PETERiCHY's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:23pm On Jan 10, 2018

BMZK:
@CP, Fxer, Prof and all the Ogas in the house: Please i need a green light hint. I offloaded my transcorp but can't find a new bus to board. It seems all the doors have been shut down.

2018 is the GAME. This just the tip of the ICEBERG coz we ain't seen nothing yet.

Transcorp is heading to N7:00k so better reboard if you can.

THANK ME LATER.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:52am On Jan 10, 2018

tritritri:
loco r u seeing transcorp? hope u haven't sold ?

Guess he sold majority of his stake in Transcorp and moved to Oando.

Well Diamond,Transcorp and Wapco making me and my household proud since last quarter of 2017. grin

*ThE OcToPuS*

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 8:48am On Jan 09, 2018

LIKE I PREDICTED IN 2016.

The MARKET will massively rise like never before in 2018 while Meltdown will actually set in 1st quarter of 2019.

Those that has ears let them hear what the future holds.

*ThE OcToPuS*

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:07pm On Jan 08, 2018

Our 2017/2018 Stock Picks/Target Prices.

1)Diamondbank =400% increase

2)Lafarge/WapCo= 3euros.

3)Transcorp=N7:00k

I and my household already sitting on a very decent profit and anyone that tends to disagree should watch out for the nearest transformer.

*ThE OcToPuS*

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:23pm On Jan 05, 2018

stcool:
WAPCO with over 5million units sold today @ N50....if you have this stock hold and wait for N80-N100.

It's heading to 3Euro slow and steady wins the race.

*ThE OcToPuS*

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:19pm On Jan 05, 2018

PETERiCHY:
By next week some people body will come down.

After the Raggea comes the blues...

*ThE OcToPuS*

Some people body don come down grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:00pm On Jan 05, 2018

PETERiCHY:
Lafarge/Wapco will gain 10% today.

Expect the price to hit N49:50

*ThE OcToPuS*

Wapco/Lafarge now sitting @N50:50k support.
this just the beginning grin

*ThE OcToPuS*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 11:57am On Jan 05, 2018

DOLLARTEX:
the last time I checked transcorpse is not in fuel importation business.where is the link Mr p

Go and check what is called REPRICING.

The Nigeria economy recently got out of recession and lots of positive indicators are springing up. etc. Rise in oil price as well that will lead to a positive chain reaction.

OANDO & TRANSCORP are the two most sentimental stocks on NSE..

So expect TRANSCORP to rise like never before.

*ThE OcToPuS*

2 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 11:28am On Jan 05, 2018

stcool:
I do not think fuel at N180 is bad, I'm of the school of thought that govt. should completely take its hands off importation of fuel.

I know for sure that Nigeria business's are very competitive. If we leave the market open, I can guarantee you that we may only buy fuel at N175-180 reason being that more people would import and flood the market, price is meant to come down.

I remember that while the crude oil price was down some marketers sold fuel at N143 because they was so much product in the market. Now that the price of crude oil is up it is suppose to reflect on the pump price.

What the NNPC is doing is subsidizing fuel price artificially, how do you import large tons of fuel at a landing cost of N170 and sell at N145 taking huge losses. This govt is doing the same thing it preached against just that it is going about it the other way. And they can't hike fuel price cos that would create mass action, since they stood against an open market in the past regime.

We must tell ourselves the truth, this government is still subsidizing, but the difference is that NNPC is taking the losses, hence money that should accrue to the govt for expenditure on other capital projects is wasted.

With this info TRANSCORP is heading back to N7:00k.

2013/2014 trading season comes to mind...Still on full bid...

*ThE OcToPuS*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 9:29pm On Jan 04, 2018

One day monkey go go market e no go come back.

*ThE OcToPuS*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 6:00pm On Jan 03, 2018*

PETERiCHY:
2017 is the year of "ECLIPSE"

It will factor in all (100%) the negative news of 2016 and the MARKET will TANK like never before, its then the FULL CIRCLE will be complete.

2018 is actually year of the "DAWN" which will usher in a new beginning for the NIGERIA ECONOMY.

Those that has ears let them hear what the FUTURE holds.

*ThE OcToPuS*

TRUTH is like a SURGERY it hurts but it heals, a LIE is like a PAINKILLER it gives instant relief but has side effects forever.

Like I predicted in 2016 that 2018 is the GAME and I'm now fully invested in NSE but that shouldn't take away the place of CAUTION..

I can't help but pity the gullible ones that will be carried away in the frenzy of stocks that aren't FUNDANMENTALLY SOUND in this 1kobo era because 10yrs from now they will still be paying for their hospital bills.

a WORD is enough for the WISE.

