₦airaland Forum

veecovee:
somebody in the house check wema now, .61k, 9m bid no offer

9m bid for a 0.61k stock.. calculate that...laughable .. nothing to be excited about IMO .. no further comment .. enjoy ur "kobo kobo" stock and profit

veecovee:
2ndly I'll like to tell you how smart traders trade in bull. Seeing the fbnh from 3.50k to 6. Should tell that diamond can move from .90k to 1.40k at least, and that sterling can move from .73k to N1 and that Skye can move from .50 to .80k and that wema can move from .50 to .70k... With wisdom you should buy the next after saling the other and using an amount you can afford to loose to trade Skye and wema. Hope you learnt something

lol .... its your money anyways dont know why i dey bother sef

veecovee:
but I'm already on paper profit...

Dont cry when you are not able to exit your position

veecovee:
I ve been in NSE for more than a decade. Anybody can say anything, in fact the stock has already absorbed and traded those news. 2nd qtr result is capable of pulling it up or down

if so, I wouldn't expect you to be eyeing wema except you have insider info.. would rather "risk" FBNH than put my money in wema.

PETERiCHY:
http://dailypost.ng/2017/06/16/real-value-naira-n1000-1-dollar-reno-omokri/

Reno Omokri, former aide to ex-President Goodluck Jonathan, has claimed that the true value of the Naira stands at about N1000 to $1.

He said this on Thursday night via his Facebook page.

According to him, the Central Bank of Nigeria (CBN) allegedly uses Nigeria’s foreign reserves in US Dollars to keep the value of the Naira up.

Omokri said: “They will tell you that we are broke because the price of oil crash. That is not true.

“The oil is just the 15 percent of our Gross Domestic Product (GDP). If the price of oil crash, it is not going to affect our economy to the point where we are so broke.

“Right now they tell you that the value of the Naira is increasing. Look that is completely not true.

“What they are doing is that they are depleting our foreign reserves and using it heavily to support the Naira. In a day they spend as much as $400 million to artificially keep the value of the Naira up.

That he was former aide to Jonathan mean he is talking sense?? Oga verify your claim before posting things like this here... do what suits you with your dollars , don't worry it will eventually get to N1000 to $1 just like Oando will one day get to N100

Many thanks BullBear

BullBearMkt:
UCAP
-Weekly is bullish
-Daily is bullish but deteriorating as bulls and bears are fighting it out
-Price opened high yesterday (good for the stock) but bears forced it to close lower (bad)
-Lot of transactions ongoing between 3.20 - 3.30 creating support level
-Average daily volume increasing

Afriprud
-Weekly is bullish
-Daily is bullish but showing deterioration
-Yesterday's close was strong & sitting on resistance level
-More bulls are needed to push the price above stiff bears opposition sitting at the resistance else support at 2.85 may be tested again
-Daily average volume not bad

@Bullbear, @fxuser please what is technical saying on UCAP and afriprud. Thanks

Manonamission:
The mistake most folks make is that they see a need to promote/defend their stock positions, in other words, Monkey hunt. If you did your proper due diligence, you will be hungry for criticisms because they afford you the opportunity to re-evaluate your position on a stock or at least, draw your attention to red flags you didn't see initially. Regardless of the negative analysis of FBNH, didn't outperform the banking index? So why get upset when the criticisms come?
I see a lot of unhealthy rivalry and competition on this thread. People forming oracle and king kong or they want to me seen as one. I'm still trying to wrap my head around that. To what end?
Lastly, mutual respect is very key to maintaining decorum here. I repeat we are not here to crown a king kong, oracle, oga, guru or what have you here. So let us all be guided

I tire oooo, I wonder the ego they are protecting sef on a faceless forum .. let concentrate on why we are here please

BullBearMkt:
-Daily and Weekly are bullish
-Price now resting on resistance at 3
-Doji formed last Friday, indicating indecision or neutral direction
-Today's trading critical to show direction to take from here

Why is most stock now on resistance level? Caution!!!

much appreciated !

@bullbearmkt @fxuser pls what is technical saying on Vitafoam

your projection is highly possible as long as CBN keeps the favourable FX window open... almost tempted to liquidate some real estate investments and plunge further into the market to enjoy the ride up as ASI climbs... just concerned about the policy somersaults that happens in naija

emmanuelewumi:
How far can the All Shares Index climb, by 31st December 2017?

I am looking at between 38000 and 40000.

its almost impossible to have a faceless forum with such a number of forumites without having certain people with uncouth behaviour..my eyes have been set to "auto skip" when i see certain monikers

did you see the volume those days of oando rally?? were they right?? do you also think the person that bought the 10m unit is stupid??... shine ur eyes

flexshop:
Wise ones are already on the fence waiting for the bus at N5 station.

Someone solely sold 10m plus units today an you think someone with that weight of unit is uninformed?

The market movers are correcting the stock price to load more hence 5naira busstop

Dont understand what you are trying to justify ... 2 weeks of consecutive bull and you are surprised people are taking profit?? bros you are not a newbie na ... Leave the people that are in FBN (including myself ) at least we are trading with our money

OBAGADAFFI:
This particular pull back is not good for FBN.

