Moneysage:


Please tell me this is supposed to be a joke. Please!

Chibuking81:
Change of government, will come with different changes, especially changing from ruling party to opposition party, there will be more of bear this month/next month. Its better we trade with caution. The policy of the incoming government will not favour some companies, while some companies will be favoured. In most cases reversal will be the case, for instance, in the power sector, banking sector and oil sector, there will be change, we should better be ready for the change before it will take us unaware. (maka na nkwucha abulo ujo)

PETERiCHY:


When the money bags visit the market. they will release most of their holdings whuch will create a massive offer and in turn cause a panic sell off and sharp drop in price within 3 to 4days then they will take a choice position before the real journey will begin.

*ThE OcToPuS*

megainvest:
Let's be careful about how we use the "Sell in May and go away" phenomenon. It is not a law in itself but a trading strategy based on historical under-performance of markets between May and November. While this strategy holds some water, it doesn't mean it must always be true. What we as investors need to do is to be aware of such phenomenon and work towards outperforming the expectations.

Remember that the economic seasons change with time and these changes are largely responsible for overall market direction. For example, if oil price stabilizes at say $70 or $80/bbl, NSE will definitely experience a boost. If the naira appreciates significantly, the market will also respond accordingly. If the new government is able to win more foreign investors confidence, the market will also rise. In such cases, if you sell in May, you will come back in November to meet a much stronger market and you would have lost out.

Check out the history of NSE stocks over the period in question and you will see many stocks that completely disobeyed this phenomenon. FO, 7UP, GTB, Fidson, Beta glass etc are all very good examples of this.

Finally, what should we do? As investors, this is the time to re-position in stocks which will guarantee enough price appreciation to weather the storm. Look out for growth stocks and stocks which are likely to go through major positive changes this season. Some obvious examples are Oando, Unilever, Dangote Cement and Mansard. Also focus on sectors that will likely receive more attention from the new government e.g. Agriculture and Industrials.

soloniger:
chai, these your men in black who realy are they?

herotic:
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cadno:

See my people...lol...back in the day when we were just buying anything..I was loading Resort savings & Loans, IAA, NiwiCable...I don will those to my kids...imagine I sold UBA and used the proceeds to buy NiwiCable ...lol...na wa

mercylicious:
May d miracle of c n I leasing happen to ftncocoa, multiverse, IAA , lasaco, intenegins etc.
If u believe it flash me ur teeth.

myjoy08:


Sir, market is going great and we are of the opinion that the market will break its resistance level of 35,000-35,700 points in a matter of weeks

PETERiCHY:


For the benefit of doubt, the All Shares index is now around 34,500 points by the end of September it will be trading below 30,000, Except for one or two stocks others will definitely come home to Mama and the journey will start all over again.

saibuhari:


When I gave above recommendation based on info available to me, instead of brothers/sisters asking questions, over sabi people here dubbed me a monkey hunter. I claim not to know anything about stock analysis and I don't think am interested in analyzing stocks on the NSE. You know why? No analyst has been able to translate their analysis to huge profit. Those who have made a kill on the NSE are those who had the privilege of INFORMATION. Without information, forget analysis - fundamental or technical. NSE is not ripe for the kind of text book analysis seen in developed markets. In Nigeria, a company that is fundamental good today can go under tomorrow due to instability in govt policies, bad management or some other factors. In advance markets, yes fundamental or technical analysis help a lot but those who make the most money are those with information. An American colleague once told me last year to forget Warren Buffet - that the man started stock business by buying information from certain coy personnel. When I see stock recommendation here or on SMN, I particularly look out for recommendations that are based on information. Its not everyday you get such information especially the type that will make you have a kill. Those who bought Ikeja hotel at 66k; FO at N24; Union Dicon Salt, etc, are today smiling to their banks. These stocks were fundamentally and technically nonexistent. But see the kind of money they have put in the pockets of people who got the information to invest in them. What is the essence of stock investing? Is it not to make good money? Next time, when somebody gives stock recommendation, ask questions before dubbing it monkey hunting. Where the person cannot justify the basis of the recommendation, discard the recommendation - whether its based on fundamental, technical, spiritual or Information. What matters at the end of the day is the percentage the stock you recommend gains on the exchange. All those over sabi people here should tell us how many percent their recommended stocks have gained on the NSE. When they see bull, they become stock experts. But when the bears surface, everybody takes cover. A good analyst should be able to analyse and recommend stock both in bull and bear season. Anything short of this is hogwash and preposterous - and a mere tumbum tumbum analysis. They dismissed my recommendation to buy Vitafoam at N3.80 but are scrambling to buy it for N5.32, and that is if they find it. At N5.32, the stock is no longer illiquid. Some condemned the stock but went secretly to buy it thereby discouraging others from buying. Brothers and sisters, lets try to help ourselves. That's why I respect Myjoy and AKS and few others. If my long epistle offends anyone, I apologise. We are still brothers and sisters in the Lord.

