Price action wise DF is meeting another Resistance at that N17.81 . Check your chart.

There is no need to panic. @CP I hope no qualm on DF. Such stock does not
behave like caverton or CI etc.

More so you can not have breakout in FBN, UBA and Access and have break down on DF.

DF will stand and stand better. A pull back a little is even expected as always!

Someone who bought today should not expect his investment to appreciate today, unless he bought early and was lucky enough to buy at a very good price.

fxuser:


Absolutely
We are strongly correlated to oil price and reserves levels
See news on Nigeria ETF :
https://friscofastball.com/global-x-msci-nigeria-etf-nge-rises-3-41-for-jan-9/
https://melvillereview.com/are-g-x-nigeria-index-etf-nge-shares-a-pis-buy/575196/
https://www.dispatchtribunal.com/2018/01/04/global-x-msci-nigeria-etf-nge-announces-special-dividend-of-0-42.html
https://weekherald.com/2018/01/04/jane-street-group-llc-acquires-20679-shares-of-global-x-msci-nigeria-etf-nge.html
https://finnewsdaily.com/global-x-msci-nigeria-etf-nge-rises-2-43-for-jan-3/
http://www.fxpips.com/arca-nyse-biggest-market-gaining-stocks-jan-10-overview/

and be be lo

the Nigeria ETF was a major hit last year and its still breaking out (> $24) on all time frames. It has caught many funds attention, Esp those who bet on oil stocks & frontier markets . E[b]ven foreign portfolio get late comers[/b] , they will also look to take positions too

Like u said : We Aint Seen Nothing Yet

That is the reason CP is personally ringing the closing bell every day now to avoid them sneaking in at lower prices. Their funds MUST create value for us.
OUR MUMU DON DO.....

sellydion:
Price action wise DF is meeting another Resistance at that N17.81 . Check your chart.

There is no need to panic. @CP I hope no qualm on DF. Such stock does not
behave like caverton or CI etc.

More so you can not have breakout in FBN, UBA and Access and have break down on DF.

DF will stand and stand better. A pull back a little is even expected as always!

Human actions are unpredictable.

It's like this year will be better than last year.
Even the octopus is now optimistic.

I will try not to buy any stock in this bull. Let me manage the ones I bought in November last year.

Are we trending towards another 2008,I don't see anything reason why the outlook at the NSE is so Bullish. The economy grew at 0.5%. This is the time to make money 2019 is for offloading

We are on the same page

leo1234:
It's like this year will be better than last year.
Even the octopus is now optimistic.

I will try not to buy any stock in this bull. Let me manage the ones I bought in November last year.

jamace:
Weep Not Child. Every stock on NSE has it's own bullish time zone. Just be patient.

Until the entity offloading gets done, Access will remain stagnant. For the entity to have the mind to dump about 7M at market open says a lot about him.

Access might retest 10.50 again by Friday.

We will keep waiting. Such a silly stock.

DeRuggedProf:



That is the reason CP is personally ringing the closing bell every day now to avoid them sneaking in at lower prices. Their funds MUST create value for us.
OUR MUMU DON DO.....

In Queen's English "Our mumu has done"

DeRuggedProf:

VEECOVEE, I don join your ministry......
God, help me to think and act like a programmed machine when I am dealing with MR MARKET...
May my enemies (Pullbacks) never distract me.
May faulty bridges (Resistances) never sink when I am on top of them, but turn to support.
May armed robbers (Losses) never become my portion.
May noise pollution ( MH) be screened away from me.
May I never locate a dry well (Illiquid stock) while searching for abundant water.
May Ego never overtake me when my when my portfolio goes viral.
Ban the wandering spirit ( Insisting to be in every moving stock, even when it is near its bustop) from me
Cure me of itchy fingers.
Help me to understand that staying close to the finish line (entering a stock selling at a premium) and crossing it first when other racing athletes near my position will not grant me a medal.
Resurrect ALL my Lazaruses.


Help me add prayer points.......

May peterichy never conceive of the idea of entering any stock we hold !!

Toluway:


Human actions are unpredictable.

Yes agreed. We have parameters we are checking. It can fail however as at now things are okay.

Over 120 million units traded and it still closed with over 13 million offers @ 11.86 alone.
Apart from vetiva, I don't like being in a stock recommended by these investment houses.

mendes911:


Until the entity offloading gets done, Access will remain stagnant. For the entity to have the mind to dump about 7M at market open says a lot about him.

Access might retest 10.50 again by Friday.

We will keep waiting. Such a silly stock.

onegentleguy:


May peterichy never conceive of the idea of entering any stock we hold !!

Amen oooo

Agbalowomeri:


You prayed for bull, bull come now you are scared
Some people's destiny are afraid of being rich (no be you o)

#Na Joke o

That beautiful 'BOWL' on flourmill will quench a lot of thirst......
Wish I had spare cash to set trap....

DISCL: I am not here yet, some will wait for the impending 'WEEKLY KISS'. Ladies normally say NO before YES.

sellydion:
Price action wise DF is meeting another Resistance at that N17.81 . Check your chart.

There is no need to panic. @CP I hope no qualm on DF. Such stock does not
behave like caverton or CI etc.

More so you can not have breakout in FBN, UBA and Access and have break down on DF.

DF will stand and stand better. A pull back a little is even expected as always!

