phoinix:


Not true, for MorganCapital a complete round of buying and selling will set you back 2%, with 4% I am effectively sharing my profit in two. Do you still want proof?

Morgan capital approximately buying and sell,everything put together is about 2.2%. Meaning with 4% you gain is about 1.80% not bad, but one with that strategy can jump in only to gain but ended up loosing 4% all together with the brokers including commission. Technically serious offload is going in the market, take a close look at ETI and almost all the stock. Those concern the big Cap are offloading, and it's a sign to be conscious of.

DrAwo:
http://www.nse.com.ng/Financial_NewsDocs/30931_UNITED_CAPITAL_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FO.pdf

We have lift off...

Good result

No one is against unbundle of UACN, but I feel that with their current price they have price in with their unbundling news, their price need to lower to #4 to pick some other passengers, who will be willing to wait till December or next year when the unbundle news will materialize. Take for instance you are in the unbundle vehicle @ # 7 and Zenith bank visit #12 and UBA visit #4.80, UCAP visit #2 Dangote cement below #100 and you still tell me to keep on balancing well in unbundle motor at #7. As other vehicle are changing gear, they also need to Change gear.

Tvegas:
Lol, I thought you advised people to enter and alight at KM 12. It's always a risky strategy investing on hope. Uchetoba come and see your people.

It's a strategy, another date will be fix.
Good luck to those in the unbundling vehicle.

emmanuelewumi:


One of the benefits of bond investment, someone here bought a 30 year FG bond about 2 years ago at a coupon of 16%.

Interesting

locodemy:


It's a lie o.
We must finish this work.
Attach Loco in your posts.
I no go vex

Please maintain, but don't attach names

locodemy:
Rising crude inventories set oil on rally.

Chibyke u c me?

Pls I will appreciate if you can make your post without attaching any name. Thanks for your understanding.

leo1234:


You said this week o.

Try to read my post very well before quoting wrongly, or better still quote the particular post for better and properly understand.

If I me ask, are you waiting at your junction with cash in this bonanza period, or are you waiting with stone looking whom to stone?

Remember to grab your offer little by little, someone pick some portion of JB yesterday at #16.55 and some pick this morning at #15+, and others pick Caverton # 1.65 yesterday. And still waiting at lower offer to pick more.

As for Zenith, it's own time will soon come, remembered that first set has picked already at #14.80, while waiting and still looking for kilometers #13+ to add more, which will likely happen as bonanza offer progress.

stcool:


So you know its a bonanza and you are waiting for Zenith @N13

Kontinue

#13 will likely come soon, allow Mr time.

stcool:


Any proof, chart or your usual state of hopeville ?

You are still looking for chart in the midst of bonanza. Covid 19 Era will form a new chat in the years ahead.
Enjoy the bonanza as it last.

leo1234:



What are your reasons
Or is this just a wishful thinking?

I have mentioned my reasons countable times, go through my post and see them.

Mcy56:

Oga Chibu, GTB and Zenith may surprise us, they may want to dip hands in their reserve to compensate investors........only that long term effect of this might not be palatable if economy doesnt pick up on time for them to cover it.

Zenith getting to 13 or so will be highly dependent on how disappointed the shareholders may be if interim is not up to expectation.
This is just my opinion. I may be wrong.
Whosoever is buying should buy fundamentals and be ready to average down should price go lower.

This will likely happen before dividend declaration, rising and falling of Zenith most time don't depend on whether interim or final, the even at times fall when they declare good dividend. The reality on the ground will likely bring them soon to #13 junction.

