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Nigerian Stock Exchange Market Pick Alerts - Investment (7352) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 5:10pm On Nov 15, 2023
If only NSE would remove the limits on units for daily price movement, this exchange will grow.
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 6:46pm On Nov 15, 2023
Mpeace:
If only NSE would remove the limits on units for daily price movement, this exchange will grow.

We know gain is very good but loss can make one take his life. Imagine losing 75 % on a stock you invested 10million in two days!!

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 6:46pm On Nov 15, 2023
Mpeace:
If only NSE would remove the limits on units for daily price movement, this exchange will grow.
Oga, did you consider the downside part as well?
Abeg it's ok like that oo. smiley
Think it was even +/-5% before it was reviewed to +/-10%

*Modified*
OK. It's not about price but quantity.
No vex.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 6:59pm On Nov 15, 2023
yMcy56:

Oga, did you consider the downside part as well?
Abeg it's ok like that oo. smiley
Think it was even +/-5% before it was reviewed to +/-10%
I mean the 100k units limit for price appreciation, not the daily 10% price movement.

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 7:02pm On Nov 15, 2023
Krisuba:


We know gain is very good but loss can make one take his life. Imagine losing 75 % on a stock you invested 10million in two days!!
Lol. I refered to units limit. That is 100k units for price movement. I am ok with the daily 10% movement limit.
Re: Nigerian Stock Exchange Market Pick Alerts by sboga: 7:08pm On Nov 15, 2023
Nse is a playground for criminals like Wale to do as they like.

We suppose better exchange in dis kontry.

how will chairman of your biggest company be chairman of the exchange and still say no insider information Dey leak.

Lol

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:07pm On Nov 15, 2023
grin
Ginalex:
The big masquerade don talk. Make I sharpen my cutlass smiley
Re: Nigerian Stock Exchange Market Pick Alerts by phadriz(m): 11:40pm On Nov 15, 2023
Trancorp is the most underpriced stock. I see the stocks going places in the near future couple with the recapitalisation of disco by FG. I see Transcorp acquiring some discos soon.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:04am On Nov 16, 2023
grin
phadriz:
Trancorp is the most underpriced stock. I see the stocks going places in the near future couple with the recapitalisation of disco by FG. I see Transcorp acquiring some discos soon.
Re: Nigerian Stock Exchange Market Pick Alerts by Ades1: 12:32am On Nov 16, 2023
sboga:

Nse is a playground for criminals like Wale to do as they like.

We suppose better exchange in dis kontry.

how will chairman of your biggest company be chairman of the exchange and still say no insider information Dey leak.

Lol



NSE is not as bad as you people make it all this wale and their games na child’s play Go read about Martin Shkreli lol. Lets not forget Elon too

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 5:26am On Nov 16, 2023
Sooner than later, those naysayers, walehaters and armchair analysts who wrote off Oando
Will be full of praise for the company and its management. Mark this!

2 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:23am On Nov 16, 2023
ProphetUtuocha:
Sooner than later, those naysayers, walehaters and armchair analysts who wrote off Oando
Will be full of praise for the company and its management. Mark this!
AMEN ooooo

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 7:23am On Nov 16, 2023
The stock I was referring to yesterday is MULTIVERSE.I will not talk about this stock again for now after this write up.It is not a stock for traders but for value investors and dividend lovers.The stock has repositioned to add value to shareholders.It is a stock worth keeping in a portfolio for 8 years of Tinubu administration because they are changing the narratives of solid minerals.Multiverse, after reconstructions, started this year with an interim dividend of 5kobo.This is also a good move.The top and bottom lines of Multiverse will continue to improve and Eps will continue to rise.Below are some of the things I found attractive in the stock this year which will extend to next year and beyond.I will not say precisely where the price of the stock will reach but the Journey will be like that of vita foam, Nahco and Transhotel that delivers above 100% and above.The forecast is going to base on the Numbers going forward

8 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:25am On Nov 16, 2023
Locotrader:
The stock I was referring to yesterday is MULTIVERSE.I will not talk about this stock again for now after this write up.It is not a stock for traders but for value investors and dividend lovers.The stock has repositioned to add value to shareholders.It is a stock worth keeping in a portfolio for 8 years of Tinubu administration because they are changing the narratives of solid minerals.Multiverse, after reconstructions, started this year with an interim dividend of 5kobo.This is also a good move.The top and bottom lines of Multiverse will continue to improve and Eps will continue to rise.Below are some of the things I found attractive in the stock this year which will extend to next year and beyond.I will not say precisely where the price of the stock will reach but the Journey will be like that of vita foam, Nahco and Transhotel that delivers above 100% and above.The forecast is going to base on the Numbers going forward

