₦airaland Forum

onegentleguy:
...For a near certainty !!
Anyone in doubt can immediately put out their WEMA for sale, and 'the men in black' will be there to swiftly mop it up 'at the time of reckoning' !!
Now @ 97k. ...but we are marching forward to the N1.40 to N1.60 bulevard.

Btw, N1.04 is actually the maximum price it can achieve today.
We continue to observe.
It is well !!

#BELIEVE

Regards.

DeRuggedProf:
Some stocks followed Fidelity without carrying reserve fuel!
Fidelity is now using fuel inside reserve tank (Fundamentals).

DeRuggedProf:
Some stocks followed Fidelity without carrying reserve fuel!
Fidelity is now using fuel inside reserve tank (Fundamentals).

Manonamission:
You're just a wicked sombori.

Onegentleguy, please call your hot money brothers to come and shut this guy
up so we can Skye up the Caverton


Na joke I dey o

Manonamission:
You're just a wicked sombori.

Onegentleguy, please call your hot money brothers to come and shut this guy
up so we can Skye up the Caverton


Na joke I dey o

veecovee:
it's one thing to make money and it's another thing for the money to remain with you. For money to remain with you, a priest somewhere must be eating your money. Either devilish or Godly priest. No doubt about that.

Pay your tithe, and don't care how the church use it. You did yourself a favour by paying

Investnow2017:
Why is Vetiva always silent on FIDELITY, but scream about Diamond And FCMB

Cadillac15:
I normally don't like posting in bullish periods because of the popular knowledge that everyone becomes an expert in such periods.

But I feel obliged to give some thoughts to newbies as they pay their NSE fees.

What is suddenly moving the market? Why are prices going up generally? The answer is simple. No more 18%+ interest in Treasury Bill. No more 16%+ interest in Bonds. All the monies that left the market as a result of the sudden increase of interest rates at the peak of our recession is returning back to the stock market. This is good for the market but has a very big disadvantage to inexperienced traders. Why? Because all the stocks will appreciate in price Will they remain so? No Why? Because investors will soon discern the good stocks from the bad and hence offload the bad to unfortunate hands who will then hold them through the bearish period or sell at a loss

In all this, it is important to know everything about the company you are buying their shares, what is in it for you, what is moving their price and most importantly, your exit plan when poo hits the fan. I give you an example, what's special about Fidelity Bank? Is their numbers the best in the banking index? No then why is everyone looking their way right now? Simply because they declare good dividend historically. Now, you follow the band wagon, buy Fidelity because of this fact, not planning your trade. After the dividend play and ex-dividend date, the players will exit and this will pull back the price. Why? It will no longer be fruitful to hold Fidelity until the next dividend period chikena.

Another of such company is Afriprud. These are even companies with good financials o. So what happens to you if you had gone ahead to buy caverton because the price is rising with the general bull? Or CI Leasing? Or even Skye

Anyway, I'm in my house. If my opinion annoyed you, come and beat me

Imokay:
What should we expect on Tuesday when the exchange opens for business, sweeping bears or raging bulls?

ozomagala:
Gini mere anu ofia ka ji noro ndu? Obu onyara? They should hang him by the balls!