₦airaland Forum

fxuser:
sell the resistance
buy the support

#KISS

Funny thing is when UCAP kept rebounding after hitting 2.9+, i always wanted to sell. But that unknown variable (q1 2017) was always drumming it in me to hold on. I thought we would see another q1 2016 and blast past N3 forgetting that everyday is not christmas, even on the stock market

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What is 'Support (Support Level)'
Support or support level refers to the price level below which, historically, a stock has had difficulty falling. It is the level at which buyers tend to enter the stock.

If the price of a stock falls toward a support level, it is a test for the stock: the support is either confirmed or eradicated. Confirmation occurs as buyers move into the stock, causing it to rise. If the price moves past the support level, it means the support level failed, and the market is looking for a new level.


Read more: Support (Support Level) http://www.investopedia.com/terms/s/support.asp#ixzz4eh8V24Dy
#copied

duni04:
Funny thing is when UCAP kept rebounding after hitting 2.9+, i always wanted to sell. But that unknown variable (q1 2017) was always drumming it in me to hold on. I thought we would see another q1 2016 and blast past N3 forgetting that everyday is not christmas, even on the stock market

resistance levels are very powerful ! same with support levels
we are people with common habits in familiar situations esp recent ones

Further reading on Support and Resistance Levels

Link
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistance

Read time:
Under 7mins

SECURITY LENDING AND SHORT SELLING SESSION ON GOING ON THE FLOOR


Dear All, You are hereby invited to a session on Securities Lending and Short selling. The objective is to ensure all dealing members of the Nigerian Stock Exchange (NSE) gain insight and have better understanding of Securities Lending and Short selling and the regulations/guidelines governing their participation as well as the operational procedures. The details of the session are as follows : Venue: Event Centre (20th Floor) The Nigerian Stock Exchange 2/4 Customs Street Marina Lagos Date: Wednesday, April 19, 2017 Time: 12:00 p.m. - 2:00 p.m. Agenda 1)Securities Lending and Short Selling Guidelines by NSE 2)Securities Lending Process (SLB Platform) by CSCS 3)Securities Lending Product Offering by Securities Lending Agents 4)Q & A Dealing members are advised to review the Securities Lending and Short Selling Rules in the NSE Rule book ahead of this session. Your attendance will be highly appreciated and we look forward to a fruitful discussion towards the growth of the product and our market.

duni04:
Funny thing is when UCAP kept rebounding after hitting 2.9+, i always wanted to sell. But that unknown variable (q1 2017) was always drumming it in me to hold on. I thought we would see another q1 2016 and blast past N3 forgetting that everyday is not christmas, even on the stock market

What happened to UCAP last year may be what will see DANGFLOUR through later this year.
Last year UCAP sold an insurance stake, this year, a few days ago dangote divorced 'FAKE INDOMIE' for a settlement...

fxuser:
nop , still cooking

FBNH: for how long them go cook sef, Q1 done dey comot for other companies already,

the higher the price, the lower the yield eventually (15K) .

you cant eat your cake and have it, . time to choose one.

K

duni04:
UCAP anticlimax. We were all waiting for q1 to break the N3 resistance. Jumped out like a true cowboy without a scratch thanks to the bros that posted the Q1

WHAT JUST HAPPENED?

Like magic

kentoto:
FBNH: for how long them go cook sef, Q1 done dey comot for other companies already,

the higher the price, the lower the yield eventually (15K) .

you cant eat your cake and have it, . time to choose one.

K

kentoto:
FBNH: for how long them go cook sef, Q1 done dey comot for other companies already,

the higher the price, the lower the yield eventually (15K) .

you cant eat your cake and have it, . time to choose one.

K

Na yield we go chop? Abeg allow the Elephant reach N10 before result show!

fxuser:
Ucap
- on full offer ! umm

Nice recovery by the stock...The shares is actually a good one...I Was tempted to jump out of the bus but had to change my mind....

locodemy:
No no no.i never get single unit there but telling you the fact which i am also telling you @fcmb.
Dont you like to hear the truith?

What you told at FCMB didn't come out well.
Easy bro.
You have started making submissions again after some brief hiatus.

9free:
Na yield we go chop? Abeg allow the Elephant reach N10 before result show!

For some investors/traders, na yield oh. i have a feeling the will drop the result on Friday after market hours

k

kentoto:
For some investors/traders, na yield oh.

k

Some investor want to hold it for 3-5yrs...i have fbnh almost 1yr and half might sale little after result. then buy after markdown.

Just hope those diamond bidders know what they're buying into, especially as the result will soon be out

kentoto:
For some investors/traders, na yield oh. i have a feeling the will drop the result on Friday after market hours

k

Likely 26th

sky2891:
Likely 26th

am thinking this friday,

28th too far now..

fxuser:
Transcorp
- 80kobo test has begun , how it closes this week is important to d test

Next test 90kobo

Anyone with current bid/offer on ucap

Dear Market Participants, Please be informed that the final dividend payment of FCWAMCO Plc will be due on May 18, 2017. Consequently the register of members will be closed at the close of business on Wednesday 10th of May 2017.
Dividend declared #7.70k
Please be guided accordingly Thanks

OBAGADAFFI:
Wow
I never knew I got some unclaimed dividends​ till I searched the link. Thanks

So as your name is there, what's the next thing to do ? .

DeRuggedProf:
What happened to UCAP last year may be what will see DANGFLOUR through later this year.
Last year UCAP sold an insurance stake, this year, a few days ago dangote divorced 'FAKE INDOMIE' for a settlement...

Well we all know Dangote is a shrewd business man. However, I take it that you're assuming he sold at a profit. The financial terms have been kept under wraps for a reason.
The only aspect of the deal that surprised me, is that, Dufil agreed to operate and produce from Dangote Noodles facilities for two years using the same "Dangote noodles" brand Retaining the brand name is the red flag o
I won't be surprised if he sold at a loss but plans a reverse takeover after 2 years. He needs the "Indomie" secret badly. He obviously wants to sustain (more like improve) the brand name for a reason. The bolded just doesn't make sense to me. Anyway, just thinking aloud. Na from stock market I fit benefit from any fallout of this deal.

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 3rd May 2017

AGM Date 18th May 2017

Payment Date 23rd May 2017

AGM Venue Infinity House, 11 Kaura Street, off Faskari Crescent, Area 3, Garki, Abuja

This information supersedes the information sent on 6 April 2016.

CONSOLIDATED HALLMARK INSURANCE PLC Closure of Register for Year Ended 31 December 2016

Proposed Dividend 2 Kobo per share

Proposed Bonus Nil

Closure Date 2nd -5th May 2017

AGM Date 11th May 2017

Payment Date 11th May 2017

AGM Venue MUSON Centre, Onikan, Lagos

ihedioramma:
So as your name is there, what's the next thing to do ? .

Contact the registrar.

FBNH to close on full bid of over 9.5M shares begging to buy...

Mop up the D--nm thing

I

Mop up the D--nm thing