Companies has up to 2 months to announce their H1 result, most result will be come out by next month of August, Zenith result will likely come out by month of August. So this month and next month are months of uncertainty.
https://nairametrics.com/2019/03/25/nse-list-of-dividends-announced-so-far-in-2018/

https://africanfinancials.com/zenith-bank-dividend-august-2019/

Mcy56:
Megawealth, if you look closely at GTB table for the past 1hr+, you'll see the kind of thin volume lined up from 20.85 to around 19...
Though there were high volumes traded earlier and well above 21 but slowly it started coming down.........lots of uncertainty and double-mindedness on the part of retail bargainers.....
I'll add this, like my ogas used to advise, know what you're buying into. Sometimes you have to close eyes to daily price movement.
Having said this, do your DD and follow your mind

GTB will likely visit #19 this week and Zenith probably #13+ to find support at #14.

megawealth01:
Zenith @15.7 and GTB @21 good buy? The gurus in the house please help... MADAM MERCY and my ogas help out also

Why buying at #15.7 when you can possibly enter at #14+ even sub #14 within this month and next?
Only be patient, market is just doing one step forward and two step backward, at two, three ,etc step backward you can buy.

RabbiDoracle:


I didn't say this o. Na Meshpips and Chibuking81 talk so.

I'm 100% in stocks and still viewing global events and charts.

It is those events that will tell the direction everything will be headed in the short to medium term.

Be specific, I talk of bonaza period which we are inside already.
Stocks will lower their price this period, while Some stocks will within this period see their 52 weeks low, but not all. Stocks like Caverton and Guinness has saw that already and Eterna will likely join them within this week.

Happy bonanza offer, as we pick wisely.

RabbiDoracle:


A leader should be able to do what he tells his followers to do.

You can't say a stock will fall, knowing that you will lose a greater portion of your capital, yet you still hold the stocks in your portfolio.

Now when the trend turns, you will still say that you have the stock in your portfolio. That you don't sell. Remember around end of March 2020 when you said stocks will fall more till April. Stocks rose starting from end of March till May 2020. You turned around and said you didn't sell that you had the bank stocks in your portfolio (for Dividends purposes) .

What kind of a leader does that?

Maybe you are looking for something else, every human has strategy that works for him. If I have UBA, Afriprudent and Ucap at price of #4, #2 and #1 in my investment house and have cover my initial entry price over some years and always add more at their 52 weeks low, is there anything wrong about that?.
Then what if I have another stockbroking firm I use for capital appreciation stocks, buying at lower and selling at year high, and sell to wait for another lower to buy and telling friends that at certain period due to some reasons which are inevitable, that stocks will visit their 52 weeks low, is it bad. Some people in this page only use this medium for monkey hunting which I truly detest.

This page is for market pick alert, how many here has recommended to people the stocks to buy or sell?
Some will only come to ask people to buy after they have entered, desiring to see the market move forward for them to dump it on them, which is inconsequential.

Let this page serve it purpose for good stocks to buy, and the good junction to enter. Also those bad stocks to sell. And for those who always have spare cash, when best to utilize their cash.

Go and check my post, did stocks fall during the period I said, the answer is yes. Maybe you are not happy with recent stock fall, I was just laughing when you said that stock will climb up within this period to their 52 weeks high, while the situation on the ground doesn't support it. We are in the reality which is bonanza period enjoy it as it last. Hope you will not say after some months that bonanza didn't come again.

hectoro:
Good people,

Over 14 years ago I bought ABC and Mutual benefits shares as per penny stocks...�‍♀️ Dividend nada, appreciation, nada. Every time I look at them in my small portfolio eh...

I'm just wondering what to do - please, any suggestions? I notice MB made 'profit' this year but I feel it's audio and no dividend seems to be forthcoming.

Epp a sister...

Is part of your NSE school fees.
Always buy stocks with yearly guarantee payment of above 10% dividend from your entry price. Always watch, should in case the company start going down due to bad management, sell and leave the company on time, and enter another better company with good management, fundamental is the watchword here.

vibesdot001:
I bought my fidelity @ 1.7 pls any advice on how not to lose on that investment

If you are long-term investor no problem, I would have advice you to pick small, and pick later at its lower price. Fidelity will likely see #1.4 /#1.5 within this period.

locodemy:
THIS WEEKENED

Expect a solid news/sentiments to move market next week and our TA will be justified.

