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Nigerian Stock Exchange Market Pick Alerts - Investment (5220) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 1:15pm On Jan 28, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by lafencer: 1:17pm On Jan 28, 2020
Jejebabaa:

That interest rates might be jacked up soon with this new CRR that was increased to 27.5%.

arduino:

I thought of this too......
That 1.75% per month dey too tempting sha ooo


It was reduced to 1.33% earlier this month

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:25pm On Jan 28, 2020
Nem ...........2.40 -----up wt 20k
Nahco ...............2.80 .................up wt 11k
Vitafoam............5.50............up wt 20k
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:28pm On Jan 28, 2020
Willie2015:


Dont think so..
It goin to come down more....
A little upsurge in big stocks...
Like Seplat, Dgte... Nestle etc
Cos of EOM activities....

You have sense. Keep it up.
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 1:29pm On Jan 28, 2020
lafencer:





It was reduced to 1.33% earlier this month
shocked shocked shocked
I didn't know about this. I still get regular notifications on their app and emails. All indicate monthly rate of 1.75%
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:29pm On Jan 28, 2020
Hmmm.... This is just a scratch.

Soon people go dey sweat inside Air-conditioned room.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 1:31pm On Jan 28, 2020
RabbiDoracle:
Hmmm.... This is just a scratch.

Soon people go dey sweat inside Air-conditioned room.
Biko Oracle, no kill person here ooo
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:36pm On Jan 28, 2020
arduino:

Biko Oracle, no kill person here ooo

Be careful, any slight recovery could end up being a trap.

Newbies bought Access at 12, UBA at 9.25, GTB at 34 ati bebelo.

Those holding cash should continue to hold. Just relax on your mattress and watch TV.

When banks start to increase deposits rates just to cull funds from the public because of the CRR hike, then we will see better run.

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:37pm On Jan 28, 2020
RabbiDoracle:
Hmmm.... This is just a scratch.
Soon people go dey sweat inside Air-conditioned room.
Sir, with all due respect, I don't think there's any need to "curse" anyone here.
When we were expecting 10-10% and it didn't happen, our shirts didn't tear that time, it wouldn't tear now either by God's grace.
You've always advice and give us direction. We appreciate and look forward to more of this rather.
Thanks sir.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 1:43pm On Jan 28, 2020
RabbiDoracle:
Hmmm.... This is just a scratch.

Soon people go dey sweat inside Air-conditioned room.

Loooooool

We like it like that. .....go your vacation na oga RabbiDoracle

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 1:46pm On Jan 28, 2020
Willie2015:


Dont think so..
It goin to come down more....
A little upsurge in big stocks...
Like Seplat, Dgte... Nestle etc
Cos of EOM activities....

End of month activities might not be the cause. People started selling when the Brent started going south. The cushion effect might start tomorrow to douse this panic selling. I think our 2020 budget was pegged at 60 dols per barrel.
Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 1:46pm On Jan 28, 2020
ukay2:


Loooooool

We like it like that. .....go your vacation na oga RabbiDoracle
My oga just came back from vacation with NSE loot after barbing newbies gorimakpa.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 1:46pm On Jan 28, 2020
RabbiDoracle:


Be careful, any slight recovery could end up being a trap.

Newbies bough[b]t Access at 12, UBA at 9.25, GTB at 34 ati bebelo.
[/b]
Those holding cash should continue to hold. Just relax on your mattress and watch TV.

When banks start to increase deposits rates just to cull funds from the public because of the CRR hike, then we will see better run.
Na wa money. ....we no go run
We go average down ni
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:47pm On Jan 28, 2020
Mcy56:

Sir, with all due respect, I don't think there's any need to "curse" anyone here.
When we were expecting 10-10% and it didn't happen, our shirts didn't tear that time, it wouldn't tear now either by God's grace.
You've always advice and give us direction. We appreciate and look forward to more of this rather.
Thanks sir.

Madam Mcy, how is 'sweating inside AC room' a curse?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 1:48pm On Jan 28, 2020
Jejebabaa:

My oga just came back from vacation with NSE loot after barbing newbies gorimakpa.


No mind am


We de here

If all of us sell that time, who RabbiDoracle go buy from. ....
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:48pm On Jan 28, 2020
RabbiDoracle:
Hmmm.... This is just a scratch.

