₦airaland Forum

transcorp, volume over 132m. the next stock so far has a volume of 75m.

technical suspension my left bum cheek. those who want to sell obviously can sell!!!
its one rule for the goose and another for the gander.

ha! egba mi, help me o. transcorp is currently topping the NSE in volume sold so far today

@roughcut

u feeling cutix right about now? look who's talking about loot

@pumping



i'm loving it, loving it, loving it, i'm loving it like this.

@roughcut

honey coated naturally

crazyT:
@ All

I think if Fidelity shed some weight today na better time to enter bi that? 

@ Aktopgun   What says the “juju” candle? 

candle do talk yesterday on dat one jare. i no even remeber wetin e talk sef. too much going on right now.

@harrisoft. no wahala my brother but e be like say u no like me at all at all . U mean i dont spend enough time as it is on this thread that i should go and start another one? u wan make madam finally throw my kaya commot for house? .
the time to start dat one no dey o. besides i like the idea of a one stop shop for all analysis on the stock market. u get the gist on eps, pe, news behind the news and of course technical anlysis all in one place. what could be better than that?

by the way, Guru ko, guru ni. Na guguru me i be jo!    . i no wan die young o abeg

Diamond,
now may be a good time to buy and if u have liver even wait a day cuz it might even drop if u use candle light look am      . lets see what id does today

@harrisoft, i hope that is short enough   (now u make me sound like juju man as i no get pictorial to show wetin i mean when i say the candles suggest a dark cloud formed for diamond      ).

crazyT:
[b]Aktopgun E bi like say Tobi no allow you sleep well well, because (on a very good day) you no dey quick vex.[/b]Abegi no mind Harihard (sorry) soft jare.

We need all the help we can get o, especially with Nepa we no dey trustworthy so and fuel price dey halla every day candle can be the only hope. So Harisoft no quench our light o

. My brother no mind me jare. i don cool down.

On Tobechukwu, the doctors are maintaining teir confession based on their tests and we are maintaining our confession based on God's promises. U know who go win now abi?    

hey hey hey!! fellas, brothers, whats with all the aggressive undertones on here today, did people wake up on the wrong side of the bed?

make una stop this kia kia! (myself included )
we are all brothers and sisters here abi!

senator, damacheo, aktopgun, harrisoft, calm down, calm down. no need to get fiesty.

Well if i said i sold off a nice chunk of my Cusader on valentine's day, would it help?      
it was bound to be hit by a TS much sooner than later and so many times its been mentione don here as one of the top candidates.
still got small left sha so whether it goes on bull run (doubt it) or not, i'm still inthe black on this one. i've exceeded my target

harrisoft:
@ aktopgun
Oga please I think it will be better if you start a separate trend for Candle/Japanese so that you don’t sidetrack us with it, like easimoni started the technical thing and uncle Napolean is planning to open one for[b] long extensive posting[/b].

see me see trouble o! are u asking me to leave the thread because i post candlestick analysis, so that i don't distract us. Harrisoft, who be the us wey u dey refer to?

so i should stop posting because u feel side tracked? what exactly are u on about mate? if its a case of u not understanding what is posted then by all means, ignore it. afterall, the charting pattern is about stocks and not candle manufacturing ke!!

nah mate, nah. its a free forum and until u start urs i suggest u either ignore my posts or get used to it! What the ,

harami- meaning "pregnant" in japanese

rules of recognition:
1. a long day is preceded by a reasonable trend
2. the color of the first day isnt as important but it is best if it reflects the pattern, ie green color in an uptrend and red in a down trend. this isnt a strict law though
3. a short day follows the lond day with its body completely inside the body range of the long first day
4. the short day should be the opposite color of the long first day

so there u have it. i expect more jibes and jokes about this

mistake, mistake, see corrected chart on fidelity below

Just a thought fellas, on fidelity and the candle pattern. it did a small bull run as i thought last week but its all change.

oshkosh:
I suspect say many peps wey dey recommend for this forum don buy the stock finish before them announce am, as a workaround to the issue of silent deep-pockets.

Na the reason why  peps get to do their own research too oo,  because e go get as e be, if peps come dey recommend stocks for here wey them wan offload   !! Chei! I no sorry for the silent deep-pockets in this case sha, na the small investor wey they find them feet for this NSE maze na im I sorry for pass oo!

When I see beginners dey ask for CICO, RORO, taleban etc  stocks, na recipe for serious hypertension una dey look so.

omo na wa o! na so u just take style throw in conspiracy theory for here ke.
from the history and good name this thread has established, all of the people who have become friends and really a family of sorts ave proven their loyalty over and over to each other . at least i speak for myself and i'm sure for everyone else on here including u.

e good as u say make all man do im analysis . i agree with u. this thread is also an invaluable tool in that analysis.  

