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yodiyokun (f)
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@ Loma I would suggest you channel your 5m into oando. Tell your brokers to perform as todays volume was thin. I do not like this cico thing but at the same time I am not willing to divest from oando in a hurry. @ WindyWendy I smile with you, my head is there too and I guess it will gove quite good returns. Wanaj0 please comment on Amakpe. It is more viable than orient and if the fed government can get its act together it is a long term income earner. Londoncool na your people. All things being positive it is a good one. http://www.amakperefineries.com/Baba rere baba ke? Welcome back from y our leave of absence  We missed your very long eye opening epistles. @ Yodi, That no be the spirit now. there is love in sharing especially with the deep pockets. Unity bank will not try it oh. Are they better than first Inland or Fidelity. E good make person know him level. N12 will be too high and besides, their PE ratio, , na wah for that one. Whos riding with me on UNIC. I know sey pumping dey on board full time. Dont kobalise me ke! Na insurance we dey talk about and I never sabi wetin pumping dey think - I just talk my own decoding. Make pumping come decode him own fully for here.  |
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pumping777 (m)
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@windywendy - make he no be like say I no answer your question about wetin I come see for insurance sector. I sabi say if u look that insurance sector well well, u go see wetin I dey talk. No need for analysis sef. I just no fit talk am as I never get my trade alerts finish and my broker no be "superman" and Yodi don talk say make I keep quiet . |
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windywendy (f)
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But you have to note that Unity lost 3 days in a row and just went positive again. I think we are all getting used to stocks that just rise in one direction. So for me, there was more buying pressure today for the dip to be halted.
The trend has been bullish all month. A few dips here and there.
As far as this month is concerned, the stock is on an up trend. It has moved slowly but steadily from the low of N8.11 to the current price of 9.85 and I think today is the first day that the high for the day crossed N10. In that time the stock has dipped several times but the net effect is for it to inch higher and personally I think it is getting some help.
I have a bit sha and I like the movement.
The bolded parts are my thoughts exactly. Anyway let's see what happens from here on. @yodiyokun: na you sabi o!  Na you dey talk this kin tin . . . "the fear of windywendy . . .". Hmmmm, God dey  . |
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yodiyokun (f)
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@windywendy - make he no be like say I no answer your question about wetin I come see for insurance sector. I sabi say if u look that insurance sector well well, u go see wetin I dey talk. No need for analysis sef. I just no fit talk am as I never get my trade alerts finish and my broker no be "superman" and Yodi don talk say make I keep quiet . Pumping, make them no kill me oo. I beg talk the thing wey you see. I just go order my own tomorrow, I no get time order yesterday. I hope my broker go work shaprp sharp sha. |
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wanaj0
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@ Loma I would suggest you channel your 5m into oando. Tell your brokers to perform as todays volume was thin. I do not like this cico thing but at the same time I am not willing to divest from oando in a hurry. @ WindyWendy I smile with you, my head is there too and I guess it will gove quite good returns. Wanaj0 please comment on Amakpe. It is more viable than orient and if the fed government can get its act together it is a long term income earner. Londoncool na your people. All things being positive it is a good one. http://www.amakperefineries.com/You don spoil show!!!! with that OandO!!!! You for wait make I confirm sey my broker don buy am first OOO. As per OandO major problem is that I don't trust Tinubu and his group. However, they seem to be allowing professionals to handle the Energy Services sector. Got some peeps who are working for them on that. The upstream sector though risky will be a cash cow for them. If nothing, it will improve their cash flow. Amakpe refinery appears definitely better than Orient. However, until government shows a committment towards full deregulation of that sector, none of the guys will take the FID on the projects. BTW, learnt that NEGRIS is planning a PP. It should be one worth looking into. They are the only company allowed to import Solar Turbines into Nigeria. They are seriously into the POWER sector. |
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aktopgun (m)
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Haba! How you go dey talk in 'tongues' for a fellow brother now?i know we don't see eye 2 eye when it comes to the premiership but you must meet for middle of road for this insurance stock o! The insurance stocks is like stepping on a field full of mines but my strategy is to target any of those newly listed coys at least they are not going on TS soon but its an uphill struggle laying my hands on those ones.
