₦airaland Forum

fntekim:
@AKTOPGUN,
Abeg how i go fit get that your charting software?
I need am. Thanks.

its free, nigeriansecurities.com
part of their TA tool

aktopgun:
its a good site posted on here over the weekend. it is good for beginning to understand candlesticks. However, not enough patterns or explanations.
if u want to effectively use it to trade i would suggest u get the book by Greg Morris called Cnadlestick charting explained. Goldmine!!. the bible of candlestick charting outside of sakata's own candlestick charting book.

@kayodeus

oloruko egbon mi! u go pay o! try this charting site and type in candlestick charting- stockcharts.com

thanks so much, I'll get it, even got to preview the book through google books here, appears 1st 55pages of the book is on there
http://books.google.com/books?id=wEC0boS3AwMC&printsec=titlepage&dq=cnadlestick+charting+explained&source=gbs_toc_s&cad=1

@kayodus, I used to use apti and metastock, but that was taking time, nigeriansecurities.com has a great TA tool now going back 2yrs, they started that part like end of 2007 so I stopped importing data.
That candlesticks website was posted withn the past week b4 by someone, and I bookmarked it, excellent site, it has proved right for all stocks on my portfolio for most part.

kayodus:
aktopgun! please i need your help on analysing stocks using charts.
would appreciate if you could assist me.


Kayodus@yahoo.com

great for basic candlesticks tutorial, I have learned quite a bit from here on how to interprete my own charts
http://www.babypips.com/school/what_is_a_candlestick.html

@ posters, lets be mindful of language we use to refer to folks on here. This thread has invaluable knowledge and wealth, just about 99% of what I know about the NSE, I learned from this thread.

For the newbies, there isnt always an easy short cut route available, it appears people are mad or disappointed because they want folks to say hey buy stock A B C this week.

In the past while that might have been good, most people would come back and get bad when things dont happen as was speculated, or people realized that stocks were getting out of reach once announced on here prior to buying.

People are volunteering here, they are not obligated to be on here at all, so no need for attacking them when u post and dont get a reply, sometimes its because frankly not enough time, or simply they forgot. Many times I see folks saying aaah so and so is ignoring my posts or emails, as if you are paying them to respond.

Sha I hope I can get that oil company on time, or that insurance or those 2 other companies wey others don talk for here the last few days

tkb417:
@Naijadr
please, is the TRW stockreport an online thing? how can i get to read stuffs like this on quoted coys?
please oo

yeah free registration and u get added to their list serve, http://www.trw-stockbrokers.com/research.aspx

mastermove:
can anyone please tell me where I can get an online stocks portfolio to download that can be manually updated by me PRN-- my brokers for los dey mess up when it comes to daily updating

nigeriansecurities.com is better than investordelight (those of us who used to use this moved over a few mths back)

ololufemi:
@ All,

Una don dey see signs of deep pockets for here. Na oil language them dey use talk now and he be like sey na them dey oppress us come buy stock finish wey person no go fit buy.

Na on by one (The one) una go dey reveal una self for here.

God don dey answer my prayesr to reveal all those deep pocket silent readers.

Happy Investing.

Oga I think they gave away hints o without calling out stock names, for today alone on this thread, I don find 3 companies to invest in, I was speculating, but now as I see say all una deep pockets dey enter too then as dem dey say for yankee here, "its a no brainer!"

mastermove:
naijadr na u oooo-- but whats the bottom line R You saying its a resonable buy

na TRW stockbroker report, reasonable ke? u see news like this, u no go buy, plenty people don talk am, see big people like Napolean and wanajo!! I want to buy but acct might not be ready to buy till maybe wed/thursday, and by then the thing go dey scarce.

