locodemy:


But I notified him about his uncle that went to ogoni-Rivers state to do him strong thing.

Wrong timing.

Is there ever a wrong time to learn by personal experience? he will have time to average down.

RabbiDoracle:




Wrong timing.

dipoolowoo:


Resurgence of Coronavirus Cases to Affect Oil This Week
https://businesspost.ng/economy/resurgence-of-coronavirus-cases-to-affect-oil-this-week/

Brent will rebound and after that the news will be that OPEC meeting for extension of cut was favourable and there is a vaccine

People need to stay ahead of foreign media.

rebekah2011:
Is there ever a wrong time to learn by personal experience? he will have time to average down.

I doubt he will want to average down. He will be looking for way to leave Neimeth bus.

Mcy56:

Posted on June 11.
Full offer now.
Sometimes, some people don't know when to walk away due to greed.

I handed over my kaya to someone else today @N2.57....

Make the stock fall drink palmy small before continuing the journey. By then, i will enter the bus again...

@rabbidoracle

I do hope that you are taking notes and learning fast.

Since ZENITH touched 18.08 it hasn't made a new high on the weekly abi?

Na rabbi you been suppose be o! For my side and regarding technical analysis you be better student.

I just say may I greet you sir.

Coolcash1:


I handed over my kaya to someone else today @N2.57....

Make the stock fall drink palmy small before continuing the journey. By then, i will enter the bus again...

I expect it to fall to a point and later it will start its ascent again.

I think the second rise will be a violent one. This together with all stocks should do it while singing " Soli... Soli....Soli....Solidarity for ever!"

We go hammer well well well this year.

meshpips:
@rabbidoracle

I do hope that you are taking notes and learning fast.

Since ZENITH touched 18.08 it hasn't made a new high on the weekly abi?

Na rabbi you been suppose be o! For my side and regarding technical analysis you be better student.

I just say may I greet you sir.

Ok sir

Good you have acknowledged that the fall has started and you have reiterated it with this your post.

RabbiDoracle:


I expect it to fall to a point and later it will start its ascent again.

I think the second rise will be a violent one. This together with all stocks should do it while singing " Soli... Soli....Soli....Solidarity for ever!"

We go hammer well well well this year.

I don't see NEIMETH reversing to below N1 anymore

Let's lick small honey, for now, I might join NEIMETH second wave.

ositadima1:


I filled, scanned and submitted the e-mandate form through mail to there customer care. (info@unitedsecuritieslimited.com)

And I got this reply, almost one month ago.

"Dear Sir,

We thank you for your mail and acknowledge receipt of your e-dividend mandate form.

Kindly be informed that the form will be subjected to verification before uploading on NIBSS portal for your Bank confirmation.

Please expect our response soon.

Thank you."


I dont know what to make of it sha, tomorrow will confirm whether everything went well.

Don't forget to thick the other stocks in the form, you may decide to own them later. I actually bought small amounts of all the listed stocks to make it more official.

Thank you for your response .
I’ll check again tomorrow for an update from you.

locodemy:


You mean all these 10% repeatedly has been passing you?

What's the name of your uncle?

sir Loco I don't usually do 10% things...I have my target on FBNH based on infos I have ...thanks

You guys (Meshpip/RDoracle) started this debate about a month ago (April 24); then i noted that both of you are right (see below).

There would be a final rise in stocks before the fall that memship is expecting (though not to the lows he has been forecasting). So though he is right that there is a major fall coming, there would be a quick rise in the coming days....which makes RDoracle right as well.

Well.....let me hope I am right, as I go incognito for a few months. Like my good friend OGG would say.....Selah!

Bomboclad:
Both of you are right....

I literally mean it though. I would provide an explanation at a later date, for now, lets swing with the market.

RabbiDoracle:


Ok sir

Good you have acknowledged that the fall has started and you have reiterated it with this your post.

BullBearMkt:

Thanks @Marketapprentic for the kind words. We are only contributing the little we have to better the "community".
More indepth analysis to come.
Cheers.

Welcome back sir.

The gang is almost fully back.

RabbiDoracle:




I remembered that guy when I saw Neimeth.

I really wonder how people buy stocks.

He/she was warned though. I remember we all warned him/her repeatedly.

Bomboclad:
You guys (Meshpip/RDoracle) started this debate about a month ago (April 24); then i noted that both of you are right (see below).

