₦airaland Forum

lol I know.. I meant translate so we non technical people can understand .. is it a red or black marubozo?

robobo:


My Oga i beg make u no vex

na english i dey speak naaa

it is only marubozo that is not english in d post.

and its a technical trading terms/ signal

becos im a baby on the technical thing i was trying to confirm from the ogas in the house

robobo:
@fxuser

double marubozo at the very edge of 36k


hmmmm calls for concern

speak English pls

I have got 2 accounts JIJO and long term. some proceeds from JIJO goes into longterm account and the cycle continues. you can explore that if that works for you

EchoLima262:
Thank you sir. You hit the nail right on the head with the bolded. I am a long termer and have not given a sell instruction for years! I made a detour when a few months ago I saw Oando which I have been carrying at an average of N7.00 go up to N10.50. Note the stock has not added any value to me! I then decided to open another account to trade while I retained my investment account elsewhere. But with the stated scenario, I think I will stick to my strategy but weed out stocks like Oando.

igboboy3:
What do you guys think of Total Nigeria? It's an industry leader and very near to a 52 week low.

Q2 result not impressive, significant decline in performance as against 2016. Even with a good 2016 result I felt it wasn't adequately priced at the time, let alone their poor perfomance so far in 2017...it would likely hit its 52 week low and possibly even go lower. just my opinion.

veecovee:
had it being that fcmb released a good 2nd quter result, i think it would have being selling around N2 or more

Figures dont lie

ridiculous target prices...FCMB target price 2.93 !!! ..Follow these so called analysts at your own peril..They never born the red wey go visit your portfolio

Thanks guys!!

Daboomb:
Large Quantity and at Wholesale/Importers Price (as opposed to Resellers Price)?

Go to Orile but if you want it very cheap and in bulk, ask for Elelganza Warehouse at the same Orile.
Go towards the back of that warehouse, entering through the Main gate.
One other place you will also get very cheap prices and in bulk supply is if you[b] cross to the other side facing GTBank at Orile.[/b]
There are Turkish importers on that side (ask for their warehouse but beware of people they call "Baranda" - market urchins no different from the Lagos Agbero/Touts).

Happy shopping.

EndiaSami:
At orile.
You can call me. Would direct you.
You can check my thread also. For sanitary wares & plumbing items

shigidi:
House

Has dangote sugar been adjusted for dividend?

Yep

Mr Market indifferent about Zenith's result ... Access and UBA over to you

Guys where can I get to buy large quantity of average - high quality tiles to buy at the best prices in lagos and environs.

the rise is impairment and op expense is worrying sha

i actually think it's a good result ...plus its an audited result

stcool:
Ok Sir. DFlour that may not pay dividend until 2018 is undervalued. Kontinue

I never knew paying dividend is the only yardstick to measure the value of a company .

I entered DF at a very good price hence I have good safety margin before my stop loss is triggered.. at current price am already about 65% profit and still not keen at JO, the general trend of the market still remains upwards IMO

Again trade your plan

stcool:
No kidding this kind of offer can send DFlour back to support @ N4.50 if tomorrow we get another 5% drop. I saw it play out in Forte, M&B

Don't compare onions with water melon.. the factors drivng DF price is entirely different from the stocks you mentioned..FO and M&B are over valued stocks IMO

mercylicious234:
@house, what is your take on fidelity bank?
I have not traded this bank b4 cos of its large share outstanding vol.

It currently trading at 1.3 same as diamond.

Q2 would decide ... expecting it to be good.. Q1 ratios are relatively better than comparable penny banks. Have some reasonable units here but my entry price was less than 1.2. You may want to wait for Q2..

if you have alighted the DF bus at the bus stop of your choice why bother about the remaining passengers yet to reach their bus stops ...some of us need the extra space to stretch our legs while waiting to get to the last bus stop.

trade your plan...leave others to trade theirs

cadno:
I have been in this forum since 2011.
I also noticed that 90% of stocks that where over analysed have always Performed poorly or at best disappointed people.
Example: Oando, FCMB, Unity Bank, Evens Med, FO, Mobil, etc. I have all my a whole year savings in Oando at N18 average price, but look at where I am now ...Lolz.

