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Re: Nigerian Stock Exchange Market Pick Alerts by eziokwunwoko(m): 3:49pm On Sep 12, 2019
IS THERE A POSSIBILITY THAT UACN WILL DO A RIGHT ISSUE TO SUPPORT UPDC RIGHT ISSUE.IF THEN OS WILL INCREASE.
I MISSED THE OPPORUNITY TO BUY @ 4.5. I AM CONFUSED.
PLS WILL DANGOTE SUGAR FALL TO N6.00 because N8.O0 PLUS IS EXPENSIVE
CAVERTON ; what is the ideal price to buy, can they pay 40k dividend
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 3:54pm On Sep 12, 2019
RabbiDoracle:


My dear, that thing is a terrible gamble o.

First time, I staked 1K and in 3 days I made 180%. Lost part of it. I lost after I had posted on NL. grin

Later I withdrew my balance.

I later entered again with $500 and in 2 days, I made $3,200. Actually on the second day I grew my fund from 806 to 3,200. First day was 500 to 806. I lost a huge part of it on the third day.

I quickly withdrew the remainder. Make dem no kill me.

Una safe journey o.

That field no be where you sabi book o. Na pure gamble o. You are dealing with human emotions and sometimes the system freezes when those crazy Yankee enter at 3pm with their very fast trading which zaps up and down.

Mo gbe jaaaaa sharp sharp. I can't come and kee myself. grin grin


It was a good experience. grin grin
I can't count the number of time I have run and later go back again in that crazy game...

You will still go back grin grin cheesy cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by 735i(m): 3:57pm On Sep 12, 2019
pluto09:



It was a good experience. grin grin
I can't count the number of time I have run and latter go back again in that crazy game...

You will still go back grin grin cheesy cheesy
You guys make it sound exciting. Can you guide me into the forest? Don't worry about my getting lost. what app do you use? how easy is it to set up an account?
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:58pm On Sep 12, 2019
RabbiDoracle:


The way stocks will power up, it will be as if it was launched by a nuclear tipped missile.


Don't loud it yet. smiley wink cheesy
Some folks will soon get the picture of things.

To think that some of us saw ZENITH @ N16+, ACCESS and UBA @ N5+ and FCMB and FIDELITY @ N1.40 -1.50, but were still waiting to get them for 'free' is indeed a bit funny. grin grin grin
They've not even started rising yet. ...no, not at all !!
Fortunately, the OPPORTUNITY is still there for those who can see through them !!
When the thing about the herd mentality kicks in and endowment effect grows to compound it, then...

It's alright.
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 3:58pm On Sep 12, 2019
RabbiDoracle:


My dear, that thing is a terrible gamble o.

First time, I staked 1K and in 3 days I made 180%. Lost part of it. I lost after I had posted on NL. grin

Later I withdrew my balance.

I later entered again with $500 and in 2 days, I made $3,200. Actually on the second day I grew my fund from 806 to 3,200. First day was 500 to 806. I lost a huge part of it on the third day.

I quickly withdrew the remainder. Make dem no kill me.

Una safe journey o.

That field no be where you sabi book o. Na pure gamble o. You are dealing with human emotions and sometimes the system freezes when those crazy Yankee enter at 3pm with their very fast trading which zaps up and down.

Mo gbe jaaaaa sharp sharp. I can't come and kee myself. grin grin



grin grin Welcome back oga mi R..onifa na here we need u ..that ifa no go work for that Fx area
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 4:00pm On Sep 12, 2019
eziokwunwoko:
IS THERE A POSSIBILITY THAT UACN WILL DO A RIGHT ISSUE TO SUPPORT UPDC RIGHT ISSUE.IF THEN OS WILL INCREASE.
I MISSED THE OPPORUNITY TO BUY @ 4.5. I AM CONFUSED.
PLS WILL DANGOTE SUGAR FALL TO N6.00 because N8.O0 PLUS IS EXPENSIVE
CAVERTON ; what is the ideal price to buy, can they pay 40k dividend


Catching market bottom is always very difficult......
Dangote sugar at N6 ?, don't think that will happen now....

Those who are actually waiting for bottom are traders and as momentum traders, averaging up is their thing....
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:05pm On Sep 12, 2019
pluto09:



It was a good experience. grin grin
I can't count the number of time I have run and later go back again in that crazy game...

You will still go back grin grin cheesy cheesy

I don't gamble o.

Once I see that it is not what intelligence can decode the direction, omo I don take off. The volatility is second to none.

Sometimes when I place a position and in seconds it starts going in the opposite direction, I even started to think if the system administrators are monitoring me to wipe the gain I made grin

It is a bad gamble.

Once you enter into the right trend, you continue to hammer. But you must be awake and aware because at 3pm(1pm in Nigeria) those crazy yanks will turn the thing around.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:08pm On Sep 12, 2019
735i:

You guys make it sound exciting. Can you guide me into the forest? Don't worry about my getting lost. what app do you use? how easy is it to set up an account?

