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Nigerian Stock Exchange Market Pick Alerts - Investment (1157) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:27pm On Nov 05, 2015
lancee:



I agree with u ..oga @ the top ..u try from 30 naira grin

we re making money this yr

Why una dey quote 30; the guy started from 33, then average down at 28 and finally at 22 all with 90% of portfolio and the average purchase was merely 13!

Interestingly again he will join the train again at 18 when fuel don finish!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:29pm On Nov 05, 2015
Agbalowomeri:


Why una dey quote 30; the guy started from 33, then average down at 28 and finally at 22 all with 90% of portfolio and the average purchase was merely 13!


grin.. we no wan dey Dig out oo past postings .. OANDO will get to 10000000 naira
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 2:29pm On Nov 05, 2015
angelo82:
Anyone who sold Oando at 5.something will be sad now...........Never rush to take a decision when the situation is already bad................

lancee:
Thanks .. not that easy not to sell thou @ that time especially when dem prophet dey shout sell sell it will go ack to 3.50 ..sold some yester @ 6.80/6.90 ... decided to leave the rest for now

Like agba said when u re confused do nothing ..But u have to be strong ..when there is too much of naggin and re-posting same thing over and over

He sold @ great loss and they re looking for pple to sell theirs too @ greater loss grin..[consolation tinzs]

The God wey save people be say there were very low volume traded since the selldown began. It's only inexperience that will compel someone to listen to 'prophetic noise' as it was a no-brainer that Oando would not get to 50 kobo from 10 Naira because of bad result- na dem start am? Plus, Wale wouldn't allow something like that happen to his investment- not when price manipulation still exist in the stock market. If one of your investment principles is never to speculate with money you can't afford to lose you will hardly sell due to herd mentality.

Biko, I am not saying anyone should HOLD, SELL or BUY

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by mystockyear: 2:29pm On Nov 05, 2015
Agbalowomeri:

Why una dey quote 30; the guy started from 33, then average down at 28 and finally at 22 all with 90% of portfolio and the average purchase was merely 13!
Interestingly again he will join the train again at 18 when fuel don finish!

chaa,,, follower don suffer since 1850 grin
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:37pm On Nov 05, 2015
Agbalowomeri:


Why una dey quote 30; the guy started from 33, then average down at 28 and finally at 22 all with 90% of portfolio and the average purchase was merely 13!

Interestingly again he will join the train again at 18 when fuel don finish!



we no wan dey Dig out oo past postings .. OANDO will get to 10000000 naira

Don Bail out quietly grin

Jaaa !!

chai
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 2:43pm On Nov 05, 2015
currentprice:
then you will quickly remember how oceanic and intercontinental begin and end their journey

I remember what my broker said about Oceanic: "if you miss this Oceanic bank IPO, .... (I don forget the remaining part of the warning grin). Na the same eye I take dey look dis our lazy elephant. No be bank PHB own dem dey talk again.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 2:47pm On Nov 05, 2015
lancee:




we no wan dey Dig out oo past postings .. OANDO will get to 10000000 naira

Don Bail out quietly grin

Jaaa !!

chai
I still dey oooo..... It is either I swim or sink with my 2000units

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 2:48pm On Nov 05, 2015
Elai147:


I remember what my broker said about Oceanic: "if you miss this Oceanic bank IPO, .... (I don forget the remaining part of the warning grin). Na the same eye I take dey look dis our lazy elephant. No be bank PHB own dem dey talk again.
Bros, no allow mallamImam hear you oh

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by gbolah4real: 2:50pm On Nov 05, 2015
Like i talk before many ppl here have mago mago too much. Even though i disagree with somebody here wey talk make you no sell OANDO but wait for it to get to N250 (and the client be waiting at N10). I still give kudos to them for taking a position. What is your position on a matter don't come here and be neither hot nor cold!

OANDO is going down to sub N5 by December and sub N4 before Q1 ending. This does not stop bulls (mini or major) from taking place after a fall. That is why i advised someone here to sell now and buy at a lower price. This will help recoup lost monies.

I am not say BUY or HOLD. I am saying SELL. now

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 2:52pm On Nov 05, 2015
grin
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:55pm On Nov 05, 2015
A heavy glut of crude oil in the Atlantic basin kept differentials of Nigerian crude oil under pressure on Wednesday, with more than 60 million barrels of November and December cargoes available for purchase.

Differentials of competing light sweet crude oil from the North Sea were also weak and high freight costs made exporting to the Americas and Asia less attractive.

Also hampering exports of West African oil to India and China, typically among the biggest buyers, was a high premium of Brent to Dubai benchmarked crudes, which made West African oil less competitive relative to Middle Eastern grades.

A sharp fall in futures prices and strong refining margins for gasoline in the United States was seen supporting demand for light sweet Nigerian oil, traders said, though this had yet to be seen in the physical market.

[http://nairametrics.com/atlantic-basin-oil-glut-add-pressure-on-nigerian-crude/]
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 3:12pm On Nov 05, 2015
angelo82:
Anyone who sold Oando at 5.something will be sad now...........Never rush to take a decision when the situation is already bad................
Na people wey no get kidney for this biz.
I'm stuck with some oando I bought at 11.40, why should I come and sell at 5 when the company very much remains a going concern?
When caught in a bad JIJO like this, I grimace and consign to the impaired assets corner of my portfolio.
Then I try to sweeten the bitter cup a bit with grammar like, "I am a player in the upstream space of the petroleum industry".
Sounds powerful, at least to my own ears. grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:13pm On Nov 05, 2015
E get as this life be.

So union bank price is now higher than Fbn.

