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Nigerian Stock Exchange Market Pick Alerts - Investment (7024) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 12:35pm On Jun 02, 2023
If your motivational speakers tell u afriprud will do N15, finger crossed!
Re: Nigerian Stock Exchange Market Pick Alerts by seemples(f): 12:36pm On Jun 02, 2023
emmanuelewumi:



That guy Sha


He is not Crypto, MBA forex now stocks. Anything that can give easy money in quote

His mission be say " I must hammer"

YoungBuffet is a very old member here disguising. You'll be dismayed when you find out who's behind the moniker.
Re: Nigerian Stock Exchange Market Pick Alerts by otokx(m): 12:36pm On Jun 02, 2023
It appears we are in a matter of time season.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 12:37pm On Jun 02, 2023
Harvestock01:


Dont you think that it going to 90 is also a matter of time? Everything is a matter of time.

It will pass $120 sef but not now, my indicators not saying now. It will tank first.
Re: Nigerian Stock Exchange Market Pick Alerts by reucom: 12:45pm On Jun 02, 2023
Good people of this thread I greet you all.

What is happening with First bank and 2023 dividends please?
This is June 2 and we have not heard anything from First bank.
This is worrying cos it is looking like they are having some serious issues.
I'll appreciate your input about this. Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Mills55: 12:47pm On Jun 02, 2023
reucom:
Good people of this thread I greet you all.

What is happening with First bank and 2023 dividends please?
This is June 2 and we have not heard anything from First bank.
This is worrying cos it is looking like they are having some serious issues.
I'll appreciate your input about this. Thanks

Go back and read. First bank result is out, 50 kobo dividend.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:04pm On Jun 02, 2023
UBA Market Structure Demonstrates Promising Prospects for Investors

The prevailing structure of the UBA market exudes robust bullish tendencies. As evident on the monthly chart, the price trend is consistently making higher-highs and higher-lows. The 8.65 level has established itself as a strong level, historically acting as a formidable resistance level and on a one occasion, as a support level.

After the high in January 2018, there has been a price retracement, and all subsequent five or more attempts to rally beyond 8.65 have invariably faced substantial resistance, consequently driving the price beneath this level. However, a shift was observed in the preceding month of May 2023, when UBA's price not only breached this persistent level but also managed to close at a higher-high - an event not witnessed in the past five years!

In light of the recent price pullback mirroring the pattern from July 2017, the key question arises: Is UBA's share price primed for a vigorous rally, either with price resistance at 8.65 or a deeper correction to below 7.75? cool

PLAN YOUR TRADES AND TRADE YOUR PLANS
grin grin grin grin grin

7 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:04pm On Jun 02, 2023
Mills55:
Go back and read. First bank result is out, 50 kobo dividend.
Lol. grin
When I said some people don't read, it looks like exaggeration and some are ready to abuse. grin
Imagine fresh topic in discussion and someone still asking about it.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:09pm On Jun 02, 2023
Oga @BullBearMrk
Pls help to check what AIRTEL chart is saying ....
It didn't join the recent bull.
Thanks sir.

As for UBA and ACCESS, their case tire person.
Imagine volumes upon volumes, yet prices moving around in circles.....
If not for those bullion van guys, we don't know what would have happened by.now...but thanks for those charts.... smiley

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:17pm On Jun 02, 2023
yMcy56:
Oga @BullBearMrk
Pls help to check what AIRTEL chart is saying ....
It didn't join the recent bull.
Thanks sir.

As for UBA and ACCESS, their case tire person.
Imagine volumes upon volumes, yet prices moving around in circles.....
If not for those bullion van guys, we don't know what would have happened by.now...but thanks for those charts.... smiley
I categorized them under valued stocks. Not for JIJO! Will check AIRTEL chart...
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:19pm On Jun 02, 2023
kolaish:
Total is not moving correspondingly based on the volume available to move it up. But it is just a matter of time, it will eventually go up.

Disclosure. Yours truly has Total, Eterna and Oando in portfolio. This corruption will not leave me behind.
We don't know the forces/factors holding Total down, it has been struggling for a long time despite the good results and positive news.
Even during the SEPLAT time, it refused to shake body.
Wonder what the likely issue is......but if my ogas said it's a matter of time, then we keep hoping.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:20pm On Jun 02, 2023
BullBearMkt:

I categorized them under valued stocks. Not for JIJO! Will check AIRTEL chart...
grin grin grin grin grin
Chai boss!! See uppercut! shocked
Its okay o.
Thanks for the clarification sir.
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:22pm On Jun 02, 2023
yMcy56:

Chai boss!! See uppercut! shocked
Its okay o.
Thanks for the clarification sir.
Oh no! I didn't mean it that way my dearest sis. cheesy
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:36pm On Jun 02, 2023
yMcy56:
Oga @BullBearMrk
Pls help to check what AIRTEL chart is saying ....
It didn't join the recent bull.
Thanks sir.

