₦airaland Forum

Agbalowomeri:
http://www.nse.com.ng/Financial_NewsDocs/9412_SEPLAT_PETROLEUM_Q1_MARCH_2015_FINANCIAL_STATEMENTS_APRIL_2015.pdf

Destined for the gutters!!!

You harsh ooo . Let's see where this ends up at!!!!

josab123:
Good morning,

a good dry Land in developed area of Ibeju Lekk measuring 120ft by 60ft is available for exchange of four wheal driveby the owner.

kindly call to be taken for inspection.

have a nice day.

Where is the location of the land and what four wheel drive SUVs are you looking for?

Moneysage:
Certainly, Sir, I agree with your analysis. And, in the voice of myjoy08, I would say "Buy, buy, buy, buy". My caution was on increasing your stake in your current holding, not on accumulating new gold mines. I was worried that your earlier post sounded like you are "averaging up".

I hear you boss

Moneysage:
@Boss FranklinRich: Always enjoying the ride. Be careful of accumulating on thy paper profits. Would you rather exit at the peaks and await another trough?

@soloniger: Day traders might use 1-2% (I would prefer 1%). Short termers might use 5% and 8% for tranche-purchase/exit by intermediate or long-term investors - all excluding brokerage. Kindly share your view, too.

@Pastor SWG-1: So na you stand gidigba like rock inside that PROP stock? Biko, allow us join at #10 before the final onslaught. Plus, I hereby plead for the Otta coy: Let sleeping dogs lie. Don't monkey-hunt on that coy, cos some of us dey watch am in 4-D. Biko!

Oga Moneysage, I have not really seen a reason to exit any of my positions yet. My analysis of the market/economy favors a gradual accumulation of selected stocks so I have decided to just keep buying in tranches.

Moneysage:
@FranklinRich: It's interesting watching investors' sentiments in HD. You learn a lot about life, not excluding the futility of predictions. Hope you're currently devouring another "Buffeted" piece.

@Toluway: mercylicious has said it all. But, hey, the new Toluway seems different from the one I used to know. Did someone hack into your account or is it an effect of the prolonged market slump?

Moneysage, I must say I have been amazed by the quantum of predictions been presented here with no regard to any form of fundamental/technical analysis. Well the market always has the final say and it sure knows how to humble us when we least expect it.

I have not read any Buffet piece in a while but should pick u something soon. Hope you too are enjoying the present euphoria in the market? The stocks I bought during the bearish season are doing me proud and I am going into my accumulation phase in the next couple of weeks.

Moneysage:
It is worthy, at this moment of investors' adrenaline surge, to recall how fallible prophecies are. Recently, a certain pRoPhEt chibok foresaw fire and brimstone regarding Nigeria's 2015 and hinged his investment decisions on it. He continued to dissuade many people from investing based his suspicions. When his predictions failed, he disappeared into thin air...maybe started accumulating stocks in secret. (only to return later for unsolicited posts on profits he had made)

About 9-11 months ago, Oxygen was the rave of the moment on this thread. With people saying "Oando will get to N35; see you at N100 etc" People even used hastags #teamtranscorpoando. I remember those days if intense emotions. Yet, we know where the stocks are today. And another season of forward looking statements and emotional outpouring from investors of Oxygen has started again.

@megainvest (and all traders with sound reasoning): This post is not to disparage you or trample on your right of opinion. It is to remind us that some posts are better kept to ourselves, and not shared in public space. In the long run, the market doesn't care about the feelings, wishes, impressions or projections of any investor and many future-looking posts don't often help any sound investor. They only generate emotional stress and arguments among investors.

Saying FBNH will get to whatever price on Tuesday because of the recent trading on it can only be laughable. Why Tuesday? Why not Monday or Friday?

Proverbs 17:28

#peace

well said!!!!

Dragonking:
bornagain ke make evilspirit better pick race commot from this thread ooo.

Nothing were person no go see for here. After evilspirit comes bornagain

myjoy08:
Oya watch OANDO CEO here...he don start oooooooooooooooo

https://www.nairaland.com/2229361/femi-otedola-dangote-visit-buhari

Realignment all the way. Portfolios will have to be realigned too

With the turn of events in the political arena and the unexpected bull which has been raging in the NSE for some days now, it is clear that a certain prophet's advice did not come to past. This prophet has already gotten the wrath of some members of this forum who followed the prophet's advice and might not have keyed into the present bull.

As a noble statesman of the NSE and in Gowon's voice I would like to say "no victor;no vanquished" to all the prophets and distinguished members of this great forum. More opportunities abound in this great market and like my ogas will say we are all making money this year. Long live Nigeria, long live NSE and long live the members of NSEMPA

chillykelly86:
Krisuba, Franklinrich,myjoy08, josh121& passwelle, this thread you are viewing while we're following JEGA bumper to fender, DIARIS ....

Kagame:
Meanwhile, Brent is having a very bad day - $56.66.

