₦airaland Forum

Agbalowomeri:
Me I never learn reach to dey set price. Na date I dey set

If high price comes before your date nko and start to reverse as your date draws nearer.

mendes911:
LOL. I say make I calm down nerves small.

Lots of people seem anxious to see the result.

Sirs,

1. How can one train his eyes to spot a clear buying opportunity in a month when there is no general bull?

2. How do you calculate/estimate fair price of a stock? the formula (discounted cash flow method) I saw is so confusing.




CC: fxuser, currentprice & onegentleguy.


Is it possible to have a new thread or time out for newbies/oldmen cos I think some of our questions are so offtrack that the elders in the house ignore. Or refer us to the schools or books you use. I appreciate your help

onegentleguy:
...And then came the much expected revelation !!
'the revelation that leads the way to the sweet sound of the next melody in play'
the 2 renowned comfort zone where 'our foreign hot money brothers are on their way to feast'.
...for the shrewd ones will hasten to the call that shall sprout forth with plenty of joy.
the urgent call to immediately Flour ur Mill and join the 'United Army of Concentrated Nollywood'.
...'for the expected heavy activity on these 2 renowned men of honour shall surely gladen ur soul while the moon runs up it's circle'.
...for the days of many glory is truly not far away !!

Those who have ears should listen to the voice of reasoning now before that totally unexpected time of reckoning and heavy lamentation.


#THEFLOURMILLUACNPEOPLE
#THESPEEDZONE
#BELIEVE

NOTE: While this is a real revelation, it's never an absolute recommendation. ...DD always advised pls.

RabbiDoracle:
I want it to fall more so that I can add more.

People many for this bus o. If everyone (driver inclusive) jump down at the same time, which people go come enter the bus. Abeg invite the foreign hot money oo.

Our foreign hot money brothers are right there in the mix in the current uptrend of flour mills !!
...refer to the part in bold of the REVELATION above.
However, this is just the beginning of the journey !!
...for though there shall be some obstacles from the class of men with the itchy fingers to sell ealier than necessary, we shall continue to move forward in the short to mid term.

To those who hastened to the call of the REVELATION to Flour their Mills @ btw N29-30 and join the United Army of Complete Nollywood @ btw N15.6-15.8, my sincere advise is HOLD !!

#BELIEVEE
#ANDKEEPBELIEVING

onegentleguy:
Dont allow that to weigh u down my dear.
That trade decision to sell is done and dusted and therefore belongs to ur past now. ...and so u need to let the past live itself out.
But the good news is that there would always be opportunities in the market every now then then.
...so just seek them out and move on.

However, ur mind must always be prepared. ...for like I always say;
Opportunities don't come but once. ...they are always there. ...but only become visible to an already prepared mind.
So always have a ready made mindset, and u'll be just fine !!

Don't mind him. If by next week, FMN falls to 31, he will say thank God he sold.

Investors are yet to learn to balance greed and fear. They will keep making mistakes

tritritri:
Sold my flourmill at 36 , Don't knw if i made a mistake selling as am scared abt the 37 resistants..


Am i the only one making dis mistake ?


cc currentprice ,

Buy back tomorrow.
No shame in the market.
I sold Diamond bank at N1.50 sometime back. It started moving, I came back in at N1.97, rode to N2.50 and exited again.
As regards the market, I have refused to ever stay back and wish people bad luck by wishing the price to hit the rocks.
In these days of fuel scarcity, I join any healthy vehicle leaving the park.
For the fact that you wrote this down, I can assure you that YOUR MARKET MIND is signaling RE-ENTER.
it's better you listen now.

At the point of selling, you took the best decision available at that moment. That moment is now in the past.
What is the present telling you? Take a stand based on the present scenario.

Best of luck.

IchimokuPilot:
Buy back tomorrow.
No shame in the market.
I sold Diamond bank at N1.50 sometime back. It started moving, I came back in at N1.97, rode to N2.50 and exited again.
As regards the market, I have refused to ever stay back and wish people bad luck by wishing the price to hit the rocks.
In these days of fuel scarcity, I join any healthy vehicle leaving the park.
For the fact that you wrote this down, I can assure you that YOUR MARKET MIND is signaling RE-ENTER.
it's better you listen now.

