wanaj0:


Except you are Eaton that would like to control NEM not sure why you will be buying NOW. What are you seeing in NEM at N3.00 that was not evident when it was selling at N0.80?

I will not put a BUY on NEM at this price.

BUT Eaton bought at N4.00. Yes they did. They will make their money from other things so you can't compare yourself with them.

Disclaimer: NEM is a substantial part of my portfolio and selling as part of portfolio re-balancing

i like d stock , d issue with for me is the -ve rsi div on d weekly .. hv learnt d hard way nt to argue

Mpeace:
Transcorp 1.31. From 1.10. Make I book profit or wait small?

...I guess your mind is telling you to take profit now. Please follow your mind.

But if I were in your shoe, I will rather wait until market sentiment changes to negative.

fxuser:



i like d stock , d issue with for me is the -ve rsi div on d weekly .. hv learnt d hard way nt to argue

@Mpeace, you know why I think its good for you to take the profit? It's like twice now that it's been difficult for transcorp to cross the 1.30 junction based on observation.
I know its because of the bearish period in the market. For bull period, it will cross without any hassle at all.
Caveat: This is purely based on O-feelings (observation), no FA/TA/SA or even A-gut feelings.

Una thank you o. Some people just relieved me of the burden of some Standard Alliance shares I bought since 2008 .

What actually makes money for you are those trades that gives big returns.

They pay for all your small losses and make your portfolio turn green.

However, if you open / kill a Caterpillar, it can never become a butterfly.

Mcy56:

Explanation or idonbilifit sir abi na ma, cos that name na female own.

chai, every time i enter transcorp i will always be burnt. but it is tempting to enter oo

kolaish:
Una thank you o. Some people just relieved me of the burden of some Standard Alliance shares I bought since 2008 .

Mcy56:
@Mpeace, you know why I think its good for you to take the profit? It's like twice now that it's been difficult for transcorp to cross the 1.30 junction based on observation.
I know its because of the bearish period in the market. For bull period, it will cross without any hassle at all.
Caveat: This is purely based on O-feelings (observation), no FA/TA/SA or even A-gut feelings.

The thing has even fallen. 1.24 at the moment. Na wa oh person don first me book.

sellydion:
What actually makes money for you are those trades that gives big returns.
They pay for all your small losses and make your portfolio turn green.
However, if you open / kill a Caterpillar, it can never become a butterfly.

Hhmmm, words of the elders and the moneybags. Thanks sir/ma.

Mpeace:
The thing has even fallen. 1.24 at the moment. Na wa oh person don first me book.

I thought you wanted to take action when you asked now? Well, there's no cause for alarm anyway. Transcorp na jijo stock any time.
You may have to wait for another round trip.

kolaish:
Una thank you o. Some people just relieved me of the burden of some Standard Alliance shares I bought since 2008 .

go and sin no more!

Seplat Lists $350m Notes on London Stock Exchange
https://www.businesspost.ng/2018/08/29/seplat-lists-350m-notes-on-london-stock-exchange/

NSE Lifts Suspension on Shares of Standard Alliance Insurance
https://www.businesspost.ng/2018/08/29/nse-lifts-suspension-on-shares-of-standard-alliance-insurance/

The way our foreign reserves dey fall ehh... Now 45.9 from 47billion.

it only wed

Mpeace:
The way our foreign reserves dey fall ehh... Now 45.9 from 47billion.

supporting d outflow is not cheap , cud hv been worse for d Naira

Mpeace:
The way our foreign reserves dey fall ehh... Now 45.9 from 47billion.

https://www.proshareng.com/news/CAPITAL%20MARKET/Domestic-and-Foreign-Portfolio-Participation-in-Equity-Trading-%E2%80%93-July-2018/41551

see july

DOLLARTEX:
go and sin no more!

Loco you don get alert ?

kolaish:
Una thank you o. Some people just relieved me of the burden of some Standard Alliance shares I bought since 2008 .

Mfunkynation:
chai, every time i enter transcorp i will always be burnt. but it is tempting to enter oo

Maybe transcorp jijo is not your calling.

UBA
- 2nd appointment with N8

fxuser:
UBA
- 2nd appointment with N8

This UBA is looking to me like a jijo stock. I feel it will soon get back to 9but I just don't want to get trapped.

Mpeace:
This UBA is looking to me like a jijo stock. I feel it will soon get back to 9but I just don't want to get trapped.

There was a sell order for over 60million units at N9.15,shine ur eyes

Mpeace:
The way our foreign reserves dey fall ehh... Now 45.9 from 47billion.

Watching ..Maybe b4 election go reach 40B ..If there is a peaceful election hopefully dem go bring money back into naija

Stability of Naira is imp

Mpeace:
This UBA is looking to me like a jijo stock. I feel it will soon get back to 9but I just don't want to get trapped.

You can't eat your cake and have it.
If you are looking for jijo stock, its definitely not UBA. It can appreciate o but not good for jijo at all.
Two banks, in fact three banks I know well for jijo if entered at right bottom price or upon smelling or sighting of the bull are FCMB, unity and Skye.
Please note the bolded, no one should quote me o but you can confirm it if you know too.

lostinHeaven:
There was a sell order for over 60million units at N9.15,shine ur eyes

Where did you see it? Just curious cos the offer was 3M+ towards closing.

Mpeace:
This UBA is looking to me like a jijo stock. I feel it will soon get back to 9but I just don't want to get trapped.

its liquid eunf .. or u mean u dont want to be wrong !

una get mind dey buy all diamond bank for market

I did not load enough.

.................. and the bear roared

Good day house,

I have just discovered this thread, though i have been an investor for some years, but after bumping into the thread some weeks back and having read a bit of the some of the contribution from men and women of intellectuals and experienced, i regretted not having came across this thread all these while, anyway it is still not yet late.

Going by the idea of selling and averaging down, I don't know what to do now because i am already on heavy loss mainly on Zenith, caverton and to say that i sold my Unilever to invest the proceed on Caverton is an understatement, anyway i don't see myself standing in a position of selling at a huge loss. I will rather pray to have more money to average down during the Bonanze period.

But please, I did not see any provision for posting a new topic, like when i wanted to do this write up i looked up for the word "post" but did not not see, hence my resolve to use the "reply" please i need tutor for i am here to learn.

However, i crave everyone indulgence to be mindless of my grammar and terminology.

Thanks to everyone for your great input to the thread.

fxuser:


its liquid eunf .. or u mean u dont want to be wrong !

It has the habit of remaining in a particular price for too long irrespective of general bull and moving at its own time.
I need stocks that fluctuate weekly.