₦airaland Forum

anjilgreat:
As in enh! If not for doggedness during that month, fear wouldn't have allowed me to buy personally.

It's more of the Nigerian factor we find ourselves in. Even the system is an enemy of progress!

It’s the rule, when it’s more than 5% the circuit breaker is triggered

I jumped out of my Dangcem at 160 last week.
I wan cry today.. 40 upside since last week...

ukay2:


But anyone that entered Dangcem, Zenith and other fundamental stocks will still continue to chop dividend payments and average down if market crashes soon

sellydion:
All of them are same same Tony,

Yes Sir

zimams:
I jumped out of my Dangcem at 160 last week.
I wan cry today.. 40 upside since last week...

While investors are from km 130 to km 200 and still holding even at potential km 250 soon

Lion123:
PE of 3.95 against GTB's 5.6 means Zee is actually still very undervalued even at current prices. To be honest, most of the banks are still undervalued. One of my ogas in investing says that the minimum price Zee should be trading at, based on fundamentals is N38 upwards. But Nigeria is a strange place, so much that a stock that declared N200b pure profit was trading for as low as N11 in March and people were not rushing it. We'll just wait and see what happens

At N11.00 Zenith Bank a company that made profit after tax of over N200 billion was valued at N340 billion by the market

sellydion:
All of them are same same Tony,

Somehow, but not so.

Tony has less than 10% of UBA , United Capital, APR and about 20% of Transcorp

emmanuelewumi:
At N11.00 Zenith Bank a company that made profit after tax of over N200 billion was valued at N340 billion by the market

Mmmmmm

I think Jimmy increased his Zenith bank shares holding early this year

ukay2:
While investors are from km 130 to km 200 and still holding even at potential km 250 soon

AMEN!

KM 250 is what we need right now....

Took more risk today by jumping into Fidelity @ 3.02 and Unilever @ 15.75... I know it's a risky move. Life is all about risk. My positions in dansugar, ETI, UBA, GSK etc are making me proud though.
OGG thanks for recommending GSK. It was never on my radar.
I hope this will be a good move too. I just need 20% in them o...

zimams:
I jumped out of my Dangcem at 160 last week.
I wan cry today.. 40 upside since last week...

I jumped into Dangcem today at 200 as nothing dey available again to buy. Make this bull just carry reach N250 for me

ebuka1997:
It’s the rule, when it’s more than 5% the circuit breaker is triggered

Okay, that means the loss at March low was not up to 10% for the circuit breaker to be triggered.

arduino:
I jumped into Dangcem today at 200 as nothing dey available again to buy. Make this bull just carry reach N250 for me

Caverton, Redstarex and Vitafoam have some potential. Atleast 15% on each.

anjilgreat:
Okay, that means the loss at March low was not up to 10%
for the circuit breaker to be triggered.

I rem we mentioned something like that when iNYSE mkt crashed around same period ..but NSE own no triggered that time

Was the market down up to 10% that time ..Am not too sure ..oga mi R.onifa , mcy56 etc will know better

I was about 30% percent down on Caverton as at last week, today I am just 10% down. I believe by next week I will be green on that one.

chibjohn:
Took more risk today by jumping into Fidelity @ 3.02 and Unilever @ 15.75... I know it's a risky move. Life is all about risk. My positions in dansugar, ETI, UBA, GSK etc are making me proud though.
OGG thanks for recommending GSK. It was never on my radar.
I hope this will be a good move too. I [b]just need 20% [/b]in them o...

That's how it use to start then one will want to stay for a while more. Good thing is that your prayer point go help mine, by the time you are at 20% as am already in the bus so am with you bro

Bull continues ..be like say i go use style join fidel and dang morrow ..watching as it go be

The Circuit Breaker protocol was triggered by the increase of the [b]NSE ASI from 33,268.36 to 34,959.39. [/b]The market reopened at exactly 1:25p.m. with a 10-minute intraday auction session, before resuming continuous trading till the close of the day at 2:30p.m.

That's not much

arduino:
I jumped into Dangcem today at 200 as nothing dey available again to buy. Make this bull just carry reach N250 for me

Odikwa Risky oo

lancee:
I rem we mentioned something like that when iNYSE mkt crashed around same period ..but NSE own no triggered that time

Was the market down up to 10% that time ..Am not too sure ..oga mi R.onifa , mcy56 etc will know better

Exactly, I am not sure too.

Just wondering if those full offers then did not take the ASI to a -5% loss for the breaker to be triggered.

anjilgreat:
Okay, that means the loss at March low was not up to 10%
for the circuit breaker to be triggered.

Yes

Should we expect a pull back tomorrow or day after?
The bull is seriously mad though
Does the ASI want to do 100% before year end ni

anjilgreat:
Exactly, I am not sure too.

Just wondering if those full offers then did not take the ASI to a -5% loss for the breaker to be triggered.

There was less transaction volume and frequency to triggered the circuit breaker threshold then

Agbalowomeri:
Should we expect a pull back tomorrow or day after?
The bull is seriously mad though
Does the ASI want to do 100% before year end ni

BULL that will run till Jaunary 2021.....we never start journey self

Be fearful when others are greedy

ukay2:
Yes

Thanks. That means the big caps stocks could have probably played a role for the ASI not to have had a 5% loss.

Ibrahim505:
There was less transaction volume and frequency to triggered the circuit breaker threshold then

Thanks

Agbalowomeri:
Should we expect a pull back tomorrow or day after?
The bull is seriously mad though
Does the ASI want to do 100% before year end ni

Bring out your charts I beg

pluto09:
Bring out your charts I beg

This Burundi Bull will tear any chart apart and keeps moving

ukay2:
This Burundi Bull will tear any chart apart and keeps moving

We have seen it before...
Charts will always say something

anjilgreat:
Okay, that means the loss at March low was not up to 10%
for the circuit breaker to be triggered.

Yes I guess so, they just installed it in 2016 or I guess, they just used this to test it lol
Maybe also because of the way the index is weighted, large cap stocks volatility was huge

Pension fund allocation to equity is part of the factors driving this bull

Agbalowomeri:
Should we expect a pull back tomorrow or day after?
The bull is seriously mad though
Does the ASI want to do 100% before year end ni

Should do 25% to 30%

ukay2:
Odikwa Risky oo

Nwannem very risky oooo.... Solely for jijo. Newbies are not advised to do same ooo