₦airaland Forum

locodemy:
The way I see this market now,the only thing that can stop the bleeding is releasing of Q1 results.

Maybe the unhealthy policies might be eradicated before half year results.

Since yesterday,I have not been myself due to excessive money I have put into this market hoping for a better return in the nearby future.Now my business is shaking seriously as a result of this action.

I know other people here are having similar issues now unless those who have mouth and no portfolio.

Imagine Transcorp coming back to #1,zenith #18,Fcmb #1.50.
And may even go below these prices if no intervention.I think I will be going off from the forum from now until my portfolio is back again.

My brother joke apart, I have witnessed the good the bad and the urgly in the stocks stuff, it happened before that even good result does not lead to price appreciation so to me q1 may not translate to price appreciation unless FPI comes in and until then let fasten our seat belts and re- strategize.

locodemy:
The way I see this market now,the only thing that can stop the bleeding is releasing of Q1 results.

Maybe the unhealthy policies might be eradicated before half year results.

Since yesterday,I have not been myself due to excessive money I have put into this market hoping for a better return in the nearby future.Now my business is shaking seriously as a result of this action.

I know other people here are having similar issues now unless those who have mouth and no portfolio.

Imagine Transcorp coming back to #1,zenith #18,Fcmb #1.50.
And may even go below these prices if no intervention.I think I will be going off from the forum from now until my portfolio is back again.

Sam loco where u dey go? So where u wan put ur followers? U beta keep averaging down make I use the usual language, just dey average down on all of them ooo and keep buying more oo so we folo folo can still be seeing our mentor so we too go dey average down and dey buy dey gooo

DOLLARTEX:
after your loot from zenith you want to tie it down till DEC!I envy you.

Lol. Oga I dey follow wetin you taught me ni ooo

Experience4u:
Pls House, is it better to but Tbills at cbn rate or through secondary markets. What are the merits and demerits
I am a newbie
Thanks

If you know the concept of whole sale and retailing the that answered your question. CBN rate is the whole sale rate while secondary MKT rate is the retailing rate. Eg if CBN rate is 15% cos banks buys in bulk they may buy @15% then sell at 14.2%. CBN rate is always the best rate but not always available everyday like secondary MKT who may have bought like 100billon then selling it bit by bit but u can also negotiate the secondary MKT rate

GonFreecss1:
I hope you guys are adding the buying and selling fees to your calculations? Remember buying and selling is a total whooping 3%+

sure!

Chibuking81:
Many good opportunities drag their price down. How do you react seen Zenith @#20+, and caverton at @#2.6 with dividend of 25 kobo?
Caverton still a good stock but Zenith at 20.40 and GTB @#34.50, which might still drop affected their price, even me drop some of my holdings in Caverton to enter Zee bus.

But in all, nothing spoil, we have different way of averaging down, some took their averaging down to Zenith. I even sold Zenith at #21.40 today ( with about 10% dividend gain) and enter back @ 20.40 within some minutes and hoping to get more @#19+ tomorrow or next, averaging down, hoping to get more unit this year.

King Chibu, nice strategy! i sold @22.75 with 2.50 dividend gain waiting at 18-19

Tolktob:
bet9ja

baba ijebu and mmm

mendes911:
You should have set your targets, know your entry and exit. Make up your mind and stick to your plan. There will most likely be a reversal this month, for a short gain. You can risk it.

That transcorp drop toorr, i expected it to take a while to get there but an entity take vex offload.

Lol this month when new administration is yet to take off and investors are yet to know the govt directions. Any way, very possible. Am only on watching mode

gloriousdawn:
Zenith bank is already showing bullish divergent when you compare price chart and 14days RSI and MACD.

Laffing in Igbo way!

Chibuking81:
Zenith might soon visit, #20, GTB #32, Fidelity/ FCMB #1.5, UCAP, #2.50, Transcorp, #1.10, UBA, #6, ACCESS #4, but the answer still remain to average down.

i agree with you on this your permutation/combination

mendes911:
When many of us are at N3.00 junction calling their name, won't they answer? Are you sure DBN shareholders hasn't been credited with their Access Bank shares.

