₦airaland Forum

fxuser:
Fidelity
- the MM is busy

Busy with what abeg, mopping or dumping? Make i know what to do oo as i don jump in at 2.77 last week.

fxuser:
Fidelity
- opened higher and on full bid

So what interpretation do we give to that. Can it hold or could it be fake bid?

LETS GO, THE GROWTH RECOVERY CONTINUES. NSE Oya naa...
The nation’s Gross Domestic Product (GDP) grew in Q4 2017 by 1.92% (year-on-year) in real terms, maintaining its positive growth since the emergence of the economy from recession in Q2 2017. This growth is compared to a contraction of –1.73% recorded in Q4 2016 and a growth of 1.40% recorded in Q 2017.

Quarter on quarter, real GDP growth was 4.29%.

The year 2017 recorded a real annual growth rate of 0.83% higher by 2.42% than –1.58% recorded in 2016.

In the quarter under review, aggregate GDP stood at N31,209,137.74million in nominal terms higher when compared to N29,169,058.99 million in Q4 2016, resulting in a Nominal GDP growth of 6.99%. This growth is lower relative to growth recorded in Q4 2016 at 12.49%. Nominally, 2017 recorded an annual growth rate of 12.05% higher by 4.25% compared to 2016 annual growth of 7.80%. The broad classification into the oil and non-oil sectors will give a clearer depiction of the Nigerian economy

rationalmind:
I'm almost certain (like a 100%) there will be a quick reversal in price following this sell off. When this will happen is what swing traders should watch out for.

Certainly, APR still traded 6.7 million unit as at close of biz despite being on full offer from about 20 minutes into opening of trading.

RabbiDoracle:
Why stress yourself over court cases of the company? Na wah o.

No stress, am just saying.

I suppose Eterna's court case with FG subsidy claims holds today?? As at now, not even 1 unit has been traded.

TLAX:
Wait for dividend and your dividend will attract witholding tax of 10% and you will be locked in for few more weeks/months because of price mark down.

Sell now and take a charge of 1.8% to 2% NSE/SEC/Broker fee and buyback after price mark down if you love the shares so much.

Easy decision.

Noted sir, like i said, final decision rests on me as the CEO of my portfolio. Thank you

currentprice:
why should you sell at this time with that your entry price? do u think price will retrace back to 3.84

if i enter at such price i will not sell till May/june or i sell toward the close of register to re enter later

Many thanks bro, i appreciate. As the CEO of my portfolio, final decision rests on me.

currentprice:
Afripud result is not bad though not above expectation

CP fairprice of this stock move up to above N8

cc veedovee

Please Currentprice, for someone with Break even price of 3.84, what do you advise cos am at a crossroad now, whether to sell now with my cap appreciation or wait for dividend.

Agbalowomeri:
America will know

Hian, Oga Agba allow Sir Intendy to talk naa, this is a serious matter. You neva know it could ve been taken down by some monkeys in NSE and we neva gonna see d report again.

Intendy:
was out but it was taken down

But what did u see in the report b4 it was taken down?

Afriprud holders still holding on tight to their units, they dont want to sell down a little to late comers.

Agbalowomeri:
APR results landed

Haba, bro pls where u see APR result biko. Been refreshing NSE page and their is no report in sight yet. Abi u get password for the link??

leo1234:
Just sold 1/3 of my holdings @2.17 to position in access and Afriprud.
The search for bottom continues.

Afriprud are u certain its not late to jump into Afriprud right now? How far upwards do u think it can still go upon release of result?

rebekah2011:
They are hiding results. Signs not good ooo

Board meeting held today, audited FY '17 report and board's resolution to be uploaded on NSE website tomorrow or next.

nio68:
I was one of them even a bus with knocked engine shouldn't move that slow

i love your sincerity though, but you know that slow and steady wins the race. If it moves up swiftly and rapidly, believe me, profit takers will come in and may crash the price to a bottomless pit where you may panic and be tempted to sell at a very lower price.

Afriprud after shaking out the faint hearted and the impatient ones, breaks out above 5 naira on big volumes. This one must vomit something juicy in a couple of days.

nio68:
My trap only caught some tashere units at 10.70 .. at all at all na hin bad

Congrats bro, you sure know how to play the game, fastest fingers first always does it.

Apparently, those that bought FBNH today at N10.60K are the winners. Those waiting at 3.6 should continue...

IchimokuPilot:
This game is crazy.
I wish I had sold all my Fcmb, FBNH, Fidelity and Diamond first week of this month.
See FBNH that overtook Access bank doing boy boy.
Even UBA is afraid of meeting Access, why?
They kept saying it will reach five 5.naira.

I am not buying again till all some results are out.

This game hard small.
I thought it was a game of profit everyday..

Lols bro easy oo. Its not a game for the faint hearted. Resilience is required in this game with well articulated strategy.

Agbalowomeri:
They will pay 60kobo
Not a recommendation though

Well, this is NSE and anything can happen.

RabbiDoracle:
This company always give yield that are far more than 10%. Good for dividend hunters. Wonderful company.

60% of EPS is more than generous and 60% of 2017 Q3 EPS is already 39kobo. If Q4 turns out good, then between 45 and 50 kobo dividend will be certain translating to dividend yield of 10%.

currentprice:
Bell Ringing.....

_{^{it time to go home and dress up for the valentine lauch, don't forget mkt open by 10.30 tomorrow}}

Nice one boss, not a bad market today. Tomorrow is another day by His Grace.

Like a thief in the night, the bull seem to be showing up face gradually. Be vigilant always for you know not the hour the thief will appear.

Investnow2017:
What has Elumelu got to do with Afriprud Just asking. I thought Ucap

Elumelu is a major shareholder in both ucap and afriprud

Afriprud gradually heading to the sky, holders should just sit tight, I feel Elumelu will announce mouth watering package this Feb. Fingers crossed.

rationalmind:
And a little bit of luck, timing your entry at the lowest price just before a rally is extremely difficult

Exactly, LUCK plays a major role cos trying to get the bottom price is always difficult, yesterday i had money in my account and was just starung at access bank and uba while at their lows but fear didnt allow me enter access at 11.15. I mustered little courage to buy a bit of UBA and still left some cash idle.

Access bank... about to explode. i just hope they don't want to pump and dump while UBA still rigmaroles.

Cadillac15:
Access bank release result oooooooooooooooooooooooooooooooo

One month more to go, take some cold and chilled drink and relax.

Afriprud looks set to break out of 5 naira tomorrow, sellers may however resist this move and send the stock on full offer. New entrants should beware while existing holders should just relax and avoid panic selling.

UBA bid size nicely dressed in 5 basis point ascending order 12.30, 12.35, 12.40, 12.45, 12.50, 12.55,12.60, 12.65, 12.70, 12.75, 12.80. Market makers in action.

dipoolowoo:
Africa Prudential Unveils Personal Registrar Code to Check Dividend, Others
https://www.businesspost.ng/2018/02/01/africa-prudential-unveils-personal-registrar-code-check-dividend-others/

How will this affect their top line and bottom line going forward?