₦airaland Forum

hw abt for zenith next resistance nd support?

thank u appr8 ur response

@ bullbear @fxuser

wats d next resistance and support for UBA considering it just broke out of the last one (i.e. 5.20)

Thank u appr8

BullBearMkt:
Always Remember...

hello Chief how do u define " value zone"

hello chief not issue really just that the place remain undeveloped / habitable for a long time compared to other estate bodering it. i had not been there recently though however i hear little development had started happening there mayb that would help accelerate its coming up

called ur line bt it wsnt available. which side of ilasan is this? is it at the back of elevation church / romay gardens? if so hw far is it from elevation church / romay gardens?

robobo:
reversal already on
full bid
price crossed 15 DEMA though still below 20 DEMA


I missed the ride.
im in though at higher price

riders should be careful though it cld reverse again
market marker just reduced the power of the reversal breaker at N14 from 17m to 9m
note hw total bid figure went down by half in few seconds after crossing 14.5

DeRuggedProf:
ON FULL BID ALREADY!

reversal already on
full bid
price crossed 15 DEMA though still below 20 DEMA


I missed the ride.
im in though at higher price

fxuser:
Zenith
- this pull back still in effect !
- big red candle stick
- rsi dropping , macd dropping
- Expect a break below N15 , -ve sentiments still at play
-

Hello Chief

pls what is the next support and resistance price points for Zenith

same as for NSE Index

thank you

hello chief do u still have this?

fxuser:
Ucap
gravestone doji !
na to find new support remain

Hello FXUSER please kindly help with the technical signal on UBA and Zenith

skimanski:
No it cant.
The design is sitting on a 1,100 Sq.m Land

ok thank you appr8 ur response

Intendy:
go with the EPS.Iike you rightly posted there,you said you think which isn't bad but what of if the taught is wrong?
That's why I play on the safe side.At this stage of investment,i would rather not buy a stock than watch it tank.My capital is the koko,I can't watch it dwindle
I AM VERY PRONE TO ERRORS TOO

ok thank you

appr8 ur response

Intendy:
my ogas here who go with fundamental investing should try and use q3 of most firms (discounted by 20% for all except banks which should go by about 30%)
then see if the stock is worth investing in.
my oga no vex I go reply your mail o.just over busy all tru with various events

Hello Chief

what are we to discount? EPS or SP?

i wld also appreciate if you share your tot on d reason for d discounting (cos i think most upcoming negative headwinds are already priced in at current state)

robobo:
hello chief
can a 648m2 corner piece do the four family units here?
if not whats d dimension for everything?

hello Chief

wld appr8 ur response on this

ExLaidback:
People on this thread don't really go through results. They just check the PAT and that's it. I'm not of a Finance and Accounts background but some of the basics are there to read for whoever is interested.
Like has been posted before, which is not news, FX will be this biggest player on most bank results this year. FX gains/losses and loan losses
GTB (the almighty bank) in it's Q2 had to add FX translation gains to it's PAT (instead of under OCI as ZIB and UBA did or else it would have declared a loss for the 3 months ended June) due to very high Loan impairment charges. That's one of the most stable banks. FCMB did the same thing. So these are banks wit good NET FX Assets.
Now imagine banks with Net FX liabilities (rather than Assets), also having high loan loss to deal with this year. My take is this: for any bank whose Q3 you are expecting, just check the Q2. If there was a considerable increase in it's loan loss therein don't expect anything too fantastic in Q3. If even worse, it has a net FX liabilities rather than Assets, you might even want to sell because there'd be nothing to cushion the rise in loan losses (except cutting down drastically on operating expenses, I guess).
Or what do you think?

the fact that some things are in d opening and glaring does not mean it wld be seen by everybody

good job

fxuser:
Proj Q3 pbt
- GTB >100bn
- Zenith >100bn
- Access > 50bn
- UBA <40bn

#imo #safeHaven

hello chief

what informed ur opinion that UBA wld ve <40b for q3 result when it already has 32.6b PAT and 88.78b total comprehensive income as at q2?

wld appr8 if u share so i wld not be blind sided

skimanski:
Proposed 2 Units of 4 Bedroom Semi Detached Duplex.

