Bomboclad:
True!
I have found no symmetry between the movement of Oil Price & the ASI. If anyone has the analysis for such a study, I would be glad to be a student of yours.

You for wait let's hear from oga MH himself.

Whats the concept behind a 3 day bonanza, please educate me. This one wey I talk, na so I see am oh. NSE is always full of surprises though, so anyone with cash should watch before leaping.

locodemy:


Remember the three days bonanza never show face.Not sure if we counted day one today.

Whenever you hear from cp,just be ready.

Try to reduce the 90% to 30% so pople who are holding cash at hand will not put sand for your garri.

locodemy:


Remember the three days bonanza never show face.Not sure if we counted day one today.

Whenever you hear from cp,just be ready.

Try to reduce the 90% to 30% so pople who are holding cash at hand will not put sand for your garri.

My oga, what’s your opinion on getting ETI @N6.50?

dinyelutochukwu:


My oga, what’s your opinion on getting ETI @N6.50?

Let Gtb be your barometer to measure stocks especially banking stocks.If 29 naira support is broken tomorrow,bro you wait o.

Do you know I placed order to buy fcmb today @ 1.80 and I got some units.This tells me by tomorrow,fcmb will be forming another support at below 1.80.

Just sharpen your Cutlass,the way you have been following and monitoring stocks recently,You will smile in your next entry.

Remember,Eti was very active in today's trading at 6.40 and later closed at 6.50 on a thin volume likewise Wapco did 15 and closed @ 15 .50 with less than a thousand units.All these signals more downturn......

Loco, ETI closed 6.40 and Wapco 15.10.
In my own newbie's opinion, I think ETI is around the price it reversed the last time and taking position gradually wouldnt be bad.
Like I said, its totally my personal opinion. Apply DD pls.
I'm not a TA or FA person. I only watch weather, I may be wrong.

dipoolowoo:
We’ll Ensure Investors Don't Bear Unnecessary Costs—SEC
https://businesspost.ng/economy/well-ensure-investors-dont-bear-unnecessary-costs-sec/

Nigeria Shops for Financial Advisers for $3.3bn Eurobond
https://businesspost.ng/economy/nigeria-shops-for-financial-advisers-for-3-3bn-eurobond/

BUA Cement Joins MSCI Frontier Markets Index
https://businesspost.ng/economy/bua-cement-joins-msci-frontier-markets-index/

UPDC to Engage Investors on N16bn Rights Issue
https://businesspost.ng/economy/updc-to-engage-investors-on-n16bn-rights-issue/

NSE Trades 912m Stocks Worth N12bn in 17,083 Deals in Five Days
https://businesspost.ng/economy/nse-trades-912m-stocks-worth-n12bn-in-17083-deals-in-five-days/

Oga Yok.......I was expecting u to break this news from msci.......,,,,,what could be their rationale for buying into bus at this expensive moment

.

RabbiDoracle:


Those who are close to me knew that I sold through out January. Cc Jejebaba, DeRuggedProf, 333.

I said start to exit in percentages. The info was for some people. Maybe not to you. You fit dey slim, I no know.

I need time to exit. Maybe your kaya be like nylon of ijebu garri. The main thing is to know when the party is about to be over.

At least you have told me what ails you about my telling people to exit on time. I will adjust and will not issue those statement anymore.

Una can vex on people's happiness.

I wonder ooo. I am neither your friend nor your enemy but I like your ways. Be careful of anyone who describes you as a mentor and still addresses you in such a manner. We Black people have a long way to go!

Mcy56:

Oga Oracle, you were/are actually right about your predictions.
The timing issue, if we look at it very well from your point of view was really not wrong afterall.
Someone cleared it here, cant remember the moniker now, that you are very fat, so the projection was actually for fat people around that time to start exiting.
@All, please lets appreciate this sage's assistance in our midst. Yes, we know nobody knows it all.
One guy's description and 'quantification' of Oga Oracle remains in my memory till date and he will continue to have my respect any time any day.
He counted Nsempa's lucky to have him in our midst and we can agree he's so selfless.
Sometimes I wonder if he's actually Onifa in real life self. Lol..

This is more like it!

PETERiCHY:
It's getting dicey

abeg make them find agbo ijebu drink

locodemy:


Let Gtb be your barometer to measure stocks especially banking stocks.If 29 naira support is broken tomorrow,bro you wait o.

Do you know I placed order to buy fcmb today @ 1.80 and I got some units.This tells me by tomorrow,fcmb will be forming another support at below 1.80.

Just sharpen your Cutlass,the way you have been following and monitoring stocks recently,You will smile in your next entry.

Remember,Eti was very active in today's trading at 6.40 and later closed at 6.50 on a thin volume likewise Wapco did 15 and closed @ 15 .50 with less than a thousand units.All these signals more downturn......

Loco, thanks for your succinct analysis. Truly GT is a great barometer for measuring price resistance especially in banking stock. I loaded some units of ETI @ N6.50 yesterday. I’m keenly watching to see how today pans out.
Like someone predicted, there’ll be blood on the floor of the market this week.

Bomboclad:
True!
I have found no symmetry between the movement of Oil Price & the ASI. If anyone has the analysis for such a study, I would be glad to be a student of yours.

We have discussed the issue sometimes a go...

NSE doesn't follow oil on a day by day or week by week movement...

