|
s_scofield
|
Hi All. A friend recommended this site as the problem solver for someone like me who is confused with my stock investments and decision.
Quite new to this market and I have already been burnt by some wrong buys.
Here is my plead ladies n gentlemen. Can someone suggest how I can reorganise my JJC starter portfolio to survive this bearish season.
Got the following: Please help!!! Folks , how can I reposition myself ? Thanks n God bless
StockCode Units Unit Price Total Current Price New Total GAIN Entry Date % Gain
LASACO 70,000 5.55 397,940.56 5.00 350,000.00 -47,940.56 03-Mar-08 -12.05%
EQUITYASUR 70,000 5.4 387,185.40 4.06 284,200.00 -102,985.40 20-Feb-08 -26.60%
ETERNAOIL 20,000 33.07 677,472.02 49.40 988,000.00 310,527.98 28-Feb-08 45.84%
UNIVINSURE 70,000 3.5 250,953.50 3.31 231,700.00 -19,253.50 07-Mar-08 -7.67%
ABCTRANS 40,000 7.12 291,720.64 6.34 253,600.00 -38,120.64 12-Mar-08 -13.07%
TRANSCORP 50,000 3.78 193,592.70 4.55 227,500.00 33,907.30 12-Mar-08 17.51%
|
|
|
|
|
|
SavvyLanre
|
interesting. but u see, its not always a good idea to draw trendlines that touch the price when they(the prices that touch the trendline) are too close together.
u be winch sha because i was doing the same thing on the NEM last night but had to draw 3 trendlines to get acceptable touches on the line. that resistance is a worry in this season but short term CICO (ie ultra-short CICO)may have to be the adopted strategy.
if u draw a trendline from a more recent price bottom then the convergence becomes more obvious
i concur to that as well. Pumice, when i saw your line, that was my first disagreement, if we are using trend, then NEM don go into sell zone. |
|
|
|
|
|
SavvyLanre
|
omo savvy, u too much.
nice pictorial as well. where did u get this picture abeg, make i check it out. the trendline bounce is yet another confirmation. thanks
This one na Aptistock o, i told you b4, i get more control when i dey use am pass Nigerian Securities, so i only use Nigsec for quick checks, |
|
|
|
|
|
SavvyLanre
|
@Savvy, you still dey regret selling your UBN? Why now?  I just wan take style collect school fees from you  However, i still dey offload - na gradual offload i wan do, no rushing, I don start with 40%, next na 30%, 20% then 10%, at the right windows. |
|
|
|
|
|
kayodus (m)
|
@scofield
it pays if u read previous pages u know (it's difficult i know).but then u get to understand more if u do so that u can make decisions on your own.
as for your insurance stocks if u're not in a rush, i advise u hold until they pick up.
(some) Insurance stocks r undergoing a recession right now!@?#*
|
|
|
|
|
|
FatherOF2
|
@fof2
good morning sir, happy easter, i hope u have seen my campaign to have u back here full time, is this to say u are back with us fully? please say yes!
Goodmorning sir, Happy Easter to you too. Reading is sweeter. |
|
|
|
|
|
mecatchcha
|
@mecatcha dunlop. As u know caveats apply Oga Ak, Thanks so much for the light, God bless. I hope make the green light show on Tuesday. I use to love public holidays until I started buying stocks on NSE.  Just see as public holiday go keep my stocks stagnant untill Tuesday. |
|
|
|
|
|
VIPICO (m)
|
Dry bones, sorry MBenefit, will surely rise again sooner than we think. As for Lasaco am not even budging. Topgun abi I lie?
|
|
|
|
|
|
s_scofield
|
Kayodus -
Thanks for the advice. Really appreciated.
|
|
|
|
|
|
SavvyLanre
|
Goodmorning sir, Happy Easter to you too.
Reading is sweeter.
Fof2&Moi i no gree that one at all, at all, at all, at all, at all, at all, at all, at all, at all, at all, at all, at all, at all, at all, at all, at all o, Make you come back o, Scofield - prison break (Wey risky, i no tell you say i fit do jail break yesterday with those condemned criminal ) Scofield - i dey come, make i help you with my own small knowledge, But, i beg go back a bit maybe from Pg50 to read o, |
|
|
|
|
|
kayodus (m)
|
anytime scofield! how's Lincoln |
|
|
|
|
|
SavvyLanre
|
@Scofield
Na true, abeg hail Lincoln for me o,
Ok, rule numero uno, do not do any panic sale!!!
Numero 2 - In a bear run, do not panic sale either - except you want to move cover to fundal stocks
And, my comments here - are with caveat emptor. (my 2 cents advice)
The following is my rating on the stocks you hold, without looking at the price you bought any of them, because i might be biased, so just looking from a technofundalist point of view on Short (1-3mths); midterm (6-12mths); Long term (1yr and above)
Ratings on a scale of 1-5 (1 - very poor and 5 - very good)
Stock Short Term Mid Term Long Term
Equity Assurance 1 3 5
Lasaco 2 3 5
Eternaoil 2 3 4 (No Fundals for this rating, based on speculation in sector and technicals)
UnivIns 1 2 3 (No correct fundals for this one either, but Wanaj0 don warn us tire)
Abctrans 2 3 5
Transcorp 3 3 4 (This is purely based on Technicals, but i no get liver to touch that stock)
Disclosure - i hold Lasaco and Eternaoil.
