₦airaland Forum

mendes911:
Sorry Sir.

http://www.nse.com.ng/Financial_NewsDocs/25302_U_B_A_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

Thank you jare.
A below par performance from my own perspective.

mendes911:
FY EPS: 2.20.

Almost a flat result.

Where is the result nauw?

Thanks for this info.

Agbalowomeri:
We may be headed back below 30K

We keep watching.

Agbalowomeri:
It appears there is distribution in the market

My observation too...
How long do you think the distribution will last?

Agbalowomeri:
Who takes over from the retiring CBN governor?

Let just hope that Baba will not wait for another 6months to appoint a replacement.

mendes911:
This is stock market forum. Let's face what we are here for madam. This politics you wan enter so no go pay anybody for this forum. No fall my hand nawww.

If you had followed some of the politics section, you wouldn't have been surprised at what she is posting here.

tritritri:
Make i ask before i make mistake with dis little money ..House una think diamond still worth it for d deal?

So you are still looking for what to buy when CP has bought all the good stocks at bargain price.

The problem with that diamond is that the price of access might crash at the initial stage of the consolidation. However if you will not be in a hurry to sell you might take a plunge.......

NOTE. I might be wrong o

mendes911:
Don't let the result meet you like a thief in the night. I can't be able to advice you though, you na grandfather for this parole.

Ah, ah ,if that result should meet me there,na real gbengen.

mendes911:
I gamble as well but waiting for FY result before I decide on WAPCO. But their foreign interest might beat me to it.

I should be out before the release of FY result. I don't think the result will be good.

mendes911:
http://www.nse.com.ng/Financial_NewsDocs/25021_LAFARGE_WAPCO_PLC._CORPORATE_ACTIONS_FEBRUARY_2019.pdf

WAPCO should quickly list these new shares. Maybe this will depress the share price further to a trade-able zone. Maybe.

Make you no depressed the price o as I have already taken position at N11 just for speculative purpose.
Gambling once in a while might not be bad.

GonFreecss1:
I have an obligation to make people especially newbies not speculate and get burnt. My mind Zeroed in on Transcorp because it was mentioned here a lot of times, and still keeps being mentioned like it's a gold mine. Hence my research on it and why I am giving my opinion. Which I have every right to do as much as people who are recommending it.

Or are we not helping people again? Are we deceiving them? Well. There is no need for me to ask this question, since we are all faceless and can't know the motive of everyone.

I don't have problems with anyone analysing stocks and sharing their opinion on that particular stock.
What I detest is when people continue to mention one particular stock they have analysed in the past in a chest beaten manner of I told you guys.

mendes911:
If market react like this to a dividend yield of about 10%..... Wahala dey oooo.

This our market na another thing o,

Just hope we will have the election this Saturday and it will be conclusive otherwise.....

GonFreecss1:
Chai! See how much Zenith Bank made for their investors, by the calculation of people who expected transcorp to be higher, Zenith bank should be nothing less than 200 naira.

Wow! I am learning everyday. Speculation is king after all.

My brother, just forget this your talk about transcorp and move on.

Transcorp and zenith are not in the same league and what drives their respective price is not the same.

mendes911:
Thanks Pluto.

You know I will always say things as plain as they are.

I hope you are doing great.

You and BigJay has been on stock accumulating ever since, when will you guys cash in some profit? LOL.

Lol I actually do take profit with my trading account especially with those kobo kobo stocks, transcorp, wema, etc, etc.

mendes911:
I really do not know what I appreciates the most about CP.

I don't know if it's just his skills at identifying undervalued stocks and stating them as they are without having to claim insider knowledge nor the privilege of having spoken to a management staff that he has never met before.

Or his humility at not repeating his past post on recommended stocks. He posts and goes his way, not having to use a different moniker to return and tell us how "that oga is a nice and good guy". Accumulation of likes, etc.

As per NSE, I have always had my methods but CP has proved to me within the past 3 months that there are more better ways. Enough room for improvement.

Enough Respect CP!

Welcome back Mendes.
You like to make trouble o chai...

Myself, I am tired for that guy

@ BBM,


Where are we now on the NSE index??

currentprice:
many brov, if u open ur eyes well.

ETI is one of them

Your eyes dey everywhere
I never buy this one finish, make you no cause bull enter am yet o

Mcy56:
Make una stop to dey crash honeywell price biko.

