₦airaland Forum

.....i need money oh, i dey find wetin i wan sell!!!

PharmAlfred:
Again, which offense did Zenith actually commit? The people selling don't even to back down. The offers are in multi millions.

Yeah, you guys have done a good job so far @ this group. No one saw the OPEC+ breakup but one thing is for sure, this cycle would reverse sometime in the near future unless world wan end.

Hence, let me spend the next 6 mnths - 1 year eating my dividends while I wait for OPEC to reunite. The only damage I see to funds is devaluation but we can't all win!

RabbiDoracle:
This is the decapitation we gave been waiting for.

All stocks being bashed.

FOR SOME REASON, I THINK I LIKE WHATS GOING ON IN THE MARKETS. ALL THESE ARE OPPORTUNITIES FOR THE LOADED AND SKILLFUL. THERE ARE MORE OPPORTUNITIES TODAY THAN EVER BEFORE.

World markets are reversing, Oil price reversing too. Its only a matter of time. I await my Zenith dividend and look forward to 2Q dividend. That's the way forward. I am long term on this.

My voice isn't lost, i am busy looking at all the indicators. What is happening is unprecedented. My advice to those in the various equity buses is to plan for the long term. What I am not sure is how the Nigerian Govt plans to deal with this cos if Naira is devalued, it would be a case of double wahala for dead body. But like Agba noted, its a cycle, what we don't know is the range/diameter. Hope this helps Mr. mendes911!?

mendes911:
Greetings Oga BOMBoclad. How are you and your crew members doing? You seem to have lost your voice again?

Just passing.

WHERE ARE ALL THOSE HARBINGERS WHO WANT ZENITH @ N10, YOU HAD BETTER JOIN THE BULL NOW OR MISS OUT ENTIRELY.

Most stocks are at bargain prices at the moment, including ETI. However, personally, I cannot encourage you to purchase this stock right now for 2 reasons: 1. We do not know how soon the dip in world markets (including the NSE) would end 2. ETI offered no dividend in 2018 even after an impressive 46% increase in PAT, hence, there might be no dividend in the horizon.

My advice is to choose within the likes of WAPCO, ZENITH, UCAP, etc where atleast there is a plan for dividend payment which should boost prices in the short to medium term. This is my most honest and open-book advice.

tobymor:
Pls gurus in the house. Can you help me torch light ETI.

Ìs it a good buy at the current price?

The current state of our market has kept me in thought all day. Been monitoring world markets and it seems oil price and the DJI are on the reversal, having formed the hammer pattern.....i sure hope this is a good sign. I suspect DangCEM ( or a high-CAP stock of similar CAP) would fall and jump up lower tomorrow. Whatever it is, we are watching!

Mendes911, I am good, have been enjoying my vacation while the market fell like a bit*h; Banking stocks taking the most hit.

I am not surprised as we envisaged a next support @ 27000, but i imagined the high CAP stocks would take us down there prior to a reversal.

Lets hope that the worst is behind us. The next two days are crucial. If the next two days are not bullish, I would fear for the exchange (being conservative with my words on the consequence).

I have learnt to never say never on the NSE.

1

A sweet, green hammer

Agbalowomeri:
Hammer on good volume
Enjoy the ride

My brother.....after 5 weeks of BEAR......There is respite for investors.....hopefully!

RabbiDoracle:
Your body dey sweet you

Sha look well.

Market that has not finished digging a hole.

Heat dey do you? Oya, take fresh air.

I am pleased to announce to the house that tomorrow's market would be in the green with the ASI inching close to 27,800 at COB.

Bargain hunters take note, just a prediction not a trade advisory. Lets just say I am back-testing openly! I would be in the air all thru tomorrow so see you after close of market.

Bomboclad:
I just charted all equities in my purview and circle of interest. I am optimistic that a bull is just around the corner.

Unfortunately, I still believe some high CAP equities would fall further prior to the bull .....DANGCEM, BUA and NESTLE; maybe GUARANTY (but a lil bit), though I might be wrong.

