2zona:

Busy with what abeg, mopping or dumping? Make i know what to do oo as i don jump in at 2.77 last week.

just hold and let d drama unfold

Cadillac15:


I dont invest in such one plane companies no matter the incentive.

What happens if their plane crashes or skids off the runway into the bush?

LOL....Its actually 5...........4 operational 1 grounded

https://www.planespotters.net/airline/Med-View-Airlines

NEM @ 2.47

sell or not to sell?

but then again, selling is not in our DNA

destination unknown, what a journey sha

who says it doesn't pay to hold!

ride on jare

Flourmill
- getting ready to break out ! !
- umm

fxuser:
Flourmill
- getting ready to break out ! !
- umm

Nothing is breaking out joor. All NSE products now are just crawling up and down.

fxuser:
Flourmill
- getting ready to break out ! !
- umm

breaking 34
been long in d waiting for holders here !

nascon 24.5,fidelity still dancing kokoma @ 3rabbi borrow me your mattress jare,

Krisuba:


Nothing is breaking out joor. All NSE products now are just crawling up and down.

without institutional buying power , na so e go be for a while !
Retail money cant move d whole mkt
patience

fxuser:


without institutional buying power , na so e go be for a while !
Retail money cant move d whole mkt
patience

the annoying thing is the speed with which fidelity was moving back up from 2.7.it got to 3 and started dancing again.

DOLLARTEX:
the annoying thing is the speed with which fidelity was moving back up from 2.7.it got to 3 and started dancing again.

over 40m traded
its not easy to shake out all the buyers who bought the top

DOLLARTEX:
the annoying thing is the speed with which fidelity was moving back up from 2.7.it got to 3 and started dancing again.

Those who bought at that region trying to breakeven. I think this is the whole psychology behind support and resistance.

fxuser:


breaking 34
been long in d waiting for holders here !

Yessss oooo! It will be slow and steady. Each stock has its own behavior.

bigjay01:
NEM @ 2.47

sell or not to sell?

but then again, selling is not in our DNA

destination unknown, what a journey sha

who says it doesn't pay to hold!

ride on jare

Will start selling to rebalance my portfolio. It is now constituting almost 20% of my portfolio which is unacceptable.

DangFlour
- also testing above 16.50 (been a while )
- more bids moving above N16 levels
- umm

wanaj0:


Will start selling to rebalance my portfolio. It is now constituting almost 20% of my portfolio which is unacceptable.

too much money ! no crash am ohh
lollx

wanaj0:


Will start selling to rebalance my portfolio. It is now constituting almost 20% of my portfolio which is unacceptable.

You do not like 1 stock constituting that high? Its not always a bad thing

Sorryyyyy I see FMN @ 34.5

rationalmind:


Buyers who bought at that region trying to breakeven. I think this is the whole psychology behind support and resistance.

yes boss
- late comers are filled with pain and regret when mkt pulls back from their entry level oh
- they take it very personal ohhh and just want to get out at break even even if it takes forever lol
- one of the many things one has to unlearn

ACADEMY PRESS PLC RESULTS AT A GLANCE For Third quarter ended 30-12-2017 30-12-2016 % N'000 N'000 Increase/Decrease Revenue 1,582,641 1,388,693 14 Profit/Loss before taxation (121,984) (283,557) (57) Taxation - ----- Profit after taxation (121,984) (283,557) (57) Profit/Loss per share (20k) (47k) (57) At period ended 30-12-2017 31-03-17 Property, plant and equipment 1,589,336 1,806,019 (12) Share Capital 302,400 302,400 - Equity 103,154 225,138 (54) Number Number Number of employees 253 243 (4)

FO
- breaking down
- may soon test below N40

rationalmind:


Those who bought at that region trying to breakeven. I think this is the whole psychology behind support and resistance.

That 3naira psychological point,is too strong.it was our support 2wks ago,it is now the resistance since yesterday.fide must breakout from this boundage.

Need a stockbrocker to advice me on disposing off a couple of my FBN shares.

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What are turnaround stocks you may ask? These are stocks that were affected by a temporary economic trend which eventually led to massive sell-offs. You will see affected companies, like this, report declining sales figures on quarter to quarter basis, year on year and even make a loss, and at the end return to profitability after restructuring.

A look at Nigerian stock market

Oil and gas companies in the Nigerian stock market were worst hit by the collapse in oil price coupled with numerous attack on oil facilities by Niger Delta militant that led to low production output. This crisis was largely reflected in their share price performance in 2014, 2015 and 2016, but as the price of crude oil reversed its year-long downtrend after an agreed-OPEC output cut, we saw an increased inflow of petrodollars into the economy. Now that the activity of these militants at near zero level, some of the stocks have begun to rise again as manager of these companies had concluded facilities repairs and built alternative export routes to control future loss.

