₦airaland Forum

mendes911:
Seems like Oando bears did handover today..... Zenith, FBNH,....

Fidelity caught the flu today.

#TurnByTurn...

yom2:
that company is employing thousands of Nigerians that the government can't employ and they ventured when most people wount venture. so they deserve some wavers. even in US. start ups have some tax cuts. because the government knows the spill over effectd for the general economy

I guess you are not following up on the bone of contention....

We are discussing about the fraudulent implementation of the scheme and not whether there should be incentives or not. Are you justifying their action of trying to short change the government of about N35B?

If this happens in the same US you are talking about, heads will roll and people will definitely go to prison for that action.

Unilever Q2

http://www.nse.com.ng/Financial_NewsDocs/22918_UNILEVER_NIGERIA_PLC._FINANCIAL_STATEMENTS_JULY_2018.pdf

Agbalowomeri:
I mean if u were Dangote?

I got your question. That's why I said I blame "our" country Nigeria.

Agbalowomeri:
Transcorp that is headed below 50kobo

You are not saying anything about "your" Honey Flour Mills.

Agbalowomeri:
Would you do things differently?

Errrrrmmm, what's the question again?

I blame my country though. They could have put a better plan in place. Force companies to only re-invest those incentives in the country. You get tax incentive and within a certain period, required to re-invest into the company. It will be like a free capital given to companies for the growth of the economy.

Wetin I know self... Back to my sachet water packaging job. I need to take this day job more seriously.

Agbalowomeri:
Seplat and co

Seplat might be decent but I know that Dangote will be the worst of them all. And to think same incentives goes to open factories in other countries.....

wanaj0:
They had to restate their prior year tax expense. They said so in the note to the account. Seems FIRS is working

Saw that. Pioneer Status fraud. Only God knows how much Nigeria has lost to fraudulent implementation of that scheme. FIRS should even roll back 10 years and investigate further.

http://www.nse.com.ng/Financial_NewsDocs/22916_DANGOTE_CEMENT_PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf

Tax almost doubled. Did any of their Pioneer Status expire?

Flat result....

Agbalowomeri:
Where are the students Mpeace and Myc carry ya pen and notebook come and stop this ya road-side accountant job

You are a wicked sombori.....

Agbalowomeri:
Romance ke? You don see person get erection for inside stock market woundjurement

At all at all, na winch... There's something called consolation price.

Mcy56:

....but you dey senior class na, where you come see this one you dey talk?
Anyway, I don write am down, NSE tuition fees no go allow me buy tape recorder now. I still need to take fearing myself much more serious.

Senior class kee. Who dash me? I dey always look una anytime I dey mop the corrider over looking your class. No forget say na cleaner I be.

Mpeace:
https://nairametrics.com/senate-approves-n348-billion-to-clear-oil-subsidy-claims/
This is why oando rallied.

If so, why didn't FO rally as well? Sellers got tired, if you check the volume sold yesterday and how activity went, the signs were already there that reversal was imminent. It remains to show how far it will go.

At about 40,000 boe and average crude price of $72 for 2nd quarter, Oando might turn in about 42k EPS and the earlier they release the result, it might sustain the upswing.

Make we dey watch shaaa.

Mcy56:
Alright sir. I thought fear is already setting in for infinity investor ni.

Don't just concur alright sir. Go and record it with a tape recorder and note book.

This class you dey attend with Mpeace self. You have been very serious until you two started sitting side by side for class, romance come take over pass the studies.

Chibuking81:
Please clarify me on Transcorp and Transcorp hotel.
I remember I used to have Transcorp before IPO of Transcorp hotel, which use to be most profitable arms of Transcorp. After listing transcorp hotel as a new company there was no percentage of unit offerd to me in their newly carved out and listed transcorp hotel as a share holder of Transcorp.

Instead the price of the main Transcorp started dropping from #6 back to 50/60 kobo? Can your clarify me if am wrong, did you get your portion in the newly listed transhotel then?.

