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Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:18pm On Jun 22, 2020 |
Heishere: The NSE you are trading get straight leg 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 10:20pm On Jun 22, 2020 |
RabbiDoracle: I have told him. .....Bonanza may have come already 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 10:22pm On Jun 22, 2020 |
RabbiDoracle: È ku market ooooo. Powell is doing his own QE here and we are enjoying it lol. Nasdaq all time high and we are still ripping high lol |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:29pm On Jun 22, 2020 |
BullBearMkt: 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 10:30pm On Jun 22, 2020 |
Chibuking81: Peter bought some tranches of his Guinness at km 20......hope he has jumped out |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:30pm On Jun 22, 2020 |
ukay2:Pls explain more, are you foreseen bull with expectations and releasing of q2 result next month? |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:35pm On Jun 22, 2020 |
PETERiCHY: For those interested in OANDO the game has changed to buying at circa N1.50k and selling at circa N2. PATIENCE is KEY! BARGAIN HUNTERS TAKE NOTE! 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:39pm On Jun 22, 2020 |
ukay2: Yes you BUY in TRANCHES and SELL in TRANCHES. The KEY thing is don't run out of BULLETS else you will taken CAPTIVE to the land of BABYLON 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 10:42pm On Jun 22, 2020 |
Chibuking81: Peter has no investment in the NSE...and if he does, I can guarantee you that he ends every year with more than 40%-50% capital loss. AUDIO profits 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 10:49pm On Jun 22, 2020 |
Chibuking81: I am saying we may not see any serious bear again as business and banks are already adapting to the pandemic era...EXCEPT there is a massive sharp increase in case fatalities of Covid-19 in Nigeria Remember FAAC revenue (without Aviation and poor crude prices) has been in range of 400-600 billion in this pandemic The seemingly poor Q2 results have been priced in already . .... Interim dividends from FUGAZ (except F) will still be released with fair Q2 results and invectors are already positioning or positioned themselves. .... Aviation sector is on a long thing. ...... 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 10:52pm On Jun 22, 2020 |
PETERiCHY: Well done Sir...... 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 10:53pm On Jun 22, 2020 |
stcool: Not so.... He has good investment in NSE and cashing out big too.... 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 10:58pm On Jun 22, 2020 |
Sovereign Trust Insurance Plc has recorded a 46 per cent increase in profit after tax for the financial year ended December 2019. The insurance firm, in its audited report filed with the Nigerian Stock Exchange, said its profit after tax grew to N503.38m from N344.24m in 2018, representing a growth of 46 per cent. Its profit before tax stood at N819.01m for the financial year as against the N540.554m recorded in 2018, a 52 per cent growth. https://punchng.com/sovereign-trust-reports-46-rise-in-annual-profit/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:58pm On Jun 22, 2020 |
ukay2:Good Yes banking sector result will be Fair, remember there is vacuum created by the pandemic which will still surface in form of recession in the coming months, most of spending was borrowing not really our income but debt. Importing activities which was one of cash caw or money making machine of banks was almost totally down, between the month of April to June, unless the manipulate their result as usually, which the might not manipulate as much. Remember, IMF advised bank to suspend dividend payment in 2020. Most companies like, Cham, Cutix didn't even declare dividend, company like JB declared and later cut down what they declared, stock like AIICO only declared bonus. Interim dividend might not come this time, or come in reduction mode. https://nairametrics.com/2020/05/28/imf-advises-banks-to-suspend-dividend-payment/ |
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 11:08pm On Jun 22, 2020 |
stcool: You are seeing what I saw. Bargain sheeps take note. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:21pm On Jun 22, 2020 |
PETERiCHY: |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:23pm On Jun 22, 2020 |
He is patience by name ukay2: |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:24pm On Jun 22, 2020 |
stcool: |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:27pm On Jun 22, 2020 |
leo1234:Bargain sheep or sheepie |
Re: Nigerian Stock Exchange Market Pick Alerts by 1kinggy(m): 12:40am On Jun 23, 2020 |
locodemy: |
Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 4:11am On Jun 23, 2020 |
onegentleguy: Forgive me in advance for quoting you, but if people can’t see Neimeth was a classic case of pump and dump, then we must be deceiving ourselves here. How much was traded volume wise? How much was used to raise the price to it’s highest price? 1 NSEMPA small chairman is enough to do it. We can do all the analysis we want to do, the fundamentals in my opinion did not justify that rise in price. Potential for return? Lol. Return on hope? Faith? 7 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 4:20am On Jun 23, 2020 |
megawealth01: Hahahahahahahahaha I am sorry I am laughing, but it’s just too funny. My People no dey hear word. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:06am On Jun 23, 2020 |
