Dexterax:
@Myjoy08

Please gimme your stock picks for next week.

In oga's voice:

Cough cough

Hello My Good Family of Nairaland, don't be discouraged by the present bearish of the market, i just hope some are taken position ahead of the turn around within days. Remember it is not matter how you started but how best you finish it. This means everything will surely end well. Watch out again as usual for this stocks...

Fidelity*
Mutual Benefit
Eterna*
Skye Bank
Sterling Bank
Aiico*
Wapic*
UBCAP
Fidson
Oando*
Transcorp*
Livestock *(I hope people familiar with UACN will understand this)
FO

Please do your due diligence as u wish to cherry picks on all these! Please not a recommendation to buy or sell!!!!!!!!!!!!! Best of luck!

Aks:
@Dexterax @passwelle - Is JIJO too dead? I need to recover some of my lost cash b4 the end of this year oooooooooooo

HAHAHAHAHAHA

Jump in na, see whether you go fit jump out.

Dem no dey tell the deaf say war don start, e go see am with him eyes...

Charlesnerd:


Sir I am not joking,just watch out!!!!

Foreign Investors will be mopping up very soon and faster than you can imagine.

Hehehehehehehe!!!

As an insider who is close to the NSE.....

Charlesnerd:


Sir, don't trust me but believe me there is nothing to fear about. The major issue behind this is the fall in crude oil and it is just a temporary issue. Nothing, I said nothing to fear about. Just be buying a good fundamentals stock in tranches if the means is there. Sir, once again, there is nothing to fear about. When election is over, I will like to see another gospel of fear that will be disseminated....

Well,my top stock picks are........

MULTIVERSE
IKEJA HOTELS
UBA
OANDO
TRANSCORP
FBNH
DANGSUGAR
FIDSON
FLOURMILL

As an insider,I cannot say everything I know but you can never go wrong sir.

Hahahahahahahahahahaha!!!!

Oga Chally, abeg, no kee me with laf

Dexterax:
@Myjoy08

Please gimme your stock picks for next week.

myjoy08:



Well noted. Fundamentally, there is no justification for market crash at this time. Majority of this stocks are trading below their pe ratio compare to 2007/2008 saga. Sir, it is very complex to explain the situations of things in this period where everyone is experiencing some losses but one thing i know for sure is that "I DON'T HAVE ANY REASON TO FEAR". Thank you once again.

Bros, you mean nothing is wrong fundamentally for an import dependent economy like ours? Haba!!!! What percentage does oil contribute to our GDP? 95% of our foreign exchange earnings come from this same oil that is seriously heading southwards, we are not even half as industrialized as Russia who are considering selling down their gold reserves while making the Ruble to freely float due to serious depletion of their foreign reserves.

We need dollars to buy virtually everything....do you know the rate as at today? No FPI wants to be caught in the market now cos of the depreciation. What do you think will happen to the books of banks that raised bonds in foreign currency?

I understand you want to stand against fear but don't give people who are not informed false hope please.

natruetalk:


u come dey confuse with d bear

still remain 50k and 10k for stock traded above 100 naira for 6 month

Thanks bro..... no mind me jare.

Na him be say some stocks no go move anywhere today. kai!

With the beating Naira is taking, I pity companies exposed to foreign loans.

mpi210:
guys, abeg, what volume is needed for movement in price daily?

Abeg, make una answer me na.

I know it used to be 50,000.

bigjay01:


Mr Morgan, wherever you are, many thanks!

No more shooting in the dark.

BTW - My itrade account was opened in 4 working days. I have had no issues with their customer service. I will score them 8 on a 10 point scale!

Mr Morgan, God bless you o!

I'm enjoying the itrade big time and all I can say is....great idea, world class innovation.
So far, customer service has been good. I hope it gets better and better. I will score them 8/10 as well

guys, abeg, what volume is needed for movement in price daily?

bigjay01:
As Fela would sing ...

This na double wahala for dead body ...

Let it keep crashing. 'Am loving it' McDonald style

Chair, me don bail!!

Will buy later when this craze is over.

Thanks to Morgan Capital, I'm not blind anymore, I can see.... We go dey listen to news, look spreadsheet and watch the market.

natruetalk:
Kai! fear catch me as i see FBNH currently selling below 10 with 10m offer no BID

Did you say 10m offer?

Bros, look again, over 100m offer

Aks:
U are a bad guy, u've been trailing me since the days of Oando, dehin leyin mi now
It's painful but i have to exit my 400K+ unit position @ N4.40/4.58 (32% Loss), my liver cut and i had to do the needful.
My portfolio is empty, hope to catch up with NSE later when the dust is settled

Bros, no harm meant o! You did well.

