Jejebabaa:


Boss, what is the charts saying about SLB pls. I already sent you a mail on it though.
CC: FXuser as well.

...I hope your SLB is for "Schlumberger" as quoted on NYSE and not a quoted NSE stock? Just for clarification

SLB
-Like most companies on NYSE, SLB is nose-diving - a very bad falling knife just like oil doing generally
-Let see how this week candle will close, as price is now within 78.6% fib level
-Support at $30 may be a catalyst to hold the bear
-But if you ask me, any price below $30 is good to buy SLB for a long-term investment. Schlumberger is a leading oil servicing coy in the world

Not sure we are permitted to analyse stocks outside NSE here make I stop there. If we aren't, my apology.

sillysassysally:
AGAIN, you've just mentioned information that is not true.

First things first; you can't compare the New York Stock Exchange to the Nigerian Stock Exchange!!!

As at when APPLE crossed the $1trillion market cap threshold, the total market cap of all the 169 companies on the Nigerian stock exchange were less than 5% of APPLE's market cap ALONE! so you cannot even compare their small caps to our small caps - Ours are characterized by gross illiquidity (foreign investors that constitute c. 60% of total transactions dont buy them then domestic institutional investors that constitute c. 20% of total transactions dont buy them). These guys focus on the top 30 most capitalized stocks on the exchange!

Also, Nigerian research analysts don't cover small caps - you wont find ANY target price or earnings update on them so most retail investors that get guidance from analysts won't even play them. So this "outperformance" you are talking about, where do you see demand coming from when roughly 90% of transactions are targeted at the lagre-mid cap guys?

Finally, yes small caps outperformed this year in the US and that was primarily predicated on tax cuts, stronger dollar and US GDP growth. Nothing to do with rate hikes at all - if anything, rate hikes are negative for equities generally because they mean more borrowing cost and higher treasury yields. Then bringing it to the Nigerian market, rate hikes are even more NEGATIVE for us! Because it means there are higher holding returns for US assets and investors pull their money out - SMALL CAPS - being even more risky would bear the brunt of sell-offs.

Finally finally, I'll address one thing you said that's outrightly false again. You said "based on past rate hikes by FOMC, experience has shown that small-caps outperform the large caps on NYSE just as @Godlylifeoneart stated" The US only just started their hiking process this year since the global financial crisis so concluding that rate hikes is good for small caps based on a one year trend that was not even the cause of the small-cap outperformance is false.

do you do stock picks?Give us your Nigerian(NSE) stock picks.

ihedioramma:
Happy Christmas to you all my brother's and sister's in the LORD . THANK YOU JESUS .

Thank you Pastor. Merry Christmas and happy new year in advance to you and everyone.

Chai! See as Nsempa dry during this festive period, na brent and crude oyel you just dey chase upandan.
Some other threads are showering yuletide love on one another and sending gifts. Lol. I hope y'all extend the generosity to the needy and the less privileged in your various neighborhood as demonstrated to us this season by the good Lord.

Mendes, me and you no dey compatible again. Better come beg me with the chicken you refused to share with me on Xmas day.

Wishing everyone happy boxing day. Me don shift my seat go middle of the class, should it be boxing day you want to observe, before someone go carry blow scatter my face. I no fit shout.

koolengrtimmy:
Hello house, I have watched diamond bank grow from 66kobo to 165 kobo in two weeks.
I really love to buy some units Kindly advise accordingly Thank you

Chill man, it will soon be surplus.

.....

edwardaigb:
A big thank you to madam Mcy and Flattino. Merry Christmas and God Bless.

Merry Xmas to you too.
Which stock are you in now for Xmas jijo?
Make you try your luck with transcorp na, I just thought e no fit carry last if others are rallying for end of year closing. I also believe that if signing of that oil deal works out, it will impact +ve on the share price.... my opinion please.
I saw that FO rally from 21naira but since I dont know much about it, I couldnt talk then.... Also UACN, nothing much about it, but it has started its rally too, how far it can go, I dont know. Just Gut feelings and random guess work at play here.

