₦airaland Forum

essentialone:
I have finally jumped out of the aeroplane of Eterna Plc. I wish those who are still in it, a very safe flight.

Why jumping out of some of these stocks when it's the time for you to reap some gains?

Read the last time that you jumped out of Berger as well.

Maybe you need to be checking for 2nd opinion to be able to take informed decisions.......
I understood you're the CEO of your portfolio anyway.

LordAdam16:
CBN has tagged that report as Fake News. Like literally.

https://twitter.com/cenbank/status/1664188877555355654

I still think this is a "where there's smoke..." situation.

It may be wise for those with huge $ holdings to shave off some of it. Buy back after the rate merging is complete. Tinubu has said there will be a single rate and that will happen in the near term. Rates fell as low as 705 in the black market amidst the panic. It's back up right now. But this is a prelude.

When it rains, it pours in the parallel market.

-Lord

We all know how these people denied news initially.
The fact is that there's going to be unification of exchange rates.
- Some financial analysts already predicted it to be btw 630 to 650 or thereabout..
Dollar already reported to be falling on Binance...
Event of coming days will make things clearer..

BERGER sighted @11.....11.10.....Up with +N1
Berger move was long overdue....

* STERLING: in early +10%....sighted @2.25....full bid..
* ETERNA: Full bid @8.45....

YoungBuffet:
Na script it will happen.

Oga, what is it about these your posts self?
It doesn't seems like you meant well for this forum from your sarcastic posts upandan.

Kindly allow individuals to follow what pleases and works for them Biko.
Even though we have traders here but know that we have lots of investors as well. Not everyone is a daily trader.
Maybe you should be worried about your MBA forex instead.

*Sorry, you have right to post but not confusing pple with ironic statements, just state your point and individuals will pick which is best for them....

BabsO2:
Perhaps FPI are taking positions. In a couple of weeks, NGX will tell us the split in FPI and LPI

Maybe..... because the volumes and values are much!!

It could also be that some are converting Dollars to Naira and taking position in NGX...
If some of these policies are implented or start taking effect, Dollar biz may witness serious decline...
With subsidy removal, Naira may begin to appreciate against $$....so, before $$ starts losing value, they're already being smart with it.
My newbie's opinion.

ASI still closed +ve today despite the red witnessed..
* ACCESS again topped the volume table with 98M+.....
* Guess we can conveniently say: "Hold your ACCESS tight if you have it"... something we don't know yet is happening behind curtains......
** Let's keep watching whatever they're up to...

YoungBuffet:
Mercy,with my little experience of like 3 decades on NSE forget those policies u are talking about is nothing with what is ahead. you guys are looking at one direction but for me am seeing things differently. Anyway, time will tell.

Thanks for sounding those warnings but just try and talk in plain terms that we night school students can understand.

Those buying huge volumes in market now are not really retailers, we don't know what they've seen or what Their mission is.

Whatever is ahead, we pray God see us through.

Bbbwings:
Morgan don chop o
Dey no dey answer phone again

handsomebolanle:
Thank you. All their lines are switched off. Hopefully they respond to my mails later

They are responding to emails.
Only that I can't drop a staff's mobile here.
Try and put yemisio@morgancapitalgroup.com in copy.

handsomebolanle:
Please how do one get in touch with Morgan Capital?

Call their landline nah

014540114

No be Nsempa money dey buy for this market oo.
Dem bring am in billions.....na bullion van money..

See those moves in ZEE, ACCESS.....no be small thing...

ZEE @29.30 as at now
ACCESS @12.20....as at now ...12.30...12.35...

**Not any buy or sell advice**

GTCO: Inching up slowly.....sighted @28.30/28.40....28.50....28.70....
* UBA: from low of 9.30 to 9.70......
* Accumulations still ongoing in ACCESS and other banking stocks.....

** Not any form of advice**

YoungBuffet:
Bro. Access na 45, uba 40

Oga shey you dey take people play ni?
Don't seems to understand you....but in whatever, pls don't confuse we newbies o.

