₦airaland Forum

lancee:
Being crushed !!..see zee life

Lol. Zee is still in Agba's village drinking palmie. Maybe it will move after e don shirk well.
First bank is another one, that stock knows how to frustrate people sometimes.

Mcy56:
They are all looking for the first set to move @24.85.. .... .......first set moved, waiting for next set.........2nd set moved ....

24.90 gang on the move......

NB: This is just daily observation, not any form of advice pls.

dharpzee:
OMO THE ROAD BLOCK AT KM 24.80 IS MASSIVE O

They are all looking for the first set to move..... .......first set moved, waiting for next set.........2nd set moved ....

Let's hope those 24.80 bids are not audio sha......if it's not, then they may push GT to 28, the past accumulation was massive..

zimams:
I understood Mcy. I didn't anticipate a reversal so quickly though.
What I did was split my planned volume into 3 parts. (20%,30%,50%) . Bought the first tranch - 20%. @N3.28 UCap. Did same for UBA @6.57.
My safety net... Is that the coy must be strong dividend paying coys.

Wow! You had a good strategy in place. I added my 'like' to the ones you've got.

I will however like to add that you should still be mindful of your entry at same time, it's also key.
Pa Emma and other dividend investor bosses can tell you better.
Good luck.

Teeonly:
80,000 000 Units sold on the 5th of August, by BLAKENEY LLP.

Blakeney sold 80M units, we shouldn't forget that someone picked it from Blakeney.
Someone even said they sold the 80M on the floor, can't lay hands on the post now......cos I wanted to ask which of the floor?
So now, who are the bargain hunters on queue in UACN? Trust Jijoist.
We go all dey alright las las.
Pls, no one should quote me, no strength to argue at all, I get Wetin dey worry me past argument now.

Teeonly hope you're good.

sky2891:
Do we expect further upward movement after the profit taking?

My personal opinion:
It may take a while except the positive momentum is sustained and there are more good news coming in to lift share prices the more.
Ucap did around 70% upside already (from 1.80/1.90 to 3.24).
I expected Zimams to get my point xtyday cos I didn't want to say it directly but he didn't.

Caveat: Pls this is just my own opinion, Mr. Market has a mind of its own, it may still proceed on the journey or be ranging for a while or stay at a car park......all depends.....

*Edited*

GTB still showing strength.......despite higher offers than bids .....KM 25 is very close......
.......the type of fund entering the stock is very massive......

Pls do not take as any form of advice, it's just observation, I may be wrong.....

@coolcash1 or anyone who dares to speak against Guinness when Peter is still inside the bus will have him to answer to.
Better relax and allow him join Wapco bus again.......before you can be on same page.

zimams:
Yes o.. it's been red for most of today. I had dipped in yesterday. Na to average down at sub N2.70 be that. If it gets there.

Thought you said you'll watch out for pullback or something.
It's still ranging btw 3/3.10 anyway........let's see how it goes....

Profit taking ongoing in Ucap......

zimams:
Yes..
i will take a cautious dip today.. and watch for losses on those 3 stocks that i can capitalize on during the week.

Did you see Ucap losing today?
That's why its most times risky to chase vehicle that already moved far.
Ucap fell to as low as 1.90 during the March low.....

ojeysky:
How, was seplat at below 200 at any point,.... Perhaps you meant +50 naira...... Enjoy your loot and for Guinness, drink responsibly

Think he meant N50+ and not 50%.
Assuming he entered at N300, that should be around 14%
If he entered at N282, that should be around 19.4%
Even now, the stock is trading higher on the floor than the previous close , meaning the % will be higher if he decides to sell.

ojeysky:
50% profit after 4 years....hmmm okay.

You're wrong.
Seplat was trading at circa 500 for a long time.......and the year (52wks) high was N657.80.
Peter may be referring to his entry and exit prices around that time.

Agbalowomeri:
Party scatter.....

Agba welcome back.
Hope everyone is doing fine in the village.

PETERiCHY:
In 2007 DANGOTE bought BENUE CEMENT that was trading at N4 did his ABRACADABRA, renamed it DANGOTE CEMENT and enlisted @ N135 per share.
CAN'T you SEE that ALHAJI is playing TABLE TENNIS with his SHARESHOLDERS DESTINY

Peter you get bad mouth.

BullBearMkt:
Wao! I saw it 2!!!

Lol.
With the volumes exchanging hands in some of these stocks, it can't be only locals involved in my opinion.

