kokobaba:

There is still room for upside on many stocks. I believe stocks like fbnh, dangote flour, dangote sugar,fcmb,diamond, sterling,transcorp will still appreciate. Even dead stocks like Skye are going on full bid and capable of doing 100%. due diligence advised

Kashif:


Thanks. I may not want to load more on Diamond considering what I have been reading, though something might have sparked investors' appetite there.

I will look at fbnh and DF.

sky2891:

Please, can you share what you have been reading about Diamond bank?

Kashif:


Liquidity problems, poor or non-existent dividend, toxic loan exposures. .....

Agbalowomeri:
@fxuser:

What do you think the amazon monthly chart would be saying between 2014 through 2016?
I think this is more akin to hindsight is 20-20. The inactive investors many times make the most returns. That is not to say they were following the trend. I am very sure the monthly chart would have been screaming sell or at best neutral between those three years.

kokobaba:
A bull market typically creates opportunity for money to be made in so many companies including dead companies. But we have to be careful and know when to exit, take profits from these dead companies and move on. Amazed to even see some long forgotten insurance companies going on full bid. Stock market na wao.

DeRuggedProf:

https://www.youtube.com/watch?v=Pz_9VsW869Y

Coolcash1:
During bull seasons, it's allowed to do stunt with some "touch not" penny stocks. More often than not, if you play smart, you run away with hefty loot.... ..

Newbies please stay-off it. It's purely for the daredevil traders.....

#DangerousJIJO

fxuser:


ur very right boss ..
a red month is a sell for me ... infact if prices drops or is trading below prev monthly close .. arrgh im out oh ... a healthy trend usually takes a month or 2 rest period but me never mature reach dat level , i no like wahala

But once price breaks above that prev highest monthly close we are back in for a ''possibility'' of a fresh move
GTbank , Sugar , Flour and all the big movers all exhibit this same behaviour or let cal dem ''possibilities''

In fact i study GT chart endlessly , once SP broke its prev monthly high after some weeks on consolidation ... it jumps straight ahead for a fresh move.. the 25 to n33 , d N33 to 40 , then 40 to 50 .. amazing stuff

#MegaYearAhead

Kashif:


Liquidity problems, poor or non-existent dividend, toxic loan exposures. .....

mendes911:


Can you explain what leads to a situation whereby a stock continues to drop in price after a period of supposedly consolidation.... What's the trigger?

Kashif:
Na wa for this market. Due to my previous mistakes, I am not sure now where to put my loose cash. In 2016, I bought UCAP and sold within a week or so because I didn't understand their business.

Took a plunge into Diamond, which only turned green last week. I also have Skye

If I had stayed with UCAP like I was advised, I would have been 120% up at least.

My fingers are itching again, even though I have better control now.

Let me just declare that I am confused on what to buy! Fundamentally sound stocks are looking to be at their fair prices already.

GANDALF1:


You are correct. show below is a portfolio adjustment of MSCI Nigeria ETF fund. Then imported more cash to load more equities. We ain't seen nothing Yet.

GANDALF1:


You are correct. show below is a portfolio adjustment of MSCI Nigeria ETF fund. Then imported more cash to load more equities. We ain't seen nothing Yet.

Deadlytruth:


To make profit in the Nigerian Stock Market you need to approach it like you are playing Nigerian politics where there are no permanent friends nor enemies but permanent interest.
The quoted companies are the parties, you are the politician while fundamentals, market situation, prevailing investor sentiments, etc are the voters. the difference here is that you can belong to more than one party at a time.
So once a stock you are friends with is obviously no longer going to serve your ultimate investment interest, there is nothing wrong with defecting to any other one.
It is however also necessary to do your DD about how much your permanent investment interest is realizable in the stock you have chosen to defect to.

fxuser:


200 small oh , dats under a mil usd
dis naira sef

Deadlytruth:


To make profit in the Nigerian Stock Market you need to approach it like you are playing Nigerian politics where there are no permanent friends nor enemies but permanent interest.
The quoted companies are the parties, you are the politician while fundamentals, market situation, prevailing investor sentiments, etc are the voters. the difference here is that you can belong to more than one party at a time.
So once a stock you are friends with is obviously no longer going to serve your ultimate investment interest, there is nothing wrong with defecting to any other one.
It is however also necessary to do your DD about how much your permanent investment interest is realizable in the stock you have chosen to defect to.

deathwing:
Good afternoon guys,

This is a lovely thread, and I joined it to pick up some stock sense, but i must confess that a lot of what you guys are saying goes a bit over my head. I;m trying to look to pointers that will lead me to invest in certain stocks, but I haven't been able to decipher.

I'm not saying you should tell me the stocks to buy, but I'd like your advice on companies to follow/investigate/read up on so as to make my own decision, or upcoming offerings.

Thank you. Great job you're doing.

deathwing:
Good afternoon guys,

This is a lovely thread, and I joined it to pick up some stock sense, but i must confess that a lot of what you guys are saying goes a bit over my head. I;m trying to look to pointers that will lead me to invest in certain stocks, but I haven't been able to decipher.

I'm not saying you should tell me the stocks to buy, but I'd like your advice on companies to follow/investigate/read up on so as to make my own decision, or upcoming offerings.

Thank you. Great job you're doing.

Deadlytruth:


To make profit in the Nigerian Stock Market you need to approach it like you are playing Nigerian politics where there are no permanent friends nor enemies but permanent interest.
The quoted companies are the parties, you are the politician while fundamentals, market situation, prevailing investor sentiments, etc are the voters. the difference here is that you can belong to more than one party at a time.
So once a stock you are friends with is obviously no longer going to serve your ultimate investment interest, there is nothing wrong with defecting to any other one.
It is however also necessary to do your DD about how much your permanent investment interest is realizable in the stock you have chosen to defect to.

fxuser:


See this Amazon ''MONTHLY'' chart . The monthly cant hear d Noise
.. this how these chaps turn 10k usd to 10m usd by sitting still with the trend #MovingOn
. ., FA will be shouting PE too high , price too high umm .
We TA folks need up our game and learn to sit still even more with d trend and never ignore price breaks to new levels as oppurtunites

#ChartStudy #KeepLearning

Agbalowomeri:


Sir, I been wan talk but as I see your moniker I postrate oh. Wehdon sir how family?

RabbiDoracle:


12,950 naira.

Well don sir!

Coolcash1:


Na so I just dey laugh the guy... when real men they wear Tom ford Oud wood, tobacco vanille, Creed Aventus et al he is advertising "danjualar" perfume....

Deadlytruth:


To make profit in the Nigerian Stock Market you need to approach it like you are playing Nigerian politics where there are no permanent friends nor enemies but permanent interest.
The quoted companies are the parties, you are the politician while fundamentals, market situation, prevailing investor sentiments, etc are the voters. the difference here is that you can belong to more than one party at a time.
So once a stock you are friends with is obviously no longer going to serve your ultimate investment interest, there is nothing wrong with defecting to any other one.
It is however also necessary to do your DD about how much your permanent investment interest is realizable in the stock you have chosen to defect to.

DeRuggedProf:

https://www.youtube.com/watch?v=Pz_9VsW869Y