Mcy56:

Meaning?

Chart Indicator for Technical Analysis

sellydion:


Jejebaba, This could not be the whole story now, I bought at N10 too. Average down to N7.5k, I was heavy buyer then. Having more than a million units. I collected dividend of more than N1m in the course of these years. I rode the draw-down till I got to 15% negative of which I sold,to quickly join Dangote Flour which I view cheap during this bull 2018, I got more unit in the process. I rode dangote till 17 naira. I eventually sold between 16 and 17. See my dear, different ways to profit in the market. In bear market do your due diligence and buy very low. Sell when the company become overvalue. W. Buffets do sell over valued companies. He was only patience during the period the under value company stays under.

Comparing Dollar to Naira will not work. Do your biz in Dollars earn in Dollar. Do your biz in Naira earn in Naira QED

Thank you so much for this..
Not telling us how you handled things when caught in the NSE war doesn’t add up.. What if doors were closed and one could not get out, how do you deal with it ?
Take CCNN for example, the door was closed for up to a week! No single buyer and when buyers surfaced we all know what happened.. fast falling.
All I know is both JIJO and long term got good side and bad side.

My first 3 million naira loss was from JIJO and just 3 weeks after selling the stock moved above my entry price.. patient sometimes is needed
..And I’ll always use what happened to one oga here as an example.. he’s a fast runner and always tell others to run immediately a stock goes on -
One day I chat him to tell me exactly what happened and how he handled it, then I found out he left some important details.
He entered a stock at high price and immediately after entry the stock started reversing from 3 to 0.80 did you know that
1) He did not sell
2) He averaged down with every available cash even money from dividend
3) After 4 years that stock traded for above 4 naira and he made close to 70 million naira as profit.. Thanks to long term
But when he is telling us to run here he’ll talk as if he as if nothing good came out from holding that long..

The only thing we should worry about is the company.

I know someone will still say “if” he had sold earlier he would have bought more units at 0.80..
That word “IF” i no won hear am..

All this run run dey make person take unnecessary loss. Truth be told

truth

Yayira:
All this run run dey make person take unnecessary loss. Truth be told

Ur right..But let put it this way..Run quickly at the sight of trouble .But be patience encase u mistakenly enter 1 chance .

Yayira:
truth

I like this picture. Lol

onegentleguy:
JUST IN:

CAVERTON OFFSHORE SUPPORT GROUP has just kick started its partnership deal with the HONEYWELL AEROSPACE INC.
Honeywell Aerospace Inc. is the worlds largest and leading provider of navigation, flight control & management systems including aero display systems.
The partnership which saw CAVERTON HELICOPTERS LTD (CHL), a fully owned subsidiary of the CAVERTON GROUP given a honeywell dealership licence was entered into sometime in July.
With this new deal, CHL is now Honeywell Aerospace Inc approved helicopter & military avionics dealer in west africa.
The deal will also help to ENSURE a reduced exposure to unexpected maintenance costs, leading to better control of annual maintenance budgets for the CAVERTON GROUP.

Another strong POSITIVE development for all stakeholders within the CAVERTON GROUP. ...another great channel to grow revenue and boost earnings !!
https://screenshotscdn.firefoxusercontent.com/images/562c0761-444f-443f-b0a5-9a9c1b30e0d7.png
https://aerospace.honeywell.com/en/press-release-listing/2018/september/honeywell-intl-inc-s-avionics-protection-plan-selected-by-africa-based-helicopter-operators

Next in line shall be the company's maintenance, repair and overhaul (MRO) project. ...a world class aviation maintenance platform.

Lots of POSITIVES for this coy... fundamentally sound (with a near double digit growth across key major indicators including net profit margin, RORE, ROAE, ROAA, Interest coverage and Equity Multiplier), high and stable oil price plus several juicy deals for the helicopter, Integrated services and also their marine subsidiaries.
Indeed Q3 and 2018 YE will be interesting !! ...We'll see what the future holds.
I have since said that CAVERTON is a very STRONG BUY from our end... in fact ACCUMULATE.
using a TTM EPS of 88k at a risk-adjusted rate of 14%, CAVERTON should sell for NO less than N6.20 !!... that's an amazing approx 244% DISCOUNT from the current market price of N1.80

...those who know, know what to do.

