₦airaland Forum

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Blood on the streets of the NSE

Ekuu Mkt o

fasten you na seatbelts well o, technically NSEindex still have far way down to go... may see little positive reaction at 47k but real destination is around 41k on my technical bedsheet opinion

some individual stock look nearly there and may slowly move down to their zone awaiting Q3 result for further reaction.
individual stock at the destination may stabilise waiting for NSEindex to reach it destination for general bull to commence. so dont expect bullish mkt soon

Meaning GT Bank Plc is always maintaining their depositor funds, without CBN intervention..

beejay1:
https://nairametrics.com/2022/10/04/cbn-debits-15-nigerian-banks-n838-8-billion-as-crr-deductions/

Backpedal:
I'm just here wondering what the fate of Caverton will be

Looks like it is going to lay in d (#1 to #2) region for sometime, can even go as far as #0.5. Based on a simple Closing price distribution by number of days .

Boss, Could u pls refer me to any NL foreign investment forum .

currentprice:
Ekuu Mkt o

fasten you na seatbelts well o, technically NSEindex still have far way down to go... may see little positive reaction at 47k but real destination is around 41k on my technical bedsheet opinion

some individual stock look nearly there and may slowly move down to their zone awaiting Q3 result for further reaction.
individual stock at the destination may stabilise waiting for NSEindex to reach it destination for general bull to commence. so dont expect bullish mkt soon

_{^{last post Tip on forex was Aud/Usd shorting, and it pay off Thank God. now let go for BUY on EUR/GBP on long time}}

GEREGU POWER PLANT
Listed today @N100 with "GEREGU" as the symbol (Coy Ticker).......
Jijoist food...

Brings back bad memories of AP PLC, Forte Oil......Hope the owners get it right this time, and not make investors lose money again.
I remember AP PLC shares back in the days going for 250 naira/share. Same owners, different companies

yMcy56:
GEREGU POWER PLANT
Listed today @N100 with "GEREGU" as the symbol (Coy Ticker).......
Jijoist food...

can someone post GEREGU POWER PLANT available financial statement pls.

cc ymcy

beejay1:
Brings back bad memories of AP PLC, Forte Oil......Hope the owners get it right this time, and not make investors lose money again.
I remember AP PLC shares back in the days going for 250 naira/share. Same owners, different companies

Whosoever wants to dine with these big boys will have a long spoon and be very smart.

GEREGU currently on full bid @N110.....

Risk takers will join them to chop...... See the pot belly supporter's group with 2M, 3M single bids.....
Maybe they're partly responsible for depressing the market self.....who knows..

yMcy56:
GEREGU POWER PLANT
Listed today @N100 with "GEREGU" as the symbol (Coy Ticker).......
Jijoist food...

I am not seeing it listed on my stockbroker's p!atform

sterlingD:
I am not seeing it listed on my stockbroker's p!atform

It's directly below FTN Cocoa

I remember when Otedola moved African Petroleum share price (Later Forte oil) from N5 to N350. I foresee similar magic with Geregu. And Geregu has raised money to buy a second power plant. BPE should conclude the deal before the end of this year and when that happens there will be justification for the stock to rally insanely. Prepare to see Geregu at N2,000+ like Nestle. OteMoney does not play

Lion123:
I remember when Otedola moved African Petroleum share price (Later Forte oil) from N5 to N350. I foresee similar magic with Geregu. And Geregu has raised money to buy a second power plant. BPE should conclude the deal before the end of this year and when that happens there will be justification for the stock to rally insanely. Prepare to see Geregu at N2,000+ like Nestle. OteMoney does not play

Please what's the major difference in terms of capacity between the power plant run at Geregu and the one run at Transcorp. I wan see justification for this 100+ naira opening price.

yMcy56:
It's directly below FTN Cocoa

Well maybe my stockbroker is not ye to update it,its not showing there

Modified:
I can see it now @N110

Warren Buffett — 'If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.'

GEREGU

100 NGN opening price kwa. Geregu. Why? What's so special about it. I'm yet to find any financials on it.

"You get recession, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets."

– Peter Lynch

Good morning bosses

Se alaafia ni ewa.

Please, what is the best rate I can negotiate for my fixed deposit?

Thank you.

This GT case, na siddon look levels we dey now....

Given dat USA is d world largest producer of crude oil. Do you still think that USA will be d loser at the end of dis inflation period?

Some people here think USA will print itself to oblivion, I laugh in your face.

You think that putting together a few charts and stats makes you an Authority on the subject, or that speculating on secondary sources of information makes you far more knowledgeable than the people who have almost unlimited resouces and access primary info by d minute. I laugh again.

My prediction? USA and d West will come out far better than the rest of d world!

Bro you can pass your message without making snide remarks at other people now.

We are all here to share information and learn, no need for insults

ositadima1:
Given dat USA is d world largest producer of crude oil. Do you still think that USA will be d loser at the end of dis inflation period?

Some people here think USA will print itself to oblivion, I laugh in your face.

You think that putting together a few charts and stats makes you an Authority on the subject, or that speculating on secondary sources of information makes you far more knowledgeable than the people who have almost unlimited resouces and access primary info by d minute. I laugh again.

My prediction? USA and d West will come out far better than the rest of d world!

With no intention to insult you, What does this have to do with the Nigerian Stock Exchange or nigerian stocks?
Your post is offtopic this thread.

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Dum20:
Bro you can pass your message without making snide remarks at other people now.

We are all here to share information and learn, no need for insults

Some people feel hate for other people's analysis. That tell you what goes on in their heads.

Imagine staying rent free in other people's heads.

What is responsible for the rise in NEM insurance share price?

[quote author=yMcy56 post=117317038]This GT case, na siddon look levels we dey now....


yes o sis ..maybe i'm go rest 14

Wapgod:
With no intention to insult you, What does this have to do with the Nigerian Stock Exchange or nigerian stocks?
Your post is offtopic this thread.

It is called unbridled hate. Post your analysis, you won't post. Yet they attack other well-meaning Nigerians' analysis with hate.

Wapgod:
With no intention to insult you, What does this have to do with the Nigerian Stock Exchange or nigerian stocks?
Your post is offtopic this thread.

Sorry, wrong thread

Watch $NGE (Global X MSCI Nigeria ETF). This tracks NSE.

Last month it did a double bottom at 7.80. Last time it tested this low was in April 2020 at 7.86.

Once there is a buying frenzy, suspect that something is occurring. It could be fast.