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Passwelle's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 3:04pm On Aug 25, 2014
The cowboys have basically ensured that loads of folks sold out their positions in the stock with the daily flunctuations in its price over the last two weeks pending when the result would be released. Thus positioning themselves for the "impending rally" grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 3:01pm On Aug 25, 2014
dsonofmaan: Seems that chairman sees Access bank as a good buy at any price belowe N10
Nah, see my previous posts on subject matter. Just pointing out the handiwork of market makers in influencing the closing price of this stock since the weird notification anticipating this was issued on the 14th

http://www.nse.com.ng/Financial_NewsDocs/7288_ACCESS_BANK_HALF-YEAR_2014_FINANCIAL_STATEMENTS_AUGUST_2014.pdf
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:36pm On Aug 25, 2014
grin

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 7:57pm On Aug 23, 2014
Toluway: Thanks so much Mercy. In fact, acquisition of Amcon 100% holding in some oil companies is included in the deal. Remember Fidelity and Skye Banks are also involved in the deal.
Which Oil companies?
The management of Capital Oil and Gas by Amcon is temporary (2 year arrangement which lapses next June)
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 1:52pm On Aug 22, 2014
Whats happening in Consolidated Hallmark Insurance?
13,640 units traded in the last 10 days, 10.5 m units traded so far today!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 6:20am On Aug 22, 2014
Where the establishment senses the populace may be served in a transparent manner they bring up policies like this
http://businessdayonline.com/2014/08/nse-wants-brokers-to-confirm-client-orders-mandates-before-execution/#.U_bRm_lkREI
Biko how will I trade with itrade if I need to send a fax/email/phonecall before a trade?
NSE all this realtime trades you are trying to inhibit, there is God o!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 6:10am On Aug 22, 2014
Here is a surprise grin
http://businessdayonline.com/2014/08/oando-posts-20-increase-in-oil-production-h1-2014/#.U_bQIPlkREI
"OER said revenue declined from the comparative period by $3.2 million in the first half of 2014. “During this period, lower realised net sales prices reduced revenues by $13.4 million and increased production increased revenues by $10.2 million. Lower revenues from lower realised net sales prices were primarily due to $13 million in unrecognised revenue at OML 125,” said OER."
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 8:53pm On Aug 21, 2014
grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 6:39pm On Aug 21, 2014
mercylicious: oando will surprise u.
You are also in for a surprise.
Oando, surprising everyone except the Cowboys since 2012!
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:40pm On Aug 21, 2014
feelamong: CCNN firing on all cylinders today!!
This market is a very funny place... same stock was almost on offer at 13.6 about 4 days ago..
make all those wey sell the stock waka comot try enter again o.. cos na 20 be our next destination..
passwelle: I think it may be yet another bubble, to think 500,000 units of it were traded at 15.98 this morning and now it is back at 14.70!
In the words of John Hussman "The problem with bubbles is that they force one to decide whether to look like an i diot before the peak, or an idio t after the peak."
CCNN and its bubbles, as you rightly pointed out the market is indeed a very funny place grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:33pm On Aug 21, 2014
grin

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:36pm On Aug 20, 2014
passwelle: Oh NSE! Though art a place of strange happenings!
Again Access traded circa 9.63 all day with a trade executed at 9.32 early this morning. And in the dying minutes the "market makers" do the needful grin
grin

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:34pm On Aug 20, 2014
bigass: I think we need to cut Morgan Capital some slack. We are too quick to crucify them. I spoke with them concerning this issue awhile ago and I was told its from the exchange and the exchange is working on it.
What you see is what is relayed from the NSE. We all should be a bit more appreciative, Morgan Capitals itrade has brought an amazing level of accuracy and clarity to my transactions. I am no longer subject to the whims of my previous "shylock" brokers. Yes they may improve on their customer care, but I think they have as we havent had too many complaints in that regard lately.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:35pm On Aug 19, 2014
passwelle: Oh NSE! Though art a place of strange happenings!
Almost as if they have a script which just requires a desired "closing price" to be inputed

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 12:35pm On Aug 19, 2014
feelamong: CCNN firing on all cylinders today!!

