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Nigerian Stock Exchange Market Pick Alerts - Investment (4798) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:02pm On Aug 26, 2019
kolaish:
I tested FO's water 2 weeks ago. Though My average entry price is N17.35. The stock na juju stock.
Uhmm, FO, I know that one day, you will make us smile grin
their AGM is on 3rd of September,hopefully it moves post AGM.
Re: Nigerian Stock Exchange Market Pick Alerts by valentinenwoko: 10:23pm On Aug 26, 2019
Could N4 be a good buy for INTERBREW.
Also waiting for FO at N6.
UAC PROP at 50kobo
Comments
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 10:27pm On Aug 26, 2019
valentinenwoko:
Could N4 be a good buy for INTERBREW.
Also waiting for FO at N6.
UAC PROP at 50kobo
Comments
Ah FO at 6,you better don't let some people commit suicide.Some actually bought this stock at 250(ipo),abi na rights sef
Re: Nigerian Stock Exchange Market Pick Alerts by valentinenwoko: 10:27pm On Aug 26, 2019
Any news on multiverse
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 10:36pm On Aug 26, 2019
Valueinvestor:

Ah FO at 6,you better don't let some people commit suicide.Some actually bought this stock at 250(ipo),abi na rights sef

One huge lesson av learnt about stock trading is that once a stock starts misrepresenting,just gerrout and be on the sideline.(it is not a time to keep averaging down).

When you find yourself in a pit,its better to jump out of it rather than digging it further.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 10:51pm On Aug 26, 2019
valentinenwoko:
Could N4 be a good buy for INTERBREW.
Also waiting for FO at N6.
UAC PROP at 50kobo
Comments

Re: Nigerian Stock Exchange Market Pick Alerts by valentinenwoko: 10:52pm On Aug 26, 2019
Valueinvestor:

Ah FO at 6,you better don't let some people commit suicide.Some actually bought this stock at 250(ipo),abi na rights sef
What about INTERBREW and UAC PROP, your comments
Re: Nigerian Stock Exchange Market Pick Alerts by valentinenwoko: 10:55pm On Aug 26, 2019
I need analysis on UAC PROP. fair price and TA
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 11:19pm On Aug 26, 2019
valentinenwoko:

What about INTERBREW and UAC PROP, your comments
Honestly,i dont know much about these 2,the numbers have not really attracted me much,

Scared of brewries for now, too much competition (no monopoly at all),and certainly much more cheaper alternatives for consumers.
Am sure sir tritritri will furnish you with the rest grin
Re: Nigerian Stock Exchange Market Pick Alerts by STNWAUME(m): 1:13am On Aug 27, 2019
BullBearMkt:
There might be some Juicy Opportunities to make money in Transcorp
Fundamentally Transcorp stock might not be looking good, hence the reason(s) it has recently kissed a low which is a bit higher than 2016/2017 low. Now, the stock has recently broken a swing high with high energy. And few people that bought low are happy selling. The opportunity to buy and catch up with a nice rally is beckoning if price is rejected between 0.86 - 0.95.

Risk: Higher timeframe still bearish

PLAN YOUR TRADES AND TRADE YOUR PLANS
grin grin grin grin grin

There's a strong accumulation going on at N1:07k

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by owolabi5: 2:00am On Aug 27, 2019
Intendy:
Stocks with new 52 week lows

Livestock #0.40k

Uacn properties #1.00k

International breweries #10.50k

Seplat #441.00k

FO #14.40k

THANKS SIR FOR THE JUICY UPDATES!

BARGAIN HUNTERS CREW LOVE THIS SPACE, KEEP IT FLOWING SIR!!
Re: Nigerian Stock Exchange Market Pick Alerts by BrokerHaruna: 3:23am On Aug 27, 2019
Valueinvestor:

Ah FO at 6,you better don't let some people commit suicide.Some actually bought this stock at 250(ipo),abi na rights sef

FO still has long way to go on bear land. The current owners want to effectively merge it with their company which will translate to heavy dilution at the expense of minority shareholders. �

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:08am On Aug 27, 2019
meshpips:


FO had a failed attempt at support about 2 - 3 weeks ago. I sent the invalidation message to my guys on the 10th of August, 2019. If anyone had taken a BUY position, they would have simply exited for a slight loss.

It is properly aligned for some bullish move BUT needs to form a proper structure at support.

FO still needs to fall towards N6.5 to N7. The faster it falls, the better for it.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:10am On Aug 27, 2019
valentinenwoko:
Any news on multiverse

Are you Ezekiel? You seem to be in the valley of dry bones!

You have lots of dead stocks.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:14am On Aug 27, 2019
meshpips:


FO had a failed attempt at support about 2 - 3 weeks ago. I sent the invalidation message to my guys on the 10th of August, 2019. If anyone had taken a BUY position, they would have simply exited for a slight loss.

It is properly aligned for some bullish move BUT needs to form a proper structure at support.

Be truthful Meshpips. Did you use your proprietary model to rate FO a BUY?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:20am On Aug 27, 2019
valentinenwoko:

What about INTERBREW and UAC PROP, your comments

Hmmm...

Intbrew could get to N5.5

Just forget UAC Prop. I see it nearing 50 kobo.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:28am On Aug 27, 2019
STNWAUME:


There's a strong accumulation going on at N1:07k

Transcorp has a false rise. It will fall back to its low, possibly below 80 kobo sef.
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 4:55am On Aug 27, 2019
BrokerHaruna:


FO still has long way to go on bear land. The current owners want to effectively merge it with their company which will translate to heavy dilution at the expense of minority shareholders. �

I have a different opinion concerning that stock. It has done everything needed for a BULLISH move except that it hasn't formed a proper support. Once this last pre-condition is met, the stock would soar.
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 5:01am On Aug 27, 2019
RabbiDoracle:


Be truthful Meshpips. Did you use your proprietary model to rate FO a BUY?