Zenith Bank:
Between Oga RabbiDoracle and Sir Meshpips:
I noticed the referee did not visit the matter these few days.
To me, both of them were partially right.......because Zenith already sorted out the argument......... the stock fell by circa N5 and never touch 11.9 by circa N5.
Bet fund holder/custodian, oya come forward.....

lancee:
Hope the forces won't make it stagnant /down once result comes out ..with div ..usual behaviour

Just breakeven at 16.77 ..thinking what to do

Leave your Zenith if you're not in need of urgent fund or if you're not moving it to another one.
Since you know the behaviour, just get some spare fund ready to average down, should it go down below your breakeven.
No be today you don dey patronize Zee.

Meanwhile, Ucap is doing well .....@3.24 now

ETI: Deep pocket(s) on its case?

Unilever: 16.8M+ single crossing at N12...

Zenith: some pullback to 16.55 observed earlier and halted by now.....back to 16.70.......
Fidelity: Still showing some strength at 1.80 junction....
Will these support hold? Observing....
.

Zagee:
Honoured to have Mcy56 quoting me.

I've seen and know Peter antics, but this time, my guts says it's time...!!

Lol. It's a pleasure. Happy you made your Seplat call right.
Always remember that this is NSE anyway.......with volatility and lots of instability in the system.
It's well.

Zagee:
Someone please push seplat to 400 na, I need to go and drink beer. Brand is Guinness!

Patience....

BTW: Peter see one of those helping your ministry in Guinness.

zimams:
No Jijo' o ..
I' have medium to longterm mindset towards the NSE. While keeping a close eye on erratic price movements that may lead to my jumping out at any time if i make considerable unexpected gain.
Thanks Mcy.

A good strategy.
Anyway, you may pick some units in order not to miss out totally.......should the stocks rally the more.......moreso that there's still positive momentum in the market.

GTB: Sighted at 24.70/80......
Zenith: Lancee, the forces are not yet done with their deliberations......let's see what happens once...........

ositadima1:
Common, not fair o, I answered the guy first nah. You got 2 whole likes and me zero, not fair.

I added the 2nd one.
2-2 no cheating.

zimams:
Thanks Mcy, i see your point. It's now a moving target with their share prices looking up.
I guess its safer to sit and observe this week. I may have missed these buses already. .

UBA never waka far nah. I blvd news of interim div, if there's going to be any, will help UBA's ministry.
Also, Access, GTB are both looking up, picking some units of UBA at currentprice may not be a bad idea.
Afriprid at currentprice is okay too.
Like I said, it depends on your inv. goal and objective. If it's for jijo then I don't know what to say, Loco or iphonix may be of help here.

zimams:
@Mcy56 what are your thoughts on the trio- UCap, Afriprud and UBA? Do current prices still present decent enough entry points?
I'll do my DD as usual.

You asked Mcy a difficult question here, it's always good to ask this type of question when market is down or trading 'flat'.......not when prices are going up.
My ogas will be in best position to answer this.
Actually, it depends on your investment objective, goal and horizon (horizon is OGG 's copyright).
The trio are great coys no doubt.........
Ucap moved from 2 to 3 already, may be heading towards 3.50, it may decide to drink water/stop over at 3/3.10.....all depends on Mr. Market.
Afriprud still traded at 4.10 last week, a good entry point, we don't know what Mr. Market may decide....either up or go back to pick more passengers.
UBA........ Direction not yet clear.......you may keep eye on the price mvmt.

** This is strictly my opinion**

PETERiCHY:
For the DOUBTING THOMAS this your last OPPORTUNITY to join our MOVING TRAIN else you MEET us at #50 JUNCTION

BARGAIN HUNTERS TAKE NOTE!

#50? Now this is monkey hunting.
If you say 20 for now, it's understandable. We don't know if this is short rally, the direction is not yet very clear.

E Ku market o.

*Edited*

SlahJoe:
I was referring to share Transfer forms.
it was later I found out that SEC had stopped bank confirmation.

Okay. Follow up with Morgan so as to ensure they submit the share transfer form to the registrar, and also assist you to follow up with the registrar.
Yes. SEC already phased out bank confirmation to fast track the process.

SlahJoe:
...when should I be expecting my dividend payment, my broker is Morgan capital

Click this site to download the e-dividend form.

Mcy56:
http://sec.gov.ng/non-mandated/

ozome15:
i n nearly fell for it. it was God's grace I didn't.

Lucky you!
Penny-wise was long d.e.a.d with uncountable funds that went with it. I doubt if some recovered from the loss till today.
Always ask if you're not sure of any investment with mouth watering offers you're invited to join.