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Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:57pm On Dec 08, 2015
grin grin grin grin grin The boys are out of this room and nse but the men keep on looking for the best stocks to enter so that they will not think of how or were to get school fees e.t.c next year .

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:58pm On Dec 08, 2015
Imagine stocks like zenith bank to be on fuuuuuul offer even to closing meaning the losses continues tomorrow.All is not well o.This thing is heavily affecting the rich kwa.Except fuel scarcity,poor people dont know what economy means.infact they are the ones surviving now...........traders and farmers.stock brokers,bankers,civil servants are finding it difficult but those that has part time biz has no problem to this.

As an igbo man,i think biz is good as long as life is concern because in days like these, you have something to fall back
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 4:19pm On Dec 08, 2015
locodemy:
Imagine stocks like zenith bank to be on fuuuuuul offer even to closing meaning the losses continues tomorrow.All is not well o.This thing is heavily affecting the rich kwa.Except fuel scarcity,poor people dont know what economy means.infact they are the ones surviving now...........traders and farmers.stock brokers,bankers,civil servants are finding it difficult but those that has part time biz has no problem to this.

As an igbo man,i think biz is good as long as life is concern.school good kwa but

I think in Zenith case must be some big investors exiting. May be end of year account closing or foreign investors leaving. In anyway it is good for us locals. If I can get Gtb below N15 my 100% gain sometime in 2016 is assured.
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:26pm On Dec 08, 2015
Good news grin Fashola unveils agenda for roads, power and housing . The minister futher disclosed that work would soon commence on all roads that link the 36 states of the federation . 2016 must be good year ever over 16years past in JESUS NAME AMEN, if you must follow buy in to nse and forget it to next year .

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Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:29pm On Dec 08, 2015
Raider76:


I think in Zenith case must be some big investors exiting. May be end of year account closing or foreign investors leaving. In anyway it is good for us locals. If I can get Gtb below N15 my 100% gain sometime in 2016 is assured.
am talking of gtb below #10 self .
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:35pm On Dec 08, 2015
ihedioramma:
am talking of gtb below #10 self .
chai this guy you be ole

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Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 4:50pm On Dec 08, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 4:56pm On Dec 08, 2015
locodemy:

chai this guy you be ole


grin
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 5:15pm On Dec 08, 2015
locodemy:

chai this guy you be ole
grin olocolocodemy o am not guy but if oando and fbnh can do this i hope gtb will do better #8 cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:22pm On Dec 08, 2015
ihedioramma:
grin olocolocodemy o am not guy but if oando and fbnh can do this i hope gtb will do better #8 cheesy

you mean there is no difference between anyone who bought oando at #12.00 and now #5.00 and one who bought zenith at #19.00 and now #10-#14.00?
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 5:27pm On Dec 08, 2015
locodemy:

chai this guy you be ole
he is not even a 'guy' talkless of 'ole'.
he is our biTL-in-chief(not thief).
brother in The Lord. JAH Bless !
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 7:18pm On Dec 08, 2015
Market these days, I have opt-out from jijo group for now, I will just be observing for now. There is no hope for upward movement soon . Instead of joining average down group ADG or jijo, it's better I remain an observer and to join back after reconstruction of some share. Ihedioramma na joke ooo.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 7:22pm On Dec 08, 2015
Mr market na ba stard silently dealing with people since 1848
grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 7:26pm On Dec 08, 2015
Some people will jump in with intention of jumping out with
5% gain the same day, the market will immediately dip down with 5% loss. Some always spend their day working for their stockbroker.
Re: Nigerian Stock Exchange Market Pick Alerts by Krisuba: 7:33pm On Dec 08, 2015
Its happenin again. Gold turnin to rusted zinc.soon we will start hearing of those who had committed suicide because of mr market.!! A bird at hand is still better than monkey in the bush..
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 8:10pm On Dec 08, 2015
Krisuba:
Its happenin again. Gold turnin to rusted zinc.soon we will start hearing of those who had committed suicide because of mr market.!! A bird at hand is still better than monkey in the bush..
how can someone commit suicide since one can average down, even at 50 kobo or at reconstruction level.
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 8:46pm On Dec 08, 2015
Chibuking81:
Market these days, I have opt-out from jijo group for now, I will just be observing for now. There is no hope for upward movement soon . Instead of joining average down group ADG or jijo, it's better I remain an observer and to join back after reconstruction of some share. Ihedioramma na joke ooo.
cheesy what is adg?
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 8:55pm On Dec 08, 2015
locodemy:


