₦airaland Forum

KarlTom:


Cross deals are executed by the brokers/AM.
The actual owner and actual buyer use same AM...

Thanks for your feedback

Princkez:
hmmm #2+ loading

New core investor not joking

emmanuelewumi:
The buyer and seller use the same stockbroker

Thanks

BullBearMkt:
Oga Toluway succinctly did the analysis with Renko Line Break bars. Just to add a bit of context:
-Cadbury's price is showing momentum after last trading week's rejection below 20.
-Price likely targeting above 29
-But first, it needs to clear the hurdle @26.50 in the coming days.

I am not a big fan of Fibonacci due to its subjective nature, but let’s give it a try. The first chart is a basic Renko chart. I used the 1.618 Fibonacci ratio to make the projections.

In the first chart, I projected the previous upswing from the low at 17 (which I refer to as point A) to arrive at the marked point at 25 (which I call point B). Using the previous low, I then projected downward to 20 (point C), as shown in the next image—a schematic of the swings. Finally, I made another projection to around 32, which you might also call point D. Both B and C are marked in red as they represent projections.

In simple terms, I expect Cadbury to reverse its current upward movement around 25, potentially drop to 20, and then continue higher to approximately 32 and possibly beyond, based on my subjective application of Fibonacci ratios.

I would wait to possibly catch the bus around 20. And that’s a wrap!

Locotrader:
New core investor not joking

which stock/coy is this ??

SAK:
which stock/coy is this ??

TANTALIZER ooo

megawealth01:
PATIENCE and Time are assets not many have in their possession 🎵

..aptly put

ositadima1:
I am not a big fan of Fibonacci due to its subjective nature, but let’s give it a try. The first chart is a basic Renko chart. I used the 1.618 Fibonacci ratio to make the projections.

In the first chart, I projected the previous upswing from the low at 17 (which I refer to as point A) to arrive at the marked point at 25 (which I call point B). Using the previous low, I then projected downward to 20 (point C), as shown in the next image—a schematic of the swings. Finally, I made another projection to around 32, which you might also call point D. Both B and C are marked in red as they represent projections.

In simple terms, I expect Cadbury to reverse its current upward movement around 25, potentially drop to 20, and then continue higher to approximately 32 and possibly beyond, based on my subjective application of Fibonacci ratios.

I would wait to possibly catch the bus around 20. And that’s a wrap!

...Osita Baba! You & these your TA tools being subjective

Haha

Person they use TA for Nigerian stocks

Stocks wet no get volumes and wey insiders they manipulate

BullBearMkt:
...Osita Baba! You & these your TA tools being subjective

Baba, yes nah, you fit run your own analysis give similar or entirely different results. I just play, i no know watin i do, maybe the probability is high that eh go go up.

motymop:
Haha

Person they use TA for Nigerian stocks

Stocks wet no get volumes and wey insiders they manipulate

Eh dey work bro, if u see insider manipulation u go still know. Make i tell you something, tory way day, long ago like 15th century in China a smart local rice trader invented a crude form of candle charts we use today, the baba use the thing hammer then. Remember say the market na small market with plenty farmers way dey manipulate market then, but d Baba use him chart chop wella, and na only am dey do am then, before him come dey teach him pikin them.

Princkez:
hmmm #2+ loading

PATIENCE and TIME is asset of every wealthy billionaire 😘

FOCUS on the bags forget noise

Locotrader:
Peter will be happy to see this.
I already known Uacn will spark cardbury to rise.

