₦airaland Forum

look like news is changing things to the favor of the mkt/BULL.. price is above the white line now. not too good sign

fingers crossed

^
^^
planing to close one as soon as possible in profit and keep other

currentprice:
i am taking my SELL trade in few minutes time. SELL side have the least risk for now

oyel traders make bring out your knifes, let go for the bear killing

Trdae taken at my side

Good luck to CP and other oyel traders

currentprice:
hmmm,my bias has change to SELL... price close mkt today below the white line is a SELL confirmation for me.

stay sideline continue watching. Lol... me and mr market day build trap 4 catch each other to catch maga

patient is the key

i am taking my SELL trade in few minutes time. SELL side have the least risk for now

oyel traders make una bring out knifes, let go for the killing

priceaction:
currentprice that 46 to 48 represent standard 200 pips right?

yes brov

hmmm,my bias has change to SELL... if price close mkt today below the white line is a SELL confirmation for me.

stay sideline continue watching. Lol... me and mr market building trap 4 catch each other. who is going to get trap. time will tell

patient is the key

currentprice:
Hmmm, oyel is showing a sign of BUY, though too early to decides. above the mini support levels will bring an opportunity to BUY for me. but if the levels failed i am SELLING to 44 levels. fingers crossed

patience of crocodile continues

looking like a BUY day. waiting for my time to come for my entry

patient is the key. no rushing

Hmmm, oyel is showing a sign of BUY signal, though too early to decides. above the mini support levels will bring an opportunity to BUY for me. but if the levels failed i am SELLING to 44 levels. fingers crossed

patience of crocodile continues

mrikay:
Boss are you using a copytrader?

no brov

EKUU mkt o

BullBearMkt:
...to me the current price level is strong to witness a reversal before election

reversal is what everyone pray for but chart posted is the picture of what mkt says to me for now. my interpretation could be wrong so as yours. mkt have the final say

oyel chart

technically NSE chart not in good shape, price closed to 28k more stronger

Yayira:
CP you really think Access is Father Christmas to just offer to pay 3.13 + 1 naira for a “dead bank” ?
Hmm i think there’s a lot you and I don’t know about diamond bank and only those in the banking sector knows..
Now, Access is not the only one in line willing to throw money on this same dead bank.
The Carlyle group are ready if only the Dozie’s will accept their terms but no! they prefer Access bank..
which shareholder go get mind to pump in more cash on top him 20 billion naira loss If the bank is truly “dead” ?
Uzoma is diamond bank’s problem and both Access and Carlyle knows..
Any back out from the deal, will be from diamond bank’s end and I’m suspecting the carlyle’s..no depress on Access banks share price will make Access back out if diamond bank shareholders agree to this deal..

...And the rumored right issue that we are yet to see on nse corporate disclosure IF true, seem like a luring why everything happening the same time? because diamond people go still benefit from here too.

Anyway make I go back to BBM glass house dey watch things on 4D.. me too shock when I see 3.13 Access add 13kobo to my 3 naira dream..This can only be the hand work of God

I agree not every information about the deal/diamond bank known to small holder like me but the information I used to consider Access as a stock to buy has
change, the reason to pull out my fund stay on the sideline to watch. Of course diamond share holders have nothing to lose to support the deal but watch closely and maximize this opportunity to your advantage. I hate technical suspension not at this time oyel keep falling.

oyel price not in good shape. below 48 levels call for 44 support

patient is the key

Tunderr:
Sounds fishy, you should at least have minimum info. Good luck.

Lol... sound like yahoo method. start the telephone conversation then refer the receiver to someone else that will finish the job

mendes911:
Let me play the devil's advocate here.

What if sellers depress the share price of Access Bank and Wigwe decides to back away from Diamond Bank deal? Is the deal binding or open to refusal?

honestly, Access on it own is juicy at cp fundamentally. i can hold and be happy even if price fall below N7 but the agreement with diamond doesn't go well with me. Access is known to be smart negotiator, how come access valued a dead bank more than what it worth while alive.

if the sellers depress the share price and wigwe back away from deal. it an opportunity to enter at a cheaper price. the only thing i have control on is to take back my capital and watch how things work out. there is always mkt tomorrow

EKUU oyel falling. oyel now at $57

with the recent agreement with diamond. currentprice dont like access bank anymore. better to stay far away from this bank till things settle. recent spike in price is an opportunity to bail out.

currentprice:
it look going down more. there might be gap down on Monday but enough is enough for my side

All trades close with cool profit. back to my drawing table

closed too early on my last trade

interesting days ahead. pointed levels must not give way easily like that. failure will send price to 44.25 ^{not good sign for my country}

how mkt close today is very impotant

EKUU MKT O

teemy:
Nigerian chart pattern traders needed.