It was actually meshpips that made it sound exciting. It is exciting though but it is nerve wracking.

The experience is great and at least I can talk about it when Meshpips talks. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 4:10pm On Sep 12, 2019
The scam called Aiico
They want to add 16billion more units.

If you entered this stock...
https://nairametrics.com/2019/09/12/aiico-insurance-to-increase-share-capital-by-80/
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 4:12pm On Sep 12, 2019
RabbiDoracle:


I don't gamble o.

Once I see that it is not what intelligence can decode the direction, omo I don take off. The volatility is second to none.

Sometimes when I place a position and in seconds it starts going in the opposite direction, I even started to think if the system administrators are monitoring me to wipe the gain I made grin

It is a bad gamble.

Once you enter into the right trend, you continue to hammer. But you must be awake and aware because at 3pm(1pm in Nigeria) those crazy yanks will turn the thing around.


You can try volatility index now grin grin
That one crazy past forex o........
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:13pm On Sep 12, 2019
lancee:




grin grin Welcome back oga mi R..onifa na here we need u ..that ifa no go work for that Fx area

I had to google how FX works. It is very different from stocks.

For stocks, the price you see is the price someone paid another to buy the stock. Unlike FX where the price ( bid/offer) is the price that they wish to buy/sell without actually executing any transaction.

How is the bull?

Peter must have eaten his words by now. He said September was school fees period. grin

Blessed are the patient, for they shall inherit NSE. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 4:14pm On Sep 12, 2019
Mpeace:
The scam called Aiico
They want to add 16billion more units.

If you entered this stock...
https://nairametrics.com/2019/09/12/aiico-insurance-to-increase-share-capital-by-80/

Don't worry my dear.
..ur eye go soon clear !! shocked shocked

Btw, what the company is adding is 8B units(16B units of 0.50k each) and NOT 16B more units as u put it.

It is well.
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 4:14pm On Sep 12, 2019
wink cheesy grin
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 4:15pm On Sep 12, 2019
Mpeace:
The scam called Aiico
They want to add 16billion more units.

If you entered this stock...
https://nairametrics.com/2019/09/12/aiico-insurance-to-increase-share-capital-by-80/


This is one of the reasons for my reservation about aiico.
I don't like a company that is asking for my money in any disguise... cool
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 4:26pm On Sep 12, 2019
Mpeace:
The scam called Aiico
They want to add 16billion more units.

If you entered this stock...
https://nairametrics.com/2019/09/12/aiico-insurance-to-increase-share-capital-by-80/

I am off insurance stocks till further notice. If that sector likes, it should deliver 100% returns in the next 12 months. I wont be back till the coast is clear for me.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:31pm On Sep 12, 2019
Mpeace:
The scam called Aiico
They want to add 16billion more units.

If you entered this stock...
https://nairametrics.com/2019/09/12/aiico-insurance-to-increase-share-capital-by-80/

Following the recapitalization in the insurance sector,I don't think it's a bad idea to add 8 billion units to their outstanding shares.Some of the insurance stocks are like 20 billion Os and more.

Although I don't have the stock,I see the price reaching 1.20 very soon.For me,I like to sight the money and follow it,once I get the money,I quickly jaaaa......WETIN CONCERN YOU FOR LARGE OS SELF WHEN YOU CAN MAKE UR DOW?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:31pm On Sep 12, 2019
Mpeace:
The scam called Aiico
They want to add 16billion more units.

If you entered this stock...
https://nairametrics.com/2019/09/12/aiico-insurance-to-increase-share-capital-by-80/

One oga here( Dupedous) warned people about this many months ago na.
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 4:42pm On Sep 12, 2019
locodemy:


Following the recapitalization in the insurance sector,I don't think it's a bad idea to add 8 billion units to their outstanding shares.Some of the insurance stocks are like 20 billion Os and more.

Although I don't have the stock,I see the price reaching 1.20 very soon.For me,I like to sight the money and follow it,once I get the money,I quickly jaaaa......WETIN CONCERN YOU FOR LARGE OS SELF WHEN YOU CAN MAKE UR DOW?



They are likely to bid the price up for the new money they want to raise.....so money could be made here ...
Large OS and dilution no good sha,but if one can do hit and run.....
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 4:46pm On Sep 12, 2019
RabbiDoracle:


One oga here( Dupedous) warned people about this many months ago na.

But the warnings he(dupeodus) gave, though implying caution, was also a positive driven one.
'cause if u recall, the Oga also repeatedly said he was busy accumulating the stock irrespective of the inherent worries therein.

...his reason?

He believed and knew that though there might have been manipulations in the books of the coy, he sees a huge potential with VALUE accretion therein !! ...and so will continue to accumulate more, come what may !!