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Let's talk about the company performance from 2016.

Read more here - http://nigerianstockstobuy.com/seplat-stocks-best-turnaround-oil-stocks/

stocks with new 52 week lows
sovereign #0.36k
dn tyre #0.36k
ftn cocoa #0.35k
Africa alliance #0.34k
unic #0.20k
multiverse #0.25k
regency alliance #0.40k
stocks with new 52 week highs
Unilever #59.60k
japaul #0.75k
seplat #785.00k
nascon #24.50k
NEM #2.40k
contisure #1.75k
ccnn #20.00k

fxuser:
FO
- breaking down
- may soon test below N40

Femi needs to wake up as Alhaji/Mike are leaving him far behind! He's into Power and PMS just wondering what went wrong - poor results. @Rabbi, Wanaj0...any ideas or is this another bad Naija management things with still no good result to show? Hmmm...

As for the other request by my brother yesterday, I hope I can but time is just becoming unavailable.

let me try for today

nse30 up 0.31% closed @ 1970.63

nseAsem no changes closed @1059.47

NSE banking down 0.33% closed 537.79

nse consumer up 0.94% closed 991.70

NSE industrial up 0.01% closed 2367.53

nse insurance up 0.08 closed 159.83

lotus Islamic up 0.50% closed 2780.34

NSE oil and gas up 1.44% closed 376.76

NSE premium up 0.05% closed 3087.72

others available but hope to add them , busy period here

Intendy:
stocks with new 52 week lows
sovereign #0.36k
dn tyre #0.36k
ftn cocoa #0.35k
Africa alliance #0.34k
unic #0.20k
multiverse #0.25k
regency alliance #0.40k
stocks with new 52 week highs
Unilever #59.60k
japaul #0.75k
seplat #785.00k
nascon #24.50k
NEM #2.40k
contisure #1.75k
ccnn #20.00k

I thought DS broke it's 52 week high today

DOLLARTEX:
That 3naira psychological point,is too strong.it was our support 2wks ago,it is now the resistance since yesterday.fide must breakout from this boundage.

We will plead with oracle to release the 200m under his bed. Should be enough to soak up any offer at the N3 region

Intendy:
As for the other request by my brother yesterday, I hope I can but time is just becoming unavailable.

let me try for today

nse30 up 0.31% closed @ 1970.63

nseAsem no changes closed @1059.47

NSE banking down 0.33% closed 537.79

nse consumer up 0.94% closed 991.70

NSE industrial up 0.01% closed 2367.53

nse insurance up 0.08 closed 159.83

lotus Islamic up 0.50% closed 2780.34

NSE oil and gas up 1.44% closed 376.76

NSE premium up 0.05% closed 3087.72

others available but hope to add them , busy period here

THANK you for your selfless service.

rationalmind:


We will plead with oracle to release the 200m under his bed. Should be enough to soak up any offer at the N3 region

For real.LOL

shigidi:


You do not like 1 stock constituting that high? Its not always a bad thing

Except I have direct access to the MD! No stock should be 20% of my portfolio. It is part of my investment/risk management strategy.

Risk management is key to successful investing. Many are taking unnecessary risks.

Intendy:
As for the other request by my brother yesterday, I hope I can but time is just becoming unavailable.

let me try for today

nse30 up 0.31% closed @ 1970.63

nseAsem no changes closed @1059.47

NSE banking down 0.33% closed 537.79

nse consumer up 0.94% closed 991.70

NSE industrial up 0.01% closed 2367.53

nse insurance up 0.08 closed 159.83

lotus Islamic up 0.50% closed 2780.34

NSE oil and gas up 1.44% closed 376.76

NSE premium up 0.05% closed 3087.72

others available but hope to add them , busy period here

My Oga am not sure u understood my input then.
...I was'nt saying u should give us a regular market update of the sectoral indexes. ...I think that would be unnecessary as one can easily look them up from any given day market price list.

What I meant was for u to try and also include the sectoral index whenever they make their 52 weeks high or low (...that is only when they deserve to be in ur usual high or low list).
As for today, only the NSE OIL AND GAS INDEX made the 52 weeks high list. ...and there was no 52 weeks low from any of the sectoral index.
I just feel that it could help us in ascertaining the sectors where market sentiment is inclined/tilted to. ...and maybe also assist in guiding our many investment decisions.

...I hope u do understand me now Sir?
But if its gonna be much stress for u, u may consider leaving that out and ride on with ur usual way.
...ur already doing a great job Sir.

Regards !!