Godisfaithful:
According to CSL, there was a block trade (Zenith bank) of c.8.8m units at N11.32 valued at c.N100mn. Participation involved offshore investors. There were multiple cross trades (GTBank) with total of 16m units at avg. of N15.63. Participation involved offshore investors. And there was a block trade (UBA) of c.46m units at N3.24 valued at c.N149mn. Participation involved offshore investors. Best of luck!

feelamong:


Hmmmm! Men in Black are back!

Better sell now and come back in December!

*The MoNkEy*

feelamong:


Hmmmm! Men in Black are back!

Better sell now and come back in December!

*The MoNkEy*

Godisfaithful:
According to CSL, there was a block trade (Zenith bank) of c.8.8m units at N11.32 valued at c.N100mn. Participation involved offshore investors. There were multiple cross trades (GTBank) with total of 16m units at avg. of N15.63. Participation involved offshore investors. And there was a block trade (UBA) of c.46m units at N3.24 valued at c.N149mn. Participation involved offshore investors. Best of luck!

rebekah2011:


Or they are exiting

Godisfaithful:
According to CSL, there was a block trade (Zenith bank) of c.8.8m units at N11.32 valued at c.N100mn. Participation involved offshore investors. There were multiple cross trades (GTBank) with total of 16m units at avg. of N15.63. Participation involved offshore investors. And there was a block trade (UBA) of c.46m units at N3.24 valued at c.N149mn. Participation involved offshore investors. Best of luck!

Godisfaithful:



Sir, this is not monkey hunting. We choose what we ought to believe. There's a very strong signal that offshore investors are taken position ahead of the local investors. One just has to trade with caution and not wait after the cup is full before one keep sharing (proverb)

Godisfaithful:
According to CSL, there was a block trade (Zenith bank) of c.8.8m units at N11.32 valued at c.N100mn. Participation involved offshore investors. There were multiple cross trades (GTBank) with total of 16m units at avg. of N15.63. Participation involved offshore investors. And there was a block trade (UBA) of c.46m units at N3.24 valued at c.N149mn. Participation involved offshore investors. Best of luck!

Godisfaithful:
According to CSL, there was a block trade (Zenith bank) of c.8.8m units at N11.32 valued at c.N100mn. Participation involved offshore investors. There were multiple cross trades (GTBank) with total of 16m units at avg. of N15.63. Participation involved offshore investors. And there was a block trade (UBA) of c.46m units at N3.24 valued at c.N149mn. Participation involved offshore investors. Best of luck!

realman2015:


Your advice is worthless on this forum and your rant is synonymous to that of a wounded dog. Obviously, the intent of all your post is to scare investors away and discredit the stock market which won't and will never work. I understand NSE has seriously dealt a great blow on you before which has made recovery difficult. I will say, don't worry, pick up the pieces and move on. Stop looking at the hole in the doughnut and focus on the doughnut itself. There are plenty of upsides NSE still offer to tough and smart investors who refuse to back down.

I will suggest, at least for once that you post positive news about your country (though i doubt if you are even a Nigerian) and stop spreading negativity because you might develop heart failure very soon.

If you still find my post unhelpful, go hug a transformer

DeRuggedProf:


'PANAMA' investors..... !

Godisfaithful:

well it is better to position now,however the reason for the block investment is because a lot of foreign investor has be waiting to change to scares dollar and repatriate their money home but after waiting for dollars from CBN without success they decided to take it back to the stock market instead of lying idle.Nigeria economy is not yet investors friendly.

Sir, this is not monkey hunting. We choose what we ought to believe. There's a very strong signal that offshore investors are taken position ahead of the local investors. One just has to trade with caution and not wait after the cup is full before one keep sharing (proverb)

jauntty:
Is it possible to just Register for E-dividends with all the Registrars once and for all, for future purposes even if you don't have shares with some of them at the moment

Chibuking81:
Stocks will still go down this month more than its today current price. Any bear that shake Nestle will definitely shake other stocks. NSE experts are good in manipulations, Nestle currently @#613.

PETERiCHY:
http://tribuneonlineng.com/forex-policy-iberia-withdraws-services-from-nigeria


THE refusal of the Central Bank of Nigeria (CBN) to exempt foreign carriers from its forex policy has claimed its first casualty, with Iberia Airline pulling out of Nigeria.

According to information gathered late Tuesday, Iberia, the Spanish national carrier, was said to have taken the decision, in view of the financial predicaments brought upon it by the CBN forex policy, which prevented it from repatriating its proceeds made in Nigeria for many months now.

Since the introduction of the policy, the foreign airlines have over $500 million trapped in the various banks which they ought to have repatriated to their various home countries.

Prior to the decision of Iberia, many of the foreign carriers had expressed their displeasure at the CBN policy, with many threatening to withdraw their services from Nigeria if nothing was urgently done to reverse it.
Information gathered on Tuesday indicated that apart from Iberia, other foreign airlines had concluded plans to equally pull out of the country.

In view of the latest development, the foreign carriers are expected to meet with Vice-President Yemi Osinbajo in Abuja, today.

lancee:
NOTE !!

Zenith, in the face of harsh and dull economic activities, held on to its previous year’s performances as it released a marginal decline in its Q1 EPS from 88kobo in 2015 March 31 to 84 kobo in 2016 March 31. PLEASE note that the 84kobo EPS, reported in the 2016 Q1 is superior to the 88 kobo declared as the 2015 Q1 EPS in the sense that the price of the stock has declined from N23 on April 17, 2015 to N10.90 onn April 18, 2016 -

culled from fandi.com

nio68:


Can they afford to ignore the Nigerian market ?! Empty threat... abeg make we invite China Airlines

ufotty2001:
tigerbrand artificial bull... men in black @ work

Coolcash1:
The poster above is apparently oblivious of the importance Nigerian market is to investors in the investment space for saying Yes...We have had times more challenging than this before and foreign airlines eg british airways refused to leave Nigeria rather they have reintegrate and align their business models to fit in the peculiarity of the Nigerian market..I can boldly say, there is no other African country where these investors make abnormal profit aside Nigeria...It is a known fact that Nigerians pay the highest fares for flight than any other African country. Talk about telecom, MTN Nigeria is the biggest cash cow of MTN group. Talk about pay tv, multichoice nigeria lead its peers within multichase group and so on. The fact is, the difficulty being faced is only short term and not forever. So, let them be patient rather than threaten us to leave because like @nio68 said, they will surely return.

Truworths exited Nigeria. Michelin Nigeria stopped manufacturing Any company will exit any country once profits begin to slide,operations are stymied and regulations become prohibitive. Lagos-Madrid is not indispensable for Iberia, unlike maybe London-Madrid, and if they feel their cash is better utilized elsewhere, they will move. Richard Branson left Nigeria because he was frustrated. Did he not know that Nigerians "pay the highest fares for flight in Africa."
The MTN Group is insignificant outside of Africa. Multichoice is insignificant outside of Africa. Nigeria is the biggest market in Africa.
Imagine the FG fined Coca-cola a crippling sum. You think they will run about like MTN.


* The Seven-Headed Dragon *