fxuser:



update

- most prices generally hitting a monthly daily high (positve)
- all setting up for a very bullish monthly candle abv prev months (positive)
- dont get left behind in disbelief

Yeah... Even @Stcool has taken position.

[quote author=Krisuba post=90027598][/quote]

Calculation of share price after dividend and bonus is very simple.

If UBA declares 3 for 1 also a dividend of N1 and close price on qualification date is N10.

1. Adjust for the dividend from the share price. 10-1= 9
price exdiv is N9

2. the curent value of 3 becomes 9x3= N27

3. Since with the addition of 1 share plus the existing 3 make for 4 number shares.

4, The value for 3 = 27 in (2) the value for 4 ( Owned and bonus ) would still remain 27,
the number of unit owned has changed but the value would be constant to (what was previously owned before the bonus)

5, The value for 3 would now be divided by 4, to give per unit new share value. in this case 27/4 = 6.75 per share.

Heishere:


Chairman. You no just like our happiness.

Rotfl. You just make me dey laugh like mad man.

veecovee:


I dey here sir, I no go keep quiet for this one

... wrong to flaunt such seductive pic in public

So my Boss VCV also get specifications.
Counselling this type need one week dry fasting oo...

gabscity:


Yeah... Even @Stcool has taken position.

Better late than never. I love his honesty by saying he has taken position.
It's like begging a woman. Most people feel it's a sign of weakness. But It's actually a sign you want to complete the days allocated to you on Earth, ask VCV for clarification. VCV will let you understand that even the holy book knows the extent of the fury of our ribs. A woman once eliminated an entire family of four including herself to punish her husband for cheating on her. He did not touch the man physically, not that she was not capable.

RabbiDoracle:
Something isn't right with the ASI index calculation.

NBrew gained 10%. Stanbic, Guinness, Dangote Sugar gained almost/or 9%.

Dangote cement was amongst the gainers.

All banks gained well.

Yet the index increased by 0.07%.

The index needs to gain nothing less than 2% with all these heavyweights gaining.

I noticed same thing intraday. During those periods, MTNN was equally gaining, Nestlé too; but the ASI remained red to my astonishment. I even posted it here.

onegentleguy:


Not really.
The heavyweights(mkt cap) didn't gain that much.
NESTLE closed flat(unchanged), MTN also unchanged after a slight intraday drop in price, AIRTEL also closed flat while DANGOTE CEMENT gained just ~2.46%.
When u factor in the fact that GTB, ZENITH and the other three 1st tiers were mainly the heavyweights that gained, then u'll see why the rise in index was marginal. ...of the FUGAZ, only ACCESS and FBNH witnessed maximum gains.
And don't forget that DANGOTE CEMENT was also marked down today, so that should take a bite from what would've been the start off point of the index between the opening and close of market.

U can do the estimate.

This may be it.

Umargarr:


Equally note that you have qualified for dividend.

He knows probably wanted to earn dividend and also sell at N150.00, kolewerk

RabbiDoracle:
Something isn't right with the ASI index calculation.

NBrew gained 10%. Stanbic, Guinness, Dangote Sugar gained almost/or 9%.

Dangote cement was amongst the gainers.

All banks gained well.

Yet the index increased by 0.07%.

The index needs to gain nothing less than 2% with all these heavyweights gaining.

Kindly spell out the stocks used in computing the index and their weightings.

meshpips:


Kindly spell out the stocks used in computing the index and their weightings.

ASI is all stocks o.

Bro, your bets are coming off badly.

Do you still think VAP is correct on Zenith and the banks?

RabbiDoracle:


ASI is all stocks o.

Bro, your bets are coming off badly.

Do you still think VAP is correct on Zenith and the banks?

My recommendations are still very fine sir.

Allow time tell the whole story.

People have to be sucked in! If the market doesn't make 'em believe that the bulls are here, how then can they slaughter enough dumb money traders?

Remember @fxuser observation about volume traded? That is a very big indication of an impending volatile move.

I will try post a screenshot from a book shortly. Which you help you see how institutions play.

meshpips:


My recommendations are still very fine sir.

Allow time tell the whole story.

People have to be sucked in! If the market doesn't make 'em believe that the bulls are here, how then can they slaughter enough dumb money traders?

Remember @fxuser observation about volume traded? That is a very big indication of an impending volatile move.

I will try post a screenshot from a book shortly. Which you help you see how institutions play.

The volume trade is huge because investors (like stcool and Chibuking81) are paying a premium (9 % to 10% high) to get a stock from those holding it. I expect this trend to continue.

