BullBearMkt:

...oil not smiling at the moment, Brent kissing $70 or below soon

interesting week ahead for oil with d Russia - Saudi romance ahead of OPEC meeting

fxuser:


interesting week ahead for oil with d Russia - Saudi romance ahead of OPEC meeting

The Russians offended the Saudis on the pitch.....

IchimokuPilot:


The Russians offended the Saudis on the pitch.....

https://www.proshareng.com/news/Corporate%20Earnings/Oando-Proposes-1-for-2-bonus-and-N3.00-dividend/10145
Is the above still possible?

Mpeace:
https://www.proshareng.com/news/Corporate%20Earnings/Oando-Proposes-1-for-2-bonus-and-N3.00-dividend/10145
Is the above still possible?

What year is this?Maybe after proper consolidation and good corporate governance.

gbengus50:

What year is this?Maybe after proper consolidation and good corporate governance.

Very old.

Mpeace:
https://www.proshareng.com/news/Corporate%20Earnings/Oando-Proposes-1-for-2-bonus-and-N3.00-dividend/10145
Is the above still possible?

People want to offload Oando and removing the dates from old new flashes.

Eku ise.

fxuser:


interesting week ahead for oil with d Russia - Saudi romance ahead of OPEC meeting

It was natural for them to increase production when oil price was seen inching up.

And that is the result.

locodemy:


If she failed to sell last week I told her to do the needful,there is no point of selling again.
Everyone should start looking for fresh fund for a new beginning.

3 STOCKS ARE CURRENTLY STOCKED AT LOCO'S PORTFOLIO AND HE IS CURRENTLY SEARCHING FOR A NEW FUND FOR FRESH MARKET WHILE HIS TWO EYES ARE CLOSED FOR THE OLD STOCKS.

This is serious

[quote author=Mpeace post=68581811]https://www.proshareng.com/news/Corporate%20Earnings/Oando-Proposes-1-for-2-bonus-and-N3.00-dividend/10145
My oga when was the last time Oando share price touched #10.40. The news said the share closing price was 100+.
BTW it also said Oando just released their year end result.

In a release sent to the Nigerian Stock Exchange (NSE), Seplat petroleum Plc notified the exchange and the investing community that one of its non-executive directors had sold some of his shares. Companies by law are expected to notify the exchange when directors trade in the shares of a company.

The director, Macaulay Agbada Ofurhie, sold 900,000 shares at N711 per share thus netting N639 million. The shares were sold on Monday the 11th of June 2018. His current holdings now stand at 4,001,611 shares. Ofurhie is one of the billionaire investors in listed companies operating in the Nigerian oil and gas space.

Still a billionaire

Ofurhe remains a billionaire despite the sale. As at our cut off date of April 6, 2018, he was worth N3.2 billion. Using Friday’s closing share price of N754.90, Ofurhie is now worth N3.0 billion, down 6.25%. The minute difference despite the volume of shares sold is largely due to the increase in Seplat’s share price. Seplat has gone up 13.5% from our April cut off date, buoyed by the rise in global crude oil prices. Other billionaires on the Seplat board include chairman, A.B.C. Orjiako and Chief Executive Officer, Austin Avuru.

Recent share awards

Avuru and the Chief Financial Officer (CFO), Roger Brown were recently granted shares under the company’s Long Term Incentive Plan (LTIP), Avuru received 138,157 shares while Brown was awarded 55,673 shares. The two staff alongside operations director, Effiong Okon will receive a total of 2.1 million shares in 2021, subject to meeting set targets.

Macaulay Agbada Ofurhie graduated with a B.Sc. Honours in Geology from the University of Ibadan in 1971. Mr. Ofurhie spent 34 years at the Nigerian National Petroleum Corporation (NNPC). During his active service, he was Managing Director of Nigerian Petroleum Development Company (NPDC) and Nigeria Gas Company (NGC) both subsidiaries of NNPC. Prior to his retirement, he was a director at the Department of Petroleum Resources (DPR).

He has been a Non-Executive Director of Seplat Petroleum Development Company Plc since December, 2009. Seplat Petroleum Development Company Plc was incorporated on 17 June 2009 as a private limited liability company and commenced operations on 1 August 2010.

Seplat was re-registered as a public company on 3 October 2014. The Company is principally engaged in oil and gas exploration and production. Seplat is also listed on the London Stock Exchange (LSE).

Results for the first quarter ended March, 2018, show revenue increased from N14.4 billion in 2017 to N55.2 billion in 2018. The firm made a profit before tax of N17.9 billion in 2018 as against a loss of N5.6 billion in 2017. Profit after tax stood at N6.2 billion as against a N5.8 billion loss made in the corresponding period of 2017. Seplat shares closed at N754.90 on Thursday’s trading session, down 1.83%. Year-to-date the shares are up 20.55%.

https://trwstockbrokers./2018/06/17/this-billionaire-just-cashed-a-fat-cheque-is-this-an-insider-selling-warning/

PA Emma and Sir Wanajo dey work Orjiako and Coy dey chop.

