₦airaland Forum

Cadbury Nigeria dropped from N100 to N10 in just 3 years ! ! SP is back to early 2012 levels


#JustObserving

'' inflows into equities were $201.12 mln in Q3, compared to previous highs of $4.930billion in 2013 Q1 of 2013 and $3.875 billion in second quarter of 2014. ''

News Link: http://www.thisdaylive.com/index.php/2016/11/16/foreign-investment-in-equities-falls-to-nine-year-low/

Comment:
Without the big boys , they can never be a bull season, Only minor pull backs ! Add the current forex brouhaha + low oil prices, its not looking good at all. More coys to shut down and more foreign biz's to take flight. At some point #brace, we would have our own Egypt experience and float the damn thing

#brace

'' foreign investment in Nigerian equities in the third quarter of 2016 fell to 9 – year low as investors seek safety in less risky and high yielding fixed income securities. '' #headlines

ucap
- wat a shake out
wicked people

angelo82:
If market is this bearish now, whats going to happen by January/Feb 2017?

was thinking about that all last week
the mother bear will have more baby bears lol

Market
- very bearish , oversold with further downside risk
- cbn not helping matters, this fx amendment is not pro-economy #buharinomics
- inflation rate will tend higher , fixed income remains safe haven for funds
- if your holding is -10% , remember to cut or reduce losses
- if your holding is -15% , just cut losses
- if your holding is -20% , its never too late , cut it

- capital preservation is key

UCAP
- still very stubborn
- SP stays above 50dma
- not in full sync wit mkt

Fcmb
- SP is below 50 dma
- shud find support at N1.00 if hunters will allow it

Forte Oil Share price down another -9.74%

Who Otedola offend

Index falls below 26,000 , the bears are not done yet . .d next support is far away !

Tritri:
Where are the WE're making money this year CREW ?

I guess most has gone to get a real life job ... because this thread isn't as before.

As for me.I don't know which of my problem to think Nigeria problem? / pregnant wife problem / Morgan capital problem or The daily red of stock price...don't quote me pls am just reminiscing jare.

Congrats ahead. It may look like a problem but a its a blessing.

Intendy:
stocks with new 52 weeks low

ETI #9.60k
NAHCO #2.25k
diamond bank #0.98k
unity bank #0.58k
transcorp #0.83k
Skye bank #0.55k
sterling bank #0.77k
PZ #15.77k
champion brew #2.26k
cadbury #10.57k
FO #94.32k
No new 52 weeks high

the list is growing further confirming the current trend.

https://trwstockbrokers./2016/11/14/diamondbank-cracks-in-support-levels/

- looking for new support
- testing N1.00
- we shud see new 52 week lows in d coming days
- bears still in charge

Coolcash1:
Waiting for FO at N50 junction...

d bears are working closely with DSS loll

bears looking sharp
inflation up
brent stays below $45
Naira looking for DSS support #smh
fixed income smiling

#brace

http://www.newtraderu.com/2015/01/13/30-of-the-worlds-best-trading-rules/

#recap

umm
''Fear is a stronger emotion that hope, which is why bear markets are always swifter than bull markets. ''
Elliott Wave International

godlyguy:
http://punchng.com/n2-1bn-debt-skye-bank-takes-obat-oils-depot/

NICE JOB THERE...

THE BIG SMART GUY

Nigeria proposes broad oil sector overhaul, sale of stakes in NNPC
http://af.reuters.com/article/nigeriaNews/idAFL8N1DC3HH

Brent: $44.75/bbl

angelo82:
There is no sign of any bull today concerning FCMB.

there is no sign of any bull anywhere !
index oversold and still bearish

FCMB
- long legged bullish hammer today ! umm

kolaish:
http://www.bloomberg.com/news/articles/2016-11-11/union-bank-s-share-sale-seen-damping-demand-for-nigerian-lenders

dat last line !
“It’s a huge economy with massive amounts of potential. When bank valuations have been hammered it’s a great time to be committing more.”

lol

DeRuggedProf:
I was hoping to predict the AUDITED Q3 of FCMB from the trading pattern, but it is proving so hard....
I need the CHINESE MONKEY here...

lollz ! ! i'm not expecting much reaction from d earnings sef !
all d big boys have experienced some correction postQ3 (gt, zenith , access )
its what will Emefiele do next that worries me ! !
the man has started chasing aboki up & dan with police ! crazyTimes

binaflexia:
...and someone was advising the house to add total to their portfolio at 335, becos total was heading to 500 after they released Q3 result.

loll it cud have been d other way round ohh !
this tinz do happen. thats why its difficult to give recommendations !

OBAGADAFFI:
That Ucap - is very very stubborn .

You can't just pin it down to a position.

yes ohh
very hard to mop without causing a price movement
cant blame the holders , shaking them out of position is a tough
I like fcmb (or most banks) for the liquidity , u can mop & dump a million units plus no shakes

feelamong:
Seems our plans to increase our Total holdings might finally come true soon...

#Total200

N200 ! ! loll haba

#wicked

Ucap
- very stubborn

FCMB . .
- wont sit in one place ! touching 1.01 for barely a few seconds yesterday
- u wud notice it opens lower each day and closes below prev day close #bearish move
- we de wait at N1

Index
- still very bearish


dis:
my portfolio
-30day placements
-ucap
-fcmb

Forte Oil finding new low
SP: N108.04


#FallingPattern

'' A trader must wait for a proper trade. Waiting can be challenging. Not having a position IS a position. ''
- PB

Intendy:
and very exciting to cherry list and pick potentials

bears taking a water break !

market open . . bears maintain stance

TOTAL -8.19%
NAHCO -4.94%
CAVERTON -4.55%
AFRIPRUD -2.75%
INTBREW -2.47%

NGSEBNK10 charts
-falling pattern
-now oversold
-led by zenith & GTbank
-still bearish , ripped thru 250 levels with no brakes

fcmb
-back at dat sweet spot
- shaking out portfolio draw downs

Next
#PostTrumpWin
expect market over reaction