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Nigerian Stock Exchange Market Pick Alerts - Investment (4969) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:33pm On Nov 05, 2019
FCMB
- wt fidelity price up over +30% from yr lows ! FCMB been finding ss ard d 1.60 for weeks
- possible corrective swing to d upside, any weekly close break below 1.60 invalidates d narrative

#swingBUY

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:36pm On Nov 05, 2019
Chop, clean mouth and pick teeth.

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:37pm On Nov 05, 2019
igi gogoro ma gun mi l'ojo

grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:38pm On Nov 05, 2019
fxuser:
FCMB
- wt fidelity price up over +30% from yr lows ! FCMB been finding ss ard d 1.60 for weeks
- possible corrective swing to d upside, any weekly close break below 1.60 invalidates d narrative

#swingBUY

It seems some people have seen FCMB mgbo! See the sharp rise (igi gogoro)
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:40pm On Nov 05, 2019
fxuser:
Zen
Update
- firming the 17 support level
- gapping up today (note DAY LOW > prev close
- price action favors a swing trade, TP 1 wud be possible retest of prev resistance (RR) N19 levels
- if that breaks , we wud see a higher high and N19 wud be support

pls manage ur trade , not financial advise

As they were selling, more people were buying grin

Those who had been holding since are exiting. Soon they will be the ones averaging up.

Aero Contractor is what they will use and chase prices!
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:41pm On Nov 05, 2019
fxuser:


- however , holding above prev weekly close , price is quickly forming a higher low on d big TF (see UBA weekly)
- d 52 week low possible re-test bearish narrative just got pushed aside , previous sellers will likely pause
- tnx to omo corridor squeeze ,TB mkt also feeling d gbedu , bonds <13.5% , TB <12%
- PFA's need dat cash to go somewhere
- selected equities shud find some further support and possible retest recent failed brk RR levels into EOY

#banks #buy

Nice one bro
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:42pm On Nov 05, 2019
Intendy:
Stocks with new 52 week lows

Rtbriscoe #0.23k

Unity bank #0.53k

Updc real estate #4.45k

MRS #15.30k

Capital hotel #2.75k

Unilever #24.05k

Any 52 weeks low today?
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 2:44pm On Nov 05, 2019
The silence in NSEMPA even when the market is enjoying a seeming bullish trend is what I cant place.
Unusual stuvs.
At least no be everybody wey wait for endless bottoms na.
Anyway, all na market behaviour. grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:45pm On Nov 05, 2019
Godisfaithful:


Fear of missing out (FOMO) playing at the moment. Still coming back to N5+ soon. No hurry grin grin grin

It didn't fall to August low during the October decline and you wish it will fall after this time. grin

Let's see how the market goes. Like I have always maintained, it had been bullish and it will remain so. People will keep buying from the weak hands.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:51pm On Nov 05, 2019
OakPearl:
The silence in NSEMPA even when the market is enjoying a seeming bullish trend is what I cant place.
Unusual stuvs.
At least no be everybody wey wait for endless bottoms na.
Anyway, all na market behaviour. grin grin grin

They didn't believe the rise ni o. Some could have sold off out of fear and now looking in awe!

They believed that market will keep falling till year end whereas the chart is there showing you great things.

The tricky thing with the chart is that despite showing points of reversals, it can still be going down pricewise but other tools still points that the bull is there warming up. Hence my constant reminder.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:52pm On Nov 05, 2019
locodemy:
Chai......fcmb will scatter ground if release positive result.


This one is used to doing 10% daily when the result is earth-shattering.

Watch the space!
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:56pm On Nov 05, 2019
[quote author=RabbiDoracle post=83763336]

They didn't believe the rise ni o. Some could have sold off out of fear and now looking in awe!

They believed that market will keep falling till year end whereas the chart is there showing you great things.

The tricky thing with the chart is that despite showing points of reversals, it can still be going down pricewise but other tools still points that the bull is there warming up. Hence my constant reminder.





