rebekah2011:
This one we see Oga for ARENA. Oga must have positioned like no man's business.

My dear, I pity the foreigners (or Nigerians) I will handover to

RabbiDoracle:


That is why you should wait for dividends and be relaxed. When prices go out of high range (unusual), you will just handover to them.

If you are fat, start small small begin the journey at the right time. So that before event go start, you will be there. When event wan close, you start small small begin go house so that people no go use rush kill you for gate.

Hmmmn, well noted boss. Nice strategy.

RabbiDoracle:
You still dey buy Japaul? You need more studies o.

Big boss, I sure do cos dust already covered my notes as you tishas no gree come class again sir. Na reason be that.
Although I dont have japaul now.

tritritri:



Best time is now ke..Wey my eyes dan full wit blood...i cant even see road again...

You even bought Transcorp and you say you no want bloodied eyes

You are fat, so don't struggle narrow spaces with opelenge

rebekah2011:
It is waiting to drag some people to the slaughter slab.

Lol. Dont mind me. I dont have it but just amazed at how it gained despite the fear and dumping of sound stocks. I expect it to have reached 20k by now.....but No, it didnt/haven't.

RabbiDoracle:


You still need further studies

Don't worry, we go find way do online tutorials.

Learnt from you that, if you have large kaya make you
no carry am enter small korope because to carry comot
go give problem.

RabbiDoracle:


Entry is key.

That is why to be on the safe side, just ask yourself, " what dividend yield will make me comfortable?". If that price gives you the "desired" dividend yield, buy at the price and below. You could even try and discount WHT from it to give you a lower entry price.

But in all, the aim is to keep collecting from the market whether it is good or bad

You ve said it ALL..Oga

Bear presence in the market seems to be a strategy to accommodate airtel new comer in ASI. , Investors never give up but keep on buying more monthly, as far as the companies result is sound, don't panic.
See these below listed stocks, they will make people super rich on or before final year result, which will happened in less than nine months.
1. Fidelity
2. FCMB
3. ACCESS
4. UBA
5. Zenith
6. GTB
7. Caverton
8. Ucap
9.Afripudent.
10. Dangote cement

If investors should have the mind of farmers. They planted healthy yam, and expect times two of what they planted, which result of their expectations always come to pass, even more than they expected. The healthy yam always die off on its process to produce times two of its initial one. Any new farmer that attempt to be checking his planted yam will loose hope on seeing his healthy planted yam decaying. Which is still the same with some investors on seen their stocks loosing weight

He might be pushed to dig it out and eat it up, if some part are still OK. But an experience farmer will keep on expanding his farm land by planting more during the planting period with full assurance that he will harvest times two of what he planted on a good soil/land.

Lesson number
1. Any yam planted on a good soil during the planting period always yield times two of its initial. In NSE, now is planting period and by January to March is the harvest period, up to April.

2. In farming, the planted crops dies off and successfully produced more than times two of its initial, while in NSE, the initial don't die off, but can only reduces during the planting period, and produces times two, if invested on sound fundamental stock, like those mentioned above.

3.Farmers planted in a good/fertile soil, and avoid those areas that underperformed. In NSE good/fertile soil are the sound fundamental stocks.

4. In farming the planted crops reward the owner, with new crops more than they one planted, in NSE, the invested capital reward the owner, with (a) Dividend payment (b) bonus share if giving and (c) capital appreciation.

The initial capital invested in 100% Mentioned stocks above can be fully recovered in 8 years and some 10/12 years, on dividend payment.

akinssan:
Learnt from you that, if you have large kaya make you no carry am enter small korope because to carry comot go give problem.

Lol. Which type of vehicle is this one again.

See as Nsempas rushed out when gtb was involved. Ndoo ooo. E go better. The bleeding don stop, at least for now.

Bomboclad:
Anyone who understands how ANY market work knows for sure that the current dip is prices is intrinsic in the behaviour of the exchange (interplay of demand and supply). As long as you didn't take a loan to buy shares or your school fees, and as long as the Fundamentals of your purchased stock is sound, then sit back, relax and wait for the reversal, it would come before the end of this month (July) and ye shall smile again. Most important thing is to learn lessons that would prevent a re-occurrence of the status quo (the art of being caught pants down).

Dear do not give us false hope July ke? there must be accummulation before any move to the Northern pole.

All others are good as long you don't need money for emergency or took bank loan.

