₦airaland Forum

mendes911:
Setting the pace or setting the trap?
#Heels.

Lol abeg make we enjoy this few days rally nah.
But GTB is not bad at 24naira for dividend lovers......... So also Zenith at 18/19

GTB still setting the pace............

2zona:
Seriously am tempted to bail out with this small recovery oooo

Wait it out first and see how it goes.......
Zenith is over 19naira now, GTB over 24, 24.50...........

GTB on steroid...........24 now and still trying to climb higher.........24M bids to 1.2M offers
Zenith 18.70 now......................22M bids against 1.9M offers...........
Fidelity, fbnh, UBA joined in the race........
Ucap getting set...........

market showing sign of recovery:
Access sighted at N8.....up with 30k..
UBA at 6.80..........up with 35k.....
GT sighted at 23+............
Nestle, afraid to fall below N1000....
FBNH on the move...........
Zee 18.30...........up with 25k
.
.

Market opened calmly, looks like it's going to react to the positive news, investors still cautious.
Let's remember what Oga Onifa said, if it recovers a little for few days, we should not be carried away.
Bids are higher than offer in some stocks.....

mendes911:
Am not a soothsayer but am 90% sure that this jump you just narrated will break your waist!

What if it doesnt?

Lion123:
Abeg we don't need respite now o. Let prices keep going lower until Zenith bank dividend comes through, let us mop up more units

These dumping never do you?
OYO.

owoblow77:
The qualification date was yesterday. You're late.

Wrong sir.

dinyelutochukwu:
I intend to buy UCAP today for the sole purpose of partaking in their dividend pay out.
Is this a wise move in the current situation of the market?
CC: OGG PETERICHY AGBA CP ORACLE MENDES MCY

You're in order. Buy if you wish to.
Qualification date is Friday 6th March 2020.

ebuka1997:
Hmm I have plenty kaya oh ma but I’ve decided with a strong mind to collect my losses and hold cash for further re entry

Sorry for that, wouldnt have been this bad but for the corona.
It affected everyone in the market.
You'll surely cover the losses back once the coast is clear.

veecovee:
These kind posts ... Friend, hope all is well

Coolcash1:
That is what you see when a person uses Taiwan phone .......

jamace:
I think Pa Ihediora is just coming from China and should be quarantined to avoid spreading that virus.

Chai! Wetin this market go cause ehnnn, that long list don over-confuse Pa Ihedi. I don laugh tire with these comments.

I hope the newbies that recently joined NSE and bought shares are aware of the situation of things and have plan in place.
I hope you set your stop loss also.......except for someone that opted for long term.
The market would not have been like this but for the corolla virus.
This time too shall pass by God's grace.

PETERiCHY:
Please someone should check on AGBA.
His UACN traded below N7.
Hope all is in order

Oga RabbiDoracle, Respect Sir!
You said it that UACN will trade below N7. Standardguy said maybe you have a shrine somewhere, it's begining to make sense.

OBAGADAFFI:
My first Broker showed me she ge.

He won't sell until the stock enters full-offer and then sell, immediately the offer dry-up.

mendes911:
The list is getting long. Sir Intendy will soon start requesting for extra sheet.

Transcorp still doing strong head.
Closed at 87k from 80k.

emmanuelewumi:
Well japaing is also a risk management strategy for traders

Lol

chillykelly86:
Sister Mercy, abeg no come make me dey fear to enter my car oo. You're the second person calling this thing Corolla

I saw one Toyota Corolla online, they now used marker to write virus beside it.

RabbiDoracle:
Relax yourself. Soon Jay Powell will release our highness and we go well after a short time. Later reality sets in.

Sir, pls just alert us when it's safe to enter the market back, we don surrender.
I cannot come and go and kee myself.
The news that one person died again in US and Iran's top adviser seems to be affecting the market again.
Media houses and bloggers are not helping matter at all.

akinssan:
Guess na village pipu...
pulling your legs ni ooo

I tire o, they're just bent on sending me to village. God pass them.

mendes911:
But this wasn't in anyway your fault though, it's not about the stock you bought, rather you were in the market when the tsunami started. Which stock hasn't been battered yet?

Yes. We never expect corolla. Just thought it will be normal market downturn.
Similar thing happened last year too, reason I'm adding one plus one together.

RabbiDoracle:
You want to run?

Sir, the stock don trap me since o.
Not always lucky with UBA.
Once I gbeja, I no go look that side again. Just like Caverton, I never know Wetin dem go sell wey i go buy again.

Gtb N2.50k final dividend
Zenith N2.50k
UBA. 80kobo

The coys didn't perform badly.
Why did this bad news surface around this time? Why! Oh! why?

Kashif:
I really don't see what is ravaging about Covid19, with just about 2% mortality rate. It is not a death warrant for crying out loud. It's the media blowing it out of proportion.

You just answered it nah. Media blowing it out of proportion and sending wrong signals.

Blessing642:
None for now

Ok. It depends on you.
You may sell now and keep the cash so as to buy bargain in market for profit
OR
Leave it for market to go up again.

I would go with the first option if I were the one.....but since I don't know the cost price per share, it will be somehow difficult to advice which is the best option.........you can follow your mind.

locodemy:
Yes,but wait and chop the UBA dividend first.

Sure.
Let me come and go and check if the dividend info is out already self.

Updated: Not yet.

Blessing642:
NB 40...UACN 7

I mean the average purchase price.
Do you have another stock you intend moving the fund to?

locodemy:
Remember onifa said the market may reverse this week as oil price is expected to go up but all na fake ni.

he said we never even see oso Abiola.That means there is still something worse than the virus we never see.

Noted.
Let it go up so some people can bail out at least. Na the Koko be that.

rebekah2011:
the cost is zero to him?

Cos it was inherited?
Anyway, like you said, he/she doesn't have to sell now unless in dire need of fund.

Blessing642:
Good morning everyone. I inherited some units of NB and UACN shares, I want to ask if I should sell now or hold on till price picks up again. Thanks

To start with, what's the average price for each?

locodemy:
that was same wicked bids witnessed in fcmb few days ago.
when the virus news surfaced,the wicked bids varnished.
These bids you see at 4.50 are fake ones,let the news of conora virus dig deep this week,
come see the real oso Abiola

We pray God will help us put an end to the ravaging virus soonest.
The bids in fcmb were actually in anticipation of good result, it was Covid19 that spoilt the show.

mendes911:
Look well. I believe something is up with GTB. I may be wrong though.

Maybe not so good result.
The result ought to be out last week Friday....don't know what's keeping it, we wait and see anyway.......