₦airaland Forum

mojiayeni:
Hello all,
Make una help me . I am a JJC and I need advice on which shares to invest in for secondary market.
I am waiting for your responses.
Thank u in advance.

senkelvin:
Hello everybody
  I am a  beginner in stock. How do i invest in stock. please i need your advice. Hope to hear from you. email: senkelvin@gmail.com

Even if it is the last 20 pages you read, you will get good answers!

There is a guy who has been asking about AFRO OIL since whether to sell now, can't trace him again. Based on the candles (excl today's prices), it suggest the bear run i.e. downward trend is not over yet. CAVEAT EMPTY, EMPTRESS, EMPTOR, ETC.

The Decision is yours, are you long term or short term, do you believe the company has potential or you bought it at a whim, did you buy with borrowed money e.t.c?

aktopgun:
E gba mi. Which one be watching closely

well if u have been one of the silent readers u would have noticed that i don't do CICO but from some posts put up here, presco, rtbriscoe and ikeja hotel come to mind.

Caveat empty well well o!

AKTOPGUN, oya I mandate you to go on a 30mins break from Nairaland, go and give Mrs a backrub or something, otherwise they will continue watching o .

Where is the price list for today o?!

@Tiwantiwa sorry jare, I no wan fari lehin olori, I forgot to put Caveat Empty abi wetin call

aktopgun:
Yes!

You probably thought i was from the east because my son's name is tobechukwu abi? i am yoruba and my wife is ibo. Tobe chukwu na im ibo name.

I see so you are Tiwantiwa!

As per Tobe, keep holding on fast to your confession of faith, it is a settled matter.

Thanks for confirming my reading,  e be like say TA still dey my body small, ope o, I neva use all chop amala.

aktopgun:
its a good site posted on here over the weekend. it is good for beginning to understand candlesticks. However, not enough patterns or explanations.
if u want to effectively use it to trade i would suggest u get the book by Greg Morris called Cnadlestick charting explained. Goldmine!!. the bible of candlestick charting outside of sakata's own candlestick charting book.

@kayodeus

oloruko egbon mi! u go pay o! try this charting site and type in candlestick charting- stockcharts.com

@AKPTOGUN.

Shuo,  I assumed you were from the East, how come your brother is called Kayus? !

The candles say ABC still Turboing ahead based on yesterday price, the 10, 25 MA moving favourably ko.

Confirm my conclusion with a Yes or No

shigidi:
i still don't understand why diamond hasnt made some significant movement.

Some smart dudes are converting their GDRs into ordinary shares and selling at profit is one theory.

Dumped my own diamond @ N23 when I knew GDRs conversion were in the offing.

After the GDRs convertes don settle e fit begin take off.

Highlander:
Nobody fit catch NASCON when it finally takes off.

Why do you think so?

yodiyokun:
@Dolly, Unity never reach 12 Naira ke its still 9 Naira.

They have to release some sort of result to stimulate interest in the impending PO, so your guess is as good as mine.

@Yodi, I Know.
I  was just simply sharing my opinion with aim of sentising holders of Unity not to be too greedy else T.S may catch up. At the same time was wondering if others had a different opinion.

noshaking:
Hi All,

I really appreciate your contributions towards educating people on Financial (Stock) world. 

I gave a cheque of about N60,000 to my stock broker to buy equity assurance shares for me from the current market this was when it was still at N3.90k but he didn't do that until two/three weeks later when the price rose up to N5.28k.  I have noticed that my stock brokers always buy higher than the price in the newspapers anytime I gave him money to buy stocks for me.

I just want to know if this is right or is he cheating me or something by buying at higher price

He is not necessarily cheating you.

Always put a cap (i.e. maximum price you want to pay) when you tell your broker to buy and it is also good to sometimes put time limit.

Call you broker often as well to keep a rapport going on.

ololufemi:
@ Wanaj0,

oga Wanaj, na wah oh. At least them pay dividend.

Much more still dey Wapco and I dey inside kampe.

As a FO2 follower I would have thought that you would drop the stock as soon as result was announced.