Chibuking81:
Bear are present in the market, seems to be a strategy to accommodate airtel new comma in ASI. , Investors never give up but keep on buying more, monthly, as far as the companies result is sound, don't panic. See these stocks they will make people super rich on or before final year result, which will happened in less than nine months.
1. Fidelity
2. FCMB
3. ACCESS
4. UBA
6. Zenith
7. GTB
8. Caverton
9. Ucap
10. Eterna
11.Afripudent.
12. Dangote cement

If investors should have the mind of farmers. They plant healthy yam, and expect times two of what they planted, which result of their expectations always come to pass, even more than they expected. The healthy yam always die off on its process to produce times two of its initial one. Any new farmer that attempt to be checking his planted yam will loose hope on seeing his healthy planted yam decaying.

He might be pushed to dig it out and eat it up, if some part are still OK. But an experience farmer will keep on expanding his farm with full assurance that he will harvest times two of what he planted on a too soil/land.

Lesson number
1. Any yam planted during the planting period always yielded times two of its initial. In NSE, now is planting period and by January to March is the harvest period, up to April.

2. In farming, the planted crops dies off and successfully produced more than times two of its initial, while in NSE, the initial don't die off, but can only reduces during the planting period, and produces times two, if invested on sound fundamental stock, like those mentioned above.

3.Farmers planted in a good/fertile soil, and avoid those areas that underperformed. In NSE good/fertile soil are the sound fundamental stocks.

4. In farming the planted crops reward the owner, with new crops more than they one planted, in NSE, the invested capital reward the owner, with (a) Dividend payment (b) bonus share if giving and (c) capital appreciation.

The initial capital invested in 100% Mentioned stocks above can be fully recovered in 8 years and some 10/12 years, on dividend payment.

Just small panic today see analysis... Planting season never reach.
Mine is late planting from Dec - Jan that time GTB will be at N20 and below.
Seems you don't know what is happening in the country...No FPI is coming into this market yet

Jejebabaa:


Sir 333, how much volume can you get or bailed out with those penny stocks. I remembered how i struggled to sell my FCMB early this year when the whole bids is not even up to half of my FCMB holdings then. I learnt a bitter lesson not to be too heavy on those penny stocks as bailing out may be difficult without depressing the price to almost 10% loss for the day.

If you wanna dump without seeing the corresponding shock in price, do so at the VWAP (Volume Weighted Average Price). That is how professional traders do it.

stcool:



Just small panic today see analysis... Planting season never reach.
Mine is late planting from Dec - Jan that timeGTB will be at N20 and below.
Seems you don't know what is happening in the country...No FPI is coming into this market yet

Be prepared is the motto.

meshpips:


If you wanna dump without seeing the corresponding shock in price, do so at the VWAP (Volume Weighted Average Price). That is how professional traders do it.

Ok thanks, well noted. Can you explain more on the bolded and i will read more about it. Cheers

Chibuking81:


1. Fidelity
2. FCMB
3. ACCESS
4. UBA
6. Zenith
7. GTB
8. Caverton
9. Ucap
10. Eterna
11.Afripudent.
12. Dangote cement

. . .

I will compute the volume adjusted price for the above listed stocks between now and Sunday night using data from the weekly chart.

I will post the year 2019 support for the stocks.

Buy at or below the support level and hold the stock until it does (at least) 2 standard deviations above the support.

I just got metastocks installed on my computer.

Jejebabaa:


Ok thanks, well noted. Can you explain more on the bolded and i will read more about it. Cheers

It is simply the agglomeration of the net buy/sell volume done per period as a ratio of the total volume. The result is then re-adjusted to create a one - to -one mapping with the spread/range (high - low) of the stock.

Kindly note that SPREAD as used above is in consonance with its usage in VSA (Volume Spread Analysis) before some people will come for my head.

[quote author=Mcy56 post=80096023]
Lol. Which type of vehicle is this one again.


na mini-van

meshpips:


It is simply the agglomeration of the net buy/sell volume done per period as a ratio of the total volume. The result is then re-adjusted to create a one - to -one mapping with the spread/range (high - low) of the stock.

Kindly note that SPREAD as used above is in consonance with its usage in VSA (Volume Spread Analysis) before some people will come for my head.

this guy is good!

