₦airaland Forum

Has Zenith started the journey to 10, or what? Just a question. But this stock no dey follow common sense at all.

BullBearMkt:
All you need is your computer and Internet connection...Location is irrelevant...
We dey tech age now!!!

thanks. notify me when it comes up. no knowledge is a waste.

feelamong:
Pan-African Economy Growing Steadily in March















Africa: Nigeria grows out of recession as South Africa registers modest improvements. #SMI http://www.worldeconomics.com/SMI/Africa-SalesManagersIndex.efp …


Market Growth Index increased above 50 after five months in contraction territory
Nigeria grows out of recession as South Africa registers modest improvements
Price Inflation picks up pace across Africa

The World Economics Headline Sales Managers’ Index (SMI) for Africa – a composite indicator providing the most up-to-date monthly assessment of economic activity in the region – improved by 1.6 index points to 51.3 in March. The Pan-African Market Growth Index, which represents overall economic growth, has ticked up above the 50.0 ‘no change’ level which separates growth from contraction for the first time in five consecutive months in March. This level, indicates that the Pan-African economy is starting to grow after a period of shallow contraction. Nigeria is leading the way after a solid month of gains as South Africa saw small improvements also. The Eastern economy of Kenya, which had a strong economy during 2016, has experienced five consecutive months of slowdown and is now starting to post very low levels of growth. Overall, business conditions are set to remain challenging across the continent with low sales growth and higher price inflation expected.

but the main issue is, Nigeria is going to loose the biggest economy in Africa to South africa before July 2017.

The Naira has continued to appreciate against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency on Tuesday afternoon traded at N420 (buying rate) and N430 (selling rate), while the Pound Sterling and the Euro closed at N530 and N450 respectively. Trading on the floor of the Bureau De Change (BDC) showed that the Naira closed at N400 to a dollar, while the Pound Sterling and the Euro traded at N545 and N480 respectively. The Naira remained stable at the interbank market, exchanging at N307.50 to a dollar. Traders at the market said that they were happy with the performance of the Naira at the market, adding that it would lead to the fall in the prices of goods and services nationwide. Meanwhile, Mr Emefiele Godwin, Governor of the Central Bank of Nigeria (CBN), said that the bank was optimistic to see the further convergence of the official and parallel market rates. Emefiele said this, while fielding questions from newsmen .

Mpeace:
Has Zenith started the journey to 10, or what? Just a question. But this stock no dey follow common sense at all.

It will still go down more, but not to #10,
It will go down as a result of removing out billions of naira for dividend payment.
It will start going up gradually again after the payment as a result of re-investment of the dividend, if the share holders decides to do so.
Their payment date is tomorrow 23th of March 2017.

Chibuking81:
It will still go down more, but not to #10,
It will go down as a result of removing out billions of naira for dividend payment.
It will start going up gradually again after the payment as a result of re-investment of the dividend, if the share holders decides to do so.
Their payment date is tomorrow 23th of March 2017.

When is ucap payment date?

Part 4: TECHNICAL ANALYSIS FOR BEGINNERS

Second Cycle

The second cycle is what most active traders/investors know. This is what I termed - Calendar Year Cycle. I have observed that majority of NSE stocks exhibit high magnitude of impulse (bullish/bearish) twice in a year (few show it thrice). The first period span between mid-January – June and the second from September – November. Of course, this is not absolute!

I can hear someone saying I know this before…then if you know this, why are you in the market place every time? We can minimise our loses and rather capitalised on market cycles to make money by understanding and focusing our analysis on these periods.

The chart below is the weekly bar chart for Zenith Bank; It shows the stock calendar year cycle between Aug 2011 till date. The Start of bullish runs is with blue cycle and magenta cycle marks the end.



…have a successful trading day

Oga fxuser and co.Na today una go chop una dividend money for Ucap.Make una remember say una get brothers and sisters here o as una dey jolly with una families.

