₦airaland Forum

currentprice:
i have no single unit of honny well o

this result is flat but yet nothing do honny well it a good result. there is still honey in the well

based on this Audit result cp fair price move up to N5.60

reason for the full offer is simple i will tell later

Oga CP,

Atlas Mara has eyes for something big, I am following up with their acts in UBN. Please, what is the FP of UBN?

Also, teach me how you estimate FP apart from the basic EPS comparison and book value method.

I always do my DD.

Smart guess:

Volume of valueless posts is directly proportional to the itchiness of the fingers.

Volume of valueless posts is also inversely proportional to the portfolio size.

What I am trying to find out is the relationship between volume of valueless posts and gains / losses....

Agbalowomeri:
Zenith na 15 naira stock

Are you for real, I bought at N27.00 and jumped out at N26.50.

I may have to wait for a while then.

currentprice:
i have no single unit of honny well o

this result is flat but yet nothing do honny well it a good result. there is still honey in the well

based on this Audit result cp fair price move up to N5.60

reason for the full offer is simple i will tell later

No wahala,

I will open my mouth at sub N2.00

currentprice:


babee it suppose from 2.40 to 2 and u no day drink 333 now

Lol! I beg it is a funny day... people posting all manners of figures

Thank God I sold all my Honeywell Flour before this full offer of a thing o!

Wonders shall never end!

currentprice:
Honey well at a glance

CP,

Please, I am waiting for your FP for this stock. It has always worked for me.

Truth is the result is a bit flat IMO except for a few indices.

locodemy:
I know Tritri.
I don't know you.
Its not a laughing matter joor.
I suspect he has something in common with DEZIENI.
Hold Tritri,the woman will show face.

Lol, I may not even trade again for 1 full year if I make that kind of profit.

tritritri:
I'm 20% down in DF..and dat over 15M in loss... but dat nothing compare to my profit of 80m plus total 2017 alone..talkless of JAN 2018 profit....as at now..i only loss my JAN profit..if i sale..


I stop posting here when i notice members r happy when ur in a loss position and i wonder isn't it part of stock market ?


Who eveer wanna laugh/mock me should think well.

We have something in common... Just that I deal with B instead of M.

mendes911:
I will be listening to "Wyclef Jean - Gone Till November"......

Bro, you are not alone o. I am right there with you.

fxuser:
diamond
- just 40kobo above its 52 wk low but N2 away from its 52 wk high

#interesting

- new traders think , wats d big deal about buying low and selling high lollx , they will soon realize it's far much more easier to sell low and buy high


lollx

This is so true, and it happens so fast that one thinks he is doing the right thing at both times.

God help us.

hyness:
Yesterday i bought Honeyflow at N2:30 and it ended closing at N2:20 for the day. This morning i panicked and sold off at N2:31, within like 5 seconds somebody came and cleared orders to N2:39. It is now on full bid at N2:41.

Such is this market, you take your eyes off your screen for a few seconds or take decision within a split seconds, the price change.

Market is so unpredictable. I have tried to figure out a sequence but it seems this year chart reading is for the masters.

I am gradually leaving the market.

onegentleguy:
On going Portfolio Rebalancing by some Asset Managers (mainly PFAs & MFs) in view of the expected NSE bi-annual market review of certain sectoral indices.
STERLING BANK may likely replace DIAMOND from among the 3 musketeers of FCMB, FIDELITY and DIAMOND.
Also, 1 of 3 not-so-fundamentally sound coys will likely be among the best performing stocks in 2018.
...1 or 2 unknown coys may likely spring up some surprise this year.
...4 penny stocks are also in the race to bring about some astronomical returns this year !!

Next week would be interesting as it could give us a bit of a more clearer picture in this regard.

We continue to observe.

Any hint? But I hope it is not Caverton or Aiico??

bigjay01:
My favourite holding period is infinity. My NEM average cost is 58k

Oga,

You must be a holding company then...

onegentleguy:
Some folks are probably in the 'NSE room' just to make money for brokers.
...People really need to understand the basics of price/volume swings and dynamics.
One of which is that its unwise to hurriedly exit a stock whose current day low is higher than its WAvg and Ref price, and its highest bid as at the time also higher than both its day low and Ref price. (presently playing out in 2 penny stocks)
...especially when its a fundamentally sound coy.

Thats why oftentimes there are regrets after exiting a coy.
No one is perfect, but people should learn to do better.
...otherwise u will only be making money for brokers.
...and those who have the basic idea will continue to benefit from ur psychosomatic behaviour.

Just a pivotal piece of advise.

True but people exit for different reasons.

Momoney54:
Going by the cycles, I have seen so far. Some big pocket is driving the price down to be able to load. I will join the wagon and gently wait for the results.....Let’s see what happens...

How deep is that pocket?

4 more weeks of "kalo-kalo" before the great August bear arrives.

Chibuking81:
https://www.google.com.ng/amp/s/oilprice.com/Geopolitics/International/The-OPEC-Agreement-Puts-A-Floor-Under-Oil-Prices.amp.html

With increment in crude oil production/ output agreement, which will take effect from 1st of July, there will be fall in crude oil price again.

