₦airaland Forum

specialmati:
someone should assist me on how ton withdraw from morgan capital am not seeing anything on withdrawer on their platform

Send them an email stating your CSCS account number, the amount you wish to withdraw and your bank details.

Aks:
@angelo82 - Take it easy, this is an unusual time where global recession is hitting ALL especially with the continuous dwindling price of Oil, Commodities and economic downturn of China (Ripple effect across all nations). In our case, the wrongs of the past are being corrected at the moment and we have to endure b4 things take shape.

Smart Investors will still make money in this yuletide season as stocks are now recording RECORD LOW prices in 52 weeks : FBNH - N4.96, DIAMOND -N2.60, OANDO - N6.65, TRANSCORP -N1.85 etal

Five-year Low actually.

Raider76:
Market still dropping badly. It is not only Oando. What's happening?

The fall in Oando's price has to do with it's recently released results while that of UBA and FBNH is linked to the recent CBN fines. There are other banks involved but I'm not sure if their names have been revealed yet. Impairment charges everywhere... All these can create negative market sentiment.

cadno:
I noticed that the quantity traded in OandO has been very lean, 230k , today 705k units,
Please does that signify that investors are not selling or what ?, and why is the stock still on Full offer
will there be the possibility of a turn around is close-by, when there are no more sellers ??

It actually means there are no buyers as the stock has been on full offer for some days. It is well (in Myjoy's voice). The pains will alleviate soon. When Wale and co. have successfully drag the price of the stock to where they want it, they will enter the market with full force. So watch out for a spike in volume. I am not too sure ooo (I no be myjoy) . But it is well

cassimere:
I hope so. Aside seeing my cash smoke on paper, there is this dude who calls himself my friend. He forms as though he's unhappy with what is happening with Oando, but deep down he's excited that I'm making a continuous loss. He compares the strenght of his portfolio with mine. I'll love to see him disappointed. To me, its not even about cash now, its pride. lool

lancee:
Just notice today i have not been eating as much i used to , someone special saw me this morning and said i like the way u look now u have shed some weight .. I said am on diet ..she no no say na Oando result shake my body [ i dare not say it ] I can't imagine people that on 3percent are goin thru
But all is well ..thats life

Una no go use laugh kill person amid this bear.

Manonamission:
I don't think it warrants a suspension according to the rules governing listing on the NSE but a FINE.

In developed countries there is a deadline and deadline extension period after which the exchange may commence suspension and possible delisting procedures against late filers but corruption will not allow that to happen to big companies in Nigeria.

Manonamission:
I told you all, he never left the forum.

@Myjoy08/Myjoy084/Godisfaithful, on a more serious note, you need to reevaluate your style. How a serious investor will only scream buy buy irrespective of price, technicals, fundamentals beats my imagination. It just doesn't make sense to me (no offence, please).

That alone is enough red flag for any sane investor to do proper research before following Myjoy's recommendations. Like someone mentioned here, there is a reason why Sell, Buy and Hold exist. It beats my imagination that some were too blind to see something wrong in Myjoy's BUy Buy Buy recommendations.

OBAGADAFFI:
zero bid, just like yesterday.

Oando might be suspended on NSE by SEC

Just rumors flying around.

It will be good, to protect investors. They should have long suspended Oando for consistent delay in releasing their results.

joseph1013:
They are good for JIJO. The volume is just too low. That's my only grouse. Done my bit in them.

Evansmed is going to car park. Low volume and illiquidity make both stocks unattractive to investors.

valacious:
I think it's just laziness that would let you blame myjoy for your loss...( just thinking differently).

Why? Because, i believe we are all learned and informed to be swayed by an anonymous personae online. Any stock you buy or sell should be at your own discretion. Yes i agree he misled people, but that was to those who CHOSE to be misled. I am in Oando with money i sleep with two eyes shut, and i wont blame Myjoy for my buy decision.

My opinion.

Those blaming Myjoy for thier failure should hang their heads in shame.

Costain & Evansmed monkey hunters, how far?

@Myjoy, so na you dey use @Godisfaithful moniker take dey support our teeth shining industry?

Agbalowomeri:
http://www.nse.com.ng/Financial_NewsDocs/11123_SEPLAT_PETROLEUM_Q3_SEPT_2015_FINANCIAL_STATEMENTS_OCTOBER_2015.pdf

And to Seplat faithfuls, it is WELL

Wahala dey ooo. e be like say dis one dey come meet me for N120 bus stop.

Josh121:
there is a news conference by 4pm today i will like to hear what wale will say

Nothing apart from Be Audacious

Josh121:
what is the need , you cant even sell right now , no buyers so why the rush

Maybe the market makers will come and buy some units

PETERiCHY:
FASTEST
FINGERS
FIRST

And the time starts now

Imagine say morgan iTrade just go offline now...

OBAGADAFFI:
But these result Will give the management sleepless nights.

Sleepless what? It's like saying a terrorist will have a sleepless night over victims of his attack. Wale and co doesn't give a fvck.

SMC:
OandO don do many people shege. Owo community ti jona o.

