Brent oil price is currently $59.40 but NSE is not responding positively though, it's influence more by negative fundamental and sentimental indicators

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Ibrahim505:
Brent oil price is currently $59.40 but NSE is not responding positively though, it's influence more by negative fundamental and sentimental indicators

Your 28.40 is okay for GTB. It's a good stock. Result may be around the corner.
If you still have fund, you may add to it, if it falls lower.
Chibuking dropped a post between being an investor and a trader (jijo) sometimes ago, the post was so on point.
There are times you needs to close your eyes to price movement within certain range if you're in a good stock.
The rate the offers will disappear may surprise you.

Nigeria’s Excess Crude Account Falls to $71.8m from $321m in Four Weeks
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GTB: All those huge offers disappeared removed ...................Bid now 10M to 7M offers..............
Ucap did similar pattern before the result was released............people jumping out thru windows but started chasing when the result was released.

austinkenneth:
what's causing this surge in AIICO?

It's an illiquid stock. One person with a reasonably sized order can push the price up.

FCMB..... good bids @ N1.9 something is fishy!

GTB...
Picked decent units at 27.65...

Mcy56:
GTB: All those huge offers disappeared removed ...................Bid now 10M to 7M offers..............
Ucap did similar pattern before the result was released............people jumping out thru windows but started chasing when the result was released.

magic..be like say result dey around the corner
N29 just showed up

The GUARANTY "Under N28" door has been shut, abi i talk am, some people still dey wait!

Bomboclad:
The GUARANTY "Under N28" door has been shut

The shakeout was classic!!!. Whoever executed it is a genius

When I saw it @ under N28, I simply knew its a bargain!

735i:


The shakeout was classic!!!. Whoever executed it is a genius

Now you can smile!

Ibrahim505:
I just entered at 28.40 and its now fallen down to 27.95

735i:
The shakeout was classic!!!. Whoever executed it is a genius

Those guys are something else, it may be that they crashed it so as to enter lower
Doesnt mean they sell at loss cos the stock was seriously mopped up at 26 then.
There are some kind of offers that someone will just know its not real, like the Zenith ones too.

At that point, the banking index was right @ its support line. They are professionals.....

Mcy56:

Those guys are something else, it may be that they crashed it so as to enter lower
Doesnt mean they sell at loss cos the stock was seriously mopped up at 26 then.
There are some kind of offers that someone will just know its not real, like the Zenith ones too.

They are market manipulators

Bomboclad:
At that point, the banking index was right @ its support line. They are professionals.....

Tomorrow, the struggle continues. See you then.....

sellydion:
The are market manipulators

Dont mind them.
GTB closed at N28................
UCAP: Serious profit taking will take place in tomorrow's market. People collected/collecting their div on the floor already.
They'll now come back to crash the price so as to enter lower and chop dividend again.

Tha game is the game for the players . Still holding my tasere unit from the days of below 2naira for yearly dividends sha

Mcy56:

Dont mind them.
GTB closed at N28................
UCAP: Serious profit taking will take place in tomorrow's market. People collected/collecting their div on the floor already.
They'll now come back to crash the price so as to enter lower and chop dividend again.

Bomboclad:
The GUARANTY "Under N28" door has been shut, abi i talk am, some people still dey wait!

The play is called GT chess !!
...after the run out through the 27.60 window, the door was eventually shut.
So shall it be when Mr ZENITH and a few others decide to end their own game of chess.

The huge offers in certain coys is what I prefer to call a 'creative psychosomatic medium of exchange'.
The signal 'can sometimes make u dance to an exiting reggae-like song even when a mere entry serenade is been played'.
That's the 'NSE room' for u.

We'll see if the 'GTB door' will be reopened tomorrow.

