₦airaland Forum

bolabiyi:
oga, you don join locodemy Thunder gang?

- no oh madam
- can't shout

sellydion:
A lot of sentiment comments on FBNH. IMO, I expect this to go down to allow us load at better price.

Better stocks like Zenith , UBA etc are sweating it out with Mr. Market and agent TIME

- very true
- plenty analysis paralysis from different quarters
- ... a lot of smart people tearing numbers apart


Zenith
- d bears lost d battle at N27 , they hv moved to N28
- thunder fire dem lollx

PETERiCHY:
NSE the more you look the less you see .

Yesterday I placed some of my ETI for sell @#20:40, 50000units to be precise and my trade was the first order at that price.

Later on about 28000units was filled suddenly a 20000units order @ d same #20:40 came from nowhere and overtook mine.

I thought trade orders are executed on first come first serve basis

i think market makers get in first

UBA / Access
- will price re-test below N11 .. ?

kenmaro:
Please, what do you think will be the movement of FBNH stock base on the 25k dividend?

- cud be either way , d real question wat do u intend to do?
- IMO news are always over rated and usually priced already
- while daily movements are very very noisy
- the weekly, monthly is very bullish, unlike most fbn held above its 40 week avg since Oct last yr
- if it drops , i likely look to add more
- if it goes up , i just keep still and let it develop
- ff ur plan and not the noise

HonyFlour
- closed at d day high

Parisfran:
Somepeople have some growing up to do.

The index is doing well, to those that don't know what to buy yet, just position your self in companies that did above 3% gain year on year and you will be fine.

Fxuser, what technical confirmation do you have from the NGSEINDEX chart? Epp us.

banking index don find some level of support

samzepaparazi:
Just pannick sold. It was on full bid but the bids were not strong enough.

Hope i havent made a mistake.

Transcorp

- so far u didnt lose money , issorai

Diamond
- its okay to be wrong on d right amount of exposure

#random

mendes911:
They are pumping FO.... Let's see how far they are willing to go. MM...

- noticed it opened higher also
- breaking back above N40
- still long term bearish

Transcorp
- opens higher

FBN / Zenith
- support moves up

Fidelity
- still at mid field

PETERiCHY:
We are now cruising at high altitude of above $75 per barrel.

Remember 2018 is the GAME.

*ThE OcToPuS*

oya e fun won legbegbe


#oil #Naira

Teeonly:
http://www.nse.com.ng/Financial_NewsDocs/21894_SOVEREIGN_TRUST_INSURANCE_PLC_FINANCIAL_STATEMENTS_APRIL_2018.pdf

+500% jump !


#issorai

swilo:
I am patiently trying not to be impatient.

I feel like loading Diamond bank but assumption is not a strategy

'' . . I am patiently trying not to be impatient. ''

summary of my constant mode


#LovIt

HonyFlour '
- higher opening
- trading at d day high

Mpeace:
Transcorp. Eventhough I don't know why its on full bid, I can only thank God. My 20% loading.
Why is that my fellow transcorpian that almost lost hope in transcorp.
Waiting on Oando, diamond and fcmb. We making money this year.

- twas just a shake out
- the real test is ahead
- sit still .. more shakes to come

Manonamission:
The Elephant

Do not bet against the Elephant

- nicely breaking N13 with some vol
-

rationalmind:
Should break off today, next junction is N31

- in d near term
- a close above N27 at end of d week is decent towards a new month
- sit tight

fxuser:
Zenith
- wil dis N27 offer finish this week ?

- almost a billion worth traded on dis fence ! !
- very stubborn

Mpeace:
You mean sellers or the bull.
I learnt the forensic audit is out but still at Adeosun's table.

- dem FYE / Q1 too de sombori table
- but i ff price action

Fidelity
- build up to month end

Zenith
- wil dis N27 offer finish this week ?

Oando
- its not over yet

FBN
- buyers had the last say on fri
- we shud break above N13

onegentleguy:
Thanks for this my dear !!
I remember stating it here that the stock couldn't have been marked down on Monday the 16th of April.

The part in bold will only affect an investor who sold on the 16th. ...going by the DPR (dividend payout rule).
By inference;
Assuming an Investor sold 10,000 unit of Dangote Sugar on the 16th @ N22, then transaction value would've naturally amounted to N220,000.
But given this NSE disclosure, then any selling price on the said date should've been adjusted for the N1.25k dividend payout.
hence using the example above, selling price would now be N(22-1.25)= N20.75
Therefore transaction value would be N20.75 x 10,000= N207,500.

However, we need to confirm from anyone who sold on Monday to see if this was indeed effected.

This is another clear case of the many quixotic things we see as investors.
Nothing surprises me in this market anymore.
The most important thing is for one to try and always be ahead of the curve in learning 'the many dance steps within the NSE room'.
...for 'the dance steps' are, and will always be many.
it's a strange room !!

na real quixotic

#newWord

OakPearl:
SP on a run.
Amazingly defying logic esp without FY 2017 or Q1 2018 results.

- Price precedes news mostly

#BuyTheRumour

Seplat

- plans to pay interim dividend on Q1

#carryGo

Transcorp Hotels Q1
PBT N874.2 Mln vs N543.2 mln y/y

not too shabby

OBAGADAFFI:
https://nairametrics.com/mtn-selects-nigerian-brokers-for-planned-ipo/amp/?__twitter_impression=true

Renaissance Capital, FirstRand Ltd.’s Rand Merchant Bank, Nigerian firm Chapel Hill Denham, Vetiva Capital to work with global co-ordinators Citigroup Inc. and Standard Bank Group Ltd.

PepperDemGang

Dwizeone:
It doesn't seem so, we wait

- a very stubborn level .. l

General Mkt
- seems most stocks are all rejecting their respective monthly lows but yet to break above prev monthly close
- bears tayad , bulls neutral

UBA / Access
- firming up ard n11

feelamong:
Just looking around bro...just incase there is any bargains out there

You dey talk about Bitcoin 3% gain when we dey talk about 100% gains in pundix and Monaco wey we just chop finish

ALTS doing well

#sittingTight