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Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:18pm On Feb 11, 2008
Temmie10:

it doesnt have to be fertilizer o, a lot of things can cause upward price movement.
Some can like the way a company's name sounds and they ask their broker to buy millions of units, u will be surprised,  or let me ask you, when was the last time you saw afroil's result?  (note: this is not a sell or buy recommenation on afroil o, this one na just ILLUSTRATION!)

Hey, oga temmie10, abeg I don "patent" that name-o. grin
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:14pm On Feb 11, 2008
FatherOF2:

 Upward PZ now stands at about 20% profit since that result came out when there were some worries that day. Like i said,  I BUY when i see what i want to see. Today is monday. Anything happens on Mondays. Lets see the momentum till about wednesday for PZ. If it continues, then this week will be an excellent exit for PZ.I'm looking between N31-N32.83 for an exit. Some people have just been credited with the bonus of last year and the price needs to get to at least N33 to absorb the shock of the selling that will follow this.Then one can reenter after the storm will be over.This would be around 9months results time.
 

@ Fo2, I really agree with you. I had set 32 naira as my exit (as at that day when we spoke about PZ), but I was beginning to wonder if I was left alone in this flight but as you don talk am now, I'm relaxed. Anyway, going by all the tutorials aktopgun has been giving us, I still think buyers still have a say in puching th price of PZ. I have not looked at the charts for today, but up till Friday, it was that way.
Business / Re: Technical Analysis Using Aptistock by upward(m): 2:35pm On Feb 11, 2008
easimoni:

Latest OHLC + Volumes below. Valid till Feb 8

Thanks easi for this, please keep it coming. You will always pass your exams. AMEN
Investment / Re: Stock Market Tips For Nigerians by upward(m): 2:27pm On Feb 11, 2008
Mr. Risky:

All I have to say about PZ is that it has taken off. grin Bye bye

Thanks Mr. Risky for your comment, but yeah what do you think is chasing it, where is it running to?

@aktopgun,
Please what do you say? PZ gained agained remarkably today.  Yeah WAPCO dropped, liked I said, I expected it, some turbulence on the way, as it prepares for higher altitude.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 1:55pm On Feb 11, 2008
aktopgun:

just to say that i am happy for the fellas with wapco.
it looks set for bumper days ahead in a big way. reasons for saying so:

1. RSI above 50 (now just creeped over 70 actually)
2. candlesticks showed buyers are gaining the upper hand and therefore will drive prices higher.
3. MACD is above its trigger line and more importantly it recently crossed the centre zero line

wish i had it. then i could be wrong and just be blowing smoke  wink.
doubt it.

@aktopgun,
you really can't have everything. At least I'm happy you actually are piloting Oceanic (highjacked), I'm just right behind you on that flight, however I got into WAPCO a while ago, and I talked about it on this thread. The guys that listened must have all boarded by now, I entered at 68naira anyway. The rumor of the bonus seems to be gaining momentum as the days go buy. Let's see how high it can go, though there may be some turbulence on the way.

What do you have to say about PZ?? Thinking of exiting after reasonable gains, but the buyers seem to still be in control (at least on full bid as at Friday)
Investment / Re: Stock Market Tips For Nigerians by upward(m): 11:55am On Feb 11, 2008
pumping777:

Your broker needs to confirm this. It depends on the address they are using for you.

If it is your personal address then you should get your warrants at this address.

Some brokers will do all your trades c/o their own office address so in this case warrants will be sent to your broker and passed on to you.

Thank you so very much. You are highle appreciated.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 11:46am On Feb 11, 2008
@Pumping, wanajo, FO2, ALL
please, how does one receive bonuses and Dividends of stocks you bought from the secondary market I've been receiving bonuses and dividends, but from shares I bought from the primary market. I just started doing secondary market last year and will need some clarifications from the guys that have been doing this for a while now. I have a CSCS account.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 10:51am On Feb 11, 2008
@Pumping,
Hello Oga, how are you doing?? I hope you are very well. I MUST COMMEND YOUR SHOW OF MATURITY, AND APPROACH TO THE HAPPENINGS ON THIS FORUM OVER THE WEEKEND. YOU HAVE SHOWN THAT YOU ARE REALLY A MATURE AND RESPOSNSIBLE FELLOW. KEEP IT UP, KEEP PUMPING.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:44pm On Feb 08, 2008
@ jandbaby,
Hello jandbaby, please can we be getting the daily prices from nigerianstockexchange daily?? It is ofc ourse the most authentic. Thank you
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:28pm On Feb 08, 2008
jandbaby:

pricelist for 080208 - downloaded from nigerianstockechange.com. It's different from the one on nigeriansecurities.
(seems the change column contains "absolute values".)

