veecovee:

I don't know why I'm suspecting a positive surprise from CUTIX. Please you guys should help me on TA, FA, SA and Corruption Analysis of this stock. I don't want to regret my action later. When are they likely going to release their 2023 audited statement pls?

Cc @currenrprice, OGG etc

Pastor, why do you want analysis on corruption too?

Based on technical, the stock is looking good but there are sellers above 2.85. However, with the on-going bullish sentiments in NSE market, the bulls might have more power to overcome the bears at that level. Price already left a bargain level.

Some few weeks back, I think I read something relating to Cutix's FA from @currenrprice, you can check his past posts.

Good evening Sir BullbearMkt.
Please TA analysis of Access, UBA, WAPCO and Multiverse.
Thanks

BullBearMkt:

Pastor, why do you want analysis on corruption too?

Based on technical, the stock is looking good but there are sellers above 2.85. However, with the on-going bullish sentiments in NSE market, the bulls might have more power to overcome the bears at that level. Price already left a bargain level.

Some few weeks back, I think I read something relating to Cutix's FA from @currenrprice, you can check his past posts.

... corruption . I heard it here oo .

Thanks a bunch dearly

I read something about *trailing stop loss*. Can this be applied on NSE?

currentprice:


it Cutix bro

a stock identified by Oracle long time ago and he made cool money on it. the last bonus make their performance look average this time

Audit report due soon

Note: it not rated as stock to surprise the market as am still searching for that one. may be by H1

With CUTIX unaudited 4th quarter released on 27 may, how do you rate the company now?

ositadima1:

In addition to decoding signals, you also need to have a way to look for signals for all the stocks at once in parallel. This is where a stock screener comes in. A stock screener is a tool that allows you to filter stocks based on a variety of criteria, such as price, technical indicators. By using a stock screener, you can quickly identify stocks that are showing potential trading signals.

You do not need any screener for NSE because the total number of stocks is not much, I think just less than 150 compared to US market with over 7,000. So, personally, I don’t use it but what I do is to go through all of them on weekends when fine tuning my trading strategy for the week ahead.

Afromentalist:
I hate technical analysis with passion. To me it looks like well packaged Bullsheet. I am very certain some exceptionally talented people do make serious money with it, but I tend to believe the average Joe shall only lose money especially in the Long run (just like gambling).

I know traders here will disagree and I beg to be corrected but pure technical analysis looks to me nothing more than gambling with complex theories.

I might be wrong though.

That is why you keep losing money.

BullBearMkt:
I'm just looking forward to when there will be a challenge between FA & TA on this platform

No need for that. Everyman should follow whatever analysis that works for him. The bottom line is to make money. So, if one is using FA, TA, SA or SI it does not matter sir. Just make sure you are printing Naira that’s all.

Coolcash1:


You do not need any screener for NSE because the total number of stocks is not much, I think just less than 150 compared to US market with over 7,000. So, personally, I don’t use it but what I do is to go through all of them on weekends when fine tuning my trading strategy for the week ahead.

It depends on what you are looking for. For example, if you are looking for stocks whose RSI is below 20, or stocks that have crossed the lower band of a particular channel indicator, or stocks whose MAs have just crossed, or stocks that have achieved a certain percentage in a given month or met a certain volume requirement. There is a lot of technical stuff you may want to know about as it happens. Do you start calculating each of these things for the 150 stocks you are watching?

I prefer having a screener that I can run once a day after I have updated the closing prices. This will search all stocks and identify those that meet my criteria.

Good Updates on here.


Very impressive.

I've never traded on the stock market anyways.

I've always been on Cryptos.


Kinda seem familiar

ositadima1:


It depends on what you are looking for. For example, if you are looking for stocks whose RSI is below 20, or stocks that have crossed the lower band of a particular channel indicator, or stocks whose MAs have just crossed, or stocks that have achieved a certain percentage in a given month or met a certain volume requirement. There is a lot of technical stuff you may want to know about as it happens. Do you start calculating each of these things for the 150 stocks you are watching?

I prefer having a screener that I can run once a day after I have updated the closing prices. This will search all stocks and identify those that meet my criteria.

Well I don’t go through all this stress because I have my strategy and I religiously follow it. So, I sift through all the stocks to identify the ones with my strategy and I go for them. Talk about quality over quantity!

https://businessday.ng/sponsored/article/chamsswitch-is-certified-for-unionpay-card-issuing-and-processing-to-drive-financial-digitalization-in-nigeria-and-beyond/

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Hold chams
Hold Japaul

Good news are surfacing oooooo.
Goal post shifted
Chams #2
Japaul #3

IB faithfuls, pls this bull can't pass you.
Remain here, if possible add more at the current price.The wind of free float is a massive one.

