₦airaland Forum

lancee:
Ze--u did it before , u can do it again

some support found at N15 wh is good

rebekah2011:
Why is it that people are putting too many eyes on this stock now? They should leave it for us now

Ucap forming Hammer candlestick (bullish reversal) with a very decent volume
Opened 2.38 , Low 2.28, close 2.40

let's see how post-MPC looks like.

OBAGADAFFI:
ETI missed the new low today.

Something must be happening.

Ans: 52-week low bargain hunters

mercylicious:
I just took a very big risk with fbn.

ur not alone, cud not resist some.
#buy the support

AfriPrud

- not left out of the bearish parri
- SP dropping below N3 support .
- SP formed an inverted hammer on friday signifying sellers still in d game
- Where is d next support level ??
- dis buhari Bears will NOT tolerate any Zero Dividend behaviour , they hav no patience for fundamentals


just observing

Skyebank

- technical chart still support further upside in d short term
- 5dma breaks above 10dma
- macd also breaking above signal line
- kudos to the JIJO masters
- pls not a buy or hold recommendation


just observing

Fidelity bank

- short term pull back seems over
- possible reversal
- SP touched 1.06 (support levels) on fri but closed 1.14 , almost forming a bullish engulfing pattern


just observing

angelo82:
''A successful stock trader takes dedication, formulation of rules, stick to them, and prepare loss. It is difficult when things appear not to work and losses are mounting. Decisions become irrational. Fear, hope, and greed are best avoided by trader. Day trading is timing profit and loss''.

"No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation."
- Robert Rhea

FBNH needs a good Q2.
ummm

ETI

- SP breaks 3 yr support dropping below N12 #oversold
- bears are not kidding here
- new 52 week low wt no support yet
- long term Sell off is not over yet, 50dma still below 200dma

- Will SP drop below N10??

just observing

Sterling bank

- hit a new 52 week low
- RSI indicates SP well oversold
- formed a dragonfly doji with considerable vol on fri
- SHORT term downward trend likely over wt possible short term trend reversal

Just observing, not a recommendation

Any thots

dis: don't own any

Mfunkynation:
bros, r we xpecting a bullish run next week?

I don't know . . we hav seen full offers turn to full bid in a twinkle of an eye and vice versa !
but certainly strong bargain hunters will join the market.
Anything below N2.00 is a sure MOP UP.

kam045:
Bros, Please, I will like to PM you.

og.seun@gmail.com

ibe9ja:
Mercy after death. Ucap has been on free fall for the past 6 (consecutive) trading days.

we read about 3 Black Crows, dis one na 6 Black Crows

[quote author=kentoto post=47808476][/quote]Chart link
http://markets.ft.com/data/equities/tearsheet/charts?s=ucap:LAG

or search '' UCAP FT ''
Click on charts and adjust the indicators

IMO on UCAP
- is a fav
- Long over due pull back
- SP making higher highs , forming 3 tops while MACD was forming lower highs signifying divergence & possible pull back loading
- RSI also forming lower highs supporting shift in short term momentum #short term bearish signal
- MACD 2 (adjusted to very short term) also confirming divergence and warnings on a momentum shift, see slope tending down
- Short term remains bearish however MACD below signal line tending towards d zero line
- SP testing 50 dma supporting short term bearish channel
(Long term however still bullish , 50dma stays above 200dma)
- pull back is not over yet !

adding to d convo

testing attachment
#ucap triple top divergence, short term bearish over due pull back, SP looking for support

Born2berich:
Now, alot want to get out of Skye bank while many want to enter oando.. The game continues.

FO is still on full offer for a whole week.

interesting
Oando full bid

Transcorp on full bid !
dis market ehn !

Intendy:
21 July 2016
FLOUR MILLS OF NIGERIA PLC
Closure of Register Year Ended 31 March 2016

Proposed Dividend. 100 Kobo per share
Proposed Bonus Nil
Closure Date 8th -12th August 2016
AGM Date 8th September 2016
Payment Date 12th September 2016
AGM VenueEko Hotel & Suites, Victoria Island, Lagos

nice one always !

locodemy:
Bros i can vividly tell you its not mocking.....currently i am trapped in oando....when i was on profit wit the stock,people who knows more about oando were posting asking people to take profit and jump out but we refused...now who is to be blame?Now people have started telling those in skye to jump out before they are trapped like us..........and if they refused......mockery follows.....i think this is how the game is being played.

happens to us all ! i try to stay within my loss limits and profit targets ! but u know nah ! just little bit more . .
been there many times and im sure it will still happen sef.
#KeepWinning

investment one is clearly experiencing some serious delay issues
bids & offer is likely yesterday's data !

[quote author=ExLaidback post=47778530]A situation where the State govt or FG/CBN is too willing to rescue a mismanaged and potentially distressed bank without imposing very stiff sanctions on the execu-thieves does not bode well for our banking industry. It may come across as an invitation to bank execs to toy with depositors funds and take unnecessary risks. Personally I find Emiefele too frigging weak and maybe even complicit

he's surely not the right chap for a time like this.

Remember to Take profits & more importantly CUT LOSSES

#notetoself

FYI: 1 year T bill priced at 16%

Thunderlicious:
http://www.nse.com.ng/Financial_NewsDocs/14295_LAFARGE_AFRICA__-_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

fx losses can be very brutal add a slowing economy.
tough times

mercylicious:
Please post bid n offer

skyebank
bid 31.6m
Offer 2.8m

mercylicious:
Please what's in d attachment?

disclaiming the Fayose / ekiti buhaha

June inflation published at 16.5%

ukay2:
Zenith, GTB and fbnh you posted their figures sin your earlier post...

Thanks

Those figures were the various market capitalisation for the d different banks.

''What is 'Market Capitalization'
Market capitalization is the total Naira market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size.'' - Investopedia (u can use www.investopdia.com for investment terms etc)

The other figure ''YTD'' was the share price performance between Jan to last trading date.

FBN still under performing the market since its share price was much higher in Jan compared to last week friday unlike the other 2 banks.

Hope this helps

Coolcash1:
I disagree with you on the highlighted statement...The point is FBNH needs to restore invetors lost confidence in its operating model and strategic direction..These would be achieved through strong risk management, effective corporate governance which protects shareholders funds from reckless financing and investment decisions and reallocation of investible funds to areas that maximizes return on share holders wealth...That is why current management through dint of perspiration must surpass its peers in the industry and take back its market leadership the bank is once known..However, i still believe the long term holding risk of the stock is still minimal compared to short term.

word
very well said.

ukay2:
My Oga... a beg explain each bank data in details for me and other financial data ignoramus like me...


Thanks you.

Oga
Apologies, not sure wh bank data ur referring to.