₦airaland Forum

stcool:
Oga OGG & fxuser...who did Flourmill offend is it FA or TA or the milling biz is no longer favourable in Nigeria. I don't own any unit here but have been keeping an eye here considering it's selling below the last rights issue price.

Anticipating your response.

lollx must be d FA pipu
Mr mkt is only taking back last yr gains

#fallingPattern

stcool:
...una go kill person. NSE don get grassroots

omg ! ! Grassroots index abi
lollx

Jejebabaa:
NSEMPA has succeded in pushing Diamond to FULL BID. Make una continue.

lollx
#breakout

FCMB

- 48 mln vol traded

rather

BullBearMkt:
...that will be more than recession

hehehehe yes oh
#GBAM

BullBearMkt:
...Agba, everyday I look at the monthly NSE's RSI if it will cross below 30 as you predicted. But I told you 44 is what I expected as a worse case

uhn below 30 RSI on a monthly ! ! na die be dat oh ... no stock anywhere in d world goes there and comes back d same

BullBearMkt:
...unfortunately, there is no real time data (not referring to individual broker) to help decode MM activities. We can however be able to see what daily, weekly etc data is saying:
-Stock seems to have found a daily bottom at 1.54 though
-Weekly & Monthly still looking around for a bottom
-Interestingly, a good monthly support is situated 1.49 - 1.55
-If I have a spare loan, MM is in trouble around the monthly support
-A weekly or monthly rejection candle is highly desirable

this part:
'' weekly or monthly rejection candle is highly desirable '' dis wud help bring clarity

DeRuggedProf:
FCMB MM

sombori cannot play with d guy
lollx

DeRuggedProf:
TERRIBILITIFYING....
Uzoma is the worst tragedy that befell Diamond bank..
His absence alone counters every other negatives in their multitudes.
This bank has survived by the whiskers.
I am 99.99 percent sure that this move has become inevitable in order to avoid DIAMONIZING of the bank in the POLARIZED atmosphere, which would have likely taken place before Emefiele's exit.
The SHELLING of the bank was attaining exponential levels. The decay function here was being rapidly transmogrified into an evaporating function.

polarized atmosphere lollx

Fidelity
- opens higher, breaking N2


FCMB
- 10m traded early at dat same 1.55 , dis MM ehn

currentprice:
Trnascorp is really improving... but not at this time for me and my household to buy this stock when much cheaper stock flood the market.

based on Q3 numbers, i have N1.80 as fairprice, selling at a discount of 30% with one more quarter to go b4 FY

wats topping dis ur shopping sales list

fxuser:
heard deriz a major news coming , don't know what ! but nothing good ever comes from this pipu (recency bias probably lolxx) however the TA suggest ongoing accumulation wt breakout possibilities !

#JustObserving

** MD shud be gone by Dec ending **

onegentleguy:
Just in:
https://investadvocate.com.ng/2018/10/24/four-diamond-bank-directors-quit-ahead-new-investment/

DIAMOND BANK will likely be one of either a GOLDMINE or a DISASTER !!
If u are in this ship, it will do u a lot of good to keep an EYE on it, and put ur EARS to the ground.
Past management had set a precedence of perdition.
Let's see what the new management/investors will bring to the table.

CAVEAT: NOT to be referenced as any sought of recommendation. ...due diligence still applies !!

heard deriz a major news coming , don't know what ! but nothing good ever comes from this pipu (recency bias probably lolxx) however the TA suggest ongoing accumulation wt breakout possibilities !

#JustObserving

currentprice:
no be small things yesterday o, both crude and brent oyel shed almost 5%. let see what inventories look like today

in bonanza gang mind "why NSE not falling faster like oyel" be rest assure NSE is not going to join. nse close green 7 days out of 9 and green last four days in a roll

d prince opened d tap temporarily to reduce pressure on top dead body matter !

BullBearMkt:
...Saudis decided to open the oil pipeline & flood the market, hence the terrible fall. Just closed my short trade this morning Waiting for a pullback to short again. Brent Oyel looking towards 70.70 now

nice one
all d shorts dancing shaku -shaku all yesterday ! d 4hr chart still not pretty !

FBN
- d TA is better dan Access/UBA
- market pipu ehn

lolx

Wema
- price action is positive
- macd above zero line , RSI >50

veecovee:
Has anyone here experienced this from Morgan, it's my first time though.

I demanded for payment today, and I waited for bank alert to no avail. I had to called Ogochukwu.
But she said the finance team are working on my withdrawal. As I'm writing now, my bank account is
yet to be credited. And they've already debited my account with them. I've been dealing with them for
many years and this is my first experience. Can someone help me here. The worst is that I am at a remote
village on missionary trip. I needed the money so much today.

happens at times, usually get credited d ff day

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/23991_ECOBANK_TRANSNATIONAL_INCORPORATED_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

+30% y/y growth

Sterln
- Q3 PAT N8.2 bln vs 5.9 bln y/y
-

Transcorp
- price precedes news
- waiting for CP , OGG Q3 FOMO analysis
- TA been bullish a while now

currentprice:
profit taken, 257 points banked

now let go and see what some of latest NSE results is saying

nicely done

Price action
- chai una too vigilant . . - chai

Oando
- above 10-wk closing ..
- inside d kumo

Access / UBA
- FA empowered buyers
- nt a bad risk area

Diamond
- d TA is on a different path

FCMB
- MM at it again at 1.55
-

Transcorp
- fall wall out of the way
- kumo breakout

this part:
'' you cannot be aggressive when the market is not prepare to move ''

onegentleguy:
No, EPS is not annualized.
However, the slowness in effective earnings yield and the over 38% drop in EPS in the last quarter (btw July to Sep, 2018) is a course for some concern.
When this sought of drop exceeds a 20% margin, stability in growth is called into question. ...and so it makes some sense to not throw caution to the gallery.

But like I said before, ACCESS BANK remains a BUY. ...current market price still screams of an immense VALUE behind it.
Without a doubt, the coy is UNDERVALUED. ...there's a fine 'gap' to tap from at the present price.
That said, there is a need to be cautiously optimistic going forward.

thanks to u and cp always . .
nice FA's up and dan

BullBearMkt:
...that looks +ve sentiment for Zenith on Daily. Watch out for 24.20 Weekly Kumo cloud is still inverse. A bounce will be interesting!

yes oh, i see am, d wicked flat kijun below d cloud on d weekly just waiting

BullBearMkt:
...lol!!! Aluminium na correct one o. A profit on Al can "luck you up" for a 4 week holidays in Dubai while a loss will send you back to your village

lollx wicked village pipu