NewStats: 3,259,794 , 8,170,922 topics. Date: Monday, 26 May 2025 at 03:25 AM 533b4s

fx:


Cadbury umm

Daily: bearish (prev -ve div playing out)
Weekly: bearish (on its 2nd week of rest after testing 52 wk high)
Monthly: Neutral (long term consolidation is rounding up)
Trading above 200 ema (long term bullish in of above)
BUY sig consideration is a close above its recent monthly high of N15.67


Other Observations:
- since breaking below N20 in Oct 2015 , its been consolidating for the last 2 years wt monthly RSI recently hitting a 3 yr high wh is good sign for a ''long term reversal'' .This may take days, weeks or months to manifest , big fund managers like this and will accumulate for long term
- price is also ard 2012 levels wt a similar pattern of RSI breaking into 3 yr highs and price broke out & kept making new yr highs till Dec 2013 wen wen it hit ard N100
- not a fan of the vol so hv not looked at this chart in ages , so many things i ''see '' but let me stop here before i complicate things further i beg.
Thank you so much

sky2891:
FX, BBM: Please, what does the chat say about Cardbury?

Pa Emma: Do you think Cardbury will be coming for rights issue within the year?

FX, BBM: Please, what does the chat say about Cardbury?

stcool:
Once you get NB at this point in the year no need to fear bears

Please, what of LAFARGE WAPCO?

safepaulooo:


As expected....powers that be at work. A company that consortium of banks raised huge loan for last year. So many big vested interests politically and financially

Does this explain the recent huge volumes? Is this a green signal? Does this mean the awaited TIME is here? More questions on my mind....

Kashif:


Liquidity problems, poor or non-existent dividend, toxic loan exposures. .....

ok oooo

Kashif:


Thanks. I may not want to load more on Diamond considering what I have been reading, though something might have sparked investors' appetite there.

I will look at fbnh and DF.

Please, can you share what you have been reading about Diamond bank?

tritritri:
@fx pls what going on in DF AND DS?

I guess Dangote has achieved his aim. (Africa's richest man again). So he may have reduced his stock game.. only joking ooo

BullBearMkt:

...bulls are in charge of daily, weekly and monthly chart. Yesterday, bears dominated and if allowed, could possibly drop the price down to test previous at around 1.63. Or could create a new above 1.63

Thank you

BBM, FX: Please, what's TA saying about Diamond bank?

stcool:


https://www.iol.co.za/business-report/companies/sale-of-lafarge-africas-sa-unit-may-be-on-cards-say-experts-12620000

Dangote is one of the regional cement companies being touted as a front-runner to bag Lafarge South Africa alongside others, such as Twiga and Bamburi, which are said to be more profitable and in a better financial position to turn-around fortunes at the South African cement manufacturer.

“Possible buyers could include Dangote Cement, Bamburi Cement (LafargeHolcim), and Twiga Cement (Heidelberg), as these firms are more profitable, generate stronger cash flow and are able to take on more debt to fund acquisitions,” the cement industry experts at Exotix noted.

They should concentrate on the Nigerian market....this is where the money is.

That is their next move.
http://www.nigeriatoday.ng/2018/01/sale-of-lafarge-africas-sa-unit-may-be-on-cards-say-experts-independent-online/amp/
JOHANNESBURG – Cement maker Lafarge Africa could put up its South African unit for sale this year and potentially use the proceeds to strategically shore up and stabilise its Nigerian business, experts have said, signalling potential mergers and …

PETERiCHY:


It's heading to 3Euro slow and steady wins the race.

*ThE OcToPuS*

http://www.nigeriatoday.ng/2018/01/sale-of-lafarge-africas-sa-unit-may-be-on-cards-say-experts-independent-online/amp/

Intendy:
stocks with new 52 week highs
Fcmb #1.58k
APR #4.43k
Fidelity bank #2.58k
diamond bank #1.57k
vitafoam #3.04k

BBM & FX, please can you assist with TA on VITAFOAM?

Intendy:
stocks with new 52 week highs
Fcmb #1.58k
APR #4.43k
Fidelity bank #2.58k
diamond bank #1.57k
vitafoam #3.04k

BBM & FX, please can you assist with TA on VITAFOAM?

dipoolowoo:
Oando, 7up Exit NSE-30 Index as Diamond Bank, Others
https://www.businesspost.ng/2018/01/01/oando-7up-exit-nse-30-index-diamond-bank-others-/

LAFARGE replacing 7up .....

Agbalowomeri:

Oga Diamond u still dey mop at 1.50

In anticipation of completion of subsidiary sell.... my guess.

Mpeace:
Whats ur projection for this co.

I am only contributing information/observations I make as part of my little contribution to this forum.

sellydion:


WAPCO not so exciting. Technically sick to attract funds,the stock is in a fallen knife state, who wants to hold it ?