Tomorrow go be zenith shareholders and 29th Access holders............gud luck to you all as mine is coming up soon.

ihedioramma:
The Naira has continued to
appreciate against the dollar at
the parallel market, the News
Agency of Nigeria (NAN) reports. The Nigerian currency on
Tuesday afternoon traded at
N420 (buying rate) and N430
(selling rate), while the Pound
Sterling and the Euro closed at
N530 and N450 respectively. Trading on the floor of the Bureau
De Change (BDC) showed that
the Naira closed at N400 to a
dollar, while the Pound Sterling
and the Euro traded at N545 and
N480 respectively. The Naira remained stable at the
interbank market, exchanging at
N307.50 to a dollar. Traders at the market said that
they were happy with the
performance of the Naira at the
market, adding that it would lead
to the fall in the prices of goods
and services nationwide. Meanwhile, Mr Emefiele Godwin,
Governor of the Central Bank of
Nigeria (CBN), said that the bank
was optimistic to see the further
convergence of the official and
parallel market rates. Emefiele said this, while fielding
questions from newsmen .

Let those holding and Mopping the dollars continue...

I have been buying $50 each time Naira appreciates and so far am in a loss position as i started to mop when Naira appreciated to N480....but it is well!

PETERiCHY:
Whoever is having USD should secure it and sleep with both eyes closed.

I foresee a crazy FOREX demand like NEVER BEFORE.

*ThE OcToPuS*

Emefiele warned that those taking a bait on the naira would loose “real big.”

https://www.businessdayonline.com/cbn-cautions-currency-speculators-mpc-holds-rates-steady/


Right from the days Dollar was trading @subN200 CBN has been issuing warning to currency speculators.

They better stop talking and start crashing since some has vowed to get their fingers burnt

#PsychologicalWar#

locodemy:
Oga fxuser and co.Na today una go chop una dividend money for Ucap.Make una remember say una get brothers and sisters here o as una dey jolly with una families.

Tomorrow go be zenith shareholders and 29th Access holders............gud luck to you all as mine is coming up soon.

aaarghhh my brothers
I left before d closure ohh. I took my div in capital appreciation.

oga bull & bear mkt....Good morning.Honestly i have been following your technical analysis on the stock market.I will like to know all it will take me to trade on FCMB stock(JIJO) technically after it is marked down for dividend next month.

The second stock i will like to do JIJO on is FBN.Pls kindly show me the way to enable me know when a stock is showing a sign of bull run and bear run.

I am very good in accessing stocks fundamentally but it's like technicals work most in Nigeria stock market.

Thanks.

fxuser:
aaarghhh my brothers I left before d closure ohh. I took my div in capital appreciation.

why u no let them know when some people dey follow you for back. I hope you no go secretly leave before fcmb closure date?

fxuser:
aaarghhh my brothers
I left before d closure ohh. I took my div in capital appreciation.

Is like you belong to my team.
I believe much in dividend inform of capital appreciation than payment date.
If you sale a day before the closure of register/mark down, that mean you pay yourself dividend.

BullBearMkt:
INTRODUCTION TO TECHNICAL ANALYSIS

Arrangement is completed to hold a 2-Hour training on Technical Analysis (TA) this coming Saturday 25/03/2017 from 3:00pm. The training is for Beginners to TA and anyone that want clarifications on any aspect of TA.

Venue: Online via join.me (on your web browser type in join.me & download the apps on your desktop). Under "Join Meeting", enter this code: BullBearMktFREE. Enter your name & click on "knock" to get access to the presentation

Gate Fee: ABSOLUTELY FREE

Hello Chief

can this lecture be recorded for later referencing by those who could not attend live?

I have a strong feeling if Nigeria is out of recession,big cap stocks will be the prime winners and fundamentals may be applied in accessing,buying and selling stocks.Any contrary opinion?pls discuss.

locodemy:
oga bull & bear mkt....Good morning.Honestly i have been following your technical analysis on the stock market.I will like to know all it will take me to trade on FCMB stock(JIJO) technically after it is marked down for dividend next month.

The second stock i will like to do JIJO on is FBN.Pls kindly show me the way to enable me know when a stock is showing a sign of bull run and bear run.

I am very good in accessing stocks fundamentally but it's like technicals work most in Nigeria stock market.

Thanks.

Oga Loco, Fundamentals works very well for Nigerian stocks more than anywhere else, you just need to support it with Technical in order to know entry & exit pts; especially in a bear market when massive Bullish runs is like a mirage.

robobo:
Hello Chief

can this lecture be recorded for later referencing by those who could not attend live?

I'll try and record it as suggested...

BullBearMkt:
Oga Loco, Fundamentals works very well for Nigerian stocks more than anywhere else, you just need to support it with Technical in order to know entry & exit pts; especially in a bear market when massive Bullish runs is like a mirage.

