Market update by CSL:
'DANGCEM (CP N238.00; +3.93%) –There were an off-market cross of 128.56m shares at N210.00. The shares were sold as part of the divestment by the major shareholder (Dangote Industries Ltd)'

So these guys became much richer instantly ....

Not sure the noise about C&I Leasing. Doubt new 'numbers' that came out to warrant change of opinion.

The share reconstruction is not really new. It was always on the table.

Now, many companies will 'pump up' their prices because of plan public offers. People need to shine their eyes.

Money is made when you sell, so when buying consider what will happen when you plan to sell. Someone just gave example of Nigeria German Chemicals!

People need to be careful and not get carried away with penny stocks which are looking good but have very POOR corporate governance, Companies that dont release results as at when due.

Position Sizing
- attached is d calculation
- standard or advised risk exposure is 1% of account

#HappyTrading

wanaj0:
Not sure the noise about C&I Leasing. Doubt new 'numbers' that came out to warrant change of opinion.

The share reconstruction is not really new. It was always on the table.

Now, many companies will 'pump up' their prices because of plan public offers. People need to shine their eyes.

Money is made when you sell, so when buying consider what will happen when you plan to sell. Someone just gave example of Nigeria German Chemicals!

People need to be careful and not get carried away with penny stocks which are looking good but have very POOR corporate governance, Companies that dont release results as at when due.

He may try the GERMAN EXCHANGE....

fxuser:
Position Sizing
- attached is d calculation
- standard or advised risk exposure is 1% of account

#HappyTrading

Sentiments does not accommodate sense....
When FCMB goes back for Xmas, we forget this...

DeRuggedProf:


He may try the GERMAN EXCHANGE....

lolllx OMG

fxuser:
Position Sizing
- attached is d calculation
- standard or advised risk exposure is 1% of account

#HappyTrading

Makes a whole lot of sense. Thanks for sharing.

DeRuggedProf:


This is not about CILEASING:
You penned on my heart!
I love constructions, I abhor reconstructions.
PERSONALLY, I have it in my diary as one of my NON NEGOTIABLE trading rules to ALWAYS STAND ASIDE and give reconstructions their FULL RESPECT and SPACE.
No feeble being like me WILL EVER AGAIN stay under a roof that Julius Berger has deployed cranes above it... .
During reconstructions, buildings are to be left to the technical teams....
I was severally injured by debris in the past, I cannot afford a CRANE KNOCK OUT at my age!

De Prof himself! They say experience is the best teacher!! Who wan try you my bros

Investnow2017:


This FORUM is blessed

With monkey hunters

Agbalowomeri:


With monkey hunters

@Agbalowomeri Are you preparing for xmas bonanza ?

N15b Bond: Bauchi Meets Investors to Renegotiate Terms
https://www.businesspost.ng/2017/11/14/n15b-bond-bauchi-meets-investors-to-renegotiate-terms/

MARKET IS BECOMING SICK BUT ADEQUATE DRUG IS MADE AVAILABLE!
Yesterday saw NSE ASI broke away from a 3 day range, however most technical indicators are pointing to a slowing down market. As the index price is rising, momentum indicators are mostly flat and technically, this indicates that the market is not healthy. To be healthy, market price and momentum needs to align. Either market price will swallow its pride and go to meet momentum (meaning market pullbacks) or momentum goto meet price on its "mountainous castle" (price continue to rally).

The goodnews is the index is using another "power" to drive its price up. This power is found in the volume. Yesterday's volume is fairly larger than the volume of the ranging days. If the volume keeps rising, then NSE rally most likely will to continue with momentum catching up later else, price will need to catch up with the declining momentum.

