₦airaland Forum

INTBREW:
Seems this stock is getting ready for another sprint.
Support has been sighted at 6/6.10 for some days...... possibility of this stock doing N10 is relatively high.

**Just observation. Not any form of advice. DD applies**

onegentleguy:
Sorry dear, but it's none of the above.
...not the coys, not the sector.
Selah

Ok. Will try again........but try and give more clue.....
The stock is less than N1 right? And a possibility of buy over?

verocharles:
What is happening with UBN. It has already lost 45k

UBN will move at the right time.
It's even an indication that no one is pushing it from here. The movers will step in when the time is right.

ojesymsym:
Madam mcy, come and tell us the name of the company. You seem to have the gift of interpreting different tongues.

Lol.
Ok let me try, but Nsempas no dey try, na to dey collect all the time. Seems police plenty for here.

Anyway, Oga OGG, I think the stock is in Agric sector.....a stock that no one cares much about, a UACN fam.

If not agric, it's in power sector.

One of these four: Livestock, transcorp, HW or Oando (but I doubt if it's oil & gas sector).

ositadima1:
..

Lol. Thks Osita for fishing the post out.

ositadima1:
@Mcy56 I think 3 will be a good place to offload? 50% not bad.

Did you re-enter?
3 wouldn't be bad.

megawealth01:
No vex... Na my madam mercy I dey follow

Chai!! No go and be doing follow follow o.
Sha remember to pay your tithe and align with your investment objectives.
UBN movers self never show, na retailers still dey trade am. Let's hope for a good Q3 as well........then we see the real movers.

Mcy56:
After checking Fcmb Q2 result and the YE forecast, I think the coy looks cheap at current price to me.
So also Fidelity.......but some village pple investors are still on her case too.
I may be very wrong though.
**This is just observation. Not any form of buy/sell advice.

This is the time fcmb was selling at 2.06 or thereabout.
My projection for the stock was btw 2.70-3.............cant lay hands on the post now.
I may be very wrong but the stock has been exhibiting serious resilience.
Let's keep watching..............

**Pls do not take as any form of advice. FCMB was echoed so much here at 1.50. Fidelity at range 1.66-1.75. Buying now is at owner's discretion. Do not mention Mcy if it goes sideways**

PORTPAINT:
On full bid cos of proposed merger with CAP Plc.........but the acquisition price, 2.90 is small.
PORTPAINT is a very illiquid stock, bargainers will queue tire.

currentprice:
still busy at d village ni. just finsh reading 10 pages to catch up

Lol. You don tey for the village nah.
Make Una come town come receive fresh breeze too.

Welcome back @currentprice
Don't disappear again o.

ojeysky:
Absolutely!

ETI shaking body now.
Hope say you never rush out again.

FMN......codedly doing its things......full bid....
Nestlé:
Full bid for many days.....seems deep pockets don't even want to sell again......Nestle faithfuls, make Una go move your stock with 130M only.....
Access:
Lots of accumulation going on here @ 7.70/7.75

** @intendy hope you're doing fine**

ojesymsym:
Osita don create bot to study and predict the market, in a few months his analysis here will be with >95% accuracy.

Lol.
I hope he continues to improve on it.

ositadima1:
This is meshpips post when i posted one of my charts on FCMB. Some months back.

Mcy56:
You're doing well and the prediction looks feasible.
Lets keep watching.

Sept 11 posts.
Osita, FCMB sighted at 2.50!
You said it and I said its feasible................make we clap for ourselves nah, at least if nobody does.

jideflash:
lol. i still consider the risk for the damages, but with a dividend yield of 20%, when i entered at 0.25, i can afford to weather the storm. Waiting for Q3 result and abit of insider info .

LASACO at 25kobo is okay......
One of the insurance stocks I expect to break out when the time is right.

jideflash:
lasaco; no offer. try and enter below 0.28.

So you're not afraid of the damages again?

ukay2:
Which bank Ma?

UBN

Danniee:
UBNnnnnnnnnnnnnn

Lol. You're right.
This bank performed well in their Q2 2020 with EPS of 37kobo despite covid.
Can our experts help us touchlight it the more.......

**DD applies**

There's a banking stock people are overlooking and it's close to it's year low.

