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Nigerian Stock Exchange Market Pick Alerts - Investment (6152) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Salvationone: 1:49pm On Dec 11, 2020
dekay2luv:
Good day, Please I want to sell my Dangote Flour, any help on how to get my payment

Go to EDC registrar and claim your money.

The share has been bought over
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:03pm On Dec 11, 2020
MBenefit:
26kobonup with 2k......... s something brewing here?
Regains:
20k..........bargainers picking at car park.............cross deals or panic seller?
Mansard:
Back to 2.30 after panic selling of yesterday........ qualification date approaching.....

**For info purpose**
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:17pm On Dec 11, 2020
dekay2luv:
Good day, Please I want to sell my Dangote Flour, any help on how to get my payment
In addition to what you've been told, print, fill and tick dangflour on this form.
Send filled form to EDC registrar via mail : info@edcregistrars.com

Follow up.

https://www.google.com/url?sa=t&source=web&rct=j&url=http://sec.gov.ng/wp-content/uploads/2016/04/e-Dividend-Mandate-Activation-Form-of-EDC-Registrars.pdf&ved=2ahUKEwipkN_D-MXtAhWYRhUIHYY3D2IQFjAAegQIARAB&usg=AOvVaw1F7PojUU4JFrJa0Lzav49C

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 2:29pm On Dec 11, 2020
Sellydion Peter and brokerharuna eehn, fear them

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 2:38pm On Dec 11, 2020
May you not fear your helpers grin grin grin

Okay what have i done to you now

ebuka1997:
Sellydion Peter and brokerharuna eehn, fear them
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:42pm On Dec 11, 2020
sellydion:
May you not fear your helpers grin grin grin


They are adults who are responsible for their actions and inactions, they will bear the consequences.


No need preaching nor advising. Not need motivating nor discouraging from what they want to do, it is part of the learning process

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 2:44pm On Dec 11, 2020
Thank you Sir grin

My respect

emmanuelewumi:


They are adults who are responsible for their actions and inactions, they will bear the consequences.


No need preaching nor advising. Not need motivating nor discouraging from what they want to do, it is part of the learning process
Re: Nigerian Stock Exchange Market Pick Alerts by zionaigbokhan: 2:53pm On Dec 11, 2020
Una well done
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 3:11pm On Dec 11, 2020
ositadiima1:
grin
The strategy is simple, and here it is:

I buy the five worst performing stocks(in terms of returns) of the last month, on the first of present month and sell on the last day of the month. I buy equal weight, that is if I am playing with 1 mill for example, I distribute 200k to each stock in d portfolio.

Very simple strategy, though it requires some amount of computing in other to scan through all 155 stock every month.

grin grin grin

Very interesting...

Mean reversion is a real thing indeed. Not sure if 1 month is a long enough time frame for the reversion to occur though...

It would be interesting to see the outcome of this strategy! I'll advice you think about publishing your results in any Nigerian investment journal (if there's any)...

Kudos...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 3:50pm On Dec 11, 2020
Mcy56:

In addition to what you've been told, print, fill and tick dangflour on this form.
Send filled form to EDC registrar via mail : info@edcregistrars.com

Follow up.

https://www.google.com/url?sa=t&source=web&rct=j&url=http://sec.gov.ng/wp-content/uploads/2016/04/e-Dividend-Mandate-Activation-Form-of-EDC-Registrars.pdf&ved=2ahUKEwipkN_D-MXtAhWYRhUIHYY3D2IQFjAAegQIARAB&usg=AOvVaw1F7PojUU4JFrJa0Lzav49C

Please, on the form I cannot remember the date I opened my account on the field for ACCOUNT OPENING DATE.
Can leaving this field blank be honored?
Re: Nigerian Stock Exchange Market Pick Alerts by moneymanager: 3:58pm On Dec 11, 2020
Understanding Stock Market Investing

Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 4:31pm On Dec 11, 2020
Mcy56:
MBenefit:
26kobonup with 2k......... s something brewing here?
Regains:
20k..........bargainers picking at car park.............cross deals or panic seller?
Mansard:
Back to 2.30 after panic selling of yesterday........ qualification date approaching.....

