₦airaland Forum

seyisanya:
So?

So?

https://www.ripplesnigeria.com/coronavirus-uk-goes-on-total-lockdown-records-52-more-deaths/

Many still think that company will still make high EPs in their 2020 q1 and q2 result as of last year, when the country are undergoing lockdown processes with recession nocking at the doors.

[quote author=leo1234 post=87717381][/quote]Don't be confuse, yes I still have stocks that I have not sell, and will not sell, also I have those I have sold and will still reenter at lower price. It's not good to test the river with the two leg, or to put all my egg in one basket.

Did you think that all is well with the country, in the midst of the current happening?

You will get the answer by q1 and q2 result.

https://www.ripplesnigeria.com/breaking-buharis-cos-abba-kyari-tests-positive-for-coronavirus-president-negative/

http://saharareporters.com/2019/08/21/buhari-new-ministers-go-through-abba-kyari-if-you-want-see-me

https://www.legit.ng/1314365-coronavirus-anxiety-35-senators-returned-uk-mingle-others.html

With the news above all the Nigeria ministers currently at risk of contracting corona virus, this including our president. Where are we heading to?

This has pass be careful.

ZikkyChops:
https://punchng.com/expect-recession-worse-than-2008-global-crisis-imf/

That's very true.

Princkez:
Brent crude sighted @$30.30

But Nigeria is gradually shutting down, Atiku Abubakar son tested positive of the virus, Bauchi state governor that have a handshake with him is on self isolation in his house for 14 days.

https://www.premiumtimesng.com/regional/nnorth-east/383381-coronavirus-bauchi-governor-on-self-isolation-after-shaking-hands-with-atikus-son.html

RabbiDoracle:
But it is the truth na.

Imagine someone who bought around January 2020:

GTB at 34
Access at 12
UBA at 9.25
Zenith at 23

They are all on over 50% loss as we speak.

They don't understand what you are talking about when yob talk coronavirus. Temperature don rise well well

If you check temperature, you may quarantine them thinking they have fever. But it is not fever.

Then imagine all the stocks recovering at a record short time and making their portfolios green, even if there is increasing cases in Nigeria, they won't care about the corvid19 numbers.

RabbiDoracle:
Oil prices will pick up as countries with higher Break even cost start to shut in and abandon production. So it is normal.

Once it goes higher, production can be restarted.

It will affect Nigeria, because Nigeria will be among the country to shut down production being among the affected country.

Or you don't see it that way?

ukay2:
So you never re-invest your zenith bank dividend. ..

You don hammer Sir.

I don reinvest mine.

Waiting for UBA and ucap dividend payments this week

ButI have one big sharp cutlass hidden somewhere in want to use to enter market very soon when I see more LOWER LOW PRICES of my choice shares.

I use it to invest in education, but will still replace it, once the reality drive the stock to my waiting desired junction.

https://www.premiumtimesng.com/business/383519-coronavirus-low-crude-oil-prices-may-force-nigeria-to-abandon-production.html

Nigeria government at junction should seriously look into other section that will survive our economic, too mush dependent on crude is dangerous for the survival of the nation.

But come to think of it, is USA also depending on crude oil?

veecovee:


Now you are doing your own abi?

Ministry people

Am not the one causing crude nor Dow to behaving the way it behaves. Or the one that bring the news of corona virus in Nigeria. What am talking about is the reality on the ground. I still have stocks I have not sell, and will not sell. Some call for stock fall, and corona virus surfaces and help their ministry, and really going below their expectations. I am investors who want more unit of sound fundamental stock at cheaper rate since the situation has introduces it, let it last so that we can help our ministry.

Or you don't want more share at cheaper rate?

ukay2:
Loooooool

I pity you

Stones go full your head this morning

I will put on helmet
When I was fully balancing in my Zenith vehicle, waiting for our dividend, group of gang was waiting for Zenith at sub #11 releasing news upon news, suddenly unforseen corona virus surfaces, drive the vehicle to the various junction, and still drive down. As they settled down in the various vehicle, with their wishes of seen upward return, the reality now resurfaces, and has still hold the stick to drive most vehicle to another km 10/20% more.

https://www.thisdaylive.com/index.php/2020/03/23/faac-shares-n581-566bn-february-allocation-to-fg-states-lgs/

The sharing is a good news irrespective of shortfall in revenue, at least salary will be paid on or before 31st March, I.e 7/8 days after FAAC sharing.

Many whom were already inside want stock to skyrocket, but when waiting at their various junction, they want stock price to come down
Suddenly they don't want it to go below their entry point. What a sudden change in mind? While some group still needed it at their various junction.

Intendy:
https://thenationonlineng.net/covid-19-nse-to-shut-trading-floors/

Will they also shut down realtime online trading platform?

RabbiDoracle:
If I am to go by interpreting charts o, banks should start to fly by tomorrow. 10 10 percent rise. Where there is maximum fear, the bull lurks around.

There is a strong positive divergence. Very strong.

