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Nigerian Stock Exchange Market Pick Alerts - Investment (8438) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (15780516 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 2:20pm On Nov 13, 2024
Sunrisepebble:
They sold the first three days of listing. The reason they stated was to provide initial liquidity for the listing. Whether that is true or not, remains to be seen. I doubt they’ll tell the market directly that they’re exiting. So if there’s another directors dealings notification of sale from them, we can draw a better conclusion
Merci beaucoup.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:27pm On Nov 13, 2024
Streetinvestor2:
How is this possible. They didn't generate revenue or didn't make profit. So whr did they get money for all the expenses and others. What kind of French is this now.You made zero revenue and still spent this kind of money. They need to invite efcc for the management. This is scam alert
People buying will learn the hard way
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 2:31pm On Nov 13, 2024
Free float of Aradel is already 64/65% which makes it a strange reason for selling the shares. I guess we watch. If they dump more, I get to buy a wonderful company at an even better price.

GeeKudi:
Merci beaucoup.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:33pm On Nov 13, 2024
MODIFIED

OandO. -0.08%
ETERNA. ±
ARADEL. ±
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 2:35pm On Nov 13, 2024
KarlTom:
OandO. -0.08%
ETERNA. -4.23%
ARADEL. -6.33%

Everywhere RED
I thought Aradel was full offer (-10%)
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 2:36pm On Nov 13, 2024
Nobody bought 100k units in a single transaction. I think you should honestly down Yochaa to see live prices, so you understand what is going on in the market

designking:
I thought Aradel was full offer (-10%)
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 2:37pm On Nov 13, 2024
Is that the official close price of Aradel and Eterna, Yochaa is showing no change
KarlTom:
OandO. -0.08%
ETERNA. -4.23%
ARADEL. -6.33%

Everywhere RED
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 2:43pm On Nov 13, 2024
Sunrisepebble:
Free float of Aradel is already 64/65% which makes it a strange reason for selling the shares. I guess we watch. If they dump more, I get to buy a wonderful company at an even better price.
Dumping would mean selling at a low price. It would also create an impression of a bad stock scaring investors away and hamper their chance of selling.

Their current game (if they are actually the ones currently selling) creates a win win for all players but would be a long one and elongate the volatility and uncertainty around the stock.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:45pm On Nov 13, 2024
*

OandO. -0.08%
ETERNA. ±
ARADEL. ±
Re: Nigerian Stock Exchange Market Pick Alerts by Ades1: 2:55pm On Nov 13, 2024
Raider76:
Someone has to feed the brokers ...
grin grin grin grin grin grin Was this not what I was hammering a while back? All that headache for 7% return BEFORE broker fees. Watch someone come and say they can perfectly time the market and do this everyday because of a secret AI they have created.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:55pm On Nov 13, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 3:49pm On Nov 13, 2024
Sunrisepebble:
Nobody bought 100k units in a single transaction. I think you should honestly down Yochaa to see live prices, so you understand what is going on in the market
Yocha seem to be worst compare to Bamboo. They hardly update their prices
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble:
They update every ten minutes, its the best live app im aware of. Im not a trader but a trader friend of mine pointed me to idia infoware, it is not an app though, you'd have to create an account to use it on a computer

designking:
Yocha seem to be worst compare to Bamboo. They hardly update their prices
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 4:20pm On Nov 13, 2024
yMcy56:
Regal not yet added
Oh sorry. Had VFD in mind
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 6:01pm On Nov 13, 2024
You're looking for a way to drag an app to your bamboo level... grin
designking:
Yocha seem to be worst compare to Bamboo. They hardly update their prices
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 6:53pm On Nov 13, 2024
If IPMAN is not a monopoly, I don't know what is. They sit down, determine and fix the price of petrol from Lagos to Maiduguri.

https://dailypost.ng/2024/11/13/dangote-petrol-ipman-announces-fuel-price-slash/
Re: Nigerian Stock Exchange Market Pick Alerts by Ow0eg0kudi: 7:06pm On Nov 13, 2024
onegentleguy:
Well before I go ahead with giving a suggestion, permit me to 1st add a 3rd and 4th option to ur list.
...And that would be;
3) sell only units equivalent to invested capital whilst profit is retained,
and
4) Do nothing.

Now I am of the opinion that there are no fixed rules to acheive any desired success rate. ...And so if that sinks, i'll go ahead to break things down a bit more;
Each of the 4 options can give relative success rating depending on these 4 key determinants;

1) The source as well as the target coys in question,
2) The prevailing circumstance,
3) The Target (...as a factor of return/yeild within a given duration)
and
4) The Timing (...as a factor of entry/exit).

