Where is Lagos is the best to buy land with N30million?

Hello Everyone,

Please share your experience on which is the best from any of these 3 apps for foreign share investment - Chaka or Trove or Bamboo?

Appreciate your contributions.

Thanks All.

Abeg ooo.

I never see alert ooo. I use Zenith bank.

Standardguy:
Folks, mine just landed. Thanks for the encouragement as I almost had BP. You know these registrars can be funny sometimes.

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daddytime:
Just keep telling her your name (that is, you are broke). That word dey repel dem like mosquito repellant.

Either the company wants to re-invest the profit *OR* it is an 'audio' profit.

Still, it is a total disregard for your long-term investors to cut dividend so dramatically whilst also reporting improved results.

samguru:
Before you press that SELL button on UNITED BANK OF AFRICA PLC (UBA PLC) shares

Lets reason together;

*NPL (Non Performing Loan ratio) reduced in the year under review
* The Gross earning and profit after tax increased significantly
* No pending court case that that can claim up to 50 billion naira
* Directors of UBA are buying more shares
* Tony Elumelu and his family members are increasing their holdings in UBA


But at the end of the 2020 FYE, UBA declared a very poor dividend and on the other hand the company performance was sterling.

Ok nah, you want to begin to dump UBA shares because of poor dividend and thrash their good performance to teach the board small sense.

I strongly believe UBA is embarking on investment drive in 2021 that will require alot of cash and that is the reason the company has retained a large chunk of the 2020 profit.

Hello All,

I am unable to trade my LASACO. Please what is happening?

Any clarification will be appreciated.

Hello All,

Is there a newer version of this ranking of trading platform? Please share the link if you have it.

https://www.proshareng.com/news/ONLINE%20TRADING%20/Nigerian-Online-Trading-Portals-Ranking-Report-2018/41596

Hello All,

Please is anyone using GTL MyTradeBook.Com trading platform?

I am unable to log since morning. Please who has information on what is happening to them?

Hello All,

Please do you have any update on the Mansard share reconstruction?

When will the additional share be added and price reviewed?

Any update will be appreciated.

Thanks.

You are adding great value to members of this forum.

I always look forward to your 'Systematic_Trader' posts.

Well done !

ositadiima1:


I am not going to go into the details regarding the equation that outputs the RSI values, it is quite well documented online. For u guys that like books you can check out 'New Concepts In Technical Trading Systems' by J. Wilder himself. In there you will find the RSI and other indicators developed by the author.

With a python script I was able to run a few tests and deciphered a few things.

The RSI possesses predictive powers, but, you have to dig deep to get to it.

I will not be posting detail results this time maybe later.

These set of parameters made ok returns in my back test:
1. I used the standard 14 day period to compute the RSI
2. Buy when RSI goes to 30 or below (Number 3 must be true for this to be true).
3. Buy only if the volume traded on the previous day was 20,000,000 or above (It doesn't matter what stock it is).
4. At least a 90 days holding period after stock purchase. You need huge discipline for this, their will be ups and downs.
5. Invest same amount on each trade i.e N500,000 or what ever. (Don't worry, trades matching this criteria will be very few)

Some results:
1. Stock data: March, 2020 to December, 2020
2. In total 20 trades: 18 winning trades and 2 losing trades.
3. Used 500,000 per trade
4. Total turnover was 10,000,000
5. Profit after trading fees 3,894,000

In fact, I will be adopting this strategy after a few more tests

#systematic_trader

The Share reconstruction process is not yet complete. The issue of bonus shares and consolidation thereafter is next.

I suggest you close your profit before the next process take hold because that will surely impact the price.

ositadiima1:


MANSARD is doing 37% today from my entry. Will it cross our 50% mark? OR go burst from here. Time shall tell...

If I could be this lucky 1 to 2 times out of the 4 quarters every year, I for quit my day job nah.

Anyhoo, #systematic_trading_for_life

@Mcy56

How do you feel when you sell but the price keeps rising?

Feel you lost out? Greed and contentment...

Mcy56:
ARDOVA: Full bid @22!
J-GOLD: Full bid.......@1.39.....
Mbenefit, Royalex, STI, Regal, Nigerins Lasaco...........Full bid...
DANGCEM: Moving......
TRANSCORP: Moving.........@1.01 as at now.....
MANSARD: Full bid @1.51.....
Expecting CHAMS to join this solidarity mvmt soon.......

what is the typical price range?

Any pictures to show your facilities?

Hello Everyone,

Please how do I go about it if I want to change my stockbroker?

I am currently trading with one and not happy at all.

Chairman, please keep the weekly updates coming. Some of us look forward to it and it is much appreciated.

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.

Chairman, please where do you get this data? Abeg help a brother too. Show me the way. Thanks in advance.

Intendy:
Stock with new 52 week lows

Afromedia #0.26k

Stocks with new 52 week highs

Neimeth #0.94k

Cutix #1.71k

JB #27.50k

Aiico #1.05k

Hello Investors,

See a recently released ranking of trading platforms in Nigeria. Do you agree with it? What are your views?

https://www.proshareng.com/news/ONLINE%20TRADING%20/Nigerian-Online-Trading-Portals-Ranking-Report-2018/41596

OBAGADAFFI:


They whole website -including LeadTrader platform.

They include a new dashboard with Trade and Fund Account icon

So which one are you using now?

hisexcellency34:
See lily-livered Afonja people still smiling at him sheepishly. Can't they stone him like Tony Momoh said?

Did you see gun men following him?

Hi,

Sensible if you give more information to enable us make an informed decision.

Still available.

yinkacrown:
Hello All,

I have used planks and bamboo for sale. They are freshly cut and used about three weeks ago for decking and are now sale.

Contact me via phone - 07064186903 if you are interested.

Hello All,

I have used planks and bamboo for sale. They are freshly cut and used about three weeks ago for decking and are now sale.

Contact me via phone - 07064186903 if you are interested.

pictures pls