Streetinvestor2:
Breaking news!!!!
My betnaija stock aka oando has broken the prophesied resistance of #16 and likely to close above it.This means it is heading for my target of #20 very soon.God is faithful.

The catch there is to close above😂

Streetinvestor2:
Breaking news!!!!
My betnaija stock aka oando has broken the prophesied resistance of #16 and likely to close above it.This means it is heading for my target of #20 very soon.God is faithful.

I can "bet" that you won't sell at N20 but still hold on for higher gains

Bagwa:
Japaul Japaul Japaul 😁

I'm in the bus.. what a gwan?

Agbalowomeri:


The catch there is to close above😂

ok.we see by 2.20pm.With what I am seeing on the bid side it is a sure bet

KarlTom:
Been monitoring AIICO especially...

I am sure Aiico and others will break out.
Just wait and see what will happen soonest

Streetinvestor2:
ok.we see by 2.20pm.With what I am seeing on the bid side it is a sure bet

You can see the early morning volume with no full bid. So resistant activities ongoing 😂

SonofElElyonRet:


I can "bet" that you won't sell at N20 but still hold on for higher gains

Lol.wale new move will still play a big part but let the main target be reached.The #20 is my margin of safety oh

Agbalowomeri:


You can see the early morning volume with no full bid. So resistant activities ongoing 😂

I can see bid of 21m against 2m plus.Thr is no war going on thr.it is a complete Conquer by bid side,lol

SonofElElyonRet:


I'm in the bus.. what a gwan?

Good news

Has Fidson Dividend alert landed?

Buy Oando now or you will buy it 2025 at today's conoil price

Payunsin:
Buy Oando now or you will buy it 2025 at today's conoil price

This our nse can be irrational. Do you know I once bought forte oil at #30 and sold at #290 The same forte(ardova)was delisted at less than #18 many yrs later

Why I like my kobo stocks

Very easy to make my 100%
No too much analysis like oando & co.
Just do your DD and pick the right one.

Just look at veritas I bought 1.8m units at 0.58 about a month ago.
100% done already.

Just wait for Royalex,linkage,Aiico & co.
All na 100% stocks

Back to my cave

Locotrader:


Oando breaking the #16 this morning will create opportunity for Eterna and some other companies.

I think we are in for a good cashout.

Oando just crossed the stubborn N16 level. Though it’s looking like a fake out to trap itchy fingers before price reverses downward….

NASCON

Streetinvestor2:
This our nse can be irrational. Do you know I once bought forte oil at #30 and sold at #290 The same forte(ardova)was delisted at less than #18 many yrs later

I won't sell my Oando until Tinubu leaves power.
The Oando upstream diversion sales to NNPC if not for Tinubu Oando would have been in mess.
The president Nephew is in charge of this something big for Naija, u suppose know Na goldmine.

Coolcash1:


Oando just crossed the stubborn N16 level. Though it’s looking like a fake out to trap itchy fingers before price reverses downward….

How do you determine the one that is not fake out in TA then.And beside fake out do you have other things attached to resistance figure in the TA dictionary

Locotrader:
Why I like my kobo stocks

Very easy to make my 100%
No too much analysis like oando & co.
Just do your DD and pick the right one.

Just look at veritas I bought 1.8m units at 0.58 about a month ago.
100% done already.

Just wait for Royalex,linkage,Aiico & co.
All na 100% stocks

Back to my cave

you are correct

In a dilemma, I don't even know what to sell to buy more of ...

Rofo, Rofo, ...

Payunsin:

I won't sell my Oando until Tinubu leaves power.
The Oando upstream diversion sales to NNPC if not for Tinubu Oando would have been in mess.
The president Nephew is in charge of this something big for Naija, u suppose know Na goldmine.

I have the same believe. Saplet,oando etc is going to be used for score record as home grown oil and gas company doing well like its foreign counter part for 2027. This is still another reason i believe oando delisting is not happening soon. 2027 politics need score card and other things to succeed

which insurance stock is best to buy for maximum profit? anyone in the kobo range.

Choiceguy:


That's if profit takers will allow it reach 20.those that bought at bargain price @8.30 will start existin before

Oando needs exceptional news like not delisting then investors will start looking at the future prospects of the company

To me the result that will be publish will not be much different from the previous year,rather improved loss like the one IB keep bringing out.

Oando may or may not report losses for Q1 & Q2 2024.
But I am very hopeful that Q3 & Q4 2024 will show better results because of inflows from newly acquired assets from the ENI/NAOC deal. And from 2025 there will be much stable profits goin forward.

emmasoft:


@zendi, DSS works perfectly well. Remember the T+3 rules still apply, even though it's DSS it doesn't mean immediately you sell the money gets to your bank account, it will take the normal regulatory terms before your account is credited by CSCS.

Please also note that when you opt for DSS the broker is completely out of the picture after the sale. It will now be between the investor and CSCS.

Thank you v much.

Locotrader:
Why I like my kobo stocks
Very easy to make my 100% No too much analysis like oando & co. Just do your DD and pick the right one.
Just look at veritas I bought 1.8m units at 0.58 about a month ago. 100% done already.
Just wait for Royalex,linkage,Aiico & co. All na 100% stocks
Back to my cave

hahahaha... Congratulations 👏... it looks like you have Japa the 1.8 oooo

My take on Oando as a business man is that a bankrupt company do not buy assets of a multinational company.
2. A president Nephew will find it difficult to cheat shareholders by paying a ₦7.07k for a stock trading at ₦17

SUNU
Corporate Action......
https://doclib.ngxgroup.com/Financial_NewsDocs/41626_SUNU_ASSURANCES_NIGERIA_PLC-CORPORATE_ACTION_CORPORATE_ACTIONS_JULY_2024.pdf

More of what?quote author=KayOn1 post=130806192]In a dilemma, I don't even know what to sell to buy more of ...