@All
Anyone seen todays prices yet? Pls hook me up

zomike:
--------------------------------------------------------------------------------
@ pumpping

hello pumpping
i can see you online, abeg help your sister light candle put for this firstinland bank wey i buy.
what are the prospects,i am lookind at bailing out at 14.50 after the lifting of the technical suspension
i bought 500,000 units at a discount @ 12.00
what do you think or shld i sell off immediately it is lifted.
i am in for SIRO
THANKS
waiting for your reply
Aktopgun please put mouth ,suggestions are welcome generally

Sorry I know you did not ask me but why do you think first Inland is discount @N12 
Uptil now they are yet to release their result _{(abi I missed the news ni).}

I think the shares will fall immediately after T.S except they pull a big rabbit out of the hat.
_{My own thoughts o}

@All
Having said that I was surprised that up to 80% of First Inland PO was underwritten by ? _{I have forgotten who now}.

yodiyokun:
Hmm - You this dollycute1 , you eyes just dey go to and fro all stocks

I want to be like you when I grow up

Na me you dey flatter so, o ga ju 

pumping777:
You see say the reverse fit don cool down from the margin of yesterdays drop compared to today's drop.

This one no even matter. The real action go start when them drop the interim results. Q-1 and Q-2 are outstanding right now and if they are doing PO, these must comot. Na that one suppose do d magic.

I estimate they need to deliver Q-2 PAT of around N3.5B-N4B to make the stock head north. For a bank that did only N1.37B FY 06, this is a very tall order. Just my thoughts.

Was gisting with a friend who thinks Unity can get up to N15.

My stance was compare Unity with Fidelity as in what price was Fidelity when it went on T.S
And especially this days that many folks are getting wise with price manipulation and T.S shenanigan, most folks are buying on dips and quickly dumping on highs

Common, why will I buy Unity at N12 and risk T.S when Fidelity is looking at my eye korokoro.

If I had it I will bail at N10.50-N11 max

Let them bring their big mops to mop o because Unity must struggle enter N12.

Just my own observation.

yodiyokun:
For the peeps itching to join the Afroil and eternal oil train -

They have depressed for 4-5 straight days now - this might be a good opprotunity for RIRO.

BUt lets wait for Aktopguns candle analysis on the 2.

Afribank no gree break resistance ooo!!!! People are not feeling the news peddling oo!!

I will still wait on Afro Oil it is still on the downward decent, Eterna oil indicates a bull run may soon follow.

What was that rule for Thursdays and Fridays buying as per FO2 again?!

blueband:
Gave my good broker order to load more ABC tomorrow.My problem is whether I will find it to buy.Because of the deep silent pockets on this thread.

See them o  they want to chase this ABC off the groound finally ehn.

The more the merrier sha, I hope my broker is sharp enough to get some for me otherwise BLUEBAND you must to pay omo onile commission .

I have a serious Dilema now sha
With all these overhyped stock prices and Insurance TS fear, I am really at a loss of what to buy next.
I want to do CICO for a change with some change that has come in unexpectedly.
Oya PUMPING, AKPTOGUN, WENDY where art thou?
I even fear to ask that you mention a stock name now because we know what happens next.
Just speak to me in japanese codes  

POs - I am more than immuned   - Oceanic has not released my certs since and from YodiYokun's comment it seems I have to go to Naija.
Which kind rubbish be that? Add ticket money to income loss because of the 4 days trip .

RoughCut:
Anything the windy hurricane lady touch Na to sweep am commot for floor. Na wa o!

Funny enough i was actually reading about ABC taking up the railway network franchise. The governmenti is in the process of ceding the railway monopoly and inviting private operators to partner with them  to run the system and guess what? when i use the word 'partner' it means the government will actually give the private operators money to run the network that will be making them profit and ABC is in pole-position!

Can u imagine?

Abeg no rub the pain in jare.
Let's see what tomorrow holds but it looks like that the BUS abi wetin call don leave station now sha.
Even Elder Napoleon put mouth for the stock yesterday.

@Windywendy
I no blame you na, na myself I blame say I for carry excess baggage on this flight as proper Naija babe especially since belle _gut talk say may I carry the overload.
Oya welcome join me chop the gurudi and epa they are serving  

windywendy:
Ah na so I dey look my spreadsheet early this morning dey look for stock wey I fit use do quick CICO. That's how my eyes come jam ABC o. Needless to say, I cycled in big time today. So dollyp1cute, na me and you dey for that flight now o. But I'm not in this one for the long haul though.

No wonder my broker said he could not get any on the floor today, I knew that it must be the DEEP POCKETS of this thread that attacked.  

E just dey pain me small say na small coins I use buy.

