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Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:08am On Oct 15, 2020
Eterna:
Don sell market finish but the price has gone up now, has done over 100%, risky to dive in now, except you know the forces behind the push in price.
The body language started telling since xtyday.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:31am On Oct 15, 2020
Mcy56:

1. Like someone said, it depends on your motive for buying.

2. UBA at 6.50 is not bad around this time considering the price of FBNH and Access...... except there's general market downturn later, then the price is okay.
UBA is not even expected to trade below 7 if not for the activities of the heavy seller (or maybe the cross dealer before the rally.

Just be ready to average down in case it goes a bit lower.
** Note that this is just my opinion. DD applies.
Welcome back classmate, the entire school missed you.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:47am On Oct 15, 2020
Mpeace:
Welcome back classmate, the entire school missed you.
Lol.
As Boat no wan gree come our village everyday again, Wetin we go do. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 10:59am On Oct 15, 2020
PETERiCHY:


What is the return for someone that bought Nigerian Breweries & GUINESS in Jan 2012 and sold on 13th OCTOBER 2020. ?

He should not sell o grin
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 11:02am On Oct 15, 2020
Mcy56:
Eterna:
Don sell market finish but the price has gone up now, has done over 100%, risky to dive in now, except you know the forces behind the push in price.
The body language started telling since xtyday.

Yes o, it has been going so high, wanting to break the record of neimeth, tempting to jump in but nah...I will pass. Hoping that caverton will pickup in near future
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:03am On Oct 15, 2020
PETERiCHY:


What is the return for someone that bought Nigerian Breweries & GUINESS in Jan 2012 and sold on 13th OCTOBER 2020. ?

NB ==> -48%
GUINESS ==> -93% (not -50%)

Dividends not inclusive.
D table shows the annual correlations and individual returns.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by 1kinggy(m): 11:13am On Oct 15, 2020
dhappyking:
Redstarex dividend has landed. A nice way to start the day.

Just after midnight.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:17am On Oct 15, 2020
ojeysky:
Yes o, it has been going so high, wanting to break the record of neimeth, tempting to jump in but nah...I will pass. Hoping that caverton will pickup in near future
Back to full bid again!
Na wa oh. Did over 190% already.
We don't know the news driving the share price yet.
Not a buy advice o, at least not at this stage. Na to dey find another jackpot again.
Re: Nigerian Stock Exchange Market Pick Alerts by nna777: 11:17am On Oct 15, 2020
I want to believe we have entered another consolidating period. How long? We don't know. If you're sitting on good profit, you might like to enjoy some of it. Be wary of false jump in prices (P & D). Be patient. Opportunities to buy lower will present themselves.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 11:36am On Oct 15, 2020
nna777:
I want to believe we have entered another consolidating period. How long? We don't know. If you're sitting on good profit, you might like to enjoy some of it. Be wary of false jump in prices (P & D). Be patient. Opportunities to buy lower will present themselves.

The banks are still breaking out with room before touching their resistances. Let your runners run, cut your losses - if any.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:36am On Oct 15, 2020
ositadima1:


NB ==> -48%
GUINESS ==> -93%

Dividends not inclusive.
D table shows the annual correlations and individual returns.

U needed annual divined of minimum 7.5% to have broke even. In hindsight, JIJO , short and midterm holding would have performed far better.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:02pm On Oct 15, 2020
PETERiCHY:



GUINNESS financial year end is June 30th.

So July to September stands as their 1st first quarter...

BARGAIN HUNTERS TAKE NOTE!



GUNNIESS Cross deal of 5 4m units done at N16 per share so far.

BARGAIN HUNTERS WATCH THIS SPACE cool

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 12:13pm On Oct 15, 2020
PETERiCHY:



GUNNIESS Cross deal of 5 4m units done at N16 per share so far.

BARGAIN HUNTERS WATCH THIS SPACE cool
Can it make it to kilometer N32 by December ending
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:30pm On Oct 15, 2020
arduino:

Can it make it to kilometer N32 by December ending

All things being equal it will surpass N32 by first week of January 2021.


