₦airaland Forum

FCMB
- one of d very few trading above its 2 prev monthly close

wanaj0:
The All share index will be inching up gradually.
Money market return is dropping so no longer attractive.
Exchange rate stability will continue to draw foreign investors.

wt oil firmly above 70

Index
- hanging on 40k levels , very important level
- general bearish fatigue
- with below avg vol
- only 4 stocks traded over a N100 mln worth sef
- mkt in need of fresh FOMO

#WaitForIt

mendes911:
Where's is Sir FXUser? You don't provide those technical analysis anymore.

#Sit-Still.
#Dragon Fly
#Gap-Up
#Lower-High
#Lower-Bottom-Yarsh

lolest

Oil
Brent crude hits fresh 4-year high

DeRuggedProf:
What is the crystal ball revealing?

dis month is crucial

DeRuggedProf:
To9mo9rfrfo9w2 sqe3qe3ms adqe3zcadadqe3s adw2ady

zee Prof
long time
i thot it was ur wallet address lolx

onegentleguy:
One of the greatest mystery behind an OPPORTUNITY is that it will sometimes 'disguise itself' and hide behind an obstacle.
...hence given a much better scenerio an 'ugly look' and blowing it out of proportion.
The key however lies in ur ability to 'weigh' the difference between that which is REAL and what is virtual.
...because then u can 'unlock' that obstacle and grap the OPPORTUNITY.
This is particularly true of the stock market terrain especially the 'NSE room'.

My advise: Try and read thru the recent YE and Q1 results of C&I leasing very well, then read thru this post again.

My verdict: Follow ur instinct.
NOTE: DD advised as always pls.

came out on top of d weekly gainers list !

mendes911:
Fidelity Bank. Who's lining up these squad of 500k units?

dis MM's ehn ! they need deliverance lolx

PETERiCHY:
First Bank of Nigeria Limited, Stanbic IBTC, Standard Chartered Bank (SCB) and Zenith Bank Plc have been appointed the settlement banks for the $2.5 billion bilateral currency swap agreed between the Central Bank of Nigeria (CBN) and the People’s Bank of China (PBoC) which was announced Thursday.

https://www.thisdaylive.com/index.php/2018/05/04/fbn-stanbic-stanchart-zenith-appointed-settlement-banks-for-naira-rmb-currency-swap/amp/

With this development USD will crash.

$50 billion reserves sooner than later
Emefiele will be hard to reach lollx

FBN
- qualification is today innit

#fyi

Mpeace:
Transcorp paid us 2kobo but we are still happy and gave it a bull in appreciation.

yeah price quickly back above ex-div , fcmb showed similar behavior

ukay2:
https://www.nairaland.com/4486336/fbn-zenith-2-others-appointed#67265377


FBN. ZENITH BANK, STANBIC IBTC AND STABDARD BANK......appointed as settlement banks between nigeria and china currency swap

#PepperdemGang

swilo:
Diamond riding on the goodwill of FCMB and Fidelity.

-
- will Q1 reflect UK divestment ?

Mpeace:
Transcorp paid us 2kobo but we are still happy and gave it a bull in appreciation.

yeah price quickly back above ex-div , fcmb showed similar behavior

Have the courage to:

1. Get back up
2. Ride winners
3. Accept losses
4. Ignore naysayer
5. Admit a mistake
6. Believe in yourself
7. Take calculated risk

#Goodmorning #copied
ff @Rayner_Teo

sellydion:
@fxuser pls give me update in technical terms on Transcorp

- 14 weeks since Jan high
- forming higher low on weekly timeframe or finding some decent support-
- many stocks can relate

fxuser:
sir !

Fidelity , FCMB , Diamond

- all trading above 4 month low
- good support levels
- openings above prev monthly close
- FCMB breaking a 8 wk range
- good set up

DangFlour
- more red flags
- monthly gap down ! (price opened much lower dan prev monthly close )

Zenith , Access , UBA
- looking good
- higher monthly opening on vol is a good thing

and be be lo

Hav a blessed and fruitful month folks

RealityShot:
Fxuser

sir !

10 Ways To Reduce Stress:

Don’t respond to negative people:
You do not have to answer to people that do not understand what you are trying to do with your life. The odds are that your critics and naysayers have no idea how it will be possible for you to achieve your goals.

Get exercise:
A lot of your mindset and well being can be correlated to your fitness level and daily activity. Exercise is a great way to manage stress by releasing it.

Eat healthy:
Consuming food that is nutrient dense and gives you energy can help your perspective and mood by giving your energy and helping you feel good.

