locodemy:


Be careful so you don't join market men and women in the streets to do this business.

Some gurus have started staying on the sidelines including our onifa.

Be careful in your tradings

We didn't join market men and women in the street to do the business in 2007/2008 let alone now.

Meanwhile today UACN shakeout WEAK HANDS like I predicted in one WhatsApp group that their admin abhors the truth.

I said "it will swiftly move from N7 to N9 and consolidate at N8.50 junction before we resume the journey to ELDORADO"

BARGAIN HUNTERS TAKE NOTE

rebekah2011:
NO PUBLIC HOLIDAY TOMORROW.

Democracy Day.

Mcy56:

Democracy Day.

Democracy Day is now June. 12.
LOCO missfired

locodemy:
While the pullback is ongoing,loco has sold all fidson and wapco sitting on only cash.
Seems tomorrow is another public holiday.

Wapco has not rewarded its faithfuls as such despite the good numbers.
Don't know why it's reluctant to move with others....but I blvd its time is coming with the huge bids and cross deals taking place lately.

PETERiCHY:
Democracy Day is now June. 12.
LOCO missfired

You mean nationwide?
Thanks for this.

Mcy56:

Democracy Day.

Bubu changed democracy day to June 12 last year in honour of late Chief MKO Abiola

Mcy56:

Wapco has not rewarded its faithfuls as such despite the good numbers.
Don't know why it's reluctant to move with others....but I blvd its time is coming with the huge bids and cross deals taking place lately.

It seems one seller is slowing down the stock just like what happened in zenith last time.

I am still monitoring the stock.i will like to play it again on a first gap up.

stcool:




Truth is I had my own reservation on investing because even though I knew FED was huge with QE my fear was coming from Naira devaluation and Crude drop. I felt this could have a major effect on Q2 for stocks in NSE.

So even when Oracle asked me to buy, I decided to wait. So far so good...let's see what happens from here, I hope fidelity can drop a little.

Not everybody has the capacity to accept that they are wrong.
Personally I don't see it as a sign of weakness.

Weldone.

In the stock market, the greatest sin that can't be forgiven is not that of a wrong entry or exit point, but the sin of squeezing yourself into ILLIQUIDITY!

When the disjointly staggered clusters of bids suddenly run dry for weeks on end, you understand the very deep pains of a frail old man that paid the handsome bride price for a virgin....

feedthenation:
Bubu changed democracy day to June 12 last year in honour of late Chief MKO Abiola

Thanks.

When market starts misbehaving, Mcy56 will only be reporting Total bids and Total offers.
Your 10m units of Wapic on offer will be viewed as HEAVY OFFER, Bidders will hurriedly cancel their bids, even though Mcy56 herself will be in a position to forgo her breakfast and clear it.

I watched this scenario severally in AIICO before, common 5m offers at 75Kobo were seen as HUGE OFFERS. No one bothered to check the price. Buyers just equate DANGCEM with AIICO in their brains and you are OYO..

This is what illiquid stocks do to people who take things for granted during Burundi bulls...

Mcy56:
Arduino Jaiz dey vex o.
Delivered over 85% from year low already.
Na wa o.
Think it's still better to wait for pullback.

The assurance is that Jaiz does this cycle repeatedly every year. So we will wait for pullbacks.

Prof, I like THIS YOUR QUOTE. Well done.

DeRuggedProf:
In the stock market, the greatest sin that can't be forgiven is not that of a wrong entry or exit point, but the sin of squeezing yourself into ILLIQUIDITY!

When the disjointly staggered clusters of bids suddenly run dry for weeks on end, you understand the very deep pains of a frail old man that paid the handsome bride price for a virgin....

You mean May / June 2017. There was short bull in May / June 2016 due to an expectation of devaluation that failed to take effect. After devaluation in early 2017, we witnessed the real bull in May / June 2017 which climaxed in January 2018.

PETERiCHY:


We are about to WITNESS a REPLICA of what happened in MAY/ JUNE 2016. The recent NAIRA DEVALUATION will REPRICE the MARKET.

Save this POST.

BARGAIN HUNTERS TAKE NOTE!

Please have Dangote sugar declared dividend?

safepaulooo:
You mean May / June 2017. There was short bull in May / June 2016 due to an expectation of devaluation that failed to take effect. After devaluation in early 2017, we witnessed the real bull in May / June 2017 which climaxed in January 2018.

You are right MAY/JUNE 2017
Thanks for the correction

S007:


Not everybody has the capacity to accept that they are wrong.
Personally I don't see it as a sign of weakness.

Weldone.

