mendes911:


Ok. Thanks.

Though I would prefer a breakout that had no huge cross deals involved. Not a stock am buying though, just watching in order to apply similar knowledge whenever the need arises.

u know d stock is not really liquid ! Avg vol under 3m units in Jan. U can sense its tightly held , so it retains its gains.
So cross deals are expected from time to time

fxuser:


kudos
not a fan of the vol , very strong breakout.

my concerns:
if ur holding more than a million units , full bids are ur friend
if ur holding say > N5m units , u hv a serz problem to contend with in future lollx

...Noted my Fxuser. ...thanks for ur many technical backups !!

But who am I to own above 5M unit? ...ah, na small person I be oo !!
...that kind of big volume is for the likes of sir €£$tritri, rabbiDoracle, Agba, Coolcash, Pa Emma, Druggedprof, mycurrentprice and u my oga to mention just a few.

fxuser:


u know d stock is not really liquid ! Avg vol under 3m units in Jan. U can sense its tightly held , so it retains its gains.
So cross deals are expected from time to time

Yes. I get that. Thanks.

This is the time to study charts, while we wait for stocks to form support level.

Dsugar is getting very interesting

onegentleguy:


...Noted my Fxuser. ...thanks for ur many technical backups !!

But who am I to own above 5M unit? ...ah, na small person I be oo !!
...that kind of big volume is for the likes of sir €£$tritri, rabbiDoracle, Agba, Coolcash, Druggedprof, mycurrentprice and u my oga to mention just a few.

loll

10 million dang Cement fall on you

seems supports are been tested up and dan , more to come before the week closes

a healthy support is d first step to another wave in future , when dat support fails , buyers get deflated, bears feel happy and buyers hv to regroup at a lower level

fxuser:

loll
10 million dang Cement fall on you

fxuser:


loll

10 million dang Cement fall on you

...Ok, from the over 138M units u own abi?
...chaii, I receive it my oga !! ...for I shall continue to remain very loyal to ur kingdom !!

fxuser:

seems supports are been tested up and dan , more to come before the week closes

a healthy support is d first step to another wave in future , when dat support fails , buyers get deflated, bears feel happy and buyers hv to regroup at a lower level

Zenith gradual progress - from 25 now fully supported at 31
@Fx, Please what's the support level for Flour Mills and Fidelity?

GTay:


Zenith gradual progress - from 25 now fully supported at 31
@Fx, Please what's the support level for Flour Mills and Fidelity?

we all want fidelity under N3 , even the market marker wants more below n3
lol

FlourMills
- umm lemme check

GTay:


Zenith gradual progress - from 25 now fully supported at 31
@Fx, Please what's the support level for Flour Mills and Fidelity?

FlourMill
- not a fan of this stock, pls not asper fundamental ohhh . fundamentals are nice , super sef . ask d FA gurus in d house
- lowest weekly closing price in d last 17wks ( ) is N29
- we can take that as support level
( imagine holding this for 17 weeks and ur hoovering btw N29 and barely N36, thats highly ... err moving on )

@ fxuser. Pls, what's the support for fbnh?

kenmaro:
@ fxuser. Pls, what's the support for fbnh?

a support level is a prev resistance , an area that was problematic , that most people here will argue about until price breaks it and they keep quiet.

for fbn .. where did most most argue about price.. ard dat N9 - N10 region.

fxuser:


we all want fidelity under N3 , even the market marker wants more below n3
lol

FlourMills
- umm lemme check

Seen, thanks
I use support to estimate and guage what my stop loss could/would be

#myopinion

GTay:


Seen, thanks
I use support to estimate and guage what my stop loss could/would be

#myopinion

if u look at the daily chart using the Chikou Span , we can argue that current price level (N12.50 )is d support while the weekly support is at N9

@ Fuxer whats the chart saying about Access bank, is it a buy, hold , sell?

jinnyz:
@ Fuxer whats the chart saying about Access bank, is it a buy, hold , sell?

A sell.

Oga fuxer pls respond!!!!

Cadillac15:



A sell.

jinnyz:
@ Fuxer whats the chart saying about Access bank, is it a buy, hold , sell?

patience
just 2 wks pull back ongoing
stop looking at ur account every sec

Cadillac15:



A sell.

my ogas hv spoken

mendes911:

Currentprice,

Can you kindly run analysis on ABCTransport? Their Q3 EPS is 20k which looks interesting but am looking for any red flag on their result.

