bisiki2:
Good Day @ bullbearmkt,

Please at what price would you recommend Nigerian Breweries?

Thanks

Ha! That one na hopeville remain o! (apology to people that coined the hilarious word)
On a serious note, if you still trust the company, there is support around 24.30. IF that failed, then 19.55, then all-time-low

Streetinvestor2:
ok boss.Me no follow for that group that was why I raised alarm when I no see rice for anywhere. And when I when bet I dey know say na bet.And when the bet fail I no go even mind or dey cry.
My oando na bet naija which I have always said. My target na #20 and worst case I collect #7plus and BE no fit pass #10

...you're doing well!

Streetinvestor2:
Any one who just went to buy alhaji company because of marger or buy Transcorp power because garage power is #1000.Has no business being in this business....my opinion
It is better he sticks to bet naija.For all sake, stock market is for investment and not get rich quick. Naija mentality in everything is annoying. Everything naija enter he go cast am...
what kind of people are we ?

...I hope you've heard about, "Buy the Rumor, Sell the News"?

Mpeace:
Despite the rise in price of cement, Lafarge still hd decline in profit from 14billiin to 5billion.

...that sounds better of course

WE MAY SEE ZENITH STOCK PRICE AT BARGAIN PRICE BELOW 30!
-Add to your watchlist
PLAN YOUR TRADES AND TRADE YOUR PLANS

222Martins:
Locotrader, Even though we all know that nobody can predict the market, you have done remarkably well by giving out information that others demand money for, and i guess that's why a few are pained. In the last 100 Days, all the stocks you recommended has done well in a short time; Transcorp, TIP, Japaul and the biggest of all; Multiverse.

All you need to do now is to ignore the noise and keep giving your info; only you feel the need to continue. One thing i have learnt on this forum is that the real moneymakers don't have time to throw tantrums or jump from one comment to another... A trader who has a lot of customers on queue needing his/her attention do not have time to banter or engage in idle gossip with market women. The goal here is to win big, nothing else matters.

@222Martins, I hope this is still you at the bolded!!!

222Martins:
Madam!! Show us your holding in the NS/DS you are crying about.....So we can know your league. Let us see how much you are crying about. And i will also show my ChampBrew Holdings too, so that we can also see what you are crying about. Anything other than this is pure blabbing............Show us your league.

@222Martins and @yMcy56, let's forget about all these "cyber attacks". It's uneccessary.

CHAMPION BREW
Presented personal opinion back then in January that accumulation are ongoing in the brewries and they are not yet trending. A case of Champion brewry. Early April, its price bounces at 3 again! Accumulation may take a while, but bargain price is between 2.30 - 3.0

PLAN YOUR TRADES AND TRADE YOUR PLANS

chillykelly86:
I will remind everyone here to always put sentiments aside while investing. Every once in a while, do a test on yourself to be sure you haven't become sentimentally attached to a stock.

For me, fundamentals matter a lot, the management team and their antecedents matter, the potentials of the business matter. Doing your due diligence helps you identify the risks. Diversification helps you mitigate risks. "The higher the risk, the bigger the "potential" reward or losses." You don't often hear about the potential loss in taking excessive risks.

This saying helps a lot: "When you find yourself in a pit, stop digging". In investment parlance, cut your losses(if you can).

You win some and lose some, especially if you trade. But try to win more. If you have a medium to long term view and do your due diligence, you are more likely to win more.

Peace to the house.

...good talk! While FA means a lot to you, Technical Analysis, Sentiment Analysis, Spiritual Analysis; all mean a lot to some other people. That's why it's not good to talk down other people's opinion (or analysis) because you might not be privy to the knowledge at their disposal.

Own yours and move on. No man has the monopoly of knowledge

awesomeJ:
Guys, check out my new way of doing FA using Meta AI inside WhatsApp.

The bot is super accurate:

...so, AI has simplified FA metrics! But, interpretations will be subjective

OANDO TECHNICAL ANALYSIS
Much has been said about OANDO recently, but what does the chart says?
Sentiments apart:
- Stock price stalled since Sept 2023
- Sellers are situated above 12
- A close below 9.50 is not favourable for the stock, it will most likely go lower
- Early price rejection above 9.10 may see price testing 12 and above again
- Minor supports at 9.10, 8.76
- Continuation of releasing unfavourable results may drag price down to test 5.50 - 7.20

PLAN YOU TRADES AND TRADE YOUR PLANS

olaremint:


Accumulate as much as you can or sell yours at the going price. As Cp said, there is money to be made or lost.

Sell kini? I am waiting for it to get to 2 naira, so that i will then buy as much as I can
We die there

...good! That's the way to go. Before you see it at 2 naira, buy some between 4.50 & 5 naira too

DeRuggedProf:
One Great Grand story I am going to release here shortly will clear all doubts that indeed the market is not for everyone...

...market is for everyone - the Bulls, the Bears and the Pigs

222Martins:
They just sent a revised Stock Recommendation now But come to think of it, who takes stock recommendation from a brokerage house that is also trading to profit? It is just like taking a betting recommendation from the same gambling house you are playing at.

