BullBearMkt:

...I totally agree with you on the fact that "Anyone who is not adept at trading stocks on the NSE should stay away from oando". But not only OANDO, but to stay away from any stock for that matter.

Contrary to your statement, characteristics of a "dying company" listed on any stock exchange (& not only NSE) is that its stock price continue to fall until it is delisted. Given, OANDO price has declined from over 20 to 5+, but this is general to almost stocks listed on NSE, except few...
However, this stock has been rising at least from December 2016. Technically, if it was dying, it is coming back to life again, perhaps.

Stock price movt are not embedded only in financial report, other factors are involved...

It appears you not in market in 2007 when the prices of dead companies moved from N0.50k to N12.00

Afroil a company without a known address due to quit notice as a result of 5 years rent payment default enjoyed a 1000% price appreciation.
On fundamentals will always prevail

emmanuelewumi:
It appears you not in market in 2007 when the prices of dead companies moved from N0.50k to N12.00

Afroil a company without a known address due to quit notice as a result of 5 years rent payment default enjoyed a 1000% price appreciation.
On fundamentals will always prevail

...and for your information, I bought Afroil at 0.80K and sold it N2+, even relying on my broker's advise then

Gents and Ladies, let me state categorically that I am on this forum to share my little knowledge and also learn from intelligent posts as well; I will gain nothing wasting my valuable time to antagonise anyone's opinion... Everyone is entitle to his/her opinion and trading strategy.

Thank you...

currentprice:



meanwhile where is LOCO,, hope u remember the quote ,, am 100% on Airline without fasting and prayer good start for the year

next action i will look to sell half unit of this stock to get my capital back. leave the rest to see how their report will be

^{another stock loading}

So which bus should we enter next?

BullBearMkt:

...and for your information, I bought Afroil at 0.80K and sold it N2+, even relying on my broker's advise then

Gents and Ladies, let me state categorically that I am on this forum to share my little knowledge and also learn from intelligent posts as well; I will gain nothing wasting my valuable time to antagonise anyone's opinion...

Thank you...

Very few I must say I respect their post when they contribute on this forum and humbly say you are one....

Keep it up bro!

Coolcash1:


Very few I must say I respect their post when they contribute on this forum and humbly say you are one....

Keep it up bro!

...cheers!!!

Please anyone with genuine Contact of Morgan capital, the mail address on there site failed to deliver mail and the calls was only answered by. Machine

Mpeace:
this is one stock that hardly disappoints in terms of dividend.

payment date e.t.c ? .

emmanuelewumi:
The profit is from tax credit, outstanding debt is in the neighbourhood of N200 billion

Keep saying that . The door is open this week and next .

rebekah2011:


I do not know much about this market but Oando is a dying company. The signs are there for all to see. That the price has been rising since December is the more reason why people should be very careful. Making money in this market is sheer guts and sometimes luck. Mobil and NIPCO for instance.

Thank's . dont buy .

AM giving out free money to you!!!
100,000 kringles worth of over 2million euro in less than 12months?
To your pocket free!!!
grab it now
get my whatsapp from my profile now to get it.

Dumexoga:
The way so many people are crying more than the bereaved here,honestly I don't get it. We all are here to make money and not to discourage those with guts from doing wht they think works for them . I know how much people have made from oando since three days and people are here crying . If you did not buy oando ,pls allow those that bought to enjoy their loots. Nobody is dying inside oando ,we are all jumping in and out and making money. Business is all about risk,its either you win or you loose. So stop bad mouthing oando and allow those that are making money to enjoy their money . Even the stocks that gave dividend has not given anyone so much profit like oando has given since on Monay. Am outta here ,back to my spectator mood

One love . people are looking for dividend below #0.50 in a month and, why they can make #0.90 from oando in three days .

Chibuking81:

Ask me this next month by this date.

People can argue back and forth for all time, the truth remains that if you are trading on a company you don't know its fundamentals, you're gambling.

Armed with its fundamentals, anyone knows Oando is in serious trouble. Even their auditors have stated that in as formal a way as possible; he who has ears, let them hear.

Oando borrowed lots of money in order to buy ConocoPhillips upstream Nigerian assets at a time when price of crude oil was high and, I believe, based on valuations using high crude prices. That's the origin of the mess. Who knows, someone can turn this mess to a message.

But don't count on crude prices, because they may never rise that high again.

