₦airaland Forum

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/28541_U_A_C_N__OF_NIGERIA_PLC._CORPORATE_ACTIONS_JANUARY_2020.pdf

I must state that the quality of personnel coming into UACN of late gives hope that the future is indeed bright for the company. However, bright minds always come with a big cost.

That is OK as long as he delivers the goods

currentprice:
The Nigerian equities market closed positive today as NSE-ASI gained 2.92% to close at 29,395.57pts

Effect of the heavyweights which I alluded to earlier.

RabbiDoracle:
The people buying Dangote cement: what was there that was not in the public since last year?

That is the question one should ask.

People shirt go tear into pieces.

wanting to buy and ability to buy na diff tinz na.

Coolcash1:
The stock is overpriced and trust Mr market to reprice it accordingly. However, assuming its the fair price, then wapco should not be selling below N45.

I am inclined to believe this.

However, we need to see the numbers for the combined entity before ascribing any sort of fair value on it.

My opinion though

OakPearl:
You sef know say na wash.
Market makers trying hard.
We have seen it all here...MTN and Airtel listings come to mind.
Make we just leave them to Mr. Market to do the DD.

As usual whenever I sell, I leave 1000 units behind. Sold CCNN @18.50 (bought at 5.03).
Time to collect jara on the remaining 1000 units

kolaish:
Simply go to CSCS office (1st floor of stock exchange biulding in CMS) with your valid ID Card and request for your statement of account. You will pay a token between N300 - N600 for this. Then, you simply find a stockbroker and of course, the broker will take up from there.

Note for the future.

In this clime, never buy an go to sleep. 12 year sleep for that matter

OakPearl:
This will lead to one very vital information about where the market is headed: Increase in the NSE index.

the thing about these heavily capitalised socks is that when they rise in this manner, they spook the index. A discerning investor would always look at the granularity of the index story

onegentleguy:
Relax bro !!
...there is absolutely nothing to fret about.

The price drop(which is for the most part, marginal) has been with lower vols, highlighting an increasing reluctance to sell.

Contrarily, price rise has broadly come at the back of above average vols which signals a heightened willingness to buy.
The NSE 30 and the broad index is given a clue.
...It's a BUYERS MARKET !!
Time and again, there will be pullbacks, but moving upwards we shall. ...at least in the near term.
Soon, some of u will begin to BELIEVE in the 'gravity' of the current mkt trend.

If u have bought RIGHT... primarily, fundamentally healthy and/or high dividend yield paying coys, then relax ur soul and join me on the side line in sipping from a cup of warm holix !!

It is well.

tell am bro.

The glass could be half full or half empty. It all depends on which side of the divide you are

DOLLARTEX:
http://www.nse.com.ng/Financial_NewsDocs/28534_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JANUARY_2020.pdf

Saw it yesterday. Maybe the Ogas inside wan buy?

sellydion:
We are at the early stage of bull market. You can invest now and make decent profit.

Depending on the nature of investor you are, conservative or agressive. Zenith bank is still good at current price with peace of mind.

UBA is getting out of hands, FBNH is cool too all these are running fast leaving limited upside room.

Please edit and add a caveat. There is a lot of certainty connotations in that statement.

kolaish:
Personally, I do not think the bull will last more than 17 January 2020. The bull was brought about by money coming from PFAs and other institutional investors that have exited treasury bill because of the low turnout to position themselves in stock that can offer higher dividend yield.

We should watch our backs and be on alert not to be caught unaware. Remember that all the gains we have remains paper gain/profit until it is sold. Babalawo Rabbi is partially right, only that no one can perfectly predict the market.

Disclosure: Yours truly exited UBA yesterday. Bought at 6.04 and sold at 8.80. Would exit FBNH if it reaches around 8.5. I bought at 6.07. Meanwhile, I am still on a no gain, no lost position on FO because I bought at average price of 16.70. Transcorp is yet to meet my entry price of 1.16, but will consider selling if it reaches that 1.16, not to tie my capital down unnecessarily again.

Why this particular date?

RabbiDoracle:
Don't mind Veecovee.

And those that have been shouting that so long as Bubu is the President, that there will be decline. Who is the president now?

Sustainability is the koko. Even during the military era we also had bull an bear markets.
I will stand corrected.

RabbiDoracle:
These people are plotting something sinister.

The volumes supplied isn't meant to be. From that volume alone, you will know that there is sometthing else they want to do.

You can hold stocks if you want. But for now, I want to hold cash.

The highs will come in due time. You sef will know.

Okuko nti ike, na nu ife na ite ofe! That will be the name of the decline.

Isn't that stating the obvious?

In a bear season, i come here and be shouting 'the market will go up soon' and when it does, i'll squaring my shoulders feeling like W Buffett.

The reverse is also true.

bottom line is that the market is a 2 way street

RabbiDoracle:
After this period, I will be charging all of you good money (as Meshpips does).

