kentoto:


Bros,

Abeg tell us oh . How big is it?

......to tap/position into UBA FXPD status...

Primetech:
If you miss out on UCAP today...sorry. Something big is coming!!!

Please can u intimate us now, let's know weather to join on monday.

Primetech:


the way you have said it shows it's a rumor...

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http://www.vanguardngr.com/2016/06/firstbank-zenith-uba-gtb-okay-fx-dealers/
......(maybe this is why SKYE BANK doesn't want to release their result...... .....)........
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http://www.dailytrust.com.ng/news/general/many-banks-unqualified-as-cbn-reveals-fx-dealers-today/151475.html
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......I think Godisfaithful....might be onto something(on the right track)...... ...........

Primetech:
If you miss out on UCAP today...sorry. Something big is coming!!!

Primetech, so this monkey hunting thing neva commot for your body.
Remember you be title holder here...........the costain man.

kentoto:


IMO, I think there result will only affect there stock (Skye), and besides they are a marginal player. Serious banks have released there result since.

On the hand, Nigerian investors dont really punish public quoted companies for non performance. Bad result stock will start to go up...

Do your DD.

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......thanks for the feedback Baba...........

I just checked the Q1 of Japaul Oil and Maritime Services Plc. Who are the banks that this company is owing?
Bank overdraft 2,167,932,000
Long term borrowings 412,996,000
Finance lease - current - 2,446,373,000
Non current borrowings - 17,501,015,000
Finance lease - 3,675,428,000

Total 26,203,744,000

Technically this company is dead. I am not mad that my investment in this company is lost but I am mad against managers of banks that see a dead or dying company but keeps throwing good money at them. Very soon the banks will have to write off all of these as bad loans but the Directors that approved these facilities will still maintain their exalted positions collecting fat pays and bonuses and the poor workers that mobilised the funds thrown out of jobs. Corporate Governance has to be strenghtened in listed companies, it is currently non existent in any company in Nigeria. I may be wrong though but I am sure that I am right.

These are the type of companies that FRC was established to monitor. But what do they do, they are busy chasing private companies all over the place.

rebekah2011:
I just checked the Q1 of Japaul Oil and Maritime Services Plc. Who are the banks that this company is owing?
Bank overdraft 2,167,932,000
Long term borrowings 412,996,000
Finance lease - current - 2,446,373,000
Non current borrowings - 17,501,015,000
Finance lease - 3,675,428,000

Total 26,203,744,000

Technically this company is dead. I am not mad that my investment in this company is lost but I am mad against managers of banks that see a dead or dying company but keeps throwing good money at them. Very soon the banks will have to write off all of these as bad loans but the Directors that approved these facilities will still maintain their exalted positions collecting fat pays and bonuses and the poor workers that mobilised the funds thrown out of jobs. Corporate Governance has to be strenghtened in listed companies, it is currently non existent in any company in Nigeria. I may be wrong though but I am sure that I am right.

These are the type of companies that FRC was established to monitor. But what do they do, they are busy chasing private companies all over the place.

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..........it might be prudent to cut the part above the URL of the browser.....so stuffs like your name on your email aren't posted with the pics.....but if you don't mind that then no wahala.......

forbes30:

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..........it might be prudent to cut the part above the URL of the browser.....so stuffs like your name on your email aren't posted with the pics.....but if you don't mind that then no wahala.......

Thanks, I mind oooooooo.

Hmmm

Looking at tigerbrand seriously
The volumes are increasing small small. We are all too busy looking at banking stocks.

My watchlist done complete be that for next week.

Do your DD.

K

angelo82:


Cooperate for what? UBA is following Access while FBNH is running behind UBA.

FBNH is eager to break previous resistance but UBA is the stumbling block. UBA and Access should get their acts together abeg otherwise...........

9free:

Any revelation concerning FBHN from the top of the Mountains? The Faithfuls are hoping to seeing it at Canaan(N30) by September

Yes use your cutlass now, world oil up by $40 . one love .

http://nairametrics.com/this-oil-company-has-converted-half-of-its-forex-deposits-into-naira/

The race to get out of dollars has just started

........... http://abokifx.com/ ..............
.......come oooo guyz....naira is gaining on the dollar oooooooo......
............ BUY/SELL 345 / 355 .............
...are you sure it will get to 400 naira to a dollar on monday.....?....that will be a jump too high.....
....it might go lower............not higher.....

