.

Why all these forex talk on here start your own thread, if your manking money why advertise?

Dis Guy:

Why all these forex talk on here start your own thread, if your manking money why advertise?

It's cos they're all opportunistic scammers,looking for dissillusioned investors to scam.
Na who no shine im eye dem go wack

BTW,when are we gonna see an end to this ding dong between the bulls and the bears.
Havent the bears done enough damage already to give the market some breathing space in the spirit of the jubilee celebrations

unfortunately the FG is not doing much with regards to the NSE, they seem to be waiting for the boom period to make any sort of appearance or pronunciation, they are leaving the cleansing to the SEC and CBN

someone needs to bring the red flag out so the bulls can charge!!

NSE Suspends more Insurance Companies

October 5, 2010

The Management of the Nigerian Stock Exchange has, this morning, placed the following companies on technical suspension for failure to submit their Audited Accounts for the year ended, December 31, 2009.
·        Great Nigeria Insurance Plc
·         Guinea Insurance Plc
·         Intercontinental Wapic Insurance Plc
·         Investment and Allied Insurance Plc
·         Niger Insurance Plc
·         UNIC Insurance Plc
·         Universal Insurance Plc
·         Standard Alliance Insurance Plc
·         Crusader Nigeria Plc
·         International Energy Insurance Plc
·         Staco Insurance Plc
·         Royal Exchange Plc



Nigeria Wire and Cable and Union Diagnostics have had their suspensions removed today


http://www.proshareng.com/news/12201

jamace:

NSE Suspends more Insurance Companies

October 5, 2010

The Management of the Nigerian Stock Exchange has, this morning, placed the following companies on technical suspension for failure to submit their Audited Accounts for the year ended, December 31, 2009.

·         Universal Insurance Plc

Ha!, i have close to 30,000 units with this company

^^^
My broda,just leff dat mata make I no go remember my own

^^^ok

the market rallied this week, then profit taking

the market rallied this week, then profit taking

The market is just oscilating like a pendulum.

fundamentals are still shaky

Buffett Goes Reinsurance Bottom-Fishing

October 19, 2010 by HESTER PLUMRIDGE

When Warren Buffett writes a check, the world peers over his shoulder. The veteran investor's decision to raise his stake in Munich Re, the world's largest reinsurer, from 3% to more than 10%, is a case in point. The reinsurance industry may be challenged by soft pricing and low investment income, but it's rarely looked so cheap. Even if catalysts for a re-rating look thin on the ground, Mr. Buffett can afford to take the long-term view.

Reinsurers face some chilling winter winds. Low bond yields and cash returns have slashed investment income; the stock market is spooked by regulatory uncertainty. After 2009's equity market recovery and low incidence of natural disasters, the industry was left with excess capital, which losses from Chile's earthquake and the Deepwater Horizon oil spill haven't dented. Overcapacity is depressing prices. Even in flood-ravaged Poland, insurers think they can stave off reinsurance premium increases next year.

But longer-term dynamics look more favorable. A big disaster on the scale of a 9/11 or a Hurricane Katrina could wipe out capital and weaken smaller players, as well as boosting pricing. Uncertainty over future regulation won't last forever. Valuations are already low. Reinsurers currently trade around tangible net asset value, and Munich Re at just 0.95 times, well below the sector's 1.2 times recent average.

Shareholders are also benefiting from strong balance sheets via dividends and buybacks. Munich Re yields a prospective 5.6% for 2010, estimates Credit Suisse, high relative to the market, and above closest peer Swiss Re. Munich Re's share buyback program, initiated May, targets a €1 billion ($1.4 billion) repurchase by April 2011. Strong cash generation suggests this could be extended next year, and dividends maintained or increased.

Mr. Buffett's interest in reinsurers is longstanding. Berkshire Hathaway acquired top 10 global firm General Re in 1998; in 2008 it took a 3% stake in Swiss Re. Munich Re investors will hope that, in Mr. Buffett's words, "time is the friend of the wonderful company". Mr. Buffett certainly seems to have faith.

http://www.proshareng.com/news/singlenews.php?id=12349

My people, I have a queshion. How can a BEAR beat a BULL for 2 consecutive years and the BULL can not fight back? Are we sure BULL still exist in this market so? Me, I done tire to wait o.

^^^^^


Maybe the bulls have all gone into politics? or maybe the bulls are currently under EFCC investigation?

Huh What am I seeing? Am I seeing improvement in price move on the NSE? Has the bull woken up?

Until oceanic gets to my buying price of #24.00 and aiico gets to #6.00, dunlop #6.00. Then i will say there is serious improvement. Rasputin, samstone, pumping,aktopgun,widy wendy et all where are thou?

Pls can som1 enlight me on how to open shares account n buying and selling shares and a stock brocker and how 2 bcom a share holder, pls help.

Pls can som1 enlight me on how to open shares account n buying and selling shares and a stock brocker and how 2 bcom a share holder, pls help.

You may read this thread:
https://www.nairaland.com/nigeria/topic-82565.0.html

@ NL,

Please the way Oceanic Bank has moved ( 120% ) in one Month !!!!! who knows what is driving it. Any info.

Even FBN with N32Bn PAT in Q3 is not moving that fast on the NSE

cadno:

@ NL,

Please the way Oceanic Bank has moved ( 120% ) in one Month !!!!! who knows what is driving it. Any info.

Even FBN with N32Bn PAT in Q3 is not moving that fast on the NSE

AMCON AMCON AMCON, read all about it, !!!

bad loans have been bought up at juicy price even

^^^^

Uhmmmm