15th May 2019, NSE All Share Index = 28,286

22nd May 2019, NSE All Share Index = 31,145

Gain in one week: 10% similar to what we are seeing now.

The market slowly but surely gave up its gains. That sounds like a pump and distribute to me.

People rushed in in their numbers, people sold other assets to key-in....
Increased and new monikers started viewing this thread....
A lot of PM messages started going to the respected members of this forum....
This thread started growing very fast in pages as is the case now.
Fear of Missing Out (FOMO) went into full swing.


fast forward to:

2nd Aug 2019, NSE All share index =27,630....11% loss from the high.
The market had slowly but surely given up all the gains it got in one week.

Newbies started saying...You see, this market is a fraud. I knew it! I'm out!

People should just be careful. The key thing is to not be caught holding the short end of the stick.

kolaish:
Personally, I do not think the bull will last more than 17 January 2020. The bull was brought about by money coming from PFAs and other institutional investors that have exited treasury bill because of the low turnout to position themselves in stock that can offer higher dividend yield.

We should watch our backs and be on alert not to be caught unaware. Remember that all the gains we have remains paper gain/profit until it is sold. Babalawo Rabbi is partially right, only that no one can perfectly predict the market.

Disclosure: Yours truly exited UBA yesterday. Bought at 6.04 and sold at 8.80. Would exit FBNH if it reaches around 8.5. I bought at 6.07. Meanwhile, I am still on a no gain, no lost position on FO because I bought at average price of 16.70. Transcorp is yet to meet my entry price of 1.16, but will consider selling if it reaches that 1.16, not to tie my capital down unnecessarily again.

All these are coming because you follow some folks? Sorry you have not seen anything yet. Just refuse to be tempted. QED

PROVERBS 13:11.

I am back from Seun's cell.....
The enemies of my enemies shall fight them and I will stand to take over left over fields flowing with milk and honey...
Freedom is indeed expensive....
Better to be at war for freedom than to be a free slave......

DeRuggedProf:
PROVERBS 13:11.

I am back from Seun's cell.....
The enemies of my enemies shall fight them and I will stand to take over left over fields flowing with milk and honey...
Freedom is indeed expensive....
Better to be at war for freedom than to be a free slave......

austinkenneth:
15th May 2019, NSE All Share Index = 28,286

22nd May 2019, NSE All Share Index = 31,145

Gain in one week: 10% similar to what we are seeing now.

The market slowly but surely gave up its gains. That sounds like a pump and distribute to me.

People rushed in in their numbers, people sold other assets to key-in....FOMO went into full swing.


fast forward to:

2nd Aug 2019, NSE All share index =27,630....11% loss from the high.

Newbies started saying...You see, this market is a fraud. I knew it.

People should just be careful. The key thing is to not be caught holding the short end of the stick.

If you are a student of the market, what you said is the right thing to happen under that context, We should take time to study and understand how the market works.

When there is no where to go up again it comes down when there is no where to go down again it goes up. Accumulation and distribution theory at work. Read it and use it to your advantage.

Good morning everyone please what's the best time to invest in stock and I would really like to know the stock market to invest in thanks

Drakky47:
Good morning everyone please what's the best time to invest in stock and I would really like to know the stock market to invest in thanks

oga, you are just waking up? if you cant join the moving train now then hold your peace oo if not moving train can crush person ooo

lol not just waking up and please can you help

Drakky47:
Good morning everyone please what's the best time to invest in stock and I would really like to know the stock market to invest in thanks

We are at the early stage of bull market. You can invest now and make decent profit.

Depending on the nature of investor you are, conservative or agressive. Zenith bank is still good at current price with peace of mind.

UBA is getting out of hands, FBNH is cool too all these are running fast leaving limited upside room.

Thanks can we talk better on WhatsApp please

[quote author=lancee post=85625167][/quote]

Abi now, make I go join my oga Rabiu Onifa for Maldives for winter vacation.

sellydion:


We are at the early stage of bull market. You can invest now and make decent profit.