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Something is definitely brewing about UBA...over 187m traded stocks today

Intendy well done job please keep it up one love. but come o, stockbull & Intendy is it two in one or one in two? . lancee JAH BLESS .

phetty:
Something is definitely brewing about UBA...over 187m traded stocks today

But why was that volume offered for sale? Remember some people were happy to dump that much. I assume we know what the buyers are positioning for. But what are the sellers escaping from?

zendi:

But why was that volume offered for sale? Remember some people were happy to dump that much. I assume we know what the buyers are positioning for. But what are the sellers escaping from?

The sellers escaped from debt.

angelo82:


The sellers escaped from debt.

Different folks, different strokes.
While some people are escaping from debt and whatever else, others are JIing to partake of the uhuru that Emefiele has brought.

zendi:

Different folks, different strokes.
While some people are escaping from debt and whatever else, others are JIing to partake of the uhuru that Emefiele has brought.

Escaping to where? They ain't going nowhere! This is just the beginning of our relief on awaited policy needed by market to breath bullish air on our portfolios'

.......................meristem securities - Economic Update | Investment Guide ---------------------
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.......... https://gallery.mailchimp.com/bbb27b17b0b31a5b84a5e0467/files/New_FX_Management_Framework.pdf ..................

@ PRIMETECH, UCAP will dance above 2.5 on monday but still close below N2.5...INFACT, the day's low will be below N2.4... .
We know the game tricks...

zendi:

Primetech, so this monkey hunting thing neva commot for your body.
Remember you be title holder here...........the costain man.

Oga Zendi abeg no crack my ribs ooo.

Elai147:


Oga Zendi abeg no crack my ribs ooo.

Intendy:
Stock with new 52 weeks high

Ucap #2.40

super

Market VOLATILITY will be SUPER HIGH on MONDAY. Most people will start getting direction after one(1) week from MONDAY next week.
Do not be in a hurry to JUMP IN. Most foreigners got TRAPPED, The reason for many crossed deals earlier in the past few weeks which have reduced significantly... .

AFTER THE INITIAL GRAGRA, STOCKS will DIP before taking OFF. its never a ROCKET TRAJECTORY....EVEN FOR UCAP....

phetty:
Something is definitely brewing about UBA...over 187m traded stocks today

technically its a very bullish signal
-big vols back to back
-macd bullish crossover
-rising rsi
-50dma trading over 200 dma (golden cross)

All d momentum needed to break N5 resistance before setting new 52 highs. loads patience needed

3 dojis back to back . . we wait and see

portfolio dis:
uba
ucap
znith
flourmill
Nb

zendi:

Different folks, different strokes.
While some people are escaping from debt and whatever else, others are JIing to partake of the uhuru that Emefiele has brought.

Its smart to jump in because short term gain is certain.You know most of the stocks will be revalued from next week.

DeRuggedProf:
Market VOLATILITY will be SUPER HIGH on MONDAY. Most people will start getting direction after one(1) week from MONDAY next week.
Do not be in a hurry to JUMP IN. Most foreigners got TRAPPED, The reason for many crossed deals earlier in the past few weeks which have reduced significantly... .

AFTER THE INITIAL GRAGRA, STOCKS will DIP before taking OFF. its never a ROCKET TRAJECTORY....EVEN FOR UCAP....

true . . but we wud wait till Q2. I think Ucap is more local play

DeRuggedProf:
Market VOLATILITY will be SUPER HIGH on MONDAY. Most people will start getting direction after one(1) week from MONDAY next week.
Do not be in a hurry to JUMP IN. Most foreigners got TRAPPED, The reason for many crossed deals earlier in the past few weeks which have reduced significantly... .

AFTER THE INITIAL GRAGRA, STOCKS will DIP before taking OFF. its never a ROCKET TRAJECTORY....EVEN FOR UCAP....

Sir, stocks will reprice base on shifts in Naira before undergoing DIP as you mentioned . Patiently waiting...lol

CONFIRMED!!!!! All Deposit Money banks are now PFXDs.!!!!

The party is just starting!

https://www.thecable.ng/banks-now-free-primary-fx-dealers-says-cbn

feelamong:
CONFIRMED!!!!! All Deposit Money banks are now PFXDs.!!!!

The party is just starting!

https://www.thecable.ng/banks-now-free-primary-fx-dealers-says-cbn

The PALM WINE for the PARTY has just been 'DILUTED'....