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Nigerian Stock Exchange Market Pick Alerts - Investment (1637) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:02pm On Jun 09, 2016
cadno:

You nailed it Brother.

The capital i have right now to run my business is from oando and i will continue to see money in this stock.
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 4:10pm On Jun 09, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 4:11pm On Jun 09, 2016
NuttyChoky:
House,
Please has anybody received UACN dividends?
Yes
Re: Nigerian Stock Exchange Market Pick Alerts by NuttyChoky(m): 4:14pm On Jun 09, 2016
Intendy:


Yes

Thanks. I know Afriprud doesn't delay and that is why I am surprised that I have not received alert yet sad
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 4:18pm On Jun 09, 2016
teeboy95:


lost Millions in this stock late last year..
can't touch that Oando even with a long spoon
As a rule, NEVER TURN YOUR BACK ON ANY STOCK, BUT YOU CAN TAKE YOUR EYES AWAY FOR SOMETIME. I HAVE GAINED MORE THAN FOUR TIMES OF THE MONEY I PREVIOUSLY LOST IN OANDO.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 4:21pm On Jun 09, 2016
millo:
I have to disagree with you a little. The fact that you lost millions on it means that some others made millions on it. OANDO is one of the textbook examples for a JIJO (jump in jump out) stock- if it rises, it must come down, if it comes down, it must rise again.You must not invest money you need urgently on it so that if things goes south, you either quickly jump out and lick your wounds or just wait for it to rise back up. The good thing about oando and some other stock is that it is always very liquid. As a rule, I do not go near illiquid stocks. What is the point if I put for example 2M on a stock whose daily sales is usually not more that 200k? what happens if I need to jump out? Na my only stock dem go sell that day?
For medium term strategists, I think OANDO is a bad idea, but for the long term strategists, I think it is very undervalued. People in 5-10 years will not believe that this stock was just above 3 naira this year. I know most people here are JIJO strategists, but stocks like these are good for people with long throat who have a high risk appetite, but also patience if thing does not go well in the immediate-term. It also means you should have access to money you can afford to leave alone for some time.
Declaration of interest: I have got my fingers burnt big time on oando, but then I have also made good profits both real and imaginary. Bought massively at <4 and 5naira. Waiting to bail out soon and reenter.

It is finished.
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 5:47pm On Jun 09, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by Zhirinovsky: 5:59pm On Jun 09, 2016
My brethren, please which platform do you guys use for your stock trading?

Does anyone here use MorganCapital's itrade? I havve a few questions:
Apart from the 0.25% brokerage fee, what are the other operating expenses like? I mean NSE,SEC etc charges
Does itrade has the Short Sell option? Can a user short sell equities?
How efficient is their "Stop Loss" button?
Please am only use to trading on NYSE and am hearing for the first time that i can place a sell order but it won't be executed due to "Full Bid" please how often does this occur in the NSE?v are there stocks more prone to that?
Re: Nigerian Stock Exchange Market Pick Alerts by Ovamboland(m): 8:10pm On Jun 09, 2016
virtual3xpert:


Thank you! They have absolutely no clue. I suspect it might be CSCS number. Sadly the bank won't even sign it without providing this special number.

it was the CSCS number that stalled the process with GTB, but the most annoying part was the piecemeal information from the bank staff. I had to abandon the process and will probably hand over the stamped forms to my broker to process
Re: Nigerian Stock Exchange Market Pick Alerts by mrsage(m): 8:24pm On Jun 09, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 9:12pm On Jun 09, 2016
I think it is time for me to retire from JIJO for the year. I'm going back to my long term buy and hold strategy. I will be hunting for value stocks from now on. The adrenaline involved in JIJO is something else! God bless you JIJO masters!

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Primetech(m): 9:51pm On Jun 09, 2016
Godisfaithful:
AfDB approves $150million line of credit to UBA

http://businessdayonline.com/2016/06/afdb-approves-150million-line-of-credit-to-uba-2/

Nice that I took position today. Na fly mode we dey now... wink wink

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by DAVIDOLAWALE: 9:57pm On Jun 09, 2016
Has anybody heard and trade on ARM stock trade before. Kindly share your experience
Re: Nigerian Stock Exchange Market Pick Alerts by Zhirinovsky: 10:01pm On Jun 09, 2016
Someone should attend to my questions above na.......no be friendly match we dey play for here??
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 12:06am On Jun 10, 2016
fxuser:
Transcorp forms 3 Doji's in a row . . closing under N1.4

dis: cashed out.

It formed only one doji in the last three trading days.
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 12:30am On Jun 10, 2016
Zhirinovsky:
My brethren, please which platform do you guys use for your stock trading?

Does anyone here use MorganCapital's itrade? I havve a few questions:
Apart from the 0.25% brokerage fee, what are the other operating expenses like? I mean NSE,SEC etc charges
Does itrade has the Short Sell option? Can a user short sell equities?
How efficient is their "Stop Loss" button?
Please am only use to trading on NYSE and am hearing for the first time that i can place a sell order but it won't be executed due to "Full Bid" please how often does this occur in the NSE?v are there stocks more prone to that?