Please advice me on which of these stocks to buy, pleaseee
Wapco
Flourmill
MTN
Dangcem

At their current prices.

Short to medium term in view.
OGG, myc56, pa Emma, prof please help out.

Umargarr:
Please advice me on which of these stocks to buy, pleaseee
Wapco
Flourmill
MTN
Dangcem

At their current prices.

Short to medium term in view.
OGG, myc56, pa Emma, prof please help out.

If you have the cash, buy all of them.

Let me show us a few things from my volume analytics :

Last week closed at 16.95 while last week's VAP was 17.44 (this was why I said touching 17.44 will be the litmus test for Zenith as at last week).

For this new week, the VAP is at 18.08

We still have about 509 million units of stock in the net sell direction as shown in the K column.

If price touches 18.08 this week then closes with a bearish body next week, Zenith will sell back to the 11.90 low (maybe lower).

18.08 is the price level to watch for this week.

meshpips:


My recommendations are still very fine sir.

Allow time tell the whole story.

People have to be sucked in! If the market doesn't make 'em believe that the bulls are here, how then can they slaughter enough dumb money traders?

Remember @fxuser observation about volume traded? That is a very big indication of an impending volatile move.

I will try post a screenshot from a book shortly. Which you help you see how institutions play.

If you are like this, when will you make money from this market

Justcul:


If you are like this, when will you make money from this market

He may be fine with just making his point. Everything is not about making money.

Harvestock01:


He may be fine with just making his point. Everything is not about making money.

... and mislead others right? Why are you/him on this platform? Is it about making your point??

DeRuggedProf:


Better late than never. I love his honesty by saying he has taken position.
It's like begging a woman. Most people feel it's a sign of weakness. But It's actually a sign you want to complete the days allocated to you on Earth, ask VCV for clarification. VCV will let you understand that even the holy book knows the extent of the fury of our ribs. A woman once eliminated an entire family of four including herself to punish her husband for cheating on her. He did not touch the man physically, not that she was not capable.

VCV na private Jet pastor now as bull don come...

Justcul:


If you are like this, when will you make money from this market

If you keep asking such stup.id questions, when will you get an answer?

Were you not there last week when I showed @adruino multiple withdrawals already done this month?

meshpips:


Bro, please stop this stupid insinuations.

See the screen shot below.

How many withdrawals can you see?

Me trade a demo account after over thirteen years of doing this? You must be a huge joke!

@justcul this is FYA

A few weeks ago, Zenith spent some days @ bus-stop N12 and then bus-stop N15.
Those that didn't buy will be regretting now. While those that sold at those prices will be regretting also.
This was during the panic of Covid-19, low oil price and doom and gloom panic for Nigerian economy.

meshpips:
Greetings everyone,

if you currently have ZENITH shares in your holding, please do well to sell it off between 15.89 (price already touched this level) last week and 16.35 region.

I expect price to sell off and retest the 11.90 support and possibly deeper in the sub- ten level before we can see further buying.

All the best everyone!

Your post on 19th April 2020.

meshpips:
In this year 2020, Zenith currently has about 839 million units as net sell quantity.

When supply exceeds demand, price goes down.

Now, when you re-adjust the price by comparing this net volume with the total volume traded in 2020, you will obtain 16.59.

This is the support of Volume Adjusted Price.

The price could go slightly higher to the 16.35 level which I mentioned earlier this week but with the current realities for this week (no new high), this is not so probable.

Even in the event of the commencement of a bullish move, the support at 11.90 needs to be contested and hold without putting in a new low for this year before we can say that the bulls have taken over.

So, 11.90 is the first support level while 9.44 is the next. These are the two price levels at which erudite buyers will be waiting.

Your post on 24th April 2020.

meshpips:
ZENITH will face its litmus test today.

Let's see what happens after it touches 17.44

If the next week closes with a bearish body the we will of necessity see 11.90 and possibly lower.

All the best everyone!

Your post on 22nd of May 2020.

meshpips:
Let me show us a few things from my volume analytics :

Last week closed at 16.95 while last week's VAP was 17.44 (this was why I said touching 17.44 will be the litmus test for Zenith as at last week).

For this new week, the VAP is at 18.08

We still have about 509 million units of stock in the net sell direction as shown in the K column.

If price touches 18.08 this week then closes with a bearish body next week, Zenith will sell back to the 11.90 low (maybe lower).

18.08 is the price level to watch for this week.