As an unbiased umpire, I have to say that Agba has one on Oracle.
Reason being that Agba called it right (Jan) whereas Oracle thought it would happen in Dec.
My opinion though

Agbalowomeri:
The mistake you are making is;
In Jan 2018, it was a top
In Jan 2020, we are just coming out of one bottom
The index rules

this guy, you 2 like index sef.
nice one though

fxuser:
amongst many others
usually stop loss helps calc position size, to avoid been too heavy or too light
our broker exchanges are still many years behind d curve
deriz room to have a more robust broker platforms

until then we have to manage these ones. Many light years better than 12 yrs ago when one had to pally with broker to stand any change of mandate execution.

lancee:
More offers don dey show face .

net bid of nearly 40m!

onegentleguy:
Closing Prices:
ACCESS- N11.20 ...20k above its previous 52-weeks high.
UBA- N8.45 ...5k above the last 52-weeks high.
FBNH- N7 ...N2 below its last 52-weeks high.

Technically, all 3 coys are playing out a similar trend of higher lows with a push for higher highs !!
Perhaps it's time to tap into the last coy(FBNH)
...the probability that u can gain that N2 margin from it is near 1.

Elsewhere, it'll be wise to keep a close eye on AIICO !!
...that 'dude' has be making above average vol with signs of a trend reversal in the last 3 trading days.

For those still seeking for where to invest; there is still more than enough room for reward(feasible ROI) in CAVERTON, FCMB, FIDELITY, ETI, GTB, ZENITH, UACN, WAPCO and TRANSCORP.
...including the 3(ACCESS, UBA and FBNH) highlighted above !!

NOTE: Following ur instinct should still take higher precedence ahead of this post. Due diligence still applies.

It is well.

make e do jooo. I don wait tire

Agbalowomeri:
I prefer this one
I no get the strength to dey look for 10% upandan
I also prefer to 'pack' my loot in bulk and run
So for me even if na 100% portfolio return once in two years, that one don do me Lol

You know how many times i have watched +50-80% turn -ve, all in the name of long term. Have we moved forward as a nation for the past 15 yrs?

robobo:
There goes a veteran with many scars

Oga BigJay i was about to same thing, the only thing i can add further is that u shld test that terrain gradually (with some cant kill part of you portfolio)

The macro terrain does not support long term thinz.
The guys that move markets don jaaaa.
Unless we see the stability of the OBJ-NOI-Soludo era, we are on a long thing.
Having said that, money can still be made from the periodic yoyo movements.

make i no even begin talk of opportunity costs. Hind sight is such a wonderful thing

Mcy56:
I didn't jump out, I've always done that.
Moreover, I'm referring to negative news here. How many of them announces northward movement of prices? .... but are "eager' to announce bad news. Just saying anyway.

emotional attachment thinz? I for sure say whatever I see

a lot of us are still expecting the magics of yesteryears.

the guys that move our market have been scared away. Refer to my previous posts

High time we get used to the new normal.

Yours truly is contemplating turning a short-to-mid-term trader

see blood

lancee:
You re right , I know his good as well ..He be one of my oga's too with his own special oracle

Agba is always realistic, albeit with a hint of pessimism.
CP keeps it real. looks where most people don't. I love his bedsheet.

Mcy56:
Double clicking is not working again.
They actually needed to bring it back.

sorry, always works on laptop/desktop. I just realised a lot of use use phones etc

Krisuba:
[quote author

Please how does one view the orders on a particular stock now With d new Morgan site!!

as usual! double click

OakPearl:
Well done for your find.

Launching a research and development into 6G as reported in the attached thread confirms my position that there is no 6G network yet.

you made your comment in the context of the next big thing to mirror the Amazon story. So one is right in thinking that your mindset was long term (at least 10 yrs). Hence my comment Re: 5G, 6G was very apt!

currentprice:
i have been shouting premium when pple rushing it @ 165. and i hav been mentioning good cash when they have not made known to public their share buy back plan.

with share buyback plan, the cash i shouted is obvious now

you de see far

OakPearl:
Please do your research well.
5G roll-out only started last year in a few cities around the world.
The level of infrastructure change both for transmission masts and compatible mobile phones is humongous.
Even the "almighty" Apple is yet to release it's 5G mobile phone.
There is no 6G netwotk to operate from anywhere in the world yet.

I never meant that 6G is currently available! However, research (? & development) is currently ongoing on 6G. It was only mean to be a thought provoking comment.

http://www.asiaone.com/digital/global-race-6g-technology-research-commercial-use
https://qz.com/1743790/forget-5g-china-begins-development-of-6g/

my point was - if you invest based on 5G and 5yrs down the line 6G becomes the latest tech in town, what happens to your investments?
BTW, I am a techie, so by the grace of God I am fairly clued up.

OakPearl:
To find the next Amazon, narrow your search to industries/sectors that have the highest potential to rule the world:
1. 5G network companies/operators (The next big thing after the internet).
2. Marijuana companies (Pot stocks)

5G? When Huawei is already on to 6G!

Agbalowomeri:
I guess patience is needed
It's still a buyer's market
2 years horizon

The stock market is always a leading indicator of the direction of the economy.

Tell me what the market is saying currently and I might be bold enough to hazard a guess as to what state of the economy might be in the quoted 2 yrs horizon.

Regardless of the up today down tomorrow of the stock market, no economic indice currently paints a good picture.

I stand to be corrected.

rebekah2011:
It is 47kobo dividend ooo.

42k Bro. See below

Vitafoam

http://www.nse.com.ng/Financial_NewsDocs/28496_VITAFOAM_NIG_PLC._CORPORATE_ACTIONS_DECEMBER_2019.pdf

42k/share - Coolio