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Chibuking81's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:28pm On Jun 02, 2018
RabbiDoracle:
The oga no be Ibo na.

Na Yoruba gentleman.
Ok, please help me translate it in Yoruba language for him. Both are Nigeria language.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:46pm On Jun 02, 2018
onegentleguy:
Seems the news of some in-house fighting between 2 executive directors of GTB and the CEO Segun Agbaje may not be unconnected to the last minute fall we saw in the price of GTB today.
A friend just informed me that 2 directors of the bank (head of corporate services & corporate banking) have resigned following from some irreconcilable differences with the CEO.

In the interim, I do not think this can have any negative impact on the banks operating model/performance. ...'cause as far as I am concerned, GTB remains the strongest coperate banking brand in the country.
However it could be that some insiders in the know may have already begun to react negatively to the news.
...investors almost always tend to overreact to market related trends.

We continue to observe.

#unconfirmed
Just watching. shocked shocked cool cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:34pm On Jun 02, 2018
Loco, you would have follow sell in May philosophy. We just enter June and you buy back in June. What if you see Zenith bank price at #23 soon and #18 later? Maybe you will average down, all join.
Some friends reported how fight broke out among GTB bank directors and CEO, if GTB price goes down to #28, it will affect Zenith bank.
grin grin grin grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:31pm On Jun 02, 2018
locodemy:
Abeg stop this bear huntng.
I bought zenth yesterday.
I dont need it to go below again.


I need just small bull to sell off the entire portfolio this June and follow you completely for back.
OK ooooo grin grin grin grin grin grin grin
But am not hunting, but for real. grin grin grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:15pm On Jun 02, 2018
Agbalowomeri:
Na dangote index dey crash no be nse
Small time dey go calculate paper networth
Richest should actually be calculate in terms of cashflow, not all these bubble valuations
Dropped down of ASI, is an indication that all is not well. For instance, when Brent and WTI crude oil price started dropping, before you will know it, other will be affected too, and when you check after some days, you will find out reasons behind their fall.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m):
fxuser:
Magu shud face his work and leave banks alone ! the people dat ruined Skye bank are still walking freely .
But any idea about the banks he is talking about? Maka na nkwucha aburo ujo.( Because to be vigilant, is not fear)
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m):
http://saharareporters.com/2018/06/02/some-nigerian-banks-verge-collapse-—efcc-boss-magu

He didn't mention the bank, please which banks were at verge of collapsing. Yaradua government introduce acquisition policy, Intercontinental bank, oceanic bank and host of others, was affected, CEO sacked and their banks were acquired. While some banks like "bank of the north" was political rescue.

Instead of allowing banks to fold, sacking of bad CEO and acquisition should be more better.
Before I forget, did anyone here have knowledge of the banks he was talking about?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 11:38am On Jun 02, 2018
The next ASI support level now will be 33,000, since last Friday welcome 36,000.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 11:30am On Jun 02, 2018
https://www.thisdaylive.com/index.php/2018/06/02/bears-send-nigerian-stocks-southwards-n467bn-lost-in-7-hours/amp/

Bears Send Nigerian Stocks Southwards, N467bn Lost in 7 Hours


The bears prevailed at Nigeria’s Lagos bourse on the first trading day in June, with crucial indicators nose-diving and many blue chip stocks closing lower.

Market capitalisation in seven hours of trading shed N467 billion or 3.38 per cent on Friday to close at N13.335 trillion against the N13.802 trillion recorded on Thursday.



Similarly, the All-Share Index dropped 1,288.25 points or 3.38 per cent to close at 36,816.29 against 38,104.54 on Thursday.


A breakdown of the price movement table indicates that Nestle topped the losers’ chart for the day, shedding N42.50 to close at N1,430 per share.


Dangote Cement trailed with a loss of N17 to close at N223, while Total was down by N10.30 to close at N201.70 per share.

