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Nigerian Stock Exchange Market Pick Alerts - Investment (2232) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 3:26am On Apr 28, 2017
locodemy:
I have been honourably invited to the 4th AGM of fcmb group both in sms and email as a shareholder.
The meeting will hold tomorrow @shell hall, muson centre onikan by 11am.
pls who and who will be there or na only me remain for the bus?
Loco, am in this flight.. but have not recieve d sms or email invitation. Y?
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 5:13am On Apr 28, 2017
locodemy:
I have been honourably invited to the 4th AGM of fcmb group both in sms and email as a shareholder.
The meeting will hold tomorrow @shell hall, muson centre onikan by 11am.
pls who and who will be there or na only me remain for the bus?
...Wao! You really deserved FCMB AGM invitation. What a faithful shareholder. Hope there is a place for you on the high-table
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:58am On Apr 28, 2017
VERY, VERY HIGH RISK ENTRY INTO STOCKS

For everyone knowledge, there are some certain entries into trades that are classified as high-risk. The probability of winning is very low; maybe in 100 occurrences 30 of such will be successful while the other 70 will end up in a loss. One of such is called:

FALSE BREAKOUT/TURTLE SOUP
A false breakout occurs (using buy scenario) when stock price moves above previous swing high or previous resistance level but pullback immediately below the resistance. Mostly, it is to deceive people into believing bulls have finally taken over, caused them to buy the stock before it falls...

The chart below is a typical example of a false breakout. The black horizontal line is the established resistance and later in the month of October, price moved above it and brought many to buy the stock, but what happened later? Price pullback causing panic and invited lot of bears...

HOW TO TRADE A BREAKOUT
Breakout is good and many times provide exceptional profit, only if we are cautious and be patient.

1. One way to trade breakout is to see if the breakout is accompanied with high volume. If there is high volume, then the likelihood of the price to continue high is increased.
2. Another way is to wait for price to pullback to the value zone before entering the trade...
See chart 2


PLAN YOUR TRADE AND TRADE YOUR PLAN.
grin grin grin grin grin

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:03am On Apr 28, 2017
Mfunkynation:
Loco, am in this flight.. but have not recieve d sms or email invitation. Y?

Hope you have mandated everything about your shares to cardinal registrar.I got one invitation from fcmb group and the other thru the registrar.If you are really heavy @ fcmb,you should have hooked yourself to the company before now.

Today is our AGM.I will be temporary unavailable at this forum today.Will be there to see things with my eyes.
Re: Nigerian Stock Exchange Market Pick Alerts by austinkenneth: 8:12am On Apr 28, 2017
locodemy:


Hope you have mandated everything about your shares to cardinal registrar.I got one invitation from fcmb group and the other thru the registrar.If you are really heavy @ fcmb,you should have hooked yourself to the company before now.

Today is our AGM.I will be temporary unavailable at this forum today.Will be there to see things with my eyes.

Abeg represent us well.

Most importantly, try to have an aside with someone from their investor relations and get the person's contact.

One key issue is how they book their forex income and gains. Most of it were booked in Q3/Q4 in 2016 leading to a leap in profitability. These went on to reflect in FY2016. Such money is still being made but not yet booked in Q1 2017. Please find out how and when they booked it in 2016 and how and when they'll book it in 2017.

Am not in this bus though. If I were in it, Thats what I would be most concerned about.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 9:25am On Apr 28, 2017
locodemy:


Hope you have mandated everything about your shares to cardinal registrar.I got one invitation from fcmb group and the other thru the registrar.If you are really heavy @ fcmb,you should have hooked yourself to the company before now.

Today is our AGM.I will be temporary unavailable at this forum today.Will be there to see things with my eyes.
yes i mandated everything after u did urs n d registrar confirm it. but..... am not heavy as yu in d flight ooooo
Re: Nigerian Stock Exchange Market Pick Alerts by Stockbiz: 10:12am On Apr 28, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 10:13am On Apr 28, 2017
Dabbyjosh:
looking for the place to invest??
look no more!!
am a man of few words...... join and invest today in eagletrend.net
and thank me later....

you are lucky Loco is not here today
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:18am On Apr 28, 2017
Pls i dont know if i have seen zenith q1.is it out?
Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 10:20am On Apr 28, 2017

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:29am On Apr 28, 2017
locodemy:


Hope you have mandated everything about your shares to cardinal registrar.I got one invitation from fcmb group and the other thru the registrar.If you are really heavy @ fcmb,you should have hooked yourself to the company before now.

