Uacn!normal junction loading.

Mpeace:
Lol. I had to read the post again to see where he was mentioned, but couldn't.
Now I know...

That is definitely not the OGG I have come to respect. A million miles far from it!

Loco, OGG, CP - please remember the 1st topic in DE-ESCALATION 101 is Hold your counsel!

PETERiCHY:


OANDO will close the year @ circa N5 so wait except you are in dire need of cash.

As for HONEYWELLl na LOCO be their bus conductor so he's in a better position to answer

Nna m, you know well enough that you never make absolute statements in stock markets in general never mind Nigerian stock market particularly.

Asmaraabc:
Regards to all for very useful lectures am receiving from many of you through this forum. Anyone candid advice is needed this time around to guide me in taking decision on an issue. A particular amount is being kept in fixed deposit for my son's education but due to reduction in MPR by CBN, the investment rate is badly affected and dont want to roll it over any longer. Will appreciate any better option(s) from this group on how to manage the fund.

Cc: OGG, CP, Prof, MCY, Infinitis, Valueinvestor, RabbiDoracle & others

I think you should just follow what Pa Emma has said or better still hold your cash and do some observation/reading for now.Most stocks have moved for now,so na siddon look we dey.So you might have to wait for another period of high pessimism (bear),so that your margin of safety will be 'tight'.cos it's always better to think of how much you stand to loose,rather than how much you stand to gain.However if you are still compelled to invest in stocks,you may look the way of Dangote cement (at 138), caverton (2.40), cap place (23.15) and Nacho ( 2.33) using limit orders.
Please do your due diligence as am not a financial analyst

jideflash:
Let's play a game today, predict the stock with the highest gains and loss of the day.

NB: this should shouldn't be taken as Stock recommendation.

Wema may surely hit 8-10% intraday ,but may not close as Highest gainer

bigjay01:


That is definitely not the OGG I have come to respect. A million miles far from it!

Loco, OGG, CP - please remember the 1st topic in DE-ESCALATION 101 is Hold your counsel!

Apologies my Oga !!
...Pls forgive my bluntness.

It just irritates me when some persons only seek out for means to DECEIVE just to fulfil their selfish desires.
They forget that they have kids(or would later bear children) who would either grow up 'to stew' from their nefarious acts or become far worse/awful figures in society.
They forget that God is NEVER asleep !! ...and that what u do TODAY, u shall reap in TIME.
It's indeed a shame !!

Pls accept my warm regards.

"The words we say and the way we say them tells a lot about who we are - more than we can imagine".

E ku market o.

RabbiDoracle:


Something that will soon close up the gap.

The strength lies on fidelity for now.
If fcmb must close the gap today, Fidelity has to adjust in price let's say 2.15.

But the tension is no more.Market continues.

Mcy56:
"The words we say and the way we say them tells a lot about who we are - more than we can imagine".

E ku market o.

How market?

locodemy:
How market?

We still dey observe o.

Mcy56:

We still dey observe o.

Market tempo is down generally.
Bids vs offers are not matching.
People are not shifting ground

locodemy:


The strength lies on fidelity for now.
If fcmb must close the gap today, Fidelity has to adjust in price let's say 2.15.

But the tension is no more.Market continues.

Mr Loco...are you sure you have not sold?...lolll

Please house,what's the minimum amount to open account with Morgan

i can not open morgan from my browser is anyone experiencing same?

Calebbold:


Mr Loco...are you sure you have not sold?...lolll

The volume sold so far shows no panic.
We are still observing.

edwardaigb:
i can not open morgan from my browser is anyone experiencing same?

Change the browser. For instance, if you're using Firefox before, change it to Google Chrome.....cos Morgan is working fine.

locodemy:
The volume sold so far shows no panic.
We are still observing.

Loco, the result seems priced in before it was released.
No panic sale except when market first resume, and it's stabilizing now..

Mcy56:

Change the browser. For instance, if you're using Firefox before, change it to Google Chrome.....cos Morgan is working fine.

pls what's the minimum amount to open account with Morgan

Princkez:
pls what's the minimum amount to open account with Morgan

As low as 5k if I'm right, someone even said its Zero naira......but make it 20k at least.

