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Nigerian Stock Exchange Market Pick Alerts - Investment (1482) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 5:03am On Apr 04, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by dragonking2: 7:09am On Apr 04, 2016
PETERiCHY:
http://www.punchng.com/fg-returns-petrol-subsidy-retains-official-pump-prices/

What a confused government angry
A confused and useless govt. they say one thing today, and say another tomorow. No wonder the economy is in a shambles.
Re: Nigerian Stock Exchange Market Pick Alerts by UD4040: 7:23am On Apr 04, 2016
@God is faithful- mail sent- waiting for response- tnks
Re: Nigerian Stock Exchange Market Pick Alerts by ORAGBON(m): 7:32am On Apr 04, 2016
ExLaidback:


grin



Sure, only I don't know where to start.

People like Megainvest, NuttyChoky, Intendy, Raider76, Mercylicious and some others here are in a better position to answer this. There's another guy who's moniker I've forgotten.

But I'll just give you my brief answer as I know am reach for now. I've come into stock trading with a background in Engr not economics so... Anyway, the two most basic skills I believe you should have are Analysing Balance Sheets/Annual reports and trend analysis/pattern recognition skills. I've found the two, very key skills They entail a lot when you break them down. People generally say technical and fundamental stock analysis. But without being too esoteric, I think one can start with these.

There are so so many things that can affect the price of a stock. So many. Economic policies, business news, Nuttyfraud, deaths, appointments, new products, new competitors, profit, loss, war, time of the year etc. You have to be aware of how many indices may be playing on a SP at a given time t.

There are resources on the internet anyway. Of course we learn everyday and continue learning some more. I only started making money in stocks recently after taking it more seriously. The thing fit frustrate you if you'Re not careful o. So ...


Thank you sooo much I truly appreciate.
@Mercylicious@Megainvest@Nuttychoky@Intendy@Raider76 your help will forever be appreciated.
your friend here has truly lost money in this market, I mean money! I believe God linked me to this forum to meet with great men & women like you all
Re: Nigerian Stock Exchange Market Pick Alerts by funkymeky: 7:38am On Apr 04, 2016
ExLaidback:


grin



Sure, only I don't know where to start.

People like Megainvest, NuttyChoky, Intendy, Raider76, Mercylicious and some others here are in a better position to answer this. There's another guy who's moniker I've forgotten.

But I'll just give you my brief answer as I know am reach for now. I've come into stock trading with a background in Engr not economics so... Anyway, the two most basic skills I believe you should have are Analysing Balance Sheets/Annual reports and trend analysis/pattern recognition skills. I've found the two, very key skills. They entail a lot when you break them down. People generally say technical and fundamental stock analysis. But without being too esoteric, I think one can start with these.

There are so so many things that can affect the price of a stock. So many. Economic policies, business news, fraud, deaths, appointments, new products, new competitors, profit, loss, war, time of the year etc. You have to be aware of how many indices may be playing on a SP at a given time t.

There are resources on the internet anyway. Of course we learn everyday and continue learning some more. I only started making money in stocks recently after taking it more seriously. The thing fit frustrate you if you'Re not careful o. So ...


can i give a call pls... I guess u can put me tru a whole lot... Hoping for ur response
Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 8:59am On Apr 04, 2016
Don't be addicted to stock trading!!! It is never a proud achievement... Diversify ur investment...
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 9:21am On Apr 04, 2016
ufotty2001:
Don't be addicted to stock trading!!! It is never a proud achievement... Diversify ur investment...
Africa China lyrics some years back.
You never can tell who go be your best friend(stock)......

Your worst enemy(stock) go fit be your best friend(stock).........

like you rightly said,don't get ADDICTIVE/EMMOTIONAL/GLUE to stocks,keep your mind open to see better opportunities

SHINE YOUR EYES WELL AND ACT WHEN ITS TIME.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by spinoff: 9:27am On Apr 04, 2016
ExLaidback:


grin



Sure, only I don't know where to start.

People like Megainvest, NuttyChoky, Intendy, Raider76, Mercylicious and some others here are in a better position to answer this. There's another guy who's moniker I've forgotten.

But I'll just give you my brief answer as I know am reach for now. I've come into stock trading with a background in Engr not economics so... Anyway, the two most basic skills I believe you should have are Analysing Balance Sheets/Annual reports and trend analysis/pattern recognition skills. I've found the two, very key skills. They entail a lot when you break them down. People generally say technical and fundamental stock analysis. But without being too esoteric, I think one can start with these.

