RabbiDoracle:


All indices in the world markets are red.

Imagine.

Has the selloff started?

Let the markets start falling!!!!

Domino effect

Adeosun Can’t Suspend Me, She Has Special Interest in Oando—Gwarzo
https://www.businesspost.ng/2018/01/31/adeosun-cant-suspend-special-interest-oando-gwarzo/

RabbiDoracle:


Let the markets start falling!!!!

Domino effect

You know say Nigeria dey always carry last. Our market won't join them immediately.

RabbiDoracle:


Let the markets start falling!!!!

Domino effect

Will probably hit NSE at tail end

Trend Following Refresher

Link: http://www.newtraderu.com/2017/01/30/guide-defining-trading-trend/

MSCI MOVEMENT FOR 30 JAN 2018/GENERAL COMMENT

The fund's portfolio shows no movement for yesterday. However, the increase in Net asset value is still okay.

Again I will say no cause for alarm. Also in terms of the bear resuming in the market, we should let our mind be at rest, we are close to the earnings season and with so many positive results expected, bears will not have immediate impact in the market (but remember where your stop loss is or should be!!!).

For our offside (immediate resistant point) rule, the chart below for Fidelity shows one at NGN4.32. Tomorrow, I will give some instances where the offside trap may not be effective in some instances.

If you need further information on my analysis or will like me to comment on any equity,you can e-mail me via this forum.

Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently.

Access
- board meeting was yesterday

fxuser:
Access
- board meeting was yesterday

That's good... What's are your thoughts on wema bank for short term investors?

Which other sticks will you recommend for short term investors...

yok:
MSCI MOVEMENT FOR 30 JAN 2018/GENERAL COMMENT
Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently.

u wud like this type of reports also:
Example:
gtb
http://quotes.morningstar.com/stock/analysis-report?t=0P0000ASIP&region=nga&culture=en-US&productcode=MLE&cur=

uba
http://quotes.morningstar.com/stock/analysis-report?t=XNSA:UBA&region=nga&culture=en-US&productcode=MLE&cur=

zenith
http://quotes.morningstar.com/stock/analysis-report?t=0P0000ASIP&region=nga&culture=en-US&productcode=MLE&cur=

and bebelo

use to ff plenty stuffs before.

ananne:


That's good... What's are your thoughts on wema bank for short term investors?

Which other sticks will you recommend for short term investors...

- Wema still bullish like most banks
- All hav had a major rally this blessed month of Jan (let me Thank God here first)
- Any entry at this levels is not the best entry but just bear in mind mkt is still due for some pull backs soonest
- I like zenith a lil bit, because it found some support ard N30 to N31 levels , if it drops below N29 .. i get out and dont ask questions
- hang in there

ananne:


That's good... What's are your thoughts on wema bank for short term investors?

Which other sticks will you recommend for short term investors...

You mean koboko?

Good morning fellow NSEMPA members.
Your bros has been off for some days now doing consolidations in both my business and stock portfolio.

I have reduced my exposure in the stock market by taking some money away for other businesses.
I now have Transcorp 20%,oando 40%,flour mill 20% and wapco 20%.

Reasons for adding flour mill and wapco is due to their recent right issue which i think was sucessful.There is money to carry these two companies along through out the year and I am expecting good results from them now going forward.

Secondly,they are more of defensive in the time of bears as uncertainties abound in the market especially in the second half of the year.Both are good on the long run.

fxuser:


- Wema still bullish like most banks
- All hav had a major rally this blessed month of Jan (let me Thank God here first)
- Any entry at this levels is not the best entry but just bear in mind mkt is still due for some pull backs soonest
- I like zenith a lil bit, because it found some support ard N30 to N31 levels , if it drops below N29 .. i get out and dont ask questions
- hang in there

Thanks.

Agbalowomeri:


You mean koboko?

I meant stocks jare

Agbalowomeri:


You mean koboko?

Kobobo stocks with good fundamentals is good to go but his own kobo kobo stocks are gbese to his portfolio.
He always talk of wapic ,Aiico,jaiz,wema,livestocks and the likes of them.

What about FBNH? What's the chart like?

fxuser:


- Wema still bullish like most banks
- All hav had a major rally this blessed month of Jan (let me Thank God here first)
- Any entry at this levels is not the best entry but just bear in mind mkt is still due for some pull backs soonest
- I like zenith a lil bit, because it found some support ard N30 to N31 levels , if it drops below N29 .. i get out and dont ask questions
- hang in there

RabbiDoracle:


I saw 4b units as the authorized share capital. If they intend to go beyond this, it should be discussed in their YE AGM.

