₦airaland Forum

BullBearMkt:
...hope CBN no go sell Diamond to one of their friends like...

If there is something I avoid like a plague, it is board room issues.
One bombshell of a dirty revelation can Khashoggicalize your entire investment.

BullBearMkt:
...day traders. but if it can survive the resistance @0.86, then I see more upside

Bids also dropping....

If you want to catch a fish, do not ask the fish, ask a fisherman....

mendes911:
Make you no dey lie joorrr. See your statement attached.

You can look for trouble.....

tiar:
We need to read to get a better grasp of why things happen.

The price movement of FCMB and Diamond has nothing to do with market makers (the argument over whether they really exist is another debate). Stock price movements (excluding manipulation) are based on investors' future perception of the company's performance relative to the PRESENT

Too many people keep getting carried away with Profit without looking to understand how the profit or loss came about. Diamond Bank's future has more potential than that of FCMB at this time. The last missing piece for Diamond is to get the under-performing CEO out.
FCMB declared a Q3 profit based on a fictitious revaluation of assets that generated N10B that was wrongly included on the income statement.

I will always cape for him that is down and acknowledges that he is down than him that says he is up but is in reality down in the dumps.

So what happens in the next three years if the CEO can't be pushed aside?

BullBearMkt:
...we have little data to work with, but top of pin-bar looks good buying point @0.23

Let this company finish diagnosing itself first....
Even you as an expert at TA is saying the symptoms are not enough to really administer treatment.
I will withhold my little drugs. Can't be treating chronic typhoid with malaria drugs...

Mcy56:
As at this hour:
Access : Bid 4.2M Offer: 36M .......
FBN : Bid 12.2M Offer 5M
Diamond : Bid 98.2M Offer zero ..... those in traffic already arrived Customs Street.

How I wish the cross deals should have a window too, so we can see what they are arranging behind us....
That is where the real confusion originates from and destroys whatever assumptions we are making here...
You start seeing 50m units of GTB crossed, 450M UNITS OF ZENITH crossed, then you enter THE CROWD...

In a bear market, we are all lawmakers, in a bull market, we are all lawbreakers....

BullBearMkt:
...I think he learnt the bluntness from Prof! Yes you. Remember how you always write on student answer papers:
-Poor performance
-He is weak
-She hardly respond in class
-Too playful
-Need to focus on his studies
-etc

So what else do you expect from us - To be Blunt

BullBearMkt:
...as @fxuser stated it's bearish, however the good thing is that the stock is around 78.6% fib level but no weekly support to back it up
-there is a strong support though at 0.95
-there is a "minor" support around the current price @1.06. If this week can give a rejection candle the better

Great. I know FXUSER did not sleep well yesterday....
The guy too blunt....
Agba must have been transferred to immigrations and delayed Fxuser's cargo with suspicious scrutiny tactics...

fxuser:
bearish

Thank God you are not a doctor. You could kill the care givers before the real patient is eventually discharged.....

This candid answer should have been soaked in enough tantalizing ingredients to disguise its bitter taste a bit, though not compromising the dosage.

Someone told you he is the main conductor on a molue and you turned around as his mechanic to confess that you sold his boss the car when it was obvious that the vivid knocking sound it is making has no solution?

Na early Momo we still dey o....

I am hanging around N1.00 here, waiting with hawkish annoyance...

BullBearMkt:
...Diamond dey bad but nobody wan sell am again With over 90m bids today, less than 1m was sold at the end of market today

Meaning that most people are recovering, rather than gaining....

We need at least two charts from you, no fall our hand for this december, else, put your address down so that we can trrop to your house..

Mcy56:
Those unusual bids towards closing has been ongoing since Friday, Santa should visit biko, its Xmas season.

Accumulation calls for non disruptive activities.
Do you first shake a branch of a tree before attempting to collect honey?
A sniper avoids detection at ALL COSTS, if he compromise his position, he has successfully replaced the target!

Mcy56:
Did someone noticed what happened towards market close? In GTB especially?

Do you think Xmas will be suspended this year?
Santa rally warming up!

735i:
Them don enter market oh!!!

