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Nigerian Stock Exchange Market Pick Alerts - Investment (1699) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 12:13pm On Jul 08, 2016
fxuser:
hope u have a stop loss point . preserving capital is key
I think the capital adequacy risk is what is on the minds of bank investors before Q2
Market can over exaggerate fears and greed
That is why it is stock market. Another opportunity to cherry picks again grin. "Be greedy while others are fearful" is the word for today
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 12:14pm On Jul 08, 2016
feelamong:
Breaking: Lafarge Africa issues profit warning. Says naira "devaluation" may lead to N28bn unrealised exchange loss relating to $ loans
Make lafarge drop to N15.00 make I load am. .......

What of dang cement....no profit warninghuh
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:21pm On Jul 08, 2016
feelamong:
why is UCAP so stubborn?

why is it not crashing like the others??
TeamUCAP are very stubborn (me too), the technically bullish posture has long come to an end.
MACD is indicating a sell, been under the signal line a while now forming a negative divergence if u look at prev MACD highs.

However the holders may have taken a fundamental stance from a bargain posture perspective on d basis of a projected strong Q2. This expectation may have already been priced in therefore expecting a rally after announcement may be disappointing to new entrants at this current level. (Mr mkt will decide later)

To those gambling on a dividend play possibility, they can only wait till month end to find out. That's not my position for holding but I do hope they are right grin grin

Dis:
very heavy here but avg cost under N2 but gradually inching up
Re: Nigerian Stock Exchange Market Pick Alerts by davide470(m): 12:22pm On Jul 08, 2016
zendi:
Thank you v much.
Good to have people like you around, able to cut thro the maze of oando legal manoeuvrings.

Now, straight to the bone of my concern :

Is the bolded, Oando E&P Holdings Limited (still) owned by the Oando Plc we're trading on?
The below should help
Lagos, Nigeria – Oando Plc (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced audited results for the twelve months period ended 31 December, 2015...

Oando (Group) is listed as "Oando Plc", but in itself, there is a downstream subsidiary called Oando Plc.

Lol. Me sef don tire.
Re: Nigerian Stock Exchange Market Pick Alerts by Hayyee2002: 12:24pm On Jul 08, 2016
O boy! Today bad, Skye Bank "Contagion"

Diamond, FCMB, Fidelity all seeing massive sell off! No singer bid.

Nairametrics report:
http://nairametrics.com/the-fear-of-a-skye-bank-contagion-is-scaring-investors/
Re: Nigerian Stock Exchange Market Pick Alerts by Hayyee2002: 12:25pm On Jul 08, 2016
O boy! Today bad, Skye Bank "Contagion"

Diamond, FCMB, Fidelity all seeing massive sell off! No single bid.

Nairametrics report:
http://nairametrics.com/the-fear-of-a-skye-bank-contagion-is-scaring-investors/
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 12:41pm On Jul 08, 2016
feelamong:
why is UCAP so stubborn?

why is it not crashing like the others??
At what price and how many units can you buy let me work over it ? one love .
Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 1:01pm On Jul 08, 2016
Please,what are the prices of Zenith,UBA and First Bank now?
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 1:16pm On Jul 08, 2016
Naawaaaaoooo

People the mop-up skyebank today....they get heart like arsenal fans....no result yet and people the mopp up..

NSE... The more you look, the less you see..

Chaiiii
Re: Nigerian Stock Exchange Market Pick Alerts by jp130(m): 1:23pm On Jul 08, 2016
MOB K? stock where go still fall nxt week.
ukay2:
Naawaaaaoooo

People the mop-up skyebank today....they get heart like arsenal fans....no result yet and people the mopp up..

NSE... The more you look, the less you see..

Chaiiii
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:27pm On Jul 08, 2016
ukay2:
Naawaaaaoooo

People the mop-up skyebank today....they get heart like arsenal fans....no result yet and people the mopp up..

NSE... The more you look, the less you see..

Chaiiii
Never look that side even if it goes to #2.00 now dont.....This is the only stock i hate both its fundamentals and technicals
Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 1:43pm On Jul 08, 2016
ukay2:
Naawaaaaoooo
People the mop-up skyebank today....they get heart like arsenal fans....no result yet and people the mopp up..
NSE... The more you look, the less you see..
Chaiiii
Them say the stock go bounce like basket ball when e reach car park. grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 1:47pm On Jul 08, 2016
NIG. STOCK EXCHANGE Retweeted
Boason Omofaye ‏@BBoason 26m26 minutes ago
HAPPENING NOW: New @SkyeBankNigeria Management Board now at @NSEcontact HQ in Lagos @channelstv


SkyeBank men in black don come market!!!
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 1:56pm On Jul 08, 2016
davide470:
The below should help
Lagos, Nigeria – Oando Plc (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced audited results for the twelve months period ended 31 December, 2015...

Oando (Group) is listed as "Oando Plc", but in itself, there is a downstream subsidiary called Oando Plc.

Lol. Me sef don tire.
grin
Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 1:59pm On Jul 08, 2016
Does Ex-dividend date work on all stock on the NSE?

