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Re: Stock Market Tips For Nigerians by grabdbull: 2:02pm On Mar 10, 2008 |
Oga Topgun, Always good to see your posts. If that scenario plays out, then your brother is going to fry. However, panick selling might not be a good idea as the scenario I painted i.e. a price reversal being imminent might also obtain and one could make some good margin. That said, the risks are quite high and could cause a lot of panic for the faint-hearted. This is my opinion. What are your views on this stock? |
Re: Stock Market Tips For Nigerians by aktopgun(m): 2:17pm On Mar 10, 2008 |
grabdbull: which one be "oga topgun" again grabdbull. stop that rough play o . on a price reversal being imminent i have to say the signs arent good going by today's trading. as i said the selling pressure was quite strong. it may well reverse later in the week but for now there's nothing to indicate that. ur entry point i assume was on the high side abi and u bought for CICO didnt u? if u answer yes to both questions u may have to wait for a little longer befor u can exit. this si strictly from the TA side of the coin, and if u are going to sydney with this one then its all good. my thoughts only |
Re: Stock Market Tips For Nigerians by LondonCool(m): 2:22pm On Mar 10, 2008 |
Thank God for Nairaland @greentree, I rotate my greetings back to you. Thanks for the encomiums ! Are you still in UK and when is the next meeting at Hilton Paddington ? Have you met Jide the producer of "In Diaspora" on BEN TV ? He is another "smart alec" in UK. |
Re: Stock Market Tips For Nigerians by grabdbull: 2:27pm On Mar 10, 2008 |
@ AKTopgun, Both your assumptions are in order. I asked for insight some weeks ago on CICO stocks and was told to go into footwear by the amiable and everly respected WindyWendy. As She talk footwear, na im cold catch me. My Liver no strong like that, na im I com look, see as conoil dey dance follow other petroleum stocks wey get beautiful gait, na im I approach the conoil, grab am come make am my own. In retrospect, I For listen to Wendy ooooooooooooooo!! ( e be like say She get crystal ball wey no dey fail). So much for 20-20 hindsight. All said and done, I still dey tempted to wait am out till end of the week and if e too fall, maybe obtain more kilos, or dump am go buy Universal Insurance ( 16billion units notwithstanding, e no fit bad reach Conoil). This ACEN ins. sef, them still dey exist? As I come see people still dey trade the thing na im I come dey baffled. |
Re: Stock Market Tips For Nigerians by wanaj0: 2:37pm On Mar 10, 2008 |
LondonCool: Thank God that na the BIG man me dey run errand for. |
Re: Stock Market Tips For Nigerians by faketan(m): 2:49pm On Mar 10, 2008 |
Gurus please, How can one calculate the trailoing PE of a company that has not declared its financial position for over 2 years or more? EPS is not known. Is it even possible to calculate the forward PE of such company? |
Re: Stock Market Tips For Nigerians by yodiyokun(f): 3:01pm On Mar 10, 2008 |
wanaj0: Congratulations on your 1001th post. All of you folks in Hiding , this is not a good strategy ooo- BabaIbeji, Wanaj0, temmie, etc etc. all this your one liner no good at all!. Even the mouth and tongue dey fight many times, but you cant cut your tongue out na. It was Aktopgun that first noticed the trend, and it has now been confirmed - please reverse this bearish trend. Its always difficult to write one's thoughts/opinions on a public forum like this without offending some people, please understand everyone on here is different and we are from diverse experiences and cultures and some of us are more vocal than other. I believe, the folks here are generally considerate and respect other people's opinion especially when its making money for them! Do not let the 0.5% not in that category put you off. Like BabaIbeji rightly said, the newbies here are doing very well and pulling their weight , but inspite of that we still appreciate the guru's insight. @Wanaj0 and fatherof2 we miss you oo. For heavens sake where is @ololufemi - the guy just dropped out of orbit. @Napolean, I pray you will not dissappear into the night irrespective of the comments made here, but will keep giving information and insights that add value to our thought process in this business of making money. @all, sebi I said last friday, my brokers ( LEAD) be ajebo. I beg @Naijadr introduce me to your sister broker na !!! No luck with my bigtreat order - back to the drawing board today. |
