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Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 12:35pm On Jun 02, 2023 |
If your motivational speakers tell u afriprud will do N15, finger crossed! |
Re: Nigerian Stock Exchange Market Pick Alerts by seemples(f): 12:36pm On Jun 02, 2023 |
emmanuelewumi: YoungBuffet is a very old member here disguising. You'll be dismayed when you find out who's behind the moniker. |
Re: Nigerian Stock Exchange Market Pick Alerts by otokx(m): 12:36pm On Jun 02, 2023 |
It appears we are in a matter of time season. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 12:37pm On Jun 02, 2023 |
Harvestock01: It will pass $120 sef but not now, my indicators not saying now. It will tank first. |
Re: Nigerian Stock Exchange Market Pick Alerts by reucom: 12:45pm On Jun 02, 2023 |
Good people of this thread I greet you all. What is happening with First bank and 2023 dividends please? This is June 2 and we have not heard anything from First bank. This is worrying cos it is looking like they are having some serious issues. I'll appreciate your input about this. Thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by Mills55: 12:47pm On Jun 02, 2023 |
reucom: Go back and read. First bank result is out, 50 kobo dividend. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:04pm On Jun 02, 2023 |
UBA Market Structure Demonstrates Promising Prospects for Investors The prevailing structure of the UBA market exudes robust bullish tendencies. As evident on the monthly chart, the price trend is consistently making higher-highs and higher-lows. The 8.65 level has established itself as a strong level, historically acting as a formidable resistance level and on a one occasion, as a support level. After the high in January 2018, there has been a price retracement, and all subsequent five or more attempts to rally beyond 8.65 have invariably faced substantial resistance, consequently driving the price beneath this level. However, a shift was observed in the preceding month of May 2023, when UBA's price not only breached this persistent level but also managed to close at a higher-high - an event not witnessed in the past five years! In light of the recent price pullback mirroring the pattern from July 2017, the key question arises: Is UBA's share price primed for a vigorous rally, either with price resistance at 8.65 or a deeper correction to below 7.75? PLAN YOUR TRADES AND TRADE YOUR PLANS 7 Likes 1 Share
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Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:04pm On Jun 02, 2023 |
Mills55:Lol. When I said some people don't read, it looks like exaggeration and some are ready to abuse. Imagine fresh topic in discussion and someone still asking about it. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:09pm On Jun 02, 2023 |
Oga @BullBearMrk Pls help to check what AIRTEL chart is saying .... It didn't join the recent bull. Thanks sir. As for UBA and ACCESS, their case tire person. Imagine volumes upon volumes, yet prices moving around in circles..... If not for those bullion van guys, we don't know what would have happened by.now...but thanks for those charts.... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:17pm On Jun 02, 2023 |
yMcy56:I categorized them under valued stocks. Not for JIJO! Will check AIRTEL chart... |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:19pm On Jun 02, 2023 |
kolaish:We don't know the forces/factors holding Total down, it has been struggling for a long time despite the good results and positive news. Even during the SEPLAT time, it refused to shake body. Wonder what the likely issue is......but if my ogas said it's a matter of time, then we keep hoping. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:20pm On Jun 02, 2023 |
BullBearMkt:Chai boss!! See uppercut! Its okay o. Thanks for the clarification sir. |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:22pm On Jun 02, 2023 |
yMcy56:Oh no! I didn't mean it that way my dearest sis. |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:36pm On Jun 02, 2023 |
yMcy56:For AIRTEL, there will be some "IF's" 1. IF June ends below 1272, then price is likely going further down. But as the market is dynamic, price might create a "dummy" rally (as the tick line indicate) towards 1700, thereby forming a double top before the final fall. 2. IF June ends above 1272, then, that will indicate that AIRTEL decline will be around the current price and it will be looking for new support level. At the moment, the coast is not clear yet, but long term investors should be happy to continue to accumulate especially if price "mistakenly" touch 930. 3 Likes 1 Share
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Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 1:37pm On Jun 02, 2023 |
BullBearMkt: Much appreciated. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 1:45pm On Jun 02, 2023 |
yMcy56:Madam, oil dey ur head . Nothing else to add! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:57pm On Jun 02, 2023 |
BullBearMkt:Lol. Just joking boss. I know you can't do that. Well done sir. Thanks for the AIRTEL tips sir. * Thanks @thesilentone 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 2:04pm On Jun 02, 2023 |
I will add that there is a clear divergence on the weekly chart. Price appears to be heading north. BullBearMkt: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:04pm On Jun 02, 2023 |
