locodemy:


We don move to Sterling bank.
We just finished the last mopping at 1.95 this morning.

If this fails,we go into the batch B mopping at 1.85 to sell the Batch B at #2.

Batch A also look promising if Fidelity bank will make a move.Target exit price is 2.25.

Market must pay.

Sholapey:
You told me to sell which I did. But my village people also told me to reenter the next day.

Power of remote control

Mcy56:

Loco see Neimeth today.......
You rushed out too quickly
Sterling price at your jijo junction seems a bit high to me............

Market is somehow dull today.....

Do you think I did not jump out at the right time?
Stock I bought at 2.05/2.08 and sold at 2.36.
Do you think heavy sellers will be able to sell high tomorrow?

locodemy:
We don move to Sterling bank.
We just finished the last mopping at 1.95 this morning.

If this fails,we go into the batch B mopping at 1.85 to sell the Batch B at #2.

Batch A also look promising if Fidelity bank will make a move.Target exit price is 2.25.

Loco be careful of Sterling at that price junction......its still a bit high to JIJO there.
Besides, market is somehow dull and flat at the moment

Mcy56:

Loco see Neimeth today.......
You rushed out too quickly
Sterling price at your jijo junction seems a bit high to me............

Market is somehow dull today.....

For Sterling bank,I have plan for batch A and B.

Either or both must respond to our 10% calling.

locodemy:

Do you think I did not jump out at the right time?
Stock I bought at 2.05/2.08 and sold at 2.36.
Do you think heavy sellers will be able to sell high tomorrow?

You did well .......afterall na JIJO.
It's better as you make your gain and moved, no one can predict the market accurately these days.

Mcy56:

Loco be careful of Sterling at that price junction......its still a bit high to JIJO there.
Besides, market is somehow dull and flat at the moment

Nothing is wrong at that price junction.
Only that Fidelity is not responding well today.
At the end of the day,the support might be stronger at that price junction.

If it fails,the 1.80 junction will not.

Batch A and B analysis.

Mcy56:

Boss, I'm still trying to figure it out.

Now: For 7units, 10 will be added = 243% increase.

Bonus: For instance: 100,000 units will become 243,000units
Reconstruction: 243,000 / 4 = 60,750units
Price: Will be reviewed up ...................after reconstruction price is what's still a bit confusing to me........

...........but how did you arrive at N2 in the first place? This should throw more light on it.

Make Una no mind my calculations o, correct if im wrong........

Initial nominal value per share is N0.50 before reconstruction. Afterwards, it will be reviewed up to N2.00

I still have a good feeling about Mansard though. I will wait for a while before buying

swilo:

Initial nominal value per share is N0.50 before reconstruction. Afterwards, it will be reviewed up to N2.00

Okay thanks.
Going by this, then I think buying above 2 doesn't make much se.nse.........below 2 should be ok.
Some people won't look at the details but just jump into the bus because of the mouth watering bonus.......
.......but I thought reconstruction price should favour investors more?

locodemy:
Nothing is wrong at that price junction.
Only that Fidelity is not responding well today.
At the end of the day,the support might be stronger at that price junction.

If it fails,the 1.80 junction will not.

Batch A and B analysis.

Alright Sir.

Access Bank is just a funny stock. Is it possible to walk with your head? With that amount of overhead offer, the price is still increasing.

Where you see price increase

swilo:
Access Bank is just a funny stock. Is it possible to walk with your head? With that amount of overhead offer, the price is still increasing.

swilo:


Initial nominal value per share is N0.50 before reconstruction. Afterwards, it will be reviewed up to N2.00

If they raised the nominal value to N2, what will happen if the market price it below N2 after reconstruction?

Mcy56:

Power of remote control

OBAGADAFFI:



If they raised the nominal value to N2, what will happen if the market price it below N2 after reconstruction?

sellydion:

This is why I hate reconstruction.

C I leasing show me shege.

Sholapey:
You told me to sell which I did. But my village people also told me to reenter the next day.
I have investment one VGIF.

