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Nigerian Stock Exchange Market Pick Alerts - Investment (10729) - Nairaland

Nairaland ForumNairaland GeneralInvestmentNigerian Stock Exchange Market Pick Alerts (16123073 Views)

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Re: Nigerian Stock Exchange Market Pick Alerts by Asangbekoko: 1:20pm On Jul 08
yMcy56:
Once upon a time, same AIRTEL was on full offer at below 2000 with no one willing to buy.....
So I guess, time and season happeneth to them all.....😊
Reverend Mcy grin
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:22pm On Jul 08
awesomeJ:
AIRTELAFRI helps the market reclaim 240k.

It's great to know this index as much as I do.

Those saying election election, you should have picked when you had the chance.
Let see what happens from now till January election. You see the way crude goes up and down because of trump/other guy talks is what will be happening. Even alhaji ipo fit no happen this yr.
The election uncertainty has not dead out.it will be on and off thing
Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 1:25pm On Jul 08
Streetinvestor2:
Let see what happens from now till January election. You see the way crude goes up and down because of trump/other guy talks is what will be happening. Even alhaji ipo fit no happen this yr
I'm good with the swings, matter of fact, I prefer it. but 220k will hold everytime.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:30pm On Jul 08
awesomeJ:
I'm good with the swings, matter of fact, I prefer it. but 220k will hold everytime.
Even with that uncertainty the worst it could do is 200k.That is because those companies fundamentals did not change based on quater results as they have improved results.
But if street turns red after election to unimaginable position. Na buy one and get two go happen...lol....street analysis
Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 1:39pm On Jul 08
Streetinvestor2:
Even with that uncertainty the worst it could do is 200k.That is because those companies fundamentals did not change based on quater results as they have improved results.
But if street turns red after election to unimaginable position. Na buy one and get two go happen...lol....street analysis
Exactly!
Re: Nigerian Stock Exchange Market Pick Alerts by kintus(m): 2:03pm On Jul 08
What is happening with the stock.

Went as high as 3.57

ojeysky:
Those selling ftginsure may not realize they are looking at price after consolidation, broker go soon do account balancing and actual smaller units go land. They should keep dipping it sha maybe it will get to 1 naira again sha
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 2:20pm On Jul 08
In March, 2008 OANDO recorded all time high at a price of ₦282.77.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
kintus:
What is happening with the stock. Went as high as 3.57
Reconstruction. 1:4
Anyone buying at yesterday's closing price of 2.61 is actually buying it @0.65k
I think it's presently selling at a discount.

Post reconstruction price was N3.57 and post reconstruction OS is now around 3.2bn (pre-reconstruction around 12.9bn OS)

https://doclib.ngxgroup.com/Financial_NewsDocs/47190_FORTIS_GLOBAL_INSURANCE_PLC-PUBLIC_NOTICE_OF_SHARE_CAPITAL_RECONSTRUCTION_CORPORATE_ACTIONS_JUNE_2026.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 2:24pm On Jul 08
kintus:
Zenith traded value is something else....what is happening there? shocked shocked shocked
Over 9bn was traded yesterday
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:28pm On Jul 08
thebargainhunte:
In March, 2008 OANDO recorded all time high at a price of ₦282.77.
You wan kee person with this info? grin
Re: Nigerian Stock Exchange Market Pick Alerts by HesInMe: 2:32pm On Jul 08
Dis kain bear market. As soon as I put in a buy order, the price jumps!

Ginalex:
Over 9bn was traded yesterday
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:35pm On Jul 08
ACCESS no wan gree for anybody o...
Is this in anticipation of hope for interim dividend??
Presently selling around 24.50/24.75 in market...
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:38pm On Jul 08
yMcy56:
ACCESS no wan gree for anybody o...
Is this in anticipation of hope for interim dividend??
Presently selling around 24.50/24.75 in market...
Traders have resumed activities grin
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:44pm On Jul 08
yMcy56:
ACCESS no wan gree for anybody o...
Is this in anticipation of hope for interim dividend??
Presently selling around 24.50/24.75 in market...
Access Bank is very good at current price like when GTB was stagnating at N17-N18 some years ago. If their Q2 result is good, it will jump higher to around N30-N35
Just praying it stays this low so I can buy more.
Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 2:45pm On Jul 08
BARGAIN HUNTERS TAKE NOTE!! grin grin
thebargainhunte:
In March, 2008 OANDO recorded all time high at a price of ₦282.77.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:52pm On Jul 08
mikeapollo:
Access Bank is very good at current price like when GTB was stagnating at N17-N18 some years ago. If their Q2 result is good, it will jump higher to around N30-N35
Just praying it stays this low so I can buy more.
This your 5-year MH grin
Re: Nigerian Stock Exchange Market Pick Alerts by Jaakay: 2:57pm On Jul 08
Japaul doing the lords work. Any hope for the result soon?
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:01pm On Jul 08
Agbalowomeri:
This your 5-year MH grin
I no dey do MH ooo. I neither believe nor see any sense in doing MH.

