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Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:19pm On Jul 10, 2017 |
MAY & BAKER on full bid. This one na kalokalo. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:20pm On Jul 10, 2017 |
fxuser: breaks N8 ! |
Re: Nigerian Stock Exchange Market Pick Alerts by Revibe: 12:24pm On Jul 10, 2017 |
OBAGADAFFI: Bros shey make we enter |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:31pm On Jul 10, 2017 |
Revibe: Baba God just save you from M&B trap @N3. If you enter again na yo sabi. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:38pm On Jul 10, 2017 |
DeRuggedProf BullBearMkt Currentprice What is the best price to AVERAGE DOWN on conoil, if i bought it @ N44 |
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 12:39pm On Jul 10, 2017 |
Revibe:Enter, but on one condition: that you will run out when the price touches 3.50k. Anything above that, you are on your own. DD applies. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 12:40pm On Jul 10, 2017 |
OBAGADAFFI: M&B that had offer of over 6 Million last week. Until I see huge volume dry up. Its wash-wash |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:43pm On Jul 10, 2017 |
OBAGADAFFI:...better to let it find its support and ready to rally before you think of buying again. Weekly just turned bearish now! |
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 12:48pm On Jul 10, 2017 |
RUMOUR HAS IT THAT C & I LEASING IS PAYING 15K AS INTERIM DIVIDEND AND 20K AS FINAL AND MAY LIKELY DO RIGHT ISSUE BY FIRST QUARTER OF 2018. |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:50pm On Jul 10, 2017 |
samguru: Why not spare the cash then... 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:55pm On Jul 10, 2017 |
BullBearMkt: Sure, it has been roving round 33,36,34 since morning. Thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:57pm On Jul 10, 2017 |
Zenith - much needed break on vol above N21 - pls just close above |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:58pm On Jul 10, 2017 |
stcool: "i yam not understanding this market again ooh" |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:59pm On Jul 10, 2017 |
FlourMill - nice shake out - |
Re: Nigerian Stock Exchange Market Pick Alerts by Zhirinovsky: 1:08pm On Jul 10, 2017 |
incuring losses is not fatal! making profits is not final! it is the zeal and power to continue that matters! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 1:09pm On Jul 10, 2017 |
Ucap - not sure whyy it opened at 3.12 - wat was mkt maker thinking ! ! um |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:16pm On Jul 10, 2017 |
fxuser:...I guess shakeout was on their mind before sending the price to the North pole |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:17pm On Jul 10, 2017 |
Conoil going below N30 soon. |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:19pm On Jul 10, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 1:20pm On Jul 10, 2017 |
BullBearMkt: loll #wicked |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:21pm On Jul 10, 2017 |
fundamentally nothing wrong with conoil i expect conoil to move same way zenith did after dividend adjustment watch out from 2morrow 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:30pm On Jul 10, 2017 |
Why the scare on conoil? As for me, I ain't going no where...No reason to run out. Even at N45 its still underpriced. Its a stock with intrinsic value of N60 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by MrTease: 1:32pm On Jul 10, 2017 |
currentprice: Huge Contingent Liabilities from lawsuits that can also wipe out shareholder's funds. Judgements have already been given against the company in lower courts. Kindly review last year's financial results. http://www.nse.com.ng/Financial_NewsDocs/18498_CONOIL_PLC_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_JUNE_2017.pdf page 54 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:50pm On Jul 10, 2017 |
samguru: The chairman promised an interim dividend during the AGM in May. |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 1:55pm On Jul 10, 2017 |
MrTease: ConOil is solid, don't know why the scare. I would buy more @ lower price. Company is making profit, good cash balance and cash flow. Judgement or not, no company would pay out the money once. Read well provisions where also made. |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:55pm On Jul 10, 2017 |
MrTease: So we should expect conoil to fall farther. |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:57pm On Jul 10, 2017 |
MrTease: Thanks for pointing this out (i mean the contingent liability). I don't know how my eagle eyes missed it. The two major cases are with Vitol S A and Nimex Petrochemical Nigeria Ltd where the former is now in the supreme court while the latter is at appeal stage. The total estimation of liability for these cases is N3.75b which represents 20% of its shareholders funds. So, how will it now wipe out the entire shareholders funds? Please lets always be careful and mindful of how we present information in the public space in such a way that doesn't cause panic or fear in people. A diligent presentation of your submission supported with figures would have made more meaning. |
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 1:58pm On Jul 10, 2017 |
lancee: Okay bro |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 2:00pm On Jul 10, 2017 |
Coolcash1: For a company sitting on over 40 Billion Naira in Cash & Bank balances I dont know why N3.75b should bother me. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 2:06pm On Jul 10, 2017 |
stcool:oil price is fluctuating...simple |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 2:09pm On Jul 10, 2017 |
veecovee: How does oil price fluctuating affect ConOil's cash flow, study their balance sheet. They are different from O&O |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 2:15pm On Jul 10, 2017 |
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