₦airaland Forum

windywendy:
@AKtopcandlegun   and Mr. Risky, where una dey when I was recommending Livestock bout 2wks ago? It was about 5.6 then (at least that's the price at which I bought). That one, berger paints and dunlop should have made those who bought some dough by now. Guinea ins refused to perform as expected, so I dumped and netted only 5% post commission  .

See my post below:

The windy one, i hail!!

U talk am. now i know better. i for light candle under them when u spoke but i didnt and now    

enjoy ur loot girl  . chei! see money!

me i no fit give any advice on livestock o . so so doji with high volume every where. buying pressure boku. is it not too high now to be buying though?

liver full ground for here sha.

haba, livestockfeeds too.

u wouldnt believe the similarities between their chart and that of dunlop. ehn so some silent people for here get this kain stock wey don dey rise since november last year almost in a straight line upwards no talk anything

anyway god dey  

@easi

i holla.

my take on dunlop

its been a good buy from the looks of it, all week. it seems to have formed a new support level of around N5 this week and resistance is currently at around N5.70. this resistance level may be at risk of increasing soon though cuz dunlop has been on an uptrend since the N2.50 low of november last year. it slumped in december and has basically been forming higher highs and higher lows since mid dec.

if u believe in the companies potential, now might be a good time to get in but class it rightly as a turnaround in ur portfolio

on ABC trans port, if u are not in yet i wouldnt go in ow.

the volume has vitually disappeared finish and the price is rising. Indicators suggest it is in an accumulation phase now. there is sustained buying pressure on it.

this one has left the airport unless u be winch person (fly by night)    

@crazyT

Monday might not be bad u know. i would like to see some positivity in it before buying though. the market is looking undecided about it today cuz it traded very high and very low in price but still closed around the opening priceie it did a doji ie market indecision, which in this case is good cuz it is in a downtrend currently.
i'd wait till after monday's closing to see. thats if i were buying    

@crazyT

u dey see unity bank so?

loma:
Just heard from my broker;Niwicable is actually positioning for  a public offer.

Is it wise to stay there or run out?

    ole, ole, ole!. is that a trick question ioma? if u believe ur broker, why wait, TS announcements are done on the floor and usually too late to act by then. if u are not in for the long haul, and u've hit ur target, bail.

invisible!:
@ aktopgun, I placed a sell order for my longman today, and wish my broker will commit a blunder and not sell, hahahahaha.
Wishful thinking.

if u've hit ur target, sell o! no let greed catch u . as i said i will wait for monday's prices. what was the volume sold today sef?

yodiyokun:
Is this longman or Ikeja hotels or which stock be this ?

Longman

we were right on ikeja hotel though, it gained today. yet to see the pattrn formed though. will check

yodiyokun:
I think there may be a upswing in the horizon; it has been gaining small small kobo kobo in the last 3 days.

My only concern with FCMB is that their half year was just 5B  - wetin be that? How do they intend to make their projections for this year wth such meagre profits and also pay this their new shareholders out of the dividend. Their prospectus mentioned they will include the new shares in didvidends for this year.

Except the result is fantastic - I don't see much of an upside really.

@AkTopgun,

I still dey wait for my access bank candlysis oo

i did that yesterday girl

I have looked at the pattern formed - a 4 price doji.

with the position it is in, mondays price is imperative. should it open lower and form another doji on monday then it would have formed a Tri star during an uptrend -  this is bearish but[b] extremely rare  [/b]. Lets see on Monday but any how the dojis formed yesterday and today suggest an indecision amongst investors but who cares. prices are going up abi, if u are a CICO, u should care cuz they are not good signs

i hope this is not gibberish i am talking sha. make una no mind me

aktopgun:
@invisible et pumping

longman did a gravestone doji yesterday with high volume. its not a good sign as it signifies a possible change in trend. so on this one i wouldnt be suprised if it drops today. also the chaikin money flow is suddenly negative, indicating selling pressure increasing.

i don't feel the same way for ikejahotel though. lets see what the day brings   

above is what i thought about longman. i do think it may still drop but i will wait to see the pattern it formed today. i no even get the stock sef?

yodiyokun:
Na only Afroil still dey drop like rock in the Petroleum sector. Even Eternal oil has fully reversed gear.

