₦airaland Forum

Biafran4life:
Pls I really need a sincere advice.My phone or network has created me a mistake in which I don't know the best option, sell or hold.I placed a buy order for dancem.i just have to put the figure so you can get a clear pic.i wanted just 5000 and it turned out when I saw green to be 50000.Should I sell or hold.I am worried if it drops.Just wanted a bit of it because of the share buy back thing in the future

Stocks trading/investment is not all about making money,you equally need your peace to be in good health to enjoy the money.

If I were in your shoe,I will sell the 45000,taking my lost for my mistake immediately and follow my original plan.This is one of many situations that might likely bring unrest and you will just be checking DC price every hour when market is on.
Of course DC is a good one at current price but you can manage your funds/health better with buying other stocks if you really understand this market.

locodemy:
Haaaaaa,why apologizing.There is an atom of truith in what you are saying nah.some analysts may use it as a tool to disrupt the bull.

Are you really worried about some analysts disrupting the bull

rebekah2011:
My Oga Valueinvestor, I am constrained to suspect that your phone has been hacked, Unity Bank that should not even be operating again.

And if CBN liquidates unity tomorrow those who are buying now will be blaming SEC, NSE and every other person except themselves

onegentleguy:
The part in bold is totally FALSE !!
I can tell u without mincing words that the FG is also indebted to TRANSCORP.(power arm) same way the company is indebted to her(Afam power aquisation in view)
As a matter of fact, the fund in question is mainly owed to GENCOS and GAS SUPPLIERS.

One does not need a soothsayer to infer that u clearly don't like the coy.
The historical trend of ur post clearly suggest so(I have closely followed ur post on the coy)
Maybe the coy has disappointed u in the past, but that shouldn't prevent u from aligning with facts. ...or at worse remain neutral.
This is what I like to do.

Hear this;
TRANSCORP will deliver some good return.
...it's only a matter of time !!

Some of your assertions are not necessary.
Transcorp disappointing me in the past,that must be a joke...
I am not the one who promotes or ' talk down ' a stock because I own or didn't own it. I think that is childish as I don't believe whatever we say here have an impact on the performance of stock prices on the exchange.

Now back to the issue in question, I will be glad if you can provide any links to back up your argument that fg or bubu owes transcorp.

[b][/b]

TraDeRR:
The news that would have propel the price was this power news but that while the government took to appoint ministers kidda killed the vibe.. I heard a minister’s signature was required but that office was empty.. “I heard oo”
I just pray bubu will give us our money or say something about it and the power sector to gear up price again. LOL

You need to put things in proper perspective.
The power sector is troubled and for clarity, fg or bubu does not owe transcorp. The money in question is owed majorly by discos.
The fg has been magnanimous in bailing the discos out to settle some of the debts.
How long can the fg continue to throw good money on bad ones?
Settlement of the whole problem is difficult.

For all that we know that money can become a bad debt in transcorp book.....

DeRuggedProf:
I need a list of three (3) stocks that will be top gainers by next weekend and the expected percentage gains...
We are here for the future, today can't be wasted on regretting the actions we failed to take weeks back....

1.
2.
3.
My only one pick for minimum of 25% for this week irrespective of general bears or bulls is already known and lying in the DUST.

@Meshpips, apply VAP here and tell us what you are seeing....
@Oracle, apply common sense here and revert.....
@CP, open your bedsheet ( Agba wont sneak in, I warned him you are a man) and revert.
@BBM/FXUSER, pierce the Ichimoku clouds...
@Pluto, pick the holes.
@VCV, use your new Jazz skills to read the calabash for us...

O ya, let all the ogas speak o.....
I will be more than ready to pick holes

Na only jazz I fit see for your 25% gain this week

meshpips:
Y'all are turning this whole thing into a d**k measuring contest. I came here to try help, una call me scammer. I give recommendations using my VAP model, una wan put hole for the methodology when una nor sabi "shi - shi" about.

Show me your own trade calls wey you put out about the same time I did mine, una nor fit bring out.

The one wey pain me pass na say while human beings dey talk, that ALIEN wey come from pluto sef go dey chook mouth.

I nor do again. Una don win.

I nor kuku dey trade NSE.

I hope una don happy now?

