Stock Market Tips For Nigerians

A Member? Please Login  
type your username and password to login
Date: October 15, 2008, 09:18 PM
250337 members and 149108 Topics
Latest Member: Serolikt
Nairaland [Nigerian Forum] Home Help Search Who is currently online? Login Register
Nairaland Forum  |  General Discussion  |  Business  |  Stocks / Investment (Moderators: FOD, Dual Core)  |  Stock Market Tips For Nigerians
Pages: (1) ... (537) (538) (539) (540) (541) (542) (543) (544) (545) (546) (547) (548) (549) ... (773) Go Down Send this topic Notify of replies
Author Topic: Stock Market Tips For Nigerians  (Read 434871 views)
ololufemi
Re: Stock Market Tips For Nigerians
« #17344 on: February 25, 2008, 03:50 PM »

@ All,

I dey hear one rumour oh but na rumour oh. Caveat Emptor.

I go talk am later. For now back to the rumour room oh.

NB Na rumour.
pumping777 (m)
Re: Stock Market Tips For Nigerians
« #17345 on: February 25, 2008, 03:51 PM »

Quote from: ololufemi on February 25, 2008, 03:41 PM
@ Pumping,

Oga pumping,

I dey that ship wey you dey inside for the insurance sector. For am, E be like sey PO time still far away.

I dey inside but i no mind multiple confirmation even from you.

Na Oga I dey call u oh, remember Grin Grin Grin

that one when no dey that list wey loma post se? I dey surprised say I no hear anything about PO. I for like am if d PO dey early sef but still I believe in that one too much to sell PO or no PO.

That hint wey you drop say the average price for insurance now is N7 suggest we may be talking d same thing. If you don get that one, na to look for another one inside the sector wey I think go even do better and is fundamentally sound.
upward (m)
Re: Stock Market Tips For Nigerians
« #17346 on: February 25, 2008, 03:54 PM »

Oga Pumping and Ololufemi, I can see you guys are talkingin parables, please which strategy are you talking about, to help attack the insurance sector?Huh?   Well talking about the one not in Loma's list, I was expecting Mbenefit there shaa, and also looking at the price, hmmmm
loma (m)
Re: Stock Market Tips For Nigerians
« #17347 on: February 25, 2008, 03:55 PM »

At Pure CICOers!  If you had 5 million naira today and intend to buy stoCk based on today's prices and sell on Friday looking for max 15% gain, where would you put the money outside Insurance and Banking?

YOU DO NOT NEED TO HAVE THAT STOCK IN YOUR PERSONAL PORTFOLIO O!
crazyT (m)
Re: Stock Market Tips For Nigerians
« #17348 on: February 25, 2008, 03:57 PM »

Quote from: aktopgun on February 25, 2008, 01:56 PM
@crazyT

u dey look unity?
i'D like to see the pattern it did today.


u dey see unionhomes

i don't even own any of these stocks  Wink  Wink  Wink Cheesy Cheesy Cheesy


Omo I see am o, thanks to you and your KANDU  Grin I for don enter since last week with about 12% loss by now.
I pay for my Unity ticket last Friday sha hopefully a go board the flight today or tomorrow.

between, today dey better for all my You stocks o, UTC, UNHOMES, UNIC.
aktopgun (m)
Re: Stock Market Tips For Nigerians
« #17349 on: February 25, 2008, 03:59 PM »

@crazyT

i hope u read this befroe ur order for unity goes out. I would wait still on it personally. I don't like the candle pattern it did today at all. A hanging man. Make ur money no go hang for there o.

AGAIN, I AM ASSUMING U WANT TO USE THIS ONE FOR CICO AND THEREFORE NEED TO TIME UR ENTRY.

if this asssumption is wrong then ignore my post and buy as u wish for the long term.

I expect it to drop or at best be stagnant tomorrow but i've been wrong before havent i Grin Grin Grin

ololufemi
Re: Stock Market Tips For Nigerians
« #17350 on: February 25, 2008, 04:04 PM »

@ aktopgun


Quote
@crazyT

i hope u read this befroe your order for unity goes out. I would wait still on it personally. I don't like the candle pattern it did today at all. A hanging man. Make your money no go hang for there o.

AGAIN, I AM ASSUMING You WANT TO USE THIS ONE FOR CICO AND THEREFORE NEED TO TIME UR ENTRY.

if this asssumption is wrong then ignore my post and buy as u wish for the long term.

