₦airaland Forum

marco74:
whats happening to nigeriansecuritiesafraid don catch me o!!my portfolio na -99%something has 2 be wrong somewhere??

You see am? I hope someone is not tinkering with the site. We go vex hammer d person o.

Belewu:
Pumping, question for u as a full CICO master. Do u latch onto a stock when the price is rising or dropping? Why i ask this is to verify if i have just been riding on luck for the past few weeks with Japaul, C & I (i never still sell am o!) and CAPOIL. Just a pointer for future CICO moves.

Who dash me a chieftaincy title reserved for Fof2? I no wan hear mutiny o 

I like that word "latch". I no dey buy stock wey dey rise normally and hardly sell one that is falling. I dey try latch onto a stock when buying a stock that is falling in price by setting a bid price lower than todays closing price. The success rate is just average though. For instance, I tried latching onto Platinum today at N27 but it never fell to that price so I know I did not get  ??

wanaj0:
Pumping, na wa for you OOO. na everyday man go dey wait be that because prices are new everyday

No major xteristic of FULL CICO be that o. No need to dey do CICO for stock based on yesterday's closing price. 5% can make the different between breaking even and making profit. Na real dynamic business model 

If Platinum drop today, na door wey bin crack yesterday, open today so.

WASKY-WAJA:
UBA have sound foundamental but the end of year is still very far, or am i missing something here ? getting into UBA now with a loan that will expire in july may be a good judgement , I know IBTC and PHB is still good. What is the best insurrance stock NEM or UNIC or LASACO? These 3 will not be doing PO soon. from this forum i have learnt it is no longer foundamental and technical analysis but should include sentimental analysis,

As na full CICO you dey, make you wait to see todays price list before you start to dey decide. Some new doors fit go open today.

@ty_ademolu - I feel your pain. Pele. Sorry.

I suppose whatever you do cannot rectify the current situation. You ultimate plan will be to get another broker of course.

I have to say though that someone already told us about a broker firm in which only the MD goes to the floor and if the MD is not around your orders stays put.

Come to think of it, some folks will not know if they could be in the same situation because folks usually deal with marketers and have no idea who goes to the floor.

If you could be in this situation, this is the time to find out before you experience something similar.

That was BTW. I think you should patiently wait for the next bull runs for this stocks and sell at that point. This one don happen already. From there, you can move on to another broker. Good luck.

Nicklee:
Hey All

Anybody has any explanations on the recently posted Japaul PO allotment? I can't imagine someone who paid for 51,000 units getting only 10,000 units while the other who paid for 50,000 units gets full allotment. Am I missing something here?

Please, gurus in the house, help shed some light on this allotment plan !!!

The same happened with Dangote Flour.

loma:
I do not have a crystal ball like LarryBoy,
Nor do I posess 'news behind the news' like WindyWendy
I cannot blow candles like AktopGun
Nor can I do murabazu like LondonCool

I do not claim to be a CICO guru like F02
Nor do I have daily bid positions like Kpineo
I canno do on-spot analysis like Pumping
I no dey resolute like Shigidi
I do not lay claim to Stock Marshal fame when we have people like Wanajo
I cannot talk of NSE history with precision like Frankiriri
And who am I to give tutorials like juggernaut Easimoni

I am no 'woman-like-man' where YodiYokun is concerned
Nor do I have the praisesinging-ability or humor of an Ololufemi

So I decided to go through this thread's history and do a combination of fundamental, sentimental and technical analysis,and come up with a prediction that you can take to the market tomorrow,whether you are a fundamentalist,bomber,or CICOer.

Based on the Hare-Khrishna Candle-light charts below, looking at the convergence of the Kamikaze and the Burakina at the confluence of a Valentine full moon , we observe a bullish run on this thread between Sept 2007 till date, with maximum capitalization reached in January on this thread.

Judging from the MACD-RSI buy and sell signals, I can safely predict that February will be bullish, with pages of posts on this thread exceeding 200 pages in February 2008 alone.

You too much jare!!!

Unity Bank on net bid ke
The series of news coming in the last few days tell me an interim result (or even a couple) will be surfacing soon. Quick quick jare.

windywendy:
Woodworks? LOL!!!   _{makes me think of those little bunnies dasing around}  

BGL has an online portal? Didn't know that! Anyway, I've never used it and wouldn't know if it's working. I send my mandates by email and follow up daily by both phone and email. I use FSDH more for my bigger transactions and they have an online portal.

