Toluway:
In addition, being à trader or àn investor is à choice

100% true talk....but each of the two strategy get best season for max profitability. Foreign investors are strongly in the game now. Their own JIJO na for one purpose only - to shake you off your good position. They are long term big time. They are heavy manipulators cos they control extra huge volumes. They make the market more unpredictable. Once they trigger fake pullback, you go follow them sell your own descent position. They will position to buy yours and theirs back. This is the time brokers make serious yanga and buying a descent position can sometimes become frustrating. So understand the season fellas - can't beat foreign investors in the JIJO game. Once they have SEIZED significant percentage of good positions - na dat time dem go unleash the REAL BULL and make the market difficult for even barber and market woman to resist the urge to join the PARTY....

My 2 kobo Opinion. BE SAFE

soloniger:
at times this debate tiers the group apart

I don't even know which one I be sef; am I a trader or an investor? All I know is that I dey make money

Agbalowomeri:


I don't even know which one I be sef; am I a trader or an investor? All I know is that I dey make money

safepaulooo:


100% true talk....but each of the two strategy get best season for max profitability. Foreign investors are strongly in the game now. Their own JIJO na for one purpose only - to shake you off your good position. They are long term big time. They are heavy manipulators cos they control extra huge volumes. They make the market more unpredictable. Once they trigger fake pullback, you go follow them sell your own descent position. They will position to buy yours and theirs back. This is the time brokers make serious yanga and buying a descent position can sometimes become frustrating. So understand the season fellas - can't beat foreign investors in the JIJO game. Once they have SEIZED significant percentage of good positions - na dat time dem go unleash the REAL BULL and make the market difficult for even barber and market woman to resist the urge to join the PARTY....

My 2 kobo Opinion. BE SAFE

My advice is for everyone to keep his/her eyes on the market, so that you will not be caught unaware. Be it investor/JIJO, no strategy is perfect for the NSE.

fxuser:


Q1)
above avg volume
u can find this on nse web also , or on you morgan cap reports

Q2)
prev daily closing high in dec was N9.29 on 12 Dec
Price closed above 9.29 on 4 dec = breakout

Most recent closing daily high is N11.53 on thurs (d last highest green candle)
If Price closes above N11.53 , dats a new break out , if it closes below .. den dats a further pull back

Note
despite the lower closure on friday , price still closed above the prev day closing.
Let me stop here

It did close lower(11.97) than the previous day closing(12.10)

Thanks so much, Jah bless.

So really if anyone here wins 431million dollar jackpot. Will you still stock trade?

jarkbauer:
So really if anyone here wins 431million dollar jackpot. Will you still stock trade?

If I get 200 million NAIRA sef, na retirement be that unless I see global meltdown where I can put 50 to make another 200

ndidigood:
Meristem stockbrokers and Morgan capital They are good I use the 2..

thanks so much.

Agbalowomeri:


If I get 200 million NAIRA sef, na retirement be that unless I see global meltdown where I can put 50 to make another 200

Na so

https://www.youtube.com/watch?v=Pz_9VsW869Y

DeRuggedProf:

https://www.youtube.com/watch?v=Pz_9VsW869Y

Nice Info

which time be that oga agba?

Agbalowomeri:
I don't have an exit price
I only have an exit time

9mobile Sale Suffers Huge Setback as Court Quashes Process?
https://www.businesspost.ng/2018/01/14/9mobile-sale-suffers-huge-setback-court-quashes-process/

chunkuli:
which time be that oga agba?

1st week of February

However at that time I may look to see if I could arrange a quick 20% of Afriprud

Next real attack; end of April to exit end of May - another feast on banks

Last attack for the year in June: Flourmills

Disclaimer: You are on your own o. Me na weather o

Agbalowomeri:


1st week of February

However at that time I may look to see if I could arrange a quick 20% of Afriprud

Next real attack; end of April to exit end of May - another feast on banks

Last attack for the year in June: Flourmills

Disclaimer: You are on your own o. Me na weather o

Agbalowomeri:


1st week of February

However at that time I may look to see if I could arrange a quick 20% of Afriprud

Next real attack; end of April to exit end of May - another feast on banks

Last attack for the year in June: Flourmills

Disclaimer: You are on your own o. Me na weather o

YOU TOO MUCH

Agbalowomeri:


1st week of February

However at that time I may look to see if I could arrange a quick 20% of Afriprud

Next real attack; end of April to exit end of May - another feast on banks

Last attack for the year in June: Flourmills

Disclaimer: You are on your own o. Me na weather o

Oga, this your timelines won't work.

The market will be on fire by first week of February because the early birds - FO, UCAP and AFRIPRUD, would have released their results. These companies are all going to surpass expectation. I kid you not, they will make investors wow.

Now, the present bull is propelled by funds from foreign, PFAs and the expectation of good results. Once these 3 companies results are out, it will signal what others are likely to report. That is when they'll all start scrambling to buy and take prices to new territories.