Read:
Always read books that help you structure your thoughts, grow, and fill in gaps in your thinking.

Write:
Putting your thoughts and feelings on paper can help bring them into your conscious mind and help you understand them and manage them.

Be generous:
Giving to others will come back to you in the long term in ways you will not expect. It will also help you break out of a scarcity mindset and open your mind to also receive.

Sleep 8 hours a night:
A good night’s sleep can heal a lot of mental and emotional pains. Sleep deprivation will increase stress levels and lead to bad moods and exhaustion.

Have healthy family time:
Spend time with your family that loves you and supports you. They can recharge you. Knowing you are supported and loved unconditionally can energize you and give you strength to overcome doubt.

Be thankful:
Appreciate what you have, thankfulness for what you have can lower the stress about what you don’t have.

Be a good friend:
If you are a good friend you will have good friends. Calling good friends when you need someone to talk through your stressful events with will help lower stress levels.

Do not take your eyes off the prize:
A big enough future goal can make your current problems and obstacles seem small. It takes a big vision of your future to bring down your present stress levels.

#Random

Trading Can Be Stressful

Jejebaba:
"despite the issues that almost marred the meeting, shareholders of the company approved the payment of dividend of 10 kobo per share for the 2017 business year." I was thinking they will also take their angle to next level by not approving the 10 kobo dividend but they ended up disappointing me.

argh news headlines wud be interesting ..'' Racor at FCMB AGM , auditors report missing, chairman & board members beaten up''

lollx

dipoolowoo:
Chaos at FCMB AGM as Shareholders Exchange Harsh Words
https://www.businesspost.ng/2018/04/28/chaos-at-fcmb-agm-as-shareholders-exchange-harsh-words/

this part cracked me up

'' shareholders of FCMB expressed their frustration with the lender on non-receipt of gift items some of them complained of at the last AGM.
They described as wicked not giving them gift items and said the gifts were supposed to pacify them with the bank’s poor results in the 2017 financial year. ''

lollx

ETI
- in TA terms its called a weekly breakout

Mkt
- buses cant go far on low fuel
- dilly dallying

fxuser:
FBN
- bears had the day and d week

awon analyst

https://trwstockbrokers./2018/04/26/fbn-holdings-plc-weaker-q4-drives-fy17-earnings-miss-buy-with-tp-of-n1588/

FBN
- bears had the day and d week

dipoolowoo:
Our Digitisation Strategy Rapidly Yielding Results—Ecobank
**As Shareholders Laud Return to Profitability
https://www.businesspost.ng/2018/04/26/our-digitisation-strategy-rapidly-yielding-results-ecobank/

Diamond Bank Sells 100% Stake in UK Subsidiary
https://www.businesspost.ng/2018/04/26/diamond-bank-sells-100-stake-in-uk-subsidiary/

Nigerian Stocks Lose 0.12% as Market Corrections Persist
https://www.businesspost.ng/2018/04/25/nigerian-stocks-lose-0-12-as-market-corrections-persist/

Diamond shedding excess weight, they shud sell the MD join lolx

Things that can take longer than you expect

- rallies
- pull backs
- consolidation

in all things , hav patience

#randomThot

Oando
- rejecting the day low to full bid

Oloro29:
Pls your take on fidelity bank, bought @ 3.10

um
- it's on its 3 monthly pull back after a massive rally that started oct last yr
- SP gained over +170% btw Oct - Jan , and closed ard N3.60
- Since then price has closed lower for the past 3 months due to profit taking
- SP is trading above its 3 month low of N2.09 , seems to hv found some support (pref buy area)
- the outlook is still long term bullish while d short term is consolidating pending earnings and all d drama dat comes with it
- d koko of d matter is that ur on d wrong side of d trade and this happens wen we buy too early (im guilty of this too)
- managing a drawdown is another issue or topic rather, wh is where i think ur question is leading to

Real Question
- what do u do , when ur holding is down over -20% ?
a) do u wait
b) do u add to it to avg down
c) do u sell part of it
d) do u sell most of it
e) do u sell all and just move on

My ans is that there is really no ans but tilt towards that wh would make u sleep better wt less headache.

(Note: Also if the DD (drawdown)is greater than 2% of ur capital, then u bought too much, best to reduce first before we approach d above)

Flour mill
- shud find support ard here
- long term trend remains

#justObserving

Dang FLour
- buyers stacked below N13
- 4 weeks closure > N13
- a 20% +/- upside will take price to prev weekly resistance levels ard N16.50 region
- just comparing risk reward up & dan


#JustObserving