At the point of selling, you took the best decision available at that moment. That moment is now in the past.
What is the present telling you? Take a stand based on the present scenario.

Best of luck.

Don't always advise this if you can't insure the person's money.

So that they will not hold your shokoto tomorrow.

onegentleguy:
...and a loud voice was heard from the remotest part of the earth !!
A 'voice with a strong reverberation like that of a thunder strike'
A 'voice which signals the call with the very sweet tune of the next melody in play'
A call for the multitudes of men to immediately gather for the press conference at that renowned university !!
...where the keynote address that sprouts forth with plenty of financial gains is expected to be given.
...and the shrewd ones who found their way therein were seen heralding with happiness and an overwhelming joy that knows no bounds.
For Victory became a sure portion for the son of men who hastened to the call. ...while those who chose to procrastinate were seen gnashing their teeth in lamentations !!

...and herein lies the next REVELATION with 'an absolutely certain bumper harvest'.
Those who have ears should as a matter of urgency hasten to the call now, or lement later.

Enough said.

NOTE: DD still always advised pls.

tritritri:
The profit is nothing to me...Missin out on a winning trade is more painful .. made less dan 17% am i here for that ?? going to av a sleepless nite regretting ..

you post always make me laugh when you ready to post. you've been on silent for some time now smiling at ur portfolio as price move up

why selling when you know 17% is not ur target, atleast some of the member here have a lengthy discussion on the stock weeks ago arrived at what thought to the the fair price

appears you don't sleep with your 2 eyes when you buy stock,,, it high time you look for someone to manage your portfolio if that will help your emotional trading

currentprice can do that for you for 10% charges.

chai! 10% of N400m gain no be moi moi o

currentprice:
you post always make me laugh when you ready to post. you've been on silent for some time now smiling at ur portfolio as price move up

why selling when you know 17% is not ur target, atleast some of the member here have a lengthy discussion on the stock weeks ago arrived at what thought to the the fair price

appears you don't sleep with your 2 eyes when you buy stock,,, it high time you look for someone to manage your portfolio if that will help your emotional trading

currentprice can do that for you for 10% charges.

chai! 10% of N400m gain no be moi moi o

Abeg Oga 333 I no mind 5%

investman:
Is honeyflour also a good buy? Or is there any issue with it?
Pls guys I need your opinion

cc coolcash

Yayira:
Lol yayira buy FBNH, sell with lose dey regret.. tritritri buy flour mill sell with profit still dey regret selling..

LIFE !

9free:
Chai.... Chai...... Why my village people allow me sell Japual @0.58, knowing that it will eventually hit N1.00 is what I don't understand.

I just use Flourmills dey console myself.

what of ur sky?

onegentleguy:
...and herein lies the next REVELATION with 'an absolutely certain bumper harvest'.
Those who have ears should as a matter of urgency hasten to the call now, or lement later.

Enough said.

NOTE: DD still always advised pls.

You too like revelation. Are you Prophet UT?

Why I like stock market is that it is not like MMM where you need to bring people so that you can climb. The lower the stock, the better so that you can mop up.

When the herds enter, you go just dey your mattress dey watch in 3D.

Agbalowomeri:
Abeg Oga 333 I no mind 5%

Wicked man you make oga break your head with 33 bottle

swilo:
Sirs,

1. How can one train his eyes to spot a clear buying opportunity in a month when there is no general bull?

2. How do you calculate/estimate fair price of a stock? the formula (discounted cash flow method) I saw is so confusing.




CC: fxuser, currentprice & onegentleguy.


Is it possible to have a new thread or time out for newbies/oldmen cos I think some of our questions are so offtrack that the elders in the house ignore. Or refer us to the schools or books you use. I appreciate your help

My dear, I use a combination of a lot of factors to determine the fair price of any coy I wish to key into.
...and after that, I wait patiently for the right time before buying !!
For even an adjudged discount from the fair price of a stock could translate to a wrong trade, if u key in at the wrong time.

That said, the complexities of the NSE market terrain requires u to 'always use ur sixth sense'.
To be better off, u also do need to add the Psychological and Information based technique to ur knowledge of fundamental and technical analysis, especially in this clime.

I'll recommend the following investment books;

The Intelligent Investor- by Benjamin Graham.
Security analysis- by Benjamin Graham and David Dodd.
Irrational exuberance- by Robert J. Shiller.
Common stocks and uncommon profits- by Phillip A. Fisher.
Come into my trading room- by Alexander Elder.
and
The little book that still beats the market- by Joel Greenblatt.

