Reminds me of 2007....

DeRuggedProf:
Reminds me of 2007....

that one na small to now

DeRuggedProf:
Reminds me of 2007....

in the next five years to come references will not be making to 2008 economic melt down but 2015 economic melt down.

Experience is the best teacher, that why I hold on to my view that what happened to my economy, during global economic melt down will not happen again, then many stockbrokers was busy shouting buy buy don't sell, before people realize what is happening it's too late to sell, because nobody to buy, I bought IPO of Transcorp @7.50, after the close of the offer the price went up to 13, but I regretted why I didn't sell it at that price, before I could know what is happening the stock Park well @50 kobo, I waited for about 7 years before I manage to bail out at about #5.5. Intercontinental bank, oceanic bank, UBA, First Bank, and many other stock price as of then were the same story.

megainvest:
OK back to the topic of "Stock Picking"

Economic gurus please which companies will gain from these different scenarios:
1. A low oil price and high dollar exchange rate (devaluation).
2. A low oil price and fixed official exchange rate below 200 but high black market rate.

For sure devaluation will favour commodity export companies while those that are import dependent will suffer. However, PMB seems determined to avoid devaluation at all cost.

Share your views pls

Godisfaithful, locodemy, mercylicious, born2berich, coolcash1, chibuking81, youngzedd, deruggedprof,ufotty2001, ihedioramma, dragonking, intendy, peterichy, chibuking81, everybody

Buhari govt No1 agenda is to fight corruption, So we shouldn't expect any black money to prop-up the market rather the remaining one will continue to leave.

After the stock market crash what will follow next is hyperinflation,

So the best asset for a Naira holder now is LAND or PROPERTY before inflation sets in which will make the prices of property rise.

Mind you during 2008 meltdown property prices crashed as well because our foreign reserve of $60Billion acted as a buffer for NAIRA but this time around Naira don't have support, even as at today UAE dollar rate is N305.

In other words property/Land will act as a sort of buffer for the anticipated inflation.

Chibuking81:
Experience is the best teacher, that why I hold on to my view that what happened to my economy will not happen again, then many stockbrokers was busy shouting buy buy don't sell, before people realize what is happening it's too late to sell, because nobody to buy, I bought IPO of Transcorp @7.50, after the close of the offer the price went up to 13, but I regretted why I didn't sell it at that price, before I could know what is happening the stock Park well @50 kobo, I waited for about 7 years before I manage to bail out at about #5.5

my guy i believe you are also trapped here also looking for a bailout like everyone here seeking for bailout.why are you always online hammering posts like never before?you are trapped.Are you not?talk true o.

locodemy:


my guy i believe you are also trapped here also looking for a bailout like everyone here seeking for bailout.why are you always online hammering posts like never before?you are trapped.Are you not?talk true o.

to be sincere, I am not trapped at all, I can't be advising people to sell and secretly buying, I am not like that, I have pulled out my resources from NSE since last year.

I personally work with information, because that is my field.

locodemy:
low oil price, high cost of dollar and devaluation...............favourable stocks to pick now are Nigerian breweries,ccnn,Ashaka cement,Dangote cement,sugar,Nascon,flour mill,presco and okomuoil

Correct.


I wonder why someone will be suggesting oil exposed stock.

NEWS NEWS !! This one done pass petterichy oil oil oil oil all the time . PDP MEMBERS are selling there stocks to pay up there $2.1 billion scam from Olisa Metuh and #400 million giving to him . #34 billion theft from Tompolo, Akpobolokemi and others . the bears on the way next week some will come. i must buy uba,zenith,gtb or fbnh with my #10,000 and it will be 10000 units .

ufotty2001:
where all this our experts... someone is about to die here ooooohhh! my friend just call me that I should advice him! he bought fcmb.. now fcmb in his account loss -0.09.. should he sell or leave it.............. he is also afraid of devaluation and reconstructions?
cc: Godisfaithful, locodemy, mercylicious, born2berich, coolcash1, chibuking81, youngzedd, deruggedprof, ihedioramma, dragonking, intendy, peterichy, chibuking81,

He should better JO now.

