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Stats: 2,756,984 members, 6,551,778 topics. Date: Friday, 22 October 2021 at 09:44 PM
|Re: Stock Market Tips For Nigerians by osazeet(m): 10:08am On Mar 21, 2008|
@ all, This bearish market will not be too long, it will always be bearish at every month ending especially this easter period, by the begining of april market will become bullish again when people must have received their salaries and monies coming from US and other countries. so every wise investor should not panic at the moment is only temporary. so this is the best time to accumulate your stocks like firstbank, Japaul oil, Oceanic bank, aiico insurance, transcorp, fcmb etc happy weekend
|Re: Stock Market Tips For Nigerians by aktopgun(m): 10:21am On Mar 21, 2008|
Mbenefit crying out for help!
|Re: Stock Market Tips For Nigerians by doncaster(m): 10:22am On Mar 21, 2008|
osazeet:Hmm is this not inside trading if that NDIDI is NDI of NSE.
|Re: Stock Market Tips For Nigerians by jideakin1: 10:52am On Mar 21, 2008|
Quote from Omoba3
If I can compress the file small enough I go giv u ebook for abela
Abeg give me the book, Armed robbers don snatch my laptop, all my recently acquired books gone.
Thank God say I backup my spreadsheet where all my NSE money dey, else I for follow dem fight oh!
|Re: Stock Market Tips For Nigerians by aktopgun(m): 10:59am On Mar 21, 2008|
NEM's candle suggests a rise coming in the days. a gravestone doji on thursday would suggest renewing interest in the stock. it has violated its trendline with thursday's close but looks to recover from that violation.
|Re: Stock Market Tips For Nigerians by Prince11(m): 11:03am On Mar 21, 2008|
@AKT, where is IEI and Bigtreat heading, candle-wise?
|Re: Stock Market Tips For Nigerians by aktopgun(m): 11:11am On Mar 21, 2008|
bigtreat-https://www.nairaland.com/nigeria/topic-31554.21984.html. here's what i thought of it to naijadr a couple of days ago
|Re: Stock Market Tips For Nigerians by buzzgonz(m): 11:14am On Mar 21, 2008|
aktopgun - men i read through your blog,nice articles can we have a chat in yahoo now! YIM = " lr4dollar "
|Re: Stock Market Tips For Nigerians by aktopgun(m): 11:25am On Mar 21, 2008|
IEI is also looking like it may continue for a few days more.
here u go my prince
|Re: Stock Market Tips For Nigerians by aktopgun(m): 11:29am On Mar 21, 2008|
I CANT FIND U ON YIM
|Re: Stock Market Tips For Nigerians by aktopgun(m): 11:38am On Mar 21, 2008|
I AM ON THAT PLANE TOO BUT AS I HAVE SAID BEFORE, I DO LONG HAUL FLIGHTS. I AM IN THE RED ON IT AS WELL BUT NOT PARTICULARLY WORRIED. WILL WAIT OF RA BULL RUN TO RECONSIDER MY POSITION ON IT (ie i have not shorted my position based on this bear attack)
btw, are u an investment banker or anything along those lines by any chance?
|Re: Stock Market Tips For Nigerians by aktopgun(m): 11:48am On Mar 21, 2008|
fair enough. so did u notice the bottom we were talking about hte other day. i think it was dunlop wasnt it? cant remember.
|Re: Stock Market Tips For Nigerians by buzzgonz(m): 11:49am On Mar 21, 2008|
Bros what do u mean?, i said lets chat on yahoo.
|Re: Stock Market Tips For Nigerians by FatherOF2: 11:54am On Mar 21, 2008|
Based on the bold print above, supplement and look in the direction of :
BOC & FLOURMILLS
on Tuesday & Wednesday.
|Re: Stock Market Tips For Nigerians by aktopgun(m): 11:56am On Mar 21, 2008|
I found this funny and thought i'd share it. The unlevel playing field on the NSE
|Re: Stock Market Tips For Nigerians by pumice(m): 11:57am On Mar 21, 2008|
I just woke up now and I saw you question a few pages back on DSR. I immediately went to nigerian securities to have look. I noticed the trendline bounce that SavvyLanre saw correct guy. Remember that's the same trendline I entered in a while ago I'm still in. But I was stuck when you said it wasn't in the candles. I didn't even notice the positive divergence on the in the MACD. So there is more than one indicator suggesting coming price direction.
