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Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 11:33am On Sep 11, 2018
wanaj0:


But in Nigeria, the investors know that there is no 'issue' with election. The risk in 2018/2109 is much lower than 2014/2015. In 2014/2105 you had a North vs South with associated tensions while 2018/2019 it is likely a North vs North.

Just read a report that the total foreign money in the market is only about $10bn. Our reserve can accommodate that I believe.

@Wanaj0, thanks for various analysis. I strongly believe that, what is happening is beyond election. Anyway something must happen before something else happens. My opinion is that it is not a time to stake fund. It is time to watch and allow the market to wiggle down. The way the candles are looking is terrible with bad momentum no slowing down in view yet for NSE.
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 11:56am On Sep 11, 2018
sellydion:


@Wanaj0, thanks for various analysis. I strongly believe that, what is happening is beyond election. Anyway something must happen before something else happens. My opinion is that it is not a time to stake fund. It is time to watch and allow the market to wiggle down. The way the candles are looking is terrible with bad momentum no slowing down in view yet for NSE.


i think the politicians to might be offloading in order to fund their campaign since there is no access to free money again like before.

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:58am On Sep 11, 2018
I dey my village dey look the nollywood grin
Eating my bush meat with kpsepe

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 11:59am On Sep 11, 2018
sellydion:


@Wanaj0, thanks for various analysis. I strongly believe that, what is happening is beyond election. Anyway something must happen before something else happens. My opinion is that it is not a time to stake fund. It is time to watch and allow the market to wiggle down. The way the candles are looking is terrible with bad momentum no slowing down in view yet for NSE.

If you check other emerging markets, you will likely see something similar! Reason why I believe it is NOT about election. Election was known in January when the 'bulls' were raging. Changes between January and now are mainly EXTERNAL.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 12:01pm On Sep 11, 2018
aremso:



i think the politicians to might be offloading in order to fund their campaign since there is no access to free money again like before.

Politicians may be disposing off assets for election funding BUT selling at such depressed prices is not to their benefit.

Even in emerging markets where there is no election, outlook is similar!

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 12:08pm On Sep 11, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:16pm On Sep 11, 2018
Zenith.... Can we kiss N18 today?
Re: Nigerian Stock Exchange Market Pick Alerts by Ugosample(m): 12:27pm On Sep 11, 2018
wanaj0:


Politicians may be disposing off assets for election funding BUT selling at such depressed prices is not to their benefit.

Even in emerging markets where there is no election, outlook is similar!


politicians always offload assets in the run up to the elections

It's not peculiar to this one

I know a lot of properties that change hands all the time in Abuja, especially during elections

the legislators that lose will further offload assets before hand over


this country is an interesting country

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:31pm On Sep 11, 2018
Yayira:


Mendes911 did you open that GTB H1 result ?
On a serious note you and Agba needs to stop all these jokes because some people here don’t open results, they just wait to read comments about the results and may take your comments serious..
please do not badmouth a good result because you want to buy a stock at a low price..
Let all the joke stop.

Let me quote your post today.

Recall the day we had this conversation and I tried to explain that my expected drop in share prices of GTB and Zenith will have nothing to do with their result, rather a case of "see finish" .

GTB and Zenith exhibit this almost 90% of the time, after release of interim and FY results.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:35pm On Sep 11, 2018
mendes911:


Let me quote your post today.

Recall the day we had this conversation and I tried to explain that my expected drop in share prices of GTB and Zenith will have nothing to do with their result, rather a case of "see finish" .

GTB and Zenith exhibit this almost 90% of the time, after release of interim and FY results.

Master ITK.Will you keep kwayet and follow the trend?
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:44pm On Sep 11, 2018
locodemy:


Master ITK.Will you keep kwayet and follow the trend?

grin. I don draw you out today. Which trend do you want me to follow? Zenith? tongue.

