₦airaland Forum

What can be more "down to Earth" than a BIG MAN sitting on the floor?

Assuming you give him this time do you think all his problems will go away?
If not, what will you do? Will you keep giving him God's Tithe?
When dealing with God you must learn to cast down reasoning.
You are not in a position to decide on tithe.
IT'S NOT YOUR'S in the first place.
If you give away that money, the blessing will stop and the curse will follow.
The devourer will be allowed to do his job.
Read malachi 3.
Fear God my brother. He is not a man.

Leviticus 27:30 "'A tithe of everything from the land, whether grain from the soil or fruit from the trees, belongs to the LORD. it is holy to the LORD.;

Matthew 23:23 "Woe to you, teachers of the law and Pharisees, you hypocrites! You give a tenth of your spices--mint, dill and cummin. But you have neglected the more important matters of the law--justice, mercy and faithfulness. You should have practiced the latter, without neglecting the former

Heavy buying of oceanic bank's shares today. In the region of N4.07b. Number of deals also jumped 300% from the previous day's.

FatherOF2:
ha na wa, oceanic is not going right again. which kind tin be this. 1% is just a whole new ball game.

When you announced your proposed adventure with Oceanic I really thought you had become a long termer.

@All
Anyone know what the driving force behind the demand for Dunlop is?
Isn't this the same company that the media was reporting it's death throes?

The 100k rule seems to have been sidelined TODAY.

tufe:
Afribank to pay dividends of 50k per share and a bonus of 3 for 1. pretty cool.

@shad

i think linkage is a good buy, but i about lasaco. . . . . hmmm, well let fadaof2 speak up

Linkage is good no doubt but please look at the number of deals it has registered  in the past two days:
11 yesterday and 4  today.
Talk about hoarding!
I have bidded for Lasaco with no success even at the days max price.
In some cases, huge volumes are seen but with very low number of deals. For example:
Wapco today traded 10,215,493 units in just 14 deals. I think the big ones are getting preference these days.Perhaps this is the share buy back playing out. Interesting times.

Hi JeopardyE,
I don't think it's very nice to tell someone who's just got well that he could be sick again. It's a fact that it can happen but just not nice.
Rules are made for man and not the other way round, so please relax

rasputinn:
@ All

Does anyone know a quick link where I can get the daily stock positions on the NSE,I mean the one that indicates upward price movements in green,downward in red and non-movers in blue just like it used to be in the old NSE link before they started asking for link activation that doesn't work.

PS;The TRW link is not bad but I need something more detailed as above
Thx

And the format at Nigerian securities won't do right?
http://www.nigeriansecurities.com/dailyposition.php

bioye:
Hi gurus,

What do you think of these 4 stocks for short term? I'm looking at buying significant quantity of each today.

1. Dangote Sugar
2. CAP
3. Nestle
4. Wapco

I'm waiting on you, guys. The time ticks,

Hi Bioye
CAP & Nestle looks good for short term. Roomy. They are two stocks that were almost mortally wounded so are now healing. I just pray you will get a reasonable amount because holders are holding tight especially with CAP.Netsle's volume is improving.
Wapco has been on the run for a while. You are about to enter when Sellers are waiting for the signal to exit. Just look at the opening price of yesterday's transaction on the stock. The price depression should tell you something about the mood of holders.If you get then you must be on HIGH ALERT!
No comment on DSR except to say look at the graph yourself and decide.
I am not responding as a guru o. Just an sharing an opinion, ultimately the decision is your's.

icemann:
bross go to a stock broker and buy ecobank shares now
i bought last year before the suspension at 7.85
the suspension was lifted on Monday.
as at mon it was 7.95. but today 9.18
thats more than 10% increase in 4 days.[s] it will still rise to about N20
that will be in 4 weeks
so your money may double in 1 month [/s]
but don't expect too much money
sometimes they don't turn out as expected

ICEMAN,
You wish .

[center]erased[/center]!

Kevin Mitnik was a celebrated computer hacker. He was something of a marvel. He realized something:He didn't bother beating the machine. He exploited the weak link in the chain, man.

The market has got psychology that needs to be understood.