Jejebabaa:


Ok thanks, well noted. Can you explain more on the bolded and i will read more about it. Cheers

Let me try to help;

By my definition, the volume weighted average/adjusted price(WVAP for short) of a stock is an entry-exit trading tool used to estimate the average price of a stock, when benchmarked against its total trading volume.
The idea is to relate the average price of a coy over its cumulative volume but within an adjusted timeframe, with a view to spoting the best entry/exit target.
While it is not an end result in isolation, it can be a helpful tool, particularly for traders.(intraday trading)

One of the greatest advantage of using the VWAP is that it helps u know if ur overpaying or underpaying for a coy/asset.
Apart from given u a clue with when to buy/sell a coy, it can also help indicate the bearish or bullish stance of a coy, its sectoral view and by extension the mkt at large.
I also think its a much better technical tool to predict price direction than MA(moving averages)

Mathematically, VWAP= (Tp + V)/Cv
Where Tp is the typical price of a coy in a given trade day = mean/average of(day high + day low + closing price).
V= volume, while Cv= cumulative volume.

I would've given a rough computation of the VWAP for FCMB today, but i'll leave that for Sir meshpips to highlight. ...since he has a great and more effective tool(matastocks) for it.


NOTE: Even with all its merits, the VWAP like other trading tools should never be used in isolation.
Why?
By default, the VWAP usually resets back to 'nautral' with the opening of each trading day. ...so what(according to vwap) may have been a fantastic entry/exit today could turn out to be a lousy one tomorrow. Especially if the said security is fundamentally unhealthy or if there is a significant news that can impact the price either negatively or otherwise.
So it's ALWAYS best to season ones investment STRATEGY with the RIGHT MIX of a combination of diverse effective technical and fundamental analytical tools.

Salah.

Chibuking81:
Bear presence in the market seems to be a strategy to accommodate airtel new comer in ASI. , Investors never give up but keep on buying more monthly, as far as the companies result is sound, don't panic.
See these below listed stocks, they will make people super rich on or before final year result, which will happened in less than nine months.
1. Fidelity
2. FCMB
3. ACCESS
4. UBA
6. Zenith
7. GTB
8. Caverton
9. Ucap
10. Eterna
11.Afripudent.
12. Dangote cement

This ur selection is spot on my dear !!
But for the sake of yield from a better actual return(ROI) measured against time, i'll prefer to exclude No 12.
...but that's just me.

It is well !!

sellydion:


Be prepared is the motto.

Hello moto !!

@onegentleguy,

thanks so much for helping us shed more light on the subject matter.

Things to note:

1. The volume adjusted price I compute DO NOT reset at the close of each trading day. What I'm gonna be computing for them will be for year 2019 using OHLC + VOLUME data from the weekly time frame.

In essence, the findings will remain valid until the close of year 2019.

2. You correctly mentioned that one of the uses of VWAP is to help the investor/trader know whether or not he is over- paying /under-paying for the stock.

Since the Nigerian market is basically (technically) a buy only market , I will give them the LOWEST VWAP done thus far for the year 2019.

Buying at or below this LOWEST VWAP is certainly getting an excellent price for the stock.

Once time and space permits me, I will do the computation as promised and post here.

Enjoy your day everyone.

Bomboclad:
Anyone who understands how ANY market work knows for sure that the current dip is prices is intrinsic in the behaviour of the exchange (interplay of demand and supply). As long as you didn't take a loan to buy shares or your school fees, and as long as the Fundamentals of your purchased stock is sound, then sit back, relax and wait for the reversal, it would come before the end of this month (July) and ye shall smile again. Most important thing is to learn lessons that would prevent a re-occurrence of the status quo (the art of being caught pants down).

Pls is ur other name, WISDOM?

"The stock market is like an unending race with plenty of obstacles and more 'VIRTUAL than real spectators' running with u.
...but along the way, it ALWAYS rewards those who 'can see through the other side of those obstacles' and run it WITHOUT tiring out."
~Sinclair

onegentleguy:


Let me try to help;

By my definition, the volume weighted average/adjusted price(WVAP for short) of a stock is an entry-exit trading tool used to estimate the average price of a stock, when benchmarked against its total trading volume.
The idea is to relate the average price of a coy over an adjusted timeframe with a view to sporting the best entry/exit targets.
While it should not be seen as an 'end result' in isolation, it can be a helpful tool, particularly for traders.(intraday trading)

One of the greatest advantage of using the VWAP is that it helps u know if ur overpaying or underpaying for a coy/asset.
Apart from given u a clue with when to buy/sell a coy, it can also help indicate the bearish or bullish stance of a coy, its sectoral view and by extension the mkt at large.
I also think its a much better technical tool to predict price direction than MA(moving averages)

Mathematically, WVAP= (Tp + V)/Cv
Where Tp is the typical price of a coy in a given trade day = mean/average of(day high + day low + closing price).
V= volume, while Cv= cumulative volume.