IMPORTANT POINTS
-Price, momentum and volume must keep "rising together" to have healthy rally
-A rising NSE index causes most stocks to rally while most stocks decline in a falling index

PLAN YOUR TRADES AND TRADE YOUR PLANS

currentprice:
lol one of my oga even told Loco this is the stock that will send him back to his village

you are the chief of those who pushed up this stock, and you know that it never works all the time, you tried it on one insurance company (linkage assurance), but it didn't work. One of the main reason it's working on this, is the small outstanding number of shares, Infact few individuals can actually do the same thing on any other stock. And now, herd mentality of investors is incharge of the bid. However it is still possible that it can send one to the village

veecovee:
you are the chief of those who pushed up this stock, and you know that it never works all the time, you tried it on one insurance company (linkage assurance), but it didn't work. One of the main reason it's working on this, is the small outstanding number of shares, Infact few individuals can actually do the same thing on any other stock. And now, herd mentality of investors is incharge of the bid. However it is still possible that it can send one to the village

I dont agree with you on this veecovee.
currentprice is refering to CAVERTON and not CILEASING.
Cileasing has already risen to 100% before he alerted the forum on the ability to do another 100% because of the NUMBERS.
Here,I discovered he has already taking position before broadcasting it,only to hear him said he has sold after few days to his announcement(monkey hunting) .
Cileasing is not a bad investment for anyone who wants to go long only that RECONSTRUCTIONS is not good for Nigeria stocks.You can ask unity bank,iei,union bank,union homes etc.

My question is why will a company with few OS and good numbers and can even pay dividend if they want,.....decide to embark on reconstructions if not to show WICKEDNESS to minority shareholders.

Maybe they want to push away minority shareholders and finally delist the company from NSE.who knows.....

Nevertheless,I am looking forward to position here post reconstructions if the 400m shares will be avalable for us to buy @ #2.00.who knows if the NUMBERS will disappear by then.

This is why Nigeria may never advance in our generation. Pull him down mentality is everywhere.
All those calling on currentprice are envious of his ability to value and predict the direction of stock prices.
He never asked anybody to buy ci leasing.
He never mentioned caverton here. I remember how people here were begging him, mention the stock and all that.

Just wondering what will be the usefulness of this thread if people like Currentprice stop giving their opinion on stocks.
Anyway I have made up my mind to leave NSE for now.

They must have finished taking positions before releasing this info

BBFE:
https://www.msci.com/index-review-frontier-markets

https://www.msci.com/eqb/fm/MSCI_Nov17_FM_SC_PublicList.pdf

https://www.msci.com/eqb/fm/MSCI_Nov17_FM_PublicList.pdf

All our Gurus on this vibrant thread remain invaluable assets to everyone and they will continue to be appreciated by one and all. YOU ARE ALL WARMLY APPRECIATED. Thanks for your selflessness. Please continue to show the way. If not for your contributions many including me would have burnt the surviving fingers after the 2007-2009 Python Dance THANK YOU, THANK YOU, THANK YOU. Please @CurrentPrice don't allow the Oracle to relax, it needs to run like an engine as before. Thank You.

leo1234:
This is why Nigeria may never advance in our generation. Pull him down mentality is everywhere.
All those calling on currentprice are envious of his ability to value and predict the direction of stock prices.
He never asked anybody to buy ci leasing.
He never mentioned caverton here. I remember how people here were begging him, mention the stock and all that.

Just wondering what will be the usefulness of this thread if people like Currentprice stop giving their opinion on stocks.
Anyway I have made up my mind to leave NSE for now.

I think we should ignore all those people trying to derail this thread.

This is Nigerian Stock Exchange Market Pick Alerts thread.

We should be free to share information here without been blackmailed.

DeRuggedProf:



No issue, the 1Kobo rule is watching....

My oga in the house, kindly and sincerely let us know the direction of the market before the year runs out.

leo1234:
This is why Nigeria may never advance in our generation. Pull him down mentality is everywhere.
All those calling on currentprice are envious of his ability to value and predict the direction of stock prices.
He never asked anybody to buy ci leasing.
He never mentioned caverton here. I remember how people here were begging him, mention the stock and all that.

Just wondering what will be the usefulness of this thread if people like Currentprice stop giving their opinion on stocks.
Anyway I have made up my mind to leave NSE for now.

With due respect, I do not agree with you on the bolded. Everybody on this forum is free to air his/her opinion on any stock (either positively or negatively); it is now left for you to choose which way to follow, that is why we always emphasize on DD.

Please let us always encourage opinions/positive criticism on any issue in respect of any stock, That is the beauty of this forum. NOBODY IS PULLING DOWN ANYBODY.