There would be a final rise in stocks before the fall that memship is expecting (though not to the lows he has been forecasting). So though he is right that there is a major fall coming, there would be a quick rise in the coming days....which makes RDoracle right as well.

Well.....let me hope I am right, as I go incognito for a few months. Like my good friend OGG would say.....Selah!

I think the rise may not be a steep one, it will probably take several months to play out like it did in 2017 to 2018. Zeniths (and the other banks) dividend yield is too awesome for a very stable and solid business. I see people keying in to d point of reducing the dividend yield to a single digit with time. I for sure know at current yield rate it is a good buy, it beats all the so called "safe" investments hands down.

It's purely normal for NEIMETH to witness a pullback in price.
Frankly, am surprised that someone would want to align with a coy that has already delivered over 575% in actual/real return.
U can not but wonder why they didn't key in when we gave a BUY call here(backed with explicit analysis) @ 38k.
If u couldn't buy then, why now?

The situation can be likened to a man who got an offer alert at 60% discount for a tea drink, holix, from the management of a grocery store where he usually buys provision for his family.
The product which hitherto sold for N1,000 was given out on promotion for just N400, with offer subject to stock availability.
Having doubts, he quickly rushed down to the store to authenticate the notice and verify the genuineness of the product.
But after given it a pass, he still didn't buy but stood there watching other buyers stockpile until it was out of stock... even when he had the fund to buy as many as 10 holix drink.
His reason? The wife is usually the one who determines when is the RIGHT TIME to buy the tea drink.

Well, he eventually got home and on that evening Madam demanded for N3,900 been proceed for 3 holix she bought from Spar @ N1,300 each. ...that was the very same holix he could've bought for N400 each.
Oga simply had to refund the money to Madam !!

Symbolic meaning;
The store which offered the promo was a platform of opportunity(in this case, NSEMPA)
The product, holix represents NEIMETH.

Moral: Once the thing about due diligence is established and authenticated, there's need to ALWAYS act in TIME !!
Like I always tell folks;
"In finding the right equilibrium between RISK and REWARD(MoS peg with risk-return in view), the PRICE u pay for an asset is EVERYTHING !!"
Remember: Price is what u pay... but VALUE is what u get !!

Those who keyed in early enough and also exited their holding on time understood the importance of the 2 NUGGETs below;

"A period of BULL in the stock market is like an 'unnecessary party', and a BEAR phase like a 'trade-fair'.
The latter is usually when the manufacturer's of great assets auction a few at sumptuous discounts. ...while the former is that time when some 'expired goods' are sold.
A shrewd investor visits both markets, but knows WHEN and WHAT to buy or sell."
~Sinclair

"When the stock market request for 'a drink' from u, give to it but ONLY if its a sound but cheap one.
...and when it offers u 'a drink', take a sip, then drink a bit more but try NOT to get intoxicated.
It's a great way to benefit more from 'him' over TIME."
~Sinclair

GonFreecss1:


Welcome back sir.

The gang is almost fully back.

...good sign for the market. Tx.

RabbiDoracle:




I remembered that guy when I saw Neimeth.

I really wonder how people buy stocks.

You don't believe in village Melody?
That band strong oo.
When they don't get you elsewhere, they apply to NSE...
How the guy dey take travel now...
First class travel no be after plane land
and you go siddon there ooo..

onegentleguy:
It's purely normal for NEIMETH to witness a pullback in price.
Frankly, am surprised that someone would want to align with a coy that has already delivered over 575% in actual return.
U can not but wonder why they didn't key in when we gave a BUY call here(backed with explicit analysis) @ 38k.
If u couldn't buy then, why now?

GonFreecss1:


He/she was warned though. I remember we all warned him/her repeatedly.

This is why TA knowledge is important.

Buying a stock at 575% bullish run is dangerous, and it can reverse at any point.

onegentleguy:
It's purely normal for NEIMETH to witness a pullback in price.
Frankly, am surprised that someone would want to align with a coy that has already delivered over 575% in actual return.
U can not but wonder why they didn't key in when we gave a BUY call here(backed with explicit analysis) @ 38k.
If u couldn't buy then, why now?

