₦airaland Forum

Chibuking81:
In normal circumstances, did you know that as it stand now, that Diamond bank is undervalued in price when compare with Dangote flour, UBA and Access.

Diamond bank at current price of #1.15 x 5.6 = #6.44

While Dangote flour is #6.44 which is 5.6 unit of Diamond bank

By their q2 earning
Diamond bank earn 40 kobo per a share, when compare with Dangote flour, 40 kobo x 5.6 = #2.24

While Dangote flour earn #1.16 per a share.

(#1.16 x 2 of Dangote flour = 2.32, i.e Diamond need to be double)

I think to close the gap, Diamond bank suppose to be selling at #2.30 (i.e #1.15 of their current price times 2), and still on that, it still undervalue because, we believe that Dangote flour on their current price is undervalued.

This your theory is for a country with a stable economy and a right thinking president not the one that is orchestrating a civil war in south east and you want me to leave my hard earned money in NSE

Chibuking81:
I hope you got your 1 million units today.

Yesterday I got only 11000units but with the current iPod/Army brouhaha both in Abia and River State. I'm not buying again oooooooo.

BARGAIN HUNTERS take note.

Mpeace:
lol dont mind him. He said he was waiting at sub 1or even 80k but is now angry that we refused to sell to him at 1.15. Shebi he said he would buy at 80k, We will not sell to him ontill that price. I done belle full for diamond. Just waiting for q3 result and the rally that would follow. They are sure to make over 500% growth in profit after tax. The will do dangflour by q3 result.
NOT A BUY RECOMMENDATION, JUST A PERSONAL OPINION.

Mind you about 4months ago it's the same Diamondbk we bought 90kobo and Sold btw N1:29 & N1:35k
While you are dreaming of your 500% profit I'm already out with 10-15% Profit..

You see the difference is clear that's why we've been relevant in NSE for the past 15yrs no time for dividend or long story.

*ThE OcToPuS*

fxuser:
Diamond

- 120m traded ! ! !

NSE and Manipulation are 5 and 6.
I'm currently the highest bidder for Diamondbk with 1millionunits @#1:17k and I see trades going on btw N1:15k and #1:16k while none of my order has been filled.

fxuser:
and fcmb at 50kobo abi
lol

Both FCMB and Fidelitybk at the same junction they are all birds of same feather.

Bargain Hunters are still waiting for Diamondbk at it normal 89kobo junction.

*ThE OcToPuS*

Chibuking81:
School fees palaver will still affect next week, and will dominate part of this month.
As parents cater for their ward school fees and needs, where will the get another money this early month to inject back into the market?.

Those that want to sell their stocks for school fees purpose would have finish doing so by this weekend and cash their funds by next week.

So it's time to start buying in batches and watch out for the end of September/October rally..

*ThE OcToPuS*

sellydion:
What are your picks?

I'm now eyeing the 3 musketeers (FCMB, FIDELITY and DIAMOND) @Circa N1:10k.

By this weekend School fees palaver will be over.


*ThE OcToPuS*

PETERiCHY:
What we are witnessing now is known as SCHOOL FEES BEARS.

It normally show between AUGUST 15th and SEPTEMBER 15th of every year.

It's the most dangerous species of BEARS, So better don't dare it.

BARGAIN HUNTERS oil yours GUNS and sharpen your CUTLASSES!!!

September15th is around the corner, School fees and Sallah BEARS will soon be over .

*ThE OcToPuS*

Tritri:
AM I THE ONLY ONE NOTICING REDS EVERYWHERE ?

Ask yourself what has really change or what else do you expect from a country where rat chases it president away from office

The market has depressed for too long then mid into the year it started flying without wings courtesy of the MARKET MAKERS PUMP and DUMP strategy.

Now they are looking for those to dump on but investors are becoming wiser.

Mind you next year 2019 campaign will kick off and that will create any GREAT VACUUM so the market has no other direction to go but deep down.

*ThE OcToPuS*

MARKET MAKERS are now sweating, looking for the gullibles that will bell them out but thank GOD investors are becoming wiser.

Very soon the bankers will come knocking on their door and they won't have choice than to give in to the demand of the BARGAIN HUNTERS.

CASH remains the undisputed KING.

*ThE OcToPuS*

NEWBIES don't be deceived none of the 3 musketeers (DIAMONDBK,FIDELITYBK and FCMB) is worth more than N1:00k

DONT SAY YOU WEREN'T WARNED!

All shares index dipped below 36000 now heading to 25000.

All our in-house TA, FA and SA analysts are no where to be found.

Even Pa. Emma that have been around over a century has suddenly forget the browser his been using to access CSCS all this years.

Wetin bear go cause eehhh

sellydion:
Friend , for you it is food for thought. For me it is away to easily get broke. What happens if you enter at support and there is a break of it. Loss only come in when you sold GOOD stock because of fear? Patience is virtue when you know what you are (buying)doing. 20% of N10m is N2m. That is good you said 3 days, however some people have held that price for months and years before that upside. Your 3 days is just plain luck. 100% in 6 months is N10m, see the margin. Pa Ewumi held UBA from N2.8 to N10 just putting in N3m will earn him N10m.Some of us would have sold at N3.36 earning pantry N600k. You don't need to play all stocks JIJO every where. Select good ones at good price and stay with it. If you have job be focus if you don't have go look for one.