I expect it to drop or at best be stagnant tomorrow but i've been wrong before havent i   

 
 
 Report to moderator    Logged 
 



You no put Caveat Emptor for the sentence before them wan stone you with words and big grammar.
loma (m)
Re: Stock Market Tips For Nigerians
« #17351 on: February 25, 2008, 04:05 PM »

@AkTopGun

Can you light your candles on Nascon  for this week?  I still dey look for Cat-skin before I fit use the candles wey I order!
aktopgun (m)
Re: Stock Market Tips For Nigerians
« #17352 on: February 25, 2008, 04:09 PM »

@wapco investors, things arent looking good but lets wait till tomorrow and see.

today the maket was undecided about it and it gapped lower & formed a doji as well(ie indecision). tomorrow may help determinne if this is a reversal pattern happening called the abandoned baby bottom (funny name isnt it  Cheesy)

lets see what tomorrow brings.
yodiyokun (f)
Re: Stock Market Tips For Nigerians
« #17353 on: February 25, 2008, 04:10 PM »

Quote from: pumping777 on February 25, 2008, 03:37 PM
I now see being on this list as an advantage and not a disadvantage Grin Grin Grin

I caught on immeidately . Sharpish Sharpish.
Highlander
Re: Stock Market Tips For Nigerians
« #17354 on: February 25, 2008, 04:11 PM »

Quote from: pumping777 on February 25, 2008, 03:51 PM
that one when no dey that list wey loma post se? I dey surprised say I no hear anything about PO. I for like am if d PO dey early sef but still I believe in that one too much to sell PO or no PO.

That hint wey you drop say the average price for insurance now is N7 suggest we may be talking d same thing. If you don get that one, na to look for another one inside the sector wey I think go even do better and is fundamentally sound.

Are we talking about L---?
aktopgun (m)
Re: Stock Market Tips For Nigerians
« #17355 on: February 25, 2008, 04:11 PM »

Quote from: ololufemi on February 25, 2008, 04:04 PM
@ aktopgun

 


You no put Caveat Emptor for the sentence before them wan stone you with words and big grammar.

my brother , na true o. i forget.

CAVEAT EMPTORS (PLURAL O)  Cheesy  Cheesy Cheesy
upward (m)
Re: Stock Market Tips For Nigerians
« #17356 on: February 25, 2008, 04:17 PM »

Quote from: aktopgun on February 25, 2008, 04:09 PM
@wapco investors, things arent looking good but lets wait till tomorrow and see.

today the maket was undecided about it and it gapped lower & formed a doji as well(ie indecision). tomorrow may help determinne if this is a reversal pattern happening called the abandoned baby bottom (funny name isnt it  Cheesy)

lets see what tomorrow brings.

yeah, having looked at the chart (after my last post) I see what you mean, not very strong momentum in the "sell rush" however it still closed at the day's low. Going by this it's bottom-out price may not get as low as I was prediciting in my previous post (the better) but I see that as a possibility. Howbeit, we need one or two day's trading to see how the trend goes. Aktopgun abi?
Mr. Risky
Re: Stock Market Tips For Nigerians
« #17357 on: February 25, 2008, 04:18 PM »

Quote from: aktopgun on February 25, 2008, 04:11 PM
my brother , na true o. i forget.

CAVEAT EMPTORS (PLURAL O)  Cheesy  Cheesy Cheesy

AKT my man, Abeg light candle for Live Stock Feed and Eternal OIl jare.  If you like put Caveat emptor or emptress, e no concern me.  YOU ARE WONDERFUL GUY WITH GREAT SPIRIT TO HOLD YOUR OWN.  please buy matches and put on that candle for me.  I know say the trains are moving but I don't do conductor before for Lagos Grin Grin Grin
windywendy (f)
Re: Stock Market Tips For Nigerians
« #17358 on: February 25, 2008, 04:19 PM »

woooowww! I just got word that I got 100% allotment on my MTN application.  Cheesy Cheesy Cheesy. Perfect!

i think i better take the day off . . . wey that my canadian oga sef  Cheesy

@Pumping777: abeg wetin be that thing wey you discover this weekend. I'm interested.
aktopgun (m)
Re: Stock Market Tips For Nigerians
« #17359 on: February 25, 2008, 04:20 PM »

Quote from: upward on February 25, 2008, 04:17 PM
yeah, having looked at the chart (after my last post) I see what you mean, a small slowing of momentum in the "sell rush" however it still closed at the day's low. Going by this it's bottom-out price may not get as low as I was prediciting in my previous post (the better) but I see that as a possibility. Howbeit, we need one or two day's trading to see how the trend goes. Aktopgun abi?

yes. i think so anyways.

