Agbalowomeri:


N13 here we come

hehehe dis una projections sef . . N13.25 kan

the Koko of the Matter

fxuser:
the Koko of the Matter

...the koko of the matter is the kudi-owo-ego at the centre of the venn diagram

How I'm Trading Fidelity Bank Stock
With NSE ASI at 50% Fib level on weekly, what I'm looking for are stocks that are around my sweet-spot, i.e stocks at 78.6% fib level or below and observe market reaction. One of the stocks that has been on my radar is Fidelity. It is now testing the sweet spot with the low for the past 2 weeks at 1.52.

The chart below, shows the pictorial trading plans. The blue shaded highlight is my entry region and below the red highlight shows my stop-loss. These are the areas I have control over. Initial profit target is set at the green highlight or the dotted black line. Price may or may not touch my profit target, but I keep looking at market sentiment & price action to know when to take profit if the trade is in my favour.

I deliberately post this trade to show my thinking process in a bear market. This trade is risky and should be taken as a short term.

PLAN YOUR TRADES AND TRADE YOUR PLANS

MSCI MOVEMENT FOR 24 AUGUST 2018/GENERAL COMMENT

The Fund is still telling us “Nigerians your faith is in your hand, we are sitting on the sideline, but ready to continue moving our capital at the sign of further threat to our investment”.[/b]For Friday, the fund stayed idle!!!

[b]Last week was not that bad; for a portfolio like mine there was no gain no loss.

This week I am expecting what happened last week to continue, in terms of us being able to recoup some of our losses. I see some money trying to enter the market. Crude price is still giving some hope for Nigeria.

My sideline action still continues. I give kudos to the members of these forum that were able to restrain themselves from further buying of loss making equities, I can see that the right quarters are noticing that the “Mumu of the local investors is coming to an end”. We are able to indirectly tell the powers that be that we are not happy, by not committing more funds to the market.

Finally for today, I will say expect a slightly better week for our portfolios this week. Again, I will say it is not yet time for buying, let the demand for equities pick up a little!!!


Using the fund’s portfolio as a guide, “green” mean buying while “red” is selling.

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.
N:B

Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

Access,Uba,Fidelity result missing in action.Four days to go.

Pls has anyone received ZENITH BANK interim dividend?

BullBearMkt:
How I'm Trading Fidelity Bank Stock
With NSE ASI at 50% Fib level on weekly, what I'm looking for are stocks that are around my sweet-spot, i.e stocks at 78.6% fib level or below and observe market reaction. One of the stocks that has been on my radar is Fidelity. It is now testing the sweet spot with the low for the past 2 weeks at 1.52.

The chart below, shows the pictorial trading plans. The blue shaded highlight is my entry region and below the red highlight shows my stop-loss. These are the areas I have control over. Initial profit target is set at the green highlight or the dotted black line. Price may or may not touch my profit target, but I keep looking at market sentiment & price action to know when to take profit if the trade is in my favour.

I deliberately post this trade to show my thinking process in a bear market. This trade is risky and should be taken as a short term.

PLAN YOUR TRADES AND TRADE YOUR PLANS

My gut-A is saying Fidelity will break your entry zone and will be rejected at your stop loss zone with a resistance at your entry zone

Agbalowomeri:


My gut-A is saying Fidelity will break your entry zone and will be rejected at your stop loss zone with a resistance at your entry zone

...Agba no longer using FA or TA, na "gut-A" be the in-thing now. I beg, teach us the gut-A methodology!!!!

On a serious note, market can do anything, but a break below 1.2 (my stop-loss) means the stock will re-test 2016/2017 low at 0.8 which is even a better entry for a long term investment. But before then, I'm sure BULLS will fight back around 1.30...

What to Expect at Stock Market This Week
https://www.businesspost.ng/2018/08/27/what-to-expect-at-stock-market-this-week/

Nigeria's GDP Records 1.50% Growth in Q2 2018—NBS
https://www.businesspost.ng/2018/08/27/nigerias-gdp-records-1-50-growth-in-q2-2018-nbs/

If u want to KNOW if u can SUCCEED in the stock market, then 1st find out where u fall in between SMART, INTELLIGENT and DISCERNING.
...but remember that the market has been CONFIGURED to have and work with all 3 attribute as a collective.
~Sinclair

Unless u know where u are, have a STRATEGY that's in line with ur Investment personality and goals and can put a check to master ur emotions, the stock market will likely take from u 92% more than it could ever give to u.
...sometimes even the 8% u manage to hold on to, is 'virtual'.
~Sinclair

If u plan well ur VISION, u will often times execute ur MISSION. But in between that planning and execution MUST come KNOWLEDGE, STRATEGY and DISERNMENT.
...otherwise u might well be 'a prisoner of war' to the stock market and the intelligent few in it.
~Sinclair

A very Good Morning to u all.
...this is wishing us a blissful and blessed week ahead !!