Me, I hope people like Dumexoga is okay o. I saw him lurking on this thread, probably taking in the comments over the disaster that is the Oando results. I am still annoyed that I did not dump my tashere Oando shares before this car crash was publicised...I am equally grateful that I did not let greed carry me away to invest massively in this catastrophe.

Thank goodness for small mercies.

I hope so too. I also saw him among those viewing this thread. I remember the insults he gave to those who tried to warn investors against buying Oando. I am not trying to laugh at anyone's misfortune but to buttress a point that we should not always condemn those who criticize a particular stock with reasons. Instead we should carry out due diligence on their criticism and do what we think is right. I am also not saying Oando will not rise again.

SWG1:
U have no obligation to apologise unless ur trying to follow biblical principal that says follow peace with all men, and pray for those who use u and despise you. I made my stand clear on his prediction which some of those posts were hijacked from backyard to outer darkness. He is too loaded with joy that even acid spit couldn't take him outcomes of this forum, so why now.

myjoy08 our Joy, ur Joy. Your congregation of bruised and battered souls are waiting for you words of succour. Don't aboundon ur sheep and ur ministry.

#joke of the yearzzz

I think the main reason Myjoy08 deactivated his account is very clear. He got a lot of warnings to desist or refrain from his over-optimism in order to protect his reputation in NSEMPA but he refused and attracted the interest of some gullible and naive followers, perhaps, unintentionally. He had to disappear just the same way he appeared in NSEMPA. The only advice I have for victims of his ever-optimistic posts is to avoid future shock by stop being over-reliant and rise to the challenge. @Myjoy08, please come back if possible. NSEMPANs will miss you.

@B2BR, is it possible to reactivate ones account after deactivation?

Wia is oga Ucheson2?

Toyrem:
please. Keep quiet

Oando wan start wahala here ooo. Make una leave Myjoy alone oooo. He did not force anybody to buy Oando.

Pastor Ihediorama your attention is highly needed here.

myjoy08:
Absolutely yes sir. That was before when Uncle Wale still treading on the path of conscience. The moment he decided not to listen to some top advisers and heading towards securing some unfavorable deals with some greed investors after the COP at the detriment of ordinary shareholders', then one should think twice.

but you no tell your followers this one na. No wonder, as B2BR said, you suddenly stopped posting about Oando I no fit laugh abeg

Manonamission:
A 2nd read of your post after checking the result got me cracking. So Uncle Wale knows there are "matters arising" from this result. Damage control needed on the floor of the NSE. Chai!!!

I am almost sure of one thing though, they have a plan to protect the share price. Hence the need for this meeting. Why schedule a meeting same day result was released? The unfolding events might also give us a clue to the 60M units traded the other day. A big boy couldn't just bear it any longer (my own theory). Forget the corresponding price increase.....that one na O and O gimmick.

feelamong:
clearly Wale and friends were mopping up the shares..
but that cannot save them! how many dem wan mop finish.....
lets see how much loss their 3rd qtr go post make we fixe entry price........buying Oando wan turn to sports betting soon!

I knew there were more to the spikes in volume traded on Oando for the past 2 days. They timed the release of the result and are definitely planning to buy cheap from the imminent panic selling.

#BeAudacious

Let's not be surprised if uncle T comes to the floor to mop up all the offers on Oando. The guy get plan wella

It has happened ooooo. Wia is oga SWG1, and B2BR?

http://www.nse.com.ng/Financial_NewsDocs/11110_OANDO_PLC_AUDITED_DEC_2014_FINANCIAL_STATEMENTS_OCTOBER_2015.pdf

http://www.nse.com.ng/Financial_NewsDocs/11113_OANDO_PLC_Q1_MARCH_2015_FINANCIAL_STATEMENTS_OCTOBER_2015.pdf

he he he

Born2berich:
This is what i said earlier in the morning...They simply did a short and distort process all this while to get the price down and now they want to do a P & D on the price. Naija i hail you.

I concur with your opinion. I think it is uncle T mopping up after dragging the price down. This is a very common and illegal share buy-back technic in the NSE. I don't think Oando's result will be fantastic, if not, why the delay in its release? They intend publishing FY'2014, Q1, Q2 and maybe Q3'2015 at the same time as they did last year and SEC is not saying anything about it. If na small companies dey default like this SEC for don delist their head.

feelamong:
omo dis na wicked result!!!

198% growth on other income......clearly this is securities/bond trading income!

i was just telling someone about the amount of monies banks and PFAs made when the yields spiked when JP Morgan left the bond market..

imagine buying bonds at 16.5% and now selling at 13%

Sure. Their FY'2015 report go bam wella.

Born2berich:
Access bank has been impressive of recent...any news on the Elephant?

For wia...

passwelle:
Access Bank Q3 2015
http://www.nse.com.ng/Financial_NewsDocs/11062_ACCESS_BANK_PLC_Q3_SEPT_2015_FINANCIAL_STATEMENTS_OCTOBER_2015.pdf

Full bid things.

Born2berich:
When i saw the amount being pumped this morning i shook my head in disgust as some people were forced to sell at a loss. Short and distort is illegal just like P& D but this is naija, anything goes. NSE and SEC dont even know how to protect shareholders from this manipulations.

Na only God dey protect shareholders in Naija. One has to be very careful investing in the NSE even if you're for long term.