I will resist the temptation to say i said it would.      

@highlander

i agree but only once it takes off

For those who didnt buy eternaoil 2 days ago, it seems to be taxing off the tarmac again.

loma:
See how people pull NASCON down because them wan buy?      Well, make me too buy small add then!

shebi i tell u about NASCON last week . Unless u are in it for the long term, na another opportunity for the CICO fans be this when it bottoms out

@FOF2,

besides, with any tools i use, including fundamental analysis, i personally view them all with a good amount of skepticism because as u know, the market is essentially unpredictable and any tools are at best an attempt at pre-emping the market. I always like to be skeptical about such uncertainties. Skepticism shouldnt and wont lead me to be inactive however because that would be a recipe for poverty or as windy would say, "analysis paralysis"

FatherOF2:
The post when u send before this one and this bold print dey make me detect SHAKY CONFIDENCE when u get for candle.
The tin with candle when i go advice you not to trust too much in am is this " [b]IT ONLY TELLS YOU AFTER THE DAYS FACT". [/b]
You need stronger tools to help you know earlier in other to position for any stock.



Change that to medium term,  BUT PROSPECTS ARE VERY GOOD. N5-N6 still dey inside.

Just had to laugh for this one. Julius Berger.


E don tey when i change my computer price for that one to N12. D breeze dey come surely.

I WAN STILL REPEAT CCNN.


This na y e no good to leave this place for too long.
Abu i hope you get this information on time. I no sabi talk about bad weather and tori, make you call your broker for floor tell am make e buy PRESCO for you sharp sharp. A fine fall today go make you get am at lovely price and you dey safe zone for am. As per prestige, them no too get actions.You no say people no like wetin too high in price relative to e collegues.Where them wan run go?. This na people like NESTLE.But if you wan still wait for some plenty time, you fit enter PRESTIGE too.

Shaky confidence ke? i was only trying to make things clearer o. No vex. Ur comment about candlestick charting being informative after the fact isnt correct. In fact, if anything candlestick charting is predictive by its very nature. What stronger tools are u talking about sir? I use a combination of tools from fundamentals, to a variety of TA tools. Are there some i am not aware of?  

ok all of una obamabites, una don make bros wanajo talk now.

no more "go obama" but "go obama" . Make una cease and desist now now.

bros wanajo, i apologise on all their behalf .

hope u are well.

RoughCut:
All is well. I dey UK this weekend but in the beautiful Essex countryside

beautiful isnt it? i have been down there before but its a 3 hour drive from me. enjoy. i hope say u are dressed warmly sha. na u dey enjoy as u dey go better climate today.

Billions:
Fof2, you have recommended this stock a number of times. It took a definite (or is it just a spike?) upward turn yesterday closing at N19.85 with almost the full 5% rise after days of descent. I've been watching for a good entry price. Make I jump enter today ? Everybody, abeg make una follow put mouth o!

I scream for house yesterday when i see the candle pattern dis CCNN do walahi. i no just dey liquid now. na me and fof2 for be co-pilots for this one true.

i think personally FOR ME, i would buy now. CAVEAT EMPTOR, cuz i've been wrong many a time in the past o!

RoughCut:
Getting on a flight later today to be with family abi How'r things on the homefront?

good for u. We are fine and standing strong my brother. abi u dey our side for here?

RoughCut:
Make you no come burn all your bridges!  he dey ok if you still dey burn candles at both ends but to burn your bridges  the journey to recovery go dey hard o

wassup mehn!

moche:
I am very sorry because i know this is not the right place to post this but since trading has not started ,this can help in deciding between Obama and Clinton if u can vote.

