emmanuelewumi:


But you told us to get ready to buy Zenith bank at N17, you said this less than 2 weeks ago

Any one who follows peter mouth is on his own

Uba over half a billion traded ..been a while ..where all these funds coming from

Zenith bank at N25 will still give a dividend yield of 10%, payable in the next 3 months.

Better than 5% from Treasury Bill

emmanuelewumi:
Zenith bank at N25 will still give a dividend yield of 10%, payable in the next 3 months.

Better than 5% from Treasury Bill

Hmm ..U right ..make sense sir

lancee:
Uba over half a billion traded ..been a while ..where all these funds coming from

Most likely domestic institutional investors / PFAs

Well said sir. Always on point. We flow with the tide.

onegentleguy:


One would've thought that by now u will be lying on ur mattress, watching TV and sipping from a warm cup of holix drink until August/September 2020. ...or maybe take a break from the mkt and go on a vacation as u earlier asserted.
Pls calm down bro.

The pointers at this time, means that there'll be less likelihood for downside and more headroom for upside.
The feasible yield(dividend cashflow) from sound coys as against the much lower fixed space alternative, rising oil price(which signals that the government may have to borrow a little less in the short term), lower rate environment and near earnings season means that more funds will as a matter of fact find their way in than out.(inflow-outflow peg)
While I agree that there are concerns sorrounding the macro end of the economy(the result of long standing policy flip-ups from our leaders), the points noted above still presents a high arbitrage opportunity margin to tap from in the equity market space. ...particularly in the short term.
Our foreign brothers like that. It might interest u to know that one of their KEY reason for avoiding the mkt, is the believe that our present currency value is not a true reflection of the economic realities on ground. ...however that concern(though still there) has been suppressed by recent plays from the monetary policy end(thanks to the cbn) and relative stability(now rise) in oil peg.
I can confirm that one of our foreign brothers are in our midst. However, I believe there's a ploy(helped by the MM folks) to buy strategically and not overpay to get better value for their money.
That explains why u do not see ur much desired 10-10% rise. Everyone is becoming wiser. I am sure that if u were an FPI/HNI, u wouldn't go about throwing money around buying up coys with every 10% rise.

In all, I think what u should be advising folks should rather be to have a plan and do well to stick religiously to it. ...more like following through with their laid out strategy(everyone should have one)
Personally, I also sold down(40% downsize)on my ACCESS @ N11 the last time it attained that high. But I did it, not because I felt I could time the mkt or outsmart it, but because there was a need to rebalance the portfolio at the time.
Overtime I have learnt that the mkt will ALWAYS have a mind of its own.
Our duty is not necessarily to try to interpret it but to have a personal strategy to follow through with what it interprets at any given time(trend).
...and at the moment, the mkt interprets a BUY more than a sell.
The KEY is to always ensure we BUY right !!

Regards

UBA N9.10
Fidelity moving towards N2.30....now 2.30 moving towards 2.40
Fcmb trying to do the catch up..
Zee drinking water at 22......to continue watching the journey....

FCMB, CAVERTON, AIICO, TRANSCORP, ETI and WAPCO might be the better plays to tap from(reward margin in view) at the moment !!
...they still have enough room for returns.

Elsewhere, FBNH, ACCESS and UBA doing some folks proud !!

A word they say...

NOTE: NOT to be infered as a recommendation.

The kind of funds flowing into UBA faaa.

CashDiMkpa:

Haba...how loins take enter this matter?

Dont you know that loins are more productive than elbows?

The bull is not smiling

Agbalowomeri:
The bull is not smiling

But the bear is somewhere charging ooohhhh

Toluway:

Dont you know that loins are more productive than elbows?

Yes to support the bottoms during the locomotive activities

PFA now know that NSE is where to be this year 2020.


Since NTB and FGN Bonds rates are drastically down and ridiculous

All gone wild.,.IF most enter bid today ..we see how morrow go be

Access about to do N12.....
It keeps creating more room for UBA to move and do the catch up.......
UBA moving towards full bid.....

fxuser:


amongst many others
usually stop loss helps calc position size, to avoid been too heavy or too light
our broker exchanges are still many years behind d curve
deriz room to have a more robust broker platforms

I was actually talking about manual stop loss. Thanks.

mendes911:


But the bear is somewhere charging ooohhhh

Okay o, the way it is crushing short-term resistance
Issa misery

However, the bear will come for the second bottom on the monthly
But not soon, we'll have only pull-backs in the short while ceteris peribus

Opari..uba don enter

Ekpoma25:
Most likely domestic institutional investors / PFAs

This one pass the power of domestic investors.

emmanuelewumi:



Check your mail and mentions

Thanks you Sir.

I have replied you.

Am grateful

mendes911:
The kind of funds flowing into UBA faaa.

it should just do 10% today jare.

emmanuelewumi:
Zenith bank at N25 will still give a dividend yield of 10%, payable in the next 3 months.

Better than 5% from Treasury Bill

still on still

Time to reduce food portion and wait for PB. Hopefully. Let me go and come.

mendes911:


But the bear is somewhere charging ooohhhh

This is where newbies will get trapped........hmmm

a strong brk out leaves people behind , no room for i de go come back lolx

ukay2:
PFA now know that NSE is where to be this year 2020.


Since NTB and FGN Bonds rates are drastically down and ridiculous

I'm sure it is not the PFAs. They can only invest a certain percentage of their AUM in equities as regulated by PENCOM.

If you sold your holdings hoping for a PB am sorry.

Pls who knows when AG Leventis is paying?

[quote author=emmanuelewumi post=85610544]Zenith bank at N25 will still give a dividend yield of 10%, payable in the next 3 months.

Better than 5% from Treasury Bill[/quote]

Even the 5% TB will require you wait for a whole year!

aremso:



This is where newbies will get trapped........hmmm

Getting trapped is part of the game. That's what makes it a merry go round.

OakPearl:
If you sold your holdings hoping for a PB am sorry.

nbst
even the day low is > prev day close , buyers shewing up d sellers with conviction
very strong bullish price action