DeRuggedProf:


I may be wrong, but I feel you should trade the current market and rely more on signals from charts. After you have made good cash in the CURRENT MARKET, you can then trade FUTURE MARKET with companies having POTENTIALS....

There are many undervalued coys that can give you good div/cap appreciation in a few weeks. It is the LOOT from them that investor will carry come push up those companies with potentials and still make 50% in FLOURMILLS. B4 this time, your cash will just HANG in the stock...And if you are not careful, you may even exit out of frustration just at the verge of the stock entering its bull phase (BULL SHAKE OUT)....

What is the name of the stocks you are talking about? .

DeRuggedProf:


I may be wrong, but I feel you should trade the current market and rely more on signals from charts. After you have made good cash in the CURRENT MARKET, you can then trade FUTURE MARKET with companies having POTENTIALS....

There are many undervalued coys that can give you good div/cap appreciation in a few weeks. It is the LOOT from them that investor will carry come push up those companies with potentials and still make 50% in FLOURMILLS. B4 this time, your cash will just HANG in the stock...And if you are not careful, you may even exit out of frustration just at the verge of the stock entering its bull phase (BULL SHAKE OUT)....

I have always stated my trading strategy...I buy more on the rumour and sell on the news..

Also before I enter a stock..i always have an investment horizon, target in place and when i get there i sell and move on....

I dont also have any emotional attachments to any coy/stock...

I cut losses if what i saw at the point of entry is not being seen anymore..

As for Flour Mills, its a buy for me... and I will accumulate gradually!

locodemy:
Fxuser,pls what does chart says about Wapic insurance?

Just flat !
another juju stock

Forte Oil
- early trades coming ttru at N67.66

Wapco
- above avg vols early

Ucap
- touching new high at N3.64

(new high begat new high , new low begat new low )

I believe someone have seen WAPCO result. It's on the move!!!

UBA
- pulling back looking for new support
- N4.60 is next line to support, will it hold ?
- wait

Acess
- similar to above
- macd crosing below signal line
- rsi dropping lower
- pull back ongoing . . #wait

feelamong:
i just took some time off to look at the Forte Oil result once again..

Its not as bad as its made to look here.

Clearly their problem is net Finance cost...no wonder they have proactively gone ahead to raise bond in the Capital market. That should enable them to pay off some of the expensive loans they are presently carrying....I also like the fact that they did not go the route of paying dividends this year!

I will be watching closely to see how low it falls...

19% growth in Revenue in these difficult times is not a a joke! (although their cost of sales is also not very good)

I observed the same thing and also agree with the notion of not paying dividend.

PLS what is the bid/offer status for FO.

Diamond
- huge bids turning up below .96

What is the essence of investing in a stock that cant pay me dividend and share price deterioting?
what is this kind of investment called pls someone?

locodemy:
What is the essence of investing in a stock that cant pay me dividend and share price deterioting?
what is this kind of investment called pls someone?

'CHARITY'

DeRuggedProf:


'CHARITY'

i laugh in swaggy.i dont know some people can be generous in this way.

What is cooking in DIAMOND?

DeRuggedProf:
What is cooking in DIAMOND?

You called it cooking........A stock that was selling above 1.20 about nine days ago even to the extent of trying to overtake fcmb and now it is 0.96kobo.

it is not cooking but Jijo traders taking positions to offload again for mugus.

locodemy:
What is the essence of investing in a stock that cant pay me dividend and share price deterioting?
what is this kind of investment called pls someone?

called a Devourer
bind and cast out !

DeRuggedProf:
What is cooking in DIAMOND?

accumulators are accumulating ! building a wall of support is not easy

fxuser:


accumulators are

accumulating ! building a wall of support is not easy

Will you recommend a jijo here?

I know 4 penny stocks that can stand this current bears.They are defensive meaning greater expectations and hope alive...........fcmb,fbn,ucap and eterna

locodemy:


Bro,sit tight there.you are making profit at that your purchase price(1.33-1.35)
You will sell above 1.50.it is just a matter of time.it wont be long from now!

i thought 2 naira and above

Fo real? Or you just wanna "pump and dump"

locodemy:
I know 4 penny stocks that can stand this current bears.They are defensive meaning greater expectations and hope alive...........fcmb,fbn,ucap and eterna

locodemy:


You called it cooking........A stock that was selling above 1.20 about nine days ago even to the extent of trying to overtake fcmb and now it is 0.96kobo.

it is not cooking but Jijo traders taking positions to offload again for mugus.

I sold mine 2 weeks ago at 1.20 but lost 400k naira of the profit on FO.

this NSE it either from frypan to fire only few people actually makes money

yom2:
i thought 2 naira and above

A journey of 20km must start with a step.Remember stocks build support at a particular junction before moving to another junction..........For fcmb,1.50 is the next junction and will gradually move to 2 and above.

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/16306_FLOUR_MILLS_OF_NIG_Q3_DEC_2016_FINANCIAL_STATEMENTS_JANUARY_2017.pdf

This is a company to watch...

Their Qtr to Qtr result gives one a lot of hope...The Storm is over for them!

would start to accumulate it today!

pls i cant view d file here, whats their EPS for q3?

Tritri:



I sold mine 2 weeks ago at 1.20 but lost 400k naira of the profit on FO.

this NSE it either from frypan to fire only few people actually makes money

DeRuggedProf:



Will you recommend a jijo here?

the thot has crossed my mind !
RSI seems to found a support
primary macd still bearish
secondary macd is supportive
umm one can join d bottom bidders for safety and watch, den lets wait till 2.15pm and see
the most important price is d closing price

Tritri:



I sold mine 2 weeks ago at 1.20 but lost 400k naira of the profit on FO.

this NSE it either from frypan to fire only few people actually makes money

Do you mean you listened to angelo82 for FO.I hope this should teach you a big lesson...........They don dey tell about flour mill.You can also put your money their and thank bears or stagnancy later.

bros i dan learn lesson...funny aspect i was warned by Morgan capital advisory to avoid FO...but am like..this people dont know FO juju stock ooh..THANK GOD I SOLD EARLY..some cant ..

locodemy:


Do you mean you listened to angelo82 for FO.I hope this should teach you a big lesson...........They don dey tell about flour mill.You can also put your money their and thank bears or stagnancy later.

Grow up!.

Intendy:
GREIF NIGERIA PLC Closure of Register For Year Ended 31 October 2016

Proposed Dividend 60Kobo per share

Proposed Bonus Nil

Closure Date 22nd -24th March 2017

AGM Date 21st April 2017

Payment Date 5th May 2017

AGM Venue Neni Hall, Rockview Hotel, Park Lane, Apapa, Lagos Time: 11.00a.m.

dis company still dey?

yom2:
dis company still dey?

Bros na every year this company dey visit their shareholders o but no go there.