Cc: chibuking

No news yet to move the market to northern pole, it's only the reality on the ground that is moving the market to the southern pole, and more southern journey is expected this month.

@STNWAUME
For your information I am stock investor even before you join NSE, I am not fully a jijo member, I buy based on dividend, always like to buy during bonanza offer as we have entered to get more amount of unit for my investment.

My shout is for those it may concern, not you, stick to what that work for you, don't lay the anger of your losses on me.
In some of my stocks, I have recovered my initial capital. My main stockbroking account is purely for investment, any of my purchases there remains for dividend payment. I have accounts in 3 stockbroking firm.
Please hold your advice because you never know me in person. Your sentiment can never stop our bonanza era.

ositadima1:
FBNH at 5?

Stanbic currently at #27.25 full offer, Once 100,000 unit sales is reached today the closing price will change to #27.25.

locodemy:


We all are here.Nobody should run o.
When you begin to shout bull,I will take a look at my TA .

Of course,your bear is my bull and your bull,my bear.

Some times, people need to ask why should Zenith and GTB drop all of a suddenly at the dying minutes of the market, Zenith from #16+ to #14+, which an ordinary investors or jijo member will likely not do, except men in black.
When Wigwe postponed his bank final year result closure of period, and offloaded over one hundred and eighteen million unit of his share this year during the period at #10+ which the bank later drop to #5+, there is something he saw ahead, and recently he picked just four million unit at #6.80+ out of one hundred and eighteen million sales. Probably, to build the hope of some, for them to think that coast is clear and some started buying hoping that stock will soon move to #7, only to witness further fall, again they will rush to buy to average down, and more will be dump on them, till the expected junction of men in black, then they will comfortable buy again in block when some might have loss hope.

Access bank at #5+ or below will not be bad.

Heishere:


On the contrary, banks made a lot of profit during the lockdown

The made profit but not a lot as you quote they will not have negative EPs as expected in other companies. But yet still, their q2 2020 will be negative against q2 2019.

locodemy:


It's obvious zenith and Gtb will trade below 12 and 18 this year, probably during bonanza which is not now.

Just enjoy the best opportunity to ride on the bull now.

We are waiting, which bull? Which news will welcome the bull? Is it anticipated bad q2 result? maybe bear trap? Bonanza has come to stay for a while, you will only witness little upward reversal that is one step forward, and southern journey again, two step backward within this period.

locodemy:


It's obvious zenith and Gtb will trade below 12 and 18 this year, probably during bonanza which is not now.

Just enjoy the best opportunity to ride on the bull now.

In the face two or three of this year bonanza?

Chibuking81:
We are still much more in bonanza period, market within this period will be doing one leg up, two leg down, one step forward and two step backward. Just remember your waiting junction within this month, Access and UBA will likely visit #5 region, Fidelity and FCMB are not far again from #1.5 region and will likely test it, Zenith #13 region, GTB #19 region.

The patient dog gets the fattest bone, remember don't be greedy, don't shift you waiting junction, grab it when it reach you junction.

We are still much more in bonanza period, market within this period will be doing one leg up, two leg down, one step forward and two step backward. Just remember your waiting junction within this month, Access and UBA will likely visit #5 region, Fidelity and FCMB are not far again from #1.5 region and will likely test it, Zenith #13 region, GTB #19 region.

Chibuking81:

People still think that coast is clear, and still thinking that July bonanza announcement is a child play. We are waiting.

Chibuking81:
What a man see while seating down, a child will not see it even if he stands up.
July will bring good entry opportunity. It's not far again next week Wednesday is July 1.

June 24th

Some are still waiting for bullish run in the midst of bonanza face one, when face two is just warming up.

We just witness the first face of bonanza period, second face will soon land, follow by third face.