Rofo, Rofo, ...[/quote]

So many opportunities still in the market if you want to look towards Japaul, Oando, Eterna, Royalex, TIP, GuineaIns, Cadbury, Transcorp, Wapco, etc... depending on your risk level. Good to position yourself now before the breakouts go haywire. I heard some money are coming into the market but I haven't confirmed yet. Do your own analysis to confirm.

DYDD NFA

chunkuli:
More of what?quote author=KayOn1 post=130806192]In a dilemma, I don't even know what to sell to buy more of ...

Rofo, Rofo, ...

[Ok thanksquote author=4willer post=130807781]So many opportunities still in the market if you want to look towards Japaul, Oando, Eterna, Royalex, TIP, GuineaIns, Transcorp, Wapco, etc... depending on your risk level. Good to position yourself now before the breakouts go haywire. I heard some money are coming into the market but I haven't confirmed yet. Do your own analysis to confirm.

DYDD NFA

[/quote]

Oando hits highest share price in 9 years, as market declines by 0.24%
The Nigerian Exchange (NGX) on July 4 recorded a slight decline, as the All-Share Index closed at 100,063.32 points, from the opening 100,299.48 points. During the trading day, oil and gas stocks, Oando Plc and Conoil Plc, were the top gainers, with 9.93% and 9.52% gains respectively. Oando Plc reached a share price of N15.50, its highest share price since June 2015. Despite the two stocks posting equity gains totaling N24.34 billion, MTN’s 6.54% decline, resulting in an equity loss of N294 billion, overshadowed their performance.

Overall, there was an N136.17 billion decline in the NGX’s market cap to N56.601 trillion, from yesterday’s N56.738 trillion. Oando share price history - Oando’s share price of N15.50 represents the stock’s highest share price since June 22, 2015, when it recorded a share price of N15.75. From June 2015, Oando Plc’s stock began to decline, reaching an all-time low in 2020, when its share price fell to N2.08 on March 30, 2020. However, in 2024, Oando began its resurgence after releasing its annual financial statements for 2022 and 2023. Year-to-date, Oando has gained 47.62% in the NGX. However, there is a contrasting story in the Johannesburg Stock Exchange, where Oando is also listed.

Today, Oando Plc lost 55% of its value on the JSE, with its share price falling to 9 South African Cents, from 20 South African cents yesterday. Market Highlights - There was a 152% increase in market activity, as turnover volume hit 863.573 million shares, from yesterday’s 342.196 million shares. In terms of turnover value, there was a 164% increase to N12.562 billion, from yesterday’s N4.751 billion. Top Gainers: Oando Plc led the gainers with a 9.93% gain, causing its share price to close at N15.50. Conoil Plc followed with a 9.52% gain to close at a share price of N115. Veritas Kapital Assurance closed with a 9.37% gain, as its share price crossed the N1 mark for the first time ever.

Neimeth closed with an 8.61% gain to close at N1.64, while Jaiz Bank gained 7.55% to close at N2.28. FTN Cocoa Processors gained 7.32% to close at N1.76%. Top decliners: Daar Communications continued its bearish performance, declining by 8.33% to close at N0.44. In 2024, Daar Communications continued its bearish performance, declining by 8.33% to close at N0.44. In 2024, Daar Communications has been the top decliner in the NGX, as its share price has declined by 51.11% year-to-date.
UPDC REIT declined by 8.26% to close at N5, followed by Guinea Insurance which declined by 7.69% to close at N0.36. University Press Limited lost 6.67% to close at N2.10, followed by MTN Nigeria which declined by 6.54% to close at N200. UPDC declined by 6.47% to close at N1.30. Top traded stocks: Fidelity Bank, which recorded a 2.36% gain, recorded the highest turnover volume with 539.40 million shares. It was followed by GTCO Holdings, which recorded a turnover volume of 59.433 million shares.

Veritas Kapital Assurance recorded a turnover volume of 40.424 million shares, followed by UBA Plc with a turnover volume of 35.978 million shares, and Zenith Bank with a turnover volume of 24.016 million shares. In terms of turnover value, Fidelity Bank topped with N5.66 billion, followed by GTCO Holdings with N2.797 billion, and Zenith Bank came next with N882.33 million.

It was followed by UBA with N839.60 million and United Capital with N323.86 million. SWOOTs and FUGAZ Update - MTN and Zenith Bank were the only SWOOTs that recorded a significant change in the market, as MTN recorded a 6.54% decline, while Zenith Bank recorded a 4.46% gain. Other members of the SWOOT category, Airtel Africa, BUA Foods, BUA Cement, Dangote Cement, Geregu Power, GTCO Holdings, Seplat Energy, Transcorp Hotels, and Transcorp Power, recorded no price changes. Trading sentiment for tier-1 banks, as UBA and Zenith Bank posted 3.52% and 4.46% gains respectively. FBN Holdings and Access Holdings also posted 4.13% and 1.54% gains respectively.



Regards,

MorganCapital Securities Limited

When the weakest link in one's opinion is Flourmill
God Abeg o

BullBearMkt:
ETERNA OIL IS A LAGGARD IN THE OIL AND GAS SECTOR - BUY
In the leading sector and lot of heavy buying and selling ongoing with double bottom formed. Price struggling between 14.40 - 16 in the last 3 weeks. This is a BUY.

PLAN YOUR TRADES AND TRADE YOUR PLANS

@BullBearMkt

What is Technical Analysis saying about Cadbury?