NewStats: 3,263,693 , 8,181,034 topics. Date: Saturday, 07 June 2025 at 10:35 AM 4l282q

Locotrader:
[/b]

Did you see my confessional statement when the Q1 result was released?

I will always cast any stock if I see anything wrong that will hinder my move.

Chams Japaul and Ellah are stocks with low revenues and low profit margins.until they change

Omo to dey follow you na like person wey hang behind trailer dey run for en back.

bastardson:


Omo to dey follow you na like person wey hang behind trailer dey run for en back.

Directors dealings everywhere

Tvegas:

Bro, he shouted Japaul with all his heart, did same with Ellah, the one I believed the most was CHAMS.

I actually did put money in there cuz he sounded like he got inside info on how CHAMS was doing.

I am still invested in Chams though

Locotrader:


That loan converted to equity no be dilution?

Go through the result they ed this morning at NSE site

Oh they just released new results. Why nobody post the result here
That means the result get k leg be dat

fashionnisir:


what is your out look for IB? ,did you cash at,N10

I still dey.I believe q2 results could push it to #15 though my new target is now #20 because NB is still moving north

Streetinvestor2:
Oh they just released new results. Why nobody post the result here
That means the result get k leg be dat

They didn't post it because it is from frying pan to fire.
They will start targeting Chuka Mordi forehead with catapult at their Annual general meeting

bastardson:


Bro, he shouted Japaul with all his heart, did same with Ellah, the one I believed the most was CHAMS.

Locotrader should not be held responsible for anyone's trading decision. Recommendations should be backed up with further research and personal conviction to buy.

That aside,Loco is one marketer worth studying. His work rate on his stocks can't be matched by anyone here. You will hear so much about the stock till you start trading the stock in your dreams .

Streetinvestor2:
I still dey.I believe q2 results could push it to #15 though my new target is now #20 because NB is still moving north

Brewery stocks are going to sweep ground in our presence.As the economy improves expect NB at 100,IB at 50 champion at 30.Timeframe is 3 years.As it is happening in Honeywell,so shall it be in those brewery stocks in the future

bastardson:


Bro, he shouted Japaul with all his heart, did same with Ellah, the one I believed the most was CHAMS.

I actually did put money in there cuz he sounded like he got inside info on how CHAMS was doing.

I am still invested in Chams though

And I am fully invested in chams too.Just convert your holdings to long term.When I see a new catalyst that will drive chams,I will and also take a new position

Locotrader:

Just ask God for mercy.
I bought one stock called upl on Monday at 5.10 and I never mentioned it here.
Now that I have mentioned it,if it pulls back tomorrow,they will say it's Loco.
If you can be smart in entering Loco's stock, to be smart exiting same stock than calling Loco this Loco that.

Loco will always gain influence even in the time of criticisms.If one or two persons accuse me for nothing,more than 90 persons will always be by my side.Na selfless work we dey do here for those who understand the game.

I can I have received a vote of thanks from you several times here.Na mercy we go ask God to sail through

😁😁😁

Oga Loco, how do you pick your stocks for trading?
Is it base on the fundamentals of the companies or you just buy and "ask God for mercy?" 😁😁

Agbalowomeri:
Directors dealings everywhere

Which companies beside banks

Tvegas:
Locotrader should not be held responsible for anyone's trading decision. Recommendations should be backed up with further research and personal conviction to buy.

That aside,Loco is one marketer worth studying. His work rate on his stocks can't be matched by anyone here. You will hear so much about the stock till you start seeing the stock in your dreams .

The guy is super marketer.He almost made me consider police bank for jijo but I no agree because I hate anything to do with police.
I come dey like his idea of less os for any company for jijo.I have pencilled down two because it is easy for management to manipulate such stock.
Note:Never a dead company. Mostly companies that are about to turn around for good.

Calebbold:


😁😁😁

Oga Loco, how do you pick your stocks for trading?
Is it base on the fundamental of the companies or you just buy and "ask God for mercy?" 😁😁

Make una no kill me for this thread...lol

I need to put more money in the jijo trading . It won't be bad if you dey collect like 5M and above in some of this jijo like loco..
The street is no longer smiling in this Tinubu government

edwardaigb:
Seriously, with little studying. You really don't need anyone calling out stock to buy.

Don't mind them, they should continue blaming @ Locotrader for their mistakes.

leo1234:


Don't mind them, they should continue blaming @ Locotrader for their mistakes.

No one is blaming Loco.. Only a phool would put his money into something without adequate research.

