₦airaland Forum

Mpeace:
Got me some more diamonds today. I just dey transfer my wapco to diamonds. Bought wapco at 42.

There are more available. Please buy.

Diamond 80M units at N2.65.

Kai, this one go rest in peace wella.

fxuser:
we may see $50 bln reserves earlier than expected !
dat wud support Naira convergence , very good for mkt going fwd

Reserves that has been stuck at $39 Billion for the past 3 weeks. The more you look, the less you see.

Agbalowomeri:
He is a billonaire
Na why I dey look for that him mattress; once I thief mattress I go just retire

You are looking for his mattress. His pillow is enough for my extended family and I.

Toluway:
As early as that?

Pluto might be in the same league as those MSCI guys....

Agbalowomeri:
I can bet my portfolio full of diamond on it

I would have said you will loose money if you bet your Diamond bank shares, then I remembered it's already losing money and you wouldn't mind giving it all away. LOL.

Seriously, they are NOT.

Chibuking81:
Their suspension following the recent bull might be a blessing in disguise, because they are the highest manipulators.

By now, they would have been heading to #30, without opening entrance door for passengers, only to open when they are ready to dump. And they makes money in doing that.

Its a blessing because a lot will be trapped by now.

Many will only see their gain on paper, but not physically.
In NSE don't be too much greedy.

Either way, people will get trapped. There's no blessing in disguise. You can say that their own entrapment is yet to come!

Agbalowomeri:
Nope

You don't think so.

Oya Prof, over to you.

wanaj0:
You be Methuselah??

Chief, there are people I can never forget. Likewise experience.

Agbalowomeri:
DexterProf

Not at all Sir. Dexter77 and Prof. are 2 different peeps.

Investnow2017:
I was just thinking to myself this morning. What do we call a situation where no one wants to buy and no one even wants to sell either, in a stock market? Oga Emma, Agba, CurrentPrice, Onegentleguy, Mendes11, Oracle, DeRuggedProf, Yayira and co, etc

I have asked this question because of the way one of my darling stocks is dancing right now on the floor No one wants to sell, and no one wants to even buy

Ma,

I can say more if you disclose the stock in question. Maybe you are referring to Seplat.

Remember that putting up a bid automatically ties down your cash and that cash can't be used for another trade. If it becomes knows that a specific stock hardly trades daily (traders not willing to provide offers) and there's currently nothing new (information) that will warrant buyers queuing for this stock, most buyers might decide to ignore the stock and move over to more liquid (prospects of offers turning up).

I don't know if there's any term for this kind of behavior (Fxuser or Agba might know better).

Chibuking81:
Question asked on January, 9.

If the current bear continue tomorrow, those who fixed their money in Oando will have no other option, than to bail out.

Then the bid quantity will disappear.

They won't. It's already expected that the share price will go North once they come off suspension and many will hold on to that conviction till then. The only thing is that it may only go North for 2 or 3 days once TS is called off before taking a nosedive, and many will get trapped.

The drama that will unfold here may not have a part 2.

bigjay01:
AKtopgun our preeminent technician. Guess he is busy looking after his psyche patients

LOL. You so much remember. Initially I thought FXUser might be AkTopGun but later got my conviction. I could still be wrong though.

bigjay01:
he was never registered here with that moniker. That moniker is so so newnigerians.com

FO2 was briefly on SMN (after new Nigerians) before he disappeared.

Am interested to know where Aktopgun is. Do you know if he's here?

Agbalowomeri:
Please buy the 100k

Kai, I thought you are asking for the right number of units so that you can buy. Abeg buy 250k units to double ensure it attains N2.92.

Agbalowomeri:
Is it 100 or 50

100k for a stock on that share price (i think below N5 or N10, not sure). Zenith can change on 50k and NB can change on 10k.

currentprice:
80m offer

3.9m already sold. over requirement met already

It's not about the total number of units sold, has there been a single block of 100,000 units at that offer price?

Please, can someone tell me the units of diamond on offer at N2.92? Am getting a conflicting figures. Any one using TRW?

Seems like Diamond is yet to trade the required minimum block for price to reflect N2.92.

bolabiyi:
selling now is no opportunity, sold at 2.66 waiting to buy back. ..I'm never greedy, I learnt d hard way.

