emmanuelewumi:


90% or more of their books are directly supplied to schools and educational institutions.
For now most schools expect students to have text books.

RabbiDoracle:


I agree with you and FX sir.

But what I'm.asking is this:

If the price of a stock gains 10% but the volume that cause the gain is like 200,000 units. Let's say for a bank stock, what can you adduce to the reason for this.

(1) people don't want to sell but people are bidding higher. Hence those that sold, did so at the maximum price.
(2)price is about reversing based on the fact that volume sold is divergent with the price rise.
(3) all of the above.

sky2891:
BBM, FXUSER:
Please, what's TA saying about Diamond bank?

Agbalowomeri:


I think most of the indicators use moving averages over several days; so even if the current absolute volume has decreased it may still not register until it continues for several days and vice versa
Eventually if the price is high enough, you will agree that more people would be willing to sell; volume increases
If the price is low enough, more people will be willing to buy; volume increases

Cadillac15:


After a brief stop over at bukah 5

RabbiDoracle:
All these FUTO ogas don leave engineering come dey practice investment.

Anyway Na investment engineering.

Oya, oga onegentleguy, let the cat out of the bag ooo...wetin the CFO of that bank talk.

Na one house.

Do you still have that FUTO attitude of not sharing ideas and exam materials so that only you will pass

currentprice:


i know his question will end this way abi no be oracle

anywhere oga oracle day

for poster :be ready to answer questions

for members/guest : ready to learn

oracle knows exactly what a poster post but he like other people to get the good clue of the post,, he will start questions over questions and the gidigbo go start from any member with ideas. after many pages of rush for the answer. you will see _{^{i agree with u}} he used this kind questions to let dr.abraham vomit anything he knows about CASH analysis back in 2012 and many more at the end nko "I AGREE WITH U"

_{^{you never see anything from oracle, don't be surprise when you see oracle reply to a line of sentence from a poster with full pages of arithmetic numbers}}

anyway i have learn negative/positive divergence this morning abeg make BullBearMkt or yok post another technical issues and let another gidigbo start

currentprice:
only 2 things cutix take beat upl are

their efficient rate and free cash

in my opinion if both declear loss for the 2nd part of their finacial year. the current UPL q2 can still push price above N4 am not sure of cutix to N3

cc pa. emma. - the 2m unit of dis stock you bought yesterday make sense

currentprice:
only 2 things cutix take beat upl are

their efficient rate and free cash

in my opinion if both declear loss for the 2nd part of their finacial year. the current UPL q2 can still push price above N4 am not sure of cutix to N3

cc pa. emma. - the 2m unit of dis stock you bought yesterday make sense

RabbiDoracle:


I agree with you.

However the treat is still there.

Most kids now are gadget freaks. Once you give a 2 to 3 year old kid a phone, they are already sliding it upwards or sideways to open it. They are already opening games. They know what looks appealing to them and they touch to click. They are wired like that nowadays. A time will come when they will not want to carry books. They will just want to read e-copies of every book.

The time is drawing nearer.

onegentleguy:


Yes I love CUTIX, but I love UPL even more.
...If they were both women and I had the option to choose, i'll marry UPL and make CUTIX my 1st concubine.

wanaj0:


They are suppliers to government. The money is in school textbooks. Guaranteed income stream. UPL is recovering from some bad performance.

RabbiDoracle:


This is good.

I don't even look at UPL, like I said, because of the threat. Na play play you go hear say kids dey use gadgets to study.

As for wires and cables, you can't do without it. The competition is just the supply of cheaper wires and cables from Asia

RabbiDoracle:


I agree with you and CP. Reason is this.

Based on Ben Graham net of net:
Get the value of
(Current assets - Total liabilities)/ outstanding shares

Assume it is X.

Then let your buying price be Y= 2X/3

If you do this, you will get N2.05 or so.

So those who bought at this price and also what pa Emma bought did so at a bargain.

Why? Because your calculation was based on current assets and total liabilities. How about the fixed assets. They are just free! You are buying based on that price while You excluded the fixed assets.

add this one to my learning pot

onegentleguy:


The truth is that CUTIX is great. ...but for anything they operate in a segment with huge prospect.
Except for the competition from accrued product import, this coy is doing great.
My only worry is with the level of cooperate governance. ...Yes we don't get to see a lot of it especially in this investment clime, but I'll be concerned a bit more with cutix. ...I prefer to be cautiously optimistic when a Nigeria coy is tended towards a 'one man show'.
From what I know, cutix is more or less a family biz. ...and I have less trust for those Nnewi guys.
Btw, this does not mean that one might not reap gains from it. ...we all can, but caution should be our watchword.

RabbiDoracle:


Bia oga, I'm from Nnewi o

Peterichy is from there too

emmanuelewumi:
MJ


The offer will be over subscribed, the issuing houses handling this offer are top notch, Stanbic IBTC capital, FBN Quest merchants Bank and Zenith capital.

Currently processing a N10 Million 6 months facility for this offer.

Your best bet is to buy the rights on the floor from those who won't take their rights rather than asking for additional rights.

onegentleguy:


No vex my oga. ...No be u I dey refer to. ...na MR CUTIX.

selade:
@Emma

Are you planning to hold for just 6 months or for long term.

I'm going for my rights as well, although didn't explore buying additional rights before now.

RabbiDoracle:


Does your English name start with letter K?

If it does, then I know you.

selade:
@Emma

Are you planning to hold for just 6 months or for long term.

I'm going for my rights as well, although didn't explore buying additional rights before now.

selade:
@Emma

Are you planning to hold for just 6 months or for long term.

I'm going for my rights as well, although didn't explore buying additional rights before now.

RabbiDoracle:


I know they used to pay 35 kobo in the past. How come they paid 10 kobo the last time

I have missed this bargain. Chai

Agbalowomeri:
I am beginning to doubt if dow jones will survive this year without a crash

emmanuelewumi:
I expect a spin off from Flour Mills of Nigeria, the company manufactures vegetable oil, margarine, sugar, Flour, noodles, involved in Agriculture and real estate.

emmanuelewumi:
MJ


The offer will be over subscribed, the issuing houses handling this offer are top notch, Stanbic IBTC capital, FBN Quest merchants Bank and Zenith capital.

Currently processing a N10 Million 6 months facility for this offer.

Your best bet is to buy the rights on the floor from those who won't take their rights rather than asking for additional rights.

emmanuelewumi:
MJ


The offer will be over subscribed, the issuing houses handling this offer are top notch, Stanbic IBTC capital, FBN Quest merchants Bank and Zenith capital.

Currently processing a N10 Million 6 months facility for this offer.

Your best bet is to buy the rights on the floor from those who won't take their rights rather than asking for additional rights.

ukay2:



Sir, how can i achieve this bold statement? Also which dates are the opening and closure of the right.....
Thanks