₦airaland Forum

sultanofpigs:
This is the EDO State that Oshimoles Built.

The same Edo State Obaseki said Oshiomhole prevented him from developing by asking for the state's resources but now ended up doing nothing when Oshiomhole is supposedly out of his way.
At least Oshiomhole started work on that Sapele Road and took it to a substantial level. Why has Obaseki been unable to continue from where Oshiomhole stopped on Sapele Road?

BullBearMkt:
I don't use those...
...and why do you want me to include the indicators, is there anything that you found?

These three indicators [RSI 5, RSI 14 and Ichimoku cloud (up and down kumo)] make accurate predictions of inflexion points using TA.

Supremos:
So because Simeon Ikpa is Igbo, security operatives should allow him burn down SE?

You pretend to have forgotten how much SE people cried blue murder when Buhari deployed Operation Crocodile Smile to checkmate this madness in its earlier stages.

BullBearMkt:
@Ajibade123, YES we can buy FBNH now. However, be aware that the stock price has 50% chance of going up, and 50% chance of falling at the current price. Although, recent news' favours rising in price.

Could you include Ichimoku cloud, RSI periods 5 and 14 in your
TA charts?

sterlingD:
I was thinking that by now Geregu would pick up and move

Geregu is a heavyweight and on top of that has enjoyed its SA fueled bullish run long before now.

BullBearMkt:
‘Everyone is a genius in a bull market’ - Mark Cuban

Funny but true.

veecovee:
Pls give me that Morgan phone number that goes, the ones I have here are all not available

It seems none of their lines goes through these days.

megawealth01:
Welcome... I've been on this penny stock games since 2020

Just 2020? Then you are a new comer.

Mcy56:
Lol. I surprised when I first saw his post on penny stocks o....not today's own alone.

One thing about penny stocks is that when they go rallying up, the temptation is hard to resist. However most of those who later key in after much time wasted in contemplation are likely to enter close to the moment of reversal.

Mcy56:
Once the news is confirmed that it was Otedola that increased his stakes, then we'll see SA in action well well.

The first time he bought, we saw how investors reacted to the news.

We saw how he moved Transcorp from 1.35 to above 3......and TRANSCORP hasn't go back to 2 talkless of N1 since that time.

It would be recalled that prior to Otedola's invasion of Transcorp shares, Tony Elumelu had at several instances invaded it but the resultant rally wouldn't last beyond two trading days before it would begin to drop again thus causing regrets among those caught in the trap and others like me blacklisting Transcorp as too slippery for SA pick. I recall one monicker here who always so got his fingers burnt in all those ephemeral Transcorp rallies tied to Elumelu that he renamed it TRANSCORPSE. If Otedola could hold Transcorp to a sustained rally which eventually didn't reverse, and also having once carried Forte Oil from N8 to N320, then his presence in FBNH now might just signal something big ahead.
Caveat: Just my S.A. backed imagination and not a recommendation. Thanks.

emmanuelewumi:
That is why we should be humble enough to always make provisions for errors.


Those who expected Nahco and United Capital to come back to N4.00 with certainty are still waiting

I still find it difficult to understand how people who didn't buy UCAP when Covid-19 sentimental pressure badly pulled it down to even N1.9 which made its P.E. ridiculously low and other solid FA parameters then later believed it would come back down to N4.00 much after it had climbed to N10 when Covid-19 wind was over.
For NAHCO; Its soaring from the N5 junction was guaranteed all things being equal.

Mcy56:
Once the news is confirmed that it was Otedola that increased his stakes, then we'll see SA in action well well.

The first time he bought, we saw how investors reacted to the news.

We saw how he moved Transcorp from 1.35 to above 3......and TRANSCORP hasn't go back to 2 talkless of N1 since that time.

Exactly.
Otedola's name might just be the SA fuel. Imagine a volume of over 4bn in just a day.

emmanuelewumi:
Where is Buffett's youngest child, it has been a long time I saw him here

He was trying to read the Nigerian stock market through the lenses of US stock market without knowing that anything Nigerian is always of a world of its own.

ositadima1:
Some of these moneybags act on a whim. They don't reason at our level when moving their money. FBNH was selling below 12 for a very long time, up to one or two months ago. Only for the big investors to remember that FBNH existed at above 18. LOL

What I'm saying is that we can play it in the short term and make some money, but I won't keep my hard-earned cash in FBNH long-term at this price, no matter what PaEmma's fundamentals say.

SA in action

emmanuelewumi:
You can't get indepth knowledge of stock valuation, market psychology, money management from NSEMPA

Your input alone here actually passes for what you claim can't be gotten here.

emmanuelewumi:
MeezPat, would love to know books she could read in order to improve on her investment and stock valuation skills.


Kindly assist her with some of the books that made you better investors and traders

In my own opinion, the best book to read towards gaining accurate knowledge about stocks valuation is this very NSEMPA. It is a book of not theory but practicals written and continuously being revised by experienced investors and traders alike.

yMcy56:
The Strength of GTCO though!
Much volume and up with +N1.05 so far......
* ETI: Sighted @15.20!

