₦airaland Forum

BullBearMkt:
MARKET IS SCREAMING CAUTION!!!
NSE All Share Index starts the week on a bullish tone with the index appreciated by 0.73%. Very encouraging. However, the candlestick formed after the close is called SHOOTING STAR. Technically, this indicate potential price tops and reversal is likely imminent. The market is therefore shouting caution to whosoever want to listen.

Same candlestick pattern is observed this same time last year bull run (black circle), as you can see, there was a "major" pullback in the market.

This doesn't mean the rally cannot continue, but it is a warning to those that follow Technical Analysis.

Cheers

This priceless advice should have been put on sale. It may have been valued more.
The price will however be paid to brokers in commissions.
No trade is a good one, when it turns to losses especially after it made significant gains...
Always look at someone putting his funds out 365 days for 18~22% gain and appreciate when you make 21~30% in a week or two..

When a significant gain is made in a short time, a wise investor should resize his portfolio downwards in order not to give ALL his gains back to the market with interest ( commissions)...

When you feel highly elated about your gains, it is actually a CONFIRMATION SIGNAL to downsize your portfolio ...

FULL BID can turn to FULL OFFER in the BLINK OF AN EYE and last longer...

H

Nice move.
Let a tubber of yam reach 2k so that jobs will be created.
Now lazy graduates sitting at home will have a goldmine to pick up their farming tools and dig.
God bless you.

fxuser:
- growing +ve sentiments

When this bus is on the move...it is usually airtight.

BullBearMkt and Fxuser technically alerted us weeks ago that ENDLESS accumulation was on...
I Thanked them.
I still thank you Sirs.

agisky1975:
People have been waiting for this bull for months, and you now expect them to re-invest their loot here, you must be a joker

Evil spirits are always a yard away to cause sorrow whenever you make a kill...

fxuser:
@deruggedProf

o toh jo meta

Thanks my brother.

- The riskiest time to give or take advice is during a BULL RUN.
- It takes purposeful buying to move stock prices up, but stock prices fall under their own weight.....
- portfolio sizing and money management rules will be discarded now with huge future penalties as oversized portfolios may bleed before exit targets...
- balanced portfolios will be abandoned now for badly tilted portfolios that may not carry shock absorbers in pursuit of 'ON FULL BID'

God help us all.

Rubbish.
Old cargoes ranting rubbish.
An opportunity to appear nationalistic and carry an air of importance and knowledge.
As far as I am concerned, NIA is a waste of resources as an establishment.
These organizations are crucial in developed nations but NOT in 9TH WORLD nations where even provision of drinking water to citizens by simply sinking a borehole is ROCKET SCIENCE even to THE PRESIDENCY... .
Does a NAKED man have anything he is claiming to be hidings?
If the north korean retard wants, he will even kidnap our president this night and Lai will tell you tomorrow that he went on a visit to that nation...
Nigeria has nothing to hide and nothing to discover about other nations and also nothing to spend secret funds on...
We know the purpose of such bodies.. KWARAPTION..

ihedioramma:
Madam, there is risky in every business and your life too .

Madam

I no see devil wey no go allow me loot NSE this year...

Pluto09,
What are we buying tomorrow...

makashava:
The bias on some stock is so alarming reading from some fellows here,It will be nice to allow natural law of rejuvenation and Goodwill to turn around of these companies e.g FbnH,transcorp....positive fundamentals to take it back up. Than use negative words and vetuberations to propel a stock to futher ruines just becos you don't like the brand. Or its being done intentionally inorder to enter the prospect there-in. Let's be optimistic a bit not always pesimism always.It kills effort.

Profit from short term noise, prosper from long term patience.

Godisfaithful:
Fitch: Nigerian Bank Results Put Spotlight on Capital Weakness


https://www.fitchratings.com/site/pr/1022829

They never report when their guys are taking heavy positions or looking for liquidity to exit...

This May is really going to make food available in july...
I can see hybrid seeds going to be sold very cheaply.
Share prices are never guaranteed a rocket's path.
UCAP started around N1.30 or so last year, on that journey to N4.00, we had all sorts of concerns both TA and FA. The charts never for a moment kept silence. The charts always had something to say.
Most of our analysis are always correct, but MR MARKET is a DICTATOR...
We will all eventually win. Patience is still the key.
What did Transcorp do to be so rewarded?
What didnt Zenith do, yet its only hearing rumour about stanbic from GTB.
When you hit big, watch carefully before you carry your loot to a stock doing a sophisticated pull back.
May is the month of the MONKEY....

fxuser:
FBN
- further pull back to support expected

Cutlasses sharpened far below N3.00.

pluto09:
It be like say na gbese go kill this company.
Finance cost moved from 3b in 2016 to 8b in 2017 for just one quarter, chai!

You are quick to see trouble...

Intendy:
stock with new 52 week highs

stanbic Ibtc #23.42k

no new 52 week lows

Someone has to STOP Stanbic from overtaking GTB.....

BullBearMkt:
Don't tell me you've started implementing the findings of the discussion you set its ball rolling 2 days ago

I deeply appreciated the insights I received from that discussion.
Kudos to ALL that took interest and mostly to those who participated and those still digging.
We will close it finally after 90% of Q1 earnings are out and further give us direction.

I am KEEN on these:
FO
OANDO
TRANSCORP
DANGFLOUR.
WAPCO

We have to make this forum as robust as possible and help people to make money.
We need NOT make recommendations but present our opinions in a clear way'
Remember, our OPINIONS are NOT our PERSONALITIES and so we should not feel humiliated or not properly acknowledged when OUR OPINIONS come under attack...

The discussion is on.....
We may have someone here making a takeover or in the know of a TAKEOVER that may be even more profitable than what Dangote did, we will be happy if he can help us share in the loot...

My low moment last year was when someone detailed here precisely, in golden prose, so articulately, how he arrived at what Dangote was paying for EACH UNIT of DANGFLOUR he was getting from TIGERBRANDS.
He poured good cash in that stock quietly and went to bed waiting for us to be JIJOING with JUNKS...
He had calculated he was about to EMPLOY Dangote and give him a target, should Dangote proceed with that deal. Dangote did...
When I read that post, I clearly saw how FINANCIAL DAY BLINDNESS was everywhere...
We must be in the best three (3) performing stocks of 2017...

locodemy:
I will try to stay at the leaves first then branches and finally trunk.
I dey o.

Lol....

@Loco, I have also entered FO....
The accumulation is never ending, let me sit inside the bus with TICKET bought with SPARE CASH...
FO's driver comes like a thief in the night and very recklessly drives away....

locodemy:
oga ruggedprof,life no dey go the way we dey plan am.sometimes,there are hindrances.picking courage is the ultimate.Gud pm bros.

Been busy mopping transcorpse...

How far?
This is not the time to be on the branches of trees, but on the trunk....

duni04:
Three simple facts could have kept anyone from buying diamond last week or yesterday.
1. Diamonds q1-3 results which are available with a simple google search.
2. Diamonds dividend history which is abysmal
3. The knowledge that the FY (whose direction you would have already known if you had studied 1) could come out anytime and catch you off guard.

Is FBNH a good buy?
just for the records....

locodemy:
I am the only one who knows the real game i am playing with this stock.
when you choose one stock to play,you will know when to sell and repurchase at lower price to add more units.I remember selling part of it at 1.22 and bought back at 1.12 and still participate in the dividend.
I will keep on loading fcmb as the lord giveth me strenght and will be be selling to repurchase back.

Its better to allow Pareto's law of 20/80 to work...
If the 80% is chosen by this stock....Gdnight..

Thinking:
What FYE eps is considered good for a stock selling @ N1.00?

Condition: COY is debt free.

Every single trade is bad if it does not return the expected gain within the expected time frame and instead triggers a stop loss.

The one key thing an investor is not sure of in the market is how the market will interpret facts.

JUST THINKING: Every year a stock does magic, that if one identified early, would have greatly profited him. Can we suggest and analyse to benefit us here? At times, some people may have hidden/insider knowledge or just amazingly interesting insights

Last year, DANGFLOUR moved below N1.00 to over N4.00.
I almost took a cutlass to question the elders in my village....
That journey was done through level grounds, hills and valleys. It was like magic. At times the fundamentals, at other times the Technicals threw us all overboard on that journey, our life jacket was our STOP LOSS and POSITION SIZES....

Which stock do we think will do this in 2017 or are all stocks presently overvalued?

Lets kick start an interesting discussion...

BullBearMkt:
...unfortunately, I've never tasted it. lol! Wao!, its Diamond Bnk, I miss it up...

Even Transcorpse, I get no worry....

locodemy:
You bought at 70kobo and sold today @95kobo and you have the gut to call ruggedbaba a smart trader?
pls why dont you call a spade a spade.I know rugged more than you do.I dont think he is smart in this one.
we wait for 2morrow to see market reaction towards the python my eyes just saw this evening.

unless Q1 is rolling.

BullBearMkt:
@locodemy, I guess DeRuggedProf is a smart investor/trader & knows where it is good for him to exit in case the market is against him...

& come to think of it, if I were in his shoe and entered the stock today even at 1.06; I wouldn't say because of all the analysis going on this forum, then I will exit my trade tomorrow! CAPITAL NO... All what we've been saying are just NOISE! The real determinant will be known in the next 2 days direction. And beside, the weekly data is not bad at all...

NOTE: This post do not directly or indirectly ask people to BUY as a pullback is imminent. I posted the opps for BUY couple of weeks back at 0.70 & that is the exact price I bought before selling 60% of my holdings today...

Since you did not sell ALL your units, they will NOT agree with you.....

locodemy:
Remember that fcmb was once sometime this year @1.39 and today 0.99kobo.
The same insiders everywhere.Dont you think the same insiders will pull it down to 80kobo and bring it up again against the Q1.
I hope you learnt something @ fcmb..............few weeks ago.

Time and patience has its day....
It just rewarded peterichy this week...

BullBearMkt:
lol!
TA would have warned you that you're treading on a loose rope; as people greediness is on the increase (overbought) and reversal likely imminent... Anyway no worries, the chart is still in good shape till it goes below 0.8

I was adequately warned....
Overbought MAY or MAY NOT continue....
I did not want to be trapped in 2016 and joined the greed of 2017...