Loco don turn investor? grin

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:26am On Nov 16, 2023
Ades1:



NSE is not as bad as you people make it all this wale and their games na child’s play Go read about Martin Shkreli lol. Lets not forget Elon too

NSE no bad but bad bois fit play am grin
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 8:33am On Nov 16, 2023
megawealth01:


Loco don turn investor? grin
Contradicting his name. Make this man stay one place. grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:49am On Nov 16, 2023
Locotrader:
The stock I was referring to yesterday is MULTIVERSE.I will not talk about this stock again for now after this write up.It is not a stock for traders but for value investors and dividend lovers.The stock has repositioned to add value to shareholders.It is a stock worth keeping in a portfolio for 8 years of Tinubu administration because they are changing the narratives of solid minerals.Multiverse, after reconstructions, started this year with an interim dividend of 5kobo.This is also a good move.The top and bottom lines of Multiverse will continue to improve and Eps will continue to rise.Below are some of the things I found attractive in the stock this year which will extend to next year and beyond.I will not say precisely where the price of the stock will reach but the Journey will be like that of vita foam, Nahco and Transhotel that delivers above 100% and above.The forecast is going to base on the Numbers going forward

What price range would be a good entry point for buying MULTIVERSE shares? undecided
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 8:50am On Nov 16, 2023
Locotrader:
The stock I was referring to yesterday is MULTIVERSE.I will not talk about this stock again for now after this write up.It is not a stock for traders but for value investors and dividend lovers.The stock has repositioned to add value to shareholders.It is a stock worth keeping in a portfolio for 8 years of Tinubu administration because they are changing the narratives of solid minerals.Multiverse, after reconstructions, started this year with an interim dividend of 5kobo.This is also a good move.The top and bottom lines of Multiverse will continue to improve and Eps will continue to rise.Below are some of the things I found attractive in the stock this year which will extend to next year and beyond.I will not say precisely where the price of the stock will reach but the Journey will be like that of vita foam, Nahco and Transhotel that delivers above 100% and above.The forecast is going to base on the Numbers going forward

LOCO the PROBLEM is by the time MULTIVERSE share price start going up you would have COLLECT your 2% PROFIT and RUN. 💨

Better GO and APPEASE the gods to "AVERT your NEAR SUCCESS SYNDROME".

I rest my Case !

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 8:50am On Nov 16, 2023
BullBearMkt:

...that's fair @ositadima1.
Because I like it simple, I mostly rely on price and volume.

Let me show you (no vex, I no fit teach u o). Below is UACN line price/volume chart:
-Distribution: Since price started declining in 2013, price has never made Higher-high and higher-low until 2019 till date. That is strength in price
- Between 2019 - 2022 when price shows strength, volume rises above average. That simply implies, smart monies were buying at the low as people rejecting the stock (accumulation).
-Now, we have what is called BULLISH ORDER CANDLE established at between 8 and 8.90. This means, smart monies will MOST LIKELY not allow price to go below this level again (This level is a BUY)
-Long-Term: Except the company is liquidating/folding-up, else long term (>2 years) will touch the levels you mentioned. Example, attempt was made in May 2022 when price touched 15!

That is TA!!!
grin grin grin grin grin
@ositadima1,
In less than 6 months, the ROI on UACN is now more than 100% since the above discussion in June. First take profit triggered yesterday!
grin grin grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:55am On Nov 16, 2023
I am gathering some facts about Oando PLC. Can you help me correct any errors? grin grin grin

Fact 1:
Oando PLC was listed on the Nigerian Stock Exchange (NSE) on October 31, 2002, at an initial public offering (IPO) price of N10.50 per share.

Fact 2:
The company's stock price has since fluctuated significantly, reaching a high of N168.50 per share in 2007.

Fact 3:
Ocean and Oil Development Partners Limited (OODP), a core shareholder of Oando PLC, is seeking to delist Oando from the Nigerian Stock Exchange (NGX) and the Johannesburg Stock Exchange (JSE). OODP has made an offer to acquire the shares of all minority shareholders of Oando at a price of N7.07 per share. The offer is subject to approval by the shareholders of Oando and the sanction of the Federal High Court.

