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Passwelle's Posts

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InvestmentRe: Nigerian Stocks To Buy - 2025 Best Performing Stocks by passwelle: 12:21pm On Oct 11, 2014
joseph1013:

If you're wise, get hold of Skye shares now. It just acquired MainStreet Bank.

It's definitely going north starting Wednesday.
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 8:04pm On Oct 10, 2014
immanuello: I did o,then what will then be d right price pls.
Have no idea Sir. As a shareholder that you are, I am sure you will be informed duly.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 8:00pm On Oct 10, 2014
@ Aks: All na banter, now you know I am not a prophet wink
@All: The NSE website has a wealth of info which is available prior to its dissemination by sites like proshare etc.
Meanwhile, with Diamond rights the rumour mill was rife that it will be partly used to fund a guber ambition in Abia. Now, in the news yesterday were reports that the Senior Cowboy's brother has a guber ambition in Delta, and an IPO and rights are now lined up. The yoruba's have a saying about the witch, the cry of the witch at night and the sudden death of an infant in the morning wink
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 6:11pm On Oct 10, 2014
Aks:
For your mind, false news
When you do find out its not from my mind, an apology will do just fine.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 5:47pm On Oct 10, 2014
immanuello:
What should we expect for uba,sterlingbnk,stanbic,eti,diamond,fcmb 3rd quarter result.Will it be positive surprising result especially for uba and sterlingbnk or will it be flat or slightly negative.Bnsitl pls say sth,good morning.
immanuello:
Good! pls can I jump in into uba now at #6.46.
Did you jump in? UBA rights issue coming shortly grin.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 3:24pm On Oct 10, 2014
omaojo1: My oga, good day. There was nothing wrong with the movement in the price of both stocks today. Maybe you should present your concern in figures so I can explain. For the records, the previous close of 7up was 147.73, the ref price at today's session was 155.11. Though the stock traded at a high of 162.86 during the continuous trading session, the trading band for the day was between 147.35 and 162.86 - 5% down and up the ref price.
Thanks, I stand corrected. Was misled by the Ref price and change in Percentage on itrade.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:37pm On Oct 10, 2014
feelamong:
If I had Ikeja Hotel I will not sell until N4,
its a fight to finish now for the ibru family.. they are trying to out bid themselves before selling of the business to some foreign investors..
At above 1 naira. I need to read that monkey hunter story again grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:21pm On Oct 10, 2014
IkejaHotel is a monkey sellers dream come true. On bid earlier in the day, on offer midday and suddenly back on bid just before market close (9m) grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:13pm On Oct 10, 2014
kotlass:
Article 100 of the rules and regulations governing dealing members might provide a clue.
"Group B shall consist of equities with a Primary Market Maker, that are priced above N100.00 per share for at least four of the last six months; or new security listings that are priced above N100.00 at the time of listing on The Exchange.”
Very amusing. 7UP crossed the 100 benchmark on the 1st of July 2014.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 1:16pm On Oct 10, 2014
NSE and its different strokes for different stocks. Why is 7up able to trade at >5% of ref price with less than 50,000 shares traded in a day? While UBCAP with greater than 4m units traded today cant be bid for at <5% of ref price. angry
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 1:09pm On Oct 10, 2014
feelamong:
http://www.nse.com.ng/Financial_NewsDocs/7530_ACCESS_BANK_9_MONTHS_SEPT_2014_FINANCIAL_STATEMENTS_OCTOBER_2014.pdf
Not a bad 3rd qtr. result from Access bank!
As you can see the reaction of the market today to such result has been quite underwhelming wink.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 12:20pm On Oct 10, 2014
Tarry a little with your cherry picking, falling knives abound. Folks may have glimpsed Q3 results and are offloading.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:53am On Oct 10, 2014
mercylicious:
its nt abt d result. its abt d ownership tussle.
24 hrs ago there was none on offer. Now, there are 3m units on offer. They released a dismal half year result in the intervening period. It is what it is grin.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:50am On Oct 10, 2014
kotlass:
Lmao. cheesy cheesy Market dey o. How your end too?
e dey o, not sure FCMB market makers go perform today sha, make we dey see grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:49am On Oct 10, 2014
mercylicious:
nt sure oando' s last right issue and thw private placement has been listed.
