₦airaland Forum

We need a scribe to start taking notes to write a book. Any takers? Too much info/knowledge being archived on these pgs.

pumice:
@ yodiyokun
Very observant. If I get your question; like easimoni said, the fact is you can't be sure if price is going down or up. You just have to wait to see which trendline price breaks and then trade accordingly. I was biased to the price breaking top blue line just because we were in a bull market but one never knows. Perhaps anyone with fundamental info on Airservice can shed more light on the stock.

Now that is the KOKO Good a reason as I can think of.

yodiyokun:
Difference between divergence and convergence? teacher easimoni?

also how can you be soo sure that this convergence will produce postive price action since it can also produce negative price action?

Sorry, my question too much!!

See another example below. How do you know whether the breakout is +ive or -ive? I think I'll need Larry's crystal ball for dat one!   I'll consult John J Murphy and get back 2 u.

yodiyokun:
Pumice and Aktopgun,

Oya  show your color and explain that chart you paste to me.

I tell you I don read this thing tire, I no fit understand how picture dey give signal.

I just dump the murphy book I dey read ojere,

You see the two blue lines pumice drew? They connect the "tops" and the "bottoms" of recents trends. When the lines converge, something must give! The price must go up or down sharply AKA "breakout". Pumice is saying (u see the black arrow?) the breakout is happening right before our eyes. And it should be a +ive breakout.

pumice:
Hello guys,

Just wanted to call you attention to the Airservice breakout of the wedge today. I do not usually include MACDs, but I decided to today after reading that wonderful primer by aktopgun.

Cheers.

Invaluable stuff! I wish the fundamentals were stronger but a FY 2007 PE (expected) of 32 is a bit too pricey for me, but I fully expect it'll obey your trend analysis.

[quote author=Mr. Risky link=topic=31554.msg1943245#msg1943245 date=1202743685]Again, what will happen to Sterling bank once lifted from the TS and goes ahead to announce some IMPRESSIVE RESULT?Who is looking at that direction like this handsome guy [/quote]I'm looking but I own Wema, once bitten   you know the rest! Who knows when Sterling comes off TS?

Temmie10,
na your face be dis?

@ ALL,
my musings after seeing today's numbers:

[list]
[li]Deap Cap and Big Treat both dropped points; the party is over (?)[/li]
[li]After losing ~20% in the previous 7 trading days, Trans-Expr gained today. It may have bottomed-out. Grab your copy now[/li]
[li]The N50 resistance seems real o. Even Zenith is butting heads with it. UBA failed to breach it. But the Elephant just broke through it!   If FBN can sustain a run above 50, the next set of results by UBA/Zenith/Union/InterCont may be enough to wipe out the resistance. Get your UBA now/soon. See what AP did to the downstream sector, esp Oando[/li]
[li]Blood-letting continues on the Ins dance floor. Too unstable for the faint-hearted.[/li]
[/list]

adeyinkat:
I'm exactly in the same shoes & socks here, it's quite baffling that with the volume of trade & the fact that the stock has been on net bid, my broker has not been able to sell! Any explanations please?

@ Adeyinkat and DisGuy,
If your brokers can't sell a stock that's been on net bid for 4 days, there are only 2 issues;
1. You put a limit on the sales price which handcuffs your broker. remove it.
2. You broker is incompetent not aggressive enough. Threaten to report him/her on Nairaland. Seems to have worked in the past.

blueband:
Lets give flakky some credit for apologising.Afterall this is a faceless forum and he can change his username and still not apologise to anyone.

Abeg,I get idle money with my broker o,I need to give orders tomorrow.Anybody way get expo mail am to me :bluebanduk@yahoo.com.

Aktopgun,abeg how u dey deal with patients when them meat you for road.One of my patients see me this morning for train come sit down next to me,dey tell me how him dey take him Clozapine as prescribed and [b]how the voices don dey reduce and the guy was shouting and calling my name.[/b]Walahi shame catch me,because the guy dirty no be small.Na my fault to live near my hospital?

LOL! I shouldn't be laughing but it's soooo funny.