As for UBA and ACCESS, their case tire person.
Imagine volumes upon volumes, yet prices moving around in circles.....
If not for those bullion van guys, we don't know what would have happened by.now...but thanks for those charts.... smiley
For AIRTEL, there will be some "IF's" wink

1. IF June ends below 1272, then price is likely going further down. But as the market is dynamic, price might create a "dummy" rally (as the tick line indicate) towards 1700, thereby forming a double top before the final fall.

2. IF June ends above 1272, then, that will indicate that AIRTEL decline will be around the current price and it will be looking for new support level.

At the moment, the coast is not clear yet, but long term investors should be happy to continue to accumulate especially if price "mistakenly" touch 930.
grin grin grin grin grin

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 1:37pm On Jun 02, 2023
BullBearMkt:
UBA Market Structure Demonstrates Promising Prospects for Investors

The prevailing structure of the UBA market exudes robust bullish tendencies. As evident on the monthly chart, the price trend is consistently making higher-highs and higher-lows. The 8.65 level has established itself as a strong level, historically acting as a formidable resistance level and on a one occasion, as a support level.

After the high in January 2018, there has been a price retracement, and all subsequent five or more attempts to rally beyond 8.65 have invariably faced substantial resistance, consequently driving the price beneath this level. However, a shift was observed in the preceding month of May 2023, when UBA's price not only breached this persistent level but also managed to close at a higher-high - an event not witnessed in the past five years!

In light of the recent price pullback mirroring the pattern from July 2017, the key question arises: Is UBA's share price primed for a vigorous rally, either with price resistance at 8.65 or a deeper correction to below 7.75? cool

PLAN YOUR TRADES AND TRADE YOUR PLANS
grin grin grin grin grin

Much appreciated.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 1:45pm On Jun 02, 2023
yMcy56:

Lol. See defence mechanism at work.... grin

That moniker can't be Oga Oracle!!
What will make him to descend sooo low like that? To prove what? shocked

It will likely be that MBA Forex guy, son of Buffets.... grin
He's just trying hard to prove he was right but the more he tries, the more he expose himself not to know much about this market....wonder what his mission is....🤔🤔
Madam, oil dey ur head cool. Nothing else to add!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:57pm On Jun 02, 2023
BullBearMkt:
Oh no! I didn't mean it that way my dearest sis. cheesy
grin grin grin grin grin
Lol. Just joking boss. grin
I know you can't do that. Well done sir.

Thanks for the AIRTEL tips sir.

* Thanks @thesilentone

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 2:04pm On Jun 02, 2023
I will add that there is a clear divergence on the weekly chart.

Price appears to be heading north.

BullBearMkt:

For AIRTEL, there will be some "IF's" wink

1. IF June ends below 1272, then price is likely going further down. But as the market is dynamic, price might create a "dummy" rally (as the tick line indicate) towards 1700, thereby forming a double top before the final fall.

2. IF June ends above 1272, then, that will indicate that AIRTEL decline will be around the current price and it will be looking for new support level.

At the moment, the coast is not clear yet, but long term investors should be happy to continue to accumulate especially if price "mistakenly" touch 930.
grin grin grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:04pm On Jun 02, 2023
FBNH:
Several Bullion Vans on ground today.....
The billionaires be like: Shebi you wan dump am because of 50kobo? We full ground for you today. grin


BTW, you all are mentioning Oil & Gas stocks, is JAPAUL not also in Oil & Gas?
Why did you deliberately omit it out? grin
@Locodemy you dey see so?

STANBIC officially moved up with +10% ......now @44!
UACN @10.....
PZ Up.......what's driving this PZ self? Sighted @18.40..

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 2:14pm On Jun 02, 2023
For some reason, I read this in Yoruba in my head as 'Se leya were ni?'
grin grin grin

yMcy56:
FBNH:
Several Bullion Vans on ground today.....
The billionaires be like: Shebi you wan dump am because of 50kobo? We full ground for you today. grin


BTW, you all are mentioning Oil & Gas stocks, is JAPAUL not also in Oil & Gas?
Why did you deliberately omit it out? grin
@Locodemy you dey see so?

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:22pm On Jun 02, 2023
thesilentone:
For some reason, I read this in Yoruba in my head as 'Se leya were ni?'
grin grin grin
Lol. grin
Shebi you said you Sabi dump because of the small something we throw at you ni?
Una go meet your match today... grin

Q1 2023 is out...
Elephant na your mate? Just bring it on, we ready for you. grin
https://doclib.ngxgroup.com/Financial_NewsDocs/38634_FBN_HOLDINGS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JUNE_2023.pdf

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:31pm On Jun 02, 2023
[/b]
yMcy56:
FBNH:
Several Bullion Vans on ground today.....
The billionaires be like: Shebi you wan dump am because of 50kobo? We full ground for you today. grin


[b]BTW, you all are mentioning Oil & Gas stocks, is JAPAUL not also in Oil & Gas?
Why did you deliberately omit it out? grin
@Locodemy you dey see so?