No shaking I no greedy

[quote author=Mr. Risky link=topic=31554.msg1976980#msg1976980 date=1203517906]Lest I forget, here is a suplementary list of stocks to buy, please be mindful of the FUNDAMENTALS

Wema Bank (JIJO - Jump in Jump out)
Spring Bank (DIDO - Dash In Dash Out)
Second Alluminium (In case you are unable to find First)
Footwear without Accessories (Check the NSE list, wear your glasses)
Onwuka Hi-tek (Heard about turn around effective 2015)

Or buy anything, afterall anything that goes up must come down,

YOU ARE SURE OF MAXIMUM RETURNS IF TAKE LOAN FROM UBA

AGAIN CAVEAT EMPTY[/quote]

I DON TIRE FOR ALL YOU GUYS NOW, I THINK YOU ARE SUFFERING FROM TMMINSE (Too Much Money In NSE).

May and Baker finally paying me back.

ABC broke N4 barrier today and my broker informs me it was scarce on the floor _{wish I had loaded more.}                                    

Seriously whethere you SIRO, CICO, DIDO, RIRO, CANDLE remember that your broker is key o.

loma:
You know you are thinking too much of your NSE portfolio when: The NSE drops 10% or more, you demand your family skip one meal a day so you can quickly raise cash to buy stock at the new, cheap levels.

You will not CICO me out of my job, na lie you talk, my teeth and job must remain in long term.

pumping777:
Hmm. Just assume this is medium term and wait for GTB's full year results. Since you have waited so long, just wait it out.

There is a good chance of price rally if GTB performs as they have always done. The Q-4 is usually the key for GTB so I advice you wait for it. End of year is Feb ending and once insiders start to get wind of results and it is very good, movement go begin.

You may not even have to wait for the results to be announced. In a couple of weeks you should know where you stand. Good luck sha.

GTB
I concur with Pumping hold at least for their result.
My broker reckons a bonus is in the offing, if that is the case then your wait will pay off.

ABC
Can't really say what is pushing the price ABC Transport because full year is not due till May/June _{but I am not complaining on my small loot}

Possible sentimentalist reasons:
It is enjoying the BULL run of the NSE
It is one of the few companies left on 1st tier which is actually in business and priced under N5 and hence potential for more yield, maybe some inurance money for fear of T.S is being diverted into it.
The stock is medium term for me

@ALL
E ku ise o, it's hard to keep up with thread sha, tew much knowledge dey flow and I for contribute more but what's left to say after dem don they even carry candle

@ELDER NAPOLEON, WHY DID ABC MAKE YOUR LIST. I HAVE MY OWN REASONS FOR OWNING THE STOCK BUT WILL LIKE TO HEAR FROM AWON AGBA.

@ ABC flight is up 20% already abi I am seeing double ni?
What is driving the price _{I am not complaining o it's a medium to long term anyway.
Come to think of it most of my stocks are long term (except when I pulled some 2 months stunts with Diamond)}
I think Risky is also on board.

NBA:
HABA!

This goes against the spirit of this thread na. How many emails a day should the guru's respond to?

Please let's share information openly and learn form each other.

ABI O

HOW DEEP POCKETED CAN YOU BE, 40m NAIRA IS NOT SMALL MONEY.

pumping777:
yodiyokun hit the nail on the head when she said the insurance sector is a mine field right now. This will only put more pressure on a PO-Free insurance stock like Aiico.

So is AIICO the only TS free insurance stock for now?!

Surely they can not all go to the market at the same time na? There is a limit to the tew much money wey dey NSE especially when most peeps are now CICOERs.

loma:
Bull Market is a random market movement causing an investor to mistake himself for a financial genius.

Bear Market is a 6 to 18 month period when the kids get no allowance, the wife gets no jewelry and the husband gets no sex.

A long term investment is a short term investment that failed. e.g the Nascon 1-day sale last year

Economics is an extremely useful method of employment for economists.

The market is weird. Every time one guy sells, another one buys, and they both think they're smart.

The best time to buy anything is last year

Technical analysis is the art of drawing a crooked line from an unproved assumption to a foregone conclusion.

A technical analyst is a person who thinks that nine women can produce a child in one month.

Spend at least as much time researching a stock as you would choosing a refrigerator.