No body is sure of anything, sure, align your portfolio and do risk management. Some buy Nestle at N650 and sold at N900 because of all this emotional imbalance and lack of patience. within more few days the price has gathered momentum making another 30% still going. When I saw the price at N800 I new it is time to jump in. It broke N800 to N650 somebody would have said I should cut my losses and move on
See the thing trading at N1200.

Really!!!
what of those that bought FLOURMILL @N110 and FIRSTBANK@N16 3yrs ago just to mention but few or do you want to tell me they aren't fundamental sound stocks back then

You picked Nestle @ it 8yrs year low price and use as example.
clap for yourself.

Well like I said earlier if you are trading with sizeable amount of fund simply split it into 3.

Then buy one or two good stocks at most and keep watching if you are losing then leverage with your 2nd purchase but you if you are fortunate to get 15-20% pull your fund as fast as you can and celebrate your victory.

Stop comparing yourself with a civil servants that might have plan of investing 5% of his salary for a long time frame into numerous equities with HOPE of using their dividend as retirement benefits.

CASH is and will always remain the KING.
I get am BEFORE no be PROPERTY.
So let's wise up.

*ThE OcToPuS*

Let's enjoy the 7weeks rain, to some it's heart wrenching while to those of us with virtue of being patience it's an abundance blessing.

I can see all the Ojoro market makers have biting more than they can chew.

It's now a case of to your tents oh ISREAL.
even the cunny Balogun boys are now on the run. Imagine buying FCMB @65Kobo and OANDO @#2:49k

I have it said it countless times let's stop aiding all this dubious coy in NSE else they keep driving Ferrari with shareholders fund.

*ThE OcToPuS*

feelamong:
You guys need to go and trade Cryptos! This Stock Market is too slow for my liking!

There you get 100% in 24 hrs or loose all in 24hrs/... You snooze you loose!

What's then the difference between your so called Cryptos and 9jabet

Gavrelino123:
Mine was 3:59AM....
My next subscription will be 364days.....
let them enjoy it for two weeks....lol

If it's a sizeable amount then quickly place it on CALL DEPOSIT for that 2wks and still net little profit.

Winneygirl:
call deposits are for people who do not want to tie down their money for a fixed term. They can choose to terminate at any time. 3days,13 days, in fact, next day.
Any day at all without any penalty to you.
So the banks cannot offer high rates for an unstable investment.
If this was not your intention, then you should re-evaluate your options.
6% is actually really really really good for your call deposit.

Well they've booked me and it's now running, I will need it by mid-September for Stock trading that's if NSE really crashed as expected & offer better bargain if not i will convert to 91days TBS.

Tritri:
Dangflour You broke my heart...Am i the only one in this position ? Where dat guy wey make me cancle my offer last week?

Point of correction you broke your own heart, Dangflour gave you all the opportunity but you choose to blew it by listening to those that are still trying raise a formidable capital.

Being someone that trades with sizeable amount of fund, tell me why on earth you will still be holding an equity that gives you circa 20% in a market that is FLYING without WINGS

Inessence know what you are cut out for and go for it squarely. It's might take 100yrs for one to raise a formidable capital but when you are sitting on it you guide it jealously and make your money work for you.QED.

*ThE OcToPuS*

What we are witnessing now is known as SCHOOL FEES BEARS.

It normally show between AUGUST 15th and SEPTEMBER 15th of every year.

It's the most dangerous species of BEARS, So better don't dare it.

stcool:
I don laugh tire...

FO I see u

Nothing to be surprised about FO is simply heading back to where it came from N8.

The era of oil is dead and buried, those in OANDO should be ready for share reconstruction.

*ThE OcToPuS*

fxuser:
Transcorp
- look out below briefly
- full offer

Transcorp is coming home to Mama @t 70kobo junction, Newbies don't say you aren't warned.

While some of us are patiently waiting for both Fidelitybk and Diamondbk @t their normal 80kobo junction,

Alot of manipulations is taking place so drive carefully because MANY have GONE.

*ThE OcToPuS*

paradice:
I 'm sure 6% per annum for 14days. No Bank will give you 6% in 14 days

It's per annum of course N12500 will be the interest on N5m.

Thats those of us on the sideline patiently waiting for the much anticipated MARKET CRASH so that we can come in and devour the devourers

*ThE OcToPuS*

chiboy429:
Hello peterrichy I want to go into trading of shares I have been following you for sometime now please I would love to connect with you for some advice and guidelines.

Stock trading is a do or die affair but you are ready to bear the brunt follow the thread below.

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/2544

olujaidi:
look for a tenor that matches your timeframe

Since I'm not yet on ground let me manage the N12.5k on top e go reach buy chocolate for children.

olujaidi:
Well, it's a call deposit. Rates on that are lower. You might have been able to get something better on the NTB sekondiri market. I don't know what their rates for that are.

Well NTB is out of it because i will need the fund when i batch next month.

Please house this morning Fidelitybk gave me 6% on #5m for 14days CALL DEPOSIT is that a good rate or are there better offers out there?

leo1234:
She is a learner.
She never meet Tritri

And who told you Tritri raised his capital from stock trading

Mr. Market is now looking for those that will pay the price of MAY/JUNE rally.
Be wise and safe guard your FUND.

*ThE OcToPuS*

rebekah2011:
100% profit? and you are not happy. I am short of words Sir. I am in UCAP n AFRIPRUD for long term and will reassess again when the 2017 results come out. You can join both at any price below #3

Why would he be happy when his making his own 100% profit in imagination while others are busy making theirs in real life.