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Nigerian Stock Exchange Market Pick Alerts - Investment (5816) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by gloriousdawn: 11:42pm On Jun 24, 2020
DexterousOne:

Owww


Na short seller you be sef


Lmao

You only jijo in a stock moving down with determination.
Re: Nigerian Stock Exchange Market Pick Alerts by Monday696: 4:57am On Jun 25, 2020
Couldyouplsshare the numberwithme? Thanksin anticipation
anjilgreat:


okay, no problem. I wanted to give you the number they called a friend with this morning.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 6:22am On Jun 25, 2020
locodemy:


But full bid is full bid nah.
20kobo or no 20kobo,the truth is the guy gonna make cash for a new entry possibly your waiting junction(20kobo)

Just allow him to enjoy his 10-30% ride with peace.
Yes Full bid today and full offer at the end of next day market, jijo always trade with caution. Many are willing to enter the vehicle at 20 kobo, because it is the lowest low, that's why you see millions of bid, but when the goal post move to 23 kobo that means the gang of 20 kobo might not move further because today lower price of it will be at 21 kobo with yesterday closing price of 23 kobo, unless another 20 kobo opportunity show up today, if it closes at 22/21 kobo, then by tomorrow 20 kobo millions bidder gang will surface, its mainly for jijo, since jijo has become the part of the game.
There was a pull back in their 2019 result compared with their 2018 and their q1 result has not yet come out. So one need to follow them with caution to avoid trapping down in the midst of June/July bonanza period, with many juices opportunities in the sound fundamental stocks.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 6:53am On Jun 25, 2020
Chibuking81:

Yes Full bid today and full offer at the end of next day market, jijo always trade with caution. Many are willing to enter the vehicle at 20 kobo, because it is the lowest low, that's why you see millions of bid, but when the goal post move to 23 kobo that means the gang of 20 kobo might not move further because today lower price of it will be at 21 kobo with yesterday closing price of 23 kobo, unless another 20 kobo opportunity show up today, if it closes at 22/21 kobo, then by tomorrow 20 kobo millions bidder gang will surface, its mainly for jijo, since jijo has become the part of the game.
There was a pull back in their 2019 result compared with their 2018 and their q1 result has not yet come out. So one need to follow them with caution to avoid trapping down in the midst of June/July bonanza period, with many juices opportunities in the sound fundamental stocks.

Honestly you have spare time.. despite several warnings ⚠️ here some people still have appetite for 20 kobo penny stocks, do it at your own risk.. don't come here expecting people to confirm your investment decision..

If it works for you, good luck and enjoy your loot. If it goes the other way, well that na school fees.

The question is, those penny stocks.. what are the numbers saying. When was the last time they released their full year report? Any profits/losses? If yes, why? Transaction history, volume, dividends declaration etc.

Well, it is your money not mine so do as you wish..

Invest wisely grin grin grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Monday696: 8:19am On Jun 25, 2020
You might as well pity those buying FUGAZ since you grin grin grin
megamart247:


Also pity those buying wapco and japaul with hope of rising.they are both falling knives
Re: Nigerian Stock Exchange Market Pick Alerts by ephraimsobe: 8:48am On Jun 25, 2020
Good morning everyone. Please apart from MBA forex investment that offers 15% return, is there any other one with higher return and has physical offices like MBA forex?
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 9:01am On Jun 25, 2020
ephraimsobe:
Good morning everyone. Please apart from MBA forex investment that offers 15% return, is there any other one with higher return and has physical offices like MBA forex?


Bet naija.
Sure odd sweet pass 15% return.
grin grin grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by anjilgreat(f): 9:09am On Jun 25, 2020
Monday696:
Couldyouplsshare the numberwithme? Thanksin anticipation

08037796610

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 9:19am On Jun 25, 2020
thebargainhunte:



Bet naija.
Sure odd sweet pass 15% return.
grin grin grin
It may end in premium tears.....

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 9:20am On Jun 25, 2020
plenty new monikers ! !
welcome people !