My own strategy is to buy on dips with available cash and exit in April or May depending on the temperature of the market.

BBFE:


Oga, this your timelines won't work.

The market will be on fire by first week of February because the early birds - FO, UCAP and AFRIPRUD, would have released their results. These companies are all going to surpass expectation. I kid you not, they will make investors wow.

Now, the present bull is propelled by funds from foreign, PFAs and the expectation of good results. Once these 3 companies results are out, it will signal what others are likely to report. That is when they'll all start scrambling to buy and take prices to new territories.

My own strategy is to buy on dips with available cash and exit in April or May depending on the temperature of the market.

I am not trying to predict the market o. I have only written MY OWN timelines on my plans

Edit:
Just to add that the expectations you have put out are what is being priced-in at the moment (IMO)
Mr. Market is the king however

DeRuggedProf:



I shifted from trading the daily timeframe to the weekly timeframe, now I am moving ahead to trade the monthly timeframe.

Reasons: 1. Hot money to be used for the real bull is still in prison, yet to be released.....
2. Some very good stocks are still far behind their fair values.
3. Every attempt at a pullback has failed woefully e.g see how fidelity charged back at the bear when it dared his door bell.
4. I no longer play with the issue of commissions when my stop loss is not triggered.
5. Most times, I jump over only to complete the profit I would have made, short of commissions, if I did not jump.
6. I am not under any obligation to trade every day/week/month. It is my account....
7. My stocks of interest are looking too beautiful on the monthly chart to prost*tute with the daily noise....

loll
Taking out the noise makes sitting easier
nice

Agbalowomeri:


If I get 200 million NAIRA sef, na retirement be that unless I see global meltdown where I can put 50 to make another 200

200 small oh , dats under a mil usd
dis naira sef

fxuser:


200 small oh , dats under a mil usd
dis naira sef

I no get longer throat

Agbalowomeri:


I am not trying to predict the market o. I have only written MY OWN timelines on my plans

Edit:
[b]Just to add that the expectations you have put out are what is being priced-in at the moment (IMO)
[/b]Mr. Market is the king however

Yes at the bolded, albeit with trepidation. The results will confirm that expectation and FOMO will set in.

While the following might not be correct, it is not far from the truth. The PFA with the largest exposure in equities in percentage terms had 11%. Others had exposures as low as 3%. Now that rates in the MM are biting, they're are all seeking exposure in equities; they have a limit of upto 15% exposure in equities. The 15% is for RSA funds.

The current RSA fund size is around 4.38 trillion and the industry's exposure is around 7.5%, so there is still a short fall of about 7.5%. So, there is still over 300 billion that would come to equities as rates stay low.

Most of the funds buy on news or in a bullish environment. So expect them to pump in more funds as the results start coming in.

Notice to all NSE Dealing Members

Implementation of the new Par Value and Pricing Methodology Rules: Hands-on Training for Broker-Dealers Pursuant to implementation of approved amendments to the Pricing Methodology and Par Value Rules, as contained in Rules 15.29 and 15.30 respectively of the Rulebook of The Exchange, 2015 (Dealing Members Rules), (The Rules, effective January 29, 2018)

Authorised Dealing Clerks are hereby invited to participate in Hands-on Training sessions scheduled to hold as follows;

Date: Monday, 15 January 2018 to Saturday, 20 January 2018.
Venue: Stock Exchange House The Nigerian Stock Exchange (NSE Training Room, 18th Floor) 2/4 Customs Street Lagos.
Time: Morning Sessions: 1: 9am to 10:30am 2: 11am to 12:30pm Afternoon Sessions: 1: 2:30pm to 4:00pm 2: 4:00pm to 5:00pm

Broker-Dealers are required (from today) to send attendance notifications to NSE Contact Centre via contactcentre@nse.com.ng, indicating the Day (Monday to Saturday) and Session (in the Morning or Afternoon) of their choice. Allocation of sessions will be on first come first served basis. Participants in excess of maximum class capacity will be reallocated to subsequent sessions, with appropriate notifications ahead of respective sessions.

BBFE:


Oga, this your timelines won't work.

The market will be on fire by first week of February because the early birds - FO, UCAP and AFRIPRUD, would have released their results. These companies are all going to surpass expectation. I kid you not, they will make investors wow.

Now, the present bull is propelled by funds from foreign, PFAs and the expectation of good results. Once these 3 companies results are out, it will signal what others are likely to report. That is when they'll all start scrambling to buy and take prices to new territories.

My own strategy is to buy on dips with available cash and exit in April or May depending on the temperature of the market.

You are correct. show below is a portfolio adjustment of MSCI Nigeria ETF fund. Then imported more cash to load more equities. We ain't seen nothing Yet.

