sellydion:
Yes oo, He alsmost fall price down below 17;15 today. Buyers no want agree

Fight to finish ..it may be local vs fpi's

Mcy56:

That's if the "hidden wares" for sale aren't voluminous that the bids we can see...... according to Prof.

The volumes on the bid side should be enougg for the seller to offload on. Nothing dey the seller bag anymore.

RabbiDoracle:


You know you mentioned about decapitation when Zenith was falling and that the herd effect will set in (similar to Janet analogy). Thought you were waiting for it(Janet) when it was trading at 16+.

Gradually we dey see as una dey take enter.

You of all people know that there are stages in this market.

There will be a period, I will buy zenith for N24 hoping to sell at N27 and make my 10%.

Life na turn by turn and in stages.

When zenith was trading at N19, you never saw it coming down to N16 and likewise what happened in GTB. For now, I will even be more interested in UBA than Zenith. I forsee overhead effect in Zenith. I could be wrong though.

Like I said, let us all play the market how we best deem it.

Shalom.

[quote author=RabbiDoracle post=83988355]

The volumes on the bid side should be enougg for the seller to offload on. Nothing dey the seller bag anymore.





Oga mi ..u may be correct..at the same time the seller maybe hiding for one corner for good price before dumping again ..think this happened yester zee went up to 17.80 b4 his started ...by the end of closing today we will have an idea

mendes911:


You of all people know that there are stages in this market.

There will be a period, I will buy zenith for N24 hoping to sell at N27 and make my 10%.

Life na turn by turn and in stages.

When zenith was trading at N19, you never saw it coming down to N16 and likewise what happened in GTB. For now, I will even be more interested in UBA than Zenith. I forsee overhead effect in Zenith. I could be wrong though.

Like I said, let us all play the market how we best deem it.

Shalom.

Na 10% be your target?

Then you are not greedy like me that planted coke bottle!

mendes911:


You of all people know that there are stages in this market.

There will be a period, I will buy zenith for N24 hoping to sell at N27 and make my 10%.

Life na turn by turn and in stages.

When zenith was trading at N19, you never saw it coming down to N16 and likewise what happened in GTB. For now, I will even be more interested in UBA than Zenith. I forsee overhead effect in Zenith. I could be wrong though.

Like I said, let us all play the market how we best deem it.

Shalom.

veteran

short term play (jijo / 1-2 month) CAPITAL NO cos of bolded

Medium tier play (1 - 6b months) Excellently (poo and vomit)

Long term play (above 6 months) Ultra Excellent ( multpile poo and vomit)

RabbiDoracle:


Na 10% be your target?

Then you are not greedy like me that planted coke bottle!

It's all about season for me. There will be a time I will buy UBA or Zenith and wait it out for a 60% gain.

longlife20:
Buyers are prepare for the seller in zenith, they are saying bring it on, we are ready for you. Over 310 million sold.

You may want to go back to the behaviour of Access during the last general bull...

Buyers will never be ready for those guys. They have more than enough to go round

Mpeace:
If I decide to sell all my transcorp today, I will just move the proceeds to Zenith without delay. See volume. Over 280million units so far.

7
Please, when you sell confirm to the house if all were bought immediately. Please

RabbiDoracle:


Na 10% be your target?

Then you are not greedy like me that planted coke bottle!

Different tactics from both of my Oga's ..multiple 10% and one time 50% or more ..We are still making the money that's the koko

**Easy ** Sir's

Hummm! once an habit is formed, it is always difficult to change.

If you are so flexible, I drop my cap!!!

mendes911:


It's all about season for me. There will be a time I will buy UBA or Zenith and wait it out for a 60% gain.

So this Zenith that was tagged "baba go-slow" is now the beautiful bride as Access and UBA are said to be drinking water.

Indeed life na turn by turn really.
Run your race and maintain your lane.
Whatever works for you, stick to it and stop feeling stupid for not doing what people are saying.

sky2891:
7
Please, when you sell confirm to the house if all were bought immediately. Please

What do you need such information for ?
Abeg if you know something share with me oo

robobo:


veteran

short term play (jijo / 1-2 month) CAPITAL NO cos of bolded

Medium tier play (1 - 6b months) Excellently (poo and vomit)

Long term play (above 6 months) Ultra Excellent ( multpile poo and vomit)

Chief,

How long is your long term play (considering your notion of poo and vomit)?

lancee:




Different tactics from both of my Oga's ..multiple 10% and one time 50% or more ..We are still making the money that's the koko

Gbam Gbam Sir.

