₦airaland Forum

Yamprince:
The Impact of COVID+ crash in oil prices will be start being felt in the 2nd and 3rd quarters. By the end of the year, Nigeria will be in full recession, its time to tighten our belts, save as much as possible (for those that have enough), spend on only essentials and most importantly start thinking on how to make money in a COVID and post COVID era because the way we do things have changed.

Those smart enough to align investment in the coming 'new world' will become the future millionaires and billionaires.

It’s just a prediction that Nigeria might enter a recession. It’s looking unlikely they’ll be a recession. By q3 the Economy should have been growing already

YerYer:
I'm interested o. My buy limit order triggered for GRWG at $5.9. I must follow hammer this week with cannabis stocks.

Seems they’re highly volatile but the risk reward principle however.

YerYer:
YouTube, Udemy.com and investopedia are great resources. There are also tons of books on Amazon.

Thanks, would check out resources

https://www.google.com/amp/s/247wallst.com/consumer-products/2020/05/15/what-makes-aphria-stock-stand-out-among-pot-players/amp/

https://www.google.com/amp/s/seekingalpha.com/amp/article/4343756-aphria-holding-up-better-during-downturn

Anyone interested in cannabis stocks? Aphria is a major player in the cannabis space in Canada and is listed in the US. It’s fundamentals are very good and it might also see an increase in medical cannabis usage. I’m looking at gradually taking a position in it. Thanks.

seyisanya:
Very true, boss.
These Fintechs are making so much from the commission they charge.

In fact, I realised most of the popular trading platforms in the USA charge 0% commission! But the question is: how do they make money?

I read somewhere that the brokerage app Robinhood also makes money from the spread, it buys from market makers at a lower price than it sells to customers and vice versa.

arduino:
Disney park China has been opened weeks ago

Okay I’m guessing below capacity, is Disney worth a buy

Who’s looking at Disney? Any report on them? The gradual resumption of sport activities should be positive for ESPN which they own and heard they’re opening Disney park in China

Well done bosses, I trade Nigeria stocks normally. I was able to open a Robinhood account with my ssn and bank account. I noticed someone uses robinhood here... please any help in learning how calls and puts work.. in trying to learn it to diversify. Thanks once again.

http://www.nse.com.ng/market_data-site/other-market-information-site/FPI%20Report/NSE%20Domestic%20and%20FPI%20Report%20April%202020.pdf

ositadima1:
From the indicators list in picture 2 select moving average exponatial. If you want 10 and 20 days periods, you have to select it twice. Once u have the indicator on chart, select d tiny gear on it, from their u can change period as well as color etc.

Thanks!! Very helpful

IYGEAL:
Precisely search for "moving average exponential" in the "indicators slash /" box.

I can see it separately like this.. I’m trying to understand how I can use it on charts to see movement

IYGEAL:
Search for it on "indicators"

Thanks

fxuser:
FUGAZ Update
- Access : was lagging, found support abv N6, but also in gear with the rest

Simple TA using 10 & 20 ema trend lines on the Daily is okay to guide folks
if 10 ema moves above 20 ema = bulls in charge, positive momentum
if 10 ema below 20 ema = bears in charge, loss of momentum
if 10 hugging 20 = Range, neutral
Everything else is noise
test with other stocks , holla if u need help

Please how do I select ema on the chart using investing... I’ve been having some problems with it, thanks.

dinyelutochukwu:
Beautiful analysis especially with the 1million unit analogy displaying the various levels of price depreciation. I believe these are worst case scenarios.

Exactly, it gives perspective. They also stated risks that can happen for investors to assess risk critically.

Uchetoba:
Cardinal stone is intrested in UACN that is why they gave you only the wost case senario to deceive you. What about the best case senario? When you read always interpret critically.

I am very glad for one reason, they have confirmed the numbers we posted earlier.

You seem to insinuate I’m not interested in Uacn which is not the case... I’m simply showing another angle, this is the worst case scenario, the best case would be very profitable

https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Company%20Update%20-%20UAC%20of%20Nigeria%20Plc_.pdf

For UACN faithfuls

Ooni:
paid article

Paid article on Bloomberg? Are you dreaming.. you think it’s punch abi

DrAwo:
Redstar express....

