₦airaland Forum

locodemy:
Oga peter,fidelity bank fair price is #2+.
Are we to enter now?

Suddenly Oil prices are crashing and there are high speculation it will dip below $30 per barrel this time around.

So better safeguard your FUND in USD and wait patiently for the 3 musketeer at their normal 80kobo junction. I rest my case.

*ThE OcToPuS*

Englishgold:
Bear is not good at ałl.market bleeping,investors mourning.I'm trapped since 2yrs and now in a stock.I say to hale,since the house is weepin

Who says BEAR is not good? without BEAR how can one make a good bargain.

As per your loss stock market is not for the Lily_livered so you got to stomach it and leverage on the experience to make better decision in the future.

The problem with alot is they ain't discipline and often get away by GREED during the BULL period.

How I wish this BEAR will last for 3months.

*ThE OcToPuS*

PETERiCHY:
Some have been in this market for ages but they can't point at one meaningful achievement like that confused dude called ihedi

In order words I will advice the SMART ONES to be taking their profits in bits else you end up losing your TIME, ENERGY and MONEY.

*ThE OcToPuS*

We gave the above advice when the iron was still hot while some were busy forming James Bond. Now the market is coming home to mama so we can start all over again

*ThE OcToPuS*

Economic experts have cautioned the Federal Government against further borrowing, saying the country’s debt profile of N19tn portends danger for the economy.

They said the country’s debt, which has been increasing in the last few years, was becoming unsustainable as it might be difficult to service it due to the revenue challenges facing the country.

Muhammed said Nigerians needed to be worried about the country’s debt burden rising at a faster rate than revenue generation.

He stated that if something urgent was not done to shore up revenue, it would be difficult for the government to meet its debt servicing obligation.

He said, “The debt profile is scaring and worrying. It’s not a bad thing to borrow but it is good to be assured of the sustainability of the borrowing. If you go on a borrowing spree, then it will be difficult to service this debt when you don’t have the capacity to pay.

“We are not earning as much as we should, and there is need for the government to focus on bringing in investors into these sectors that funds are being borrowed to finance. We can use the PPP model and allow people to bring their money, while the government provides the conducive atmosphere like tax incentives and others.”

http://punchng.com/nigerias-n19tn-debt-portends-danger-for-economy-experts/

http://dailypost.ng/2017/06/16/real-value-naira-n1000-1-dollar-reno-omokri/

Reno Omokri, former aide to ex-President Goodluck Jonathan, has claimed that the true value of the Naira stands at about N1000 to $1.

He said this on Thursday night via his Facebook page.

According to him, the Central Bank of Nigeria (CBN) allegedly uses Nigeria’s foreign reserves in US Dollars to keep the value of the Naira up.

Omokri said: “They will tell you that we are broke because the price of oil crash. That is not true.

“The oil is just the 15 percent of our Gross Domestic Product (GDP). If the price of oil crash, it is not going to affect our economy to the point where we are so broke.

“Right now they tell you that the value of the Naira is increasing. Look that is completely not true.

“What they are doing is that they are depleting our foreign reserves and using it heavily to support the Naira. In a day they spend as much as $400 million to artificially keep the value of the Naira up.

Chibuking81:
I believed that 3 months quit notice from the northern youth to all Igbo living in the north, with the support of their elders and Kano lawmaker,
Couple with NigerDelter 3 months quit notice given to the northerns to vacate their region in response to the one that was given to the Igbo, are seriously disturbing the market.

This current development will discourage the foreign investors that just regain confidence in the NSEM, and were just coming back to the market.

The bull that was massively going on seem to be on break mode because of this development.

If these issue is not properly handled, I forsee a great disaster visiting the market in August/September this year.










Someone gave the above sensitive information instead of processing the info to know the way forward, they choose to attack the messenger to the extent he deleted it.

This the gross i have with myopic investors albeit they keep moving in circus without any meaningful progress.

The same scenario played out b4 2015 election and till date alot are still trapped but they won't admit it rather they keep consoling themselves as long investors while your mates are playing smart and are moving forward with the good things of life where as you are getting old waiting for NSE

OBAGADAFFI:
Why compare the living to the dead.

While Transcorp is still waiting for govement bailout.

May & Baker ROI has outshined​ every penny stock on the NSE.

That is more than 250% between May and June alone.

A stock that has returned over 100% upside in 2months you tagged dead simply because you don't have it. don't worry i will remind you by the time it get to N7.