Go and read any FY result of Transcorp PLC. There and there, you will see the relationship between Transcorp PLC (Group) and Transcorp Hotels (Subsidiary). Transcorp Plc owns about 84% of Transcorp Hotels.

I can't clarify whether I got any shares of Transhotel, I already told you I don't own the shares of Transcorp Plc.

I think I get your confusion... You are comparing the spin off of UBCap/AfriPrud from UBA to whatever happened in Transnational Corporation. The scheme wasn't the same.

Chibuking81:
Zenith @#40 next year, which time precisely?.

E no concern you nawww. Do you own any Zenith Bank shares?

aremso:
Guy u wicked ooo. leave the guy let him enjoy his fantastic purchase oo with 25k interim dividend

This is me trying to distract myself. Trying to cure my itchy fingers by distracting myself. Apologies to everyone.

lostinHeaven:
good day gents,
bought zenith at 24.05right now,blv its a fantastic purchase

How far Sir?

fxuser:
FBN & Zenith

- are d shareholders fighting too lollx
- very wicked sell off

Zenith finally called for backup at N22.90.

fxuser:
- still bearish on all times frames ... from the breaking below 50ma to under d 200ma
- most stocks 50ma are now well below d 200ma = death cross
- dis fresh sell offs are behaviours of d new trends
- so bounces are now corrections to major trend and they will come


#DeathCrossWahala

You may have successfully confused me the more. I could only understand "- still bearish on all times frames"

Yayira:
You did not shift goalpost this time oo you carry the goalpost to another stock
Hahahahaha
So now you are waiting for UCap and Afriprud ?

Am not waiting for UCap and AfriPrud... Am trying to say that normalcy might return a bit after the bears have been spread across evenly. Maybe that's when I will be comfortable to re-enter Zenith for a short trade.

No worry, people go look for Zenith next year at N40 and they won't get any to buy.

Agbalowomeri:
You will get your 22 tomorrow

It will zoom pass N22 today, probably within the next hour! And am not buying today. Let the bear spread across all other stocks first. UCap, AfriP and co are yet to get their own baptism of fire.

(NB: You may also want to ignore all my projections. This is a man speaking out of FEAR).

Agbalowomeri:
Why will anyone buy Zenith at 20?

Abeg park one side. Everybody is not a grave robber like you.

Yayira:
Hahahahaha I side it!
Where is Mpace
So even @ 20 you’ll not buy ?

N22 is a very good price for Zenith (based on result released so far) and a support level as well (just for short time and believing that Q2 will give some % upswing). But if the support fails to hold, charts are saying N15 - N16. That kind of heartbreak....

This life is just something else. All of a sudden, am scared of buying good stocks. Sacred of buying Zenith even if it gets to N22. Fear is just not a good thing (though it can save someone).

Everything you want in life is on the other side of fear - Jack Canfield.

Chibuking should come and answer present for his JBerger.

Yayira:
I’ll say GTB not Oando.
The sliding started in GTB

Oando started this current bear. GTB was comfortably doing 40 - 41.50.

Seems like Oando bears did handover today..... Zenith, FBNH,....

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/22904_UNITED_CAPITAL_PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf

Flat result.

Mcy56:
Big boss, this wise saying will cause transmission of confusion for we the newbie's association o. Please come down to our level sir.

I hope those bids are not set traps sha.

That was a savage response from Wanaj0. Even in his next life, he can NEVER support anything Ocean and Oil, and he has his reasons. LOL.

bigjay01:
Oga fxuser and BBM, what is techy story on FBNH & ZB abeg?

First buy candle for FXUser and BBM naww. All their candles burnt down earlier this week.

aremso:
i also love that too, am keeping my multiple tickets so i can enter wen the bus get to my various destinations. Zenith i beg follow your twin brother oo no go do home alone

Once GTB and Zenith joins any downtrend, know that an imminent reversal (however how temporary) is due.