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Nigerian Stock Exchange Market Pick Alerts - Investment (6441) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Teeonly: 1:50pm On Jul 29, 2021

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:50pm On Jul 29, 2021
yMcy56:

This is nice coming from you.
Well said.
One of the reasons I asked Mega his junction, cos I know for one side of his mind, the next Oando bus will not pass him by. grin

Even if Oando or any other stock is pulling back now, the fact remains that some people made something from it. No need for jealousy. Your own, my own time too go come. grin

Oando never finish.......another round is coming. tongue
I'm in for the money anyways... I'm still studying the OANDO situation... I finally got in at 4.77 and 4.80 respectively... It's a gamble that I'm willing to LOSSgrin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Teeonly: 1:54pm On Jul 29, 2021

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:01pm On Jul 29, 2021
UACN want to do full offer
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 2:15pm On Jul 29, 2021
Mpeace:
Where did you see this 30th June date? Sir its not yet indicated

It is in the abridged version of the financials.
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 2:21pm On Jul 29, 2021
locodemy:


Don't be too sentimental in oando.
You are a newbie in that stock.
The stock really dealt with top ogas you are seeing here.
If you bought at 3.00,you can bail out at 75% profit now and wait for another bargain junction that will come up.Another rally will come upon the release of accumulated results

Loco, if your monica is not hacked, then calling me a newbie on Oando is a huge misspeak we will discuss on later when there's chance.

Oando is a stock of such hyper-sentimental interest it's hard to imagine there's anybody with considerable experience on this thread who has not been in and out of it not once but several times.
And it goes back to the days of our ConocoPhillips Deal vigils around OANDO, unto this day .

I know Oando has scary debt, incurred from the ConocoPhillips Assets Acquisition.
I know it has scary management, with scary governance question marks.

But you people are now doing cancel culture or censorship on Oando, like trying to silence the mere mention of the stock because fingers have been burnt, forgetting fingers that have been oiled too.

Anyway, I posted information relevant to a stock traded on the NSE.
Some people have forgotten what this place is meant for.
When such info is posted, it does not mean 'Go and buy'.
What it means is, 'for your information' or 'for you to be aware' or 'to whoever is interested' etc. Anybody waiting to hear 'go and buy' is not fit to be trading.
He should hand over his money to an asset manager.

Albeit recommendation can also work sometimes, but here is not an investing nursery school as far as I'm concerned.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 2:30pm On Jul 29, 2021
bigjay01:


Death cross on short timeframe? Why not use 50/200 instead of 10/50? If you have to use STF, why not 21/50?
I believe 10/50 will pick up a lot of noise.

I no sabi TA ooo

Obviously you do sabi TA. We are all learning and sometimes have different understanding. My understanding of the Death Cross is just that it is a situation where a faster moving (shorter duration) MA crosses below a slower moving (longer duration) one. The actual duration are not fixed but depend on the objective being pursued. Generally longterm value investors use longer duration MAs while "short term" traders use shorter duration MAs. In all cases one has to try various duration combinations and back test them to see if they adequately predict what they are interested in. In my case I use 50 day and 10, 15 or 20 day combinations, or 100 day and 10, 15 or 20 day combinations depending on the stock and whether or not the MA lines do act as support and resistance lines and their crosses do predict short term price directions.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:40pm On Jul 29, 2021
megawealth01:
I'm in for the money anyways... I'm still studying the OANDO situation... I finally got in at 4.77 and 4.80 respectively... It's a gamble that I'm willing to LOSSgrin
I talk am. grin
I think it's okay at that junction, averaging down can be less tasking if needs be.
With other oil companies doing well, settlement with SEC, oil price @$74 and possibility of improved result, it may still do well.
Let's keep watching how it goes.....las las, all na risk taking too. smiley

In another news, market was generally down today.....with GTB, UACN and Oando taking the lead in massive sell off......
Good enough, ZENITH did not follow GTB to 'go down', we see how coming days looks like........E Ku market o.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:51pm On Jul 29, 2021
yMcy56:

I talk am. grin
I think it's okay at that junction, averaging down can be less tasking if needs be.
With other oil companies doing well, settlement with SEC, oil price @$74 and possibility of improved result, it may still do well.
Let's keep watching how it goes.....las las, all na risk taking too. smiley

In another news, market was generally down today.....with GTB, UACN and Oando taking the lead in massive sell off......
Good enough, ZENITH did not follow GTB to 'go down', we see how coming days looks like........E Ku market o.
Me na money I dey follow... I know OANDO is dangerous but grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:55pm On Jul 29, 2021
Heishere:


It is in the abridged version of the financials.
Are u sure? They only talked about value as at 30/06/2021. They never mentioned cut off date.