Stocks for the 3 - 6mth timeframe?? Hmmm, that's the million dollar question innit?   I'll have to get back to you on that one.

BGL had an online portal but it's been down since November   Reason was planned upgrade but I no fit guarantee o.

Email alone works for me so far. Calls are only for queries.

The service has been satisfactory. No complaints.

What has been your experience so far?

yodiyokun:
@Pumping,

Do not say I told you oo.

However, tread with caution ooo - you now have to determine which ones are not ready to go yet. This is where we need instincts.

Aiico hasnt shown signs of slowing down - but It must experience turbulence by 6Naira, by force by fire.

Trust me. My eye no dey for insurance again. No be only TS fit worry that sector. _{Except Aiico and I must buy join the ones wey I get.}

yodiyokun:
On second thoughts, Insurance may be a minefield - but for those with iron liver, next week maybe a good time to enter.

My premise - They will not be stupid to go on T.S at the same time, we already have 3 on suspension, how many can actually come to the market at the same time?

Last year, the Banks timed it one after the other. I can't remember a time when more than 2-3 companies where in the market to raise funds, everything was staggered sort of.

My thoughts ooo, but may be unfounded.

This analysis is worth plenty of money o. Thank you jare.

upward:
@Pumping,
I hail-o, looks like this PHB flight is making a complete stop-over for new passengers? has dropped to a reachable heights, what says the pilot??

Zenith doesn't seem to have much more fuel in it's tank to go any further, even the PULL expected from the ELEPHANT doesn't seem to be happening as the elephant itself is running out of gas (abi it's just retreating to gather more momentum to fire)

Bank PHB - No comment. Which company be dat sef?  

Zenith - I don't expect much again either. Na wa o but I go still wait a couple of weeks sha. I don learn small patience for this game.

wanaj0:
ItWell, I learnt that Investment and Allied Assurance is doing a PP @ 2.10 per N2.00 share. that emans when it is going to be listed, you will get four times the units you applied for. Was able to get some @ 2.10. Now I am thinking of getting more but was told that it is now N2.60. I expect listing in couple of weeks. Anyone know anything about this company? Anyone interested?

I dey o. Make I chop better part of fowl like you jare.

wanaj0:
Dangote dey BUY and SELL to himself. Watch the meagre units being sold.
You are a fanatical fan of Japaul.

Depending on how much you applied for, it is not that bad. Look at FCMB, if you applied for less than 1m units, you get full allottment. So things are getting better with PO's

Ha ha. Una think say na only flour and Cement d man dey sell.  

I bought 20K of FCMB because I was being cautious. I was still a PO green horn (even floor sef) when I bought Japaul. It's the first time I ever tried this.

For Japaul, I applied for 260K units under 1 name so it wasn't good for me at all. Not complaining sha. Win some, lose some.

SavvyLanre:
Ye mo gbe o   - see as you yap oceanic finish. Walahi, i no go open door when you wan join , Aktopgun you no put mouth, see oga pumping o, he dey pour sand inside my Gari.  

I remain loyal o. Open door for man when the time reach jare.

For now, the crack wey dey one door don open finish today gbagada. Abi I dey see double?   Somebody don ask about the stock today sha but no be for my mouth dem go hear say teacher get witch.

Na to carry my whole body enter jo.

@wanaj0 - Thanks for that tip on Japual.

How you take know say I do the PO? This an first PO casuality wey I lose out to oversubscription. For a reason I don't understand it was done in one tranch so nothing for me  5.5% ke? Mo gbe o.

LondonCool:
Who is that sole punter who keeps on buying and selling Dangote Flour stock everyday since it was listed ? Is he a market maker?

This na how dem dey move stock prices go up. First there will be a net bid on the floor. No cap price. Dem go come just just dey sell a few units at 5% max price of the day until they are ready to off load. See Juli. See Transexpr.

bibiking1:
But once them enter that desert later in the year na camel win am o!

Chei!! You beat me there o!!

@SavvyLanre - The 22B shares wey Oceanic get go worry am o. Make we no compare Elephant with ketekete (Camel). Na only Elephant fit carry 22B passengers without shaking. Camel leg go just break patapata.

