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Hello my fello Investors,
I consider it a rare privillege to be associated with this forum. I got hooked to the stock market recently when I was told that AP had large foreing investment & their price was going to Increase. this was in Nov and their price was about N80. 2day AP is priced above N220. unfortunately I did not invest then and i belive it is too late. Thus i have decided to become an ardent stock watcher and investor. I hope I can make valuable contributions to this forum and also obtain same from other members. At this rate we'd all end up multi-millionaires in NO TIME ![]() |
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Amen, as long as the multi-millions are in pounds sterling ![]() ![]()
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Didn't know where exactly will be best to post this so I guess I'll just post it in a number of threads that look a bit linked.
I believe this page/site represents a veritable source of info that we all might want to take advantage of. AfricanSelect | Public Offers and Private Placements
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"Concentration builds wealth, Diversification preserves it." - Warren Buffet
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I think transcorp is a unique company offering core investores the rare opportunity of being able to take over the whole company , first they stock up on the ridiculously cheap stocks on the secondary market and the come to bid for the shares on offer by the FG and transcorp.Again when the investors buy the shares of transcorp the current shareholders can be assured of bumper dividends.
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Folks,
Looks like Seun has finally had enough with the wave of insults on that thread and has suspended it. He has also cleaned up the tirade posted this weekend. A little late but better late than never. |
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@NBA, we have created another thread in nairaland called 'Nigerian stock market views'
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Guys, I want to be able to understand this Technical analysis thing as I think it is an important tool for short term traders.
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hey guys.
seeing we are having issues on nairaland with pictures and their non availability, this site has been suggested. so how does a brother upload pictorials here then. |
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How you dey, long time no post on Nairaland. Hope all is well. The issue on that thread or Nairaland for now will not go away if there is no moderator like SMN has. It got completely out of control over petty stuff, considering the priceless value everyone else enjoyed. We'll see what happens... |
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Stockbear, if you are looking to trade on momentum, Mobil looks great. But I rarely use momentum and the fundamentals just don't look good (~0% growth). Also, remember this was a run induced by AP and Oando. All the stocks in that sector grew and are now correcting.
I hope you've bought my fundamentals! |
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From what I gathered, it poised for take off, but let Topgun shed more light on this. |
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@easimoni
Do you think RTBriscoe has run out of steam already? |
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Anyone have information about Omatek Ventures, especially past performance and future prospects?
Pls share, I will really appreciate it. ..and its nice to see all the gurus back here! |
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![]() ![]() stockbear et easi, i just merely pointed out that the chart pattern for mobil is what is referred to as bump run reversal top and it may drop to about N190 which is not far from the price it was at about a year ago. going by the red marubozu on thursday, it may have a little more to drop as the candles would also suggest. stockbear, how do i attach the docs as u do, can u walk me thru it pls. |
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I think the reason why RT has not responded to the bonus is the confusion over the closure date. It was supposed to be the 24th (today) but seems to have moved to april 4th (next friday). Usually, after a bonus declaration, the stock gains max until ~ 2 days b4 the closure date bcos some people (like me) hate to collect bonuses and start to sell.
I expect RT to gain another 10% between now and the end of next week. I go iin at 30.3 and plan to exit at 37-38 (depending on what the candles say tomorrow) |