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Nigerian Stock Exchange Market Pick Alerts - Investment (7596) - Nairaland 6vo3q

Nigerian Stock Exchange Market Pick Alerts (13121231 Views)

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iHaveMadeiT2: 11:10am On Feb 09, 2024
Red days, DS/NS will be in front..

Green days, DS/NS will be at the back

Kilode

1 Like

Locotrader(m): 11:12am On Feb 09, 2024
iHaveMadeiT2:
Red days, DS/NS will be in front..

Green days, DS/NS will be at the back

Kilode

Wait for Dangote food listing.
All the goodies are there.

2 Likes

delvzy(m): 11:40am On Feb 09, 2024
MrDiligence:
Labour protests NAFDAC’s ban on sachet alcohol, says 500,000 jobs at risk (Video)
https://www.intelregion.com/news/labour-protests-nafdacs-ban-on-sachet-alcohol-says-500000-jobs-at-risk/


*🔄 SHARE*


*📰 SOURCE: Intel Region* — this group to receive more news updates ↙️
https:///JXS6w2hnii47lRQzh93dlH

Cc Loco

On one side this is good news to investors as the cost of operation will be reduced and funds channelled to other things. On the other unemployment rises.
Normally alcohol is sachet na scam from the pit of hell. Do you know the amount of waste we get from all these sachet products?

2 Likes

BullBearMkt(m): 11:48am On Feb 09, 2024
Capitas7:


Is the index an accurate reflection/representation of market price movements at the moment? With very few stocks having very strong influence on the ASI, and the other stocks having little influence on the index, the loss of roughly 25% in many stocks has hardly been reflected in the changes to the index.
...although it's largely skewed towards the large caps which are the main driver of NGX, but indirectly has some weight on small caps as well
grin grin grin grin grin

1 Like

sky2891: 11:49am On Feb 09, 2024
This kind of aggressive mopping in Oando. Are some people trying to the league of petitioners? lol
Or is it just the news of PH refinery?
Streetinvestor2: 11:55am On Feb 09, 2024
When we say no bear nobi joke.It is only pull back for traders.Thr can only be bear or beer when this government is confirmed to have failed like pmb government. Thr economic policies are still work in progress. And can only be properly judged from next yr.And I believe thr are signs they may get it right maybe not excellent. Dollar will not be that lucrative as per speculation rather it will remain stable at what price is what I don't know.

On another note I will this traders next Month on my jijo portfolio to be collecting #2 and #3 in some of this shares when they create the atmosphere for pull back.We are all here to make money.

No bear is happening because reality on the street, you will realise if you sell and move out the cash it cannot do anything for you.How much is land in good area in my state capital owerri now.A bag of cement don reach #8k. How much are cars from 2015 up now.This will tell you prices on nse has not caught up with prices on the street

10 Likes

ositadima1(m): 12:00pm On Feb 09, 2024
In all this, Total Energies never shake body. embarassed

2 Likes

jaybee3(m): 12:01pm On Feb 09, 2024
May the evuuuu god of analysis paralysis depart us in baba God’s name..Amen!!!
Locotrader(m): 12:04pm On Feb 09, 2024
Streetinvestor2:
When we say no bear nobi joke.It is only pull back for traders.Thr can only be bear or beer when this government is confirmed to have failed like pmb government. Thr economic policies are still work in progress. And can only be properly judged from next yr.And I believe thr are signs they may get it right maybe not excellent. Dollar will not be that lucrative as per speculation rather it will remain stable at what price is what I don't know.

On another note I will this traders next Month on my jijo portfolio to be collecting #2 and #3 in some of this shares when they create the atmosphere for pull back.We are all here to make money.

No bear is happening because reality on the street, you will realise if you sell and move out the cash it cannot do anything for you.How much is land in good area in my state capital owerri now.A bag of cement don reach #8k. How much are cars from 2015 up now.This will tell you prices on nse has not caught up with prices on the street

Ride on.
Nothing do you.
At your back nwanne.
iHaveMadeiT2: 12:06pm On Feb 09, 2024
Streetinvestor2:
When we say no bear nobi joke.It is only pull back for traders.Thr can only be bear or beer when this government is confirmed to have failed like pmb government. Thr economic policies are still work in progress. And can only be properly judged from next yr.And I believe thr are signs they may get it right maybe not excellent. Dollar will not be that lucrative as per speculation rather it will remain stable at what price is what I don't know.

On another note I will this traders next Month on my jijo portfolio to be collecting #2 and #3 in some of this shares when they create the atmosphere for pull back.We are all here to make money.

