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Nigerian Stock Exchange Market Pick Alerts - Investment (7542) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by USAfall2024: 11:25am On Jan 29
yMcy56:

All offers @694 mopped!!
Now sighted @700 intra-day!

Thanks to Otedollars! grin Baba don push am to 763 officially. Billionaires doing but I am happy to be out after enjoying the run.
Re: Nigerian Stock Exchange Market Pick Alerts by bennybuhari: 11:29am On Jan 29
Oando shareholders are in a joyful mood. Have they declared result?
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:31am On Jan 29
BullBearMkt:

...making such assertion about the market without reasonable evidence is unlikely to convince data-driven individuals. It's as simple as ABC - Always Back Claims with data
grin grin grin grin grin

Looking at the trends of FCMB price and underlying growth in earnings and Book Values over the last 10 years grin.

Shareholders selling it anyhow below current prices based on perceptions of previous prior year low prices will be taking a loss. Especially if the economy continues on a growing path in Naira terms plus if bank assets are not severely damaged but safeguarded from poor lending practices.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 11:37am On Jan 29
BabsO2:


Looking at the trends of FCMB price and underlying growth in earnings and Book Values.

Shareholders selling it anyhow below current prices based on perceptions of previous prior year low prices will be taking a loss. Especially if the economy continues on a growing path in Naira terms plus if bank assets are not severely damaged but safeguarded from poor lending practices.

I sold below N10 or so... has greatpotential though... just not sure it'll achieve same
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:40am On Jan 29
PETERiCHY:



OANDO currently on FULL BID @#13.80k 🎉
DESTINATION = #500
TIME FRAME = 12mths
USD = #1420
Meanwhile 98% of OANDO earnings is in USD

BARGAIN HUNTERS TAKE NOTE

Congratulations to all those heavily loaded in OANDO...

Your prediction sha grin

We are watching closely
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 11:40am On Jan 29
nairavsdollars:
Oando...judgement loading...

I'm on queue to enter the bus... hope I get a seat... "danwo lo bi iya okere"... don't know how to translate this Yoruba saying to English
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:41am On Jan 29
SonofElElyonRet:


I'm on queue to enter the bus... hope I get a seat... "danwo lo bi iya okere"... don't know how to translate this Yoruba saying to English

Ore mi, you no enter since ni? Wetin happen to your moniker abi na different person?
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:43am On Jan 29
This DANGCEM...

E bi like I go leave am till #1k if it will get there sha
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 11:43am On Jan 29
megawealth01:


Ore mi, you no enter since ni? Wetin happen to your moniker abi na different person?

Na me. Original moniker banned till 2033 for spamming.. no mercy from bot.
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 11:44am On Jan 29
PETERiCHY:



OANDO currently on FULL BID @#13.80k 🎉
DESTINATION = #500
TIME FRAME = 12mths
USD = #1420
Meanwhile 98% of OANDO earnings is in USD

BARGAIN HUNTERS TAKE NOTE

grin grin grin N500 You cant beat Wale sha....the court judgement will finally put a rest to this Oando Issue.
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:46am On Jan 29
yMcy56:
OANDO on full bid @13.80!
Insiders knows what we don't know yet.....probably..
Where's Megawealth that says it's going back to 7 and all the naysayers?

JAPAUL: Successfully crossed the N3 line.......sighted on full bid earlier.......some offers show face........pickup still ongoing...... smiley

The person that says it won't see full bid midday on Friday must have been disappointed by now....
Impostor driver lipsrsealed ....Market always have a mind of its own,,nobody can accurately predict the market all the time.

I hope big players like Ote$ is not torch-lighting it now shocked. Maybe it's just the gbelo gbebo that we have seen before grin
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 11:48am On Jan 29
Abeg any news from WEMA bank that mopping up was fast grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:50am On Jan 29
SonofElElyonRet:


I sold below N10 or so... has greatpotential though... just not sure it'll achieve same

Not bad to take a profit especially when there are perceived better opportunity costs.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by SetrakusRa(m): 11:51am On Jan 29
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:54am On Jan 29
megawealth01:


Congratulations to all those heavily loaded in OANDO...

Your prediction sha grin

We are watching closely

I am entertaining a thought that dividend payment may commence at a minimum of N1 this year, to please shareholders that have held faith with Oando over the years. This thought flashed based on the discourse in the last AGM shocked

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Tpharell: 11:54am On Jan 29
megawealth01:


Congratulations to all those heavily loaded in OANDO...