Today is our AGM. I will be temporary unavailable at this forum today.Will be there to see things with my eyes.

loco want to strategically supply his fcmb before anybody else. grin

who go buy? i no know grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by ZikkyChops(m): 10:30am On Apr 28, 2017
nio68:


you are lucky Loco is not here today
How many hour does he take to make payment
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:45am On Apr 28, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 11:04am On Apr 28, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Horus(m): 11:05am On Apr 28, 2017

https://www.youtube.com/watch?v=YiLnkASUmE8

Nigerian stock exchange activity rises after government weakens currency

Barely 48 hours after the Central bank of Nigeria introduced the new forex window for foreign investors to trade, market activity at the Nigeria stock exchange is up. Stocks rose by 28 basis points Tuesday. The apex bank says it would allow investors to trade the naira at rates determined by the market, a move the regulator hopes will increase the amount of dollars available.
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 11:08am On Apr 28, 2017
PETERiCHY:


For those that don't know history this was exactly what FCMB market makers did in 2014,

They held the Stock @#4:00 for more than 2months to suck in more gullible investors by the time they were done it drastically lost half of it value.

"A WORD IS A ENOUGH FOR THE WISE"

*ThE OcToPuS*

Made the above statement in 1st week of February when FCMB was still trading above #1:30k.

Who doesn't know Wale and Ladi are high-end crooks and birds of same feather.

FCMB now on full offer @96kobo and they've left their stubborn investors in penury.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 11:13am On Apr 28, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 11:15am On Apr 28, 2017
ogoo4real:


Is the result good or bad please let's know.

Just fair....Impairment charge for non-performing loan rose by over 300% q-on-q
Re: Nigerian Stock Exchange Market Pick Alerts by Horus(m): 11:16am On Apr 28, 2017

https://www.youtube.com/watch?v=dh2gLKc_Sv8

Nigeria weakens currency further, yet to attract investors

Nigeria has weakened its currency, the naira for investors but it may still struggle to attract dollars. Analysts say that the country must scrap its system of multiple exchange rates to reap from devaluation. Nigeria's Central Bank said on Monday it would allow investors to trade the naira at rates determined by the market in a move intended to improve the supply of dollars. But, it seems that only introduced yet another exchange rate. Nigeria already had five rates: the official rate, the black market rate, a rate for Muslim pilgrims going to Saudi Arabia, a retail rate set by licensed exchange bureaus and a rate for foreign school fees.
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 11:48am On Apr 28, 2017
austinkenneth:


Abeg represent us well.

Most importantly, try to have an aside with someone from their investor relations and get the person's contact.

One key issue is how they book their forex income and gains. Most of it were booked in Q3/Q4 in 2016 leading to a leap in profitability. These went on to reflect in FY2016. Such money is still being made but not yet booked in Q1 2017. Please find out how and when they booked it in 2016 and how and when they'll book it in 2017.

Am not in this bus though. If I were in it, Thats what I would be most concerned about.

The huge forex gain they booked last year was made possible by the official devaluation of the naira.
That kind of profit is not sustainable since it doesn't come from their core banking operations.
Prior to the release of fcmb q1 result, I made a reference to this particular issue where I tried to alert our people that the result might be disappointing since most of their profit in 2016 came from forex gain.
As long as there is no official devaluation of the naira this year again, bank like fcmb will find it difficult to make the kind of profit they reported last year

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:55am On Apr 28, 2017
pluto09:


The huge forex gain they booked last year was made possible by the official devaluation of the naira.
That kind of profit is not sustainable since it doesn't come from their core banking operations.
Prior to the release of fcmb q1 result, I made a reference to this particular issue where I tried to alert our people that the result might be disappointing since most of their profit in 2016 came from forex gain.
As long as there is no official devaluation of the naira this year again, bank like fcmb will find it difficult to make the kind of profit they reported last year



