Aktopgun, l rember asking u to shine ur candle light on TransExp. pls could u help me?

its bad to be guguru ooo

Quick advice pls!!!!!!!!!!!!


l want to sell few units of my Intercontinental Bank Shares and buy any of Insurance. l have Mbenefit or Unic in Mind. Pls advice on the most prefered. l want to send the order now pls.

@fATHEROF2,

HOPE U HAD A NICE BREAK. NA LIKE THIS END OF EACH QUARTER DEY BE? KINDLY LET ME HAVE UR CANDID THOTS.

I SEE SO MANY OPPOURTUNITIES!!!!

MyPeace:

Quick advice please!!!!!!!!!!!!


l want to sell few units of my Intercontinental Bank Shares and buy any of Insurance. l have Mbenefit or Unic in Mind. Please advice on the most prefered. l want to send the order now please.

Hold off on Mbenefit for now, and even unic,  until you figure the proper direction of most of the insurance coy,

Disclosure i own Mbenefit and Lasaco - and currently making a loss on Mbenefit - you really want it to bottom out before you make a leap.
And, about Transexpr the candles are somewhat not in favour (not totally concusive from my end) - i also hold a few of those that i bought at peak and making a loss as well. BUT, it seems to be seeing a resistance at current price and just Might swing up. The result should be out between April/May, so we might still some upside,

blueband:

Very interesting !Read between the lines.It says Banks are withdrawing money to balance their end of year accounts.Meaning that banks are heavily involved in speculations as well.Hmmmm, could this be the time to actually sell off and take position in some other stocks?

Wonder if that is why the banks are bleeding today.

Lemme go and read again.

Thx alot

for TransExp, how much profit do you expect them to declare to experience an upward movement?  Sorry for too much question.

@omoba

redstar, betaglass

@londoncool

NEM

@MYPEACE
GIRL, WAIT SMALL MAKE DEM UPLOAD THE CHARTS TODAY AND I'LL HAVE A LOOK AT IT

BY THE WAY HOW U GO DEY CALL URSELF GUGURU, NA LIE JO!!

thxt alot
am waiting

E be like say na today dem just dey slaughter easter chicken for floor. See blood!

@Easimoni,
RTBriscoe is N27.90 according to NigerianSecurities. I guess the closure date wasn't changed afterall!

@Alanbolo
Greetings from the Garden State, which part you dey?

Latest Market Info
BCC: MARKED DOWN 1:8 TODAY

TODAY BCC PRICE WAS ADJUSTED FOR A BONUS 0F 1:8
BCC closed down -5.490 at 43.920. Volume was 74% below average (consolidating) and Bollinger Bands were 37% wider than normal.

Latest Market Info
RTBRISCOE: ADJUSTED FOR DIVIDEND & BONUS

RTBRISCOE WAS ADJUSTED FOR A DIVIDEND OF 50K AND A BONUS OF 1 FOR 4.

EX-DIV & EX-SCRIP PRICE OF RTBRISCOE IS N27.90
RTBRISCOE closed down -7.480 at 27.900. Volume was 177% above average (trending) and Bollinger Bands were 87% wider than normal.

Femtex:

Latest Market Info
RTBRISCOE: ADJUSTED FOR DIVIDEND & BONUS

@Femtex
Thanks for this update,,,

NBA:

@Easimoni,
RTBriscoe is N27.90 according to NigerianSecurities. I guess the closure date wasn't changed afterall!

So it seems!

Looks like I'll be collecting a bonus for the 1st time. _{Crawls away to sullk}

Fellow members,anyone suffering a down leap in their portfolio due to d price correction being witnessed in the market,should as a matter of urgency look for funds so as to enter some stocks dat re good.This way u kan mk sm gd gains.while ur looses can be reduced.
Crying and mourning over d downtrend will nt bring ur money back.

THE AMOUNT OF RED THAT I CAN SEE ON THE FLOOR TODAY NO NORMAL O. I PLACE ORDER FOR SOME SHARES NA SO DEM JUS DEY ENTER RED DEY GO.

NA ONLY GOD MAKE I NO BUY LINKAGE ASSURANCE AND LASACO LIKE 2 WEEKS AGO, I FOR JUS DEY CRY LIKE BABY NOW.

SEE AS LIVESTOCK AND IKEJA HOTELS JUS LOSE 5%.

WHICH KAIN PANICKING BE THIS?

E BE LIKE SAY MAN GO LIKE CLOSE ALL OPEN POSITIONS UNTIL WHEN DEM DON SLAUGHTER BULLS FINISH EHN.

loma:

Interesting write-up on the Pension Fund and the Stock MArket.

http://allafrica.com/stories/200803250095.html

Thanks for link but I think the article is severely flawed (as a matter of fact, I'm worried about the quality of journalism in naija today. The way stories are written makes me shake my head). His point about pen funds being unable to invest in (potentially lucrative a la Chams) PPs which limits profits is well made. The points he made about Wema and Costain are unfounded. Smart investing is about what returns a coy will provide in the future, it's about finding a stock with a trailing PE of (say) 50 and a forward PE of (say) 10. Such a company is clearly turning things around and turn-arounds are the hallmarks of all major market success (including Mr Buffett and more recently John Paulson). Those who predicted Wema and Costain last year would have smiled to the bank (assuming you got out before TS) even though it seems Wema "cheated".