CBN regulation, shareholder pressure and competition in the banking industry cannot allow Access to slack beyond 2 years, maximum!
Just like it happened to FBN , Wema etc
5 years ke?
Re: Nigerian Stock Exchange Market Pick Alerts by Asangbekoko: 3:04pm On Jul 08
Who else has discovered Renmoney Micro Finance Bank that pays 28% interest on Savings account, coupled with the fact that you can also withdraw your money at will?
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:20pm On Jul 08
₦1550 cool

megawealth01:
ARADEL na ogbanje. E no wan bend for the Ogas grin
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:22pm On Jul 08
kintus:
Zenith traded value is something else....what is happening there? shocked shocked shocked
Are you just noticing? For the past 2–3 days, it has been the highest-traded stock by value, accounting for more than 20% of the market's traded value each day.

In fact, over the last three days, just five stocks have accounted for more than 65% of the total value traded. The current market is highly concentrated in a handful of stocks.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:28pm On Jul 08
ositadima1:
Are you just noticing? For the past 2–3 days, it has been the highest-traded stock by value, accounting for more than 20% of the market's traded value each day.

In fact, over the last three days, just five stocks have accounted for more than 65% of the total value traded. The current market is highly concentrated in a handful of stocks.
Meaning the recovery is fake grin

More woundjurement incoming
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:32pm On Jul 08
Ok Sir
deathwing:
BARGAIN HUNTERS TAKE NOTE!! grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 3:37pm On Jul 08
Agbalowomeri:
Meaning the recovery is fake grin

More woundjurement incoming
grin grin grin
with 230k as an equilibrium position, let's continue on a simple harmonic motion with 30k amplitude!
Re: Nigerian Stock Exchange Market Pick Alerts by Rosebell(f): 3:40pm On Jul 08
I have atoshi for sales
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:41pm On Jul 08
Agbalowomeri:
Meaning the recovery is fake grin

More woundjurement incoming
That is your interpretation or wish, or both? grin
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:41pm On Jul 08
Agbalowomeri:
Meaning the recovery is fake grin

More woundjurement incoming
Not really. That is actually how the NGX operates. On roughly 70%–80% of trading days, just five stocks account for more than 50% of the total value traded. The NGX is highly concentrated in stocks like ARADEL, ZENITHBANK, MTNN, and GTCO.

I pulled data covering the last 150 trading days (and I can go back even further with my dataset) and ran a Python script. You can independently verify it as well.

This suggests that if you have very large amounts of capital, these stocks can absorb your orders much more easily. That said, I don't think they are particularly volatile, but I'll check that later.

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:42pm On Jul 08
A world that two nations determine activities especially in FINANCE 😔

Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 3:43pm On Jul 08
Please contact @Agbalowomeri. He likes buying that kind of asset. grin
Rosebell:
I have atoshi for sales
Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 3:45pm On Jul 08
Wickedness factorial! grin
Agbalowomeri:
Meaning the recovery is fake grin

More woundjurement incoming
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:50pm On Jul 08
Leave Agba na BEARS PREDICTION ANALYST grin
mikeapollo:
That is your interpretation or wish, or both? grin
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:51pm On Jul 08
megawealth01:
A world that two nations determine activities especially in FINANCE 😔
I said it here that the war will resume when some people were jubilating, lol. You need to read between the lines to see what is happening. The USA will not back down, not just because of shame and hubris, but also because they need the petrodollars.

It is a fight for survival for the USA as much as it is for Iran.

The AI bubble is loading, and they need the petrodollar to keep the funding flowing.
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