Remember the First Law of Technical Analysis: For every analysis, there is an equal and opposite analysis--so for every bullish analysis, there is a bearish one. The Second Law of Technical Analysis: They are both likely to be wrong!

We have two classes of forecasters: Those who don't know--and those who don't know they don't know!

February is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and October!

A market analyst is an expert who will know tomorrow why the things he predicted yesterday didn't happen today!

Have a bullish week!

THIS IS GUY IS FREAKING HILARIOUS.

PLS DON'T LET THE FOLKS HERE BRAND ME AS KOLO GURL LAUGHING AT HER LAPTOP O

MAY GOD FORGIVE YOU

pumping777:
Sorry. Na because I put .dot com join am.

http://www.cashcraft.com/

Thank you

pumping777:
He come be like say www.cashcraft don start to dey represent again.

Bros seems you spoke too soon o, cos the link is not working.

FatherOF2:
No oh. Na time go TALK and PROVE am.

I ALWAYS KNEW IT ABACHA STILL DEY ALIVE AND HE IS ON NAIRALAND!!! 

ABI NO BE SO     

FO2 TALK NOW

@NAPOLEAN - NOW I AM KIND OF PEEVED OFF

I PROBABLY NEED TO CHANGE ALL MY SIGNATURE HERE BEFORE SOME GONZUKI DECIDES TO STEAL MY ID.

BETTER STILL I MAY TAKE ONE LEG TOUCH MURTALA

Discussion of this development takes place on The Money Show of This Morning on AIT (local and BSkyB - Europe).
********************************

In the first of apparent moves to re-instill public confidence in financial reporting, SEC has ordered the freezing of accounts of the sacked management of Cadbury Nigeria Plc.

This is coming on the heels of recent disclosures about the financial reporting of firms such as Union Dicon, NAMPAK and lately Wema Bank Plc.

In its statement yesterday, The Securities & Exchange Commission noted with dismay that while the company's accounts and the affected officials were still being investigated, some of the directors had made moves to dematerialise their shares probably to sell same.

Though SEC said the intention of the people was not known, it, however directed the freezing of CSCS accounts of persons so identified to prevent a pre-emptive sale of those shares.

To ensure that the officers’ shares remained intact, SEC advised the NSE, CSCS and all stockbrokers to be cautious in matters relating to the share accounts of the executives or officers of the company.

Two years ago, the accounts of Cadbury were discovered to have been overstated to the tune of over N5 billion.

In the wake of the company’s mis-statement, the managing director and the financial director of the company, Mr. Bummi Oni and Mr. Ayo Akadiri, respectively, were relieved of their positions so as to allow for unhindered investigation into the matter.

The commission's Statement said:
"It has been observed that some directors and senior officers of Cadbury Nigeria Plc, whose roles in misstatement of accounts are under investigation are now dematerialising their shares and lodging same with the Central Securities and Clearing System (CSCS).

The intention of this is not known. Consequently, SEC hereby directs the freezing of CSCS accounts of persons so identified to prevent a pre-emptive sale of those shares”.

The Nigerian Stock Exchange, CSCS and all stockbrokers are advised to deal with caution in share accounts of the executives or officers of Cadbury."

WATCH THE MONEY SHOW today on AIT with Boason Omofaye as we discuss this developments and more, Time: 10am to 12 noon.

@Akptogun, thanks

In short the circled candle which is engulfing indicated the possible reversal of upward trend the 2 candles following indicate tie between sellers and buyers. May we not be hanging men in Jesus name

@Emachille, thanks for the IBTC list, that was I tried posting earlier but it was too large for upload, I know you usually post it but it took a while and thought you were on holiday.

aktopgun:
in our case, using nigeriansecurities.com, the white real body u see above would be green while the black one would be red

we will eventually all be able to follow the gist, slowly but surely. to show say those oyinbo on bloomberg them no get two heads!

@AKPTOGUN, EASIMONI AND PUMPING

What do you think of GTB medium term

aktopgun:
but with a caveat, u see, even on green days, if there's a long or short candle wick it is still worth looking at how the intra day struggle between the bulls and bears went

Red may signal the beginning of bear market for the stock but you need to compare with previous pattern i.e. is it an engulfing one in which case you wait for a day or two to confirm.

Candles however are more for short term markets and also signals good entry point for a stock you want to go into for a long term.

@Akptogun mark my answer paper

Although since Akptogun dey here I no wan read my candles handout again.