Your post today, 28th May 2020


I hope you see how prices keep going higher despite the VAP showing you something contrary. You keep adjusting your VAP prices.

Is there something you are not interpreting well?

RabbiDoracle:


The volume trade is huge because investors (like stcool and Chibuking81) are paying a premium (9 % to 10% high) to get a stock from those holding it. I expect this trend to continue.

Oga Oracle...leave me oh! The bolded dey pain me, I won't lie because you told me earlier

I am not feeling fine...let me see what Fidelity will do and know if to add or wait to sell

meshpips:
Let me show us a few things from my volume analytics :

Last week closed at 16.95 while last week's VAP was 17.44 (this was why I said touching 17.44 will be the litmus test for Zenith as at last week).

For this new week, the VAP is at 18.08

We still have about 509 million units of stock in the net sell direction as shown in the K column.

If price touches 18.08 this week then closes with a bearish body next week, Zenith will sell back to the 11.90 low (maybe lower).

18.08 is the price level to watch for this week.

Pull backs are expected in zenith and in every other stock but zee ain’t going down to 11.90 except there are strong negative news. Analytics ain’t doing this with no commensurate negative news.

Justcul:


... and mislead others right? Why are you/him on this platform? Is it about making your point??

Opinions are like household and everybody has one. We welcome all opinions, always filter through and run with what works for you no need castigating anyone.

RabbiDoracle:


Your post on 19th April 2020.



Your post on 24th April 2020.




Your post on 22nd of May 2020.




Your post today, 28th May 2020


I hope you see how prices keep going higher despite the VAP showing you something contrary. You keep adjusting your VAP prices.

Is there something you are not interpreting well?

The VAP values are calculated at the end of every period (weekly in this case).

Anytime the week ends higher than its opening price, the VAP value will be re-adjusted to the upside.

Take note of the IF . . . THEN statement

For last week it was "IF price touches 17.44 then closes bearish in the coming week" but price did not touch 17.44

Now this week, the IF . . . THEN statement is "if price touches 18.08 then closes bearish next week"

Be patient to allow the condition get fulfilled and watch what happens thereafter.

My confidence lies in the fact that we still have over 500 million units excess sell for this stock.

Make we dey watch.

meshpips:
Let me show us a few things from my volume analytics :

Last week closed at 16.95 while last week's VAP was 17.44 (this was why I said touching 17.44 will be the litmus test for Zenith as at last week).

For this new week, the VAP is at 18.08

We still have about 509 million units of stock in the net sell direction as shown in the K column.

If price touches 18.08 this week then closes with a bearish body next week, Zenith will sell back to the 11.90 low (maybe lower).

18.08 is the price level to watch for this week.

And you said you got this strategy from Lehman Brothers?

No wonder they are bankrupt and closed.

Dwizeone:


Pull backs are expected in zenith and in every other stock but zee ain’t going down to 11.90 except there are strong negative news. Analytics ain’t doing this with no commensurate negative news.

Gbam.

There will be profit taking but going back to March low, I don't think so.

It isn't yet the time for lows to be tested globally.

meshpips:


If you keep asking such stup.id questions, when will you get an answer?

Were you not there last week when I showed @adruino multiple withdrawals already done this month?

I don't abuse people because I am way pass that level

meshpips:


The VAP values are calculated at the end of every period (weekly in this case).

Anytime the week ends higher than its opening price, the VAP value will be re-adjusted to the upside.

Take note of the IF . . . THEN statement

For last week it was "IF price touches 17.44 then closes bearish in the coming week" but price did not touch 17.44

Now this week, the IF . . . THEN statement is "if price touches 18.08 then closes bearish next week"

Be patient to allow the condition get fulfilled and watch what happens thereafter.

My confidence lies in the fact that we still have over 500 million units excess sell for this stock.

Make we dey watch.

Are you aware that the IF... THEN statement is on someone's money?

Another thing I noticed in your excel attachment is that there had been a recovery in the "cum NV" (cumulative net volume, I guess) from - 970m units to - 509m units. At a point it could become positive. Is there no way you can foresee a building volume to the positive side?

How do you compute this? Don't you think that is where your interpretation is wrong?

RabbiDoracle:


Your post on 19th April 2020.



Your post on 24th April 2020.




Your post on 22nd of May 2020.




Your post today, 28th May 2020


I hope you see how prices keep going higher despite the VAP showing you something contrary. You keep adjusting your VAP prices.

Is there something you are not interpreting well?

He got all his predictions wrong.. in the short term, its a bullish trend..