yMcy56:
I think we should just be watching out for bargain entry again despite the red in the market.

* So far, Over 2bn transactions had exchanged hands in each of the f.u.g.a.z (aside FBNH)
* If we say people are selling, it means people are also buying as it's dipping.....

* For instance GTCO is close to 3bn Naira in transaction as at now N2.9bn+), by my understanding, if 1.5bn was in Cross dealings as well as sales, then it means the remaining 1.5bn bought......
Make una no mind my pry School analysis of the trades....

** Those in profit and who are traders could just follow their strategies.....

** Pastor Vee, mail replied sir.

I entered ELLAHLAKES today and received falling knife....

Na Janet remain

Dgte Cement ..
movin to N350..
Munchin my pop corn in peace...

Agbalowomeri:
Na Janet remain

You are just looking for trouble
The kind stones that will hit your head....

@MrDiligence
I've been searching for the mail and will send to you as soon as I lay hands on it.

Agbalowomeri:
Na Janet remain

Well done sir.
Shey na wetin the candle talk be that
Funds still dey enter the market o.
We see how it goes in coming days..

ProphetUtuocha:
Oando has already come out of the wood. Many folks don't realize that Oando is dollar heavy and even recently loaned 100m to the country.

How reliable is this info? And what are the implications because Tinubu and Wale are related parties?
Wale should be careful because these are the kind of transactions that created problems for Oando in the first place.

yMcy56:
@MrDiligence
I've been searching for the mail and will send to you as soon as I lay hands on it.

Thanks. I also sent him a mail but there was no reply from him

Market down by 1.4%,.

Agbalowomeri:
Na Janet remain

Because you are not in the market.You are hoping to buy gtbank back at 20 . If gtbank total dividend hit #4.You will never see it again at that price. Unless another recession or covid happens. The world bank is projecting 3.3 percent growth for 2024 and 3.7 2025.This projection is above thr formal forcast. You are going to wait longer than you think, lol

Book mark this post. After the first quarter bull run.The worst that can happen the remaining quarter of the Yr will be flat market. No bull no bear for 2024.Then 2025 will be mad bull because some micro economic decisions will start yielding positive results. I don't like this government but it cannot be as useless as pmb government.

Streetinvestor2:
Because you are not in the market.You are hoping to buy gtbank back at 20 . If gtbank total dividend hit #4.You will never see it again at that price. Unless another recession or covid happens. The world bank is projecting 3.3 percent growth for 2024 and 3.7 2025.This projection is above thr formal forcast. You are going to wait longer than you think, lol

Book mark this post. After the first quarter bull run.The worst that can happen the remaining quarter of the Yr will be flat market. No bull no bear for 2024.Then 2025 will be mad bull because some micro economic decisions will start yielding positive results. I don't like this government but it cannot be as useless as pmb government.

Okay

The market will shine upon everybody. as people are taking profits, entry opportunity is opened for others. its a cycle that will never end till eternity.

so just chill, tomorrow may also be bloody but find your cool spot and do ur deal.

Bull or Bear, it's all good

Today's market was down about 1.5%
Some people are beginning to fret... DO NOT JOIN THEM.
HOLD!

Agbalowomeri:
Okay

Oga Agba check your chart well.
Shey na like this Janet market suppose be?
See attached.....

I know say you don dey find your grave robber bargain, but allow us enjoy this bull some more, e dey sweet belle 😁

One thing that used to be a consolation in this type of today's scenario is that.......na locals still dominate the Market......after like one or 2 days of bear, everything go stabilize again.

I felt some big investors are just taking profit for end of financial year reporting or so.

Princkez:
I entered ELLAHLAKES today and received falling knife....

Ellah is for long term... its work in progress..

ProphetUtuocha:
Oando has already come out of the wood. Many folks don't realize that Oando is dollar heavy and even recently loaned 100m to the country.

Ok. Thanks

stcool:


Did you read the article?

"It said the performance in November last year when compared to the same period a year earlier revealed that total transactions increased by 188.3 percent.

“In November, the total value of transactions executed by domestic investors outperformed transactions executed by foreign investors by circa 52 percent,” the NGX said.

A further analysis showed that total domestic transactions increased by 22.2 percent from N187.6 billion in October to N229.3 billion in November.