I hope i get some AIICO sha abeg Pumping777 you fit allow one more gatecrasher into the party?
na now i know say u be proper winch person!!  bros wanajo, remember that one u wan sell for me yesterday? i don order am today sharpish with my cutix profit |
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yodiyokun (f)
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I hope i get some AIICO sha abeg Pumping777 you fit allow one more gatecrasher into the party?
That your premise of buying newly listed insurance go work -- if you get superman broker!!. As per Aiico -- I se say e don reach 7.50,, Where e fit fly go after 8 naira?? I never sabi. You no see the others wey dey for 5naira so??? and have been on downtrend for few days?? why you still dey chase shadow- |
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RoughCut (m)
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BTW, learnt that NEGRIS is planning a PP. It should be one worth looking into. They are the only company allowed to import Solar Turbines into Nigeria. They are seriously into the POWER sector.
i read the NEGRIS thingy but i'm having trouble differentiating between this company and CI Leasing and Japaul Oil not that i'm complaining once its listed that's another CI Leasing and Japaul Oil all rolled into one. Better days are here regardless if Yar'Adua's election is annulled or not! |
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Abu-Maryam (m)
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@yodi This signature is very xpensive(FEAR OF GOD IS A BEGINING OF WISDOM), me ku na carry people name de joke with it. Aha i don talkam, Where's father of 2, that PRES and CO na magic abi wetin?  |
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windywendy (f)
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@windywendy - make he no be like say I no answer your question about wetin I come see for insurance sector. I sabi say if u look that insurance sector well well, u go see wetin I dey talk. No need for analysis sef. I just no fit talk am as I never get my trade alerts finish and my broker no be "superman" and Yodi don talk say make I keep quiet . Ok o, no problem. My email don dey your dormot. |
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yodiyokun (f)
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CAVEAT EMPTY - I NO GET INSURANCE OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO.
I BE INNOCENT BYSTANDER O.
If T.S catch you - I no dey there ooo
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yodiyokun (f)
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Ok then, if Aiico no be 8 naira stock - wetin Lasaco be then? 5 naira stock? Anyway As I dey so - all inusrance na CICO except you were lucky to buy at 1.00 like Wanaj0 or they release fantabulous result to justify their prices. |
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wanaj0
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na now i know say u be proper winch person!! bros wanajo, remember that one u wan sell for me yesterday? i don order am today sharpish with my cutix profit Hope sey you get am BUY sha. Na huge volume was traded today!!!! I think the thing land for CSCS just on Friday so trading should be easier now and the price may stabilised. As the IPO vaccines no dey my body yet, I am still waiting for the listing of my Investment and Allied Assurance. Na that one be the killer!!!! i read the NEGRIS thingy but i'm having trouble differentiating between this company and CI Leasing and Japaul Oil not that i'm complaining once its listed that's another CI Leasing and Japaul Oil all rolled into one.
Better days are here regardless if Yar'Adua's election is annulled or not!
Will wait for the prospectus of NEGRIS. Detailed someone already to be harassing one of the directors. No slacking for that one. Conering Solar Turbine market alone is enough to sustain them. |
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RoughCut (m)
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bros wanajo, remember that one u wan sell for me yesterday? i don order am today sharpish with my cutix profit
Can you imagine Universal Insurance listed 16B shares? and yet you can't get that anywhere i mean how much would they have to generate in premium income to justify this overbloated shares they have listed? So prime candidate and in pole-position to do a share reconstruction and that brings its own problem of nominal price syndrome! another first on nairaland! |
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mastermove
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what do u guysand gals think about CRUSADER IS IT A BUY OR WATCH AND WAIT
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yodiyokun (f)
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I hope you people are on the diamond train - Na slow coach but very soon it will be on express lane with no conductors or room for standing.
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femlaj (f)
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@All,
Like my people say, e ku ise, whats your take on Oluwa glass and NCR for CICO, easimoni, windy wendy, pl let me have your view.
