Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,174,452 members, 7,891,891 topics. Date: Tuesday, 16 July 2024 at 09:59 PM

BBFE's Posts

Nairaland Forum / BBFE's Profile / BBFE's Posts

(1) (2) (3) (of 3 pages)

Sports / Re: The NBA Begins by BBFE: 2:49am On May 15, 2018
This Fulani Durant ain't joking o.
Sports / Re: The NBA Begins by BBFE: 11:16pm On May 13, 2018
NictisZorander:
I wonder if Brad Stevens will also get fired after the Cavs sweep them. SMH.
Sports / Re: The NBA Begins by BBFE: 10:47pm On May 13, 2018
NictisZorander:
Biggest moment in my life in a few hours. Logging off, you lot can have your field day today. Just make sure you maintain the same intensity after game 2. Have at it.
Omo ale yi ti lo

Come back na
Sports / Re: The NBA Begins by BBFE: 10:45pm On May 13, 2018
NictisZorander:


I'm not in charge here man, your mum is.
Maybe we should move game 2 there
Sports / Re: The NBA Begins by BBFE: 10:40pm On May 13, 2018
NictisZorander:


Ask your mum. She won't let me come. cheesy

You mean you left the court after the 3rd quater

Sports / Re: The NBA Begins by BBFE: 10:36pm On May 13, 2018
NictisZorander:


Down to 14. grin grin grin

Mark me, the king in the fourth isn't even having a good game. Neither is the knight in the fourth sir Fourth korver. Here we come. cheesy
Are you still coming, because we are waiting for you.

Sports / Re: The NBA Begins by BBFE: 10:32pm On May 13, 2018
The Cavs are cutting the lead

1 Like

Sports / Re: The NBA Begins by BBFE: 10:26pm On May 13, 2018
The Cavs are leading here

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by BBFE: 8:50pm On May 11, 2018
Agbalowomeri:
Are you sure Diamond has a MM?
Stanbic is their primary market maker while fsdh is their supplemental market maker. See the links to all the market markers and their stock of coverage below.

The point is that market making is dormant for now as most of these firms suffered huge losses immediately they got the mm license.




http://www.nse.com.ng/products-site/equities-site/Pages/Primary-Market-Makers.aspx

http://www.nse.com.ng/products-site/equities-site/Pages/Supplemental-Market-Makers.aspx

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by BBFE: 8:32pm On May 11, 2018
Chibuking81:

You don't think that some companies has stockbroking firm, while some has representative, also with lesser commission charged.
Have you ever asked, who are the men in black?, minus market makers some stocks will not be where they are today.
With experience from this market, I believed that Diamond bank don't joke when it come in defending their stock, let's watch, coming week will surprise you, and also add some experience to your data base.

Anything that will happen next week is going to be in line with market dictates.

Diamond will reverse when buyers think it has taken enough beating and not because there is one market maker or men in black somewhere.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by BBFE: 8:02pm On May 11, 2018
Chibuking81:

The market markers will not allow their bank to suffer, don't be surprise seeing Diamond bank price ahead of Fidelity bank before this month end.
Their price might not go below 1.75 or 1.80, as far as their co competitors FCMB and Fidelity stays around 2.4 and 2.5, Diamond will stii catch up with them.
Diamond bank might touch 2 next week.
Market making is more on paper than practice in this market.

The market makers are stockbrokers that are in business to make money. They do not have any grant or free funds to make market or defend price.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by BBFE: 12:04pm On May 04, 2018
onegentleguy:
After someone here had repeatedly posited that the price of Dangote Flour is been manipulated, I decided to follow thru with some investigation yesterday.
...and YES I can now confirm without an iota of dispute that the stock is indeed been manipulated.
Let me leave out my findings for yesterday since that is currently still under some investigation.
But here's what happened this morning;
Precisely at between 9.16- 9.20 am, the very 1st 5 to 6 trades that were executed on DF were done at trades of N11.50, N12 and N12.05. ...It opened at N11.50, went up to a high N12 and N12.05 before dropping back to N12.
...and since these trades were done at above the bulk of 50,000 units which is required for any stock above N5 (category B stocks) to capture the high and low intraday prices, N12.05 thus became the day high, while N12 became the day low as at the time.
I personally saw these trades myself on the morgancapital platform. ...they were actually the 1st 5 to 6 totalling a little above 600,000 units in volume.
But all of a sudden, the high and low of the trades were pulled off.
On noticing this I immediately put out a call to the current CEO of Morgancapital, Sir Muyiwa. ...there and then he also confirm my observations as explained and even confirmed that some of the aforementioned trades were done by customers of Morgancapital.
...so why was the said trades taken down? he would'nt know, but assured me he'll get to the route of this and get back to me. I am still on with him, but meanwhile my simple advise is this;
If u own this coy (DF), don't sell. Take it or leave it, the price is currently been manipulated.

...more revert in due course.

Confirmation bias playing out here.

Absolutely appreciate your analysis here, but not this one.

No one is manipulating anything. While it is not impossible to manipulate Alhaji's stock, the broker community is well aware of the implications of such move.

They've tried it with Cement before and he used someone as a scapegoat. And in this particular case, anyone could pull that stunt to move the price limit up because it could be done with few volumes and to spur a reversal.

His stockbrokers are on both sides of the order book and it is possible that they are the ones that moved it to 12.05.
Investment / Re: Treasury Bills In Nigeria by BBFE: 4:41am On Apr 28, 2018
zamirikpo:


Seconded.

In fact the dollar spike in 2015 was fuelled by the massive hoarding of hard currency by polithiefians, caused by the uncertainty of a new govt.

