mendes911:


And Zenith? The bottom line is that our dear NSE is the worst teacher ever to transverse this earth. My opinion.

Dangote Flour might come with a shocker by Q2!

You mean Diamon'ic shocker or CCNNic shocker?

The budget has been passed

Agbalowomeri:
Bros na ya money?

Trying to sieve out those who have no portfolio.....

IchimokuPilot:
If Diamond reverses and reaches N2.00 next week, many here will claim they entered at N1.49 today....
Even Peter will say so...

Let's keep deceiving ourselves here....

I respect those who are bold enough to state their stand!
I have no lessons to learn from those who have never lost since they started trading...

I am going to do a census today, don't claim you never read this post....

Those who bough or sold today should CLEARLY state so, if not, don't come here later to deceive people.
I remember when Fidelity was collapsing, immediately it made a u- turn around N2.19, almost everyone claimed he got in at the bottom....

Add 20 to 30% to the price at which it was being loaded. Thats where it will reach before falling again

gloriousdawn:
Can any Ogas comment on the N138.126billions (i.e about N4.39/Share) that Zenith bank wrote off their Retained Earning in 1st quarter 2018 report, they tagged it "IFRS 9 transfer to loan reserve". You can find this transaction in the "Statements of Changes in Equity".

Sorry for taking us back.

They implemented IFRS 9 in Q1 2018. It deals with financial instruments. That transaction deals with how impairment is treated under IFRS 9.

Agbalowomeri:
It will surely go below 1 before election, patience. We go wait there for another 200%

IchimokuPilot:


Go back to page (0).
Read till you read your comment here.
You will miss ALL the money Wanajo, Agba, Rabbi, Fxuser etc etc made all these years.

We used to have one BullBearMkt here who broke into CBN and is working on acquiring the exchange, he no longer have time to contribute and help the feeble here with TA. Fxuser is much around.

Follow Fxuser with extreme caution. The appeal of his melodious sounding technical jargons may hypnotise you and you may at times over stay in an unprofitable position.....

When CP show you a stock, buy, but you are on your own if you wait for him to ring a selling bell, his bell was stolen long ago and at times he may have to chose between selling and ringing when he borrows another bell....

Argue against Wanajo's analysis/position untill you discover your stock is irreversibly stuck in a lagoon, learn this very lesson yourself, first hand experiences are better sometimes.

When you hear Jaaaaaaaa from RabbiDoracle, first escape, questions have their season.

You will be happy you escaped all the traps that knocked my head severally against the wall and separated me from my hard earned cash...

Flirt with Greed, Flirt with Fear, but take none to bed.

Keep it in mind, There is no place for regrets in this game....

Regrets breed a trading complex that leads to a string of losses due to several mind games popping up...

Read, read and read, then plant cautiously, but incrementally as your feets get steady ....

You are in the right place.

Good luck!

Wow! @IchimokuPilot , I just enjoyed every bit in this post.

Meanwhile, I still dey kampe, I am only trying to diversify my (family) portfolio into other areas which has been taken up much of my attention

wanaj0:


They implemented IFRS 9 in Q1 2018. It deals with financial instruments. That transaction deals with how impairment is treated under IFRS 9.

Thank you my oga for your response.
But does it mean going forward, company wiĺl quietly write off impairment without it reflecting in the income statement?

IchimokuPilot:
Trying to sieve out those who have no portfolio.....

Wehdon Sir.
Kuku tell us that you are trying to sieve out the itchy fingers gang and the unshakable cash is king gang with orderly such as TA, FA, TFA and what have you.

gloriousdawn:


Thank you my oga for your response.
But does it mean going forward, company wiĺl quietly write off impairment without it reflecting in the income statement?

Like Fidelity did

dipoolowoo:
BREAKING: Finally, Senate Passes 2018 Budget of N9.12tr
https://www.businesspost.ng/2018/05/16/breaking-senate-passes-2018-budget-of-n9-12tr/

A game changer in my opinion. As the details unfold, I expect the market to respond. A much needed catalyst imo.

Disclaimer: If money bags don't share my sentiment, na OYO

Agbalowomeri:
It will surely go below 1 before election, patience. We go wait there for another 200%

Self-contradictory. I thought you just said six months is a long time on the NSE. Anything can happen before then.......more than six months

Not a recommendation to buy or sell

MSCI ADDITION FOR 16 MAY 2018/GENERAL MARKET COMMENT

MSCI index is considering the next move. No activity yesterday 16 May 2018. By Wednesday next week we will know the next move of the market.

