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Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:04pm On May 22, 2020
ebuka1997:

I can see it separately like this.. I’m trying to understand how I can use it on charts to see movement

From the indicators list in picture 2 select moving average exponatial. If you want 10 and 20 days periods, you have to select it twice. Once u have the indicator on chart, select d tiny gear on it, from their u can change period as well as color etc.

Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 2:06pm On May 22, 2020
dharpzee:


Na their 1 for 5 bonus dividend o, I wonder when their qualification date go be sef.

Some bonus be like Christmas chicken o. They fatten them up to be killed later.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 2:09pm On May 22, 2020
Mcy56:

The result is not bad.
FIDSON is currently trading at 3+ and they declared 15k, so also M&B @ 3+, 20k.

Though I knew they belong to different sector, yet Caverton is still cheap at that price by my own understanding.
The stock is just surrounded by negative sentiments, that's what I see there.
Also, there are times some stocks get bashed once dividend is declared but will start picking gradually again.

Wait o, are there no Caverton faithfuls here except OGG? Jideflash come and say something here. grin


The result is definitely not bad.
I think people are just disappointed with the dividend.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 2:10pm On May 22, 2020
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 2:10pm On May 22, 2020
austinkenneth:

Exactly the reason I didn't buy more. But there is a 1 for 5 bonus coming.

I know about the bonus but a combination of outstanding shares dilution and declining profit don't look attractive to me.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 2:19pm On May 22, 2020
Mcy56:

Did you eventually buy?
Thought you said you don't have fund for it. I know your eyes no go gree. grin
I wasn't able to buy then cos money been no dey as you said. I dey wait for the normal junction for the next wave. I now have dedicated JIJO Fund for Jaiz trading. My eyes don clear.
cheesy cheesy.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:31pm On May 22, 2020
The result is not bad at all. the only issue here is the reduction in dividend declared which was expected due to the current economic risk. They will have to make provision for FX devaluation (which will affect cost of imported spare-parts and loan servicing for new aircrafts) and also prepare for slowdown in the oil market, as nigeria has cut production level. So this is them been conservative.


Mcy56:

The result is not bad.
FIDSON is currently trading at 3+ and they declared 15k, so also M&B @ 3+, 20k.

Though I knew they belong to different sector, yet Caverton is still cheap at that price by my own understanding.
The stock is just surrounded by negative sentiments, that's what I see there.
Also, there are times some stocks get bashed once dividend is declared but will start picking gradually again.

Wait o, are there no Caverton faithfuls here except OGG? Jideflash come and say something here. grin


its caverton i sold off by mistake last week, i will be glad to reload heavily going forward. cool i was able to use the mistake sell-money, to enter fbnh at 4.70. so sometimes a mistake is a blessing in disguise.
jideflash:
Meritrade mobile website can cause big loss. You put price limit you want, but the market price option will still show up, except you change it to limit. If you no look well, you make very costly trade loss. Chai, I don suffer big loss today. cry

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Jejebabaa: 2:36pm On May 22, 2020
locodemy:


Will he because he bought at March low erase his 20% profit just like that?

20% at four different stocks,that's cool 80%.

He should open his eyes wide and watch.
Next week is Salah and from all indications, negative news abound in Nigeria and economy.

Oga Loco, this ur maths skill get as he be ooo.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 2:43pm On May 22, 2020
ositadima1:


From the indicators list in picture 2 select moving average exponatial. If you want 10 and 20 days periods, you have to select it twice. Once u have the indicator on chart, select d tiny gear on it, from their u can change period as well as color etc.


Thanks!! Very helpful
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 2:47pm On May 22, 2020
Stock with new 52 week lows
Afromedia #0.28k
Stocks with new 52 week highs
Mobil #213.90k
Regency alliance #0.23k
Neimeth #0.86k
Aiico #1.04k
JB #27.10k

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:48pm On May 22, 2020
Jejebabaa:


Oga Loco, this ur maths skill get as he be ooo.

Shebi those posts that quoted me earlier corrected it.Why bringing it back again when we have moved on...........

