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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11365341 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:20pm On Jun 08, 2015 |
1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by hotcake: 7:57pm On Jun 08, 2015 |
mercylicious:Mamm, you are very funny. The same thing happened to me on Dansugar on the 30th Jan this year, cant forget the day.. In the twinkling of an eye the price went from -10% to +10%. There and then, NSE closed for the day. Shi kenan. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Sokijosh: 8:30pm On Jun 08, 2015 |
In the market environment, you have to make the rules to the game and then have the discipline to abide by these rules, even though the market moves in ways that will constantly tempt you into believing you don't need to follow your rules this time. Mark Douglas . |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:52pm On Jun 08, 2015 |
Sokijosh: Plz what are d rules? hotcake:Have u considered other end of month deals for dang sugar? It seems some institutions may be using the price to close their books. Just d same way the price of everything DT has to do with fangote and otedollar rise during Forbes ranking . |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:00pm On Jun 08, 2015 |
Anything cooking at becopetroleum? Huge volumes for awhile now. |
Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 10:05pm On Jun 08, 2015 |
mercylicious:Only the hunters can fathom it. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by passwelle: 12:48am On Jun 09, 2015 |
hotcake:Ma, it probably felt like it. But, that wasnt the case. The intra day range of every stock on the NSE permits a change of +/- 5% at market open to set the reference price. A further maximum of +/- 5% of this reference price is then allowed during continuous trading to give a maximum intraday range of +/- 10.25% of the previous closing price. It is not possible to have a 20% swing. On said day Dangsugar had a low of 5.88 and closed 6.42. |
Re: Nigerian Stock Exchange Market Pick Alerts by hotcake: 2:39am On Jun 09, 2015 |
passwelle: Oga pw, pls check your figures again for the 30/1/2015. Officially it closed at 6.82 opened at 6.28 (some say 6.50?).with official low of 6.18 But in fact it went well below 6.18 intraday and that was what made me to sell at 6.10 (note not 6.18!). This scenario was vividly collaborated by one Dr. Awo of SMN on that day. "The Manipulation of prices that Goes on in NSE ehn, no be small thing! I finally became a believer after seeing what transpired in Dangote sugar today... Almost all through trading today, it ranged between 6.18 -6.20. Then about 10 seconds to the end of trading, gbam, over 5 million units traded at 6.82 and, Voila, We have a green day! NSE I hail o!!!" |
Re: Nigerian Stock Exchange Market Pick Alerts by hotcake: 2:45am On Jun 09, 2015 |
mercylicious:@mercylicious, No I haven't. One may need insider info for this kain thing. |
Re: Nigerian Stock Exchange Market Pick Alerts by otokx(m): 4:40am On Jun 09, 2015 |
Where are the OANDO fans? |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:58am On Jun 09, 2015 |
otokx:we are here, nothing day pa one day one day you know go see buy or cant enter. hope it will go up today. |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:04am On Jun 09, 2015 |
ihedioramma: Bros next time u speak in tongue, try interpret am, u hear me? |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:05am On Jun 09, 2015 |
otokx: They are moody at the moment, waiting for NASS elections today |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 5:43am On Jun 09, 2015 |
Agbalowomeri:brother chibuking81 is there to interpret and the A's, is like you are among them? . |
Re: Nigerian Stock Exchange Market Pick Alerts by passwelle: 6:31am On Jun 09, 2015 |
hotcake:Just rechecked the numbers. Your numbers are right, mine were wrong. I quoted 2014 figures. Note that the intra day range is still within the 10.25% aside of the 6.10 which is not within 5% of the opening/reference price of 6.50. I hope the 6.10 figure is not based on your net proceeds? As this will have commissions and charges deducted. If you actually sold at 6.10 on a day Dangsugar closed at 6.82, pls pm me, as I know a lawyer. |
Re: Nigerian Stock Exchange Market Pick Alerts by passwelle: 6:37am On Jun 09, 2015 |
@All in the house Please can any of the Ogas who manage portfolios comment on the maximum intra day range on NSE? @Davide470 @feelamong @elai47 @agbalowomeri etc Thanks. |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:04am On Jun 09, 2015 |
passwelle: Bros this one na for JIJO masters na. Wetin concern me with intra day range. Sorry I no get knowledge for this one 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by davide470(m): 8:44am On Jun 09, 2015 |
passwelle:The below snapshot should suffice.. 2 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by hotcake: 9:27am On Jun 09, 2015 |
passwelle:You can't imagine how much I appreciate your concern over the incidence. Yes, I did sell at 6.10 You will observe that the date is very fresh in my memory. However, for three reasons, I won't press charges 1.They are tasere units 2. I still made a profit althogh it could have been a lot more if I were able to sell at 6.82 3. I am always conscious of investing only what I can afford to lose if it comes to the crunch in this market If ever I need legal help in this market, I'll know who to turn to. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:33am On Jun 09, 2015 |
http://nairametrics.com/skye-bank-ceo-makes-two-key-comments-regarding-mainstreet-bank-acquisition/ Skye to make a decision on being a holdco in 3rd quarter. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:36am On Jun 09, 2015 |
This one passwelle is making himself available to hotcake, offering financial and legs services to the hottest female cake in d forum. Did u see wat am saw? ![]() 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:44am On Jun 09, 2015 |
Buy dangote cement whole at discounted prices...
Contact Mr Lucas imonofi for sales enquiries on
08131194284. |
Re: Nigerian Stock Exchange Market Pick Alerts by passwelle: 10:06am On Jun 09, 2015 |
mercylicious:Lol, you know every now. Dexter loves APR, Agbalowomeri loves APR, Myjoy08 loves to buy, Chibu loves to panic and PW loves Cake ![]() 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by bigass(f): 10:08am On Jun 09, 2015 |
passwelle: ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by spicytayomic(m): 10:26am On Jun 09, 2015 |
![]() ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 10:32am On Jun 09, 2015 |
Over N100m pumped into UBA already. Buy oando and go to sleep. Dont say you were not told. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 10:38am On Jun 09, 2015 |
mercylicious: So hotcake is a lady? Oga Passwelle eyes sharp wella |
Re: Nigerian Stock Exchange Market Pick Alerts by bigass(f): 10:41am On Jun 09, 2015 |
the only fire i see on the mountain of NSE is - volume. Low volume |
Re: Nigerian Stock Exchange Market Pick Alerts by hbrednic: 10:54am On Jun 09, 2015 |
Saraki now president of the senate ![]() ![]() the bulls are coming 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by spicytayomic(m): 10:58am On Jun 09, 2015 |
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 11:04am On Jun 09, 2015 |
hbrednic: Yes, the bulls are coming especially after i saw over N100m pumped into UBA immediately the market opened.. ![]() 1 Like |
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