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aktopgun (m)
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The beauty of a thread like this is the diversity of opinion and tools available for decision making. Personally I don't place much value on candle talk. but for die hard short termers it is an invaluable tool. Me, I don't trust the charts. The charts for transcorp up until the day of the reversal would have given no indication of the possibilty of such fundamental happenings. That said I believe that everyone is welcome to contribute what he has to the development of this thread. Whoever is not comfortable with a particular method can just ignore any mention of it. I actually skip a lot of the information on this thread. I take what I can use and leave the rest. That I don't like amala does not mean they should not sell it in my favourite restauarant.
@frankiriri well said bro. whilst i'm not holding brief for candlestick analysis, i don't expect anyone to make decisions blindly at all. Regardless of what the candles say or said. i woudnt not have bought Transcorp for all the Harami in japan! that said though, the candles did predict the upturn in transcorp after a sustained bear run. Please observe below the chart. just this once  |
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blueband (m)
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I am moving my money gradually out of cashcraft.I be small fish so e no go affect them.  |
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windywendy (f)
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If Transcorp was not placed on TS it would have reached 20 naira and obviously that would have justified SECs position that dirty deals are going on on the NSE.SEC needs to be on top of their game or else sooner than later we no get any NSE again.Can you imagine Madam Onyuike saying SEC should have contacted them first,re-AFROIL,AP et al.A man goes to steal money and when police catch am,the thief papa dey vex say why police no contact am before going public.
I tire. LOL!!!  . But in fairness to NSE, the SEC should have hinted them first na. Abi how else are they going to carry out the investigation conclusively since the trades are being done through the NSE? Infact one would have expected that the SEC would have investigated the nature of those trades and from whose accounts the shares were being traded before coming out to announce that they suspect fraud, and it's the NSE that can provide such info. Abi what do you think? |
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richieade (m)
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SHITTA! LOL! Memories! Memories! Onilegogoro, The tuwo beta pas the amala  |
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Talktrue (m)
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AK47
abeg the send the image the come, and the explanation too. I don the burn my own candle too
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beginner
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My fellow nairalanders
If your broker charges 1% fees, please how much should the total charges be?.
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windywendy (f)
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@dollyp1cute I didnt know you had already asked pumping that question before I clicked reply. I am wondering the same thing. E be like Oga pumping they put fire for Aiico rocket for CICO reasons Some of us also have CICO plans in other Insurance firms too . Your opinions here dey sell market o soo abeg easy on the other Insurance firms Wait o, are you accusing Pumping of "pumping and dumping"?  Oya, oga Pumping777, defend yourself  your reputation is at stake o |
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invisible! (m)
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@beginner, the charge is in relation with how much you are using to buy the stocks, like if you are buying a stock worth 100 thousand naira, the charge should be 1 thousand naira only.
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easimoni (m)
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My fellow nairalanders
If your broker charges 1% fees, please how much should the total charges be?.
1.83% same as mine. |
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windywendy (f)
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@Windy, Wendy How goes the gale today? I note that FSDH Securities are you brokers. Please tell me roughly how long it takes them to verify your certificates and have them on CSCS. This has been an area of dissatisfaction for me. Samstone4  Yes, certificate verification is an issue. From my experience though, the problem has been with the registrars and not with the broking house itself. It's been a while since I did POs, but with the last one, they got all my certificates even before I knew they did, and sent them for verification. The registrars took their time and i had to make several calls to them before the certificates were eventually sent to the CSCS by the registrars. |
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yodiyokun (f)
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I trust pumping, he no fit do 'pump and dump' His carpenter no fit use hin tooth remove nail |
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easimoni (m)
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@ All the Technicalists, esp those who bough the John J Murphy book;
Anyone read the chapter on the Elliot wave theory? Looks promsing.
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tiwantiwa
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@ all a friend told me he recieved a check - apperently for returned money from Bagco , any info on the allotment ,  ? |
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yodiyokun (f)
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@ All the Technicalists, esp those who bough the John J Murphy book;
Anyone read the chapter on the Elliot wave theory? Looks promsing.
@easimoni, see why I drop the book, wetin concern moi with scientist theory - all in the name of making money. My level never reach that side !!!. |
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Obalende
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@ yodiyokun I recognise your post from that board about immigration and that thread- would you permit me to send u an email or PM on that website (site names withheld for your privacy). abeg - i hav an option of migrating to canada and i need someone who has experienced both sides like u. I will be going with a student visa - just looking for your comparisons of both places. Ok now NSE talk, Regency Alliance Plc set for listing http://www.stockmarketnigeria.com/2008/02/19/regency-alliance-plc-set-for-listing/ will start at NGN1.75 - does anyone have background data on thiss stock (year end) and if it will rally in a short while. |
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iconbull
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@babaolu
contact me i got new lead on the UBN PP. Urgent!
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windywendy (f)
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This is the quote of the day for me which corroborates what others have said regarding the almighty borker being the last and weakest link in this CICO business. They can make or break all your assumptions in technical analysis, @ WindyWendy: we wey no get Superman broker, wetin we for do now? ?? You fit connect us with your personal broker for FSDH? Hmmm, I'm not sure if giving his name on the forum will be appropriate. But I'm first name na IK no be from my mouth you hear am oh  |
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windywendy (f)
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@ Napoleon
Very interesting and informative posts. Please do upload the data on Starcomms and Multilinks soon. In the alternative you can mail it to pumping to do the upload.
