Mankind2024:
"A note to NSEMPA's long-term investors"
The Customs Street Market Maker Conspiracy Against Dividend-Paying Stocks on NGX.
Market makers are manipulating OANDO plc's share price, driving it up based on anticipated future revenue, untapped potential, and current momentum. while neglecting the trillion Naira humongous debts and liabilities of OANDO plc.
This is precisely what they want - to create a false sense of value. Their strategy is to get you to buy when they're selling and sell cheap when they're buying.
Consider Zenith Bank, which has outperformed in all aspects (Top and bottom lines) but is now experiencing massive dumping. This is likely to continue due to the 70% Forex gains and Rights Issue priced higher than the current market price. The same applies to other SWOOT banking stocks.
Don't fall for the trap; investment is a marathon, and real wealth is built in a bear market. If market makers attempt to drive FUGAZ prices down to less than 10% of the three-month low recorded in May 2024. This should create an order block for long-term self-investors. The win is in the waiting.
Red days are imminent, but don't run away - you can't trade or compete against market makers due to their deep pockets.
Zenith Bank at N31 is imminent. The concept is to buy low from impatient investors and sell to greedy investors at substantial prices. This is the secret of institutional stock investors and market makers globally. The only winners are long-term investors.
Some may argue that NGX is not the place for this, but I disagree. I still hold fundamentally sound stocks that have returned 700% ,600%, 400%, and 350% in my portfolio. This is the time to invest in fundamentally sound stocks. The OANDO wave will soon obey the law of gravity due to lack of fundamentals. Don't be greedy with the current momentum; it has happened before. In a few days, Customs Street market makers will subject OANDO to the gravitational law of attraction.
OANDO enthusiasts, savor the uptrend while it continues.
NB- I'm out of OANDO.

Raider76:
Looks like smart money is moving out of Oando in early trades.

ProphetUtuocha:
Mark this:
Oando profit takers will struggle to join a moving train.

Ginalex:
@currentprice good morning o. The DS entry price you predicted is already here o. Be like I go wait some more make e enter sub 30 before I enter

yMcy56:
OANDO
Pullback earlier.......down to 23.30 or so......
It's back @25.95.....
With bids increasing....

onegentleguy:


But for some inexplicable reason, this response should've been on the same date as your post above.
...didn't quite understand the difficulty with login in.

On JAIZ BANK, only if you knew that the glorified micro-finance bank as you put it, is among the top DMBs currently well placed to reap great returns from the persistently hawkish MP environment.
Little wonder why there was an astronomical rise in NPM (ref: 185%) in their Q3, 2023 financial print, following a near 36,800bps growth from playing in certain class of FII.

Interestingly, the said bank is about the only quoted coy in that sector with a seeming "antibody" that shields her from certain policy restrictions by the regulator/Apex bank in view of her operating model.

Only if you knew that...

Most folks will recall I initially highlighted the value accretive potential in JAIZ BANK @ N1.4 at about the same time I gave a buy rating on STERLING @ N1.7--1.8.
When that bank (JAIZ) begins it's run, "the jug will be 2.5--3x filled" before...

Technically, the chart is doing something I love to see.

CAVEAT: NOT to be inferred as any sought of investment advice. Due diligence still applies as always.

It is well!

onegentleguy:


After the outline ride from N1.4 to N4, another window of opportunity will soon be here.
...it should pay to bank with JAIZ.

CAVEAT: Not an investment advice. Due diligence still applies as always.

megawealth01:

I'm looking at that DS too

SonofElElyonRet:
I checked online and saw 26.90

yMcy56:

It opened @26.90....
Pullback came in-between.....and is currently reversing back up....and is presently at 25.70

Agbalowomeri:


I am here please

SonofElElyonRet:


For the person who was surprised when i mentioned spiritual analysis (S.A.),

Well done prophet.. prophesy the next jewel

ProphetUtuocha:
Mark this:
Oando profit takers will struggle to join a moving train.

KarlTom:
It is well...

Soon...

onegentleguy:



Go a step further and do a trend analysis (looking at effective retracement zones) together with the proficient use of the DFTS... and you'd see that even the WTF you highlighted has done something to form a directional bias.
You can work around the stochastic or other momentum indicator (ref: W%R) to give you a "lead clue".
Even a wave analysis should give one a clue. TA requires you to work around the chart and not just work with the chart.

On the part in italics, there are quite some solid PVA to show that DS will most likely not get to that N32--33 price you stated. ...quite some solid reasons.
The prob of occurrence has only diminished in recent time. (ref: WTF PVA)
For one thing, that price range is not a strong support level. Infact, it's not even a KL neither is it a PSL.

Narrow probability is if something happens on the MTF. ...but that will change the coys long-term structure and create...
The only thing that can bring about that price will be either a bad Q2/H1 financial print or some bad report/sector event.

What I see in DS now is another version of what I saw in JULIUS BERGER @ N30--31 before recommending it to my outline subscribers.

With DS, one thing is certain though; some folks will see an opportunity, grab it with both hands and reap bountiful reward in time while some will exit out of panic and later lament bitterly.

Pls be guided accordingly.

CAVEAT: NOT to be inferred as an investment advice. ...due diligence still applies as always.

Zegra:


Has the company submitted its merger documents to the Securities and Exchange Commission (SEC) for review and approval?

onegentleguy:


So DS has just released a bad financial prince largely driven by finance cost and to a lower degree, input cost.
But then again...
My students should be able to fully comprehend what's playing out here and how to take advantage of it.

Some folks still do.not understand how the price of an asset tend to mirror sector events from the macroeconomic end and PRINCE IN the IMPACT of these events ahead of time.

Many will be carried away until they miss out on a fascinating prospect/opportunity.

DS/NASCON.
Anyway, a TA/position trader should know...

I can not come and go and come and kill myself for nothing.

It is well

Krisuba:
see


He has already been recognize as NSEMpa prophet. Let him just bring new prophesy. And leave the past ones!!

SonofElElyonRet:


I checked online and saw 26.90

ojeysky:


I was shocked when I saw it back to 27 but no regrets 100% made on my little units...am out

ojeysky:


I was shocked when I saw it back to 27 but no regrets 100% made on my little units...am out