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Nigerian Stock Exchange Market Pick Alerts - Investment (8601) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by designking:
Oando and Wale still not up from the party hangover.
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 1:09pm On Dec 23, 2024
So nah Megawealth you be, or Massweaith? grin

megawealth01:
Airtel Africa begins second share buyback to return $100 million to shareholders 

https://nairametrics.com/2024/12/23/airtel-africa-begins-second-share-buyback-to-return-100-million-to-shareholders/

Buying Airtel in 2020 is one of my best decisions in my journey to mass wealth
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 1:16pm On Dec 23, 2024
Those Wale people eh. I hope they will not forget the share redistribution since they got their AGM approval. I believe with the approval they could go ahead with whatever they want to do with the Oando accounts without having to implement the redistribution.

designking:
Oando and Wale still not up from the part hangover.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:48pm On Dec 23, 2024
Is thr really bull in the market abi normally side ways trading .I am not seeing plenty 10% gains
Re: Nigerian Stock Exchange Market Pick Alerts by NSEstudent: 1:55pm On Dec 23, 2024
Agbalowomeri:
For those in a hurry to sell

Give it two weeks in January

The bull has just landed grin
wink wink

I don't understand Ichimoku, but I see the lines above the cloud grin

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 2:14pm On Dec 23, 2024
NSEstudent:
wink wink

I don't understand Ichimoku, but I see the lines above the cloud grin
...outside the cloud is more dangerous and riskier than in the cloud
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 2:28pm On Dec 23, 2024
Oando heading to the ₦50+ zoom. We might see the ₦50+ zoom by tomorrow. There is something the big investors are seeing we are not seeing.

The selloff continues amid a possible bonus....
Re: Nigerian Stock Exchange Market Pick Alerts by NSEstudent: 2:35pm On Dec 23, 2024
BullBearMkt:
...outside the cloud is more dangerous and riskier than in the cloud
grin grin grin grin grin
shocked shocked shocked grin

Oga Agba come o
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 2:54pm On Dec 23, 2024
designking:
Oando heading to the ₦50+ zoom. We might see the ₦50+ zoom by tomorrow. There is something the big investors are seeing we are not seeing.

The selloff continues amid a possible bonus....
That should be the golden opportunity to add to your existing 200k units 🤣
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 2:55pm On Dec 23, 2024
NSEstudent:
shocked shocked shocked grin

Oga Agba come o
I don tell Agba to leave Ichimoku but rather stick to price actions. You want to sell outside the cloud and buy inside the cloud cheesy
grin grin grin grin grin

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76:
I wouldn't call this a selloff. There were only four transactions =>100,000 in volume, while total volume traded for the day is <5m. I think it is just the effect of the uncertainty caused by the lack of clarity of how and when the share redistribution is going to take place.

designking:
Oando heading to the ₦50+ zoom. We might see the ₦50+ zoom by tomorrow. There is something the big investors are seeing we are not seeing.

The selloff continues amid a possible bonus....
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 3:14pm On Dec 23, 2024
Harvestock01:
That should be the golden opportunity to add to your existing 200k units 🤣
I bought another 10k today.
Re: Nigerian Stock Exchange Market Pick Alerts by NSEstudent:
BullBearMkt:
I don tell Agba to leave Ichimoku but rather stick to price actions. You want to sell outside the cloud and buy inside the cloud cheesy
grin grin grin grin grin
It appears to indicate he's right about wanting to sell now since the other 3 Ichimoku lines are above the cloud. Also, the candles show today closed with a negative doji - a shooting star that may indicate downtrend.

EDIT: Checked the live chart and today did not close with a shooting star but rather a bullish engulfing pattern that may indicate further uptrend grin
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:19pm On Dec 23, 2024
OandO. -8.63%
ETERNA. ±
CONOIL. ±
ARADEL. -9.64%
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:49pm On Dec 23, 2024
Raider76:
I wouldn't call this a selloff. There were only four transactions =>100,000 in volume, while total volume traded for the day is <5m. I think it is just the effect of the uncertainty caused by the lack of clarity of how and when the share redistribution is going to take place.
If Oando likes, let it drop to N20 or rise to N100. Those that would sell, will sell. Those that would buy, will buy.
There will always be rise and fall in price of every stocks on NGX. This Xmas/New Year period is usually bearish.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:50pm On Dec 23, 2024
KarlTom:
OandO. -8.63%
ETERNA. ±
CONOIL. ±
ARADEL. -9.64%
You never add MRS
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:56pm On Dec 23, 2024
BullBearMkt:
I don tell Agba to leave Ichimoku but rather stick to price actions. You want to sell outside the cloud and buy inside the cloud cheesy
grin grin grin grin grin
I no be year round trader. Ichimoku dey allow me see road fess make motor no jam person for road

After I don see road well well, I go come add price action.

