₦airaland Forum

sellydion:
WAPCO not so exciting. Technically sick to attract funds,the stock is in a fallen knife state, who wants to hold it ?

sellydion:
WAPCO not so exciting. Technically sick to attract funds,the stock is in a fallen knife state, who wants to hold it ?

fxuser:
Nice one

Ovamboland:
What fundamental or sentiments is likely to change in Diamond bank to warrant price appreciation, or conversely what can likely go bad with Fidelity to drag down its value?

veecovee:
I read that they closed yesterday without extending the closure date, is this early closure not a sign of success?

emmanuelewumi:
Since I started trading on the Nigerian stock exchange, Lafarge Africa right is the largest right and public offering, it has the shortest duration ie just 3 weeks and no last minute extension of the right offer and also the most secretive.

RabbiDoracle:
Should I move wapco for you guys

BullBearMkt:
...I normally look at both short- and medium terms

currentprice:
the quoted post below was even before Q3 released i.e opinion based on Q2 and i still stand on it

the Q3 result even worse. with about total browing of 280b. no single operational cash

as for the fairprice, based on Q3 it below N30

pls note: new report may comes out 2morrow to value it above N100 but as at today based on my system i can't buy it more than N20plus

it better i miss it than buy to hold on HOPE against my system

maishai:
Anything in the range of >15% and I will rollover my tbills

sky2891:
Please, house your advice is needed urgently.
I have about N15m units of Niger Insurance. My broker wants me to sell at 30kobo cross deal. I am indecisive about it. I have few information not enough to make any decision:
1. Dividends have been steady except 2016 Dividends which were ploughed back into there working capital, 2. some assets were also sold to boost working capital and 3. unreliable source also had it that Imo state governor invested heavily within this year.
Please, any more info/advise to aid my decision.

leo1234:
See them.

Currentprice can you please post something nice about Niger insurance. One of our members is about to sell 15 million units @30kobo. Let's help him and move the price to 55kobo. I heard this thread is now the price mover in NSE.

locodemy:
My brother.I have good units of this stock.why not worry for such a huge transaction.
what of if the buyer decide to have a controlling hand on the company and later reconstruct our shares for his own good.Reason with me.I can only feel relax if uncle T is still incharge.He must protect his company and shares.

RabbiDoracle:
In my opinion ooo, Larfarge dey shadow of DC. You fit use am do RIRO.

I just dey enjoy the Guinness. At least I go.buy gala and lacacera with loot.

BullBearMkt:
Diamond
-just textbook show of daily strengthening stock
-nice volume today (68m), better if it occurs at breakout
-weekly outlooks are bullish

Transcorp
-trying to establish bottom on daily at 1.30 with bulls charging high today, another bullish day tomorrow to confirm bottom
-volume desirable
-weekly looks neutral

Flourmill
-buying and selling ongoing between 30 -35; just need power to move above this price
-weekly, monthly outlook look bullish

emmanuelewumi:
I don't know, but I am taking my right and buy additional rights

emmanuelewumi:
Flour Mills is coming to the market in the first quarter of 2018… for right offering in other to deleverage.

sellydion:
See where price is coming (at the very top) from compare to the horizontal line. When price touched the line buyers kicked in and drove the price up but they could not drive it up farther to or more than where price is coming from before they lost the momentum to the bears,

The bears drove it to the horizontal line quickly than expected. At the horizontal line a few bull tried to move the price but they could not succeed

at all . The bears are in control . They are more likely to move below the line having beating the bulls.Unless the bulls do something great at this point , expect a break.

sellydion:
WAPCO is more twisted to the down side , most likely there could be a break down.

The stock is losing steam to the up side.

BullBearMkt:
...know your risk (how much are you ready to loose in case the price continue its downward journey). If you're planning long term, about 3 - 6 months, then it is ok. For short term, I will expect to see reversal signal before buying. Best of luck

BullBearMkt:
...simply put:- where buyers will see the price cheap and increase their demand for the stock

BullBearMkt:
...wapco sitting on long term support -a break below is dangerous while reversal to upside is highly desirable

BullBearMkt:
...wapco sitting on long term support -a break below is dangerous while reversal to upside is highly desirable

BullBearMkt:
ARE DANGOTE SUGAR AND UNILEVER MAKING A COME-BACK?
Dangote Sugar seems to have found its support around 14.0 and with bulls taking charge in the last 2 trading days, it is an indication that Alhaji's Sugar will be a good addition to an investment portfolio at a good rate.

Unilever on the other hand is displaying accumulation as price is falling and the last 3 trading days have been impressive as the bulls are better of the bears. It's own support is at 34.20. A good entry price can add more green to a portfolio.

PLAN YOUR TRADES AND TRADE YOUR PLANS.