Banking index broke out confidently on all timeframe.
Banking index leads bulls, other sectors will follow suit

I am still blowing up my dividend in this penthouse. When I alight with my garri, I go fit listen to una

PETERiCHY:


Pointblank!!!

Prediction without time frame is a guess work-*ThE OcToPuS*

Even PeTeRiChY don abandon "sell in May" slogan Lol

mendes911:


Does this include your era as ValueF****? Abi fear of Nosa is forcing you to ignore those other pages?

#Bike.

Kai witchcraft plenty for here o

Let me register my attendance on page 7000
All the way from page 200

jideflash:
abeg who fit borrow me 465million naira, for 1month

If you agree to be initiated into our confraternity, we will give you free of charge

Dum20:


Oga, this information is actually wrong.

When you see 10% almost everyday, that means they were already in the market and about to leave the market.

Was there 10%, when FO entered Transcorp? But when he was about to leave it became news.

Was there 10% when Heineken bought more share of NB? In fact alot of people do not know. But when they want to leave, you will see NB at N150

It is about this time they enter the market when there is a level of uncertainty in the eyes or the ordinary investor.
The sophisticated investors know what to look at

Like the saying goes "Be fearful when others are greedy, be greedy when others are fearful"

You are 💯 correct.
Exactly what I know. When you see 10% daily, pack ya load and be ready for japa. FPI are about to leave. They will create the news for FOMO, mass slaughtering and dumping

aremso:


Guy wether it cracked you up or not is none of my business, have communicated the message and I was not even discussing anything with u in the first place

Lol no vex

emmanuelewumi:
The all time high of the the ASI is 66,000 and remains elusive in the last 17 years


Hopefully it might touch it again in the next 4 years.



My opinion though

That target is for January 2024

emmanuelewumi:
The all time high of the the ASI is 66,000 and remains elusive in the last 17 years


Hopefully it might touch it again in the next 4 years.



My opinion though

Oga 4 years bawo? We are breaking it on or before January 2024

yMcy56:

Ok Sir.
Counting on this.....
Else, na you go balance me the N5+/share gain expected on it o... .

Pls what's the fair value of both - UBA & ACCESS?

Me I no dey do fair value o Lol

yMcy56:
F.G.Z moving but U.A. static, even falling in the face of this banking bull?
I'd thought f.u.g.a.z move together until now

Abeg, let TA person tell us what's happening to ACCESS in particular.......much volume no price appreciation...

If it doesn't move this week.....by Wed/Thur....hhmmm. ..

In another news, market was generally bullish today.....
GT closed @27.15
ZEE @26.45

They will move
Let GTCo/Zee enter above 30 fess

yMcy56:

Me I don't somehow doubt it when Agba predicts like this......

*Edited*

I no be prophet o

Zagee:
Barring all ugly surprises, CAVERTON is ready to test pre-covid levels. But first 1.3 challenge.

Transcorp approaching support zone 2.5, will it hold, we see by Thursday.

Strong support is 1.8
It should retest it first Lol

emmanuelewumi:



So you see a 20,000 ASI in the next 12 months

Nope

emmanuelewumi:





Rice, bread, beans are not affordable ooooo.



But ASI at 20,000, I don't see it happening in the next 24 months.


But if it does, all well and good

People are not prepared for a change in trend. Market no be anybody mate Lol

GTCo bullish monthly and weekly candles
Give us a breakout next week jare

Harvestock01:


Does markdown for 30k dividend count for anything in your TA?

The guy no understand wetin dividend mean

BabsO2:


The way GTCO is flying. Looks like some FPI's are already sneaking back. Till I find time to look up if their holdings have been updated on morning star. They seem to like GTCO and the 2022 FY and 2023Q1 suggest GTCO has turned around from the low quarterly earnings I & perhaps some others were worried about.