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Fazobeth: 9:26am On Jun 25, 2020
Please I need a working contact number of GTL registrars. I am yet to receive my JB dividend after they informed me that the e-mandated form submitted to them has been mandated since 2 weeks ago. I tried calling them using the numbers on their website but no luck. I also send several mails, no reply. Thanks.
Re: Nigerian Stock Exchange Market Pick Alerts by daddymgg: 9:27am On Jun 25, 2020
how True and is it per annum?


ephraimsobe:
Good morning everyone. Please apart from MBA forex investment that offers 15% return, is there any other one with higher return and has physical offices like MBA forex?
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:39am On Jun 25, 2020
locodemy:


Don't tempt me.
I have substantial units of fcmb which I can convert to money at any time without delay.

Can't you see the price movement or the charts?
7% at least they have tried for you. You still need addition at these period? Some time it work, and some times it doesn't work. If you take a close look at market, you will notice that most investors are cautiously watching. Waiting for the appointed time, that's why you will see a huge amount of bid in one company at far lower price, and once the stock move up a little and change a lower price goal post to upper level, the next day the bidders will disappear and channel their waiting mode in another stock. Then biggest offer will appeared in that former stock to lower the price again.
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 9:44am On Jun 25, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:51am On Jun 25, 2020
Fazobeth:
Please I need a working contact number of GTL registrars. I am yet to receive my JB dividend after they informed me that the e-mandated form submitted to them has been mandated since 2 weeks ago. I tried calling them using the numbers on their website but no luck. I also send several mails, no reply. Thanks.
That's why am angry with some people who buy JB at #27, whose name are yet to enter JB book of register/shareholders. Like AIICO too, when you know that you can always get a better offer after the reggae. OK now at #18 even #17, the unit you will get will be more than that of bonus and dividend put together, and then with the current situation of covid 19 era, one knows that it will happen. Even those that entered Caverton at #2.60/#2.90 waiting for dividend of 20 kobo, where the stock has giving the Waiter from back door, #1 dividend #2.90 - #1.90 = #1

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 9:58am On Jun 25, 2020
Chibuking81:

That's why am angry with some people who buy JB at #27, whose name are yet to enter JB book of register/shareholders. Like AIICO too, when you know that you can always get a better offer after the reggae. OK now at #18 even #17
You are making sense, Stock market investment demands some level of research but what i often seen is herd movement.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:08am On Jun 25, 2020
https://markets.businessinsider.com/index/dow_jones

https://oilprice.com

Those who want to enter market can watch their back, to avoid enter and better opportunity start releasing itself from next week. From look of things crude oil seems to have build support at $42 dollars, and have high tendency of moving back. Currently at red territory of $40 and Dow premarket is not look good.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:22am On Jun 25, 2020
Chibuking81:

That's why am angry with some people who buy JB at #27, whose name are yet to enter JB book of register/shareholders. Like AIICO too, when you know that you can always get a better offer after the reggae. OK now at #18 even #17, the unit you will get will be more than that of bonus and dividend put together, and then with the current situation of covid 19 era, one knows that it will happen. Even those that entered Caverton at #2.60/#2.90 waiting for dividend of 20 kobo, where the stock has giving the Waiter from back door, #1 dividend #2.90 - #1.90 = #1

I don't think this is necessary.

If he want to collect dividend irrespective of price fluctuation, let him have it.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:24am On Jun 25, 2020
Fazobeth:
Please I need a working contact number of GTL registrars. I am yet to receive my JB dividend after they informed me that the e-mandated form submitted to them has been mandated since 2 weeks ago. I tried calling them using the numbers on their website but no luck. I also send several mails, no reply. Thanks.

