Agbalowomeri:


You dey play with Jegede
Just dey play. Las las if the coy turns positive, another candidate for delisting

toyeoye:


Okay if you cannot drop facts, safe to say these allegations are purely emotional.

Mankindman:

Worse than this has been happening in NGX.
A Potential RED flag is JAPAUL.
Oil and Gas servicing
Gold Mining
Dredging
Crypto
What JAPUL will show those that ignore RED FLAG (Born Risk Takers) would be a child play.
The antecedent of Mmobuosi is a Calamity for NASDAQ investors.
Others that have defrauded and still defrauding NGX investors are;

Ifeanyin Uba of Capital Oil: This man came to mint Naira on NSE, thereafter no one heard any news.
Jimoh Ibrahim is another business man with similar antecedent of Mmobuosi.
So many of them in the corporate World.

otokx:
Still looking for the 90% drop

debeey87:
Off all these downstream companies asides Total, my money is only on conoil considering their Q1 eps. I don't know how eterna that paid 0.15k will justify over 12naira share price and counting. MRS that can't even pay anything out of their over 3naira eps is trading over 40naira. Like some people have said, let the corruption go round.

Geovanni412:
@Coolcash1, BASED ON ta, i AGREE WITH YOUR JAPAUL BUY

It will either 2x or get delisted,

Stock market is highly manipulated,.

yMcy56:

Lol.
Wait till ETERNA's price gets to 20 first before you start wondering about how to justify the share price...

Can CONOIl justify its price @78+??
At least the corruption don reach smart people wey don chop or still dey chop...

If not for the minority shareholders without foresight, Oando for don jump pass 20 by now.....

FTN COCOA looks like another corruption in the offing......we'll be watching out for JP as well.

Geovanni412:


FTN COCOA...

That recorded huge losses is pumping by 3x

What penny stocks cannot do does not exist....

Geovanni412:
FTN COCOA...
That recorded huge losses is pumping by 3x
What penny stocks cannot do does not exist....

yMcy56:

Seems there's one or two positive news driving the share price up....
Also, you know insiders get hook of news, even long before it's made public

ositadima1:
I am looking at a trading strategy that I am calling the "Second Missionary Journey" or SMJ for short . It requires at least two moving averages (MAs), the 10-period and 20-period MAs. We are looking for stocks that have moved sharply upwards, in technical terms they have maintained their closing above the 10-period MA. We want them to have made at least 40% since they started. Next, we wait for a sharp pullback. Very often, it will crash below the 20-period MA. We want to enter when it crosses both the 10- and 20-period MAs and the 10-MA is above the 20-MA and looking up. We can enter earlier in some cases if we are confident in the stock.

If we did our homework well, we should be riding the stock as long as it maintains above the 10-period MA. If we made some good gains, we can consider selling half our position and use the 10-period MA as a trailing stop for the remaining half. You can add other things to improve accuracy. A lot of stocks I tested conform to this behavior.

Be aware that this strategy is not foolproof and that you could lose money.

debeey87:
Off all these downstream companies asides Total, my money is only on conoil considering their Q1 eps. I don't know how eterna that paid 0.15k will justify over 12naira share price and counting. MRS that can't even pay anything out of their over 3naira eps is trading over 40naira. Like some people have said, let the corruption go round.

ositadima1:
I am looking at a trading strategy that I am calling the "Second Missionary Journey" or SMJ for short . It requires at least two moving averages (MAs), the 10-period and 20-period MAs. We are looking for stocks that have moved sharply upwards, in technical terms they have maintained their closing above the 10-period MA. We want them to have made at least 40% since they started. Next, we wait for a sharp pullback. Very often, it will crash below the 20-period MA. We want to enter when it crosses both the 10- and 20-period MAs and the 10-MA is above the 20-MA and looking up. We can enter earlier in some cases if we are confident in the stock.

If we did our homework well, we should be riding the stock as long as it maintains above the 10-period MA. If we made some good gains, we can consider selling half our position and use the 10-period MA as a trailing stop for the remaining half. You can add other things to improve accuracy. A lot of stocks I tested conform to this behavior.

Be aware that this strategy is not foolproof and that you could lose money.

Geovanni412:


FTN COCOA...

That recorded huge losses is pumping by 3x

What penny stocks cannot do does not exist....

yMcy56:
MANSARD: Sighted @2.73......this one go still touch 3 las las.
Cornerstone: Na +N1 stock.... We go see how it will go. ....

yMcy56:
2 days ago post.
E Ku MANSARD ooo.
Las las e don touch 3......
We'll see if it can be able to return to the initial 3.32 first....... ?

debeey87:

Can CONOIl justify its price @78+??
At least the corruption don reach smart people wey don chop or still dey chop...

Note: I don't do TA, I only look at few numbers from the financial report but as indepth as most of the resource people here do.

customstreet:
Hello Folks

I don’t know if you see what I saw

Dangotesugar Sugar Plc + Nascon Plc = Dangote Foods Plc

Time will proof me right

robobo:

let assume its true

would the merger bring any positive to the shares?

customstreet:


Absolutely.

It will definitely happened and many shareholders will go to bank smiling

Ask shareholders of Benue Cement Company Plc that metamorphised to Dangote Cement Plc, They will tell you a joyful story on how this exercise turned their fortune to good