Breadfruit:
Please what is happening to Uniondac. Can someone explain in simple terms please.

Is it profit taking or something more sinister?

No big deal. It's heading back to 20kobo where it came from to pick the 2nd batch.

These extreme Penny stocks are the real deal for now.

Their volatility seems predictable.

Mpeace:
Ok na. Meanwhile sovrenin is call on those that missed the trap.

Na bearish period we dey. The stock try. The truth is dat eyes are already on uniondac, even if it goes back to 20k, pple will still be patronizing it.
So also STI.

Agbalowomeri:
The market will keep luring the TA faithfuls

...TA specialist works with market data and avoid any attempt of luring

PETERiCHY:
No big deal. It's heading back to 20kobo where it came from to pick the 2nd batch.

Secretly eying the second round.

PETERiCHY:


No big deal. It's heading back to 20kobo where it came from to pick the 2nd batch.

20k for where? Some of our Ogas here are getting ready to jump in once they see a little reversal. This stock is not Oando or Japaul that does free fall. The only sin Uniondac has is it's illiquid but trust me with this kind of result they produce, liquidity will be their name.

anyanwu58:



20k for where? Some of our Ogas here are getting ready to jump in once they see a little reversal. This stock is not Oando or Japaul that does free fall. The only sin Uniondac has is it's illiquid but trust me with this kind of result they produce, liquidity will be their name.

'Believability' is still a key factor here
Not yet uhuru

Ask Eterna

anyanwu58:



20k for where? Some of our Ogas here are getting ready to jump in once they see a little reversal. This stock is not Oando or Japaul that does free fall. The only sin Uniondac has is it's illiquid but trust me with this kind of result they produce, liquidity will be their name.

at the right price, most stocks are liquid!

Agbalowomeri:


'Believability' is still a key factor here
Not yet uhuru

Ask Eterna

Fear factor. Fear of the real real facts behind the figures.
But u can give it to uniondac, atleast they are not planning to raise cash by rights.

Mpeace:
Fear factor. Fear of the real real facts behind the figures.
But u can give it to uniondac, atleast they are not planning to raise cash by rights.

If we are very certain sha
But this one cannot smell near my radar

I noticed there isn't much conversation on Oil & Gas stocks here. What do you guys think?
SEPLAT at 650
FO at 23.0 (5 year low)
OANDO at 5.6

Skye bank has finally released its backlog of result.

sillysassysally:
I noticed there isn't much conversation on Oil & Gas stocks here. What do you guys think?
SEPLAT at 650
FO at 23.0 (5 year low)
OANDO at 5.6

FO does not do crude. There is something brewing as regards crude oil price. Possible US sanction on iran within the next 90days. Try to research on possible impact on crude oil prices.

Cadillac15:
Skye bank has finally released its backlog of result.

Hu go open de result for us. All those results fit chop all of my 10mb data.

Mpeace:
Hu go open de result for us. All those results fit chop all of my 10mb data.

where una see result o

Agbalowomeri:


where una see result o

http://www.nse.com.ng/Financial_NewsDocs/23389_NSE_TEST_COMPANY_FINANCIAL_STATEMENTS_AUGUST_2018.pdf

2014 and 2015. The rest are incoming

dont worry, when the mother of all bears hits the whole market, people go panic sell. then we show up with our mop.

Mcy56:
Jideflash weldone o. Una no allow STI come my junction.

DaV8King:

http://www.nse.com.ng/Financial_NewsDocs/23389_NSE_TEST_COMPANY_FINANCIAL_STATEMENTS_AUGUST_2018.pdf

2014 and 2015. The rest are incoming

Abeg people wey sabi book help us look this one

Thanks @ agbalowwomeri, mrcy56 anf peterichy for your comments. I really appreciate.


But this profit taking looks like dumping with over 15m units on offer and no bid. It's funny. I will also remain on standby then at 20k bus stop.

Breadfruit:
I will also remain on standby then at 20k bus stop.

I dont think it will get to 20k again before it reverses. I will say once it gets to 30k, you start buying if you so wish but if its 20k you want, no wahala, na NSE we dey, anything is possible.

Agbalowomeri:


If we are very certain sha
But this one cannot smell near my radar

that's why them call u agba now. leave indomie for boys

yom2:
that's why them call u agba now. leave indomie for boys

Lol. Na bigz boy he be o.

All these kobo kobo stocks are funny sha.. 15 million offer that’s not even up to 6 million naira.
Make una go beg tritritri to help una send am to full bid.

Breadfruit:
Thanks @ agbalowwomeri, mrcy56 anf peterichy for your comments. I really appreciate.


But this profit taking looks like dumping with over 15m units on offer and no bid. It's funny. I will also remain on standby then at 20k bus stop.

Looks like? That’s pure Janet.
It can reverse tomorrow sha

Yayira:


Looks like? That’s pure Janet.
It can reverse tomorrow sha

Sorry, i dont know all these slangs being used here.
But it sounds like you are saying it is pure dumping....

Yayira:


Looks like? That’s pure Janet.
It can reverse tomorrow sha

The money may have been made by those who bought in the early twenties. The stock market is just a tool to transfer money (wealth) from one person to another.

the only precious advice I have for NSEMPA family is to take a break from stock market now and lock your fund up in mutual funds and treasury bills.
The worst is yet to happen in the market, the news that CBN may increase MPR is for real couple with political tension in the country.

These two factors will prolong bearish period, so relax and save your money for better opportunities.

How can I start investing in stock market?

Dangflour is coming home to mama.
N4 is a BARGAIN.

samguru:
the only precious advice I have for NSEMPA family is to take a break from stock market now and lock your fund up in mutual funds and treasury bills.
The worst is yet to happen in the market, the news that CBN may increase MPR is for real couple with political tension in the country.

These two factors will prolong bearish period, so relax and save your money for better opportunities.

Gbam. Apart from short-term trading opportunities, take your money away and come back later maybe by January.