hayyawithme:
If you are still in the market, you are in for a big mess. You had better exit the market before it is too late for you. Generational low is so near your door step. Cash is King. A word is enough.

Na whr you crawl out off.In as much as I believe the market will tank because of foundational corruption in this country. It does not mean every adamu will now start shouting generational low senseless. If corruption is fought genuinely,with sincerity of purpose and the economy improves thr is nothing that will stop the market going north.

@#1.00,Ftn cocoa will be doing 300%.
That means someone who invested #1,000,000 will be cashing out #2,000,000 profit within a month.

Kobo stock the easiest way to join the millionaires.

My chams and Japaul on the track of Ftn cocoa.Time will tell

ACCESS:. To climb the 0.05k step to 13 is like a tug-of-war so far....
Still merry-go-rounding around 12.90 - 12.95........looking for a push.....

* MANSARD is vexing......@3.66 now....
* CORNERSTONE @1.11.......Up with +0.10k...
* UNITY making some moves for the past few days now.......maybe in response to improved result...
* UPDC @1.20......Up with +9kobo
* STI @0.44k.......up with +4kobo

** NSLTECH......this stock has been getting lots of attention lately.......on +10 10% recently.......any news?

yMcy56:
ACCESS:. To climb the 0.05k step to 13 is like a tug-of-war so far....
Still merry-go-rounding around 12.90 - 12.95........looking for a push.....

* MANSARD is vexing......@3.66 now....
* CORNERSTONE @1.11.......Up with 0.10k...

Any hint on the fair price of MANSARD?

sterlingD:

Any hint on the fair price of MANSARD?

We can only ask the experts.....

@Currentprice someone needs your attention o.

customstreet:
Absolutely.
It will definitely happened and many shareholders will go to bank smiling

Ask shareholders of Benue Cement Company Plc that metamorphised to Dangote Cement Plc, They will tell you a joyful story on how this exercise turned their fortune to good

Pls tell us more about this deal......
Dangote Foods sounds enticing......
Sugar is equally getting attention in Market....

* Is there going to be price merger? Price adjustment or how?

customstreet:
Hello Folks

I don’t know if you see what I saw

Dangotesugar Sugar Plc + Nascon Plc = Dangote Foods Plc

Time will proof me right

hmmm👀👀

Does technical analysis actually work for Nigerian stocks? The pullback strategy is often very effective in liquid markets especially if built into a robot but one cant say about Naija.

ositadima1:
I am looking at a trading strategy that I am calling the "Second Missionary Journey" or SMJ for short . It requires at least two moving averages (MAs), the 10-period and 20-period MAs. We are looking for stocks that have moved sharply upwards, in technical terms they have maintained their closing above the 10-period MA. We want them to have made at least 40% since they started. Next, we wait for a sharp pullback. Very often, it will crash below the 20-period MA. We want to enter when it crosses both the 10- and 20-period MAs and the 10-MA is above the 20-MA and looking up. We can enter earlier in some cases if we are confident in the stock.

If we did our homework well, we should be riding the stock as long as it maintains above the 10-period MA. If we made some good gains, we can consider selling half our position and use the 10-period MA as a trailing stop for the remaining half. You can add other things to improve accuracy. A lot of stocks I tested conform to this behavior.

Be aware that this strategy is not foolproof and that you could lose money.

LASACO
- Trading @1.68 today......the post reconstruction opening price.

- LASACO was reconstructed several months ago in ratio 1:4 (1 for every 4 held)......and, at a closing price of 0.42k/share pre-reconstuction....
- Opened@1.68 after reconstruction...
- After being battered so much down to 0.80/0.81k (0.20/0.21k), it finally arrived at the point where it started the downward journey.....
- Coming out stronger in 2022 post reconstruction and, with a juicy dividend of 0.15k, where do we think the share price will lead to?
How far can the share price go from here??


E-TRANSACT
Is ACCESS increasing stakes here again?
Now @4.84......Up with +44k ......full bid

DANGSUGAR
Some cross deals...

I know I have recently bashed a lot of the registrars but ONE surprised me today with their efficiency. I sent just one email message - a filled E-mandate form and within one hour, they paid my outstanding dividends.

Take a bow- Greenwich Registrars.

Meanwhile, those two registrars I mentioned previously are still being chased.

yMcy56:
ACCESS:. To climb the 0.05k step to 13 is like a tug-of-war so far....
Still merry-go-rounding around 12.90 - 12.95........looking for a push.....

* MANSARD is vexing......@3.66 now....
* CORNERSTONE @1.11.......Up with +0.10k...
* UNITY making some moves for the past few days now.......maybe in response to improved result...
* UPDC @1.20......Up with +9kobo
* STI @0.44k.......up with +4kobo

** NSLTECH......this stock has been getting lots of attention lately.......on +10 10% recently....
It's a Fintech Coy.......any news?

Access is scared of 13 because of fbnh. Uba is not doing bad today @ 9.9

Mpeace:
Access is scared of 13 because of fbnh. Uba is not doing bad today @ 9.9

Lol. The fear too much...
Las las e go still touch the 13 nah....because FBNH is close to 14...now @13.95.......let me add " all things being equal" before the generational low crew arrives

Harvestock01:
https://www.vanguardngr.com/2023/06/royal-exchange-grows-gwp-to-n14bn/

This news seems to be having positive effect on the price..

