₦airaland Forum

On NSE website,Costain has not recorded any trade and no update of price movement..........Why?....Because on Meritrade you can see that it has traded many units around 1.01......................

OakPearl:

Every thing is bleeding from the nose on NSE.....................

With what is going on right now,most of the banking stocks where AMCON bought their non-performing loans in exchange for equity shares will go down low...............I believe FBNH might reach 7 unless positive news into the market is the only way to stop the trend.................

myjoy08:
Sister Mercy, i don't think you will see Transcorp @2:00(Naira) regardless of what is going on presently...talking of 1:00(Naira) lol

But is going too fast and if your loss is 0.35%,its smart to exit and then hold on till these stocks bottom out before you enter again........I am sure you will profit from that...............Especially on stocks like FBNH incase if you buy at 9,you can exit now just to allow this bear to pass............If not it will go down below and you have to wait until it will come to your level again.................But if you have lost too much already,the best thing is to wait...........

lancee:
Its a 50/50 situation sir , what about if u sell at loss and they don't go that low like we planned ..How do u re-enter again ..I guess the bear don make people to be panicking and the dumping continues

Simple step by step appointments will do a lot.................

Reddit:
Buhari should do something. Atleast an idea of his government's economic direction will do. People are tired of waiting in the dark or no man's land.

I hope this bear doesn't last

This is one Behari kind of bear...............You don't have sit and look for your stock to shed anyhow.....Its time to sell off those banking stocks and see how low they will go and then you can re-enter again...............Seems the Amcon news of holding 100Billion stocks in most banks and about to sell might be causing more bear.........Access is one of the banks and some other banks..............

This is not a real bear yet but if it continues for a week,then you can be scared.............Market sometimes has a way of scaring government especially for attention..........No basic reason for fall in stocks today...........I believe is an opportunity to re-position yourself.............

Dubious returns............But without strong fundamentals,it will still come down to 0.50k............

myjoy08:
Sir, maybe they are speaking in the voice of Sir Agba.., that is, Monkey Hunter lol

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Ok why are the analyst saying that its the best performing stock with over 1100%..............What kind of stupid analysis is that........

myjoy08:
Absolutely Yes Sir.

What happened to UNHOMES?.........It was 0.50k by the 4th of May and now 6.40.......Was their any share restructuring?...................

myjoy08:
Sir, C I Leasing might rally not because of the dividend but because they want to raise money sooner, and because... . Remember, your personal decision is final!

Do you think C&I Leasing will rally based on the above info...................

myjoy08:
Oh my God, there will go again

Its too early to say market is crashing,lets see what will happen tomorrow.............

Chibuking81:
Back to base, market is crashing and will continue till the new government settle down well. For now money is king,

Banking stocks are the worst performing stocks and I don't know why Nigerians are addicted to them..................

There is no news about Buhari probing the stock market..............Nothing like that.........That will be anti-private sector unless there is a bad development that could warrant such probe........Completely baseless speculation.......

Are you kidding?..............

Its all a game.......You should know that so much eyes on Vono now and they have to make it look real.................

The market price on nse is 1.93...........

otokx:
2.08 - 2.13

Vono will cross half price of Vitafoam......................

Born2berich:
Vono likely to cross the N2 mark soon.

lol..........True but you should know that we are Nigerians here and most people won't like any negative or pessimistic representation of our country.......Yes,you can buy and sell stocks as you want in Nigeria..........There is no limit yet..........

fedupnigerian:
Its just a username na,haba.

Angelo is someone's username does not mean Angelo82 is an angel.

Do you have answers for me?

I don't think that list is authentic.................

Good response.........I have no idea what a fedupnigerian want in NSE?......Probably you are not fed up,maybe you should change that name and see what optimism can bring into your life..............

Questions that you didn't answer..........Thank I God,I entered before today....................I just don't know much about the stock.................

Primetech:
I was singing it here, some people were asking questions. Now it's clear they are still asking questions.... Costain.

Any fundamental reason pushing Costain?............I don't know much about the stock and i have tried to check online but most important info aren't available.................The market is becoming more interesting...........

I tried to buy it even and I couldn't get any...........If is not available then whoever is manipulating the shares must be in possession of majority of the shares and I believe it will cross 3 the way is going every day......................They are trying to make sure that Vono is half of Vitafoam...........Is good for short term trading before the merger conclusion if you can get some in your portfolio..............

zendi:
Scarcity is refuelling the vono bus. It has only 560 mln OS, hailf of which is already held by vitafoam. So there are only about 200mln units available for general scrambling. I wonder if its going to 3.

Vono is obviously manipulative stock...........

zendi:
vono is eating the lousy bears raw.

No........

ghettodreamz:
Thanks, that clears the air. And have you at any given time invested in Tbills via First bank before? I'm asking regarding my second question.

At that rate,your bid is successful but you will only get 13.9%....................

ghettodreamz:
Hi fellow investors;

From the last few pages, I noticed there have been some sort of conflicting posts with regards to bidding alongside self-placed stop rate. My question goes thus; in a situation I'd placed 13.9% for a 364 tenor (PMA), whereas the CBN published auction result for same is 14.10%.

Am I considered as a successful bidder or loser?


Secondly, for those who have been trading with Firstbank for the purchase of Tbills, were you allowed to place your own stop rate or do you go with the bank's bid stop rate?


Lastly, what are the published CBN's primary market auction's stop rates for the last auction held?

Thanks in anticipation for your responses to my Q's.

If you have been following the stock market very well for the past 7yrs now,you will understand this weird movement is mostly for round tripping of returns aimed at looting the gullible ones............They will go down,come up,go down again,come up and so on and so forth until they dry the liquidity from the market but sometimes they can fail as well due to positive information flowing into the market.................The dynamics can change.........

inviix:
The problem now is how low do they want it to go And when do they want to jump out?

If it gets 30% lower than your entry price and they jump out after 20% , what do you do?

I know the drift.............

myjoy08:
Sir, i guess you are getting the poem now . That bear you see today, is just...

That bear was too stylish..........It could be their handwork just because they want a lower entry price....... ....You should talk to MyJoy though.....They might be working together.............

veecovee:
or has the new government taken them up for probe

Its not really worth liquidating it before the tenure.............I guess the 20% is a penalty charge on the overall interest...........

Caracta:
The 20% penal charge is calculated based on the tenor used, the principal and the interest rate. The bank can show you how it's calculated even though it's system generated. And of course he won't get the interest of the remaining days.