₦airaland Forum

pluto09:
Na normal thing.
Bull equals noise and excitement.
Some are already nursing their wounds even though the bear has not yet started.

😀😀😀 True.

7% loss in one month, and bear hasn't started?

How much loss are you expecting?

No be every time market go do wild crash na.

Average PE is still below 10, so these price levels should be sustained or even elevated.


I reiterate that the market will find support above 140k.

Nigeria's stability index...not looking good for investors.

https://thesun.ng/nigeria-tagged-critical-as-new-report-flags-rising-economic-political-instability/

awesomeJ:
😀😀😀 True.

7% loss in one month, and bear hasn't started?

How much loss are you expecting?

No be every time market go do wild crash na.

Average PE is still below 10, so these price levels should be sustained or even elevated.


I reiterate that the market will find support above 140k.

Psychological support for ASI is 145,000
Let's see if it will be actualized in the coming days.
My take,if 145k holds strong,we will see 150k level by 31st December.This is what I pray for.

Currently sitting at 143k.If this 143k is broken,we may see support at 138k.At this level,we may be in for a longer beers(days of no activities)

Today,keep your eyes on ASI
Keep your eyes on insurance stocks,banks ,consumer/conglomerate.

Watch out for volumes of higher high and higher low which signifies bull is coming.

Make Technicals your friend now.
If general bull fails,there will be individual stock bull which will be led by technicals/historical charts.

Plan your trade and trade your plan

Locotrader:
Today,keep your eyes on ASI
Keep your eyes on insurance stocks,banks ,consumer/conglomerate.

Watch out for volumes of higher high and higher low which signifies bull is coming.

Make Technicals your friend now.
If general bull fails,there will be individual stock bull which will be led by technicals/historical charts.

Plan your trade and trade your plan

For those trading bank stocks
Keep your eyes on stocks that has traded heavily in the last 10 days(volume spikes)

This is good for Momentum traders like Agba(chop and clean mouth)

When I grow up,I will like to be a momentum trader


Na here big ogas go hide dey shout bears like tomorrow no dey

awesomeJ:
How hard is it for you to comprehend.

New law is better is the point?

What affects the fortunes and purchasing power of investors is what matters!
Not the English or figures written in a piece of paper.

By the way, just try and make your point and stop using words that denigrate people's intelligence just because they disagree with you.

chimex38:
Nigeria's stability index...not looking good for investors.

https://thesun.ng/nigeria-tagged-critical-as-new-report-flags-rising-economic-political-instability/

Una dey see whr all the disgraced matters dey here.They talk political, economy etc And ngx follow for the economy aspect

mikeapollo:
What affects the fortunes and purchasing power of investors is what matters!
Not the English or figures written in a piece of paper.

By the way, just try and make your point and stop using words that denigrate people's intelligence just because they disagree with you.

I'm sorry boss. I was foolish to have sounded like that. Apologies!

awesomeJ:
😀😀😀 True.

7% loss in one month, and bear hasn't started?

How much loss are you expecting?

No be every time market go do wild crash na.

Average PE is still below 10, so these price levels should be sustained or even elevated.


I reiterate that the market will find support above 140k.

I don't bother myself predicting the direction of the market.
I just know that stock markets operate in a cycle,bull-bear.
We have been experiencing bull for the past 3 years, while it is possible for the bull run to continue,I also know it is possible for the bear to take charge.

awesomeJ:
I'm sorry boss. I was foolish to have sounded like that. Apologies!

One love!.
Just continue to be ''awesomej' by making the billions and trillions of naira and USD!. That is what we all hope to achieve here in the market!

pluto09:
I don't bother myself predicting the direction of the market.
I just know that stock markets operate in a cycle,bull-bear.
We have been experiencing bull for the past 3 years, while it is possible for the bull run to continue,I also know it is possible for the bear to take charge.

Yes sir.
But the stock market also has underlying fundamentals unlike Bitcoin that is showing me shege 😁😁

If companies keep growing their earnings, their valuations can keep rising sustainably hence we can have sustainer bulls.

That's my point.

Except for times when the market gets overpriced and we expect corrections.

But nothing says bulls cannot be perpetual if earnings keep rising.

mikeapollo:
One love!.
Just continue to be ''awesomej' by making the billions and trillions of naira and USD!. That is what we all hope to achieve here in the market!

Yes.
If I was foolish once to speak wrongly,
I won't be foolish a second time by not admitting my wrongdoing.


Let's keep enjoying engagements from everyone in love.

https://www.youtube.com/watch?v=Pxb1dfYfKiM

A few stocks I'd be watching closely in today's trading session

Pidgin English audio below.

https://open.spotify.com/episode/1IhNVLmX88BJiPobtddQOy

pluto09:
I don't bother myself predicting the direction of the market.
I just know that stock markets operate in a cycle,bull-bear.
We have been experiencing bull for the past 3 years, while it is possible for the bull run to continue,I also know it is possible for the bear to take charge.

Jesus will not come until the gospel is preached to all parts of the world.some people are still yet to receive the gospel.