Tomorrow, some people might realize that selling today was an opportunity.

Moons ago in school, we used to say that you never know the value of an "E" until you get an "F".

wanaj0:
You need to change the lens that you are using to view 'long term'. It was pretty clear what the Long Term for OandO is looking like

All these happened before the downfall of oil price. Am also not saying that oando currently has any long term hope.

Seriously, if oil hadn't taken that kinda nosedive, Oando won't be doing so badly (though the stealing would have continued though).

wanaj0:
Provided 'school fees' money was not used for the short term position. Some people go defer their going to school till the far future be that!!!

This is still registration fees. School fees never start. Application fee was paid 2 weeks ago but some traders were lucky to get a refund (those that stayed back!

Should this enter next week, that's when school fees start counting.

samzepaparazi:
People are buying transcorp at 1.94 in good volumes
Plus the heavy purchase at 2.17

I dont think these people spending large are here to lose money.

Gentle men. I can confidently tell you that profit taking season in transcorp is over

I didn't even notice when this one park... Guys had their opportunity to bail out today. I guess some missed it.

Kashif:
Buyers are on strike!

But doesnt look like more sellers are coming either. The bears may wear out between today and tomorrow.

When you are told that the market is flooded with goods, will you bother wasting your energy and transport, for your goods to get to same market.

Lets keep watching.

currentprice:
^^
loco will not like my boss atall

in loco mind why oga wanajo always come here with warning warning but never pointed stock to BUY

He will dislike Wanaj0 ONLY if he doesn't know him. Wanaj0 has maintained that buyers will always make money buying oando shares and some will definitely lose money.

Both has happened to me and oando practically made me ditch long term investing.

I bought at N14.+ after one of those several right offers and watched this stock trade above N28.00 but didn't sell. I was looking long term....

Ended up selling at about N8 after it dropped to about N6 and rebounded.

TS might be lifted tomorrow and the share price will go up but if care is not taken, those guys rejoicing today might be looking for buyers at N4 later on.

Diamond has sold just 3.5m units. Kai, this waka go far oooo.

Abeg where are those noise makers that were screaming about high prices. Should we still wait for Messiah to come?

CurrentPrice was matured enough to disclose when prices got very uncomfortable whereas others were still screaming for more passengers to join the bus.

But CurrentPrice na bad conductor shaaa, drivers no go like him style of work!

Na joke ooo (Some part of this post).

RabbiDoracle:
Nostradamus!!!! So not just TA, FA and gut feeling. Now dream don enter.

We will be consulting you for dream analysis

Na so my malaria dey do me shaaa. Too many dreams.

Lets wait till Wedsnesday.

RabbiDoracle:
I don't think there will be direction for chartists. It is still not clear the direction until it starts to near its dumping end.

Na yab I throw joorrr

RabbiDoracle:
You still don't get it. It will keep dropping by 10% until there is a mad rush by bargain hunters. For now, people are on siddon look mode.

The herds will keep pumping to sell off their units and more offer means more misery!

Let's watch and see naww. The cowboys will probably come for a quick 15%.... That will create an opportunity for trapped guys to exit and create an opportunity for very few one's to enjoy with them.

This movie may also last just for a day should they decide that they are comfortable with just 10%.

This FO result wey dey smell like this?

Why didn't Chief release this result while the bulls were around for adequate cover? Well, this revelation I had in my dreams might not be true shaaa.

RabbiDoracle:


The "aro meta" must keep falling.

*Takes cover from stones*

Another 10% drop Thursday and then early Friday, maybe then I will try my luck again.

samzepaparazi:
People are buying transcorp at 1.94 in good volumes
Plus the heavy purchase at 2.17

I dont think these people spending large are here to lose money.

Gentle men. I can confidently tell you that profit taking season in transcorp is over

No worry. e go still return go back N1.94.

#No follow follow me oooo

Agbalowomeri:
Market will go low and rebound. Setting a small trap for Afriprud at 4.05

For sure. I expect the market to go low but I do not really expect FCMB, Diamond and Fidelity to drag other stocks down. Yesterday might be the worse effect on other stocks. Today might be different.

As they decide to go to park, let them go alone in peace.