emmanuelewumi:



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2017 NSE INDEX REVIEW AS A GUIDE TO POSITIONING OURSELVES FOR 2018

The 15 December 2017 stock exchange weekly report on the last page indicated that some stocks will be outgoing and some incoming for the various indexes. I believe that as participants in the market, this information can be useful as one these stocks will likely make some good move in the year 2018. However, which stock can this be?? Difficult question. All we have to do is follow up on these companies and if we see a specular result from them, we follow up appropriately and buy according to our capacity and if the stock fails to move as expected (kick it out of our portfolio and move on).

I have realized that my inability to do away with a stock that has reached my initial stop loss position has made me to tie down capital in unprofitable buys and then miss the good opportunities. Next year, this will change especially this attitude of considering the fact that the gains I am making from the good stocks will compensate me for the bad one, this seems to be a bad idea as it leads to holding the bad stocks for too long and then making a loss that are sometimes unrecoverable (when will UBA hit NGN50 again

Therefore from the list below, I want to follow the following companies and look for the appropriate buying opportunity (the list will definitely change if a company delivers a spectacular performance- sorry I will not touch the illiquid stocks). Illiquidity adds an additional risk therefore if I go into such stock, I will seek to get out when the ovation is still loud, I all learnt my lesson in the bear period around August this year, when my gain turned to instant loss as I tried to escape with the other people at the narrow door of illiquidity.

List: Dangote Flour, NASCON, Forte Oil, Honeywell, International Breweries (may be champion can ,make NGN4.00 again??), WAPCO, Diamond, CCNN and Conoil.

This is just one source of idea, other ideas will come via the Quarterly results and other important information like the posting in this forum/news.

Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently.

MY Target price for WAPCO 1-3MTHS is N80...I would Take profit. Long term N180-200

stcool:
MY Target price for WAPCO 1-3MTHS is N80...I would Take profit. Long term N180-200

i think lafarge wapco is really going to make some people rich next year, I've bought some units, seeing that the stock is trading at a very low price

Ambitious. Well nothing is impossible sha. But definitely not with their current figures.

stcool:
MY Target price for WAPCO 1-3MTHS is N80...I would Take profit. Long term N180-200

stcool:
MY Target price for WAPCO 1-3MTHS is N80...I would Take profit. Long term N180-200

Your short term expected price is aggressive. That price is a 9-month price PROVIDED their financials improved... .

rebekah2011:
Ambitious. Well nothing is impossible sha. But definitely not with their current figures.

Ambitious?...WAPCO holds both value & growth potentials. Q4 would open the way. Q3 is the game parent company played, wait after rights is over

stcool:
MY Target price for WAPCO 1-3MTHS is N80...I would Take profit. Long term N180-200

Lafarge/Wapco is another NESTLE in the MAKING....

If you mistakenly sell yours below 3Euros OYO.

*ThE OcToPuS*

WAPCO is still showing good sign of moving south. I am getting prepare at a lower price.

Too expensive I think

PETERiCHY:


Lafarge/Wapco is another NESTLE in the MAKING....

If you mistakenly sell yours below 3Euros OYO.

*ThE OcToPuS*

Not until you sell.....

BUA Group-Dangote Crisis: Edo Indefinitely Shuts Down Disputed Mines
https://www.businesspost.ng/2017/12/19/bua-group-dangote-crisis-edo-indefinitely-shuts-disputed-mines/

Dangote Desperate to Kill Our Business Like Others—BUA Group
https://www.businesspost.ng/2017/12/19/dangote-desperate-to-kill-our-business-like-others-bua-group/

All these people preaching about WAPCO..... After they will call Oga CP monkey Hunter...

^^
numbers will tells

PETERiCHY:


Lafarge/Wapco is another NESTLE in the MAKING....

If you mistakenly sell yours below 3Euros OYO.

*ThE OcToPuS*

When will you change from your ways?

mendes911:

All these people preaching about WAPCO..... After they will call Of a CP monkey Hunter...

Why raising the DUST ?

sellydion:
WAPCO is still showing good sign of moving south. I am getting prepare at a lower price.

