did well in an exam?

The same warrant buffet once said, ing numbers are just the beginning and not a means to determine the value of a company.

In finance, it's a general view that the higher the risk the higher the reward, if everybody run away from risk where will the big reward comes from.

You views on sugar and ellahlakes doesn't have sufficient evidence to condemned them and below are my reasons:

If we all wait until we see the numbers on the face of annual reports, where will the big reward come from? The companies that did 50 bagger according to the author were companies that did not have favourable numbers across the face of their annual reports but people that took the risk made a kill.

Nobody should try to time the market, because it has been proven time without numbers that nobody can time the market correctly.

Because sugar has problem today, you run a way to another company, who told you that another company you ran to cannot have problem as well, suddenly sugar becomes a bad company.. just a news of rice operation will change the current trend.

It's people that did not have reasons why they buy that can be misguided.

You can do better by not bouthing people investment, people are the shareholders of these companies.

Nobody can bouth a good investment, the more they bouth it the better because it gives you the opportunity to accumulate and stockpile the investment at a cheaper price which will enhance your long-term return on the investment.


Keep on buying and I wish you the very best

https://ewnation.com/ikeja-hotels-hitting-/

Buffett was lucky for several reasons, which I will discuss later. He wouldn't have come this far if he were to start today as a young man, regardless of what his proponents might say.

Let me start with the fact that while he had both big losses and big wins, he actually built his wealth by investing other people's money - lots of it. It's not the "from scratch" tale that people often tell.

Warren Buffett has had several notable investment losses throughout his career, which demonstrates that even the most successful investors make mistakes. Here are some significant examples:

Dexter Shoe Company (1993): One of his worst investments - Buffett bought the company for $433 million in Berkshire Hathaway stock. The company later became worthless due to foreign competition, and the Berkshire shares he used to buy it would have been worth billions today.

ConocoPhillips (2008): Buffett bought shares near oil price peaks, later itting he made a "major mistake" when oil prices collapsed. Berkshire lost several billion dollars on this investment.

US Airways (1989): Buffett invested $358 million in preferred shares. While he eventually made money on this investment, it was very volatile and he later called it a "mistake."

Tesco (2013-2015): Berkshire lost about $444 million on its investment in the British supermarket chain after an ing scandal.

IBM (2011-2018): While not a total loss, this investment underperformed significantly. Berkshire sold most of its stake at a small gain, but opportunity cost was significant.

Buffett likely wouldn't have achieved the same level of success starting today, for several key reasons:

1. Market Environment Today:

- Sophisticated algorithms and high-frequency trading
- More competition from hedge funds and institutional investors
- Information is instantly available to everyone
- Much harder to find undervalued companies
- Markets are more efficient and regulated

2. Entry Barriers:

- Would need much more capital to start
- Harder to get wealthy people to trust a young investor
- More regulatory requirements for managing others' money
- Need expensive licenses and compliance systems
- Competition from low-cost index funds

3. Different Opportunities:

- The bargains he found in the 60s-80s don't exist anymore
- Can't buy whole companies as cheaply as he did
- Insurance "float" strategy is widely known and copied
- Private equity firms compete for business acquisitions
- Higher valuations across all markets

4. Today's Successful Investors:

- Often focus on technology (which Buffett largely avoided)
- Need quantitative/technical skills
- Require faster decision-making
- Use complex financial instruments
- Need large teams of analysts

Don't be deceived: most of Buffett's strategies won't make you extremely wealthy today. While they may still be helpful, these strategies were successful because of the unique opportunities of his era. Buffett now has billions and connections that can generate more wealth even without additional effort.

Spot on @Ositadima1,
Berkshire Hathaway itself was a textile manufacturer that failed because of price war from imported Taiwan textile before Buffet turned it to conglomerate with cash mainly from his insurance business Getco.

ositadima1:
Buffett was lucky for several reasons, which I will discuss later. He wouldn't have come this far if he were to start today as a young man, regardless of what his proponents might say.

Let me start with the fact that while he had both big losses and big wins, he actually built his wealth by investing other people's money - lots of it. It's not the "from scratch" tale that people often tell.

Warren Buffett has had several notable investment losses throughout his career, which demonstrates that even the most successful investors make mistakes. Here are some significant examples:

Dexter Shoe Company (1993): One of his worst investments - Buffett bought the company for $433 million in Berkshire Hathaway stock. The company later became worthless due to foreign competition, and the Berkshire shares he used to buy it would have been worth billions today.

ConocoPhillips (2008): Buffett bought shares near oil price peaks, later itting he made a "major mistake" when oil prices collapsed. Berkshire lost several billion dollars on this investment.