Thanks
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flakyy
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na now i know say u be proper winch person!! bros wanajo, remember that one u wan sell for me yesterday? i don order am today sharpish with my cutix profit Yodi how you dey Dont forget that AIICO is three companies in one now, AIICO merged with NFI insurance which used to be listed and LAMAK insurance, We should be seeing a three in one result when they eventually release it. Just to help you see that it may go beyond N8.00 |
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RoughCut (m)
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Ok then, if Aiico no be 8 naira stock - wetin Lasaco be then? 5 naira stock?
If LASACO is not going on TS soon then he go fit join the same club as AIICO. AIICO is one of the very few ins stocks apart from those newly listed stocks that is immune from the TS virus |
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wanaj0
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Can you imagine Universal Insurance listed 16B shares? and yet you can't get that anywhere i mean how much would they have to generate in premium income to justify this overbloated shares they have listed?
So prime candidate and in pole-position to do a share reconstruction and that brings its own problem of nominal price syndrome!another first on nairaland!
Yes Universal listed 16b shares but who are the owners of those 16bn? Who are those trading? Some brokerage house basically warehouse the shares and no selling until after N3.00. Problem with it is that most of the buyers are going to DUMP thus causing a free fall!!!! With 16bn shares, once the certificates etc are out, it is very difficult to manipulate the price. Those insurance guys are just clueless!!! Hoa many banks have up to 16bn listed shares? Yodi how you dey
Dont forget that AIICO is three companies in one now, AIICO merged with NFI insurance which used to be listed and LAMAK insurance, We should be seeing a three in one result when they eventually release it.
Just to help you see that it may go beyond N8.00
Hope you also know that the mouth to be fed has also increased!!!!! |
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LondonCool (m)
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Wanaj0 please comment on Amakpe. It is more viable than orient and if the fed government can get its act together it is a long term income earner. Londoncool na your people. All things being positive it is a good one. http://www.amakperefineries.com/@Napoleon, Thanks for the info on Amakpe Refinery (as an ex-child prodigy I took 2 seconds to decode the origin of the companies name from their owners-Chief Amanam and Mrs H.I kpe). Do you know when the PP would commence and the price per unit/minimum number of units ? It looks a better viable option than Orient Petroluem's PP. I remember my O/Level Economics classes when they used to ask us about factors that influence the location of an Industry-the first answer was always Proximity to Raw Materials. The siting of the Refinery at Eket close to the Qua Iboe Terminal makes lots of operational sense to me. |
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Abu-Maryam (m)
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@ll it's 7:35 pm ksa time (GmT +3) Come see this people online wanajo : foundamentalist windywendy: foundamenlist yodiyokun: foundamentalist pumping: foundamentalist/ tech Aktopgun :Candlistic Roughcut : foundamentalist/ Tech ololufemi: Foundamentalist/Techn I hope u people are not planning for massive swap in NSE.  |
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aktopgun (m)
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Yes Universal listed 16b shares but who are the owners of those 16bn? Who are those trading?Some brokerage house basically warehouse the shares and no selling until after N3.00. Problem with it is that most of the buyers are going to DUMP thus causing a free fall!!!! With 16bn shares, once the certificates etc are out, it is very difficult to manipulate the price. Those insurance guys are just clueless!!! Hoa many banks have up to 16bn listed shares?
Hope you also know that the mouth to be fed has also increased!!!!!
i personally believe it may be a CICO candidate in the end. the hungry mouths too much. 16B ke. for insurance company? o ga ju @eniyanman candlestick charting explained |
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yodiyokun (f)
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I hear you guys,
However, entry price is important. I would rather enter Lasaco now than enter Aiico at their current prices.
How many Insurance companies are currently on TS now? 3 or 4?
Maybe 2 more will join them, and then the POs will start rolling in. They all can't go on TS at the same time.
If I can be sure lasaco or Link assure isnt going on TS now - I will rather go for them than Aiico - simply because it will be easier for them to reach 8 from their 5 naira than aiico to reach 12 naira from its 8 naira.
I foresee 10naira being a resistant barrier for the insurance stocks.
Just my thoughts.
