₦airaland Forum

DeRuggedProf:
This is meant to be understood within a very tight context.
It is not every time your enemy offend you that you rush to war - TIMING.
Chose your wars too. Not every enemy must be fought. Some will fade away with time, saving your weapons.
Even the U.S does not act that way for very obvious reasons.
The truth remains that TA tells you when to strike that sound stock (TA cant point a sound stock for you).
TA is a friend to every stock. FA chooses its friends.
FA gathers intelligence for smart TA wars.

FA + TA = Money. If the bold is well managed.

currentprice:
I agree, FA with little knowledge of TA is good.

for example despite all the cheap cheap stock FA pointed to this days. when i check chart yesterday i got weak immediately

Very scary Chart. TA is saying not yet time to be in the market, if you are in it expect more down side.

FA is saying if you are already in this market at this LEVEL ( Undervalue) don't sell your good stocks hold it.

Agbalowomeri:
You just have no business being here if you do not understand some TA, even if you are FA guru
My humble submission
Note: I have argued in the opposite before

The painful thing is that the fanatic FA guys are the loudest

FA simple tells you which one is good or which one is bad.

TA simply tells you when to act ( buy or sell or wait) depending on market behaviour.

Frawzey:
Its a project that aims to see the trends in the NSE. There are a lot of these abroad but none in Nigeria. So I hope to create one.

Thanks.

No further need.If that is your only purpose. A number of sites have that even in Nigeria

OGOg:
I think implementation of the new minimum wage will bring temporary reprieve to the consumer goods sector pending when we get out economic policies right. It's like reflating the economy.
If the current trend is not halted many businesses will collapse or leave the country just like in the 80s and 90s

Until the government starts to protect our heritage in this country noting will change. China is sending them out of market. Access to Yuan or what is a bait. Competition is getting stiff per day with Chinese products. Some of our manufacturing companies will collapse very soon.

Mpeace:
I don't like Aiico.

This is an insurance company. Risky managers

Okay my brother, nice night.

currentprice:
which comments o brother

you are good to go if u are ready have ur long spoon to dine with the cowboys.

be ready to give more share of profit to non controlling interest member

cc FO

cc oando

Your valuation N1.80k and etc.

My forward target is from N3+ within this period.

@CP,

I read your comments on Transcorp. Hmmm!

I am in for 5m units, holding for the next two years max.

aremso:
skye second loading

Diamond has become smooth. It is time to sleep with one eye opened

NSE all the way to south~~ Chi-bear welcome.

Hmmmm!

Mpeace:
Zenith touches 22.
Transcorp reaches my target sale price, time to offload, but I must confess it was a bad jijo. Traped in here for over a month.

Humm, Transcorp? why selling. JIJO is getting trapped. No Plan really bad JIJO

Jejebabaa:
NSE is not a place people should go long esp during a bear market. There is no point fighting the trend, I am guilty of that also. We are lucky this time that oil price helps to protect our forex exchange rate. I was a victim of 2014 crash and learnt my lesson in the hard way. Some of us were hit in double fold, our portfolio was down by almost 50% and our naira assets also lost another 50% compared to dollars esp. It was terrible for people who had their living expenses in forex. Imagine, you changed ur money at 160/$ to buy NSE stocks in 2015 and the same stock lost 50% and more.
I remembered buying FBNH at 10 naira in 2014 fast forward to 2015, FBNH went to as low as 4 naira and naira started trading at more than 400/$. 1 million naira that was $6250 then bought 100k units of FBNH then, if u sold at 4 naira to meet unexpected expenses in $ then, u will end up getting $1000 if u changed it then at 400/$ which means ur $6250 investment then turned to $1000, that was 84% loss in capital.
It's better imagined than experienced. This was just a case study then. I will never do long term of up to 2 years in NSE and I won't fight the trend.

Jejebaba, This could not be the whole story now, I bought at N10 too. Average down to N7.5k, I was heavy buyer then. Having more than a million units. I collected dividend of more than N1m in the course of these years. I rode the draw-down till I got to 15% negative of which I sold,to quickly join Dangote Flour which I view cheap during this bull 2018, I got more unit in the process. I rode dangote till 17 naira. I eventually sold between 16 and 17. See my dear, different ways to profit in the market. In bear market do your due diligence and buy very low. Sell when the company become overvalue. W. Buffets do sell over valued companies. He was only patience during the period the under value company stays under.

