ArcFresky:
I want to buy shares, can someone point me in the right direction?

Go through the first pages of this thread. The answers you seek are there. Goodluck

Oil prices going close to $70 / over on fresh attack

ukay2:
Where are Ogas....Ihedioramma ,Angeloe and Chibuking?

Hope there are in this Party.....


My regards to you guys.

SIR,We are not guys . one love .

People are going to make a lot of money trading oil this period.
Let's see how NSE responds. I hope the bull doesn't retreat.

RabbiDoracle:
Start reducing portfolio exposure and hold little cash if you are on stocks that font pay Dividends.

Those that pay Dividends far above 10%. Hold tight. Or if you are in almost 100% in banks like me, then try holding 20 to 40% cash.

Goodluck guys.

As earlier advised, increase your cash holding to 50% - 70%.

Goodluck guys.

RabbiDoracle:


As earlier advised, increase your cash holding to 50% - 70%.

Goodluck guys.

Because massive pull back is on the way and might happen fast than expected.


I feel you bro.

Yours truly also reduced his exposure CONSIDERABLY yesterday leaving just few stocks in my portfolio.

PBs are welcome at this time for fresh re-entry....

lancee:
Oil prices going close to $70 / over on fresh attack

Pray it crosses that mark and stays there so that I can get Wigwe off my back....lip sealed!

RabbiDoracle:


As earlier advised, increase your cash holding to 50% - 70%.

Goodluck guys.

Guy, pls mind this advice!!! It is not always helpful. Encourage everyone to have exit plan is better.

Nobody knows anything!

currentprice:


vitafoam is good at cp but if u see it lower no problem but all i know is d stock is currently selling at grave discount based on d latest numbers o

imagine roe of 40, good cash in place, history of dividend and so on

anyway Q1 will touch light more details needed

the fp is too much to post to avoid stoning

Please I sent a DM. Kindly respond. Thanks

The unpredictability of this market is unrivalled. No one can predict the market accurately. I believe that the bull still has a long way to go. If you have doubled your investment within these few days, you can become a little more greedy by looking for another 100% or 150%. I will wait to collect dividend on all my investments before I exit this year. In fact, Q1 will determine the direction I will go this year.

sellydion:


Guy, pls mind this advice!!! It is not always helpful. Encourage everyone to have exit plan is better.

Nobody knows anything!

NSEMPA mood rightnow

sorry @ mercy , just reading ur post of last nite. too lazy this days to go back and read the missing post ni

ETI is selling at discount. little problem here is cash but thatz not only ETI prob. fcmb , fidelity, fbn & co also struggling for cash

currentprice:
sorry @ mercy , just reading ur post of last nite. too lazy this days to go back and read the missing post ni
ETI is selling at discount. little problem here is cash but thatz not only ETI prob. fcmb , fidelity, fbn & co also struggling for cash

Hhmmm, too much oyel moni
Thanks. What do you think the fair price is?

Market opened on a very good level.......prices looking up so far.....

UBA doing 8.60 as at now
Fbnh, vexing....7.45 now
Wapco, ETI, Zee.... Doing well.....

Updating........

Mcy56:
Market opened on a very good level.......prices looking up so far.....

UBA doing 8.60 as at now
Fbnh, vexing....7.45 now
Wapco, ETI, Zee.... Doing well.....

Updating........

opening Bull

Fbnh don waka from original price

UBA now N8:90 and still counting.
Jejebaba mood rightnow

fxuser:
Wapco
- N14 broken after much range drama
- driver is ready

- FF thru
- trigger buy early

#Swing BUY

lancee:
opening Bull

UBA, Elephant and Wapco, na dem dey vex pass so far...
Access .....joining the race....slowly.....

fxuser:


ETI update
- late starter but nice ff thru

- bounce, ff thru , ff UBA

swingBUy

fxuser:

loll if entry is tricky , exits senior am

You mean stop loss is not an exit strategy?

