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- The Knight of Delta
"Pursue excellence and success will follow, pants down" - Ranchoddas Shamaldas Chanchad
"People do not have to believe in you for you to succeed. Work hard. When you succeed, they will believe." - Stephen Keshi
- The Knight of Delta
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Posted in Uncategorized
Warehousing and Distribution Support Limited is a player in the oil and gas downstream sector in Nigeria looking to raise N20 million as working capital for a period of one year.
The investment teaser has been attached. Send an email to me@knightofdelta.com...
- Minimum investment - N1 million
- Issue - One year secured callable note
- Fully collateralized and partnered with Skye trustees
- Coupon payment is 22.5% per annum payable quarterly
- Opening date - 15 July 2011
- Closing date - 29 July 2011
The investment teaser has been attached. Send an email to me@knightofdelta.com...
Posted in Uncategorized
The trading has started. I sold 9000 units of RT Briscoe today at N3.01 and bought 26,500 units of Aiico at N1.03. The cost of transactions caused a drag on the portfolio and it is underperforming both on a daily and inception-to-date bases.
Posted in Uncategorized
The portfolio is taking some serious hit but none of the stocks have hit the sell trigger. I bought 9000 units of RT Briscoe into the portfolio today.
There is nothing fundamental behind selecting this stock. The purchase is based purely on technical indicators. The addition of the stock has significantly driven the risk level of the portfolio up. But how can one make good returns without taking up a little risk here and there?
I am waiting for the market to rebound....
There is nothing fundamental behind selecting this stock. The purchase is based purely on technical indicators. The addition of the stock has significantly driven the risk level of the portfolio up. But how can one make good returns without taking up a little risk here and there?
I am waiting for the market to rebound....
Posted in Uncategorized
I did not buy any stock on the floor today. The portfolio took a hit but patience is the name of the game. I am eying another stock at the moment and waiting for the right signals pounce.
Meanwhile the portfolio is dragging behind the benchmark. Let's see how long this will last.
Meanwhile the portfolio is dragging behind the benchmark. Let's see how long this will last.
Posted in Uncategorized
I bought Japaul and Sterling bank today.
Japaul is selling at a forward PE of 6.46x compared with the weighted average market PE of about 14.91x. Dividend yield is estimated to be about 8.6%, which is close to the 1 year t-bill rate. The stock has a beta of 1.24, yet it has been resistant to the recent bears on the floor. This makes it an attractive stock to hold in the portfolio.
Sterling bank is selling at a forward PE of 4.62x while dividend yield is estimated to...
Japaul is selling at a forward PE of 6.46x compared with the weighted average market PE of about 14.91x. Dividend yield is estimated to be about 8.6%, which is close to the 1 year t-bill rate. The stock has a beta of 1.24, yet it has been resistant to the recent bears on the floor. This makes it an attractive stock to hold in the portfolio.
Sterling bank is selling at a forward PE of 4.62x while dividend yield is estimated to...
Recent Comments
Cool let the Fun &...



knightofdelta 

great work...