Re: Stock Market Tips For Nigerians by Naijadr: 3:16pm On Mar 10, 2008 |
Latest Market Info AVONCROWN: 9 MONTHS REPORT DEC 2007 AVON CROWNCAPS & CONTAINERS PLC, 9 MONTHS RESULTS FOR THE PERIOD ENDED 31/12/2007 TURNOVER 07 N5.227b, 06 N4.881b PBT 07 N226.106 06 N199.977m TAXATION 07 (N88.860m) 06 (N86.410m) PAT 07 N137.246m, 06 N113.567m AVONCROWN closed down -0.350 at 12.000. Volume was 306% above average (trending) and Bollinger Bands were 142% wider than normal. Open High Low Close Volume___ 12.350 12.960 11.740 12.000 630,239 Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long Term: Bullish -------------------------------------------------------------------------------- Price Trend Report:5 Moving Average: Current price is below 5-period moving average: 12.63 21 Moving Average: Current price is above 21-period moving average: 11.67 LSQ Analysis: Current price is 92% above its price trend. Bollinger Band Analysis: Price Volatility: Increasing; Price Trend: Down. Hurst Trend Analysis: Hurst Exponent: 0.8661, current trend will continue -------------------------------------------------------------------------------- Technical Indicators Report: Value Tips RSI 58.4 MACD -0.6 Oversold MTM -3.5 ADX 45.7 Not in trend, or trend is weakening. CCI -4.5 Sell Opportunity. DMI 21.0; 28.2 K%D 42.2; 50.0 Market is in down trend. NVI 115.0 OBV 8417.3 PVI 134.0 Price not likely to rise. -------------------------------------------------------------------------------- TRW Stock Forecaster:Prediction for Next Three Prices: 11.67, 11.29, 10.99 Deviation*: 0.02 Price Direction(short term): Price will go down. |
Re: Stock Market Tips For Nigerians by easimoni(m): 3:25pm On Mar 10, 2008 |
yodiyokun: Ahhhhh! Yodi! Wetin you find reach Big Treat? Forward PE > 100 with TS imminent for the upcoming PO? Que pasa? |
Re: Stock Market Tips For Nigerians by jideakin1: 3:27pm On Mar 10, 2008 |
@All pls help me confirm the data below. I just can't take my mind and eyes off this insuarance sector, I already have a whole lot of money there. Pls help with the missing ones if you have the figures. Pumping, AKTopgun, windywendy, everybody pls help me look am oh. Make e no be say na lai I don dey lai to myself since all these days. INSURANCE N0 of Shares QTR Result AIICO 7,541,666,66 82,290,000 (1Q) BAICO 247,500,000 CONTINSURE 10,372,774,316 657819000(3Q) CORNERST 9,557,432,238 569689000(3Q) CRUSADER 3,325,257,107 576007000(3Q) CUSTODYINS 4,000,000,000 597200000(3Q) EQUITYASUR 6,949,767,966 150700000(3Q) GNI 1,500,000,000 132165000(3Q) GOLDINSURE 9,000,000,000 GUINEAINS 5,400,000,000 172,300,000(2Q) HMARKINS 6,000,000,000 INTENEGINS 16,509,670,584 LASACO 7,323,313,227 865575000(3Q) LAWUNION 3,437,330,500 536907000(3Q) LINKASSURE 4,083,713,569 168,800,000(2Q) MBENEFIT 5,911,528,735 655697000(3Q) NEM 5,029,250,734 330000000(3Q) NIGERINS 3,950,861,642 354120000(3Q) OASISINS 5,000,000,000 Full year PRESTIGE 1,719,987,728 278000000(3Q) ROYALEX 3,359,898,835 SOVRENINS 4,543,167,216 333100000(3Q) STACO 4,829,477,966 609691000(3Q) STDINSURE 3,469,689,000 430000000(3Q) UNIC 2,581,733,505 281853000(3Q) UNIVINSURE 13,971,581,169 WAPIC 4,218,969,999 572053000(3Q) |
Re: Stock Market Tips For Nigerians by LondonCool(m): 3:35pm On Mar 10, 2008 |
wanaj0: @Wanaj0, Thats a big over-statement ! BTW, would you regard your Broker as an Agbero or Ajebo one from your experience with them ? When is the next FBN ex-div date ? |
Re: Stock Market Tips For Nigerians by yodiyokun(f): 3:36pm On Mar 10, 2008 |
easimoni: I don allocate some money I can afford to loose to Gambling on NSE - na small money . That's what I used to chase Big treat last week. If I get my hands burnt I go tell you and if na otherwise I go tell you as well. Wish me luck!!!! Anyway sha I have searched high and low for information on BAICO?? anyone get info on it. @pumping you dey see that your insurance stock a e dey nose dive. It hasnt registered yet that this is a 2Naira stock ooo, when realization comes it will join Prestige and WAPIC at the same price level |
Re: Stock Market Tips For Nigerians by yodiyokun(f): 3:39pm On Mar 10, 2008 |
jideakin1: @pumping and @easimoni will come to your rescue- however from a quick look over you have IEI wrong divide that figure by 3 (I think ) they did a share reconstruction. |
Re: Stock Market Tips For Nigerians by jideakin1: 3:46pm On Mar 10, 2008 |
@ All, Has Oasisins gone on TS? the seem not to have moved today any info? |
Re: Stock Market Tips For Nigerians by greentree(m): 4:23pm On Mar 10, 2008 |