FBNH: Several Bullion Vans on ground today..... The billionaires be like: Shebi you wan dump am because of 50kobo? We full ground for you today. BTW, you all are mentioning Oil & Gas stocks, is JAPAUL not also in Oil & Gas? Why did you deliberately omit it out? @Locodemy you dey see so? STANBIC officially moved up with +10% ......now @44! UACN @10..... PZ Up.......what's driving this PZ self? Sighted @18.40.. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 2:14pm On Jun 02, 2023 |
For some reason, I read this in Yoruba in my head as 'Se leya were ni?' yMcy56: 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:22pm On Jun 02, 2023 |
thesilentone:Lol. Shebi you said you Sabi dump because of the small something we throw at you ni? Una go meet your match today... Q1 2023 is out... Elephant na your mate? Just bring it on, we ready for you. https://doclib.ngxgroup.com/Financial_NewsDocs/38634_FBN_HOLDINGS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JUNE_2023.pdf 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:31pm On Jun 02, 2023 |
[/b] yMcy56: FBNH: Several Bullion Vans on ground today..... The billionaires be like: Shebi you wan dump am because of 50kobo? We full ground for you today. [b]BTW, you all are mentioning Oil & Gas stocks, is JAPAUL not also in Oil & Gas? Why did you deliberately omit it out? @Locodemy you dey see so? STANBIC officially moved up with +10% ......now @44! UACN @10..... PZ Up.......what's driving this PZ self? Sighted @18.40.. I sold out 5m units this afternoon as a result of fear only to see it up again.Anyway I still have almost triple of the quantity I sold. I no longer trust the market.The way Tinubu started his administration is painful. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:36pm On Jun 02, 2023 |
@ Mercy, is Japaul Gold still in oil and Gas? |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:41pm On Jun 02, 2023 |
locodemy:He was too anxious to jump into work, knowing how red dem cabals have painted the ground. ....but he meant well from the look of things. Things has been so bad that Nigerians can't avoid these initial pains, but gradually, it will be easing off hopefully. We should just be supporting him with prayers. At least things are looking up, he's well grounded/knowledgeable in the areas of àdministration, economics, finance and accounting. There's hope for the market. We pray God use him to right many wrongs. - My outlook of things so far. 3 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:50pm On Jun 02, 2023 |
ositadima1:No one is right or wrong when it has to do with this business. It is only Mr Time that decides that in future. |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:50pm On Jun 02, 2023 |
For those waiting on further bullish action. I suspect FPI's have taken a pause to get clarity on exchange rates especially those that currently have FX and not naira to deploy to the market at this moment. Seems LPI's have deployed their funds already or taking a pause too, assessing stuff. This pause may be a good time to do dd and do some further picks if one has spare funds. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:50pm On Jun 02, 2023 |
@Locodemy I edited my post here on JAPAUL. I don't have strength for argument with those who might label it as MH. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:58pm On Jun 02, 2023 |
yMcy56: I didn't see any income from oil and gas. Maybe the offshore business and renting of vessels will favour them now. Pls dig more of this and post.selling pressure is on me now if things are not in place. |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:01pm On Jun 02, 2023 |
yMcy56:You forgot to add corruption in the grounded matter, lol 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 3:02pm On Jun 02, 2023 |
On oil priced in $s, I think prices will remain flat or trend up in $s as long as there are no new step changes in alternatives for powering automobiles. Like the Sodium battery being developed by a Chinese firm succeeding in upstaging Lithium batteries with far cheaper prices coupled with other source of power breakthroughs outside fossil fuels. Sodium shares some similarities with its brother Lithium in the period table. And is more abundant but currently delivers lower power rates, but the Chinese firm is researching aggressively and has reached a stage that its $10,000 EV cars have already started selling. And it's still not relenting in research. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 3:09pm On Jun 02, 2023 |
locodemy:From time, I don't think JAPAUL has been involved directly in oil business but renders services to oil coys or so. The dredging biz has been the major source of income together with offshore services. Needs to update myself on its operations again. Will try and check.....you too can check. ** Sometimes ago, there was hope for the gold mining but we didn't hear anything thereafter again.... Buhari Govt wasn't serious at all. Doesn't take them anything to take the Gold mining serious but they prefer to steal what's already on ground and allow the Chinese to mine the mineral resources and carry the funds/proceeds away to develop their country. Lol. |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:20pm On Jun 02, 2023 |
Streetinvestor2: You did not answer my question, sir. I place a weight on every piece of information, so your answer can help me adjust the weightage I have assigned. |
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