₦airaland Forum

lmm4real:
What's the deal on Wemma Bank , am very heavy here but the thing just they go down like London Bridge. Any analysis on this.

Heavy on Wema? What was the deal when you bought accumulated it? At the risk of appearing forward, I'd like to suggest you bail out if Wema benefits from any coming rally.
I hope you bought very low. It's a long road ahead for this bank except there is a significant change in the circumstance of this bank (none of which is in the public domain).
You have taken a very very high risk in my opinion.

Disclaimer: I could be very wrong

Volume spike in Sterling. Over 1.7B units traded

ogedanny:
I have made more money in the stock than anywhere in 2017 - follow my journey on http://nigerianstockstobuy.com/ as I share my trading secrets that net 10-20% monthly profit.

You got your percentage calculation wrong in the Oceanic bank example. The right calculation is 540%. A look at the following example:

If the share price of a stock you bought at N2 increases to N6.

6 - 2 = 4
4 / 2 = 2

Expressing in percentage terms:
2 x 100= 200%

That the share price trippled doesn't equate 300%.

Cc NSEMPA members who make this mistake too

mendes911:
Kai, this one na upper cut combined with lower high momentum blow.

Chibuking, what sayest thou

Trouble maker!

But really, their profit is derived from trade margins. The trade volume itself is fixed based on the allocation (in barrels of crude by day). This is simply just winning business which will increase top and bottom line but not as a result of flunctuation in crude price. Additional income stream for Eterna from trading margins not from production (Oando and Seplat benefit directly from high crude prices).
Also we all should understand that there is a difference between Crude OIL and Petrol.

Chibuking81:
Only those that do their DD and those who work in spirit can see it for now. Time is coming and it's almost at hand when both those that wear glasses and those who did not wear will see it clearly.

Then I will remind you of today.

Don't forget so soon, that they are among 2017/2018 indigenous company that won contract award to lift oil. Afro and Okitipupa oil were not among.
https://www.vanguardngr.com/2017/01/nnpc-names-39-crude-oil-off-takers-20172018/

Last year when there was red oil boom, you need no prophet to tell you that Okomu oil and Prosco will move up, Okomu oil moved from #27 to #60/#70.

Crude oil move from 27 dollars per a barrel to 69 per a barrel within 2 years. ( https://www.oil-price.net ) premium motor spirit pump price move from #145 to #200/#250

Boldness in Ignorance

If and when you hear of subsidy reinstatement, you may make this claim. You are not right about Eterna and crude price increase

RabbiDoracle:
Just negodu.
Instead of you to go to blessed sacrament and say thank you prayers, you still want enter.

Anyway I just dey pass.

I won't take position immediately. Why dash broker money just like that with the uncertainties. I should just have waited. I will have to join those praying for a retracement now.

My mission is clear. I am on course

Dem don shake me comot Diamond o Chei!!!

Thank God say for Transcorp I no fall for am

Make una no vex o. Make una allow me enter back. I no go misbehave again. The journey is still far.

Zhirinovsky:
still not working

Call Morgan to sort it out that's if you are sure the error is not from you. You can log out and log in again, change browser etc. You could also place a direct SALE Mandate via email. Speak with one of their agents

First sign of glitch? Platform disconnected

Keep calm

stcool:
https://investadvocate.com.ng/2018/01/26/nses-par-value-rule-commences-january-29-2018/

This would favour NB and other stocks above N100. But bad result fit kill the price quick quick

Continue

RabbiDoracle:
For number 3.

A dealing member in NSE or a smart broker will tell you that.

X-GEN trading platform

Those dealing in illiquid stocks might be more affected by the new pricing rule, especially those under N5.
Those familiar with the price movement of ETI, Seplat etc will understand this (there are no modifications for the class of stocks to which ETI and Seplat belong though).
Millions can be traded in a day but with trades less than 100,000 units.

onegentleguy:
I find it quite strange that u always seem to find fault in FCMB and none at all in DIAMOND, FBN, STERLING etc.
...To u, everything FCMB 'is to say the least fraud'
I am not trying to compare the tier 2 banks, but it does seem that if there are things to worry about in FCMB, then there is even a few more things to be worried about in DIAMOND. ...at least based on their Q3 results.
...and while ur at it, pls also take out a few moment to compare the Q3 Nos between FCMB and DIAMOND.
...for unless u refuse to be honest, FCMB as at Q3 is a better bargain than DIAMOND.

Please kindly post a link to FCMB's Q3 result. I must have missed it.

Diamond was on offer at N2.65 just yesterday. Now on bid at N2.64. Humans ehn! We need help

When the powers that be say a stock should not move yet, just forget your fundamentals talk. You'll learn patience by force when dealing with a strong man-----you can't overpower him anyway.

#DS#Access

stcool:
Strong force upwards, stock for the selected few, we get a new 52wks high today market close or monday.

Only you just dey market your property. I been think say the thing for don reach N500 the way wey you dey Moneky hunt since.

Bros, na joke level be this o

If pre-market is anything to go by, seems those that bought Diamond at N2.65 got their timing right.

Edit: Pre-market info was so misleading

Will a Diamond,Transcorp, FCMB et al reversal be as explosive as they were at the start of the year? May be not. Possibly it's the turn of the likes of DF,DS,ETI,Access,UBA et al.