This life self

Happy Easter Monday

Agbalowomeri:
Happy Easter Monday

Hope oga mi hasn't taken wrong beer this morning?

phemmie06:
Hope oga mi hasn't taken wrong beer this morning?

Why ask this question? Cant you see him on the floor?

Good day all and happy holiday.

@fxuser, what does it mean when on the monthly chart, all the MAs of a stock(5,10,20,50,100,200) are green but on the hourly, daily and weekly chart, they are all red and say sell.

Nigeria’s Foreign Reserves Gain $202m in 4 Days to Hit $47.6b
https://www.businesspost.ng/2018/06/18/nigerias-foreign-reserves-gain-202m-in-4-days-to-hit-47-6b/

Prestige Assurance Clears Accumulated Losses, to Pay Dividend
https://www.businesspost.ng/2018/06/18/prestige-assurance-clears-accumulated-losses-to-pay-dividend/

FMDQ Introduces Settlement Platform for Fixed Income Market
https://www.businesspost.ng/2018/06/18/fmdq-introduces-settlement-platform-for-fixed-income-market/

Report Identifies Nigerian Stock Market for Capital Raising in 2018
https://www.businesspost.ng/2018/06/15/report-identifies-nigerian-stock-market-for-capital-raising-in-2018/

Oops!!!

PETERiCHY:
PA Emma and Sir Wanajo dey work Orjiako and Coy dey chop.
This life self

I no talk anything. Na my Ogas-on-top you transmit their names here.

phemmie06:
Hope oga mi hasn't taken wrong beer this morning?

dipoolowoo:
Nigeria’s Foreign Reserves Gain $202m in 4 Days to Hit $47.6b
https://www.businesspost.ng/2018/06/18/nigerias-foreign-reserves-gain-202m-in-4-days-to-hit-47-6b/

Prestige Assurance Clears Accumulated Losses, to Pay Dividend
https://www.businesspost.ng/2018/06/18/prestige-assurance-clears-accumulated-losses-to-pay-dividend/

FMDQ Introduces Settlement Platform for Fixed Income Market
https://www.businesspost.ng/2018/06/18/fmdq-introduces-settlement-platform-for-fixed-income-market/

Report Identifies Nigerian Stock Market for Capital Raising in 2018
https://www.businesspost.ng/2018/06/15/report-identifies-nigerian-stock-market-for-capital-raising-in-2018/

FMDQ is way more busy than SEC ! MTN shud do quick

debenzd:
Good day all and happy holiday.

@fxuser, what does it mean when on the monthly chart, all the MAs of a stock(5,10,20,50,100,200) are green but on the hourly, daily and weekly chart, they are all red and say sell.

fxuser:

Oga answer the jamb kweson o

Quick look at Euro bond (USD) Yield

Accessbank II +10.28%
FBN +9.6%
Ecobank +9.98%
Zenith/UBA/GTbank < +7%


in other news
Libor is almost 2%
dollar debt can become balance sheet wahala if rates keep rising

#RandomChecks

Agbalowomeri:


Oga answer the jamb kweson o

the question no get answer ,
i never see green or red MA before nah ,
Agba epp out

fxuser:
Quick look at Euro bond (USD) Yield

Accessbank II +10.28%
FBN +9.6%
Ecobank +9.98%
Zenith/UBA/GTbank < +7%


in other news
Libor is almost 2%
dollar debt can become balance sheet wahala if rates keep rising

#RandomChecks

Fidelity nko?

It should be more than Access.

RabbiDoracle:


Fidelity nko?

It should be more than Access.

umm dat $400m one abi !
i no see am on fmdq quotes oh


https://www.fmdqotc.com/wp-content/uploads/2018/06/FMDQ-DQL-_-June-14-2018.pdf

RabbiDoracle:


Fidelity nko?

It should be more than Access.

for shizzle
twas the highest coupon rate at 10.5% ! juicy junk bond

fxuser:


for shizzle
twas the highest coupon rate at 10.5% ! juicy junk bond

Hw fr with diamond, lol

I just dey pity for MTN and those that’ll buy the IPO because the mindset of some people trading stock now ehn ? Hmmm if these people were around in the time of NESTLE i don’t think is will even get to 500 naira.
Too many hot blooded traders who just -1% will be feeling like they want to die..

Mpeace:
Hw fr with diamond, lol

Lol

fxuser:


the question no get answer ,
i never see green or red MA before nah ,
Agba epp out

This na your territory
Me na gut MA I sabi

#SinceEverythingAffectsNSE

Will the 0-2 loss in the Nigeria vs Croatia World Cup game affect the market tomorrow ?

Just wondering