Guinness declined by N5 to close at N95, while Nigerian Breweries lost N4.90 to close at N103 per share.

Conversely, Cement Company of Northern Nigeria led the gainers’ table, with N1.30 to close at N27.95 per share.

Access Bank followed with a gain of 55k to close at N10.95, while Eterna Oil appreciated by 30k to close at N6.33 per share.

United Bank for Africa increased by 20k to close at N11, while Fidelity Bank gained 9k to close at N1.99 per share.

However, the volume of shares traded closed lower with 516.83 million shares valued at N7.19 billion transacted in 5,031 deals.

This was against a total of 1.62 billion shares worth N71.19 billion achieved in 5,166 deals on Thursday.

Access Bank was the investors’ delight in volume terms, accounting for 144.57 million shares worth N1.58 billion.

Sovereign Insurance followed with an account of 73.04 million shares valued at N19.69 million, while UBA traded 59.98 million shares worth N658.96 million.

Zenith International Bank traded 55.52 million shares valued at N1.422billion, while Guaranty Trust Bank sold 24.01 million shares worth N971.47 million. (NAN)
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m):
locodemy:
some stocks you mentioned has bottomed.
I see orange more than red from monday.
June is for retracement and the month Loco will leave the market completely because of election bears.
Which of them?
Election is just around the corner. Political dramas are just going on.
Some tier two banks are experiencing bear drinking water break, once the break is over, bear will resume and continue its southern marathon race.
grin grin grin grin grin grin

Bear just concentrate on heavy weight in NSE to drag ASI down to 36000 if possible 35000, it pay more attention on stocks like; Nestle, Dangote cement, Guinness, Total.
Soon, FMN, GTB, ZENITH banks, will join southern race in fullness.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 6:41pm On Jun 01, 2018
PETERiCHY:
LAGOS (Reuters) - Nigerian stocks slid 3.38 percent on Friday to their lowest level in more than six months as shares in consumer goods stocks and Dangote Cement suffered.

https://af.reuters.com/article/investingNews/idAFKCN1IX51C-OZABS

BARGAIN HUNTERS let's start warming up 2018 is the GAME.

Imagine buying

GTB @ #24
DANGCEMENT @#99
WAPCO @ #20
ZENITH @#15
SEPLAT @# 360
ETI @#14
OANDO @#3
FIDELITY@#1
DIAMOND @#1
FIDELITYBK@#1
TRANSCORP @#1
CILEASING@#1
CAVERTON @#1

You are free to add yours ..........
Some suppose to be 80 kobo candidate grin grin grin grin grin grin grin grin
Dangoteflour@ #4
Eterna @#4
What of Dangotesugar?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:55pm On Jun 01, 2018
Mpeace:
HOW ZENITH ALMOST TOOK ALL OF MY PROFIT FROM TRANSCORP AND OANDO
On 30th May, I remember buying 350,000 units of zenith bank at 26.2 because I thought the bull was around, more so that diamond, fidelity, fcmb and transcorp (among others) went on a sudden full bid. Minutes later, the bulls started losing strength so I immediately sold all the units at 26.10. At that point I was pained because of the loss and the broker's fees which all came up to almost 210,000 loss in just a few minutes.
Looking back now at the price of zenith bank(25.50) today, I have no regrets. I would have lost more than the dividend would have given me. I even think I can get it at 24.
grin grin grin grin grin grin grin grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:30pm On Jun 01, 2018
Gambling period continue
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 11:40am On May 30, 2018
At this period, NSE is the game of gambler, be ready to outsmart the gambling professional, especially in hours like this.

Things to look into at some stock on full bid, at their full offer today how many have mind to enter? And when it goes on full bid how many where opportune to enter, they will allow you to enter after the pumping, and they will dump again on you, and close the door for exit, until it get to more lower price.
We are watching

That is bear period, pump and dump. Beware cool cool cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 11:13am On May 30, 2018
mendes911:
Diamond Full Bid.
People should trade with caution, to avoid been victim of pump and dump.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 11:11am On May 30, 2018
Chomzy19:
where are all these 1m bids on Zenith from?