234-(0)1-01-2793160
234-(0)1-01-2793161
234-(0)1-01-2793162

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Fazobeth: 10:32am On Jun 25, 2020
Chibuking81:

That's why am angry with some people who buy JB at #27, whose name are yet to enter JB book of register/shareholders. Like AIICO too, when you know that you can always get a better offer after the reggae. OK now at #18 even #17, the unit you will get will be more than that of bonus and dividend put together, and then with the current situation of covid 19 era, one knows that it will happen. Even those that entered Caverton at #2.60/#2.90 waiting for dividend of 20 kobo, where the stock has giving the Waiter from back door, #1 dividend #2.90 - #1.90 = #1

I bought at 22.5
Re: Nigerian Stock Exchange Market Pick Alerts by Fazobeth: 10:33am On Jun 25, 2020
OBAGADAFFI:


234-(0)1-01-2793160
234-(0)1-01-2793161
234-(0)1-01-2793162

Many thanks.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:34am On Jun 25, 2020
Fazobeth:


I bought at 22.5
That's nice
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:36am On Jun 25, 2020
Fazobeth:


Many thanks.

Welcome
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:46am On Jun 25, 2020
Chibuking81:

Yes Full bid today and full offer at the end of next day market, jijo always trade with caution. Many are willing to enter the vehicle at 20 kobo, because it is the lowest low, that's why you see millions of bid, but when the goal post move to 23 kobo that means the gang of 20 kobo might not move further because today lower price of it will be at 21 kobo with yesterday closing price of 23 kobo, unless another 20 kobo opportunity show up today, if it closes at 22/21 kobo, then by tomorrow 20 kobo millions bidder gang will surface, its mainly for jijo, since jijo has become the part of the game.
There was a pull back in their 2019 result compared with their 2018 and their q1 result has not yet come out. So one need to follow them with caution to avoid trapping down in the midst of June/July bonanza period, with many juices opportunities in the sound fundamental stocks.

Cham PLC, 20 kobo gang has disappear waiting for another day. And if they closes at 24 kobo today, 21 kobo gang will also disappear, unless the close at 21 kobo / 22kobo then 20kobo gang will reappear again.
One of their director set the standard on March this year by selling 45 million unit worth of shares between 20kobo to 24 kobo, http://www.nse.com.ng/Financial_NewsDocs/29284_CHAMS_PLC_CORPORATE_ACTIONS_MARCH_2020.pdf which seems to be the direction for now from 20 kobo to 24 kobo back to 20 kobo again, perfectly good for jijo till their q1 and q2 comes out, on or before July ending.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 11:23am On Jun 25, 2020
Out of Transcorp with about 300k haircut lipsrsealed embarassed
Better bargains in the market.

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by S007: 11:24am On Jun 25, 2020
S007:
Neimeth offer has suddenly disappeared within a twinkle of an eye. Full offer suddenly appears.

The bubble don burst? Let's wait and see cool

Neimeth start its abracadabra again. Now full bid and no offers.
Dangerous game part 2 loading?. smiley

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by kintus(m): 11:38am On Jun 25, 2020
S007:


Neimeth start its abracadabra again. Now full bid and no offers.
Dangerous game part 2 loading?. smiley

Watching to see the direction of the market.

I hope it doesn't make a U-turn anytime soon!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:46am On Jun 25, 2020
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.

Selah

S007:


Neimeth start its abracadabra again. Now full bid and no offers.
Dangerous game part 2 loading?. smiley


It normal after Over sold.

NEIMETH is no longer going below N1
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 11:52am On Jun 25, 2020
OBAGADAFFI:





It normal after Over sold.

NEIMETH is no longer going below N1

You need patience...it will do 80k-N1.00
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:01pm On Jun 25, 2020
stcool:


You need patience...it will do 80k-N1.00

Oya now grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 12:08pm On Jun 25, 2020
Most oil company are losing almost 10% at full offer, Brent crude is crude bleeding at $39.98
Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 12:22pm On Jun 25, 2020
Chibuking81:
Most oil company are losing almost 10% at full offer, Brent crude is crude bleeding at $39.98
Why are you bothered with daily fluctuations in Brent while losing sight of the general market direction . The world is in recovery,financial markets will keep getting better.

3 Likes

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