saw this in smn yesterday. classic case of a rejected stone

Toluway: saw this in smn yesterday. classic case of a rejected stone

I hope it wont go the Japaul way........sharp shooters always at work.

Aks: BREAKING: #UnityBank, the first listed lender on #Nigerian bourse to report HY1 2014 earnings - basic EPS of 18.49k vs 10.59k (HY1 2013). What effect will this on the stock?

Like someone else pointed out on SMN, CBN has in the period reported eliminated several fee paying sources of income for the banks (e.g reduction in COT % etc) so there should be a bit of caution with taking the "impressive" Unity Bank figures hook line and sinker. After all these are "unaudited" results.

#justsaying

http://businessdayonline.com/2014/07/fbn-insurance-to-launch-takeover-bid-for-oasis/?utm_source=&utm_medium=twitter#.U7VlbZO3PFo FBN Insurance will launch a bid next week to buy out the
28.8 percent minority stake in Oasis Insurance that it does
not already own, in a deal valued at N 1.03 billion ($6.34
million).
FBN Insurance, jointly owned by Nigeria’s FBN Holdings (65
% ) and South Africa’s Sanlam (35%), acquired a 71.2
percent stake in the motor and fire insurer in February.
It will offer N 0.55 per share to buy the remaining 1.87
billion shares, the company said on Thursday.
The buy-out process opens on July 10 and will last for
three weeks, after which FBN Insurance intends to delist
Oasis from the Nigerian Stock Exchange (NSE).
Shares in Oasis were trading at N 0.50 on Thursday, giving
the company a market capitalisation of N 4 billion.
Sanlam has said FBN Insurance’s acquisition of the 71.2
percent Oasis stake gave it an entry point into the general
insurance sector in Nigeria, Africa’s most populous nation.

A little bit above 3weeks ago i purchase unilever at N43 calling who ever cares. Though i only purchase 5000 unit them. But as of today it closes at N55 naira. Fellow nairaland is the stock pump and dump as it is the wont of NSE or the appreciation is back by fundamentals?

nitrogen:

I hope it wont go the Japaul way........sharp shooters always at work.

Exactly..all na monkey hunting..if this stock eventually moves it is definitely going to be P& D just like japaul that has reparked again after some people bought at a high price...am not interested in them anyways..

nitrogen:

I am that chemical element of atomic number seven, a colourless and odourless gas that forms about 78% of the the earth's atmosphere.....

where r ur group members bro.....phosphorus, arsenic n co

Born 2be Rich:

Exactly..all na monkey hunting..if this stock eventually moves it is definitely going to be P& D just like japaul that has reparked again after some people bought at a high price...am not interested in them anyways..

Egbon, I bought at 56k and sold at 70k, there is a simple strategy for all these things, Unity bank, here I come.

Afo1k: where r ur group members bro.....phosphorus, arsenic n co

They are all cool, dem say make I dey greet you.

nitrogen:

Egbon, I bought at 56k and sold at 70k, there is a simple strategy for all these things, Unity bank, here I come.

Same entry price here. But I exited at 69k.

nitrogen:

Egbon, I bought at 56k and sold at 70k, there is a simple strategy for all these things, Unity bank, here I come.

Still not interested...i wish you goodluck in your purchase.

Born 2be Rich:

Still not interested...i wish you goodluck in your purchase.

Okay o!

nitrogen:

Okay o!

some people go cry if they buy unity titanic ship oshi mtcheeeeeew

ETERNA ABOUT TO RALLY WATCH IT

Michael11stock: some people go cry if they buy unity titanic ship oshi mtcheeeeeew

Yeah! the stock is not liquid at all, calculated risks nooni!

Dont quote me o!

BUY OANDO NOW OR YOU GET YOURSELF TO BLAME LATER, IT IS GIVING YOU OPPORTUNITY TO BOARD NOW, ONCE IT TAKES OFF YOU WON'T GET IT AGAIN because NOBODY WOULD BE READY TO LOOSE A GOLD MINE FOR AGEGE BREAD LOL

ONCE THE ANALYST TELLS YOU TO BUY A STOCK THAT MEANS THEY WANT TO DUMP, EG TRANS I NO GO GIVE DETAILS DECODE YOURSELF

^^^

Laff wan tear my trouser!

nitrogen:

Egbon, I bought at 56k and sold at 70k, there is a simple strategy for all these things, Unity bank, here I come.