U can be rest assured that there is absolutely no need for any worries at all !!
...We only just stoped by for a very quick 1 hour breakfast.
DFs journey to its rightful abode shall surely come to pass !!

DD advised as always pls.

onegentleguy:


Lets hope that those who sold their DF today dont come back to buy it far higher.
Am in love with Mr TIME. ...He sure does always have his way around things.

Like me sir sold half @ 12 ..was feeling cool then ..now to catchup i dey even fear to buy more@17 ..make the other 1/2 profit no dey eroded

Seems Eterna plc gained massive 10% and still closed on full bid with little volume traded. Have they won their fuel subsidy case against FG or is the price of crude oil positive for it?

Hello everyone, I have been reading your posts and must say that your thoughts have been very useful. But it looks like there is no word here about Honeywell abi you guys are anti Oba?

mendes911:


Until the entity offloading gets done, Access will remain stagnant. For the entity to have the mind to dump about 7M at market open says a lot about him.

Access might retest 10.50 again by Friday.

We will keep waiting. Such a silly stock.

That is why some level of diversification might be healthy for investors. A stock might have all the parameters that make a good buy but the price will not move as expected .
If you have other stocks that are doing well you don't have to worry yourself about access .At its own time, the price will reflect the underlined fundamentals.

pluto09:



That is why some level of diversification might be healthy for investors. A stock might have all the parameters that make a good buy but the price will not move as expected .
If you have other stocks that are doing well you don't have to worry yourself about access .At its own time, the price will reflect the underlined fundamentals.

My Oga, is ACCESS a good buy by your own criteria?
What is your own Fair price OR is it undervalued?.

Many people have to activate 'MACHINE MODE' in order to continue making money at this stage....

cdieli:
Are we trending towards another 2008,I don't see anything reason why the outlook at the NSE is so Bullish. The economy grew at 0.5%. This is the time to make money 2019 is for offloading

the stock market is recognised worldwide as a leading indicator

pluto09:



That is why some level of diversification might be healthy for investors. A stock might have all the parameters that make a good buy but the price will not move as expected .
If you have other stocks that are doing well you don't have to worry yourself about access .At its own time, the price will reflect the underlined fundamentals.

My portfolio was widely diversified until I locked in profit. Am only being human by complaining about Access, though I understand why it has refused to move but am yet to understand the motive behind the sustained dumping.

Well, someone dumped Diamond at N1.00 (I do wonder how this person will be feeling by now) and made it possible for us to embark. Let this Access guy do and leave.

2zona:
Seems Eterna plc gained massive 10% and still closed on full bid with little volume traded. Have they won their fuel subsidy case against FG or is the price of crude oil positive for it?

I said it here days back that oil and gas coys will surely be one of the the core benefactors given the present scheme of things. ...I recall I mentioned CONOIL and ETERNA then. ...Both have since gained over 40% with still much room for more.
...No doubt the current trend favors them.
They are relatively healthy on a peer to peer and sector comparison basis hence the absolute need to reprise. ...But then again, what do I know.
For some stocks, I have totally decided to go to sleep while allowing Mr TIME the complete liberty to do his reprising job.

pluto09:



That is why some level of diversification might be healthy for investors. A stock might have all the parameters that make a good buy but the price will not move as expected .
If you have other stocks that are doing well you don't have to worry yourself about access .At its own time, the price will reflect the underlined fundamentals.

Gbam !! ...No further comment !!

DeRuggedProf:


My Oga, is ACCESS a good buy by your own criteria?
What is your own Fair price.

My projection is that a stock like access should not be selling at a forward p/e of less than 10. You can extrapolate that with their q3 results to arrive at a figure for fair price.

I have put a cap on the number of units I can buy in access as I am not too comfortable with the price action in recent times.

pluto09:


My projection is that a stock like access should not be selling at a forward p/e of less than 10. You can extrapolate that with their q3 results to arrive at a figure for fair price.

I have put a cap on the number of units I can buy in access as I am not too comfortable with the price action in recent times.

This is called "politically crowded answer"!

In naira and kobo Sir, what's your fair price for access?

mendes911:

This is called "politically crowded answer"!
In naira and kobo Sir, what's your fair price for access?

onegentleguy:


I said it here days back that oil and gas coys will surely be one of the the core benefactors given the present scheme of things. ...I recall I mentioned CONOIL and ETERNA then. ...Both have since gained over 40% with still much room for more.
...No doubt the current trend favors them.
They are relatively healthy on a peer to peer and sector comparison basis hence the absolute need to reprise. ...But then again, what do I know.
For some stocks, I have totally decided to go to sleep while allowing Mr TIME the complete liberty to do his reprising job.

Ok thanks and well noted, let me simply sit tight on my units and observe from the sidelines.

pluto09:


My projection is that a stock like access should not be selling at a forward p/e of less than 10. You can extrapolate that with their q3 results to arrive at a figure for fair price.

I have put a cap on the number of units I can buy in access as I am not too comfortable with the price action in recent times.

...and adjudging by the bold highlight, I have a N21 fair price up until Q3. ...With ACCESS, the idea is to give Mr TIME all the freewill in the world while I relax with a cup of cofee.

pluto09:



That is why some level of diversification might be healthy for investors. A stock might have all the parameters that make a good buy but the price will not move as expected .
If you have other stocks that are doing well you don't have to worry yourself about access .At its own time, the price will reflect the underlined fundamentals.

Imagine your portfolio had been 100% diamond all along
In my world diversification increases your risk