Fo2 once said that the market is riddled with codes. Absolutely true.
Each days pricelist speaks volumes.
Two things happen basically when shares are exchanged:
buying and selling.
Each action is a force that causes price MOVEMENT.

Remember Newton's law of motion? Objects will remain at rest or continue to move except a force is applied to interrupt them.
Results, rumors, news, profit taking, government policy etcr will only CAUSE either of this: BUYING or SELLING. These two actions are the true market forces.

Don't trade if your knowledge of economics excludes the law of demand and supply.

Those who say it cannot be done are usually interrupted by those who are doing it.
As volatile as the markets appear they obey the law of demand and supply very strictly.
The fundamentalist worries about whether it's cheap by always scutinizing PEs and other variables.
The Technicalist focuses on PRICE which is a product of BOTH PE and EPS but he is more concerned with the demand and supply curve.
The fundamentalist is very intellectual but the Technicalist is practical.
I don't see any place for chance in this market. Some things are actually very predictable.
Every man his own.
Bioye, I think you should be talking to FO2.

Roland E:
I,M LOOKING FOR MY TOWNS PERSON IN THE HOUSE.
MAYBE AGBOR. ANYWAY, HAVE A NICE DAY.
VERY LONELY IN THE UK.
HAPPY INVESTING

Well Roland, this isn't the best venue for us to have our village meeting.
I just read your previous posts. Helped me gain an insight. I think I can help you on some aspects.
If you need to get in touch, do so by writing to my proxy mail (sighingfreddy AT gmail.com). We'll take it from there.
Daru Wene.

Roland E:
DEAR MR IWEREBOR, ARE YOU FROM AGBOR IN DELTA STATE?
THANKS

Dear Roland E. You stand at a cross road. I happen to be passing by and you ask me a question. I confirm.

tkb417:
@Iwerebor
thanks. .i actually stopped following the bids position of that site. Sometimes they don't update the bid positions for 3 days.

I'll verify with the bid positions on the NSE site to see if its actually what ure saying. I agree with you Monday will decide on whether to sell or hold.
I personally still feel those stocks will still continue the bull runs next week. lets see how it goes sha.
Thank you

Never knew stock positions are posted on NSE site. Just surfed it but looks like alot of areas on that site is open only to paying subscribers. Is this the case?
Help me with the link, please.

tkb417:
@iwerebor
please, explain the signs you saw today for those on board of Costain and Etherna
I don't think i saw any signs. . .please, share with us the signs so we can unfasten our seatbelts

How can? with the unfulfilled bids on the two of them?

@Iyke-D
Its not all you see that you say. . .learn to keep quiet

Well, according to this site http://www.fidelityunionsecng.com/index.aspx the unfulfilled bids for both are marginal.
Except the figures are inaccurate or a surprise may arise. Whichever the case is let us be ALERT.
If I were on board though I would let Monday be the Deciding day for my sell or hold decision.
Monday is usually a bullish day. If those stocks don't act true to form then your decision is as good as mine.

OandO may have boarded it's last passenger today for next week's flight.
Access is however offering, perhaps, a last day opportunity.

I saw a warning sign today that read:
Holders of COSTAIN [/b]and [b]ETERNAL should head toward the EXIT NOW. Especially for the former.

TOYNEX:
Hi Gals,
I'm interested in stocks.
Can anyone put me through? How do i go about buying some and in which company? I mean good coy

Toynex,
Get an account opened with a broker and come back here to learn how to pick stocks.
This thread has a HUGE amount of knowledge and information. Immerse yourself in it.
Trust me, the effort will pay generous dividend.

cj2008:
My fellow nairalanders,all eyes seem to be on d bankin sector,oceanic bank seem 2 hv caused a scare in the market.
i appeal to evry one of us to be careful in placing their buy mandates,in order nt 2 be cheated,my favourite theory is to buy a stock when its nt moving,those holding oceanic in their portfolio caused a scare yesterday when d UNFILLED BIDS GT TO 5.SMTIN MILLION UNITS.PLACE A GD PRICE LIMIT.

Buddy,
what's your source for the figure you quoted for the unfulfilled bid?

I guess you would say PROSHARE. Right?