The decision is left to you, and if anyone else wan add their own caveat emptorssssssss,
|
|
|
|
|
|
bibiking1
|
can any one refer me to a good stockbroker in Warri?
I have not been able to get myself active all these while, but i hope to resume in the coming week
my email address is sylvester.awenlimobor at ebuynigeria dot com
thanks
I have noticed that the some of you are waiting for the bulls! from my little overall market analysis, i think the market will remain bearish up till the middle of the yearat the least.
The market currently sits in an insanely overbought region and the drop is expected to continue for a while
|
|
|
|
|
|
pumice (m)
|
absolutely! one indicator alone doesn't tell the full story. recall, i mentioned the chaikin money flow (CMF) gradient some time ago.When I refer to Chaikin, I mean CMF and its gradient. I use gradient to confirm the CMF.
Uh oh. Now I have to go and read up CMF. Does learning ever stop?  |
|
|
|
|
|
carlitos
|
can any one refer me to a good stockbroker in Warri?
I have not been able to get myself active all these while, but i hope to resume in the coming week
my email address is sylvester.awenlimobor at ebuynigeria dot com
thanks
I have noticed that the some of you are waiting for the bulls! from my little overall market analysis, i think the market will remain bearish up till the middle of the yearat the least.
The market currently sits in an insanely overbought region and the drop is expected to continue for a while
|
|
|
|
|
|
easimoni (m)
|
can any one refer me to a good stockbroker in Warri?
I have not been able to get myself active all these while, but i hope to resume in the coming week
my email address is sylvester.awenlimobor at ebuynigeria dot com
thanks
I have noticed that the some of you are waiting for the bulls! from my little overall market analysis, i think the market will remain bearish up till the middle of the yearat the least.
The market currently sits in an insanely overbought region and the drop is expected to continue for a while
Dem never teach me that one yet O!  No be say I no believe you but who is predicting the drop to continue and why? Will it affect the entire market and will the drop be attenuated by the upcoming earnings reporting season? Anyway, I don talk my own; a bounce back by Thursday at the latest and sustained bullish run in April if earnings are above expectation |
|
|
|
|
|
aktopgun (m)
|
absolutely! one indicator alone doesn't tell the full story. recall, i mentioned the chaikin money flow (CMF) gradient some time ago.When I refer to Chaikin, I mean CMF and its gradient. I use gradient to confirm the CMF. On the surface macd and rsi don't appear to look at the money flow. But implicitly they do. You would agree that when money flows into a stock, it price rises and vice-versa. RSI and MACD focus on the price rises/falls and thus follow the money. The other problem with MACD and RSI vis-a-viz NSE is the +/-5% daly cap. It distorts the over-all picture. This introduces non-linearity. In other economies where this cap doesn't exist, the MACD and RSI can be used as a pair in helping to decide market entry/exit. E be like say I don talk too much  Happy investing TALK TOO MUCH KE! I DEY GBADUN U GAAN  . i like the fact that no be only me don think about the effect of that 5% NSE cap but it has a good use as well in that it gives investors time to get out of a particular stock that may have reported bad results or one that is headed south quickly cuz of bad news around it. i have thought about it in the case of the candles as well but because it is inter-day differences that the cap is about it doesnt affect intra-day levels of prices, hence the reason for net bid and net offer positions on a daily basis and therefore doesnt affect the candles much. in english, , what i mean is say a stock closed at N20 and there's someone willing to buy it at N100 then it will rise to N21 the next day and be a green marubozu but there will be unfilled bids which in the following days will cause the price to rise also, case in point, if it were in a market where there were no caps then the stock price of companies like afroil and capoil would have crashed megally on the back of that news from SEC. but cuz of the cap they can only go south by 5% in any one day. hence net offer positions and 4 price doji or red marubozu forming will like to gist more about the effect of the cap on rsi and macd later with u if u dont mind. gotta run now thanks |
|
|
|
|
|
gonyix
|
@scofield
to concur with what the other peeps have told you, i think u should go back and read as many pages as possible, I know it seems tedious but it will benefit you in the long run. If i were in your shoes i would not sale anything in ths porfolio in a hurry at this time. but if it isa must that you sale, i will pair down the ins. now and look for some sectors with stocks that have strong fundamentals(fbn uba ) for this bear period at least that way if you don't make alot of money, u will be consoled by the fact that u had capital preservation.