I am talking about how Loco uses all his ion and emotions to market something, and next thing you know, he changes his mind and jumps on something else and becomes ionate about it.

So don’t follow without taking caution.

I am always skeptical about low market cap stocks, so I don’t put money I can’t afford to loose in them.

My continuous play still remains ARADEL

bastardson:
No one is blaming Loco.. Only a phool would put his money into something without adequate research.

I am talking about how Loco uses all his ion and emotions to market something, and next thing you know, he changes his mind and jumps on something else and becomes ionate about it.

So don’t follow without taking caution.

I am always skeptical about low market cap stocks, so I don’t put money I can’t afford to loose in them.

My continuous play still remains ARADEL

I have started buying ARADEL too based on my little findings.

First Two Years Of New Governments And Stock Market Performance

JAGABANomics is helping the NGX grow?

Nigerians uninterested in stocks amid NGX’s 38% 2024 gain



https://nairametrics.com/2025/05/01/nigerians-uninterested-in-stocks-amid-ngxs-38-2024-gain/

Make dem continue to dey fall for MMM and CBEX 2.0
Rather than doing the work to learn about the stock market and how to build generational wealth in the long run, they will be looking for 100x in 30 days.

megawealth01:
Nigerians uninterested in stocks amid NGX’s 38% 2024 gain



https://nairametrics.com/2025/05/01/nigerians-uninterested-in-stocks-amid-ngxs-38-2024-gain/

in davido's voice :: don't play

Locotrader:

Just ask God for mercy.
I bought one stock called upl on Monday at 5.10 and I never mentioned it here.
Now that I have mentioned it,if it pulls back tomorrow,they will say it's Loco.
If you can be smart in entering Loco's stock, to be smart exiting same stock than calling Loco this Loco that.

Loco will always gain influence even in the time of criticisms.If one or two persons accuse me for nothing,more than 90 persons will always be by my side.Na selfless work we dey do here for those who understand the game.

I can I have received a vote of thanks from you several times here.Na mercy we go ask God to sail through

MECURE INDUSTRIES

delvzy:
Make dem continue to dey fall for MMM and CBEX 2.0
Rather than doing the work to learn about the stock market and how to build generational wealth in the long run, they will be looking for 100x in 30 days.

megawealth01:
First Two Years Of New Governments And Stock Market Performance

JAGABANomics is helping the NGX grow?

In real dollar will show the reverse

Agbalowomeri:


In real dollar will show the reverse

Let me talk like one of JAGABAN praise singers, are you spending dollars in Nigeria?

delvzy:
Make dem continue to dey fall for MMM and CBEX 2.0
Rather than doing the work to learn about the stock market and how to build generational wealth in the long run, they will be looking for 100x in 30 days.

How can one learn how to invest in the Nigerian Stock Market? Is it advisable? How stocks? Can one start small or you need substantial amounts first? I only know Bamboo and Chaka as platforms to buy stocks both Nigerian and US but the charges on Bamboo is much. I don't know why something like stocks that they want everyday people to be a part of will cost that much to get into especially for beginners. Also I hear about stocks paying dividends especially banks in Nigeria and makes me wonder if they pay the investors on Bamboo or just investors that ed with them at their banks.

I don't know how all these stuff works, would be glad if you helped out or anyone at all.

1. Is It Advisable to Invest in the Nigerian Stock Market?
✅ Yes — with caution and knowledge.
Nigerian stocks, especially banks (like GTCO, Zenith, UBA), can be good for long-term dividends.

That said, the market can be volatile due to political, currency, and economic instability.

Blue-chip stocks (established, stable companies) are usually the best place to start.

🌍 2. What About U.S. Stocks?
✅ Also advisable — if you’re investing long-term.
U.S. markets are more stable, diverse, and have global tech giants like Apple, Tesla, and Amazon.

Even fractional investing (buying a part of a stock) is possible with platforms like Trove, Risevest, and Chaka.

💸 3. Do You Need a Lot of Money to Start?
❌ No, you can start small.
With platforms like Bamboo, Chaka, and Trove, you can start with ₦5,000 – ₦10,000.

Some U.S. platforms let you invest as little as $5 or $10 in fractional shares.

💰 4. Why Are the Charges High on Bamboo?
You're right — Bamboo charges up to 1.5% for each trade and also applies FX (currency) conversion fees when moving money in and out. It's the cost of access to foreign markets, but it can eat into small investors’ gains.

💡 Tips:
Don’t trade often — buy and hold long-term.