you mean there is no difference between anyone who bought oando at #12.00 and now #5.00 and one who bought zenith at #19.00 and now #10-#14.00?
big difference .that is what am trying to tell you gtb&zenith must go down below #10
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 9:00pm On Dec 08, 2015
zendi:
he is not even a 'guy' talkless of 'ole'.
he is our biTL-in-chief(not thief).
brother in The Lord. JAH Bless !
grin am not chief just (brother) one love .
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:35am On Dec 09, 2015
currentprice:
Mr market na ba stard silently dealing with people since 1848
grin


grin
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 12:36am On Dec 09, 2015
I hope this word help us in this difficult time...let's find out the inner strength that brings out the greatness in us! With God, all things are possible!

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Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 4:27am On Dec 09, 2015
Guys, can we get the bear to pull down Nestle...Seems trading has been low on this stock. its on my target list.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 5:15am On Dec 09, 2015
ihedioramma:
cheesy what is adg?
average down group
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 6:33am On Dec 09, 2015
http://www.punchng.com/fresh-oil-price-rout-weighs-on-african-eurobonds/ Fresh oil price rout weighs
on African Eurobonds
 
Dollar-denominated debt of African oil and
commodity exporters came under pressure on
Tuesday, with investors pushing premiums
demanded over less risky assets to new highs
as a fresh rout in crude prices and China’s woes
rattled emerging economies.
Oil prices resumed their slide, with United
States crude falling below $37 per barrel and
Brent below $40 for the first time since early
2009 amid a global supply glut, according to
Reuters.
This added to the headache over weak
November trade data from China, which cast
doubt on hopes that the world’s second-largest
economy would level off in the fourth quarter,
spelling more pain for its major trading partners.
However, copper prices were holding up on the
day following losses in the previous session.
Eurobonds from African governments chalked up
solid losses across the curve. Top oil exporter
and Africa’s biggest economy Nigeria saw
dollar-issues slip across the curve by as much
as 0.7500 cents, trading at their lowest since
early October.
The 2025 dollar-denominated bond issued
earlier this year by fellow OPEC member and oil
producer Angola shaved off 1.500 cents to hit a
record low. While Gabon’s 2024 issue eased
1.600 cents to hit a record low of just over 80
cents in the dollar.
Copper producer Zambia saw prices for its 2022,
2024 and 2027 dollar-denominated issues fall by
as much as 1.5 cents to the lowest level since
early to mid-October. Its kwacha currency
weakened nearly two per cent against the dollar
– the weakest level since end of November.
“Sentiment is pretty poor at the moment, and
the move lower in the oil price has clearly
affected the Eurobonds issued by oil producing
countries,” said Samir Gadio, head of Africa
Strategy, FICC Research at Standard Chartered
Bank.
“You can also add to that the risk of a U.S. Fed
rate hike next week … so you have co-
committing factors which make it hard for the
asset class to gain at the moment, even though
the valuations have become nominally more
attractive.”
Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 8:31am On Dec 09, 2015
My (Bold) 2016 Oil Forecast Will Turn Heads
by DR. KENT MOORS | published DECEMBER 8TH, 2015
As we’ve learned over the course of the last year, making projections about oil prices can be a very difficult enterprise.
After rebounding to a little over $60 a barrel this summer, crude defied expectations and dropped back into the $40’s and even below to close out the year.
But don’t let this near-term move fool you. Certain elements are now gathering steam that will likely lead to a long-term rebound in crude next year.
In fact, there are several market forces that I believe will lead to higher oil prices in 2016.
And it all starts with a reduction in the “supply glut” that all the talking heads keep beating their chests about.
In this case, the reversal will occur in two phases.
First, as the year goes on I think we will see a dramatic shift in OPEC policy.
The primary element depressing oil prices has been OPEC’s strategy (led by Saudi Arabia) of maintaining and increasing production levels in order to defend market share, which started in Thanksgiving 2014.
In 2016, however, I expect this portion of the “supply glut” will begin to reverse.
Here’s why, and my target for where oil prices will go in 2016 and 2017…
Signs of Capitulation in the “Oil Price War”
In fact, several OPEC nations are now in open opposition to the Saudi policy, with Venezuela, Nigeria, Libya, Iran, and Ecuador leading the charge to make the production cuts that would ease the supply glut and send oil prices higher.
Economically, OPEC has painted itself into a corner, and the only way out now is through higher prices. Even the Saudis understand that.
That’s why Riyadh is now signaling to the likes of Russia and even the U.S. that they would support a joint move with non-OPEC producers to “stabilize” the international market.
Don’t be fooled by OPEC’s early-December decision to keep pumping. Low oil prices are hurting even Saudi Arabia, and something, or someone, will have to give.
