₦airaland Forum

Why your candle no talk yesterday?

I have to order my own candles from India sharp sharp.

See me see Nascon o. I don reach 21% gain dey wait for 25% ,na so dem break my back today.

Candlewatchers, shey e go rise again?

buzzgonz:
pumping777 - Bros no vex oh wetin be "PO & TS " _{*Scratching my head*}

Apparently, you are new to this thing. You may want to read back on this thread or check this other thread for explanations/basics.

https://www.nairaland.com/nigeria/topic-82565.0.html

Market never close? Abi today no be Friday?

Favour08:
@Ioma
who be your broker??

I use Capital Assets

yodiyokun:
Candle man, That na your new nickname.

Wetin the candles talk for NASCON,

Yes o Candleman, in the absence of Larry's crystal ball, wetin the red candles talk for Nascon o?

Finally got SCOA today, this thing hard no be small o! My broker was no 1 on the queue today. Need to get him something sef!

Me too want double-money-making personality o!

This Valentine day, wetin we dey buy o? I mean for NSE, not for those babes o!

FatherOF2:
Ah i don see am finish,

DOUBLE PERSONALITY INDEED DEY HERE.

Baba (as Ololufemi would say), stop speaking in tongues.

Words cannot be big to the extent of cutting it with knife (apology to josephat)

Speak out

NASCON appears to be slowing down, time to bow out?

@Napolean, if you are big , you are big.

@myself, if you are small, you can be big!

Todays's interim prices.

http://www.trw-stockbrokers.com/services.aspx

I do not have a crystal ball like LarryBoy,
Nor do I posess 'news behind the news' like WindyWendy
I cannot blow candles like AktopGun
Nor can I do murabazu like LondonCool

I do not claim to be a CICO guru like F02
Nor do I have daily bid positions like Kpineo
I cannot do on-spot analysis like Pumping
I no dey resolute like Shigidi
I do not lay claim to Stock Marshal fame when we have people like Wanajo
I cannot talk of NSE history with precision like Frankiriri
And who am I to give tutorials like juggernaut Easimoni

I am no 'woman-like-man' where YodiYokun is concerned
Nor  do I have the praisesinging-ability or humor of an Ololufemi
And who am I to buy PPs on listing day like Napoleon

So I decided to go through this thread's history and do a combination of fundamental, sentimental and technical analysis,and come up with a prediction that you can take to the market tomorrow,whether you are a fundamentalist,bomber,or CICOer.

Based on the Hare-Khrishna Candle-light charts below, looking at the convergence of the Kamikaze and the Burakina at the confluence of a Valentine full moon , we observe a bullish run on this thread between Sept 2007 till date, with maximum capitalization reached in January on this thread.

Judging from the MACD-RSI buy and sell signals, I can safely predict that February will be bullish, with pages of posts on this thread exceeding 200 pages in February 2008 alone.

father of plenti, throway me email at alomabello at hotmail dot com.

I follow ur airservice jist well well.

FAther of plenti, where is the next Nascon. Smiling at my spreadsheet money, bought a load at N16.40



Easimoni,shey  na u dey carry the SCOA  no gree let me buy. Allow your boy just 200k units please.

Zomike, read back the last 10 pages, then come back to ask your question.

A word is enough for the wise! When there is convergence of gurus,deities,bombers,sentimentalists and kamikaze murabazu candle watchers on a stock, do not hesitate!

ebony9ja (m)
Warri
Posts: 73

Offline

 Re: Stock Market Tips For Nigerians
« #13264 on: January 31, 2008, 08:59 PM »  

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I am actually thinking of getting into Nascon. when am thinking, it means am already in 25%. Dont ask me for fundamentals oh. we all know what the basic indices are on this stock.My hunch on this fell on the side of sentiment and others factors that people may find ridiculous- that is if you are all so technical about stocks,   Some of my biggest gains in the market were made as a result of my propensity to follow my hunch.  One thing is sure however, it seems it has bottomed out. N15 to N16 is a good stock up price for me,  you don't make reasonable gains if you keep going with the masses,  You should strive to look into areas where others are not looking or better still - fail to look as a result of fear, At this price, if It gains N3, I can get out smilling.from where i am sitting, Nascon should be able to do that with 3rd qtr result,  The ridiculous part,  I will say it later.



yodiyokun (f)
canada
Posts: 485

Offline

 Re: Stock Market Tips For Nigerians
« #13270 on: January 31, 2008, 10:30 PM »  

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Quote from: ebony9ja on January 31, 2008, 08:59 PM
I am actually thinking of getting into Nascon. when am thinking, it means am already in 25%. Dont ask me for fundamentals oh. we all know what the basic indices are on this stock.My hunch on this fell on the side of sentiment and others factors that people may find ridiculous- that is if you are all so technical about stocks,  Some of my biggest gains in the market were made as a result of my propensity to follow my hunch.  One thing is sure however, it seems it has bottomed out. N15 to N16 is a good stock up price for me, you don't make reasonable gains if you keep going with the masses, You should strive to look into areas where others are not looking or better still - fail to look as a result of fear, At this price, if It gains N3, I can get out smilling.from where i am sitting, Nascon should be able to do that with 3rd qtr result, The ridiculous part, I will say it later.


Oluwa iye --- see this man ooo he has let the cat out of the bag.

Chei I refused to mention this stock today here, I have research am tire and my instincts tell me it is going to be a winner.

Please delete the stock name before peeps see am ojere.



FatherOF2
Posts: 488
« #13284 on: February 01, 2008, 03:48 AM »  

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Quote from: yodiyokun


@ ebony9ja

   You're right about NASCON. I told one or two people to hold on with theirs because it'll surely perform before that PP.Nascon go recover before that deal go see light finish.