Compare with Chaka, Trove, or folio (though some U.S. options now require VPN due to SEC rules).

🏦 5. Do You Get Dividends If You Buy Nigerian Stocks via Bamboo or Chaka?
✅ Yes — if you own the shares before the dividend qualification date, you’ll get paid.
These platforms are linked to the Central Securities Clearing System (CSCS) — same as traditional brokers.

Dividends are credited to your wallet on the platform or paid into your bank .

So, whether you buy through a bank or Bamboo/Chaka, you are a recognized shareholder.

📚 6. How Can You Learn to Invest?
Start with:
YouTube Channels: Naira Diary, Learn With Tee, Nigerian Investor

Books: “The Intelligent Investor” by Benjamin Graham (great for mindset)

NSE Website: www.ngxgroup.com — check for educational materials

Apps: Some apps like Risevest and Trove offer free learning content inside the app

🧠 Basic Beginner Advice:
Start with one stock — like a bank or telecom (Zenith, MTN).

Invest monthly, even if small.

Reinvest dividends.

Focus on learning, not just gains.

Bigwings22:


How can one learn how to invest in the Nigerian Stock Market? Is it advisable? How stocks? Can one start small or you need substantial amounts first? I only know Bamboo and Chaka as platforms to buy stocks both Nigerian and US but the charges on Bamboo is much. I don't know why something like stocks that they want everyday people to be a part of will cost that much to get into especially for beginners. Also I hear about stocks paying dividends especially banks in Nigeria and makes me wonder if they pay the investors on Bamboo or just investors that ed with them at their banks.

I don't know how all these stuff works, would be glad if you helped out or anyone at all.

Top Books on Stock Investing (With Brief Insights)
1. The Intelligent Investor – by Benjamin Graham
The foundational book of value investing.

Teaches you to invest with discipline, patience, and logic.

Introduces the idea of “Mr. Market” — a metaphor for market emotions.

Focuses on buying undervalued companies and holding long-term.

🧠 Warren Buffett called it the best investing book ever written.

2. Common Stocks and Uncommon Profits – by Philip Fisher
Focuses on qualitative analysis: management quality, innovation, and business growth potential.

Encourages long-term thinking and understanding company operations deeply.

3. One Up on Wall Street – by Peter Lynch
Shows how ordinary people can beat professional investors by investing in what they know.

Explains how to spot winning companies early, especially in everyday life.

Great for beginners looking for practical, real-world advice.

4. The Little Book of Common Sense Investing – by John C. Bogle
Advocates index fund investing: low-cost, diversified, long-term investing.

Teaches that time in the market beats timing the market.

Perfect for people who don’t want to pick individual stocks.

💡 John Bogle founded Vanguard and popularized index funds.

5. Rule #1 – by Phil Town
Simplifies the investing philosophy of Warren Buffett.

Breaks down how to analyze companies using a 4-part rule-based approach: Meaning, Moat, Management, and Margin of Safety.

Beginner-friendly and practical.

6. The Essays of Warren Buffett – by Warren Buffett (compiled by Lawrence Cunningham)
A curated collection of Buffett’s wisdom from his shareholder letters.

Covers everything from stock valuation to corporate governance.

Insightful if you want to think like a business owner when investing.

7. A Random Walk Down Wall Street – by Burton Malkiel
Advocates for efficient market theory: it’s hard to consistently beat the market.

Recommends diversification and ive investing.

Explains bubbles, market cycles, and behavioral pitfalls.

🎯 Want to Start With Just 1 or 2?
If you're a complete beginner, start with:

“The Little Book of Common Sense Investing” – for simplicity and index investing.

“One Up on Wall Street” – for learning to spot good companies in daily life.

Amarachibaby:
non pls recommend for me🤲🏾🤲🏾🤲🏾

megawealth01:


Let me talk like one of JAGABAN praise singers, are you spending dollars in Nigeria?

I really wouldn't have made any comment again. Because you have said it all and i quote "Let me talk like one of JAGABAN praise singers". So which just goes to to imply that you are just jiving and catching cruise. If you convert the so called gains made on NGX in dollar we are actually retrogressing. But, all the same we move. Any movement is a movement so far you are not stagnant.

Agbalowomeri:


In real dollar will show the reverse

In real dollar it is now slightly up if you use 750/$ as at May 2023.

NGX market cap as at May 2023 - 28 trillion naira (37.3 Billion USD)

NGX market cap as at May 2025 - 70 trillion naira (43.75 Billion USD).