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Mendes911's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:21pm On Apr 04, 2019
RabbiDoracle:
But they still bought afterwards. So what changed? No be the same people wet don dey rule us since? grin
They left with dollars and returned back after devaluation. I think they got that one right.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 11:06am On Apr 04, 2019
maishai:
men, that will be God sent......I will borrow millions to buy zenith at sub #10...... I no go do the same mistake twice
You misunderstood my post oooo. Mbok, am not saying that Zenith will fall below N9.00. I was only pointing out the fact that prices were once depressed and still FPI's refused to buy stocks, rather they were the ones depressing the market.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:54am On Apr 04, 2019
GonFreecss1:
Of course when prices drop so low and becomes so ridiculous, FPI will come.
At this point, it's only those FPI that knows what will bring them back. We can only speculate. Zenith once traded below N9.00 (very low prices) and they are still the one's that crashed the price. Lets keep watching though, but while watching we need to know when and where to take position before we go turn Aaron at the end of the day.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:36am On Apr 04, 2019
Wonders of NSE!

Caverton - 2.25

NSE is purely NEVER SAY NEVER.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 9:52am On Apr 04, 2019
Agbalowomeri:
The hunter has become the hunted grin grin grin
LOL. I don't know whether to pity him or just laugh at the situation. The guy be pepper this forum with shouts of Bonanza. LOL.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 9:50am On Apr 04, 2019
locodemy:
Bros,I no longer have money to buy any stock now.I would have loaded more of Transcorp at sub #1.

I never knwew a time like this will come.Most stocks were trying to build a strong support sometime last month(zenith,Transcorp,fcmb) and we're waiting for a breakout suddenly,everything fall yakata.

Anyway,no need to run away from my forum except to look for cash to load Transcorp. I have one property to use to borrow money if Transcorp will not go below #1.


I am missing fxuser/bullbearmkt now.pls any TA person should help me check Transcorp for TA.

I don't have problem with fundamentals of my stocks but scare of further falls....
Exactly what I was saying to AutinKenneth. You can always bring in funds if you so much want to. I doubt there's anybody here that solely does NSE Trading/Investing, they are always other stuffs going on for additional income.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 9:08am On Apr 04, 2019
austinkenneth:
Buy more or average down with which money? One's money is not infinite. What he is simply saying is that he is fully invested.

That is my predicament also despite being a member of the bonanza gang.

Now, the bonanza is here but I had earlier invested (and therefore taken a hit)
I will take it that you don't know High Chief Loco. He's one of our deep pockets here. Him and TriTri NEVER runs empty.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 8:25am On Apr 04, 2019
locodemy:
The way I see this market now,the only thing that can stop the bleeding is releasing of Q1 results.

Maybe the unhealthy policies might be eradicated before half year results.

Since yesterday,I have not been myself due to excessive money I have put into this market hoping for a better return in the nearby future.Now my business is shaking seriously as a result of this action.

I know other people here are having similar issues now unless those who have mouth and no portfolio.

Imagine Transcorp coming back to #1,zenith #18,Fcmb #1.50.
And may even go below these prices if no intervention.I think I will be going off from the forum from now until my portfolio is back again.
Chief,

You are old enough in this business to know that it's all about a cycle. Luckily enough, you are in stocks with good fundamentals. You really have nothing to worry about. Transcorp at N1 will be an opportunity for you to load more and more. Mind you, Transcorp's drop of yesterday was because of that entity that offloaded all at once, else Transcorp hardly drops like that in a day. FCMB MM might wake up tomorrow and drive things up. Zenith doesn't stay down for so long. I think you are good shaaaa.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 8:21am On Apr 04, 2019
aremso:
Thanks King Chibu for this hope and encouragement you are giving us
ChiBuKing is dishing out all these encouragement because he's presently in the market. Else, he would have been screaming Bonaza Bonaza Bonaza! Wait till he finds a way out.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 2:55pm On Apr 03, 2019
Agbalowomeri:
Reversal in early April? Okay o
Let me check my dictionary for bearish volume grin
Agba, I need your email.... Can you send me a message?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 2:07pm On Apr 03, 2019
Mcy56:
Hhmmm, you should all keep analyzing there. Who are those buying the big volumes if I should ask? tongue
Some people that bought yesterday, sold today. And those that bought today might sell tomorrow, back to the people that they bought from today. And the cycle continues.

If I remember correctly, You mentioned that you bought and sold same day, few days ago. Just have a strategy and stick to it. Everything else will be noise to you.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:21pm On Apr 03, 2019
tritritri:
Has the 30k been broken ? lol..when u see dis kain bear..u will reset dat target.
And that's a mistake. Set your targets well before hand and adjust based on new information, and not on whether there's bull or bear. A friend was meant to sell his FCMB years back at N3.00 and he kept re-adjusting his price as prices were going up, he still has those stocks till date and yet to sell.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:11pm On Apr 03, 2019
tritritri:
My hands r shaking...scared to place buy self..
You should have set your targets, know your entry and exit. Make up your mind and stick to your plan. There will most likely be a reversal this month, for a short gain. You can risk it.