Princkez:
even WAPCO already doing #18

Sold some bargains at below 18 earlier

Lots of funds are going into GTB.
Lots of cross deals in millions.......this stock and Zenith may likely break out and witness new highs if it continues like this......

*Just my opinion and observation*

Tvegas:
Let's consider this scenario for the newbie
If he buys Zenith at N20 and we assume that Zenith is N21 on markdown date. After mark-down let's assume Zenith Loses another 10%. The actual return may be close to nil.

Of course you've balanced things by advising him on a low entry price.

A major issue will remain if Zenith will likely go down or up after Dividend declaration and by what margin?

You're right.
Actually, telling anyone to pick now is a risk in itself cos most of these stocks were begging buyers at very low bargain prices sometimes ago, don't know where some of them were around that time.
As for Zee, my choice of it remains that lots of funds are going in here, even at 20 and there's possibility of more upside. So picking at 20 is relatively okay .....with the intention to average down if price goes lower again.

ojeysky:
Right but he/she gave a 3months window and there will be no dividends on zennith within that time frame.

Lol. He can only get to do that when market is moving.
He should know these things doesnt work like that o......3 mths may become longer sometimes.
One of the reasons I said he should go for dividend paying stock, at least he can have some peace of mind if things doesnt go according to his plan, make he no come back come dey blame anybody.

BullBearMkt:
Hello my Sister, I hope you are better now? Peace!!!

Yes boss. Thanks sir.
Thanks Doc Ukay2.

ojeysky:
Maybe Intbrew, Guinness or Eti?

I think this type of stocks are better recommended to those already in the system and knows their ways around the stocks/market.

As for newbies, dividend paying stocks are always advised.
@cucumbar in my opinion, I think you should look the way of Zenith, try and see if you could get around 20 region and below 20 will be much better.
Also see if you could get Wapco around 16/17 region.

Sometimes ago, one guy bought GTB at circa 28 before covid issue, he later came here to seek advice on what to do when the price of GTB fell below 20 and he was advised to leave it as it was, that GTB will erase the loss. If he didn't panic sell later, he must have recovered the loss and be sitting on profit by now, together with interim dividend chopped.

In essence, what I'm driving at here is that fundamentally sound/dividend paying stocks will benefit newbies mostly.....moreso, that market also has a mind of its own.

cc: @ololufemi

GTB: 62M units cross deal at 30!
Some big boys planting here......and in Zee.....
Access: Quite some volumes exchanging hands.......

Market started on a calm and cautious note with low volumes across board......
Bids increasing but bargainers cautious to bid higher......
We see how it goes.....
E Ku Market o.

On LASACO, its a bargain if you see it at 24k.
There's the fear that they may have more than enough damages to take care of, well maybe, but lets remember it's Lag we're talking about.

On Intbrew, negative EPS reduced drastically in Q2. From (35) in Q1 to (14) in Q2......another indication that these coys made money even during lockdown.
Q3 is expected to turn positive.
This in turn means this stock still have more upside potential in days/mths to come from the look of things......and all things being equal.
This is just my opinion, Mcy is still a learner. Expert's opinion is welcomed.

** Pls do not take as any form of advice. DD applies**

Meanwhile, FCMB made another higher high yesterday, closed at 2.44.

locodemy:
NSE has finally pause market activities.
Trading will come up stronger after this.

There's market today.
.......Or what do you mean by 'pause'?

Market stabilizing........ recovering......
Cautious trading ongoing....

safepaulooo:
Yeah. I just have this gut feeling something is brewing there. That stock sabi spring surprises

Let's keep watching......

See INTBREW, it has returned over +130% within short term. The strength was even still there if not for this protest issue....and despite that, it didnt shed price yesterday inspite of the panic. Though some bargainers jumped in at days low. So surprises still happens in NSE.

** Just sharing opinion pls**.

safepaulooo:
Oando has been hovering and ranging for quite a while now. I perceive a strong break out soonest. Who else is observing this stock? Fundamentals may not be that good but sentiments may soon push it to 4+. Anyone with opinions?

I've also been observing Oando.
I only didn't mention it cos of the kind of sentiments Nsempas attached to it. I no get strength for argument.
In fact, some jijoists must have codedly done nothing less than 3 trips in this stock and lots of increased activities there recently.
I also think it may likely enjoy positive sentiment but this is not any form of buy advice. Just stating my observation as well.