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Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 3:33pm On Feb 20, 2018
leo1234:


Which stocks are you looking at?
I added more transcorp to my holding @ #2 today.
Just hope I bought the bottom. grin
You will never know or see the bottom during this kind bear, only the market know the bottom.
Remember, when the whole stock was flying, we keep hoping that the stocks has seen their top, but on daily bases, they kept on seen their new high.

Hope the MMM group has not use their ideology to visit NSE, to play on people intelligence and cash.
When the stock was moving, changing level, nobody no the reason of its rise, because there was no good news in the market then, every stocks kept on bid side on daily bases. If I may ask, what suddenly changed, that is now turning most of stocks backward? I think manipulators were at work.
cool
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 3:33pm On Feb 20, 2018
Chibuking81:
What is really happening in the market, see blood everywhere. What do we call this bear period?
Maybe CBN policy bear.

We have so far witnesses; Dow bear, Fall in crude oil bear, and after this CBN policy bear, then election bear will surface.

I think this is bound to have happened long ago. CBN policy might be fueling it the more but if it's about this policy alone, then FCMB shouldn't be losing as well.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 3:35pm On Feb 20, 2018
Chibuking81:

You will never know or see the bottom during this kind bear, only the market know the bottom.
Remember, when the whole stock was flying, we keep hoping that the stocks has seen their top, but on daily bases, they kept on seen their new high.

Hope the MMM group has not use their ideology the visit NSE, to play on people intelligence and cash.
When the stock was moving, changing gear, nobody no reason of its rise, because there was no good news in the market then, every stock kept on bid side on daily bases. If I ask, what suddenly change that now turn most of stock backward? I think manipulators were at work.

Are you just realizing this? Agba and his men were at work.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 3:44pm On Feb 20, 2018
mendes911:


I think this is bound to have happened long ago. CBN policy might be fueling it the more but if it's about this policy alone, then FCMB shouldn't be losing as well.
MMM Visitors at work, They have push most stocks far away from their fair price, and now gradually abandoning the vehicles for those looking for bottom out.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:46pm On Feb 20, 2018
Just got some Info that a Japanese and South African joint firm, SUMITOMO RUBBER, which distributes DUNLOP, FALKEN and SUMITOMO TYRES brand in over 48 African countries, has teamed up with TYRE EXPRESS NIGERIA to introduce DUNLOP STORES across the country. ...their 1st target store is for VI LAGOS.
Pahaps this was the reason for the busy trade in the shares of DUNLOP today.

NOTE: This Info is strictly for informational purpose only and should not be interpreted to mean any kind of recommendation.
...for I currently do not own any share in the coy DUNLOP NIGERIA.
DD always advised pls.

1 Like 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 3:48pm On Feb 20, 2018
Chibuking81:
What is really happening in the market, see blood everywhere. What do we call this bear period?
Maybe CBN policy bear.

We have so far witnesses; Dow bear, Fall in crude oil bear, and after this CBN policy bear, then election bear will surface.


Nothing is really happening.
Those yo-yo stocks that were running at full speed during the bull need to shed some weight.
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:49pm On Feb 20, 2018
maishai:
what is happening o!!!!!!!!!!!!!!!!! Blood every where
were is the blood?
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:51pm On Feb 20, 2018
leo1234:


Which stocks are you looking at?
I added more transcorp to my holding @ #2 today.
Just hope I bought the bottom. grin
If you have change buy livestock feeds .
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 3:51pm On Feb 20, 2018
ihedioramma:
were is the blood?


A bi o
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 3:54pm On Feb 20, 2018
onegentleguy:
Just got some Info that a Japanese and South African joint firm, SUMITOMO RUBBER, which distributes DUNLOP, FALKEN and SUMITOMO TYRES brand in over 48 African countries, has teamed up with TYRE EXPRESS NIGERIA to introduce DUNLOP STORES across the country. ...their 1st target store is for VI LAGOS.
Pahaps this was the reason for the busy trade in the shares of DUNLOP today.

NOTE: This Info is strictly for informational purpose and should not be interpreted to mean any kind of recommendation.
...for I currently do not own any share in the coy DUNLOP NIGERIA.
DD always advised pls.

These are MMM monkey hunters, over the years, Dunlop parks on 50 kobo life supporting machine, just as NSE came up with enforcement of their 1 kobo policy, and the life supporting machine was removed, many bailed out from their two years car park detention.