Rumor mill is also spinning a tale that Intercontinental bank is packaging a dynamite in the name of Year End result. The adjective used to describe the result was "unprecedented"
I hope it turns out true cos I almost considered offloading a substantial amount that I got years ago at a bargain .

Fatherof2
The most impressive thing about reading your post is the confidence it exudes. I really like that.
I am an admirer of an aspect of your investment strategy. Very contrarian.
The selflessness in sharing is amazing too.
Keep it up.

On your EternaOil, I think it has till [b]Thursday [/b]to locate the floor. Please give it another look.

thanks loma
received.
The exodus has begun.

Erased!

crashderiv:
Hi guys am crashderiv and also new to the forum.
Quite interesting I find it but wetin I wan yan
be say my stocks just dey plumet without breaks

Wetin I go do any budy!!!!

Simply wait for the season to change. Don't personalize this or you will get yourself in a panic.
Every portfolio is bleeding in various degrees, even those of the gurus.Its a market wide thing. It's a SEASON. Seasons change.
Please do not worry. Alot of folks are looking for money to pick UP your bleeding stocks. If you know anything about economics, then guessing the effect of that action won't require a degree.

@Gees
Thanks. I appreciate that link you gave me on market bid/offer. Found it very useful.

Unusual is the pace of the thread today. Like bear movement .

Does anyone know a site(s) that publishes the daily BID & OFFER position of stocks on NSE?
Would appreciate the information.

Hi all,
Looking at the newly released result of BENUE CEMENT COMPANY and in retrospect WAPCO Lafarge tells me that all may not be well with the BUILDING MATERIALS sector.

Ashaka cement is yet to release it's result and they will anytime soon. This particular company presented a very good buy opportunity due to selling pressure last week and I think many CICOers may have swooped on it, so I am advising against complacency. For some reason I don't want to hold that stock when the result breaks, so the next week's trading sessions should be very critical for me.
All caveats observed!

@NaijaDr
Hoped to get your UBA bid and offer status of the market.
I use UBA stockbrokers too but can't get them to include me in their mailing list. Everything about their service indicates overworked staff who haven't got time to attend to anything but buy and sell mandates.

pumping777:
Many prices occur between the low, the high, the open and the close prices. You won't find your individual sell or buy prices on any site except you bought or sold at the low, high, open or closing price for the day.

You should only be concerned if you stock was bought or sold at a price lower than the lowest for the day or higher than the highest price of the day.

Of course I won't complain if it is sold at a price higher than the highest of the day or bought at a price lower than the lowest of the day

I don't know how you know this pumping but if it's true, then my confidence has returned. I thought the fluctuations of a stock are fully captured in the opening,high,low and closing prices.

easimoni:
According to my FSDH sheet, the lows for the aforementioned companies are
FBN 48.75
GTB 36.36
UBA 49.81

Your broker sold your shares within the day's ranges. Abi did I misunderstand your question?

Your understanding is in order easimoni.
I couldn't have wished for better answers from you guys.

By the way Easimoni, I looked at your your recent upload for this thread, was really amazed how you came by all those data and the patience you managed in compiling them. That's really painstaking job.Very commendable.

I used it to further my research on Union bank. Was scared by the share outstanding you calculated for them. You increased it from 11b to 14b. Remarking on it you said there is a 9billion goodwill to be written off.
Didn't really understand how paying off goodwill increased the share outstanding.Is there some sort of conversion at work?

Hi All,
Isn't CSCS trade alert supposed to be error free?

Twice now that I have noticed, their trade alert figures have not matched the pricelist on various websites.
Today for instance, they reported the following prices for these shares I disposed:
FBN, N49.80
GTB, N36.74
UBA, N49.95

I have checked across various websites and can't find a match for them even in the fluctuations.
These same shares when they were bought were some kobos higher, now in selling they are some kobos lower.
What's going on? taxation or what?

CICO the way FO2 does it is simply buying at a discount and selling at a premium from that discounted price.
It's about exploiting the fluctuations a stock goes through because of the forces acting on it.
Sometimes, this fluctuations leave gaps that a trader sees as an opportunity to profit from.
You just need to know what to look for for this to work for you.
It's about recognizing opportunity and exploiting it in a timely manner.
If you understand it well, you can enrich yourself even from companies like CCNN, transcorp etc.

It has merit.