Some People will lose billions today, simply because the didn't take profit on time.

could you attach floor plans to your designs ?

fireprince14:
Check out this portfolio https://adesidaadedamola.wixsite.com/insignionstudios Contact me on 08057510625 (whatsapp) if you want designs like those.

Loco appears to be enjoying the FCMB okada ride to Abuja ...

locodemy:
Goodluck brother.I will still remain here though i see it slowing down if diamond bank overtake it.
I will also consider your move in days to come if #2.00 catalyst is not seen.

DeRuggedProf:
I leave a stock not because it is a bad investment or does not have future prospects but because I have met my target or my stop loss is triggered Or I have seen a budding volcano elsewhere that can keep me invested. If I want to reach Abuja from Lagos, I may start my journey with Okada, change to a car and end up flying to FCT.....

one man's poison is another man's meat .. thats whats keeps the stock market moving ... imagine what would happen if we all like the same thing

mercylicious234:
That coy has been consistent in paying dividend.
Learn Africa is former longman publishing. They base on educational books and books sell most in first term. The coy should be able to do more than it is doing if not for piracy. 80% of their books sold are pirated copies and the company is doing nothing to fight pirates.

entering Skye is tantamount to playing "kalo kalo"

locodemy:
Better to buy skye than to buy sterling bank.
I will comfortably bail out of skye without liquidity issues because of my entry price(50kobo).
I am ok @0.70kobo to avoid the unknown.

Investors sentiments favours diamond more the FCMB

locodemy:
point of correction.fcmb group has csl as a stock firm and csl as a registrar.Both are two different companies.They only divested csl registrar which is now cardinal registrar.
Right now they have the following as subsidiaries:csl broking firm,fcmb capital market,fcmb bank and fcmb trustees.

coming to revenue diamond bank had higher topline as revenue than fcmb while fcmb had higher bottomline as profit.This is where investors keep their eyes(bottomline)

Fcmb had a higher eps in the Q1 than diamond.I dont know much about others but i have pointed the key points.

I believe that diamond bank can perform better than fcmb with time but not now.They were better than fcmb in years back but not now.....i get am before no be property.

Sir pls let this no cause arguement.The most important thing here is we all are making more money this year.With time,we shall know where each bank belongs to.

I would like to be your broker, do your DD and stick to a few stocks... I am heavy in Danflour though

Cadillac15:
Please invite me too. I want to jollificate once it happens. Who has noticed that dangflour has been trading in the 4.30 range for more than a week now despite good trades and highs inbetween trades. Thats silent accumulation.

The company's outstanding shares is 5billion (very small when compared to fbnh and the banks). What that means is fewer shares up for grabs when the time comes. Hence the bids will be massive but no seller.

And we will see new highs like never b4 on NSE. Even thinking of selling my wapco at a marginal profit to buy more dangoteflour.

Hope you are monitoring your blood pressure

binaflexia:
High yield, high risk.

No gut, no glory.

Personally I margin trade crypto. The volatility is out of this world. You need to be at alert 24, else before you could get food from the kitchen, your account will be wiped out.

Man must survive

Bros u come dey rub am in again

currentprice:
na Oga LOCO this fbnh thing go vex past he angrily sold his fbnh at a loss to load fcmb see as fbnh day shine waving pass him

while oga 9free... just day laugh everyday nse open shop

_{^{currentprice love NSE}}

Pls dont turn around to insult them later...u are the master of your portfolio

Cadillac15:
Dont know why but BullBearMkt and prof said some thing that touched me yesterday. Bailed with my profit today. Now watching to see how it will end.

Makes me remember my secondary school principal in those days . May his soul RIP... He usually refers to this 4 levels of wisdom

pluto09:
The four levels of wisdom;
The man who knows and knows he knows is wise. Follow him.
The man who knows and knows not he knows is asleep. Wake him.
The man who knows not and knows he knows not is a student. Teach him.
The man who knows not he knows not is a fool. Shun him.

is FO on the move?

Bull makes this forum interesting ... enjoying the comment and counter arguments. Lets discuss the facts and not get personal when our facts are imprecise

its just sad people like PETERICHY would have discouraged some newbies from enjoying this current loot ..He kept shouting sell in MAY ! I wonder what he gain from such acts. Am sure he would re-appear during the next bear run and say "I told you" forgeting people have banked profit in between

Does anybody have a copy of the passed PIB bill? whats the implication on Oil and Gas stocks? should we go and park there

same here too , would have been dancing makosa by now

leo1234:
Some times I just wonder why people trade all their holdings in dividend paying stocks.
Any time I remember my ucap I smile. I sold UBA because of financial need and I am still regretting because I didn't even use the money for the intended purpose.

funny guy

locodemy:
my bank and i on fire......plzzzzzzzzz no look back ooo........Tritri dey dey for your back dey shout.....wait make i enter........abeg speed on.......

feelamong:
There are loads of thread out there.. This is the one i opened for cryptos

https://www.nairaland.com/3657807/bitcoins-all-bitcoins-investment-bitcoin

The returns there are like Blood money!

I make 100% in 3 days at times

Thanks boss

apologies for the digression

@Fxuser and others into bitcoin and cryptocurrency, can you pls direct me to platforms or any similar forum where I can learn more about cryptocurrency. better late than never . just monitoring prices, I have seen BTC and ETH gain more than 100% in last few months.