Note: Ex-Dividend date is the date after which you purchase a stock in the hope of qualifying for dividend, you aren't qualified.

Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 2:03pm On Jul 08, 2016
Battle for the soul of Oando is on!
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 2:14pm On Jul 08, 2016
Ucap just running its own show...Refusing to be torn by the bears
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 2:21pm On Jul 08, 2016
megainvest:
NIG. STOCK EXCHANGE Retweeted
Boason Omofaye ‏@BBoason 26m26 minutes ago
HAPPENING NOW: New @SkyeBankNigeria Management Board now at @NSEcontact HQ in Lagos @channelstv


SkyeBank men in black don come market!!!
The CBN is just as irresponsible as the board of SKYE. They are desperate to limit the damage caused by the announcement and board changes made. Panic withdrawals and cheque rejections plaguing SKYE bank now while investors scamper for safety on the NSE.
It would have been better if the CBN forced a merger (behind the scene) between SKYE and another bank. That I think would not have led to this bloodshed.
They had better not tow that line of action for any other SIB. Let's see what the outcome of the arrangee meeting with Oscar will be. My thoughts.
Re: Nigerian Stock Exchange Market Pick Alerts by cadno(m): 2:26pm On Jul 08, 2016
HOUSE , Pls when is Eternal Oil end of Financial year...that stock has been trading sideways for a while now.
Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 2:34pm On Jul 08, 2016
Somebody loaded over 10 million units of Skye at the last minute!
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 2:35pm On Jul 08, 2016
stocks with new 52 weeks low
Sterling bank #1.38k
Vitafoam #3.71k
Forte oil #171.90k
lafarge wapco#63.65k
Skye bank #0.87k

No new high.
Re: Nigerian Stock Exchange Market Pick Alerts by tradepunter: 2:38pm On Jul 08, 2016
fxuser:
TeamUCAP are very stubborn (me too), the technically bullish posture has long come to an end.
MACD is indicating a sell, been under the signal line a while now forming a negative divergence if u look at prev MACD highs.

However the holders may have taken a fundamental stance from a bargain posture perspective on d basis of a projected strong Q2. This expectation may have already been priced in therefore expecting a rally after announcement may be disappointing to new entrants at this current level. (Mr mkt will decide later)

To those gambling on a dividend play possibility, they can only wait till month end to find out. That's not my position for holding but I do hope they are right grin grin

Dis:
very heavy here but avg cost under N2 but gradually inching up
its amazing how some traders depend on a heavily lagged indicator for trade direction.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:43pm On Jul 08, 2016
Finally oando closed the week at #8.00 despite the huge selloff...........To God be the Glory.
Re: Nigerian Stock Exchange Market Pick Alerts by tradepunter: 2:50pm On Jul 08, 2016
locodemy:
Finally oando closed the week at #8.00 despite the huge selloff...........To God be the Glory.
what is the typical spread of these nigerian stocks?? I buy and trade stocks of companies mostly in the G7 countries, kinda of interested in trading stocks of Nigerian companies
Re: Nigerian Stock Exchange Market Pick Alerts by makashava(m): 3:17pm On Jul 08, 2016
Primetech:
The market 'badly' needs a good news.
Oando mini bull run responds to news howbeit not so strong,More news will impact the market volatility this july.
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:39pm On Jul 08, 2016
fxuser:
TeamUCAP are very stubborn (me too), the technically bullish posture has long come to an end.
MACD is indicating a sell, been under the signal line a while now forming a negative divergence if u look at prev MACD highs.

However the holders may have taken a fundamental stance from a bargain posture perspective on d basis of a projected strong Q2. This expectation may have already been priced in therefore expecting a rally after announcement may be disappointing to new entrants at this current level. (Mr mkt will decide later)

To those gambling on a dividend play possibility, they can only wait till month end to find out. That's not my position for holding but I do hope they are right grin grin

Dis:
very heavy here but avg cost under N2 but gradually inching up
What of teamskye bank? did they need oando oil to follow up ?
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:50pm On Jul 08, 2016
locodemy:
Finally oando closed the week at #8.00 despite the huge selloff...........To God be the Glory.
#8.05 SIR . ONE LOVE .
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 4:06pm On Jul 08, 2016
ihedioramma:
What of teamskye bank? did they need oando oil to follow up ?

Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 4:09pm On Jul 08, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:43pm On Jul 08, 2016
[quote author=Godisfaithful post=47336222][/quote]Truth, but at what price do you want to enter (Skye bank)?. one love .
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:44pm On Jul 08, 2016
davide470:
The below should help
Lagos, Nigeria – Oando Plc (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced audited results for the twelve months period ended 31 December, 2015...

Oando (Group) is listed as "Oando Plc", but in itself, there is a downstream subsidiary called Oando Plc.

Lol. Me sef don tire.
Better enter the car and leave the driving work for the driver.....he has seen all those pot holes you are trying to sight.just sit tight until km10 where i will alight then you continue your's.
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