The situation can be likened to a man who got an offer alert at 60% discount for a tea drink, holix, from the management of a grocery store where he usually buys provision for his family.
The product which hitherto sold for N1,000 was given out on promotion for just N400, with offer subject to stock availability.
Having doubts, he quickly rushed down to the store to authenticate the notice and verify the genuineness of the product.
But after given it a pass, he still didn't buy but stood there watching other buyers stockpile until it was out of stock ... even when he had the fund to buy as many as 10 holix drink.
His reason? The wife is usually the one who determines when is the RIGHT TIME to buy the tea drink.

Well, he eventually got home and on that evening Madam demanded for N3,900 been proceed for 3 holix she bought from Spar @ N1,300 each. ...that was the very same holix he could've bought for N400 each.
Oga simply had to refund the money to Madam !!

Symbolic meaning;
The store which offered the promo was a platform of opportunity(in this case, NSEMPA)
The product, holix represents NEIMETH.

Moral: Once the thing about due diligence is established and authenticated, there's need to ALWAYS act in TIME !!
Like I always tell folks;
"In finding the right equilibrium between RISK and REWARD(MoS peg with risk-return in view), the PRICE u pay for an asset is EVERYTHING !!"
Remember: Price is what u pay... but VALUE is what u get !!

Those who keyed in early enough and also exited their holding on time understood the importance of the 2 NUGGETs below;

"A period of BULL in the stock market is like an 'unnecessary party', and a BEAR phase like a 'trade-fair'.
The latter is usually when the manufacturer's of great assets auction a few at sumptuous discounts. ...while the former is that time when some 'expired goods' are sold.
A shrewd investor visits both markets, but knows WHEN to buy/sell."
~Sinclair

"When the stock market request for 'a drink' from u, give to it but ONLY if its a sound but cheap one.
...and when it offers u 'a drink', take a sip, then drink a bit more but try NOT to get intoxicated.
It's a great way to benefit more from 'him' over TIME."
~Sinclair

And more to why NEIMETH needed to reprise a little downwards is because the combination of surrounding risk and current mkt price now leaves less room for reward in view of valuation.(MoS peg in view)
Today's closing price of N2.32 is a near 27% premium from my FVE of N1.70(using a mix of appropriate valuation model and assuming zero risk)

So fundamentally, PRICE has run ahead of REWARD and needs to come down.

On TA;
RSI had since moved above the overbought line(peg @ 70)
My check also confirmed that the 9-day EMA also moved above the mean line suggesting the possibility of a pullback.
However, MACD still supports an overall bullish posture post correction. ...so price may not drop so low. Am thinking of a drop to a range btw 1.40-1.71 before another short rise.
Other TA Ogas might wish to add to this.

Congratulations to all those who made some returns from playing the stock !!

Selah

@rebekah2011 thanks for your response on my question on Japaul.....and sorry for the Spambot ban on same.

onegentleguy:


And more to why NEIMETH needed to reprise a little downwards is because the combination of surrounding risk and current mkt price now leaves less room for reward in view of valuation.(MoS peg in view)
Today's closing price of N2.32 is a near 27% premium from my FVE of N1.70(using a mix of appropriate valuation model and assuming zero risk)

So fundamentally, PRICE has run ahead of REWARD and needs to come down.

On TA;
RSI had since moved above the overbought line(peg @ 70)
My check also confirmed that the 9-day EMA also moved above the mean line suggesting the possibility of a pullback.
However, MACD still supports an overall bullish posture post correction. ...so price may not drop so low. Am thinking of a drop to a range btw 1.40-1.71 before another short rise.
Other TA Ogas might wish to add to this.

Congratulations to all those who made some returns from playing the stock !!

Selah

"The "race" between the stock market and its players often involve 3 categories of participants;
Those who MOVE BEFORE IT, those who RUN WITH IT and those who MOVE AFTER IT. ...of the 3, the last group are usually the ones that "tire out" quickly and suffer the most pain."
~Sinclair

onegentleguy:


And more to why NEIMETH needed to reprise a little downwards is because the combination of surrounding risk and current mkt price now leaves less room for reward in view of valuation.(MoS peg in view)
Today's closing price of N2.32 is a near 27% premium from my FVE of N1.70(using a mix of appropriate valuation model and assuming zero risk)

So fundamentally, PRICE has run ahead of REWARD and needs to come down.

On TA;
RSI had since moved above the overbought line(peg @ 70)
My check also confirmed that the 9-day EMA also moved above the mean line suggesting the possibility of a pullback.
However, MACD still supports an overall bullish posture post correction. ...so price may not drop so low. Am thinking of a drop to a range btw 1.40-1.71 before another short rise.
Other TA Ogas might wish to add to this.

