₦airaland Forum

Wema
- break back above the 50-ema once again
- anything can happen

#Justobserving

Zenith
- 23 support test ongoing , u dont want to be d asiwaju lollx

FBN / Access / UBA

- if ur holding them , seems like a long thing
- zero fomo till date lolx

UBN
- sterln bank behaviour wt TA brk out

fxuser:
FBN / Access / UBA

- if ur holding them , seems like a long thing
- zero fomo till date lolx

a brk or pref wkly closure above 8 is wat u want to see first

#PriceAction

sillysassysally:
FORTE OIL

I still remember Dr. Agba's advice the last time I called FO.

Anointing oil may do u more good than FO except things have changed.

Some 7 day highs

- champ brew
- Japaul
- MayBaker
- UBN
- Forte Oil
- SterLN
- Eterna
- Wema


#PriceActionObservation

fxuser:
Some 7 day highs

- champ brew
- Japaul
- MayBaker
- UBN
- Forte Oil
- SterLN
- Eterna
- Wema


#PriceActionObservation

Another 7 day High
Add Cadbury

- d knife done hit grd , it's much easier to catch with less blood lolxx
- weekly macd above sig line (buy sig )
- 50-ema flattened out (sign of '' possible ''bottoming)
- tested support over past weeks is N9 (stop loss)
- highest weekly close in months is N10 (brk out /resistance)
- and be be lo
- some may argue dat UACN show some similarities but will share thots another time

dis:
don't hold any , just sharing observation from TA ANGU

Infinitisi:
I have a good book that will provide you with a good foundation in analysing company results which you can build upon as you read further.

It's written in such a way that anybody even if you have never seen a financial report in your life can not only read and understand but begin to do routine analysis of financial reports.

If you are interested just shoot me an email and I will forward it to you free.

Still hope to get a copy.

Please send to tosinoke2010@gmail.com.

many thanks.

swilo:
I still remember Dr. Agba's advice the last time I called FO.

Anointing oil may do u more good than FO except things have changed.

I knew dis gona happen to Fo price based on their latest Q result, the result look different from what they use to release before now. If they can build on Q3 by YE we might see Fo price fly higher. I missed the stock with 4.50 my target entry price at the released of the result. thought the bear will assist to to lower the price by 4.5 or more for good buy but mkt think otherwise

EKUU Mkt o

Investors should watch out for champion breweries.
This company has one of the best asset to liability ratio in the whole of NSE
The South African investors are busy strategising and repositioning this company.
The company is looking for market shares dominated by NB, IB, Guinness. With 5 to 7.5% market penetration, this company will witness a turn around.
I forsee a long term capital and shares appreciation for this company.
Most companies the SA investors show interest, will likely experience turn around in production and marketing.
It might take time... I can see this modern brewery doing what CCNN is doing in the cement industries in the brewery industries.
Surfice to say when the available becomes expensive, the affordable becomes available.
Watch out....
Disclosure... I hold 100,000 units in this company.
Not an advise to buy
Just my candid opinion

Godlylifeoneart:
Investors should watch out for champion breweries.
This company has one of the best asset to liability ratio in the whole of NSE
The South African investors are busy strategising and repositioning this company.
The company is looking for market shares dominated by NB, IB, Guinness. With 5 to 7.5% market penetration, this company will witness a turn around.
I forsee a long term capital and shares appreciation for this company.
Most companies the SA investors show interest, will likely experience turn around in production and marketing.
It might take time... I can see this modern brewery doing what CCNN is doing in the cement industries in the brewery industries.
Surfice to say when the available becomes expensive, the affordable becomes available.
Watch out....
Disclosure... I hold 100,000 units in this company.
Not an advise to buy
Just my candid opinion

I love what the SA investors did with Dangote Flour

Not sure of the SA investors in Champion Breweries. I thought Heineken (majority owners of NBL) are the majority shareholder in Champion Breweries.

Mcy56:
Mendes, keep throwing stone there you hear. Lol.
BBM should have it, the way he's been analyzing the stock these days. I want to believe that some would have bought due to the analysis, maybe they were the ones responsible for its northward movement too....... just my opinion.