Learn to be humble...
Most people on this forum are better than you...
Your pride will take you nowhere.

meshpips:
Show me just one person on this thread that gave the buy call on ACCESS before I did.

My trade recommendation on that stock was given openly on this thread and suffered almost zero draw down.

If you can't give more precise entries that my VAP model, then you stand in no place to try to correct my model.

You should in actual fact respect the fact that the model is better than yours then seek how you can learn it before attempting to correct anything about it.

As it stands right now sir, you do not know a single thing about what I do so quit trying to correct what you do not know.

You are still not ready to change........
Access that has been on OGG recommended lists since when...
There is no stock you mentioned here that someone else has not put a light on before..

If you want to make money just forget about your academic prowess...
Saying that GTB will go down and access will be going up clearly shows that you don't understand Nigerian stock exchange....

@ oracle, your MMM analogy is setting in
Those that did not buy access at N7 are now buying at N10

OGG don join the coded gang...

bigjay01:
our holding period is forever, unless situations like this ...
I have this feeling Alhaji Rabiu wants more choke hold on CCNN+Kalambaina+Obu. It doesn't appear he is minority investor friendly like Aliko

I bought CCNN from N4.50k to N11 naira and I exited when I was convinced there was no more value in it again with rising price.
Rabiu is angling to move up in the Forbes list of billionaire, he will climb up on some people head.....capitalism at its best/worst

Uchetoba:
I'm not talking about the EPS or the dilution I'm talking about buying CCNN at the current price and selling it as Obu at N35 or there about by January.

My brother, obu is not buying CCNN at N35. The N35 that was quoted was from cardinalstone.They arrived at that figure based on their analysis just like CP will analyse a stock and give his opinion on fair price.......

RabbiDoracle:
Elastic bull o.

The bullet bounces off.

Stocks racing to the top soon.

We still need more time on this one...
Let that seller continue to offload

Mcy56:
CCNN closed at 19.10.
There's more to this merger in my opinion. We may not be getting details of what the merger is yet..
Just don't want Nsempa to miss out if it's going to be a positive one.

There is nothing in the merger.
This is not the first time that they will do something like this.
Rabiu is using minority holders to further his interest.

Price can continue to go up in the short to medium time, it is a stock that can be easily manipulated, One single entity control more than 90% of the stock.

If you can follow price and volume, you can join them in the reggae dance.

Mcy56:
Guess they'll move it after they're done with whatever plan they have.

I don't think there is any plan.
I am just curious who the seller is and why he is selling even when zenith offers the best dividend yield in the banking space

mendes911:
LOL. You want to buy more. Make Mcy and her friend catch you there.

mendes911:
Zenith....

Buyers are still scared of that heavy duty seller.

LOL.

That heavy duty seller get plenty oo....
He should continue to sell to depress the price till next week

isangjohnson:
GURUS IN THE HOUSE PLEASE HELP ME IN THIS ANALYSIS.
My brother bought 3bedroom apartments from Federal Mortgage Bank at 9.2m. 10% equity paid leaving a balance of 8.280m. This will be deducted from his salary starting from January next year. He has 20yrs left in the service.
The young man is totally confused now.
First, he is planning to invest 4m in Tb, roll it over for 3yrs or 4, use whatever will come out, add it to whatever must have been deducted from his salary for the same period and pay off the loan.
Second, he is planning to drop the 4m and subsequent savings with FMBN to reduce the balance as well as what will be deducted from his salary.
9.2m with mortgage calculator gave me 14.2m @ #711,840 a yr for 20yrs and 12.5m @ #838,452 a yr for 15yrs.
Should he drops the money with FMBN to reduce what will be deducted from his salary or he should rather invest the money in Tb, roll it over and add to what will deducted at the end of 3 to 4 yrs and pay off the loan?

At what interest rate was the mortgage giving?
As far as I know, FMBN mortgage goes for 6% per annum. If that was what is offered, then he doesn't need to pay anything back now. He should continue to service the loan till he retires from service.
The idea is that you are getting a loan at 6% while you are investing your money at a return of about 12% per annum. You will be good with the difference in rate of 6% and when you compound this for 20 years that will be a good money.

RabbiDoracle:
Bros, they did same to someone else o. He placed at 17.25 and it even traded at 17 but they didn't buy for him.

Like I have always said, they do so to cause panic so that you bring out your kaya on offer and voom, it's all gone. It is called scaring the weak hands.