Loco FTN COCOA is sighted @1.95 o..... Showing more interest from investors??

FTN Cocoa seems now driven by reserve fuel.

locodemy:
I hope it's not my monkey hunt that is still pushing chams?

I can see it's on full bid again today.

Market will continue to confuse the FA gurus the more.

Chams is simply on traction on account of the movement of other stocks of similar price category. Same with RTB and Courtville. Anyway, the ride is onto glory for the Sentimental Analysts on board.
When the SA fuel driving them dries up, exit follows.

thesilentone:
Sympathy plays

Exactly. You just took it out of my mouth. Traction is same thing as sympathy rally.

Streetinvestor2:
Oga correct me if I am missing it.SA (sentimental analysis) could be described as what is out thr on the street. Which could be politics, corruption, new investors, new policy, new direction in the economy. Insider dealings. Billionaire alignments,new contracts. etc.Or is this SA limited to some particular things

SA is anything outside FA and TA which could cause sustained rally in a stock for days consecutively. In addition to those you listed, traction is part of SA too. What traction is all about is that a stock just moves because others in the same industry are moving.

yMcy56:
Thanks Oga BBM.
Well understood. Well taken.

At some point, I was almost thinking whether Oga Emma's page was hacked or something....but it's fine.
We move!
I still have my respect for him nonetheless.

If there be anything that gives me much joy in these whole back and forth, it's the fact that it reconciled me with someone I tread his path mostly here in SA... @Deadlytruth !!
He doesn't know and we don't go along here, but was happy he quoted me today... against what I'd expected when I mentioned him. Still learning and will continue to learn.
Thanks boss.

All well and good.
Apologies for any utterance made in 'anger'.
Just know we meant well for this forum for everyone as most of us are here to learn as well.
Thanks to everyone that contributed for and against.
E Se Pupo.

Thanks for the compliments on SA. For me, SA is the quickest and safest way to realizing the ultimate objective of coming to the stock market which is financial freedom.
The SA family is a big one and we have always been together in spirit regardless of the pockets of occasional disagreements. I was actually enjoying your updates and secretly appending likes while the mutual avoidance lasted.

locodemy:
Will this opening of seme boarder not affect the automobile sector?

I didn't want to ride RTB this time because I didn't see a good financial print from them this time.Last time rally was backed up with it's Q9 results which I rushed the opportunity.

Consideration of opening of Seme boarder is an FA factor and that has no bearing on the imminent SA driven rally.

locodemy:
[/b]

The bolded is the problem.Nobody can fight Mr market on what it does.

I remember your stand in the days of Rt Briscoe.It was a massive gain then.I enjoyed it.

Yours sincerely rode RTB from 28 Kobo and disembarked at 96 kobo that time. In fact from SA indications right now, RTB appears to hold a potential for another 100 to 200% begining from next week.

Caveat:
To non-SA adherents, please this is not a buy recommendation. In fact, don't buy RTB please. Thanks.

yMcy56:
You're right sir!
ZEE and quite a lot of them comes to mind.
I've always known your stand on this SA and I think Nigerian stocks thrives on FA and TA, but much more on SA. News moves stocks much more.
Ordinarily, if we look at the share price of some stocks, even fundamentally, they shouldn't be where they are but the truth is, news and sentiments has moved them at one point in time or the other.
See GEREGU for instance, the news of Afreximbank's 5% stake took it beyond 100 to 300!
Has it come back to 100 since then? NO!
All those who picked @100, 120, 150, 200 while it was been mentioned, did they regret picking till now? NO!
It's well.

Exactly about Geregu. 200% rise on news without any change in fundamentals, and that was even at a time the market was very low in activity. One thing about SA backed price appreciation is that whenever it happens, it defies every market odds and situation. That time Geregu happened, the general market was in a very prolonged bearish/sideways movement. Same with that of RTB. SA movements are the only means of profit in time when the market remains irrational for too long.
Even under rational market conditions, fundamentally sound stocks hardly give 100% capital appreciation in the medium term let alone short term like SA does in the most irrational moments.

yMcy56:
Hhmmm. E Ku discussion o.

@ Loco, I must commend you for not allowing anyone to intimidate you to the extent of leaving this time around.

I thank all who spoke and shed more light on the issue on ground. You've all did well.

Oga BBM, you did well and also raised vital points which none of the opposition party addressed.
While these stocks were been mentioned, why did they not come out and be hammering on the need to stay away from Kobo stocks? Definitely a "Pull-down-Syndrome" mentality at play here!
"Let's watch them make mistakes so we can laugh them and tell them 'We told you so'"

@deadlytruth, though myself and you are north and south in this forum, but I must say, you completely nailed the issue on the head, provided much indepth understanding on the Sentimental Analysis and indeed said it as it is! Thanks and kudos!!

So now, is Unity Bank the major bone of contention or Kobo stocks or insurance stocks?
Let's know pls.

