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Nigerian Stock Exchange Market Pick Alerts - Investment (5114) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 11:59am On Jan 02, 2020
Jejebabaa:
To the UACN faithful,
I am just curious how you guys were able to get good units in that stock or was it through crossdeals . From what I am seeing in the stock, to sell/buy 3M units and above will be hard ooo.
Oga FXUser and BBM, can you help me torchlight average volumes for UACN pls.


Chai, 3 million units! The money bags don dey show face small small
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 12:02pm On Jan 02, 2020
fxuser:


patience

I need it to get up to 6.7 for me to break even. I have started doubting whether it is going to get at that price soonest.
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 12:06pm On Jan 02, 2020
mendes911:


That's why you should have your own plan that works for you.

"I don't want to miss out"pushed me to buy it then. I don't like elephant for once. I didn't time it very well. I am thinking of selling at loss, then use the money to buy other stocks.
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:08pm On Jan 02, 2020
Jejebabaa:
To the UACN faithful,
I am just curious how you guys were able to get good units in that stock or was it through crossdeals . From what I am seeing in the stock, to sell/buy 3M units and above will be hard ooo.
Oga FXUser and BBM, can you help me torchlight average volumes for UACN pls.
UACN
-Keeps making higher-high
-Weekly resistance needs to be broken above 9, if successful, then price aiming 11, else price will re-visit 6.70 after breaking 8.00

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:12pm On Jan 02, 2020
thebargainhunte:


I need it to get up to 6.7 for me to break even. I have started doubting whether it is going to get at that price soonest.

Fear fear.

Banks will continue to shake people off and ascend higher.

Stay on banks. Banks currently have the better TA and FA.

FBN should range between 5+ and 6+ after that it will move higher.

Access did similar thing as well. Got to 11, then ranged between 9+ to 10+.

Sit tight!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by alfajohn: 12:14pm On Jan 02, 2020
alfajohn:
Markets Actual Q4 Q1 Q2 Q3 2020
Currency 306.00 306 306 306 306 306
Stock Market (points) 26790.10 26060 25768 25480 25193 24631
Government Bond 10y (%) 12.70 13.46 13.57 13.69 13.81 14.05
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 9.23 3.7 -13.8 2.4 7 5
GDP Annual Growth Rate (%) 2.28 2.1 1.9 1.8 2.5 2.5
Unemployment Rate (%) 23.10 26 27.8 28.2 31.4 30
Inflation Rate (%) 11.61 12.5 11.5 10 10 9
Interest Rate (%) 13.50 13.5 13.5 13 13 13
Cash Reserve Ratio (%) 22.50 22 22 22 22 22
Balance of Trade (NGN Millions) 408661.17 950000 700000 440000 385000 700000
Current Account to GDP (%) 2.30 1.5 0.9 0.9 0.9 0.9
Government Debt to GDP (%) 17.50 23 25 25 25 25
Government Budget (% of GDP) -2.80 -2.7 -2.8 -2.8 -2.8 -2.8
Business Confidence (Index Points) 27.30 30 28 27 27 28
Consumer Confidence (Index Points) 3.80 -2 3 5 2.7 3.2
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 24.00 24 24 24 24 24


This page has economic forecasts for Nigeria including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Nigeria economy.




This is data from tradingeconomics.com forecasting that the NSE will lose over 2000 points by December 2020. Gurus in the house please comment

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 12:15pm On Jan 02, 2020
Agbalowomeri:


Lol
We no get Ghana-Must-Go like you na grin

Me wey be learner from u sir as u be my oga. On a more serious note sir, I am just curious how you were able to get your units. Was it through cross deals or you bought on the floor sir.
Re: Nigerian Stock Exchange Market Pick Alerts by OwolabiAbayomi(m): 12:16pm On Jan 02, 2020
OwolabiAbayomi:
Hello bosses, am new to nse but I have made some research concerning nse.
Here's the thing I don't know which company shares I need to buy for better gain this coming 2020.
Help out on this bosses

Happy and merry new year guys
Please am so new to Stock market, I need help on the company's stock to buy this 2020 bosses
Maybe drop a hint or something
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:16pm On Jan 02, 2020
Jejebabaa:


Me wey be learner from u sir as u be my oga, I am just curious how you were able to get your units. Was it through cross deals or you bought on the floor sir.

Na the remnant wey Peterichy buy remain I sweep from the floor grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 12:18pm On Jan 02, 2020
seyisanya:


Chai, 3 million units! The money bags don dey show face small small
You are mocking me boss. I am asking an honest question sir. 3M units is just 24M naira oo at 8 naira.
So this is not moneybag at all. When I checked online, the total offer/bid of uacn is not up to 6M units combined and more to the offer side. Is it that people will have to wait for full bid to sell or they keep selling in tranches.
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 12:18pm On Jan 02, 2020
thebargainhunte:


I need it to get up to 6.7 for me to break even. I have started doubting whether it is going to get at that price soonest.


Just hold your peace
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:19pm On Jan 02, 2020
WARNING!!! DON'T OPEN THIS LINK IF YOU BOUGHT STOCKS IN 2008 AND HAS NEVER SOLD...... grin grin grin

https://trwstockbrokers.files./2020/01/all-time-high-low.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 12:22pm On Jan 02, 2020
Jejebabaa:

Really? I thought you have jumped from the fence to top of the tree not knowing you have jumped into the market already. Congrats boss.

