Chibuking81's Posts
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This is just the bear beginning ![]() Cash is king, if you have not sell, better sell with little lose now and position yourself for better opportunity during January/ February bonanza period, than to experience a bigger lose when others will be experience bonanza period. ![]() |
swilo: ![]() The same CHIBUKING81 Expect massive bull next year after the early next year bonanza junction if all things been equal. Bull started this year, and bear will end it. Bear will start next year and bull will end it. |
Mcy56:UACN is #6/7 stock. |
Godlylifeoneart:Ok, now I understand. But a stitch in time saves nine. |
Godlylifeoneart:Long term investment in Nigeria stock some time is a big risk. Warren Buffet came from the part of the world that long term investment work perfectly well. The part of our world has not gotten to that level yet. Foreign investors comes to our stock market with big amount of money, and always bail out with huge amount of their money whenever the atmosphere is about to change. Taking my advice is not compulsory but of choice. I still maintain that cash is king is better than averaging down. When I said cash is king, I don't mean that one should withdraw his/ her money and keep it under a matrass. The money can be channel to treasure bill, fixed deposit, or remained in ones account to receives little monthly interest, while one wait for bonanza period to take nice position. Being in a particular stock must not be for better for worst affair, unless you are the owner of the company. Some times in Nigeria, the owners of the company take off their money from the company, and left empty company to the ordinary shareholders. ![]() |
NSE at this time has two group. Cash is king group & Averaging down group. Sell at current price no matter the percentage of hair cut (loss) and join the cash is king group, and wait for bonanza period to buy is more better than joining the averaging down group. Listening to my advice, act on it, and thank me later. |
Southern pole leg over continue in NSE stocks. Zenith has leg over from 23 junction to 22, Dangote sugar 16 to 15, Dangote flour 8 to 7, and as we move on toward December, expect many more leg over from all stocks, their leg over will passes many southern junction till it get to the bonanza junction. Soon don't be surprise to see Zenith at 15/18 GTB at 23/26 Flour mill at 16/17 UBA at 6/7 Access bank at 6/7 FBNH at 6/7 Oando at 2/3 Dangote sugar at 7/9 Dangote flour at 5/6 Fidelity, FCMB, Diamond bank, Transcorp, Honey well at sub #1. etc. |
PETERiCHY:People need to forgive themself, we made enough publicity of bear visit before time. Many still think that averaging down is the answer, but my advice to them is to sell and wait for bonanza period. Bear will dominate the remaining part of the year. ![]() |
Yayira:I thought that we are now on the same side? Am patiently waiting for bonanza period. ![]() |
http://dailypost.ng/2018/08/15/2019-prophet-ayodele-speaks-atiku-sarakis-ambition-discloses-will-win-poll/ My concern here is that election will be tough, more than expected. The ongoing election building up will continue affecting the NSE through out this year, we are waiting for the bonanza time to buy. |
austinkenneth:Exactly, they thought that we hate them, but we like them most. Truth is always bitter, but it pays at last. I always like to stand on it, no matter the amount of insult and stone throw. More bear in sight. ![]() |
Agbalowomeri:FMN @#24, what did you think that will be it fair price during election period? |
ASI is gradually dropping and we are watching. It will soon drop below 30,000 before December as election heat is becoming intense, and global economic war is gathering momentum. |
https://www.premiumtimesng.com/business/280027-nse-all-share-index-drops-further-by-0-13.html NSE: All-Share Index drops further by 0.13% August 13, 2018Agency Report nigerian_stock_exchange Nigeria Stock Exchange The Nigerian Stock Exchange (NSE) commenced trading for the week on Monday on a bearish note with the All-Share Index dropping by 0.13 per cent. The News Agency of Nigeria (NAN) reports that the index shed 46.19 points or 0.13 per cent to close at 35,399.28 compared with 35,446.47 posted on Friday. In the same vein, the market capitalisation which opened at N12.941 trillion lost N18 billion to close at N12.923 trillion following the dominance of the bears. Guinness recorded the highest loss to lead the laggards’ table, dropping by N4 to close at N90 per share. Flour Mills trailed with a loss of 60k to close at N24, while Oando dropped 30k to close at N5.25 per share share. United Bank for Africa also depreciated by 30k to close at N9.15, while Guaranty Trust Bank was down by 20k to close at N38.80 per share. |