If u don't have UBA, buy some. Otherwise, get u some Longman or RT Briscoe.

blueband:
I don dey take style fear this forum o.

I dey fear too. Can I call a truce so we can focus on the issues at hand?

Latest OHLC + Volumes below. Valid till Feb 8

This forum sha! Nascon gained the max today. Let's see if my broker will earn his pay today

FatherOF2:
GTB don present one of e last chance last week of Jan. E dey repeat that pattern yearly.
Easimoni you go agree on this point. We discuss this GTB issue last December.

100% agree. Still good CICO at 36.

babycool:
I just bought from shares fro bank Phb IPO, though not much but they seem to have appreciated well, I just want to know how i can register them with a stock broker

If you already have a broker, give it to your broker to register. If not, you need to open an account with one. You may need to add cash if the value of your certificate is not up to the broker's minimum.

EMMAACHILE:
NNFM seems to be out of its losing streak though should be a short term candidate.

debenzd:
I HAVE BEEN TRYING TO GET NNFM. NO LUCK!!!

NNFM released solid results 2 days ago. No sursprise it's now scarce and heading to Maiduguri.

[quote author=X-2-X link=topic=31554.msg1926241#msg1926241 date=1202312602]Can someone kindly confirm the number of shares that were listed for DANGFLOUR ?

Thanks.[/quote]5B shares.

yodiyokun:
Meanwhile -- Obama rocks !!!!!!
Onward to National Convention!!!!

But I digress!

Not only digress but failed to see the Clinton light. She won more delegates last nite. He won more states. Race is wide open.

shigidi:
AND TO THINK I SOLD MY UNIC AFTER MAKING 40%. ITS NOW GONE ON TO DO ANOTHER 40% AFTER THAT. NA WA OOOOO. SO MUCH FOR FUNDAMENTALS

Win some, lose some!

upward:
Thank you so much easimoni, may you walk and never stumble, for the book wey you dey read, you go dey pass exam well-well.

Amen! Amen! Amen!

ALL insurance companies (except Royal Exchange) gained the full max allowable today! At an average of 15M units per company. Na wah o. Wendy, na u dey perfom so?

easimoni:
The aptistock thread is good till last friday. Na pro-bono I dey do so na once a week I dey update am . But because na you, I go update am in 15 mins. One-time offer only.

https://www.nairaland.com/nigeria/topic-103844.32.html

Aptistock data is updated

Now I have to work.

SOJ:
@ easimoni
thanks o.silly me,4got say i gotta restart my pc to enable the new software.it now works thanks o.
thanks for the new csv file too, man.

No shivering^TM

Latest OHLC + Volumes below. Valid till Feb 5

Genuine:
Can someone give today's stock position as compatible with aptistock?

Thanks

The aptistock thread is good till last friday. Na pro-bono I dey do so na once a week I dey update am . But because na you, I go update am in 15 mins. One-time offer only.

grabdaloot:
I have a sick feeling in my stomach. How come UBA and OCEANIC made substantial gains on the same day?? This market sef almost everything is out of reach.

UBA needs to make gains o! Your boy is in big time.  

Only 23 companies lost blood money. Diamond is creeping into "buy" territory (I've bought mine already ) + 9 month results are due within 4 weeks: classic CICO opportunity. Fo2 no be so?

Looks like the bulls are back baby!

zomike:
hello everyone in the house,
the little filler i have as a new bie is that plenty Gurus dey inside this house.
please i need to use a 6Million margin facility this week to buy shares,i am looking at 4months with returns that wont make me cry
in the banking sector at least 65%.
Abeg Bros which ones make i buy?
remember public offer is out of it.
thanks

You want 65% returns or you want to put 65% of your money in the banking sector?

RoughCut:
As a defensive measure against Windywendy's hostile bid

Yes o!

windywendy:
Abi how una see am?

I concur. But it'll take months for the shares to be listed and I don't see a free fall until those shares are listed. The PP will surely add another 3 months to the process and I don't think the PO shares will be listed until all is complete. Now I wish I'd gone in. But long-term, it's going to be rough.

ebony9ja:
@ Easimoni,
can u upload the consent letter please. I subscribed to the PO too.

