Naira will soon sell at 300NAIRA TO A DOLLAR

Prepping my bullion van to storm the market at the bottom of the next slide. The key drivers of the market now are the macroeconomic factors. Success will depend on the elections ending in peace and for oil price to settle at reasonable levels (eg 70USD/bbl) and the market will rebound with assurance of over 70% returns for bold investors like me (based on my current strategy). I am willing to dive in when everyone else is running. This could be an opportunity of a lifetime and I am willing to take the risk.

megainvest:
Prepping my bullion van to storm the market at the bottom of the next slide. The key drivers of the market now are the macroeconomic factors. Success will depend on the elections ending in peace and for oil price to settle at reasonable levels (eg 70USD/bbl) and the market will rebound with assurance of over 70% returns for bold investors like me (based on my current strategy). I am willing to dive in when everyone else is running. This could be an opportunity of a lifetime and I am willing to take the risk.

Hmmm interesting times await us possibly, perhaps this time around i want to get gtb@14.75,Zenith@ 12.10!
Hmm oando maybe only God knows perhaps #9.57 or lower. I need custodian to come down this time!

megainvest:
Prepping my bullion van to storm the market at the bottom of the next slide. The key drivers of the market now are the macroeconomic factors. Success will depend on the elections ending in peace and for oil price to settle at reasonable levels (eg 70USD/bbl) and the market will rebound with assurance of over 70% returns for bold investors like me (based on my current strategy). I am willing to dive in when everyone else is running. This could be an opportunity of a lifetime and I am willing to take the risk.

pray hard that your JIJO does not become JISP

bigass:

pray hard that your JIJO does not become JISP

How low can low get?

I've got my eyes on the biggies like Nestle. I need the bears to pull Nestle down. FBNH is still a goldmine.

bigass:
Naira will soon sell at 300NAIRA TO A DOLLAR

I doubt that- we are waiting and hoping this elections would just pass us by.

bigass:
Naira will soon sell at 300NAIRA TO A DOLLAR

Madam. Why do u think it would get that bad?

Before March 28, Dollar will be around 250.

Youngzedd:
Before March 28, Dollar will be around 250.

You guys should quit this empty comments that are not backed with facts or some form of analysis!

bigass:
Naira will soon sell at 300NAIRA TO A DOLLAR

Na wa for you oh..pity our country na

Oil prices have refused to stabilize at $60 per barrel or above. The central bank needs to have multiple plans for our naira or it could slide further.

Good morning @ all.

For those with the prediction that USD would soon exchange for N250/N300, my advise to you is to change all your savings and unearned salary to USD and leave NSE for those who still want to trade. With that you can make a SURE 20% ROE in few weeks time (Gteed in your mind but not in reality)

Aks:
Good morning @ all.

For those with the prediction that USD would soon exchange for N250/N300, my advise to you is to change all your savings and unearned salary to USD and leave NSE for those who still want to trade. With that you can make a SURE 20% ROE in few weeks time (Gteed in your mind but not in reality)

Processor01:


You guys should quit this empty comments that are not backed with facts or some form of analysis!

Hello you say its not been backed by fact,keep living in illusion, nobody is wishing his/her country bad but we are just here to make money from the current realities that befall our country economy. But i know your type wont believed that naira could fell to #222.50 and the much talked about devaluation would be cunningly done.So i am surprised you can say this from all current realities on ground now.Well thank God i had viewed this in august last year when i bought at #157 and i still have them till now though i planned to sell instantly buhari win the election because i know things might start changing.siddon there forumite!

@all
please what is the current third quarter eps of custodian,honeywell and fidson. Thanks!

immanuello:
Hello you say its not been backed by fact,keep living in illusion, nobody is wishing his/her country bad but we are just here to make money from the current realities that befall our country economy. But i know your type wont believed that naira could fell to #222.50 and the much talked about devaluation would be cunningly done.So i am surprised you can say this from all current realities on ground now.Well thank God i had viewed this in august last year when i bought at #157 and i still have them till now though i planned to sell instantly buhari win the election because i know things might start changing.siddon there forumite!

@all
please what is the current third quarter eps of custodian,honeywell and fidson. Thanks!

For comments such as the bolded was the reason @Processor01 asked guys to quit making "empty" comments.

By the way, your love for politics is no longer in doubt No wonder you wanted us discussing election matters on this thread. Lol. I don catch you. So you are one of those "Sai Buhari" guys.

immanuello:
Hello you say its not been backed by fact,keep living in illusion, nobody is wishing his/her country bad but we are just here to make money from the current realities that befall our country economy. But i know your type wont believed that naira could fell to #222.50 and the much talked about devaluation would be cunningly done.So i am surprised you can say this from all current realities on ground now.Well thank God i had viewed this in august last year when i bought at #157 and i still have them till now though i planned to sell instantly buhari win the election because i know things might start changing.siddon there forumite!

@all
please what is the current third quarter eps of custodian,honeywell and fidson. Thanks!

Please, I do not engage in 'motor-park' discussions.

The first devaluation was clear - crude oil prices were crashing, due to the elections and investors pulling out of the country, there was a lot of pressure on the naira (i.e demand for dollars) and didn't make any sense to keep trying to defend the naira especially considering we did not have much dollars left in our reserves. The second was done to check the banks who are one of the major culprits in all of this!

So what exactly was your point?!

Green everywhere.


The land is green.

Youngzedd:
Green everywhere.


The land is green.

please can u share with me the bid price and offer price of ubcap, custodian and nem. Thanks. Also pls can you share with me also, custodian eps because i didnt have its third quarter financial report.

