Stock Market Tips For Nigerians

just got this from broker now


Latest Market Info
ACCESS: ADDITIONAL SHARES LISTED

ACCESS BANK (ACCESS) :- WE HAVE TODAY LISTED 9,164,340,987 ORDINARY SHARES OF 50 KOBO EACH PER SHARE.


ACCESS closed up 0.940 at 23.940. Volume was 62% above average (neutral) and Bollinger Bands were 36% narrower than normal.



Open High Low Close Volume___

23.000 24.000 23.000 23.940 24,647,750



Technical Outlook

Short Term: HOLD

Intermediate Term: Bearish

Long Term: Bullish



Price Trend Report:5 Moving Average: Current price is above 5-period moving average: 23.90

21 Moving Average: Current price is above 21-period moving average: 23.77

LSQ Analysis: Current price is 82% above its price trend.

Bollinger Band Analysis: Price Volatility: Increasing; Price Trend: Not in trend (probably is in sideway or reversing);

Hurst Trend Analysis: Hurst Exponent: 1.0000, current trend will continue



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Technical Indicators Report: Value Tips

RSI 57.2

MACD -0.1

CCI 33.6

DMI 37.4; 1.9

K%D 46.2; 32.9 Market is in up trend.

NVI 45.1 Up trend is likly to continue.

OBV -290477.9

PVI 85.3



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TRW Stock Forecaster:Prediction for Next Three Prices: 24.32, 24.55, 24.83

Deviation*: 0.03

Price Direction(short term): Price will go up.

I no get Nascon o but why holders dey fear? Na for CICO?

You no go position for Q-3 and Final Year? Better thing must still come from Nascon.

I don get this stock one time see how he dey behave. Some people hate the stock with a passion. As Yodi talk na those wey buy for N22. See Dunlop now. After all those shareholders vex finish wan kill the stock, see where the price carry go. them go dey try worry the stock price but if result come good, nobody fit hold better thing for ground o.

Make he come down make I kuku carry some join body.

Na your money sha. Make una take the final decision.

I don talk am say CILeasing and Japaul na golden boyz for NSE. Nothing too dey but na movement you go dey see o.

Still me no dey invest on this kin movement so right now I no get any of either one. I don waka.

See as you PUMP courage for my bodi!  U too much. One opeke for u to chop ur NSE money with!

i think its the CICOers who are concerned because if u are in it for the long term, all these price gyrations won't bother u. it would just be another opportunity to load up on it.
I see why most CICOers would need antihypertensives,(excluding fof2  ) its a full time job      

@harrisoft,

Allow uncle Napo make he speak him mind O, a beg, personally I find what
he has to say very enlighten (I hope say i no tabon) )

No shaking for AIICO up till now. Na wa o but I'm loving it This is the darling of the insurance sector at the moment since it is TS-Proof. If the thing no shake till he pass N6 on Monday, I go come weak finally. Unforunately man must sell at a point. Aiico. I go miss you o  

Peugeot 504 na real correct car. If you see the way SCOA dey move unperturbed you go know say na correct suspension the thing carry join body. Chei!!! O ga ju!!

No worry, na only handgun you use and not AK47 - idea is need.

You never hear 'shakabula before AK47 ke? that one dey too sophisticated

I culled this news feature from Proshare Nigeria and took interest in this PP for 2 reasons. Firstly Hon Napoleon did make mention about the dynamics of PP investment levels yesterday. Secondly,I happen to have obtained a Mortgage approval-in-principle from the aforemenioned Mortgage company for N2.3M to pay for a property I purchased in Nigeria.


Jubilee-Life to raise N5 billion through P/Placements

Jubilee-life Savings and Loans Limited is getting set to raise fresh funds of N5.0 billion through Private Placement (PP) in a bid to meet the N2.0billlion minimum capital base requirement for operators in the Primary Mortgage sector of the Nigerian Economy.

 Shem Oluwagbayi, Head, Business Development Unit of the company who spoke on behalf of Wale Osisanya, Managing Director (MD) of the mortgage firm  disclosed this to Proshare News/Investigations. He said investors in the offer are expected to make a 100 per cent return on investment (ROI).

According to Oluwagbayi, the placement would open after the company has released results of the current financial year ending 30th April, 2008. “We are working out modalities to commence the Placement in June, 2008” he said.

“Jubilee-Life Savings and Loans Limited would offer ordinary shares of 50 Kobo each at N3.00 per share.

Without prejudice to our analyst review of the financials, face value results of recent financials of the company made available to our News/Investigations service for the period ended 30th April 2006 and 30th April 2007 showed gross earnings grew by 245 percent from N39.3 million in 2006 to N135.5 million in 2007.

While Profit before Tax (PBT) rose from an operational loss of N7.7 million in 2006 to N54.6 million in 2007 which represents a 610 percent increase. Profit after Tax (PAT) also increases from N7.7 million in 2006 to N50.7 million in 2007 indicating a 558 percent increase. The balance sheet of the company grew from N369 million in 2006 to N1.238 billion in 2007, representing a 235 percent growth.

Investors are encouraged to consult with their investment advisers and stockbrokers regarding this offer as no detail is available to us at this time; and no analysis has thus been done.

I did learn that Intercontinental Bank is making plans to buy-out the Mortgage company but it is not confirmed. Does this look like a good offer ? Would the PP be a White Marubuzo or a Gravestone Doji ?

 

 

Na to Mrs. Pumping and my in-law fully and finally 

Na SENTIMENTALITY go drive that kin company go Niger Republic in its first week of listing o!!!!!!!!!!!

Because u no go fit use candle analyse candle na!!!

@aktopgun
Can you please put your yagamuchi searchlight on CILEASING? what is driving that stock up? easimoni that stock don dey defy your "akpustick" analysis? sorry i no no book  ooooooooo.
well done pumpng , easi,wanajo ,aktopgun, yodi even though u no get in touch, windy and our newst ground shake General Napoleon.
Seun e for better if you organize nairaland party every year so that all of us fit come and rub minds together .
Blueband abi na butter raise one important point say make we try get one stockbroking unit considering the wahala most of us in diaspora have . that na good suggestion
I go hail all my people by phone tommrow. work wan kill me since na I'm make me no dey fit write but which work pass the one when aktopgun, pumping, wanajo and all the movers when dey this houseyet them still get time. God go bless all of you and like i said na small world

Or Bullish Harami cross?

Thank u jare my sister

Wetin be this na  

No kill me with laughter na