On Nascon, things are looking up definitely but it needs some wind in its back i think. It should do better this week than last week
windywendy (f)
Re: Stock Market Tips For Nigerians
« #17360 on: February 25, 2008, 04:24 PM »

@aktopgun, on unity bank, unless i'm looking at the wrong price list, I see that it traded above 10 today and closed just shy of 10. Also, the average price for today was higher than the last closing. Don't these indicate some buying pressure?

The list i'm looking at is the TRW list.
yodiyokun (f)
Re: Stock Market Tips For Nigerians
« #17361 on: February 25, 2008, 04:31 PM »

Quote from: windywendy on February 25, 2008, 04:19 PM

@Pumping777: abeg wetin be that thing wey you discover this weekend. I'm interested.

Pumping no talk anything thing before I buy ooo Grin Grin Grin
Windywendy is one of the deep pocket ones, she always has money to buy and she always dey buying gear!!

Just caught up- reading up 15 pages no be easy wor

@Obalende,
I think I replied your email. Na very long email sha.

Remember you have time on your side.
wanaj0
Re: Stock Market Tips For Nigerians
« #17362 on: February 25, 2008, 04:32 PM »

Quote from: windywendy on February 25, 2008, 04:19 PM
woooowww! I just got word that I got 100% allotment on my MTN applicationCheesy Cheesy Cheesy. Perfect!

i think i better take the day off . . . wey that my canadian oga sef  Cheesy

@Pumping777: abeg wetin be that thing wey you discover this weekend. I'm interested.

I am disappointed!!!! Thought you will break the bank for that one so that you can get return money Tongue
ololufemi
Re: Stock Market Tips For Nigerians
« #17363 on: February 25, 2008, 04:35 PM »

 @ Windy Wendy,

My sister congrats on the MTN offer. More grease to your elbow. No carry ur money go unitybank oh. It is too risky now. Look inside insurance for now or banking, opportunities dey there. Besides on unity u can just do only about 25% max nowand the fear of TS is the beginning of --------

, but e get one bank wey go be the bomb soon.
Its difficult to get it now though.
aktopgun (m)
Re: Stock Market Tips For Nigerians
« #17364 on: February 25, 2008, 04:35 PM »

Quote from: windywendy on February 25, 2008, 04:19 PM
woooowww! I just got word that I got 100% allotment on my MTN application.  Cheesy Cheesy Cheesy. Perfect!

i think i better take the day off . . . wey that my canadian oga sef  Cheesy

@Pumping777: abeg wetin be that thing wey you discover this weekend. I'm interested.

good for u girl. remember me in ur kingdom. enjoy it big time.  Grin

LIVESTOCK:
awon enemies try bid am down to N8 today but the buyers beat them and it closed at the day's high.
that however tells me that profit takers are setting in, from the Dragonfly doji it did today. Not particularly a good sign.

ETERNAOIL
positive candles for this one. since we talked about it last week  Wink its gone on a run and has opened higher and closed higher the last 3 market days. all the candles have long bodies(good) and are other indicators are beginning to wake up as well
easimoni (m)
Re: Stock Market Tips For Nigerians
« #17365 on: February 25, 2008, 04:38 PM »

Quote from: windywendy on February 25, 2008, 04:24 PM
@aktopgun, on unity bank, unless i'm looking at the wrong price list, I see that it traded above 10 today and closed just shy of 10. Also, the average price for today was higher than the last closing. Don't these indicate some buying pressure?

The list i'm looking at is the TRW list.

From nsepro.com, the avg price was 9.73 (below the close but above the open); looks like a lot of indecision to me. Buyers should place limits and proceed.

Windy, when are "we" exiting Niwicable? (The thing don turn "Yahooze" money for my hand o, 30% in 6 days!)
Mr. Risky
Re: Stock Market Tips For Nigerians
« #17366 on: February 25, 2008, 04:38 PM »

Gurusssssssssss make una carry people along na!!!!!!!!!!!

I am sensing the birth of a new association here of people who speak in tongues:  ASSOCIATION OF NAIRALAND GURUS.  Una don de exchange E-mail, and yet we are talking Nigeria stock EXCHANGE, the tin don turn to Email EXCHANGE,

I no se Wanajo and FatherofMany no go be member.