Latest Market Info
OANDO: INTO AGREEMENT TO ACQUIRE SHELL

OANDO PLC: THIS IS TO INFORM YOU THAT OANDO HAS, SUBJECT TO THE FULFILLMENT OR WAIVER OF THE CONDITIONS PRECEDENT SET OUT, ENTERED INTO AN AGREEMENT TO ACQUIRE SHELL NIGERIA EXPLORATION AND PRODUCTION COMPANY LTD ENTIRE 49.81% INTEREST IN THE PRODUCTION SHARING CONTRACTS AND JOINT

OPERATING AGREEMENT RESPECTIVELY IN RESPECT OF OFFSHORE NIGERIA OIL MINING LICENCE AND OML (134)


OANDO closed up 8.260 at 173.630. Volume was 90% below average (consolidating) and Bollinger Bands were 44% wider than normal.



Open High Low Close Volume___

165.370 173.630 173.630 173.630 96,096



Technical Outlook

Short Term: Overbought

Intermediate Term: Bullish

Long Term: Bullish

Summary



OANDO gapped up today (bullish) on light volume. Possibility of a Common Gap which usually coincides with a lack of interest in the security. Common Gaps are fairly irrelevent for forecasting purposes. Four types of price gaps exist - Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance.

OANDO is currently 88.0% above its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into OANDO (mildly bullish). Our trend forecasting oscillators are currently bullish on OANDO and have had this outlook for the last 89 periods. Our momentum oscillator is currently indicating that OANDO is currently in an overbought condition.





Price Trend Report:5 Moving Average: Current price is above 5-period moving average: 165.01

21 Moving Average: Current price is above 21-period moving average: 150.75

LSQ Analysis: Current price is 76% above its price trend.

Bollinger Band Analysis: Price Volatility: Increasing; Price Trend: Up.

Hurst Trend Analysis: Hurst Exponent: 0.9853, current trend will continue



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

Technical Indicators Report: Value Tips

RSI 79.3 Overbought

MACD 1.7

CCI 106.0 Sell Opportunity.

DMI 47.5; 21.5 Buy Opportunity.

K%D 100.0; 94.6 Sell Opportunity.

NVI 71.3 Up trend is likly to continue.

OBV 12684.8

PVI 30.3

LondonCool:
--------------------------------------------------------------------------------
The private placement for Orient Petroleum Plc is still on, this is a good long term opportunity for idle funds. Orient are the only indigenous company granted permission to build private refineries amongst the other 12 to actually commence building the project.

The minimum subscription is 1,000 units of N100 each i.e. N100,000, and after that in multiples of 500 units.

You can submit it at any UBA branch nationwide. There's no closing date, allocation will be based on a first-come, first-served basis.

Na wa o, like I stated last yr when it was announced, I'll say here, shine your eyes and leave Orient PP alone for now, idle money can be best spent elsewhere. I couldnt go into details then, and cant now, but somewhat of an inside perspective, but then again just my humble opinion.

UBA daily stock position attached below

windywendy:
Pumping777 e get one question wey I wan ask o.

I filled out the CSCS form to register for trade alert because these BGL guys are not online. I paid the N2500, handed the deposit slip to the broker and registered online at CSCS. That was about 3wks ago. Wetin I go do now? just siddon look or wait until I get an email from CSCS? BGL confirmed to me that they signed whatever part they needed to sign and submitted the form to CSCS. What do you recommend I do? call cscs or wait? Thanks.

I did the same myself about 3 weeks ago, abeg let me know what u find out. I know mine hasnt been activated, cause I've tried several times.

TRW has updated prices for today
@RoughCut, aah The Costain jet is back up, those snipers missed their target from friday!

RoughCut:
The mere fact there has been very heavy trading in this stock in this last couple of weeks would suggest that some peeps still know what was in the offing which obviously is not transparent to the innocent peeps who have been unwittingly caught up in this quagmire.

I think it would take more than a board reorganisation and going on and coming off TS_{lost count how many times that has happened now} to sort out this monstrous albatross that keeps following the NSE like a bad smell!

