RabbiDoracle:


Even at N5, it is a strong buy!

If it falls below, buy without pity/regret/fear

It is at multi year low. More than 10 year low.

In fact somersault into the stock now!

Sir, are you speaking in parables or seriously having regards to the last result?

Dear Current Price.: Fair price of UBA

onegentleguy:


Suddenly the oversupply of DSR shares(over 8M offer to less than a 500k bid @ the time of I put out the post above) has now disappeared !!
A similar thing is playing out in UA**, FC**, AI***, UB* and TR*******

Is alright.

I have been a silent reader for many years who registered recently. I want to thank you for your many cogent analyses of stocks and recommendations which you present unequivocally and without ambiguity. I must confess that I have made money from following some of your recommendations which I acted on after carrying out my own due diligence. Thanks again, stay blessed.

Onegentleguy: Good evening sir, plus what is fair price of UBA, and your opinion on BUY

mendes911:

What exactly was Oracle and Agba's bet again? GTB has dropped below August low. Remaining Zenith.

At what point are we getting a winner for that bet?

Am entitled to 10% as person wey arrange this match ooo.

Patient! They will still fall

drills:
Please can anyone recommend a very good stock broking company that are very effective with lower charges

Kindly try Meristem stockbroking ltd, or call 08029736561

Godisfaithful:


Patient! They will still fall

Is it b4 dividend or after ..

DeRuggedProf:
Who can explain to me why I don't like AIICO?
Cant understand myself here.

You are not alone. There is widespread apathy for insurance stocks. Volatile profits and they are usually the first to succumb during market downturn.

RabbiDoracle:

You are still on paid employment?

stone?

onegentleguy:


I beg to disagree with the part in bold Sir.
...for saying that would be tantamount to assuming that every asset play has zero risk. No matter how well thought out or 'articulated' one might be, they can never completely avoid the thing about 'carrying risk' while playing any class of investment.
U can only mitigate it. ...because while ur knowledge and discernment can help u manage certain 'tangible' class of risk, it oftentimes may not help u avoid the weight that sometimes come with the 'intangible' ones.

So I dare say that none of us is immune to losing money.
Every investor knows that RISK is a necessary part of an investment circle.
...the fundamental thing is to ensure u interpret it well while relating it to REWARD so u can often stand a better chance of WINNING more and LOSING less !!
Along that line, growing ur investing STRATEGY to fit into ur INVESTMENT PERSONALITY, HORIZON and GOAL is KEY !!

This article might be of help;
https://www.booksie.com/554210-strategy-a-powerful-tool-to-successful-investing

Regards.

Is this your blog?

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BAMOFIN1:


Sir, are you speaking in parables or seriously having regards to the last result?

Like I explained earlier, sometimes a good company fortunes and fundamentals ( +stock price) will keep falling and so does the technicals.

After a while the technicals will be showing signs of a bullish recovery and sooner or later, the company starts to change some things(policies, working capitals, strategic investor etc) or other events will cause positive changes in the company which finally changes the Fundamentals.

So looking at the charts, PZ was last seen at N5 more than 10 years ago. And it is starting to halt the slide and take a reversal upwards. There could be more fall below N5 though but it needs to start a bullish trend.

BAMOFIN1:

stone?

He said he has 7 A1 sir.

RabbiDoracle:


You are still on paid employment?

Oh! Yes I am sir. The role allows me to impart people with proper knowledge about the financial markets.

Nothing gives me more satisfaction than seeing people hitherto clueless about the market become enlightened.

I am doing my bit as regards changing the narrative of Technical Analysis in the Nigerian financial market space.

All these people using methods that have been too long due for a change would soon be kicked outta the industry by these young ones I'm gonna be raising. If you aren't ready to improve upon the old knowledge base that you have, watch your back 'cos the new kids on the block are gonna unseat you.

Enjoy your day sir.

RabbiDoracle:


He said he has 7 A1 sir.

Please make that 8 A(s) sir.

I happened to be at the 164th Founders Day Celebration of my Alma mata a few weeks ago.

