crazyT:

@ Pumping777, upward, Mr. Risky, RoughCut, yodiyokun, Easimoni, Wanaj0, W. Wendy, Aktopgun (MIA) and other gurus and guguru's




Hey guys I need your help here, I am undecided on what to buy. I have tons of cash with my broker for more than 2 weeks now, but still don’t know what to buy.

I guess it’s my newly acquired knowledge that is disturbing me, previously to my new knowledge on Nairaland I just jump into stocks without reading fundamentals or do any technical analysis; I just enter into stocks based on my own personal sentiments.
I was the one that bought Afroil and Capoil (based on the fact that the names carries OIL) I was able to made more than 3000% each on the stocks.

Nowadays I have to check and double check before I make a move; I guess ignorance sometimes do have its positive side.  

Here under are the stocks I am contemplating to enter;
Livestock,
Tourist and Co,
G. Cappa
These are the one I was planning to increase my takes in;
Unic,
Union Homes,
Dunlop

So gurus (my teachers) and guguru’s (my class mates) what is your opinion on this my dilemma

Naijadr:

Latest Market Info
DEAPCAP: 1ST QTR ENDED 23-12-2007

DEAP CAPITAL & TRUST PLC 1ST QUARTER PERIOD ENDED 31-12-07

TURNOVER 07 N287.722m, 06 N63.243m

PBT 07 N157.216m, 06 N15.541m

TAXATION 07 (N23.582m) 06 (N2.331m)

PAT 07 N133.633m, 06 N13.210m


Open High Low Close Volume___

8.700 8.700 8.700 8.700 1,101,051

Price Trend Report:5 Moving Average: Current price is above 5-period moving average: 8.70

21 Moving Average: Current price is below 21-period moving average: 8.89

LSQ Analysis: Current price is -14% below its price trend.

Bollinger Band Analysis: Price Volatility: Decreasing (Sharp move); Price Trend: Down.

Hurst Trend Analysis: Hurst Exponent: 0.8241, current trend will continue



--------------------------------------------------------------------------------

Technical Indicators Report: Value Tips

RSI 77.3 Overbought

MACD -0.1

MTM -0.5

ADX 78.6 Market is in trend mode.

CCI -11.9

DMI 1.8; 26.2

K%D 55.1; 61.2 Market is in down trend.

NVI 39.5

OBV 1028.9

PVI 78.6

pumping777:

I believe Napoleon already gave the go ahead. I have no say in this myself.

blueband:

It's strange how some people ask for apology on top simple joke and yet not acknowledge it.Me sef I don vex, 

mecatchcha:

@RoughCut @wanaj0 @Aktopgun And @All

Please, I ask in the name of God. Is there anyone here that has his/her radar on Japaul Oil? I bought the stock of recent and it's been losing blood for over 1 week now. What do I do?

peet-ah:

Abeg does anybody know the reason for the sudden surge in vitafoam?
i bought for N10 and was dissappointed that there was no bonus, but thank God i didn't sell then, sometimes it pays to be patient.

hbrednic:

@RISKY,
your friend from
deadish CITY-CODE-ISH firm is here  
hope the madam is through with the naming ceremony and now ready to carry out your mandates.

nwando:

and clear ya tablish

aktopgun:

on intercontinental, u are quite correct on the figures. as usual, one side of nse site says one thing from the other.

on universal insurance, make fellas begin book their clinic appointments now to avoid long waiting lists   . i will probably send the over flow to blueband, abi bluband how u take see am?

i just don't get it! please could someone explain to me why universal should be doing a few million units shy of 1b traded? am i becoming thick or something?don't answer that part  

Naijadr:

I think though that its good if you can guarantee that the price gain post TS will be worth it. If we are talking like 120% post TS like COSTAIN or something then thats fine waiting the 2-3mths, but if we are talking 25% gain, it just might not be worth it.

