sellydion:
Jamace Drybone must rise again

He's the chairman of the association.

One newbie placed 15k units bid, 5k filled already, if you're here just know you're on your own o.

WAPCO has to defend the cross of a round number 17:00

Mcy56:
Normal trading so far............
Pullback witnessed early in Wapco at btw 16.90 and 17...

Good day bosses,
Pls what is the expected profit for Access Bank that will drive their price northward;
N70billion, N80billion....etc

rebekah2011:
Please do not sell ooooooo. You will make good money if you waited for the release of their audited accounts

Agbalowomeri:


He is here

As Ugosample

sellydion:
Jamace Drybone must rise again

I'm not in this dry bone o.

PS: Change of ownership/management suspected.

Mcy56:
Access is this, Access is that. Is it spirits that are queuing up to buy it? Just a kwesion o.
Jijoists are watching this space. Keep it coming ----down.

*Not to take as any recommendation pls. Just observation*

I get serious interest with my Afolabi stuff.

BIG SMART GUY!

Bomboclad:
The next two weeks (maybe 3....nothing is certain in the NSE) should be good for WAPCO. It would go past N16.5 before retracing and moving on to N18 or beyond. Unfortunately, the return is still not as good as some key stocks on my radar. Its a good long-term stock due to imminent good dividends, but if you are greedy and skillful, then join me in playing some interesting "Snake & Ladder".

Let me go on recess for a few weeks, but just so we know, I predict Access would be a big winner soon; same for FCMB, WAPCO, FBNH and many others. Not a recommendation ......

Pull Bcks...
Waitin for Zenith below N=20
For Dividend...
Pick some Nestle @ N1300.60
Time to sharpen battle axe
4 some good picks...

Please house, Is it compulsory to fill the CSCS Clearing number?

Panic sell in Zee.........
Wapco............defence at the 17 naira junction...
Access.........not a free fall as expected........ price pullback to 10.... investors buy for different reasons.
Slight pull back in fbnh and gtb..........investors still mopping GT at 32.10.........

Paulfroshman:
Please house, Is it compulsory to fill the CSCS Clearing number?

Yes. It's compulsory
You can find it in your trading account.
It's different from CSCS number.

Mcy56:
Panic sell in Zee.........
Wapco............defence at the 17 naira junction...
Access.........not a free fall as expected........ price pullback to 10.... investors buy for different reasons.
Slight pull back in fbnh and gtb..........investors still mopping GT at 32.10.........

Live from Mcyland ..
Thanks for the update

lancee:
Live from Mcyland ..
Thanks for the update

Lol. The news circulation of Wigwe's sales is sending wrong signal to both Access investors and the banking sector.
More reason investors should have individual strategy, so that 'noise' wouldnt get to them.
Same people fleeing will still come back to queue for it in later days.

GTB, UBA, Fidelity are still defending their share prices nonetheless.

Weeeen + Weeeen = Weeeeeeeeeeeeeeeeen!

EKUU market

ACCESS ==> #9.7

I have just sold FBNH @ #7.25, but for dvividends, i would have made a loss. I was holding at a historical (all the way from P.O of 2007) average of #7.6

#GoodRiddanceToBadRubbish

Access:
It's not the end of the world. These are cycles.
That some are selling at below N10 doesnt mean they're selling at loss. Even if some sell at N8, they'll still be selling at profit.
I just think he did it at the wrong time..........but opportunities must be created.
Let the "I told you so" laugh while it lasted.

Mcy56:

Lol. The news circulation of Wigwe's sales is sending wrong signal to both Access investors and the banking sector.
More reason investors should have individual strategy, so that 'noise' wouldnt get to them.
Same people fleeing will still come back to queue for it in later days.

There was a strong negative divergence on banking stocks TA. You won't understand.

Agba saw it last week. FXUSER knew about it 2 weeks like I did. While I was talking ' half empty', FXUSER was talking half full. Though that is how TA works at times. Most of the breakouts were just to trap people.

I'm sure BBM must have seen it as well.

RabbiDoracle:




There was a strong negative divergence on banking stocks TA. You won't understand.

Agba saw it last week. FXUSER knew about it 2 weeks like I did. While I was talking ' half empty', FXUSER was talking half full. Though that is how TA works at times. Most of the breakouts were just to trap people.

I'm sure BBM must have seen it as well.

while you might be right, am also of the opinion that HW selling his shares brought the present Tsunami and nothing else.

