₦airaland Forum

4dchairman: No wahala, I will still buy transcorp.Any company prospecting for oil excites me.

GBAM!

since I cannot own a Rig!! I will keep buying any company that has oil rigs!

Michael11stock: dream big bro

Bros.. Jeep na small dream naa..

Next time attaché a Private jet!!

This Elliots waves theory has some of its own problems too..

"The 1st major problem is that you cannot really recognize an Elliot Wave until it has already passed. So how can you make any forecasts or make trades based on it? After all, the Elliot Wave is simply a series of movements with the trend followed by retracements. The only thing that seems to be unique about it is that the retracement of Wave B is less than the 5th subwave. Otherwise, the Elliot Wave would just be a series of up and down movements, which is easily observable in stock charts or prices, but doesn't help in forecasting prices or directions."

"Elliot was, however, more specific about his Waves, but whether the wave satisfies the necessary criteria to be an Elliot Wave can only be determined after the wave has already passed. For instance, Elliot said that impulse waves 1, 3, and 5 are impulse waves, and that Wave 5 retraces at least 70% of Wave 4. But then what if Wave 5 doesn't retrace at least 70% of Wave 4? And needless to say, you can't know this until Wave 5 has already passed."

UkwuAmu: 4dchairman why you dey yarn like this na? it is better to under promise and over deliver than to over promise and under deliver . The hype and marketing of transcorp was too much. No need to be paying 2016 price in 2014. Sorry to burst anybody's bubble. This has become a pattern with transcorp. First quarter result was 'very' good and subsequently the share price started to plummet . Then the marketing started. it has repeated itself again. Do your due dilligence

But why are we surprised....speculators buy on Rumour and sell on the news!

take a look at the Transcorp chart....I know a colleague who bought at N1.95 and has not sold since...Me I have been in and out of transcorp a couple of times but this time around....there is no going out...This coy is going places and until it gets to N10; I don use glue gum my yansh to the seat next to the driver for this bus!

nb.. my holding cost na 3.90..

4dchairman: What happened? Is the result below expectation? Can't just understand.

I have seen this happen several times on the NSE... to be specific it happened to me in UBA CAP last year.. a result came out at half year and I rushed in at 1.51;

by the close of trading that day it closed at 1.45... but I stayed on and later sold off at N2.90..

after these speculators sell off, they will still come back and we shall be here waiting for them.. afterall the result was a very good one.

lancee: Bros i just called meristem , i think they re having a problem with their system , all buys orders this morning could not go thru , u can check ur price update still the same since last friday
Not happy with them at all

Exactly why I prefer to deal with my brokers personally... no time for online ish...

I speak to my broker on the floor and get him to buy and sell while trading is on..

4dchairman: I increased my offer to 5.90 on meristem and no show. it seems brokers are mopping it up.

hei.. reduce your expectations....I just confirmed from my broker that its currently trading at 5.70...

some people just like to delay journeys sha!

Dragonking: lets go there.

good result......fire on !!

Ess: Oando is fully on BID!!!!
not a single offer.

Go O2 boys!

Which kind bid be that?...from where i dey for customs street i no dey see any bid o!

fulfillment2020: Hurray!!! Transcorp just touched #6 mark, oya hanlele.

Bros easy o! Transcorp is still 5.90

myjoy08: My good Family, I applaud you for your uncommon patient despite many things being said. For easy understanding, I don’t have any insurance stocks in my own portfolio presently, but I will add some of this stocks to it very very very soon. Please do your due diligence on every stock before you put your hard earned money to it because I might be wrong sometimes as human concerns. Below are the lists of Insurance sector you should take a look at…

Consolidated Hallmark Insurance
Nem
Wapic
Mutual benefit
Sovereign Insurance
Aiico
International Energy
Prestige
Continental Reinsurance.
UnityKapital Assurance

Watch them closely; they have some very important deal going on…Best of luck.

any way I will narrow to just 3

Wapic

AIICO

NEM.....