They have a history of controlling the shareholding structure in every company they have a stake in. Nigeria obviously will not be an exemption.
https://en.m.wikipedia.org/wiki/Lafarge_(company)

sellydion:


WAPCO not so exciting. Technically sick to attract funds,the stock is in a fallen knife state, who wants to hold it ?

Ok

fx:


Nice one

Technically WAPCO will still breach more TA rules. (French games over TA rules). Eyes still observing

Ovamboland:


What fundamental or sentiments is likely to change in Diamond bank to warrant price appreciation, or conversely what can likely go bad with Fidelity to drag down its value?

If the approved sell of African subsidiaries pulls through on/before year end as said by Diamond bank mgt then it may likely be.

veecovee:
I read that they closed yesterday without extending the closure date, is this early closure not a sign of success?

It's obvious that they are desperate (already succeeded) to push people off as much as possible to enable them raise their control. Still close watching.

If the rights subscription turns out successful/unsuccessful, then one can start from there in judging LAFARGE. Ears on ground.

emmanuelewumi:
Since I started trading on the Nigerian stock exchange, Lafarge Africa right is the largest right and public offering, it has the shortest duration ie just 3 weeks and no last minute extension of the right offer and also the most secretive.

Due to my observations, I made sure I took my rights immediately. The change in their auditors prior to Q3 may also be part of their plans as the previous auditor (for Q1 & Q2) may not have agreed to align with their motives for Q3. I will not be surprised if their Next result (Q4 or Q12018) is entirely different from this Q3. Anyway March/April will tell.

RabbiDoracle:


Should I move wapco for you guys

I have a feeling that the French guys has succeeded with their plans to significantly increase their control in LAFARGE. My reasons:
1. Sudden manipulation of their Q3 audit as unattractive (compared with previous Qs run rate) to make evryone see taking their rights as unwise.
2. Merging Ashaka shares with LAFARGE after the rights due date of 1st Nov. to keep Ashaka converted shareholders not to partake in the rights.
3. The sudden announcement of the rights start up. (on a weekend after business hours)
4. The short period of the rights which was never extended as predicted by many giving them room to accumulate all unattended rights.
5. LAFARGE parent company rights were converted with the debt owed by LAFARGE yet they continued to manipulate the stock on the floor to buy more of the stock/rights on the floor. etc.
Still waiting for the outcome of this game.

BullBearMkt:
...I normally look at both short- and medium

Please,any change in Diamond chart?

currentprice:


the quoted post below was even before Q3 released i.e opinion based on Q2 and i still stand on it

the Q3 result even worse. with about total browing of 280b. no single operational cash

as for the fairprice, based on Q3 it below N30

pls note: new report may comes out 2morrow to value it above N100 but as at today based on my system i can't buy it more than N20plus

it better i miss it than buy to hold on HOPE against my system

Please, note that if all is perfect then there will be no need for the rights. Let's keep out judgement till we are see how the rights affects their books before judging the fair price

maishai:


Anything in the range of >15% and I will rollover my tbills

No rollover till 3rd January 2018. All NTB maturing on 14th and 21st December are to be fully redeemed.
DMO Instruction.

sky2891:
Please, house your advice is needed urgently.
I have about N15m units of Niger Insurance. My broker wants me to sell at 30kobo cross deal. I am indecisive about it. I have few information not enough to make any decision:
1. Dividends have been steady except 2016 Dividends which were ploughed back into there working capital, 2. some assets were also sold to boost working capital and 3. unreliable source also had it that Imo state governor invested heavily within this year.
Please, any more info/advise to aid my decision.

leo1234:


See them.

Currentprice can you please post something nice about Niger insurance. One of our is about to sell 15 million units @30kobo. Let's help him and move the price to 55kobo. I heard this thread is now the price mover in NSE.

Please oooo.... but seriously I need all the info I can get on Niger Insurance please.

Please, house your advice is needed urgently.
I have about N15m units of Niger Insurance. My broker wants me to sell at 30kobo cross deal. I am indecisive about it. I have few information not enough to make any decision:
1. Dividends have been steady except 2016 Dividends which were ploughed back into there working capital, 2. some assets were also sold to boost working capital and 3. unreliable source also had it that Imo state governor invested heavily within this year.
Please, any more info/advise to aid my decision.

locodemy:


My brother.I have good units of this stock.why not worry for such a huge transaction.
what of if the buyer decide to have a controlling hand on the company and later reconstruct our shares for his own good.Reason with me.I can only feel relax if uncle T is still incharge.He must protect his company and shares.

This brings to mind the past temporal change of management in Dangflour/Tigerbrands. Is Tony again trying to take the footsteps of Aliko?
Just random thoughts..