I for one will try as much as possible to keep movement of such away from live updates if it will make you have peace of mind!! This is not the first, 2nd or 3rd time it's generating lots of heat here. Once Kobo stocks is mentioned, some people get aggro.
Hope this will solve part of the issue....

Thanks @ yMcy56.
I have always hammered here that as far as NSE is concerned, my over 20 year experience of participation has taught me that very long term investment outlook based entirely on fundamentals alone could end up a tragedy in life. Fundamental Analysis is like basing opinions and choices on reason and logic which though should be the ideal attitude of men but unfortunately in Nigeria, reason doesn't dictate to any reasonable extent our choice making. We have severally witnessed fundamentally sound stocks declining in price just immediately after declaring fantastic results with very mouthwatering dividends while a not too good result from a struggling company causes a 10% daily rise for days based on sentiments. Why this happens is something the hard core FA apostles have never been able to explain.

BullBearMkt:
Just to understand the mis-understanding going on since yesterday.

Does it mean people should not post what they think is an opportunity again?

All stock posts must be fundamentally sound?

I still don't understand

Even fundamentally sound stocks could have their prices pulled down so badly and for very long by certain market sentiments such that the loss might send holders of such stocks back to the village.

emmanuelewumi:
But on a serious note why did you buy Afromedia, Omatek, Deap Capital and others. They are not liquid, they are not making profit not paying dividends for about 10 years.

I guess you bought them based on sentimental analysis


Monkey hunting thrives in a bull market, it is an opportunity for people trapped in dead stocks for ages to cash out and sell to uninformed newbies

Sentimental Analysis isn't synonymous with penny stocks or dead non performing stocks.
It is all about the buying a stock based on momentary positive disposition of the market to that stock for the short time it would last. Sometimes sentimental analysis could point at even fundamentally sound stocks. For example during Covid-19 scourge when Zenith fell to as low as N10 or so, SA would recommend. Also, SA would recommend Transcorp when news of Otedola's recent trading filtered in even though that did not cause any positive change in Transcorp's fundamentals.
SA radar picked and recommended RT Briscoe here last year due to the fact that after being dead for long, it became quite liquid amidst what seemed like good figures, and it ended up delivering a profit of 400% as it galloped from 20 Kobo to N1.09 in 20 trading days and has remained quite liquid ever since then.
Japaul has for long been fundamentally dead but for the fact that it strangely remains very liquid, it satisfies the most important criteria for SA picks. We recall how it did 300% from 40 kobo to N1.67 early last year on news of switching from oil to gold.
For stocks like Afromedia, Omatek, Deap Capital, DAAR Communication, etc, no Sentimental Analyst would recommend them as they are bugged down by illiquidity thus failing the most important requirement of SA recommendation. In summary successful JIJO approach to trading is primarily based on SA.

otokx:
What is SA?

Sentimental Analysis.

It seems those who are fanatics of FA have this perception that those who believe in SA are monkey hunters.
As someone who believes that SA plays 70% role in Nigeria Stock Exchange, I used to furnish this forum with SA based forecasts of price movements but had to beat a retreat when it started being perceived as M. Hunting.

dipoolowoo:
OH Ecosystems Secures $12m After Acquiring Stake in FTN Cocoa
https://businesspost.ng/economy/oh-ecosystems-secures-12m-after-acquiring-stake-in-ftn-cocoa/

Three Ways Embedded Finance Can Drive a Cashless Economy
https://businesspost.ng/featureoped/three-ways-embedded-finance-can-drive-a-cashless-economy/

FRC to Launch IFRS 1, IFRS 2 in Lagos June 26 https://businesspost.ng/economy/frc-to-launch-ifrs-1-ifrs-2-in-lagos-june-26/

Bullish Sentiments Drive NGX Transactions Higher by 68.88% in May
https://businesspost.ng/economy/bullish-sentiments-drive-ngx-transactions-higher-by-68-88-in-may/

Moghalu Blames CBN for Rising Inflation in Nigeria, Slams Emefiele
https://businesspost.ng/economy/moghalu-blames-cbn-for-rising-inflation-in-nigeria-slams-emefiele/

Welcome back.

husu:
Zenith was around #66,UBA #42, FBN #45, dansugar #60, Wema bank #15 in 2008. I bought at those prices. If FUGAZ didn't reach #100 I am not selling anything

That was the craziest moment ever on NSE. May those times return. If they do, I am sure a lot of us here will not be caught off guard again.

Cloudflare:
Dude, over here in Edo state we don't care about such laws. The law is a stupid one, the guy who proposed the law is equally high on weed. Hence we binis don't really care about it. Imagine Edo state having such laws, you think there would be any Yoruba in Edo state? Dude, that law is a stupid one and makes no sense

I am sure you won't have this take on such law if the non-Binis residing in Benin City were adjudging Benin City a no-man's-land. I guess you can recall how tussle over the ownership of Warri land caused so much of bloodshed because of the fact that when the crisis started on a mere verbal note first the Delta State House of Assembly didn't see the need to conduct proper inquiry and come up with a white paper and law on that. You think Lagos State is as non-proactive as any of the other 35 states?