lancee:



I thot so , be like say some pple don get gist ..money must be made

Hope no story for this one @15k or

Even at 15k it would amount to a yield of around 4.6%. That's very paltry in today's market. Its even unlikely they pay 15k judging by their q1 to q3 performance last year. Wouldn't want to be in that bus when the result comes out. My opinion anyway

FBNH

- is that FUll bid ? or computer error

duni04:

Even at 15k it would amount to a yield of around 4.6%. That's very paltry in today's market. Its even unlikely they pay 15k judging by their q1 to q3 performance last year. Wouldn't want to be in that bus when the result comes out. My opinion anyway

FBNH

- carries a lot of participants and various emotions ! it can go either way .
- for me , N3 support is always a good entry area , any upside from there na Godwin

FCMB
- is SP ready to break below N1 ! ! !
- 12m bargain hunters waiting

duni04:
Any insider or opportuned expo on GTB? Someone is clearing off the counter and loading massively

...I think people are taking position ahead of Q1

fxuser:


FBNH

- carries a lot of participants and various emotions ! it can go either way .
- for me , N3 support is always a good entry area , any upside from there na Godwin

True. Was very tempted to get some units last thursday on the strong volumes but fundamentals are no good. And this is the time of the year where fundamentals dictate trend, especially for FBNH and just before they release their not too impressive results.

Someone here was waiting for 'INFIDELITY' at N0.87...
How dreams come true to those who are patient...

DeRuggedProf:
Someone here was waiting for 'INFIDELITY' at N0.87...
How dreams come true to those who are patient...

never runs short of SS

BullBearMkt:

...I think people are taking position ahead of Q1

23m units crossed

fxuser:


23m units crossed

...Out of 41m?

DeRuggedProf:
Someone here was waiting for 'INFIDELITY' at N0.87...
How dreams come true to those who are patient...

wonder who that is
was lucky to get some units at N0.80 at the very dot of closing. Will average up or down accordingly. On a serious note, Fidelity and Fcmb are very strong candidates for rally of the year. The potential is just.......

BullBearMkt:
TECHNICAL ANALYSIS - POWER OF BULLS and BEARS (1)

One of the indicators used by Technical Analyst to determine the dominant power between BULLS and BEARS is MACD Histogram (MACD-H). MACD-H shows not only whether bulls or bear are in control, but also whether they are growing stronger or weaker. A rising MACD-H shows that bulls are becoming stronger while a falling MACD-H shows that bears are getting stronger.

......

Summary
-When MACD-H provides a new high during a rally, prices are more likely to retest or exceed its previous peak
-Give yourself a challenge: study 2 or more stocks and check the validity or otherwise of what mentioned above...



...Good morning and welcome to the last trading day this week. Wishing all GREEN in our accounts today!

Thanks for your educative posts.
Please what does MACD-H stand for?

chillykelly86:


Thanks for your educative posts.
Please what does MACD-H stand for?

...it means MACD Histogram (Histogram in the Moving Average Convergence and Divergence)

duni04:

Even at 15k it would amount to a yield of around 4.6%. That's very paltry in today's market. Its even unlikely they pay 15k judging by their q1 to q3 performance last year. Wouldn't want to be in that bus when the result comes out. My opinion anyway

Result go go either way ,still went thru the last transcript few dys ago .. lets wait and see ..like we did for fidel result

I dey elephant trian since

duni04:

wonder who that is
was lucky to get some units at N0.80 at the very dot of closing. Will average up or down accordingly. On a serious note, Fidelity and Fcmb are very strong candidates for rally of the year. The potential is just.......

All the time fcmb was selling at #1.30,you never say anything good of it.Now it has come to your target,it is now a strong candidiate for rally?i see..........one thing i know is that i still remain your father in fcmb........the more fcmb go down,the more i buy.when it goes up,my dreams come true.I am happy you see fcmb as a growth stock.thank you.

locodemy:


All the time fcmb was selling at #1.30,you never say anything good of it.Now it has come to your target,it is now a strong candidiate for rally?i see..........one thing i know is that i still remain your father in fcmb........the more fcmb go down,the more i buy.when it goes up,my dreams come true.I am happy you see fcmb as a growth stock.thank you.

Sentiments aside, FCMB is undervalued at current price. Would be even better at a lower price

Fcmb my bank @0.99kobo today? Hmm i see..... further downside expected? over to the market makers. people are to make bastard money this time around.

stocks with new 52 week lows
ETI #7.79k
CUSTODIAN & ALLIED #3.02k
stocks with new 52 week highs
C & I #0.67k
stanbic ibtc holdings #18.90k

UACN Property Development Plc - Rights Issue Dealing Members are hereby notified that the Rights Issue of 1,718,750,000 Ordinary Shares of 50 Kobo each at N3.00 Kobo per of UACN Property Development Plc has opened for subscription. Acceptance list opens:Tuesday, 18 April 2017 Acceptance list closes:Friday, 26 May 2017 This is for your information and necessary action please.