Tunderr, Bignasho, currentprice, priceaction, shevychen2, redsox11, BullBearMkt, PIPnator, ... anyone else with a track record and relies on chart patterns in trading is encouraged to contact me on chat for fund management.

08057030733.

i am trading four account at the moment. it doesn't take anything from me to add his account for commission, if he is in possession of large fund

aremso:
Gurus, is access good to buy now?

this guy love Access, he knows Access is fundamentally cheap, his target/timing to enter mkt was so on point but double mind/FBNH consideration and bonanza talk make him missed ACCESS at N7

now asking if Access is good buy @ 8.15

Mcy56:
That letter seems like a doctored one. Access is not that generous. Several other things to consider.... coming from newbie's perspective.

i doubt it is doctored, letter already on nse site.
am happy for diamond holders but taken such a risk in future not advice able

Mcy56:
On diemond, while waiting to hear from Access' side too, I tried to check the price should diamond's story be true:

It will be 2.29k (7units) to equate 2units of Access (using 8Naira).....if I'm right.
The question is, can it get to that price? I seriously doubt this, when Fidelity is struggling with 1.90, Fcmb 1.60.
Can someone just look at it objectively too.

Caveat: This is not about anyone whatsoever; not an encouragement, neither is it about giving hope nor discouraging anyone. It is viewed strictly as stock on NSE. I no fit shout.

which Access side again? though not approved yet by the shareholders of both company but for Access to agree with this, they must have seen worth of diamond to be greater than what we layman seeing.

http://www.nse.com.ng/Financial_NewsDocs/24596_ACCESS_BANK_PLC._CORPORATE_ACTIONS_DECEMBER_2018.pdf

735i:
http://www.nse.com.ng/Financial_NewsDocs/24598_DIAMOND_BANK_PLC_CORPORATE_ACTIONS_DECEMBER_2018.pdf

What I know is now public information.

Or the rest of you who trolled me.... I only wish you would have sense.

Yariya.... Enjoy your good fortune!
Ciao

at least we see clear information now.

BullBearMkt:
...that is for loco, but for those that participated, they hardly forget

for thw whole suspension period with 200m bid no offer daily,,,the believe then was it will be on permanent bid straight to over N20 if not 50

so my point is pple should not see current diamond bid as the basis to hold or buy diamond with rumor flying around

BullBearMkt:
...I disagree with you on that! After the suspension, the stock rallied from about 6 to almost 10. That is more than 40% gain. What else do you want in buying and selling stocks?

i disagree with u too! LOCO is the best person to confirm this. he sold shortly before seeing those large bid and got depressed thought he missed golden opportunity, when suspension lifted. the stock no even near that your figure.

pls dont give too much HOPE to diamond holders cos of this 100m bid we see now. remember oando have over 200m bid for many days when the stock place on technical suspense while pple thought the stock will move straight above N20 after suspension. we know what happen thereafter.

dont miss this golden opportunity

in my opinion, some of our member that talk good about diamond with on going rumor owns diamond bank and they post to secure their investment.

my own advise is pple that owns the stock should use this golden opportunity to jaaaa. if the news is confirm 100m bid may turn to 400m offer within minutes.

If the rumor is true. Sorry for original diamond holders na you I pity. recent buyers got enough warning from this thread.

For the Access holders congrats. according to my Boss. You might get free units of diamond bank. He said free units was given to access holders when access acquired intercontinental. enjoy one of the benefits of buying share of a company which the Director owns large number of share of such company. Such director will represent well.

DeRuggedProf:
You were discounting my CROWD mentality Abi?
Why are we buying Sterling @ N2.00 with EPS of 28K in the midst of better valuations?
We are attracted to the well calculated stringing flow of eye catching executions.

Yayira sold. I am 100% sure.
I will buy more if it gets to 65K to average down.

Despite the 28k EPS sterling fair price is above N2, and no rumor bad flying around for the bank like diamond