8 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 2:51pm On May 22, 2020
http://www.nse.com.ng/market_data-site/other-market-information-site/FPI%20Report/NSE%20Domestic%20and%20FPI%20Report%20April%202020.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by Opzyyy: 3:09pm On May 22, 2020
anjilgreat:


I want clarification on your question, are you saying that you have decided to invest long-term and no more short-term plan?. If you are planning long-term, my earlier can still be considered.
oh I'm sorry, "planning short term" was a typo. I wanted to say i have plans for short term already, just looking for long term options especially in shares investment with low price and growth potential.

So if going by what you initially suggested, then Zenith should be fine. Will do my due diligence

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Layi9: 3:38pm On May 22, 2020
Bosses,i hail o.....please would the looming recession affect the Market?...i had to pull out of one trade today cuz of the news
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 3:41pm On May 22, 2020
UPDATE FOR WEEK ENDED 22 MAY AND PLAN FOR NEXT WEEK STARTING 27 MAY 2020
Bulls were on target for days this week.
Gain for the week: +5.59%
Gain for the Month: +9.49%
Gain for the Qtr: +18.33%
Loss for the year: -6.10%


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:52pm On May 22, 2020
Uchetoba:

High Chief RabbiDOracle said sell everthing including your bonk grin and buy UACN.


Please mind how you write untruths. When did I say people should sell everything and buy UACN?

I hardly give a recommendation on non-banks except in special situations.

Kindly produce the post supporting your claim.

9 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Dupeodus: 3:56pm On May 22, 2020
Heishere:


But their quarter 1 result is not good, so what is driving it?

The AIICO q1 result is a continuation of aiico's management practice of depressing the financials to keep the stock price low so they could finish whatever they need to do. The current need is for the MD that was appointed lat year and had no shares before to accummulated shares and is currently doing it at relatively low price. Look at that q1 results again. The last line is a finance cost of slightly over =N=1 billion naira. This is a company that is flushed with cash and government securities. The only liability in their book is the IFC loan of $7 million. I will even grant that included in that finance cost is maybe =N=350 million in the depreciation of the naira and you add that to the normal quarterly cost of about =N=50 million related to the loan. That is still =N=400 million, a good 600 million less than what was charged. But you know what, let's even leave it as the first quarter charge, unless naira completely goes to the gutter, it will not recur in subsequent quarters. That gives you an idea of what the year will look like. This is is addition to an unexplained charge of =N=975 million that AIICO continues to charge every quarter to add to the 'other contract liability' line. By the end of the first quarter, about =N=6 billion has been accummulated on that liability line that AIICO has never explained to whom or what product they owe the money to. Every quarter, it's a charge to the P&L with a credit to that liability. I have checked the financials of other insurance companies and they don't have anything similar. Lastly, you have to consider that the Leapfrog investors bought at =N=1.20. they are no fools if you research into them. They must know what they are buying into.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:58pm On May 22, 2020
I thought as much you will pick this up grin
RabbiDoracle:


I know you are not irresposible to put all your eggs in one basket,

Please mind how you write untruths. When did I say people should sell everything and buy UACN?

I hardly give a recommendation on non-banks except in special situations.

Kindly produce the post supporting your claim.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 4:02pm On May 22, 2020
RabbiDoracle:
Please mind how you write untruths. When did I say people should sell everything and buy UACN?

I hardly give a recommendation on non-banks except in special situations.

Kindly produce the post supporting your claim.
Boss, it should be a mistake.
If you notice, he quoted Agba, he's referring to him, I wanted to correct him but forgot.
You're becoming a household name niyen sir. grin

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:04pm On May 22, 2020
RabbiDoracle:



With 24K surpassed, the next hurdle is 25,700.

We have entered the period where any company that releases bad results will even be getting serious bids on the stock. grin grin

This bull is from Burundi. (Buru in yoruba means wicked). grin grin

Best of luck!

ASI now at 25,204. Getting closer to the one indicated above.

Once surpassed, the next target is 29,500 support.

Sit still. Turbulence ahead.

Goodluck!

12 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 4:10pm On May 22, 2020
pluto09:

The result is definitely not bad.
I think people are just disappointed with the dividend.
Should reverse by the time it gets to 2.40/2.50 I think, that's if it gets there cos many are yet to see the result and, the heavyweights are not selling.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:11pm On May 22, 2020
Intendy:
Stock with new 52 week lows

Afromedia #0.28k

Stocks with new 52 week highs

Mobil #213.90k

Regency alliance #0.23k

Neimeth #0.86k

Aiico #1.04k

JB #27.10k

Gradually the list is getting longer grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:14pm On May 22, 2020
Sister, Good for your clarification,

One of your gifts is ability to write well.
Hope you will explore it. Have a nice weekend.

