₦airaland Forum

tritritri:
It is easier said dan done when u see full offer.

I plan my exit at the point of purchase.
The reasons why I will sell a stock are predetermined and stock on full offer is never one of them.

tritritri:
Brother u never sale? u get mind ooh?

So you have sold your DF again?
To buy what

ihedioramma:
I know but news bad or good is what am looking for .

Results have been poor so far.

Agbalowomeri:
What percentage can crypto loose in a day

As much as 100%, thought that might be practically impossible but there is no restrictions in crypto .

leo1234:
I need btc to slow down in price appreciation. My alt coins are bleeding heavily relative to btc. However, a bit stable relative to USD.

In same position as you.
My altcoins are haemorrhaging!

DeRuggedProf:
I never predict the kilometers between two points.
Reason is that :
1. I may find robbers at any point and divert...
2. Natural disasters may happen along the road.....
3. FERMA might be working on some road segments....


ALL the above scenarios and more may cause me to DIVERT and actually cover more kilometers or ABORT the journey ENTIRELY....

veecovee:
25k

https://www.bloomberg.com/quote/TRANSCORP:NL

Transcorp eps is not 25k, it is 8.06k.

fxuser:
NGE ETF
- DangSugar , Fidelity bank and Seplat added to Nigeria ETF
- GTB remains the largest exposure wt over 15%

Link:
https://www.globalxfunds.com/funds/nge/

So they are the one buying DS and Fidelity

fxuser:
Transcorp
- interesting discuss , i ff price
- nov mth was morel like neutral with below avg low vol
- d mth candle formed a tight doji, opening at 1.40, close 1.36 , high 1.53 , low 1.31
- last 6 mth closures: nov: 1.36 , oct: 1.44 , sept: 1.36, aug: 1.30, july : 1.44 , june: 1.43
- a close above july is very bullish , stop loss is Aug .

Good analysis.

DeRuggedProf:
FOR LOCO ALONE:
A man like you sank over N13B and has gone to bed...

Money is relative o DRF.
That 13b might just be 1% of the man's worth.
And for Loco, ,.......

veecovee:
imagine! Some people think that he has a more accurate system than those that invested more than N10billn at 1.26. I don't know why currentprice talk like this. The other day he attacked diamond even at N1, where is diamond today? I want to advice all not to attack any company cause you are not there. There are levels of investors. No wise investor would invest up to N1blln in caverton or cilease

Giving an opinion about a stock is not the same as attacking it.
CP places a premium on current earnings which is reflected in his choice of stocks.

Transcorp p/e is about 16, which is higher than that of gtb, zenith, DS and other established companies.
Of course stocks is not only about earnings but I have learnt that the bottom line is very very important.
As for those buying based on the hope that transcorp might acquire a new power asset,that is a risky one. The process that will lead to the sale of those assets have not even commenced and only God knows long it will take. And besides, acquiring an Asset is one thing and turning it into profit is another thing.

And finally, I don't know what the share price of transcorp will be in the future as we are all working under probability. I wish those in the bus good luck

mendes911:
When reversal hits very soon, I hope we all will be able to jump off fast. The reversal might not have part B.

If you have bought stocks based on FA, this is not the time to jump off even if there is a pullback.

currentprice:
me i no go reply him again o unless he acted on my last bolded post.

sorry sir.

You don't need to reply everything.
We are adults ,it is a child that shows everybody what he has.. ..

locodemy:
Lets BET today.you will remain at eterna and I will make 150% in Transcorp.
I buy numbers but Transcorp news is bigger than numbers.The news is even incorporated to Govt.
check the price of any stock that has MOU with Govt in a deal.This is why i am in Transcorp now and nothing more.
Imagine when Transcorp is on bid,it makes 8 to 10% daily despite the huge OS.
I am only here to make money not to discuss what is not giving me money soon.
Eterna is not giving money soon.They should solve their problems first.
You have even examined me and know who i am.Money making is my priority.

So much more for your inconsistency.

locodemy:
Have you bought enough for yourself and family?
The big boys here have seen all and remain silent.
But I will advice every member here to have some units of Transcorp.
As it happened to Maybaker so shall it happen here when men must have gone to sleep.