Your prediction sha grin

We are watching closely
From past trends it will likely reverse in few days

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ekkywolex(m): 11:56am On Jan 29
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:56am On Jan 29


stcool:


grin grin grin N500 You cant beat Wale sha....the court judgement will finally put a rest to this Oando Issue.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:59am On Jan 29
USAfall2024:

Thanks to Otedollars! grin Baba don push am to 763 officially. Billionaires doing but I am happy to be out after enjoying the run.
Officially @763......Up with +68.90!
Since Otedola entered, he'll ensure he pushed that price up...... grin
Not to forget the share buyback quickly too......Alhaji intends to cancel the buybacks!! Chai!
Good as you exit at your bus stop sha....
Long termers are the most beneficiaries here .......think I also posted this during the previous share buybacks too.

DANGCEM and SEPLAT be tampering with ASI anyhow grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:02pm On Jan 29
stcool:


grin grin grin N500 You cant beat Wale sha....the court judgement will finally put a rest to this Oando Issue.

You may be right, that's assuming he is bent on making the delisting happen. I don't think he is bent on it. He may have considered it due the brouhaha of the shareholders that wanted to exit. And he looked relieved they exited.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:04pm On Jan 29
BabsO2:
I hope big players like Ote$ is not torch-lighting it now shocked. Maybe it's just the gbelo gbebo that we have seen before grin
If that man enters OANDO, the driver go just throway the entrance key...... grin
All these our plenty grammars and book paralysis here go just disappear fiamm..... people go forget say court case dey self.... grin
We may not know who has mopped the previous quantities self .......no disclosure on NGX
Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:11pm On Jan 29
Ellahlakes has a good setup, target 4.7~ 60% R:R

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 12:12pm On Jan 29
BabsO2:


Looking at the trends of FCMB price and underlying growth in earnings and Book Values over the last 10 years grin.

Shareholders selling it anyhow below current prices based on perceptions of previous prior year low prices will be taking a loss. Especially if the economy continues on a growing path in Naira terms plus if bank assets are not severely damaged but safeguarded from poor lending practices.

The people buying and selling don't have the same investment objectives. Some are trading to make a few coins by 230 while others may be buying to keep for dividend. What about those who may be selling to pay their rent, buy a new car etc. Their entry prices and targets are equally different. That's the psychology of investment

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 12:12pm On Jan 29
grin grin

ProphetUtuocha:
Those who want to sell should hurry up, we will continue to accumulate Oando. 400% on Jan 1 price assured!

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:16pm On Jan 29
yMcy56:

If that man enters OANDO, the driver go just throway the entrance key...... grin
All these our plenty grammars and book paralysis here go just disappear fiamm..... people go forget say court case dey self.... grin
We may not know who has mopped the previous quantities self .......no disclosure on NGX

Total bids today at maximum upward price of N13.8 is N200b N200million
That is an unusual amount compared to prior days. Let's see how long/far such money will be chasing Oando shares
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:24pm On Jan 29
BabsO2:


Total bids today at maximum upward price of N13.8 is N200b
That is an unusual amount. Let's see how long/far such money will be chasing Oando shares
That means I made right gambling on this.Though I wanted to buy more afolabi units with gsk payments but they no gree pay.My target na #20
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 12:26pm On Jan 29
yak:
https://nairametrics.com/2024/01/28/record-breaking-ngx-a-stockfish-market/


Hmmmmm!

I won't bother myself debating the credibility of this write-up or that of the writer. One thing is sure, articles like this are not unusual in a bullish environment in stock market. Even analyst adopt this strategy by pushing out negative report about a stock or market to create panic selling providing them opportunity to enter at a good price. So, with the index showing resilience and prices on a stratospheric rise, more of such articles should be expected which will create re-entry opportunity for smart money and discerning traders including investors.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 12:30pm On Jan 29
iHaveMadeiT2:

USD

Some of these apps will be clamped down for this reckless pricing.
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:44pm On Jan 29
Streetinvestor2:
That means I made right gambling on this.Though I wanted to buy more afolabi units with gsk payments but they no gree pay.My target na #20

It's only N200 million chasing it at the time I wrote not N200b grin
The amount chasing it at top quoted price is now N234 million. More have joined the queue to mop at maximum quoted price for today.

Let's see if it's not the gra gra before the next court case date that we are seeing on the street again
Re: Nigerian Stock Exchange Market Pick Alerts by Saybal(m): 12:49pm On Jan 29
PuristForest:
Ellahlakes has a good setup, target 4.7~ 60% R:R
what is your take on E transact .Buy or sell
Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 12:53pm On Jan 29
Saybal:
what is your take on E transact .Buy or sell
i shared this on Jan 18 "Etranzact on a steady impulse, potential to do 100%..next stop 13.6"
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 1:09pm On Jan 29
Make una give Sir Loco him flowers for Japaul!!!

Sir Loco...Wa Gba Flowers shocked shocked shocked

Hope nobody will come and cry, that he/she got stuck from Loco's advise grin grin grin

5 Likes

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