Bros, wetin else I for use? Na the only thing I get be that na.

You people asked me not to post here so I didn't share.

We (in the little Group) had our eyes on that stock since the week started. If not that it closed for that week in a way that invalidated the buy signal, all my people would have been fully positioned.
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 5:45am On Aug 27, 2019
maishai:
school fees im paying here no get part 2................... No consolation news other than high eps...... Have they found out no dividend will be paid
Same with me oo, thank God say FO is just 1.6% of my stock portfolio. I am just curious why the stock should be digging for oil despite the high EPS.
Re: Nigerian Stock Exchange Market Pick Alerts by Northeastern: 5:51am On Aug 27, 2019
meshpips:


Bros, wetin else I for use? Na the only thing I get be that na.

You people asked me not to post here so I didn't share.

We (in the little Group) had our eyes on that stock since the week started. If not that it closed for that week in a way that invalidated the buy signal, all my people would have been fully positioned.

Oga, stop saying what you know nothing about. You have gone to form group on what you know nothing about. The man you quoted above is a veteran stockbroker that doesn't only trade but understands finance. If you know FO very well, you should have know that the dynamics have forever changed for that stock. The owner that cares about price is gone and it is no longer on the MSCI. It will rally based on fundamentals and when the market is risk on. You are being swayed by the fact that it had traded at 300+ in 2015.

Like I always say, you are delving into a field you know nothing about. The only thing you have done here is to cause confusion and what should baffle everyone is that you are just posting rubbish here without investing a dime. Put your money where your mouth is na. 'An inexperienced man is an optimistic man.'

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Northeastern: 6:00am On Aug 27, 2019
RabbiDoracle:


FO still needs to fall towards N6.5 to N7. The faster it falls, the better for it.

The guy does not have any model, him just dey blab. A model that would recommend a buy on Access at 5.80 (12% discount) and a buy for GT at 19.42 (34% discount), what sort of model is that?

Someone that doesn't own a stock is the most busiest on this thread. He has gone to form a kangaroo group where he is the only member.
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 6:06am On Aug 27, 2019

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 6:27am On Aug 27, 2019
I once bought FO several years back at 198, and saw it declining following deteriorating fundamentals,instead of bailing out fast and staying on the sidelines,i was just hopeful that it will recover soon(as if i was one of the directors there/decision makers in the company o),i eventually came out with a huge loss.

So when i saw TOTAL doing its own, i didnt even think about it twice,imagine where it is now(Although now on my watchlist for troubled stocks).

Lessons learned
1.Never fall in love or sympathize with any stock except you have a controlling stake
2.The fact that a stock becomes so cheap does not mean it is a good buy except it is strongly supported by fundamentals,

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 6:47am On Aug 27, 2019
Watchlist of some TROUBLED stocks
Total,nascon,eterna,unilever,ucap,npfmcrfbnk,oando,okomuoil,upl,guinness,NB.

Stocks that used to be on the watchlist of TROUBLED stocks but now on the path of recovery
Uacn,dangflour,flourmills,wapco,Africa,cadbury,ccnn,Eti,jaiz,nacho,

Please these are not recommendations o,but personal observations

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 7:23am On Aug 27, 2019
Northeastern:


Oga, stop saying what you know nothing about. You have gone to form group on what you know nothing about. The man you quoted above is a veteran stockbroker that doesn't only trade but understands finance. If you know FO very well, you should have know that the dynamics have forever changed for that stock. The owner that cares about price is gone and it is no longer on the MSCI. It will rally based on fundamentals and when the market is risk on. You are being swayed by the fact that it had traded at 300+ in 2015.

Like I always say, you are delving into a field you know nothing about. The only thing you have done here is to cause confusion and what should baffle everyone is that you are just posting rubbish here without investing a dime. Put your money where your mouth is na. 'An inexperienced man is an optimistic man.'

Young man, you are very quickly becoming unbearably irritating to me.

Please do well not to quote my post or mention me in any of your write -up going forward.

Thank you.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:28am On Aug 27, 2019
BrokerHaruna:


FO still has long way to go on bear land. The current owners want to effectively merge it with their company which will translate to heavy dilution at the expense of minority shareholders. �
oooh,ccnn comes to mind!
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 7:29am On Aug 27, 2019
FORTE OIL

Price is at the lower extremum point of a supply channel.

Buyers will certainly get interested at such a level.

I will post an update after this week's close.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 8:01am On Aug 27, 2019
In NSE join stock that are performing well based on their quarterly report. Once they started messing up quickly leave them, because market is ready to punish them on their mess up, but whenever they started performing join back. Don't enter stock which is selling at #80 because of their 52 weeks high of #300, because you might finally landed at #10 with them.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:17am On Aug 27, 2019
Jejebabaa:

Samw with me oo, thank God say FO is just 1.6% of my stock portfolio. I am just curious why the stock should be digging for oil despite the high EPS.

Facts behind the figure
#Wanaj grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:30am On Aug 27, 2019
RabbiDoracle:


Be truthful Meshpips. Did you use your proprietary model to rate FO a BUY?


Of course, it would always fail; na only coincidence go make am work
I still don't understand why anyone would base stock trading on modelling
In my field I do modelling and I know you can get 10 different models (for the same question) depending on assumptions
Na that uncertainty I go come carry dey play with my money?
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 8:43am On Aug 27, 2019
Agbalowomeri:


Of course, it would always fail; na only coincidence go make am work
I still don't understand why anyone would base stock trading on modelling
In my field I do modelling and I know you can get 10 different models (for the same question) depending on assumptions
Na that uncertainty I go come carry dey play with my money?

Patience would tell the whole story sir.

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