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Nigerian Stock Exchange Market Pick Alerts - Investment (7555) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (16196754 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 1:11pm On Jan 31, 2024
emmanuelewumi:
Buy more if it deeps to N11 and below, earning growth of almost 100% is possible in 2024
Highly over priced
Re: Nigerian Stock Exchange Market Pick Alerts by pizapato(m): 1:13pm On Jan 31, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:14pm On Jan 31, 2024
Agbalowomeri:
Three years
...actually 4 years, excluding 2024
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:19pm On Jan 31, 2024
SonofElElyonRet:
Highly over priced
Nobi the same TRANSCORP una hype sometimes ago?

Make una allow our TRANSCORP breeth joor

Not a recommendation
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:20pm On Jan 31, 2024
Not really.
Using highly and over makes me think you are cock sure about the pricing...

SonofElElyonRet:
Highly over priced
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:27pm On Jan 31, 2024
Agbalowomeri:
Three years
Then 9 months of bear is allowed
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 1:29pm On Jan 31, 2024
E
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 1:31pm On Jan 31, 2024
Is something wrong with Morgan or did Zenith just go full offer for a bit?
Re: Nigerian Stock Exchange Market Pick Alerts by iHaveMadeiT2: 1:31pm On Jan 31, 2024
Pull back with very very small volume. Na shakara
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:32pm On Jan 31, 2024
Zegra:
My brother, this pullback strong ooo
My portfolio is battered
that exactly where TA skill comes in, not that TA will indicate exactly when price will rise or pullback but at least it will help small.

UBA from 34 to 26 thatz N8. portfolio of 1m unit already shed N8m, 8m can get one good addition unit of the stock @ today's price embarassed.

TA or no TA i will never touch a stock without considering the FA first. it is when the FA is 95% ok and i estimated the FairPrice then I look for entry price with TA

Note: UBA fundamental remain intact nothing have change yet, I hav posted bedsheet's opinion fairprice of the stock here in the past but price can not continuing rising forever to it destination on a straight line.

grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:33pm On Jan 31, 2024
iHaveMadeiT2:
Pull back with very very small volume. Na shakara
...absolutely correct!!!
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:34pm On Jan 31, 2024
SonofElElyonRet:
Highly over priced
I am happy people happy people are now talking about valuation.


The worst thing you can do to your self as an investor is to buy a naira denominated asset or investment at an inflated price. The people selling the expensive shares to you will later use the money realized from the uninformed investor to buy forex denominated assets.


When buying a Naira denominated assets or investment, always consider inflation, currency devaluation and use a minimum required return of 20% to discount the investment or asset
Re: Nigerian Stock Exchange Market Pick Alerts by Jaakay: 1:35pm On Jan 31, 2024
Access, fcmb and uba on full offer o. Please mop up this stocks before we enter another bull.
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:35pm On Jan 31, 2024
emmanuelewumi:
Then 9 months of bear is allowed
mba o!!!
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 1:37pm On Jan 31, 2024
Link Not Working. UBA moves to capitalise to join trillion club.
Article on Opera.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:37pm On Jan 31, 2024
Jaakay:
Access, fcmb and uba on full offer o. Please mop up this stocks before we enter another bull.
Day just dey break

My beloved GTB welcome back grin
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:37pm On Jan 31, 2024
rally! grin
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:41pm On Jan 31, 2024
Agbalowomeri:
Quite succinctly put
Where I defer is that bull don end
What remains is gbelo gbebo alias Janet
Make una go home abi una no get house ni grin
We don Siddon for house dey look oo

FA not agreeing with TA.......interesting!
What's happening in market now is not FA at least.......doesn't look like TA either....

All those postings na just theory......Mr. Market just doing it's things based on some hidden forces or yet unknown news. This is where it comes in, that it has a mind of its own.

When the tide changes, still come and tell us what has changed with your six months sir.... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Rajad(m): 1:43pm On Jan 31, 2024
currentprice:
that exactly where TA skill comes in, not that TA will indicate exactly when price will rise or pullback but at least it will help small.

UBA from 34 to 26 thatz N8. portfolio of 1m unit already shed N8m, 8m can get one good addition unit of the stock @ today's price embarassed.

TA or no TA i will never touch a stock without considering the FA first. it is when the FA is 95% ok and i estimated the FairPrice then I look for entry price with TA

Note: UBA fundamental remain intact nothing have change yet, I hav posted bedsheet's opinion fairprice of the stock here in the past but price can not continuing rising forever to it destination on a straight line.

Please what is the fair price of WAPCO from your bedsheet?
grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by USAfall2024: 1:54pm On Jan 31, 2024
Chai chai chai

This stock market thing dey sweet o grin. One minute everywhere is green, people forecasting FUGAZ at #50-100, now CBN want to cancel out the advantageous position of banks (FX revaluation gains) with this their new rule/circular cry

To think I was less concerned about naira against dollar devaluation because I believed I will recover back from my Zenith and UBA FX revaluation gains via improved EPS/dividends. Now na to siddon dey look until whenever coast becomes clear with the FX policy in bank sector being straightforward/understandable.
Re: Nigerian Stock Exchange Market Pick Alerts by iHaveMadeiT2: 1:54pm On Jan 31, 2024
This small volume that is rushing out today will rush back tomorrow at higher price. I checked my trade in the last 2 yrs and discovered I would have made much more sitting in one place than jumping from one stock to another. My resolution this year is stay one place make my blessing locate me with precise precision
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:54pm On Jan 31, 2024
yMcy56:
We don Siddon for house dey look oo

FA not agreeing with TA.......interesting!
What's happening in market now is not FA at least.......doesn't look like TA either....

