₦airaland Forum

Biafran4life:
Oga chibuking81,abeg no vex.i don't like what I am seeing in the market this morning.pls do something mostly UACN and WAPCO.i need negative 10percent and remember join zenith bank....ejooo oh

He is very busy searching for negative news that will crash the market.

Chibuking81:

Am not the one causing crude nor Dow to behaving the way it behaves. Or the one that bring the news of corona virus in Nigeria. What am talking about is the reality on the ground. I still have stocks I have not sell, and will not sell. Some call for stock fall, and corona virus surfaces and help their ministry, and really going below their expectations. I am investors who want more unit of sound fundamental stock at cheaper rate since the situation has introduces it, let it last so that we can help our ministry.

Or you don't want more share at cheaper rate?

Chibuking81:
You still have opportunity to bail out today, at any sight of bid, and reenter at lower lower price.

He is not selling but advising people to sell.
We all need to be careful.

Hope UBA will release our dividends.

thebargainhunte:
Onifa might have sold his Kaya to you today. He is still d oracle of our time.

Be busy looking for who sold and who bought while people are making money.

thebargainhunte:
When onifa told us to japaa early January, some people made up to 30% before jaa. Hmm, onifa left market too early and he entered too early. There is now downtrend of Brent. The world needs to act fast to curtail this downtrend.

So what do you have to tell us
What we need is information that will help us make money not criticism.

Incase you've forgotten, he only advised people to buy in batches at the days low.
Please be guided accordingly.

Marlianvestor:
Haba Oga! That statement dey one kind! Kilode? Literally, it might mean nothing to you, but connotatively it means a lot to we Christians on this platform. And I know deep down you know... It was just totally unnecessary in the context you used it esp in rightly predicting procedural steps, policy makers/govt naturally follow when mkt is seriously tanking. It's just check-list-esque! Same used during 2008 liquidity crisis - TRAP stimulus package, Short-selling ban, money printing, asset-buyback etc, then inflation sets in, back to square one.

That's not the point though! Let's just be sensitive to other people's feelings, way of life etc (even if you don't approve of it) and where we need to show restraint when spewing words, let's us show it. Though faceless platform, but still a community with followership.

As our in-house Pastor said (though surprised by his levity re. his reaction), that statement has pride written all over it, but I'm hoping I am proved wrong. Really hoping! Regardless...

"When you are good, you tell people. When you are great, they tell you.” —Walter Payton

***Dropping the mic and walking away.....

Stop distracting us sir.
This is a business thread.
Oracle good morning.

veecovee:
... Hmmmm! Your word?

You are really trying, in fact you are gifted, but always avoid pride. It's pride to use WORD OF GOD like rhis pls.

BTW come join me predict the coming of God's kingdom

Financial pastor.

RabbiDoracle:
https://www.cnbc.com/2020/03/17/short-selling-bans-sweep-europe-in-hope-of-stemming-stock-market-bleeding.html


Short selling banned.

Oracle no be guy name.

You just dey predict market world wide.

veecovee:
... mkt is full of surprises

What surprises?
The same scenario will keep repeating itself.
Were you expecting the prices of stocks to keep going down non stop?

Princkez:
Entered Wapco @9.80...it's well

Got mine @9.65

mendes911:
So NB is now a N28.00 stock.

It is well.

Let it come down to 15 naira.

stcool:
Leave WAPCO I got some here today...I don't need it up still scooping, this is the best time!

Somebody must buy me out..abi no be cement?

if I have to wait till Dec 2021 i go wait

So you are the one that cleared the over 4 million offer @9.65.
Immediately I saw the offer, I quickly cancelled my bid on zenith bank to partake in the party but a smart fellow cleared the offer.

Agbalowomeri:
If we have similar falls on Wed and Thurs, I am diving in on Friday
Zee or GT
25% dividend yield
If e like make e continue to 5

It will likely reverse before Friday sha

I don't think I can wait till Friday.
I may dive in tomorrow.

locodemy:
Yes,but it will slow the market when it finally stablizes.

No problems, provided dividends keep flowing.

locodemy:
I will chop a big frog.
UBA to me is like Japaul oil.
Time for Loco to be a big time shareholder in companies like Mtn,Dangote cement,Gtb,etc

Good luck.

locodemy:
[b]People should stop bringing out there stocks to sell at this rediculous prices.[/b]what are they going to do with the money after selling at huge loss?

Mendes is even tired of holding cash.Me self don't know what I can use the cash I have to buy again outside stocks.

Is this not what you have been praying for?

locodemy:
If you are buying,it must be for dividend yield purpose but remember UBA will trade lower for a longer time when compare price with big cap stocks.

Better not to enter and get trapped cos of dividend

Yes I am buying for dividend yield.
No body can predict market direction accurately.
If you are waiting for the lowest price to enter the market, you will likely miss out.

What's delaying WAPCO from releasing their result?

locodemy:
When are they marking down?

Qualification date is 13th been Friday.
Mark down will be next week monday.

Hope I am right.

Godisfaithful:
Target price is N3 or N3+ below

Wealth transfer.

RabbiDoracle:
N4.15

Hoping to buy more by Thursday or friday.

RabbiDoracle:
N4.15

That will give a dividend yield of over 19%.

If UBA keep losing 10% everyday, what will be the price by Friday?

Mcy56:
This got me lmao.
Why not confirm yourself. Lol.

I don't have zenith shares.

2zona:
I JUST CONFIRMED THIS. I decided to place just 5 units of my Zenith bank on sale about 15 minutes ago and on checking the status few minutes back, VUALAA.... IT GOT FILLED. Something fishy is smelling, those might FAKE AND AUDIO OFFERS. CAUTIONS GUYS.

Another person should try and get back to us.

Coolcash1:
Most stocks are on full offer with no bid.

Its expected by the way.

#buyingopportunity

Truly, cash is king now.

rebekah2011:
their tactics will splash on their faces now. Na marathon tactics dem suppose adopt. They will soon be tired when they see 500m units on offer.

Don't be carried away.
When prices reverse, most people will still claim to have bought low.

Homextras:
NAHCO sighted at N2.25, with no one buying. EPS of how much again?
JB at N20. GTB full offer at N22, MESHPIPS, we are sorry!
This is Armageddon!

Meshpips didn't see this coming. Stop disturbing him.

RabbiDoracle:
A time will come, we will be so scared to buy stocks.

That is the time of maximum fear. It is yet to come.

Just like the time of maximum euphoria where people didn't want to get down from their high.

At that point, commonsense should be applied.

The time is here already.
If this daily 10% loss continues till friday, what will be left?

RabbiDoracle:


But I warned guys that last week there could be a recovery for 2 to 3 days before Noah's Ark will set sail.

You did o.

DOLLARTEX:
Chai,chai zenith 97 million offer no single bid.Thank goodness for last week's exit revelation .wetin I for tell mama nkechi ooooo.

It's well.