|
blueband (m)
|
My day today
Went to work by bus today.On my way back this night bus was filled with Nigerians and you culd hear them(sorry,us) shouting "sho" ,"I bow for you o", then one shouts IGZAKTLI, (actually she meant to say "exactly"), it just reminded me of Lagos.That is Thamesmead for you.Welcome to Nigeria.On getting home I had been summoned to appear before the magistrates for not paying my council tax on time.In the interim them don fine me extra 100 pounds.And to make matters worse on opening Nairaland,I had to read through 5 pages to get here!!!!!!
Wendy,the guy you interviewed is right.You only give references when you have been offered the job.How will it look if your employer keeps getting requests for references for you when you are still working there?Sooner than later you will be sacked, we are offered options to send referees after we have been offered the job.Be kind on the guy,biko.
This 100 pounds fine still dey vex me I swear!
|
|
|
|
|
|
Mr. Risky
|
Hehehe  Are you sure you're not just venting because your broker is a show spoiler when it comes to cico?  Talk true just kiddingAnyway, like you said, all of these methods have their advantages and disadvantages. WindyWendy, maybe I did not mention it. MBC Securities works fine for me now, there I got my DELIVERANCE. I give my mandate 8 to 8.45 in the morning and I get my Trade alert around 4pm or 5 same day - Unless the stock is on heavy bid. I am only selling off my holdings with those other aboki stock BREAKERS If I de do CICO with those ones, una for don see me for CNN or SKYNEWS  |
|
|
|
|
|
Mr. Risky
|
@ All
Abegi wetin dey happen to Fidelity? The stupid stocks is about 40% of my portfolio and its just taking one leg forward 4 legs backword.
Abi make I just sell the whole thing (about 8% loss today' price) and look for better stock?
Remember what Fidelity said. "WE ARE FIDELITY, WE KEEP OUR WORDS". But make sure you remember the "words" they are keeping. Just be patient like two years, there is hope  |
|
|
|
|
|
pumping777 (m)
|
What would you then say of the petroleum sector that seems to have outperformed the banks then?
There has been a serious catalyst which has driven the price of the petroleum stocks. Nothing similar has happened in banking. If not for Dangote takeover of AP and now the diversification into exploration for AandO, these stocks will just be another bunch of cyclic stocks. Stocks with high nominal price can move but it needs more than interim results. If you look at the petroleum sector in any case, you can see that they are all selling at a premium now and it has nothing to do with earnings which has not changed in any way so far. One other thing to bear in mind is that petroleum stocks and stocks like Nestle don't have many billions of shares outstanding. If there is any strong positive news, it does not take much for a bull run. Most of the banks have never had so many outstanding shares. Generally, the supply is still there. |
|
|
|
|
|
nazzyon (m)
|
e-certificate
When is the introduction?
How is it going to be sent to me when I don't have an online account with CSCS?
Where do I register for the online account?
|
|
|
|
|
|
omo_boy (m)
|
@wanaj0,
Thanks for the info. I did not give them any instruction to sell my FCMB shares O.I have not received any contract note for the execution of the orders from Afrinvest.I don't know how many Dunlop shares they bought, how much they bought it for or when they bought it and they couldnt even bother informing me about it. I will be migrating to Fidelity Union/ Citi Invest Cap soon, not used to being treated like that. Mike Murdock did say that its better to "go to where you are celebrated instead of being tolerated", and I was even thinking of sending that Susan a designer perfume from Harrods
@LondonCool Have you checked your junk box to see if any of their replies was sent there?. I also use AFRINVEST and all their mails have been sent to my junk mailbox until I added each of the broker/trader to my address book, |
|
|
|
|
|
loma (m)
|
Can someone explain the phenomenal rise of Berger Paints from about N6 last year ,and recently from N11. Should I denounce or reject the financial support from this stock?  |
|
|
|
|
|
pumping777 (m)
|
@ All
Abegi wetin dey happen to Fidelity? The stupid stocks is about 40% of my portfolio and its just taking one leg forward 4 legs backword.
Abi make I just sell the whole thing (about 8% loss today' price) and look for better stock?
