Musty00's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 3:55pm On May 31, 2018

When you open NSE website, and you click on "Top 5 Trades", and you see only Banks (including heavy weight banks with heavy volumes), and you look to the left and see -1.30%, you don't feel good sad

. Unless you're not in the market.

It seems the heavy weights (Dangote Cement, Guaranty, Zenith) are just about to start their own fall.

We need a magic tomorrow o, otherwise we have to wait a bit more for this bull.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 1:28pm On May 31, 2018

currentprice:
mkt currently trading @ -3.30%, index never lose that much before that yesterday shadow bull

chai! look like those rushing into the mkt yesterday got trap

cc chiboking

Market lost about 1% yesterday, and currently losing less than 1%

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 10:54am On May 31, 2018

Today's market is key. Let's see how it closes.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 10:04am On May 31, 2018

pluto09:
We have had election for about five times since the advent of this new democracy.
I think it will be better if you can help us post how the NSE behave in those other years preceding elections I.e 1998,2002,2006,&2010 so that we can make an educative and informed judgement.

Unfortunately, I don't have the data for these periods.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 9:56am On May 31, 2018

Calebbold:
In 2014, the depreciation in share price started during the 4th quarter.

We are still in the second quarter and I believe we can still make some money between now and august from fundamentally sound stocks.

Yes, we still have till July to make some money. I wish all my holdings will be in positive by that time, so that I can exit and be a spectator for a while.

Even between July and December, JIJO gurus will still make money, but I don't have the strength

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 9:50am On May 31, 2018

musty00:
Here's how some selected stocks were battered in 2014 before election. The highs and lows are closing prices. Most of the lows here were attained in December 2014.

Actually, there are two main reasons why I shared this information:

1. There were a couple of low points in 2014 when people thought the bears were done, particularly in October, people rushed in, there was a fake mini bull, only for the heavy down trend to continue. The final lows showed up in December, quite close to the elections. It's better to target entry towards this period. There's need to continue monitoring the trend though as different news unfold.

2. Note that heavy weights like Dangcem, Guaranty, Zenith, etc lost close to 40%. Just to point out that we have not seen any bears yet. It will probably start from August.

The only catalyst left this year is Q2 results. After that, we should expect bears/sideways. JIJO opportunities will be showing here and there. But if you have hip pain like Oracle and you cannot struggle at the exit door, it's better to stay clear. Everyone with his own strategy though.

Irrespective of what happens, I am not selling any of my stocks at a loss. I am ready to wait it out (Na my own strategy o).

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 10:55pm On May 30, 2018

Here's how some selected stocks were battered in 2014 before election. The highs and lows are closing prices. Most of the lows here were attained in December 2014.

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 9:33pm On May 30, 2018

mendes911:
Trying not to enjoy all the flesh off a well seasoned fish will save you the headache of swallowing those tiny pin bones.

If e hook for your throat, you go vomit join all the flesh already consumed trying to get that pin bone out!

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 7:04pm On May 30, 2018

This one was a global meltdown

rationalmind:
2008-2009

11 straight months of back to back losses.

The index went down from a peak of 65000 levels to a low of 21000 levels representing a 209% decrease; the worst being Dec '08-Jan 09 when the index lost 47% in one month. Chai

May we never experience that kind of portfolio erosion ever again.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 6:59pm On May 30, 2018

Even if the months closed negative, it doesn't mean there were no small small bulls at all in between.

In 2014, the index closed green for 6 consecutive days from November 10 - 17, then 7 consecutive days from December 18 - 30

BullBearMkt:
...it has happened before - July 2014 to January 2015 (7 months) all red & during great depression 2008 - 2009

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 4:39pm On May 30, 2018

The strategy to use now depends on the source of the money one has tied down in the market (for those of us trapped in the market)

If you're playing with a loan, or your personal funds that you cannot tie down in the market for a while, you'll definitely be looking to bail out at any opportunity that presents itself, even at some loss, before the grand papa of bears come later in the year.

For me, after learning my lessons, I only put money that I can tie down in the market. If I get an opportunity to sell my stocks without any loss, before the election bears, I will. Otherwise, I'm not selling. I'd rather bring in fresh funds when the time is right, to join the mattress gang.

History will still repeat itself, by bringing the prices of fundamentally sound stocks back to where they belong after elections (8 months from now).

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 4:14pm On May 30, 2018

Index shouldn't have been that bad today if not for Dangote Cement.

Agbalowomeri:
But index still lost 1% today

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 4:11pm On May 30, 2018

This is no bull yet. Today is just a slow down of the bears. Tomorrow will tell.

aremso:
house, is the bull sustained? following up in the morning but been seriously busy.....

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 4:08pm On May 30, 2018

Also waiting for Zenith around this junction. Playing the same strategy here. I've chopped the dividend. I need to average down and bail out before election bears. But I won't sell at a loss. If need be, na carry over till february.

locodemy:
As it is now,I want zenith at 20 so I can average down to sell all at 25 if the bull trap comes again.

WHAT TO EXPECT IS BULL TRAP NO MORE BULL.BULL IS ONLY WHEN YOU ARE MAKING PROFIT NOT WHEN YOU ARE RECOVERING.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 8:26pm On May 26, 2018

There will definitely be bulls here and there before election.

In 2014, build up to the 2015 elections, between May and December, there were 3 mini bulls.

The major devastating bears in 2014 took charge between October 2 - December 17. There was even a bull from December 18 - December 30.

If we witness 3 consecutive bear next week (with index losing 400 points like friday - excluding dangcem), bull may surface. It's just the Tuesday public holiday that may distort the flow.

If the bears slow down early next week, we might just be seeing sideways trading until around Q2 before the bull will show.

Just my opinion, not a buy or sell recommendation.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 4:44pm On May 25, 2018

You're absolutely right! With the election uncertainties that will unfold.

I believe there may still be a mini bull before half year results. But I think interim dividend paying stocks will be majorly favoured. This mini bull might just present the final opportunity for those who want to bail out before the main bear comes.

However, if many stocks start to lose 10% daily next week, this bull might come sooner than expected.

Just my opinion....

Agbalowomeri:
You will still get 15-20% year end

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 4:30pm On May 25, 2018

As the bears are hammering, some attractive dividend yields will start to show. Just observing....

These caught my eyes as at today's close:

ucap - 11.67%
dangsugar - 10.61%
zenith - 10.13%
afriprud - 10.00%

This will only interest dividend hunters/long termers though

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 4:12pm On May 25, 2018

Thanks for the update.

hyness:
Got my alerts since afternoon. It will come for sure if e-dividend is activated.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 4:04pm On May 25, 2018

I tire o. I never hear anybody say "fidelity just land" since morning. I think say na the bear make people forget dividend. Abi no be today be payment day? At least we go chop the tasere dividend as consolation.

Double wahala.
some buy because of dividend and now they no see.
some buy just for capital appreciation,reverse is now the case.[/quote]

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 3:46pm On May 25, 2018

House, I salute! Anybody received Fidelity dividend yet?

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