₦airaland Forum

angelo82:
MyJoy is right about UBA......That stock is really flying.......I will have to see it to the end before I can sell......Thank God I bought at 4.46......FBNH is up too..........Only Access Bank is stagnant,hopefully it will move soon.......

Seems profit takers are on FBNH , For Access tomorrow is the close of registar [I think so ] , lets see if its goin to move ... uba the thing pain me small i issed the train , but am waiting if it will come down to 5 i can enter , to buy now ..dont know


Or are pple dumping Acccess to buy Uba ?

Good evening house , anyone with today's Tbill rate

myjoy08:
...and you can buy low and sell high sir? Your permutations will wait for so long (lol). Try and sell all your holdings now and see if you can buy UBA @6 Naira in few days...lol?

If one is not very careful u keep going round in circle in this stock market , u sell and to get in again.. u may not beable to re-enter at a lower price .. wisdom is needed

myjoy08:
Same question here ! I thought this forum is called NSEMPA not FARMSEMPA...lol

orisirisi

wetin be this

U re right , u get it at lower price if u can time it the better

angelo82:
I have no fear though because the stock seems defensive even though is not going up as quick as I desire but ts not falling anyhow.....So I will wait at that junction and sell it off.....The most important thing in this market is timing of buying at the lowest price....

myjoy08:
Sir, the clock will thick back to FCMB soon. A stock to hold towards 3rd quarter and last quarter of the year. One of the stock to watch...and if you are lucky to get it below that price, it is a win win situation.

yeah, am watching ..thanks sir

Entered @ 6.60 that was late isn't it ? but i sold all my access holdings mths back @ 9plus .. i will still hold on

angelo82:
I was hoping to sell when it reach 8.50 because I entered late at 6. but still hopeful but next time,I will only buy when is below 5naira.......On Uba my stock is 20% up but I will wait till its 40% and fbnh is 15% up and hope it can get to 30-35% so that I can offload everything and re-enter after sometime...........

angelo82:
Don't buy FCMB now....You should wait for it to come down a little more.........

ok thanks sir

myjoy08:
Sir, barely moving ke? Do you want to buy it when its moving? Very soon, you will the face on the wall . Maybe u should wait and buy it @9 Naira...lol

Mr joy08, what do you think abt fcmb at the current price , be like say its changing gradually

I don't see it coming down to that level for now

angelo82:
Actually the best time to buy stocks like Access is when its down to 4.50k......But lets see till next week.....

angelo82:
But Access is barely moving......So whats the expo?

I think every stock had its time , Hope Access own go come soon

3.20

[quote author=angelo82 post=32985855]Thanks......Whats wrong with Access?....


I don't really understand , watching closely btw tomorrow/ fri
bid 16m offer 10m

angelo82:
Please whats the current price of UBA,ACCESS,FBNH and AFRIPRUD?

uba -5.60, Access, 6.72, fbnh , 10.60 , afri-2.94

4dchairman:
Good morning , meritrade is down , kindly update me concerning the following stocks- Oando, fbn & transcorp .

oando -19.19, FBnh -10.60 , transcorp -3.14

Born2berich:
I believe so, na to look for another stock now. Any recommendations?

Thot as much , to buy now UBA dey do me somehow
Still watching
All the gra gra for oando , whats goin on pls with Access

Group Reveals Increased Inflow of Foreign Portfolio Investments in Nigeria


22 Apr 2015

President of Association of Assets Custodians of Nigeria (AACN), Mrs. Kemi Adewole


Nume Ekeghe

The Association of Assets Custodians of Nigeria (AACN) has said that the country has recorded an increase in the volume of foreign portfolio investments (FPIs) in the past few weeks.

President of AACN, Mrs. Kemi Adewole stated this yesterday at a media briefing to announce the association’s upcoming investor annual conference.
She noted that the development was largely influenced by the peaceful outcome of the general elections.

Adewole said: “As we speak, we have already seen greater inflows from the foreign portfolio investors. They have different strategies when they come into the country, some come in to trade and leave while some invest on a long term.

