currentprice:


it normal... pullback is expected today and tomorrow. we may see further sell off by next week

Yeah pull back cos of the Saudi rhetorics yesterday

if by next week there are no factuals to support the rhetorics u can be srest assured the downward trend wld resume

Agbalowomeri:


That one na the bottom of the 2008 global meltdown

Yeah, I know.

The safer point for me will be a midpoint between that 2012 figure and the current ASI after discounting to Telco effect.

Notwithstanding, my MoS is flexible for individual equity. I realise I will meet some and miss some.

RabbiDoracle:


At N18, the dividend yield after deducting WHT is 14%.

This is more than what you will get in Tbills.

I won't be surprised if smart monies start moving in to lock into the yields.

The truth remains that you can't outbuy the foreigners once they start to buy. We can only be chasing daily tops to see what we fill our orders when they are in.

Like I always say, as we are obsese, gentle dey crawl enter the event hall before slim people start to come. Take your seat and relax. When it is time, the door go close by itself.

Now that Zenithbank is @N17 what their current dividend yield ?

Well some of us we start taking position when their dividend yield gets to 30%

BARGAIN HUNTERS TAKE NOTE!

^
^^
peter peter 30% yield

PETERiCHY:


Now that Zenithbank is @N17 what their current dividend yield ?

Well some of us we start taking position when their dividend yield gets to 30%

BARGAIN HUNTERS TAKE NOTE!

Peter you no well I swear

[quote author=currentprice post=81060744]^


Na. Blood dance 2baba carry come??

[quote author=Krisuba post=81061248][/quote]

China does currency devaluation, and Nigeria is doing stock devaluation, even crude oil seems not to be helping issue.

currentprice:
^
^^
peter peter 30% yield

Of course the yields are getting better day by day. Zenithbk now #16:80k with over 30m offer.

today look lik the beginning of 3days bonanza expecting. let see how the mkt close first

if we see 1st day bonazer, 2nd day always d best to load

Its a free fall.
Every passing day appears to be a better bargain.
And to think the world oil market slump hasn't yet kicked in fully + US/China.
Cash (including interim dividend) is king at the moment.

N5trn Debt: We Don’t Owe AMCON–United Capital
https://businesspost.ng/2019/08/08/n5trn-debt-we-dont-owe-amcon-united-capital/

UBA Gets Aa- Rating from Agusto & Co.
https://businesspost.ng/2019/08/08/uba-gets-aa-rating-from-agusto-co/

Chai.... This Zenith is tempting me oooo..... Peter, where did I keep my money now?

I agree Sir.

Agbalowomeri:


Peter you no well I swear

The worst Zenith will do is to get to N12. There is no much gap from 17 to 20 or 17 to 12. N3 or N5 difference. I do not know how Q2 of Zenith will look like but it will not be a loss that I am very certain.

Mfunkynation:
Chai.... This Zenith is tempting me oooo.....
Peter, where did I keep my money now?

The market is a true reflection of what our country has become, a MESS. Nothing reasonable makes sense anymore. The RiSk we have here can never attract investors like before, and clearly the next 4 years will follow similar path. Devaluation of the currency is overdue, but thank God for the fixed price, otherwise a dollar should be N500. So ask yourself how long can they sustain it, when we are still dependent on only OiL. A market that we only sell crude and not the refined products.

OIL IS GONE. Naija is Finished.

Watch well and Chop your last loot. Bail from here and invest in other sane countries stock exchange

gamaliel9:


Since he wrote it...i have been thinking....my mind went to Jesus Christ....from there to money for averaging down....to Zenith bank hitting 16naira....or bears have made us to speak in parables?

When plane fly below the cloud, it must be beaten by rain

Agbalowomeri:
When plane fly below the cloud, it must be beaten by rain

It is a good day for you

checking my bedsheet, those who are waiting to buy zenith, now is the time.

Cc aremso & co

jideflash:
The market is a true reflection of what our country has become, a MESS. Nothing reasonable makes sense anymore. The RiSk we have here can never attract investors like before, and clearly the next 4 years will follow similar path. Devaluation of the currency is overdue, but thank God for the fixed price, otherwise a dollar should be N500. So ask yourself how long can they sustain it, when we are still dependent on only OiL. A market that we only sell crude and not the refined products.

OIL IS GONE. Naija is Finished.

Watch well and Chop your last loot. Bail from here and invest in other sane countries stock exchange

Try not to mistake this bear to be peculiar to the NSE alone, no matter how tempted you are to.
Every other market in the world will suffer it.
It's global.

Stock exchange is not designed for average Nigeria. why cant you start Cryptocurrencies trading, it easy and quick to understand, u transact by yourself, u dont need to call a broker to sell or buy anything for u.



Check my signature for more details

currentprice:
checking my bedsheet, those who are waiting to buy zenith, now is the time.

[b]
^{_{we might not see it better than this 16.90}}

Cc aremso & co

If it manages to go below my average cost price @ 16.70 I will take a dive.

pluto09:


It is a good day for you

You mean good year?

currentprice:
today look lik the beginning of 3days bonanza expecting. let see how the mkt close first

if we see 1st day bonazer, 2nd day always d best to load

Great Guy!

When gbedu begin enter ChiBuKing body......

Bears that he saw, takes a whole year to visit his portfolio.

Obene......

mendes911:

When gbedu begin enter ChiBuKing body......

Bears that he saw, take a whole year to visit his portfolio.

Obene......

Kwa Kwa

Lol... God forgive me... i don't even know what is means

Sir 333 and Chief Loco, I hope you both knows that this too won't last! Don't rush and sell out of anger.

mendes911:

When gbedu begin enter ChiBuKing body......

Bears that he saw, take a whole year to visit his portfolio.

Obene......

Badt guy
He is now pushing oil up

Agbalowomeri:


Badt guy
He is now pushing oil up

He will come back and say am part and parcel of his village people.

I hope market reverses tomorrow for the sake of the salah. This kinda bear is unprecedented!

Market index is still marginally positive today though....for now!

Bomboclad:
I hope market reverses tomorrow for the sake of the salah. This kinda bear is unprecedented!

Let our Muslim brothers leave Ram and slaughter all the bears, then......