Professionals observe the market ALL DAY and become active towards the close.
It pays to trade with the professionals and AGAINST the amateurs.
- Alexander Elder

Sellers want to charge as high as possible, buyers want to pay as low as possible...
The limbo of wishful quotes continue to hang...
Lone Bulls that venture into Bears territory are viciously consumed..
An attack on one bull is an attack on the rest.
Awaiting GTB to lead the way...

BullBearMkt:
...early BULLS visiting the mkt

JSE?
Na bear we dey see here o..
Maybe the Bulls are in Bears clothings.....

fxuser:
FCMB
- over head ss too much ! !
- a close below prev day close changes a lot

umm

Supplier looks like someone desperate to evade EFCC....

mendes911:
With the dilution that will come after the rights, won't it be far cheaper after the rights?

They will raise about 89B naira but how much is their debt? I can't remember but I think their debt is over 200B naira!

You are looking at N7

fxuser:
Diamond eurobond

- currently trading at >30% yield

lolx

Lol...

mendes911:
Before or after the rights? LOL.

B4/DURING.

Who has spread offers in this manner on FCMB

fxuser:
knife sharpened

Waiting AROUND N11.00
STOP LOSS N10.75.

https://trwstockbrokers./2018/12/04/lafarge-wapco-plc-corporate-actions-dec-2018-announcement-of-proposed-rights-issue/

Part of the bonanza

Just afraid to say 1 for 1, to create statistical illusion....

Share outstanding will be effectively 'doubled'.

This company should just go and rob CBN and relax...

H

Yayira:
Plain truth.. the close monitoring wasn’t for nothing..
chai just 2 million units would have wiped out 1.80 from my initial entry price..
only if that news came out early on Friday, would have just gambled it “again”


I know Oga wanj0 would say “I still need to pay more school fees”

.
When the oceans overflow, those without fish ponds can also boast of fish....
I prefer having a fish pond....

arduino:
Some people go make serious money from Diamond, while other will wail las las

Any person that will regret NOT boarding Diamond bank should know that he has NO TRADING PLAN...
Your ruin is very very very near when REGRETS are part of your thinking, cos regrets give rise to REVENGE TRADING, a SURE killer of many portfolios. Revenge trading is one of the most common reasons why dry bones rise, attempt to walk, discover movement need muscles, then collapse back...

yak:
Good day all the gurus.
I have read many pages of this thread but am still not able to make any sense out of the whole thing.
Someone suggested I shld rather put my money into equity based mutual fund. How reasonable is this suggestion?

YAK, we assign you to YOK.

Dear YOK, a disciple is here. If he fail, you fail, if he succeed, you are blessed.

currentprice:
EKUU Weekend o,

This weekend too long jare...

lammy530:
I want to teach only 20 people how to make up to #60k monthly with just a token of #1500....Inbox me if you're interested on whatsapp @ 2348154183853 .... if you can't take risks, you can never be successful

I believe you have more than 20 contacts on your phone.
If you have exhausted that, you are already a success. Do not bother about us, we are already successful.

Mpeace:
That 5% could be a whole lot of cash. I no kw sha, let the pple wey kw educate us.

Let them clear their Eurobond first.
The exchange is not running away....
Even our grand children will be buying stocks.

I am not wishing them bad, but I only instructed my children to look out for DIAMOND MICROFINANCE bank when they grow up, if they chose to gamble on the exchange.

From NATIONAL BANK to NATIONALIZED bank will be a clever shortcut.

Why should we turn our mouths into their cooking pot for their slow arriving ingredients? Who allows that?

For now, I can't go chasing a grasshopper for a meal, when a whole elephant is lying slaughtered at home. Who does that?

Question: How much dividend are we expecting from 'Dogmazie'?

Yes, it's not always about dividend, but let it remain on the menu.

Since CBN is always late with polarization, I have decided to rename it NATIONAL BANK OF HOPE.

arduino:
Too small....Was expecting something in the range of 100M-120M Bids

Diamond never had offers of that size at a time, but was granted the opportunity to marry AIICO.....
Now, they are almost at the altar together...
Just hope AIICO will not discover its excessive infidelity and pass it over to the next brothel....