**For info purpose**
Mansard suddenly entered my watchlist. I expect it to make some 50 to 60% short term for me.
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 4:46pm On Dec 11, 2020
How you de take do this one?
ositadiima1:
grin

I noticed something sha, but then their could be a bug in my calculations.

Don't know if you have heard of Mean Reversion, simply put, it assumes that if the price of a stuck deviates from its established mean value, it tends to return to its mean.

I wrote a small program that applied a version of this reasoning to our stock market data and it was profitable. Actually, I have two sets of data, one collected from investing dot com, running from 2012 to date and the other, I personally collected it from morgan daily price list correspondence, both were profitable.

The strategy is simple, and here it is:

I buy the five worst performing stocks(in terms of returns) of the last month, on the first of present month and sell on the last day of the month. I buy equal weight, that is if I am playing with 1 mill for example, I distribute 200k to each stock in d portfolio.

Very simple strategy, though it requires some amount of computing in other to scan through all 155 stock every month.

grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by ositadiima1: 4:50pm On Dec 11, 2020
DrAwo:


Very interesting...

Mean reversion is a real thing indeed. Not sure if 1 month is a long enough time frame for the reversion to occur though...

It would be interesting to see the outcome of this strategy! I'll advice you think about publishing your results in any Nigerian investment journal (if there's any)...

Kudos...

grin

You are probably right. Attached bellow are the results. I used the smaller morgan capital sample data running from march to yesterday.

To clarify a few things,

1. I collect the closing prices on the first trading day of the month and subtract the closing price at month end.
2. I do that for all listed stocks, then I pick the 5 lowest performers.
3. On the next month, I buy these stocks at the beginning of the month and sell at end.
4. I stake 200k equally on each selected stock.
5. Repeat the process over and over.
6. To make the automation more realistic, I also implemented trading charges. (1% from buy and 1% from sell)

Compared with buy and hold it didn't perform as well, while some stocks have netted over 80% in returns this strategy made only 17.7%. Maybe it will need a few tweaks here and there.

I also ran same test on the larger data set and I was only able to double the starting 1 mil by the end of the 8 years (2012 to 2020). I didnt post the results here because of the size of it. embarassed embarassed

Note: the whole thin was automated with a python script, it took me 2 hours, sha, to debug certain aspects of the code that were malfunctioning.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 5:07pm On Dec 11, 2020
ositadiima1:


grin

You are probably right. Attached bellow are the results. I used the smaller morgan capital sample data running from march to yesterday.

To clarify a few things,

Note: the whole thin was automated with a python script, it took me 2 hours, sha, to debug certain aspects of the code that were malfunctioning.
Great stuff but NSE is easier to play with arts not science. I have made more profits practising the art of playing NSE.
Wait, buy, wait, sell, wait, wait again, leave the market, wait and buy again.

9 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by ositadiima1: 5:17pm On Dec 11, 2020
2012 to 2020 : Mean Reversion Variant

as u can see bellow the initial 1mil in 2012 generated 1.127 mils in 8 years. Very poor. embarassed

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by ositadiima1: 5:28pm On Dec 11, 2020
Our transaction charges are among the largest in the world. 2.5% for one round trip is just too much. A profitable strategy turns to a loosing one.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:47pm On Dec 11, 2020
ebuka1997:
Sellydion Peter and brokerharuna eehn, fear them
That's if it's not the same PERSON sha... I no talk anything ooooo grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 6:09pm On Dec 11, 2020
ositadiima1:
2012 to 2020 : Mean Reversion Variant

as u can see bellow the initial 1mil in 2012 generated 1.127 mils in 8 years. Very poor. embarassed


Great stuff.
Kudos.
Re: Nigerian Stock Exchange Market Pick Alerts by DexterousOne(m): 6:24pm On Dec 11, 2020
swilo:

Great stuff but NSE is easier to play with arts not science. I have made more profits practising the art of playing NSE.
Wait, buy, wait, sell, wait, wait again, leave the market, wait and buy again.
This strategy is a very interesting strategy

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by ositadiima1: 6:28pm On Dec 11, 2020
pluto09:



Great stuff.
Kudos.

