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Nigerian Stock Exchange Market Pick Alerts - Investment (874) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 1:22pm On Jun 04, 2015
I wish I was more liquid enough.
Bargains all over the floor of the Exchange!
Re: Nigerian Stock Exchange Market Pick Alerts by dcal001: 1:26pm On Jun 04, 2015
OakPearl:
I wish I was more liquid enough.
Bargains all over the floor of the Exchange!
Like?
Re: Nigerian Stock Exchange Market Pick Alerts by cornwall: 1:33pm On Jun 04, 2015
myjoy08:



Sir, am a mechanic in NSE ... grin (Kidding) lol

No sir, you are actually Stockbull's alter ego
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 1:39pm On Jun 04, 2015
dcal001:

Like?
Most of them are now trading below their support levels=quick cash at the slightest upward swing.
However, beyond that, Berger Paints is stubbornly refusing to shed any kobo yet probably because of a bumper dividend of N0.75 coming this month! If not for the bears at the moment, this should be heading to N15-N20 by now!
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 1:48pm On Jun 04, 2015
Every thing is bleeding from the nose on NSE.....................
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 1:49pm On Jun 04, 2015
angelo82:
Every thing is bleeding from the nose on NSE.....................
grin grin grin grin grin grin grin grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 1:50pm On Jun 04, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 1:54pm On Jun 04, 2015
On NSE website,Costain has not recorded any trade and no update of price movement..........Why?....Because on Meritrade you can see that it has traded many units around 1.01......................
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 1:55pm On Jun 04, 2015
angelo82:
On NSE website,Costain has not recorded any trade and no update of price movement..........Why?....Because on Meritrade you can see that it has traded many units around 1.01......................
Matters arising...
Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 1:59pm On Jun 04, 2015
Where is my bullion van? Loading time ti de!!!
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:12pm On Jun 04, 2015
megainvest:
Where is my bullion van? Loading time ti de!!!

Sir, success in stock market is determined by the sum of all our wins and losses. We are winning the game for sure grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 2:13pm On Jun 04, 2015
megainvest:
Where is my bullion van? Loading time ti de!!!
Lesson #1: Always keep reserve cash (Liquidity) for days like this, for they come like a thief in the night!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Aks(m): 2:17pm On Jun 04, 2015
angelo82:
On NSE website,Costain has not recorded any trade and no update of price movement..........Why?....Because on Meritrade you can see that it has traded many units around 1.01......................


I always laugh when i see guys counting their gains in volatile stocks like Costain, Eterna, ABC trans, Vono etal. Banking on these kinda stocks is like dancing on a thin rope. Profit taking is not guaranteed cos of the low volume of transactions unless you are extra smart and not greedy
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 2:20pm On Jun 04, 2015
Not much but I made 7% the next day after buying Vitafoam..............Just that anything build on speculation is not reliable..............



Aks:


I always laugh when i see guys counting their gains in volatile stocks like Costain, Eterna, ABC trans, Vono etal. Banking on these kinda stocks is like dancing on a thin rope. Profit taking is not guaranteed cos of the low volume of transactions unless you are extra smart and not greedy

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by cornwall: 2:22pm On Jun 04, 2015
Something is cooking at wemabank!
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 2:25pm On Jun 04, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:40pm On Jun 04, 2015
Bear in action!
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 2:46pm On Jun 04, 2015
It seems you love bear so much.....................I love some bear too........You know bear is actually where the money comes from...........Patience is the code of bear and bull...............




Chibuking81:
Bear in action!
Re: Nigerian Stock Exchange Market Pick Alerts by cornwall: 2:48pm On Jun 04, 2015
angelo82:
http://nairametrics.com/amcon-has-a-staggering-n100-billion-worth-of-shares-in-these-banks/

Thanks I know about amcon's shares in these banks. But I hope you know amcon will not sell its shares in all the banks at the same time...
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:10pm On Jun 04, 2015
angelo82:
Every thing is bleeding from the nose on NSE.....................
R

I sold 1/3 units of my betaglass at d maximum allowable price for d day - Thank you Jesus.

I wouldnt HV sold BT I needed to free up some cash for another deal

Caveat: watch before u leap in d banking stocks. I expect it to go lower.
My eyes are on forte oil, afriprud, ubacap, etc

Access interim div loading, BT am afraid, e be like say dem follow for d banks wet amcon wan offload their shares.

Driver, plz take me outtta here. Vrooooooam!
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by daemperor1(m): 3:27pm On Jun 04, 2015
angelo82:
On NSE website,Costain has not recorded any trade and no update of price movement..........Why?....Because on Meritrade you can see that it has traded many units around 1.01......................
I observed from my itrade platform, which is still open, that Costain traded 11,530 units and shed 0.05k.

