easimoni:

Can you expand? I'd like to know what the book says are good buy days and why. Same for sell days. I know it depends on the trend from previous days, but some more info would be nice.

pumping777:



There will be a chance to buy Oceanic at prices lower than it is today when PO profit takers hit the market so for now I will put my money in UBA. I sold My Oceanic on Wednesday.

yodiyokun:



Ogbeni,

This is dangerous ooo

What of if BabaIbeji or Mr @Wanaj0 says no more show for nairalanders what happens.

I am here to learn how to fish, so that if today Seun says no more show for nairaland I can stand on my two feet and make millions.

The only good thing is both the gurus are making my learning curve way way shorter and honestly for that I am extremely grateful.

easimoni:

@ fatherof2,

this your "Friday" theory na something else. I must admit warming up to it. Almost all buying will be done on Fridays from this day forward.

pumping777:

Before we get carried away, there are many folks on this thread that have given us very accurate predictions using varying theories and strategies.

For me, the idea is in blending the different styles with your own and churning out the profits. No single strategy is foolproof.

Fundamentals still work big time. I gave a list of 5 stocks on December 26th based on fundamentals. In 6 trading days, the stocks have appreciated 32% (AGLeventis), 26%(BetaGlass), 19%(Lawunion), 32%(Unic) and 3% (UBA).

How much better does it get in less than 2 weeks?

[/quote]


Niger ins case is a bit different, the firm result was no good , 16% change in PAT over same period in 06 don't look good considering the industry results. Though inevitably profit-takers must descend.

see dealers perspective attached[quote]

grabdaloot:

People it is good to have a full house again. I see say una don spend all una profit this Xmas break and awon boyz n babes wan start to hustle again. Bring it on!!
@ Easimoni, interesting perspective you have there on the analysing the NSE index. I do the same myself but unlike last year, this year will be a bit different. The funds available for injection into the market will almost be double that of last year hence I don't want to use last year as a guide to this year but more so a safety factor of when to withdraw. This year I have drank cement so I have the stomach for the most turbulent waves. Wetin I do wey I no go fit buy the next NACHO for market sef abi na me sin pass for this world. Last year we had the Pension funds, Foreign funds etc. This year with the lull in the western markets, the NSE is ranked 4th or 6th depending on the site you search in terms of 12 month return on investment (109%) with that in mind the more western asset mgmt firms have turned up for the party early and this can be confirmed by the early start of the bull run. Just watch this, it might just be sustained till the 2Q. Secondly the funds have been made available to the insurance firms and where are they putting it? yes you guessed right in the stock market. If you had read the prospectus of all the PO from the insurance firms you'd see that they don't know the first thing about monee management. They mostly talked about branch expansion employment of more marketing personnel etc. Except those with strong financial banks backing them (WAPIC) most will play the market so more funds competing for stocks in our NSE. I had earlier posted a write up on this but only easimoni responded. Now that we seem to have a full house again I will welcome consenting or differing opinions on this.

Abeg who fit tell me the next NACHO/AFROIL. This year I don dedicate funds wey I wan LOSE. I wan las vegas the cash for the NSE. All these firms that do this NEVER have good fundamentals!!!

ololufemi:

@ All,

I think those of us who have not received our Oceanic certificates should write to SEC reporting them and test the efficacy of their compliance on allotment and issuance of certificates.

Who supports moi.

steeviee:

compliments all

guys i intend buying some amounts of livestock.  does anyone have any clue about its fundamentals?


many thanks for you help

FatherOF2:

portfolio managers are actually the ones trying to beef up prices for end of year.

aktopgun:

p.s, is the market open today anyone

IykeD:

Nice thread, couldn't have ignored it.Good People, i am interested in CFA but i am mathematically oriented, my first degree is B.Sc Maths/Stats. I know there are mathematical angle to CFA but i think  majority of it is Finance/Investments etc.
Please for the experts and those who have done it, do you i think i stand a good chance in CFA.I am hope to apply for the Dec.08 exams but it all depends on the responses i get .

Cheers!

lynxnoon:

Hi guys
SEASONS GREETINGS
Please can anyone give me info on AIICO IPO, is it a good buy/
Thanks

invisible!:

Good as this result will seem, large as this dividend will seem, I think it is still paltry compared to Oceanic's current stock price of plus N30.

What I am trying to show here is that leaving your investments for the long term is less rewarding than trading on the stocks. I remember selling my oceanic holdings at N28 around may-june this year and using the money for some fantastic trades, against my brokers advice, he seems to think oceanic is a forever good stock  

I bought some other stocks which have given me a 50% average appreciation, had I been waiting on oceanic, what I will get since then will be N1.02 for a full year?

Guys, comment on this.

invisible!:

Good as this result will seem, large as this dividend will seem, I think it is still paltry compared to Oceanic's current stock price of plus N30.

What I am trying to show here is that leaving your investments for the long term is less rewarding than trading on the stocks. I remember selling my oceanic holdings at N28 around may-june this year and using the money for some fantastic trades, against my brokers advice, he seems to think oceanic is a forever good stock  

I bought some other stocks which have given me a 50% average appreciation, had I been waiting on oceanic, what I will get since then will be N1.02 for a full year?

Guys, comment on this.

texas543:



1st WEALTH COMMANDMENT: Thou Shalt Build Wealth For a Noble Cause[/b




[b]8th Wealth Commandment: Thou Shalt Apply Leverage

Leverage is the essential principle that leads to wealth. You will not get wealthy by trading time for money and you cannot do it all yourself. Building wealth requires you to
Work smarter rather than harder by applying the following principles of leverage:

1: Financial leverage: Other people's money so that you are not limited by your own pocketbook.
2: Time leverage: Other people's time so that you are not limited to 24 hours in a day.
3: Systems and Technology Leverage: Other people's systems and technology so that you can get more done with less effort.
4: Communications Leverage: Other people's magazines, newsletters, radio shows, and databases so that you can communicate to millions with no more effort than is required to communicate one-on-one.
5: Relationship Leverage: Other people's resources, connections, knowledge, talents and experience so that you are not limited to your own.
6: Knowledge Leverage: Other people's proven models of success so that you can save time and money by not reinventing the wheel.

Leverage allows you to create more wealth than you could ever achieve alone by utilizing resources other than your own. It allows you to grow wealth beyond your personal limitations.

Leverage is what separates those who attain wealth from those who don't. It is just that simple. If you aren't using leverage then you are working harder than you should to earn less than you deserve and that isn't going to make you wealthy.

lowee231:

@barge
Nice one.Yes i have bought the 2008 Schweser study notes for level 1.
So relying exclusively on the study notes isn't a bad idea.
Do u know any medium i can use and pay for these exams. Its the basic headache i have now, and will i pay extra for the shipping

EMMAACHILE:

Please I need someone to tell me about the following services for FSDH, UBA and AFRINVEST.
Do they have:
Trade Alert
Online mandate
Commission
Prompt execution: how many days?

Thank you for your replies

hispy99:

You do not need to be a genius to pass even if you have not started studying, it's not even January yet.  I appreciate you trying to communicate the level of difficulty to people, but no need to give people heart attack, abi na how many people be genius?   You need to dedicate time for studying though as there is a lot of material to cover, especially in level 2. I used Schweser books and they were good enough. 

lowee231:

My Brothers and my Ogas. To what extent do u think  i should rely on the Schweser study notes. Currently on Study Session 5. Sincere comments would be appreciated.

RoughCut:



I take it you have or if you havent you are planning to take position in UNIC and Cornerstone