₦airaland Forum

samzepaparazi:
Hi Guys,
Please i need some tips on transcorp.
For the past week into this week, the price has been sustained around 1.64 to 1.70
I also noticed that whenever the price closes on the lower side, pre market activities bring it back up to 1.70
And lastly despite the weak demand, it has refused to drop below 1.63.
I need a nice explanation for this.
Thanks

- all u need is patience
- price is only at ex-div level
- not a bad level also

Zenith
- are we breaking N27 today

fxuser:
FBN

still breaking higher

Jejebaba:
Which stock TA is this boss?

FBN

fxuser:
- umm touching prev month close but no vol yet
- patience

- breaking above tight range
- SP touching a 9 week high

Agbalowomeri:
At least you understand a bit of the greek. Me no go grammar school

lolx

fxuser:
Zenith
- N27 is forming resistance

- cross trades or ghost trades
- over a bln traded .. dis MIB's sef .. trying to ghost mode into d mkt

swilo:
Oga FX,

What's your TA on it, cos I think the result shows they are capable of maintaining last year's performance if they continue at this pace.

If you have shared it previously, just give me a link.

mark downs are like buying opportunities to long term holders
slow and steady

Afri-Prud Q1
PAT N460.89 mln vs N377.68 y/y
EPS 23k

fxuser:
Oando
- finally some profit taking ongoing
- over 120 m traded (> N1 bln)

- umm

Dis Oando is distracting d whole index lolx

mendes911:
Oando. Offloading dotcom. Over 100m units sold at market open.

Oando
- finally some profit taking ongoing
- over 120 m traded (> N1 bln)

- umm

Fidelity , FCMB , Diamond
TA Update
- similar weekly pattern after 12 to 13 weeks pull back
- all 3 finding some support esp in d last 3 weeks
- all hv weekly MACD above zero line (good 1)
- all hv weekly RSI holding above 50 level (good 2)
- risk - reward ard dis levels is also not bad (good 3)
- all u need is just 1 to do very well in weeks to come , so patience
- also banking index also holding well above 500
- so its very okay to be wrong till ur right


#JustObserving

Princkez:
Oil $74.12

Fresh 3 - Yr highs

mendes911:
GTB Q1 Result:

http://www.nse.com.ng/Financial_NewsDocs/21835_GUARANTY_TRUST_BANK_PLC._FINANCIAL_STATEMENTS_APRIL_2018.pdf

Almost flat result. EPS moved from N1.47 to N1.58

ehn ehn
wat some banks are working hard towards for full yr ohh
lolx

Manonamission:
The market movers need people to panic a little so they can move in. The problem was that the low prices we saw were not accompanied with good volumes. However, time is gradually running out. The next season beckons. Their patience is being tested.

things are lining up small small

NTB
91 (10.9)
182 (12)
364 (12.07)

make dat 364 break below 10 sef lollx

#opari

fxuser:
FBNH
- slightly breaking out above of a tight range

- umm touching prev month close but no vol yet
- patience

Agbalowomeri:
Na only nsempa dey market

lolx

Volume
- very low till mid day

samzepaparazi:
Looks like its only me and you that patronise transcorp in this entire thread.

Lol
It was on full bid at a point today o.
Blink and open some people had put up offers again. I tire

- price mark down shud be today i think , not sure
- but a very good bounce on 200dma but still under d 50 dma

Money Market
- shorter ends moving gradually to single digits
- we shud see d longer dated ones moving to single digits on / before Q4


#goodStuff

fxuser:
FBNH
- slightly breaking out above of a tight range

Zenith
- N27 is forming resistance

FBNH
- slightly breaking out above of a tight range

Market
- further gap ups

DeRuggedProf:
Surely, The Wizards are around!

- easier to spot the d rich dan d camels
Matt19:24

#umm

bells pls

DeRuggedProf:
Thanks Boss.
I will follow them, but from a safe distance hiding away from their rear mirror.....

they are turning up from all sides !

Oloro29:
Fcmb has started it own big volume cross deal. Done at 2.47

- quickly breaking back above ex-div ... dis is wat u hope for
- fidelity shud take notes here lolx

DeRuggedProf:
Boss, implications in the technical orb?
Simplification of implication direly desired from you...

lolllx
institutional support

kolaish:
mainly Cross deals

> 3bln

UBA / Access
- another test below N11 won't be bad .. just to re-check

Market
- still very low vol from last week friday wt d exception of GTB yesterday (one-off)
- bearish fatigue