On Vitaform- though it fell to as low as N5.02k and closed at N5.29k.I noticed that the price jumped from N5.02k to N5.29k @ exactly 14:28:56pm with over 1.2m units traded. Could this be the handiwork of their market makers?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:30pm On Jun 04, 2015
If am target a bank this bear (beer grin) period, that bank should be UBA.
Note, bluechip are d first to bounce bank after long bear period. Choose a battered strong stock with a good fundermental.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:32pm On Jun 04, 2015
daemperor1:

I observed from my itrade platform, which is still open, that Costain traded 11,530 units and shed 0.05k.

On Vitaform- though it fell to as low as N5.02k and closed at N5.29k.I noticed that the price jumped from N5.02k to N5.29k @ exactly 14:28:56pm with over 1.2m units traded. Could this be the handiwork of their market makers?

Saibuhari is at work.
Since u have noticed his modus operandi, u devise ways to work with him
grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:34pm On Jun 04, 2015
mercylicious:
If am target a bank this bear (beer grin) period, that bank should be UBA.
Note, bluechip are d first to bounce bank after long bear period. Choose a battered strong stock with a good fundermental.


Sister, if you are not fearful, i will suggest you look at the way of ACCESS too. Some drama will unfold in that bank soon in terms of uptrend and upsides potential grin. Remember, it is just a suggestion lol. The interim dividend might be more than projected (increase) but not certain.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by saibuhari(m): 3:44pm On Jun 04, 2015
Aks:
@SaiBuhari - I don't think your are spot on on your prediction this time (I may be wrong though). Based on your suggestion, i bought few shares of Vitafoam but had to opt out yesterday @ same price i bought - 5.25 (Incurred only broker's fee). The bear may rule the market for some days IMO. @all - please trade carefully and not not play with your real cash by throwing caution to the WIND

My Oga, pls check my post again. I gave time frame of on or before October for Vitafoam to achieve target. What you saw today in the market is across board. When the whole issue of policy direction of Buhari is known, things will change. And for the pendulum in Vitafoam, worry not whenever you see such pendulum.
Re: Nigerian Stock Exchange Market Pick Alerts by alajimeche: 3:57pm On Jun 04, 2015
Blood on the floor!!!! OANDO why na? I dey expect big returns on this share as i am fully loaded on it since 1914.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by saibuhari(m): 4:51pm On Jun 04, 2015
myjoy08:



Sister, if you are not fearful, i will suggest you look at the way of ACCESS too. Some drama will unfold in that bank soon in terms of uptrend and upsides potential grin. Remember, it is just a suggestion lol. The interim dividend might be more than projected (increase) but not certain.

@Myjoy. What drama are you talking about that will happen in Access? Please give a clue. Thank you.
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 5:10pm On Jun 04, 2015
Access is going down a little below 5 and thats just the only and best time for traders to buy...............And as per Amcon issue,Access is number on their list..............Somethings tells that Chike has started offloading Amcon shares already because he said something like it will be done at the right time.............Amcon offloading will affect all the banks and also companies indebted to them,if I could recall the detail of the acquisition of sick bank and acquisition of bank bad loans from all the banks.............I have sold all my FBNH,the last batch that I bought at 9 and I am waiting for some stocks to touch their low..............Most blue chip stocks are the best to buy in bear time because they will recover fast......If UBA,FBNH and Access can touch a new low,it will be the best time to make a kill within short period................This offloading might take some days............Best strategy is to have cash sitting in your broking account and rush in as soon as they hit their low.........Its gravitational,they will definitely come up......Afriprud is good too if it go below 2.40........These are tested and proven shares that I have made profits........The trend is repeating itself...........




mercylicious:

R

I sold 1/3 units of my betaglass at d maximum allowable price for d day - Thank you Jesus.

I wouldnt HV sold BT I needed to free up some cash for another deal

Caveat: watch before u leap in d banking stocks. I expect it to go lower.
My eyes are on forte oil, afriprud, ubacap, etc

Access interim div loading, BT am afraid, e be like say dem follow for d banks wet amcon wan offload their shares.

Driver, plz take me outtta here. Vrooooooam!
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Yem0350: 5:26pm On Jun 04, 2015
NPFMCRFBK did magic today. The stock was trading @ 1.04 till around 14:25. Within a minute, d tin jst rose to 1.14 and gained 4%. This NSE, the more u look, d less u c
Re: Nigerian Stock Exchange Market Pick Alerts by jp130(m): 5:39pm On Jun 04, 2015
Dis oand, weti de wrk am?
Re: Nigerian Stock Exchange Market Pick Alerts by davide470(m): 5:42pm On Jun 04, 2015
Have you all seen this!!!!

Par value now 0.01NGN (1kobo) as against 50kobo.. cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 5:55pm On Jun 04, 2015
davide470:
Have you all seen this!!!!

Par value now 0.01NGN (1kobo) as against 50kobo.. cheesy

WOW!!!

NOW THE PARTY IS JUST ABOUT TO START! cheesy cheesy

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