BBFE:


Yes at the bolded, albeit with trepidation. The results will confirm that expectation and FOMO will set in.

While the following might not be correct, it is not far from the truth. The PFA with the largest exposure in equities in percentage terms had 11%. Others had exposures as low as 3%. Now that rates in the MM are biting, they're are all seeking exposure in equities; they have a limit of upto 15% exposure in equities. The 15% is for RSA funds.

The current RSA fund size is around 4.38 trillion and the industry's exposure is around 7.5%, so there is still a short fall of about 7.5%. So, there is still over 300 billion that would come to equities as rates stay low.

Most of the funds buy on news or in a bullish environment. So expect them to pump in more funds as the results start coming in.

Assumptions:

1) That the 7.5% gap will be invested in equity. Note it is a cap, not a must
2) Do they all have the same investment strategies?

My premise:
1) If we have a bullish (index) run for the whole of January, what is the probability that we have the same level of bullish run in Feb/March? bearing in mind that it is almost certain for April to be bearish and May to be bullish?
2) That is not to say that we won't have bullish runs in selected stocks as the results come streaming out; that is when the JIJOist would start their prostitution business but I think for index, it MAY likely trade sideways

Na wa for this market. Due to my previous mistakes, I am not sure now where to put my loose cash. In 2016, I bought UCAP and sold within a week or so because I didn't understand their business.

Took a plunge into Diamond, which only turned green last week. I also have Skye

If I had stayed with UCAP like I was advised, I would have been 120% up at least.

My fingers are itching again, even though I have better control now.

Let me just declare that I am confused on what to buy! Fundamentally sound stocks are looking to be at their fair prices already.

DeRuggedProf:



I shifted from trading the daily timeframe to the weekly timeframe, now I am moving ahead to trade the monthly timeframe.

Reasons: 1. Hot money to be used for the real bull is still in prison, yet to be released.....
2. Some very good stocks are still far behind their fair values.
3. Every attempt at a pullback has failed woefully e.g see how fidelity charged back at the bear when it dared his door bell.
4. I no longer play with the issue of commissions when my stop loss is not triggered.
5. Most times, I jump over only to complete the profit I would have made, short of commissions, if I did not jump.
6. I am not under any obligation to trade every day/week/month. It is my account....
7. My stocks of interest are looking too beautiful on the monthly chart to prost*tute with the daily noise....

See this Amazon ''MONTHLY'' chart . The monthly cant hear d Noise
.. this how these chaps turn 10k usd to 10m usd by sitting still with the trend #MovingOn
. ., FA will be shouting PE too high , price too high umm .
We TA folks need up our game and learn to sit still even more with d trend and never ignore price breaks to new levels as oppurtunites

#ChartStudy #KeepLearning

Agbalowomeri:


I no get longer throat

make flour turn N70 lolx , dat throat will expand
lolx

GANDALF1:


You are correct. show below is a portfolio adjustment of MSCI Nigeria ETF fund. Then imported more cash to load more equities. We ain't seen nothing Yet.

dem don carry tipper load of cash come
NGE ETF is about to break $30 soonest

Agbalowomeri:


Assumptions:

1) That the 7.5% gap will be invested in equity. Note it is a cap, not a must
2) Do they all have the same investment strategies?

Yes, assumption one is more true now than 12 months ago when rates were high. The gap was less than 1% as at December 2013.

Don't forget that those funds are more keen on short term returns, hence they take position to achieve that. Also pencom ranks their performance and the top funds are those with more equity exposure. So in order for the laggards not to materially underperform now that rates are low, they'll run to equities. So yes, they all have the same strategy driven by the herd mentality.

locodemy:
Hello.I am back to the forum after 3 days ban.
Need to be careful posting against our big time online analysts.
Just to call someone a chief monkey hunter after reading his articles,I was immediately banned and the post deleted.

In the other way,I have reduced my holdings in Transcorp after delivering 85% profit to me in less than one month.
My portfolio now is oando 50% and Transcorp 50%.Portfolio now rebalanced for better returns.
Looking forward for what oando will have for me in the coming weeks.

Happy weekend pals...........

What other stock dey you eye now . As you like koko, kobo stock can't you buy livestock feeds ? .

Kashif:
Na wa for this market. Due to my previous mistakes, I am not sure now where to put my loose cash. In 2016, I bought UCAP and sold within a week or so because I didn't understand their business.

Took a plunge into Diamond, which only turned green last week. I also have Skye

If I had stayed with UCAP like I was advised, I would have been 120% up at least.

My fingers are itching again, even though I have better control now.

Let me just declare that I am confused on what to buy! Fundamentally sound stocks are looking to be at their fair prices already.

There is still room for upside on many stocks. I believe stocks like fbnh, dangote flour, dangote sugar,fcmb,diamond, sterling,transcorp will still appreciate. Even dead stocks like Skye are going on full bid and capable of doing 100%. due diligence advised