Without saying too much, they are now at their cost basis. Their next move is what you should watch closely.

BabsO2:


That must be so, for the price to drop all the way from above N30. I looked up what their holdings were some months apart this year and I saw they pulled out a chunk. They have been pulling out from our banks for a long time. I can recall seeing up to 10% total holdings a decade or so ago. Now FBNH is about 1% and the rest are like 3% to 4%.

ASI is sitting on multiyear support BUT the Bulls need to act quickly to keep it there else we go lower from 44k to 42k.

thesilentone:
ASI is sitting on multiyear support BUT the Bulls need to act quickly to keep it there else we go lower from 44k to 42k.

Multiyear support bawo
Oga use monthly time frame joor

You don't agree?

Agbalowomeri:


Multiyear support bawo
Oga use monthly time frame joor

thesilentone:


You don't agree?

I agree with you on this timeframe

thesilentone:


You don't agree?

What's your outlook on Dangote sugar

yMcy56:
UNILEVER
Sighted @10.50 earlier.......
Historical 52weeks low was 11.15.......

A good bargain @10.50?
I think Yes, but only time will tell.......Q3 also.....
*Just my opinion*

...accumulations ongoing in Unilever. IF price ends the week with strong bull, then it's a buy

Seeing higher low across the NGSBanking index, GTCO, Zenith
First breakout above the Ichimoku cloud on the daily
The technical is speaking against my gut
Maybe a short-term bull is around the corner

Agbalowomeri:
Seeing higher low across the NGSBanking index, GTCO, Zenith
First breakout above the Ichimoku cloud on the daily
The technical is speaking against my gut
Maybe a short-term bull is around the corner

...the pullback is expected! General market index is on a strong support. Nice ride for GTCO, Zenith & co.
Agba, this your gut analysis needs to blend with Ichimoku for great results. Weldone sir!

Ekuu Friday Mkt o

$$ Update......in the early hours of 18th Nov.....

NB PLC ......making a reversal......Up with N3.50.....

Agbalowomeri:
Seeing higher low across the NGSBanking index, GTCO, Zenith
First breakout above the Ichimoku cloud on the daily
The technical is speaking against my gut
Maybe a short-term bull is around the corner

the breakout not supported by NGS30, NGSIndex & co. on daily. can the banking go solo or kick start the BULL? only time will tell

I still see ngsindex to go down more,,,, may be to the destination posted before serious bullish.

my opinion.

currentprice:


the breakout not supported by NGS30, NGSIndex & co. on daily. can the banking go solo or kick start the BULL? only time will tell

I still see ngsindex to go down more,,,, may be to the destination posted before serious bullish.

my opinion.

Who knows
It is difficult to ignore a first breakout above Ichimoku cloud on any time frame
Na so the thing go dey sneak
It will definitely retest the cloud support

currentprice:


the breakout not supported by NGS30, NGSIndex & co. on daily. can the banking go solo or kick start the BULL? only time will tell

I still see ngsindex to go down more,,,, may be to the destination posted before serious bullish.

my opinion.

@currentprice, your opinion is correct. It's just a pullback, until all data align including Agba's gut analysis

BullBearMkt:

@currentprice, your opinion is correct. It's just a pullback, until all data align including Agba's gut analysis

Lol

BullBearMkt:

@currentprice, your opinion is correct. It's just a pullback, until all data align including Agba's gut analysis

I prefer leading indicators though

Agbalowomeri:


I prefer leading indicators though

my brother there is no leading indicator other than price actions and your gut analysis. All indicators are derivatives of price and volume

BullBearMkt:

my brother there is no leading indicator other than price actions and your gut analysis. All indicators are derivatives of price and volume

BBM Na night school I attend for this job

Agbalowomeri:


BBM Na night school I attend for this job

lol!!!

NB PLC....

INTBREW.......

UBN: We don't know the game this one is playing........ought to have been placed on suspension.....
** Those selling to Titan Trust, don't forget to fill your form and submit to Cardinal Stone.......deadline for submission is 23/11/2022.

*Not any form of advice*

yMcy56:
NB PLC....

INTBREW.......

*Not any form of advice*

NB 1 for 4 bonus issue!

Jats2k2002:
NB 1 for 4 bonus issue!

Wow! Nice!
*There's also 0.40k interim Dividend..

Meanwhile, GTCO is gradually climbing again......
Sighted @19.45 so far....
More Waiting for the Oga on top waiting at KM12...

MTNN also not doing badly since market opens....

UCAP waiting for 100k bulk mover (Up) since yesterday, abeg make MM help it's ministry......Done!

NB PLC BONUS ISSUE
1: 4 (One new for 4 existing shares)
https://doclib.ngxgroup.com/Financial_NewsDocs/37233_NIGERIAN_BREWERIES_PLC%20NOTIFICATION_OF_BONUS_ISSUE_CO.pdf

Support is at #15.
I won't be overly bearish, I expect it to trade sideways.

The folks who think it is already sitting on support won't be wrong either but cherrypicking is not my ideal method.

debeey87:


What's your outlook on Dangote sugar

Is it 1 for 4 or 4 for 1?

Jats2k2002:



NB 1 for 4 bonus issue!

sirrotex:
Is it 1 for 4 or 4 for 1?

1 bonus share for every 4

Jats2k2002:


1 bonus share for every 4

This is pleasing to me and my homegirls

Noted

Jats2k2002:


1 bonus share for every 4

Hello folks, any recommendation on a stock to put 10 million? I want to leave it for 10 years with the hope of it growing YOY and with good dividends. I will appreciate any suggestion.

Fundamentals or technicals?

debeey87:


What's your outlook on Dangote sugar

Split the funds across a variety of stocks. Best you wait till a decent pullback before investing. You may have to take a somewhat active role, if you are going to invest a sum like that. This market can be very volatile.

RSQLPython:
Hello folks, any recommendation on a stock to put 10 million? I want to leave it for 10 years with the hope of it growing YOY and with good dividends. I will appreciate any suggestion.

Russia and China agrees to pay for energy in their national currencies - - - Russian Deputy PM

https://www.aa.com.tr/en/world/russia-china-switch-to-national-currencies-in-payments-for-gas-says-senior-official/2742377

Nothing to see here. Move along