Congratulations to all those who made some returns from playing the stock !!

Selah

That range is important.

PETERiCHY:
So you know all these and couldn't walk away when JAPOIL was trading between 30-33kobo

Be feeling like super star there cos you bailed out at 30-33.
Actually I wasn't on ground when market started that day, came in much later when Una don send am to full offer.
There's always another time.

On this Neimeth, I think people should just look out for opportunities elsewhere.......it will just range at certain points, then go to rest for the year......EXCEPT there's something driving the price.
No be only Neimeth waka come.
Just my opinion anyway.

BTW, oga BBM and Bomboclad, you're welcome back.

Mcy56:
On this Neimeth, I think people should just look out for opportunities elsewhere.......it will just range at certain points, then go to rest for the year......EXCEPT there's something driving the price.
No be only Neimeth waka come.
Just my opinion anyway.

BTW, oga BBM and Bomboclad, you're welcome back.

I am looking at Sterlling Bank and in fact I have started buying at N1.26 today. Let's see how it goes.

onegentleguy:
It's purely normal for NEIMETH to witness a pullback in price.
Frankly, am surprised that someone would want to align with a coy that has already delivered over 575% in actual return.
U can not but wonder why they didn't key in when we gave a BUY call here(backed with explicit analysis) @ 38k.
If u couldn't buy then, why now?

The situation can be likened to a man who got an offer alert at 60% discount for tea drink, holix, from the management of a grocery store where he usually buys provision for his family.
The tea which hitherto sold for N1,000 was given on promotion for just N400, with offer subject to stock availability.
Having doubts, he quickly rushed down to the store to authenticate the notice and verify the genuineness of the product.
But after given it a pass, he still didn't buy but stood there watching while other buyers stockpiled, until the product ran out... even when he had the fund to buy as much as 10 holix drink.
His reason? The wife is usually the one who determines when is the RIGHT TIME to buy the tea drink.

Well, he eventually got home and on that evening, Madam demanded for N3,900 been proceed for 3 holix she bought from Spar @ N1,300 each. ...that was the very same holix he could've bought for N400 each. Oga simply had to refund the money to Madam !!

Symbolic meaning;
The store which offered the promo was a platform of opportunity(in this case, NSEMPA)
The product, holix represents NEIMETH.

Moral: Once the thing about due diligence is established and authenticated, there's need to ALWAYS act in TIME !!
Like I always tell folks;
"In finding the right equilibrium between RISK and REWARD(MoS peg with risk-return in view), the PRICE u pay for an asset is EVERYTHING !!"
Remember: Price is what u pay... but VALUE is what u get !!

"A period of BULL in the stock market is like an 'unnecessary party', and a BEAR phase like a 'trade-fair'.
The latter is usually when the manufacturer's of great assets auction a few at sumptuous discounts. ...while the former is that time when some 'expired goods' are sold.
A shrewd investor visits both markets, but knows WHAT and WHEN to buy/sell."
~Sinclair

Those who keyed early enough and also exited their holding on time understood the importance of this NUGGET;

"When the stock market request for 'a drink' from u, give to it but ONLY if its a sound but cheap one.
...and when it offers u 'a drink', take a sip, then drink a bit more but try NOT to get intoxicated.
It's a great way to benefit more from 'him' over TIME."
~Sinclair

Why do you hate luggage handling business so much?

If you don't have excellent landing facilities across the ocean, why take off?

You think say na ghost dey collect Kaya for NSE?

Respect people who recognise Alhaji Aliyu Mai-Bornu, Dr Clement Isong and Dr Azikiwe to come and quarantine paper profits...

Better respect yourself ooo...

When you rush for pot bottom.....

bigjay01:
http://www.nse.com.ng/Financial_NewsDocs/30575_AIICO_INSURANCE_PLC._CORPORATE_ACTIONS_JUNE_2020.pdf

American International Insurance Conundrum.

For GUINNESS rolling out. cormercial paper series 1 and 2, pls what can likely be the consequence on their share value?

Danniee:
For GUINNESS rolling out. cormercial paper series 1 and 2, pls what can likely be the consequence on their share value?

VCV, your exam don ready....

RabbiDoracle:


Send it to veecovee so that he can use and change his shoes as he treks for his missionary work

no be leg I dey use go oo