lafencer:
@fxuser, big volumes on okomu and presco of late. any hints?

There is a boom in Oil palm production in Nigeria.

Heard PZ just joined Okomo and Presco

stock with new 52 week highs
contisure #1.22k
no stock with new 52 week lows

OBAGADAFFI:

There is a boom in Oil palm production in Nigeria.
Heard PZ just joined Okomo and Presco

Hmmm OBAGADAFFI you sure say you just hear

Intendy:


Hmmm OBAGADAFFI you sure say you just hear

Why na.

Godisfaithful:
To NSEMPAs' family, Brace yourself up...Cash time! Get prepare. And don't forget to pray for our dear country, Nigeria! Please this is not an attempt for scary moment or situations...just a tip!

All the best!!!

My oga, abeg clarify the more!
+I've or -ive ??

I recieved an email from morgan about stock recommendation ..okomuoil and presco. and lot more..am scared abi na this people do oga loco the same thing last time ?

Tritri:
I recieved an email from morgan about stock recommendation ..okomuoil and presco. and lot more..am scared abi na this people do oga loco the same thing last time ?

@angelo82

Am with you on this FO. But am 10% negative and it affecting me...am losing hope...how about you?

Tritri:
@angelo82

Am with you on this FO. But am 10% negative and it affecting me...am losing hope...how about you?

Every stock has the time to move but I believe Oil stocks will start to move soon.I am in FO and also in Mobil and Total.I think you should calm your nerve and wait for the result.

http://dailypost.ng/2017/01/20/federal-state-local-governments-share-n400bn-january/

Federal, State, Local governments share N400bn for JanuaryBy Wale Odunsi on January 20, 2017@dailypostngr
Federation Account Allocation Committee (FAAC) on Friday shared N400 billion among the three tiers of government.

The figure is N13.1 billion more than what they shared as revenue in December.


The Minister of Finance, Mrs Kemi Adeosun, at the monthly FAAC meeting said the N400 billion was distributed under four distributable sub-heads.

They are: statutory allocation, where the sum of N224.88 billion was allocated, Value Added Tax N79.27 billion, exchange gain N52.84 billion, and excess Petroleum Profit Tax N42.99 billion.

“After deducting cost of collections to the revenue generating agencies, the Federal Government got N105.76 billion, states N53.64 billion, and local government councils, N41.35 billion.”

In addition, she said the sum of N15.5 billion was given to the oil producing states, based on the 13 per cent derivation principle.


For VAT allocation, Adeosun said the Federal Government received N11.4 billion, states N38 billion, while Local Government Councils got N26.63 billion.

Adeosun said that the Federation generated N145.6 billion as Mineral Revenue and N103.1 billion as non-Mineral revenue, while the excess crude account is 2.45 billion dollars.

Adeosun said that the force majure Forcados, Qua Iboe and Brass terminals was still impacting negatively on revenue generation.

Speaking, the Chairman, Forum of Finance Commissioners in Nigeria, Mr Mahmoud Yunusa, said that states were determined to keep improving their internally generated revenue.


“Low federation revenue has become a blessing in disguise to us. Initially almost all the states relied heavily on FAAC.

“But now, because the money is no longer there, it has forced us to look inwards at the opportunities and potentials in our respective states and beginning to explore them.

“We had to look at cutting cost in running governance and blocking all revenue leakages,’’ he said

angelo82:


Every stock has the time to move but I believe Oil stocks will start to move soon.I am in FO and also in Mobil and Total.I think you should calm your nerve and wait for the result.

Do you average down on FO?

Tritri:
I recieved an email from morgan about stock recommendation ..okomuoil and presco. and lot more..am scared abi na this people do oga loco the same thing last time ?

The two na good stocks to buy.........my broker did not commit evil only that they should have bought sterling bank for me at 0.73 when my money was ready in their hand but they bidded it so high to exit their's on me.

locodemy:


The two na good stocks to buy.........my broker did not commit evil only that they should have bought sterling bank for me at 0.73 when my money was ready in their hand[b] but they bidded it so high to exit their's on me[/b][color=#990000][/color].

My brother, what is more satanic than this?