Depending on the nature of investor you are, conservative or agressive. Zenith bank is still good at current price with peace of mind.

UBA is getting out of hands, FBNH is cool too all these are running fast leaving limited upside room.

Please edit and add a caveat. There is a lot of certainty connotations in that statement.

Jejebabaa:


Abi now, make I go join my oga Rabiu Onifa for Maldives for winter vacation.

Drakky47:
Good morning everyone please what's the best time to invest in stock and I would really like to know the stock market to invest in thanks

Buy only good dividend paying stock like Uba, Zenith. If there is no capital appreciation, at least you will get good dividend. In Oga oracle voice, if it no vomit, it go poo.

DeRuggedProf:
PROVERBS 13:11.

I am back from Seun's cell.....
The enemies of my enemies shall fight them and I will stand to take over left over fields flowing with milk and honey...
Freedom is indeed expensive....
Better to be at war for freedom than to be a free slave......

Welcome Back Prof...
We miss your words of wisdom & proverbs....
That can lighten our path....
In this unexpected bullish run...

Ladasha:
Guys, please I am a newbie in need of advice. I will be joining the ride today but I don't know which stock to pick. I had Access in mind, but I don't think now is the best entry time. Your suggestions are welcomed please.

Investment aim: Capital appreciation

Duration: short to medium term

Okay....i need more newbie entrants like this to the market. The time cometh shortly.....

DeRuggedProf:
PROVERBS 13:11. I am back from Seun's cell..... Freedom is indeed expensive....
Better to be at war for freedom than to be a free slave...... .

E ku freedom from Seun's 'cell' o.
Don't worry Prof, na you go woundjure that BOT las las.
Prof, I for don follow you enter that dust oooo.

Drakky47:
Good morning everyone please what's the best time to invest in stock and I would really like to know the stock market to invest in thanks

Interesting....

Oracle are you seeing what i am seeing? You may be right about timing afterall.

Pre market is not looking bad.......but make we wait and see Wetin my ogas dey see first.

Meristem projected UPP of GSK to be 86% from the CP. With a strong buy Recommendations.

Caveat: DD still applies.

The Ogas of the house may still throw more light to it.

megawealth01:
All the gurus in the house... How profitable is UCAP and GSK?

@Ladasha I would have suggested Wapco, UBA or UACN if entered at good price.......but Access too is good.
Pls do your DD.
*Wapco currently falling in price .....fall stabilized at 14.50

DOLLARTEX:
http://www.nse.com.ng/Financial_NewsDocs/28534_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JANUARY_2020.pdf

Saw it yesterday. Maybe the Ogas inside wan buy?

bigjay01:


Please edit and add a caveat. There is a lot of certainty connotations in that statement.

@bigjay01, Though I am extra positive the hereunder should be read in conjuction to the post

Please note that "investment is risky, there is no guaranty of profit, investor could as well make a loss"

Early profit taking stabilized......bids building up.

Caveat: Not to take as buy or sell recommendation

DOLLARTEX:
http://www.nse.com.ng/Financial_NewsDocs/28534_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JANUARY_2020.pdf

Access Bank insiders now want to buy. You know what that means. Grab your copy.

Mcy56:
Early profit taking stabilized......bids building up.

Caveat: Not to take as buy or sell recommendation

JAIZ Magic........

sellydion:


We are at the early stage of bull market. You can invest now and make decent profit.

Depending on the nature of investor you are, conservative or agressive. Zenith bank is still good at current price with peace of mind.

UBA is getting out of hands, FBNH is cool too all these are running fast leaving limited upside room.

ETI and Dangote Cement still has a long way to go

[quote author=DOLLARTEX post=85637714]http://www.nse.com.ng/Financial_NewsDocs/28534_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JANUARY_2020.pdf[/quote

Do they force them to announce the date before. They should not play pranks like Fidelity did last year o.

Dangote Cement the most capitalized stock in NSE is almost on full bid @#180 and someone is telling me that he's seeing BEAR