Total foreign transactions increased by 113.9 percent from N33.4 billion (about$36.8 million) to N71.4 billion (about $75.8 million)."

Quite informative

yMcy56:

Oga Agba check your chart well.
Shey na like this Janet market suppose be?
See attached.....

I know say you don dey find your grave robber bargain, but allow us enjoy this bull some more, e dey sweet belle 😁

One thing that used to be a consolation in this type of today's scenario is that.......na locals still dominate the Market......after like one or 2 days of bear, everything go stabilize again.

I felt some big investors are just taking profit for end of financial year reporting or so.

Make una enjoy the bull o
I am not Mr. Market
Make I go back to my Garri in the midst of my babes

mikeapollo:


How reliable is this info? And what are the implications because Tinubu and Wale are related parties?
Wale should be careful because these are the kind of transactions that created problems for Oando in the first place.

Very reliable. During the last AGM Q n A session, Wale said 'the revenue base of the company is 98% in $ and 2% in local currency' All things being equal the future is brighter as long as the hazy delisting issue is resolved by not delisting. February 5 or 6th is almost here.

Agbalowomeri:


Make una enjoy the bull o
I am not Mr. Market
Make I go back to my Garri in the midst of my babes

So you no sip tea again

NIGERIAN STOCK EXCHANGE MARKET UPDATE
There was a sell-off today, because of yesterday's negative news relating to the invitation of some banks' CEOs by the EFCC; however, the price dip has divergence with volume. This indicates that the pullback is likely to be gentle.

Some stocks are just beckoning opportunities - BUY the dip!

Compliment of the Season guys!

PLAN YOUR TRADES AND TRADE YOUR PLANS

BullBearMkt:
NIGERIAN STOCK EXCHANGE MARKET UPDATE

There was a sell-off today, because of yesterday's negative news relating to the invitation of some banks' CEOs by the EFCC; however, the price dip has divergence with volume. This indicates that the pullback is likely to be gentle.

Some stocks are just beckoning opportunities - BUY the dip!

Compliment of the Season guys!

PLAN YOUR TRADES AND TRADE YOUR PLANS

Those that saw it yesterday sold yesterday or early open of the market today...

The last statement is GOLD...

PLAN YOUR TRADES AND TRADE YOUR PLANS

If you know you know

megawealth01:


Those that saw it yesterday sold yesterday or early open of the market today...

The last statement is GOLD...

PLAN YOUR TRADES AND TRADE YOUR PLANS

If you know you know

Betta Edu: EFCC invites bank chiefs over alleged fraud

https://guardian.ng/news/betta-edu-efcc-invites-bank-chiefs-over-alleged-fraud/

For those looking for link as to what happened to JAIZ and others today... I mean worthy banks oooooo

EFCC Releases Betta Edu On Bail

https://www.premiumtimesng.com/news/top-news/657618-efcc-releases-suspended-minister-betta-edu-on-bail.html

Let's see how this plays out

pluto09:


You are just looking for trouble
The kind stones that will hit your head....

Hello all, please i need someone to clarify something for me. If i want to buy say Tantalizer stock(I am not buying it o) at the current share price (Or less). How would i populate the table? I am more of a long term investor just looking for where to be forgetting money till the end of the year. Image from Afrinvest is attached, thanks all.

yMcy56:

The banks are still showing resilience......
UBA inching up slowly......30.......30.70.....31......31.65...
ACCESS/ZENITH.......bids increasing......

AIICO surprisingly....

FCMB: from 10.50 to 11 now.........
GTCO @46.95 as at now...,..reversing up from 44
Wapco @39......from 37.35

* Just updates*

*More sell off mid-day*

You go make a good sports commentator

Tea no good for hot weather...

megawealth01:


So you no sip tea again

KarlTom:
Tea no good for hot weather...

CHAI

Good day all,
I just replied to all mails and messages, so those concerned might wish to check their mail boxes.

My sincere apologies for the late revert.
Had to attend to some unfinished task for the most part today.

Regards

sonofElElyon:


Ellah is for long term... its work in progress..

you mean I should not panic..

Princkez:
you mean I should not panic..

Yes

Does it make sense to begin to accumulate omatek and ellah lakes right now?