Thanks a lot. I wish I was trading crude oil.

If we prospered in 2016 & 2017, we will definitely prosper in 2018...

mendes911:
I thought about that too. That offloading started after that their recommendation. What's TRW's fair price for HonyFlour again?

Very true. Why do these analyst lie to the public.

Same thing happened with Diamond Bank, Maybaker and Fidelity. They just publish irresponsible forecasts.

Bull on its way. I just saw it run past now.

currentprice:
my oga, u know i like to base my decision/prediction on what i see until Q2 comes with explosive numbers/reports then i will include it on my watch list..

though caverton increase earnings from 2017 Q1 6K to 2018 Q1 9k but what was the share price as at Q1 2017 N1 and as at Q1 2018 price of N2.90 so what do u expect? reason the price nose drive

So much is expected from this coy called CAVERTON. I want to benefit from the play before result comes out. By the time the results come out, there may be nothing left cos 2018 market is quite proactive.

currentprice:
how?

honney flour could release their 2017 financial report any moment from now. it will take a magic for the price to reach N7.62 unless a general BULL. base on Q3 cp fairprice stand @ 3.50 could move to 4.50/5 or even lower that of Q3 fairprice depend on the result sha

wanaj0:
IF Honeywell Flour get to 7.62, the exchange will COLLAPSE.

I will be surprised if the Full year result sustain the Q3 result. Go to the shops and see there products sold at a discount to the competitors. That will show you that there is likely margin compression. The result ought to be out latest next week I believe.

Thanks CP & Wanaj0.

Any info as to the status of their new factory in Ogun state? Have production started in earnest and can the new factory inclusion boost their bottom line like it did with Fidson?

phemmie06:
Trw stockbroker

Yes o,

Is the fair price of Honeywell flourmills any where near N7.62 as predicted?

I seem to appreciate the analysis / figures aside the debt matter but I am tired of stagnancy or stagnation.

Ogas,

What will likely be the effect of this budget signing thing from Mr. President?

fxuser:
Weekend Reading
- if ur interested in Market psychology , chk out Mark Douglas Videos on Youtube
- long but insightful

Some Nuggets / Lessons covered are
- Winning and being a winning trader are two different things
- Mental skills are the key to trading
- Technical price patterns aren’t designed to tell us what ‘will’ happen next
- By accepting the random nature of trading I can produce consistent results
- Think in probabilities, not certainties
- Mind has to be free
- It’s not about being right or wrong
- Your beliefs systems determines how u see things and interpret them . . . and be be lo

#EidMubarak to our muslim traders in da house

Oga Fx,

Thanks for the videos.

It seems this whole trading is a science to and from you. I hope to learn a lot from you as time goes on because sometimes to me, the market favors my gambling activities more than my scientific and chart studying activities o.

#Diamond Bank.
#FIDSON

safepaulooo:
Bros na wave 3 we dey expect so ooh. After this wave, na to your tents ooh. Wave 1 na May/June 2017; wave 2 na January 2018, wave 3 go soon show. No miss am ooh.

Only a miracle can cause the bolded to be realized. I thought May 2018 would create that but, May 2018 rather established something peculiar.

fxuser:
Elliot Folks

Was January d end of Wave 3?

Third Waves (Wave 3)
'' Third waves tend to be strong and broad. They are typically unmistakable, as confidence in the direction of the new trend is clearly evident. Wave 3 usually generates the most volume and price movement, and they are the most likely wave to extend. The third wave of an extended third wave will likely be the most volatile point of strength in the new trend and things like price breakouts, continuation gaps, volume expansions, and increased breadth will accompany it. In Wave 3 for a stock index, nearly all stocks will participate. Because of the dynamics of this wave, it will provide the greatest clues to the correct wave count as it unfolds. '' #copied

#RandomReading

January most likely marked the end of wave 3.

A careful look at the chart makes it seem as though the ASI started a bearish elliot wave in March 2018. I really don't know if that exists.

Mcy56:

Is this stone not too big to send someone back to ghost mode? Why evils na.

lol,

Oga Ihedi is still my chairman o. Let him comment abeg. I miss his comments...!

Oga 3-3-3, I greet you specially.

Please, where is Oga Ihedi??

We have forgiven him for the losses he planned for us in the form of Livestock Feeds.

musty00:
This week traded sideways as expected.

We're still here.

Bro,

I am gradually reducing my exposure. The way market is going, I do not expect a general bull at all this year. Either way, few stocks are showing good signs. I am watching seriously for the pre-result release bull which will affect select fundamentally sound stocks.

If a healthy bull is not obvious by the end of June, I will leave the market till November/December.

IMO, OGG's recommendations would seem like a prophecy if he shared it in June/July.

Any insights on MAYBAKER and CAVERTON?

Mpeace:
Hmm. Japaul is about to do 100% in 2weeks. From 20k To 40k. Na wa oh.

I am beginning to take note of these irregular movements...