Onuokwu:
Interesting Article though the Bank is now extinct

https://cashmoneyfocus.com/diamond-bank-as-the-curtains-fall/

rebekah2011:
As fundamentally sound stocks becomes cheaper. Please plan to acquire more of them, avoid averaging down on struggling entities.
Is Guinness, Nigerian Breweries, UACN, Flour Mills okay to buy now? Or should one just target getting more of Zenith UBA Gtbank etc.

ukay2:
Can Caverton reach km 2.3?

Cc:rebeckka, swilo, mendes, chibuking

rebekah2011:
Anything is possible on the NSE. Maybe or maybe not. If you are interested in the stock. You will need to look at it viz a viz other better stocks.
It is even remarked as being Below Listing Standard because of the issue of free float.

ukay2:



For me UBA and ZB is good for now....but ZB may get to km18....uba km5

....have free "cutlass" for caverton....hoping it will get lower....

ukay2:



Please explain more on the bolded....it got me worried when i wanted to buy it......

Thanks

rebekah2011:
Listed coys must have 20% of the outstanding shares available for the public to trade. The family alone holds 84%.

maishai:
Could the bear market be as a result of exxon announcing plans to leave Nigeria........

GonFreecss1:


Nope. Exxon is just part of the symptoms. Many companies have been leaving for a while. GSK plans to sell their plants, Accenture is leaving.

The Nigerian economy is sick due to unhealthy policies, this companies leaving and the NSE going down is just a symptom.

GonFreecss1:


Nope. Exxon is just part of the symptoms. Many companies have been leaving for a while. GSK plans to sell their plants, Accenture is leaving.

The Nigerian economy is sick due to unhealthy policies, this companies leaving and the NSE going down is just a symptom.

rebekah2011:
As fundamentally sound stocks becomes cheaper. Please plan to acquire more of them, avoid averaging down on struggling entities.
Is Guinness, Nigerian Breweries, UACN, Flour Mills okay to buy now? Or should one just target getting more of Zenith UBA Gtbank etc.

locodemy:


The way I see this market now,the only thing that can stop the bleeding is releasing of Q1 results.

Maybe the unhealthy policies might be eradicated before half year results.

Since yesterday,I have not been myself due to excessive money I have put into this market hoping for a better return in the nearby future.Now my business is shaking seriously as a result of this action.

I know other people here are having similar issues now unless those who have mouth and no portfolio.

Imagine Transcorp coming back to #1,zenith #18,Fcmb #1.50.
And may even go below these prices if no intervention.I think I will be going off from the forum from now until my portfolio is back again.

locodemy:


The way I see this market now,the only thing that can stop the bleeding is releasing of Q1 results.

Maybe the unhealthy policies might be eradicated before half year results.

Since yesterday,I have not been myself due to excessive money I have put into this market hoping for a better return in the nearby future.Now my business is shaking seriously as a result of this action.

I know other people here are having similar issues now unless those who have mouth and no portfolio.

Imagine Transcorp coming back to #1,zenith #18,Fcmb #1.50.
And may even go below these prices if no intervention.I think I will be going off from the forum from now until my portfolio is back again.

locodemy:


The way I see this market now,the only thing that can stop the bleeding is releasing of Q1 results.

Maybe the unhealthy policies might be eradicated before half year results.

Since yesterday,I have not been myself due to excessive money I have put into this market hoping for a better return in the nearby future.Now my business is shaking seriously as a result of this action.

I know other people here are having similar issues now unless those who have mouth and no portfolio.

Imagine Transcorp coming back to #1,zenith #18,Fcmb #1.50.
And may even go below these prices if no intervention.I think I will be going off from the forum from now until my portfolio is back again.

Chibuking81:

Every investors and traders are affected, Zenith might enter #19 today, FCMB #1.6, Transcorp #1.05 if Zenith and GTB drop to #19 and #33, other stocks will follow. But they will soon build their support, and wait for q1 to move up.
Market will bounce back before the end of this month, and this year will end with bull.

aremso:


Thanks King Chibu for this hope and encouragement you are giving us

locodemy:


The way I see this market now,the only thing that can stop the bleeding is releasing of Q1 results.

Maybe the unhealthy policies might be eradicated before half year results.

Since yesterday,I have not been myself due to excessive money I have put into this market hoping for a better return in the nearby future.Now my business is shaking seriously as a result of this action.

I know other people here are having similar issues now unless those who have mouth and no portfolio.

Imagine Transcorp coming back to #1,zenith #18,Fcmb #1.50.
And may even go below these prices if no intervention.I think I will be going off from the forum from now until my portfolio is back again.

rebekah2011:
Listed coys must have 20% of the outstanding shares available for the public to trade. The family alone holds 84%.

GonFreecss1:


Nope. Exxon is just part of the symptoms. Many companies have been leaving for a while. GSK plans to sell their plants, Accenture is leaving.

The Nigerian economy is sick due to unhealthy policies, this companies leaving and the NSE going down is just a symptom.

mendes911:


Chief,

You are old enough in this business to know that it's all about a cycle. Luckily enough, you are in stocks with good fundamentals. You really have nothing to worry about. Transcorp at N1 will be an opportunity for you to load more and more. Mind you, Transcorp's drop of yesterday was because of that entity that offloaded all at once, else Transcorp hardly drops like that in a day. FCMB MM might wake up tomorrow and drive things up. Zenith doesn't stay down for so long. I think you are good shaaaa.

austinkenneth:


Buy more or average down with which money? One's money is not infinite. What he is simply saying is that he is fully invested.

That is my predicament also despite being a member of the bonanza gang.

Now, the bonanza is here but I had earlier invested (and therefore taken a hit)

ndidigood:
really?when u guys quote prices for here,una forget pple bott doz stock higher than wot u quote
Feels good right?

mendes911:


ChiBuKing is dishing out all these encouragement because he's presently in the market. Else, he would have been screaming Bonaza Bonaza Bonaza! Wait till he finds a way out.

locodemy:


The way I see this market now,the only thing that can stop the bleeding is releasing of Q1 results.

Maybe the unhealthy policies might be eradicated before half year results.

Since yesterday,I have not been myself due to excessive money I have put into this market hoping for a better return in the nearby future.Now my business is shaking seriously as a result of this action.

I know other people here are having similar issues now unless those who have mouth and no portfolio.

Imagine Transcorp coming back to #1,zenith #18,Fcmb #1.50.
And may even go below these prices if no intervention.I think I will be going off from the forum from now until my portfolio is back again.

mendes911:


ChiBuKing is dishing out all these encouragement because he's presently in the market. Else, he would have been screaming Bonaza Bonaza Bonaza! Wait till he finds a way out.

mendes911:


I will take it that you don't know High Chief Loco. He's one of our deep pockets here. Him and TriTri NEVER runs empty.