Everything worketh together for good for yee that believe grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 4:23pm On Dec 23, 2024
What exactly is going on there ? It would be nice to know
Streetinvestor2:
You never add MRS
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:25pm On Dec 23, 2024
Agbalowomeri:
I no be year round trader. Ichimoku dey allow me see road fess make motor no jam person for road

After I don see road well well, I go come add price action.

Everything worketh together for good for yee that believe grin grin grin
You be correct FA! Ichimoku na just to catch fun!!!
I love the quote
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:29pm On Dec 23, 2024
NSEstudent:
It appears to indicate he's right about wanting to sell now since the other 3 Ichimoku lines are above the cloud. Also, the candles show today closed with a negative doji - a shooting star that may indicate downtrend.

EDIT: Checked the live chart and today did not close with a shooting star but rather a bullish engulfing pattern that may indicate further uptrend grin
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:05pm On Dec 23, 2024
Let's give it till 30 Dec.

I anticipate a price reduction by NNPC... grin
Streetinvestor2:
You never add MRS
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:16pm On Dec 23, 2024
Here's the reason:
https://www.channelstv.com/2024/12/21/dangote-refinery-partners-mrs-to-sell-petrol-at-%E2%82%A6935-nationwide/

Sunrisepebble:
What exactly is going on there ? It would be nice to know
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 5:19pm On Dec 23, 2024
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 5:22pm On Dec 23, 2024
It is now obvious that many on this thread are oando disciples. The thread is quite because oando went south even with all the green many stocks closed on .
This place is filled with traders and gamblers oh...lol

My IB is showing green for the first time in a long time.Sanu is really performing magic. If I bought at 1.20 for my 1 million challenge. Na how many % I for dey now
Re: Nigerian Stock Exchange Market Pick Alerts by Picky1: 5:24pm On Dec 23, 2024
jonnysessy:
I got my payoff from FMN on 19/12/24. Though, I have just some afolabi units.
Yes o....checked account and saw some good money from FMN without any notice!
It's good to invest on sound stocks! cool
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 5:30pm On Dec 23, 2024
Streetinvestor2:
It is now obvious that many on this thread are oando disciples. The thread is quite because oando went south even with all the green many stocks closed on .
This place is filled with traders and gamblers oh...lol

My IB is showing green for the first time in a long time.Sanu is really performing magic. If I bought at 1.20 for my 1 million challenge. Na how many % I for dey now
The Oando share redistribution details is likely to be announced by 2025. No Christmas bonus from Oando to shareholders.

My Universal Insurance and UACN don do my Christmas 🎄 for me.

Oando no send their shareholders.... They are still partying with Wizkid, Davido and Burnaboy while shareholders are angry and hungry.

Cowboy Wale can never change.
Re: Nigerian Stock Exchange Market Pick Alerts by Picky1: 5:32pm On Dec 23, 2024
Streetinvestor2:
It is now obvious that many on this thread are oando disciples. The thread is quite because oando went south even with all the green many stocks closed on .
This place is filled with traders and gamblers oh...lol

My IB is showing green for the first time in a long time.Sanu is really performing magic. If I bought at 1.20 for my 1 million challenge. Na how many % I for dey now
There have been some action in Intbrew (most of the brewery sector actually) lately...please who is Sanu?
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 5:32pm On Dec 23, 2024
I saw this but it didn’t seem like good enough news to me for it to be gaining 10% daily. I was thinking perhaps an acquisition news that isn’t yet out, but I think Dangote already owns a large stake through proxy

Are they still not set to delist from NGX to move to NASD?
KarlTom:
Here's the reason:
https://www.channelstv.com/2024/12/21/dangote-refinery-partners-mrs-to-sell-petrol-at-%E2%82%A6935-nationwide/
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 5:39pm On Dec 23, 2024
Sunrisepebble:
I saw this but it didn’t seem like good enough news to me for it to be gaining 10% daily. I was thinking perhaps an acquisition news that isn’t yet out, but I think Dangote already owns a large stake through proxy

Are they still not set to delist from NGX to move to NASD?
They just acquired an Oil well or so..
I think it adds to the mix.
They will need funding so might have a rethink Delisting.

Someone even posted here that Ardova(Forte Oil) is staging a comeback.

They all need funding n visibility.. Sector is getting competitive
Re: Nigerian Stock Exchange Market Pick Alerts by Picky1: 5:53pm On Dec 23, 2024
Sunrisepebble:
I saw this but it didn’t seem like good enough news to me for it to be gaining 10% daily. I was thinking perhaps an acquisition news that isn’t yet out, but I think Dangote already owns a large stake through proxy

Are they still not set to delist from NGX to move to NASD?
Please where is the best platform to take up the bank rights, FBNH/UBA - NGX or Registrar's website?
Comments/Input from anyone with similar experience is appreciated! cool
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