BARGAIN HUNTERS TAKE NOTE!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:36pm On Oct 15, 2020
One hefty man is selling UBA down to 6.60.
Maybe he's increasing his stake in another banking stock, Zenith maybe.
The more he's selling, the more investors are picking. Same thing he did before the rally...... selling down to 6/6.05 then.
This activity seems to be causing standstill for FBNH at 6.15/6.20. grin
Will Fbnh jump and pass if it cannot take it again or it will continue to wait for the oga on top? grin
Let's wait and see how far it goes......

Zenith: 52M units deal already.....and still counting...

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 12:54pm On Oct 15, 2020
Mcy56:
One hefty man is selling UBA down to 6.60.
Maybe he's increasing his stake in another banking stock, Zenith maybe.
The more he's selling, the more investors are picking. Same thing he did before the rally...... selling down to 6/6.05 then.
This activity seems to be causing standstill for FBNH at 6.15/6.20. grin
Will Fbnh jump and pass if it cannot take it again or it will continue to wait for the oga on top? grin
Let's wait and see how far it goes......

Zenith: 52M units deal already.....and still counting...

What if it's a hefty woman? grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:59pm On Oct 15, 2020
jideflash:
this one wey all the shares dey knack 10% like this, even novice go predict and win. lol
Jide, Wapco didn't make new high because you didn't offer me free credit that day.
How far about today? Lol. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:00pm On Oct 15, 2020
Lion123:
What if it's a hefty woman? grin
Very possible my bros.... grin
The man or woman should just clear everything on bid table and allow people see road. It shouldn't be trading below 7 at this time.
Anyway, Mr. Market has a mind of its own.

BTW, is there no chart to describe what's happening in mkt now? Just curious.
I must learn this thing one day...... grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 1:18pm On Oct 15, 2020
Attendance marked.

E go be. smiley

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:20pm On Oct 15, 2020
Wapco done touch 18. Hmmm make e finish for 18today abeg
Re: Nigerian Stock Exchange Market Pick Alerts by mickky22: 1:34pm On Oct 15, 2020
Please, Ogas in the house any information about Afro oil?
Thank you.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:44pm On Oct 15, 2020
Hope Nsempas are not among those selling their UBA at 6.60?
Anyway, each man for himself. God for us all. Follow your mind or whatever.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:47pm On Oct 15, 2020
Wapco now 18.40. Nice movement.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:50pm On Oct 15, 2020
Mpeace:
Wapco now 18.40. Nice movement.
No 100k block yet at that price
Re: Nigerian Stock Exchange Market Pick Alerts by S007: 2:06pm On Oct 15, 2020
Mcy56:

No 100k block yet at that price

Some peepu don dey spy q3 result abi?
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:12pm On Oct 15, 2020
S007:
Some peepu don dey spy q3 result abi?
I think so.
Someone mentioned something similar here, think Tvegas
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:27pm On Oct 15, 2020
Mcy56:

No 100k block yet at that price
Na wa oh. But sha we will get there someday.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:34pm On Oct 15, 2020
Mpeace:
Na wa oh. But sha we will get there someday.
Closed 18.05 wt 70kobo up.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:37pm On Oct 15, 2020
mickky22:
Please, Ogas in the house any information about Afro oil?
It seems this stock has been long delisted in NSE. No more in existence.
If you still have it in your portfolio, contact your broker to remove it.
One of the bad markets of NSE. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by S007: 2:47pm On Oct 15, 2020
mickky22:
Please, Ogas in the house any information about Afro oil?
Thank you.

Afro oil ke! That one don do correct afro hair cut for people na.
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:50pm On Oct 15, 2020
Lol. Welcome back Mcy. With my green portfolio, more giveaways to come.
Mcy56:

Jide, Wapco didn't make new high because you didn't offer me free credit that day.
How far about today? Lol. grin
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 3:01pm On Oct 15, 2020
Mcy56:
Hope Nsempas are not among those selling their UBA at 6.60?
Anyway, each man for himself. God for us all. Follow your mind or whatever.


Sellers are foreigners.

2 Likes

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