If the like let them come from the moon, many will not join them.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:55pm On Feb 20, 2018
[quote author=NCO123 post=65226964]https://thenigerialawyer.com/n3-1bn-subsidy-fraud-how-eterna-oil-md-others-forged-30-documents-to-defraud-fg-witness
N3.1bn Subsidy Fraud: How Eterna Oil MD, others forged 30 documents to defraud FG- WitnessByUnini Chioma-Nov 27, 20170Arisekola's son trial on subsidy[Photo Credit:Whats up IbadanShareTweetA prosecution witness, Abdul-rasheed Bawa, has told Justice Hakeem Oshodi of the Lagos State High Court in Ikeja, Lagos, how Mahmud Tukur, Abdullahi Alao and Ochonoghor Alex and their companies, Eterna Plc and Axenergy defrauded the Federal Government of the sum of N3,121,393,098.The witness, an investigator with the Economic and Financial Crimes Commission (EFCC), in his testimony, told court how the accused had forged over 30 documents and submitted same to the Petroleum Products Pricing Regulatory Agency, PPPRA, to fraudulently obtain the subsidy for importation of PMS in 2011.Led in evidence by the prosecution counsel, .Nonsense news, am not telling you dear .
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:57pm On Feb 20, 2018
pluto09:


A bi o
Yes, can't they see green
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:57pm On Feb 20, 2018
Actually many things are going good for FMN

1. Stability of Forex and accessibility

2. Down trend in the price of wheat

3, Quarter to quarter growth of EPS

4. Reduction of debts in normal course of operation.

5. Well diversified company

6. Best company in payment of dividend

7. Peer review suggests that, number one could not be left behind.

strategy in case of unexpected

Average Down
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 3:58pm On Feb 20, 2018
fxuser:
GTB

- last 3 weekly candles getting smaller (less volatility), support above 45 looks decent
- we need dis chief mkt leader to do well to pave way for others esp in d bnk index


DangCem
- testing below N250 ! ! #smh
- Alhaji's baby is just toying with the index up and dan lollx

Hope this GTB support will hold oooo, picked up some decent units at 45.60
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:02pm On Feb 20, 2018
Willie2015:


Hope this GTB support will hold oooo, picked up some decent units at 45.60

You get mind o . Okay it is good to hunt dividend thingz grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 4:03pm On Feb 20, 2018
FMN has a lot of passengers, many are doing monkey hunt for the company. Their upward movement may not be now, because they still have months for the declaration of their result, may be then if election bear did not surface.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:07pm On Feb 20, 2018
One Oga don talk am here since say some people like chasing #2 dividend to lose #10. The thing go turn to long term. GTB na good stock.
sellydion:


You get mind o . Okay it is good to hunt dividend thingz grin
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:08pm On Feb 20, 2018
Dem go update wen dem don offload finish
DOLLARTEX:
mr yok,jor has msci started offloading?i no understand again o!update please!
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 4:09pm On Feb 20, 2018
I also got an unconfirmed Info that DIAMOND BANK is in the process of spinning off yet another of its asset outside Nigeria.
...this, in line with part of the banks restructuring plan to boost their CAR.
Following from the 1st 97.7% equity divestment from its West African arm to Manzi Finances SA for €61M, the bank plans to also divest from its UK arm DIAMOND BANK UK which is presently valued at over N7.9 billion.

Disclosure: Onegentleguy currently holds a Minot vol of shares in DIAMOND BANK.

NOTE: This is also for informational purpose only and never a recommendation to buy, sell or hold.
DD always advised pls.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:10pm On Feb 20, 2018
Africa Prudential to hit the market tomorrow. dividend in the region of 55k expected.
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:11pm On Feb 20, 2018
If this is true. I think one has to be very careful with this bank.
onegentleguy:
I also got an unconfirmed Info that DIAMOND BANK is in the process of spinning off yet another of its asset outside Nigeria.
...this, in line with part of the banks restructuring plan to boost their CAR.
Following from the 1st 97.7% equity divestment from its South African arm to Manzi Finances SA for €61M, the bank plans to divest from its UK arm DIAMOND BANK UK which is presently valued at over N7.9 billion.

Disclosure: Onegentleguy currently holds a Minot vol of shares in DIAMOND BANK.

NOTE: This is also for informational purpose, and never a recommendation to buy, sell or hold.
DD always advised pls.
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:17pm On Feb 20, 2018
Chibuking81:
FMN has a lot of passengers, many are doing monkey hunt for the company. Their upward movement may not be now, because they still have months for the declaration of their result, may be then if election bear did not surface.

Many passengers with almost sure bet.

DF

HF

FMN naa Baba . DD
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 4:17pm On Feb 20, 2018
rebekah2011:
If this is true. I think one has to be very careful with this bank.

No my dear. ...on the contrary, its time to invest in the bank.
...Just try and do ur homework well. wink cheesy grin

DD always advised pls.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 4:19pm On Feb 20, 2018
samzepaparazi:
At this price of 2.55 diamond bank has potential of returning 15% if it gets to 3.0
12% @2.90

I need advice. Do you think its a good entry point or will the stock still drop in your opinion
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 4:19pm On Feb 20, 2018
onegentleguy:
Just got some Info that a Japanese and South African joint firm, SUMITOMO RUBBER, which distributes DUNLOP, FALKEN and SUMITOMO TYRES brand in over 48 African countries, has teamed up with TYRE EXPRESS NIGERIA to introduce DUNLOP STORES across the country. ...their 1st target store is for VI LAGOS.
Pahaps this was the reason for the busy trade in the shares of DUNLOP today.