*ThE OcToPuS*

3 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 11:23am On Jan 03, 2018

tritritri:
@Peter personally i want to know why is ur heart full of bad news . enjoy the bull and be happy for those In it . STOP THIS ACT . You cant make any money with this ur mentality .

I wonder if u read this thread at all..

.

NSE is a SHE-DEVIL and without a negative mindset you WON'T be able to make a dime from HER.

Always make sure your long spoon is available..

TRUTH is mostly bitter but sets one FREE.

*ThE OcToPuS*

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:43am On Jan 03, 2018

By next week some people body will come down.

After the Raggea comes the blues...

*ThE OcToPuS*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:05pm On Dec 31, 2017

Take out time,
Count your blessing,
Name them one by one,
and you will be surprise what the LORD has DONE.

"SEE you all in 2018 the year of the NEW DAWN"

*ThE OcToPuS*

7 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:43am On Dec 29, 2017

locodemy:
It is on full offer now.
Do you think it can turn to green before closing?

Today it opened 5% upside @N47:25 and the French guys are secretly mopping the offers.

If you are observant since the close of the right issue their MM has been releasing huge offers to scare the faint hearted away and keep the price down in order to for them to buy more at low price but now it seems the journey to the next level is about to COMMENCE.

Welcome to 2018 the year of the NEW DAWN.

*ThE OcToPuS*

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:10am On Dec 29, 2017

RabbiDoracle:
This bank will gain 10% today.

The eyes on it are many. Expect the price to hit the range of 2.7 to 2.73.

Lafarge/Wapco will gain 10% today.

Expect the price to hit N49:50

*ThE OcToPuS*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 5:01pm On Dec 28, 2017

stcool:
No stock in the NSE is currently as underpriced as WAPCO...

we saying it from day one. 2018 is our year. First stop N100 then N180 then N200. Same thing I saw when I called fidelity here.

Pls don't cry to me about how I want to push up price, cos we started saying it long ago when it was on offer. Thank you.

Current Price won't like this but let him keep fighting the gods till he get incapacitated.

For some us that is STRONGLY against the stock market to invest our TREASURY BILL fund in LAFARGE/WAPCO simply tells that it's a WEALTHY PLACE.

Already sitting on a decent position.

*ThE OcToPuS*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 1:13pm On Dec 28, 2017

RabbiDoracle:
This sector leaves a bitter taste in people's mouth.

Lots of guys have lost money in transportation business. The sad one is the burial notifications you will be sent for your driver knocking down pedestrians.

See MONEY, See DEATH,
They walk Pari Passu.

*ThE OcToPuS*

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 7:24am On Dec 23, 2017

Very lucid reasoning.

The major secret of billionaires is their ability to find solutions to the challenges of humanity. All of them created solutions that brought the billions. Presently, Bill Gates is spending millions of dollars in search of renewable energy. By the time he finds one and become a major player in the electricity industry, we will say he is lucky. But we forget that he didn't pray for financial breakthrough, he only found a solution to a global problem.

Wealthy people don't necessarily look for money, they create solutions, and money will follow them! Larry Page and Sergey Brin went all out to help humanity find things faster on the internet, and billions of dollars followed them. Mark Zuckerberg created platforms for socialization, and over $71 billion followed him. Steve Jobs and Steve Wozniak went all out to reduce the size of computer. What problems are you solving for humanity?

Some people spend weeks on the mountain praying for financial breakthrough without knowing what to do to be rich. They just want to be rich anyhow. It doesn't work that way. Real wealth comes through solving problems. Real wealth comes when we take a critical look around us, see the challenges that surrounds us, and proffer solutions to them.

One of the major reasons why millions of Africans live below the poverty line is our belief that magic wands will suddenly mint money for us. How many cups of mustard seeds did Mark Zuckerberg eat that made him an 'instant' billionaire? How many bottles of anointing oil did Jeff Bezos drink that turned him into an overnight owner of Amazon?

This is how potential billionaires pray: "Dear Lord, Nigeria has elecrity problem and I want to solve it. Lord, baptise me with fresh ideas on how to solve this problem, and connect me to the right partners to make it happen. Thank you Lord." God will definitely download creative ideas into their minds.

Unfortunately, this is how majority of us pray: "Oh Lord, I command anyone who said that I will not prosper to collapse and die by fire!" Another person will say: "Lord, I need financial favour. I need divine connections. I need financial breakthrough urgently. Lord send money to me today." When God listens to our prayers sometimes, I believe He will look down from the balcony of heaven and wonder why we failed to understand that wealth creation opportunities surrounds us.