Yes o, I concur fully. Please email to Pumping (Pumping777(at) yahoo) sorry pumping, I got your email addy from an earlier page, so that we can do some quick analysis. @Napolean, your posts are very informative. Thanks! |
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windywendy (f)
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Nothing spectacular. Q1 PAT was N2bn. Q2 PAT was N5.8bn. So if Q3 PAT is <N10bn it implies that the Full year will be about N13bn. That will give an EPS of <N1.00 which at current price is like a PE of 22.00. So to me, nothing fantastic.
However, Diamond is well positioned to issue a bonus which may influence the price.
Hmmm, I doubt very much if that would happen, at least not with actis being the core investor and being on the board as well. Bonus go result in EPS dilution and they don't like that. My opinion tho |
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windywendy (f)
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@ Windywendy
Unity magic is performing, do u knw my entering price? Less than 9 naira, i dun mind selling it at 10 or 11. Mhm my Roll Royce, where is father of 1+1 ?
Good for you! But na Emmaachile you suppose thank for the unity bank tip But wait o, why sell at 10 or 11? My take is that the price will be pushed to at least 15 before going on TS. So an exit at about 14 or thereabout would be more optimal. Na my opinion be that o, make your decision. **disclosure**Me sef get plenti plenti inside |
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loma (m)
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Windy-Wendy is the sound that the Naira makes You were spot on for Berger Paints and Niwicable. More wind to your elbow! |
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shigidi (m)
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yudiyokun, I'm really not in a rush to verify, i havent even submitted yet. will do so soon. pumping 777, i have no info on rt briscoe, I'm a LONGMAN, that one don do.
diamond 9 months was fantastic. superb. make una watch out for fcmb.
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Egavlas (m)
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@windywendy No be like that o, we don pass that 'fire for aiico rocket' issue about two pages back. Pumping made things clear to me. Anyways, does anyone have a list of the recapitalized Insurance companies? or know where I can go and read it up? Someone told me one of them is doing PP and I want to research on them. them go say na only Insurance company this one sabi for NSE |
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windywendy (f)
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You know you are thinking too much of your NSE portfolio when:
You tell your children they can't go to college yet because you are convinced you can make another 50% CICO on their education accounts when the market turns around.
I'm normally a very calm and easy going person o, but if hubby tries this kin tin, hmmmmm, na I'm be say thunder go strike o! Which kin yeye tin be that! God forbid bad thing  If na joke make you stop am now now. CICO ko, CICO ni. |
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windywendy (f)
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@windywendy No be like that o, we don pass that 'fire for aiico rocket' issue about two pages back. Pumping made things clear to me. Anyways, does anyone have a list of the recapitalized Insurance companies? or know where I can go and read it up? Someone told me one of them is doing PP and I want to research on them. them go say na only Insurance company this one sabi for NSE Ah no mind me o. I just dey catch up since friday. The pace at which this thread moves is alarming. I'm still catching up sef. Anyway, no problem, na joke I dey joke with you |
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blueband (m)
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ASO SAVINGS HOLDS EGM, TO LIST ON STOCK EXCHANGE
Written by Austine Odo
Monday, 18 February 2008
Aso Savings and Loans Plc, a Primary Mortgage Institution (PMI) incorporated in Nigeria as a limited liability company on November 9, 1995 which formally commenced business,
on January 2, 1997 and converted to a public liability company (PLC) on September 22, 2005 is to hold its Extraordinary General Meeting tomorrow Tuesday February 19, 2008 to consider among other things, to apply for listing on the floor of the Nigerian Stock Exchange.
The meeting which is slated for 11: 00am in Benue/Plateau Hall of Transcorp Hilton Hotel Abuja is to consider and if thought fit, pass as an ordinary resolution, upon requisite approval for the company to carry on business as a listed company on the floor of the Nigerian Stock Exchange, including offering securities through the Exchange from time to time.
According to the notice of the meeting given on the order of the board by the company secretary, Bilkisu Rimi, the meeting will also consider, and if thought fit, resolve to amend the Memorandum and Articles of Association of the company by the insertion of a new paragraph 3 (vii) & (viii) and others thereof.
The meeting notice said a member is entitled to attend and vote at the meeting, and a proxy need not be a member of the company.
To be valid, the notice said, a proxy form must be stamped by the commissioner for stamp duties and deposited at the registered office of the company, Plot 266, FMBN Building, Central Business District, Abuja, not later than 48 hours before the meeting. Aso Savings and Loans Plc is regulated by the Central Bank of Nigeria under the Mortgage Institution Decree No. 53 of 1989 to carry out the business of mortgage banking in Nigeria.
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windywendy (f)
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I don talk am before. Their bill payment service is the deal that'll make these guys. Just wait until their access terminals can be interconnected with master and visa and they'll be gallopping away until some strong competition gets into their market space and edges them out that is . . . |
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windywendy (f)
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Oga me, u are too much.Please permit me to be your Goddaughter because i like to follow connected people.You have a lot of insider information and for u to say u dey for that Thisday Award, it shows that u are a big player because i passed the place that Sunday and i know the kind of cars wey i see there.Please don't forget me incase of small pp.
@Napolean: Me sef I wan be your God daughter o! na just a few years I take pass that your daughter wey you mention for one of your posts from before before. I go qualify abi? Seriously, we'll appreciate any PP news you can get. Please keep em coming. |
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SavvyLanre
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@Windywendy
Infact me ma self - i wan be your Godbrother,
On any stock you buy, just send me trade alert as well.
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