DISCLAIMER: NOT a BUY recommendation.

Better... even though the daily volume of Caverton is not very encouraging. Good info and market will react to this in q3 result although there is still some time for it to go lower if the index misbehaves. Also, people need to read the post carefully else they may think Caverton is the new carrier for Honeywell...

Agbalowomeri:


band between the equator and the polar region

...OMG

swilo:


Better... even though the daily volume of Caverton is not very encouraging. Good info and market will react to this in q3 result although there is still some time for it to go lower if the index misbehaves. Also, people need to read the post carefully else they may think Caverton is the new carrier for Honeywell...

That company (CAVERTON) is currently damn too CHEAP. ...presently about the cheapest stock on the Nigeria Stock Exchange !!

Remember:

"One of the most powerful weapon of SUCEESS or failure within the stock market is with the ability to take advantage of the 'gap' between current perception and REAL VALUE.
...knowing how and when to align with that 'gap' is the core 'survival mark' of a WINING INVESTOR !!"
~Sinclair

heyteaherm:
Access bank seems to have found some support at N7.5 , these is a completion of the first wave of the down trend , also a correction to N9 -N10
is expected before the continutaion of the downtrend, seems access bank is in for a relief correction same thing happened in the bear market of 2014 there was a relief wave 2 correction from 17 Feb' 2014 to 9th of June 2014 from N7.27 to N10. it's all in the charts baby. PM me for free TA long term/ short term, I will help you make money while you sleep.

...@heyteaherm, good job! On the contrary, I think what we have now on Access is an ABC correction which can end up to be a zigzag, flat, triangle or any other advanced corrective wave

BullBearMkt:

...@heyteaherm, good job! On the contrary, I think what we have now on Access is an ABC correction which can end up to be a zigzag, flat, triangle or any other advanced corrective wave

umm

abnormal correction ? over extended ?

fxuser:


umm

abnormal correction ? over extended ?

...that is why it's "A" of the ABC. B usually is the shortest while the C can be shorter than the A or longer than A, depending on the pattern it ends up with

onegentleguy:


That company (CAVERTON) is currently damn too CHEAP. ...presently about the cheapest stock on the Nigeria Stock Exchange !!

Remember:

"One of the most powerful weapon of SUCEESS or failure within the stock market is with the ability to take advantage of the 'gap' between current perception and REAL VALUE.
...knowing how and when to align with that 'gap' is the core 'survival mark' of a WINING INVESTOR !!"
~Sinclair

We disagree! Our idea of cheap here is those selling at less than 30Kobo...
Since we can hire Dangote trucks that just dropped cement at a depot to carry our kaya from Oscar Onyema.
We prefer those stocks we can use about 250K to get 7 digit units..

swilo:


Better... even though the daily volume of Caverton is not very encouraging. Good info and market will react to this in q3 result although there is still some time for it to go lower if the index misbehaves. Also, people need to read the post carefully else they may think Caverton is the new carrier for Honeywell...

LMAO

brent
- flexing

sellydion:


Jejebaba, This could not be the whole story now, I bought at N10 too. Average down to N7.5k, I was heavy buyer then. Having more than a million units. I collected dividend of more than N1m in the course of these years. I rode the draw-down till I got to 15% negative of which I sold,to quickly join Dangote Flour which I view cheap during this bull 2018, I got more unit in the process. I rode dangote till 17 naira. I eventually sold between 16 and 17. See my dear, different ways to profit in the market. In bear market do your due diligence and buy very low. Sell when the company become overvalue. W. Buffets do sell over valued companies. He was only patience during the period the under value company stays under.

Comparing Dollar to Naira will not work. Do your biz in Dollars earn in Dollar. Do your biz in Naira earn in Naira QED

if he earns in dollar and converted dollar to naira to buy stock. it necessary to compare dollar to naira when he sell the stock

Agbalowomeri:


band between the equator and the polar region

OMG . . Agba ehn
they are fast approaching each other

DON'T LET THE FEAR OF THE FIRST DEATH CAUSE YOU TO EXPERIENCE THE SECOND DEATH, ...

https://www.nairaland.com/3560501/holineness-righteousness-revival-daily-messages/16#71358311

MSCI PORTFOLIO MOVEMENT- AS AT 19 SEPTEMBER 2018/GENERAL COMMENT

Yesterday for the All share Index was like a draw for the match between the bulls and the bears, but i am sure a lot us were not too dissapointed.