When Hillary Clinton threw her hat in the senatorial ring in 1999, one Sikh donor with business interests in India enriched her to the tune of $50 thousand-and she enriched him with access. The Sikh is a millionaire whose circumstances suggest may be living on "borrowed" wealth. The man is hotel-restaurant mogel Sant Singh Chatwal. Chatwal a naturalized citizen from India who initially raised $500 thousand for Clinton in a fundraiser in his Upper Eastside penthouse. Chatwal reportedly committed 14 entities controlled by him to donate $210 thousand of that amount to Hillary's first campaign for the US Senate. Not in the least surprising is the fact that Chatwal is also a key Trustee of the William J. Clinton Foundation.
Chatwal, a US tax deadbeat since at least 1996 (and a debt deadbeat before that) began donating to Bill and Hillary Clinton early in the Clinton years. The Clintons reciprocated (that old political quid pro quo) by approving grants to Indian-American advocacy groups that were used to finance the outsourcing of jobs from the United States to India. Beginning in 1996 Cisco Systems (another major Clinton donor) began laying off $60 thousand-plus high tech employees and replacing them with new hires from Bangalore, India for about half the dollars. Cisco Systems justified the hirings, claiming they could not find qualified employees in the United States. By 1998 Cisco had only a handful of Infosys Technology workers overseas (Infosys is an outsourcer of jobs to India). Most of their 850 employees are now Indian. (Infosys has just launched an IT subsidiary in Monterray, Mexico to outsource outsourced jobs from India to Mexico.) In 2006 Newsweek reported that Cisco System's R& facility-employing 3,000 people, would be located in India. (Bill Clinton received $300 thousand from Cisco in 2006 for two speeches at $150 thousand per speech. Cisco employees-those who still had jobs-donated $39,450 to Hillary.)
Bill Clinton invested upwards of $50 thousand in an Indian bill paying company through his WJC Investments, LLP when outsourcing became a hot property. The company, Easy Bill Limited, is an Indian corporation. Easy Bill functions as a one-stop bill paying outlet for utility bills, credit card bills or any other debts you pay online. (It's website, www.easybillindia.com (does not conceal from anyone interested in billing collection services that they are outsourcing to India).
In 2004 Congress-and several States-attempted to enact anti- outsourcing laws. In March, 2004 the Senate approved an amendment by Sen. Chris Dodd [D-CT] disallowing tax dollars from being used to facilitate the outsourcing of American jobs. A day earlier, Congressman Bernie Sanders [I-VT] (now one of Vermont's two US Senators) introduced a bill that would deny grants or loans to any company that outsourced jobs if they laid off workers in the United States to a greater level than layoffs of employees in any other country in the world. Several industrial States attempted to enact anti-outsourcing laws that year, but those bills either failed and were defanged before passage.

As pressure mounted to kill outsourcing, Hillary Clinton, John Kerry, and Chuck Schumer were instrumental in created the Senate India Caucus (which was "coordinated" by the US India Political Action committee) to lobby Senators who were attempting to derail job outsourcing. When the Caucus was formed, Hillary Clinton told Roll Call that ", [i]t is imperative that the United States do everything possible to reach out to India. This Caucus is dedicated to expanding areas of agreement with India and engaging in a candid dialogue of differences." With their money in her pocket, what else could she say? Hillary is a co-chairman of the Caucus. On the House side, Hillary's allies are House Speaker Nancy Pelosi and Congressman Joe Crowley [D-NY]. (If your job has been outsourced, you now know who to thank.)