I would've given a rough computation of the VWAP for FCMB today, but i'll leave that for Sir meshpips to highlight. ...since he has a great and more effective tool(matastocks) for it.


NOTE: Even with all its merits, the VWAP like other trading tools should never be used in isolation.
Why?
By default, the VWAP usually resets back to 'nautral' with the opening of each trading day. ...so what(according to vwap) may have been a fantastic entry/exit today could turn out to be a lousy one tomorrow. Especially if the said security is fundamentally unhealthy or if there is a significant news that can impact the price either negatively or otherwise.
So it's ALWAYS best to season ones investment STRATEGY with the RIGHT MIX of a combination of diverse effective technical and fundamental analytical tool.

Salah.

better!

meshpips:
@onegentleguy,

thanks so much for helping us shed more light on the subject matter.

Things to note:

1. The volume adjusted price I compute DO NOT reset at the close of each trading day. What I'm gonna be computing for them will be for year 2019 using OHLC + VOLUME data from the weekly time frame.

In essence, the findings will remain valid until the close of year 2019.

2. You correctly mentioned that one of the uses of VWAP is to help the investor/trader know whether or not he is over- paying /under-paying for the stock.

Since the Nigerian market is basically (technically) a buy only market , I will give them the LOWEST VWAP done thus far for the year 2019.

Buying at or below this LOWEST VWAP is certainly getting an excellent price for the stock.

Once time and space permits me, I will do the computation as promised and post here.

Enjoy your day everyone.

My Pleasure Sir !!
I shall also be expecting that revert from u.

Regards.

Jejebabaa:


Yes boss. My target is to keep buying UBA from 6.05 and below, Zenith- 19 and below and FCMB-1.55 and below. Only these 3 stocks in my portfolio for now.

This right here, is the reason why @ jejebaba will most likely continue to succeed more than he'd fail with playing in the 'NSE room' !!
May DISERNMENT never depart from u my dear.

"Between uncertainties, difficulties and failures is the many 'gift packs' from the stock market.
...and inside those 'gifts' are smaller 'packs' with obstacles but which are sealed with CRAFT.
Yet, down inside are even more 'packs' of OPPORTUNITY."
~Sinclair

Cheers.

Mcy56:
This market self. Gtb 28naira just now now, from 26.65.

The lesson; Buy into any dip of a healthy underpriced asset once u see it align with ur goal... continue to buy the dip as it presents itself and NEVER try to time the mkt.

"If u desire to WIN more 'open battles' with the stock market, then NEVER work to PLAY AHEAD of it or seek to TIME It.
...work to PLAY ALONG with it and seek to better ur playing STRATEGY.
Unless of course u wish for a far less win than normal."
~Sinclair

Profitability of Nigerian Banks Under Threat—Fitch
https://businesspost.ng/2019/07/09/profitability-of-nigerian-banks-under-threat-fitch/

NSE Lists 3.758bn Shares of Airtel Africa on Main Board
https://businesspost.ng/2019/07/09/nse-lists-3-758bn-shares-of-airtel-africa-on-main-board/

Willie2015:


Just relax
Picked a few units of GTB below N27....
When the price return back to N30 - N31...
All these folks will start complainin abt their village pple....
GTB price comin to N20 is definitely not Today!!!!!
MM still dey .....

Those that bought today thinking they have bought goldmine ...
By next week everyone will be alright

Meanwhile until I see real panic set in I won't buy...today's price is my exit price!

stcool:
Those that bought today thinking they have bought goldmine ...
By next week everyone will be alright

Meanwhile until I see real panic set in I won't buy...today's price is my exit price!

U have fidelity,DF, CHAM , maybe fcmb... wat else u wan buy na? those dat bought today might b testing d water wit just 5%..

tritritri:


U have fidelity,DF, CHAM , maybe fcmb... wat else u wan buy na? those dat bought today might b testing d water wit just 5%..

Gtb N20
Zenith N15
Add more Fidelity N1.50
Transcorp .80k

Fcmb....not my type of stock!