Fact 4:
In 2002, Ocean and Oil led Unipetrol's bid for 60% of Agip Nigeria Plc. The merged company was rebranded as Oando Plc in 2003, the second largest downstream petroleum marketing company in Nigeria. In 2007, Ocean and Oil Holdings swapped its shares in Oando Energy Services Limited, Oando Production Development Company Limited, Oando Supply and Trading and Oando Trading to Oando Plc shares. This brought Ocean & Oil Holdings' total stake in Oando plc to 35%.

Fact 5:
Ocean and Oil Development Partners Limited (OODP) owns 57.37% of Oando PLC's shares. This makes OODP the largest shareholder of Oando PLC.

Fact 6:
Wale Tinubu, the CEO of Oando PLC, is a major shareholder in OODP. He reportedly owns a 66.7% stake in the company.

undecided

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:57am On Nov 16, 2023
grin
PETERiCHY:


LOCO the PROBLEM is by the time MULTIVERSE share price start going up you would have COLLECT your 2% PROFIT and RUN. 💨

Better GO and APPEASE the gods to "AVERT your NEAR SUCCESS SYNDROME".

I rest my Case !
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 9:19am On Nov 16, 2023
PETERiCHY:


LOCO the PROBLEM is by the time MULTIVERSE share price start going up you would have COLLECT your 2% PROFIT and RUN. 💨

Better GO and APPEASE the gods to "AVERT your NEAR SUCCESS SYNDROME".

I rest my Case !

If I manage to get 5m units of multiverse,I will keep it for long term because I know where the price will get to because of the size of OS.

I have enough money to trade other stocks for Jijo.

This time I have got a dividend stock to hold.
I will be adding more of it at any pullback until I get my target units.

How will I appease the gods when I am loaded on cash than you which is my returns from Japaul?

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:21am On Nov 16, 2023
Locotrader:


If I manage to get 5m units of multiverse,I will keep it for long term because I know where the price will get to because of the size of OS.

I have enough money to trade other stocks for Jijo.

This time I have got a dividend stock to hold.
I will be adding more of it at any pullback until I get my target units.

How will I appease the gods when I am loaded on cash than you which is my returns from Japaul?
grin
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 9:21am On Nov 16, 2023
megawealth01:


Loco don turn investor? grin

Yes for this one.
Solid minerals sector is a place to be for this 8 years of Tinubu and Alake administrations.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 9:25am On Nov 16, 2023
ositadima1:


What price range would be a good entry point for buying MULTIVERSE shares? undecided

For me, 2.90 to 3.50 is my target entry price.
But the Os will not allow me to get enough units at these prices.
More news on the stock will decide if I should adjust entry upwards or remain at 2.90 to 3.50.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 9:28am On Nov 16, 2023
thebargainhunte:

Contradicting his name. Make this man stay one place. grin grin grin

When you make much money on stock, you need to put some cash in a long term stock for growth and dividend.
This is a beginning of a new era on Loco's portfolio.
Some money for Jijo and some for long term stocks that has Govt support.

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:30am On Nov 16, 2023
BullBearMkt:

@ositadima1,
In less than 6 months, the ROI on UACN is now more than 100% since the above discussion in June. First take profit triggered yesterday!
grin grin grin grin grin

Congratulations, @BullBearMkt!

I observe activity between 9.45 and 12.00 based on my 2020 data, a decline below 12.00 is still possible due to supply availability, preventing a likely significant upward movement. However, strong fundamentals could support further gains.

My target was a 20% increase, and it surpassed 100%, which is very good. cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:47am On Nov 16, 2023
megawealth01:


I don hear
wink
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:48am On Nov 16, 2023
Locotrader:


Yes for this one.
Solid minerals sector is a place to be for this 8 years of Tinubu and Alake administrations.
WOW
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:49am On Nov 16, 2023
Locotrader:


When you make much money on stock, you need to put some cash in a long term stock for growth and dividend.
This is a beginning of a new era on Loco's portfolio.
Some money for Jijo and some for long term stocks that has Govt support.

Well this has always been my practice since time immemorial
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 9:59am On Nov 16, 2023
Locotrader:


If I manage to get 5m units of multiverse,I will keep it for long term because I know where the price will get to because of the size of OS.

I have enough money to trade other stocks for Jijo.

This time I have got a dividend stock to hold.
I will be adding more of it at any pullback until I get my target units.

How will I appease the gods when I am loaded on cash than you which is my returns from Japaul?
so you have Japa from Japaul
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 10:02am On Nov 16, 2023
Mfunkynation:

so you have Japa from Japaul

I have sold 50% of Japaul.
I can't Japa from Japaul completely because Solid mineral is a place to be.
The 2 stocks are very necessary in ones portfolio in this Tinubu Admin.

2 Likes

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