Hello Mr BEAR don't forget to touch GTB in your season.

Trim her fat and let her come down to as low as #25

locodemy:
see as market erased my profits in cadbury and fbn.
Maybe Transcorp may follow tomorrow.
Only left with llittle profit in fcmb....who knows if it will touch #1 self........

thk God u didn't put like N10mlln in cilease or caverton ... Village people for no accept your story. Many that bought cilease at N2 will soon sell below N1.20

locodemy:


FO FULL OFFER
CADBURY FULL OFFER
FCMB FULL OFFER
CAVERTON FULL OFFER
CILEASING FULL OFFER
OANDO FULL OFFER
TRANSCORP FULL OFFER etc

d only one i like is d power coy
let me add some bid again to transcorp

Fcmb
- d support / entry is dat n1 area (stop loss below)
- d JIJO's people will exit at 1.20 and wait again ! its frustrating to long term holders of d stock

fxuser:


prev support levels are good areas !

Ex:
i like
- fidelity at dis 1.60 level ( bought some and have bids lower also)
- transcorp too at dis 1.33 level (been buying from yesterday at 1.35 and today also )
Note: dis does not mean it may not go down further oh but timing a absolute lowest point before it reverses is a fool's game !
just have ur stop loss at a point where the trade does not make any sense to hold
-zenith at n22 (not there yet and may or may nt get there, we wait and see

i suffer from itchy fingers a lot loll, so if i spread my buys but i get carried away a lot too loll

@Fxuser, Bros could you check TA on NASCON and advise as above.
@Currentprice, could you help with the fair price. Thanks guys!

mkt closed ! wat a bearish day !

Bianco1:


@Fxuser, Bros could you check TA on NASCON and advise as above.
@Currentprice, could you help with the fair price. Thanks guys!

not a fan of d volume behaviour
n12 - 13 is demand area

fxuser:



not a fan of d volume behaviour
n12 - 13 is demand area

Thanks Bro...me have medium to long term value (dividend) mindset not jijo. Just that most Nigerian companies/CEOs disappoint a lot.

samguru:
Hello Mr BEAR don't forget to touch GTB in your season.

Trim her fat and let her come down to as low as #25

this bear very very partial cud not even dent GTB a lil ! lollx

fxuser:
mkt closed ! wat a bearish day !

This is small, small bear now, bear's are coming next week up now or are you a small child in NSEMPA ?

locodemy:


FO FULL OFFER
CADBURY FULL OFFER
FCMB FULL OFFER
CAVERTON FULL OFFER
CILEASING FULL OFFER
OANDO FULL OFFER
TRANSCORP FULL OFFER etc

Am out for good.
Finally sold my nestle at a loss. However, overall profit for the year was good. Over 100% ROI.

fxuser:


d only one i like is d power coy
let me add some bid again to transcorp

Fcmb
- d support / entry is dat n1 area (stop loss below)
- d JIJO's people will exit at 1.20 and wait again ! its frustrating to long term holders of d stock

Long term holders like me don't check price movements regularly like JIJO guys, we focus on the fundamentals and credible news surrounding the stocks and take 'advantage' of the opportunities offered by any BEAR seasonal moments. STORY

leo1234:



Am out for good.
Finally sold my nestle at a loss. However, overall profit for the year was good. Over 100% ROI.

Best investor of the year.Enjoy your loot o.

Investnow2017:


Long term holders like me don't cheque price movements regularly like JIJO guys, we focus on the fundamentals and credible news surrounding the stocks and take 'advantage' of the opportunities offered by any BEAR seasonal moments. STORY

so if you buy fbn at 7 and i buy mine at 3,are we in the same class?
@ NSE,the jijoists make money while the long termers will continue to average down.
Make money when you have the opportunity.

fxuser:


d only one i like is d power coy
let me add some bid again to transcorp

Fcmb
- d support / entry is dat n1 area (stop loss below)
- d JIJO's people will exit at 1.20 and wait again ! its frustrating to long term holders of d stock

Imagine one buying fcmb at #1.00,sold at #1.20 and relax waiting for it at #1.00 again.
The greatest mistake I have ever made this year is buying cadbury at 11 and not selling at #12+.
God,pls give me another opportunity for JIJO (15-20%)and see if I will disappoint you.........

maishai:


Guy r u sure, dat zenith went as low as #8 during the height of the presidents stubborness in tightening foreign currency tranzactions......Can u have mind to see a stock u bought for 28# go down to #6.. Bear market no easy o!

