veecovee:
Hmmm! Some stocks quickly built up again before the market closure

GTB

Some people have paid "NSE Registration Fees" today. "Course Registration Fees" will come way down the line.

mendes911:

Some people have paid "NSE Registration Fees" today. "Course Registration Fees" will come way down the line.

Hahaha......but some that jumped out will regret monday morning if bulls show up......since i joined nse....i hardly buy on fridays and i sell on thursdays

There is a very strong investors interest in Diamond, FCMB, and First Bank. Today's end of trade showed it all. I think there is still some upside in these banks.

As for UBA and Access, I don't think there time is now, at least until we start seeing very strong interest in them from investors.

You can't predict human behaviour. The market collapsed like pack of cards in just few minutes. The domino effect cut across board.

The principle of planning your trade and trading your plan holds absolutely.

I see a lot of 'follow follow' on this NSE. A lot of are not driven by core foundamentals of the market but largely the herd effect.

I believe the market still has a lot of room for movement.

The days of FCMB <N2, DB<2, FID<2 , etc are FAR BEHIND.
That mentality will only put you in trouble going forward.
Think of the journey of DF and take a lesson from there.
How many bus stops were on that road?
How many times did people regret leaving at each bus stop....
I was a victim too.
I loaded that DF beyond the truck carrying capacity of even dangote trucks and had a clear vision until I started allowing the weather to derail me.

For me, this is very healthy.
I have been expecting this, but unfortunately, my broker is not lucky this time, he has to do belt tightening cos I have a clear plan....

PharmAlfred:
There is a very strong investors interest in Diamond, FCMB, and First Bank. Today's end of trade showed it all. I think there is still some upside in these banks.

As for UBA and Access, I don't think there time is now, at least until we start seeing very strong interest in them from investors.

You can't predict human behaviour. The market collapsed like pack of cards in just few minutes. The domino effect cut across board.

The principle of planning your trade and trading your plan holds absolutely.

I see a lot of 'follow follow' on this NSE. A lot of are not driven by core foundamentals of the market but largely the herd effect.

I believe the market still has a lot of room for movement.

I have been expecting a cup and handle pattern in Flourmill & Access particularly cos I reviewed the charts extensively yesterday night.

ukay2:


GTB

not just gtb, I saw many

DeRuggedProf:
The days of FCMB <N2, DB<2, FID<2 , etc are FAR BEHIND.
That mentality will only put you in trouble going forward.
Think of the journey of DF and take a lesson from there.
How many bus stops were on that road?
How many times did people regret leaving at each bus stop....
I was a victim too.
I loaded that DF beyond the truck carrying capacity of even dangote trucks and had a clear vision until I started allowing the weather to derail me.

For me, this is very healthy.
I have been expecting this, but unfortunately, my broker is not lucky this time, he has to do belt tightening cos I have a clear plan....

Prof, on that highlighted part of your post, NEVER SAY NEVER! There's 100% probability that you will get those prices before the end of this quarter.

Sir Afolabi was once looking for his traditional 1k units of Skye Bank at N4.00 and he was told that the price will never get below N6.00.....

Does anybody here invest in the NASD OTC market? Is that market liquid make person no go hang when you want to sell.

I was just thinking today that with all the indomie noodles and peak milk we take in this country shouldnt I also partake when they are sharing money.

Couldn't lay my hands on the financials of Dufil Prima the makers of Indomie but I found the 2016 annual report of Friesland Wamco makers of Peak Milk.

It is boldly stated there that their policy is to pay out 75% of earnings as dividend.

DeRuggedProf:
The days of FCMB <N2, DB<2, FID<2 , etc are FAR BEHIND.
That mentality will only put you in trouble going forward.
Think of the journey of DF and take a lesson from there.
How many bus stops were on that road?
How many times did people regret leaving at each bus stop....
I was a victim too.
I loaded that DF beyond the truck carrying capacity of even dangote trucks and had a clear vision until I started allowing the weather to derail me.

For me, this is very healthy.
I have been expecting this, but unfortunately, my broker is not lucky this time, he has to do belt tightening cos I have a clear plan....

You no go kill person with laugh

Mpeace:
All de experts don run. Them dey look for exit button but e just dey hide. Chai, tuition fee, you are bad.
As it stands, only oando dey full bid.

+ Skyebank

i must chop 100%, 64 down, 36 to go.
not for the lilly livererd

mendes911:


Prof, on that highlighted part of your post, NEVER SAY NEVER! There's 100% probability that you will get those prices before the end of this quarter.

Sir Afolabi was once looking for his traditional 1k units of Skye Bank at N4.00 and he was told that the price will never get below N6.00.....

Absolutely, but that will be pullback prices. That is what I mean.
By MAY18 things will stabilize far ahead.

mendes911:

Some people have paid "NSE Registration Fees" today. "Course Registration Fees" will come way down the line.

Na only Application fee NSE dey collect now. Registration fee go be later! People should not forget to make caution deposit sha!

