Bonanza period there we go

arduino:

I would not mind Oando@ N1.00, DangFlour@N1.50, FBNH@N2.00

fbnh will just send its elephant to your house.

All the big banks are first to hit 52 weeks low whilst the small bank are still holding on above their 52 weeks low..
Hahaha talk about fundamentals NSE will just fall your hand

Agbalowomeri :


Just wondering why my oga changed to my dear

When I remember say na Mendes199 wey I dey always beat for dream I call oga, i sharp sharp change am

Hahahahaha

Yayira:


When I remember say na Mendes199 wey I dey always beat for dream I call oga, i sharp sharp change am

Hahahahaha

I knew you were in shock when you wrote the first one and that you would change it afterwards.

currentprice:


chai!! The mkt present golding opportunity for loco to bail out at 28 for days but he wanted more . the rest is story now. at least he is using other business to console himself, same capital could have added more unit if sold at 28 to load at even currentprice. Wicked market

I am not bothered.I can still buy more at its 52wks low in days to come.

http://www.nse.com.ng/Financial_NewsDocs/23635_R_T_BRISCOE_PLC._FINANCIAL_STATEMENTS_SEPTEMBER_2018.pdf

On top their loss, they still had 200k to donate to charity organisation. SMH.

Zenith you can do it
Just N6 to go, in three months haba

Agbalowomeri:
Zenith you can do it
Just N6 to go, in three months haba

lollxx Agbanomics

52 week lows begat 52 week lows . ..

I thought Osama Bin Laden is dead and buried

Why is another 9/11 taking place in NSE on their 17th anniversary

May God in his infinite mercy deliver our LONG TERM investors.

PETERiCHY:
London bridge is falling DOWN.

Our LONG TERM investors rightnow

PETERiCHY:
BONANZA Hunters rightnow

Peter, just like you did to your master Jesus, you are shifting grounds again.

Agbalowomeri:
Zenith you can do it
Just N6 to go, in three months haba

Am just sad it might get to that entry price before the entry period. Huge distortion.

Let me come and be going back to work, pure water staff of the quarter loading.

arduino:

I would not mind Oando@ N1.00, DangFlour@N1.50, FBNH@N2.00

it's very annoying how people talk irrational prices on businesses,This is not child play ground.We are investors not crayfish traders. Mean business pls.

makashava:
it's very annoying how people talk irrational prices on businesses,This is not child play ground.We are investors not crayfish traders. Mean business pls.

Has Dangflour not sold under N1 before ni? Has fbnh not sold under N3?
This is stockmarket o, all stocks are worth 20kobo on NSE; whatever prices they are selling now is based on positive or negative perception QED

Is this lowest bid for transcorp

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.

core politicians are more invested in real estate than stock market but may be their cronies

mendes911:

http://www.nse.com.ng/Financial_NewsDocs/23635_R_T_BRISCOE_PLC._FINANCIAL_STATEMENTS_SEPTEMBER_2018.pdf

On top their loss, they still had 200k to donate to charity organisation. SMH.

Your eyes sharp o

That's the advantages of fundamental Analysis.

soloniger:
Is this lowest price for transcorp

um

fxuser:


um

um, what thi bid window should show lowest bid and offer should show highest offer; is that so?
Transcorp showed 0.00 as bid

arduino:

I would not mind Oando@ N1.00, DangFlour@N1.50, FBNH@N2.00

There is God O! The same FBNH I bought at #33.00/share in 2007 in thousands of units that you are hoping to become #2.00. Abeg O!, take it easy so that you won't give some long term investors like us High B.P with your forecast.

makashava:
it's very annoying how people talk irrational prices on businesses,This is not child play ground.We are investors not crayfish traders. Mean business pls.

My brother there is nothing irrational in the prices I quoted. NSE is a MARKET and every participants is free to negotiate price(s) that is good for him\her. Those stocks have at one time or the other sold at those prices.
And yes, in the NSE we trade Stocks, Stockfish and Crayfish. One love bros.

BullBearMkt:
WAITING FOR ELECTION TO BUY - Does it worth the waiting?
I have tried to study the NSE ASI price movement just before and after presidential elections in Nigeria and its effect on the market generally. But due to lack of data even from NSE (this is terrible!), I cannot really come to a conclusion.

Available data only covers the last 3 presidential election from 2007.

-2007: Before election, market was bubbling and this is the period NSE witnessed great patronage both from crooks and saints alike. So market continue the euphoria during and after the elections. Good to note is that the incumbent party (PDP) just transfer power to the same party. Similarly, the power to be then nominee won the election. So the atmosphere was good for the market.

-2011: The election took place in April, but before then the world witnessed financial crash and many countries were just getting out of this including Nigeria. However, after the election, since the incumbent party (PDP) won the election, market embrassed the news, rallied for 1 month and immediately the president was sworn-in in May, market started falling till the end of that year...