Don't mind the hurrible human beings. Stock market will always flunctuate. We should allign our minds with this inevitability. If you can be selling your stocks in every fluctuation, good for you. You can't time the market. There are a few stocks that will even appreciate during this bear. Some stocks didn't leave their positions in the last bear than spanned more than a year !

veecovee:
thk God u didn't put like N10mlln in cilease or caverton ... Village people for no accept your story. Many that bought cilease at N2 will soon sell below N1.20

why should they sell?

veecovee:
thk God u didn't put like N10mlln in cilease or caverton ... Village people for no accept your story. Many that bought cilease at N2 will soon sell below N1.20

The man quoting you travelled.
He just came back.
Explain to him wetin dey on board now.

The vibes in NSEMPA forum in this bear mkt sounds very matured.
Evidence of members' increasing experience.
Newbies, pls always know that there are 2 distinct categories of investors here:
1). Investors - (Long term)
2). Traders - ( Short term)
Know what you want, and invest accordingly.
If you see d mkt as a gamble, it will forever manifest accordingly.
See it as an avenue for generational wealth creation, and it shall be so for you.
Traders bank their profits and hold their capital, pending when suitable to re-enter d mkt.
Investors stay put, looking to continuosly average-down on their existing holdings or enter irresistibly low priced value stocks.
You could be any or both of these 2 categories per time.
We hv seen elections come and go, stock market crashes of all sorts, but the mkt lives on, making the knowledgeable players richer.
As for me, after my first stock mkt investment in 1998 (when Nestlé was around N9 or so per share!) till date, I can affirm that knowledge is the key to how well you do in the mkt.
N/B : [N100k invested in Nestlé then is worth N13m now]!
You see, the most ferocious bear couldn't stop a sound stock pick like that.
Do not be bullied into a panic buy or sell.
See my signature...Warren Buffett said that.

No new on both sides.

OakPearl:
The vibes in NSEMPA forum in this bear mkt sounds very matured.
Evidence of members' increasing experience.
Newbies, pls always know that there are 2 distinct categories of investors here:
1). Investors - (Long term)
2). Traders - ( Short term)
Know what you want, and invest accordingly.
If you see d mkt as a gamble, it will forever manifest accordingly.
See it as an avenue for generational wealth creation, and it shall be so for you.
Traders bank their profits and hold their capital, pending when suitable to re-enter d mkt.
Investors stay put, looking to continuosly average-down on their existing holdings or enter irresistibly low priced value stocks.
You could be any or both of these 2 categories per time.
We hv seen elections come and go, stock market crashes of all sorts, but the mkt lives on, making the knowledgeable players richer.
As for me, after my first stock mkt investment in 1998 (when Nestlé was around N9 or so per share!) till date, I can affirm that knowledge is the key to how well you do in the mkt.
N/B : [N100k invested in Nestlé then is worth N13m now]!
You see, the most ferocious bear couldn't stop a sound stock pick like that.
Do not be bullied into a panic buy or sell.
See my signature...Warren Buffett said that.

How much was Oceanic Bank, Intercontinental, First Bank, UBA in 1998 and how much are they worth now?

fxuser:


prev support levels are good areas !

Ex:
i like
- fidelity at dis 1.60 level ( bought some and have bids lower also)
- transcorp too at dis 1.33 level (been buying from yesterday at 1.35 and today also )
Note: dis does not mean it may not go down further oh but timing a absolute lowest point before it reverses is a fool's game !
just have ur stop loss at a point where the trade does not make any sense to hold
-zenith at n22 (not there yet and may or may nt get there, we wait and see

i suffer from itchy fingers a lot loll, so if i spread my buys but i get carried away a lot too loll

So you are the one competing with me during this auction period?
Fidelity started tempting me at N1.62.....Hoping to see those offers at N1.56 and below...
Transcorp could no longer be resisted at 1.34....
I am no longer afraid of Diamond. . . ...The 24B from asset disposal no go all go into expenses.... .
Experience has shown me that when the party is ready, this old news will be dusted and used in taking the stock above expectation.