While the dollar continues to strengthen. Inverse relationship thinzss!!!!!!

ogadeolu:
Hello my people, what can you recommend on Union ventures & Petroleum Plc.
Thank you.

Except you have some insider information about this company. I do not think this is a good buy.

It's the Friday 13th effect

Uba bought ; more Fbnh added. Looking to add some Afriprud.

#teammorelowprices

Oga stockbull, I don join your team ooo

Uba still on my mind....

#teammorelowprices

FrankTalk1:
People are loosing money and you are saying down more?

So are people wanting to buy low so they can gain

Kagame:
I wish Transcorp would come down to N1. I would gladly buy as much as possible.

Ive been waiting for FBNH @ N5 since last year.

Yes ooo. After the news on Saturday, I reviewed my entry prices downwards immediately

Kagame:
@Franklinrich

You are correct.

Currently,the bid-ask spread for the USD/NGN at the interbank market is N5+.

Investors who wanted to see out the elections are not comfortable with the recent uncertainty caused by the postponement, so they are making hay while the sun shines. Also note that wealthy Nigerians are not left out in this scramble for the exit door. There is this unfounded fear that elections might not hold so its a flight to safety before anarchy becomes the order of the day.

As for the NSE,I dont know if we would see much volatility in the coming days, as equities are already battered and are trading at the lowest of lows,despite the slight recovery in crude oil prices.

Yes boss .Me thinks the NSE will test more lower lows in the coming weeks.

Make I go join oga 9free for that mountain, hopefully we go see transcorp buy at that em price target.

Aks:
@FranklinRich - Smart investors will still make money irrespective of the condition - that is the IRONY of it

Yes sir. They will or rather we will.

Naira just hit an all time low at the interbank market despite the CBN's intervention,the naira is also poised to go low within this week.

Can the great grand papa bear be looming in the NSE?? Only time will tell..

#contrarian mode activated

Kevostica:
Bulls

Bulls in all this uncertainty I do not really see this happening. We might see more pressure on the Naira in the next couple of weeks and I wont be surprised if we see a N220/$1 in the parallel market soon.

immanuello:
Yeah,sir Frankrich,thanks for the raising of d most salient fact.well @i will be watching till all their refuse to work then this stock will be good for like #5.50 or #6.20.

Oga immanaello, this your prices dey give heartache sometimes ; but like they say nothing is impossible in this our market. If someone had told me a few months back that I will get FCMB @ N1.99, I probably would have doubted. In fact one of our ogas here said we should wait for it at N1.25. This price go really be good valentine gift oooo

Whatever happens though, I will be sure to accumulate Fbnh at this your price levels.

kotlass:
Those of us waiting for FBNH to plunge below N7 will have to be patient. Seems the market makers are ready and able to keep the support at N7 mark. The prowling continues.

Reminds me of when FCMB market makers were showing themselves some months back and was holding the stock price up while other stocks were falling. In the words of one of the ogas here "dem go soon tire"

WTI crude hovering around $48 after losing close to 8% today.

Seems like we are going to see a U-shaped recovery for brent crude/WTI and a lot of range bound oscillation around the $40-$50 price range.

#Bulls make money, Bears make money, pigs get slaughtered.

davide470:
We are getting there...

Dead cat bounce probably!!!!

#APR, UBA on my mind

chillykelly86:
I hardly make statements that suggest I am trying to manipulate investors.
But in this period, I must note that the macroeconomic uncertainties have been more that compensated for.
And sincerely, I don't believe Nigeria will break on account of the election.
This is a period of positioning for me; in 3 months time, some people will look back at these times with smiles while others with regrets.

Gbam!!!!

Kevostica:
will join u at N1.25

currentprice:
my brother how market

Chibuking81:
what work for Warren Buffet may not work for you and what work for you may not work for Buffet. NIGERIA is filled up with manipulation. Stock market is on fire.

I am not warren buffet and I do not intend to be him, all I saying is that most times being a contrarian can set you apart from the crowd. We all know these are turbulent times in the market but as an astute investor you can pick fundamentally sound stocks when the market prices them down, provided you have a long term view. I just got some more FCMB at N1.98 after buying my first tranche @ N2.01. I have done my risk analysis and this price range suits my overall buying strategy.

Chibuking81:
Whether full bull, half bull and mini bull, or the reverse, grand papa bear, papa bear, and small bear in the Nigeria stock exchange market, what am seeing now is that there is fire on the mountain,........................

And the flip-flopping continues again. Which one your followers go take now?

Economic uncertainties(exchange rate instability and declining oil prices) + geopolitical risks + impending social crisis = heightened stock market volatility/ Investors apathy

#Be greedy when others are fearful and be fearful when others are greedy - Warren Buffet

stockbull:
brother,The market has not given opportunity for any sort of analysis. I can't even read Spiritual analysis

FrankTalk1:
Yea. correct!!
But what if it goes up to 3.0 soon?

That's why its always advised to buy the same stock in bits - Dollar ( or naira ) cost averaging technique.

The market can stay irrational longer than you can stay solvent.