No be me recieve the notice. As you must know by now, na from my DNA dem extract the anti-public offer vaccine. Hardmoney is ya man!

@ lawalidowu

AIICO
Law Union and Rock
Crusader (assuming no shares to be listed from numerous mergers)
Int Energy Ins
Standard Alliance

All depends on the offers to come; how succesful they are and what projections will be made. I've washed my hands of the Ins sector. Good luck.

hardMoney:
Below is the text I just received from my broker,   I know the content may affect some of you.  You may need to take quick action as the consent is about to expire.  Please contact your stock broker for the consent letter.

Gurus in the house, How does additional 2,657,835,300 units affect Japaul in the short and long run?
,

Please find attached draft of a Consent Letter regarding Japaul Excess monies - the Offer was over-subsribed by about 400%. As you may be aware, the  Allotment proposal for Japaul Hybrid offer has been approved by SEC and full allotment was granted to only applicants within the range of  1,000 - 50,000 units, while those that applied for units from 50,001 and above will be given partial allotment. However the joint Lead Issuing Houses have structured an arrangement to ensure that applicants that partial allotees get full allotment via a supplementary private placement and which exercise has already been approved by SEC.
So should you prefer not to receive return money payments, kindly execute and return to us  the attached Consent letter so that you can benefit from this opportunity.

Please ensure that your Consent Letter gets to us on or before Tuesday Feb.5th, 2008, as no letters will be treated after this date.

So Japual wants to swallow 400% oversubscription? Is the 2.7B shares you quoted above the hybrid offer or inclusive of it? Either way 400%  oversub will be diffcult to handle in the long-term. Still months away from listing so short-termers need not worry, esp if they decide to issue a bonus. PO buyers wil def not benefit from the bonus sha!


Omoba, thanks for the Wema update. I need am!

Okay enough Wendy/Patriots bashing. I call a truce. Let's get back to "bidness". I'll even remove my signature.

Please be informed that a full suspension was placed on NAMPAK Plc on the floor of the exchange today following the discovery of overstatement in their accounts. Investigations are still on going and the company promised to update the market and the investing pubic

From my brokers.

Good morning Wendy!

aktopgun:
@ easi

wassup man. make windy no catch u with this your signature o! me i no go settle fight.

5'2" (Wendy) vs 6'1" (Me) = Tom Brady vs NY  Giants Defense

Wendy, when you read this, you know you are my "personal person", just can't resist needling you.  [quote author=ty_ademolu link=topic=31554.msg1918566#msg1918566 date=1202135100]Zenith bank. 5% today how interesting.

How long do we think this bull run is going to last?[/quote]4-5 days. Same as PHB, Access, FCMB and other banks that have come off TS recently. Maiduguri too far, I'll be surprised if it reaches Abuja  But you should be able to get your 20-25% Fo2 style.

bivins1:
@easi
how far? i no hear from you again . na superbowl or na supereagles do you? well if you can buzz me now . i am home

Both of them!

[quote author=Atam-Man link=topic=31554.msg1918385#msg1918385 date=1202133021]FAO Gurus (and learners like moi),
My people who has a clue as to what is driving Cornerstone's price northward? Is it that it is fundamentally good? Or is the current obssession with Insurance stocks to blame? As per FCMB, what would you advise a brother who is holding a few ks of it to do right now?[/quote]Your answer #1 is in red. Answer #2; if you've made money on FCMB, let it go.

pumping777:
Folks are beginning to consider 5-10% margins in short term trades acceptable before the erasure of spreadsheet money.

You must be a mind-reader

WENDY WENDY WENDY! Sorry O! Time to eat crow. Go Giants!

shigidi:
easi,
red stars forward pe is 17, thats a it high innit?? why do u like it

It is a bit high but they must perform if they really want to do a PO. Same as Trans-Nationwide. Besides, 17 no bad for penny stock and this one na CICO o![quote author=Mr. Risky link=topic=31554.msg1911578#msg1911578 date=1201903312]TRANSNATIONWIDE EXPRESS [/quote]Sittin' pretty  I think say na Daily Times be the answer