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Stats: 2,714,911 members, 6,416,121 topics. Date: Sunday, 01 August 2021 at 07:36 PM
|Re: Nigerian Stock Exchange Market Pick Alerts by yazga: 2:46pm On May 04|
|Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:03pm On May 04|
And some persons were waiting for this same stock @ N2, some N4 and 3, and a few others @ 59k and 31k respectively.
...but FBNH had other plans.
What a world we live in!
Lesson; Never try to time the market.
...especially when u see a coy where a would-be healthy margin of safety already supercedes or matches its surrounding risk + asset price.
FBNH have been improving in the Nos in their financial print.
Might be a bit too early to draw conclusions, but it does seem that those who keyed in @ Fridays low may have done themselves well. ...congratulations!
|Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:11pm On May 04|
No surprises if FBNH overtakes UBA(but not access) in price.
Highlighted it here back then. (refer to one such post above)
Everything is in the financial print.
UBA needs to improve. It's a shame because they ought to be ahead of fellow P2P... ACCESS and FBNH considering where they are coming from. (down of the millennium in view)
With UBA, some things were not done right in 2020. ...particularly in the last 3 quaters of that yr.
As I said before now, H1 2021 will help nail down certain lines in their books and bring more clarity to the table.
|Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:50pm On May 04|
As I told some folks;
Btw HONEYWELL and FBNH, the former will bear more of the brunt in light of the the recent CBN/FBNH management brouhaha.
Yes FBNH may not recover all the loans from HONEYWELL. (some or all the funds might end up been impaired)
Notwithstanding, the bank does appear to have since moved on. Without the loan there has been a remarkable improvement in the banks Nos considering where they are coming from. ...aside this case, we all know that the bank have seen much worse.
But if they do recover some or all the funds, then all the better.
This is where I love ACCESS bank. Mr Otu... would sure have had it rough!
All that needs to be done now (in FBNH) is to rid out the bad eggs so the current growth trajectory can be sustained without been infested.
|Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 5:20pm On May 04|
Please give your "current" opinion/perspective on insurance stocks..
The ones with best prospects in terms of bonus shares, dividend and capital appreciation...
|Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:22pm On May 04|
Is it available online?
|Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:26pm On May 04|
Of course Honey well will suffer for this.
There are lots of investors willing to buy FBNH even in it worst state.
|Re: Nigerian Stock Exchange Market Pick Alerts by moneymanager: 5:46pm On May 04|
|Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 5:53pm On May 04|
sonofElElyon:I already did enough brief on that sector.
Pls kindly surf through my past post... beginning from the link above, down to the present.
Try and read between the lines.
|Re: Nigerian Stock Exchange Market Pick Alerts by Oyindamolah: 6:00pm On May 04|
Still a big fan of this statement for other other stock markets, but yet to be able to confidently say it works in the NSE. Some Nigerian stocks have just been falling down a cliff for years. I don't know why Nigeria has to always be a problem lol. Imagine tying to cost average a stock that keeps going down. I still want to go in the NSE though, long-term minimum 10 years, dividend stocks only, hopefully the future is bright.
|Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 6:30pm On May 04|
Lol that stock, seems I still have tashere units in my account.
Someone suggested a big entity could be buying up first bank shares, could that be true
|Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 7:00pm On May 04|
Remember this post? Well the strategy spat out MANSARD, I followed it and made 450k or there about from d 1 mil invested.
Ok, d strategy was supposed to work out a ticker every quater. Well, last one was supposed to be April but I missed it. It actually chose Japaul Gold but I was working remotely and couldn't buy it.
Well, I tweaked d strategy some to generate tickers every month, meaning that my new holding time is one month max.
Strategy told me to go long on Guinness and that is what I tried to do today. I was able to buy 21,837 shares @27.5 out of required 36,000 units. Probably make it up tomorrow. Let's see howmuch I will gain or loose by month end. I will probably sell if I hit +30% sha.
|Re: Nigerian Stock Exchange Market Pick Alerts by 119mba(m): 7:14pm On May 04|
|Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 7:41pm On May 04|
Okay.. thought there might be updates you want to make..
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 8:54pm On May 04|
Qualification Date: 5th May, 2021
Registrar: Cresent Registrars
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 8:57pm On May 04|
ebuka1997:Those moves since Friday looks suspicious. The person may or may not be right.
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 9:04pm On May 04|
jideflash:This looks more like it.
|Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 3:14am On May 05|
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|Re: Nigerian Stock Exchange Market Pick Alerts by Truth234(m): 8:13am On May 05|
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|Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:54am On May 05|
|Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 9:01am On May 05|
This is not a disputable issue nah.It is BTW you and them to resolve.
In my own case my account was credited twice after making payment. I used the money immediately and made my 10% then. It took 8days for them to realise the error and corrected it. In all I made a significant profit on the deal.
|Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:08am On May 05|
pls unquote me
|Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:10am On May 05|
|Re: Nigerian Stock Exchange Market Pick Alerts by seemples(f): 9:11am On May 05|
Chaiiii! Nwa ekwensu!!!
|Re: Nigerian Stock Exchange Market Pick Alerts by EchoLima262: 10:17am On May 05|
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:42am On May 05|
Full bid @58k
Marked down for dividend and bonus on 4th of May 2021......to open @53k....
Awaiting Cornerstone result.....
ACCESS: Getting set to give gap to FBN/UBN? Trying to show she's still in charge? Watching.....
MTNN marked down for Dividend today....
@intendy compliment of the season!
|Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 11:03am On May 05|
It is only one person that sets the linkage at full bid. He placed his order twice. If he removes his order, linkage will trade at below 50kobo.
Any person buying now should consider the liquidity of this stock especially now the dividend and bonus is over.
Don't go and buy Kpomo.Trade cautiously and watch also the technicals.
|Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:09am On May 05|
I think they even reported a loss in their Q1, 2021 result. The price is coming down to 25kobo
|Re: Nigerian Stock Exchange Market Pick Alerts by yazga: 11:14am On May 05|
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:26am On May 05|
Loco are you the person?
Someone wishing to pick 15M bulk units @58kobo sure knows why he/she wishes to buy.
Recapitalisation is there if bonus/dividend is over........
Anyway, I just reported what's happening in the market, it shouldn't be taking as any form of advice.
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:30am On May 05|
This could be the reason for the sell off being witnessed
Let them keep it coming down......Bargain hunters keep eye on this space.....
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