A coalition of Niger Delta militants is demanding from the Federal Government the return of all oil blocs controlled by Northerners to the people of the oil producing region.

The demand is in retaliation for the order issued by Northern youth organizations to the Igbo in the north to quit the region by October 1.

The Niger Delta Watchdogs, Niger Delta Volunteers, Niger Delta Peoples Fighters, Niger Delta Warriors, Bakassi Freedom Fighters, Niger Delta Movement for Justice, Niger Delta Fighters Network and Niger Delta Freedom Mandate,said in a joint statement yesterday that they also intend to declare an independent Niger Delta on October 1 with a view to freeing their people from what they called northern enslavement.

The communiqué was signed by ‘General’ John Duku (Niger Delta Watchdogs and Convener: Coalition of Niger Delta Agitators), ‘General’ Ekpo Ekpo (Niger Delta Volunteers), ‘General’ Osarolor Nedam (Niger Delta Warriors), and ‘Major-Gen.’ Henry Okon Etete (Niger Delta Peoples Fighters).

Others are ‘Major-Gen.’ Asukwo Henshaw (Bakassi Freedom Fighters), ‘Major-Gen.’ Ibinabo Horsfall (Niger Delta Movement for Justice), ‘Major-Gen.’ Duke Emmanson (Niger Delta Fighters Network), and ‘Major-Gen.’ Inibeghe Adams (Niger Delta Freedom Mandate).

http://www.socialtimesng.net/2017/06/niger-delta-militants-demand-return-oil-blocs-held-northerners/

stcool:
Guys lets drop this whole arguments, Oga peterichy you don't have to prove anything to anyone. Sometimes as a trader we offload stocks in bits, even though we say we have dumped the whole thing, so guys lets give room for human error.

At the end of the day everyone owes nobody explanation over what they make. So lets drop this and move on. The bull run just started. Happy investing ahead of Q2 end.

I'm not here to prove anything, rather I'm point out how miserable some people that are in the habit of deceiving newbies to always buy stocks day in day out.

They claim to be long term investors where as they don't have anything stake in the market.

Tell them to show screenshots the next thing they run to go and hide under their mama bed.

For the NEWBIES stock is a very dangerous terrain as in VERY VERY DANGEROUS PLATFORM where you can lose all your FUNDS inessence don't invest what you can't afford to lose. I rest my case.

*ThE OcToPuS*

mendes911:
I foresee a mild reversal early next week. Sold almost 90% of my stocks today and hoping to re-enter next week. An entity in Diamond Bank was offloading heavily towards the tail end of trading today. I see a reversal, might be wrong though but same plan worked for me between last week and this week.

Hmmm you sold which stock Show us the screenshot to prove you ain't stealing money from mother's purse to buy data. Miserable soul.

mendes911:
@Peterichy, King of Octopus(sy).

Kindly find attached, I have further upgraded the picture you sent earlier.

No wonder how you use PHOTOSHOP to upgrade your account, a poor account remains a poor account. An empty vessel remains an empty vessel. Enjoy your paper millions.

So simply because I covered my surname on the email alert you tagged it a Photoshop.

Never knew we have people this miserable on this forum and they all claim to be stock traders.

Well a sadist will always remain a sadist, now let's see what you will call the SMS alert screenshot

Some have been in this market for ages but they can't point at one meaningful achievement like that confused dude called ihedi

In order words I will advice the SMART ONES to be taking their profits in bits else you end up losing your TIME, ENERGY and MONEY.

*ThE OcToPuS*

PETERiCHY:
The 3 musketeer

DIAMOND #1:33
FIDELITY #1:42
FCMB #1:42

Diamondbk will surely be the first to hit the N2:00k roof. that will amazing over 100% upside .

*ThE OcToPuS*

veecovee:
what's the name the online stockbroker you trade with

Morgan of course.
Better send your sell mandate to their trading desk if you have reached target.

Bought my dangflour @ sub N4:00 waiting to reload at N4:10 if not bye-bye & goodluck to the remaining occupants.

I'm out of Dangflour with with 36%

*ThE OcToPuS*

ukay2:
Nawaoooo. ....all stocks on full bid.....nobody wants to SELL?