In the last analysis, you're the master of your portfolio.

Disc.:- Yours truly burnt some fingers here(from #30+ to less than #10).

@BullBearMkt

bro pls help me TOTAL analysis .


Which of this stock has higher potentials TOTAL AND FO ??

Tritri:
@BullBearMkt

bro pls help me TOTAL analysis .


Which of this stock has higher potentials TOTAL AND FO ??

Sir Tritri,
Q1: TOTAL analysis
Total is in downtrending and has made a recent support @ 259...

Q2: Which of this stock has higher potentials TOTAL AND FO
This question is looking for value among the 2 stocks. I am not a value trader... I look for growth. Fundamentals will tell you a more valuable stock among the 2.

Intelligent post from @OakPearl...

OakPearl:


I can understand the fury over this and the disappointment.
But let's understand the difference between technical and fundamental analysis and use them to our advantage.
I have read many years back how Warren Buffet warned against making these mistakes.
Technical analysis works for day traders to make short term investment decisions on a stock. They don't need too much information on the book value and all of those details of a company before trading in them.
Conversely, fundamental analysis works better for value investors who are generally known as long term investors.
If you are a long term investor, why worry over the daily movement of the share price of a company you have researched well and invested long term in?
Daily gains and losses are all a part and parcel of a functional stock market.
Do not use fundamental analysis alone to decide on what stock to do day trading (what we refer to as jijo here).
It will back fire!
Same way you should not take a long term investment decision using technical analysis.
In the end, for fundamental analysts we all know that what ever goes down must come up as far as all the right fundamental boxes are ticked including corporate governance.
Remember, you are the master of your portfolio.

BullBearMkt:


Nice one...
...but Warren Buffet talked, because he is Warren Buffet. He can afford to loose 1b USD & he'll not feel it. Last year alone, he lost over 4B USD on a wrong investment but same year on an investment, he made over 20b USD only on BAC. How many of us can afford to loose 10m NGN & the people around us will not know.

As you said, Fundamental is for long-term investment, however, to know the right time to enter the market, technical analysis can aid you. Technical Analysis is not only for JIJO. It is for ALL. You can use it for Day trading (JIJO), Swing Trading. For you to use it for long-term investment, that is where you add fundamental with it. It is a tool used for growth stocks.

Love your comments sir/ma.

http://www.vanguardngr.com/2017/04/dangote-sugar-flour-total-revenue-84-8-n275-5bn/

Dangote Sugar, Flour total revenue up 84.8 % to N275.5bn ON APRIL 6, 2017 2:58
NEWSCOMMENTS By Peter Egwuatu

Dangote Flour Mills Plc and Dangote Sugar Refinery Plc have recorded total revenue of N275 billion in the financial year ended December 31, 2016, representing an increase of 84.8 per cent from N275. 5 billion of the corresponding period of 2015.

The two Dangote companies also recorded a Profit Before Tax, PBT of N35.6 billion in 2016, representing a growth of 44.1 per cent from N24.7 billion recorded in 2015. The Profit After Tax surged by 124 per cent to N24.96 billion from N11.14 billion in 2015.

Meanwhile, analysis of the individual company show that Dangote Flour posted a revenue of N105.8 billion from N48.027 billion in 2015, while Dangote Sugar posted a revenue of N169.7 billion, representing a growth of 68 per cent from N101.06 billion in 2015.

The PBT of Dangote Flour rose to N16.036 billion in 2016 from N8.577 billion in 2015, while Dangote Sugar recorded 19.61 billion, representing a growth of 21 per cent from N16.16 billion in 2015.

The PAT of Dangote Flour stood at N10.56 billion in 2016, from a loss of 12.7 billion in 2015, while that of Dangote Sugar recorded N14.4 billion in 2016, from N11.14 billion in 2015.

Dangote Flour is proposing a dividend of 60 kobo per share for the financial year 2016 as against 50 kobo per share in 2015.

Commenting on the result, the Acting Managing Director of Dangote Flour, Mr. Abdullahi Sule, said: “We are very pleased with the results for the period under review, our revenue grew by 68 per cent and improve sales volume compared to 2015 despite the current macro-economic challenges.”

Continuing he said “Our focus in the current year and for the future remains leveraging our strengths to maximize every opportunity to generate sales, increase our market share and create sustainable value for our stakeholders. Concerted efforts are being made towards the actualization of our BIPs plan.