There are so so many things that can affect the price of a stock. So many. Economic policies, business news, fraud, deaths, appointments, new products, new competitors, profit, loss, war, time of the year etc. You have to be aware of how many indices may be playing on a SP at a given time t.

There are resources on the internet anyway. Of course we learn everyday and continue learning some more. I only started making money in stocks recently after taking it more seriously. The thing fit frustrate you if you'Re not careful o. So ...


Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 9:28am On Apr 04, 2016
funkymeky:

can i give a call pls... I guess u can put me tru a whole lot... Hoping for ur response

Bro, Ordinarily no problem BUT grin if I keep answering these questions on this forum it will ultimately reduce the value of the forum. Why? I'm more or less a starter who's learned a lot from the forum (I actually came to learn). I will be deceiving you if I posture as one who's learned. @Megainvest & Intendy are in a much better position to help

cry I hope you're not offended by my response though
Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 9:49am On Apr 04, 2016
Hello House,
I noticed DangoteSugar price has been adjusted downward to N5.50.
The closure of register is 4th-8th April 2016.
Will I qualify for the dividend if i sell my shares today?
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 9:59am On Apr 04, 2016
BMZK:
Hello House, I noticed DangoteSugar price has been adjusted downward to N5.50. The closure of register is 4th-8th April 2016. Will I qualify for the dividend if i sell my shares today?
YES. I'm happy now for people who can see the market themselves. gone are the days of only broker
Re: Nigerian Stock Exchange Market Pick Alerts by goodyr: 10:03am On Apr 04, 2016
HAPPY new week
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:07am On Apr 04, 2016
Good morning bnsitl,
Fo is abt to raise plenty money. Source channels news this morning.

What's ur take on this? Positive or negative news?

I ased cos its a 2way thing. There is probability that the will move the price up b4 they come for the offer.

There is another negative probability DT ppl will dump theshares for fear of dilution.
What's ur take?

EDITED

i just remembered they issued bonus. so the price will continue to decrease till ppl finish selling off. only then can they start their mm things if they want to.
FO , MY EYES ARE ON YOU.
Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 10:11am On Apr 04, 2016
WHEN WILL I START HAVING SENSE... SOMETIME OVER GREEDINESS CAN MAKE U MISS A GOOD STOCK... grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 10:17am On Apr 04, 2016
please will transcorp still fall lower than 0.95k
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:17am On Apr 04, 2016
ufotty2001:
WHEN WILL I START HAVING SENSE... SOMETIME OVER GREEDINESS CAN MAKE U MISS A GOOD STOCK... grin grin grin grin grin

which stock are u talking abt?
Re: Nigerian Stock Exchange Market Pick Alerts by NuttyChoky(m): 10:21am On Apr 04, 2016
mercylicious:
Good morning bnsitl,
Fo is abt to raise plenty money. Source channels news this morning.

What's ur take on this? Positive or negative news?

I ased cos its a 2way thing. There is probability that the will move the price up b4 they come for the offer.

There is another negative probability DT ppl will dump theshares for fear of dilution.
What's ur take?

Negative Mercy...

I would stay off Oil & Gas downstream stocks at the moment. I have voiced this sentiment earlier.

As at today, NNPC is the sole importer of petroleum products (because of our senseless exchange rate policy & Kachikwu's price modulation) so expect the earnings of downstream companies to be VERY poor in 2016... If you look closely at their 2015 numbers you would see that was the same e.g. remove other income and finance income from Total earnings last year and their performance was terrible...

I believe Forte Oil might be trying to increase their downstream distribution infrastructure but I read some release where they are talking about investing in Upstream assets (I come dey wonder weda their sense complete).

Basically, if they are not raising funds to build a refinery, my hand no dey...

My 2 cents...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 10:23am On Apr 04, 2016
please house i need ur advice... diamond bank cant go above 1.20k everyday despite that it closes with 1.20k everyday @ full bid ... even the premarket shows offer of 1.26k but immediately the market open it was adjusted back to 1.20k.. please i dont understand this manipulation... why is +5/-5% not working with diamond bank cool cool
Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 10:26am On Apr 04, 2016
mercylicious:


which stock are u talking abt?
firstbank.. when 1st bank was 3.00 my bid was 2.90k ... now firstbank too late to buy
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:27am On Apr 04, 2016
@house,
a newbie asked a question. so sorry i cannot answer now. monday morning busy things.
will read your question in the evening and answer if i know the answer.
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:30am On Apr 04, 2016
ufotty2001:
please house i need ur advice... diamond bank cant go above 1.20k everyday despite that it closes with 1.20k everyday @ full bid ... even the premarket shows offer of 1.26k but immediately the market open it was adjusted back to 1.20k.. please i dont understand this manipulation... why is +5/-5% not working with diamond bank cool cool