Remember how many homes Dss raided and recovered hard currency...

What are you seconding? Someone just puts up some cut and nail self serving analysis to deny the reality on ground and you are seconding him?

The dollar rally against the naira was purely an oil price story and nothing more. The hoarding and trading shenanigans that followed were off of that event.

Oil closed below 40 dollars in 2015 and that was the reason why your naira lost ground, speculators were emboldened by this fact and they wrecked the naira.

If you expect the naira to plunge, the play shouldn't be locking in high rates but to buy dollars. In his self serving analysis up there, he said oil prices are not sustainable without noting what America would do on May 12. That aside, how much is our fx debt? What is our external reserve? Is our demand for fx going to increase or decrease? Are foreigners going to exit before elections or not?

When you put everything together, the odds are definitely in favour of a loosely stable naira.

3 Likes

Sports / Re: The NBA Begins by BBFE: 3:48am On Apr 28, 2018
donlittle25:
My Jalamia will pay for your waec

grin

Bros, no need na. Take it down.
Sports / Re: The NBA Begins by BBFE: 3:44am On Apr 28, 2018
A40:
You're a wasteman. Just cry yourself to sleep! All this Jaguda [/b]you're doing here is for our entertainment. [b]Weyrey alaso

Bros, are you from isale Eko.

Game on. Lets go Thunders
Sports / Re: The NBA Begins by BBFE: 3:00am On Apr 28, 2018
Lance gaga shuffling.

Too much sauce - commentator
Sports / Re: The NBA Begins by BBFE: 2:58am On Apr 28, 2018
Weyreh yen da?

Lance will guide Bron in game 7 and that should give the Pacers an edge.

Issa blowout, 29 points lead.
Sports / Re: The NBA Begins by BBFE: 2:54am On Apr 28, 2018
A total domination by Oladipo and the Pacers, an intoxicating performance - commentator
Sports / Re: The NBA Begins by BBFE: 2:45am On Apr 28, 2018
Issa blowout.

If not for the ref that didn't call the goal-tending block, it would have been the end of the road for the Cavs tonight.

I doubt if the Pacers can beat the in game 7, especially that they'll be playing at the arena.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by BBFE: 3:26pm On Apr 27, 2018
Mpeace:
IFRS, who knows its requirements as it relates to banks. A source said it places a duty on banks to take the full year's impairment in q1. How true is that.

How do you know full year impairment in q1?
Sports / Re: The NBA Begins by BBFE: 3:46am On Apr 24, 2018
Gobert; more blocks to come
Sports / Re: The NBA Begins by BBFE: 2:54am On Apr 24, 2018
Harden and Rockets don vex
Sports / Re: The NBA Begins by BBFE: 3:43am On Apr 23, 2018
Donlittle:


correct guy. every now and then, you can give him one or two punches and he will siddon quietly

grin

Trust me, I know where to punch. grin grin

At least we have class monitor here, behave or get kicked.
Sports / Re: The NBA Begins by BBFE: 3:40am On Apr 23, 2018
I pray it doesn't happen but it is about to.

Sports / Re: The NBA Begins by BBFE: 3:26am On Apr 23, 2018
Donlittle:
I see you are doing are good job BBFE ignoring our angry resident here grin

grin grin grin grin grin grin grin grin grin grin

Positive energy only. At least I got that from the self acclaimed greatest basketball player in the world.
Sports / Re: The NBA Begins by BBFE: 3:19am On Apr 23, 2018
ipledge5:
Cavs can’t play Pacers for real, when I saw 15 points lead toward the end of 2nd quarter, I know it won’t last. I see 3-1 grin



It has been cut to 2

Sports / Re: The NBA Begins by BBFE: 3:18am On Apr 23, 2018
That was how the dodged the Bulls last playoffs by coming second because they Bulls swept them in the regular season.
Sports / Re: The NBA Begins by BBFE: 3:17am On Apr 23, 2018
I think combining both conferences to select the top 16 and matching them like we have now (1 and 2 play 16 and 15 respectively) would guide against having a very weak team making the finals because they won a weak conference.

In my opinion, I do not see this Cavs side going past game 5 with the Jazz or the Wolves.

1 Like

Sports / Re: The NBA Begins by BBFE: 3:08am On Apr 23, 2018
There is no problem scoring 23 of the 60 points as a PF but having the highest assists of 4 so far when the PG has only shows a team that is strategically deficient.
Sports / Re: The NBA Begins by BBFE: 2:56am On Apr 23, 2018
Donlittle:
A lot of cleveland players and pacers players haven't played well in this series.

Pacers is the weakest team in the East this season. It is the Cavs that are the worst performers in the playoffs so far given their pedigree

1 Like

Sports / Re: The NBA Begins by BBFE: 2:53am On Apr 23, 2018
10 points lead at the half, it was 17 the last game, so the game is still open.
Sports / Re: The NBA Begins by BBFE: 3:13am On Apr 21, 2018
The Celtics would have been the undisputed champion in the east given the great system Stevens have built there but injuries dealt them a blow. IT left and he got a better replacement in Kyrie.

What did Tyronn do? He brought IT to replicate his MVP level performance at the Garden in the Arena forgetting that too many all stars spoil the party. What is Tyronn known for, I have Lebron. The sixers, raptors, celtics all have a system and they bring in players that fits it.

The Cavs should go and learn how to trust the process from the sixers. Having the highest player turnover in a season for a team that is not changing their system of play goes to tell how aimless the Cavs have been.

1 Like

(1) (2) (3) (of 3 pages)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.