₦airaland Forum

PETERiCHY:
I made it clear few weeks ago that the BARGAIN has left buying @circaN1:65 and circa N1:90k Trade zone.

The next VALUE zone is buying circa N1:45 and selling @Circa N1:60k.
And so the price will keep diminishing till after ELECTION.

For now nothing to EXCITE the market so if you CAN'T take the HEAT better stay OFF the KITCHEN.

*ThE OcToPuS*

As predicted earlier Transcorp finally touched the next VALUE ZONE today.

"No hurry in life many have GONE"

*ThE OcToPuS*

SELL in MAY and GO AWAY
Una no gree now Mr. Market is slapping all man

*ThE OcToPuS*

"FOOD 4 THOUGHT"

"When you are 20 to 30 years old, you should follow a good boss and join a good company to learn how to do things properly,"

"When you are 30 to 40 years old, if you want to do something yourself, just do it. You still can afford to lose, to fail," he added.

Soon thereafter, though, Ma recommended that people start prioritizing stability, family and the future generations.

Instead of diving into a hnew field or subject toward the later years in your career, he said,

"when you're 40 to 50 years old, my suggestion is you should do things you are good at."

"When you are 50 to 60 years old, spend time training and developing young people, the next generation," Ma added.

"When you are over 60 years old, you better stay with your grandchildren."- Jack Ma

kolaish:
I dedicate this video to all NSEMPA members whose stocks have been falling consistently for a while now. Please laugh it off, better times would soon come.


https://www.youtube.com/watch?v=P-yAafrev-w

[
https://www.youtube.com/watch?v=FHdflNCCB_I]

OGG come and defend your IGP

fxuser:
DangFlour
- breaking below n11 on some vol
- desperate for support

Some bargain Hunters comfortably boarded @ Sub #10:90k today another round tripping loading.....

Abeg Tritri,Coolcash and CP make una come help us push Alhaji Private jet ooo

*ThE OcToPuS*

ASI next support is 38K,
So let's brace up.

*ThE OcToPuS*

Dangflour now heading to VETIVA N7:00k Bargain junction

The way Mr. MARKET is dealing with CP rightnow

onegentleguy:
The BULL is definitely around the corner. ...the more it tarrys downwards the better and higher the aggressiveness with which it shall come !!
The Nigeria economy is clearly very well placed for it.

Here are a few positive array of news:

- Oil prices near $80/pb.
- CBNs Investors & Exporters window is doing monthly inflows of over $5 billion. ...clearly showing that the draw out of net inflow to outflow currently favours capital importation. ...monies are gradually flooding in.
- CBN sales in the FX market down by 69% in April from $1.3b to $420m.
- External reserve closing in on $50bn providing a near 15 months of import cover.
- 91 days TB down to 10%. ...and with a much higher probability of yeilds trending further down.
- International air load to/fro Nigeria increases by over 90%.
- Retail consumer traffic increases in malls. Vacancy rates reducing. ...unemployment rate steadily moving off from the usual sharp decline.
- Corporate earnings back with a bang.
- Inflation still on a downward trajectory. ...with the latest figure from the NBS showing a decline by 0.86% to 12.48% in Aprill from a 13.34% rate in March.
- N1.17trn tax revenue collected in Q1 2018 as against N778m in Q1 2017. ...an incredibly huge jump, which would go a long way in aiding the country's current debt position (...a good tax to GDP improvement and headed in the right direction).
- Bank lending rates are coming down. Now offering loans at between 15%-17% for fixed tenors. ...down from a high of btw 21-25%.
- Positive Impact of the recent Yuan swap expected to kick in by 1st of June 2018.
- NCS confirmed a whooping 558.4% increase in Farm produce export.
- Various rail projects nearing completion which are well placed to drive up aggregate GDP.
- The Largest rice mill in SSA (Sub-Saharian-Africa) with 32 metric tons/hr production capacity (130million Kg of processed rice per year) located in Imota Lagos will be ready in Jan 2019. Mill will employ over 200,000 people.
- The Dangote refinery together with his many other group projects (6 in total), spanning petrochemicals, flour expansion, fertilizer/agricultural drive, local sugar production, local rice production and cement capacity expansion, expected to create nearly 3,000 jobs and provide a good measure of FX stability (from savings and earnings) of near $16 billion are also in the pipeline.

Truly there can be no better time to be in the Market than now !!
Better not to time the Market. ...'better to dine now with Mr TIME' before he presents the BULL.
...for It shall come like 'a die in the wool thief', and at a time u least expect !!

NOTE: Pls kindly read thru my signature below.
My Verdict: Follow ur instinct.

Regards.

If WISHES were HORSES .............

PETERiCHY:
I hope Carveton airline has not crash along with Mr. TIME? we no longer see his long epistle.

Now let's hear the BITTER TRUTH.

*Sell in MAY and GO away BEAR,.

*Month-end BEAR,

*Ramadam fast BEAR and

*Raining Season BEAR are all around the corner.

So investors so brace up, To be forewarned is to be forearmed.