Some dead stocks like omatek on the rise now.
Tomorrow a good news might surface and the stock becomes attractive.I can't discourage anyone buying dead stocks.The person must have done his due diligence before buying.

Now look at Ftn cocoa moving on news
Look at chams on news
Tomorrow another kobo stock news

locodemy:
https://businessday.ng/sponsored/article/chamsswitch-is-certified-for-unionpay-card-issuing-and-processing-to-drive-financial-digitalization-in-nigeria-and-beyond/

10 10% to continue.#2 loading

I saw this news too this a.m. but the problem is Chams is overbought and dumping can happen any freaking time by smart money.

locodemy:
IB faithfuls, pls this bull can't pass you.
Remain here, if possible add more at the current price.The wind of free float is a massive one.

IB is bae. I love the pull back last week which allows smart money to enter the bus before it takes off. Yours truly plan to add more to my portfolio tomorrow.

locodemy:
Hold chams
Hold Japaul

Good news are surfacing oooooo.
Goal post shifted
Chams #2
Japaul #3

Japaul is a N2 stock going by their last two ER. If it delivers a good Q2 ER, bro just kiss the stock bye bye.

yMcy56:

What led to ARDOVA opting for delisting??
Was it not the problem in the sector??
* ARDOVA paid Otedola N66+/share to purchase majority stake in FO, but what happened thereafter?

* The share price fell and continue to fall down to N12 or even below and ARDOVA run into considerable loss over losses, and can't afford to pay the remaining minority shareholders up to N20 naira again!!
Now, the 17.88k buyout price was even generating lots of issues btw mgmt and shareholders, but that was what ARDOVA claim could afford to pay!

As for OANDO, see how shareholders lost fortunes, with the price touching 3!!

Well, the significant rise started this year.

Will Oando delist?

Coolcash1:


Well I don’t go through all this stress because I have my strategy and I religiously follow it. So, I sift through all the stocks to identify the ones with my strategy and I go for them. Talk about quality over quantity!

I like to program in my spare time and setup is done once, optimize once in a while. It's not stressful at all, because everything is automated. I even run my entire workflow on my mobile phone. From data updating to screening, it only takes a few minutes. These days, you can run Jupyter notebooks on your mobile phone. I just need to download the daily price list that Morgan sends me every day at around 3 PM. Then, with a few clicks, I'm done. If I see any interesting tickers, I can analyze them further. It's really not hard at all. That's my way shaaa.

Coolcash1:



I saw this news too this a.m. but the problem is Chams is overbought and dumping can happen any freaking time by smart money.

Edited pls

Coolcash1:


Japaul is a N2 stock going by their last two ER. If it delivers a good Q2 ER, bro just kiss the stock bye bye.

Japaul has more qualities and potentials over chams.

If Japaul decides to rally, it can go above #3.

I am waiting for that international investor who will drive the minning subsidiary of Japaul to the moon.

Staying ahead of the market for SA


https://watcher.guru/news/brics-saudi-arabia-iran-brazil-pay-chinese-yuan-ditch-us-dollar

locodemy:
IB faithfuls, pls this bull can't pass you.
Remain here, if possible add more at the current price.The wind of free float is a massive one.

I dey your back

locodemy:


Let them dump ooooo
International investors even union bank parent company will like to hold a substantial shares.

Going by this news, union bank parent company will buy chams and delist it too like union bank Nig.

Same way Access bank is currently doing with Etranzact.

More Goodies and interesting time ahead

There is no relationship between Unionpay and Union bank. Unionpay is not the parent company of Union bank.
Unionpay has little or no presence in Nigeria. Pls do more reserch.

Mpeace:
There is no relationship between Unionpay and Union bank. Unionpay is not the parent company of Union bank.
Unionpay has little or no presence in Nigeria. Pls do more reserch.

Thanks for the clarification.
I was thinking unionpay is own by union bank.
Las las, it is a win win for chams shareholders

ositadima1:


I like to program in my spare time and setup is done once, optimize once in a while. It's not stressful at all, because everything is automated. I even run my entire workflow on my mobile phone. From data updating to screening, it only takes a few minutes. These days, you can run Jupyter notebooks on your mobile phone. I just need to download the daily price list that Morgan sends me every day at around 3 PM. Then, with a few clicks, I'm done. If I see any interesting tickers, I can analyze them further. It's really not hard at all. That's my way shaaa.

