₦airaland Forum

GBAM.that is the point my brother. He is just Adamant and postulating what I cant understand.

PETERiCHY:
Negative divergence or not just agree that you left the market too early. Most stocks has gained between 15 to 30% from your exit price and are still oscillating within that price range.

Humm,

The whole market just hit a resistance. If this is not broken, down it goes.

We are waiting for it to break. Then the market move on. I am in strong stocks and

my margin of safety is quite good. No shaking or panicking here

RabbiDoracle:


There was a strong negative divergence on banking stocks TA. You won't understand.

Agba saw it last week. FXUSER knew about it 2 weeks like I did. While I was talking ' half empty', FXUSER was talking half full. Though that is how TA works at times. Most of the breakouts were just to trap people.

I'm sure BBM must have seen it as well.

WAPCO has to defend the cross of a round number 17:00

Mcy56:
Normal trading so far............
Pullback witnessed early in Wapco at btw 16.90 and 17...

Jamace Drybone must rise again

Mcy56:
You have Austin too?
You know, I had to go and search for it self, that where is it listed? I now saw it under equity.
The volumes are crossing.
Newbies, OYO is your case if you buy without knowing what informs the crossing.

locodemy:
Onifa will soon go on exile though he is looking for what to lay hands upon.

PETERiCHY:
Onifa and his war mongers rightnow

Now at 17.45

locodemy:
10.85

Suddenly everyone is now romancing Wapco.

Mcy56:
You know, I actually did a quick run on wapco now and discovered it was trading around the N40 region as at mid 2018, and N50 region as at 2017 despite the lull in the market.
Just wondering the type of "illness" that brought it this low.

Caveat: Not to be interpreted as anything pls.

Justice have been done to this several times I think pluto did a wonderful analysis if I could remember.

No retracement at 16,50 in view. You can always buy more.

Bomboclad:
i have had long-term funds in WAPCO more than 6 months ago. However, based on what i see, it would drink water soon after a likely massive jump.

Brother, I no see any retracement. It is already done. We are moving higher.

WAPCO is about to break resistance on weekly. Key in if you can.

Bomboclad:
I remember saying that WAPCO would get to N16.5 or higher, before retracing and moving upwards of N18.....hmmm!!!

OBAGADAFFI:
UACN : %102.80

WAPCO : %19.18

Patience is the King

Please remember me in your kingdom

Mpeace:
Access Bank. Some of us are destined to swim with the tide.
Not selling a unit.

When I learnt making money is different from proving right, my profit improves.

419 of a man and his assistant.

Anyway there is wisdom in it especially in this market.

kolaish:
MONKEY HUNTING

In Zimbabwe, a man appeared and announced to the villagers that he would buy monkeys for $20.00 each. The villagers seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $20.00, and as supply started to diminish, the villagers reduced their effort.
He further announced that he would now buy at $30.00. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms.
The offer increased to $40.00 each and the supply of monkeys became so little that it took so much effort to even see a monkey, let alone catch it!
The man now announced that he would buy monkeys at $100.00! However, since he had to go to Jo'burg on some business, his assistant would now buy on his behalf. In the absence of the man, the assistant told the villagers, "Look at all these monkeys in this big cage that the man has collected. I will sell them to you at $80, and when the man returns from the city, you can sell them to him for $100.00 each." The villagers came together with all their savings and bought all the monkeys.
Then they never saw the man or his assistant, only monkeys everywhere!

RabbiDoracle:


People don dey buy monkey!

Go down low!

Peteru, you won kill somebody ooo

PETERiCHY:
Rightnow those that left the party too early

My Big Guy, Which one come better pass

godlyguy:
If you aren't in UCAP and WAPCO yet... It's still not late... Get into the WINNING TEAM... Something is cooking sweet and delicious in the DUO

THE BIG SMART GUY

Agba should not worry too much as long as GTB is leading the pack. UACN is going places

Keep seated.

fxuser:
- Good start to d week
- Early price breakout abv prev week always good continuation

#bullishStruvzzz

Humm! why you dey vex!

When you hit Us we are not complaining brother ooo

RabbiDoracle:
Na you get time to reply people. Let them have any impression they want to have.