The correlation of oil with NSE is on the long time direction of oil...
If oil price is bearish for a long time expect naira devaluation and you are better off not to be in NSE at the point of devaluation.....

External Reserves Slides To 27 Months Low

https://www.nairaland.com/5691035/external-reserves-slides-27-months

You guys should continue enriching brokers...

The only stock that interest me now is UACN and offsprings!

pluto09:
External Reserves Slides To 27 Months Low

https://www.nairaland.com/5691035/external-reserves-slides-27-months

Devaluation loading......

How come ?

Coolcash1:


Devaluation loading......

stcool:
You guys should continue enriching brokers...

The only stock that interest me now is UACN and offsprings!

The stocks that impress me are Wapco, Access(interested in seeing how the result would look) fidelity(want to know this year's dividend payout)

That is cool Man, Something big is expected from them. No dissappointment.

Mpeace:
The stocks that impress me are Wapco, Access(interested in seeing how the result would look) fidelity(want to know this year's dividend payout)

Warren Buffet: ‘I’m going to buy hamburgers the rest of my life,’ he declared. ‘When hamburgers go down in price, we sing the “Hallelujah Chorus” in the Buffet household. When hamburgers go up, we weep. For most people, it’s the same way with everything in life they will be buying – except stocks. When stocks go down and you get more for your money, people don’t like them anymore............


....They no longer even love the people posting 52 weeks lows.......

someone told me yesterday that the clouds have become so porous that almost all prices are freely passing through it down to earth, MCY, kindly confirm.........You must start commentary today from the DRESSING ROOM......

Below is ONIFA heading to another observatory this morning.......

Yea, some of us love to own them because we get Big value for a penny

DeRuggedProf:
Warren Buffet: ‘I’m going to buy hamburgers the rest of my life,’ he declared. ‘When hamburgers go down in price, we sing the “Hallelujah Chorus” in the Buffet household. When hamburgers go up, we weep. For most people, it’s the same way with everything in life they will be buying – except stocks. When stocks go down and you get more for your money, people don’t like them anymore............


....They no longer even love the people posting 52 weeks lows.......

pluto09:



We have discussed the issue sometimes a go...

NSE doesn't follow oil on a day by day or week by week movement...

The correlation of oil with NSE is on the long time direction of oil...
If oil price is bearish for a long time expect naira devaluation and you are better off not to be in NSE at the point of devaluation.....

You are on point, when the crude oil go bearish for weeks into months, it will read to economy collapse.

E ku 500k, 1M, 1.5M and 2M gang on Zee offer side ooo. Most offers at N20.
This stock is a weird one. They're just bent on crashing the price by all means.

Market started on a usual normal way, no panic selling despite huge offers in some stocks like Zee....low volume.........
Bids more than offers in some............................unwilling buyers, unwilling sellers...............we are observing.............

Bigjay01 reporting as a local investor for the next 10 days.
Good to be home.

Zee would always find it difficult moving without GT.

When men in black and deep pockets finishing buying for dividend

they would release the stock from imprisonment

Mcy56:
E ku 500k, 1M, 1.5M and 2M gang on Zee offer side ooo. Most offers at N20.
This stock is a weird one. They're just bent on crashing the price by all means.

Market started on a usual normal way, no panic selling despite huge offers in some stocks like Zee....low volume.........
Bids more than offers in some............................unwilling buyers, unwilling sellers...............we are observing.............

pluto09:



We have discussed the issue sometimes a go...

NSE doesn't follow oil on a day by day or week by week movement...

The correlation of oil with NSE is on the long time direction of oil...
If oil price is bearish for a long time expect naira devaluation and you are better off not to be in NSE at the point of devaluation.....

That is costly mistake some of investors make.

You don't stay away from the Market or stop investing because of devaluation, recession or bearish oil prices .

These who stayed away when we were buying Zenith, WAPCO cheaper regretted their actions.

Adjusting and adapting to business environment is a quality every investor must have.

Gbam!

OBAGADAFFI:


That is costly mistake some of investors make.

You don't stay away from the Market or stop investing because of devaluation, recession or bearish oil prices .

These who stayed away when we were buying Zenith, WAPCO cheaper regretted their actions.

Adjusting and adapting to business environment is a quality every investor must have.

GT found support at 29 for the past few days now.............let's see how long it holds.
If it holds and building from there, we could witness small reversal .......up....... ....................just an observation.
FBNH............support at 5.95 for some days.........
Wapco at 15..............

OBAGADAFFI:


That is costly mistake some of investors make.

You don't stay away from the Market or stop investing because of devaluation, recession or bearish oil prices .

These who stayed away when we were buying Zenith, WAPCO cheaper regretted their actions.

Adjusting and adapting to business environment is a quality every investor must have.

Can you explain this?

bigjay01:
Bigjay01 reporting as a local investor for the next 10 days.
Good to be home.

Nice one.

sellydion:
Zee would always find it difficult moving without GT.
When men in black and deep pockets finishing buying for dividend they would release the stock from imprisonment

Think that dumping was halted cos GT finds support, so far at least.
...........and the deep pocket is.............either taking a break or is done selling.

bigjay01:
Bigjay01 reporting as a local investor for the next 10 days.
Good to be home.

Welcome home boss, na when make I show for hood to come collect my own Iya Charlie money.
Anyway, enjoy ur vacation sir in this GMB era.