Thank you so very much for this.


dollarmani:

if you want authoritative source of a result . zenithsecurities and nigeriansecurities is where to look. Those two entities are on a different league of their own. I have noticed that TRW rushes to put out results and therefore have a lot of mistakes. Nigeriansecurities howver because of their focus been on accurate data because they are about tools and the accuracy of their data.

TRW have nothing to loose when they publish inaccurate data. They may be the first. But Nigeriansecurities and zenithsecurities are the most reliable. Infact i have never seen both of them differ on any result

@dollarmani,
you can see from jandbabe's post that your nigeriansecurities and zenithsecurities are not "error-proof" afterall, because there are a number of "wrong" prices on them (going by the fact that nigerianstockexchange is the most authentic).
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:12pm On Feb 08, 2008
jandbaby:

@omo_boy
it's called NSE wonder, the more you look the less you see. wink
Just checked the daily report from nigerianstockechange.com and Afribank closed at 26.40. 24.90 was the low for today. It's quite slow loading as usual.
What price did you want to crosscheck?



hello jandbaby, please help me check the real prices of the following in nigerianstockexchange.com; Zenith, WAPCO, PZ,Oceanic, let's leaev it at those for now. Thank you very much.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:07pm On Feb 08, 2008
kpineo:

DAILY BID POSITION.



Thank you my brother, this came in early today.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 12:03pm On Feb 08, 2008
aktopgun:

@upward

my brother, i feel u jare. me sef na in between patients i take write that one. e no easy. wifey don dey complain sef say na so-so stock i just dey yarn nowadays no too focus on anything else. omo na beg i begin beg o cheesy cheesy cheesy.

it can be time consuming but worth it. at least if anything i can follow the gist on nairaland abi cheesy

@aktopgun,
My brother, one has to apply a lot of wisdom in this matter. Na so so rake wifey been dey rake for me sef, say na only stock I dey talk about. But I think it's a worthwhile venture to invest as we seek to secure our future, howbeit, family ties need not be broken in the process. God will help us.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 11:18am On Feb 08, 2008
aktopgun:

@gudchoice, what i mean is that buyers controlled the price from first trade to the last trade. You see, the kind of candlestick cutix showed yesterday is called a MARUBOZU (japanese name), no mind thename jare.

what it means is that the high for the day was the closing price and the low for the day was the opening price ie high price=closing price and low price=opening price for the day's trades. On nigerian securities.com, they use the color green to denote days that the opening price is lower than the closing price and red for the days the closing price is less than the opening price. if the colour of the candlestick hab been red and the opening price equals the highest price for the day while the closing price was the lowest for the day, then that would have meant the sellers were in control of the trades from the first trade to the last trade.

so in summary Marubozu can be of 2 types, called brothers.
brother 1 is green (using nigeriansecurities.com color code) which is good and means the buyers are in control
brother 2 is red which is not so good and means sellers are in control

hope this is helpful for the techies on here. am learning more everyday. mixing it up with all the other little gems of info i've learned on this extermely beneficial forum. probably the best investment decision i made in 2007 u know, to join this forum.

i holla

Thanks aktopgun, I keep learning everyday, just that work won't allow one to read as much. But I'll try and get back to the books and investopedia. You know the way it is with medics, intermittent consultations and stuff
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:41pm On Feb 07, 2008
upward:

My dear Fatherof2, I really appreciate your effort to make out time to reply all necessary info you feel you have missed out on. It is well, I pray you have more time so we'll keep benefiting from your incisive and somewhat straight to the point posts.