PETERiCHY:
http://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp


DEFINITION OF 'SELL IN MAY AND GO AWAY'

A well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets. The "sell in May and go away" strategy is that an investor who sells his or her stock holdings in May and gets back into the equity market in November - thereby avoiding the typically volatile May-October period - would be much better off than an investor who stays in equities throughout the year.

INVESTOPEDIA EXPLAINS 'SELL IN MAY AND GO AWAY'

This strategy is based on the historical underperformance of stocks in the six-month period commencing in May and ending in October, compared to the six-month period from November to April. According to the Stock Trader's Almanac, since 1950, the Dow Jones Industrial Average has had an average return of only 0.3% during the May-October period, compared with an average gain of 7.5% during the November-April period.

There are limitations to implementing this strategy in practice, such as the added transaction costs and tax implications of the rotation in and out of equities. Another drawback is that market timing and seasonality strategies do not always work out, and the actual results may be very different from the theoretical ones.

While the exact reasons for this seasonal trading pattern are not known, lower trading volumes due to the summer vacation months and increased investment flows during the winter months are cited as contributory reasons for the discrepancy in performance during the May-October and November-April periods, respectively.

PETERiCHY:
http://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp


DEFINITION OF 'SELL IN MAY AND GO AWAY'

A well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets. The "sell in May and go away" strategy is that an investor who sells his or her stock holdings in May and gets back into the equity market in November - thereby avoiding the typically volatile May-October period - would be much better off than an investor who stays in equities throughout the year.

INVESTOPEDIA EXPLAINS 'SELL IN MAY AND GO AWAY'

This strategy is based on the historical underperformance of stocks in the six-month period commencing in May and ending in October, compared to the six-month period from November to April. According to the Stock Trader's Almanac, since 1950, the Dow Jones Industrial Average has had an average return of only 0.3% during the May-October period, compared with an average gain of 7.5% during the November-April period.

There are limitations to implementing this strategy in practice, such as the added transaction costs and tax implications of the rotation in and out of equities. Another drawback is that market timing and seasonality strategies do not always work out, and the actual results may be very different from the theoretical ones.

While the exact reasons for this seasonal trading pattern are not known, lower trading volumes due to the summer vacation months and increased investment flows during the winter months are cited as contributory reasons for the discrepancy in performance during the May-October and November-April periods, respectively.

LondonCool:


The Stock Market Tips for Nigerians thread is still the standard of insight and knowledge for members of the public to gain an understanding of how the NSE operates and how to trade and what to trade. If not for the fact that over 95% of the pioneer contributors migrated to SMN (which I learnt is also owned by Seun), the thread would have been one of the most active and longest threads on Nairaland

specialmati:
Abeg wchich site can I use to check stock price everyday

jarkbauer:
Clown. Pls help me bring down the price of Transcorp to 0.50k my company wants to increase its share to 3.1%.

LondonCool:


Fundamental Analysis may let you know what season you are in, either Harmattan or Rainy season. Technical Analysis will let you know the exact day when it's going to rain or get blitzed by the Harmattan. A sound knowledge of both is imperative for selecting stock for your portfolio.

What's wrong with the Fundamentals in DangSugar?

Michael11stock:
The bid price is the highest price a buyer is willing to pay for a share of stock, and the offer price is the minimum the seller is willing to accept. The offer price is usually higher than the bid price

Michael11stock:
full offer no buyer

ihedioramma:
that is why i told you not to stop giving us your stock picks e.t.c . so many people are here to play just like in 2go, facebook e.t.c not all are nse investor . i love uche's proverb/play with oando but many cant understand him. how can investor make play of dunlop that she is buying it? what if the new investor's go and buy that stock? .

natruetalk:


hmmm, thought am gona regret my early (jo) of dis company when d result release but am not

dis company revenue continue declining straight from 2012 despite d decrease of raw sugar price on commodity mkt if d raw sugar price continuing rising as seen on d chart dis month, it will likely hit hard profitability of dis company.

Ugoobuz:
Good people, i wish us all a profitable week and advise my follow investors to read this news before they invest in companies that have big stake in power sector privatization or quietly wait until the government in waiting unfold their plan in this sector.


leadership.ng/news/425400/buhari-can-cancel-
power-privatisation-nerc-boss

Processor01:
Number of trades carried out on a daily basis. On stocks like GTB, on an average, you have over a 50 trades daily - you can see this on your itrade platform.

Processor01:
Use the number/volume of daily trades.

passwelle:
@ All I hail.
For the newbies (whom I assume are keen to trade and are not intent on long term investments), an earlier poster here mentioned DD using charts while the Sage gave very candid and invaluable advice above.
In my experience in the NSE, the more you see the less you understand. You can make money on almost every stock on our bourse (save for the deadwoods). Charts will mislead but may be accurate occasionally. Brokers/individuals that trade can make your chart show what they want you to see (both volume and price action e.g stdinsure, rtbriscoe, transexpr, costain etc) .... This game is one of fastest fingers first, either to enter or to exit. Don't gamble what you cant afford to lose. Dont over diversify. You dont have to be in every stock gaining. Cut your losses short and let your winners run (very vital so you know when to exit). Most importantly be observant, its unbelievable how much you can make from market making activities.