In 2005 when it appeared outsourcing would have stiff penalties, Clinton and Chatwal went to India on Feb. 28 to personally assure Hillary's constituents in the New York suburbs of Punjab that outsourcing was safe and that the United States government would make no attempt to save the jobs being lost to outsourcing. (At a recent fundraiser hosted for Hillary by Dr. Rajwant Singh at his Potomac, Maryland home-who raised $50 thousand for Clinton that evening-the Senator joked "I can certainly run for the Senate seat in Punjab and win easily."
Meanwhile, back to Chatwal. In March, 2007-after Clinton and Chatwal returned from India-Chatwal committed to raising $5 million for Hillary's presidential campaign. "Outsourcing," she had assured her "Punjab" constituents in India on Feb. 28, 2007, "will continue. There is no way to legislate against reality. We are not in favor of putting up fences." Not even, apparently, one on the border. Shortly after returning to the United States, the Delaware-based IT Professionals Association of America [ITPAA]-which represents IT professionals nationwide-voted Hillary Clinton its "Weasel Award," which is given each year to business and political leaders who betray the trust of the American people.
Unlike Clinton fundraiser Norman Hsu who stole over $1 million on his road to being Beijing's 2008 Straw Man to infuse Hillary Clinton's campaign with yuan, Chatwal was accused of defrauding the New York branch of the Bank of India out of $9 million he borrowed from them in 1994 and never paid back. As he prepared to board a plane with Bill Clinton in 2001 he was arrested because he owed the City of New York $2.4 million. He posted a bond and flew to India with Clinton (perhaps to visit Hillary's constituents in Punjab). He was arrested in India on the Bank of India matter. He posted bail equivalent to $32,000 and jumped bail by boarding a flight to Vienna. After borrowing that $9 million, he borrowed $14 million from the First New York Bank for Business-and skipped. The bank failed. The FDIC sued him for obtaining improper loans from a bank-Chatwal was one of the bank's directors.
Chatwal is a tax deadbeat who believes only the working class pays taxes. And, with the help of Bill and Hillary Clinton he made that belief a reality. Chatwal, who was contributing handsomely to the Clintons at the time, testified in his court hearing that his net worth was $2,600.00, and that he had less than $100 in cash to his name. Yet, he lived in a 7,000 square foot luxury penthouse apartment. In a settlement with the Clinton Administration's FDIC, Chatwal agreed to pay the federal government $125 thousand-and the government agreed to drop its allegations that Chatwal defrauded the bank and made false financial statements to hide his assets. The American taxpayers absorbed $13.9 million of the loss and Chatwal continued to financially enable his friends in the White House. (Chatwal said the penthouse was purchased by his wife, Pardaman, for $1.8 million in 1987. The loan came from another bank where Chatwal served as a director. Ownership of the penthouse was transferred to a real estate company owned by Chatwal's brother, Iqbal Chatwal. Sant Singh Chatwal occupies it with "an oral lease." It is unclear whether or not that loan was ever paid back. Chatwal's history of paying back loans suggests it was not. The transfer of ownership appears to have been used to dispose of the penthouse to avoid repossession by the bank.