SEC Expresses Worry over Low e-Dividend Enrolment
**Says December Deadline Intact
https://www.businesspost.ng/2017/11/14/sec-expresses-worry-low-e-dividend-enrolment/

BullBearMkt:
MARKET IS BECOMING SICK BUT ADEQUATE DRUG IS MADE AVAILABLE!
Yesterday saw NSE ASI broke away from a 3 day range, however most technical indicators are pointing to a slowing down market. As the index price is rising, momentum indicators are mostly flat and technically, this indicates that the market is not healthy. To be healthy, market price and momentum needs to align. Either market price will swallow its pride and go to meet momentum (meaning market pullbacks) or momentum goto meet price on its "mountainous castle" (price continue to rally).

The goodnews is the index is using another "power" to drive its price up. This power is found in the volume. Yesterday's volume is fairly larger than the volume of the ranging days. If the volume keeps rising, then NSE rally most likely will to continue with momentum catching up later else, price will need to catch up with the declining momentum.

IMPORTANT POINTS
-Price, momentum and volume must keep "rising together" to have healthy rally
-A rising NSE index causes most stocks to rally while most stocks decline in a falling index

PLAN YOUR TRADES AND TRADE YOUR PLANS

My brother, check the monthly chart you will also be amazed. Indicator follows price. Let see the market feel in the next few days.
I do not suspect a divergence. Many thanks

i want to ATTEND THE CI LEASING EGM ON 5TH DEC 2017. PLS HOW DO I GO ABOUT IT. I WAS SENT VIA EMAIL THE EGM NOTICE AND PROXY FORM.
SHOULD I FILL THE PROXY FORM AND SEND IT BACK TO COMPANY SECRETARY OR WHAT SHOULD I DO
THANK

sellydion:


My brother, check the monthly chart you will also be amazed. Indicator follows price. Let see the market feel in the next few days.
I do not suspect a divergence. Many thanks

...check my yesterday's post, I highlighted the daily, weekly and monthly discrepancies. Only emphasising that the index got a new "energy" to push ahead on daily.

.

veecovee:
you are the chief of those who pushed up this stock, and you know that it never works all the time, you tried it on one insurance company (linkage assurance), but it didn't work. One of the main reason it's working on this, is the small outstanding number of shares, Infact few individuals can actually do the same thing on any other stock. And now, herd mentality of investors is incharge of the bid. However it is still possible that it can send one to the village

so this thing still day your mind since pastor when some people already chop 40% and clean mouth on the stock if you think pple can start buying stock mention here because of small outstanding without seeing fundamental surrounding such stock pls start talking good on Nigeria-german, trans-express, japual oil, daar communication and the likes.
see the way you even link linkage insurance to currentprice,, pluto was the member that discover the stock and i agreed with him after checking the fundamental and we concludes that insurance is not that reliable on Qterly report based on experience on NEM

i have never mention any stock directly rather i allow people doing much researches to discover the stock on their own after i post available needed information.... hope you see my SIGNATURE clearly below all my post

if i don't post my opinion here i have nothing to lose but plenty to gain as there is no way you can block my network from reading all my oga's post here.

i said to you before to cool down brov, currentprice is just catching fun here while making profit

BullBearMkt:

...check my yesterday's post, I highlighted the daily, weekly and monthly discrepancies. Only emphasising that the index got a new "energy" to push ahead on daily.

Good!

valentinenwoko:
i want to ATTEND THE CI LEASING EGM ON 5TH DEC 2017. PLS HOW DO I GO ABOUT IT . I WAS SENT VIA EMAIL THE EGM NOTICE AND PROXY FORM.
SHOULD I FILL THE PROXY FORM AND SEND IT BACK TO COMPANY SECRETARY OR WHAT SHOULD I DO
THANK

If your location is close to the venue, just take a taxi there. Simple. Proxy form is useful when you want someone to attend on your behalf (you are vesting your rights at/for that meeting on the fellow).

one of the good penny stocks i missed earlier has started rolling back.I will be glad to see it @ #1.00 or below if possible.
currentprice look well and find it out.

pls what is the latest on OANDO/ SEC COURT CASE.IS THE FORENSIC INVESTIGATION GOING ON. ANY NEWS CONFIRMED OR RUMOR
.PLS SHARE