That's very perceptive of you aktopgun. Your analyses is growing from strength to strength and I really appreciate what you give on this thread. Thanks a lot for your insights.
|Re: Stock Market Tips For Nigerians by EKWA(m): 12:03pm On Mar 21, 2008|
RELTEL PRIVATE PLACEMENT is coming out soon keep your money down ,spoke to their manager Tony Okonkwo this morning my good friend and family member.
|Re: Stock Market Tips For Nigerians by aktopgun(m): 12:07pm On Mar 21, 2008|
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? pls say yes!
|Re: Stock Market Tips For Nigerians by aktopgun(m): 12:23pm On Mar 21, 2008|
all this for me. i just dey learn jare but thanks for the compliments. i am good student abi
|Re: Stock Market Tips For Nigerians by blueband(m): 12:38pm On Mar 21, 2008|
This nairaland must be the site with the "most related" posters.
Aktopgun,how far now?How was the Benny Hinn thingy?
I need expo for coming week o.Have some dormant funds .Abi make I save am re-enter ABC?for quick CICO.
|Re: Stock Market Tips For Nigerians by mecatchcha: 12:42pm On Mar 21, 2008|
@AkTopGun, @FO2, @All,
Ageb, anybody fit analyze Dunlop for me. I got a trailer load few days back at 5.72. What do you think about the price movement? Heard so much the past week about Dunlop but am still in the dark about their state and fundamentals.
|Re: Stock Market Tips For Nigerians by blueband(m): 12:45pm On Mar 21, 2008|
You are doing the last thing first.You should have found out about the company before going into it.Cos now,people ll be cautious in advising you so that you wont end up having an unhappy holiday.I also bought into it,though higher than you ,I have moved it into my long term portfolio though.
|Re: Stock Market Tips For Nigerians by aktopgun(m): 12:46pm On Mar 21, 2008|
money flow alone never tells the full story and its not advisable to use one indicator. it can actually lag further behind the RSI or macd histogram
actually, macd and rsi do not look at money flow (sure u know that though). apples and oranges scenario. .
another indicator that does look at that is the money flow index (it is too similar to the RSI for me) but i have to admit i prefer the chaikin money flow probably cuz of the bar chart-like representation.
the most important thing with the chaikin is the gradient - thats what tells the real story
abi i no correct? see example
|Re: Stock Market Tips For Nigerians by pumice(m): 12:49pm On Mar 21, 2008|
Guy you deserve it.
Meanwhile taking another look NEM, it's possible we could draw another trendline using the lowest low that would allow the doji to be above the support which would mean confluence and thus a reverse is pending. What do you think?
Personally I'm more worried about the resistance above. The stock has been in a down trend these past weeks, and with the bears back in town I'm not sure it can develop the momentum to break this resistance. My 2 kobo.
|Re: Stock Market Tips For Nigerians by aktopgun(m): 12:51pm On Mar 21, 2008|
u want some of my anointing abi! . it was great and i'm back for more this evening. for next week as FOF2 don talk and the charts show boc as a possible candidate.
i dont need to add caveat for u ke!
|Re: Stock Market Tips For Nigerians by aktopgun(m): 12:59pm On Mar 21, 2008|
pumice: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 cuz 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
|Re: Stock Market Tips For Nigerians by mecatchcha: 1:07pm On Mar 21, 2008|
Thanks for your reply. I thought they are turning around. . Well, when you said long term, that one scared me. What about a month from now? I know say caveat empty aplly wella.
Oga AK, abeg shine your candle on Dunlop for me.
|Re: Stock Market Tips For Nigerians by aktopgun(m): 1:07pm On Mar 21, 2008|
on a lighter note, i thought we agreed we would all contribute at least N1 per post and stop all this 2kobo posts
abi no be so faketan!
|Re: Stock Market Tips For Nigerians by pumice(m): 1:13pm On Mar 21, 2008|
Nice one. I had the same problem about where the trendline would fall and how aggressive I should be. I like 'ULTRA SHOT CICO'. Nice way to give a heads up.
P.S. I must have missed that memo about the =N=1 post . Rest assured, from now on, it's only =N=1 and above contributions I will be giving.
|Re: Stock Market Tips For Nigerians by aktopgun(m): 1:27pm On Mar 21, 2008|
dunlop. As u know caveats apply
|Re: Stock Market Tips For Nigerians by kayodus(m): 1:36pm On Mar 21, 2008|
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
|Re: Stock Market Tips For Nigerians by sscofield: 1:42pm On Mar 21, 2008|
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%
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