London cool Sir I was told about Alex and a guy called Jide Iyaniwura. i learnt they rub minds frequently and are very knowlegable. London cool please continue the great work. Invisible Please paste the link to your blog. i am interested. |
Re: Stock Market Tips For Nigerians by tonyjon(m): 4:28pm On Mar 10, 2008 |
@grabdbull, Just relax and wait for sometime because Conoil will surely bounce back and you will make your profit. Peace. |
Re: Stock Market Tips For Nigerians by windywendy(f): 4:34pm On Mar 10, 2008 |
tkb417: I won't ask you to cico lafarge o, it's not too volatile, plus there's the news of an impending TS. Afroil is much better. Bigtreat would have been good for last week to get out this week but afroil has better cico opportunity. They're releasing results sometime this month, and from the news making the runs, it should be a good result. No be from my mouth you hear am o Plus caveat plenti well well. @yodiyokun, abeg leave that baico alone o. Na serious minefield. I heard they didn't make the capitalization limit and so there's trouble there. |
Re: Stock Market Tips For Nigerians by greentree(m): 4:36pm On Mar 10, 2008 |
London cool Sir as you are well heeled in this thing. it would be nice if you consider launching a thread for the UK disporians. i am very interested |
Re: Stock Market Tips For Nigerians by greentree(m): 4:38pm On Mar 10, 2008 |
Windy Wendy pls what are your thoughts on Red Star. i want to enter for about 2 weeks and have a target of 15% gain |
Re: Stock Market Tips For Nigerians by stocknrock: 4:51pm On Mar 10, 2008 |
Does anyone have any considerable info on uniondicon? It has been losing steam for a while now and it looks like a good CICO stock. Windy Wendy, I would appreciate your insight. |
Re: Stock Market Tips For Nigerians by windywendy(f): 4:55pm On Mar 10, 2008 |
@greentree and stocknrock, I dey come o. I get business meeting and will need like 2 hrs. |
Re: Stock Market Tips For Nigerians by windywendy(f): 4:55pm On Mar 10, 2008 |
deleted. |
Re: Stock Market Tips For Nigerians by bigjay01(m): 5:03pm On Mar 10, 2008 |
pumping777: pumping777: Please look at the bolded portion |
Re: Stock Market Tips For Nigerians by LondonCool(m): 5:03pm On Mar 10, 2008 |
greentree: @greentree, I had a meeting with Jide and the CEO of Proshare sometime ago, I left the meeting thoroughly re-evaulating myself and my purpose in the UK. Jide is a consultant for NATWEST Bank for Ethnic Business start-up's (he gets paid around £200,000) per seminar. greentree: There are various threads here and there in the Travel and Property section involving UK Diasporans (I stopped contributing there when I got incessant emails from people/forumites soliciting for letters of invitation/visa sponsorship,etc-trust Naija). |
Re: Stock Market Tips For Nigerians by greentree(m): 5:06pm On Mar 10, 2008 |
gabza: Gabza you are just uncouth people like you should be kept in a zoo. |
Re: Stock Market Tips For Nigerians by shigidi(m): 5:09pm On Mar 10, 2008 |
@ easimoni, wetin dey now havent heard from you in a while. i heard there are only 13 episodes of prison break in season 3. is that true on abusinessnote, i want to sell longman to CICO something b4 i hit diamond for the longhaul. do u haveany stocks in mind. pls holla. you don hammer from trans express oooooooo |
Re: Stock Market Tips For Nigerians by wanaj0: 5:10pm On Mar 10, 2008 |
LondonCool: Na Ajebota dem be OOOOOO. FBN full year result is not yet out so you can't be talking of Ex div date. |
Re: Stock Market Tips For Nigerians by greentree(m): 5:12pm On Mar 10, 2008 |
LondonCool: Sir, thank you so much. much appreciated. |
Re: Stock Market Tips For Nigerians by mishooo(m): 5:14pm On Mar 10, 2008 |
greentree: Haba !!! Please ooo. Lets not start again. Pls Gabza, overlook this piece !! Thanks. |
Re: Stock Market Tips For Nigerians by upward(m): 5:15pm On Mar 10, 2008 |
@wanajo, welldone sir, Looks like Berger paints has finally come to (or is approaching) stricking distance? Has shed remarkable weight, and volume has reduced very well as at today's charts, seems to have approached a turn-around point. Aktopgun, what sayest thou? |
Re: Stock Market Tips For Nigerians by MRD1(m): 5:16pm On Mar 10, 2008 |
Please advise me on at least 3 good shares I can buy in the next 3 weeks,with reasons so that I can research more I have some major funds to invest.many thanks. |
Re: Stock Market Tips For Nigerians by easimoni(m): 5:17pm On Mar 10, 2008 |
stocknrock:
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