₦airaland Forum

fxuser:
the list is breaking resistance levels and ATH

Well done sir fxuser.
Are you also on break with crypto?
I am on a week recess myself, na forced break o.

onegentleguy:
I have thanked 'Nsempaly' those that afforded me the rare oppurtunity to add a little more to my DF bag today.
But for the record, I wish to categorically state here that those who sold could be friends with Mr LAMENTATION sooner than later.

btw, I hope folks are seeing the growing push for the CAVERTON airline. ...like I said yesterday, this guy is still warming up.
...Our 'hot money brothers' shall soon hot it up. ...they are here to feast.

NOTE: For some select coys, I fell in love with Mr TIME a long time ago after a few revelations. ...U do not have to.

DD advised as always pls.

All this talk about those who sold DF is not necessary.
We are all adults and are responsible for our actions.
Do your analysis and move on and let those who sold one stock or the other bear their own cross.

currentprice:
don't forget Dabgote flour has about 66b debt , dangote sugar have close to non 2b the most important thing that add fuel to DF flour is divividend expectation that should follow the fantastic report, positive retained earnings. as at Q3 if we gauge base on available cash Dangote flour have negative free cash but Dangote have something about 60k per share free cash

though if i add depreciation for DF will have little cash left.

if the free cash of DF no improve by 4th quater, can Alhaji borrow more to satisfy us? next DF report will guve more clue

Trust alhaji, he doesn't burden his companies with unnecessary debt.
A big chunk of that debt in DF is for LC, will post the details tomorrow when I'm less busy.
The man just used style collect money to pay for cheap wheat in advance.
Alhaji na smart guy

fxuser:
Bank Market Cap

Let's even look at d current order in mkt cap sef

GTbank N1.32 trillion
Zenith N941.89 bln
ETI N438 bln
Stanbic N420 bln
UBA N386 bln
FBN N361 bln
Access N325 bln


Do u reckon this order will change before yr end ? if so pls what are your projections ? Our FA's in d hse

GTB will continue to lead...
Zenith bank will continue to play catch up...
Don't know what ETI is doing at no 3, will probably be displaced ...
Stanbic is a premium stock and will continue to be.. .
If FBN releases better results, will definitely move up in the ranking. ..
UBA and access will continue with their gidigbo but I am tipping UBA to win the fight...

Investnow2017:
Gents why are we not talking about UBA? Access and UBA right now are moving like FCMB and Diamond. Why are we concentrating on Access? I am just curious though. Are we saying that UBA does not possess all the characteristics that describe ACCESS right now?

UBA is equally good, different appeals for the two stocks.
Couldn't decide on which one to pick between the two, split the money into 2 and bought both .

Agbalowomeri:
Imagine your portfolio had been 100% diamond all along
In my world diversification increases your risk

No sir, it actually reduces my risk.
With Diamond, it could also have gone the other way. There is always something an outsider doesn't know about a stock no matter how good it might be looking.
And besides, I should be able to sleep well at night with my stock selection. Imaging we have some bad news coming out of Diamond today just like it happened with CI, ....

mendes911:
My portfolio was widely diversified until I locked in profit. Am only being human by complaining about Access, though I understand why it has refused to move but am yet to understand the motive behind the sustained dumping.

Well, someone dumped Diamond at N1.00 (I do wonder how this person will be feeling by now) and made it possible for us to embark. Let this Access guy do and leave.

Yes, I am also not too comfortable with the price action and I have taken the necessary step to protect myself.
It could be positive like Diamond and it could go the other way.
We are all working under probability, nothing is like sure thing in this market unless you are alhaji who owns DF, DS, uncle T who is in control of UBA, Transcpro, or Aig himself who can see everything that is happening in access.

My no 1 rule is not to loose money and every other things will follow.

DeRuggedProf:
My Oga, is ACCESS a good buy by your own criteria?
What is your own Fair price.

My projection is that a stock like access should not be selling at a forward p/e of less than 10. You can extrapolate that with their q3 results to arrive at a figure for fair price.

I have put a cap on the number of units I can buy in access as I am not too comfortable with the price action in recent times.

mendes911:
Until the entity offloading gets done, Access will remain stagnant. For the entity to have the mind to dump about 7M at market open says a lot about him.

Access might retest 10.50 again by Friday.

We will keep waiting. Such a silly stock.