Point of correction for 15 May 2018 MSCI index, actually the fund sold some quantities of Nestle and Transcorp. This is reflected below today’s movement chart below.

This is a time one can buy a good stock at a bargain price. Since I know that the market is dull and only few buyers, I want to bid for small quantity of Transcorp at a limit price of NGN1.58 today. My stop loss for this order will be NGN1.38 while my immediate target will be 1.98 or 1.80, this is another entry where I have followed the right process and I don’t care if the stock moves up or down.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

yok:
MSCI ADDITION FOR 16 MAY 2018/GENERAL MARKET COMMENT

MSCI index is considering the next move. No activity yesterday 16 May 2018. By Wednesday next week we will know the next move of the market.

Point of correction for 15 May 2018 MSCI index, actually the fund sold some quantities of Nestle and Transcorp. This is reflected below today’s movement chart below.

This is a time one can buy a good stock at a bargain price. Since I know that the market is dull and only few buyers, I want to bid for small quantity of Transcorp at a limit price of NGN1.58 today. My stop loss for this order will be NGN1.38 while my immediate target will be 1.98 or 1.80, this is another entry where I have followed the right process and I don’t care if the stock moves up or down.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

They sold transcorp on monday, bought back on tuesday then sold again on wednesday all within the same price range. Those guys are just too much.

FO pple how do you see this?
https://www.nairaland.com/4508945/femi-otedola-run-governor-lagos
https://www.nairaland.com/4508768/forte-oil-plc-decent-q118 FO plans to devest from subsidiaries.

Manonamission:
A game changer in my opinion. As the details unfold, I expect the market to respond. A much needed catalyst imo. Disclaimer: If money bags don't share my sentiment, na OYO

Chai! Boss this your declaimer na wa

Mpeace:
FO pple how do you see this?
https://www.nairaland.com/4508945/femi-otedola-run-governor-lagos

Beer parlour news... Like the Americans do say, it ain't gonna happen!

Coolcash1:


Beer parlour news... Like the Americans do say, it ain't gonna happen!

Just like milost, beer parlour news can well affect share price until refuted.

Mehhn, Mr Brent really want to kiss 80USD this morning. NSE must poo and vomit something for the boys.

2zona:
Mehhn, Mr Brent really want to kiss 80USD this morning. NSE must poo and vomit something for the boys.

BullBearMkt:

Whenever this guy shows up, the bulls come along. I now believe there is a bull around the corner, albeit a small one. Its unfortunate CP left the market with some of his short time holding last Friday like he promised.

currentprice:


it look so babe.

infact if this week go without something happen i will reduce my short time holding on nse

2zona:
Mehhn, Mr Brent really want to kiss 80USD this morning. NSE must poo and vomit something for the boys.

Just add 40 cents to 79.60 usd,we are there.
Bullbearmrkt visited this forum today after a very long holidays.
Do I sense somethng like B?

Fcmb......hmmmm

locodemy:


Just add 40 cents to 79.60 usd,we are there.
Bullbearmrkt visited this forum today after a very long holidays.
Do I sense somethng like B?

Renanaisance Capital boss yesterday said they are cautiously b***ish.

Good job Morgan capital.

Jejebabaa:
Good job Morgan capital.

Its like the bull is around. Morgan will not fail to act up in times like this.

Can someone post the link of monitoring share prices here as they did last time please.

2zona:
Mehhn, Mr Brent really want to kiss 80USD this morning. NSE must poo and vomit something for the boys.

...sometimes I wonder which analysis is better. Is it fundamental analysis or technical analysis? I remember about a month ago when I posted on the forum the likely price rise of Brent oil when it was hovering around around 71. Then, a respected member of the forum gave us some fundamental reasons why it cannot go above that level... as they say, the rest is history.

From my little years of experience trading in financial market, I've come to realise that, fundamental analysis is good but what really matter is the perception of other investors to the fundamental data of the "asset" - be it stock, currency, commodity or what have you.

A fundamentally sound stock can keep crashing down like a log of wood while stock with poor fundamental continue to rise higher and higher.

It all depend on how overall market perceive the fundamental of the particular stock - sentiment.

However, technical analysis can be a handy tool to gauge the market's perception of the fundamental of such stock.

Reality is Fundamentals moves the financial market and not technical analysis, but with TA, one can determine the good time to enter a market and best time to exit and come out with sound profit.

Jejebabaa:
Can someone post the link of monitoring share prices here as they did last time please.

You may follow the market through this link: https://www.meritrade.com/marketOverview

2zona:

You may follow the market through this link: https://www.meritrade.com/marketOverview

Yea currently seeing how the stock are dancing skelewu