For ngx,bears will not come until bull touches every sector.
You can see NCR receiving her own bull now.
There are few stocks yet to feel the bull.
When they are touched,bears can set in.The bull is still patient waiting for it's cycle to be completed

Stocks trading @ 52wks high should be avoided now.They are excluded from the Santa Claus bull

Don't pray for bears now because we are going to have a very long bears.Only traders can ride the bears because each downward will have a strong support/reversal and the downward continues.
Smart traders will still make money in all.

ELLAHLAKES #14 in the market...any news on extention of public offer?

awesomeJ:
Yes sir.
But the stock market also has underlying fundamentals unlike Bitcoin that is showing me shege 😁😁

If companies keep growing their earnings, their valuations can keep rising sustainably hence we can have sustainer bulls.

That's my point.

Except for times when the market gets overpriced and we expect corrections.

But nothing says bulls cannot be perpetual if earnings keep rising.

Yes, that is a major difference between crypto and stocks , the underlying business and numbers behind the quoted price.

Locotrader:
Jesus will not come until the gospel is preached to all parts of the world. some people are still yet to receive the gospel.

For ngx, bears will not come until bull touches every sector.
You can see NCR receiving her own bull now.
There are few stocks yet to feel the bull.
When they are touched,bears can set in.The bull is still patient waiting for it's cycle to be completed

Stocks trading @ 52wks high should be avoided now.They are excluded from the Santa Claus bull

Don't pray for bears now because we are going to have a very long bears.Only traders can ride the bears because each downward will have a strong support/reversal and the downward continues.
Smart traders will still make money in all.

We have our second ''prophet'' now

pluto09:
Yes, that is a major difference between crypto and stocks , the underlying business and numbers behind the quoted price.

I cannot put any serious money into Bitcoin. No substantive fundamentals to bank on.

Royalex

Waiting for insurance industry index actions.
If bids increase,N2 will be broken and 2.25 will be the next level

Pls how do i sell my PRESCO rights

Japaulgold
If Selling pressure dries up,the next level should be 2.30-2.32.
Watch this space closely

Princkez:
ELLAHLAKES #14 in the market...any news on extention of public offer?

No extension yet......
Let's see how it goes after 5th Dec first...
ELLAHLAKES @14.05/14.10 in market as at now ....
We don tell those looking for promising companies to align with the stock but na so so stories we dey read here.

yMcy56:
No extension yet......
Let's see how it goes after 5th Dec first...
ELLAHLAKES @14.05/14.10 in market as at now ....
We don tell those looking for promising companies to align with the stock but na so so stories we dey read here.

We are waiting at 6-7

22 billion outstanding is still a lot.
Ellah at 65naira will make it valued equal to present Presco.

Locotrader:
Japaulgold
If Selling pressure dries up,the next level should be 2.30-2.32.
Watch this space closely

Sellers responding to dryness.
Buyers needs to add strength.
Trading set up is good for full bid if buyers responds to the available offers.
This is purely technicals.
Speculations is the driver

handsomebolanle:
We are waiting at 6-7

22 billion outstanding is still a lot.
Ellah at 65naira will make it valued equal to present Presco.

Good.
All way na way..
Just the same way you might have waited @50kobo when it was trading @3......
Just like Peterichy.....😊

NCR not backing down yet....
Full bid @66.10...
Looks like it still have long way to go.....Up
Very small OS and small free float.....
The MM should not be tired of dropping the 100k single units needed to keep it moving. 😊

Like EUNISELL like NCR like M.....

These are the junks that have delivered what their fundamental stocks haven't.......in a space of short periods.

IKEJAHOTEL moved from below N1 to settle at around 3; later moved to settle at around 6/7..
As at yesterday, it closed @31+......

yMcy56:
No extension yet......
Let's see how it goes after 5th Dec first...
ELLAHLAKES @14.05/14.10 in market as at now ....
We don tell those looking for promising companies to align with the stock but na so so stories we dey read here.

How many units for the PO have the management picked. How many u don buy too lol
When the PO finish all the manipulation go end.Then it will enter speed lane to bottom

Second day speed lane to vanish for ngx.
Disgraced nation na your mate .It can only produce disgraced economy

Streetinvestor2:
How many units for the PO have the management picked. How many u don buy too lol
When the PO finish all the manipulation go end.Then it will enter speed lane to bottom

Oga Street, I don read your "disgraced nation" rhetoric and repetitive posts tired......😁
If not because I know that you're a big man, I for think say you're paid to do so.
But you're Biafran4life and you're a big player.

Try and make use of the available PO before it closes o.
How many can someone like me with kobo portfolio buy nah......but we'll all see how it fairs in the end.
One party will be right while another will be wrong.
It's going to be for the patient ones.

NettyNelly:
Pls how do i sell my PRESCO rights

On the form, fill in the (C) renunciation section.
Under (C) in number (iii) fill the section, enter your bank account.

Send mail to your broker instructing them that you want to sell your shares.

handsomebolanle:
We are waiting at 6-7

22 billion outstanding is still a lot.
Ellah at 65naira will make it valued equal to present Presco.

This man sef