About my PZ and WAPCO flights, well doing well for now, since we are all bullish. But like you said, the GOOD TIMES will not last forever, so wisdom is required to know when to bail out of one's SHORT DISTANCE FLIGHTS.  However, I've been picking up some UBA, Dangotesugar and Oceanic when they bottomed out (although I bought some UBA at 50+, but still picked up a reasonable chunk at 49). So, like Oga wanajo will say, those are possibly LONG HAUL FLIGHTS for me, but I must also apply FatherOf2 strategy of "taking out your profit and allowing the principal to still be growing" abi FO2

@All,
Please, who knows when CSCS accounts will be credited for the Fidelity and AIICO POs Abeg answer me now.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:39pm On Feb 07, 2008
upward:

About my PZ and WAPCO flights, well doing well for now, since we are all bullish. But like you said, the GOOD TIMES will not last forever, so wisdom is required to know when to bail out of one's SHORT DISTANCE FLIGHTS.  However, I've been picking up some UBA, Dangotesugar and Oceanic when they bottomed out (although I bought some UBA at 50+, but still picked up a reasonable chunk at 49). So, like Oga wanajo will say, those are possibly LONG HAUL FLIGHTS for me, but I must also apply FatherOf2 strategy of "taking out your profit and allowing the principal to still be growing" abi FO2

aktopgun:

@upward

will show u my pilots licence but if the plane isnt on autopilot by tomorrow i will have had a bad teacher be that!
only kidding, but really i am quite sure oceanic will do well as usual in the medium to long term as u know i am not really keen on fly-by-night shares (even though i struck at night  tongue). I followed my nose ie (analysis) on this one and its a big boeing 22B share jet so it may take a while still for all the air hostesses to serve everyone on the plane.
be patient dear friend, be patient

@aktopgun,
you can see I said this already yesterday, note the bold prints. I got into Oceanic after I read the handwriting on the wall, but my only worry is that I didn't go close to the cockpit, so I became afraid when you said we were on-board a highjacked plane. However since you have re-assured me, I'll hold my peace.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:16pm On Feb 07, 2008
@FatherOf2,
Abeg e get something wey I wan discuss with you, you fit drop me a line, or make I PM (messenger you) My ad na teekachi at yahoo dot com.

I'm enjoying the Oceanic flight too-o, but the way akdopgun is sounding, I'm beginning to fear, if he actually highjacked this craft, I hope he'll take us to the promised land?
Investment / Re: Stock Market Tips For Nigerians by upward(m): 1:31pm On Feb 06, 2008
pumping777:

For those that had any doubts about this.

----
From: www.cscsnigerialtd.com Dear Subscriber,

Please note that an Individual Investor is expected to have only a single Clearing House Number (CHN) across all Stockbroking firms. The Investor's acount number changes but the CHN remains the same.

Investors with different CHN should apply through their Stockbroking firm(s) for change of CHN.

Thank you.

Admin.
www.cscsnigerialtd.com
- www.cscsnigerialtd.com Staff
---------

Thanks for that. This has been argued severally on this and other threads. CLEARED NOW!!!!
Investment / Re: Stock Market Tips For Nigerians by upward(m): 1:16pm On Feb 06, 2008
pumping777:

Ha. If you have been following the Zenith discussion you will note that some already predicted that it will lose steam today. It may still come out strong at end of trading but the turbulence must hit today as profit takers go for 5% on large volumes. That N50 mark is a heavy resistance line for now.

I followed it-o my brother but didn't really believe it, thought it could be able to weather the resistance. Na wa-o for all this large volume profit-takers. Anyway, it's good for some more people to come on board, then it will take off again, viz-a-viz the PHB phenomenon.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 1:07pm On Feb 06, 2008
Looks like our mighty Zenith is having a stop=over sooner than expected. It's loosing 1.00 naira today on the floor. Also seems like the light has fully shun on the Petroleum sector, most of them are jsut comfortably sittinginthe gainers chart with high figures. NSE, very interesting-o
Investment / Re: Stock Market Tips For Nigerians by upward(m): 11:46am On Feb 06, 2008
pumping777:

No clue. They never meet up with the dates in the prospectus. However, I don't expect any of these to be credited (if this is the case) soon. Not within the next 3 months for Fidelity and even 6 months for Aiico. Aiico just finished bare a month ago na.

Thanks a lot
Investment / Re: Stock Market Tips For Nigerians by upward(m): 11:32am On Feb 06, 2008
@pumping,
welldone-o, I see you are enjoying your PHB flight now, just gathering more altitude before cruising. Please do you have the answer to my previous question. Seems like everybody has abandoned me on that one: when will the CSCS accounts of AIICO and Fidelity PO buyers be credited
Investment / Re: Stock Market Tips For Nigerians by upward(m): 9:58am On Feb 06, 2008
FatherOF2:

Eh u , i dey miss my beautifull thread oh. Wey time now.

