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Mcy56's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:12am On Apr 29, 2020
anjilgreat:
No, good and patient teacher!
Lol. Thks Ma'am. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:10am On Apr 29, 2020
Wapco:
10M bids against 836k offers ......... tomorrow 30th is the final qualification date.

*Just for info purpose*
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f):
ZikkyChops:
@mcy, is he advisable to buy jberger @23+.
In my opinion, it's good if you're holding it for medium to long term.
You'll also chop coming dividend and bonus issue in-btw.

Chai!! The way some portray me here self. I'm in no way a guru or stock expert o. I have lots of bosses and Tishas here. grin
I'm just a front row student who doesn't joke with note writing and reading. Lol. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:33am On Apr 29, 2020
rebekah2011:
This Madam will not kill person with laughter. I am an Afolabi units holder in UCAP. The Bank account is very very low. Pa Emma will come and bail us out. He is the real Chairman.
Na Afolabi units my ogas used to buy.
Chai! It's well o. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:04am On Apr 29, 2020
FemiLavida:
I sent you an email. I want to invest in stock market. Need you to guide me on some things.
I don't always login to the mail o. smiley
Bros you'll have to read first. Try and read about 100 pages of this thread from here backwards, then read some pages from the earlier posts, from beginning to certain pages.
You may have gotten most of the answers to your questions by doing so, then you can ask for clarifications where necessary.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:56am On Apr 29, 2020
sky2891:
Yet to get mine. I hope there's no problem?
You can check your acct. Your bank may have network issue.
It may also be that they're paying in batches.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:53am On Apr 29, 2020
PharmAlfred:
Do small give away for son of man.
Hahahaa. grin
Ucap chairman in person of oga Rebekah2011 is here nah, me na tashere holder. Let him and Pa Emma come and declare for us o. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 9:49am On Apr 29, 2020
E Ku Ucap dividend payment o. grin
It was as if they were waiting for 12.00am to commence the payment. Got very early.
Remaining UBA and Afriprud.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 8:48pm On Apr 28, 2020
PharmAlfred:
Why are we so many on this thread even after the days trade? Are we expecting something?
Lol. Expecting dividend nah. grin
Expect Tony customers tomorrow, God willing. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 8:29pm On Apr 28, 2020
Enyinne:
Sis , I hv some few wapco I had wish to sell but price is not moving up rather dropping more each day even though the qualification date is close by . Pls what might be the issue over this slow movement
To the best of my knowledge, there's no issue with Wapco. Matket can sometimes be irrational and will just do its things.

Think you have 2 options:
1. You may just collect your dividend and Keep it for medium/long term, OR
2. Sell it. Take your loss and move on.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 8:19pm On Apr 28, 2020
IYGEAL:
That's clear.
Next day after last qualification date is the markdown right? Or they sometimes delay the markdown?
Yes! Next day after last qualification date is markdown
No! Markdown can never be delayed.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:38pm On Apr 28, 2020
maishai:
Who used Polaris bank here for fbnh div.....mine yet to show
Once you qualify, you get your dividend irrespective of the bank you're using.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:24pm On Apr 28, 2020
Princkez:
I received dividend on the FBNH shares I bought on Monday being the last qualification date..
Great! This takes care of the argument on the purchasing on the last date of qualification.
When you buy on final qualification date you get dividend. That's how it should be.

CC: Locodemy
.IYGEAL
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:02pm On Apr 28, 2020
Focusingmore:
Newbie question, what do you guys do when you're stock price falls dramatically?
Do you sell, buy more or simply wait.
I took "fall dramatically" to mean losing much amount on the stock thru price fall.
Well, in my little understanding, you somehow answered yourself. Depending on:
* The particular stock in question, FA/TA sound or not.
* The type of investor you are - short, medium or long.
* The past few quarterly result released by the coy - how good or bad.
* In all, there's something called stop loss - it's good to always apply it.....especially if you're not a long termer.
* As short/medium term investor, you may either sell using the stop-loss percentage you must have set; you may average it down or simply wait for it to erase the loss, again this depends on how fundamentally sound the stock is.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:50pm On Apr 28, 2020
robosky02:
Abeg how do I buy
You need to read because this question was attended to on several occasions here.
Try and read about 70-100 pages back, you should get your answer there.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:46pm On Apr 28, 2020
ITSURS:
Good day all, Just to find out if anybody in the house has gotten FBNH and FCMB dividend. Today is the payment date and i am still waiting mine. Thank you
Yes! FBNH and FCMB paid today.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:28pm On Apr 28, 2020
GTB 21!
Expect Zee at 15 soonest. lipsrsealed Abeg make una no mind me o. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f):
S007:
The Spirits are here
Lol.
I wonder what the issue with fbnh is, it refused to move.
In my opinion, those inside the bus should just hold on, found support at 4.30 already.............we see how it goes.

Afriprud: I wonder what the dumping is all about. Maybe they're selling to join the already moving train.... grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:15pm On Apr 28, 2020
Zenith 14.50 now.......
Gtb 20.20........
Access 6.30...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f):
Bids increasing in the fugaz and some other stocks but bargain hunters are bidding lower...........
Let's see if there'll be a breakout.....

Zee: 35M bids against 15M offers ......as at now
Gtb 24.3M bids to 8.2M offers
UBA: 22M bids to 7M offers
Access 14M bids to 8M offers
Fbnh: 18.6 M bids to 19.5M offers
.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:42pm On Apr 27, 2020
meshpips:
You really don't need to.
Book wey no enter head go must enter exam hall.
I will remind you of this your post in the not too distant future.
I hear sir.
What of the person holding money and wanted to buy stock with it, till when should he keep waiting?