Thanks

Returns got to 1 mil in 2014(2 years after), dropped to 190k in 2016(2 more years), grew to 1.5 mil in 2018(another 2 years). Finally, it closed at 1.12 mil in 2020.

What a ride! Need to find a way to cut the drawdowns, I think filtering with crude price under usd 40 could improve returns.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:49pm On Dec 11, 2020
vacanci:
Please, on the form I cannot remember the date I opened my account on the field for ACCOUNT OPENING DATE.
Can leaving this field blank be honored?
Leave it blank if you don't know it.
Alternatively, walk into any branch of your bank and request for your acct opening date from customer care.
When you send the mail, respectfully request for acknowledgement of your mail. Let's know if they reply.
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:52pm On Dec 11, 2020
swilo:
Mansard suddenly entered my watchlist. I expect it to make some 50 to 60% short term for me.
I just have the feelings that it may pay off.
They may also do some manipulations to investors benefits, who knows.
Monday 14th is the last qualification date for the bonus.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 6:56pm On Dec 11, 2020
Mcy56:

Leave it blank if you don't know it.
Alternatively, walk into any branch of your bank and request for your acct opening date from customer care.

Thank you so much. Pls I also saw on the last part AUTHORISED SIGNATURE OF BANK/STAMP.

am I meant to take this form to my bank for this as well? Before transmitting it via email to the registrar?
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:03pm On Dec 11, 2020
vacanci:
Thank you so much. Pls I also saw on the last part AUTHORISED SIGNATURE OF BANK/STAMP.
am I meant to take this form to my bank for this as well? Before transmitting it via email to the registrar?
Leave the column. It's for company not individuals.
Sign the column directly below e-mail address.
No need taking to bank for any endorsement.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:11pm On Dec 11, 2020
Mcy56:

I just have the feelings that it may pay off.
They may also do some manipulations to investors benefits, who knows.
Monday 14th is the last qualification date for the bonus.
Insurance and manipulation is 5 & 6 grin
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 8:23pm On Dec 11, 2020
moneymanager:
A thousand yabbis on one person. Calling him this and that. Attacking his reputation. Character assassination. Monkey hunter. Misleading and many other names.
Yet he remained professional and ignored it all and stuck to the facts. Only post about stocks

This is the definition of character
cool cool
Fire on Mr Peter(100%) grin grin

Stuck to facts you say?

Should I tell you?

Before selling 1759 at around N22 and now touting it to go below N10, did you know his projection on same coy?

Well, I should not tell you. grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dekay2luv: 8:27pm On Dec 11, 2020
emmasoft:


Dangote Flour was bought by Olam and then delisted from the NSE.
I think they paid 23/share to all Dangote Flour shareholders. To get your money,
contact:
Crescent Registrars Limited (Head Office)
23, Olusoji Idowu Street, Ilupeju, Lagos.
Tel: 01-453 8671-4, Email: info@edcregistrars.com
Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 8:43pm On Dec 11, 2020
Mcy56:

Leave the column. It's for company not individuals.
Sign the column directly below e-mail address.
No need taking to bank for any endorsement.

Gracia!!!

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 8:50pm On Dec 11, 2020
Apparently @Moneymanager, BrokerHaruna and @Peterichy are the same dude; might be more. grin

All for monkey hunting the gullible.

Newbies should be wary of some posts here as a matter of necessity. Relax, read, learn and decide

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Adeplastic: 8:50pm On Dec 11, 2020
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Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 9:10pm On Dec 11, 2020
sellydion:
Thank you Sir grin

My respect


I believe everyone is responsible for his/her decisions though but the beauty of the market is how everyone has his/her approach

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