Blood on the NSE's dance floor.

NSE: Complete List of Dividends Declared So Far in 2020
https://businesspost.ng/economy/nse-complete-list-of-dividends-declared-so-far-in-2020/

UBA: Seems the supplier is hiding somewhere.

Imagine Transcorp and Oando flexing muscles today.

Fugaz: today is for UBA and Fbnh, maybe it will be the turn of GT and Zee tomorrow....once offers dry up there, we may have some relief.....

Good to see there's no gidigbo this time around. We have all come to understand that NSE is a cycle and this too shall pass away.

Welldone to all forum members. We shall navigate through this as well.

veecovee:


5.65 minus .80 dividend is less than 5. I don't think its bad buying uba @4.85

N4.85 when you can see N2.00

How much was it when Tony scammed us and increased his holding?

.. TRY AND MAKE MONEY WHENEVER THE OPPORTUNITY SHOWS.

BUT, BEAR IT IN MIND THAT OUR WORLD IS IN TROUBLE.

APOCALYPTIC EVENTS ARE LOOMING

Intendy don show. Chai!

stcool:


N4.85 when you can see N2.00

How much was it when Tony scammed us and increased his holding?

Who konws, I may sell at profit and still buy at 2.

The birds have learnt to fly without perching, therefore it's time to shoot them without aiming.

Stocks with new 52 week lows
Unity bank #0.47k
Transcorp #0.76k
Wema #0.50k
Lasaco #0.21k
Unilever #10.60k
Cadbury #6.65k
Npf microfinance Bank #0.85k
Zenith Bank#13.05k
Nacho #2.03k
Oando #2.19k
International breweries #6.35k
NB #33.10k
CAP #19.95k
GTB #19.95k
Stanbic #28.35k
Nascon #11.70k

How it opened in the US. What's the end game?

Will NSE follow suit.

I noticed that Trump is very particular about the US exchange and makes every possible move to keep it booming. How come our CBN governor always talk down on NSE. I bet our president doesn't even know what NSE is.

Intendy:
Stocks with new 52 week lows

Unity bank #0.47k

Transcorp #0.76k

Wema #0.50k

Lasaco #0.21k

Unilever #10.60k

Cadbury #6.65k

Npf microfinance Bank #0.85k

Zenith Bank#13.05k

Nacho #2.03k

Oando #2.19k

International breweries #6.35k

NB #33.10k

CAP #19.95k

GTB #19.95k

Stanbic #28.35k

Nascon #11.70k

Oando should hit N1.00 so that Wale and Co have rest.

lancee:





Oga remzo .. Deep pocket money ready to fight the uba bear ..let it keep goin down ...jejebaba ..babsy how far are u ready for uba
we go dey cut more cakes

I entered uba today at 5.65, if it drops more tomorrow I buy more and also planning to buy some zenith at 11.75 tomorrow.

bloody day 2

Intendy:
Stocks with new 52 week lows

Unity bank #0.47k

Transcorp #0.76k

Wema #0.50k

Lasaco #0.21k

Unilever #10.60k

Cadbury #6.65k

Npf microfinance Bank #0.85k

Zenith Bank#13.05k

Nacho #2.03k

Oando #2.19k

International breweries #6.35k

NB #33.10k

CAP #19.95k

GTB #19.95k

Stanbic #28.35k

Nascon #11.70k

good job bro, very consistent

Justcul:


good job bro, very consistent

Very consistent unlike Mcy56.

#Bike and Heels....

mendes911:

Good to see there's no gidigbo this time around. We have all come to understand that NSE is a cycle and this too shall pass away.

Welldone to all forum members. We shall navigate through this as well.

currentprice:
bloody day 2

Bro,are we going to experience bloody day 4,5,6 and 7?

Bloody day 3 use to be our usual junction to take off........

And those people that bought yesterday will be preparing to sell tomorrow, and those that bought today will sell on Thursday.

Na so the cycle dey go and one would assume that a lot of people are sellings their shares, whereas it might be just some quantity exchanging hands between Arduino and Mcy56 weekly.

mendes911:

And those people that bought yesterday will be preparing to sell tomorrow, and those that bought today will sell on Thursday.

Na so the cycle dey go and one would assume that a lot of people are sellings their shares, whereas it might be just some quantity exchanging hands between Arduino and Mcy56 weekly.

This is savage.���

PharmAlfred:
How it opened in the US. What's the end game?

Will NSE follow suit.

I noticed that Trump is very particular about the US exchange and makes every possible move to keep it booming. How come our CBN governor always talk down on NSE. I bet our president doesn't even know what NSE is.

Pretty sure Buhari doesn't even know what the NSE is. I keep saying the biggest threat to our NSE is not even the crashing oil price or Corona, it is the ineptitude of our clueless aboki President and the ignorant economic adviser he surrounds himself with. I just wish there was a way he could cease being president within the next few weeks.

RabbiDoracle:


UBA is yet to break its 2019 low. Zenith is yet to break its low.

Dangote cement as well.

More falls still possible.

The move in the US futures (rise) and world markets today is due to Trump announcing cuts in salary taxes. This is a small breather but it won't fly.

Once markets start testing 2% fall.... Then 3% fall.... Then 5% fall.... Then 7% fall.... The next one will be scattering.

weren't those prices at $20ish/barrell of Brent? are we heading to $20/barrel

PharmAlfred:
Oyel is looking up. Return of normalcy?

looking up at $37? really?

new normal?

bigjay01:


looking up at $37? really?

new normal?

Where was it headed before now? Yes, it looking up. If the free fall had continued, I bet you won't be typing this.

nna777:


You are welcome to your first baptism. I hope this will be your only baptism because several people have been baptized but they drowned .