Most of us here use Morgan iTrade. Yes, there are other charges like sec, nse, trade alert, cscs and stamp duty, depending on whether you're buying or selling. The iTrade does not have a Short Sell option, but you can call MorganCapital and ask if they offer Short Selling. Their stop-loss is the worst I have used. Sometimes you get stopped out before the price gets to your stop price. Regarding not being able to sell when the stock is on full bid, I'm not sure where you got that from. You should be able to sell when the stock is on bid.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by bolabiyi: 12:47am On Jun 10, 2016
megainvest:
I think it is time for me to retire from JIJO for the year. I'm going back to my long term buy and hold strategy. I will be hunting for value stocks from now on. The adrenaline involved in JIJO is something else! God bless you JIJO masters!
bro, no b small tin oo..your strategy not bad though, but plenty chances go still show for jijo..wish u best of luck bro..we r still making money dis year.. cool
Re: Nigerian Stock Exchange Market Pick Alerts by Thunderlicious: 1:23am On Jun 10, 2016
Buy Tigerbrands and Unity bank now and thank me later.
Re: Nigerian Stock Exchange Market Pick Alerts by mrsage(m): 1:32am On Jun 10, 2016
Thunderlicious:
Buy Tigerbrands and Unity bank now and thank me later.

Wetin you hear o? Kindly tell us. I'm about to dive in too. Tigerbrands
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 6:42am On Jun 10, 2016
Thunderlicious:
Buy Tigerbrands and Unity bank now and thank me later.
If you're a farmer, expect the rains this June and thank me later. grin
Which member here is not already aware of the new circumstances of these two?
Re: Nigerian Stock Exchange Market Pick Alerts by Zhirinovsky: 7:17am On Jun 10, 2016
God bless you
Elai147:


Most of us here use Morgan iTrade. Yes, there are other charges like sec, nse, trade alert, cscs and stamp duty, depending on whether you're buying or selling. The iTrade does not have a Short Sell option, but you can call MorganCapital and ask if they offer Short Selling. Their stop-loss is the worst I have used. Sometimes you get stopped out before the price gets to your stop price. Regarding not being able to sell when the stock is on full bid, I'm not sure where you got that from. You should be able to sell when the stock is on bid.
Re: Nigerian Stock Exchange Market Pick Alerts by forbes30: 8:04am On Jun 10, 2016
.....@Stockbull and Samguru....mehn! where have you guyz gone to....I have been reading the very old threads and
your inputs were insightful ....like the info Stockbull gave on access bank on the 23rd of March....
...@Feelamong.....keep it up.......................
....@Other stock Gurus in the house..... I salute you all.......Good Morning guyz......
....whats on our plate for today......................

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Joysmart(f): 9:30am On Jun 10, 2016
Godisfaithful:


CBN might rollout the plan concerning the flexible exchange rate any moment from now grin

https://businessdayonline.com/2016/06/buhari-endorses-cbns-flexible-fx-market-bid/
please can someone explain this in a lay man's terms?
Re: Nigerian Stock Exchange Market Pick Alerts by Primetech(m): 9:33am On Jun 10, 2016
It feels Green today
Re: Nigerian Stock Exchange Market Pick Alerts by Primetech(m): 9:39am On Jun 10, 2016
Early bids on UBA... grin
Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 10:17am On Jun 10, 2016
Godisfaithful:



Sir, i'm very sorry to hear this. The SEC rule has nothing to do with your delayed money. The broker should do whatever it takes to deposit or transfer your money to your account either by issuing a check or online transfer. At least one of it has to work for better customer service. In a nutshell, something is not right base on the concern you stated against your broker!

Sir thank you for your response the money was sent on Wednesday with what might be called sincere apologies. I am slowly but surely moving my investments to another broker grin
Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 10:20am On Jun 10, 2016
ukay2:



Please tell us who is your broker so that we will know them....and take precaution/avoid them

Thanks.
Sir I will be more than happy to but will wait till if things get really bad before i will take retaliatory action like that wink wink
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 10:52am On Jun 10, 2016
seplat has finally landed.
Re: Nigerian Stock Exchange Market Pick Alerts by Cation(m): 11:11am On Jun 10, 2016
am thinking of registering on the platform but still trying to learn some basic things.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:12am On Jun 10, 2016
Good morning good people. Please how much is tigerbrand share trading at the moment and which website can one monitor the stock market live when trading is on? Thanks in anticipation for your replies. Have a great weekend ahead everyone
Re: Nigerian Stock Exchange Market Pick Alerts by forbes30: 11:17am On Jun 10, 2016
bejay247:
Good morning good people. Please how much is tigerbrand share trading at the moment and which website can one monitor the stock market live when trading is on? Thanks in anticipation for your replies. Have a great weekend ahead everyone

...... http://www.bloomberg.com/quote/TIGERBRA:NL ....................
.....you can try these dudes(bloomberg)......the graph might not necessarily be accurate but
the figures and percentages are as close to real-time as you can get without using a trading platform....

Re: Nigerian Stock Exchange Market Pick Alerts by cadno(m): 11:26am On Jun 10, 2016
Unity Bank on Offer? Pls some one post the Bid/Offer price lets see. Maybe time to average down is here...

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