All the gains in DANGCEMENT is almost gone o. I just tire, whether na to sell or buy more. What kind of market be this na?

From 16% all the way down to 5%, I go run out of this one o. Or maybe he don late...

ositadima1:
From 16% all the way down to 5%, I go run out of this one o. Or maybe he don late...

JIRO....Jump In, Run Out

It's well

ositadima1:
From 16% all the way down to 5%, I go run out of this one o. Or maybe he don late...

5 weeks late

ositadima1:
All the gains in DANGCEMENT is almost gone o. I just tire, whether na to sell or buy more. What kind of market be this na?

What I am doing this week is what I should have done beginning of the year. Invest some funds in crypto.

Even the small gain from the market if any is getting wiped out by the Naira downtrend.

I no get energy this second half...Crypto all the way

thesilentone:


5 weeks late

It was actually 29%, I bought at 116 and it traded up to 147 for days in huge volumes. I could have offloaded all of it. Now, 24% gone into the wind.

I no too blame my self sha, I bought it for long term back then. Plus, Afriprudential registrars refused to process my e-mandate and dividends on time. Imagine, I was just receiving my dividends a few days ago.

Funny thing is that it doesn't seem like this downturn is ending anytime soon, prices may revisit the previous lows.

In western markets sometimes people buy options to manage risks. Our NSE is kinda primitive.

leo1234:


Just 3 Kobo

The fair price should be 30 kobo.

Abeg, help a brother beat it down to 30k. I go appreciate am well well

ositadima1:


It was actually 29%, I bought at 116 and it traded up to 147 for days in huge volumes. I could have offloaded all of it. Now, 24% gone into the wind.

I no too blame my self sha, I bought it for long term back then. Plus, Afriprudential registrars refused to process my e-mandate and dividends on time. Imagine, I was just receiving my dividends a few days ago.

Funny thing is that it doesn't seem like this downturn is ending anytime soon, prices may revisit the previous lows.

I am still waiting for them to pay said dividends.

arduino:


Abeg, help a brother beat it down to 30k. I go appreciate am well well

Easier said than done.
I can assure you that if the stock goes on straight full offer for one week you will avoid it @20 kobo.
Not quite long it was available at 40 kobo but people refused to buy.

ositadima1:


It was actually 29%, I bought at 116 and it traded up to 147 for days in huge volumes. I could have offloaded all of it. Now, 24% gone into the wind.

I no too blame my self sha, I bought it for long term back then. Plus, Afriprudential registrars refused to process my e-mandate and dividends on time. Imagine, I was just receiving my dividends a few days ago.

Funny thing is that it doesn't seem like this downturn is ending anytime soon, prices may revisit the previous lows.

We sometimes need to learn how to take profit...
As soon as we have a decent gain...
I will have sold at least 20 to 30 percent...
Of your Dgte Cement holdin from your above analysis......
And move it to another asset class...
And leave the remainin... 70 percent
Dis mkt get as e bee...

DangCement had been selling around 123 for weeks now, to see a buying volume at that price looks like good thing to happen. Hope for upward movement soonest.

stcool:


What I am doing this week is what I should have done beginning of the year. Invest some funds in crypto.

Even the small gain from the market if any is getting wiped out by the Naira downtrend.

I no get energy this second half...Crypto all the way

Are you done with Sterling? Hope you have a target holding period there?

ositadima1:


It was actually 29%, I bought at 116 and it traded up to 147 for days in huge volumes. I could have offloaded all of it. Now, 24% gone into the wind.

I no too blame my self sha, I bought it for long term back then. Plus, Afriprudential registrars refused to process my e-mandate and dividends on time. Imagine, I was just receiving my dividends a few days ago.

Funny thing is that it doesn't seem like this downturn is ending anytime soon, prices may revisit the previous lows.

Buy more

ositadima1:
All the gains in DANGCEMENT is almost gone o. I just tire, whether na to sell or buy more. What kind of market be this na?

Hold your ground.