That transcorp drop toorr, i expected it to take a while to get there but an entity take vex offload.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:03pm On Apr 03, 2019
mendes911:
Bros, chill small. When "yeye and rubbish" results starts dropping end of this week/next week, and their share prices start dropping. The fever will get to Transcorp and who knows, our "N1.10" might come to pass sooner than later.
Zoomed past N1.10.

Obene Kwa Kwa.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:01pm On Apr 03, 2019
Transcorp 1.08...

Hmm
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:59pm On Apr 03, 2019
Where is BBM and FXUser? Now is the time to trade market based on TA and we need them.....
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:55pm On Apr 03, 2019
tritritri:
You mean d worst is still yet to come ?
If FPI's don't come till November, I will buy Transcorp at 90k. Just my gut feeling, just mine. You better choose not to believe me shaaa.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:45pm On Apr 03, 2019
GonFreecss1:
Nope. Capitulation has not started yet.
That will be in May, most likely but if am wrong, it may start without a break. Very very interesting.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:44pm On Apr 03, 2019
When Caverton reversed after a day of full bid, that gave me more conviction on what I have been suspecting. Be watchful though, there may be a 20% - 30% swing this month, very likely. Monitor GTB and Zenith, those 2 stocks will tell you when to jump in.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:22am On Apr 03, 2019
pluto09:
Those who got the N 1 largesse from access should not rejoice yet until they sell their shares in access.
Those that bought at 66k can rejoice till eternity shaaa. They already have 50% profit that no one other can take away from them (unless they collect the N1 and reinvest in another yeye stock).
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:10am On Apr 03, 2019
Mcy56:
What's going on with Access? 32.8M offers no bid as at now? huh
When many of us are at N3.00 junction calling their name, won't they answer? Are you sure DBN shareholders hasn't been credited with their Access Bank shares.

Month of April. Month of Goodies!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 4:01pm On Apr 01, 2019
April to remember.....

Had I known loading!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 3:59pm On Apr 01, 2019
rebekah2011:
Oga. These stocks you are busy sharing.
ChiBuKing is fighting tooth and nail to see something chop. From UBA to JB and now Chams, Chams of all stocks! Let him market my Dunlop mbok.

Well, Chams might pay him in the interim.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 8:57am On Mar 29, 2019
PharmAlfred:
Pls go and read the report. It is just on the 3 or 4th page. It is 22kobo
You are dwelling in the past sir. Download a fresh copy. Abi this shayo never comot my eye? TriTri abeg correct me.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 8:51am On Mar 29, 2019
Seems like Fidelity changed their result. I saw 22k earlier, now it has changed to 11k.

Aeroplane don jam cargo ship be that.

Obene Kwa Kwa!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:06pm On Mar 27, 2019
locodemy:
The stock is 80% close to full bid.I don't think 1.21 is achievable again today let alone 1.15 and 1.08.
Bros, chill small. When "yeye and rubbish" results starts dropping end of this week/next week, and their share prices start dropping. The fever will get to Transcorp and who knows, our "N1.10" might come to pass sooner than later.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 2:20pm On Mar 25, 2019
735i:
You see that woman, and one guy named Benson....if Access should let them go, at least 20% of DB's retail and Business client's will go with them. And this is me being conservative.
Chizoma is a key DB staff. If you know, you know.
Ok. I hope it works to their advantage then. Hopefully.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 2:00pm On Mar 25, 2019
http://www.nse.com.ng/Financial_NewsDocs/25385_ACCESS_BANK_PLC._CORPORATE_ACTIONS_MARCH_2019.pdf

Matters arising.

Access gradually "acquiring" same group of people that ruined DBN. Issokay..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:00pm On Mar 25, 2019
pluto09:
I am also waiting for a pull back but I don't think N3.00 is realisable.
Maybe, but am hopeful that DBN wonderful "assets and liabilities" and further dilution of share outstanding will dribble Access Bank EPS a bit. We go soon know shaaa. That's a price I will comfortable enter Access Bank post merger, else I go carry my money to other stocks. I cannot come and kill myself.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 11:11am On Mar 25, 2019
tritritri:
No ooh..I load few mth ago at 5.80-6.20 ... i shd av sold at 7...maybe next time...
I was just pulling your legs.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:40am On Mar 25, 2019
Mcy56:
Na so. They will have to wait till the price goes up again.
Imagine the magic those cowboys performed last week Thursday, one would have thought its price will go up, but na mere IGG. grin
Access that I will buy for N3.00 by November. Tritri and his "friends" loaded up last week at N7. Serious enjoyment. grin

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