That is why some level of diversification might be healthy for investors. A stock might have all the parameters that make a good buy but the price will not move as expected .
If you have other stocks that are doing well you don't have to worry yourself about access .At its own time, the price will reflect the underlined fundamentals.

currentprice:
pple can see the reasons i advice to keep your money if you are not yet in any stock pple who jump on DF today at high already have hair-cut of 5% and such person might not be able to sleep with both eyes tonight for fear of unknown

abeg i am not saying DF will not contining BULLING o

Sold my DF today to buy more of that concentrated nonsense and one agba stock (with heavy volume today ).

The market dynamics is indeed changing

phemmie06:
Thanks boss, na itching fingers de give me second thought.
What about international breweries?

As a rule, I don't do stocks with high p/e
Don't know anything about IB.

phemmie06:
Good morning to everyone in the house. Please I need your opinion on CCNN, should I sell or still hold. Is their any potential for international breweries, should I sell or hold? I have a tàṣẹ̀rẹ̀ units of international breweries since their IPO.

There is no point selling CCNN now, the numbers are there to support a rise in price.
If you bought based on FA, there is nothing to fear.

wanaj0:
Anybody buying OandO is nothing but a GAMBLER living in hopeville! Was OandO's last account not qualified??

So much for your consistency, respect sir !
You said the same thing when O and O was selling at N22, I was one of those arguing with you on SMN then about the viability or otherwise of the company.
Thank God I realized my folly early, cut my losses and moved on.

When some people talk about certain things of which they are more knowledgeable and experienced, you don't argue, you just listen.
Yes, people will still make money in O and O but majority will loose their shirts.

fxuser:
lollx yes boss ! ! make FUD enter now , everywhere go scatter

#Tron

Ah ah, you don hammer for Tron, make you dey remember your boys o.

fxuser:
big vol wt over 120m traded
higher price opening
soaking up pessimists
needs to rest that n2 region 52 wk High and break d damn thing
then the FOMO will kick in again and na MOON be that

I see you.
You na don dey use crypto language for here, FOMO, MOON, hmnn

BullBearMkt:
DO YOU KNOW THE MARKET IS YET TO DETERMINE ITS DIRECTION THIS YEAR?
Twice I have written this posts yesterday and also deleted it the same number of times. Reasons being that I don't want to be labelled as an Alarmist and I really want people to continue enjoying the ongoing rally in NSE. However, I owe my conscience a duty to post information I think will benefit at least one person.

No doubt, lot of money is made using price and volume for technical analysis. Now focusing on the last 2 trading days in 2018, what I see is that the market is yet to make decision on where is driving the NSE index. Market opened on 02/01/18 and closed a little above its open after bears took the price lower. The next day, 03/01/18, NSE index briefly enjoyed the rally but closed below the open price. Looking at the volume, yesterday's volume which dragged the index price down is twice more than Tuesday's volume. Each day creating pin-bar! As shown in chart 1.

This is summed-up on Weekly and Monthly chart as shown in Chart 2 as indecision.

What this means technically, is that investors are yet to decide whether to continue pumping more money into the market (which will cause the rally to continue) or take money out.

Chart of NGSE 30 companies is encouraging with a "positive indecision". Chart 3.

Next couple of days will unmask the plans of Market Makers and Smart Monies. Keenly to watch out for is the volume as related to price action. Possibly the rally can continue or temporary pullback could show up...

MY TAKE
-General market direction is unclear
-Patience needed for any new entry
-To buy any stock, buy at support level (or retrace/pullback) and not at 52 week high


PLAN YOUR TRADES AND TRADE YOUR PLANS

You are a pro.
I dey feel you

DeRuggedProf:
https://www.proshareng.com/admin/upload/reports/10879-Nigeria2018OutlookActaNonVerba-proshare.pdf

What I saw in the report is the the actual returns for those stocks under review. I would however prefer to see the predictions for 2017. e. g what was the predictions for GTB in terms of expected % gain in 2017 as against the actual returns of 61.1% that the stock made.
Would also love to see not only their buy recommendations but the sell recommendations for 2017 too.

Agbalowomeri:
Their 2017 prediction was top notch

Is it possible for us to see their 2017 predictions now so as to judge them

RabbiDoracle:
You will just get HBP!!!

You will be making money for the stockbroker!

If you invested N1m and it drops by 2%, you will sell off.

Let's get a better understanding of your strategy:

You buy a stock X at N1 and the broker charges you 1.5% on your buy. You will pay N15,000 to your broker first. Then they will use the remainder to buy you stock X. You will get 985,000 units.