THE KEY TO THIS BUSINESS IS TO DETECT BEFORE ACTION STARTS FOR A STOCK.


ololufemi
Posts: 371

Offline

 Re: Stock Market Tips For Nigerians
« #13336 on: February 01, 2008, 03:49 PM »  

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@ All,

Entered Nascon today. I smell something in the offing. Can anyone there perceive the smell with me.



easimoni (m)
H-Town
Posts: 1019

Online

 Re: Stock Market Tips For Nigerians
« #13440 on: February 01, 2008, 09:51 PM »  

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, I might suggest joining the Nascon crowd. Me, I don buy Trans-Nationwide and Red Star. I fit talk am now. I go email u another one. I dey fear Fo2

bibiking1:
Anyway NASCON is a ranging stock from now, the technicals will see it move up to 18.50k at the most for this week baring any "sentimentality".

NASCON closed at 18.85 today! Are you saying it will drop to 18.5?

pumping777:
Good buy for me still. The problem is that suddenly the volume has dried up. I got a large chunk a couple of days ago and thought I could get more but that chunk is even much more than the entire volume sold today. My buy order is still valid with my broker.

Thanks and keep Pumping the money into MY account!

On Vitafoam, are you advisin a buy at current price? 

I bought Nascon based on this  thread's advice at N16:40  last week . WHat do you see the price getting to?

SCOA ended today at 6.73  . Still a good buy?

Who has any details on ABC?

SCOA Nigeria Plc

SCOA which is a company listed on the Nigerian stock exchange in the conglomerate sector did not perform very well last year, this can be seen from the just released results as its turnover decreased by 49.8 percent from N3.7 billion in 2006 to N1.8 billion in 2007.Its profit before tax was also down by 195.5 percent as it decreased from N860 million in 2006 to N821 million in 2007. The company recorded a loss in its profit after tax as it dropped from N867 million in 2006 to N705 million in 2007 signifying 181.4 percent change. The company closed at N5.29 at the end of trading on the 5th of february 2008.


With this result, why are people still buying SCOA?

easimoni (m) Re: Your Best And Worst Stocks Ever?
« #11 on: May 31, 2007, 07:00 PM »

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Best buy ever was Japaul at 90k, sold it four months later at N3. Two months later, it is almost at N6 . Had a similar experience with WAPCO last year but it took much longer to appreciate.

Worst stock ever was AP. Bought it and 2 weeks later, NNPC announced AP had an N11B debt. Could not even find buyers. Only the second time I ever sold at a loss (1st time was when I took my broker's advice)


This market is really something else! Where is my crystal ball?

NAIRALAND has no fury like a STOCKMASTER scorned!

SavvyLanre:
My 2 cent tip in an email to a friend about Nascon on Monday - before the bull,

Nascon, there are really three sides to that shares
1) the hopeful and longtermers
2) the shortermers/ bigpockets - aka Circle in circle out traders - currently making gains on the 10% up and down movement.
3) and the cutting losses folks

honestly speaking, the fundamentals of nascon is whack and all the folks in the 3 categories that are active traders are waiting for EOY report to decide the faith of that stock. And, i am guessing that Mr Dangote is not the disappointing type for investors.

if you are looking for my advice, if you find any stock that can give you the return of your loss,  Then cut out,  Otherwise join the hopefuls/longtermers[/color][color=#990000][/color][color=#990000]

Are you saying its not a CICO stock for about 25% returns?

Folks,

I am thinking of getting on the following flights tomorrow, what sayest thou?

Berger Paints, Dunlop, Cadbury,Vono ,CI Leasing.

Father of 2 is the Rich Dad of this thread , for constantly showing us where the money is!

Of course, that picture is Yar'adua!

Ololufemi! (My lover? )

Just having you back today has fulfilled my daily dose of comedy. I can now face work for the rest of the day!

lawalidowu:
@fatherof2

baba mi! u dey gbe mi gbona (_{you're hotting me).}

at the time i bought this stocks, i never knew nairaland existed.

i just followed da leader leader leader leader, follow da leader

my dad has always asked me to buy stocks so i bought. period. no intention, i just knew that worst case scenario, i will get my money back. that is what happens to money u put in d bank anyway, u meet it there.

i bought access @ 7.50 again, wema @ 10, diamond @ 18. wema and diamond on 25% target basis. (got caught in tech suspension for wema)

bought transcorp out of sentiments. (@ N4.20 and still averaging down)

so your question about born again, i don't kno because i wasnt really born. _{maybe unknowingly sha}

but i wan to be a bomber.

so baba mi, e gbe eru le mi lowo, may i start dey bomb.

enh! gbenle. (carry go)

I dey office dey laugh, water dey fall from my eyes. This thread is "O ga ju" . I dey wonder sometimes the way e dey gravitate from stock to politics to prayers to CISCO and then back to money.

Stock Market thread a day surely keeps the doctor away!

M

blest:
@ALL

Na wa for all of una oh!

person no fit stay away for 10 hours without taking hours to catch up? Una no want make i Pass my CISCO exam? i go dey read and dey think wetin dey happen for NAIRALAND.

Finally make am to the last page.

Me sef dey busy dey prepare for my CICO exam, wey Nairaland & NSE dey jointly organize. Father of Money , I go need tutorials o!

Father of Many.

Hope your PHb flight no go crashland for Heathrow with all these drag coefficient talk o!

By the way, na Thursday we dey approach so, wetin dey for CICO?

Cant believe  I sold Japaul at N7:50!   Chei!   NSE!

walcolm:
was it still at 2.50k?

Yes it was. I got an offer to buy more at N3.50, but I think I am going to pass on that. What do you think?