For those willing to take a short trade,livestock is presently good.
entry price to be BTW #0.59k - #0.63k

DD required thanks.

Intendy:
For those willing to take a short trade,livestock is presently good.
entry price to be BTW #0.59k - #0.63k

DD required thanks.

If I may ask, why do you think livestock is good?

Intendy:
For those willing to take a short trade,livestock is presently good.
entry price to be BTW #0.59k - #0.63k

DD required thanks.

If it is not already late to get at that price for the short rally

The result says so in my opinion

pluto09:


If I may ask, why do you think livestock is good?

maishai:
House,how low can guiness go....this is another great buy looming on my medium horizon...the company is working hard to get out of their wahal

.

That's a difficult question oh,

Brewery sector has been facing serious challenges for a while now.

1.Consumers not drinking as much again, the premium​ brands are too expensive, NB was lucky to acquire value brands like Goldberg and Becks ones to matain sales.

Guiness no get value brands like that.

2. They almost got it right my going into liquor distribution cause again drinking beer was running out to f fashion.

Youngsters drink black label, JD Hennessy more now, fx issues has made does one too expensive to drink like water , since we don't produce it in the country.

3, cost of distribution is a major concern to breweries and bottling companies in general.

4. Guiness are changing MD like Real Madrid, none was able to fix it.

So, just dey watch that sector from a far fundamentally. Maybe technically. @fxuser and @Bullbearmkt can commen

K

Intendy:
For those willing to take a short trade,livestock is presently good.
entry price to be BTW #0.59k - #0.63k

DD required thanks.

The size of the meat be the koko.e no reach rabbit size.Fidelity meat go big pass am.

See Wayo... (Why declare cash in the first place when the liquidity is not there.)...Nigerian Breweries has disappointed dividend based investors

https://trwstockbrokers./2017/04/26/nb-to-seek-shareholders-approval-for-conversion-of-cash-dividend-to-scrip-issue/

Guiness is something else ooh...Is there something we're not seeying..it on full BID.

Tritri:
Guiness is something else ooh...Is there something we're not seeying..it on full BID.

Tritri,Gud am sir.how was your night.Remember we have a context today.......You will not see fcmb to buy @1.03.True or false?

locodemy:


Tritri,Gud am sir.how was your night.Remember we have a context today.......You will not see fcmb to buy @1.03.True or false?

If i remove my bid from there..U will have less dan half of what u saw.And yes i will buy at 0.99 today.

locodemy:


Tritri.If you see fcmb buy @1.03 tomorrow......know i am no longer the loco you know here.

Please which Loco are you?

locodemy:


Tritri,Gud am sir.how was your night.Remember we have a context today.......You will not see fcmb to buy @1.03.True or false?

When 2M units of FCMB has already traded at N1.02..................

Tritri:



If i remove my bid from there..U will have less dan half of what u saw.And yes i will buy at 0.99 today.

Ok.You call your God let me call mine too.we will end the context by 2.30pm.

Tritri:



If i remove my bid from there..U will have less dan half of what u saw.And yes i will buy at 0.99 today.

scary....

Please BSITL which other good charting site apart from investing.com

mendes911:


When 2M units of FCMB has already traded at N1.02..................

Vitafoam finally has N2 in the rear view

What is happening? Market no respond to GTB wonderful result in a very positive way.

Mpeace:
What is happening? Market no respond to GTB wonderful result in a very positive way.

Mr, Market no send anybody.

Maybe its too early ,

someone just dropped 80m units of access , e no send , just dumped it, or have they seen thier Q1?
This is real life action, now the same stock is offerd at N6.60. .

Who no go , no know,

k

[quote author=kentoto post=55964020] someone just dropped 80m units of access , e no send , just dumped it, or have they seen thier Q1?
This is real life action, now the same stock is offerd at N6.60. .

Who no go , no know,


I no understand market this morning , my eyes just turning

Mpeace:
What is happening? Market no respond to GTB wonderful result in a very positive way.

Until the men in black returns don't expect a major bull ride on the stock because of result and market generally...They are the ones whose investment style is driven by result unlike our local traders/MM that enjoys manipulation, manipulation and manipulation...Imaging a loss company like Guiness being on bid whilst good companies like Total, Fidelity, Afripud have their prices flattened, struggling or decreasing.

@Tritri

Is Zenith ready for an upswing? Can we that are in the bus start rejoicing? Looking good so far to me

Oga mi, which response you want for a stock already reading 27naira on its meter . No be some people join for KM23-24, make them discharge their loot before the ride continues

Mpeace:
What is happening? Market no respond to GTB wonderful result in a very positive way.

Trying to understand the market is like trying to predict Donald Trump ... waiting for MIB to look my way (FO, FBNH)

Intendy:
http://nse.com.ng/Financial_NewsDocs/17754_ETI_-_Q1_MARCH_2017_FINANCIAL_STATEMENTS_APRIL_2017.pdf

First to loose in the banks.

Coolcash1:


Until the men in black returns don't expect a major bull ride on the stock because of result and market generally...They are the ones whose investment style is driven by result unlike our local traders/MM that enjoys manipulation, manipulation and manipulation...Imaging a loss company like Guiness being on bid whilst good companies like Total, Fidelity, Afripud have their prices flattened, struggling or decreasing.

Gbam! Until the foreign investors return, The market will trade sideways. The sad thing is that they are still exiting.....GTB is a recent evidence.


We are providing liquidity for them to exit. If we withdraw our bids, all banks will come down to their sweet spots, and......

austinkenneth:


Gbam! Until the foreign investors return, The market will trade sideways. The sad thing is that they are still exiting.....GTB is a recent evidence.


We are providing liquidity for them to exit. If we withdraw our bids, all banks will come down to their sweet spots, and......

Will removing your bids stop from from leaving? who will hurt more ? you or them,

PFI are always on the move, capitalist to the bone, our frail economy needs them

k

kentoto:


Will removing your bids stop from from leaving? who will hurt more ? you or them,

PFI are always on the move, capitalist to the bone, our frail economy needs them

k

If you withdraw ur bids or bid at lower prices, they will forced to leave at lower prices and we'll mop up. Trust me, they'll all come back in abt a year's time.