Coolcash1:


I have said it before that the country risk is too high and disincentive to investment. A little threat from ND avengers is enough to truncate the bull ride..This should be a concern for anybody planning to hold stocks for long term in the midst of heightened uncertainties everywhere...Yours truly is watching the situation keenly as might have to pull out from the market for safety.

currentprice:


i never notice this company before but based on oga wanajo coment i just check to know it fairprice

wow..... N32 base on this Q3 for a stock of N3.10k

this is my kind of stock truly it unfortunate owner wouldn't sell

722m outstanding

wanaj0:


Army robber

Something is cooking in that company. Only issue is that the company is illiquid. When you go supermarkets and see how many of their milks and diary products are there you know that they are up to something.

The strategic partnership and investment was a master stroke

emmanuelewumi:



But it is an Indian company.

emmanuelewumi:



But it is an Indian company.

wanaj0:


This one na to remind government that settlement money is due. Nothing to worry about.

Nigeria will likely add another 150,000 bopd to our production with the arrival of Egina FPSO in a matter of months. There is enough tail wind. Just watch the oil price.

Coolcash1:


That is true. But the joy of the reserve addition and production growth does not outweigh the political tension in the country. As you are aware, foreign investors rank political risk high in their risk matrix before any other thing. I just hope the government will wake up to its responsibility of providing a safe and enabling environment for businesses to thrive and investments to grow...Although, this may be a herculean task for a president that has placed priority on nepotism, sectionalism and favoritism above national interest.

We are making more money this year...

Coolcash1:


That is true. But the joy of the reserve addition and production growth does not outweigh the political tension in the country. As you are aware, foreign investors rank political risk high in their risk matrix before any other thing. I just hope the government will wake up to its responsibility of providing a safe and enabling environment for businesses to thrive and investments to grow...Although, this may be a herculean task for a president that has placed priority on nepotism, sectionalism and favoritism above national interest.

We are making more money this year...

wanaj0:


My brother, the political risk is exaggerated! Foreign investors are more interested in sanctity of Contract and ability to repatriate their loot. Investors operate in war torn countries! They operate in very corrupt countries. Capitalists are only interested in MONEY. They are happy that there is no MPC because they know NOTHING is changing

The only thing that will drive them away is when your reserves start a free fall and they are not sure how they will carry their loot away. They don't invest with any EMOTION

sky2891:
FXUSER, BBM: Please, what does the chat say about Cardbury?

Toluway:
...especially our "foreign brothers"

You do well, onegentleguy that I know

well done

wanaj0:


This one na to remind government that settlement money is due. Nothing to worry about.

Nigeria will likely add another 150,000 bopd to our production with the arrival of Egina FPSO in a matter of months. There is enough tail wind. Just watch the oil price.

sky2891:
FXUSER, BBM:
Please, what does the chat say about Cardbury?

fxuser:
DangSugar
- close above N22 on d weekly is fresh breakout buy further confirma wud a higher opening on Mon
- further upside is ready
- new stop loss is N19 region
- holders shud sit very tight


#ChartStudy

Toluway:

Please House, having closed my portfolio as a stop-loss measure, really want the market to fully stabilise before I enter the train again, But alas, while this sidon look was just starting, my treacherous Damgote Sugar suddenly broke the resistance level which we have been waiting on for weeks, and even dare to go over #22 ! Dear friends, how I wouldn't like to miss this bus for anything, the way I missed gtb. But frankly, I'm
confused by the present radicalism of the stock and don't know what to do. If miss this bus what remains?
Please help me with your wealth of experience and wisdom. Pleeaasee. .....what should I do?

Toluway:

Please House, having closed my portfolio as a stop-loss measure, really want the market to fully stabilise before I enter the train again, But alas, while this sidon look was just starting, my treacherous Damgote Sugar suddenly broke the resistance level which we have been waiting on for weeks, and even dare to go over #22 ! Dear friends, how I wouldn't like to miss this bus for anything, the way I missed gtb. But frankly, I'm
confused by the present radicalism of the stock and don't know what to do. If miss this bus what remains?
Please help me with your wealth of experience and wisdom. Pleeaasee. .....what should I do?

fxuser:


Buy
Stop loss: N18.50 - N19
See hw it plays out

fxuser:


Cadbury umm

Daily: bearish (prev -ve div playing out)
Weekly: bearish (on its 2nd week of rest after testing 52 wk high)
Monthly: Neutral (long term consolidation is rounding up)
Trading above 200 ema (long term bullish in support of above)
BUY sig consideration is a close above its recent monthly high of N15.67


Other Observations:
- since breaking below N20 in Oct 2015 , its been consolidating for the last 2 years wt monthly RSI recently hitting a 3 yr high wh is good sign for a ''long term reversal'' .This may take days, weeks or months to manifest , big fund managers like this and will accumulate for long term
- price is also ard 2012 levels wt a similar pattern of RSI breaking into 3 yr highs and price broke out & kept making new yr highs till Dec 2013 wen wen it hit ard N100
- not a fan of the vol so hv not looked at this chart in ages , so many things i ''see '' but let me stop here before i complicate things further i beg.
Thank you so much

fxuser:


Buy
Stop loss: N18.50 - N19
See hw it plays out

wanaj0:


My brother, the political risk is exaggerated! Foreign investors are more interested in sanctity of Contract and ability to repatriate their loot. Investors operate in war torn countries! They operate in very corrupt countries. Capitalists are only interested in MONEY. They are happy that there is no MPC because they know NOTHING is changing

The only thing that will drive them away is when your reserves start a free fall and they are not sure how they will carry their loot away. They don't invest with any EMOTION

mendes911:


FX,

Oya give us stop loss for the following:

Skye Bank
Caverton
Diamond
FCMB

Also do remember that 1k rule is coming up and some stocks will zoom pass 50k and tend towards 1k.

Toluway:

Thank you my brother. I just sold at #19.
God have mercy

pluto09:


I can't understand why you sold in the first place.
Is it because of all the noise?
There is nothing to fear in the market as the recent pull back is normal and healthy for the system.
Just like oga Wanajo said, oil price is the most important thing in Nigeria, there is no economy policy anywhere.

DF still represents a good value at current price and there is room for more upward movement.
With DF and DS, you will do well if you follow the price of raw sugar and wheat at the international market.

gamaliel9:
pls huz, if i sold a stock that i have e-dividend mandate active on it n buy it again later. Will my e-dividend madate still active for it. kindly reply. thanks.


Please brothers and sisters answer this question o o

pluto09:


I can't understand why you sold in the first place.
Is it because of all the noise?
There is nothing to fear in the market as the recent pull back is normal and healthy for the system.
Just like oga Wanajo said, oil price is the most important thing in Nigeria, there is no economy policy anywhere.

DF still represents a good value at current price and there is room for more upward movement.
With DF and DS, you will do well if you follow the price of raw sugar and wheat at the international market.