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Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:29am On Apr 18, 2023
onegentleguy:


You are doing well.

CGPR- Cash Generating Power Ratio
CCC- Cash Conversion Circle
EFIR- External Financing Index Ratio
etc

I believe I've highlighted most of these acronyms and even more on many occasions in time past.

Regards

You left this out again. I think Google finally helped me out for the meaning.
VPD - Value Price Divergence (Not anything to do with Vapour Pressure. Though Google had more on Vapour Pressure Deficit grin on my initial searches. Perhaps it thought I was doing a Physics search grin)

VPD - Value Price Divergence
Looks like language of top (Technical and perhaps Fundamental) analysts. My layman understanding is it is helpful in quantifying how far off asset is over priced or under priced.

Amongst the load of info. This is enough for me for now.
Summary
Divergence compares the patterns between the price of an asset and a technical indicator. It is most apparent when the asset price is moving in the opposite direction of what the technical indicator states.
Positive divergence signals potential positive uptrend in price momentum, which can be bullish. Negative divergence signals potential slowdowns and an increase in downtrends in price momentum, which can be bearish.
As divergence is present in only some price reversals, it should not be the sole tool in making trading decisions – it is important to use a collection of tools to substantiate one’s decision.
https://corporatefinanceinstitute.com/resources/capital-markets/divergence/

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:03am On Apr 18, 2023
GTCO
Final Dividend: N2.80k
Qualification Date: 1st May, 2023
Payment Date: 11th May, 2023
Registrar: Datamax
https://doclib.ngxgroup.com/Financial_NewsDocs/38243_GUARANTY_TRUST_HOLDING_COMPANY_PLC-GTCO-CORPORATE_ACTIONS_ANNOUNCEMENT_CORPORATE_ACTIONS_APRIL_2023.pdf

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:12am On Apr 18, 2023
yMcy56:
TRANSCORP
The big guys are cashing out big @2.03......

So also more bids are joining......
Almost a #1billion in under 10 mins shocked

I wonder what's happening on the floor. Are there off market buyers??
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:14am On Apr 18, 2023
yMcy56:
**

They ain't cashing out oooo.
More bids are springing up.
The more you look, the less you see.
Transcorp may touch 3 before cashing out starts.
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 10:16am On Apr 18, 2023
onegentleguy:


Mr TRANSCORP already opening with a bid size that's almost 2x that from yesterday's close.
Indeed there was a reason for the huge but often "opaque" vol in TRANSCORP in recent weeks.
There's also a reason the vol movement has now followed a less "aggressive trading pattern" even with a maximum price rise.
...Implying less availability.

Carefully observe the coys trade book.

Something is going on! wink cheesy grin

Again, NOT to be inferred as any sought of investment advice.

yMcy56:
TRANSCORP
The big guys are cashing out big @2.03......
Over 380M bids within 5mins of market opening...
So also more bids are joining......

Some persons will leave and maybe wish they can reenter. wink cheesy grin
People will exit the door... but more people will enter/come in!

Perhaps, there's an anaconda-money-bag snipping on all offers. wink cheesy cool
Maybe Mr TRANSCORP might visit that N3 arena or somewhere near it. ...just maybe!

CAVEAT: NOT to be interpreted as any sought of investment advice.

It is well

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 10:20am On Apr 18, 2023
BabsO2:


You left this out again. I think Google finally helped me out for the meaning.
VPD - Value Price Divergence (Not anything to do with Vapour Pressure. Though Google had more on Vapour Pressure Deficit grin on my initial searches. Perhaps it thought I was doing a Physics search grin)

VPD - Value Price Divergence
Looks like language of top (Technical and perhaps Fundamental) analysts. My layman understanding is it is helpful in quantifying how far off asset is over priced or under priced.

Amongst the load of info. This is enough for me for now.
Summary
Divergence compares the patterns between the price of an asset and a technical indicator. It is most apparent when the asset price is moving in the opposite direction of what the technical indicator states.
Positive divergence signals potential positive uptrend in price momentum, which can be bullish. Negative divergence signals potential slowdowns and an increase in downtrends in price momentum, which can be bearish.
As divergence is present in only some price reversals, it should not be the sole tool in making trading decisions – it is important to use a collection of tools to substantiate one’s decision.
https://corporatefinanceinstitute.com/resources/capital-markets/divergence/

Not exactly.... but you are doing great.