I entered the market today. First tranche down.
2nd tranche loading.
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 3:16pm On Nov 05, 2015
mercylicious:
E get as this life be.

So union bank price is now higher than Fbn.

I entered the market today. First tranche down.
2nd tranche loading
.

Plantain plantation harvest money don set abi?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by taiwoliu(m): 3:27pm On Nov 05, 2015
zendi:
Na people wey no get kidney for this biz.
I'm stuck with some oando I bought at 11.40, why should I come and sell at 5 when the company very much remains a going concern?
When caught in a bad JIJO like this, I grimace and consign to the impaired assets corner of my portfolio.
Then I try to sweeten the bitter cup a bit with grammar such as, "I am a player in the upstream space of the petroleum industry".
Sounds powerful, at least to my own ears.
i like dt bolden part
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 3:28pm On Nov 05, 2015
mercylicious:
E get as this life be.

So union bank price is now higher than Fbn.

I entered the market today. First tranche down.
2nd tranche loading.
Next could be Access, with these Q3 results.
Re: Nigerian Stock Exchange Market Pick Alerts by spicytayomic(m): 3:55pm On Nov 05, 2015
zendi:
Next could be Access, with these Q3 results.

Don't know the issue with Access, it has been going down anytime FBNH goes down and vice versa. He never get liver to over power the weak elephant
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 4:00pm On Nov 05, 2015
zendi:
Na people wey no get kidney for this biz.
I'm stuck with some oando I bought at 11.40, why should I come and sell at 5 when the company very much remains a going concern?
When caught in a bad JIJO like this, I grimace and consign to the impaired assets corner of my portfolio.
Then I try to sweeten the bitter cup a bit with grammar like, "I am a player in the upstream space of the petroleum industry".
Sounds powerful, at least to my own ears. grin

grin.............I don't have a cent in Oando stock but from my own view,I believe the company is just down but not out of business..............The funniest thing is Oando might be APC avenue to invest their loot.....................You are lucky as the stock will definitely reach your peak..................
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:09pm On Nov 05, 2015
spicytayomic:

Don't know the issue with Access, it has been going down anytime FBNH goes down and vice versa. He never get liver to over power the weak elephant

That shows the weakness of an Elephant can not be compared to the strongest of a Bufalo

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 4:42pm On Nov 05, 2015
Stock market quotes:

"There are two things man cannot fully understand: The moods swings of a pregnant woman and the price swings of the stock market". - Megainvest cool

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 5:40pm On Nov 05, 2015
megainvest:
Stock market quotes:

"There are two things man cannot fully understand: The moods swings of a pregnant woman and the price swings of the stock market". - Megainvest cool
The one of a pregnant woman dey baffle me pass
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 7:10pm On Nov 05, 2015
megainvest:
Stock market quotes:
"There are two things man cannot fully understand: The moods swings of a pregnant woman and the price swings of the stock market". - Megainvest cool

9free:
The one of a pregnant woman dey baffle me pass

Na only Tumbutumbu analysis u fit take understand pregnant woman mood swing.
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 7:41pm On Nov 05, 2015
taiwoliu:
i like dt bolden part
I use it to nurse my burnt fingers in oando.
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 7:47pm On Nov 05, 2015
angelo82:


grin.............I don't have a cent in Oando stock but from my own view,I believe the company is just down but not out of business..............The funniest thing is Oando might be APC avenue to invest their loot.....................You are lucky as the stock will definitely reach your peak..................
Yes.... grin Downfall of oando is not the end of its business. grin
thanks for the bolded.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by maslong(m): 8:07pm On Nov 05, 2015
mercylicious:
E get as this life be.
So union bank price is now higher than Fbn.
I entered the market today. First tranche down. 2nd tranche loading.
Yes ke, but with the help of 1for 4 reconstruction thing grin
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 8:08pm On Nov 05, 2015
Eterna reacted positively to the news of FG subsidy reimbursement.
Others like conoil might follow.
Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 9:08pm On Nov 05, 2015
megainvest:
Stock market quotes:

"There are two things man cannot fully understand: The moods swings of a pregnant woman and the price swings of the stock market". - Megainvest cool


For me, the catchy word here is 'fully' Meaning that man can indeed understand these swings. Seek and he shall find. The question has been what, how and when.
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 9:22pm On Nov 05, 2015
maslong:


Yes ke, but with the help of 1for 4 reconstruction thing grin

Which kind 1 for 4..................If you had 10k units of Union bank before CBN take-over,you will be entitled to 1,250units after take-over...........How is that 1 for 4?....................
Re: Nigerian Stock Exchange Market Pick Alerts by spicytayomic(m): 9:29pm On Nov 05, 2015
angelo82:


Which kind 1 for 4..................If you had 10k units of Union bank before CBN take-over,you will be entitled to 1,250units after take-over...........How is that 1 for 4?....................

Sir, Do you mean 1 for 8? Cos 1 for 4 of 10k units should ended being 2,500 units
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 9:33pm On Nov 05, 2015
spicytayomic:


Sir, Do you mean 1 for 8? Cos 1 for 4 of 10k units should ended being 2,500 units

Then Union Bank did 1 for 16....................That was robbery..............
Re: Nigerian Stock Exchange Market Pick Alerts by spicytayomic(m): 9:38pm On Nov 05, 2015
angelo82:


Then Union Bank did 1 for 16....................That was robbery..............

shocked , not robbery but murder, alot of shareholders may still be in recovery mood till now
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 9:45pm On Nov 05, 2015
spicytayomic:


shocked , not robbery but murder, alot of shareholders may still be in recovery mood till now

Thank God I didn't buy much then...........My brother still curse them till today..............

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