I don't do stock picks but for the rest of 2018 and the pre-election period, I'd say FO because in light of the recent news of Femi Otedola selling his shares, I think there's going to be a cross deal at a price above N40.

DOLLARTEX:
do you do stock picks?Give us your Nigerian(NSE) stock picks.

sillysassysally:
I don't do stock picks but for the rest of 2018 and the pre-election period, I'd say FO because in light of the recent news of Femi Otedola selling his shares, I think there's going to be a cross deal at a price above N40.

thank you SSS

@Madam Mcy, thank you, i entered fcmb. Tnks again

edwardaigb:
@Madam Mcy, thank you, i entered fcmb. Tnks again

Oh good! I hope it gives you your 20% gain or even more.
Just don't be carried away or greedy, keep eye on the price movement and bail out when necessary.

Mcy56:

Oh good! I hope it gives you your 20% gain or even more.
Just don't be carried away or greedy, keep eye on the price movement and bail out when necessary.

Fcmb is going nowhere in my opinion.

1.74 was just someone trying to play a last minute stunt at close of market.

samzepaparazi:
Fcmb is going nowhere in my opinion. 1.74 was just someone trying to play a last minute stunt at close of market.

Maybe or maybe not. It's just for a short period anyway.
I'm not particularly keen about it based on the rumour that they cooked book or something...... but it will still rally small.
Whatever makes Unity bank to give over 40% in short period in their terrible state will certainly make fcmb to deliver too, however small. I guess transcorp stood a better chance anyway...... my opinion.

sillysassysally:
AGAIN, you've just mentioned information that is not true.

First things first; you can't compare the New York Stock Exchange to the Nigerian Stock Exchange!!!

As at when APPLE crossed the $1trillion market cap threshold, the total market cap of all the 169 companies on the Nigerian stock exchange were less than 5% of APPLE's market cap ALONE! so you cannot even compare their small caps to our small caps - Ours are characterized by gross illiquidity (foreign investors that constitute c. 60% of total transactions dont buy them then domestic institutional investors that constitute c. 20% of total transactions dont buy them). These guys focus on the top 30 most capitalized stocks on the exchange!

Also, Nigerian research analysts don't cover small caps - you wont find ANY target price or earnings update on them so most retail investors that get guidance from analysts won't even play them. So this "outperformance" you are talking about, where do you see demand coming from when roughly 90% of transactions are targeted at the lagre-mid cap guys?

Finally, yes small caps outperformed this year in the US and that was primarily predicated on tax cuts, stronger dollar and US GDP growth. Nothing to do with rate hikes at all - if anything, rate hikes are negative for equities generally because they mean more borrowing cost and higher treasury yields. Then bringing it to the Nigerian market, rate hikes are even more NEGATIVE for us! Because it means there are higher holding returns for US assets and investors pull their money out - SMALL CAPS - being even more risky would bear the brunt of sell-offs.

Finally finally, I'll address one thing you said that's outrightly false again. You said "based on past rate hikes by FOMC, experience has shown that small-caps outperform the large caps on NYSE just as @Godlylifeoneart stated" The US only just started their hiking process this year since the global financial crisis so concluding that rate hikes is good for small caps based on a one year trend that was not even the cause of the small-cap outperformance is false.

Na fight?

Gurus,

please how do i witdraw the proceeds of my shares sales and balance from my account? Am using Morgan capital.

aremso:
Gurus,

please how do i witdraw the proceeds of my shares sales and balance from my account? Am using Morgan capital.

if you want to make withdrawals from your trading account to your bank account, kindly send a mail to info@morgancapitalgroup.com stating the amount you want to withdraw. The account unit would treat your request.

freeman67:


if you want to make withdrawals from your trading account to your bank account, kindly send a mail to info@morgancapitalgroup.com stating the amount you want to withdraw. The account unit would treat your request.

