Breadfruit:
Is it safe to buy First Bank now, since the stock has recovered and may go higher so i can atleast make little profit. My fingers have been burnt, over 100k lost and it seems like more to follow.

Patient is the key
Patient is the key
Patient you must have before you buy
When bull've run away
And bear has taken over
Patient you must exercise.



DD:

Parisfran:


Why are you so confident giving incorrect data out? How many Months of May in the last 20 yrs actually ended negative? Oga the data is free and it's online. You don't even have to go to NSE office to confirm stuff like this.

This whole "I'm prophetic" stuff is getting ludicrous. Go and look at how other Frontier markets charts are doing and see how not so special we actually are.

Full disclosure: I didn't buy anything in May.

Mattress gang member spotted.

RabbiDoracle:


Mattress gang member spotted.

Oga, I no dey your mattress level.

I no even reach to call my own pillow case.

Imagine a world where Zenith is N14. I don't know why I'm still pained about missing this stock at the time.

IT'S HIGH TIME YOU STOP THE PRAYER OF KILL MY ENEMY ...

www.nairaland.com/3560501/holineness-righteousness-revival-daily-messages/13#68122142

currentprice:


how you take know the bolded. when you see pple running, abeg follow run before asking question.

keep your cash, cash is king this time

OK. Thanks for your advice. I asked because it dropped low before going back to 10 naira. I wanted to buy before it rises further.

NGSEASI...
NSEASI...
NSEMPASI...
YOKASI / MSCI....

Not sure which one tells the true state of the market.

Have a fruitful and green week ahead.

http://sweetcrudereports.com/2018/06/02/nigeria-stock-slump-continues-as-benchmark-falls-most-since-2016/

'' “Sentiment globally is less positive than it was on emerging and frontier markets and it is probably floating over to Nigeria,” said Paul Clark, a money manager in Johannesburg at Ashburton Investments, which owns Nigerian stocks including Seplat Petroleum Development Co. “Fundamentally, I don’t see any reason why the Nigerian market should be weak.”'

Hello, please I need someone to help me review this on FBNH Stock Position. I don't know what it means.

An open balance reads "902".
Current balance reads "902"
Pledge reads "0"
Net pending reads "0"
Available balance reads "902"

Nothing like naira. I'm a novice.
Can someone please help me evaluate how much the money is?
Thanks.

fxuser:


d man is only responding to ensure his own type of people led d future. let d young , unemotional , smart & not d necessarily d oldest
dat man is only loyal to the bank's P&L lolx , no send anyone

On the part in bold, you are spot on! Segun is too loyal to the shareholders which underpins the success of the bank. He is someone that even reject loan applications from his close friends and family. For segun, it's mind set is we are building a corporation that come 50years from now is still standing strong.

The negative reaction by investors is good for someone like me that has waited on the sideline for long praying that the price drops to the value zone for mopping...

Liberty Holding cancelled the group’s R160 million plan to acquire a 75% stake in UNIC, Nigerian long-term insurer.

https://www.moneyweb.co.za/news/companies-and-deals/libertys-munro-overhauls-strategy-as-full-year-results-disappoint/

To commemorate the end of RAMADAN FAST we should watch out for a "MAGICAL BULL" starting from middle of this month.

*ThE OcToPuS*

Good day all,
I just wrote another article with the title:

"THE 1ST BASIC SECRET TO FINANCIAL FREEDOM".

It's published on booksie, medium and the personal finance section of opinion Nigeria.
This article will surely serve the benefit of a lot of the Nigerian populace.
...It will surely help change a lot of lives for good !!
Kindly take your time to read through by using the link below;

https://www.booksie.com/554311-the-1st-basic-secret-to-financial-freedom

[quote author=currentprice post=68116450]

I have been counting my losses since February applying average down approach. 2 weeks ago, i decided to be on watching mode, although, promised myself not to sell at loss come what may. Reading a couple of analysis from many ogas this weekend, i begin to be tempted to average down again on Zenith only. Is it a good direction? Useful advice is needed from everybody before giving instruction to my broker.