All those waiting for Zenith @ N18 would most likely not get it @ N19; I am 90% certain.

Having said this, I am as optimistic as my colleagues & Ogas that market shall reverse fully before the end of next week.

Tomorrow, the struggle continues. See you then.....

At that point, the banking index was right @ its support line. They are professionals.....

Mcy56:
Those guys are something else, it may be that they crashed it so as to enter lower
Doesnt mean they sell at loss cos the stock was seriously mopped up at 26 then.
There are some kind of offers that someone will just know its not real, like the Zenith ones too.

Now you can smile!

Ibrahim505:
I just entered at 28.40 and its now fallen down to 27.95

When I saw it @ under N28, I simply knew its a bargain!

735i:
The shakeout was classic!!!. Whoever executed it is a genius

The GUARANTY "Under N28" door has been shut, abi i talk am, some people still dey wait!

FCMB..... good bids @ N1.9 something is fishy!

It's a very strong support, so if its broken, then na bottomless pit!

pluto09:
And if that is broken.......

Agbalowomeri:
Next potential ASI support 27K

Obviously, though i expect flat result and dividend.

emmanuelewumi:
For the share price, but has nothing to do with the profitability or financial health of the bank.

kpele; Nothing spoil!

Ibrahim505:
I just entered at 28.40 and its now fallen down to 27.95

True, mostly unpredictable - but there are guides/clues. Anything below N28 is a good buy in MY OPINION.

Ok Mcy already said N27.....who knows. Those wishing to buy could be on alert for lower values.

Willie2015:
Picked up some decent units at N=28.00

Placed some bid at N26....

U cant predict this mkt ....

Any fall in Guaranty below 28 wouldn't be good for its health.

Reminder!

Bomboclad:
I just charted all equities in my purview and circle of interest. I am optimistic that a bull is just around the corner.

Unfortunately, I still believe some high CAP equities would fall further prior to the bull .....DANGCEM, BUA and NESTLE; maybe GUARANTY (but a lil bit), though I might be wrong.

All those waiting for Zenith @ N18 would most likely not get it @ N19; I am 90% certain.

Having said this, I am as optimistic as my colleagues & Ogas that market shall reverse fully before the end of next week.

I am not a NAYSAYER but ....in the last two bulls, Zenith returned approx. 13.8% and 21.3% (average of 17.55%) while Guaranty returned approx. 18.9% and 16.9% (average of 17.9%).

rebekah2011:
If it is dividend, Zenith is always better but if it is capital gain, Gtbank is the Boss.

Meanwhile, I still insist that the market would reverse on or before the end of next week. There is two high-flyers on my watchlist capable of enriching investors swiftly, especially those who missed UCAP (Afriprud can be illiquid most times).

When I see Zenith @ N19.5 and some folks waiting for it @ N18, I laugh! ....if only I had more cash!

When suddenly folks realize the bargain, then u wld see it zoom up.

I expect Zee to give N2.50 - N2.80 in dividend and its price to go higher than N25 when that happens. We are watching!

Whats the concept behind a 3 day bonanza, please educate me. This one wey I talk, na so I see am oh. NSE is always full of surprises though, so anyone with cash should watch before leaping.

locodemy:
Remember the three days bonanza never show face.Not sure if we counted day one today.

Whenever you hear from cp,just be ready.

Try to reduce the 90% to 30% so pople who are holding cash at hand will not put sand for your garri.

True!
I have found no symmetry between the movement of Oil Price & the ASI. If anyone has the analysis for such a study, I would be glad to be a student of yours.

aremso:
NSE problem has gone beyond crude price oo

I just charted all equities in my purview and circle of interest. I am optimistic that a bull is just around the corner.

Unfortunately, I still believe some high CAP equities would fall further prior to the bull .....DANGCEM, BUA and NESTLE; maybe GUARANTY (but a lil bit), though I might be wrong.

All those waiting for Zenith @ N18 would most likely not get it @ N19; I am 90% certain.

Having said this, I am as optimistic as my colleagues & Ogas that market shall reverse fully before the end of next week.