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Nigerian Stock Exchange Market Pick Alerts - Investment (3560) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:24pm On May 16, 2018
leo1234:


The Oracle will be glad to receive you. grin
Welcome.

He will pay a fee oo.
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 12:25pm On May 16, 2018
Diamond, over 61m units sold so far. I still maintain my position that it will only be on the losing streak for this week and will stabilize next week probably between 140 - 150k before another news propel it up or downward.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:27pm On May 16, 2018
Mpeace:
I said it. Nairametrics guy has lots of diamonds in his portfolio. And he wants you guys to buy(not even a hold recommendation)
For me, after reading an investors presentation from diamond bank itself, I cannot recommend it to anyone. Many things have equally gone bad. The worse is their NPL ratio which rose from 10% to 15.7% as at q1 2018. If the cbn dividend policy should continue, it means no dividend for next year.

Who advised them to buy the stock? KOD, Vetiva?

This means they are waiting for the crab to blink!
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:29pm On May 16, 2018
kolaish:
Diamond, over 61m units sold so far. I still maintain my position that it will only be on the losing streak for this week and will stabilize next week probably between 140 - 150k before another news propel it up or downward.

Q1 is out. Q2 will take a while. Q2 won't be ok based on Q1.

What other news?
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:29pm On May 16, 2018
RabbiDoracle:


Q1 is out. Q2 will take a while. Q2 won't be ok based on Q1.

What other news?

Milost!
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:34pm On May 16, 2018
locodemy:


until 20kobo.Mendes don already talk am.

I doubt Japaul will get that low. People are buying (that shows interest albeit how low it may be). Some investors are waiting to ride this stock again and I would say that will be a good opportunity for someone trapped to exist.

Diamond dey do yanga like say him downfall don finish. The people that bought today may return back to offer their shares tomorrow. The buying pressure ain't there yet, else it should have gone on full bid not long after the initial 12M units were bought at N1.49.

We keep watching shaaa. I may be wrong on my assumptions.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:37pm On May 16, 2018
RabbiDoracle:

Q1 is out. Q2 will take a while. Q2 won't be ok based on Q1.
What other news?
FOREIGN INVESTORS TO INJECT $950 MILLION INTO DIAMOND BANK.
Is this not enough to drive it to #6?
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 12:46pm On May 16, 2018
Some people are averaging down. Japaul no get results. Goat don tear the result to pieces.
mendes911:


I doubt Japaul will get that low. People are buying (that shows interest albeit how low it may be). Some investors are waiting to ride this stock again and I would say that will be a good opportunity for someone trapped to exist.

Diamond dey do yanga like say him downfall don finish. The people that bought today may return back to offer their shares tomorrow. The buying pressure ain't there yet, else it should have gone on full bid not long after the initial 12M units were bought at N1.49.

We keep watching shaaa. I may be wrong on my assumptions.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 12:48pm On May 16, 2018
People has forgotten that this stock once sold above N20. They did rights about 3/4 years ago at about N5+. If anyone bought at less than N1 it is not a bad idea to do kalokalo with his/ her funds.
RabbiDoracle:


Q1 is out. Q2 will take a while. Q2 won't be ok based on Q1.

What other news?
Re: Nigerian Stock Exchange Market Pick Alerts by IchimokuPilot: 12:51pm On May 16, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:58pm On May 16, 2018
IchimokuPilot:




Govt will call this one LOVE SPEECH...... grin

If you bite a girl's lip during love making, that's romance. At other time, it will be called abuse.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:02pm On May 16, 2018
@FXUser,

I hope you are loving how Access Bank been trading. Still stuck at this same range since the bull started in January. They didn't just have pity on this stock at all.
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:03pm On May 16, 2018
Chibuking81:
http://www.nairalovers.com/we-are-ready-for-war-if-buhari-does-not-win-in-2019-election/

https://www.herald.ng/if-buhari-loses-the-2019-election-we-will-fight-miyetti-allah-fulani-herdsmen/

All this bitter word should stop, before it will affect the market

They should go and sit down. Askari dokubo and Tompolo boasted more than that during GEJ and nothing happened...