The thread is becoming boring since not many here can read the lips of some Gurus among us.  Guguru go become Guru one day Cheesy
aktopgun (m)
Re: Stock Market Tips For Nigerians
« #17367 on: February 25, 2008, 04:41 PM »

Quote from: windywendy on February 25, 2008, 04:24 PM
@aktopgun, on unity bank, unless i'm looking at the wrong price list, I see that it traded above 10 today and closed just shy of 10. Also, the average price for today was higher than the last closing. Don't these indicate some buying pressure?

The list i'm looking at is the TRW list.

all u said is true girl but also notice it traded as low as 9.35 today. that tells me that some people were there just trying to kill the price increase today and the assassins will probably try again tomorrow. if they succeed (pleasantly surprised if they don't) the price should drop but probably not by much in the initial instance. tommorrows candle will reveal if the bulls are up for the fight they have on their hands on this one
yodiyokun (f)
Re: Stock Market Tips For Nigerians
« #17368 on: February 25, 2008, 04:42 PM »

Quote from: Mr. Risky on February 25, 2008, 04:38 PM
Gurusssssssssss make una carry people along na!!!!!!!!!!!

I am sensing the birth of a new association here of people who speak in tongues:  ASSOCIATION OF NAIRALAND GURUS.  Una don de exchange E-mail, and yet we are talking Nigeria stock EXCHANGE, the tin don turn to Email EXCHANGE,

I no se Wanajo and FatherofMany no go be member.

The thread is becoming boring since not many here can read the lips of some Gurus among us.  Guguru go become Guru one day Cheesy

I hope that you are not refering to my email reference to @obaalende ooooo!!.

That one no be stock matter at all - na immigration talk only. Grin
aktopgun (m)
Re: Stock Market Tips For Nigerians
« #17369 on: February 25, 2008, 04:45 PM »

Quote from: Mr. Risky on February 25, 2008, 04:38 PM
Gurusssssssssss make una carry people along na!!!!!!!!!!!

I am sensing the birth of a new association here of people who speak in tongues:  ASSOCIATION OF NAIRALAND GURUS.  Una don de exchange E-mail, and yet we are talking Nigeria stock EXCHANGE, the tin don turn to Email EXCHANGE,

I no se Wanajo and FatherofMany no go be member.

The thread is becoming boring since not many here can read the lips of some Gurus among us.  Guguru go become Guru one day Cheesy

Might be a case of once bitten twice shy. What do u think?  Wink Wink
texas543 (m)
Re: Stock Market Tips For Nigerians
« #17370 on: February 25, 2008, 04:45 PM »

Quote from: yodiyokun on February 25, 2008, 04:42 PM
I hope that you are not refering to my email reference to @obaalende ooooo!!.

That one no be stock matter at all - na immigration talk only. Grin

them tell u say we no wan migrate too?  Grin Grin Grin
Mr. Risky
Re: Stock Market Tips For Nigerians
« #17371 on: February 25, 2008, 04:46 PM »

Quote from: aktopgun on February 25, 2008, 04:35 PM
good for u girl. remember me in your kingdom. enjoy it big time.  Grin

LIVESTOCK:
awon enemies try bid am down to N8 today but the buyers beat them and it closed at the day's high.
that however tells me that profit takers are setting in, from the Dragonfly doji it did today. Not particularly a good sign.

ETERNAOIL
positive candles for this one. since we talked about it last week  Wink its gone on a run and has opened higher and closed higher the last 3 market days. all the candles have long bodies(good) and are other indicators are beginning to wake up as well

AKT, thank you very much for your overflowing kind gestures.  I have no qualms awarding you this honour:  You are the Nairaland  - AKTOPGUN, NSE, GCON, JIJO, JP
RoughCut (m)
Re: Stock Market Tips For Nigerians
« #17372 on: February 25, 2008, 04:46 PM »

Quote from: loma on February 25, 2008, 02:45 PM
@Ololufemi,

I don miss your praise-singing no be small! Please recite F02's complete oriki make we hear.

That CCNN na real convergence between F02 and AkTopGun. I no dey miss convergence stocks like that, right at the confluence of River Niger and Benue!  The only way to flow now na North!

