Cadillac15:
DF MM JUST WOKE UP and wiped all 6.67 offers. DAMN

Nice shake out!!

mercylicious234:


Time to Jo. I just did.

dont fall for the shake out!!

but dont forget to take your profits

http://www.vanguardngr.com/2017/08/external-reserve-hits-2yr-high-naira-appreciates-nafex/

External reserve hits 2yr high as Naira appreciates in NAFEX

Then nation’s external reserve has risen to a two year high of $31.2 billion even as the naira yesterday appreciated to N367.5 kobo at the Investors & Exporters (I&E) window. Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the window, also known as, Nigeria Autonomous Foreign Exchange, NAFEX, dropped from N368.17 per dollar on Tuesday to N367.5 per dollar yesterday, translating to 67 kobo appreciation for the naira. This is in contrast to the N1.73 depreciation suffered by the naira in the market in the first two days of the week.

EMEFIELE IS REALLY DOING GOD'S WORK NOW

Foreign Reserves Rose By $554.7m In July – CBN

http://leadership.ng/2017/08/09/foreign-reserves-rose-554-7m-july-cbn/

The Central Bank of Nigeria (CBN) has disclosed that foreign reserves appreciated by $554.7 million or 1.8 per cent in July, to bring the year till date growth to 19.3 per cent. The foreign reserves closed July at $30.8 billion from $30.29 billion it opened the month under review.

The $30.8 billion foreign reserve reordered by CBN was the highest since May 12, 2017, as global oil prices stabilized and inflow from International Money Transfer Operations continued to increase.

In 2017, the foreign reserves appreciated by estimated $5billion from $25.8 billion it opened despite CBN unrelenting intervention in the foreign exchange market.

The nation’s foreign reserves appreciated by $4.45 billion in first three months (Q1) of 2017 amid CBN sustained pressure in bridging the gap between official foreign exchange and parallel market rates with the introduction of several foreign exchange windows.

"I haven't met a rich technician" - Jim Rogers.

Join the Bitcoins Revolution Now!!

Earn daily from a world Class Coy!

Join us to trade in Bitcoins here and earn 1% daily on your bitcoins investments....

YOU DO NOT HAVE TO REFER ANYONE TO EARN!!!

http://obibona.globalinvestmentgroup.us/

Stockbiz:


Seems so but the EPS is saying otherwise.

some minority shareholders are chopping pass here sha!

pluto09:
@ Prof, these are my findings on dangote flour and the noddle bussiness;

.The noodles bussiness has not been sold as at june 2017
.It represents a small fraction of the DF group with a contribution of about 1.4% to the turnover
.The operation of the noodles section resulted in a loss of about N400m as at q2

My conclusion,
the management will be happy to give out the noodles bussiness for free just to plug the hole and as such i am not expecting any major windfall in term of cash from disposing off the noodles segment.
You will do well to discount this in your evaluation of what you expect from the company.It is better to have a positive suprise than a negative one.

Wish you a very bullish week!

I thot Dangote Noddles have been sold to those Indomie guys as at April 2017....Dufil

http://www.financialnigeria.com/dangote-sells-noodles-business-to-maker-of-indomie-news-1247.html

stcool:


And you wonder why GTB is N40. FBNH is a joke!

I wont spare any stock that does not perform in 2017. Nigerian Ceo's don't care, so I wont spare their irresponsibility when I buy/sell any stock on the NSE.

This should bring some good bears into the market by tomorrow

Na who make UBA Vex this Morning??