₦airaland Forum

fxuser:
have u updated your charts !
u wud notice its now clear its a retracement not a reversal

nsebank:
https://invst.ly/5eakk

Agbalowomeri:
After checking your grammar with my dictionary and trying to reconstruct your sentence, I still no understand wetin you talk. So if na curse you dey curse me, e no fit pain me because I no understand

fxuser:
its a fake full offer !
more like accumulation ongoing !

BullBearMkt:
@robobo, you're not totally correct sir/ma. I am not abandoning the ship, though have not been actively posting like before. My last post was on Sept 21st where I alerted the forum of possible NSE reversal; NSE has since rallied gaining more than 1000pts (35207 to 36320)!

Sometimes it is more honourable to learn from others and contribute where/when necessary than to do the talking all the time!!!

Always available if my contribution is needed. Thank you.

DeRuggedProf:
Robobo, I have been around reading and reflecting on your informed comments on this forum.
It pays to listen and pick/sieve extra terrestrial market signals once in a while.
Talking degrades listening.
Any action you continuously take without a conscious break will break you....
Agba's perceived monopolistic hijacking of a 'coke bottled' Eve on this forum is a non legislative item....

@Fxuser, I keenly read you daily.

fxuser:
lollx chai !

fxuser:
all charts show support intact
but its not a breakout until it closes above prev ATH

Agbalowomeri:
Me wey be comedian, wetin be my own na?

leo1234:
What's the chart saying about UBA?
I noticed it went up by about 10% this week.

Agbalowomeri:
Because when these politicians enter with their wahala, forget all these support and resistance and other technical languages

But I think December to July is still relatively safe, then we wait for the election bear

fxuser:
technically index needed the breather after a very bullish steep prev quarters
a very healthy pull back is very good d index going fwd !
we still very far from a reversal ! Index still up 30% jan !
Mkt just needed to take some back and consolidate
Some stocks even with the ''deep'' pull back are still well over 50% ytd

fxuser:
bargain hunters have 3 wks left before Q3 !

fxuser:
Good news
- Sept ends this weekend !
- Congrats to all survivors

Manonamission:

I'm actually more interested in an outcome that would favour the minority shareholders. I'm not sure which outcome favours them either Wale loses or wins? At the same time, I am disappointed in his contenders. They don't seem to have done their DD properly hence the reason it was easy for SEC to arrive at the decision to allow the AGM hold. More like their arguments didn't hold on technical grounds. Mangal acquired shares surreptitiously thereby flouting a rule (don't know which now). Wale claims he should have declared it and then demanded for accounts clarification if he needed one. The other guy just be like the rest of us now. Na container of shares him carry but them no sabi am for the company

In all, it's a good development for us all. More revelations of dealings expected in the coming weeks.

Disclaimer: I don't own Oando shares

Manonamission:
You can't be sure

dipoolowoo:
Reps Order SEC to Complete Oando Probe in 2 Weeks
https://www.businesspost.ng/2017/09/27/reps-order-sec-complete-oando-probe-2-weeks/

Bukar Now Chairs Senate Committee on Capital Market
https://www.businesspost.ng/2017/09/27/bukar-now-chairs-senate-committee-capital-market/

mendes911:
Can he

fxuser:
let it go. . seems its on a reversal path

Tritri:
was even praying for oando at 5 ..maybe this is an opportunity ..am waiting till then...if not ..then might sale and move on.

BullBearMkt:
UBA
-Selling mood, but looking for buyers
-Now within trading zone for possible reversal
-Long term support is at around 8.10

Zenith
-Check my post on Zenith yesterday morning, I think it is still valid, a nice pullback will be a good entry

robobo:
Oga Fxuser and BullbearMkt

Wld appr8 if u favour me with the technicals on UBA and Zenith

thank you

fxuser:
Issues
- tough finding support, SP down over 40% from 10.50 high
- very strong retracement (its reversal wen its down 68% cc: robobo)
- lower weekly closures, with falling RSI levels
- plenty flags ..
- wud be interesting to see if dat support area holds

#justObserving

Intendy:
stocks with new 52 week lows

mobil oil #165.01k

NCR #6.97k

no new 52 week highs

EchoLima262:
Full bid?

fxuser:
- I only ff banking index ohh ..
- 6 weeks PB thus far but RSI still encouraging. break below 420 is a major FLAG

Chibuking81:
Own by different people, but same in behavior.
Ordinary share holders are not benefiting from the company.
Transcorp owns Transcorp hotel, but the latter was caved out and listed differently without giving the share holders in the former a part, and still own by the same group of people in the management,
Transcorp rises from 50 kobo to #6 due to the earning of their hotel.
But when their hotel was listed differently, this action forces the price of Transcorp to fall from #6 back to 60 kobo, and the hotel still remains above #5.
Is this not cheating, Oando has similar attitude.

Oando even worse, both their ordinary share holders and the real owners were both kept in dark.
No benefit in terms of dividend comes to them for some years now, while some of their MD were busy allocating themselves with high remunerations, living large and owning other investment.
If you doubt, ask UCHESON, if you can reaching him.
I hope, the young man didn't suffer HBP.

robobo:
Regulator War: Wale win round one, more rounds to come

Media War: Stlill Stalemate: Wale fights back via family owned channel (Nation)-- Ongoing -- No Victor No Vanquished

Market War -- Loadinggggggggggggggg

fxuser:
Still a retracement , a break below support or prev lower low or swing low becomes a reversal

Biggest pull backs in Aug

- NSE Oil & Gas -11.37%
- NSE Industrial -4.69%
- NSE Banking -2.36%

#bleeding

fxuser:
- umm desperately looking for support . .
- d further the trend gets extended , d lower d probability of continuation. next bump shud likely form a lower rsi level leading to -ve div on d weekly ! we wait and see !
- but a break below support , we out for good ! #CantShout

boldwet:
http://thenationonlineng.net/sec-clears-oando-agm-holds-scheduled/