Seems like MM handwork.
Maybe they want to introduce pump and dump bull cool,
But I doubt, am still seeing more southern pole
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:38am On May 30, 2018
Southern journey still continue

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:51am On May 30, 2018
mendes911:
Dangote Flour. MM to the rescue. Today is beginning to look interesting. Alertness....
What happened to them before, are they looking for rescuer?
They are only looking for their fair price, at 5/7
Jobs/Vacancies › Re: Rivers State Teachers Recruitment 2012 by Chibuking81(m): 6:25pm On May 29, 2018
nnekaobianuju:
@chibueze how about your missing daughter? pls has she been found?,or am I mistaken your identity
I haven't see her, still looking for her.
Jobs/Vacancies › Re: Rivers State Teachers Recruitment 2012 by Chibuking81(m): 2:05pm On May 29, 2018
2ruconfidence:
Source pls.
https://www.pmnewsnigeria.com/2018/05/22/gov-wike-assures-rivers-civil-servants-of-promotion-arrears/

He need to pay both our February and March arrears. If he need our vote he should promote, we need the promotion, we are overdue for the promotion. Even if promotion arrears will come later, let him promote first.
Jobs/Vacancies › Re: Rivers State Teachers Recruitment 2012 by Chibuking81(m): 2:04pm On May 29, 2018
temple4real:
Gov. Nyesom Wike of Rivers on Tuesday assured civil servants of his government’s readiness to pay their promotion areas.

Speaking at an interactive forum with newsmen in Port Harcourt, Wike said the government had not paid arrears due funds constraints.

The state government has not promoted workers or paid annual increments for the past three years.

The state government has also not paid the promotion arrears of workers promoted by the former administration.

The government has been criticized for announcing openings for employment into the Neighborhood Watch Scheme while it claims it lacks funds for workers’ welfare.

Although, the governor did not categorically promise conducting promotion or pay incremental, he promised to pay those already promoted.

‘’We couldn’t pay because we had no money, but let me promise that something will be done.

‘’My stand is that promotions must be properly done, and the financial implications considered,’’ he said.

Wike said that it was wrong for government autonomous institutions such as universities to promote workers without consultations while someone else paid the salaries.

“Consultations must be made to ensure clarity and standard,’’ he said.
https://www.pmnewsnigeria.com/2018/05/22/gov-wike-assures-rivers-civil-servants-of-promotion-arrears/
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:41pm On May 29, 2018
With the nature of our NSE activities, many wishes to see some certain stock below #1 some below #2, #3,#4, #5 , #15 etc.
And they are ready to wait for ten years, if entered, while some don't want. But bear provide opportunities to turn some to multimillionaire, also turn some back to where the started.
cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:23pm On May 29, 2018
http://allafrica.com/stories/201805290606.htmlPricesAY 2018
This Day (Lagos)
Nigeria: Oil Price Falls to Three-Week Low On Planned Opec, Russia Output Hike

Crude oil prices extended losses Monday as Saudi Arabia and Russia said they might increase supplies to the international market, while United States production gains show no signs of slowing.

There are signs that output from the three top crude oil producers - Russia, the US and Saudi Arabia, would climb to meet concerns about supply amid strong demand.

Global benchmark, Brent crude futures stood at $75.35 per barrel, down $1.09 from the previous close and after touching a three-week low of $74.49 earlier in the session.

US West Texas Intermediate (WTI) crude futures were at $66.69, down $1.19, after hitting a six-week low of $65.80.

Brent and WTI have respectively fallen by 5.5 per cent and 7.5 per cent from peaks reached earlier this month.

The Organisation of the Petroleum Exporting Countries (OPEC) and other producers led by Russia began withholding 1.8 million barrels per day (bpd) of supplies in 2017 to tighten the market and prop up prices that in 2016 fell to their lowest in more than a decade at less than $30 a barrel.

