₦airaland Forum

forbes30:
........ http://abokifx.com/liquidity-crisis-may-trigger-fresh-capital-raising-banks-thisday/ ..............

OBAGADAFFI:
You just hit the nail on the head with the bold.

Amongst all the banks only GTB can boost of sound fundamentals not even Zenith.

But some of us will still do buying and selling on these others banks if there is a sign on making profit.

For example, I won't look away from Skye Bank if it IS selling at 0.10k on full bid.

As at today, fundamentally sound stocks are scarce on the floor of our NSE.

The only fundamentals for me is cashing out my little profits.

oghenebiko:
Abeg who get details of the fact behind the figures presentation by Oando yesterday. I been think say NSE go publish am.

Coolcash1:
Market won't open until Friday as FG has extended the public holiday to Thursday....I am tired of this our penchant for holidays...

Born2berich:
Are you comparing infinity trust to the likes of skye bank? Seriously? How many people trade in infinity trust when compared to skye bank?

Mfunkynation:
bros, abeg... honyflour, diamond n fidson been release dia Q1 n Q2 result?

OBAGADAFFI:
Are you really taking that guy serious.

binaflexia:
I'm new to trading stock, I'm not sure I was around when PETERICHY did the advert, I entered about 5.80. Purely a gamble.

OBAGADAFFI:
Skye bank on FULL OFFER, serious losses.
Great i jumped up @1.12
Oando on FULL BID, making early gains.

rebekah2011:
Bouncing back from loss indeed. People should learn to look at financials. The positive of 4.1 billion they want us to see came about simply because of deferred taxation. The company still made a loss in Q1.

gbolah4real:
Oando bounces back from loss with N4.1bn profit after tax

Oando Plc, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, yesterday announced unaudited results for the three months period ended 31 March, 2016, with profit after tax standing at N4.1 billion.

The company’s Q1 results are a welcome contrast for investors and shareholders alike, following Oando’s dismal 2015 financial performance which was significantly impacted by impairments and foreign exchange pressures.

Read more at: http://www.vanguardngr.com/2016/07/oando-bounces-back-loss-n4-1bn-profit-tax/

Godisfaithful:
Sir, As from third quarter of this year CBN will take a very tough sanction on any company listed on the NSE delaying result without any reasonable justification. They want to ensure utermost transparency and accountability

Godisfaithful:
http://www.nse.com.ng/Financial_NewsDocs/14081_FIDELITY_BANK_APPOINTMENT_CORPORATE_ACTIONS_JUNE_2016.pdf

http://www.nse.com.ng/Financial_NewsDocs/14086_SEVEN_UP_AUDITED_MARCH2016_FINANCIAL_STATEMENTS_JUNE_2016.pdf

http://www.nse.com.ng/Financial_NewsDocs/14078_ROYAL_EXCHANGE_-_DEC_2015_AUDITED_FINANCIAL_STATEMENTS_JUNE_2016.pdf

ExLaidback:
A little word of advice to newbies on this thread.

Most people here post or talk a lot about their gains and not so much about their loses.

In my own very little experience, slow and steady is a very good strategy for this game especially if you're a rookie. In fact it's just as good if you're accomplished.

As the saying goes, even a blind pig would occasionally find some truffle, so when you make 30% on a trade you smartly entered without DD or because some fella on here whom you respect was screaming buy! buy!! buy!!! You'd soon lose it all or even more.


N.B: Don't read this now and say 'ah! EXLaidback is a guru, let me send him an inbox'. Nothing I've said above is new, I'm just a learner o.

Study to show yourself approved!

cadno:
Please BITL when is Cadbury's payment date..