₦airaland Forum

locodemy:
Good you observed.Next week dont use this pattern you are impacting in us now.
Those stocks you mentioned now are trying to respond to the bull calls but deep pocket guys are not yet through.

JUST OBSERVING LIKE YOU TOO.

DOLLARTEX:
tomorrow is the deal day Gtb vs oga inno.venue: appeal court Enugu,14 billion for the account oo.the challenge.

locodemy:
Tomorrow being the final work day will be better.Sellers will be more than buyers so I think below 26.55 is achievable.

locodemy:
Adding more at 26.80 will not be a bad idea.
My exposure at Upl was reduced to 70% two days ago.
Zenith was around 33 when i bought Upl at 2.05.

ZENITH WILL MAKE US PROUD AT DUE TIME.

locodemy:
Come o.Did Japaul enter full bid @36kobo after all we have just said?
Anyway,who know NSEMPA for NSE?

Mpeace:
In other news, Zenith seen at 26.95. TeamWaitingAtN20 hw market?

Mcy56:
Seems it's only japaul that waka come today.
Those in it should just be cautious, it's getting to its peak from 20k....... let it reverse so another loading opportunity can show up again

I'm been tempted to enter at that price 34k, but nay, I shall not be tempted to enter high

Mcy56:
Both Ucap and Afriprud.

yok:
MSCI MOVEMENT FOR 12 JUNE 2018

The fund maintained a clean state yesterday.

However, I observed an interesting thing in the market, some equities are showing good volume/upward movement in prices which is an indicator that some Institutional investors are sneaking into the market. Example of a stock that is about to get to a new height is Ikeja Hotels (close above 2.75 will be a good buy), the volume is good and in terms of fundamentals there are some positives for this stock, I will continue on this in my next post.

Fund movement http://portfolios.morningstar.com/fund/holdings?t=NGE, compare with figure for yok’s post https://www.nairaland.com/yok/posts. This shows we are still on track.

With the weekly NAV being positive and the monthly NAV negative figure below 10%, the risk in the market is still worth taking.

Using the fund’s portfolio as a guide, “green” mean buying while “red” is selling.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

N:B

Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who is doubting the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

Mcy56:
Well said!
Lol @ the bolded. Chai! This oga too go sabi throw stone wella

Mcy56:
Chai! Not only the market but also the forum
Peter inclusive. Guess you are the one with the cap

Agbalowomeri:
Oga where your glasses well o; this kind handle lol! No be like this my cup be for house

This one looks more like a reclining barber's chair

PETERiCHY:
The way NSEMPA now sneak in and out of the MARKET

*ThE OcToPuS*

Yayira:
Zenith Zenith Zenith
Is Zenith the only stock on NSE ?
Or is it the only stock that did well both in q4 and q1 ?
Nawah! This stock don carry too many passengers (including the faint of heart) that is why it has refused to bounce back since mark-down.
Please don’t wait for Zenith @20 go and wait for SEPLAT @500 or GTB at @30

onegentleguy:
So u are not seeing any select few coys that are currently playing out that part in bold ?
Its alright. ...as long as ur playing out ur investment plan/style.

Cheers.

onegentleguy:
My dear so u still can't see that the market is already BULLISH !!
I think the problem is with the fact that most of us are holding up to the uncut and funny belief that the market must move at the pace it did in January before ever we can say or infer that there is truly a BULL in our mist.
This was how it started in December 2017. ...and while some were busy cherry picking from select good coys, others were either busy 'singing bear songs' or engulfed by the many extraneous noise. ...until the January pace-up came.
The market is riding up now (albeit gradually), the underlying fundamentals are very much healthy and yet some are seen it as a ride down or maybe a fake bull.

DIAMOND has gone from less N1.20 to N1.68
FIDELITY has gone from N1.75 to near N2.45
FCMB has gone from less N1.90 to near N2.50
OUR TRANSCORP has gone from N1.15 to over N1.51
ZENITH has gone from less N24 to N28
C&I LEASING has gone from N1.31 to over N1.70
DANGOTE SUGAR has gone from N16.70 to over N20
...to mention just a few.
Yet some are not seen any BULL or even a REVERSAL. ...some are waiting for ZENITH at N3. ...apparently they aren't keeping an eye/tag on the index.
They will keep waiting while a few others are already making money. ...and by the time they'll rush in (probably when they believe they've seen their so-called real/January bull), the wise/smart fellows will now sell to them. ...then they'll begin to lament of buying too high. ...and the circle continues !!

My Sincere advise is; do ur homework well and BUY once it's at a price that presents a good margin of safety from FAIR VALUE and is also in line with ur strategy and goal.
Stop waiting for a January bull.
...and less I forget, I also think it will do some folks a lot of good to study the behaviour of the index and and how the various sectors particularly the NSE 30, BANKING, PENSION and PREMIUM align with/influence that behaviour.

...just a sincere piece of advice.

Regards.

Mcy56:
You see cornwall! I was right! Intuition well displayed here.

Mcy56:
Oh really! You must be old in this NSE game then.

cornwall:
we are expecting a continuation of last week's bull this week

Mcy56:
Mufty, oh sorry musty, what's your previous/other moniker, you sounded more of 'old wine' here (like that newbie called you ogas)

Agbalowomeri:
Market is forward looking; expecting Q2 to be factored in before June ending

locodemy:
Did the index loose yesterday?
Bull is dwelling in our midst.
Let this public holidays end first then we will see.

Agbalowomeri:
Una get hangover for here ni?

yok:
MSCI MOVEMENT FOR 11 JUNE 2018

This is an interesting time in the market. Still few buyers in the market which have kept most prices low.

Again, this is the season of buying at the support or better still demand point.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

Mcy56:
Chai! This market sure have a way of humbling people sha. See as everyone dey peep, read comments and go.

By the way, where is oga chibuking81? I hope all is well.

locodemy:
Make everybody wake up,market don start.

swilo:
We are Nigerians.

I am not sure he read the question...

Let alone reading his version of the answer.

Either way, sort his comments like beans...

musty00:
It appears this mini bull is over

Anyway till 2 pm sha.

Whichever way I made the best out of it