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Elai147's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 10:01pm On Nov 06, 2014
Gbam! The Bears don finally discover Wapic for where e hide since. See you soon @0.50 kobo, if not 0.01 kobo.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 9:42pm On Nov 06, 2014
I Smh for those that are blaming Myjoy08 for their failures. He has always included DD in his stock picks and if you actually did your DD, you shouldn't blame him because you too didn't see it coming. Common sense should tell you that you can't blame anybody during a bearish season, especially one that has a correlation with current happenings around the world or country. The World stock indexes are diving, Oil price is falling and Nigeria being Africa’s largest producer of oil is finding it difficult to defend its currency amid election uncertainties for that matter and some people are blaming one man in NSEMPA for a steep fall in stock prices. Na wa sha... Please if you did your DD as advised, blame yourself. If you did not do your DD and fell hook, line and sinker for any prophecy, prediction or stock pick and still come out here to say rubbish, you should be ashamed of yourself. If I were you, I would go to third mainland bridge and jump.

Once again, Welcome to 2008 saga! grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 7:04pm On Nov 06, 2014
UkwuAmu:
Bra your boy is loyal ooo. how makeet ?
BLOOOODY
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 1:11pm On Nov 06, 2014
Agbalowomeri:
FYI oga Emma is selling all his real estate at the moment getting ready to plunge into the market
What a decision.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 12:05pm On Nov 06, 2014
Agbalowomeri:
Only if u stand apart from the herd would you make the best of every market turn

#StayTuned
What if the herd comprises 99.9999% of market participant? Dat means na only u and oga Emma Ewumi go likely be the 0.0001% wey come remain. grin grin grin

Abeg na joke ooo. I no mean to wake oga Ewumi from sleep.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 11:53am On Nov 06, 2014
Chibuking81:
This is Chibuking again, when I was warning earlier that stock will fall, that cash in king, many refuses to listen, fake analyst were busy confusing a lot of people. I state fear of known as a result of politics to be the cause of market down fall, I maintains earlier that foreign investors will withdraw their money, likewise the Nigeria politians, including those of us that got the experience from the event of the past. I warned that, Billionaira will turn to millionaira, and millionaira will turn to thousandnaira. The market is in the season two moving to season three, and will end in the bearish season six, before taking a reverse by next year after election, remember I meant good for all of us, brother and sister in the lord.
grin grin grin

@Chibuking, Bros abeg increase it to season 9. I can't wait to buy Oxygen @N5

Since no buyers for market, anybody interested in selling some stocks should let me know but no vex for d price wey I go ask for.

@UkwuAmu, u don wake up?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 5:13pm On Nov 05, 2014
Dexterax:
Dexter wey don SELL APR since...i dey slack?

Make una dey there...Dexter loves APR ko....
Dexter loves APR ni grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 5:09pm On Nov 05, 2014
UkwuAmu:
Bros there is difference between dow jones and omoluabi savings oooo
grin grin grin
grin grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 3:29pm On Nov 05, 2014
Toluway:
Have we been hearing from you?
grin via revelation.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 3:24pm On Nov 05, 2014
grin grin grin What a bearish season.

Big asss don start again: adding acid upon bearish season.

Oga Passwelle, e be like say u new hear this "stop loss". Na so so stop loss wey dey read for your post.

Once again, I welcome you all to 2008 saga! IJN grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 12:21pm On Nov 05, 2014
It is really well BnSITL. WELCOME TO 2008! grin
InvestmentRe: Treasury Bills In Nigeria by Elai147: 7:19pm On Nov 04, 2014
obiak4:
maybe it was changed d doc i have from cbn says 6/11/14 check it out
It's usually a day (Wednesday) before the indicated date. Some of the dates are maturity dates.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 3:12pm On Nov 04, 2014
4dchairman:
Definitely the institutional investors both foreign and local started the stampede. The we are those that lost confidence in market.
I include myself because I'm tempted to exit my position and regretted that I took the position earlier. [b]Notwithstanding, we[/b]need to regain believe for the market to rebound.
Since you are tempted to exit your position, who is now the "we" that will regain believe for the market to rebound? Fear and emotional trading is normal in a situation like this. What is currently happening is not a new thing and there is absolutely nothing we can do because the percentage of local investors that participate in the NSE is low. Where will the confidence come from? Our reliance on foreign investors in the NSE still hold true and until confidence is reinstated in the market, local investors will continue to keep the distance. So until after elections, the uncertainties will remain. The only thing we should worry about is the final destination of the bears so as not to be in the market just in case we are about to experience another 2008 saga because this was exactly how it happened in 2007/2008.
InvestmentRe: Treasury Bills In Nigeria by Elai147: 1:13pm On Nov 04, 2014
obiak4:
6/11/14 but before you do that make sure you have idea of the stop rate
The next auction is tomorrow 5th Nov. 2014
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 1:11pm On Nov 04, 2014
grin grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 10:22pm On Nov 03, 2014
Charlesnerd:
- A long term portfolio of consistent dividend paying stock (s). This is your cash cow that keeps you going,even in a market downturn.
- A short term portfolio of stock (s) that can give a good return within a short period of time. Any profit made from here (JIJO things) would be used to fortify your long term portfolio.
- A healthy reserve of cash invested in TBs or other high yield fixed instruments.These positions can be liquidated and used for equity purchases during a market downturn as is the case presently. If the market rebounds, some equities could be sold off to enhance your liquidity position ,while the residual equities could be moved to your long term portfolio.

