veecovee:


Can you point out 2 or 3 of such stocks in the mkt

Harvestock01:


Custodian will fly when the CBN grants the final approval for the FBNQUEST Merchant Bank purchase. It hasn't done badly though

Jerrydox:


The insurance stock is WAPIC (Coronation Insurance)
That stock has been on full bid every single trading day since December last year.

It will definitely hit 20 naira per share this year.

emmanuelewumi:



Please get in touch with your financial advisor or subscribe to the numerous fee paying platforms to get recommendations

emmanuelewumi:



Please get in touch with your financial advisor or subscribe to the numerous fee paying platforms to get recommendations

essentialone1:


Fee paying platforms. Some information can be given out for free. We appreciate it must have cost you arm and legs to get those information, but you still can give it out freely, if you have it.

You can even MH if need be. It is allowed.

emmanuelewumi:




Follow Loco, you should be fine.


Although free stock recommendations might be dangerous to the long term performance of your portfolio

Picky1:


Whatever happened to WAPIC purported delisting news sometime ago that made people sell-off their holding...pdp

KarlTom:
Glad to know that you also use RuleOne...

Streetinvestor2:
They want you to make call on some of these stock fish.He turned blind eyes to some of the stocks you have said you are bullish on.They should know your kind of stock here.They want validation on some stock fish here.He did not see your recent post on presco and nahco.

emmanuelewumi:




Follow Loco, you should be fine.


Although free stock recommendations might be dangerous to the long term performance of your portfolio

Audacius:
IN-HOUSE DICTIONARY OF ACRONYMS



NSEMPA: Nigeria Stock Exchange Market Pick Alerts – Name of the thread.

FA: Fundamental Analysis – Stock analysis done with fundamentals of a stock such as financial statements and other economic indicators.

TA: Technical Analysis – Stock analysis done with using some technical tools and charts.

GA: Gut Analysis – From claims of having “gut feelings” about how a stock will move.

SA: Spiritual or Sentimental Analysis – From sentimental attachment to a stock and claims of spiritual insight into the future of a stock.

MH: Monkey hunting/ Monkey hunter – An allegation/accusation that a stock is being manipulated either by calls to buy or sell off. The "monkey hunter" then profits by buying more or selling off their holdings when prices move in their favour.
Background: From story of a businessman who goes to a village to buy monkeys. He buys at different intervals at ever higher prices thus creating a market for monkeys along with artificial scarcity. He ends up selling off all the monkeys back to the villagers who hoped there will always be market for monkey sale. He disappears after selling at the highest price and all the villagers had monkeys with no one to sell to, losing all their money in the bid. Author of the real story unknown. It is posted here once in a while.

SMN: stockmarketnewsnigeria [dot] com. A now-defunct website exclusively created for stock discussions like here. Was probably owned by owners of Nairaland.

Cowboys: CEOs of notable companies who are considered to display manipulative business tactics.

One Afolabi Unit: 2,000 units of any stock.
Background: I can’t recall. Someone should kindly provide the story behind the “Afolabi units” term.

JIJO: Jump in, Jump out. Term used by traders. Means buying a stock and selling at the very shortest term especially as soon as it makes some gains.

Tashere Units: Very few numbers of shares bought or left unsold. Amount depends on the person. Such shares are either bought or left in the portfolio to have a "foot in the door”, e.g. so as not to have to process e-dividend all over again or just to see how the stock will perform.

Loot: A gloating or bragging term for large profit from short term trade. A jackpot from JIJO. (As described by @Zendi)

Bull from Burundi: A way to describe noticeable general rise in the prices of stocks. An apparent play on the words bull and Burundi.

NOTA BENE
- Some of these are standard investment terminologies (FA, TA), others grew out of constant conversations and banters and created by members here or brought from SMN. I cannot recall who started using what term. All rights reserved to them.
- This compilation is just a contribution to render this thread easier to understand for new readers. It will be reposted maybe monthly or quarterly to aid new readers. Kindly correct, modify, clarify and add.

Thanks.

Valthegreat:
Please house which broker is the best in terms of seamless transactions and low fees?
I have checked Cardinal Stone as someone here advised but the information about their charges are not explicitly stated in their website.

Streetinvestor2:
Another insurance stock that may do close to Sanu insurance magic on the move...lol
No ask me to mention so that you won't cry on my head if it doesn't happen..I will buy it tomorrow for jijo if it is available.

I will use it for another 1 million naira challenge for 100%

veecovee:


Can you point out 2 or 3 of such stocks in the mkt

megawealth01:


Seems AIG isn't interested in wapic

chimex38:

Conflict of interest I think.. Hence undecided..

Promote Access pensions & Access insurance brokers as Chairman of AccessHoldCo.

OR Promote Coronation insurance(WAPIC) & coronation life insurance as founder of Coronation group ?

Sometimes there are competition between pension firms and life insurance firms.

essentialone1:


If Omatek goes on full bid for the next 3 days, it will likely hit the N1.15

BullBearMkt:
I recently came across this attached 150-year-old chart created by a farmer named Samuel Benner in 1875. How relevant is this chart, particularly to the Nigerian Stock Market? That’s the first question I asked myself. Looking at the recent yearly data of the NGX ASI, it appears to be quite relevant. We are now moving towards "B," the good times, which are projected to end by 2026 - three years after 2023.

PLAN YOUR TRADES AND TRADE YOUR PLANS

BullBearMkt:
I recently came across this attached 150-year-old chart created by a farmer named Samuel Benner in 1875. How relevant is this chart, particularly to the Nigerian Stock Market? That’s the first question I asked myself. Looking at the recent yearly data of the NGX ASI, it appears to be quite relevant. We are now moving towards "B," the good times, which are projected to end by 2026 - three years after 2023.

PLAN YOUR TRADES AND TRADE YOUR PLANS

KarlTom:
Thank you BBM for this chart.

Looking at the volatility of our current market, can we really say this is a good time to buy OR a good time to sell...🤔

BullBearMkt:
I recently came across this attached 150-year-old chart created by a farmer named Samuel Benner in 1875. How relevant is this chart, particularly to the Nigerian Stock Market? That’s the first question I asked myself. Looking at the recent yearly data of the NGX ASI, it appears to be quite relevant. We are now moving towards "B," the good times, which are projected to end by 2026 - three years after 2023.

PLAN YOUR TRADES AND TRADE YOUR PLANS

pluto09:


Good job.
Can we now go and relax with the hope that the bear will not come until 2027

Picky1:


Whatever happened to WAPIC purported delisting news sometime ago that made people sell-off their holding...pdp

zendi:


BNSITL : Brothers 'nd Sisters In The Lord.

Market Sharks:

Men In Black :

Vawulence :

TPAIN :

emmanuelewumi:




Follow Loco, you should be fine.


Although free stock recommendations might be dangerous to the long term performance of your portfolio

BullBearMkt:
I recently came across this attached 150-year-old chart created by a farmer named Samuel Benner in 1875. How relevant is this chart, particularly to the Nigerian Stock Market? That’s the first question I asked myself. Looking at the recent yearly data of the NGX ASI, it appears to be quite relevant. We are now moving towards "B," the good times, which are projected to end by 2026 - three years after 2023.

PLAN YOUR TRADES AND TRADE YOUR PLANS