Cavaet emptor.
by the way i own fbn, uba and erterna oil.
|
|
|
|
|
|
gonyix
|
NSE denies knowledge of Afroil, Capital Oil suspension
By Obinna Chima
Published: Friday, 21 Mar 2008
The Nigerian Stock Exchange has said it is not aware of the indefinite suspension placed on trading in the shares of Afroil Plc and Capital Oil Plc by the Securities and Exchange Commission.
The Principal Manager, Corporate Affairs, NSE, Mr. Shola Oni, said on Thursday that the NSE was yet to receive any information from SEC on the suspension of the shares of the two oil companies.
Oni said, “We read the story on the pages of the newspapers just like every other person and I think that will not be the best for the system. The relationship between the stock exchange and SEC has always been cordial, but there should always be due process.”
SEC had, on Wednesday, announced an indefinite suspension of trading in the shares of Afroil and Capital Oil on the NSE. The commission said the decision was a fallout of an investigation into the activities of six companies, announced on February 15, 2008.
According to the commission, the two companies were involved in insider dealings.
The commission had declared that the basis for the continued trading and rise in the prices of the shares on the exchange, no longer existed, adding that the decision was to protect stock market investors.
Prior to the commencement of the investigation, the Director-General, NSE, Prof. Ndi Okereke-Onyiuke, had flayed SEC for not informing the Exchange about the activity.
Our correspondent gathered that, despite the suspension, there was still trading in the shares of the companies.
Some stock brokers said that the shares of the companies were, largely, in offer on Thursday as investors were apprehensive over the announcement.
The stock brokers, who spoke on the condition of anonymity, berated SEC for not informing the NSE before carrying out any activity on the Exchange.
According to them, the perceived unhealthy relationship between both organisations can create tension in the capital market.
“We all agree that SEC is the regulator of the capital market, but there should be due process in everything. The commission has to understand that the NSE, to an extent, is also a regulatory body.
Without the stock exchange, I don’t think there will be anything for SEC to regulate,” a stockbroker said.
At the end of trading on Thursday, Afroil, which sold at N24.13, traded 4,424,117million shares, valued at N106.754m in 342 deals.
For capital oil, 3.414 million shares worth N55.006m were traded in 144 transactions. It sold at N16.11
Is it just me or are the peeps at NSE and those at SEC on a power tussle I guess this na naija |
|
|
|
|
|
cj2008
|
4RM MY OBSERVATION,GREED TEND 2 BE D GREATEST UNDOING KILLIN INVESTORS.
LAST COUPLE OF WEEKS HV INDEED KILLED A WHOLE LOT OF PEOPLE.
|
|
|
|
|
|
cj2008
|
LESSON NUMBER 1
WHEN your STOCK IS GATHERING GAINS EVRYDAY.JST KNW DAT IS WILL STOP SOMEDAY.
|
|
|
|
|
|
blueband (m)
|
Is it just me or are the peeps at NSE and those at SEC on a power tussle
I guess this na naija
Like I said earlier on,a policeman does not need to inform a suspected thief's father that he is investigating him.In this situation,NSE should have at least suspended the shares of the affected companies and then clarify issues with SEC.We are seeing a trend where SEC raises issues against a company and the company shares start losing value,yet the NSE pretends SEC does not exist.I guess if this was Transcorp their shares would have been placed on TS. |
|
|
|
|
|
pumice (m)
|
@pumice,
you, topgun and roughcut are doing a great job with your chart analysis. i do learn a lot from you guys.
learning, for me, is a life-long process.
Amen to that. Cheers mate. |
|
|
|
|
|
poke (m)
|
Father of 2
Happy easter
you are welcome
|
|
|
|
|
|
yodiyokun (f)
|
@All,
I beg you - please stop flaunting your portfolios and its value on here - Dont you guys know the meaning of a public forum - Haba!!!!.
|
|
|
|
|
|
blueband (m)
|
How many times have we seen people point at mansions and say they own them.Anybody can say whatever he wants to say his portofilio is.`And the end of the day na for him pocket.
|
|
|
|
|
|
|
|
nkc (m)
|
no mind dem ,dey wan make we shiver, , well it wont work, like a fellow on dis thread has said, afroil still is my number one friend, from last year march to dis year febuary, go figure AFROIL I HAIL U, though u r facing turbulent times  , pls help odas |
|
|
|
|
|
nkc (m)
|
@loma
nice one for a good friday, make i check my BP oh, abegi
|
|
|
|
|
|
|
|
|
|
faketan (m)
|
Please guys this my portfolio Firstbank 1000000 units Zenith 2000000 units GTB 10, 000000 units Oando 1 000 000 Chevron 1 000 000 ABC 20 000 000 Japaul 500 000 Transcorpse 50, 000 000 Afro oil 5 000 000 Wema 5 000 000 Wetin una wan make I do. Abeg Yodi and blueband make una help me manage am |
|
|
|
|
|
![Nairaland [Nigerian Forum] Home](http://www.nairaland.com/Themes/default/images/english/home.gif)
Author
port1.jpg (24.35 KB, 330x400 )
