₦airaland Forum

fxuser:
Please feel free always to ask ! All those jargons we write will make sense very quickly ! .

cheers

So how and where do you suggest I start from??

Transcorp
- RSI breaking higher, >60 (signal positive sentiment)
- Macd above signal line since 07 March (buy sig)
- Macd about to cross Zero Line ( more +ve sentiment)
- likely to retest 80kobo exam again ! (was rejected here before)
- all the above just signal a short term possibility of a bounce , not a trend change ! (so if u enter , u grab and go and obey your stop loss)

Note:
SP is below 200 dma (long term bearish)

KingsJohnson:
So how and where do you suggest I start from??

For TA
There are some recommended books , sites and Audio on this thread .

Else any term you need clarification: (macd , rsi , Bollinger , Price action , support , trend , resistance , blah blah )

Check
1) www.investopedia.com
2) http://stockcharts.com/school/
3) Google , youtube

[quote author=fxuser post=55533811][/quote]Free valuable stuff here :

http://www.newtraderu.com/library/

Kept Simple

Was able to get fcmb at 1.01 ,..Hope i wount regret

Tritri:
Was able to get fcmb at 1.01 ,..Hope i wount regret

After tired of waiting at N3 bus stop had to jump in at N3.10..Hope their result vindicates me. If not cut my loss to 4% by jumping out.

Willie2015:
Different Registrar with different procedure. GTB Registrar requested that I should process a transfer form , Morgan Capital sent a copy to my e-mail.

I print same and sign as the transferee and mail it back to Morgan Capital for them to liase and handle with the Registrar.

Was it approved after this procedures?

meritrade fidelity bid/offer - 53M/47M
Morgan fidelity bid/offer - 57M/60M

God knows how many people are making fatal buy/sell decisions based on those incompetent ***** at Morgan Capital

Coolcash1:
After tired of waiting at N3 bus stop had to jump in at N3.10..Hope their result vindicates me. If not cut my loss to 4% by jumping out.

Bus left N3.00 , even 3.10 is overcrowded with hunters !

binaflexia:
Was it approved after this procedures?

Yes sir

Tritri:
Was able to get fcmb at 1.01 ,..Hope i wount regret

I got some at 1.01 too...lets wait and enjoy the ride....

Willie2015:
Yes sir

Thank you sir

Willie2015:
I got some at 1.01 too...lets wait and enjoy the ride....

30m plus traded on top full offer !
D support is in ghost mode

fxuser:
30m plus traded on top full offer !
D support is in ghost mode

- Consider STOCK BLOGGING.

- You will be a hit back to back.

- That is ur natural calling.

FBNH
- somehow closed at 3.20 !
- results will now come out later today or Tuesday !

fxuser:
FBNH
- somehow closed at 3.20 !
- results will now come out later today or Tuesday !

10 kobo rolling in and massive dumping starts again !!

Fidelity
- probably almost half a billion units traded this week ! a sure record week in a long while
- all the support will be needed at 88 kobo opening on Tuesday !

duni04:
meritrade fidelity bid/offer - 53M/47M
Morgan fidelity bid/offer - 57M/60M

God knows how many people are making fatal buy/sell decisions based on those incompetent ***** at Morgan Capital

My broda, I made one yesterday. Saw 5.40 as the highest offer and 5.33 as the highest bid for Oando. The moment I put in my offer at the highest offer ie 5.40, the thing just went through and only then did I realise that someppl sold at 5.46(which was infact the highest offer at the time) just before my offer. Morgan cannot fit kee me.

fxuser:
Fidelity
- probably almost half a billion units traded this week ! a sure record week in a long while
- all the support will be needed at 88 kobo opening on Tuesday !

Julius Berger really need to be deployed over the long break.

DeRuggedProf:

- Consider STOCK BLOGGING.
- You will be a hit back to back.
- That is ur natural calling.

Anything u say oga !
May the bears find peace and the bulls find strength dis long hols lol
We look forward to Tuesday

DeRuggedProf:

Julius Berger really need to be deployed over the long break.

stock with new 52 week lows
FO #44.00k
stocks with new 52 week highs
C & I #0.64k
stanbic Ibtc #18.76k

locodemy:
I saw it coming but never put interest on the stock..........