Like that Oga(dupeodus), our interest in AIICO is purely value driven.
Rake-off all likely risk, and what u'll still get is a coy that's grossly underpriced.
I think he understood that with AIICO, inherent VALUE drive relative to price(mkt) far outweighs its associated risk.
I once mentioned that the stock is one of the asset with the highest UPR(upside potential ratio) in the 'NSE room' !!

That said, I agree that the company have not been honest with its shareholders.
But then again, we are simply following the money.
...let's see where it leads us to.
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 4:49pm On Sep 12, 2019
RabbiDoracle:


I had to google how FX works. It is very different from stocks.

For stocks, the price you see is the price someone paid another to buy the stock. Unlike FX where the price ( bid/offer) is the price that they wish to buy/sell without actually executing any transaction.

How is the bull?

Peter must have eaten his words by now. He said September was school fees period. grin

Blessed are the patient, for they shall inherit NSE. grin


Yes u re right oga ..na patience ..Na to break forth we dey wait for now after inter div

Harvest time must come

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:52pm On Sep 12, 2019
pluto09:



They are likely to bid the price up for the new money they want to raise.....so money could be made here ...
Large OS and dilution no good sha,but if one can do hit and run.....

Arhh.....my brother we all know the truth.The truith is this is not a good news at all BUT the money to make is the Koko.Just look at Uac prop returning 50% within a week.
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 5:05pm On Sep 12, 2019
RabbiDoracle:


I had to google how FX works. It is very different from stocks.

For stocks, the price you see is the price someone paid another to buy the stock. Unlike FX where the price ( bid/offer) is the price that they wish to buy/sell without actually executing any transaction.

How is the bull?

Peter must have eaten his words by now. He said September was school fees period. grin

Blessed are the patient, for they shall inherit NSE. grin

Las las we buy and sell patience here not stocks.

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:06pm On Sep 12, 2019
RabbiDoracle:


One oga here( Dupedous) warned people about this many months ago na.

Oga Oracle,When this your bull finally land,even Japaul,chams,courteville, etc go return more than zenith,Gtb,Access to investors.

I think is better to position in both good and bad stocks at this time we are expecting a general bull.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 5:08pm On Sep 12, 2019
EKUU mkt o

grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 5:09pm On Sep 12, 2019
wayting be DS price tooday self

grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 5:10pm On Sep 12, 2019
pluto09:
market bottom is always very difficult......
Dangote sugar at N6 ?, don't think that will happen now......
You have time to reply him self.
He's the same guy, valentinenwoko that's been asking same question on UACN and few others since time immemorial, now he still said he missed the same UACN at 4.50 and DS is expensive at 8.
Let him keep waiting at 2naira self, na him get his waiting. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Dupeodus: 5:11pm On Sep 12, 2019
Mpeace:
The scam called Aiico
They want to add 16billion more units.

If you entered this stock...
https://nairametrics.com/2019/09/12/aiico-insurance-to-increase-share-capital-by-80/

This is false reporting. What is contained in the egm resolution is an increase in the authorized share capital. Not an increase in the issued share capital itself that will raise funds. I know aiico's management is playing with it's minority shareholders. They did an egm about a year ago where they got an approval to increase both the authorized and issued share capital to raise N5 billion. I do not know the current status of that. In the last agm, they also got an approval to enter into a technical agreement with an entity that does not even have a web presence. Now they are asking for another approval to enter an agreement with an unnamed entity. When I first started to look at aiico critically around 2017, I suspected that something was off in their treatment of certain foreign assets that they have. I did not have the time to do a thorough analysis. About a month ago, I had the time to trace the movements on the foreign assets on their financials from 2014 to 2018. I was convinced that in 2017, over $7 million of the assets were sold and converted to naira at a rate that is a significant discount to the prevailing exchange rate causing them to write off about N500 million in foreign exchange reserve. This is outright theft. I still do not have time yet to petition the SEC with this. This time, there will also be a petition to efcc.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:12pm On Sep 12, 2019
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 5:12pm On Sep 12, 2019
currentprice:
wayting be DS price tooday self grin grin grin
CP you don dey push am. 9.30 naira only. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 5:15pm On Sep 12, 2019
Mcy56:

CP you don dey push am. 9.30 naira only. smiley

ok na she don leave her 52 week low 8.50

grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:15pm On Sep 12, 2019
currentprice:
wayting be DS price tooday self
grin grin grin
I remember wetin you said about the stock when the general bull show face.
Is this truely the general bull?
Make I go add some top stocks to watch.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:15pm On Sep 12, 2019
onegentleguy:


Don't worry my dear.
..ur eye go soon clear !! shocked shocked

Btw, what the company is adding is 8B units(16B units of 0.50k each) and NOT 16B more units as u put it.

It is well.

Why are contradicting yourself?

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