ExLaidback:
A little word of advice to newbies on this thread.

Most people here post or talk a lot about their gains and not so much about their loses.

In my own very little experience, slow and steady is a very good strategy for this game especially if you're a rookie. In fact it's just as good if you're accomplished.

As the saying goes, even a blind pig would occasionally find some truffle, so when you make 30% on a trade you smartly entered without DD or because some fella on here whom you respect was screaming buy! buy!! buy!!! You'd soon lose it all or even more.


N.B: Don't read this now and say 'ah! EXLaidback is a guru, let me send him an inbox'. Nothing I've said above is new, I'm just a learner o.

Study to show yourself approved! By the way, hope I haven't dampened anyone's spirit because there's still money to be made this year.

Good one. Where does one begin the learning from?

If you click 'NSE Live' on marketwatch.ng, you will see a mysterious 'dangflour', ever trading at 1.87.
The webmaster might wish to explain which stock is this, their biz, and directors.

Godisfaithful:
http://www.nse.com.ng/Financial_NewsDocs/14081_FIDELITY_BANK_APPOINTMENT_CORPORATE_ACTIONS_JUNE_2016.pdf

http://www.nse.com.ng/Financial_NewsDocs/14086_SEVEN_UP_AUDITED_MARCH2016_FINANCIAL_STATEMENTS_JUNE_2016.pdf

http://www.nse.com.ng/Financial_NewsDocs/14078_ROYAL_EXCHANGE_-_DEC_2015_AUDITED_FINANCIAL_STATEMENTS_JUNE_2016.pdf

its this kind of '7down' result that deflates the market.

but they tried since their end year is march 31st but people are still expecting oando,Skye,stanbic,conoil whose year end is December.

what a pity.

Intendy:


its this kind of '7down' result that deflates the market.

but they tried since their end year is march 31st but people are still expecting oando,Skye,stanbic,conoil whose year end is December.

what a pity.

Sir, As from third quarter of this year CBN will take a very tough sanction on any company listed on the NSE delaying result without any reasonable justification. They want to ensure utermost transparency and accountability

abimcdssi:

Good one. Where does one begin the learning from?

Well Sir,

Investopedia is a repository of knowledge. At least 70% of your questions will be answered there. Secondly this NSEMPA thread is a must for someone willing to learn too. It's not always about JIJO, as this thread has good news and insights (and for this, God bless all the gurus in the house). Lastly, experience will fill the most crucial and critical gap, for nothing good comes easy.

Cheers

Zuckerberg, Bill Gates lose $3.4 billion to Brexit . Brother's and Sister's in the LORD, how much have you lose this year? .

ExLaidback:


Well Sir,

Investopedia is a repository of knowledge. At least 70% of your questions will be answered there. Secondly this NSEMPA thread is a must for someone willing to learn too. It's not always about JIJO, as this thread has good news and insights (and for this, God bless all the gurus in the house). Lastly, experience will fill the most crucial and critical gap, for nothing good comes easy.

Cheers

AMEN .

ihedioramma:
Zuckerberg, Bill Gates lose $3.4 billion to Brexit . Brother's and Sister's in the LORD, how much have you lose this year? .

Aliko lost N50b to naira floatation.
The bigger the head,
The bigger the headache.

A friend bought Flourmills at N24. Any short mid or long term hope for my friend?

Godisfaithful:


Sir, As from third quarter of this year CBN will take a very tough sanction on any company listed on the NSE delaying result without any reasonable justification. They want to ensure utermost transparency and accountability

I'm aware but it's a pity for their INVESTORS

ihedioramma:
Zuckerberg, Bill Gates lose $3.4 billion to Brexit . Brother's and Sister's in the LORD, how much have you lose this year? .

LOL!

BE EXTREMELY CAUTIOUS... There's going to be last minute surfacing of the BEARS!

THE BIG SMART GUY

stock with new 52 weeks high
JB #50.93k
no new low
Analyst @ GTI says JB fair value is #70

Godisfaithful:


Sir, As from third quarter of this year CBN will take a very tough sanction on any company listed on the NSE delaying result without any reasonable justification. They want to ensure utermost transparency and accountability

did u just said any company? Or u mean d banks?

Intendy:
stock with new 52 weeks high

JB #50.93k

no new low

Analyst @ GTI says JB fair value is #70

Excellent community service!
Keep up the good work.
Your JB m-hunt richly earned.

makashava:
Hummm for a referandum entry @#1.5 transcorp can brexit effect give it that much draw back? Or the new referandum will be better?


