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Nigerian Stock Exchange Market Pick Alerts - Investment (5850) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Babalakin(m): 1:20pm On Jul 07, 2020
OakPearl:


Zenith Bank, GTBank, Ucap/Afriprud.
The first 2 guarantees you twice (Interim and final) a year dividend payments every September/October and March/April.
thanks a million, I really appreciate this.will split my portfolio to accommodate the 2 stocks you highlighted above.thanks again.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 1:30pm On Jul 07, 2020
fxuser:


UBA
- not a bad place to be wrong

dis
buying here too


Buying mode activated for so long Sir...
���
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:38pm On Jul 07, 2020
Mcy56:
Zenith hit resistance at 16.20 again.....

Fidelity: Lots of transactions and crossings at 1.70.....

That's the consolidations am talking about.Will soon brk out.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 1:45pm On Jul 07, 2020
Babalakin:
thanks a million, I really appreciate this.will split my portfolio to accommodate the 2 stocks you highlighted above.thanks again.

Enjoy sir.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:51pm On Jul 07, 2020
locodemy:


That's the consolidations am talking about.Will soon brk out.

FCMB dey do like Yo Yo, person way dey collect 2 to 3% untop trade charges for don chop like 15% plus. Enter at 1.7 discharge at 1.79, it has done this brake dance alot o.
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 1:52pm On Jul 07, 2020
Mcy56:
Anyone looking for bargain should keep eye on JBerger......
Some investors can be so impatient.......
Maybe some people sighted result already or it's itchy fingers.....

Kai. Seriously bleeding. Will this ever stop or I should just sell at d loss??
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 1:57pm On Jul 07, 2020
Krisuba:


Kai. Seriously bleeding. Will this ever stop or I should just sell at d loss??

What was the aim of buying it?

What price did you buy it?

Do you have more funds to buy it now?

This will help. .....
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 2:01pm On Jul 07, 2020
ukay2:


What was the aim of buying it?

What price did you buy it?

Do you have more funds to buy it now?

This will help. .....

Mehn . I bought at predivident at 26. My aim was growth oo. No fund to average down!!
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:03pm On Jul 07, 2020
Krisuba:
Kai. Seriously bleeding. Will this ever stop or I should just sell at d loss??
JB wasnt expected to shed this much but like other good ones, it did.
Anyone entering JB bus is not expected to do so for short term.
My own advice:
Leave it. Don't sell. If you have extra fund buy more to average down your cost price.
Also keep abreast of news around it.
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:04pm On Jul 07, 2020
Krisuba:


Mehn . I bought at predivident at 26. My aim was growth oo. No fund to average down!!

Na serious matter.

If you can hold for 5years upwards, hold...
The paper loss is already much....hold than selling at a real loss
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:06pm On Jul 07, 2020
Krisuba:


Mehn . I bought at predivident at 26. My aim was growth oo. No fund to average down!!

I understand ur predicament. Na so I buy CAVERTON for testing and it has lost 27% since. Na 250k dey there, I don forget am, If it wants make him drop by 70% no wahala. Lol.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:09pm On Jul 07, 2020
ositadima1:


FCMB dey do like Yo Yo, person way dey collect 2 to 3% untop trade charges for don chop like 15% plus. Enter at 1.7 discharge at 1.79, it has done this brake dance alot o.

A sign of further break out too.
The duo is planning to lift the tier2 banks very soon.
Both will trade above #2 in this July.

Talk say na Loco tell you.
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 2:09pm On Jul 07, 2020
[quote author=ukay2 & Mcy

Thanks guyz. Its just to forget d stock there!!

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Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:10pm On Jul 07, 2020
Krisuba:

Mehn . I bought at predivident at 26. My aim was growth oo. No fund to average down!!
I don't think it's advisable to sell at current price. JB disappointed her shareholders cos me that I dont have self, I don't expect it to be trading less than 30........but this is Mr. Market for you.
Some illiquid stocks, such as JB are good for long termers.
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:11pm On Jul 07, 2020
Krisuba:
[quote author=ukay2 & Mcy

Thanks guyz. Its just to forget d stock there!!


Hope you got the dividend and bonus shares?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:13pm On Jul 07, 2020
ositadima1:


I understand ur predicament. Na so I buy CAVERTON for testing and it has lost 27% since. Na 250k dey there, I don forget am, If it wants make him drop by 70% no wahala. Lol.