Chibuking81: Chibuking.Rember you said none of the activities in the country is doing well.That means those who wants to make money now depends on the online incomes to survive.I am trying to agree with oracle for a minor bull not a heavy one as he has been lamenting. The last move in the market before this pullback helped us to float money in the country despite the pandemic.There will always be minor bulls from time to time to assist the economy a bit. I want to draw your attention to the heavy cross deals witnessed last week.That is enough to tell you that there is always a breakout after consolidations.For example,check the price of fcmb last week and check the price as at yesterday.Did you witness the movement of the trades yesterday?There were other stocks that did same yesterday.Technicals is one of the signs that tells me where to go.I am seeing a bullish one these days. Mind you,none of the Q2 results will be out by July.If there will be,expect results from the last week of July through August.This is another indication to tell you there will be minor bull that will take place before then. One problem is when everyone is hoping for a bull,it doesn't come but when you lest expect,it surfaces.I will like us to be pessimistic over the market now so that Mr market can do it's things right. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:23am On Jun 23, 2020 |
Chibuking81: Calm down and follow this market with charts now.Dont rely much on fundamentals else you will be lost. Oracle told me last time that I may not know when the peak of the stocks will come and I asked him do you think I will not know?What will help me to know is charts. The bears will come when everyone is buying heavily sometime this year and I am sure it gonna be when you are shouting bull bull. Be very smart bro. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:42am On Jun 23, 2020 |
GonFreecss1: Health sector is doing well globally.If you rely on fundamentals to justify a stock this era,you may miss a lot of opportunities. This stock you are talking about has delivered and delivered means delivered.Any other thing you are saying has nothing to do with people who have chop and cleaned mouth and hoping for another ride. Neimeth's pullback is almost done.you will still see another rally. Watch how the health sector suddenly turns liquid and technicals building stronger.Infact there will be serious bears when fundamentals return to the market sometime this year. 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 5:59am On Jun 23, 2020 |
locodemy: Sir. Forget the FA vs TA for now. I am talking about the Volume and number of shares sold na. Why are we talking as if is not human beings that buy at these prices for you to cash out and claim profit? When a small amount of money is moving the price of something what else is there to it than unsustainable P and D? Lol! Analysis? How much did the other pharmaceutical companies move? Or does Neimeth suddenly have better fundamentals than them? What actually moves TA? TA? ���� 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by dinyelutochukwu: 6:02am On Jun 23, 2020 |
stcool:On the contrary, he does. However, experience shows that he is quite unstable. Follow him at your own peril. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by dinyelutochukwu: 6:07am On Jun 23, 2020 |
GonFreecss1:You’ve just echoed my concerns with NEIMETH. That stock lacks the volumes required for such a Bull-run. But like Loco rightly said, those who have cashed out are smiling to the bank. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:09am On Jun 23, 2020 |
GonFreecss1: It is a small cap stock with free float issues.You don't expect it to trade more than it traded. What moves stocks in that way is TA and sentiments.It has happened to Transcorp and livestock in the past if you remember. So what do you have to say about that? 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:22am On Jun 23, 2020 |
dinyelutochukwu: I had 1.2m units of that stock which I offloaded in one day.If I have up to 10m units,I would have offloaded it too 'cos the bids of the stock was in millions then. Even the 1.2m units,I was not able to buy them in one day,it took me many days to get quite a number likewise jaiz bank took me many days to get a volume of it and I offloaded in one day.when the number of os at the floor is less than 30% of total os,it becomes a liquidity issue. Some stocks are not available for people to buy and buyers are not also interested.Buyers are willing for Neimeth shares and that's why it did 10 10% for almost 3 weeks. What anyone who is concern should do is to tackle the mgt to release more of the shares to the market.Free float deficiency is what we are battling in most Nigerian stocks. I am seeing that coming to Japaul in the coming days after their right issue. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:51am On Jun 23, 2020 |
DrAwo:https://nairametrics.com/2020/06/23/exclusive-best-bank-in-nigeria-judging-by-the-numbers/ Good to see that Nairameteics agrees with my assertion... 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 7:08am On Jun 23, 2020 |
dinyelutochukwu: Of course. Doesn’t still change genuine concerns. If the volume was significant, I won’t even bother, makes me question how much was actually made. With that volume do you think someone would have put in 3 million naira and seen it to cash out easily? With this you begin to see it was most likely NSEMPA members who bought, and they were quite few or many people putting 30-50K. Lol! Me I am just after the truth and facts o. Nothing more. 1 Like |
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