Month of April. Month of Goodies!

zenith pls join oo

is Access that mr. mkt is seriously flogging this morning

PharmAlfred:
Market was bloody today sha

some time when we are in the aircraft and we are air borne, the pilot would dish out an instruction telling us to fasten our seat belt because we are about to enter into a stormy zone and we would have a lot of shaking. That may also apply on NSE but for those that will follow their investment strategy, they will laf last.

DOLLARTEX:
zenith is falling!

gradually the stock is coming home pls it must come home oooo

my inner mind warned me to bail out of uba with my gain yesterday that today would be bloody and i obeyed him, bailed out at 7.75 and the stock closed at 7.50 the ex div would be 6.85 and if market continue like this 6.50 is possible.

rebekah2011:
Oga Chibu, stories like these are told by people that survive. We need not to invest based on HOPE again. We are better informed now. There are many online trading platforms that you can use to sell or buy stocks within a short time today. Transcorp is ALIVE today because of TOE. Dangote Flour came back to life because there was a need for it by Alhaji to do something. When you are lucky to come out unscathed from worst situations, please do not be tempted to go through such experience again. You may not be lucky all the time.

Never will i invest my money on hope again, i bailed out of DF then @13.70 and i never looked back again even when the price was going up, my inner mind warned me not to touch for now. Is a matter of time, DF is coming back to N5.

Princkez:
I dont really understand this market.... Caverton made good profit with good dividend, the price Is loosing while DF made a lose with no dividend the price is gaining, na wah oooo

that is one of the wonders of NSE the more you look the less u see

Chibuking81:
Patiently waiting for CCNN at #5, eterna at #2, Dangoteflour at #4

Even patience can give you CCNN @ 2.5, eterna 1.5 and dangf 2.3

locodemy:
Your problem is too much.

I see the reason you miss targets and prefer to chase winds.

If they pursue you this way,you move to the other way......hmmm.

Lol...... the guy don chop foul legs ooo

Chibuking81:

I have most of them already.

then buy more of zenith, afriprud and ucap

Mcy56:
I talk am say there's a trend of "dumping good stocks" that's now ongoing in NSE, not a good trend honestly but how can only one now be singled out? Talking about carv....

when someone here was projecting N5 caverton yesterday i just dey laugh when i saw the projection! Investors sentiment over a stock must also be considered not just goodness of a stock and that is what is happening currently in caverton. Zenith is a perfect example at least the stock should be selling at 29-30 naira but investors sentiments is making the stock to be staggering all the time.

stcool:
You go dey alright las las

I only pity folo folo buyers not investors

rebekah2011:
Wema has potentials. It will surely get better but it is still a long road to FREEDOM for WEMA

with many good stocks on nse so one can still put his/her monies in wema bank and be trekking the long road to FREEDOM, person fit die along that road oo.

mendes911:
April to remember.....

Had I known loading!

guy i just dey laff here! who be that i had known loading ooo? Truly April to remember!

PharmAlfred:
Hahahaha. I can understand. FCMB and Transcript not a bad one. Waiting to FCMB at 3plus naira. Meanwhile, you might want to consider Caverton. That stock will likely touch N5 in the next 3months. I suspect their first quarter will be great given all the election contracts they undertook plus more.
I will consider Transcorp soon.

hmmmmmmmmmmmm. caverton up and down. caverton go even get headache as every dey shout the stock name up and down

pluto09:
This is definitely your first time of buying chams.
Those that have been trapped in the company (charms)for more than 10 years will not be impressed or excited.
Nothing bad in living in a dream land.

i just kept silence, chams has charmed/jammed me going to 12yrs now and i bought if @ N2+ so no preaching can enter my head on that stock again

hollerbaby:
31days ____9.25%
192days ___12.25%
326days ____12.20%

thanks, my banker from stanbic just sent same to me, my sis in eco bank tried to get 12.85% for 191days but i want 240days may be i will go for it

ahiboilandgas:
I no get strength....wethin concern South east to South South?

I beg you alll please stop these abi all these argument brings money?

any rate from Stanbic?

Barrytone:
I will always stand by Nigeria. Supreme judgement is final. GTB must pay and fast at that.

Story! Why crying More than the bereaved Mr. Supreme judge?

Barrytone:
Based on the final arbiter, GTB erred and will pay for it. What else do I need to Know? Our opinions doesn't matter. Supreme Court judgement is final. The bank was and is wrong, case closed.

Oga, don't be one sided and I can't even take any side on this, I will rather wait to see as events unfold