Hope you know Unity Bank is on serious offer. If the benchmark was not 50kobo ehn, it suppose to be trading at 42kobo now. Lol

Michael11stock: ONCE THE ANALYST TELLS YOU TO BUY A STOCK THAT MEANS THEY WANT TO DUMP, EG TRANS I NO GO GIVE DETAILS DECODE YOURSELF

davide470: Hope you know Unity Bank is on serious offer. If the benchmark was not 50kobo ehn, it suppose to be trading at 42kobo now. Lol

Yah! Don't worry, God dey!

.

.

Michael11stock: ETERNA ABOUT TO RALLY WATCH IT

Michael11stock: ONCE THE ANALYST TELLS YOU TO BUY A STOCK THAT MEANS THEY WANT TO DUMP, EG TRANS I NO GO GIVE DETAILS DECODE YOURSELF

Hope you are not taking the side of an analyst?

Michael11stock: ONCE THE ANALYST TELLS YOU TO BUY A STOCK THAT MEANS THEY WANT TO DUMP, EG TRANS I NO GO GIVE DETAILS DECODE YOURSELF

Michael11stock: BUY OANDO NOW OR YOU GET YOURSELF TO BLAME LATER, IT IS GIVING YOU OPPORTUNITY TO BOARD NOW, ONCE IT TAKES OFF YOU WON'T GET IT AGAIN because NOBODY WOULD BE READY TO LOOSE A GOLD MINE FOR AGEGE BREAD LOL

you sound like one of them, hope really you are not?

Nawa for una self I am leaving this forum, seems some pple don't want u to help

Michael11stock: Nawa for una self I am leaving this forum, seems some pple don't want u to help

No! Don't misunderstand the response, it's just for us to be very sure of ur position. After all, dats part of the DD mantra we all advocate!

Michael11stock: Nawa for una self I am leaving this forum, seems some pple don't want u to help

pls do not misunderstand me, I want to buy more Oando and Eterna, even Transcorp, but your warning and your recommendation coming at about the same time scares me, that is why I ask to know, whether you are more of an analyst or not, thanks in anticipation for your understanding.

Chibuking81: pls do not misunderstand me, I want to buy more Oando and Eterna, even Transcorp, but your warning and your recommendation coming at about the same time scares me, that is why I ask to know, whether you are more of an analyst or not, thanks in anticipation for your understanding.

owwwk that is cool, looking for who to loan money from self, or you go loan me? Mercilicious is heavy too on Eterna, madam Mercy just be patient ok cheers to the house one love

Please has anyone had recent correspondence with Cardinal Stone Patners (Former City Securities Registrars). It's been very difficult for me to get them on phone and they don't respond to emails at all. I need to sort out some issues with them regarding my unclaimed dividends.

Nigerian Stock Exchange:

1. FIDSON Announces AGM date and Closure of Register for -13 Financial Year End

2. FBN Insurance to Launch Takeover Bid for Oasis

3. Investors Sell Down on JAPAULOIL, sheds -19.70% in 4days

4. Shareholders Set to Approve Lafarge’s Business Consolidation

5. ETI elects Ikazoboh chairman

6. Sanusi Drops Case against Jonathan, May Visit Villa Soon

7. N10b jet expenses probe: Diezani, NNPC stall hearing

8. Confab okays rotation, zoning of political offices

9. Senate rejects formalising presidential debates

10. Chibok girls: Gordon Brown wants UK troops in Nigeria

11. Okonjo-Iweala: We didn’t communicate well on Chibok girls

12. Wall Street Finally Breaks Out

Source: @proshare

Red just dey flow today no wonder everybody just dey quiet ...Anyways, i can see oando coming to meet me at the park junction. Finally.