Silently doing the deed...

I read their financial statement yesterday and saw that logistics makes up a substantial amount of their earnings, more than clearing/forwarding and warehousing which might experience decline now... good thing I bought yesterday.

Godlylifeoneart:
NOW YOU CAN TIME THE MARKET
contrary to the old believe that no one can time the market, it appears the view is no longer valid.
This article give credence to those that have successfully timed the market.


https://www.moneyweb.co.za/investing/yes-it-is-possible-to-predict-the-market/



Yes, it is possible to predict the market. Students of William Gann say the investing legend predicted a market top in 2019.
Ciaran Ryan / 20 May 2020 00:01 1
Image: ShutterstockImage: Shutterstock
In 2017 Moneyweb interviewed trader Greek-Cypriot trader Alex Antoniou after he turned $50 000 into nearly $500 000 in a week.

We asked to see evidence, which was supplied. Pretty amazing stuff.

Read: Is this the world’s best trader?
It turns out Antoniou is an avid student of William Gann, the legendary investor who set what may be a world record for growing a trading account.

A legend

In 60 days Gann turned $973 into $30 000, and seemed to have an uncanny knack for predicting market moves based on his study of market cycles.

A year before the 1929 market crash, Gann predicted stocks would peak in September of 1929. He was just a month out in his prediction (the actual crash took place on October 4 of that year).

How was he able to predict with such apparent accuracy the end of a major bull market based on nothing more than a study of charts?

Gann had a fascination with cycles, based on much earlier observations by Greek mathematician Pythagoras, who was able to find relationships between numbers, geometry and music. The 1929 crash was almost 90 years after the previous great crash of 1837. For Gann, 60 and 90 years held special significance, and he predicted that the next great crash would come in 2019 – exactly 90 years after 1929.

This is where Antoniou reenters the picture. Like Gann, he predicted a market top in 2019, and actually told us this back in 2017. In fact, the S&P 500 index topped out in February 2020, when it crashed 34% over the space of the next month, before recovering about 18% off its March lows.

It was much the same story for most of the leading market indices. The German Dax peaked on February 19, 2020 and fell 38% over the next month, before recovering 28% from its March low.

So where does that leave us now?

Antoniou says the market is poised to retest the March lows and will likely spend the rest of the year in the red.

Unlike most traders who believe markets are driven by news, Antoniou says news merely amplifies a cycle already in progress.

Using Pythagorean maths, he plots which direction the market will move on any day and sets up his trades accordingly. He gets it right about 85% of the time, which most traders would concede is an astonishingly successful percentage.

Using principles developed originally by Gann and Pythagoras, he modified this to develop his ‘Theory of Eight’ which is a study in cycles. There are 365 days in the year and 360 degrees in a circle. Overlapping these, he is able to map out cycle peaks and troughs – even to the point of predicting price moves over the course of a single day.

“There is no question that it is possible to predict the market,” he says. “Every investor is trying to do this, only some do it better than others. Some use fundamental analysis to do it. I use cycles. The notion that you cannot predict the market means you are playing a game where you do not know the rules. I have been doing this for 26 years, and I wouldn’t be here now if I did not believe I could predict market moves with high certainty.”

New-found respect

Millions of traders around the world are familiar with William Gann’s Price Squares and Circle theories, and use these to guide their trading decisions. There was a time when most professional fund managers dismissed charting (or technical analysis) as a fool’s escapade, but even they now incorporate this into their analytical toolbox.

Given Gann’s prediction of another market crash in 2019 (90 years earlier), traders appear to have discovered a new-found respect for the man. He is reported to have used his predictive prowess to accurately call every president elected in the US between 1904 and the 1920s, and his 1927 book Tunnel Through the Air, though a work of fiction, foretold of an attack by Japan on the US less than two decades later. In 1929 he predicted the market would top out in April, fall sharply, then rebound until September, followed by what he called the biggest crash in history. He then forecast that the subsequent depression would last until 1932 – all of which came to pass.

