Eterna don vex finally
Where that my friend that moved off eterna

locodemy:
See as people lined up to grab oando.No unit remain on ground.
make una tell us wetin una dey see wey we no dey see oooo.

Sitting tight on my units...

fxuser:

as we say in crypto
Just fill your bags & hold
hv a blessed and fruitful week ahead

Once again u have spoken well.
...Indeed cryptologically, this is the best time to even overload some select coys
...I believe its gonna be a long ride. ...so fasten ur seat belts folks !!
Btw, now is the best time to key into oil and gas coys. ...that sector sure does have some 'juice to sip from' ...CONOIL AND ETERNA readily comes to mind.

DD herein advised pls.

locodemy:
See as people lined up to grab oando.No unit remain on ground.
make una tell us wetin una dey see wey we no dey see oooo.

added some units on thursday..I believe something is cooking, let's wait and see

currentprice:


all declear positive report

below are their EPS:

Eterna 1.55, Conoil 1.96, Mobil 12.7, Total 17.5 , FO 50k

thanks but what I mean is the companies that depreciated most, comparing their last year results

DF on early bid....

Coolcash1:
DF on early bid....

Please Coolcash, which site is showing you this bid and offer?

Toluway:

Please Coolcash, which site is showing you this bid and offer?

TRW trading platform...You will need to register to have access to it.

@loco,Can you see what is happening to Trancorp?

Agbalowomeri:
Eterna don vex finally
Where that my friend that moved off eterna

M y broda I have no regret leaving Eterna for diamond, since I left, Diamond has done 50% while Eterna is on 20%. I go still enter at the right time

TRANSCORP also on full bid....sir loco how far?

Coolcash1:

TRW trading platform...You will need to register to have access to it.

Thanks

Transcorp on full bid.only the market knows it all.
Tim bon tim bon be our own here.

Mpeace:
M y broda I have no regret leaving Eterna for diamond, since I left, Diamond has done 50% while Eterna is on 20%. I go still enter at the right time

Correct guy; you must declare for mama Ejiro side o

Coolcash1:
@loco,Can you see what is happening to Trancorp?

From experience,whenever a stock is close to its 52wks high,it doesnt pullback till it breaks it.
We will see #2.00 this week.I can rest at that point.

bit come oooo why una eyes to waka for all stocks.una be ole for stocks?

Timing is Everything

- quick thot on Nbrew
- noticed higher opening + big vol (over 60m traded valued > N8 bln
- after a disappointing q3 , Sp took a 30% correction from N190 to N130
- and Sp been trying to hake off bears , still trading under 50dma

What was the Issue
- '' NB’s Q3 sales of N73.7bn grew by 13% y/y while PBT and PAT declined by - 84% y/y and -75% y/y to N369m and N260m respectively.
- The y/y sales growth was completely offset by a combination of factors:
1) a -143bp y/y contraction in gross margin to 34.4%
2) a 16% y/y rise in operating expenses
3) a 47% y/y growth in net finance costs. These negatives led to the significant y/y PBT decline. ''

Link: https://www.proshareng.com/news/Stock%20&%20Analyst%20Updates/Nigerian-Breweries-Q3-2017-Results-Review--FX-Related-Costs-Weigh-On-Earnings/37402

Thots
- revenue is not an issue , beer still sell lol
- fx related finance cost jump ( Arrgh THIS ''WAS'' the koboko) , now that WE all know fx is no longer the issue , we can expect a reversal going fwd along with drop in loan rate and bebelo ( time will tell)
- expect this same analyst to come and change mouth by Q2 loll , na dem way


TA
- the daily RSI is break back above the 50 ( momentum is building)
- the macd is also closing in on d zero line
- i expect the SP to break back above the 50dma
- the 10 and 20 dma have formed a higher low (umm ) both are sloping upwards
Chart: https://invst.ly/6a30t

Timing
- those who like bottom or support entry , this is what u have been waiting for

Recommendation for those who like '' long term play Hold ''
Entry: pref below N140
Target 1 N160
Target 2 N190
Risk 7%
Reward: 20% (Target 1)
Support / Stop Loss: N130
Duration: long hold , this stock is not explosive

Dis
(pls adhere to stop loss, i will not be held responsible for your trades)
DYOR: do your own research
DYODD: do your own due diligence

BullBearMkt:

...if I may take it from @fxuser - Let's use a simple analogy of a physical commodity, say Rice
-I know there are times when prices move so low and people pump money to buy more(higher volume). This isn't moving together.
If rice falls today, many consumers and retail traders will quickly buy more since they now see it cheaper than usual. Rice price and volume (buyers' participation are not moving together here).
-There are also times that when prices are rising, people continue to buy more. Here prices go higher and volumes does too. I believe this is what you mean.
What will happen along the line is that, major rice distributors will want to make more profits and gradually start increasing rice price, while volume may remain the same/or slightly increase as more buyers will be coming in for fear that the price will soon be out of reach.
As major rice distributors increases the price, buyers' participation start to decrease; it is now out-of-reach for certain people. Some people might want to try Tuwo or other similar products like rice

-The third scenerio is when prices are up and people want to buy and bid higher, but the holders don't want to sell in anticipation that prices will continue to go higher. Hence anyone who buys usually buys a small volume because people don't want to sell.
"If it is not Panadol, e no fit be like panadol" goes the popular advert. Many people now wants to eat the real rice, buy for festivals, ceremonies etc and ready to pay for current price. Major distributors saw this as opportunities to make more profits, so they keep increasing the price but alas ONLY FEW CAN AFFORD IT AND EVERYBODY IS SHOUTING THIS GOVERNMENT IS BAD.