GROUND FLOOR
Ante Room
Guest w/c
Main Living Room
Dinning
Kitchen
Store
Guest Bedroom

FIRST FLOOR
Family Lounge
Master's Bedroom
Boy's Room
Girl's Room

hello chief

can a 648m2 corner piece do the four family units here?

if not whats d dimension for everything?

skimanski:
9m x 20m

ok thanks

What is the title on d land?

which side of awoyaya? going to epe (mayfair / greenspring side) or coming from epe?


how develop is the neighbourhood?

skimanski:
more Photos

Hello Chief

please whats d dimension of this build?

zendi:
To maximally accumulate all the bargains abundant in the banks sector right now, you need to start breaking the very banks one by one.

.

i cant possibly ACCUMULATE ALL THE BARGAINS IN THE SECTOR. if i can i wont be here.

only pointing out that his post could possibly move the cheese before i can shoot.

i stick with what works for me.

to each man its own.

jideflash:
caverton is at a 52wks low; N1.15k ( the sky is falling), meanwhile they are building a world class MRO facility- hope they tap immersely from this market. ($3bn Spent Annually On Airlines Maintenance – Experts) http://leadership.ng/news/cover-stories/549941/3bn-spent-annually-on-airlines-maintenance-experts
Also i think zenith is a hidden gold mine , they refused to include the fv revaluation in their half year result which was still impressive, for better risk management. which gtbank has already shown in theirs, causing their historic profit result. So i can only imagine when zenith convert their fx assests since the official fx rate has changed (maybe in their full year result)
wetin i sabi sef. not a recommendation ooo..
www.fits.com.ng

you are a bad somebodi. why are you letting out this zenith secret. you wan put sand for my garri abi (i still dey look for money to accumulate it). and please dont mention any other bank with same secret oooooooo. at least not until i get money to accumulate.

Hello Chief. i sent u a pm i would appreciate a response
any luck on this your request?
i drop the link on the thread of a structural engineer

@ Opalu you mite want to take a look at the link below

https://www.nairaland.com/3226074/cost-foundation

i would collect my commision if u get the job ooooo

joking though i wouldnt mind following the project if you are able to get the job

debeey87:
I sacked mine over a month ago when I became privy of the charges too . Morgan has some cool advantages I must say particularly this premarket tnz. Most platforms don't do it yet.

Please chief how do you view the pre market on Morgan?

Intendy:
resistance.

ok thank you

Intendy:
oga,different strokes for different folks.
some look d glass as half filled,some see it as half emptied.
all what is happening is something I personally expected but I'll advice that people should hold on tightly to their good stocks bought @ good prices and dispose bad/good speculative stocks if you've made profit from your position.
eg Oando fair value #7.6 (based on q3 result) could break this but MR Market is always right
the market is @ a stage of all man for himself, God for us all

Hello Chief
would appr8 if u explain this "eg Oando fair value #7.6 (based on q3 result) could break this but MR Market is always right".
resistance or support break?

fxuser:
High Volume Sell-Off in Nigeria ETF
http://finance.yahoo.com/news/high-volume-sell-off-nigeria-200044430.html
chart here:
http://www.nasdaq.com/symbol/nge/interactive-chart
From Monday, Naira priced bonds & stocks will drop massively in dollar terms, so for chaps holding the Nigeria ETF quoted in usd, its a time bomb about to happen on Monday. Once the trial period is over and people trust that the new system works . . $1 buys a lot more than before
IMO

And between yday and today when dey sell wont the seller be holding naira currency (if he is running away from naira asset)? or am i missing something from your narrative. would appr8 if you throw more light on your thinking