“Before the elections, because they were not sure of the outcome of the election, a few of them stopped trading actively, a few withdrew from the market but immediately we had the elections and the outcome was peaceful we have seen them come back into the market. So the response has been a very positive one.”

She also announced that the association’s fourth annual investor conference would hold on the 7th of May, 2015, in London with the theme of the conference titled: “Nigeria Navigating changes, Extracting opportunities.”

The purpose of the event is to provide expert insight on current market trends in Nigeria and also an opportunity for foreign investors to interact with market operators directly and is sponsored by the FMDQ OTC plc and the Central Securities Clearing systems (CSCS).

"This year, the theme is concentrating on the opportunities in the market and as custodians. We deal with a lot of foreign portfolio investors and we take that upon ourselves to ensure that foreign portfolio investors continue to invest in Nigeria and ensure they have a good understanding of the market." Adewole said.

Expected speakers and discussants include the Governor of the Central Bank of Nigeria (CBN, Mr. Godwin Emefiele, The acting director general of the Securities and Exchange commission (SEC), Mr. Mounir Gwarzo, the Executive Director, Market operations and technology, Nigerian Stock exchange (NSE), Mr. Adeolu Bajomo and the CEO of CSCS Mr. KyariAbba Bukar, amongst others.

Also, the Second Vice president AACN, Mrs. Taiwo Sonola said: “We are beginning to see more investors coming into the country because they are more comfortable that the country is stable and Nigeria which is an emerging market and we believe in the next year or two we would have a larger inflow of investors into the market.”

On his part, the Vice President, AACN, Mr. Akeem Oyewale said: At this conference, we are taking with us the CEOs of thre exchanges in Nigeria which are the CEO of FMDQ OTC, NASD plc and the executive director of the NSE.
They would tell the investors on the offerings they have in the market and we expect that there would be a lot of engagement between them and the investors they would meet.”

“This platform has enabled foreign portfolio investors to network with regulators directly which has improved confidence in the market, “he added


Tags: Nigeria, Featuered, Business, Kemi Adewole

Then i am loading , transcorp , uba , pz , oando tomorrow

Pls no be me talk am oo

''If it can reach '' Only IF , it might not and it may ..The sell button of FBNH depend on yourself , we were only suggesting cos no one can time the market

If anyone feels its not too late you can join the train and its too late wait for your time , .. Tomorrow FBNH may nose dive , every action taken at ur own risk and time

Yeah i saw that as well on proshare , but what i saw on NSE website FBH Holdings 10 kobo 1 for 10 4th May 2015 closure of registar , beta t sell after ,even at 14 -15

angelo82:
Are you sure is 4th May?I saw a different date on Proshare just now but it doesn't matter but am sure that it will keep going up till the closure of register or 2 days after.......If it can reach that 15Naira junction,the most sensible thing to do is sell and wait for two weeks after to buy again because the real bear on FBNH will start by then........Except if there is another reason behind the upswing of the stock......But its time to be vigilant...

Well make we dey watch , profit taking people go cause holdup
Still have up till 4th may for closure of registar for those that want 1 for 10 bonus


[quote author=angelo82 post=32957346]I hope we reach 15naira by next week..
.......

[quote author=angelo82 post=32957346]I hope we reach 15naira by next week.........

Well make we dey watch , profit taking people go cause holdup
Still have up till 4th may for closure of registar for those that want 1 for 10 bonus

angelo82:
FBNH is now 10.44k.........

We re moving gradually to 11

me3000:
please post here when NSE FIX back

Does that mean there is goin extra hours of trading or what

itrade closed , hope everything is ok

Born2berich:
FBNH is still looking good.

Yeah looking good

19.99 oando at the moment

Ohh ''Nobody can time the time '' am happy to hear this now , few mths ago some were timing

inviix:
my sister, kindly break it down in lay terms, I'm a newbie in this.

how will it affect someone who bought some 200k units last week?

Thanks.

U re welcome sir