Una dey see wetin Presco dey do ba ?Them no want to release their 2022 Financial Statement and Q1 2023 Financial Statement

yMcy56:

Lol. The fear too much...
Las las e go still touch the 13 nah....because FBNH is close to 14...now @13.95.......let me add " all things being equal" before the generational low crew arrives

sterlingD:
Una dey see wetin Presco dey do ba ?Them no want to release their 2022 Financial Statement and Q1 2023 Financial Statement

I tired oooo...
But the price is moving up...
Kinda something is c👀king

Harvestock01:
https://www.vanguardngr.com/2023/06/royal-exchange-grows-gwp-to-n14bn/

Na wa oooo...
But this results is not on ngx site

The type of funds that entered this market today again!
UBA alone closed to N2B!!
N1.72B as at closing.
It's well o.

19.2Million units of DANGSUGAR traded.......most of which are cross dealings..

+10 10% competing on Gainers'Table

yMcy56:
The type of funds that entered this market today again!
UBA alone closed to N2B!!
It's well o.

with the current prices of Access and fbnh, uba became too cheap

Mpeace:
with the current prices of Access and fbnh, uba became too cheap

Access and FBNH are showing UBA the way to go with market price. Especially the way Access started exceeding UBA in price by more than N3

Access has also shown UBA the way to do with upping dividends. Market is still waiting for UBA response on that before closing any gap with Access.

With subsidy removal is OANDO @ #5.70k a Bargain?
cc.OGG.CP. locodemy and at all

STNWAUME:
With subsidy removal is OANDO @ #5.70k a Bargain?
cc.OGG.CP. locodemy and at all

https://confiance.com.ng/oando-filling-stations-becomes-subsidiary-of-nnpcl/#:~:text=Nigerian%20National%20Petroleum%20Company%20Ltd%20%28NNPCL%29%20has%20acquired,assets%20owned%20and%20operated%20by%20OVH%20Energy%20Marketing.

locodemy:
@#1.00,Ftn cocoa will be doing 300%.
That means someone who invested #1,000,000 will be cashing out #2,000,000 profit within a month.

Kobo stock the easiest way to join the millionaires.

My chams and Japaul on the track of Ftn cocoa.Time will tell

... but, if Kobo stock goes against you, you'll curse the day you knew about stocks

123ABCXYZ:
Does technical analysis actually work for Nigerian stocks? The pullback strategy is often very effective in liquid markets especially if built into a robot but one cant say about Naija.

I believe that the same fundamental rules apply to trading regardless of market. I have observed a few patterns. When the market favors a stock and it begins to rise quickly, especially with heavy momentum, pullbacks are typically caused by people taking profits. After the pullback, the stock often continues to rise. I think the 10-day moving average is a good measure of strength, and a move of 40% or more is a clear signal that the stock is not kidding.

However, it is important to do your homework and make sure that there is enough liquidity (with respect to size of your stake) before making a trade. This is because liquidity will help you get out of a trade quickly if things don't go your way, and help you minimize losses.

All of this is just theory, as I am still testing a few things.

Regarding using robots, our current set of stockbrokers do not provide APIs. I once considered building the entire trading interface with Selenium, but later decided that it would be too much work and prone to errors.

STNWAUME:
With subsidy removal is OANDO @ #5.70k a Bargain?
cc.OGG.CP. locodemy and at all

Oga oando is gone oooo.
You only have the choice of collecting #7+ compensation

stockish:

... but, if Kobo stock goes against you, you'll curse the day you knew about stocks

Loco no dey pay tuition fees again.we don graduate since.
Na to collect PHD remain oooooo.

locodemy:


Oga oando is gone oooo.
You only have the choice of collecting #7+ compensation

If one is able to buy 10m units of OANDO @#5.70k and the person is certain of getting paid off @#7+ isn't that a bargain.

Please when is the payoff date?

locodemy:


Oga oando is gone oooo.
You only have the choice of collecting #7+ compensation

Can't one choose to go private with them .I bought then at #20.And will buy more if I see it at #5.I want to benefit from the corruption oh

STNWAUME:


If one is able to buy 10m units of OANDO @#5.70k and the person is certain of getting paid off @#7+ isn't that a bargain.

Please when is the payoff date?

With the case at hand and series of adjournments, the Question is when will the N7 come.

123ABCXYZ:
Does technical analysis actually work for Nigerian stocks? The pullback strategy is often very effective in liquid markets especially if built into a robot but one cant say about Naija.

The best market I have seen that TA works well with is Nigerian Stock Exchange. TA is not only about indicators, it's more of Price Action (and or in combination with Volume), Index comparison etc. It also tells you more of market sentiments. I agree Nigeria stock market is not as liquid as some established markets in the world but it's (arguably) the best in sub-sahara Africa if not the entire Africa.

Streetinvestor2:
Can't one choose to go private with them .I bought then at #20.And will buy more if I see it at #5.I want to benefit from the corruption oh

When you willingly follow a ritualist, who operates in broad daylight without a mask, to his dingy den, you may either be a higher power in the ritual world yourself or you are a very close friend to his boss...