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RoughCut (m)
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i personally believe it may be a CICO candidate in the end. the hungry mouths too much. 16B ke. for insurance company? o ga ju
Of course its CICO and/or RO-RO candidate all rolled into one! As long as you get out before they do share reconstruction |
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Femtex (m)
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@ aktopgun / everybody,
I'm trying to understand this candlestick theory / prediction.
I'm going to use AG Leventis as an example. Considering TA;
RSI is about 90. Meaning it is above 70, therefore it is in the overbought zone and you should sell.
MACD is telling you that is Divergence is positive (0.1208), meaning it just hit a new low and you should buy more.
Also, the MACD rises above the signal line - giving a bullish signal.
When you look at the MFI line, it is right around the 75.77 mark (approx 80). This is telling you that it is almost in the overbought zone and you should sell.
Based on these 3 criteria, would you guys recommend AG leventis a buy, Hold or sell?
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yodiyokun (f)
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Of course its CICO and/or RO-RO candidate all rolled into one! As long as you get out before they do share reconstruction
Them go wait small be4 share reconstruction. or they may not do at all - see what happened to IEI. It has been ignored so far , it has the nominal price ailment. |
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RoughCut (m)
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I hear you guys,
However, entry price is important. I would rather enter Lasaco now than enter Aiico at their current prices.
I will rather go for them than Aiico - simply because it will be easier for them to reach 8 from their 5 naira than aiico to reach 12 naira from its 8 naira.
I foresee 10naira being a resistant barrier for the insurance stocks.
Just my thoughts.
Sound postulation but don't forget that when all these ins stocks go on TS there will be buying pressure on those that are not and that's where i can see the prices being pushed northwards because everybody wants to have a piece of the insurance action! As long as you know when to Roll-Off or Cycle-OUT no 'aggro' |
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RoughCut (m)
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@ aktopgun / everybody,
I'm trying to understand this candlestick theory / prediction.
I'm going to use AG Leventis as an example. Considering TA;
RSI is about 90. Meaning it is above 70, therefore it is in the overbought zone and you should sell. It means its due for a correction downwards therefore if you hold the stock you SELL and if you don't wait for the correction and BUY
MACD is telling you that is Divergence is positive (0.1208), meaning it just hit a new low and you should buy more.
Also, the MACD rises above the signal line - giving a bullish signal. If MACD divergence is +ve it means the 12-day EMA is higher than the 25-day EMA which is BULLISH You normally use the 12 and 25-day EMA
When you look at the MFI line, it is right around the 75.77 mark (approx 80). This is telling you that it is almost in the overbought zone and you should sell. ]Not sure what you mean by this
Based on these 3 criteria, would you guys recommend AG leventis a buy, Hold or sell?
As for candles Aktop candle get plenty for house |
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aktopgun (m)
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@ aktopgun / everybody,
I'm trying to understand this candlestick theory / prediction.
I'm going to use AG Leventis as an example. Considering TA;
RSI is about 90. Meaning it is above 70, therefore it is in the overbought zone and you should sell.MACD is telling you that is Divergence is positive (0.1208), meaning it just hit a new low and you should buy more.
Also, the MACD rises above the signal line - giving a bullish signal.
When you look at the MFI line, it is right around the 75.77 mark (approx 80). This is telling you that it is almost in the overbought zone and you should sell.
Based on these 3 criteria, would you guys recommend AG leventis a buy, Hold or sell?
Me personally, i look at the candlestick pattern first and then other indicators to confirm. for AGLeventis, it is definitely on the upswing and gapped up again today, doing a 4-price doji in the process. in more developed markets this indecision would be suspect but in the nse i am used to seeing this kind of indecisive pattern going on for weeks becasue the stock is so thinly traded. next i look at volume. the volume has been higher in the last 2 days than in the last 6 months, something is abbout to happen. all the other indicators are in positive territory and most have been for a while/ i would get out if my target has been met or exceeded on this one. on the post i highlighted in your text, because an indicator is in the overbought area doesnt necessarily mean a sell becasue u can never tell how long it will be in there for. some spend only a day or two in there and others like AG leventis are there for weeks. hope this helps |
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