RabbiDoracle:


Are you tired of buying?

Timing the market is fun for us.

And With a bit of luck I will say.

I think you really tried ... timing the market

veecovee:
I think you really tried ... timing the market

I think you are right

The market seems depressed now than in January 2018.

Abi?

RabbiDoracle:


I think you are right

The market seems depressed now than in January 2018.

Abi?

Keep quiet ooo. Did Pastor tell you that he's blind? No dey throw all these stone!

Personally, i give the Market timing kudos to CP. He told me since 2nd week of Jan that i called him to leave the market before end of Jan and come back in April which i refused to listen due to itchy fingers. I got stuck in the market because of JIJO.

RabbiDoracle:


You can sell at N25 and enter a good stock at N1.

Abi

Any N1 stock that is good at the moment

I have been searching and searching for more than 2 weeks now

mendes911:


Keep quiet ooo. Did Pastor tell you that he's blind? No dey throw all these stone!

not possible telling parr... to keep quiet

pluto09:


Any N1 stock that is good at the moment
I have been searching and searching for more than 2 weeks now

Skye

Jejebaba:
Personally, i give the Market timing kudos to CP. He told me since 2nd week of Jan that i called him to leave the market before end of Jan and come back in April which i refused to listen due to itchy fingers. I got stuck in the market because of JIJO.

Love this forum, learning more and more. More oil to all the helpful elbows

veecovee:
not possible telling parr... to keep quiet

If you re-read my post, maybe you will understand the intended meaning. Maybe.

rationalmind:


Skye

A stock without result for the past 2 years.
I no dey do that kind.

pluto09:



A stock without result for the past 2 years.
I no dey do that kind.

Are you sure?

Remember we have been assured of a "foreign investor" and also the assurance from one of their management staff. Is that not convincing enough?

DeRuggedProf:


Surely, The Wizards are around!

RabbiDoracle:


Bad guy, I saw your hand in that T1 bank ooo..

Continue....

See volume!!!

currentprice:


na ur hand, leg and head i met there

The simple Fraction of 1/ABU.
...where ABU is equivalent to Amadu Bello University.

#CODE007
#BELIEVE

pluto09:



A stock without result for the past 2 years.
I no dey do that kind.

Funny thing is, it's those stocks we consider dead that give the best return in the short term.

No fundamentally sound stock has given the kind of return Skye, Wema, Unitybank, Japaul and a host of others have given this year.

mendes911:


If you re-read my post, maybe you will understand the intended meaning. Maybe.

he dey talk ooo, but na play I dey play with oracle and parrot shaaa

Mcy56:


What of Fidelity, FCMB, Aiico, Japaul, Lasaco?

The Stock with the most active Market Maker is FCMB. They know how to play the game very well.
Please anybody knows their MM and other Stocks they are in charge of?

Some were laughing at me for buying fcmb, diamond and fidelity yesterday.

They couldn't decode that fcmb is likely to carry them along, despite the fact that they are yet to release result. However, peradventure their results are bad, I don't think their price would depreciate so much.

And if they are good ...

rationalmind:




Funny thing is, it's those stocks we consider dead that give the best return in the short term.

No fundamentally sound stock has given the kind of return Skye, Wema, Unitybank, Japaul and a host of others have given this year.

That is the summary of all that I had to say yesterday that my best days at the NSE were the days I never knew about fundamental blah, blah but about making MONEY, anyhow, whether the stock of moribund, dead, dying, or just dead

Mcy56:

Na to say we wey dey queue for Mr. Time plenty be that o.
Agba talk true, you too dey on queue with your mattress and pillow
You fit employ me to dey assist you to dust only the pillow on daily basis while waiting for Mr. Time?
Na the kind job wey I dey find be that. I go dey loyal, no cause for alarm.

Beware of Agba!
Except you don't mind been a baby mama.

rationalmind:




Funny thing is, it's those stocks we consider dead that give the best return in the short term.

No fundamentally sound stock has given the kind of return Skye, Wema, Unitybank, Japaul and a host of others have given this year.

You can say that again to those that bought Skye, wema ,unity and japaul at their year high.

wanaj0:


Reconstruction is not the main issue.

They have convertible notes issued that will be converted to equity. Do you know what the outstanding shares will be after the conversion? That to me is the major issue.

Could this be what you are talking about?

About N2.3 billion to be converted to equity ?
If we convert that at today closing price of N1.33, we will get about 1.7billion.
For a stock with an OS of about 1.6billion, we are looking at a possibility of about 100% dilution.


At CC, what is your take on this ?

pluto09:



You can say that again to those that bought Skye, wema ,unity and japaul at their year high.

Since I dont have access to 52 week high by oga intendy, I'm going to use the 52 week high values as available on the trading platform

I'll start with Skye Vs Fidelity bank then Japaul vs Diamond bank

The highest price Skye has touched in 52 weeks is 1.61, this means it's trading at a 75% discount.