I agree

BullBearMkt:
Oga Loco, Fundamentals works very well for Nigerian stocks more than anywhere else, you just need to support it with Technical in order to know entry & exit pts; especially in a bear market when massive Bullish runs is like a mirage.

ok.pls show me how to use technicals in doing JIJO in fcmb and fbn.very important to me.
I have alredy applied my fundamentals in both stocks.Anything you show me will be appreciated despite my verse knowledge in accessing stocks.

locodemy:
I have a strong feeling if Nigeria is out of recession,big cap stocks will be the prime winners and fundamentals may be applied in accessing,buying and selling stocks.Any contrary opinion?pls discuss.

Contrary opinion. Big cap coys that depend on importation of materials abroad will continue to lag behind as long as NGN-Dollar disparity is high, this is where "fundamentally" sound small caps with local materials will out-perform the market. This is a fact. That is what Trump is trying to do in the US... He want to bring down dollars to help big coys grow

locodemy:
ok.pls show me how to use technicals in doing JIJO in fcmb and fbn.very important to me.
I have alredy applied my fundamentals in both stocks.Anything you show me will be appreciated despite my verse knowledge in accessing stocks.

God's willing, when the time comes, I will post it on the forum...

BullBearMkt:
Part 4: TECHNICAL ANALYSIS FOR BEGINNERS

Second Cycle

The second cycle is what most active traders/investors know. This is what I termed - Calendar Year Cycle. I have observed that majority of NSE stocks exhibits high magnitude of impulse (bullish/bearish) twice in a year (few show it thrice). The first period span between mid-January – June and the second from September – November. Of course, this is not absolute!

I can hear someone saying I know this before…then if you know this, why are you in the market place every time? We can minimise our loses and rather capitalised on market cycles to make money by understanding and focusing our analysis on these periods.

The chart below is the weekly bar chart for Zenith Bank; It shows the stock calendar year cycle between Aug 2011 till date. The Start of bullish runs is with blue cycle and magenta cycle marks the end.



…have a successful trading day

To be specific, there are always market reaction in the following months
1.Late February and the whole of March (reason anticipation of final year company result)
2.April/May (Ist quarter result for period of January - March)
3. July/August (2nd quarter result for period of April-June)
4. October/November (3rɗ quarter result for period of July-September)

The most reaction take place February/March due to dividend declaration.

Chibuking81:
To be specific, there are always market reaction in the following months
1.Late February and the whole of March (reason anticipation of final year company result)
2.April/May (Ist quarter result for period of January - March)
3. July/August (2nd quarter result for period of April-June)
4. October/November (3rɗ quarter result for period of July-September)

The most reaction take place February/March due to dividend declaration.

Thanks for further explanation. It all shows that it is fundamentals that moves the market while technical steers (controls) it around...

Reminder!!!

INTRODUCTION TO TECHNICAL ANALYSIS

Arrangement is completed to hold a 2-Hour training on Technical Analysis (TA) this coming Saturday 25/03/2017 from 3:00pm. The training is for Beginners to TA and anyone that want clarifications on any aspect of TA.

Venue: Online via join.me (on your web browser type in join.me & download the apps on your desktop). Under "Join Meeting", enter this code: BullBearMktFREE Enter your name & click on "knock" to get access to the presentation

Gate Fee: ABSOLUTELY FREE

BullBearMkt:
Thanks for further explanation. It all shows that it is fundamentals that moves the market while technical steers (controls) it around...

Thats the reason i want to learn the technicals to support the fundamentals which moves the market.
I will be expecting it from you b4 the week runs out.Just for fcmb and fbn only.

locodemy:
Thats the reason i want to learn the technicals to support the fundamentals which moves the market.
I will be expecting it from you b4 the week runs out.Just for fcmb and fbn only.

We need to wait for the setup... except you want me to recommend 2 good books for u to study

BullBearMkt:
We need to wait for the setup... except you want me to recommend 2 good books for u to study

I choose to wait for the setup but pls dont forget it.

Zenith bank is no longer raising funds...it has been cancelled 4 now.

Princkez:
Zenith bank is no longer raising funds...it has been cancelled 4 now.

Today na 22/03/2017 no be 01/04/2017. March fools?

BullBearMkt:
Today na 22/03/2017 no be 01/04/2017. March fools?

pls I'm at d on going AGM