₦airaland Forum

Mcy56:
Oga Kola doesnt come often to the forum, if not he would have known you were referring to yourself. Lol.

Boss, if I hear that beer again! You know how many 10-20% you don chop back to back without remembering me?

Come and buy me something. I never chop for your hand before. Even when we met at Teacher Ogba's place. Come settle me jare.

RabbiDoracle:
Keep looking for trouble.

Why don't you let them trade in peace?

I have resorted to just watch the market while relaxing on my mattress.

But am not disturbing anybody naaa. Shebi na yesterday I go come back from leave? Na you be dey disturb them, I kept mute all these while.

RabbiDoracle:
I think he is being sarcastic. He is referring to himself as how people view him, me, others.

Thank You Sir. I wonder how he missed that!

kolaish:
Bolded means "Someone that predicts Disaster". By God's grace, I will never be one. To me it is a derogatory word. It is better you say that those that predicts a fall in price and not DOOMSAYERS.
With due respect please.

With all due respect, is this your conscience telling you something else? I never mentioned your name anywhere.

If I predict that a N9 stock will go full offer and rest at N8.10, is that not a disaster for those in it? As I no go school, maybe I was not taught properly on use of english.

With all due respect avaiable on NSEMPA.

Mcy56:
You took the bolded out of my mouth.

Person wake up come wan jump on top my joy. Me wey siddon dey wait for Transcorp at 75k. Abeg sell that market and come buy beer for me.

kolaish:
With due respect, the bolded is derogatory and should'nt be used especially in this forum. There are times I will like to express my view on some particular stocks but will always see some people reacting to my post negatively as if I am cursing their stocks. I keep saying it that this forum is meant for members to say their mind freely on stocks. But due to our nature, we always view some people's sincere opinion as being negative when actually the person is trying to create an awareness on some particular stocks and the market as a whole. Afterall, what will I gain by misleading anyone.

For the upteenth time, I need to remind all, that the stock market can never keep going up everytime. It is rather a cycle, so the best thing is to always position yourself at the right time to buy and sell. I wish everybody goodluck in the market.

First of all Sir, what's the definition of "Doomsayer"? And how's it a derogatory word to use? We saw some results yesterday and predicted that they will take a sharp downturn today, is that not "doomsaying"? Abeg no light fire where none is needed.

FYI Chief. I am one of the doomsayers, I expected some stocks to be on full offer today and they are not doing as bad as I thought! My post was meant to re-emphasis the fact that Mr. Market has a mind of it's own and all we say here are not certain at all.

Mcy56:
Lol. This stock na one kind. Suppliers are still bringing wares sha.

Enjoy. 85k wasn't my junction. I will keep waiting. LOL.

BTW, this is the reason I love this stock. The volatility no get part 2 and can make one rich(or poor) within a very short time frame.

Mcy56:
Oga Mendes I don get small qty for 85k now.
You cannot come and go and be chopping this 10-30% all alone.

Transcorp 1.02.

Just wondering what an average FBNH seller is waiting for. For the trumpet to blow?

Mcy56:
Oga Chibu, you thought it wasnt priced in already?

Transcorp never rides on their result rather on news... Tony must act soon. That one na mafia.

Mcy56:
Mr. Market have a mind of its own.
One would have thought UACN and other stocks would open with full offers but see bids queuing up there.

Sellers might be waiting for the bids to build up first.

Mcy56:
Oga Mendes I don get small qty for 85k now.
You cannot come and go and be chopping this 10-30% all alone.

Please buy more. You go follow the people that will hang over kaya to me at 75k.

Mcy56:
FCMB reacting to the good result..............
UACN.............no more dumping..................bids increasing...........



Updating...............

Don't go and run away soon.

Mcy56:
Well done sir.
Keep creating panic so you can buy cheaply.

Market not dancing to the tune of doomsayers. LOL.

This shows we are all noise makers here.

Mcy56:
Bargain hunters should start sharpening their cutlasses for Transcorp .................anywhere below 86k.

Make una leave transcorp for me oooo.

I expect Tony to soon release an update that will excite and push the stock back to N1 and above. Let him wait small so that I can board at 75k.

Mcy56:
Boss you're right sir.
@the bolded, are you trying to say your birthday was 30th January? Or you've been in the market since 1973?
Cos you mentioned it twice yesterday.
If its the second, then I kneel down I dey greet oooo.