Just my take on this. Fidelity has over 16B shares listed already and there are sellers around still trying to lock profit from that sudden rise before the PO. Anytime the share price attempts to move north, profit takers will descend and depress the price. Additional shares are still to be listed for the PO. When there are so many potential sellers, it is just hard for prices to move consistently in one direction. This has been my observation so far. I could be wrong. As another example, look at Oceanic. One might say, what about Access? Well, Access has under 7B shares listed that is available for sale right now. Those that did the PO cannot sell yet. Once this additional 9B or more shares are listed, it could be a different story. If you are looking for gains in the short run, I won't advice holding on to Fidelity. Just my own take. Caveat Emptor. |
|
|
|
|
|
texas543 (m)
|
Can someone explain the phenomenal rise of Berger Paints from about N6 last year ,and recently from N11. Should I denounce or reject the financial support from this stock? We need to know whether you are comfortable or need another pillow with them |
|
|
|
|
|
crazyT (m)
|
Remember what Fidelity said. "WE ARE FIDELITY, WE KEEP OUR WORDS". But make sure you remember the "words" they are keeping. Just be patient like two years, there is hope Thanks Risky, I really appreciate. Our words indeed!!! I'll give them 2 more weeks (for their words) and if by chance it gains about 10%, I'll discharge everything and move to 3 or 4 better stocks. The money I am having with them can buy a small Island somewhere some place |
|
|
|
|
|
blueband (m)
|
As for me I am adapting me strategies.I will be investing in companies with sound fundamentals that intend to float PO,s soon.THis year is the mother of ALL PO.The more shares one can acquire from rights issue will go along way .This is the new long term trading for me.I used to do 70 perent CICO,30 Percent long term.I think I will be changing the equation soon.
|
|
|
|
|
|
windywendy (f)
|
My day today
Went to work by bus today.On my way back this night bus was filled with Nigerians and you culd hear them(sorry,us) shouting "sho" ,"I bow for you o", then one shouts IGZAKTLI, (actually she meant to say "exactly"), it just reminded me of Lagos.That is Thamesmead for you.Welcome to Nigeria.On getting home I had been summoned to appear before the magistrates for not paying my council tax on time.In the interim them don fine me extra 100 pounds.And to make matters worse on opening Nairaland,I had to read through 5 pages to get here!!!!!!
Wendy,the guy you interviewed is right.You only give references when you have been offered the job.How will it look if your employer keeps getting requests for references for you when you are still working there?Sooner than later you will be sacked, we are offered options to send referees after we have been offered the job.Be kind on the guy,biko.
This 100 pounds fine still dey vex me I swear!
Abeg go pay the 100 pounds before the thing go double from not paying the tax on time o. No mind the guy we interviewed o jare. Even if he didn't want to give references for fear of his employer finding out that he was currently seeking alternative employment, there are better ways to put it na? The way he put it left a real sour taste in our mouths. Anyway that was his own undoing. |
|
|
|
|
|
ACL (f)
|
Blueband,
i think i will go with your stategy, i tried joining the CICO guru but my stockbroker is too slow for that.
what are the stocks that might be doing po soon, i want to go back to my long term. once i sell a stock it starts rising. i sold my 100kg of vitafoam because the dividen was rubbish at 10:30 see what it is noe in 1 week plus.
abeg give me stocks to buy now positioning for right issues
|
|
|
|
|
|
Mr. Risky
|
@ All
Abegi wetin dey happen to Fidelity? The stupid stocks is about 40% of my portfolio and its just taking one leg forward 4 legs backword.
Abi make I just sell the whole thing (about 8% loss today' price) and look for better stock?
Virtually all banking stocks are like that now. I was asking for volunteers recently to help us push DIAMOND BANK start. No volunteer was available as they were all occupied trying to push UBA, GTB, FCMB and indeed others. Sometimes the prices go just vex, sometimes then go cool down. They have all been DISBEHAVING  |
|
|
|
|
|
crazyT (m)
|
Just my take on this.
Fidelity has over 16B shares listed already and there are sellers around still trying to lock profit from that sudden rise before the PO. Anytime the share price attempts to move north, profit takers will descend and depress the price. Additional shares are still to be listed for the PO.
When there are so many potential sellers, it is just hard for prices to move consistently in one direction. This has been my observation so far. I could be wrong. As another example, look at Oceanic.
One might say, what about Access? Well, Access has under 7B shares listed that is available for sale right now. Those that did the PO cannot sell yet. Once this additional 9B or more shares are listed, it could be a different story.
If you are looking for gains in the short run, I won't advice holding on to Fidelity.
Just my own take. Caveat Emptor.
As usual, you are the man! You know your takes are seriously carried and pon-pon-stick now - as we used to say when we were kegites (ala Samstone4) |
|
|
|
|
|
ACL (f)
|
pumping make i sell my fidelity , na loss be that o. wetin i go come buy?  |
|
|
|
|
|
windywendy (f)
|
My broker was just telling me that there were unfilled bids of over 16m units of ABC at the close of trading today. I guess the stock still has some place to go. @Dollyp1cute, na to siddon relax be that o -- you're the only other person I know that has it.