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by samzepaparazi: 1:06pm On May 16, 2018
350k units traded since morning.


Transcorp move nah.

Move up :no
Move down :no

Full bid : they wont allow

Price will drop to 1.52 they support it not to fall below 1.60


Whar exactly is apning
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:10pm On May 16, 2018
samzepaparazi:
350k units traded since morning.


Transcorp move nah.

My bid dey 1.57. Make una let me enter na.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:12pm On May 16, 2018
samzepaparazi:
350k units traded since morning.

Transcorp move nah.
Majority are bidding below 1.60. How the thing go move nah. Bro thnk nah
Re: Nigerian Stock Exchange Market Pick Alerts by samzepaparazi: 1:19pm On May 16, 2018
locodemy:


Majority are bidding below 1.60.
How the thing go move nah.
Bro thnk nah


It cant break 1.60 until it rallies at least once more

I think the prob is those unwilling to pull down their offers at the highest price of 1.72 thereby creating artificial scarcity.


As there is hardly any news about trancorp, i believe its being traded with psychology and sentiments.

Last rally it took 2 weeks plus for that sentiment to change after refusing to fall below 1.63.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:43pm On May 16, 2018
swilo:


Seems you are not treating Diamond Bank the way you treated OANDO
I can go long term with diamond bank but oando has to leave my portfolio with buhari's exit.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:49pm On May 16, 2018
Is that diamond I’m seeing bid ? Now trading between 1.50 and 1.52 ? isoright
Please what happened to our 0.80 abi na 0.50 ?
I was also waiting to buy at 0.40
E better come down oo
Re: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 1:59pm On May 16, 2018
@Yayira you fit grow grey hair for that kain waiting o grin
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 2:05pm On May 16, 2018
It will still come down. It requires patience. Q2 and Q3
Yayira:
Is that diamond I’m seeing bid ? Now trading between 1.50 and 1.52 ? isoright
Please what happened to our 0.80 abi na 0.50 ?
I was also waiting to buy at 0.40
E better come down oo
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 2:05pm On May 16, 2018
Yayira:
Is that diamond I’m seeing bid ? Now trading between 1.50 and 1.52 ? isoright
Please what happened to our 0.80 abi na 0.50 ?
I was also waiting to buy at 0.40
E better come down oo


Do you actually believe it will get to N0.80k?
If you want to play this one you better set a realistic target.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:11pm On May 16, 2018
DaV8King:
@Yayira you fit grow grey hair for that kain waiting o grin

grin grin i don’t mind dear..
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:12pm On May 16, 2018
rebekah2011:
It will still come down. It requires patience. Q2 and Q3

Ok I am waiting
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:16pm On May 16, 2018
Trading
- a small loss is also a win

#um

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:19pm On May 16, 2018
FBN
- breaking below UBA and Access ! !

Mr mkt
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:24pm On May 16, 2018
fxuser:
FBN
- breaking below UBA and Access ! !

Mr mkt

DangFlour
- breaking below n11 on some vol
- desperate for support
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 2:28pm On May 16, 2018
fxuser:


DangFlour
- breaking below n11 on some vol
- desperate for support


DF, might still further go down
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 2:29pm On May 16, 2018
fxuser:
FBN
- breaking below UBA and Access ! !

Mr mkt



FBN can not be spared in the current free fall
Re: Nigerian Stock Exchange Market Pick Alerts by samzepaparazi: 2:31pm On May 16, 2018
Its 14.28 people want to make or crash price
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:32pm On May 16, 2018
aremso:




FBN can not be spared in the current free fall
With NPL at 22%, shareholders will certainly wait longer for recovery.
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 2:34pm On May 16, 2018
samzepaparazi:
Its 14.28 people want to make or crash price

mid week still bearish ! if not for the dangCem wuruwuru closure . . shocked

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