Prices have soared since the start of the cuts last year, with Brent breaking through $80 this month, triggering concerns that high prices could crimp economic growth and stoke inflation.

To address potential supply shortfalls Saudi Arabia, de-facto leader of producer cartel OPEC, and top producer Russia, have been in talks about easing the cuts and raising oil production by 1 million bpd.

Meanwhile, surging US crude oil production showed no sign of abating as drillers continue to expand their search for new oilfields to exploit.

US energy companies added 15 rigs looking for new oil in the week ending May 25, bringing the rig count to 859, its highest since 2015, in a strong indication that American crude oil production will continue to rise.

US crude oil output has already surged by more than 27 per cent in the past two years, to 10.73 million bpd, ever closer to Russia's 11 million bpd.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 1:22pm On May 29, 2018
veecovee:
2 much of everything is bad too. You've made your point already. Too much of this point repetition is why we have many pages to read smiley
When you said something more than ones, it becomes too much, meaning you are sounding too much, go through your post and find out. grin grin grin grin

Anyway am not offended at all, just to keep life moving grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 3:06pm On May 28, 2018
Dwizeone:
Ask Mendes911 his experience the last time he was sounding like you grin
Is like you are a new member in this forum? cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:56pm On May 28, 2018
veecovee:
too much of everything is too bad ... Chibuking is not supposed to be talking too much at this point in time
During the last bear, exactly this word and more I received, many still at that point losses more than half of their holding. But why this stone is coming from someone like you? shocked
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:52pm On May 28, 2018
locodemy:
Chibuking81,I can see alot of people are on your neck when you are just like John the baptist preaching in the wilderness.Ride on,I am enjoying the move.Caverton,fcmb,oando,honeyflour,Transcorp & co must reach my junction for a fresh oil.
I know the attack will come. When I was telling them earlier to sell and join the waiting mode members, they refuse, only to buy more to average down. Despite the attack, I will continue because we are friends and partner in progress.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:46pm On May 28, 2018
mendes911:
I don't know oooo. But that was his analysis on Diamond. When we now cleared his doubt and asked for his price review, he left the stock and went numb. Him for "Chuck" needle for eye.
Judgment was based on q1 EPS, but when discovered that they annualized their EPS, I see nothing to judge because no sincere presentation, it was done to confuse the reader.

Main while, we are talking about the current bear. Were is it driving the market to? huh, I still see more southern drive, market is still going down, even if bull appear within this week, see it as pump and dump bull, bear is still much in action.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:28pm On May 28, 2018
bolabiyi:
I'm so scared.....2008 comes to mind...Afraid to open my cscs....
Come to think of it, this is exactly 10 year anniversary from 2008, crude oil price them was normal, all of a sudden their was economic melt down, I remember visiting my brokers in Kano state then, to fill sell other form, which was not executed.
At a time I willingly abandon some stocks with Standard Union security and CSL, stocks which include Transcorp.
From #7.50 to #13, back to 50 kobo carpark, the moment it rose to #5 some few years back, that was when I remember it and sold it off.

But real time online trade will not permit such to happen again, except if the purposely create artificial system break down for months.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:19pm On May 28, 2018
RabbiDoracle:
Imagine seeing a YE loss and a Q1 2018 reduction by 75% and they still placed a BUY on it. Na wah ooo.
Don't mind them, is like the use TTM, instead of current happening. I will not remember when last the sent stock recommendation to my email, the moment they discover that local investors are pulling out their fund, their recommendations will start flying to emails.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m):
RabbiDoracle:
Is Chibu the same as Peteru?
Not at all, different persons grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 2:06pm On May 28, 2018
2zona:
Well i believe election will come and go, and Nigeria will still remain one so long as crude oil in not yet dried up on our shores.
By 2022, many country will stop using fuel, technology is taking over.

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