In this way one can hedge against risks and maintain a healthy,profitable portfolio.
Gbam! Adding real estate will blend everything and make it a complete investment portfolio.
InvestmentRe: Treasury Bills In Nigeria by Elai147:
REDDEVILS1:
I have some Ideal cash. Pls how is the bidding done. I wz told its held forthnightly. How will I know the interest. Am a novice at this pls sm1 enlighten me. Thanks a lot
You may bid via your bank and state your bid rate in an instruction letter to your bank at least a day before the auction date. However, I won't advice newbies to go through this channel as they may lose out easily. You may consider going through a bank that sells to you from their successful bid (e.g First bank). They are good at it and are most likely to be successful with their bid. This way, you are almost guaranteed a successful purchase but you must accept the interest rate that they give to you. In most cases however, the rate you get won't be far from CBN's stop rate. Plus, you get an option to rollover your investment and worry less about subsequent auctions. If you however decide to bid via your bank and eventually lose out, you may consider buying from the secondary market instead of waiting for the next auction.

You cannot know the exact rate as it is determined by an auction (held fortnightly) in which the final decision lies with the CBN.
InvestmentRe: Treasury Bills In Nigeria by Elai147: 8:25pm On Nov 03, 2014
coderXO:
Usually you can transfer from dom to naira, granted both accounts are under the same login with the bank.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 7:41pm On Nov 03, 2014
UNLEASHED:
I can't sense a real advice from a sarcasm, like I said before I'm an absolute novice dealing with stocks and a dormant trader at that, well thank you if it's a genuine advice but if it's not, you shouldn't have replied at all
It was not sarcasm. @Carpenter actually meant well and gave you a good advice.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 7:36pm On Nov 03, 2014
passwelle:
Good example Sir. With a 10% stop loss, you would have sold at N30. If you are then able to get back in at 14, 15 or even 20, when the retracement started your handsome profit, would have been much more handsome with all the bonus and dividend to wit. I am not asking anyone to sell, hold or buy. I just want to learn more about this paper loss mentality.
Remember it was an IPO where you can't even sell without dematerialising your share certificate let alone using stop loss.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 6:01pm On Nov 03, 2014
Meanwhile, Meristem gives a BUY rating for SKYEBANK

http://www.meristem.com.ng/uploads/files/Earnings%20Update%20l%20SKYE%209M2014.pdf

- No hunt for Monkeys intended. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 5:52pm On Nov 03, 2014
...The index has shown a strong bearish momentum in the last trading month. Evidently, the downtrend is expected to continue in the new trading month with 37,108.30 basis point key support to watch. A breach in this support level would drive the index more downward. On the other hand a breach above significant resistance 39,152.10 basis point would bring optimism in the stock market.

Conclusion:
The Nigerian Equity market remains not attractive as the bearish momentum is expected to continue in the nearest future

Long term: Bearish
Medium term: Bearish
Short term: Bearish

Read full analysis here
http://trendonomicsng.com/bears-become-dominant-nigerian-stock-market

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 5:09pm On Nov 03, 2014
grin grin grin grin grin grin grin grin grin grin

Na wa for this bear ooo. Oga Chibuking go dey laugh for wherever him dey now. Abeg enough of this ascending teething sequence. We should sometimes do the descending sequence make e no dey boring for the non-members of the teething family.

Happy Teething Day!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 12:35pm On Nov 03, 2014
Born2berich:
The annoying thing is that i dont have linkassurance to offload. All the nse cowboys no wan gree touch Standard assurance, UNIC, IAI, guinea ins, Consolidated hallmark and multiverse. sad

Anybody buying insurance coy now is doing it at his or her own risk.
Apart from Universal insurance. This stock will go places grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 10:27am On Nov 03, 2014
Skyebank on full bid.

Where oga Aks self?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 10:01am On Nov 03, 2014
grin grin
PropertiesRe: Dangote Cement Slashes Prices To N1000, Launches 32.5 Grade ? by Elai147: 9:03am On Nov 03, 2014
Op, it's true. I Just confirmed from a dealer.

Dangote Cement crashes Cement Price, a bag to now sell for N1,000
http://www.proshareng.com/news/24926/Dangote-Cement-crashes-Cement-Price-a-bag-to-now-sell-for-N1000
PoliticsRe: Agents Of Corruption Are Against Buhari's Presidential Ambition - Tsav by Elai147: 9:26pm On Oct 31, 2014
Caseless:
buhari is a president Nigeria should have again.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 7:15pm On Oct 31, 2014
grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 2:35pm On Oct 31, 2014
Born2berich:
Bros how far, are you in or out? grin
I dey for the fence grin. 1 leg in 1 leg out
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 2:27pm On Oct 31, 2014
Born2berich:
Abeg tell that person to also assist me buy buying my multiverse, UNIC, guinea, Standard assurance, hallmark, IAI shares biko
0.01 kobo dey smell follow these stocks grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Elai147: 2:23pm On Oct 31, 2014
passwelle:
^^ Oga Dexter abeg, Oxygen forever!
grin

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