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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11380612 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 2:34pm On Aug 17, 2019 |
Witches: I will do as you have requested sir. |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 4:02pm On Aug 17, 2019 |
Agbalowomeri: That young man is good and nice at what he is doing. The only problem we all have, is the present regime. |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:24pm On Aug 17, 2019 |
veecovee: Hypocrisy kee you there Na joke all of us dey joke |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:29pm On Aug 17, 2019 |
I am happy to share this link with all members of NSEMPA. Audio and PDF. It addresses the challenges being faced by the working class. THE STANGEST SECRET IN THE WORLD. https://singjupost.com/wp-content/uploads/2015/07/The-Strangest-Secret-in-the-World-by-Earl-Nightingale-1.mp3 https://www.pdfdrive.com/earl-nightingale-on-the-strangest-secret-in-the-world-d59726809.html https://www.theladders.com/career-advice/the-top-10-reasons-why-too-many-people-retire-poor ENJOY THIS PIECE AND GINGER YOUR WEEKEND. THANKS. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:49pm On Aug 17, 2019 |
meshpips: From what you are saying about VWAP of a stock, GTB has a VWAP of N33. 29 analyzing from 2nd January 2019 till 31st July 2019. For the those who don't know what he has been saying since.: Using daily OHLC prices, daily volume, then followed by cumulative Average price volume, then divided by cumulative volumes. For January 2nd 2019 Average Price = (Open High+Low+Close) /4 Then Average Price *Volume for Jan 2 2019 Repeat this daily till 31st July 2019. Then sum up all Average Price Volume(APV) from 2nd Jan 2019 till 31st July 2019. Having obtained this cumulative APV, then you divide it by the cumulative volume (numbers of traded shares) from 2nd Jan 2019 till 31st July 2019. The final answer is your VWAP reading. If this wasn't the calculation you used, what then did you use(you don't need to disclose to me o). Kindly check your calculations again. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 5:45pm On Aug 17, 2019 |
Mcy56: Oga Military no fit do anything for now. Him never get time nurse injury wey bears inflict on him, na Agba and Co him go look their way? |
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 5:46pm On Aug 17, 2019 |
Agbalowomeri: Hypocrisy mixed with weed and American Honey. Na you dey waste data on that "Pastor". |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 6:31pm On Aug 17, 2019 |
RabbiDoracle: So of all months it's SEPTEMBER when more stock position will be LIQUIDATED by parents to pay school fees you foresee RECOVERY ![]() 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 6:34pm On Aug 17, 2019 |
RabbiDoracle: To get a proper overview you need to go to the "mountain top". Increase your lookback period. My analysis spans about 9 - 10 years of data set. |
Re: Nigerian Stock Exchange Market Pick Alerts by phemmie06(m): 6:51pm On Aug 17, 2019 |
PETERiCHY:Get some Jegede into your portfolio. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:52pm On Aug 17, 2019 |
meshpips: What did you intend to do with this data if it was supplied to you? Start of 2019 till date. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:57pm On Aug 17, 2019 |
meshpips: Why did you use 9 to 10 years period instead of 10 to 14 years period or even 1 to 5 years period? You are hereby saying that investor who wanted to buy shares in 2018 should not have bought because the VWAP then was not 19? |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:00pm On Aug 17, 2019 |
meshpips: I want to buy Berkshire Hathaway Class A stock, please which year will I look back to if I'm to purchase the stock? So if price doesnt fall to VWAP considering the very long time frame, you(presuming you are a fund manager) will advise your clients not to buy ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:07pm On Aug 17, 2019 |
In summary, VWAP doesn't make sense. You can't be using an arbitrary 'look back' time frame. Time will pass, people will make money and you will still be waiting for lookback. If price decline coincides with your 19 target, it doesn't mean that your model is correct. Because you used a time frame which you can't explain why you are using such. I used for 2019 and I am getting N33.29. So one who used from the date GTB was registered as a bank will have a different data. So arbitrary timeframe doesn't make sense because we are all not arriving at the same VWAP. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:11pm On Aug 17, 2019 |
In addition, what was your VWAP for just 2018 alone knowing that foreign investors/institutional investors bought GTB that year which made us see the price at 55+ I don't own a single unit of GTB, so don't think I'm here to defend a stock that I own. I don't fall in love with stocks that I buy. Once fundamentals are not OK, mo ti gbe jaaaa! |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:36pm On Aug 17, 2019 |
Witches: What time frame are you looking at? He can start from 1990 (29 years time frame) because FBN was around then. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:46pm On Aug 17, 2019 |
Peter is here with his September school fees bears again. All these past months' bear bear never do you? ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by heavenisreal18: 8:00pm On Aug 17, 2019 |
Pls how I calculate the 1000unit bought at Ecobank in 2009 till present date. What am I suppose to get from. The broker want to pay me off with 32k. |
Re: Nigerian Stock Exchange Market Pick Alerts by smasher1(m): 8:11pm On Aug 17, 2019 |
heavenisreal18: Why are you interested in someone else money. Collect the money you are offered and go and work for your own money. That's the only way you can make it. Besides, the amount you are looking at is not substantial. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by heavenisreal18: 8:28pm On Aug 17, 2019 |
[quote author=smasher1 post=81346200] Why are you interested in someone else money. Collect the money you are offered and go and work for your own money. That's the only way you can make it. Besides, the amount you are looking at is not substantial.[/quote This sound so rude of you, I wasn't trained to lean on people, moreover I didn't even go after the shares they came looking for us as a result of their license been seized and they wanted to start opeating back. The bible said children will have inheritance of their father. I am not a lazy person and fraudster like you. My late dad was zealous about all his investment when he was life, of what use is the the education he gave me if I can't really fight for him. Pls learn to keep quiet ] 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:02pm On Aug 17, 2019 |