Chatwal claims that, at one time, he was worth $45 million. When he filed personal bankruptcy he also filed for Chapter Seven bankruptcy protection on his 56 Bombay Palace restaurants. Chatwal owed the City of New York more than $2.4 million in back taxes which have never been paid. The IRS is chasing Chatwal for $4 million in unpaid business taxes and the State of New York is chasing him for more than $5 million in back taxes. Across the ocean, India wants to put him on trial him for bank fraud. Yet, when reporters asked Clinton spokesman Phil Singer if there was anything in Chatwal's background that should be a cause for concern (after the Norman Hsu flap), Singer said, "No, " adding that major fundraisers are routinely vetted ", through publicly available records." (Which ones, I wonder? All of the information in this article came from "publicly available records."
Meanwhile, back to Hillary Clinton. Despite the aggressive courtship of labor unions by the upper tier Democrats (i.e., Hillary Clinton, John Edwards and Barack Obama), the major unions have withheld their endorsements as they scrutinize the candidates over their position on one core issue-the job drain to countries without binding arbitration rights for labor. Before they rubber stamp the next nominee, labor wants [a] a definitive explanation how that candidate will stem the flow of jobs-in particular the large number of high paid service and technology sector jobs-that are being taken over by outsourced low income workers in India, and [b] they want signed pledges from the candidates that they will stop the drain.
Labor unions are taking a close look at the histories of the Democratic candidates-and some labor leaders have found Sen. Clinton's record alarming. Thea Lee, policy director for the AFL-CIO said ", [t]he India issue is still something people are concerned about. Her financial relationships, her quotes-they have both gotten attention." But even more, Clinton-who needs the endorsement of big labor to win the nomination-has had closed door meetings with Big Labor to explain her ties with Chatwal and the Indian companies that are profiting from contracts with American corporations who are outsourcing their jobs to increase their profit margins.
Labor is pressing Clinton to mitigate her support for expanding temporary work visas. The AFL-CIO has questioned the Senator on the help she provided to an Indian company that was allowed to establish an American beachhead in New York state. Hillary Clinton-like most liberals who think you can take a worker's $60 thousand per year job and give them welfare and schooling allowances to retrain them to survive on a $30 thousand service sector job a year or two down the road-after they lose everything in a bankruptcy that's now almost impossible to file-has sponsored legislation to provide retraining funds for American workers whose jobs were outsourced ue largely to her efforts and those of her liberal allies in the US Senate.
Clinton has declined repeated requests from the liberal Washington Post for an interview about her version of the outsourcing story. Her spokespeople claim there are no inconsistencies between statements she has made here or in India with regard to her conduct as a US Senator. The Senator, they said, believes in the free enterprise system and she opposes legislation to restrict outsourcing since that would be a restrain of free trade-even to slow the loss of American jobs. But, they added, she has worked hard to provide funds to assist workers who lost their jobs due to outsourcing. In an added insult to the American people, another Clinton spokesman said Hillary ", believes that we must make sure that we are not allowing other countries to take advantage of American workers, and that we do not have policies in place that actually promote outsourcing of American jobs."
At a recent fundraiser in Los Angeles, the host of the event, Nadadur Vardhan told his guests that they should support Hillary Clinton because she will shift more jobs to India. At another fundraiser, Hillary pledged her support to the Indian community and pressed Indian companies to invest more of their profits in the United States to pay the country back for the jobs they got through outsourcing. "If the United States continues to outsource jobs to India in increasingly large numbers, people will begin to feel insecure and may very well seek more protection against what they view as unfair competition. America is not just a marketplace to get a foothold in. It's a place to make lasting investments that will create jobs and economic growth for everyone."
Sanjay Puri-the head of the nation's largest Indian-American fundraising PAC-noted that ", [t]he Clintons made a special effort. They went to India. They made a real attempt to reach out to Indian-Americans at a time when no one else had done that." If that's true, then we can blame the Clintons for every outsourced job that went to India. India is, after all, Hillary's second most important constituent-after China. it's a shame she doesn't fight for the people of New York-or the United States-as hard as she does those who fill her war chest. Too bad the people of the People's Republic of China or India don't vote here. Hillary could use the votes.
Between Bill and Hillary Clinton, the Clintons have made 8 trips to India-and scores of fundraising visits to Indian-American PAC groups within this country. One of the Clinton's India-connections Vinod Gupta, the founder of a Nebraska data processing company who had donated over $1 million to Clinton political causes during the Clinton years-and who paid "private citizen" Bill Clinton $3.3 million as a business consultant.
I guess the 1992 campaign rhetoric Bill Clinton used to describe the co-presidency still applies. "When you elect one of us, you get both." Only this time it isn't the love-hate co-presidency of Billhilly Clinton, its the co-senatorship of Hillbilly Clinton. The first time around, Hillary took the gratuities Bill couldn't take. This time around, Bill is taking the gratuities Hillary can't take. And, between them both, they licked they platter clean. The Clintons apparently still believe the adage, "You can con some of the people some of the time, but when the media remains silent, you can con all of the people all of the time. Or, at least, you can escape due process."


