For Oando Faithfuls...

Nigeria's 2017 DSDP program slowly taking shape, long-list in place: sources

https://www.platts.com/latest-news/oil/london/nigerias-2017-dsdp-program-slowly-taking-shape-26719422

INTENDY our usual tonic abeg,ok i forget the list is too long.

locodemy:
Thank God i was able to reinvest my fcmb dividend back @ fcmb at 0.93kobo when fxuser analysis tools were signalling 0.84kobo.I am now hoping for a brighter tomorrow...........looking at the kind of volume traded in fcmb today.

You reinvest it or you shared beer on the floor. Lol no mind me, na joke

DOLLARTEX:
INTENDY our usual tonic abeg,ok i forget the list is too long.

will try but service is down.

Oando is coming for right issue.

Intendy:


will try but service is down.

Oando is coming for right issue.

Oga intendy if na play make you stop am ooh. Right issue bawo?

@bullbearmkt @fxuser

pls what is the next resistance and support for NSE?

Intendy:


will try but service is down.

Oando is coming for right issue.

Intendy:


will try but service is down.

Oando is coming for right issue.

Oga i dont use to take your post for granted.Are you sure oando is coming for right issue?
I hope everyone here has learnt their lesson in oando........

locodemy:


Oga i dont use to take your post for granted.Are you sure oando is coming for right issue?
I hope everyone here has learnt their lesson in oando........

If truelly Oando is coming for RIGHT ISSUE..then dis is a scam..It was pumped to be dump on people . am still considering this as a Joke.

Intendy:


will try but service is down.

Oando is coming for right issue.

Chapter 7 or Chapter 11 is knocking

locodemy:


Oga i dont use to take your post for granted.Are you sure oando is coming for right issue?
I hope everyone here has learnt their lesson in oando........

I know sir.I post and say what I know,not what I feel.

robobo:
@bullbearmkt @fxuser

pls what is the next resistance and support for NSE?

...black arrow pointing to the next resistance level; previous support is a step below the arrow. What a BULL RUN!

The bell will ring soon let's hope not by Thursday.

Intendy:


will try but service is down.

Oando is coming for right issue.

Ope ooooooooooo

Intendy:


I know sir.I post and say what I know,not what I feel.

So my people........if you are in the boat,i will expect you to do the needful now the bid is much.
If investors shun zenith bank shares because of right issue,i think oando will not be considered if the news eventually comes out.

locodemy:



So my people........if you are in the boat,i will expect you to do the needful now the bid is much.
If investors shun zenith bank shares because of right issue,i think oando will not be considered if the news eventually comes out.

Mr. Market will decide...

BullBearMkt:

...black arrow pointing to the next resistance level; previous support is a step before the arrow. What a BULL RUN!

correct me if am wrong pls d next resistance after the arrow shld be 27600

Coolcash1:


Mr. Market will decide...

Correct let hope for the best tomorrow

Intendy:


will try but service is down.

Oando is coming for right issue.

Oando for rights issue!no wonderrr!the real men in black have been busy these few days.osofia!

Hope the House exit oando asap. Ok

fxuser:


- This has happened technically & quietly with the introduction of NAFEX window (investors window) !
- Using the Nigeria ETF has a gauge, foreign holdings have adjusted to the Investor window price rather than d official price
- Technically , investors have been hit wt a devaluation from N306/$ to N380/$ region
- also making Nigeria cheaper in dollar terms anyway . .

Agree. That's why the Nigeria ETF took a hit like you posted over the weekend.
A part of the devaluation bull is the 2.8% gain in all share index we saw last week and what we are seeing this week.

While we keep going for good companies, lets not forget that their fundamentals didn't suddenly change over the last two weeks.

Though I'm a fundamentalist, I've been leaning strongly on technicals last week and I think it'll be all about technicals for the fundamentally sound companies in the next 4 weeks at least.

That means we are going to be needing the services of our tecnical experts on this forum very much. Abeg fxuser, bullbear, intendy and others please weigh in for us.

Look at FCMB volumes trend today. Who bought 50million in one single transaction?
Remember what I told you guys about what I suspected in FCMB shaking out the lily livered and others buying up their shares at lower prices.

Imagine if someone like Loco had placed his shares on offer instead of adding (which is good to know), and then others also rushed to sell.

The price would have gone low to N0.8 - N0. 85 .


Only for those that sold to now be checking whether they are being followed from the village.

Intendy:


will try but service is down.

Oando is coming for right issue.

I knew that some manipulation are going on with movement of Oando price.

They should just let us enjoy our Loots, before they cart them away.

.

pls are you sure of this fbn?

yok:
[b]HUNGRY FOR SOME GAINS IN THE MARKET

Kudos to the people in this forum, the ideas are good and show of brotherly concern wonderful .I have just gone through a number of charts. To my surprise, despite the bullishness of the market, the money flow into so many equities is down. What this is telling us is that we should be ready to take some profits. I reviewed charts like Fidelity, UBA, Afriprud and FBN among others.

After my review, I find better risk to reward in buying FBNH. The daily charts disappointed me this time around, I had to go with the weekly charts. FBNH price is at such a level that the bullish divergence to support an upward move is so much there, price is about to cross the 50day EMA (20 day EMA already crossed). It seems this elephant will move this time around. I can't remember the last time I ever felt this way about First Bank. For this trade my stop loss as usual will be 10% of the current price, looking at the chart I believe this trade fails if the price goes below NGN3.17. For my gain, I look for about 30% from the entry price.

I wish all save investing. If you want me to comment on a particular equity, no problem I am available. Just tag me on this forum.

Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently.

Intendy:


will try but service is down.

Oando is coming for right issue.

Sir this is bad service or old news (error) . Not that am trying to,to,to,totototo....... but if Oando will go for right issue not this month/year they will let it go up like #20,#50 or #100 befor coming for right issue . And we dump it on tritri&co .

ihedioramma:
Sir this is bad service or old news (error) . not this am trying to,to,to,totototo....... but if Oando will for right issue not this month/year they will let it to goup like #20,#50 or #100 befor coming for right issue . And we dump it on tritri&co .

Nice one dump it on me..If i may ask ..na u dump FCMB on me last 2 weeks? if yes can u please dump more?

Tritri:


Nice one dump it on me..If i may ask ..na u dump FCMB on me last 2 weeks? if yes can u please dump more?

Not me o . ONE LOVE .

Tritri:


Nice one dump it on me..If i may ask ..na u dump FCMB on me last 2 weeks? if yes can u please dump more?

Fcmb is still going back to 85kobo.Dont mind this artificial scarcity they want to create.Tritri,can you supply some units tomorrow @below #1.00 so i can tell my broker to do the cross deal.

locodemy:


Fcmb is still going back to 85kobo.Dont mind this artificial scarcity they want to create.Tritri,can you supply some units tomorrow @below #1.00 so i can tell my broker to do the cross deal.

I hope and i pray ooh it get to 0.85 ...Becos i waited and still waiting na so i miss the 0.93 bus loco share me some love na..even if na 1M own at 93...make i feel u small.

austinkenneth:

50m in one single transaction. Big volumes therefater. Quickly jumped in at 0.98 when I saw that. I'm now in this bus.

Here comes the DEVALUATION BULL.

So you bought fcmb at 0.98kobo.Hmn you get liver o.something the technicals dey show sign of 0.85kobo.Bros you don do big mistake for this one.