₦airaland Forum

EDUECO:
The 2019 presidential election is approaching!

Those who are conversant with the happenings of the Nigerian stock exchange know what I mean!!

Don't Forget History!!!

The heat will not be much, don't be afraid. Heat will only come after the election, if the incumbent President losses out. After the hand over, which is 29 May 2019, change of Government will then affect the market. This coming election don't have inter tribal/ sectional tension, therefore it is not coming with tension.
Just position yourself in good stocks, because final year result will usher in bull, which will take place some months before the handover.

dipoolowoo:
That has always been my philosophy. Falling stock price is good news to smart buyers so far the stock has good potentials.

If your money is ready to buy when a particular stocks has bottom out.
But if your already in the car, which crash is ongoing, and ended up opening the door for you when it has bottomed out, tell me how smart you will outsmart the market.
Some bought Diamond bank today @ 1.64, thinking that it will stop there, but the wishes of those who has their hands burnt in Diamond bank, still want the stock to surge more.
Bear in Diamond bank might drink water tomorrow at 1.4/1.5, then decide which way forward. Either to hand over to bull/ car park, or it might decide to carry on.

One of my friend collected key to rescue those in the bus, only to found out that the increase in volume was still ongoing

All in Diamond bank, at 1.64 get ready to drop, because one of my good friend has collected the key from Peter to open some doors, Diamond might close today between 1.67/1.72.
They have seen to reach their bottom today.

But prayers of those that received hair cut, might drag them down to 1.40/1.50.

lancee:
Uba , zenith , gtb ..keepn an eye

There is still time. May be in July.
For now it seems, nothing to drive the market

Manonamission:
Misleading post...... This company is not listed on the NSE. Buyer beware!!!

Nice job, please educate us the more on their difference, Conoil PLC and Conoil producing.


One of the primary equity holder in one of the leading companies in refined products marketing in Nigeria ( Conoil PLC)

It's clear now they are not the same, but has some relationship.

In this their relationship, which of them contributes to the other?

Those in Eterna, how are you people enjoying the ride,, will it reach kiro 8 before the dividend qualification date, that's next week?

[quote author=Mcy56 post=67555365]Boss, you are asking the wrong person here. The question is meant for my ogas on top. [/quote Peterich over to you.

Mcy56:
I hope the market doesn't tank more than that with the red seen everywhere today.

How much low do you think Fide can go?
2 or 2.10 ?

Mcy56:
I hope the market doesn't tank more than that with the red seen everywhere today.

That's another thing, market will be dancing up and down, till around July and August.

dipoolowoo:
Diamond Bank CEO Highlights Steps Taken to Return to Profit in 2018
https://www.businesspost.ng/2018/05/14/diamond-bank-ceo-highlights-steps-taken-to-return-to-profit-in-2018/

Shareholders of Diamond Bank Plc have been assured not to worry too much about the loss the financial institution recorded in the 2017 business year as the bank plans to bounce back this year and give investors something to cheer about
What did he mean by give investors something to cheer? Is it dividend, bonus, or nice cooked result with forward looking statement?

Mcy56:
This Diamond bank 'disease ' is very infectious o. See the Fidelity that I expect to bounce back to 2.50 today.
Not in the bus anyway.

Fide will be good at 2.20 / 2.30. For short term and long term.
Zenith 27/ 27.50
UBA 11/ 11.20

One with patient can get them soon.

PETERiCHY:
For now they've become a BlackStone Bank . They will return to Diamondbank @ sub 70kobo.

*ThE OcToPuS*

Pity them at least @ 1.70, by opening some doors for escape.
Sometimes stock hardly lose 4 straight day. Bear on a particular stock, stop over at 3rd day to drink water.

As we start counting,
1st day 1.81
2nd day 1.72
3rd day 1.63.
Don't panic, if real, one want to come down, you can easily come down at 1.63 and above. Just prepare your mind.

May be some doors will be open at 1.72, while many doors will be free at 1.63 for Diamond bank passengers to come down.
Their market maker might say otherwise, by tomorrow.

PETERiCHY:
For now they've become a BlackStone Bank . They will return to Diamondbank @ sub 70kobo.

*ThE OcToPuS*

Peter the cartoon and picture paste maker.

