onegentleguy:


The recent pullback has now brought back the thinking by some investors and analyst alike that the mkt is back to its bearish posture and that prices may well revert back to March 2020 lows (i.e ZENITH and GTB @ N10.70 and <N16.90 respectively)
I laugh when I read such assertions here.

The situation will be similar to when the lock down from the pandemic was at the height of it.
Then, 15 men managed to get a COMMUTER BUS carrying ESSENTIALS for a trip from Kogi to Lokoja after several days of waiting.
...but no sooner had they left, 12 of these men decided to alight from the bus on fears that they may be arrested at a nearby police check point.
Well, the other 3 men decided to allow them alight, and thereafter continued with the journey. ...and in NO time, they arrived safely at their destination in Lokoja.

The other 12 men who then had to walk their way from Kogi to Lokoja were the ones now confronted with the very same fears they had. ...they had to pay their way through every single mobile police checkpoint who reminded them that their was actually a LOCKDOWN !!.
Even when they managed to get to Lokoja and called the other 3, they were told to come to Asokoro in Abuja were they had gone to deliver some of the ESSENTIALS.
...in the end, it turned out to be a (walking)journey full of regrets.

Symbolic meanings;
The lockdown is the present state of the mkt.
The 15 men are INVESTORS.
The commuter bus with essentials are the VALUABLE ASSETS.
The journey from Kogi to Abuja is the REWARD(ROI in view)
The mopol men are the STOCKBROKERS.
...while the 12 men are a make-up of the 12-later word LEMENTATIONS.

The market "is currently in the act of reproducing the 12 other men".
...then it will seperate the 3 shrewd men from the other 12.(this can happen before anyone can say Jack Robinson !!)
TIME will soon set matters straight and put them in their right perspective !!

Regards

You gave us a parable.

Since people are giving out free tips, let me give my own na.

Looking at FCMB daily time frame chart I am seeing an expanding diagonal developing from this years low at 1.47 . I think this current pullback will find support arround 1.7 to 1.73, which makes for good entry at the moment as I am expecting the next bus stop at 2.5 (about 43% uptick).

Do ur DD cos I may be very wrong o.

ositadima1:


I am patiently awaiting FBNH at 5, FCMB at 1.76, and possibly, GTB at 22.

Mcy56:

Call the registrar to know what's happening.

For those of us still waiting for wapco. Act accordingly. This people paid my Fcmb. Mandate now is share by share now .

It's good as everyone calm down now.
Wey that oga that bought Access bank at 7.15 last week?

I never make 10% on top your head?
Just say the truth ......

Loco is still on 100% cash for another entry in the market.pullback(bear's brother)continues tomorrow.

Bike......

veecovee:
I wonder why Access easily fidgets

... N6.5

Address your wondering to Onifa.

J5 Runs

Yes I thinks the process take 15 days thereabout . I am currently processing my Dangsugar too.

Enyinne:
Oga ,are u using Morgan capital as i hv issue with transfer form. I hv not received any dividend wapco and Gtb

ositadima1:
Since people are giving out free tips, let me give my own na.

Looking at FCMB daily time frame chart I am seeing an expanding diagonal developing from this years low at 1.47 . I think this current pullback will find support arround 1.7 to 1.73, which makes for good entry at the moment as I am expecting the next bus stop at 2.5 (about 43% uptick).

Do ur DD cos I may be very wrong o.

Fcmb March low was 1.47,that's good.
My fourth jijo on fcmb since March is coming up soon.

Looking for my usual jijo bottom.

When you see a stock making a low at1.70 and a high at 1.80 and a heavy trade at 1.74/75 and finally close at 1.70,you know the bottom is very very near and breakout is inevitable.

locodemy:
It's good as everyone calm down now.
Wey that oga that bought Access bank at 7.15 last week?

I never make 10% on top your head?
Just say the truth ......

Loco is still on 100% cash for another entry in the market.pullback(bear's brother)continues tomorrow.

Bike......

LOCO this month of JUNE the WALLS of JERICHO will FALL APART.
So GO and OIL your GUNS and SHOT at SIGHT any ANIMAL you SEE

BARGAIN HUNTERS TAKE NOTE!

Stock with new 52 week lows
Afromedia #0.20k
Stocks with new 52 week highs
Neimeth #1.61k
Japaul #0.28k

Just discovered FBNH traded 888.82m units in the month of may

Princkez:
Just discovered FBNH traded 888.82m units in the month of may

https://www.nairaland.com/5903774/robbers-attack-first-bank-kogi#90313454

Black Thursday in Isanlu, Yagba East local government, Kogi State as armed men stormed the town and robbed the only bank we have in Isanlu.

The armed robbers robed and gruesomely murdered all the police men on duty.

