₦airaland Forum

NB currently trading at N122. Olright. My family and I are waiting for bottom...

currentprice:
not yet release but no shaken continue your missionary journey abeg reach some Benue village.

You want him to go and dine with Fulani herdsmen. Ohok.

currentprice:
may be the corporate actions released got them confuse, they are looking into it first before coming to the mkt

hope notice of late result release will not follow later after board meeting in MARCH

Bad belle peeps. Stop talking down on Diamond Bank shares.

fxuser:
- highest vol traded
- u may just get ur wish , but MM & other wicked hunters de eye am too loll
- a lot of bids just siddon below N2.98 OP (opening price) de wait
- price found its way back to opening price even while touching a 3.09 intra-day high (inverted hammer)
- that closure exactly at 3 is very suspect lol , let see where MM will put opening price tomorrow

Remember I have been wrong severally....

My wish may not come through. I noticed something towards the last 20 mins of trading. Someone was consistently selling at N2.99 (started at N3.00 and moved down by 1k) and still they didn't suppress the price. Bids were showing up and the "guy" was settling the score. I don't know what might happen when the person gets done.

I might consider this support price tomorrow. It looks solid.

RabbiDoracle:
Just send your funds to me. I will help you warehouse it under my mattress. That way you will be patient.

When it is time, I will release it for you to use.

Funds wey dey for market?

IchimokuPilot:
I wish patience were something to borrow, I would have gone with 50 DANGOTE trucks to borrow it.
I am tired of this game.
I have pending bills.

With this, you might incur more bills here in NSE.

Willie2015:
Move where... I just siddon dey look..

Stock that could not cross N36 for how many weeks...

Just observing..

Get my gist chief. AM not saying it's ready to move, I only wrote what people might assume based on the bid/offer status.

rationalmind:
But that support will also turn out to be a huge resistance when you eventually buy preventing you from making decent profit. Price will keep bouncing off the resistance and retracing back to your entry point, maybe below it self.

That's why I target below support prices during period like this. If one can get at N2.70, then return to support/resistance of N3.00 will be a nice 8% after fees.

fxuser:
I really don't hv expectations of the mkt ! it can cloud my objectivity and style of trading
SP ''may'' still come down to your expectations but i like the behaviour ard dis levels
hv a few buy orders but still watching very keenly, wud like the daily rsi to break above d 50 level sef
interesting development

Chief, don't get me wrong ooo. Am not saying that N3.00 is not OK. For example it's been a very good support unlike Diamond and FCMB that we can not rely on any support for now. Mine is about comfort zone, way below support line.

I have also been wrong severally.

People will see 13m units bid for flourmills but wouldn't ask questions. They will literally jump in not minding the staged 12m units. The stock is ready to move!

I believe FMN will definitely double in price but why buy higher when you can get it lower. Though I have also missed some deals in the past based on this assumption but preservation of capital.....

fxuser:
DangFlour
- i like d build up
- a buyer still

Fidelity
- this is a good risk reward area for new entrants , dont wait for the full bid to start asking why
lolxx

Fidelity is yet to go as low as I expected. Returns on reversal from N3.00 might be minimal or almost nothing. Their dividend too won't be watery for a stock of N3.

#WeNeedResultsToStartTurningUp.

sellydion:
Please we need Yok, His report is okay for some analysis. It is like commitment of trader report. What is the

fund doing to the stocks in their numbers is what matter which you have to see if it is correlated with the market overview.

They should not be the only fund on NSE. But when there is sustain move of the fund in one direction in line with the general market. This could call for action to a discerning investor. Obviously the fund is not NSE

What if their report is intended to deceive people?

Yayira:
As in !.. imagine the fuckery.. how much are they paying you Yok ?
Let me not receive any mail from you again oo.

Many of them that were screaming numbers without facts are gradually going low key. No more noise making. They have achieved their aim. Very soon, many will change their moniker.

rationalmind:
Don't worry, people will remember you as Mendes remembers bigjay and currentprice remembers 9free

LOL. Leave me oooo.

Remembrance can be either way. For good or for bad.

Yayira:
So you think they'll tell people the actual day they want to sell ? Lol
That is why follow follow no good.. they'll buy before telling you, sell before telling you that's how the game is played..

