₦airaland Forum

Mcy56:
Now you're using deepsuk language. Hope she wouldn't come and go and pretend to arrest you. I no go gree ooo.
When I saw those long back and forth arguments, I was surprised you were not among them, cos na the kind of thing you dey like be that. Lol. No mind me jare.

My dear. Don't mind me, but don't worry our luff is stronger than her arrest mandate.

Hehehehehehehe, about the arguments I was too. And it seems you are knowing me very well now.

tritritri:
There is always a media story whenever the index is down just to justify there claim.

Oil was at 50 last year ..now 70...even if at 50 we will scale through...Meanwhile what if after all d talk no recession dis year ?

Few months ago , The US and N.Korea talk..The media woudnt let people rest Dow fell to 22 ard JAN . wat happened ? it back to 26 now.

https://nairametrics.com/2019/04/05/nigeria-set-to-become-exporter-of-refined-crude-products-imf/


I was thinking ACCESS BANK would be back to 4 naira by now ....look at access trying to form bid..

I am not talking about the media, I am talking about the figures I just pointed out to you. Why are you ignoring it?

You keep posting links on Dangote's refinery that hasn't happened yet. You and I know too much optimism is the enemy of any investor and it's the same in this scenario.

tritritri:
wait...oil was at 50 last year ..now 70...even if at 50 we will scale through...Meanwhile what if after all d talk no recession dis year ?

https://nairametrics.com/2019/04/05/nigeria-set-to-become-exporter-of-refined-crude-products-imf/

I get your point, but if you remember correctly when this happened Naira to usd inched up from 358 to a dollar to 370 to a dollar. That is cause for worry friend.

I get your stance though, but I have learnt when it comes to the financial market, you need to look at it like you are crossing the road, left, right then left again. I am simply saying study both sides and hedge accordingly. Both arguments have their pros and cons, both arguments could be wrong or right assuming one is right than the other is dangerous.

Mcy56:
Better!

My luff is back.

tritritri:
Our reserve at 43B will be able to help us through.

Hope is never a strategy my brother.

Nigeria spent 38 billion USD last year saving the naira. All it takes is a plunge in oil prices to allow the King Kong of recession and a great depression to f*uck Nigerians in the ass without lube.

swilo:
I still don't know where those guys came from. If they can just apply 10percent of their analysis skill to NSE then we all are in to make millions this year. They all know how to write long messages... They all have points... And yet Bubu is still the president.

The advice from a poor man will ALWAYS be ignored even if it will save the city


Market don open

I honestly wouldn't mind those guys being here. Argue against their point or for it, those guys made logical sound argument. RabbiOracle and Rebekah too did, the thing is when it comes to the financial market there is no certainty, anything can happen. Time will tell though. So sad I wasn't around.

yMcy56:
Honestly. I dont worry about bear with such stock.
See Nem, not even shedding price, only that patronage reduced and that's still better. So also Mansard, custodian and few other ones.
Aiico's bids were more than offer today and it gained 1k. It is well. Thanks.

My luff, seems you like insurance companies...

swilo:
How did you even think of catapult....

Dont tell me it is from capitulate...

Hahahahahahahahahahaha

Una so serious!

yMcy56:
You say what?
Abeg leave my luff make he preach on o.

Hehehehe... darling. Thanks for always having my back.

I will be preparing lamb chops, ribs, brown rice and special sauce with a bottle of champagne to wash it all down this evening.

ndidigood:
Mr.Catapult or...?leave us alone to mourn our portfolio in peace.

Lol! No vex dear, but at least I don talk am before na. Hahahahahahahahaha

swilo:
Although GonFreecss1, IMO I dont expect capitulation without a bull, at least a mini bull. A few prices will need to be adjusted in readiness for the Q1 result release. Of great importance will be the first set of Q1 results to be released. These will determine if one needs to remain in the market or run for his/her life.

There will always be corrections in both directions the market chooses to go. So I get your point. Whatever happens, there is a high probability there will be capitulation. I may be wrong, but that is what I can deduce.

aremso:
oga mi which one be capitulation again oo i beggi put more fire for him head oo make i sabi the grammar wey u dey speak as this bear don make person head lock oo

Lol. I no be Oga o...

Capitulation is when investors morale is low from low prices/extended bear market and they give up/surrender entirely in the market and start dumping in excess. Volume will be increasing and prices will keep jumping down for a while.


This is very different from what you are seeing now. When that time comes you will know. Lol!

tritritri:
@onegentleguy

I can bet OGG is out of WEMA bank...He dare not type long epistle again.

Dem no dey tell blind man sey rain dey fall.

Spoke with locodemy , He's out of market and currently at praying camp.