@AktopGun. See synonyms for Arsenal. Let me know if you need more

ammo dump, archives, armory, artillery park, assembly line, assembly plant, atomic arsenal, atomic energy plant, attic, bank, basement, bay, bin, bindery, boatyard, boilery, bonded warehouse, bookbindery, bookcase, box, brewery, brickyard, bunker, buttery, cannery, cargo dock, cellar, chest, closet, conservatory, crate, creamery, crib, cupboard, dairy, defense plant, depository, depot, distillery, dock, dockyard, drawer, dump, exchequer, factory, factory belt, factory district, feeder plant, flour mill, glory hole, godown, gun park, hold, hutch, industrial park, industrial zone, library, locker, lumber room, lumberyard, magasin, magazine, main plant, manufactory, manufacturing plant, manufacturing quarter, mill, mint, munitions plant, oil refinery, packing house, park, plant, pottery, power plant, production line, push-button plant, rack, refinery, repertory, repository, reservoir, rick, sawmill, shelf, shipyard, stack, stack room, stock room, storage, store, storehouse, storeroom, subassembly plant, sugar refinery, supply base, supply depot, tank, tannery, treasure house, treasure room, treasury, vat, vault, warehouse, wine cellar, winery, yard, yards

So i'm assuming you are saying there is still a lot more in the armoury we can use to win the premiership dog-fight. A lot to blow out man this-united this season.

 Nothing would give me greater satisfaction apart from my portfolio on the NSE  achieving the objectives for the first-half of '08 Cheesy Cheesy

@Aktopgun

Meanwhile since you are the only recognized pasenger on Cutix flight i think its time to bail for me i know you are long-term on this one but i fit commot profit now plenty of it go do some shopping and connect again in anticipation of their Q3 results i think the results are due anytine now sha. I go still leave some KG's on board

The RSI is ~99 way OVERBOUGHT and the price is trading VERY close to its upper Bollinger band of 24.01 and momentum way too close to the upper +ve value  all these  point to an overheating and OVERBOUGHT condition and most likely due for a trend reversal. The MACD divergence between the 25 and 12-day EMA is +ve so this is a seriously bullish trend

As for my candles i think they are telling me its forming a shooting star  which is a potential bearish reversal pattern.  Need you to please light your own candle to confirm. Heavy volume traded today may be a possible confirmation


lawalidowu (m)
Re: Stock Market Tips For Nigerians
« #17373 on: February 25, 2008, 04:48 PM »

@ YODI

Quote
Quote from: windywendy on Today at 04:19:06 PM

@Pumping777: abeg wetin be that thing wey you discover this weekend. I'm interested.


Pumping no talk anything thing before I buy ooo   
Windywendy is one of the deep pocket ones, she always has money to buy and she always dey buying gear!!


Just caught up- reading up 15 pages no be easy wor

@Obalende,
I think I replied your email. Na very long email sha.

Remember you have time on your side.

windywendy (f)
Re: Stock Market Tips For Nigerians
« #17374 on: February 25, 2008, 04:48 PM »

Quote from: wanaj0 on February 25, 2008, 04:32 PM
I am disappointed!!!! Thought you will break the bank for that one so that you can get return money Tongue

I wanted to break the bank o, but na so I see one FBI agent dey there dey bone seriously with I'm aktopgun47, so I just kuku simmer. I no like return money wahala at all, although they returned the exchange rate difference -- I would have preferred if they used that one to allot additional shares  Wink yeah right abi?  Cheesy
yodiyokun (f)
Re: Stock Market Tips For Nigerians
« #17375 on: February 25, 2008, 04:49 PM »

As per Unity Bank matter - They will probably want to sell the PO at a round figure  like 10 - 12 Naira. To achieve this, the market price must be above this range to relect some sort of "discount".

This is my speculation sha.

Disclosure - I don't own the shares and neither am I buying.

Like I said be4 all insurance cannot be on TS at the same time - at least we are seeing that unfold.

Disclosure - I no longer have Insurance shares - But I plan on buying some  if my liver agrees.
Page 2
Pages: (1) ... (537) (538) (539) (540) (541) (542) (543) (544) (545) (546) (547) (548) (549) ... (773) Go Up Send Topic to Friend by E-mail Reply 
Google
 
Web www.nairaland.com
Sections: TV/Movies (2) Music/Radio (2) Celebrities Job Talk Jobs/Vacancies (2) Career Talk Romance Books Politics Sports Fashion Travel
Health Schooling Religion General(2) Business Webmaster Programming Computers Phones Cars & Trucks

Links: Page1 Page2 Page3 Page4 Page5 Page6 Page7 Page8 Page9 Page10

Nairaland is owned by Oluwaseun Osewa
Nairaland Forum | Powered by SMF 1.0.12.
© 2001-2005, Lewis Media. All Rights Reserved.