Many Thanks Boss

BullBearMkt:

...I hope your SLB is for "Schlumberger" as quoted on NYSE and not a quoted NSE stock? Just for clarification

SLB
-Like most companies on NYSE, SLB is nose-diving - a very bad falling knife just like oil doing generally
-Let see how this week candle will close, as price is now within 78.6% fib level
-Support at $30 may be a catalyst to hold the bear
-But if you ask me, any price below $30 is good to buy SLB for a long-term investment. Schlumberger is a leading oil servicing coy in the world

Not sure we are permitted to analyse stocks outside NSE here make I stop there. If we aren't, my apology.

Thanks boss, well appreciated.

Mcy56:

Lool

EKUU holiday o

Compliment of the season to all NSEMPA family members. As we celebrate the birth of Jesus this season, may celebration never cease from our lives and that of our loved ones in Jesus name.

Merry Christmas and Happy New Year in advance!!!!

BullBearMkt:

...I hope your SLB is for "Schlumberger" as quoted on NYSE and not a quoted NSE stock? Just for clarification

SLB
-Like most companies on NYSE, SLB is nose-diving - a very bad falling knife just like oil doing generally
-Let see how this week candle will close, as price is now within 78.6% fib level
-Support at $30 may be a catalyst to hold the bear
-But if you ask me, any price below $30 is good to buy SLB for a long-term investment. Schlumberger is a leading oil servicing coy in the world

Not sure we are permitted to analyse stocks outside NSE here make I stop there. If we aren't, my apology.

Well done bro.
You have been relentlessly sacrificial in sharing valuable info.
Like Marthin Luther said, no matter how sacrificial you are, you cannot escape reward.
I intend to start investing in the NYSE.
Kindly help me with steps in opening a trading account and stock picks to research on.
Do you use an offshore brokerage house?
Can you recommend your broker?
Kindly DM me on omimi88@yahoo.com
Thanks and stay blessed.

anjilgreat:
Compliment of the season to all NSEMPA family members. As we celebrate the birth of Jesus this season, may celebration never cease from our lives and that of our loved ones in Jesus name. Merry Christmas and Happy New Year in advance!!!!

AMEN IJN! Wish you the same.

Mcy56:

AMEN IJN! Wish you the same.

Amen.Thank you

OakPearl:


Well done bro.
You have been relentlessly sacrificial in sharing valuable info.
Like Marthin Luther said, no matter how sacrificial you are, you cannot escape reward.
I intend to start investing in the NYSE.
Kindly help me with steps in opening a trading account and stock picks to research on.
Do you use an offshore brokerage house?
Can you recommend your broker?
Kindly DM me on omimi88@yahoo.com
Thanks and stay blessed.

...tx my broda. To start with, register on this website and learn a lot about the US market and other markets - https://stockcharts.com. You will learn a lot there, but after free trial it's a paid subscription. I use Interactive Brokers but if you are based in Nigeria, you will not be accepted. I understand some brokers in South Africa can accept clients from Nigeria.

Pls, feel free to let me know if you need further assistance.

BullBearMkt:

...I use Interactive Brokers (if you based outside Niaja)

unfortunately they don't accept applications from Nigeria..very shameful when smaller African countries like Niger, Zambia et al are among their acceptable countries.

Gurus, pls is transcorp a stock to buy? Cos my broker was saying I should consider it.

Brent don vex finish today

aremso:
Gurus, pls is transcorp a stock to buy? Cos my broker was saying I should consider it.

[img]https:///a/img924/5333/PoUhLc.gif[/img]

Oga Chibu will be hiding under his bed by now.... LOL.

Agbalowomeri:
Brent don vex finish today

in fact crude day vex pass, 10% up at the moment. DOW also vexing

bull likely going to scatter NSE tomorrow

currentprice:


in fact crude day vex pass, 10% up at the moment. DOW also vexing

bull likely going to scatter NSE tomorrow

We dey brace for impact. Lol.