fxuser:

- Never a fan of long public holidays
- I hope d bears and bulls had enuf rest !

Really don't have issues with the holidays..... So far as my crypytocurrencies are still making money for me...

http://oilprice.com
Crude oil has been gaining since three days, currently @ $46.52.
This is a sign of bull visit.

Chibuking81:
http://oilprice.com
Crude oil has been gaining since three days, currently @ $46.52.
This is a sign of bull visit.

...it's a welcome news, but long term trend is still bearish. Nigeria, Libya and US shale oil producers need to cut production for price to move up

Infinitisi:
@BullBearMkt and fxuser I picked this volume/trend analysis from something I'm reading.


Would like to know:

1. if there are additional ways of using price and volume in analysing activity on the stock market.

2. Is the 10 day volume moving appropriate for the NSE. If it isn't then based on your experience what period volume moving average is best.

- Nice one.
- to your Question: All oscillators & indicators derive their data from price & vol. (RSI , macd, Obv, BB blah blah)
- It's important to remember that they are all lagging in nature, so its not predicting ''certainty'' only possibilities based on 'PAST' data hence our aim is to improve on risk mgt for long term success (im a full learner )


Dis:
i like days with above avg vol wt higher closing price over prev day , i prefer higher weekly closures on strong volume wt a gap up d ff week opening.


- to question 2 : i use default settings or compare weekly volumes

veecovee:
that's the best, cause no one knows it all. Ticket to his seminar used to be very expensive. I equally have many of his DVD plates which I bought very costly those days. But all of a sudden, he shut up...what a changing time.

na naija events shut am up o. D guy been dey try and was fair

Yes o. That's the way to roll these days.

Weekend or holidays. Not a problem for me too. Sometimes when I wake up to see my dashboard, I just smile.

feelamong:



Really don't have issues with the holidays..... So far as my crypytocurrencies are still making money for me...

fxuser:



- Nice one.
- to your Question: All oscillators & indicators derive their data from price & vol. (RSI , macd, Obv, BB blah blah)
- It's important to remember that they are all lagging in nature, so its not predicting ''certainty'' only possibilities based on 'PAST' data hence our aim is to improve on risk mgt for long term success (im a full learner )


Dis:
i like days with above avg vol wt higher closing price over prev day , i prefer higher weekly closures on strong volume wt a gap up d ff week opening.


- to question 2 : i use default settings or compare weekly volumes

Indicators only tell the trend of the market, it will not tell you when the market will reverse.

Nigeria’s Treasury Bills Market Closes Bearish
http://www.businesspost.ng/2017/06/27/nigerias-treasury-bills-market-closes-bearish/

What is the future of ConOil as @ current price. Is he advisable to buy. Waiting for reply

amjustme2:
Yes o. That's the way to roll these days.

Weekend or holidays. Not a problem for me too. Sometimes when I wake up to see my dashboard, I just smile.

Brotherly, na so I been dey wake with smiles upon seeing my dashboard back in the days of Liberty Reserve. Until one day, I wake and discovered that my dashboard just disappear enter air. Na dat day I fear whitemen and any crypto-coded currency

9free:

Brotherly, na so I been dey wake with smiles upon seeing my dashboard back in the days of Liberty Reserve. Until one day, I wake and discovered that my dashboard just disappear enter air. Na dat day I fear whitemen and any crypto-coded currency

Thank u for saying the part of the story they never sell. They keep telling us how we can make billions from it without saying it could also disappear at any time and in a matter of seconds

Conoil grows Q1 profit to N3.3bn


Indigenous petroleum marketer, Conoil Plc, has reported a gross profit of N3.318bn for the first quarter of 2017, representing 67.66 per cent earnings rise compared to N1.979bn posted in the first quarter of 2016.

The improved financial performance for the first quarter ended March 31, 2017, showed a revenue of N24.474bn, which is an increase of 28 per cent over the N19.042bn recorded in the corresponding period of 2016.

Its profit after tax stood at N174.458m in 2017, compared with a loss of N944m in 2016, a statement by the oil major said.

Thus, it added that it was raising investors’ expectations for another bountiful harvest at the end of the year.

The frontline petroleum marketer, had last Wednesday announced a profit after tax of N2.837bn and proposed a dividend of 310 kobo per share for the 2016 financial year.

Analysts in the capital market had said the positive performance indicated bright prospects ahead for the shareholders of the company. The firm, last Wednesday, reported a revenue of N85bn, up from N82.919bn in 2015. Cost of sale reduced from N71.381bn to N70.8bn in 2016, bringing the gross profit to N14.14bn, compared with N11.53bn in 2015.

The oil firm said it reduced distribution expenses to N2.534bn, from N2.69bn after adopting a cost optimisation strategy. Its finance cost fell significantly from N3.75bn to N1.76bn.

Conoil, thus ended the year with profit before tax of N4.28bn, showing an increase of 24 per cent above the N3.44bn in 2015. Profit after tax rose by 23 per cent to N2.397bn to N2.837bn. Earnings per share also increased by 23 per cent from 333kobo in 2015 to 409kobo in 2016.

It said the improved 2016 performance resulted from its sustained culture of financial discipline, prudent and efficient execution of projects and plans, aggressive product development and marketing, supported by cutting-edge customer service delivery.

Conoil said, “Amid the challenging economic environment, our team proactively identified potential business risks and suggested quick fix solutions to optimally manage and minimise the risks, which helped in achieving efficiency in the way we do our business.”

The Chairman of Conoil Plc, Dr. Mike Adenuga had assured shareholders that in the face of the gloomy economy, the company would always strive to be one of the fastest growing and profitable companies in the country.

He assured that it will consolidate its gains and ensure greater returns on investment for its teeming shareholders.