Look at the distribution of the loans in the attached. IMO I think they want to pay down the big interest loans first while taking others cheaper loans from BOI or CBN.

Also the company should start Employee Share Scheme which will help then get some cheap funding.

Though they have a negative cash flow which in my opinion may affect dividend payments except if they dip their hands in the retained earnings and dash people.

You can only pay dividend from your RE when there is cashflow. The bold part is contradictory. Dividend payment is purely a liquidity issue. If the liquidity is not there just forget about it. That is why profitability never equals liquidity.... You could have said, except they get approval of the shareholders to pay dividend from the right proceeds or through debt (though this is not good for the coy's financial risk).

kenmaro:
What about FBNH? What's the chart like?

all time frames are bullish however:
Support is at N12.50 (a recent good area for entry)
Next resistance N14.7 (where we are watching)
if ur entering here , u hoping it breaks above the resistance (this wud be nice, also heavy here but wt a much lower avg price)
else any pull back to N12.50 .. u nt gonna like it (my new stop loss area)

RDO did a case analysis for FMN doing 10% today.....
Old timers....

fxuser:


all time frames are bullish however:
Support is at N12.50 (a recent good area for entry)
Next resistance N14.7 (where we are watching)
if ur entering here , u hoping it breaks above the resistance (this wud be nice, also heavy here but wt a much lower avg price)
else any pull back to N12.50 .. u nt gonna like it (my new stop loss area)

....cos I will be feeding the bears with energy boosters.....

To 2018 Newbies

What is Support and Resistance?

Read link below (but i know most of u wont)

Find Link here:
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistance


Note:
- To newbies, the market is not your friend and owes you nothing. If ur expecting some easy cash , ur in d wrong place.
- If u looking for certainty , welcome to uncertainty, we deal with ''IF's''

DeRuggedProf:
RDO did a case analysis for FMN doing 10% today.....
Old timers....

Bro.He is right o.
Right issue is the only thing resisting it.
which stock can do 5% as right issue is ongoing?

DeRuggedProf:
RDO did a case analysis for FMN doing 10% today.....
Old timers....

The result is a better one compared to the last two quarters and q3 2017:

- profit this time around is from the core operation as against the last two quarters where a big chunk of the profits was from other income.
- a buy for me

Pls can someone atleast assist with this information. I have asked like a million times.
Where do I find info on when stocks are on bid, offer, full bid and full offers. Thanks in anticipation

Y are they selling honey well this morning, I think he suppose to move base on fantastic result been released. Any idea.... Pls enlighten me more. Thanks

@ Onegentleguy, your ban suppose to finish today, abeg show face i miss your post.

medview to the skye

Janet finally agreed to wed FCMB....

Three more weddings expected......

ZikkyChops:
Y are they selling honey well this morning, I think he suppose to move base on fantastic result been released. Any idea.... Pls enlighten me more. Thanks

There were more than enough supply yesterday. They used up all the fuel supposed to run this one to N3.6 and above. Accumulation needs to happen here before it can move again. I could be wrong as usual.

Disc. Took off this morning with my tasere profit when offers kept piling up.

currentprice:
i wouldn't mention stock names but the fact is those who failed to sell some stock last week hav missed out to sell high they will have to wait for such price and above in the part 2 BULL of this year. not before result anymore

you can search for likely part 2 BULL period yourself. it has been mention here several time

chai! gidigbo coming

the pre-final bye bye to janet before the next bull session



vvv
vv
v

DeRuggedProf:
Janet finally agreed to wed FCMB....

Three more weddings expected......

They are total 3 weddings already. That in"fidel" of a husband is still doing strong head for Janet.

currentprice:
@ Onegentleguy, your ban suppose to finish today, abeg show face i miss your post.

medview to the skye

OEM (original equipment manufacturer) is still working on this one.....

Thanks

fxuser:


all time frames are bullish however:
Support is at N12.50 (a recent good area for entry)
Next resistance N14.7 (where we are watching)
if ur entering here , u hoping it breaks above the resistance (this wud be nice, also heavy here but wt a much lower avg price)
else any pull back to N12.50 .. u nt gonna like it (my new stop loss area)