Anyway, left to me, @meine , Zenith is good at 14! You may choose to wait till it gets to N11, or N5 self..................some of us will join you at that junction too, at least we for don chop small price appreciation on top Zee before then. grin
Good luck!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:35pm On Apr 27, 2020
GTB sighted at 20!
We expect Zenith to follow suit.........close the gap a little more.
Even if Zenith will retest 11.90, it's not around this time going by Oga Oracle's prediction.
Anyone waiting for Zee at N5 self can keep waiting. grin
Oga Oracle was able to give us likely time direction, Meshpips too should give us such direction.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:10pm On Apr 27, 2020
meshpips:
Many times, we as humans do not trust those that we know. His friend got in at an excellent price for this year thus far. Whether it was coincidental or not, I will advice him a thousand times over to seek counsel from his friend and him alone.

Zenith will of necessity retest 11.90 and then quite possibly 9.44 before the proper buying begins.

The thing we dey find go Sokoto dey inside sokoto (trouser). He should take due advantage of his relationship with his friend.
Oga Meshpips, can you tell us when @ the bolded?
If you can accurately predict the time this will happen and tell the Oga, then its fine.
If that oga too can ask his friend about the timeframe it will go back to 11, we will also be glad to know about this too.
The man wants to buy and is looking at the timeframe it will get back to 11, please assist him here.
If you cant, then someone like me will not take your advice to him with a pinch of salt.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:01pm On Apr 27, 2020
meine:
.......
Sir, in my opinion, you should take below advice instead.

Bomboclad:
The truth is, no one can definitely predict the market but we could make predictions. However, this week, things are a bit uncertain to say the least, so I would advice you to watch, and wait for the next opportunity, not this one!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:50pm On Apr 27, 2020
meshpips:
It seems to me that your friend knows what he is doing. I strongly recommend that you take your trading advisory service from him alone.
Don't you think coming into a faceless forum to seek such advice is risky?
Just do whatever your friend says for you to do and I think you will be just fine.
Oga Meshpips, while your advice was good, I strongly disagree with the bolded!
You said this simply because it worked for the friend and you predicted that Zenith will touch 10.90 or is it 11.90 or thereabout......again.
Do you know if purchasing Zee at 11 by the friend was mere coincidence?
I just felt your advice was one-sided without taking all other factors/risks into consideration here.
Some people took advice from faceless forum and are doing fine as well, especially when the advice is not biased and, is with a good intention.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:25pm On Apr 27, 2020
RabbiDoracle:
Strong buy if you are holding for long term and you are not veecovee grin cheesy
Sir, you said well by including long term.
Those stocks used to have liquidity issues and not good for short termers.
@ablyguy please take note.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:18pm On Apr 27, 2020
RabbiDoracle:
Strong buy if you are holding for long term and you are not veecovee grin cheesy
Chai!!! grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:10pm On Apr 27, 2020
PharmAlfred:
Buyers don't want to buy high, sellers don't want to sell low. That's the summary of the market so far.
Volume has been low compared to other days.
You're right. Bidders bidding lower. Sellers not willing to sell low. grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:02pm On Apr 27, 2020
ablyguy:
I am innocent of any crime you think I committed sir.
Just assist a young chap trying to making investment decisions.
Lol. Prof jokes a lot. Just catch your fun and pick salient points from the jokes. grin
Guiness: Bids 3.4M; offers 316k as at now.
The buyers are increasing, close to the bottom now and may likely reverse...............going by Oga Oracle's prediction if I'm right. grin
Pls note: Do your due diligence. Mr. Market has a mind of its own. tongue
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:56pm On Apr 27, 2020
rebekah2011:
Madam, what happen? I am waiting for UCAP's 50kobo dividend to land tomorrow.
Sir, tomorrow is for the proxy AGM. 29th is payment date.

NOTICE IS HEREBY GIVEN that the 2020 Annual General Meeting of United Capital Plc, earlier postponed due to the COVID-19 Pandemic, will now hold on Tuesday, April 28, 2020, at the Afriland Towers, 97/105 Broad Street, Lagos, at 11.00 a.m. to transact the following businesses:

6. DIVIDEND
If the dividend recommended by the Directors is approved by the shareholders at the AGM, dividend will be paid by Wednesday April 29 2020. Given the previous notice to the shareholders and the investing public by the Company on the closing period for the purpose of dividend payment, dividend approved at the AGM will be paid to the shareholders whose names appear in the Company’s Register of Members at the close of business on March 6, 2020.

**edited
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:43pm On Apr 27, 2020
meine:
Thanks is Julius berger liquid if somebody want to sell anytime.
I think that's where the issue lies, not that liquid if you're looking at accumulating in millions and for short term.
JBerger investors here can advice you better.
If you're looking at liquidity, then the best stocks to buy are banking stocks.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 12:40pm On Apr 27, 2020
DeRuggedProf:
Mcy56, kindly help.
Now afraid to answer monikers configured using U,Y & G ....Yours get Y......... grin grin grin
Prof why do you want to change the baton nah? shocked LOL @ mine get "Y". grin
Ablyguy, pls direct your kwesion to the Oracle, Oga RabbiDoracle himself have reply to your enquiry. grin
He mentioned Guinness few days ago, seems it's bottoming out now.

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