@pumping

ah sooo! (japanese for ok, pronounced aaahhh soooooo!      )

U are now officially Mr Miyagi san!    

completely forgotten about diamond. I am getting into it more and more too, very revealing. i especially like that it incorporates the psychology of the market into its interpretation.

pumping777:
@aktopgun - You be winch jare. see how your candle come shame my comment on Diamond. The flight never full sef. pilot come stop over for Abuja pick up some high fliers _{I go dey inside jo}. The love for candles na the beginning of wisdom.

Abeg troway some more candle light  _{not valentine style sha} here make man see road for this turbulent NSE 

More WAX sorry, grease to your elbows.

@pumping, honestly i don't remeber which comment about diamond u are referring to bro, pls remind me.

i guess u are probably pulling my legs again pumping.

shebi we dey talk am for this thread over this weekend for here say transcorp is a disaster waiting to happen and people begin throw analysis and info based on wishes . the candles down blow out for transcorp o!    

ANOTHER ONE BITES THE DUST.

If u are not a big time player(and by that i mean u if u are not ndidi, obj or other directors) it would be investment suicide to put ur hard earned dosh into a compnay like transcorp. Just my opinion. The biggest boys have it to spare(mostly embezzled of course    ) and this TS shows they play games to which other investors don't know the rules. wasa reason given for the TS? were the papers filed last week abi when, wey nobody hear? Naija sha! this na executive fiat on NSE's (or should i say ndidi's part)

@londoncool

u remeber the candlestick we were talking about last week, querying whether it was a marubozu or not?, well i have been doing some studying and actually, its a type of marubozu, called the opening marubozu cuz it doesnt have a candlewick extending above the opening price. in cases where there is a candle wick extending from the opening price end and none from the closing price end, then it would be a closing marubozu. interesting stuff.

i've been looking closely at the patterns on the NSE viz-a-viz candlestick charting and its quite revealing, its like having a code and being able to decode it because u are able to understand the language its written in. I know most fellas on here are skeptical about TA generally and candlestick charting in particular, which is why i decided to "hold my peace". i no want make person come say na "topgun candle" make am lose im life savings, i no wan die young .
i will combine it with my weapons though. u never know when it will be needed. I wonder why i tend to think of investing as a sort of war? maybe cuz its me vs the market. So i need all the weapons i can get really.

Happy investing

any short term traders here own airservices?

i suggest u sell tomorrow cuz the candles ( ) suggest the downturn will continue.

if u are in it long term well u cant really go wrong i think.

@deoba

i hope u are right for ur sake . what exactly are u basing ur view on though? do u know something thats not public knowledge? come on share share share!

i would class transcorp as a turnarond at best and the turn around is still being sorted out sef. it may succeed, it may not. probably still has a ways to go but knowing the NSE, anything is impossible especially with all the "big names" (yeah right, only in nigeria! , not strictly true though) being mentioned with the company

Iyke-D:
It was evident Transcorp bit off more than its young teeth could chew with NITEL, and also could have done
better to help its case, but then lets pause for a minute here.  .  .

  - A month ago, NCC supposingly gave Transcorp 6 months to improve MTEL or lose its license
  - 3 weeks ago, the Senate in charge of Telecommunication endorsed its transformation strategy
  - Just a week ago, the government announced the resolution to dilute both its and Transcorp shareholding
    in order to make way for a new core investor and have forwarded the resolution to Yar Adua for approval
  - So between last week and yesterday, the minister or FG trashed the resolution and CANCELLED the sale
    (so much for due process)?
  - Weren't all these respective stakeholders in the same meeting with Transcorp in December?
  - Also, what does CANCEL or REVERSE mean? Is it 0% for Transcorp or is it 10% or 15% or 24%?

Finally, how does the government expect to a get a new so called "majority" investor if they planned to still
control NITEL?  How can you say another entity "owns" something and yet the government is still calling the
shots on what goes on with NITEL (higher board representation, and other interferences).  What guarantee
will the FG offer to the new core investor that the next government will not REVERSE the sale?

Heck, unless the government has a ready buyer (very unlikely if they are invoking their due process) I wonder
where they are getting +$500million to re-pay Transcorp? So does Transcorp still owns 51% until they a find a
new buyer? If that's the case, what is the sense in this latest announcement and how is that different from the
joint resolution that was announced last week? Hey, this is Nigeria, it will be incomplete if there is no confusion.
 
Did I hear somebody say a $1billion lawsuit again? 

i believe the bottom line is unless u have big liver (probably meaning there might be a cancerous growth there ie problem with the investment style being used  ), TRANSCORP may be a company u want to steer clear of.
even if its a CICO opportunity, there still for me needs to be some under-pinning fundamental foundation. i work too hard for my cash to throw it away honestly. TRANSCORP and the like are not worth it frankly

blueband:
960 million units multiplied by 5 naira=1.8 billion naira!

