₦airaland Forum

mendes911:
Keep your eyes on FX inflows, for that only can bring back those big headed bulls. Else, we go remain like lepka until CBN shakes bodies.....

BullBearMkt:
Oil may have found its bottom, now ready to rally or range...

fxuser:
- the only deal sweeter was d sale of oil asset to Oando cowboys for over $1 bln usd faaa just before oil crash and Naira deva

- u can still hear their laughter yrs after

DeRuggedProf:
I only wish to learn lesson I can live to tell others about.
I hate tales that others do on your behalf.

fxuser:
IMO:
- 50 is popular , u can use 40 , 30 , 25 , 100 any number dat suits ur style . there are no guarantees to d returns
- d shorter d tighter
- d longer d slower
- its helps to reduce noise and over trading
- its lagging so u its never bothers about catching d bottom or top ... but its gives u d meat in d middle
- funds managers like it because its nt easy for them to move large funds in and out
- note that each stock behaves differently, when the stock is not trending , it does nt work well
- i think understanding trends shud be d corner stone for investors or traders, it saves time and removes bias

Now:
- do some back testing, use different MA's and different stocks and observe d behaviour, how long they stay above the line and calculate d returns.
- if u want to go a step further , chk out ichimoku, its great for trending prices

#OneLove

Cadillac15:
Beautiful result but it won't appreciate year end result

There is a big tax waiting to be absorbed.

2018 fy likely to be lower than 2017.

Agbalowomeri:
Both Zenith and Guaranty dividend may actually decrease next year

fxuser:
Brent
- 3rd time rejection at $79/80 levels

Agbalowomeri:
Are you really sure they have not left? That January was suspect with the benefit of hindsight

awesomeJ:
I know his projections are for the NSE ASI.

I'm just trying to point out that the market may have just advanced past some price levels.

Quoted companies are recording record revenues and earnings-much more than the 2015 levels, the local currency is currently worth just about half its 2015 value, yet we expect prices to return to 2015 levels.


Personally, just as we know there's nothing to drive the market to a 45k bull, I don't see as well, anything that'll drive it to a 30k bear.

The economy has better hopes now, than it did in 2015, and it's been said, that the election ish is overrated. I agree to that.


That's my thinking you asked for.

awesomeJ:
Sir, just for knowledge's sake, what's this projection based on?

Imminent currency crisis, declining companies' earnings, or just.....

There have several been booms and busts,
yet we may need another global crisis to see the Dow below 20,000 again.

fxuser:
short term bullish, breaking back above the 50dma
next test is the 200dma ard that 3.3 /3.4 level
been a green month with price above last month open & close (engulfing)

Agbalowomeri:
You still dey look for charts?

fxuser:
buyers tore that wall lol

fxuser:
Index Watch
Monthly TA
- Jan was d last green monthly candle
- Followed by 5 Consecutive lower monthly closures wt index testing below 37k
- June is a Doji month at the 38.2 fib level
- any move or close above 38,100 in July will giv d first green month since JAN ***
- if that fails , na 35,000 levels we de go
- still a few days to go before we close H2

https://invst.ly/7uey5


hmmmmmm last one sent it on 4 month uptrend the one before that on two month.

if this doesn't do same thing that means things don scatter

Mpeace:
CEO just resigned.

fxuser:
Chai
soaking that over head loss carrying positions no easy !
bottom buyers are not worried

TLAX:
A total of 1,141,191,943 units of Stanbic IBTC Holdings Plc were done as an off-market trade today at N 53.75 in eight deals.
The deals were negotiated cross deals between Stanbic IBTC Stockbrokers Ltd as buyer and Rencap Securities Ltd as seller.

Total Trade Consideraton – NGN61.3bn ( $170mn dollars)

RabbiDoracle:
Jollof rice.

While people are running away, some core investors are increasing stake.

TLAX:
This is to inform The Nigerian Stock Exchange that Stanbic Africa Holdings Limited (a wholly owned subsidiary of Standard Bank Group Limited) and parent company of Stanbic IBTC Holdings PLC (“Stanbic IBTC”), has recently acquired an additional 1,141,191,943 (one billion, one hundred and forty one million, one hundred and ninety one thousand, nine hundred and forty three) ordinary shares in Stanbic IBTC Holdings PLC in an “Off-Market” transaction.
With this acquisition, the total percentage shareholding of Stanbic Africa Holdings Limited in Stanbic IBTC has increased by 11.35% from 53.09% to 64.44% post this transaction.
The above is for information purposes only.

rebekah2011:
Madam, please cool down. The FDIs are not in any Country to do father Xmas. They are here to make money. A number of us do not want to admit to certain things because it is against our stock move. Let us be more cautious so that we are not trapped. There is demand pressure on Forex. Foreign investors will like to repatriate their funds. It will be foolhardy for anyone to ignore the political risk too. Stocks cannot continue to go downwards, it will always rebound at a point. Let's trade cautiously so that our school fees will be moderate and commensurate.

fxuser:
daily boss

fxuser:
Trends

- When the 50-day moving average pierces the 200-day moving average in either direction, it supposedly predicts a substantial shift in buying and selling behavior. The 50-day moving average rising above the 200-day moving average is called a Golden Cross, while the bearish piercing is called a Death Cross

- The 20-day moving average commonly marks the short-term trend, the 50-day moving average the intermediate trend, and the 200-day moving average the long-term trend of the market.

- ''most'' not all stocks hv broken all 3 MA's , its one thing to read about such breaks , its another thing to see them happen

For more:
http://www.newtraderu.com/2012/01/24/ten-things-traders-need-to-know-about-moving-averages/

skimanski:
Proposed 3 Bedroom Mini Duplex
Building floor Area. 121 Sq.m

GROUND FLOOR
Guest w/c
Main Living Room
Dinning
Kitchen
Store
Home Office

FIRST FLOOR
Master's Bedroom
Boy's Room
Girl's Room
all rooms ensuite.

gloriousdawn:
Net impairement loss on Loan & Receivables for banks is droping significantly.
Remember that this line item have been a major bleeding item for the banks.
2018 looks promising.

Jejebaba:
Flat result.

rebekah2011:
I am a he ooooo. Have it here. http://www.gtbank.com/wp-content/uploads/2018/03/FY2017_InvestorCall.mp3

rebekah2011:
I doubt this. I listened to the call Conference of both banks after the release of their Q4. You cannot but be impressed by the way Gtbank clearly outlined their direction for 2018.

rebekah2011:
https://nairametrics.com/nigerian-firms-may-get-foreign-backing-to-acquire-2bn-stakes-in-petrobas-africa/ Is oando buying this?