ositadima1:
Holding certain stocks that one likes can affect one's rational thinking, especially when one receives regular dividends from them.

For example, I bought 85,000 units of Zenith Bank at 22 naira and held onto them for a while, and the price went up to 30 naira. With a system to detect when a stock is overbought or ripe for a correction, the smart thing to do would be to sell and buy back later after the correction. Just selling at 30 naira and buying back at 27 naira, would have increased the holding from 85,000 units to 92,500 units without adding any new money.

Someone like me, who has developed cavities from the sweetness of dividends, would be happy to receive even more dividends in return.

The point is that holding a stock indefinitely may not be the best strategy, especially if one can spot a correction coming.

But the dividend yield is reduced. Unless the company increases their dividend, na broker gain for this scenario. Even the increase in dividend would have to be significant otherwise you will probably earn the same as before or less.

ojesymsym:
This strategy is like a trap, you can find yourself locked out. There are a number of times I have tempted to sell my Zenith shares but the fear of being locked out has always hampered me.

If the price falls, i will borrow against my shares to increase my holdings if i still believe in the stock and use my cash flow or capital appreciation if it happens to service and liquidate the loan

Heishere:


But the dividend yield is reduced. Unless the company increases their dividend, na broker gain for this scenario. Even the increase in dividend would have to be significant otherwise you will probably earn the same as before or less.

Why are dividends reduced? Dividends are paid per share, so if you increase the number of shares you own, you will automatically receive more dividends. Just think about it.

We should also sometimes be generous and allow others to eat. If we are eating very well, there is no need to be concerned about others eating from our labor.

ojesymsym:
This strategy is like a trap, you can find yourself locked out. There are a number of times I have tempted to sell my Zenith shares but the fear of being locked out has always hampered me.

There is no trap. Check the Zenith Bank chart and see for yourself that it has gone high and fallen quite hard multiple times over the course of a few years. There are also stocks that have continued to move up without falling considerably, like UCAP.

So, you have to have a good understanding of stocks, timing and their usual behavior.

Good evening Sirs Ositadima and BullbearMkt
Please I need TA analysis and graph of SterlingNG.
Appreciate your feedback

Good evening. Here's a rundown of what took place in the Nigerian stock market last week and what to expect this week.

https://twitter.com/quansimodo/status/1670480653681324034?t=F1tuvKtLXNqeKt1oq0x2_g&s=19

Hello,

Please what's your take as regards Afripud

eziokwunwoko:
Good evening Sirs Ositadima and BullbearMkt
Please I need TA analysis and graph of SterlingNG.
Appreciate your feedback

As requested...
let me know if you need further info

seunfash16:
Hello,

Please what's your take as regards Afripud

@seunfash16, from the technical point of view, Afripud is outlook is good with a HIGH Risk:Reward. There are sellers above 7 and the stock already making a "Head-n-Shoulders" pattern. The pattern may fail with the ongoing bullish sentiments on NSE. You'll need to calc your risk. Also, check the FA data if it's ok.

Thankyou @ BullBearMkt.

BullBearMkt:

@seunfash16, from the technical point of view, Afripud is outlook is good with a HIGH Risk:Reward. There are sellers above 7 and the stock already making a "Head-n-Shoulders" pattern. The pattern may fail with the ongoing bullish sentiments on NSE. You'll need to calc your risk. Also, check the FA data if it's ok.

CBN removes saving, withdrawal limits on domiciliary accounts

https://punchng.com/cbn-removes-saving-withdrawal-limits-on-domiciliary-accounts/

Goodmorning Sir,
I am a layman.
Kindly interpret this result

BullBearMkt:

As requested...
let me know if you need further info

Bizibi:
never liked that bank ....the bank app na wahala!! I am still surprise they are still breathing.

Let the poor breath.
Don't suffocate them

Were is the corruption happening this week ooo 📣📣📣 Salah expenses don enter

This hike in electricity tariff. Hmm. I hope we are expecting 100k minimum wage, cuz the poor will suffocate oh. Streets are hard!



Reversal / accumulation week.

eziokwunwoko:
Goodmorning Sir,
I am a layman.
Kindly interpret this result

lol! My brother, everyone is learning everyday.

However, from the chart, you can deduce that:
-Sterling stock price is in a range market
-Recently (from 2017), price is moving strongly high
-Price touched the high @3.20 last week, before briefly coming down

Interpretation
-Sterling is good to buy with High Risk/Reward
-If price falls to 2.70 (or below), the better for good buy
-Based on previous rejection (fall) at 3.20, the stock price may not go above it
-Recent NSE bullish sentiments can cause Sterling Bank stock price to go above the 3.20
-IF the price closed above 3.20 by end of June ( ); it may continue to go higher (but not on straight line, you will have rise & fall in price)

That's is the best way I could possibly explain the chart for your understanding, but if you need further clarifications, feel free to let me know

Streetinvestor2:
You are too much and correct. It will go back to #5. As long as the right thing is being done by this government. And if possible by another government after the court case. The market is going north. Thr will be no generational low unless the world or naija goes into war.
Nevertheless, we are all entitled to our opinion. The opinion should be devoid of scam or personal target.