heavenisreal18:Lol. You needed people's assitance to sort important issue out, no need to flare up unnecessarily. Maybe its only me, I didnt read any negativity to his comment. guess he just wanted you to collect whatever you're offered and move on. It's your money however and you're entitled to it. Okay, to your Ecobank question, I think the 32k they offered you for 1000units is okay. My reason is based on this: Ecobank Nig was bought over by Ecobank International, there was market crash, there was share reconstruction, and the conversion reduced....if I was right o. ![]() What they offered you is fair enough. Collect it and get done with that. If you however needed more clarification, tell the broker to give you the breakdown. Shikena! 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:16pm On Aug 17, 2019 |
RabbiDoracle: Oracle you get time fa. He doesn't know that there are professors of statistics on this forum. |
Re: Nigerian Stock Exchange Market Pick Alerts by heavenisreal18: 9:33pm On Aug 17, 2019 |
[quote author=Mcy56 post=81347803] Lol. You needed people's assitance to sort important issue out, no need to flair up unnecessarily. Maybe its only me, I didnt read any negativity to his comment. guess he just wanted you to collect whatever you're offered and move on. It's your money however and you're entitled to it. I'm not flaring up, when does seeking understanding become a bad idea I think this kind of forum is to help each other. For the fact that I don't really have the idea of stocks doesn't make me useless in other investment. We learn everyday. Thanks 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 12:04am On Aug 18, 2019 |
RabbiDoracle: My brother, arrogance will get you nowhere. first let me inform you that your funny little shortcut calculation you used cannot get you effective result. using OHLC/4 is very very incorrect. I won't bother taking you through the details because you are not humble enough yet to learn. Next case in point, price below VWAP is what? BEARISH! Insofar as you keep seeing bearish closes on the chosen time frame, the VWAP value will keep decreasing as compared to the previous. This would keep happening until after price has deviated MAXIMALLY from the VWAP. Three standard deviations away from the VWAP is usually 99% of the normal distribution. Only after this pre-condition has been fulfilled before you can begin to expect a reversion to the mean. Answer this simple question sir: Has ordinary price deviated maximally from the (VWAP) measure of central tendency before you want to expect a mean reversion? I'm sure by now you see that reading about formula in books and actually having a RELATIONSHIP with the subject matter are two different things? With a single breath I have refuted your many posts of baseless argument with me. Next person please! And kindly ensure that your knowledge of maths is not sickly before you attempt to take on me. Funny guys on this thread wallahi. |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 12:25am On Aug 18, 2019 |
Agbalowomeri: Your "prof" of statistics wey nor understand the dynamics of a simple mean reversion model. I await your own trade recommendation on gtbank sir and please be ready to put up a good defence of whatever price level you're gonna mention. Let me give you a tip : mention the same level as I did. That's how to be smart. If not, them fit fall your hand o! |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 3:40am On Aug 18, 2019 |
Witches: I checked your profile, quite interesting find. Here are my thoughts about the stocks you requested. 1. FBNH: yet to touch support at 3.35 I don't think we can see anything interesting on it until after it has touched or breached that level. 2. UBA : demand channel is in place on this pair but I won't feel comfortable taking any buy side trade until after it has touched 3.14 or slightly lower. It is important to state here that the quarterly swing high at 10.56 which was breached to the upside suggests a bullish impulsive move. The current sell can terminate at the uptrend line but preferably the support at 3.14 3. ETI: There is almost no sight of volume activity going on for this stock on the yearly chart BUT a look at the quarterly chart reveals that price is almost at the lower extreme of the supply channel. This might make some buyers begin to get interested. The charts are posted below. Kindly note that I didn't have to stress myself carrying out volume computations for any of the 3 stocks because their Price - Time analysis haven't revealed anything interesting. I had sent you a direct message but don't bother replying. I wanted to send you one stock that has done amazingly beautiful things and closed bullish for the past two months with very excellent volume done. A stock that has breached its ten year volume high but your profile shows that you are the detective hired to come confirm that I am a scam. So I won't bribe you with that gift so that you can do your job with a clear conscience. Cheers!
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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:19am On Aug 18, 2019 |
meshpips: I now understand why they said you are just a theorist without portfolio. So long as your theory will make you money in future and our own tested knowledge is still making us money, why you dey wahala yourself? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:29am On Aug 18, 2019 |
D heavenisreal18: Let them show you how they arrived at the figure 32k. How much is the total money you are expecting from your late dad's shares? How much are you expecting from his outstanding dividends? |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:31am On Aug 18, 2019 |
smasher1: Point of correction his late dad's money is not someone else's money. 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:37am On Aug 18, 2019 |
heavenisreal18: I can see that the stock broker was involved in some fraudulent acts in the past and was asked to make restitution to the clients by the regulatory body |
Re: Nigerian Stock Exchange Market Pick Alerts by smasher1(m): 7:42am On Aug 18, 2019 |
emmanuelewumi: Okay |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:54am On Aug 18, 2019 |
heavenisreal18: Also found out that the broker sold your late dad's FBN shares, GTB shares and others valued at about 172k, but he has not paid the proceeds from the sale to your late dad. Please do not be in a hurry to sign any document, from the Stockbroker 1 Like |
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