But they notified Nse and the investing public concerning the challenges they will encounter in the remaining session of the year.I remember that of Julius Berger too.

Why are people crying on their head now?
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:13pm On Jul 07, 2020
locodemy:


A sign of further break out too.
The duo is planning to lift the tier2 banks very soon.
Both will trade above #2 in this July.

Talk say na Loco tell you.

We are already in Oversold Zone...

Reverse and break out is almost certain
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:14pm On Jul 07, 2020
locodemy:


But they notified Nse and the investing public concerning the challenges they will encounter in the remaining session of the year.I remember that of Julius Berger too.

Why are people crying on their head now?

They are learning from Mr Market way of life....

They will recover at the end....
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:16pm On Jul 07, 2020
locodemy:


But they notified Nse and the investing public concerning the challenges they will encounter in the remaining session of the year.I remember that of Julius Berger too.

Why are people crying on their head now?

I am not crying o, if you have noticed I am kind of new to this game, I dey learn as I dey go. This Corona period has really benefited my financial education and finances.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:17pm On Jul 07, 2020
Hehehe!
Is fcmb on full bid in this July bonanza...?

Cc: chibuking

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:19pm On Jul 07, 2020
ukay2:


We are already in Oversold Zone...

Reverse and break out is almost certain

E don begin happening.....

Lol
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:19pm On Jul 07, 2020
grin
leo1234:


You said this week o.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:20pm On Jul 07, 2020
locodemy:

But they notified Nse and the investing public concerning the challenges they will encounter in the remaining session of the year.I remember that of Julius Berger too
When did JB issue warning? Wasn't aware of any.
The thing is, even if a coy issue a warning, does that automatically means they'll underperform?
I thought it's just a way to prepare shareholders mind for eventualities.....but people are always quick to run.
What if coy pretend, will they panic?
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:20pm On Jul 07, 2020
locodemy:


E don begin happening.....

Lol

Loooooool
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:21pm On Jul 07, 2020
Mcy56:

When did JB issued warning? Wasn't aware of any.
The thing is, even if a coy issue a warning, does that automatically means they'll underperform?
I thought it's just a way to prepare shareholders mind for eventualities.....but people are always quick to run.
What if coy pretend, will they panic?

I thought JB reduced the dividend payment after declaration?
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:24pm On Jul 07, 2020
ukay2:
I thought JB reduced the dividend payment after declaration?
Yes. From 2.75 to 2 .......and they still issued the bonus shares in addition.
Declaration of profit warning?
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:29pm On Jul 07, 2020
Compliance Status

The NSE use 3 character codes to indicate the compliance status of listed companies at any point in time.

MRF
BSL
MRS
DIP
BFM
AWR
BRS

I think CG+ means everything is fine?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by akinssan(m): 2:32pm On Jul 07, 2020
locodemy:


So this market has remoulded you in this way?
You I know that always jump in and those ogas will be laughing at your entry and you will jump out with a nice haircut.

Finally,you don become a graduate.
Very soon you go get PhD in market timing.
No come be like chibyke nwanne m.

Sista mcy. grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 2:33pm On Jul 07, 2020
[quote author=ukay2 post=91473927][/quote]

Not yet oo. Sent mails without any reply from d registrar.
Re: Nigerian Stock Exchange Market Pick Alerts by Penboy: 2:36pm On Jul 07, 2020
Mcy56:
Zenith hit resistance at 16.20 again.....

Fidelity: Lots of transactions and crossings at 1.70.....

As in...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:37pm On Jul 07, 2020
Krisuba:


Not yet oo. Sent mails without any reply from d registrar.

Keep disturbing them, it will be paid ....
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:46pm On Jul 07, 2020
locodemy:


Fidelity as a bank has a stronger earning(top/bottom lines) than fcmb HOLDINGS.

Legacy pension acquired by fcmb last year has failed to boost fcmb earnings as expected.Fcmb acquiring Aiico pension this year is a good news which will allow fcmb price to rise on sentiments.Fcmb overtaking fidelity in earnings is another thing here.

I am optimistic in Fidelity as a result of the new chairman on board.Anyway,there is a stronger bids in fidelity now than before.

We are still watching the duo.....

You are optimistic now because you seem trapped while doing your JIJO at 1.70? grin grin

Once your price is reached, you jump down again.

Abeg leave Fundamental Analysis for us.

Remember what I told you, JIJO will get trapped in event of any slight pullback. But those who had been holding since March low go just dey look una like Lookman!

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