While promising that the company’s ultimate goal to its customers will always be excellent service and products, he maintained that its promise for its shareholders remains maximum value.

Adenuga stressed, “We will drive our business to greater heights by re-establishing commanding presence in retail business, lubricants, aviation, liquefied petroleum gas, specialised products and non-fuel retail services .”

Copyright PUNCH.

wickyyolo:


Indicators only tell the trend of the market, it will not tell you when the market will reverse.

...that is not correct. Indicators can provide trends, reversal, cycle, momentum, emotions, money flow and many more

9free:

Brotherly, na so I been dey wake with smiles upon seeing my dashboard back in the days of Liberty Reserve. Until one day, I wake and discovered that my dashboard just disappear enter air. Na dat day I fear whitemen and any crypto-coded currency

you are correct, infact I use to trust them more than the nigerian bank in those days,but am been very careful with every online financial institute like one does to a snake since I learnt my lesson in a hard way!

BullBearMkt:

...that is not correct. Indicators can provide trends, reversal, cycle, momentum, emotions, money flow and many more

I don't believe in overbought , oversold, divergence because most times they don't work.

I only believe in buying cheap and selling it when price is high.

I only trade american stocks. I'm just here trying to learn how NSE works.

Cadillac15:


BAD ADVICE. WILL DEFINITELY BURN YOUR FINGERS



Never going to happen in the next 3 months. Results will be out in less than 4weeks from now. The mine is already ripe for gold production.

Thanks Cadillac15, this my opinion it is based on technical analysis done by myself considering my risk appetite. My money is at stake here and I need to protect myself from too much risk. I am not out yet, I have just indicated where I will exit (price going below 4.50). i am closely watching this stock. We don't need to argue, the market is the final judge. Mind you that, If the stock never goes below 4.50, I will still be holding the stock and if see the stock going above 5.56, I may buy again in the future.

wickyyolo:


I don't believe in overbought , oversold, divergence because most times they don't work.

I only believe in buying cheap and selling it when price is high.

I only trade american stocks. I'm just here trying to learn how NSE works.

...lol!!!
you trade NYSE or NASDAQ or SPX500 and you don't believe in overbought , oversold, divergence?

If used effectively, indicators will tell you when price is cheap (oversold) and when it's high (overbought) along with price actions and volume.

If you are successful on NASDAQ or any US exchanges, then NSE is bread and butter...

BullBearMkt:

...lol!!!
you trade NYSE or NASDAQ or SPX500 and you don't believe in overbought , oversold, divergence?

If used effectively, indicators will tell you when price is cheap (oversold) and when it's high (overbought) along with price actions and volume.

If you are successful on NASDAQ or any US exchanges, then NSE is bread and butter...

Oh well. Then I'm game. I use 50 and 200 EMA indicators but once in a while I use RSI.
I've been good with them for the past 10months.
I will keep watching how you trade the NSE.

davide470:
Download the e-mandate forms of the registrars for the stocks you bought, fill the forms and take to your bank to upload on the NIBSS platform (eDMMS).

If you bought any stocks being managed by United Securities, Atlas (former FlourMills) registrars and DataMax registrars, you need to meet your broker, sign a transfer form and let them process for you. These particular set of registrars are still using GLO network. Lol

Thank you.

If you are here to learn how Nse works I suggest you head to the Easykobo website and join there stock trials simulation of the NSE it is free to join.

It will help you learn more about NSE than you thought.


Who knows maybe you will gain confidence and start investing in Nse one day.

wickyyolo:


I don't believe in overbought , oversold, divergence because most times they don't work.

I only believe in buying cheap and selling it when price is high.

I only trade american stocks. I'm just here trying to learn how NSE works.

yinka2011:
If you are here to learn how Nse works I suggest you head to the Easykobo website and join there stock trials simulation of the NSE it is free to join.

It will help you learn more about NSE than you thought.


Who knows maybe you will gain confidence and start investing in Nse one day.

Thanks buddy

- Q2 coming to an end !
- mkt set ups and timing critical

pluto09:


I dont even know that the man still writes about stock now.
Gone are those days when we were always looking forward to get copies of his weekly stockwatch magazine.Even in my local area here we mus get it at all cost. I stiil get some copies in my library.He did his best and he got so many of us interested in the stock market.
With my little knowledge about stocks now,i will rather do my analysis myself and follow my own investment rules developed over time.

Abayomi is still very active but not so influential like before, people are now wiser compared to those days, despite that, I still visit his site and listen to his program. He has been trying to make up for the lost suffered by his followers in those days. And of course, his experience still matters sometimes.

http://stocksng.com/

kolaish:
Abayomi is still very active but not so influential like before, people are now wiser compared to those days, despite that, I still visit his site and listen to his program. He has been trying to make up for the lost suffered by his followers in those days. And of course, his experience still matters sometimes.

http://stocksng.com/

Market fall the guy hand, but e dey try small small. I also like the fact that he has gone digital with stockwatch.

Most retail investors benefited from the guy, while some also lost. It's 50/50.

Good morning bnsitl. Welcome back from the sallah holidays.

Well, today is resumption of NSE market. I know some of you have been eager to hit your platforms for trades . Pls, calculate well. Ensure your indicators agree with what your mind is telling you. If you follow any call made here, pls take responsibility for its outcome..

I wish you all a successful investing.

stcool:


Market fall the guy hand, but e dey try small small. I also like the fact that he has gone digital with stockwatch.

Most retail investors benefited from the guy, while some also lost. It's 50/50.

Abayomi chop my money small on that stockwatch publications.

Guys dis Aboyomi also lost millions in d market,because he also bought most of those private placements.So guys no one knows it all,but i still respect him and will attend his upcoming seminar on d 8th of july.