*I'm not belittling prayer, but most of us pray amiss*; I pray myself.

Dear friend, it is time to change your thinking and prayer pattern. Stop looking for shortcut to the top, start looking for the problems you can solve for humanity. Money is actually a reward for solving problems for people.

Keep soaring!

14 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 6:21pm On Dec 21, 2017

tritritri:
merry Xmas in Advance house. Pls is DS still a Good buy at currentprice ? or DF still better option? help a brother who sold and is ready to buy back.

Well first and foremost thank God you were able to convert your paper profit into cash than being deceived by fellas whose business is buy stocks with their mouth and always claim to be sitting on 1000% profit year in year out. all na wash.

A lot in this forum and still trying to break even ever since they place their first trade on NSE.

So NEWBIES don't be deceived by teeth shining it's only an act of CONSOLATION.

*ThE OcToPuS*

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:52am On Dec 21, 2017

Kingchuks:
Only those that trade on HOPE will wait for the outcome of the Supreme Court judgements between Innoson and GTB. Non sentimental traders are already bailing out assuming Observer status!

Innocent Chukwuma, OFR, and Innoson Nig Ltd. have filed a fresh lawsuit against Guaranty Trust Bank PLC in the High Court of Federal Capital Territory, Abuja claiming a total sum of 400 billion Naira damages for injury to their reputation, moral character, credibility, office, vocation and trade. They also seek for an order of perpetual injunction restraining GT Bank from further defaming them.

The lawsuit which was filed by Innocent Chukwuma’s counsel, Prof Joseph N Mbadugha Esq, is sequel to a recent decision by the Supreme Court of Nigeria in favour of Innoson Nigeria Ltd. in Appeal No: SC/694/2014 between GTB v. Innoson Nig Ltd. There, on 12th May 2017, the Supreme Court dismissed GT Bank’s Application.

It must be noted that Innoson Nigeria Ltd had won various lawsuits against GT Bank. On 29th July 2011, the Federal High Court, Ibadan Division, through a garnishee order absolute ordered the Defendants (GT Bank) to pay the sum of N2,048,737,443.6K ( Two Billion, Forty Eight Million, Seven Hundred and Thirty Seven Thousand, Four Hundred and Forty Three Naira, Sixty Seven Kobo) to Innoson Nigeria Ltd.

GTBank however appealed against the judgment to the Court of Appeal, Ibadan Division. In a unanimous judgment, delivered on 6th February 2014, the Court of Appeal dismissed the appeal, affirmed the judgment of the trial Court and ordered the Defendant (GT Bank) to pay the said sum of N2, 048,737,443.6K (Two Billion, Forty Eight Million, Seven Hundred and Thirty Seven Thousand, Four Hundred and Forty Three Naira, Sixty Seven Kobo) to Innoson Nigeria Ltd.

Still aggrieved, the Defendant (GT Bank) appealed to the Supreme Court on 11 Grounds. Subsequently, GT Bank sought to amend its notice of appeal- to adduce Fresh Evidence- to show that Innoson Nigeria Ltd obtained the judgment of the Court of Appeal by fraud and fraudulent suppression of material facts.

GT Bank had through its motion on notice in Appeal No: SC/694/2014 dated the 22nd of January 2016 and filed at the Supreme Court on the 5th of February 2016, with a 15 paragraph affidavit in support averred that Innoson Nigeria Ltd obtained the Court of Appeal Judgment against GT Bank in Appeal No CA/I/258/2011 by fraud.

Similarly, at paragraphs 9 and 10 of the affidavit in support of the said motion on notice deposed to by Sarah Ugamah on behalf of GT Bank, GT Bank said that Innoson Nigeria Ltd fraudulently suppressed that it was paid the sum of N1, 406,515,845.98 (One Billion, Four Hundred and Six Million, Five Hundred and Fifteen Thousand, Eight Hundred and Forty-Five naira, Ninety-Eight Kobo) in liquidation of the judgment debt.

However in a unanimous decision, on 12th May 2017, the Supreme Court dismissed the GT Bank’s said motion on notice; and while dismissing the motion, Supreme Court stated, inter alia, that GT Bank engaged in double speaking and in a frivolous frolic in bringing the application.

In the fresh suit Innoson Nigeria Ltd and Chief Innocent Chukwuma maintained that the words published by GT Bank –that it obtained the Court of Appeal Judgment by fraud and fraudulent suppression of the fact that Innson Nig. Ltd. was paid the sum N1, 406,515,845.98 in final liquidation of the judgment debt – implies that Innocent Chukwuma and Innoson Nigeria Ltd are dubious, dishonest, dishonorable, and untrustworthy, of questionable character, fraudster, criminally deceptive, cheats and obtaining money through false pretenses.