That na joke naaaa. You should catch the drift.

http://www.nse.com.ng/Financial_NewsDocs/28921_FIDELITY_BANK_PLC_FINANCIAL_STATEMENTS_JANUARY_2020.pdf

Wonderful result. Like a thief in the night.

Over to Mr. Market.

Mcy56:
Yes. That's what my ogas used to empasize too..........dividend paying stocks. If it fall it will rise again.
Once they start announcing dividends, there'll likely be stability at least.
Na jijo dey some people's mind. Oga Mendes I no mention name ooo.

What if FPI's decides to start buying tomorrow? Stocks will just fire up.

Bottom line, none of us here and Nigeria as a whole is in control of our stock market. We are at the mercy of these foreign big shots.

I have always known that FPI's play important role and twice they have proven to me that they are more than important.

I got very bad signals after JB released their results and an entity kept selling, sold over 11m units. Similar thing happened last year and also in 1973. I quickly closed shop. Traders could have read meaning into that activity and quickly take a decision across other stocks.

In summary, FPI's will dictate how the market will flow going forward, we are all gamblers and noise makers here.

http://www.nse.com.ng/Financial_NewsDocs/28896_WEMA_BANK_PLC._FINANCIAL_STATEMENTS_JANUARY_2020.pdf

Wema Holding Company....

Some people planned to ejaculate before release of result in 2 months time only for results to start dropping fast this month.

This business eehhhh.

Even Mcy56 failed to provide live commentary today. It is well.

Agbalowomeri:
Eeewoooooo
Brent at 56

When it rains, it pours...

Let me go and buy another cutlass jaree.

http://www.nse.com.ng/Financial_NewsDocs/28844_HONEYWELL_FLOUR_MILL_PLC_FINANCIAL_STATEMENTS_JANUARY_2020.pdf

Honey don dry for well ooooo.

OakPearl:
This is where HW gets very ruthless with Diamond/Access loan recovery.
He has liquidated lots of oil & gas assets as part of loan recovery drive.
I know of an oil rig they sold last year. In the middle of negotiation for the rig, he was proposing a seized Japaul yard in PH for sale to the prospective rig buyer to sweeten the deal.

I respect and fear HW for that.

I still don't know how he had mercy on DBN shareholders. He was in a position to squeeze them dry, maybe because of his insider dealings and what he stands to gain (personally). My assumptions though, could be wrong.

735i:
Looking at where FBNH is coming from.... i can only applaud this result. Even if them scrape from EPS, i go still hail them. The 50% drop in NPL's is remarkable. If they sustain the trend in 2020, FBNH will easily do N80bn. Na then the party go start.

When non performing loans are written off and taken out, why won't the NPL drop to 50%? I would have applauded them if the NPL dropped with corresponding increase in recovered loans/funds.

Am yet to disect the report though but if they recovered more loans, they wouldn't have had a flat unaudited result.

Marlianvestor:
Another flat performance! Expected.... Still not bad for a lagging elephant bank! Waiting for the results of the more resilient and agile banks...

Which flat result? You expect audit and CBN not to scrap anything off that final EPS?

mendes911:
Come on Transcorp... 4M units to 92k, you can do that!

93K... Well, we can manage that. There's still 10 more minutes of MM trading, you can get the extra 1k for us.

Come on Transcorp... 4M units to 92k, you can do that!

WAPCO attempting another FULL offer today....

owoblow77:
Na mouth you people get. Meanwhile prices keep dropping, and some peoples' blood pressures dey go up.

BigJay01 I know. He's not running mouth and I have known him in this since 2006.....

This entity buying and the one selling GTB. I dobale oooo. Men dey!

owoblow77:
I was in UACN. I said I had jumped out with profit. You don't go against the trend. The market is generally bearish. If you're still in profit, jump out now, nobody knows when the bleeding will stop. Compare the monetary value of the unbundling and any dividend with your current profits. Scratch that, jump out NOW as nobody catches a falling knife. Let the market calm down first, then if you're in love with UACN, come back and buy later, at a cheaper price.

Jump down from where? 12M full offer currently and increasing.

pluto09:
Are you sure you will buy at 75k if you see it at that price

Yes Sir, let the bus get to that stop first.

Stock that our "foreign investor" accumulated at N1.40, if I join at 75k that will be a lot of discount.

#Bike.