E be like say oando div don land. d post office guy called me dis morning.
lol, closure date on NSE website is in mid Nov.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:23am On Oct 10, 2014
FBNH below 13.00, Zenith below 23.00 shocked
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 10:48am On Oct 10, 2014
Wey my FCMB Oga? Oga kotlass, how market?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 10:47am On Oct 10, 2014
Agbalowomeri:
Dem never see the result na!
Abi ooo, people wey don see just supply like 26m units sharply grin This NSE sha.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle:
Ijengala:
Does anyone know why Champion Brew has been flying these last few days?
Sir, I am guessing its the same reason Premier breweries was flying a few days ago. Be wary, dont buy monkeys.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 9:38am On Oct 10, 2014
myjoy08:
Sir, sometimes market react to information positively or other way round. Don't panic, Ikeja hotel is still many positive upsides potential!
Very well said. 19m bid for this stock in Pre-Market at the minute.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:33pm On Oct 09, 2014
myjoy08:
Thanks for the info (You should have waited a little bit for the release of 3rd quarter result before you sell though...). Sir, you can open this and take your time to review it. Selling this at a minimal loss is your sole decision. Summarize page 17 of it.
http://www.oandoplc.com/wp-content/uploads/Oando-Presentation-Call-Final1.pdf
Review and summarize page 2 and then 16 of the above presentation. Then go back to page 2. Seems they are at 45,000 boepd, inspite of all the various figures they peddled to the Nigerian media in August. If you can, ask anyone in NAOC/NAE if they are doing the needful as regards JV partner funding obligations till date.
UkwuAmu: Oxygen boys continue to confuse and confound not just speculators and investors but also themselves.
disclosure: I exited this bus in Sept 1.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:32pm On Oct 09, 2014
feelamong:
http://www.nse.com.ng/Financial_NewsDocs/7530_ACCESS_BANK_9_MONTHS_SEPT_2014_FINANCIAL_STATEMENTS_OCTOBER_2014.pdf Not a bad 3rd qtr. result from Access bank!
Sir, an unaudited result is an unaudited result. They need people to outperform their market makers and also buy rights wink
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:31am On Oct 09, 2014
Yem0350:
Yes. Ure rite. I av dumped 90 percent of my skye today @ 2.97. I wil mop up wen d wind is clear again. For now, am going into Afripud n oando
So that was you doing the dumping shocked! grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:52pm On Oct 08, 2014
If 600m units of Skye were crossed as reported at 2.40 last week, then selling them at or above 3.00 in the market this week guarantees a 25% profit in just a few days shocked
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 1:59pm On Oct 08, 2014
Whats up with Nestle? Q3 things?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 12:59pm On Oct 08, 2014
kotlass: @ Passwelle; Watch the FCMB space. It is no manipulation (any longer).
On Friday it was. The market makers are hard working, or how else do you explain the 52 week high broken? The daily volume pre the trade at 12.52pm was not very encouraging though. I am watching the space intently wink.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 9:43am On Oct 08, 2014
natruetalk:
bro. be like u are heavy on fidelity, despite lost d bidding to skye u still listed it as stock to watch 4 my pple here shocked
The people who sold Fidelity high last week will buy it back this week, albeit for lower than they sold. Hence Fidelity is aso on bid (15m units) in pre-market with asking price at 5% less than previous closing.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 9:38am On Oct 08, 2014
Oloro29:
Sometimes I hate public holidays, I just pray it doesn't affect the bull run in Skye.
Money never sleeps. Skye is presently on bid in pre-market. 18.4m bid with 0 offer at the minute.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:31pm On Oct 05, 2014
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 8:15pm On Oct 04, 2014
Excellent7: On the suit by Intangis Holdings, I think it has been struck off/discontinued/withdrawn
Well there are quite a few ...
http://businessdayonline.com/2014/07/mainstreet-bank-intangis-holdings-says-afribanks-liquidation-illegal/#.VDBGs4Mo_Fo
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 5:31pm On Oct 04, 2014
On Mainstreet, it will be good to know what comes out of the suits instituted against AMCON by Intangis Holdings.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 10:14am On Oct 04, 2014
passwelle: Watch out!
Disclosure: My last exit from Skye was at a loss. My next exit will not be.
On Mainstreet, Skye may have it grin.
http://af.reuters.com/article/nigeriaNews/idAFL6N0RZ06D20141004

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