Soon people go dey sweat inside Air-conditioned room.

Sir, we know that the market do not move on a straight line.

But pls help bring uacn down to 7 ... grin

...ifa grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:49pm On Jan 28, 2020
thebargainhunte:


End of month activities might not be the cause. People started selling when the Brent started going south. The cushion effect might start tomorrow to douse this panic selling. I think our 2020 budget was pegged at 60 dols per barrel.

It was pegged at 57. And Oil outlook seems bearish.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:53pm On Jan 28, 2020
veecovee:


Sir, we know that the market do not move on a straight line.

But pls help bring uacn down to 7 ... grin

...ifa grin

I badly need more of the stock, ... like it's body language

How I wish it obeys Oracle to come down to 7
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 2:00pm On Jan 28, 2020
RabbiDoracle:


Be careful, any slight recovery could end up being a trap.

Newbies bought Access at 12, UBA at 9.25, GTB at 34 ati bebelo.

Those holding cash should continue to hold. Just relax on your mattress and watch TV.

When banks start to increase deposits rates just to cull funds from the public because of the CRR hike, then we will see better run.

Where is the statistics that shows that it was newbies that bought those your quoted price?
It might be professionals like you who want to go second missionary journey or who want to collect dividends shikena.
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 2:02pm On Jan 28, 2020
RabbiDoracle:


It was pegged at 57. And Oil outlook seems bearish.
Thank you for d correction.
Yes, because of over supply and corona virus and even the USA up coming election.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:02pm On Jan 28, 2020
RabbiDoracle:
Madam Mcy, how is 'sweating inside AC room' a curse?
Maybe it was my interpretation of it. Apologies if you don't mean it that way sir.
.......but the point I was trying to make in a nut shell is to get the next direction of market based on FA/TA/GA or even SA instead of dwelling on the past.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 2:03pm On Jan 28, 2020
Jejebabaa:

My oga just came back from vacation with NSE loot after barbing newbies gorimakpa.

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:08pm On Jan 28, 2020
GTB is reversing up again ............31 now.
This market self. grin
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:10pm On Jan 28, 2020
veecovee:


I badly need more of the stock, ... like it's body language

How I wish it obeys Oracle to come down to 7

When someone is waiting at km4
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:15pm On Jan 28, 2020
Mcy56:

Maybe it was my interpretation of it. Apologies if you don't mean it that way sir.
.......but the point I was trying to make is to get the next direction of market based on FA/TA/GA or even SA instead of dwelling on the past.

Oil is our mainstay. The outlook is bearish. Even without the virus scare, it was bearish. There is a large supply. The virus scare worsened it.

As for the direction, it is just to maintain a cautious approach.

I believe this CRR news could have its impact as well.

Look at it this way: CBN will hold additional 5% of funds from bank. This fund will not be available to the banks. Banks will have to find funds. They will increase deposit rates to attract people to drop their funds with them. Those funds that are meant to find their way into the market will prefer to give bank presuming that Tbills remains depressed. That way funds are starved from NSE to support any rally.

This is another negative in addition to those that are selling off.

This points to the fact that the volume seen this January is just unusual.

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:23pm On Jan 28, 2020
RabbiDoracle:
Oil is our mainstay. The outlook is bearish. Even without the virus scare, it was bearish. There is a large supply. The virus scare worsened it.
Okay. Thanks sir.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:26pm On Jan 28, 2020
Access was sold down to 9.60.
A bid of 4M and 500k at N10 were on ground now.
This access is gradually turning to jijo stock. lipsrsealed
It's well. grin
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:26pm On Jan 28, 2020
ukay2:


Loooooool

We like it like that. .....go your vacation na oga RabbiDoracle


That was what we told him at the other place. He should leave those in market alone, some of us love torn shirts.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by lafencer: 2:29pm On Jan 28, 2020
emmanuelewumi:



That was what we told him at the other place. He should leave those in market alone, some of us love torn shirts.

Na where una dey meet grin? Please share wink
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:30pm On Jan 28, 2020
[quote author=thebargainhunte post=86178331][/quote]
Lol @ the dog meme grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:33pm On Jan 28, 2020
Some entities are actually mopping up Access..........maybe we'll know their reason for this with time. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 2:38pm On Jan 28, 2020
Brent on the move grin grin grin

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