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Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 3:57pm On Nov 12, 2020
anjilgreat:


As in enh! If not for doggedness during that month, fear wouldn't have allowed me to buy personally.

It's more of the Nigerian factor we find ourselves in. Even the system is an enemy of progress!

It’s the rule, when it’s more than 5% the circuit breaker is triggered

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by zimams: 3:57pm On Nov 12, 2020
I jumped out of my Dangcem at 160 last week.
I wan cry today.. 40 upside since last week...

ukay2:


grin grin grin grin

But anyone that entered Dangcem, Zenith and other fundamental stocks will still continue to chop dividend payments and average down if market crashes soon
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 3:58pm On Nov 12, 2020
sellydion:
All of them are same same Tony, grin


Yes Sir
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 3:59pm On Nov 12, 2020
zimams:
I jumped out of my Dangcem at 160 last week.
I wan cry today.. 40 upside since last week...


While investors are from km 130 to km 200 and still holding even at potential km 250 soon

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:59pm On Nov 12, 2020
Lion123:


PE of 3.95 against GTB's 5.6 means Zee is actually still very undervalued even at current prices. To be honest, most of the banks are still undervalued. One of my ogas in investing says that the minimum price Zee should be trading at, based on fundamentals is N38 upwards. But Nigeria is a strange place, so much that a stock that declared N200b pure profit was trading for as low as N11 in March and people were not rushing it. We'll just wait and see what happens



At N11.00 Zenith Bank a company that made profit after tax of over N200 billion was valued at N340 billion by the market

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:04pm On Nov 12, 2020
sellydion:
All of them are same same Tony, grin


Somehow, but not so.

Tony has less than 10% of UBA , United Capital, APR and about 20% of Transcorp
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 4:05pm On Nov 12, 2020
emmanuelewumi:




At N11.00 Zenith Bank a company that made profit after tax of over N200 billion was valued at N340 billion by the market
Mmmmmm

I think Jimmy increased his Zenith bank shares holding early this year

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by DexterousOne(m): 4:20pm On Nov 12, 2020
ukay2:


While investors are from km 130 to km 200 and still holding even at potential km 250 soon


AMEN!

KM 250 is what we need right now....

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by chibjohn(m): 4:39pm On Nov 12, 2020
Took more risk today by jumping into Fidelity @ 3.02 and Unilever @ 15.75... I know it's a risky move. Life is all about risk. My positions in dansugar, ETI, UBA, GSK etc are making me proud though.
OGG thanks for recommending GSK. It was never on my radar.
I hope this will be a good move too. I just need 20% in them o...
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 4:42pm On Nov 12, 2020
zimams:
I jumped out of my Dangcem at 160 last week.
I wan cry today.. 40 upside since last week...


I jumped into Dangcem today at 200 as nothing dey available again to buy. Make this bull just carry reach N250 for me cheesy cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by anjilgreat(f): 4:46pm On Nov 12, 2020
ebuka1997:

It’s the rule, when it’s more than 5% the circuit breaker is triggered
Okay, that means the loss at March low was not up to 10% for the circuit breaker to be triggered.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ositadiima1: 4:50pm On Nov 12, 2020
arduino:


I jumped into Dangcem today at 200 as nothing dey available again to buy. Make this bull just carry reach N250 for me cheesy cheesy

Caverton, Redstarex and Vitafoam have some potential. Atleast 15% on each.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 4:53pm On Nov 12, 2020
anjilgreat:


Okay, that means the loss at March low was not up to 10%
for the circuit breaker to be triggered.


I rem we mentioned something like that when iNYSE mkt crashed around same period ..but NSE own no triggered that time

Was the market down up to 10% that time ..Am not too sure ..oga mi R.onifa , mcy56 etc will know better

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ositadiima1: 4:54pm On Nov 12, 2020
I was about 30% percent down on Caverton as at last week, today I am just 10% down. I believe by next week I will be green on that one.
Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 4:56pm On Nov 12, 2020
chibjohn:
Took more risk today by jumping into Fidelity @ 3.02 and Unilever @ 15.75... I know it's a risky move. Life is all about risk. My positions in dansugar, ETI, UBA, GSK etc are making me proud though.
OGG thanks for recommending GSK. It was never on my radar.
I hope this will be a good move too. I [b]just need 20% [/b]in them o...