GTCO gained a further N1.05 today to close at N 26.15 While Zenith gained only N0.65 and closed at N25.15

Warning up for the 10 10%

Ades1:




Ummm you forget mark down? Abeg go one place!

But he predicted the mark down

ositadima1:
First, I want to take the time to point out that this is not a recommendation, but simply an observation from my tinkering. It is not for everyone, but rather for a few like-minded tinkerers. Please do not quote me if this is not your thing, and it is not mandatory to reply to every post.

I noticed an interesting relationship between Zenith Bank and UBA. They are very correlated, meaning that they tend to move together over a sufficient amount of time. In fact, their correlation is about 0.87, measured from 2021 to date. I attached a scatter plot of UBA vs Zenith Bank, which shows how the prices align neatly. I then ran linear regression, which you can see as the red line. Linear regression means fitting a straight line to data when there is suspicion that the data has a linear relationship.

The linear regression line, like any straight line equation, has a slope and an intercept. If we put these together, we get the equation U = 2.66 + 0.22*Z, where U is the UBA price and Z is the Zenith Bank price.

U = 2.66 + 0.22Z is a model describing the linear relationship of UBA and Zenith Bank.

Because the line was fitted, if you impute Z, U will vary from the actual UBA price. This is where we can benefit from the equation. Eventually, either the UBA price will come down to meet the estimated value or Z will go up to match the estimate. How do I know this is true? Below is another plot showing the UBA price minus U over time. You can see that the UBA price is always within +0.75 Naira to -0.75 Naira of U Naira.

This suggests that the linear regression model is a good fit for the data. We can use this model to make predictions about the future prices of UBA and Zenith Bank. For example, if we know the current price of Zenith Bank, we can use the model to predict the future price of UBA and and the other way round .

Great use of data!
For completeness you may want to add model performance parameters. I am not sure though how useful this is practically

yMcy56:
Transcorp and UBA
- Tony still buying....
- Those that picked UBA @7.80 when this was first observed and mentioned here should be sitting on some profits now.........

Now I'm sharing my opinion, you won't call it fine bara, but if na you person jokingly mention anything like giving, una go storm this place with many derogatory posts.

** Pls do not take as any form of advice**

Mercy are you sure that you don't have shares in pastor Vee ministry

yMcy56:

Lol.
..but when Una get una own corruption Una no share reach my side o......
The Ogas even called it 'fine bara' and many here were cheering them.
Is sharing/giving different from giving? No be only money nah.

Giving or asking should not be deceptive in the name of gospel. That's the point people were making. Religion today is about materialism

aremso:



Lolllll oga still depends on volume, 1.09 is a huge difference if nice volume is involved.

If the volume is big enough, one would shift from frequent trading

BabsO2:
2023H2 may be good for the NSE with these kind of headlines. Has volumes increased compared to similar periods in prior years?. Only a quick check can confirm this.

What an elder sees sitting....

thesilentone:
Musk and Bezos will be the first customers in Mars. Imagine what the minimum opening balance would be?

Still won't generate value Lol. Just dey gather inefficient assets everywhere

thesilentone:
Wigwe announced today that Access Bank has opened a branch in Paris.

He will soon open a branch in Elon Musk hotel in Mass

ogbs2020:
.

Buy UACN If you are a trader.

Sell NB If you are a trader

Oga na futures? Lol

Abbasmh:
I observed that there's a generalised increased activity in a lot of coys. Is the market getting ready for a post inauguration bull?

The FPIs are lurking in the corner Lol

veecovee:


Let nothing stop you from doing good my brother, so that you have points of reference ...
When the prophet told king Hezekiah that he should prepare to die, but he turned his face to the wall and cried to God, reminding God of what he did. God had to send back the same prophet and added 15 more yrs to him. In the same vein, when Tabitha died, people reminder Peter of her philanthropies, Peter had to pray her back to life. It not a must that you should give me, but pls give to those around you.

Why should those people add more years on earth instead of going straight to heaven to enjoy?

So UBA is a first tier bank