NOTE: This Info is strictly for informational purpose only and should not be interpreted to mean any kind of recommendation.
...for I currently do not own any share in the coy DUNLOP NIGERIA.
DD always advised pls.


The store in VI is already open at Akin Adesola Street.
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 4:19pm On Feb 20, 2018
rebekah2011:
Africa Prudential to hit the market tomorrow. dividend in the region of 55k expected.

It has to be till after the Board meeting slated for Thursday.
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 4:20pm On Feb 20, 2018
onegentleguy:
Just got some Info that a Japanese and South African joint firm, SUMITOMO RUBBER, which distributes DUNLOP, FALKEN and SUMITOMO TYRES brand in over 48 African countries, has teamed up with TYRE EXPRESS NIGERIA to introduce DUNLOP STORES across the country. ...their 1st target store is for VI LAGOS.
Pahaps this was the reason for the busy trade in the shares of DUNLOP today.

NOTE: This Info is strictly for informational purpose only and should not be interpreted to mean any kind of recommendation.
...for I currently do not own any share in the coy DUNLOP NIGERIA.
DD always advised pls.


The store in VI is already open at Akin Adesola Street.
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 4:22pm On Feb 20, 2018
onegentleguy:
Just got some Info that a Japanese and South African joint firm, SUMITOMO RUBBER, which distributes DUNLOP, FALKEN and SUMITOMO TYRES brand in over 48 African countries, has teamed up with TYRE EXPRESS NIGERIA to introduce DUNLOP STORES across the country. ...their 1st target store is for VI LAGOS.
Pahaps this was the reason for the busy trade in the shares of DUNLOP today.

NOTE: This Info is strictly for informational purpose only and should not be interpreted to mean any kind of recommendation.
...for I currently do not own any share in the coy DUNLOP NIGERIA.
DD always advised pls.

I like this your new ministry (information). I will keep an eye on Dunlop tomorrow. I will not allow what happens today in Japaul to happen in Dunlop.
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 4:23pm On Feb 20, 2018
samzepaparazi:
At this price of 2.55 diamond bank has potential of returning 15% if it gets to 3.0
12% @2.90

I need advice. Do you think its a good entry point or will the stock still drop in your opinion

Keep watching the market...

If a stock has recorded lower closing price for about 10 consecutive dates, why don't you wait till it stops dropping? That is, if you must invest in it. A stock that sold at N2.90 is not necessarily a better stock at N2.50k.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:27pm On Feb 20, 2018
TLAX:


The store in VI is already open at Akin Adesola Street.

Sumitomo Rubber South Africa(PTY) Limited (SRSA) in partnership with Tyre Express Nigeria Limited has opened a Dunlop Zone store in Victoria Island, Lagos. The opening of the store will help them in the expansion strategy which sees them focusing on key African countries with great growth potential and expanding markets. “In Nigeria, SRSA has already opened four stores in Lagos, through our partnerships with our distributor. With the city’s population estimated at 21 million, this store is strategically located to service a range of customer needs including and not limited to ancillary services such as balancing, alignment, brakes, batteries, shock absorbers, exhausts and tow bars”. Through market engagements based on SRSA’s success in various distribution channels, they have introduced the Tyre Retail model to the African continent which is a maturing industry with growing potential. This new world class retail centres will aim to offer a different experience to the customer, with high levels of service, comfortable lounges, free Wi-Fi zone and more. “Our aim and vision is to change the experience of buying tyres in Nigeria”, said Govind Ram, Director of Tyres Express Nigeria. “We are taking a long-term investment approach to this partnership, and have therefore made sure that we do not cut any corners. The Tyre Express we are opening in partnership with SRSA is of global standards and I am confident that it would stand high against any others in the world”, said Jaber Abbas, MD of Tyres Express Nigeria. Riaz Haffejee CEO of Sumitomo said “It is our vision and aim to enhance the safety for all road users, and reduce the risk of accidents and loss of lives on the road. Motorists must be given readily-accessible choice of high quality new tyres at affordable prices to ensure the right product, is on the right vehicle and fits the right terrain.”

Read more at: https://www.vanguardngr.com/2017/10/dunlop-expands-nigerian-business/
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 4:28pm On Feb 20, 2018
kolaish:
I like this your new ministry (information). I will keep an eye on Dunlop tomorrow. I will not allow what happens today in Japaul to happen in Dunlop.

Look before you leap....

You may be investing in a shell company. The original Dunlop is dead and buried. All known assets including its Head Office in Oba Akran and its factories have been seized by Banks through the court of law. They made attempt to shift production of tyres to Ghana but i am sure that did not work out well.

They had a public offer a few years ago and there is no result on how that went. Again, typical case of bad policy affecting coys. They invested a huge sum of money building a new facility after the ban on importation of tyres and as soon as they were done, the ban on new and second tyre importation was lifted by the government of the day.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 4:28pm On Feb 20, 2018
Nigerian Pension Funds Post 16.37% Gains in 2017—Report
**As APT RSA Pension Fund Leads Peers Again
https://www.businesspost.ng/2018/02/20/nigerian-pension-funds-post-16-37-gains-2017-report/

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