BTW let me call out Yok.. during the bull you were busy bombarding my email with stocks you guys were buying but when I emailed you for an opinion on a stock I follow follow you people buy, it's been 1 week now with no response from you..
PLEASE during the next bull FORGET my email address.

It's called USE AND DUMP.

DOLLARTEX:
Something is wrong somewhere.could it be a cross-deal?

Cross deal should still show. It's the same xgen system that will cross the deal.

I don't trust this MCSI guys and their information. I don't bank my decision based on them, so I have no worry. Just pointing out discrepancies.

DOLLARTEX:
The movement of cash in and out is now deceptive.last week you reported massive inflow of cash.what followed next was a massive sell-off.

Is it only that one?

Flourmills traded about 6.4m units yesterday on NSE but these guys are reporting that they sold over 9m units.

NSE must have been giving us wrong feeds!

fxuser:
''The general who wins a battle makes many calculations in his temple before the battle is fought. The general who loses a battle makes but few calculations beforehand. '' - The Art Of War by Sun Tzu


#umm

Be my General then, I will be part of your Army. Make many calculations and let me know on time. Waiting.

People fit pack go Villa shaaa.

Chibuking81:
1.51 rather.
This result will invite more bear.

Stop badmouthing this stock. Mbok.

Chibuking81:
7.55 / .35 = 21.57 PE

With 14 kobo loss. 2016 EPS 49 kobo - 2017 EPS 35 kobo = 14 kobo.
Any dividend?

12.45k dividend declared...

Agbalowomeri:
Dividend plus bonus

Shit and vomit join...

Agbalowomeri:
Is this the fifth?

5Th - Village People manipulating your decision.

NSE gradually packing in more customer. Shebi some people don rally round, go buy Fidelity for N3.20. We are watching them in 3D.

Dead Cat Pounce....

currentprice:
Offend ke, tritri is a defender himself,,, he single handedly send FM to full bid for hours today until he quietely withdrawn his 5m unit bid.

When I saw that line-up, I just laughed in 3D. I knew what was going to happen.

They have done that severally in WAPCO.

That's called, facts behind the bids. LOL.

Where's is Yok and his MCSI peeps? Abi him don chop finish allowance wey them pay am?

Interesting days ahead but market will gain tomorrow. Park more passengers and then reverse. That's the dead cat pounce that I talked about early last week. One happened last week Tuesday and I expect series of them to happen along the way.

Am even more concerned that companies are not eager to release results. Abi the results won't in any way support the current price of its stock. Am just playing devil's advocate shaaa. I hope am wrong.

RabbiDoracle:
Did you see the bear - bear?

This is no bear-bear. Bear-bear is when banking stocks will individually trade less than 500k units on top full offer.

leo1234:
Those that sold on Monday and Tuesday successfully sold the bottom and will come back to buy the top.
Money must change hands.

Toluway did you use your spare money to accumulate more?

Money is already changing hands.

leo1234:
Where is the bear with bear bear that you promised us

Thank God I didn't sell my little holdings.

I thank God for your life oooo.

Toluway:
After you've vomited everything?
Who won ? Toluway
Who chased the Bear away ? Toluway
Who won against the herds attack? Toluway.
Who kept Oracles mouth shot? ( abeg adey joke o. You be my Oga) Toluway.
Songs of victory in the house of the righteous


32 Likes

Egbo Tolu still winning.

(I say make I find trouble small)...

The question we should all ask is why all these positive news on some stocks since the removal of 50k support line. Coincidence? That's one thing I don't believe in.

Chibuking81:
You will never know or see the bottom during this kind bear, only the market know the bottom.
Remember, when the whole stock was flying, we keep hoping that the stocks has seen their top, but on daily bases, they kept on seen their new high.

Hope the MMM group has not use their ideology the visit NSE, to play on people intelligence and cash.
When the stock was moving, changing gear, nobody no reason of its rise, because there was no good news in the market then, every stock kept on bid side on daily bases. If I ask, what suddenly change that now turn most of stock backward? I think manipulators were at work.

Are you just realizing this? Agba and his men were at work.

Chibuking81:
What is really happening in the market, see blood everywhere. What do we call this bear period?
Maybe CBN policy bear.

We have so far witnesses; Dow bear, Fall in crude oil bear, and after this CBN policy bear, then election bear will surface.

I think this is bound to have happened long ago. CBN policy might be fueling it the more but if it's about this policy alone, then FCMB shouldn't be losing as well.