₦airaland Forum

DeRuggedProf:
When you put money in a stock, liken it to having ALL your documents in a car 'without a fire extinguisher' (where the only fire extinguisher you can use is the rain which you have no control over both in terms of volume and time) (You don't determine price movement).
If the car suddenly catches fire, what will you instinctively do?
Embark on a futile search (wait) for a fire extinguisher to quench the fire and save your documents or to take out your documents.....

Classical as always

Oga i beg pls dont let all these analogies go to waste

Document Pleaseeeeeeeeeeeeeeeeeeeeeeee

cld give u immortality

N.B Please allow me make the above bracket adjustment

DeRuggedProf:
We are close to PLUTO09's gate....
Never chase an enemy into his territory...

Dang Sugar

fxuser:
i wish boss ! i truly wish
Stanbic may want to pay most of its earnings as interim and test that forex window works
South africa don tire for nyjer wahala loll
heheheehe

u a very correct here

dividend history payment support your assertion

Though full year wld now be abysmal

i dont know how that escaped my radar

DeRuggedProf:
Birds of prey everywhere.
No one wants to blink first...

Hence Thin Volume

fxuser:
Playing musical chairs
- Ucap, Afriprud
- UBA , Access
- Fidson , May&Baker
- Fidelity , Diamond
lollx

#JustObserving

musical indeed

wish Zenith wld play same with GT

but seems Stanbic has taken over as the Dance partner to GT from Zenith

or what do u think?

DeRuggedProf:
If you are conversant with a rice mill area, you will notice that after setting fire on the mountain of chaff during dry season, it keeps burning intensely underneath late into the very heart of the rainy season.
An inexperienced person feels that since it is rainy season the fire has completely quenched, only to step on it and discover later in hospital that help is not always close...

When you start seeing companies like DAAR releasing results on time, know that someone is getting broke and smelling prey....

.



deep quite deep

@ house

wld appr8 if someone can help with the constituents (stocks) of the Pension Fund index

thank you

BullBearMkt:
...@mercylicious234 I want to take exception at your statement above. All my potential entry plans were posted here ahead of taking the trades. When I joined the forum, I even posted my exit points, but I later tot different people have different profit or loss targets, that is why I stopped given profit or loss target. My philosophy of life is that "the sky is too wide for birds to freely fly without hindering one another" - which may be different from your own perspective of things.

As posted earlier today on Dangote Sugar, if price comes to the highlighted area, on Monday or Tuesday this week, by His grace, I'll be in except my order is not triggered.

#PRACTICE WHAT YOU PREACH

Broda u nailed it perfectly

abt 7b pple in the world. if we are all propelled up to touch the sky at the same time we would all leave our ten fingers as a print on the sky and there would still be the size of the Pacific ocean left untouched.

what drive humans are base thinking (which u term as perspective). our decision and actions are derivatives of our perspective.

i believe the opportunities out there is so vast (and inexhaustible) that i dont need to pull anybody down (or deny them of their share) to achieve mine.

fxuser:
UBA
Weekly chart
https://invst.ly/4mxly

Zenith
Weekly chart
https://invst.ly/4mxng


Both:
Weekly RSI in oversold levels . Great



Both closing above 2014 highs on d weekly
Watch Opening price above that weekly close
Just sit tight
Both always pay dividend

Dis:
Have both , very heavy in Zenith.

Thank my Oga i appr8

robobo:
@ Oga Fxuser @ oga bulbearmkt

kindly help with the weekly chart (as at today close of week) for

UBA

ZENITH

NSE


thank you

My Oga (Fxuser and BullbearMkt) i wld appr8 ur help as per above

thank you

@ Oga Fxuser @ oga bulbearmkt

kindly help with the weekly chart (as at today close of week) for

UBA

ZENITH

NSE


thank you

DeRuggedProf:
My opinion: The result may not change at the end,Oando will still get it, but wheels will get oiled in the senate.

.

without encouraging corruption, i entirely agree with u on this

the senate is only acting as a road block so that they can get their "perceive" share of the cake

locodemy:
A child who does not listen to his fathers advice regrets when the father is dead.
There are few people here we should not neglect their advice.
We shall see if we have a fake rally now or not sooner than later.
Hold your cash and wait until all results are released and start taking position from sept but una no dey gree with me.
Those of you with Afriprud,hold it tight but i will come and join you guys at 3.00.

.

Their is nothing fake about this rally

sixteen str8 days gain is quite phenomenal by all standard.

The rally could also stop tomorrow (as guided by minor resistance arnd ASI 38140 as stated by some Oga in the morning. N.B we are still at 37133). That would not necessarily make it fake but wld just be obeying the normal market cycle of a pullback which would always come at a point in time

except you are saying the rally is fake because u a not in it.

zendi:
Oando has better hedging deal than Seplat,
but nobody knows what bermuda triangle swallows all the money.

lolllllllllllllllllllllllllllllllllllllllllllllllllllllllllll

ol boy u no go kill person oooooooooooooooooooo

na real bermuda triangle

mayb dat is y oando registered a subsidiary in the bermuda (as reportred by sahara some moons ago).

so that the profits can be well swallowed

lollllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll

BullBearMkt:
...my style of entering of trade is not to pursue price making new highs, I would rather wait till it comes to the value zone on daily while the weekly is still actively bullish

.

Thank you

BullBearMkt:
...thanks boss, you've nailed it all! Expected "minor" resistance is close 38,140. Technically, momentum is in favour of Daily, Weekly and Monthly NSE data, so there is high probability of further upside.