Time may not allow me break these determinants down, but I trust that u my boss can decipher things urself.
Like I said ealier, there are no fixed workable rules to acheive any desired success rate but the truth is that at any given point, if u can honestly and clearly KEY IN these factors into ur decision-making, then u would surely be closer to taking the right investment decision as it relates to the best divestment approach.

However as a personal rule, I like to sell down 2/3rd of a coy in 2 parts of 1/3rd each after achieving a 50-75% and a 75-100% return/yeild band respectively.
...That said, I also like to DO NOTHING when I see a winning stock winning and with more prospect of winning.

Hope this helps. wink cheesy
Eventually saw it...Thanks yMcy56 💯

I quoted this as it may be helpul to others
Re: Nigerian Stock Exchange Market Pick Alerts by Payunsin: 7:18pm On Nov 13, 2024
[quote author=emmanuelewumi post=132859206]People buying will learn the hard way[/quote
For Ellahlakes I bought at slightly below ₦3 and sold above ₦4.
There is a difference being a trader n an investor.
You will be surprised that most money are made from junk stocks than fundamentals sometimes.
I am not sure I can ever make the kind of money I made from Oando in less than a year ever again n Na junk stock oooo.
Investors will say never when traders see better opportunity
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 7:38pm On Nov 13, 2024
KarlTom:
You're looking for a way to drag an app to your bamboo level... grin
This is the price of Aradel on the Yochaa app this night.

Yochaa lags a lot

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:39pm On Nov 13, 2024
@ Payunsin
Pa Emma is referring to investors like him not you trader.

When you see such posts,just pass .

Na greedy investors get the talk
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 8:14pm On Nov 13, 2024
The price its showing is correct……
designking:
This is the price of Aradel on the Yochaa app this night.

Yochaa lags a lot
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 8:31pm On Nov 13, 2024
Sunrisepebble:
The price its showing is correct……
So what about the -6% closing price of today. Cos the price displayed by Yochaa shows no change in price today.

What is Aradel official price today?
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 8:35pm On Nov 13, 2024
The price did not change today sir. It was an error that was modified by the poster. The price is still 533.80

designking:
So what about the -6% closing price of today. Cos the price displayed by Yochaa shows no change in price today.

What is Aradel official price today?
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:17pm On Nov 13, 2024
@Designking

KarlTom:
MODIFIED

OandO. -0.08%
ETERNA. ±
ARADEL. ±
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:22pm On Nov 13, 2024
Locotrader:
@ Payunsin
Pa Emma is referring to investors like him not you trader.

When you see such posts,just pass .

Na greedy investors get the talk
Spot on..
That's an issue in this thread.
Investors quoting traders and traders quoting investors.
Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 9:23pm On Nov 13, 2024
KarlTom:
MODIFIED

OandO. -0.08%
ETERNA. ±
ARADEL. ±
Oando (JSE) +66.67%
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 9:24pm On Nov 13, 2024
KarlTom:
@Designking
I noticed I was able to buy towards close of the market at N485/unit... The N533/share is it ceremonial or because a certain condition wasn't meant hence NGX arbitrarily left the price at N533?
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:29pm On Nov 13, 2024
Investors-(1year and above)
Tradevestor(3months-1yr) grin
Traders(1month-3months)
Jijoist(1day-1month)
No mind me Oo.
grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 9:31pm On Nov 13, 2024
designking:
I noticed I was able to buy towards close of the market at N485/unit... The N533/share is it ceremonial or because a certain condition wasn't meant hence NGX arbitrarily left the price at N533?
You mean all these while till early this evening you didn't know.

Do people just noticed they buy shares at a price lower than they bid for?
U said u bid N500 and bought 1,000 units already and then waiting to do more tomorrow if price goes down again. So where is the N485 you are noticing coming from.
Can u pls share screenshots of the notice make we see ?
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 9:48pm On Nov 13, 2024
You really need to go and learn how the market works

The rule of price movements
Bid and Offer
designking:
I noticed I was able to buy towards close of the market at N485/unit... The N533/share is it ceremonial or because a certain condition wasn't meant hence NGX arbitrarily left the price at N533?
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2:
chimex38:
Investors-(1year and above)
Tradevestor(3months-1yr) grin
Traders(1month-3months)
Jijoist(1day-1month)
No mind me Oo.
grin grin
Lol.The problem is that jijo group will come here to lie and try scamming others like they belong to second group. They do all kind of MH to make people believe in them.They see even 5% and they japa and introduce another stock or go in again in the same stock. No wahala,just declere your interest when you make such call.
I have been buying three stocks since this month
Transcorp plc
Presco
WAPCO

All for very long time with good dividend as cash flow in mind. Targeting 8 figure dividend in future from them all.Why am I inclined to palm oil than crude oil.I guess is because I have love for agriculture than most things.
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 11:22pm On Nov 13, 2024
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