Intendy:
UACN Property Development Plc - Rights Issue Dealing Members are hereby notified that the Rights Issue of 1,718,750,000 Ordinary Shares of 50 Kobo each at N3.00 Kobo per of UACN Property Development Plc has opened for subscription. Acceptance list opens:Tuesday, 18 April 2017 Acceptance list closes:Friday, 26 May 2017 This is for your information and necessary action please.

N3 for stock selling at N1.76.

I thought right issue should be lower than Market price.

Most of the right issues declared on the floor in past six mounth are higher than market price.

BullBearMkt:

...it means MACD Histogram (Histogram in the Moving Average Convergence and Divergence)

Thanks

OBAGADAFFI:



N3 for stock selling at N1.76.

I thought right issue should be lower than Market price.

Most of the right issues declared on the floor in past six mounth are higher than market price.

It means the stock is worth N4.00 or more, some big guys or institutional investors want to increase their holdings in company, the easiest way to achieve this is through a right issue. Tony used similar strategy to buy over 1 billion units of UBA shares and another 500 million units of United Capital shares

OBAGADAFFI:



N3 for stock selling at N1.76.

I thought right issue should be lower than Market price.

Most of the right issues declared on the floor in past six mounth are higher than market price.

You are right to some extent,but NO law stipulates that right issue price should be lower than that of the secondary market.
The board got approval from the same shareholders of the company. LOL
Many that even fixed right issue prices below what it's trading for on the floor still got battered and dipped below right prices.
It's left for investors to decide which way he wants to go.
As for me and my house na Jump over mode for this kain stock that is if I even have it.
Though one can reevaluate to know if he should pick up some of his right or all or not to pick after reevaluating his/her portfolio and valuing the company over again.

emmanuelewumi:

It means the stock is worth N4.00 or more, some big guys or institutional investors want to increase their holdings in company, the easiest way to achieve this is through a right issue. Tony used similar strategy to buy over 1 billion units of UBA shares and another 500 million units of United Capital shares

I know you'll see it

emmanuelewumi:

It means the stock is worth N4.00 or more, some big guys or institutional investors want to increase their holdings in company, the easiest way to achieve this is through a right issue. Tony used similar strategy to buy over 1 billion units of UBA shares and another 500 million units of United Capital shares

Make i quickly go buy from the floor now because this foolishness will soon turn to wiseness.what do i know self?

OBAGADAFFI:



N3 for stock selling at N1.76.

I thought right issue should be lower than Market price.

Most of the right issues declared on the floor in past six mounth are higher than market price.

You are correct to think rights issue should be lower as it has always been.
But it's not also wrong for rights issue to be more expensive than the market price. It's simply a thing of perspectives. The market thinks it should cost N1.76 at the moment, but the owners or major stakeholders values it at N3.00 per share perhaps with a futuristic timeline, that may be based on information exclusively at their disposal. If they are right in their valuation, it will certainly reflect in their performance/results, and the market will definitely revalue it. But should the market be right, then that becomes their cup of tea.

OakPearl:


You are correct to think rights issue should be lower as it has always been.
But it's not also wrong for rights issue to be more expensive than the market price. It's simply a thing of perspectives. The market thinks it should cost N1.76 at the moment, but the owners or major stakeholders values it at N3.00 per share perhaps with a futuristic timeline, that may be based on information exclusively at their disposal. If they are right in their valuation, it will certainly reflect in their performance/results, and the market will definitely revalue it. But should the market be right, then that becomes their cup of tea.

yes.you are right but the mgt knows it all.Better to make use of their foolishness...........These days,making money is only possible if you understand the handwriting on the wall.

locodemy:


yes.you are right but the mgt knows it all.Better to make use of their foolishness...........These days,making money is only possible if you understand the handwriting on the wall.

Can someone help me with the number of fully paid Shares of UAC property.

I have 1.1 billion shares, at N1.80 per share that means the whole company is valued at just N2.2 billion.

Please house, I received this message today; how valid is it? I was expecting that such a sensitive announcement should come through NSE.

Dear Shareholder,
We are happy to inform you that Apel Capital & Trust (Registrars) has been appointed as Registrars to NEM Insurance PLC.
Kindly direct all enquiries on this company to us via our contact lines of
01-2932121 and 07046126698.or
email address of registrars@apel.com.ng.
Thank you.

chillykelly86:
Please house, I received this message today; how valid is it? I was expecting that such a sensitive announcement should come through NSE.

Dear Shareholder,
We are happy to inform you that Apel Capital & Trust (Registrars) has been appointed as Registrars to NEM Insurance PLC.
Kindly direct all enquiries on this company to us via our contact lines of
01-2932121 and 07046126698.or
email address of registrars@apel.com.ng.

Thank you.

APR used to be their registar.

I love the power of TA.
- This morning, BullBearMkt dropped a TA Chart on STANBIC, though he deliberately forgot to credit our accounts to take advantage, he got it spot on.
- TA at least eliminates emotions, a key stumbling block to trapping the millions crossing our screens daily.
- TA most times is like a pregnancy test strip, we may have periods of denial from the girl ( just like intra-day price pullbacks) but that does not impede the baby's development...
- TA gives the insiders away easily...