₦airaland Forum

Looks like someone gave an order to close the index as high as possible.

zendi:
I'm neither making noise nor accusing you of any wrong doing. I'm only reporting my finding based on forensic observation. When I identify your other usernames here I will link them too to these ones just for record purposes.

Forensic observation? Lol. I am willing to bet my Daar communications holding on this.........your conclusion is wrong. Double check....... If a pessimist were to pick up a fight against anyone, who would he/she pick?

What's going on here? Impersonators on the prowl. Did I mention them in my last post? People sha.

angelo82:
The only trading holiday is the 25th of December..............There will be trading until Thursday 24th...........Source is nse website................

Happy trading then .......but you can keep refreshing your source sha. NSE has never opened for trading on a public holiday since I became active in the stock market.

(modified)
Don't mind them. The web administrator should update soon.

Tomorrow, Wednesday is the last trading day for this week. 4 more trading days left in year 2015(Wed, next week Tues, Wed & Thurs). What a year! Thank you God for 2015.

I remember the E-fights, name calling, mud slings, vicious attacks, false prophets, spammers, monkey hunters, liars, thread derailers, advertisers, empty portfolio holders, money bags, traders, investors, JIJO masters, grammar blowers/teachers, gamblers, jokers, noise makers, newbies, spirits, et al.

Have you ever wondered what actually happened when you don't see posts from some monikers again? I mean ever again. Well, there is no way to tell if anyone has passed away so my point is that we should all be thankful for life even if we didn't make profit this year. This is not to say that anyone who stopped posting died o .......but you never know. Some simply don't see the purpose of the thread or nairaland again.

If you no get.....never forget to say Baba I thank you and if you too get......never forget to say Baba I thank you. Thank you Jesus.

Regardless of the negative projections for 2016, some people will still make their first million, tens of million, hundreds of million and even billion. Thank you God for 2016.

#stocktaking#reflections#thanksgiving

locodemy:
Who told you you have missed the train?just relax and you will comfortably grab as much as you want at your own bid price.zenith also did that same magic few days ago and people were lured in till now.ok i wish you the best if you dont think the train has left you behind.

But almost a 10% gain in a day trade isn't a bad deal in the present state of our market wrt trading.

Who was able to get on the UBA train at N3.35? I missed sha. I was still pressing calculator.

Elai147:
Turn around which fortune? Was Dangote not the former owner? Why didn't he turn the fortune around before now? The guy has just succeeded in scamming Tiger Brands. The former directors of the company who previously resigned their appointments have all been reappointed. Perhaps the next thing would be to change the name back to Dangote Flour . Dangote is probably going to restabilize the price of the stock at around N2 - N3 and then look for another maga to sell to

He actually did grow the company into a major flour miller, 2nd only to Flour mills. I guess he sold it when the growth trajectory started to dip. That is not to say he doesn't have the resources or capacity to turn the company around. His antecedents speaks for him.

Raider76:
I don see wahala and abracadabra on Dangote Flour today oo. At about 10:15am the maximum price was put at N1.20. When I cheched a little after 10:30am the maximum price has been moved to N1.26. I had to reissue my order at N1.26. At the time there were about only 17m bids. Now 30m shares have been sold and my bid is yet to be filled. The thing don tire me.

It should be filled now Someone don dump finish

Born2berich:
When i read the write up i almost cried...This is the perfect opportunity given to make good cash this xmas period..You think say dangote isnt smart? Sharp people with info at their tips will make good cash this season....As for LUR, I dont know what pushed Law union upwards..any info on it?

None at all.

Intendy:
thank God u said jijo.
pls re read my post

I don't get your perspective either. It is a positive development for the company and shareholders alike. DIL becomes the majority shareholder and will most likely turn around the fortunes of the company. What is your perspective exactly?

http://thenationonlineng.net/foreign-investors-bid-for-stakes-in-may-baker/

This is for May&Baker. Not a BUY recommendation.

Born2berich:
Read the write up...It is stated clearly that 65.7% to dangote industries and dangote will give tiger brand an immediate cash payment of 0.7 billion rands which tiger brands will use to settle their 0.4 Billion debt...What does this mean? It means tiger brand will clear its debts and will be in profit at the moment..This is why the high bids today...People that were able to get this info on time has jumped in...Too sad this news didnt get to us right away.

This kind of info is what we need on this thread abeg. It came too late. By the way, Lawunion has crept up to N0.72k from N0.50k. Too late to jump in. Just saying.

Chibuking81:
they will use their 10%-15% to average down their lose.

Chibuking81 reloaded. Lol. You are back on full throttle.

Wow.....there won't be a need to make reference to the crash of 2008........2015 is the new reference year. If you missed 2008, you have your own tale to tell now.