Just thinking aloud.

That reminds me

I had an unsual afternoon nap yesterday and had a dream (abi I fell into a Trance deni). ETI ETI ETI was just everywhere. Some sort of commotion or excitement.

Disclaimer: My dreams don't usually come true o and I don't own a unit of ETI.

gamaliel9:
pls huz, if i sold a stock that i have e-dividend mandate active on it n buy it again later. Will my e-dividend madate still active for it. kindly reply. thanks.


Please brothers and sisters answer this question o o

Selling all your holdings with a Registrar doesn't mean your record is deleted from the Registrars' system. As a matter of fact, your holdings still appear against your name but with zero units. This is to the best of my knowledge and deductions from my interactions with Registrars. This was my experience with FBN Registrars and Cardinal stone.

That you emptied your account with a bank and the account went dormant doesn't mean the bank deletes your record from their system (something like that except you close the account)

mendes911:
Skye Bank - 53m units on offer. Sold only 481k units. Kai, when are they letting loose of that promised good news? Abi our management staff lie ni?

You're just a wicked sombori.

Onegentleguy, please call your hot money brothers to come and shut this guy up so we can Skye up the Caverton


Na joke I dey o

The coast doesn't seem to be clear yet. Tarry a little more. However, bargain hunters showing up since yesterday. Sellers ain't done selling. Prices could be cheaper tomorrow for those looking to buy.

yok:
MSCI MOVEMENT IN PORTFOLIO FOR THE PERIOD 24 JANUARY 2018/NSE YELLOW CARD

MSCI bought stocks randomly yesterday as per the movement in their portfolio yesterday.
There is a probability that the NSE All share index will stop the decline in the next 2 days as it is close to a good support level at 42,279.09 (this is my yellow card level).

Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently.

E be like say na myjoy get this MSCI. Na so so buy buy dem dey always buy. Their money no dey finish?

goodguy4sure:
Or Kindly Chat me up on 08136113757 or email me martins.a@futureviewgroup.com


@Future view Issuing House, Your investments is our Concern!!

Future view

These people sabi package Private placements die. Chai!

valacious:
I rather stay with a stock with good fundamentals and also experiencing the bull run, than move with hysteria and decamp to the highly volatile stocks with not too good fundamentals...I am not tempted by Transcorp...#ISTANDWITHFIDELITYBANK

You are tempted actually for you to have posted this with hashtag sef

Whatever works for you though. Goal setting! Goal getting! Whatever you do, keep winning.

Deadlytruth:
Yeah, the time of conclusion of the probe is really the question hence I too am not keen about acquiring a single unit for now.

However, if it survives SEC's probe and comes out really clean with its latest quarterly results found really genuine, I doubt it will need a general bull fire to break loose.
Only its outstanding 12bn units may be the opposing force to occasionally dampen its full scale return to above N200.

Oando needs to produce good results consistently before it can return to its glory days. However, I'll advise we lower our expectation of seeing this stock trade in the #100 or greater region.
What was the market capitalization of this stock before the company's misadventure? Do we really think Oando can have a market capitalization in Trillions (in the league of Dangcem and GTB) without a sound management and consistently good results?It's a long journey ahead for this company. The company needs to recover from it's aquisition of Conoco Philips'assets first, become profitable and pay down debts.

Disclaimer: The Market has its own mind and there might certainly be profit to be made from trading Oando. This is not a BUY or SELL recommendation.

tiar:
The only below N5.00 and above N1.50 bank that DID NOT decline in price today is Diamond Bank. Think deeply about little signs... FCMB manipulators have targeted Diamond as their moving target hence, the similarity in prices.

I wrote something yesterday about FCMB, you blew it off as of no value. I do not control the market, but, I do sense things... FCMB was supposed to drop by 6% but the interested parties fought hard to reduce the decline by end of market.

I do not get an award either way; but, different stocks with LOGICAL basis will start moving away from those just riding the momentum wave courtesy of desperate and eager retail investors just throwing anything and everything at any stock in sight in their quest for quick profits. That journey of separation is now in play...

Have a nice weekend.

What are your thoughts on Diamond?

Edited: Seen

http://judefejokwu..com.ng/2018/01/

FCMB opens at #3.74
Diamond at #3.63

Hmm

Peterichy was the lone voice predicting the bounty 2018 will bring before others joined in. Kudos to him. Hopefully, his pick Wapco will eventually deliver too.
More dump trunks loading + other earth-moving equipments.

Disclaimer: No one is always right. Don't follow blindly else it will be too late when you realize we are humans afterall.

@Cornwall

I want to assure you once again that your bids are not being tampered with. The queue displayed on Morgan is what is getting you confused. Even though some orders have appeared above yours at the same price, your order will be filled first. Once you see a trade at your quoted price just go and check your order window.

I have consistently observed this since last year.

currentprice:
onegentleguy

Disclaimer: Total bid value for Caverton is shy of N1.5m ONLY. Traded N3m already. Don't commit too much funds into this stock if you must buy. Getting out will be gidigbo.

jayson87:
Been flowing this thread for a while, wondering why many comments here feels like those you find on bitcoin threads

Prices are moving up at an alarming rate hence the bullish chatter. We have our moments of quiet and humility too