That's what we are here for!

Uchetoba:
Dear I disagree with you on the bolded because the Obu and CCNN deal is more like the Access and Diamond deal. One share of Obu Cement is valued at N35.11 and the over 13 Billion share that will alloted to CCNN shareholders will rank pari passu.

Again the building Material industry in every country is encouraged/favoured by the government unlike the breweries industry that is over taxed.

this valuation (if true) is independent of the merger. The question is - what will be the dilutive effect of CCNN be on he resultant Obu cement?

CCNN EPS was relatively ok pre merger with Kalambaina. What is the story now? Now this!

Don't wanna feel sorry later. Afterall I got in @ #5ish

#EndSentimentalAttachments

I think it usually starts at 3pm.

CCNN @ 5 naira! Some people get mind to hold stocks sha

RabbiDoracle:
I think it usually starts at 3pm.

What starts at 3pm ?

mendes911:


Chief,

How long is your long term play (considering your notion of poo and vomit)?

6 - 18 month (but entry point is d key here)

RabbiDoracle:
I think it usually starts at 3pm.

Bad guy.

Turkey: GMT +3.

You are right though. Was telling CP few hours ago. Lets see if they will surface again. I beleive these guys are not local. West coast most likely, that's their early morning.

Lets watch and see.

robobo:


6 - 18 month (but entry point is d key here)

Will 18 months work? Considering there will be April - October within that period.

mendes911:


Will 18 months work? Considering there will be April - October within that period.

its a spectrum and not absolute its as soon as objective (75 - 100%) is achieved (with a combo poo and vomit)

TraDeRR:


What starts at 3pm ?

Upwards rise!

It may trade flat or fall but once it gets to that time, I noticed thar it starts to reverse upwards.

bigjay01:


this valuation (if true) is independent of the merger. The question is - what will be the dilutive effect of CCNN be on he resultant Obu cement?

CCNN EPS was relatively ok pre merger with Kalambaina. What is the story now? Now this!

Don't wanna feel sorry later. Afterall I got in @ #5ish

#EndSentimentalAttachments

I'm not talking about the EPS or the dilution I'm talking about buying CCNN at the current price and selling it as Obu at N35 or there about by January.

TraDeRR:
CCNN @ 5 naira! Some people get mind to hold stocks sha

It was actually 5.01 on 15/11/2011
our holding period for any good stock is forever, unless in situations like this ...
I have this feeling Alhaji Rabiu wants more choke hold on CCNN+Kalambaina+Obu. It doesn't appear he is minority investor friendly like Aliko

Uchetoba:
I'm not talking about the EPS or the dilution I'm talking about buying CCNN at the current price and selling it as Obu at N35 or there about by January.

My brother, obu is not buying CCNN at N35. The N35 that was quoted was from cardinalstone.They arrived at that figure based on their analysis just like CP will analyse a stock and give his opinion on fair price.......

Uchetoba:
I'm not talking about the EPS or the dilution I'm talking about buying CCNN at the current price and selling it as Obu at N35 or there about by January.

Obu is not offering you cash but shares. So don't build your castle in the air

bigjay01:


this valuation (if true) is independent of the merger. The question is - what will be the dilutive effect of CCNN be on he resultant Obu cement?

CCNN EPS was relatively ok pre merger with Kalambaina. What is the story now? Now this!

Don't wanna feel sorry later. Afterall I got in @ #5ish

#EndSentimentalAttachments

The shares exchange ratio was very faulty, they succeeded in cheating holders of CCNN shares. Similar thing will happen with Obu

pluto09:



My brother, obu is not buying CCNN at N35. The N35 that was quoted was from cardinalstone.They arrived at that figure based on their analysis just like CP will analyse a stock and give his opinion on fair price.......

Some of the analysts are paid to hype some stocks.

bigjay01:


our holding period is forever, unless situations like this ...
I have this feeling Alhaji Rabiu wants more choke hold on CCNN+Kalambaina+Obu. It doesn't appear he is minority investor friendly like Aliko

I bought CCNN from N4.50k to N11 naira and I exited when I was convinced there was no more value in it again with rising price.
Rabiu is angling to move up in the Forbes list of billionaire, he will climb up on some people head.....capitalism at its best/worst

emmanuelewumi:



Some of the analysts are paid to hype some stocks.

Wind and fowl's back na enemy.
We wait and see if wind won't offend fowl.