You need to understand the market rules before you conclude it isn't working. Before the market opened, what were the HIGHEST bid price and LOWEST offer price?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:31am On Apr 04, 2016
ufotty2001:
please will transcorp still fall lower than 0.95k

i wonder if there is any news in short term that will move transcorp. a coy dt did not deem it fit to give the shareholders even 1kobo as dividend.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 10:33am On Apr 04, 2016
Manonamission:


You need to understand the market rules before you conclude it isn't working. Before the market opened, what were the HIGHEST bid price and LOWEST offer price?
sir, the highest bid price was 1.26k and the lowest offer was 1.10k... this issue occur everyday.. diamond bank can go above 1.20k .. brother, watch out zenith bank today it may close @ 1.20k @ full bid.. tomorrow the same diamond bank will still not go above 1.20k..
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:37am On Apr 04, 2016
NuttyChoky:


Negative Mercy...

I would stay off Oil & Gas downstream stocks at the moment. I have voiced this sentiment earlier.

As at today, NNPC is the sole importer of petroleum products (because of our senseless exchange rate policy & Kachikwu's price modulation) so expect the earnings of downstream companies to be VERY poor in 2016... If you look closely at their 2015 numbers you would see that was the same e.g. remove other income and finance income from Total earnings last year and their performance was terrible...

I believe Forte Oil might be trying to increase their downstream distribution infrastructure but I read some release where they are talking about investing in Upstream assets (I come dey wonder weda their sense complete).

Basically, if they are not raising funds to build a refinery, my hand no dey...

My 2 cents...

I know their result will be poor, but b4 results come out, there are news that cause volatility of the price and i dont mind using any if i find one.
for eg, the return of fuel subsidy as posted by peterichy this morning. The news will cause bull in downstream oil coys in the short term. The most important thing is to know when to exit in such volatilities.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by bolabiyi: 10:41am On Apr 04, 2016
mercylicious:


i wonder if there is any news in short term that will move transcorp. a coy dt did not deem it fit to give the shareholders even 1kobo as dividend.
And how far did d coy's dat gave good dividend go? Enough sentiment in d market now..notin moves stock dis days, except seeing a value stock too cheap to ignore... grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:42am On Apr 04, 2016
zendi:
Is anybody looking for picks? The floor is littered and heaped with fantastic picks.
I have heard since I was a kid that "Opportunity Comes But Once". I have now concluded that this is not true, at least not in the stock market. What is true of the market is this : "History Repeats It's Self".
Looking at diamaond under 4, fcmb under 3, access set to drop under 5, historic prices are here again. The future is available again on awesome discount. Sharply therefore, take uba, skye and fidelity. How low can low prices be?
We are in "Ministerial List Bear". Hopefully, after release of ministerial list, bull will come, and the party will continue.

Since the beginning of Buhari regime we've been hearing all sort of story
Abeg make i laugh this beautiful Monday afternoon grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:45am On Apr 04, 2016
fbn on 7.25%
any news?
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:46am On Apr 04, 2016
ufotty2001:
sir, the highest bid price was 1.26k and the lowest offer was 1.10k...

Did you confirm this was the case after 10:00am? I can place a bid at pre-market and cancel it before 10:00am (10:00am - 10:14:59am is dedicated to Market makers only)

If the N1.26k bid was placed by any other investor and he sees that there are much lower offers, the sensible thing to do is to cancel it while you still can. I do that often. Except the N1.26 price was placed by a MM during the window specified above.

Anyway, the reference price for Diamond is N1.15.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 10:46am On Apr 04, 2016
I had to throw Fidelity under the bus!
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:48am On Apr 04, 2016
ufotty2001:
Don't be addicted to stock trading!!! It is never a proud achievement... Diversify ur investment...

So now you are seeing what i have been preaching since mid-last year while the myopic ones tagged me anti-NSE and unpatriotic citizen grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 10:51am On Apr 04, 2016
mercylicious:
fbn on 7.25%
any news?
Skelewu! Skelewu! Skelewu!
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:52am On Apr 04, 2016
ufotty2001:
please will transcorp still fall lower than 0.95k

As the Lord liveth..... grin

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