Comparing Dollar to Naira will not work. Do your biz in Dollars earn in Dollar. Do your biz in Naira earn in Naira QED

stcool:
Things like this is why I always stated that we are better off in this forum discussing mainly investment and stock education. But many quoted it out off proportion.

You are right !!! the pages are full of irrelevances our education on the market has turn to personal gossip.

Many actually come for different reasons not to know how to trade or invest but to abuse. We need to be more discipline than this.

Agbalowomeri:
Has Dangflour not sold under N1 before ni? Has fbnh not sold under N3?
This is stockmarket o, all stocks are worth 20kobo on NSE; whatever prices they are selling now is based on positive or negative perception QED

wanaj0:
But in Nigeria, the investors know that there is no 'issue' with election. The risk in 2018/2109 is much lower than 2014/2015. In 2014/2105 you had a North vs South with associated tensions while 2018/2019 it is likely a North vs North.

Just read a report that the total foreign money in the market is only about $10bn. Our reserve can accommodate that I believe.

@Wanaj0, thanks for various analysis. I strongly believe that, what is happening is beyond election. Anyway something must happen before something else happens. My opinion is that it is not a time to stake fund. It is time to watch and allow the market to wiggle down. The way the candles are looking is terrible with bad momentum no slowing down in view yet for NSE.

''The most common cause of low prices is pessimism—sometimes pervasive, sometimes spe­
cific to a company or industry. We want to do business in such an environment, not because we like
pessimism but because we like the prices it produces. It’s optimism that is the enemy of the rational
buyer .
.
. we simply attempt to be fearful when others are greedy and to be greedy only when oth­
ers are fearful''

W.Buffett

Mpeace:
De pumping and dumping move has been completed. Info reaching me says it was a very successful operation.

pluto09:
If q3 is good, the price might not come down soon.

I could be wrong though as the market has a mind of its own.

You are more likely to be right the stock set up is robust

Rebel Stock.

Air Serve refused to follow market trend?

fxuser:
not bad
- bearish big caps
- semi bearish / consolidating small caps
- all setting up nicely for future gains

Thank you my Brother! When you are here,

we are sure we won't miss road!!

maishai:
mr yok, aside msci any other major fund managers(fpi) you know of ....
pls post links

Guys put your eye on trancorp. Get your sharp cutlass ready at the right time.

Those guys will create the market when the time is ripe.

currentprice:
started moving away

Real moving away, perilous time is here

Deadlytruth:
At the risk of inviting the monkey hunter label, I'll say I have been having a premonition that M & B could cut loose soon.

Haaba, Which monkey hunters label? Say your own and move on.

Most of the JIJO masters are no longer around.

Emotion no gree dem stay. E be like say, once you don give broker your money

dey look am as expenses.

fxuser:
CI Leasing
- out of sync with d general mkt , another 52 wk high

Very strong MM

DeRuggedProf:
Our people say that when you keep hovering around a pool of water, there is a greater probability that sooner than later, you will take a sip..

We shall see

RUN! RUN!! RUN!!!

currentprice:
any strategy that involve worth of a stock, stock valuation is the best. i posted the advice when i saw most of the stock move above their fair price. the rest is story

cc yeriya

Agbalowomeri:
Buffet strategy will likely not give the same outcome in NSE; guess that is what he is saying

NSE could be better The Guy further comment is something else

Deadlytruth:
For a coy to give you 100-200% capital appreciation based on fundamentals improvement alone could take up to two years. Coys which give such percentages within a few weeks to 3 months mostly do so on news of buy over by a foreign or local investor, or some other news eg. DF from 78Kobo to N6 between February 2016 and May same year; M & B from N1.30 to N 6+ within 7 weeks early last year, etc.

You are right. However many people jump about looking for 15%, 20% and 10% all over the places. It is okay when the going get bad they start to make a lot of awful comments.