I have been counting my losses since February applying average down approach. 2 weeks ago, i decided to be on watching mode, although, promised myself not to sell at loss come what may. Reading a couple of analysis from many ogas this weekend, i begin to be tempted to average down again on Zenith only. Is it a good direction? Useful advice is needed from everybody before giving instruction to my broker.

Asmaraabc:

I have been counting my losses since February applying average down approach. 2 weeks ago, i decided to be on watching mode, although, promised myself not to sell at loss come what may. Reading a couple of analysis from many ogas this weekend, i begin to be tempted to average down again on Zenith only. Is it a good direction? Useful advice is needed from everybody before giving instruction to my broker.

U need to have a stop loss limit in trading
Sincerely no one can do that for you
Still never a fan of average down approach
Safety of capital first, profit will flow in at the appropriate time
what if Zenith get to N19.00
Why use a broker to execute ur trade when u can do it 4 yourself

swilo:


NGSEASI...
NSEASI...
NSEMPASI...
YOKASI / MSCI....

Not sure which one tells the true state of the market.

Have a fruitful and green week ahead.

[quote author=Willie2015 post=68140486]
Thank you very much, Willie2015. Learning everyday from you people. I am using broker because am away from home and my work takes the whole of my week days. I go through all the posts on this forum only at night and on Sundays.

Things are happening at lightening speed this year.

If the index loses on Monday (tomorrow), the losing streak this year will tie with what we witnessed around October/November 2014 (highest since 2010).

A reversal is likely soon.

Not a recommendation o.

Tomorrow get belle. At this point in NSE, no one really knows tomorrow.

I think the bearish trend might continue for a while as foreign investors are shifting to US Treasury Bills as the yield is getting better. IMHO,I might be wrong and some stocks might experience a reversal.

Mpeace:
Tomorrow get belle. At this point in NSE, no one really knows tomorrow.

I pray it turns green for the sake of zenith bank I added on friday.

locodemy:


I pray it turns green for the sake of zenith bank I added on friday.

Chief Loco, this is your answer:

Godisfaithful:


Chief Loco, this is your answer:

Hmmm this one is real food for me and brothers here.Tnks

BUT HELP ME PRAY FOR MARKET RECOVERY AND MY TOTAL EXIT THIS MONTH.

locodemy:


I pray it turns green for the sake of zenith bank I added on friday.

Following EFCC's recent comments on banks, I done dey fear already.

Mpeace:
Following EFCC's recent comments on banks, I done dey fear already.

Better dont fear because if zenith touch 20,it means Japaul will be better than your diamond.



JUST PRAY FOR MARKET RECOVERY THIS WEEK ELSE BOTH OF US ARE NOT SAVED.

Godisfaithful:


Chief Loco, this is your answer:

The rules are incoherent

Mpeace:
Tomorrow get belle. At this point in NSE, no one really knows tomorrow.

The bull is near; I see am from outside my window

I so much love this market; see as e throw all man into limbo

Agbalowomeri:
I so much love this market; see as e throw all man into limbo

Thank God you say it.How much are u loosing now?

locodemy:


Thank God you say it.How much are u loosing now?

See me o, na your loss?

Parisfran:


Why are you so confident giving incorrect data out? How many Months of May in the last 20 yrs actually ended negative? Oga the data is free and it's online. You don't even have to go to NSE office to confirm stuff like this.

This whole "I'm prophetic" stuff is getting ludicrous. Go and look at how other Frontier markets charts are doing and see how not so special we actually are.

Full disclosure: I didn't buy anything in May.

Please provide a link if you can. Thanks.

Godisfaithful:

Chief Loco, this is your answer:

Most of those rules don't hold in Nigeria especially 3, 6, 9 and 10. There is an abundance of historical incidents that invalidate them for NSE.