Regards.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:22am On Apr 18, 2023
locodemy:
They ain't cashing out oooo.
More bids are springing up.
The more you look, the less you see.
Transcorp may touch 3 before cashing out starts.
Well, it looks like some fund managers and maybe institutional investors are the ones with huge bids.....

Retailers looks cautious.......but they are having confidence because of them........maybe the fund managers know what we don't know yet.
**Just my opinion o**
Let's keep watching.......

* I deleted the post cos I don't want to be insulted or blamed for anyone's exit/entry decision. smiley

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 10:29am On Apr 18, 2023
yMcy56:

Well, it looks like some fund managers and maybe institutional investors are the ones with huge bids.....

Retailers looks cautious.......but they are having confidence because of them........maybe they know what we don't know yet.
**Just my opinion o**
Let's keep watching.......

* I deleted the post cos I don't want to be insulted or blamed for anyone's exit/entry decision. smiley

FO also do jijo, when the price goes up he will exit
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:30am On Apr 18, 2023
YoungBuffet:
FO also do jijo, when the price goes up he will exit
Who or what is FO?

Btw, NAHCO is gradually progressing.......
Sighted @11.60 now....

Where's Peter?
Seems he don exit Transcorp, also missing out on Nahco? Chai!! sad

*Transcorp market update attached..

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:34am On Apr 18, 2023

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by YoungBuffet: 10:34am On Apr 18, 2023
yMcy56:

Who or what is FO?

Btw, NAHCO is gradually progressing.......
Sighted @11.60 now....

Where's Peter?
Seems he don exit Transcorp, also missing out on Nahco? Chai!! grin

Femi Otedola

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 10:35am On Apr 18, 2023
yMcy56:


* I deleted the post cos I don't want to be insulted or blamed for anyone's exit/entry decision. smiley

Just ensure to include a caveat to your post where and when necessary, and you should be just fine.

You have been doing a good job at helping to update on happenings around the market (particularly to the new ones in our midst) and to the best of my knowledge, you've also been very open and straightforward.

So it'll be unjust to have you do them with fear.
Just keep doing your thing my dear.
The ultimate decision lies on every individual after due diligence.

Regards

13 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:52am On Apr 18, 2023
Zagee:
https://www.thisdaylive.com/index.php/2023/04/18/restore-public-trust-in-market-transactions-transcorp-investor-tells-ngx/
This looks more like my observation too.
Retail investors are in the 'dark' as to what's happening behind curtains....

Anyway, retailers can just follow dem big men chop ni... smiley

There was some kind of "interest" going on here btw the two billionaires........
* Tony has around 1% shareholding in Transcorp (less than 1B) while Otedola acquired 5.52% (2.245B).....
* Some reports were of the opinion that Tony may increase his stake also....
* Around 89%+ in investing public.....UBA nominee with 9.25%

** What was confusing here is that: "Will Tony says he wasn't aware of Otedola's interest to buy some % before buying??
* Otedola thru Emperon or so, says they wrote Transcorp about the share purchase, Transcorp is denying the knowledge. Till now, NGX is yet to publish the share purchase........... Who is deceiving who?

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 11:07am On Apr 18, 2023
Elumelu/Heirs Holdings are the ones behind the massive bids on Transcorp today and not pension funds or institutional funds. Also, Transcorp rushed to publish their bad results yesterday in an attempt to drive down the price but retail investors no dey gree sell. E dey sweet. grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:12am On Apr 18, 2023
Lion123:
Elumelu/Heirs Holdings are the ones behind the massive bids on Transcorp today and not pension funds or institutional funds. Also, Transcorp rushed to publish their bad results yesterday in an attempt to drive down the price but retail investors no dey gree sell. E dey sweet. grin grin grin
lipsrsealed
Capitalist shenanigans
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 11:12am On Apr 18, 2023
thesilentone:
Thank you @BBM for posting this Sterling Chart, I can't find their historical prices due to this Holdco palaver on TradingView. Please can you suggest what platform (if any) I can still find this chart without the annotations. I had the same issue with ACCESS.

