₦airaland Forum

Hmmmm....

Well you made a good profit on Wapic considering your really good entry point at 72k. As long as you're comfortable bruv, no qualms.

I still have substantial positions in oando and Wapic but I'd have gone into one of the financial services companies that operate a holding structure, most likely FBN Holdings.

But as long as you're comfy, it's fine.

hbrednic: if I were u,I will be more worried of the weather.

I understand your point. I'm scarcely worried about the weather though. They've said that the El Nino weather phenomenon will set in at some point in autumn. But then, even the full effects of the dry weather spells during the first quarter of the year in the Big 2 have yet to be fully priced in by the markets.

Dexterax: When choosing your support level, how far back in history d'you go?

Cos new supports keep getting established every time. Based on your technique, you couldn't have gotten into Forte Oil at any point in the last 6 months or get in over the next 6 months right?

Toluway: My Hypothesis
In NSE, just enter a stock with good fundamentals, at a cheap price at the lowest low of the support level and leave the rest.

When choosing your support level, how far back in history d'you go?

ayztech: #DexteraxSoliloquy...No noise pls

You'll have to build your own personal blog or something of the sort to handle the bolded.

Dexterax: http://www.proshareng.com/news/23662.html

Now from the above link, it is difficult to ascertain whether it is the same fund managers who manage the foreign portfolios which according to the proshare news ranks higher than domestic participation in the NSE and at the same time, reducing exposure to equities and moving into bonds.

The media today only serves the purposes of its "string-pullers" (we can all remember the foolish Vanguard report about Oando that was published under 48 hours prior to the granting of the ministerial consent and up till today, there hasn't been a correction or a "public apology" ). So everybody'll have go into his closet, close the doors and make your own decision and accept the consequences.

Dexterax: The despicable thing about this news is that it is our own domestic investors abi fund managers that are sowing the seeds of fear.

http://www.proshareng.com/news/23662.html

Now from the above link, it is difficult to ascertain whether it is the same fund managers who manage the foreign portfolios which according to the proshare news ranks higher than domestic participation in the NSE and at the same time, reducing exposure to equities and moving into bonds.

@Soloniger

Yap. At least till June/July 2015, hope nobody plans on releasing a chemical weapon to destroy Okomu's plantations in Edo State.

Dexterax: http://businessdayonline.com/2014/07/nigeria-risks-scare-investors-out-of-equities-into-bonds/#.U8DykLGTER0

So maybe the exodus has started already. Time for me to increase my holdings in Okomu Oil then.

The despicable thing about this news is that it is our own domestic investors abi fund managers that are sowing the seeds of fear.

http://businessdayonline.com/2014/07/nigeria-risks-scare-investors-out-of-equities-into-bonds/#.U8DykLGTER0

So maybe the exodus has started already. Time for me to increase my holdings in Okomu Oil then.

Mpeace: Na COP deal we want, not just this one.

Part of the package bruv and emmm, believe me, 5% ownership of a producing oil asset is material...

Can't wait to see the financial statements!

Dexterax: l think this one works better:

http://futures.tradingcharts.com/news/futures/Oando_Energy_Resources_completes_acquisition_of_Medal_Oil_216694300.html

Alternatively,

http://www.newswire.ca/en/story/1386121/oando-energy-resources-completes-acquisition-of-medal-oil

While men are sleeping, cowboys are closing deals & completing acquisitions...

l think this one works better:

http://futures.tradingcharts.com/news/futures/Oando_Energy_Resources_completes_acquisition_of_Medal_Oil_216694300.html

Toluway: I bought Wapic at 0.72, its now 0.87, and the rally has not even started. But this stock amazes me. The last result was bad. Or is there any special news concerning it or its just Mr Market ?

It's funny the way these cowboys run paroles bruv...

This same loss-generating company - a piece of which I also own - just launched a new office around the high-brow Ikoyi area! Cream place too.

Well as you know, they're 'restructuring', plus:

- AIG is their current chairman and incoming NSE President.

- market participants are also speculating that Wapic holds the promise to tow the Custodian path...the Halo Effect.

W for Wapic mehn...

We buy the rumours and sell the facts!



#Cowboyism

bigass: nope. I will prefer myjoy08. Seems he's well endowed in pocket and in between the pockets down there

hmmm. Which one d'you prefer?

Make l hear!

@nitrogen

Where did you acquire these poker-like skills from?

Badt guy!

securi: No be you Bros, Na dis Oga Nitrogen dey confuse me. Pls make we dobale for him so he can talk o

No mind me abeg, wetin I know?

Nitrogen please na?

securi: This Bros, this information you are hoarding, dairis God oooooooooo.I beg now say something

Ah bros, I don talk am since naa?

@nitrogen

U no go kee me...

W for Wapic...

passwelle: Any confirmation on this yet? The volumes so far don't look too out of the norm.

The daily volumes traded on the stock in question has crossed the 100m-units mark twice in the last 7 weeks.

gabscity:
Good at that...
TGIF, pls whose loot are we sharrrrring?

Aks' loot oh. After dumping on..........

Toluway: Didn't you say thats the best place? I know you give them a lot of problems with your Kalaedoscopic expressions.

Mehnnn apparently that's the best serious place! The injections I'm administering keep working like magic. And since I'm not insulting anybody or using derogatory language, they can't ban me... makes it even more annoying for them.