I'm not scared to admit when I make a mistake. I don't HOPE in this market o!
2 days ago, I bought FBNH and after seeing the market movement in the last 2 days, I took off at a loss. I live to fight another day. Make another person hold the can for me. As I'm typing, no more bid for FBNH, the 4m units bid at 9.96 has been sold.

I'll hold my cash now and watch the drama. But then, most of my picks are if dem no shit, dem must vomit.

Born2berich:


The guy eyes don clear..Before, dem dey listen to prophet instead of logic.

I thank God say im don commot.

Has he sold already? thought he said he's going to sell?

Aks:
Selling off my UBA after enduring 28% loss, not doing long term again

Let us know when you sell and at what price.......

The anger wey this market take start this morning na wah!!!

Anyway, wey my popcorn? Make I dey watch as dem dey hog down to where I dey...

bigass:
3 months ago

Hehehehehehehe!!!

Oga myjoy08...say something....... Kpuuuuwaaa (HEAVY E-Slap)

dsonofmaan:


Actually, stockbull was the first person to note the ever bullish character of that oga and he stated it, but some people felt he was just reacting to the likely usurpation of his influence on the thread. I guess that was why he went mute.

Gbam!!

natruetalk:


my Oga, fcmb mkt marker truely don tire

Shebi I talk am say, when dem tire, dem go leave am make e fall. Dem get bottomless pit of cash?

Saudi and America dey play the game of chess with crude oil. People should try and follow what's going on worldwide and understand why the foreign investors dey pick race....

Dexterax:


The Ogbeni talk sey short rally go start wey go last till 2nd week of December. Him wan offload on greater fools for Xmas tins. Him think sey NL dey drive NSE.

Sorry sir, no shoprite for you.

I wonder how people been dey fall for all those picks.....most of them were baseless and they believed the insider story... kai!!

Anyway, experience they say is the best teacher....you no see anger wey dem take comot the likes for that post wey oga passwell quote

passwelle:

The post above had about "6 likes" on the 11th of Sept when it was made. I just had a look at it now. Alas, it has only one left.

Dexterax:
HoLy PrOpHeT: Don't SELL your BIRTHRIGHT.

*The OcToPuS*



IkOyI PrOpHeT: It is well!!!

Unforgiving Bear:

If our Ikoyi Prophet do mistake dish stock pick as usual.....na HEAVY E-slap dem go give am......

kotlass:


+/- 5% of reference price of N11.59. Thanks to @omoajo1

Hmmmm

Thanks alot. Makes sense now

bigjay01:
Wahala for traders/speculators, planting season for real investors

bigjay, you don buy finish?

I wonder why they set a limit of 11.02....anybody know why?

You guys are gradually getting the drift.....

His followers will come out full force to attack.....hehehehehehehe!!!

Joysmart:
Any body here that still believes that myjoy08 has insider information seriously needs a brain check.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!

Sister, no tear my belle with laf!!!

Moneysage:
Are these bears the ones we have been expecting or should we wait for another?

Biko, make this market do quick and bottom out in time...cos a dim well-loaded.

The main bears never show na

Agbalowomeri:


Ha bros, na only transcorp dey ur portfolio? what if u had exited at the trough (base) of the bear? My critic of ur action is that u did not have a plan and u just succumbed to your emotions, otherwise you would have exited long before loosing > 10% if that was your plan. My loss (since the bear starts) is still around 10% and even if I loose 30% I am not shaken because I know the quality of the stock I hold, and most importantly the cash is not needed till eternity

coldFLARES1:
My brother, I haven't seen a dose of sarcasm in the advise given. Here, a Chibuking made all the noise of an impending downturn while our Ikoyi prophet assured us of a sustained bullish run! We now know better. Truth is you've recorded huge loses that may take a long time to recover in view of recent performances of your invested company. It's your call to make: sell and cut your losses or hold on. However, it bears restating that HOPE is not an investment strategy! I may appear prejudiced, buh I painfully had to exit my positions when I lost 50% in 3 weeks.

Oga Agbalowomeri, he said he was assured by the ikoyi prophet. I guess he threw caution to the winds and jumped in big.....

I think there should be a plan and don't swallow everything here or SMN hook, line and sinker. Understanding how this whole thing works is a very vital key.

passwelle:
But FCMB market maker eyes dey see ooo! Chai, how do you keep a stock above a benchmark when nobody except you wants to pay that price for it!

When dem tire, dem go release am