₦airaland Forum

stcool:
https://nairametrics.com/cbn-fines-4-banks-%E2%82%A65-65bn-because-of-mtn/

In view of this, the CBN has also asked the banks and MTN Nigeria to immediately repatriate a total of $8.134 billion; being part of funds that were illegally taken out of Nigeria [/b]by the telco.

Standard Chartered Bank- ₦2.4 billion
Stanbic IBTC- ₦1.8 billion
Citibank- ₦1.2 billion and
[b]Diamond Bank Plc- ₦250 million
MTN - $8 Billion


By the time they list this MTN na the shell we go see. I like the way govt is dealing with them. DSTV need this same treatment. Diamond bank, we never see profit the one almost available is going. Mr. Uzuoma what sin did we commit?

This one is enough to return the exchange rate of the naira to 200 to a dollar.
8billion dollars looking for naira?
Uzoma and family are using mtn to finish diamond. Much of their so call technological advancement expenditure dat has been eating up profits has been contracts given to mtn nigeria where the senior Dozie(pascal) sits as chairman.

fxuser:
its liquid eunf .. or u mean u dont want to be wrong !

It has the habit of remaining in a particular price for too long irrespective of general bull and moving at its own time.
I need stocks that fluctuate weekly.

fxuser:
UBA
- 2nd appointment with N8

This UBA is looking to me like a jijo stock. I feel it will soon get back to 9but I just don't want to get trapped.

The way our foreign reserves dey fall ehh... Now 45.9 from 47billion.

Mcy56:
@Mpeace, you know why I think its good for you to take the profit? It's like twice now that it's been difficult for transcorp to cross the 1.30 junction based on observation.
I know its because of the bearish period in the market. For bull period, it will cross without any hassle at all.
Caveat: This is purely based on O-feelings (observation), no FA/TA/SA or even A-gut feelings.

The thing has even fallen. 1.24 at the moment. Na wa oh person don first me book.

sellydion:
MPeace is not today you have been booking profit

Make I announce before them say I do without...
This profit cures 10% loss earlier taken on the same transcrop and oando.

DeRuggedProf:
No one goes broke taking profits....

Lol that's why I am taking her advice by selling now.
But no tell her oh, I no want share my profit.

Mcy56:
If I were the one, I will book profit in this yet uncertain market. Na my own I talk o. Wait for the gurus if you so wish.
That is if the investment is not long term anyway, like your diamond.

lol.sold diamond before it ran into loss. It's Jijo trade (29-30%target). I regret not joining diamond at 1.09. was waiting for the said bonanza, thinking it was near at hand.
I know this bull ain't lasting long Sha.

Transcorp 1.31. From 1.10. Make I book profit or wait small?

ogedanny:
Morning guys, buy NEM Insurance, here is why you shouldn't ignore the stock and my fair value estimate.

See NEM analysis - https://nigerianstockstobuy.com/nem-insurance-stock-price/

Also available on Yochaa App.

Hmm yhem don dey rush de stock this morning. Just saw two bulk purchases of 90m and 15m units

currentprice:
they plan for another right even before the conclusion of the previous right issue.

Larfage Wapco have announced an extraordinary meeting to consider and approve another rights issue for 10billion ordinary shares.
This ppl won't kill us.

mendes911:
You no go mind your business now. Why would Mpeace "do" her without condom...... She's heartbroken nawww.

I no "do" her anything oh. Aids is real, I no want die leave my portfolio.

Krisuba:
Hope there is still going to be bonanza or is this change of plan??

Some pple are waiting for bonanza while the bonanza crew are busy loading.

currentprice:
FM is just doing gra gra because of their future plan right issues. the stock is selling at premium in my own opinion

hope their Q2 come out good

Another right issue? Have they listed the last one?

Whats up with stanbic. Just noticed about 71mill units change hans some minutes back.
Worth over N3billion

BullBearMkt:
Oando on the +ve map
https://www.bloomberg.com/news/articles/2018-08-27/oando-of-nigeria-eyes-growth-after-clearing-2-5-billion-debt

I read this news yesterday but didn't want to paste here because I was not sure they had paid up the said debt. I will thought the news was fake.

