₦airaland Forum

Eterna pilot about to bring out landing gear.

tommy t:
father the thing Surprise me to o
and na full 5% hi come do today see me see nigerian o
they no they good thing at all
chei! my broke still fit catch this train

No pursue am oh, make you no injure. I'm sure there maybe an easy 25% this week,but 5% don go today,if you buy tomorrow,5% go still go.Na only 15% fit remain. I believe more in 9months though, but this would have been a good one if one had caught it on friday last week.But it will still make itself available again.

Ap@che:
I had given a heads up last week that the result was coming out specifically today on SMN and the other site based on an email i got directly from a source in proshare. Didn't know that you don't frequent those sites

http://www.stockmarketnigeria.com/forums/banking-stocks/572-oceanic-bank-6.html#post15277

Thanks Apache.
At times its difficult monitoring so many stocks the same time.You'll quickly loose site of others. I need to get a bigger RADAR dish.

But UBA better not release their result this week oh at this level. It won't go anywhere fast.

easimoni:
FO2, u haven't noticed the new improved reporting by the top banks?

Access, Zenith, Oceanic and UBA all released interim results within 9 days of Dec 31. No more long waits!

I noticed it this January, but thot this was just a fluke.Maybe oceanic was trying to prevent a freefall after the listing.I know Zenith has always been very efficient right from time. I GO RE-ADAPT BE THAT. How could i have missed that oceanic, i was just waiting till a few weeks longer.

This is the fastest i've ever seen of any bank. Just 7 days after the end of a quarter and quarterly results are out. THIS WAS CLEARLY TIMED AS USUAL.
A clear cut case of a strategy that works. When a price is clearly oversold and good results are expected jump in for a BUY. But Oceanic clearly beat me to this one.I was expecting at least one month, not 7days.Too fast, too fast.

beginner:
Father of 2

Hello - if you have a large volume of Fidelity shares today, what would you do. This is giving me sleepless nights.

Just wait and see if 9months can give it a kick, if it doesn't, you could move on. But don't panic on these things. Its trading at about N11 that's not too far from N13 high.That shouldn't get you worried.I've been in a situation like that in my early days, but i didn't fret.Former Chartered Bank.

I'm so so so happy to see all my brothers and sisters back home. Now i can have my first peacefull weekend.
Aktopgun, Yodi, Easimoni, Krrush,Shigidi,Iconbull, mastermove,pumping,invisible,osazeet, ONE & ONLY MASTER IOMA, Kevynbash. I know my WANAJO is lurking somewhere.Wind will soon blow wendy back, the Rough[/b]ly[b]cut southafrican diamond etc.
Can i offer you all drinks, i know you must all be very tired after your long stay in the Desert. The Desert can be a dangerous place you know. Don't go back anylonger.

eniyanman:
@Fo2,
e be like say GSK fall small today. The good thing is that it closed higher than Wednesday's close and the average selling price seemed to be around N22.60. (I am using TRW's interim price-list).

I think this stock is fundamentally good despite the recent fall in turnover and profit. The turnover and profit in the last 6 months of 2007 was slightly better than in 2006 (I am ignoring inflation). It seems the problem they had was in the 1st half of the 2007 and things may be turning around. If my maths is correct, I think they have the best P/E and dividend in their sector.

Disclosure: GSK interest declared

That's why it was even safer to buy today. When you're in a safe trading zone, you don't fear at all. Fluctuations of N1 or N0.50 above or below entry price in a safe zone shouldn't worry. When you're position already you'll move above your entry price. Someone else sensed bargain yesterday and tried to take position that's why it shot up 5% yesterday.Den some panicker probably tried to run today.

@ D-DOTS,

 You can make your price forcasts based on future FY earnings with reference to quarterly reports. If a stock has a higher projected earning than the preceeding year, proj PE will be lower and you can equate to arrive at FY proj. price.

Indicators:  Divergence, Bollinger ,RSI, History, Trend.

Geees:
@Rhema girl,
Visit this link too
Its a post by London cool on some investment books

https://www.nairaland.com/nigeria/topic-31554.22624.html

Cheers

@ Geees,

Thanks for responding to RhemaGirl.

@ RhemaGirl

What exactly is the problem and what stock is it. I don't usually give my broker any price limits for buy and sell.
What i do is to tell him to buy on a day i believe many will be selling, then i'm sure of getting close to the lowest price. Same applies when selling. There
are some inherent dangers in giving price limits.But i don't know if you're worried about the fact that he/she still went ahead to buy or the price is too high?.

Dangote Flour Just became a BUY for today.

I think its beta seeing DSR falling today than rising so it can make a better rise later.Don't think its a good sign for good short term gain if it only makes a small gain today.