Meanwhile a broking house came and sold some large chunks of Livestock feeds today. Despite that, the price didn't take a lot of dipping. Looks like peeps are mopping this one up o. I sold today anyway.
|
|
|
|
|
|
ACL (f)
|
windywendy,
i envy this your CICO moves o.
is it just your superman broker or what else do i need to make this loot on NSE.
am using 2 broker and i still don't get to do CICO
what else do i need to learn ?
|
|
|
|
|
|
blueband (m)
|
Sold some of my ABC to lock in profits.But i am still have some more.Just incase na PO this ABC people dey plan.Make I use wetin I get as rights.
|
|
|
|
|
|
Mr. Risky
|
Blueband,
i think i will go with your stategy, i tried joining the CICO guru but my stockbroker is too slow for that.
what are the stocks that might be doing po soon, i want to go back to my long term. once i sell a stock it starts rising. i sold my 100kg of vitafoam because the dividen was rubbish at 10:30 see what it is noe in 1 week plus.
abeg give me stocks to buy now positioning for right issues
Only few things are as painful as this, ACL. It has happened to me several times. It would look like they were watching me to sell. I sold my 150,000 units of Japaul at 7.93 post TS and the following two days, it was on BID till it rose to where it is now. Same thing with my C & I Leasing with the other yeye brokers, 100,000 units at N9.60 and it went on bid the following day and today it is N13 plus, and yet I have not received the money  Sold my STACO, 100,000 at N4.50 last month and before the end of that week it started gaining maximum points until it got to N6 plus. I had held it for 4 months without any substantial price movement. At a point I thought I was under a spell. I discharged my NGC at N26 last two weeks, what is the price today? N30 plus |
|
|
|
|
|
blueband (m)
|
windywendy,
i envy this your CICO moves o.
is it just your superman broker or what else do i need to make this loot on NSE.
am using 2 broker and i still don't get to do CICO
what else do i need to learn ?
Maybe you are chasing high speed eurostar like trains.Or maybe you are looking to buy stocks like Julius Berger and Arbico.Go for liquid stocks that are on net offer to test your brokers capability.If he cannot get that then move on. |
|
|
|
|
|
crazyT (m)
|
@ Wendy and Dollyp1cute I dey the ABC flight too o, when the flight first reach Abuja I almost commot o thinking say Abuja na north But now I no better na Brini kebbi I dey come down |
|
|
|
|
|
windywendy (f)
|
windywendy,
i envy this your CICO moves o.
is it just your superman broker or what else do i need to make this loot on NSE.
am using 2 broker and i still don't get to do CICO
what else do i need to learn ?
Ah yes o, the broker is a key part of that strategy. Otherwise you can forget it because from my experience picking cico stocks is easier than getting in and out at the right time. For instance, i gave a mandate for the purchase of poly product (yes, the infamous poly products) and vono to my other broker last sunday, to be executed on monday. Monday came and went, no show. Tuesday still no show. I cancelled thereafter. How the prices have gone since then is history. My plan was to get in and out by Friday due to the riskiness of the stocks. That "other" broker (i shall not name names ) of mine spoiled my show and I eventually had to move my funds elsewhere . They're however good at getting me available stocks, and their charges are cheaper. So I use them only for my medium to long term moves. |
|
|
|
|
|
windywendy (f)
|
Only few things are as painful as this, ACL. It has happened to me several times. It would look like they were watching me to sell. I sold my 150,000 units of Japaul at 7.93 post TS and the following two days, it was on BID till it rose to where it is now. Same thing with my C & I Leasing with the other yeye brokers, 100,000 units at N9.60 and it went on bid the following day and today it is N13 plus, and yet I have not received the money Sold my STACO, 100,000 at N4.50 last month and before the end of that week it started gaining maximum points until it got to N6 plus. I had held it for 4 months without any substantial price movement. At a point I thought I was under a spell. I discharged my NGC at N26 last two weeks, what is the price today? N30 plus Mr Risky, Mr Risky, Mr Risky! na how many times I call you so? If you keep looking back and regretting, you go soon find yourself on Aktopgun or blueband's couch doing the infamous counselling sessions o! If you sell a stock shortly before it starts rising, then buy another one na. You simply just learn your lesson and move on. That's how we get better and better at this game each day. |
|
|
|
|
|
blueband (m)
|