My name is on the deux board for my set (1995)

Note: My result in English language was previously with held.

meshpips:


Oh! Yes I am sir. The role allows me to impart people with proper knowledge about the financial markets.

Nothing gives me more satisfaction than seeing people hitherto clueless about the market become enlightened.

I am doing my bit as regards changing the narrative of Technical Analysis in the Nigerian financial market space.

All these people using methods that have been too long due for a change would soon be kicked outta the industry by these young ones I'm gonna be raising. If you aren't ready to improve upon the old knowledge base that you have, watch your back 'cos the new kids on the block are gonna unseat you.

Enjoy your day sir.

Please may we know the stockbroking firm?

meshpips:


Oh! Yes I am sir. The role allows me to impart people with proper knowledge about the financial markets.

Nothing gives me more satisfaction than seeing people hitherto clueless about the market become enlightened.

I am doing my bit as regards changing the narrative of Technical Analysis in the Nigerian financial market space.

All these people using methods that have been too long due for a change would soon be kicked outta the industry by these young ones I'm gonna be raising. If you aren't ready to improve upon the old knowledge base that you have, watch your back 'cos the new kids on the block are gonna unseat you.

Enjoy your day sir.

A simple advice: research your topics well before presenting them.

The VWAP has few holes in them. And the arbitrariness of a reference date invalidates the VWAP exercise (one challenge using it).

chillykelly86:


Please may we know the stockbroking firm?

It is not a stockbroking firm.

You can send me a message on whatsapp.

RabbiDoracle:


A simple advice: research your topics well before presenting them.

The VWAP has few holes in them. And the arbitrariness of a reference date invalidates the VWAP exercise (one challenge using it).

Oga mii,

what I do is NOT VWAP. I have said this time and again. I only said VWAP is kind of similar to what I do.

You can also go study about cumulative delta volume. It is also similar to one part of what I do only that I do not know how they obtain their volume at bid/ask.

@rabbidoracle,

you fail to acknowledge the fact that I was trained as an Engineer and have been properly grilled on how to design systems that are robust.

When I tell y'all that VAP works perfectly as a stand alone technical tool, many wrestle with boldness in my "claim"

Except and unless I take you through the little details, steps and processes taken to arrive at VAP, you would at best be thinking it is like one of those technical tools that you have ever seen.

Permit me to inform you that VAP is the coolest technical tool out there in industry for now. In fact, it is the next best thing that ever happened since someone discovered garri and groundnut.

I've gotta work now sir.

Enjoy your day!

meshpips:


Oh! Yes I am sir. The role allows me to impart people with proper knowledge about the financial markets.

Nothing gives me more satisfaction than seeing people hitherto clueless about the market become enlightened.

I am doing my bit as regards changing the narrative of Technical Analysis in the Nigerian financial market space.

All these people using methods that have been too long due for a change would soon be kicked outta the industry by these young ones I'm gonna be raising. If you aren't ready to improve upon the old knowledge base that you have, watch your back 'cos the new kids on the block are gonna unseat you.

Enjoy your day sir.

Keep up the good work. You are doing well.
We expect more of your input in this thread.
However, you don't need to get angry or try to prove yourself when people disagree with you.
We all disagree to agree.

RabbiDoracle:


A simple advice: research your topics well before presenting them.

The VWAP has few holes in them. And the arbitrariness of a reference date invalidates the VWAP exercise (one challenge using it).

U dey use ur head well !!

I recall I also highlighted a similar line(part in bold) to him here in the past.
I hope for his sake he also knows that;
1) The VWAP approach is not sensitive to trade size or market conditions.
2 ) Can be very misleading/unreliable when used in a highly volatile market environment.
3) Is usually effective only where there's low bid/ask spread, and tend to be erroneous/flawed when used with wide trade spread.
4) Is generally not good(has a very low precision) when used for large trades.
5) Excludes certain key drive... particularly market impact over time.

These are some of the reason why there's a higher chance that his N19 prediction on GTB will fail than come to pass. ...at least for now(current trend in view)

The problem with @ meshpips is that he seems to be engrossed in his technical analytical skill/ideas that he finds it difficult to detach them from reality.
...that's why he preaches certainty in everything he asserts.

