BullBearMkt:
I LAUGH READING ABOUT MARKET TIMING!
Can you really time the market? Yes, to some extent. Stock markets, especially those with various measuring tools, can be predicted to a certain degree, but not with absolute precision. If you're expecting to pinpoint the exact hour, minute, or second etc., I'm afraid what you are searching for is nothing but insider manipulation.

Over the years, technical analysts have developed numerous tools to help assess the stock market, figure out when to buy or sell, gauge risk-on and risk-off sentiments, and one of these tools is market breadth.

Just last week, some of us here on this forum raised a warning flag about the possibility of NSE ASI experiencing a dip (refer to posts on 20/01/2024), suggesting that we prepare for a buying opportunity. The fact that it didn't happen right away doesn't necessarily mean the timing was incorrect; it simply calls for caution, as all indicators are hinting at an impending dip.

Furthermore, there's no sign of a bear market in NSE; the market is currently taking a pause and is likely to resume its bullish trend in the next few days.

PLAN YOUR TRADES AND TRADE YOUR PLANS

emmanuelewumi:
Transcorp EPS grew by 195%. It has a return on equity of about 19% which is quite good.

I expect between 60% to 100% earning growth in 2024 for Transcorp.

Based on the current price of the stock at recently released EPS of 56k. Transcorp has a PE of 26.


Transcorp is still very good to accumulate for the long term and N11 and below

Agbalowomeri:


Quite succinctly put
Where I defer is that bull don end
What remains is gbelo gbebo alias Janet
Make una go home abi una no get house ni

BullBearMkt:

...medium- to long-term bulls remain intact. So also the short-term bull.
So, why you want make we go home? No for NSE we go stay put!

Agbalowomeri:


Dey watch as short term go breach Ichimoku, followed by medium and long

Hustle1:


The full year result is very good considering the business environment!!!

https://doclib.ngxgroup.com/Financial_NewsDocs/40234_UAC__OF_NIGERIA_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

The new product launched were not yet contributing.... The swan water plant 3x expansion started this January plus other investments and people

Hustle1:


The full year result is very good considering the business environment!!!

https://doclib.ngxgroup.com/Financial_NewsDocs/40234_UAC__OF_NIGERIA_PLC.-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JANUARY_2024.pdf

The new product launched were not yet contributing.... The swan water plant 3x expansion started this January plus other investments and people

thebargainhunte:
I think return on equity is about 18%

Hustle1:



This is probably the last time UACN will end the year below N50 share price ......

pizapato:


Oga dey try calm down. The bolded is unnecessary.

The information about the exchange rate following the adoption of new method of pricing in the NAFEX is freely available online.


https://www.bloomberg.com/news/articles/2024-01-30/usd-ngn-naira-devaluation-sees-nigeria-s-currency-plunge-to-record?cmpid%3

SonofElElyonRet:


Please help with etranzact eps for q3 2023
Can't figure it out

SonofElElyonRet:


I used final result profit divided by shares to arrive at N1.27k eps but i think it's before tax. After tax profit wasn't stated... looks good when compared with share price...

currentprice:


post the result link bro

currentprice:


post the result link bro

currentprice:


post the result link bro

SonofElElyonRet:


I used final result profit divided by shares to arrive at N1.27k eps but i think it's before tax. After tax profit wasn't stated... looks good when compared with share price...

kolaish:
E-Tranzact eps should be 26k

currentprice:


post the result link bro

thebargainhunte:

The transcorp power segment continues to be the engine power of transcorp plc. Figures from them beat Geregu hands down. Imagine having a revenue of #151 billion against Geregu #82 billion and a profit before taxation of #50 billion against #24 billion. If not due to excessive os, transcorp plc should not be trading below #100. Their result is awesome.

Locotrader:


Currentprice is not active like us who are here 24/7.He will only show up when his forecast materializes or having effect on the market.if the market becomes very bullish again tomorrow,you will not see him here.I learnt his FA and TA te-teh.

CeeJeckydivah:
Good morning, how can i buy shares and sell them to get cash in meritrade Nigeria?
Thanks

emmanuelewumi:




Sorry I did a mental math, a calculator would have give the correct figure

KarlTom:

SAK:
I am also surprised with the calculation,why multiplying by 4 again ,when the unaudited result is for the whole year??

Why did you multiply 0.31 by 4.
Is the 0.31 not for the whole year?

Laso09:


I have read your earlier posts on this.
What you normally do is to multiply the best quarter earnings(eps) by 4 but in this case you are multiplying the full year eps by 4.