Thanks my brother, i cant run away from NSE. Fully loaded already.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:24pm On Jan 02, 2020
DeRuggedProf:
WARNING!!! DON'T OPEN THIS LINK IF YOU BOUGHT STOCKS IN 2008 AND HAS NEVER SOLD...... grin grin grin

https://trwstockbrokers.files./2020/01/all-time-high-low.pdf



ETI and Oando battling for the position of worst performing stock.

BTW, did they consider the bonus shares declared from that time till date?
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:27pm On Jan 02, 2020
RabbiDoracle:


They are buying. They are just concentrating on banks.

They may be selling other sectors and putting it into other sector like bank.


Apart from Zenith Bank, I don't see anywhere else that looks like they are in.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:28pm On Jan 02, 2020
Jejebabaa:

You are mocking me boss. I am asking an honest question sir. 3M units is just 24M naira oo at 8 naira.
So this is not moneybag at all. When I checked online, the total offer/bid of uacn is not up to 6M units combined and more to the offer side. Is it that people will have to wait for full bid to sell or they keep selling in tranches.

You fit dey clear all bids and offers together to hasten ya journey grin
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 12:28pm On Jan 02, 2020
BullBearMkt:

UACN
-Keeps making higher-high
-Weekly resistance needs to be broken above 9, if successful, then price aiming 11, else price will re-visit 6.70 after breaking 8.00

Thanks sir, any idea about average volumes traded.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:28pm On Jan 02, 2020
Agbalowomeri:


You fit dey clear all bids and offers together to hasten ya journey grin

His journey or yours and Peter's journey to the promise land?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:31pm On Jan 02, 2020
mendes911:


His journey or yours and Peter's journey to the promise land?

All join
Someone must carry us to the promised land Lol
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 12:31pm On Jan 02, 2020
Agbalowomeri:


You fit dey clear all bids and offers together to hasten ya journey grin
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 12:47pm On Jan 02, 2020
aremso:



Just hold your peace

Thank you sir
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 12:48pm On Jan 02, 2020
RabbiDoracle:


Fear fear.

Banks will continue to shake people off and ascend higher.

Stay on banks. Banks currently have the better TA and FA.

FBN should range between 5+ and 6+ after that it will move higher.

Access did similar thing as well. Got to 11, then ranged between 9+ to 10+.

Sit tight!

No qualms sir
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 12:49pm On Jan 02, 2020
mendes911:


Apart from Zenith Bank, I don't see anywhere else that looks like they are in.


They cannot completely exit our market and for sure they are not only buying into the banking sector. However, the kind of inflow that will give our market a sustained bull for two to three months is not available yet.

We might be having mini bull and individual stock rally in the meantime...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 12:49pm On Jan 02, 2020
mendes911:


Apart from Zenith Bank, I don't see anywhere else that looks like they are in.

they can as well start from zenith first
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:53pm On Jan 02, 2020
mendes911:


Apart from Zenith Bank, I don't see anywhere else that looks like they are in.

grin grin Just stick to banks. Don't buy when it is rising. But buy when it falls.

They are forming a rising sinusoidal pattern.

Big players are still in the market.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:56pm On Jan 02, 2020
pluto09:



They cannot completely exit our market and for sure they are not only buying into the banking sector. However, the kind of inflow that will give our market a sustained bull for two to three months is not available yet.

We might be having mini bull and individual stock rally in the meantime...

These people are patient o.

When you think that politics will destroy the country, that is when they enter into the battered market. And they have staying power.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 1:06pm On Jan 02, 2020
thebargainhunte:


I need it to get up to 6.7 for me to break even. I have started doubting whether it is going to get at that price soonest.
When the price was 6.5, i attempted to buy with price limit, Meritrade refused to allow my order to sail through. When i appealed to them, they asked me tp remove the limit. The organisation eventually bought for me at 7.1 when the intraday prices were around 6.5 and the price never got to 7.1 !. It was scandalous. i would not forgive Meritrade for this. That is the way they have always treated me. It is always better for me to buy directly at current price from nse, because i can be lucky at times. But anytime Meritrade guys intervene, its big problem.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 1:12pm On Jan 02, 2020
The number of people waiting to offload Wapco no be here at all. 10m VS 80k
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:19pm On Jan 02, 2020
debeey87:
The number of people waiting to offload Wapco no be here at all. 10m VS 80k

I hope WAPCO faithfuls that complained of not having enough are buying today. I wouldn't want anyone to come and complain again when the stock starts gaining.

The cross-trade that took the stock to 15.30 might still happen again today! Maybe...
Re: Nigerian Stock Exchange Market Pick Alerts by millennium2012: 1:23pm On Jan 02, 2020
Access now @10.05
Zenith @18.80
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:24pm On Jan 02, 2020
debeey87:
The number of people waiting to offload Wapco no be here at all. 10m VS 80k

Rule number 1: Don't fall in love with stocks

Rule number 2: Even if a stock (based on FA) is wonderful and signals a buy, TA will still be showing sell. And I think the TA people are more than the FAs. So just use the chart and buy into a wonderful company at a low price.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 1:39pm On Jan 02, 2020
RabbiDoracle:


Rule number 1: Don't fall in love with stocks

Rule number 2: Even if a stock (based on FA) is wonderful and signals a buy, TA will still be showing sell. And I think the TA people are more than the FAs. So just use the chart and buy into a wonderful company at a low price.


That's why you're my man.

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