Mcy56:

Boss, it should be a mistake.
If you notice, he quoted Agba, he's referring to him, I wanted to correct him but forgot.
You're becoming a household name niyen sir. grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:16pm On May 22, 2020
You said so. grin Intendy should scout for assistance very soon.

RabbiDoracle:


Gradually the list is getting longer grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 4:26pm On May 22, 2020
sellydion:
Sister, Good for your clarification,
One of your gifts is ability to write well.
Hope you will explore it. Have a nice weekend.
Thanks.
Do have a great one too.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:28pm On May 22, 2020
sellydion:
Sister, Good for your clarification,

One of your gifts is ability to write well.
Hope you will explore it. Have a nice weekend.


I wrote something and you edited my post to include what I did not write.

Is this how you people behave here? See the screenshot of what you sent.


RabbiDoracle:


Please mind how you write untruths. When did I say people should sell everything and buy UACN?

I hardly give a recommendation on non-banks except in special situations.

Kindly produce the post supporting your claim.

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:33pm On May 22, 2020
Oracle, Sorry, I dont have such power. It is Nairaland system malfunction .

I was also wondering here why my post was not completed. I CANNOT EDIT YOUR POST.

RabbiDoracle:


I wrote something and you edited my post to include what I did not write.

Is this how you people behave here? See the screenshot of what you sent.


1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 4:52pm On May 22, 2020
RabbiDoracle:


I understand schools better o. I am a father who pays millions in school fee for my son per annum. And I have also had chat with former teachers who tell you how much school pays. Gamalie dey pay any teacher up to 200K?

Teachers wage bills are meagre compared to the income that Gamalie makes. And these school owners, if forward-thinking, should have huge reserves.

Schools are reopening worldwide and there is no need for layoffs, furloughing. The crisis has passed.

Government always owe salaries even before the pandemic. So the people are used to it.



Teachers pay constitute the greatest draw on a School's resource.

Crisis has not passed in Nigeria oo. We are just starting. Not close to the peak at all.

Consulted for a leading school in PH. Teachers were told to pick between half salary in April and May or full salary in April and no salary in May. They picked full salary in April. Now that may is here they are wondering whether they will get paid in May. My question is where will the money come from?

Employees need to consider the business when making demands. It is like a pilot resigning from Virgin. Which airline will employ him now? This is a problem affecting the sector as a whole!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 4:55pm On May 22, 2020
sellydion:
Oracle, Sorry, I dont have such power. It is Nairaland system malfunction .
That statement was not in sync with the entire body self.
NL due for upgrade again.
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 5:06pm On May 22, 2020
jideflash:
The result is not bad at all. the only issue here is the reduction in dividend declared which was expected due to the current economic risk. They will have to make provision for FX devaluation (which will affect cost of imported spare-parts and loan servicing for new aircrafts) and also prepare for slowdown in the oil market, as nigeria has cut production level. So this is them been conservative.





its caverton i sold off by mistake last week, i will be glad to reload heavily going forward. cool i was able to use the mistake sell-money, to enter fbnh at 4.70. so sometimes a mistake is a blessing in disguise.

You are an insider o....mistake or no mistake.
Re: Nigerian Stock Exchange Market Pick Alerts by Standardguy(m): 6:01pm On May 22, 2020
RabbiDoracle:


ASI now at 25,204. Getting closer to the one indicated above.

Once surpassed, the next target is 29,500 support.

Sit still. Turbulence ahead.

Goodluck!

You are really superhuman. Please continue to be patient as you have always been on this public forum as some people here may be out to send you to oblivion out of envy. Please keep us informed of the appropriate time to leave the market as some of us have pot belly just like you. I cherish you

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by gabscity(m): 6:50pm On May 22, 2020
meine:
Stop Confusing people, Even though it favors me,i dont think Zenith is going down to N11.90 anytime in the future, Technicals dont have anything to do with COVID19 lockdown which caused the March Panic Selloff. If you couldn't predict the movement of Bitcoins correctly(which is your main field) be careful in saying Zenith will come down to N11.

Baba, you dey vex o... Anyway, u did well cheesy

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