₦airaland Forum

fxuser:
super risk management move , good reaction . kudos madam
i'm also at my highest cash level since dec also
anyway , this is d worst weekly performance for bank Index. Week to date is a massive -8.35% (massive weekly red engulfing candle)
Personally , got my first humble pie, fidelity holdings was bady out of position wt an avg cost of ard N3 ..
i dont know how to avg down , i chop my humble pie without fuss (blame d itchy finger issues later)
every market likes to serve humble pies ard every now and den (crypto community de chop am back to back dis yr lolx)
dis sell off is likely to continue into the new week ..
opportunities will present themselves again , we wud patiently wait and not be drawn into chasing them lol


Key reminder to Self:
Never ignore negative divergences

RabbiDoracle:
For a high stock price:

It is very simple. Laymen compare the dividend declared with gain they made and calculate how many years their gain will cover the dividend assuming they pay the same amount.

Example:

Dayo buys bank A shares at N24. He hold the shares for 2 years and price hits N50. He assumes that if they pay slightly higher than the previous year dividend, he could get like N2.6 per share.

Now he tries to compare difference between N50 and N24. This is N26 per share.

With simple BODMAS, he divides the gain per share by the dividend per share. This gives him 10 years assuming they pay this amount continuously.

This mean that he compares the 10 years cash out (N26)or hold the dividend (N2.6)

The laymen will quickly apply 'Nkemjika".

wanaj0:
I doubt that the people doing 'pumping and dumping' are here. People just get caught up in a web that they themselves are not aware off!

Look at it this way, how many people understand the business that Japaul is in to? How much is the total capitalisation of JaPaul that Milost will use $250m to acquire 'Part' of the equity? Can you even trust JaPaul to do anything meaningful with any money given to it? What happened to the IPO money? So what is the expectation when one buys JaPaul? When the stock was gaining everyday, what was driving it?

During the bulls, everyone becomes an expert! The bears undresses everyone! You saw people's response to Obabolujo (sp) programme? How many people he encouraged to use short term funds (loans) to invest in the capital market? I am waiting for the IPO's to start again. MTN will come out soon? Watch at the fantastic numbers they will present. No one will mention that ARPU is reducing year on year!

People just need to be disciplined with their money. NOTHING wrong with gambling once you know for sure that you are gambling. People travel all the way to Macau to gamble paying for flight ticket and accommodation anyway!

Anyone that tells you he can determine the highs and lows should also supply you the lottery number!

Agbalowomeri:
Inside bra

Agbalowomeri:
Report no move market na

ogedanny:
Zenith bank EPS of N5.66 present a fair value of N43 when you factor 10-year bond yield - details here - http://nigerianstockstobuy.com/analyse-pick-best-nigerian-banking-stocks/

onegentleguy:
My Oga u know that if a small fellow like me had sold over 400 million units of FBNH, I would'nt have sent my job application to be the deputy secretary to ur assistant P.A @ ur office and that of high chief WANAJO. ...I would've gladly joined u at ur castle home in TURKEY.

Ur boy is LOYAL Sir.

Agbalowomeri:
Diamond had to come out of that triangle; no more room

mendes911:
They prop up prices. Do their cross deals and leave.

Some traders thought that this was a breakout for FBNH. Facts behind the figures.

Agbalowomeri:
This FBN result na till May be that

mendes911:
There's no Janetic procedure on this one. It's a straight line drowning.....

mendes911:
It has locked down already. Fast fingers should have been able to pull off.

Agbalowomeri:
Hmmmm
Flag or triangle?

Agbalowomeri:
The pillow case can only be untied on a chosen gut-given date

Igbeyin l'alayo nta

Agbalowomeri:
Okay o, tell us what is on your own mind. Me I wan separate from poverty

leo1234:
I was the one that sold. What do you want to know

ihedioramma:
Nigeria’s external
reserves now $46
Billion

Agbalowomeri:
We do blind-trading in naija; anything you see grab, grab and take cover

dipoolowoo:
Buhari Approves Tax Hike on Alcoholic Drinks, Cigaretteso
https://www.businesspost.ng/2018/03/11/buhari-approves-tax-hike-on-alcoholic-drinks-cigarettes/

RabbiDoracle:
If you say multi billion naira sales, people will not understand it well.

Access has outstanding units of 28.93b and 1.1b units was sold. This is 3.8% of the bank.

RabbiDoracle:
I learnt Stanbic sold.

Hmmmmmm

fxuser:
trnx btw meristem and stanbic !
not a big deal

RabbiDoracle:
You will be called a monkey hunter ooo. You and CP.

tritritri:
Sold my flourmill at 36 , Don't knw if i made a mistake selling as am scared abt the 37 resistants..


Am i the only one making dis mistake ?


cc currentprice ,