No bear is happening because reality on the street, you will realise if you sell and move out the cash it cannot do anything for you.How much is land in good area in my state capital owerri now.A bag of cement don reach #8k. How much are cars from 2015 up now.This will tell you prices on nse has not caught up with prices on the street
A bag of cement 4 months ago was 5k but today it is close to 8k. But some of our ogas are still waiting to pick Dangote cement at 2018 price of 160 and zenith bank at 16. I won't be surprised if some of the prices we see currently will eventually turn out to be the bottom for the year.

Since it's nearly impossible to time the market, me I dey follow people wey know road, like Otedollar who decided to load up Dangote cement in January, which is traditionally NOT a buying season.

4 Likes

Streetinvestor2: 12:12pm On Feb 09, 2024
ositadima1:
In all this, Total Energies never shake body. embarassed
My guy ,I just don't understand this total. Sometimes I am tempted to sell and move to my alhaji but my target sell price is #400....BE is #240..This goes for okumu oil though that one na BE #50.

I want to accumulate alhaji. Watin happen for the cement no go happen this time again. Alhaji initial short target #100 medium #150 and long #200 up

2 Likes

SonofElElyonRet: 12:24pm On Feb 09, 2024
Omatek hitting the deck and Mutual Benefit acting like misfit ! Both had better release positive news o
SonofElElyonRet: 12:25pm On Feb 09, 2024
Abi make I load more o and o ?
Locotrader(m): 12:26pm On Feb 09, 2024
iHaveMadeiT2:

A bag of cement 4 months ago was 5k but today it is close to 8k. But some of our ogas are still waiting to pick Dangote cement at 2018 price of 160 and zenith bank at 16. I won't be surprised if some of the prices we see currently will eventually turn out to be the bottom for the year.

Since it's nearly impossible to time the market, me I dey follow people wey know road, like Otedollar who decided to load up Dangote cement in January, which is traditionally NOT a buying season.

If FG target is to stabilize naira/usd at 1,200 official price then expect prices of stocks to rally more.
150k to 200k inevitable by yr end
BabsO2(m): 12:36pm On Feb 09, 2024
sky2891:
This kind of aggressive mopping in Oando. Are some people trying to the league of petitioners? lol
Or is it just the news of PH refinery?

Oando looks more like slow mopping as the price creeps up slowly. The days of below N10 looks gone and I am seeing a around N12 just by looking at trading without any graphs cool Those who use TA may see several pictures and stories. Sustained aggressive mop up or price levels change will be triggered by positive annual or quarterly reports and also on confirmation buy out will not happen.

2 Likes 2 Shares

BabsO2(m): 12:46pm On Feb 09, 2024
Locotrader:


If FG target is to stabilize naira/usd at 1,200 official price then expect prices of stocks to rally more.
150k to 200k inevitable by yr end

I am having a feeling price may oscillate more between 1,400 and 1,500 as there seem to be excess naira from the years of unproductive over printing.

But 1,200 can happen if oil production goes up and is well receipted by CBN instead of being held back in an opaque manner by NNPC, along with improvement in farming, production activities and increased revenues from Solid Minerals exports.

Looks like the year will stay positive for the stockmarket in all of this.

3 Likes

Phlinx: 12:51pm On Feb 09, 2024
.
mikeapollo: 12:51pm On Feb 09, 2024
sky2891:
This kind of aggressive mopping in Oando. Are some people trying to the league of petitioners? lol
Or is it just the news of PH refinery?

Oando is a huge puzzle. Anyone wishing to cash in really big must be bold and willing to wait for the long haul.
The fact that some new group of shareholders are challenging the earlier plan to delist in court is indicative and suggests that either the delisting fails totally or the offer price of N7.07 is increased significantly increased to compensate shareholders. What matters at the end is for investors to make gain on their investments, whether delisting or not
An upstream oil company selling at <N15.00 is potentially a ''steal'' for bargain hunters.

2 Likes

iHaveMadeiT2: 12:52pm On Feb 09, 2024
Nsempa na turn by turn

Days for the bear hunters and days for the bull hunters..

Where you belong?

Nonetheless, opinions from all sides of the divide make nsempa a balanced forum
veecovee: 1:05pm On Feb 09, 2024
Locotrader:


Why is it nobody is learning from you as an old man in stock business.

Old man learning from old man always.
No be juju be that?

Aby na because of me and streetinvestor2 you dey praise pa Emma?
So that we go run mad?
Why looking for @mega... trouble all the time?

You and @emma... no be level at all, at all.

I think say u talk say you done repent and no dey alcohol again?

Shuooo !! Why this nowww, you no dey like peaceful house?