Only few things are as painful as this, ACL. It has happened to me several times. It would look like they were watching me to sell. I sold my 150,000 units of Japaul at 7.93 post TS and the following two days, it was on BID till it rose to where it is now. Same thing with my C & I Leasing with the other yeye brokers, 100,000 units at N9.60 and it went on bid the following day and today it is N13 plus, and yet I have not received the money Sold my STACO, 100,000 at N4.50 last month and before the end of that week it started gaining maximum points until it got to N6 plus. I had held it for 4 months without any substantial price movement. At a point I thought I was under a spell. I discharged my NGC at N26 last two weeks, what is the price today? N30 plus Mr.Risky No be only you sell your Japaul o.I sold my Japual at 8.05 and the day I sold it ,it started climbing.Till today I no dey carry eye see Japaul price.Staco was another annoying move.Sold my Staco that I bout for 2.90kobo for 3.87 kobo just last month.Thank God my broker could not get buyers for Equity and Lasaco when i asked her to sell them last month.Equity has been a major hit for me.This ABC fit be my last large scale CICO.Na calculated high risk taking now. I don join Deap Capital Train(They are raising 6billion soon),loaded quite a large amount of Sterling Bank(They should soon be coming off TS since them no deal with Ecobank again,even if them deal sef,na good deal.I ready wait).I talk am here on Monday say I go Link one company.Loaded Link Assurance at 4.80kobo.Dem sef dey plan do Public offer soon.I dey there.Union Homes-I dey there.IEI-Na them sabi.Na 2020 I go cash that one.Lasaco don fall small.Good for CICO.Me I no sabi use chart and graph.Na sentiments I sabi analyse. |
|
|
|
|
|
ACL (f)
|
windy
my broker got
UTC at 7:23
C&I 13:776
Niwicable 13:12
after have forgotten i gave the purchse order.
anyway am trying to shop for a new broker that can do CICO.
but i need help on when to get in & out.
Blueband
my broker said he couldnt get Deap capital
|
|
|
|
|
|
blueband (m)
|
Crazy T,I remember the day you wan come down from ABC for Abuja.You go try come down greet some of your relatives now wey the bus dey Kano before e reach Maiduguri o.I bin stop for katsina piss small but if you look behind your seat you go see me dey read nairaland.  |
|
|
|
|
|
windywendy (f)
|
windy
my broker got
UTC at 7:23
C&I 13:776
Niwicable 13:12
after have forgotten i gave the purchse order.
anyway am trying to shop for a new broker that can do CICO.
but i need help on when to get in & out.
What were your objectives for getting the stocks in the first place? UTC closed at 8.25 today, and from the looks of things will likely gain max points tomorrow. So hold on and sell at the end of this week if you don't like it. CI leasing, hold for a few more weeks, it would cross your cost price and you can sell if you don't like it. Niwicable I think is experience temporary turbulence that I believe won't last long. From the looks of things though, it will most likely fall tomorrow. But it will pick up again very strongly after profit takers finish their song and dance routine. The alternative is to sell the stocks at a loss, which is neither necessary nor optimal. |
|
|
|
|
|
blueband (m)
|
@ACL
This your broker na your enemy?
Some of these stocks na the price wey guys dey look to offload.Now I know why someone bought my Oasis at over 6 naira.Dependng on your plans-13 naira for NIWI does not look like a CICO to me.Na medium term be that.But who knows,the NSE is unpredictable.Hold on to these stocks for now.Make sure you always set buy limits,ALWAYS!
Deap Capital full ground.Ask your broker to get it for you tomorrow if you are keen on it.It is on offer right now.But it is a risky buy because they fit come list the extra 500 million shares them dash people recently and profit takers to come set in.Na long term for me and I am banking on their PO to use up my rights.It's a company I believe in though.
|
|
|
|
|
|
windywendy (f)
|
Deap Capital full ground.Ask your broker to get it for you tomorrow if you are keen on it.It is on offer right now.But it is a risky buy because they fit come list the extra 500 million shares them dash people recently and profit takers to come set in.Na long term for me and I am banking on their PO to use up my rights.It's a company I believe in though.
Them don list am already na. Abi where you bin dey since? |
|
|
|
|
|
ACL (f)
|
the other broker could not get adswitch since monday.
maybe i should wait on deap then, i don't want to do CICO again before i get heart attack. i never born o. make family no come share my long term stock as for will.
i think i have to log off to enable me do NIGHT VIGIL for these my 2 broker.
|
|
|
|
|
|
Bizl4Rizl (m)
|
Please can someone please put up the prospectus for DAAR or a link. . . will really appreciate it!
Is UNIC coming out for a PO soon? am thinking of going in. . .
|
|
|
|
|
|
![Nairaland [Nigerian Forum] Home](http://www.nairaland.com/Themes/default/images/english/home.gif)
Author
