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YMcy56's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:04pm On Jan 29, 2024
BabsO2:
I hope big players like Ote$ is not torch-lighting it now shocked. Maybe it's just the gbelo gbebo that we have seen before grin
If that man enters OANDO, the driver go just throway the entrance key...... grin
All these our plenty grammars and book paralysis here go just disappear fiamm..... people go forget say court case dey self.... grin
We may not know who has mopped the previous quantities self .......no disclosure on NGX
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
USAfall2024:
Thanks to Otedollars! grin Baba don push am to 763 officially. Billionaires doing but I am happy to be out after enjoying the run.
Officially @763......Up with +68.90!
Since Otedola entered, he'll ensure he pushed that price up...... grin
Not to forget the share buyback quickly too......Alhaji intends to cancel the buybacks!! Chai!
Good as you exit at your bus stop sha....
Long termers are the most beneficiaries here .......think I also posted this during the previous share buybacks too.

DANGCEM and SEPLAT be tampering with ASI anyhow grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:02am On Jan 29, 2024
megawealth01:
PADI mi. I didn't say it will go low to 7 naira oooooo... Nobi me be Mr Market

How was your weekend?
I dey o.
Ok sorry, maybe it was a mix up grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
OANDO on full bid @13.80!
Insiders knows what we don't know yet.....probably..
Where's Megawealth that says it's going back to 7 and all the naysayers?

JAPAUL: Successfully crossed the N3 line.......sighted on full bid earlier.......some offers show face........pickup still ongoing...... smiley

The person that says it won't see full bid midday on Friday must have been disappointed by now....
Impostor driver lipsrsealed ....Market always have a mind of its own,,nobody can accurately predict the market all the time.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:47am On Jan 29, 2024
USAfall2024:
So Otedollar that pushed DangCement to #694 don't want to increase his stake again? Abeg make he do fast mop all this full offers cos me too want to jump from this bus and find Banking Stock wey go give me better dividend yield grin.
All offers @694 mopped!!
Now sighted @700 intra-day!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:32pm On Jan 26, 2024
customstreet:
We are heading to Isreal, the promise land, which is of course NORTH😆😆😆😆
AMEN!!
Thanks as always sir. wink
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
Mpeace:
They are just being "conservative"
Una go explain tire.
I just dey laugh here. At least no one has faulted the huge fund injection. Lol. cheesy

Seriously, the Federal Govt is throwing its weight towards mining and lots of efforts gearing towards that side. JP also stands to benefit immensely all things being equal.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:47pm On Jan 26, 2024
Zegra:
Seems Dangote food news is about to hit the market undecided
SUGAR and SALT no wan gree for anybody..... grin

Market responding well to some stocks in anticipation.......
Some insurance not left out.... smiley
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:29pm On Jan 26, 2024
teejay1334:
Please is there anyone using Afrinvest to trade on stock and what are your advices on the brokerage firm
Open a brokerage account with Morgan Capital Securities Limited
* Good customer service
* Low brokerage fees

You can send email to : info@morgancapitalgroup.com to request for account opening form
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:37am On Jan 26, 2024
chunkuli:
@ yMcy56 Please whats your take on Omatek?
I've made a post about OMATEK here some few weeks ago.....
Omatek, also in Tech/computers/ICT, has a good business and is currently undergoing restructuring......
The renewable energy plan of the FG will favour the company, if there's a good management that can channel the course (and I think the current mgmt, with the late CEO's son may live up to the task).

* With good partnership, fund injection, the company will be well resuscitated and likely do well in near future.

* We should have update from the outcome of the board meeting scheduled for 30th January

** Remember this is my personal opinion. DD also advised**
**For name callers, Mcy is not marketing OMATEK. Mr. Market and unfolding events will give us better pointer at the right time. Just my opinion**
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
JAPAUL full bid @3.08!

Table as at now.....

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 9:58am On Jan 26, 2024
- No diñe with Jegede, no diñe with Jegede, Jegede left 0.20k go settle above 1
-No diñe with Jegede, no diñe with Jegede, Jegede left circa 1 go settle above N2.....
- Shey the one wey dey massive loss na im come good to dine with?
- We go all dey alright las las. tongue
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:56pm On Jan 25, 2024
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
JAPAUL is GOLD !!
Fantastic result from our JP.... grin
PAT: +366% shocked
I think the days of JAPAUL below 2 is over!

No wonder......the rush and mvmt there today was suspicious......insiders buying at day's high...
Guess there's still more to the news....

*% edited*
Anybody wey know Maths should calculate the % profit, na Arithmetics I take calculate am..... grin

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:53pm On Jan 25, 2024
Streetinvestor2:
On another note those insurance companies still in business not completely dead ones have no business being below #1 with this inflation and devaluation of naira..They are still cheap
Exactly

Btw, a kind of quiet house today.... smiley
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
SEPLAT @3,074 officially!! Up with +279!
Moved towards last minute.....

Mixed reactions in market in expectations of results possibly........some getting more patronage in expectation of something good, some losing customers......
some indifferent.......they be like "anything wey wan happen make e happen, we no dey shake.... grin

COCOA no even send anybody for that market...... grin

SUGAR/NASCON: Merger expectation...

Generally,.market still behaves well today......

*Just personal view*
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:37pm On Jan 25, 2024
dapix:
Board meeting is today to review unaudited financial report
I think it's beyond result....
...but let's wait and see sha
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:30am On Jan 25, 2024
Bull resume in market again?
Green generally on the floor as at now....

JAPAUL getting serious attention. Full bid @2.80
Any news?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:09pm On Jan 24, 2024
yak:
Make I just look for etf to invest for now. The whole analysis want to give me paralysis
Lol.
DANGSUGAR/NASCON and few other ones may not be a bad idea after all. smiley
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 7:50pm On Jan 24, 2024
Choiceguy:
I always listen when Agba and currentprice give out caution.nobody knows how dip the market will go.
Currentprice yes...........but Agba? Hhmmm.
I hope you also know your way around the market sha because that Agba you dey follow, I comment my reserve o. grin lipsrsealed
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 7:45pm On Jan 24, 2024
KayOn1:
Back to my Ghost mode.
Nobody dey pursue anybody o.
The last time I mentioned you on JAIZ, it was just to make you as a witness to what I said concerning the fair value......since the discussion was with you then.
Not any form of accusation or whatever.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
Streetinvestor2:
They should find another way of calculating that ASi.How can it still go up with 2 % plus with all that red in the market.This is papa deceive pikin
That's the more reason I don't take pple panicking because of ASI serious.

The ASI that can mostly be influenced by just few big cap stocks. Those penny stocks have very little and insignificant impact on ASI

If ASI is needed at 60k let's say, it will only take the SWOOTs just 4 or 5 tradings days of losing 10%.

Reason I also believed Oga Rabbi that the 100k and more is achievable when he made the predictions.
If DANGCEM, SEPLAT, AIRTEL, The BUAs, MTNN, Nestle and other big caps/banks should continue to appreciate, 150k will easily be achievable.

That's why some of those penny stock paralysis no dey move me sometimes. Dem go move at their own pace and time.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
Some stocks reversing yesterday's shedding....
* TRANSCORP went as low as 14.87 or so.......now back @16.80.....17.20
* FMN @42 ....... Up with +3.45
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:31am On Jan 24, 2024
Still observing.......
Make I no comment lest it be like say I dey fight market.... grin

......and era of penny is going nowhere ......pullback is also expected here. It's normal for all stocks.
JAPAUL for instance resumed at day's high
* 2/3 penny stocks still on my watchlist

*Edited*
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:53pm On Jan 23, 2024
Shalom428:
A sound investor would rather buy Transcorp that is on full offer than put money in Daar communications that would be on full bid.
Outcome of the board meeting that they're still hiding will likely help TRANSCORP's ministry.

Even at that full offer, people are buying @16.39!

Those buying in millions knows what they're doing probably.......sell off here may be short lived eventually.......just my opinion sha
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:50pm On Jan 23, 2024
toyeoye:
Much better than the euphoric noise.
Ok. So you prefer bear and a rather silent house?
Noise is normal during bull time anyway......when youre making money it's normal to be happy
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:40pm On Jan 23, 2024
Agba don carry his candle scatter the market..... smiley
More stocks joined the red because of the panic I think.....
Let's be watching to pick at bargain again in day(s) to come.....

Some NSEMPAs go dey form I too know now......
the " I told you so" gang. grin
If market retraces the shedding again, they disappear.......

* The thing is: Trading is still ongoing!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
Agbalowomeri:
My sister don't fight the market Lol
Lol. Fight ke!! grin
I no be Mr. Market nah..........and it will do what it will do.
By mid-day, we should have some direction I Blvd

But, like I said, let's see how it goes.........dumping or appreciation, all na part of trading nah.

** Not any form of hold or sell ooo, anyone wey wan sell, sell make the market breathe grin

* Won't give any update for now again.......let's allow Mr. Market have it's way..... smiley
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:21am On Jan 23, 2024
Market will stabilize when the fearfuls are done selling possibly.....
We still dey observe..... smiley

DANGCEM @650 though......Up with +57.....
Banks not falling as may be expected......
Oil and gas in green......
....so far...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:43pm On Jan 22, 2024
veecovee:
Hmmm !! agba case senior me oo
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:38pm On Jan 22, 2024
Agbalowomeri:
Market is never rational
The market is long overstretched
February/March is poised for the bears

Enjoy the game grin
Though generally, when results starts pouring in, market tends to tilt towards good results, maintaining the share prices while poor results gets "punished" in a way.

However, with different factors interfering with Mr. Market's behavior these days, we may never conclude yet......
* DANGFOODS merger for instance. Ote$$ buying stakes in DANGCEM....

.....but until then sha, make we dey watch.

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