The way skyebank is going, it is likely going 2 reach #2.00. Make I stop mopping up for now till that time.

Nexth11:

@4dchairman: My inquiries of PREMIER BREWERIES concurs with your post...possible acquisition or injection of cash into the moribund company. Intense construction/renovation work has been ongoing at the site till date and all points in affirmation of the above.

Disclosure: Not a buy/sell recommendation...I don't have a single unit of this stock.

Thanks for the info.

Yem0350: The way skyebank is going, it is likely going 2 reach #2.00. Make I stop mopping up for now till that time.

The market can remain irrational longer than you can remain solvent

Yem0350: The way skyebank is going, it is likely going 2 reach #2.00. Make I stop mopping up for now till that time.

Some peeps have been mopping up the stock from 4naira and it kept going down; dats some 60% depreciation.

I bought the stock about a month and a half ago, I sold it at 4% loss, bought transcorp and exited with 20% ROI.

dsonofmaan:

Some peeps have been mopping up the stock from 4naira and it kept going down; dats some 60% depreciation.

I bought the stock about a month and a half ago, I sold it at 4% loss, bought transcorp and exited with 20% ROI.

Dnt forget dat som r in2 it 4 long time, expecting dividend n possibly bonus som yrs 2 com. 2 me, it is a gud buy.

Yem0350:
Dnt forget dat som r in2 it 4 long time, expecting dividend n possibly bonus som yrs 2 com. 2 me, it is a gud buy.

From a technical analysis perspective, I think its a great buy too. But mehn, something is wrong somewhere.

Pls, what is the difference btw executive director and non-executive director interms of salary and allowance?

kotlass:

I'll start with "never say never" but I don't see UBA at that price(not below 6.0),FBN ,Oando NOOOOO .If that stock reach 20,I go surprise o. Negative results + no corporate action should drive it down to 20. I expect Q3'14 to be positive and a pointer to YE'14. So no time to drag it that low to 15. Q3 is upon us already. However my plan is to be loaded and active mid-dec up to Feb maybe. If the elections are violent free and PDP wins,the markets will respond positively immediately. If APC wins and still no violence,I expect a gradual/delayed positive response ( I don't expect any significant policy sommersaults). Peaceful transition is key.

I guess we all know whom to vote to bring about sustainability.

I like Dexter and i like ayztech. but i hate those negative emotions u guys where sharing. when one person is hurt the other should pacify and not exasperate further.

@mercilious, your recent investment strategy they fear me oo. cos most times i tried it, i ended up with lesser profit.

beware of falling kniveS and be vigilant on the last falling knive.

Agbalowomeri:

who call u for the matter?

Mischief!

Agbalowomeri, ever mischievous!


Oga SWG, nor vex

SWG1:

I guess we all know whom to vote to bring about sustainability.

I like Dexter and i like ayztech. but i hate does negative emotions u guys where sharing. when one person is hurt the other should pacify and not exasperate further.

@mercilious, your recent investment strategy they fear me oo. cos most times i tried it, i ended up with lesser profit.

beware of falling kniveS and be vigilant on the last falling knive.

Abeg people no fit mind their own business? Two people dey share love with each other, wetin concern u or u be pastor wey wan join them in the name of the father, son and holy spirit?

Yem0350: Pls, what is the difference btw executive director and non-executive director interms of salary and allowance?

A non-executive director though a member of the board of directors isn't a company employee so he earns no salary. However, he is paid sitting allowance and enjoys other perks for attending company meetings and performing his other designated duties.

mercylicious: @feelamong, it means dt d bottom is now out and has turned to big -arse.

bottom out.

Madam! I thought you were on a break, if no one knows that you have begin ur beans storage business I know that you have started it.

dsonofmaan:

A non-executive director though a member of the board of directors isn't a company employee so he earns no salary. However, he is paid sitting allowance and enjoys other perks for attending company meetings and performing his other designated duties.

K

Yem0350:
K

You could as well have just kept mute.

What is "k"? are you a babe that i'm chyking?

dsonofmaan:

You could as well just have kept mute.

What is "k"? are a babe that i'm chyking?