They split themselves, some went to police station while some went straight to First bank

May God help us

Princkez:
Just discovered FBNH traded 888.82m units in the month of may

it also traded 1.3B units in the month of March

PETERiCHY:


https://www.nairaland.com/5903774/robbers-attack-first-bank-kogi#90313454

Black Thursday in Isanlu, Yagba East local government, Kogi State as armed men stormed the town and robbed the only bank we have in Isanlu.

The armed robbers robed and gruesomely murdered all the police men on duty.

They split themselves, some went to police station while some went straight to First bank

May God help us

You no well.
Them said volume spike and you dilute it with robbery attack.

Na bear calling you dey o

PETERiCHY:


https://www.nairaland.com/5903774/robbers-attack-first-bank-kogi#90313454

Black Thursday in Isanlu, Yagba East local government, Kogi State as armed men stormed the town and robbed the only bank we have in Isanlu.

The armed robbers robed and gruesomely murdered all the police men on duty.

They split themselves, some went to police station while some went straight to First bank

May God help us

nah Wahoo....God help us. May the souls of the dead rest in peace

PETERiCHY:


LOCO this month of JUNE the WALLS of JERICHO will FALL DOWN FLAT
So GO and OIL your GUNS and SHOT at SIGHT any ANIMAL you SEE

BARGAIN HUNTERS TAKE NOTE!

I think say June na month of heavy bull.
Why you want make I carry gun for two hands again?

I go like to point and kill instead of shooting gun.

Princkez:
it also traded 1.3B units in the month of March

it also traded 1.036B units in the month of April

PETERiCHY:


GUINNESS fair value is N10

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:


GUINNESS fair value is N10

BARGAIN HUNTERS TAKE NOTE!

For me, I am waiting for GUINNESS at N10. That's the BARGAIN HUNGERS junction. Peterichy the chief Amotekum hunter take note

Princkez:
it also traded 1.036B units in the month of April

There is something going on in FBNH. There is a pattern. I still see some more upside in few days time.

http://www.nse.com.ng/Financial_NewsDocs/30377_PRESTIGE_ASSURANCE_PLC_CORPORATE_ACTIONS_JUNE_2020.pdf

I just shake my head sometimes:

41 for 100 bonus in 2018
share reconstruction in 2019
Rights issue in 2019/2020
2 for 11 bonus in 2020

Okay o.

Thanks a bunch. Much appreciated!

For every unit of the stock you hold at current price of 34, you shall be paid a dividend of 2 naira 50 kobo.

Ignore the statement ordinary share of 50 kobo. 50 kobo is the nominal price for most listed stocks.

Meanwhile, withholding tax is 10% of the total sum of the dividend. So assuming that the dividend equals N100,000, you shall be paid only N90,000 while government takes N10,000; if withholding tax applies to your stock, which is most likely the case. [/quote]

Thanks so much boss. I appreciate!

IYGEAL:


For every unit of the stock you hold at current price of 34, you shall be paid a dividend of 2 naira 50 kobo.

Ignore the statement ordinary share of 50 kobo. 50 kobo is the nominal price for most listed stocks.

Meanwhile, withholding tax is 10% of the total sum of the dividend. So assuming that the dividend equals N100,000, you shall be paid only N90,000 while government takes N10,000; if withholding tax applies to your stock, which is most likely the case.

fxuser:

Zenith
Weekly
- last week went to d sellers , almost forming a gravestone doji ( inverted hammer)
(anyways expect more selling to come next week)

(trying to keep things simple can be a difficult task)

watch for support

fxuser:


FBN
- same

UBA
Same , even closed below monday opening

and dem dem

let it settle . .
a week rest or 2 is not bad

Intendy:
Stock with new 52 week lows

Afromedia #0.20k

Stocks with new 52 week highs

Neimeth #1.61k

Japaul #0.28k

issooorai

Princkez:
Just discovered FBNH traded 888.82m units in the month of may

monthly vol trends are up , MAY took a leap for most !

nice

Marketapprentic:



For me, I am waiting for GUINNESS at N10. That's the BARGAIN HUNGERS junction. Peterichy the chief Amotekum hunter take note

lolll too much bitters is not good

its very easy to mistake buying for selling and vice versa lol

#GoodMorning

ositadima1:
Since people are giving out free tips, let me give my own na.

Looking at FCMB daily time frame chart I am seeing an expanding diagonal developing from this years low at 1.47 . I think this current pullback will find support arround 1.7 to 1.73, which makes for good entry at the moment as I am expecting the next bus stop at 2.5 (about 43% uptick).

Do ur DD cos I may be very wrong o.

interesting wave count

fxuser:


watch for support

no comment {daily TF)

fxuser:



- the joy of seeing price moving away from your entry and the discomfort of watching price come back to your entry are both distractions to your plan (if u had one in the first place)

- stay calm , don't be distracted

E Ku Mkt

- is price below your entry ?

fxuser:



chai prof ehn
- its very easy to buy resistance and sell support
-

some will sell support , pls dont be one