That's how it use to start then one will want to stay for a while more. Good thing is that your prayer point go help mine, by the time you are at 20% as am already in the bus so am with you bro grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 4:57pm On Nov 12, 2020
Bull continues ..be like say i go use style join fidel and dang morrow ..watching as it go be
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:05pm On Nov 12, 2020
The Circuit Breaker protocol was triggered by the increase of the [b]NSE ASI from 33,268.36 to 34,959.39. [/b]The market reopened at exactly 1:25p.m. with a 10-minute intraday auction session, before resuming continuous trading till the close of the day at 2:30p.m.

That's not much
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 5:06pm On Nov 12, 2020
arduino:


I jumped into Dangcem today at 200 as nothing dey available again to buy. Make this bull just carry reach N250 for me cheesy cheesy

Odikwa Risky oo

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by anjilgreat(f): 5:06pm On Nov 12, 2020
lancee:



I rem we mentioned something like that when iNYSE mkt crashed around same period ..but NSE own no triggered that time

Was the market down up to 10% that time ..Am not too sure ..oga mi R.onifa , mcy56 etc will know better

Exactly, I am not sure too.

Just wondering if those full offers then did not take the ASI to a -5% loss for the breaker to be triggered.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 5:08pm On Nov 12, 2020
anjilgreat:


Okay, that means the loss at March low was not up to 10%
for the circuit breaker to be triggered.

Yes
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:08pm On Nov 12, 2020
Should we expect a pull back tomorrow or day after?
The bull is seriously mad though
Does the ASI want to do 100% before year end ni
Re: Nigerian Stock Exchange Market Pick Alerts by Ibrahim505(m): 5:12pm On Nov 12, 2020
anjilgreat:


Exactly, I am not sure too.

Just wondering if those full offers then did not take the ASI to a -5% loss for the breaker to be triggered.
There was less transaction volume and frequency to triggered the circuit breaker threshold then

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 5:14pm On Nov 12, 2020
Agbalowomeri:
Should we expect a pull back tomorrow or day after?
The bull is seriously mad though
Does the ASI want to do 100% before year end ni

BULL that will run till Jaunary 2021.....we never start journey self grin grin

Be fearful when others are greedy

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by anjilgreat(f): 5:15pm On Nov 12, 2020
ukay2:


Yes

Thanks. That means the big caps stocks could have probably played a role for the ASI not to have had a 5% loss.
Re: Nigerian Stock Exchange Market Pick Alerts by anjilgreat(f): 5:17pm On Nov 12, 2020
Ibrahim505:
There was less transaction volume and frequency to triggered the circuit breaker threshold then

Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 5:18pm On Nov 12, 2020
Agbalowomeri:
Should we expect a pull back tomorrow or day after?
The bull is seriously mad though
Does the ASI want to do 100% before year end ni


Bring out your charts I beg grin
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 5:20pm On Nov 12, 2020
pluto09:



Bring out your charts I beg grin

This Burundi Bull will tear any chart apart and keeps moving

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 5:31pm On Nov 12, 2020
ukay2:


This Burundi Bull will tear any chart apart and keeps moving




We have seen it before...
Charts will always say something grin
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 5:47pm On Nov 12, 2020
anjilgreat:


Okay, that means the loss at March low was not up to 10%
for the circuit breaker to be triggered.
Yes I guess so, they just installed it in 2016 or I guess, they just used this to test it lol
Maybe also because of the way the index is weighted, large cap stocks volatility was huge

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 5:48pm On Nov 12, 2020
Pension fund allocation to equity is part of the factors driving this bull

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 5:54pm On Nov 12, 2020
Agbalowomeri:
Should we expect a pull back tomorrow or day after?
The bull is seriously mad though
Does the ASI want to do 100% before year end ni


Should do 25% to 30%

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 5:54pm On Nov 12, 2020
ukay2:


Odikwa Risky oo
Nwannem very risky oooo.... Solely for jijo. Newbies are not advised to do same ooo

2 Likes

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