₦airaland Forum

Yayira:
with all the billions that was recorded oracle is still saying FPIs will flee ! Dem never flee finish ? Abi na dem get index ?

Zenith trading N1.5b just today alone suggests they're still around. I suppose they don't all leave at the same time. They also have different investment strategies, just like we do

Yayira:
Wicked people

Yes o, I no fit carry wound now, it's too early. My initial target for my first batch was 20, but I don't think I'll buy any at 20 with this pace of falling.

TIMING IS KEY.

I go stretch my patience

Agbalowomeri:
Anyone wey argue with mr. Market go carry Fayose collar

#Am in pain
#I can't do this anymore

Lol

True talk. Zenith might be selling under 20 next week. And result still far, around August 10

Yayira:
Which other direction ?

It disappointed to go UP, but it's not disappointing to come DOWN

Some prices I was expecting around August ending are already available. Na to dey shift goal post small small to avoid injury.

I love Zenith! If it disappoints you in one direction, it won't, in the other

Agbalowomeri:
It will rest around 27 to pick passengers for interim dividend, then to 22/24 September; final janet should take it to 18

You're talking about GTB or Zenith?

aremso:
let them just join i beg and make the tin no be temporal

Chai

fxuser:
making a fresh weekly low ( daz over -35% off the yr top)

SP now dropping further below the 200 dma .. its a whole new mkt behaviour

all weekly charts nt looking good at all

Hmm....

But I think GTB may recover today's loss tomorrow, and then continue the gradual fall later with others. Today's fall was out of scope.

We remain patient...

Agbalowomeri:
GTB has lost around 40% from around 55 top
Fallow space dey for my village o, what are friends for

This type of fall GTB fall today is the one I like. If others emulate, market direction and destination will be very clear, even to a blind man

We can make more money

rationalmind:
I have made up my mind not to sell my holdings, even if it takes 10 years for them to return to profitability.

I will not sell to grave robbers like Rabbi, cp, mendes, chib and whoever keeps waiting.

They can buy from others but not from me

Lol

Hmm....kolaaanut

Mcy56:
Transcorp now 1.20. Na papa bear be this or wetin?

It will be difficult for a stock like Transcorp to move in a bearish time like this, even with a very good result (especially without interim dividend).

Even the market movers (Guaranty and Zenith) could close below 39 and 23 respectively today, given current bid positions.

Watching...

Mpeace:
Na you get time to reply them.

Chibuking81:
This might sound like a joke, but might end up as a reality, as building up of 2019 general election is becoming intense.

I don't know for the others on the list, but I don't think Guaranty and Zenith will get to those prices.

Let's see sha

Yayira:
Ok.. Don’t be late.

Where is senior Tolu ?
Come oo it’s about to go down..
After this reggae na blues go follow.

I won't be late o. I'm not targeting any 10-15% profit that could go wrong and trap my funds. This period is very tricky. I'm planning for a bigger kill...requires plenty of patience and the ability to fight itchy fingers (still learning hard to control this one, but there's a lot of improvement).

Yayira:

Hope say you don sharpen your cutlass?

For where?....my cutlass still dey under my mattress o

If it falls like this till Friday (and Dangote Cement stay one place) I fit comot my cutlass to start sharpening. By then index go don reach 36,000.

More matured bears visited the market today

Their impact was shielded by Dangote Cement.

We remain patient

wanaj0:
Sorry sir. Only Oracle and Currentprice are able to determine that. I never reach that level.

Lol

Mcy56:
@ Sir musty00, no insurance stock made the list? That's interesting

The only insurance stocks I monitor are custodian and nem, and they're both in green along with these other ones in my list.

Mcy56:
Happy Sunday people!
Where is everyone? All is well o.
Modified: musty00 don first me submit comment. That's a good one.

Where d people naw? Na only me and you dey here.

And I dey leave you go now

This place is bearish. No excitement in the market

After the last small bull run earlier in June, most stocks have been trading sideways (hanging around for Q2 results) with some bearish tendencies. The fall is not as bad as it seems. Most stocks have not even offered very good entry margins. Below are the declines so far for some selected stocks with closing prices on June 13 and July 13.

We're still watching and waiting

fxuser:
Pre-Q2
- beware of the Q2 Bounce bias
- beware of the interim div bias
- beware of fake supports
- beware the stories u tell urself
- beware of ''dis gotta be the bottom bias '' lol
- beware of itchy fingers
- beware of internal conflict and doubt
- beware of ur self
- ya eagerness shall be punished , ur patience is key while ur execution & timing must be precise wt boldness
- if the heat is too much to bear , geeerrooout oof eeerrr mennn ..


lollx
#randomRamblings #NoteToSelf

Dis:
hv opened one 18yrs , cant come and kee myself
havASuuper Weekend People
#TGIF

Nice one! Like the bolded

Mpeace:
Transcorp board meeting to approve q2 result held yesterday. When will the result show up?
Expecting UCAP result today.

UCAP released Q2 result on July 12 last year. So today is in order.

Agbalowomeri:
Next week will be clearer

From the market pattern in the last 3 weeks, we will likely see a bull around release of half year results (which is from July ending)

OR

If the index falls close to 36k

Whichever happens first.

The market is currently trading sideways with bearish bias, but not real bear.

I'm just speculating o

Chibuking81:
If you sell at #24 and keep the money to buy at @ #13/#14 before/during election period, you will get almost times two of your present holding.

If you fail to sell now, you will still have yourself to blame when the price get to #18, you will regret of not selling at #24, from there to #14.

It depends on his assumptions:

If he believes that there is no more bull this year, he can sell now and walk away with loss.

But if he thinks there may be bull around half year result, he can wait till that time before selling. He may sell today at 24 now only to see it trading at 28 in 2 weeks time.

If he has alternative cash to pickup bargains later this year, he may not even need to sell at loss at all, because Zenith will still sell above 30 next year. Just my thought, I may be wrong.

It all depends on his investment strategy.

locodemy:
23.95.Me and yayira don finish for this our papa company.

I'm still here too. There's no point selling.

Just prepare new funds for bonanza shopping later this year, to make a big kill next year.

These are tough times.....when PATIENCE is King

Market is dull o

Ugosample:
I don't think zenith will fall that low tho

I just bought some for 25 naira and something within me is telling me that I have made a mistake

Yes, it may not, I'm just following my instinct and sticking to my plan.

The only positive momentum in view right now is expectation of Q2 results. After that it's going to be very bearish, unless there's some new positive development that is sufficient enough to move the market (even budget signing couldn't).

Mind you, we're not seeing any bear yet.

Mcy56:
Chai! You people no go woundjure Loco finish for this market with this ur low prices.

It's better to PLAN with REALITY than HOPING on OPTIMISM

Agbalowomeri:
Oga which brand you dey drink? because this next week and clearer picture that has been shifting since forever, ko ye mi mo oooooo

#ScienceStudent

Lol