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Nigerian Stock Exchange Market Pick Alerts - Investment (7376) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 10:37am On Nov 24, 2023
kolaish:
Big thank you @customstreet. I was able to get 2m units of Unity Bank @ 1.07 on Thursday due to your call last week. I sold this morning @185k.

Amount invested - N2,140,000.
Amount realized - N3,700,000.
Amount Gain after deducting charges - N1,500,000 after just one week

I have to sell now because I am a slender person and I don’t have the strength to struggle when the exit door is so narrow grin.

How do you guys want to make money when you panic and sell at every gain. Anyways some people sold Ucap at N3 grin

Have you even bothered to ask what price Providus will buy Unity bank and what will be the value of the new bank compared to your purchase price?

I guess by next week...people will still queue up at N2.50k grin grin grin

Goodluck to everyone.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 10:40am On Nov 24, 2023
[quote author=Zagee post=127138522]Wow. A wild boar has been roaming. I hope it was escorted safely back to the zoo?

E go loud.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:40am On Nov 24, 2023
stcool:


How do you guys want to make money when you panic and sell at every gain. Anyways some people sold Ucap sold at N3 grin

Have you even bothered to ask what price Providus will buy Unity bank and what will be the value of the new bank compared to your purchase price?

Goodluck to everyone.

Allow them breeth joor

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by defebe: 10:42am On Nov 24, 2023
stcool:


How do you guys want to make money when you panic and sell at every gain. Anyways some people sold Ucap sold at N3 grin

Have you even bothered to ask what price Providus will buy Unity bank and what will be the value of the new bank compared to your purchase price?

Goodluck to everyone.

Everyone have their strategy of getting rich....If making a gain of 1.5m in a week is good for the investor, you don't have any right to condemn him for doing it..You've got no idea where he got the money invested.

16 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 10:44am On Nov 24, 2023
stcool:


How do you guys want to make money when you panic and sell at every gain. Anyways some people sold Ucap sold at N3 grin

Have you even bothered to ask what price Providus will buy Unity bank and what will be the value of the new bank compared to your purchase price?

Goodluck to everyone.
When it comes to trading, I do not panic. it is rather a strategy which I have set for myself. I don't sell bone to others, I sell to others so that they can also make their little gain just as I have made mine, simple.

Secondly, remember that this same Unity bank rose to 207k some months ago before descending to 92k, based on the same story of acquisition. So, I take my gain and move on rather than sucking and see it back to where it is coming from which I don't pray for. And if it moved to 500k thereafter, then good luck to those that are still there. it is a win-win situation for everybody.

17 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:45am On Nov 24, 2023
kolaish:
When it comes to trading, I do not panic. it is rather a strategy which I have set for myself. I don't sell bone to others, I sell to others so that they can also make their little gain just as I have made mine, simple.

Secondly, remember that this same Unity bank rose to 207k some months ago before descending to 92k, based on the same story of acquisition. So, I take my gain and move on rather than sucking and see it back to where it is coming from which I don't pray for.

Nothing like pray it doesn't get down... Stocks na 50/50

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:46am On Nov 24, 2023
Oando's above 600M volume chart stats:

IPO - 1.5b December-February 2003/4 green
Post IPO - 915M April 2004 red
Event 1- 951M 2015 January red
Event 2 - 874M September 2023 green

*as seen

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:50am On Nov 24, 2023
defebe:


Everyone have their strategy of getting rich....If making a gain of 1.5m in a week is good for the investor, you don't have any right to condemn him for doing it..You've got no idea where he got the money invested.

Someone sold at 20% and extremely excited sef.. DO you know what 20% in a week is?

Anyways it depends on how much you are using to trade sha

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:50am On Nov 24, 2023
kolaish:
Big thank you @customstreet. I was able to get 2m units of Unity Bank @ 1.07 on Thursday due to your call last week. I sold this morning @185k.

Amount invested - N2,140,000.
Amount realized - N3,700,000.
Amount Gain after deducting charges - N1,500,000 after just one week

I have to sell now because I am a slender person and I don’t have the strength to struggle when the exit door is so narrow grin.
Not bad though ... But, some folks dey cashout 500% for some stocks oo
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:53am On Nov 24, 2023
stcool:


How do you guys want to make money when you panic and sell at every gain. Anyways some people sold Ucap at N3 grin

Have you even bothered to ask what price Providus will buy Unity bank and what will be the value of the new bank compared to your purchase price?

I guess by next week...people will still queue up at N2.50k grin grin grin

Goodluck to everyone.
KUDOS grin !!!
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 11:01am On Nov 24, 2023
veecovee:

Not bad though ... But, some folks dey cashout 500% for some stocks oo
Agree with you. The highest I have made since I entered the NSE/NGX in 2001 is 320% (under 6 months though). I can only hold to a stock for a long time if the fundamentals are quite encouraging.
...
I remember I was with Amyn Investment then

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:04am On Nov 24, 2023
ZENITH moving up today and has gained +70k so far.....
TRANSCORP moving gradually.....

