₦airaland Forum

Market recovering small small....

aremso:
You are right but with the situation in the country, coast never clear yet.

Boss this is supposed to be peaceful protests.
One thing I understood from one of the threads I was reading yesterday was that we expected UN to intervene, what if UN did not? That, similar thing was done in Somalia or so, for more than 3 mths yet UN didn't say anything.
Like I said, it's peaceful protests which after passing across our demands, we should now expect FG to act upon.
The only issue I saw here was the silence on the part of FG, and not really a silence.
They did reform, we're not comfortable, we continued, it's just to come out and pacify the situation that they'll look into it.
Na the way I see am wt my small knowledge oo
** What happened looks more like opposition party's handiwork**

Don't say Mcy has come with optimism again
....buying opportunity is only presenting itself for bargainers and if we noticed, it's retailers that are selling as at now......
Sometimes, social media reports can be diverse and tend to over-exaggerate issues......

locodemy:
Why not pause trading and join the protests?The blood at Lekki will show face @ NSE if nothing is seriously done.peterichy take note..

That Lekki shooting was masterminded. Why only Lekki? Fingers were pointing at Tinubu and may whosoever is responsible for it never go unpunished. **Could be more of opposition partys'**
I blvd it will be curtailed and not allowed to lead to more viloence anyway.

S007:
Dis one weak me.
Wrong place
Road missed
Look for victims somewhere else

Investment with CBN. No be small thing.

onegentleguy:
Need I remind u that the total value of that vol u mentioned is not even up to what big pockets like ....... mcy56 and even Peterichy himself spend on their vacation. .

Hahaha! Boss I claim it in Jesus name.

Princkez:
i have been buying in tranches 13,14,15,16 and now 18

I updated the first reply self.
Thought you went for it for JIJO or something.
Everything is risk taking anyway.
There's one thing I tried not to allow Nsempas do to me, Panic.
Watch as events unfolds and do the needful yourself. This is risk market, we win some, we lose some. Just to try and work around our wins to be more than our losses. Shikena.
See the same UACN they're waiting for at 3 or is it 2 or 1 naira self, it closes at N7 today. So, it's well.

veecovee:
Can someone say few things about Union bank UBN
It get as that stock dey move when it starts to move

Let me say small thing I know. Lol.
** UBN is on its own
** Moves at its time and can reach 6+
** Not common to stay below N5
** Paid dividend (think 25kobo) for last fye after a long time of div absence
** Was sometimes rumoured to be in acquisition plan by Zee, though we don't know how far this is true
** Last on the list, na Wetin I know I just typed, didn't cross check or monitor current activities in the stock.

Princkez:
even me ooo...bought some at #18 this morning ...Oga PETER come and address us ooo plsss

Why bought high?
Think it was still at 15 or 16 that day you asked?
Anyway, it's a risk you've taken. Don't think you should always panic at every little movement of prices.
Pick what you're not sure of within your risk limits.

Zenith: Back to 21 again.
Some entities are seriously dipping money here......this is just my observation o.

Seunn11:
Welcome back Madam Money.
The market now is a situation of "A high tide lifting all boats"
Generally speaking, more upsides are still possible in many stocks.

Thks Class Captain.
My opinion as well.
The stocks are still showing strength. Let's just hope the protests wouldn't be hijacked by thugs and everything goes back to normal thereafter.

anjilgreat:
Welcome back madam, hope you are doing better now?
In addition to your point on share prices not falling but rising, I think investors especially the short-termers have to be cautious.
If the protest becomes more violent before the end of the week, the economy may be negatively impacted as well as the stock market.

Much better. Thanks Ma.

Concerning the protest, you're very correct Ma, though we don't pray that it turns violent but cautious trading is adviced and more importantly, individuals should re-align with his/her investment objectives.

I heard there's 7 more days to go....today inclusive.

Contrary to some people's expectations that prices will fall, most stocks are still holding on to their prices while some are even appreciating.
It is well.
E Ku Market o.