STANBIC officially moved up with +10% ......now @44!
UACN @10.....
PZ Up.......what's driving this PZ self? Sighted @18.40..

I sold out 5m units this afternoon as a result of fear only to see it up again.Anyway I still have almost triple of the quantity I sold.

I no longer trust the market.The way Tinubu started his administration is painful.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:36pm On Jun 02, 2023
@ Mercy, is Japaul Gold still in oil and Gas?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:41pm On Jun 02, 2023
locodemy:
[b][/b]I sold out 5m units this afternoon as a result of fear only to see it up again.Anyway I still have almost triple of the quantity I sold.

I no longer trust the market.The way Tinubu started his administration is painful.
He was too anxious to jump into work, knowing how red dem cabals have painted the ground.
....but he meant well from the look of things.
Things has been so bad that Nigerians can't avoid these initial pains, but gradually, it will be easing off hopefully. We should just be supporting him with prayers.
At least things are looking up, he's well grounded/knowledgeable in the areas of àdministration, economics, finance and accounting.
There's hope for the market. We pray God use him to right many wrongs.
- My outlook of things so far.

3 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:50pm On Jun 02, 2023
ositadima1:


Ok, are his predictions correct? If so, let me sharply pull out my small millions. grin grin grin
No one is right or wrong when it has to do with this business. It is only Mr Time that decides that in future.
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:50pm On Jun 02, 2023
For those waiting on further bullish action. I suspect FPI's have taken a pause to get clarity on exchange rates especially those that currently have FX and not naira to deploy to the market at this moment. Seems LPI's have deployed their funds already or taking a pause too, assessing stuff.

This pause may be a good time to do dd and do some further picks if one has spare funds.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:50pm On Jun 02, 2023
@Locodemy
I edited my post here on JAPAUL.
I don't have strength for argument with those who might label it as MH.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:58pm On Jun 02, 2023
yMcy56:

JAPAUL is still in Oil and Gas na.
It's not been fully involved in the mining area I think.
It's JAPAUL Gold & Ventures......and the dredging activities has mainly been contributing to the profitability of the coy.
Don't we think they'll also benefit either directly or indirectly from the Oil and Gas windfall?
I think the main issue identified with JP is management issue.
Pls more opinions also needed.

Q1 below...

I didn't see any income from oil and gas.
Maybe the offshore business and renting of vessels will favour them now.
Pls dig more of this and post.selling pressure is on me now if things are not in place.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:01pm On Jun 02, 2023
yMcy56:

He was too anxious to jump into work, knowing how red dem cabals have painted the ground.
....but he meant well from the look of things.
Things has been so bad that Nigerians can't avoid these initial pains, but gradually, it will be easing off hopefully. We should just be supporting him with prayers.
At least things are looking up, he's well grounded in the areas of àdministration, economics, finance and accounting.
There's hope for the market. We pray God use him to right many wrongs.
- My outlook of things so far.

You forgot to add corruption in the grounded matter, lol

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 3:02pm On Jun 02, 2023
On oil priced in $s, I think prices will remain flat or trend up in $s as long as there are no new step changes in alternatives for powering automobiles. Like the Sodium battery being developed by a Chinese firm succeeding in upstaging Lithium batteries with far cheaper prices coupled with other source of power breakthroughs outside fossil fuels.

Sodium shares some similarities with its brother Lithium in the period table. And is more abundant but currently delivers lower power rates, but the Chinese firm is researching aggressively and has reached a stage that its $10,000 EV cars have already started selling. And it's still not relenting in research.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 3:09pm On Jun 02, 2023
locodemy:
I didn't see any income from oil and gas.
Maybe the offshore business and renting of vessels will favour them now.
Pls dig more of this and post.selling pressure is on me now if things are not in place.
From time, I don't think JAPAUL has been involved directly in oil business but renders services to oil coys or so.
The dredging biz has been the major source of income together with offshore services.
Needs to update myself on its operations again. smiley
Will try and check.....you too can check.

** Sometimes ago, there was hope for the gold mining but we didn't hear anything thereafter again....
Buhari Govt wasn't serious at all. Doesn't take them anything to take the Gold mining serious but they prefer to steal what's already on ground and allow the Chinese to mine the mineral resources and carry the funds/proceeds away to develop their country.
Lol.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:20pm On Jun 02, 2023
Streetinvestor2:
No one is right or wrong when it has to do with this business. It is only Mr Time that decides that in future.

You did not answer my question, sir. I place a weight on every piece of information, so your answer can help me adjust the weightage I have assigned. grin grin grin

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