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 11:08am On Nov 24, 2023
Essentialone where art thou? RTBriscoe is rallying without fundamentals.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:09am On Nov 24, 2023
kolaish:

Secondly, remember that this same Unity bank rose to 207k some months ago before descending to 92k, based on the same story of acquisition.
Oga kolaish come and drop royalty o...and pay tithe to the pastor... grin

Also, there seems to be update to the merger/acquisition compared to when it was hearsay......
We should be awaiting announcement anytime....

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:13am On Nov 24, 2023
I started exiting VERITASCAPITAL yesterday and completed the process today... Byebye VeritasKapital... The only reason I went into VeritasKapital is because of UNITY. I felt they should rally along with it for a while before probably staying stagnant or keeps moving... I don't know of any present connection between them sha although they used to be together but can't answer if they are still binding...

I'm now loading UNITY BANK aggressively grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:13am On Nov 24, 2023
angry
KayOn1:
Essentialone where art thou? RTBriscoe is rallying without fundamentals.
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 11:14am On Nov 24, 2023
yMcy56:

Oga kolaish come and drop royalty o...and pay tithe to the pastor... grin
tuale to the one and only landlady!!! grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 11:17am On Nov 24, 2023
megawealth01:
I started exiting VERITASCAPITAL yesterday and completed the process today... Byebye VeritasKapital...

I'm now loading UNITY BANK aggressively grin

E go loud!! Exited millions of units.
Let me go and hustle for cash.
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 11:17am On Nov 24, 2023
kolaish:
Agree with you. The highest I have made since I entered the NSE/NGX in 2001 is 320% (under 6 months though). I can only hold to a stock for a long time if the fundamentals are quite encouraging.
...
I remember I was with Amyn Investment then
... is well. But some things that raised my eye brow over unitybnk is that it's the bank that has the lowest OS in the exchange and their last post reconstruction price was N5. Ceteris paribus, that bank should be above N5
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:19am On Nov 24, 2023
kolaish:
tuale to the one and only landlady!!! grin
No be tuale landlady dey chop nah.....lol.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:20am On Nov 24, 2023
KayOn1:


E go loud!! Exited millions of units.
Let me go and hustle for cash.

No follow me ooooo... I don't inform people before I leave oooooo

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:31am On Nov 24, 2023
yMcy56:

Where did you see it?

Or is it with ZENITH moving up today and has gained +70k so far or with quite some stocks on full bid?
Na kwesion I ask o, so I go know which direction you take see am. smiley
My boss!! Relax, this one no be metaphor oh. cheesy wink

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 11:32am On Nov 24, 2023
megawealth01:


No follow me ooooo... I don't inform people before I leave oooooo

This forum influences the market a lot & I am afraid for newbies in fundamentals deficient stocks.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:33am On Nov 24, 2023
KayOn1:


This forum influences the market a lot & I am afraid for newbies in fundamentals deficient stocks.

Lies... This forum has no influence over this market or any market... Mr. Market has a conscience of its own

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 11:33am On Nov 24, 2023
KayOn1:


This forum influences the market a lot & I am afraid for newbies in fundamentals deficient stocks.

I am going fully TA after the next bear.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:34am On Nov 24, 2023
KayOn1:


I am going fully TA after the next bear.

We ain't in a bullish market yet sef

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 11:38am On Nov 24, 2023
megawealth01:


We ain't in a bullish market yet sef

Wait till market correction shows. How do you justify Neimeth doing over 30% within a week with ... if not TA.
Reason I can't thank BullBearMkt enough to opening my eyes to what was missing component in my trade setup.

@Mcy,
... remember I made this observation not too long ago when I noticed the trend. Personally, I was not even able to get into the Neimeth train before it left the station but any other train departing, believe me, I will get in first and ask questions later.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 11:44am On Nov 24, 2023
@Customstreet, could Honyflour be your stock for 200% ROI in the short to medium term?

All the best to all.

Signing out till ...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:34pm On Nov 24, 2023
GTB @39!
No be small thing...., smiley

ZENITH: 34.35........Up with +80k....

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:38pm On Nov 24, 2023
KayOn1:
@Customstreet, could Honyflour be your stock for 200% ROI in the short to medium term?

All the best to all.

Signing out till ...

The buyout package by FMN is #4.20. What's the possibility of this 200%?
Re: Nigerian Stock Exchange Market Pick Alerts by phadriz(m): 12:42pm On Nov 24, 2023
veecovee:

... is well. But some things that raised my eye brow over unitybnk is that it's the bank that has the lowest OS in the exchange and their last post reconstruction price was N5. Ceteris paribus, that bank should be above N5

All things being equal, the stock should be trading below N1 because it is the only banking stock that recorded loss in 2023 Q3 despite the naira revaluation.
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:43pm On Nov 24, 2023
KayOn1:


Wait till market correction shows. How do you justify Neimeth doing over 30% within a week with ... if not TA.
Reason I can't thank BullBearMkt enough to opening my eyes to what was missing component in my trade setup.

I don't see any market correction in the horizon as long as the oil price stays strong above $70.

Stocks like UBA, many banks and a couple of other stocks have not reached fair prices. But a few stocks are trading in a PE bubble and may correct as investors and traders do their thing. The devaluation this year has propped up the valuation of many banks and reset share prices up in devalued Naira with not much to correct. However, for banks one needs to look out for potential rise in impairment charges that could lead to valuation losses and potential share price drops if it happens severely.

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