Did the person place the trade by himself or he send mandate through his brokers?
I have been buying zenith around N17 for sometimes now without issue.

sellydion:
My friend, you dont need to believe, we know how insiders and professional works.

You need to read on how stock market works. Probably it will aid your understand.

Maybe/ Maybe not.

There are insider trading every where and we cannot rule out manipulation of share price on NSE and elsewhere. It is easily done with illiquid stock and one with low capitalisation. If a single entity is controlling a huge percentage of OS like CCNN, manipulation will be easy.
However, ascribing everything to manipulation when price are down is what I cannot believe. Zenith has traded a huge volume in recent days and there is no way I will believe that all those trades running into billions of naira are being done by people who want to keep price down.

sellydion:
I dont no ooooo. My broker could not get Zee yesterday. All this selling down could be professional just to keep

the price down until they have done with buying. The marging between BId/offer in Zee yesterday is notting to worry about.

I don't believe in all those conspiracy theory of someone selling or buying to keep price down.
Zenith is a good stock at current price, people who think otherwise are free to sell. That is the beauty of free market.

Mcy56:
GT dragging Zee up. I hope some guys wouldnt come and dump later again.

Every good stock will get its time.
There is an entity selling Zenith at N17, until they are done offloading........

fxuser:
- good vol
- higher weekly openings
- buy orders vexing

dont sit in cash oh . .

Good to see you here again
TA speaking, can you share your thought on some of your best picks going into 2020


CC:

BBM.

currentprice:
just checking Jberger. fp is N41

@pluto i work with pat not comprehensive income. with C . I fp will be higher but better i play safe. no enough cash, not my kind of stock sha

what do u think about d stock?

Cc. chibuking

All the very good stocks are in the banking sector.
As someone who likes to diversify, I have gotten to look at other sectors for a good one.
Cash and short term loans are minuses but the present price has given me enough cover.
Q4 is historically the best for JB, if they can pull it off this time around with a very good dividend declaration, I foresee a good stock primed for a rally in the short to medium term....

My top picks after q3..

Aiico
Zenith
Uba
Fidelity
Courteville
JB



Criticism and contributions are welcome

Happy new month to everyone on this forum.....

And a special shout out to OGG for his openness in stock analysis and recommendations, more synovial fluid to your elbow.

Now that most companies have released their 9 months results, I want to challenge all of us to put forward our top stock picks going into 2020 for a robust dabate and analysis....
I will be putting up my own shortly just like I did after q2 announcement of results.

Wish everyone a successful month


Cc: Oracle
OGG
Cp
Agba
Mendes
Rebekah

RabbiDoracle:
October closed bearish. I give that to Agba.
However, I have said that if these stocks gets to these August low, then the market is bearish to me.
GTB 25.7
UBA 5.45
Access 5.5
FCMB 1.41
Fidelity 1.40
All these were August low.

Once prices go below these, then the market is bearish to me.

GTB has already done 24.90. I will wait for others.

Don't you guys have eyes to look at charts or na only me dey see this reversal signs? I hope it is not benzene that I am seeing?

It is not only you that is seeing the reversal....
The major issue is the timing...

Has the market turned the corner? No, not in my own opinion....
When will the market resume an upward trend? I sincerely don't know...
For now ,the market breadth is still bearish.....

mendes911:
Not at all Boss. We spoke about 3 stocks. CP will digest reports and then we can compare notes.

OK.

mendes911:
Still waiting for your own digestion of the reports oooo. Abi you don forget me?

Are you guys talking about JB

owoblow77:
Until an accountant explains the result, its still hasty to conclude that UACN is ''bad'' market. I get interest in this stock. I'llbuy in bits when the fall ''stabilizes''. All I wan confirm be say UACN no go declare loss ontop UPDC again, becos dem don pay 17bn for am. Because all these accountants can be funny with dem IFS 35 blah blah blah. Those offering for sale may not really understand why dem wan sell. Buyer's market.
Accountants in the house, we need help!!!

My simple rule, if an account/result/acquisition/merger looks complicated or in understandable ,I just stay away.......

There are many things I don't understand yet about uacn proposed merger or Is it spinoff....

So, who first spotted that great stock, UACN on the forum

Is it Agba
OGG
CP
Or Meshpips