Born2berich: Thanks bro.

**Unic, Standard assurance, royalex and guinea insurance no dey this list**

No worry second batch dey come out soon!

After dat batch then VC list go show... dis one will be largely IAI...

nitrogen: Abeg, me dey wait for #20 junction o, don't be surprised if these Oxygen guys decide to raise more capital soon (you should understand what I mean)

Dont quote me!

25 support shattered! on Oando...all bets are off!

just told my brokers to suspend further purchase....would be strolling down to the 20 mark to wait for it again..

gabscity:

natruetalk: ^^ u na no dey sleep

Na wa oh!! even by 2 am to 3am.. the forum still dey get mega hits..

True true dem dey say money never sleeps!!

BEARS? who said you don't make money in the Bear season??

Goods well bought are already half sold!!

Time to stay closer to the market as wonderful opportunities' and low hanging fruits are thrown up!

Wow!!

I love this Market!!

I threw in my Bid at 25.67... and I just confirmed that it sailed thru..

would throw in more bids at 25 0r less tomorrow if the drop continues (seriously doubts this though)

who ever said making money was that very easy? One of my lecturers who was a guru in Finance always told me that those with Strong heart made far more money than those with good head!

Time will tell on this OANDO..

Dexterax: If this is the case, then I expect more downside with price testing NGN 24.99 by friday...

Start throwing ur bids by morrow.... I think I will start with 25.5..

Ess: Chai what a bloody day!

Yeah... Oando gradually moving to Oga BRB's bus stop..

Time to unlock cash from WAPCO and wait for Oando...

fulfillment2020: It's like nobody noticed the new rally in Honeywell flour, any good news?

Its destined for N5..... the end of year result is expected any moment soon...

Thank God I left some of mine the last time I sold off at 3.95

Chillisauce: This una stock market, have any of you seen the cash . Not like the figures they give you on paper, only for you to try to cash it and all money gone. I never heard good story from it though.

Bros.. if you no get heart no near the Stock market o!!

But then if person no fit take some risk now... na when I don reach 60 years I go begin take risk...

but then even Academic research has shown that the Stock market in the long run gets a far better return than any money market instrument..

Elai147: We dey the bus together bro but with different bus stops.

bros where your bus stop dey? if e dey further up the road and if fine babes dey that area I fit decide to follow you go there..

Any body loaded on Wapic bus like me?

seems my N1.20 Bus stop is fast approaching...

nitrogen: Brother, it will move soon!

once it starts to move, I will jump in! for now na to dey watch am with one eye so..

Dragonking: Viewing traffic have increased all of a sudden..na wa ooh.

Are you surprised? this is the place to be!!

BTW not a bad Report by law Union and Rock.. dem for pay small dividend naa!

make I wait see their 1st qtr first.. Oga 9Free na you hold NEM result? Release am for us naa!!

sammily: Hello house, anyone know the CBN stop rates for Wednesday's bid. I got 9% from Zenith bank.

Dear XXXXXX,

Please find below the result of the Treasury Bills primary market auction which held yesterday Jul 09, 2014:


91 days ------9.95%

182 days ------10.244%

nitrogen: ............

Thank God nobody saw it....don't know whether it is a public info yet. #Oando

Bros wetin you see?

Dexterax: That's why I've gone there to cause as many problems as possible! And it's already working.

I can see that you are a wicked somebody!!

you have succeeded in adding some sunlight to their dull day there!!

bigass: SMN is very dry. They are too distracted. They talk about so many irrelevant things

The problem with SMN is that they are trying to be too politically correct...too many efficos and they are too serious!

Life and Investment shouldn't be taken too seriously!

As for me nairaland NSEMPA will always rock!! Kudos to all the BnSINL!!

nitrogen: @all, what are we to buy today o? or should we start selling nii?



Meanwhile, some guy wants wapic for his foreign guys, is the bus about to move or what?

wapic ok.. make I go increase my holdings here!

Dragonking: