abuhusna1:
Very painful I didn't buy again @ 8.9as I was planning to buy addition 100K units at 8.5 to dilute the high cost of 10.37 I bought my first one. I for just sell am now. Stock market and had I know

Wiseoldman:
Please, which good coy can we still key into for this dividend season.

Mcy56:

There's strong support at N18 now.....

Mcy56:

That's market for you.
You may look for other stocks to put the fund cos conductor already locked wapco door for today.

ebuka1997:
Isn’t fcmb touching 1.60? I placed a limit order to buy at that price I don’t know why it’s not been filled yet by my broker. I used Afrinvest self trading app.

lancee:
With not much offers ..Make Uba move up small to give room for fbnh to reach 5
Watching

Mcy56:

Someone just did 61M block crossing of GTB at N18.......
Interesting time ahead? We are observing...

Yuzxy:
Please, I bought zenith at 19.50
I'm thinking of selling it now at35% loss and rebuying when it tanks again. Do you think it's financially wise?

onegentleguy:


This is about the news to have come out of this gov't in a long while.
...great move I must say.

This(together with the recent Naira devaluation or currency adjustment as the CBN prefers to call it) should help spur the much needed interest on the part of FDIs and FPIs.
...the later group(FPIs) will likely begin to realign their interest in the equities market. Especially when u consider that most assets are now ridiculously underpriced.

Contrarily though, its a negative for coys in the oil & gas space, as the absence of 'free money'(subsidy) bites into earnings. I expect to see a little more strain with contracting margins going forward.
I have since said that coys in the oil & gas sector should be avoided.
Except for MOBIL/11 PLC(where there's an expected MTO @ premium to market), other coys should be avoided.
particularly TOTAL and OANDO. ...the latter remains a value trap for us.

SELL !!

DISCLAIMER: NOT to be infered as any sought of recommendation. ...the need for due diligence should still take higher precedence ahead of this post.

My advise: Pls follow ur instinct.

onegentleguy:


U see that 61M cross deal of GTB...

These 'guyz' are full of mystery.
Some folks will be left behind.

It is well.

lancee:
Eru ..Loaded

emmanuelewumi:



You are the only person who can answer that question for yourself self.

If you can't identify what you need to buy, it will be better if you

Keep your money in the bank or you buy money market funds.

stcool:
I would advise any one yet to enter the market to keep their money.
Hold Cash if you did not buy when market when down.

After result and dividend payment, the market will go down seriously... Q1 and Q2 2020 results will not be nice and NSE will go down to record lows.

Next earning season is March 2021...a lot can happen.

Don't come with had I known. Retain CASH!

Mcy56:

The crossings created panic but they'll move the price once they're done.......moneybags at work.

seyisanya:

While some are still waiting to buy at N5, like say nah dem use scissors commission the bank headquarters...lol

Wiseoldman:


I was actually talking about companies yet to declare dividend, i.e. I still qualify for this year's dividend.

Merci.

Mcy56:
Fidelity : full bid...

Mcy56:
Fidelity : full bid...
FCMB: 1.64.... full bid too? We'll know by 14.30.

emmanuelewumi:



You cant blame them, because anything is possible.

At N5.00, that means they valued the whole of Zenith bank at about N150 billion.

Meanwhile Zenith bank made a profit after tax of over N200 billion in 2019, moved over N110 billion to the reserves and has over N600 billion as retained earnings.

Perculiar:
dear Mcy56, please check your mail biko oooo.
please what do you mean by full bid

locodemy:

What of 14th April?

PETERiCHY:


Sterling bank on full bid too at N1.22

leo1234:


But chief,
It is not logical.
How can a company that made profit of 200 billion sell for 150 million.
Even those waiting for WAPCO at 6 naira are happily buying above 10 naira with celebration.
Anyways, I wish those waiting at 5 naira junction good luck.