Somehow it shows it's mostly Morgan's capital clients that now controls the market,

if in doubt wait let them open the floodgate 2moro come and see mass exodus

chillykelly86:
Bro, not everybody has your investment philosophy. Only speculators are tossed around by the upwards and downwards movement of prices.
Investors who have done their due diligence are like the biblical wise man, they send their roots down, they are not shaken by the wind. At the end of the storm, you'll see who still stands.

If FBNH falls back to #3, I am not moved; I have discovered gold.

Not in NSE where manipulation has being the order of the day if in doubt ask those that bought Diamond bank right issue #5:80 just 3yrs ago or those that bought OANDO right issue N16:50k just 2yrs ago.

So we better call a spade a spade.

BMZK:
I doubt if it is from NSE. This has to do with internal problem because the logging page does not even open.

You are right It's Morgan's problem just got the below screenshot message from them now.

locodemy:
one of the reasons our market will go positive today.Bulk sellers plenty hear eeh.......
This reminds me of my brother Tritri.
Where are thou bro?

And you want the global audience to believe we operate a free market

BMZK:
Confirmed Morgan iTrade is down!!! Bad market, wrong timing. I suspect foul play.

It's been down upto 12hrs. I suspect the issue might even be directly from NSE.

Well it's all part of the game,
BULL make money,
BEAR make money.
It's only PIGS that gets SLAUGHTERED.

All the funds lost in OANDO 2014/2015, I have conveniently recovered with compound interest from TRANSCORP/FIDELITYBK/DIAMONDBK & DANGFLOUR.

Though still patiently waiting for that dubious Wale's OANDO coy @t it real valuation of N2:49k.

*ThE OcToPuS*

flexshop:
Newbie?? been around since the time of SMN forum. Was a senior member. Been trading stocks for more than a decade

Trading with a sixth sense will keep you long in this game for a long time.

Yea forget the market noise without the sixth sense one will be left miserable and totally dejected

PETERiCHY:
If you ain't a radical thinker you wouldn't make a dime from the Stock market.-Peterichy

Words on Marble

*ThE OcToPuS*

Oil prices sharply extended losses on Wednesday after government data showed a surprise increase in stockpiles of crude oil in the United States.

U.S. commercial crude inventories rose by 3.3 million barrels a day in the week to May 26, the Energy Information Administration reported, compared with analysts' expectations for a decrease of 3.5 million barrels.

Brent crude prices were at $48.69 per barrel at 10:34 a.m. ET (1434 GMT), down $1.43, or 2.9 percent. U.S. light crude prices were at $46.44 per barrel, down $1.75 cents, or 3.6 percent.

The benchmark are both nearly 10 percent below their open on May 25, when OPEC and other producers agreed to extend oil output cuts through to the first quarter of 2018.

http://www.cnbc.com/2017/06/06/oil-eases-on-oversupply-but-mideast-tension-and-falling-us-stocks-support.html?__source=newsletter|breakingnews

Cadillac15:
dont burn your fingers sha. Know when to quit.

I'm not in FBNH but it will comfortably sit on the N10 mark, that is called REPRICING.

2013/2014 was FO.
2014 was TRANSCORP
2015/2016 was DANGFLOUR.
2017/2018 is for FBNH, DIAMOND, FIDELITY you can add yours........

The 3 musketeer

DIAMOND #1:33
FIDELITY #1:42
FCMB #1:42

PETERiCHY:
Nothing fishy is going on rather most people are liquidating their TBills at all cost and diverting the fund to Stock Market.

Last month i liquidated all my USD position and invested in the stock market and so far my portfolio is 51.8% upside.

Would it been i don't have a formidable USD portfolio. i would have terminated my TBills that is due for December because of the kind of fire that is currently burning in NSE.

*ThE OcToPuS*

http://mobile.reuters.com/article/idUSL8N1J22EO


Nigerian stocks hit a 23-month high on Monday, extending last week's rally and helped by gains in cement, fuel retailing and banking shares.

A pickup in oil prices and a more stable currency have improved economic prospects in Nigeria, prompting investors to buy into the stock market.

http://mobile.reuters.com/article/idUSL8N1J22EO


Nigerian stocks hit a 23-month high on Monday, extending last week's rally and helped by gains in cement, fuel retailing and banking shares.

A pickup in oil prices and a more stable currency have improved economic prospects in Nigeria, prompting investors to buy into the stock market.

DIAMONDBK and FIDELITYBK no longer have any business trading below N2:00k.

If in doubt check out the Billions of trades that took place in both stocks within 60days.

*ThE OcToPuS*