Bianco1:


@Fxuser, Bros could you check TA on NASCON and advise as above.
@Currentprice, could you help with the fair price. Thanks guys!

below was previous post that discus fairprice base on Q3 only

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/19934_NASCON_ALLIED_-_9_MONTHS_SEPT_2017_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

Manonamission:

WOW!!!
Edit: EPS stated in result was actually annualised. 9M'17 EPS is N1.53

currentprice:


not that attractive for my side, the result has been factor in currentprice long time before released. fairvalue stand around N15

_{^{[b]
not a buy/sell recommendation o}}

locodemy:


Imagine one buying fcmb at #1.00,sold at #1.20 and relax waiting for it at #1.00 again.
The greatest mistake I have ever made this year is buying cadbury at 11 and not selling at #12+.
God,pls give me another opportunity for JIJO (15-20%)and see if I will disappoint you.........

When we buy A STOCK and classify IT as both a long term investment and a JIJO stock, the battle has ended....

currentprice:


below was previous post that discus fairprice base on Q3 only

hope u know if Q4^{"Audit report"} numbers factor in... it could value up or down depend of the outcome of the report

currentprice:


hope u know if Q4^{"Audit report"} numbers factor in... it could value up or down depend of the outcome of the report

We watch. Thanks Bro!

samzepaparazi:
Stocks to watch before the week runs out.

CI leasing
Diamond
Fcmb
Transcorp.

Alot of room for arbitration.

Please can someone give a hint on why ci leasing is crashing badly

What made it rise before? Purely 'Pumping and Dumping'

People are paying tuition fees

locodemy:


Imagine one buying fcmb at #1.00,sold at #1.20 and relax waiting for it at #1.00 again.
The greatest mistake I have ever made this year is buying cadbury at 11 and not selling at #12+.
God,pls give me another opportunity for JIJO (15-20%)and see if I will disappoint you.........

If you try this next year you may not know when ten father's of bear will enter .

[quote author=OakPearl post=62404718]The vibes in NSEMPA forum in this bear mkt sounds very matured.
Evidence of members' increasing experience.
Newbies, pls always know that there are 2 distinct categories of investors here:
1). Investors - (Long term)
2). Traders - ( Short term)
Know what you want, and invest accordingly.
If you see d mkt as a gamble, it will forever manifest accordingly.
See it as an avenue for generational wealth creation, and it shall be so for you.
Traders bank their profits and hold their capital, pending when suitable to re-enter d mkt.
Investors stay put, looking to continuosly average-down on their existing holdings or enter irresistibly low priced value stocks.
You could be any or both of these 2 categories per time.
We hv seen elections come and go, stock market crashes of all sorts, but the mkt lives on, making the knowledgeable players richer.
As for me, after my first stock mkt investment in 1998 (when Nestlé was around N9 or so per share!)Thank's, Next OANDO .

[quote author=ihedioramma post=62408350][/quote]

I laugh when you say Generational wealth creation... Not in Nigeria where profitable company today SUDDENLY turns to a struggling one over night and at the end cease to exist with people's money (long term investors.. ) going down the drain...

The best approach considering the high country risk and terrible self aggrandizement of most Nigerian CEOs who feast on innocent shareholders fund, you limit your long term to between six months to one year subject to evaluation on periodic basis. This is the best way to protect one's investment. For instance, look at the share reconstruction plan of CI leasing and now imagine someone who had invested substantial part of his money in the company with the intent of growing his "wealth"and wakes up to hear about this news... That his investment is going to be slashed. Trust me, Yaba left (psychiatric hospital) will be his new home...

For me, i am a trader and medium term player...This way i can at least have rest of mind and save myself from those cowboy CEOs...

I doubt if next year's election will bring much bears. The election will most likely be an all aboki affair with very little tension(mostly in the north). If it is the fear of having a bad leader from the election, I doubt that too. No leader can be worse than the one we have now.