...another good platform is investing.com - https://www.investing.com/charts/stocks-charts
grin grin grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:14am On Apr 18, 2023
TRANSCORP
Battle of billionaires.......
Chains of 50M single bids on queue.....
Let the man with the highest doe wins....... grin
More wins for retailers...... tongue

** This thing pained me for Loco sha. sad
He waited so long and decided not to sell........what pushed him against his decision? Chai!
Even me self don sell d tashere unit I get. Jumped in @1.40 when there was huge crossings but exited out of fear of 'Transcorp'. sad

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:18am On Apr 18, 2023
onegentleguy:


Who owns what shouldn't be much of a concern.
Our goal as investors is to align accordingly and tap from what would be in it for us.
...this should take higher precedence.

The rise in the price of TRANSCORP could potentially set it off to N2.
I foresee the likelihood of a "bidding war" with a positive would-be impact on the investing public. (shareholders)

Remember what happened with FBNH btw Sir FO, the folks @ LEADWAY INS and Sir Oba Otude**
The bidding war actually helped propel the price... because everyone wanted to ... wink cheesy cool
They may not even be done with FBNH yet.

Expect something similar (perhaps even more) with TRANSCORP.
A lot is going on at the background in the power and oil & gas sectors.

Again, NOT to be inferred as an investment advice.

Lion123:
Elumelu/Heirs Holdings are the ones behind the massive bids on Transcorp today and not pension funds or institutional funds. Also, Transcorp rushed to publish their bad results yesterday in an attempt to drive down the price but retail investors no dey gree sell. E dey sweet. grin grin grin
yMcy56:
TRANSCORP
Battle of billionaires.......
Chains of 50M single bids on queue.....
Let the man with the highest doe wins....... grin
More wins for retailers...... tongue

** This thing pained me for Loco sha. sad
He waited so long and decided not to sell........what pushed him against his decision? Chai!
Even me self don sell d tashere unit I get. sad

Am honestly not surprised! wink cheesy cool
...the usual disposition of a capitalist!

It is well

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:21am On Apr 18, 2023
Lion123:
Elumelu/Heirs Holdings are the ones behind the massive bids on Transcorp today and not pension funds or institutional funds. Also, Transcorp rushed to publish their bad results yesterday in an attempt to drive down the price but retail investors no dey gree sell. E dey sweet. grin grin grin

Well, Elumelu/Heirs Holdings won't allow transcorp out of their grip.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:22am On Apr 18, 2023
onegentleguy:
honestly not surprised! wink cheesy cool
...the usual disposition of a capitalist!
It is well
Honestly!
Retailers are at their Mercy. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:24am On Apr 18, 2023
yMcy56:
TRANSCORP
Battle of billionaires.......
Chains of 50M single bids on queue.....
Let the man with the highest doe wins....... grin
More wins for retailers...... tongue

** This thing pained me for Loco sha. sad
He waited so long and decided not to sell........what pushed him against his decision? Chai!
Even me self don sell d tashere unit I get. Jumped in @1.40 when there was huge crossings but exited out of fear of 'Transcorp'. sad

Nne, the pains is much now.

Why you go sell when there is leadership tussle going on now?

Do you think Transcorp won't reach #5 if Elumelu decide to increase his shares to 7% from the floor?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:27am On Apr 18, 2023
onegentleguy:
Remember what happened with FBNH btw Sir FO, the folks @ LEADWAY INS and Sir Oba Otude**
The bidding war actually helped propel the price... because everyone wanted to ... wink cheesy cool
They may not even be done with FBNH yet.
Doesn't look like they're done yet from the look of things too.
Odukale's % is still very close to Otedola's.
Lots of coded accumulations were witnessed after the noise.
We'll see how this pans out eventually. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:29am On Apr 18, 2023
Transcorp grin

My transcorp has resurrected... Seems there's news around it or is it just this Otedola factor?
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 11:31am On Apr 18, 2023
onegentleguy:


Mr TRANSCORP already opening with a bid size that's almost 2x that from yesterday's close.
Indeed there was a reason for the huge but often "opaque" vol in TRANSCORP in recent weeks.
There's also a reason the vol movement has now followed a less "aggressive trading pattern" even with a maximum price rise.
...Implying less availability.