E bi like say you don forget say na CEO you been dey talk too.

dsonofmaan:

You could as well just have kept mute.

What is "k"? are a babe that i'm chyking?

Una no go kill person for nairaland o.

I just shared the quoted post.....very funny!

In 3HD

dsonofmaan:

Some peeps have been mopping up the stock from 4naira and it kept going down; dats some 60% depreciation.

I bought the stock about a month and a half ago, I sold it at 4% loss, bought transcorp and exited with 20% ROI.

You Sir are in this for the money! And you realise the time value of money. Kudos!
I was in a similar position with Skye, when they released their unimpressive result, I exited with a 7% loss on my positions, and increased my stake in Eterna. Then saw the result of Eterna on Friday, and when Oxygen refused to do the needful by midday on Monday, I exited Oxygen fully and further increased my stake in Eterna. When Eterna started to lose steam on Tuesday, I exited fully. The funds I locked up in Skye returned 18% with a net of 10% ROI (after offsetting the earlier loss of 7%). While my Oxygen funds have returned 8% net. Since then both Skye and Oxygen have been red, while my cash has remained king. This is not a buy, sell, hold or mop up recommendation.
No one can perfectly time Mr Market, as no one is perfect/related to Josephine I . But unless Skye win the bid for Mainstreet, I dont see any positive driver for the stock in the next month. I only mop up if a stock trades sideways for about 3-4 consecutive days i.e it adjusts to a new support and has relatively positive info around it e.g if Access remains under 9.3 today I may increase my position in it.
full disclosure: I no longer hold positions in Skye, Oxygen or Eterna pending future news on these and observing market reaction to such news. This is also not a recommendation to do anything with Access

On Access
http://www.proshareng.com/news/24311
http://www.proshareng.com/news/24301
http://www.proshareng.com/news/24272

Believe what you want from the above. This is not a buy, sell, hold or mop up recommendation

one day bull and nsempa was bubling, one day bear and people dissappear. There is God oooooooooo

Agbalowomeri: one day bull and nsempa was bubling, one day bear and people dissappear. There is God oooooooooo

Am happy we all dey see am now...anytime wey dead cat bounce people go begin happy..

my only vex with this bear be say e no sabi bite the kind stocks wey I dey eye...APR, WAPCO, FIDSON, CUSTODY, 7UP.....

feelamong:

Am happy we all dey see am now...anytime wey dead cat bounce people go begin happy..

my only vex with this bear be say e no sabi bite the kind stocks wey I dey eye...APR, WAPCO, FIDSON, CUSTODY, 7UP.....

Bear no fit near elastic stocks na. So u better buy the ones wey u wan buy. Otherwise while waiting na so boom............... bull don enter. I hope una see QE don commence for EU?

Good morning everyone,please I need help from anyone who can.i just want to find out which year did nigerian government start to issuing birth certificates in nigeria.


Thanks

What is responsible for the +ve performance of FIDSON
on the trading floor yersterday?

Agbalowomeri:

Bear no fit near elastic stocks na. So u better buy the ones wey u wan buy. Otherwise while waiting na so boom............... bull don enter. I hope una see QE don commence for EU?

Has QE commenced for eurozone? I think they are still deliberating.

Anyway,when they eventually decide,we wouldnt like to see any of the "hot cash" on the Nigerian bourse -Equity valuations are becoming attractive with each bearish day.

Charlesnerd:

Has QE commenced for eurozone? I think they are still deliberating.

Anyway,when they eventually decide,we wouldnt like to see any of the "hot cash" on the Nigerian bourse -Equity valuations are becoming attractive with each bearish day.

In the news 2 days ago, plus interest rate cut

SKYQUEST: What is responsible for the +ve performance of FIDSON
on the trading floor yersterday?

Monkey hunters

Agbalowomeri:

Monkey hunters

....meaning?

SKYQUEST:

....meaning?

hunter dey find Monkeys

Agbalowomeri:

In the news 2 days ago, plus interest rate cut

Well,ECB cut interest rates and announced a stimulus plan,but not QE in the strict sense of the word.

Just culled below from telegraph.

"Draghi announces programme to buy asset-backed securities (ABS) and covered bonds in Oct, but stays away from conventional QE"