Bros the bear today no be small..Not only fcmb....
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 12:00pm On Apr 28, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 12:01pm On Apr 28, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 12:05pm On Apr 28, 2017
locodemy:
I have been honourably invited to the 4th AGM of fcmb group both in sms and email as a shareholder.
The meeting will hold tomorrow @shell hall, muson centre onikan by 11am.
pls who and who will be there or na only me remain for the bus?
grin
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 12:07pm On Apr 28, 2017
Tritri:



Bros the bear today no be small..Not only fcmb....

Investment in stocks is not only about what happens with prices everyday in the market. I am more concerned with what is happening in the companies that I have invested my money than the bear/bull tussles on the floor.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 12:11pm On Apr 28, 2017
OBAGADAFFI:


Who are the we

Are you part of the Bisi Onasanya team.
How can you ask this and what do you want me to tell you ? are you JJC?
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 12:18pm On Apr 28, 2017
leparj:
Ok. Thanks Sir. Reading the comments here, it's like 20k dividend was declared. That fell short of my expectations(25k-30k) but I would manage it. FBNH has bn passing tru tough times. D Elephant will surely bounce back.
leparj:
Ok. Thanks Sir. Reading the comments here, it's like 20k dividend was declared. That fell short of my expectations(25k-30k) but I would manage it. FBNH has bn passing tru tough times. D Elephant will surely bounce back.
which year? Thats what i ve been hearing since five years now. Is it when am in d grave they will bounce back? D fact is coperate nigeria has missed d sincere, thorough and excellent leardership skills of d likes of odjekigbe, odumegwu and adenirokun. The next generation are fucktards and retards.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by holm: 12:28pm On Apr 28, 2017
Ladies and Gentlemen,

I present to you Stanbic IBTC. grin grin grin

Another year high is being put together as we speak.

Oga Currentprice, why you no hint your boy on this now.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 12:33pm On Apr 28, 2017
Hello sir Intendy, please FBNH payment date e.t.c sir .
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:36pm On Apr 28, 2017
PETERiCHY:
This month end will usher in the SELL IN MAY AND GO AWAY BEAR.

If you ain't trading with your LONG-TERM SPARE FUND better run as far as your legs can carry you from NSE.

Like i said earlier in the year MONEY MARKET, USD & GOLD are SURE BET for this 2017 being the year of the year of the ECLIPSE while 2018 will usher in a NEW DAWN.

*ThE OcToPuS*

FCMB
OFFER=16million
BID=ZERO.

No more TA & SA.the reality is done on us so everywhere is now as quiet as graveyard.

Honestly if I'm LOCO at that AGM meeting I will make sure i aim LADI's head with a broken bottle atleast that might serve as deterrent from playing with shareholders funds. Imagine paying 10kobo dividend and indirectly taking 50kobo from the same shareholders.

When the frustrated shareholders end up selling they will now use their MM to bid it up again and the circle goes on and on.

NSE is the biggest fraud of all time grin grin grin

*ThE OcToPuS*

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:38pm On Apr 28, 2017
...everyday Intendy always report new 52 week high/low maybe you weren't interested. And on April 18th, my humble self sent out a post titled "WONDERING IF IBTC SOARING WILL INTEREST YOU...", and you "jump and pass" this too...

grin grin grin grin grin

holm:
Ladies and Gentlemen,

I present to you Stanbic IBTC. grin grin grin

Another year high is being put together as we speak.

Oga Currentprice, why you no hint your boy on this now.

BullBearMkt:
WONDERING IF IBTC SOARING WILL INTEREST YOU...

-Daily and Weekly charts are bullish
-Presently looks overbought and close to resistance at 18.80
-Could be a good play if price pullback to value zone OR break above resistance (on high volume)...


Disclamer: This post is purely based on technical analysis and is the opinion of BullBearMkt. Due diligence should be carried out accordingly.


Hope you all had a wonderful Easter holidays...
grin grin grin grin grin

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