RabbiDoracle:




There was a strong negative divergence on banking stocks TA. You won't understand.

Agba saw it last week. FXUSER knew about it 2 weeks like I did. While I was talking ' half empty', FXUSER was talking half full. Though that is how TA works at times. Most of the breakouts were just to trap people.

I'm sure BBM must have seen it as well.

Let's wait for what the data will talk
Time surely smoothen out noise Lol

Humm,

The whole market just hit a resistance. If this is not broken, down it goes.

We are waiting for it to break. Then the market move on. I am in strong stocks and

my margin of safety is quite good. No shaking or panicking here

RabbiDoracle:




There was a strong negative divergence on banking stocks TA. You won't understand.

Agba saw it last week. FXUSER knew about it 2 weeks like I did. While I was talking ' half empty', FXUSER was talking half full. Though that is how TA works at times. Most of the breakouts were just to trap people.

I'm sure BBM must have seen it as well.

RabbiDoracle:




There was a strong negative divergence on banking stocks TA. You won't understand.

Agba saw it last week. FXUSER knew about it 2 weeks like I did. While I was talking ' half empty', FXUSER was talking half full. Though that is how TA works at times. Most of the breakouts were just to trap people.

I'm sure BBM must have seen it as well.

I might not be good in TA, but my gut/instinct notified me about this info. Reason i had to quickly sell my FBNH at 7.35.
One can always buy later. Cash is king.

Mcy56:

Lol. The news circulation of Wigwe's sales is sending wrong signal to both Access investors and the banking sector.
More reason investors should have individual strategy, so that 'noise' wouldnt get to them.
Same people fleeing will still come back to queue for it in later days.

GTB, UBA, Fidelity are still defending their share prices nonetheless.

Market thrives on information. Do you think that all those selling are fools? In Nigeria, at times it is better to leap before you look to avoid stories that touches the heart.

Mcy56:

Lol. The news circulation of Wigwe's sales is sending wrong signal to both Access investors and the banking sector.
More reason investors should have individual strategy, so that 'noise' wouldnt get to them.
Same people fleeing will still come back to queue for it in later days.

GTB, UBA, Fidelity are still defending their share prices nonetheless.

Nse !!
U re right ..Fleeing on loss , coming to buy again cos of div expectation ..higher
Addictn ..not giving up ..wanting to re-coup loses by all means

Zenith...........done with pull back............reversing ------up..........

kolaish:
Market thrives on information. Do you think that all those selling are fools? In Nigeria, at times it is better to leap before you look to avoid stories that touches the heart.

That was what happen pre election last yr and those that were not fools were dumping left and right, what happened in the end? We end up making monies we that are fools As slow as Jim do him walk, the stock still got to 26 and las las guys smiled so no shaking

kolaish:
Market thrives on information. Do you think that all those selling are fools? In Nigeria, at times it is better to leap before you look to avoid stories that touches the heart.

You're right sir.
.......but what I observed is that some are mopping as some are selling in panic. Even at 9.70 now.
So, at times, its better to look before you leap too.
My question is: What suddenly happened to the fundamentals?

UBA doing 8.80 now..............

Abeg guys,

Any update on the DANGCEM EGM that took place today?

RabbiDoracle:




There was a strong negative divergence on banking stocks TA. You won't understand.

Agba saw it last week. FXUSER knew about it 2 weeks like I did. While I was talking ' half empty', FXUSER was talking half full. Though that is how TA works at times. Most of the breakouts were just to trap people.

I'm sure BBM must have seen it as well.

Negative divergence or not just agree that you left the market too early. Most stocks has gained between 15 to 30% from your exit price and are still oscillating within that price range.

GBAM.that is the point my brother. He is just Adamant and postulating what I cant understand.

PETERiCHY:


Negative divergence or not just agree that you left the market too early. Most stocks has gained between 15 to 30% from your exit price and are still oscillating within that price range.

Mcy56:

You're right sir.
.......but what I observed is that some are mopping as some are selling in panic. Even at 9.70 now.
So, at times, its better to look before you leap too.
My question is: What suddenly happened to the fundamentals?

Fundamentals...….?

If you want to invest in any share based on the fundamentals, you also need to have a grasp of the narrative driving every number that is presented. You don't need to watch the video below but follow the speaker, Aswath Damodaram. He explains this well in series of YouTube video.


https://www.youtube.com/watch?v=MN1RU9i3ngg