Don't be like tortoise that had been locked in latrine for long........ (act on the igbo proverb).

Look well and see what the market is doing.

ositadima1:


It was actually 29%, I bought at 116 and it traded up to 147 for days in huge volumes. I could have offloaded all of it. Now, 24% gone into the wind.

I no too blame my self sha, I bought it for long term back then. Plus, Afriprudential registrars refused to process my e-mandate and dividends on time. Imagine, I was just receiving my dividends a few days ago.

Funny thing is that it doesn't seem like this downturn is ending anytime soon, prices may revisit the previous lows.

I will tell you when to sell.

I believe the fall is over for it (for now) . I expect an upward trend.

onegentleguy:


Impact may have been priced into the equity peg for the most part.
...I don't see it dropping that low.
But then again, everything is often possible in the stock market.

Selah

A N17 price could come first before it drops. But if it falls, then it is result scattering the rise.

But the normal thing is a retest of 17+ first. Traders will do as if they are blind and not seeing the result

Mcy56:


Even your humble self will stone me if I make such comparison.

Meanwhile, Zee support broken at 15.60...........now 15.50......

Sister Mcy wetin I go do o
After several buying and selling for profit ..Zee don get me this time around locked me at 16.69 ...I just dey look for now ..Hope the thing no go go back to 11 ...Watching

Stocks with new 52 week lows
International brew #3.45k
Eterna plc #1.80k

US stocks are more volatile compared to Nigerian stocks. Imagine, gaining over 200% by a penny stock in a single trading day.

lancee:



After several buying and selling for profit ..Zee don get me this time around locked me at 16.69 ...I just dey look for now ..Hope the thing no go go back to 11 ...Watching

but KM 11 will not be a bad idea nah

Ibrahim505:
US stocks are more volatile compared to Nigerian stocks. Imagine, gaining over 200% by a penny stock in a single trading day.

You can't trade this with our fintech apps nau

aremso:


but KM 11 will not be a bad idea nah

Not bad Oga mi .
Have prep for that .. That’s why I didn’t wanna buy more for now .. Going lower will be good if that’s the way it’s gonna go .. Then I can get a good deal

Did that last time after div when it went down to 11

lancee:


Sister Mcy wetin I go do o
After several buying and selling for profit ..Zee don get me this time around locked me at 16.69 ...I just dey look for now ..Hope the thing no go go back to 11 ...Watching

Hope you now see the problem with JIJO?

Are you not vomiting your gains now?

lancee:


Not bad Oga mi .
Have prep for that .. That’s why I didn’t wanna buy more for now .. Going lower will be good if that’s the way it’s gonna go .. Then I can get a good deal

Did that last time after div when it went down to 11

Not true.

You are not prepared for it. You got trapped

Loco got trapped in Fidelity at 1.70 and he kept quiet.

The truth is that most of you that do JIJO only come to say it when you successfully exit. When you get trapped, you become ghost

Ibrahim505:
US stocks are more volatile compared to Nigerian stocks. Imagine, gaining over 200% by a penny stock in a single trading day.

Then imagine if the stock does 98% in reverse?

lancee:
Sister Mcy wetin I go do o
After several buying and selling for profit ..Zee don get me this time around locked me at 16.69 ...I just dey look for now ..Hope the thing no go go back to 11 ...Watching

Lol. Nothing do you bros. Na Siddon look many people dey now, including jijoists self.
Hope you're good.

ositadima1:
From 16% all the way down to 5%, I go run out of this one o. Or maybe he don late...

Thought you sold already?
You mentioned that you set a limit at 145 sometimes ago, that we even said you should be careful of using "good till fill"......and dangcem touched 147/150 thereafter........or is this another trip?

arduino:
Abeg, help a brother beat it down to 30k. I go appreciate am well well

Lol.

Mcy56:

Thought you sold already?
You mentioned that you set a limit at 145 sometimes ago, that we even said you should be careful of using "good till fill"......and dangcem touched 147/150 thereafter........or is this another trip?

Not me.