Favour08:
@ fatherof2

what's your take on Transcorp. Good to enter now or wait? Also which 3 TA indicator must agree?

I've never done transcorp oh. Why are you interested in it?.
But lets see if it can continue to fall tomorrow. Haven't really been following that one. Has it ever dropped below N3 ??.Its inching close to it.
That may trigger some short gain if it falls one more time by monday or hold position. 10% of N3.00 is N0.30. But i've not been looking at Transcorp sha.

beginner:
Very nice to see you posting frequently father of 2.

What is GSK please.

Also on guarantee how high are you expecting it to go please. I really want to take profit on this one. Ta

Between N43- N47 is my GTB exit range. I got it at N32 plus.

eniyanman:
@Fo2,
It seems the average price for GSK today was around 21.48 which was close to yesterday's closing price. My main concern is that we have had this type of green "marubozu" this week which was followed by a fall the following day. Wetin you think?

You need all three indicators to agree in order to buy any stock. GSK i consider as being safe to buy tomorrow for a quick CICO.

D-DOTS:
Father of 2,

Na beg I dey begi ooo. make u helep awon boys now by answering their question

There is really no disadvantage in the bonus issue. It depends on you. Most longterm investors wait to collect Bonuses. While most short term traders don't bother with it. For me, buy dem low and usually ride on the fanfare of all the expectation of a bonus. The capital appreciation gained usually outweighs anything that a bonus can offer except its a 1 for 1 bonus.But you could enjoy your bonus after a long long time though, but then again, the capital appreciation could be working elsewhere for you and doing more capital appreciation.Its just the option you choose.

Iwerebor:
Fatherof2
The most impressive thing about reading your post is the confidence it exudes. I really like that.
I am an admirer of an aspect of your investment strategy. Very contrarian.
The selflessness in sharing is amazing too.
Keep it up.

On your EternaOil, I think it has till Thursday [/b]to locate the floor. Please give it another look.

Thanks Iwerebor,
On Eterna, like i've said many a time. You anticipate a stock. My expectation is that with the current rate of fall, the two MA's (10 and 25) should converge by say tomorrow and at least properly by monday.By then a new signal would emerge.MACD will go into negative. For a stock in free fall like this, many will be seeking confirmation by next Thursday when it could get a little late. But as usual, i won't stay too long in it.[b]If the fruit gets ripe by monday, i pluck by Tuesday. That is one of the few exceptions to my Thursday/Friday buy rule.

[quote author=Geees link=topic=31554.msg2118466#msg2118466 date=1207229563][/quote]That is the type of false Doji that wooes more pigs for slaughtering on the floor.

Bosy:
First Aluminium is looking good @ current price. Fo2, pumping what do you think about this? I'm planning uploading this by monday!

Be careful not to uplaod a virus along with it oh. Monday i don't think is a good day for that one. But i've never liked First Alum though.

upward:
Ah-Ah, seems like we're coming out of the Bear run and entering a Bulls run in this thread. I can see some gurus still lurking and gradually coming in one after the other. Oga Pumping I hail-o, I don already hail FatherOf2, and other gurus and gugurus. At least sanity seems to have returned to this place after all the challenges of the recent past, and one very important thing it has done is to BRING OUT ALL THE SECRET/SILENT READERS.

@ Upward

Have you seen prices today?. GSK looks set for me for a friday entry and the almighty Eterna fruit looks like it will get ripe certainly by Monday at the latest.

femtex: I will say, thread softly on Adswitch. I have EPS of 4.16K with PE ratio of 156.98. This is based on their quarter two result which I doubled with outstanding shares of 125m. If it’s up to me, this is a no go area.

I believe Glasosmith is good at today’s price (or it might go a little lower). I guess people responded to the result by dumping the stock when the FY result fails to meet expectation. I guess many people were probably expecting bonus, instead of the 45K dividend they are now paying. Based on today's price, its trailing PE is about 24 which put it in my buy list.

Totally agree with you on GSK. That's usually the case.GSK should present a better buy opportunity by tomorrow if it falls or hold its position today.

Abu-Maryam:
Father of 2
Thanks for being here with us. It seem i felt to hook with tripple G. I decided to join the train of Glaxosmith and ADSWITCH. I hope am not making a suicide. Comments are welcome.

I was going to ask you if you succeeded in getting that TripleG, sometimes its hard. It took two hits on Thursday and friday for me to get mine complete last week as it was falling.But i won't be greedy, once i cross 30% profit i may bail, depends on the behaviour at 30% though. Just as it is difficult to go in, it is also as difficult to come out of some stocks. Greed can cause you to get trapped in a descent.

pumping777:
Take your decision after the money is with your broker and you can strike. A recommendation given today may not be reasonable in a week's time. Morever, you have not mentioned the time frame you have in mind.