Okay. No problem. It is well

currentprice:
@ sellydion, Oracle I know is not jijo person. I think he sold to buy more quantity with the proceed later in the year. It is a calculated exit with his forward looking event that may likely tank d mkt this year. Hope he is wrong sha cos I am fully inside d mkt like every one here

The previous fidelity he sold around January 2018 was held for about 4 years

;

@CP,

Oracle style of trading is different from Agba. I observe he is an expert in JIJO. He calls for many BULLS causing a lot of bull traps for those that followed him. When the actual bull came he bailed out prematurely due to his style, he should not encourage newbes to follow suit.Very dangerous style when you can not deceiver when the environment has changed. Peter called it quick ejaculation- I laugh

Agba, combines TA with FA, UACN is an old stock, the historical pricing has usually been 17-21 Naira. When you bailed out at N8 for a stock like that, you are leaving a lot on the table. Agba is aware of this, he does not want that to happen. This is how serious money is made.

When the market is on steriod , it is different ball game when we are in a choppy market. Agba had been a fundamentalist before adding technical, making him a well rounded trader.

The caveat given by Agba should be monitored, though the level is strong, but I am seeing the market breaking it to the upside. I would be watching price action like hawk here using GTB as a barometer. If GTB stall its movement, then expect the market to have a temporary halt or a takover by bear.

currentprice:
i can bet my portfolio Agba never sell anything

i predicted on this forum what Agba will BUY even before he announce he bought UACN in first week of January

if i no sabi anything i sabi read Agba and oracle mind/body language well well, all my stock investment strategy build around them

Agba still have uacn in his porfolio though he mention N20 to be his selling junction but he will sell before the N20 except if the mkt pointing to something great, if that so Agba will likely hold uacn beyond this year

oracle concentrated on banking portfolio he sold all or left with insignificant stock in his portfolio. i no blame him cos if all this cbn policy affect banks to declare reduce earnings with less dividend compare to the previous year na die be that plus the event around the world he believes it time to hold cash so those saying oracle is looking to reenter the mkt are very wrong, not at this time oracle selling shouldn't be surprise even when he was jn bullish mood yet keep cautioning investors on d possibility of QE , devaluation, world recession etc coming soon this year. he took d risk of holding till this year self i expect him to hav jaaa since December

finaly those two can joke but doesn't deceive

Where is our friend, Rabbideoracle hope you are still on standby waiting for Chibuking strategy

Finally released from ban bot.

location please

Okay

rebekah2011:
The merger of SA business with Wapco to form Lafarge Africa was never a mistake. It was deliberate. Whilst, I must commend their decision to spin-off this unit to give the Nigerian shareholders a sigh of relief. I am still not convinced that the business can take on Dangote Cement in the interim. One can test the waters with one hand if the FOMO is an issue.

Why comparing with Dangocement? Merger is for enlargement.

When percive enlargement turns sour- then a mistake has occured.

Willie2015:
Zenith coming bck to 19 - 20....
We will reload at that junction...
For dividend....

of course nothing is imposible.

pluto09:
The attraction for me is the restructuring......

The loan repayment is not only due to right money, the South Africa operation has been spun off which gave them the opportunity to excise about 140b third party foreign loan from their books...

A reduction of about 200b from 266b in a space of 9months is not moimoin and call for excitement!

The reduction in revenue is mainly due to the exclusion of SA operation which is a blessing in disguise. You will notice that despite the drop in revenue there is an increase in profit which signifies efficiency and that is positive....

The eps is good compared to others in the sector when you calculate the p.e from operational profits. If you now factor in the profits made from spinning off of the SA operation, that is a bomb

Also check the equity for 2018 and September 2019, that has also increased significantly

They still have some hurdles to cross but I want to believe they are on the right path..
Most of the loans in their books are now the cheap ones and can easily be managed.

Note; the SA operation has always been a drag on Larfarge since that marriage was made and it was a misadventure.

Thanks you for better analysis, I am buying more of WAPCO

godlyguy:
THE BIG SMART GUY is here

Hey He has arrived the bull must break the roofs, the Messiah of the BULL

rebekah2011:
I do not yet understand the excitement around Lafarge Africa. The repayment of loans it has made this year was down to the rights of 89b and I think about 10b from operations. The implication is that the balance of the 64b loans as at September 2019, how will they be able to pay this asap. The operating profit before tax is not robust enough to pay the loans asap. The coy has to find a way to generate more revenue than it is currently doing. However, this should not deter anyone from making money from the company as there are plenty of sentiments around it. The declining revenue should also be a source of concern to the shareholders.

It is like loan chopping unit/ Division is unbundled. It also seems the contribution of the unit is poor. Looking at the consideration (non cash). Investment is about future what happens from now on having taken this decision is what now matters.

wanaj0:
Do the PFA's have N500b NEW cash to invest that will cause this month long bull run? After the month long bull run what will happen? 11 month bear run?

Eku market

Humm, answer is in the chart. Anything could happen. One should just stick with what price is saying.

The FPI could takeover, market could fall yakata, who knows tomorrow