Good morning Immanuelo,
I have been following your posts for a while now and want to appreciate your efforts thus far. If you don't mind, can you I have your number for personal contact?

Also, what stocks are looking at for the week?

immanuello:
Hello you say its not been backed by fact,keep living in illusion, nobody is wishing his/her country bad but we are just here to make money from the current realities that befall our country economy. But i know your type wont believed that naira could fell to #222.50 and the much talked about devaluation would be cunningly done.So i am surprised you can say this from all current realities on ground now.Well thank God i had viewed this in august last year when i bought at #157 and i still have them till now though i planned to sell instantly buhari win the election because i know things might start changing.siddon there forumite!

@all
please what is the current third quarter eps of custodian,honeywell and fidson. Thanks!

Fidson Healthcare Plc Post Year on Year Rise in Earnings Per Share

November 3, 2014 2014 9 Months Results, Fidson Healthcare Plc, RESULTS No comments


FIDSON HEALTHCARE PLC UNAUDITED RESULTS FOR THE NINE MONTHS ENDED 30TH SEPTEMBER 2014


Revenue(Millions)

2014 N7,510

2013 N7,240

%age Change (+4%)


Profit After Tax

2014 N466

2013 N382

%age Change (+22%)


Earnings Per Share

2014 31Kobo

2013 25Kobo

%age Change (+24%

I bought okomu oil when they were offering bonuses of 1:1 reason because my late uncle always said agric companies stand the test of time and they'll never fail you cos they serve the country. I really bought at a high price almost @N100 per share and a considerable volume and it plunged after the closing dates and further down it went due to electo-economic uncertainties and now i'm stuck and can't seem to pull out, my average cost is still way above N50, though i got the bonuses, but my losses there are still humongous. Any HELP Please.

immanuello:
please can u share with me the bid price and offer price of ubcap, custodian and nem. Thanks. Also pls can you share with me also, custodian eps because i didnt have its third quarter financial report.

ubcap = Bid @ 1.33 offer @ 1.36

nem= bid @ 0.56 offer @0.58

nacaz4real:
I bought okomu oil when they were offering bonuses of 1:1 reason because my late uncle always said agric companies stand the test of time and they'll never fail you cos they serve the country. I really bought at a high price almost @N100 per share and a considerable volume and it plunged after the closing dates and further down it went due to electo-economic uncertainties and now i'm stuck and can't seem to pull out, my average cost is still way above N50, though i got the bonuses, but my losses there are still humongous. Any HELP Please.

You may have to cut your loses and get out of the stock- it hovering around, N30 and maybe like that for a while because of the economic indices- value of the naira- divestment from processing/packaging to actual agric, (imagine government approach) so it may loose more stay around N28 - move up to N31-36 which is its intrinsic value- we have to wait for a change of government policy* which may not happen- then the bandwagon effect of FDI' other then that except they do another 1 for 1 it can't clock N70 in the shortest time.

Primetech:


Fidson Healthcare Plc Post Year on Year Rise in Earnings Per Share

November 3, 2014 2014 9 Months Results, Fidson Healthcare Plc, RESULTS No comments


FIDSON HEALTHCARE PLC UNAUDITED RESULTS FOR THE NINE MONTHS ENDED 30TH SEPTEMBER 2014


Revenue(Millions)

2014 N7,510

2013 N7,240

%age Change (+4%)


Profit After Tax

2014 N466

2013 N382

%age Change (+22%)


Earnings Per Share

2014 31Kobo

2013 25Kobo

%age Change (+24%

oh thank you primetech. As regard the....... pm me.

Youngzedd:



ubcap = Bid @ 1.33 offer @ 1.36

nem= bid @ 0.56 offer @0.58

thanks.

Gentlemen and Ladies, FO is on Offer. Why are people intending to exit this stock despite the dividend and bonus declared?

SKYQUEST:
Gentlemen and Ladies, FO is on Offer. Why are people intending to exit this stock despite the dividend and bonus declared?

When do they intend to pay the dividend and bonus? ALso compare the PAT, PBT and EPS of the recent result with the previous one.

However, all drop in prices is an opportunity for me.

olajide8:


You may have to cut your loses and get out of the stock- it hovering around, N30 and maybe like that for a while because of the economic indices- value of the naira- divestment from processing/packaging to actual agric, (imagine government approach) so it may loose more stay around N28 - move up to N31-36 which is its intrinsic value- we have to wait for a change of government policy* which may not happen- then the bandwagon effect of FDI' other than that except they do another 1 for 1 it can't clock N70 in the shortest time.

Thanks Jide, but during this anticipation of a general fall just before the elections, something tells me to stick around for the resolutions of the boards on what the bonuses or dividends would be. The odds are 50:50 both ways in my opinion considering my investment profile on that stock. Either waiting or pulling out like you have suggested, i may just be screwed equally both ways. I just hope it doesn't make me use long term tactics now that i'm struggling to rake in cash with minimal losses.

Good morning house , pls how do you withdraw some of your money from morgan capital , for those using Morgan
This is my first time
Thanks

lancee:
Good morning house , pls how do you withdraw some of your money from morgan capital , for those using Morgan
This is my first time
Thanks

send a request for cash withdrawal to "morayoj@morgancapitalgroup.com" . copy "info@morgancapitalgroup.com" . you can follow up your request with a call to 08107596134. Their mail server behaves funny as most mails are routed to the junk email folder so i advice you place a call to them to confirm your request.