bigjay01:


I hear you

NSE has been generally good. The likes of UBA (picked a lot at 2.97), ZB, flourmills, Nascon, AIICO, Dangflour, Dangsugar NEM (currently at an average of 28k/share) amongst others have more than outperformed any inflation or exchange rate differential you can think of.

The major mistake of 2008 was shooting first and asking questions later (compounded by the absence of online self trade). It was also not helped by the cheap money available in this clime especially post credit crisis of 2007 (0% 3 year deals etc).

It has been generally good, but as an Igbo man that does not like loosing a penny , I believe I sometimes overemphasise the losses than the gains.

Online trade is the real deal now....Analog brokers almost frustrated me out of this business

Surprised you didn't add UCAP to your catalog...knew when we were buying them at 90k then, still pick some units at N2 two years ago...

Your analysis then on Dangflour was the bump shell....riding it from N3 to N24 was so sweet

NSE has been a blessing to those that never given up despite the challenges we see sometimes

megawealth01:
Let's hope it gets to #3

Onye oshi

samguru:



@locodemy you tin say we no know ur looting parole on d floor of NSE


I go blow whistle ooooo

On a serious note,I need it badly

Stock with new 52 week lows
Daarcom #0.27k
Stocks with new 52 week highs
Regency alliance #0.33k
Wapic #0.55k
Livestock #2.11k
Champion brew #1.35k
Royal #0.34k
Linkage #0.69k
Japaul #1.52k
Flourmill #32.80k
Niger insurance #0.26k
Sovereign #0.26k
Academy #0.39k
Mutual benefit #0.42k
Veritas kapital #0.25k
United Capital #5.29k
Mtn #170.00k
Vitafoam #9.05k
Nascon #17.55k

Nobody is seeing oando as a gold

Intendy:
Stock with new 52 week lows

Daarcom #0.27k

Stocks with new 52 week highs

Regency alliance #0.33k

Wapic #0.55k

Livestock #2.11k

Champion brew #1.35k

Royal #0.34k

Linkage #0.69k

Japaul #1.52k

Flourmill #32.80k

Niger insurance #0.26k

Sovereign #0.26k

Academy #0.39k

Mutual benefit #0.42k

Veritas kapital #0.25k

United Capital #5.29k

Mtn #170.00k

Vitafoam #9.05k

Nascon #17.55k

See list of insurance stocks.
I don't know why I hate those stocks.

locodemy:


See list of insurance stocks.
I don't know why I hate those stocks.

Are many companies buying more insurance policies post ENDSARS protest/destructions?

ukay2:


Are many companies buying more insurance policies post ENDSARS protest/destructions?

CBN monetary policy is responsible for the bullish market.

Briscoe PLC was also attempting to jump out from the 20 kobo cage today

samguru:


CBN monetary policy is responsible for the bullish market.

Briscoe PLC was also attempting to jump out from the 20 kobo cage today

And the bull may continue for a long time when the monitoring policy will favour fixed income market

But why the rise of insurance equities recently?

austinkenneth:
Mutual Benefits appears to be on steroids. People have finally realised the value here. This stock traded at N0.20 with no takers, at a P/E of less than 1 [b][/b]for months.

I'm not giving up my shares until N1.00

SMAN card carrying member

ukay2:


And the bull may continue for a long time when the monitoring policy will favour fixed income market

But why the rise of insurance equities recently?

Those that were in the market post banks consolidation will understand what is happening currently in the market.

The stocks that were dead beyond resurrection received lives and jumped of the grave,but when the Kasala burst, all the fundamentally sound stocks almost entered the grave with them.

This is the time to be extremely careful as some gullible investors will be stuck in some of these dead stocks

Deadlytruth:


Honestly I wondered how come it took the market this long to discover the excellent P.E. value of that stock.

Eyes don clear now

Deadlytruth:


Honestly I wondered how come it took the market this long to discover the excellent P.E. value of that stock.

This same stock had over 8M units(block) on offer at 0.20 in one day like that, can't really remember,people just look away

what's your target price?

locodemy:


NSE is a place of ojoro
See how they caused panic on the stock.
I thought there will be announcement of reconstructions hence the reason why people were selling at 0.93/95.Anyway Transcorp achieving two things in recent time is a plus to the shareholders. If all these latest info is factored in, by the end of Q2,the top and bottom lines of the stock will rise and the share price will also go up even above 100% from the current price.

Good luck to those who did not sell. I will join the train when I see the numbers I am looking for in the company.

ukay2:


Online trade is the real deal now....Analog brokers almost frustrated me out of this business.

Surprised you didn't add UCAP to your catalog...knew when we were buying them at 90k then, still pick some units at N2 two years ago...

Your analysis then on Dangflour was the bump shell....riding it from N3 to N24 was so sweet

NSE has been a blessing to those that never given up despite the challenges we see sometimes

Per the bolded, you just hit the nail on the head. Those guys so mystified the market by the manner in which they delayed execution of mandates for days running into weeks only for you to later see a trade alert with a buy price well above the price you placed the buy order or a sell price well below that at which you placed a sell order.
In addition, those pre-digital days, one had to physically visit the broker's office to fill a hard copy form for a buy or sell mandate and also to collet a check for proceeds of sales.

locodemy:


See list of insurance stocks.
I don't know why I hate those stocks.

In this Nigerian market one needs not hate or love any company or sector on a permanent basis.

Valueinvestor:

This same stock had over 8M units(block) on offer at 0.20 in one day like that, can't really remember,people just look away

I vividly remember that 8 million units offer day. There was even a day in July last year that the stock inched up by 10% intraday and dropped back almost immediately.

sonofElElyon:
what's your target price?

