₦airaland Forum

735i:
I suspect Stanbic IBTC Nominees. Those guys no get joy!!

Oloro29:
big cross deal on access bank, over 1 billion traded. is it time to dive in

texazzpete:
You wanted the Govt to release this murderer?

texazzpete:
You wanted the Govt to release this murderer?

Jejebaba:
You are right boss. A friend in fidelity told me CBN asked his team to take 1B naira provision in the oil and gas accounts he was managing. Na this one make my liver cut ooo. The guy had to dispose most of his banking stocks to key into Tbills until clarity is seen.

NB: I am not asking anyone to sell or buy any banking stocks ooo, i just thought of sharing what i heard from him here.

fxuser:
more volatility

Jejebaba:
Guys, information reaching me has it that, CBN is really grilling banks to take more provisioning for loans in their account. Results might be rejected and my prayer is that, any results rejected should not leak to the masses before resubmitted else yawa go gas oo on such banking stocks. As it is now, i have started reducing my exposure to banking stocks drastically.

PETERiCHY:
Yes Buhari don't have any economic philosophy but Buharieconomics gave all FOREX earners a WINDFALL.

*ThE OcToPuS*

Toluway:
Attention: Agbalowomeri, Fxuser, Mende, Locodemy.
Is it possible to use the volume/bid and offer to predict price movement ?

onegentleguy:
http://allafrica.com/stories/201803020055.html

Nigeria now world highest importer of petrol !!
...and even the NNPC GMD had to admit as much. ...apparently we are the ones importing for the whole of west Africa.
This country is such a useless entity. ...we are simply just not ready yet !!

sellydion:

It was previously at fair value before being driven to this exhorted value. Excellent result.

Keep waiting for fidelity ooo. Ti omo eni ba dare ka wi, Nestle good oo my brother.

RabbiDoracle:
Someone who bought at N1000 and sees the price at N1400 will wait for N43 dividend?

No nauw!!!

Ben Johnson

dipoolowoo:
UBA Obtains $100m Loan from Chinese Bank to Fund SMEs
https://www.businesspost.ng/2018/02/28/uba-obtains-100m-loan-chinese-bank-fund-smes/

mendes911:
He tried his best for UCap and AfriPud, una still flog the stock. I wonder what you guys will do to Transcorp.

He might as well burn the result and pay fine for non-rendition of results.

Intendy:
stocks with new 52 week lows

royal #0.34k

courtville #0.29k

JB #24.85k

sovereignty #0.44k

ftn cocoa #0.42k

dn tyres #0.42k

multiverse #0.31k

unic #0.25k

stocks with new 52 week highs

NEM #2.00k

cscs #11.40k

Manonamission:
Keeping all other factors constant, shouldn't the landing cost reduce?

I would think a sort of Swap deal might be involved. Give him predetermined quantity of crude at prevailing rate per barrel in return for a predetermined quantity of refined products. A margin is agreed which leaves him with residual crude stock for his fertilizer, refined products etc that could be exported. He could go over and above the agreed quantity of crude for his export business as he deems fit though.

It doesn't really make sense buying dollars from govt to buy crude only for the same government to come and buy refined products with dollars. Abi no be so?

onegentleguy:
Heard GTB compliance is yet to be precessed. ...Pls note that this is still an unconfirmed Info.
However chances of coming to fulfilment is high since my source is reliable.

Btw, where is my ruggedprof? ...I recall advising him to be patient with ACCESS when I 1st heard some really good things about the coy.
...my ruggedprof I do hope ur still very much in the ACCESS LANE for soon u shall reap some good measure of reward.

Same source keeps whispering sweet things about DANGOTE FLOUR.
Mr TIME will surely put things in their right perspective sooner than later.

#BELIEVE
#ANDKEEPBELIEVING

NOTE: This should not be interpreted to mean any kind of recommendation. ...DD always advised pls.

RabbiDoracle:
Jabooooo

Agbalowomeri:
Tony has commenced his abracadabra

RabbiDoracle:
Jabooooo

rebekah2011:
It is not good enough when I see Finance charges for the 1st time in the financials. No explanations as to what the fund was used for. Transcorp Hotels was borrowed 3.9b in the year. Something is not just right.

Mpeace:
If true, 7.84% dividend yield is not that bad, although its not as good as 50kobo projected by some.

valentinenwoko:
No, I have Fidelity, CILEASING, Npfmcrbank, Transcorp, Oando, Multiverse, Deap Capital, Union REIT, Japaul

OBAGADAFFI:
My fear for Skye is that they don't release results on time