If you keep following this thread and read, re-read and re-read again by shifting from all the info passed here, am sure you will do better next time.

caveat - I quoted you because I observed no one responded ( normally you would have gotten a response, but the market is not smiling both for those trapped or those on the sidelines).

Lolz. This one is baptism of fire o but I wont drown. Yea I've been following the thread since then and I know better now.

Jejebabaa:

I entered uba today at 5.65, if it drops more tomorrow I buy more and also planning to buy some zenith at 11.75 tomorrow.

Awesome.. on the same page buddy
The zee wey show me pepper all these year always winning ..I go show am tomorrow / and further deep

Oga mi Mende M come help me o.. I no wan give up on zee

Reduce my exposure @ 16.95 yester .. I no go gree

bigjay01:


looking up at $37? really?

new normal?

Oga BigJay

you shld know beta noww

Russia had not responded yet and if u take into consideration that Russia target is really shale (not Saudi) and also that Shale (WTI) doesnt really get to hurt until sub30 then you shld know that their response wheneva it comes wld still plunge brent to between lower 30 and higher 20s and in addition might keep it in this range for an extended epriod of time (say 6 month / 12 months) so that the shale hedges can wear out.

when is what i dont know but from above you can be rest assured that we are already at the new resistance for brent (i.e. upper 30s) while the new support wld be as stated above (i.e. lower 30s / upper 20s)

lancee:



Awesome.. on the same page buddy
The zee wey show me pepper all these year always winning ..I go show am tomorrow / and further deep

Oga mi Mende M come help me o.. I no wan give up on zee

Reduce my exposure @ 16.95 yester .. I no go gree

That yeye stock? All the best bro. I can only say a prayer for you.

mendes911:


That yeye stock? All the best bro. I can only say a prayer for you.

.. Thanks bro .. Maybe I go win this time around.. Will watch / try my best maybe I fit get a good entry price ..small small

PharmAlfred:


Where was it headed before now? Yes, it looking up. If the free fall had continued, I bet you won't be typing this.

i was more like trying to understand why the 'return of normalcy' in the post.

stemming the flow of blood would have been more apt. IMHO

dinyelutochukwu:
My fingers are really itching me to buy this zenith at N13.05
I have a funny feeling that it won’t be available at this price tomorrow.

The best strategy is not to time the market. Many people get it wrong when they try to use a certain fixed amount of money to build a billion dollar portfolio within the stock market. In that way, you will be forced to take too many decisions that would neutralise your efforts. I think the best strategy is to create a positive cashflow elsewhere that would be steadily deployed consistently into high quality businesses at good prices over time as opportunities present at different times irrespective of market mood.

If you get it wrong at any entry point, positive cash flows would help correct the wrong provided you're sure of the business you are buying into. Risk comes if you do not know what you are doing.

Even the Oracle of Omaha does not know what stock prices would be tomorrow. In fact, cashflows from the dying business and insurance saved Berkshire Hathaway and helped it diversify into Sees' candies and other good quality businesses. Birkshire itself is a bad business bought by Mr. Buffet the greatest investor of the 20th century (awarded by me )with a substantial portion of his net worth sunk into a dying textile business without his knowledge.

Anyone who claims to correctly predict prices does so by mere luck. Let's Walk down to some 5-6years back using one stock I liked. Ucap traded at a low of N1.05 and has since been paying dividends. It also offered some rights issue at 0.90k at one point. I didn't catch it at the time but bought at an average of N1.50 then. It later traded at around N2.40. Compounding at the rate of 20-30% dividend yield by deploying dividends to buy more holdings till date already did wonders even as prices remained unchanged. Only one smart move can send you home happily ever after. You don't need too many opportunities to make home runs.

I often hear people lament that the NSE isn't a place for long term investment. They would go on to cite many toxic businesses whose fundamentals are obviously rat poison to buttress their point. Some mention those with solid footage but that traded at ridiculously high prices. But times over, it's been proven all over the world that over time, money would always chase opportunities, however bad the market or global economy may be.

Take this coy for example, although prices didn't change much from that time of purchase, portfolio holdings aren't the same anymore. I took attention away from the NSE for some time to build other cashflow measures (now a doctor and happily building a company for Nigeria). Today, here we are... Mr. Market is at it again. There's a little difference though. Our businesses have been creating value ever since till date. They are much larger cows to booth. For example, the Zenith bank of some years back isn't the Zenith I'm seeing today. Dangote crossed some new profit and revenue highs, Nascon, Nestle, Okomu, CSCS, and so many others. They are much bigger in terms of value created. Don't be surprised if these businesses do not get to the lows of those years. I saw Zenith around N8. If history repeats itself, it becomes more reasons for us to smile if we aren't near retirement.

Dangote announced his share buyback program. The first I have heard since joining NSE. I love news like it. I will sit back and watch him increase my stake at lower prices.

I have watched my portfolio sink 50% in red in times past. Most times, It doesn't always mean I'm wrong. We shall look back many years from now and be amazed at the opportunities of these days.

God Bless Nigeria.

As crude oil finally parked at $36/$37 and American Dow industry recovery from previous loses. NSE will recover tomorrow from its 2 days blood bath. Since 2 days 99% stocks was padlocked and key thrown inside the ocean, no way to escape for both jijo group and some investors who chooses to bail out. But the keys has been found.

At this junction starting from tomorrow whenever you see opening of the door for you to escape, pls exercise patience don't bail out, because you might ended up seen the same stock you bailed out from within some hours moving up above your exit junction.

Crude oil shall move up again above $50 within a shot period, and NSE will also move up. To all of us who pay this crude oil movement school fees, pls take heart, you shall recover it all.

The current oil war is to educate non - OPEC countries the need to corporate and take part in crude oil cut when ever the need arises.