There is no good news that will move the market for now. Next market move will be by month of July and August, during q2 result release.

mendes911:
Oando - Full Offer.
Diamond Bank - Full Offer.

Kai, this one pass village people witch oooo.

Cc:

Maybe from Bermuda triangle.
But God will surely save their ship.

mendes911:
Hallelujah. Time to buy Dangote Flour.

Is it because Peterich exit?

pluto09:
Nothing has changed.
Ci is experiencing a pull back which is normal.
Those who missed the last journey can start to accumulate now.

And by the way, CP doesn't monkey hunt,I am very sure of this.

Don't worry Diamond bank is coming down to have a handshake with transcorpedia.
Anyway, based on 2018, which of them has a higher EPS?

PETERiCHY:
Since Ramadan fast will kick off tomorrow I decide to put some of my dangflour for sale this morning @#11:90k

140kunits to be precise about 90k+units was filled the rest still pending. While the stock has traded over 2.8m units so far with #12:01k as the day high.

I wonder the GHOST TRADER that skipped my N11:90 offer and went to buy that of N12:01k.

May God deliver us from GHOST TRADERS

*ThE OcToPuS*

Peter, are you the one holding Diamond bus key. Many people are trying to escape, but door is locked up with many padlock.

See Diamond bank, see market open and close, let's see what happen today.

Anyway, is there any stock pick available for this week?

Mpeace:
Tomorrow no go funny. Chai.
Ain't selling a unit sha.

Their full offer will not reach Friday. Depending where they agreed to open their bus door
Some will escape at 1.85, some 1.80, some 1.75 and many at 1.70.

phemmie06:
Their q3 result is not wonderful but lostderful if I am correct

Then oil price was relatively down around 50+/60 dollar per a barrel.
Crude oil price as of today is close to 80 https://oilprice.com/oil-price-charts/46
But I think, their q4 2017 and q1 2018 will make a lot of difference.
They are in both upstream and downstream oil business.
They also has a latest discovery this year
http://sweetcrudereports.com/2018/02/01/conoil-hits-oil-oml-103/

They have numerous oil block

Parisfran:
You missed out the big daddy: Nestle
I don't look at PE in isolation. What is the price to book and dividend yield? What is the gross profit margin and what is the ROA? Another important bit for me is, what position does it command in its industry.

After all said and done, if a bull comes to nse all good stocks will rise and during a bear era all will fall. Only outliers defy the will of the general market trend.

Pls keep the recommendations coming, I need to read more financial statements to catch stocks like ccnn early.

These three stock which of them will you go for short term, at least 3 months duration, and of what price?

1. Conoil
2 Flour Mill of Nigeria
3. Zenith Bank

Deadlytruth:
Would you mind throwing more light on what gives you the conviction that Transcorp could break out beyond km to towards 3? Are you seeing a repeat of the Nov. 2013 journey from 1.79 to over N5 all in one rally?
I am all ears.

Am talking about Diamond

phemmie06:
True talk but what will you say about Conoil that releases result around June or August?

Expo, Conoil will touch above #40 between now and Angust, but know when to exit, either before the release their result or immediately they release.

The moment Diamond bank bottom out, I will jump in because I know that they will have good FY 2018 result. Even if it's not good, they will cook it. Vetiva kilo #5 target here we come
Many will make money from Diamond bank, but I know that most of those who are heavy now will be affected, and because of finger burnt experience, the will not near the bank for sometime.

Deadlytruth:
You have a point there though. But UBA began its reverse journey upwards few days before the announcement of Q1 2012 which was fair.

Can we say that Diamond bank 2018 result if Fair?

More than 60% active member of this forum seem to have stake in Diamond bank, and if the 60% chose to ignore morgan, meritrade, CSL, etc, sell button tomorrow, the stock might enter full bid tomorrow.

But the way am seeing it, more than 59% are worming up waiting for market opening session and sell button.

While others are seriously hunting.

Between this week and next week JIJO expert will make money on Diamond bank.

Yayira:
Really ? Cause I still remember what happened to Zenith but if you don’t let me refresh your memory, Zenith was flogged down to 26 even with its super result..

This market got a mind of its own. I’ve learnt to just fold hand look..

That has been their style. Sometimes I bigging to wonder, what came to mind is usually that they want to maintain low PE by not allowing their price to rise