Wish to say a big thank you to all my B&SitL who prayed and wished me well; you did so well and I appreciate you all.
As I was reading I was saying AMEN and your show of love and concern really lifted me, the fact that the in-house Pastor capped it all gladdens my heart.
I give thanks to Jesus and return all Glory, Thanksgiving and Appreciation back to the Almighty GOD.
I thank you all.

*Please no need to reply on this mail so we don't derail the thread*

ololufemi:
@Mcy56 dear, I trust this message meets you well. What stocks will you advice someone who has about 10m to purchase?

None for now cos prices have gone up already.
Maybe you hold your cash and wait for
another better opportunity.

BTW, Mcy is very strong and would be away for some times. Pls wish me well in your mind.

Also, In BBM's voice " Plan your trade and trade your plan.

Mpeace:
FBNH will soon overtake UBA. Its just a matter of time. FBNH eps has already overtaken that of uba. But they need to match uba in terms of dividends.

......and you believe UBA will be watching? Not when Tony's family are planning to control larger shares self. I blvd they won't want to ruin their family business.
Let's wait and see anyway....
Fbnh doing 6.40 now..

fatboyebele:
How long will the suspension last?

It's just regulatory issues. Once the coy meets up, they'll lift the ban again.

lancee:
This bull no wan gree for pple to re-enter o...money still dey enter mkt..low tbill rates, low savings acct rates , some fpi's re-investing naira /back to the mkt

watching ..zee dey lead today

Meanwhile ...morgan portal dey confuse person on prices

Money still entering. That TB rate was so low.
Morgan should behave around this time o. Lol.

.....

Princkez:
were is that guy that complained of buying UBA @6.5 ....already #7

Lol. He just wanted some validations I think, thank God he wasn't disappointed.

See the closeness btw FBNH and UBA price......UBA needs to give some gaps nah. Lol.

Zenith : About to touch 21.
Gradually moving back to the previous 22 resistance.......we are observing....
UBA: At 7...... Let's believe the seller is done dragging the share price down...
GTB: Touching 30 again...

zionaigbokhan:
I can bet my balls that Sunu assurance would come back to 20k after all this. Stupid

It's been down to 20kobo since nah.

Princkez:
@Mcy56..Good day...Please what's your view on Guinness

Go ahead and buy if interested.
Chai! My ogas dey here o.

UBA: 20M crossing at 6.75
Fidelity: Some crossings ongoing here too. This stock will likely trail fcmb behind....talking to those who picked @ 1.70/1.75/1.85 when we were shouting it here......hope say you never rush out when you sighted small pullback.

jideflash:
Lol. Welcome back Mcy. With my green portfolio, more giveaways to come.

Issokay.
Mcy won't partake in any again, since you didn't give me the one I want and won.
Good luck to future participants.

lexy2lexy:
Hi Mercy, what is happening to GT? Seems to be on a downward trend since getting to KM32

Did you enter at higher price?
GTB has tried nah.
Some of these stocks have done close to 100% of their March low. It's in the region of dividend investors now ......in my opinion.......but If Q3 is great it may move above 30, towards its year high.

quietprince:
Ma, apologies for the intrusion.

Thanks for all that you do on the Market Picks thread. I did not quote you there so as not to derail the thread.

I will like you to ponder on Matthew 6:19-21, Matthew 16:27, and John 5:28-29.

Blessings, and may God richly reward you for all that you do...AMEN

Amen! Will check those Bible verses later.p
Thanks dear B/SitL.

mickky22:
Please, Ogas in the house any information about Afro oil?

It seems this stock has been long delisted in NSE. No more in existence.
If you still have it in your portfolio, contact your broker to remove it.
One of the bad markets of NSE.

Mpeace:
Na wa oh. But sha we will get there someday.

Closed 18.05 wt 70kobo up.

S007:
Some peepu don dey spy q3 result abi?

I think so.
Someone mentioned something similar here, think Tvegas

Mpeace:
Wapco now 18.40. Nice movement.

No 100k block yet at that price

Hope Nsempas are not among those selling their UBA at 6.60?
Anyway, each man for himself. God for us all. Follow your mind or whatever.