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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 8:51am On Nov 07, 2018
Mftivi:
I think BNK10 will get some relieve from here but I don't think appetite to hit C is there now, probably will get a failed trend X then we hit new low to make a higher degree WXY correction
not just the listed banks...the stage is being set for the index
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 8:43am On Nov 07, 2018
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 12:16pm On Nov 01, 2018
Agbalowomeri:


Cornwall how many moniker u get grin
Hmmm if humans can quite easily identify patterns in styles of posting, wonder what AI would be capable of. There would be no hiding place, AI would take it from a forum like Nairaland and scan the whole internet and find you wherever you've posted grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 11:34am On Nov 01, 2018
Agbalowomeri:
NSE should introduce shorting
Meat everywhere grin

to retail investors
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 7:12am On Oct 31, 2018
phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/24337_FORTE_OIL_PLC._FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

Owners of the company 2018 vs 2017

9 months - N2.234B vs N652.5M (342% increase)

Eps - 172k vs 50k
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 7:05am On Oct 31, 2018
BullBearMkt:

...if DF falls further, Technically, there is likely to be a pause around N6. If this doesn't hold then the next juncture is N4.90.

Stock market is about the perception of investors about the fundamental of a stock
grin grin grin grin grin

I was actually thinking below N6 at around N5.50
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 7:02am On Oct 31, 2018
currentprice:
http://www.nse.com.ng/Financial_NewsDocs/24258_OANDO_PLC_FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

grin

Profit attributable to Equity holders 2018 vs 2017

9 months - N4.014B vs N1.119B (359% increase)

Q3 - N1.035B vs N178.222M (581% increase)
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 12:00am On Oct 19, 2018
Agbalowomeri:
The normal behavior of the crowd is to mill around, make noise, and
go nowhere. Once in a while a crowd becomes excited and explodes
in a rally or a panic, but usually it just wastes time
This is about guidance, isn't it?
The normal behaviour of the crowd is to mill around, make noise, and go nowhere - simply put, there is no guidance
Once in a while a crowd becomes excited and explodes - This is when they see the light and follow. Therefore guided
But usually it just wastes time - since guidance is very transient and also infrequent, this describes the outcome of general crowd action
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 10:49am On Apr 20, 2018
MM are targeting 9.40 for entry. The price should get back to 9.85 - 9.95 by monday and then another rally...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 10:45am On Apr 20, 2018
mercylicious234:


It is a pity that is the only thing you remember about me.
I am sorry.......

@ all, I did not get any notification, but note that I visit the thread once in a while like once a week or two weeks.I have never been away but invisible most of the time.
I will need to follow nse back to back for like 3 months before I catch up of the trends.

When I get info on other fora I am active in , I come here to confirm, cos onegentle guy is always ahead with info.


On a lighter note, the short termers waiting for Zenith bank price to surge should rethink again. Zenith is in the habit of churning out good results , but the trend is that the price doesn't rally after result publication ( except that has changed now) . It is a trend for some years now.


#whatdoiknow?


I am good o... wink

Welcome back!

Regarding Zenith I believe in a few days it should get to 29 and retrace a bit (profit takers from 26). But overall the journey has already begun.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 9:23pm On Mar 26, 2018
Yayira:




500 million wat ?! Hahahaha so this is where they want to get the money they’ll invest in Japaul. grin

Very funny!! grin

“Milost Global Inc wishes to reaffirm its interest in the Nigerian market and to also state that it will soon be releasing the first and second drawdowns to Japaul Oil & Maritime Services PLC to the total of $21 million in a combo of equity and debt."

I wonder when and how this will affect the share price?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 9:01pm On Mar 26, 2018
“Soon after the story broke, Milost started receiving threatening emails from a gentleman who says he is politically connected to the powers that could shut Milost out of Nigeria if Milost didn’t terminate the Unity Bank transaction."

“Milost Global Inc wishes to clarify this due to the repeated unprofessional conduct of Business Day Nigeria and its incompetent journalists who are failing to verify facts and communicate with all sides before print and this has led Milost to take legal action against Business Day Nigeria and their journalists Iheanyi Nwachukwu and Lolade Akinmurele. Milost Global Inc will be filing a $500 million lawsuit against the three before the end of the week."
https://www.businesspost.ng/2018/03/26/milost-terminates-1b-deal-with-unity-bank-plans-500m-lawsuit/


Interesting read smiley

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 2:14pm On Mar 26, 2018
I wonder what is delaying the Skye BAnk result being that Emefiele is in charge?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 3:40pm On Mar 23, 2018
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 2:35pm On Mar 16, 2018
When I thought we would be carrying 1.74 to next week - then this happens

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 12:58pm On Mar 07, 2018
mendes911:


They are saying we do not know the value of Japaul Oil. A very rare gem...