Is it possible to run the screener on different time frames based on the required criteria?

Does anyone know where I can find current P/E ratios for companies listed on NSE

https://businessday.ng/sponsored/article/chamsswitch-is-certified-for-unionpay-card-issuing-and-processing-to-drive-financial-digitalization-in-nigeria-and-beyond/

Explosive news on CHAMS as it's subsidiary ChamsSwitch announces a partnership with UNIONPAY INTERNATIONAL, a Global card payment solutions provider with presence in over 75 countries and clientele of more than 180 million card users.

According to the Nilson Report, UnionPay ranks first among all card schemes in card issuance and transaction volume worldwide.

I recall advising folks to accumulate CHAMS, highlighting its solid inherent value following an extensive analysis at the time the company was still trading for 20k.
...well, the coy already prints a CGY of approx 240% with CMP closing @ 68k on Tuesday.

Does it have the potential to deliver more?
There is indeed a near 1 probability!

Fundamentally, CHAMS is primed to trade above N1 in the short to mid term, with FVE/CIV pegged @ N1.37... using a mix of valuation model that assigns a conservative approach (just 5% QoQ GM to H1, 2023) but attaches a RPM 10% above current surrounding figure.

Technically though, there may be bumps along the way as certain key indicators slow down to build up/reproduce a fresh momentum for another push up.
But it's safe to say that a period of HL and HH is likely in the near term.

By the way, congratulations to all those who aligned with STERLING BANK and LIVESTOCK FEEDS @ N1.4 and 92k respectively following our guide here.
Both names already delivered ROI of over 160% and near 130% before the slight pull back in price.

Anyone can still earn a great return from taking position now, but like I always tell folks; It's always best to key in early.
I repeatedly called for a buy in CHAMS @ 20k.

What to do now?
Pls follow your instinct.

The good thing is; there are still a few coys we also highlighted here that are yet to record appreciable returns, including some select names in a certain sector which though has printed a bit of gains, still has a lot of POTENTIAL TO DELIVER MORE!

CAVEAT: NOT to be interpreted as any sought of recommendation. The need for due diligence should still take higher precedence ahead of this post.

Saleh

locodemy:
https://businessday.ng/sponsored/article/chamsswitch-is-certified-for-unionpay-card-issuing-and-processing-to-drive-financial-digitalization-in-nigeria-and-beyond/

10 10% to continue.#2 loading

Sponsored article? So Chams paid to have this article written? Something is not adding up!

onegentleguy:
https://businessday.ng/sponsored/article/chamsswitch-is-certified-for-unionpay-card-issuing-and-processing-to-drive-financial-digitalization-in-nigeria-and-beyond/

Explosive news on CHAMS as it's subsidiary ChamsSwitch announces a partnership with UNIONPAY INTERNATIONAL, a Global card payment solutions provider with presence in over 75 countries and clientele of more than 180 million card users.

According to the Nilson Report, UnionPay ranks first among all card schemes in card issuance and transaction volume worldwide.

I recall advising folks to accumulate CHAMS, highlighting its solid inherent value following an extensive analysis at the time the company was still trading for 20k.
...well, the coy already prints a CGY of approx 240% with CMP closing @ 68k on Tuesday.

Does it have the potential to deliver more?
There is indeed a near 1 probability!

Fundamentally, CHAMS is primed to trade above N1 in the short to mid term, with FVE/CIV pegged @ N1.37... using a mix of valuation model that assigns a conservative approach (just 5% QoQ GM to H1, 2023) but attaches a RPM 10% above current surrounding figure.

Technically though, there may be bumps along the way as certain key indicators slow down to build up/reproduce a fresh momentum for another push up.
But it's safe to say that a period of HL and HH is likely in the near term.

By the way, congratulations to all those who aligned with STERLING BANK and LIVESTOCK FEEDS @ N1.4 and 92k respectively following our guide here.
Both names already delivered ROI of over 160% and near 130% before the slight pull back in price.

Anyone can still earn a great return from taking position now, but like I always tell folks; It's always best to key in early.
I repeatedly called for a buy in CHAMS @ 20k.

What to do now?
Pls follow your instinct.

The good thing is; there are still a few coys we also highlighted here that are yet to record appreciable returns, including some select names in a certain sector which though has printed a bit of gains, still has a lot of POTENTIAL TO DELIVER MORE!

CAVEAT: NOT to be interpreted as any sought of recommendation. The need for due diligence should still take higher precedence ahead of this post.

Saleh

Na me first drop am as gamble anyways at that #0.20k without any analysis