This market is a very funny place... same stock was almost on offer at 13.6 about 4 days ago..

make all those wey sell the stock waka comot try enter again o.. cos na 20 be our next destination..
I think it may be yet another bubble, to think 500,000 units of it were traded at 15.98 this morning and now it is back at 14.70!
In the words of John Hussman "The problem with bubbles is that they force one to decide whether to look like an i diot before the peak, or an idio t after the peak."
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 8:59pm On Aug 18, 2014
Review of Dangote Cement Half year results by KOD of SMN
http://www.knightofdelta.com/2014/08/dangote-cement-2014-half-year-results.html
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:44pm On Aug 18, 2014
passwelle: Chai NSE sha! See Cowboys in action!
Access bank traded well below 9.75 all day till the penultimate minute of market when it traded just enough shares to close @9.90 grin
Oh NSE! Though art a place of strange happenings!
Again Access traded circa 9.63 all day with a trade executed at 9.32 early this morning. And in the dying minutes the "market makers" do the needful grin
Almost as if they have a script which just requires a desired "closing price" to be inputed
These strange events started just before the announcement of the 2 week delay in release of the half year audited results.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:34am On Aug 18, 2014
Dexterax: I've been working on another metric which should describe the condition that emerges when the prophet begins to question the prophecy. I'm not sure what to call it yet.
as my people would say, magana ya kare.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:06am On Aug 18, 2014
Chibuking81: I sold off all my Oando share last week, but will enter later, maybe toward the end of this year or earlier next year, oando is the stock for future, its really a stock for long term investment plan.
Maybe just maybe this is the Coolone grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 10:42am On Aug 18, 2014
Agbalowomeri: It would be strange if you get this below 3.15
On the NSE, anything can happen. The S in NSE should actually be strange.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 9:06am On Aug 18, 2014
austinibe7777: upstream investors are willing to pay more for Oando shares. watch out!!!!!
Pray, where have these investors been prior to and since the past 2 weeks?
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 1:58am On Aug 18, 2014
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 3:53pm On Aug 16, 2014
grin grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 3:35pm On Aug 16, 2014
myjoy08: Oando Plc and OER are two separate body!!! Oando Plc is in Nigeria and OER is in Toronto, Canada!
Methinks the above is just semantics.
OER is listed on the TSX in Canada while Oando Plc is listed on the NSE and the JSE in South Africa.
Oando Plc owns >95% of OER. The loss or gains of OER will be borne in the same proportion.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:48pm On Aug 15, 2014
stokfrick: wat da hell is happening in continsure?
Check a pricelist for the stock, compare volumes pre-announcement of the 11k dividend vs the last few days after closure of the register.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:34pm On Aug 14, 2014
passwelle: Full disclosure: I just bailed out of FO. grin
Dragonking: Good for you sir
currentprice: yes FO cowboy will like to up his position on Forbes lists, no surprise if i see permanent bid for the stock. too risky for someone like me grin
Dragonking: FO is gaining about N2 at the moment..lets see how monday will be smiley
KoD of SMN just uploaded this: http://www.knightofdelta.com/2014/08/forte-oil-2014-half-year-results.html
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 8:03pm On Aug 13, 2014
grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 7:11pm On Aug 13, 2014
Toluway: Please house, Conoil has just released a fantastic quater 2 2014 Result with over 300 percent increase. Check proshareng or smn. I tried in vain to paste it here. Is it good to enter at present. I have a positive opinion about this stock. Aiico also looks attractive at the moment in my opinion; gurus what's your take ?
As pointed out by Agbalowomeri there is no such "increase" grin
http://www.nse.com.ng/Financial_NewsDocs/7116_CONOIL_PLC_Q2_ACC_JUNE_2014_FINANCIAL_STATEMENTS_AUGUST_2014.pdf
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 8:16pm On Aug 12, 2014
boofydon: 2. Does anybody know a site where i can get the buy/sell volume for the day on the NSE?
You can also use http://www.nse.com.ng/market-data/trading-statistics/equities for almost realtime trade volumes
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:33pm On Aug 12, 2014
Chai NSE sha! See Cowboys in action!
Access bank traded well below 9.75 all day till the penultimate minute of market when it traded just enough shares to close @9.90 grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 9:48pm On Aug 11, 2014
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by passwelle: 11:04am On Aug 11, 2014
Yem0350: Pls, dnt rust into Cutix yet. PD may happen for some time now.
grin

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