₦airaland Forum

FCMB PRE MARKETS LOOKING GOOD...

fxuser:
'' Sometimes no position is the best position. A compulsion to trade leads to disaster. ''

#NoteToSelf

A sensible trader never risks more than 2% of his equity on any one trade." Alexander Elder

#TimeToTakeStocks

NuttyChoky:
That is one stock I am holding till at least one year

Stubborn man!

we are jumping in today...

UBA and FCMB..here we come!

FKBZ:
Hi feel among was there any auction ,cos I did for 364 days....abi is it cos of the public holiday......

The auction was held today..

we still await the stop rates!

Breaking: Lafarge Africa issues profit warning. Says naira "devaluation" may lead to N28bn unrealised exchange loss relating to $ loans

binaflexia:
FCMB - #1.42
DIAMONDBANK - #2.01
FIDSON - #2.25
UCAP - #2.40
HONYFLOUR - #1.42

why is UCAP so stubborn?

why is it not crashing like the others??

https://trwstockbrokers./2016/07/08/specter-of-who-is-next-stalks-nigeria-after-bank-shakeout-bloomberg/



First Bank, Diamond may breach capital thresholds, RenCap says

Risks on the increase as bad debts mount in oil industry

Zhirinovsky:
Just sent you a mail bro. Plz reply

Yes Boss!

Just replied!

FLASH: MD of @SkyeBankNigeria and some top management executives resign in anticipation of @cenbank dissolution of mgt and board of the bank

@BBoason: Sources say @cenbank to lay-off all @SkyeBankNigeria Directors, except the three execs that joined the lender about a year ago

@BBoason: Sources say total non-performing loans in @SkyeBankNigeria nearly N700bn owed oil & gas firm, etc.

Chai!!! This is clear example of how not to run a bank.

megainvest:
This actually got me thinking over the weekend! Skye has some big time customers. Something is very fishy here.

Disclosure: I am not a fan of Skye. Just an open minded investor.

Sebi na their Syaman been donate N2B to PDP during the campaigns...

I no talk anytin o!

FLASH: @cenbank plans dissolution of Board and Management of @SkyeBankNigeria, CBN to partially take over bank

UPDATE: @cenbank to hold press briefing on state of Nigerian banks at 12noon today

http://af.reuters.com/article/commoditiesNews/idAFFWN19P01T

BRIEF- Oando concludes recapitalization and partial divestment of equity stake in own stream operations July 4 (Reuters) - Oando Plc :

* Says has announced $210 million recapitalization of downstream operations by hv investments

* HV Investments II B.V., (HVI) is joint venture owned by Helios Investment Partners and The Vitol Group

* Says new company will be formed to hold interests in Oando Marketing Ltd, Oando Supply & Trading Ltd, Apapa Spm Ltd, and Oando Trippmart Ltd

* Says the Co will retain 49% shareholding in newly formed corporate vehicle, with the consortium owning 49%, and the residual 2% owned by local entity

* Says the new company will be renamed OVH Energy

* Says initial board will consist of Wale Tinubu, Group Chief Executive of Oando Plc., as the Chairman, Christian Chammas, CEO of Vivo Energy

* Says current CEO, Yomi Awobokun, will continue in his role and service stations will retain the Oando brand

DeRuggedProf:
TODAY IS TODAY......

Yes! Today is Today for Skyebank!

Prepare ur selves well! For Skyebank shareholders prepare for the worst!

angelo82:
http://nairametrics.com/dont-miss-buy-sell-recommendation-ten-commercial-banks/

Monkey hunters or snake oil dealers........Time will tell!

Me i will keep buying up UBA until Elumelu tell me he has sold to J P Morgan...

OBAGADAFFI:
7 UP

Profit for the year:- 3,347,463(2016) 7,125,788(2015)

Una no dey drink Seven up again? hian!

bejay247:
What is happening? Suddenly every where is turning green. Please price of tigerbrand and GlaxoSmithKline please.

Oga This is month end....Asset managers and PFAs all want to record a good quarter end too..

we dey wait them on the other side of the quarter..

valacious:
first bank may not be a bad idea at N3.5

Madam no come spoil market for us wey set trap for N3.05 o!

debeey87:
An excerpt from Union Dicon Result

Capital Raising Loading..........

The new owners want to start flying private jets so early in their tenure? Haba!

http://nairametrics.com/i-do-not-like-devaluation-buhari/


Buhari didnt speak well....

I will expect our market to tank more....

For now am eyeing UCAP at N1.70

http://nairametrics.com/this-analyst-explains-why-you-can-make-91-return-if-you-invest-in-uba/

Monkey Hunters on UBA

Alikote:
rate are moving up what is the reason any guru should explain is it inflation or devaluation or floating the naira

Inflation is a major driver of the higher rates...then throw in low liquidity Created by the new forex policy on the banks into the mix

FKBZ:
Pls feelamong when is the next auction date.I thought it was on the 29 June.but I guess wrong.
And also I do not want to continue using gtb bank advised rate for the auction.
Can u help predict a stop rate I can quote for 182 days for the next auction

Next Auction date is 5th July..

we need to look at the secondary market rates a day before Auction to advise on the rates..

NuttyChoky:
Possibly, the US guys will soon be joining us

Gbam! I suspect the FPIs are now mopping up!

make una allow UCap fall more na! hian!!!

fxuser:
small profit taking ongoing
offers >bids for now ! expected

#earyTrade

Almost every stock on Offer!

Good!

Now I can wait to mop up Ucap!

Dear Feelamong,

Please see below the outcome of the Treasury Bills Primary Auction which held on June 22, 2016:

PRIMARY MARKET AUCTION RESULT

TENOR (DAYS) 91 182 364

STOP RATE 9.9948% 12.30% 14.9990%

http://www.cnbcafrica.com/news/western-africa/2016/06/23/fitch-downgrades-nigeria/

make una sell una UCAP o!

forbes30:
..........MR Man.....which trap is that.....
...no make I go mountain of fire ooooo...... .....

Just enter as low as you can..

by the usual time time the Market maker will show to push it up by 7%

Today na Today...

setting my trap for FCMB market makers...