Carefully observe the coys trade book.

Something is going on! wink cheesy grin

Again, NOT to be inferred as any sought of investment advice.

yMcy56:

Honestly!
Retailers are at their Mercy. smiley

Unless you were following through with a trade plan, you shouldn't have exited.
As I said then; something was playing out in the coys trade book and it's still playing out. And by the way, that thing is positive. (see one of the post above)

There's been a sniper-kind-of-accumulation in days and it appears to have gained momentum. wink cheesy cool

But hey! there should be no regrets whatsoever... you can always align with other value accretive coys.

Let's wait and see where the price gets to.
Regards

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:37am On Apr 18, 2023
locodemy:
Nne, the pains is much now.
Why you go sell when there is leadership tussle going on now?
Do you think Transcorp won't reach #5 if Elumelu decide to increase his shares to 7% from the floor?
Remember what happened the last time Transcorp touched 1.40?
We were so optimistic it would touch N2......just for some guys to clear off bids of over 100M or so.
Na since that time I don dey fear the stock.

If not for Otedola factor, don't you think it would have gone back to below 1.40?

Well, some other opportunities will still come. We watch for another one to deliver.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:44am On Apr 18, 2023
yMcy56:

Remember what happened the last time Transcorp touched 1.40?
We were so optimistic it would touch N2......just for some guys to clear off bids of over 100M or so.
Na since that.tome I don dey fear the stock.

If not for Otedola factor,.don't you think it would have gone back to below 1.40?

Well, some other opportunities will still come. We watch for another one to deliver.

My wife never know I sold off the huge volume we bought.over 10m units we bought then.

Otedola has deprive me my best Jijo stock.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 11:46am On Apr 18, 2023
yMcy56:

Remember what happened the last time Transcorp touched 1.40?
We were so optimistic it would touch N2......just for some guys to clear off bids of over 100M or so.
Na since that time I don dey fear the stock.
Funny enough, I still told someone to buy when they started their abracadabra o.

If not for Otedola factor, don't you think it would have gone back to below 1.40?

Well, some other opportunities will still come. We watch for another one to deliver.

BTW, very valid point from yMcy56. Also hearing news that TOE and FO might be working on a deal for TOE to acquire FO's shares at a big premium in a padi padi offmarket deal, in which case retail shareholders will be screwed as the price will tank afterwards to enable TOE continue his accumulation. He was caught unawares by FO's moves and doesn't want to ever get blindsided again. My point is, be greedy but not too greedy. Exit when you've had a decent return.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 11:46am On Apr 18, 2023
locodemy:


My wife never know I sold off the huge volume we bought.over 10m units we bought then.

Otedola has deprive me my best Jijo stock.


It is well. Drink water and exhale.
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 11:47am On Apr 18, 2023
Lion123:


BTW, very valid point from yMcy56. Also hearing news that TOE and FO might be working on a deal for TOE to acquire FO's shares at a big premium in a padi padi offmarket deal, in which case retail shareholders will be screwed as the price will tank afterwards to enable TOE continue his accumulation. He was caught unawares by FO's moves and doesn't want to ever get blindsided again. My point is, be greedy but not too greedy. Exit when you've had a decent return.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 11:50am On Apr 18, 2023
.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:56am On Apr 18, 2023
locodemy:
wife never know I sold off the huge volume we bought.over 10m units we bought then.

Otedola has deprive me my best Jijo stock.
Loco it can be very painful, not when you denied yourself of other jijos, stayed put in Transcorp......only to exit and miracle happened.

...But, just look on the brighter side of things...... be hopeful you'll hit your jackpot some day.

Someone like me can't regret exiting Transcorp, it has disappointed many times.......
Always try to monitor the stocks you identify to know when there's increased activities ........and if there are some positive news surrounding it....
Jumping in when it starts going up wouldn't even be of much issue then.

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