Shey there are levels and there are levels! The powers that be wanted a few days to sell off, and voila u have it
RIP Transcorp, hope folks no put retirement money there o, get ready for a govt wrestle that could last most of 2008 as things are sorted out, sigh

wow this Transcorp mess, biggest disaster to hit the NSE!! I was appalled at some folks who were using them for CICO, na wa o

WASKY-WAJA:
Hi Guys! what do you guys think of fidelity bank ? their end of year is June. what about Diamond and Zenith bank? Elephant nko? possible to make 50% in 6 months? PHB? Cappa & D’Alberto? UNIVERSITY PRESS? INTERNATIONAL Energy NEM ? UBA.?

brother needs your help, opinion and analysis on above.

peace to Men of good will.

I dont see how the Elephant will give 50% in June sha but thats just me, even UBA will be more so 30% unless there's news that proves to be worth it. Wouldnt u be better doing CICO making 25% 1 place like in Diamond and then shifting it.
meanwhile how is your N40mil going, abeg keep us updated now

NBA:
Anybody here attending the Africa Business Conference in Boston this weekend?

http://www.hbsafricaconference.com/custpage.cfm/frm/13136/sec_id/13136

@NBA, my broda I was at it last yr, great event, this yr should be 10th yr, I know a couple of folks going, great place to network, last yr Jim Ovia had a fan club even to get close na so everyone dey pursue am.

UBA daily stock bid attached

UBA stock bid attached

wasky before it was your "friend"'s loan, now u are saying we, talk true na your own now abi you friend go give you % for your insight!

either way pls post ya update here, that way when u raise price with volume, man pikin go sell immediately

best wishes to those taking it, a close friend of mine is taking june, he's an analyst in the US, and he's pulling 12hr study hrs daily on the weekends

@ poster, u'll be alright, my uncle married his Trini-British wife like 33+ years ago, and they've lived in Enugu together for almost 30yrs!! I never even realized as a kid that she wasnt Nigerian, till I got older, i mean I should have known from her skin complexion because she's mixed but I think it was the way she carried herself. In the village which they go to very very often, everyone pretty much knows her and she's very much one of us.

My other uncle married a black american, and she lived with him in lagos for 20yrs, matter of fact she's one of the better wives married into the fam, and she doesnt speak Igbo. I used to laugh when she'd come for the village meetings, and then have my mom or aunties interprete for her You couldnt tell Auntie C nothing, she came in and got very comfy, and we all love her that! I think what really matters is your level of interaction with everyone, the homely u are, the easier it will be. Auntie C did pick up some Igbo words, but when u say stuff she doesnt understand, she'll just keep a smile, and later turn to one of us and ask quietly, "what did they just say", then play it off, 27yrs later, she still rocks!

Dont worry much, from your posts u seem like a great woman, I'm sure your husband knows that, and its his right to look after u, my Igbo people love them some kids so u already satisfied it with 5 and looks like u already have given them their male child, so case closed!!
Learn to cook some of the native soups well be it onugbu (if he's from anambra) or oha (if he's from abia) or some mean nsala, or master the skills of making tasty abacha or ugba. Whatever u know how to make, make it your specialty, make enough for everyone, and your house will be forever full with family "well wishers" who will sing praises of this their oyinbo wife!!

@wanajo abeg let us know what u find out about the IAA PP, and what the minimum # of units are, if its still on. Thanks so much
@pumping, and w-wendy, thanks for info, I'll just go with email, broker na my sister so I'm happy about that one.

windywendy:
Woodworks? LOL!!! _{makes me think of those little bunnies dasing around}

BGL has an online portal? Didn't know that! Anyway, I've never used it and wouldn't know if it's working. I send my mandates by email and follow up daily by both phone and email. I use FSDH more for my bigger transactions and they have an online portal.

Stocks for the 3 - 6mth timeframe?? Hmmm, that's the million dollar question innit? I'll have to get back to you on that one.

oh ok, I'll prob just stick with email/phone cause my broker na my sister

I'm thinking of 3 including 1 that folks have revived on this thread lately in past day or so and one 'OIL' like this abeg I no fit call names before u guys blow the price up the roof!! haha

pumping, windywendy and others using BGL abeg is their online portal working now? My acct is open and I'm funding it so I'm ready to hit the market with that one full force.

since all the big men and women are coming out of the woodworks abeg anything for a 3mth or 6mth time frame. I think I'll just leave my BGL acct for trading due to efficiency, and use my UBA for my long term one.

pumping777:
The best way for me to answer this question is to let you understand why Oceanic does not meet my objectives NOW. I sold every unit of Oceanic I have in my trading and long term portfolios and thank God I did.