Watch as Oceanic go dey dance come down where she go become attractive again to be solicited for marriage courtship  

FatherOF2:
Hmmmm, ha, pumping don answer you sha on isolated cases.
But besides that one. Me no sure say na two weeks i talk oh.
0-3months (and everything in between).

If I read the man correctly, him dey refer to the theory say stock no go fit rise for more than 10 days consecutively.

@endure - Se I read you correctly?

Belewu:
Questions for the gurus in da house:

1. C & I - Bought at 9.39, price closed yesterday at 11.44 - Time to check out or still hold on?  I go comot o.
2. Japaul - Bought at 10.61, price closed yesterday at 14.44 - Time to check out or still hold on? For wetin na? For when dem announce allocation?  . Spreadsheet profit dey pain o.
3. Any info if unity bank would be a good buy? - It was never a good buy but me too follow buy. Na real high risk zone based on good result being announced before PO. Take the risk if you have the heart. If you are entering for the same reason N9 is still okay since you can still make 25% if wetin people think go happen.
4. Any info on where CAPOIL price is heading?
5. Any idea when share certificates for Dangote Flour are to be expected?

Na CICO i dey

I would appreciate any info on these

I don answer for d ones wey I sabi small for up.

endure:
Guys, guys, guys,

Am I d only one seeing this?

UTC has amazingly defiled Mr. FO2 theory of Forthnight CICO theory.

The Stuff has been heading towards Maiduguri without a break since the last
3weeks, it has within d last 3ks appreciated with about 77.10%, wondering if it will
Stop for a refill by next week. But I can't wait to have it before it slips off.

There will always be such isolated occurences. Na exception we dey call am. Dat one no invalidate the theory rara.

Just like Aiico and Deap Capital. The reason for movement fit pass CICO wey no dey hear word.

debenzd:
Latest from NSE, the elephank is slipping a bit. Too early to call but let's keep our fingers

Me dey listen when Wanaj0 talk say he go slip today o but as u talk make we still dey look. We sabi those wey dey wine and dine with Madam Ndi

bibiking1:
@ALL
anybody has any fundamentals on GROMMAC!

The TA of this stock is getting ready for some move in a couple of weeks!

Make una never enter yet O!
till i get the fundamental gist first sha!

Everything else dey but no results to complete the picture. I'm not even sure they've eve announced results.

BTW, the volumes are pathetic. Nothing sold at all on many days.

Naijadr:
pumping we dey same time zone, abi u no dey sleep abi na your NSE portfolio alarm wake up

I agree, I'm sure if I knew about UBA now, I would have held of purchasing in Dec and would have prob gained at least 35% elsewhere since then and then purchased now.

Ha. Not now sha. I no dey Philly. I bin dey Europe for the last 4 weeks and but should be back to Philly this weekend God willing.

SavvyLanre:
@Pumping - this one that you have yarn with all your mouth, about SCOA - how you go see am buy,  People go begin dey hold am,  Abi make i talk say you dey promote am since you don buy already,  chei e pain me, say i no see am before you yarn y'day.

BTW - all this noise about Oceanic 22.22B, elephant get 19.87B,  wetin make am different,  A fundamentally sound stock is sound. (PE, PEG still speaks for that stock) - Na me be conductor for that plane,  AKT continue dey fly, we go stop to carry as much as possible with the turbulence.

My man, u no go vex jare. I say make I talk am as I bin don get to buy small. Additional attempts to buy no gel so I just say make I share in case anybody get superlative broker.

My own broker don already earn him Xmas present for the volume wey he take buy for me so him must follow celebrate Sallah too. Since that day sha the volumes don shrink patapata wey total daily volume no even near the volume wey him get for me.

Mr. Risky:
@Pumping777,  nawaooooo  your statement no de complete againooooo.  You say "Better stocks dey for NSE in my own opinion that meet my objectives." As I de read de go, the next thing I saw was full stop  So which stocks at present meet those your objectives.  I know every body will like this my question.  I have one LOUD policy, if I must buy a stock whether for CICO or CICOCELL, it must meet my required list of fundamentals.  So when I buy, I give myself One Year, if any good thing happen before that period, I AM NOT ALLERGIC to profit  But to buy stock and expect the price to run by the following day and when it refuses, I begin to develop malaria or typhoid, I am not for that at all.  My personal experience has proved that if anyone buys any stock with good fundamentals, no matter how NSE disbehave, within one year, you must reap something.