Talking about gems the investment is to target the mining subsidiary of Japaul. what is the book value of the company? This could give an insight where the price will eventually get to
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 11:40am On Mar 07, 2018
Talking about Japaul. Kindly correct me if I am wrong.

The market value of Japaul @ 50k is N3.13Billion In dollars that is $8.7million and then Bloomberg says "Milost will invest $250million in equity"

Is this investment not more than 20 times the value of the company??

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 9:56am On Mar 06, 2018
yok:
MSCI ADDITION FOR 5 MARCH 2018/GENERAL MARKET COMMENT

MSCI ADDITION FOR 5 MARCH 2018/GENERAL MARKET COMMENT

Need to tread with caution. The fund's action looks unstable comparing what happened on Friday with yesterday's action. Yesterday’s action definitely indicated that the fund took some money out.

In my personal opinion, I am taking a little step back from the market to think out the next line of action. This may be a period of "no action is the best action" (at least for some few days or weeks).

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

Are these not the same guys that sold off all their Seplat? I doubt if they have any special Info
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 11:19am On Mar 05, 2018
Is Diamond bank result ready??
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 6:59pm On Jan 31, 2018
Zhirinovsky:
Yea that's what I'm asking how to go about it. Shebi I don't have to leave 2 separate funds in the 2 account.cos I don't have money to fund the new account separately. Please how can I do it?

Hmmm... this is not a bad idea. Actually it is a brilliant idea!

We can call it the Stock Market Single Account System (SMSAS or just SAS for short)

Investors deposit their monies with CSCS.

Sign up with any number of brokers they like and trade under their house.

And if there is some problem with the broker’s platform, you simply log off and logon to another broker you are already registered with and trade continues because your funds are in a single account controlled by CSCS

This will drive competition amongst brokers (since they will like investors to execute under their house for commissions) and provide security for investors funds.

smiley

13 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 2:14pm On Jan 30, 2018
fxuser:


lol

there are some full offers u buy , and some full bids u sell into .. . its not easy to offload a tanker cool

wink
Full-fledged member

#NSE Tankers Union

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 11:43am On Jan 30, 2018
bolabiyi:
pls I need an update on bid|offer of Skye...tanks
sorry
8.6m on bid; 4.0m on offer
highest bid 1.50; lowest offer 1.54
Today’s change +4%
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 11:31am On Jan 30, 2018
RabbiDoracle:


NSEMPA is bearish grin grin


And it soooo pleases you...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 11:26am On Jan 30, 2018
Manonamission:
Dem don shake me comot Diamond o cheesy grin cheesy Chei!!!

Thank God say for Transcorp I no fall for am

Make una no vex o. Make una allow me enter back. I no go misbehave again. The journey is still far. grin
Retracement Profit Takers grin

will probably happen again at the Resistance... watching Skye bank
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 12:46pm On Jan 25, 2018
DeRuggedProf:


Do not insist to catch a market bottom.
You are safer starting the race after 5-10% solid gain.... grin
This is the time to use a microscope to search for PIN BARS.... grin

Obviously you've bought some shares today... Diamond? Skye?

We can't all do the same thing, some of us like market bottom grin grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 1:50pm On Jan 24, 2018
salanda:

Actually, looking at the charts, we shall see again tomorrow

I think we should prepare to take position on Thursday and Friday
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 1:36pm On Jan 24, 2018
Yayira:
you shall see again no more grin
Actually, looking at the charts, we shall see again tomorrow
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 2:05am On Jan 24, 2018
https://www.proshareng.com/news/People/Oando-Plc-Appoints-Alhaji-Bukar-Aji-as-a-Non-Executive-Director/38131

The appointment was rather fast.

I guess Alhaji Mangal will now make an expedite request to withdraw his petition to SEC.

How long will it take SEC to lift the suspension? By next week?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 3:05pm On Jan 23, 2018
RabbiDoracle:
Guys did you see what happened to the offer volumes in Diamond and FCMB

They just disappeared during closing leaving just less than 2m as the offer volumes. grin. So what happen to the offers tomorrow Surprise!!!

In Chess, this is called " The Vera Menchik attack".




I think we should ask @currentprice... what happened? grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 2:49pm On Jan 23, 2018
onegentleguy:


...I know my 'foreign hot money brothers will not let me down !! grin grin
Be careful it probably will do 5% max tomorrow... Today's volume is extra high like it was on the 19th with Diamond Bank

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 12:09pm On Jan 23, 2018
Coolcash1:
Fidelity, FCMB and Diamond on full offer.... grin

Shook ones grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by salanda: 11:50am On Jan 23, 2018
Your Transcorp data seems accurate but OANDO is definitely not!

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