For those that asked, I still dey but I don become silent reader small.

@ Pumping

  Nice to see you oh. Make you still dey oh, i need you here too. Na two yansh God give us. You fit put your left yansh for another place. But leave the important right yansh for here. This is the real PANADOL.

eniyanman:
Until the experts return, here are some of my ABC transport thoughts.

This analysis does not represent a recommendation to trade in the securities discussed.

Practice makes perfect. Keep it up.

AllenG:
Father of 2,

Thanks for coming back. Its really wonderful to read your stuffs again.

I will appeal to all the guys that have cut out, you guys made this thread what it is, please don't abandon it. i realised that a lot of guys have moved on. We don't get to see Pumping, Aktopgun, Wendy, Yodiyokun Ololufemi etc. WHERE UNA DEY !!!!

When the thread started, people shared ideas freely while some of us read underneath with seriousness. The truth is that we don't know you but I want you guys to know that your little contributions are really making LIVES. At the very beginning, there were no charts but you helped us made money.

There was this story about someone complaining that the world is dark but the truth is that if you lite your candle in your little corner and I lite mine, in no time, the world will be as bright as the sun. PLEASE, DON'T PUT OUT THAT CANDLE. Franky, Ioma, Elder Napoleon and all the gurus, we love to see your posts again.

At least, I believe that rapture has not happened yet!!!!.

Never left, was only reading posts more. But you must really be a silent one. After so many pages, this is your 9th post.

Octupus: Dear Father of 2,

What's the bonus rumour on GTB like?

No one is sure yet. But spectulators will drive up the price in the coming days.If we knew the bonus ratio, traders will factor it into the price very quickly.
Right now GTB will test new highs before they announce. Thisday and others have let the cat out of the bag. I don't think i'm going to wait till they announce. I'll see what the price will be when its about to test a new high and compare with its fair value with bonus consideration of between 1 for 4 to 1 for 6 in mind and then make my exit if i see i'm ok at the new high or see if bonus will make any impact. These days bonus is not a guaranty for a rally for stocks which have the air soaked with rumour weeks preceeding.

eniyanman:
but you no say you happy to see my face .

I like this thread, at least, the "right to be an invisible learner" is respected.

You're my guy any day. Of course i happy see your face.
Home is where my heart is.

eniyanman:
i am just hailing the man. i haven't asked him to go anywhere. me sef, i don come back

Very good.

upward:
Hello FO2,

you are quiet right there. Most guys have ben doing serious panic selling at serious losses. I bought some bigtreat (speculative) just before it started dropping but I can't be found panic-selling. PATIENCE is the game, and like I said somewhere, YOU NEVER LOOSE MONEY OR GET BURNT IN THE NSE UNTIL YOU HAVE SOLD.

Hey upward, how're you.Nice to see your face. How have you managed your PZ portfolio. I took aim and exited at close to my N32 target price. Some peeps may sell their bonuses, that may give the stock small running stomach.

JAZES:
@Fatherof2
Abeg i want to if its ok to stay with Bigtreat and Firstinland bank as the two is going down and down everyday or i should still hold on to them till the bears are out of the floor.
Bought bigtreat at N14.40 and firstinland at TS price for N13.30.
Fatherof2 your sincere advice will be appreciated.
Thanks.

Trully speaking, if you read my post about 2 months ago when they were going about their offer, i seriously castigated this bank and its offer because i knew they had seriously inflated the price over a very short time just because they wanted to raise funds. If you're in the long term, i'd suggest you do away with that thing.
As per Big treat, not sure how the price manipulation accusation will play out for this stock.But anything that goes down must go up. Big Treat i believe will recover later.You could probably sell then and seek other opportunities which are showing face again.

Prince11:
IEI : I believe a good recovery is imminent soon. My hand is there.

@Fatherof2, Oops, I don sell some na !. well I still get confy chair inside. I believe IEI will do well especially in the medium term!

Thanks for your post on DSR, , see the price today? , spot on again !!

To my surprise NGC entered my safe zone today but I don do shopping finish, e be like say i forget something for market ,

Enjoy your day.

You're right there prince. I guess you meant NBC. Results are imminent and price is low right now. This will be the safe zone now to take position.Its fortunes have been improving based on previous results. Good turnaround.

I'd like to see DSR's behaviour tomorrow.

Prince11: @Fatherof2,

How bodi, It is nice to see you holding forth here, and being as generous with info as ever.
One thing still baffles me about IEI (you remember!), the thing simply disobey all common sesnse! .

Body dey for cloth,i remember well. I think its only being held down by the bear sentiment. I believe a good recovery is imminent soon.My hand is there.