Abeg help touch light am small.

i can see you eyeing the good one among them brov, i have been watching too. abc transport is the best among those affected 1k rules.

though i have 6k as Q3 EPS at my side
the company reduced their short time borrowing by half, it reflected on the financial cost from 422k to 162k, may be the reason for the positive profit as at Q3 2017

at currentprice of 38k , the stock is trading at discount but not bad idea for the hunters to see it more lower

red flag - negative retain earnings
- it look like the company is selling their asset for cash
- negative free cash
- no dividend expectation here

it is my own opinion and the price above only base on numbers excluding other factors

currentprice:


i can see you eyeing the good one among them brov, i have been watching too. abc transport is the best among those affected 1k rules.

though i have 6k as Q3 EPS at my side
the company reduced their short time borrowing by half, it reflected on the financial cost from 422k to 162k, may be the reason for their positive profit as at Q3 2017

at currentprice of 38k , the stock is trading at discount but not bad idea for the hunters to see it more lower

red flag - negative retain earnings
- it look like the company is selling their asset for cash
- negative free cash
- no dividend expectation here

it is my own opinion and the price above only base on numbers excluding other factors

Am confused on the EPS. Like I said earlier, I must be reading something upside down. Maybe this shayo that I took yesterday is yet to leave my system.

Are we looking at the same result? Find below.

Edited: I get it now. Have seen where I was mixing it up. Controlling interest.

currentprice:


i can see you eyeing the good one among them brov, i have been watching too. abc transport is the best among those affected 1k rules.

though i have 6k as Q3 EPS at my side
the company reduced their short time borrowing by half, it reflected on the financial cost from 422k to 162k, may be the reason for their positive profit as at Q3 2017

at currentprice of 38k , the stock is trading at discount but not bad idea for the hunters to see it more lower

red flag - negative retain earnings
- it look like the company is selling their asset for cash
- negative free cash
- no dividend expectation here

it is my own opinion and the price above only base on numbers excluding other factors

Their business is being threatened. People don't use luxury buses anymore.

They prefer to use mini buses that are smaller and faster. ABC entered into using the buses late. Hence that was why their patronage reduced, hence revenue.

Lots of individuals are opening up transport firms with Mimi buses. So this isn't an opportunity for them.

I think it is cargo section of the business that will up their revenue.

It is a no go area for me.

currentprice:


i can see you eyeing the good one among them brov, i have been watching too. abc transport is the best among those affected 1k rules.

though i have 6k as Q3 EPS at my side
the company reduced their short time borrowing by half, it reflected on the financial cost from 422k to 162k, may be the reason for the positive profit as at Q3 2017

at currentprice of 38k , the stock is trading at discount but not bad idea for the hunters to see it more lower

red flag - negative retain earnings
- it look like the company is selling their asset for cash
- negative free cash
- no dividend expectation here

it is my own opinion and the price above only base on numbers excluding other factors

Good to know, though i was actually thinking LASACO was the best among them. Kindly look at LASACO too pls.

mendes911:


Am confused on the EPS. Like I said earlier, I must be reading something upside down. Maybe this shayo that I took yesterday is yet to leave my system.

Are we looking at the same result? Find below.

Edited: I get it now. Have seen where I was mixing it up. Controlling interest.

yes brov they base eps on all the earnings but i only use the one that benefit shareholder like me

RabbiDoracle:


Their business is being threatened. People don't use luxury buses anymore.

They prefer to use mini buses that are smaller and faster. ABC entered into using the buses late. Hence that was why their patronage reduced, hence revenue.

Lots of individuals are opening up transport firms with Mimi buses. So this isn't an opportunity for them.

I think it is cargo section of the business that will up their revenue.

It is a no go area for me.

I will blame their performance on Nigerian roads. It's far safer travelling with those luxury buses but more difficult for them to navigate bad roads... Hence people tend to prefer the smaller buses..

currentprice:


yes brov they base eps on all the earnings but i only use the one affected shareholder like me

Currentprice & fxuser,

Please, whats your take on linkage assurance on the short term (say till June / July).

Not sure if the price movement is because of the January bull or their books.

Jejebaba:

Good to know, though i was actually thinking LASACO was the best among them. Kindly look at LASACO too pls.

may be but i no day look at insurance.

if i want to buy insurance i would have go for linkage

swilo:


Currentprice & fxuser,

Please, whats your take on linkage assurance on the short term (say till June / July).

Not sure if the price movement is because of the January bull or their books.

price movement? what do u mean brov

currentprice:


price movement? what do u mean brov

Price seems to be increasing for a stock that was at 50k for over a decade.

currentprice:


may be but i no day look at insurance.

if i want to buy insurance i would have go for linkage

Ok copy, thanks boss

swilo:


Price seems to be increasing for a stock that was at 50k for over a decade.

in my own opinion based on their numbers i expect the price to have move above N1 self if not because of illiquid nature.

i don't know why stock of 8b outstanding not liquid

i see future caverton if the numbers is true. but can we trust insurance numbers final year report will give more clue