ositadima1:
Why is SMURFIT not traded, is it because they are the highest dividend paying firm on NSE ?
Nobody won sell their share?

RabbiDoracle:




I hope you will still post when it starts to fall.

When drowning, you are thrown up some times, better to clutch unto a straw rather than think the sea is playing with you.

fxuser:



like how prices have trumped monday openings ..
dis Jan candle is setting up to be one very big monthly candle
prices can go further dan we expect

#bullish

Mcy56:

Highest paying?

Agbalowomeri:


THE BIG SMART GUY don tell una na

ositadima1:
About 33%, but I may be wrong sha.

wanaj0:


We have different threshold. Unfortunately when people join a forum like this, they dont understand that our risk profile differs. So when you follow someone with different risk profile, when the risk materializes then response will be different. When people use SHORT TERM funds for LONG TERM INVESTMENT because someone told them of a 50% return in 2 weeks what do you think will happen?

Then you have people averaging down and the more they buy the lower the market goes! How patient can they be after they've spent rent and school fees money to buy shares expecting to make 50% in 6 months only to be at 25% loss!

Then you have those that don't fully understand the strategic reason behind some moves. You have people buying illiquid stock to get on the board. No plan to sell. Now you joined because it was gaining 10% everyday with the hope of selling! You suddenly discover that what you have is paper profit because no one is BUYING

People need to develop a plan and follow the plan. Yes you can update your plan BUT don't do follow follow because of our risk profile, objective etc are DIFFERENT.

Know yourself and UNTO thyself be TRUE

ositadima1:
Please gurus, as a newbie I was planning on buying any of the top dividend paying stocks preferably UBA and Zenith. After collecting the dividend would I be able to offload as fast before rates start dropping again?

For example UBA is currently more than 50% above its lowest point for the last 52 weeks.

If I come collect 9% yield or something and loose 50% after he no go make sense o.

I dey try learn d work o.

fxuser:


break above n15.40
oya

veecovee:


... could end up the biggest green candle since 2018

Bomboclad:
You don't sound like a newbie to me.

Mcy56:
If wapco should leave the car park eventually, no one should come here and say he/she couldn't see to buy, because the "noise" on it was/is much for the past weeks.

Bomboclad:
You don't sound like a newbie to me.

ositadima1:
I am a newbie o, just read small. I didn't even add the broker's fees about 2.5% for a close cycle of buy and sell.

ositadima1:
Why is SMURFIT not traded, is it because they are the highest dividend paying firm on NSE ?

Nobody won sell their share?

Intendy:
Stock with new 52 week lows

Bua cement #36.00k

Stocks with new 52 week highs

Uba #8.90k

Vitafoam 4.96k

Intendy:
Stock with new 52 week lows

Bua cement #36.00k

Stocks with new 52 week highs

Uba #8.90k

Vitafoam 4.96k

Toluway:
My sister, i was thinking rightly or wrongly that it's no longer at car park. i thought it's car pack was #10 to #13. Sorry if I'm grossly mistaken. I have a substantial idle fund right now.

Mcy56:

Where were you when these stocks were practically begging buyers to buy?
Anyway, it's only my ogas that can answer your kwesion. E don pass student's level.

Mcy56:

That car park was the first point of loading, when the vehicle reach Agba's village 14, the villagers were busy enjoying palm wine under mango tree, CP was one of them.
The vehicle now left for nearby village 15, moved small to 15.40 but went back to 15 and has been there since.........until today. It closed 15.95.

This is NSE anyway, we can never say never.

NB: Sir if you read Fxuser's commentary, he said even at 16.30, it's still a (strong) buy. The decision is now yours.

ositadima1:
You don mean it? So I am late to the party. Anyhow, make I see if I can grab small.

But eh, the kwesion no hard na, I wanted to know if the trading volume of these stocks remain reasonable every month. You suppose know nah as u don teh for this biz.

Bomboclad:
Strategy is what you need to trade, even in the worst of times. 2020 would be a good year for the NSE, don't be missing in action.

Infinitisi:


To succeed in the stock market you need knowledge, far more knowledge than people realise and also experience. Without adequate knowledge/financial literacy you are only going to crash. So what I advice is:

1. You need to first understand what shares/stocks are and how the stock marker works. This is very important. Go online and look for books that explain how the stock market works in simple terms. You can try the one in this link https://zerodha.com/varsity/module/introduction-to-stock-markets/ pls note I haven't read the book and the author is Indian so he will be talking about the Indian stock exchange. But the principle is the same across the world.

2. Decide if you want to be a fundamentalist or a technical trader. A fundamental investor analyses the companies financial results and looks for good, financially healthy stocks to buy at prices lower than what they are worth. He buys to hold for a long time and enjoy long term capital appreciation and/or dividends. He may also sell if prices rises to a level he feels the stock is over prices. The technical trader on the other hand uses technical analysis (just like forex trading) to analyse stock charts and take advantage of short term trading opportunities, buying low and selling high. So decide which side you want to belong and study along that line. You can also combine both strategies. Some do it here.

For a basic intro to fundamental analysis download and read this https://zerodha.com/varsity/module/fundamental-analysis/


For a basic intro to technical analysis download and read this https://zerodha.com/varsity/module/technical-analysis/

3. Do yourself a favour and read the first 50 pages of this thread. Then you can read the last 50 pages of this thread too and from now on keep following the thread. A lot of useful information can be found here and some of your questions will have already been answered here.

4. LAST AND MOST IMPORTANT DO NOT PUT A KOBO IN THE STOCK MARKET OR IF YOU MUST, ONLY A SMALL AMOUNT YOU CAN AFFORD TO LOSE TILL YOU HAVE STUDIED AND HAVE AT LEAST A FOUNDATIONAL KNOWLEDGE OF WHAT THE STOCK MARKET IS AND KNOWLEDGE OF FUNDAMENTAL AND/OR TECHNICAL ANALYSIS.

Give yourself time. The stock market is here and is nor running away. When you eventually start trading you may make a few mistakes but these will be minimised if you have a good grounding from your studies. As your experience grows you will only get better.

Good luck.

nna777:


It's likely to drop further but not below #10 support.

#11 support has been tested and was easily broken hence the pullback.

veecovee:


They laughed at me when I talked about access and others new support.

I wonder ooo, maybe some people think that the banks would go lower than August price.

We are watching though