Dexterax:
The new NSE pricing regime will definitely give some market makers a run for their money!

#NGN 0.01

@dexterax pls wen will dis new rule commence?

stokfrick:

@dexterax pls wen will dis new rule commence?

No date has been officially announced sir.

Dexterax:
The new NSE pricing regime will definitely give some market makers a run for their money!

#NGN 0.01

Dexterax:


Volatility on the NSE is about to be redefined.

At NGN 0.01, the rate of change which will afford a common speculator 100% in returns, exclusive of fees, has become considerably smaller in a sense; the psychological distance from NGN 0.01 to NGN 0.02 is smaller than that from NGN 0.50 to NGN NGN 1.00.

Just as it "seems" easier to hit NGN 2.00 from NGN 1.00 than hitting NGN 75.00 from NGN 37.50, even though both price movements achieve the hypothetical 100% returns.

myjoy08:
Best ever result so far in this Q3, so say no to emotional investing at this time...
Oando Selling mode deactivated!!!

Sir, I think the best ever result so far in this Q3 has leaked to a few institutional investors. They have just brought it back to my point of entry last week monday. The one that made me 15% in 2 days .

Dexterax:




At NGN 0.01, the rate of change which will afford a common speculator 100% in returns, exclusive of fees, has become considerably smaller in a sense; the psychological distance from NGN 0.01 to NGN 0.02 is smaller than that from NGN 0.50 to NGN NGN 1.00.

Just as it "seems" easier to hit NGN 2.00 from NGN 1.00 than hitting NGN 75.00 from NGN 37.50, even though both price movements achieve the hypothetical 100% returns.

i dont think getting 100% will be dat easy. as long as price movements are made based on %age basis, rate of price movement will remain the same and will still remain affected by d usual factors.

passwelle:

Sir, I think the best ever result so far in this Q3 has leaked to a few institutional investors. They have just brought it back to my point of entry last week monday. The one that made me 15% in 2 days .

Goodluck to you Sir.

stokfrick:
i dont think getting 100% will be dat easy as long as price movements are made based on %age basis

Most likely for the kobo stocks some modality will be worked out around the 10.24% daily cap. I dont see trades in fractions of 1 kobo happening on the bourse. But what do I know.

myjoy08:
Goodluck to you Sir.

7UP people should buy now oo, before it reaches N300
This NSE hen, one day you are reigning, the next you are on serious offer!

stokfrick:

i dont think getting 100% will be dat easy. as long as price movements are made based on %age basis, rate of price movement will remain the same and will still remain affected by d usual factors.

As long as they maintain WHOLE kobo-step increments but then....

Hmmm

passwelle:
Most likely for the kobo stocks some modality will be worked out around the 10.24% daily cap. I dont see trades in fractions of 1 kobo happening on the bourse. But what do I know.

Hehehe my oga...

We don't even need fractions of 1 kobo. Just buy Unity Bank at NGN 0.01 and offload to a greater fool at NGN 0.02.

Just buy like 1 billion units at NGN 0.01...

Dexterax:

Hehehe my oga...
We don't even need fractions of 1 kobo. Just buy Unity Bank at NGN 0.01 and offload to a greater fool at NGN 0.02.
Just buy like 1 billion units at NGN 0.01...

But Sir, you mean with 1 million naira one may be able to own 100 million shares of a stock at some point soon
You remember that conversation we had on perks and emoluments of directors ....

I can see it approaching my usual junction

Born2berich:
I can see it approaching my usual junction

"It" is well Goodluck to you Sir.

Linkassure MH

passwelle:

But Sir, you mean with 1 million naira one may be able to own 100 million shares of a stock at some point soon
You remember that conversation we had on perks and emoluments of directors ....

Yes bruv...think about how many Radisson possibilities that'll afford us.

passwelle:

Sir, I think the best ever result so far in this Q3 has leaked to a few institutional investors. They have just brought it back to my point of entry last week monday. The one that made me 15% in 2 days .

Myself and a few friends have passed a vote of confidence on this stock as the most valuable JIJO stock my oga.

Please carry on and keep us apprised of your enviable returns, keeping the new NGN 0.01 benchmark in view.

Dexterax:

Myself and a few friends have passed a vote of confidence on this stock as the most valuable JIJO stock my oga.
Please carry on and keep us apprised of your enviable returns, keeping the new NGN 0.01 benchmark in view.

Anxious to see how this will play out. I have a portion of money in penny stocks and I am not selling.

I would want to believe the forces of demand and supply will drive the prices up... if you want to buy 1m units and 1m units is available, good. if 500,000 is available then the price would move at least in layman terms.

NSE is really bleeding........cultivation period for those with cash

I have Jumped back in to Oxygen! Oga Peterichy, we go together chop that NGN 0.70 dividend mehn, unless I Jump Out again. Be Audacious.

myjoy08:
http://mobile.bloomberg.com/news/2014-10-30/oando-plans-400-megawatt-nigerian-plant-after-purchase-bids-fail.html

Imagine this caption in the Washington Post:

ExxonMobil plans 400-megawatt US plant...

It's almost despicable.

But then when you're dealing with an SPV, anything, just about anything that catches the fancy of the directors is possible.

#BankruptcyRemoteVehicle

^^ Oga Dexter abeg, Oxygen forever!

Someone came to the market today to MOP UP Linkassure at a fastest rate. Biko, wetin this person dey buy and sell aside of Monkeys! As the order they fill e dey modify am, they increase the volume

passwelle:
I have Jumped back in to Oxygen! Oga Peterichy, we go together chop that NGN 0.70 dividend mehn, unless I Jump Out again. Be Audacious.

I got some today too..Lets see how it goes.

passwelle:
Someone came to the market today to MOP UP Linkassure at a fastest rate. Biko, wetin this person dey buy and sell aside of Monkeys! As the order they fill e dey modify am, they increase the volume

Abeg tell that person to also assist me buy buying my multiverse, UNIC, guinea, Standard assurance, hallmark, IAI shares biko

passwelle:
I have Jumped back in to Oxygen! Oga Peterichy, we go together chop that NGN 0.70 dividend mehn, unless I Jump Out again. Be Audacious.

keep calling o and o cow boys but it will not be boy boy for ever(befor 2014 end things all change, today news is example)

passwelle:
^^ Oga Dexter abeg, Oxygen forever!

Oga mi carry on abeg...

Born2berich:
Abeg tell that person to also assist me buy buying my multiverse, UNIC, guinea, Standard assurance, hallmark, IAI shares biko

Mehn, every stock has its day bro! Its even more interesting because these are not being crossed, unlike hallmark lately. Who are Prudential Life partnering with in Nigeria again? This is serious o, Dude just updated his bid with 5m more units