₦airaland Forum

DeRuggedProf:
https://trwstockbrokers./2017/03/06/access-bank-shares-on-full-offer/

Coolcash1:
The stock is currently on full offer...Wickedness of NSE.. ...The rule is, surprise the market with good result and returns and it will embrace your stock or disappoint it and will surely treat your f*ck up (Me speaking like an American here )

Hoping GTB won't disappoint US like mr. Access did.

DeRuggedProf:
REFLECTION:
The behaviour of ZENITH BANK share price is a lesson for us all.
It clearly demonstrates why matured traders will warn you that INSIDER information does not CHANGE MR MARKETS MINDSET and one should use it with wisdom if you stumble over it. The danger in the market is usually from THOSE WHO REFUSE TO KEY IN THEIR BIDS AND OFFERS, but descend heavily on the market while the bargain hunters are sweating it out by shifting front and back..... .
Whenever I am interested in a stock, I can almost see the invisible hawks hovering around, they are the ones I fear the most before jumping in. They put pressure on everyone as they did to me today while trying to figure out where to enter ZENITH .....

SCENARIO: Assuming you had an insider in CBN who tipped you on the excellent result and you decided to call your banker friend in SKYE BANK (just an illustration) to lend you $5M (I doubt if skye has this much dollars... ) and he arranged it for you.
You may have taken a good, very short position @ N15.60 (where I entered at fake break-out) and gone partying, confident that you will BREAK THE BANKS when the result is out with that reasonable Dividend.
After a few days of ZENITH BANK releasing their result, you would have checked the share price and ended up in an ICU at LUTH.... .

Lets keep learning.....

Chibuking81:
Please friends, how do I go for Zenith bank e-mandate dividend form, using Morgan capital as Stockbrocker.
I want to know whether I will get the form online, download, fill and scan it back to the zenith registrar without visiting their office physically, or is it possible to get it through any of the zenith bank branch?

Tritri:
WAR on zenith...this is not fair.

Mpeace:
If you are in GTB, just be careful. their result will be powerful but I doubt if their dividend yield would be good enough to sustain their current price. If a stock doesn't give as much as 18% dividend yield, investors will sell and go to TBills, and wait till next year. Investments that return less than the inflation rate is a loss. When I said Zenith Bank result was Poor some ppl nearly lynched me, now you see the price, 14.46. NSE has no place for long term, its chop and carry. Since the days of Oceanic, intercontinental and other manipulated and scraped banks, I came to that conclusion. Anything affects price and stocks can fall 1000% in less than 2 months. Government can even, just because they do not like your face, delist or scrap or takeover your company without even caring what effect it has on investors.

Tritri:
by tomorrow zenith might be on FULL OFFER and am dead..bought at 15 naira...

lancee:
gtb trying to go up , zenith going down

Dancem on 8.50 on red as well

rebekah2011:
Thats to show that there is a big problem for stocks with disappointing results. First Bank on my mind.

Mpeace:
I think the result from zenith is only fair(wait until you see gtb result)I also think the returns from dividend is poor and this is even clear from the markets reaction. Note that before the result came in, the share prise was 15.22. well its now 14.80 and still falling. This is not what pple expected.

Coolcash1:
Had to sell some of my dollars yesterday and retain the rest...This is because sustainability of this FX regime is uncertain as forex accretion remains the focus and with FDI & FPI still at their lowest ebb, it won't take long before another spike in rate occurs.

Coolcash1:
Not an attack. Market wants to re-price the stock to reflect its true value...The stock shouldn't be trading more than N3

Tritri:
In terms of share price or profitability? What do you see? If CBN decide to devalue the naira again then The consumer good index will really be hit badly...In this case UACN might hit 5 before 2017 ending. am waiting at 10naira.

Tritri:
Thanks for analysis but is expecting 30% too much?

Tritri:
@Intendy
DeRuggedProf
locodemy
fxuser
OBAGADAFFI

I ALREADY HAVE ZENITH . I got some 3M from my brother.do U tink i shd buy more zenith in anticipation for price yield.

What ur thought on this decision am about to take ?

(Am a little bit worried zenith has been on the 15 naira for a while ) .

locodemy:
South African gurus in stocks are seriously increasing their holdings in Nigeria tier2 banks .This may be the worst year for banks and after all these difficult times ,there will be a good time for banks and those who sow in sorrow shall reap in joy.I think i am not making any mistake to position myself in my desire banks now i have the opportunity for a lifetime investment.I dont see investing in Diamond bank between 75-80 kobo as a wrong investment when compare to the intristic value of the bank.Again those negative news concerning those unhealthy banks has been already factored in their share prices.

arsenalman:
Good evening house,
I'm looking to actively trade in the NSE and i have opened accounts with both Morgan capital and meristem. I'm an ardent follower of this thread but as days go by, my confusion on the equities to invest/trade in mounts. My capital is ready but I'm scared of jumping in and making serious loses. I'm looking to get lessons and knowledge from anyone willing to teach me the pros and cons of the NSE even if it means paying for it. I reside in Abuja and I'm looking forward to replies from the experienced brains here.
Thanks.

ukay2:
FGN bond alert entered 11am today.....I have almost forgotten I invested in the FGB Bond 2020 until I saw the alert...my children school fees are now ready. ...like oga feelamong said....bond alert good for school fees...loool

OBAGADAFFI:
LOL,

Just Last year

PZ paid 50k

UACN paid 100k

Flourmills paid 100K

note: note this stock are into Food, Beverage, Agriculture and consumer goods.

OBAGADAFFI:
LOL,
I think PZ seem to be bottoming out

But for UACN and Flourmill i need good Sniper to catch them in position .

OBAGADAFFI:
UACN and Flourmill just dancing up and down since morning.

OBAGADAFFI:
UACN and Flourmill just dancing up and down since morning.

DeRuggedProf:
They are still CHOPPING Zenith...
GTB is resisting EVIL MEN....
Eterna: FXUSER warned its not liquid, you have to wait for its 'MARKET DAY', buyer do come from NNEWI on thursdays....

fxuser:
if it close at N15 .. na doji
if it closes above N15.29 - na hammer
if it closes below N14.94 - na inverted hammer

locodemy:
Fxuser is making sense........For instance what is pulling Access bank shares back if the dividend expectations is not price in?Its like some people have seen what they are going to pay to shareholders(0.30k) and decided to cash out @ 7.00 and now its 6.73.We need to be cautious o.

fxuser:
we need to be very cautious !
expected dividend already priced in , announcement may not be soo bullish but a fake out.
those already in the market may cash out on late comers and shake them out into a minor sell off
we wait and see

fxuser:
1)
Technical Analysis of Stock Trends by Robert D. Edwards and John Magee –
''this is without a doubt the bible of Technical Analysis. It’s a must read for anyone who takes this market seriously.''

2)
Technical Analysis of the Financial Markets by John Murphy

and be be lo (chk youtube for short video summaries or downloaded PDF on google)

Hope it helps.

ihedioramma:
What of skye bank?

fxuser:
Guaranty
also opened higher at 25.60