In consequence, Innoson Nigeria Ltd and Innocent Chukwuma are claiming against the GT Bank PlC as follows: N100 Billion exemplary damages; N100 Billion for injury to feelings-mental pains and anxiety; N150 Billion for injury to reputation and N50 Billion general damages. Innoson Nig Ltd. and Chief Innocent Chukwuma further claim:

AN ORDER that the published words complained of be retracted by the Defendant – GT Bank with an apology published in two National dailies;

AN ORDER of perpetual injunction restraining the GT Bank from further maligning

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 6:59am On Dec 20, 2017

Cadillac15:
Peter. I beg you in the name of everything you worship (including your Dumptrucks); ignore Dangote flour until 2020. The fundamentals are not good for you and will cause you loss. Just continue loading WAPCO. That's a winning stock. Please

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 8:08pm On Dec 19, 2017

shigidi:
You can always join at 12 naira . Its never too late

Bear in mind that before any upward movement Dangote flour will consolidate around N10 for the next 6 months.

*ThE OcToPuS*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 1:51pm On Dec 19, 2017

I loaded with my tb fund @ N43 on Friday will wait for their 2017 full Year result before election palaver will start.

*ThE OcToPuS*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 1:41pm On Dec 19, 2017

stcool:
They may end up increasing their holdings to 80% knowing fully well minority shareholders may not take up their rights during festive periods, well my kind of stock long term if they decide to delist and pay me off. But I see good dividend payout going forward after LafargeHolcim increases their holding. NB comes to mind.

As well there is 80% chances of delisting. NBC comes to me.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 1:18pm On Dec 19, 2017

Lafarge Africa Plc at the weekend closed application list for its N131.65 billion rights issue, rounding off the subscription to its major capital raising aimed at deleveraging its balance sheet and rebuilding a more supportive capital base.

Lafarge Africa had on November 24, 2017 launched an offer to raise N131.65 billion through a rights issue of about 3.1 billion ordinary shares of 50 kobo each at N42.50 per share. The new shares were pre-allotted to shareholders on the basis of five new ordinary shares for every nine ordinary shares held as at the close of business on November 1, 2017. The acceptance list opened on Friday November 24, 2017 and ran till the close of business on Friday, December 15, 2017.

LafargeHolcim, which holds the majority equity stake of 72.59 per cent in Lafarge Africa, had earlier indicated it would subscribe fully to its rights. LafargeHolcim had proposed to pick up its rights under a debt-for-equities deal that will see conversion of LafargeHolcim's dollar-based loan to equities.

Chairman, Lafarge Africa Plc, Mr. Mobolaji Balogun, said the recapitalisation would help to reduce the group's exposure to adverse foreign currency translation losses as experienced in 2016 following a 40 per cent depreciation of the Naira against the Dollar.

http://m.4-traders.com/LAFARGE-AFRICA-PLC-6500000/news/Lafarge-Africa-closes-application-for-N132b-rights-issue-25690466/

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:43am On Dec 19, 2017

stcool:
MY Target price for WAPCO 1-3MTHS is N80...I would Take profit. Long term N180-200

Lafarge/Wapco is another NESTLE in the MAKING....

If you mistakenly sell yours below 3Euros OYO.

*ThE OcToPuS*

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:41am On Dec 18, 2017

PETERiCHY:
For those that lack spiritual insight. The spiritual meaning of LAFARGE/WAPCO is a LIVELY MOVING TRUCKS...

May God in his infinite mercies keep us alive....

*ThE OcToPuS*

The FRENCH GUYS has finally succeeded in HIJACKING their company LAFARGE. So the journey to 1EURO starts now... grin

*ThE OcToPuS*

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:37pm On Dec 17, 2017

For those that lack spiritual insight. The spiritual meaning of LAFARGE/WAPCO is a LIVELY MOVING TRUCKS...

May God in his infinite mercies keep us alive....

*ThE OcToPuS*

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 10:37am On Dec 16, 2017

The BEARS and NSEMPA rightnow grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:59pm On Dec 15, 2017

PETERiCHY:
We are patiently waiting for WAPCO @ circa N43 that where I will invest my Treasury bill fund that will mature on Dec 14th.

By mid 2018 we will know those who are chasing wind.

2018 year of the New Dawn.

*ThE OcToPuS*

We finally killed it.
2018 is going to a Bumper Harvest
Glory be to GOD

*ThE OcToPuS*

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