Momoney54:
I now understand the meaning of NSE is collecting school fees...

No correspondence course. So you need to pay and attend classes to understand. No selling of manuals self.

Since today is Friday...I will like to hook up with yayira. I Dey take one eye concentrate on her post. Oga Agba, how far with that babe lol

wanaj0:


Na only Application fee NSE dey collect now. Registration fee go be later! People should not forget to make caution deposit sha!

But down the line, they will recover this application fee. The main deal will be course fees.

Godisfaithful:
Since today is Friday...I will like to hook up with yayira. I Dey take one eye concentrate on her post. Oga Agba, how far with that babe lol

Carry go, I don port to Jeez2

fxuser:


breaking out of consolidation
Needs to break N11.53 on d weekly on volume to get that explosive move
outlook is still bullish
all looking nice
Stop loss at 9.50
N9.50 is a very strong weekly support, price has not traded below N9.50 in over 25 wks
patience

@Fxuser, refer above, is the close at 11.97 a breakout sign?

Also, the bolded part is one that still confuses me, what volume is enough volume?

CC: DeRuggedProf, Agbalowomeri

PETERiCHY:


To access the hidden TREASURES of this world, LOCK your funds in ACCESS BANK.
Then RELAX and watch your money GROW.

Thank me later.

*ThE OcToPuS*

"Witch cry for night, pikin die for morning".

This is no more a coincidence sir.

Godisfaithful:
Since today is Friday...I will like to hook up with yayira. I Dey take one eye concentrate on her post. Oga Agba, how far with that babe lol

you talk babe? o ti oooo

Agbalowomeri:


Carry go, I don port to Jeez2

o boy find out the urban dictionary meaning of jeez

make i help small
https://www.urbandictionary.com/define.php?term=jeez%20jizz

Weekend things. . really everybody wan jump out at same time.

Kai trouble bust

bigjay01:


o boy find out the urban dictionary meaning of jeez

make i help small
https://www.urbandictionary.com/define.php?term=jeez%20jizz

Bros you still dey town o

bigjay01:


you talk babe? o ti oooo

Man shall not live by bread alone

Godisfaithful:
Since today is Friday...I will like to hook up with yayira. I Dey take one eye concentrate on her post. Oga Agba, how far with that babe lol

With your moniker I think say you be pastor oooooo . Abi the bull market don change every female to a chorister for your eye

Agbalowomeri:


Bros you still dey town o

full time ooo.

shhhhhh

Oga chibuking81.....i de see you....hope you made money from DF......as your analysis made me to buy DF @4.00..........Thanks

ukay2:
Oga chibuking81.....i de see you....hope you made money from DF......as your analysis made me to buy DF @4.00..........Thanks

DF crown belongs to me.

Any attempt, group of attempts or attempted attempt ...!

bigjay01:


DF crown belongs to me.

Any attempt, group of attempts or attempted attempt ...!

For sure Big J. Nobody can wrestle that from you. Even Alhaji AD knows for you bought cheaper than Aliko himself.

The bulls are still much around...So, no need to be afraid

mendes911:


For sure Big J. Nobody can wrestle that from you. Even Alhaji AD knows for you bought cheaper than Aliko himself.

Am allowed to feel cool oo

bigjay01:


I bought based on this rough analysis:

Share outstanding is 5B

Tigerbrands transferred 3.285B (65.7%) to Aliko.

"Subject to regulatory approvals, DIL will provide TBCG with an immediate cash injection of N10 billion. In return, Tiger Brands will
divest its 65.7% shareholding in TBCG to DIL for a nominal consideration and write off its shareholder loans to TBCG. In addition,
Tiger Brands will assume and settle outstanding debt guaranteed on behalf of TBCG."

This roughly implies that Aliko paid ~N3.04/ share (10B/3.285B).

I bought at N1.16, which is about 62% discount to Aliko's price.

Precedents have shown that Aliko is a very shrewd business man, I am willing to hold with him ...

Not a buy or sell recommendation

Agbalowomeri:


Bros how much did aliko sell the shares to Tigerbrands? I assume they already made a kill by short-selling. So u may be buying at a premium to Aliko's purchase price

bigjay01:


"On the effective date as set out in paragraph 7 below, Tiger Brands will
pay Dangote NGN9.50 per DFM Share, implying an aggregate purchase price
of NGN30,093 million (equivalent to approximately ZAR1.5 billion)
(“Purchase Price”). Excluding the once-off impact of an amount of
NGN1,484 million relating to a provision for irrecoverable claims"

http://dangote.com/Investorrelations/dg-tb_Detailed%20terms-21-Sept.pdf

The bottom line is that he sees value at N3.04!

I also see value with him at 62% discount to his entry price.

I don't see how i am buying at a premium (to him) unless he is willing to sell at any price below N1.16. Will he?

vuum on my legs oo

bigjay01:


Am allowed to feel cool oo





vuum on my legs oo

I changed my mind later o but my village people no allow me dive in