President/CEO Transcorp Plc, Emmanuel Nnorom, Chairman, Transcorp Plc, Tony O.
Elumelu and Transcorp Plc. Group Company Secretary, Helen Iwuchukwu at the Annual
General Meeting of Transnational Corporation of Nigeria, held in Lagos
Transnational Corporation of Nigeria, Plc (Transcorp) has pledged to enhance
shareholders value on investment through robust dividend pay-out in the years
ahead.The assurance came as group recorded huge loss before tax of -N1.13 billion due
to dollar acquisition finance facility, which made it commend the Central Bank of
Nigeria, (CBN), on the recent dollar liberalisation that has helped eased pressure on the
foreign exchange (forex) market.
The Chairman of Transcorp, Tony Elumelu, addressing shareholders during the 2016
yearly general meeting in Lagos, said the company is well positioned to meet its
medium to long term strategic business targets. This is due to the recent dollar
liberalisation policy, which is already yielding results by helping the company to meet
its forex obligations.
“When we took over transcorp that was the first time we paid dividend, and we will
continue to pay dividend and do bonus issue to shareholders, and we will not do less.
We are impressed with what government is doing presently.
“We hope that the fund they just approved would help to improve our liquidity. The
foreign exchange policy of the government now is very good, and it is even helping us
already because we are able to meet our foreign exchange obligations.
“It is highly commendable; we commend the central bank governor and the federal
government. Indeed, the future is looking bright. Our shareholders this year will go
home smiling,” Elumelu added.
Reviewing it 2016 performance, he said despite the top line growth of 46 per cent to
N59.43 billion, the forex losses of N18.48 billion for Transcorp Power in respect of its
dollar acquisition finance facility affected the bottom line.
According to him, the group realised loss before tax of -N1.13 billion against N2.03
billion profit in 2015, due to the forex losses, but he assured of prospect of paying
dividend to the shareholders within the 2017/2018 financial year.
Also speaking at the meeting, the President/Chief Executive Officer, Transcorp Plc,
Emmanuel Nnorom, said: “We believe that this year things are turning more positive
for most of the businesses and like I mentioned, our first quarter result is coming out
good. We expect that the rest of the year will be good.
“The factors that affected us last year, was majorly the foreign exchange devaluation
that made us experience losses of about N18.7 billion appears to be now something
under control as FX is now more readily available, and we expect that the current steps
now being taken by the CBN will turn out positively for everyone in the economy.”
Nnorom said the firm’s ongoing projects in some of its subsidiaries; particularly the
hotel and power sectors would help in driving its financial performance in the near
term.
“For the power business, we have 620MW of installed capacity now, and two more
turbines are coming up that will bring it to 850MW by the end of this year. “So, there
are many positive developments all around us, and I can assure shareholders that the
result of this year will look very positive for us. Our plan for our subsidiaries is
continuous improvement. For the hotels, we are doing the upgrade of the rooms. We
want to complete that before October this year,” he added.

The problem with Transcorp is all about separating the profitable part of it without the shareholders have some share in the new separated company.
For instance,
1. Transcorp hotel was one of the branches of transcorp, and was the most profitable part, but when it was separated, the shareholders of transcorp has no share in the transhotel.
2. The oil sector use to be another branch, late last year the CEO was talking about making it a sector of its own, from his above statement he made no mention on oil sector, meaning that it has been moved out from transcorp.
Who is fooling who?. If all the sector remain as one, by now transcorp will be at about #10 or more.

Chibuking81:
The problem with Transcorp is all about separating the profitable part of it without the shareholders have some share in the new separated company.
For instance,
1. Transcorp hotel was one of the branches of transcorp, and was the most profitable part, but when it was separated, the shareholders of transcorp has no share in the transhotel.
2. The oil sector use to be another branch, late last year the CEO was talking about making it a sector of its own, from his above statement he made no mention on oil sector, meaning that it has been moved out from transcorp.
Who is fooling who?. If all the sector remain as one, by now transcorp will be at about #10 or more.

very true.

OakPearl:
The reading public will be better served if you align your assertion in proper perspective sir.

It will interest you to know that contrary to your opinion, most people bought Fidelity between February and early April at between 0.76k - 0.90k. That's hardly 365 days of "waiting" for 14kobo dividend! Meaning they could still take the dividend and be comfortable with mark down price pending Q1 rally.
Warren Buffet the sage taught me many years back saying "Like the Lord, the market helps those who help themselves; but unlike the Lord, it does not forgive those who know not what they are doing"...end of quote.
I beg to quote myself now "Those who know what they are doing don't necessarily come out shouting about it. They keep working silently, while their results do the shouting
DISCLOSURE: I am a Fidelity beneficiary by the way.

I dont understand you any more my brother . One of your leg look like 4110 man, are you not beneficiary of FCMB any more ?

Tritri:
Was able to get fcmb at 1.01 ,..Hope i wount regret

What of the one you get befor ?

Willie2015:
10 kobo rolling in and massive dumping starts again !!

Back to sender .

ihedioramma:
Back to sander .

back to sender but very possible.

ihedioramma:
What of the one you get befor ?

had to average down ..i hope it doest fall below 0.90 next week...anything is possible..but ihedioramma why didnt u sale at 1.30..dat was a mistake.

ihedioramma:
I dont understand you any more my brother . One of your leg look like 4110 man, are you not beneficiary of FCMB any more ?

kikikikikiki...
This man, u can be funny though.
For the records, I have never made a statement about buying FCMB anywhere. Check the archives.
I started buying shares only 19years ago. I have since developed the temperament of an assured investor. No need for the drama.
I have been adding to the little bit of knowledge I already have whenever I am on this forum. And for that, I am grateful.
Have a happy easter anyway.