₦airaland Forum

billtommy:
So, this drives up the price of the stock?

Yes. Most of the time. It's a factor of demand and supply.
High demands against few offers. It can also be vice versa, wen offers exceeds demands
...................but there could be exceptions to these on few occasions depending on certain factors.

lexy2lexy:
Please which website is the best to monitor live transactions in NSE? Do I need to register?

We've mentioned a lot of them here in the past, you may read some pages back.
......but I use Morgan Capital platform.

PETERiCHY:
we expect investors’ reactions to remain positive in the near term. Our last communicated fair value estimate was NGN26.22/share. Our estimates are under review.
BARGAIN HUNTERS TAKE NOTE!

Well done OcToPuS the Promoter.
Thank God Wapco is no longer going to Golgotha, you wouldnt have allowed us rest here.

Wema: not doing bad.....
Wapco: Conductor locked door for the 3rd day................full bid at day's highest price, 11.80..........
GTB: Money bags are yet to finish buying, they kept dragging the price back to N18...............we are observing..........
Transcorp: Tony boys trying to move the bus..................risk takers should buy at "owners risk", dont mention me.

Etimnaic:
Guys please is UBA a wise choice at 5.5, or do I want for it to dip?

If you are not a short termer, it is good.
However, I will say dont buy all at once in case it pullback, you can then buy more.
Not saying it will pullback at the currentprice or not, but the phrase remains "anything is possible".
Do your due dilligence. This is strictly my opinion.........

rebekah2011:
Arhhhhhh. This is COVID-19 induced purchase. I will wait for my Ogas to help you dissect and fashion a way out.

lol.

onegentleguy:
......and what u know, is not far from the truth.

Lol.
Thanks for always putting it right when I erred too. Well appreciated.

billtommy:
Please can you explain what crossing is?

Crossing, by my own understanding is when brokers trade within customers accounts by just moving certain number of units of a particular stock from one customer to another, maybe one customer wants to sell another wants to buy, they just cross it without bringing it to the floor.......but all transactions must passed thru the NSE engine, that's why we sometimes see high volumes being crossed on the engine e.g. the 61M units of GTB crossed yesterday.
* Also, the crossing could be from one stockbroker to another.
That's what I know.

People are packing Fbnh at 4.50......
Lots of cross deals in Wapco at 11.80, lots of purchases on the floor at 11.80 too...
These two are trending, investors taking positions, not necessarily because of the dividends but because of the much improved results, which will be much rewarding in the nearest future.
We are observing....

abuhusna1:
No mind me ooo. Atleast I don join group wey go dey get insight of when and why to buy and sell

Why not ask before you buy?
You're on a longggggg thing in capoil......but let's hope one day an investor will come to acquire it.

onegentleguy:
I endorse this post.
...but I'll be more inclined to adhering to the 2nd part in bold than the 1st.
Everything will depend on one's investment personality, strategic play and investment horizon though.
Regards

Well said sir. Thanks for the insight.

E Ku market o
Wapco at 11.80 is still a good deal, especially for medium/long termers....my opinion.
Not an advert.

Updated: now on full bid. Moneybags are reasoning its matter

DeRuggedProf:

Now, which spirit come cause this one now, that of Loco, we know, that of Richy, we can identify, that of Mcy has repented. But this one is Novel, maybe Corona spirit....

Lol
Fear-greed spirit maybe.
OK. Can see that he answered himself....itchy fingers spirit.

leo1234:
But chief,
It is not logical.
How can a company that made profit of 200 billion sell for 150 million.

Seems you don't get what Pa Emma was saying there. I even had to share it for reference purpose.
He was actually addressing those waiting at N5 junction sarcastically. Read it again. At least that was my interpretation of it.

ebuka1997:
I just got the money I wanted to use to trade, it was tied up previously unfortunately

It's okay.
You may still bid it lower than today's closing price, maybe it will get there. The only issue is that you don't trade yourself, if I get you right.
In the alternative, you may go for another good stock that's yet to move.
Look before you leap anyway.....my opinion.

Yuzxy:
Please, I bought zenith at 19.50
I'm thinking of selling it now at35% loss and rebuying when it tanks again. Do you think it's financially wise?

I will say don't sell it. If you have fund buy more to average down your cost price.
OR:
Just leave it and use the fund to key-in to another good stock which can appreciate to reduce the loss. Zenith will still go up, it may not be on straight line, but gradually.

NB: This is my opinion.

ebuka1997:
Isn’t fcmb touching 1.60? I placed a limit order to buy at that price I don’t know why it’s not been filled yet by my broker. I used Afrinvest self trading app.

Chai!!
This stock was begging buyers up till this morning when trading started but they were looking away. It sold down to 1.41 as at yesterday before bouncing back to close at 1.51.
It was even shouted enough here.
Hhmmm, it's well.

Afriprud:
They're now ready to do AGM by proxy, just like others.
Date: 28 April 2020.

Waiting for Ucap too.

Shout out to Oga RabbiDoracle

Perculiar:
dear Mcy56, please check your mail biko oooo.
please what do you mean by full bid

I replied your mail since day one but you never get back to me.

Full bid means buyers wanted to buy a particular stock at the highest price trading for the day but there are no sellers.

Fidelity : full bid...
FCMB: 1.64.... full bid too? We'll know by 14.30. ......updated: closed at 1.64.

Gtb's sluggishness in today's market is worrisome, let's see how it goes tomorrow...

lancee:
Eru ..Loaded

The crossings created panic but they'll move the price once they're done.......moneybags at work.

lancee:
With not much offers ..Make Uba move up small to give room for fbnh to reach 5
Watching

Someone just did 61M block crossing of GTB at N18.......
Interesting time ahead? We are observing...

Wiseoldman:
Please, which good coy can we still key into for this dividend season.

Though risky to mention any stock....but Zee is still good and GTB never waka as such.

abuhusna1:
Very painful I didn't buy again @ 8.9as I was planning to buy addition 100K units at 8.5 to dilute the high cost of 10.37 I bought my first one. I for just sell am now. Stock market and had I know

That's market for you.
You may look for other stocks to put the fund cos conductor already locked wapco door for today.

lancee:
U right

There's strong support at N18 now.....

veecovee:
I think ... soon, it'll be time to transfer loot from zee to gee

Well done sir.

Fidelity 1.95....
Can it do full bid today? We are observing....

sellydion:
Zenith seems to be preparing for a takeover from GTB
Time will tell.

I doubt if GT will allow that.......it's still warming up ni

locodemy:
Fidelity is 1.90 now.
Alert me on fcmb full bid.
It will come up today.

Lol. @1.59 now....
Seems that seller is not yet done, it will move too......

@1.60 now ......it will surely close the gap with fidelity.....

dinyelutochukwu:
My dear, No long thing.
I injected the money into FBNH,
I had put over half of my portfolio into averaging down on WAPCO. It’s still good I took the step I can’t have such chunk of money in one stock so that I can sleep at night.

@Mcy56, you’re an invaluable asset in this forum. Enjoy the bull while it lasts.

Thanks for the compliment.
Good to know that you did put the money to another use (stock).
Let's enjoy the bull while it lasts, recoup some of our losses and make good profits too.

seyisanya:
While some are still waiting to buy at N5, like say nah dem use scissors commission the bank headquarters...lol

Lol