This is also biting hard on the profit margin of the distributors (some listening govt can even intervene through some incentives), and so major rice distributors will then gradually start reducing the price while more people will be happy to stock their homes and shops with rice.

IT'S ALL ABOUT DEMAND AND SUPPLY

lol
just catching up

FY 2017: Vitafoam Nigeria Posts N128m Loss Despite 30% Rise in Revenue
https://www.businesspost.ng/2018/01/08/fy-2017-vitafoam-nigeria-posts-n128m-loss-despite-30-rise-revenue/

Economy: Investors Panic as CBN ‘Suspends’ MPC Meeting
https://www.businesspost.ng/2018/01/08/economy-investors-panic-cbn-suspends-mpc-meeting/

FCMB’s Ladi Balogun Becomes Legacy Pensions Chairman
https://www.businesspost.ng/2018/01/08/fcmbs-ladi-balogun-becomes-legacy-pensions-chairman/

This is a real bull ooo. Chai

locodemy:


From experience,whenever a stock is close to its 52wks high,it doesnt pullback till it breaks it.
We will see #2.00 this week.I can rest at that point.

bit come oooo why una eyes to waka for all stocks.una be ole for stocks?

chai your TA is spot on sir

@Agba,

I now tend to agree with you that all these transcorp cross deals are all same entity, both buyer and seller.....

currentprice:


all declear positive report

below are their EPS:

Eterna 1.55, Conoil 1.96, Mobil 12.7, Total 17.5 , FO 50k

My EXTREMELY FATAL FORMULA of fair price AS AT Q3 based on this data, IF it is ALL Q3:


ETERNA: N9.3
CONOIL: N11.76
MOBIL: 76.2
TOTAL: 105
FO: N3.

NB: Its a personal formula and takes account of ONLY the EPS.
Note that Q4 is not factored in this calculation.
Fair value has since shifted depending on whether the management is creating value or boosting the share price of NB....

Transcorp
- SP is trading above fri close wh is healthy and a good build up to resistance
- to those who like TA, pls looks at the weekly chart and see how the 2 yr inverted H&S on d weekly is forming nicely, the neckline is that wicked N2 level , wh is d Highest Weekly Close in d last 2 years
- so there are many sellers packed there ( . . all those bitter people from years past and dem extended family members that have been carrying the losses for over 2 years and they are VERY bitter & eager to get out at ''break even'')
- anyway it's a very important psychological level for everyone
- So a break above is bullish but we have to expect a serious retest by profit takers and the bitter holders
- that retest will open another opportunity for those who wud like to join in or get out , watever ur strategy is.

Note to Self
just hold , remain unshaken, stop that itchy finger lol and keep calm


Dis:
still holding.
stop loss was 1.35

DeRuggedProf:



My EXTREMELY FATAL FORMULA of fair price based on this data, IF its is ALL Q3:

++++
FO: N3.

lolll. chai wicked

RabbiDoracle:
This is a real bull ooo. Chai

The market is in need of fresh funds, else stocks will lose by close of trading today.

DeRuggedProf:



My EXTREMELY FATAL FORMULA of fair price based on this data, IF its is ALL Q3:


ETERNA: N9.3
CONOIL: N11.76
MOBIL: 76.2
TOTAL: 105
FO: N3.

Its a personal formula and takes account of ONLY the EPS.
Note that Q4 is not factored in this calculation.

I see

umm Mail from FSDH (narrative don change mouth)

Quote below

Ø FSDH Research expects business profit and consumer income to grow higher in 2018 than in the last three years
Ø Our analysis of the recent data from the Central Bank of Nigeria (CBN) on the business and consumer expectations confirms this position
Ø The surveys that the CBN conducted in December 2017 show that the expectations of firms and consumers about the next 12 months improved from previous months.
Ø The improvement in the business expectations should drive business expansion and increase the employment of labour
Ø The increase in consumer expectations will increase spending which will have positive impact on businesses
Ø The interrelationship between the two economic agents (business and consumer) will drive business profit and consumer income
Ø The latest Purchasing Managers’ Index (PMI) report that the CBN published for the month of December 2017 shows improved business activities in both the manufacturing and non-manufacturing sectors
Ø We expect the anticipated growth in the business profit and consumer income to drive equity market investments and position corporates to access long-term capital needed for expansion
Ø Banks should also be more favourable to extend credit to both businesses and individuals, leading to a growth in the National Disposable Income
Ø The recent drop in the yields on the Nigerian Treasury Bills (NTBs) should also lower the borrowing cost for the business sector, boost production activities and increase profits.

End Quote

DeRuggedProf:



My EXTREMELY FATAL FORMULA of fair price AS AT Q3 based on this data, IF it is ALL Q3:


ETERNA: N9.3
CONOIL: N11.76
MOBIL: 76.2
TOTAL: 105
FO: N3.

NB: Its a personal formula and takes account of ONLY the EPS.
Note that Q4 is not factored in this calculation.
Fair value has since shifted depending on whether the management is creating value or boosting the share price of NB....

Fair value is a guide, the market decides. Hail Mr Market. In 2008 fair value of insurance companies by analysts was N5 or something. 10 years down the line, Yet to see this?

^^

dipoolowoo:
Vitafoam Nigeria Board Proposes 15k Per Share Dividend
https://www.businesspost.ng/2018/01/08/vitafoam-nigeria-board-proposes-15k-per-share-dividend/

DY of 10% should be the minimum for a stock like this. So let the price correct back to N1.50 then we can look this side.

Vita foam has released results. See the full offer there.

Na so e go be for transcorpse soon