So Pumping777, what are those stocks that meet your objectives right now.  I know GURUs are very cautious now.  Some even use Japanese  Whatever language you all gurus use, even speaking in tongues, we de de read una lips

The best way for me to answer this question is to let you understand why Oceanic does not meet my objectives NOW. I sold every unit of Oceanic I have in my trading and long term portfolios and thank God I did.

Oceanic is a sound long term stock. However, I don't want to buy a stock today if I can get it around the same price in a months time. For that reason I have no interest in Oceanic now. I will use my money for those stocks that if I don't get today, getting them at current prices go become palava.

So I no talk say Oceanic no be better stock o. They don't get any better but make I go catch the train wey dey ready to depart instead make I siddon inside coach of train wey dem still dey fix the engine

marco74:
oga pumping!whats your take on  ci leasing as it is.i've a substantial amount(bought in nov 07 @5.61).is it wise to stay for a couple more months??i ask because of what easimoni said about their unlisted p.o shares(?1 billion shares).your opinion will be highly welcomed.thanks

Stay only if you are following the plane go Australia. If na to chop, clean mouth I think you should be happy to sell now. The timing of the listing is unpredictable and you don't want to be caught napping.

My recommendation on CILeasing don expire o. N11 ke?

bibiking1:
Dude that was kinna risky!
Anyway NASCON is a ranging stock from now, the technicals will see it move up to 18.50k at the most for this week baring any "sentimentality". I would suggest you wait for it to breach that 19.00k resistance first before a genuine buy signal is triggered. As for the fundamentals i still think it has a good base. Just a matter of time.

As for SCOA, i think you have missed the early m orning train, wait for the correction before you reenter, you could get your fingers burnt if you going short term
PLEASE
@ FOF2, AKTOPGUN, PUMPIN777
anybody have any fundamentals on Afprint and Grommac!

You see we have to distinguish between reasons for bull runs. When a run is due to sentiments or just CICO, then you need to be sure you joined the train early.

When movement is due to fundamentals, it is not as risky as the emotionally laden one and as long as the stock is still undervalued, opt in. This strategy has worked very well for Ikeja Hotels, AG Leventis, Beta Glass and I predict it will work very well for Transexpr.

Correction will come for stocks in different ways. Stocks that are overvalued will drop in price but  those that are undervalued will eventually experience price increase.

A good example is CILeasing. The good fundamental here is the PEG. We had several debates about buying this stock as high as N6.50 in December due to the high PE ratio but folks eventually agreed that because of the growth rate, it was worth the price. The fact has been proven today.

See how Transexpr moved to it's current price. It was undervalued and correction in this case is in the price rising to it's fair value. If you get SCOA, abeg sell to me o.

loma:
On Vitafoam, are you advisin a buy at current price?  

I bought Nascon based on this  thread's advice at N16:40  last week . WHat do you see the price getting to?

SCOA ended today at 6.73  . Still a good buy?
Who has any details on ABC?

Good buy for me still. The problem is that suddenly the volume has dried up. I got a large chunk a couple of days ago and thought I could get more but that chunk is even much more than the entire volume sold today.   My buy order is still valid with my broker.

bibiking1:
@Pumpim 777

i am using 5 EMA so i can easily spot trends, and the 15 EMA to avoid fakeouts!

If i used the 5 with say the 10 the posibility of entering a false breakout would be high.
But if there was a platform that allowed the use of say 4 MA's then it would have been easier to watch trends more accurately

I don't understand what you are responding to. Abeg fill me in.

bibiking1:
@Pumpin 777

i don't think this is the best time to enter oceanic o!
I suggest you wait for the close of a few more candles
my 5 EMA is turning bearish over my 15 EMA,
even though the lower shadow on the last candle formed a spinning top, a few more days would definitely create a better entry point than now!
The bullish trend correction is not over yet

Oceanic ke? For wetin. Wetin concern agbero with overload? I can't recall saying I want to enter Oceanic. My friend that I sold at over N37 in January. I don comot eye.

The last jist I gave about Oceanic a couple of days ago was that the bull run of the last week will not last because of the 22B shares outstanding and we can already see the turbulence.

I have no plans for Oceanic for now. Better stocks dey for NSE in my own opinion that meet my objectives.