Cheers.

dipoolowoo:

Nigeria's GDP Records 1.50% Growth in Q2 2018—NBS
https://www.businesspost.ng/2018/08/27/nigerias-gdp-records-1-50-growth-in-q2-2018-nbs/

...thanks @dipoolowoo for the timely release of this info.

onegentleguy:
A very Good Morning to u all. ...this is wishing us a blissful and blessed week ahead !!Cheers.

Wish you the same.

onegentleguy:
A very Good Morning to u all.
...this is wishing us a blissful and blessed week ahead !!

Cheers.

Morning OGG, I need to discuss an issue with you.
I need it off here to avoid distracting others.
Kindly respond to my mail.
Thanks.

Good morning everybody here....
It's good to be alive once again on a Monday morning

BullBearMkt:

...thanks @dipoolowoo for the timely release of this info.

Even my snails are growing faster...

DeRuggedProf:



Morning OGG, I need to discuss an issue with you.
I need it off here to avoid distracting others.
Kindly respond to my mail.
Thanks.

...Replied.

chibuking kind of news

https://punchng.com/restructure-nigeria-or-we-resume-attacks-militants-tell-fg/

onegentleguy:


...Replied.

Replied back too.Thanks.

Princkez:
Pls has anyone received ZENITH BANK interim dividend?

They will pay on the 29th being wednesday.

DeRuggedProf:


Replied back too.Thanks.

...Done.
U are welcome !!

onegentleguy:


...Done.
U are welcome !!

Don't mention
what are friends for

http://www.nse.com.ng/Financial_NewsDocs/23498_STANDARD_ALLIANCE_INSURANCE_PLC._FINANCIAL_STATEMENTS_AUGUST_2018.pdf

DeRuggedProf:
Even my snails are growing faster...

Hhmm, understood. Snail rearing biz.

You are welcome sir

BullBearMkt:

...thanks @dipoolowoo for the timely release of this info.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/23498_STANDARD_ALLIANCE_INSURANCE_PLC._FINANCIAL_STATEMENTS_AUGUST_2018.pdf

Not a bad result. Improvement on the previous year's performance.
Meanwhile, permission to show interest in your Uniondac. But I need 4mil units at not more than N1m.

Mpeace:
Not a bad result. Improvement on the previous year's performance.
Meanwhile, permission to show interest in your Uniondac. But I need 4mil units at not more than N1m.

permission granted, i tell you u will never go wrong on this. write it down those shouting it is monkey hunting will later openly or secretly eager to look for the stock in future at more higher price. same things as it happen on caverton when many was praying to see the price at 2.40 to enter as against 1.00 it was intially tag as Monkey hunting when we brought it to the table.

by now with dis mkt bear mood one would have thought union diag would be at car park @ 20k permanently on full offer

note: i don't have this stock in my portfolio but this doesn't stop me from saying what i see for others benefit

currentprice:


permission granted, i tell you u will never go wrong on this. write it down those shouting it is monkey hunting will later openly or secretly eager to look for the stock in future at more higher price. same things as it happen on caverton when many was praying to see the price at 2.40 to enter as against 1.00 it was intially tag as Monkey hunting when we brought it to the table.

by now with dis mkt bear mood one would have thought union diag would be at car park @ 20k permanently on full offer

note: i don't have this stock in my portfolio but this doesn't stop me from saying what i see for others benefit

_{^{happy to make pple happy}}

Let Peter and one other guy catch you

Agbalowomeri:


Let Peter and one other^"cadialic" guy catch you

i day my house at Ajegunle make them come beat me.

Debt market

Sterling Bank Plc’s debt issuance of up to N20 billion in one single tenor (“Series 2”) under its N65 billion Debt Issuance Programme.
Price range within which to indicate your commitment is between 15.70% and 16.25%.
Offer opens today, Monday, 27th of August and closes on Friday, 7th of September, 2018.

++
for more details , ask ur broker or bank

fxuser:
Debt market

Sterling Bank Plc’s debt issuance of up to N20 billion in one single tenor (“Series 2”) under its N65 billion Debt Issuance Programme.
Price range within which to indicate your commitment is between 15.70% and 16.25%.
Offer opens today, Monday, 27th of August and closes on Friday, 7th of September, 2018.

++
for more details , ask ur broker or bank

all these debt rates are crowding out funds from equities sef