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If you are already fully invested, then hold on tight and enjoy the ride that is bound to start in a few months' time, or even less. A few stocks will certainly do more than 50% but I don't know them.
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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 |
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as I have some small kobo kobo change gathered throughout the year ![]()
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"The only Real Wisdom is knowing you know Nothing" - Socrates - The Greek philosopher |
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![]() I'd take a closer look at Diamond bank though... And Oando is beginning to look like a sure bet. Yes, I said it Oando.
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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 |
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__________________
"The only Real Wisdom is knowing you know Nothing" - Socrates - The Greek philosopher |
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You just outed me. I be apprentice o. Seriously I'm impressed with what you guys are doing here and I must say kudos to the various ogas in the house. Some of us are 'passively active' on SMN learning the ropes from the ogas. Having lost almost all the tachere change I invested in the NSE in the 2008 meltdown, it took a forum like SMN to build up confidence again to thread the path of stock investment again and so far, no regrets yet. |
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OANDO!!!!! Funny thing is you most likely would make a killing
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"If you don't have ambition, you shouldn't be alive." Aliko Dangote |
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KOD na one of the few people on this planet wey go tell me to invest in stock wey I go listen BUT this e OANDO advise na die. The advise make sense oh BUT…
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"If you don't have ambition, you shouldn't be alive." Aliko Dangote |
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But what? I don't think i need more than the current units of this stock in my portfolio. I have more than enough of the stock. If they can pay a dividend of 2 Naira, i am okay. |
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It may be ok you bought earlier this month because you may not now get all the units you want easily.
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When you look at the risk reward matrix and how you mitigate such risks, I would rather BUY Presco than OandO. Who want to be associated with rogues Show me your friend and I will know who you are.OandO is a lost cause! I remember how Bello-Osagie and Tony were playing kalo kalo with shareholders of UBA with their yearly exceptional item! A leopard cannot change its spots. |
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"If you don't have ambition, you shouldn't be alive." Aliko Dangote |
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1) I think the management will be more careful with shareholder after the last fallout since they know of the implications. 2) The last exceptional item was actually spurious and not as a result of business activities. 3) Though a leopard does not change its skin it waits for the best time to strike. Definitely this is not the best time because of the palpable tension in air. I believe they will try to palate the shareholders for now. 4) Oando is not on outright loss position but rather mismanagement which can be address in the short term. I think that this call is confirmatory to my thinking hence buy for me. |
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