feelamong:


Good one for the Coal Miners...anyone listed on the NSE?

I pity the gas industry ....the damage being done by the ND Militants would take time to recover..

didn't they hint they'd be mining their own coal?

Market volatility is very good for investors.

Buy low price and sell higher within a short time.

But why is May and Baker on full offer despite the 2015 FY and 2016 H1 reports this year of been out debt and returning to profitability?

Ovamboland:
But why is May and Baker on full offer despite the 2015 FY and 2016 H1 reports this year of been out debt and returning to profitability?

That May and Baker has been a mystery to me for long time.

where is Chibuking and all his haters?

alphabanks:
where is Chibuking and all his haters?

Why asking?

davide470:
Is the PRESCO ride a bubble?

All pointers indicate SELL, but...

Fxuser, abeg your analysis is needed here

-the shares are not liquid
-very thin volumes for most of the year
-RSI indicating oversold
-a very big inverted hammer yesterday (indicating a lot of cashing out)
-macd is still showing +ve sentiment , well above d zero line


no opinion on d matter

because i remember some time ago how he was castigated when he warned of the woes the market is currently experiencing.

ihedioramma:
Why asking?

Watching post forex ban
-FCMB on full bid #fav
-Fidelity will soon join d full bid

Mfunkynation:
wish yu d same oo! Boss, diamond,fcmb n zee r hurting me badly, pls wat shld i do?

Sir, I'm very sorry to hear that. Just be patient and don't sell your stocks with huge loss. Sometimes patient in stock market is a symbol of strength not weakness. It is a matter of time...

USD now N430 in UAE,

N500 here we come

*ThE OcToPuS*

Godisfaithful:


Sir, I'm very sorry to hear that. Just be patient and don't sell your stocks with huge loss. Sometimes patient in stock market is a symbol of strength not weakness. It is a matter of time...

Thanks

pls economists in our midst.......pls help me to understand the words reccession and depression......i learnt that we are heading to depression as we are already in recession..........what will be the status of the country when we are in depression and how will it react on the stock market?..........Thank you

Person wey neva save himself wan save people , betat go amend on ur own /past mistakes ..what u said they shld not do is what u re doing and u wan save pple

stocks with new 52 weeks low
champion brewery #2.47k
john Holt #0.66k
Tripple gee #1.46k
no new high.

Ovamboland:
But why is May and Baker on full offer despite the 2015 FY and 2016 H1 reports this year of been out debt and returning to profitability?

because they have some questionable managers and chairperson

interesting start to Sept

- dangcem dragged the index above 28,000 (coal fired up)
- 3 most actively traded stocks were:
Diamond Bank (62.47mn)
FCMB (47.29mn)
Fidelity Bank (33.99mn)
- local penny hunters at work
- accumulation mode still at play
- all oversold


dis:
I de all 3, fcmb a fav.

JLINE:

@ Tritri...the current price is now 3.05,like i promised in the above previous comment.
first FBNH is headed straight to 3.41 which would be the first bus stop and then maybe a little rally when price gets there but don't still close as at that price yet cos there is more to come. Then price will head towards 3.75 (there are valid numbers before this larger targets like 3.14 e.t.c as these particular ones given are a very long term basis cos i used YTD DATA from those sites given to me),that's all i can give you at the moment cos giving you more will be a bit vague and unnecessary info...after this plays out,i might still give future prices but don't think so though (remember all this will not just happen immediately as it will take time maybe hours,days or months). NSE is boring and volativity doesn't make it fun. please do remember that i might just be wrong but hardly though ...out of here b4 i get attacks.
SHALOM

opening price today was 3.13, just 0.01 from the bolded figure above...doesn't mean it won't hit,just means there is a pattern up there.

ucap
- very tired !
- since touching N2.80 (Jul15), SP down -20% to close at N2.25
- still under bearish sentiment , MACD below zero line
- no reversal in sight yet

UBA & Access (interim div play)
- both dancing musical chairs really, hovering ard 50 DMA
- sideways
- hold

FBN
-spent 1 day under N3
- bargain hunters cud just not wait to average down or mop
-MACD barely crossing signal line but under zero d line
-bearish sentiment is coming to an end
-noticed FBN eurobond has been bullish in recent times
- is dis d FINAL bottom??

Zenith
- suffering form the same UCAP sentiment
- bears not letting go

out of the top 3 traded today
-fcmb looks the cheapest but diamond likely to lead d way in any possible reversal

#justObserving

UCAP promoters were simply not being sincere with their ramblings... UCAP @ #1.50 loading very soon. A good stock doesn't need much publicity as the one promoted by TEAMUCAP... I'm only concerned because of the NEWBIES that got in at some funny/ridiculous prices! BE SMART, We are talking about CASH here... NO SENTIMENTS!

THE BIG SMART GUY

godlyguy:
UCAP promoters were simply not being sincere with their ramblings... UCAP @ #1.50 loading very soon. A good stock doesn't need much publicity as the one promoted by TEAMUCAP... I'm only concerned because of the NEWBIES that got in at some funny/ridiculous prices! BE SMART, We are talking about CASH here... NO SENTIMENTS!

THE BIG SMART GUY

So a stock that paid a dividend of 0.35k last year when the price was less than #2 and is likely to pay more this year is not a good stock?

leo1234:


So a stock that paid a dividend of 0.35k last year when the price was less than #2 and is likely to pay more this year is not a good stock?

I don't think it pays upto 0:35k dividend last yr. Maybe should cross check.

locodemy:
pls economists in our midst.......pls help me to understand the words reccession and depression......i learnt that we are heading to depression as we are already in recession..........what will be the status of the country when we are in depression and how will it react on the stock market?..........Thank you

.....recession is a benign depression.....or depression is a malignant recession.....
..... http://www.economicshelp.org/blog/2226/money-personal-finance/difference-between-recession-and-depression/ ........
....and as for the effect of these words on the stock market......history doesn't speak well of.........

[quote author=forbes30 post=49002665]
.....recession is a benign depression.....or depression is a malignant recession.....
..... http://www.economicshelp.org/blog/2226/money-personal-finance/difference-between-recession-and-depression/ ........
....and as for the effect of these words on the stock market......history doesn't speak well of.........[/quote


Thanks for the ambigious words...........i need further explanations by other economists in the house.

market reality 101
even if we all take a position on d same day at the same entry price, we would ALL come out with different experiences.
- IMO

#TGIF

my brodas, i greet you all. please wat is your take on AXAMANSARD

stockbuego:


I don't think it pays upto 0:35k dividend last yr. Maybe should cross check.

. People should just leave this stock alone. 50k dividend is very sure this year.