mercylicious:


My dear, a friend alerted me to it this morning. Roe of over 60%

Thanks for your response.

On Skye: I do not expect a straight trajectory to N3.xx but I plan to exit within the N3.10 to N4.00 band. I have ample time to achieve that. That's where we are headed.

Modified: Baring unforeseen circumstances

Chai.... Na who dey pump NEM
Oga Nosa2 and Oracle, I dey see una handwork for NEM

mercylicious:
I don enter Skye oooo.

Pure gambling on mpc news. Dem carry Lagos state funds
.

How is it possible for u to enter wit 17 million bids against zero offer?
How I wish I got more when I did in February.
Can someone explain why the price is on a steady rise even without any visible activity on this Skye Bank?

Processor01:
32% banked already

Kudos.
31% banked, but wish I mopped up more than I did!

So the best time to enter a stock is when they are about their quarterly results?.................I tried to buy that skye when it was 2.17 but there was no offer............

feelamong:

that ROE has since dropped to like 24%

Sir what are your numbers based on? Audited 2014 results of Nestle places it in the range Mercy stated.

myjoy08:


Sell it this week? Absolutely No! UBA still has many upsides potential likewise some other banks when anti-banks policy is being ease or remove along their way...And on the other hand, it depends on when u enter and whether u have achieved your target?

In the voice of my friend, Sir Agba: why sell within one month for 12% when u can make more than 80% in the next 5 months...(The term applies to the smart traders)!

ok thank's, as at that time just let me know. what is price now(up or down)?

Chibuking81:
UBA is a good bank, but considering the camp of their CEO, I doubt whether the new government will favour them, for now I prefer first bank ahead of UBA, for now I don't have UBA in my portfolio.

understand me, if you have uba can you sell it now?.

UBA actually worth the wait........It will move soon and there is no bear signs on UBA for now................

And whats with the smiley............

Currently I have some gains on UBA but am not selling.........Dont panic,everything will be good..........

ihedioramma:
understand me, if you have uba can you sell it now?.

For the Traders in the house:

5 Trading Proverbs You Can Use

Like the people who drive it, markets can sometimes appear to act irrationally. As the economist John Maynard Keynes said, "Markets can remain irrational longer than you can remain solvent."

Many trading advice expressions have been coined to describe the dynamics of stock prices to remind us how to avoid traps and seize opportunities. Below, we've shared some of the most common maxims traders have used for decades to reflect important insights into speculation of market movement.

"The Trend is Your Friend"

Some traders believe they need to be different in order to be smart or make money. The challenge is that the trend is reality. It represents the collective actions of all market participants.

When the broad market is heading higher or moving lower, so are most of the stocks in it. This creates momentum. Rather than bucking the trend, acknowledge the direction of the overall market trend and plan your trades accordingly.

"Don't Try to Catch a Falling Knife"

This saying applies to buying a stock falling sharply. Just as it is dangerous to try and catch a knife falling to the floor, it is risky to buy a stock selling-off. If your analysis indicates that now is a good time to buy it, you should. But, don't buy just because it is "on sale". We've all seen that item in the store that is marked down 10% and three weeks later is marked down 25% or more. Purchasing these "sale" items early on can put a dent in your trading account.

"Buy on the Rumor and Sell on the News"

This saying reminds us that rumor can drive a rally or a sell-off in a stock. People are speculating on the impact of what they have heard and this is getting baked into the stock's price. If the rumors are proven to be true, then much of the impact may already be reflected in the price. If the rumors aren't true, this can also impact the stock because those rumors were likely priced into the stock. In short, remember that stocks often move on speculation and then adjust when the news is official.

"Be Fearful when Others are Greedy and Greedy only When Others are Fearful"

There are long term uptrends and downtrends, but at a certain point the market pendulum will change direction. Timing is difficult, but it is worth paying attention to those times when a company can seemingly do no wrong or when a company can do nothing right. During these times, think like a contrarian and don't become complacent.

This expression is counter to the idea that 'the trend is your friend', but it is really more of a reminder that every trend will ultimately end and it often seems to happen just when it feels like it will go on forever.

"Bull Markets Climb a Wall of Worry"

This expression highlights how markets often trend in spite of how people are feeling. What keeps a market moving higher is that there are more buyers entering the market. The opposite is true when a market keeps moving lower. If you're waiting for everyone to agree on the market, you could be waiting for a long time. Markets can go up when people are still queasy and can fall apart during seemingly good times.

Conclusion

It is no accident that these sayings have endured. They capture something about how people relate to markets and how markets affect people. These sayings would be long forgotten if they did not speak to deep market truths. Keep them in mind.