It is little wonder he is venerated among so many traders in the 90 years that have passed. Gann went to India and Egypt to study ancient mathematics and astronomy, and out of this developed his Law of Vibration which reportedly enabled him to predict the exact prices at which stocks or commodities would trade in any given time frame.

Antoniou has followed in Gann’s footsteps, and has run a number of tutorials where traders can follow his trades in real time.

“I agree with Gann, who agreed with Pythagoras, that there is rhythm in the markets and a natural law of vibration which can, in fact, allow you to predict market prices with high certainty.”

The idea of predicting where prices will be at the close of trade tomorrow, or next week, raises eyebrows among veteran fund managers, who prefer to rely on exacting studies of relative value. Buy a good company relatively cheap, and there’s a good chance you can sell it some time later at a profit.

Understanding how Gann and Antoniou manage to predict the market with such apparent exactitude appears to be something of a mystic art. Not so, says Antoniou. “It’s about numbers and cycles. There are enough people in the market who understand this and profit from it.

“Nothing mystic about it at all.”

Predict Presidents? This one na jazz no wonder he went to Egypt Lol

OBAGADAFFI:
I remember this posts about Fidson.

That bus is now like sardine

Mcy56:
Not all registrars request for share transfer form. Some are only bent on frustrating customers......but like Madam suggested, which I also picked a learning point from, I think it's better to have extra signed copies with the broker cos they are supposed to fill it and send to the registrar from their end.

My concern is this:
*Does a broker open files for individuals? Maybe analogue broker but not sure of digital ones.
*What happens when you needed another copy and the broker couldn't lay hands on the already signed ones again?

Cc: Madam @Angilgreat

i tire oh, if i had known i'll have sold before registration date and taken my money and come back after at least I wouldn't have had to pay 10% to Government too.

anjilgreat:
Yes @ the bolded according to two stockbrokers I stated above.

You will submit it to your stockbrokers, who will then fill your other details in the form and send to CSCS on your behalf'.

The 20 copies I stated was to avoid the stress of always sending the form to them especially for stocks of different registrars if you are into multiple stocks investment. Since you reside in Lagos, it will be easier for you to send the form to them compared to those residing outside.

Thanks understand, guess I have to brave Covid 19 and to out

anjilgreat:
Hope you reside in Lagos because you will need to send the signed hard copy of the form to them? According to both Morgan capital and Meristem, CSCS no longer accepts scanned soft copies of the transfer form even in this era of technology!

If you reside outside Lagos, it is better you sign at least 20 copies of the transfer form and post it to your stockbroker for this outstanding dividend and for future ones especially for a different registrar to avoid another cycle of future disappointment due to transfer forms issues.

Yes I reside in Lagos, do you mean I’ll submit it at the stockbroker’s office or to Cscs? And I have to submit it every time I submit an edividend form with that registrar ? I didn’t get the 20 copies part... thank you for your reply

Jejebabaa:
They are right now, you have to complete your share transfer form via your stockbroker first so that the registrar can have your signature specimen.

So am I still eligible to receive the dividend or I can’t? Thank you.

I bought Mtn before the dividend qualification date, submitted my dividend and my registrar is telling me this. Who has experienced this? I would message my stockbroker in the mean time.

