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Nigerian Stock Exchange Market Pick Alerts - Investment (5146) - Nairaland

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Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)

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Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 2:48pm On Jan 09, 2020
Mcy56:

We wait and see.
Meanwhile, wapco responded towards tail end ......to close at 15.40. smiley

Nice response.
One of my "Rising Giants". grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 2:51pm On Jan 09, 2020
OakPearl:


You sef know say na wash.
Market makers trying hard.
We have seen it all here...MTN and Airtel listings come to mind.
Make we just leave them to Mr. Market to do the DD. grin

As usual whenever I sell, I leave 1000 units behind. Sold CCNN @18.50 (bought at 5.03).
Time to collect jara on the remaining 1000 units
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:52pm On Jan 09, 2020
735i:

Dangote Cement - Circa 60MT coy valued at N2.4trn
Wapco - Circa 10MT coy valued at N224bn
OBU - Circa 8MT coy valued at N1.2trn

Na yam? Why won't market correct it?

and OBU eps is forcast to be less than N2 cheesy,,,,, let wait and see what going to be wapco eps, execially if they can put the Q3 cash to good use

grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:53pm On Jan 09, 2020
Bostin:
Bosses in the house I'm new here and will like to seek your advice . I have two different CSCS account from difference stock brokers in 2008, the two brokers are not in operation again. Please how do I get informations of my accounts . thanks

Go to CSCS office at 2/4, Customs Street, Marina, Lagos, with your details and request for statement of account.

After that, register a with Stock Broker and transfer your shares to the new broker.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:53pm On Jan 09, 2020
OakPearl:
Nice response.
One of my "Rising Giants". grin
Wapco should give this one a good run......if there's nothing else there. grin
Can now see reason for the attention it was getting during trading hours.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:54pm On Jan 09, 2020
Agbalowomeri:
Expect Wapco to respond

agreed boss

grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 2:55pm On Jan 09, 2020
Coolcash1:


The stock is overpriced and trust Mr market to reprice it accordingly. However, assuming its the fair price, then wapco should not be selling below N45.

I am inclined to believe this.

However, we need to see the numbers for the combined entity before ascribing any sort of fair value on it.

My opinion though
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:59pm On Jan 09, 2020
Eyes don dey clear.

I thank those that bought my banks. Now they are forcing the prices down.

And it can get low for me to buy back at the least price.

You were warned.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:01pm On Jan 09, 2020
The people buying Dangote cement: what was there that was not in the public since last year?

That is the question one should ask.

People shirt go tear into pieces.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:02pm On Jan 09, 2020
RabbiDoracle:
Eyes don dey clear.

I thank those that bought my banks. Now they are forcing the prices down.

And it can get low for me to buy back at the least price.

You were warned.

Lol oga u still wan buy back grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:02pm On Jan 09, 2020
RabbiDoracle:
Eyes don dey clear.

I thank those that bought my banks. Now they are forcing the prices down.

And it can get low for me to buy back at the least price.

You were warned.

Ok... so all this ur warning na so that u can buy back? ...U see ur life. wink cheesy grin
Anyway, ur head dey there. ...U should know what's up !! grin grin grin

It is well.
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 3:06pm On Jan 09, 2020
RabbiDoracle:
The people buying Dangote cement: what was there that was not in the public since last year?

That is the question one should ask.

People shirt go tear into pieces.

wanting to buy and ability to buy na diff tinz na.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:07pm On Jan 09, 2020
onegentleguy:


Ok... so all this ur warning na so that u can buy back? ...U see ur life. wink cheesy grin
Anyway, u head dey there !! grin grin grin

It is well.

No. So that they can exit and stay on the sidelines.

When you see heavy volumes like that being bought and sold, it means that these dudes are selling.

I think they are more TA than FA. They just work solely on the charts. That is why MSCI could have Oando on their portfolio. No FA person would suggest such.

Like we all know, the main bull, within 1 hour of trading, market has entered into full bid with bids piling up. These are signs of a major bull. But I am not seeing that. Hence my concern on the 2nd and 3rd of January 2020 trading.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:11pm On Jan 09, 2020
RabbiDoracle:


No. So that they can exit and stay on the sidelines.

When you see heavy volumes like that being bought and sold, it means that these dudes are selling.

I think they are more TA than FA. They just work solely on the charts. That is why MSCI could have Oando on their portfolio. No FA person would suggest such.

Like we all know, the main bull, within 1 hour of trading, market has entered into full bid with bids piling up. These are signs of a major bull. But I am not seeing that. Hence my concern on the 2nd and 3rd of January 2020 trading.


grin grin grin Oga Oracle don't confuse wave 1 and wave 5 grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:12pm On Jan 09, 2020
Agbalowomeri:


Lol oga u still wan buy back grin

Not this period of euphoria. We but when the market is completely ravaged.

I only sell on very strong bullish signals and the chart had been showing it all along.

I wouldn't have sold if those signs for a perfect bull was there. Starting from 2nd and 3rd January, I didn't see the signs especially on the constant supply. During perfect bull, people hoard!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:14pm On Jan 09, 2020
Agbalowomeri:


grin grin grin Oga Oracle don't confuse wave 1 and wave 5 grin

Agba, you don come again.

Agba, look well, there is something you seem to be overlooking.

I just hope I am wrong.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:16pm On Jan 09, 2020
bigjay01:


wanting to buy and ability to buy na diff tinz na.

You are right though.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:17pm On Jan 09, 2020
RabbiDoracle:


Not this period of euphoria. We but when the market is completely ravaged.