Dont be too hard on yourself
These things happen
It's part of the learning process

Though this is an expensive lesson
But nonetheless

This vaccine news and crude oil price above $45 is a plus to our market.Oil still strong at 48+.
Next week opec+ meeting will give us more direction.Market to end neautral tomorrow.No Victor ,no vanquished.

locodemy:
This vaccine news and crude oil price above $45 is a plus to our market.Oil still strong at 48+.
Next week opec+ meeting will give us more direction.Market to end neautral tomorrow.No Victor ,no vanquished.

Hmm.. I see a dip sha.

For the past 3 weeks, the trend of Fridays have been "taking profits" and then "Rallying" on Mondays.

That's what I've just observed. Let's see how the market goes.

I'm sha getting set.

Mcy56:

Loco see Neimeth today.......
You rushed out too quickly
Sterling price at your jijo junction seems a bit high to me............

Market is somehow dull today.....

just N3.5B and someone is claiming bull.
at this rate Friday will not be funny.

I support the way you are seeing. I am getting out to cash, probably

could still buy low and get a juicy dividend.say above 10%

Penboy:


Hmm.. I see a dip sha.

For the past 3 weeks, then trend of Fridays have been "taking profits" and then "Rallying" on Mondays.

That's what I've just observed. Let's see how the market goes.

I'm sha getting set.

Penboy:


Hmm.. I see a dip sha.

For the past 3 weeks, the trend of Fridays have been "taking profits" and then "Rallying" on Mondays.

That's what I've just observed. Let's see how the market goes.

I'm sha getting set.

Please has cement price been increased officially or iis it other factors that has caused the change in price? I am trying to relate the present retail price to what thr yr end result could look like.Some of my investment decision is based on what I see on the street and it has never failed me .Dangota sugar was a typical example.Some of this companies we buy thr shares .when you see the demand for their products and services you will vow never to have anything to do with. them You will equally be imagining whr the auditors are manufacturing the positive results from.You will realize some are dead on ground but alive on paper work

DexterousOne:

Dont be too hard on yourself
These things happen
It's part of the learning process

Though this is an expensive lesson
But nonetheless

Exactly, thanks.

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72% of Nigerians Will Invest in Stocks, Mutual Funds After Essential Living Expenses—Survey
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https://businesspost.ng/featureoped/year-2020-glimmer-of-hope-for-nigeria-amid-recession-and-pandemic/

OPEC+ Leans Towards Extending Supply Cut
https://businesspost.ng/economy/opec-leans-towards-extending-supply-cut/

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Biafran4life:
Please has cement price been increased officially or iis it other factors that has caused the change in price? I am trying to relate the present retail price to what thr yr end result could look like[b].Some of my investment decision is based on what I see on the street[/b] and it has never failed me .Dangota sugar was a typical example.Some of this companies we buy thr shares .when you see the demand for their products and services you will vow never to have anything to do with. them You will equally be imagining whr the auditors are manufacturing the positive results from.You will realize some are dead on ground but alive on paper work

most realistic valuation model according to Peter Lynch

Stock with new 52 week highs
Updc REIT #5.50k

E ku market ooooooooo. Happy $$$giving

locodemy:


We don move to Sterling bank.
We just finished the last mopping at 1.95 this morning.

If this fails,we go into the batch B mopping at 1.85 to sell the Batch B at #2.

Batch A also look promising if Fidelity bank will make a move.Target exit price is 2.25.

Hope you aren't trapped? Time will tell sha

megawealth01:
Hope you aren't trapped? Time will tell sha

Hope you know if I am trapped @ Sterling bank,you are also trapped @ Gsk.

And if I remember,you were loading Sterling bank above #2 and caverton arnd #2 not quite long ago and you haven't sold o.

I have done more than 5 Jijo in different stocks in this week alone including Gsk.I withdrew good portion of the profit for goat meat and nkwobi and reinvested others.

Let's see how today goes Sha.
Next week will give a clue of whether to remain in the market or go for break.

But I see another consolidations/breakout soon If not Xmas expenses onboard now.But whereby there is no better place to put money for good returns,people will be forced to continue with stocks till things get clearer.