Mcy56:

As low as 5k if I'm right, someone even said its Zero naira......but make it 20k at least.

thank you very much

Market is dull today. Where is our big bros with hot money nah?

My respect and regards to all who have remained matured and kept the peace.
Happy new month good people.

Non-interest income came in strongly during the quarter (+60.5% QoQ to N12.3 billion), largely bolstered by reversal of c.N4.8 billion relating to provisions for litigation deemed no longer necessary. Other components of fee income were relatively flat QoQ.

Adjusting for the impact of the N4.8 billion litigation-related reversal, which we believe is non-recurring, FCMB would have made a loss of c. N1.5 billion in Q3'19. This is concerning, in our view.https://www.proshareng.com/news/Stock---Analyst-Updates/FCMB-Group-Plc-9M-19---Earnings-Falter,-/48243

FCMB result is not good. But the "promoters" will not let it fall. Not without a fight.

Valueinvestor:


I think you should just follow what Pa Emma has said or better still hold your cash and do some observation/reading for now.Most stocks have moved for now,so na siddon look we dey.So you might have to wait for another period of high pessimism (bear),so that your margin of safety will be 'tight'.cos it's always better to think of how much you stand to loose,rather than how much you stand to gain.However if you are still compelled to invest in stocks,you may look the way of Dangote cement (at 138), caverton (2.40), cap place (23.15) and Nacho ( 2.33) using limit orders.
Please do your due diligence as am not a financial analyst

cap moves like GTB in capital appreciation during bull period

@Mcy, thanks. i was out of the market since may trying to come back, wetin person fit buy and commot by april next year? thanx

For long now I noticed that any stock that moves up faster before releasing of their result most at time have bad result, and most good stocks that drop in price before their releasing of result come out with good result.

Mpeace:
Non-interest income came in strongly during the quarter (+60.5% QoQ to N12.3 billion), largely bolstered by reversal of c.N4.8 billion relating to provisions for litigation deemed no longer necessary. Other components of fee income were relatively flat QoQ.

Adjusting for the impact of the N4.8 billion litigation-related reversal, which we believe is non-recurring, FCMB would have made a loss of c. N1.5 billion in Q3'19. This is concerning, in our view.https://www.proshareng.com/news/Stock---Analyst-Updates/FCMB-Group-Plc-9M-19---Earnings-Falter,-/48243

FCMB result is not good. But the "promoters" will not let it fall. Not without a fight .

You forgot to add with "All Due Respect".

Are you talking about WAPCO & FCMB cos i seem to have the same question somewhere in my head?

Chibuking81:
For long now I noticed that any stock that moves up faster before releasing of their result most at time have bad result, and most good stocks that drop in price before their releasing of result come out with good result.

Continsure:
I filled my e-dividend form and sent via email to their registrar.
Next reply from Registrar: Your completed e-div mandate form has been adopted and will be process shortly.
Me. Thank you sir.

Mpeace:
Non-interest income came in strongly during the quarter (+60.5% QoQ to N12.3 billion), largely bolstered by reversal of c.N4.8 billion relating to provisions for litigation deemed no longer necessary. Other components of fee income were relatively flat QoQ.

Adjusting for the impact of the N4.8 billion litigation-related reversal, which we believe is non-recurring, FCMB would have made a loss of c. N1.5 billion in Q3'19. This is concerning, in our view.https://www.proshareng.com/news/Stock---Analyst-Updates/FCMB-Group-Plc-9M-19---Earnings-Falter,-/48243

FCMB result is not good. But the "promoters" will not let it fall. Not without a fight.

I will not be surprised if our in-house analyst attack proshare as an enemy of fcmb who want the price to fall so they can buy for themselves at a cheaper price

mendes911:


You forgot to add with "All Due Respect".

Lol. Make I just put'm here: With " All due respect"

With all due respect, UACN did full offer at N7.20, albeit for a short while.