-2015: From the beginning of the year, market was dipping due to uncertainties surrounding whether there will be election or not until American & British governments shown their anger; that was when Nigerian govt announced that presidential election will take place in March. Market loved the news & immediately a dipping market suddenly changed direction and created a pin-bar. Election came & gone with the incumbent president conceded defeat - market loved this and we witnessed market rally. Before the president was sworn-in, market became jittery and market started another fall till late 2016.

I tried to make any summary out these 3 scenarios but data is too small, however, a common factor are:
-Market rallies in the election month
-Market dips after president sworn-in and lasted for at least throughout that year

With the elections now coming in February, what do we expect

As both political and information scientist, 2007 election don't have any pressure, because the sitting president then has his preferable candidate who is from the north, and as of that time power will be shifting to the north for eight years based on the PDP arrangement.
Based on that atmosphere there was safe heaven for Nigeria economy, it is continuity of PDP control government.

2011 election as per Nigeria economy it was already down by global economic melt down and was about recovering, the power supposed to remain in the north for 4 years, but due to death of President Yaradua, his deputy Goodluck ask the north to support his Presidential ambition on the ground to returned back power to them after the 4 years, which he fail to maintain his promise, and there came the beginning of political war during the building up of 2015 general election.

In 2015 the only political language the north cares about, was for power to return back to the north, and once it was achieve, the economy suffer because of change of government, change of institutions took place, the billionaire who belong to the kicked out PDP due to fear of unknown began to transfer their fund away from Nigeria, with knowledge of incoming government gospel of fighting corruption.

We witness the change of criminals (COC) the remaining money the members of out gone government was unable to pushed out was recovered and was converted. From past C to current C.

2019 election, as north understand the language of power shifting back to the north in 2015, currently the language the understand better now is 8 years constitutional fresh power, which will only be achieved by a fresh northern man. North didn't hate Buhari, but constitutionally Buhari has only another 4 years only, and he is not willing to forgo it.

Since majority of the northerners want constitutional 8 years
which can only be achieved by another person, and they can do anything to achieve it, the forces from both APC who claim to be close associate to current President and the forces from the main opposition party, including the northern elders forum will work together to achieve it.

There is high believe that come 2019 power will change over, and there will be change of criminals (COC), change of wealth will be witness again from current criminal to incoming criminal. We are at the mercy of God.
Foreign investors know all these, that's why they don't risk their money at a time like this.

More important, let us not forget that there will be bonanza period between February and March next year. Get ready if you are interested.

Agbalowomeri:


Has Dangflour not sold under N1 before ni? Has fbnh not sold under N3?
This is stockmarket o, all stocks are worth 20kobo on NSE; whatever prices they are selling now is based on positive or negative perception QED

Have Patience

Excerpt:

• Patience to wait for just the right set up
• Discipline to sit on the sidelines and not getting pulled into a trade that does not fully satisfy my requirements
• Discipline to pull the trigger when the right trade comes along
• Discipline to remain detached from open positions and properly manage each trade according to trade management guidelines developed over decades of market speculation
• Patience to allow a position with a substantial profit potential the room and time to bear full fruit

Link:
https://www.peterlbrandt.com/patience-and-discipline-a-traders-friend/

#QuickRead

anjilgreat:


There is God O! The same FBNH I bought at #33.00/share in 2007 in thousands of units that you are hoping to become #2.00. Abeg O!, take it easy so that you won't give some long term investors like us High B.P with your forecast.

Hmmm......My mum and elder sister also bought @N33 so you are not alone . I advised them to sell their holdings when FBNH sold@ about N15.00 but they refused insisting that they must sell above their entry prices.

tritritri:



Yariya am confused on next step to take . Buy zenith or not...i hope it not my village people teasing me again ?

In times like this, it's better to set some criteria that will serve as a guideline or your entry trigger, for different stocks you intend to buy.

For example, I intend to buy my first batch of Zenith when it gives me 15% dividend yield, which is around 18 naira. This is a good safety margin for me. And I'll continue to average down at intervals if the fall continues.

However, I use other gauges which may actually make me enter at plus or minus 18, such as trading momentum, day of the week, etc. For instance, if Zenith gets to 18 on Thursday, I may not buy, because Friday is often more bearish (especially during bear period) and I may have a chance to get it for 17.50 or less on Friday .

Just sharing....not a recommendation.

arduino:


Hmmm......My mum and elder sister also bought @N33 so you are not alone . I advised them to sell their holdings when FBNH sold@ about N15.00 but they refused insisting that they must sell above their entry prices.

I bought that one too with UBA shareplus loan (God punish that Tony Lol)

Yayira:
All the big banks are first to hit 52 weeks low whilst the small bank are still holding on above their 52 weeks low..
Hahaha talk about fundamentals NSE will just fall your hand

lol

PETERiCHY:
London bridge is falling DOWN.
Our LONG TERM investors rightnow

LMAO