Will voters in Texas and Ohio, particularly blue collar workers who have seen jobs disappearing thanks to the efforts of both Hillary and Bill Clinton hold them accountable for the many ways they have contributed to this downturn in the economy, or will they buy the bilgewater that is going to be supplied to them via the airwaves about Hillary's alleged superiority on the subject of the economy. A group of very wealthy individuals as well as corporate special interest groups (many from the state of California) have formed a 527 group which will allow them to exceed the maximum legal amount they can contribute directly to Clinton's campaign for the purpose of flooding the airwaves in Ohio and Texas with TV advertising attacking Senator Obama and claiming a fictitious mantle of economic expertise for Hillary. This "SWIFTBOAT-like organization" is run by former Aids to Bill Clinton (1994-1999), refuses to list the names of any of their contributors, has hired Hillary's chief campaign representative (responsible for recruting the Latino vote), Los Angeles Mayor, Villaraigose's ad producer, Mattis Goldman, to produce the TV ads that will target mostly white woman and white men in Ohio and Latinos in Texas.

o ga ju! who u wan make e read ALL this one? US politics no concern me reach this one o. i never even finish knowing the ins and outs of Naija one sef.

GO OBAMA!

@blueband

omo, i never forget u o! No vex my brother, the last few days have been quite busy and i am making a conscious effort to spend as little time on the computer for family reasons  . e don reach the one wey wifey don begin to talk say e be like  say we don be 4 for our house now, me, her, tobe, and nairaland    .

i will attempt to holla at u this weekend if i can but if not will e-mail u next week from work probably

E be like say today na di only day i go fit deu fully for here before person begin say make i go sleep for couch o. sat & sunday go be for family relations    

@invisible et pumping

longman did a gravestone doji yesterday with high volume. its not a good sign as it signifies a possible change in trend. so on this one i wouldnt be suprised if it drops today. also the chaikin money flow is suddenly negative, indicating selling pressure increasing.

i dont feel the same way for ikejahotel though. lets see what the day brings

ty_ademolu:
@ Aktopgun and FatherofME


From your previous posts, both of you were recommending Japaul (na me talk am first sha), Eternaoil and UAC-Prop.

I took a look at the charts, and Eterna Oil seems to be on a downtrend (RSI trending below 70, and fast MACD intercepting slower MACD)

Or are you tryin to say that the fundamentals beat the TA, so its still a good buy? Or is it jus speculation that Fola Adeola would drive the price up just as he did with AP?

From the charts, UACP and Japaul do look good (even though I know say before PO buyers collect their pali I for don sell my own)

whats your take on my theory?

Ty,

i do not speculate. i wouldnt be doing all this reading to speculate na. i wouldnt need to. speculating is a recipe for accident. Also i am not particularly interested in name dropping or the likes either re: fOLA adeola, although he is a respected manager no doubt, which cant be bad at all.

on eternaoil

what i mean is that it is a good buy now cuz it is at a lower price now as u've said with the indicators. i hardly ever buy a stock thats going up unless i believe there's still more room above for it to go into (thats why i bought cutix at 13.50 ).
of course its already looking to go back up now, which is why i feel its a good time to buy before it gets too high again.

hope its clearer now

@ invisible
the chaikin money flow too suggests buying pressure. all this na english sha. lets see what daybreak brings

Large volume and a green candle stick is a good combination. the bears tried to bid it to a low today but the bulls overcame them and pushed the price even higher today. but i've been wrong before

invisible!:
I am liking the performance of Ikeja hotels in the past few days, although it had gained nearly full points for three days running, I still think it will experience turbulence in the nearest future.

Look at the very large no of share traded today, about 28 mil. units and 168 deals. Prices may slow down tomorrow.

i doubt it but i've been wrong before