₦airaland Forum

Ucap
- post ex-dvi looks like a rising wedge
- SP closing back in on the 50dma
- macd above signal line , a further cross above Zero next in line
- its a stock to stay long on
- 50dma is still above 200dma (long term bullish)
- SP is still above 200dma (bullish)

#justOberving

OBAGADAFFI:
DANGOTE Flour Mills, yesterday, announced it has exited its noodles business and has sold the assets of Dangote Noodles to Dufil Prima Foods, makers of Indomie noodles.

Read more at: http://www.vanguardngr.com/2017/04/dangote-flour-divests-noodles-business-cedes-assets-dufil/

Some extra cash for Alhaji's turnaround baby

Intendy:
http://nairametrics.com/sec-says-you-have-till-june-30-to-use-this-portal-to-claim-back-lost-dividends/?utm_source=&utm_medium=twitter

very nice one

Thanks .

kentoto:
FBNH

Am on duty tomorrow for this stock. , its crossed key SMA averages, except 50 SMA, which i beleived will blow pass tomorrow in break out mode
@fxuser abeg look am well well
k

lol
crossed 50ema oh , even kissing 200ema
nice breakout !

emmanuelewumi:
It means the stock is worth N4.00 or more, some big guys or institutional investors want to increase their holdings in company, the easiest way to achieve this is through a right issue. Tony used similar strategy to buy over 1 billion units of UBA shares and another 500 million units of United Capital shares

yhuup sir
institutional liquidity generated wt N3 entry barrier
corporate finance engineering

BullBearMkt:
...I think people are taking position ahead of Q1

23m units crossed

DeRuggedProf:
Someone here was waiting for 'INFIDELITY' at N0.87...
How dreams come true to those who are patient...

never runs short of SS

FCMB
- is SP ready to break below N1 ! ! !
- 12m bargain hunters waiting

duni04:
Even at 15k it would amount to a yield of around 4.6%. That's very paltry in today's market. Its even unlikely they pay 15k judging by their q1 to q3 performance last year. Wouldn't want to be in that bus when the result comes out. My opinion anyway

FBNH

- carries a lot of participants and various emotions ! it can go either way .
- for me , N3 support is always a good entry area , any upside from there na Godwin

FBNH

- is that FUll bid ? or computer error

DeRuggedProf:
Diamond bank.
-What are insiders seeing?
- Escaping or is Q1 coming to the rescue?

they are escaping

lancee:
I thot so , be like say some pple don get gist ..money must be made

Hope no story for this one @15k or

its all probability !
if it breaks higher , good
if it reverses , oh well
we move on to the next play . .

Zenith
- testing 14.50 (about time )

lancee:
Is fbnh comin out ?

Wt this strong opening on good volume !
Surely , results must be close by

Intendy:
http://nse.com.ng/Financial_NewsDocs/17539_ETI_-_DEC_2016_AUDITED_ACCOUNTS_FINANCIAL_STATEMENTS_APRIL_2017.pdf

is that 52 bln LOSS lol

FBN
- bus has left 3.20 , now testing 3.30
- if u have not grabbed your copy , its becoming too expensive for short play

BullBearMkt:
...Buhari shld re-introduce WAI to NSE then; no shunting ooo

loll
Nigerians can like to skip queue

FBN
- so sombori got 2.5m units at 3.18 at d dis hr and skipped the long queue ! (must be a x-trade or some ojoro brokers)

fxuser:
- breaks above 80kobo (for now)
-

- on full bid wt >2m bid at 82kobo !
- taunting the sellers to turn up lol
-

DeRuggedProf:
I am bidding at N0.78...

DISCL: This is NOT a call to anyone to join me. I have my strict stop loss and I consider EVERY TRADE a HIGH RISK. I am just thinking in PROBABILITIES as I learned from BullBearMkt. My thinking changed after reading that very post from him. I suddenly realised most of my failures came from CERTAINTY THINKING...

the only certainty is uncertainty

fxuser:
Transcorp
- 80kobo test has begun , how it closes this week is important to d test

- breaks above 80kobo (for now)
-

Markets remain irrational loll !

- See Stanbic testing new highs after that 10 kobo (remember 52 week highs begat 52 week highs )
- see @bullbearmkt TA dis am

duni04:
A couple of years ago, i would have jumped into FCMB or FIDELITY seeing the kind of buy/sell pattern they displayed this morning in premarket and during early trading. This morning i just smiled and told myself to farabale, they're both coming down to my sweet spot

FCMB

96 kobo junction is where the back up support crowd is . The ghost mode supporters are at N1.00

duni04:
A couple of years ago, i would have jumped into FCMB or FIDELITY seeing the kind of buy/sell pattern they displayed this morning in premarket and during early trading. This morning i just smiled and told myself to farabale, they're both coming down to my sweet spot

Farabale is always needed

Transcorp
- 80kobo test has begun , how it closes this week is important to d test

FBN
- breaking above 3.20 opening price

Manonamission:
http://nse.com.ng/Financial_NewsDocs/PRESCO%20PLC%20DEC%202016.pdf

Div: N1.50

like the twin brother

Pre market
FCMB +4.95%
Oando -4.83%

Early Vol leaders
GSK 12m
Stanbic 9.5m

Watch List

Fidelity: post reaction to Ex-Div ! Will d supply resume ?
FBN: big close last week , will it hold ?
FCMB: 30m support ! Will d support kontinue
Oando: tested N6 and rejected but still above N5 and holding
Transcorp: 80 kobo exam loading ?
UBA: shaking of post dividend matters
UCAP: complicated pull back ongoing , are we done?
DangFlour: was that a fake out ?

and be be loooo

Have a profitable week

DeRuggedProf:
...and when it starts blasting NORTH, it does so with ALL PASSENGER DOORS CLOSED and its BUS STOPS are MOONS APART...
A rose full of thorns...

lol word ! it locks up fully

FO
- is this the bottom ??
- looking at the FO weekly chart, current SP level used to be a major resistance in 2010
- hence the reason for a support ! will it hold ? that another question for another day
- back to 2010 , FO got failed to cross this same level and was rejected multiple times. This led to a bear run which saw SP drop to below N10 by 2012
- By 2013, (macd crossed zero line) a bull run started , SP had jumped above N30 , took a break rallied above N200 by 2014
- It looked like magic , wish i knew TA then lol..(pple where still asking questions)
- FO kept within a range btw 2014 -to late 2015, oscillating btw 150 - 200 and then rallied to an all time high by 2016 hitting above N340
- Since then its been on a corrective path.
- The correction has taken back a 3 year gain in just 1 year ! #wicked
- MACD on d weekly dropped to all time lows

IMO
- This stock knows how to rally and how to fall ! You don't want to bet against its major trend


#justObserving

DeRuggedProf:

Julius Berger really need to be deployed over the long break.