₦airaland Forum

ukay2:
Oga bigjay01.....you be oga and also BIG for DF......grand papa in DF.......oga chibuking.....sold at earlier price due to papa peterichie badmouth on DF then..

Thank God oga peterichie no enter UBA...............those in ACCESS......make the driver no jump out before the passengers......

mendes911:
Prof, on that highlighted part of your post, NEVER SAY NEVER! There's 100% probability that you will get those prices before the end of this quarter.

Sir Afolabi was once looking for his traditional 1k units of Skye Bank at N4.00 and he was told that the price will never get below N6.00.....

PharmAlfred:
There is a very strong investors interest in Diamond, FCMB, and First Bank. Today's end of trade showed it all. I think there is still some upside in these banks.

As for UBA and Access, I don't think there time is now, at least until we start seeing very strong interest in them from investors.

You can't predict human behaviour. The market collapsed like pack of cards in just few minutes. The domino effect cut across board.

The principle of planning your trade and trading your plan holds absolutely.

I see a lot of 'follow follow' on this NSE. A lot of are not driven by core foundamentals of the market but largely the herd effect.

I believe the market still has a lot of room for movement.

Mpeace:
All de experts don run. Them dey look for exit button but e just dey hide. Chai, tuition fee, you are bad.
As it stands, only oando dey full bid.

Jeez2:
Please fx and BBM, using your TA is transcorp still a good buy?

Agbalowomeri:
Transcorp just entered rally zone
Not a recommendation

BMZK:
@ the bold. I guess the result is not good, otherwise insiders would have mopped everything on the floor by now.

mendes911:
Are you scared of 1pm - 2pm? LOL.

chunkuli:
you right sir, prof abeg make l package you?

emmanuelewumi:
You have forgotten your guys at the Treasury Bills thread.

DOLLARTEX:
GT 50.50 RIDE ON BOSS,IT SEEMS ZENITH IS SCARED.

Infinitisi:
So all things being equal we expect another rally after the consolidation?

fxuser:
DS
- major consolidation wh is expected after a massive rally

DF
- still opening higher on d daily but lots of selling activity , consolidation just starting also

Investnow2017:
I am missing so seriously. Hope it is not the usual default ban wahala

emmanuelewumi:
I have all FUGAZ, except GT Bank.

I am heavy in UBA, First Bank, Zenith and Access in decreasing order.
I think UBA, First Bank, Zenith and Access can still do another 50% or more on or before May 2018.

Investnow2017:
Gents why are we not talking about UBA? Access and UBA right now are moving like FCMB and Diamond. Why are we concentrating on Access? I am just curious though. Are we saying that UBA does not possess all the characteristics that describe ACCESS right now?

pluto09:
That is why some level of diversification might be healthy for investors. A stock might have all the parameters that make a good buy but the price will not move as expected .
If you have other stocks that are doing well you don't have to worry yourself about access .At its own time, the price will reflect the underlined fundamentals.

fxuser:
Absolutely
We are strongly correlated to oil price and reserves levels
See news on Nigeria ETF :
https://friscofastball.com/global-x-msci-nigeria-etf-nge-rises-3-41-for-jan-9/
https://melvillereview.com/are-g-x-nigeria-index-etf-nge-shares-a-pis-buy/575196/
https://www.dispatchtribunal.com/2018/01/04/global-x-msci-nigeria-etf-nge-announces-special-dividend-of-0-42.html
https://weekherald.com/2018/01/04/jane-street-group-llc-acquires-20679-shares-of-global-x-msci-nigeria-etf-nge.html
https://finnewsdaily.com/global-x-msci-nigeria-etf-nge-rises-2-43-for-jan-3/
http://www.fxpips.com/arca-nyse-biggest-market-gaining-stocks-jan-10-overview/

and be be lo

the Nigeria ETF was a major hit last year and its still breaking out (> $24) on all time frames. It has caught many funds attention, Esp those who bet on oil stocks & frontier markets . E[b]ven foreign portfolio get late comers[/b] , they will also look to take positions too

Like u said : We Aint Seen Nothing Yet

fxuser:
Another Ex: Wapco
- u wud note the RSi sneaked into oversold levels on d daily wt a price break above the N50 level
- the weekly RSI is also gradually making its to a 3 yr high (wh is a great signal),
- its building up nicely

dis:
dont hv any . just observing

Yayira:
Yess they'll pullback on Friday then continue to ran like Usain Bolt on Monday. NSE is on alpha-Pyrrolidinopentiophenone aka Flakka..

BMZK:
@CP, Fxer, Prof and all the Ogas in the house: Please i need a green light hint. I offloaded my transcorp but can't find a new bus to board. It seems all the doors have been shut down.

currentprice:
yes and if they make negative it will reduce FP

Toluway:
It is the most under-priced stock at the moment. I wonder what is wrong with it!

currentprice:
base on Q3,,i have N20 sir

currentprice:
itchy fingar is normal now,, Loco can tell you or do you think he just keep silent for good?

back to itchy finger on Access, when you look at UBA movement last week and remember Access fairprice i think you shoulddn't have itchy fingar except you found better one to switch to.

note; i sold half of my Access last friday and i swtich to one stock that has yield 20% as i am writing

currentprice:
full bid aready

Manonamission:
Never mind. He is intoxicated already. Diamond effect Seplat only traded at about N151 in 2016.