...I wish I had sufficient resources to buy all the stocks I analyse and put out here

stockbull:
NIGERIA STOCK EXCHANGE MARKET > NIGERIAN STOCK EXCHANGE MARKET, UPDATES,CSCS,FORUM,NSE,CAPITALIZATION,BROKER,REPORT

@kayode 12. U can invest with dat amount but make sure you will not need the money soon and to ensure it will not affect you coz you will have to position and not trading.talk to your bankers and make sure you will b able to covert your divident warrant and bonus to cash before we help you to buy stock that will generate good dividend yield and price appreciation.


@feelamong . These are big cap stocks. members of nse 30.they may b too expensive for investors on nairalanders as most people here are youth.lets talk as average nigeria

Talk to us lets Design a professional Business Logo, Flyers, Business Letter Headed Paper, Social Media Profile Pictures, etc

Each For 1k Only
Chat Us Up On WhatsApp
https:///send?phone=2349090511586

wanaj0:
I love what the SA investors did with Dangote Flour

Not sure of the SA investors in Champion Breweries. I thought Heineken (majority owners of NBL) are the majority shareholder in Champion Breweries.

One needs to understand Wanaj0 before the person can understand the stone hidden in this post!

wanaj0:
I love what the SA investors did with Dangote Flour

Not sure of the SA investors in Champion Breweries. I thought Heineken (majority owners of NBL) are the majority shareholder in Champion Breweries.

Noteby... It was the SA investor(Tiger Brand) that lost terribly in the Dangote Flour affairs. It still reflects in the annual report of Tiger brand till date. Alhaji played them well.TB could not compete in unfamiliar territory.
In the breweries subsector, it's a different game.
A. Rooijen was once the MD of champion breweries and he still represents the interest of the SA investors till date.
For Heineken, the majority shareholders to hold on to about 4.7bil shares in dz Company despite facing financial challenges in Europe means there is an intrinsic value in dz company that is not yet known to common shareholders
Watch out.......

mendes911:
One needs to understand Wanaj0 before the person
can understand the stone hidden in this post!

https://www.google.co.za/amp/s/www.timeslive.co.za/amp/sunday-times/business/2015-11-19-tiger-brands-rethinks-expansion-after-nigeria-hit/


Tiger Brands took a $120 million hit on Thursday as it wrote-off the full value of its loss-making Nigeria unit, prompting a rethink of its sub-Saharan Africa expansion strategy.

South Africa's biggest consumer foods maker has not made a profit from Nigeria's Dangote Flour Mills (DFM) since paying nearly $200 million for a 65 percent stake in the pasta and flour maker three years ago.

Tiger Brands has written-off 1.7 billion rand ($120 million) from DFM, adding to the two impairments last year totaling 954 million rand, as the business struggled with tough competition and a weakening naira currency.

"We spent a bucket load of cash learning those lessons and shareholders are clearly upset," outgoing chief executive Peter Matlare Matlare said.

"We have to revise what the strategy should look like and that's work that is underway right now," added Matlare, who will step down at the end of the year after eight years at the helm.

Shares in Tiger Brands climbed 2.2 percent to 332.24 rand by 0956 GMT, outpacing a 1 percent gain on the blue-chip JSE Top-40 index, as investors welcomed clarity over DFM.

story_article_left1

Tiger Brands, which named chief operating officer Noel Doyle as temporary CEO from next year, reported a surprise 2 percent fall in full-year profit due to the write-off.

Diluted headline earnings per share totaled 1,757 cents in the year to the end of September, missing analyst expectations of 1,798 cents, or growth of 2 percent.

Earlier this week, Tiger Brands said it would no longer provide funding to DFM as part of wider review of its investment in the company, a move that could test DFM's survival.

Shares in DFM slumped 4.85 percent to 1.96 naira, giving a market value of $50.5 million, or nearly a third of its $141 million net debt.

Dangote Industries, owned by Africa's richest man Aliko Dangote, holds a 10 percent equity stake in the company. Dangote and three other directors resigned on Monday.

In a bid to turn DFM around over the last three years, Tiger Brands mothballed some of its mills and introduced new, higher margin products.

But those efforts were dealt a blow late last year when Nigeria devalued the naira, resulting in higher input costs and as Africa's biggest economy struggled with lower oil prices.

Tiger Brands also wrote down 250 million rand from its investment in Nigeria's Deli Foods, in which it holds 49 percent stake, citing a weaker currency and slowing demand.