All those postings na just theory......Mr. Market just doing it's things based on some hidden forces or yet unknown news. This is where it comes in, that it has a mind of its own.

When the tide changes, still come and tell us what has changed with your six months sir.... smiley
So you no dey here when we dey argue divergence Lol

TA sums all market realities (including FA) and put am inside drawing book for you grin
Re: Nigerian Stock Exchange Market Pick Alerts by BuchyD: 1:57pm On Jan 31, 2024
Looks like the NGX-stockfish article guy wasn't wrong afterall😀....

Bear the bears guys.....We move!
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 1:57pm On Jan 31, 2024
Agbalowomeri:
So you no dey here when we dey argue divergence Lol
It is always nice to take profit as stock price .... grin

reach target and move higher... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 2:00pm On Jan 31, 2024
Someone wrote an article and a massive bear commenced!
Why would those who held on all these while now sold out when it gets to earning period?
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 2:01pm On Jan 31, 2024
BuchyD:
Looks like the NGX-stockfish article guy wasn't wrong afterall😀....

Bear the bears guys.....We move!
Don't you think he probably triggered it?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:02pm On Jan 31, 2024
USAfall2024:
To think I was less concerned about naira against dollar devaluation because I believed I will recover back from my Zenith and UBA FX valuation gains via improved EPS/dividends. Now na to siddon dey look until whenever coast becomes clear and the whole FX policy in bank sector is understandable.
That's why I'm most times not a fan of banking stocks.....
Was discussing with someone and i said, policies can make or Marr the sector at any given time........if above was the case.

As it is now, anyone in the market should just be calm and control emotions till market will correct finish and stabilize....
Let's be awaiting dividends to take hold body first ....I've never been a fan of selling at loss...

Very easy for @CP to be calculating picking at certain price junction lipsrsealed but it doesn't work that way all the time.

My 50 cent advice as usual.
Re: Nigerian Stock Exchange Market Pick Alerts by USAfall2024: 2:02pm On Jan 31, 2024
iHaveMadeiT2:
This small volume that is rushing out today will rush back tomorrow at higher price. I checked my trade in the last 2 yrs and discovered I would have made much more sitting in one place than jumping from one stock to another. My resolution this year is stay one place make my blessing locate me with precise precision
Jumping from one place to another is just another way of dashing brokers/NGX free money. Person go do Kalo-Kalo after much thinking to round-trip a stock for 10-20% gain but your broker will chop almost half of that gain (via brokerage/NGX fees) ontop your wahala grin
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 2:05pm On Jan 31, 2024
yMcy56:
We don Siddon for house dey look oo

FA not agreeing with TA.......interesting!
What's happening in market now is not FA at least.......doesn't look like TA either....

All those postings na just theory......Mr. Market just doing it's things based on some hidden forces or yet unknown news. This is where it comes in, that it has a mind of its own.

When the tide changes, still come and tell us what has changed with your six months sir.... smiley
I don't think you can completely rule out FA from what is happening in the market.
Price rediscovery is part of FA.
Some stocks have had their share price gone up 300, 400% in the last one year while PAT has only gone up for about 50,100 or 200%.
In addition, the cbn circular is also a factor of FA
Re: Nigerian Stock Exchange Market Pick Alerts by USAfall2024: 2:07pm On Jan 31, 2024
yMcy56:
That's why I'm most times not a fan of banking stocks.....
Was discussing with someone and i said, policies can make or Marr the sector at any given time........if above was the case.

As it is now, anyone in the market should just be calm and control emotions till market will correct finish and stabilize....
Let's be awaiting dividends to take hold body first ....I've never been a fan of selling at loss...

Very easy for @CP to be calculating picking at certain price junction lipsrsealed but it doesn't work that way all the time.

My 50 cent advice as usual.
No need for Panic. When the dust settles, most fundamentally sound stocks will continue their upward movement. For me, I have joined PA Emma school so I am more concerned with how much cash flow my portfolio generates via dividends. If Zenith pays total dividend of #3.50-4.00 this year and UBA about #1.50-2.00, I will be fine wink.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:07pm On Jan 31, 2024
iHaveMadeiT2:
This small volume that is rushing out today will rush back tomorrow at higher price. I checked my trade in the last 2 yrs and discovered I would have made much more sitting in one place than jumping from one stock to another. My resolution this year is stay one place make my blessing locate me with precise precision
Exactly!!
Re: Nigerian Stock Exchange Market Pick Alerts by BuchyD: 2:09pm On Jan 31, 2024
Toluway:
Don't you think he probably triggered it?
For where?😄.......Whoever totally rubbished that article must be a joker.
The greens were too "good to be true".

This was bound to happen to teach (baby) investors an unforgettable investment lesson
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