Hope you are good.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:48pm On Sep 11, 2018
masters in the house,please is this the beginning of the crash? gt 31.85?make we know ooo.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:50pm On Sep 11, 2018
DOLLARTEX:
masters in the house,please is this the beginning of the crash? gt 31.85?make we know ooo.
OK, gt is back to 32.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:50pm On Sep 11, 2018
DOLLARTEX:
masters in the house,please is this the beginning of the crash? gt 31.85?make we know ooo.

grin grin grin grin.

FX, BBM, CP, make una answer (Agba, keep quiet).

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:50pm On Sep 11, 2018
mendes911:


Let me quote your post today.

Recall the day we had this conversation and I tried to explain that my expected drop in share prices of GTB and Zenith will have nothing to do with their result, rather a case of "see finish" .

GTB and Zenith exhibit this almost 90% of the time, after release of interim and FY results.

Total see finish oo my dear.. hmmm those two falling like there’s no tomorrow
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:52pm On Sep 11, 2018
DOLLARTEX:
masters in the house,please is this the beginning of the crash? gt 31.85?make we know ooo.

September will be bloody, no doubt
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:52pm On Sep 11, 2018
London bridge is falling DOWN.

Our LONG TERM investors rightnow grin grin grin

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:53pm On Sep 11, 2018
Yayira:


Total see finish oo my dear.. hmmm those two falling like there’s no tomorrow

Just wondering why my oga changed to my dear grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:55pm On Sep 11, 2018
DOLLARTEX:
masters in the house,please is this the beginning of the crash? gt 31.85?make we know ooo.

When I saw GTB at 36 I was like shocked shocked but this 31 ? Agba wey Oracle come take me with you.. that vacation really needed now
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:57pm On Sep 11, 2018
DOLLARTEX:
OK, gt is back to 32.
zenith 19.95 for real!
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 12:58pm On Sep 11, 2018
DOLLARTEX:
masters in the house,please is this the beginning of the crash? gt 31.85?make we know ooo.
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:58pm On Sep 11, 2018
Agbalowomeri:


September will be bloody, no doubt

What if Crude Oil starts dropping, down to below $45? That will be World War 8.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:00pm On Sep 11, 2018
wanaj0:


Politicians may be disposing off assets for election funding BUT selling at such depressed prices is not to their benefit.

Even in emerging markets where there is no election, outlook is similar!

Not only politician.

High netwoth individuals are moving funds out of the country.

Recently, the FIRS said they are going after citizens with 1billion and above in thier accounts.

With the fines and revenue drive everywhere nobody wants to keep money around.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:01pm On Sep 11, 2018
Yayira:


When I saw GTB at 36 I was like shocked shocked but this 31 ? Agba wey Oracle come take me with you.. that vacation really needed now
lol,agba' wish is granted.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 1:03pm On Sep 11, 2018
DOLLARTEX:
masters in the house,please is this the beginning of the crash? gt 31.85?make we know ooo.
I would not mind Oando@ N1.00, DangFlour@N1.50, FBNH@N2.00 grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:03pm On Sep 11, 2018
Yayira:


When I saw GTB at 36 I was like shocked shocked but this 31 ? Agba wey Oracle come take me with you .. that vacation really needed now

Agba, your food don land on a platter oooo (But safeguard your pillow shaaa).

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:11pm On Sep 11, 2018
DOLLARTEX:
zenith 19.95 for real!

Did you answer that time they called you at 23?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:15pm On Sep 11, 2018
mendes911:


Agba, your food don land on a platter oooo (But safeguard your pillow shaaa).

For where, I dey with hyness at the moment
When last una see am for here?
She is under 'abe abo'

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:15pm On Sep 11, 2018
Bear period

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:16pm On Sep 11, 2018
.

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:16pm On Sep 11, 2018
mendes911:


Agba, your food don land on a platter oooo (But safeguard your pillow shaaa).

Agba ke ? Yimu undecided
Wanted to write “Abeg”
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:19pm On Sep 11, 2018
Yayira:


Agba ke ? Yimu undecided
Wanted to write “Abeg”

Na so Agba don siddon for ya medulla oblongata reach grin

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