₦airaland Forum

vacanci:
this OANDO matter na to dey average down. As e dey go down na to dey buy more.

This is buying opportunity. Not everyone reaches the final destination of a bus. as some dey jump out, some dey jump in.

Prepare to average down at 10 too and possibly 9. I intend to average up at 8 hopefully.

..

YOU all have had some reCAPs on AFRICA being PRUDENTIAL. I must say the monthly chart setup is revealing. A foot a piece? How do I moderate this portfolio now

Streetinvestor2:
Moved the cash from presco to Dangote sugar @52 since I no fit chase uba which was my target for selling presco yesterday. This particular sugar is for speculation, will sell @70.The one for long-term is BE of #23.
The sell happened late @#210 ....e pain me because I saw the opportunity in uba at #13 with expected final dividend of nothing less than #1.50 by yr end

That UBA line is so long my bid to top-up is not on Morgan list 🤣🤣. Trying to redirect some oil loot.

Here I was hoping I would have added Oando at 7 with the first batch of offloaders. Wow! Tomorrow we go to 11

vacanci:
This is why i dont buy into all these TA.

Yesterday, Dangote sugar failed to hold level 1 (52.25) from your chart but did not deep today, rather na full bid we dey see at this time.

NGX will make TA to become SA (spiritual analysis)

No be so. Dangsugar dipped to 51 today. I had a 49 level support on my end for dang sugar after first support failed.
TA analysis helps you know a safe buy or sell range.

Let the 10nants breathe

Princkez:
UBA......,50k dividend

Wow

phoinix:
What if all of your money is already tied up in the falling stocks? Are you saying that I should put my feeding allowance in it too?

🤣🤣

pluto09:
The CBN must have approved the interim dividend.

So as it should be. So I'm thinking other yet-to-be-declared dividend will not be what was initially anticipated?

Let's see the figures Access and UBa will push out.

With the new CBN directive, will banks adjust the interim dividend or what? People already booked major profits on them. I perceive more turbulence for that sector.

Zenith bank already on first level support zone @34 , will it hold or kiss 29 before stability?

When the banking sector sneezes, NSE catches a cold.

Tinubu has been globe-trotting for funds. Don't you think investors are looking for juicy long term bond yields??
Just me thinking wild.

Today's red, red oh. Even people panicked on Transcorp? Hmm. Oando unshaken! Tomorrow's another day.

Labdi69:
Bought my first stocks yesterday.

I bought dangote sugar, fidelity bank, Oando and transcorp. I feel like selling my transcorp to top oando.

Once i hit it big, i quit the 9-5 rate race immediately and ride off into the sunset.

Make the sun no set on you sha.

crownprince2017:
Good evening everyone and thanks for information over the years.

If you've been on this thread for that long, you have seen opportunities pass you bye. I'd say with such funds you boast of, you could walk into your bank and suggest to buy a FG bond and use the proceeds to play the stock market. Perhaps, you get more time to learn before your first tranche comes in.

My 1 cent low risk assest

Princkez:
Has ant one seen this?? OANDO

Just saw it and I say NNPCL is not serious. We vehemently resist in toto. Any attempt or attempted attempt to scuttle the progress of Oando shall be resisted by we the association of circa 4 Oando mandate standers.

Proceedings be acting, but grateful for my portfolio. Oando, on your mandate oh!!

Oil prices all the way up!!!

All these new figures on Oando , well if it comes who am I to resist . I'm still waiting on the pension settlement at 7. Court date is less than 35 business days now.

Kreos44:
True but the thing can pain sha. Even me thats partly in sugar still blame my self for not offloading the zenith bank I bought at N30 and putting it all in this Shugar business.

You played according to your risk appetite, which is fine.
I recently took a 20% haircut to position in another stock. Its all bout your risk-reward ratio

ebuka1997:
Oando to acquire Agip https://doclib.ngxgroup.com/Financial_NewsDocs/39377_OANDO_PLC-OANDO_PLC_-_PRESS_RELEASE__CORPORATE_ACTIONS_SEPTEMBER_2023.pdf

So they can afford NAOC, but not the minority shareholders?
Rug-pull effect for NNPCL?
Shrewd capitalist

It looks like a Fireworks week

Where's the dinner table please? Rice, salt and sugar everywhere.

Everybody observing table manners.
If you're in caverton just close your eyes and sit tight.

Watch out for Sterling sub 3(likely)

Assess your risk properly. That is how I've tied funds to oando and am like "I would have been in dangSugar and comeback with profit and still see it kissing lower 5".

We pray for more 10 10 on uncle Tee.

Please observe Due diligence..

unite4real:
Same way bad news drive it down hill making it loose 300% as well.

I know the angle you're coming from, please treat lightly.. . Na positive observe I observe

Yoast:
Transcorp on full bid..

I wasn't expecting it to jump pass 5 so easily..

For the TA gurus, where is the next resistance

There's no ceiling, just that a support range of 3.8 - 4.2 has been established. The bigger question is will September affect this current rise as oga moneymanager has been giving us hint.

Volumes have peaked to the billion range this month. The last was 2 months ago. Weekly chart as of this morning is yet to cross to OB on the RSI indicator, perhaps a quick look will inform us better.


*this is where I miss the US stock, the hype would have made us seen an over 300% at EOD running into the next day 🤣🤣. You go see crazy trade*

Not inferring anything oo, just observations.

Yoast:
I regret not buying enough. Hoping for a pull back tomorrow

There are no regrets when you've secured your investment. . As for pull-back, let the market decide with my profits.

Happy Investing!!!

Shoutout to Oga Emma for teaching us that Surulere pays eventhough my own is short by his standards .

Eku everybody!!!

DangSugar thank you oh for helping us stay above inflation oo!!

Yoast:
My spiritual analysis tells me Transcorp is headed for above 100. Believe at your own peril but it's not impossible

Abeg, no wound me with imagination

yMcy56:
Lol...
Ok. Thanks sir.
So TA already captured what's happening now in market......and we can say the next bus-stop is N5.....
I've seen this junction as the next target from some analysts too....
We keep watching how the whole thing unfolds then.....

At the back of an expected 2000MW in capacity by year end, this is charging.

Agbalowomeri:
Preventing further rise is still subsidy Lol

Why worry over an inevitable? There's minimum wage to resolve, there's sectoral palliative to ponder on, there's government belt tightening to implement, yet they are trying to defend fx rate for a non producing/ exporting country.

It's not like Nigerian gov't fancy it's citizens anyway.

yMcy56:
President Tinubu is considering temporary subsidy on petrol.......
Guess this is in order .....it will help alleviate people's sufferings....

https://www.nairaland.com/7804378/tinubu-considering-temporary-subsidy-petrol

For how long is temporary? The end of year oil price rise is coming due to high energy demand and operational cost in winter. Where are they going to get the dollar from? We can't meet OPEC quota to see dollar inflow, fx backlog on airlines and Co. I'm just observing this country from the sidelines.

Oando should just come and give me Christmas bonus early please.

YoungBuffet:
Stories! Whatever you get on those per share is not up to 0.40$ and the stock that has done around 300% is going to $10 which is around 3000% that is just a stock in my portfolio and am also withdrawing my gain at almost 900/1$ so dey play😂😂😂😂😄

All this your funny comparison. I hope you are couple of millions up??