That should be bear trap in your word. is like you entered at last low of bonanza part 1.
From both local and international news, the bear is still much around, and lowest low process is ongoing.

seyisanya:
Exactly! God bless oga Chi(In Davido's voice). Please sir, don't stop. We bought more Zenith and GTB today. We need to buy more at N9.65 and N15.10 respectively tomorrow. So shall we continue until dem both reach N0.20.

Then who are those constantly supplying 14 million offer, with fake bid to balance the equation? Once the offer reduces more will be supply, once the bid increase by mixing up with fake bid, the fake will be withdrawn and the real bid will sell through, more fake bid will resurface again.

Just like game the bus drivers and agboro fake passengers play while loading their vehicle, once the really passenger enter fake agboro passenger will come down. Stocks are cheap world over, both in the first, second and third world countries.

FPI are still Bailing out to position their fund in the first world countries stocks, once they drive the stocks to my junction, I can comfortable enter to retake my position.

Bonanza journey just pass the first round today, round 2 will come tomorrow.

Zenith script today seen to have finally finish, now on fully offer. Today coming to an end. I think km 9 might show up tomorrow.

thesilentone:
Keep imagining whilst others are taking action. If only wishes were horses,.... At the end, every one has a finite amount of money. There is a limit to what your imaginations of these prices will add to your bank balance. I can imagine that Tesla will be sold for £1000, if I can't afford it, my imagination doesn't amount to anything to me.

Your scaremongering is good, it allows for balance and rebalancing. Let's hope you keep it up.

My point is based on reality on the ground. See me see market, I will not miss any vehicle, I will enter whenever the reality on the ground show signal. As for now am waiting at my bonanza junction.

Come to think of it, are you still expecting 100% reverse within 2 weeks? Crude oil fall from $70 dollars to $28 dollars, China that buy good percentage of crude oil were just recovery from the corona virus. American that consume 20% of the world crude are currently lockdown.

Please sometimes, forget about the negative approach toward my post, and get the reality of the message. Honestly things has tumble.

The investors whom are not active can still be buying, because like ZB after picking the passengers at km 9, 8 and 7 they will still move up when the dust finally settle .

RabbiDoracle:

We shall soon dance while selecting
Amaro zi mu ebe nga ebido ebido.

Mcy56:
Zee: 10.70
GTB: 16.75
Fidelity: 1.61
JB: 21.95 ......sold down to 21.35 earlier
Fbnh: 3.70
UBA: 4.70, 4.85 now, back to 4.55
Access: 5.65
ETI: 4.45
UACN: 7.40
FCMB: 1.54, still doing strong-headed, my bid at below 1.50 not attended to since

I dey come.....

Imaging the number of share one can acquire with Zenith at #5, UBA @ #2, GBT @ #8 Fidelity @ 80 kobo, FCMB @ 70 kobo.

RabbiDoracle:
Fed will wound the market worldwide with liquidity. Man versus printing press.

Machine will always win.

https://oilprice.com/Energy/Energy-General/US-In-Lockdown-The-Biggest-Threat-To-The-Oil-Industry-Ever.html

Nigeria is heading toward the same lockdown that USA is currently facing.

RabbiDoracle:
Maximum fear.

This market looks like it could reverse after today. I hope I am wrong today.

Strong positive divergence.

It will likely not reverse tomorrow. The journey just Begin, Brent crude oil price is on the red territory $27.83. And now Nigeria case has pass the level of what crude oil price can help, government is shutting down many things.

It would have been good if the like of today exit door was provided during this year first bonanza period.

Biafran4life:
To all monkey hunters,pls help a brother.I need UACN down.Pls play you game...lol
Cc chibuking8
and others

Brother is like you have finally bail out.
Don't worry you will soon see it at your desire junction this week.

Biafran4life:
okay now, people are seeing what I saw

Once you quote my post, that mean you needed more update.

Many door are still open in NSE for bonanza gang to bail out and wait for bonanza part 2, soon no escape root will be granted, in order to welcome bonanza part 2. Crude oil and Dow are currently on red flag.

Coolcash1:
Its like you this man wants to buy it at N0.20....I doubt if you even have any stocks at all because you are just a panic-merchant on this forum.

My Update don't add or remove anything in the market, the stocks price are answering clarion call, am waiting at #5 junction for zenith.

Don't forget, I collected the mic from someone.

Mcy56:
Zenith back to the car park where it picked some passengers in the first trip.
I couldn't follow the first trip but I don jump inside the second round trip now, we see how it goes.

You jump too early.

sellydion:
Anything could happen. It is no longer about 10% Green/ Red. It is about public health.

I know it's all about health, that's why I like to update people on the current happening. Many will not have been victim of 2008 economic meltdown if there was proper publicity during that period, many would have bail out, without losing almost everything. Once one completely depending on positive news, he/she will end up finding oneself in the hospital bed.

Biafran4life:
You believe everything you read on paper.In 3 states I have family,they are not observing it.My kids are going to school tomorrow as they have exams.And our church services still held with full capacity.

Please do update me on the situation of school close in those 3 state, by the end of today.