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Nigerian Stock Exchange Market Pick Alerts - Investment (10704) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (16079428 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by Itzlinda(f): 8:15pm On Jul 01
mikeapollo:
You people are the ones that want to make some folks cry on this forum! They say you people should say your ''evil and bad'' prayers and wishes quietly to yourselves in one corner. They don't want to read or hear them here because they bought those stocks at very high prices but you want the price to crash D grin
grin grin grin

But it's not as though this hasn't happened before. Zenith Bank has returned to test its 50-week moving average every single year over the past five years, so this is nothing new.

The good thing is that moving averages are dynamic they keep rising over time. The market may simply trade sideways between 95 and 105 until the 50-week moving average catches up.

Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 8:51pm On Jul 01
With a cost basis of around N40 in ZENITH (with a large chunk taken during the 2024 PO), some of us are well positioned in the bus.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:57pm On Jul 01
Itzlinda:
grin grin grin

But it's not as though this hasn't happened before. Zenith Bank has returned to test its 50-week moving average every single year over the past five years, so this is nothing new.

The good thing is that moving averages are dynamic they keep rising over time. The market may simply trade sideways between 95 and 105 until the 50-week moving average catches up.
So, why is this happening? If you can explain it, not just describe it, but explain why the stock behaves that way, then you have a money-printing business.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:01pm On Jul 01
Don't chase after the market... grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:03pm On Jul 01
What a life!!!

Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 10:28pm On Jul 01
Thats my prayers for Access bank.
It should wait for me at its current price biko.

mikeapollo:
If Access stays around current price till end of July, I would like to load more before they release Q2 results.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:34pm On Jul 01
Prayer warrior grin
faoogoke:
Thats my prayers for Access bank.
It should wait for me at its current price biko.
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:00am On Jul 02
Senegal out cry cry cry cry

Morrocco keep the flame
Re: Nigerian Stock Exchange Market Pick Alerts by Ladasha: 4:38am On Jul 02
Hello investors,

Which 2 stocks would you buy today if you're targeting capital appreciation and ready to hold the investment for 5 years? Please your input would be greatly appreciated.
Re: Nigerian Stock Exchange Market Pick Alerts by searchng4love: 4:39am On Jul 02
This mysterious bank aggressively marketed a premium, ₦50.00 Rights Issue to the public. The moment the billions in cash were safely locked onto their balance sheet to clear the CBN recapitalization line, they immediately dropped a brutal, ₦331 billion impairment bomb. That completely crushed the full-year net profit by over 47%, wiped out the final dividend entirely, and allowed the share price to tank 24% below what subscribers just paid



Be careful where you put your cash going forward
Re: Nigerian Stock Exchange Market Pick Alerts by Jaakay: 5:50am On Jul 02
UB*
searchng4love:
This mysterious bank aggressively marketed a premium, ₦50.00 Rights Issue to the public. The moment the billions in cash were safely locked onto their balance sheet to clear the CBN recapitalization line, they immediately dropped a brutal, ₦331 billion impairment bomb. That completely crushed the full-year net profit by over 47%, wiped out the final dividend entirely, and allowed the share price to tank 24% below what subscribers just paid



Be careful where you put your cash going forward
Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 6:03am On Jul 02

https://www.youtube.com/watch?v=smX3gkwU4Ys

Here are a few stocks I'd be watching closely in today's trading session on the NGX
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:33am On Jul 02
Itzlinda:
grin grin grin

But it's not as though this hasn't happened before. Zenith Bank has returned to test its 50-week moving average every single year over the past five years, so this is nothing new.

The good thing is that moving averages are dynamic they keep rising over time. The market may simply trade sideways between 95 and 105 until the 50-week moving average catches up.
Crypto people don come o grin
Re: Nigerian Stock Exchange Market Pick Alerts by ppogba: 7:10am On Jul 02
Jaakay:
UB*
If you add A, na you Sabi.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:07am On Jul 02
grin
Agbalowomeri:
Crypto people don come o grin
Re: Nigerian Stock Exchange Market Pick Alerts by Meerahbel: 9:09am On Jul 02
Oil and bank stocks.
Ladasha:
Hello investors,

Which 2 stocks would you buy today if you're targeting capital appreciation and ready to hold the investment for 5 years? Please your input would be greatly appreciated.
Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 9:23am On Jul 02

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 9:27am On Jul 02
C[b] CBN Revoke Licence of 46 Microfinance Banks[/b]

* Check if your MFB is there

https://www.facebook.com/100069189460128/posts/1343642374618732/?app=fbl
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 9:31am On Jul 02
TARGET TECHNICAL MARKET COMMENT
Our fundamentals is telling us tat market is likely to fall today again.