US Airways (1989): Buffett invested $358 million in preferred shares. While he eventually made money on this investment, it was very volatile and he later called it a "mistake."

Tesco (2013-2015): Berkshire lost about $444 million on its investment in the British supermarket chain after an ing scandal.

IBM (2011-2018): While not a total loss, this investment underperformed significantly. Berkshire sold most of its stake at a small gain, but opportunity cost was significant.

Buffett likely wouldn't have achieved the same level of success starting today, for several key reasons:

1. Market Environment Today:

- Sophisticated algorithms and high-frequency trading
- More competition from hedge funds and institutional investors
- Information is instantly available to everyone
- Much harder to find undervalued companies
- Markets are more efficient and regulated

2. Entry Barriers:

- Would need much more capital to start
- Harder to get wealthy people to trust a young investor
- More regulatory requirements for managing others' money
- Need expensive licenses and compliance systems
- Competition from low-cost index funds

3. Different Opportunities:

- The bargains he found in the 60s-80s don't exist anymore
- Can't buy whole companies as cheaply as he did
- Insurance "float" strategy is widely known and copied
- Private equity firms compete for business acquisitions
- Higher valuations across all markets

4. Today's Successful Investors:

- Often focus on technology (which Buffett largely avoided)
- Need quantitative/technical skills
- Require faster decision-making
- Use complex financial instruments
- Need large teams of analysts

Good morning all. I am really curious, pls do we have name(s) of successful(top billionaires in the world who are) trader(s) to illustrate. Just like we have Buffett that has proven that value investing with long term view is rewarding. Na learner I be ooo, just curiosity nothing more.

Lutexx:
Spot on @Ositadima1,
Berkshire Hathaway itself was a textile manufacturer that failed because of price war from imported Taiwan textile before Buffet turned it to conglomerate with cash mainly from his insurance business Getco.

This might be likely what the new owners of TANTALIZERS would do in the long run

Kereokwu:
Good morning all. I am really curious, pls do we have name(s) of successful(top billionaires in the world who are) trader(s) to illustrate. Just like we have Buffett that has proven that value investing with long term view is rewarding. Na learner I be ooo, just curiosity nothing more.

10 of the World's Most Famous Traders of All Time

https://www.investopedia.com/articles/active-trading/041515/worlds-10-most-famous-traders-all-time.asp

emmanuelewumi:




Nobody can bouth a good investment, the more they bouth it the better because it gives you the opportunity to accumulate and stockpile the investment at a cheaper price which will enhance your long-term return on the investment.


Keep on buying and I wish you the very best

You too much.The reply is wonderful

Kereokwu:
Good morning all. I am really curious, pls do we have name(s) of successful(top billionaires in the world who are) trader(s) to illustrate. Just like we have Buffett that has proven that value investing with long term view is rewarding. Na learner I be ooo, just curiosity nothing more.

learner no fit asks this kin question

Ding!

ositadima1:
Don't be deceived: most of Buffett's strategies won't make you extremely wealthy today. While they may still be helpful, these strategies were successful because of the unique opportunities of his era. Buffett now has billions and connections that can generate more wealth even without additional effort.

I like this line of thought. What do you think will give best results in our time and season as I agree with some of what you said about buffet early yrs.

Pls it should be towards investors option and not trader option. I don't fancy trading option because I have plenty reservations on TA

Kereokwu:
Good morning all. I am really curious, pls do we have name(s) of successful(top billionaires in the world who are) trader(s) to illustrate. Just like we have Buffett that has proven that value investing with long term view is rewarding. Na learner I be ooo, just curiosity nothing more.

Yes, I have them here. Do you have any other questions?

1. Paul Tudor Jones
Specialty: Macro trading
Notable Achievement: Successfully predicted and profited from the 1987 stock market crash (Black Monday) by using futures to hedge against market downturns.
Net Worth: Estimated at $7 billion (2024).

2. George Soros
Specialty: Global macro trading
Notable Achievement: Made $1 billion in a single day by shorting the British pound in 1992 (known as "Black Wednesday".
Net Worth: Estimated at $8.6 billion after substantial philanthropy.

3. Steven A. Cohen
Specialty: Stock trading, hedge fund management
Notable Achievement: Known for his high-frequency trading and ability to capitalize on short-term market inefficiencies through SAC Capital Advisors.
Net Worth: Estimated at $17 billion (2024).