These are the shareholders of the coy.
The Raysun Nigeria Limited 61% (SPV of Heineken)
Assets Management Nominee 12%
Akwa Ibom State Government 10%
Others 17%

Godlylifeoneart:
Noteby... It was the SA investor(Tiger Brand) that lost terribly in the Dangote Flour affairs. It still reflects in the annual report of Tiger brand till date. Alhaji played them well.TB could not compete in unfamiliar territory.
In the breweries subsector, it's a different game.
A. Rooijen was once the MD of champion breweries and he still represents the interest of the SA investors till date.
For Heineken, the majority shareholders to hold on to about 4.7bil shares in dz Company despite facing financial challenges in Europe means there is an intrinsic value in dz company that is not yet known to common shareholders
Watch out.......

fxuser:
Some 7 day highs

- champ brew
- Japaul
- MayBaker
- UBN
- Forte Oil
- SterLN
- Eterna
- Wema


#PriceActionObservation

Weldone oga Fxuser. Your selfless efforts are appreciated everytime.

currentprice:
I knew dis gona happen to Fo price based on their latest Q result, the result look different from what they use to release before now. If they can build on Q3 by YE we might see Fo price fly higher. I missed the stock with 4.50 my target entry price at the released of the result. thought the bear will assist to to lower the price by 4.5 or more for good buy but mkt think otherwise

Mr cp, i still believe in this fo, I bought @ 39, and i plan to average down,,,,,,,,,, do you still see it fall lower

wanaj0:
I love what the SA investors did with Dangote Flour

Not sure of the SA investors in Champion Breweries. I thought Heineken (majority owners of NBL) are the majority shareholder in Champion Breweries.

sir wanajo, abeg help me shine your touch light on forte oil

Godlylifeoneart:
Noteby... It was the SA investor(Tiger Brand) that lost terribly in the Dangote Flour affairs. It still reflects in the annual report of Tiger brand till date. Alhaji played them well.TB could not compete in unfamiliar territory.
In the breweries subsector, it's a different game.
A. Rooijen was once the MD of champion breweries and he still represents the interest of the SA investors till date.
For Heineken, the majority shareholders to hold on to about 4.7bil shares in dz Company despite facing financial challenges in Europe means there is an intrinsic value in dz company that is not yet known to common shareholders
Watch out.......

Seems I am very slow today. Is SA Investors another name for Heineken a 'Dutch' brewing company?

maishai:
sir wanajo, abeg help me shine your touch light on forte oil

What is their line of business What exactly do they do to make money?

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 12 DECEMBER 2018

MSCI portfolio moved on Wednesday 12 December 2018 as shown below.

For Thursday 13 December 2018, expected High is 30,738.85 low at 30,578.46

Looking at the price action of yesterday’s Allshare Index Chart, the price action is indicating an inside day, if the inside day breaks out of Tuesday’s range to the upside, upside space for movement is limited. If it breaks to the downside, the downside may have more momentum!!!

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, unless the fund is exiting from the particular Country involved. This is an equity fund investing in the Nigeria market. The date displayed may not be the actual date of purchase/sale of equity (this is lega and allowable under the regulations guiding funds operations in general).

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 market 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 (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

C&I placed on suspension today, until 27th Dec again. We will see how it goes.
Sterling sighted at N2! There is strong hope for those in Fidelity and FCMB then.

This Guaranty that these people are sharing, uhhmmm
The price might eventually not move up.
Na wetin dey tire person about all these big big trades be that. just my opinion please, I may be wrong in Prof's voice.

Mcy56:
C&I placed on suspension today, until 27th Dec again. We will see how it goes.
Sterling sighted at N2! There is strong hope for those in Fidelity and FCMB then.

This NSE is something else..Wondering at the fact that I sold my sterling bank @#1.68 just last week!

anjilgreat:
This NSE is something else..Wondering at the fact that I sold my sterling bank @#1.68 just last week!

Lol. I hope you wouldn't go and rush back in at high price. Can it actually sustain that price? Anything is possible in NSE anyway.
We are observing.

wanaj0:
What is their line of business What exactly do they do to make money?

Lol. Long time sir.

Looks like prices may not get worse than this. For the look of things, there might be a little rally.
Keep faith. Take position.

Where is sir Loco? Has he gone for Christmas break in Santorini?

Even Agba has gone MIA.