Reason, a major buyer of falling stocks is stopping buying and looking to join the selling side?

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:35am On Jul 02
Ding grin
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
Ladasha:
Hello investors,

Which 2 stocks would you buy today if you're targeting capital appreciation and ready to hold the investment for 5 years? Please your input would be greatly appreciated.
* MTNN, ARADEL, DANGCEM, PZ if you're a big player.....
* DANGSUGAR, NASCON too....if you can get DANGSUGAR around or below RI price...
* Banks: FBNH, FCMB below 10.....(Na wetin I fit buy for now be that)
** You can watch out for bottoming of NGX GROUP too, because of the listing of DANGOTE REFINERY

If you're a small player, indicate first before I mention am....😊
Re: Nigerian Stock Exchange Market Pick Alerts by Blackman101: 9:40am On Jul 02
This market has become very bloody
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
These ARADEL guys are really vexing....
Who vex them like this? shocked
Thank God it's not OANDO, the pages of this thread for don almost reach 2000 by now....😁

Anyway, ARADEL is presenting very good opportunities as from today sha.....
Serious bargainers should be picking....
Not talking about Peter's bargain hunters o.

This ARADEL is still going back to 1900/2000..... tongue
The big players are also watching as you're dumping it....

*At this point (@ today's low, N1148.30), I won't advice anyone holding it to sell again.....
If you have funds, keep watching it in order to pick more.....
** Remember this is still my opinion and you're the CEO of your portfolio.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:45am On Jul 02
Ladasha:
Hello investors,

Which 2 stocks would you buy today if you're targeting capital appreciation and ready to hold the investment for 5 years? Please your input would be greatly appreciated.
If you are looking at 5 solid years: Look for stocks that have good potential, but currently undervalued and not doing too well.
One sure bet: Access Bank.
The other is: Insurance stocks:
Another one is: Oando (but very controversial, it has good potential if you have the MIND to wait and shoulder all the risks)
Another one: Japaul
Re: Nigerian Stock Exchange Market Pick Alerts by toyeoye(m): 9:52am On Jul 02
📉 VFDGROUP just touched a new 52-week low intraday. The stock falls to ₦9.50, matching its lowest price in the past year

Re: Nigerian Stock Exchange Market Pick Alerts by Ocallen: 9:55am On Jul 02
toyeoye:
📉 VFDGROUP just touched a new 52-week low intraday. The stock falls to ₦9.50, matching its lowest price in the past year
STOCKPROMOTER, where at thou?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 9:58am On Jul 02
mikeapollo:
If you are looking at 5 solid years: Look for stocks that have good potential, but currently undervalued and not doing too well.
One sure bet: Access Bank.
The other is: Insurance stocks:
Another one is: Oando (but very controversial, it has good potential if you have the MIND to wait and shoulder all the risks)
Another one: Japaul
Your list is also good.......but this is for high risk takers , aside ACCESS anyway.
I think for someone targeting 5years, fundamentally sound dividend paying stocks should be better.
Re: Nigerian Stock Exchange Market Pick Alerts by Zeewirld: 10:00am On Jul 02
toyeoye:
📉 VFDGROUP just touched a new 52-week low intraday. The stock falls to ₦9.50, matching its lowest price in the past year
..I hope it drops below N8 so that I can load more.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:04am On Jul 02
yMcy56:
Your list is also good.......but this is for high risk takers , aside Access anyway.
I think for someone targeting 5years, fundamentally sound dividend paying stocks should be better.
The OP's target is capital appreciation; he did not mention dividends.
Read the post
Re: Nigerian Stock Exchange Market Pick Alerts by Bizibi(m): 10:21am On Jul 02
yMcy56:
* MTNN, ARADEL, DANGCEM, PZ if you're a big player.....
* DANGSUGAR, NASCON too....if you can get DANGSUGAR around or below RI price...
* Banks: FBNH, FCMB below 10.....(Na wetin I fit buy for now be that)
** You can watch out for bottoming of NGX GROUP too, because of the listing of DANGOTE REFINERY

If you're a small player, indicate first before I mention am....😊
fbnh will be hot stock this year.
I am interested in loading fcmb but still don't know much about that bank.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:27am On Jul 02
Nawaho... I'm trapped grin
Zeewirld:
..I hope it drops below N8 so that I can load more.
Re: Nigerian Stock Exchange Market Pick Alerts by ogawisdom(m): 10:32am On Jul 02
What is all these talks about interim dividend in July thought it's usually around October -November

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