If after buying, stock X loses 2%, you will sell off.
2% loss on N1 buying price is 98kobo. So you will sell 985,000 units at 98kobo.
Amount that would be realised will be N965,300.

Broker says that you will pay 1.8% for the sell commission. So you pay N17,375.44!!!

You have a final value of N947,924.6 in your portfolio.

Now let's see who is gaining/losing amongst the market, the broker and you.

You: N1,000,000 - N947,924.6 = N52,075.4

Market: 2% of your sum invested (N985,000) = 0.02 X N985,000 = N19,700

Broker: buy + sell commission= N15,000 + N17,375.4= N32,375.4

What this means is that a greater percentage of the money you lost went to the broker

And that is (32,375.4 ÷ 52,075.4) X 100%= 62% of the money you lost went to the broker. While market only took 38%.

Stop working for the brokers!!!

Good analysis.
I however think fxuser is a master of his game and he might be doing well than most FA guys here.

pluto09:
I am having a rethink about my position on presco and okomu.
The words on the street is that government is planning to review the policy on importation of PKO. Don't know how true this is but there are all kinds of imported oil flooding our market on daily basis already.. Caution now is my watchword.

This was my post on presco and okomu about 3 months ago.
Don't think they can survive without government protection.
I am out already.

$ 205 btc needed @ 365

chunkuli:
thanks, will check the warrants l have, @pluto the officer at fbn refused to upload for me except l provide the nos. anyone with veritas phone no? the land lines l got on website ringing without them picking

You can go to another bank.
I have done like 7 in the past 3 months with FCMB and Diamond and I did not provide any number before the forms were uploaded.

chunkuli:
pls bnsl, how can l get my shreholders no, am filling some e dividend forms and in front of the shares name there is a coloumn for the
shareholders account number

You actually don't need it.
Time and event have overtaken that, just ignore it.

@ Fxuser, good job you are doing.
Thump up.

emmanuelewumi:
Wanted to transfer one of my accounts from CSL stockbrokers to Fbn securities, but CSL said I MUST pay administrative charge of N2000 in cash.

I told them to debit the sum from my account balance with them, they I had to bring cash, I asked for the bank details of where the money ought to be paid to, they told me thatthe only acceptable mode of payment for this administrative charge was cash.

People who have done inter-member transfer through cscs is this the norm or an exception?

I did my own transfer some years back.
The whole process was handled by my new stockbroker and I did not pay a dime.

veecovee:
not emotional dear, but i don't like it when someone speaks arrogantly of what he's not sure of, how did Cadillac come to what he just said? Of course investors are cautious of Mobil due to their latest transaction with Nipco. But the worse thing that should have hhappen, has happened already. And that is changing the name of the company, which has being effected. So how on earth should Cadillac arrogantly say what he said without any evidence

Don't ignore the possibility of Delisting of Mobil by Nipco.

Toluway:
Anybody still dey afriprud so? Where is this friend whom I asked to be patient? Me self don begin lose patience. Correct stocks full ground jare

I am still in APR. If your current position is making you uncomfortable, you can reduce your exposure.
At its own time, the price will reflect the underlined fundamentals.

Agbalowomeri:
Quota 3; currentprice you don finish your quota for this one o

I think you are talking about access Bank.
I am inn already though I plan to buy more in a routine portfolio rebalancing and sizing.

You also like flourmills but I am not convinced about its prospects.
One, the first two quarters were good for them last year just like this year but the last two quarters were not impressive so making a projection about the full year earnings based on the first two quarters is difficult

Two, I don't like a company with high debt profile.

Three, with the proposed right issue,dillution is coming reducing the eps in the short to medium term.

Agbalowomeri:
Na style u dey carry ask for my stock

currentprice:
/

that is life now, you can see dude here very happy when someone compare DF to Flourmil price. that DF will soon takeover. that okay since they have DF in portfolio.

You can learn one or two things from Fxuser and Bullbearmkt.
Despite the fact that I am not yet fully convinced about TA, I must confess that those guys understand their games. They are doing a fantastic job.
Some of their projections have been very accurate but you will not see them coming on the forum to post about the same stock over and over again in a chest beating manner of I told you guys.

currentprice:
positive oor negative move. is part of the game

You don't need some of these.
Do your analysis and move on, posting just to prove what you have once said about a stock does not show maturity in my own opinion.

Princkez:
I can't view market with meritrade

Same here with cardinalstone.

Everything is fine now.