Very soon he will start with his usual scary memes

🙂 I c

lol, why can’t they just run this business properly. What are all the sponsored articles meant to achieve

Raider76:
https://africa.businessinsider.com/local/markets/oandos-strategic-choices-driving-financial-performance-and-shaping-africas-energy/szkw4s0

Sunrisepebble:
lol, why can’t they just run this business properly. What are all the sponsored articles meant to achieve

VAWULENCE PLC activated

Nigeria Missing Among Top African Countries With Highest Debt To IMF In 2024

https://tribuneonlineng.com/2024-top-10-african-countries-with-the-highest-debt-to-imf/amp/

Oando raises oil production to 30,000bpd after Agip acquisition

https://punchng.com/oando-raises-oil-production-to-30000bpd-after-agip-acquisition/

NCC Approves MTN Disconnection Over Unpaid Charges

https://businessday.ng/news/article/ncc-approves-disconnection-of-exchange-telecoms-from-mtn-over-debt-2/

Sunrisepebble:
lol, why can’t they just run this business properly. What are all the sponsored articles meant to achieve

I hope they have not changed thr mind for the share redistribution. This new media hipe is for a purpose. I hope it is not bad news they believe could affect the share price

Raider76:
https://africa.businessinsider.com/local/markets/oandos-strategic-choices-driving-financial-performance-and-shaping-africas-energy/szkw4s0

They are always hyping themselves in the media... They need to focus on managing the great assets they recently acquired.

They are yet to even give details of their share bonus or redistribution... They moves are always opaque and drags...

Streetinvestor2:
I hope they have not changed thr mind for the share redistribution. This new media hipe is for a purpose. I hope it is not bad news they believe could affect the share price

I feel that the share redistribution thing wasn't thought out properly once the delay or possible cancellation.

Sunrisepebble:
lol, why can’t they just run this business properly. What are all the sponsored articles meant to achieve

Compliments of the season

emmanuelewumi:
Compliments of the season

I swear nothing makes sense in the NSE. Which normal market would buy ahead of a recapitalization exercise that is dilutive to existing shareholders?

Anyway, you know what they say about penny stocks: They go up right before the market crashes. But what do I know?

Locotrader:
I have a complete 20m units of chams.
I sold all my stocks for CHAMS.
From monday I will start to buy 100k units each on
Aiico
Prestige
Sovereign
Royalex
Regal
Guinea
Linkage
Veritas
These ones will be my new Jijo stocks

Thanks. 23% interest doesn't sound attractive in the current inflation climate. Does anyone know what the coupon and maturity of the DangCem Series 1 long term bond issue was?

freeman67:
Presco is looking for money to fund Ghana acquisition. Shebi na wetin no make them pay interim dividend... Abi na to add to that one

HesInMe:
I swear nothing makes sense in the NSE. Which normal person would buy ahead of a recapitalization exercise that is dilutive to existing shareholders?

Anyway, you know what they say about penny stocks: They go up right before the market crashes. But what do I know?

No loud the crash

Agbalowomeri:
No loud the crash

Game is game. If you are new to the game just learn wisdom

It's hard to see the whole picture.

HesInMe:
I swear nothing makes sense in the NSE. Which normal market would buy ahead of a recapitalization exercise that is dilutive to existing shareholders?

Anyway, you know what they say about penny stocks: They go up right before the market crashes. But what do I know?

Red Flags of Fraud

What You Can Do To Avoid Investment Fraud

Researchers have found that investment fraudsters hit their targets with an array of persuasion techniques that are tailored to the victim's psychological profile. Protect your investments by watching out for these red flags:

1) It sounds too good to be true

2) "Guaranteed returns" (they don't exist)

3) The "halo" effect, which makes con artists seem likable or trustworthy

4) "Everyone is buying it" pitches

5) Pressure to send money right now

6) Small favors (free lunch or workshop)

freeman67:
Presco is looking for money to fund Ghana acquisition. Shebi na wetin no make them pay interim dividend... Abi na to add to that one

That is why Okomu is playing catch-up. I tell people that dividend matters a lot to the average investors. Compare the amount paid by Presco and Okomu this last financial year, you will see that it is about the same. So, why would there be disparity in share price.

Though, Zenith pays a better dividend than GTCO, it is still trying to play catch-up in share price.