Well said brv
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 3:10pm On Nov 05, 2019
Even oga BBM, our TA expert said it here that, there is no point running away from NSE at this time since its already at the bottom with high dividend yield.
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 3:38pm On Nov 05, 2019
RabbiDoracle:

Any 52 weeks low today?
Stock with new 52 week lows
Guinness #23.30k
Stocks with new 52 week highs
Consolidated hallmark #0.41k
Access Bank #8.30k

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 3:47pm On Nov 05, 2019
Intendy:


Stock with new 52 week lows

Guinness #23.30k


Stocks with new 52 week highs

Consolidated hallmark #0.41k

Access Bank #8.30k

Wicked. You for allow Oracle bask in his bull naaa. He asked for any low and you gave him one.

LOL.

#Heels.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:24pm On Nov 05, 2019
mendes911:


Wicked. You for allow Oracle bask in his bull naaa. He asked for any low and you gave him one.

LOL.

#Heels.

grin grin

Soon you go dey see 10% gain everyday. Marching white marubozu!
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:27pm On Nov 05, 2019
Intendy:


Stock with new 52 week lows

Guinness #23.30k

Stocks with new 52 week highs

Consolidated hallmark #0.41k

Access Bank #8.30k

The "A" in 3FUGAZ. Wicked!

Soon the 3Fs will fly.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:28pm On Nov 05, 2019
Jejebabaa:
Even oga BBM, our TA expert said it here that, there is no point running away from NSE at this time since its already at the bottom with high dividend yield.

Definitely BBM made a good call. Dividend yield chasers will definitely benefit when prices were low.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by JAS10: 4:29pm On Nov 05, 2019
RabbiDoracle:


They didn't believe the rise ni o. Some could have sold off out of fear and now looking in awe!

They believed that market will keep falling till year end whereas the chart is there showing you great things.

The tricky thing with the chart is that despite showing points of reversals, it can still be going down pricewise but other tools still points that the bull is there warming up. Hence my constant reminder.

Weli.done bros.you have consistently advised against selling.off good stocks
Any member that.fails to key.in at.such great prices should not blame.village people o
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:49pm On Nov 05, 2019
RabbiDoracle:


The "A" in 3FUGAZ. Wicked!

Soon the 3Fs will fly.

First bank,fcmb and fidelity...I hope I decode am wella
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 5:13pm On Nov 05, 2019
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:14pm On Nov 05, 2019
UACN is currently priced at N6.20 and with current Q3 results excluding UPDC operations, it is on track to report at least EPS of N1.69 for Q4. It has the capacity of paying at least 65kobo as a dividend for the full year. However, the challenge facing it now is to recapitalize UPDC of which it has 64%. The implication is that the company must provide at least 64% of N15.97b. It could be more if the rest of 36% of shareholders in UPDC decides not to take up their rights. UACN has already provided funds in bridge loans in excess of this amount according to the statement in the Q3 reports. UPDC shareholders will get shares in UPDC Reits. the exchange may likely be in the ratio of at least 2 units in UPDC for 1 unit in UPDC REITs. UACN shareholders will also have the benefits of receiving shares in UPDC. It may likely be up to 2 or 3 units in UPDC for every 1 unit in UACN. The snag in all of these will also be which of these transactions will come first. UPDC rights, UPDC unbundling, UACN allocation of shares in UPDC to its shareholders. I believe UACN is a good buy going forward.
owoblow77:

Yes boss cool Thanks for your response.
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:37pm On Nov 05, 2019
rebekah2011:
UACN is currently priced at N6.20 and with current Q3 results excluding UPDC operations, it is on track to report at least EPS of N1.69 for Q4. It has the capacity of paying at least 65kobo as a dividend for the full year. However, the challenge facing it now is to recapitalize UPDC of which it has 64%. The implication is that the company must provide at least 64% of N15.97b. It could be more if the rest of 36% of shareholders in UPDC decides not to take up their rights. UACN has already provided funds in bridge loans in excess of this amount according to the statement in the Q3 reports. UPDC shareholders will get shares in UPDC Reits. the exchange may likely be in the ratio of at least 2 units in UPDC for 1 unit in UPDC REITs. UACN shareholders will also have the benefits of receiving shares in UPDC. It may likely be up to 2 or 3 units in UPDC for every 1 unit in UACN. The snag in all of these will also be which of these transactions will come first. UPDC rights, UPDC unbundling, UACN allocation of shares in UPDC to its shareholders. I believe UACN is a good buy going forward.