currentprice:May be I will change my moniker to bloomberg.com for people to start believing. Bear family will take turn by turn in NSE the remaining part of this year. Nigeria election always has a very big role to play in NSE, this is due to undemocratically nation of our government. Election always come with tension, recently the political environment, from the fight between APC and PDP, through executive arms and legislative arms of government shown our nation as been in a state of anarchy. And any foreign investors that still leave their huge amount in NSE, seems to be taking a great risk. Because once there is change of government, which will soon happen, the companies patronised by the outgoing administration will be affected badly. I will not recommend any stock for anybody this year because all stocks are going down, it will be turn by turn, new members be aware, to avoid giving your money to the bear family. The best time to buy is beginning of next year, during election for the risk takers, and immediately after election for everyone. |
kolaish:Noted, one love. |
We have 5 months before February election. Anticipation of q4 result usually push the stock price high. Every quoted company in NSE are expected to release their final year result on or before 31st March every year. Investors and traders usually take position starting from November ahead of time. But this year position taking will be different, because of anticipation of change of government, which will likely take place. Our money might be out of market, but we are not completely out of market. Research must be ongoing to know the companies with good result, so that one will take position during January/February election bonanza period. As far as am concern, now is not a good time to buy, because majority of good stocks will still lose weight, Q3 result will not stop the bear this year, but it will help the bull return next year once after election. |
oyesola: ![]() |
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Sau24:https://www.wakanda.ng/rivers-state-commence-recruitment-10000-teachers-soon/ Rivers State To commence Recruitment of 10,000 Teachers soon By valentine -August 8, 2018. The Rivers State Government is set to embark on the recruitment of 10,000 new teachers in the state. The Rivers State comissioner of education, Dr Tamunosisi Gogo Jaja disclosed this in a statement made available to Views Media. Dr Gogo Jaja disclosed that the new recruitment is part of the vision of the Wike- led Government to reposition the state educationally and also curb the rate of unemployment amongst youths in the state. Dr Jaja stated that the state ministry of education is ready for the recruitment of the new teachers and is only waiting for the approval of the state governor,Barrister Nyesom Ezenwo Wike. Other non academic and auxilliary staff will also be recruited. The recruitment exercise is to commence in the next academic session in september 2018. kingsjeroneyah has posted it before. https://www.viewsnaija.com/2018/08/breaking-rivers-state-government-set-to.html?m=1 September should be the commencement period for application. |
Mcy56: ![]() Lecturers some times do attend school to learn new things. |
Mcy56:I also recommend Mcy56, she also has years of experience in NSE. ![]() Everyone is important. Anything this time is to sell and wait for the main election bonanza |
Yayira:During election week will be proper, because there will be election bonanza. Bear must surely visit the market with election bonanza. |
waliezi:I disagree with you, Amaechi meant well for those he employed. Toward the end of his tenure, the federal government starve him of fund, he struggle with the little he got, that is the origin of accumulation of salary. Wike also meant well too, by keep on with their payment. As far as am concern both of them try. Amaechi government gave the job, Wike government retained them and continued with their payment. I like their both effort. Without Amaechi many wouldn't have gotten government job today, and without Wike retaining them many would have been out of government job, even when the wicked ones was asking him to sack Amaechi employed workers, Wike refuses, but carried on with them. Both of them are heroes. Wike should please as matter of urgency promote the workers, and implement it before the general election. |
dmercy141983:That's good |
Yayira:All political criminal ( APC) want to outsmart Papa Deceive Pikin, ( PDP) But it will not work. Grand papa of bear is coming. |
For late releasing of q1 Conoil result, they are afraid of bear, despite their growth, going by their current price, they has poor result, and their suppose fair price should be #4/ #5 Q1 EPS of 30 kobo, meaning that their final year EPS should be around 120 kobo. NSE should lift their ban, let them face their punishment. They are at positive side with this suspension, because their price will be stand still as along as this suspension last. They planned it.
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dipoolowoo:In the period under review, Conoil’s shareholders’ fund grew by 1.2 percent to N18.1 billion from N17.9 billion, while the earnings per share (EPS) increased by 21.8 percent to 30 kobo from 25 kobo. |
hyness:@Agba, more people are joining the waiter group. Election period January/ February 2019 bonanza period will be a good entry period. ![]() |
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