He should have known that we are in bearish market. Stop loss is always advisable.

megainvest:
SHARPEN YOUR CUTLASSES!!!

Buy 1 now get 10 free in March.

Thank me later.

Sir, I thought you wanted to JI this week or next, why March?

9free:
Make una help me beat down Dangote Sugar to N2.50 pleaseeeee

Oga in law, you go wait tire.

DANGSUGAR na one strong cow. It won't go that low unless witches and wizards are angry.

I am also looking for opportunity to JI.

9free:

I entered at N9.8, N7.9, N5.11, and lastly N4.8 for a combine 100k units.
Firstbank no go kill me o. We're still in the game

I know I am a learner. See money

Youngzedd:


Sir, I thought you wanted to JI this week or next, why March?

I'm not buying in March. March is harvest time, now is time for planting. So I've started buying now in tranches. Right now I've just started at less than 10% of the funds I set aside for this. I will keep buying till end of January. After that, I will start fasting, praying, monkey hunting etc, all join.

Youngzedd:


Oga in law, you go wait tire.

DANGSUGAR na one strong cow. It won't go that low unless witches and wizards are angry.

I am also looking for opportunity to JI.

how can you say so? i cant buy at that price (#2.50)self or forget the past, from the dey you start to invest in NSE to now have you see fbnh and oando at there end of price(#3+ and #4+) today ?

ihedioramma:
NEWS NEWS !! This one done pass petterichy oil oil oil oil all the time . PDP MEMBERS are selling there stocks to pay up there $2.1 billion scam from Olisa Metuh and #400 million giving to him . #34 billion theft from Tompolo, Akpobolokemi and others . the bears on the way next week some will come. i must buy uba,zenith,gtb or fbnh with my #10,000 and it will be 10000 units .

You have a point

Youngzedd:

You have a point

Thank's

megainvest:


I'm not buying in March. March is harvest time, now is time for planting. So I've started buying now in tranches. Right now I've just started at less than 10% of the funds I set aside for this. I will keep buying till end of January. After that, I will start fasting, praying, monkey hunting etc, all join.

The picture below says it all sir...The smart one will continue to look for a way not an excuse

Supported!

Youngzedd:


I know I am a learner. See money

Which money?? We know who be who for here oooo....
See this BIG BDC operator ooooo......Bros, arrange for boys from your BDC loot abeg......

How market?

Yem0350:
How market?

Great. Fantastic...Excellent...Wonderful...Beautiful...Glorious...Alhmadumillah...Praise God...Should I continue?

The eyes that look are common but the eyes that see are few...Think about it.

NEWS !! To keep your money in any nigerian banks may be risk now because the time you want it you may not get it or as you want .

if anyone here still holds skye bank as a share,you investment wil soon turn to peanut.
whistleblowing...........o

DANGSUGAR

FLOURMILL

Court Seals Skye Bank Branches Over N3.9 Billion Damages.

http://nairametrics.com/court-seals-skye-bank-branches-over-n3-9-billion-damages/

Youngzedd:


Oga in law, you go wait tire.

DANGSUGAR na one strong cow. It won't go that low unless witches and wizards are angry.

I am also looking for opportunity to JI.

what will you say of custodyins?
in the sea of financial services blood, it even gained today.

Godisfaithful:

Have u confirm it?

have seen or recieve any email from u

www.trw-stockbrokers.com/nsetoday.aspx

www.proshareng.com/news/Daily%20&%20Weekly%20Market%20Updates/Supply-glut-depresses-market-as-NSE-ASI-skids-to-2012-range/29778

At today's closing price of 0.68, the entire Unity Bank is available at only N8b, far below the N10b Aliko gave
to victims of flood disaster sometime ago.
Also with just N15b today, you can pocket the whole of Skye(+Mainstreet) Bank
and walk away.
And these assets are all set to become even cheaper tomorrow.
What is happening? Opportunity to keep buying or time to run?
For a chronic trader like me, the challenge is identifying the bottom of this rout in order to strike hard.
With Diamond @1.90, transcorp @1.04, oando @4.19, elephant @3.61, serious wealth is changing hands.