The implementation strategy has changed and the full focus is now on the expansion of the Savannah S

Read more at: http://www.vanguardngr.com/2017/04/dangote-sugar-flour-total-revenue-84-8-n275-5bn/

To Newbies on this FORUM, please be very very careful. The moment you start seeing members of OLD showing face at the mention of some particular stocks, just know that it is a RED FLAG.

I have been on this thread for 7yrs+ and the likes of Dumexoga and emmanuelewumi are veterans with opposing views. The former is 90% of the time spilling info related to BULLISH run on most stocks especially OANDO (he told us his investment runs into MILLIONS) while the latter was fond of being too CAUTIOUS and a proponent of long term investment (not a fan of JIJO).

In Summary, look before you leap. Don't take any comment serious. Take the RISK and own the outcome (+ve/-ve).
Forget technical analysis and rely more of trend (personal analysis, historical data etal) and insider info (u can't get that on this blog). Finally, STOCK TRADING in Nigeria is advanced KALOKALO

phemmie06:
Please anyone with genuine Contact of Morgan capital, the mail address on there site failed to deliver mail and the calls was only answered by. Machine

Teniolak@morgancapitalgroup.com

oluchie@morgancapitalgroup.com

customercare@morgancapitalgroup.com

Infinitisi:


Teniolak@morgancapitalgroup.com

oluchie@morgancapitalgroup.com

customercare@morgancapitalgroup.com

Oluchi work faster

Chibuking81:
http://www.vanguardngr.com/2017/04/dangote-sugar-flour-total-revenue-84-8-n275-5bn/



Dangote Flour is proposing a dividend of 60 kobo per share for the financial year 2016 as against 50 kobo per share in 2015.


Read more at: http://www.vanguardngr.com/2017/04/dangote-sugar-flour-total-revenue-84-8-n275-5bn/

Dangote flour Dividend

currentprice:


Dangote flour Dividend

Did they actually propose any 50k dividend in 2015? how come i never received mine then?

feelaaG:


Did they actually propose any 50k dividend in 2015? how come i never received mine then?

Complicated, is like they are referring to Dangote sugar.

Aks:
To Newbies on this FORUM, please be very very careful. The moment you start seeing members of OLD showing face at the mention of some particular stocks, just know that it is a RED FLAG.

I have been on this thread for 7yrs+ and the likes of Dumexoga and emmanuelewumi are veterans with opposing views. The former is 90% of the time spilling info related to BULLISH run on most stocks especially OANDO (he told us his investment runs into MILLIONS) while the latter was fond of being too CAUTIOUS and a proponent of long term investment (not a fan of JIJO).

In Summary, look before you leap. Don't take any comment serious. Take the RISK and own the outcome (+ve/-ve).
Forget technical analysis and rely more of trend (personal analysis, historical data etal) and insider info (u can't get that on this blog). Finally, STOCK TRADING in Nigeria is advanced KALOKALO

And where have you been?

Hello everyone,

Kindly share your thoughts on UCAP.

I recommend a buy at the current price (2.93)

with 3.67 (and then maybe 3.82) as target profit

level.

Reasons for buying:

1. Demand channel breakout to the upside on daily time frame.

2. Gap waiting to be covered in confluence with the 61.6% Fibonacci level.

3. Price failed to make a new low on the last sell off thus forming a higher low.

I expect the target profit level to be hit anytime between April 17 until the end of the month.

Enjoy your day people.

holm:


And where have you been?

On ground and i follow the blog silently but not active in NSE again cos of heavy LOSS suffered last year.

I still trade 1ce in a while. Few days ago, i staked (big RISK) some quid on FO and it is making sense

Intendy:
stock with new 52 week lows

ETI #8.05k
stocks with new 52 week highs
MOBIL #347.28k
air services #3.91k

New lows begat new lows. ETI cracking lower

Infinitisi:

Teniolak@morgancapitalgroup.com
oluchie@morgancapitalgroup.com
customercare@morgancapitalgroup.com

Thanks

INFINITY TRUST MORTGAGE BANK PLC Closure of Register for Year Ended 31 December 2016

Proposed Dividend 3 Kobo per share

Proposed Bonus Nil

Closure Date 28th April 2017

AGM Date 8th May 2017

Payment Date 10th May 2017

AGM Venue Barcelona Hotels, 23, Blantyre Street, Wuse 2, Abuja, Nigeria