Mcy56:
There is indecision in the market this morning. Buyers no wan buy, sellers no wan sell... but diamond still looks determined to move up....
Livestock self dey vex since yesterday. On bid but people no wan to sell.

Classmate, why una no want sell small uniondac to me na. Since yesterday wey I express interest at 0.25per share una just dey move de price up.

swilo:
Oga Mpeace,

You know you start buying when the price is the highest because you have too much money and you can forget a losing stock till it is ready to move up. Let me wait because money to average down sef no dey right now.

Who dey throw me stone this early morning.

Ugosample:
yessssoooo

we are now in the era of lifelessness

Lifeless president

Lifeless cabinet

Lifeless economy

Make Agba hear una.
U don't know that part of the reasons Agba relocated to the village is to carry out grassroot campaign for Grandpa.

Agbalowomeri:
My brother, there are some periods that quadruples your probability of making a failed trade; why would I trade in those periods?

Not all the time. I remember last year when they said things like "sell in may... " that May eventually turned out supper returns. These days, it appears to me that some investors move ahead of those times. They buy before the time we think is right to buy, and sell just before declaration or payment of results and dividend, when one would ordinarily buy.

Yayira:
Hmmm I hope this bonanza that I’m waiting for will not make me miss something.

Hmmmmmmmm

I remember someone being warned here that he would be in the wait for his so called bonanza price, and watch all I the good deals pass him bye.
The market cannot be timed. Caution is key though.
Transcorp, Oando, and many stocks did well today.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/23498_STANDARD_ALLIANCE_INSURANCE_PLC._FINANCIAL_STATEMENTS_AUGUST_2018.pdf

Not a bad result. Improvement on the previous year's performance.
Meanwhile, permission to show interest in your Uniondac. But I need 4mil units at not more than N1m.

Zenithbank GMD arrested by EFCC for fraud.
https://thenigerialawyer.com/zenith-bank-gmd-peter-amangbo-arrested-by-efcc/

I have lost count of the number of bridges that have collapsed under this regime. Them give una goodluck una say no sai badluck. Make una enjoy.

Cadillac15:
He sold fide at almost N4/unit and is trigger ready to load again N1 if he can. Wise guy that i admire alot.

My point is this. He sold ~40m units at ~N4/unit. He is set to buy again at N1/unit which might go up to N1.5 or more depending on how prices fall/climb.

If he succeeds in his quest, his holdings will be ~ times 4 of his original holding. Remember that Fidelity's outstanding shares has not changed. If everybody who love Fidelity should aim at increasing their holding by dec/jan/feb in likewise manner, my brother thats the bull you should be waiting for.

Going by the preaching here, you should be selling by then. NOT BUYING.

But at the said bonanza time, when the bulls should have shown face, do you think he would find the said 40mil times 4 units to buy. He would be lucky to get 2million units per day. Just imagine that "I told you gang" "mattress gang" "village gang" and their like, all come out at the same time.

Mcy56:
I saw RabiiDOracle viewing this thread. Is it same as our Oga RabbiDoracle?

If you are not please identify yourself NOW! You cannot come and be impersonating Prof Oracle here o.

You think say e easy to leave and not peep from time to time?

PETERiCHY:
Mind you Carveton is heading back to 80kobo where it came from

What of WAPCO sir.

PETERiCHY:
Mind you Carveton is heading back to 80kobo where it came from

Let them hear you

fxuser:
US inventory was much lower than anticipated (SS side effect)

Pls make the inventory full further.
Where that our pastor sef, make him come pray for leakage.

fxuser:
Brent
- bulls halt the correction . . massive week breaking back above $75

Could this be a reaction to US threat on Iran? TRUMP

jideflash:
caverton why

Chai. Whereas "yeye" japaul is on full bid

sellydion:
Yes o, My Dear Got some from Dubai.

People still dey buy it.

So na shoe u dey sell now. Ok oh