There is no need to despair however, instead,prepare to make a comeback when the market reverses by loading up cash now. The mistakes some folks made post 2008 was to bid stock market farewell. After the crash comes massive gains. Portfolios double or triple in some cases over a remarkable period. I'll bet you would make far more than you lost such that your loss or portfolio now, pales into insignificance.....that was my own experience. I am excited about the future.

angelo82:
What is the actual price band on nse?..............Is it -5/+5% or -10/+10%?................

It is -5/+5%

Raider76:
The offers will return when the price goes back to N5.00

True........the offers disappeared because they were rejected by the system. The sellers would have to replace at today's price band or wait till price band accommodates their exit price.

I read somewhere that Mrs Elumelu, Uncle Tony's wife just delivered a set of twin boys. In the spirit of celebration,Uncle Tony should just declare a rally for us on the floor of the exchange.

freeman67:
The said the #400 is for both e-dividend and e-bonus even though they have refuse to credit their customer account with FBNH bonus for the reason best known to them.

Morgan again? Is your CSCS account credited and it's not reflecting in your broking account? Morgan is not responsible for dividend and bonus administration. Chai, may God help Morgan. Check with the registrars.

ihedioramma:
you just come? lets say you buy 500000 units by 15kobo=?

At the beginning of the week when Oando closed at N6.19, you asked us to Watch the gain by Friday. Unfortunately, the stock closed lower contrary to your projection. Now you want to use magomago to validate your prediction. Same thing you accuse another bitl of. So the N0.15k was what you had in mind?

Oga, always include an element of uncertainty in your predictions/projections. It's the intelligent thing to do.

ihedioramma:
are you newbie to the market? the day it make profit of 15kobo are you sleepiing? next week will be good more than the past . happy week end, one love .

Is this one of your jokes? What was the percentage gain for that 15kobo increase?

Skye: The bad news items and price/volume action are not in sync.

N0.20k only seperates Access and FBNH. How are the mighty fallen............

Please does anyone know if there's gonna be Black Friday on NSE?

#najokeo

myjoy084:
There would be short term bull before the market rebound fully. Please not a recommendation for buy/sell, and follow the strategy that works best for you. Best of luck everyone!

Hopefully, that would be cool.

mercylicious:
If we don't see a bull from now to Dec 2, then know that the end is near.

Not sure about the Bull but a reversal was imminent. ASI dipped below the year low (27,585.26) today after closing at 27,596.81 yesterday. With respect to the index, Dangcem should cooperate abeg.

Youngzedd:
Una get time to reply that guy. He wants quick money.


He also have no idea of what stock market is and also can't write stock correctly.



He's lazy to read, from his writeup. Such person I do not advise.

You too?

meracool:
What's up with my App

I think UBCAP is now UCAP

Not visual-friendly. But nothing do you sha.

@Meracool; This your app ehn

NSE ASI suffered this week o. Lost for every single day of the week.

megainvest:
Dangote reportedly among hostages in Radisson Blu Hotel Mali. Pls pray for him and watch your money.

That claim has been confirmed to be false on Al Jazeera. A call was placed to his line and he confirmed he wasn't involved. This is according to the Al Jazeera correspondent in Abuja - Yvonne Ndege

Elai147:
The market is being unfair to this stock sha... Investors' negative sentiment towards this stock no get part 2. FCMB for don reach 50 kobo if not for the market makers or whoever dey struggle with the supposed free fall of the price.

I have got my eyes on Skye, FCMB and Fidelity in the banking sector. Dangsugar and Transcorp(this one carries a huge BUT.......at lowest price possible. It's a beneficiary of favourable govt policies in the Agric sector but result is not encouraging)
The Market makers for Fidelity don't want it to sell below 1.33, keeping the support at N1.39. Considering the technicals (and not fundamentals) of the market at this period, Fidelity should sell below N1.33. A price of N1.15-N1.20 will be good for me.
FCMB is witnessing new lows not seen this year. Investors are probably apprehensive of the delayed Q3 result. Bought more at N1.79 today.
Skye is a stock some might not understand. Check supply on a daily basis and you would get my point. Fear of dilution is unfounded (well, based on my investment objective).
Basically, I watch out for extremely/unjustifiably/unnecessarily battered stocks during a bear. They give the most returns during a bull. My goal is to buy at prices reached (or even lower) at about the previous period when ASI touched its lowest. I do not believe that the ASI would go lower than the 27,585.26 reached on 13/02/2015. I am willing to wait till March/April when I assume the ASI will peak for 2016. I consider this one of the safest and less stressful strategy of investing, especially for busy folks who ain't ready for monitoring daily prices.

According to Rencap, the NSE ASI will bottom out in January. The final decision is left to the portfolio owner whether to buy good stocks at seemingly attractive prices or to go wait when ASI bottoms out.
However, I noticed some stocks don't strictly follow the ASI movement while others are like a Siamese twin to the ASI. For the former, the lowest they will sell won't coincide with when ASI bottoms.

Disclosure: I have another High-risk portfolio that requires a different strategy o. Nah JIJO,JOJI every thing join. Pardon my TT analysis. Not a recommendation to buy.