There are others, but the aforementioned 6 books above will surely help u start off on a very good footing.

Goodluck to u my dear !!

Agbalowomeri:
Abeg Oga 333 I no mind 5%

i will still come to share commission with u when i come for ur opinion on eyeing stock

RabbiDoracle:
Or Nacson

Lol...He got tired of answering Dauda...

Yayira:
FBNH is one stock to stay clear from. The stock is full of Al Pasinos, acting Scarface, scaring the sh*t out of me. Can’t wait to get out of this highly sentimental stock.
Imagine doing abracadabra with 307 million units offer!

FBNH? Fan of Analysts Opinions? Then read below...
--------------------------------------------------------------------
Go Big or Go Home!!! And yes, I guess I am sticking my neck out on this one.[i][/i]

My high conviction call today going way into 2019 is FBN Holdings. This is probably the most anticipated turnaround story in our coverage of banks. FBNH might not offer anything significant from a dividend perspective though – but patient capital for 2 years could give significant capital appreciation. This is a follow on email to an initial email below on November 13, 2017 titled **Views of a Sales Man** If you have patient capital – this mail is for you, otherwise ignore where we talked about FBN Holdings Plc

Let me be clear – I am not saying the quality of earnings for FBNH is in the same class as a GTBank or Zenith Bank , but when I think about the stock from a valuation upside perspective, I strongly believe this is my Alpha play on a 2 year basis and I would happily play it PA optimistically. I could only do this by dimensioning my risk and downside potentials that exist if things do not play out the way I expect but something has got to give.

FBNH NPLs are specific to them
FBNH high NPLs are not systemic (meaning because they have 20% in NPLs, it is not necessarily a read across for the entire sector). Diamond Bank comes in 2nd in our coverage universe with NPLs closer to 10% (but this is also legacy issues) and Stanbic IBTC at 7.2% as at 9M (overly conservative when it comes to booking NPLs). Taking a peep at Access bank’s loan book, clients would flag the relatively low NPL number being an outlier in a rising NPL environment. Let me take your mind back to the fact that Access Bank refused to lend to the oil and gas space during the rounds of the Shell divestments because of the lofty valuation piled itself into the $2.5bn derivative trade with the Sovereign instead and zero exposure to the power sector. These, probably explain why NPL levels are an outliers however we are not speaking about Access Bank today. The loans that make up the bulk of FBNH NPLs are concentrated in 4/5 large ticket transactions.

Let’s imagine a scenario where FBN Holdings can resolve 2 out of 6 large ticket NPLs – the impact of such a resolution will be material upside to their numbers. The level of provisioning you see FBNH taking is not something you see every day – we are talking NGN350bn between 2015 and 2016. For FY2017, we are expecting they close the year with NGN145billion of provisioning by our numbers. Put that into perspective, we are talking NGN8 – NGN10bn of provisioning monthly – that my friend is a lot of money where I come from, I don’t know about you. Management guides that it can get its NPL below 10% by 2019. We have taken a conservative stance that NPLs will be at 15% by 2019 and 10% by 2020. Painful cycle – YES, but we are taking a long view that there is light at the end of the tunnel.

Positive sentiments about the Management team at the Bank level – First Bank of Nigeria
From our conversations with local money managers, we get more positive feelers with the caliber of talents which the bank has been able to attract in recent years. Some of the names that come up in our conversations are Remi Oni, Patrick Iyamabo, Olusegun Alebiosu, Ini Ebong and Tosin Adewuyi.

I felt I had made a convincing case to a client who was quick to sing to me a song by Sunshine Anderson – ‘’Heard it all before, all of your sweet talk, so I had to shut you down.’’ So I guess the onus falls on Management to prove the market wrong this time around.
----------------------------------------------------------------------------------------------------------------
Disclosure: I don't think much of these types of opinions myself but I read them nevertheless.

tritritri:
Sold my flourmill at 36 , Don't knw if i made a mistake selling as am scared abt the 37 resistants..


Am i the only one making dis mistake ?


cc currentprice ,

Nuggets I have picked up this year from "Reminiscence of a stock market operator". I validate it for my self having sold Dangote Flour and May+Baker way too early last year.