I only sell on very strong bullish signals and the chart had been showing it all along.

I wouldn't have sold if those signs for a perfect bull was there. Starting from 2nd and 3rd January, I didn't see the signs especially on the constant supply. During perfect bull, people hoard!

Strong pull backs go come so una fit always reenter
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 3:22pm On Jan 09, 2020
bigjay01:


As usual whenever I sell, I leave 1000 units behind. Sold CCNN @18.50 (bought at 5.03).
Time to collect jara on the remaining 1000 units

You had a nice ride indeed.
Enjoy your jara jor. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:24pm On Jan 09, 2020
Agbalowomeri:


Strong pull backs go come so una fit always reenter

How long it will last is the concern. Because there will be a squeeze (in addition to any decline) that could last all through the non-active months (March till August).

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 3:25pm On Jan 09, 2020
Stocks with new 52 week lows
Meyer #0.50k
Union dicon #10.95k
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:28pm On Jan 09, 2020
RabbiDoracle:


No. So that they can exit and stay on the sidelines.

When you see heavy volumes like that being bought and sold, it means that these dudes are selling. Short terms investors are selling to secure little profit long termers are buying to move market for big profits, if they dont the market would collapse into bull trap.

I think they are more TA than FA. They just work solely on the charts. That is why MSCI could have Oando on their portfolio. No FA person would suggest such. Having Oando is more of FA than TA 1. Going corncern basis, Cheap- marging of safety, cycical nature of oil price, It is gradually overcoming structural issues. TA is based on price action, Oando is not yet supported.

Like we all know, the main bull, within 1 hour of trading, market has entered into full bid with bids piling up. These are signs of a major bull. But I am not seeing that. Hence my concern on the 2nd and 3rd of January 2020 trading. That would occure at phase 2 and partly phase 3 when the herd joins the movement

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 3:42pm On Jan 09, 2020
RabbiDoracle:


No. So that they can exit and stay on the sidelines.

[s]When you see heavy volumes like that being bought and sold, it means that these dudes are selling[/s].

I think they are more TA than FA. They just work solely on the charts. That is why MSCI could have Oando on their portfolio. No FA person would suggest such.

[s]Like we all know, the main bull, within 1 hour of trading, market has entered into full bid with bids piling up. These are signs of a major bull[/s]. But I am not seeing that. Hence my concern on the 2nd and 3rd of January 2020 trading.

Oga, most of your statements are fallacious! I am happy you come up with some understanding of TA knowledge yourself to see the importance of using technical analysis in your investment. However, with all due respect, all you still know are basics and are the reasons behind some of the statements you made above.
grin grin grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:43pm On Jan 09, 2020
Agbalowomeri:


grin grin grin Oga Oracle don't confuse wave 1 and wave 5 grin


grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 3:46pm On Jan 09, 2020
currentprice:


y now bro? nothing to fear for on UBA, though it not bad to cut down if u are too exposure to the banking stock like my oga oracle.

i did same months ago for the fear of cbn policy that may affect bank's earnings at year end. the difference was i put mine own proceed on manufacturing stock not holding d cash grin

i say again, technically January is not time to SELL

grin grin grin grin
Unfortunately, only 8.69% got sold. Anyway, I will chat you up privately boss. Thanks.
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:55pm On Jan 09, 2020
BullBearMkt:

Oga, most of your statements are fallacious! I am happy you come up with some understanding of TA knowledge yourself to see the importance of using technical analysis in your investment. However, with all due respect, all you still know are basics and are the reasons behind some of the statements you made above.
grin grin grin grin grin

Pls forgive him !!
Mr Rabbi might have had a little hangover given the excess loot that's currently at his disposal. wink cheesy grin
U know he's probably on vacation. grin grin grin

...but it is well.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:59pm On Jan 09, 2020
BullBearMkt:

Oga, most of your statements are fallacious! I am happy you come up with some understanding of TA knowledge yourself to see the importance of using technical analysis in your investment. However, with all due respect, all you still know are basics and are the reasons behind some of the statements you made above.
grin grin grin grin grin

I don ask my oga tire make he even try read small TA
He no gree ni grin
Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 4:02pm On Jan 09, 2020
RabbiDoracle:
The people buying Dangote cement: what was there that was not in the public since last year?

That is the question one should ask.

People shirt go tear into pieces.
Please stop scaring people. Let us encourage one another please
Everyone knows that stock trading is risky. Buy vs sell is not a wrestling duel. Let people take there decisions.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:04pm On Jan 09, 2020
Stones on my head.

Mo gbe.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 4:07pm On Jan 09, 2020
RabbiDoracle:
Stones on my head.

Mo gbe.

My Oga, you know I'm always with you. I'm only appealing to you to take it easy with us.
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 4:13pm On Jan 09, 2020
There is a need to thread cautiously with the newly listed BUA CEMENT(formerly, CCNN)
Unfortunately, I've not had the luxury of time to put out a comprehensive analysis of their recent wave of mergers and how it affects u(as a minority stakeholder)
However, if I were a shareholder(already in), I will look to sell off and divest from it.
Given their current mkt prices, WAPCO is a much better place to be at the moment.(FVE against feasible REWARD in view)
Mr WAPCO even @ N21 is a bargain !!

...but that's just me. So people are also very free to follow their instinct.

Salah
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:13pm On Jan 09, 2020
RabbiDoracle:
Stones on my head.

Mo gbe.


grin grin grin

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