fxuser:
Forte Oil
- full offer , no buyers .
- drops below N60

#nawa who Otedola offend ?

fxuser:


looks like a fake out !
bids dried up
we wud know by 2.29pm

fxuser:


bears no gree !
SP drops further
bargain hunters will be watching this very closely if there are any left sef

Mpeace:
Dear Zenith, you went below N10 last year and I did not take advantage. Even though you have had a good result, I still believe you can do it again. So come down to N9 let me end. That is all I ask.

Mpeace:
Dear Zenith, you went below N10 last year and I did not take advantage. Even though you have had a good result, I still believe you can do it again. So come down to N9 let me end. That is all I ask.

Willie2015:


Zenith is still coming down to that =N=9.00, patience is a virtue only few can practice it.

Mpeace:
Dear Zenith, you went below N10 last year and I did not take advantage. Even though you have had a good result, I still believe you can do it again. So come down to N9 let me end. That is all I ask.

mercylicious234:

There was no recession last year and it came to n9 , now there is recession ,asking for n5 is not bad...

Still want to buy fcmb at say 56k.

rebekah2011:


Some people wants to kill the insurance companies and the banks.

fxuser:


chai ! haba

mercylicious234:

Still want to buy fcmb at say 56k.

currentprice:


bad babe,,,,the stock wey someone don put all his saving and other stock proceeds on top..

anyway the stock is coming back below 1 nothing special about the bank

Born2berich:
From Atedo Peterside: I attended an economic outlook session with top economists and top CEOs today and thought to share some of the perspectives. The session looked at Nigeria's economic direction for 2017. The summary: 2017 will be tougher than 2016. The economy will not recover until 2018, even 2019. Inflation will continue to be high (hovering around 20%)and Naira to dollar will remain in the 450s. With money scarce many more businesses will fold up, leading to job losses and more poverty. With inflation and high exchange rate the banks will not be able to give loans and when they do the interest rate will be too high to afford. With high inflation those with paid salaries are now actually earning less, that is if they will be lucky to keep their jobs... The presentation shows that all sectors of the economy (not just oil) are either falling or already in recession (below zero). Signs are all over: British Airways just converted it's Nigerian office into an agency; almost all foreign airlines now fuel in Ghana; many people now smuggle crops and raw materials out to earn dollasrs; 75% of vacant houses in Ikoyi and VI don't have buyers; Shoprite that opened in Ajah in August is still 70% empty as dollars to bring in goods is scarce and customer count is poor; 5 other big supermarkets in Lagos have closed shop etc.
The experts' advice:
1. Cash is going to be King and whoever has it or has access to it should preserve it.
2. Spend less than you earn; SAVE for the rainy day.
3. Cut down on avoidable merriment.
4. Expect the worst Christmas in 20 years.
4. Look for dollar or pounds-earning businesses if you can.
This is a privileged info, I hope it's useful to you.

Good morning all

Thank you for this.

I guess this confirms that stock market slump will persist throughout 2017. It will be good to accumulate stock with disposable cash - stock of well-managed companies (not FO ) that are only challenged by the economic headwinds.

locodemy:


i know one day,i will become a major shareholder of fcmb........i will be mopping it till 50kobo.........even till 0.00001 kobo............my dividends will be speaking for me for the rest of my life.

godlyguy:
THE BIG SMART GUY IS FULLY BACK...

Intendy:


don't use good money to chase bad money.
but opinion differ bro.
enjoy yourself.

rebekah2011:
There is pre-market offer on Morgan Itrade now. But people will never learn sha. What is the 4 units, 35 units bid and sell I am seeing.

Chibuking81:

They might be enemy of progress that want Morgan to be suspended again.
It's high time Morgan capital monitor their itrade effectively.