735i:


The shakeout was classic!!!. Whoever executed it is a genius

Like I always tell folks;

"When the herds are 'running in or out of a place' within the market, watching ur back to COMPREHEND the reason for the run is twice as important as 'running with them', and just as important as sticking to a workable Investing STRATEGY.
...unless of course the target company was 'in the forefront of that run'."
~Sinclair

"The day u manage to strike the RIGHT BALANCE between fear and greed in line with ur Investment goal is the day u'll begin to decipher 'the many melody' that's been played in the stock market.
...to 'dance to the tune of those melodies' however, u must 1st create that balance with WISDOM and season it with PATIENCE."
~Sinclair

Bottom line: When u want to run(exit/divest) from a HEALTHY coy/asset, it should be because it ALIGNS with ur INVESTMENT STRATEGY and GOAL and NOT because u could not alienate FEAR from RISK.

Salah

onegentleguy:


The play is called GT chess !!
...after the run out through the 27.60 window, the door was eventually shut.
So shall it be when Mr ZENITH and a few others play their own game.

The huge offers in certain coys is what I prefer to call a 'creative psychosomatic medium of exchange'.
The signal 'can sometimes make u dance to a reggae-like song even when a mere serenade is been played'.
That's the 'NSE room' for u.

We'll see if the 'GTB door' will be reopened tomorrow.

We are waiting for Zenith too
GTB helped my ministry 2day...
Zenith can give me one single chance below N18...

Madam, why do you foresee serious profit-taking in UCAP? The yield is still ok for some people and I think the profit taking will come around 4.25plus

Mcy56:

Dont mind them.
GTB closed at N28................
UCAP: Serious profit taking will take place in tomorrow's market. People collected/collecting their div on the floor already.
They'll now come back to crash the price so as to enter lower and chop dividend again.

Stocks with new 52 week lows
Sterling bank #1.50k
Linkage assurance #0.43k
Champion brew #0.88k
Stocks with new 52 week highs
Aiico #0.99k
Ucap #3.54k
Afripud #5.25k

I wanted to add more units of gtb, but I mistakenly sold out half of my holding at a ridiculous price. Gush! So sad.

rebekah2011:
Madam, why do you foresee serious profit-taking in UCAP? The yield is still ok for some people and I think the profit taking will come around 4.25plus

Based on observation of today's pattern of trading sir.
23M volume was sold despite the huge bids, the volume can only increase in tomorrow's trading.
Also said that based on the recent short term plays as well as the fact that it's an individual bull, not general to the market.
Not in any way saying the price will still not go up ooo, but profit taking will be coming in between........I may be wrong too.

onegentleguy:


The play is called GT chess !!
...after the run out through the 27.60 window, the door was eventually shut.
So shall it be when Mr ZENITH and a few others decide to end their own game of chess.

The huge offers in certain coys is what I prefer to call a 'creative psychosomatic medium of exchange'.
The signal 'can sometimes make u dance to an exiting reggae-like song even when a mere entry serenade is been played'.
That's the 'NSE room' for u.

We'll see if the 'GTB door' will be reopened tomorrow.

Zenith should give such chance between Friday next week or first working day of the month of March. Some of their good faithful are waiting to increase their volume for investment purpose not for jijo purpose.

Chibuking81:

Zenith should give such chance between Friday next week or first working day of the month of March. Some of their good faithful are waiting to increase their volume for investment purpose not for jijo purpose.

God punish Zenith sha.

Deaf and Dumb ZEE?

Lion123:


God punish Zenith sha.

You are right.

Mcy56:

Based on observation of today's pattern of trading sir.
23M volume was sold despite the huge bids, the volume can only increase in tomorrow's trading.
Also said that based on the recent short term plays as well as the fact that it's an individual bull, not general to the market.
Not in any way saying the price will still not go up ooo, but profit taking will be coming in between........I may be wrong too.

nna777:


e suppose don reach 11by now. na 10 10% pipo dey cause the delay.

Agba that has sold his UACN since.
Nothing beats JiJO if you are CONVERSANT with the RYTHM.

Meanwhile some of us are waiting to reenter @circa N8 to make the 3rd trip.

It is part of the process, your level of anxiety must have been very high to misplace order.
Deal with it else it may happen again.

thebargainhunte:
I wanted to add more units of gtb, but I mistakenly sold out half of my holding at a ridiculous price. Gush! So sad.