Hahahahahahahahahahaha

Una ehn... chai! Laugh wan finish me.

yok:
CHARTS DON'T LIE

We need to control our emotions. I just observed that charts don't lie, most of the time we see a chart telling us something and then we do another. How can I convince myself that UBA/Afriprud will still fall in price today looking at the price on Friday

However, the charts/indicators are saying wait!!!, but just keep the items in your watch list and enter at a particular price later. The only consolation is that at this point risk of further downtrend in some equities is minimal, Brent crude above USD70 will make "MSCI and gang" likely to continue picking up some stocks.

For me if the bull fails to show up, it is pens up for me, temporary stoppage of putting more money in the market.

Just wait for capitulation. That is when all hell will break loose.

Things are actually beginning to get more interesting.

RabbiDoracle:
(The bold) This is called Fool's Theory.

Exactly. The greater fool theory. Thank you my oga.

Coolcash1:
don't be fooled. what you are seeing is purely P&'D....

I don't know how some investors reason anyway. Dem go queue to buy dry bone instead of them to buy meat (caverton) that is healthier, safer and better...

The problem is people always forget that an increase in price is because other people are buying at a higher price.

I don't know why people always forget this simple fact. So if you buy because the price is going up you are betting/speculating that there will be more people that won't do their research and will buy it at a higher price.

This is the same thing that happened with Transcorp then, when I warned people to calm down.

Mcy56:
Thanks.
Maybe you clicked d 'feeling bad' emoticon mistakenly. Its good to smile, might not be the case for everyone anyway.
I do use smileys very well. Guess it expresses the state of mind in most cases, I may be wrong sha.

Uwc. I understand.

Mcy56:
I just have to mention this:
Africa Prudential is excellent in customer service. Saying this based on their responsiveness to mails, I'm doing quite a number of back and forth with them and they have been getting back to me on each mail.
Also, their e-dividend form submission is very easy and smooth, you just fill, scan and send to them.
I'm just impressed by the way they handle customers, reason for posting this.

I like Afriprud too. A wonderful company.

Mcy56:
Alright my luff
Na that emoticon you use come dey make me fear. I cannot come and go and be making my luff feel bad na.
A wonderful weekend to you sir.

And to you too.

As for the emoticon is just to express myself smiling.

Hope you are having fun?

Mcy56:
Chai! My bros you're making me afraid now oooo
Thanks for making my week. Respect Sir!

Hahahahahahahhaha


All na play na..

I will be deactivating romeo mode this week, but the offer still stands o.

rebekah2011:
I am the former oooo. Na my little daughter get that name. She is smarter than me sha.

Nice, for her to inspire you to use her name.

Mcy56:
Lol. I dont even have the kind of heart I can put such things. Na my crush dey my mind now. Lol.
It could have been GonFreecss1 but not anymore, he's already going on Vac with another person, he doesnt like me.
Though you're not joking but then, wetin coinsain me, I don talk my own I don move na.
One love bitl.

Don't do this to us baby, I am no more on Vac...

Let us go to our own Vac.

Mcy56:
Iffa hear!

Let's go to za oda room and settle this once and for all. Forget Bahamas, let's go to paradise.

Mcy56:
Since you don follow that oga wey talk say you no fit manage me, no qualms, i no dey interested again.
Make I jejely dey wait for my No.1, he go show up one day and take me for vacation in the Bahamas.

Life...

My heart don finally shatter sha...

Mcy56:
Na wetin you go dey do for my back be that if I no catch you. Whether na my pic dey pursue you self cos you dey fear maintenance.
Just dey go your vac with her. I no dey interested again.

An an baby, is not like that na. I no dey fear maintenance na. Real men want maintenance.

Oya let us do our own Vacation.

Mcy56:
Hhmmm, I'll pretend not to see this.

Baby...

I thought you are not interested in me again na.

Oya forgive me, I am still waiting for you my luff.

rebekah2011:
If it goes lower. I will buy more and watch. It will be nice to use this period to acquire more good stocks instead of averaging down on epileptic stocks.

Smart man.

Yayira:
Index 29,553 hmm close to major support (was told) just hope it will not fall and scatter the head of the next support..

Time to go on that vacation slf

Oya come let's go together.

Mcy56:
Just like you dey whine me too.

No my internet luff! I will never do that.

STOjo:
Bros, ds na stock thread o. Una no dey c fine babe, esp fine babe with deep pocket. I beg lv ma sista alone
Na "elubo" u com buy, how kid (goat pikin) enter your load.

Lol! We are in a bear market, I say make I play small make everyone chill. I am sure even Oracle enjoyed the banter.

rebekah2011:
Back in this bus today.

Hehehehehehe.

Able chairman! We all love cashflow it seems.