I want to choose between UBA and UACN.
I don't want to hold both, give me your sincere advice.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:53pm On Nov 05, 2019
Prof. How can small me choose stocks for you? I hold small units in UBA but my entire eyes are on ZENITH Bank. UACN is a long term buy for me too if I have tasere funds.
DeRuggedProf:


I want to choose between UBA and UACN.
I don't want to hold both, give me your sincere advice.
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 5:58pm On Nov 05, 2019
DeRuggedProf:


I want to choose between UBA and UACN.
I don't want to hold both, give me your sincere advice.
...this is the type of problem I love. UBA is definitely bullish & UACN is bullish as well. Maybe elimination by substitution will do the magic or probably fundamental analysis.
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Infinitisi(m): 6:00pm On Nov 05, 2019
OakPearl:
The silence in NSEMPA even when the market is enjoying a seeming bullish trend is what I cant place.
Unusual stuvs.
At least no be everybody wey wait for endless bottoms na.
Anyway, all na market behaviour. grin grin grin

No worry e still be like film trick. Let us have a few more days of bull and all manner of analysts and soothsayers will pop out of the woodwork.

Analysis and grammar go yapa
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:43pm On Nov 05, 2019
I am so surprise that most Nsempa members are not included in this calf and that is keeping the forum dull at the moment.

Anyway,I paid much attention to the market to know when actions should be taken.

I took position in the winning stocks at their decent prices.

I am no more buying but watching prices to handover to Fpi guys.

Oracle,you will live long for sighting bull and insisted.This your action put me in worry for many days/weeks.Later I begin to see things with my eyes.
Re: Nigerian Stock Exchange Market Pick Alerts by Infinitisi(m): 6:48pm On Nov 05, 2019
locodemy:
I am so surprise that most Nsempa members are not included in this calf and that is keeping the forum dull at the moment.

Anyway,I paid much attention to the market to know when actions should be taken.

I took position in the winning stocks at their decent prices.

I am no more buying but watching prices to handover to Fpi guys.

Oracle,you will live long for sighting bull and insisted.This your action put me in worry for many days/weeks.Later I begin to see things with my eyes.



You need to buy him Orijin
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 7:29pm On Nov 05, 2019
Infinitisi:


No worry e still be like film trick. Let us have a few more days of bull and all manner of analysts and soothsayers will pop out of the woodwork.

Analysis and grammar go yapa

Chai!
Kikikikikki
Bros I nearly fall off the stationary bike for gym @the bolded.
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 9:14pm On Nov 05, 2019
Jejebabaa:
Even oga BBM, our TA expert said it here that, there is no point running away from NSE at this time since its already at the bottom with high dividend yield.
Dividends still don't lie,stocks with the best dividend yield( + other metrics sha) will always outshine others in the long run

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 9:19pm On Nov 05, 2019
locodemy:
I am so surprise that most Nsempa members are not included in this calf and that is keeping the forum dull at the moment.

Anyway,I paid much attention to the market to know when actions should be taken.

I took position in the winning stocks at their decent prices.

I am no more buying but watching prices to handover to Fpi guys.

Oracle,you will live long for sighting bull and insisted.This your action put me in worry for many days/weeks.Later I begin to see things with my eyes.
Oga loco wait for me o, make i buy small zenith and conoil before i join you grin


Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:22pm On Nov 05, 2019
I hope this calf will cut across all sectors aside banking alone.
Maybe its only me, Im not really impressed with the 'greens I'm seeing so far. sad

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