4. Jim Simons
Specialty: Quantitative trading
Notable Achievement: Founder of Renaissance Technologies, which uses mathematical models to generate extraordinary returns through algorithmic trading. His Medallion Fund is legendary for its consistent high returns.
Net Worth: Estimated at $29 billion (2024).

5. Bruce Kovner
Specialty: Commodities and currency trading
Notable Achievement: Turned $3,000 into $45,000 trading soybean futures and later became one of the most successful traders through his hedge fund, Caxton Associates.
Net Worth: Estimated at $6.6 billion.

6. Richard Dennis
Specialty: Futures trading
Notable Achievement: Co-developed the "Turtle Trading" system and reportedly turned $1,600 into $200 million in about a decade through commodities trading.

7. Carl Icahn (as a hybrid example)
Specialty: Activist trading
Notable Achievement: While he is often considered an investor, Icahn's activist trading style, which involves taking significant positions to influence company policies for quick gains, differentiates him from pure investors like Buffett.
Net Worth: Estimated at $23 billion (2024).

8. David Tepper
Specialty: Distressed debt trading
Notable Achievement: Founder of Appaloosa Management, known for profiting massively during the financial crisis by buying distressed financial stocks.
Net Worth: Estimated at $20 billion (2024).

ositadima1:
Buffett was lucky for several reasons, which I will discuss later. He wouldn't have come this far if he were to start today as a young man, regardless of what his proponents might say.

Let me start with the fact that while he had both big losses and big wins, he actually built his wealth by investing other people's money - lots of it. It's not the "from scratch" tale that people often tell.

Warren Buffett has had several notable investment losses throughout his career, which demonstrates that even the most successful investors make mistakes. Here are some significant examples:

Dexter Shoe Company (1993): One of his worst investments - Buffett bought the company for $433 million in Berkshire Hathaway stock. The company later became worthless due to foreign competition, and the Berkshire shares he used to buy it would have been worth billions today.

ConocoPhillips (2008): Buffett bought shares near oil price peaks, later itting he made a "major mistake" when oil prices collapsed. Berkshire lost several billion dollars on this investment.

US Airways (1989): Buffett invested $358 million in preferred shares. While he eventually made money on this investment, it was very volatile and he later called it a "mistake."

Tesco (2013-2015): Berkshire lost about $444 million on its investment in the British supermarket chain after an ing scandal.

IBM (2011-2018): While not a total loss, this investment underperformed significantly. Berkshire sold most of its stake at a small gain, but opportunity cost was significant.

Buffett likely wouldn't have achieved the same level of success starting today, for several key reasons:

1. Market Environment Today:

- Sophisticated algorithms and high-frequency trading
- More competition from hedge funds and institutional investors
- Information is instantly available to everyone
- Much harder to find undervalued companies
- Markets are more efficient and regulated

2. Entry Barriers:

- Would need much more capital to start
- Harder to get wealthy people to trust a young investor
- More regulatory requirements for managing others' money
- Need expensive licenses and compliance systems
- Competition from low-cost index funds

3. Different Opportunities:

- The bargains he found in the 60s-80s don't exist anymore
- Can't buy whole companies as cheaply as he did
- Insurance "float" strategy is widely known and copied
- Private equity firms compete for business acquisitions
- Higher valuations across all markets

4. Today's Successful Investors:

- Often focus on technology (which Buffett largely avoided)
- Need quantitative/technical skills
- Require faster decision-making
- Use complex financial instruments
- Need large teams of analysts

interesting points

Conhall full bid, any news? Btw, Aradel have a 25% stake in the company

The kind of corruption they are sharing in johnholts no get part two.This is a company that is practically dead on ground. Go to any of thr out let like Tantalizer you will be wondering what they are still doing in those places. If you are a supplier you no go agree to supply them anything on credit because it get why..lol.
Na so rojenny was selling here and I was driving from North to east and stopped in front of the place. I was shocked grass has taken over the whole place while it was selling on nse....this is why I be street investor. Pls it your decision and your money

Streetinvestor2:
I like this line of thought. What do you think will give best results in our time and season as I agree with some of what you said about buffet early yrs.

Pls it should be towards investors option and not trader option. I don't fancy trading option because I have plenty reservations on TA

Technical analysis (TA) works just as well as fundamental analysis (FA). I recommend reading the Market Wizards series to gain more insight. My philosophy is to avoid making assumptions about things—it's better to focus on what you actually know.

What do you truly understand about TA? Are you certain people here are practicing real TA? It's not just about drawing lines on charts; there's much more to it, just as there is with FA.

I respect all methods, as long as they are legal. I don't underestimate other approaches simply because I don't understand or favor them.