Did you see the last result of Honeywell

Agbalowomeri:
Lol Oga Pluto would soon come for you

I will pretend as if I didn't see the two of you this time around

STNWAUME:
Hope that won't be the case of CARVETON if there FY result is poor

I don't think CARVETON FY result will be poor.....
If there will be anything negative, that would probably show in q1 2019.....

currentprice:
Lol... nothing wrong with UBA, it end of the month balancing things

i called chibuking earlier to load or miss out again

What happened in uba today did not look good from my end...
I actually think something might be wrong....

ndidigood:
the ones l sold last week Wednesday or so has not been credited it has bn like that since,l don't boda BC l HV option

The fault might likely be from you.
It is possible you choose a direct account when you were filling your form.

BullBearMkt:
Is the market on fire?

Na this time we need your services more on this forum......
Just dey notify us of any gap up as you see am.....

I beg, where is fxuser?

Chibuking81:
Did you believe in bonanza before? Ok ASI below 30,000, which we just witnessed few days back and might still witness again, again my bonanza as I maintain from when it was introduced, is to by one and get one free. If you have believed in my bonanza message, by now if you are truthful without been a doubting Thomas, you would have been testifying how many Zenith bank and other companies share you got free. Most of us that left the market then, and came back this new year have been testifying how many units of share we got free from the companies we left them as we bought back from beginning of this new year. Or did it not favour you?. Those that it did not favor never believed in my bonanza message, like it happened in the days of Noah.
Remember I said that my post doesn't call for an attack. If what I posted didn't go well with you jump and pass, because some might need it and work with it, and better still post your own

I just asked a question o, some might still be waiting for zenith at your bonanza price

Chibuking81:
Zenith bank 2018 final year result might come out next week Friday, with final year dividend of #2.50/#3, bonus might be included. Their earning per a share keep on moving high. Possibility of their price hitting above #30 in the next 40 to 60 days is high. They might still go down again within this period, but the possibility of upward movement any moment from now is high.
My opinion though. Not buying nor selling recommendation.

DD is allow, please this does not call for attack.

What is that your bonanza price for zenith again

Mcy56:
Fallacy of hasty conclusion sir.
If Morgan is one of the five houses with highest volume in the whole of NSE then that means something.
Someone actually posted its position here sometimes ago but can't remember number what now.
They've really improved in recent times and are striving to become one of the best. Think that's commendable enough.

Volume means little in this business, value is the real deal and we know those who are the big boys here......

austinkenneth:
The other brokers that are still charging high commissions don't know what they are missing. More and more people are directing their trades away from them to Morgan.

That is their business not mine. I will never buy at such high commisions.

It is not only about cheap thing.....quality of service is very important.
How many high net worth individuals and corporate bodies are using morgan ?

samzepaparazi:
To play the market yourself, go to morgancapitalgroup.com

There are several others but i think they charge the least.

Register on there, takes 3 working days.


As for capital appreciation within a year, ill advise to wait till elections are over.

But! Transcorp at 1.15 is a cheap stock. That can beat treasury bills and mutual funds within the year. Selling at 1.42 = 20% profit. That price is very feasible.

At 1.64 =40% returns also feasible.

Watch for access bank after the deal with diamond is over as it has also become cheap.

If the economy takes a positive turn, consider wema for huge percentage gains as it is 59 kobo now. Could pursue N1.

If fidelity drops to 1.40 to 1.60 also a good buy.

Nigerian breweries is also cheap now. Used to be steady at 133 zone, now in 70 zone.

Certain GTB will crash after the elections following historical charts.

But buy transcorp btw 1.10 and 1.2 its the only clear one i know of now

Cheers

In as much as there are possibilities of upwards movement in price of all listed stocks, there is also the possibility of downward movement in price.
With all the talks about elections, price can remain depressed for a very long time more than anyone can predict....

My advice, learn how to value stocks and buy when you see one selling at a price below value zone and then wait for market to price your stocks right...
On the other hand, you can opt to be a trader but you will have to learn all the technicalities before you put money down...

In conclusion, no one can predict with certainty what the stock market will do tomorrow or next month.....

BullBearMkt:
-Daily is bullish while weekly is also inviting bulls
-Only election brouhaha can reverse the stock if it overcomes the resistance at around 30
-20 seems the level where smart money bags purchased most of their shares

Thanks.

@ BBM and fxuser,

What is the chat saying about JB

tritritri:
Before you transfer money to your trading account,prices are going down but immediately you are credited and about to buy the price goes up until you buy and after that it goes down again..............I always wonder if there is any one always targeting your fund as soon as it hit your stock account?

lol, you cracked me up with this...