1. Be hopeful when prices are rising and be fearful when they are falling. Most people have those emotions in reverse.
2. You can never catch the prices at the absolute top or bottom so just follow the market. If you have a grip of general market conditions, sell after a few consecutive days of share price drop from a high and buy after a few consecutive days of share price rise from bottom. Stop trying to catch the market at the absolute top or rock bottom. You can't do it.
3. When you discover you have sold too early like you will discover shortly in the case of flour mill, remember you have two options
- Re-enter if indications are that the prices will continue to rise
- Forget the trade and move on to other opportunities right before you.

You may pick up the book and read.

Agbalowomeri:
Safe journey with your illiquid stock

Lol...I have opened an excel sheet to track these predictions

mendes911:
Oya take it. Zenith Bank.......................

http://www.nse.com.ng/Financial_NewsDocs/16524_ZENITH_BANK_-_2016_AUDITED_ACCTS_FINANCIAL_STATEMENTS_FEBRUARY_2017.pdf

Why una dey do like this na?

RabbiDoracle:
You too like revelation. Are you Prophet UT?

Why I like stock market is that it is not like MMM where you need to bring people so that you can climb. The lower the stock, the better so that you can mop up.

When the herds enter, you go just dey your mattress dey watch in 3D.

My dear like is even an understatement. ...I love it !!
...especially because they are real REVELATIONS.
I only put them out here after due consultations to carry everyone along, since its a united forum with a common goal.
...I take everyone here as a brother.

But then again, Due Delligence is still always advised pls.

onegentleguy:
My dear like is even an understatement. ...I love it !!
...especially because they are real REVELATIONS.
I only put them out here after due consultations to carry everyone along, since its a united forum with a common goal.
...I take everyone here as a brother.

But then again, Due Delligence is still always advised pls.

You will be called a monkey hunter ooo. You and CP.

RabbiDoracle:
You will be called a monkey hunter ooo. You and CP.

No regrets exiting JAPAUL... One of the rules of INVESTMENT is never to always expect to gain huge all the time... Get what you can and move on...

THE BIG SMART GUY

investman:
I thank u guys very much for ignoring my question oh, for whatever reason I don't know
Una do well. Its like they select the important people here to ansa their questions.
No problems I will be fine!

Apologies for the lack of response....Though I am happy that your request has been resolved.

currentprice:
cc coolcash

You know what my advise will be already; it's buy and hold....

If it drops to 2.50 will load more...

Nasdaq hits record high, Dow soars 400 points after strong jobs report
The Nasdaq composite advanced 1.5 percent and hit an all-time high.
The Nasdaq 100, which is made up of the 100 largest companies in the Nasdaq composite, also reached a record high.
Stocks surged after the Bureau of Labor Statistics said the U.S. economy added 313,000 jobs in February.



https://www.cnbc.com/2018/03/09/us-stock-futures-dow-data-nonfarm-payrolls-and-politics-on-the-agenda.html?__source=newsletter|breakingnews

Brent crude futures rose $1.54 to $65.15 a barrel, a 2.4 percent gain. West Texas Intermediate (WTI) crude futures rose $1.92 to settle at $62.04 a barrel, a 3.2 percent gain.


https://www.cnbc.com/2018/03/08/oil-markets-focus-on-trump-kim-meeting-and-stock-markets.html?__source=newsletter|breakingnews


2018 the NEW DAWN and will turn out to be the best year in NSE history.

While some are busy making noise others are quietly making money.

*ThE OcToPuS*

akinssan:
Na the pros way be this, knowing the date for price movement. Agba for you (in igala)

Oma igala eeche ei ..Agba kocho

onegentleguy:
...and herein lies the next REVELATION with 'an absolutely certain bumper harvest'.
Those who have ears should as a matter of urgency hasten to the call now, or lement later.

Enough said.

NOTE: DD still always advised pls.

UPL?

EduC:
UPL?

oga calm down o.I dont need anyone there o.

stocks with new 52 week lows
capital oil #0.44k
sovereign #0.33k
equity assurance #0.36k
Africa alliance #0.31k
regency alliance #0.35k
ftn cocoa #0.32k
stocks with new 52 week highs
cadbury #18.40k
japaul oil #0.97k
flourmills #37.65k