Oga Fxuser

thank you appr8

BullBearMkt:
UBA
-Testing all time highs since 2010
-Support at 9.50
-All timeframe showing bullishness... (daily pullback to support will be a good entry)

Zenith
-Testing 3 year high since 2014
-Now on resistance level
-All timeframe is having good momentum to upside

Thanks Boss

my interpretation of ur response to UBA is that it is entering into uncharted territory (particular as per the last 5 years), which in itself has a high probability of heralding elevated volatility (as the birth of all new things brings with it a lot of disruptions). kindly correct if i am wrong

BullBearMkt:
MARKET GATHERS MOMENTUM AHEAD OF WAVE 5
Since the minor pullback of NSE ASI in the first week of July, market has witnessed low volume to push the price up. However, market reinvigorates itself by providing the necessary "power" needed to commence Elliot wave 5. If the increase in volume as witnessed on Friday is sustained, overcoming resistance at 34,350 will not only be easy, but it will also introduce the beginning of wave 5.

From Elliot waves rule, wave 5 which is an impulsive wave is expected to be longer than corrective wave 4 but lesser than wave 3. It is expected wave 5 will likely take NSE ASI to 2-year-high seen in April 2015 or above.

What is needed to accomplish this are more momentum and "energy" (drink) - volume.

Gradually, July 2017 is proving the statisticians right that in a bullish environment, July is likely to be more bullish than bearish. However, August is around the corner and statistically it is the most bearish month in the calendar year since 2002. In a bullish condition however, August has a 50% chance of ending bullish but in general, the chance is reduced to 27% based on available data since 2002.

PLAN YOUR TRADE AND TRADE YOUR PLAN

Oga Bullbear

against the background 0f your above contribution, may i ask what is the next minor and major resistance and support level for the NSE, UBA and Zenith
@ Fxuser i wld also appreciate your contribution to same enquiries

thank you

FLAKARIBE:
2.5L 2006 is best, all bugs sorted out.
V8 is good, but thirsty
If you must do "v6", avoid the 2.9 matted to a 4 speed auto gear prone to trans failure, however the year 08 and above 3.2L engine you can do.

You only live Once, why not take a risk and enjoy life at its best...do not let the fear of the unknown limit your goals and objectives.

Stay blessed!

Hello Flakaribe

how about the 3.2L 2007 how is that compared to the 2.5L 2006

DeRuggedProf:
We are sensing aroma outside the kitchen for a very long time, but the cooks are refusing to come out...

Oga D prof

i beg make dem neva come

make the aroma persist
if them come now the food might not be as sweet as the aroma

biko i beg let the aroma persist

we can continue to use bread or eko (local solidify pap) to eat the aroma

and use water wash down the mixture

stcool:
I have a problem with huge increase in domestic retail participation that is not commensurate with Foreign and Domestic institutional for the month of June. Read inbetween the line.

I hope its not what am thinking.

kindly share ur thot on d bolded

pluto09:
Which kind yeye result be this. The nse should stop accepting bad result for now, make all these 'cobweb' companies no come spoil the bull run with thier never do well result

.

i support your motion

Oga Intendy shld help pass this resolution of this honuorable house to the NSE with immediate alacrity.

nothing untoward shld be done to truncate this rally i beg

locodemy:
Make una enjoy.i go join una for wave6 possibly sept/october and it will run to December.
once again make una enjoy while the offer lasts.

.

Oga Loco i beg na God i take beg you never mention wave 6 at all

i beg make u let this 5 run well well before u even start to mention that name
biko

@ Oga Fxuser @ Oga Bullbear

what is the technicals saying on UBA and Zenith

OakPearl:
It will interest you to know that those figures for UBA have changed dramatically with the latest share buy back.
Meaning you will have to redistribute the earnings to less than the 2 billion shares bought back from staff share scheme.
EPS has increased, meaning dividend per share too have every tendency to increase likewise.
The market is revaluing UBA accordingly.
People of God, this is not the time to sell your UBA if you have.

.

hello chief

what in ur opinion should the revalued price of UBA be? (i understand u a not mr market, just want ur opinion and reason for arriving at such)

PharmAlfred:
How come Transcorp with almost no EPS is trading that high? Why is Eterna PLC condemned to perpetual sub #4 even with their good shape?

What drives our market most is sentiment and perceived return on investment in the short term.

Imagine what the price of Oando will be if they gave half of what Conoil is giving. I bet it will be trading above #50

thank you so much ur examples help drive my point better. The determinant of prices on NSE goes beyond the EPS (of UBA vs Access) the original poster was looking at

holm:
Access - Q1EPS (90K), Price N10.24K

UBA - Q1EPS(69K), Price N10.41K

Life is quite similar to a plate of peppersoup

mayb d market is looking at who pays out more. You might want to consider that also.

in another instance. how abt GTB and Zenith that have nearly the same EPS and a price differential of close to 60%

DeRuggedProf:
The falcon cannot hear the falconer...

Discl: I am not here.

.


looking like that


and the only consequences of such is fatal to either both or at least one of the two

DeRuggedProf:
Why allow someone else to fill your empty check when you have your own pen?

Classical as always

DeRuggedProf:
Swinging your hand as a living being is no achievement, but when a dead man blinks an eye inside the mortuary, you may not wait to confirm..

Classic again from the one and only Prof

you might want to consider documenting all these ur nuggets for posterity

They are succinct and drive home the point without fuss

and if i may ask what was your thesis / dissertation for ur doctoral

DeRuggedProf:
No Be Small Thing

my broda na really nbst

i just hope its not fake

fxuser:
UBA
- this full bid nbst
- 59m units ! !

wats nbst?