Nigerian Stock Exchange Market Pick Alerts - Investment (10706) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by ogawisdom(m): 1:20pm On Jul 02 |
ZENITH will certainly stay below 100 tomorrow, already touched 99.70 today, when i predicted it in April many people laughed it off, the way it is going even sub 90 is possible. let me get ready to take a second tranch of Zenith as i continue to observe the dip getting dipper, dippest ![]() Except an institutional investors or HNI enters the market this is far from over. The confidence in the market is LOW because of too many ignorant investors doing herds mentality |
| Re: Nigerian Stock Exchange Market Pick Alerts by vibesdot001(m): 1:27pm On Jul 02 |
Welcome on-board VFD group of holders, Use this small one quench thirst. ![]() megawealth01:
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| Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 1:32pm On Jul 02 |
Oando getting closer to agba predictions. E be like say agba tools don they work well well now. ![]() Bargain Hunter how far, I hope u are not trapped this time around. Person wey use oando don cast buy am cheap is about to vomit.. karma na bastard, solo u see God now..Expect another round of vexing from the guy, u go hear ngx na failure, ngx don scatter and more words like that.. ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 1:34pm On Jul 02 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Itzlinda(f): 1:38pm On Jul 02 |
Oando at 36 naira 😂😂😂 Thank God I jumped out as I no understand megawealth01 political calculation again 😂 |
| Re: Nigerian Stock Exchange Market Pick Alerts by ogawisdom(m): 1:39pm On Jul 02 |
Raider76:SELL kee when i want to buy more, its a marathon, Na 5 yrs holding period with patient fund. TIP gradually coming back home, we should hit sub 20 before long ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Itzlinda(f): 1:41pm On Jul 02 |
Aradel is a very good buy circa 1000. It seems that's where the bubble started so it might likely fully unwind at that level 😂 |
| Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 1:46pm On Jul 02 |
Itzlinda:Don't use your money to be doing kalo kalo, come and join us on the Access train |
| Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:02pm On Jul 02 |
Itzlinda:May una dey learn to stay for one place! Haba! This jump and jump can break person leg!. Political calculation wey never even start? |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:05pm On Jul 02 |
E don red for Wale plc ![]() Itzlinda: |
| Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:14pm On Jul 02 |
Today and tomorrow will present the BEST buying OPPORTUNITIES by next week we MOVE. Meanwhile DANG-CEMENT dividend just landed. BARGAIN HUNTERS TAKE NOTE! |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:20pm On Jul 02 |
PETERiCHY:Mine came unexpectedly cos I since sold the stock. I might have sold after qd. I go use that one hold body today. |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:22pm On Jul 02 |
Una go learn new things from next week eyi bargain hunters PETERiCHY: |
| Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:22pm On Jul 02 |
You should not take credit for this decline except you can lay claim to knowing the reason for the general decline in the market. All things being equal... ogawisdom: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:22pm On Jul 02 |
Coronation are generous givers Mpeace: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:24pm On Jul 02 |
Una go learn new things. Na people wey get money dey buy now ogawisdom: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:26pm On Jul 02 |
The reason for the decline no-go pass political calculations which MIGHT lead to the much anticipated bears season KarlTom: |
| Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:31pm On Jul 02 |
Itzlinda:You didn't jump out at #55 You didn't jump out at #50 You didn't Jump out at #45 it's now that OANDO is at #36 BARGAIN JUNCTION you jumped out ![]() BARGAIN HUNTERS TAKE NOTE!
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| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:31pm On Jul 02 |
![]() Safe journey as you "go there" mikeapollo: |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:33pm On Jul 02 |
I've grabbed my pop corn to enjoy the melodrama ![]() PETERiCHY: |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:34pm On Jul 02 |
KarlTom:Thank you ore mi |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:34pm On Jul 02 |
😂 PETERiCHY: |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:39pm On Jul 02 |
The street isn't smiling ![]() crownprince2017: |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 2:45pm On Jul 02 |
Market is now over 11% down fromits recent high. ASI at 224k yet lots of big caps stilll on full offers. Interesting. The more the pull back, the more room available for the next run. ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Beeron: 2:53pm On Jul 02 |
KarlTom:The reason for the decline is in plain sight. Correction mixed the implementation of T+1 and retail Investors greed. And I will explain why. So why do I say so? The last brief correction we had was back in October and November which was majorly as a result of the poor communication about Taxing the stock market, foreign investors were unsettled by it which spooked retail investors hence the brief correction. Fine and good. Things began to shape up around late December, it was a good run in January and suddenly February came: Breaking news —(Pension fund can now invest in the stock market) At that point, It was a rush to accumulate as much as you can accumulate, if you check now and look back to some not so good performing stocks, they came alive back in February buying spree even Oando, basically they did a rally and lost momentum. Actually, large cap should follow that patter to correct a little in March. I was expecting that to happen. But to my surprise, something else happened. Tick Tok, X, Nairaland and other social media began to hype how they making money in the stock market, most people turned to financial influencer and that was when the second phase of buying bagan in late March into April. I also noticed a pattern that was happening, which barely happen in NASDAQ and NYSE and what was that? Nigerians keeps buying even after most large cap stocks reached overbought level just like Tulip bubble in Holland. At the point, I became fearful because even Institutional money kept up with that unprofessional trading technique. When things was about to cool down, Iran and US war began which now made the oil sector joined the group chat. I swear to god ( funny how I am swearing to god eventhough I am Atheist lol) anyways, I swear I never thought ASI will get to 250k, the shit blew my mind because all I was seeing on my trade chart was Tulip bubble. Now the bubble finally poped and you telling me you don't know what caused it? |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:57pm On Jul 02 |
Una go gree run? ![]() Hope you are enjoying your sweet ride jare. It's better to enjoy than to see red get redder ![]() awesomeJ: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:58pm On Jul 02 |
Na the only two stocks wey red for my portfolio ![]() vibesdot001: |
| Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 3:01pm On Jul 02 |
megawealth01:average PE below 10 is what I consider healthy for this market. I think at 252k, we were already pushing above 12x. At 220k, or maybe 200k, the multiples are back to single digits and we can safely have another 20-30% run within healthy valuation bounds. Yes, I'm enjoying my car, but I'm enjoying my off grid system much more. cos I'm mostly indoors. ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 3:02pm On Jul 02 |
ogawisdom:No be you predict say Zenith go soon fly after you buy @110? You even attach screenshot join. Nobody is predicting/forecasting any dip in this market for now. The market is just on-eee-own ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:07pm On Jul 02 |
I understand. My fears for this market is may this not head to bears season because this FIT be warm up awesomeJ: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:08pm On Jul 02 |
Na speculation abi gamble sef ![]() chimex38: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:09pm On Jul 02 |
Just imagine something people money for car dey this market dey turn RED daily. It's well Nothing dey happen sha awesomeJ: |
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