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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 11:28am On May 22, 2020
meshpips:


That price is the Volume Adjusted Price for this week.

Zenith has a cumulative net sell volume currently. So if it hits the level and closes next week with a bearish body, it will CERTAINLY go down to retest the 11.90 support.

Thanks for this and for always sharing your thoughts irrespective of the reception it gets...

I've added volume adjusted price to my 'things to learn' list...

5 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 9:54am On May 22, 2020
meshpips:
ZENITH will face its litmus test today.

Let's see what happens after it touches 17.44

If the next week closes with a bearish body the we will of necessity see 11.90 and possibly lower.

All the best everyone!

Good day boss...

Just had a look at the charts...

There's a resistance at 17.40 thereabout but I'm not sure it's a major resistance... Maybe I'm not looking at the right time frame or using the indicators you used but can you throw more light on this...

#iAmLearning...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 2:14pm On May 20, 2020
Redstar express....

Silently doing the deed...
grin

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 1:30pm On May 18, 2020
Caverton offshores' Board meeting 21st May (Thursday) after which FY2019 and possible dividend will be declared...

Still waiting for NAHCO to announce the date of theirs...

Fingers crossed...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 2:29pm On May 17, 2020
leo1234:


Compare WAPCO and UBA Q1 report.

Uchetoba:
Things with over 200% growth are yet to rally. Let's see how goes this week.

Would be helpful if you were explicit...
Don't make me start doing a vertical analysis looking for wetin no lost Abeg...

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 2:32pm On May 12, 2020
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 10:48am On May 12, 2020

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 9:10pm On May 11, 2020

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 4:50pm On May 11, 2020
CAVEAT: This is not a serious post. Be warned...

Something is 'paining' me...

It is doing me one kain one kain... Please if anyone knows the MD, CEO or Company secretary of Presco and Okomu oil palm, help me remind them that we are in the 21st century...

Each time I try to read through their reports, the impression I get is that they went to type it across the street at a business centre and then sent the photocopy to NSE for publication...

Haba... Let them buy computer for their secretary. I'm sure he or she will do a better job at producing an aesthetic report rather than the business centre operator.

Thanks

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 1:43pm On May 08, 2020
ositadima1:

Can you do that on yours? How do you do it.

Note, I have chrome, puffin, Mozills, UC, and opera.

I use chrome.
If you click on the little triangle beside the stock ticker, then click on market orders and then select if you want it displayed by price or by order...

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 10:34am On May 07, 2020
Mr or Mrs/Miss systematic redstar express dumper is back at it today...

NEVER less than N2.8 and never more than 99,500 units....

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 2:25pm On May 06, 2020
debeey87:
It will likely close at 3 naira. 100,000 unit was transacted in one of the trades at 3 nairan

Yeah... That's the exact point... After securing that price move someone started steadily offloading at 2.80 with maximum units per transaction of 99,500...

What do I know though...
We wait for the results in July...

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 12:58pm On May 06, 2020
NSE ASI goes above the proverbial 24,000...
Lets see if it stays up there and if the NSEMPA famous 10 10% has come to stay...

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 12:56pm On May 06, 2020
DeRuggedProf:
Sterling. Masquerade MM.. grin grin grin

Its probably a bot that places those trades...
No one will have the time to manually place each of those trades...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 12:36pm On May 06, 2020
DrAwo:
Redstar express is pulling some serious volume today...
Interesting...

There is more to this than meets the eyes... Someone is possibly smartly dumping his/her position here in a way that wouldn't affect the close price for the day...

There is something fishy here...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 12:25pm On May 06, 2020
Caverton on full bid...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 12:03pm On May 06, 2020
Redstar express is pulling some serious volume today...
Interesting...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 11:56am On May 06, 2020
Round 2 starting gradually...

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 11:25am On May 06, 2020
Momentum seems to be slowing up generally now...
Gtb still firing on all cylinders....
Round 2 in the making

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 11:09am On May 06, 2020
Zenith bounced off resistance at 15.95...
We'll see if it can retest that level again today...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 11:00am On May 06, 2020
Market on steroids...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:40pm On May 05, 2020
@Pa Emma...

At what value monitarily would you advise that one diversifies his/her portfolio from being stock/shares only to include other vehicles such as bonds and treasury bills?

Anyone with informed opinion can answer as well...

Thanks

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 1:02pm On May 05, 2020
Bid for 1million units of Caverton sighted... shocked
Shooooo...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 7:28pm On May 04, 2020

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 4:10pm On May 04, 2020
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 3:40pm On Apr 30, 2020
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 12:26pm On Apr 30, 2020
@Circleofwilis
I see you lurking about in the shadows, monitoring things... I hail...
May you never become aneurysmal...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 10:06am On Apr 29, 2020
rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29817_VITAFOAM_NIG_PLC._FINANCIAL_STATEMENTS_APRIL_2020.pdf

Marked reduction in cost of sales quarter on quarter... How was this achieved?? Cheaper raw materials?? How sustainable is this going forward?

Good result though...

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 10:57pm On Apr 28, 2020
gabscity:


I disagree a little bro. The breweries are making huge money but they can never do well with the present PMB administration. Guinness for the example is making mega bulk from stout and spirits, NB doing very well in Beer( Heneiken, 33, Goldberg). If it was possible for Buhari, he will stop the breweries from operations completely. For me, We would likely see more lows in this industry.
maishai:


I believe its more of Govt policies not favouring this Industry, same with Petroleum Marketing.............Between this 3 I believe they have got the R&grin to match any thing the Alomo bitters of this world have to offer, I saw what Origin did for Guiness....... The Industry has lobbied relentlessly for waivers from this Government but no deal has been brokered hence their poor Showing....... This stocks are what I call Election stocks for now as their hopes for a rise hinges on a change in Govt policies

I have just gone through the transcript of their H1 2020 investor conference call and I can see your point now... Seems the increase in excise duties has contracted their margins... Thanks for the eye opener...

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 9:39pm On Apr 28, 2020
gabscity:


I disagree a little bro. The breweries are making huge money but they can never do well with the present PMB administration. Guinness for the example is making mega bulk from stout and spirits, NB doing very well in Beer( Heneiken, 33, Goldberg). If it was possible for Buhari, he will stop the breweries from operations completely. For me, We would likely see more lows in this industry.

I honestly do appreciate your opinion and insight... But how has the PMB regime directly impacted the brewers negatively?

Looking at the top line of all the 3 major brewers in their recently released results, there has barely been any growth at all in their revenues year on year... Not sure how this can be attributed to PMB...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 8:00pm On Apr 28, 2020
eimuhb:
What is driving Guinness 52 week low price?
Coolcash1:


How are the mighty fallen. Will IB ever rise again?

The Nigerian beer market is facing stiff competition from the imported spirits, wines and vodka which the younger generation who drink tend to align more with these days...

The 3 major brewers (NB, IB and Guinness... In no particular order) are also jostling amongst themselves for market share...

They need to start thinking of diversifying...

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:33pm On Apr 28, 2020

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