That's what real men do

DeRuggedProf:
In the stock market, the greatest sin that can't be forgiven is not that of a wrong entry or exit point, but the sin of squeezing yourself into ILLIQUIDITY!

When the disjointly staggered clusters of bids suddenly run dry for weeks on end, you understand the very deep pains of a frail old man that paid the handsome bride price for a virgin....

Is like you want to take over from peter with all the meme o.....
Se this your babe na virgin ?

Who can give me a loan of 200 USD/EUR approx.
N80000 or a Job that will earn me the equivalent in two months..?

Location: FESTAC, LAGOS

I need this!

DeRuggedProf:
In the stock market, the greatest sin that can't be forgiven is not that of a wrong entry or exit point, but the sin of squeezing yourself into ILLIQUIDITY!

When the disjointly staggered clusters of bids suddenly run dry for weeks on end, you understand the very deep pains of a frail old man that paid the handsome bride price for a virgin....

See as the okada boy dey look matured kill, na so some stocks dey do me but with the kaya wey dey okada man hand, i no know where she dey go drop am.

locodemy:


Be careful so you don't join market men and women in the streets to do this business.

Some gurus have started staying on the sidelines including our onifa.

Be careful in your tradings

Sidelines? I no dey do JIJO o.

Market that has not even started moving. We are yet to hit January 2020 high.

June should be bullish like April and May.

OBAGADAFFI:
NEIMETH --%51.71
MAY&BAKER ---%47.33

GSK - %101.76

NBrew 93%.

Slow and steady

This stock is drinking mixcogbuo and driving.

onegentleguy:




Bro, but NEIMETH has already returned near 150% gain from the time I called it out here.(see past posts above)
...at the time, coy was trading for 38k. MAY&BAKER has also returned near same growth.

On NEIMETH, also see link below;
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/5029#84233673
It sure does have a little room for more rise in price.

Selah.

Hmmm....

Wicked gain!

ebuka1997:


Lol noted, on the chart I’m seeing it’s facing resistance at that 120. I’m holding tho. Would be watching thanks.

It should break it tomorrow and trade higher.

Most stocks seems to have decline today so that they will finish May 2020 in grand style. Fullest bid!

Many stocks could do fullest bid tomorrow to welcome June. I may be wrong

How much is Regency Insurance dey pay as dividend, as they don release their result so?

Mcy56:

Market taking some break....
No panic selling...
Low volumes across board......
Pullback ongoing in quite some stocks....

This looks like a 1day pullback to me.

Let's see how tomorrow trades.

ukay2:



Oga Rabidoracle. .....Thanks.


We are making money this year ooo

Green Everywhere for those that bought at March 2020.. .....

Those that bought in March are relaxed. The JIJO team, FPI are helping move the stock up. Wetin concern me.

Tomorrow

onegentleguy:


It's Ok my dear. ...a good wine they say, needs no bush !!
Some of us already knew these things and positioned at less N4.7 after running some analysis back then.

Any shrewd investor should know that UACN needs to have a place(a lot) in their portfolios. ...it's a must for anyone looking to win on capital growth.
Some folks looked at their financial prints, but couldn't relate the positives therein to the immense benefits from the planned unbundling following the divestures.
...even after I did some eye opening analysis here. I have decided to reserve one more for later.
Some persons don't even know that buying UACN @ the current mkt price of N9 is tatamount to paying near 80%X less for an asset that u already have a buyer for at X Naira.
...it's just like going to buy an asset for N10, when u already have a buyer for near N18 !!

I have stopped talking UACN...
We will see how things play themselves out in due course !!

Thank you sir for opening my eyes to black gold. Coming back to thank you further

Uchetoba:
Some Ogas right from the days of SMN admonished us to always buy things that if they don't poo they will vomit. But UACN right now is one outstanding stock that within the next 4 months, will poo, Vomit, pea 2 times and mess 2 times.

Where to poo = capital appreciation
Vomit = dividend from UACN
Pea 2x = the unbundling of UPDC & UPDCREIT
Mess 2x = Final dividend and interim dividend from UPDCREIT.
All these to happen in 4 months.
Be wise don't be left out.

Thanks for the analysis.

RabbiDoracle:


Those that bought in March are relaxed. The JIJO team, FPI are helping move the stock up. Wetin concern me.

I saw 81m single bid for Gtb today. I had to clean my eyes several times to make sure I dey see clear. FPI them get wicked money.

RabbiDoracle:


Those that bought in March are relaxed. The JIJO team, FPI are helping move the stock up. Wetin concern me.

Oga RabbiDoracle and OGG please me through light on Mobil