And in a face saving caveat, I now believe the Saudis will finally end their call to “hold the line” on production, easing the oversupply and opening up the market to higher prices.
But that’s only half the story. The second phase of this capitulation will be happening here at home.
The reason why is simple. While the Saudis clearly underestimated the resolve of U.S. producers, the damage wrought by the “oil war” here at home has been extensive.
The U.S. rig count has declined precipitously, while forward capital expenditures – especially for deep, fracked, horizontal wells – have been slashed to the bone. What’s more, several major Arctic and Gulf of Mexico offshore projects have been mothballed as well.
That can’t help but lead to a drop in supply, especially when it comes to shale or tight oil. Fact is, the average unconventional oil well pumps the majority of its volume in the first 18 months.
It’s called the decline curve and it can’t be finessed forever.
Even with the application of secondary and enhanced oil recovery techniques, it’s only a matter of time now before we start to see a reduction in supply on the American side of the market.
Also, as I’ve pointed out for some time now, the “bad debt” problem on the energy side of the junk bond market is growing more acute by the day.
Bad Debt Will Diminish U.S. Oil Supply
Yield premiums are rising with no end in sight, and for drillers with a lot of debt to rollover that brings up the possibility of bankruptcy.
As a result, an increasing number of U.S. producers will disappear, be acquired, or merge with larger competitors, adding to the reduction in overall volume.
When the combination of these market forces take hold, the “supply glut” will undoubtedly begin to shrink.
As for the demand side, the global need for crude is expected to grow by an average of more than one million barrels a day annually, led by big increases in Asia.
Fact is, by OPEC’s own estimates oil demand in Asia will rise by about 16 million barrels a day to 46 million barrels by 2040.
To put that in perspective, that’s almost twice the amount currently produced by the U.S.
But as I’ve said numerous times before, this crunch has always been all about the supply side of the equation. Increasing demand has never been the issue.
And that brings us to where the price of oil is headed…
This is Where Oil Prices Go from Here
Finally, as I’ve noted over the past several months, a combination of derivative moves on futures contracts and heavy ongoing short plays have completely distorted the true value of oil.
And while “paper barrels” have always swayed oil prices for delivery (i.e. the “wet barrels”) that influence has grown far beyond any rational market justification.
In fact, I estimate the true market value for a barrel of West Texas Intermediate to be roughly $50 a barrel, or $8 higher than where it is as of the writing of this report.
What I can tell you is that these types of paper trades run in cycles. And as the profit potential from them begins to diminish, the “paper price” of crude will begin to rise to meet its true overall value as a hard asset.
Here’s what all this means.
Let me be clear: We are not racing back to $100 a barrel oil. Absent a major geopolitical outlier that impacts supply, more subdued increases in crude are in order.
Therefore, my current read on West Texas Intermediate is as follows:
By July 1, 2016, WTI should price at $66/barrel.
By October 1, 2016, WTI should price at $68/barrel.
And by January 1, 2017, WTI should finally breach $70/barrel.
That is where I see oil prices next year, which will allow us to make some very nice returns all across the board.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:39am On Dec 09, 2015
ihedioramma:
big difference .that is what am trying to tell you gtb&zenith must go down below #10
Na you go bring them down?
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 9:05am On Dec 09, 2015
Mpeace:
Na you go bring them down?
so you dont know me? any way you just come but why you come enter like this?
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 9:07am On Dec 09, 2015
Chibuking81:
average down group
so we are at the same place o cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 10:48am On Dec 09, 2015
By this time know body done enter our room why Dumexoga? know be small thing by now zenith and dangcemet cant look up .
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 11:09am On Dec 09, 2015
Wow.....there won't be a need to make reference to the crash of 2008........2015 is the new reference year. If you missed 2008, you have your own tale to tell now. cheesy

There is no need to despair however, instead,prepare to make a comeback when the market reverses by loading up cash now. The mistakes some folks made post 2008 was to bid stock market farewell. After the crash comes massive gains. Portfolios double or triple in some cases over a remarkable period. I'll bet you would make far more than you lost such that your loss or portfolio now, pales into insignificance.....that was my own experience. I am excited about the future. grin

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Re: Nigerian Stock Exchange Market Pick Alerts by jp130(m): 11:11am On Dec 09, 2015
WHAT IS HAPPNING
Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 11:59am On Dec 09, 2015
What's happening to Zenith and Gtb?

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