Anyway, I like the points but not the way it was made.

cj2008:

Fellow members,anyone suffering a down leap in their portfolio due to d price correction being witnessed in the market,should as a matter of urgency look for funds so as to enter some stocks that re good.This way u kan mk sm gd gains.while your looses can be reduced.
Crying and mourning over d downtrend will nt bring your money back.

So, which are those stocks to buy now?

stocknrock:

THE AMOUNT OF RED THAT I CAN SEE ON THE FLOOR TODAY NO NORMAL O. I PLACE ORDER FOR SOME SHARES NA SO DEM JUS DEY ENTER RED DEY GO.

My brother, if na like this end of quarter dey be na to look 4 money b4 end od every qtr to do major purchase. Plenty portfolios dey RED like ketchup including my own.

Na wa o!

@Fof2

I dey see BOC o! No cash to purchase.

If the fact that most companies are closing shop for 1st quarter is the reason why there is so much red on the floor of the exchange, then I undoubtedly expect this bear slashing to keep up until the end of the week.

I would advise novice investors buying on speculation to keep off the market atleast until next week, that way alot of buying opportunities can present themselves and it could be the resuscitation of the bulls.

Right now, I dont want to panic sell, but I hate seeing a 10% loss after purchase especially on a fundamentally sound stock.

PLUS.

someone gave me a rumour about prospective buyers in livestock feeds, thats why I went ahead to get it, dont know how true it is, but if someone has some news about it. Ill appreciate it. Thanks

For now.

UBA, FIRSTBANK, OCEANIC, DIAMOND AND FCMB ARE GOOD BUYS.

DISCLOSURE. I ONLY HAVE FIRSTBANK AND OCEANIC BUT LOOKING TO GET THE OTHER 3 AS SOON AS RESULTS ARE NEARING.

CAVEAT EMPTOR.

Please can any Guru in the house enlighten me about stock (buying shares)? I am a novice in the game. I would really appreciate anyone that will tell me about the pros and cons in the trade.

I advised someone to buy this Daar Communication Shares, but i don't really know how good it is, or the returns.

Which will a guru advise a novice to buy; the offer for subscription or the offer for sale.

Please your prompt reply(s) will be greatly appreciated, because i do not want  to lead another person in the path i have not thread.

Cheers!

its unfortunate u know, if not for all the unpalatable goings on here over the easter, one could have warned his fellas and fellettes about some impending drops but no, not only were we shut down, we cant even upload pictures   _{sobbing in corner}

Ikeja hotels for example did a doji on thursday after its recent climb and that sent my alarm bells ringing on my computer but i was so tied up between SMN and here ovr the holidays (apart from other easter festivities  ) that i forgot to point it out . SORRY GUYS. i kinda got disillusioned when i couldnt post pictures

@mypeace

transexp has reached its support are and looks to be consolidating around there. it looks unlikely it will drop much further but i've been wrong before and probably will be again  

let me check to see if u are on my caveats list, i dey come  

chukwu nna ooooo, chei, o gini na-eme

See all my greens dey turn to red fast fast. solid stocks just dey show face but no money to attack, na to forget about about NSE and come back in 2 months time. Anyway sha, God dey, no be bank money.

Keziah:

Please can any Guru in the house enlighten me about stock (buying shares)? I am a novice in the game. I would really appreciate anyone that will tell me about the pros and cons in the trade. Not to be flippant but the "pros and cons" is that the market goes up and down! The stock market is the best tool for creating wealth and is open to all people. You can read this thread, all 700 pages of it for really good advice. Also try the "university" section of investopedia.com and learn about fundamental analysis and technical analysis

I advised someone to buy this Daar Communication Shares, but i don't really know how good it is, or the returns. It think the consensus is there have been and will be better deals than Daar. I'd also suggest that all newbies avoid PPs until you get a feel for the market. I've been in the NSE since Dec 04 and just bought my first PP last month. If you must get a PP, Omatek is ongoing, try to find a contact at Afribank Capital (don't ask me, I have none and I'm not doing this PP - no kishi)

Which will a guru advise a novice to buy; the offer for subscription or the offer for sale. See above

Please your prompt reply(s) will be greatly appreciated, because i do not want  to lead another person in the path i have not thread. I don't accept thanks, gimme 10% of your money!   (just kidding)

Cheers!

See my respones in blue text.

Prof.Grange resigns as Health minister.
She was a very good teacher.Taufght us Paediatrics and also taught us about moral ethics.

As Minister of Health,she was accussed of not returning surplus money to the federation account"

Artopgun

l appreciate it.

debenzd:

@Fof2

I dey see BOC o! No cash to purchase.

ARE YOU LOOKING AT BETAGLASS AS WELL?

@ MyPeace (love the username by the way),
I'd buy them both, I'm assuming you're in it for the long term anyway,

UNTL is it time to buy or time to vamus. i need valid analysis and evaluation.

@esco
Thx.
yes l will be in for long term if l buy any.