Fingers are not equal. Some maybe getting their investment ideas from brokerage firms. So, they should ensure the released info are beneficial to their clients

Mfunkynation:
Morgan capital stock recommendation is sh!t... are there really current with the current price of shares!
or na just copy and paste

...I suggest the best thing to do is to contact them & show your displeasure instead...

BullBearMkt:
Is the Banking Sector Preparing for a Potential Decline Ahead of Results Release?
Based on the chart, banking sector outlook looks suspious for another downturn. The month of January candlestick reveals significant sellers coming to the market driving the index from 11031.04 to a close at 866.93. Both the bulls and bears were undecided on whether to continue draggiing the index further down or drag it up in February. The 2 months invariably created a big barrier (894.93 - 979.65) for March, as it has to close above 980 before there can be respite for the index to tick up.

Failure for the banking sector index to close above the top of the barrier in the ongoing month, will see a decline in the sector (and many banking stocks) in the coming month(s)

PLAN YOUR TRADES AND TRADE YOUR PLANS

"The dumpers are waiting for the dividend hunters 😂" - Agbalowomeri

unite4real:


very good for government revenue
very bad for PMS and Diesel prices

until Nigeria stops importing petroleum products, a high crude price has it's downside

If Nigerian refineries are privatised, it's still the same, as crude oil will be sold at International price except subsidised

MARKETJJC:



Actually, it should be more than that cause I had taken it as my job, so I trade everyday and at the end of the month, I will withdraw my salary from it. The #4.5million actually my current account balance. If I should factor in all my withdrawals then the total money realized in the twelve months should be around #7million in all using 500k as capital.

Abeg, trading dey pay if one get the temperament.

My own condition is that I am not in love with any company and I don't mind losing every now and then. I dey quickly cut my loss and run enter another trade. I don't really care about broker's fee as long as I dey make my own money

yMcy56:

This question is honestly meant for my Ogas on top.
They're in better position to advice at this point.
*Modified*

...more upside potentials for some banks

olujaidi:
Dear House, I'd like some clarity on something.

I succeeded in buying shares of Nestle at 930. However, the daily price list for the day of my purchase shows that the intra-day high was 901 which is way less than how much I paid. Is wuru wuru going on or am I misunderstanding something?

Please assist.

The system might have treated your entry as spike!

Princkez:
VOLUME of TRANSCORP traded in last few days....

Thank you for sharing.
The increase in daily volume is critical for TRANSCORP.

Agbalowomeri:


The dumpers are waiting for the dividend hunters 😂

...some are actually good to buy now & sell when ...

Is the Banking Sector Preparing for a Potential Decline Ahead of Results Release?
Based on the chart, banking sector outlook looks suspious for another downturn. The month of January candlestick reveals significant sellers coming to the market driving the index from 11031.04 to a close at 866.93. Both the bulls and bears were undecided on whether to continue draggiing the index further down or drag it up in February. The 2 months invariably created a big barrier (894.93 - 979.65) for March, as it has to close above 980 before there can be respite for the index to tick up.

Failure for the banking sector index to close above the top of the barrier in the ongoing month, will see a decline in the sector (and many banking stocks) in the coming month(s)

PLAN YOUR TRADES AND TRADE YOUR PLANS

ndept:
@Bullbearkmt, et al, what is TA saying about sugar and salt please?

DANGSUGAR
-Long-term struture is bullish
-Price showed rejection last week (positive)
-Price may retest 52 this week, but a close above 59.50 on good volume this week, will indicate stock ready to go higher

NASCON
-Last week ended in indecision for bulls and bears; this week can end positive or negative. Sentiment will carry the day!
-Weekly still looking for good support
-This week activities critical for Salt.

KarlTom:
The conversation should have gone like this:

Husband: Honey. I owe you some money right?
Wife: Of course!
Husband: I thought so.
Wife: Before nko. *rolls eyes*
Husband: Here's my ATM. Withdraw ₦500,000. Deduct whatever I am owing you and keep the balance for yourself.
Wife: Thank you

Good one!
...but remaining the N500 recharge card the husband promised to send

Mfunkynation:
Hmmmmm...
people are leaving Transcorp for Power oooo..

...so also people are buying Transcorp and leaving Power - destination differs

Streetinvestor2:
Mtn is going down to #100.They think they can cook up any kind rubbish as results. All south African companies in nigeria are fraudulent.

...mention 1 Nigerian company that is not fraudulent?

Agbalowomeri:


Lower low

...expect some reactions (for MTNN) at current level; likely to go further down to 160 though

debostar:
I am having problem with Morgancapitalgroup website.It keeps saying error 403 forbidden.
Is anyone having the same problem?
Any solution

...the problem likely from your end!

BuchyD:
Mondays are Known For "red".
How Red it's gonna be?... I can't say.

It is always A Good time to (re)enter some stocks for Those who Have spare cash.

HAPPY TRADING!

...today entered as a "red" Monday as you anticipated

BuchyD:
Mondays are Known For "red".
How Red it's gonna be?... I can't say.

It is always A Good time to (re)enter some stocks for Those who Have spare cash.

HAPPY TRADING!

@BuchyD, I understand you made innocent post; but the reality is market can either be red or green on Mondays based on data

Happy Greenwich Week!!!

Agbalowomeri:


Next couple of days is critical for the banks. Either a rejection or a breakdown

...good analysis!!!