OBAGADAFFI:

Why na.

enjoy your weekend bros

locodemy:


The two na good stocks to buy.........my broker did not commit evil only that they should have bought sterling bank for me at 0.73 when my money was ready in their hand but they bidded it so high to exit their's on me.

Seems this is the norm for most if not all stockbrokers. They prey on clients to enrich themselves. Dumping stocks at higher price on clients and claiming they are doing you a favor or acting in your interest. SEC needs to know of this obnoxious practice by brokers. I am yet to recover from the same experience handed to me by a broker about 2yrs ago

OBAGADAFFI:


There is a boom in Oil palm production in Nigeria.

Heard PZ just joined Okomo and Presco

some serz cross deals this past week !

UBA
- weekly chart still bullish , RSI breaking out higher

Zenith vs GTbank
- zenith weekly chart has a better set up , RSI breaking higher
- further break out expected


Dis:
Added to portfolio

Access
- rsi still +ve
- N7 test ongoing , its minor pull back !
- 3 doji's in a row
- N7 was the prev high in 2015 before the down trend
- its a long term resistance line , a break above wont be bad

fxuser:


some serz cross deals this past week !

That why I think PZ is very attractive at the current price

Intendy:


enjoy your weekend bros

Thanks

My brother bought shares from nestle since 2007. and travelled out of the country. How can he retrive the information?

Kingingdave:
My brother bought shares from nestle since 2007. and travelled out of the country. How can he retrive the information?

Visit the registrars.

Nestle use GTL registrar's.

No 2, Burma Road
Apapa
PMB 12717 Apapa
Lagos.
Tel: +234-(0)1-2917747, +234-(0)1-2793160-2
Email: info@gtlregistrars.com
Website: www.gtlregistrars.com

OBAGADAFFI:


That why I think PZ is very attractive at the current price

Sir did you see their last result? wouldnt go near PZ for now

Oil cut on course.
http://www.opec.org/opec_web/en/press_room/4062.htm

Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market.

U.S. energy companies last week added the most rigs drilling for new production in almost four years. Drillers added 29 rigs in the week to Jan. 20, bringing the total count up to 551, the most since November 2015, energy services firm Baker Hughes said on Friday.

http://uk.mobile.reuters.com/article/idUKKBN15701O?utm_campaign=trueAnthem:+Trending+Content&utm_content=58858eff04d3017243b78d1d&utm_medium=trueAnthem&utm_source=facebook

Its board meeting Week . .

WatchList:
big 4 banks for momentum or support

ONE LOVE, .Currency retailers and experts have
said the naira will trade slightly below
500 per United States dollar this
week despite the commencement of
the sale of foreign exchange to
Bureau De Change operators by the Central Bank of Nigeria last week. The CBN had through the
International Money Transfer
Organisations resumed the sale of
dollars to BDCs on Thursday, after
stopping it for almost a month due to
the Yuletide holiday. Travelex, one of the IMTOs in the
country, sold about $20m to 2,500
BDCs with each getting $8,000, the
President, Association of Bureau De
Change Operators, Alhaji Aminu
Gwadabe, said. According to a Reuters report, the
naira is seen unchanged on the
parallel and official forex markets in
the coming days even as the IMTOs
continue the sale of dollars to the
BDCs this week, boosting greenback liquidity. The naira was quoted at 498/ dollar
at the parallel market on Friday, down
from 497 on Thursday. It traded flat
at 497/dollar between Monday and
Wednesday .

Brent Crude 55.46 ▼ -0.03 -0.05% 1/23/2017

fxuser:

Its board meeting Week . .

WatchList:
big 4 banks for momentum or support

This post just confirmed that u are @ogus on twitter!u twitted exactly thesame words on twitter moment ago!nice analysis.i want to be like you when i grow up.

DOLLARTEX:
This post just confirmed that u are @ogus on twitter!u twitted exactly thesame words on twitter moment ago!nice analysis.i want to be like you when i grow up.

Yhhup.
a blessed and fruitful week ahead.

Okumu & Presco
- some notable cross deals
- chart looking +ve
- presco has a neater set up for further upside (rsi and macd sloping upwards)
- both trading above 200dma
- palm oil can't complain

dis:
not liquid enuf for my criteria