*ThE OcToPuS*

Dubai: The Australian Muslim Council of Imams has declared that Ramadan will fall on Thursday May 17, 2018.

In a circular issued on Tuesday, the council stated that “following extensive consultations with nationwide Islamic leaders and imams from the Australian National Imams Council Executive Committee and their representatives from all Australian states, the first night of the holy month of Ramadan and Taraweeh prayer will be on Wednesday the 16th of May after Maghreb (sunset)”

https://m.gulfnews.com/guides/life/ramadan/news/australia-announces-ramadan-for-thursday-1.2221627

When Jegede is done dealing with LOCO

[quote author=Chibuking81 post=67555716][/quote]Forget all the paparazzi the 3 musketeers will all head back to where they came from till after ELECTION.

SMART TRADERS are quietly pulling their FUNDS in bits with time it will be obvious.

This what happens when you beat a GHOST TRADER at his GAME

samzepaparazi:
Can transcorp still make 1.70?

I made it clear few weeks ago that the BARGAIN has left buying @circaN1:65 and circa N1:90k Trade zone.

The next VALUE zone is buying circa N1:45 and selling @Circa N1:60k.
And so the price will keep diminishing till after ELECTION.

For now nothing to EXCITE the market so if you CAN'T take the HEAT better stay OFF the KITCHEN.

*ThE OcToPuS*

Chibuking81:
Peter, are you the one holding Diamond bus key. Many people are trying to escape, but door is locked up with many padlock.

For now they've become a BlackStone Bank . They will return to Diamondbank @ sub 70kobo.

*ThE OcToPuS*

currentprice:
in your mind you have outsmart mr mkt for selling stock you bought at 13 plus for 11.90 when you can still sell at 12 plus in few days time

Well as long as such losses puts smile on the face of I and my household. So be it

PETERiCHY:
NSE the more you look the less you see .

Yesterday I placed some of my ETI for sell @#20:40, 50000units to be precise and my trade was the first order at that price.

Later on about 28000units was filled suddenly a 20000units order @ d same #20:40 came from nowhere and overtook mine.

I thought trade orders are executed on first come first serve basis

Since Ramadan fast will kick off tomorrow I decide to put some of my dangflour for sale this morning @#11:90k

140kunits to be precise about 90k+units was filled the rest still pending. While the stock has traded over 2.8m units so far with #12:01k as the day high.

I wonder the GHOST TRADER that skipped my N11:90 offer and went to buy that of N12:01k.

May God deliver us from GHOST TRADERS

*ThE OcToPuS*

currentprice:
this Global X MSCI strategy is lagged indicator. the strategy is they look into the daily market closed, if the mkt close bearish they will update their portfolio by painting some of the stock in the potfolio red claiming giant of the mkt.

if the market closed bulish next day they will paint stock in their portfolio green to prove point

i will quote this post when mkt retrn bullish

You and them are birds of same feather,
Wonder why you ain't talking about Cileasing again,
What has change

mendes911:
LOL. Better not quote price. Am sure Diamond will reverse for good when you and your forum sister sells your individual units.

After this terrible result if you still intend to buy diamondbk above 70kobo then your village people is very strong.

Betterstill wait till mid-Dec to buy in anticipation of their 2018 F/Y Result. because by then you will see headlines like Diamondbank back to profitability. They grew PAT by 283% coming from a loss of 4B to a profit of 1B blablabla.....

By the way this exactly what Dozie did to his shareholders.

locodemy:
hey peter.Dont go offline yet.what is your fair price for Diamond bank?

I won't quote any fair price for now so that people can enjoy their weekend in peace.

There is more to life than stock trading.

Mcy56:

Mpeace = Executive Director
rationalmind = Protocol Officer
Peter = Chief Advocate ............. Is this not the same diamond you were canvassing for sometimes ago

A Bus we loading @Circa N1:00k last November and within 3mths it traded well above N3:50k what else do you want God to do

NSEMPA Board of Directors trapped in DBN.

Mpeace = Chief Executive Officer.
Agba = Chief Operating Officer.
Ichimioku = Chief Financial Officer.
Yayira = Secretary.

You are free to add yours.............................................

PETERiCHY:
Bravo! MMM and FDI quietly doing their dumping @ Transcrorp.

Nothing to Excite the market for now so I and my household patiently waiting @ Sub #1:50k

*ThE OcToPuS*

Transcorp now N1:62k and will soon get to the Bargain Hunters Avenue

*ThE OcToPuS*

soloniger:
just now one of the ogas made citations of ogas and cp's is as follows
When CP show you a stock, buy, but you are on your own if you wait for him to ring a selling bell, his bell was stolen long ago and at times he may have to chose between selling and ringing when he borrows another bell.... grin

A situation whereby a conductor collects transport fare from commuters with the promise that his destination is Onitsha while getting to ijebu-Ode, he disappears and left his passengers STRANDED.

Isn't that an EPITOME OF MONKEY HUNTING

currentprice:
cp like seriously undervalued stock

cc NoMoney

Cileasing now on FULL OFFER and CP is no where to be found.