The highest price fidelity bank (with supposedly good fundamentals) has touched in 52 weeks is 4.33 which means it's currently trading at a 69% discount . Not much difference from Skye with all the negativities surrounding it if you ask me.

The highest price Japaul has touched in 52 weeks is 1.06 which means it's trading at a 92 percent discount.

Lets take a look at diamond, not so good fundamentals I agree but certainly not in the same league with Japaul. The highest price it has touched in 52 weeks is 3.73 which means it's trading at an 82% discount.

Again, not so different from Japaul

Even the often mentioned dangote flour when talking about stocks with good fundamentals is trading at a 32% discount from its "52 week high"

It does look like the fear surrounding those "dead" stocks can't be all that justified in light of recent price action.

mendes911:


Are you sure?

Remember we have been assured of a "foreign investor" and also the assurance from one of their management staff. Is that not convincing enough?

I only buy based on figures that I can see but not on hope

rationalmind:


Since I dont have access to 52 week high by oga intendy, I'm going to use the 52 week high values as available on the trading platform

I'll start with Skye Vs Fidelity bank then Japaul vs Diamond bank

The highest price Skye has touched in 52 weeks is 1.61, this means it's currently trading at a 75% discount.

The highest price fidelity bank (with supposedly good fundamentals) has touched in 52 weeks is 4.33 which means it's currently trading at a 69% discount . Not much difference from Skye with all the negativities surrounding it if you ask me.

The highest price Japaul has touched in 52 weeks is 1.06 which means it's trading at a 92 percent discount.

Lets take a look at diamond, not so good fundamentals I agree but certainly not in the same league with Japaul. The highest price it has touched in 52 weeks is 3.73 which means it's trading at an 82% discount.

Again, not so different from Diamond bank.

Even the often mentioned dangote flour when talking about stocks with good fundamentals is trading at a 32% discount from its "52 week high"

It does look like the fear surrounding those "dead" stocks can't be all that justified in light of recent price action.

Good analysis.
If buying those "dead" stocks gives you better results, no problem.
That might be your strategy and I wish you well.

pluto09:



Good analysis.
If buying those "dead" stocks gives you better results, no problem.
That might be your strategy and I wish you well.

I have spotted quite a few in recent times from Lasaco to Prestige and more recently Sovereign but fear no gree me buy make I no go carry Oracle kaya

Hopefully, with more experience, I'll be able to dine with the sharks like coolcash1 and Mpeace

WEMA Bank

pluto09:



Any N1 stock that is good at the moment

I have been searching and searching for more than 2 weeks now

Oando is back with bulls charge virus. I love dis stock behaviour.walexy!

Im done with transcorp.

The shareholders will give someone bp.
No single patience.

They always do not allow the bids to build up


I'll make my profits this week and shift my attention to another nice volatile stock.

rebekah2011:
WEMA Bank

A bank with p.e of about 15, ROE of <5% and DY of near zero. You only buy this kind of stock if you have a revelation or you are an insider, lol.
When zenith has a p.e of <5, ROE of about 21% and DY of about 10%.

I beg mention another one

makashava:
Oando is back with bulls charge virus. I love dis stock behaviour.walexy!

Hmmm Oando has been doing 10% daily with just 434k units, 300k units. Not in millions.


Hmmm This one is na to watch in 5D

pluto09:




A bank with p.e of about 15, ROE of <5% and DY of near zero. You only buy this kind of stock if you have a revelation or you are an insider, lol.
When zenith has a p.e of <5, ROE of about 21% and DY of about 10%.

I beg mention another one

One crate of cold star for you sir!

onegentleguy:
...and a very deep coax voice was heard from the extremities of the earth !!
A call with a loud and continuous reverberation like that of 'a swift ocean in motion'.
A voice with the now superb clear sign of 'the next melody in play'
A call for all earthly inhabitants to immediately move in to that Wema house that's just by the river Bank !!
...and the multitudes who quickly headed to the call were seen heralding in immense joy and happiness after been a part of the many in-house financial gains.
For the gladness of their soul were truly beyond measures !!

...while the procrastinators and sideline spectators were later seen gnashing their teeth in anger and plenty of regret.

"onegentleguy revelation WATCH"

1. Caverton - Ok
2. Skye - Ok....but he told the house when to go in but didn't tell it when to bail out. Bailed out solo.
3. UACN - Jury still out
4. Flourmill - Jury still out
5. AIICO - Jury still out

2/5 = 40% so far. Is there any I am missing? Please feel free to add.

Mr. Time will tell

uuspace:


Hmmm Oando has been doing 10% daily with just 434k units, 300k units. Not in millions.


Hmmm This one is na to watch in 5D

Oando is untouchable at the moment. You have to cross over 100million offers to get a unit. So even if you need it and have cash at hand, its almost impossible to get in.