There is nothing in Transcorp to be excited about.
It is still expensive at current price.

wanaj0:
You know one of the OandO bobo's join then years ago

Also they are into trading like OandO They need to GROW their lubricant business

Trading companies are RED flags

Is like they are in the good book of this administration.
A very high percentage of the turnover is coming from the trading segment. ..hmnn

currentprice:
base on numbers it still better than Diamond, sterln and wema

There are two major recurring problems with diamond :
1. Inadequate capital ( low CAR)
2. High NPL.

These have exposed the bank as a potential candidate for a take over by cbn.

Selling some of their assets and converting to a national bank is the latest approach by the bank to address the issue of CAR. We will need to wait for the audited result to know if they will be successful or not.

As for the high NPL, I don't think that will go away in the short to medium term.

Agbalowomeri:
Haba the idea is not to meet all criteria but the more of it a stock meet, the more likely it is to rally. In fact, meeting just one, two or three may even make a stock to rally

I am asking because I have not seen any, it is possible I didn't look well enough.
Thanks for the clarification

Agbalowomeri:
Copied
Drawing from his study of the greatest money-making stocks from 1953 to 1985, O'Neil
developed a set of common characteristics that each of these stocks possessed. The key
characteristics to focus on are captured in the acronym CANSLIM.

[b]C[/b]urrent quarterly earnings per share
[b]A[/b]nnual earnings growth
[b]N[/b]ew products, New Management, New Highs
[b]S[/b]hares outstanding
[b]L[/b]eading industry
[b]I[/b]nstitutional sponsorship
[b]M[/b]arket direction

Although not strictly a technical analysis tool, the CANSLIM approach combines worthy
technical and fundamental concepts. The CANSLIM approach is covered in detail in
O'Neil's book, How To Make Money In Stocks.

Interpretation
The following text summarizes each of the seven components of the CANSLIM method.

Current Quarterly Earnings
Earnings per share ("EPS" for the most recent quarter should be up at least 20% when
compared to the same quarter for the previous year (e.g., first quarter of 1993 to the first
quarter of 1994).

Annual Earnings Growth
Earnings per share over the last five years should be increasing at the rate of at least 15%
per year. Preferably, the EPS should increase each year. However, a single year set-back
is acceptable if the EPS quickly recovers and moves back into new high territory.

New Products, New Management, New Highs
A dramatic increase in a stock's price typically coincides with something "new." This
could be a new product or service, a new CEO, a new technology, or even new high stock
prices.
One of O'Neil's most surprising conclusions from his research is contrary to what many
investors feel to be prudent. Instead of adhering to the old stock market maxim, "buy low
and sell high," O'Neil would say, "buy high and sell higher." O'Neil's research concluded
that the ideal time to purchase a stock is when it breaks into new high territory after going
through a two to 15 month consolidation period. Some of the most dramatic increases
follow such a breakout, due possibly to the lack of resistance (i.e., sellers).

Shares Outstanding
More than 95% of the stocks in O'Neil's study of the greatest stock market winners had
less than 25 million shares outstanding. Using the simple principles of supply and
demand, restricting the shares outstanding forces the supply line to shift upward which
results in higher prices.
A huge amount of buying (i.e., demand) is required to move a stock with 400 million
shares outstanding. However, only a moderate amount of buying is required to propel a
stock with only four to five million shares outstanding (particularly if a large amount is
held by corporate insiders).

Leader
Although there is never a "satisfaction guaranteed" label attached to a stock, O'Neil found
that you could significantly increase your chances of a profitable investment if you
purchase a leading stock in a leading industry.
He also found that winning stocks are usually outperforming the majority of stocks in the
overall market as well.

Institutional Sponsorship
The biggest source of supply and demand comes from institutional buyers (e.g., mutual
funds, banks, insurance companies, etc). A stock does not require a large number of
institutional sponsors, but institutional sponsors certainly give the stock a vote of
approval. As a rule of thumb, O'Neil looks for stocks that have at least 3 to 10
institutional sponsors with better-than-average performance records.
However, too much sponsorship can be harmful. Once a stock has become
"institutionalized" it may be too late. If 70 to 80 percent of a stock's outstanding shares
are owned by institutions, the well may have run dry. The result of excessive institutional
ownership can translate into excessive selling if bad news strikes.
O'Neil feels the ideal time to purchase a stock is when it has just become discovered by
several quality institutional sponsors, but before it becomes so popular that it appears on
every institution's hot list.