UP AIT!

which kind of yeye mathematics is AIT doing, no be 4.8b dem go get if they are selling 960m units at N5? wetin dem wan do with the remaining 3b on top when them make the 1.8b wey dem say them need?

original tief tief as fela talk!

or is there something i'm missing?

Napolean:
As per what Wanaj0 mentioned earlier about Chams essentially alloting/selling a chunk to UBA Global who have sold some, hoarded some and wished to poach some from the other issuing houses is all very true. But those that are in will smile and those that are not take solace in the fact that there are always better offers.
Some that missed Zenith at 10.90 in 2004 thought life had ended but those that bought Fidelity about two years later at less than N2 have made similar capital appreciation in a shorter period of time. Before you pounce I did not mention divs or splits.  Basically there is always a better deal ahead. If you missed out on CHAMS do yourself a favour find out from your agent if your in, if not get your money back sharpish. A serious issuing house, if you bought directly would not have cashed you cheque yet because they should have matched availabilty to sell with requests. Depends on procedure used.

Interswitch is a  similar situation. They are not listing this year and they have selected a few (literally) entities so sell to. The offer price is N2.00 for a 50 kobo stock. Therefore you have the option of waiting for listing or getting a seller to cross at a premium. However the sale and transfer has not been formalised yet, so nobody can tell you they have anything warehoused now to sell. If you hear such gist in less than the next 6 weeks na 419. I will make calls this weekend then on Monday mention at least one of the selected companies that would be willing to cross. This is because it is early days, if you do not wish to get in now and tie your money down for a least a year untill listing you have the option of waiting to see if it will open up to more houses to sell through nearer the time. Both options are fine.

Starcomms and Multilink both a have a degree of foreign interest in them and I will make a few calls tonight/tomorrow and try to suggest the best way in. I know the registrar of only one of these companies and will confirm the second to you folks by monday. Sounds silly but even if the house you buy from is not forth coming with a prospectus, make sure you scrutinize the financials first. You will surprised how many rushed CHAMS without reading the prospectus, evaluating the projections or knowing what the company is really about.

I must apologise for my verbose rants. Chatting away into my laptop I don't notice the lines flying.

I should not like the sound of my own voice. So shorter more concise contributions are in order.

uncle napoleon, i for one will be waiting ot hear from you.
as far as i know, there isnt a limit to the length of posts on nairaland so talk as much as u feel u need to or is necessary by all means.

buying interest still dey small for dunlop as i see it but N5 is appearing like the new mark. whether it will turn out to be for resistance (i doubt it) or support remains to be seen

wanaj0:
Jubilee savings and Loans is connected to RCCG. Members/leaders of RCCG are the promoters.

so whats the 411 on it? whats the gist. got any info?

@easimoni

they must surely come out. As someone said a while back, "come out of the woodworks"

@yodi, make i show u live harami cross for NSE. See the diagram below

@yodi

ioma don answer u above. e be like say fellas don dey feel this japanese ke!

nice one ioma

yodiyokun:
Wetin be this na  

No kill me with laughter na

yodi, u want make i tell u wetin harami cross mean ?

RoughCut:
AKTOPGUN see all d 'katakata' you cause with your japanese speaking candles

I dey look for correct candles wey i go put on top of my son's 5th birthday cake any ideas? I want the ones wey understand english as the guy no understand japanese

     . i had wanted to say make u buy ticket for japan and take the train to the town of sakata to ask for the farmer called sunsei Homma!!      

obviously fellas are feeling the candles no?

roughcut u wait till i start to dey talk Harami(meaning pregnant in japanese),      

that PP by jubilee, me sef see am for proshare but know nothing about it, e fit be dragon fly doji o!   As in the price fit fly away.

on NASCON btw, the candle today na red marubozu ie na the sellers control throughout, no one even bid the price higher than its opening.

yodiyokun:
I no wan quick talk am -- e look like celestial candle to me too!!!

Aktopgun, this resemble the candle you dey use?

Leave them -

Even for CICO no be 0-3months Fof2 talk.

Na the people whey vex dey sell - no shaking for that stock. If you bought at 16-16.50  cool temper.

No be how I miss out for Dunlop and Cadbury be that , see where them dey now.

That  time I talk say Cadbury don bottom out at 32 , na so so story but because i be small pickin for this thing den I listen,  If I bought then I would have been smiling to the Bank now.

As for me and my house, we no Sell NASCON - na here we go siddon the thing go pick up.

thats the spirit girl. it depends on ur entry price really. if u entered at a good price then no shaking (wey my guy sef?)

on the candles, NO be the kind candle the topgun dey use be dat o! my candle is japanese, from the town of sakata        . i'm cracking up here