@RoughCut, I'm even thinking of getting some JaPaul which I think might still climb due to sentiments. What do u think?

tiwantiwa:

i am hearing NigeriaROpes, any info House , forget about using candle , just info ,

blueband:

ABC had an accident today.I doubt if it will be able to continue it's journey to Maiduguri until sometime next week.Profit takers have set in.

RoughCut:

And to complicate matters further here is another one from cashcraft.com

http://www.cashcraft.com/pricelistprint.asp

ACL:

Blueband,
i think i will go with your stategy, i tried joining the CICO guru but my stockbroker is too slow for that.
what are the stocks that might be doing po soon, i want to go back to my long term. once i sell a stock it starts rising. i sold my 100kg of vitafoam because the dividen was rubbish at 10:30  see what it is noe in 1 week plus.
abeg give me stocks to buy now positioning for right issues

crazyT:

@ All

Abegi wetin dey happen to Fidelity? The stupid stocks is about 40% of my portfolio and its just taking one leg forward 4 legs backword.

Abi make I just sell the whole thing (about 8% loss today' price) and look for better stock?

crazyT:

@ All

Abegi wetin dey happen to Fidelity? The stupid stocks is about 40% of my portfolio and its just taking one leg forward 4 legs backword.

Abi make I just sell the whole thing (about 8% loss today' price) and look for better stock?

windywendy:

Hehehe   Are you sure you're not just venting because your broker is a show spoiler when it comes to cico? Talk true   _{just kidding}

Anyway, like you said, all of these methods have their advantages and disadvantages.

windywendy:

I don't claim to be a cico expert but here's my take.

There's definitely a case for long-term investing, but one has to pick such stocks very carefully. For instance, I bought AG Leventis at N3.45 around September 26 last year. At today's price, the stock has done over 340% gross in just 5months (i'm using gross because commission charges vary with different people). With cico, one would have to do about 35% per month compounded (you do the math, i no fit explain am for yinglish language) to get that type of return. Is this possible? In a bull market, maybe, but it's a tall order however you look at it. Having said that though, there are some other stocks that if one had bought and held for the same timeframe as that of the AG leventis example above, the returns today would be almost nothing to write home about. IBTC comes to mind. So the trick is picking the right stocks and holding for the right length of time. And that's the reason I generally prefer to buy and hold turnaround stocks, as long term returns on those ones generally far outweigh the returns you'll get from cico-ing, even when compounded. For most other stocks, I trade -- especially when the market is bullish. My opinion though, plus all the caveat types apply  oh,and PPs are exempted because those ones usually come at give-away prices (you know, buy-1-get-5-free type thingy  )

windywendy:

Pastor! na you dey give this kind advice?  No be market manipulation be this? 

wanaj0:

Check Beta Glass PAT for full year

2002    714m
2003    541m
2004    162,6m
2005    XXXm
2006    381m
2007    514 (9 months)

So the 2007 PAT will likely equal 2002 figures!!! So they are just recovering to 2007 levels!!!!! In 2002, not sure that the price went past 10.00 that time!!!!

yodiyokun:

FCMB will not move much because of this except if @risky's observations ocmes through - poor results generate more price appreciation.

That their 15B proj is overly ambitious ooo - I just don't see them doing more than 12B at the current rate.

Thats why I no buy - but sha make we dey see.

Meanwhile - Access Bank is inching very slowly upward - wetin dey? now at N25. A feat Diamond refuse to attain!!

Ok Aktopgun - you no say I get correct teacher and I dey learn ooo. I no too dull na

windywendy:

yeah, you got a point there. But I didn't have any problems at all when I wanted to sell late last year. My broker was able to sell all my units in one deal, and the units were quite many. Seems like the stock is liquid on some days and illiquid on others, maybe.

windywendy:

Kai, which one be Afrooil again? sounds like hair cream  

Me no know why afroil is still dropping o, the market dey craze sometimes  . Maybe it's dropping because Mr. risky wants to buy. By the time his broker's son finishes celebrating that im birthday, afroil will be just about ready to be picked up   Abi I lie?