₦airaland Forum

onegentleguy:
Good day all,
I just wrote another article with the title:

"THE 1ST BASIC SECRET TO FINANCIAL FREEDOM".

It's published on booksie, medium and the personal finance section of opinion Nigeria.
This article will surely serve the benefit of a lot of the Nigerian populace !!
Kindly take your time to read through by using the link below;

https://www.booksie.com/554311-the-1st-basic-secret-to-financial-freedom

Chibuking81:
But any idea about the banks he is talking about? Maka na nkwucha aburo ujo.

Agbalowomeri:
Na dangote index dey crash no be nse
Small time dey go calculate paper networth
Richest should actually be calculate in terms of cashflow, not all these bubble valuations

rationalmind:
Don't know which is more difficult to understand between this and your TA snippets

Are you by any chance a medical doctor in your 8-5?

Chibuking81:
http://saharareporters.com/2018/06/02/some-nigerian-banks-verge-collapse-—efcc-boss-magu

Agbalowomeri:
Na dangote index dey crash no be nse
Small time dey go calculate paper networth
Richest should actually be calculate in terms of cashflow, not all these bubble valuations

onegentleguy:
Yeah just confirmed the news now.
...but I think there could be more to it.
No big deal though.

onegentleguy:
Seems the news of some in-house fighting between 2 executive directors of GTB and the CEO Segun Agbaje may not be unconnected to the last minute fall we saw in the price of GTB today.
A friend just informed me that 2 directors of the bank (head of corporate services & corporate banking) have resigned following from some irreconcilable differences with the CEO.
In the interim, I do not think this can have any negative impact on the banks operating model/performance. ...'cause as far as I am concerned, GTB remains the strongest coperate banking brand in the country.
However it could be that some insiders in the know may have already begun to react negatively to the news.
...investors almost always tend to overreact to market related trends.

We continue to observe.

#unconfirmed

Mpeace:
Don't you think q2 results would lead to some rise in june ending/july

Mpeace:
HOW ZENITH ALMOST TOOK ALL OF MY PROFIT FROM TRANSCORP AND OANDO
On 30th May, I remember buying 350,000 units of zenith bank at 26.2 because I thought the bull was around, more so that diamond, fidelity, fcmb and transcorp (among others) went on a sudden full bid. Minutes later, the bulls started losing strength so I immediately sold all the units at 26.10. At that point I was pained because of the loss and the broker's fees which all came up to almost 210,000 loss in just a few minutes.
Looking back now at the price of zenith bank(25.50) today, I have no regrets. I would have lost more than the dividend would have given me. I even think I can get it at 24.

RabbiDoracle:
Person wey im mind no strong should leave the market.

The big caps are falling and slicing the index.

Banks are trying to stay positive.

2zona:
Same to you bro.
At bolded, fear catch me for that kain sell off oo. Lets hope the bloody May has gone and gone for real.

currentprice:
how can you plan to enter mkt when you see chart looking like this? i hope there is magic tomorrow for the shake of my ppl money

cc fxuser

RabbiDoracle:
It will rise before it falls again. Maybe rise for a week or two and people's mindset will be that things are well, it will start to fall.

locodemy:
Will they be truithful?
If truely they added following following their technical charts,they should be in life supporting machine by now especially fxuser.

LOL I STILL SEE THEM HERE AGAIN TALKING LIKE NOTHING HAPPENED.

BullBearMkt:
MARKET CLOSES WITH BULLISH ENGULF

Today, NSE market closes with a bullish engulfing candle. This is accompanied by nice increase in volume. Technically, this is an indication of a temporary reversal. Looking ahead, the market needs to overcome resistance around 40500 - 41000 (chart 2) before a longer uptrend could be established. Else, bears could resume duty if this resistance proofs to be strong for the index.

Chart 3 is the monthly outlook of the market, if tomorrow last trading day in May could be bullish and we have a pin-bar on the monthly chart, then this will be similar in pattern to 2014 when the year started bearish and lasted for another 4 months before the appearance of the pin-bar which marked the start of another 2 month rally before the heavy fall.

Something must be special about MAY - 30/05!


PLAN YOUR TRADES AND TRADE YOUR PLANS

DOLLARTEX:
Zenith 25.60,chai

phemmie06:
https://www.vanguardngr.com/2018/05/mtn-group-perfects-plans-nigeria-public-offer/

BullBearMkt:
...lol!!!
With the NSE index still displaying lower-low, Momentum still pointing downward and we are a bit far away from the current value zone (highlight), investors are not expected to buy into the market now. Let the market gives the signal with the right sentiment first

fxuser:
2015 q4 to 2016 q1

safepaulooo:
I think qty traded and on offer are significant. The former tells the story from the buyers end while the latter from the seller's end. If qty traded is not much despite much offer it shows that there is resistance to price fall and the fall is not sustainable. Its a PANIC SELL. If qty traded is much and qty on offer is much as well, that is a scenario for GREAT WORRY. Price fall will continue, bottom is remote. That is what was experienced between April and August 2015. FPI exited without mercy. I am of the opinion that the current trend is trying to mimic that period of 2015, but I'm strongly hoping it's a false alarm cos politically and economically things are much better than they were in 2015.....#personal opinion

DeRuggedProf:
Driver excuse himself to visit the rest room, leave conductor behind, later conductor too sneaks away, passengers start to Jaaaaaaaa

robobo:
hello chief. please on what timeframe is above? daily? weekly or monthly