₦airaland Forum

Over 20 stocks hav gained more than +50% YTD

#monthEnd analysis

Palm Oil winning big
YTD performance: Okomu 99.23% , Presco +91.67%

Banks Performance (> +50%)
Stanbic 139.3%
UBA 115.56%
FBN +79.1%
Access +71.21%
Zenith +66.85%
ETI +60.51%
GTB +58.10%

DeRuggedProf:
What is your opinion on this result?

Note 11 :
Power sector Tax exception tinz at play !
#Kowope

DeRuggedProf:
FORTE OIL result is VERY BAD and VERY GOOD at the same time to different people..

If you are going to marry Femi's daughter, JUST BUY.

`

loll Prof

Intendy:
stocks with new 52 week highs

dangote sugar #11.97k
Nascon #10.42k
okomu #80.03k
presco #76.86k
air services #5.26k
NEM #1.34k
international breweries #33.13k
Nestlé #1003.70k

no new 52 week lows

market still making some highs
good signs

FCMB
opened lower
big vol (82m traded)

DeRuggedProf:
http://www.nse.com.ng/Financial_NewsDocs/19223_STANBIC_IBTC_-__HALF-YR_AUDIT_CORPORATE_ACTIONS_JULY_2017.pdf

till d 29th AUG
This chaps know how to surprise with interim div !
the price breakout above N31 no even slow down !
Chasing GTB wit vexation

Fidelity
- Q2 IMO will b better than Diamond

Zenith
Dis:
a lil more added below N25
(normally dont trade on mondays)

Tritri:
Let me laugh now and cry later when the q2 is out tonight. seems na only me dey FO.

have FO too (short play)
avg cost ard 50 , (below 50 was a better support entry)
it opened higher dis am !!
interesting set up

pluto09:
Nobody is willing to sell Dangote sugar.
I have added my own bid at maximum price.
Hopefully i will be lucky to get a sizeable units today!

d sellers don lock up

debeey87:
abeg hats happening in Total oooo

- above avg vol trades
- opened higher at 279.99
- market maker is working today loll

veecovee:
Hmm! Seems to be a shake out. I couldn't believe that anyone would bid fcmb N1.20

enjoy
na so dis okomu will break N100 loll


Dis:
dont have any oh

PreMkt
Opening Higher above Fri close
HonyFlour
Transcorp
Zenith
Dang Flour
Okomu
Total
Dang Sugar
and be be lo

mendes911:
You guys are forgetting that they (FCMB) have got a very active MM....

the guy get plenty work this week !
We wait for a higher opening on d daily above prev day first

OBAGADAFFI:
FCMB offer loading

same thing happened after Q1 !
Will it break N1 like d other time

EduC:
TA on Transcorp please.

Thanks as always.

Daily still shows possible pull back, wt RSI dropping lower but above 50 levels, its finding some sort of support at d 50dma
Further pull back expected

Note:
SP is trading above 200 dma (long term bullish )

leo1234:
I already made up my mind to jump into dangote sugar and nestle tomorrow at any available price.
Wish me luck.

Best of luck
Dang Sugar monthly RSI just broke to all time highs !
https://invst.ly/4ndw0
interesting season ahead

shigidi:
Careful with the banks guys. I'm very bullish long term on all the banks but in the short term i expect some serious pullback. Banks are not undervalued anymore. Zenith at 25 is already a 4 yr high. !!

My thots
D daily formed a shooting star (inverted hammer) , bearish signal
Expect pull back to prev resistance levels , ard N23 if ur looking at daily charts.
If it breaks below support, den one can get out of the trade
we live to fight another day be that

shigidi:
Careful with the banks guys. I'm very bullish long term on all the banks but in the short term i expect some serious pullback. Banks are not undervalued anymore. Zenith at 25 is already a 4 yr high. !!

I get you, i really really do.
Same thing they said about GT at 25 and at N33 , we all know it over priced at N41 !
Which is why i ff TA , takes away all forms of bias
No one is happy with leaving a lot of meat on d bone
But yours truly , profit takers are doing push ups this weekend lol !
We await dem

EduC:
When the guy was painting the this forum red with his tasere dividend money from the same fcmb, una dey hail am! How do you expect him to recover/recoup all the beer money...lol
I always knew he was fake!
FxUser, please what's the chart on Zenith saying?

lollz no open fresh wounds ohh

Zenith
- i like for so many reasons , d break and close above N25 on d weekly was much desired and needed
- d weekly is very bullish
- d Weekly RSI in oversold levels, is above 69.10 (this is d best type of RSI u want to be in)
- (if u study ucap , its best moment are wen d weekly RSI was at this level last yr, its dropped below dat level but dats another story)
- here it is : https://invst.ly/4mxng
- still a buy for me
- make GTB just share some anointing reach here

Infinitisi:
Going forward I think the lesson for all is we should try as much as possible not to present personal opinion as fact and also not to offer investment advise based on personal opinion (and if you must please state clearly it is a personal opinion)

BullBearMkt, fxuser and some others post advice here regularly. You may not agree with them but you cannot deny that their post is based on some form of analysis whether fundamental or tecnical.

That is the way it should be. Too many people here spew out numbers at an alarming Raye based on nothing but wishful thinking and empty air. No facts, no numbers, no analysis nothing.

s


i think the issue was not the recommendation.
anyone SHOUTING BUY , shud at least also SHOUT SELL
we keep learning

stcool:
Dang Sugar would make sense long term, considering their Q2. + Dividend. I was not aware their qualification date still open.

Payment is 14 Aug

Link: (Scroll down to the end )
http://www.nse.com.ng/market_data-site/other-market-information-site/Week%20Market%20Report/Weekly%20Market%20Report%20for%20the%20Week%20Ended%2028-07-2017.pdf

emmanuelewumi:
In another news I learnt stock brokers/ portfolio mangers are not happy, with the way retail investors are directly investing in the market. They wanted retail investors to invest in their mutual funds. I know SEC can never approve it.

yeye people with their yeye mutual funds
very lazy people
they can't even beat the index

Before we forget

RedStar
Dividend 40k
closure: 2 Aug


FlourMills
Div : N1.00
Closure: 7 Aug - 11 Aug

Dang Sugar
interim Div: 50kobo
Closure: 14 Aug

Custodian
Interim Div 10kobo
Closure: 21 - 25 Aug

Infinitisi:


Wooow bro. I have never seen you like this before despite many unsavoury incidents in the past. But I feel your pain sha.
What happened yesterday was distasteful and a shame to put it mildly.

Yes it was
We have to move fwd and help others to do also !

BullBearMkt:
...@Loco, you are A BIG DECEIT! You came to the forum and gave advice to members not to sell their holdings on FCMB due to a "reliable source" but you went behind to sell yours. That is terrible! You still have the gut to give lame excuses for your action by itself categorises you as untrustworthy fellow.

I am totally disappointed in you!

really sad !

jamace:
FBNH: Be greedy when others are fearful

What sayeth thou bnsitl?

some more pull back still expected !

Consumer Sector

- a very decent week
- Up 7.53% WTD

Top Gainers
Conoil +21.41%
Presco + 20%
Dang Sugar +19.34%
May & Baker +15.77&
Stanbic +15.51%
Okomu +15.36%
Fidson +14.97%
Ecobank +13.33%
C &I Leasing +13.11%
Zenith +12.85%

Banking Index
- still were the money is
- very big week and year thus far, some profit taking expected
- GTB breaking psychological barriers with serz volume
- WTD +9.52% , MTD +16 .31%, - YTD +68.74%
- we await the Q2 of the big 4 and their interim dividend