One thing I know is that some of these stocks were analysed and are FA healthy....even TA wise, they are looking up according to chartists.

The penny stocks are holding up....... it's mostly banking displaying at the moment...

I sha know say time never reach for Oga Oracle's prediction..... we're still watching the wonders of Mr. Market...

One of the things causing positive reaction in market attached:

Streetinvestor2:
What can the righteous do if the foundation is corrupt. Nobi only jagaban bull na jagaban corruption. Way the motivational speakers.I hope newbies are not being slaughtered, lol

Oga relax...
We don drop mic for you for now, when the bull resume, you go drop am, make we dey do am turn by turn....

The corruption don instill plenty fear inside people, so na short short profit taking dey reign now...

* There's no need calling anybody out........except we don't want people to continue to post their findings, observations and opinions here anymore.....
** Not saying we shouldn't caution but calling out in blame game is what I referred to.

* GTCO, ACCESS, ZEE, stabilizing now.....
* BUAFOODS, Geregu, JAIZ......Up...

emmanuelewumi:
Accordingly to Stanbic IBTC Stockbrokers market review, today's gain is the biggest in 30 months and the second biggest in 7 years

Nbst....
Stocks, bonds....

https://www.nairaland.com/7709307/stock-market-response-statistics-new
https://www.nairaland.com/7708876/nigeria-bonds-rise-after-tinubu

Princkez:
What's holding FBNH result?

Oga, are you not enjoying this bull?
Abeg let the result be .....for now...
I don't even want them to release it now, let them not come and spoil the good mood......in case it's not what we expect it to be ...
* What is N1 Dividend compared to the over N4 gain recorded so far?

Meanwhile, TinuBULL witnessed today....
As Nigerian equities recorded a whopping 5.2% gain today alone, with market cap around 30Trillion!!

https://nairametrics.com/2023/05/30/tinubull-as-nigerian-stocks-post-5-2-gain-after-inauguration-speech/

locodemy:
Do you think Nsempas are not mature now?
Those who are buying such stocks already know their ways.
Some are seeing this period as an opportunity to own a company.

Everything will fly......The time is now

We have quite a lot of newbie's here o...
Not talking to the elders...

BTW, DANGCEM eventually moved up......closed@290!!
Up with +20!

ACCESS did close to 200M in volume!
Top Volume and Value Table!!
We're watching....

Mpeace:
Even Daar coms sold 100k units already today

Lol.
Even Deap Capital resurrected! Chai!!

Newbie's abeg beware of traps o, Daarcoms, Dunlop and Deap Capital are no go area for now......also TANTALIZER (cos we don't know what's driving it yet).
* If you buy you're OYO..

Mpeace:
If you dey queue for company wey dey on full bid and e no be like say dem go give u anything today, pls and pls carry you money come hep me move mtn. Hep a brother in need abeg

MTN wey dey fire up.....
@253 as at now........Up with +N20.....

Transcorp is somehow not following the bull.......but maybe it will move as others keeps moving sha......some kind of indecision there...

ositadima1:
As the bull market rages on over the next few days or weeks, we should remember to take profits.

I will start taking profits when my stocks hit fair value or 60 to 70%, whichever comes first. I am planning to hold only the ones I bought at a bargain just after the COVID low. How do you see my reasoning, Mcy56?

Follow your mind....
Follow your strategy........

lancee:
No break no jam ....Banks are doing good as well as others
Be like say the thing caught some unaware ..Tradition is zee always come down after dividend

Me self sold some

Market just took another dimension this year.....

Peterichy self didn't "sell in May" and go away.....

@Lancee, Agba already answered you....

Btw: Kudos @Agbalowomeri 🙌

emmanuelewumi:
Midday market summary

DANGCEM and AIRTEL are yet to shake body....

Meanwhile, FBNH sighted @15!!
@Lancee E Ku Market ooo.

ZENITH now @29.70!! Up with +10%, +2.70!!
Serious!! Its been a very long time we witness this kind of trading last!

* More stocks are joining full bid League..... CHAMS, ETERNA, ZEE, UBA, ACCESS, JAPAUL, FCMB, JAIZ, FIDELITY, MRS, CONOIl, FTN COCOA, etc.......dem plenty o......with many selling high as well...

*Updated*
DANGCEM eventually responded to the bull......closed @290....uo with N20 gain.

The kind of funds entering the market ehhnnn!!

chimex38:
Access 11.7 offer dey Ooo!!

Oga where did you see your own?
ACCESS that they're busy crossing at 12.50 even as at now...

GTCO: Arrived KM 29......
MTNN: Arrived KM 240....

Insurance sector is doing well.....MBenefit also sighted at day's high....0.37

*Attached is ACCESS and UBA:

lancee:
uba

Now on full bid @10.20......
Let the +10 10% keeps coming....,

** ACCESS: sighted @12.50!!
About to follow suit?
***ACCESS too don sell market finish ooo. Full bid!

** ZENITH: Sighted @29!.......29.50!......29.70!!

** STERLING @1.98.....followed....
UCAP: @14.....

yMcy56:
Extract from one of the noise makings in Dec 22.
FIDELITY now at N5 and slowly climbing......
I dreamt that it got to 6.26. ......may or may not be around this time, but na Wetin I see be that. Dream Analysis -DA.
Abeg do your DD o. No say na me talk am.

My post of Jan 26.....
FIDELITY sighted @6.16......
Dream coming thru gradually.......
Chai!! I won't be giving this dream out for free again...

*Updated*
FIDELITY: Sighted @6.36!!!!!
Dream comes through!

FBNH sighted @14.70!! Chai!!
E don dey make Access wake up.....@12.20/12.30 now....
UBA: 10.20....

Zenith: This one vex jump over GT....

STERLING 1.97!!

JAPAUL: Warming up?

toyeoye:
Please which source do you use to get the updates? Please

It's from Morgan Capital Securities Live Trade.

E Ku Market ooo.
Everything moving so so fast....
Lots of vexing from many of this coys.....

thesilentone:
@Mcy56
LIVESTOCK, NB, UACN, RTBRISCOE

The usual FUGAZ, WAPCO, VITAFOAM, FCMB, FIDELITY, CONOIL, TOTAL, CAVERTON, BANKS generally including Microfinance are all on the rise

Thanks a lot sir.
Blvd I've asked on behalf of one or two investors here too.....
We'll monitor and watch market reactions for this possible positivities.
Wish us a more rewarding era during this Jagaban tenure. 🙌

**DD still advised cos Mr. Market has a mind of its own**

thesilentone:
Spent the day assessing NSE charts -
60+ uptrending.
Plenty to go round. Some are at or near All Time Highs whilst many are just gearing to take off.
Happy Hunting

Can you assist with list of some of those gearing up?
Thanks for your good works here.

phoinix:
Hi Sis, longest o. I am planning to sell my CAP a day before dividend qualification to avoid markdown. I read here about the T+3. Will I still qualify for dividend?

Jagaban don bring you out.....E Ku plenty days o..

* T+3 is talking about cash settlement date...when you sell and wish to withdraw from the amount into your bank acct...OR, when you plan to buy before qualification date.
* If you sell a day before markdown, you WON'T qualify for Dividend.
* To qualify for Dividend, you have to sell after final qualification date.

Ajibade123:
do you have any idea when they would be paying there dividend

ACCESS already paid on 24th May.

Agbalowomeri:
@Mcy
Custodian moved rapidly from 1ish to 6 over a couple of years. It's currently in a long consolidation. Maybe I will take a look at the stock again. One thing is sure, whenever it decides to move, it will be another fast journey

Oga Agba pls do.......and kindly revert with your findings as well as what the chart is saying.
Thks sir.