I think he's good at what he does, but he needs to learn to isolate/discount his tech skill from certainty and align it properly with the trend at any given time.

currentprice:


that must be long time ago around last year when upl was one of the best in d mkt

Ok Sir.

Morning Sir. I stand by my words that you will not lose money. You only lose money in this market when you sell. If you bought Zenith Bank at 34 Naira and you have not sold you have not lost money. I have not lost money even in the face of diminution in the value of my stocks. Portfolio around 20% loss. The reason is that I have sold some stocks that have made up for the current loss. For instance my total investment now is 5k and the current market value is around 7k. This is in inspite of massive loss in UPL.

onegentleguy:


I beg to disagree with the part in bold Sir.

Regards.

onegentleguy:


. . . I think he's good at what he does . . .

Wow! This is coming from the same person that once called me a demented jack head.

I can see everything turning around.

Small small una don begin confess like winsh.

I still dey look.

By the way, thanks for the kind words. My head is "big - ing"

onegentleguy:


U dey use ur head well !!

I recall I also highlighted a similar line(part in bold) to him here in the past.
I hope for his sake he also knows that;
1) The VWAP approach is not sensitive to trade size or market conditions.
2 ) Can be very misleading/unreliable when used in a highly volatile market environment.
3) Is usually effective only where there's low bid/ask spread, and tend to be erroneous/flawed when used with wide trade spread.
4) Is generally not good(has a very low precision) when used for large trades.
5) Excludes certain key drive... particularly market impact over time.

These are some of the reason why there's a higher chance that his N19 prediction on GTB will fail than come to pass. ...at least for now(current trend in view)

The problem with @ meshpips is that he seems to be engrossed in his technical analytical skill/ideas that he finds it difficult to detach them from reality.
...that's why he preaches certainty in everything he asserts.

I think he's good at what he does, but he needs to learn to isolate/discount his tech skill from certainty and align it properly with the trend at any given time.

He needs to test his strategy to make money.

Where he doesn't make money, my dear, all na just talk but no substance.

We all have had what worked for us and we are still reaping from it till date, hence we stick to it.

If he understands his system and it still doesn't make money for, then he needs to rejig it or abandon it completely. But hubris is a dangerous attributes!

meshpips:


Oga mii,

what I do is NOT VWAP. I have said this time and again. I only said VWAP is kind of similar to what I do.

You can also go study about cumulative delta volume. It is also similar to one part of what I do only that I do not know how they obtain their volume at bid/ask.

The truth is that you do not need complex formula to survive here on NSE.

A good knowledge of financial analysis + decoding 'behaviour' via technical tools will reap as much money, if not more, than those using advanced formula/algos.

valentinenwoko:
Dear Current Price.: Fair price of UBA

Bros, forget fair price for now. Enter any bank your hands can reach even if na WEMA, JAIZ and UNITY.

arduino:

Bros, forget fair price for now. Enter any bank your hands can reach even if na WEMA, JAIZ and UNITY.

For real

arduino:

Bros, forget fair price for now. Enter any bank your hands can reach even if na WEMA, JAIZ and UNITY.

no body should follow this advice pls. don enter just any stock because of BULLish mkt. if u are in before now no problem just plan ur exit at ur target junction

if you are looking for stock to buy consider Dangote Sugar. the stock will surprise mkt soon

valentinenwoko:
Dear Current Price.: Fair price of UBA

based on Q3 i have 22.5 on my bedsheet

note, FP is for guide o, so build/discount ur traget exit price around it. one thing i know for sure is if the numbers used does not change for bad those fp will be hit , it may take time. patience is the KEY

and if good numbers keep adding Q by Q fp will increases. vice versa

Access that is flying has N2.55 as EPS for Q3 whilst UBA has N2.32. UBA is even more liquid in cash than Access Bank. So UBA is still a destination of choice but one should have bought since

currentprice:


based on Q3 i have 22.5 on my bedsheet

note, FP is for guide o, so build/discount ur traget exit price around it. one thing that i know for sure is if the numbers used does not change for bad those fp will be hit . it may take time

and if good numbers keep adding Q by Q fp will increases. vice versa