Oceanic is a sound long term stock. However, I don't want to buy a stock today if I can get it around the same price in a months time. For that reason I have no interest in Oceanic now. I will use my money for those stocks that if I don't get today, getting them at current prices go become palava.

So I no talk say Oceanic no be better stock o. They don't get any better but make I go catch the train wey dey ready to depart instead make I siddon inside coach of train wey them still dey fix the engine

pumping we dey same time zone, abi u no dey sleep abi na your NSE portfolio alarm wake up

I agree, I'm sure if I knew about UBA now, I would have held of purchasing in Dec and would have prob gained at least 35% elsewhere since then and then purchased now.

na wa for this board, anytime man pikin wan try to quietly stack up on stocks on the side na so all of una smart gurus go just jejely begin mention name

abeg does anyone have CSCS correct email if there is one as the one on their website no dey work

Roughcut, COSTAIN go reach N37 today, any hopes of reaching N45 before end of the week, make we dey watch

did anyone receive an email from FBN regarding PO? The email came to address I had on my application

subject: Notification of FirstBank Share Application Status

Good day Sir,

Please find below an update on our share offer for your information and further action.

ALLOTMENT

The offer was grossly oversubscribed; hence only applications for up to 10,000 units were fully allotted.

RETURNED MONEY WARRANT

Further to the above, we are in custody of your returned money warrant. You (or an authorised person) can reach the undersigned for collection or advice account number into which the warrant can be lodged on your behalf (please note that we are not authorised to lodge warrants into third party accounts).

INTEREST ON RETURNED MONEY

We are paying interest on returned monies at an annualised rate of 5% for the period starting from September 10, 2007 to November 05, 2007. The interest warrants are being issued by the Registrars and will be dispatched to the address on your application form in due course.

SHARE CERTIFICATE

The Registrars have further confirmed that your share certificate has been dispatched to the address on your application form.

Once again, thank you for investing in FirstBank and do feel free to contact us for further clarification or assistance.

Kind regards,

LondonCool:
@easimoni,FO2,Pumpimg777,Aktopgun,Wendywendy, Roughcut et al,

Is is too late to joing the Dunlop Plc cruise ? I placed orders for the shares when it was @N4.82 and couldnt get any to buy. I am trying to accumulate the shares against 2009 (based on my candlestick analysis).

Does anyone have a curent list of (the top ten) undervalued stock (apart from Dangote Sugar) ?


Why does Robert Kiyosaki frown against investment in stock (with a preference for Real Estate) ? He advises in the 'Cash Flow Quadrant', that you should be the one floating the Stock instead for others to buy and not to be the one buying from others. Any contributions ?

thats cause Kiyosaki hasnt discovered the NSE yet

RoughCut:
Me! when i clean up for Costain and FBN_{marshall wanajo i don offload 100KG of UBN go buy FBN the bonus still dey there sha} i go start to dey shop for sidley-hawker executive jet so i no go dey wait tarmac to board again. No more commercial flights

executive jet ha as for me na only old flat vboot I fit buy
Na wa o, this COSTAIN sef dey do like e fit reach N50 by June
shey na here una talk am say Feb na the month of the bulls, make I siddon dey watch

@blueband, haha nice one!

@yodi, ah me I no go buy am, the one I bought during PO is ok for me, but even if the elephant falls at N50, that one na nice small profit for all those who bought at N41 about a week or so ago oh

look at FBN at N47, some people are cleaning shop, wasnt it just N41 a few days ago, someone who put big money in it, could have made a nice little profit.
greed is making me wish I bought more CILeasing, or UNIC like I wanted to in Dec instead of UBA
RoughCut abeg u fit dash me some Costain money make I buy new car, my own only reach buy tokunbo

kai I also went to CSCS site and yup it was hacked, very very sad, we still have a long way to go