Source: Charles Schwab

The NEM and NASCON magics.

Experts here please help answer this question: How does NSE fix the last price of stocks? Or, better put, what qualifies a trade for last/closing price. Thanks

What is the best price to exit from Skye bank

Pls does anybody knows the possible price Nigerian police Micro finance bank will get to before markdown? Their qualification date is next week thursday
Secondly, what's the diffrence between qualification date and closure date?
Thank you

angelo82:
Currently I have some gains on UBA but am not selling.........Dont panic,everything will be good..........

JAH bless, dont forget to pm me the time you will be selling it.

Gud evenin every1 in d house, i cudnt help but post dis after i took notice...........wats happenin in LASACO 1.57 billion units traded today......i blive its a cross trade.......but wat else could it mean
Person suppose get eagle eye for this market else he nor go chop

Hello people, how market?

Could the prophet have seen dis earlier...Oya answer o0...even proshareng.com has been thrown into confusion right now!!

Sir, i gave the headlight sometimes late last year to do your due diligence . Don't worry, one penny stock will leave car park soon. Just watch very carefully when the volume keep rising in terms of its bids. Do your due diligence ooooooooooooooooooooooooooooooooooooooooo! Remember, information makes one money in NSE not fundamental alone.[/quote]

According to........ myjoy08
sir ur attention is needed

..."Keep your eyez on daily trade of penny stock and differentiate them by the volumes. Remember Ikeja Hotel from 0.61Kobo to 4 Plus(naira). We are making money this year (Facts). Do your due diligence and your personal decision is final "[/quote]

pls d gurus in d house should help us with analysis of dis latest CRR on nigeria banks.... impact negative or positive

myjoy08:
For the Traders in the house:

5 Trading Proverbs You Can Use

Like the people who drive it, markets can sometimes appear to act irrationally. As the economist John Maynard Keynes said, "Markets can remain irrational longer than you can remain solvent."

Many trading advice expressions have been coined to describe the dynamics of stock prices to remind us how to avoid traps and seize opportunities. Below, we've shared some of the most common maxims traders have used for decades to reflect important insights into speculation of market movement.

"The Trend is Your Friend"

Some traders believe they need to be different in order to be smart or make money. The challenge is that the trend is reality. It represents the collective actions of all market participants.

When the broad market is heading higher or moving lower, so are most of the stocks in it. This creates momentum. Rather than bucking the trend, acknowledge the direction of the overall market trend and plan your trades accordingly.

"Don't Try to Catch a Falling Knife"

This saying applies to buying a stock falling sharply. Just as it is dangerous to try and catch a knife falling to the floor, it is risky to buy a stock selling-off. If your analysis indicates that now is a good time to buy it, you should. But, don't buy just because it is "on sale". We've all seen that item in the store that is marked down 10% and three weeks later is marked down 25% or more. Purchasing these "sale" items early on can put a dent in your trading account.

"Buy on the Rumor and Sell on the News"

This saying reminds us that rumor can drive a rally or a sell-off in a stock. People are speculating on the impact of what they have heard and this is getting baked into the stock's price. If the rumors are proven to be true, then much of the impact may already be reflected in the price. If the rumors aren't true, this can also impact the stock because those rumors were likely priced into the stock. In short, remember that stocks often move on speculation and then adjust when the news is official.

"Be Fearful when Others are Greedy and Greedy only When Others are Fearful"

There are long term uptrends and downtrends, but at a certain point the market pendulum will change direction. Timing is difficult, but it is worth paying attention to those times when a company can seemingly do no wrong or when a company can do nothing right. During these times, think like a contrarian and don't become complacent.

This expression is counter to the idea that 'the trend is your friend', but it is really more of a reminder that every trend will ultimately end and it often seems to happen just when it feels like it will go on forever.

"Bull Markets Climb a Wall of Worry"

This expression highlights how markets often trend in spite of how people are feeling. What keeps a market moving higher is that there are more buyers entering the market. The opposite is true when a market keeps moving lower. If you're waiting for everyone to agree on the market, you could be waiting for a long time. Markets can go up when people are still queasy and can fall apart during seemingly good times.

Conclusion

It is no accident that these sayings have endured. They capture something about how people relate to markets and how markets affect people. These sayings would be long forgotten if they did not speak to deep market truths. Keep them in mind.


Source: Charles Schwab

Like the Lord, the market helps those who help themselves; but unlike the Lord, it does not forgive those who know not what they are doing! - Warren Buffett