@ Upward
How are our flights doing, PZ is up N2 card since then,don't worry more are coming. Air Larfarge is all up (feet)(N)4 since last week. Excellent bro.

My dear Fatherof2, I really appreciate your effort to make out time to reply all necessary info you feel you have missed out on. It is well, I pray you have more time so we'll keep benefiting from your incisive and somewhat straight to the point posts.

About my PZ and WAPCO flights, well doing well for now, since we are all bullish. But like you said, the GOOD TIMES will not last forever, so wisdom is required to know when to bail out of one's SHORT DISTANCE FLIGHTS.  However, I've been picking up some UBA, Dangotesugar and Oceanic when they bottomed out (although I bought some UBA at 50+, but still picked up a reasonable chunk at 49). So, like Oga wanajo will say, those are possibly LONG HAUL FLIGHTS for me, but I must also apply FatherOf2 strategy of "taking out your profit and allowing the principal to still be growing" abi FO2

@All,
Please, who knows when CSCS accounts will be credited for the Fidelity and AIICO POs Abeg answer me now.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:49pm On Feb 05, 2008
Tucom:

Am happy to join this Forum and I must commend the good job and self-less service many from many individuals here. I wish I could go through all the pages but its indeed a very thick forest.  Am a novice in terms of stocks but am interested in joining the thread hoping to learn and start trading with the little amount I have.


Kudos to you all.

You are welcome my brother. I was like you about 3 months ago, and I read from page one of this thread. It tok so much time, infact I just finished few weeks ago, but I must tell you I learnt a lot and was pushed into more studying and learning. It has paid off and is still paying me, there's no substitiute to learning. Get knowledge, it is power.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:09pm On Feb 05, 2008
easimoni:

https://www.nairaland.com/nigeria/topic-103844.32.html

Aptistock data is updated

Now I have to work. sad

Thank you so much easimoni, may you walk and never stumble, for the book wey you dey read, you go dey pass exam well-well.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 5:05pm On Feb 05, 2008
@kpineo, NBA, etc
please we'll be glad to receive the daily stock position (bid/offer) as you've been doing. You guys have been great, keep it coming.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 4:38pm On Feb 05, 2008
jandbaby:

@Heights

The unity bank figures are from nigerianstockexchange.com. You have to login to the members area to see the volumes and price info, as well as download daily price figures in delimited text files.


Does one have to pay to be able to login to the members area of nigerianstockexchange website?
Investment / Re: Stock Market Tips For Nigerians by upward(m): 3:50pm On Feb 05, 2008
Genuine:

Can someone give today's stock position as compatible with aptistock?

Thanks

easimoni can help or you can check his other thread on aptistock.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 3:47pm On Feb 05, 2008
I can see that this RSI topic has brought about serious brain-storming, very good for all of us, thank God I was able to point it out so that unsuspecting newbies, I'm still a newbie-o will not be led astray. Roughcut, check your books and you may be willing to shift positions.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 3:40pm On Feb 05, 2008
pumice:

@ upward

I'm sorry I didn't delete any post. What actually topic were you refering to?

No not you, I was actually talking to pumping, check again.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 3:33pm On Feb 05, 2008
@pumping,
I can see you've deleted your earlier post, which I was about to pick up.

@hbrednic,
well, I think you've just hit the nail on the head. Because, if one already has a stock, you are to sell when it is likely to start trending downwards( when RSI has reached 70), so you can take your profit or cut your losses; and vice versa when RSI approaches 30. However this is just ONE INDICATOR, and the stockmarket is always not that predictable.
Investment / Re: Stock Market Tips For Nigerians by upward(m): 3:21pm On Feb 05, 2008
RoughCut:

When the RSI is above 70 it is OVERSOLD and a retractment downward is imminent that will be the time to[b] BUY[/b] and when the RSI dips below 30 it is OVERBOUGHT and a upward price movement is imminent and that will be the time to SELL

Thnx for spotting that!

Still not sure about the above, I think you are mixing it all up Roughcut. when a downward movement of price is IMMINENT, will that now be a time to BUY or SELL, and when an UPWARD price movement is IMMINENT, will that now be a time to SELL? I think it's still the opposite, or am I missing something

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