₦airaland Forum

PETERiCHY:
The 3 musketeer

DIAMOND #1:33
FIDELITY #1:42
FCMB #1:42

Princkez:
posts on FBNH

shina88:
I just want to share this to this awesome house.

fxuser:
Diamond
- 183m traded and counting
- Fidelity won race 1
- Diamond will win race 2

wat say ye? lol

Intendy:
stocks with new 52 week highs

linkage assurance #0.63k

law union #0.91k

gtb #33.60k

Nestlé #870.00k

no new 52 week lows

fxuser:
FCMB
- umm i see u

Intendy:
Lasaco Assurance Plc:

Proposed dividend of 3 kobo per share in
respect of FY ended Dec 31, 2016, to be paid
on July 14, 2017

fxuser:
UBA
- intends to raise 500m eurobond

fxuser:
Please this is purely TA ohh.
#DYDD (do your dd)

#Randomcharting

kentoto:
Sadly, that what you get when a service is free, its open to abuse, that why real big boys pay good money for private stock alert and investment services. it eliminates noise and distraction and promotes to just one thing , how to make more money.

we see ourselves? its a shame, just when things are getting better and making sense for all of us, that is when WE want to threaten the existentence of the forum.

Let us always think twice , and consider if the intended post will benefit the house.

Good Morning.


[i][/i]if portfolio were green, you wont have time for this rubbish.

cadno:
Well if u guys like destroy this noble forum like SMN....u dont knw what impact this have done....what has religion helped us so far..

Well newbies are here to learn, pls use this forum as a give back to society.

PETERiCHY:
Well i have succeeded in helping the NEWBIES by forcing the price down to N3:98k
The GUNS is now theirs.

Let's see what ALIKO have in stock for US.

*ThE OcToPuS*

mendes911:
Who's off-loading Dangote Flour?

Tritri:
Hahahahaha OANDO...NSE oooh..

currentprice:
meaning i have use this BEAR opportunity to loaded on my eyeing stock

Coolcash1:
Mehn! I duff my cap for GTB...GTB IS A VERY STRONG STOCK....I WILL RECOMMEND IT ANY DAY ANY TIME..


Discl: Don't have it in my portfolio.

BullBearMkt:
...BullBearMkt will never stand in the way of MM, let them do what they know how to do best, then, we can analyse their handiwork!

bigass:
You are still here? Bros you haff not taya?

You so 1990 here, very irrelevant

woodcook:
house I need advice with oando ooh. Na to exit now abi make i wait small again?

PharmAlfred:
The men in black have come back. Position carefully. The market might keep moving up.




Nairametrics| In a bid to placate and lure foreign investors, the CBN introduced a window for investors and exporters looking to buy or sell dollars at a more market determined rate. The window was pitched as a market that will be insulated from the fixed price that was symbolic of other windows.

The CBN, believes liquidity will mostly be provided by dealers and will only intervene should there be strong signs of a liquidity squeeze. It appears, this scenario is playing out as investors share their experience.

Experience in the FX Window

Initial reaction to this window was understandably cautious but mostly welcomed. Investors were concerned about the manual nature of the price determination as the FMDQ will have to rely more on telephone calls to confirm prices, rather than use the Reuters engine, which the CBN claimed was slow to be adopted by market participants.

We have now received the first set of feed-backs from foreign investors, and as Bloomberg reports, they are a mix of good and bad.

Unlike last year when they were dissatisfied with the disparity between the official rate and the black market rate, the concern seems to have moved towards two main concerns.

Shortage of dollars – they claim the CBN has not provided liquidity for the window.
Manipulation – They are concerned that the CBN may manipulate the rates in the window
Despite these concerns, the report suggest investors have started exchanging dollars for naira, albeit in smaller quantities. Some have purchased treasury bills at 22%, while others have invested in bonds. Some have secured positions for investment in equities.

While investors welcomed the move, there’s still a shortage of dollars amid persistent concerns that the monetary authority, which backtracked on a pledge to float the currency last year, will manipulate the rate within the window.

For these traders, caution is still the watchword, however the lure of double digit yields and low asset prices, suggest liquidity is their biggest concern.

See the Bloomberg article here. (Ignore the heading)

holm:
Why does Sterling sell 20656units in 1million places daily?

BullBearMkt:
...like OANDO's golden cross this morning

richie9093:
Billions is a maaad series. Anybody wanting to watch it has to start from season 1; season 2 is coming to an end next week. I have learnt new terms in stock trading and how they go for/against traders.

For example, if you had bought shares of Mobil when NIPCO was about to buy 60% of its stake knowing that the stock price will increase after the deal; this is called Arbitrage. Same applies for when Dangote was about to buy TigerBrand.

There is also an episode in season 2 where these guys short the Naira.

Big Short is also a very insightful movie. I just laugh at the people on this forum when they say NSE is the most evil market in the world. Only if you know what kind of Juju happens in NYSE and NASDAQ.

I also recommend Too Big To Fail (a documentary by HBO about 2008 financial crisis -- highly recommended) and Wall Street: Money never sleeps. I highly recommend these two movies. You could add Wolf Of Wall Street too.

If you don't know where to download them, I could give you links.

Like they say, all work and no play makes Jack a dull. Take time to relax and watch these motion pictures to have an idea of how things are in other markets, you'll really really enjoy them.

Good day, brothers.

BullBearMkt:
...e be like say DANGOTE FLOUR hear wetin I talk this morning, come give small bull join body make I kuku keep quite!