Market Direction
This is the most important element in the formula. Even the best stocks can lose money if
the general market goes into a slump. Approximately seventy-five percent of all stocks
move with the general market. This means that you can pick stocks that meet all the other
criteria perfectly, yet if you fail to determine the direction of the general market, your
stocks will probably perform poorly.
Market indicators are designed to help you determine the conditions of the overall
market. O'Neil says, "Learn to interpret a daily price and volume chart of the market
averages. If you do, you can't get too far off the track. You really won't need much else
unless you want to argue with the trend of the market."

Happy Investing

Do you think there is any stock on the NSE that can meet all of the CANSLIM

onegentleguy:
...AND YES THE LONG EXPECTED THREAD IS FINALLY HERE. THE CRYPTOCURRENCY VERSION OF THE NIGERIAN STOCK EXCHAGE MARKET PICK ALERTS (NSEMPA).
PLS KINDLY USE THE LINK- https://www.nairaland.com/4198804/cryptocurrencies-market-pick-alerts.
TO ALL NSEMPA MEMBERS AND BEYOND WHO LOVE THE CRYPTO WORLD, LETS DO WELL TO MOVE OUR DISCUSSIONS THERE.
LADIES AND GENTLEMEN, I WELCOME U.
GOODLUCK TO US ALL !!!

Good

fxuser:
it has taken my sleep from me
congrats to 9k
a great yr lies ahead still for all markets

I should have left all my money in bitcoin.
Trading altcoins has not been a fruitful venture for me.
I want to also ask that we have a crypto version of NSEMPA so we don't derail this forum.

Oga fxuser, over to you.

Toluway:
I'm very grateful. I will choose from the the basketful of recommendations. But why don't you fancy Dangote Sugar?
Should I take a plunge now or wait till new year?

DS is good if you have bought earlier. I am well loaded here as the stock occupy the no 1 position in my portfolio in terms of size .However the entry price is very important and so I will not buy DS at N17 when DF is still selling below 10, eternal is 4, CCNN is below 9, ucap is 3.2, ati bebe lo.. ..

currentprice:
hope ur case will not be like PETER that sold DF to buy diamond.

currentprice like eterna, i have been buying space here with my cileasing loot

I am looking at eternal too, my only concern is what is happening to others in that sector. I can't understand how eternal can post such good numbers while others are falling.
I like ucap, it will be good for dividend play.

Agbalowomeri:
Toluway I no envy you o

Is it more confusion or help we have brought your way

The guy will be more confused.

fxuser:
- 9.30 is critical in d short term.
- d same way UBA caught up wt Access , flour will close d gap with sugar at some point

DF and DS are not mates for now.

Mpeace:
While we were all looking at fcmb, dangsugar did a minor magic, hitting 17.2 and then went back to red.

Anyone who has taken a position in DF based on FA will not be bothered by day to day market fluctuations in price.

locodemy:
Diamond bank level.
2018 is promising for Diamond & fcmb.

Hope 2018!

fxuser:
miss u more Prof
d cryptonic space can be very engaging, d emotions there no get part 2
been trading in Korea time zone

Ah ah, you they there too.
Crypto is sapping my energy and time like kilode.
Thank God I started small, if not I for done go exile by now.

locodemy:
yes,I got it last year base on the number i saw.
surprise to see it loosing numbers since this year started.
Just praying for it to recover some of the lost numbers this time around.
my legs are seriously in a haste to make vuuuuuum.

Hope and prayer together. Isookay.

locodemy:
If so,then have patience.has november ended?
you will see the result and we will know your valuation for it.
just less than 9 days from now.

Surprised that you are still attached to fcmb.
I thought you are now choosing stocks based on numbers.
Nobody is running down any stock, if the numbers are good no matter what anyone says, it will not matter.

DeRuggedProf:
I believe the contrary....

Be mindful of ANNUALIZED as well if/when the result is released .....

PharmAlfred:
Is this not the deal which its earning was reported in the 9months result of Dangote Flour?

Yes, it is the same deal.