Oando @ #6 not too sure but we watch and see.

whats dis brexit noise about? What is killing us here is over analylsis. Every gadem event is juxtaposed with d market fluctuations. If buhari decides to eat ewedu instead of tuwo shinkafa, we start seaching for d effect on d market.

yom2:
whats dis brexit noise about? What is killing us here is over analylsis. Every gadem event is juxtaposed with d market fluctuations. If buhari decides to eat ewedu instead of tuwo shinkafa, we start seaching for d effect on d market.

The stock market is where people run when nothing is pursuing them.

zendi:
Aliko lost N50b to naira floatation. The bigger the head, The bigger the headache.

What about you Zendi my Brother ?

yom2:
whats dis brexit noise about? What is killing us here is over analylsis. Every gadem event is juxtaposed with d market fluctuations. If buhari decides to eat ewedu instead of tuwo shinkafa, we start seaching for d effect on d market.

Hehehe......see muscle flexing ooooo.why not put your own head if you are not afraid of BREXIT.......

7-UP

Profit for the year:- 3,347,463(2016) 7,125,788(2015)

OBAGADAFFI:
7 UP

Profit for the year:- 3,347,463(2016) 7,125,788(2015)            

Una no dey drink Seven up again? hian!

Morgan just bleeped up die minute.

Haaaa, seems FBNH just entered BID and I wan enter the Bus heavily tomorrow...Chai. Who put that BID price there self...N3.99 all day.

ihedioramma:
What about you Zendi my Brother ?

Brother, I lose sometimes, and gain smetimes.
Thank God, I gain more times than I lose,
and that's why you're still seeing my posts.

We're making money this year.
PRAISE JAH !

cadno:
Haaaa, seems FBNH just entered BID and I wan enter the Bus heavily tomorrow...Chai. Who put that BID price there self...N3.99 all day.

I'm not sure what you mean but this market na real the more you look the less you see. FBNH was on almost full bid right from start of trade this morning! Bid was at 22M+ while offer was a mere 400k+ yet the price no cross 3.99. I placed a trade at 4.1 and it wasn't placed in the market. So except like 21M out of the 22M bids were by one person who placed limit price of less than or equal to 3.99, i really don't get why there wasn't a further increase in trading price.

ExLaidback:


I'm not sure what you mean but this market na real the more you look the less you see. FBNH was on almost full bid right from start of trade this morning! Bid was at 22M+ while offer was a mere 400k+ yet the price no cross 3.99. I placed a trade at 4.1 and it wasn't placed in the market. So except like 21M out of the 22M bids were by one person who placed limit price of less than or equal to 3.99, i really don't get why there wasn't a further increase in trading price.

At 3.99, it was at the maximum possible gain for the day (5%). When I noticed the bid, I checked and saw it was at full 5%, unlike others that could not round up, due to previous close calculation. You will see 4.XX% most places.

locodemy:


Hehehe......see muscle flexing ooooo.why not put your own head if you are not afraid of BREXIT.......

even d foreign markets are already stabilizing. How much more ours that does not have a direct exposure.

Kashif:


At 3.99, it was at the maximum possible gain for the day (5%). When I noticed the bid, I checked and saw it was at full 5%, unlike others that could not round up, due to previous close calculation. You will see 4.XX% most places.

Yeah it was at the maximum limit price, but I thought that when proper trading starts, with such a huge bid/offer ratio it will break the 5% limit since the overall ceiling is 10%?

Pause-mode for newbies. Market get as e be ooo

ExLaidback:


Yeah it was at the maximum limit price, but I thought that when proper trading starts, with such a huge bid/offer ratio it will break the 5% limit since the overall ceiling is 10%?

B4 a stock can gain max 10% in a day, it must gain5% during pre-mkt . the price becomes the opening price. then another 5% of the opening price when floor opens.
If it didnt gain 5% during premkt, it can't just gain 10% when the real trading starts

feelamong:


Una no dey drink Seven up again? hian!

Haba, na so 7UP dey sweet?

zendi:

Brother, I lose sometimes, and gain smetimes. Thank God, I gain more times than I lose, and that's why you're still seeing my posts.

We're making money this year.
PRAISE JAH !

AMEN . JAH BLESS but are you into politce befor? i ask how much you lose and this your reply . one love