I am going back to market because I seeing green flag from this government. They are reducing the corruption they have been sharing. Two major are gone, fuel subsidy and forex policy

You are VERY correct too index heading to 95k

Zagee:
This hike in electricity tariff. Hmm. I hope we are expecting 100k minimum wage, cuz the poor will suffocate oh. Streets are hard!



Reversal / accumulation week.

Una still dey use NEPA for this country

BullBearMkt:

lol! My brother, everyone is learning everyday.

However, from the chart, you can deduce that:
-Sterling stock price is in a range market
-Recently (from 2017), price is moving strongly high
-Price touched the high @3.20 last week, before briefly coming down

Interpretation
-Sterling is good to buy with High Risk/Reward
-If price falls to 2.70 (or below), the better for good buy
-Based on previous rejection (fall) at 3.20, the stock price may not go above it
-Recent NSE bullish sentiments can cause Sterling Bank stock price to go above the 3.20
-IF the price closed above 3.20 by end of June ( ); it may continue to go higher (but not on straight line, you will have rise & fall in price)

That's is the best way I could possibly explain the chart for your understanding, but if you need further clarifications, feel free to let me know

God bless you for this simple explanation

"You may have feelings for a stock but know it that the stock does not have feelings for you"- Warren Buffet

IHelp:
Let the poor breath.
Don't suffocate them

Lol
The poor too deserve to live...

Currently on full bid @1.12.

UBA presently getting lots of attn in the market....and.....interim is getting close..
UBA used to give much better interim among the fu.ga.z (in terms of price/volume comparison anyway) let's hope this year would be better as well.
* We've done the analysis here in the past.
Followed by ACCESS.
*ZEE and GT got higher marks for final div.

GreatEko:
CBN removes saving, withdrawal limits on domiciliary accounts

https://punchng.com/cbn-removes-saving-withdrawal-limits-on-domiciliary-accounts/

More good news for the market...

yMcy56:


Currently on full bid @1.12.

The corruption may take us to UBA house this WK and some others as it unfolds.
Presently getting lots of attn in the market....and.....interim is getting close..

Low key robbing Paul and paying Peter

Goodmorning Boss

Zagee:
Low key robbing Paul and paying Peter
Goodmorning Boss

How? Which one?

FIDELITY: Sighted @7.26....
Quite some +be news for the bank.

* GTCO: The buyers are in market with volume.......inching up gradually.....Up wt +N1.30..1.40..
* Over 1.4B spent so far....N1.5B...1.8B...
* Sighted @32!!
* Something is happening in JAIZ!! The volume suggests this..

*Pls do not take as any form of recommendation*

yMcy56:
FIDELITY: Sighted @7.26....
Quite some +be news for the bank.

*Pls do not take as any form of recommendation*

Is this a sign that the pull back is over? We're watching

yMcy56:
FIDELITY: Sighted @7.26....
Quite some +be news for the bank.

* GTCO: The buyers are in market with volume.......inching up gradually.....Up wt +N1.30..
* Over 1.4B spent so far

* Something is happening in JAIZ!! The volume suggests this..

*Pls do not take as any form of recommendation*

Sis yMcy56 any update on fcmb.

I have been part of this group learning a lot from our senior men and women, thank you, Aje a wogba oo!

@JAIZ, I came in @.90 but not satisfied with qty.
Mentioning it prompted me to ask if it is a good ideal to top up at this present stage or let it be?

lancee:
Sis yMcy56 any update on fcmb.

FCMB is dragging feet...btw 4.95/5.10...
If others move up,.it won't have choice than to move.

GT @32.40.....Up with +1.80....
DANGCEM: Volume...@ 286.90
ACCESS: 14.90/15
UNIVINSURE: Getting attn @20k......offer reducing drastically.....20k offer cleared...
Much volume in Sterling and Wapic @72k
WAPCO in volumes!

yMcy56:

FCMB is dragging feet...btw 4.95/5.10...
If others move up,.it won't have choice than to move.

Thanks for update ymcy56

FCMB appears to have beef with the general trend.

Mfunkynation:

Lasaco release a good result which is opposite of mansard.
What is pushing AXA up is what I don't understand.
Make your choice...
0.15k dividend loading @lasaco next month ..
as one uncle said here ... Lasaco might be the next "AXA Kurruption"
; D

Thank you so much for this . 40% ROI. Wish I bought more sha