Too expensive I think

check daily and weekly charts, I think lafarge wapco is over sold

PETERiCHY:


Lafarge/Wapco is another NESTLE in the MAKING....

If you mistakenly sell yours below 3Euros OYO.

*ThE OcToPuS*

See biased opinion just because you are in the bus....No be only Nestle, na EVA water... ...To all those trying to deceive newbies to invest in WAPCO by projecting baseless price target please stop. If you are not sure of what you are buying then don't buy. Not that you will buy and come here for people to help push up the price...It ain't gonna work...

Newbies even IF you are going to follow the nerd still do your DD.

veecovee:
check daily and weekly charts, I think lafarge wapco is over sold

0

Market can remain oversold longer than you think, brother.

sellydion:


Why raising the DUST ?

Dust no dey here oooo. Na snow full everywhere.

veecovee:
check daily and weekly charts, I think lafarge wapco is over sold

I think you are wrong....See the chart screaming sell, sell...

@coolcash, let have the site/source of this info and ofcourse the selling has been oversold. MACD and RSI are all at over sold levels dear

PETERiCHY:


Lafarge/Wapco is another NESTLE in the MAKING....

If you mistakenly sell yours below 3Euros OYO.

*ThE OcToPuS*

I just checked the the numbers in the stock and they are not ok. Admin expenses and finance cost. I know the rights will be used to offset the loans they have got but how about the admin expenses. They need to find a way to reduce that. Profitability is still far.

Except if you are on the contrarian side, then it will pay off if you balance well for Hopeville!

stcool:


Ambitious?...WAPCO holds both value & growth potentials. Q4 would open the way. Q3 is the game parent company played, wait after rights is over

This stock is playing in the shadows of Dangcem. Difficult to show face when you are relegated to the background.

The management needs the agree to do something on that line if admin expenses.

sellydion:
0

Market can remain oversold longer than you think, brother.

~ John Maynard Keynes

Great quote

RabbiDoracle:


I just checked the the numbers in the stock and they are not ok. Admin expenses and finance cost. I know the rights will be used to offset the loans they have got but how about the admin expenses. They need to find a way to reduce that. Profitability is still far.

Except if you are on the contrarian side, then it will pay off if you balance well for Hopeville!

20% up is OK for me from this stock in less than 2months ... if not, their 4qtr result has to determine whether or not I all continue to hold

If the rights subscription turns out successful/unsuccessful, then one can start from there in judging LAFARGE. Ears on ground.

Agbalowomeri:


When will you change from your ways?

The funny thing is that he will be the first to take profit if the price of wapco reaches 55 naira.

Coolcash1:


See biased opinion just because you are in the bus....No be only Nestle, na EVA water... ...To all those trying to deceive newbies to invest in WAPCO by projecting baseless price target please stop. If you are not sure of what you are buying then don't buy. Not that you will buy and come here for people to help push up the price...It ain't gonna work...

Newbies even IF you are going to follow the nerd still do your DD.

Thanks for countering that unrealistic post.

Coolcash1:


See biased opinion just because you are in the bus....No be only Nestle, na EVA water... ...To all those trying to deceive newbies to invest in WAPCO by projecting baseless price target please stop. If you are not sure of what you are buying then don't buy. Not that you will buy and come here for people to help push up the price...It ain't gonna work...

Newbies even IF you are going to follow the nerd still do your DD.

Why I mostly stay away this days from here, it's always about deceiving newbies. Exactly same thing I heard when I mentioned fidelity on this forum months ago. How much is same fidelity now.
Who is a newbie and who is forcing anyone to buy a stock. As a matter of fact WAPCO offer full ground and rights is still ongoing, so one cannot talk about deceiving newbies here, Abeg.

veecovee:
20% up is OK for me from this stock in less than 2months ... if not, their 4qtr result has to determine whether or not I all continue to hold

How much loss is okay for you in two months?

sky2891:
If the rights subscription turns out successful/unsuccessful, then one can start from there in judging LAFARGE. Ears on ground.

I read that they closed yesterday without extending the closure date, is this early closure not a sign of success?