1 Like

Locotrader(m): 1:17pm On Feb 09, 2024
veecovee:

Why looking for @mega... trouble all the time?

You and @emma... no be level at all, at all.

I think say u talk say you done repent and no dey alcohol again?

Shuooo !! Why this nowww, you no dey like peaceful house?

Fake pastor wetin be your problem.
If I face you, you will regret quoting me.
delvzy(m): 1:24pm On Feb 09, 2024
The money circulating out of the banking sector (~North of #2T) needs to find one way to bank either through stocks or another avenue.
People are hoarding too much which in its way is causing a strain on the Naira.
delvzy(m): 1:28pm On Feb 09, 2024
BabsO2:


I am having a feeling price may oscillate more between 1,400 and 1,500 as there seem to be excess naira from the years of unproductive over printing.

But 1,200 can happen if oil production goes up and is well receipted by CBN instead of being held back in an opaque manner by NNPC, along with improvement in farming, production activities and increased revenues from Solid Minerals exports.

Looks like the year will stay positive for the stockmarket in all of this.

We need to see insecurity lessen to yield anything good on the street

2 Likes

veecovee: 1:37pm On Feb 09, 2024
Locotrader:


Fake pastor wetin be your problem.
If I face you, you will regret quoting me.

God bless you Sir ...

But pls, let there be peace in this house.

1 Like

KarlTom: 1:39pm On Feb 09, 2024
The money you just referred to is in the coffers of the banks so I don't think it is causing any strain in the naira... grin

delvzy:
The money circulating out of the banking sector (~North of #2T) needs to find one way to bank either through stocks or another avenue.
People are hoarding too much which in its way is causing a strain on the Naira.
KarlTom: 1:39pm On Feb 09, 2024
grin grin grin

veecovee:


God bless you Sir ...

But pls, let there be peace in this house.
Locotrader(m): 1:47pm On Feb 09, 2024
veecovee:


God bless you Sir ...

But pls, let there be peace in this house.

Criminal pastor,
That I stopped drinking alcohol and concentrate on my family as a Christian does not mean I will keep silent when you are using my old life against me.
Na your type of pastor dey escalate secrets told by to the air.stupid victor that calls himself a man of God.
Go to Baba ijebu, victor is there.
Go to bet naija, you will see him there.
And you call yourself a man of God.

1 Like

IYGEAL(m): 2:11pm On Feb 09, 2024
Mpeace:
Its not necessarily about mandate. I tried mandating my before the payment and was told its been automatically mandated using cscs. But I never receive kobo for my very few units. I mailed and after four days they acknowledged my mail only to say they will look into it. Very unfortunate

GTL wasn't like this before!

Dudes opened two separate shareholder's for me, for reasons best known to them. I bought all units from same broker but at different times, which technically shouldn't be an issue.

They paid dividend for the latest units and, when ed, said the first units bought weren't mandated cheesy

For the records, I haven't "mandated" anything in recent times. I just dey laugh at how incompetence is creeping into a hitherto highly rated Registrar like GTL.

2 Likes

emmanuelewumi(m): 2:59pm On Feb 09, 2024
The general market can't be in a bear, not possible to have a 20% decline in the index to about 80,000.

But some stocks will be down by 20% and more. And will be down for months. The bear will be stock specific

What happened in the market today is expected after about 3 to 4 days of red

2 Likes 1 Share

Capitas7: 3:01pm On Feb 09, 2024
BullBearMkt:

...although it's largely skewed towards the large caps which are the main driver of NGX, but indirectly has some weight on small caps as well
grin grin grin grin grin
Thank you. I always respect your wealth of knowledge sir.

That was what I was using many words to say. I meant that the index might not react proportionately to the price movements that are provoking the uncertainties on ground. Maybe comparing the banking index to ASI for instance.

I guess the choice of reading to respond rather than reading to digest might have caused a misunderstanding by the one who quoted me earlier though.

2 Likes

KarlTom: 3:27pm On Feb 09, 2024
Phew! What a day! grin
Streetinvestor2: 3:34pm On Feb 09, 2024
Abeg na red or green win the match today..They say we they enter bear without audited results..if na red win today...come and see , 'we said it". The market is about pull back and pull front for now. And after results it may continue till catalyst from the economy will propel us to another great bull.
If you get dividend from your investment. Use it to hold body till another strong bull show face.But for bear it is not going to happen. If you fall mugu ,u will sell at loss and regret later.

Even normal business or market on the street right now is slow..Naija must survive. I personally still have hope in this country

This government is the turning point for a better naija therefore take position and be part of it.

2 Likes

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