When I see Q1 and Q2 results.
If they can post 2 digit numbers as profit, I think looking at the business type, it will reach 7-10.

But for now, the stock will rise on the news on the table. It still remain my best Jijo stock of NSE

ebuka1997:


Do you have a twitter account where you post some of these

yinkacrown:

You are adding great value to members of this forum.

I always look forward to your 'Systematic_Trader' posts.

Well done !

The RSI approach is a work in progress, not to be blindly followed o, I post it here so I can get constructive criticism.

Having said that, the strategy is very likely to work this year as it is.

It advised me to buy Zenith when it was 24 and hold for the next 90 days.

In the spirit of the thread's original purpose - Market Pick Alerts.


#systematic_trader

ukay2:


Hope I will bailout this time around N2+....have been in the bus for close to a decade

Doc, this news fit push Transcorp to IPO price. Let's watch and see.
NB: I don't have Transcorp in my portfolio and no money to buy on Monday

9free:

Doc, this news fit push Transcorp to IPO price. Let's watch and see.
NB: I don't have Transcorp in my portfolio and no money to buy on Monday

Your CoronatedWapic is better than TranscorpOIL plc.......so let's see how next week will be.

ukay2:


Online trade is the real deal now....Analog brokers almost frustrated me out of this business

Surprised you didn't add UCAP to your catalog...knew when we were buying them at 90k then, still pick some units at N2 two years ago...

Your analysis then on Dangflour was the bump shell....riding it from N3 to N24 was so sweet

NSE has been a blessing to those that never given up despite the challenges we see sometimes

I have about 40 stock in my portfolio (about 10 are dead, a few will turn +ve this season)
Like I wrote... amongst others (so can't list all)
UCAP is currently amongst the top performers. Been in since 90k. Holding at an average of #1.2

A couple are being held for free when you factor in dividends.

Intendy:
Stock with new 52 week lows

Daarcom #0.27k

Stocks with new 52 week highs

Regency alliance #0.33k

Wapic #0.55k

Livestock #2.11k

Champion brew #1.35k

Royal #0.34k

Linkage #0.69k

Japaul #1.52k

Flourmill #32.80k

Niger insurance #0.26k

Sovereign #0.26k

Academy #0.39k

Mutual benefit #0.42k

Veritas kapital #0.25k

United Capital #5.29k

Mtn #170.00k

Vitafoam #9.05k

Nascon #17.55k

Lol, DAARCOM.

What is Dunlop waiting for?

locodemy:


See list of insurance stocks.
I don't know why I hate those stocks.

Because some went down like a pack of cards and stayed down.
Cap appreciation nada, dividends nada.

samguru:


Those that were in the market post banks consolidation will understand what is happening currently in the market.

The stocks that were dead beyond resurrection received lives and jumped of the grave,but when the Kasala burst, all the fundamentally sound stocks almost entered the grave with them.

This is the time to be extremely careful as some gullible investors will be stuck in some of these dead stocks

It is natural jooo. FOMO at play. When I came in 2007, I remember oga Wanaj0's warning. I ignored it be cause I had the capital and didn't want to miss out.

My warning to new entrants - it is better to play fundamentally solid, dividend paying stock at current prices than to attempt a swim with the sharks. Ask questions 1st before shooting.

Olaide1295:

Alright.
I also think it would lose money in 2018.
March-December last year is basically lowest to highest.

Anyways, can you share the NSE historical data on Kaggle, CSV or sql.
Make I test with Machine learning.

Download the NSE data from the link below, remember to remove the spaces . The longer data set runs from 2012 to around October 2020.

https : //drive . google . com/file/d/1-REWVQZJJ3T3XFi8m-AqIiICHP-BYnGh/view?usp=sharing

I also attached the RSI cumulative returns equity curve. In my last post got stuff mixed up, 2018 was also very bad, in fact the worst.

Would like to see the results from you machine learning if you don't mind bro.

9free:

Doc, this news fit push Transcorp to IPO price. Let's watch and see.
NB: I don't have Transcorp in my portfolio and no money to buy on Monday

You must not be carried away by all the news sorrounding Transcorp. You must also factor in NCI. Transcorp may just be a vehicle used by HH.

What do i know? Am just not getting carried away.

I also have truck loads of Transcorp at an average of #1.78

bigjay01:


I believe they are pumping up the price preparatory to a public/private offering. otherwise where is the money gonna come from?
I have been wrong severally, I may also be wrong this time around

It's obvious for everyone to see. The question now is @ what price.

I think it's only fair to say people will be sceptical with anything jegede especially based on previous experiences. That's why I said in one of my post that the risk to reward becomes higher once it pass #1(I did my buying @37k) and that people should only risk what they can afford to loose.

bigjay01:


You must not be carried away by all the news sorrounding Transcorp. You must also factor in NCI. Transcorp may just be a vehicle used by HH.

What do i know? Am just not getting carried away.

I also have truck loads of Transcorp at an average of #1.78

Make sure you fulfill this when the price gets there

bigjay01:


It is natural jooo. FOMO at play. When I came in 2007, I remember oga Wanaj0's warning. I ignored it be cause I had the capital and didn't want to miss out.

My warning to new entrants - it is better to play fundamentally solid, dividend paying stock at current prices than to attempt a swim with the sharks. Ask questions 1st before shooting.

Good advise... Newbies take note and leave us GAMBLERS alone

ukay2:


Your CoronatedWapic is better than TranscorpOIL plc.......so let's see how next week will be.

Seems you have WAPIC but missed TRANSCORP looking for how to buy from weak hands

Deadlytruth:


In this Nigerian market one needs not hate or love any company or sector on a permanent basis.

Words of wisdom