CICO Tips for NSE Investors

[kalokalo]

What does Soludo's announcement about shifting banking yr end imply?
CICO time??? 

Yes o! Expecting the CICO turnaround _{going forward} to be a lot faster at least for now. 

[londoncool]

I'm up on 4% ,9.4% and 15% on three tranches of Mbenefit bought at N2.79 ,N2.66 and N2.53 respectively last week. I will be CICOing out in stages.

If I bought 300,000 units of Mbenefit @N2.53
                200,000 units of Mbenefit@N2.66
                200,000 units of Mbenefit@N2.79

What will be my profit before commission if I decide to CICO @N3.00 ? E no reach N250k?



CAVEAT: I still own large units of Mbenefit bought at N3.08,and N4.45

[hama]

 

What does Soludo's announcement about shifting banking yr end imply?
CICO time??? 

Yes o! Expecting the CICO turnaround _{going forward} to be a lot faster at least for now. 

@kalokalo - enter stage one week after. Where have u been?
This thread is not the same without you.
Brokers not able to get stocks now cos they're on bid. What opportunities can you spot that the world has not yet gone after?

[kalokalo]

What does Soludo's announcement about shifting banking yr end imply?
CICO time??? 

Yes o! Expecting the CICO turnaround _{going forward} to be a lot faster at least for now. 

@kalokalo - enter stage one week after. Where have u been?
This thread is not the same without you.
Brokers not able to get stocks now cos they're on bid. What opportunities can you spot that the world has not yet gone after?

My bad! Tight schedule! Besides, last week wasn't exciting - a lot of CI-ing bits & pieces since 2 wks ago, but no CO-ing. Hoping to CICO out this week on most stocks earlier mentioned  _{no how no how}. Thanking Soludo for d positive shock & rude awakening!

The ff stocks might be looking interesting 'cos they haven't really caught the feel good bug -

Fidelity Bank - Me too factor
Zenith Bank - Swift CICO turnaround besides FY result due. Historically, they like to depress the price b4 releasing their results so that the upside would be wicked.
Flourmill - Nice ride b4 the dividend closure date; exiting N65-N69. Rebounded 2 day with higher no. of deals.
Dunlop, yes dunlop - Retracement due after falling over 65% besides some resistance 2day with higher no. of deals & volume.

Enuff caveat has been emptored in the above.

[kalokalo]

I'm up on 4% ,9.4% and 15% on three tranches of Mbenefit bought at N2.79 ,N2.66 and N2.53 respectively last week. I will be CICOing out in stages.

If I bought 300,000 units of Mbenefit @N2.53
                200,000 units of Mbenefit@N2.66
                200,000 units of Mbenefit@N2.79

What will be my profit before commission if I decide to CICO @N3.00 ? E no reach N250k?



CAVEAT: I still own large units of Mbenefit bought at N3.08,and N4.45

Nice one! Especially in dis situation where we are not really sure if N3 would be the new resistance level or the tested support level. Anyway, with the strong bid today, the latter might be the case. Fingers crossed though!

[londoncool]

I have offloaded some Mbenefit @ N3.05 today. Lets see if that would push the price up again tomorrow for another off-loading.

[frankiriri]

I have offloaded some Mbenefit @ N3.05 today. Lets see if that would push the price up again tomorrow for another off-loading.

You offloaded and you are expecting prices to rise

[londoncool]

Quote from: londoncool on July 30, 2008, 04:55:08 PM
I have offloaded some Mbenefit @ N3.05 today. Lets see if that would push the price up again tomorrow for another off-loading.

You offloaded and you are expecting prices to rise

Thats what I just did, price went up

[beginner]

Londoncool and kalokalo

Anything to chop this week. Diamond and mutual benefit have delivered, although only sold tiny of diamond cause I am expecting their results/bonus (no disappointments i hope). Whats next? Your sister don get long throat.

[Ess]

I beg what sayeth u guys on Bank PHB? seems to be heading somewhere.

[frankiriri]

Quote from: londoncool on July 30, 2008, 04:55:08 PM
I have offloaded some Mbenefit @ N3.05 today. Lets see if that would push the price up again tomorrow for another off-loading.

You offloaded and you are expecting prices to rise

Thats what I just did, price went up

oK OHHHHHHHHHH

[londoncool]

Londoncool and kalokalo

Anything to chop this week. Diamond and mutual benefit have delivered, although only sold tiny of diamond cause I am expecting their results/bonus (no disappointments i hope). Whats next? Your sister don get long throat.

@beginner,

I am still trying to scavage through some trends to be sure of any breakway movements.FO2 did recommend UAC property,I already have it but didnt cycle out during the previous mini-Bull run.