purples25:
Let me add these

This is really great

Godlylifeoneart:
There is no crime in buying UACN. we are all wishing dz conglomerate to reach the zenith of returning profits for investors.
Can you tell me what happened to UACN after selling UACN registrars to Afriprudent in 2013?
No improvement in performance.
One of the most disastrous holdings in the history of conglomerates in the world.
What made you think that the unbundling will do the Magic?
UACN always have a ready made excuses for poor performaces, in 2015, the terrible report was blamed on poor purchasing power of consumers, the inauguration of a new government was also blamed for the disastrous performance of UPDC prop. This 2020 would be put on COVID-19. lol.
In all the 12 years of declining profits, there was no mentioning of corruption and poor management decisions in asset acquisitions
A company with less than 3 billion common shares is dropping about 50 to 150 basis points at the sales of less than M100 units.
Bra, something is not right with UACN.
I think the management is the problem. The 39 yr old group managing director appears to be occupying the post on a platter of gold.
he appears to be heading the way of Wale Tinubu
When Shonekan was the chairman of UACN, they were the epitome of equity returns and performance.
like some1 mentioned, uacn is gradually going the way of OANDO. You must have a view of at least 10 to 15 yrs before you can expect any token on equity return. They clearly state on their web page that ( We invest with a long-term view which enables us add meaningful and sustainable value to each company within our portfolio)
The subsidiaries are improving and ongoing re-branding is commendable.
The calamities that befell UACN started in 1998, and there has been no improvement in earning and fortune.
The logistic division was in comatose before imperial logistics of South Africa bailed them out with $2.4 M investment in form of equity stake. MDS logistics is technically working for imperial logistics. This is warren buffel way of investing. Look for a distressed company, invest in them by way of preferential equity stakes, if thing do not work out well, take over the company coz you are already their life-wire.
Mr biggs, we do not even know the owner. The famous brand or UACN.
Bra, the holding nature of uacn subsidiaries is so complex and goes beyond the comprehension of ordinary share holders.
it appears the investors of nowadays are only buying the parent company name .(uacn)
No wonder, the share price has been plummeting since 1998 till date.
uacn registrars is dead. One of the best in the country during the analogue era.
So many subsidiaries of UACN are dead or defunct.
UNIC was moribund, dead and transformed to UNIC Holdings
property division in comatose.
UACN gala is facing the strongest competition from Rite food AND Chi
The annoying thing about uacn, once a subsidiary is recording success, they quickly sell it or divest from it and hand it over to one of the cabals.
The DNA(corruption) of Nigeria is boldly engraved in this company.
very soon,the MDS logistics will go. i guess the money realized from the stakes reduction in 2019 august was used in paying the insulting dividend of 0.10 kobo. I wonder why they have to pay out the money after recording a loss. the management could have shared it among themselves instead of paying investor 0.10 kobo.
Despite all this, the assets to debt ratio is encouraging for futuristic investors.
for decision making, read dz link

https://nairametrics.com/2019/09/04/what-uacn-decision-to-un-bundle-updc-means-for-its-shareholders/


https://nairametrics.com/2020/04/20/uacn-incurs-n14-6-billion-write-down-of-its-real-estate-business/

2019 (Millions NGN)
Total Assets 107,595.26
Total Liabilities 47,053.85
Debt to Assets 6.90%

THE PROBLEM WITH AVERAGE INVESTORS IS THAT WE DO NOT INVESTIGATE QUOTED COMPANIES BEFORE WE INVESTED ,DESPITE ALL THE INFORMATION BEING AVAILABLE FREE ON THE INTERNET. WE AWAIT THE TA ANALYSTS TO GUIDE US. THIS SHOULD NOT BE.

Thank you for this

GSK has returned more than 80% from it’s 52 week low, bargain hunters would be plenty

jephthal:
thanks, I really appreciate.
I have read Stock investing for dummies, but most of the websites he mentioned are for the NYSE, I Will read the posts from January and then message the Morgan broker.
Thanks

Happy investing!!

jephthal:
Hello bosses in the house, please I am very new to Stock trading and I would like to start trading.
Also I would appreciate if you can point me in the right directions concerning materials to read.

Please can you tell me a good online broker as I'm starting small.

Thanks, and God bless.

To start message info@morgancapitalgroup.com to open an account, their charges are about the lowest in the market... start from learning the basics basics of trading... demand/ supply, bids/offers if you’re not already aware.. a good source for that would be investopedia, just search for how does the stock market work investopedia and read up.

The Nigerian Stock Exchange is a different ballgame tho so I suggest reading at least if you have time all the posts starting from January 2020 and use it as a learning experience... keep coming back to it as a guide, at least that’s what I did.

does anyone have the link to MTN Agm livestream?

dinyelutochukwu:
Cash is king advocate,
I’m sitting on 7% profit just for buying FIDSON less than an hour ago, now the stock is on full offer. Infact No Offer as we speak.
You should advocate for caution and not tell people to keep their cash in face of hyper-inflation that is imminent.

Jumped out of this bus too early