This life self

Confrontation between Israel and Iranian forces in Syria sharply escalated early Thursday morning as Israel said Iran launched a barrage of 20 missiles toward its positions in the Golan Heights.

Heavy military jet activity, explosions and air-defense fire could be heard throughout the night in the area. An Israeli military spokesman said the rockets were fired by Iran’s Quds Force, a special forces unit affiliated with Iran’s Revolutionary Guard Corps, marking the first time Iranian forces have ever fired directly on Israeli troops.

The Israeli military said several of the rockets had been intercepted by Israel’s missile defense system, and sparks could be seen as they broke up in the sky.

No one was injured on the Israeli side, the military said.

https://www.washingtonpost.com/world/iranian-forces-fire-rockets-at-israeli-military-in-first-direct-attack-ever-israeli-army-says/2018/05/09/62e3a526-52f7-11e8-a6d4-ca1d035642ce_story.html?noredirect=on&utm_term=.b8625a0d4974


Israel SHELLS Syrian positions in response to Iranian missile STRIKE
ISRAEL fired several volleys of missiles against Syrian positions with reports of explosions in Damascus after a barrage of Iranian shells were fired on the Israeli-held Golan Heights, according to local reports.

https://www.express.co.uk/news/world/957542/Israel-airstrike-Syria-Iran-Syria-news-Golan-Heights-World-War-3

3rd world War loading.
Brent now $77.77

PETERiCHY:
Today Dangote flour closed #11:45k and that's the lowest price since 2018.

Won't be surprise if it goes on full bid tomorrow.

*ThE OcToPuS*

Bargain Hunters that bought Dangflour between #11:00k and #11:40k will should be smiling rightnow

*ThE OcToPuS*

https://aprokogirl.com/5720/dangote-makes-the-list-of-the-2018-most-powerful-people-in-the-world-see-full-list/

President Buhari departs for a 4 day Medical Trip

https://aprokogirl.com/5561/president-buhari-departs-for-uk-for-medical-check-up-photos/o UK on 8th May 2018 ,

Since BUBU is gone lets EXPECT a raging BULL 2moro.

*ThE OcToPuS*

PETERiCHY:
First Bank of Nigeria Limited, Stanbic IBTC, Standard Chartered Bank (SCB) and Zenith Bank Plc have been appointed the settlement banks for the $2.5 billion bilateral currency swap agreed between the Central Bank of Nigeria (CBN) and the People’s Bank of China (PBoC) which was announced Thursday.

https://www.thisdaylive.com/index.php/2018/05/04/fbn-stanbic-stanchart-zenith-appointed-settlement-banks-for-naira-rmb-currency-swap/amp/

With this development USD will crash.

There are indications that the naira may begin to gain strength in the days to come as Nigerian banks conclude plans to open shops in China.

This followed the pact signed by both the Central Bank of Nigeria (CBN) and the People’s Bank of China (PBOC) on a RMB15 billion (about N720 billion) currency swap.

With the swap, some banks with international licence but without presence in China have begun processes to open shop in the Asian giant. Eyes Of Lagos findings reveal that some tier one banks with presence in Europe and other African countries have applied to the CBN to obtain approval to open shop in China.

An insider in one of the top tier banks confirmed to our correspondent that talks are already ongoing in the bank on opening shop in China, even as the bank would soon be seeking regulatory approval.

http://www.eyesoflagos.com/2018/05/n720bn-currency-swap-deal-attracts.html?m=1

PETERiCHY:
First Bank of Nigeria Limited, Stanbic IBTC, Standard Chartered Bank (SCB) and Zenith Bank Plc have been appointed the settlement banks for the $2.5 billion bilateral currency swap agreed between the Central Bank of Nigeria (CBN) and the People’s Bank of China (PBoC) which was announced Thursday.

https://www.thisdaylive.com/index.php/2018/05/04/fbn-stanbic-stanchart-zenith-appointed-settlement-banks-for-naira-rmb-currency-swap/amp/

With this development USD will crash.

Personnel on US military bases can no longer buy phones and other gear manufactured by Chinese firms Huawei and ZTE, after the Pentagon said the devices pose an “unacceptable” security risk.

“Huawei and ZTE devices may pose an unacceptable risk to (military) personnel, information and mission,” Pentagon spokesman Major Dave Eastburn said on Friday.

“In light of this information, it was not prudent for the Department’s exchanges to continue selling them,” he added, referring to the military-run shops on US bases around the world.

http://www.punchng.com/us-military-bans-huawei-zte-phones/

And the Trade war continues....

First Bank of Nigeria Limited, Stanbic IBTC, Standard Chartered Bank (SCB) and Zenith Bank Plc have been appointed the settlement banks for the $2.5 billion bilateral currency swap agreed between the Central Bank of Nigeria (CBN) and the People’s Bank of China (PBoC) which was announced Thursday.

https://www.thisdaylive.com/index.php/2018/05/04/fbn-stanbic-stanchart-zenith-appointed-settlement-banks-for-naira-rmb-currency-swap/amp/

With this development USD will crash.