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:00pm On Jul 29, 2021
This BOCGAS I entered today with small money eh... I'm just taking risk with DANJUMA sha grin
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 4:00pm On Jul 29, 2021
Mpeace:
Are u sure? They only talked about value as at 30/06/2021. They never mentioned cut off date.

What is the difference pls?
Re: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 4:12pm On Jul 29, 2021
megawealth01:
I'm in for the money anyways... I'm still studying the OANDO situation... I finally got in at 4.77 and 4.80 respectively... It's a gamble that I'm willing to LOSSgrin

This is what is called FOMO (fear of missing out)
It is very very risky when you don't enter very early
Re: Nigerian Stock Exchange Market Pick Alerts by Teeonly: 5:43pm On Jul 29, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by Teeonly: 5:45pm On Jul 29, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 9:52pm On Jul 29, 2021
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Re: Nigerian Stock Exchange Market Pick Alerts by megamart247(m): 10:02pm On Jul 29, 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/33819_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_QUARTER_2_%20_.pdf
[/quote]

Somebody should interpret ths Transcorp results for us. cc Loco. OGG. CP and at all

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Teeonly: 10:46pm On Jul 29, 2021
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:00am On Jul 30, 2021
sonofElElyon:


This is what is called FOMO (fear of missing out)
It is very very risky when you don't enter very early
I'm not new to jijo and besides na risk wey I can afford to lose grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 12:32am On Jul 30, 2021
Updates:

$1 to Naira presently is N530/535
Zenith bank share still trading in the same price range since May while exchange rates skyrocketed. Time will tell. Time for people to hedge against what’s coming. May God heal our land. Peace
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:16am On Jul 30, 2021
Godisfaithful:
Updates:

$1 to Naira presently is N530/535
Zenith bank share still trading in the same price range since May while exchange rates skyrocketed. Time will tell. Time for people to hedge against what’s coming. May God heal our land. Peace
You are not current.Go check again
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:32am On Jul 30, 2021
megamart247:
https://doclib.ngxgroup.com/Financial_NewsDocs/33819_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_QUARTER_2_%20_.pdf


Somebody should interpret ths Transcorp results for us. cc Loco. OGG. CP and at all

I saw almost 1,000% jump in profit after tax.
I will still endure till market is fair to it.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:35am On Jul 30, 2021
megawealth01:
I'm not new to jijo and besides na risk wey I can afford to lose grin

Don't allow your joy to be taken away bro.
Too much trading without due diligence.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 8:37am On Jul 30, 2021
bigjay01:


It would appear our UACN is loaded with lots of hopium!
I have queued up all holdings for sale @10.7
No time to get wedded to any fancy stock

edit
sold off everything at market price (avg,10.15) couldn't wait for 10.7 ask. My avg. purchase price was 8.08

Better.

They're not serious. Sold mine N9 when I bought at N6 in 2019.
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 9:00am On Jul 30, 2021
megamart247:
https://doclib.ngxgroup.com/Financial_NewsDocs/33819_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_QUARTER_2_%20_.pdf


Somebody should interpret ths Transcorp results for us. cc Loco. OGG. CP and at all

Revenue up 52%, PAT up 735%.
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 9:07am On Jul 30, 2021
Godisfaithful:
Updates:

$1 to Naira presently is N530/535
Zenith bank share still trading in the same price range since May while exchange rates skyrocketed. Time will tell. Time for people to hedge against what’s coming. May God heal our land. Peace

Golden Advice....
Investment & portfolio diversification ....
To foreign stocks, Bonds. ETFs .....
is a wise move in this volatile period...

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:09am On Jul 30, 2021
locodemy:


Don't allow your joy to be taken away bro.
Too much trading without due diligence.
My joy can't be taken away
Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 9:28am On Jul 30, 2021
megawealth01:
My joy can't be taken away
...because your wealth is mega! cool
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:40am On Jul 30, 2021
seyisanya:
...because your wealth is mega! cool
Wealth unlimited
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 9:42am On Jul 30, 2021
Biafran4life:
You are not current.Go check again

Alright sir
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:05am On Jul 30, 2021
Transcorp at full bid 1.02.
Life na turn by turn.
My own turn has come.
No jealous me but wait for your own turn.
It will surely come
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:24am On Jul 30, 2021
locodemy:
Transcorp at full bid 1.02.
Life na turn by turn.
My own turn has come.
No jealous me but wait for your own turn.
It will surely come
Transcorp and OANDO are giving me Joy

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