[Iwerebor]

I beg what sayeth u guys on Bank PHB? seems to be heading somewhere.

PHB is under shelling.
It is being pulled by both side of the law of demand and supply.Even in it's small daily losses, maximum demand is reflected in it's intra day highs.
Demand will win out...hopefully next week.

[beginner]

Londoncool and kalokalo

Anything to chop this week. Diamond and mutual benefit have delivered, although only sold tiny of diamond cause I am expecting their results/bonus (no disappointments i hope). Whats next? Your sister don get long throat.

@beginner,

I am still trying to scavage through some trends to be sure of any breakway movements.FO2 did recommend UAC property,I already have it but didnt cycle out during the previous mini-Bull run.

We dey wait my brother

[hama]

Chei, no more CICO gist again. 
There's got to be a quick-win 

[Pumping]

Chei, no more CICO gist again. 
There's got to be a quick-win 

Cico jist dey jare.....let's get our cheque books ready....the market is finally looking cicolistic again in this 4th cycle.....

[hama]

Chei, no more CICO gist again. 
There's got to be a quick-win 

Cico jist dey jare.....let's get our cheque books ready....the market is finally looking cicolistic again in this 4th cycle.....

So when should we start buying. Wait till next week? (with ref to what you were saying on the other thread about wed, Thur next week)
Having itchy fingers right now. 

[Pumping]

Chei, no more CICO gist again. 
There's got to be a quick-win 

Cico jist dey jare.....let's get our cheque books ready....the market is finally looking cicolistic again in this 4th cycle.....

So when should we start buying. Wait till next week? (with ref to what you were saying on the other thread about wed, Thur next week)
Having itchy fingers right now. 

I am inclined to hold on till next week....at least Monday...even if a recovery starts tomorrow or Friday, some stocks will be slow to join the party....and these can still be my targets.....looking at the previous lows, I just feel some stocks have not dropped well enough...

[kalokalo]

Chei, no more CICO gist again. 
There's got to be a quick-win 

Cico jist dey jare.....let's get our cheque books ready....the market is finally looking cicolistic again in this 4th cycle.....

So when should we start buying. Wait till next week? (with ref to what you were saying on the other thread about wed, Thur next week)
Having itchy fingers right now. 

I am inclined to hold on till next week....at least Monday...even if a recovery starts tomorrow or Friday, some stocks will be slow to join the party....and these can still be my targets.....looking at the previous lows, I just feel some stocks have not dropped well enough...

Hmm! Cicoing get k-leg for now! Me i dey holiday mode! The market na real 'o ga ju' for now _{as pumping would say} with tested support levels becoming the new resistance levels etc. The market is not even range-bounding any more, huh? Anyway, i seriously believe rebound is just round the corner. To have an inkling of what would happen towards the end of the month, look at the charts for the last two months.

My peeps, 'baby steps' kinda buying towards the end of the week, if you have the liver. 

[kalokalo]

Na wa o! See as CICO full for grandground _{as FO2 would say}. Killer Stocks like -  Lasaco, UNIC, CONTINSURE & NEM (< N2); DSR; GTB (<N20); CONOIL (<N80); UBA, BankPHB, I tire o! 

[kalokalo]

With the artificial propping up of the market by regulators/govt, it's firing time with all guns blazing! No rush to CICO out or ejaculate prematurely esp with the 1% maximum downward limit on daily price movement.  Just CI and chill for now till momentum starts relapsing

[kalokalo]

Men! The 1% max downward limt has taken the fun out of cicoing for now! The swinging of momentum is kinda slow and painful! It's like watching wet paint dry, not to talk of the unattractive replacement cost (with 4.9% cumulative weekly max loss b4 factoring in the transaction costs, na wa o!). Anyway, let's see how next week pans out, time to recalibrate one's strategy/trading plan might be beckoning. In the meantime, it's still CI & CHILL!!

[debenzd]

@kalokalo,

It definitely is getting sour for CICO. But I think the timeframe would look like 1-3mths instead of a week.

[kalokalo]

@kalokalo,

It definitely is getting sour for CICO. But I think the timeframe would look like 1-3mths instead of a week.

Yes o! The turnaround is alarmingly being stretched now! A case of clear & looming danger for Formula 1/Fast Lane CICOers, naw meen?

BTW, got ur PM. Guess it's elapsed now, huh?

[kalokalo]

Still in a siddon mode, patiently waiting for the downwards slow motion of price movement to play itself out, hopefully this week!

[kalokalo]

Na wa o! Are we there yet! 

Anyway, expect some wild times as we approach the last trading week of sept re. month/Q3 end window dressing & reporting.

[hama]

where is kalokalo oooooooo!!!! Its been over 2months since we heard from you here.
Are the rumours true? That your machine broke?

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