But look at stocks that nobody gives thought to like : Okomu oil, Presco, GT Bank, Dansugar etc.
So my lesson : I no longer follow the noise on any stock over analysed here, I go the opposite.
Hence even as much as I like First Bank...I am not buying yet. DanFlour is also another am not buying.

Please this is my personal opinion.

someone seems to be playing baba ijebu with his money

IHelp:
When am late, I either [b]go down with it [/b]or wait to rise with it.

go down with it depends on the amount at stake o..

bolabiyi:
yep...And some traders cut losses too early....

Beauty of the market is that there would always be opportunities , would rather cut my losses early to preserve my wealth and learn to fight another day... anyways experience is the best teacher, though it may be costly

It is almost certain insider trader plenty NSE. When FO started losing momemtum today I suspected their result would be bad... NSE is not a level playing field ... all the same money must be made

I don refresh the NSE company result page tire .. make I go rest jare ..if they like let them release the results we are waiting for

youngklem:
Hi my friend. This was how Bitcoin Started. Many People ignored and few got into it. Those who ignored are regretting today, while those who got into it are rejoicing today. 1Bitcoin is equal thousands of dollars. Here comes another opportunity. Don't Ignore. China is Launching her own cryto Currency like Bitcoin. To enable anyone from any part of the world to buy and sell in China. If you send me the following details of yourself I will be able register you.

1) surname, first name, middle name
2) genda,
3) cell number,
4) ID or Passport Or Drivers Licence Number,
5) email address
my contact: WhatsApp +2347032338544
Once I receive the above details I will register you and I send you your login details and I give you more information on how you benefit more.

I thank you, and wish you good luck.

Guy you funny o, you actually expect people to give out all these details to you on a faceless forum?? Anyways just pack your load to the appropriate thread please

This FO's dance step na wa o (1 step forward , 2 step backwards)

Men holding tight to Dansugar ... would do the same if I had it in my portfolio

Danflour moving slowly

lancee:
who are theses pple are mopping up fbnh?

peopole who like to live in surulere

Chibuking81:
Nigeria stock most at time work like gambling.
All the stock are presently at their pick, the alternative direction is downward, the law of diminishing return is almost taking place, with expectation of Q2 result/ interim dividend, most stock climb to the top.
Any company that release their result now will witness massive sell off, dumping, jumping out, meaning the revise will be the case.
The voice that speaks to me within last week is a genuine one.

Am seen good entry opportunity before December 2017 for three months duration period, i.e against 2017 final year result, which is between January - March 2018.

yeye de smell..

Afripud loosing steam already??

Bought conoil shortly before I went on holidays, didnt follow the market while I way away ... came back to realise I have lost about 30% on conoil . na to sit tight with this one ... felt bad though.. normal me would have exited since... just 2 weeks of not following the market and see the damage ! those who buy long term I wonder how you profit ...

stcool:
This is how they would send May & Baker to 0.88K, the real offers are not yet out and the bear market has not even started. Those that bought @ N6...NSE is wicked!

]

a bitter lesson for people who bought @ N6... if you are not skilled in technicals that can help time ur entry and exit points its safer to go with fundamentally sound stocks ... if you are trapped in stocks with good fundamentals not in stocks with "potential fundamental" it ll just be a matter of time for the market to correct the price

Zhirinovsky:
When exiting a position, do so gradually inorder not to scare the market.

it depends on how large your position is

@Fxuser thanks for the livestock head up

veecovee:
Went to nite vigil...woke up this morning to too much blood in the house, thank God I sold wema yesterday when saw its body movement around 2.25pm. But why other stock

Bros e no good o..u didn't tell your Wema followers to exit when you did..