What I observed is that the news watchers are still looking for money to put invest in the market. Let us see if they will show up today.

I terms of expected high and low, the level for today is just like yesterday, the difference is not much.

As to the fact that some results for 3rd quarter that are guaranteed to be good or bad. I will like to pick 3 as follows:

COMPANY EXPECTED RESULT- COMPARED WITH 3RD QTR 2017 REASON
Transcorp Very Good The power Investment/plan to go into more oil
exploration by next year. I believe MSCI will continue to
support this stock
OANDO Excellent Too much pressure on Management to perform.
Received their newsletter in my mail this week. The
number of OIL well is just too much. MSCI bought
SEPLAT at a time and exit within a very short
period. Fund continues to by OANDO. With the Oil price
still above NGN70, except the unexpected happens,
good result is a forgone issue.
DANGOTE FLOUR MILLS BAD Squeezing of profit margin. Profit for sale of Noodle
business was reported in about this time last year. The
Flour Milling business is becoming too competitive.No
wonder the price of flour is to be increased, but with
the open gate of the Industry to new entrants, no
company can monopolise the market.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).
N:B

1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock markt crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts, you will see the various sources where the data can be verified.

yok:
MSCI PORTFOLIO MOVEMENT- AS AT 19 SEPTEMBER 2018/GENERAL COMMENT


Fund continues to by OANDO. With the Oil price
still above NGN70, except the unexpected happens,
good result is a forgone issue.

Has Wale Tinubu become a changed person

This September bear is not living up to expectation.

I'm patience-fatigued

I have to dust my JIJO lens

DeRuggedProf:



Has Wale Tinubu become a changed person

Mangal now has cctv in the board.

DeRuggedProf:



Has Wale Tinubu become a changed person

he will use Non-controlling interest as a weapon to eat substantial part of the company earnings.

Skye bank dividends don try oh. Fcmb too

What is this Firstalum selling self? Anyone knows? The stock dey tempting o.

Mpeace:
Skye bank dividends don try oh. Fcmb too

Lol. At what price did you enter skye?

Mcy56:
What is this Firstalum selling self? Anyone knows? The stock dey tempting o.

First Aluminium?

You do need to pay your fees in DOLLARS.

Can't remember the last time that company declared profit or pay dividend. They are an Aluminium company that is completely left behind!

It will be interesting to know how of all the companies on NSE, na First Aluminium dey tempt you

wanaj0:


First Aluminium?

You do need to pay your fees in DOLLARS.

Can't remember the last time that company declared profit or pay dividend. They are an Aluminium company that is completely left behind!

It will be interesting to know how of all the companies on NSE, na First Aluminium dey tempt you

She may just be waking up from sleep. That's the only thing that came to my mind when I saw her post. But still, people make money from dead companies, she might succeed.

wanaj0:
First Aluminium?
You do need to pay your fees in DOLLARS.
Can't remember the last time that company declared profit or pay dividend. They are an Aluminium company that is completely left behind!
It will be interesting to know how of all the companies on NSE, na First Aluminium dey tempt you

Chai!!!
Na the volumes changing hands this morning dey tempt me. Lol. Who knows maybe something is brewing there.

wanaj0:


First Aluminium?

You do need to pay your fees in DOLLARS.

Can't remember the last time that company declared profit or pay dividend. They are an Aluminium company that is completely left behind!

It will be interesting to know how of all the companies on NSE, na First Aluminium dey tempt you

Lol

Mcy56:

Chai!!!
Na the volumes changing hands this morning dey tempt me. Lol. Who knows maybe something is brewing there.

I feel you...
Dead body must shake body and get lifted before e finally rest for ground level 20K..

DeRuggedProf:
I feel you...
Dead body must shake body and get lifted before e finally rest for ground level 20K..

Chai! I thought you have better info for me.
What if a new investor bought into the co.?