PETERiCHY:
UBA now N8:90 and still counting.Jejebaba mood rightnow

What of Loco's mood on Wapco?

Coolcash1:


Because massive pull back is on the way and might happen fast than expected.


I feel you bro.

Yours truly also reduced his exposure CONSIDERABLY yesterday leaving just few stocks in my portfolio.

PBs are welcome at this time for fresh re-entry....

why is massive pull back on the way how much upsurge have we seen?

Mcy56:

UBA, Elephant and Wapco, na dem dey vex pass so far...
Access .....joining the race....slowly.....

u right ..watching

Onifa, what said thou UACN? Is it a good at km 8??

Mcy56:
Market opened on a very good level.......prices looking up so far.....

UBA doing 8.60 as at now
Fbnh, vexing....7.45 now
Wapco, ETI, Zee.... Doing well.....

Updating........

Please keep up with the commentary. I dey enjoy am. I no dey even go portal to check too much again.

FBN
- una no go leave me behind
- oya

#swingBUY

ihedioramma:
SIR,We are not guys . one love .

The Big daddy! You will never change! Where have you being? You mean you've been on silent mode in this forum, until someone call you guy ? I've really missed you. Welcome to the party. It's becoming more inclusive, vivacious, intriguing and interesting.

RabbiDoracle:


As earlier advised, increase your cash holding to 50% - 70%.

Goodluck guys.

One would've thought that by now u will be lying on ur mattress, watching TV and sipping from a warm cup of holix drink until August/September 2020. ...or maybe take a break from the mkt and go on a vacation as u earlier asserted.
Pls calm down bro.

The pointers at this time, means that there'll be less likelihood for downside and more headroom for upside.
The feasible yield(dividend cashflow) from sound coys as against the much lower fixed space alternative, rising oil price(which signals that the government may have to borrow a little less in the short term), lower rate environment and near earnings season means that more funds will as a matter of fact find their way in than out.(inflow-outflow peg)
While I agree that there are concerns sorrounding the macro end of the economy(the result of long standing policy flip-ups from our leaders), the points noted above still presents a high arbitrage opportunity margin to tap from in the equity market space. ...particularly in the short term.
Our foreign brothers like that. It might interest u to know that one of their KEY reason for avoiding the mkt, is the believe that our present currency value is not a true reflection of the economic realities on ground. ...however that concern(though still there) has been suppressed by recent plays from the monetary policy end(thanks to the cbn) and relative stability(now rise) in oil peg.
I can confirm that one of our foreign brothers are in our midst. However, I believe there's a ploy(helped by the MM folks) to buy strategically and not overpay to get better value for their money.
That explains why u do not see ur much desired 10-10% rise. Everyone is becoming wiser. I am sure that if u were an FPI/HNI, u wouldn't go about throwing money around buying up coys with every 10% rise.

In all, I think ur advise to folks should rather be to have a plan and do well to stick religiously to it. ...more like following through with their laid out strategy(everyone should have one)
Personally, I also sold down(40% downsize)on my ACCESS @ N11 the last time it attained that high. But I did it, not because I felt I could time the mkt or outsmart it, but because there was a need to rebalance the portfolio at the time.
Overtime I have learnt that the mkt will ALWAYS have a mind of its own.
Our duty is not necessarily to try to interpret it but to have a personal strategy to follow through with what it interprets at any given time(trend).
...and at the moment, the mkt interprets a BUY more than a sell.
The KEY is to always ensure we BUY right !!

Regards

lancee:
Fbnh don waka from original price

Will u pls leave FBNH alone !!
...that 'dude' is on its way to breaking its last 52-weeks high(N9). It's only a matter of time !!

It is well.

CashDiMkpa:
Please keep up with the commentary. I dey enjoy am. I no dey even go portal to check too much again.

Lol.
Shey you don pay your tithe?

onegentleguy:


Will u pls leave FBNH alone !!
...that 'dude' is on its way to breaking it 52-weeks high(N9). It's only a matter of time !!

It is well.

Watching ..That will be interesting