₦airaland Forum

sellydion:
Humm! you need to be tutored by Prof, Cart before the horse !

It is time to buy {RUMOR}

They have been buying the RUMOR since Monday.

Selling the News is want will start now.

yMcy56:
Sell what? What has changed?

Just watch the bids on Union reduce.

They need to make it cheaper, before they .............

TLAX:
http://www.nse.com.ng/Financial_NewsDocs/29408_UNION_BANK_NIG.PLC._CORPORATE_ACTIONS_MARCH_2020.pdf

http://www.nse.com.ng/Financial_NewsDocs/29405_ZENITH_BANK_PLC_CORPORATE_ACTIONS_MARCH_2020.pdf



Synchronized releases to the Exchange. They are trying very hard not to lie as in the Access/Diamond Merger. Truly they may not have submitted or received a "Binding Offer" as such is usually submitted after a due diligence exercise.

What is submitted first of all is a "Conditional, non binding offer".

Eventually no matter how you hide pregnancy, it must show.

Lol, it is time to sell

buy the rumors

sell the news.

yom2:
what did they declare?

Dividend -- N2.75K

Bonus ---- 1 units to every 5 units

Zenith just landed

veecovee:
Which means who buy tomorrow no go follow chop the up coming dividend?

No, it is closing of books and board meeting.

After the meeting we will know what's up

Julius Berger and illiquidity

MistadeRegal:
The person is a fraudster but the account is his. That's what happened to a Paga Operator in my area. Some guys will come over to him, after they had gotten the money from him, they'd go to lodge a complaint to their bank and the Paga Operator have to return the money; double loss.

Now this a new format.

@OP get a lawyer involved, your case might get to the EFCC.

robobo:
Really to be fair i dont think devaluation is warranted at this time and if any it shld be quite minimal (5-10%)

From my night school analysis brent had average a price of abt 35 since this crisis erupt which wld mean a loss of 22 from budgeted 57, which is abt 40%, if this is view against the 1.7m production cap in place at 57 it wld mean that to be back at the budgeted equillibrum the country could increase production to 140% of 1.7m which is abt 2.4m. the next question is does the country has capacity for 2.4m bpd, while i am not sure of 2.4 at least by antecedent 2.2. - 2.3 is sure that leaves us at 0.1m short of being back at equillibrum. so the question is; is 0.1m bpd short should warrant devaluation, apparently it does not however given that the fact that the country goodwill in international market seems to be at an all time low then one could probably say some devaluation (5-10%) could cometo play

However if the country goodwill (in international markets) is high the talk of devaluation should not have even came to the table

But our people here have been talking about Devaluation for the past three weeks.

CBN said no to devaluation

sellydion:
That why you keep buying, who say average down is not a good option

It is time to own assests / companies and stop trading human psychology called price.

How much will you spent averaging-down?

It is better to wait.

RabbiDoracle:
If what I am looking at is correct, I expect a rebound when Fed and theur gangs introduce the unprecedented stimulus.

I want to see what Jay will do. If he will be the one flying the helicopter.

Even if there is a rebound in US, Nigeria might not recover fast.

Nigeria Q1 and Q2 GDP will not be good.

Strange drama going on in LAW UNION AND ROCK INS

emmanuelewumi:
He should tell you when to expect it and the factors that will cause it
Eg crude oil price war, Corona virus, reduced demand for crude oil etc.

You want him to have headache?

He is only in TA Forex pattern.

My eyes on FMN

dinyelutochukwu:
Wow!!!
I just bought today at N6.90
Even though my order is still partially filled.

I will get more If it gets to N5.....

dinyelutochukwu:
Kindly explain

It means i bought UACN below the current price.

UACN - %50.68

Even with the price drop

RabbiDoracle:
UBA is yet to break its 2019 low. Zenith is yet to break its low.

Dangote cement as well.

More falls still possible.

The move in the US futures (rise) and world markets today is due to Trump announcing cuts in salary taxes. This is a small breather but it won't fly.

Once markets start testing 2% fall.... Then 3% fall.... Then 5% fall.... Then 7% fall.... The next one will be scattering.

This is how a leader works

Mcy56:

The shareholders are not smiling at you now.

They should cool down.

It is wealth transfer

Mcy56:
UBA getting attn at 5.65......offers reduced...

Can we get GTB @ 5.65

This is a watershed moment.

History is being repeated.

Wealth transfer happening.

locodemy:
Something is totally wrong.Nse need to pause trading tomorrow unless they have extra ordinary plans.

Me as a Jijo trader is even afraid of today's trading.

The combination of Corona-virus and oil price fall is hitting the market

Another recession loading.

GTB on full-offer

Agbalowomeri:
Eeewooooo
Pump wetin?

Flood the market will plenty Oyel

dipoolowoo:
BREAKING: Brent Hits $45 as OPEC, Russia Disagree
https://businesspost.ng/economy/breaking-brent-hits-45-as-opec-russia-disagree/

Russian Energy Minister Alexander Novak says OPEC+ countries are free to pump-at-will from April 1

Yuzxy:
Please, I have filled my veritas edividend form. Can I drop it at my bank for onward forward to them. If not, can I scan and email them or I must post it. I need clarification. Thanks. First time investor

Mail it to the the registers(veritas). If possible go to the registers office with the form.

Vitaform just landed

[quote author=nna777 post=87186531][/quote]Probably .

The major problem with NSE in insider trading.

Only one insider buyer can lock down the stock for two days.